Banku Handlowego w Warszawie S.A.

Board/Management Information • Sep 29, 2022

Legalbasis:§ 5 point 5) of the Ordinance of the Minister of Finance dated March 29,2018 on current and periodic information published by issuers ofsecurities and the conditions for regarding as equivalent theinformation required by the law of a non-member state (Official Journalof 2018, item 757).

BankHandlowy w Warszawie S.A. ("the Bank") announces that on September 29,2022, the Supervisory Board of the Bank decided to appoint Mr.IvanVrhelto the Management Board of Bank Handlowyw Warszawie S.A. with the position of the Member of the Management Boardas of 29 September 2022 for a three-year term of office. As part of theinternal division of powers in the Management Board, Mr.IvanVrhelwill be a Member of the Bank'sManagement Board responsible for transaction banking.

Mr.Ivan Vrhel has 17 years of experience in banking and management gainedin many markets where entities from the Citi group operate. Mr. IvanVrhel started his career in 2004 at Citibank Prague in the corporatebanking division, where he worked as a customer relationship manager(RM) and held a number of managerial positions, including being the Headof Emerging Corporate, a unit dealing with acquiring and developingrelationships with the largest entities from the Small and MediumEnterprises segment in the Czech Republic. In 2014, Mr. Ivan Vrhel movedto Romania, where he took the position of the Head of Corporate Banking.He held this position in 2014-2021. In 2017, Mr. Ivan Vrhel was promotedto the position of the Citi Country Officer in Romania, which he helduntil 2021. At the same time, he was also the Director of CitibankEurope plc Branch in Romania. In this role, he was responsible for theimplementation of the country's business strategy. From January 1, 2022to July 31, 2022, Mr. Ivan Vrhel was the Head of Transaction Banking inRussia.

Mr.Ivan Vrhel holds a bachelor's and master's degree from the CharlesUniversity in Prague from the Faculty of Social Sciences(specialization: banking and capital market).

Mr.IvanVrheldoes not perform any business activityoutside the Bank, and therefore he does not perform any activitycompetitive to Bank Handlowy w Warszawie S.A., he does not participatein a competitive company as a partner in a civil company, partnership,or joint stock company, neither does he participate in a competitivelegal person as a member of its governing body.

Mr.Ivan Vrhel is not listed in the Register of Insolvent Debtors kept onthe basis of the Act of August 20, 1997 on the National Court Register.