The Management Board of CPD Sp\u00f3\u0142ka Akcyjna, with its registered office in Warsaw (hereinafter referred to as the \u201cCompany\u201d), entered in the Register of Entrepreneurs of the National Court Register, maintained by the District Court for the Capital City of Warsaw in Warsaw, 13th Commercial Division, of the National Court Register under KRS No. 0000277147, pursuant to Articles 398, 399 \u00a7 1, 4021, 4022, and 4065 \u00a7 1 of the Commercial Companies Code (hereinafter \u201cCCC\u201d), \u00a7 19(1) of the Regulation of the Minister of Finance
\ndated March 29, 2018, on current and periodic information disclosed by issuers of securities and the conditions for recognizing as equivalent information required by the laws of a non-member state (Journal of Laws of 2018, item 757), hereby convenes an Extraordinary General Meeting of the Company (hereinafter the \u201cGeneral Meeting,\u201d \u201cExtraordinary General Meeting,\u201d or \u201cEGM\u201d), to be held on November 15, 2023, at 11:00 a.m., at the Company\u2019s registered office at ul. Szara 10, 00-420 Warsaw, with the following agenda:<\/p>\n
INFORMATION REGARDING PARTICIPATION IN THE GENERAL MEETING<\/strong><\/p>\n 1. Shareholders\u2019 rights to request that specific matters be included on the agenda of the General Meeting and to submit draft resolutions.<\/strong><\/p>\n 1.1. The right to request that specific matters be included on the agenda of the General Meeting.<\/strong><\/p>\n Pursuant to Article 401 \u00a7 1 of the Commercial Companies Code, a Shareholder or Shareholders representing at least one-twentieth of the Company\u2019s share capital may request that specific matters be included on the agenda of the General Meeting. Such a request must be submitted to the Company\u2019s Management Board no later than twenty-one days before the date of the General Meeting, i.e., by October 25, 2023.<\/p>\n The request should include: 1.2. The Right to Submit Draft Resolutions Concerning Matters Included on the Agenda of the General Meeting<\/strong><\/p>\n Pursuant to Article 401 \u00a7 4 of the Commercial Companies Code, a Shareholder or Shareholders representing at least one-twentieth of the Company\u2019s share capital are entitled to submit draft resolutions concerning matters included on the agenda of the General Meeting or matters to be included on the agenda. Such draft resolutions should be submitted to the Company prior to the date of the General Meeting in writing at the Company\u2019s Management Board office (address: ul. Szara 10, 00-420 Warsaw) or via email to shareholder@cpdsa.pl (in .pdf format). The submitted draft resolutions should be accompanied by the documents referred to in section 1.1, items (ii) and (iii) above.<\/p>\n 1.3. Right to Submit Draft Resolutions During the General Meeting<\/strong><\/p>\n Pursuant to Article 401 \u00a7 5 of the Commercial Companies Code, any Shareholder entitled to participate in the General Meeting may, during the General Meeting, submit draft resolutions concerning matters included on the agenda of the General Meeting.<\/p>\n 1.4. The Right to Ask Questions Regarding Matters on the Agenda of the General Meeting<\/strong><\/p>\n Any Shareholder entitled to participate in the General Meeting may, during the General Meeting, ask questions regarding matters on the agenda of the General Meeting.<\/p>\n 2. Procedures for Participating in the General Meeting and Exercising Voting Rights<\/strong><\/p>\n 2.1. Procedures for Participating in the General Meeting and Exercising Voting Rights<\/strong><\/p>\n The Company\u2019s Management Board hereby announces that, pursuant to Article 4061 of the Commercial Companies Code, only persons who are shareholders of the Company sixteen days prior to the date of the General Meeting, i.e., on October 30, 2023 (hereinafter: \u201cRecord Date\u201d), are entitled to participate in the General Meeting. Pursuant to Article 4062 of the Commercial Code, pledgees and usufructuaries who are entitled to vote have the right to participate in the Company\u2019s General Meeting if the establishment of a limited real right in their favor is registered in the securities account on the Record Date for Participation in the General Meeting. 2.2. List of Shareholders Entitled to Attend the Extraordinary General Meeting<\/strong><\/p>\n The list of Shareholders entitled to attend the General Meeting will be prepared based on the list provided by KDPW and made available at the Company\u2019s Management Board office in Warsaw, at 10 Szara Street, from 9:00 a.m. to 4: 00 for three business days prior to the General Meeting, i.e., on November 10, 13, and 14, 2023. Shareholders may review the list of Shareholders entitled to participate in the Extraordinary General Meeting at the Management Board\u2019s office and request a copy of the list of eligible Shareholders upon reimbursement of the costs of its preparation.<\/p>\n During the three weekdays preceding the Company\u2019s General Meeting, a shareholder may request that the list of shareholders entitled to participate in the General Meeting be sent to them free of charge via email, specifying the email address to which the list should be sent. The request must be made in writing, signed by the Shareholder or by persons authorized to represent the Shareholder, and sent to shareholder@cpdsa.pl (in .pdf format) along with copies of documents confirming that the person making the request is a Shareholder and confirming the identity of the Shareholder or the persons representing the Shareholder in the manner specified in Section 1.1, subparagraphs (ii) and (iii) above.<\/p>\n 2.3. How to Participate in the General Meeting and Exercise Voting Rights<\/strong><\/p>\n A shareholder who is a natural person may participate in the General Meeting and exercise voting rights in person or through a proxy. A shareholder other than a natural person may participate in the General Meeting and exercise voting rights through a person authorized to make declarations of intent on its behalf or through a proxy.<\/p>\n Shareholders will be admitted to the General Meeting upon presentation of an identification document, and proxies upon presentation of an identification document and a valid power of attorney. Proxies or representatives of Shareholders other than natural persons must additionally present current extracts from the relevant registers listing the persons authorized to represent those entities, which confirm their right to represent the Shareholder.<\/p>\n Half an hour before the start of the General Meeting, registration of participants begins with Shareholders and their proxies signing the attendance list, which contains a list of the Company\u2019s Shareholders compiled on the basis of the list of eligible participants, specifying the number of shares held by each person eligible to participate in the General Meeting and the number of votes to which they are entitled.<\/p>\n If a Shareholder is not listed on the register of eligible participants but holds a personalized certificate confirming the right to participate in the General Meeting, issued by the entity maintaining the Shareholder\u2019s securities account no earlier than the announcement convening the General Meeting and no later than the first business day following the Registration Date, the Company is required to admit the Shareholder to participate in the General Meeting.<\/p>\n If a Shareholder is listed on the register of eligible participants, the Company may not require the Shareholder to present a personalized certificate confirming the right to participate in the General Meeting.<\/p>\n 2.4. Shareholders\u2019 Proxies<\/p>\n (i) Pursuant to Article 4121 \u00a7 2 of the Commercial Companies Code, a power of attorney must be drawn up in writing or granted in electronic form. A power of attorney granted in electronic form does not require a qualified electronic signature.<\/p>\n (ii) A power of attorney may be granted electronically using the power of attorney form available on the Company\u2019s website at www.cpdsa.pl under the \u201cGeneral Meetings\u201d tab, in accordance with Article 4023 \u00a7 1(5) of the Commercial Companies Code. A Shareholder is not required to use the form, but the power of attorney must contain at least the identification information specified in the form. In addition to the power of attorney form, the website also includes instructions regarding the proxy\u2019s exercise of voting rights at the General Meeting. Use of these instructions is also voluntary.<\/p>\n (iii) Notice of the granting or revocation of a power of attorney, together with the power of attorney itself, must be sent by the Shareholder prior to the closing of the list of participants in the General Meeting, which is prepared on the day of the General Meeting before it begins and must precede the proxy\u2019s request for inclusion on the list of participants. The above information should be sent via email to shareholder@cpdsa.pl by sending a scanned copy of the power of attorney document (in .pdf format) signed by the shareholder (without an attachment\u2014voting instructions) to the above address, or, in the case of Shareholders other than natural persons, by persons authorized to represent the Shareholder. A Shareholder granting a power of attorney in electronic form should, in addition to the power of attorney document, provide information enabling the Shareholder\u2019s identification and verification of the power of attorney\u2019s validity: the Shareholder\u2019s first and last name, PESEL number, residential address, email address, and phone number.<\/p>\n (iv) In order to verify the validity of a power of attorney granted electronically, the Company has the right to take steps to identify the Shareholder and his or her proxy; in particular, it has the right to send follow-up questions electronically and to contact the parties by telephone. Failure to respond to questions asked during the verification process will be treated as an inability to verify the power of attorney and will constitute grounds for refusing to admit the proxy to participate in the General Meeting.<\/p>\n (v) To confirm the authenticity of the power of attorney, it is recommended that the Shareholder provide the proxy with a printed copy of the information sent to the Company, as referred to above.<\/p>\n (vi) A printout of the power of attorney granted in electronic form shall be attached to the attendance list prepared before the start of the General Meeting and subsequently attached to the notarial minutes of the General Meeting.<\/p>\n (vii) If the proxy at the General Meeting is a member of the Company\u2019s Management Board, a member of the Company\u2019s Supervisory Board, an employee of the Company, or a member of the governing bodies or an employee of a subsidiary of the Company, the power of attorney may authorize representation at only one General Meeting. The proxy holder is required to disclose to the Shareholder any circumstances indicating the existence of, or the possibility of, a conflict of interest. The proxy holder is required to disclose to the Shareholder any circumstances that may indicate the existence of, or the possibility of, a conflict of interest. Such a proxy holder shall vote in accordance with the instructions provided by the Shareholder, and the granting of a subproxy is prohibited.<\/p>\n 2.5. The Possibility and Method of Participating in the General Meeting via Electronic Means of Communication<\/strong><\/p>\n The Company does not provide for the possibility of participating in the General Meeting via electronic means of communication.<\/p>\n The Company does not provide for the possibility of participating in the General Meeting via electronic means of communication.<\/p>\n The Company does not provide for the possibility of speaking during the General Meeting via electronic means of communication.<\/p>\n 2.7. Method of exercising voting rights by mail or via electronic means of communication<\/strong><\/p>\n The Company does not provide for the possibility of casting a vote by mail or via electronic means of communication.<\/p>\n 2.8 Broadcast of the General Meeting<\/strong><\/p>\n The General Meeting will be broadcast in real time on the website www.cpdsa.pl<\/p>\n 3. General Meeting Documentation and Other Information<\/strong><\/p>\n 3.1. General Meeting Documentation<\/strong><\/p>\n Any person entitled to participate in the General Meeting may obtain the full text of the documentation to be presented at the General Meeting, draft resolutions along with their justifications, and comments from the Company\u2019s Management Board or Supervisory Board regarding matters included on the agenda of the General Meeting or matters which are to be added to the agenda prior to the date of the Extraordinary General Meeting, on the Company\u2019s website at www.cpdsa.pl under the \u201cGeneral Meetings\u201d tab, as well as at the Company\u2019s Management Board office in Warsaw at ul. Szara 10, 00-420 Warsaw. 3.2. Information Regarding the General Meeting<\/strong><\/p>\n Information regarding the General Meeting will be made available on the Company\u2019s website at www.cpdsa.pl.<\/p>\n 3.3. Other Information<\/strong><\/p>\n The Company\u2019s Management Board hereby informs that, with respect to matters not covered by this announcement, the provisions of the Commercial Companies Code, the Company\u2019s Articles of Association, the Rules of Procedure of the Company\u2019s General Meeting, and regulations governing securities trading\u2014including, in particular, those applicable to public companies, of which CPD, a joint-stock company with its registered office in Warsaw, is one\u2014shall apply. The Management Board urges the Company\u2019s Shareholders to familiarize themselves with the above regulations (the Articles of Association and the Rules of Procedure of the General Meeting are available on the Company\u2019s website) or to seek advice from entities specializing in legal counsel regarding the impact of these regulations on the Shareholders\u2019 current and planned actions.<\/p>\n Notice Regarding a Proposed Amendment to the Company\u2019s Articles of Incorporation: \u201c1. The Company\u2019s share capital amounts to 896,618.50 PLN (in words: eight hundred ninety-six thousand six hundred eighteen zlotys fifty groszy) and is divided into 8,966,185 (in words: eight million nine hundred sixty-six thousand one hundred eighty-five) Series AA shares with a par value of PLN 0.10 (ten groszy) each.\u201d<\/em><\/p>\n Proposed wording of \u00a7 4(1) of the Company\u2019s Articles of Association:<\/p>\n \u201c1. The Company\u2019s share capital amounts to 448,309.30 z\u0142 (in words: four hundred forty-eight thousand three hundred nine thirty groszy) and is divided into 4,483,093 (four million four hundred eighty-three thousand ninety-three) Series AA shares with a par value of 0.10 PLN (ten groszy) each.\u201d<\/em><\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"class_list":["post-1025","general-meeting","type-general-meeting","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/cpdsa.pl\/en\/wp-json\/wp\/v2\/general-meeting\/1025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpdsa.pl\/en\/wp-json\/wp\/v2\/general-meeting"}],"about":[{"href":"https:\/\/cpdsa.pl\/en\/wp-json\/wp\/v2\/types\/general-meeting"}],"wp:attachment":[{"href":"https:\/\/cpdsa.pl\/en\/wp-json\/wp\/v2\/media?parent=1025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n(i) a justification or a draft resolution regarding the proposed agenda item,
\n(ii) a copy of a document certifying the Shareholder\u2019s identity:
\n\u2013 in the case of natural persons: a copy of an ID card, passport, or other official document certifying the Shareholder\u2019s identity,
\n\u2013 in the case of a Shareholder other than a natural person (a legal entity or an organizational unit without legal personality): a copy of an extract from the relevant register or another document confirming the authority of the natural person (or natural persons) to represent the Shareholder, and a copy of an ID card, passport, or other official document certifying the identity of the persons authorized to represent the Shareholder,
\n\u2013 if the request is submitted by a proxy, additionally: a copy of the power of attorney granted by the Shareholder, or by a person authorized to represent the Shareholder (if the Shareholder is not a natural person), and a copy of the proxy\u2019s ID card, passport, or other official document certifying the proxy\u2019s identity; or, if the proxy is not a natural person, a copy of an extract from the relevant register or another document confirming the authorization of the natural person (or natural persons) to represent the proxy, as well as copies of identity cards, passports, or other official documents certifying the identity of the natural person (or natural persons) authorized to represent the proxy.
\n(iii) a document or documents confirming ownership of a number of the Company\u2019s shares sufficient to submit the request, which may be, for example, a certificate or depositary receipt issued by the entity maintaining the securities account in which the Company\u2019s shares held by the Shareholder (or the Shareholders submitting the request) are recorded, which must indicate that the person submitting the request is a Shareholder of the Company (or that the Shareholders submitting the request are acting jointly, or that the person is a proxy for the Shareholders with the appropriate power of attorney) and that they represent at least 1\/20 of the Company\u2019s share capital.
\nThe request may be submitted in writing at the Company\u2019s Management Board office (address: ul. Szara 10, 00-420 Warsaw) or via email to shareholder@cpdsa.pl (file format: .pdf).<\/p>\n
\nThe list of shareholders entitled to participate in the General Meeting will be determined based on information received by the Company from the National Depository for Securities (hereinafter: \u201cKDPW\u201d); however, the Management Board recommends that shareholders obtain personalized certificates confirming their right to participate in the General Meeting, issued by the entity maintaining their securities account. A request for the issuance of a personalized certificate confirming the right to participate in the General Meeting must be submitted to the entity maintaining the securities account within the period from the date of this announcement convening the General Meeting until the first business day following the Record Date, i.e., by October 31, 2023.<\/p>\n
\nStarting on November 8, 2023, a Shareholder has the right to request from the Company a copy of the motions regarding matters on the agenda. Information regarding the General Meeting will be made available on the Company\u2019s website at www.cpdsa.pl.<\/p>\n
\nCurrent wording of \u00a7 4(1) of the Company\u2019s Articles of Incorporation:<\/p>\n