Appointment of Vice President of Grupa LOTOS Management Board
Report no. 2/20212021-01-22

Following the completion of the recruitment procedure for the position of Vice President of the Management Board of Grupa LOTOS S.A. (the “Company”) of the 10th joint term of office, the Company announces that on January 22nd 2021 the Supervisory Board appointed Mr Krzysztof Nowicki as Management Board Vice President for Mergers and Acquisitions, with effect from January 26th 2021.

Mr Krzysztof Nowicki is a graduate of the Faculty of Law and Administration of the Adam Mickiewicz University of Poznań. He has also completed postgraduate studies in company law at the University of Łódź. He holds the professional title of legal counsel. He was awarded MANAGER AWARD 2018. Mr Nowicki was the founder of and partner in a law firm specialising in labour, civil and administrative law. In 2010, he became Head of the Legal Department of PGE Górnictwo i Energetyka Konwencjonalna of Bełchatów, and then Management Board Vice President for Corporate Affairs and Asset Management. He was also Chairman of the GKS Bełchatów football club. In 2016, he was appointed President of the LOTOS Oil Sp. z o.o. Management Board. In 2018-2020, he additionally served as Head of Corporate Affairs at Grupa LOTOS S.A. Since 2020, has been Head of Strategy and Investors Relations at Grupa LOTOS S.A. and Chairman of the Supervisory Boards of LOTOS Asfalt, LOTOS Infrastruktura, and RCEkoenergia. He acts in an advisory capacity for the purposes of important investment projects and organisation development.

Mr Krzysztof Nowicki has made a statement to the effect that he is not entered in the Register of Insolvent Debtors maintained under the Act on the National Court Register, he is not involved in any activity competing with Grupa LOTOS S.A.’s business, neither is he a partner in any partnerships, or member of corporate bodies of any corporations, or member of governing bodies of any other legal entities competing with Grupa LOTOS S.A.

This current report is published pursuant to Par. 5.5 of the Minister of Finance’s Regulation on current and periodic information to be published by issuers of securities and conditions for recognition as equivalent of information whose disclosure is required under the laws of a non-member state, dated March 29th 2018.