Current Report No. 31/2015

Subject: Changes in the Management Board and the Supervisory Board of ENERGA SA

Legal basis: Art. 56 section 1 point 2 of the Act on Offerings – current and periodic information

The Management Board of ENERGA SA („Company") reports that on 29 December 2015 the Supervisory Board dismissed from the Management Board as of 3 January 2016 Mr. Seweryn Piotr Kędra, performing the function of Vice President for Financial Matters.

Simultaneously the Supervisory Board appointed the following persons to the Management Board for the 5th term as of 4 January 2016:

1. Dariusz Kaśków, for the function of President of the Management Board of ENERGA SA,
2. Mariusz Rędaszka, for the function of Vice President for Financial Matters (CFO) of the Management Board of ENERGA SA,
3. Roman Pionkowski, for the function of Vice President for Strategy and Investments of the Management Board of ENERGA SA.

Simultaneously Mr. Roman Pionkowski tendered his resignation from membership in the Supervisory Board of ENERGA SA as of 3 January 2016.

The Supervisory Board decided to close the proceedings for the Vice President for Corporate Matters of the ENERGA SA Management Board with no result.

After conducting the qualification process the Supervisory Board expressed opinion that the appointed persons have knowledge, skills and capabilities to the extent required to perform the entrusted functions.

Information on the appointed Members of the Management Board of ENERGA SA, as required by the law will be provided in the form of an individual current report at a later date.

Legal basis: § 5 sec. 1 point 22 of the Decree of the Minister of Finance dated 19 February 2009 regarding current and periodic information published by issuers of securities and conditions for recognizing as equivalent information required by the laws of a non-member state (unified text: Journal of Laws 2014.133)