Current Report No. 36/2013: Changes in composition of KRUK S.A. Management Board

Date of the report: May 9th 2013

Abbreviated name of the Company: KRUK S.A.

Subject: Changes in composition of KRUK S.A. Management Board

Legal basis: Art. 56.1.2 of the Public Offering Act – current and periodic information
 

Text of the report:

The Management Board of KRUK S.A. (the “Company”) reports that on May 9th 2013 Mr Rafał Janiak resigned from his position as Management Board Member with effect as of August 31st 2013, tendering his resignation to the Chairman of the Company’s Supervisory Board.  Mr Janiak cited important personal and family reasons, related in particular to his residence outside of Poland. 

In view of the foregoing, the Supervisory Board – by way of a resolution of May 9th 2013 – resolved to assign the function performed to date by Mr Rafał Janiak to Management Board Member Mr Michał Zasępa as of September 1st 2013, appointing the latter to the position of Management Board Member for Finance with effect as of September 1st 2013 and removing him from the position of Management Board Member for Investments and Development with effect as of August 31st 2013. 

Further, the Supervisory Board resolved to change the number of Management Board members – from six to five persons.