Current Report No. 15/2017

Subject: Information on newly-appointed Management Board Members – supplement to Current Report No. 12/2017

Legal basis: Article 56 Sec. 1 Item 2 of the Act on Offerings – current and periodic information.

The Management Board of ENERGA SA (“Company”) hereby publishes information about the Company’s Management Board Members appointed on 1 and 2 March 2017 by the Company’s Supervisory Board.

Daniel Obajtek – President of the Management Board

Since 1999 he has been active in private companies in which he served for 7 years in management and directorship roles; he also co-founded one company. Local and self-government activist. From 2002 to 2006 he was a town council member in the Municipality of Pcim. After that, from 2006 to 2015 he served as its mayor. During his 9-year term of office, he successfully pursued many development initiatives. He implemented solutions contributing to leveling educational standards in schools, he implemented EU-funded household computerization projects and he organized training courses and workshops for less affluent households. He successfully ran many infrastructural investments.  In 2015 he began his tenure as the President of the Agriculture Restructuring and Modernization Agency, the largest payment agency in Europe with more than 11 thousand employees in Poland’s 16 regions. He streamlined the Agency’s processes related to spending roughly PLN 25 billion per annum in EU and domestic funds. He ran its organizational reform and optimized its operating expenses. He rationalized the Agency’s employee salaries and he engaged in talks with the trade unions, thereby bringing to an end a collective labor dispute that had persisted for many years. In 2016 he set up the Offsite Sub-Department of the IT Department to cut IT expenses and thereby terminate the Agency’s dependence on third party companies. Since 2016 he has also acted in the capacity of the Supervisory Board Chairman of LOTOS-Biopaliwa Sp. z o.o. and Supervisory Board member of DALMOR S.A. He has won many awards, including first place in the EURO GMINA plebiscite and second place in the plebiscite for the Best Small Community Mayor in the Małopolski Region. He also won recognition as a Local Personality in the Myślenice District and a Social Care Leader. In 2016 he took first place in Gazeta Bankowa’s plebiscite to name the Leaders of Thriftiness in Poland in the category Newcomer of the Year in 2016. He co-authored the publication entitled „Repolonization of Poland” and „European Union Funds as a Factor Enhancing Competitiveness and the Quality of Life in the Rural Areas of the Podkarpacie Region”. In February 2017, the Company’s Supervisory Board adopted a resolution to appoint him to the Management Board in its fifth term of office, entrusting him to serve in the capacity of the CEO of Energa SA.

Alicja Barbara Klimiuk – Vice-President of the Management Board for Operations

She graduated from the Management Department of the University of Gdansk. She completed the Post-Graduate Course in Management at the Warsaw School of Economics and the Post-Graduate Course in Controlling in Corporate Management at the University of Gdańsk. She has many years of professional experience in commercial law companies with the State Treasury stake, including Energa SA as the President of the Management Board. In the period of consolidating the Energa Group with the Ostrołęka Power Plant Complex, she oversaw the process of separating the distribution system operator, establishing an electricity trading company and restructuring the Energa Group subsidiaries. In 2006-2007, she also served as a member of Supervisory Boards of companies such as: Towarowa Giełda Energii S.A. in Warsaw, Zespół Elektrowni Ostrołęka S.A. and Cergia Energetyka Toruńska S.A. In the period from 1992 to 1998, as the Vice-President of the city of Suwałki, she oversaw the areas of finance, infrastructure investments, geodesy, zoning management and public utility companies. From 1998 to 2006, she was the President and Vice-President of the Special Economic Zone in Suwałki responsible, among others, for overseeing infrastructure construction and development on the Special Economic Zone site and monitoring compliance of the businesses with their permits. In the period from 2008 to 2013, she ran her own business, providing investment advice and consulting on the reports on the environmental impact of investment projects. Since 2014, she has been the Director of the Technology Transfer Center at the Higher Vocational School of prof. Edward F. Szczepanik in Suwalki, where she executed projects co-funded by the EU focusing on the research and development work for businesses and the transfer of technology from academic centers to the economy.

Mr. Daniel Obajtek and Ms. Alicia Barbara Klimiuk are not engaged in any business competitive to that of ENERGA SA, do not participate in any competitive entity as a partner in a civil law company or partnership or as a member of a corporate body of a joint stock or limited liability company and do not participate in any other competitive legal person as a member of its corporate authority, or are listed in the Register of Insolvent Debtors kept pursuant to the National Court Register Act.

The Company provided the CV of Mr. Jacek Kościelniak in its current report no. 1/2017 of 3 January 2017.