Integrated Report
2022

Organizational Structure of the Company and the Group

GRI
GRI
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Organizational structure of KGHM Polska Miedź S.A.

In 2022, the multi-division enterprise operating within KGHM Polska Miedź S.A. consisted of the Head Office and 10 Divisions.

Organizational structure of KGHM Polska Miedź S.A.

Mining
  • Lubin Mine Division
  • Polkowice-Sieroszowice Mine Division
  • Rudna Mine Division
  • Concentrators Division
  • Tailings Division
Steel sector
  • Głogów Copper Smelter and Refinery
  • Legnica Copper Smelter and Refinery
  • Cedynia Copper Wire Rod Plant
Other
  • Head Office
  • Mine-Smelter Emergency Rescue Unit
  • Data Centre Division

Organizational Chart of the KGHM Polska Miedź S.A. Group

GRI
  • 2-2
  • 2-6

As at 31 December 2022, the Group was composed of KGHM Polska Miedź S.A. as the Parent Entity and 65 subsidiaries located on four continents: in Europe, North America, South America and Asia. Some of these subsidiaries formed their own groups. The largest of them, both in terms of the number of members and the value of equity, is the KGHM INTERNATIONAL LTD. Group the main assets of which are located in Canada, the United States and Chile. It consisted of KGHM INTERNATIONAL LTD. and of 25 of its subsidiaries.

Reporting segments of the KGHM Polska Miedź S.A. Group

KGHM Polska Miedź S.A. KGHM INTERNATIONAL LTD. Sierra Gorda S.C.M. Other segments
Line of business Mined and metallurgical production of metals – Cu, Ag, Au Mined production of metals – Cu, Ni, Au, Pt, Pd, Ag Mined production of metals – Cu, Mo, Au, Ag
  • Companies supporting the core business of KGHM Polska Miedź S.A.
  • Companies that are part of the so-called Polish Spa Group (Polska Grupa Uzdrowisk)
  • Companies playing an important role in advancing CSR policy
  • Other companies, including special purpose vehicles in the holding structure
Key production assets Underground mines
  • Lubin Mine
  • Polkowice-Sieroszowice Mine
  • Rudna Mine

Metallurgical plants

  • Legnica Copper Smelter and Refinery
  • Głogów I Copper Smelter and Refinery and Głogów II Copper Smelter and Refinery
  • Cedynia Copper Wire Rod Plant
Robinson mine in the USA (open pit) Sierra Gorda mine in Chile (open pit)
Main development projects
  • Głogów Głęboki-Przemysłowy

Pre-production and exploration projects in south-western Poland

Victoria project in the Sudbury Basin in Canada – construction of an underground copper and nickel mine Sierra Gorda Oxide project in Chile

The following companies were not included in any of the aforementioned segments:

  • Future 1 Sp. z o.o., which acts as a holding company with respect to the KGHM INTERNATIONAL LTD. Group,
  • Future 3 Sp. z o.o., Future 4 Sp. z o.o. and Future 5 Sp. z o.o. (which operate in the structure related to the establishment of a Tax Group).

Structure of the KGHM Polska Miedź S.A. Group, as at 31 December 2022

The percentage share represents the Group’s total share.

Structure of the KGHM International LTD. Group as at 31 December 2022

The percentage share represents the Group’s total share.

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