Changes in the PKN ORLEN Supervisory Board

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN") announces that the Ordinary General Meeting of Shareholders on 27 June 2013 appointed the following people as PKN ORLEN Supervisory Board Members for a new term of office. Ms Angelina Anna Sarota was elected to the position of Chairman of the PKN ORLEN Supervisory Board. The following Supervisory Board Members were also elected: Mr Cezary Banasiński, Mr Grzegorz Borowiec, Mr Artur Gabor, Mr Michał Gołębiowski, Mr Cezary Możeński and Mr Leszek Jerzy Pawłowicz.

Ms Angelina Anna Sarota

Doctor of Laws, graduate from the Faculty of Law and Administration of the Jagiellonian University, the National School of Public Administration and post diploma studies ”Strategic Management of Human Resources” at the Leon Koźmiński University.

Ms Sarota is a civil servant. Between 2001–2003, she was employed in the Court Representation Department and the Restructuring and Public Help Department at the Ministry of StateTreasury. In 2003, she was employed in the Ministry of Science and Information Technology as an advisor to the Minister, between 2003–2005, she held the position of the deputy director at the Department of Strategy and Science Development, in 2005, she was acting as the Law Director. Since November 2005, she is a Director of the Law Department at the Chancellery of the Prime Minister. She is a Member of Management Board of The College of Europe in Warsaw. She has passed the exam for the members of supervisory boards of companies with the share of the State Treasury. She was a Member of Supervisory Boards among others of the following companies: Cerg limited company in Gliwice, Chemar limited company in Kielce, Vice-Chairman of the Supervisory Board of Warsaw Technology Park . Since June 2008, Secretary of PKN ORLEN Supervisory Board for two previous terms of office.

Mr. Cezary Banasiński

• Doctor of law, reader at the Faculty of Law and Administration of the University of Warsaw.
• Graduate of the Faculty of Management (1977) and Law and Administration of the University of Warsaw (1980)
• Scholarship among others at the Faculty of Law of the University of Vienna, of the Humboldt Foundation at the universities of Constance, Munich and Vienna and of the University of Tubingen
• From 1980 to 1982 - junior and senior assistant lecturer at the Department of Labour Law and Social Policy at the Faculty of Management of the University of Warsaw and then in Higher School of Public Administration in Ostroleka, from September 2004 professor, lectures on public economic law.
• From 1997 to 2000 - advisor at the Constitutional Tribunal’s Office of Adjudication, responsible for analyzing judgments of the European Court of Justice
• From 1999 to 2001 - under-secretary of state at the European Integration Committee responsible for harmonization of the Polish law with the EU law.
• From 2001 to 2007 - President of the Office of Competition and Consumer Protection responsible for the state of competition on the Polish market and the legal protection of consumers, as well as for monitoring the granting of state aid.
• From 2002 to 2004 - head of the team negotiating Poland’s membership in the EU, responsible for the “Competition policy” negotiating area
• From 2005 to 2006 - member of the Polish Securities and Exchange Commission and the Commission for Insurance and Pension Fund Supervision
• From 2006 to 2007 - member of the Coordinating Committee for Financial Conglomerations
• Member, expert, advisor of teams and state-owned committees, arbitrator of the Court of Arbitration at the National Chamber of Commerce (from 2004), member of the Board Program Foundation “European Law” (2002-2010) and other foundations, associations and courts.
• Chairman of the Supervisory Board at PKO BP S.A. as well as other companies with share of the State Treasury (or stated-owned and council legal entities). Since January 2012 a Member of Supervisory Board of PKN ORLEN S.A. for previous term of office.

He is the author and co-author of many publications: books, articles, commentaries for acts and judgments of the Court of Justice in the scope of the administration and economic law and the European economic law.

Mr. Grzegorz Borowiec

Graduate from the Gdynia Maritime University, the Faculty of Navigation - 1987, the National School of Public Administration – 1997, Master of Business Administration – the University of Warsaw/University of Illinois – 2002, the University of Warsaw, the Faculty of Management – 2002; appointed civil servant.

Between 1987 and 1994, Mr Borowiec worked as a deck officer for Polish and foreign ship owners in a merchant fleet. From April 1997 to June 1998, he held the position of the Deputy Director of the Ministry of the State Treasury Office for Free of Charge Distribution of Shares to Entitled Employees.. Between 1998–2001 he worked as General Director in the Energy Regulatory Authority.. Since August 2001, Mr Borowiec was the Director of the Finance Department in the Ministry of Finance. Member of the Supervisory Board of WSK “Rzeszów” (1998) and PKP SKM Fast City Railway in the Polish Tricity area (from 2002). He graduated from many domestic and foreign. training courses, which is attested by relevant certificates, e.g. the Internal Auditor Certificate (2005), the NATO Security Certificate (NATO secret – 2002), course on institutional and economic reform of the energy sector (Power Sector Reform – USAID, USA - 1999) and training in project management  (PRINCE2 - 2006). Since 12 December 2007, General Director of the Ministry of State Treasury. Since October 2009, Member of the Supervisory Board of TVP S.A.,– representing the Minister of State Treasury. Since January 2010, member of the Audit Committee at the Ministry of Regional Development. In May 2010, he was appointed for examiner by the Examination Board for certified auditor candidates. He has been a Member of PKN ORLEN Supervisory Board for the two previous terms of office..

Mr. Artur Gabor

Education: 

University College London (Economics)

• Warsaw University (Law)

Current Professional Activity:

• Gabor & Gabor, Investment & Advisory Services (Partner)
• Professional Experience:
• 1986-1987 Polish Academy of Sciences, Institute of Economics (Assistant)
• 1987-1990 Paged S.A. (Business Development Director)
• 1990-1994 Warsaw Consulting Group (Partner)
• 1994-1998 Credit Lyonnais Investment Banking Group (Managing Director Poland)
• 1998-2004 General Electric Capital (Merger and Acquisition Director, Central Europe, Russia)
• 2005-2006 IBM Poland, Business Consulting Services (Director of Financial Sector)

Membership In Professional Organisations:

• 2003-2004 American Chamber of Commerce (Management Board Member)
• 2005-onwards American Chamber of Commerce (Standing Advisory Committee Member)
• 2006-onwards Polish Institute of Directors (Member of the Corps of Independent Members of Supervisory Boards)

Supervisory Board Membership:

• 2001-2004 GE Capital Bank S.A. (Deputy Chairman of the Supervisory Board)
• 2001-2004 GE Bank Mieszkaniowy S.A. (Member of the Supervisory Board)
• 2004-2005 Getin Bank S.A. (Chairman of the Supervisory Board)
• 2004-2005 Getin Holding S.A. (Member of the Supervisory Board)
• 2004-2008 Energomontaz Polnoc S.A. (Deputy Chairman of the Supervisory Board)
• 2006-2007 Polmos Lublin S.A. (Member of the Supervisory Board)
• 2007-2011 Energopol Katowice S.A. (Deputy Chairman of the Supervisory Board)
• 2011-2013 Fleet Holding S.A. (Member of the Supervisory Board)
• 2012-2013 For-Net S.A. (Deputy Chairman of the Supervisory Board)
• 2007 Orbis S.A. (Member of the Supervisory Board)
• 2008-Grupa Lew S.A. (Chairman of the Supervisory Board)
• 2009-2010 Sfinks S.A. (Deputy Chairman of the Supervisory Board)
• 2010-2013 PKN ORLEN S.A. (Independent Member of the Supervisory Board)

Mr. Michał Gołębiowski

Graduate of the Faculty of Law and Administration of the University of Warsaw, scholarship student at the Faculty of Law of the Universita degli Studi di Napoli Federico II.

Between 2008-2009 expert at the Ministry of the Environment, where he worked with the legal aspects of the greenhouse gas emissions permit trade system. Since 2009 he has worked at the Ministry of State Treasury, currently at the position of Deputy Director in the Department of Strategic Projects. He is responsible, among other duties, for supervision over fuel and gas sector strategic companies. He was involved in work on the special act dedicated to carrying out the development at the LNG terminal in Świnoujście, as well as negotiating with the European Commission on the application for EU funding for the project. He has broad knowledge and experience in the field of Polish and European energy sector regulations, as well as in the activities of energy entrepreneurs.

He has been a Secretary of Supervisory Board of Polskie LNG S.A., an investor in the LNG terminal in Świnoujście, and serves in the role of Deputy Chairman of Górnośląska Spółka Gazownictwa Sp. z o.o. Since January 2012 a Member of PKN ORLEN Supervisory Board for the previous term of office.

Mr. Cezary Możeński

Education

• 1994 Warsaw University of Technology
  • Chemical and Processing Engineering
  • PhD in Chemical Engineering

• 1976-1981 Cracow University of Technology
  • Faculty of Chemical Engineering

Courses and post-graduate studies

• 1998-2012 courses on managing employees and work safety
• 2002 course on ISO 9001:2000
• 2002 course and passed exam for members of Supervisory Boards in companies owned by the State Treasury
• 2003 Production process management and efficient management of workers
• 2013 Harvard Business Pub.: The Strategic Leadership Academy

Career profile:

• 1981 – 2000 - Institute of Artificial Fertilisers in Puławy, Head of Research Team
• 2000 – 2004 - Zakłady Azotowe Puławy S.A., Production and Business Development Director, Strategy, Business Development and Investments Director
• 2002 – 2004 - "Melamina III" Sp. z o.o, President of the Management Board
• 2003 – 2005 - Masz-ZAP Sp. z o.o. , Chairman of the Supervisory Board
• 2005 – 2006 „Brasco” S.A., Member of the Management Board
• 2004 – 2006 Spirits company „Wratislawia” Polmos Wrocław S.A., President of the Management Board
• Since 2006 - Institute of Artificial Fertilisers in Puławy, Head of the Institute
• Since 2008 – Zakłady Azotowe „Puławy” S.A., Chairman of the Supervisory Board

Mr. Leszek Jerzy Pawłowicz

Education

• 1973 Master of Science in Economics;
• 1977 PhD in Economics;
• 1988 Assistant Professor in Economics.

Professional experience

• 1973-1977 trainee, assistant, senior assistant
• Faculty of Production Economics of the University of Gdańsk
• 1978-1988 Lecturer
• Faculty of Production Economics of the University of Gdańsk
• 1988-1993 Reader
• Faculty of Production Economics of the University of Gdańsk
• From 1990 Vice-President of the Management Board of the Market Economy Research Institute
• From 1992 Director of the Banking Academy in Gdańsk
• From 10.2003 Manager of the Banking Department at the University of Gdańsk

Other professional experience

• 1991 – 1993 Chairman of the Supervisory Board of Bank Gdański SA
• 1993 – 1996 Member of the Supervisory Board of Bank Gdański SA
• 1995 – 1996 Chairman of the Programme Board of “Bank” monthly
• 1996 – 1997 Member of the Experts Group for Privatization of Telekomunikacja Polska S.A.
• 1995 – 2001 Member of the Scientific Board of Bank Gospodarki Żywnościowej SA
• 1997 – 2000 Chairman of the Economic Section of the Scientific Research Committee
• 2003 – 2005 Member of the Board of PPUP Poczta Polska
• From 08.01.1998  Member of the Supervisory Board of Bank Pekao SA
• 2004-2011 Member of the Supervisory Board of PTE Allianz Polska SA
• From 30.06.2004  Member of the Supervisory Board of BEST S.A.
• From 10.2004 Member of the Programme Board of “Finansowanie nieruchomości” quarterly
• From 09.2006 Member of Editorial Board of “Kwartalnik Nauk o Przedsiębiorstwie” quarterly
• From 12.02.2008 Member of the Stock Exchange Board (Supervisory Board of the WSE)
• From 22.02.2008 Chairman of the Board (Supervisory Board of the WSE)
• From 31.03.2008 Arbitrator of the Conciliation Court at Polish Financial Supervision Authority
• From 04.2010 Member of the Programme and Scientific Board of “Bezpieczny Bank” magazine.

He has been Deputy Chairman of the Supervisory Board of PKN ORLEN for previous term.

The elected Members of the PKN ORLEN Supervisory Board, except for their duties in PKN ORLEN are not involved in any other activity that competes with PKN ORLEN; they are not a partner of any competing company; and they are not a member of any board of a competing incorporated company. The elected Members of the PKN ORLEN Supervisory Board are not on the List of Insolvent Debtors kept on record on the National Court Register Act.