The Annual General Meeting of Shareholders held on 19 May 2016 – adopted resolutions

The Board of Directors of Przedsiębiorstwo Przemysłu Spożywczego “PEPEES” S.A. hereby presents the attached resolutions adopted by the Ordinary (Annual) General Meeting of Shareholders held on 19 May 2016 along with the information on the votes cast. 
Having discussed all items included in the agenda, the proxy of the shareholder: Epsilon Fundusz Inwestycyjny Zamknięty Aktywów Niepublicznych, declared (and his declaration was included in the minutes of the Meeting) that he objected to resolutions Nos. 4 to 25. 
The Ordinary (Annual) General Meeting of Shareholders decided not to adopt the resolution on authorising the Supervisory Board to approve of the consolidated text of the Company’s Articles of Association, and decided not to adopt the resolution on the increase in the share capital of the Company through an issue of new ordinary bearer shares with the pre-emptive right, the public offering of the shares of the new issue, determining the day of 10 October 2016 as the day of exercising the pre-emptive right for the shares of the new issue, the dematerialisation of shares and applying for the admission and introduction of pre-emptive rights, allotment certificates and shares of the new issue to trading on a regulated market operated by Giełda Papierów Wartościowych w Warszawie S.A. (Warsaw Stock Exchange), and on amendments to the Company's Articles of Association.

Legal basis: § 38 Clause 1 items 7, 8 and 9 of the Decree of the Minister of Finance dated 19 February 2009 on current and periodic information to be provided by issuers of securities and conditions for recognising as equivalent the information required by the provisions of law of a country not being a member state in relation to Article 60 Clause 2 the Act of 29 July 2005 on the public offer and the conditions for introducing financial instruments to an organised trading system, and on public companies.
Signatures of the Company's representatives

President of the Board of Directors Wojciech Faszczewski 2016-05-20
Member of the Board of Directors / Chief Financial Officer Krzysztof Homenda 2016-05-20