Ronson Europe : Report No 2 Management and Supervisory Boards’ recommendations regarding the payment of dividend

Current Report No. 2/2017 Date: 18 January 2017

Abbreviated name of the Issuer: Ronson Europe N.V.

Subject: Management and Supervisory Boards' recommendations regarding the payment of dividend

Legal basis: § 38 (1) (11) of the Regulation of the Minister of Finance on Current and Interim Reports dated 19 February 2009 in connection to Article 56 section 8 of the Public Offering Act.

The Report:

The Board of Managing Directors of Ronson Europe N.V. (the "Company") states that on 18 January 2017 the Board of Supervisory Directors issued a positive opinion on the Board of Managing Directors' motion regarding the recommendation put forward to the Extraordinary General Meeting of Shareholders of the Company in respect of the payment of interim dividend for the financial year 2016 in the amount of PLN 0.09 per share.

The Board of Managing Directors of the Company under clause 30.5 and 30.8 of the Company's articles of association, proposed on 18 January 2017 to the Board of Supervisory Directors and to the Extraordinary General Meeting of Shareholders of Ronson Europe N.V. to dedicate interim profits of the first three quarters of 2016 (in the amount of PLN 10,825,000) and a part of the retained earnings reserve of the Company in the amount of PLN 3,935,974, which jointly gives a total amount of PLN 14,760,974 for paying out an interim dividend for FY 2016 and to declare an interim dividend in cash of PLN 0.09 per ordinary share. Number of shares to be included in the interim dividend payment: 164,010,813. The shares that Company purchased in purpose of redemption (108.349.187), which was announced in the current report 38/2016 of 23 December 2016, are not included in the interim dividend payment.

The Board of Managing Directors notes that the free reserves of the Company are sufficient to allow for an interim dividend distribution in the amount of PLN 14,760,974, which is evidenced by the Balance Sheet of the Company as of 30 September 2016.

The Board of Managing Directors proposes to determine the dividend date 17 March 2017 and the dividend payment date as 23 March 2017, to be payable through the National Depositary of Securities S.A. (Krajowy Depozyt Papierów Wartościowych S.A.) with its registered seat in Warsaw.