Current Report No.: 20/2022

Date of preparation: 18.05.2022

Abbreviated name of the Issuer: CIECH S.A.

Subject: Appointment of members of the Audit, Remuneration and ESG Committees of the Supervisory Board of CIECH S.A.

Legal basis: Art. 56 section 1 point 2 of the Act on Public Offering – current and periodic information

Text of the report:

The Management Board of CIECH S.A. (the “Company” or “Issuer”), in reference to current report no. 15/2022 of 28 April 2022, informs that on 18 May 2022, the Supervisory Board of the Issuer adopted a resolution under which it appointed the following members of the Audit Committee: Mr. Marek Kośnik, Mr. Martin Laudenbach and Mr. Artur Olech. Mr. Artur Olech was elected by the members of the Audit Committee as its Chairman.

The aforementioned composition of the Audit Committee meets the independence criteria and requirements specified in article 129 section of the Act of 11 May 2017 on statutory auditors, audit firms and public supervision.

Furthermore, the Supervisory Board of the Issuer adopted resolutions on the appointment of:

1.the following members of the Remuneration Committee: Mr. Sebastian Kulczyk and Mr. Marek Kośnik. 

2.the following members of the ESG Committee: Mrs. Natalia Scherbakoff, Mr. Łukasz Rędziniak and Mr. Martin Laudenbach. 

Information on education, qualifications and previously held positions, together with a description of the professional career progress of the aforementioned individuals was made public in current report no. 15/2022 of 28 April 2022.

Legal basis: § 5 pt. 5), in conjunction with § 10 pt. 3), of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic information provided by issuers of securities and conditions for recognising as equivalent information required by the laws of a non-member state.

Signatures of the Company’s representatives:

Dawid Jakubowicz – President of the Management Board  

Mirosław Skowron  - Member of the Management Board