Energa S.A.

Board/Management Information • Oct 27, 2021

Current Report No. 33/2021

Date: 27 October 2021

Subject: Changes in the Management Board of Energa SA

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 27 October2021 the Supervisory Board of the Company appointed Ms. IwonaWaksmundzka-Olejniczak to hold as of 27 October 2021 the position of thePresident of the Company’s Management Board of the 6th term of office,in place of the position of the Vice-President of the Management Boardfor Corporate Affairs held so far.

The Company below provides information on Ms. IwonaWaksmundzka-Olejniczak.

Ms. Iwona Waksmundzka-Olejniczak – President of the Management Board ofEnerga SA

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& 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.

She has been a Member of the Energa SA’s Management Board since 7 May2020. She joined PKN ORLEN S.A. in February 2018, first as director ofthe Investor Relations Office, and since February 2019 as ExecutiveDirector for Strategy, Innovation and Investor Relations. Herresponsibilities in this position include, among others, the developmentand implementation of the PKN ORLEN strategy (including R&D strategy),supervision over the implementation of strategic projects, preparationand execution of integration projects, co-creation and implementation ofthe company's strategy in the field of capital investments as well asthe design and execution of the information policy and relations withcapital market participants.

Ms. Iwona Waksmundzka-Olejniczak has also an extensive experience in thebanking sector. In 2016-2017, in managerial positions at Bank OchronyŚrodowiska S.A., she supervised the bank’s private banking andsubsequently corporate banking business. From 2013 to 2016, as managerat Plus Bank S.A., she was responsible for the creation, design andexecution of the marketing strategy and external communication policy.In 2002-2012, she worked for Invest Bank S.A., where she managed theretail banking and was responsible for the development of the productoffer as well as design and execution of the bank’s strategy. From 2001to 2002 she was the key account manager at ComputerLand. Earlier sheworked for Bank Współpracy Europejskiej, where she was responsible forkey account relationships.

She is a graduate of the Cracow University of Economics (Management andMarketing) and the University of Insurance and Banking in Warsaw(Finance and Banking). She holds an Executive MBA diploma awarded by theUniversity of Commerce and Services in Poznań. She also completed apostgraduate Project Management programme at the Warsaw School ofEconomics. She is certified as a Financial Adviser by the EuropeanFinancial Planning Association. She completed a wide range of coursesand trainings in the field of financial market, project management andmanagerial skills.

She serves on the supervisory boards of UNIPETROL, a.s., ORLEN UpstreamSp. z o.o. and is the Vice Chairperson of the Supervisory Board atBaltic Power sp. z o.o.

Ms. Iwona Waksmundzka-Olejniczak is not engaged in any form of businessactivity competitive to Energa SA, does not participate in a competitivecompany or partnership, as a partner of a civil law partnership, apartnership or as a member of a company body and does not participate inany other competitive legal person as a member of its body as well asshe is not listed in the Register of Insolvent Debtors maintained underthe National Register Court Act.