General Shareholders' Meeting of PKN ORLEN SA

The Shareholders approved the reports of the Management Board on the activity of the Company and the Capital Group as well as the component financial statements and the consolidated financial statements for the year 2009. The Shareholders, furthermore, agreed to book the entire profit of nearly 1.64 bn PLN to the Company’s reserve capital. The General Shareholders' Meeting also exonerated all the Members of the Management Board and Supervisory Board of PKN ORLEN who performed their respective functions in 2009.

Moreover, the Shareholders granted their consent to dispose of or lease an organized part of the business consisting of 10 petrol stations.

In light of the end of the term of office of the current Supervisory Board, the General Shareholders' Meeting appointed the Supervisory Board comprised of the below listed persons for a new three-year term of office:

• Maciej Mataczyński – Chairman of the Supervisory Board
• Grzegorz Borowiec
• Artur Gabor
• Marek Karabuła
• Krzysztof Kołach
• Leszek Jerzy Pawłowicz
• Angelina Sarota,
• Piotr Wielowieyski
• Janusz Zieliński – appointed by the State Treasury

In accordance with presented statements, the independence criteria are met by five members of the Supervisory Board of the present tenure.

Ms. Angelina Sarota, Mr. Maciej Mataczynski, Mr. Grzegorz Borowiec, Mr. Marek Karabula, Mr. Krzysztof Kolach, Mr. Piotr Wielowieyski and Mr. Janusz Zielinski were previous Members of the PKN ORLEN Supervisory Board. Information regarding the education, qualifications and professional experience of those persons is available on the Company’s web site.

Mr. Artur Gabor
Education
University College London (Economics)
Warsaw University (Law)
Current Professional Activity
Gabor&Gabor, Investment & Advisory Services, Partner
Professional Experience
2005-2006 IBM Poland, Business Consulting Services (Director of Financial Sector)
1998-2004 General Electric Capital (Business Development Director, Central Europe, Russia)
1994-1998 Credit Lyonnais Investment Banking Group (Managing Director Poland)
1990-1994 Warsaw Consulting Group (Partner)
1987-1990 Paged S.A. (Business Development Director)
1986-1987 Polish Academy of Sciences (Research Fellow)
Membership in Professional Organisations
2003-2004 American Chamber of Commerce (Board Member)
2005- American Chamber of Commerce (Advisory Committee Member)
2006- Polish Institute of Directors (Member)

Supervisory Board Membership
2001-2004 GE Capital Bank S.A. (Board Vice President)
2001-2004 GE Housing Bank S.A. (Board Member)
2004-2005 Getin Holding S.A. (Board Member)
2004-2005 Getin Bank S.A. (Board President)
2004-2008 Energomontaż Połnoc S.A. (Board Vice President)
2006-2007 Polmos Lublin S.A. (Board Member)
2009-2010 Sfinks S.A. (Board Vice President)
2007- Orbis S.A.  (Board Member)
2007- Energopol Katowice S.A. (Board Vice President)
2008- Grupa Lew S.A. (Board President)

Mr. Leszek Jerzy Pawlowicz
Education
Master of Economics (1973)
PhD in Economics (1977)
Assistant Professor in Economics (1988)
Professional Experience
1973 – 1977  Trainee, assistant and senior assistant
Faculty of Economics of Production at the University of Gdansk
1978 – 1988   Lecturer
Faculty of Economics of Production at the University of Gdansk
1988 - 1993   Reader
Faculty of Economics of Production at the University of Gdansk
Since 1990  Vice-President of the Management Board of the Gdansk Institute for Market Economics
Since 1992   Director of the Gdansk Banking Academy
Since 1993   Professor at the University of Gdansk
Since 10.2003  Manager of the Banking Department at the University of Gdansk

Other Professional Experience
1991 – 1993   Chairman of the Supervisory Board of Bank Gdanski
1993 – 1996   Member of the Supervisory Board of Bank Gdanski
1995 – 1996   Chairman of the Program Board of Bank Monthly
1996 – 1997   Member of the Experts Group for Privatization of Telekomunikacja Polska
1995 – 2001   Member of the Scientific Board of Bank BGZ
1997 – 2000  Chairman of the Economics Section of State Committee for Scientific Research
2003 – 2005   Member of the Board of PPUP Poczta Polska
Since 08.01.1998  Member of the Supervisory Board of Bank Pekao
Since 16.04.2004  Member of the Supervisory Board of PTE Allianz Polska
Since 30.06.2004 Member of the Supervisory Board of BEST
Since 10.2004 Member of the Program Board of “Finansowanie nieruchomosci” quarterly
Since 09.2006 Member of the Editorial Board of “Kwartalnik Nauk o Przedsiebiorstwie” quarterly
Since 12.02.2008 Member of the Stock Exchange Board (Supervisory Board of WSE)
since 22.02.2008 Chairman of the Stock Exchange Board of WSE (Supervisory Board of WSE)
Since 31.03.2008 Arbitrator of Conciliation Court at Polish FSA
Since 04.2010 Member of the Program and Scientific Board of “Bezpieczny Bank” magazine