Resignation of a Member of the Board of Directors of LPP S.A.

The Board of LPP SA wishes to inform that on 8 December 2014, Dariusz Pachla tendered his resignation from the post of Vice Chairman of the Board of Directors of LPP SA with effect from 31 December 2014, while still remaining an employee of LPP SA.

Marek Piechocki – Chairman of the Board and Jerzy Lubianiec – Chairman of the Supervisory Board as the main shareholders of LPP SA offered Dariusz Pachla the position of a member of the Supervisory Board. Giving the consent of Mr. Pachla, Marek Piechocki, shall put forward a proposal to the forthcoming AGM to appoint Darius Pachla as a member of the Supervisory Board of LPP SA.