Powszechny Zakład Ubezpieczeń (PZU) EGM 2025 summary

Opening remarks and agenda

• Meeting opened on 23 Dec 2025; shareholders representing over 66% of share capital attended. The agenda was extended to include a resolution on management-liability damages claims.

• Shareholders approved the nine-item agenda: 575,469,845 votes for, 74 against and 1,069 abstentions; a representative recorded a dissenting vote in the minutes.

Specific resolutions to be voted on

• Leszek Koziorowski was elected meeting chair by secret ballot: 575,469,845 votes for, 69 against and 1,074 abstentions.

• Shareholders authorized pursuing damages claims against former management board member Beata Kozłowska-Chyła over alleged lack of due diligence in hiring CEO advisors; potential remedies include court action, settlement and criminal proceedings.

• The resolution on claims was adopted: 318,650,494 votes for, 1,069 against and 250,535,258 abstentions; the former CEO’s representative was excluded from voting.

• Jarosław Antonik was appointed to the Supervisory Board: 395,738,605 votes for, 189,070,934 against and 616,449 abstentions.

• Meeting-cost resolution passed with 419,308,146 votes for, 155,867,951 against and 294,891 abstentions; the adjournment motion to 22 Jan 2026 failed with 1,105 votes for, 353,146,677 against and 216,039,044 abstentions.

Board and executive committee updates

• Supervisory Board seat was vacant following Filip Gorczyca’s resignation, reported on 3 Nov 2025; Antonik’s nomination received a positive opinion from the Council on Companies.

• The board said that since CEO appointment on 25 Sep 2025, it had pursued follow-up on alleged 2016–2024 irregularities, including external financial advice and referrals to relevant authorities.

• The chair congratulated the CEO after the Financial Supervision Authority confirmed his candidacy on 22 Dec 2025.