Notice Re Extraordinary Meeting of Shareholders

04.08.2016

Receipt of the Shareholder's motion on amending the motion on calling the Extraordinary Meeting of Shareholders of Synthos S.A.                                                                                                                 

The Management Board of Synthos S.A. [hereinafter also referred to as the 'Issuer'] informs that on 3 August 2016 it received from FTF Galleon S.A., with its registered office in Warsaw, [hereinafter also referred to as the 'Shareholder'], acting pursuant to Article 400 § 1 of the Code of Commercial Companies [hereinafter also referred to as the "CCC"] and representing more than one twentieth of the Issuer's share capital Emitenta, a motion on amending the Shareholder's earlier motion of 19 July 2016 about which the Issuer notified in its Current Report No. 29/2016,  in the scope of the proposed agenda of the Extraordinary Meeting of Shareholders of Synthos S.A.

The Shareholder proposed to replace the agenda provided for in the motion of 19 July 2016 into the agenda of the Extraordinary Meeting of Shareholders to be called providing for the consideration and adoption of the following resolutions:

1. Amending the allocating the supplementary and reserve capitals established with the profits of previous years and transferring them into the reserve capital established for dividend distribution and/or advance towards dividend.

2. Amending the Company's Articles of Association to make it possible to pay an advance towards dividend by adding the following provision: 'The Management Board is entitled to pay advance towards the dividend anticipated at the end of a given accounting year, if the Company has sufficient funds for such payments, pursuant to the principles determined in Article 349 of the Code of Commercial Companies. Payment of such advance requires a consent of the Supervisory Board.'

The Issuer intends to call the Extraordinary Meeting of Shareholders pursuant to the principles determined in CCC, which it will notify about in a separate current report.

Legal basis: Article 17 (1) of the Regulation of the European Parliament and the Council EU NO. 596/2014 of 16 April 2014 on market abuse [Regulation on market abuse] and repealing Directive 2003/6/EC of the European Parliament and the Council and the Directive of the Commission 2003/124/C, 2003/125/C and 2004/72/EC.

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange