Text of resolutions of the EGM

The Board of Directors of Przedsiębiorstwo Przemysłu Spożywczego PEPEES S.A. hereby presents the resolutions adopted by the Extraordinary General Meeting of Shareholders of the Company held on 18 December 2018 together with the information on votes cast and draft resolutions that were voted on but were not adopted.
Due to the fact that the number of members of the Supervisory Board to be chosen in voting by groups had not been determined, the Extraordinary General Meeting of Shareholders decided not to appoint members of the Supervisory Board by voting in separate groups, and due to formal shortcomings of the draft resolution on the possible determination of the number of members of the Supervisory Board for the new term of office different than the number of members of the Supervisory Board in the previous term of office (the failure to determine the number of members of the Supervisory Board for the new term of office by the party submitting the draft resolution), the Extraordinary General Meeting of Shareholders decided not to vote on the resolution.
None of the shareholders present raised any objections.
Specific legal basis: § 19(1) items 6, 7, 8 and 9 of the Decree of the Minister of Finance dated 29 March 2018 on current and periodic information provided by issuers of securities and conditions for recognising as equivalent the information required by the law of a non-member state.

SIGNATURES OF THE COMPANY’S REPRESENTATIVES
Date Name and surname Position/Function Signature
2018-12-19 Wojciech Faszczewski President of the Board of Directors
2018-12-19 Tomasz Rogala Member of the Board of Directors