Signing of letter of intent with Alior Bank S.A.

UNOFFICIAL TRANSLATION

23.10.2017 - Report 57/2017: Signing of letter of intent with Alior Bank S.A.

With reference to the current report no 56/2017 of October 23rd 2017 - the Management Board of Bank Polska Kasa Opieki S.A. hereby informs that on October 23rd 2017 Bank Polska Kasa Opieki S.A. and Alior Bank S.A. (the "Parties") signed the letter of intent regarding preliminary discussions and analysis of the feasibility of their potential cooperation and exchange of information - always within the scope of necessary authorisations (the "LoI").

The LoI is to enable the feasibility analysis and assessment of various forms of potential cooperation or combination of the two entities.

Currently, the parties have not made any binding decisions regarding their potential cooperation. In particular, until possible strategic and financial benefits can be assessed, no such decisions will be taken and implemented. 

Legal basis: Art. 17 sec. 1 MAR - inside information