Report No. 6/2018

Legal basis:

Article 17.1 MAR Regulation

Contents of the Report:

In connection with the announcement of the Polish Financial Supervision Authority ("PFSA") (published on 14 March 2018) regarding the position of the PFSA on the criteria of the medium term dividend policy of the commercial banks, the Management Board of PKO Bank Polski S.A. ("Bank") informs that the Bank maintains its position on the dividend payment described in The PKO Bank Polski SA Group Directors’ Report for the year 2017 published on 12 March 2018.

The Bank informs that according to the data as at 31 December 2017 it met all the criteria (defined by the PFSA) allowing the dividends payment up to 75% of the net profit for 2017.

After the adjustments of the dividend payout ratio by Criteria 1 and 2 (defined by the PFSA), according to the data as at 31 December 2017, the Bank fulfills the requirements to pay dividend up to 25% of the net profit for 2017.