An Extraordinary General Shareholders’ Meeting of BEST S.A. is scheduled for 26 March this year to vote on key resolutions regarding the company’s merger with Kredyt Inkaso S.A. Shareholders of the Gdynia-based company will decide on the issuance of shares for Kredyt Inkaso shareholders, as well as proposed amendments to the statute of BEST S.A., among other matters.

According to the merger plan, all assets of Kredyt Inkaso S.A. will be transferred to BEST S.A. in exchange for newly issued shares. On 26 March this year, BEST S.A. shareholders will vote on a capital increase of nearly PLN 5.83 million through the issuance of 5,828,535 shares, allocated to Kredyt Inkaso shareholders. The exchange ratio has been set at 0.67537 shares of BEST S.A. for each share of Kredyt Inkaso S.A., with an additional cash payment to settle fractional shares. The newly issued shares will represent 20.5% of the increased capital of BEST S.A.

In addition to the resolutions on the merger and share capital increase, the General Shareholders’ Meeting will also vote on a proposed amendment to the Company’s Statute. This amendment will not only reflect the planned capital changes but also introduce personal entitlements for WPEF VI Holding 5 B.V., the largest shareholder of Kredyt Inkaso, in accordance with the investment agreement between the merging companies and their key shareholders.

– We are taking another significant step toward the merger of our two companies. We are confident that the proposed merger between BEST and Kredyt Inkaso will receive strong support from the majority of BEST S.A.’s co-owners. I firmly believe this move will unlock new business opportunities, create value for shareholders, and drive further growth. With over PLN 1 billion in net assets, a geographically diversified business model, and an ambitious strategy to leverage advanced technologies, this merger marks the beginning of an exciting new chapter in the history of BEST S.A., says Krzysztof Borusowski, President of the Management Board and the main shareholder of BEST S.A.

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Information on BEST S.A.

BEST Capital Group is one of the largest debt collection companies in Poland, and it invests actively in portfolios of non-performing debts using investment funds. BEST S.A. has been listed at the Warsaw Stock Exchange (GPW) since 1997.

BEST, as a member and co-founder of the Association of Financial Companies in Poland, and a co-founder and moderator of the Good Debt Collection Practice actively contributes to the development and shaping of the claims market in Poland.

For more information, visit www.best.com.pl or contact us: