Selection of Auditor

Bank Zachodni WBK S.A. (“the Bank”) herby advises that pursuant to §32 point 10 of the Statutes as well as industry regulations and standards on 22nd March 2016 the Bank’s Supervisory Board passed a resolution whereby PricewaterhouseCoopers Sp. z o.o. was selected to:

• - review the Bank's interim financial statements and interim consolidated financial statements of BZ WBK Group for the first half of 2016,
• - audit the Bank's financial statements and consolidated financial statements of BZ WBK Group for the year 2016.

Information on the selected auditor:

Full name, registered office and address: PricewaterhouseCoopers spółka z ograniczoną odpowiedzialnością based in Warsaw, al. Armii Ludowej 14, 00-638 Warszawa.

Legal basis: the audit firm is listed as no. 144 in the register of entities entitled to audit financial statements.

The Bank contracted PricewaterhouseCoopers Sp. z o.o. and other companies from the PwC network for consulting and tax advisory services. According to the Bank’s opinion, services used do not affect the required level of the auditor’s neutrality and independence.

The Bank will sign agreements with PricewaterhouseCoopers Sp. z o.o for the terms required to carry out the abovementioned tasks.

Legal basis:

§ 5 clause 1 point 19 of the Ministry of Finance Ordinance dated February 19, 2009 re. current and periodic information to be published by issuers of securities and the conditions for disclosures required under the laws of non-member states to be treated as equivalent information.