Appointment of Member of the Supervisory Board

Current report No. 44/2015 of December 21, 2015
Monday, December 21, 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 December 21, 2015, it received a statement from the Minister of Treasury according to which, under § 32.2 of the Company’s Articles of Association, Zbigniew Kulewicz was appointed as Member of the Company’s Supervisory Board.

Mr. Kulewicz has 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.

Mr. Kulewicz declared that 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. 5.1.21 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.] No. 33 of February 28, 2009, item 259).

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