45/2021 Conversion of C series registered shares into bearer shares

The Management Board of the company Trakcja S.A. (“the Company”) hereby informs that with regard to receiving applications from shareholders of the Company – Agencja Rozwoju Przemysłu S.A. and COMSA S.A.U. (hereinafter jointly referred to as “the Applicants”), submitted on the grounds of Article 334 par. 2 of the Commercial Companies Code, today the Management Board of the Company passed a resolution on converting some of the C series registered shares of the Company held by the Applicants into bearer shares in the total number of 12,335,891, comprising 92,939 C series registered shares held by Agencja Rozwoju Przemysłu S.A. and 12,242,952 C series registered shares held by COMSA S.A.U.

Due to the aforementioned conversion of C series registered shares into bearer shares, rights attached to these shares have not changed and these shares are not preferred. The nominal value of each share amounts to PLN 0.80, each share is entitled to one vote.

Furthermore, with regard to the change in question, the amount of the share capital of the Company does not change and totals PLN 69,160,780.80, and is divided into 86,450,976 shares, including:
1)    51,399,548 A series bearer shares,
2)    10,279,909 B series bearer shares,
3)    12,335,891 C series bearer shares,
4)    12,435,628 C series registered shares.
The total number of votes from all Company shares amounts to 86,450,976 votes.
 
At the same the Management Board of the Company undertakes any measures in order to register the conversion of 12,335,891 C series registered shares of the Company into bearer shares in the depository for securities kept by the National Depository for Securities (Krajowy Depozyt Papierów Wartościowych S.A.) and float them on the regulated market operated by the Warsaw Stock Exchange (Giełda Papierów Wartościowych w Warszawie S.A.).

Legal grounds
par. 5, point 2 of the Resolution of the Minister of Finance of 29 March 2018 regarding current and periodical information forwarded by the issuers of securities and terms of considering the information required by legal provisions of a country not being a Member State as equivalent.