Management Board of IMS S.A. (The Company, the Issuer) hereby announces a change in the date of publication of its annual reports for 2024. The reports will be published on 30 April 2025, and not on 16 April 2025 as originally announced by the Company (current report No. 1/2025 of 29 January 2025).

At the same time, the Issuer’s Management Board informs that the final financial results for 2024 will not change in relation to the estimated results for 2024 published on 13 March this year in current report no. 2/2025.

Detailed legal basis: §80(2) of the RMF on current and periodic information provided by issuers of securities and conditions for recognizing as equivalent information required by the laws of a non-member state.

Management Board of IMS S.A. (the ‘Company’, the ‘Issuer’) announces a change in the IMS Group’s dividend policy.

The change concerns the expansion of possible tools for distributing profits directly to Shareholders, i.e. in addition to dividends, the Management Board is considering recommending to the General Meeting that it adopt the buy-back of equity shares, starting from the General Meeting approving the distribution of profit for 2024.

At the same time, the Management Board indicates that on 6 December 2024, in accordance with the assumptions of the dividend policy presented in current report no. 8/2024, an advance payment for the 2024 dividend was made in the amount of PLN 5.6 million (PLN 0.16 per share) [Issuer’s current reports no. 36/2024, 37/2024, 42/ 2024]. The preliminary, estimated financial data of the Issuer for 2024, published in current report no. 2/2025, indicate that the consolidated net profit attributed to the parent company was nearly PLN 11.1 million.

The intention of the Issuer’s Management Board is for the Company to:

• pay a dividend annually, either in one instalment or at half-yearly intervals with an interim dividend

 

and

 

• to buy back equity shares, including in the form of an invitation to submit offers to sell the Issuer’s shares (buyback with a dividend character at a price significantly higher than the current stock exchange rate) and/or buy back of equity shares at market price during stock exchange sessions.

The catalogue of tools for transferring funds to the Issuer’s Shareholders is being expanded based on the analysis of the Issuer’s share price by the Management Board, which believes that the shares are undervalued and that their possible buyback would be beneficial for the Shareholders.

The company intends to allocate at least 75% of the consolidated net profit attributable to the parent company to the Shareholders each year, with the total amount allocated to be distributed between dividends and equity share buybacks, as mentioned above.
 The final decision on this matter will be made by the Shareholders at the General Meetings.