Investor relations

reports

Report 39/2025

28.08.2025 17:17

Conclusion of an agreement with trade unions operating at the Bank regarding changes to remuneration and bonus conditions for no more than 138 employees

Bank Polska Kasa Opieki Spółka Akcyjna ("Bank"), in reference to Current Report No. 37/2025 dated 11 August 2025, announces that: 
1.    2,515 Bank employees (95%) accepted the changes to remuneration and bonus conditions proposed by the Bank. 
2.    on 25 August 2025 the Bank concluded an agreement specifying the principles for changing remuneration and bonus conditions for no more than 138 employees pursuant to collective redundancies with three trade unions operating at the Bank, including all representative organizations. 

The parties to the agreement agreed on the terms of severance pay and additional benefits for those who did not accept the Bank's proposal to change remuneration and bonus conditions. It was also agreed that the process of providing employees with notices amending the terms of their employment contracts will begin no earlier than 1 September 2025, and end no later than 30 September 2025, and applies to no more than 138 Bank employees. 

The Bank estimates the total costs associated with changing the terms of employment of Bank employees as part of the collective redundancies at approximately PLN 22 million gross, and an appropriate provision will be created in the Bank's accounts for this amount. 

Legal basis: Art. 17 of (1) MAR – inside information