Legal basis: Article 56 para. 1 point 2 of the Act on the offer - current and periodic information
The Management Board of NEWAG S.A. ("Issuer, Company") announces that today the Management Board was informed that the shareholder of Nationale-Nederlanden Otwarty Fundusz Emerytalny with its registered office in Warsaw (the "Fund") represented by Nationale-Nederlanden General Pension Society S.A. at the Ordinary General Meeting of the Company, whose debate will be resumed on 13/06/2018, by proxy will nominate Mr. Piotr Palenik as a member of the Company's Supervisory Board.
The fund informed that according to the received statement, Mr. Piotr Palenik meets the criteria as an independent member of the Supervisory Board.
Mr. Piotr Palenik agreed to stand and declare that:
1. he has full legal capacity and has not been convicted of a valid sentence for crimes in the provisions of chapters XXXIII - XXXVII of the Criminal Code and in art. 585, 587, 590 and 591 of the Code of Commercial Companies; 2. does not perform public functions and does not occupy positions referred to in the Act of August 21, 1997 on limitation of conducting business activity by persons performing public functions; 3. does not engage in any competitive activity with the Company, does not participate in a company competing with the Company as a partner in a civil law partnership, partnership or as a member of a body of a capital company or a member of any competitive legal entity;
4. is not entered in the Register of Insolvent Debtors kept pursuant to the Act of August 20, 1997 on the National Court Register;
5. meets the independence criteria of a member of the Company's Supervisory Board.
The Issuer submits the CV of the candidate enclosed. At the same time, the Issuer informs that the consent to the candidature, the candidate's declaration regarding the conditions of performing the function of a member of the Supervisory Board and the declaration on meeting the independence criteria will be made available to the shareholders at their request.
Legal basis: § 19 para. 1 point 2) of the Regulation of the Minister of Finance of March 29, 2018 regarding current and periodic information published by issuers of securities and conditions for recognizing information required by law of a non-member country as equivalent (Dz.U.2018.757 of 20 April 2018r.).
Source: company website, investor relations, current and periodic reports.