Resignation of members of the Supervisory Board

UNOFFICIAL TRANSLATION

Report 2/2017: Resignation of members of the Supervisory Board of Bank Pekao S.A.

The Management Board of Bank Polska Kasa Opieki Spółka Akcyjna ("Bank") informs about resignations of Gianni Papa, Massimiliano Fossati, Laura Stefania Penna i Doris Tomanek from the positions of members of the Supervisory Board of the Bank subject to the condition and with effect as of the date of: (i) the indirect sale by UniCredit S.p.A. ("UniCredit") of 52,494,007 (fifty-two million four hundred and ninety-four thousand and seven) shares in the Bank to Powszechny Zakład Ubezpieczeń S.A. and (ii) the direct sale by UniCredit of 26,247,003 (twenty-six million, two hundred and forty-seven thousand and three) shares in the Bank to Polski Fundusz Rozwoju S.A.

Legal basis: § 5 sec. 1 p. 21 of the Ordinance of the Minister of Finance of 19 February 2009 on current and periodic information published by issuers of securities and the conditions for regarding information required by the law of a non-member state as equivalent.