Share split

In connection with amendment of PZU SA’s Articles of Association effected by virtue of Shareholder Meeting resolutions No. 35/2015 and No. 37/2015, registered by the District Court for the Capital City of Warsaw, 12th Commercial Division of the National Court Register on 3 November 2015, PZU SA (hereinafter “Company”) carried out a split of its shares.

The shares will split using the ratio of 1:10, i.e. from PLN 1 (one Polish zloty) to PLN 0.10 (ten grosz) and the number of PZU SA shares making up the Company’s share capital will be increased from 86,352,300 (eighty-six million three hundred fifty-two thousand three hundred) shares to 863,523,000 (eight hundred sixty-three million five hundred twenty-three thousand) shares, without changing the Company’s share capital.