The Company ELEKTROTIM S.A. with its registered office in Wrocław (Company) notifies that on 13.07.2021 Mr. and Mrs. Krzysztof and Ewa, the spouses Folta notified the Company about the disposal of the Company’s shares by Mrs. Ewa Folta which resulted in the change of the share held by the spouses Folta below 20% of the total number of votes at the General Meeting of ELEKTROTIM S.A. with its registered office in Wrocław (notification).

Acting pursuant to Art. 128 and 129 of the Act of 11.05.2017 on statutory auditors, audit firms and public oversight (Journal of Laws of 2020, item 1415, consolidated text) and § 19, sec. 8 of the Articles of Association of ELEKTROTIM S.A., in connection with the expiry of the term of office of the Audit Committee on 24.06.2021 and in connection with the change to the composition of the Supervisory Board and the appointment of new members of the Supervisory Board by the Ordinary General Meeting of ELEKTROTIM S.A. on 24.06.2021, on 08.07.2021 the Supervisory Board of ELEKTROTIM S.A. appointed the Audit Committee.

ELEKTROTIM S.A. is announcing to the public the list of shareholders holding at least 5% of the number of votes at the Ordinary General Meeting of ELEKTROTIM S.A. which was held on 24 June 2021.

ELEKTROTIM S.A. hereby notifies that on 24 June 2021 the Ordinary General Meeting of ELEKTROTIM S.A. appointed the following persons to hold the following functions in the Company’s Supervisory Board: Maciej Posadzy - Chairman of the Supervisory Board, Krzysztof Kaczmarczyk - Member of the Supervisory Board and Jan Walulik – Member of the Supervisory Board