The Management Board of Budimex S.A. with its registered office in Warsaw (01-204 Warsaw), ul. Siedmiogrodzka 9, a company entered into the register of entrepreneurs kept by the District Court for the city of Szczecin. St. 1764, with a share capital of PLN 127,650,490, paid in full, NIP 526 10 03 187, hereby convenes the Annual General Meeting (hereinafter abbreviated as the AGM) to be held on 23 May 2024. at 10.00 a.m. at the Company’s headquarters in Warsaw at ul. Siedmiogrodzka 9 (floor 3, room 3.01, part of the building to the left of the reception). The agenda is as follows:

1. Opening of the Annual General Meeting.
2. Election of the Chairman of the Annual General Meeting.
3. Confirmation of the correctness of convening the Annual General Meeting and its ability to adopt resolutions.
4. Election of the Ballot Counting Committee.
5. Adoption of the agenda.
6. Presentation and consideration of the report on the activities of the Budimex Group and Budimex S.A. for 2023, the financial statements of Budimex S.A. for the year ended 31 December 2023 together with the report on the audit of the annual financial statements of Budimex S.A. for the year ended 31 December 2023 and the consolidated financial statements of the Budimex Group for the year ended 31 December 2023 together with the report on the audit of the annual consolidated financial statements for the year ended December 31, 2023.
7. Presentation and consideration of the report on non-financial information of Budimex S.A. for 2023 and the report on non-financial information of the Budimex Group for 2023.
8. Presentation of the Supervisory Board’s report on the remuneration of members of the Management Board and the Supervisory Board for 2023.
9. Presentation and consideration of the report of the Supervisory Board of Budimex S.A., containing the results of the assessment of the Management Board’s reports on the activities and financial statements for the financial year 2023 and the Management Board’s proposal regarding the distribution of profit, as well as the assessment of the Company’s standing.
10. Presentation of the draft remuneration policy for members of the Management Board and Supervisory Board of Budimex S.A. together with the recommendation of the Company’s Supervisory Board regarding its adoption by the Ordinary General Meeting.
11. Adoption of resolutions on:
    11.1 consideration and approval of the report on the activities of the Budimex Group and Budimex S.A. for 2023,
    11.2 consideration and approval of the report on non-financial information of Budimex S.A. for 2023,
    11.3 consideration and approval of the report on non-financial information of the Budimex Group for 2023,
    11.4 review and approval of the financial statements of Budimex S.A. for the year ended 31 December 2023,
    11.5 review and approval of the consolidated financial statements of the Budimex Group for the year ended 31 December 2023,
    11.6 profit distribution for 2023,
    11.7 granting discharge to members of the Management Board of Budimex S.A. for the performance of their duties in 2023,
    11.8 consideration and approval of the report on the activities of the Supervisory Board of Budimex S.A. for 2023,
    11.9 giving an opinion on the report of the Supervisory Board of Budimex S.A. on the remuneration of members of the Management Board and the Supervisory Board of the Company,
    11.10 granting discharge to members of the Supervisory Board for the performance of their duties in 2023,
    11.11 adoption of the remuneration policy for members of the Management Board and Supervisory Board of Budimex S.A.

12. Closing of the General Meeting.

Acting on the basis of Art. 402 [2] of the Commercial Companies Code, the Management Board of Budimex S.A. hereby informs the shareholders of the procedures that will be applied in connection with the AGM, with regard to participation in the AGM and the exercise of voting rights:

1. Shareholder’s right to request that certain matters be placed on the agenda of the AGM:

A shareholder or shareholders representing at least one-twentieth of the share capital may request that certain items be placed on the agenda of the AGM. The request should be submitted to the Management Board no later than twenty-one days before the scheduled date of the AGM. The request should include a justification or a draft resolution concerning the proposed item of the agenda. The request may be submitted in writing at the Company’s registered office (address: Budimex S.A., 9 Siedmiogrodzka Street, 01-204 Warsaw) or in electronic form to the e-mail address walnezgromadzenie@budimex.pl

The request should be accompanied by documents confirming the right to submit it, which means that the shareholder or shareholders referred to in the first paragraph of this point should/should prove that they hold the appropriate number of shares as at the date of submitting the request by attaching, for example, a registered deposit certificate or a certificate issued by the entity maintaining the securities account. In the case of natural persons, a copy of the shareholder’s identification document (a copy of an identity card, passport or other document allowing to identify the shareholder) must be attached. In the case of entities other than natural persons, an extract from the relevant register must be attached.

The Management Board shall immediately, but not later than eighteen days before the scheduled date of the AGM, announce on its website and in the form of a current report changes to the agenda introduced at the request of the shareholders.

Based on principle 4.6. second sentence of the Code of Best Practice for WSE Listed Companies 2021 (“Code of Best Practice 2021”), the Management Board will ask the shareholder(s) to present the justification for the proposed resolution, unless it has been previously presented by them. In accordance with principle 4.8. Best Practice 2021, the draft resolution and justification should be presented by the shareholder/shareholders no later than 3 days before the date of the AGM so as to make it easier for the shareholders participating in the AGM to vote on the resolutions with due consideration.

2. Shareholder’s right to propose draft resolutions concerning matters included in the agenda of the AGM or matters to be included in the agenda before the date of the AGM:

A shareholder or shareholders representing at least one-twentieth of the share capital may, before the date of the AGM, notify the Company in writing to its registered office (address: Budimex S.A., 9 Siedmiogrodzka Street, 01-204 Warsaw) or by means of electronic communication (the above-mentioned Siedmiogrodzka 9, 01-204 Warsaw). e-mail address walnezgromadzenie@budimex.pl) draft resolutions concerning matters included in the agenda of the AGM or matters to be included in the agenda. The Company will immediately announce the draft resolutions on its website.

The draft resolutions should be accompanied by documents confirming the right of the shareholder or shareholders to submit the above-mentioned drafts, which means that the shareholder or shareholders referred to in the first paragraph of this point should/should prove that they hold the appropriate number of shares as at the date of submitting the request by attaching, for example, a registered deposit certificate or a certificate issued by the entity maintaining the securities account. In the case of natural persons, a copy of the shareholder’s identification document (a copy of an identity card, passport or other document allowing to identify the shareholder) must be attached. In the case of entities other than natural persons, an extract from the relevant register must be attached.

Based on principle 4.6. and 4.8. The draft resolution with the justification should be presented by the shareholder/shareholders no later than 3 days before the date of the AGM, so as to make it easier for the shareholders participating in the AGM to vote on the resolutions with due consideration.

3. Shareholder’s right to submit draft resolutions concerning matters included in the agenda during the AGM:

Each shareholder may submit draft resolutions concerning matters included in the agenda during the AGM.

4. The manner of exercising the voting right by the proxy, including in particular the forms used during voting by the proxy, and the method of notifying the Company by electronic means of communication about the appointment of the proxy:

A shareholder will be able to participate in the AGM and exercise the right to vote in person (in this case, natural persons should present documents confirming their identity, e.g. ID card, passport; representatives of shareholders other than natural persons should present current excerpts from relevant registers listing the persons authorized to represent these entities who will appear at the AGM as representatives of these shareholders) or by proxy.

A proxy for the AGM may be, in particular, a member of the Management Board, a member of the Supervisory Board, an employee of Budimex S.A. or a member of the governing bodies or an employee of a subsidiary of Budimex S.A. In such a case, the power of attorney may authorise representation at only one general meeting and the granting of a further power of attorney is excluded. The proxy is obliged to disclose to the shareholder the circumstances indicating the existence or possibility of a conflict of interest. Such a proxy votes in accordance with the instructions given by the shareholder.

A shareholder may not vote either personally or by proxy when adopting resolutions concerning his liability to the company on any account, including granting discharge, release from liability to the Company and a dispute between him and the Company. A shareholder may vote as a proxy when adopting resolutions concerning him/her referred to in the preceding sentence. In this case, the rules described in the previous subparagraph shall apply accordingly.

A proxy exercises all the rights of a shareholder at the AGM, unless the wording of the power of attorney states otherwise.

The proxy may grant a further power of attorney if it results from the content of the power of attorney, which, as indicated above, does not apply to a situation in which the proxy is a member of the Management Board, a member of the Supervisory Board, an employee of Budimex S.A. or a member of the governing bodies or an employee of a subsidiary of Budimex S.A.

A proxy may represent more than one shareholder and vote differently from each shareholder’s shares.

A shareholder holding shares recorded in an omnibus account may appoint separate proxies to exercise the rights attached to the shares recorded in this account.

A shareholder holding shares registered in more than one securities account may appoint separate proxies to exercise the rights of the shareholder
from the shares recorded in each of the accounts.

A power of attorney to participate in the AGM and exercise the right to vote must be granted in writing or in electronic form by sending a power of attorney to the e-mail address walnezgromadzenie@budimex.pl

If the power of attorney is granted in writing, the attorney-in-fact should present the original power of attorney together with documents confirming the authorization of the signatories of the power of attorney to grant it before the commencement of the AGM and, in the case of a series of powers of attorney, together with documents confirming the authorization of the signatories of the powers of attorney to grant subsequent powers of attorney (e.g. copies of relevant registers, identity documents, subsequent powers of attorney).

Granting a power of attorney in electronic form does not require a qualified electronic signature.

A power of attorney in electronic form should be formulated in a separate document signed by the shareholder or a person authorized to represent the shareholder, sent as an attachment in PDF format, not protected by a password to the e-mail address of walnezgromadzenie@budimex.pl Obligatorily, along with the electronic power of attorney, documents confirming the right of a given shareholder to participate in the AGM must be sent, as well as relevant documents (ID card, passport, current excerpt from the relevant register, a series of powers of attorney – as in the case of a power of attorney granted in writing – the rules described above) confirming the right of the person signing the power of attorney to represent the shareholder. The notice of granting a power of attorney should include the shareholder’s telephone number and e-mail address, as well as the telephone number and e-mail address of the proxy, through which Budimex S.A. will be able to communicate with the shareholder and the proxy.

According to Art. 412[1] § 5 of the Commercial Companies Code Budimex S.A. will take appropriate steps to identify the shareholder and the proxy in order to verify the validity of the power of attorney granted in electronic form. As a consequence, before sending the power of attorney in electronic form to the address indicated above, the shareholders of Budimex S.A. should take action in accordance with point 14 below,
and moreover, the power of attorney sent in electronic form must be delivered to the above-mentioned e-mail address by 22 May 2024 at the latest. by 3.00 p.m. (i.e. be in the inbox of Budimex S.A.).

The above rules regarding the granting of a power of attorney in writing or in electronic form apply accordingly in the event of revocation of a power of attorney.

Sending the above-mentioned documents to the above-mentioned e-mail address does not exempt the proxy from the obligation to present documents to identify the proxy when preparing the attendance list of shareholders entitled to participate in the AGM.

Budimex S.A. reserves that in the event of any doubts, it may request that the originals of the documents in question or their copies certified by a notary or another entity authorised to certify as true copies be presented before the commencement of the AGM session. If they are not presented, the attorney-in-fact may not be allowed to participate in the AGM.

The forms referred to in Article 402 [2] item 2 letter d of the Commercial Companies Code, are available on the Company’s website in the General Meetings of Budimex S.A. tab from the date of convening the AGM. Budimex S.A. is not obliged to control whether proxies exercise their voting rights in accordance with the instructions they received from their principals who are shareholders, including those contained in the above forms.

5. Pursuant to Article 402[2] item 2 letters (e) – (g) of the CCC in conjunction with Article 406[5] § 1 of the CCC and Article 411[1] § 1 of the CCC, the Management Board of Budimex S.A. informs that it will not be possible: (i) to participate in the AGM using electronic means of communication, in particular it will not be possible to have two-way communication in real time in which it would be possible to speak during the General Meeting, when staying in a place other than the place of the AGM, and it will not be possible to exercise the right to vote in person or by proxy before or during the General Meeting using electronic means of communication, (ii) exercising the right to vote by correspondence (the Rules of Procedure for the General Meeting of Budimex S.A. do not provide for the possibility of casting votes at the General Meeting by correspondence).

6. Shareholder’s right to ask questions regarding matters included in the agenda of the General Meeting:

A shareholder has the right to ask questions regarding matters included in the agenda of the AGM.

A shareholder’s question including a request for information about the Company may be presented during the AGM, if such a request is justified for the assessment of the matter included in the agenda. The Management Board of the Company may provide information in writing outside the AGM if there are important reasons for doing so, provided that the information is provided no later than within two weeks from the date of filing the request during the AGM.

A response is deemed to have been given if the relevant information is available on the Company’s website in a designated area for shareholders to ask questions and respond to them.

The Management Board refuses to provide information if it could cause damage to the Company, its related company or subsidiary, in particular by disclosing technical, commercial or organizational secrets of the company.

A Management Board Member may refuse to provide information if providing information could give rise to criminal, civil or administrative liability.

7. Voting on resolutions adopted at the AGM will be carried out with the use of wireless remote controls. Persons entitled to participate in the AGM are asked to
to register and download voting pilots directly in front of the meeting room one hour before the start of the meeting.

8.Date: 07 May 2024 is the date of registration of participation in the AGM (“Registration Date”). Only persons who are shareholders of Budimex S.A. on the Registration Date have the right to participate in the AGM (Article 406 [1] paragraph 1 of the Commercial Companies Code). The date of registration of participation in the general meeting is uniform for holders of rights under bearer shares and registered shares. Pledgees and usufructuaries who have voting rights have the right to participate in the AGM if the establishment of a limited right in rem in their favour is registered in a securities account on the date of registration of participation in the AGM.

9.Na request of the holder of rights under the shares of Budimex S.A. and the pledgee or user who has the right to vote, submitted not earlier than after the announcement of the convening of the AGM and not later than on the first business day after the Registration Day, the entity maintaining the securities account shall issue a personal certificate of eligibility to participate in the AGM. At the request of the holder of the shares, pledgee or user, the certificate should indicate a part or all shares registered on the securities account. The certificate contains:

1) business name (name), registered office, address and stamp of the issuer and the number of the certificate;

2) the number of shares;

3) a separate designation of shares (code) referred to in Art. 55 Act of 29 July 2005. on trading in financial instruments;

4) business name (name), registered office and address of Budimex S.A.;

5) the nominal value of the shares;

6) name and surname or business name (name) of the holder of the shares, pledgee or user;

7) registered office (place of residence) and address of the holder of the shares, pledgee or user;

8) the purpose of issuing the certificate;

9) a mention of who has the right to vote from the shares;

10) date and place of issuing the certificate;

11) signature of the person authorized to issue the certificate.

10. The list of shareholders entitled to participate in the AGM will be made available for inspection by shareholders three weekdays before the AGM is held at the headquarters of Budimex S.A. in Warsaw at ul. Siedmiogrodzka 9, floor 8, room 8.08 (Monday – Wednesday from 9.00 to 16.00). A shareholder may request that the list of shareholders be sent to him free of charge to the address for electronic delivery or by e-mail, providing the address to which the list should be sent. Shareholders are advised to download the issued certificate of eligibility to participate in the AGM and to check whether the shareholder has been included in the list of shareholders entitled to participate in the AGM.

11.Pe The full text of the documentation to be presented to the AGM and the draft resolutions are available to persons entitled to participate in the AGM from the date of the announcement of the convening of the AGM at the registered office of Budimex S.A. in Warsaw at ul. Siedmiogrodzka 9, floor 8, room 8.08, Monday to Thursday from 9.00 a.m. to 4.00 p.m., on Friday from 9.00 a.m. to 2.00 p.m., as well as on the Company’s website (www.budimex.pl in particular in the General Meetings of Budimex S.A. tab).

Documents corresponding to the content of the Management Board’s report on the Company’s operations, the financial statements, the Supervisory Board’s report and the audit report will be issued to the shareholder at his request, which may be submitted from the date of convening the AGM. The Company will make available the above-mentioned documents immediately, no later than within two working days from the date of filing the request. At the request of the shareholder, the documents will be made available in electronic form, including by means of electronic communication.

12. The address of the website where information regarding the AGM is made available is www.budimex.pl

13. The Ordinary General Meeting will be broadcast via the Internet at a special address indicated on the website of Budimex S.A. (www.budimex.pl).

14. In all of the above. cases before the shareholder uses the e-mail address in connection with the AGM

walnezgromadzenie@budimex.pl

shareholder delivers to the Company its registered office in Warsaw, ul. Siedmiogrodzka 9, a statement bearing his handwritten signature or the signature of a person authorized to represent the shareholder, indicating the e-mail address from which messages will be sent to the above-mentioned address. the Company’s e-mail address.
It is obligatory to deliver documents confirming that he is in fact a shareholder of the Company, as well as appropriate documents (a current extract from the relevant register) confirming the right of the person signing the statement to represent the shareholder.

In the event of a breach of the obligation referred to in this item 14, messages and statements sent to the above-mentioned e-mail address of Budimex S.A. will not be taken into account.

Documents sent to the above-mentioned The e-mail address should be sent in PDF format in Polish or with a certified translation into Polish.

Risks associated with the use of the above-mentioned electronic form of communication is the responsibility of the shareholder.

15. Information on the processing of personal data is available on the website of Budimex S.A. at the following address:

https://www.budimex.pl/pl/zrownowazony-rozwoj/bezpieczenstwo_informacji/certyfikaty/1371.html

or in the form of a pdf file on the website www.budimex.pl in the tab of the Ordinary General Meeting of Budimex S.A. – 23.05.2024 item Information obligation of Budimex S.A.

The Management Board of Budimex S.A.