Introduction

In connection with the publication of the periodic reports, the Company organized conferences for investors and analysts, each time attended by several dozen representatives of the capital market and media. It was also possible to participate in these events on-line in Polish and English or listen to them by phone. In addition, the possibility to follow them at a later date was provided. Thanks to this, all interested parties were guaranteed equal access to the information.

Besides meetings accompanying the publication of the periodical reports, in 2019 members of the Management Board and representatives of the Investor Relations Team took part in more than a dozen conferences and roadshows, during which several dozen meetings with managers and capital market analysts were held. The representatives of TAURON met with institutional investors not only in Poland, but also in Austria and the Czech Republic.

An initiative that was positively received by the investor community was to organize, in cooperation with the PKO BP Brokerage House, the Institutional Investor Day. As part of the event, several dozen fund managers visited the construction site of the largest investment project of the TAURON Group, i.e. a 910 MW generating unit in Jaworzno. In addition, the representatives of the management staff of the TAURON Group presented to the participants of the Institutional Investor Day selected issues related to the Generation and Distribution Segments.

In 2019, similarly as in the previous years, TAURON also participated in the events addressed to the individual investors. The Company was, inter alia, a partner of the “WallStreet” conference in Karpacz organized by the Association of Individual Investors. As part of the regular communication with this sizeable group of investors, 4 chats with the representatives of the Management Board took place in 2019, with approximately one hundred individual investors taking part each time.

In connection with the growing role of the online channels and the social media, much emphasis was placed on their development with respect to the communication with the investors. Broadcasts of events important for the investors were provided via the YouTube service: earnings conferences, General Meetings, investor days and comments of the President of the Management Board on the financial results. Announcements of significant events, in turn, were published by the Company on Facebook. TAURON also has a corporate profile on Twitter, where entries related to, among others, investor relations appear. Being aware of the fact that the website is a significant source of information for the investors, in particular, the Investor Relations tab, the Company takes care of its content and validity of the content provided there. The Investor Relations section contains a lot of useful information on the TAURON Group’s current events, financial results or strategy. It also provides presentations and video broadcasts of conferences summarizing the financial results.