Notification by a shareholder of a change in the share in the total number of votes in the company Prochem S.A.

Date of publication: 19.08.2022

The Management Board of PROCHEM S.A. with its seat in Warsaw (hereinafter referred to as the “Company”) informs that on August 19, 2022, the Company received a notification from the Company’s shareholder, Steven Tappan, on a change in participation in total number of votes at the Company’s general meeting.

The change in the share in the total number of votes at the general meeting of the Company results from the reduction of the Company’s share capital from the amount of PLN 2,935,000.00 to the amount of PLN 2,355,000.00, i.e by PLN 580,000 by way of redemption of the 580,000 Company’s shares with a nominal value of 1, PLN 00 each, corresponding to 580,000 votes.

Before the change, Steven Tappan held 1,000,000 shares of the Company, which constituted 34.07% of the share capital and had 1,000,000 votes from these shares, which constituted 33.1% of the total number of votes at the General Meeting.

After the change, Steven Tappan holds 1,000,000 shares of the Company, which constitutes 42.46% of the share capital and has 1,000,000 votes from these shares, which constitutes 42.4% of the total number of votes at the General Meeting.

There are no subsidiaries of the notifying shareholder who hold shares of PROCHEM S.A., and there are no persons referred to in art. 87 sec. 1 item 3 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies.

The shareholder also does not have the financial instruments referred to in Art. 69b section 1 of above Act, and does not have the votes referred to in Art. 69b section 2 and 3 of above Act.

A scan of the notification constitutes a (download file) for this report.