Dividend

Dividend Policy of Asseco Poland S.A.

The Management Board of Asseco Poland S.A. (the "Company") declares that it intends to recommend to the General Meeting of Shareholders to pay out a dividend exceeding 50% of the Company's net profit.

When recommending the allocation of the net profit of Asseco Poland S.A., the Company's Management Board will take into account the current and projected financial and liquidity position, investment plans of the Company and its Group, as well as the existing and future liabilities.

The policy applies from the moment of payment of a dividend out of the Company's net profit for the 2020 financial year.

The final decision on the distribution of the Company's net profit, including the payment of a dividend and dividend amount, shall be taken on a case-by-case basis by the General Meeting of Shareholders of Asseco Poland S.A.

	2004*	2005*	2006*	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Consolidated net profit (m PLN)	13	25	53	161	322	373	414	397	371	306	358	365	301	467	333	322	402	468	503	483
Standalone net profit (m PLN)	13	22	58	106	278	291	422	315	324	280	290	257	352	176	167	207	266	321	341	352
Dividend (m PLN)	5	7	19	33	70	106	140	170	200	216	241	250	250	250	255	250	258	279	291	250
Dividend per share (PLN)	1.34	1.82	0.40	0.55	1.03	1.47	1.80	2.19	2.41	2.60	2.90	3.01	3.01	3.01	3.07	3.01	3.11	3.36	3.50	3.66**
Dividend yield (%)	1.2	1.0	0.5	0.9	1.8	2.6	3.5	4.6	5.1	5.9	4.8	5.4	5.4	6.7	6.0	4.1	4.2	4.5	4.2	4.4
Dividend as % of consolidated net profit	35%	29%	35%	20%	22%	28%	34%	43%	54%	70%	67%	68%	83%	54%	76%	78%	64%	60%	58%	52%
Dividend as % of standalone net profit	35%	31%	32%	31%	25%	36%	33%	54%	62%	77%	83%	97%	71%	142%	153%	121%	97%	87%	85%	71%

* Before the merger with Softbank.

** Dividend per share, after exclusion of own shares.