Body of the report:
The Management Board of Jastrzębska Spółka Węglowa S.A. (“Company”, “JSW”) hereby reports that, on 6 March 2017:
Today the Company received a resignation as of 3 March 2017 submitted by Mr. Józef Pawlinow from the function of a JSW Management Board Member, Vice-President of the Management Board for Technical Matters. Mr. Józef Pawlinów did not provide the reason for his resignation.
The Company’s Supervisory Board adopted a resolution to dismiss Mr. Tomasz Gawlik acting in the capacity of the Company’s Management Board from the JSW Management Board as of today. The Supervisory Board did not state the reason for his dismissal.
The Company’s Supervisory Board adopted a resolution to delegate, as of 6 March 2017, but no longer than until 6 June 2017, Mr. Daniel Ozon to act temporarily in the capacity of President of the JSW S.A. Management Board.
Mr. Daniel Ozon is a graduate of the Warsaw School of Economics and of the Faculty of Law of the University of Warsaw. He specialized in corporate consulting, banking (investment and corporate), mergers, acquisitions, restructuring, finance, management, value growth management.
Since 2014 he has been working with EDF Trading in London advising on the acquisition of energy and gas trading on the Polish and CEE markets. Since 2011 he has been a partner in the Carlson Private Equity Ltd. Fund. Since 2010 he has been a co-owner of the Ventus Asset Management SA brokerage house holding a full license from KNF (Polish Financial Supervision Authority).
From 2008 to 2011, he worked with Experior Partner and from 2006 to 2008 he was associated with JSW where he acted in the capacity of the Vice-President of the Management Board, Director of the Corporate Governance and Capital Strategy Office. Among others, he coordinated the merger of the Budryk mine with JSW headed the work on JSW’s development strategy.
From 2004 to 2006 he worked for BBK Polska as a director. From 1999 to 2004 he was employed at Bank Handlowy Citibank where he headed the Restructuring Department and the Trade Finance Department.
Mr. Daniel Ozon has been a member of the JSW Supervisory Board since 4 August 2016.
Mr. Daniel Ozon is not involved in any activities competitive to those he performs at JSW S.A. He is not a partner in any competing civil law company or partnership, nor is he a member of any governing body of a corporation, nor is he involved in any other competitive legal person as a member of its governing body. Nor is he listed in the Register of Insolvent Debtors kept pursuant to the National Court Register Act.
Legal basis: § 5 section 1 items 21 and 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.