Notification of draft resolutions by the Shareholder on the matters placed on the agenda of the General Meeting or matters which are to be placed on the agenda of the General Meeting of Shareholders

The Management Board of TOYA SA (the “Company”) announces that on June 17, 2016 it has received from shareholder holding 35.96% of the total number of shares, the request with the application of draft resolutions relating to matters on the agenda or matters that are to be placed on the agenda of the General Meeting of Toya SA filed under Article 401 § 4 of the Commercial Companies Code. Draft resolutions relate to withdrawal from the agenda of the OGM of TOYA SA held on 23 June 2016 of the following points:

1. 19a in the wording: „Presentation by the Management Board of the legitimacy of the involvement of the Company in the amount of PLN 12 000 000.00 in the acquisition of 20.1% of the shares MaxCom SA, in particular the expected benefits, profits and further plans to engage in equity of MaxCom SA”
2. Point 19b in the wording: „Adopting the resolution on recommendations to the Board on the involvement of the Company in the acquisition of shares MaxCom SA”.
3. 19c in wording: „Adoption of a resolution on the transfer of supplementary capital portion of the accumulated profits (up to 60% of the profit generated in the financial year 2014) to increase the amount of dividends to be paid to shareholders in the distribution of profit for the year 2015”.
4. 19d in wording: „Adoption of a resolution establishing the strategy of the Company’s dividend policy”.
5. 22a in wording: „Resolution on the number of members of the Supervisory Board”.

Attached to this report the Company presents draft resolutions reported by the Shareholder.

Legal basis: Article 56 section 1 point 2 of Act on Public Offering Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading System and Public Companies – current and periodic information in connection with  § 38.1 point 5 of the Regulation of the Minister of Finance dated 19 February 2009 on current and periodic information published by issuers of securities and conditions for recognizing as equivalent information required by laws of non-member state.

Grzegorz Pinkosz

President of the Management Board