Motion of the Management Board of Cyfrowy Polsat S.A. concerning the distribution of net profit for the financial year ended December 31, 2021

The Management Board of Cyfrowy Polsat S.A. (the "Company") hereby informs that on 26 May 2022 it adopted a resolution on the submission to the Supervisory Board of the Company for assessment of a motion concerning the distribution of the Company’s net profit for the financial year ended December 31, 2021 amounting to PLN 3,605,855,418.23 (say: three billion six hundred five million eight hundred fifty five thousand four hundred eighteen zlotys and twenty three grosze).

The Management Board recommends to the General Shareholders Meeting:

• to allocate part of the net profit earned by the Company in the financial year ended December 31, 2021 in the amount of PLN 550,703,531.00 (say: five hundred fifty million seven hundred three thousand five hundred thirty one zlotys), for distribution as dividends to the shareholders of the Company in the amount of PLN 1.00 (say: one zloty) per share participating in the dividend payout (i.e. excluding treasury shares), and
• to allocate the remainder of the net profit in the amount of PLN 3,055,151,887.23 (say: three billion fifty five million one hundred fifty one thousand eight hundred eighty seven zlotys and twenty three grosze) to the reserve capital.

Furthermore, the Management Board of the Company recommends, in accordance with the provisions of article 348 §4 of the Commercial Companies Code, that the dividend day be scheduled for 20 September 2022 and the dividend payout be made on 15 December 2022.

In the opinion of the Management Board of the Company, the proposed profit distribution is consistent with the dividend policy of the Company adopted on December 20, 2021 and shall not disrupt the development concept of the Company’s capital group.