Report No. 40/2015

Legal basis:

Paragraph 38.1.5 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 PKO Bank Polski S.A. (“Bank”) informs that the Bank received from the State Treasury of the Republic of Poland represented by the Ministry of State Treasury (“State Treasury”), as a shareholder representing more than 5% of the Bank’s share capital,  draft of resolutions to the agenda of the Bank’s Annual General Meeting convened for 25 June 2015, submitted pursuant to art. 401 § 4 of the Commercial Companies Code, related to the following points of the agenda:

1. to the point No. 10  concerning adoption a resolution regarding adoption for use of the ‘Principles of corporate governance for supervised institutions’
2. to the point No. 11  concerning adoption a resolution regarding amendments to the Articles of Association of Powszechna Kasa Oszczędności Bank Polski S.A. (the shareholder delivered the draft of a resolution and a self – correction to the resolution delivered by the State Treasury on 3 June 2015 - adding in §1 point 5 of draft of a resolution, in third sentence of the proposed wording of the Articles of Association in sub-§ 23.3  after the word „duties ” the word „of the President”).

Draft resolutions of the Annual General Meeting with their rationales, submitted by the State Treasury as a shareholder, constitutes the annex to this report.