12.3.2 Agreement with social partners

On January 10th 2022, agreements were signed setting out the terms and conditions on which certain employees will be transferred outside the LOTOS Group after the sale of assets covered by the remedial measures (see Note 2.1). The documents were signed by: the Management Board of Grupa LOTOS S.A., the Management Boards of the LOTOS Group companies covered by the remedial measures and representatives of trade unions willing to act as social partners in this process. Consequently, after the end of the reporting period, a PLN 41.3m provision was recognised for payment of benefits stipulated in the agreements.

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