By letter dated 11 July 2014, the Republic of Poland nominated Mr Artur Radziwiłł (Undersecretary of State, Ministry of Finance) for appointment as a Full Member of the Board of Directors of the EIB to succeed Mr Jacek Dominik, who had tendered his resignation.

By letter dated 17 July 2014, the Board of Governors was invited to vote on the proposed appointment.

The decision to appoint Mr Artur Radziwiłł was taken on 6 August 2014, the date on which the requisite majority of Governors' votes was reached.

The term of office of Mr Artur Radziwiłł will expire in 2018 at the end of the day either of the Annual Meeting or of the approval of the financial statements for the previous financial year, whichever is the later.