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Information on bringing an action for annulment or possibly repealing of the referred resolutions of

the Ordinary General Meeting of the Company



Current report No. 14/2017

Legal basis - Art. 1, item 2 of the Act on Public Offering - current and periodic information


Management Board of the "PEPEES" S.A. Food Industry Company ("The Company") hereby informs that on 8 June, 2017, it received a copy of the claim filed by EPSILON Fundusz Inwestycyjny Zamknięty Aktywów Niepublicznych in Warszawa ("the Plaintiff") from the Regional Economic Court in Bialystok, 7th Economic Division ("the Court") against the Company for annulment or possibly repealing of the following resolutions adopted on 25 April, 2017 by the Ordinary General Meeting of the Company (current report No. 8/2017 dated 26 April, 2017):
- Resolution No. 11 on allocation of net profit of the "PEPEES" S.A. Food Industry Company for the financial year 2016;
- Resolution No. 24 on authorization of the Management Board to acquire the Company's own shares;
- Resolution No. 25 on creation of a reserve capital to acquire own shares;
- Resolution No. 26 on determining the list of persons entitled to participate in the motivating and bonus programs;
- Resolution No. 27 on the Company's financing of own share acquisition;
- Resolution No. 28 on creation of a reserve capital for the Company's financing of own share acquisition.
Along with a copy of the claim, the Company received a copy of the Court's decision rejecting the Plaintiff's request for securing the claims by prohibiting the execution of the referred resolutions until the end of the court proceedings, considering that the claim was unfounded due to the claim and the legal interest in granting it were deemed as not rendered credible. The decision of the Court is not legally valid.
Specific legal basis: § 38, par. 1, item 10 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information provided by issuers of securities and conditions for recognizing information required by the laws of a non-member country as equivalent.
Signatures of persons representing the company

President of the Management Board Wojciech Faszczewski 2017-06-08
Member of the Management Board Tomasz Rogala 2017-06-08

Thu 06, July 2017 by: Przemysław Modzelewski