Section 4

Excerpt from Minutes No. 7/VIII/2014
from the meeting of the Management Board
of Grupa LOTOS S.A.
rd
of March 3 , 2014
"Resolution No. 13/VIII/2014
of the Management Board of Grupa LOTOS S.A.
of March 3rd, 2014
concerning: Adoption of the Directors’ Report on operations of Grupa LOTOS S.A. in
2013
In connection with Article 393.1 and Article 395.2 point 1 of the Commercial Companies
Code, the Management Board of Grupa LOTOS S.A., acting pursuant to Section 16.6 point 1
of the Company's Articles of Association and Section 11.1 point 13 of the Rules of Procedure
for the Management Board of Grupa LOTOS S.A., hereby resolves as follows:
Section 1
The Management Board hereby adopts the Directors’ Report on the operations of Grupa
LOTOS S.A. in 2013, attached as an appendix hereto.
Section 2
Pursuant to Article 382.3 of the Commercial Companies Code and Section 13.2 points 5 and
6 of the Company's Articles of Association, the Management Board hereby requests that the
Supervisory Board give its assessment of the Directors’ Report on the operations of Grupa
LOTOS S.A. in 2013.
Section 3
The Management Board hereby requests that the Annual General Meeting of Grupa LOTOS
S.A. approve the Directors’ Report on the operations of Grupa LOTOS S.A. in 2013.
Section 4
This Resolution was adopted by the remote use of means of direct communication under
Section 17.5 of the Rules of Procedure for the Management Board of Grupa LOTOS S.A.
Section 5
This Resolution shall become effective as of its date."
1.
2.
3.
4.
Votes in favour of the resolution: ______4________ Members of the Management Board
Votes against the resolution:
______0________ Members of the Management Board
Abstaining votes:
______0________ Members of the Management Board
Dissenting opinion by:
____none_______
Signatures of the Management Board Members present at the meeting:
President of the Board
Vice-President of the Management Board
Vice-President of the Management Board
Vice-President of the Management Board
-
Paweł Olechnowicz
Mariusz Machajewski
Zbigniew Paszkowicz
Marek Sokołowski