Pursuant to art. 395, art. 399 § 1, art. 4021 and art. 4022 of the Code of Commercial Companies and Partnerships (“KSH”) and pursuant to § 14 of the company’s statute, the Management Board of Comarch S.A., the company with its registered seat in Krakow and registered with KRS 0000057567 in the National Court Register managed by the District Court for Krakow Śródmieście in Krakow, the Eleventh Economic Division of the National Court Register, hereby convenes the Annual General Shareholders Meeting of Comarch S.A., to be held at 11:00 a.m. on the 26th of June, 2014, at ul. prof. Michała Życzkowskiego 23 (formerly Aleja Jana Pawła II 41e) in Krakow, Poland.
The agenda of the Meeting:
1. Opening of the Meeting.
2. Election of the Chairman of the Meeting.
3. Election of the Returns Committee.
4. Voting on agenda of the Meeting.
5. Speech of the Chairman of the company’s Board of Supervisors.
6. Speech of the President of the company’s Management Board.
7. Consideration of the reports of the company’s authorities and the company’s financial statement and the consolidated financial statement for the fiscal year 1.01.2013 - 31.12.2013.
8. Voting on the resolutions on:
1) approving the company’s financial statement for the fiscal year 1.01.2013 - 31.12.2013;
2) approving the report of the Management Board regarding the activities of the company in 2013;
3) approving the consolidated financial statement of the Comarch Group for the fiscal year 1.01.2013 - 31.12.2013
4) approving the report of the Management Board of Comarch S.A. regarding the activities of the Comarch Group in 2013;
5) approving the report of the Board of Supervisors regarding activities of the Board of Supervisors in 2012 and regarding assessment of the company’s situation, the report regarding the audit of the company’s financial statement and of the Management Board’s report regarding Comarch S.A.’s activities for the fiscal year 1.01.2013 - 31.12.2013, the report regarding the audit of the Capital Group’s consolidated financial statement and of the Management Board’s report regarding Comarch Capital Group’s activities for the fiscal year 1.01.2013 - 31.12.2013;
6) distribution of the company’s net profit for the fiscal year 1.01.2013 - 31.12.2013;
7) distribution of the company’s net profit for the previous years;
8) acknowledging the fulfilment of duties by the members of the Management Board in the fiscal year 1.01.2013 - 31.12.2013;
9) acknowledging the fulfilment of duties by the members of the Board of Supervisors in the fiscal year 1.01.2013 - 31.12.2013;
10) annulment of the part of and changes in a resolution no. 36 of the ordinary annual general meeting of the company of the 26th of June, 2013 regarding to managerial option program,
11) granting additional bonus for members of the company’s Management Board,
12) dismissal of a member of the Supervisory Board,
13) appointment of a member of the Supervisory Board,
14) appointment of a member of the Supervisory Board,
15) changes in remuneration for members of the company’s Supervisory Board.
9. Closing of the Meeting.
I. Pursuant to art. 4022 of the Code of Commercial Companies and Partnerships, the Company’s Management Board herby presents information on participation in the company’s General Meeting:
1. Shareholder’s right to demand the inclusion of specific issues in the agenda of the nearest General Meeting.
A shareholder or shareholders representing at least a 1/20 portion of the share capital may demand the inclusion of specific issues in the agenda of the General Meeting. Such a demand should be filed with the Management Board twenty one days before the proposed date of the General Meeting at the latest. It should include justification or project of resolution related to the proposed point in the Meeting agenda. It may be filed in writing at the company’s seat at Al. Jana Pawła II 39a, 31-864 Kraków or sent in electronic form to the following e-mail address: WalneZgromadzenie@comarch.pl
2. A shareholder’s right to introduce projects of resolutions
A shareholder or shareholders representing at least a 1/20 portion of the share capital may report, in writing at the company’s seat at Al. Jana Pawła II 39a, 31-864 Kraków or send in electronic form to the e-mail address: WalneZgromadzenie@comarch.pl, projects of resolutions related to issues already in the Meeting agenda or issues which shall be introduced to the Meeting agenda. At the General Meeting each shareholder may propose projects of resolutions related to the issues already in the agenda of the Meeting.
3. Method of exercising the right to vote by proxy
A shareholder may participate in the General Meeting and exercise voting right personally or by proxy.
Power of attorney to participate in the General Meeting and to exercise a voting right should be granted in writing or in electronic form. Power of attorney in electronic form does not require safe electronic signature verified with the valid classified certificate. The shareholder is obliged to notify the company about granting the power of attorney by sending an e-mail to WalneZgromadzenie@comarch.pl including the following:
- scan of the power of attorney with the signature of the principal.
- information about authorization.
Information about authorization should contain an accurate designation of the proxy and the principal (name and the surname or the name, the number of the identity card or the number of the relevant register, address, phone and electronic mail address), as well as to indicate the scope of the power of attorney, i.e. to indicate the number of shares for which the right to vote will be exercised and the date of the general meeting, for which these entitlements will be exercised.
The company takes proper action in verifying the identification of the shareholder and the attorney for the purpose of verifying and validating the power of attorney granted in electronic form. Verification can rely on a reflexive question in telephonic or electronic form to the shareholder and the proxy in order to confirm the fact of the authorization. The company warns that a lack of reply to questions asked during the verification will be treated as an inability to verify the authorization of a proxy and will constitute a base for a refusal for admission of the proxy in the participation at the General Meeting. Proxies will be admitted for participation in the General Meeting after showing their ID card and a valid power of attorney issued in writing or in electronic form (in case of power of attorney in the electronic form the agent should show the printed power of attorney).
Forms allowing for exercising the right to vote by the agent are available from the day of publication of this announcement on the company’s website http://www.comarch.pl/relacje-inwestorskie/walne-zgromadzenie-akcjonariuszy/26-czerwca-2014/
https://www.comarch.com/investors/general-shareholders-meeting/26-june-2014/
4. The possibility and the method of participating in the General Meeting using means of electronic communication
The company does not provide for the possibility of participating in the General Meeting using means of electronic communication, however enables on-line broadcasts of General Meetings over the Internet.
5. The method of giving one's opinion during the General Meeting using means of electronic communication
The company does not provide for the possibility of participating in the general meeting using means of electronic communication, however enables on-line communication.
6. The method of exercising a voting right in by correspondence or by using means of electronic communication
The company does not provide the possibility of voting by correspondence or voting using means of electronic communication.
7. Date of registration for participation in the General Meeting
10th of June, 2014 is the date of registration for participation in the General Meeting ("Registration Date").
8. Information about the right to participate in the General Meeting
Only persons who are company shareholders on the Registration Date have a right to participate in the General Meeting. Shareholders authorised from registered shares and temporary certificates, as well as pledgees and users who are entitled to a right to vote, have a right to participate in the General Meeting, if they are recorded in the joint-stock book on the Registration Date. A shareholder authorised from a dematerialised company’s bearers’ shares will have the right to participate in the General Meeting of the company, if:
- as of the Registration Date, they are a shareholder of the company, i.e. the company’s shares are inscribed in their securities account; and
- no earlier than after the 26th of May, 2014 and no later than on the first weekday after the Registration Date, i.e. no later than on the 11th of June, 2014, demand to the entity keeping the securities account, where the company’s shares are inscribed, for issuance of a personal certificate for the right to participate in the General Meeting. According to art. 4063 § 3 of the Code for Commercial Companies and Partnerships, the personal certificate on the right to participate in the General Meeting should include:
1) company (name), registered seat, address, seal, and number of the certificate
2) number of shares
3) the type and the code of the shares
4) company (name), registered seat and address of the company which issued the shares,
5) nominal value of the shares
6) name and the surname or the company (name) authorised from the shares
7) registered seat (place of residence) and address of the entity authorised from the shares
8) purpose of issuing the certificate
9) date and place of issuing the certificate
10) signature of the person authorised to issue the certificate.
9. List of shareholders
The company establishes a list of shareholders entitled to participate in the General Meeting on the base of a list handed over by the National Deposit for Securities, but prepared on the basis of personal certificates for the right to participate in the General Meeting issued by the entities maintaining their securities accounts. Three weekdays before the date of the General Meeting i.e. from the 23rd, 24th and 25th of June, 2014, from 10.00 a.m. to 3.00 p.m., the list of shareholders entitled to participate the General Meeting will be open in the company’s registered office at Al. Jana Pawła II 39a, 31-864 Kraków. A shareholder will be able to demand that the list of shareholders be emailed to them free of charge by providing the address where the list should be sent.
10. Access to documentation
Persons entitled to participate in the General Meeting can obtain the unabridged text of documentation which is supposed to be introduced in the General Meeting, and drafts of resolutions from the registered seat of the company at Al. Jana Pawła II 39a, 31-864 Kraków or on the company’s website http://www.comarch.pl/relacje-inwestorskie/walne-zgromadzenie-akcjonariuszy/26-czerwca-2014/
https://www.comarch.com/investors/general-shareholders-meeting/26-june-2014/
11. The company’s website and e-mail address
The company will be making available all information concerning the General Meeting on its website at the www.comarch.pl in the section ‘Relacje Inwestorskie’ (‘Investor Relations’) (‘Walne Zgromadzenie Akcjonariuszy’) (‘General Meeting of Shareholders’). The company’s e-mail address concerning the General Meeting: WalneZgromadzenie@comarch.pl