Report No. 13/2025
Legal basis:
Article 17.1 MAR Regulation
the Report:
The Management Board of PKO Bank Polski S.A. ("the Bank") informs that it has decided to submit to the Bank's Annual General Meeting a recommendation for the distribution of the net profit achieved in 2024 in the amount of PLN 9,149,777,622.72, out of which the amount of PLN 6,850,000,000 is allocated for distribution to shareholders (74.87% of the net profit from 2024).
The Bank’s Management Board recommends a decision to pay a dividend from the net profit for 2024 in the amount of PLN 5.48 per share. It is proposed that the dividend date will be 5 August 2025 and the dividend payment date will be 14 August 2025.
The remaining part of the profit achieved in 2024 in the amount of PLN 2,299,777,622.72 is recommended to be allocated to the reserve capital for the payment of dividends, including interim dividends in accordance with § 30 of the Bank's Articles of Association, which would provide for a possible decision of the Bank's Management Board to pay profit to shareholders as an interim dividend and to use the reserve capital for this purpose, subject to the authorization to use this capital granted by the Bank’s Annual General Meeting. Any decision of the Bank's Management Board to make an interim dividend payment also requires the approval of the Bank's Supervisory Board. Furthermore the payment of the interim dividend will depend on the Bank's positive position of the Polish Financial Supervision Authority (“PFSA”) and the current economic and market situation.
In addition, the Bank's Management Board recommends that the undistributed profit from previous years in the amount of PLN 9,437,974,386.73 remains undistributed profit.
By taking the aforementioned decision, the Bank's Management Board took into account the recommendations of the PFSA, of which the Bank informed in the report No. 8/2025.
Bank’s Supervisory Board adopted a resolution and gave positive opinion on recommended distribution of the profit earned by the Bank in 2024 and on leaving the undistributed profit from previous years still undistributed.