Current Report No. 2/2017

16 Feb, 2017

Changing in the composition of Bank Zachodni WBK S.A. Management Board

Bank Zachodni WBK S.A. (“the Bank”) hereby advises that on 16 February 2017 Mr. Eamonn Crowley resigned from his position in Bank’s Management Board effective as of 16 February 2017.

At the same time the Bank hereby advises that its Supervisory Board on 16 February 2017 passed the resolution on appointing Mr. Maciej Reluga as the Bank’s Management Board Member. The appointment will be effective as of 16 February 2017.

Mr Maciej Reluga has worked for the Bank since 2002 as the chief economist in charge of, among others, macroeconomic and market analyses, short- and long-terms forecasting as well as the development of stress test scenarios. In 1998-2002, he worked in ING Bank Śląski and ING Barings, and in 1996-1998 as an analyst in the Poland’s central bank.

Mr Maciej Reluga is a graduate of the University of Warsaw, Faculty of Economic Sciences and Financial Management Programme at the University of Namur in Belgium. Moreover, he upgraded his education at Strategic Leadership Academy at ICAN Institute and at Swiss Finance Institute (Senior Management Programme in Banking); he also completed numerous courses, including training at the Cambridge University.

Mr. Maciej Reluga meets the requirements stipulated in the Banking Law Act dated 29 August 1997.

Mr. Maciej Reluga is not involved in any activity competitive to the Bank. He is not included in the National Register of Insolvent Debtors (as per the Act on the National Court Register).

Legal basis:

article 17 (1) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR)

Santander Bank Polska S.A. with its registered office in Warsaw, al. Jana Pawła II 17, 00-854 Warszawa, registered by the District Court for the capital city of Warsaw, 12th Commercial Division, set up under regulation of the Council of Ministers of 11 April 1988 on setting up Bank Zachodni in Wrocław (Journal of Laws of 1 July 1988, No. 21, item 142), registered under KRS number 0000008723, REGON 930041341, NIP 896 000 56 73, share capital of PLN 1,020,883,050 paid-up in full. Helpline: 1 9999 – fee as per the operator’s tariff.

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