Ciech S.A.

Board/Management Information • Jul 24, 2018

Subject: Appointment of the Chairman, Deputy Chairman and Secretary ofthe Supervisory Board of CIECH S.A., and members of the Audit andRemuneration Committees of the Supervisory Board of CIECH S.A.

The Management Board of CIECH S.A. (the "Company" or "Issuer"), inreference to current report no. 17/2018 of 22 June 2018, informs that on24 July 2018, the Supervisory Board of the Issuer appointed Mr SebastianKulczyk to the office of the Chairman of the Supervisory Board of theIssuer, Mr Tomasz Mikołajczak to the office of the Deputy Chairman ofthe Supervisory Board of the Issuer, and Mr Mariusz Nowak to hold theoffice of the Secretary of the Supervisory Board of the Issuer.

At the same time, the Supervisory Board of the Issuer adopted aresolution under which it appointed the following members of the AuditCommittee: Mr Piotr Augustyniak, Mr Mariusz Nowak and Mr Artur Olech. MrPiotr Augustyniak was elected by the members of the Audit Committee asits Chairman.

The aforementioned composition of the Audit Committee meets theindependence criteria and requirements specified in article 129 sectionof the Act of 11 May 2017 on statutory auditors, audit firms and publicsupervision, i.e.:

1. at least one member of the Audit Committee has knowledge and skillsin accounting or auditing of financial statements,2. at least onemember of the Audit Committee has knowledge and skills in the Company'sindustry,3. the majority of the Audit Committee members, includingits Chairman, are independent of the Company.

According to detailed rule II.Z.8 of the "Code of Best Practice for WSEListed Companies 2016", the Chairman of the Audit Committee meets theindependence criteria set out in Annex II to Commission Recommendationof 15 February 2005 on the role of non-executive or supervisorydirectors of listed companies and on the committees of the (supervisory)board.

Furthermore, the Supervisory Board of the Issuer adopted a resolution onthe appointment of the following members of the Remuneration Committee:Mr Tomasz Mikołajczak, Mr Mariusz Nowak and Mr Dawid Jakubowicz.

Information on education, qualifications and previously held positions,together with a description of the professional career progress of theaforementioned individuals was made public in current report no. 17/2018of 22 June 2018.

Legal basis: § 5 pt. 5), in conjunction with § 10 pt. 3), of theRegulation of the Minister of Finance of 29 March 2018 on current andperiodic information provided by issuers of securities and conditionsfor recognising as equivalent information required by the laws of anon-member state.