29/2021 Changes in the composition of the Supervisory Board of Trakcja S.A.

Management Board of Trakcja S.A. (the “Company,” “Issuer”) announces that on 26 July 2021, the Company received a statement from a stockholder, COMSA S.A.U., with its registered seat in Barcelona (the “Stockholder”), submitted under Article 13.4 of the Company’s Articles of Association, to the effect that as of 27 July 2021:
– The Stockholder dismissed Mr Fernando Perea Samarra from the Supervisory Board of the Company; and
– The Stockholder appointed Mr Julio Alvarez Lopez to the Supervisory Board of the Company.

The newly appointed member of the Supervisory Board, Mr Julio Alvarez Lopez, has held a Bachelor’s degree in Business Administration (Finance) from the Economics Department of the University of Barcelona since 2001. He holds a postgraduate degree in Corporate and Structured Finance. In 2008, he obtained the CIIA (Certified International Investment Analyst) certificate issued by ACIIA (Switzerland). He is also CEFA (Certified European Financial Analyst) certified by the European Federation of Financial Analyst Societies (EFFAS).
Mr Julio Alvarez Lopez began his professional career in 1999 with BANCO SABADELL as a financial advisor on leasing transactions for large corporations. In 2001, he joined ARTHUR ANDERSEN, where he worked for three years as a financial auditor auditing the finances and accounting of major companies in the Spanish telecommunications, utilities and engineering sectors, as well as conducting a number of Due Diligence processes. In 2004, he joined the listed water company AGUAS DE BARCELONA (AGBAR GROUP), where he managed the international controlling department, responsible for the financial reporting and controlling of all LATAM and US subsidiaries, as well as leading and collaborating in several M&A processes and stock transactions within the Group. In 2006, he joined COMSA CORPORACION, where he held various positions of responsibility in the corporate Finance and Strategy departments. He has managed several structured finance transactions, international M&A processes (buy and sell-side), defined and implemented various strategic plans within the Group and its subsidiaries.
Moreover, he is a member of the Supervisory Board of Przedsiębiorstwo Eksploatacji Ulic i Mostów Sp. z o.o. and PRK 7 Nieruchomości Sp. z o.o. (subsidiaries of the Issuer).

Mr Julio Alvarez Lopez declared that he:
– is not engaged in any activities outside the Issuer’s business which would be competitive to the Issuer’s business,
– is not a partner in a competitive civil law company, partnership or capital company,
– does not participate in a competitive legal person as a member of its body,
– is not listed in the Register of Insolvent Debtors (RDN) kept pursuant to the National Court Register Act.

Legal grounds:
§ 5 (4) and (5) of the Ordinance of the Minister of Finance of 29 March 2018 on current and periodic information provided by issuers of securities and conditions for recognizing as equivalent information required by the laws of a non-member state.