Information provided to a shareholder outside the general meeting pursuant to art. 428 CCC

Zarząd Przedsiębiorstwa Przemysłu Spożywczego PEPEES S.A. ("Company") submits the below mentioned information provided on May 9, 2017 outside the general meeting pursuant to Art. 428 par. 5 of the Commercial Companies Code, with regard to the reply to the shareholder’s questions concerning the protocol and asked during the Ordinary General Meeting of the Company which was held on April 25, 2017.
1. Who is a natural person running business activity, that in 2016 was granted a loan by the Company in the amount of PLN 182,000.00?
Company’s answer: A natural person who was granted in 2016 a loan by the Company is the supplier of potatoes for PEPEES S.A. The amount of PLN 182 thousand includes the major amount of the loan of PLN 175 thousand and PLN 7 thousand of the charged interests.
2. Is this a person related with the Company by the circumstances of holding a particular management positions resulting from the Commercial Companies Code, or by means of the employment contract or the agreement of service provisions, or is this person a shareholder of the Company?
Company’s answer: It is not a person related with the Company by the circumstances of holding a particular management positions resulting from the Commercial Companies Code, or by means of the employment contract. The persons is the supplier of potatoes for PEPEES S.A. based on the cultivation contract.
3. What is the date of loan repayment?
Company’s answer: The loan payment date is December 31, 2017.
4. Does the agreement state to pay the loan before its due date? If yes, on what conditions?
Company’s answer: Yes, the agreement provides for the loan payment before the due date. Payment before the due date can be made based on a compensation for the supplied starch potatoes. The loan was granted pursuant to the market conditions.
5. What are the Company’s revenues from the activity running on the leased agricultural lands located in the commune of Miłakowo and covered by the said lease agreement? The shareholder asked to provide the amount of annual revenues for each year from the date of starting leasing those lands.
Company’s answer: The revenues from the agricultural activity were as follows:
in 2014 - PLN 723,895
in 2015 - PLN 1,608,845
in 2016 - PLN 1,364,947
6. What were the costs of legal advice in 2016?.
Company’s answer: The costs of legal advice in 2016 were PLN 317,938.
7. What were the costs of business advice in 2016?
Company’s answer: The costs of business advice in 2016 were PLN 332,788.
Signatures of the persons representing the Company

President of the Management Board Wojciech Faszczewski 2017-05-09
Member of the Management Board Tomasz Rogala 2017-05-09