The Management Board’s information regarding the audit firm auditing the  consolidated financial statements of the PKO Bank Polski S.A. Group. for the year ended December 31, 2023 and the financial statements of PKO Bank Polski S.A. for the  year ended December 31, 2023

 

 

prepared in accordance with § 70 section 1 point 7 and § 71 section 1 point 7 of the Regulation of the Minister of Finance of March 29, 2018 on current and periodic information submitted by issuers of securities and the conditions for recognizing as equivalent information required by the laws of a non-member state

 

 

Based on the Supervisory Board’s declaration, the Management Board states that the appointment of the PwC audit firm to audit the Group’s consolidated financial statements for the year ended December 31, 2023 and the Bank’s financial statements for the year ended December 31, 2023 (Audit) was made in accordance with the provisions of the law and the internal rules of the Bank accepted by the Supervisory Board on the appointment of the audit firm, which were in force as at the date on which the choice was made.

At the same time, based on the Supervisory Board’s declaration, the Management Board states that:

1)     the PwC audit firm and the members of the team conducting the Audit satisfied the conditions for  preparing an impartial and independent Audit report, in accordance with the generally applicable provisions of the law, standards of practicing the profession and principles of professional ethics;

2)     the generally binding provisions of the law related to the rotation of audit firms and the key registered auditor auditing the consolidated financial statements of PKO Bank Polski S.A. Group’s and the financial statements of PKO Bank Polski S.A. and the related mandatory waiting periods are observed at the  Bank;

3)     PKO Bank Polski S.A has the policy on the selection of audit firms for auditing the financial statements of PKO Bank Polski S.A. and the PKO Bank Polski S.A Group, and the procedure for the selection of audit firms for auditing the financial statements of PKO Bank Polski S.A. and the PKO Bank Polski S.A Group as well as a policy on the provision of admissible non-audit services by the audit firm conducting the audit, affiliates of that audit firm and a member of the network of audit firms, to PKO Bank Polski S.A. and companies of the PKO Bank Polski S.A. Group, including services that are conditionally released from the prohibition of provision of services by the audit firm..

 

Management Board of PKO Bank Polski S.A.

Warsaw, March, 6 2024