Changes in the Management Board of ORLEN S.A.

ORLEN S.A. (“Company”) announces that on 6 February 2024 the Minister of the State Assets, acting on behalf of the shareholder the State Treasury, according to § 9 item 1 point 3 of the Company’s Articles of Association appointed effective today Mr Witold Literacki to the ORLEN S.A. Management Board. At the same time the Company’s Supervisory Board on today meeting appointed Mr Witold Literacki with effect from 6 February 2024 as acting President of the Company’s Management Board.

 

Moreover the Company’s Supervisory Board dismissed following persons from the Management Board:

• Mr Adam Burak,
• Mr Krzysztof Nowicki,
• Mr Robert Perkowski,
• Mr Piotr Sabat,
• Ms Iwona Waksmundzka-Olejniczak.

 

At the same meeting the Company’s Supervisory Board decided to delegate with effect from 7 February 2024 the following members of the Company’s Supervisory Board for temporary acting as members of the Company’s Management Board, by the time of appointment of the Management Board members for that positions, providing that no longer than for three months:

• Mr Kazimierz Mordaszewski,
• Mr Tomasz Sójka,
• Mr Tomasz Zieliński.

 

Mr Witold Literacki

Mr Witold Literacki is a graduate of the University of Silesia, Faculty of Social Sciences, from which he graduated in 1994 and an MBA from the Lublin Business School in cooperation with the University of Central Lancashire in the UK in 2006. An expert in the field of finance and taxes. He has been professionally involved in the fuel and energy industry for many years. He gained managerial experience in both foreign and Polish companies, including PKN ORLEN. 

From 2022 to 2023, he served as financial director at PERN SA. Prior to that, he was employed as financial director at Warszawskie Zakłady Mechaniczne PZL- WZM w Warszawie SA from 2020 to 2022. From 2008 to 2020, he was director of the tax office at PKN ORLEN SA. From 2007 to 2008- tax manager at RWS Stoen SA. From 1999 to 2007- senior manager for tax control at Carrefour Polska Sp. z o.o.. From 1997 to 1999, he was employed as a consultant by Arthur Andersen Sp. z o.o.. From 1991 to 1997, he was an inspector in the tax control department of the Tax Office in Zabrze.

 

Mr Kazimierz Mordaszewski

Kazimierz Mordaszewski is a law graduate of the Nicolaus Copernicus University in Toruń, and also graduated from the Catholic University of Lublin.

He was active in the Independent Students' Union and the Union of Democratic Youth. He continued his activities in the democratic opposition in the People's Republic of Poland.

He gained professional experience as a trainee judge and then as a trainee legal advisor in the Legal Advisors Group, later working as an academic teacher at the Białystok branch of the Faculty of Law at Warsaw University. In 1989, he qualified as a legal advisor.

In 1990, he became involved in the process of creating new state security structures, taking the position of office director at the State Protection Office.

From 1997 to 2001, he served as Charge d'affaires at the Polish Embassy in the UAE, also being accredited to the State of Qatar. Upon his return to the country, in 2002, he opened a law practice within the partnership of KMMG Mordaszewski & Glinski attorneys and legal advisors.

In 2006, he joined the service of the Internal Security Agency, where he was Director of the Legal Bureau until 2012, and Deputy Head of the Agency from 2012 to 2015.

Kazimierz Mordaszewski was also a member of the Supervisory Board of PHZ Cenzin Sp. z o.o. and a member of the Board of the National Research and Development Center from 2010 to 2014. 

He currently serves as a department director at the Ministry of State Assets.

 

Mr Tomasz Sójka

Professor of legal sciences working at the Adam Mickiewicz University in Poznan. Advocate. He specializes in corporate law, capital market and new technologies. Tomasz Sójka's scientific output includes more than a hundred publications in the above-mentioned field. He is the author of 4 monographs on commercial law and the editor and co-author of a leading commentary on capital market law. He also participated in the legislative process of many acts in the field of business law. He remained a member of the European Corporate Governance Institute in Brussels for many years. He was a member of the Board of the Warsaw Stock Exchange, where he participated in the work on the Good Practices of Companies Listed on the WSE. For 15 years he was managing partner of a major Polish law office. In his practice, he provided advisory services for a number of capital market transactions, including mergers and acquisitions (M&A). He advised on the implementation of disclosure obligations and compliance with corporate governance principles. His advisory work was directed primarily to public companies, particularly in the energy and financial sectors. He has also participated in many court and arbitration disputes related to conflicts between shareholders of major capital companies, also as an arbitrator. He graduated from the Faculty of Law and Administration of Adam Mickiewicz University in Poznan. He was a scholarship holder at Oxford University, De Paul University in Chicago, the TMC Asser Institute in The Hague and the Мах Planck Institute in Hamburg.

 

Mr Tomasz Zieliński

An expert in the chemical sector with more than 20 years of experience in top managerial, management and scientific-academic positions. He built his professional experience in the most important companies in the chemical and refining and petrochemical sector in Poland and Central Europe (including Orlen S.A., Anwil S.A., Grupa Azoty Zakłady Chemiczne "Police", Orlen Unipetrol a.s, Spolana s.r.o.), in strategic and business consulting and at the Warsaw University of Technology. For more than a dozen years, he has represented the interests of the domestic chemical industry at home and abroad and sits on the boards of numerous national and international business and industry organizations.

Since 2016, he has been a member of the National Association Board (NAB) of the European Chemical Industry Council in Brussels (CEFIC), where he represents the interests of 7 countries in the Central Europe Cluster (Poland, Slovakia, Hungary, Czech Republic, Romania, Bulgaria, Croatia). He has also served on the Board and Steering Committee of the European Chemical Employers Group in Brussels (ECEG) for almost 10 years. He is also a member of the Presidium of the Committee on Chemistry at the Polish Academy of Sciences, as well as the Presidium of the Council and the Committee on Climate and Energy Policy at the National Chamber of Commerce. In addition, he sits on the Boards of the Łukasiewicz Network Institutes - Institute of Industrial Chemistry and Łukasiewicz - Institute of New Chemical Syntheses. Member of the Supervisory Boards of companies at home and abroad. Member of economic councils of Polish technical universities, program councils, scientific councils and industry associations. Author of numerous scientific publications and conference speeches.

In 2003, he received a doctoral degree in chemical technology from the Prof. I. Mościcki Institute of Industrial Chemistry in Warsaw. He graduated with a degree in Chemical Technology from the Faculty of Construction, Mechanics and Petrochemistry of the Warsaw University of Technology, Plock Branch, and with a postgraduate degree in Financial Management and Marketing from the same university. In addition, he obtained a Master of Business Administration (MBA) degree from the University of Illinois at Urbana-Champaign in cooperation with the Lublin University of Technology. Among other things, he completed the Professional Development Program: Strategic Business Management at Harvard University Extension School and the Strategies for Sustainability course at Stanford University.

Since June 2013 he has been President of the Board of the Polish Chamber of Chemical Industry - the most important institution representing the Polish chemical industry in Poland at the national and international forum.

 

Mr Witold Literacki submitted statement that he is not involved in any activity competitive with ORLEN S.A. and is not a partner of any competitive civil law partnership, partnership, capital company, is not a member of any board of a competitive capital company. He also stated that he is not on the list of insolvent debtors kept on record on the National Court Register Act.

 

All members of the ORLEN Supervisory Board delegated today for temporary acting as members of the Company’s Management Board submitted statements that they are not involved in any activity competitive with ORLEN S.A. and are not partners of any competitive civil law partnerships, partnerships, capital companies, are not members of any boards of competitive capital companies. They also stated that they are not on the list of insolvent debtors kept on record on the National Court Register Act.