The Supervisory Board may consist of from seven to eleven members, each of whom is elected for a common term of office of three years. The actual number of Supervisory Board members is determined by the shareholders.

Our Annual Shareholders Meetings, held on May 15, 2009, appointed eleven members of the Supervisory Board for a three year common term of office.

In connection with Markus Tellenbach appointment as the President of the Management Board of TVN, he has tendered on August 12, 2009, with effect as of August 31, 2009, his resignation from the function of a member of the Supervisory Board of TVN.

In connection with resignation of Mr. Markus Tellenbach from the Supervisory Board the Supervisory Board of TVN S.A. appointed Mr. Michał Broniatowski (cooptation method) to our Supervisory Board on October 28, 2009.

The principal function of the Supervisory Board is to supervise the Management Board. The competencies of the Supervisory Board also include (I) examining the financial statements and the management board’s report, (II) representing the Company in contracts and disputes with members of the Management Board, (III) approval of the Management Board’s regulations and its amendments, (IV) granting the consent for making the prepayment to the shareholders against future dividend and (V) approving our annual financial statements for publication.

The Management Board must report its activity to the Supervisory Board on a regular basis and must obtain the prior consent of the Supervisory Board for the undertaking of actions which are set out in the Articles. In addition, the Supervisory Board appoints the Company’s auditors and approves annual budgets.