Corporate governance statement

In 2019, the Bank and its authorities complied with the principles of corporate governance defined in “Best Practice of GPW Listed Companies 2016” (“Best Practice”). By resolution of the Supervisory Board of the Bank of 29 December 2014, the Bank has also adopted the Corporate Governance Rules for Supervised Institutions, published on KNF’s website: (“Governance Rules”), which has been affirmed in Resolution 25/2015 of the Annual General Meeting of the Bank of 25 May 2015 with the proviso that if there is a conflict between the KNF’s Rules and Good Practices, the later shall prevail.