The Management Board of TOYA S.A. with its registered office in Wrocław (hereinafter referred to as the Company) informs that on 21 May 2025 it adopted a resolution on approval of the proposal of the Management Board to the General Meeting of TOYA S.A. regarding distribution of profit recognised in the separate financial statements of TOYA S.A. for the financial year ended 31 December 2024. In accordance with the aforementioned resolution, the Management Board proposes to the General Meeting of TOYA S.A. (hereinafter referred to as GM) to distribute the net profit for the financial year 2024 in the amount of PLN 55,653,015.59 (in words: fifty-five million six hundred and fifty-three thousand fifteen zlotys 59/100) as follows:
- allocate the net profit for the financial year 2024 in the amount of PLN 55,653,015.59 (in words: fifty-five million, six hundred and fifty-three thousand and fifteen zlotys 59/100) in its entirety to supplementary capital.
The Management Board of the Company, bearing in mind the need to strengthen the financial stability of the Capital Group and to prepare it for future challenges, proposes to leave the profit earned in supplementary capital. The Capital Group's dynamic growth entails the need to maintain working capital, and in particular inventories, at an optimum level in order to maintain good liquidity. In particular, the Management Board aims to continue the process of supporting and developing logistics capabilities, as this is a significant element in building a competitive advantage in the long term. A possible increase in the logistics and storage base may require significant capital expenditure. Additional capital commitment may also be related to the implementation of the authorisation of the Annual General Meeting of 26 June 2024 granted to the Management Board to purchase treasury shares, should the Management Board decide to implement this authorisation.
The final decision on the distribution of the Company’s profit for the financial year 2024 shall be made by the GM.
The Company’s Management Board shall ask the Company’s Supervisory Board to give its opinion on the Management Board’s proposal.
The Report has been prepared on the basis of Article 17(1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (OJ EU L of 2014, No. 173, page 1, as amended)
Grzegorz Pinkosz – President of the Management Board