Date	2021-03-22
Current report no.	9/2021

 

TIM SA with its registered office in Wrocław informs that on 22 March 2021 the Management Board of TIM S.A. adopted a resolution pursuant to which it decided in a request to the Supervisory Board of TIM S.A. and the Ordinary Shareholders’ Meeting of TIM S.A. regarding distribution of profit generated by TIM S.A. in 2020, to consider a payment of the dividend in the amount of PLN 48,838,240 (in words: forty-eight million eight hundred and thirty-eight thousand two hundred and forty zlotys) gross, which gives the amount of PLN 2.20 (in words: two zlotys and twenty groszy) gross per 1 (in words: one) share of which the amount of PLN 26,639,040 (in words: twenty six million six hundred and thirty nine thousand and forty zlotys) gross, that is: PLN 1.20 (in words: one zloty and twenty groszy) gross per 1 share was paid on 30 December 2020 as an advance payment against the dividend for the financial year 2020, whereas the Management Board of TIM SA decided to recommend for the payment in 2021 the amount of PLN 22.199.200,00 (in words: twenty two million one hundred ninety nine thousand two hundred zlotys) gross, i.e. PLN 1 (in words: one zloty) gross per 1 (in words: one) share.

Final decision regarding the distribution of profit for the financial year 2020 will be made by the Ordinary Shareholders’ Meeting of TIM S.A.

The information on the payment of the advance against dividend for the year 2020 was announced by the Management Board of TIM S.A. to the public in the current report No. 35/2020 dated 20.11.2020.

SIGNATURES OF PERSONS REPRESENTING THE COMPANY

2020-03-22, Krzysztof Folta – President of the Management Board 2020-03-22, Piotr Tokarczuk – Member of the Management Board