Current report no 48/2015 of 3 November 2015 – Changes in membership of Management Board of Qumak S.A.

Management Board of Qumak S.A. informs that on 3 November 2015 the Company’s Supervisory Board adopted a resolution concerning appointing to the membership of the Management Board Mr. Marek Tiahnybok, simultaneously, setting the number of members of the Management Board of the VII term in office for 4 persons. This resolution entered into force upon its adoption.

 

Mr. Marek Tiahnybok undertook a function of a Financial Vice President of the Management Board.

Below the Company publishes Mr. Tiahnybok’s resume.

Marek Tiahnybok, 46 years old

He graduated from the Academy of Economics in Cracow (currently the Cracow University of Economics) the faculty of Management and Marketing with the specialty in financial analysis of enterprises, and then at the same University he attended postgraduate studies in Accounting and Finance. Holds a degree of an Executive MBA (2005, Gdańsk Foundation for Management Development, University of Gdańsk, Rotterdam School of Management).

 

Mr. Marek Tiahnybok has many years of experience in management roles of a financial profile as well as in fulfilling functions in Management Board of joint-stock companies.

 

He started his professional career in Doctor Q Group, where during 1995-1997 he fulfilled a role of a Vice President of the Management Board, a Finance and Accounting Director as well as a Chief Accountant. Next, during 1998-2002, he was employed in the capacity of a Finance and Accounting Director as well as a Chief Accountant in companies of the Prokom Software S.A. Group (The Polished Group S.A. and Edison S.A., where in addition he held the position of a Vice President of the Management Board). Then, from 2002 to 2005 he was a Vice President of the Management Board, a Finance and Administrative Director at Ferro Group. From 2005 to 2010 he worked in companies of Asseco Poland Group, during 2005-2008 as a Vice President of the Management Board at DRQ S.A., then during 2008-2009 at ABG S.A. as a Director of Finance Division, and in 2010 as an Advisor to the President of the Management Board of Asseco Poland S.A. From 2010 he fulfilled a role of a Finance Director at TimeFrame Software Sp. z o.o., where in 2012 he was also a Vice President of the Management Board. He has his own company of commercial and strategic consulting.

Since June 2015 he is a Finance Director in Qumak S.A.

 

In accordance with the statement submitted by Mr. Marek Tiahnybok he does not perform any competitive activity with regard to the activity of Qumak S.A. and he does not participate in any company, which is a competitor to Qumak, as partner in a private partnership or as member of a body in a joint-stock company or any legal person who is a competitor to Qumak. Moreover, he is not listed in the Register of Insolvent Debtors kept under the law of 20 August 1997 on the National Court Register.

 

Legal ground:

RMF of 19 February 2009 on current and periodic information, §5(1) (21 and 22)