Bank Zachodni WBK S.A. (‘the Bank’) hereby advised that on March 10, 2017 its supervisory board passed the resolution on appointing Mr. Arkadiusz Przybyl as the member of the bank management board. The appointment is effective as of March 10, 2017. Furthermore, the Bank's Supervisory Board passed the resolutions on appointing as Vice Presidents, effective as of March 10, 2017, the following persons who have acted so far as the Members of the Bank Management Board: Mr. Andrzej Burliga, Mr. Michael McCarthy, Mr. Juan de Porras Aguirre, Mr. Miroslaw Skiba, and Mr. Feliks Szyszkowiak. Mr. Arkadiusz Przybyl has many years of experience in banking sector. He was a President (CEO) of the Management Board of Santander Consumer Bank in Wroclaw from 2012 and from 2011 to 2012 he worked as Business Director in Santander Consumer Finance Head Office in Madrid, responsible for, among the others, strategy and business development, business integration and acquisition projects and support and supervision of Santander Consumer Finance business in Poland. From 2009 to 2010 Mr. Arkadiusz Przybyl worked as the CEO in GE Money Bank Latvia and the CEO of GE Money Latvia and from 2005 to 2008 as a Retail Banking Director in GE Money Central & Eastern Europe Head Office in Zurich/Paris. From 1997 to 2005 he worked as Engagement Manager in McKinsey & Company in Warsaw.