GPW - Giełda Papierów Wartościowych w Warszawie S.A.

Board/Management Information • Jun 13, 2018

Current Report No. 25/2018Date: 12 June 2018Topic: Appointmentof Members of the Management Board of the Warsaw Stock ExchangeLegalbasis: Article 56. 1(2) of the Act on Offering - current and periodicinformationContent:Giełda Papierów Wartościowych w WarszawieS.A. ("the Warsaw Stock Exchange", "GPW", "the Exchange" or "theCompany") announces that the GPW Supervisory Board acting pursuant toArticle 368 (4) of the Code of Commercial Companies and Partnerships inconjunction with § 20 (3) of the Company's Articles of Associationdecided at its meeting held on 12 June 2018 to appoint the followingMembers of the Management Board of the Warsaw Stock Exchange of the newterm of office:• Mr Jacek Fotek as Vice President of the ExchangeManagement Board,• Mrs Izabela Olszewska as Member of the ExchangeManagement Board,• Mr Piotr Borowski as Member of the ExchangeManagement Board,• Mr Dariusz Kułakowski as Member of the ExchangeManagement BoardThe CV of the newly appointed Members of theManagement Board are attached hereto.According to Article 27 (1) ofthe Act on Trading in Financial Instruments of 29 July 2005, in the caseof Mrs Izabela Olszewska and Mr Piotr Borowski, the decision will takeeffect subject to the approval of the changes to the composition of theExchange Management Board issued by the Polish Financial SupervisionAuthority (KNF), however, not earlier than on August 1, 2018.In thecase of Mr Jacek Fotek and Mr Dariusz Kułakowski, the appointment to theGPW Management Board will take place on July 26, 2018, i.e. with thestart of the new term of office of the GPW Management Board.Accordingto the declaration submitted by the newly appointed Management BoardMembers, they conduct no activity competitive to GPW, have no interestin a competitive company as partners in a partnership or civilpartnership or as members of a body of a capital company and have nointerest in any other competitive legal entity as members of its bodies.Furthermore, the newly appointed Management Board Members have a cleanrecord in the Bad Debtor Registry maintained under the Act on theNational Court Register.Legal basis: § 5 (5) of the Regulationof the Minister of Finance of March 29, 2018 regarding current andperiodic information provided by issuers of securities and conditionsfor recognizing as equivalent information required by the laws of anon-member state.