Shares and shareholders of PKO Bank Polski SA

To the best knowledge of PKO Bank Polski SA, as at 31 December 2014 there were three shareholders that hold, directly or indirectly, significant block of shares (at least 5%): the State Treasury, Aviva Otwarty Fundusz Emerytalny and Nationale- Nederlanden Otwarty Fundusz Emerytalny holding respectively: 367 918 980, 83 952 447 (as at 29 January 2013, reported by Aviva OFE after exceeding the threshold of 5% share in shareholding structure) and 64 594 448 (as at 24 July 2012, reported by ING OFE (currently Nationale-Nederlanden OFE) after exceeding the threshold of 5% share in shareholding structure) of PKO Bank Polski SA’s shares.

The percentage share of the State Treasury, Aviva Otwarty Fundusz Emerytalny and Nationale-Nederlanden Otwarty Fundusz Emerytalny in the share capital of PKO Bank Polski SA as at 31 December 2014 and to the best knowledge of the Bank amounted to 29.43%, 6.72% and 5.17% respectively and matched the percentage share in the total number of votes at the General Shareholders’ Meeting of PKO Bank Polski SA.

There are no special control rights resulting from PKO Bank Polski SA shares for their holders.