Draft Resolutions of the Annual General Meeting ( AGM )

Transcription

1 Draft Resolutions of the Annual General Meeting ( AGM ) Election of Chairman and Deputy Chairman of the AGM regarding Election of Chairman and Deputy Chairman of the Annual General Meeting The Annual General Meeting elects as Chairman of the Annual General Meeting of Bank BPH S.A. and as Deputy Chairman of the Annual General Meeting of Bank BPH S.A. Adoption of the agenda regarding adoption of the agenda The agenda of the Annual General Meeting BPH S.A. is hereby adopted in the form announced by the Bank s Management Board on convening the Annual General Meeting. Approval of the Annual Financial Statements of the Bank BPH S.A. for the year 2013 regarding approval of the Annual Financial Statements of Bank BPH S.A. for the year 2013 Annual Financial Statements of Bank BPH S.A. for the year 2013 is hereby approved.

2 Approval of the Bank BPH S.A. Management Board Report on the activities of the Bank BPH S.A. for the year 2013 regarding approval of the Bank BPH S.A. Management Board Report on the activities of Bank BPH S.A. for the year 2013 Bank BPH S.A. Management Board Report on the activities of Bank BPH S.A. for the year 2013 is hereby approved. Approval of the Annual Consolidated Financial Statements of the Bank BPH S.A. Capital Group for the year 2013 regarding approval of the Annual Consolidated Financial Statements of the Capital Group of Bank BPH S.A. for the year 2013 Annual Consolidated Financial Statements of the Capital Group of Bank BPH S.A. for the year 2013 is hereby approved. Approval of the Bank BPH S.A. Management Board Report on the activities of the Capital Group of Bank BPH S.A. for the year 2013 regarding approval of the Bank BPH S.A. Management Board Report on the activities of the Capital Group of Bank BPH S.A. for the year 2013 Bank BPH S.A. Management Board Report on the activities of the Capital Group of Bank BPH S.A. for the year 2013 is hereby approved. 2

3 Approval of the Bank BPH S.A. Supervisory Board Report for the year 2013 regarding approval of the Bank BPH S.A. Supervisory Board Report for the year 2013 Report of the Bank BPH S.A. Supervisory Board for the year 2013 is hereby approved. Adoption of the resolution regarding profit distribution for the year 2013 Motion regarding profit distribution for the year 2013: Whereas: - Bank BPH S.A. s net income for the financial year ended on 31 December 2013 amounted to PLN 289,525, Surplus of revenues over expenses in the House Loans and Savings Office excluded from appropriation was PLN 11,167, the Management Board of Bank BPH S.A. hereby recommends to allocate 2013 profit in the amount of PLN 278,358, to the Bank s supplementary capital. In line with Art. 142 section 4 of the Banking Law, in the course of the remedy program, which in case of Bank BPH S.A. is called Efficiency Improvement Program, all the profits must be used to cover previous losses, and after than to increase the Bank s own funds. With this reservation in mind, and in line with the national regulator s recommendation, the Bank s Management Board does not recommend dividend payout in Whereas: regarding profit distribution for the year Bank BPH S.A. s net income for the year 2013 amounted to PLN 289,525, Surplus of revenues over expenses in the House Loans and Savings Office excluded from appropriation was PLN 11,167, under 46 section 1 point 1) of the Articles of Association of Bank BPH S.A., 2013 profit of PLN 278,358, is allocated to the Bank s supplementary capital. 3

4 Granting vote of approval to members of the Bank BPH S.A. Management Board for performing duties in 2013 Draft AGM Resolutions: Articles of Association vote of approval is granted to Mr Richard Colin Gaskin - President of the Bank s Management Board for performance of his duties from January 1, 2013 until Articles of Association vote of approval is granted to Mr Andras Quinn Bende - Deputy President of the Bank s Management Board for performance of his duties from January 1, 2013 until Articles of Association vote of approval is granted to Mr Grzegorz Przemysław Jurczyk - Deputy President of the Bank s Management Board for performance of his duties from January 1, 2013 until Articles of Association vote of approval is granted to Mr Mariusz Krzysztof Kostera - Deputy President of the Bank s Management Board for performance of his duties from January 1, 2013 until 4

5 Articles of Association vote of approval is granted to Mr Krzysztof Piotr Nowaczewski Deputy President of the Management Board for performance of his duties from January 1, 2013 until Articles of Association vote of approval is granted to Mr Wilfried Mathias Seidel - Deputy President of the Management Board for performance of his duties from January 1, 2013 until Articles of Association vote of approval is granted to Ms Grażyna Zofia Utrata - Deputy President of the Management Board for performance of her duties from January 1, 2013 until Granting vote of approval to members of the Bank BPH S.A. Supervisory Board for performing duties in 2013 Draft AGM Resolutions: Articles of Association, vote of approval is granted to Mr Wiesław Jan Rozłucki Chairman of the Supervisory Board for performance of his duties from January 1, 2013 until December 31,

6 Articles of Association, vote of approval is granted to Mr Denis Hall First Deputy Chairman of the Supervisory Board for performance of his duties from January 1, 2013 until December 31, Articles of Association, vote of approval is granted to Mr Richard Alan Laxer Second Deputy Chairman of the Supervisory Board for performance of his duties from January 1, 2013 until Articles of Association, vote of approval is granted to Mr Maurice Benisty Member of the Supervisory Board for performance of his duties from June 6, 2013 until Articles of Association, vote of approval is granted to Mr Aleš Blažek Member of the Supervisory Board for performance of his duties from January 1, 2013 until Resolution No../2013 Articles of Association, vote of approval is granted to Mr Rafał Rybkowski Member of the Supervisory Board for performance of his duties from January 1, 2013 until 6

7 Articles of Association, vote of approval is granted to Ms Agnieszka Katarzyna Słomka- Gołębiowska Member of the Supervisory Board for performance of her duties from January 1, 2013 until Articles of Association, vote of approval is granted to Mr Todd Smith Member of the Supervisory Board for performance of his duties from November 13, 2013 until December 31, Articles of Association, vote of approval is granted to Mr Tomasz Stefan Stamirowski Member of the Supervisory Board for performance of his duties from January 1, 2013 until December 31, Articles of Association, vote of approval is granted to Ms Beata Stelmach Member of the Supervisory Board for performance of her duties from November 13, 2013 until Articles of Association, vote of approval is granted to Ms Maria Ann Di Pietro-Bayus former Member of the Supervisory Board for performance of her duties from January 1, 2013 until June 6,

8 Articles of Association, vote of approval is granted to Mr Robert Charles Green former First Deputy Chairman of the Supervisory Board for performance of his duties from January 1, 2013 until November 13, Articles of Association, vote of approval is granted to Ms Dorota Podedworna-Tarnowska former Member of the Supervisory Board for performance of her duties from January 1, 2013 until June 18, Changes in the composition of the Supervisory Board as regarding changes in the composition of the Supervisory Board Pursuant to art of the Commercial Companies Code and in connection with 21 sec. 1 of the Bank BPH S.A. Articles of Association the following changes in the composition of the Bank s Supervisory Board are made:.. 8

9 Amendments to the Bank BPH S.A. Articles of Association Draft AGM Resolutions: Resolution No./2014 Annual General Meeting of Bank BPH S.A. regarding amendments to the Bank BPH S.A. Articles of Association 1. The Annual General Meeting of Bank BPH S.A. hereby amends 38 sec. 5 of the Bank BPH S.A. s Articles of Association, which receives the following wording: 5. The Internal Audit Department is independent and reports to the President of the Management Board. The Audit Committee of the Supervisory Board shall perform supervision over the Internal Audit Department activity.. 2. The Resolution becomes effective from adoption, provided that there is Polish Financial Supervision Authority approval. Resolution No./2014 Annual General Meeting of Bank BPH S.A. regarding amendments to the Bank BPH S.A. Articles of Association 1. The Annual General Meeting of Bank BPH S.A. hereby amends 38 sec. 6 pt 6) of the Bank BPH S.A. s Articles of Association, which receives the following wording: 6) the internal audit policy, strategy and procedures.. 2. The Resolution becomes effective from adoption, provided that there is Polish Financial Supervision Authority approval. JUSTIFICATION: The proposed amendments to 38 of the Articles of Association underline the independence of internal audit reflecting requirements of KNF s Recommendation H on internal audit system in banks. 9

10 Adoption of the uniform text of Bank BPH S.A. Articles of Association Draft AGM resolution: as regarding adoption of the uniform text of Bank BPH S.A. Articles of Association As a result of the aforementioned amendments to the Bank BPH S.A. Articles of Association as provided for in the Resolution, No./2014 and No./2014, dated May 28, 2014, the Annual General Meeting hereby adopts the uniform text of Bank BPH S.A. Articles of Association, which constitutes Appendix to this Resolution. 10