Currenrt report no 9/2018 – Granting joint proxy

The Management Board of Carpathia Capital S.A. with headquarter in Poznan, informs about granting joint proxy to Mr. Sebastian Huczek and Mr. Piotr Zygmanowski. Detailed information about new proxies can be found below.

Sebastian Huczek – proxy

a) The power of attorney

Joint proxy

b) Description of qualifications and professional experience

Graduated from the Faculty of Law at University of Adam Mickiewicz. Since 2000, he has been working at INC S.A. where he works as a vice president. He was a lecturer at the College of Banking in Poznan and the University of Economics in Poznan on post-graduate studies in the field of local government finances and capital market. Lecturer at courses for candidates for members of Supervisory Boards of State Treasury companies. In 2005, he was appointed by the Prime Minister as a member of the Regional Adjudicating Committee in cases concerning violation of the public finance discipline at the Regional Accounting Chamber in Poznan.

He has Advisor Certificate in the Alternative Trading System.

Member of the Council of Authorized Advisers at the Warsaw Stock Exchange S.A

c) Information about activities performer by the person outside the issuer where such a activities are significant for the Carpathia Capital S.A.

Member of the management of supervisory bodies of the following legal entities:

– INC S.A – Vice-President of the Management Board,

– INC S.A. Brokerage – Vice-President of the Management Board,

d) Information about all commercial law companies and partnerships in which, within at least the last three years, the person was a member of managing or supervisory board or a partner, indicating whether the person still performs functions on such bodies or is still a partner

– INC S.A. – Vice-President of the Management Board – Present

– INC S.A. Brokerage – Vice-President of the Management Board – Present

– Unipad Sp. z o.o. – member of the Supervisory Board – Present

– Brand NewCare Sp. z o.o. – member of the Supervisory Board – Present

– E-Concerty Sp. z o.o. – member of the Supervisory Board – Present

e) Information about legally valid court decisions condemning the person for the crime of fraud within at least the last five years and indicating whether the person has been prohibited by the court to act as a m ember of managing or supervisory bodies in commercial law companies and partnerships within at least the last five year

Within the last five years indicated person has not been prohibited by the court to act as a member of managing or supervisory bodies in commercial law companies and partnerships.

f) Details of all cases of bankruptcy, compulsory administration or liquidation, within at least the last five years, for entities in which the person was a member of managing or supervisory bodies

Within the last five years there have been no cases of bankruptcy, compulsory administration or liquidation for entities in which the person was a member of managing or supervisory bodies.

g) Information whether the person performs activities competitive to the activities of the issuer or is a partner in a competitive civil partnership or commercial law company or partnership or a member of a body of a joint-stock company or a member of a body of any competitive legal person

Indicated person does not perform activities competitive to the activities of the issuers.

Member of the management of supervisory bodies of the following legal entities:

– INC S.A. with headquarters in Poznan, Poland – Vice-President of the Management Board

– INC S.A. Brokerage – Vice-President of the Management Board,

h) Percent of shares held in the Company

Indicated person does not own shares in the Company

Piotr Zygmanowski – proxy

a) The power of attorney

Joint proxy

b) Description of qualifications and professional experience

Education:

Graduated from the University of Economics in Poznan with the title of doctor of economic sciences in the discipline of finance. Certificates: – Alternative Trading System Advisor Certificate No. 47/2012 – Securities Broker License No. 2964 – The Chartered Financial Analyst (CFA) Certificate No. 168225 Work Experience: 2011 – present INC S.A. with headquarters in Poznan, Head of the Capital Markets Department 2015 – present INC S.A. Brokerage with headquarters in Poznan, Proxy and Chief Compliance Officer 2014 – present Remedis S.A., Member of the Supervisory Board

c) Information about activities performer by the person outside the issuer where such a activities are significant for the Carpathia Capital S.A.

Indicated person is employed in the following entities: – INC S.A – Head of the Capital Markets Department – INC S.A. Brokerage – Proxy and Chief Compliance Officer

d) Information about all commercial law companies and partnerships in which, within at least the last three years, the person was a member of managing or supervisory board or a partner, indicating whether the person still performs functions on such bodies or is still a partner

2014 – present Remedis S.A., Member of the Supervisory Board 2015 – present INC S.A. Brokerage, Proxy

e) Information about legally valid court decisions condemning the person for the crime of fraud within at least the last five years and indicating whether the person has been prohibited by the court to act as a m ember of managing or supervisory bodies in commercial law companies and partnerships within at least the last five year

Within the last five years indicated person has not been prohibited by the court to act as a member of managing or supervisory bodies in commercial law companies and partnerships.

f) Details of all cases of bankruptcy, compulsory administration or liquidation, within at least the last five years, for entities in which the person was a member of managing or supervisory bodies

Within the last five years there have been no cases of bankruptcy, compulsory administration or liquidation for entities in which the person was a member of managing or supervisory bodies.

g) Information whether the person performs activities competitive to the activities of the issuer or is a partner in a competitive civil partnership or commercial law company or partnership or a member of a body of a joint-stock company or a member of a body of any competitive legal person

Indicated person does not perform activities competitive to the activities of the issuers

h) Percent of shares held in the Company

Indicated person does not own shares in the Company.

Current report no 9/2018