Bank Polska Kasa Opieki Spólka Akcyjna announced that on 1 June 2020 Mr. Marek Lusztyn resigned with the effect at a future date, i.e. on 30 June 2020 from the position of the Vice-President of the Management Board of the Bank supervising the activities of the Risks Management Division as well as from the composition of the Management Board of the Bank. Taking into consideration continuity of decision making, and in line with good practices, Mr. Marek Lusztyn resigned with the effect at a future date, i.e. on 30 June 2020, in order to enable the Supervisory Board of the Bank to make a selection for the above mentioned position. The resignation did not contain the reasons for its submission.