Dividends in 2018

Announcement on distribution of dividends

Dear shareholders!

On 25 June 2018, the Annual General Meeting of Železiarne Podbrezová a.s. decided that the right to dividends from retained earnings in the amount of EUR 2.00 per share have all persons who were the owners of the Železiarne Podbrezová a.s. shares at 2 July 2018 (hereinafter shareholders). Dividends are payable within 60 days from this definite date and they will be paid at the costs of the Company. 

Payment of dividends to shareholders will be held as follows:

a) INDIVIDUALS - by money order of Poštová banka a.s. sent to the address of the shareholder, by means of bank transfer to shareholders’ account or in cash at the cash office in the registered office of the Company.
If a shareholder requests dividends to be paid by transfer to the bank account, it is necessary to submit a request for the payment of dividends. Request shall include name, surname, domicile, personal identification number or date of birth of the shareholder, bank account number (IBAN code) to which the dividends are to be transferred, and the consent of the shareholder to the processing of their personal data (the bank account for the purposes of dividend payments). The signature of the shareholder must be authenticated. Shareholders may use the request template.
If a shareholder requests dividends to be paid in cash at the cash office in the registered office of the Company, it is necessary to agree a date in advance by contacting Capital management department.
If a shareholder does not require payment of dividends by means of bank transfer or in cash at the cash office, the Company will send them dividends automatically by means of a postal order. 

b) LEGAL ENTITIES - by means of bank transfer to shareholders’ account. It is necessary to submit the following:
- Request for the payment of dividends stating the exact specification of the applicant (trade name, registered office, Company Identification No., the number of registration in the Business register), bank account number and contact person number. The request must be signed by an authorised representative with the authenticated signature;
- Original or certified copy of the up-to-date copy of the extract from the Business register (not older than three months). 

In case of the representation it is necessary to submit a power of attorney with an authenticated signature of the shareholder (the principal).  

Dividends from retained earnings from the previous years 2004 – 2010 are not liable to income tax (according to the Law on Income Tax - no. 595/2003 Coll. as amended). 

Dividends from retained earnings from the previous years 2004 – 2010 are not liable to contribution to the health insurance (according to the Law on Health Insurance - no. 580/2004 Coll. as amended). 

The Company is obligated to pay dividends within 60 days from the definite date, i.e. by 31 August 2018. 

In case of the change in the data regarding the shareholder (e.g. change of surname, domicile, etc.) or the change regarding the person of the shareholder (e.g. due to inheritance, donation, sale) we kindly request shareholders to notify us of any particular change and to enclose the original document confirming the change or the authenticated copy of the public or other record thereof (e.g. marriage certificate proving the change of surname, confirmation of the acquisition of inheritance etc.). 

In case the transfer of the right to dividends was executed pursuant § 178 par. 2 of Act No. 513/1991 Coll. the Commercial Code, the person exercising the right to the payment of dividends will produce the original of the agreement, or any other document confirming its right to the payment of dividend. 

Documents which will be presented by shareholders should be sent to the company’s address (Department of capital management), or presented in person at the registered office of the Company. 

We kindly request shareholders to state in their correspondence their telephone numbers, or their email address for us to be able to communicate with them in an effective manner as regards the solution of possible ambiguities.