# Capital group composition:
The dominant entity
URSUS BUS SA
URSUS DYSTRYBUCJA SP. Z OO
URSUS SP. Z OO
AIU + SP. Z OO
URSUS SA in Lublin is a subsidiary of POL-MOT Holding SA in Warsaw. POL-MOT Holding SA owns 27,554,830 shares of URSUS SA (together with related companies REO sp. Z oo Inwestycje SKA, POL-MOT AUTO SA and Invest-Mot sp. Z o. O.), Which constitutes 46.56% of the total number votes at the General Meeting of the Company.
URSUS BUS SA (a subsidiary) with its registered office in Lublin was established on 24/04/2015. Shareholders of the abovementioned the companies are the Issuer, which holds 71% of shares and INVEST-MOT sp. z oo, which holds 29% of shares. The duration of the company is unlimited, and the main activity of the company is the production and sale of buses and trolleybuses.
The establishment of URSUS BUS SA is the result of the implementation of the Issuer's Management Board's strategy to increase the activity of the URSUS brand on the market of buses, trolleybuses and electric buses. The buses, trolleybuses and electric buses produced by URSUS BUS SA are a response to the growing demand for innovative and ecological means of communication.
URSUS Dystrybucja sp. Z o. O. (A subsidiary) with its registered office in Lublin was established on December 11, 2017 with the transformation of LZM3 sp. Z oo with its registered office in Lublin.
On November 6, 2017, the Issuer's subsidiaries - URSUS Zachód sp. Z oo with headquarters in Koszalin and URSUS Wschód sp. Z o. O. With headquarters in Lublin with LZM3 sp. Z oo in Lublin were merged. As a result of the above, URSUS SA, as a partner in the acquired companies, became a partner in LZM3 sp. Z oo
On December 11, 2017, the Extraordinary General Meeting of LZM3 sp. Z oo adopted a resolution to increase the share capital of the company from PLN 8,901,100 to PLN 16,900,100. URSUS SA has acquired 80,000 new shares in LZM3 sp. Z oo, which were fully covered by a cash contribution of PLN 8,000,000.
On the same day, the Extraordinary General Meeting of LZM3 sp. Z oo adopted a resolution to change the company's name to URSUS Dystrybucja sp. Z oo. The above changes were registered in the National Court Register on January 8, 2018.
Currently, the main partners of Ursus Dystrybucja sp. Z o. O. Are URSUS SA, holding 96% of shares, Karol Nowe (2% of shares) and Marzena Nowe (2% of shares).
Ursus sp. Z oo (a subsidiary)
On February 18, 2016, URSUS SA established the company URSUS sp. Z oo with its registered office in Lublin, in which it acquired 100% of shares. On April 5, 2016, the Company was registered in the National Court Register under KRS No. 0000610381. The main business of the company is wholesale of agricultural machinery and equipment.
AIU + sp. Z oo (a subsidiary)
On 2 January 2017, a notarial deed was signed, under which the company AIU + sp. Z o. O. With headquarters in Lublin was established. URSUS SA took up 24% of shares in the newly created entity. The subject of activity of AIU + sp. Z oo are financial and consulting services as well as scientific research and development works.
(updated on 07/02/2018)