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Michał Pietrzyk

Michał Pietrzyk

Mr. Michał Pietrzyk is a graduate of the Faculty of Finance and Banking at the Krakow University of Economics and postgraduate studies in law for managers at the Kozminski University.  

He started his professional career in 1995 in the banking sector. Since 2003 he has been associated with the PGNiG Group, initially as Head of the Treasury Department of PGNiG SA, in 2006-2016 as Deputy Director of the Economic Department, and since February 2016 as Director of the Economic Department of PGNiG SA.

Vice-President of the Management Board for Finance supervises and coordinates the functioning of the Company with regard to the implementation of the Company's strategic objectives from the economic and financial perspective, preparation and implementation of the Company's Business Plan, analyses and economic and financial assessments of development and investment projects, planning and control of investment policy in the area of finance, monitoring the use of financial resources directed at the implementation of operation, investment and repair plans, functioning of the Company's internal settlements, financial operations of PGNiG SA, cash flows within the PGNiG Group, budgeting and control of the Company's costs and revenues, Company's credit policy, tax policy and tax liabilities, financial risk management, economic and financial analysis of new capital projects, functioning and development of accounting function, establishing rules for and supervising the preparation of financial statements, and investor relations.

Mr Michał Pietrzyk, Vice-President of the Management Board of PGNiG SA for Finance, represents that he currently also holds functions in the following entities:

Transit Gas Pipeline System "EuRoPol GAZ" SA - 51.18% of direct and indirect interest held by PGNiG SA - Member of the Supervisory Board since 01.06.2017, designated by PGNiG SA.

The entire remuneration of Mr Michał Pietrzyk for sitting on the Supervisory Board of EuRoPol GAZ is transferred to public benefit organizations.

PGNiG Upstream Norway AS - 100% shares held by PGNiG SA – Member of the Board of Directors since 01.02.2017, designated by the General Meeting of Shareholders of PGNiG UN.

He fulfills this function without remuneration.

Polski Gaz Towarzystwo Ubezpieczeń Wzajemnych - 100% interest held by PGNiG SA - Member of the Supervisory Board since 12/07/2018, designated by the General Meeting, of PG TUW.

He fulfills this function without remuneration.