The Management Board of KGHM Polska Miedź S.A. (“the Company”) announces that on 27 April 2026 it adopted a resolution in respect of which it will submit a proposal to the Ordinary General Meeting of KGHM Polska Miedź S.A. to adopt a resolution on the appropriation of profit for 2025, in the amount of PLN 1 946 423 407.72 by:
paying out a dividend in the amount of PLN 300 000 000.00 (PLN 1.50 per share),
transferring the amount of PLN 1 646 423 407.72 to the Company’s reserve capital.
Moreover, the Management Board of KGHM Polska Miedź S.A. proposes that the Ordinary General Meeting of KGHM Polska Miedź S.A. set the dividend date at 25 June 2026 and the dividend payment date at 9 July 2026.
In developing its recommendation, the Management Board of the Company mainly took into consideration the current financial condition and the assessment of the financial needs of the KGHM Polska Miedź S.A. Group in the context of the execution of short-term and long-term investment plans. This proposal is compliant with the Company's Dividend Policy, which provides for a balance to be maintained between the level of dividends paid out and opportunities to effectively invest the generated profits.
The above proposal of the Management Board was positively reviewed by the Supervisory Board of KGHM Polska Miedź S.A.
The final decision on the appropriation of profit for 2025 will be made by the Ordinary General Meeting of KGHM Polska Miedź S.A.
Legal basis: Art. 17 (1) of MAR (Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.