Current report no: 40/2021
The Management Board of Boryszew S.A. (the Issuer) informs that on 14 October 2021 Hutmen Sp. z o.o. in liquidation (Hutmen) – indirect subsidiary of Boryszew S.A. – received a decision of the Head of the Małopolska Customs and Fiscal Office in Kraków (Office) of 14 October 2021 on securing on Hutmen’s assets the state budget liabilities associated with pending customs and fiscal proceedings on the correctness of VAT settlements of Hutmen for the period January 2015 – June 2015 in the total amount of PLN 11.7 million (no decision has yest been issued by the Office in the proceedings determining the amount of Hutmen’s liability).
This decision is not final. Given the different assessment of the above circumstances, Hutmen will use the available appeal means to challenge the above decision of the Office.
Information on pending tax proceedings against Hutmen was included in the Issuer’s periodic reports. The decision of the Head of the Małopolska Customs and Fiscal Office of 16 December 2020 determining Hutmen’s outstanding VAT liabilities for the first half of 2015 in the amount of PLN 7.8 million plus interest on tax arrears was repealed by the Head the Fiscal Administration Chamber in Wrocław, who referred the case for reconsideration.
Legal attitude: Article 17 section 1 MAR – Confidential information.
Signatures:
Wojciech Kowalczyk – President of the Management Board
Translation from the original Polish version.
In the event of differences resulting from the translation, reference should be made to the official Polish version.