Piotr Kaczmarek - Member of the Supervisory Board, Member of the Audit Committee, Member of the Nomination and Remuneration Committee

Piotr Kaczmarek - a graduate of the University of A. Mickiewicz in Poznań, faculty of German philology. He holds a CFA title and a securities broker license.

He has been associated with the capital market since the beginning of his professional career. He has 19 years of experience in the analysis and valuation of financial instruments. He managed the equity portfolios of the two largest pension funds in Poland: ING OFE and AVIVA OFE. He is the co-author of the first model "Principles of Corporate Governance" on the pension fund market.

Initially, he worked as a securities broker at Dom Maklerski BMT S.A. (1994-1995), and at Bank Handlowy in Warsaw (1997-1998), and then as a capital market dealer at Bank America in Poland (1999-2000). In 2000-2008, he was associated with ING Nationale-Nederlanden Polska PTE S.A., where he worked successively as an equity analyst, stock portfolio manager, and equity investment director. In 2006, he was appointed a member of the Society's Management Board and took the position of director of the investment department. In the years 2009-2010 he was employed as a manager at Skarbiec TFI S.A. In 2011-2016 he worked at Aviva PTE BZWBK S.A. by taking the positions of a senior analyst and stock portfolio manager.

He has many years of experience in working in audit committees of listed companies. In the past, he was a member of supervisory boards and audit committees in public companies: ROBYG S.A., HARPER HYGIENICS S.A., ERBUD S.A. and a member of the supervisory board in the non-public company NOVASERVIS SPOL. S.R.O.

Currently, he is a member of supervisory boards and audit committees in public companies: GRUPA KĘTY S.A., FERRO S.A., DEVELIA S.A., VRG S.A.

Piotr Kaczmarek meets the criteria of being independent referred in Article 129, paragraph 3 of the Act of May 11, 2017 on Auditors, Audit Firms and Public Supervision. Piotr Kaczmarek meets the criteria of being independent referred to in principle 2.3. of the “The Best Practice for GPW Listed Companies 2021” adopted by The Exchange Supervisory Board in its Resolution No. 13/1834/2021 of 29 March 2021 regarding have no actual and material relations with any shareholder who holds at least 5% of the total vote in the company