13/2023 – Notification of Change in Voting Rights in Trakcja S.A.

The Management Board of Trakcja S.A. (the “Company,” the “Issuer”) informs that on April 20, 2023, it received a notification from Agencja Rozwoju Przemysłu S.A. (the “Shareholder”) pursuant to Article 69(1)(2) and Article 69b(1) and (2) of the Act of July 29, 2005 on Public Offering and Conditions Governing the Introduction of Financial Instruments to Organized Trading and on Public Companies (the “Public Offering Act”), regarding a reduction in its shareholding in the Company, resulting in holding less than 15% of the total voting rights in the Company. This change occurred as a result of the sale to PKP Polskie Linie Kolejowe S.A. with its registered office in Warsaw (“PKP PLK”) of a block of shares and a block of bonds of the Company that entitle the holder to subscribe for shares of the Company.

Additionally, the Shareholder notified that, due to the acquisition of shares in the Company by PKP PLK from the Shareholder on April 19, 2023, and the completion of the final stage of the transaction as part of the agreement dated November 19, 2020, between the Shareholder and PKP PLK, with the involvement of the State Treasury – Minister of State Assets and the State Treasury – Minister of Infrastructure, both the Shareholder and PKP PLK have lost their status as entities connected by the agreement referred to in Article 87(1)(5) of the Public Offering Act.

The detailed content of the notification is provided in the attachment to this report.

Legal Basis: Article 70(1) of the Act of July 29, 2005 on Public Offering and Conditions Governing the Introduction of Financial Instruments to Organized Trading and on Public Companies (Journal of Laws 2009, No. 185, item 1439, as amended)