Extraordinary General Meeting of PKN ORLEN Shareholders
PKN ORLEN's today announced changes to the structure of its Supervisory Board following an Extraordinary Meeting of Shareholders (EGM). Moreover, shareholders also decided to introduce changes to the regulations of the general meeting and they gave their assent to the sale or lease of the residue disposal function oft he Waste and Utilization Department.
The most important decisions were with respect to changes in the composition of the Supervisory Board. Shareholders accepted a motion put by the State Treasury's representatives for the removal of the following five Board members: Jan Waga, Andrzej Studzinski, Krzysztof Szlubowski, Janusz Zielinski and Ryszard Lawniczak. A further member of the Supervisory Board, Andrzej Wieczerzak, had already tendered his resignation prior to the meeting. The EGM accepted those candidates proposed by the shareholders: State Treasury, Nafta Polska, PZU and Commercial Union, for the vacant Board positions.
The present composition of PKN ORLEN's Supervisory Board looks as follows:
Jacek Bartkiewicz- Chairman
Krzysztof Lis- independent member
Ireneusz Wesolowski - independent member
Krzysztof Zyndul - member
Małgorzata Okonska-Zaremba- member
Maciej Gierej - member
Piotr Osiecki - member
Raimondo Eggink- member
Michał Stepniewski - member
The CVs of the new Supervisory Board members will be accessible tomorrow on the www.orlen.pl website.
Shareholders also gave their assent to the sale or lease of the residue disposal function in the Waste and Utilization Department.
The final proposal under consideration were changes in the regulations of the general meeting. Following a motion by the Management Board the resolution in respect to paragraph 14a of the regulations, concerning the appointment of the Supervisory Board by group voting, was withdrawn. Other proposed changes to the regulations have been accepted with minor technical modifications.
Shareholders decided not to vote on the last point on the agenda concerning changes in the rules for the remuneration of the members of the Supervisory Board.
Press Office
PKN ORLEN SA
