In connection with the comments appearing in the media on the conditions of resignation from the functions of former members of the Management Board of Huta Stalowa Wola S.A. Mr. Bernard Cichocki and Mr. Jacek Kosiński, we would like to inform you that former members of the Management Board, due to the lack of legal and factual grounds, were not entitled to receive severance pay, which is why they were not paid out.
According to binding agreements for the provision of management services, the severance pay for the Board Members of HSW S.A Management Board, is not payable in the event of resignation from performing the function.