Current report 17/2016

Legal basis: Article 56 (1) item 2 of Public Offering Act — current and periodical information

The Management Board of ATM S.A. (the Company) gives notice that an Extraordinary General Meeting of Shareholders of the Company on 25 April 2016 dismissed Mr. Sławomir Kamiński from the Supervisory Board.

The Company’s Management Board further gives notice that the Extraordinary General Meeting of Shareholders of the Company on 25 April 2016 increased the number of members of Supervisory Board to six, and appointed Mr. Cezary Smorszczewski and Mr. Maciej Kowalski to the Supervisory Board.

The resolutions of the Extraordinary General Meeting in the above mentioned issues took immediate effect after being adopted.

Mr. Cezary Smorszczewski’s and Mr. Maciej Kowalski’s résumés are provided below.

Cezary Smorszczewski
Mr. Cezary Smorszczewski is the President of the Management Board, Managing Partner and a shareholder (he holds over 15% of shares) in a quoted fund-managing company, Private Equity Managers S.A., specialising in investments in digital economy enterprises (mainly the Internet and new technologies) from the CEE region. He gained experience in banking (Bank Handlowy w Warszawie S.A., Pekao S.A., Alior Bank S.A.), working for PKN Orlen S.A. and as a researcher at the Warsaw University. He holds Master of Business Administration (MBA) from University of Chicago. He completed a part-time study in International Commercial Law at the University Institute of European Studies in Turin. He holds an MA diploma in Law and Administration from the Warsaw University and a diploma in Sanitary and Water Engineering from the Warsaw University of Technology. He completed a number of courses in investment and banking. For 25 years, he was a member of management boards and supervisory boards of the largest Polish companies.

Mr. Cezary Smorszczewski has submitted declarations to the effect that:

• He does not conduct activity which is competitive with respect to the Company, and is not a partner in any competing partnership or a member of a controlling body of a company or any other competing corporation;
• According to his best knowledge and discernment he does not appear in the Register of Insolvent Debtors maintained pursuant to the Act on the National Court Register.

Maciej Kowalski
Mr. Maciej Kowalski is Investment Partner in Private Equity Mangers SA, Vice-President of ABC Data S.A., a member of supervisory boards of companies Morele.net Sp. z o.o., UAB Pigu, Optizen Labs S.A. and Genomed S.A. He has 10 years of experience in investment management and banking investment gained from cooperation with private equity funds, investment firms, consulting firms and international corporations. He ran several dozen sales, purchase and merger transactions in Poland, Central-Eastern Europe, Germany and the former Commonwealth of Independent States. He has extensive experience in the telecom and new technologies sector. In 2010-2011 he held the position of M&A Manager at Orange Polska, where he was in charge of coordination of M&A projects, for example he was a member of a team responsible for the sales of Emitel company (a leading operator of radio-television-telecommunications infrastructure in Poland). He graduated from Warsaw School of Economics, Finance and Banking Faculty. He also completed his doctoral studies at the Collegium of Management and Finance.

Mr. Maciej Kowalski has submitted declarations to the effect that:

• He does not conduct activity which is competitive with respect to the Company, and is not a partner in any competing partnership or a member of a controlling body of a company or any other competing corporation;
• According to his best knowledge and discernment he does not appear in the Register of Insolvent Debtors maintained pursuant to the Act on the National Court Register.

The complete set of declarations submitted by the newly appointed Member of Supervisory Board is available on the Company’s website at www.atm.com.pl, on the tab: Company/Management/Supervisory Board.

Signatures:
Dariusz Terlecki — President of the Management Board,
Jacek Krupa — Vice President of the Management Board