Subject: Opinion of the Supervisory Board on payment of dividend

Current Report No. 25/2017

The Management Board of Pfleiderer Group S.A. (hereinafter the"Company") informs about granting on May 09, 2017 by the SupervisoryBoard of the Company a positive opinion to the motion of ManagementBoard concerning distribution of Company's profit for 2016 amounting toPLN 207,056 thousand. The Management Board recommended assigning PLN71,171,107.70 for payment of the dividend amounting to 1.10 PLN per oneshare and assigning remaining part of the profit to Company'ssupplementary capital.

Pursuant to § 38 Section 1 Item 11 of the Ordinance of the Minister ofFinance of February 19, 2009 regarding current and periodicalinformation disclosed by issuers of securities and conditions forrecognizing as equivalent information required by the laws of anon-member state (consolidated text: Dz. U. of 2014, Item 133).

May 9, 2017