AGM decided to authorize the Management Board to resolve on the acquisition by the Company of its fully paid-up ordinary shares, for a maximum of 12% of the issued share capital as per the time of repurchase of the shares, through a purchase on the stock exchange or otherwise for a term not longer than 18 months against a repurchase price between on the one hand, the nominal value of the ordinary shares concerned and, on the other hand, an amount of 110% on the highest price of the ordinary shares officially quoted on the Warsaw Stock Exchange on any of 30 banking days preceding the date the repurchase is effected or proposed.