On 17 March 2022, PZU signed a preliminary agreement to acquire 100% of the shares of Towarzystwo Funduszy Inwestycyjnych Energia Spółka Akcyjna (“TFI Energia”) from Polska Grupa Energetyczna Spółka Akcyjna. On 15 July 2022, after obtaining the approvals from the KNF and UOKiK, the final agreement was signed. As of 15 July 2022, TFI Energia has been PZU’s subsidiary consolidated as of that date. The purchase price of the stake in TFI Energia was PLN 21 million.
On 29 September 2022, the Extraordinary Shareholder Meeting of TFI PZU adopted a resolution on the merger of TFI PZU with TFI Energia. The merger took place on 2 November 2022 and had no impact on the PZU Group’s consolidated financial statements.