UNOFFICIAL TRANSLATION

Amendments of the Statute of Bank Polska Kasa Opieki Spółka Akcyjna

Legal basis:

Article 56 Section 1 point 2 of the Offering Act – current and periodic information

Content of the report:

Bank Polska Kasa Opieki Spółka Akcyjna (the “Bank”) informs that on 20 May 2020 the Bank received a decision of the District Court for the Capital City of Warsaw in Warsaw, XII Commercial Division of the National Court Register on registration on 18 May 2020 in the Register of Entrepreneurs of the National Court Register (NCR) changes in the Bank's Statute, adopted on the basis of resolutions 30, 31 and 32 of the Ordinary General Meeting dated 26 June 2019 (“OGM 2019”).

The Bank moreover informs that, as regards amendments to § 6(1) point 20 of the Bank Statute (adopted by the resolution no 30 of the OGM 2019) and amendments to § 6(1) point 24 of the Bank’s Statute and adding § 6(1) point 40), § 6(1) point 41), § 6(1) point 42), § 6(1) point 43), § 6(1) point 44) to the Bank’s Statute (adopted by the resolution no 31 of the OGM 2019), entry to the NCR business register was made by the District Court for the Capital City of Warsaw in Warsaw, XII Commercial Division of the NCR, despite the continuation of the proceedings before the Polish Financial Supervision Authority regarding the approval to introduce the above amendments to the Bank’s Statute and not in accordance with the documents submitted by the Bank in that court.

Pursuant to Article 694(5) § 2 of the Code of Civil Procedure, the above mentioned court's decision is effective and enforceable upon its issuance. The Bank informs that it intends to take immediately legal steps to remove from the NCR business register the entry of the amendments to the Bank's Statute registered without the approval of the Polish Financial Supervision Authority

Content of the amended or new provisions of the Bank’s Statute is attached to this current report, with a separate specification of the changes registered in accordance with the approval of the Polish Financial Supervision Authority and without such approval.

Legal basis: § 5 point 1 in connection with § 6 of the Regulation of the Minister of Finance of 29 March 2018 regarding current and periodic information provided by issuers of securities and conditions for recognizing as equivalent information required by the laws of a non-member state (Journal of Laws of 2018, item 757).