The Board

Zenon Daniłowski

President of the Management Board

Mr Zenon Daniłowski – a graduate of the Main School of Planning and Statistics.

Mr Zenon Daniłowski has expert knowledge in teams management, wholesale food market, production of pasta and fruit and vegetable preserves, EU programmes for entrepreneurs and local communities and forms of aid provided by the state for small and medium-sized enterprises.

In the years 1984 – 1991, a scientific and didactic employee working for the Main School of Planning and Statistics (carried out research in market economy and delivered courses to the students, participated in domestic and international scientific conferences). Since 1991, he has been a President of the Management Board of Praska Giełda Spożywcza SA, a parent company of the capital group operating on the food market. Since May 2012, Chairman of the Supervisory Board of Praska Giełda Spożywcza SA.

From July 2007 to May 2012, Mr Zenon Daniłowski held the position of the Chairman of the Supervisory Board of Makarony Polskie SA, and since May 2012 he has been the President of the Management Board of the said Company.

Mr Zenon Daniłowski has neither been entered to the Register of Insolvent Debtors maintained based on the Act on National Court Register nor pursues any competitive activity to the business of Makarony Polskie SA.

The Supervisory Board

Michał Słomkowski

Member of the Supervisory Board

Mr Michał Słomkowski holds a university degree. He graduated his studies at Leon Kozminski University with a Bachelor’s degree in BBA Finance and Accounting and a Master’s degree in Finance and Accountancy, specialising in corporate finance. He also completed postgraduate studies at the Institute of Spatial Management and Housing at Leon Kozminski University – Real Estate Management. He has extensive experience in controlling, labour performance and costs management.

Mr Michał Słomkowski is a partner of Elektrociepłownia Płock Sp. z o.o. (since 2014) and iKargo Sp. z o.o. / formerly MM Factor Sp. z o.o./. (since 2013). Since 2018, he has been President of the Management Board of iKargo Sp. z o.o., previously, since 2013, he was a Member of the Management Board of MM Factor Sp. z o.o. Since 2016, he has been on the Supervisory Board of Makarony Polskie SA, and since 2017 he has also been a member of the Audit Committee of Makarony Polskie SA.

Mr Michał Słomkowski declared that he does not meet the criteria of an independent member of the Supervisory Board of Makarony Polskie SA during the 12th term of office.

Roman Sobiecki

Chairman of the Supervisory Board

Mr. Roman Sobiecki is a professor at the Warsaw School of Economics (SGH), where in the years 2020-2024 he was Vice-Rector for Development. He is currently the director of the Institute of Markets and Competition. Previously, he was Dean of the SGH College of Business Studies from 2012 to 2020. In 2013-2015, he was the chairman of the National Entrepreneurship Council, part of Ministry of Economy. From 2011 to the present, he has been a member of the Examination Board for applicants for an advisor license restructuring, which operates in the Ministry of Justice.

Mr. Roman Sobiecki is the author and co-author of more than 70 books and articles on micro- and macroeconomics, globalisation and entrepreneurship (including the book “Globalisation and the functions of Polish agriculture”, “The Agrarian Question in Economic Theory”). He has also authored and co-authored academic textbooks for students on competition theory and competitive strategies of companies.

Mr Roman Sobiecki has extensive experience in corporate governance. He served as Vice Chairman of the Supervisory Board of Zakłady Azotowe in Puławy SA (1997-1998), member of the Supervisory Boards of companies: Ruch SA (1997-1998), Bank PKO BP SA (2008-2009), National Fund for Environmental Protection and Water Management (2014-2016), Powszechne Towarzystwo Emerytalne Bankowy S.A. (2009-2010), Chairman of the Supervisory Board of Miejskie Przedsiębiorstwo Energetyki Cieplnej Sp. z o.o. in Łomża (1997-2004) and Chairman of the Supervisory Board of Agro-Techniki SA /now Praska Giełda Spożywcza SA/ (1997-2008). He was also member of the Liquidation Commission of RSW Prasa-Książka-Ruch (1993-1998). Since 2012, he has been member of the Supervisory Board of Makarony Polskie SA being its Chairman. He also served as President of the Audit Committee of Makarony Polskie SA from 2017 to 2024.

Mr Roman Sobiecki declared that he does not meet the criteria of an independent member of the Supervisory Board of Makarony Polskie SA during the 12th term of office.

Ahmed Khalil

Vice-President of the Supervisory Board

Mr Ahmed Khalil holds a Master of Business Administration (MBA) from Harvard Business School (2012), specialising in corporate finance and property, and a Bachelor of Business Administration, specialising in financial management and marketing, from the American University in Cairo (AUC).

Mr Ahmed Khalil has extensive knowledge of corporate governance and investment strategies. He has 20 years’ professional experience in the fields of corporate management, business development, sales, marketing and investment strategies. He began his career in the retail sector, then worked at Microsoft Egypt, before joining Raya Holding, where he held a number of senior management roles, including CEO of Raya Restaurants (2012–2018) and CEO of Raya Smart Buildings (2013–2019).

Since 2020, Mr Ahmed Khalil has served as Group Chief Executive Officer (Group CEO) of Raya Holding for Financial Investments, responsible for implementing the Raya Group’s growth strategy, strengthening its market position and improving the operational efficiency of the entire investment portfolio. He oversees a diversified portfolio of 10 portfolio companies operating in the technology, fintech, retail, manufacturing, distribution, automotive and business services sectors, generating annual revenue in excess of US$1.3 billion. Mr Khalil has been a member of the Supervisory Board of Makarony Polskie SA since 2020, serving as Vice-President of the Supervisory Board. In the past, he held positions on the supervisory and management bodies of Fawry and Rameda Pharma.

Mr Ahmed Khalil declared that he does not meet the criteria of an independent member of the Supervisory Board of Makarony Polskie SA during the 12th term of office.

Dorota Podedworna-Tarnowska

Member of the Supervisory Board

Ms Dorota Podedworna-Tarnowska is a Doctor of Economics (degree obtained with distinction). Head of the Department of Axiology and Value Measurement at the Institute of Value Management in the College of Business Administration at the Warsaw School of Economics. Member of the Senate of the Warsaw School of Economics. She has authored and co-authored numerous publications on corporate finance and capital markets. She has won awards and distinctions from the SGH Rector for her scientific and organisational activities. From 2013 to 2015, she served as Undersecretary of State – Deputy Minister at the Ministry of Finance, overseeing, among other things, public debt management, financial market regulation, accounting and auditing and the Accounting Standards Committee. At the same time, she served as President of the Polish Audit Supervision Committee and President of the Export Insurance Policy Committee.

Ms. Dorota Podedworna-Tarnowska has extensive experience as a member of supervisory boards of companies, in the past, among others, she was the chairwoman of the remuneration committee at Bank Gospodarstwa Krajowego. Currently, she holds the function of the chairwoman of the supervisory board of Quercus TFI SA, the function of the vice-chairwoman of the supervisory board, the chairwoman of the audit committee and the chairwoman of the remuneration committee at Dom Development SA and the function of chair of the audit committee on the supervisory board of Bank BPH SA. She is the deputy trustee at Millennium Bank Hipoteczny SA.

Ms Dorota Podedworna-Tarnowska is a graduate in finance and banking from the Warsaw School of Economics. She is also a graduate of the Postgraduate Studies in Taxation and Tax Law at the University of Warsaw, the International Faculty Program at IESE Business School in Barcelona. She has completed a number of courses in auditing, accounting and investing. In 2012, she completed a research internship in the finance department at the New York University Stern School of Business.

Ms Dorota Podedworna-Tarnowska declared that she meets the criteria of an independent member of the Supervisory Board of Makarony Polskie S.A. during the 12th term of office.

Andrzej Szumowski

Member of the Supervisory Board

Mr Andrzej Szumowski is a graduate of the Faculty of Law and Administration at the University of Warsaw, where he obtained a Master’s degree in law. He completed a postgraduate course in Public Relations at the Warsaw School of Economics. He is qualified to sit on the supervisory boards of State Treasury companies, as confirmed by a state examination passed in 2001. Mr Andrzej Szumowski has many years of professional experience gained in public administration, business and economic self-government organisations. Since 2024, he has been Director of the Office for International Cooperation at the Polish Chamber of Commerce, and since July 2025 he has served as Vice-President of the Polish Chamber of Commerce. He is President of the Polish-Saudi Business Council and actively participates in the activities of organisations supporting the development of international economic cooperation. Between 2003 and 2024, he served as Vice-President of the Management Board of Wyborowa SA (Wyborowa Pernod Ricard).

Mr Andrzej Szumowski is also involved in teaching and consultancy work, collaborating with leading universities (including the Warsaw School of Economics, the University of Warsaw, Civitas University, Kozminski University and the Vistula Academy of Finance and Business) as well as business organisations. In the past, he worked at the Ministry of Foreign Economic Cooperation (1990–1994). He served as Under-Secretary of State at the Office of the Committee for European Integration. He was an adviser to the Head of the Chancellery of the President of the Republic of Poland, Ms Danuta Hübner; an adviser on economic promotion to the Minister for Foreign Affairs; and an adviser to the Ministers of Agriculture and Rural Development on the promotion of Polish food. He was an expert at the European Economic and Social Committee (ECO SOC) in Brussels, as well as a member of the advisory team at TEXACO Pipeline Int. (1998-2001). Mr Andrzej Szumowski has experience on the supervisory boards of capital companies. He was President of the Supervisory Board of KOPEX SA (2002–2006). Between 1992 and 1994, as a representative of the State Treasury, he also sat on the supervisory boards of CIECH SA, Polimex Cekop SA, Animex SA and Polmot Holding SA.

Mr Andrzej Szumowski declared that he meets the criteria of an independent member of the Supervisory Board of Makarony Polskie SA during the 12th term of office.

Wiesław Wasilewski

Member of the Supervisory Board

Mr Wiesław Wasilewski graduated from the Higher School of Engineering in Radom, Faculty of Economics and Organisation, and completed postgraduate studies at the University of Warmia and Mazury, Faculty of Economic Sciences, majoring in EU Funds Management.

Since 2002, he has been the owner of Big-Pol Fundusze Pomocowe, a consulting company specialising in large investment projects mainly in the dairy, fruit and vegetable, meat, grain processing and milling, livestock and pet food, spirit and oil industries. The main areas of activity are the construction and modernisation of production and storage areas, modernisation and purchase of machinery and equipment, computerisation and robotisation of production and storage processes, laboratories and analysers. He specialises in the supervision of investment planning, obtaining full financing (including EU subsidies), accounting for the funds obtained and monitoring the effects of the investment, financial, accounting and tax consultancy, implementation of product, process, technological and organisational innovations. Author of publications in food and industry press, including Przegląd Mleczarski, Gospodarka mięsna, Przemysł owocowo-warzywny i fermentacyjny, Agrotrendy, Poradnik rolniczy, Czysta Energia. Speaker at many conferences and seminars, e.g. during Polagra, Food Practic, Euromlecz, Bio Expo.

Mr Wiesław Wasilewski declared that he does not meet the criteria of an independent member of the Supervisory Board of Makarony Polskie SA during the 12th term of office.

Audit Committee

Since 2017, Makarony Polskie SA has had an Audit Committee. The Audit Committee consists of three persons elected from among the members of the Supervisory Board, i.e.:

Dorota Podedworna-Tarnowska – Chairman of the Audit Committee,

Wiesław Wasilewski – Member of the Audit Committee,

Andrzej Szumowski – Member of the Audit Committee.

The members of the Audit Committee meet the independence criteria specified in the Act on Certified Auditors. The members have the knowledge and skills in accounting and auditing, as well as in the industry in which the Company operates.