Current Report No.: 32/2018

Title: ENEA S.A.'s Supervisory Board's opinion on the Management Board's recommendation as to profit distribution for 2017
Date: 2018.23.05
Report no.:  Current Report No.: 32/2018

Current Report No.: 32/2018

Date of publication: 23 May 2018

Short name of issuer: ENEA S.A.

Subject: ENEA S.A.'s Supervisory Board's opinion on the Management Board's recommendation as to profit distribution for 2017

Legal basis: Article 17(1) MAR - confidential information

Content of report:

In relation to the current report No. 30/2018 of 16 May 2018 regarding the Management Board's recommendation as to profit distribution for 2017, the Management Board of ENEA S.A. ("Company") informs that on 23 May 2018 the Company's Supervisory Board adopted a resolution in which it issued a positive opinion on the motion of the Company's Management Board regarding profit distribution for the period from 1 January 2017 to 31 December 2017 in the amount of PLN 1,813,324 thou. in such a way that it recommends appropriating 100 % of the net profit to increasing reserve capitals with allocation to investment financing.

At the same time, the Company informs that the final decision on net profit distribution for the financial year 2017 will be taken by the Ordinary General Meeting of ENEA S.A.

Having in mind the diverse and international nature of Enea SA's shareholding, and also the provisions of the Best Practices of WSE Listed Companies, Enea SA guarantees the availability of its website also in English. In case of any interpretation doubts and discrepancies between the Polish and English versions, the Polish version shall prevail.