The Ordinary General Meeting of UNIBEP SA on June 15, 2020 adopted the assumptions of the Incentive Program for members of the Management Board and key managers. Under this Program, the Company will be able to sell the Company's own shares to these persons. The General Meeting allocated all the Company's own shares, ie 3,500,000 shares, for the implementation of the Incentive Program. The general meeting authorized the Supervisory Board to establish the Regulations of the Incentive Scheme specifying the detailed rules for the implementation of this Scheme, including the principles of concluding Participation Agreements in the Program. The purchase price for the Shares under the Incentive Scheme will not be lower than PLN 1 per Share. The General Meeting of UNIBEP SA authorized the Supervisory Board to determine the purchase price of the Shares for each Participant of the Incentive Program. This price may vary for individual transactions on the basis of which the Shares will be acquired.

On November 4, 2020, the Supervisory Board of UNIBEP S.A. adopted the Regulations of the UNIBEP S.A. Incentive Program (hereinafter the "Program"). Detailed assumptions of the program are described in the report for the third quarter of 2020 in section 6.3 Incentive program.

On January 14, 2021, the Supervisory Board of the Company decided to implement the Incentive Program for the current financial year, in particular: setting the criteria for allocating shares, accepting the list of participants in the Incentive Program and setting the selling price of shares under the Incentive Program. Pursuant to the decision of the Supervisory Board: i] the list of participants of the Incentive Scheme includes members of the Company's Management Board; ii] the criteria for allocating the Company's shares for the evaluation year 2021 include, in particular, remaining in the composition of the Management Board of the Company as well as the implementation of the agreed financial plans of the Company and the Unibep Capital Group; iii] the sale price of shares that may be purchased by an eligible participant of the Incentive Scheme for the appraisal year 2021 is PLN 3 per share; iv] eligible participants of the Incentive Program [subject to meeting the allocation criteria] will be offered for the evaluation year 2021 at least 600,000 shares, including at least 220,000 shares to Mr. Leszek Marek Gołąbiecki, at least 190,000 shares to Mr. Sławomir Kiszycki, at least 140,000 shares to Mr. Krzysztof Mikołajczyk and at least 50,000 shares to Mr. Adam Poliński.

Broadcast of the general meeting

Investor chats

Justifications of draft resolutions of the general meeting:

Więcej

Information about the reasons for cancellation of a general meeting, change of its date or agenda. Information on breaks in the general meeting and the grounds for ordering those breaks.

Question section

Questions and Answers

Record of the course of the general meeting

Contact details of persons responsible in the company for communication with investors

Information on the share of women and men in the Management Board and Supervisory Board of Unibep SA in the period from May 2012 to 31 March 2021:

Created on 06 March 2016.

Posted in Investor zone.

Dividend policy

Unibep Group

Investor Relations

[arrow-down]

Dividend policy

It is the intent of the Management Board of Unibep S.A. (the Company) to recommend to the Annual General Meeting – after obtaining a positive opinion from the Company's Supervisory Board – that a dividend in the amount ranging from 20% to 50% of the consolidated net profit disclosed in the Unibep Group's financial statements for a given financial year be paid out to shareholders.

The Company's management seeks to maximise the return on capital for shareholders while maintaining a level of safety. According to its dividend policy, Unibep S.A. intends to make stable dividend payments in the long term, in compliance with the principle of prudent management of the Company and the Unibep Group.

Unibep SA dividend policy