Change of Supervisory Board of Magna Polonia S.A.

The Management Board of Magna Polonia Spółka Akcyjna with the registered office in Warsaw (“Issuer”, “Company”), acting based on Article 56.1.2.(a) of the Act of 29 July 2005 on public offering and introduction of financial instruments to organised trading and on public companies, in connection with §5.1 points 21 and 22 of the Minister of Finance Regulation of 19 February 2009 on current and periodic information provided by issuers of securities, hereby informs that at the session of the Company’s Supervisory Board which took place today, at the registered office of the Company, Mr Sebastian Bogusławski and Mr Tadeusz Pietka filed written statements of resignation from the Supervisory Board Member function, effective at the end of 20 November 2015.The statements did not provide further grounds for such resignation of Mr Tadeusz Pietka and Mr Sebastian Bogusławski.

The Management Board wishes to express thanks to Mr Sebastian Bogusławski and Mr Tadeusz Pietka for their participation in works of the Supervisory Board.

Furthermore, the Management Board of the Issuer hereby informs that at the session of the Supervisory Board which took place today the Supervisory Board added to new members in lieu of the resigned ones, with the new tenure starting on 21 November 2015:Mr Bogusław Piwowar and Mr Przemysław Wipler.The information concerning the new board members are stated below, as required under §28 points 4, 5 and 6 of the Minister of Finance Regulation of 19 February 2009:

Mr Bogusław Piwowar

Mr Bogusław Piwowar completed undergraduate studies at the University of Warsaw, Department of Journalism and Politics. He holds a post-graduate diploma in media law from the Jagiellonian University, Department of Law, a business administration diploma from the Warsaw School of Economics, Department of Management and Finance, and MBA studies.Bogusław is a lecturing professor in the area of PR/lobbying and marketing/advertising.He is an author of several publications in the field of business administration, promotion and lobbying.In 2002, Bogusław was distinguished with the Golden Cross of Honours.He has been closely related with the media since the beginnings of his professional career.In 1989, he was appointed to the Press Office of the Polish Government and, in 1993, the Advertising Director at the National Broadcasting Council.In 1998-2004, Bogusław headed the Management Board and Corporate Office at Telewizja Polska, the Polish national broadcaster.In 2006-2010, he was the Vice President of the Business Centre Club and the Director of BCC’s Lobbying and Education Office.

In July 2009, he was appointed to the Supervisory Board of Telewizja Polska, then elected as its Assisting Chairman and later the acting Chairman (2009).Next, the Supervisory Board delegated Bogusław to become the President of the Management Board until 2 March 2011. On 3 March 2011, he were re-elected into the Supervisory Board, including a period from 6 May to 14 July 2011 when Bogusław was again delegated to work as a member of the Management Board of Telewizja Polska.He was the member of the Management Board also afterwards until August 2015.

According to his statement filed by Mr Bogusław Piwowar, he does not operate an activity that would be competitive towards Magna Polonia, does not participate in any competitive companies or partnerships, as a partner of a general or other partnership or as a member of bodies of a capital company, or in any other competitive legal entity, as a member of its body.According to the statement, Mr Bogusław Piwowar does not have a file in the Register of Insolvent Debtors which is maintained according to the Act on the National Court Register.

Przemysław Wipler

Przemysław graduated from the University of Warsaw, Department of Law and Administration.He majored in tax law and later became a consultant for Deloitte and Ernst & Young, among others.In 2005-2008, Przemysław worked at the Ministry of Economy as the Director of Energy Supply Diversification Department.In 2008-2009, he was the General Director of Jagiellonian Institute.From 2009 to 2011, he was the Vice President of the Management Board of BIO-Alians Sp. z o.o. In 2009, he became the President of the Republican Foundation that he has founded.He was a member of the Supervisory Boards ofPrzedsiębiorstwo Eksploatacji Rurociągów Naftowych Przyjaźń, Przedsiębiorstwo Przeładunku Paliw Płynnych Naftoport, and others.In 2011-2015, Przemysław was elected the Member of Parliament for Tenure VII of Polish Sejm. During that period, he was a member of the Parliamentary Committee for Public Finance, the Committee for Administration and Digitisation, the Permanent Sub-Committee for Tax System Monitoring, and many others.

According to his statement filed by Mr Przemysław Wipler, he does not operate an activity that would be competitive towards Magna Polonia, does not participate in any competitive companies or partnerships, as a partner of a general or other partnership or as a member of bodies of a capital company, or in any other competitive legal entity, as a member of its body.According to the statement, Mr Przemysław Wipler does not have a file in the Register of Insolvent Debtors which is maintained according to the Act on the National Court Register.

Mirosław Janisiewicz – President of Management Board

Tom Ruhan – Vice President of Management Board

20 November 2015