The voting rights of the shareholders holding more than 10% of the total votes in the Company have been limited in such a manner that none of them is entitled to exercise the right to more than 10% of votes at the General Meeting. The limitation does not apply to the State Treasury and State Treasury owned companies in the period when the State Treasury and State Treasury owned companies hold shares in the Company authorising to at least 25% of the total votes in the Company.
For further details on restrictions on the exercise of voting rights, see Section 9.6. in the Management Board’s reports on the activities of TAURON Polska Energia S.A. and TAURON Capital Group for the financial year 2020.