Management Board's representations

1. True and fair nature of the presented reports

The Management Board of Bank Pocztowy S.A. represents that according to its best knowledge:

• The annual consolidated financial statements and the comparative data have been prepared in line with binding accounting principles and provide a true, fair and clear view of the economic and financial position as well as the financial performance of the Bank Pocztowy Capital Group;
• Management Board’s report on the activities of the Bank Pocztowy Capital Group provides a true view of the current standing and achievements of the Group, including description of key risks and threats.

2. Appointing entity authorized to audit financial statements

The Management Board of Bank Pocztowy S.A. represents that the entity authorized to audit financial statements, Deloitte Polska Sp. z o.o. Sp. k. (formerly: Deloitte Audyt Sp. zo.o.) auditing the annual consolidated financial statements of the Bank Pocztowy Capital Group for 2014, has been appointed in accordance with the law. The entity and certified auditors have fulfilled conditions necessary to issue an unbiased and independent audit opinion in accordance with the valid regulations and professional standards.

The Management Board’s report on the activities of the Bank Pocztowy S.A. Capital Group for 2014 includes 111 pages bearing sequential numbers.


Signatures of Management Board Members of Bank Pocztowy S.A.

 

19 March 2015	Szymon Midera Deputy Chairman of the Management Board, Acting Chairman of the Board
19 March 2015	Hubert Meronk Member of the Management Board
19 March 2015	Michał Sobiech Member of the Management Board
19 March 2015	Paweł Spławski  Member of the Management Board