Notice of the Annual General Meeting of PLN ORLEN S.A. to be held on June 26th 2018

Polski Koncern Naftowy ORLEN Spółka Akcyjna, with its registered office in Płock at ul. Chemików 7, entered in the Business Register maintained by the District Court for the Capital City of Warsaw, Commercial Division of the National Court Register, under No. KRS 0000028860, with share capital/paid-up of PLN 534,636,326.25, Tax Identification Number NIP 774-00-01-454 (‘PKN ORLEN S.A.’ or the ‘Company’).

Date, time, venue and agenda of the General Meeting

The Management Board of PKN ORLEN S.A., acting pursuant to Art. 399.1 in connection with Art. 395.1 and 395.2 of the Commercial Companies Code, and Art. 7.3 of the Company's Articles of Association, hereby gives notice that the Annual General Meeting of Polski Koncern Naftowy ORLEN Spółka Akcyjna (the ‘General Meeting’) will be held at Dom Technika, ul. Kazimierza Wielkiego 41, Płock, Poland, on June 26th 2018 at 11.00 am, with the following agenda:

1. Opening of the General Meeting.

2. Appointment of the Chairperson of the Meeting.

3. Confirmation that the General Meeting has been properly convened and has the legal capacity to adopt resolutions.

4. Adoption of the agenda.

5. Appointment of the Ballot Committee.

6. Consideration of the Directors’ Report on the activities of the ORLEN Group and PKN ORLEN S.A. in 2017. 

7. Consideration of the financial statements of PKN ORLEN S.A. for the year ended December 31st 2017, as well as the Management Board's recommendation regarding the distribution of net profit for the financial year 2017.

8. Consideration of the consolidated financial statements of the ORLEN Group for the year ended December 31st 2017.

9. Consideration of the report of the Supervisory Board of PKN ORLEN S.A. for the financial year 2017.

10. Presentation of the Report on representation expenses, legal fees, marketing costs, public relations and social communication expenses, and management consultancy fees for the year ended December 31st 2017.

11. Voting on a resolution to receive the Directors’ Report on the activities of the ORLEN Group and PKN ORLEN S.A. in 2017.

12. Voting on a resolution to receive the financial statements of PKN ORLEN S.A. for the year ended December 31st 2017.

13. Voting on a resolution to receive the consolidated financial statements of the ORLEN Group for the year ended December 31st 2017.

14. Voting on a resolution to distribute the net profit for the financial year 2017 and to determine the dividend record date and the dividend payment date.

15. Voting on resolutions to grant discharge to members of the Management Board of PKN ORLEN S.A. for performance of their duties in 2017.

16. Voting on resolutions to grant discharge to members of the Supervisory Board of PKN ORLEN S.A. for performance of their duties in 2017.

17. Consideration of and voting on resolutions to amend the Company’s Articles of Association and to approve the consolidated text of the Articles of Association. 

18. Closing of the General Meeting.