Appointment of Members of the Management Board for a New Joint Term of Office Covering the Years 2026–2029

The Management Board of Echo Investment S.A. (hereinafter the “Issuer” or the “Company”) hereby announces the decision of the Supervisory Board to appoint the Management Board of the Company for a new joint term of office covering the years 2026–2029, comprising: Mr. Nicklas Lindberg as President of the Management Board, Mr. Maciej Drozd as Vice-President of the Management Board, and Mr. Rafał Mazurczak as Vice-President of the Management Board.

The Management Board in the above composition will commence its term as of the date of approval by the Annual General Meeting of Echo Investment S.A. of the financial statements for the financial year 2025.

Furthermore, it is hereby announced that the current Member of the Management Board, Ms. Małgorzata Turek, upon the expiry of her current term of office, will serve as Strategic Advisor to the Management Board.

In view of the fact that the above-mentioned individuals have been appointed for another term of office, the Issuer does not attach to this report information concerning their education, qualifications, and previous positions held, including a description of their professional careers, as such information has already been made public in the form of current reports and is available, inter alia, on the Issuer’s website: https://www.echo.com.pl/s,10,o-nas.html.

To the best knowledge of the Company, none of the appointed members of the Management Board conducts any activity competitive to that carried out within the Company, nor participates in a competing company as a partner in a civil law partnership, a partnership, or a capital company, nor participates in any competing legal entity as a member of its corporate bodies.

To the best knowledge of the Company, none of the appointed members of the Management Board is listed in the Register of Insolvent Debtors maintained pursuant to the Act on the National Court Register.