The Management Board’s information regarding the audit firm auditing the consolidated financial statements of the PKO Bank Polski S.A. Group for the year ended 31 December 2024 and the financial statements of PKO Bank Polski S.A. for the year ended 31 December 2024,

 

prepared in accordance with § 70(1)(7) and § 71(1)(7) of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic information provided by issuers of securities and the conditions for considering equivalent the information required under the legislation of a non-Member State

 

Based on the representation by the Supervisory Board of PKO Bank Polski S.A. (hereinafter: the “Supervisory Board”), the Management Board informs that the appointment of the audit firm KPMG Audyt spółka z ograniczoną odpowiedzialnością sp.k. with its registered office in Warsaw, conducting the audit of the consolidated financial statements of the PKO Bank Polski S.A. Group for the year ended 31 December 2024 and the financial statements of PKO Bank Polski S.A. for the year ended 31 December 2024 (hereinafter: the “Audit”), was made in accordance with the legal provisions in force as of the date of appointment and the internal regulations of PKO Bank Polski S.A. regarding the appointment of the audit firm, as adopted by the Supervisory Board.

At the same time, based on the representation by the Supervisory Board, the Management Board informs that:

1)        the audit firm KPMG Audyt spółka z ograniczoną odpowiedzialnością sp.k. with its registered office in Warsaw, as well as the members of the team conducting the Audit, met the requirements to prepare an impartial and independent Audit report, in accordance with the applicable legal provisions, professional standards, and professional ethics;

2)        in PKO Bank Polski S.A., the applicable legal provisions related to the rotation of the audit firm and the key auditor conducting the audit of the consolidated financial statements of the PKO Bank Polski S.A. Group and the financial statements of PKO Bank Polski S.A., as well as the mandatory cooling-off periods, are adhered to.

3)        PKO Bank Polski S.A. has in place:

a)        a policy regarding the selection of the audit firm to conduct the audit of the financial statements of PKO Bank Polski S.A. and the PKO Bank Polski S.A. Group;

b)        a procedure regarding the selection of the audit firm to conduct the audit of the financial statements of PKO Bank Polski S.A. and the PKO Bank Polski S.A. Group;

c)        a policy regarding the provision of permitted non-audit services by the audit firm conducting the audit, entities related to that audit firm, and members of the audit firm's network to PKO Bank Polski S.A. and the companies of the PKO Bank Polski S.A. Group, including services conditionally exempt from the ban on provision by the audit firm.

 

Management Board of PKO Bank Polski S.A.

Warsaw, March, 12 2025