The Management Board is composed of 1 (one) or more members appointed and dismissed by the Supervisory Board for a term of 5 years. The Management Board operates on the basis of the Rules of Procedure adopted by resolution of the Management Board and approved by the Supervisory Board. The Management Board manages the Company and represents it externally.

In the case of a one-person Management Board, the only member of the Management Board is authorised to make declarations of will and affix signatures on behalf of the Company, and in the case of a multi-person Management Board, 2 (two) members of the Management Board acting jointly or 1 (one) member of the Management Board acting jointly with a proxy.

The board consists of:
1. Jaroslaw Kaim - President of the Management Board
2. Mr Michał Janiszewski - Vice-President of the Management Board

The Supervisory Board is composed of at least 5 (five) members appointed and dismissed by the General Meeting for a term of 5 years. The number of members of the Supervisory Board is determined by the General Meeting.

If, during the term of office of the Supervisory Board, its membership falls below the required minimum, the remaining members of the Supervisory Board may by resolution elect a new member, but the election of a member under this procedure shall require the approval of the next General Meeting. The refusal of the General Meeting to approve the election shall not prejudice the actions taken by the Supervisory Board with the participation of the member elected in accordance with the procedure set out in this paragraph.

The Supervisory Board shall appoint the Chairman of the Supervisory Board from among its members. The Supervisory Board may appoint from among its members a Vice-Chairman or a Secretary. Until the Chairperson or Deputy Chairperson of the Supervisory Board is appointed, or in the absence of their appointment by the Supervisory Board, the duties of the Chairperson of the Supervisory Board shall be performed by the member of the Supervisory Board who has been appointed to the Supervisory Board by the largest number of votes and, if several of them have obtained the same majority, by the oldest among them, with the proviso that the acting Chairperson of the Supervisory Board shall not have the powers referred to in §13(9), second sentence, of the Articles of Association. 

The members of the Supervisory Board are not related to shareholders holding at least 5% of the company's share capital.

The Supervisory Board is composed of at least 5 (five) members appointed and dismissed by the General Meeting for a term of 5 years. The number of members of the Supervisory Board is determined by the General Meeting.

The Supervisory Board consists of the following persons:

1. 1. Andrzej Szurek - Chairman of the Supervisory Board,
   2. Sławomir Niedziółka - Member of the Supervisory Board,
   3. Krzysztof Landa - Member of the Supervisory Board,
   4. Radosław Ślepowroński - Member of the Supervisory Board,
   5. Adam Jenkins - Member of the Supervisory Board