INDEPENDANT THE CHAIRMAN OF THE SUPERVISORY BOARD

Born in 1964 roku, a graduate of the Mikołaj Kopernik University in Toruń and Executive M.B.A. École Nationale des Ponts et Chaussées in Paris.

He gained his experience in finance and management in Cereal Partners Worldwide, working there from September 1992 to May 2012 at the position of, among others, Regional Financial Controller for Western and South Europe, CPW Finance Director in Poland, Regional Director for Greece and the Balkans and Development Director for Central Europe.

From May 2012 to January 2015, he acted as Finance Director of Boryszew S.A. In March 2016, he became President of the Management Board of Robod S.A.

Mr Miłosz Wiśniewski conducts no activity competitive to the Company, is neither a shareholder nor a member of a governing body of any company conducting competitive activity against LPP SA. He is not recorded in the Register of Insolvent Debtors, kept under the National Court Register Act. Mr Miłosz Wiśniewski has made a statement that he has no personal, actual, organisational or capital relations with the shareholders of LPP SA.

Mr Miłosz Wiśniewski meets the independence criteria set forth in the Act on Statutory Auditors, Audit Companies and Public Supervision, dated 11 May 2017, and the requirements provided for in the Good Practices of Companies Listed on the Stock Exchange.

VICE PRESIDENT OF THE SUPERVISORY BOARD

Born in 1956, a graduate of a secondary technical school.

In the years 1997-1998 and since November 1999, member of the Supervisory Board of LPP SA.

Since 1997, he has been acting as President of the Management Board of BBK SA in Gdańsk – this activity is not competitive to that carried out by LPP SA.

Earlier professional career:

• 1996-1997 – Member of the Management Board of LPP SA, simultaneously employed as Textile Products Director;
• 1991-1996 – own business activity as partner at P.H. Mistral s.c.;
• 1983-1990 – employed in the “Morena” housing association as facility manager;
• 1971-1983 – employed as locksmith and later as builder at the Gdańsk Shipyard.

Mr Wojciech Olejniczak conducts no activity competitive to the Company, is neither a shareholder nor a member of a governing body of any company conducting competitive activity against LPP SA. He is not recorded in the Register of Insolvent Debtors, kept under the National Court Register Act. Mr Wojciech Olejniczak has made a statement that he has no personal, actual, organisational or capital relations with the shareholders of LPP SA, with the reservation that he knows personally all members of the Management Board, and has established long-term social relations with them.

MEMBER OF THE SUPERVISORY BOARD

Born in 1987, a graduate of the Warsaw School of Economics and IE Business School in Madrid. In the years 2010-2011, he carried out his traineeship in, among others, Procter&Gamble and The Boston Consulting Group.

In the years 2012-2017, he co-created and managed the e-commerce department in LPP SA. Piotr Piechocki was responsible for the entire sales in this channel and for the launching of online stores on new markets (Germany, the Czech Republic, Slovakia, Romania, Hungary).

At present, he acts as President of the Management Board of Family Investment sp. z o.o. with its registered office in Sopot and Family Investment 2 sp. z o.o. with its registered office in Sopot, both of which are operating on the real property and hotel accommodation market. This activity is not competitive to LPP SA. Mr Piotr Piechocki is not recorded in the Register of Insolvent Debtors, kept under the National Court Register Act.

Mr Piotr Piechocki has family ties with Marek Piechocki, President of the Management Board of LPP SA.

INDEPENDANT MEMBER OF THE SUPERVISORY BOARD

Born in 1975, a graduate of the Gdańsk University, the Institute of European Sciences in Gdańsk, Université des Sciences Sociales in Toulouse and Université d’Orléans.

She started her professional career in the Sopot City Hall at the position of Inspector in the City Strategy and Development Department, in the years 2004-2005. She also acted as Vice-President of the Management Board of Plan 40 Sp. z o.o. oraz Vincole Sp. z o.o., in which she was responsible for contacts with foreign contracting parties and executing new projects in cooperation with French partners.

In the years 2007-2010, she was responsible for carrying out promotion and information activities related to the construction of a multi-purpose sports and entertainment arena between Gdańsk and Sopot. Since March 2010, she has continuously held the position of President of the Management Board of the company Hala Gdańsk-Sopot.

Mrs Magdalena Sekuła conducts no activity competitive to the Company, is neither a shareholder nor a member of a governing body of any company conducting competitive activity against LPP SA. She is not recorded in the Register of Insolvent Debtors, kept under the National Court Register Act. Mrs Magdalena Sekuła has made a statement that she has no personal, actual, organisational or capital relations with the shareholders of LPP SA.

Mrs Magdalena Sekuła meets the independence criteria set forth in the Act on Statutory Auditors, Audit Companies and Public Supervision, dated 11 May 2017, and the requirements provided for in the Good Practices of Companies Listed on the Stock Exchange.

INDEPENDANT MEMBER OF SUPERVISORY BOARD

Mr. Grzegorz Maria Słupski is an entrepreneur and a manager, who has successfully created and led multiple firms mainly in the sectors of printing, commerce and new technologies in Poland.

He is a academic teacher at University of Gdańsk – lecturer of several subjects including economics of enterprise, services, trade and advertising. He has over 20 years of experience at a housing cooperative, including multiple years as a leader or of Management Board and as a Chairman of the Supervisory board. Between 2008 – 20017 He hold the position of Vice-Chairman of the Supervisory Board of GIK ltd. in Gdańsk also 2017-2020 as Chairman of the Supervisory Board of GARG ltd. Ivest GDA. Since 2000 co-founder, shareholder and a member of Supevisory Board of Argo Card ltd. in Gdańsk and since 1995 Chairman of Management Board Argo S. A. in Gdańsk.

Grzegorz Maria Słupski is not running any business competitive to the Issuer. He is not a partner of any competitive partnership, nor a member of any board within any competitive limited company, nor within any other competitive legal entity. Grzegorz Maria Słupski has not been entered into the Insolvent Debtors Register kept under the National Court Register Act.

GRZEGORZ SŁUPSKI – CHAIRMAN OD THE AUDIT COMMITEE

MAGDALENA SEKUŁA – MEMBER OF THE AUDIT COMMITTEE

PIOTR PIECHOCKI – MEMBER OF THE AUDIT COMMITTEE

MIŁOSZ WIŚNIEWSKI – MEMBER OF THE AUDIT COMMITTEE

The Audit Committee in the indicated composition meets the independence criteria and other requirements specified in art. 129 of the Act of 11 May 2017 on Statutory Auditors, Audit Companies and Public Supervision (Journal of Laws of 2017, item 1089).