CR 36/2014 Appointment of new Management Board member

Appointment of new Management Board member

Current report no.: 36/2014

Date: 10.12.2014

The Management Board of LPP SA hereby informs that on 10 December the Supervisory Board of LPP SA appointed new Vice President of LPP SA Management Board as of 01 January – Mr Przemysław Lutkiewicz who will be Finance Director for LPP SA at the same time.

Przemysław Lutkiewicz born in 1970; he is a graduate of Gdynia Maritime University  and of the Faculty of Management at Gdansk University, as well as of Postgraduate Studies at Gdansk University of Technology.

LPP SA Financial Controller since 2008. As a member of the Finance Department, Mr. Lutkiewicz established the Controlling Department which monitors the work of analysts, auditors and security units within the sales networks. He implemented the use of IT tools for management information needed to direct all of the companies forming the LPP SA group of companies. He was also active in foreign institutional investor relations.

He started his career in 1994 at Powszechny Bank Kredytowy SA. From 1995 until 2008, he worked for PolCard SA / First Data Polska SA where he held posts from Financial Planning and Reporting Unit Manager to Financial Planning and Controlling Director. In 2006-2007, he was a member of the Management Board and Chief Financial Officer of First Data Polska SA.

In 2007-2008, he was active in establishing First Data’s Shared Services Centre in Gdansk, serving as Finance and Controlling Director.

Przemysław Lutkiewicz does not carry on any competitive activity against the Company, he is not a

shareholder or a member of any body of any competitive legal person. He is not entered in the

Insolvent Debtors Register kept pursuant to the Act on the National Court Register.