3/2022 – Registration of the amendment to the Memorandum of the Company

The Management Board of Trakcja S.A. (the “Company”) hereby informs that it has been advised today that on 8 January 2022 the District Court for the Capital City of Warsaw, Warsaw, XII Business Division of the National Court Register has registered the amendments to the Memorandum, as adopted under Resolution No. 7 of the Extraordinary General Meeting of the Company on 10 September 2021.

The amendment to the Memorandum involves the change of the contents of its Article 21 (1a), which shall read:
“1a. The Company’s conditional share capital shall amount to no more than PLN 13,023,288.00 (said: thirteen million twenty-three thousand two hundred eighty-eight Złotys), and shall be divided into no more than 16,279,110 (said: sixteen million two hundred seventy-nine thousand one hundred ten) series D bearer shares of a nominal value of PLN 0.80 (said: eighty Groszes) each. The entitled party to take over series D shares shall be the person who holds series F bonds or series G bonds convertible to series D shares issued by the Company. The right to take over series D shares may be exercised by a person who holds series F bonds or series G no later than on the buy-out date specified, as appropriate, in the conditions of the issue of series F bonds and conditions of issue of series G bonds, no earlier than before the expiry of 12 months from the date of issue of series F bonds and series G bonds and no later than by 31 December 2023 in the instance of series F bonds and by 1 February 2024 in the instance of series G bonds.”

The new consolidated text of the Company’s Memorandum which takes into account the foregoing amendments constitutes a schedule to this report.

Legal basis:
§ 5 (1) of the Regulation of the Minister of Finance concerning current and periodical information provided by issuers of securities and conditions of recognizing information as equivalent required under the legislation of non-Member States