UNOFFICIAL TRANSLATION

Management Board of Bank Polska Kasa Opieki Spółka Akcyjna (“Bank”) hereby announces that it intends to recommend to the Ordinary General Shareholders Meeting of the Bank the distribution of net profit generated in 2024, as follows:
1)    a reserve capital is created for the purpose of paying dividends, including advances on dividends ("dividend capital"), which the Bank's Management Board will be able to dispose for the purpose of paying advances on dividends, in accordance with article 349 § 2 of the Commercial Companies Code and § 33a(2) of the Bank's Statute,
2)    approximately 50% of the profit is allocated to dividends, approximately 25% of the profit to dividend capital and approximately 25% of the profit to reserve capital,
to ensure the Bank's continued sustainable growth while maintaining an adequate level of own funds, provided that the individual recommendation of the Polish Financial Supervisory Authority (“PFSA”) allows for such a distribution. 

As of the date of the report, the Bank meets the criteria and requirements of the PFSA allowing the payment of up to 75% of the profit for 2024 in the form of a dividend, however, the Bank has not yet received from the PFSA an individual dividend recommendation for 2025 confirming the possibility of paying dividend as such level. 

Pursuant to article 395 § 2 (2) of the Commercial Companies Code, the decision on the distribution of the Bank’s profit is within the competence of the Ordinary General Shareholders Meeting of the Bank.

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