Investor relations

Legal basis: Article 56(1) point 2 of the Act on public offering – current and periodic information

Topic: Appoint of the Company’s Management Board for the 4th joint term of office

Content of the report:

Pursuant to § 5(1) point 22) of Regulation of the Minister of Finance dated 19 February 2009 on current and periodic information published by issuers of securities and on the conditions under which such information may be recognised as being equivalent to information required by the regulations of law of a state which is not a member state (Journal of Laws No 33 of 28 February 2009 item 259) (‘Regulation’), J.W. Construction Holding S.A. with its registered office in Ząbki (‘Company’) reports that on 23 June 2017, since on 26 June 2017 the term of office expired and the number of members of the Company’s Management Board was fixed at 4:

I) The Supervisory Board appointed the following persons to the Company’s Management Board for the 4th joint term of office:

1) Mr Wojciech Rajcherter as member of the Company’s Management Board. The description of Mr Wojciech Rajchert’s education, qualification and background and previous course of his career is provided in his CV attached to this notice. Mr Wojciech Rajchert is a member of bodies of the Company’s Group, and a member of the following Supervisory Boards: J.W. Energy S.A. with its registered office in Nowogard, J.W. Biochemical S.A. with its registered office in Ząbki, whose operations are not competitive to the Company, he does not pursue any other activity which might be competitive to the Company, he is not a shareholder in any competitive Civil Code company or partnership, he is not entered in the Register of Insolvent Debtors.

2) Ms Magdalena Starzyńska as a member of the Company’s Management Board. The description of Ms Magdalena Starzyńska’s education, qualification and background and previous course of his career is provided in her CV attached to this notice. Ms Magdalena Starzyńska is a member of bodies of the Company’s Group, and a member of the Supervisory Board of J.W. Biochemical S.A. with its registered office in Nowogard, whose operations are not competitive to the Company, she does not pursue any other activity which might be competitive to the Company, she is not a shareholder in any competitive Civil Code company or partnership, she is not entered in the Register of Insolvent Debtors.

II) The Company received statements on the exercise of the personal right of the shareholder who holds more than 50 % of the Company’s shares concerning the appointment of the following persons to the Management Board of the 4th joint term of office:

1) Mr Piotr Suprynowicz as member of the Company’s Management Board. The description of Mr Piotr Suprynowicz’s education, qualification and background and previous course of his career is provided in his CV attached to this notice. Mr Piotr Suprynowicz is a member of bodies of companies in the Company’s Group, he does not pursue any other activity which might be competitive to the Company, he is not a shareholder in any competitive Civil Code company or partnership, he is not entered in the Register of Insolvent Debtors.

2) Ms Małgorzata Ostrowska as a member of the Company’s Management Board. The description of Ms Małgorzata Ostrowska’s education, qualification and background and previous course of his career is provided in her CV attached to this notice. Ms Małgorzata Ostrowska is a member of bodies of companies in the Company’s Group, she is a shareholder at Melkorn spółka z o.o. with its registered office in Użranki, whose activity is not competitive to the Company, she does not pursue any acivity competitive to the Company, she is not a shareholder in any competitive Civil Code company or partnership, she is not entered in the Register of Insolvent Debtors.

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