Zarząd i osoby zarządzające wyższego szczebla

Company Management Board
The Company Management Board includes:

Zbigniew Ronduda – President of the Management Board, Company CEO appointed by a Supervisory Board
resolution on 1 April 2010;

Leszek Walczyk – Vice-President of the Management Board, Company CFO appointed by a Supervisory Board
resolution on 1 April 2010

Ryszard Pisarski – Vice-President of the Management Board, Company Production Director appointed by a
Supervisory Board resolution on 1 April 2010
Zbigniew Ronduda – President of the Management Board
Mr Zbigniew Ronduda is employed by the Company (Aleja Wyzwolenia 70, 27-200 Starachowice) and serves as the
President of the Management Board of the Company and Company CEO.
The main activity outside the Company that is of significance for the Company: Mr Zbigniew Ronduda is Vice-President of
the Management Board of OP Invest, the Issuer’s parent undertaking, and holds a 22.5% stake in this company.
Mr Zbigniew Ronduda has no family ties either to persons who serve on Company governing bodies or to senior Company
executives.
Mr Zbigniew Ronduda graduated from the Faculty of Foundry Engineering of the AGH University of Science of Technology in
Kraków. He obtained his M.Eng degree in 1982 by presenting a dissertation on the selection of optimum cast iron chemical
composition and modifications related to casting diesel engine cylinder heads.
In 1982, Mr Zbigniew Ronduda started work as a technologist in the Chief Metallurgist’s Unit at the Foundry of Fabryka
Samochodów Ciężarowych (lorry manufacturer) in Starachowice. From May 1997, he was manager of one of the production
departments of the company’s Iron Foundry. In March 1990, Mr Zbigniew Ronduda became director of the Metallurgy
Division of the then Fabryka Samochodów Ciężarowych; from July 1997, he was President of Zakład Odlewniczy ODLEWSTAR Spółka z o. o. (foundry) in Starachowice. During this period, Mr Zbigniew Ronduda participated, inter alia, in
developing the technological grounds for the construction of a modern foundry that would manufacture cylinder block
castings for lorries (due to the market collapse that occurred in 1989–1990, the foundry was never commissioned). As a
project manager, he started the manufacturing of spheroidal cast iron on an industrial scale in the Starachowice foundry
(currently the ODLEWNIE POLSKIE S.A. company is the largest manufacturer of this material in Poland).
As the President of ODLEW-STAR Sp. z o.o., Mr Zbigniew Ronduda together with a group of casting engineers developed
and implemented a restructuring programme that prepared the company for privatisation (the purchase of the Starachowice
foundry by EXBUD Spółka Akcyjna). From 11 May 1993, Mr Zbigniew Ronduda served as the President of the Management
Board of EXBUD-ODLEWNIA ŻELIWA Sp. z o.o. in Starachowice, and from May 1996 – Vice-President of the Management
Board of ODLEWNIE POLSKIE S.A. in Kielce – a group that combined several large Polish cast iron and cast steel
foundries. Mr Zbigniew Ronduda participated in the formation of the first foundry holding in Poland’s post-war market
economy. In 1996, he introduced an ISO 9002-compliant quality management system at EXBUD-ODLEWNIA ŻELIWA – the
Issuer was among the first foundries in Poland to obtain an ISO certificate.
Since May 1999, Mr Zbigniew Ronduda has been the President of the Management Board of Spółka Akcyjna ODLEWNIE
POLSKIE. In 2002, he initiated the establishment of the OP Invest company that purchased the controlling interest in
ODLEWNIE POLSKIE S.A. from the Exbud-Skanska company. Mr Zbigniew Ronduda was one of the authors of the radical
Programme for the Comprehensive Upgrade of the Starachowice Foundry that was completely and successfully
implemented from 2005 to 2008.
Currently, Mr Zbigniew Ronduda serves as the Vice-President of the Foundry Chamber of Commerce in Kraków, member of
the Foundry Platform and President of the KOM-CAST Association of Cast Component Manufacturers. He participated in the
work of the External Expert Team of the National Foresight Programme “Poland 2020”.
Mr Zbigniew Ronduda engages in no activities competitive to the business of Spółka Akcyjna ODLEWNIE POLSKIE with its
registered office in Starachowice as a partner in a private or other partnership or as a member of a company governing body
and does not participate in another legal person competing with Spółka Akcyjna ODLEWNIE POLSKIE as a member of its
governing body and is also not listed in the Register of Insolvent Debtors maintained pursuant to the Act on the National
Court Register.
Leszek Walczyk – Vice-President of the Management Board
Mr Leszek Walczyk is employed by the Company (Aleja Wyzwolenia 70, 27-200 Starachowice) and serves as the VicePresident of the Management Board of the Issuer and Company CFO.
Main activity outside the Company that is of significance for the Company: Mr Leszek Walczyk is the President of the
Management Board of OP Invest, the Issuer’s parent undertaking, and holds a 20% stake in this company.
Mr Leszek Walczyk has no family ties either to persons who serve on Company governing bodies or to senior Company
executives.
Mr Leszek Walczyk graduated from the Faculty of Industry Economics and Organisation of the University of Economics in
Kraków. In 2002, he passed the state examination for members of supervisory boards at Treasury-owned companies. Mr
Leszek Walczyk has a security clearance authorising him to access information constituting official secrets designated as
“confidential”.
From 1982 to 1985, he worked as an inspector at the Department of Industry of the Provincial Office in Kielce; from 1985 to
1987, he progressed from specialist to team manager, chief specialist and finally deputy head of the Economic Unit at
Przedsiębiorstwo Eksportu Usług Technicznych EXBUD in Kielce. From 1991 to 2001, he was CFO, chief accountant,
Member of the Management Board and Vice-President of the Management Board of EXBUD S.A. and finally President of the
Management Board of EXBUD SKANSKA S.A. in Kielce. Since 2002, Mr Leszek Walczyk has been the President of the
Management Board of the OP Invest company; since 2002, he has also been the Vice-President of the Management Board
and CFO of ODLEWNIE POLSKIE S.A.
Mr Leszek Walczyk served on the governing bodies of the following undertakings: from 1991 to 2001, he was the Vice-Chair
and Chair of the Supervisory Board of Gdańskie Przedsiębiorstwo Robót Drogowych in Gdańsk; from 1999 to 2001, he was
the Chair of the Supervisory Board of Kieleckie Przedsiębiorstwo Robót Mostowych S.A. in Kielce; from 1999 to 2000, he
was a Member of the Supervisory Board of Rzeszowskie Przedsiębiorstwo Robót Drogowych in Rzeszów; from 1998 to
2001, he was the Chair of the Supervisory Board of Hydrotrest S.A. in Kraków; from 1998 to 2000, he was a Member of the
Supervisory Board of Rzeszowskie Przedsiębiorstwo Robót Inżynieryjnych in Rzeszów; in 2000, he was the Chair of the
Supervisory Board of Energomontaż Zachód; from 2004 until 19 February 2010, he was a Member of the Supervisory Board
of Kielecka Grupa Inwestycyjna sp. z o.o. in Kielce.
Mr Leszek Walczyk engages in no activities competitive to the business of Spółka Akcyjna ODLEWNIE POLSKIE with its
registered office in Starachowice as a partner in a private or other partnership or as a member of a company governing body
and does not participate in another legal person competing with Spółka Akcyjna ODLEWNIE POLSKIE as a member of its
governing body and is also not listed in the Register of Insolvent Debtors maintained pursuant to the Act on the National
Court Register.
Ryszard Pisarski – Vice-President of the Management Board
Mr Ryszard Pisarski is employed by the Company (Aleja Wyzwolenia 70, 27-200 Starachowice) and serves as the VicePresident of the Management Board of the Issuer and Director of Production.
Outside the Company’s enterprise, Mr Ryszard Pisarski does not engage in any activity of significance to the Company and
has no family ties either to persons who serve on Company governing bodies or to senior Company executives.
Mr Ryszard Pisarski graduated with an M.Eng degree from the AGH University of Science and Technology in Kraków. He
has extensive knowledge related to foundry technology, mechanisation and automation and he has completed numerous
training courses in operational management, which facilitates his work as the Director of Production. His specialist
knowledge with respect to foundry mechanisation and automation also enables him to make the right decisions concerning
strategic direction and equipment where large investment programmes are implemented by the Company. He has
experience in the following areas of management: using outsourcing in various areas of Company activity, the application of
various remuneration models and the organisation of smooth cooperation with subcontractors, which facilitates the
achievement of good manufacturing results. He decided to install equipment enabling the Company to participate in the free
energy market, which makes it possible to achieve substantial savings despite the increase in energy prices. He participates
in meetings with material suppliers and supplier audits; he has pursued a policy of diversification of procurement sources for
various types of materials for several years, which has enabled the Company to obtain satisfactory raw material prices.
From 14 June 1993, Mr Ryszard Pisarski was the Vice-President of the Management Board and Deputy Technical and
Production Director at the Company; from 1 July 1994, he was Deputy Director of the Company Enterprise for Production
Organisation. From 1 January 1997, he was Branch Director at Odlewnie Polskie S.A.; from 1 June 1998, he was the
Company’s Operating Director – Branch Director at Odlewnie Polskie S.A. From 1 June 1999, Mr Ryszard Pisarski was the
Managing Director of Odlewnie Polskie S.A. in Kielce, Starachowice Unit, and Vice-President of the Company Management
Board. From 1 January 2001, Mr Ryszard Pisarski was the Vice-President of the Management Board and Managing Director
of Odlewnie Polskie S.A.; from 1 July 2001, he was Director of Production and Vice-President of the Management Board and
was the Director’s Representative for the Quality Management System. On 1 June 2003, Mr Ryszard Pisarski became
Director of Production and Vice-President of the Company Management Board.
Mr Ryszard Pisarski has a 12.5% stake in the share capital of OP Invest; from 26 April 2002 to 30 April 2009, he held one
share in the PRIMA sp. z o.o. limited liability company amounting to 1% stake in its capital.
Mr Ryszard Pisarski engages in no activities competitive to the business of Spółka Akcyjna ODLEWNIE POLSKIE with its
registered office in Starachowice as a partner in a private or other partnership or as a member of a company governing body
and does not participate in another legal person competing with Spółka Akcyjna ODLEWNIE POLSKIE as a member of its
governing body and is also not listed in the Register of Insolvent Debtors maintained pursuant to the Act on the National
Court Register.