Financial and
ESG report 2020

39a. Capital

The share capital of the Bank Millennium S.A. (equal to the Group’s share capital) is PLN 1,213,116,777 divided into 1,213,116,777 shares of PLN 1 par value each, as presented by the table below.

SHARE CAPITAL Par value of one share = 1 PLN.
Series/
issue
Share type Type of preference Number of shares Value of series/issue (PLN) Manner of capital
coverage
Registration date Right to
dividend
A registered founder x2 as to voting 106 850 106 850 cash 30.06.1989 30.06.1989
B1 registered ordinary 150 000 150 000 cash 13.06.1990 01.01.1990
B2 registered ordinary 150 000 150 000 cash 13.12.1990 01.01.1990
C bearer ordinary 4 693 150 4 693 150 cash 17.05.1991 01.01.1991
D1 bearer ordinary 1 700 002 1 700 002 cash 31.12.1991 01.01.1992
D2 bearer ordinary 2 611 366 2 611 366 cash 31.01.1992 01.01.1992
D3 bearer ordinary 1 001 500 1 001 500 cash 10.03.1992 01.01.1992
E bearer ordinary 6 000 000 6 000 000 cash 28.05.1993 01.01.1992
F bearer ordinary 9 372 721 9 372 721 cash 10.12.1993 01.01.1993
G bearer ordinary 8 000 000 8 000 000 cash 30.05.1994 01.10.1993
H bearer ordinary 7 082 129 7 082 129 cash 24.10.1994 01.10.1994
Increasing of par value of shares from 1 to 4 PLN 122 603 154 surplus 24.11.1994
1:4 split 122 603 154 05.12.1994
I bearer ordinary 65 000 000 65 000 000 cash 12.08.1997 01.10.1996
J bearer ordinary 196 120 000 196 120 000 capitals of Bank Gdański S.A. 12.09.1997 01.10.1996
K bearer ordinary 424 590 872 424 590 872 cash 31.12.2001 01.01.2001
L bearer ordinary 363 935 033 363 935 033 cash 26.02.2010 01.01.2009
Total number of shares 1 213 116 777
Total share capital 1 213 116 777

In the reporting period there was a conversions of 232 ordinary registered shares into the bearer shares. As a consequence number of registered shares as of 31.12.2020 amounted to 107,608, of which 61,600 are founders’ shares, privileged so that one share entitles to two votes at the Annual General Meeting.

Because the Bank is a public company whose shares are traded on the WSE primary market, the Bank has no detailed information about the shareholding structure as of December 31, 2020. Information on the ultimate parent company – Banco Comercial Portugues S.A. presented in the table below, is provided on the basis of data collected in connection with the registration of shareholders entitled to participate in the Bank’s General Shareholders Meeting held on 3rd July 2020.

In case of Nationale-Nederlanden OFE, PZU “Złota Jesień” OFE and AVIVA Santander OFE Aviva Santander the number of shares and their participation in the Bank’s share capital were calculated on the basis of annual asset structure, published as at 31 December 2020 (published on the websites, respectively: www.nn.pl, www.pzu.pl and www.aviva.pl. For the purpose of the above calculation, the average Bank’s share price was assumed to amount to 3.3088 PLN.

The largest shareholders of the Group’s parent entity – the Bank – (above 5% share in the vote at the General Shareholders Meetings) were as follows:

Shareholder 31.12.2020 Number of shares % share in share capital Number of votes % share in votes at Shareholders’ Meeting
Banco Comercial Portugues S.A. 607 771 505 50.10 607 771 505 50.10
Nationale-Nederlanden Otwarty Fundusz Emerytalny 109 924 704 9.06 109 924 704 9.06
Otwarty Fundusz Emerytalny PZU „Złota Jesień” 85 697 263 7.06 85 697 263 7.06
Aviva Otwarty Fundusz Emerytalny Aviva Santander 76 760 035 6.33 76 760 035 6.33
Shareholder 31.12.2019 Number of shares % share in share capital Number of votes % share in votes at Shareholders’ Meeting
Banco Comercial Portugues S.A. 607 771 505 50.10 607 771 505 50.10
Nationale-Nederlanden Otwarty Fundusz Emerytalny 100 000 368 8.24 100 000 368 8.24
Aviva Otwarty Fundusz Emerytalny Aviva Santander 76 760 317 6.33 76 760 317 6.33
Otwarty Fundusz Emerytalny PZU „Złota Jesień” 67 593 025 5.57 67 593 025 5.57

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