Legal Proceedings Report • Oct 12, 2023
Legal Proceedings Report
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Current Report no. 19/2023Date: 12 October 2023Topic: Conclusionof an agreement ending a collective dispute with a trade unionorganisationLegal basis: Article 17(1) MAR - Inside informationContent:Furtherto current report no. 9/2023 of 1 June 2023, the Management Board of theWarsaw Stock Exchange ("GPW", "Company", "Exchange") announces that anagreement ending the collective dispute with the Trade Union of ExchangeEmployees ("ZZPG") has been concluded on 12 October 2023.Underthe agreement, GPW will pay a one-off inflation benefit to employeesequal to a percentage of their annual gross base salary, depending onthe annual appraisal of the employee for 2022.The amount of theinflation benefit paid by GPW will be approximately PLN 2.7 milliongross (two million seven hundred thousand zloty). The average unitamount of the inflation benefit will be approximately 5.7% of the annualgross base salary. The inflation benefit will be paid on 18 October 2023.Furthermore,the social party has agreed to support the Exchange Management Board inthe implementation of the GPW Group's development strategy for 2023-2027.Legalbasis: Article 17(1) of Regulation (UE) No. 596/2014 of the EuropeanParliament and of the Council of 16 April 2014 on market abuse (marketabuse regulation) and repealing Directive 2003/6/EC of the EuropeanParliament and of the Council and Commission Directives 2003/124/EC,2003/125/EC and 2004/72/EC (Official Journal L 173) ("MAR")
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