ELEKTROTIM S.A., a company based in Wrocław (hereinafter referred to as the Company), announces that on April 23, 2024, the Supervisory Board of the Company, acting pursuant to Article 382 § 3 of the Commercial Companies Code, gave a positive assessment of the Management Board's proposal regarding the distribution of net profit for the year 2023.

ELEKTROTIM S.A. based in Wrocław (the Company) announces that the Company's Supervisory Board, acting on the proposal of the Company's Management Board, adopted a resolution on April 23, 2024, approving the conclusion of the process of reviewing strategic options for the subsidiaries of the ELEKTROTIM Capital Group. The Company announced the initiation of the process of reviewing strategic options in its current report No. 12/2019, dated July 10, 2019.

ELEKTROTIM S.A. informs that on March 27, 2024, the Issuer concluded with an entity unrelated to the Issuer's Capital Group an agreement for the sale of all held shares in the share capital of the subsidiary company ZEUS S.A.