UNOFFICIAL TRANSLATION

Bank Polska Kasa Opieki Spółka Akcyjna (the "Bank") hereby informs that on 26 September 2024 the Supervisory Board of the Bank:
1)    in an open selection process and after assessing suitability, effective from 2 November 2024 in the Bank's Management Board of the current joint term of office Mr. Marcin Zygmanowski for the position of Vice President of the Management Board of the Bank,
2)    dismissed Vice President of the Bank's Management Board Ms. Magdalena Zmitrowicz from the Management Board of the Bank. The reasons for the cancellation were not given.

In accordance with the submitted declaration, Mr. Marcin Zygmanowski, from the date of taking up the function, conducts any activity competitive to the Bank, in particular will not hold the status of a partner in a civil partnership, partnership or capital company competitive to the Bank, nor act as a member of the governing body of another legal person competing with the Bank or run his own business activity competitive with the Bank. Mr. Maricn Zygmanowski is not entered in the Register of Insolvent Debtors kept pursuant to the Act of August 20, 1997 on the National Court Register.

CV of the Mr. Marcin Zygmanowski containing the information specified in § 10 point 4 of the Regulation of the Minister of Finance of March 29, 2018 on current and periodic information provided by issuers of securities and the conditions for recognizing as equivalent information required by the laws of a non-member state, constitute annex to this current report.

The open selection process for the remaining positions remains open.

Legal basis:
Paragraph 5 point 4 and 5 of the Ordinance of the Minister of Finance on 29 March 2018 on the current and periodic information published by issuers of securities and on the conditions for recognising such information as being equivalent to information required by the provisions of law of a non-member state (Journal of Laws 2018 item 757 with subsequent changes).