Acquisition by PROCHEM S.A. own shares for redemption

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Date of publication: 28.11.2022

The Management Board of PROCHEM S.A. with its registered office in Warsaw (hereinafter referred to as the “Company”) informs that as a result of the settlement, on November 28, 2022, of the share purchase transaction, the Company acquired a total of 350,000 (three hundred and fifty thousand) own shares with a nominal value of PLN 1.00 each share, which together constitute 14.86% of the Company’s share capital. These shares correspond to 350,000 votes at the General Meeting of the Company, which constitutes 14.85% of votes at the General Meeting of the Company. The purchase price was PLN 36.00 (thirty-six zlotys) per share.

The shares were acquired as part of the offer announced by the Company on November 7, 2022. (current report no. 23/2022), invitations to submit sales offers of no more than 350,000 shares of the Company with a nominal value of PLN 1.00.

The offer was announced on the basis of Resolution No. 4 of the Extraordinary General Meeting of the Company of September 24, 2022 on authorizing the Management Board of the Company to purchase own shares for redemption.

The shares were acquired outside the regulated market, through mBank S.A. based in Warsaw.

The shares were purchased for redemption. Pursuant to § 2 of Resolution No. 4 of the Extraordinary General Meeting of the Company of September 24, 2022, the Management Board of the Company will submit a resolution on the redemption of the purchased own shares to the agenda of the next General Meeting of the Company.

The Management Board informs that as at the date of publication of this report, the Company holds a total of 350,000 own shares, constituting 14.86% of the Company’s share capital. These shares correspond to 350,000 votes at the General Meeting of the Company, which constitutes 14.85% of votes at the General Meeting of the Company.