Report No. 35/2015

Legal basis:

Paragraph 38.1.4 of the Ordinance of the Minister of Finance of 19 February 2009 on current and periodic information published by issuers of securities and on conditions under which such information may be recognised as being equivalent to information required by the regulations of law of a state which is not a member state

The report:

The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna (“Bank”) informs that the Bank received a request from the State Treasury of the Republic of Poland (“State Treasury”), as a shareholder representing more then 5% of the Bank’s share capital, to extend the agenda of the Bank’s Annual General Meeting convened for 25 June 2015, submitted pursuant to art. 401 § 1 of the Commercial Companies Code to include an item related to resolutions on changes in the composition of the Bank’s Supervisory Board.

Accordingly, the Bank publishes the amended agenda:

1) opening the Annual General Meeting,

2) electing the Chairman of the Annual General Meeting,

3) acknowledging the correct convention of the Annual General Meeting and its authority to adopt binding resolutions,

4) adopting an agenda,

5) considering the PKO Bank Polski S.A. Directors’ Report for the year 2014, considering financial statements of PKO Bank Polski S.A. for the year ended 31 December 2014 and a motion of the Management Board regarding the distribution of the profit earned by PKO Bank Polski S.A. in 2014 and of  unappropriated profit  of previous years,

6) considering the PKO Bank Polski S.A. Group  Directors’ Report for the year 2014 and considering consolidated financial statements of the PKO Bank Polski S.A. Group for the year ended 31 December 2014,

7) considering the Supervisory Board report of Powszechna Kasa Oszczędności Bank Polski Spółki Akcyjna concluding an assessment of: the financial statements of PKO Bank Polski S.A. for the year ended 31 December 2014, the  PKO Bank Polski S.A. Directors’ Report for the year 2014, the motion of the Management Board regarding the distribution of the profit earned by PKO Bank Polski S.A. in 2014 and unappropriated profit of previous years, and a Supervisory Board’s report on its activities as a governing body in 2014,

8) adopting resolutions on the following matters:

a) approving the PKO Bank Polski S.A. Directors’ Report for the year 2014,

b) approving the financial statements of PKO Bank Polski S.A. for the year ended 31 December 2014,

c) approving the PKO Bank Polski S.A. Group Directors’ Report for the year 2014,

d) approving the consolidated financial statements of PKO Bank Polski S.A. Group for the year ended 31 December 2014,

e) approving the report of the Supervisory Board of Powszechna Kasa Oszczędności Bank Polski Spółki Akcyjna for 2014,

f) distribution of the profit earned by PKO Bank Polski S.A. in 2014 and unappropriated profit of previous years,

g) granting the vote of acceptance to the performance of duties by members of the Management Board for 2014,

h) granting the vote of acceptance to the performance of duties by members of the Supervisory Board for 2014,

i) granting the vote of acceptance to the performance of duties by members of the management board of taken over company Nordea Bank Polska S.A. for 2014,

j) granting the vote of acceptance to the performance of duties by members of the supervisory board of taken over company Nordea Bank Polska S.A. for 2014,

9) adopting resolutions on changes in the composition of the Supervisory Board,

10) adopting a resolution regarding adoption for use of the ‘Principles of corporate governance for supervised institutions’,

11) adopting a resolution on amendments to the Articles of Association of Powszechna Kasa Oszczędności Bank Polski S.A.,

12) adopting a resolution on approval of amendments to the Rules and Regulations of the Supervisory Board,

13) closing the meeting.

Together with its request the State Treasury submitted the relevant drafts of resolutions of the Annual General Meeting which constitute the annex to this report.