Appointment of members of the Management Board for a new term
The Management Board of Magna Polonia Spółka Akcyjna (“Issuer”, “Company”), acting under Section 5(1)(22) in conjunction with Section 28 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information provided by issuers of securities and conditions for recognition as equivalent of information required by laws of a non-Member State (“Regulation”), informs that on 14 April 2016, the Supervisory Board of the Company appointed the following persons as members of the Management Board for the next, eleventh term of office:
- Mr Mirosław Janisiewicz to act as the President of the Management Board;
- Mr Tom Ruhan to act as the Vice-President of the Management Board.
The persons mentioned above were appointed with effect from the date of approval by the Annual General Meeting of the Company of its financial statements for the financial year ended on 31 December 2015.
Mr Mirosław Janisiewicz and Mr Tom Ruhan hold positions in the Company’s Management Board of the current term. The Management Board of the Company hereby publishes the information about Mr Mirosław Janisiewicz and Mr Tom Ruhan required under Section 28(4)-(6) of the Regulation:
Mr Mirosław Janisiewicz, born in 1977, studied Management and Marketing at the Warsaw School of Economics in the years 1996-1999.
He has been involved with the telecommunications market for 20 years. In the first stage of his professional career, he worked for telecommunications companies in Poland such as PTK Centertel, the operator of the Orange network (1996-1998), Tel-Energo (1998-2000) and Netia S.A. (2000-2004). In 2005, he gave up working for corporations to run a private investment business in the telecommunications market. He invested in the equity of the Premium Internet S.A. company, in which he carried out the restructuring process while holding the position of a Member of its Supervisory Board, and then a Member of the Management Board in the years 2005-2006. In January 2009, as a result of the acquisition by Rasting Limited of a new issue of shares, he invested in NFI Magna Polonia S.A., in which he held the position of the Supervisory Board’s Chairman until July 2010. In the years 2008-2013, he held managerial positions in the companies Mediatel S.A. and Elterix S.A. Since March 2013, he has served as the President of the Management Board of Magna Polonia S.A. Mr Mirosław Janisiewicz is also the President of the Management Board of the subsidiary Corponet Sp. z o.o. and a member of the Supervisory Board of the affiliate Imagis S.A.
Mr Mirosław Janisiewicz is a shareholder of the Company, holding shares representing 30.40% of the share capital of Magna Polonia S.A.
According to his statement, Mr Mirosław Janisiewicz is not listed in the Register of Insolvent Debtors kept under the Act on the National Court Register, and he does not conduct an activity competitive with the Company and companies of the Magna Polonia Group, does not participate in a competitive company or partnership as a member of a company’s body or a partner of a partnership and is not involved in any other competitive legal person as a member of its authority.
Mr Tom Ruhan, 52, graduated from the Faculty of Law at the University of Warwick in the United Kingdom. In the years 2003 – 2014, he served as the Chief Officer for Legal Affairs and Acquisitions and a member of the Management Board of the Netia S.A. company. Mr Tom Ruhan supervised, in legal terms, the completion of the financial restructuring of Netia, conversion of its concession fees and acquisition of nearly 60 companies (including RST El-Net SA, Pro Futuro SA, Tele2 Polska Sp. z o.o.), which were then merged with other operating companies of the Netia Group. He also oversaw the company’s regulatory policy and numerous lawsuits of the Netia Group; in particular, he was responsible for works concerning litigation against telecommunications operators, including the Orange Polska Group.
In the years 1991 – 2003, Mr Tom Ruhan worked in the ”Wardyńscy i Wspólnicy” law firm, holding various positions and advising on numerous privatization processes, including of Telekomunikacja Polska SA, as well as on the financial restructuring of Netia SA, acting as an advisor (Of Counsel).
In the years 2009 – 2014, Mr Tom Ruhan was a member of the Board (and in the years 2011 – 2014, the Chairman of the Board) of the European Association for Competitive Telecommunications (ECTA). Moreover, he served three terms as the Vice-President of the Telecommunications Operators’ Section (SOT) at the Polish Chamber of Commerce for Electronics and Telecommunication (KIGEiT). At present, he is a board member of the KIGEiT and serves a member of the Management Board of the Polish Chamber of Electronic Communication (PIKE). He is also a board member of the “Dorastaj z nami” Foundation, the aim of which is education of and material aid for children whose parents died while serving the public (children of injured firefighters, soldiers, mountain rescuers, and police officers).
Mr Tom Ruhan does not run an activity competitive with the activity of the Company and its affiliates. He neither participates in a competitive company or partnership as a member of a company’s body or a partner of a partnership nor is involved in any other competitive legal person as a member of its authority. He is not listed in the Register of Insolvent Debtors kept under the Act on the National Court Register.
Mirosław Janisiewicz – President of the Management Board
Tom Ruhan – Vice-President of the Management Board
15 April 2016