Corporate Governance Rules

The Issuer has decided to observe the majority of the WSE Corporate Governance Rules. However, certain principles will apply to the Issuer only to the extent allowed by Dutch corporate law and corporate structure of the Group, especially the single board structure as opposed to the two-tier system that the WSE Corporate Governance Rules assume. The Issuer does not have two separate governing bodies (supervisory board and management board) which are obligatory in Polish joint stock companies. Instead, its Board of Directors performs both the management and supervisory functions. As a result, the Issuer will apply those principles of the WSE Corporate Governance Rules which refer to relations between supervisory boards and management boards not directly, but accordingly.

Statement of non-compliance with certain WSE rules

Board Securities Rules

Terms of Reference Audit Committee

Terms of Reference Board

ANNEX 2.5 Code of Conduct

ANNEX 7.1  Matters requiring affirmative vote

ANNEX 9.3 Whistleblower Rules