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Benefits for supervisors and managers

According to principles of remuneration of the Bank’s Management Board members, which came into force on 7 November 2012 and take into consideration provisions of the Resolution No. 258/2011 of PFSA, members of the Bank’s Management Board are entitled to:
1)    monthly remuneration at an amount determined by the Bank’s Supervisory Board,

2)    benefits payable to employees of the Bank (excluding benefits payable to employees under Works Collective Agreements – Zakładowe Układy Zbiorowe Pracy - ZUZP):

  • under the common binding laws,
  • under the Bank’s internal regulations, with standardised or exceptional character, for which the grant basis is not an evaluation of the Member of the Bank’s Management Board work effects or the result of the area or the Bank supervised by him,

3)    variable remuneration paid in accordance with the ‘Rules and regulations for variable remuneration components of the Management Board Members’.

Remuneration for the Management Board Members (in PLN thousand)

  Remuneration from PKO Bank Polski SARemuneration (in cash) from PKO Bank Polski SA for the Bank’s Management BoardShare-based payments settled in cash 
receivedreceivedpotentially duereceived and due*potentially due
Name and surname Function 2014 2013 2014 2013 2014 2013 2014 2013 2014 2013
Zbigniew Jagiełło President of the Management Board  2,265 2,119 79 -  419 229 768 339 419 229
Piotr Alicki Vice-President of the Management Board 1,687 1,608 59 -  274 167 572 266 274 167
Bartosz Drabikowski Vice-President of the Management Board 1,907 1,777 65 - 334 185 669 293 334 185
Piotr Mazur Vice-President of the Management Board 1,713 1,351 1  -  176 -    265 -    176  -   
Jarosław Myjak Vice-President of the Management Board 1,653 1,553 55 -  255 157 526 242 255 157
Jacek Obłękowski Vice-President of the Management Board 1,694 1,577 54 -  268 152 548 241 268 152
Jakub Papierski Vice-President of the Management Board 1,717 1,594 56  -  295 163 599 258 295 163
Total remuneration for the Management Board 12,637 11,579 368  -  2,022 1,052 3,947 1,639 2,022 1,052

*with charges

remuneration_for_the_management_board_members_.xlsx

Principles of the remuneration of Supervisory Board members
Ordinary General Shareholders’ Meeting of PKO Bank Polski SA by the Resolution No. 36/2010 of 25 June 2010 established the monthly salary for members of the Supervisory Board of:

  • Chairman of the Supervisory Board – PLN 16 000,
  • Deputy-Chairman of the Supervisory Board – PLN 14 000, 
  • Secretary of the Supervisory Board – PLN 12 000, 
  • Member of the Supervisory Board – PLN 10 000.

Supervisory Board members are entitled to remuneration regardless of the frequency of meetings convened.

Regardless of the remuneration, the Members of the Supervisory Board are entitled to reimbursement of the costs incurred in connection with performing the function, and in particular travel costs from the place of residence to the location of the Supervisory Board’s meeting and back, costs of accommodation and board.

Remuneration received by the Supervisory Board Members (in PLN thousand)

Specification20142013
Supervisory Board    
Remuneration received, due or potentially due from PKO Bank Polski SA 1,157 1,222
Remuneration received, due or potentially due from related parties* - -
Total remuneration received, due or potentially due 1,157 1,222

* Other than the State Treasury and the State Treasury’s related entities.

remuneration_received_by_the_supervisory_board_members.xlsx

Full information regarding the remuneration and other benefits on behalf of the members of the Management Board of PKO Bank Polski SA and the Supervisory Board in the reporting period has been presented in the Financial Statements of PKO Bank Polski SA for the year ended 31 December 2014.