Issue of subordinated bonds OP0827

The subordinated bonds OP0328 of PKO Bank Polski SA were issued on the following terms:

• amount of the issue: PLN 1,000,000,000;
• currency of the issue: PLN;
• date of issue: 5 March 2018;
• maturity: 6 March 2028, with one-time option to redeem the bonds by the issuer on 6 March 2023;
• the proceeds from the issue will be designated for the increase of supplementary funds of PKO Bank Polski pursuant to Article 127 par. 2 pt. 2 of the Banking Act of 29 August 1997, and Article 63 of the Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013
• interest: variable rate of WIBOR 6M+ increased by a margin of 150 bps p.a.;
• interest periods: six months;
• nominal value of one bond: PLN 500,000;
• type of issue: non-public issue; KDPW settlement;
• ISIN code: PLPKO0000107

Detailed information about the Issue was presented by the Bank's management board in current report No. 35/2017 dated 23 August 2017.

On 30 August 2017 the Issuer obtained the consent of the Polish Financial Supervision Authority to use the proceeds obtained from the issue of subordinated bonds Series OP0827 to Tier II funds. The detailed information is given in the current report No 36/2017 dated 30 August 2017.