APPOINTMENT OF THE MANAGEMENT BOARD OF POLENERGIA S.A. FOR A NEW TERM

The Management Board of Polenergia S.A. (the “Issuer” or the “Company”) hereby informs that on 24 September 2024 the Supervisory Board of the Company adopted resolutions on the appointment of the following individuals to the Company’s Management Board:

1)         Mr. Adam Purwin, entrusting him with the function of President of the Company’s Management Board (CEO);

2)         Mr. Andrzej Filip Wojciechowski, entrusting him with the function of First Vice-President of the Company’s Management Board responsible for developmental affairs (CDO);

3)         Mr Piotr Tomasz Sujecki, entrusting him with the function of Second Vice-President of the Company’s Management Board responsible for financial affairs (CFO); and

4)         Mr. Łukasz Buczyński, entrusting him with the function of member of the Company’s Management Board responsible for operational affairs (COO).

The members of the Company’s Management Board were appointed for a joint three-year term of office commencing from the day after expiration of the current Management Board’s term, i.e., 1 January 2025.

In connection with the appointment of the Company’s new Management Board members, the terms of office of all current members of the Company’s Management Board will expire at the end of the current three-year term, i.e. 31 December 2024.

Mr. Adam Purwin stated that: (i) he is engaged in the following activities in addition to those the Issuer: (a) he is a member of the Management Board of the VC Fund at Nunatak Capital sp. z o.o.; (b) he is a member of the Management Board of Statxplorer sp. z o.o.; (c) he is the liquidator of PV1 sp. z o.o. in liquidation; and (d) he is a member of the Supervisory Board of KFB ACOUSTICS sp. z o.o. (e) he conducts individual business activity; (ii) he is not engaged in any activities that are competitive with the Company; (iii) he is not a partner in a civil partnership or partnership company that competes with the Company and is not a member of a body of a capital company that competes with the Issuer or of a body of any other legal entity that competes with the Issuer, except for serving as the liquidator of PV1 sp. z o.o. in liquidation; and (iv) he is not entered in the Register of Insolvent Debtors maintained pursuant to the Act of August 20, 1997, on the National Court Register (“Register of Insolvent Debtors”).

Mr. Andrzej Filip Wojciechowski stated that: (i) he is engaged in the following activities in addition to those the Issuer: (a) he is a member of the Management Board in the companies MFW Bałtyk I S.A., MFW Bałtyk I sp. z o.o., MFW Bałtyk II sp. z o.o., OWF Bałtyk III sp. z o.o.; (b) he is a member of the Supervisory Board of Polenergia Obrót S.A. and Polenergia Fotowoltaika S.A., (c) he operates a simplified business activity registered in Portugal with NHR status, (d) he is a member of the Board of Directors in the companies: Kulczyk Holding Sàrl, Ukraine Power Bridge Company Ltd, DK Private Office AG, KH Real Estate AG; (ii) he is not engaged in any activities that are competitive with the Company; (iii) he is not a partner in a civil partnership or partnership company that competes with the Company and is not a member of a body of a capital company that competes with the Issuer or of a body of any other legal entity that competes with the Issuer; and (iv) he is not entered in the Register of Insolvent Debtors.

Mr. Piotr Tomasz Sujecki stated that: (i) he is engaged in the following activities in addition to those the Issuer: (a) he is a member of the Management Board in Światłowód Inwestycje sp. z o.o.; (b) he operates an individual business activity PARC ONE CONSULT Piotr Sujecki (suspended), (ii) he is not engaged in any activities that are competitive with the Company; (iii) he is not a partner in a civil partnership or partnership company that competes with the Company and is not a member of a body of a capital company that competes with the Issuer or of a body of any other legal entity that competes with the Issuer; and (iv) he is not entered in the Register of Insolvent Debtors.

Mr. Łukasz Buczyński stated that: (i) he is engaged in the following activities in addition to those the Issuer: (a) he operates an individual business activity RIPPLE MARKS – Łukasz Buczyński (suspended), (ii) he is not engaged in any activities that are competitive with the Company; (iii) he is not a partner in a civil partnership or partnership company that competes with the Company and is not a member of a body of a capital company that competes with the Issuer or of a body of any other legal entity that competes with the Issuer; and (iv) he is not entered in the Register of Insolvent Debtors.

Information about the education, qualifications and career history of the Management Board members is presented in the appendix to this current report.

legal basis: § 5, point 5) of the Regulation of the Minister of Finance dated March 29, 2018, on current and periodic information published by issuers of securities and on conditions under which such information may be recognized as being equivalent to information required by the regulations of law of a state which is not a member state (Journal of Laws of 2018, item 757, as amended)