Annual Report 2010

2010 ANNUAL REPORT r INFORMATION FOR SHAREHOLDERS Dear Shareholders, Under the separate financial statements prepared in line with IFRS, the company's results of operations for 201 Orepresent profit in the amount of EUR 9,853,677.32, i.e. EUR 4.13 per share. The company's Board of Directors propose that the General Meeting approve the payment of dividends to the company'sshareholders. We appreciate your confidence and the trust you have expressed in Železiarne Podbrezová a.s. to date. Proposed Distribution of Profit far 201 O (Presented at the Annual General Meeting held on 20 June 2011) (IFRS) EUR 9 853 677.32 DISTRIBUTION - Mandatory allotment to the reserve fund 10% - Payment of dividends to shareholders (EUR 3.00 per share) - Royalties - Transfer to retained earnings from previous years Balance of the retained earnings from previous years after distribution of profil EUR 985 367.73 EUR 7 152 405.00 EUR 600 OOO.DO EUR 1115 904.59 EUR 78 737 887.14 Note: This proposal will be presented for approval only after receiving a written approval trom the bank institutions that participate in the company's funding. 1