Company Announcements

UNOFFICIAL TRANSLATION

03.08.2021 - Report 30/2021: Appointment of the Vice President of the Management Board of the Bank

Bank Polska Kasa Opieki Spółka Akcyjna (the "Bank") hereby informs that on 3 August 2021 the Supervisory Board of the Bank, after assessing suitability, appointed Mr. Paweł Strączyński to the Management Board of the Bank for the current joint term of office as the Vice President of the Management Board of the Bank with the effect from 5 August 2021.

According to the submitted statement Mr. Paweł Strączyński does not conduct any business competitive to that of the Bank and he is not involved in a competitive business as a shareholder or partner in a civil law company, a partnership or a corporation or a member of a corporate body of a competitive corporation or legal person. Mr. Paweł Strączyński is not registered in the Register of Insolvent Debtors kept pursuant to the provisions of the KRS (National Court Register) Act of 20 August 1997.

The curriculum vitae of Mr. Paweł Strączyński, containing information specified in § 10 point 4 of the Ordinance 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 the state not being a member state, constitutes an attachment to this current report.

Legal basis: § 5 point 5 of the Finance Minister's Ordinance of 29 March 2018 re. current and periodic reports published by the issuers of securities and the rules under which the information required by the laws of non-member states shall be deemed equivalent

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Curriculum Vitae

Mr. Paweł Strączyński has a university degree from the Wrocław University of Economics, the Faculty of National Economy, field of study: finance and banking and Master of Business Administration - Executive MBA degree.

From April 2021 Mr. Paweł Strączyński has held position of the President of the Management Board of TAURON S.A. (resignation effective as at the end of 4 August 2021). He was also Member of the Management Board of PKEE - Polish Electricity Associotion. From February 2020 until the end of March 2021, Mr. Paweł Strączyński had held position of the Vice President of the Management Board for Finance at PGE Polska Grupa Energetyczna S.A. From November 2018 until February 2020, he had been the Vice President of the Management Board of Zespół Elektrociepłowni Wrocławskich KOGENERACJA S.A. (a subsidiary of the PGE Energia Ciepła S.A. group). From April 2018 until January 2019, he had held the position of the Vice President of the Management Board of ZOWER Sp. z o.o. (a subsidiary of the PGE Energia Ciepła S.A. group). From February 2017 until April 2018, he had been a Member of the Management Board of PGNiG Termika Energetyka Przemysłowa S.A., and from May 2016 until September 2017, he had held the position of a Member of the Management Board of Przedsiębiorstwo Energetyki Cieplnej S.A. in Jastrzębie-Zdrój. From July 2014 until May 2016, he had been a Member of the Management Board for Finance at Polska Grupa Biogazowa S.A. From February 2010 until December 2012, he had held the position of a Member of the Management Board, the Administrative and Financial Director at PROTEKTOR S.A. In the years 2005-2010, he had held the position of the Financial Director and the Proxy at the Steinpol Group, and from December 2002 until July 2005, he had been the Chief Accountant at ASP Polska sp.z o.o.