Corporate Governance

Nicolas Maguin was appointed to Netia’s supervisory board on April 9, 2009. Mr. Maguin is today the General Manager of the Louis Dreyfus Commodities group in Russia. Over the years, he developed an extensive experience in the fields of restructuring, business development and P&L optimization on fast growing markets. He led major market developments and product innovations in one of the fastest growing French telecom companies, which became in less than 10 years the incumbent operator’s main rival.

In January 2000, Mr. Maguin joined Louis Dreyfus Communication (LDCOM) later renamed Neuf Cegetel. During his 9 years at Neuf Cegetel, he moved from the position of Director of Business Development to the position of Executive Vice President of Mass Market Division, and executive committee member of the group.

During his last assignment, he had full P&L responsibilities over a €1,438m turnover division that he grew by 68% from €872m between 2006 and 2007. He launched major initiatives to reduce churn, grow ARPU, and complete the technical and brand integration of Cegetel, AOL and Club Internet (the company developed through a string of acquisitions). These initiatives led to a 33% profitability improvement and a customer base’s growth from 2.2m in 2006 to 3.2m in 2007.

Before leading the Mass Market division, he had comparable leadership position in the Enterprises/Corporate markets where he covered the technical and administrative Customer Care, the Network Operations, and the Credit Management (billing and debt collection).

In 2008, the 2nd French mobile operator (SFR) launched a public offering to buy 100% of Neuf Cegetel. Mr. Maguin was instrumental in the accelerated merger and the broadband/mobile convergence between the two companies. He finally decided, alongside other key members of the Neuf Cegetel executive committee, to return to Louis Dreyfus Corp.

From 1989 through 1999, Mr. Maguin worked at CLECIM, one of the world’s leading engineering and plant-building companies for the iron and steel industry, today called Siemens VAI. Under his tenure, Mr. Maguin managed project teams, and worked on international projects and business development opportunities, with postings in the USA and Ukraine.

Mr. Maguin received his MSc. from Ecole Nationale Supérieure de Techniques Avancées ENSTA (Paris), and holds an M.B.A. degree from London Business School.

He does not conduct directly or through legal entities any activities that would compete with the activities of Netia. He is not a partner in civil law company or any partnership, nor a member of any authorities of any corporation or any other competitive legal entity. He has not been registered in the Non-Solvent Debtors Register kept pursuant to the National Court Register Act.

Mr. Maguin meets the criteria of an independent member in accordance with the corporate governance rules adopted by the Warsaw Stock Exchange and Netia’s statute.