Opinion of the Supervisory Board on the payment of dividend

Publication on: 2019-07-14 21:11 The Management Board of LIVECHAT Software SA in Wrocław (the “Company”) announces that on 14 July 2016 it became aware of the adoption by the Supervisory Board of a decision, according to which it positively recommended to the General Meeting convened on 18 July 2016 the adoption of the Management Board’s proposal on the distribution of profit for the financial year 2015/2016. According to the adopted resolution, the Board will recommend to the General Assembly the division of the unit profit of LiveChat Software SA, which in the financial year ended 31 March 2016 amounted to PLN 27,916,025.35, in such a way that: – PLN 27,810,000.00 – will be allocated for dividend; – PLN 106,025.35 – will be allocated to reserve capital. This means that the dividend per share will amount to PLN 1.08. The recommendation is in line with the dividend policy of the company assuming the allocation for dividend of the entire profit of the Company, provided that there will be no investment projects, which will provide to Shareholders higher growth rate.