PL
Integrated
Report 2021

37.7.3 Risk of damage to third parties

Business activities are associated with the risk of causing damage to third parties. Such a case may occur as a result of direct damage done to a third party during their visit at the Group production facilities as well as a result of defective operation of products manufactured by the Group. The shares of Grupa Kęty S.A. are quoted at Warsaw Stock Exchange, therefore, a damage caused to the Company due to wrong decisions of the Management Board (and consequently, a possible decrease in the share price) may result in the shareholders’ claims to remedy the damage or reimburse the profits lost by shareholders. The risk is covered with a third-party liability insurance, extended for product liability and product recall clauses.