The Executive Board of Apator SA announces that Mr Piotr Nowak was nominated the Member of the Executive Board  and he will take up its position of the Member of the Executive Board – Finance Director on the 1stJuly 2014.

Further to the above since 1st July 2014 the Executive Board of Apator S.A. will be operating in the following four- person make –up:

- Andrzej Szostak – President of the Executive Board,

- Tomasz Habryka – Member of the Executive Board,

- Jerzy Kuś – Member of the Executive Board

- Piotr Nowak – Member of the Executive Board.

The tenure of the Executive Board is common and it expires on the day of the Ordinary General Shareholders Meeting to be held in 2016.

Mr Piotr Nowak is the Member of Association of Chartered Certified Accountants and he graduated English Philology from Nicolaus Copernicus University in Toruń and he also graduated from IESE Busines School at Navarra University in Barcelona.

In 2006 - 2014 Mr Piotr Nowak worked in Netia SA, leading alternative telecommunication operator in Poland. He took the position of Finance Director and Deputy Member of the Executive and Board and he performed the operating and advisory functions referring to fundraising, controlling and M&A, i.e. in the take-over of Dialog S.A. In 2003 - 2006 he was the Director of Controlling Department in PTC sp. z o.o. (currently T-Mobile Polska. In 2000 - 2003 he was the Member of the Executive Board – Finance Director in Lucent Technologies Poland.   In 1994 - 2000 he took-up managing and analytical positions in Ernst & Young Polska.

Mr Piotr Nowak does not run any competitive business to Apator SA and he is not a partner in any competitive civil law partnership and he is not a member of the body of competitive corporation and he is not a member of  any other legal entity .

Mr Piotr Nowak is not registered in Insolvent Debtors Register kept based on Act of National Court Register

Legal basis: §5 para 1 point 22 of the Regulation of Minister of Finance dated regarding current  and regular information being transferred by the issuers of securities and conditions to be considered as  equivalent information  required by law of the country not being the member of the EU.