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Santander Bank Polska S.A.

Remuneration Information Apr 19, 2023

5801_rns_2023-04-19_9df9f1ad-51af-47a6-9ba0-1beae1dea113.pdf

Remuneration Information

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Report on remuneration of members of the Management Board and the Supervisory Board of Santander Bank Polska S.A. for 2022

Confidential

Table of contents

Report on remuneration of Management Board and Supervisory Board members for previous years 2
Decision-making process for determining the remuneration policy 2
Remuneration of Supervisory Board members and Management Board members 3
Remuneration of Supervisory Board members 3
Internal regulations concerning remuneration of Supervisory Board members 3
Remuneration paid to Supervisory Board members 3
Remuneration of Management Board members 4
Fixed remuneration 7
Variable remuneration 7
Options to prevent vesting the entitlement to variable components of remuneration 9
Evolution of remuneration and key financial highlights
of Santander Bank Polska S.A. from 2016 to 2022
10

Remuneration report of Santander Bank Polska S.A.

Report on remuneration of Management Board and Supervisory Board members for previous years

On 27 April 2022, by force of its resolution no. 17, the General Meeting approved the Supervisory Board's report on remuneration of Management Board and Supervisory Board members for 2021. The General Meeting approved that report without any comments.

Decision-making process for determining the remuneration policy

Remuneration report of Santander Bank Polska S.A.

Remuneration of employees of the Bank is governed by the Remuneration Policy of Santander Bank Polska Group – adopted by the Management Board and approved by the Supervisory Board. According to the Policy, key features of the bonus schemes are reviewed by the Remuneration Committee of the Supervisory Board, and approved by the Management Board member in charge of the Business Partnership Division. All regulations on awarding variable components of remuneration that apply to employees of the Bank are published in the form of ordinances issued by the Management Board member in charge of the Business Partnership Division, in accordance with and on the basis of the Remuneration Policy of Santander Bank Polska Group, except for Incentive Plan VII introduced by force of the General Meeting's resolution.

The Supervisory Board has a Remuneration Committee and a Nominations Committee. The key tasks of the Remuneration Committee include reviewing and monitoring the Bank's remuneration policy, and supporting the General Meeting of Shareholders, the Supervisory Board and the Management Board in developing and implementing that policy.

The Management Board is responsible for developing and implementing the Remuneration Policy for members of the Supervisory Board of Santander Bank Polska S.A. and Remuneration Policy for members of the Management Board of Santander Bank Polska S.A., which are then approved by the Supervisory Board at the request of the Remuneration Committee and adopted by the General Meeting by force of a resolution.

In 2022, the Remuneration Policy of Santander Bank Polska Group was updated to adapt it to new regulations that came into force in 2022. Changes to the policy resulted from the introduction of:

  • Revised EBA Guidelines on sound remuneration policies under Directive 2013/36/EU (EBA/GL/2021/04);
  • Revised Remuneration Policy of Santander Group;
  • KNF recommendation on the maximum ratio between fixed and variable components of remuneration (arising from the Regulation of the Minister of Finance).

Key changes in the updated Remuneration Policy resulting from the legislation and regulations indicated above include:

  • Alignment of the general rules with EBA guidelines and Santander Group's Remuneration Policy;
  • Introduction of a principle of equal pay for equal work or work of equal value;
  • Introduction of rules for measurement, analysis and definition of action plans for Gender Pay Gap (GPG) and Equal Pay Gap (EPG);
  • Incorporation of a general rule on ESG targets/ limits for key function holders;
  • Introduction of general rules on discretionary pension benefits;

● Refinement of the procedure with respect to a resolution increasing the ratio of fixed and variable remuneration.

No exceptions or temporary waivers to the Policy or its implementing procedure were applied in 2022.

Remuneration of Supervisory Board members and Management Board members

Remuneration of Supervisory Board members

Internal regulations concerning remuneration of Supervisory Board members

Remuneration report of Santander Bank Polska S.A.

As at 31 December 2022, the remuneration for the Supervisory Board was set in accordance with the Remuneration Policy for members of the Supervisory Board of Santander Bank Polska S.A. The level of remuneration of Supervisory Board members is specified in the AGM resolution no. 30 of 22 March 2021 on setting the remuneration for Supervisory Board members.

Remuneration paid to Supervisory Board members

Members of the Supervisory Board are paid fixed remuneration only (monthly remuneration for performing their role on the Supervisory Board and additional remuneration for participating in meetings of the Supervisory Board committees on which they sit, which they chair or to which they provide expert advice). The remuneration for Supervisory Board members is paid in cash only.

The table below presents the remuneration paid to members of the Supervisory Board of Santander Bank Polska S.A. in 2022 by virtue of their supervisory role:

2022
Fixed remuneration
(in PLNk)
Name and surname
Job title
Base salary Additional
pay
Other
benefits
Antonio Escámez Torres
Chairman
338 - -
José Luis de Mora1
Vice Chairman
- - -
Dominika Bettman
Member of the Supervisory Board
150 142 4
José Garcīa Cantera1
Member of the Supervisory Board
- - -
Danuta Dąbrowska
Member of the Supervisory Board
144 111 4
Isabel Guerreiro1
Member of the Supervisory Board
- -
David Hexter
Member of the Supervisory Board
169 190 -
John Power2
Member of the Supervisory Board
169 119 -

1 José García Cantera, José Luis de Mora and Isabel Guerreiro did not receive remuneration for their functions on the Supervisory Board.

2 John Power additionally received PLN 98.2k in 2022 for his membership in the Supervisory Boards of the Bank's subsidiaries.

Jerzy Surma
Member of the Supervisory Board
144 154 -
Marynika Woroszylska-Sapieha
Member of the Supervisory Board
144 109 -

Remuneration of Management Board members

Internal regulations concerning remuneration of Management Board members

Remuneration report of Santander Bank Polska S.A.

The rules of remunerating Management Board members, including rules of paying fixed and variable remuneration in 2022, are set out in their employment contracts. The Supervisory Board approves the level and terms of remuneration by force of a resolution.

Long-term performance of the company

Under the Remuneration Policy, the remuneration structure fully reflects market practices while the remuneration levels are adequate to those offered in the banking sector, taking account of the scale of the Bank's business. The remuneration levels are reviewed once a year in line with the internal process.

The criteria that affect the type and amount of fixed and variable remuneration paid to Management Board members were defined so as to support the delivery of the Bank's business strategy, long-term interests and stability, in particular by:

  • setting annual objectives in accordance with the Bank's financial and strategic plans (including cost of risk and capital for the Bank and liquidity risk in the long-term horizon), and assessing the performance of individual Management Board members;
  • applying a flexible variable remuneration policy by maintaining a proper balance between fixed and variable components;
  • awarding a portion of remuneration in deferred payment instruments and deferring payment of variable remuneration for five years which ensures that the Bank's financial performance affects remuneration in the long-term perspective;
  • applying malus clauses which ensure proper and effective management of risk which might materialise in the deferral period;
  • awarding the variable components of remuneration only if this approach does not represent any threat to the solid capital base of the Bank or the Group in the long-term horizon.

On 27 April 2022, Santander Bank Polska S.A. introduced Incentive Plan VII under resolution no. 30 of the Annual General Meeting. The Plan is addressed to the employees of the Bank and its subsidiaries (Santander Bank Polska Group) who significantly contribute to growth in the value of the organisation. Its purpose is to motivate the participants to achieve business and qualitative goals in line with the Group's long-term strategy by providing an instrument that strengthens the employees' relationship with the Group and encourages them to act in its longterm interest.

The Plan covers the period of five years (2022–2026). However, as the payment of variable remuneration is deferred, the share buyback and allocation will be completed by 2033.

The Plan covers obligatorily all persons with an identified employee status in Santander Bank Polska Group. The list of other key participants will be determined by the Management Board members and approved by the Bank's Supervisory Board. Those employees will participate in the Plan on a voluntary basis.

Remuneration report of Santander Bank Polska S.A.

Participants in the Plan are excluded from other incentive schemes applicable in the Bank and thus they do not become entitled to bonuses defined in the bonus rules applicable in their home units. This provision does not apply to MRTs who receive variable remuneration in line with the Rules for payment of variable components of remuneration to individuals with the status of identified employees in Santander Bank Polska Group applicable in a given year.

The participants will be entitled to variable remuneration in the form of the Bank's shares provided that they meet the terms and conditions stipulated in the Participation Agreement and the Resolution. To that end, Santander Bank Polska S.A. will buy back up to 2,331,000 shares from 1 January 2023 until 31 December 2033.

Information on how total remuneration contributes to the delivery of long-term objectives of the company

The purpose of the Remuneration Policy is to ensure long-term sustainable growth of the Group, protect the stakeholders, including customers, shareholders and employees by, among others, ensuring adequate staff remuneration for their performance and motivating them to deliver best results and to achieve the Bank's strategic goals, both in terms of business and quality aspects, based on adopted values.

Under the bonus scheme for the Bank's Management Board members, their remuneration is linked to the assessment of the company's long-term financial position, long-term growth of shareholder value, business stability, and risk appetite.

The level of the annual bonus is determined in particular on the basis of:

  • quantitative metrics (e.g. customer satisfaction index, number of customers and number of loyal customers, return on tangible equity, return on risk weighted assets),
  • qualitative metrics resulting from the quality-oriented analysis of financial performance and risk (e.g. NPS, responsible banking agenda, including goals related to local communities, environmental protection),
  • potential adjustments resulting from unexpected developments.

Variable remuneration is awarded to Management Board members based on the evaluation of their performance. The selection of metrics (as well as their granularity) for individual Management Board members takes into account their individual duties and responsibilities in the process of managing the Bank.

Based on the actual metrics and evaluation of performance against objectives under WHAT, HOW and RISK categories as well as relevant weights assigned to them, the rating is established and adjusted by a multiplier, which arises, among other things, from assessment of performance against a three-year horizon, as proposed by the Supervisory Board Remuneration Committee and approved by the Supervisory Board.

In 2022, the rating scale in place was from 1.00 to 4.00.

Objectives, performance against them and variable remuneration paid in 2022 are presented in the table:

2022
Criteria 1
Criteria related to a remuneration component –
description
2
Relative weight of
performance criteria
3
Name and surname
Job title
4
Actual award/
remuneration (in PLNk)
Management functions
- Financial objectives, including profitability, risk
management, capital and customer satisfaction
- Implementation of 6 strategic directions (employee
Michał Gajewski
President of the
Management Board
5 250
Objectives WHAT focus, simplification, customer obsession, innovate to
open platform, smart omichannel, safety and trust),
- Creating a better bank where customers and people
feel a deep connection with Santander,
50% Maciej Reluga
Member of the
Management Board
1 370
- Objectives related to customer satisfaction and cost
management.
Juan de Porras Aguirre
Vice President of the
Management Board
2 000
Objectives
HOW
- Actions related to the corporate culture – The
Santander Way
Lech Gałkowski
Member of the
Management Board
1 630
Objectives RISK - Risk management and building the risk culture 10% Patryk Nowakowski
Member of the
Management Board
Arkadiusz Przybył
1 370
Vice President of the
Management Board
1 630
Control functions
Objectives WHAT - Financial objectives, including management of risk,
costs, quality and customer satisfaction
- Implementation of 6 strategic directions (employee
focus, simplification, customer obsession, innovate to
open platform, smart omichannel, safety and trust),
- Creating a better bank where customers and people
feel a deep connection with Santander,
- Objectives related to customer satisfaction and cost
management
- Standardising processes within the Group.
50% Carlos Polaino Izquierdo
Member of the
Management Board
1 630
Objectives HOW Actions related to the corporate culture – The
Santander Way
40% Andrzej Burliga
Vice President of the
Management Board
1 400
Objectives RISK - Risk management and building the risk culture 10% Dorota Strojkowska
Member of the
Management Board
1 370

Remuneration report of Santander Bank Polska S.A.

Fixed remuneration

Pursuant to the Statutes of Santander Bank Polska S.A. and the aforementioned regulations, the remuneration of President and members of the Management Board is set by the Supervisory Board, taking into account the recommendations of the Remuneration Committee.

Remuneration report of Santander Bank Polska S.A.

In accordance with the Strategy of Santander Bank Polska for investing into equity market instruments, members of the Management Board do not receive remuneration for performing duties of supervisory board members in the companies to which they have been designated by the Bank. Members of Santander Bank Polska Management Board do not perform other roles in other companies of SBP Group and, accordingly, do not receive any remuneration in that respect.

Variable remuneration

The rules for determining variable remuneration for Management Board members of Santander Bank Polska S.A. are laid down in the Remuneration Policy of Santander Bank Polska Group. These rules are subject to regular (at least annual) reviews by the Remuneration Committee of the Supervisory Board.

Management Board members are paid variable remuneration once a year following the end of the reference period and release of the Bank's results. Variable remuneration is awarded in accordance with the applicable bonus regulations for Management Board members (adopted by virtue of the Supervisory Board's resolution), which set out the bonus principles depending on the performance against personal objectives as well as business and financial objectives of an organisational unit and the Bank. The performance is assessed against the financial and nonfinancial criteria for the period of minimum three years to take into account the Bank's economic cycle and business risk. The Remuneration Committee recommends the amount of variable remuneration for members of the Management Board to the Supervisory Board. The Supervisory Board decides – by force of a resolution – on the level of annual bonuses awarded to individual members of the Management Board.

The total amount of the variable remuneration granted to Management Board members for a single calendar year cannot be higher than 100% of the fixed remuneration paid for that calendar year to the person concerned. However, in exceptional cases, this limit may be increased up to 200% of fixed remuneration subject to the approval of the Bank's General Meeting. The decision on determining the maximum ratio of the fixed components of total remuneration to the variable components of the remuneration in Santander Bank Polska Group was taken by the AGM on 27 April 2022.

Variable remuneration is awarded in accordance with bonus regulations and paid in cash and in the form of a financial instrument. Remuneration paid in the form of a financial instrument must represent min. 50% of the total amount of variable remuneration. Until 2022, the financial instrument was given in the form of phantom shares.

Starting from variable remuneration due for 2022, shares of Santander Bank Polska S.A. awarded under Incentive Plan VII represent the financial instrument.

At least 40% of each component of the variable remuneration is deferred for 5 years.

The table below shows unpaid variable remuneration in cash and financial instruments:

Instrument (no. of pieces)3 Cash (in PLNk)
Variable Payment date
Name and surname
Job title
remuneration for
year
20234 2024 2025 2026 2027 2028 2029 2023 2024 2025 2026 2027 2028
2018 522
Michał Gajewski 2019 674 674 199
President of the 2020 426 426 426 426 426 80 80 80 80
Management Board 2021 2 556 511 511 511 511 512 180 180 180 180 180
2022 3,808 1,143 1,143 1,143 1,143 1,139 1,050 315 315 315 315 315
2018 173
Andrzej Burliga 2019 201 200 59
Vice President of the 2020 155 155 153 29 29
Management Board 2021 902 121 121 121 121 117 42 42 42 42 42
2022 1,524 203 203 203 203 203 420 56 56 56 56 56
2018 346
2019 384 384 113
Juan De Porras Aquirre
Vice President of the
2020 358 358 1,969 67 67
Management Board 2021 1 549 207 207 207 207 204 73 73 73 73 73
2022 2,177 290 290 290 290 290 600 80 80 80 80 80
2018 248
2019 268 268 79
Arkadiusz Przybył
Vice President of the
2020 206 206 205 39 39
Management Board
2021 1 238 165 165 165 165 165 58 58 58 58 58
2022 1,774 237 237 237 237 234 489 65 65 65 65 65
Patryk Nowakowski 2019 141 139 41
Member of the 2020 156 156 156 29 29
Management Board 2021 953 127 127 127 127 127 45 45 45 45 45
2022 1,491 199 199 199 199 197 411 55 55 55 55 55
Carlos Polaino 2018 218
Izquierdo 2019 241 240 71
Member of the 2020 217 217 215 41 41
Management Board 2021 1 107 148 148 148 148 145 52 52 52 52 52
2022 1,774 237 237 237 237 234 489 65 65 65 65 65
2018 173
Maciej Reluga 2019 201 201 59
Member of the
Management Board
2020 165 165 165 31 31
2021 809 108 108 108 108 106 38 38 38 38 38
2022 1,491 199 199 199 199 197 411 55 55 55 55 55
2018 153
Dorota Strojkowska 2019 185 184 54
Member of the
Management Board
2020 167 167 166 31 31
2021 953 127 127 127 127 127 45 45 45 45 45
2022 1,491 199 199 199 199 197 411 55 55 55 55 55
Lech Gałkowski
Member of the
2021 975 130 130 130 130 129 46 46 46 46 46
Management Board 2022 1,774 237 237 237 237 234 489 65 65 65 65 65
2018 852
Former members 2019 374 370 110
Bank's Management
Board
2020 234 234 234 44 44
2022

3 Payment in the form of Santander Bank Polska shares as part of Incentive Plan VII starting from 2022.

Remuneration report of Santander Bank Polska S.A.

4 The deferred portion of remuneration was paid out in February 2023. The portion of variable remuneration in the form of phantom shares for 2018-2021 was calculated based on the Bank's share price determined as the average price over 3 months preceding the calculation date in the amount of PLN 275.78 per share.

Remuneration paid to Management Board members

Remuneration report of Santander Bank Polska S.A.

The table below presents the total remuneration and additional benefits received by members of the Management Board of Santander Bank Polska S.A. for their functions on the Management Board in 2022:

1 2
Fixed remuneration Variable remuneration 6
(in PLNk) (in PLNk) 4 Fixed to
Other fixed
remuneration
3
Extraordinary
Old-age
pension
Total
remuneration
(in PLNk)
variable
remuneration
ratio
Name and surname Expense and additional Due in a Due in
Job title Base salary s benefits5 single year many years6
Michał Gajewski
President of the 3,150 - 214 - 2,721 - - 6,085 124%
Management Board
Andrzej Burliga
Vice President of the 1,344 - 160 - 924 - - 2,428 163%
Management Board
Juan De Porras Aquirre
Vice President of the 1,582 - 570 - 1,745 - - 3 897 123%
Management Board
Arkadiusz Przybył
Vice President of the 1,536 - 125 - 1,241 - - 2,902 134%
Management Board
Patryk Nowakowski7
Member of the 1,392 115 - 709 - - 2,216 213%
Management Board
Carlos Polaino
Izquierdo 1,492 - 802 - 1,138 - - 3,432 202%
Member of the
Management Board
Maciej Reluga7
Member of the 1,176 - 149 - 896 - - 2,221 148%
Management Board
Dorota Strojkowska
Member of the 1,260 - 125 - 926 - - 2,311 150%
Management Board
Gałkowski Lech7
Member of the 1 320 - 145 - 344 - - 1 809 426%
Management Board

Options to prevent vesting the entitlement to variable components of remuneration

Deferred variable remuneration, whether in cash or in financial instruments, pending payment may be subject to malus if, during the period before its vesting, specific circumstances occur. They will be based on performance or respond to real risk situations or to changes in persistent risk for the companies, business lines or employee activities.

According to the criteria set out in Directive 2013/36/EU, it is not enough for there to be misconduct/misbehaviour or serious error by an employee for the associated breach to be considered a potential trigger for the application of a malus clause, but rather this behaviour must translate into a significant negative impact of a financial nature or

7 Remuneration as on the day of taking up the office of a Management Board member

5 Other fixed remuneration and additional benefits may include life insurance without pension option, car allowance and housing allowance. None of the Members of the Management Board received cash or non-cash benefits granted to their relatives.

6 The portion of variable remuneration due for 2017-2020 in the form of phantom shares was calculated based on the Bank's share price determined as the average price over 3 months preceding the calculation date in the amount of PLN 352.66 per share.

impact on the risk profile or reputation of the Group, the Bank or a subsidiary, always provided that the latter does not occur alone, but simultaneously with other negative consequences for the Group, the Bank or a subsidiary.

The factors analysed when a decision is taken to apply malus clauses and the decision-taking process are described in detail in the Malus Clauses Application Procedure of Santander Bank Polska Group. Specifically, these factors include:

  • Significant irregularities in risk management on the part of the entity, a business unit, a control unit or a support function;
  • Material adjustments to the Group's financial statements, based on the external auditor's opinion, except where the adjustments are due to changes in accounting standards;
  • Violation by the employee of internal regulations or codes of conduct, particularly those relating to risks;
  • Significant changes in the financial, capital or risk profile of the Bank Group;

Remuneration report of Santander Bank Polska S.A.

  • Significant increase in economic or regulatory capital requirements which has not been foreseen at the time of approval of the exposure;
  • Regulatory sanctions or criminal charges made against the entity or employees who are held liable;
  • Any misconduct, whether individual or collective, in particular when referring to the marketing of unsuitable products;
  • negative financial performance of the Group.

No malus triggers were identified in 2022 in respect of Management Board members.

Members of the Management Board of Santander Bank Polska S.A are employed under employment contracts; according to the Labour Code, there are no grounds to demand that they return their variable remuneration paid out to them earlier in part or in full.

Evolution of remuneration and key financial highlights of Santander Bank Polska S.A. from 2016 to 2022

The table below presents evolution of total remuneration and key financial highlights of Santander Bank Polska Group from 2016 to 2022:

Year 2017 2018 2019 2020 2021 2022
(in PLNk)
YoY change 2017 vs 2016 2018 vs 2017 2019 vs 2018 2020 vs 2019 2020 vs 2021 2021 vs 2022
Antonio Escámez Torres - - - - 227 338
Chairman 49%
José Luis De Mora
Vice Chairman
- - /- /- /- /-
/- /- /- /- /- /-
José García Cantera
Member of the Supervisory Board
/- /- /- /- /- /-
/- /- /- /- /- /-
Danuta Dąbrowska
Member of the Supervisory Board
234 232 261 249 283 258
-4.1% -0.9% 12.3% -4.5% 13.6% -8.5%
Isabel Guerreiro
Member of the Supervisory Board
n/a n/a /- /- /- /-
n/a n/a /- /- /- /-
263 274 299 320 346 358

David Hexter
Member of the Supervisory Board -4.4% 4.2% 9.2% 7.1% 7.9% 3.7%
John Power 272 198 317 289 307 288
Member of the Supervisory Board -10.2% -27.2% 60.0% -8.9% 6.5% -6.3%
Jerzy Surma 244 269 304 302 329 298
Member of the Supervisory Board -4.7% 10.2% 12.9% -0.4% 8.7% -9.5%
Marynika Woroszylska-Sapieha
Member of the Supervisory Board
214 228 256 254 282 253
10.3% 6.5% 12.1% -0.8% 11.0% -10,3%
Dominika Bettman n/a n/a n/a 128 303 296
Member of the Supervisory Board n/a n/a n/a n/a 136.8% -2.5%
Remuneration of Management Board members (in PLN k)
Michał Gajewski 2,023 2,865 3,911 4,821 4,704 6,085
President of the Management Board 1010.3% 41.6% 36.5% 23.2% -2.4% 29.4%.
Andrzej Burliga 2,153 2,433 2,460 2,342 2,044 2,428
Vice President of the Management Board 7.9% 13.0% 1.1% -4.8% -12.7% 18.8%
Juan De Porras Aquirre 2,612 2,738 2,860 3,108 2,738 3,897
Vice President of the Management Board 12.5% 4.8% 4.5% 8.7% -11.9% 42.3%
Arkadiusz Przybył 1,047 1,724 2,229 2,338 2,165 2,902
Vice President of the Management Board n/a 64.7% 29.2% 4.9% -7.4% 34.0%.
Lech Gałkowski n/a n/a n/a n/a 699 1,809
Member of the Management Board n/a n/a n/a n/a n/a 158.8%
Patryk Nowakowski n/a n/a 601 1,247 1,448 2,216
Member of the Management Board n/a n/a n/a 107.3% 16.1% 53.0%
Carlos Polaino Izquierdo 2,228 2,649 2,791 2,693 2,546 3,432
Member of the Management Board 24.6% 18.9% 5.4% -3.5% -5.4% 34.8%
Maciej Reluga 701 1,231 1,640 1,750 1,738 2,221
Member of the Management Board n/a 75.5% 33.2% 6.7% -0.7% 27.8%
Dorota Strojkowska 702 1,352 1,722 1,774 1,710 2,311
Member of the Management Board n/a 92.6% 27.4% 3.0% -3.6% 35.1%
Company's results (in PLN m)8
Total Income 7,764 8,716 9,462 8,647 9,142 12,382
2.1% 12.3% 8.6% -8.6% 5.7% 35.4%
Total costs -3,372 -3,769 -4,466 -4,488 -3,988 -4,698
0.1% 11.8% 18.5% 0.5% -11.1% 17.8%.
Net impairment allowances -691 -1,085 -1,219 -1,763 -1,124 -895
-12.0% 57.1% 12.4% 44.6% -36.2% -20.4%
Profit before tax 3,322 3,424 3,245 1,881 2,058 4,353
6.4% 3.1% -5.2% -42.0% 9.4% 111.5%.
Profit attributable to shareholders of 2,199 2,363 2,138 1,037 1,112 2,799
Santander Bank Polska S.A. 1.5% 7.5% -9.5% -51.5% 7.2% 151.8%.
Average remuneration (in PLN k)
Members of the Supervisory Board 245 240 287 257 297 298
active in 2022 15,8% -2,1% 19,6% -10,5% 15,4% 0,6%
Members of the Management Board
active in 2022
1,638 2,142 2,277 2,509 2,199 3,033
4.2% 30.8% 6.3% 10.2% -12.4% 37.9%

Remuneration report of Santander Bank Polska S.A.

Members of the Supervisory Board
inactive in 2022
-25.2% 40.4% -8.5% n/a n/a n/a
Members of the Management Board
inactive in 2022
1,460 1,603 1,195 931 886 525
-14.4% 9.8% -25.4% -22.1% -4.8% -40.7%
Other employees9 78 86 93 94 105 117
4.9% 10.7% 7.9% 1.7% 11.0% 12.1%

Remuneration report of Santander Bank Polska S.A.

9 As at the end of the year, exclusive of the Management Board, employees employed as 1/16 and 1/10 FTE and suspended employees. Gross base salary per FTE, multiplied by 12.

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