Dismissal the shareholder's appeal

UNOFFICIAL TRANSLATION

Report 11/2017: Dismissal the shareholder's appeal in the case to overrule the resolution No 11 of the Ordinary Shareholders Meeting of the Bank dated April 26, 2007

Management Board of Bank Polska Kasa Opieki S.A. ("Bank") hereby informs that by the verdict of 5 April 2017, the Appeal Court in Warsaw dismissed the appeal of the Bank's shareholder against the verdict of 25 November 2014 dismissing the shareholder's claim to overrule the resolution No 11 of the Bank's Ordinary General Meeting dated April 26, 2007 on granting the vote of approval for Member of the Bank's Management Board for 2006.

The aforementioned verdict is legally valid.

Legal basis: § 38 section 1 point 10 of the Finance Minister's Ordinance of 19 February 2009 re. current and periodic reports published by the issuers of securities and the rules of equal treatment of the information required by the laws of non-member states.