Notice convening the Extraordinary General Meeting
BUDIMEX S.A. with its registered office in Warsaw 01-204, Siedmiogrodzka 9, entered in the Register of Entrepreneurs kept by the District Court for the Capital City of Warsaw in Warsaw, 13th Division of the National Court Register under number 1764, with the share capital of PLN 127,650,490, fully paid-up, Tax Identification Number (NIP) 526 10 03 187, to convene the Extraordinary General Meeting (hereinafter referred to as the EGM) on 30 September 2025 at 10.00 a.m. at the Company’s registered office in Warsaw Siedmiogrodzka 9 (3rd floor, room 3.01, part of the building to the left of the reception area). The agenda is the following:
1. Opening of the Extraordinary General Meeting.
2. Election of the Chairperson of the Extraordinary General Meeting.
3. Confirmation of the correctness of convening the Extraordinary General Meeting and its ability to adopt resolutions.
4. Election of the Ballot Counting Committee.
5. Adoption of the agenda.
6. Presentation of the recommendation of the Audit Committee of the Supervisory Board of Budimex S.A. on the selection of an auditor for the certification of the sustainability reporting of the Budimex Group for the years 2025 and 2026.
7. Adoption of resolutions regarding:
7.1. selection of an auditor for the certification of the sustainability reporting of the Budimex Group for the years 2025-2026,
7.2. amendments to § 16 section 9 letter h of the Articles of Association of Budimex S.A. and the adoption of the consolidated text of the Articles of Association.
8. Closing of the meeting.
Acting on the basis of Article 402 [2] of the Code of Commercial Partnerships and Companies, the Management Board of Budimex S.A. hereby informs the shareholders of the procedures to be followed in connection with the EGM with regard to participation in the EGM and the exercise of voting rights:
1. Shareholder’s right to request the inclusion of specific items on the agenda of the EGM:
A shareholder or shareholders representing at least one-twentieth of the share capital may request the inclusion of certain matters on the agenda of the EGM. The request should be submitted to the Management Board no later than twenty-one days before the scheduled date of the EGM. The request should include a justification or a draft resolution concerning the proposed agenda item. The request may be submitted in writing at the registered office of the Company (address: Budimex S.A., ul. Siedmiogrodzka 9, 01-204 Warsaw) or in electronic form to the e-mail address
walnezgromadzenie@budimex.pl.
The request must be accompanied by documents proving entitlement to make the request, which means that the shareholder(s) referred to in the first paragraph of this section should demonstrate ownership of the relevant number of shares as of the date of the request by attaching, for example, a registered deposit certificate. In the case of natural persons, a copy of the shareholder’s identification document (copy of identity card, passport or other document allowing the shareholder to be identified) should be attached. In the case of entities other than natural persons, an extract from the relevant register must be attached.
The Management Board will promptly, but no later than eighteen days prior to the scheduled date of the EGM, announce on its website and in the form of a current report, the changes to the agenda introduced at the shareholders’ request.
Pursuant to rule 4.6, second sentence, of the Code of Best Practice for WSE Listed Companies 2021 (‘DPSN 2021’), the Management Board will request the shareholder(s) to provide a justification for the proposed resolution, insofar as this has not been previously provided by them.
2. Shareholder’s right to submit draft resolutions concerning issues included in the agenda of the EGM or issues to be introduced to the agenda before the date of the EGM:
A shareholder or shareholders representing at least one-twentieth of the share capital may, prior to the date of the EGM, submit to the Company in writing to its registered office (address: Budimex S.A., ul. Siedmiogrodzka 9, 01-204 Warsaw) or by means of electronic communication (the aforementioned e-mail address walnezgromadzenie@budimex.pl) draft resolutions concerning the issues on the agenda of the EGM or the issues to be put on the agenda. The Company will promptly publish the draft resolutions on its website.
The draft resolutions must be accompanied by documents proving entitlement of the shareholder or shareholders to make the request, which means that the shareholder(s) referred to in the first paragraph of this section should demonstrate ownership of the relevant number of shares as of the date of the request by attaching, for example, a registered deposit certificate. In the case of natural persons, a copy of the shareholder’s identification document (copy of identity card, passport or other document allowing the shareholder to be identified) should be attached. In the case of entities other than natural persons, an extract from the relevant register must be attached.
Pursuant to Rule 4.6. and 4.8. of the DPSN 2021, the draft resolution and the reasons for it concerning issues included in the agenda should be presented by the shareholder(s) at least 3 days prior to the EGM in order to facilitate voting on the resolutions with due deliberation to the shareholders attending the EGM.
3. Shareholder’s right to propose draft resolutions concerning the matters placed on the agenda during the EGM:
Each shareholder may propose draft resolutions concerning the matters placed on the agenda at the EGM.
4. The manner of exercising voting rights by proxy, including in particular the forms to be used when voting by proxy and the manner of notifying the Company by means of electronic communication of the appointment of a proxy:
A shareholder will be able to attend the EGM and exercise the voting right in person (in this case, natural persons should present documents confirming their identity, e.g. identity card, passport; representatives of shareholders other than natural persons should present current copies from the relevant registers listing the persons authorised to represent these entities who will appear at the EGM as representatives of these shareholders) or by proxy.
A proxy at the EGM may be in particular a member of the Management Board, a member of the Supervisory Board, an employee of Budimex S.A. or a member of the bodies or an employee of a subsidiary company of Budimex S.A. In such a case, the proxy may authorise representation only at one General Meeting and the granting of further proxies is excluded. The proxy is obliged to disclose to the shareholder the circumstances indicating the existence or possibility of a conflict of interest. Such proxy shall vote in accordance with the instructions given by the shareholder.
A shareholder may not vote, either in person or by proxy, on resolutions concerning his/her liability to the Company for any reason, including a vote of approval for the performance of his/her duties, release from liability to the Company and a dispute between him/her and the Company.
A shareholder may vote as a proxy on the adoption of the resolutions relating to him/her or her referred to in the preceding sentence. In this case, the rules described in the preceding paragraph shall apply accordingly.
A proxy shall exercise all the rights of a shareholder at the EGM unless otherwise stated in the proxy.
A proxy may grant a further proxy if this results from the content of the proxy, which – as indicated above – does not apply if the proxy is a member of the Management Board, a member of the Supervisory Board, an employee of Budimex S.A. or a member of the bodies or an employee of a subsidiary company of Budimex S.A.
A proxy may represent more than one shareholder and vote the shares of each shareholder differently.
A shareholder with shares registered in an omnibus account may appoint separate proxies to exercise the rights attached to the shares registered in that account.
A shareholder with shares registered in more than one securities account may appoint separate proxies to exercise the rights of the shares credited to each of the accounts.
A proxy to attend the EGM and exercise voting rights must be given in writing or in electronic form by sending a proxy to the e-mail address
walnezgromadzenie@budimex.pl.
If a power of proxy is granted in writing, the proxy should present, prior to the commencement of the EGM, the original power of proxy together with documents confirming the authority of the persons signing the power of proxy to grant it and – in the case of a sequence of powers of proxy – together with documents confirming the authority of the persons signing the powers of proxy to grant subsequent powers of proxy (e.g. extracts from relevant registers, identity documents, subsequent powers of proxy).
The granting of a power of proxy in electronic form does not require a qualified electronic signature.
The electronic power of proxy should be formulated in a separate document signed by the shareholder or a person authorised to represent the shareholder, sent as a PDF attachment not protected by a password to the e-mail address walnezgromadzenie@budimex.pl. Obligatory together with the electronic power of proxy should be sent documents confirming the right of a given shareholder to participate in the Annual General Meeting, as well as relevant documents (identity card, passport, current excerpt from the relevant register, a sequence of powers of attorney – as in the case of a power of proxy granted in writing – principles described above) confirming the right of the person signing the power of proxy to represent the shareholder. The notice of granting the power of proxy should include the shareholder’s telephone number and e-mail address, as well as the telephone number and e-mail address of the proxy, through which Budimex S.A. will be able to communicate with the shareholder and the proxy.
Pursuant to Article 412[1] § 5 of the Code of Commercial Partnerships and Companies Budimex S.A. will take appropriate measures to identify the shareholder and the proxy in order to verify the validity of the proxy granted in electronic form. Consequently, before sending the power of attorney in electronic form to the address indicated above, shareholders of Budimex S.A. should take action in accordance with point 14 below, and, in addition, a proxy sent in electronic form must be delivered to the above-mentioned e-mail address no later than by 3 p.m. on 29 September 2025 (i.e. be in Budimex S.A.’s inbox).
The above rules concerning the granting of a power of attorney in writing or in electronic form shall apply accordingly in the event of revocation of the power of attorney.
Sending the aforementioned documents to the aforementioned e-mail address does not release the proxy from the obligation to present, when preparing the attendance list of shareholders entitled to participate in the EGM, documents for his/her identification.
Budimex S.A. stipulates that in case of any doubts, it may request before the beginning of the Annual General Meeting of Shareholders to present the originals of the said documents or their copies certified by a notary public or any other entity authorized to certify their conformity with the originals. If they are not produced, the proxy may not be allowed to participate in the EGM.
The forms referred to in Article 402 [2](2)(d) of the Code of Commercial Partnerships and Companies are available on the Company’s website in the tab About us, Corporate Governance, the General Meeting in part EGM 2025 from the date of convening the EGM. Budimex S.A. is not obliged to control whether proxies exercise their voting rights in accordance with the instructions they have received from their principals who are shareholders, including those contained in the above forms.
5. Pursuant to 402[2].2(e) – (g) of the Code of Commercial Partnerships and Companies, in conjunction with Art. 406[5] § 1 of the Code of Commercial Partnerships and Companies and Art. 411[1] § 1 of the Code of Commercial Partnerships and Companies, The Management Board of Budimex S.A. informs that it will not be possible to: (i) participate in the EGM using electronic means of communication, in particular it will not be possible to have real-time bilateral communication whereby it would be possible to speak in the course of the General Meeting while being in a different location than the venue of the EGM, and it will not be possible to exercise the right to vote personally or by proxy before or during the General Meeting using electronic means of communication, (ii) exercise the right to vote by correspondence (the Rules of Procedure of the General Meeting of Budimex S. A. does not provide for the possibility to cast votes at the General Meeting by mail).
6. Shareholder’s right to ask questions regarding the matters on the agenda of the EGM:
A shareholder has the right to ask questions regarding matters on the agenda of the EGM.
A shareholder’s question including a request for information concerning the Company may be presented during the EGM if such request is justified for the evaluation of a matter on the agenda. The Management Board of the Company may provide information in writing outside the EGM if there are good reasons for doing so, but the information shall be provided no later than within two weeks of the request being made during the EGM.
An answer shall be deemed to have been given if the relevant information is available on the Company’s website in the space set aside for shareholders’ questions and answers.
The Management Board shall refuse to provide information if this could cause damage to the Company, a sister company or a subsidiary, in particular by revealing technical, commercial or organisational secrets of the company. A member of the Management Board may refuse to provide information if the provision of such information could constitute grounds for his criminal, civil or administrative liability.
7. Voting on resolutions adopted at the EGM shall be by wireless remote control. Persons entitled to participate in the EGM are requested to to register and collect their voting remotes directly in front of the meeting room one hour before the start of the meeting.
8. The date of 14 September 2025 is the record date for participation in the EGM (the ‘Record Date’). Only persons who are shareholders of Budimex S.A. on the Record Date have the right to participate in the EGM (Article 406 [1] para. 1 of the Code of Commercial Partnerships and Companies). The Record Date is uniform for those entitled from bearer shares and registered shares. Pledgees and users with voting rights have the right to participate in the EGM if the establishment of a limited right in rem in their favour is registered in the securities account on the Record Date.
9. At the request of a person entitled from Budimex S.A.’s shares and a pledgee or user with voting rights, submitted not earlier than after the announcement of convening the EGM and not later than on the first weekday after the Record Date, the entity maintaining the securities account shall issue a registered certificate of the right to participate in the EGM. At the request of a shareholder, pledgee or user, part of or all the shares registered in the securities account should be indicated in the certificate. The certificate shall contain:
1) the corporate name (name), registered office, address and stamp of the issuer and the certificate number;
2) the number of shares;
3) a separate share designation (code) as referred to in Article 55 of the Act on Trading in Financial Instruments of 29 July 2005;
4) the corporate name, registered office and address of the Budimex S.A;
5) the nominal value of the shares;
6) first and last name or corporate name (name) of the share beneficiary, pledgee or user;
7) registered office (place of residence) and address of the shareholder, pledgee or user;
8) the purpose for which the certificate was issued;
9) a reference to who has the right to vote attached to the shares;
10) date and place of issue of the certificate;
11) the signature of the person authorised to issue the certificate.
10. The list of shareholders entitled to participate in the EGM will be displayed for shareholders’ inspection three business days before the EGM at the registered office of Budimex S.A. in Warsaw at Siedmiogrodzka 9, floor 8, room 8.08 (Thursday from 9.00 am to 4.00 pm, Friday from 9.00 a.m. to 2.00 p.m., Monday from 9.00 am to 4.00 pm). A shareholder may request that the list of shareholders be sent to him/her free of charge to the electronic mail address or by e- mail, stating the address to which the list should be sent. Shareholders are advised to collect the issued certificate of the right to participate in the EGM and to check
whether the shareholder is included in the list of shareholders entitled to participate in the EGM.
11. The full text of the documentation to be presented at the EGM and draft resolutions are available to persons entitled to participate in the EGM from the date of the announcement of the convocation of the EGM at the registered office of Budimex S.A. in Warsaw at Siedmiogrodzka 9, floor 8, room 8.08, from Monday to Thursday from 9.00 am to 4.00 pm, on Friday from 9.00 am to 2.00 pm, as well as on the Company’s website (www.budimex.pl in particular in the tab About us, Corporate Governance, General Meeting of Budimex S.A. in part EGM 2025).
Documents corresponding in content to the report of the Management Board on the Company’s activities, the financial statements, the report of the Supervisory Board and the audit report will be issued to the shareholder upon his/her request, which may be made counting from the date of convening the EGM. The Company shall make the aforementioned documents available immediately, no later than within two business days of the date of the request. At the shareholder’s request, the documents will be made available in electronic form, including by means of electronic communication.
12. The address of the website where information concerning the EGM is made available is www.budimex.pl.
13. The proceedings of the EGM will be broadcasted using the Internet at the special address indicated on the Budimex S.A. website. (www.budimex.pl).
14. In all the aforementioned cases, before a shareholder uses the e-mail address in connection with the EGM
walnezgromadzenie@budimex.pl
the shareholder shall deliver to the Company at its registered office in Warsaw, Siedmiogrodzka 9, a statement bearing his/her own signature or the signature of a person authorised to represent the shareholder, indicating the e-mail address from which messages will be sent to the above-mentioned Company e-mail address. It is obligatory to deliver documents confirming that one is in fact a shareholder of the Company, as well as relevant documents (current excerpt from the appropriate register) confirming the right of the person signing the statement to represent the shareholder. In the event of a breach of the obligation referred to in this item 14, messages and statements sent to the aforementioned e-mail address of Budimex S.A. will not be taken into account.
Documents sent to the aforementioned e-mail address should be sent in pdf format in Polish or with a sworn translation into Polish. The risk of using the above-mentioned electronic form of communication lies with the shareholder.
15. Information on the processing of personal data is available on the Budimex S.A.
website at
https://budimex.pl/kontrahenci/bezpieczenstwo-informacji-i-ochrona-danych- osobowych/rodo/obowiazek-informacyjny-dla-uczestnikow-walnego-zgromadzenia/
or in the form of a pdf file on the website www.budimex.pl under the tab About us, Corporate governance, General Meeting in part EGM 2025 point Information obligation of Budimex S.A.
Management Board of Budimex S.A.