ING Bank Śląski SA

April 11, 1988 Ordinance of the Council of Minister on establishing Bank Slaski in Katowice. February 1, 1989 Bank Slaski in Katowice commences its operations. October 18, 1991 Transformation of Bank Slaski from a state-owned bank into a joint stock company (100% owned by the State Treasury). September 3, 1993 Securities Commission consents to public trading of Bank Slaski S.A. shares. January 13, 1994 ING acquires 2.4 million shares in the Bank, that is 25.9% of its capital stock. January 25, 1994 BSK SA shares are quoted for the first time on the Warsaw Stock Exchange, reaching a record price of PLN 675. July 18, 1996 ING acquires 671,184 shares. July 24, 1996 ING acquires 1,937,000 shares, thus becoming the owner of 54.08% of the Bank's capital stock, On December 31, 1998, ING Bank N.V. held 54.98% of BSK S.A.'s capital stock. March 9, 2001 Announcing the tender offer for sale of BSK S.A. shares by ING Bank N.V. April 23, 2001 Completion of the tender offer, as a result of which ING Bank N.V. purchases additionally 1,365,782 shares. The stake of ING constitutes 74.73%. of total number of BSK S.A. shares and the same percentage of total votes at the General Shareholders Meeting. June 18, 2001 ING Bank N.V. purchases 34,817 shares of Bank Śląski S.A. As a result of the purchase ING Bank N.V. holds 6,979,212 shares, which provides ING Bank N.V. with the same number of votes at the General Shareholders Meeting as well as constitutes 75.37% of total number of BSK S.A. shares and the same percentage of total votes at the General Shareholders Meeting. June 28, 2001 At the General Shareholders Meeting of Bank Śląski the resolutions are passed on new issue of shares, so that Bank Śląski could take over the Warsaw Branch of ING Bank N.V. As a result of merger 3,750,000 bearer’s shares of B series will be issued in exchange for the in-kind contribution in the form of Warsaw Branch of ING Bank N.V. The new issue of shares will be totally taken up by ING Bank N.V. August 1, 2001 As a result of SE transactions ING Bank N.V. holds 82.81% shares and the same percentage of total votes at the General Shareholders Meeting. August 20, 2001 ING Bank N.V. places in the Brokerage House of BSK S.A. a subscription for “B” series shares in the number of 3,750,000, of nominal value PLN 10 each and issue price PLN 265. The subscription is equivalent to accepting the offer for purchase of shares of this issue. August 22, 2001 Completion of the subscription and assigning the “B” series shares of Bank Śląski S.A. Due to passing at the General Shareholders Meeting of BSK on 28th June 2001 a resolution on exclusion of the stock right for current shareholders, the entire issue will be taken up by ING Bank N.V. by the way of private subscription, as a consequence of subscription placed on 20th August, in exchange for non-cash contribution in the form of ING Warsaw Branch. September 6, 2001 Bank Śląski, being a member of the ING Group and implementing its strategy, initiates activity under the new name of ING Bank Śląski S.A. September 17, 2001 District Court in Katowice, Economic Division of the National Court Register, registers an increase of ING Bank Śląski Spółka Akcyjna equity in the amount of PLN 37,500,000. After increase the equity of ING Bank Śląski S.A. equals PLN 130,100,000 and divides into 13,010,000 ordinary bearer’s shares of nominal value PLN 10.00 each. ING Bank N.V. holds presently 11,418,641 shares and votes at the General Shareholders Meeting of ING Bank Śląski S.A., which constitutes 87.77% of equity and the same percentage of total votes at the GSM of the Company. October 1, 2001 ING Bank Śląski Spółka Akcyjna signed with ING Bank N.V. with seat in Amsterdam (ING Bank N.V.) an agreement on in-kind contribution in the form of Warsaw Branch of ING Bank N.V. to ING Bank Śląski S.A. to cover the shares taken up in increased initial capital. ING Bank N.V. made a non-cash contribution in the form of the Company to cover the shares taken up by them in the increased initial capital of ING Bank Śląski S.A. – 3,750,000 "B" series shares of nominal value PLN 10.00 each and issue price PLN 265.00.

Address: Sokolska 34, 40-086 Katowice, Slaskie, Poland

Phone: +48 32 357 0069
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