• CLEAN AND ENVIRONMENTALLY FRIENDLY Natural gas is the cleanest and most environmentally friendly of all fossil fuels...Read more

  • WELL DRILLING PADThe size of a typical drilling pad is about 1 hectare. To compare, the floorage of an average shopping centre is 4.5 hectares... Read more

  • SECURING OF WELL DRILLING PADA drilling pad as well as the adjacent pool are reinforced and tightened with concrete slabs. Protective foil is additionally laid where necessary.

  • WORK NOISEWell drilling does not produce onerous noise. The intensity of sounds generated in connection with drilling work is lower than that generated by street traffic.Read more

  • SAFETY OF FRACTURING PROCESSIn Poland, exploration wells in shale rock are drilled to depths of over 2.5 km.Read more

  • COMPOSITION OF FRACTURING FLUIDFracturing fluid is 95% water. Read more

  • NO MAJOR LANDSCAPE INTERFERENCEIf gas production is launched, the land surrounding the isolated, secured zone, is subject to a reclamation treatment. Read more

Statement of Compliance with Corporate Governance Rules at Polskie Górnictwo Naftowe i Gazownictwo S.A. – Contents

6. Restrictions on voting rights, such as limitations of the voting rights of holders of a given percentage or number of votes, time limitations on exercising voting rights, or provisions under which, with the company’s cooperation, the equity rights attaching to securities are separated from the holding of securities

In 2012, neither the Issuer’s Articles of Association, nor any of the Issuer’s other internal regulations provide for any restrictions on the exercise of voting rights.

On December 31st 2012, the amendments to the Articles of Association of PGNiG S.A., introduced under a resolution of the Company’s Extraordinary General Meeting dated December 6th 2012, were registered in the Register of Entrepreneurs. Under the amended Articles of Association of PGNiG S.A., the voting rights of the Company shareholders are limited so that at the General Meeting no shareholder can exercise more than 10% of the total vote at the Company as at the date of the General Meeting, provided that such a restriction of the voting rights is deemed non-existent for the purpose of determining the obligations of buyers of major holdings of shares.

The voting right restrictions do not apply to shareholders who, as at the date of the General Meeting’s resolution imposing the limitation of voting rights, are holders of shares conferring more than 10% of the total vote at the Company, and shareholders acting together with shareholders holding shares conferring more than 10% of the total vote, pursuant to agreements concerning joint exercise of voting rights.

For the purpose of restricting the voting right, the votes of shareholders bound by a parent-subsidiary relationship shall be aggregated and if the aggregated number of votes exceeds 10% of the total vote at the Company, it shall be subject to reduction.

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