Recommendation of the Supervisory Board of Stalprofil S.A. concerning proposed distribution of profit for 2016

The Management Board of Stalprofil S.A. announces that the Supervisory Board at its meeting held on April 28, 2017, adopted a resolution on the opinion of the proposal of the Management Board to the Annual General Meeting concerning distribution of profit for the financial year 2016. The Supervisory Board approved the Management Board's proposal regarding allocation of profit for 2016 including dividend for shareholders of the Company at the amount of 1,750,000 PLN, which is 0,10 PLN dividend per share.
To the date of record proposed by the Management Board, falling on September 5, 2017, and the dividend payment date of September 26, 2016 the Supervisory Board did not raise any objections.