CORPORATE GOVERNANCE
CORPORATE GOVERNANCE
GENERAL MEETING OF SHAREHOLDERS
Dividend
2020
2019
2018
2017
2016
2015
2014
2013
Notice on convening the General Meeting
Form
General Meeting Resolutions
Shareholders Meetings webcasts

CORPORATE GOVERNANCE

INCENTIVE SCHEME

Due to the change of control, i.e. the decrease in direct and indirect holdings of the Patron Capital Group in the Company below the 25% total voting rights, all warrants issued before the change of control became immediately exercisable under section 8.3 of the Rules of the Incentive Scheme. Therefore, pursuant to Resolution No. 16/06/2019 of June 20th 2019, the Incentive Scheme for members of the Management Board and Secondary Eligible Persons was closed.  

DIVIDEND PAID OR DECLARED

The Management Board of Capital Park S.A. with its registered office in Warsaw (the "Company") informs that on 16 April 2020 we adopted a resolution on making a recommendation to the Ordinary General Meeting of the Company to pay dividend for the financial year 2019 in the amount of PLN 2.10 per share, i.e. a total of PLN 227,501,395.80. 

DIVERSITY POLICY

Diversity, openness, mutual respect and trust are values of key importance to the Capital Park Group’s business. The Group is guided by the principle of equal treatment of all employees and supports measures to prevent any form of discrimination, actively seeking to increase diversity and ensure equal opportunities for professional development among employees, which translates into higher productivity and development of the Group. The Management Board places particular emphasis on creating work environment in which employees, regardless of any differences between them, can fully utilise their potential. The Group recruits staff based solely on whether they meet the requirements for the relevant post with respect to expertise, professional track record, and educational background.  The Group employs both women and men of various ages, based on candidates’ merits only. The Management Board and Supervisory Board include members qualified in such areas as law, economics and finance, with diverse professional experience. As at December 31st 2019, the Management Board was composed of one woman and two men, while the Supervisory Board comprised three women and three men. The key management staff, i.e. directors of investment, finance, accounting, legal, construction, commercial lease, office lease, real estate management and investor relations departments, includes six women and three men.  Women represent 60% of the Capital Park Group’s employees.

STRATEGY

The Capital Park Group’s objectives include maximizing of the value of existing projects, unlocking the accumulated value of its portfolio through partial sale of stabilized assets and gradual cash distributions to shareholders as well as acquisition of new projects to drive further growth.

FINANCIAL HIGHLIGHTS

Financial Highlights 2013-2017 Download

STATEMENT

A statement on the company's compliance with the corporate governance recommendations and principles contained in Best Practice for GPW Listed Companies 2016 Download

STANDING ORDER

Powers and responsibilities of individual Management Board members Jan Motz, President of the Management Board and CEO, is primarily responsible for formulating the strategy and defining development directions for the Group, identifies new investment projects, and oversees investor relations, project preparation, development and commercialisation, focusing in particular on office projects. Marcin Juszczyk, Member of the Management Board and CIO/CFO, helps formulate the strategy, identifies new investment projects, oversees investment planning and preparation, M&A transactions and finance, and is responsible for investor relations. Kinga Nowakowska, Member of the Management Board and COO, oversees property management, retail property commercialisation, investor relations, marketing, and development of the Company’s proprietary ‘Office Plus’ concept. She is also the CEO of ArtN.
Standing Order of the Supervisory Board Download
Standing Order of the Management Board Download

STATUTE

Articles of Association Capital Park SA Download

REPORT ON COMPLIANCE WITH CORPORATE GOVERNANCE RULES

Report on compliance with corporate governance rules in the year 2017 Download
Report on compliance with corporate governance rules Download

AUDITOR

Information on the lack of a rule regarding the change of an entity authorized to audit financial statements of the Capital Park S.A. The Company does not have a rule outlining the principle for changing the entity authorized to audit its financial statements. According to § 25 section 2, point 6) of the Articles of Association of the Capital Park S.A., appointment of an expert auditor to perform an audit of the financial statements is in the competence of the Supervisory Board

2020

18.05.2020

Notice on convening the General Meeting Download

SUPERVISORY BOARD RESOLUTIONS

The Supervisory Board’s assessment of the report on the operations of Capital Park S.A. and the financial statements of Capital Park S.A. for 2019 within the scope of their compliance with the books, documents and with the facts. Download
The Supervisory Board’s assessment of the report on the operations of the Capital Park Group and the consolidated financial statements of the Capital Park Group for 2019 within the scope of their compliance with the books, documents and with the facts Download
Report on assessment of the Management Board's proposal concerning manner of distribution of the Company's profit for the financial year 2019 Download
Assessment by the Supervisory Board of the standing of CAPITAL PARK S.A. in 2019 Download
Report on the Supervisory Board's operations in 2019, to be presented to the Annual General Meeting of Capital Park S.A. of Warsaw Download
Assessment of Capital Park S.A.‘s compliance in 2019 with the disclosure obligations Download

Dividend

PROCEDURE FOR PAYMENT BY CAPITAL PARK OF THE DIVIDEND IN EURO FOR 2019:
Management Board resolution on the adoption of the procedure for payment of the dividend in euro by Capital Park (PL)
Download
Annex No. 1 to the resolution of the management board regarding the adoption of the procedure for payment by Capital Park of the dividend in euro (PL) Download
Annex No. 2 to the resolution of the management board regarding the adoption of the procedure for payment by Capital Park of the dividend in euro (ENG) Download
SCHEDULE FOR PAYMENT BY CAPITAL PARK OF THE DIVIDEND IN EURO (PL & ENG) Download