BNP Paribas Bank Polska S.A. ($BNP)

Good morning, ladies and gentlemen. I would like to welcome all of you. Lucyna Stanczak-Wuczynska, and I am the Chairwoman of the Supervisory Bank of the Bank, BNP Paribas Bank Polska S.A. And I have pleasure to welcome you the shareholders of the bank, the proxies of the shareholders and also the guests of our ordinary general meeting of shareholders of BNP Paribas Bank Polska S.A. I would like also to welcome the persons who are here in our meeting room and also those who are connecting with us online. We have Przemyslaw Gdanski, CEO, the President of the Management Board; and Mr. [indiscernible], the Director of the Legal Department and [indiscernible]. I would like to inform you that in line with the Article 339 of the Commercial Companies Code and Article 401 and 402 of the Commercial Companies Code, the Management Board of the company on the 19th of March 2025 called the General Meeting of Shareholders of BNP Paribas announcing this meeting on the company's website. The agenda was published and also together with the notice of calling the meeting. I would like also to inform you that the company provides the transmission, the possibility of the conduct of this meeting via Internet. Now I would like to ask the representative of Unicomp company for instructions regarding the voting techniques -- on how to vote on the resolutions.

After signing the attendance as you receive the tablets and on the tablet, you can see 2 buttons, one is your data. And under this button, you can see who you represent, how many shares you hold and the second button is button document. So you can view the documents that relate to this meeting. And at any time, you can open them and view them. As for the voting at the moment of ordering the vote, the tablet moves to the voting mode, and you can see the three decision keys, you choose your decision and in the next step, you confirm your decision and then the vote is cast, which is counted in the system. Of course, the system provides the secrecy of the vote and also the split voting, it means voting from each differently.

Thank you very much for this instruction. Are there any questions to this. No. I would like now to move to the next point on the agenda, namely the election of the chairperson of the meeting. So I would like to all the appointment of the chairperson of the meeting for today's General Meeting of Shareholders of BNP Paribas Bank Polska S.A. So could you please put forward your candidates for the Chair of the meeting from among the shareholders and the shareholders proxies who are in this room.

[indiscernible], the representative of BNP Paribas, I would like to propose myself to be the chair of the meeting.

Are there any other candidates for the meeting. I can't see. So I order the vote. This is a secret vote on the candidate proposed. I can read the result of the vote. So in the secret vote, there were the number of votes cast, 131,782,335 from the same number of shares, representing [indiscernible] of the share capital. And for yes, there was 100% of votes. There were no votes against. No abstentions. Therefore, I would like to confirm that the resolution has been adopted, and I give the floor to Mr. [indiscernible] who was appointed the Chairperson of today's meeting. So I give the floor to Mr. [indiscernible].

Good morning, ladies and gentlemen. Thank you very much for my appointment and for letting me chair today's meeting. And now we move to the agenda and in point number three, we have the confirmation that the meeting has been convened in a proper manner and it is capable of passing resolutions. And at this moment, I will sign the attendance list. And here, it will be confirmed that the shareholders are present here who hold 131,782,330, which represents EUR 89.1 million 140% of the share capital. And these are all the shareholders entitled to vote. I would like also to confirm by signing this attendance list. The General Meeting of Shareholders of BNP Paribas S.A. was convened in line of Article 401 and 402 of the Commercial Companies Code by country port 12 for 2020, 12 March 2026, by placing an announcement on calling the meeting on the company's website together with the draft resolutions and also full documentation regarding this meeting. And also in line of Paragraph 13 of the regulations. So resolutions may be passed when the shareholders or their proxies are present in the number of at least 50% of the share capital. So that is why all these requirements are fulfilled, and I would like to confirm that today's geological shareholders was properly convened and is capable of adopting binding resolutions which are put on the agenda. Now we move to point #4, that is the acceptance of the agenda of the meeting. So the proposed agenda was published in the current report. And if you have any remarks. We -- I think that if you do not have any remarks, I propose to vote on the agenda without reading the agenda. So I propose to vote on the resolution number 2 regarding the acceptance of the agenda in the wording that was published in the current report displayed on the company's website. [Voting] Thank you. I close the vote. We have the result of the vote. So the vote for yes, 131,782,335. There were no votes against, and there were no abstentions, so 100% of the share capital voted for years. So I would like to confirm that the agenda was accepted. I would like to give the floor to Mr. CEO, who will present the financial results of the bank for 2025.

I would like to welcome you today at this meeting, and I would like to deliver to you the results for the year 2025. That was a very good year for the bank. We reached almost BRL 3.1 billion net profit, thanks to revenues on the base -- on the level of EUR 8.2 billion. So these are the record results in the history of the bank, and also the level of profit in our opinion is highly satisfactory. And the bank noted the growth, both in terms of the credit volumes and deposit volumes. I will move to this in a moment in greater detail. The effect of those revenues and the careful management costs was translated into the return on capital on the level of 18.7%. So it means about the capital cost and cost of revenues is 41% to 42%, so noting the drop of 2 percentage points on a year-to-year basis. So it means that the bank improved its efficiency and profitability. If we have a look at volumes, the credit volumes in all segments increased by 6%. So it means that the bank was growing in this category. The same is with the deposits 8% growth. The bank is very liquid. And we noted also last year the drop of interest margin by 9 percentage points, which was the result of the drops of the interest rate. And the bank's portfolio is performing well. This is a portfolio of high quality. The risk cost did not reached even 20 basis points. So this is our tradition to keep the risk costs on the very low level. And I have already mentioned about the increase of revenues of 5.6% thanks to the dynamics of the revenues and also from the commercial activities from the credit activities. Last year was a much better year in terms of the risk cost, legal risk cost. So they still kind of affect the bank's results, BRL 673 million reserves for the legal risk related to the Franco credits, but there are declining trends that we observed. But this is this phenomenon that will be accompanying the sector for sometime, the 30% is the increase of net profit. And of course, the efficiency was improved. The capital situation of the bank is very safe and comfortable. All the ratios, they increased the regulatory minimum, the TCR and Tier 1 the drops of the -- the result was the increase of the credit volumes and lower activity of the risk-weighted assets. So the recombination of the bank's Management Board is that 50% of the net profit should be -- from last year should be allocated to dividends and dividend per share will amount to [indiscernible] and the date of dividend is 23rd April and the dividend payout is the 11th of May. The bank noted in the period till the end of March, positive trend. As for the value of its shares, you can see the performance of the shares on the graph. The shares were increasing more than the banking big. So this is a result of our good results and also the strategy Accelerate 2030, which was adopted by the market very well. And also, we can mention the shares in trading represent 25%. An the rest of the shares is held by our strategic shareholders, BNP Paribas S.A. and BNP Paribas Fortis. Last year, we finished the strategy Go Beyond. And this strategy we adopted in 2022 and it led us through all these years. And we exceeded our financial goals, the key targets that we set under this strategy. And I will not maybe discuss the fulfillment of a specific target, but you can see that both the return on capital and also the cost-to-income ratio or the share of the sustainable financing, they proved to be on a very much better level than we assumed in the strategy. Also last year, the bank paid out the dividend, which we anticipate. It's also in our strategy. Then moving forward, what is ahead of us, what is the respect to? So you know that we live in the world, which is quite uncertain and that we may encounter many events, unpredictable events. One of them is the situation in the Middle East. So the bank is very well prepared to function in these unstable conditions, we can react quickly and swiftly to the market conditions. And we are ready to, of course, accept new phenomenon including also those that we cannot anticipate now. So the interest rates were dropping down from 5.75% to 3.75%, so it means by 2% because of the situation in the near East and the risk of inflation. This cycle of lowering will be stopped, but we will function in this environment of lower interest rates than before. We are optimistic as for the Polish economy, which is developing fast and efficiently, and we hope that the energy crisis will not be long term, and we assume that the [indiscernible] will increase about 3%. And of course, there are challenges and they will always be with us that the banking sector should cope with and also our bank is facing them. So this is the environment of low interest rate. The risks, legal risks also those which you cannot anticipate today related to high level of consumer protection new technologies that we think about more as a chance to us than threat, but late development of AI, of course, changes the reality, and we hope that this change will be for the better. On the 10th of December, we announced our new strategy. We named it Accelerate 2030. And I would like to give the key assumptions of this strategy. We build this strategy around 3 pillars: Expand, streamline and impact. It's hard to find the polish equivalents to these words. As for the first pillar expand, we talk about the increase of our customer base, namely as for the customers who are regular customers. We would like to deepen the customers' experience to concentrate on the customers' service and quality of it. As for the streamline, so the concentration on high efficiency through adopting the technologies, which will help us to lower the service costs. And impact, it means that we will continue what we have been doing before, what we trust in, it means supporting our customers in running the activities in sustainable way, responsible way, in line with the world standards. So these are the ambitions to increase of the customers' base by 1 million net retail customers by 2030. Increase in the corporate credit market for small and new size enterprises 10%, 8.3% in the last year. And then for the improvement of efficiency measured by cost-to-income ratio, which would grow below 38%. Then keeping the return on equity index as it was in 2025. We believe that this route index will be 22% in 2030. And also fueling our customers, retail and corporate customers with different scale of financing, sustainable financing for the total value of [indiscernible] 25 billion. And our ambition is that the level of the dividend pay held in 2030 amounts to 75%. And this is all what I wanted to say about our last year. And thank you very much for your attention.

Now we move to the next point. This is point #6, [indiscernible] the Chairman of the Supervisory Board will present the Management Board report showing of the unit -- also financial statements in 2025 and also the evaluation of the consolidated financial statements of the [indiscernible] for the year 2025. And also the results of the Management Board report for 2025, including also the Management Board report on the Management Board reports and also the report on the sustainable development of the company in 2025. And also the results of dividing the profits and then the efficiency of the control system in 2025 and also the evaluation of the good practices for the listed companies and also the way of preserving [indiscernible], the principles of the governance and also the report of the evaluation of the Supervisory Board in terms of the effectiveness of the performance of the members of the Supervisory Board.

Thank you very much, ladies and gentlemen, the year 2025 was a year of very intense activities of the Supervisory Board. And in terms of bigger challenges like geopolitical instability, then the fiscal burden, the dropping interest rates and many of them. In this period, the Supervisory Board of BNP Paribas Bank Polski was adjusting its activities to the changing environment. And in our opinion, the bank was continuing the strategy of Go Beyond [indiscernible], 2025 was developing the technological transformation. And in a [indiscernible] was also realizing the goals in the light of the changing environment and the increasing risk. Also, I would like to emphasize here from the perspective of the Supervisory Board, we've received the year 2025 as a very good year for the bank. The bank reached PLN 8.2 billion result from the activities and net profit PLN 3.1 billion, even exceeded this level and the quality of the credit portfolio stayed on a very safe level, which is confirmed by the low cost of risk. The financial results and the return on capital, ROE were higher than assumed. And the contributors to this was the increase of the scale of activities, more transactions, but a better improvement of the efficiency also using technological solutions and the bank also made huge progress. At the end of 2025, the Supervisory Board adopted Accelerate 2030 for the coming 5 years and will support the Management Board in the realization of the strategy. Here, I would like to present to you the most important issues that were in the financial -- in the report of the Management Board, which I mentioned in Point 8 and 12 of the agenda. Therefore, of course, report of the Management Board, you could -- you have on the company's website, so you can read them in a full version. It was published together with the notice of calling this meeting. You see also them on your tablets. I would like to start from the Management Board [indiscernible], which includes the element of evaluating the Supervisory Board and also the financial aspects [indiscernible] 2025 and the summary of the evaluation made by the Supervisory Board regarding different activities of the bank. So the Supervisory Board evaluates that the supervisor was performing the supervision of the bank's activity in all its disciplines, high qualifications and professional experience and also diversified confidence of members of the supervisor would allow for the evaluation and also extending opinions on different topics and the presentations of the views regarding the work of the management board and also the members [indiscernible] actively participated in the session of the Supervisory Board, and they were also evaluating the current situation of the bank and good practices and also the market standard. So 96%. This is the total attendants. Also Supervisory Board evaluated positively Corporation Management Board, emphasizing that it was based on very high substantive content and then information passed between Supervisory Board and the Management Board. So [indiscernible] received the most important information about the events and decisions of the Management Board and have knowledge about the status of the bank, the microeconomic situation, the market environment and the competitive position of the bank in the banking sector. And the Supervisory Board work supported the committee that are functioning at the Supervisory Board, which were the consultants for the Supervisory Board. They prepare the recommendations, opinions and also supervisor evaluates the work of [indiscernible] the thanks and members of the committees for the involvement in high-quality evaluation and analysis. Then the Supervisory Board of the bank made the evaluation of the financials, reports and nonfinancial aspects of the bank and the Capital Group of the bank for 2025 and stated that their reports -- aspects they were prepared in line with the international financial reporting standards on the basis of the properly run accounting books and in line with the legal regulations and also the provisions of the banks section and also on the dates that are prescribed by the law. And also those reports, they present a fair view of the situation of the bank and all the information that is necessary for the evaluation of the bank's situation in 2025, and also present the situation, financial situation, and also the asset situation of the bank and the Capital Group of the bank and also the real picture of the bank's achievements and also of the Group and also the evaluation of the basic risks and trends. So [indiscernible] comments to the Management Board adoption of these reports. Then the Supervisory Board also positively evaluated the profit division for 2025 and recommends the Supervisory Board the adoption of the resolution in line with the motion of the Management Board of the bank. The Supervisory Board also positively evaluated the situation of the bank, BNP Paribas Bank Polska S.A. risk management system for following the regulatory requirements, which is realized adequately and in line with the principles [indiscernible] the bank link of consolidated nature and properly adjusted to the scale of the bank sector. And also it evaluated the internal control system in all 3 defense lines implemented in the bank in line with the recommendation of the financial supervision, also evaluated is adequate and efficient management of risks and also the functioning of the internal audit. Also positively evaluated the corporation, the Management Board of the bank realization of the information duties towards the [indiscernible] adequacy and efficiency of the corporate governance and the application of its principals and also fulfillment for formation of annuities. -- realization of the bank of information duties resulting from the principles, which are defined in the good practices of the noted companies from sufficient regulation, also the provisions regarding the information obligation by the company's noted on the public market. Also supervisory board evaluated the rationality of the sponsor policy, charity policy. The good practices applied in the bank as regards diversity with respect to all the members of the staff of the bank [indiscernible] of their positions. On this basis, the supervisory recommends that the general assembly adopts the report of the Supervisory Board of the BNP Paribas for 2024. I would like to move now to report on the assessment of adequacy of internal regulation concerning operation efficiency of the operations supervisory. This report was prepared in accordance with recommendation 8.9 of the recommendations that of the supervisory -- [indiscernible] supervisory commission internal order in banks. So our Supervisory Board made a self-assessment on the accuracy of internal [indiscernible] of the operations of the Supervisory Board and its efficiency. And it says that the internal regulation of the bank were topical and adequate and that the supervisory acted effectively and with due diligence. Moreover, the Supervisory Board submitted this issue to an external auditor, SPCs, so these key ocean good scheme. And this law firm in its order confirmed that the [indiscernible] of accommodation that on the operation of the Supervisory Board. The regulations were adequate and then showed the Supervisory Board was able to effectively act and the supervisor made a self assessment in a manner consistent with accommodation [indiscernible]. In light of the above kilo and the Supervisory Board. But I recommend that the general assembly adopts a positive opinion of the adequacy obligation to the extent where it concerns the operation of the Supervisory Board and the factoring of the Supervisory Board and to adopt resolution on this matter. On behalf of the Supervisory Board, I would like to thank the management board, managers and all the members of the staff of the bank for their efforts and involvement and for their achievement in 2025. And also, I would like to express my appreciation of the efforts taken to develop the bank in such -- I would also like to thank my colleagues and the supervisor for the involvement active participation in the work of the Supervisory Board in 2025. Thank you very much. Thank you very much Madam Chair.

So this is a resolution #3 of the general meeting of the bank to adopt and so the supervisory -- the article 303 and also role 11 of the best practice for listed companies and also paragraph 27 of principles of corporate governance for the supervision conjunction with paragraph 12, item 8 of the articles ructions in a bank. The [indiscernible] General Meeting results as follows. Following the review in ordinary general meeting approved the 25 Board of Supervisory Board, and the resolution will enter into force on the day it has been passed. Do you have any comments on this [indiscernible] resolution? I can't see any. So I open vote on resolution #3. [Voting]

I close the vote. So the resolution has been adopted for 131,777,188 votes. No one against and abstention is 4,337. We move to another item of the agenda, item 8 on the approval of annual statements. We have a representative of the auditor law firm of the reports of the bank. Also, I would like to recall that all the resolutions adopted today comply with those published on the website and [indiscernible] available on the website of the company. Our [indiscernible] #4. Resolution #4 Denting of BNP Paribas dated April 26, on the review approval of the separate financial statements of the BNP Paribas Bank Polska for the year ended 31st December 25. So the general meeting acting pursuant to Article 393 Item 1 and the guarantee item 2 of the [indiscernible] postinjection paragraph 1 item 11 of the [indiscernible] Association of BNP Paribas Polska. The ordinary general meeting is [indiscernible]. Following the review of the general meeting approved the separate financial statements of then BNP including the separate statement of profit or loss of periods from 1st January '25 to 31st December 2025, showing a net profit of PLN 3,012,195,000. Separate statement of other comprehensive income for the period from 1st of January 2025 to 31st December 2025, showing a total comprehensive income of PLN 3,369,278,000. Separate statement of financial position period as at 31st December 2025, showing total assets at to PLN 176,310,134,000. Separate statement changes in equity for the period from the 1st of January 2025 to 31st December 2025, showing an increase in equity of PLN 2,158,721,000. Separate statement of cash flows for the period from the 1st of January 2025 to 31st December 2025 showing a net cash flow of PLN 3,019,450,000 and explanatory information to the separate financial states. Paragraph [indiscernible]. The [indiscernible] onshore into both on the day it's been passed. Do you have any questions to the [indiscernible] resolution number #4. I can't see any. Thank you. So I open a vote on resolution #4. [Voting]

I close the vote. I state that the resolution to be adopted for 131,777,188 votes now against and abstentions 4,337. So the draft resolution item #5. I read the resolution #5 of the Ordinary General Meeting of BNP Paribas Polska S.A. in April [indiscernible] review approval of the consolidated financial statements of BNP Paribas Bank Polska Group for the end ended 31st December '25. Acting pursuant to Article 395 paragraph of Commercial Companies Code, in conjunction with Paragraph 1, item 10 [indiscernible] of the bank, the ordinary general meeting [indiscernible] as follow [indiscernible] reviewed the ordinary general meeting approves the consolidated financial statement of BNP Paribas Bank Polska Group ended 31st December 2025, including the consolidated statement of profit or loss for the period from the 1st of January 2025 to 31st December 2025 showing a net profit PLN 3,057,754,000. Consolidated statement of other comprehensive income for the period from the 1st of January '25 to December 31 showing a total comprehensive income of PLN 3,413,803,000. Consolidated statement of financial position prepared as of 31st December '25, showing total assets of PLN 180,775,264,000. Consolidated statement of Chinese equity for the period of 1st January to 31st December 2025, showing an increase of PLN 2,204,352,000. Consolidated statement of cash flows for the period from the 1st of January '25 to 31st December 2025, showing a net cash inflow of PLN 1,028,870,000. And also explain its information to the consolidated financial statement paragraph 2 result should come into post on the day of adoption. Do we have any adoption on [indiscernible] #5? I can't see any. Thank you. And I open a vote on resolution #5. [Voting]

I close the vote. I state the resolution has been adopted for [indiscernible]. No one against and abstentions 1,347. Now I read the draft resolution #6 of the Ordinary General Meeting of BNP Paribas Bank Polska S.A. dated 13 April 2026. Under review approval of the management board report on the activities of the BNP Paribas Bank Polska S.A. Group in 2025, including the Management Board's report on the activities of BNP Paribas Bank Polska S.A. in 2025 and the 25 BNP Paribas Bank Polska S.A. Group's sustainability report. Acting pursuant Article Item 1, Article 395 Paragraph to item 2 and Para 5 of the Code of Commercial Companies and code and [indiscernible] in conjuction with Paragraph 1 items 1 and 2 of the Arctic association with the bank, the Ordinary General Meeting [indiscernible] as follows. Paragraph 1, having reviewed the Management Board on the activities of BNP Paribas Bank Polska S.A. Group in '25 credit management board report on the activities of the bank in '25 and the 2025 BNP Paribas Bank Polska S.A. Group Sustainability Report. The ordinary general meeting approached the report, Paragraph 2, the resolutions coming to course on the day. It's been passed. Do we have any questions to this draft resolution? I can't see any. So I open the vote on Resolution #5. [Voting]

I close the vote. I would like to confirm that the resolution has been adopted. The total number of votes for yes, 131,777,980. No votes against. [indiscernible], 4,347. Now we move to Point #9, adoption of resolution of BNP Paribas Bank Polska S.A. profit distribution for the financial year 2025. The justification of the management board for the distribution of profit for the year 2025, you received in the materials for this meeting. So the justification is as follows. So in line with the provisions of the financial supervision, the bank fulfills criteria of the dividend payout up to 75% of the net profit. So the Management Board recommended that the General Meeting of shareholders takes a decision regarding the profit distribution over PLN 3 billion, which was reached in [indiscernible]. So for the dividend, the amount of PLN 1,509,082,880. So this proposed level of dividend is in line with the bank's dividend policy, which assumes the stable payout of the dividend in line with the careful management of the bank to the shareholders in the long term in the excess of the bank's capital resulting from the commonly prevailing law and also defined in the position of the financial supervision in the dividend policy for 2026. So the criteria for the dividend payout and profit in the amount of PLN 1,503,011,863 [indiscernible] is to be allocated to the reserve capital and the Supervisory Board opinionated positively at this profit allocation and ask the General Meeting of Shareholders to the adoption of the resolution in line with the decision. So this is the resolution #7 of the Ordinary General Meeting of BNP Paribas Bank Polska S.A. date 14th of April 2026 on the distribution of the profit of the BNP Paribas Bank Polska S.A. in payment of a dividend for the financial year 2025. The General Meeting of Shareholders a 952 item 2 and the article 34-oraph [indiscernible], the commercial company and partnership with Parago on item 3 of the position of the NVvaski.Tesalso for the net profit generated in 2025 net of JPY 3 billion. Well, 94,4391Gora is divided in the following manner. The amount PLN 1,509,082,880 is allocated to dividend and the amount of PLN 1,503,111,863 allocated to the reserve capital. Paragraph number #2, the dividend amount per share PLN 10.20. Dividend record is first of April 2026. Paragraph IV, the dividend payment date is 11th of May 2026. The management of the company is authorized to establish a procedure for submitting payment instructions for dividend distribution to minority shareholders. Paragraph #6, the resolution shall come into force on the date has been passed. Do you have any comments on the resolution #7. No, I can't see any comments. So I open the vote on resolution #7. [Voting]

I close the vote. I would like to confirm that this resolution has been adopted for yes, 131,782,335 votes for yes. No votes against and no abstentions. The next item on the agenda is the adoption of a resolution on granting of vote of acceptance to the members of the management board of BNP Paribas Bank Polska S.A. for the fulfillment of the duties in 2025. This is a secret vote. So I will read in full content, the resolution #8. And then I will only mention the names of the members of the Management Board with the next resolutions. And then in summary, I will give the results of the vote. Resolution #8 of the Ordinary General Meeting of BNP Paribas Bank Polska S.A. date 14th of April 2026 on granting the vote of acceptance to a member of the Management Board of the bank for the fulfillment of free duties in the financial year 2025. I think we sent out about 95, paragraph item the cocommercialin the partnership in injection but I would have to item 4 of the localities will be very on Polska. The general meeting results as follows: the General Meeting Grand President of the Management Board of NPVs Bankscope you see financial 2025. The resolution shall come into force on the day it has been passed. So I open the vote for resolution #8. [Voting]

I close the vote. Now is a vote on the resolution number #9, Mr. Andre Boulanger. [Voting]

I close the vote. Now resolution #10, this is the discharge for Madam Malgorzata Dabrowska, Vice President of the Management Board. [Voting]

I close the vote. I open a secret vote on Resolution #11 regarding Mr. Wojciech Kemblowski, Vice President of the Management Board and his discharge for the duties in 2025. [Voting]

I close the vote now. I open the vote on the resolution #12. This is Mr. Piotr Konieczny, Vice President of the Management Board. [Voting]

I close the vote. I open the secret vote on Resolution #13, Madam Magdalena Nowicka, Vice President of the Management Board. [Voting]

Now I close the vote. I open the secret vote on Resolution #14, Mr. Volodymyr Radin, Vice President of the Management Board. [Voting]

And I close the vote. I open the secret vote on Resolution #15, Madam Agnieszka Wolska, Vice President of the Management Board. [Voting]

I close the vote. I would like to confirm that for the discharge of the duties performed to form the reception litter for years, 131.776,746 against 1,042 abstentions, 4,340 on performance under Longer 31,76,746cr against 1,242 and absences 4, 347 million. Madam Matadors. 4 years 131,776,746 billion against 1,042 abstentions, 4, 347 million. Mr. Kamo for us, 131,776,40against 1,044,347 million. Mr. Pelkonen, 4 years, 131.776,746 million against 1,042 abstentions, EUR 4, 347 million. Mananitas 13176,7426 against 1,042, 4,343 million. Mr. Valder rain for years 131,776,746 against 1,0424,347 million. damages Caocao 131.776,746 against 1,240 to abstentions R4,347 million. I close the vote, and I would like to confirm that discharge was approved to all the members of the Management Board. I would like to thank the shareholders on my own behalf and also on behalf of other members of the Management Board for their trust and for the vote of this charge. Now point number 11. This is resolution #16, adoption of resolution, the approval of the periodic individual connective stability as well as the Supervisory Board members. I will read the draft of this resolution. This is Resolution #16 of the Ordinary General Meeting of BNP Paribas Bank Polska S.A. dated 14th of April individual and collective periodical stability assessment. -- of the Supervisory Board on Pianos, 18% product of 12 to item 8 of the articles of the solution will be a anakinconjunction with the policy. -- on the session of stability sizemembers of the BMD Paribas a recommendation set of the Polish financial supervisors Provisional Foley Accommodation #7, considering their governance role in the ordinary remitting results as follows: -- we are generating approves a positive individual core the periodical suitability as a board member of the then, which meets the conditions of the assessment prior to expert with the of office and prior evolved for a new term connections Nomination Committee and processes by isolation coming to on an the it has been passed. Do you have any questions regarding this resolution? I can't see any I open the vote on this resolution. Samaan. -- close the vote. So I say that the resolution is being adopted for EUR 127 million 66.735 votes against 865,5761mil and abstentions 3,159 votes. The next item 12 on the agenda relates to the assessment of adequacy of bank's internal gains regarding function of supervisory vote and effectiveness of its operations. in accordance with the supervision agency of March of the compliance with the requirements by the quite banks, internal rations and set recommendation of the on the governance in the bank as provided for in the recommendation. This assessment should be made by the general meeting after the General Meeting has been given information particularly following a self assessment of the internal regulations of the Supervisory Board as provided by the President of the Service Board. And these assessments are provided on the website. And this also an expert study has been provided by an independent auditor and also has been made available to you. And I will read the draft resolution #7 of the ordinary general meeting of Paribas dated April 2026. On the assessment of the Cosi banks internal regulation regarding functioning of iron effectiveness of its operations. Acting pursuant to recognition at of the Polish financial solutions concerning internal government suing banks in conjunction with Parago 2 to Item 8 of verticalation of the bank. -- the order General Meeting or office for Apananuary meeting taking into consideration report on the independent assessment of banks international of the superior growth. PPP Bank Polska in terms of recommendations that's prepared by external report of the serpentinite were adopted by resolution of is both #35, 2020 as dated on March 2026. From the servaluation servisorybo regarding the actor regulation in the functioning of the survivor are effective operations. and list of regulations on the function of this advisory as described in the report of the Supervisory tapestry of internal regulations. -- content relations portion the banks exited the Investor Relations Corporate Government section, assessed at the bank's internal ligation adequately able savior able to operate effectively. Supervisory Board performs bank effectively and efficiently during polarities and accordance with law. -- including any code of compressor company's partnerships, the banking law and the banks take association as well as the accommodation of the published financial is authority and the company governance principle bipart the resolution and intervals on the date of its option. Do you have any questions about the resolution # 17. So I open a vote on Resolution #1. I close the vote -- the resolution has been adopted for BRL 128 million sales and 3,296 billion. now work against and abstentions 3,15,039 votes. And the next item of the agenda is to grant the vote of acceptance the members of the Supervisory Board for 2025. And this also a secret ballot. If you allow me, as per analogy to about the members of the management board. I will read the content, and then I'll only give specific names later. So first on exertion 18 in a general meeting of the MB Pariba Bank Polska S.A. dated 14 April 2026. On granting a bot in substance, the member of Suvisory Bodo Bank for the fulfillment of ties in the financial year 2020. Acting purse went to Arctic 395 Parag, 2 Item 3 of the commercial companies and both shiractions with Pago subparagraph on Item 4 of the optic Association. The general meeting is also follow paragraph ordinary general meeting granite System Lutostanski, Chairwoman of the Supervisory Board of BNB Parka for the fulfillment of duties in the financial year 2022. And Parigothose so we will enter into pose on the date of its adoption. So I open secure belt on resolution number. I open a vote particularly ballot on Francois Andre Berard. I open a secret ballot on resolution 2 Mr. Jean ShaMaran. I close the vote. I open a secret vote on this number 21 gas secret ballot on -- so we had a assertion #2. I close the vote open the secret ballot on desolation 23 Monica. close the vote. I open a secret vote on resort 24 Marika. or close to vote opened a secret vote on the resolution. Vincent mets. I close the vote open a secret vote. -- on Session #26, Mr. Pittas. I close the vote. -- open is you could vote on resolution #27, Caton Powers. I close the vote. I open a secret vote on reversion #28, Jacques in, Mr. Jacques Lala. I close them out, open a secret vote on vision or 29, Mr. Mario are. -- so these are the results of the vote on granting acceptance for Vitis, EUR 131 million 37,460,152 against and 2,347 against. And for Mr. Francois Adrenaroa, EUR 131,000,746 substantials against 1,000 to 122 abstentions, 347. And Ms. Sosland, 17,460 and against 242 million and -- and for Metasearch, 131,77746i and against 1,442 and abstentions 347. Ms. Posay, EUR 131,776,274 million. 46,000 and 1,242 against and 400, EUR 337 million and the same number for with 242,000 against and 4, 347 against for Ms. Leanne and Misiones 131 6,146 against 1,242 and abstentions 347. Mr. 1,726,324 against 1,242 and against INR 4,340 million Ms. Carlin Peres, 131,77,464,11,242 cast and 347. Mr. Giardino, for EUR 131,776,746 million against 1,242 and absent 4,374 Eleazar, EUR 131 million 6,176 and 1,242. And against Estenson -- so I -- all the members of the supervisory boards were affirmed, and congratuate them. So on behalf of the Supervisory Board, I would like to thank you for your confidence and for giving us this grant discharge for 2025. Now we move to the independent assessment application administry policy. -- at back 2. So this is the drop resolution. Resolution #3 of the ordinary general meeting of the BNP Pariba pan Polska S.A. dated 14 April 26. -- on the independent assessment application of the innovation policy and BNP Pariba, Bankoa. -- acting pursuant to Paragraph 28 Paragraph 3 and 4 the principles, corporate governance for the supervise institution issued by Polish financial Pisauthority in conjunction with a 1 item 8 of the at association of the bank, the ordinary generating as follows. Following the review tender meeting is obviously report on the independent assessment of remun policy at BNP Bank an Polska in 2025, including the remuneration policy for persons having a material impact on the risk profile of PPP Bank Polska considers that reverse policy suppose development and security of the operations of the bank and Paragraph the resolution shall come into the call on the day of its adoption. Do you have any comments on this resolution? I can't see any. So this vote on Resolution 3. I close the vote. So the resolution for the resolution of EK128million 949 million against and the station is EUR 3.150 billion. 486. So the resorting being adopted. And the next item 650 is passing a resolution on the opinion regarding the Supervisory Board report and Management Board and Supervisory Board. So this is the drop to resolution #31 of the ordinary generating of the BNP Paribas case, dated 14 April 26, in the opinion regarding survisory oars Management Board and Supervisory Board members of the member of the bank in 2025. Acting pursuant to Article 39 Paragraph 1 and 6 of the all public offering and conditions for thinfinancial instruments to the organized trade existing allinpublic companies. And Altico95paragrap tout the commercial companies in Kos, the General Meeting our linear general meeting results as fall of Paragraph 1. The other engineering meeting issues a positive opinion regarding supervisory vote report on innovation and management, both in person members of the BNB Paribas. Paragraph 2, the resolution shall come into pause on the day it's been passed. Any questions to the resolution? I can't see any -- thank you. So I open the vote on the solution -- so I close the vote. So for 17,765,74U4,16,961 million votes against and no abstention. So in light of this, the resolution has been adopted. So we move on to item 17 -- 16 and 17 of the resolution are determining the number of members of the supervisory in term and the resolution #17. -- resolutions regarding the appointment of new members for the new term of Supervisory board -- so first, we need to determine the number of this -- for number of members for the new term. You have been given the CVs of the candidates for the new members of the Supervisory Board. They are all the existing members of the survisory Board that the grid can be candidates and these candidates were proposed by the BNP by the bank. So the independence was checked and all the candidates have knowledge and experience that is required for -- to be a member of the survisory boat, and they provide a reliable guarantee that they could be -- and as per the provisions of the banking law. So resolution 2 -- so the site meeting of the bank, the on determining the number of members of the Suvisory Board of the BNP Pariba Polska a new term. So acting first antibiogram 16, 1 of tonic Association of the bank. The general meeting is also as follows: Paragraph number of members of both bank for the near term is hereby set as 12 persons and Paragraph 2 resolution shares on the day with adoption. Any comments on this job resolution. I can't see any. Thank you. So I open a vote on resolution #32. -- so the BRL 128.6 674 million against EUR 529 million and abstentions, 3.153 billion. In light of this, the resolution has been adopted. So we move to the appointment of members of the Supervisory Board for the near term. as an by analogy as to the discharge of the members. So our Revofirst time the resolution and then just the names. So the first resolution #3 of the Borgeneral Meeting of the Bank of dated April 2026 on the appointment of a member of supervisory vote of BNP Paribas Bank Poska for the near term. and acting pursuant Manager of 12 Section 2 Item 2 and Paragration of the bank General Meeting as results as follows: number one, Ms. Instance was here by appointed members advisory Board of the bank for the near term. and Paragraph shall come into base on the diet of its adoption. Any questions to this resolution then. So I open a secret ballot on the resolution. I close the vote. I open a secret vote on reversion 84, which is on Mr. Francois -- but close the vote and I open a secret vote on resolution which concerns Ms. So Adam to I close the vote. -- opening could vote on resolution 6, Ms. Or open secret vote on resolution #37 concerning Ms. Sapele. I close the secret I hope as you bet on solution #38, Ms. Monica are. I close the vote our open secure on 39, which concerns Ms. Moses. I close the vote. -- open a second on resolution #4, concerning Vincent. close to vote open a secret about suction #41 concerning Ms. Peak. I close the vote. I open a secret ballot on resolution 2, actual Ms. Kathleen Powers. I close the good votes. And I open cooldown resolution #43, are closed the secured notes, open security 44 concerning Ms. Maria vary. I close the vote. So as regards to the appointment of the misprint BRL 127 million 5,903 against 86 3,393 and statins 15,029 million. So in light of this devolution is being adopted. -- and super 12776,235865,562 gains and EUR 3.5 billion 039 potentials. So in light of this erosion has been adopted. -- and Mr. Jan Seland127,765, 374 million for 66,920 against and 3,150,039 substantials, several resources have been adopted. Ms. Makos tagruzchak, 127,767,2644 million against EUR 865,032 and substantial is EUR 3.13 billion both. So in light of this, there is us being adopted. Moira, 127.7 million 354 million against 865,561 votes and 3,159 votes abstained. So in light of this, the resolution has been adopted. -- form Monica Kacar, EUR 12.77 million, and 65,022 votes against and abstention 3,150,039 votes. So stone been adopted. -- and Ms. Basaglar for 127,767,264 million against 865,032, abstentions 35 million or 150,039.Misbins in Metso EUR 127.6 million 35 million and against 865865,31 and abstentions 81. And for Mr. Medicoski, 127,167,735 and against EUR 865,561million and 15,049 million votes abstained. So reduction has been adopted. And also the previous resolution has been opted and Muscatine power is 127,766,735f, 865 86,056 against and premium 150,039 abstained. So Jared the resolution be adopted. And Mr. Jacquin, EUR 137 million, EUR 60 million, EUR 65 million. and 865,080-33 against and 3,160,059 abstained. So resolution has been adopted. -- for Mr. Marius Marek, 127 and 7663354l,865,561 again and 3,159 votes abstained. -- the resolution be adopted -- so I congratulate all the members on their appointment. -- and all the resolutions have been adopted in a secret ballot. All the members have been appointed for this new term. So on my behalf, I would like to thank our trust and for the selection of the Supervisory Board as proposed. And the last item of is to present information to the visor by changes introduced by base boat -- it is strictly informative on the 17. So the survivor made the changes to the loss of our servicer board for -- so the change -- these changes were introduced in order to adapt to align its revisions with the now act on new independent auditors for reporting our sustainable development in Para and also to adapt it to the statute of the bank in Paragraph 15. And also in accordance with accommodations at Paragraph 27 million -- and an exact description of these changes into these bylaws were provided to the -- on the website, and they also received on the -- this was also made available to you. So given that we have exhausted the agenda, I would like to thank you very much for your active participation in this meeting. Thank you very much. I close the meeting. Thank you very much, and I will be seeing you. [Statements in English on this transcript were spoken by an interpreter present on the live call.]