Termination of the conditional agreement on the sale of brokerage house shares

In reference to current report No 58/2018 of 21 June 2018 and current report No 79/2018 of 7 September 2018, Getin Noble Bank S.A. (the “Bank”) informs that on this day, it concluded, with Mercurius Dom Maklerski Sp. z o.o. with its registered office in Warsaw, an agreement on the termination of the conditional agreement on the sale of registered shares of the brokerage house Noble Securities S.A. with its registered office in Warsaw (the “Company”) to Dr Leszek Czarnecki (the “Agreement”). Pursuant to the memorandum of understanding, the Agreement will be terminated on 29 May 2019.

The reasons for terminating the Agreement included, among others, analyses carried out by the Bank as a result of external factors and changes on the financial market, which resulted in the conclusion that further efforts to finalise and settle the sale of the block of shares in the Company were not justified from the economic point of view and would not bring the expected positive financial outcome from the recognition of the loss of control over the Company, as assumed in the Capital Conservation Plan.

In addition, the Bank informs that on this date, it became aware of the termination of the conditional agreement on sale of the Company’s shares, concluded by Mercurius Dom Maklerski on its own behalf but at the request of the Bank with Dr Leszek Czarnecki.

Legal basis: Article 17 paragraph 1 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse — confidential information