Current Report no. 24 (2018)

Polish Financial Supervision Authority decision confirming that there are no grounds to object to the planned acquisition shares of Deutsche Bank Polska S.A. by Bank Zachodni WBK S.A.

Further to the current report no. 29/2017 dated 14 December 2017, the Management Board of Bank Zachodni WBK S.A. (the "Bank"), would like to state that today, i.e. 29th May 2018, the Bank received information that Polish Financial Supervision Authority ("PFSA") issued a decision confirming that there are no grounds to object to the planned direct acquisition of the shares of Deutsche Bank Polska S.A. ("DBPL") by the Bank in the number ensuring the exceeding of 10% of the total number of votes at the general meeting and the share in the share capital of DBPL.

PFSA has decided that acquisition of the shares should take place until 31st December 2018.

At the same time, the Bank informs that the above mentioned decision of PFSA is one of the conditions necessary for the completion of the transaction of acquiring the demerged part of DBPL.

Legal basis:
Art. 17 (1) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR).