Best Practices Report

STATEMENT ON THE APATOR COMPLIANCE WITH THE CORPORATE GOVERNANCE RECOMMENDATIONS AND PRINCIPLES CONTAINED IN THE BEST PRACTICE FOR GPW LISTED COMPANIES 2016 - download pdf

STATEMENT OF APPLICATIONS OF CORPORATE GOVERNANCE STANDARDS ACCORDING TO THE ANNUAL REPORT OF GPW GROUP FOR 2014

The statement of Apator SA on compliance with the rules of “Best Practice of WSE Listed Companies” obligatory since the 1st January 2013

The Executive Board of Apator SA declares that since the 1st January 2013, the Company complies with the rules of “Best Pratice of WSE Listed Companies” being the appendix to the Resolution of Warsaw Stock Exchange Council no 19/1307/2012 dated the 21st November 2012 excluding the following:

- rule I.12 in the scope to provide the shareholders with the possibility to vote personally or through the plenipotentiary during the General Meeting outside the venue of General Shareholders Meeting using electronic communication means
- rule IV.10 in the scope concerning participation of shareholders in General Shareholders Meeting with use of electronic communication means through:

1) real - life broadcast of General Meetings,

2) real - time bilateral communication where shareholders may take the floor during a General Meeting from a location other than the General Meeting.

The Executive Board of Apator SA made the above decision due to lack of interest of the shareholders in such solutions and the necessity to bear extra costs by the Company.
In order to make able the shareholders to familiar with the run of the debate, the Company makes records of the run of the debate on video tape and makes it public on website of Apator SA: http://www.apator.com