Current Report No. 14/2015
Appointment of the Management Board Members

The Management Board of FFiL Śnieżka S.A. reports that on 5 June 2015 the following persons were appointed by the Issuer's Supervisory Board to the Management Board of FFiL Śnieżka S.A. for the 7th term of office:
Mr Piotr Mikrut as President of the Management Board;
Mr Witold Waśko as Member of the Management Board, Economic Director;
Ms Joanna Wróbel-Lipa as Member of the Management Board, Sales Director.

All newly-appointed Management Board Members were Members of the Management Board in the previous term of office. Based on the statements made, Members of the Management Board are not engaged in any activities competing with the Company's business, are not partners in any competitive civil law partnership or any other partnership, are not members of any body of a competitive company or any other competitive legal person. They have not been entered in the Register of Insolvent Debtors kept in accordance with the Act on the National Court Register.

Mr Piotr Mikrut graduated from the AGH University of Science and Technology in Kraków (Management Faculty) with distinction in 1995. He started his professional career as the Manager of the Marketing Division in CHEMAL s.c. which subsequently re-registered as Fabryka Farb i Lakierów ŚNIEŻKA S.A. He worked there between 1995 and 1997. Since 1997 he served as President of the Management Board of PPHU 2M Sp. z o.o. in which he was also one of the shareholders. 2M Sp. z o.o. is a company dealing with import and distribution of the highest quality paints manufactured in the United States by United Gilsonite Laboratories under the brand names DRYLOK, ZAR. Since 30 March 2004, he has served as President of the Management Board of FFiL Śnieżka SA.

Witold Wasko has a university background (mgr inż. mech.). He graduated from Rzeszów University of Technology (specialization: aviation). He also completed a post-graduate programme in accounting and finance at the Małopolska University of Marketing and Management. He qualified as an auditor in 2009. During his career, he participated in numerous courses, such as budgeting course organised by Nord Controlling, financial planning course organised by "Pator", quality management course, human resource management course. Witold Waśko worked consecutively:
1989 - 1991 in WSK PZL Mielec as Technical Specialist,
1992 - 1994 in P.P.H.U. "Chemal" s.c. as Accountant and IT Specialist,
1994 - 1998 as Financial Director in Fabryka Farb i Lakierów "Chemal" sc.,
1998 - 2003 as Economic Director and Member of the Management Board in the Company. Since 1 April 2005, he has served as Vice-President of the Management Board of FFiL Śnieżka SA.

Ms Joanna Wróbel-Lipa graduated from the University of Economics in Katowice (specialization: Management and Marketing). Between June 2003 and October 2004, she participated in a post-graduate programme The Advanced Certificate in Marketing organised by the Institute for Business Development. She started her professional career in May 2000 with FFiL ŚNIEŻKA S.A. as a Marketing Specialist. Between August 2003 and December 2004, she worked as the Marketing Division Manager and between January 2005 and July 2006 she worked as the Deputy Sales Director for Marketing. In August 2006, Ms Joanna Wróbel-Lipa took the position of the Sales Director and the Commercial Representative. Since December 2007, she has served as Member of the Management Board of FFiL Śnieżka SA.

Mr Piotr Mikrut, President of the Management Board, appointed Ms Joanna Wróbel-Lipa and Mr Witold Waśko, Members of the Management Board, to serve as Vice-Presidents.

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