Appointment of members of the Supervisory Board of Izostal S.A.

Legal basis: Art. 56 clause 1 item 2 of the Offering Act - current and periodic information.

CONTENT OF THE REPORT:
The Management Board of Izostal S.A. (the Company) informs that on April 29, 2021 the Ordinary General Meeting of Izostal S.A. adopted a resolution on the appointment of Mr. Henryk Orczykowski and Mr. Adam Szafraniec as members of the Supervisory Board of the Company with effect from April 29, 2021, for the period until the end of the current term of office lasting in the financial years 2020-2024.

Mr. Henryk Orczykowski has higher technical education (Częstochowa University of Technology) and completed postgraduate MBA management studies at the University of Finance and Management in Warsaw, as well as Harzburg-Kolleg at the University of Economics in Katowice. He also has a securities broker license as well as international certificates: PRINCE2 Foundation project management and M_o_R Foundation risk management.
Mr. Henryk Orczykowski has been associated with the steel industry from the beginning of his professional career.
From 1984, he was employed at Huta Katowice (currently ArcelorMittal Poland S.A.) from the position of a master, management process analyst, development strategy team manager, restructuring office manager, chief owner supervision specialist, to the restructuring and privatization director. In 2001, he was also the President of the Management Board of Huta Metali Nieżelaznych Szopienice S.A.
From 2002, Mr. Henryk Orczykowski was the Vice-President of the Management Board, director for consolidation and development, and from 2004 to 2006, the President of the Management Board of Stalexport Serwis Centrum S.A.
Mr. Henryk Orczykowski has been associated with STALPROFIL S.A. since 1991. First, he was a Member, Vice-Chairman and Chairman of the Supervisory Board for several years, then from 2006 to March 2021 he was the Vice-President of the Management Board, Development Director, responsible for supervising the implementation of the development strategy outlined for the Group, including supervision of the activities of entities forming the Capital Group STALPROFIL S.A., in particular on activities related to the implementation of contracts in the gas sector. Mr. Henryk Orczykowski has been the President of the Management Board of STALPROFIL S.A. since March 1, 2021.
Mr. Henryk Orczykowski also has many years of experience in performing supervisory activities in supervisory boards of private limited companies, including State Treasury companies. Currently, he is the Chairman of the Supervisory Board of Dom Maklerski BDM in Bielsko Biała.
Mr. Henryk Orczykowski does not conduct any activity competitive to Izostal S.A., does not participate in competitive companies as a partner in civil partnerships, partnerships or as a member of a governing body of a private limited company, or in any other competitive legal person as a member of its governing body. He is also not listed in the Register of Insolvent Debtors kept pursuant to the Act on the National Court Register.

Mr. Adam Szafraniec has a higher education, he graduated from the Faculty of Mining and Geology of the Silesian University of Technology in Gliwice with a specialization in Design and Construction of Mines. Moreover, Mr. Adam Szafraniec has a course completion diploma for candidates for members of supervisory boards in State Treasury companies.
The professional career of Mr. Adam Szafraniec is related to finance, with particular emphasis on the steel industry. Mr. Adam Szafraniec was professionally involved, among others, with Huta Katowice S.A., where he worked as a manager in the Division of the Financial Director. Then he was the President of the Management Board of several companies, including SPÓŁKA FINANSOWA S.A. in Katowice, dealing with financial activities on the metallurgical market, pre-financing exports, organizing and accounting for supplies of raw materials for production. In the years 2004-2007, Mr. Adam Szafraniec was the President of the Management Board - CEO of IZOSTAL S.A. As an individual entrepreneur, Mr. Adam Szafraniec also provides consulting services for enterprises, including in the field of investment projects.
Mr. Adam Szafraniec does not conduct any activity competitive to Izostal S.A., does not participate in competitive companies as a partner in civil partnerships, partnerships or as a member of a governing body of a private limited company, or in any other competitive legal person as a member of its governing body. He is also not listed in the Register of Insolvent Debtors kept pursuant to the Act on the National Court Register.

Specific legal basis: §5 clause 5 of the Ordinance of the Minister of Finance of March 29, 2018 on current and periodic information disclosed by the issuers of commercial papers and the conditions for recognizing as equivalent the information required by the laws of a non-member state (Journal of Laws from 2018 item 757).
 

SIGNATURES OF PERSONS REPRESENTING THE COMPANY:
Management Board President, Marek Mazurek  2021-04-29
Management Board Vice President, Michał Pietrek  2021-04-29

INFORMATION ON THE ENTITY:
Full name of the issuer: IZOSTAL SPÓŁKA AKCYJNA
Abbreviated name of the issuer:  IZOSTAL S.A
Sector based on the classification of Warsaw Stock Exchange:  Other industry
Address: 47-113 Kolonowskie  Opolska 29
Telephone: (77) 405 65 00
Fax: (77) 405 65 01
e-mail: info@izostal.com.pl
www.izostal.com.pl
VAT No. [NIP]:756-00-10-641
Statistical No. [REGON]: 530884678