Stara Planina Hold : Decisions of the General Meeting of Shareholders

Decisions of the General Meeting of Shareholders

09.06.2023

The general meeting of shareholders distributed a dividend for the financial year 2022.

The Regular General Meeting of the Shareholders of Stara Planina Hold, held on 08.06.2023 approved the 2022 activity report of the Company, the 2022 Annual financial statements verified by a certified public accountant and the reports of the Audit committee and the Investor Relations Director.

The General Meeting of Shareholders approved a resolution the amount of BGN 6 544 630.42 (six million five hundred forty-four thousand six hundred and thirty and forty-two stotinki) to be paid as dividend under the following parameters:

• Gross dividend per share: BGN 0.31579;
• Net dividend per share after deduction of 5% tax: BGN 0.30.
• Initial date for dividend payment - August 1st, 2023
• Term for dividend payment - 6 months until February 1st, 2024.

Dividend payment will be conducted in accordance with the requirements of the Law on Public Offering of Securities and the other applicable regulations of the current legislation - under a contract with Central Depository AD and through the branches of International Asset Bank AD in the regional cities.

The right to receive dividends for 2022 will be entitled to all persons/entities entered in the central register of securities, as such with the right to dividend by June 22nd, 2023 at the latest.

The General Meeting of Shareholders released from responsibility the members of the Board of Directors for their activities in 2022 and appointed Assoc. Prof. Dr. Katya Raykova Zlatareva to be the certified auditor for the 2023 independent financial audit of the company