No. 17/2021 | 29-04-2021
Notice of the Annual General Meeting of PKN ORLEN S.A. to be held on May 27th 2021
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 Łódź-Śródmieście in Łódź, XX 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 and 395.5 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’ or the ‘Meeting’) will be held at Dom Technika, ul. Kazimierza Wielkiego 41, Płock, Poland, on May 27th 2021 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 Management Board Report on the operations of the ORLEN Group and PKN ORLEN S.A. in 2020.
7. Consideration of the financial statements of PKN ORLEN S.A. for the year ended December 31st 2020, as well as the Management Board’s recommendation regarding coverage of net loss for the financial year 2020.
8. Consideration of the consolidated financial statements of the ORLEN Group for the year ended December 31st 2020.
9. Consideration of the report of the Supervisory Board of PKN ORLEN S.A. for the financial year 2020.
10. Presentation of the 2020 Report on entertainment expenses, legal expenses, marketing expenses, public relations and communication expenses, and management consultancy fees.
11. Voting on a resolution to approve the Management Board Report on the operations of the ORLEN Group and PKN ORLEN S.A. in 2020.
12. Voting on a resolution to approve the financial statements of PKN ORLEN S.A. for the year ended December 31st 2020.
13. Voting on a resolution to approve the consolidated financial statements of the ORLEN Group for the year ended December 31st 2020.
14. Voting on a resolution to cover the net loss for the financial year 2020.
15. Voting on a resolution to determine the level of dividend payment in 2021 and the dividend record date and the dividend payment date.
16. Voting on resolutions to grant discharge to members of the Management Board of PKN ORLEN S.A. for performance of their duties in 2020.
17. Voting on resolutions to grant discharge to members of the Supervisory Board of PKN ORLEN S.A. for performance of their duties in 2020.
18. Consideration of and voting on resolutions to amend the Company’s Articles of Association and to determine the consolidated text of the Articles of Association.
19. Consideration of and voting on a resolution to give an opinion on PKN ORLEN S.A. Supervisory Board statement regarding Management Board and the Supervisory Board members remuneration for 2019-2020.
20. Closing of the General Meeting.