KNF consent to the appointment of Grzegorz Jurczyk as the President of the Management Board of Bank BPH - fulfilment of one of conditions related to appointment of new President of the Management Board of Bank BPH

11 October 2016

In reference to the Announcement No. 33/2016 dated 16 August 2016 Bank BPH S.A. (the 'Bank') announces that on 11 October 2016 the Polish Financial Supervision Authority (the 'KNF') issued - pursuant to Article 22b of the Polish Banking Law - consent to the appointment of Grzegorz Jurczyk as the President of the Management Board of Bank BPH. Thus it fulfilled one of conditions for the appointment of Grzegorz Jurczyk as the President of the Management Board of the Bank and one of conditions for the resignation of Richard Gaskin the current President of the Management Board of the Bank.

Moreover, the Bank informs that both the appointment of Grzegorz Jurczyk and the resignation of Richard Gaskin remain conditional and will become effective upon the fulfillment of all conditions described in the Announcement No. 33/2016 dated 16 August 2016.

Bank BPH SA published this content on 11 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 October 2016 07:25:08 UTC.

Original documenthttp://www.bph.pl/pl/investor_relations/announcements/2016/announcement_43_2016

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