Synthos S A : Current report no. 1

The Management Board of Synthos S.A. (the 'Issuer') hereby informs that on January 9, 2017 the Supervisory Board passed a resolution, pursuant to which Mr Zbigniew Warmuz was entrusted with the function of the President of the Management Board. Mr. Zbigniew Warmuz served previously as Vice - President of the Management Board of the Issuer.

Mr Zbigniew Warmuz is a 52-year-old graduate of Technical School of Chemistry in Gliwice and University of Economics in Katowice. Between 1984-2006 he worked in POCH S.A., starting as a process operator. In 1999 he became a manager responsible for sale of group of products for heavy industry and electroplating. Until 2002 he worked as a Manager of Sales and Marketing Department and then he became a Chief Engineer and Director of Production. He was also a proxy in this Company. Since 2007 he has been working in Synthos Group. Among others, he has managed Production companies in Poland and the Czech Republic, and he has directly supervised the largest investment processes.

Mr Zbigniew Warmuz does not conduct business activity that would be competitive towards that of Synthos S.A. He is neither a partner of any competitive civil partnership or a partnership, a member of any body of a capital company, nor a member of any other body of a competitive legal person. He has not been entered into a register of insolvent debtors kept pursuant to the Law on the National Court Register.

Legal basis: § 5 (1) item (22) and § 28 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodical information published by issuers of securities and conditions for the recognition as equivalent of the information required by the legal regulations of countries that are not Member States (uniform text: Journal of Laws of 2014, item 133).