In the period from January 1st 2008 to December 31st 2008 and as at the date of release of these consolidated financial statements, the composition of the Management Board of Grupa LOTOS S.A. was as follows:
Paweł Olechnowicz – President of the Management Board, Chief Executive Officer,
Mariusz Machajewski – Vice-President of the Management Board, Chief Financial Officer,
Marek Sokołowski – Vice-President of the Management Board, Production and Development Director.
On October 16th 2008, the Supervisory Board of Grupa LOTOS S.A. resolved to open the recruitment procedure for the positions of Vice-President of the Management Board, Chief Commercial Officer, and Vice-President of the Management Board responsible for Oil & Gas Exploration and Production. By virtue of the Supervisory Board’s decision of January 27th 2009, the procedure was closed without selecting any candidate.
Until June 30th 2008, the composition of the Supervisory Board was as follows:
Jan Stefanowicz – Chairman of the Supervisory Board,
Henryk Siodmok – Deputy Chairman of the Supervisory Board,
Grzegorz Szczodrowski – Secretary of the Supervisory Board,
Beata Zawadzka – Member of the Supervisory Board,
Marta Busz – Member of the Supervisory Board,
Izabela Emerling – Member of the Supervisory Board,
Jacek Mościcki – Member of the Supervisory Board.
On June 30th 2008, the General Shareholders Meeting appointed the Supervisory Board of Grupa LOTOS S.A. of the seventh term of office, including:
Wiesław Skwarko – Chairman of the Supervisory Board,
Radosław Barszcz – Member of the Supervisory Board,
Piotr Chajderowski – Member of the Supervisory Board,
Leszek Starosta – Member of the Supervisory Board,
Jan Stefanowicz – Member of the Supervisory Board,
Mariusz Obszyński – Member of the Supervisory Board.
Pursuant to Par. 11.2 of the Company’s Articles of Association, shareholder State Treasury, represented by the Minister of the State Treasury, removed Ms Beata Zawadzka from the Supervisory Board (with effect from June 30th 2008) and appointed Ms Małgorzata Hirszel (with effect from July 1st 2008) in her place.
During its meeting held on August 12th 2008, the Supervisory Board established its internal organisation: Mr Leszek Starosta was elected Deputy Chairman of the Supervisory Board and Mr Mariusz Obszyński was appointed Secretary of the Supervisory Board.
As at December 31st 2008, the composition of the Supervisory Board of Grupa LOTOS S.A. was as follows:
Wiesław Skwarko – Chairman of the Supervisory Board,
Mariusz Obszyński – Deputy Chairman of the Supervisory Board,
Radosław Barszcz – Member of the Supervisory Board,
Piotr Chajderowski – Member of the Supervisory Board,
Małgorzata Hirszel – Member of the Supervisory Board,
Jan Stefanowicz – Członek Rady Nadzorczej.
On March 10th 2009, the Company received a resignation, with effect from March 10th 2009, by Mr Piotr Chajderowski, Member of the Supervisory Board of Grupa LOTOS S.A. of the seventh term of office, from his position as Member of the Company’s Supervisory Board of the seventh term of office.
As at the date of approval of these consolidated financial statements the composition of the Supervisory Board of Grupa LOTOS S.A. was as follows:
Wiesław Skwarko – Chairman of the Supervisory Board,
Leszek Starosta – Deputy Chairman of the Supervisory Board,
Mariusz Obszyński – Secretary of the Supervisory Board,
Radosław Barszcz – Member of the Supervisory Board.
Małgorzata Hirszel – Member of the Supervisory Board.
Jan Stefanowicz – Member of the Supervisory Board.
3. Composition of the Parent Undertaking’s Management and Supervisory Boards 
