Changes to the Composition of the Company’s Supervisory Board

Current report No. 30/2015 of September 2, 2015
Wednesday, September 2, 2015

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”) hereby informs that on September 2, 2015, the Extraordinary General Meeting of Shareholders dismissed Ms. Barbara Karczyńska and appointed Mr. Tomasz Zganiacz as Member of the Supervisory Board.

Tomasz Zganiacz graduated as an engineer and also obtained an MBA. He is a highly qualified manager with significant experience in restructuring and efficiency improvements, as well as advanced investment valuation tools. He has been responsible for finance management, investment projects and development strategies. Since 2009 he is a director at the Ministry of Treasury responsible for capital market transactions and ownership supervision. Prior to 2009, Tomasz Zganiacz was the CEO of Triton Development, a real estate development company listed on the Warsaw Stock Exchange. He has also been a deputy CEO and finance director of Arksteel (also a listed company), a credit department manager at Societe Generale, and a member of the academic and teaching staff of the Institute of Production Systems at the Warsaw University of Technology. He was also engaged in the asset management of Poland’s National Investment Funds programme. Tomasz Zganiacz has taken part in numerous projects across different sectors in cooperation with commercial and investment banks, brokerage houses and other capital markets players. Tomasz has extensive supervisory board experience, among others as a member of the boards of the Warsaw Stock Exchange, PZU and PKO BP (Poland’s largest insurance company and bank respectively).

Mr. Tomasz Zganiacz declared that he has full capacity to perform legal transactions, he complies with the restrictions and bans on performing functions in companies’ governing bodies and bans on competition, resulting from legal regulations and he has not been convicted of any of the offences listed in Chapters XXXIII–XXXVII of the Civil Code Act of June 6, 1997 (Journal of Laws of 1997 No. 88, item 553, as amended) and in Article 587, 590 and 591 of the Commercial Companies Code Act of September 15, 2000 (Journal of Laws of 2013, item 1030, as amended).

Legal basis:
Article 5.1.22 and Article 28 of the Regulation of the Minister of Finance of February 19, 2009 on current and periodic information published by issuers of securities and the conditions of recognizing information required by the regulations of non-member states as equivalent.

Signatures of the Company’s representatives:
Artur Lebiedziński – President of the Management Board
Włodzimierz Stasiak – Member of the Management Board for Finance