Powszechna Kasa Oszczednosci Bk Plski : Current Report No. 39/2016 - Information on the member of PKO ...

Legal grounds:

Paragraph 5.1.22 of the Regulation of the Minister of Finance dated 19 February 2009 on current and periodic information published by issuers of securities and on the conditions under which such information may be recognized as being equivalent to information required by the regulations of law of a state which is not a member state (the 'Regulation')

The report:

In addition to the Current Report No. 36/2016 dated 30 June 2016, the Management Board of PKO Bank Polski S.A. (the 'Bank') hereby provides below information on the member of the Management Board appointed by the Supervisory Board of the Bank on 30 June 2016.

Maks Kraczkowski

In 2000, Mr. Max Kraczkowski (37) graduated from the Faculty of Law and Administration, University of Warsaw with the Master's degree in law with very good score.

Member of Parliament of the Republic of Poland in V, VI, VII, VIII Terms of Office: Deputy Chairman of the Sejm Committee on Economy and Development - from 2015, Chairman of the Economy Committee of the Sejm - between 2005 and 2007, Member of the Legislative Committee of the Sejm of the Republic of Poland, Chairman of permanent Subcommittee of the Constitutional Court.

He has gained proficient expertise in economic issues nationally and internationally, including relationships with businessmen.

He is also equipped with a long-term experience in law-making. In his four terms of office at the Sejm of the Republic of Poland he prioritised affairs of the economy and the financial market as his core mission.

In 2007-2009 he was a lecturer at the Academy of International Relations and American Studies.

In 2002-2005 he was a local councillor of the Capital City of Warsaw, where he chaired the Audit Committee of the Warsaw City Council, while also sitting on the Committee on Culture. In 2000-2005, he ran a business.