Extension of the composition of the Management Board to 3 persons and appointment of a new member of the Management Board namely, Mr Paweł Robert Szewczyk entrusting him with the function of the Vice-President of the Management Board from 1 May 2012.

On 23 January 2012, the Supervisory Board, following the petition of the President of the Issuer's Management Board, adopted a resolution on extending the composition of the Management Board to consist of 3 persons and appointed a new member of the Management Board - Mr. Paweł Robert Szewczyk, entrusting him with the function of the Vice-President of the Management Board from 1 May 2012.

Mr. Paweł Robert Szewczyk is a legal counsel. He graduated from the Faculty of Law at Maria Curie-Skłodowska University in Lublin, where in 1996 he obtained the Master of Laws degree. In 1999, he completed legal counsel training in the District Chamber of Legal Counsels in Lublin. Moreover, in 2007, he accomplished MBA postgraduate studies at Dublin City University - Business School and in Lublin School of Business.
Professional career of Mr Paweł Robert Szewczyk
04.2009 - 08.2011 Chief Executive Officer of Cersanit Invest Sp. z o.o. (Ukraine)
09.2010 - present Sole proprietorship under the name Sectrum Biuro Prawne i Konsultingowe Paweł Szewczyk in Zamość
06.2008 - present Holder of commercial proxy in Andbud Sp. z o.o. Dąbrowa
Partner in Andbud Sp. z o.o. Dąbrowa
09.2007 - present Member of the Supervisory Board of Cersanit Romania SA (Romania)
12.2007 - present Member of the Management Board of "Projekt Echo-78" Sp. z o.o. operating later under the name Cersanit IV Sp. z o.o. Krasnystaw
06.2001 - present Member of the Management Board of Cersanit I Sp. z .o. o. Krasnystaw
09.1998 - 06. 2001 Legal counsel of Cersanit I Sp. z o.o. Krasnystaw
06.2000 - 06.2001 Member of the Supervisory Board of Cersanit II S.A. (Starachowice) and Cersanit III S.A. (Wałbrzych)
11.1998 - 09. 2000 Legal counsel - Cersanit Krasnystaw SA
04.1997 - 11.1998 Legal counsel - OSK sp. z o.o. Zamość
09.1995 - 03.1997 Legal consultant - Lex-Astra Biuro Prawnicze i Konsultingowe in Lublin
We heartily congratulate Mr Paweł on the appointment and we wish him success!