IPOPEMA Securities : 27.06.2017 - No. 8/2017 Resolutions passed by the Annual General Meeting - attachment

R E S O L U T I O N N O . 1 OF THE ANNUAL GENERAL MEETING OF IPOPEMA SECURITIES SPÓŁKA AKCYJNA dated 27 June 2017 to appoint the Chairperson of the Annual General Meeting

Pursuant to Art. 409.1 of the Commercial Companies Code, the Annual General Meeting of IPOPEMA Securities S.A. hereby resolves as follows: -----------------------------------------------------------------------------------------------------------

Section 1

Mr. Marcin Kurowski shall be appointed as Chairperson of the Annual General Meeting. ----------------------------------

Section 2

This Resolution shall become effective as of its date. --------------------------------------------------------------------------------

Valid votes were cast on 14,243,536 shares, representing 47,58% of the Company's share capital. The resolution was passed unanimously, with 14,243,536 votes in its favour. --------------------------------------------------------------------

R E S O L U T I O N N O . 2 OF THE ANNUAL GENERAL MEETING OF IPOPEMA SECURITIES SPÓŁKA AKCYJNA dated 27 June 2017 to appoint a Ballot Counting Committee

Acting on the proposal put forward by the Chairperson, the Annual General Meeting of IPOPEMA Securities S.A. resolves as follows:----------------------------------------------------------------------------------------------------------------------------

Section 1

A Ballot Counting Committee shall be appointed in the shape of Mr. Marcin Bańkowski.----------------------------------- Section 2

This Resolution shall become effective as of its date. --------------------------------------------------------------------------------

Valid votes were cast on 14,243,536 shares, representing 47,58% of the Company's share capital. The resolution was passed unanimously, with 14,243,536 votes in its favour. --------------------------------------------------------------------

R E S O L U T I O N N O . 3 OF THE ANNUAL GENERAL MEETING OF IPOPEMA SECURITIES SPÓŁKA AKCYJNA dated 27 June 2017 to adopt the agenda

Acting on the proposal put forward by the Chairperson, the Annual General Meeting of IPOPEMA Securities S.A. resolves as follows: ---------------------------------------------------------------------------------------------------------------------------

Section 1

The Annual General Meeting adopts the following agenda:-------------------------------------------------------------------------

1. Opening of the Annual General Meeting.---------------------------------------------------------------------------------------

2. Appointment of the Chairperson. -------------------------------------------------------------------------------------------------

3. Preparation of a list of attendees. ------------------------------------------------------------------------------------------------

4. Confirmation that the Annual General Meeting has been properly convened and has the capacity to adopt resolutions. -----------------------------------------------------------------------------------------------------------------------------

5. Appointment of a Ballot Counting Committee. --------------------------------------------------------------------------------

6. Adoption of the agenda.-------------------------------------------------------------------------------------------------------------

1. Review of the Directors' Report on the operations of the Company and its Group in the financial year 2016.

2. Review of the Company's separate financial statements for the financial year 2016. ------------------------------

3. Review of the Group's consolidated financial statements for the financial year 2016. -----------------------------

4. Review of the Supervisory Board's written report for 2016 and the Management Board's proposal concerning allocation of the Company's net profit for the financial year 2016.-------------------------------------------------------

5. Resolution on approval of the Directors' Report on the operations of the Company and its Group in the financial year 2016. ------------------------------------------------------------------------------------------------------------------

6. Resolution on approval of the Company's financial statements for the financial year 2016. ---------------------

7. Resolution on approval of the Group's consolidated financial statements for the financial year 2016.---------

8. Resolution on allocation of the Company's net profit for the financial year 2016.------------------------------------

9. Grant of discharge in respect of performance of duties by members of the Management Board and the Supervisory Board.

10. Resolution on appointment of the Supervisory Board members for another term of office.

11. Resolution on the assessment of the Company's remuneration policy. ----------------------------------------------- 18. Closing of the Annual General Meeting. ----------------------------------------------------------------------------------------

Section 2

This Resolution shall become effective as of its date. --------------------------------------------------------------------------------

Valid votes were cast on 14,243,536 shares, representing 47,58% of the Company's share capital. The resolution was passed unanimously, with 14,243,536 votes in its favour. --------------------------------------------------------------------

R E S O L U T I O N N O . 4 OF THE ANNUAL GENERAL MEETING OF IPOPEMA SECURITIES SPÓŁKA AKCYJNA dated 27 June 2017 on review and approval of the Directors' Report on the operations of the Company and its Group in the financial year 2016

Pursuant to Art. 382.3 in conjunction with Art. 395.2.1) of the Commercial Companies Code, and pursuant to Art. 16.3c) and Art. 19.1a) of the Company's Articles of Association, the Annual General Meeting of IPOPEMA Securities S.A. hereby resolves as follows: -----------------------------------------------------------------------------------------------------------

Section 1

Accepting the Supervisory Board's report for 2016, the Annual General Meeting approves the Directors' Report on the operations of the Company and its Group in the financial year 2016. -------------------------------------------------------

Section 2

This Resolution shall become effective as of its date. --------------------------------------------------------------------------------

Valid votes were cast on 14,243,536 shares, representing 47,58% of the Company's share capital. The resolution was passed unanimously, with 14,243,536 votes in its favour. --------------------------------------------------------------------

R E S O L U T I O N N O . 5 OF THE ANNUAL GENERAL MEETING OF IPOPEMA SECURITIES SPÓŁKA AKCYJNA dated 27 June 2017 on review and approval of the financial statements of the Company for the financial year 2016

Pursuant to Art. 382.3 in conjunction with Art. 395.2.1 of the Commercial Companies Code, and pursuant to Art. 16.3c) and Art. 19.1a) of the Company's Articles of Association, the Annual General Meeting of IPOPEMA Securities S.A. hereby resolves as follows: -----------------------------------------------------------------------------------------------------------

Section 1

Accepting the Supervisory Board's report for 2016, the Annual General Meeting approves the Company's financial statements for the financial year 2016, including:--------------------------------------------------------------------------------------

a) introduction to the financial statements; ----------------------------------------------------------------------------------------

1. balance sheet as at 31 December 2016, showing total assets and total equity and liabilities of PLN 305,012 thousand; -------------------------------------------------------------------------------------------------------------------------------

2. income statement for the period 1 January-31 December 2016, showing a net profit of PLN 1,046 thousand;

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3. statement of changes in equity for the period 1 January-31 December 2016, showing equity of PLN 61,405 thousand as at the end of the period;--------------------------------------------------------------------------------------------

4. statement of cash flows for the period 1 January-31 December 2016, showing a net decrease in cash of PLN 108,712 thousand; ------------------------------------------------------------------------------------------------------------

f) notes. ------------------------------------------------------------------------------------------------------------------------------------

Section 2

This Resolution shall become effective as of its date. --------------------------------------------------------------------------------

Valid votes were cast on 14,243,536 shares, representing 47,58% of the Company's share capital. The resolution was passed unanimously, with 14,243,536 votes in its favour. --------------------------------------------------------------------

R E S O L U T I O N N O . 6 OF THE ANNUAL GENERAL MEETING OF IPOPEMA SECURITIES SPÓŁKA AKCYJNA dated 27 June 2017 on review and approval of the consolidated financial statements of the Group for the financial year 2016

Pursuant to Art. 395.5 of the Commercial Companies Code, and Art. 19.1.l) of the Company's Articles of Association, the Annual General Meeting of IPOPEMA Securities S.A. hereby resolves as follows: --------------------

Section 1

Accepting the Supervisory Board's report for 2016, the Annual General Meeting approves the Group's consolidated financial statements for the financial year 2016, including:--------------------------------------------------------------------------

1. consolidated statement of financial position as at 31 December 2016, showing total assets and total equity and liabilities of PLN 340,349 thousand;----------------------------------------------------------------------------------------

2. consolidated statement of comprehensive income for the period 1 January-31 December 2016, showing a net profit of PLN 2,365 thousand and other comprehensive income of PLN 155 thousand;

3. consolidated statement of changes in equity for the period 1 January-31 December 2016, showing equity of PLN 83,635 thousand as at the end of the period; ---------------------------------------------------------------------------

4. consolidated statement of cash flows for the period 1 January-31 December 2016, showing a net decrease in cash by PLN 106,617 thousand; ----------------------------------------------------------------------------------------------

e) notes. --------------------------------------------------------------------------------------------------------------------------------

Section 2

This Resolution shall become effective as of its date. --------------------------------------------------------------------------------

Valid votes were cast on 14,243,536 shares, representing 47,58% of the Company's share capital. The resolution was passed unanimously, with 14,243,536 votes in its favour. --------------------------------------------------------------------