Energa S.A.

Board/Management Information • Mar 30, 2022

Current Report No. 10/2022

Date: 30 March 2022

Subject: Appointment of the Management Board of Energa SA for the newcommon term of office

Legal basis: Art. 56 section 1 point 2 of the Act on Offerings - currentand periodic information

The Management Board of Energa SA ("Company") informs that on 30 March2022 the Supervisory Board of the Company appointed the followingpersons to the Company's Management Board for the new common 7th term ofoffice:

- Ms. Iwona Waksmundzka-Olejniczak to the position of the President ofthe Management Board,

- Mr. Michał Perlik to the position of the Vice-President of theManagement Board for Finance,

- Ms. Adrianna Sikorska to the position of the Vice-President of theManagement Board for Communication,

- Mr. Janusz Szurski to the position of the Vice-President of theManagement Board for Corporate Affairs,

- Mr. Dominik Wadecki to the position of the Vice-President of theManagement Board for Operations.

The appointment of the above mentioned persons to the Management Boardof the Company of the 7th term of office will become effective on theday following the day the General Meeting of the Company approving theCompany's financial statements for the financial year 2021.

The Company below provides information on Members of the Company'sManagement Board of the 7th term of office:

Ms. Iwona Waksmundzka-Olejniczak - President of the Management Board

Ms. Iwona Waksmundzka-Olejniczak is a professional manager withlong-standing experience in implementing business activities as well asmanaging large teams and corporate structures, in particular in the oil_amp; gas and banking sectors. She has an in-depth knowledge of the rules ofthe financial and capital markets, corporate governance, management oflarge projects as well as building and implementing company strategies.Shehas been a Member of the Energa SA's Management Board since 7 May 2020.She joined PKN ORLEN S.A. in February 2018, first as director of theInvestor Relations Office, and since February 2019 as Executive Directorfor Strategy, Innovation and Investor Relations. Her responsibilities inthis position include, among others, the development and implementationof the PKN ORLEN strategy (including R_amp;D strategy), supervision over theimplementation of strategic projects, preparation and execution ofintegration projects, co-creation and implementation of the company'sstrategy in the field of capital investments as well as the design andexecution of the information policy and relations with capital marketparticipants.Ms. Iwona Waksmundzka-Olejniczak has also an extensiveexperience in the banking sector. In 2016-2017, in managerial positionsat Bank Ochrony Środowiska S.A., she supervised the bank's privatebanking and subsequently corporate banking business. From 2013 to 2016,as manager at Plus Bank S.A., she was responsible for the creation,design and execution of the marketing strategy and externalcommunication policy. In 2002-2012, she worked for Invest Bank S.A.,where she managed the retail banking and was responsible for thedevelopment of the product offer as well as design and execution of thebank's strategy. From 2001 to 2002 she was the key account manager atComputerLand. Earlier she worked for Bank Współpracy Europejskiej, whereshe was responsible for key account relationships.She is a graduateof the Cracow University of Economics (Management and Marketing) and theUniversity of Insurance and Banking in Warsaw (Finance and Banking). Sheholds an Executive MBA diploma awarded by the University of Commerce andServices in Poznań. She also completed a postgraduate Project Managementprogramme at the Warsaw School of Economics. She is certified as aFinancial Adviser by the European Financial Planning Association. Shecompleted a wide range of courses and trainings in the field offinancial market, project management and managerial skills.Sheserves on the supervisory boards of UNIPETROL, a.s., ORLEN Upstream Sp.z o.o. and is the Vice Chairperson of the Supervisory Board at BalticPower sp. z o.o.Ms. Iwona Waksmundzka-Olejniczak is not engaged inany form of business activity competitive to Energa SA, does notparticipate in a competitive company or partnership, as a partner of acivil law partnership, a partnership or as a member of a company bodyand does not participate in any other competitive legal person as amember of its body as well as she is not listed in the Register ofInsolvent Debtors maintained under the National Register Court Act.

Mr. Michał Perlik to the position of the Vice-President of theManagement Board for Finance

He has 20 years of experience in management of accounting, reporting,controlling, treasury, strategy, M_amp;A and investor relations areas.Hejoined the ORLEN Group in March 2018. From February 2019 to April 2020,he held the position of Director of the Strategy Office at PKN ORLENS.A., where he coordinated strategic projects implemented in the Group.Since 2020, he has held the position of Executive Director of FinancialManagement at PKN ORLEN S.A., and he is responsible for managingaccounting and reporting, treasury, market risk and compliance inrelation to financial regulations such as AML and sanctions. Inaddition, he is responsible for coordinating the process of integratingthe finance areas of the Energa Group and the ORLEN Group.Prior tojoining the ORLEN Group, he held managerial positions in many companiesand financial institutions. From 2016 to 2018, as Director of Financeand Business Development at Cosmedica Sp. z o.o., he was responsiblefor, among others, the financial management of the group and thecoordination and implementation of strategic projects. Being a directorat PKO Bank Hipoteczny S.A. between 2015 and 2016, he managed the areasof controlling and investor relations. From 2008 to 2015, he worked atCEPD N.V. Holding, where he was responsible, inter alia, for themanagement of the holding's finances, coordination and activeparticipation in M_amp;A processes and carrying out projects in the field ofsales efficiency growth. He was the head of investor relations teams inPZU S.A. (in 2002-2007) and ING Bank Śląski S.A. (in 2007-2008).Heis a graduate of the University of Warsaw (Accounting and Finance andPostgraduate Studies in Insurance) and Łazarski University.

Ms. Adrianna Sikorska to the position of the Vice-President of theManagement Board for Communication

Vice-President of the Management Board of Energa since 17 December 2019.In charge of communication, corporate social responsibility, sponsorshipand marketing activities.Ms. Adrianna Sikorska is a manager withabout a dozen years' professional experience in the areas ofinformation, analysis and security. She has hands-on knowledge ofbuilding communication strategies, and knowledge of the financialmechanisms of businesses. Adrianna has experience in the key areas ofoperational business management, i.e. communication, security, finance,logistics and human resources.In the years 2016 to 2019, she heldboard and managerial positions in the energy sector, beingprofessionally associated with PKN ORLEN Capital Group entities. In theyears 2013 to 2016, she provided consulting services in the areas ofrisk detection, business irregularities and their elimination. In theyears 2007 to 2013, she was an economic analysis expert with the CentralAnti-Corruption Bureau (CBA). From 1993 to 2007, she held specialist andexpert positions with the Police.She completed her postgraduateExecutive MBA studies at the University of Commerce and Services inPoznań. She graduated from the School of Entrepreneurship in Warsaw, theLublin University of Technology, and the Police Academy in Szczytno.

Mr. Janusz Szurski to the position of the Vice-President of theManagement Board for Corporate Affairs

He has been a Member of the Energa SA's Management Board since 15November 2021. Manager responsible for handling complex projects andteams, and attorney-at-law with over 20 years' professional experiencein providing professional legal, corporate, and regulatory services tomajor commercial law entities and public institutions.Professionallyassociated with PKN ORLEN S.A. since February 2018 as Director of theLegal Office, with responsibilities including the provision of legalservices to over 30 ORLEN Capital Group companies operating in Europe,Asia and North America. Chairman of the Supervisory Board of ANWIL S.A.and ENERGA-OPERATOR S.A. as well as Deputy Chairman of the SupervisoryBoard of ORLEN Unipetrol a.s. Director of the Legal Office at Energa SAbetween July 2017 and February 2018.From 2004 to 2017, he held theposition of attorney-at-law, Deputy Director, and Director of the LegalDepartment at the Agency for Restructuring and Modernization ofAgriculture, where he was responsible for providing comprehensive legaland litigation services to Europe's largest accredited paying agencyimplementing transformation processes and pursuing activities orientedtowards the development of Polish agriculture and rural areas. Between1999 and 2003, employed as a legal advisor in the area of organization,investment and operation at PTC Sp. z o.o. (currently T-Mobile PolskaS.A).Graduate of the Faculty of Law and Administration, Universityof Warsaw; completed his attorney-at-law training at the District BarAssociation of Attorneys-at-Law in Warsaw. Holder of an Executive MBAdiploma awarded by the Gdańsk Foundation for Management Development incooperation with the University of Gdańsk; validated by IAEAix-en-Provence Graduate School of Management. In December 2019, he wasrecognized among the best lawyers in Central and Eastern Europe (Legal500/GC Powerlist ranking) in the _quot;Energy _amp; Utilities in Poland_quot; category.

Mr. Dominik Wadecki to the position of the Vice-President of theManagement Board for Operations

He has been a Member of the Energa SA's Management Board since 31 May2019. Graduate of the Faculty of Law of the Catholic University ofLublin. Completed controller apprenticeship at the Supreme Audit Officewith honours and postgraduate studies at the Collegium of BusinessAdministration of the SGH Warsaw School of Economics. Holder of anExecutive MBA diploma awarded by Collegium Humanum.He began hisprofessional career in 1997 in the banking sector, working for PierwszyKomercyjny Bank S.A. in Lublin. From 1999 to 2007, he worked for theSupreme Audit Office, where he was responsible for examining theimplementation of the state budget and monetary policy, privatization ofbanks, operation of capital market supervision authorities, theinvestment operations of banks, and the effectiveness of the tax reliefand exemptions system. Has been involved in the energy sector since2008. As an internal auditor at Polska Grupa Energetyczna, he examinedthe full range of operations of the companies belonging to the group,and participated in the development of the PGE operating model. In 2010,he was a member of the Supervisory Board and of the Management Board ofPGE Zamojska Korporacja Energetyczna S.A. He gained executive experienceat PGE Polska Grupa Energetyczna, as well as at Polska SpółkaGazownictwa sp. z o.o. and the National Fund for EnvironmentalProtection and Water Management. Has worked for the Energa Group since2017. He worked at Energa Logistyka Sp. z o.o. as the managing director,a management board member and, most recently, as the president of themanagement board.

None of the above mentioned persons is engaged in any activitiescompetitive to the business of the Company, participates in anycompetitive company as a partner of a partnership or as a member of abody of a corporation, or participates in any other competitive legalperson as a member of its corporate bodies, neither is any of themlisted in the Registry of Insolvent Debtors maintained pursuant to theAct on the National Court Register.