In connection with Current report 47/2015 dated 24 October 2015, Getin Noble Bank S.A. ("Issuer") hereby reports that the Polish Financial Supervision Authority ("Commission") determined the amount of an additional shareholders' equity requirement as regards Getin Noble Bank S.A. Group (“Capital Group”).

The Commission pointed out that the adequate level of own funds on covering the additional requirement concerning shareholders’ equity in order to hedge mortgage FX loan risk should be kept both for the Bank (according to the level shown in Current report 47/2015) as well as for the Capital Group.

Considering the above and having verified the Capital Group, the Commission recommended to keep own funds on covering the additional equity requirement on 2,01 p.p. level in order to hedge mortgage FX loan risk that should composed of at least 75% of Tier 1 (equivalent of 1,51 p.p.).

It means that the minimum capital ratios, taking into account the additional capital requirement recommended by the Commission and ordered to be reached by the end of June 2016 are as follows:

By the Capital Group:
T1 – 11,76%
TCR – 15,26%

By the Issuer:
T1 – 11,77%
TCR – 15,28%

Additionally, the Commission recommended to the Bank to increase its own funds by retaining the whole profit generated by the Bank for the period from 1 January 2015 to 31 December 2015.

Legal basis: Art. 56 (5) of the Act on public offering and conditions of introducing financial instruments to organized trading system and on public companies (Journal of Laws of 2005 No. 184, item 1539, later amended).