Mabion S.A. — Board/Management Information 2021

Mar 3, 2021

Subject: Changes in the composition of the Management Board andSupervisory Board of the Company

Legal basis: Art. 56 sec. 1 point 2 of the Act on Public Offering -current and periodic information

Report content: Management Board of Mabion S.A. ("Company") informs thaton March 3, 2021, Mr. Adam Pietruszkiewicz resigned from his membershipin the Supervisory Board of the Company. At the same time, theSupervisory Board of Mabion S.A. today adopted a resolution on theappointment of Mr. Adam Pietruszkiewicz as of March 3, 2021 as a Memberof the Management Board of the Company.

Below, the Company presents information on the appointed Member of theManagement Board of Mabion S.A.:

Mr. Adam Pietruszkiewicz is a Partner at Twiti Investments. He joinedTwiti Investments in December 2019. In total, he has 22 years ofexperience in the private equity industry, focusing on mergers andacquisitions, and has an extensive network in the business community inCentral and Eastern Europe, especially in Poland. In 2016-2019 -Managing Director of COAST2COAST CAPITAL, 2016-2019 - Chairman of theSupervisory Board of Krosno Glass Sp. z o.o., 2014-2015 - Partner ofICENTIS Capital, 2001-2014 - Director at The Riverside Company. In 1998,he obtained a Bachelor of Arts in Business Administration from BostonUniversity, where he concentrated on international management andinternational relations.

Mr. Adam Pietruszkiewicz from June 16, 2020 remained a Member of theSupervisory Board of Mabion SA, twice delegated by the Supervisory Boardin order to perform the duties of a Member of the Management Board(firstly in the period from September 17, 2020 to December 17, 2020, andsecondly from January 25, 2021) until the date of resignation frommembership in the Supervisory Board in connection with the appointmentto the Management Board of the Company).

Mr. Adam Pietruszkiewicz does not perform any competitive activityoutside of Mabion S.A., does not participate in a competitive company oras a partner in a civil partnership, or in a partnership, or as ashareholder capital company and does not participate in a competitivelegal entity as a member of its corporate body. There is no entry in theRegister of Insolvent Debtors kept based on the Act on the NationalCourt Register, related to Mr. Adam Pietruszkiewicz.