ANNUAL REPORT 2020

INFORMATION FOR SHAREHOLDERS Dear Shareholders, Under the Company’s separate financial statements prepared in line with IFRS, the Company’s 2020 result of operations was a loss after tax of EUR 3 010 511, ie EUR -1.3 per share. The Board of Directors proposes that the General Meeting do not pay dividends to the Company’s shareholders or royalties to members of the Board of Directors and the Supervisory Board due to the negative results for 2020 and the current uncertain market and economic situation caused by the pandemic. In this way, the Board of Directors seeks to support the financial stability of the Company in the current circumstances. We appreciate your confidence and the trust you have expressed in Železiarne Podbrezová a.s. to date.