Candidate to the Supervisory Board of Bank Pekao

UNOFFICIAL TRANSLATION

13.05.2020 - Report 25/2020: Candidate to the Supervisory Board of Bank Pekao S.A.

Legal basis:

Article 56 Section 1 point 2 of the Offering Act - current and periodic information

Content of the report:

Bank Polska Kasa Opieki Spółka Akcyjna (the "Bank") hereby informs that in connection with the Ordinary General Meeting of the Bank convened for 22 May 2020, the Bank's shareholder - Aviva Otwarty Fundusz Emerytalny Aviva Santander, represented by Aviva Powszechne Towarzystwo Emerytalne Aviva Santander S.A., submitted a candidacy of Mr. Andrzej Konopacki for a member of the Supervisory Board of the Bank.

The CV of the above candidate is attached to this current report.

In accordance with the provisions of law, appointment of candidates as members of the Supervisory Board of the Bank will be possible after performance of suitability assessment.

Legal basis: § 19 Section 1 point 2 of the Finance Minister's Ordinance of 29 March 2018 re. current and periodic reports published by the issuers of securities and the rules under which the information required by the laws of non-member states shall be deemed equivalent

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Andrzej Konopacki

Job profile

Member of the Supervisory Board, Chairman of the Audit Committee, Member of the Remuneration and Recommendation Committee.

Education and professional qualifications

• Master of Economics, University of Warsaw in Warsaw, Department of Economic Sciences

• Statutory auditor - entry no. 1750

• ACCA Diploma in Financial Reporting

Employment

2017 - currently Amica SA: Member of the Supervisory Board, Chairman of the Audit Committee, Member of the Remuneration and Recommendation Committee

1994 - 2016 PwC: director in the audit department, Member of the Management Board

1991 - 1994 Coopers & Lybrand: manager in the audit department

Experience and achievements

In the audit work:

• Key statutory auditor responsible for project management, mainly for entities operating in the financial sector (example clients - investment fund management companies, pension fund societies and funds: Allianz, Aviva, BlackRock, PKO, Pekao, PZU, Skarbiec, leasing: BRE Leasing, PKO Leasing, Volvo Financial Services, real estate: Ghelamco, Pekao, Pirelli, Qualia, insurance: AIG, Compensa, Generali, Prudential, Signal Iduna, Uniqa, Warta)

• Project management in the field of auditing and accounting consultancy, implementation of International Financial Reporting Standards and internal audit systems, cooperation with internal audit as part of audit projects

• Building and maintaining relations with top management, board members, supervisory boards, including audit committees, representing the auditor at general shareholders' meetings

• Conducting training in the field of International Financial Reporting Standards, regulations and best practices in financial and regulatory reporting

At work for the self-government of statutory auditors:

• Chairman of the National Supervisory Commission for the 2011-2015 term, appointed for the control of audit companies in the field of quality of audits performed, with particular emphasis on statutory audits in public trust entities

• Cooperation with the Audit Oversight Commission, the Ministry of Finance in contact with the Polish Financial Supervision Authority and the Stock Exchange

• Conducting trainings and lectures for statutory auditors in the scope of quality of audit services and quality control of audit services performed

Legislative proposals:

• Participation in the creation of the first Polish law on accounting and ordinances on specific accounting principles for financial sector entities

• Participation in the creation and legislative process of the Act on Statutory Auditors, Audit Firms and Their Self-Government adopted in 2009 (representation of self-government of auditors before parliamentary committees)

Publications

• Training manuals for statutory auditors:

• "Audit of financial statements in times of financial crisis"

• "Audit risk in auditing financial statements"

• Articles in the specialized press on audit topics