City Service SE — AGM Information 2016

Apr 29, 2016

The Draft Decisions of The Ordinary General Meeting of Shareholders called on 23 May, 2016

• 1. On presentation of the consolidated annual report of the Company for 2015 to the shareholders.
• 1.1. Taken into consideration.
• 2. On presentation of the auditor's report of the Company to the shareholders.
• 2.1. Taken into consideration.
• 3. On approval of the set of consolidated annual financial statements of the Company for 2015. 3.1. To approve the set of consolidated annual financial statements of the Company for 2015.

4. On distribution of profit (loss) of the Company of 2015.

4.1. To approve the distribution of profit (loss) of the Company of 2015 as indicated in the table below (consolidated amounts are presented).

	Amounts (EUR 000's)
Retained earnings – profit (loss) brought forward from the previous year	31,723
Net result of the financial year – profit (loss)	8,100
Profit (loss) of the reporting financial year not recognized in the income statement	-12
Profit (loss) available for distribution at the end of the financial year	39,811
Profit distribution:
Transfers to the legal reserve	-33
For dividend	-3,161
Retained earnings – profit (loss) at the end of the financial year	36,617

4.2. To pay dividend in the amount of EUR 3,161,000 i.e. the dividend of EUR 0.10 per one share with the nominal value of 0.30 EUR. To pay the dividend to the shareholders within the time limit set by the Law of the Republic of Estonia on Companies. Whereas shares of the Company are listed in Warsaw Stock Exchange Parallel market, according to Polish law, the list of holders of securities shall be closed the same day as the Ordinary General Meeting of Shareholders is held, on 23 May 2016, at 23.59 hours.

5. The acquisition of own shares.

To grant to the public limited company the right to acquire the shares of City Service SE subject to the following conditions:

1) The company is entitled to acquire own shares within five years as from the adoption of this resolution.

2) The total nominal values of the shares owned by the company shall not exceed 10 % of the share capital. 3) Minimum acquisition price for one share – 1 (one) EUR, maximum acquisition price for one share – 5 (five) EUR.

4) Own shares shall be paid for from the assets exceeding the share capital, mandatory legal reserve and issue premium.