Report No. 17/2021

Legal basis:

Paragraph 5.4 of the Regulation of the Minister of Finance on 29 March 2018 on the current and periodic information published by issuers of securities and the conditions for considering as equivalent the information required by law of a non-member state

Content of the report:

The Management Board of PKO Bank Polski (the "Bank") informs that on 11 May 2021 Mr. Zbigniew Jagiełło resigned with the effect at a future date, i.e. at the end of the day of closing the Annual General Meeting of the Bank convened for 7 June 2021 from the function of the President of the Bank's Management Board as well as from the membership in the Bank's Management Board.

The resignation with the effect at a future date shall, in line with best practices, assure continuity of decision making, and enable the Supervisory Board of the Bank to make an appointment of a candidate for the position of the President of the Management Board, CEO of the Bank.

The resignation did not contain the reasons for its submission.