Legal basis:
Article 56.1.2 of the Act on Public Offering – current and periodical information
The Management Board of Polski Holding Nieruchomości S.A. (the “Company” or “Issuer”) hereby informs that under resolution adopted on December 21, 2015, the Supervisory Board delegated, as of December 21, 2015, the President of the Supervisory Board, Izabela Felczak-Poturnicka to temporarily perform the duties of the President of the Management Board for a period not exceeding 3 months, and Member of the Supervisory Board, Zbigniew Kulewicz, to temporarily perform the duties of the Vice-President of the Management Board for a period not exceeding 3 months.
Mrs. Felczak-Poturnicka has been Member of the Supervisory Board of Polski Holding Nieruchomości S.A. since April 29, 2011. She's President of the Supervisory Board from July 28, 2015.
Mrs. Felczak-Poturnicka has worked in the Ministry of Treasury since 2005. She has held various positions at the Department of Financial Institutions, Department of Ownership Supervision and Privatization II and Department of Key Companies. Since April 2012, she is Head of the Division of Financial Institutions of the Department of Capital Markets, where she is responsible for coordinating supervision over financial institutions and privatization. She has lead the IPO GPW S.A. and JSW S.A., PGE (ABB) and PKO BP (ABB) privatization projects, and participated in IPO PZU S.A.
Mrs. Felczak-Poturnicka has a degree in Economics of the Department of Foreign Trade and Global Economy of the Łazarski University in Warsaw, and a PhD degree in Management at Finance of the Warsaw School of Economics. She has also completed postgraduate studies in company valuation methods at the Warsaw School of Economics. Since 2005, she is Member of the Information and Organization Center for the Research on Public Finances and Tax Law in the Countries of Central and Eastern Europe by the Department of Law of the University of Białystok. She has also authored and co-authored studies in economics.
Mrs. Felczak-Poturnicka declared that she engages in no competitive business outside the Company and that she does not participate in any competitive entities as a shareholder in a civil law partnership or other partnership, or a member of a governing body of a company, and that she does not participate in any competitive legal entity as a member of its governing body.
Mrs. Felczak-Poturnicka also declared that she is not listed in the Register of Insolvent Debtors, maintained under the National Court Register Act of August 20, 1997 (Journal of Laws of 2007 No. 168, item 1186, as amended).
Zbigniew Kulewicz was appointed as Member of the Supervisory Board of PHN S.A. on December 21, 2015. He has also been President of the Management Board of the real estate management company „Nasz Dom” Sp. z o.o. since 2011. From 2005 to 2008, he was employed at PKO BP S.A., fulfilling the following functions: Managing Director of the Administration Center (where his responsibilities included managing the bank’s real estate and movable property), Advisor to the President of the Management Board, Coordinator (Co-author) of the nationwide program of modernizing bank buildings.
In 2005, when serving as President of the Management Board of the housing association “TBS Bemowo Sp. z o.o.” in Warsaw, he supervised the construction of a residential estate. In 2002–2004, he worked as Branch Office Director at Wojdyła Budownictwo Sp. z o.o. The results of the Branch Office significantly contributed to the company’s victory in the nationwide ranking of the most dynamic companies Gazela Biznesu 2003 (Business Gazelle 2003). Until 2002, he was Liquidator and Receiver of state-owned enterprises. For many years, until 2000, he worked at the Lower Silesian Voivodeship Office in Wrocław, where he was responsible for ownership supervision and ownership changes in many enterprises, and for managing enterprise privatization projects.
Mr. Kulewicz is a graduate of the Faculty of Mining of the Wrocław University of Technology. He has also completed a series of training courses in enterprise management, company liquidation and reconstruction, finances for managers, and business negotiations. He has authored and co-authored numerous studies for the Minister of Treasury on the economic condition and privatization possibilities of enterprises, and on restructuring programs.
The Supervisory Board granted Mr. Kulewicz permission for serving as President of the Management Board of Nasz Dom Sp. z o.o.
Mr. Kulewicz declared that, apart from the activities specified in the preceding sentence, he engages in no competitive business outside the Company and that he does not participate in any competitive entities as a shareholder in a civil law partnership or other partnership, or a member of a governing body of a company, and that he does not participate in any competitive legal entity as a member of its governing body.
Mr. Kulewicz also declared that he is not listed in the Register of Insolvent Debtors, maintained under the National Court Register Act of August 20, 1997 (Journal of Laws of 2007 No. 168, item 1186, as amended).
Legal basis:
Art. 5.1.22 of the Regulation of the Minister of Finance of February 19, 2009 on current and periodical information published by issuers of securities and the conditions of recognizing information required by the regulations of non-member states as equivalent (Journal of Laws [Dz.U.] 2014, item 133).
Signatures of the Company’s representatives:
Izabela Felczak-Poturnicka – Member of the Supervisory Board, delegated to temporarily perform the duties of the President of the Management Board
Zbigniew Kulewicz – Member of the Supervisory Board, delegated to temporarily perform the duties of the Vice-President of the Management Board
