Further to Current Report No. 14/2015 of May 29th 2015 on the appointment of Mr Paweł Olechnowicz as President of the Management Board of Grupa LOTOS S.A. (the ‘Company’, the ‘Issuer’), the Company announces that today the Supervisory Board closed the procedure to appoint Vice-Presidents of the Management Board of Grupa LOTOS S.A. of the ninth joint term of office.
On June 26th 2015, the Supervisory Board resolved to appoint the following persons to serve as Vice-Presidents on the Management Board of Grupa LOTOS S.A. of the ninth joint term of office:
- Mr Mariusz Machajewski, as Vice President of the Management Board
- Mr Zbigniew Paszkowicz, as Vice President of the Management Board
- Mr Marek Paweł Sokołowski, as Vice President of the Management Board
- Mr Maciej Szozda, as Vice President of the Management Board
The eighth term of office of the Management Board expires on June 28th 2015. The ninth term of office will begin on June 29th 2015
Mr Mariusz Machajewski
He has held the position of Vice-President of the Management Board of Grupa LOTOS S.A. since June 19th 2006, when he was appointed by the Supervisory Board to the Management Board of the sixth term. In 2009 and 2012 he was re-appointed Vice-President of the Board by the Company’s Supervisory Board.
Since 2006, he has served as Deputy Chairman of the Supervisory Board of LOTOS Paliwa Sp. z o.o., and since 2010 − as Chairman of the Supervisory Board of RCEkoenergia Sp. z o.o.
Mr Machajewski has also been member of the Supervisory Board of Stowarzyszenie Emitentów Giełdowych (Polish Association of Listed Companies) since 2013.
He is mainly in charge of, and takes responsibility for, the overall management of the Company’s economic, financial and accounting activities, as well as all matters related to its asset base and restructuring processes. In addition, he also exercises supervision over matters related to the formulation of corporate guidelines and standardisation of procedures related to the conclusion of agreements, selection and evaluation of trading partners, as well as development of IT systems and telecommunication services.
Mr Machajewski is a graduate of the Faculty of Economics at Gdańsk University. He also attended a number of courses in management and economics in Poland and abroad.
Mr Zbigniew Paszkowicz
Mr Paszkowicz has held the position of Vice-President of the Management Board of Grupa LOTOS S.A. since June 28th 2012, when he was appointed by the Supervisory Board to the Management Board of the eighth term.
In October 2012, he was appointed President of the Management Board of LOTOS Petrobaltic S.A. and since January 2013 has served on the Board of Directors of LOTOS E&P Norge AS.
He is in charge of, and takes responsibility for, the overall management of the Group’s exploration and production segment. As part of this role, he is charged with the oversight of companies in that segment.
In 1989, Mr Paszkowicz completed mechanics studies at the Ship-building Institute of the Gdańsk University of Technology. Graduate of Ecole Nationale Superieure du Petrole et des Moteurs, where in 1991 he obtained engineer’s diploma at the Faculty of Petroleum and Internal Combustion Engines.
Mr Marek Paweł Sokołowski
He has served as Vice-President of the Management Board of Grupa LOTOS S.A. since April 19th 2002, as member of the Management Boards of the fourth, fifth, sixth, seventh and eighth term.
Between 2002 and 2009, he was the Chairman of the Supervisory Board of LOTOS Kolej Sp. z o.o. Since May 2005, he has served as Chairman of the Supervisory Board of LOTOS Terminale S.A. (formerly LOTOS Czechowice S.A.) and since December 2010 − as Chairman of the Supervisory Board of LOTOS Biopaliwa Sp. z o.o.
Management of production, technical, and technology development units; investments related to technical and technological development; supervision of the processing business in the LOTOS Group.
Mr Sokołowski graduated from Gdańsk University of Technology (Faculty of Electrical Engineering), completed a post-graduate course in industrial investments and a number of management courses in Poland and abroad.
Mr Maciej Szozda
Mr Szozda has served as Vice-President of the Management Board of Grupa LOTOS S.A. since July 1st 2009, as member of the Management Boards of the seventh and eighth terms.
Since August 2009, he has chaired the Supervisory Board of LOTOS Paliwa Sp. z o.o., and since December 2010 he has served as Deputy Chairman of the Supervisory Board of LOTOS Biopaliwa Sp. z o.o.
Overall management of and responsibility for marketing, procurement and distribution processes at the LOTOS Group. He is also charged with oversight of companies allocated to the LOTOS Group’s marketing segment.
Maciej Szozda graduated from the Warsaw School of Economics (Faculty of Trade). In 1980, he began work at PHZ Labimex. In 1983−1984, he was Managing Director at KMW Engineering. Then, until 1986, he worked in the United States as contract manager. In 1986, he joined Przedsiębiorstwo Zagraniczne Ipaco, where he held the position of Director, and in 1987−1989 he was Export Manager for Sinexim Gmbh of West Berlin. From 1989, he operated as a sole trader, working for Easy Garments UK Ltd. (Easy Jeans) as Head of its Representative Office for Poland and the CIS countries. In 2002, he joined PKN Orlen S.A., where he served as (in chronological order) Director of the Retail Network Planning and Development Office, Director of the Retail Network Development Office – Europe, and Retail Sales Executive Director. From October 2008 to February 2009, Mr Szozda was a member of the Supervisory Board of Orlen Deutschland AG. From 2007 to March 2009, he served as a member and then President of the Management Board of AB VENTUS NAFTA of Vilnius, a company of the ORLEN Group.
The individuals are not entered in the Register of Insolvent Debtors maintained pursuant to the National Court Register Act and do not conduct any activities competitive to the Issuer’s business. They are not partners in any partnership under civil law or other type of partnership competitive to Grupa LOTOS S.A., or members of a governing body of any competitive company or other legal entity.
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.