Powszechna Kasa Oszczednosci Bank Polski SA

###### Responsibility for Sustainable Development at PKO Bank Polski S.A.

###### The Management Board of PKO BP S.A.

The Management Board of the Bank defines the framework for sustainable development, including setting goals, formulating strategy, adopting policies, and overseeing their implementation.

It also approves the risk management strategy, including ESG risk management, and establishes committees to support its activities in sustainability and energy transition.

###### Sustainable Development Committee

The Sustainable Development Committee supports the Management Board in setting priorities, defining strategic directions, and establishing goals related to sustainability and energy transition.

It also serves as a platform for dialogue in these areas. The Committee monitors the implementation of the Bank's and Group's sustainability and energy transition goals and initiatives. It also

shapes policies, solutions, and the sustainability and energy transition management system within the Bank and its Capital Group. The Committee is chaired by the Vice President overseeing
Finance and Accounting, with members including the Vice President responsible for Risk Management and directors from most business areas. The Committee also oversees the implementation of

the transformation plan.

A dedicated Sustainable Development Committee ("Committee") has been established at the level of PKO Group to coordinate the oversight of this Green Bond Framework and has the following responsibilities: \n\n- Manage any future updates to the Framework, including eligible criteria definition, expansions to the list of eligible categories and oversee its implementation,\n\n- Oversee the process for evaluation and selection of eligible loans and projects, proposed by various business areas of the Group, according to the adopted methodology - the Committee will in this way gradually expand the eligible green assets portfolio,\n\n- Oversee the record keeping of new and existing assets that meet the eligibility criteria for management of proceeds, reporting and, where applicable, an external review,\n\n- Regularly (at least annually) conduct an additional review on the selected assets to ensure ongoing compliance with the eligibility criteria, and also to ensure that assets align with not only with at least one of the Taxonomy Environmental Objectives, but also not significantly harm any other Taxonomy Environmental Objective,\n\n- Monitor environmental and social risks potentially associated with the eligible green loans through their basis in supporting compliance with national and international legislation.\n\nThe Committee generally convenes at least once every two months.\n\nThe Committee is currently comprised of the representatives or their delegates as shown in the diagram below: [...] Due to the organizational and regulatory environment, a separate Green Covered Bond Committee for PKO Bank Hipoteczny ("GCBC"), which is headed by also the President of the Management Board or a member of the Management Board responsible for Treasury and Product, consists of representatives of the treasury office, the residential mortgage loans office, the risk office, the compliance office, the controlling office, the cover pool register responsible office, was established at PKO Bank Hipoteczny. GCBC main responsibilities are:\n\n - identification and management of eligible green assets in PKO Bank Hipoteczny portfolio,\n\n - monitoring proceeds allocation,\n\n - anticipation of possible threats and propose appropriate actions to avoid them,\n\n - proposing the necessary changes to the technical, eligibility criteria for eligible assets,\n\n - reporting to the Committee on the annual basis.

A dedicated Sustainable Development Committee ("Committee") has been established at the level of PKO Group to coordinate the oversight of this Green Bond Framework and has the following responsibilities: \n\n- Manage any future updates to the Framework, including eligible criteria definition, expansions to the list of eligible categories and oversee its implementation,\n\n- Oversee the process for evaluation and selection of eligible loans and projects, proposed by various business areas of the Group, according to the adopted methodology - the Committee will in this way gradually expand the eligible green assets portfolio,\n\n- Oversee the record keeping of new and existing assets that meet the eligibility criteria for management of proceeds, reporting and, where applicable, an external review,\n\n- Regularly (at least annually) conduct an additional review on the selected assets to ensure ongoing compliance with the eligibility criteria, and also to ensure that assets align with not only with at least one of the Taxonomy Environmental Objectives, but also not significantly harm any other Taxonomy Environmental Objective,\n\n- Monitor environmental and social risks potentially associated with the eligible green loans through their basis in supporting compliance with national and international legislation.\n\nThe Committee generally convenes at least once every two months.\n\nThe Committee is currently comprised of the representatives or their delegates as shown in the diagram below: [...] Due to the organizational and regulatory environment, a separate Green Covered Bond Committee for PKO Bank Hipoteczny ("GCBC"), which is headed by also the President of the Management Board or a member of the Management Board responsible for Treasury and Product, consists of representatives of the treasury office, the residential mortgage loans office, the risk office, the compliance office, the controlling office, the cover pool register responsible office, was established at PKO Bank Hipoteczny. GCBC main responsibilities are:\n\n - identification and management of eligible green assets in PKO Bank Hipoteczny portfolio,\n\n - monitoring proceeds allocation,\n\n - anticipation of possible threats and propose appropriate actions to avoid them,\n\n - proposing the necessary changes to the technical, eligibility criteria for eligible assets,\n\n - reporting to the Committee on the annual basis.

At present, the Bank has not appointed a representative from its management or supervisory bodies responsible for lobbying and political influence. The Bank's Group does not identify any additional risks related to political influence, including lobbying activities.

###### Responsibility for Sustainable Development at PKO Bank Polski S.A.

###### The Management Board of PKO BP S.A.

The Management Board of the Bank defines the framework for sustainable development, including setting goals, formulating strategy, adopting policies, and overseeing their implementation.

It also approves the risk management strategy, including ESG risk management, and establishes committees to support its activities in sustainability and energy transition.

###### Sustainable Development Committee

The Sustainable Development Committee supports the Management Board in setting priorities, defining strategic directions, and establishing goals related to sustainability and energy transition.

It also serves as a platform for dialogue in these areas. The Committee monitors the implementation of the Bank's and Group's sustainability and energy transition goals and initiatives. It also

shapes policies, solutions, and the sustainability and energy transition management system within the Bank and its Capital Group. The Committee is chaired by the Vice President overseeing Finance and Accounting, with members including the Vice President responsible for Risk Management and directors from most business areas. The Committee also oversees the implementation of

the transformation plan.

In July 2023, the Public ESG Programmes Department was set up in the Corporate and Enterprise Banking area, with the objectives of supporting the development of the offering to customers in terms of products and services linked to public and EU programmes, including those supporting sustainable development ESG, particularly climate transformation. [...] ESG risk management is placed in the area of the Vice President overseeing the Risk Management Area, within which the ESG Risk Team operates. In particular, the Team identifies, monitors and assesses the materiality of ESG risks in the Bank and ensures their reporting, as well as coordinating the implementation of consistent risk management standards across the Bank's Group regarding the mitigation of the impact of climate-related (ESG) factors on individual risks, including the level of risk in the Bank's loan portfolio.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes