A graduate of Nicolaus Copernicus University of Toruń, the faculty of Economics and Management, majoring in Management and Marketing. The person specializes in controlling, managing production processes, developmental and optimization processes. Since 2017, the person has been working within Lubawa S.A. structures on positions related to production processes, controlling, as well as supervising Company’s operations. In the years 2016-2017, the person worked in Helgesen Sp. z o.o. in Bydgoszcz. From 2006 to 2016, the person worked in Poland Tokai Okaya Manufacturing Sp. z o.o. in Ostaszewo near Toruń where he was engaged in the implementation of green-field investments. In the year 2004-2006, the person worked in Elana S.A./Boryszew S.A., and in the years 2002-2004, he worked in Ergis S.A. in Wąbrzeźno.

Information on other business activities of Company Board member, including, in particular, information on participation or holding positions in business entities in competition with the Company:

Mr Przemysław Zasztowt does not conduct business activity in competition with Lubawa S.A. in Ostrów Wielkopolski and does not participate in a rival company, as a partner in a private partnership or partner of any other company, and is not a member of bodies of another capital company conducting business activity in competition with the activity of Lubawa S.A. in Ostrów Wielkopolski.

Mr Przemysław Zasztowt has not been entered in the register of insolvent debtors kept according to the National Court Register Act of 20.08.1997.

Graduate of the WSB - National-Louis University in Nowy Sącz, Faculty of Computer Science, specialization in Software Engineering and DePaul University in Chicago (Master of Science in Computer Science).

Employed in Lubawa SA since 2005 in the positions of Designer (2005 - 2011), Head of the Research and Development Department (2012 - 2016), Director of the Research and Development Department (2016 - 2022) and Director of the Lubawa SA Research and Development Center (2022 – 2023).

Information on other business activities of Company Board member, including, in particular, information on participation or holding positions in business entities in competition with the Company: Mr Jacek Wilczewski does not conduct business activity in competition with Lubawa S.A. in Ostrów Wielkopolski and does not participate in a rival company, as a partner in a private partnership or partner of any other company, and is not a member of bodies of another capital company conducting business activity in competition with the activity of Lubawa S.A. in Ostrów Wielkopolski.

Mr Jacek Wilczewski has not been entered in the register of insolvent debtors kept according to the National Court Register Act of 20.08.1997.

Mr Andrzej Tadeusz Kowalski is a graduate of Pedagogical University in Zielona Góra (currently University of Lublin) in Mathematics and a graduate of Academy of Economics (currently University of Economics) in Wrocław - Master of Business Administration (MBA) in Management and Marketing; a graduate of ICAN Institute, Harvard School of Business programme in Management. Moreover, he undertook several trainings enhancing his knowledge in project management, organisational change management, lean management. Mr Andrzej Kowalski boosts expert knowledge in the processes of organisation management and sales and marketing processes. In the period 2015-2017 he worked as Director of San Marco Polonia, in the period 2013-2014 – as Sales Development Director in PPG Deco Polska, in the period 2006-2012 – as Sales and Marketing Director, Member of Management Board of Malfarb and Dyrup Polska, in the period 2002-2006 – as Marketing Director in Selena company, in the period 2001-2002 – as Commercial Director in MIS company, in the period 2000-2001 – as Commercial Director and Member of Management Board in Hanka company. During his career, Mr Andrzej Kowalski participated in strategic projects related to the organisation. He has hands-on experience in the field of construction of long-term strategies for organisation, optimisation of management and sales and marketing processes, budgeting processes, planning and execution of the processes in organisation, HR process. Mr Andrzej Kowalski does not conduct any activity competitive to the activity of the Issuer and is not a partner in a civil law partnership, limited partnership or a member of a joint-stock company body or any other competitive legal entity.

A graduate of the Faculty of Management at the Poznań Academy of Economics, with specialisation in Corporate Finance and Accountancy. Mr Paweł Kois is a specialist in the field of corporate finance and investment project assessment.

In 2000-2005, he worked in BIG Bank Gdański S.A. and Bank Ochrony Środowiska S.A. Since 2005, Mr Paweł Kois is a Member of the Supervisory Board of Miranda Serwis Sp. z o.o. From July 2005 to November 2008, and since June 2011, he has been a Member of the Supervisory Board of Miranda Sp. z o.o., and from November 2008 until April 2011, he was a Vice-President of the Management Board of Miranda Sp. z o.o. Since July 2005, Mr Paweł Kois has been a Chief Financial Officer at Effect-System S.A., and since February 2008 to March 2011, he was a Chief Financial Officer at ZPH Litex. Since March 2011, he has held the office of a Chief Financial Officer at Litex Promo Sp. z o.o.

In December 2010, he was appointed a Member of the Supervisory Board of Lubawa S.A.

Mr Paweł Litwin, aged 29, obtained a higher education – he is a graduate of Wyższa Szkoła Biznesu – National-Louis University in Nowy Sącz, where he completed his studies in Management and Marketing and obtained specialisation in finance management.

At present, Mr Paweł Litwin holds the office of: - the Member of the Management Board of Litex Service Sp. z o.o. with its registered office in Ostrów Wielkopolski – since 6 May 2008; - the Head of the Development Department at Litex Service Sp. z o.o. with its registered office in Ostrów Wielkopolski – since 1 February 2012; - the Manager for key foreign customer service on the market of licensed products at Miranda Sp. z o.o. with its registered office in Turek; - the Member of the Supervisory Board of Litex Promo Sp. z o.o. with its registered office in Ostrów Wielkopolski – since 25 November 2011.

Mr Paweł Litwin has also held the office of a member of the Supervisory Board of Miranda Sp. z o.o. with its registered office in Turek, in the period from 7 August 2007 to 17 April 2011.

Mr Paweł Litwin is not listed in the register of insolvent debtors, kept under the Act on the National Court Register. He does not conduct activities that would be competitive to the activities of the issuer, and he is not a co-owner or a member of the management of any other company that conducts activities competitive to the activities of the issuer.

A graduate of the Faculty of Marketing and Management (specialisation in finance) at Wyższa Szkoła Biznesu [the Higher School of Business] – National-Louis University in Nowy Sącz.

Since 2005, Mr Łukasz Litwin has worked in the structures of LITEX Service Sp. z o.o. Since 2010, he has held the office of a Proxy at Miranda Sp. z o.o.

In July 2011, he was appointed a Member of the Supervisory Board of Lubawa S.A.