Letter of the Chairman of the Supervisory Board
Ladies and Gentlemen,
The report submitted to you describes and summarizes in detail our activities in 2022.
It was undoubtedly another "troubled" year in terms of our macroeconomic environment and, more broadly, the entire world order. On the one hand, it was a year of recovering from the pandemics, but on the other - and probably most importantly - of the still ongoing war triggered by Russia's invasion of Ukraine. Both of these issues undoubtedly have a gigantic impact on the economic and social situation around the world, and especially here in Poland, which directly borders both the invaded Ukraine and the Russian aggressor. In addition to our standard activities, we have therefore continued our aid activities in support of Ukraine and its citizens, especially those who have found refuge in Poland for the duration of the war.
The most important and crucial point, however, is that we have been consistently implementing our plans all along, and last year was another period of many challenges, strategic changes and decisions for us.
As announced, in pursuit of the assumption of further long-term development of our Group, we implemented our Strategy 2023+, announced in 2021, under which we added the third segment of Clean Energy to the two main business pillars of our Group - Telecommunication under Plus brand and Content under Polsat brand. We want to provide Poles with low-cost, clean, green energy, which is essential for everyday life and which, along with telecommunications and media services, is a basic service in every household.
We are developing both the Telecommunication and Content pillars. We are increasing the coverage of Poland's fastest 5G network - currently 5G of the Plus network reaches more than 20 million people living in more than 1,000 towns and cities thanks to 3,500 transmitters. We are betting on strengthening the video content we offer, in particular we will focus on developing our streaming service Polsat Box Go.
We are very active in the Clean Energy pillar, which is crucial for the future and development of the entire Poland. Poland needs clean, cheap and green energy, which we want to produce and supply to Polish homes and businesses. Together with ZE PAK, we are intensively developing wind, solar and biomass power projects. In the area of onshore wind farms, we are already implementing projects with a total capacity of nearly 300 MW. In photovoltaics, we are preparing to expand the Brudzew farm. A special position in our strategy is occupied by hydrogen economy - the past year saw the debut of the first Polish hydrogen bus, the construction of a hydrogen bus factory and hydrogen refueling stations. In 2023, the first electrolyzer in Poland to produce green hydrogen on a mass scale will begin operations. Today, 100% of the energy used by Polsat Plus Group companies already comes from renewable sources. We believe that the energy transition is necessary and even essential for us as a society to breathe clean air and live in a better environment.
On behalf of the Supervisory Board of Cyfrowy Polsat, I would like to thank our customers for another year together, for their loyalty, trust in our services and products that we create with them in mind, and for motivating us to introduce more innovations. I would like to pay special tribute to all the Group's employees, who once again prove that thanks to their commitment, diligence, high motivation and efficiency, all projects and tasks are successfully implemented and our Group remains a leader.
I would like to thank the investors very much for their trust and willingness to continue to participate with me, as shareholders, in building the future of Polsat Plus Group.
Yours faithfully,
Zygmunt Solorz
Chairman of the Supervisory Board, Cyfrowy Polsat S.A.