Corporate bodies and governance

Corporate Bodies

Supervisory board

Management board

Shareholders

The European Bank for Reconstruction and Development (“EBRD”) that is the shareholder of Bank Millennium S.A. (“Bank”), has agreed with Millennium BCP with regard to co-operation in the area of election of a member of Bank’s Supervisory Board indicated by EBRD.

Position of the Bank’s authorities regarding Principles of Corporate Governance for Supervised Institutions

Rule for changing the entity authorised to audit financial statements.

The entity authorized to audit financial statements is selected by the Supervisory Board, not less frequently than every 5 years, after the consideration of the recommendation in this respect presented by the Management Board of the Bank.

By the virtue of the Resolution of the Supervisory Board of Bank adopted at its meeting on 22 October 2015, PricewaterhouseCoopers sp. z o.o., with its registered office in Warsaw at 14 Armii Ludowej Ave is the entity authorized to audit financial financial statements of the Bank Millennium S.A. and Capital group of the Bank Millennium.