Legal basis: § 45.1.1 of the Ordinance of the Council of Ministers of 21st March, 2005 on current and periodical information provided by the issuers of securities Contents of the report: Acting under Art. 399.1 of the Commercial Companies Code the Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna has convened the Ordinary General Meeting of Shareholders as at 19th May, 2005, 11 a.m., in Warsaw at ul. Puławska 15. Agenda:
- opening of the Ordinary General Meeting of Shareholders,
- electing the Chairman of the Ordinary General Meeting of Shareholders,
- declaring that the Ordinary General Meeting of Shareholders was duly convened and is capable of adopting valid resolutions,
- adopting the agenda,
- passing a resolution on adoption of the By-Laws of the General Meeting of Shareholders,
- considering the report of the Management Board on the activities of the Bank in the year 2004, including information on the activities of the Management Board of the Bank as the governing body as well as considering the financial statements of the Bank for the year 2004 and the motion of the Management Board of the Bank on the distribution of the profit earned by the Bank in the year 2004 and the undistributed profit from the preceding years;
- considering the report of the Supervisory Board on the activities of the Bank in the year 2004, including the results of evaluation of: the report of the Management Board on the activities of the Bank in the year 2004, the financial statements of the Bank for the year 2004 and the motion of the Management Board of the Bank on the distribution of the profit earned by the Bank in the year 2004 and the undistributed profit from the preceding years and the report on the activities of the Supervisory Board as the governing body ;
- adopting resolutions on:
- approving the report of the Management Board on the activities of the Bank in the year 2004,
- approving the financial statements of the Bank for the year 2004,
- approving the report of the Supervisory Board on the activities of the Bank in the year 2004,
- the distribution of the profit earned by the Bank in the year 2004 and the undistributed profit from the preceding years,
- the payment of dividend for the year 2004,
- the recognition of the due performance of duties vested in the members of the Management Board in the year 2004,
- granting the annual bonus to the Chairman of the Management Board of the Bank for the year 2004,
- the recognition of the due performance of duties vested in the members of the Supervisory Board in the year 2004,
- increasing the reserve capital by transfers from the fixed assets revaluation reserve,
- separation from the reserve capital of the Bank of funds to increase the fund for brokerage activity.
- considering the report on the activities of the PKO BP SA Capital Group in the year 2004 and the consolidated financial statements of the PKO BP SA Capital Group for the year 2004 and adopting the resolutions on:
- approving the report on the activities of the PKO BP SA Capital Group in the year 2004,
- consolidated financial statements of the PKO BP SA Capital Group for the year 2004,
- adopting a resolution on the drawing up of the financial statements of the Bank in accordance with the International Accounting Standards,
- adopting resolutions on amendments to the Articles of the Bank’s Corporate Charter,
- adopting resolutions on the composition of the Supervisory Board,
- adopting a resolution on the principles of remunerating the members of the Supervisory Board,
- closing the General Meeting.
The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna informs that the owners of the bearer shares may participate in the General Meeting provided that not later than one week prior to the date of the General Meeting i.e. 12th May, 2005 they will have deposited at the seat of the Bank the bearer share certificates issued by the entities maintaining securities accounts and will not collect them until the General Meeting is closed. The holders of the registered shares, the pledgees and the users enjoying voting rights may participate in the General Meeting provided they will have been entered in the share register not later than one week prior to the date of the General Meeting i.e. 12th May, 2005. The registered share certificates may be deposited between 5th and 12th May, 2005, from 9 a.m. to 3 p.m. The list of the shareholders entitled to participate in the General Meeting will be displayed at the seat of the Bank at ul. ul. Puławska 15, 02-515 Warszawa, on the ground floor, from 9 a.m. to 3 p.m., 3 business days prior to the date of the General Meeting i.e. between 16th and 18th May, 2005. The shareholders may participate in the General Meeting personally or by proxy. The proxy shall be granted in writing, otherwise being null and void and shall be attached to the minutes of the General Meeting. The signature on the proxy granted by a shareholder being a natural person should be certified by a notary public. The persons acting for the shareholders being legal persons should present the current extracts from the relevant registers (the originals or true copies certified by a notary public), naming the persons authorised to represent those entities. The persons entitled to participate in the General Meeting are requested to register and collect the voting slips in front of the meeting hall 2 hours prior to the opening of the General Meeting.