Gas Storage Poland Sp. z o. o.

Gas Storage Poland Sp. z o. o. (GSP) core field of activity is performing tasks of a storage system operator. The company provides volumes and capacities of storage facilities that meet the needs of the gas storage market participants, at the same enabling the optimal use of these facilities.

Gas Storage Poland sp. z o.o. is particularly responsible for the following tasks:

• providing safety of storage facilities operation and the execution of contracts with users of these facilities
• ensuring the operation, maintenance and repair of storage facilities and devices in a such a way that guarantees the reliability of their functioning
• ensuring long-term ability of storage facilities in order to meet reasonable demands for gaseous fuels storage, as well as development of storage facilities
• managing capacity of storage facilities
• providing storage services required for the accurate operation of a gas system
• managing gaseous fuels flow directed to and received from storage facilities and maintaining the quality parameters of these fuels
• providing users of the system and operators of other systems with the information regarding terms and conditions of rendering gaseous fuel storage services, including cooperation with interconnected gas systems
• cooperation with other gas system operators or energy companies to ensure reliable and efficient operation of gas systems and to coordinate their development

GSP also deals with the design and construction of underground gas storage facilities in rock salt deposits.

Authorities

 

Karina Szostak

President of the Management Board

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Supervisory Board:

Sławomir Hinc

Chairman of the Supervisory Board

Adam Bryszewski

Deputy Chairman of the Supervisory Board

Elżbieta Rzepnicka

Secretary of the Supervisory Board

Registered holders of a general commercial power of attorney of the Management Board:

Arleta Olejniczak

In Gas Storage Poland sp. z o.o. she is the Director of the Finance Department.

Katarzyna Staręga

In Gas Storage Poland sp. z o.o. she is the Director of the Commercial Department.

Karina Szostak close

President of the Management Board

Mrs Karina Szostak graduated from the University of Warsaw, Faculty of Economic Sciences, specializing in finance and banking. She holds an Executive MBA degree from the University of Warsaw in collaboration with the University of Illinois, accredited by AASCB, AMBA, and EQUIS. She also attended the Faculty of Law and Administration at the University of Warsaw.

Karina Szostak has nearly 20 years of experience in various industries, including gas, fuel, energy, chemical, infrastructure, transportation, waste management, and banking.

From 2005 to 2012, she worked in consulting - at Ernst & Young in the transaction advisory department, where she was responsible for financial modeling and financing acquisition, and at Roland Berger Strategy Consultants, where she prepared strategies for corporate banking. She also has experience in the banking sector - at Bank Handlowy in the Treasury Department and at the former Bank BPH in the Corporate Clients Department.

Between 2012 and 2021, she served as Deputy Director of Strategy at PGNiG S.A. (and also Strategy and Regulation) and Deputy Executive Director for Strategy and Innovation, Capital Investments and Investor Relations at PKN Orlen S.A. In these roles, she prepared and supervised numerous strategies for the Capital Group and the Corporation, strategic financial models, and segmental strategies for companies. She also implemented several strategic, development, and acquisition projects, including those for energy, logistics, and storage assets. She also supervised the exploration and production segment.

From 2022 to 2024, she held the position of Director of Production Transformation, Energy Transformation, and Capital Allocation at Qemetica S.A. (formerly Ciech S.A.), where she was responsible for optimizing production assets, energy strategy, and group decarbonization, as well as controlling capital expenditures.

Throughout her career, she has also held several roles in supervisory bodies, including PGNiG Obrót Detaliczny Sp. z o.o. and PGNiG Termika S.A., and holds a diploma for candidates for members of supervisory bodies from the Chancellery of the Prime Minister of Poland (KPRM).

The Compliance Programme

On 25 March 2013 Gas Storage Poland sp. z o.o. with its registered office in Dębogórze (the “Operator”) adopted and implemented "The Programme for Ensuring Non-Discriminatory Treatment of Storage Facility Users (The Compliance Programme)".

The present Compliance Programme (the “Programme”) is established in performance of the Operator’s obligation under Article 9d(4) of the Energy Law Act to develop a programme specifying the measures to be undertaken by the Operator to ensure non-discriminatory treatment of Storage Facility Users, including detailed obligations of the Operator’s employees resulting from the Programme.

The purpose of this Programme is to ensure equal and non-discriminatory treatment of Storage Facility Users and potential Storage Facility Users so that they are all treated in the same way by the Operator.

The Compliance Program has been revised over the years. The most recent change results from the approval by the decision of the President of the Energy Regulatory Office (the “ERO President”) of the Storage Code, which, as of November 6, 2023, at 06:00 replaced the Storage Service Rules. The revised Programme has been approved by the ERO President by decision no. DRR.WRD.743.1.2024.KKu dated February 22, 2024, which became binding on March 9, 2024.

• Compliance Programme - The programme for ensuring non-discriminatory treatment of Storage Facility Users
• Decision of the President of the Energy Regulatory Office of February 22, 2024

In order to, among others, monitoring compliance with the provisions of the Programme, the Company's Management Board appointed an attorney-at-law - Ms. Magdalena Nowak-Karpińska - as the Compliance Inspector, who also provides information on the Programme issues.

Contact:

Compliance Officer

Magdalena Nowak-Karpińska
Attorney-at-law

zgodnosc@gas-storage.pl

Anti-corruption Policy

The overriding principle of Gas Storage Poland sp. z o.o. is to act in a responsible and ethical manner. Gas Storage Poland sp. z o.o. has a reputation for integrity both in its management practices and in its relations with counterparties and customers. The Company cares for continuous improvement of ethical standards in its operations. For this purpose, a Policy defining the guidelines in the area of counteracting corruption and fraud has been introduced.

Furthermore, the Company introduced Anti-corruption and gift procedure of Gas Storage Poland sp. z o.o. which is the executive act to the Policy adjusted to the framework of operations and organizational structure of Gas Storage Poland sp. z o.o.