logo

Changes in the Articles of Association of Grupa LOTOS SA
Report no. 96/20052005-07-29

In relation to item 5 of the agenda of the Extraordinary General Meeting of Grupa LOTOS SA scheduled for 23 August 2005, the Management Board of Grupa LOTOS SA publishes the text of the proposed changes to the articles of association and the draft consolidated articles of association. 1) in §3 section 1 of the Articles of Association, item 80 is added in the following reading: "80) Other wholesale (PKD 51.90.Z)" 2) the content of §12 section 2 of the Articles of Association is deleted and the new content is added in the following reading: „2. The manner of convening meetings of the Supervisory Board is stipulated in the Regulations of the Supervisory Board." 3) in §12 section 4 of the Articles of Association, after the words "With reservation to the content of" the words "§9" are deleted and the words "§14" are entered in their place. 4) the content of §13 section 1 of the Articles of Association is deleted and the new content is added in the following reading: „1. The Supervisory Board adopts the regulations which define its organisation, manner of convening its meetings, and the manner of performing its duties". 5) in §16 section 6 of the Articles of Association: - in item 1, after the words "on the Company's operations", the words "and the report on the operations of the Company's Management Board" are entered, - in item 2, after the words "financial statement", the words "of the Company" are deleted and the words "of the capital group" are entered.