BOŚ S.A. Group 1H 2013

BOŚ S.A. Group 1H 2013

BOŚ S.A. Group key information Slajd 2 z 31 Slajd 2 z 31

Key financial data of BOŚ S.A. Group quarterly data (thou PLN) 1Q 2012 2Q 2012 1Q 2013 2Q 2013 Change q/q (2Q 2013 vs. 1Q 2013) Change Y/Y (2Q 2013 vs. 2Q 2012) Net interest income 68 430 70 479 66 154 65 866-0,4% -6,5% Net commission & fee income 25 663 25 125 25 251 26 451 4,8% 5,3% Net operating income 106 274 128 949 113 579 132 114 16,3% 2,5% Gross profit 15 224 11 776 21 292 29 855 40,2% 153,5% Net profit 12 325 11 382 16 831 22 654 34,6% 99,0% data at the end of given period (% / thou PLN) 31.03.2012 30.06.2012 31.03.2013 30.06.2013 Change q/q (30.06.2013 vs. 31.03.2013) Change Y/Y (30.06.2013 vs. 30.06.2012) CAR 13,14% 15,02% 14,23% 14,11% -0,12 p.p. -0,91 p.p. Loans and advances to customers 11 079 794 11 146 743 11 103 702 11 462 426 3,2% 2,8% Liabilities 11 092 595 11 089 093 12 760 076 12 820 360 0,5% 15,6% Assets 15 728 654 15 995 015 17 683 722 17 626 333-0,3% 10,2% ROE C/I 5,4% 80,0% 2,9% 74,8% Slajd 3 z 31 2012 1H 2013 2012 1H 2013

Key information about BOŚ S.A. Group BOŚ S.A. Group Structure 100% Bank Ochrony Środowiska S.A. 100% Headquarters BOS Finance AB 99,62% Invest Management Banku Ochrony Środowiska S.K.A. Dom Maklerski Banku Ochrony Środowiska S.A. 17 Branches 11 Corporate centers 100% 0,38% 77 Operating branches BOŚ Eko Profit S.A. Shareholders Number of branches 43,38% 56,62% 99 94 National Fund for Environmental Protection Others 1H 2012 1H 2013 Slajd 4 z 31

Customers of the Bank Source: Bank, numbers in thou Number of customers Number of customers using electronic channels 8 thou 0,7 thou 200 215 218 216 224 118 114 114 110 109 2010 2011 2012 1H 2012 1H 2013 2010 2011 2012 1H 2012 1H 2013 Debit and credit cards Number of accounts* 2 thou 9 thou 141 163 154 151 153 202 196 202 199 208 2010 2011 2012 1H 2012 1H 2013 2010 2011 2012 1H 2012 1H 2013 Slajd 5 z 31 * Including savings accounts

Marcroeconomic background Slajd 6 z 31 Slajd 6 z 31

Macroeconimic background 1/2 GDP, consumption and investment dynamics Inflation 6,0 5,0 4,0 3,0 2,0 1,0 0,0-1,0 % YoY GDP consumption investment % Y/Y 1Q09 3Q09 1Q10 3Q10 1Q11 3Q11 1Q12 3Q12 1Q13 30 25 20 15 10 5 0-5 -10 6,0 % YoY CPI core inflation 4,0 2,0 0,0 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Jan-13 Employment and salaries dynamics Unemployment rate 6 % YoY % Y/Y 10 15 % thou Y/Y 400 4 2 0-2 -4 employment nominal salary real salary 5 0-5 14 13 12 11 10 9 annual change in number of unemployed unemployment rate 300 200 100 0-100 -200-6 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Jan-13-10 8 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Jan-13-300 Slajd 7 z 31

Macroeconimic background 2/2 Deposits dynamics Loans dynamics 30 25 20 % YoY % Y/Y deposits deposits of individuals deposits of institutions 30 25 20 50 40 30 % YoY loans % Y/Y consumer loans institutional loans mortgages 50 40 30 15 15 20 20 10 10 10 10 5 5 0 0 0 1Q09 3Q09 1Q10 3Q10 1Q11 3Q11 1Q12 3Q12 1Q13 0-10 1Q09 3Q09 1Q10 3Q10 1Q11 3Q11 1Q12 3Q12 1Q13-10 Interest rates PLN exchange rate 7,0 % 5,0 PLN 4,0 5,0 4,5 3,5 3,0 3,0 NBP reference rate WIBOR 3M 5y bond yield 1,0 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Jan-13 4,0 PLN/EUR PLN/USD (P) PLN/CHF (P) 3,5 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Jan-13 2,5 2,0 Slajd 8 z 31

BOŚ S.A. Group in 1H 2013 Slajd 9 z 31 Slajd 9 z 31

Ratios of BOŚ S.A. Group Net interest margin vs net interest income (m PLN) 18 ROA vs total assets (bn PLN) 1,5% 300 3,0% 250 200 150 100 50 0 1,8% 1,8% 1,8% 1,7% 1,5% 244 273 284 139 132 2010 2011 2012 1H 2012 1H 2013 2,0% 1,0% 0,0% 16 14 12 15,2 16,9 17,6 0,5% 15,6 16,0 0,4% 0,4% 0,5% 0,2% 2010 2011 2012 1H 2012 1H 2013 1,0% 0,5% 0,0% Net interest income Net interest margin Total assets ROA ROE vs capital (m PLN) C/I vs total income (m PLN) 1 600 10% 1 400 1 200 1 000 800 600 400 200 6,3% 5,6% 1 083 1 162 1 448 1 421 5,4% 1 457 2,9% 3,7% 8% 6% 4% 2% 1 200 1 000 800 600 400 200 76,6% 909 76,4% 80,0% 1 090 1 130 77,9% 74,8% 556 547 90% 80% 70% 60% 0 2010 2011 2012 1H 2012 1H 2013 0% 0 2010 2011 2012 1H 2012 1H 2013 50% Capital ROE Total income C/I Slajd 10 z 31

Profit Profit of BOŚ S.A. Group (m PLN) 73 77 42 27 89% 51 63 62 37 24 67% 39 2010 2011 2012 1H 2012 1H 2013 Gross profit 2010 2011 2012 1H 2012 1H 2013 Net profit Profit of the Bank (m PLN) 60 68 62 41 20% 49 54 59 58 3% 38 39 Slajd 11 z 31 2010 2011 2012 1H 2012 1H 2013 Gross profit 2010 2011 2012 1H 2012 1H 2013 Net profit

Financial results of BOŚ S.A. Group m PLN Item 1H 2013 1H 2012 Change Net interest income 132 020 138 909-5,0% Net commission & fee income 51 702 50 788 1,8% Dividend income 3 784 3 479 8,8% Net operatin income 32 416 14 836 118,5% Result on investment securities 14 900 13 624 9,4% Net income on hedge accounting 136 - x Foreign exchange result 10 735 13 587-21,0% Operating profit 245 693 235 223 4,5% General administrative expenses -181 133-181 481-0,2% Net impairment loses -13 364-24 465-45,4% Net profit 39 485 23 707 66,6% Assets 17 626 333 15 995 015 10,2% Loans & cash advances to customers 11 462 426 11 146 743 2,8% Deposits 12 820 360 11 089 093 15,6% Higher operating profit by 4.5% Lower net impairment loses by 45.5% Lower general administrative expenses by 0.2% Fee and commission income (m PLN) Total assets (m PLN) 51 52 15 995 17 626 Slajd 12 z 31 1H 2012 1H 2013 1H 2012 1H 2013

Interest and fee income Net interest income of BOŚ S.A. Group (m PLN) 69 68 68 69 68 70 74 71 66 66 The reduction in net interest income of the Group by 5% Y/Y was associated with a reduction in interest rates. The decline in interest income in the banking sector was 8.9% Y/Y. 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 Net fee and commission income of BOŚ S.A. Group (m PLN) 20 21 21 17 19 20 21 24 20 22 The increase of the Group s net commission income by 1.8% Y/Y, while revenues increased by 1.3% Y/Y and costs decreased by 0.4% Y/Y. Lower net commission income in DM BOŚ by 18% as the result of lower activity of individuals on the WSE. 8 7 6 10 7 6 6 5 5 5 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 Slajd 13 z 31 Bank Subordinates

Result on banking activities of BOŚ S.A. Group Result on banking activities of BOŚ S.A. Group (m PLN) 13% 12% 6% 235 59% 246 22% 13% 21% 54% Net fee and commission income +0.9 m Y/Y Operating income +17.6 m Y/Y 1H 2012 1H 2013 Net interest income Net trading income Net fee and commission income Others Result on banking activities of BOŚ S.A. Group (m PLN) in 2010-2012 12% 10% 15% 8% 11% 7% 462 53% 497 55% 473 25% 22% 22% 60% 2010 2011 2012 Slajd 14 z 31 Net interest income Net fee and commission income Net trading income Others

Thou Thou Thou Cost of credit BOŚ S.A. Group (m PLN) 0-20 -40 2011 2012 1H 2012 1H 2013-13 -43-54 -24-0,23% -0,37% -0,48% -0,43% 0,0% -0,2% -0,4% -0,6% Net impairment loses -45% Y/Y Risk margin -0.2 pp Y/Y -60 Net impairment loses Risk margin (right axis) -0,8% -80-1,0% 0-10 Retail (m PLN) 2011 2012 1H 2012 1H 2013-0,31% -0,21% -14-0,49% -0,28% -10-22 -13 0,0% -0,5% Corporate and public finance (m PLN) 2011 2012 1H 2012 1H 2013 0-3 -5-17 -0,05% -10-25 -15-0,25% -0,37% -20-38 0,0% -0,2% -0,4% -25-20 -1,0% -30-35 -0,59% -0,6% -30 Net impairment loses Risk margin (right axis) -1,5% -40-45 Net impairment loses Risk margin (right axis) -0,8% -50-1,0% Risk Margin net impairment loses for given period / average balance of gross loans and advances to customers for given period. Slajd 15 z 31

Balance sheet Item 30.06.13 31.12.12 30.06.12 30.06.2013 vs. 30.06.2012 Change m PLN 30.06.2013 vs. 31.12.2012 Loans and advances to customers 11 462 11 130 11 147 3% 3% Derivative financial instruments 4 997 3 937 3 650 37% 27% Higher volumes: Loans +3% Y/Y Liabilities +16% Y/Y Total assets + 10% Y/Y Cash and deposits with the Central Bank 406 1 050 500-19% -61% Deposits with other banks, loans and advances to other banks 103 119 143-28% -13% Other assets 659 638 556 18% 3% Total assets 17 626 16 873 15 995 10% 4% Amounts due to customers 12 820 11 816 11 089 16% 8% Amounts due to other banks 440 466 790-44% -5% Liabilities under banking securities issued 2 292 2 586 2 186 5% -11% 28% Assets - structure 7% Loans and advances to customers Securities Other liabilities 616 558 509 21% 11% Total equity 1 457 1 448 1 421 3% 1% 65% Cash and other assets Total liabilities 17 626 16 873 15 995 10% 4% Credits / Deposits 89,4% 94,2% 100,5% -11,1 p.p. -4,8 p.p. 15 637 15 729 Total assets (m PLN) 16 873 16 422 15 995 17 684 17 626 Liabilities - structure 3% 8% 2% 13% Amounts due to customers Liabilities under banking securities issued Amounts due to other banks Other liabilities 73% Equity Slajd 16 z 31 31.12.11 31.03.12 30.06.12 30.09.12 31.12.12 31.03.13 30.06.2013

Liabilities per division Category Division Customers Corporate and public finance (5,5 bn PLN) Corporate customers (4,43 bn PLN) Public finance (1,05 bn PLN) BOŚ S.A. Group Amounts due to customers (12,8 bn PLN) Retail clients (5,3 bn PLN) Ecological funds (0,31 bn PLN) Debt securities issued (2,3 bn PLN) Loans from financial institutions and ecolological funds (2,0 bn PLN) Loans and advances from international financial institutions (1,25 bn PLN) Subordinated debt (0,3 bn PLN) Ecological funds resources intended for lending (0,43 bn PLN) Slajd 17 z 31

Gross loans and advances per division Division Customer group including Loan portfolio (capital as of 30.06.13) of which eco-loan portfolio Corporate clients (3,9 bn PLN) Medium and large enterprises 1,15 bn PLN Corporate and public finance Public finance (2,9 bn PLN) Small enterprises Local governments 1,8 bn PLN 2,5 bn PLN 2,23 bn PLN (32,8% of the corporate and public finance division s loan portfolio) BOŚ S.A. Group Municipal entreprises 0,35 bn PLN Retail Retail clients (4,9 bn PLN) Microenterprises and homeowner associations Retail clients 0,2 bn PLN 4,7 bn PLN 0,16 bn PLN (3,3% of the retail division s loan portfolio) Slajd 18 z 31

Eco-loans Balance of eco-loans (m PLN) Constant increase of eco-loans share. 14% 7% 2094 2209 2095 44% 8% 48% 2393 48% 44% Retail Public finance Corporate 2011 2012 30.06.2012 30.06.2013 Eco-loans sales (m PLN) 163% Bank is focused on financing projects in the following areas: energy efficiency, renewable energy sources, collection and waste management, wastewater and sewage, as well as structured finance. 20% 12% 9% 5% 699 757 67% 692 Retail Corporate Public finance 263 86% Slajd 19 z 31 2011 2012 1H 2012 1H 2013

Lending portfolio quality 25% 42% Retail Public finance 28% 41% 11 762 30.06.2013 Corporate 31.12.2012 33% 1% 11 462 11 424 1% 31% 11 128 51% 48% 52% 47% -300-295 Gross loans and advances Write-offs Net loans and advances Gross loans and advances Write-offs Net loans and advances Ratio of non-performing loans by segments 12,2% 13,7% 12,9% 13,6% 6,2% 3,3% 4,8% 8,9% 8,3% 8,8% 5,9% 5,3% 4,1% 3,7% 4,1% 5,9% 2011 2012 1H2012 1H2013 Corporate and public finance loans Mortgages Other retail Retail total Slajd 20 z 31

Brokerage DM BOŚ Number of accounts (thou.) Forex Internet 64,3 54,1 58,1 Total Ogółem 68,2 8,2 9,2 Source: Bank 2012 I H 2013 2012 I H 2013 2012 I H 2013 Market shares (sessions transactions) Shares Futures Akcje Kontrakty Opcje 21,8% 18,9% 20,3% 14,8% 13,5% Options 20,9% 2,1% 2,1% 2,4% Source: WSE 2012 I H 2012 I H 2013 2012 I H 2012 I H 2013 2012 I H 2012 I H 2013 Improved net financial result of the Group's brokerage business from 0.6 in 1H 2012 to 3.5 m PLN in 1H 2013. The increase in net trading income mainly due to higher net income from operations on contracts and other derivative financial instruments. The reduction in administrative expenses due to restructuring. Decrease in fee income of DM BOŚ as a consequence of declining share of individual investors in the stock exchange turnover from 19% to 14% Y/Y. Slajd 21 z 31

Important events Long-term Fitch Rating was confirmed at the level of BBB with a stable outlook. BOŚ Bank was the first institution in Europe which completed the project using the total amount of funds in one of the supported regions. Bank s economists were awarded by Gazeta Giełdy Parkiet first place in the economic forecast ranking after the first quarter and second place after the second quarter of 2013. Providing customers with the Bank's web-based platform BossaFund. Extending the portfolio to 14 TFI (investment companies) and 159 funds. First place in Comperia.pl ranking for the holiday cash loan. Acquisition of key retail customers from KBC Securities brokerage house, which ends supporting this segment in Poland. Gazeta Giełdy Parkiet Award for the best trading platform FX for BossaFX. Award from the President of the Management Board of the Warsaw Stock Exchange for DM BOŚ market maker for its cooperation with WSE on the futures exchange market. DM BOŚ second time in a row awarded the first place in the ranking of the Best Brokerage Houses organised by Forbes and Association of Individual Investors. Slajd 22 z 31

SAMOspłacający się dom SELFpaying house 1/2 Innovative initiative of BOŚ S.A. The property, which earns on itself by producing electricity. The photovoltaic system with a capacity of 40 kw and revenues from the sale of surplus energy after entering into force of the Act on Renewable Energy Resources ( Ustawa o OZE ). House generates savings through the use of environment-friendly solutions and devices which reduce energy consumption such as solar panels, heat pumps and energy-efficient appliances. Slajd 23 z 31

SAMOspłacający się dom SELFpaying house 2/2 100 thou = houses within 5 years = market worth 60 bn PLN: +1 pp GDP/year 50 thou new jobs (including 15 thou in construction sector) Polish companies participating in the project: BOŚ Bank S.A., Murator, Amica, Barlinek, Black Red White, Opoczno, Cersanit Required customer's own contribution: a plot of at least 2 thou m² Slajd 24 z 31

Portfolio Guarantee Line De Minimis BOŚ offers loans under the government program of loan guarantees granted by Bank Gospodarstwa Krajowego : Offer designed for SME Guaranteeing loans for current funding Amount of individual guarantee: up to 60% of the loan amount (max. PLN 3.5 m; max. 27 months) 0% margin fee (in the 1st year of the guarantee granted by 31 Dec 2013; 0.5% afterwards) Security for BGK - blank promissory note and statement of execution Slajd 25 z 31

Jessica JESSICA European Support for Sustainable Investment in City Areas - European Commission initiative developed in collaboration with the European Investment Bank and the Council of Europe Development Bank. It supports regeneration and sustainable urban development through financial engineering mechanisms. BOŚ Bank was the first institution in Europe which completed the project using the total amount of funds in one of the supported regions. BOŚ signed 20 contracts in 3 voivoidships. Slajd 26 z 31

Appendices Slajd 27 z 31 Slajd 27 z 31

Financial results of BOŚ S.A. Group thou PLN 1H 2013 2012 H1 2012 Change Y/Y Change YtD Interest income and similar income 407 580 900 180 440 389-7,5% -54,7% Interest expense and similar charges -275 560-616 025-301 480-8,6% -55,3% Net interest income 132 020 284 155 138 909-5,0% -53,5% Fee and commission income 67 035 136 529 66 180 1,3% -50,9% Fee and commission expense -15 333-30 216-15 392-0,4% -49,3% Net commission & fee income 51 702 106 313 50 788 1,8% -51,4% Dividend income 3 784 3 746 3 479 8,8% 1,0% Net trading income 32 416 32 040 14 836 118,5% 1,2% Result on investment securities 14 900 27 071 13 624 9,4% -45,0% Result on hedge accounting 136-2 102 - x -106,5% Foreign exchange result 10 735 22 116 13 587-21,0% -51,5% Other operating income 10 473 8 632 4 376 139,3% 21,3% Other operating expenses -10 522-11 891-6 653 58,2% -11,5% Net impairment loses -13 364-54 035-24 465-45,4% -75,3% General administrative expenses -181 133-373 607-181 481-0,2% -51,5% Gross profit 51 147 42 438 27 000 89,4% 20,5% Income tax charge -11 662-4 944-3 293 254,1% 135,9% Net profit 39 485 37 494 23 707 66,6% 5,3% Slajd 28 z 31

Consolidated statement of financial position thou PLN 30.06.13 31.12.12 30.06.12 Change Y/Y Change YtD Cash and deposits with the Central Bank 405888 1 049 542 499 577-18,8% -61,3% Deposits with other banks, loans and advances to other banks 102865 118 901 142 872-28,0% -13,5% Held-for-trading securities 7905 25 811 82 953-90,5% -69,4% Derivative financial instruments 113546 88 093 51 076 122,3% 28,9% Hedging derivatives 24804 36 317 0 x -31,7% Loans and advances to customers 11462426 11 129 657 11 146 743 2,8% 3,0% Investment securities 4996643 3 937 399 3 649 975 36,9% 26,9% Pledged assets 0 0 0 x x Investment in assosiate 22830 22 830 22 830 0,0% 0,0% Intangible assets 168055 169 649 126 609 32,7% -0,9% Property, plant and equipment 112156 116 698 121 639-7,8% -3,9% Income tax assets 27833 31 253 28 699-3,0% -10,9% Other assets 181382 147 212 122 042 48,6% 23,2% Total assets 17626333 16 873 362 15 995 015 10,2% 4,5% Amounts due to the Central Bank 52 148 125 3,2% -64,9% Amounts due to other banks 440477 465 528 789 609-48,9% -5,4% Derivative financial instruments 79792 69 198 24 328 333,5% 15,3% Hedging derivatives 19329 20 842 - x -7,3% Liabilities under banking securities issued 12820360 11 816 320 11 089 093 15,0% 8,5% Amounts due to customers 2291634 2 586 244 2 186 047 11,4% -11,4% Liabilities under banking securities issued 326817 327 008 326 174 44,9% -0,1% Subordinated debt 17545 20 205 19 758-0,3% -13,2% Provisions 1713 872 90-86,0% 96,4% Income tax liabilities 171182 119 334 138 569-2,1% 43,4% Other liabilities 1457432 1 447 663 1 421 222 21,9% 0,7% Total equity and liabilities 17626333 16 873 362 15 995 015 12,4% 4,5% Slajd 29 z 31

Disclaimer Neither this document nor any information contained herein may be distributed in the United States, Canada, Japan or Australia. This document is not an offer for the sale of any securities in the United States. The securities of Bank Ochrony Środowiska S.A. ( Company ) have not been and will not be registered under the United States Securities Act of 1933, as amended (the Securities Act ) or any state regulations and may not be offered or sold in the United States or to US Persons (as defined in Regulation S issued under the Securities Act of 1933) absent registration or an exemption from registration under the Securities Act, or in a transaction not subject to the registration requirements of the Securities Act or any state regulations. Neither this document nor any copy of it may be transferred to or transmitted in the United States, Canada, Japan or Australia Canada or distributed or redistributed in Japan, United States or Australia or to any resident thereof. This document does not constitute or form part of any offer to sell or issue, or an invitation to make an offer to purchase any securities, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on or referred to in connection with, any contract. This document is directed only at persons who are (a) outside the United Kingdom or (b) persons who have professional experience in matters relating to investments falling within the definition of investment professionals in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order ) or (c) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as Relevant Persons ). The securities referred to in this document shall be made available only to the indicated persons and any invitation, offer or obligation to subscribe for, purchase or otherwise acquire such securities mill only be made available to or placed by the relevant persons. None other than a relevant person may rely on or refer to this document or any part hereof. This document is merely a promotional instrument and should not, in any circumstances, be relied upon in making decisions as to investments in the Company securities. This document is not to be distributed, directly or indirectly, in the United States of America or in other jurisdictions where public distribution of the information contained herein could be subject to restrictions or be prohibited by law. This document does not constitute an offer to sell or an invitation to subscribe for or acquire any securities. This document may include forward-looking statements which means any statements using such words as will, would, should, expect, intend, estimate, anticipate, project, future, potential, believe, seek, plan, aim, objective, goal, strategy, target, continue and similar expressions or their negatives. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions and other factors that could cause the Company's actual results of operations, performance or growth, to differ materially from those expressed in, or suggested by, these forward-looking statements. The Company has no obligation to update publicly or revise publicly any forward-looking statements contained herein, whether as a result of new information, future events, changed circumstances or any other reason after the date of this document. Slajd 30 z 31

Contact for Investors: E-mail: investor.relations @bosbank.pl Web page: www.bosbank.pl Investor Relations Team 32, Żelazna Str. 00-832 Warszawa Slajd 31 z 31