Subject: Delegation of a Member of the Supervisory Board to temporarily perform the duties of the Member of the Management Board of PKO Bank Hipoteczny S.A.
Legal basis: Art. 56 par. 1 pt. 2 of the Act on Public Offering – current and periodic information
Content:
According to the paragraph 5.5 of the Regulation of the Minister of Finance dated
29 March 2018 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 Management Board of PKO Bank Hipoteczny S.A. (“Bank”) hereby informs that on August 2, 2022, the Supervisory Board of the Bank has delegated Mr. Jakub Niesłuchowski, Member of the Supervisory Board of the Bank to temporarily perform the duties of the Management Board Member with the powers provided to the President of the Management Board.
The above described delegation is temporary, from August 2,2022 until the date of appointment of a Member of the Management Board of the Bank in charge of the work of the Management Board, but no longer than until November 1, 2022.
Information about the delegated Member of the Supervisory Board:
Jakub Niesłuchowski
He is within PKO Group since April 2015, where he as Deputy CEO and CFO in PKO Bank Hipoteczny was responsible for i.a. covered bond issuance. At that time PKO Bank Hipoteczny S.A. became the biggest covered bond issuer at the local market and carried out the biggest covered bond issuances out of Poland at the foreign market. Since March 2019 he is Managing Director of Finance Division in PKO Bank Polski where he is responsible for strategic asset and liability management, controlling and financial supervision over PKO Group entities. Since April 2022 he is Supervisory Board Member of PKO Bank Hipoteczny S.A.
Previously Jakub Niesłuchowski worked at PwC, where he advised financial institutions in Poland and abroad i.a. in the area of risk management, capital adequacy, performance measurement and establishment mortgage banks including PKO Bank Hipoteczny.
Currently he is also Supervisory Board Member of Bank Pocztowy S.A.
Jakub Niesłuchowski is a graduate of the Warsaw School of Economics with a degree in finance and banking. He is also a Chartered Financial Analyst (CFA) and a certified Financial Risk Manager (FRM). He is also graduate of Advanced Management Program (AMP) in IESE Business School, University of Navarra.
Mr Jakub Niesłuchowski declared that:
- he conducts business competitive to the business of the Bank, as he is Supervisory Board Member of Bank Pocztowy S.A.;
- he doesn’t participate in any business competitive in respect of the Bank as a partner in a civil-law partnerships, a partnership or a capital company;
- he is not registered in the National Debt Register.
Date: 02-08-2022; 16:37
SIGNATURES OF COMPANY REPRESENTATIVES
2.08.2022 Piotr Kochanek, Vice President of the Management Board of the Bank
2.08.2022 Ewa Rucińska, Proxy