INTEGRATED
REPORT
2019

12.7.5. Proposal for distribution of the Parent Company’s profit for 2019

The Management Board of PKN ORLEN, after considering the liquidity situation and achievement of strategic financial objectives, recommends to distribute the net profit of PKN ORLEN for the year 2019 in the amount of PLN 4,813,592,019.09 PLN as follows: PLN 1,283,127,183.00  will be allocated as a dividend payment (PLN 3 per 1 share) and the remaining amount of PLN 3,530,464,836.09 as reserve capital. The Management Board of PKN ORLEN proposes 14 July of 2020 as the dividend date and 28 July of 2020 as the dividend payment date. This recommendation of the Management Board will be presented to the General Shareholders’ Meeting of PKN ORLEN, which will make a conclusive decision in this matter.

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