UNOFFICIAL TRANSLATION

Bank Polska Kasa Opieki Spółka Akcyjna („Bank”) hereby informs that on 9 April 2025 the Supervisory Board of the Bank in an selection process and after assessing suitability, effective from 1 September 2025 in the Bank's Management Board of the current joint term of office Mr. Michał Panowicz for the position of Vice President of the Management Board of the Bank.

In accordance with the submitted declaration, Mr. Michał Panowicz, from the date of taking up the function, conducts any activity competitive to the Bank, in particular is not going to 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. Michał Panowicz is not entered in the Register of Insolvent Debtors kept pursuant to the Act of 20 August 1997 on the National Court Register.

CV of the Mr. Michał Panowicz containing the information specified in § 10 point 4 of the Regulation of the Minister of Finance of 29 March 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.

Legal base: 
§ 5 point 5 of the Regulation of the Minister of Finance on 29 March 2018 on the current and periodic information published by issuers of securities and the conditions for considering as equivalent the information required by law of a non-member state (Journal of Laws 2018 item 757 with subsequent changes).