Legal grounds: Art. 56 sec. 1 item 2 of the Act on Offerings – current and periodic information
Body of the report:
The Management Board of Jastrzębska Spółka Węglowa S.A. ("Company") would like to advise that on 6 October 2011 it received a representation of the Deputy Prime Minister Waldemar Pawlak that the State Treasury (the company's shareholder) appointed, pursuant to §15 sec. 12-13 of the Company's Articles of Association, Mr. Alojzy Zbigniew Nowak to the Supervisory Board of the 7th term of office, where he will serve as a Supervisory Board Member.
Alojzy Z. Nowak
Professor of Economic Sciences (2002), Dean of the Faculty of Management at the University of Warsaw (since 2005), Head of the National Economy Department and the International Economic Relations Unit of the Faculty of Management at the University of Warsaw and head of the Finance Department at the Leon Koźmiński Academy in Warsaw. Chairman of the Scientific Council of the Warsaw University's European Center.
Graduated with a degree in Banking and Finance from the University of Exeter (UK), in Economics from the University of Illinois at Urbana Champaign (USA) and Free University of Berlin (Germany).
Member of the Scientific Research Committee of the National Bank of Poland and member of the NewConnect advisory committee to the Management Board of the Warsaw Stock Exchange.
His academic interests include banking, international business relations and financial markets management. The subject of his doctoral dissertation was monetary policy, and the habilitation dissertation was written on the subject of banking and finance.
Wrote more than 170 academic publications on the subject of regional integration processes and monetary unions, foreign investments, business conditions, banking and international economic relations which were published by Polish and foreign academic journals and periodicals. Member of program councils and editorial boards of numerous Polish and foreign academic periodicals, including "Gazeta Bankowa", "Journal of Interdisciplinary Economics", "Cross Cultural Management", "Yearbook on Polish European Studies", "Problems of Management" and others.
Lecturer of subjects such as banking, commercial bank, money and money markets, economic analysis of the European Union, European Union's finances on Polish and foreign universities in the United States, United Kingdom, France, Germany and Russia.
Winner of numerous awards for academic achievements, including, among others, the Award of the Minister of National Education for the book "Banks and households – development dynamics" and the book "European Union – an opportunity for Poland".
Manager of EU and NATO grants and grants of the Academic Research Committee (KBN).
According to his representation, Mr. Alojzy Nowak is not conducting any business outside the Issuer’s enterprise or any business competitive to that of the Company. He is not a partner in any civil law company or partnership or a member of any corporate body of a joint stock or limited liability company competitive to the Company, nor is he involved with any other competitive legal person as a member of its corporate body. He is not listed in the Register of Insolvent Debtors kept pursuant to the National Court Register Act.
Legal grounds: § 5 sec.1 item 22 of the Regulation issued by the Finance Minister on 19 February 2009 on the Current and Periodic Information Transmitted by Securities Issuers and the Conditions for Recognizing the Information Required by the Regulations of a Non-Member State as Equivalent.