EXTRAORDINARY GENERAL MEETING OF THE COMPANY CONVENED ON APRIL 21, 2023

The Management Board of Krakowskie Zakłady Automatyki Spółka Akcyjna with its registered seat in Krakow, at Wielicka 30 ( 30-552 Krakow), entered in the register of entrepreneurs kept by the District Court for Krakow – Śródmieście in Krakow, XI Economic Division of the National Court Register, under the KRS number: 0000031035, acting pursuant to the art. 402 §1. of the Commercial Companies Code read with the Article 21.1 of the Company’s Articles of Association, convenes the Extraordinary General Meeting of the Company, which shall be held on April 21st, 2023 at 12:00 p.m. in the conference room of the Company’s headquarters in Krakow at 30 Wielicka Street.

 

The agenda of the Extraordinary General Meeting of the Company under the name: Krakowskie Zakłady Automatyki S.A. is as follows:

  1. Opening of the Extraordinary General Meeting of Shareholders.
  2. Election of the Chairman of the Meeting.
  3. Confirmation that the Meeting has been duly convened and has the capacity to adopt resolutions.
  4. Approval of the agenda of the Meeting.
  5. Election of members of the Returning Committee.
  6. Presentation of the Management Board’s motion to increase the share capital and amend the Company’s Articles of Association.
  7. Adoption of a resolution on increasing the share capital by closed subscription and amending the Articles of Association of the Company.
  8. Adoption of a resolution on the adoption of the consolidated text of the Company’s Articles of Association.
  9. Any other business.
  10. Closing of the Extraordinary General Meeting of Shareholders.

 

In relation to the planned adoption of a resolution on increasing the Company’s share capital by issuing series D shares by closed subscription, it is hereby announced that:

The day of subscription rights to shares will be set for the day following the day on which the General Meeting adopts a resolution on increasing the share capital and amending the Articles of Association of the Company.

 

Concerning the planned adoption of a resolution to amend the Articles of Association, the following is stated:

 

  • The existing wording of the provision of Article 7.1 of the Articles of Association is to be amended:

“7.1 The Company’s share capital amounts to PLN 1,487,980.00. ( one million four hundred and eighty-seven thousand nine hundred and eighty PLN) and is divided into 148,798 ( one hundred and forty-eight thousand seven hundred and ninety-eight ) shares, including:
a) 148,797 ( one hundred and forty-eight thousand seven hundred and ninety-seven ) series A shares
b) 1 ( one) share of series C,
each with a nominal value of PLN 10.00. ( ten PLN)”

 

  • The proposed wording of the provision of Article 7.1 of the Articles of Association:

“7.1 The Company’s share capital amounts to PLN 1,687,980.00.(one million six hundred eighty seven thousand nine hundred eighty PLN) and is divided into 168,798 ( one hundred sixty eight thousand seven hundred ninety eight) shares, including:
a) 148,797 ( one hundred and forty-eight thousand seven hundred and ninety-seven) series A shares
b) 1 (one) share of series C,
c) 20,000 ( twenty thousand) series D shares,
each with a nominal value of PLN 10.00. ( ten PLN)”.

 

The Company’s Management Board informs that pursuant to Article 406 §1. of the Commercial Companies Code, the right to participate in the Company’s General Meeting of Shareholders is vested on those entitled by shares, as well as pledgees and users who have the voting rights if they have been listed in the Register of Shareholders at least one week prior to the holding of the General Meeting of Shareholders.

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