Report No. 8/2025

Legal basis:

Article 17.1 MAR Regulation

The Report:

The Management Board of PKO Bank Polski S.A. („the Bank”) informs that on 13 March 2025 it received the recommendation from the Polish Financial Supervision Authority („PFSA”) in which the PFSA confirmed that the Bank fulfils the criteria for the payment of dividend up to 75% of the profit for 2024, whereby the maximum amount of payment may not exceed the amount of the annual profit less the profit generated in 2024 already counted as own funds.

The Bank has included in its own funds the net profit, achieved in the first half of 2024, in the amount of PLN 1,549,571,366 at standalone level and PLN 1,299,076,120 at consolidated level. Net profit at the standalone level for 2024 amounted to PLN 9,150 million, and at the consolidated level to PLN 9,304 million.

PFSA also recommends that the Bank should limit the risk occurring in its activity by not conducting any other activities, in particular those beyond the scope of current business and operating activities, which may result in a reduction of own funds, including possible dividend payments from undistributed profits from previous years and buybacks or buyouts of own shares, without prior consultation with the supervisory authority.