Changes in the Management Board of Cyfrowy Polsat S.A.

The Management Board of Cyfrowy Polsat S.A. (the “Company”) hereby informs that at the meeting of the Supervisory Board of the Company held on January 17, 2019 Mr. Tobias Solorz resigned from the position of President of the Management Board of the Company, effective March 31, 2019. Subsequently, the Supervisory Board of the Company adopted resolutions on changes in the Management Board of the Company concerning:

• the appointment of Mr. Mirosław Błaszczyk, the existing President of the Management Board of Telewizja Polsat Sp. z o.o.., a subsidiary of the Company, to the position of President of the Management Board of Cyfrowy Polsat S.A., effective April 1, 2019;
• the appointment of Mr. Maciej Stec, the existing Member of the Management Board of Cyfrowy Polsat S.A., to the position of Vice-President of the Management Board, effective April 1, 2019.

Mr. Mirosław Błaszczyk has served as President of the Management Board of Telewizja Polsat Sp. z o.o. since 2007. From 1984 to 1988 he worked as director at Wrocław University of Technology, later he worked for a year as Assistant to President and Sales Representative of the company "Intersoft", next, from 1990 to 1991, as Sales Representative in Munich-based company "Ampol". From 1992 he worked for Przedsiębiorstwo Zagraniczne "Solpol"; until 1993 as Deputy Director, and later as Director of Legal Office. In 1994 he joined Telewizja Polsat, where, until 2007, he held the position of Director of Management Board Office and served as Proxy. At the same time, from March 2005 to September 2006, he was Deputy General Director of Polska Telefonia Cyfrowa Sp. z o.o. In 2007 he was appointed as President of the Management Board in Telewizja Polsat Sp. z o.o. He is also President of the Management Boards of Lemon Records Sp. z o.o. and Eska TV S.A., Member of the Council of the Polsat Foundation and holds a position of Supervisory Board Member of Muzo FM Sp. z o.o.

Mr. Błaszczyk also served in the past as Member of the Supervisory Boards in, among others, Plus Bank S.A. and Elektrim S.A.

Mr. Mirosław Błaszczyk graduated from the German Faculty at the Wrocław University.

Mr. Mirosław Błaszczyk does not conduct activities which are competitive to the operations of Cyfrowy Polsat S.A. and is not entered into the Registry of insolvent Debtors held by the Registry Court.

Legal basis: 5 Section 5 and Article 10 of the Ordinance of the Minister of Finance of March 29, 2018 on current and periodic reports published by the issuers of securities and the conditions of recognizing as equal the information required by the laws of non-member states (Journal of Laws 2018, item 757).