Changes in the Composition of Issuer’s Supervisory Board

Report number 38/2024

Legal basis: Article 56(1)(2) of the Act on Public Offering – current and periodic information

The Management Board of Develia S.A. (“the Issuer” or “the Company”) inform that the Ordinary General Meeting of the Company, held on 16 May 2024, removed, pursuant to Article 385(1) of the Commercial Partnerships and Companies Code, the following persons from the Supervisory Board of the Issuer:

  1. Piotr Pinior
  2. Piotr Borowiec

At the same time, the Issuer informs that the Ordinary General Meeting of the Company appointed the following members to the Supervisory Board of the Issuer:

  1. Adam Chabior
  2. Robert Wąchała

Résumés of the Members appointed to the Issuer’s Supervisory Board have been attached hereto.

Furthermore, the Issuer informs that all the Supervisory Board members appointed by the Ordinary General Meeting declared that they were not engaged in any activity competing with the Issuer, in particular, that they were not partners in a private or other partnership or shareholders in a company being the Issuer’s competitor, nor did they act in their capacity as members of governing body of any other legal person competing with the Issuer, and that they did not run their own business being the Issuer’s competitor.

None of the Supervisory Board members appointed by the Ordinary General Meeting appears on the Register of Insolvent Debtors.

Legal basis: Article 56(1)(2)(a) of the Act on Public Offering and Conditions for Introducing Financial Instruments into Organised Trading and on Public Companies in connection with Section 5(4) and (5) of the Regulation of the Minister of Finance on Current and Periodic Information Published by Issuers of Securities and on Conditions for Regarding Information Required by Law of Non-Member State as Equivalent of 29 March 2018 (Dziennik Ustaw [Journal of Laws] of 2018, item 757).