The Management Board of Grupa LOTOS S.A. ("the Company") hereby reports that on June 27th 2011 the following persons were appointed to the Supervisory Board of the eighth term of office:
- Małgorzata Hirszel – Member of the Supervisory Board,
- Oskar Pawłowski – Member of the Supervisory Board,
- Michał Rumiński – Member of the Supervisory Board,
- Ewa Sibrecht-Ośka – Member of the Supervisory Board,
- Rafał Wardziński – Member of the Supervisory Board,
- Leszek Starosta – Member of the Supervisory Board.
Also, in reference to Current Report No. 17/2011 of June 22nd 2011, the Management Board of the Company reports that Mr Wiesław Skwarko was appointed Chairman of the Supervisory Board of Grupa LOTOS S.A.
Mrs Małgorzata Hirszel is a graduate of the Warsaw University, Faculty of Law and Administration; she also completed a post-graduate programme in European Studies at the Warsaw University, Faculty of Journalism and Political Sciences. Currently Mrs Hirszel is pursuing doctoral studies at the Institute of Legal Sciences of the Polish Academy of Sciences. In 2000, she joined the Chancellery of the Prime Minister, where she was the Chief Specialist/Counsel to the Head of the Chancellery until 2002, and then Counsel to the Vice-President and President of the Council of Ministers (the Prime Minister) at the Economic and Social Department (later transformed into the Council of Ministers Committee Department). In 2002–2006, Mrs Hirszel served as Acting Deputy Head of the Economic Division of the Council of Ministers Committee Department, and then as Acting Head of the Programme Department of the Chancellery. In 2007, she became Head of the Council of Ministers Committee Department and Secretary of the Council of Ministers Standing Committee. In 2002, she passed an examination for candidates for supervisory board members in State Treasury companies.
Mr Oskar Pawłowski is a graduate of the Faculty of Law and Administration at the Adam Mickiewicz University of Poznań (1998). In 1999, Mr Pawłowski was awarded a diploma of Cambridge University, majoring in British and EU law; in 2006, he completed legal counsel training held by the Board of the District Chamber of Legal Counsels in Poznań and was entered in the list of legal counsels. Currently, Mr Pawłowski is Managing Partner at Oskar Pawłowski i Wspólnicy Sp. k. law firm; earlier he was a lawyer at Włodzimierz Głowacki law firm (2003–2007), D. Janczak i Wspólnicy Sp. k. / Domański Zakrzewski Palinka Sp.k. – Ernst & Young Law Alliance – Energy Group (2002–2003), Głowacki, Grynhoff, Hałaziński s.j law firm (2000–2002). Mr Pawłowski has over 10 years of experience in legal counsel services. He specializes in the regulatory environment of the energy sector and in legal services for real estate trade and investment processes. He has extensive experience in corporate law, mergers and acquisitions. He authored the following papers: “Rights of Electricity Consumers and Methods of Their Protection” in Rynek Energii (2/2009); “Legal Due Diligence of Real Estate” in Inwestor (1/2010). He is also Energy Arbitrator at the Arbitration Court of the Chamber of Industrial Power and Energy Customers. Fluent speaker of English.
Mr Michał Rumiński– holds a master’s degree in law and administration from Warsaw University (1998), master’s degree in economics from the Warsaw School of Economics (2003), and an MBA degree from University of Chicago, Booth School of Business (2009). Since 2007, Mr Rumiński has been associated with MCI Euroventures (investment fund), holding the following positions: Investment Partner, Member of the Management Board of ABC Data Holding S.A., President of the Management Board and Managing Partner of Cleantech Venture Partners, Member of the Supervisory Board of Grupa Lew Sp. z o.o. In 2000–2007, Mr Rumiński worked for the KBC Group as Corporate Finance Director; in 2004, Mr Rumiński served as Head of the Investment Banking Division at Kredyt Bank S.A.; in 2000–2004, he was employed as Project Manager at Kredyt Bank S.A.’s Investment Banking Department; prior to that, in 1999–2000 he worked as specialist at the Capital Markets Department of Bank Współpracy Europejskiej S.A. Fluent speaker of English. Mr Rumiński is the author of the following publications: “The 1997 Currency Crisis vs. Restructuring of the Financial and Corporate Sectors in South Korea”, Narodowy Bank Polski (September 2004); “Free Flow of Capital in the European Community”, INFOR (February 2000).
Mr Rafał Wardziński holds a master’s degree from the Jean Monnet European Integration Department of the University of Szczecin. He completed supplementary studies at the Faculty of Law of the University of Liège, Belgium, and was awarded a scholarship funded by the European Commission. In 2003–2004, Mr Wardziński was employed at the European Integration Department of the Marshal’s Office of the Province of Szczecin. Then, in 2004–2007, he worked as a consultant for the European Parliament Committee on Industry, Research and Energy in Brussels. From 2007 to 2008, he held the position of Director of the Regional Office of the Province of Szczecin in Brussels. Since 2008, he has worked at the Polish Ministry of State Treasury, currently as Deputy Director of the Department of Strategic Companies. He served as Chairman of the Supervisory of PERN Przyjaźń and Member of the Supervisory Board of Kopalnie i Zakłady Chemiczne Siarki Siarkopol S.A. Currently, he serves on the Supervisory Board of Operator Gazociągów Przesyłowych GAZ–SYSTEM S.A. Fluent speaker of English and French.
Mrs Ewa Sibrecht- Ośka graduated from the Law Department at the University of Łódź. She has practiced as a legal counsel since 1994, having completed her legal counsel training in Warsaw. From 1991 to 2001 she was employed at the Legal Department of the Ministry of Finance. In the same period, she was employed at a bank (1992–1995), at Baker McKenzie law firm (1995–1996), at Cavere law office (1998–2001), and at the Office of the Committee for European Integration (2000–2001). In 2001–2006, she worked for Nafta Polska S.A. In 2007, she worked as a legal counsel at the Corporate Supervision Department of the Capital City of Warsaw Municipal Office. From November 2007, Ms Sibrecht-Ośka served as a legal counsel to the Minister at the Department of Corporate Supervision and Privatisation I of the Ministry of State Treasury; from May 2009 she was Head of the Department of Analyses of the Ministry of State Treasury, and since December 2010 she has served as Head of the Department of the Corporate Supervision of the Ministry of State Treasury. Mrs Ewa Sibrecht-Ośka participated in the work on the draft Tax Advisory Services Act and on the Act on Compensation Proceedings at Entities of Particular Importance to the Polish Shipyard Industry. She also participated in the preparation of Grupa LOTOS S.A. to the listing on the stock exchange and in the process of privatisation of the Polish Heavy Chemical Sector, and more specifically in the project involving preparation of the sale of shares in the Heavy Chemical Sector companies, which included receipt of pre-privatisation analyses, work on agreements with the privatised companies, and negotiation of agreements with investors, including negotiation of public assistance issues.
Mr Leszek Starosta is a graduate of the Faculty of Law and Administration at the Adam Mickiewicz University of Poznań; Professor Extraordinary, Doctor of Law, Dean of the Faculty of Law and Rector responsible for development at the Higher School of Law and Diplomacy in Gdynia, Head of the Institute of European Studies in Gdynia. In 1991–2000, Mr Starosta was advisor to the Management Board of Rafineria Gdańska S.A. From 1995 to 1998, he served as advisor and consultant to the President of the Management Board of Petrochemia Płock S.A. He has authored over 20 studies and analyses on the oil and fuel sector, prepared for various entities, including public administration agencies. In 1998–2007, he was Member and Deputy Chairman of the Supervisory Board of Prokom Software S.A. In 2008–2011, he served as Deputy Chairman of the Supervisory Board of Grupa LOTOS S.A. He is also an attorney and a member of the Council of the Bar in Gdańsk. Moreover, Mr Starosta is Vice-President of the Employers of Poland organization, and member of the Sports Court of Arbitration at the Polish Olympic Committee.
According to their representations, Ms Małgorzata Hirszel, Mr Oskar Pawłowski, Mr Michał Rumiński, Ms Ewa Sibrecht-Ośka, Mr Rafał Wardziński and Mr Leszek Starosta are not entered in the Register of Insolvent Debtors, maintained pursuant to the Act on the National Court Register, and are not engaged in any activities competitive with the Company’s business, and they are not partners in any partnerships under civil law or other partnerships engaged in activities competitive with the Company's business, nor are they members of governing bodies of incorporated companies or other legal entities engaged in activities competitive with the Company's business.
The legal basis for the publication of this Current Report is Par. 5.1.22 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 February 19th 2009.