Report No. 25/2024

Legal basis:

Paragraph 5.5 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

The report:

The Management Board of PKO Bank Polski S.A. (the “Bank”) informs that the Supervisory Board, as a part of an open selection procedure, appointed from 1 August 2024 Mr.  Michał  Sobolewski to the Bank’s Management Board as its Vice President.

Aforementioned member of the Bank's Management Board was appointed for a current, common 3-years term of office beginning on 26 March 2024.

Information on the newly appointed member of the Bank's Management Board:

Michał Sobolewski

Manager with 22 years of experience in financial institutions, both in banks and leasing companies. Since October 2018, he has been working in CA Auto Bank branch in Poland (formerly FCA Bank), where he held the position of Sales and Marketing Director. During this time, he was responsible for launching the CA Auto Bank's subsidiaries on the Polish market: Leasys and Drivalia Lease, implementation of a new innovative e-commerce sales channel, multiple strategic partnerships and the bank's rebranding, which took place in April 2023.

Prior to that, he worked for 11 years in the sales department at Banque PSA and PSA Finance.

Since December 2022, he has been a member of the Management Board of Drivalia Lease, where he supervised the following areas: marketing and sales, operational leasing services, leasing policy.

He graduated from the Lazarski University of Commerce and Law in Warsaw at the Faculty of Foreign Trade and World Economy, in Economics in 2004.

According to the submitted statement a newly appointed Management Board’s member, from the day of taking the position will not carry out any activities in competition with the Bank, in particular having the status of a partner in a civil law partnership or partnership or company which is in competition with the Bank, holding the position of a member of a body of any other legal entity which is in competition with the Bank or carrying out business activities on his own in competition with the Bank. The newly appointed Management Board’s member is not registered in the Register of Insolvent Debtors, maintained on the basis of the Act of 20 August 1997 on the National Court Register.