Becoming aware of the securing of the claim to repeal or annul Resolution No. 28

With reference to current report No. 31/2019, the Board of Directors of Przedsiębiorstwo Przemysłu Spożywczego “PEPEES” S.A. (‘the Company’) hereby informs that they have become aware of the lawsuit filed by EPSILON Fundusz Inwestycyjny Zamknięty Aktywów Niepublicznych w Warszawie (‘the Plaintiff’) to repeal or annul resolution No. 28 of the Annual General Meeting of Shareholders on the amendment to the Company’s Articles of Association and authorising the Company’s Board of Directors to increase the Company’s share capital within the limits of the authorised capital, with the possibility of depriving existing shareholders by the Board of Directors of all or part of their pre-emptive rights with the consent of the Company’s Supervisory Board; the Company informed about it in current report No. 24/2019.
At the same time, the Company’s Board of Directors has become aware that the Court of Appeal in Białystok changed the decision of the Regional Court dismissing the request to secure this claim and decided to withhold the Company’s performance of the aforementioned resolution No. 28 of the Annual General Meeting of Shareholders and to suspend the registration procedure regarding the entry of amendments based on this resolution.
Legal basis: §19(1)(10) and (11) of the Regulation 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
2019-09-20 Wojciech Faszczewski President of the Board of Directors
2019-09-20 Tomasz Rogala Member of the Board of Directors