Current report no 27 / 2014

Taking into consideration the good cash position of the company at the end of

The Management Board of Budimex announces that during the evening of 12 March this year, the Supervisory Board of Budimex SA appointed Dariusz Blocher to perform the functions of President of the Board and CEO of Budimex SA for the period of the eighth common cadence, covering the years 2014, 2015 and 2016, which ceases on the day of the Ordinary General Meeting of Budimex SA during which the financial statements for 2016 will be approved. The above-mentioned resolution of the Supervisory Board of Budimex SA will enter into force on the day of the Ordinary General Meeting of Budimex SA in 2014 and obtaining by Dariusz Blocher of a discharge for performing the duties of Member of the Board in 2013.
Dariusz Blocher is a graduate of the Department of Mechanics and Machine Construction at the Częstochowa University of Technology. Following his graduation, Dariusz Blocher was employed at the Ahlstrom-Fakop Industrial Boiler Factory. In the years 1993-1994 he worked at Proman s.c., a distribution company in Katowice, as a Branch Manager. From May 1994 to February 2002: he worked for Pepsi Co. Polska, successively performing the functions of: Sales Department Manager of Silesia, Human Resources Officer in the Sales & Distribution Department; from September 1998: Human Resources Officer for personnel policy at Pepsi Co. Polska manufacturing plants and headquarters. In 2007 Dariusz Blocher graduated from IESE Business School in Barcelona as a student of AMP (Advanced Management Program). He was a Member of the Management Board and Human Resources Manager of Budimex SA from February 2002. From November 2007: President of the Management Board and CEO of Budimex Dromex SA and a Member of the Management Board of Budimex SA. Since September 2009: President of the Management Board and CEO of Budimex SA.
Dariusz Blocher is not engaged in any activity competitive 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.
Dariusz Blocher is not listed in the Register of Insolvent Debtors.