Subject: Appointment of Mr. Marcin Piotr Iwiński to the Supervisory Board of the Company together with entrusting him the position of the Chair and changes in the composition of the Audit Committee
Legal basis: Art. 56 section 1 item 2 of the Act on Public Offering – current and periodic information
The Management Board of CD PROJEKT S.A. with a registered office in Warsaw (the “Company”) hereby informs that on 20 December 2022, by way of a Resolution no. 3, the Company’s Extraordinary General Meeting elected Mr. Marcin Piotr Iwiński to the Supervisory Board of the Company, in the course of the Supervisory Board’s current term of office, effective as of 1 January 2023.
The biographical note of Mr. Marcin Piotr Iwiński has been published in the current report no. 46/2022 dated 16 November 2022 regarding the submission of the candidature of Mr. Marcin Piotr Iwiński to the Supervisory Board of the Company.
On the same day, by adopting the Resolution no. 1 dated 20 December 2022, the Supervisory Board of the Company decided on: (i) revoking, effective as of 1 January 2023, of Ms. Katarzyna Szwarc from the position of the Chair of the Supervisory Board of the current term of office; (ii) appointing, effective as of 1 January 2023, of Mr. Marcin Piotr Iwiński to the position of the Chair of the Supervisory Board of the current term of office; (iii) appointing, effective as of 1 January 2023, Ms. Katarzyna Szwarc to the position of the Vice-Chair of the Supervisory Board of the current term of office.
Moreover, on the basis of Art. 128 and Art. 129 of the Act of 11 May 2017 on certified auditors, audit firms and public supervision (the “Act”), with regards to the amendments in the composition of the Supervisory Board of the current term of office described above, the Supervisory Board of the Company decided that, effective as of 1 January 2023, the composition of the Audit Committee of the current term of office of the Supervisory Board will be as follows:
i) Michał Bień – Chair of the Audit Committee, fulfilling independence criteria specified in Art. 129 section 3 of the Act, Member of the Audit Committee fulfilling criteria specified in Art. 129 section 5 of the Act,
ii) Maciej Nielubowicz – Member of the Audit Committee, possessing knowledge and expertise in the area of accounting or attestation of financial statements, Member of the Audit Committee fulfilling criteria specified in Art. 129 section 5 of the Act,
iii) Łukasz Wejchert – Member of the Audit Committee, fulfilling independence criteria specified in Art. 129 section 3 of the Act, Member of the Audit Committee, possessing knowledge and expertise in the area of accounting or attestation of financial statements, Member of the Audit Committee fulfilling criteria specified in Art. 129 section 5 of the Act.
Pursuant to the Audit Committee Regulations, Members of the Audit Committee are appointed by the Supervisory Board from among its members for a term equivalent to that of the Supervisory Board.
Disclaimer: This English language translation has been prepared solely for the convenience of English speaking readers. Despite all the efforts devoted to this translation, certain discrepancies, omissions or approximations may exist. In case of any differences between the Polish and the English versions, the Polish version shall prevail. CD PROJEKT, its representatives and employees decline all responsibility in this regard.