The Supervisory Board consists of five to nine persons, appointed for a joint term of office lasting three years, except for the first term of office lasting one year. In accordance with the Company’s Articles of Association, Supervisory Board members are appointed and dismissed by the General Meeting, subject to the following provisions:

  1. as long as the State Treasury along with its subsidiaries within the meaning of § 10 item 5 of the Articles of Association holds a number of shares authorising it to exercise at least 25% of the total number of votes, the State Treasury is represented by the minister competent for State Treasury affairs and is entitled to appoint and dismiss half of the maximum number of Supervisory Board members defined in the Articles of Association (if this quotient is not a whole number, it is rounded down to a whole number, for example 4.5 is rounded down to 4 plus 1, provided that the State Treasury:
    1. is obliged to vote at the General Meeting on determining the number of Supervisory Board members corresponding to the maximum number of Supervisory Board members defined in the Articles of Association or in case of submitting such a motion to the Management Board by a shareholder or shareholders holding at least 5% of the total number of votes in the Company,
    2. is excluded from exercising its voting rights at the General Meeting concerning appointing and dismissing other Supervisory Board members, including independent Supervisory Board members; it does not, however, apply to the case when the Supervisory Board cannot act due to a composition smaller than required by the Articles of Association, and the shareholders in attendance at the General Meeting other than the State Treasury do not replace Supervisory Board vacancies in accordance with the distribution of Supervisory Board seats defined hereunder;
  2. as long as the State Treasury along with its subsidiaries within the meaning of § 10 item 5 of the Articles of Association, holds a number of shares authorising it to exercise less than 25% of the total number of votes, the State Treasury, represented by a minister competent for State Treasury affairs is authorised to appoint and dismiss one Supervisory Board member;
  3. the State Treasury appoints and dismisses Supervisory Board members pursuant to the procedure in item 1) or item 2) by submitting a declaration to the Company.

At least two Supervisory Board members should meet independence criteria for the Company and significant subsidiaries (independent Supervisory Board members). The definition of an “independent Supervisory Board member” means an independent Supervisory Board member within the meaning of EC Recommendation 2005/162/EC of 15 February 2005 concerning the role of non-executive or supervisory directors of listed companies and on the committees of the (supervisory) board taking into consideration the Best Practices.

Independent Supervisory Board members submit a written declaration of satisfying the prerequisites of independence to the Company, before being appointed to the Supervisory Board. If he or she fails to satisfy the prerequisites of independence, such Supervisory Board member is required to notify the Company thereof immediately. The Company shall inform shareholders of the current number of independent Supervisory Board members.

A detailed description of the Supervisory Board’s operation is included in the Commercial Company Code, in the Company’s Articles of Association, available on the Company’s website http://www.tauron-pe.pl/ and in the Bylaws of the Supervisory Board of TAURON Polska Energia S.A. with its registered office in Katowice.

Supervisory Board meetings represent the main form for the Supervisory Board to supervise the Company’s operations. The Supervisory Board performs its obligations collectively. Supervisory Board meetings are convened by the Supervisory Board Chairperson or Vice-Chairperson by presenting a detailed agenda:

  1. in accordance with arrangements adopted by the Supervisory Board,
  2. on his/her own initiative,
  3. on a written request of any Supervisory Board member,
  4. on a written request of the Management Board.

Supervisory Board meetings are held on the Company’s premises. In justified cases the meeting venue may be changed.

In order to convene a meeting, all Supervisory Board members must be invited in writing at least 7 days before the date of the Supervisory Board meeting. For material reasons the Supervisory Board Chairperson may reduce this period to 2 days, defining the mode of giving the invitation. Notifications of a Supervisory Board meeting are sent by fax or electronic mail and are confirmed by phone. In a notification of a Supervisory Board meeting the Chairperson defines the meeting date, venue and detailed agenda. The Supervisory Board meets when needed, though no less frequently than bi-monthly. The Supervisory Board may meet without convening a formal meeting if all Supervisory Board members are present and nobody appeals against holding a meeting or its agenda.

A change of the proposed agenda may take place if all Supervisory Board members are in attendance and nobody appeals against the agenda. An issue not included on the agenda should be included in the agenda of the next meeting.

Taking part in Supervisory Board meetings is a duty of every Supervisory Board member. A Supervisory Board member provides written justification for his/her absence. Justification of a Supervisory Board member’s absence requires a Supervisory Board resolution. Members of the Company’s Management Board may take part in Supervisory Board meetings unless the Supervisory Board objects. Management Board members’ participation in Supervisory Board meetings is compulsory if they are invited by the Supervisory Board Chairperson. Other persons may also take part if they are invited as above.

The Supervisory Board may seek opinions of legal advisers who render regular legal advice to the Company; in justified cases, it may also appoint and invite to Supervisory Board meetings the relevant experts to request their advice and make an appropriate decision. In these cases the Supervisory Board adopt a resolution to engage a selected expert (audit or consulting company) obliging the Company’s Management Board to conclude an appropriate agreement.

Supervisory Board meetings are presided over by the Supervisory Board Chairperson, and in the case of his/her absence – by the Vice-Chairperson. For material reasons, with the consent of the majority of the Supervisory Board members present at a meeting, the person chairing the meeting is obliged to call a vote on a motion to adjourn a meeting and establish a new date of resuming the Supervisory Board meeting. The Supervisory Board makes decisions in the form of resolutions. Supervisory Board resolutions are adopted mainly at meetings. The Supervisory Board adopts resolutions if at least half of its members are present and all its members are invited according to the regulations. Subject to unconditionally binding legal regulations, including the Commercial Company Code and the Company’s Articles of Association, the Supervisory Board passes resolutions by an absolute majority of votes of the persons present at the meeting, where an absolute majority of votes is understood as more votes cast “for” than the sum total of the votes cast “against” and “abstentions”. Resolutions cannot be passed on issues not included in the agenda unless all Supervisory Board members are present and nobody voices an objection. This does not apply to resolutions to justify a Supervisory Board member’s absence from a meeting. Voting is done by open ballot. A secret ballot is ordered:

  1. at the request of at least one of Supervisory Board member,
  2. on personal issues.

In accordance with the Articles of Association, the Supervisory Board may pass resolutions in writing or by direct remote communication. Passing a resolution requires a justification and a prior submitting of the draft resolution to all Supervisory Board members. Passing resolutions in this mode does not apply to appointing the Supervisory Board Chairperson, Deputy Chairperson and Secretary, appointing or suspending a Supervisory Board member and dismissing such persons as well as other issues requiring a secret ballot. When voting on a resolution in this manner, Supervisory Board members indicate whether they are casting a vote, “for”, “against” or an “abstention”. If a Supervisory Board member fails to vote by the deadline defined by the Chairperson, the resolution is not adopted. Resolutions adopted by circulation or direct remote communication are signed by the Supervisory Board Chairperson with the appropriate comment. Resolutions passed according to this procedure are presented to the next Supervisory Board meeting with the voting results.

Supervisory Board members may participate in a meeting and vote on resolutions during such a meeting by means of direct remote communication, i.e. conference or video calls, provided that at least half of the members are present at the meeting venue designated in the meeting notice and that the technical possibility to ensure a secure connection exists.

Supervisory Board members participate in meetings and perform their duties personally and while performing their duties, they are obliged to exercise due diligence. Supervisory Board members are obliged to maintain the confidentiality of information connected with the Company’s activity they receive in connection with their mandate or otherwise. The Supervisory Board executes its obligations collectively.

The Supervisory Board may, for material reasons, delegate particular members to perform certain supervisory activities independently for a defined period of time. The Supervisory Board may delegate its members, for a period no longer than three months, to temporary performance of duties of Management Board members who are dismissed, submit a resignation or if for other reasons they cannot perform their functions. Such delegation requires permission from the Supervisory Board member to be delegated.

The detailed description of activities of the Supervisory Board in the previous financial year is set forth in the Report on Activities of the Supervisory Board, submitted on an annual basis to the General Meeting and then published on the Company’s website http://www.tauron-pe.pl/.

The Supervisory Board may appoint from among its members standing or temporary working groups or committees to perform particular actions. The Supervisory Board’s standing committees include the following:

  1. Audit Committee of the Supervisory Board of TAURON Polska Energia S.A., (Audit Committee),
  2. Nomination and Executive Compensation Committee of the Supervisory Board of TAURON Polska Energia S.A. (Nomination and Executive Compensation Committee),
  3. Strategy Committee of the Supervisory Board of TAURON Polska Energia S.A. (Strategy Committee).

The composition, tasks and rules of operation of the aforementioned committees are defined in their regulations adopted by the Supervisory Board.

The Supervisory Board provides continuous supervision over the Company’s operations in all areas of its business activity.

In accordance with the Company’s Articles of Association, the tasks and powers of the Supervisory Board include, in particular the following issues listed in the table below:

Table no 4. Powers of the Supervisory Board

Issues requiring Supervisory Board resolutions as at 31 December 2015 and on the date of this report:
Powers to pronounce opinions
 1 assessment of the Management Board report on the Company’s operations and financial statements for the previous financial year in the scope of their compliance with the books, documents as well as with the facts. It also applies to the Group’s consolidated financial statements,
 2 assessment of the Management Board motion on profit distribution or loss coverage,
 3 submitting of a written report to the General Meeting on the results of operations covered by items 1 and 2,
 4 preparing, together with the report on the results of the Company’s annual financial statements, an opinion of the Supervisory Board on the economic legitimacy of involving the Company capital committed in a given financial year in other entities,
 5 giving opinions on the Group’s Corporate Strategy,
 6 giving opinions and approval of the rules of conducting sponsoring activity,
 7 giving opinions on the annual plan of conducting sponsoring activity as well as annual reports on its implementation.
Decision-making powers
1 selecting the statutory auditor to audit the Company’s financial statements and the Group’s consolidated financial statements,
2 determining the scope and deadlines for the Management Board to submit the Company and Group’s annual material and financial plans and long-term strategic plans,
3 adopting the consolidated text of the Company’s Articles of Association prepared by the Company Management Board,
4 approval of the bylaws of the Company’s Management Board,
5 approval of the organisational regulations,
6 purchase of real property, perpetual usufruct or shares in property or in perpetual usufruct with a value exceeding the equivalent of EUR 5,000 thousand in PLN, excluding real property or perpetual usufruct, or share in real property or in perpetual usufruct acquired from Group companies,
7 purchase of fixed assets excluding real property, perpetual usufruct or share in real property or perpetual usufruct, bonds issued by companies of the Group and other fixed assets acquired from Group companies, with a value equal to or exceeding the equivalent of EUR 5,000 thousand in PLN,
8 disposal of fixed assets, including real property, perpetual usufruct or share in real property or perpetual usufruct, with a value equal to or exceeding the equivalent of EUR 5,000 in PLN, excluding real property or perpetual usufruct, or share in real property or in perpetual usufruct, as well as other fixed assets which, as a result of the disposal, shall be sold or encumbered to the benefit of Group companies,
9 incur contingent liabilities, including granting guaranties and sureties by the Company with a value exceeding the equivalent of EUR 5,000 in PLN,
10 issuing bills of exchange with a value exceeding the equivalent of EUR 5,000 in PLN,
11 interim dividends,
12 taking up or purchase of shares in companies other than Group companies with a value exceeding the equivalent of EUR 5,000 in PLN, excluding situations when the acquisition of shares of such companies occurs in exchange for Company claims under composition or bankruptcy proceedings,
13 disposal of shares with a value exceeding the equivalent of EUR 5,000 in PLN, including defining of the conditions and procedure for their disposal, excluding:

  1. disposal of shares which are traded on the regulated market,
  2. disposal of shares the Company holds in an amount not exceeding a 10% stake in the share capital of particular companies,
  3. disposal of shares to Group companies,
14 granting permission to establish Company branches abroad,
 15 defining the method of performing the voting right at the General Meeting of companies in which the Company holds over a 50% equity stake, in the following matters:

  1. disposal and leasing of the Company’s enterprise or an organised part thereof as well as establishing a limited proprietary right thereupon if their value exceeds the equivalent of the amount of EUR 5,000 in PLN,
  2. winding up and liquidation of the Company.
Power of the Company’s Supervisory Board related to the Management Board
1 appointing and dismissing Management Board members,
2 establishing executive compensation rules and the executive compensation paid to Management Board members, subject to § 43 item 2 p.1 of the Company’s Articles of Association,
3 suspending Management Board members for material reasons,
4 delegating Supervisory Board members to perform temporarily the duties of Management Board members who cannot perform their duties and establishing their executive compensation subject to the provision that the total executive compensation of the person delegated as a Supervisory Board member as well as on account of being delegated to temporary performing actions of a Management Board member shall not exceed the executive compensation established for the Management Board member for whom the Supervisory Board member is delegated,
5 conducting an executive search for a Management Board member,
6 conducting a competition to select a person with whom a management agreement is to be concluded,
7 granting permission to Management Board members to take positions in the governing bodies of other companies,
Other powers of the Company’s Supervisory Board
1 preparing reports of the Supervisory Board on supervision of implementation of investments by the Management Board, including the purchase of fixed assets, and in particular, giving opinions on the correctness and effectiveness of spending financial resources related to the above expenditures,
2 adopting by-laws describing in detail the Supervisory Board’s procedures.

The Supervisory Board’s current fourth term started on 15 May 2014, i.e. on the day of convening the Company’s Ordinary General Meeting approving the financial statements for the last full financial year during the Supervisory Board members’ third term, i.e. for the 2013 financial year. In accordance with the Company’s Articles of Association, the term of office is joint and lasts three years.

Supervisory Board as at 31 December 2015
1 Beata Chłodzińska Supervisory Board Chairwoman
2 Anna Mańk Supervisory Board Deputy Chairwoman
3 Jacek Szyke Supervisory Board Secretary
4 Anna Biesialska Supervisory Board member
5 Michał Czarnik Supervisory Board member
6 Maciej Koński Supervisory Board member
7 Leszek Koziorowski Supervisory Board member
8 Wojciech Myślecki Supervisory Board member
9 Renata Wiernik-Gizicka Supervisory Board member

 

Changes to the Supervisory Board in 2015

On 1 January 2015 the Supervisory Board consisted of the following members: Antoni Tajduś (Supervisory Board Chairman), Agnieszka Woś (Supervisory Board Deputy Chairwoman), Jacek Szyke (Supervisory Board Secretary), Andrzej Gorgol (Supervisory Board member), Maciej Koński (Supervisory Board member), Leszek Koziorowski (Supervisory Board member), Michał Michalewski (Supervisory Board member), Marek Ściążko and Maciej Tybura (Supervisory Board member).

On 7 August 2015 the State Treasury, acting pursuant to its personal rights specified in § 23 item 1(3) of the Company’s Articles of Association, dismissed Marek Ściążko (Supervisory Board member) from the Supervisory Board of TAURON.

On 7 August 2015, the Supervisory Board Chairman, Antoni Tajduś submitted his resignation from being the Supervisory Board Chairman, effective as of 7 August 2015.

On 12 August 2015 the State Treasury, acting pursuant to its personal rights specified in § 23 item 1(3) of the Company’s Articles of Association, dismissed the following persons from the Supervisory Board of TAURON: Agnieszka Woś (Supervisory Board Deputy Chairwoman), Andrzej Gorgol (Supervisory Board member) and Michał Michalewski (Supervisory Board member).

On 12 August 2015 the State Treasury, acting pursuant to its personal rights specified in § 23 item 1(1) and (3) of the Company’s Articles of Association, appointed the following persons as Supervisory Board members of TAURON for its fourth joint term: Grzegorz Barszcz, Beata Chłodzińska, Piotr Ciach, Katarzyna Kosińska and Jarosław Zagórowski.

On 6 October 2015, Supervisory Board member, Maciej Tybura, resigned from being a Supervisory Board member, with effect as of 7 October 2015.

On 2 December 2015 the State Treasury, acting pursuant to its personal rights specified in § 23 item 1(3) of the Company’s Articles of Association, dismissed the following persons from the Supervisory Board of TAURON: Piotr Ciach (Supervisory Board member), Grzegorz Barszcz (Supervisory Board member), Katarzyna Kosińska (Supervisory Board member) and Jarosław Zagórowski (Supervisory Board Deputy Chairman).

On 2 December 2015 the State Treasury, acting pursuant to its personal rights specified in § 23 item 1(1) and (3) of the Company’s Articles of Association, appointed the following persons as Supervisory Board members of TAURON for its fourth joint term: Anna Biesialska, Michał Czarnik, Anna Mańk and Wojciech Myślecki.

On 8 December 2015, the Company’s Extraordinary General Meeting, convened on 9 November 2015, continued on 23 November 2015 and 8 December 2015, after being adjourned, adopted a resolution to set the number of Supervisory Board members and a resolution to appoint Renata Wiernik-Gizicka to be a Supervisory Board member in the fourth joint term of office, effective as of 9 December 2015.

A detailed description of the Supervisory Board’s operations is included in the Regulations on the Supervisory Board’s Various Committees in TAURON Polska Energia S.A.

Audit Committee

In connection with the changes made in 2015 to the Company’s Supervisory Board during its fourth joint term of office, the Supervisory Board changed the members of the Audit Committee.

Audit Committee as at 31 December 2015
1 Wojciech Myślecki Chairman
2 Beata Chłodzińska Member
3 Michał Czarnik Member
4 Jacek Szyke Member

 

Changes to the Audit Committee

On 1 January 2015 the Audit Committee consisted of the following members: Agnieszka Woś (Chairwoman), Michał Michalewski, Jacek Szyke and Maciej Tybura.

In connection with the State Treasury’s dismissal of Agnieszka Woś (Chairwoman) and Michał Michalewski from the Supervisory Board on 12 August 2015, on 26 August 2015 the Supervisory Board appointed Beata Chłodzińska and Grzegorz Barszcz to the Audit Committee. On the same day, the Audit Committee elected Grzegorz Barszcz to be the Audit Committee Chairman.

In connection with Maciej Tybura’s resignation from being a Supervisory Board member on 6 October 2015, effective as of 7 October 2015, and the State Treasury’s dismissal of Grzegorz Barszcz from the Supervisory Board on 2 December 2015 and appointment of new Supervisory Board members, on 8 December 2015 the Supervisory Board appointed Michał Czarnik and Wojciech Myślecki to the Audit Committee. On the same day, the Audit Committee elected Wojciech Myślecki to be its Chairman.

In connection with the State Treasury’s appointment of new Supervisory Board members on 2 December 2015, on 8 January 2016 the Supervisory Board appointed Anna Biesialska to the Audit Committee.

Until the date of this report, no other changes have been made to the Audit Committee.

Audit Committee on the date of this report
1 Wojciech Myślecki Chairman
2 Anna Biesialska Member
3 Beata Chłodzińska Member
4 Michał Czarnik Member
5 Jacek Szyke Member

 

Tasks and powers of the Audit Committee

The table below presents the Audit Committee’s tasks and powers on the date of this report.

Table no 5. Powers of the Audit Committee

Issues requiring an Audit Committee resolution on the date of this report
1. monitoring the financial reporting process
2. monitoring the accuracy of the Company’s financial information
3. monitoring the effectiveness of internal control, risk management systems, compliance and internal audit functions
4. monitoring the performance of financial revision
5. monitoring the independence and impartiality of the statutory auditor and the audit entity auditing the financial statements, including the services they render other than financial audit
6. recommending an audit entity to audit the financial statements for the Supervisory Board

 

A detailed description of Audit Committee’s activities in the previous financial year may be found in the Supervisory Board’s Activity Report submitted on an annual basis to the General Meeting and published on the Company’s website http://www.tauron-pe.pl/.

Nomination and Executive Compensation Committee

In connection with changes made in 2015 to the Company’s Supervisory Board during its fourth joint term of office, the Supervisory Board changed the membership of the Nomination and Executive Compensation Committee.

Nomination and Executive Compensation Committee as at 31 December 2015
1 Leszek Koziorowski Chairman
2 Anna Biesialska Member
3 Beata Chłodzińska Member
4 Renata Wiernik-Gizicka Member

 

Changes to the Nomination and Executive Compensation Committee

On 1 January 2015 the Nomination and Executive Compensation Committee consisted of the following members: Antoni Tajduś (Chairman), Andrzej Gorgol, Leszek Koziorowski and Marek Ściążko.

In connection with the resignation submitted by Antoni Tajduś on 7 August 2015 from being the Supervisory Board Chairman and the State Treasury’s dismissal of Marek Ściążko from the Supervisory Board on 7 August 2015, followed by the dismissal of Andrzej Gorgol on 12 August 2015, on 26 August 2015 the Supervisory Board appointed the following persons to the Nomination and Executive Compensation Committee: Beata Chłodzińska, Katarzyna Kosińska and Piotr Ciach. On the same day the Nomination and Executive Compensation Committee elected Leszek Koziorowski to be its Chairman.

In connection with the State Treasury’s dismissal of Katarzyna Kosińska and Piotr Ciach from the Supervisory Board on 2 December 2015, and the appointment of new members, on 8 December 2015 the Supervisory Board appointed Anna Biesialska to the Nomination and Executive Compensation Committee.

In connection with the General Meeting’s appointment of new Supervisory Board member on 9 December 2015, on 17 December 2015 the Supervisory Board appointed Renata Wiernik-Gizicka to the Nomination and Executive Compensation Committee.

As of the date of this report, no other changes have been made to the Nomination and Executive Compensation Committee.

 

Tasks and powers of the Nomination and Executive Compensation Committee

The table below presents the tasks and powers of the Nomination and Executive Compensation Committee as at 31 December 2015 and on the date of this report.

Table no 6. Powers of the Nomination and Executive Compensation Committee

Issues requiring a Nomination and Executive Compensation Committee resolution
as at 31 December 2015 and on the date of this report
1. giving executive search recommendations to the Supervisory Board
2. assessing Management Board candidates and giving opinions to the Supervisory Board
3. giving recommendations to the Supervisory Board on the form and contents of agreements concluded with Management Board members
4. giving recommendations to the Supervisory Board on executive compensation and the incentive system for Management Board members
5. giving recommendations to the Supervisory Board on the need to suspend a Management Board member for material reasons
6. giving recommendations to the Supervisory Board on the need to delegate a Supervisory Board member to perform temporarily the duties of a Management Board member who cannot perform his or her duties with an executive compensation proposal

A detailed description of Nomination and Executive Compensation Committee’s activities in the previous financial year may be found in the Supervisory Board’s Activity Report submitted on an annual basis to the General Meeting and published on the Company’s website http://www.tauron-pe.pl/.

 

Strategy Committee

In connection with the changes made in 2015 to the Supervisory Board during its fourth joint term of office, the Supervisory Board changed the membership of the Strategy Committee.

Strategy Committee as at 31 December 2015 and on the date of this report
1 Jacek Szyke Chairman
2 Beata Chłodzińska Member
3 Maciej Koński Member
4 Anna Mańk Member
5 Wojciech Myślecki Member

 

Changes to the Strategy Committee

On 1 January 2015 the Strategy Committee consisted of the following members: Jacek Szyke (Chairman), Maciej Koński, Michał Michalewski and Marek Ściążko.

In connection with the State Treasury’s dismissal of Marek Ściążko from the Supervisory Board on 7 August 2015, followed by the dismissal of Michał Michalewski on 12 August 2015, and the appointment of new Supervisory Board members, on 26 August 2015 the Supervisory Board appointed the following persons to the Strategy Committee: Beata Chłodzińska and Jarosław Zagórowski.

In connection with the State Treasury’s dismissal of Jarosław Zagórowski from the Supervisory Board on 2 December 2015, and the appointment, on the same day, of new Supervisory Board members, on 8 December 2015 the Supervisory Board appointed the following persons to the Strategy Committee: Anna Mańk and Wojciech Myślecki.

On the date of this report, no other changes have been made to the Strategy Committee.

 

Tasks and powers of the Strategy Committee

The table below presents the Strategy Committee’s tasks and powers as at 31 December 2015 and on the date of this report.

Table No. 7. Powers of the Audit Committee

Issues requiring a Strategy Committee resolutionas at 31 December 2015 and on the date of this report
1. assessing Corporate Strategy and presenting its results to the Supervisory Board
2. recommending the scope and terms of submitting long-term strategic plans to the Supervisory Board
3. assessing the impact of planned and undertaken strategic investments on corporate assets
4. monitoring the implementation of strategic investments
5. assessing the disposal of significant assets
6. giving opinions on strategic documents submitted by the Management Board to the Supervisory Board

A detailed description of Strategy Committee’s activities in the previous financial year may be found in the Supervisory Board’s Activity Report submitted on an annual basis to the General Meeting and published on the Company’s website http://www.tauron-pe.pl/.

The non-executive compensation system for Supervisory Board members is based on a single-component monthly non-executive compensation whose amount varies by function (Chairperson, Deputy Chairperson, Secretary).

The table below presents the non-executive compensation of the Company’s Supervisory Board members in 2015.

Table no 8. Non-Executive Compensation of the Company’s Supervisory Board members in 2015 (in PLN thousand)

No. First and last name Period of holding the function in 2015 Non-executive compensation
and bonuses
1. Grzegorz Barszcz 12.08.2015 – 02.12.2015 33
2. Anna Biesialska 02.12.2015 – 31.12.2015 9
3. Beata Chłodzińska 12.08.2015 – 31.12.2015 55
4. Piotr Ciach 12.08.2015 – 02.12.2015 33
5. Michał Czarnik 02.12.2015 – 31.12.2015 9
6. Andrzej Gorgol 01.01.2015 – 12.08.2015 66
7. Maciej Koński 01.01.2015 – 31.12.2015 108
8. Katarzyna Kosińska 12.08.2015 – 02.12.2015 33
9. Leszek Koziorowski 01.01.2015 – 31.12.2015 108
10. Anna Mańk 02.12.2015 – 31.12.2015 10
11. Michał Michalewski 01.01.2015 – 12.08.2015 66
12. Wojciech Myślecki 02.12.2015 – 31.12.2015 9
13. Jacek Szyke 01.01.2015 – 31.12.2015 120
14. Marek Ściążko 01.01.2015 – 07.08.2015 65
15. Antoni Tajduś 01.01.2015 – 07.08.2015 87
16. Maciej Tybura 01.01.2015 – 07.10.2015 83
17. Renata Wiernik-Gizicka 09.12.2015 – 31.12.2015 7
18. Agnieszka Woś 01.01.2015 – 12.08.2015 81
19. Jarosław Zagórowski 12.08.2015 – 02.12.2015 40
 Total 1      022