Zespól Elektrocieplowni Wroclawskich KOGENERACJA S A : Entrusting the position of the Vice-President of the Management Board

Kancelaria Publiczna GPW [Public Chambers of WSE]

Wrocław, 15 December2020

Current Report 32/2020

Subject: Entrusting the position of the Vice-President of the Management Board

Acting as persons authorized to represent Zespół Elektrociepłowni Wrocławskich KOGENERACJA S.A. (the "Company") we hereby inform that the Supervisory Board adopted on December 15, 2020

1. resolution to entrust, as of December 16, 2020 the position of the Vice-President of the Management Board to Mr. Krzysztof Kryg - Member of the Management Board of the KOGENERACJA S.A. appointed on October 6, 2020 (Current Report 22/2020).

Mr. Krzysztof KRYG is a graduate of the Faculty of Mechanical and Power Engineering at the Wrocław University of Science and Technology. He completed postgraduate studies in 'Management Systems and New Technologies in Energy and Heating' at the Wrocław University of Science and Technology. Since 1988 he is associated with KOGENERACJA S.A. by performing managerial functions in the area of production, maintenance, internal control and audit. In the years 2008-2010 he was the Deputy Director for Production at KOGENERACJA S.A. From 2012 until he was appointed to the Management Board of KOGENERACJA S.A. he managed the maintenance services in the Company. During the period from 2005 to 2007 he was a member of the Supervisory Board of KOGENERACJA S.A. by the choice of employees.

According to his statement Mr. Krzysztof Kryg is not engaged in any business competing with KOGENERACJA S.A., does not participate in any companies competitive against KOGENERACJA S.A. as a shareholder of civil private partnerships and partnerships or as a member of any body of an association of capital or in any other legal entity competitive against KOGENERACJA S.A. as a member of its body; he is not registered in the Register of Insolvent Debtors maintained pursuant to the Act on the National Court Register.

Legal basis: Article 56 item 1 section 2 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading and Public Companies of June 29, 2005;

§5 item 5, §10 of the Ordinance by the Minister of Finance of March 29, 2018 on current and interim information communicated by issuers of securities and on the conditions for regarding as equivalent the information required by the provisions of law in force in a non-Member State.