Current Report no. 5 (2011) - correction
Correction of the current report dated 24 March 2011 re. convening the Annual General Meeting of Bank Zachodni WBK Shareholders and passing the draft resolutions.
The Management Board of Bank Zachodni WBK hereby informs that the English version of current report no. 5/2011 dated 24 March 2011 included by mistake an erroneous content of § 6 it. 2 point ii) and § 7 it. 2 point ii) of the draft resolution of the Annual General Meeting of Bank Zachodni WBK Shareholders re. the adoption of the Incentive Scheme IV. The following correction is hereby made:
in § 6 it. 2 point ii) instead:
“ii) 25% of the Maximum Annual Award if the PBT annual growth rate for the Company in individual years of the Incentive Scheme IV life is equal to:
a) [ 8]% in 2011,
b) [17 ]% in 2012,
c) [ 17]% in 2013,
against the previous exercise.”
the point shall read:
“ii) 25% of the Maximum Annual Award if the PBT annual growth rate for the Company in individual years of the Incentive Scheme IV life is equal to:
a) 8% in 2011,
b) 15 % in 2012,
c) 15 % in 2013,
against the previous exercise.”
in § 7 it. 2 point ii) instead:
“ii) 25% of the Maximum Total Award if the compound annual growth rate in PBT for the Company in individual years is not lower than [ 13.9]%:”
the point shall read:
“ii) 25% of the Maximum Total Award if the compound annual growth rate in PBT for the Company in individual years is not lower than 12.6 %:”
The Polish version of the report is correct.
The correct wording of the resolution of Annual General Meeting of Bank Zachodni WBK Shareholders re. the adoption of the Incentive Scheme IV is appended.
Legal basis:
§ 6 it. 2 of the Finance Minister’s Ordinance of 19 February 2009 re. current and periodic reports published by the issuers of securities and the rules of equal treatment of the information required under the laws of non-member states.