Aktuální report č. 24 / 2011

Appointment of the managing person

The Management Board of Budimex SA informs you that, on 23 March this year, the Supervisory Board of Budimex SA, at the request of the President of the Board and the CEO of Budimex SA, appointed the following members of the Management Board for the seventh term in office covering the years 2011, 2012 and 2013:

• Ignacio Botella Rodriguez – the Vice-President of the Management Board;
• Joanna Makowiecka - Member of the Management Board
• Jacek Daniewski - Member of the Management Board
• Henryk Urbański - Member of the Management Board
• Marcin Węgłowski - Member of the Management Board

The seventh term in office of the Board ceases on the day of the General Meeting of Budimex S.A., which is when the 2013 financial reports are approved. The above-mentioned resolution of the Supervisory Board of Budimex SA shall come into force on the day of the General Meeting of Budimex SA in 2011 and upon the approval is obtained by the above-mentioned persons to carry out the duties of the Board Member in 2010 .

Ignacio Botella Rodriquez graduated from the Polytechnic University of Madrid in 1992 with the degree of road, channel and port engineer. His professional career has been connected with companies from the Ferrovial Group since May 1993. Between 1993 and 1997, he was Site Manager and Contract Manager at Ferrovial. Between 1997 and 2000, he was Contract Manager and Head of Division for foreign markets: in Tunisia and Italy. 2000–2004: Contract Director for the Guadarrama Tunnel (the longest tunnel in Spain). Since 2004, he has been the Director for the Italian market.
Ignacio Botella Rodriguez is not engaged in any competitive activity relative to the activities of Budimex SA, neither does he participate in any competitive company as a partner in a personal partnership or as a shareholder in a capital company or as a member of the body of any other competitive legal entity.
Ignacio Botella Rodriguez is not included in the Register of Insolvent Debtors.

Joanna Makowiecka graduated from the Department of Management and Marketing at the University of Management and Marketing in Warsaw. She completed her post-graduate studies as part of the international programme at CMT (University of Antwerp Belgium, University of Warsaw, Bergische Universität Wuppertal Germany, Free University of Brussels Belgium), and was awarded the MBA certificate. She started her professional career in 1996 at COFINEC Sp. z o.o., performing functions within the scope of HR management and organisation development. From 1999 to 2002, she worked as the HR Director at UNIPROM SA, being responsible for the company’s reorganization and conducting organisational change processes. Since 2003, she has been employed at Telekomunikacja Polska SA occupying managerial positions in the area of HR for the mass market and business markets, as well as product and service marketing. After that, she worked as the Area Director in the field of HR for TP Group Services Centre. She has worked with Budimex SA since 2008 as Chief HR Officer. She has been a Member of the Management Board of Budimex SA since March 2008.
Joanna Makowiecka is not engaged in any competitive activity relative to the activities of Budimex SA, neither does he participate in a competitive company as a partner in a personal partnership or as a shareholder in a capital company or as a member of the body of any other competitive legal entity.
Joanna Makowiecka is not included in the Register of Insolvent Debtors.

Jacek Danielewski graduated from the University of Warsaw. He was entered in the list of legal counselllors in Warsaw in 1978. 1978–1990: employed at Polimex-Cekop Sp. z o.o. as a trade clerk and legal clerk, and as legal counsellor between 1983 and 1990. Between 1987 and 1990, he was temporarily seconded to Iraq as a trade agent of Polimex-Cekop. Since 1986, he has also been employed at Budimex Dromex as a legal counsellor, coordinator of the legal counsel team at Budimex Dromex from 1996 until its restructuring. In December 2001, he became legal counsel at Budimex SA, and Deputy Chief Legal Officer in 2002. In December 2003, he was promoted to the position of CLO, and also became Member of the Management Board of Budimex Dromex SA. Since January 2007, he acted as Chief Legal Officer, and since March 2007 also as a Member of the Management Board of Budimex SA.
Jacek Daniewski is not engaged in any competitive activity relative to the activities of Budimex SA, neither does he participate in a competitive company as a partner in a personal partnership or as a shareholder in a capital company or as a member of the body of any other competitive legal entity.
Jacek Daniewski is not included in the Register of Insolvent Debtors.

Henryk Urbański graduated from the Department of Precision Mechanics of the Warsaw University of Technology and from the Department of Foreign Trade of the University of Social Sciences. He also completed his Post-Graduate Studies in the field of Value-Based Management at the Warsaw School of Economics. He was employed at Budimex between 1979 and 1992, performing such functions as Deputy Director of the office responsible for the Middle Eastern market. Between 1993 and 1996, he was the Director of Expansion at Makro Cash and Carry, responsible for the development of the sales network in Poland. 1996–1998: Development Director at Praktiker Polska, within the Metro Group. Between 1998 and 2000, he was President of the Management Board at Ahold Polska Real Estate, as well as a Member of the Management Board of Ahold Polska responsible for the development of the company's store network in Poland. In 2001, he was appointed President of the Management Board at Budimex Nieruchomości, where he has been expanding real estate development activity, as well as carrying out restructuring with regard to the real estate management, according to the strategy adopted by the Budimex Group.
Henryk Urbański is not engaged in any competitive activity relative to the activities of Budimex SA, neither does he participate in a competitive company as a partner in a personal partnership or as a shareholder in a capital company or as a member of the body of any other competitive legal entity.
Henryk Urbański is not included in the Register of Insolvent Debtors.

Marcin Węgłowski graduated from the Department of Production Economics of the Warsaw School of Economics. In 1991, while he was still studying, he started his professional career at the Ministry of Finance. Between 1992 and 1993, he was employed as an auditor at BDO Binder Sp. z o.o. From 1993 to 1997 he worked at British-American Tobacco Group Poland. 1997–1999: Financial Director and Member of the Management Board at Delphi Automotive Systems Poland. From June 1999 to January 2001: Head of Finance and Vice-President of the Management Board of the joint stock company OPTIMUS. He has been a Member of the Management Board and Chief Financial Officer of Budimex SA since January 2001.
Marcin Węgłowski is not engaged in any competitive activity relative to the activities of Budimex SA, neither does he participate in a competitive company as a partner in a personal partnership or as a shareholder in a capital company or as a member of the body of any other competitive legal entity.
Marcin Węgłowski is not included in the Register of Insolvent Debtors.