Decision to discontinue activities aimed at obtaining a financial investor

In reference to the current report No 111/2018 of 13 December 2018, the current report No 13/2019 of 1 February 2019 and the current report No 39/2019 of 14 June 2019, Getin Noble Bank S. A. (the “Bank”) discloses to the public that on this date, it received information from the investment advisor representing the Bank in the process of attracting a financial investor that during the ongoing talks with selected private equity funds in connection with their non-binding offers (the “Offers”), of which the Bank informed in the current report No 39/2019 of 14 June 2019, it was not possible to agree on the financial terms of the transaction aimed at recapitalising the Bank.

In addition, the Bank informs that on this date, it received a representation from the main shareholder of the Bank, Dr Leszek Czarnecki, that he did not intend to continue the talks based on the Offers as the financial terms of the transaction could not be finally determined.

In view of the above, the Management Board of the Bank decided to discontinue the activities undertaken in December last year in connection with the ongoing process of attracting a financial investor who would make a capital injection into the Bank, of which the Bank informed in the current report No 111/2018 of 13 December 2018.

Moreover, the Bank informs that it is in the process of developing a strategy for strengthening the Bank’s capital position and meeting domestic regulatory standards through sustainable restoration of profitability. At the same time, the Bank does not rule out the possibility of future measures to raise external capital.

 Legal basis: Article 17 paragraph 1 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 (MAR).