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Bank Millennium Group

Bank Millennium Group G4-3

Bank Millennium along with its subsidiaries makes up the Bank Millennium Group. The key Group companies include: Millennium Leasing (leasing activity), Millennium Dom Maklerski (brokerage activity) and Millennium TFI (mutual funds). G4-17a 

The offering of those companies complements the services and products offered by the Bank. The activity of the remaining Group companies supports the execution of infrastructural projects and is not described in this report. G4-17b

Compared to 2013, there were no changes in the structure of the Bank Millennium Capital Group.

Scheme of Bank Millennium S.A. capital group as on 31.12.2014

Scheme of Bank Millennium S.A. capital group as on 31.12.2014

Bank Millennium is a joint stock company that has been listed on the Warsaw Stock Exchange since 1992. G4-7

The Bank and its subsidiaries operate in the Republic of Poland. G4-6

The Bank's Head Office is located in Warsaw, while some of its head office functions are also performed in Gdańsk.G4-5

Bank Millennium shareholders

As at 31 December 2014, Bank Millennium had two major shareholders with over 5% of votes at the Shareholder Meeting.

Millennium bcp, the largest private bank in Portugal, which is the strategic investor, holds 65.5% of Bank Millennium’s share capital. The second largest shareholder is ING OFE, Poland's largest pension fund, which holds 7.9% of the Bank's shares. The remaining shares, in other words 26.6% of the share capital, are dispersed among Polish and international institutional and private shareholders. This includes the Aviva OFE fund, which reduced its holdings to under 5% in 2014.

Ownership structure of Bank Millennium, as at 31 December 2014

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Changes in the shareholding of Bank Millennium 

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G4-13