Current reports
The Management Board of Budimex S.A. announces that on 28.06.2024. PKP Polskie Linie Kolejowe S.A. informed the Company that its bid had been rated the highest in the tender procedure for the Implementation of the task entitled: Section A – Construction works on railway lines No. 201 section Kościerzyna – Somonino and No. 214 Somonino – Kartuzy implemented as part of the project “Works on the alternative transport route Bydgoszcz – Tricity”.
The above does not mean selecting the bid of Budimex S.A. as the most advantageous one, as the procedure concerning the bid evaluation has not yet been finally completed.
Offer value: PLN 1,284,235,699.12 net
Basic order part A:
Net price: 1 158 734 402,53 PLN
Gross price: 1 425 243 315,11 PLN
Basic order part B:
Net price: 117 121 919,95 PLN
Gross price: 144 059 961,54 PLN
Option No. 1:
Net price: 5 555 037,24 PLN
Gross price: 6 832 695,81 PLN
Option No. 2:
Net price: 2 824 339,40 PLN
Gross price: 3 473 937,46 PLN
Works commencement date: the day following the date of signing the contract
Works completion date:
1) Implementation period for the Basic Order (Time for Completion): 42 months from the Commencement Date
2) Implementation period for Option 1: 108 months from the date of expiry of the Defect Reporting Period for the Basic Scope
3) Implementation period for Option 2: specified by the Ordering Party in the statement on using Option 2, but no later than by the date of expiry of the Defect Reporting Period for the Basic Order, and if the Ordering Party uses Option 1 – until its completion.
Warranty period: 72 months
Warranty period: 72 months
Advance payment: no more than 10% of the Accepted Contract Amount for the Basic Scope
Payment terms: 30 days from the date of delivery of a correctly issued VAT invoice to the Ordering Party by
Contractor
Bank performance bond: 5% of the total gross price for the Basic Scope specified in the bid less the gross costs of replacement transport services, subject to the provisions of item 21 of the Instructions for Contractors (IDW).
The maximum value of the contractual penalty paid by the Contractor:
The total amount of penalties charged in this Sub-Clause shall not exceed 20% of the net value of the Works in respect of Part A of the Basic Scope, with a stipulation that if the contractual penalty referred to in item t) (penalty for withdrawal from the Contract for reasons attributable to the Contractor) has been charged, the total amount of penalties charged shall not exceed 30% of the net value of the Works in respect of Part A of the Basic Scope.
Other contractual conditions do not deviate from market standards.
The value of the offering exceeds the threshold of 196,030 thousand. PLN net.
The Management Board of Budimex S.A. announces that on 20 June 2024 an agreement was concluded between the General Directorate for National Roads and Motorways, Szczecin Branch, and Budimex SA for the task: “Construction of the S10 Szczecin – Piła road on the section from the end of the Stargard bypass to the beginning of the Piła bypass (with the “Koszyce” junction) excluding the Wałcz bypass, section 5, the “Cybowo” junction (with the junction) – the Łowicz Wałecki junction (without the junction)”.
The information that Budimex SA’s bid was rated the highest and selected as the most advantageous was provided on 19 February 2024 in current report No. 13/2024 and on 13 March 2024 in current report No. 22/2024.
Contract value: PLN 492,089,901.00 net
Date of commencement of works: from the date of signing the contract
Date of completion of works: 39 months from the Commencement Date, winter periods are not included.
The winter period lasts from December 16 to March 15, counted as three months
Warranty period for major works: up to 15 years
Warranty period: 60 months from the date indicated in the Takeover Certificate
Down payment: up to 10% of the Accepted Gross Contract Amount
Payment terms: 30 days from the date of delivery of a correctly issued VAT invoice to the Ordering Party by
Artist
Performance bank guarantee: 10% of the Accepted Gross Contract Amount
Maximum value of contractual penalty paid by the Contractor: 20% of the Accepted Net Contract Amount
The contracting authority has the right to seek compensation on general terms if the amount of damage exceeds the agreed contractual penalty.
Other contractual conditions do not deviate from market standards.
The value of the contract exceeds the threshold of PLN 196,030 thousand. PLN net.
The Management Board of Budimex S.A. announces that on 2024-05-31 the Consortium consisting of Budimex S.A. (Consortium Leader, 50% share), Roverpol Sp. z o.o. (Consortium Partner, 25% share) and Rover Maritime S.L. (Consortium Partner, 25% share) was informed by the Port of Gdynia Authority S.A. and the Director of the Maritime Office in Gdynia that its offer had been selected as the most advantageous in the tender procedure entitled “A 25% stake”. “Construction of protective breakwaters, constituting water access infrastructure to the Outer Port in the Port of Gdynia, in the design and build formula”.
The information that the Consortium’s offer was evaluated the highest in the tender procedure was published on 25.03.2024. in current report No. 27/2024.
Value of the offer submitted by the Consortium: PLN 438,699,534.11 net
Contract commencement date: the date of conclusion of the contract by the Parties
The deadline for the performance of the Subject of the Order is set at:
1) Design works along with obtaining a building permit up to 490 days from the date of signing the Agreement,
2) Construction works with obtaining an occupancy permit up to 819 days from the date of obtaining the building permit.
Warranty period: warranty for defects for the Works performed within the Subject of the Order for all defects arising from reasons for which the Contractor is responsible – 10 years
Advance payment: 10% of gross salary
Payment terms: up to 30 days from the date of delivery to the Ordering Party of VAT invoices issued on the basis of the material and financial advancement of the Works carried out
Bank guarantee of good performance: 5% of the gross price
Maximum value of contractual penalties paid by the Contractor: 20% of gross remuneration
The Ordering Party has the right to claim damages, the value of which exceeds the amount of stipulated contractual penalties on general terms.
Other contractual conditions do not deviate from market standards.
The value of the offering exceeds the threshold of 196,030 thousand. PLN net.
The Management Board of Budimex S.A. announces that on 24.05.2024 an agreement was concluded between the General Directorate for National Roads and Motorways, Szczecin Branch, and Budimex S.A. in the tender procedure entitled “Szczecin”. “Construction of the S10 Szczecin – Piła road on the section end of the Stargard bypass – the beginning of the Piła bypass (with the “Koszyce” junction) excluding the Wałcz bypass, section 7, the “Piecnik” junction (with the junction) – the “Wałcz Zachód” junction (without the junction)”.
Information that our offer was rated the highest in the tender procedure
and selected as the most advantageous were published on 19.02.2024. in current report No. 15/2024 and on 13.03.2024. in current report No. 25/2024.
Contract value: PLN 448,960,288.00 net
Date of commencement of works: from the date of conclusion of the contract by both parties
Date of completion of works: 39 months from the date of conclusion of the contract (winter periods are not included in the time of completion of works)
Warranty period for major works: up to 15 years
Warranty period: 60 months from the date indicated in the Takeover Certificate
Down payment: from 1% to 10% of the Accepted Gross Contract Amount
Payment terms: up to 30 days from the date of delivery to the Ordering Party of VAT invoices issued for the amounts certified in the Payment Certificates
Performance bank guarantee: 10% of the Accepted Gross Contract Amount
Maximum value of contractual penalty paid by the Contractor: 20% of the Accepted Net Contract Amount
The Ordering Party reserves the right to demand supplementary compensation transferring the amount of contractual penalties to the amount of the actual damage suffered, arising or likely to arise in connection with non-performance or improper performance of the contract by the Contractor.
Other contractual conditions do not deviate from market standards.
The value of the contract exceeds the threshold of PLN 196,030 thousand. PLN net.
Shareholders holding at least 5% of votes at the Ordinary General Meeting of Budimex S.A. of 23 May 2024
- Shareholder ALLANZ POLSKA OTWARTY FUNDUSZ EMERYTALNY 1 Rodziny Hiszpańskich Street, 02-685 WARSAW. Number of votes 2,085,000. Percentage share in the number of votes at the Annual General Meeting of 23.05.20249.85 %. Percentage share in the total number of votes: 8.17 %
- Shareholder NATIONALENEDERLANDEN OTWARTY FUNDUSZ EMERYTALNY 12 Topiel Street, 00-342 WARSAW, PL. Number of votes 2,399,223. Percentage share in the number of votes at the Annual General Meeting of 23.05.202411.33%. Percentage share in the total number of votes: 9.39 %.
- Shareholder FERROVIAL CONSTRUCTION INTERNATIONAL SE KINGSFORDWEG 151, 1043 GR AMSTERDAM, THE NETHERLANDS. Number of votes 12,801,654. Percentage share in the number of votes at the Annual General Meeting of 23.05.2024 60.45%. Percentage share in the total number of votes: 50.14%.
The Management Board of Budimex S.A. hereby publishes the resolutions on the agenda of the Ordinary General Meeting of Budimex S.A. held on 23 May 2024:
Resolution of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: election of the Chairman of the Ordinary General Meeting
The Ordinary General Meeting of Budimex S.A. adopts a resolution with the following wording:
§ 1. The Annual General Meeting appoints Mr. Andrzej Leganowicz as the 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 in a secret ballot, where:
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes “against” – 0 /zero/, votes “abstaining” – 0 /zero/.
Resolution of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: election of the Ballot Counting Committee
The Ordinary General Meeting of Budimex S.A. adopts a resolution with the following wording:
§ 1. The Ordinary General Meeting appoints the Ballot Counting Committee composed of:
1. Ms. 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 in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/, votes “against” – 0 /zero/, votes “abstaining” – 0 /zero/.
Resolution of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024 on: adoption of the agenda
The Ordinary General Meeting of Budimex S.A. adopts a resolution with the following wording:
§1. The Ordinary General Meeting of Budimex S.A. adopts the following agenda:
- Opening of the Annual General Meeting.
- Election of the Chairman of the Annual General Meeting.
- Confirmation of the correctness of convening the Annual General Meeting and its ability to adopt resolutions.
- Election of the Ballot Counting Committee.
- Adoption of the agenda.
- Presentation and consideration of the report on the activities of the Budimex Group and Budimex S.A. for 2023, the financial statements of Budimex S.A. for the year ended 31 December 2023 together with the report on the audit of the annual financial statements of Budimex S.A. for the year ended 31 December 2023 and the consolidated financial statements of the Budimex Group for the year ended 31 December 2023 together with the report on the audit of the annual consolidated financial statements for the year ended December 31, 2023.
- Presentation and consideration of the report on non-financial information of Budimex S.A. for 2023 and the report on non-financial information of the Budimex Group for 2023.
- Presentation of the Supervisory Board’s report on the remuneration of members of the Management Board and the Supervisory Board for 2023.
- Presentation and consideration of the report of the Supervisory Board of Budimex S.A., containing the results of the assessment of the Management Board’s reports on the activities and financial statements for the financial year 2023 and the Management Board’s proposal regarding the distribution of profit, as well as the assessment of the Company’s standing.
- Presentation of the draft remuneration policy for members of the Management Board and Supervisory Board of Budimex S.A. together with the recommendation of the Company’s Supervisory Board regarding its adoption by the Ordinary General Meeting.
- Adoption of resolutions on:
11.1 consideration and approval of the report on the activities of the Budimex Group and Budimex S.A. for 2023,
11.2 consideration and approval of the report on non-financial information of Budimex S.A. for 2023,
11.3 consideration and approval of the report on non-financial information of the Budimex Group for 2023,
11.4 review and approval of the financial statements of Budimex S.A. for the year ended 31 December 2023,
11.5 review and approval of the consolidated financial statements of the Budimex Group for the year ended 31 December 2023,
11.6. distribution of profit for 2023,
11.7 granting discharge to members of the Management Board of Budimex S.A. for the performance of their duties in 2023,
11.8 consideration and approval of the report on the activities of the Supervisory Board of Budimex S.A. for 2023,
11.9 giving an opinion on the report of the Supervisory Board of Budimex S.A. on the remuneration of members of the Management Board and the Supervisory Board of the Company,
11.10 granting discharge to members of the Supervisory Board for the performance of their duties in 2023,
11.11 adoption of the remuneration policy for members of the Management Board and Supervisory Board of Budimex S.A.
- Closing of the General Meeting.
§2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in an open vote, whereby:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/, votes “against” – 0 /zero/, votes “abstaining” – 0 /zero/.
Resolution No. 482
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: consideration and approval of the report on the activities of the Budimex Group and Budimex S.A. for 2023
Pursuant to Art. 395 § 2 point 1 in conjunction with Art. 393 item 1 of the Commercial Companies Code and § 13 letter a) of the Company’s Articles of Association – Ordinary General Meeting of Budimex S.A.resolves as follows:
§ 1. The report on the activities of the Budimex Group and Budimex S.A. for 2023 is approved, after prior consideration.
§ 2. The resolution shall enter into force on the date of its adoption.
Attachments:
Appendix No. 1 – Report on the activities of the Budimex Group and Budimex S.A. for 2023 presented for inspection during the Ordinary General Meeting, published on 10 April 2024 in the annual report for 2023 and on the website of Budimex S.A.
The Chairman stated that the above resolution was adopted in an open vote, whereby:
– number of shares from which valid votes were cast 21,176,193 /twenty jedenhttps://inwestor.budimex.pl/wp-content/uploads/2023/03/2022_Grupa-Budimex_Skonsolidowany-raport-roczny.zip million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,172,211 /twenty-one million one hundred seventy-two thousand two hundred eleven/, votes “against” – 0 /zero/, votes “abstaining” – 3,982 /three thousand nine hundred eighty-two/.
Resolution No. 483
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: consideration and approval of the report on non-financial information of Budimex S.A. for 2023
Pursuant to Art. 395 § 2 point 1 of the Commercial Companies Code in conjunction with Art. 49b sec. 1 and 9 of the Accounting Act and § 13 letter a) of the Company’s Articles of Association The Ordinary General Meeting of Budimex S.A. resolves as follows:
§1. The report on non-financial information of Budimex S.A. for 2023 is approved, subject to prior consideration.
§2. The resolution shall enter into force on the date of its adoption.
Attachments:
Appendix No. 1 – Report on non-financial information of Budimex S.A. for 2023 presented for inspection during the Ordinary General Meeting, published on 10 April 2024 in the annual report for 2023 and on the website of Budimex S.A.
The Chairman stated that the above resolution was adopted in an open vote, whereby:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,172,211 /twenty-one million one hundred seventy-two thousand two hundred eleven/, votes “against” – 0 /zero/, votes “abstaining” – 3,982 /three thousand nine hundred eighty-two/.
Resolution No. 484
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: consideration and approval of the report on non-financial information of the Budimex Group for 2023
Pursuant to Art. 395 § 2 point 1 of the Commercial Companies Code in conjunction with Art. 49b sec. 1 and 9 of the Accounting Act and § 13 letter a) of the Company’s Articles of Association The Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The report on non-financial information of the Budimex Group for 2023 is approved, after prior consideration.
§ 2. The resolution shall enter into force on the date of its adoption.
Attachments:
The Chairman stated that the above resolution was adopted in an open vote, whereby:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,172,211 /twenty-one million one hundred seventy-two thousand two hundred eleven/, votes “against” – 0 /zero/, votes “abstaining” – 3,982 /three thousand nine hundred eighty-two/.
Resolution No. 485
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: consideration and approval of the financial statements of Budimex S.A. for the year ended 31 December 2023
Pursuant to Art. 395 § 2 point 1 in conjunction with Art. 393 item 1 of the Commercial Companies Code and Art. 53 sec. 1 of the Act of 29 September 1994. on accounting, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The Company’s financial statements for the year ended December 31, 2023 are hereby approved, subject to prior consideration. The financial statements include:
1. the statement of financial position prepared as at 31 December 2023, which on the assets side, as well as equity and liabilities, shows the amount of PLN 7,349,333 thousand (seven billion three hundred forty-nine million three hundred thirty-three thousand zlotys),
2. profit and loss account for the period from January 1st 2023 to December 31st 2023, showing a net profit of PLN 749,569 thousand (seven hundred and forty-nine million five hundred and sixty-nine thousand zlotys),
3. the statement of comprehensive income for the period from January 1st 2023 to December 31st 2023, showing total comprehensive income of PLN 746,971 thousand (seven hundred forty-six million nine hundred seventy-one thousand zlotys),
4. the statement of changes in equity for the period from January 1st 2023 to December 31st 2023, showing an increase in equity of PLN 287,685 thousand (two hundred eighty-seven million six hundred eighty-five thousand),
5. statement of cash flows for the period from January 1st 2023 to December 31st 2023, showing an increase in cash and cash of PLN 650,242 thousand (six hundred fifty million two hundred and forty-two thousand zlotys),
6. Additional information and explanations.
The financial statements of Budimex SA for the year ended 31 December 2023 have been audited by an independent statutory auditor and positively assessed 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 31 December 2023 and Report on the audit of the annual financial statements of Budimex S.A. for the year ended 31 December 2023, presented for inspection during the Ordinary General Meeting, published on 10 April 2024 in the annual report for 2023 and on the website of Budimex S.A.
The Chairman stated that the above resolution was adopted in an open vote, whereby:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,171,036 /twenty-one million one hundred seventy-one thousand thirty-six/, votes “against” – 1,175 /one thousand one hundred seventy-five/, “abstentions” – 3,982 /three thousand nine hundred eighty-two/.
Resolution No. 486
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: consideration and approval of the consolidated financial statements for the year ended 31 December 2023
Pursuant to Art. 395 § 5 of the Commercial Companies Code and Art. 63c sec. 4 of the Act of 29 September 1994. on accounting, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The consolidated financial statements of the Budimex Group for the year ended 31 December 2023 are hereby approved. The consolidated financial statements include:
1. consolidated statement of financial position prepared as at December 31st 2023, which on the assets side, as well as equity and liabilities, shows PLN 8,418,241 thousand (eight billion four hundred and eighteen million two hundred and forty-one thousand zlotys),
2. consolidated income statement for the period from 1 January 2023 to 31 December 2023, showing a net profit of PLN 746,065 thousand (seven hundred forty-six million sixty-five thousand zlotys),
3. consolidated statement of comprehensive income for the period from January 1st 2023 to December 31st 2023, showing total comprehensive income of PLN 739,586 thousand (seven hundred thirty-nine million five hundred eighty-six thousand zlotys),
4. consolidated statement of changes in equity for the period from January 1, 2023 to December 31, 2023, showing an increase in equity in the amount of PLN 270,843 thousand (two hundred seventy million eight hundred forty-three thousand zlotys),
5. consolidated statement of cash flows for the period from January 1st 2023 to December 31st 2023, showing an increase in cash and cash of PLN 656,484 thousand (six hundred fifty-six million four hundred eighty-four thousand zlotys),
6. Additional information and explanations.
The consolidated financial statements of the Budimex Group have been audited by an independent statutory auditor and have received a positive opinion from the Supervisory Board of Budimex S.A.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in an open vote, whereby:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,171,036 /twenty-one million one hundred seventy-one thousand thirty-six/, votes “against” – 1,175 /one thousand one hundred seventy-five/, “abstentions” – 3,982 /three thousand nine hundred eighty-two/.
Resolution No. 487
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: distribution of profit for 2023
Pursuant to Art. 395 § 2 point 2 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. Net profit for the period from January 1, 2023 to December 31, 2023 in the amount of PLN 749,569,174.76 (in words: seven hundred forty-nine million five hundred sixty-nine thousand one hundred seventy-four zlotys and seventy-six groszy) increased by a part of the supplementary capital created from profits from previous years in the amount of PLN 161,600,022.86 (in words: one hundred sixty-one million six hundred thousand twenty-two zlotys and eighty-six groszy), which gives the total amount of PLN 911,169,197.62 (in words: nine hundred eleven million one hundred sixty-nine thousand one hundred ninety-seven zlotys and sixty-two grosze), it is decided to allocate PLN 35.69 gross (in words: thirty-five zlotys and sixty-nine groszy) per share for the payment of dividend.
§ 2. 1. The list of shareholders entitled to dividend for 2023 is set at 29 May 2024 (dividend date).
2. The dividend payment date is set for June 6, 2024.
§ 3. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in an open vote, whereby:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/, votes “against” – 0 /zero/, votes “abstaining” – 0 /zero/.
Resolution No. 488
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to the President of the Management Board of Budimex S.A. – Mr Artur Popko, on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. With a positive assessment of the Company’s operations in 2023, at the request of the Supervisory Board, the President of the Management Board of Budimex S.A., Mr Artur Popko, is granted discharge in respect of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,168,695 /twenty-one million one hundred sixty-eight thousand six hundred ninety-five/, votes “against” – 239 /two hundred thirty-nine/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 489
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to the Member of the Management Board of Budimex S.A. – Mr Jacek Daniewski, on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. With a positive assessment of the Company’s operations in 2023, at the request of the Supervisory Board, a discharge is granted to the Member of the Management Board of Budimex S.A., Mr Jacek Daniewski, on account of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,168,695 /twenty-one million one hundred sixty-eight thousand six hundred ninety-five/, votes “against” – 239 /two hundred thirty-nine/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 490
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to the Member of the Management Board of Budimex S.A. – Mr Marcin Węgłowski, on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. With a positive assessment of the Company’s operations in 2023, at the request of the Supervisory Board, a discharge is granted to the Member of the Management Board of Budimex S.A., Mr Marcin Węgłowski, on account of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,168,695 /twenty-one million one hundred sixty-eight thousand six hundred ninety-five/, votes “against” – 239 /two hundred thirty-nine/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 491
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to the Member of the Management Board of Budimex S.A. – Ms Anna Karyś-Sosińska, on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. With a positive assessment of the Company’s operations in 2023, at the request of the Supervisory Board, a member of the Management Board of Budimex S.A., Ms Anna Karyś-Sosińska, is granted discharge in respect of the performance of her duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,168,695 /twenty-one million one hundred sixty-eight thousand six hundred ninety-five/, votes “against” – 239 /two hundred thirty-nine/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 492
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: granting discharge to the Member of the Management Board of Budimex S.A. – Mr Cezary Łysenko, in respect of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. With a positive assessment of the Company’s operations in 2023, at the request of the Supervisory Board, a discharge is granted to the Member of the Management Board of Budimex S.A., Mr Cezary Łysenko, on account of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,168,695 /twenty-one million one hundred sixty-eight thousand six hundred ninety-five/, votes “against” – 239 /two hundred thirty-nine/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 493
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Maciej Olek, Member of the Management Board of Budimex S.A., on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. With a positive assessment of the Company’s operations in 2023, at the request of the Supervisory Board, a discharge is granted to the Member of the Management Board of Budimex S.A., Mr Maciej Olek, on account of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,168,695 /twenty-one million one hundred sixty-eight thousand six hundred ninety-five/, votes “against” – 239 /two hundred thirty-nine/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 494
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Artur Pielech, Member of the Management Board of Budimex S.A., on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. With a positive assessment of the Company’s operations in 2023, a member of the Management Board of Budimex S.A., Mr Artur Pielech, is granted discharge in respect of the performance of his duties for the period from 1 January 2023 to 30 March 2023 (date of dismissal from the Management Board).————
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was not adopted in a secret ballot, whereby:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 7,770,221 /seven million seven hundred seventy thousand two hundred twenty-one/, votes “against” – 239 /two hundred thirty-nine/, “abstentions” – 13,405,733 /thirteen million four hundred five thousand seven hundred thirty-three/.
The Chairman of the Meeting stated that the above Resolution No. 494 did not obtain the required majority and was not adopted.
Resolution No. 495
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: consideration and approval of the report on the activities of the Supervisory Board of Budimex S.A. for 2023
Pursuant to Art. 395 § 5 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The report of the Supervisory Board of Budimex S.A. for 2023, attached to this resolution, is hereby approved, subject to prior consideration.
§ 2. The resolution shall enter into force on the date of its adoption.
Attachments:
Appendix No. 1 – Report of the Supervisory Board of Budimex S.A. for 2023.
The Chairman stated that the above resolution was adopted in an open vote, whereby:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 21,172,211 /twenty-one million one hundred seventy-two thousand two hundred eleven/, votes “against” – 0 /zero/, votes “abstaining” – 3,982 /three thousand nine hundred eighty-two/.
Resolution No. 496
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: giving an opinion on the report of the Supervisory Board of Budimex S.A. on the remuneration of members of the Management Board and the Supervisory Board of the Company
Pursuant to Art. 90g of sec. Article 6 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The Ordinary General Meeting gives a positive opinion on the report of the Supervisory Board of Budimex S.A. on the remuneration of members of the Management Board and the Supervisory Board of the Company, which is attached to this resolution.
§ 2. The resolution shall enter into force on the date of its adoption.
Attachments:
Appendix No. 1 – Report of the Supervisory Board of Budimex S.A. on the remuneration of members of the Management Board and the Supervisory Board of the Company together with the assessment of the statutory auditor.
The Chairman stated that the above resolution was adopted in an open vote, whereby:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 18,030,165 /eighteen million thirty thousand one hundred sixty-five/, votes “against” – 3,146,025 /three million one hundred forty-six thousand twenty-five/, “abstentions” – 3 /three/.
Resolution No. 497
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: granting discharge to Ms Danuta Dąbrowska, Member of the Supervisory Board of Budimex S.A., in respect of the performance of her duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. Ms Danuta Dąbrowska – Member of the Supervisory Board of Budimex S.A.discharge in respect of the performance of duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 20,559,883 /twenty million five hundred fifty-nine thousand eight hundred eighty-three/, votes “against” – 609,051 /six hundred nine thousand fifty-one/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 498
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Marek Michałowski, Member of the Supervisory Board of Budimex S.A., on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. Mr Marek Michałowski, Member of the Supervisory Board of Budimex S.A., is hereby granting discharge to Mr Marek Michałowski, Member of the Supervisory Board of Budimex S.A., on account of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 20,559,883 /twenty million five hundred fifty-nine thousand eight hundred eighty-three/, votes “against” – 609,051 /six hundred nine thousand fifty-one/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 499
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Juan Ignacio Gaston Najarro – Member of the Supervisory Board of Budimex S.A. in respect of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. Mr Juan Ignacio Gaston Najarro – Member of the Supervisory Board of Budimex S.A., is hereby granting discharge to fulfil his duties in respect of duties from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 20,559,883 /twenty million five hundred fifty-nine thousand eight hundred eighty-three/, votes “against” – 609,051 /six hundred nine thousand fifty-one/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 500
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Igor Adam Chalupec – Member of the Supervisory Board of Budimex S.A., on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. Mr Igor Adam Chalupec, Member of the Supervisory Board of Budimex S.A., is hereby granting discharge from liability in respect of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 20,559,883 /twenty million five hundred fifty-nine thousand eight hundred eighty-three/, votes “against” – 609,051 /six hundred nine thousand fifty-one/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 501
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Janusz Dedo – Member of the Supervisory Board of Budimex S.A. in respect of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The Company grants to Mr. Janusz Dedo – Member of the Supervisory Board of Budimex S.A.discharge in respect of the performance of duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, whereby
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),—————————————–
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 20,559,883 /twenty million five hundred fifty-nine thousand eight hundred eighty-three/, votes “against” – 609,051 /six hundred nine thousand fifty-one/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 502
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Artur Kucharski – Member of the Supervisory Board of Budimex S.A., on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. Mr Artur Kucharski, Member of the Supervisory Board of Budimex S.A., is hereby granting discharge to Mr Artur Kucharski, Member of the Supervisory Board of Budimex S.A., on account of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital)
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 20,559,883 /twenty million five hundred fifty-nine thousand eight hundred eighty-three/, votes “against” – 609,051 /six hundred nine thousand fifty-one/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 503
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Dariusz Jacek Blocher – Member of the Supervisory Board of Budimex S.A. on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. Mr Dariusz Jacek Blocher, Member of the Supervisory Board of Budimex S.A., is hereby granting discharge from discharge in respect of the performance of his duties for the period from 1 January 2023 to 27 April 2023 (date of resignation).
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 20,559,883 /twenty million five hundred fifty-nine thousand eight hundred eighty-three/, votes “against” – 609,051 /six hundred nine thousand fifty-one/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 504
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Ignacio Aitor Garcia Bilbao, Member of the Supervisory Board of Budimex S.A., in respect of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The General Meeting of Bor S.A. grants discharge to Mr Ignacio Aitor Garcia Bilbao, Member of the Supervisory Board of Budimex S.A., in respect of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 20,559,883 /twenty million five hundred fifty-nine thousand eight hundred eighty-three/, votes “against” – 609,051 /six hundred nine thousand fifty-one/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 505
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Mario Manuel Menendez Montoya, Member of the Supervisory Board of Budimex S.A., in respect of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The General Meeting of Borispo grants discharge to Mr Mario Manuel Menendez Montoya, Member of the Supervisory Board of Budimex S.A., on account of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 20,559,883 /twenty million five hundred fifty-nine thousand eight hundred eighty-three/, votes “against” – 609,051 /six hundred nine thousand fifty-one/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 506
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: granting discharge to Ms. Silvia Rodriguez Hueso – Member of the Supervisory Board of Budimex S.A. in respect of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The General Meeting of Borispo grants discharge to Ms Silvia Rodriguez Hueso, Member of the Supervisory Board of Budimex S.A., on account of the performance of his duties for the period from 1 April 2023 (date of appointment to the Supervisory Board) to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
The Chairman stated that the above resolution was adopted in a secret ballot, where:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes,
– votes “for” – 20,559,883 /twenty million five hundred fifty-nine thousand eight hundred eighty-three/, votes “against” – 609,051 /six hundred nine thousand fifty-one/, “abstentions” – 7,259 /seven thousand two hundred fifty-nine/.
Resolution No. 507
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: adoption of the remuneration policy for members of the Management Board and Supervisory Board of Budimex S.A.
Pursuant to Art. 90e sec. 4 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§1. As a result of the review of the Remuneration Policy for Members of the Governing Bodies of Budimex S.A. adopted by Resolution No. 386 of the Ordinary General Meeting of Budimex S.A. of 18 June 2020, the Remuneration Policy for Members of the Management Board and Supervisory Board of Budimex S.A., included in the appendix to this resolution, is adopted. The attachment is an integral part of this resolution.
§2. The resolution shall enter into force on the date of its adoption.
Attachments:
The Chairman stated that the above resolution was adopted in an open vote, whereby:
– number of shares from which valid votes were cast 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ shares (i.e. 82.95% /eighty-two whole ninety-five hundredths of a percent/ share capital),
– total number of valid votes – 21,176,193 /twenty-one million one hundred seventy-six thousand one hundred ninety-three/ votes
– votes “for” – 15,493,937 /fifteen million four hundred ninety-three thousand nine hundred thirty-seven/, votes “against” – 5,682,256 /five million six hundred eighty-two thousand two hundred fifty-six/, “abstentions” – 0 /zero/.
Remuneration policy for members of the Management Board and Supervisory Board of Budimex S.A. 2024
23 BDX Raport_Ocena_Sprawozdania_o_Wynagrodzeniach.T
Resolution No. 418 – annual report of the Supervisory Board for 2023
The Management Board of Budimex S.A. informs that the Ordinary General Meeting of Budimex S.A. on 23 May 2024. adopted Resolution No. 487 on the payment of dividend for 2023 in the amount of PLN 911,169,197.62 covering net profit for the period from January 1, 2023 to December 31, 2023 in the amount of PLN 749,569,174.76 and part of the supplementary capital created from profits from previous years in the amount of PLN 161,600,022.86.
The dividend was paid on all shares of Budimex S.A., i.e. 25,530,098 shares, which gives PLN 35.69 gross per share.
The list of shareholders entitled to dividend for 2023 was set at 29 May 2024 (dividend date).
The dividend payment date is set for June 6, 2024.
The Management Board of Budimex SA informs that on 22.05.2024. an agreement was concluded between Budimex SA and Polskie Sieci Elektroenergetyczne (PSE) for the “Expansion and modernisation of the Piła Krzewina substation along with the switching of the 400 kV Piła Krzewina-Plewiska line track operating at 220 kV to 400 kV” – procedure number 2023/WNP-0223.
Information that our offer has been selected as the most advantageous was published on 14.02.2024. in current report No. 9/2024
The total value of the contract is PLN 188,722,000 net, including
Basic scope PLN 183,031,067.96 net
Value of option no. 1: PLN 3,843,652.43 net
Value of option no. 2: PLN 1,647,279.61 net
Value of the supervision option: PLN 200,000 net.
Date of commencement of works: from the date of conclusion of the Contract
Date of completion of works: 45 months from the date of conclusion of the Contract (47 months if the Ordering Party exercises the Right of Option No. 2)
Warranty period: 5 years
Warranty period: 5 years
Advance payment: 10% of the salary of the basic scope
Payment terms: 21 days from the date of delivery of a correctly issued VAT invoice to the Ordering Party by
Artist
Performance bank guarantee: 5% of the Remuneration including VAT
Maximum value of contractual penalty paid by the Contractor: 20% of the net remuneration.
The Ordering Party has the right to seek compensation on general terms if the amount of damage exceeds the agreed contractual penalty up to 100% of the net Remuneration.
Other contractual conditions do not deviate from market standards.
The value of the offering does not exceed the threshold of PLN 196,030 thousand. PLN net, however, due to the Issuer’s treatment of the information as confidential on 14.02.2024. We inform you about the next stage of the proceedings.
The Management Board of Budimex S.A. announces that on 22 May 2024 an agreement was concluded between the General Directorate for National Roads and Motorways, Łódź Branch and Budimex S.A. for: Design and construction of the S12 expressway, section border of the province. Łódzkie – Radom Południe junction (without the junction) section 1 gr. voivodship. Łódź – Przysucha junction (without the junction).
The information that the bid of Budimex S.A. was rated the highest in the tender procedure and selected as the most advantageous was published on 18.01.2024. in current report No. 4/2024 and on 16.02.2024. in current report No . 10/2024.
Contract value:
PLN 367,554,821.00 net
Contract start date: Date of conclusion of the contract by both parties
Contract completion date:
43 months from the conclusion of the contract
The time of completion of the Works does not include winter periods (i.e. from 16 December to 15 March). Winter periods (i.e. from 16 December to 15 March) are included in the time covered by the design.
Warranty period for major works: up to 15 years
Warranty period: 60 months from the date indicated in the Takeover Certificate
Down payment: from 1% to 10% of the Accepted Gross Contract Amount
Payment terms: up to 30 days from the date of delivery of a correctly issued VAT invoice by the Contractor to the Ordering Party
Bank guarantee of good performance:
10% of the gross price stated in the offer
Maximum value of contractual penalty paid by the Contractor:
20% of the Accepted Net Contract Amount
The Ordering Party reserves the right to demand supplementary compensation transferring the amount of contractual penalties to the amount of the actual damage suffered, arising or likely to arise in connection with non-performance or improper performance of the contract by the Contractor.
Other contractual conditions do not deviate from market standards.
The value of the offering exceeds the threshold of 196,030 thousand. PLN net.
The Management Board of Budimex S.A. informs that on 07.05.2024. The General Directorate for National Roads and Motorways, Lublin Branch, informed the Company that its offer was evaluated the highest in the tender procedure entitled: DESIGN AND CONSTRUCTION OF THE S17 PIASKI – HREBENNE EXPRESSWAY, SECTION NO. 3: “KRASNYSTAW PÓŁNOC” (“KRASNYSTAW I”) JUNCTION WITH THE “IZBICA” (“TARZYMIECHY”) JUNCTION WITH THE “TARZYMIECHY” JUNCTION.
The above does not mean that Budimex S.A.’s bid was selected as the most advantageous, as the bid evaluation procedure has not been finally completed.
Offer value: PLN 781,745,752.00 net
Date of commencement of works: from the date of conclusion of the contract by both parties
Date of completion of works: 39 months from the date of conclusion of the contract (winter periods are not included in the time of completion of works)
Warranty period for major works: up to 15 years
Warranty period: 60 months from the date indicated in the Takeover Certificate
Down payment: from 1% to 10% of the Accepted Gross Contract Amount
Payment terms: up to 30 days from the date of delivery to the Ordering Party of VAT invoices issued for the amounts certified in the Payment Certificates
Performance bank guarantee: 10% of the Accepted Gross Contract Amount
Maximum value of contractual penalty paid by the Contractor: 20% of the Accepted Net Contract Amount
The Ordering Party reserves the right to demand supplementary compensation transferring the amount of contractual penalties to the amount of the actual damage suffered, arising or likely to arise in connection with non-performance or improper performance of the contract by the Contractor.
Other contractual conditions do not deviate from market standards.
The value of the offering exceeds the threshold of 196,030 thousand. PLN net.
The Management Board of Budimex S.A. announces that on 7 May 2024, the General Directorate for National Roads and Motorways, Branch in Lublin, informed the Company that its bid had been awarded the highest score in the tender procedure for: “DESIGN AND CONSTRUCTION OF THE S17 PIASKI – HREBENNE EXPRESS ROAD, SECTION 3: “KRASNYSTAW PÓŁNOC” JUNCTION (“KRASNYSTAW I”) WITH THE JUNCTION – “IZBICA” JUNCTION (“TARZYMIECHY”) WITH THE JUNCTION”.
The aforementioned information does not mean selecting the bid of Budimex S.A. as the most advantageous one, because the procedure concerning the bid evaluation has not yet been finally completed.
Bid value: PLN 781,745,752.00 net
Works commencement date: from the date of contract conclusion by both parties
Works completion date: 39 months from the date of contract execution (the implementation time does not include winter periods)
Guarantee period for the main works: 15 years
Warranty period: 60 months from the date indicated in the Work Acceptance Certificate
Advance payment: from 1% to 10% of the Accepted Gross Contract Amount
Payment terms: within 30 days of the date of delivery of VAT invoices to the Employer, issued for the amounts certified in Payment Certificates
Bank performance bond: 10% of the Accepted Gross Contract Amount
Maximum amount of contractual penalty paid by the Contractor: 20% of the Accepted Net Contract Amount
The Employer reserves the right to demand supplemental damages in excess of contractual penalties up to the amount of actual loss that was incurred or could be incurred due to the non-performance or improper performance of the Contract by the Contractor.
Other terms and conditions of the contract do not differ from the market standards.
The bid value exceeds the threshold of PLN 196,030 thousand net.
With reference to report No. 37/2024 of 22 April 2024 on convening the Ordinary General Meeting of Budimex SA, the Management Board of Budimex SA submits draft resolutions for the Ordinary General Meeting, which was convened for 23 May this year:
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Resolution of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: election of the Chairman of the Ordinary General Meeting
The Ordinary General Meeting of Budimex S.A. adopts a resolution with the following wording:
§ 1. The Ordinary General Meeting appoints Ms. ……………………. for the Chairman of the Ordinary General Meeting.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: election of the Ballot Counting Committee
The Ordinary General Meeting of Budimex S.A. adopts a resolution with the following wording:
§ 1. The Ordinary General Meeting appoints the Ballot Counting Committee composed of:
1. Mrs/Mr. …………………………,
2. Ms/Mr. ………………………….
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: adoption of the agenda
The Ordinary General Meeting of Budimex S.A. adopts a resolution with the following wording:
§ 1. The Ordinary General Meeting adopts the following agenda:
- Opening of the Annual General Meeting.
- Election of the Chairman of the Annual General Meeting.
- Confirmation of the correctness of convening the Annual General Meeting and its ability to adopt resolutions.
- Election of the Ballot Counting Committee.
- Adoption of the agenda.
- Presentation and consideration of the report on the activities of the Budimex Group and Budimex S.A. for 2023, the financial statements of Budimex S.A. for the year ended 31 December 2023 together with the report on the audit of the annual financial statements of Budimex S.A. for the year ended 31 December 2023 and the consolidated financial statements of the Budimex Group for the year ended 31 December 2023 together with the report on the audit of the annual consolidated financial statements for the year ended December 31, 2023.
- Presentation and consideration of the report on non-financial information of Budimex S.A. for 2023 and the report on non-financial information of the Budimex Group for 2023.
- Presentation of the Supervisory Board’s report on the remuneration of members of the Management Board and the Supervisory Board for 2023.
- Presentation and consideration of the report of the Supervisory Board of Budimex S.A., containing the results of the assessment of the Management Board’s reports on the activities and financial statements for the financial year 2023 and the Management Board’s proposal regarding the distribution of profit, as well as the assessment of the Company’s standing.
- Presentation of the draft remuneration policy for members of the Management Board and Supervisory Board of Budimex S.A. together with the recommendation of the Company’s Supervisory Board regarding its adoption by the Ordinary General Meeting.
- Adoption of resolutions on:
11.1 consideration and approval of the report on the activities of the Budimex Group and Budimex S.A. for 2023,
11.2 consideration and approval of the report on non-financial information of Budimex S.A. for 2023,
11.3 consideration and approval of the report on non-financial information of the Budimex Group for 2023,
11.4 review and approval of the financial statements of Budimex S.A. for the year ended 31 December 2023,
11.5 review and approval of the consolidated financial statements of the Budimex Group for the year ended 31 December 2023,
11.6 profit distribution for 2023,
11.7 granting discharge to members of the Management Board of Budimex S.A. for the performance of their duties in 2023,
11.8 consideration and approval of the report on the activities of the Supervisory Board of Budimex S.A. for 2023,
11.9 giving an opinion on the report of the Supervisory Board of Budimex S.A. on the remuneration of members of the Management Board and the Supervisory Board of the Company,
11.10 granting discharge to members of the Supervisory Board for the performance of their duties in 2023,
11.11 adoption of the remuneration policy for members of the Management Board and Supervisory Board of Budimex S.A.
12. Closing of the General Meeting.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 482
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: consideration and approval of the report on the activities of the Budimex Group and Budimex S.A. for 2023
Pursuant to Art. 395 § 2 point 1 in conjunction with Art. 393 item 1 of the Commercial Companies Code and § 13 letter a) of the Company’s Articles of Association – Ordinary General Meeting of Budimex S.A.resolves as follows:
§ 1. The report on the activities of the Budimex Group and Budimex S.A. for 2023 is approved, after prior consideration.
§ 2. The resolution shall enter into force on the date of its adoption.
Attachments:
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Resolution No. 483
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: consideration and approval of the report on non-financial information of Budimex S.A. for 2023
Pursuant to Art. 395 § 2 point 1 of the Commercial Companies Code in conjunction with Art. 49b sec. 1 and 9 of the Accounting Act and § 13 letter a) of the Company’s Articles of Association The Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The report on non-financial information of Budimex S.A. for 2023 is approved, subject to prior consideration.
§ 2. The resolution shall enter into force on the date of its adoption.
Attachments:
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Resolution No. 484
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: consideration and approval of the report on non-financial information of the Budimex Group for 2023
Pursuant to Art. 395 § 2 point 1 of the Commercial Companies Code in conjunction with Art. 49b sec. 1 and 9 of the Accounting Act and § 13 letter a) of the Company’s Articles of Association The Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The report on non-financial information of the Budimex Group for 2023 is approved, after prior consideration.
§ 2. The resolution shall enter into force on the date of its adoption.
Attachments:
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Resolution No. 485
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: consideration and approval of the financial statements of Budimex S.A. for the year ended 31 December 2023
Pursuant to Art. 395 § 2 point 1 in conjunction with Art. 393 item 1 of the Commercial Companies Code and Art. 53 sec. 1 of the Act of 29 September 1994. on accounting, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The Company’s financial statements for the year ended December 31, 2023 are hereby approved, subject to prior consideration. The financial statements include:
1. the statement of financial position prepared as at 31 December 2023, which on the assets side, as well as equity and liabilities, shows the amount of PLN 7,349,333 thousand (seven billion three hundred forty-nine million three hundred thirty-three thousand zlotys),
2. profit and loss account for the period from January 1st 2023 to December 31st 2023, showing a net profit of PLN 749,569 thousand (seven hundred and forty-nine million five hundred and sixty-nine thousand zlotys),
3. the statement of comprehensive income for the period from January 1st 2023 to December 31st 2023, showing total comprehensive income of PLN 746,971 thousand (seven hundred forty-six million nine hundred seventy-one thousand zlotys),
4. the statement of changes in equity for the period from January 1st 2023 to December 31st 2023, showing an increase in equity of PLN 287,685 thousand (two hundred eighty-seven million six hundred eighty-five thousand),
5. statement of cash flows for the period from January 1st 2023 to December 31st 2023, showing an increase in cash and cash of PLN 650,242 thousand (six hundred fifty million two hundred and forty-two thousand zlotys),
6. Additional information and explanations.
The financial statements of Budimex SA for the year ended 31 December 2023 have been audited by an independent statutory auditor and positively assessed by the Company’s Supervisory Board.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 486
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: consideration and approval of the consolidated financial statements for the year ended 31 December 2023
Pursuant to Art. 395 § 5 of the Commercial Companies Code and Art. 63c sec. 4 of the Act of 29 September 1994. on accounting, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The consolidated financial statements of the Budimex Group for the year ended 31 December 2023 are hereby approved. The consolidated financial statements include:
1. consolidated statement of financial position prepared as at December 31st 2023, which on the assets side, as well as equity and liabilities, shows PLN 8,418,241 thousand (eight billion four hundred and eighteen million two hundred and forty-one thousand zlotys),
2. consolidated income statement for the period from 1 January 2023 to 31 December 2023, showing a net profit of PLN 746,065 thousand (seven hundred forty-six million sixty-five thousand zlotys),
3. consolidated statement of comprehensive income for the period from January 1st 2023 to December 31st 2023, showing total comprehensive income of PLN 739,586 thousand (seven hundred thirty-nine million five hundred eighty-six thousand zlotys),
4. consolidated statement of changes in equity for the period from January 1, 2023 to December 31, 2023, showing an increase in equity in the amount of PLN 270,843 thousand (two hundred seventy million eight hundred forty-three thousand zlotys),
5. consolidated statement of cash flows for the period from January 1st 2023 to December 31st 2023, showing an increase in cash and cash of PLN 656,484 thousand (six hundred fifty-six million four hundred eighty-four thousand zlotys),
6. Additional information and explanations.
The consolidated financial statements of the Budimex Group have been audited by an independent statutory auditor and have received a positive opinion from the Supervisory Board of Budimex S.A.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 487
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: distribution of profit for 2023
Pursuant to Art. 395 § 2 point 2 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. Net profit for the period from January 1, 2023 to December 31, 2023 in the amount of PLN 749,569,174.76 (in words: seven hundred forty-nine million five hundred sixty-nine thousand one hundred seventy-four zlotys and seventy-six groszy) increased by a part of the supplementary capital created from profits from previous years in the amount of PLN 161,600,022.86 (in words: one hundred sixty-one million six hundred thousand twenty-two zlotys and eighty-six groszy), which gives the total amount of PLN 911,169,197.62 (in words: nine hundred eleven million one hundred sixty-nine thousand one hundred ninety-seven zlotys and sixty-two grosze), it is decided to allocate PLN 35.69 gross (in words: thirty-five zlotys and sixty-nine groszy) per share for the payment of dividend.
§ 2. 1. The list of shareholders entitled to dividend for 2023 is set at 29 May 2024 (dividend date).
2. The dividend payment date is set for June 6, 2024.
§ 3. The resolution shall enter into force on the date of its adoption.
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Resolution No. 488
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to the President of the Management Board of Budimex S.A. – Mr Artur Popko, on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. With a positive assessment of the Company’s operations in 2023, at the request of the Supervisory Board, the President of the Management Board of Budimex S.A., Mr Artur Popko, is granted discharge in respect of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 489
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to the Member of the Management Board of Budimex S.A. – Mr Jacek Daniewski, on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. With a positive assessment of the Company’s operations in 2023, at the request of the Supervisory Board, a discharge is granted to the Member of the Management Board of Budimex S.A., Mr Jacek Daniewski, on account of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 490
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to the Member of the Management Board of Budimex S.A. – Mr Marcin Węgłowski, on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. With a positive assessment of the Company’s operations in 2023, at the request of the Supervisory Board, a discharge is granted to the Member of the Management Board of Budimex S.A., Mr Marcin Węgłowski, on account of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 491
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to the Member of the Management Board of Budimex S.A. – Ms Anna Karyś-Sosińska, on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. With a positive assessment of the Company’s operations in 2023, at the request of the Supervisory Board, a member of the Management Board of Budimex S.A., Ms Anna Karyś-Sosińska, is granted discharge in respect of the performance of her duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 492
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: granting discharge to the Member of the Management Board of Budimex S.A. – Mr Cezary Łysenko, in respect of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. With a positive assessment of the Company’s operations in 2023, at the request of the Supervisory Board, a discharge is granted to the Member of the Management Board of Budimex S.A., Mr Cezary Łysenko, on account of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 493
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Maciej Olek, Member of the Management Board of Budimex S.A., on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. With a positive assessment of the Company’s operations in 2023, at the request of the Supervisory Board, a discharge is granted to the Member of the Management Board of Budimex S.A., Mr Maciej Olek, on account of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 494
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Artur Pielech, Member of the Management Board of Budimex S.A., on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. With a positive assessment of the Company’s operations in 2023, a member of the Management Board of Budimex S.A., Mr Artur Pielech, is granted discharge in respect of the performance of his duties for the period from 1 January 2023 to 30 March 2023 (date of dismissal from the Management Board).
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 495
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: consideration and approval of the report on the activities of the Supervisory Board of Budimex S.A. for 2023
Pursuant to Art. 395 § 5 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The report of the Supervisory Board of Budimex S.A. for 2023, attached to this resolution, is hereby approved, subject to prior consideration.
§ 2. The resolution shall enter into force on the date of its adoption.
Attachments:
Appendix No. 1 – Report of the Supervisory Board of Budimex S.A. for 2023.
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Resolution No. 496
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: giving an opinion on the report of the Supervisory Board of Budimex S.A. on the remuneration of members of the Management Board and the Supervisory Board of the Company
Pursuant to Art. 90g of sec. Article 6 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The Ordinary General Meeting gives a positive opinion on the report of the Supervisory Board of Budimex S.A. on the remuneration of members of the Management Board and the Supervisory Board of the Company, which is attached to this resolution.
§ 2. The resolution shall enter into force on the date of its adoption.
Attachments:
Appendix No. 1 – 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 assessment of the statutory auditor
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Resolution No. 497
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: granting Ms. Danuta Dąbrowska – Member of the Supervisory Board
Budimex S.A. discharge in respect of duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ Grants to Ms Danuta Dąbrowska – Member of the Supervisory Board of Budimex S.A.discharge in respect of the performance of duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 498
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Marek Michałowski, Member of the Supervisory Board of Budimex S.A., on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. Mr Marek Michałowski, Member of the Supervisory Board of Budimex S.A., is hereby granting discharge to Mr Marek Michałowski, Member of the Supervisory Board of Budimex S.A., on account of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 499
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Juan Ignacio Gaston Najarro – Member of the Supervisory Board of Budimex S.A. in respect of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. Mr Juan Ignacio Gaston Najarro – Member of the Supervisory Board of Budimex S.A., is hereby granting discharge to fulfil his duties in respect of duties from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 500
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Igor Adam Chalupec – Member of the Supervisory Board of Budimex S.A., on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. Mr Igor Adam Chalupec, Member of the Supervisory Board of Budimex S.A., is hereby granting discharge from liability in respect of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 501
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Janusz Dedo – Member of the Supervisory Board of Budimex S.A. in respect of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The Company grants to Mr. Janusz Dedo – Member of the Supervisory Board of Budimex S.A.discharge in respect of the performance of duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 502
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Artur Kucharski – Member of the Supervisory Board of Budimex S.A., on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. Mr Artur Kucharski, Member of the Supervisory Board of Budimex S.A., is hereby granting discharge to Mr Artur Kucharski, Member of the Supervisory Board of Budimex S.A., on account of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 503
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Dariusz Jacek Blocher – Member of the Supervisory Board of Budimex S.A. on account of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. Mr Dariusz Jacek Blocher, Member of the Supervisory Board of Budimex S.A., is hereby granting discharge from discharge in respect of the performance of his duties for the period from 1 January 2023 to 27 April 2023 (date of resignation).
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 504
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Ignacio Aitor Garcia Bilbao, Member of the Supervisory Board of Budimex S.A., in respect of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The General Meeting of Bor S.A. grants discharge to Mr Ignacio Aitor Garcia Bilbao, Member of the Supervisory Board of Budimex S.A., in respect of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 505
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
concerning: granting discharge to Mr Mario Manuel Menendez Montoya, Member of the Supervisory Board of Budimex S.A., in respect of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The General Meeting of Borispo grants discharge to Mr Mario Manuel Menendez Montoya, Member of the Supervisory Board of Budimex S.A., on account of the performance of his duties for the period from 1 January 2023 to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 506
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: granting discharge to Ms. Silvia Rodriguez Hueso – Member of the Supervisory Board of Budimex S.A. in respect of the performance of his duties in 2023
Pursuant to Art. 395 § 2 point 3 of the Commercial Companies Code, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. The General Meeting of Borispo grants discharge to Ms Silvia Rodriguez Hueso, Member of the Supervisory Board of Budimex S.A., on account of the performance of his duties for the period from 1 April 2023 (date of appointment to the Supervisory Board) to 31 December 2023.
§ 2. The resolution shall enter into force on the date of its adoption.
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Resolution No. 507
of the Ordinary General Meeting of Budimex S.A.
of 23 May 2024
on: adoption of the remuneration policy for members of the Management Board and Supervisory Board of Budimex S.A.
Pursuant to Art. 90e sec. 4 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, the Ordinary General Meeting of Budimex S.A. resolves as follows:
§ 1. As a result of the review of the Remuneration Policy for Members of the Governing Bodies of Budimex S.A. adopted by Resolution No. 386 of the Ordinary General Meeting of Budimex S.A. of 18 June 2020, the Remuneration Policy for Members of the Management Board and Supervisory Board of Budimex S.A., included in the appendix to this resolution, is adopted. The attachment is an integral part of this resolution.
§ 2. The resolution shall enter into force on the date of its adoption.
Attachments:
Appendix No. 1 – Remuneration Policy for Members of the Management Board and Supervisory Board of Budimex S.A.
Current ESPI report No. 38/2024 of 22.04.2024 has been corrected in such a way that the missing appendix “Report of the independent auditor on the performance of the service providing reasonable assurance regarding the assessment of the remuneration report” is attached. There have been no changes in the content of current report No. 38/2024 itself.
Resolution No. 418 – annual report of the Supervisory Board for 2023
Report of the Supervisory Board on remuneration
23 BDX Raport_Ocena_Sprawozdania_o_Wynagrodzeniach.T
Remuneration policy for members of the Management Board and Supervisory Board of Budimex S.A. 2024
Budimex in numbers
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Budimex Group’s order backlog at the end of 2023 (PLN billion )
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Budimex Group’s revenues in 2023 (PLN million )
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EBIT of the Budimex Group in 2023 (PLN M )
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completed construction contracts
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Contact details of people responsible for communication with investors.
Michał Kielin
Head of Affairs Investor Relations and Analysis
Kamil Sochanek
Head of Affairs investor relations