Bank Pekao S.A. — M&A Activity 2017

Mar 27, 2017

UNOFFICIAL TRANSLATION27.03.2017 - Report 9/2017: Informationof Powszechny Zakład Ubezpieczeń S.A. on the consent of the AntimonopolyCommittee of Ukraine to the acquisition of shares of Bank Pekao S.A.TheManagement Board of Bank Polska Kasa Opieki S.A. with its registeredoffice in Warsaw ("Bank"), acting on the basis of Art. 17 sec. 1 ofRegulation (EU) No 596/2014 of the European Parliament and of theCouncil of 16 April 2014 on market abuse and repealing Directive2003/6/EC of the European Parliament and of the Council and CommissionDirectives 2003/124/EC, 2003/125/EC and 2004/72/EC (Official Journal ofthe European Union L of 2014, No. 173, p. 1, as amended, hereinafterreferred to as the "MAR"), hereby informs that on 27 March, 2017Powszechny Zakład Ubezpieczeń ("PZU") announced by current report No27/2017:" Consent of the Antimonopoly Committee of Ukraine tothe acquisition of shares of Bank Pekao S.A.Legal Basis: Art. 17section 1 of MAR - confidential informationBody of theReport:With reference to Current Report no. 82/2016 of 8 December2016 (the "Current Report"), the Management Board of Powszechny ZakładUbezpieczeń Spółka Akcyjna with its registered office in Warsaw ("PZUSA", the "Company"), acting pursuant to Art. 17 sec. 1 of Regulation(EU) No. 596/2014 of the European Parliament and of the Council onmarket abuse (market abuse regulation) and repealing Directive 2003/6/ECof the European Parliament and of the Council and Commission Directives2003/124/EC, 2003/125/EC and 2004/72/EC (Official Journal of the EU of2014, No. 173, p. 1, as amended, hereinafter referred to as the "MAR"),hereby informs you that on 27 March 2017 the Management Board of PZU SAobtained information that the Antimonopoly Committee of Ukraine grantedan unconditional consent to the concentration in the form of acquisitionof a block of shares in Bank Polska Kasa Opieki S.A. (the "Bank").Thegranting of the above-mentioned consent means that one of the conditionsprecedent for the acquisition of a significant block of shares in theBank by PZU SA acting in a consortium with PFR from UniCredit S.p.A.(the "Transaction") specified in the Current Report has been fulfilled.PZU SA included information about the signing of the agreement on thesale of a block of shares in the Bank in the Current Report.PZUSA will make available to the public information relating to thefulfilment or non-fulfilment of the remaining conditions for theTransaction specified in the Current Report."