The Management Board of Budimex SA announces that on 9 April this year, the Supervisory Board of Budimex SA, at the request of the President of the Management Board, Chief Executive Officer of Budimex SA, appointed the Company’s Management Board for the 11t^h joint terms of office covering the financial years 2025, 2026 and 2027, with the following composition:

– Ms Anna Karyś – Sosińska – member of the Management Board,

– Mr Jacek Daniewski – member of the Management Board,

– Mr Marcin Węgłowski – member of the Management Board,

– Mr Cezary Łysenko – member of the Management Board,

– Mr Maciej Olek – member of the Management Board,

The 11^th term of office of the Management Board expires on the date of the Ordinary General Meeting of Budimex S.A. at which the financial statements for 2027 will be approved.

The said resolutions of the Supervisory Board of Budimex SA concerning the appointment of members of the Management Board will enter into force on the day of holding the Ordinary General Meeting of Budimex SA for the year 2023 and granting the said persons discharge for the performance of their duties as members of the Management Board in 2023.

Ms Anna Karyś-Sosińska is a graduate of the Krakow University of Economics. She began her experience in the HR field by working at the Krakow Institute of Technology, where between 2000 and 2002 she was responsible for executive search processes for senior and top management, in her capacity as Consultant. She has been associated with the Budimex Group since 2002. From 2002 to 2005, she was responsible for staff training and development. From 2005 to 2007, she was a Human Resources Coordinator for Building Construction. From 2007 to 2015, she was responsible for Infrastructure Engineering in her capacity as HR Manager. From 2016 to 2019, she held the position of HR Director for Infrastructure and Railway Engineering. From 2020 to 2021, she served as an HR Director for the Budimex Head Office and Budimex Nieruchomości. In each of the domains, she was responsible for the development of HR processes and implementation of personnel policies in line with the company’s strategy. As part of her function, she was responsible for supporting managers in organisational change processes, increasing their business effectiveness, as well as building and developing subordinate teams. At the beginning of 2022, she took up the role of Director of the Human Resources Division at Budimex SA. Along with the development of the Budimex Group, she has been responsible for building the HR strategy and processes in all of the Budimex Group companies operating in the Polish market, as well as newly established Group companies operating in the foreign market. She has been a member of the Management Board of Budimex SA since January 2023.

In accordance with her representation, Ms Anna Karyś-Sosińska does not conduct any activity competitive to the business of Budimex S.A., she does not hold interest in a competitive venture as a partner in a civil partnership, a partnership or a capital company, and she does not hold interest in a competitive legal person as a member of its bodies; she is not entered in the Register of Insolvent Debtors kept under the Act on the National Court Register.

Mr Jacek Daniewski – a graduate of the University of Warsaw. In 1983, he was entered on the list of legal counsels in Warsaw. In the years 1978–1990, he was employed at Polimex-Cekop Sp. z o.o. as a trade clerk and legal clerk, and between 1983 and 1990 — as a legal counsel. In the years 1987–1990, he was temporarily posted to work in Iraq as a trade agent of Polimex-Cekop. From 1986, he was also employed at Dromex as a legal counsel, and then as a coordinator of a legal counsel team. In December 2001, he became a legal counsel at Budimex SA, and in 2002 — the Deputy Chief Legal Officer. In December 2003, he was promoted to the position of Chief Legal Officer and also became a member of the Management Board of Budimex Dromex SA. Since January 2007, he has been the Chief Legal Officer, and since March 2007, also a member of the Management Board of Budimex SA.

In accordance with his representation, Mr Jacek Daniewski does not conduct any activity competitive to the business of Budimex S.A., he does not hold interest in a competitive venture as a partner in a civil partnership, a partnership or a capital company, and he does not hold interest in a competitive legal person as a member of its bodies; he is not entered in the Register of Insolvent Debtors kept under the Act on the National Court Register.

Mr Marcin Węgłowski graduated from the Faculty of Production Economics of the Warsaw School of Economics. In 1991, while he was still studying, he started working at the Ministry of Finance. Between 1992 and 1993 he was employed at BDO Binder Sp. z o.o. as an auditor. From 1993 to 1997 he worked for British-American Tobacco Group Poland – initially as a financial controller, and later as a financial project manager. In the years 1997-1999, he was the Chief Financial Officer and member of the Management Board at Delphi Automotive Systems Poland. From June 1999 to January 2001, he was the Head of Finance and Vice-President of the Management Board of the joint stock company OPTIMUS. He has been a member of the Management Board and the Chief Financial Officer of Budimex SA since January 2001.

In accordance with his representation, Mr Marcin Węgłowski does not conduct any activity competitive to the business of Budimex S.A., he does not hold interest in a competitive venture as a partner in a civil partnership, a partnership or a capital company, and he does not hold interest in a competitive legal person as a member of its bodies; he is not entered in the Register of Insolvent Debtors kept under the Act on the National Court Register.

Mr Cezary Łysenko completed his Master’s degree in civil engineering in 1996 at the Bialystok University of Technology. After graduation, he started working at a contracting company based in Łomża. His professional experience includes a period of nearly two years of work at the Provincial Office and at the Town Hall, where he was responsible for traffic engineering and road management. In 1999, he joined a team of consultants overseeing the implementation of contracts relating to national and provincial roads. He obtained his unlimited construction licence in 2002, which, following the time spent working as a billing inspector, enabled him to perform the duties of a constriction works supervisor. Since the beginning of 2006, he has been employed at Budimex S.A. as the head of the technical department, where he was responsible for handling a contract for the construction of access roads to a bridge in Płock; after a few months, he took over the duties of the contract manager. In 2012, he was appointed regional director responsible for business in the Podlaskie and Lubelskie provinces. In 2019, he took up the function of director of the northern branch, and nearly a year later he took over responsibility for all infrastructure construction projects at Budimex S.A. in the Polish and foreign markets.  He has been a member of the Management Board of Budimex SA since January 2023.

Over the course of his career, he has completed several management courses, obtaining diplomas and certificates from renowned institutes and universities, including diplomas acknowledging the completion of: Management Programme 2009 at ICAN Institute/Harvard Business Publisher in Warsaw, International Management Development Programme 2013 and Leadership Programme 2016 at Universitas Summa in Madrid. In 2021, he completed the prestigious Advanced Management Programme at IESE Business School in Barcelona.

In accordance with his representation, Mr Cezary Łysenko does not conduct any activity competitive to the business of Budimex S.A., he does not hold interest in a competitive venture as a partner in a civil partnership, a partnership or a capital company, and he does not hold interest in a competitive legal person as a member of its bodies; he is not entered in the Register of Insolvent Debtors kept under the Act on the National Court Register.

Mr Maciej Olek is a graduate of the Faculty of Construction at the Wrocław University of Science and Technology. He holds a project management certificate from PMI and George Washington University. He has been involved in the construction industry for more than 20 years and participated in major construction projects, also outside Poland. From 2001 to 2007, he worked for NCC Poland on the construction of A2 motorway and on the implementation of the Citytunnel project in Malmo (Sweden), where he was a deputy project manager. Between 2008 and 2009, he worked on the construction of S3 express road. He has been associated with Budimex S.A. since 2010, initially as a site manager, then as a contract manager and contract director. Since autumn 2014, he has been responsible for building Budimex S.A.’s competence in the field of railway construction, first as a Regional Director, then as a Branch Director and, since May 2020, as a Director of Railway Construction. He has been a member of the Management Board of Budimex SA since January 2023.

In accordance with his representation, Mr Maciej Olek does not conduct any activity competitive to the business of Budimex S.A., he does not hold interest in a competitive venture as a partner in a civil partnership, a partnership or a capital company, and he does not hold interest in a competitive legal person as a member of its bodies; he is not entered in the Register of Insolvent Debtors kept under the Act on the National Court Register.