Appointment of a Member of the Management Board for Finance of PKP CARGO S.A. in restructuring

Management Board of PKP CARGO S.A. in restructuring (“Company”, “Issuer”), informs that on February 14, 2025, as a result of the qualification procedure, the Company’s Supervisory Board adopted Resolution No. 274/VIII/2025 on the appointment of Mr. Michał Łotoszyński to the Management Board of PKP CARGO as Member of the Management Board for Finance with effect from February 17, 2025 for the joint 9th term of office.

According to the submitted declarations, the newly appointed Member of the Management Board for Finance does not conduct any activity competitive to the Company, does not participate in a competitive company as a partner in a civil partnership, partnership or capital company, does not participate in another competitive legal person as a member of its body and has not been entered in the Register of Insolvent Debtors kept pursuant to the National Court Register Act.

Information about the education, qualifications and professional career of the Member of the Management Board for Finance is attached to this report.

Legal basis:
§ 5 Item 5 of the Finance Minister’s Regulation of 29 March 2018 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 (Journal of Laws of 2014 Item 133, as amended).