Resolution no. 6 of the General Meeting of Shareholders on: allocation of profit for 2017 and change of the purpose and name of the Reserve Fund

The Management board of Echo Investment S.A. (the Company) hereby publishes the contents of the adopted resolution on the allocation of profit for 2017. RESOLUTION No. 6 of the Annual General Meeting of the Company operating under the name Echo Investment S.A. seated in Kielce as of April 25th, 2018
on: allocation of profit for 2017 and change of the purpose and name of the Reserve Fund; § 1. Allocations of profit 1. 1. Pursuant to Art. 395 § 2 sub-clause 2, Art. 396 § 1 and Art. 348 § 3 of the Code of Commercial Companies, the General Meeting of Shareholders of Echo Investment S.A. seated in Kielce (the Company) hereby decides: (a) to divide the net profit generated by the Company in the closed financial year 2017 amounting to PLN 632,496,013.86 (say: six hundred thirty two million four hundred ninety six thousand thirteen 86/100 zloty) in the following way: I. PLN 213,075,361.43 (say: two hundred thirteen million seventy five thousand three hundred sixty one 43/100 zloty) will be allocated to the Company"s supplementary capital; II. PLN 213,075,361.43 (say: two hundred thirteen million seventy five thousand three hundred sixty one 43/100 zloty) will be allocated to the Company"s reserve capital – the Dividend Fund; III. PLN 206,345,291(say: two hundred six million three hundred forty five thousand two hundred ninety one zloty) will be divided among all the shareholders of the Company i.e. PLN 0.50 (say: fifty grosz) per one share (the Dividend); (b) to determine the Dividend entitlement date as the 4th of May 2018 (the Dividend Day); (c) to determine the Dividend payment date as the 11th of May 2018. § 2. Change of the purpose and name of the existing Reserve Fund Acting pursuant to Art. 396 of the Code of Commercial Companies, in connection with § 23 of the Statute, the General Meeting of Echo Investment SA seated in Kielce decides to change the purpose of the existing Reserve Fund established for the payment of outstanding dividends or make advance payments towards dividends pursuant to Resolution No. 3 of the Extraordinary General Shareholders Meeting of December 19th, 2016, recorded by Elżbieta Giedyk-Sierakowska, a notary in Kielce, under Rep. A 4446/2016, in such a way that it is used to pay dividends or make advance payments towards dividends, and change its name to the Dividend Fund. § 3 Final provisions The resolution enters into force upon adoption. Legal basis: §38 of the Regulation of the Minister of Finance of February 19th, 2009 concerning current and periodical information published by issuers of securities and terms of recognizing as equivalent information required by laws of a non-Member State (Journal of Laws no. 33 item 259).