Legal basis: art. 56 section 1 section 2 of the Act on Offerings – current and periodic information
Body of the report:
The Jastrzębska Spółka Węglowa S.A. Management Board („Company”, „JSW S.A.”) announces that on 25 April 2013 the Company’s Supervisory Board adopted a resolution to appoint Mr. Robert Kozłowski, as of the date of holding this year’s Ordinary Shareholder Meeting of the Company, to be the Vice-President and CFO in the JSW S.A. Management Board of the eighth term of office. Mr. Robert Kozłowski does not conduct competitive activity with the Company, nor does he participate in a competing company as a partner in a civil law partnership or a partnership or as a member of a corporate body in a company, nor does he participate in some other competing legal entity as a member of a corporate body. In addition, he has not been entered in the Register of Insolvent Debtors, kept pursuant to the Act on the National Court Register.
Below please find information about Mr. Robert Kozłowski’s education, qualifications and the positions he has held previously, plus a description of his professional career.
Mr. Robert Kozłowski is a graduate of the Faculty of International Trade at the Warsaw School of Economics (School of Planning and Statistics) and he obtained a master’s degree in economics with a specialization in the economics and organization of foreign trade.
He completed a Course of Study on IPMA Project Management conducted by ODiTK and BCC, as well as a course for supervisory board members of state treasury-owned companies.
He has extensive knowledge of finance and management in traditional industrial sectors with a high level of capital intensity, familiarity with the capital markets and extensive international management experience in conducting industrial projects related to non-ferrous metallurgy, underground construction and the sales of machinery, plant and complete lines of technology (Brazil, North Africa, old European Union member states).
He has participated in numerous courses, internships and training programs on finance, banking and portfolio management conducted by reputable financial institutions (including the American Institute of Banking, The Wharton School of the University of Pennsylvania, Societe Generale, Dresdner Bank, Charterhouse, IFF, EVCA), audit firms and tax advisory firms (Grant Thornton Frąckowiak, Ożóg i Wspólnicy), as well as on management in industrial sectors (large-scale chemical production, biofuels, power sector, metallurgy).
He specializes in issues associated with strategic planning, corporate mergers and acquisitions, investment project finance and turnaround management.
In the course of his career he has acted in the capacity of management board member and financial director in companies, closed-end mutual funds, manufacturing and trading companies and groups, including also public companies.
He has discharged corporate governance functions as the chairman and as a member of supervisory boards in a number of manufacturing and trading companies, primarily in the traditional sectors of industry with a high level of capital intensity.
Since 1 April 2012 he has been acting in the capacity of Vice-President and CFO in Jastrzębska Spółka Węglowa S.A. concentrating on issues related to building the position of the Financial Area in the Capital Group as a partner supporting the process of taking operational and strategic decisions – to support strategic development projects and their financing, to enhance controlling processes and to control operating expenses as well as to manage financial risks in a centralized manner.
Legal basis: § 5 section 1 sub-section 22 of the Finance Minister’s Regulation of 19 February 2009 on the current and periodic information conveyed by Securities issuers and the conditions for recognizing the information required by the regulations of a non-member state as being equivalent.