Bank Polska Kasa Opieki (PEO) AGM 2026 summary

Opening remarks and agenda

• The meeting was opened by the Vice-President of the Supervisory Board, welcoming shareholders, board members, and guests, and outlining the use of electronic voting tablets.

• The agenda was confirmed as extended per shareholder request and published in current report 14/2026.

• The Chairperson was elected unanimously via secret ballot, with 177,137,703 votes in favor.

Financial performance review

• 2025 marked a record year with net profit of PLN 7 billion and a 20% return on capital.

• Dividend payout ratio maintained at 50–70%, with a strong history of consistent dividends.

• Interest margin remained above 4% despite sector over-liquidity and falling rates.

• Corporate credit portfolio grew by 11%, and the bank led in treasury bond issuance.

• Share price rose from PLN 1.379 at end-2024 to a peak of PLN 253.90 in April 2026.

Board and executive committee updates

• The Management Board and Supervisory Board were granted discharge for 2025 by shareholder vote.

• Board composition remained unchanged, with a renewed three-year mandate granted in April.