Appointment of members of the Supervisory Board of Grupa LOTOS S.A. - additional information and update
Report no. 31/20162016-06-29

Further to Current Reports No. 27/2016 and 29/2016 of June 28th 2016, Grupa LOTOS S.A. (the “Company”) hereby publishes a biographical note on Ms Beata Kozłowska-Chyła and other legally required information on the newly appointed members of the Supervisory Board of Grupa LOTOS S.A.  of the ninth joint term of office: Ms Agnieszka Szklarczyk-Mierzwa, Ms Beata Kozłowska-Chyła and Mr Mariusz Golecki.

Moreover, by way of an update of Current Report No. 27/2016, the Company informs that the correct surname of one of the newly appointed Supervisory Board members is Agnieszka Szklarczyk-Mierzwa, not Agnieszka Stolarczyk-Mierzwa, as was stated in the report.

Ms Beata Kozłowska-Chyła holds a higher PhD degree in law and is a lecturer at the Faculty of Law and Administration of the University of Warsaw, from which she graduated.
In 1994−1997, she completed legal training leading to formal qualification as a legal counsel and was entered in the list of legal counsels maintained by the District Chamber of Legal Counsels in Warsaw.
In the course of her career, she served as acting Director of Przedsiębiorstwo Państwowe Uzdrowisko Konstancin of Konstancin-Jeziorna, a state-owned medical spa company.
She also worked as Deputy Head of the Legal and Licensing Department at the Pension Fund Supervisory Authority (UNFE). In addition, Ms Kozłowska-Chyła served as an advisor to the Minister of Finance. She was a member of the Supervisory Board of PZU SA (Poland’s leading insurance group), and then a member of its Management Board. Furthermore, she served as a member of the Supervisory Boards of investment fund management company TFI PZU SA and pension fund company PTE PZU SA, and also as a member of the Supervisory Board of Polish national television company Telewizja Polska S.A. She provided legal advisory services at a Legal Counsel’s Office. Since 2010, she has been a Recommended Arbitrator at the Arbitration Court of the Polish Chamber of Commerce in Warsaw. She has authored numerous publications on company law, securities law, ownership transformation and privatisation of state-owned enterprises. She has also prepared expert legal opinions commissioned by the Polish Parliament, including on a draft bill on financial market supervision.
She has a teaching job at the Faculty of Law and Administration of the University of Warsaw.
Currently, she serves as a member of the Management Boards of PZU SA and PZU Życie SA. In addition, she is a member of the Audit Committee of the Polish Insurance Association.

Profiles of the other Supervisory Board members will be published in another current report.

The Company announces that, according to their representations, Ms Agnieszka Szklarczyk-Mierzwa, Ms Beata Kozłowska-Chyła and Mr Mariusz Golecki have not been entered in the Register of Insolvent Debtors maintained under the Act on the National Court Register, they are not involved in any activity competing with Grupa LOTOS S.A.’s business, neither are they partners in any partnerships, or members of corporate bodies of any corporations, or members of governing bodies of any other legal entities competing with Grupa LOTOS S.A.
This current report is published pursuant to 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.