Current report No. 29/2025
Resolutions to be debated at the Annual General Meeting on May 29, 2025.
The Management Board of Budimex S.A. hereby announces the content of the resolutions adopted at the Annual General Meeting of Budimex S.A., which was held on May 29, 2025:
Resolution
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
the election of the Chairman of the Annual General Meeting The Annual General Meeting of Budimex S.A. adopts a resolution with the following content:
§ 1. The Annual General Meeting appoints Mr. Andrzej Leganowicz as Chairman of the Annual General Meeting.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman of the Supervisory Board, Mr. Marek Michałowski, stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% (eighty point nineteen percent) of the share capital),
– total number of valid votes – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) votes,
- votes “for” – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/, votes ‘against’ – 0 /zero/, votes “abstained” – 0 /zero/.
Resolution
of the Ordinary General Meeting of Budimex S.A. of May 29, 2025 on
the election of the Ballot Counting Committee
The Annual General Meeting of Budimex S.A. adopts a resolution with the following content:
§ 1. The Annual General Meeting appoints a Ballot Counting Committee composed of:
1. Mrs. Bogna Kuczyńska-Piech,
2. Mrs. Jadwiga Romańska-Kwinta.
§ 2. The resolution shall enter into force on the date of its adoption. The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
– total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/, votes ‘against’ – 0 /zero/, votes “abstained” – 0 /zero/.
Resolution
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
adoption of the agenda.
The Annual General Meeting of Budimex S.A. adopts a resolution with the following content:
§ 1. The Annual General Meeting adopts the following agenda:
1. Opening of the Annual General Meeting.
2. Election of the Chairperson of the Annual General Meeting.
3. Confirmation that the Annual General Meeting has been duly convened and has the capacity to adopt resolutions.
4. Election of the Ballot Counting Committee.
5. Adoption of the agenda.
6. Presentation and consideration of the report on the activities of the Budimex Group and Budimex S.A. for the year 2024 together with sustainability report, financial statements of Budimex S.A. for the year ended 31 December 2024, together with the report on the audit of the annual financial statements of Budimex S.A. for the year ended 31 December 2024 and the consolidated financial statements of the Budimex Group for the year ended 31 December 2024, together with the report on the audit of the annual consolidated financial statements for the year ended 31 December 2024.
7. Presentation of the report of the Supervisory Board on the remuneration of the members of the Management Board and the Supervisory Board for 2024.
8. Presentation and consideration of the report of the Supervisory Board of Budimex S.A., including the results of the assessment of the Management Board’s reports on the activities and financial statements for the financial year 2024 and the Management Board’s proposal on the distribution of profit, as well as the assessment of the Company’s situation.
9. Presentation of the assumptions of the long-term incentive program for key employees of the Budimex Group.
10. Presentation of the draft remuneration policy for members of the Management and Supervisory Boards of Budimex S.A., together with the recommendation of the Company’s Supervisory Board as regards its adoption by the Annual General Meeting.
11. Adoption of resolutions on:
11.1. review and approval of the report on the activities of the Budimex Group and Budimex S.A. for 2024, together with the sustainability report,
11.2. review and approval of the financial statements of Budimex S.A. for the year ended December 31, 2024,
11.3. review and approval of the consolidated financial statements of the Budimex Group for the year ended December 31, 2024,
11.4. distribution of profit for 2024,
11.5. granting vote of approval to the members of the Management Board of Budimex S.A. for the performance of their duties in 2024,
11.6. review and approval of the report on the activities of the Supervisory Board of Budimex S.A. for 2024,
11.7. issuing an opinion on the report of the Supervisory Board of Budimex S.A. on the remuneration of members of the Management Board and Supervisory Board of the Company, 11.8. granting a vote of approval to members of the Supervisory Board for the performance of their duties in 2024,
11.9. adoption of the remuneration policy for members of the Management Board and Supervisory Board of Budimex S.A.,
11.10. establishing a long-term incentive program for key employees of the Group and determining the rules for its implementation, and authorizing the Company’s Management Board to take actions aimed at creating a reserve capital intended for the purchase of shares under the incentive program,
11.11. appointment of a member of the Supervisory Board of Budimex S.A.,
11.12. amendment of paragraph 6(1) of the Articles of Association of Budimex S.A. in connection with the introduction of the Polish Classification of Activities 2025 (PKD 2025).
12. Closing of the meeting.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by open ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/, votes ‘against’ – 0 /zero/, votes “abstained” – 0 /zero/.
Resolution No. 508
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
review and approval of the report on the activities of the Budimex Group and Budimex S.A. for 2024, together with the sustainability report for 2024
Pursuant to Article 395 § 2(1) in conjunction with Article 393(1) of the Commercial Companies Code and § 13(a) of the Company’s Articles of Association, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. The report on the activities of the Budimex Group and the Company Budimex S.A. for the year 2024 together with the sustainability report is approved, after prior review.
§ 2 The resolution shall enter into force on the date of its adoption. Appendices: Report on the activities of the Budimex Group and Budimex S.A. for 2024, made available for inspection during the Annual General Meeting, published on April 11, 2025, in the annual report for 2024 and on the website of Budimex S.A.
The Chairman stated that the above resolution was adopted by open ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/, votes ‘against’ – 0 /zero/, votes “abstained” – 0 /zero/.
Resolution No. 509
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
review and approval of the financial statements of Budimex S.A. for the year ended December 31, 2024
Pursuant to Article 395 § 2(1) in conjunction with Article 393(1) of the Commercial Companies Code and Article 53(1) of the Accounting Act of September 29, 1994, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. The financial statements of the Company for the year ended 31 December 2024 are approved, having been subject to review.
The financial statements comprise:
1. a statement of financial position as at December 31, 2024, which shows assets, equity, and liabilities in the amount of PLN 6,659,345 thousand (six billion six hundred fifty-nine million three hundred forty-five thousand PLN),
2. profit and loss account for the period from January 1, 2024, to December 31, 2024, showing a net profit of PLN 649,242 thousand (six hundred forty-nine million two hundred forty-two thousand zlotys),
3. statement of comprehensive income for the period from January 1, 2024 to December 31, 2024, showing total comprehensive income in the amount of PLN 647,266 thousand (six hundred forty-seven million two hundred sixty-six thousand zlotys),
4. statement of changes in equity for the period from January 1, 2024 to December 31, 2024, showing a decrease in equity in the amount of PLN 263,903 thousand (two hundred sixty-three million nine hundred three thousand zlotys),
5. cash flow statement for the period from January 1, 2024 to December 31, 2024, showing a decrease in cash in the amount of PLN 727,720 thousand (seven hundred twenty-seven million seven hundred twenty thousand PLN),
6. additional information and explanations. The financial statements of Budimex SA for the year ended December 31, 2024, have been audited by an independent auditor and approved by the Company’s Supervisory Board.
§ 2. The resolution shall enter into force on the date of its adoption.
Appendices: Financial statements of Budimex S.A. for the year ended December 31, 2024, and Report on the audit of the annual financial statements of Budimex S.A. for the year ended December 31, 2024, made available for inspection during the Annual General Meeting, published on April 11, 2025, in the annual report for 2024 and on the website of Budimex S.A.
The Chairman stated that the above resolution was adopted by open ballot, with:
– the number of shares from which valid votes were cast – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,468,208 /twenty million four hundred sixty-eight thousand two hundred and eight/, votes ‘against’ – 4,720 /four thousand seven hundred twenty/, votes “abstained” – 0 /zero/.
Resolution No. 510
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
review and approval of the consolidated financial statements for the year ended December 31, 2024
Pursuant to Article 395 § 5 of the Commercial Companies Code and Article 63c (4) of the Accounting Act of 29 September 1994, the Annual General Meeting of Budimex S.A. decrees as follows:
§ 1 The consolidated financial statements of the Budimex Group for the year ended 31 December 2024 are approved, subject to review.
The consolidated financial statements comprise:
1. a consolidated statement of financial position as at December 31, 2024, which shows assets, equity, and liabilities in the amount of PLN 7,816,330 thousand (seven billion eight hundred sixteen million three hundred thirty thousand zlotys),
2. profit and loss account for the period from January 1, 2024, to December 31, 2024, showing a net profit of PLN 623,609 thousand (six hundred and twenty-three million, six hundred and nine thousand zlotys),
3. consolidated statement of comprehensive income for the period from January 1, 2024 to December 31, 2024, showing total comprehensive income in the amount of PLN PLN 620,325,000 (six hundred and twenty million, three hundred and twenty-five thousand zlotys),
4. consolidated statement of changes in equity for the period from January 1, 2024 to December 31, 2024, showing a decrease in equity in the amount of PLN 263,903 thousand (two hundred sixty-three million nine hundred three thousand zlotys),
5. cash flow statement for the period from January 1, 2024 to December 31, 2024, showing a decrease in cash in the amount of PLN PLN 711,571 thousand (seven hundred and eleven million, five hundred and seventy-one thousand zlotys),
6. additional information and explanations. The consolidated financial statements of Budimex Group for the year ended December 31, 2024, have been audited by an independent auditor and approved by the Company’s Supervisory Board.
§ 2. The resolution shall enter into force on the date of its adoption. Appendices: Consolidated financial statements of Budimex S.A. for the year ended December 31, 2024, and Report on the audit of the consolidated financial statements of Budimex S.A. for the year ended December 31, 2024, made available for inspection during the Annual General Meeting, published on April 11, 2025, in the consolidated annual report for 2024 and on the website of Budimex S.A.
The Chairman stated that the above resolution was adopted by open ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,472,024 /twenty million four hundred seventy-two thousand and twenty-four/, votes ‘against’ – 904 /nine hundred and four/, votes “abstained” – 0 /zero/.
Resolution No. 511
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
distribution of profit for 2024
Pursuant to Article 395 § 2(2) of the Commercial Companies Code, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. Decides to assign the net profit for the period from January 1, 2024 to December 31, 2024 in the amount of PLN 649,230,392.14 (six hundred and forty-nine million two hundred and thirty thousand three hundred and ninety-two zlotys and fourteen cents) to the payment of a dividend of PLN 25.43 (twenty-five zlotys and forty-three cents) gross per share. To allocate the remaining part of the profit in the amount of PLN 11,823.59 (eleven thousand eight hundred and twenty-three zlotys and fifty-nine cents) to supplementary capital.
§ 2. 1. The list of shareholders entitled to dividends for 2024 is established as at June, 5th 2025 (record date).
2. The dividend payment date is set at June, 13th 2025.
§ 3. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by open ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,469,112 /twenty million four hundred sixty-nine thousand one hundred twelve/, votes ‘against’ – 3,816 /three thousand eight hundred sixteen/, votes “abstained” – 0 /zero/.
Resolution No. 512
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the President of the Management Board of Budimex S.A., Mr. Artur Popko, for the performance of his duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. Upon a positive evaluation of the Company’s activities in 2024, at the request of the Supervisory Board, the vote of approval for the performance of his duties is granted to the President of the Management Board of Budimex S.A. – Mr Artur Popko for the period from 1 January 2024 to 31 December 2024.
§ 2 The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,468,938 /twenty million four hundred sixty-eight thousand nine hundred thirty-eight/, votes ‘against’ – 0 /zero/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 513
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the Member of the Management Board of Budimex S.A., Mr. Jacek Daniewski, for the performance of his duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. Upon a positive evaluation of the Company’s activities in 2024, at the request of the Supervisory Board, the vote of approval for the performance of his duties is granted to the Member of the Management Board of Budimex S.A. – Mr Jacek Daniewski for the period from 1 January 2024 to 31 December 2024.
§ 2 The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
– total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,468,938 /twenty million four hundred sixty-eight thousand nine hundred thirty-eight/, votes ‘against’ – 0 /zero/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 514
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the Member of the Management Board of Budimex S.A., Mr. Marcin Węgłowski, for the performance of his duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. Upon a positive evaluation of the Company’s activities in 2024, at the request of the Supervisory Board, the vote of approval for the performance of his duties is granted to the Member of the Management Board of Budimex S.A. – Mr Marcin Weglowski for the period from 1 January 2024 to 31 December 2024.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
– total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,468,938 /twenty million four hundred sixty-eight thousand nine hundred thirty-eight/, votes ‘against’ – 0 /zero/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 515
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the Member of the Management Board of Budimex S.A., Ms. Anna Karyś-Sosińska, for the performance of her duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. Upon a positive evaluation of the Company’s activities in 2024, at the request of the Supervisory Board, the vote of approval for the performance of her duties is granted to the Member of the Management Board of Budimex S.A. – Ms. Anna Karyś-Sosińska for the period from 1 January 2024 to 31 December 2024.
§ 2. The resolution shall enter into force on the date of its adoption. The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
– total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,468,938 /twenty million four hundred sixty-eight thousand nine hundred thirty-eight/, votes ‘against’ – 0 /zero/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 516
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the Member of the Management Board of Budimex S.A., Mr. Cezary Łysenko, for the performance of his duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. Upon a positive evaluation of the Company’s activities in 2024, at the request of the Supervisory Board, the vote of approval for the performance of his duties is granted to the Member of the Management Board of Budimex S.A. – Mr Cezary Lysenko for the period from 1 January 2024 to 31 December 2024.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,468,938 /twenty million four hundred sixty-eight thousand nine hundred thirty-eight/, votes ‘against’ – 0 /zero/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 517
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the Member of the Management Board of Budimex S.A., Mr. Maciej Olek, for the performance of his duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. Upon a positive evaluation of the Company’s activities in 2024, at the request of the Supervisory Board, the vote of approval for the performance of his duties is granted to the Member of the Management Board of Budimex S.A. – Mr Maciej Olek for the period from 1 January 2024 to 31 December 2024.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,468,938 /twenty million four hundred sixty-eight thousand nine hundred thirty-eight/, votes ‘against’ – 0 /zero/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 518
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
reviewing and approving the report on the activities of the Supervisory Board of Budimex S.A. for 2024.
Pursuant to art. 395 § (5) of the Code of Commercial Companies, the Annual General Meeting of Budimex S.A. decrees as follows:
The report of the Supervisory Board of Budimex S.A. for the year 2024, attached as an appendix to this resolution, is approved, subject to prior consideration.
§ 2 The resolution shall enter into force on the date of its adoption.
Attachments: Report of the Supervisory Board of Budimex S.A. for 2024.
The Chairman stated that the above resolution was adopted by open ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/, votes ‘against’ – 0 /zero/, votes “abstained” – 0 /zero/.
Resolution No. 519
of the Annual General Meeting of Budimex S.A. of May 29, 2025, on:
issuing an opinion on the report of the Supervisory Board of Budimex S.A. on the remuneration of members of the Management Board and Supervisory Board of the Company.
Pursuant to Article 90g(6) of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. The Annual General Meeting expresses a positive opinion on the report of the Supervisory Board of Budimex S.A. on remuneration of the members of the Management Board and the Supervisory Board of the Company, which is attached as an appendix to this resolution.
§ 2 The resolution shall enter into force on the date of its adoption.
Attachments: Report of the Supervisory Board of Budimex S.A. on the remuneration of members of the Management Board and Supervisory Board of the Company, together with the auditor’s assessment.
The Chairman stated that the above resolution was adopted by open ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 17,844,790 /seventeen million eight hundred forty-four thousand seven hundred ninety/, votes ‘against’ – 2,628,138 /two million six hundred twenty-eight thousand one hundred thirty-eight/, votes “abstained” – 0 /zero/.
Resolution No. 520
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the Member of the Supervisory Board of Budimex S.A., Ms. Danuta Dąbrowska, for the performance of her duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. The vote of approval for the performance of her duties is granted to the Member of the Supervisory Board of Budimex S.A. – Ms Danuta Dabrowska for the period from 1 January 2024 to 31 December 2024.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
– the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,005,920 /twenty million five thousand nine hundred twenty/, votes ‘against’ – 463,018 /four hundred sixty-three thousand eighteen/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 521
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the Member of the Supervisory Board of Budimex S.A., Mr. Marek Michałowski, for the performance of his duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. The vote of approval for the performance of his duties is granted to the Member of the Supervisory Board of Budimex S.A. – Mr Marek Michałowski for the period from 1 January 2024 to 31 December 2024.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
– total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,005,920 /twenty million five thousand nine hundred twenty/, votes ‘against’ – 463,018 /four hundred sixty-three thousand eighteen/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 522
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the Member of the Supervisory Board of Budimex S.A., Mr. Juan Ignacio Gastón Najarro, for the performance of his duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. The vote of approval for the performance of his duties is granted to the Member of the Supervisory Board of Budimex S.A. – Mr Juan Ignacio Gastón Najarro for the period from 1 January 2024 to 31 December 2024.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
– total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,005,920 /twenty million five thousand nine hundred twenty/, votes ‘against’ – 463,018 /four hundred sixty-three thousand eighteen/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 523
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the Member of the Supervisory Board of Budimex S.A., Mr. Igor Adam Chalupec, for the performance of his duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. The vote of approval for the performance of his duties is granted to the Member of the Supervisory Board of Budimex S.A. – Mr Igor Adam Chalupec for the period from 1 January 2024 to 31 December 2024.
§ 2. The resolution shall ent er into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,005,920 /twenty million five thousand nine hundred twenty/, votes ‘against’ – 463,018 /four hundred sixty-three thousand eighteen/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 524
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the Member of the Supervisory Board of Budimex S.A., Mr. Janusz Dedo, for the performance of her duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. The vote of approval for the performance of his duties is granted to the Member of the Supervisory Board of Budimex S.A. – Mr Janusz Dedo for the period from 1 January 2024 to 31 December 2024.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,005,920 /twenty million five thousand nine hundred twenty/, votes ‘against’ – 463,018 /four hundred sixty-three thousand eighteen/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 525
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the Member of the Supervisory Board of Budimex S.A., Mr. Artur Kucharski, for the performance of her duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. The vote of approval for the performance of his duties is granted to the Member of the Supervisory Board of Budimex S.A. – Mr Artur Kucharski for the period from 1 January 2024 to 31 December 2024.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,005,920 /twenty million five thousand nine hundred twenty/, votes ‘against’ – 463,018 /four hundred sixty-three thousand eighteen/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 526
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the Member of the Supervisory Board of Budimex S.A., Mr. Ignacio Aitor Garcia Bilbao, for the performance of his duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. The vote of approval for the performance of his duties is granted to the Member of the Supervisory Board of Budimex S.A. – Mr Ignacio Aitor Garcia Bilbao for the period from 1 January 2024 to 31 December 2024.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,005,920 /twenty million five thousand nine hundred twenty/, votes ‘against’ – 463,018 /four hundred sixty-three thousand eighteen/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 527
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the Member of the Supervisory Board of Budimex S.A., Mr. IMario Manuel Menendez Montoya, for the performance of his duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. The vote of approval for the performance of his duties is granted to the Member of the Supervisory Board of Budimex S.A. – Mr Mario Manuel Menendez Montoya for the period from 1 January 2024 to 31 December 2024.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,005,920 /twenty million five thousand nine hundred twenty/, votes ‘against’ – 463,018 /four hundred sixty-three thousand eighteen/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 528
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
granting a vote of approval to the Member of the Supervisory Board of Budimex S.A., Ms. Silvia Rodriguez Hueso, for the performance of her duties in 2024.
Pursuant to Article 395 § 2(3) of the Commercial Companies Code, the Annual General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. The vote of approval for the performance of her duties is granted to the Member of the Supervisory Board of Budimex S.A. – Ms Silvia Rodríguez Hueso for the period from 1 January 2024 to 31 December 2024.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
– total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,005,920 /twenty million five thousand nine hundred twenty/, votes ‘against’ – 463,018 /four hundred sixty-three thousand eighteen/, votes “abstained” – 3,990 /three thousand nine hundred and ninety/.
Resolution No. 529
of the Annual General Meeting of Budimex S.A. of May 29, 2025, on:
adoption of the remuneration policy for members of the Management Board and Supervisory Board of Budimex S.A.
Pursuant to Article 90e(4) of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies, the Ordinary General Meeting of Budimex S.A. hereby resolves as follows:
§ 1. In connection with the intention to establish a long-term incentive program, the new wording of the Remuneration Policy for Members of the Management and Supervisory Boards of Budimex S.A. contained in the attachment to this resolution is adopted. The attachment constitutes an integral part of this resolution.
§ 2. The resolution shall enter into force on the date of its adoption.
Attachments: Remuneration Policy for Members of the Management Board and Supervisory Board of Budimex S.A.
The Chairman stated that the above resolution was adopted by open ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 12,931,886 /twelve million nine hundred thirty-one thousand eight hundred eighty-six/, votes ‘against’ – 4,784,567 /four million seven hundred eighty-four thousand five hundred sixty-seven/, votes “abstained” – 2,756,475 /two million seven hundred fifty-six thousand four hundred seventy-five/.
Resolution No. 530
of the Annual General Meeting of Budimex S.A. of May 29, 2025, on:
establishing a long-term incentive program for key employees of the Group and determination of the rules for its implementation, and authorisation to the Company’s Management Board to take measures to create a reserve capital for the acquisition of shares under the incentive program.
Pursuant to Article 396 (4) and (5) and Article 345 (4) of the Commercial Companies Code as well as § 19 items 1 and 2 and § 21 of the Articles of Association, the Annual General Meeting of Budimex S.A. decrees as follows:
§ 1 Establishing Incentive Program
1. It is resolved to establish a long-term incentive program for key employees of the Company and its group companies within the meaning of the Accounting Act, i.e. companies for which the Company is a parent company within the meaning of Article 3, paragraph 1, item 37 of the Accounting Act (respectively, the “Group” and the “Incentive Program”), constituting a system for rewarding participants in the Incentive Program, i.e. members of the Company’s management board (the “Management Board”) and selected key employees of the Company and Group companies and members of the management boards of Group companies (collectively, the “Participants”). Under the terms and conditions set forth in this Resolution, in particular as to the financing of the Incentive Program with funds provided by the Company for this purpose (allocated for this purpose by the Annual General Meeting of the Company pursuant to § 6 and 7 below), under the Incentive Program, Participants shall be given the opportunity to acquire fully paid-up ordinary bearer shares of the Company (“Shares”), admitted to trading on the regulated market operated by the Warsaw Stock Exchange. (“WSE”).
2. The purpose of the Incentive Program is to motivate key employees of the Company and the Group by linking their interests to the Company’s goals and strategy in order to increase the Company’s value in the long term and to maintain key employees’ commitment to the Company and the Group.
3. Participants in the Incentive Program are persons who are employed under an employment contract with the Company or a Group company and receive benefits or other receivables from the Company or a Group company under the titles specified in Article 12 of the Personal Income Tax Act of July 26, 1991.
§ 2. Rules and organisation of the Incentive Program
1. The Incentive Program will be implemented on the following terms: (a) During the term of the Incentive Program, the Company will grant Participants conditional rights to periodically purchase Company Shares through an investment firm designated by the Company; (b) the purchase of Shares will be financed from funds created specifically for this purpose in accordance with Article 345 § 4 of the Commercial Companies Code.
2. The condition for the Participants to exercise their right to acquire the Shares is that the Company obtains a satisfactory position – according to the Supervisory Board of the Company - of the Financial Supervision Authority confirming the correctness of the Company’s interpretation of the applicable legal regulations, according to which the implementation of the Incentive Program will not give rise to a call obligation on the part of the Company’s parent company, i.e., Ferrovial Construction International SE, as well as on the part of the Company, the Investment Company or any of the Participants. In the event that the Company receives a contrary position from the Financial Supervisory Commission or does not receive a position from the Financial Supervisory Commission by the expiration of the time limit for the acquisition of Shares, as specified in the relevant Regulations, variable remuneration in the form of cash may be awarded to Participants instead of Shares.
§ 3. Duration of the Incentive Program. The Incentive Program will be implemented in one or more consecutive periods determined by the Supervisory Board, each of which will last no less than three years and which may partially overlap (rolling incentive program).
§ 4. Participants of the Incentive Program
1. Persons eligible to participate in the Incentive Program may be only those who meet the conditions set forth in § 1 sec. 1 and sec. 3 and have obtained the status of Participant as a result of identification carried out by the Management Board (with respect to Participants other than members of the Management Board) and the Supervisory Board (with respect to Participants who are members of the Management Board), in accordance with regulations adopted by the Supervisory Board with respect to Participants who are members of the Management Board and by the Management Board with the approval of the Supervisory Board with respect to Participants other than members of the Management Board, which will set forth the detailed procedure and conditions for implementing the Incentive Program, taking into account the assumptions set forth in this Resolution (the “Regulations”).
2. Members of the Company’s Supervisory Board are not eligible to participate in the Incentive Program.
§ 5 Conditions for granting the right to acquire Shares
1. The detailed conditions for granting Participants the right to purchase Shares will be specified by the Supervisory Board in the Regulations, which will specify in particular: (a) group or individual targets (Key Performance Indicators, KPIs), of a financial or non-financial nature, which should contribute to the implementation of the business strategy, long-term interests, and stability of the Company and the Group; these targets may be set in particular on the basis of the following criteria: (i) EBIT, (ii) cash flow from operating activities (Activity Cash Flow), and (iii) ESG; (b) events resulting in the loss of the right to acquire Shares (so-called “Good Leaver” and “Bad Leaver”).
2. The Supervisory Board has the authority to specify each objective and determine how each objective is to be verified.
§ 6 Maximum number of Shares
1. The total maximum number of Shares that Participants will be entitled to acquire under the Incentive Program is 255,300 (two hundred and fifty-five thousand three hundred) Shares, representing 1% of the Company’s share capital as of the date of this resolution.
2. The total maximum number of Shares that Participants will be entitled to acquire during a given incentive period will be determined by the Supervisory Board prior to the commencement of a given incentive period, provided that the total maximum number of Shares for the first incentive period will be determined by the Supervisory Board after the Regulations are adopted.
3. Shares will be purchased by Participants through an investment firm selected for this purpose. At no stage of the Incentive Program will the Shares be owned or held by the Company and will be credited to the Participants’ securities accounts (investment accounts).
§ 7 Financing of the acquisition of Shares – reserve capital.
1. In order to implement the Incentive Program in accordance with the provisions of Articles 396 § 4 and 5 and Article 345 § 4 of the Commercial Companies Code, the Annual General Meeting resolves to establish a reserve capital in the future for the purpose of financing the acquisition of Shares by the Participants together with the costs of their acquisition from the amount that, pursuant to Article 348 § 1 of the Commercial Companies Code may be allocated for distribution among shareholders, the amount of which shall correspond to the amount needed to finance the acquisition of the Shares referred to in § 6 Section 1 above (the “Reserve Capital”), provided that the amount of the Reserve Capital shall not exceed the sum of: (i) the amount equal to the product of the maximum number of Shares referred to in § 6 Section 1 above and the maximum price of the Shares as determined by the Supervisory Board, and (ii) the amount of the brokerage costs of the investment firm, with the entire amount increased by 5%. To this end, the Annual General Meeting authorizes the Management Board to take all actions to establish the Reserve Capital, including, in particular, to convene a General Meeting to adopt appropriate resolutions on the establishment of the Reserve Capital and to prepare and submit to the General Meeting draft resolutions on the establishment of the Reserve Capital.
2. The General Meeting resolves to allocate funds in the fiscal years 2026, 2027 and 2028, which together will correspond to the value of the Reserve Capital, from the amount that, according to Art. 348 § 1 of the Commercial Companies Code will be available for distribution to shareholders.
3. The General Meeting of Shareholders authorizes the Management Board to take all actions during the term of the Incentive Program to provide the Company’s reserve capitals in an amount that will allow the creation of the Reserve Capital necessary to finance the acquisition of Shares by the Participants together with the costs of their acquisition, in particular to recommend to the General Meeting of Shareholders to retain an appropriate portion of the Company’s profit earned in subsequent fiscal years.
§ 8 Executive authorizations
1. In connection with the implementation of the Incentive Program, the Management Board and the Supervisory Board are authorized to take all actual and legal actions necessary to implement this resolution and to perform all legal and actual actions necessary to implement and carry out the Incentive Program, including, in particular, to adopt the Regulations in accordance with the principles set forth in § 4(1) above and to take all actions described in the Regulations.
2. In connection with the implementation of the Incentive Program, the Management Board is authorized to enter into an agreement with the selected investment firm for the operation of the Incentive Program.
§ 9 Final provisions.
1. The resolution shall enter into force on the date of its adoption.
2. The implementation of the Incentive Program is subject to the adoption of the Rules and Regulations for the given duration of the Incentive Program.
The Chairman stated that the above resolution was adopted by open ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
– total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 13,142,557 /thirteen million one hundred forty-two thousand five hundred fifty-seven/, votes ‘against’ – 6,747,396 /six million seven hundred forty-seven thousand three hundred ninety-six/, votes “abstained” – 582,975 /five hundred eighty-two thousand nine hundred seventy-five/.
Resolution No. 531
of the Annual General Meeting of Budimex S.A. of May 29, 2025 on:
appointment of a member of the Supervisory Board of Budimex S.A.
Pursuant to Article 385 (1) of the Commercial Companies Code as well as § 13 item g) of the Articles of Assosation , the Annual General Meeting of Budimex S.A. decrees as follows:
§ 1 Mr Angel Luis Sanchez Gil is appointed to the Supervisory Board of Budimex S.A. for the eleventh joint term.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted by secret ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 14,946,462 /fourteen million nine hundred forty-six thousand four hundred sixty-two/, votes ‘against’ – 2,769,957 /two million seven hundred sixty-nine thousand nine hundred fifty-seven/, votes “abstained” – 2,756,509 /two million seven hundred fifty-six thousand five hundred nine/.
Resolution No. 532
of the Annual General Meeting of Budimex S.A. of May 29, 2025, regarding:
amendment to section 6(1) of the Articles of Association of Budimex S.A. in connection with the introduction of the Polish Classification of Activities 2025 (PKD 2025).
Pursuant to Article 430 of the Commercial Companies Code as well as § 13 item r) of the Articles of Association of the Company, the following is resolved:
§ 1. In connection with the introduction of the Polish Classification of Activities 2025 (PKD 2025), the § 6 item 1 of the Articles of Association receives the following form:
“The subject of the activity of the Company comprises:
1) Timber harvesting (PKD 02.20),
2) Quarrying of stone, sand, and clay (PKD 08.1),
3) Support activities for other mining and quarrying (PKD 09.9),
4) Manufacture of products from wood, cork, straw, and materials used for weaving (PKD 16.2),
5) Manufacture of plastic doors and windows (PKD 22.23.),
6) Manufacture of plastic products for construction (PKD 22.24.),
7) Processing and finishing of plastic products (PKD 22.25.),
8) Manufacture of other concrete, cement and plaster products (PKD 23.66.),
9) Manufacture of bricks, tiles and construction products, of fired clay (PKD 23.32),
10) Manufacture of cement, lime and plaster (PKD 23.5),
11) Manufacture of concrete, cement and plaster products (PKD 23.6),
12) Manufacture of metal structural components (PKD 25.1),
13) Metal treatment and coating; mechanical treatment of metal components (PKD 25.5),
14) Manufacture of other fabricated metal products (PKD 25.9),
15) Manufacture of other general-purpose machinery n.e.c. (PKD 28.29),
16) Manufacture of metal forming machinery and metalworking machine tools (PKD 28.41),
17) Manufacture of other special-purpose machinery (PKD 28.9),
18) Repair and maintenance of fabricated metal products, machinery, and equipment (PKD 33.1),
19) Installation of industrial machinery, equipment, and fittings (PKD 33.2),
20) Sewerage and sewage treatment (PKD 37.0),
21) Waste collection (PKD 38.1),
22) Waste recovery (PKD 38.2),
23) Waste disposal without recovery (PKD 38.3),
24) Reclamation and other waste management services (PKD 39.0),
25) Construction works related to the erection of residential buildings (PKD 41.00.A),
26) Construction works related to the erection of non-residential buildings (PKD 41.00.B),
27) Works related to the construction of roads and railways (PKD 42.1),
28) Works related to the construction of pipelines, telecommunications and power lines (PKD 42.2),
29) Works related to the construction of other civil engineering structures (PKD 42.9),
30) Demolition and site preparation (PKD 43.1),
31) Installation of electrical, water and sewage systems and other building installations (PKD 43.2),
32) Finishing works (PKD 43.3),
33) Specialized construction works for buildings (PKD 43.4),
34) Specialized construction works in the field of civil engineering (PKD 43.5),
35) Intermediation in the field of specialized construction services (PKD 43.6),
36) Other specialized construction works (PKD 43.9),
37) Other specialized wholesale trade (PKD 46.8),
38) Road transport of goods and moving services (PKD 49.4),
39) Transport support service activities (PKD 52.2),
40) Transport agency activities (PKD 52.3),
41) Hotels and similar accommodation (PKD 55.1),
42) Other accommodation (PKD 55.90.),
43) Telecommunications (PKD 61),
44) Other telecommunications activities (PKD 61.9),
45) Programming, computer consultancy and related activities (PKD 62),
46) Activities of holding companies and companies obtaining financing for other entities (PKD 64.2),
47) Other financial service activities, except insurance and pension funding (PKD 64.9),
48) Buying and selling real estate on own account (PKD 68.11),
49) Construction projects related to the erection of residential buildings (PKD 68.12.A),
50) Construction projects related to the erection of non-residential buildings (PKD 68.12.B),
51) Implementation of other construction projects (PKD 68.12.C),
52) Rental and management of own or leased real estate (PKD 68.20.Z),
53) Activities related to real estate market services performed on commission (PKD 68.3),
54) Accounting and bookkeeping activities; tax advisory services (PKD 69.20),
55) Activities of head offices (PKD 70.10),
56) Business and other management consultancy activities (PKD 70.20),
57) Architectural and engineering activities and related technical consultancy (PKD 71.1),
58) Technical research and analysis (PKD 71.2),
59) Scientific research and development in the field of natural and technical sciences (PKD 72.1),
60) Public relations and communication activities (PKD 73.3),
61) Market and public opinion research (PKD 73.2),
62) Specialized design activities (PKD 74.1),
63) Other professional, scientific, and technical activities not classified elsewhere (PKD 74.9),
64) Renting and leasing of motor vehicles (PKD 77.1),
65) Rental and leasing of other machinery, equipment and tangible goods (PKD 77.3),
66) Leasing of intellectual property and similar products, excluding copyrighted works (PKD 77.4),
67) Activities related to job search and recruitment (PKD 78.1),
68) Security activities not classified elsewhere (PKD 80.09.Z),
69) Services related to the maintenance of buildings and landscaping (PKD 81),
70) Activities related to office administration, including support activities (PKD 82.1),
71) Other forms of education (PKD 85.5),
72) Activities supporting education (85.6),
73) Repair and maintenance of computers and (tele)communication equipment (PKD 95.1).
§ 2. In connection with the amendments to the Articles of Association introduced in § 1 of this resolution, the consolidated text of the Articles of Association incorporating these amendments, which is included in the appendix to this resolution, is hereby adopted. The attachment constitutes an integral part of this resolution. The resolution shall enter into force on the date of registration of the amendments to the Articles of Association introduced on the basis of this resolution in the National Court Register.
Attachments: Consolidated text of the Articles of Association of Budimex S.A.
The Chairman stated that the above resolution was adopted by open ballot, with:
- the number of shares from which valid votes were cast – 20,472,928 (twenty million four hundred seventy-two thousand nine hundred twenty-eight) shares (i.e., 80.19% /eighty point nineteen percent/ of the share capital),
- total number of valid votes – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/ votes,
- votes “for” – 20,472,928 /twenty million four hundred seventy-two thousand nine hundred twenty-eight/, votes ‘against’ – 0 /zero/, votes “abstained” – 0 /zero/.
