Current report number 42/2023 from the November 20, 2023.
The issuer’s management board, i.e. VIGO Photonics S.A. with its registered office in Ożarów Mazowiecki (hereinafter referred to as the “Issuer”), informs that on November 20, 2023, the Extraordinary General Meeting of the Issuer appointed Mr. Marcin Kubrak and Mr. Waldemar Maj as Members of the Supervisory Board for a three-year joint term of office from June 28, 2021 with the previously elected Members of the Issuer’s Supervisory Board.
Mr. Marcin Kubrak has secondary education (studied at the Warsaw University of Technology, Faculty of MEIL 1989-1996).
He started his career in 1991 as a tour guide for foreign trips to Far Eastern countries (Thailand, Korea, Singapore) in the INT EXPRESS travel agency. From 1992 he worked as the Head of the Inbound Tourism Department, where he was responsible for organizing the arrival of tourist groups to Poland from other countries. Western Europe.
In 1994, the Fair Cargo company began its operations, which was one of the first companies in Poland to launch air forwarding and air freight services. Until 2005, he was the owner and managing director of this company. In the years 2005-2015, he served as a member of the Management Board and Managing Director of Expeditors Polska, Expeditors International Group, a company listed on NASDAQ in the USA.
Since 1999, he has been a shareholder and president of the management board of AIRNET, which owns and operates a forwarding terminal at the Okęcie airport in Warsaw. Since 2004, he has been a shareholder and member of the Management Board of Airnet Service, which conducts air freight holding activities.
Mr. Marcin Andrzej Kubrak started his aviation career in 1996. In 1997, he obtained an airplane pilot’s license. Currently, he is an airline pilot with an ATPL license and an instructor and state examiner (TRE) of the Boeing 737 type. Additionally, he serves as a chief pilot at Enter Air. In the years 2003-2005 he worked for Air Polonia. In the years 2005-2009 he was employed at the Centralwings airline as Pilot Captain.
Currently, Mr. Marcin Kubrak is a member of the Management Board of EnterAir S.A., Director of Aviation Operations at EnterAir S.A. – a company listed on the WSE since 2015.
Mr. Marcin Kubrak agreed to run for and serve as a member of the Issuer’s Supervisory Board and submitted a declaration that he does not participate in a company competitive to the Issuer as a partner in a civil partnership, partnership or as a member of a body of a capital company, and does not participate in any other competitive legal person as member of its governing body. Moreover, according to the statement, Mr. Marcin Kubrak is not entered in the Register of Insolvent Debtors kept pursuant to the Act on the National Court Register.
According to the statement, Mr. Marcin Kubrak has knowledge and skills in the field of accounting or auditing financial statements as well as knowledge and skills in the industry in which the Issuer operates in the field of “enterprise management and finances of capital companies”.
The biography of Mr. Marcin Kubrak and the consent to run for a position on the Supervisory Board together with the declaration were attached by the Issuer to current report No. 38/2023 of November 15, 2023.
Mr. Waldemar Maj graduated from the Warsaw University of Technology, Faculty of Technical Physics and Applied Mathematics, in 1980, obtaining a master’s degree in engineering. In 1989, he obtained a PhD from the Polish Academy of Sciences, Institute of Physics, Polish Academy of Sciences. In 1996, he obtained a Master in Business Administration (MBA) from Harvard University in Boston, USA: concentration in finance. In the summer of 1995, Corporate Finance Associate at Union Bank of Switzerland in Zurich, Switzerland.
In the years 1981-1991 he was an assistant professor (from 4/1991), an assistant at the Institute of Physics of the Polish Academy of Sciences. He is the author of numerous publications, including Rapid Communication in Physical Review B. Postdoctoral Fellow at the Kamerlingh Onnes Laboratory at the University of Leiden, the Netherlands (1990-3/1991).
In the years 1991-1994, he was an advisor to the Minister of Finance, responsible for aid programs, President of the Management Board of the Foundation for the Development of the Financial System and Chairman of the Supervisory Board of Bank Gdański. He implemented the European Union’s Phare program worth ECU 32 million.
In the years 1996 – 2000 he held the position of Senior Investment Officer, Oil, Gas and Mining at the International Finance Corporation (The World Bank Group) in Washington, USA, where he organized financing in the form of loans and capital investments for mining projects, mainly gold and silver mines in emerging markets and supervised investments in portfolio companies in Central Asia and South America.
In the years 2000-2002, as a Senior Associate at McKinsey & Company in Warsaw, he dealt with strategic consulting in the banking, insurance and telecommunications sectors.
In the years 2002 – 2005, Mr. Waldemar Maj was a Member of the Management Board of DZ Bank Polska S.A. in Warsaw, and from June 2003, President of the Management Board (from 6/2003). He managed the restructuring of AmerBank S.A., implemented a central IT system within 7 months and optimized costs, developed and implemented the bank’s development strategy, which was successful in restoring the bank’s profitability and changing its name to DZ Bank Polska.
In the years 2005 – 2007, Mr. Waldemar Maj was Vice-President of the Management Board of Bank BGŻ S.A. in Warsaw. He supervised institutional and treasury banking and implemented a new strategy that resulted in profitable growth of loans and deposits at a level approximately twice as high as the market average.
In the years 2007 – 2007 he was Vice-President of the Management Board for Finance of PKN ORLEN S.A., where he supervised the financial department and investor relations. He was a Member of the Management Board of AB Mazeikiu Nafta and the Supervisory Board of Unipetrol a.s. He organized financing for over PLN 4 billion, improved the company’s liquidity and maintained its investment rating.
From April 2009 to the present, Mr. Waldemar Maj has been a partner and founder of METROPOLITAN CAPITAL SOLUTIONS in Warsaw, dealing with strategic consulting and M&A for companies and private equity funds.
He is also an investor and President of the Management Boards of technology startups, Neutrino Geology and Algorytmik, Chairman of the Supervisory Board of Hycom and Member of the Supervisory Board of Creotech Instruments. He was the Chairman of the Supervisory Board of PZU and a Member of Supervisory Boards, among others. GPW, Ciech, Bank BGZ, TFI Origin, TMS Brokers and Stock Spirits in Luxembourg.
Mr. Waldemar Maj was involved in the democratic movement in the years 1976-1989 and was awarded the Officer’s Cross of the Order of Polonia Restituta.
Mr. Waldemar Maj agreed to run for and serve as a member of the Issuer’s Supervisory Board and submitted a declaration that he does not participate in a company competitive to the Issuer as a partner in a civil partnership, partnership or as a member of a corporate body, and does not participate in any other competitive legal person as member of its governing body. Moreover, according to the statement, Mr. Waldemar Maj is not entered in the Register of Insolvent Debtors kept pursuant to the Act on the National Court Register.
According to the statement, Mr. Waldemar Maj meets the independence criteria of a Member of the Supervisory Board specified by the European Commission in Annex No. II to the Commission Recommendation of February 15, 2005 regarding the role of non-executive directors or members of the supervisory board of listed companies and committees of the (supervisory) board (Journal of Laws U.EU.L.05.52.51), art. 129 of the Act of May 11, 2017 on statutory auditors, audit firms and public supervision (consolidated volume: Journal of Laws of 2022, item 1302, as amended) and additional requirements indicated in the Good Practices of Listed Companies on the WSE, constituting an annex to Resolution No. 13/1834/2021 of the Stock Exchange Council of March 29, 2021.
The biography of Mr. Waldemar Maj and the consent to run for a position on the Supervisory Board together with the declaration were attached by the Issuer to current report No. 39/2023 of November 17, 2023.
Legal basis: art. 56 section 1 point 2a) of the Act of July 29, 2005 on public offering and conditions for introducing financial instruments to organized trading and on public companies (i.e. of October 28, 2022, Journal of Laws of 2022, item 2554) and § 5 point 5) and § 10 of the Regulation of the Minister of Finance of March 29, 2018 on current and periodic information provided by issuers of securities and the conditions for recognizing as equivalent information required by the laws of a non-member state (Journal of Laws of 2018 , item 757).