Report 8/2022Recommendation of the Management Board regardingthe level of dividend payment for 202127-05-2022

TheManagement Board of STS Holding S.A. (the _quot;Company_quot;) informs that on May25 this year the General Meeting of the Subsidiary, i.e. STS S.A.,adopted a resolution on the payment of the remaining part of the netprofit for 2021 in the amount of PLN 85,871,021.17 in the form ofdividend for the sole shareholder - STS Holding S.A., which will takeplace by June 27, 2022. In connection with the above, the ManagementBoard of the Company will decide to pay the shareholders of STS HoldingS.A. an advance on dividends for 2022 after the publication and approvalof the summary consolidated financial statements as on June 30, 2022.

TheManagement Board of the Company also explains that the amount of profitto be paid for the financial year 2021 in the amount of PLN58,096,100.09 is the equivalent of the advance paid to the Company bySTS S.A. against the dividend for 2021, i.e. PLN 67,454,043.94, lesscosts, including those related to IPO. Information on the payment of anadvance by STS S.A. to the sole shareholder - STS Holding S.A. wasincluded in Supplement No. 1 to the Offering Memorandum of November 24,2021.

Therefore,the Management Board of STS Holding S.A. - bearing in mind the interestsof the Company's shareholders - on May 25, 2022, adopted a resolutionconcerning recommendation to the General Meeting of the distribution ofnet profit achieved by the Company for the financial year 2021 in theamount of PLN 58,096,100.09 in the following manner:

1)the amount of PLN 53,221,885.72 to be allocated to the payment ofdividends for the Company's shareholders;

2)the amount of PLN 4,874,214.37 to be allocated to the Company'ssupplementary capital in accordance with the mandatory provisions of law;

TheManagement Board's proposal was approved by the Supervisory Board of theCompany at the meeting on May 26, 2022, however, the final decisionregarding the distribution of profit for the year ended December 31,2021, including the possible payment of the dividend and its amount,will be made by the Ordinary General Meeting of the CompanyLegalbasis:Art.17. sec. 1 of MAR - confidential information