Approval to appoint Mr. Leszek Skiba as President

UNOFFICIAL TRANSLATION

04.02.2021 - Report 5/2021: Approval of the Polish Financial Supervision Authority to appoint Mr. Leszek Skiba as the President of the Management Board of Bank Polska Kasa Opieki Spółka Akcyjna

Bank Polska Kasa Opieki Spółka Akcyjna ("Bank") hereby informs that, on 4 February 2021, the Polish Financial Supervision Authority unanimously expressed consent to the appointment of Mr. Leszek Skiba as the President of the Management Board of the Bank.

On 21 April 2020, the Supervisory Board of the Bank appointed Mr. Leszek Skiba as the President of the Management Board of the Bank, subject to the consent of the Polish Financial Supervision Authority and upon obtaining such consent. Until that consent was obtained, Mr. Leszek Skiba was the Vice President of the Management Board of the Bank managing the work of the Management Board of the Bank. Obtaining the said consent results in fulfillment of the condition of becoming the President of the Management Board of the Bank.

Information about the education, professional career, not performing competitive activities and not entering Mr. Leszek Skiba into the Register of Insolvent Debtors has been presented in the in Current Report No 20/2020 dated 22 April 2020.

Legal basis: § 5 point 5 of the Finance Minister's Ordinance of 29 March 2018 regarding current and periodic information provided by the issuers of securities and conditions of recognizing as equivalent information required by the laws of the state not being a member state.