Ferrum : Appointing the Supervisory Board Member

Current Report: 39/2017 Date: 2017-06-30 Name of the Issuer: FERRUM S.A. Title: Appointing the Supervisory Board Member Legal basis: Art. 56 item 1 point 2 of the Act on Public Offering - current and periodic information Content of the Report:

The Management Board of the FERRUM S.A. (Company) informs that on 30th June 2017 the Ordinary General Meeting of FERRUM S.A. adopted resolution on appointing as of the same day Mr. Andrzej Kasperek as Member of the Company Supervisory Board.

Underneath the Company presents information on the appointed person.

Mr. Andrzej Kasperek has been related to the capital market in Poland and Middle-Eastern Europe for 20 years. Independent member of supervisory boards of public companies listed by GPW. Founder and shareholder of an independent advising company. Specialized in matters relating to VBM, as well as transactional advising and M&A.

Education:

Szkoła Główna Handlowa in Warsaw (2012-2013) - postgraduate studies (Value Based Management) Politechnika Warszawska (2003-2004) - postgraduate studies (Property Valuation)

Uniwersytet Łódzki (1992-1997) - Master's degree (Finance and Banking)

Professional experience:

Investsight (2012 - until now) - managing partner, advising within strategy and financing, capital transactions and investor relations

Unicredit (2010 - 2012) - director, investment advising within construction and developing sector Inveno (2009 - 2010) - vice-president for investment in fund of joint venture capital type

UBS (2005 - 2008) - director, investment advising within developing, pharmaceutical and chemical sector in Middle-Eastern Europe, Germany and Austria

Citigroup (2000 - 2005) - director, investment advising within TMT sector (information technology, telecommunications, media) in Middle-Eastern Europe

Bank Handlowy - Capital Operations Centre (1998 - 2000) - analyst, investment advising within construction, developing and telecommunications sector in Poland

HSBC (1997 - 1998) - junior analyst

Functions:

Radpol S.A. (2017 - until now) - Secretary of the Supervisory Board, Audit Committee Member InPost S.A. (2017) - Supervisory Board Member

TIM S.A. (2016 - until now) - Supervisory Board Member

Polimex-Mostostal S.A. (2013 - 2016) - Deputy Chairman of the Supervisory Board, Audit Committee Member Sonel S.A. (2012 - 2015) - Supervisory Board Member, Audit Committee Chairman

RAM-Serwis Sp. z o.o. (2010 - until now) - Supervisory Board Member

Teta S.A. (2009 - 2010) - Deputy Chairman of the Supervisory Board, Audit Committee Chairman

Polski Koncern Mięsny Duda S.A. (2009) - Supervisory Board Member

In accordance with the submitted statement Mr. Andrzej Kasperek does not conduct any business activity other than specified above, in particular competitive against FERRUM S.A., does not participate in the competitive company as a member of the civil partnership, limited partnership or as a member of a limited liability company and does not participate in any other competitive legal entity as its member. Mr. Andrzej Kasperek is not listed in the Register of Insolvent Debtors kept under the Act of the National Court Register.

Detailed legal basis: § 5 item 1 point 22 of the Minister of Finance Regulation of 19th February 2009 on

current and periodic information […].

SIGNATURES OF PERSONS REPRESENTING THE COMPANY
Date	Position	First name and surname
2017-06-30	President of the Management Board	Krzysztof Kasprzycki
2017-06-30	Vice-President of the Management Board	Włodzimierz Kasztalski