Legal basis:
§ 19.1.1 and § 19.1.2 of the Ordinance of the Minister of Finance on 29 March 2018 on the current and periodic information published by issuers of securities and on the conditions for recognizing such information as being equivalent to information required by the provisions of law of a non-member state
Content of the report:
Acting pursuant to Article 399 § 1 in conjunction with Article 398 of the Commercial Companies Code, the Management Board of PKO Bank Polski S.A. (“the Bank”) convenes the Extraordinary General Meeting of the Bank (“EGM”) that will be held at St. Puławska 15 in Warsaw on 23 April 2021 at 10:00 am with the following agenda:
1. opening the Extraordinary General Meeting,
2. electing the Chairman of the Extraordinary General Meeting,
3. acknowledging that the Extraordinary General Meeting has been correctly convened and has the authority to adopt binding resolutions,
4. adopting the agenda,
5. adopting the resolution on (i) establishing a special fund to cover the specific balance sheet losses that arise from recognizing the financial effects of the settlements with consumers who concluded loan agreements or mortgage-secured loans indexed to foreign currencies or denominated in foreign currencies with the Bank, and separating part of funds accumulated in the supplementary capital and transferring it to the special fund, (ii) obliging the Bank’s Management Board to submit the terms of settlements, including the terms of debt relief, to the Supervisory Board for approval,
6. adopting the resolution on granting consent to the Bank for the acquisition of its own shares and defining the rules of such acquisition, creating reserve capital (fund) intended for the acquisition of own shares, separating part of funds accumulated in the supplementary capital and transferring it to the reserve capital (fund) intended for the acquisition of own shares,
7. closing the meeting.
The content of the announcement for convening the EGM and the content of the draft resolutions with their justifications are attached to this report.