The Spanish Government has enacted a number of legal measures aimed at addressing issues arising from the COVID-19 pandemic. Specifically Royal Decree-Law 8/2020 of March 17 (as amended) contains significant provisions dealing with companies’ obligations with regard to the holding of AGM’s and the approval of the 2019 financial statements, among which:

• The maximum term for the holding of the yearly AGM (and therefore the approval of the 2019 financial statements) has been extended from June 30 to October 31, 2020.
• The AGM’s may be held through video conferencing or other remote means provided shareholder identification is guaranteed.
• The apportionment of results section of financial statement approved by the Board and audited during the COVID-19 emergency period (including the dividend proposal) may be modified prior to the AGM.

As of today S.A. DAMM has decided not to hold its AGM before July 1, 2020, the exact date for the 2020 AGM (which in any event must be held no later than October 31, 2020), remains under discussion. S.A. DAMM is currently assessing whether to make use of any of the other special provisions.

Therefore the financial statements you are going access have not been approved yet by S.A. DAMM shareholder’s Assembly General Meeting.