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Dividend policy

The Company has started pay off dividends in 2016, i.e. from the division of the 2015 profits. The Management Board intends to recommend the General Meeting payment of dividends in accordance with the profitability and financial capabilities, at the level of: for 2016 - 70% of consolidated net profit attributed to shareholders of the parent entity and in subsequent years - between 70% and 100% of the consolidated net profit for fiscal year. The Management Board aims to adjust the dividend policy to the current economic and business situation of the company, paying special attention to the planned investments.