Warsaw, 31 March 2026 Management Board of Powszechny Zakład Ubezpieczeń Spółka Akcyjna | |||
Motion to the Shareholder Meeting of PZU SA | |||
Refers to: The Management Board's report on representation expenditures and expenditures for legal, marketing, public relations and public communication services and management consulting services for the year 2025. | |||
Content of the motion: It is requested that the Management Board's report on representation expenditures and expenditures for legal, marketing, public relations and public communication services and management consulting services for the year 2025 be considered, as set out in the annex to the motion. The Management Board's report on representation expenditures and expenditures for legal, marketing, public relations and public communication services and management consulting services for the year 2025 presents as follows: | |||
EXPENDITURES | 2025 [PLN million] | ||
MARKETING SERVICES including costs of media advertising, PZU brand promotion, marketing research and sponsorships | 68.22 | ||
MANAGEMENT CONSULTING SERVICES including transactional, strategic and tax advisory, audits and auditor services | 28.96 | ||
PR AND COMMUNICATIONS SERVICES including costs of PZU Group communication strategy in the media, CSR, organization of press conferences and publication of results | 5.59 | ||
LEGAL SERVICES including in key M&A projects | 13.11 | ||
REPRESENTATIVE including sales support costs relating to broker and agency network, meetings with counterparties, shareholders | 1.09 | ||
Reasons: The Company's Management Board, pursuant to § 27(2)(1) of the Articles of Association of PZU SA, prepares and presents to the relevant bodies of the Company the report on representation expenditures and expenditures for legal, marketing, public relations and public communication services and management consulting services. Pursuant to § 18(1a) of the Articles of Association of PZU SA, the powers of the Shareholder Meeting include, in addition to other matters reserved to its competence in accordance with the law or the Articles of Association, adopting resolutions on the following matters: review of the Management Board's report on representation expenditures, and expenditures for legal, marketing, public relations and public communication services and management consulting services. The Supervisory Board considered the Report and gave it a favorable opinion. The report is not subject to audit by the statutory auditor. | |||
Present on behalf of the PZU SA Management Board: /Bogdan Benczak/ /Maciej Fedyna/ |
Attachments: Draft resolution of the PZU SA Ordinary Shareholder Meeting on the PZU SA Management Board's report on representation expenditures and expenditures for legal, marketing, public relations and public communication services and management consulting services for the year 2025 including the annex. |
Pursuant to § 18(1a) of the Articles of Association of Powszechny Zakład Ubezpieczeń Spółka Akcyjna , it is hereby resolved as follows:
§ 1
The Ordinary Shareholder Meeting considered the PZU SA Management Board's report on representation expenditures and expenditures for legal, marketing, public relations and public communication services and management consulting services for the year 2025, as set out in the attachment to the resolution.
§ 2
The Resolution comes into force when adopted.
Chair
of the PZU SA Ordinary Shareholder Meeting
REASONS for the draft resolution of the PZU SA Ordinary Shareholder Meeting on the PZU SA Management Board's report on representation expenditures and expenditures for legal, marketing, public relations and public communication services and management consulting services for the year 2025.The subject of the Ordinary Shareholder Meeting should be the consideration of the report of the PZU SA Management Board's report on representation expenditures and expenditures for legal, marketing, public relations and public communication services and management consulting services for the year 2025.
The obligation of the Shareholder Meeting to consider this report arises from the Articles of Association of PZU
SA (§ 18(1a)).
Detailed justification is provided in the Managements Board's proposal and the accompanying materials.
The PZU SA Supervisory Board positively assessed the report and recommends its consideration by the Shareholder Meeting.
Attachment to Resolution of the Ordinary Shareholder Meeting of PZU SA dated 18 June 2026
PZU SA Management Board Report on representation expenditures and expenditures for legal, marketing, public relations and public communication services and management consulting services for the year 2025Powszechny Zakład Ubezpieczeń Spółka Akcyjna presents a summary of expenses incurred
in 2025
1.09
REPRESENTATIVE
including sales support costs relating to the brokerage and agency network, meetings with business partners, shareholders
13.11
LEGAL SERVICES
including in key M&A projects
5.59
PR AND COMMUNICATION SERVICES
including the cost of the PZU Group's communications strategy in the media, CSR, organization of press conferences and publication of results
28.96
MANAGEMENT CONSULTING SERVICES
including transaction advisory, strategic advisory, tax advisory, auditing and auditor services
68.22
MARKETING SERVICES
including the cost of media advertising, PZU brand promotion, marketing research and sponsorship
2025 [PLN million]
EXPENDITURES
Signatures of PZU SA Management Board Members
Bogdan Benczak - President of the PZU SA Management Board | ||
Bartosz Grześkowiak - Management Board Member | ||
Elżbieta Häuser-Schöneich - Management Board Member | ||
Tomasz Kulik - Management Board Member | ||
Jan Zimowicz - Management Board Member |
Tomasz Tarkowski - Management Board Member
Maciej Fedyna - Management Board Member