Statement of the Management Board

The Management Board of Bank Millennium SA hereby declares that:

• to the best of their knowledge, the information disclosed in accordance with section eight of the CRR was prepared in accordance with internal control processes;
• to the best of its knowledge, the adequacy of risk management arrangements in Bank Millennium SA, ensures that the risk management systems in place are adequate to the risk profile and strategy of the Bank and the Group
• approves this „Capital Adequacy, Risk, Remuneration Policy Report of Bank Millennium Capital Group as at 31 December 2019 „, which contains information about risk, discusses the general risk profile of the Bank and the Group associated with the business strategy and in which key indicators and figures were included, providing external stakeholders with a comprehensive view of risk management in the Bank Millennium SA Group, including the interaction between the Bank’s risk profile and risk appetite, definedby the Management Board and approved by the Supervisory Board.