vOpGQdVhGmtvyXtEzzRCJ33+jdg4vqJoW8tSJf9DJ4A=1z42Yajf0vT5n0dbEmxb76+bW/ftqN3pW6JF8U86CRM=GBM0yJWhOC8OhVSanhqgfv3CBsCjoDx9OJ9YmP9bpPcV/DIt7881PavFcZrXdWYs t4zxP8G1r1KaPaHBNJnhQ7185nKFboU+0EPGvOIK+pUc2Eeifg6GJ1NjxhjeoMQu OPoYp4D1ENGECUyT2sPpKQb3vrtRnwY9IjPvUHhsy4Jr5uLqd8TXUeqr/uxnJdlI ufO07RHONLSLVApx/TrmAjfYUDOeOCMvtkpTwTaWNp89ZXr4pU0Qt1uT3OZDHmVJ AeP+wrN5loV0Hv/RaAoK+SyJ8TBAZ0sDJpc4oL8jYewbJmZnQW17X56nJRTxNj9s /xWWd2E/YITlnF6WQUL9ut3YD7T+Xg4WaSxp+jlFSm3bSCVs/668C1f0MbjvJYvN xYcx8HZRPYSXzyhYu0jHbE5EbvE2n+s5hTkxZSt6incgG1V3qi0lDhdTxc7g50JV 23o5732jeALA+5vYI7j5Gxg1pp9qV7s0Zv3bUndxR+nbyNJPnva8VmFdB8Ir8DD6MIIHBDCCBOygAwIBAgIQOrIYm/RmVDAqQ9wYVU7XbTANBgkqhkiG9w0BAQsFADBl MQswCQYDVQQGEwJQTDEhMB8GA1UECgwYQXNzZWNvIERhdGEgU3lzdGVtcyBTLkEu MRgwFgYDVQQDDA9DZXJ0dW0gUUNBIDIwMTcxGTAXBgNVBGEMEFZBVFBMLTUxNzAz NTk0NTgwHhcNMjUwMzE0MTEzMzE0WhcNMjcwMzE0MTEzMzE0WjBpMRkwFwYDVQQD DBBUb21hc3ogVGFya293c2tpMQ8wDQYDVQQqDAZUb21hc3oxEjAQBgNVBAQMCVRh cmtvd3NraTEaMBgGA1UEBRMRUE5PUEwtNzMwOTI4MDI3OTUxCzAJBgNVBAYTAlBM MIIBojANBgkqhkiG9w0BAQEFAAOCAY8AMIIBigKCAYEA0sgTUV2YtXgVjExUBv4+ iY1iRj58xGfAHQ0ZqACAiT7ri55eZRi9t+TCyn6PXBDcE60H5JbvaUi6Ib0bzUUh Fp/KrEEawfgkQdrupjN9NJujhWYfDQFiqs/OIuDUiC2bx1RgutfmLaHOMb64M5ck Py+RK2bUonTpZ4iqWStLlhOgLgmOFgjzBVCZTt7vk4GeCZmnCPW4dLsI3cfl4iw2 GF52aJAHVPXHtM8E6cld3ZCKdcYMzCizE9/4r4AB4YL4CvyQZ/S4J2PvtFce1hDg I48pQ+J3XaX9E1Oqmbx+xmY2m57rhTp3MS8q+hoIwNQyq5iMVj02Kc/pRIYk2Yg2 8E5r2EsCQofelJ8ccgCxI3sGrHAtdArWsHgHRjue8pvE0y2bxdWq1W4q820HN6nb fc+L7s8L2EA0Xf73o3odKucwZ0p+y/AOXfCe3O8+BAg8TAQ4fLelcLYFeky/tjTm MeBuu4mVMzvwhrRQ14eUZ/chaqLFFuF3C+1W8YO14dtTAgMBAAGjggIqMIICJjAM BgNVHRMBAf8EAjAAMDYGA1UdHwQvMC0wK6ApoCeGJWh0dHA6Ly9xY2EuY3JsLmNl cnR1bS5wbC9xY2FfMjAxNy5jcmwwcgYIKwYBBQUHAQEEZjBkMCwGCCsGAQUFBzAB hiBodHRwOi8vcWNhLTIwMTcucW9jc3AtY2VydHVtLmNvbTA0BggrBgEFBQcwAoYo aHR0cDovL3JlcG9zaXRvcnkuY2VydHVtLnBsL3FjYV8yMDE3LmNlcjAfBgNVHSME GDAWgBQn8dhOYFBotmH+aBsobG3kC3MJTTAdBgNVHQ4EFgQUmlBAnwqGe7rqo8K/ MvwfGffUa9cwDgYDVR0PAQH/BAQDAgbAMFUGA1UdIAROMEwwCQYHBACL7EABAjA/ BgwqhGgBhvZ3AgQBDAEwLzAtBggrBgEFBQcCARYhaHR0cDovL3d3dy5jZXJ0dW0u cGwvcmVwb3p5dG9yaXVtMIHCBggrBgEFBQcBAwSBtTCBsjAIBgYEAI5GAQEwCAYG BACORgEEMIGGBgYEAI5GAQUwfDA8FjZodHRwczovL3JlcG9zaXRvcnkuY2VydHVt LnBsL1BEUy9DZXJ0dW1fUUNBLVBEU19FTi5wZGYTAmVuMDwWNmh0dHBzOi8vcmVw b3NpdG9yeS5jZXJ0dW0ucGwvUERTL0NlcnR1bV9RQ0EtUERTX1BMLnBkZhMCcGww EwYGBACORgEGMAkGBwQAjkYBBgEwDQYJKoZIhvcNAQELBQADggIBAF5A89sTow3R 8fR3ywJC7ddUHN2rUBg+7YXkL964oSHLQkNyVjX3FyQH0rT7fFVn8dKW0XWuLxH/ 3fU6MZ26kVvyFy0JdWfPWeCjynMBcrye3LeVPFIQjSwhAVz4ns27wbc1+D575Vyy 8t2Z+FdXF3SE6i8vnT4QRML0Jae1zhXLMT4NQFbc8GwPYC1ZD9IwveTJRcwziM+r PU0KK5GfiknDOUaC+9jgtErUSafPGc1v/Z2qofB9Sgbmo6FtMvSv8zL2zkJPqnE1 DgmqUz9pCkQMeLviwbojhNwc1Wy0uNYwDPV637UKxLpfJDZ1ZMRBhcWyLRsVOsaL pVMrZK84NiXFXA8E/hpiEOJeDMpX8ZjSJpH4K7ZlZydGLls50SB8eyOtIV3GGLz3 sW4Te1pNAj5W4CGsU88gv6O2yNOM5b3Ya0FAVN2wPxTxmROLtEaKzxPgeL3P9j+o srBpKGQrG/TkjvKAA42q6ji6bJOJ2o+2+QEaAhixk40eHOfJkUsCsHzu58lM3mPM mz1McvDfwKxqNyAbEmU+A4bZzco+WxK7vFvbqnPSCZMnCfW6991JFk3Sz1rLrXSA 80+Ml1u4UZ5Tp6sRt49ZbQkTsrmgQR8CnJXdlyV6GX7caXGejDVRsaVhPAympFBN 4lQjj3xFZe44IWI/+QVVP9l/Z1H48zFs2026-02-25T08:12:14ZCMEizO2FEq87TsfjcV/boL+2ZqfZ0Lnm+nPeXsvb/2k=MIME-Version: 1.0 Content-Type: application/octet-stream Content-Transfer-Encoding: binary Content-Disposition: filename="Sprawozdanie Zarządu z działalności Grupy Kapitałowej PZU i PZU SA za rok 2025.xhtml"http://www.certum.pl/OIDAsURI/signedFile/1.2.616.1.113527.3.1.1.3.1Opis formatu dokumentu oraz jego pełna nazwahttp://www.certum.pl/OIDAsURI/signedFile.pdfapplication/octet-streamMIIMFwYJKoZIhvcNAQcCoIIMCDCCDAQCAQMxDTALBglghkgBZQMEAgEwggERBgsq hkiG9w0BCRABBKCCAQAEgf0wgfoCAQEGCyqEaAGG9ncCBAEOMDEwDQYJYIZIAWUD BAIBBQAEIE8/SYII1nlo19GyAWW2Q+saX3jx2KihZuUEQq4xoA7wAgcRw3pVhdEl GA8yMDI2MDIyNTA4MTIxN1owAwIBAQIIScy90+cYbP6gbKRqMGgxCzAJBgNVBAYT AlBMMSEwHwYDVQQKDBhBc3NlY28gRGF0YSBTeXN0ZW1zIFMuQS4xGzAZBgNVBAMM EkNlcnR1bSBRVFNBIEczIFIzNTEZMBcGA1UEYQwQVkFUUEwtNTE3MDM1OTQ1OKEe MBwGCCsGAQUFBwEDAQEABA0wCzAJBgcEAIGXXgEBoIIG1DCCBtAwggS4oAMCAQIC CANHNVzGZQkeMA0GCSqGSIb3DQEBDQUAMG8xCzAJBgNVBAYTAlBMMR0wGwYDVQQK DBROYXJvZG93eSBCYW5rIFBvbHNraTEmMCQGA1UEAwwdTmFyb2Rvd2UgQ2VudHJ1 bSBDZXJ0eWZpa2FjamkxGTAXBgNVBGEMEFZBVFBMLTUyNTAwMDgxOTgwHhcNMjQx MjEzMTAzMzM3WhcNMzUxMjEzMjM1OTU5WjBoMQswCQYDVQQGEwJQTDEhMB8GA1UE CgwYQXNzZWNvIERhdGEgU3lzdGVtcyBTLkEuMRswGQYDVQQDDBJDZXJ0dW0gUVRT QSBHMyBSMzUxGTAXBgNVBGEMEFZBVFBMLTUxNzAzNTk0NTgwggIiMA0GCSqGSIb3 DQEBAQUAA4ICDwAwggIKAoICAQDEdjj41Kb9cT7e0N28v5pfH/DofT3MdcjkQMxL 6MNrJKk5Eng8yG7cu9lru9QB/URpYMGnmz3iNbGZWG53OOfFZg7p967ChUmkBhcV q9IYlTgovK+pRDvzqA27gAIx4n1eUeYpw2IVAKAcj/Mrr3oJLkuq3r49fZI4NtRb XLmY0YSpGjOH+kN4tJw+O+DL0KuGQQpwUxN1le5O8+9LJkmai5JHKIAGGZydXe8x WB4fTdVtgMTXbnoeSZ/I/voe2CpiqUzUH2hQ58bKRqsHwUxQTZx69Opk+OR1oV3H qVegPLxKDhwJ443I9sySo0aCcHENGaFOyDOLUQ/pZnVxS/AMQ5a9VrMRBpxomlWl OQzAn3qZwFOfgjUQcC5ikWQvVOpBrUmUuyyMEDmH3fXP/fTmtdZ54Dj2A+eqzkfu IV8aVT6q6s/MTHWQTOYnUG7D3dx6KoBpDPnT0BBNflFDoLD35r2ZViwW6UwxoB/S ZTQaC4/dbgP2KTuCgTuJsURvoQerEFbmVh8IiEgD49ecrakJ36o06WK0LlKLTJ4K 9WJElIT0q6H74hTYVpJkOKd3ccrNUPNOx1EXKNtp/ddC5Ao6JCPNcbrX4GvMnFXX 7FBAXjDgSmEHc7+fjW044gPEHOfA6eJ8QFi32qw2YAZ3RrcvGor7tUDHiYt1qA2a QeEmbQIDAQABo4IBdTCCAXEwgawGA1UdIwSBpDCBoYAUKbPIxN+jh/hmBRJY/UYq uJgNeYehc6RxMG8xCzAJBgNVBAYTAlBMMR0wGwYDVQQKDBROYXJvZG93eSBCYW5r IFBvbHNraTEmMCQGA1UEAwwdTmFyb2Rvd2UgQ2VudHJ1bSBDZXJ0eWZpa2Fjamkx GTAXBgNVBGEMEFZBVFBMLTUyNTAwMDgxOTiCFED494qw42QQVpHI2eAs+MHGQApG MDEGA1UdIAEB/wQnMCUwIwYEVR0gADAbMBkGCCsGAQUFBwIBFg13d3cubmNjZXJ0 LnBsMAwGA1UdEwEB/wQCMAAwDgYDVR0PAQH/BAQDAgbAMBYGA1UdJQEB/wQMMAoG CCsGAQUFBwMIMB0GA1UdDgQWBBRUaJrVazqtqYCkZV9ouoguaFmIPzA4BgNVHR8E MTAvMC2gK6AphidodHRwOi8vd3d3Lm5jY2VydC5wbC9hcmwvbmNjZXJ0MjAxNi5j cmwwDQYJKoZIhvcNAQENBQADggIBACbhYoUHAYOh7elVXy48sl9f6jLysy+WqCcZ mIOup12qWXYsc42JIYW2VY5UFMXBRtbRwB+qEDjZN1I07DwOPctIEeQonR7Nj7ds m38FK8GUgJBM/jCXDGlYStHrc9uuBFcfCFWI7bqmMjuqNbBrrnzBvrv4lWIOtKyB nN9UZSB1UAeojUSM1lqlt3rZqKYOMUB/5WLZ8FMbSTYYz4gcNx50M7VTwem7aokL NwpH2OgBbeQtD0JH1tLaxxeI/AOHuSy7xbWwSuka0sZib3GbrEFNM2Trz2jMLqds swL1kPRRUpkIn2CxRv416DHulHtO2us+IMc9Ou1S8FyMBPuVNtO/f1U81r4DMHAJ qY0je7zN1vqkuNZbecuLgYw453M92kt9FnOXvehdxiRzGt5dBzUq1BWfFRD0HBWy E3bXDq7VpcOVcpx2FRTRR38Zj+28r8kXy44E3Tm6hZa6N+3PICkjC7XJjRF51Af0 B2wK/Lw6LbO98+RFch/i/pTJZHDpobmjll9BxN7gUakGP7zMdRVZOQpHjcfGMWr4 pcwEC/G/c/vuVxZjMpFn8uDonXXJOJ+mnomz/4tPiNW5cZlX5eSiV1+qw6LZLxpp kGVPsJtktfeyjLvMA6237jY43NSIWsiIy0z5qGDJF++Dv7msgeRiOR6CgWcWTZOh GimhNmONMYIEATCCA/0CAQEwezBvMQswCQYDVQQGEwJQTDEdMBsGA1UECgwUTmFy b2Rvd3kgQmFuayBQb2xza2kxJjAkBgNVBAMMHU5hcm9kb3dlIENlbnRydW0gQ2Vy dHlmaWthY2ppMRkwFwYDVQRhDBBWQVRQTC01MjUwMDA4MTk4AggDRzVcxmUJHjAN BglghkgBZQMEAgEFAKCCAVcwGgYJKoZIhvcNAQkDMQ0GCyqGSIb3DQEJEAEEMBwG CSqGSIb3DQEJBTEPFw0yNjAyMjUwODEyMTdaMC8GCSqGSIb3DQEJBDEiBCBYSwsJ zTorvtSxxXggJzTov6CaINqn0Un1aJD52oTPrzA3BgsqhkiG9w0BCRACLzEoMCYw JDAiBCB3sbcuNyCgHzKwK5ezMcNElGk376ujK4InNfhORxykuTCBsAYLKoZIhvcN AQkQAgwxgaAwgZ0wgZowgZcEFPQjcKB3ILsYHXlCZ5iC58SLbMT/MH8wc6RxMG8x CzAJBgNVBAYTAlBMMR0wGwYDVQQKDBROYXJvZG93eSBCYW5rIFBvbHNraTEmMCQG A1UEAwwdTmFyb2Rvd2UgQ2VudHJ1bSBDZXJ0eWZpa2FjamkxGTAXBgNVBGEMEFZB VFBMLTUyNTAwMDgxOTgCCANHNVzGZQkeMA0GCSqGSIb3DQEBCwUABIICALmSY67p 15wNni2ID6mte/VCbIJ3qMPYXkeBZywNroTeqmhE+AJNBixA4BQZ2+2IusfYUs5N 6scAr+1QOmUkxqEm2iG+e+bbKFLiqmeLs9REM92U/UyqLcQ3Fgf6ypvkLF0YdLMH /sD3g8XJLx3X6mX4ybQ0s7QHrEGCchj/tYHrzay3gYfMQA++NgAzGN0ebMt0DiU9 1SuGKEpNQjCMh3D5OxRYVVqoNyeiENnM3T/L00UJPHqoiahgZHb2yX45IkMX8Ulu Gd2csennsWShaGXPhuyjs2tM4tfma2lzxAsXQOoE1JDVgmgcMrU4/XXboVMDy/w8 OGUOxkfcti71sIWYIjnV2prMTqfnJRuZzLSHjgvvt+E+j4vgt4CKs1HRuJi9X6jc EoAQslidQIQLDnlxfGDnjeS1LT86HEYf8Hil102HS4YvjiI+gQJ757+cbwErIKTh 4/Qo6uDQBGFGkgaVDP3UnzQMc9oZAXhGm/nZHJ51fgCEx9bAxFKkGai4OiRUZHjU 8Mc63baiqZocl/D1RIGZIlBSYVWxNmN2lvOo6z5GCvvwt/TWgEBZ2dMHe6f0Edvu eOnUOLR9yvAbEbJe3GryWIbc0C6uGzg7/QWy1GcQZj+VSaageKKLg3r+5qU+3all BpYCywsr29zM4qdQwozCOTyUSCrVyY9ZXtaZvOpGQdVhGmtvyXtEzzRCJ33+jdg4vqJoW8tSJf9DJ4A=/TaiNc5My8E8EQONTnzVqeCn9PYTBrbVQ0p+lycerhM=opQMQnBEAyCyIA5SESkcv9s6O5PlofJop/QzDwwz8eBu7XBHPt9htH3JCRXGABkQ DNrVzZemOzVS1P27lu+0nf8+74y3u/N0T2BumjZKTArZErx7fBm729uTfSXDJmfk BrZLo2NjSMM22p+mhm3otKpmwscZYQBIean7KTRTdJ9NNPIl3GDRJyz3BdWm2p4R EsyzBpJXeEu9183cmeHlokuhydFABuXixzZlR5PxHqXmKzBdStvTlAYREecpM5UU DuSdYg7pIkfShRkhM+c8nZUEcD0QtpIVGVD8aMNf/7TGfnX65MHEDVq9ZED24X5Q IdahcyAkyMMhCFN3iLB/buBeRTDVb1Vvjc49vWAdmNQ+TuLVtMHf0pgbrNACEx9t J+VN7GOfJyucLQRhr3dCQXb3m32EnXCbw5W5/ql+/Wajjz1QBtzrw1fV2SXPwvzK p7VoNsVjrWzyjMGD8kIZ0WX8rgMvHa5Fe6gZRuwadOXri5s+LKRlQxZZQg+5WYTyMIIG/DCCBOSgAwIBAgIQBYf3eQurZtBBh/vUuWQq5zANBgkqhkiG9w0BAQsFADBl MQswCQYDVQQGEwJQTDEhMB8GA1UECgwYQXNzZWNvIERhdGEgU3lzdGVtcyBTLkEu MRgwFgYDVQQDDA9DZXJ0dW0gUUNBIDIwMTcxGTAXBgNVBGEMEFZBVFBMLTUxNzAz NTk0NTgwHhcNMjQwNDE3MTM0ODU1WhcNMjYwNDE3MTM0ODU1WjBhMRUwEwYDVQQD DAxKYW4gWmltb3dpY3oxDDAKBgNVBCoMA0phbjERMA8GA1UEBAwIWmltb3dpY3ox GjAYBgNVBAUTEVBOT1BMLTc5MDYwMjE1NjUzMQswCQYDVQQGEwJQTDCCAaIwDQYJ KoZIhvcNAQEBBQADggGPADCCAYoCggGBAK6JRQ9U6SnPQixq1GwPQw3Kr8AEsAfy dZleZSOANVt2/KngxJb+dM37ga+eOMvj2UUmTwzwHmRneSHM6533P7wuVumPOW3r +8b9fxqtFKmAOMEjiHJj+flity5w+Sb3W5AIH9nyDqo9HBL7h4mtbFDPyOgtpvX/ OpQgmnCyZSajSHgjV+bf5xMW1PVKQ0CevRHi5rkP1Ty99iW1MbSqZsES6JBb86QD johQj2ltUJuktsjp4WYmDXfzhGGJQzIfyvTEprucMgA3w9JloKfrH6SWrAureiK8 y1x3NCgZJX5lDXsHUzmo+ilWXqJ29dcLZRQrvPFUBeKUQBBrDKdR6FdQDHmuw107 9gycast+PjTZ3n8GgEKqOlxmmTNGMrs31AqIoLhlToarZweudAwI6HrhYuUmY5w+ At0r7EkpaFvNCbGWNKZeVj6q3nBJaI7oPIWlcBWj2sy3zYYOeJHj1f5sEqBLDnMb vBxvsEytZwtmnhsSjSToOhCu68VcOy8wOQIDAQABo4ICKjCCAiYwDAYDVR0TAQH/ BAIwADA2BgNVHR8ELzAtMCugKaAnhiVodHRwOi8vcWNhLmNybC5jZXJ0dW0ucGwv cWNhXzIwMTcuY3JsMHIGCCsGAQUFBwEBBGYwZDAsBggrBgEFBQcwAYYgaHR0cDov L3FjYS0yMDE3LnFvY3NwLWNlcnR1bS5jb20wNAYIKwYBBQUHMAKGKGh0dHA6Ly9y ZXBvc2l0b3J5LmNlcnR1bS5wbC9xY2FfMjAxNy5jZXIwHwYDVR0jBBgwFoAUJ/HY TmBQaLZh/mgbKGxt5AtzCU0wHQYDVR0OBBYEFLe9EN1EL8UMpHzqwMgigsZnoRpY MA4GA1UdDwEB/wQEAwIGwDBVBgNVHSAETjBMMAkGBwQAi+xAAQIwPwYMKoRoAYb2 dwIEAQwBMC8wLQYIKwYBBQUHAgEWIWh0dHA6Ly93d3cuY2VydHVtLnBsL3JlcG96 eXRvcml1bTCBwgYIKwYBBQUHAQMEgbUwgbIwCAYGBACORgEBMAgGBgQAjkYBBDCB hgYGBACORgEFMHwwPBY2aHR0cHM6Ly9yZXBvc2l0b3J5LmNlcnR1bS5wbC9QRFMv Q2VydHVtX1FDQS1QRFNfRU4ucGRmEwJlbjA8FjZodHRwczovL3JlcG9zaXRvcnku Y2VydHVtLnBsL1BEUy9DZXJ0dW1fUUNBLVBEU19QTC5wZGYTAnBsMBMGBgQAjkYB BjAJBgcEAI5GAQYBMA0GCSqGSIb3DQEBCwUAA4ICAQBDpe+zx2Dz1RSoVu9ZWspg Cie0SKmX8I0YBfDvAtWinCOfqwrKNo92OCkKHQoEF/9S2RdO+3CxUKfMKbuYlvEA 18Z04qQgakk7RgVZOZcwxq+gNVorhqHWIAujzbgvdtIUaBMxsnafAvB9bmjGlI0C cjlddIwLyvSlwuMp8YeNNxFmAEl+5EpUpWn1qqHRbuuGoUBdNQ7Z6KZoTBtd3kxp 6h6Yh6xbfvLTB0CGpLuUr30vDxkUNrQH8tY4O8gCNwufpBW5iUHOxlECWf/IEPsM nfG1tW2TnrCjhaitYKDqub0uy5M2cfLq/d91WWrz982MbvckrUNOjHyBPiBdLDMQ LS0iOdXXsQ+S/xUppa93IrdjjAj8iW82ANj9jPnjEeDZx7niZgbIIvE5vklZTDqL CNHSnFTLUeOYBDzaRpS+yOhu7Dbqiv0nSsNZjPe7CRsuwdUa2+XCRgRx2pRhCjNe BfGnLFjbiojJ8vAkBlQJ2k0iQV03SeV2cz9Smx9hPsN102GHZ8tTxCn/6m7gD7b+ LoSR6o6hfPo+SjOCDf5a+1bzVFpnIubQgNMLwpBjt3TVSOrKYXc9+FM5ZxlqiknB 43xeRKljvHQDh9A9gi3WZnfESg3snUrn5SCvzS2h6aML9kzpTAfESTi/I3TkXTj4 EhgTuk8xZ6tzLPaPWNxWoQ==2026-02-25T08:13:32Zy4N+CZinQEGi5tsve4epH35PF5NrXNr26hlmGO2KIA0=MIME-Version: 1.0 Content-Type: application/octet-stream Content-Transfer-Encoding: binary Content-Disposition: filename="Sprawozdanie Zarządu z działalności Grupy Kapitałowej PZU i PZU SA za rok 2025.xhtml"http://www.certum.pl/OIDAsURI/signedFile/1.2.616.1.113527.3.1.1.3.1Opis formatu dokumentu oraz jego pełna nazwahttp://www.certum.pl/OIDAsURI/signedFile.pdfapplication/octet-streamMIIMGAYJKoZIhvcNAQcCoIIMCTCCDAUCAQMxDTALBglghkgBZQMEAgEwggESBgsq hkiG9w0BCRABBKCCAQEEgf4wgfsCAQEGCyqEaAGG9ncCBAEOMDEwDQYJYIZIAWUD BAIBBQAEII3LQ/O0EERxfR4up1HoauNMoPmd1b6MwSTWGrJK3kimAgcRw3pVkH8W GA8yMDI2MDIyNTA4MTMzNFowAwIBAQIJAKecQydzcnlboGykajBoMQswCQYDVQQG EwJQTDEhMB8GA1UECgwYQXNzZWNvIERhdGEgU3lzdGVtcyBTLkEuMRswGQYDVQQD DBJDZXJ0dW0gUVRTQSBHMyBSMzUxGTAXBgNVBGEMEFZBVFBMLTUxNzAzNTk0NTih HjAcBggrBgEFBQcBAwEBAAQNMAswCQYHBACBl14BAaCCBtQwggbQMIIEuKADAgEC AggDRzVcxmUJHjANBgkqhkiG9w0BAQ0FADBvMQswCQYDVQQGEwJQTDEdMBsGA1UE CgwUTmFyb2Rvd3kgQmFuayBQb2xza2kxJjAkBgNVBAMMHU5hcm9kb3dlIENlbnRy dW0gQ2VydHlmaWthY2ppMRkwFwYDVQRhDBBWQVRQTC01MjUwMDA4MTk4MB4XDTI0 MTIxMzEwMzMzN1oXDTM1MTIxMzIzNTk1OVowaDELMAkGA1UEBhMCUEwxITAfBgNV BAoMGEFzc2VjbyBEYXRhIFN5c3RlbXMgUy5BLjEbMBkGA1UEAwwSQ2VydHVtIFFU U0EgRzMgUjM1MRkwFwYDVQRhDBBWQVRQTC01MTcwMzU5NDU4MIICIjANBgkqhkiG 9w0BAQEFAAOCAg8AMIICCgKCAgEAxHY4+NSm/XE+3tDdvL+aXx/w6H09zHXI5EDM S+jDaySpORJ4PMhu3LvZa7vUAf1EaWDBp5s94jWxmVhudzjnxWYO6feuwoVJpAYX FavSGJU4KLyvqUQ786gNu4ACMeJ9XlHmKcNiFQCgHI/zK696CS5Lqt6+PX2SODbU W1y5mNGEqRozh/pDeLScPjvgy9CrhkEKcFMTdZXuTvPvSyZJmouSRyiABhmcnV3v MVgeH03VbYDE1256HkmfyP76HtgqYqlM1B9oUOfGykarB8FMUE2cevTqZPjkdaFd x6lXoDy8Sg4cCeONyPbMkqNGgnBxDRmhTsgzi1EP6WZ1cUvwDEOWvVazEQacaJpV pTkMwJ96mcBTn4I1EHAuYpFkL1TqQa1JlLssjBA5h931z/305rXWeeA49gPnqs5H 7iFfGlU+qurPzEx1kEzmJ1Buw93ceiqAaQz509AQTX5RQ6Cw9+a9mVYsFulMMaAf 0mU0GguP3W4D9ik7goE7ibFEb6EHqxBW5lYfCIhIA+PXnK2pCd+qNOlitC5Si0ye CvViRJSE9Kuh++IU2FaSZDind3HKzVDzTsdRFyjbaf3XQuQKOiQjzXG61+BrzJxV 1+xQQF4w4EphB3O/n41tOOIDxBznwOnifEBYt9qsNmAGd0a3LxqK+7VAx4mLdagN mkHhJm0CAwEAAaOCAXUwggFxMIGsBgNVHSMEgaQwgaGAFCmzyMTfo4f4ZgUSWP1G KriYDXmHoXOkcTBvMQswCQYDVQQGEwJQTDEdMBsGA1UECgwUTmFyb2Rvd3kgQmFu ayBQb2xza2kxJjAkBgNVBAMMHU5hcm9kb3dlIENlbnRydW0gQ2VydHlmaWthY2pp MRkwFwYDVQRhDBBWQVRQTC01MjUwMDA4MTk4ghRA+PeKsONkEFaRyNngLPjBxkAK RjAxBgNVHSABAf8EJzAlMCMGBFUdIAAwGzAZBggrBgEFBQcCARYNd3d3Lm5jY2Vy dC5wbDAMBgNVHRMBAf8EAjAAMA4GA1UdDwEB/wQEAwIGwDAWBgNVHSUBAf8EDDAK BggrBgEFBQcDCDAdBgNVHQ4EFgQUVGia1Ws6ramApGVfaLqILmhZiD8wOAYDVR0f BDEwLzAtoCugKYYnaHR0cDovL3d3dy5uY2NlcnQucGwvYXJsL25jY2VydDIwMTYu Y3JsMA0GCSqGSIb3DQEBDQUAA4ICAQAm4WKFBwGDoe3pVV8uPLJfX+oy8rMvlqgn GZiDrqddqll2LHONiSGFtlWOVBTFwUbW0cAfqhA42TdSNOw8Dj3LSBHkKJ0ezY+3 bJt/BSvBlICQTP4wlwxpWErR63PbrgRXHwhViO26pjI7qjWwa658wb67+JViDrSs gZzfVGUgdVAHqI1EjNZapbd62aimDjFAf+Vi2fBTG0k2GM+IHDcedDO1U8Hpu2qJ CzcKR9joAW3kLQ9CR9bS2scXiPwDh7ksu8W1sErpGtLGYm9xm6xBTTNk689ozC6n bLMC9ZD0UVKZCJ9gsUb+Negx7pR7TtrrPiDHPTrtUvBcjAT7lTbTv39VPNa+AzBw CamNI3u8zdb6pLjWW3nLi4GMOOdzPdpLfRZzl73oXcYkcxreXQc1KtQVnxUQ9BwV shN21w6u1aXDlXKcdhUU0Ud/GY/tvK/JF8uOBN05uoWWujftzyApIwu1yY0RedQH 9AdsCvy8Oi2zvfPkRXIf4v6UyWRw6aG5o5ZfQcTe4FGpBj+8zHUVWTkKR43HxjFq +KXMBAvxv3P77lcWYzKRZ/Lg6J11yTifpp6Js/+LT4jVuXGZV+XkoldfqsOi2S8a aZBlT7CbZLX3soy7zAOtt+42ONzUiFrIiMtM+ahgyRfvg7+5rIHkYjkegoFnFk2T oRopoTZjjTGCBAEwggP9AgEBMHswbzELMAkGA1UEBhMCUEwxHTAbBgNVBAoMFE5h cm9kb3d5IEJhbmsgUG9sc2tpMSYwJAYDVQQDDB1OYXJvZG93ZSBDZW50cnVtIENl cnR5ZmlrYWNqaTEZMBcGA1UEYQwQVkFUUEwtNTI1MDAwODE5OAIIA0c1XMZlCR4w DQYJYIZIAWUDBAIBBQCgggFXMBoGCSqGSIb3DQEJAzENBgsqhkiG9w0BCRABBDAc BgkqhkiG9w0BCQUxDxcNMjYwMjI1MDgxMzM0WjAvBgkqhkiG9w0BCQQxIgQgNSca N/rPUteP73XV5mVcjnJnnr+UMZiiyUvdufUM/bswNwYLKoZIhvcNAQkQAi8xKDAm MCQwIgQgd7G3LjcgoB8ysCuXszHDRJRpN++royuCJzX4TkccpLkwgbAGCyqGSIb3 DQEJEAIMMYGgMIGdMIGaMIGXBBT0I3CgdyC7GB15QmeYgufEi2zE/zB/MHOkcTBv MQswCQYDVQQGEwJQTDEdMBsGA1UECgwUTmFyb2Rvd3kgQmFuayBQb2xza2kxJjAk BgNVBAMMHU5hcm9kb3dlIENlbnRydW0gQ2VydHlmaWthY2ppMRkwFwYDVQRhDBBW QVRQTC01MjUwMDA4MTk4AggDRzVcxmUJHjANBgkqhkiG9w0BAQsFAASCAgCRZcqJ rtzltZusrsf/ewsrW0iAu727YPcjvMjf5qNFCcQmJaAHk+v+K2p/Dj0NR2kMdyvS 1w7unnKGmbZTyJlE1Usry/Q/Ni/+YGaNO8B3FTeS95WTV38aNCbHUSyt5yuTYqnr /DaEPLBTywR92iPptarCT4j3ocZ8EmxYqqyt/nYANrwS3KtEbXl0hgID5TDYnKXX buV0nW8jEUghwgV4C6/hJS7bWLndD5sY5k7ppELKgAbMPyQFvPzc0D8y9g7cMcrc nMyXj3vQdf1wcT6kHgVUnqsS5OMdugxV2/HuC4Fs5zG64q0LGZCqhvV31sCLCI1p izLbxPPC8Egmrb89lyUXaQ4Pj86watRFCobC+/22JJBlxfXNoNH79iNQaiaUJyrt yte6inLmLOJq04k13cHxPoGIEOgZljdaMfeQiQf2T5tvwbOUVWuSx+AU4q4blRnK miNQCbAGDLS3Wukn12bvJ3gPMIbVFPWYNdzDlmCwTZR6CaSBaG9b80+Fmvcl7RZ6 Tp63lJhA3AZEllI/xms1Rl15TH4G5ZvU5prZjp9vX2QFOgCUqNu9ubFQ33u8BEwo XX9FSI37G7Z3N8MrePodwIbRyem/7tdl0rKZMIk7tuW0IfCxTUpk/a6652l9aP+b XcXaoTQ8Gcfn/sPAA7FtEBUxcdNTSdSFzP/bzQ==vOpGQdVhGmtvyXtEzzRCJ33+jdg4vqJoW8tSJf9DJ4A=h238mm3U7Uz1YaypAREEYDKkLWkxnoAh+6KMPhgLm4w=oIQlKd02WEhRgmc6/G/LgYpSiHfv0kiuG50LGZRuLc8+pI9Pn9Y04iBN7t9TuaV1 UPI/pN3ycEU0tYlFtf8XsVY3AphOSRYaY8KYpKVHNLx8yeE14sDbaiD6uFFKuVk2 ND9LSNICteSej0r668E6KcGnrpiEDIyKaNmtkRYp/lvG4XCmeOi2Tml6ZLlpXMz6 prnc9EqAiZ64733mFD1xJ8RI2VhEz6KU4C9C18czYtDhY01Fp1p+5BJLltwh28O7 JOpv/utenn82WtsGNlgmuYCdp5PwauzmjKkdWs0zVuYxsxm9tm1j3dU/ODYh9zbu sjcJfiCQ4Yl2o0OxYLPVH0PIlx3RL9LUHob90EzncJInAUOD0v/zB873AchvCvSj e9up8hULP1qafDNG86sjVoZdnfKk7vzZ41w87bkJtHA1JeXa+XJOrBXCjx0wKXwH Q202PbWMILyMnz8SwmEx91uLG0JlXAMbCPGyZi+oGUNEMb18UZregWMC8Wd95gx5MIIHDDCCBPSgAwIBAgIQOEhQsIODdgQa8k0MYIM4vjANBgkqhkiG9w0BAQsFADBl MQswCQYDVQQGEwJQTDEhMB8GA1UECgwYQXNzZWNvIERhdGEgU3lzdGVtcyBTLkEu MRgwFgYDVQQDDA9DZXJ0dW0gUUNBIDIwMTcxGTAXBgNVBGEMEFZBVFBMLTUxNzAz NTk0NTgwHhcNMjQwNDE3MTQyNTEzWhcNMjYwNDE3MTQyNTEzWjBxMR0wGwYDVQQD DBRCYXJ0b3N6IEdyemXFm2tvd2lhazEQMA4GA1UEKgwHQmFydG9zejEVMBMGA1UE BAwMR3J6ZcWba293aWFrMRowGAYDVQQFExFQTk9QTC03NzA4MTEwNDY1OTELMAkG A1UEBhMCUEwwggGiMA0GCSqGSIb3DQEBAQUAA4IBjwAwggGKAoIBgQDfIoPSL9GE iuH4Sp4fwCtOtQ26Q9v2X2BfVhhMziiFn+TND7/ifLnNeM5/014v0hmEYXX/glRo x/pFo+qLJfIrfipvULYma+sFN89rpvxs/nERf+TKRqtXtCEVuGxNqkPEPKTD50OK meyFjWq4uR/yBF57dE7h0ZFLYzrbs6H9wi4GQ+OK3/CWoQInEVgyc676KS+e82UN vbVnl9fIyLjfI9Sj0PPO/GXkdqgWRMg5jT40IBTeIRK2CW8emTJb8B8T9cpfLAjw 8DqjeSeN/NqVWvMEFb2qOlvqrWv6O/vQuoVdYpTGsD4GitG1vu6jforiGEvIPxBp jy4Om2vgQu3h1wUlIv3lRLzCa9kT21aAMNMprBR/tTWFop6djPHzkBe0wo12c9uq ngulE6pLI0F0GN/ASJ4nqfbrZKy1JNmF3riJtqHvVMTcGuMuL33ZlsH1Y+PzzqSo QxeXGVL681Fspuu4AnDC4SH5ZpqTlq2gzr7kXSGd5yuqqSCKM6ISDhsCAwEAAaOC AiowggImMAwGA1UdEwEB/wQCMAAwNgYDVR0fBC8wLTAroCmgJ4YlaHR0cDovL3Fj YS5jcmwuY2VydHVtLnBsL3FjYV8yMDE3LmNybDByBggrBgEFBQcBAQRmMGQwLAYI KwYBBQUHMAGGIGh0dHA6Ly9xY2EtMjAxNy5xb2NzcC1jZXJ0dW0uY29tMDQGCCsG AQUFBzAChihodHRwOi8vcmVwb3NpdG9yeS5jZXJ0dW0ucGwvcWNhXzIwMTcuY2Vy MB8GA1UdIwQYMBaAFCfx2E5gUGi2Yf5oGyhsbeQLcwlNMB0GA1UdDgQWBBRWopns kNAOpGnxIf2e0rAqFAMrHzAOBgNVHQ8BAf8EBAMCBsAwVQYDVR0gBE4wTDAJBgcE AIvsQAECMD8GDCqEaAGG9ncCBAEMATAvMC0GCCsGAQUFBwIBFiFodHRwOi8vd3d3 LmNlcnR1bS5wbC9yZXBvenl0b3JpdW0wgcIGCCsGAQUFBwEDBIG1MIGyMAgGBgQA jkYBATAIBgYEAI5GAQQwgYYGBgQAjkYBBTB8MDwWNmh0dHBzOi8vcmVwb3NpdG9y eS5jZXJ0dW0ucGwvUERTL0NlcnR1bV9RQ0EtUERTX0VOLnBkZhMCZW4wPBY2aHR0 cHM6Ly9yZXBvc2l0b3J5LmNlcnR1bS5wbC9QRFMvQ2VydHVtX1FDQS1QRFNfUEwu cGRmEwJwbDATBgYEAI5GAQYwCQYHBACORgEGATANBgkqhkiG9w0BAQsFAAOCAgEA GLZUR1/GqLn5yh1FavQ1o6f+/7aT1EuE+zOZ+Le3Sl0RRbk5GiZmW9mmmDCl1GTb kCgmCLLQjPXx9zeBpikOTa/hHPo9MoQrIyQy8wXpeVV8BwTkUPv7TFfhyDXHipyC jln/hHvU1VYZMjTtBcxNHshpnTY/2Iyvm+oD+drocMxQS2GC9gravYzP4MUwk/Zv Dd3XFwjeojcKwACtH52tnxqNVjaNU6+xBhxU3SfCIIRkXdDR3qpfsgk6DOLHFOWi 7x4wxlVchpUdgekVw6idD/iIpaFpJNaZsOuYIjZEBjcRYk+XzRt+actkowH7a3lr JRQ8Fb8ZCLI5psqCffvs9E5dKvoJTwPmmVnZOoh4b9KEFIrhzFbG9efE9HxWJVBV nUmfAXy5nF4vBDRze0uNh+7ssAHtcZgkJCcWaHs3ZA/isLDDMcHG619zgm5Hmqbu g+APIEzbPJmSln/s61YH/aRh6UL+jgGPMXA9gPFdwxS4g2qkfqxAnEJgy6IB+Vgl zCuZgecyz2sWR4bi/3pqX7FfUxJLnhpSps5RgxCb7lMCgJ+JxqesTZcbwobA85Ky SSfWmiJ4TIo+waGR8/v8sNzZxrQhc8yi3K0/TLdRVohSzMScC9C2QnniiFvOpRVw NuR7qtpezUstJ2QXActLou1UfTmrUKL5FPs3Pbc7SEM=2026-02-25T08:16:03ZV8ZFn6LnbxmG1O0FgthYdUpjt6kPAnbo9nXW/vF4hng=MIME-Version: 1.0 Content-Type: application/octet-stream Content-Transfer-Encoding: binary Content-Disposition: filename="Sprawozdanie Zarządu z działalności Grupy Kapitałowej PZU i PZU SA za rok 2025.xhtml"http://www.certum.pl/OIDAsURI/signedFile/1.2.616.1.113527.3.1.1.3.1Opis formatu dokumentu oraz jego pełna nazwahttp://www.certum.pl/OIDAsURI/signedFile.pdfapplication/octet-streamMIIMFwYJKoZIhvcNAQcCoIIMCDCCDAQCAQMxDTALBglghkgBZQMEAgEwggERBgsq hkiG9w0BCRABBKCCAQAEgf0wgfoCAQEGCyqEaAGG9ncCBAEOMDEwDQYJYIZIAWUD BAIBBQAEICooqIG48zfbnKMRoAvr3Bii+zPRnru4UEMsBdgX9ze/AgcRw3pVfeaJ GA8yMDI2MDIyNTA4MTYwNlowAwIBAQIINK2Dyul+9FWgbKRqMGgxCzAJBgNVBAYT AlBMMSEwHwYDVQQKDBhBc3NlY28gRGF0YSBTeXN0ZW1zIFMuQS4xGzAZBgNVBAMM EkNlcnR1bSBRVFNBIEczIFIzNTEZMBcGA1UEYQwQVkFUUEwtNTE3MDM1OTQ1OKEe MBwGCCsGAQUFBwEDAQEABA0wCzAJBgcEAIGXXgEBoIIG1DCCBtAwggS4oAMCAQIC CANHNVzGZQkeMA0GCSqGSIb3DQEBDQUAMG8xCzAJBgNVBAYTAlBMMR0wGwYDVQQK DBROYXJvZG93eSBCYW5rIFBvbHNraTEmMCQGA1UEAwwdTmFyb2Rvd2UgQ2VudHJ1 bSBDZXJ0eWZpa2FjamkxGTAXBgNVBGEMEFZBVFBMLTUyNTAwMDgxOTgwHhcNMjQx MjEzMTAzMzM3WhcNMzUxMjEzMjM1OTU5WjBoMQswCQYDVQQGEwJQTDEhMB8GA1UE CgwYQXNzZWNvIERhdGEgU3lzdGVtcyBTLkEuMRswGQYDVQQDDBJDZXJ0dW0gUVRT QSBHMyBSMzUxGTAXBgNVBGEMEFZBVFBMLTUxNzAzNTk0NTgwggIiMA0GCSqGSIb3 DQEBAQUAA4ICDwAwggIKAoICAQDEdjj41Kb9cT7e0N28v5pfH/DofT3MdcjkQMxL 6MNrJKk5Eng8yG7cu9lru9QB/URpYMGnmz3iNbGZWG53OOfFZg7p967ChUmkBhcV q9IYlTgovK+pRDvzqA27gAIx4n1eUeYpw2IVAKAcj/Mrr3oJLkuq3r49fZI4NtRb XLmY0YSpGjOH+kN4tJw+O+DL0KuGQQpwUxN1le5O8+9LJkmai5JHKIAGGZydXe8x WB4fTdVtgMTXbnoeSZ/I/voe2CpiqUzUH2hQ58bKRqsHwUxQTZx69Opk+OR1oV3H qVegPLxKDhwJ443I9sySo0aCcHENGaFOyDOLUQ/pZnVxS/AMQ5a9VrMRBpxomlWl OQzAn3qZwFOfgjUQcC5ikWQvVOpBrUmUuyyMEDmH3fXP/fTmtdZ54Dj2A+eqzkfu IV8aVT6q6s/MTHWQTOYnUG7D3dx6KoBpDPnT0BBNflFDoLD35r2ZViwW6UwxoB/S ZTQaC4/dbgP2KTuCgTuJsURvoQerEFbmVh8IiEgD49ecrakJ36o06WK0LlKLTJ4K 9WJElIT0q6H74hTYVpJkOKd3ccrNUPNOx1EXKNtp/ddC5Ao6JCPNcbrX4GvMnFXX 7FBAXjDgSmEHc7+fjW044gPEHOfA6eJ8QFi32qw2YAZ3RrcvGor7tUDHiYt1qA2a QeEmbQIDAQABo4IBdTCCAXEwgawGA1UdIwSBpDCBoYAUKbPIxN+jh/hmBRJY/UYq uJgNeYehc6RxMG8xCzAJBgNVBAYTAlBMMR0wGwYDVQQKDBROYXJvZG93eSBCYW5r IFBvbHNraTEmMCQGA1UEAwwdTmFyb2Rvd2UgQ2VudHJ1bSBDZXJ0eWZpa2Fjamkx GTAXBgNVBGEMEFZBVFBMLTUyNTAwMDgxOTiCFED494qw42QQVpHI2eAs+MHGQApG MDEGA1UdIAEB/wQnMCUwIwYEVR0gADAbMBkGCCsGAQUFBwIBFg13d3cubmNjZXJ0 LnBsMAwGA1UdEwEB/wQCMAAwDgYDVR0PAQH/BAQDAgbAMBYGA1UdJQEB/wQMMAoG CCsGAQUFBwMIMB0GA1UdDgQWBBRUaJrVazqtqYCkZV9ouoguaFmIPzA4BgNVHR8E MTAvMC2gK6AphidodHRwOi8vd3d3Lm5jY2VydC5wbC9hcmwvbmNjZXJ0MjAxNi5j cmwwDQYJKoZIhvcNAQENBQADggIBACbhYoUHAYOh7elVXy48sl9f6jLysy+WqCcZ mIOup12qWXYsc42JIYW2VY5UFMXBRtbRwB+qEDjZN1I07DwOPctIEeQonR7Nj7ds m38FK8GUgJBM/jCXDGlYStHrc9uuBFcfCFWI7bqmMjuqNbBrrnzBvrv4lWIOtKyB nN9UZSB1UAeojUSM1lqlt3rZqKYOMUB/5WLZ8FMbSTYYz4gcNx50M7VTwem7aokL NwpH2OgBbeQtD0JH1tLaxxeI/AOHuSy7xbWwSuka0sZib3GbrEFNM2Trz2jMLqds swL1kPRRUpkIn2CxRv416DHulHtO2us+IMc9Ou1S8FyMBPuVNtO/f1U81r4DMHAJ qY0je7zN1vqkuNZbecuLgYw453M92kt9FnOXvehdxiRzGt5dBzUq1BWfFRD0HBWy E3bXDq7VpcOVcpx2FRTRR38Zj+28r8kXy44E3Tm6hZa6N+3PICkjC7XJjRF51Af0 B2wK/Lw6LbO98+RFch/i/pTJZHDpobmjll9BxN7gUakGP7zMdRVZOQpHjcfGMWr4 pcwEC/G/c/vuVxZjMpFn8uDonXXJOJ+mnomz/4tPiNW5cZlX5eSiV1+qw6LZLxpp kGVPsJtktfeyjLvMA6237jY43NSIWsiIy0z5qGDJF++Dv7msgeRiOR6CgWcWTZOh GimhNmONMYIEATCCA/0CAQEwezBvMQswCQYDVQQGEwJQTDEdMBsGA1UECgwUTmFy b2Rvd3kgQmFuayBQb2xza2kxJjAkBgNVBAMMHU5hcm9kb3dlIENlbnRydW0gQ2Vy dHlmaWthY2ppMRkwFwYDVQRhDBBWQVRQTC01MjUwMDA4MTk4AggDRzVcxmUJHjAN BglghkgBZQMEAgEFAKCCAVcwGgYJKoZIhvcNAQkDMQ0GCyqGSIb3DQEJEAEEMBwG CSqGSIb3DQEJBTEPFw0yNjAyMjUwODE2MDZaMC8GCSqGSIb3DQEJBDEiBCBYV/Ch RFz515JxpIJrKk9P0Nm60EMWrlyeqc99CpkDFDA3BgsqhkiG9w0BCRACLzEoMCYw JDAiBCB3sbcuNyCgHzKwK5ezMcNElGk376ujK4InNfhORxykuTCBsAYLKoZIhvcN AQkQAgwxgaAwgZ0wgZowgZcEFPQjcKB3ILsYHXlCZ5iC58SLbMT/MH8wc6RxMG8x CzAJBgNVBAYTAlBMMR0wGwYDVQQKDBROYXJvZG93eSBCYW5rIFBvbHNraTEmMCQG A1UEAwwdTmFyb2Rvd2UgQ2VudHJ1bSBDZXJ0eWZpa2FjamkxGTAXBgNVBGEMEFZB VFBMLTUyNTAwMDgxOTgCCANHNVzGZQkeMA0GCSqGSIb3DQEBCwUABIICADN7eAb1 YyVyn37Op/S0bM250uuFl3/XlydqVSba+PagmY2xKEPdsBtaZorguneh5T46iuO4 bDjqTac3qdmGh227n0KC2kOrTtBd2Vcet7+udO78LOuTGkKE5nJEB1Avc8t7d8+r EgBdX8vB7W5spxilMwcJYZCU2q1LTiFTXq8tdnBHqhIhTzWWRpoacIrw/S17RgVV /cJyZTOZuPCMgT71DWcZwLERxe0eO7ZYiaEenaWNBrCgb9mwaeYBolTOKL4dAFik iThKjZUB51PH+/McsfUydB16BhEOoew82dRLfesiUA7W4xAqaGNjeOOagsDkxIj7 2T1PL9JbdPFJypxrOzUK3Qh8WyrXC69Lw+KAuhygnQcUDUe8KWU9PIjqJKhVce/D SQJ8J3zWqftCPK1xYVw4mq4bNqZGhrAWJdSS3U0nYLsMJZgwMJz8Vmr2QiBGp3HP 2ri1VcsqsMgVC8lQuG9J+QpxKtOqAnhz028onEe+AZdUwS3kCMoFMGWLqg+CwIbS Xt8ils1+Wz6GDg8nQaOYZjG786JlM/EHRjdAmq6WJ0E05VfpNQoDYYxk7gcsL+wA DxX7k65qOjNm51uAsVx+xV+2rabD9Ttr35bdXSfX2u+6PyL+L/1dhmu3iBmvp/jl W3hevbIT9D0fdP1ncTgs+vB0cavEhg/g5HBZvOpGQdVhGmtvyXtEzzRCJ33+jdg4vqJoW8tSJf9DJ4A=2dBPrrn1b51Vvgukv+kmWoPvjvyXhpbOApJk5XajJME=PKMMpf1a0PBDgWr7/8C4P8LjtrQl7neEpvLSoPP+B6vkips0S5xTRzVexTVKS0CS JG52+ZhgzmlIf1QzPgff1pLq4ZVTeVkcWntoxOr/elaHQyWLyQu7LqbOQyDR8rGQ qZFUK7Mxqe2w20Tv2zhWORpO39qQt0Sn8elDB6TAU68u56oyvWMJ9V1ACwjq0Ihw NFcw2JOxvnaKDrau9FhccrTwBeTD2oFB17GbI/vJl7N9vY1XOjjtLU7DcSHXYVni 1yt46ajZrdM8AHuGK1rr2FtGrp8Wyk8Qih8FHyDUZ7Eb+5WVyTMQNvX1ejwQ5Hfk DZ2uPuCTz666RTZXrh92FdmBLdoGFJNauNJPSGYxkburLF1sXL3lhHoz7IsByk52 RRNQrou6tw7penlX9seH0/znFrVasVY1+25Enx8uKEjNmd/Tncqo7xyCbATXJ5AV /TmQYwDDOXjVj5lMEFZ2COqPU8pt8l1JdvA/UhdWYEl/cG9yEfNwxLgfAmzwjctiMIIHHTCCBQWgAwIBAgIQbuejRvdnhZWffrht7K5UQTANBgkqhkiG9w0BAQsFADBl MQswCQYDVQQGEwJQTDEhMB8GA1UECgwYQXNzZWNvIERhdGEgU3lzdGVtcyBTLkEu MRgwFgYDVQQDDA9DZXJ0dW0gUUNBIDIwMTcxGTAXBgNVBGEMEFZBVFBMLTUxNzAz NTk0NTgwHhcNMjQwNDE3MTMyNDE3WhcNMjYwNDE3MTMyNDE3WjCBgTElMCMGA1UE AwwcRWzFvGJpZXRhIEjDpHVzZXItU2Now7ZuZWljaDESMBAGA1UEKgwJRWzFvGJp ZXRhMRswGQYDVQQEDBJIw6R1c2VyLVNjaMO2bmVpY2gxGjAYBgNVBAUTEVBOT1BM LTY3MTExNDAxNDAxMQswCQYDVQQGEwJQTDCCAaIwDQYJKoZIhvcNAQEBBQADggGP ADCCAYoCggGBALlwnUuiC0qwrJP80E0BfoakTZ3Da/5k8lEirgzKthRw3Yl6WBZa mAV9ydXTbksDqPvyrKqVPHIbbQzHDfDyJ53AKXgnhE/xkSsqA0lQYaffAJK2SwkO QJh/qcr8F49Sw3JrOMwgTT6ThNAgBVxS698gaBpz9Ov5hrEj+38bjKKtQHpRB+A3 upyMh/4VE8tVT/DlI245nvSzvuRgn02hxqAjIVkl1vZDeq6sjLV3aapZug8cApP0 pwvPc6RLgJhh0WHJ6QdUhhpwgQpW3q/xKuM0i0FuThyEF49faEKkRrZpA8GotVWA j5Z8+9rKyxQORJjDeVymgrdpLFdPQdq8ziPHJOFbg8+BQNoSABi10sN0hxxd7Knb Nl1vnh7X8cQG4nC1HXLG0PXOl7J3oFHoXcAaGjre86v0BrLhoG3HYCH8Fqt3LvV7 nlO0oCCxxchq0Ut3n2uNRXtaYwXH/8iWSD4hev9SGCKm4d44e9LbAPWhxh5rwa+Q K+k0VLE4zAlbKQIDAQABo4ICKjCCAiYwDAYDVR0TAQH/BAIwADA2BgNVHR8ELzAt MCugKaAnhiVodHRwOi8vcWNhLmNybC5jZXJ0dW0ucGwvcWNhXzIwMTcuY3JsMHIG CCsGAQUFBwEBBGYwZDAsBggrBgEFBQcwAYYgaHR0cDovL3FjYS0yMDE3LnFvY3Nw LWNlcnR1bS5jb20wNAYIKwYBBQUHMAKGKGh0dHA6Ly9yZXBvc2l0b3J5LmNlcnR1 bS5wbC9xY2FfMjAxNy5jZXIwHwYDVR0jBBgwFoAUJ/HYTmBQaLZh/mgbKGxt5Atz CU0wHQYDVR0OBBYEFFpa8eX5z690rYIRbTFUnVH+1o8sMA4GA1UdDwEB/wQEAwIG wDBVBgNVHSAETjBMMAkGBwQAi+xAAQIwPwYMKoRoAYb2dwIEAQwBMC8wLQYIKwYB BQUHAgEWIWh0dHA6Ly93d3cuY2VydHVtLnBsL3JlcG96eXRvcml1bTCBwgYIKwYB BQUHAQMEgbUwgbIwCAYGBACORgEBMAgGBgQAjkYBBDCBhgYGBACORgEFMHwwPBY2 aHR0cHM6Ly9yZXBvc2l0b3J5LmNlcnR1bS5wbC9QRFMvQ2VydHVtX1FDQS1QRFNf RU4ucGRmEwJlbjA8FjZodHRwczovL3JlcG9zaXRvcnkuY2VydHVtLnBsL1BEUy9D ZXJ0dW1fUUNBLVBEU19QTC5wZGYTAnBsMBMGBgQAjkYBBjAJBgcEAI5GAQYBMA0G CSqGSIb3DQEBCwUAA4ICAQAUfy6YJMTXEKXirV2E7zgTceeJi6bE5qJGJGFhz+gR 0pUfdLEbj4Alq0jT4OZ7dSQwxQHd51TaodaXeC0QURbSSK8c82Be6PXo+vmsl1LM FGoLsfzm0da/MYPu9HHD55F3rjhz6dolyzQkt8frpQymR6la5QRsz3eEVs8s/ktU eAHwtV90Dcoz3++b4N8HfRhyJOwFpLIA4dnK6HNLRkJeKeoElAazMVBL6sFJlq82 J//5a/4EbeIg+GktKbLu7J5xtUsgcpX4Z2wkliUkWqV1Its57Z0ySpZsDgb6HuNJ iJJSH+VIjAt1L0ASukMxaO1nEIZ5fFmQWf/Ubtqc+pzNbC1RtGqg5Ifw6u3yo09Q v3Q4RYHVYcWwQNW4NmbAyvTTq63yJZkIIMtDudmY5Qx/R0fNMlOU37vuAx4Ah2zz rCS7r76+eZ4YQx7RwJbKjooaO73+9/mZ7d48Bs95fLhBrHM9mTtvUVKu2mVXhGF8 wdjzbE1sBEah3j0afUYQkBUJ8ki9Yb+q4wySkLArAnshL6nxT8VC2SqkTyHdJ3Is x42M1FGMNdakxnDlhoF7vQ5HpnCk3JWTq/1RoWTg5vPeZVvJ53n0qqTUYftcM38L i5c7M3iBOwEhTJ4iXkNN4EUZzjVeUWWPYsCSB91dWslur86IkRCLf2LG8PVzugEYLA==2026-02-25T08:17:36ZN9/8r7sbE7yqkni7QhlA+8Fa2GnbKEEqZ3GhHy8tsmk=MIME-Version: 1.0 Content-Type: application/octet-stream Content-Transfer-Encoding: binary Content-Disposition: filename="Sprawozdanie Zarządu z działalności Grupy Kapitałowej PZU i PZU SA za rok 2025.xhtml"http://www.certum.pl/OIDAsURI/signedFile/1.2.616.1.113527.3.1.1.3.1Opis formatu dokumentu oraz jego pełna nazwahttp://www.certum.pl/OIDAsURI/signedFile.pdfapplication/octet-streamMIIMFwYJKoZIhvcNAQcCoIIMCDCCDAQCAQMxDTALBglghkgBZQMEAgEwggERBgsq hkiG9w0BCRABBKCCAQAEgf0wgfoCAQEGCyqEaAGG9ncCBAEOMDEwDQYJYIZIAWUD BAIBBQAEIFUMumO0NjEO0WnA9ZGhOMFwFaUlyR/9xCPTq0mTrnRsAgcRw3pVkLE+ GA8yMDI2MDIyNTA4MTczOFowAwIBAQIIMt6dqBFusRCgbKRqMGgxCzAJBgNVBAYT AlBMMSEwHwYDVQQKDBhBc3NlY28gRGF0YSBTeXN0ZW1zIFMuQS4xGzAZBgNVBAMM EkNlcnR1bSBRVFNBIEczIFIzNTEZMBcGA1UEYQwQVkFUUEwtNTE3MDM1OTQ1OKEe MBwGCCsGAQUFBwEDAQEABA0wCzAJBgcEAIGXXgEBoIIG1DCCBtAwggS4oAMCAQIC CANHNVzGZQkeMA0GCSqGSIb3DQEBDQUAMG8xCzAJBgNVBAYTAlBMMR0wGwYDVQQK DBROYXJvZG93eSBCYW5rIFBvbHNraTEmMCQGA1UEAwwdTmFyb2Rvd2UgQ2VudHJ1 bSBDZXJ0eWZpa2FjamkxGTAXBgNVBGEMEFZBVFBMLTUyNTAwMDgxOTgwHhcNMjQx MjEzMTAzMzM3WhcNMzUxMjEzMjM1OTU5WjBoMQswCQYDVQQGEwJQTDEhMB8GA1UE CgwYQXNzZWNvIERhdGEgU3lzdGVtcyBTLkEuMRswGQYDVQQDDBJDZXJ0dW0gUVRT QSBHMyBSMzUxGTAXBgNVBGEMEFZBVFBMLTUxNzAzNTk0NTgwggIiMA0GCSqGSIb3 DQEBAQUAA4ICDwAwggIKAoICAQDEdjj41Kb9cT7e0N28v5pfH/DofT3MdcjkQMxL 6MNrJKk5Eng8yG7cu9lru9QB/URpYMGnmz3iNbGZWG53OOfFZg7p967ChUmkBhcV q9IYlTgovK+pRDvzqA27gAIx4n1eUeYpw2IVAKAcj/Mrr3oJLkuq3r49fZI4NtRb XLmY0YSpGjOH+kN4tJw+O+DL0KuGQQpwUxN1le5O8+9LJkmai5JHKIAGGZydXe8x WB4fTdVtgMTXbnoeSZ/I/voe2CpiqUzUH2hQ58bKRqsHwUxQTZx69Opk+OR1oV3H qVegPLxKDhwJ443I9sySo0aCcHENGaFOyDOLUQ/pZnVxS/AMQ5a9VrMRBpxomlWl OQzAn3qZwFOfgjUQcC5ikWQvVOpBrUmUuyyMEDmH3fXP/fTmtdZ54Dj2A+eqzkfu IV8aVT6q6s/MTHWQTOYnUG7D3dx6KoBpDPnT0BBNflFDoLD35r2ZViwW6UwxoB/S ZTQaC4/dbgP2KTuCgTuJsURvoQerEFbmVh8IiEgD49ecrakJ36o06WK0LlKLTJ4K 9WJElIT0q6H74hTYVpJkOKd3ccrNUPNOx1EXKNtp/ddC5Ao6JCPNcbrX4GvMnFXX 7FBAXjDgSmEHc7+fjW044gPEHOfA6eJ8QFi32qw2YAZ3RrcvGor7tUDHiYt1qA2a QeEmbQIDAQABo4IBdTCCAXEwgawGA1UdIwSBpDCBoYAUKbPIxN+jh/hmBRJY/UYq uJgNeYehc6RxMG8xCzAJBgNVBAYTAlBMMR0wGwYDVQQKDBROYXJvZG93eSBCYW5r IFBvbHNraTEmMCQGA1UEAwwdTmFyb2Rvd2UgQ2VudHJ1bSBDZXJ0eWZpa2Fjamkx GTAXBgNVBGEMEFZBVFBMLTUyNTAwMDgxOTiCFED494qw42QQVpHI2eAs+MHGQApG MDEGA1UdIAEB/wQnMCUwIwYEVR0gADAbMBkGCCsGAQUFBwIBFg13d3cubmNjZXJ0 LnBsMAwGA1UdEwEB/wQCMAAwDgYDVR0PAQH/BAQDAgbAMBYGA1UdJQEB/wQMMAoG CCsGAQUFBwMIMB0GA1UdDgQWBBRUaJrVazqtqYCkZV9ouoguaFmIPzA4BgNVHR8E MTAvMC2gK6AphidodHRwOi8vd3d3Lm5jY2VydC5wbC9hcmwvbmNjZXJ0MjAxNi5j cmwwDQYJKoZIhvcNAQENBQADggIBACbhYoUHAYOh7elVXy48sl9f6jLysy+WqCcZ mIOup12qWXYsc42JIYW2VY5UFMXBRtbRwB+qEDjZN1I07DwOPctIEeQonR7Nj7ds m38FK8GUgJBM/jCXDGlYStHrc9uuBFcfCFWI7bqmMjuqNbBrrnzBvrv4lWIOtKyB nN9UZSB1UAeojUSM1lqlt3rZqKYOMUB/5WLZ8FMbSTYYz4gcNx50M7VTwem7aokL NwpH2OgBbeQtD0JH1tLaxxeI/AOHuSy7xbWwSuka0sZib3GbrEFNM2Trz2jMLqds swL1kPRRUpkIn2CxRv416DHulHtO2us+IMc9Ou1S8FyMBPuVNtO/f1U81r4DMHAJ qY0je7zN1vqkuNZbecuLgYw453M92kt9FnOXvehdxiRzGt5dBzUq1BWfFRD0HBWy E3bXDq7VpcOVcpx2FRTRR38Zj+28r8kXy44E3Tm6hZa6N+3PICkjC7XJjRF51Af0 B2wK/Lw6LbO98+RFch/i/pTJZHDpobmjll9BxN7gUakGP7zMdRVZOQpHjcfGMWr4 pcwEC/G/c/vuVxZjMpFn8uDonXXJOJ+mnomz/4tPiNW5cZlX5eSiV1+qw6LZLxpp kGVPsJtktfeyjLvMA6237jY43NSIWsiIy0z5qGDJF++Dv7msgeRiOR6CgWcWTZOh GimhNmONMYIEATCCA/0CAQEwezBvMQswCQYDVQQGEwJQTDEdMBsGA1UECgwUTmFy b2Rvd3kgQmFuayBQb2xza2kxJjAkBgNVBAMMHU5hcm9kb3dlIENlbnRydW0gQ2Vy dHlmaWthY2ppMRkwFwYDVQRhDBBWQVRQTC01MjUwMDA4MTk4AggDRzVcxmUJHjAN BglghkgBZQMEAgEFAKCCAVcwGgYJKoZIhvcNAQkDMQ0GCyqGSIb3DQEJEAEEMBwG CSqGSIb3DQEJBTEPFw0yNjAyMjUwODE3MzhaMC8GCSqGSIb3DQEJBDEiBCDTJ62N D68C8AmHEIDX2tZLCKt+9ICv4Yo9geij6TZLBzA3BgsqhkiG9w0BCRACLzEoMCYw JDAiBCB3sbcuNyCgHzKwK5ezMcNElGk376ujK4InNfhORxykuTCBsAYLKoZIhvcN AQkQAgwxgaAwgZ0wgZowgZcEFPQjcKB3ILsYHXlCZ5iC58SLbMT/MH8wc6RxMG8x CzAJBgNVBAYTAlBMMR0wGwYDVQQKDBROYXJvZG93eSBCYW5rIFBvbHNraTEmMCQG A1UEAwwdTmFyb2Rvd2UgQ2VudHJ1bSBDZXJ0eWZpa2FjamkxGTAXBgNVBGEMEFZB VFBMLTUyNTAwMDgxOTgCCANHNVzGZQkeMA0GCSqGSIb3DQEBCwUABIICABiSjPIk +IVvw8ACQZvos70Am6q/SkMwjCOxx55K7uWX3SZlfjspm7Anf9arQQWNbs+3BDfH Z9OYrNfkGsIxIqznbmLsER+Ih5+mvC5BJnfNyQzUoDQhpazF1oPp0RpL0ikO/JV/ XDhqAOXd8o/BTIJLmEm3tLENhST+mH8uYqrBqLJszPHKhe5Cz9pnre0lYChvIdZn eKyVNgQdefb8RbQoadcmGuPJKtqDTHpFyh3ptjFcWZmt9tjmFxn01RZ463Na1Bbe ZWwb+zhH33gAB/R8dEn/U4x6cJ44oud9nmg+yEp/88jf89rHg89gsLSiDG8Ot6m1 XDM88hp5SIDqbr3h1YbWpg9iNxuZgGFIM+jnQ97anSpdcjFmTgQr7sT9Nnrb3y2j GkhFuuAIfWSWdQo8MScVrmXdNBKaRqqd6dqhYuqWKFCmKsyVVcRIob6nvj9yinvF sSQ74T91avjfNT5aoSw2oMH5+ZS1CWSjIW68IHICaTSUf0iU0da5k+dxRhX3R7Ec JZq7gzY8EuNpPyZQa9RXyzczgz+6VhXvULb6K5T4pzzl09g7RcKAuTUWAG3Be6CK Lx0jsEltgfDShRnCGS7Emy9mc0A6sBLON9oSJ8WvTsC12iLLSFANYg2ORPLKFogH Z8CzNYj2IoynfeBRmhV0JqbxVeS5ZE3Seds1vOpGQdVhGmtvyXtEzzRCJ33+jdg4vqJoW8tSJf9DJ4A=hwwDYQwH1UE2SqIP102pqDKPXjql3lwfTDH+wULuGdI=pKo6Q7IV9+GakeCt1N1/3PKPOYmjnmjQs596j4upujKUQBX99hUjV47j9a+aYjbs JdTi8LTncNB3qnTHem+KPx04zHMpAN+GIlwvyHvy/Cc/ulh096/WuD5usD5ygnkE V9zI9p7tpbQMfe5cdZpSu58/vCBKvy5IE/9uzA6nI02UkTll4lGRiQnStd6SJwaR Y9l9QAT5lhIQUsGTnGmxK3x8CrEpsz2FdpKbp0P0tf1kCDoB1z1GHpu3nQZLmieU rTPmosUXfPfvm+9ytkL8dNAJqCj+8a/nfZS3q/tMiQ3eKODjZI+esQIJ/gTZsMHH oyN13FxDgfetVXzksmhrOtBg1b+g6O4s224lMa81+qlUKLW2xgA/mvgNMx/WdIrw b9bC3QL+zb8wWZrkL6XZj1VxcG/UesXO2daViyFIAwpOxZOA40E6eNN/ZxEC5W8h +zvUCdZlnv7QKISKIzs4hJ9GMf53POGCvfGHQ5rI2xvWXc3GDIkZINrXdKWE8TrAMIIHDDCCBPSgAwIBAgIQI7ZJ0vAHci6P2QfuagHoVTANBgkqhkiG9w0BAQsFADBn MQswCQYDVQQGEwJQTDEhMB8GA1UECgwYQXNzZWNvIERhdGEgU3lzdGVtcyBTLkEu MRowGAYDVQQDDBFDZXJ0dW0gUUNBIEczIFIzNTEZMBcGA1UEYQwQVkFUUEwtNTE3 MDM1OTQ1ODAeFw0yNTA0MDcwNzAyMTZaFw0yODA0MDYwNzAyMTZaMGExFTATBgNV BAMMDFRvbWFzeiBLdWxpazEPMA0GA1UEKgwGVG9tYXN6MQ4wDAYDVQQEDAVLdWxp azEaMBgGA1UEBRMRUE5PUEwtNzQxMTI2MDA1OTMxCzAJBgNVBAYTAlBMMIIBojAN BgkqhkiG9w0BAQEFAAOCAY8AMIIBigKCAYEA7ins40CEsxICbHNrTTTE++POWXrm Yu1EMFwZ8H8CNs4v/w3qdJ0h0SUzROM5IBQMHYCUOQjHIoK+iDw4E0xSFRyC/LhG jd8/3RG4LXmYpdkrR0wwjn+TmBAr1XAH2zxx5ieso7cn23mUtaOC/7Z+g7246kAR veNb9lCTIiHIuershK+6We7I8xZQJvgcvFRKD2JrH64A2OkKkdfNdSgWQ0bt9UCM hcnNAbP2qLYVyX6wdoUrzp3uqX6zIteSM1DvioemxgzRqseSZ0y22kUK4wq7i1IF 3lv2LS+RdmiW5lyh9OS2iknSRTKs42LqMIPNHLPMv6m4RxKOrhmCjZs9BdByWkki mAHTyKhS1LW6/oPEnp7hnHeiZbFS98Krg8yeqyx4P1Lom98Y/CpFjthduo+05HGS suO+bOKyDtukl8pP8Gt0vV/vEf3BJKu5LwL2nQsNqufManLn9NA+JZ58ek/ylKRA H2ZQPCZR4+ACTbwLfDLDHUEKZoNdyX2UuegtAgMBAAGjggI4MIICNDAMBgNVHRMB Af8EAjAAMDsGA1UdHwQ0MDIwMKAuoCyGKmh0dHA6Ly9xY2FnM3IzNS5jcmwuY2Vy dHVtLnBsL3FjYWczcjM1LmNybDB7BggrBgEFBQcBAQRvMG0wLAYIKwYBBQUHMAGG IGh0dHA6Ly9xY2FnM3IzNS5xb2NzcC1jZXJ0dW0uY29tMD0GCCsGAQUFBzAChjFo dHRwOi8vcWNhZzNyMzUucmVwb3NpdG9yeS5jZXJ0dW0ucGwvcWNhZzNyMzUuY2Vy MB8GA1UdIwQYMBaAFOIzn7JghQVN+V6a0ZxcD9v9w0muMB0GA1UdDgQWBBTGW120 RX8N7/1FG72YVF/7XNIxvTAOBgNVHQ8BAf8EBAMCBsAwVQYDVR0gBE4wTDAJBgcE AIvsQAECMD8GDCqEaAGG9ncCBAEMAjAvMC0GCCsGAQUFBwIBFiFodHRwOi8vd3d3 LmNlcnR1bS5wbC9yZXBvenl0b3JpdW0wgcIGCCsGAQUFBwEDBIG1MIGyMAgGBgQA jkYBATAIBgYEAI5GAQQwgYYGBgQAjkYBBTB8MDwWNmh0dHBzOi8vcmVwb3NpdG9y eS5jZXJ0dW0ucGwvUERTL0NlcnR1bV9RQ0EtUERTX0VOLnBkZhMCZW4wPBY2aHR0 cHM6Ly9yZXBvc2l0b3J5LmNlcnR1bS5wbC9QRFMvQ2VydHVtX1FDQS1QRFNfUEwu cGRmEwJwbDATBgYEAI5GAQYwCQYHBACORgEGATANBgkqhkiG9w0BAQsFAAOCAgEA bFavHx+7/T6QLVqQPtzHw08ZLxbdTv4x+jOiMdWaVBcXse6v6axG9+RCzOA864T0 qNaDI2ThBC0uj3/g2NpCDfcMHkwEiuOVy8R68IYpUasVcZutd01wQ/s6x2LJgnPq 8rBXvPKZjP1j391+Tke30drou/YaIvWz30QlihzYiYkF1sPRkd0Awjm0JwTEEdES m4Go+dnwnCf6YDyQGKGpSdTbm3ZLu8SduPKZX13FAC1rk3OtbR8h2NzzHIZCNPqi NWqGkKfSvB9oZ2so8yWQLhyCQwk7lNZH357PGjwzKmVZNJTfUDyWTMqb54/byPtZ ZuKDobt3xyiua3VZXscLechyquIBNQmxv0fnO0q+BZvdER3x/Jgv7vYWmvP1HpX2 0zW6HkKIakx153DsaBs9hLRRpTPQK52rADDtcvG7pgNyCzJdhJIE2h4UEr5gj76u g3Xh6NYTNQCIEDE4vy+vb/wM8ggaZivZYpF44EMm0cKqJ66opTeZlIHy0LAAZ+/I B/txlJZy3w4GbojYUnY7x74lPiKyvjre2exsREdcLxowaoPJIRaLA3f+4G+6ozm/ xm+aDEvNgumasEUJh1wSfJnm9TGymHZ2VG6Vu3dKZ6oAlr3X5G2PD99FvO0MNtlk /pZiK/s5+/h+IFrzWW1xAM1xBO8pJlYp4PmMF8b5XHA=2026-02-25T08:20:26ZJUpvVx6Q6I9zhvSOi57upUadz3sLfSdLAqVScj7SE/s=MIME-Version: 1.0 Content-Type: application/octet-stream Content-Transfer-Encoding: binary Content-Disposition: filename="Sprawozdanie Zarządu z działalności Grupy Kapitałowej PZU i PZU SA za rok 2025.xhtml"http://www.certum.pl/OIDAsURI/signedFile/1.2.616.1.113527.3.1.1.3.1Opis formatu dokumentu oraz jego pełna nazwahttp://www.certum.pl/OIDAsURI/signedFile.pdfapplication/octet-streamMIIMFwYJKoZIhvcNAQcCoIIMCDCCDAQCAQMxDTALBglghkgBZQMEAgEwggERBgsq hkiG9w0BCRABBKCCAQAEgf0wgfoCAQEGCyqEaAGG9ncCBAEOMDEwDQYJYIZIAWUD BAIBBQAEINRvnrcsiZ724m3Yw8vfZEfcN92Y6TIy+1rOFBMgDE9hAgcRw3pVfhxT GA8yMDI2MDIyNTA4MjAyOFowAwIBAQIIHdnxeA3eyo6gbKRqMGgxCzAJBgNVBAYT AlBMMSEwHwYDVQQKDBhBc3NlY28gRGF0YSBTeXN0ZW1zIFMuQS4xGzAZBgNVBAMM EkNlcnR1bSBRVFNBIEczIFIzNTEZMBcGA1UEYQwQVkFUUEwtNTE3MDM1OTQ1OKEe MBwGCCsGAQUFBwEDAQEABA0wCzAJBgcEAIGXXgEBoIIG1DCCBtAwggS4oAMCAQIC CANHNVzGZQkeMA0GCSqGSIb3DQEBDQUAMG8xCzAJBgNVBAYTAlBMMR0wGwYDVQQK DBROYXJvZG93eSBCYW5rIFBvbHNraTEmMCQGA1UEAwwdTmFyb2Rvd2UgQ2VudHJ1 bSBDZXJ0eWZpa2FjamkxGTAXBgNVBGEMEFZBVFBMLTUyNTAwMDgxOTgwHhcNMjQx MjEzMTAzMzM3WhcNMzUxMjEzMjM1OTU5WjBoMQswCQYDVQQGEwJQTDEhMB8GA1UE CgwYQXNzZWNvIERhdGEgU3lzdGVtcyBTLkEuMRswGQYDVQQDDBJDZXJ0dW0gUVRT QSBHMyBSMzUxGTAXBgNVBGEMEFZBVFBMLTUxNzAzNTk0NTgwggIiMA0GCSqGSIb3 DQEBAQUAA4ICDwAwggIKAoICAQDEdjj41Kb9cT7e0N28v5pfH/DofT3MdcjkQMxL 6MNrJKk5Eng8yG7cu9lru9QB/URpYMGnmz3iNbGZWG53OOfFZg7p967ChUmkBhcV q9IYlTgovK+pRDvzqA27gAIx4n1eUeYpw2IVAKAcj/Mrr3oJLkuq3r49fZI4NtRb XLmY0YSpGjOH+kN4tJw+O+DL0KuGQQpwUxN1le5O8+9LJkmai5JHKIAGGZydXe8x WB4fTdVtgMTXbnoeSZ/I/voe2CpiqUzUH2hQ58bKRqsHwUxQTZx69Opk+OR1oV3H qVegPLxKDhwJ443I9sySo0aCcHENGaFOyDOLUQ/pZnVxS/AMQ5a9VrMRBpxomlWl OQzAn3qZwFOfgjUQcC5ikWQvVOpBrUmUuyyMEDmH3fXP/fTmtdZ54Dj2A+eqzkfu IV8aVT6q6s/MTHWQTOYnUG7D3dx6KoBpDPnT0BBNflFDoLD35r2ZViwW6UwxoB/S ZTQaC4/dbgP2KTuCgTuJsURvoQerEFbmVh8IiEgD49ecrakJ36o06WK0LlKLTJ4K 9WJElIT0q6H74hTYVpJkOKd3ccrNUPNOx1EXKNtp/ddC5Ao6JCPNcbrX4GvMnFXX 7FBAXjDgSmEHc7+fjW044gPEHOfA6eJ8QFi32qw2YAZ3RrcvGor7tUDHiYt1qA2a QeEmbQIDAQABo4IBdTCCAXEwgawGA1UdIwSBpDCBoYAUKbPIxN+jh/hmBRJY/UYq uJgNeYehc6RxMG8xCzAJBgNVBAYTAlBMMR0wGwYDVQQKDBROYXJvZG93eSBCYW5r IFBvbHNraTEmMCQGA1UEAwwdTmFyb2Rvd2UgQ2VudHJ1bSBDZXJ0eWZpa2Fjamkx GTAXBgNVBGEMEFZBVFBMLTUyNTAwMDgxOTiCFED494qw42QQVpHI2eAs+MHGQApG MDEGA1UdIAEB/wQnMCUwIwYEVR0gADAbMBkGCCsGAQUFBwIBFg13d3cubmNjZXJ0 LnBsMAwGA1UdEwEB/wQCMAAwDgYDVR0PAQH/BAQDAgbAMBYGA1UdJQEB/wQMMAoG CCsGAQUFBwMIMB0GA1UdDgQWBBRUaJrVazqtqYCkZV9ouoguaFmIPzA4BgNVHR8E MTAvMC2gK6AphidodHRwOi8vd3d3Lm5jY2VydC5wbC9hcmwvbmNjZXJ0MjAxNi5j cmwwDQYJKoZIhvcNAQENBQADggIBACbhYoUHAYOh7elVXy48sl9f6jLysy+WqCcZ mIOup12qWXYsc42JIYW2VY5UFMXBRtbRwB+qEDjZN1I07DwOPctIEeQonR7Nj7ds m38FK8GUgJBM/jCXDGlYStHrc9uuBFcfCFWI7bqmMjuqNbBrrnzBvrv4lWIOtKyB nN9UZSB1UAeojUSM1lqlt3rZqKYOMUB/5WLZ8FMbSTYYz4gcNx50M7VTwem7aokL NwpH2OgBbeQtD0JH1tLaxxeI/AOHuSy7xbWwSuka0sZib3GbrEFNM2Trz2jMLqds swL1kPRRUpkIn2CxRv416DHulHtO2us+IMc9Ou1S8FyMBPuVNtO/f1U81r4DMHAJ qY0je7zN1vqkuNZbecuLgYw453M92kt9FnOXvehdxiRzGt5dBzUq1BWfFRD0HBWy E3bXDq7VpcOVcpx2FRTRR38Zj+28r8kXy44E3Tm6hZa6N+3PICkjC7XJjRF51Af0 B2wK/Lw6LbO98+RFch/i/pTJZHDpobmjll9BxN7gUakGP7zMdRVZOQpHjcfGMWr4 pcwEC/G/c/vuVxZjMpFn8uDonXXJOJ+mnomz/4tPiNW5cZlX5eSiV1+qw6LZLxpp kGVPsJtktfeyjLvMA6237jY43NSIWsiIy0z5qGDJF++Dv7msgeRiOR6CgWcWTZOh GimhNmONMYIEATCCA/0CAQEwezBvMQswCQYDVQQGEwJQTDEdMBsGA1UECgwUTmFy b2Rvd3kgQmFuayBQb2xza2kxJjAkBgNVBAMMHU5hcm9kb3dlIENlbnRydW0gQ2Vy dHlmaWthY2ppMRkwFwYDVQRhDBBWQVRQTC01MjUwMDA4MTk4AggDRzVcxmUJHjAN BglghkgBZQMEAgEFAKCCAVcwGgYJKoZIhvcNAQkDMQ0GCyqGSIb3DQEJEAEEMBwG CSqGSIb3DQEJBTEPFw0yNjAyMjUwODIwMjhaMC8GCSqGSIb3DQEJBDEiBCBISziV 4RgBmA9RTgSfd+Ud6eDJv8Bpusy1xCzSvERD2zA3BgsqhkiG9w0BCRACLzEoMCYw JDAiBCB3sbcuNyCgHzKwK5ezMcNElGk376ujK4InNfhORxykuTCBsAYLKoZIhvcN AQkQAgwxgaAwgZ0wgZowgZcEFPQjcKB3ILsYHXlCZ5iC58SLbMT/MH8wc6RxMG8x CzAJBgNVBAYTAlBMMR0wGwYDVQQKDBROYXJvZG93eSBCYW5rIFBvbHNraTEmMCQG A1UEAwwdTmFyb2Rvd2UgQ2VudHJ1bSBDZXJ0eWZpa2FjamkxGTAXBgNVBGEMEFZB VFBMLTUyNTAwMDgxOTgCCANHNVzGZQkeMA0GCSqGSIb3DQEBCwUABIICAI14AMja i+676I8z1Y4tDhYV17a8huaSRwDA0F8AG9xBeEHLXRnujEIBDV2BKTpqa63lztPf nflZfEKwhIq1Kk5Y/RwMD1308FJPnSitunp9AY1BOzqg4pQYHgjCTApmO2qV1q7F xgJ3nnPRmqwoHhmxPpKEtEw/0IrscIznZmfpT7WzwnIIYVresVHPM6uwFVPrReAs yiBFbz4LOgAGq7kYYh9WpchOjEAku3jKcXfzckc9rmg/sFilwm0Sb42f47vneZfb +EXW25402r3JzXHpw9uGpdSgtmqssJb3Wtj1McSZbBoGkOL3pGHy823wWslvePWV J6nLGAx23MqrA4oZPEkOMndaOhxHAsdmmuzrTv4ed4DR2jXSQrEPwfSsIs32q5tw ZnCMD20olWwAG0DaIwf1S9wdBIVcLU6UiZDibWtbdR33EjuMxPUwY0YNzvGh/48x Igi7BCInTL2fo6DfcAq6RcaAkdPBRX5pUQ6EAg17Wg+4uVYoDPFQE2MXQRwAgWCH wdTj9PppaU7NiCEyJknihywS2LOdmDUmWU8lyO1HuLJQ6aU1d5UjUskoRHr+Y0+l N2DS35Xytbg4opzb5nol4iDY/EvRmS7nQGLHVuymlzfviuP1EV/oygnZAbsA5cbf nOFiWX7gnIvaaod81mDwX+8vT3FsDiwE47YMvOpGQdVhGmtvyXtEzzRCJ33+jdg4vqJoW8tSJf9DJ4A=wp642xGW82FigWqH5C6TKPXlktTlg+aWd6uA4+LktIY=U4xs17qQwdgjP7uCi3GpWXZKY1s1sTq2Hh/f39D9Srh5G/Isw37U7x6J2AUJGPGp /Vtc/3Px/oNIVwJVjpAP/dfIcVoGIuHJ/D2lUaY4yi3ZWN3XXbP7HLEyRd/KjhOt gQjckFfpbxmYMliKbcckTAJLfWaIOnsPrmZgYTGWCkZYxoS3XtQ440pB7hTy0Ejj D5bvC8L7VIYRDp0YJvvF3BoPWSN3v3G6sgaVujp+hBwwx2tpTJUttf9sAuxlbkYN aJS/hnwg1bIJVS/cDL9rfFkR4My066bveAZKTw936nqjolHsVxdRctm23J1Mith5 nC5j4/c6A9ee3G6RVEXSOQvo0nx4OLDmxCGOwp47PEyfpWy/z/+6sPVJSQ/jkdjS VLz0cpSUvxToE85qpqKavv8DbCiK+ix5T1gMJ8NEJP7LX1kLHbOdZc/KSGnZEkL+ UyG3+6WgMN84cs1GcozCnwhWfNAwl6I5rEgu+6Df7hIOJS2wEx7TVYGKIc0LHTMbMIIHADCCBOigAwIBAgIQdCq1SmYt1Jt7cCfLClXs+zANBgkqhkiG9w0BAQsFADBl MQswCQYDVQQGEwJQTDEhMB8GA1UECgwYQXNzZWNvIERhdGEgU3lzdGVtcyBTLkEu MRgwFgYDVQQDDA9DZXJ0dW0gUUNBIDIwMTcxGTAXBgNVBGEMEFZBVFBMLTUxNzAz NTk0NTgwHhcNMjUwMjE5MTQxNTIyWhcNMjgwMjE5MTQxNTIyWjBlMRcwFQYDVQQD DA5Cb2dkYW4gQmVuY3phazEPMA0GA1UEKgwGQm9nZGFuMRAwDgYDVQQEDAdCZW5j emFrMRowGAYDVQQFExFQTk9QTC03MzEyMzAwNTY5ODELMAkGA1UEBhMCUEwwggGi MA0GCSqGSIb3DQEBAQUAA4IBjwAwggGKAoIBgQCnSgztBTPgug86ZwkUu8uB/FfW b3xR6fdOR0pE44fkqN9eol5vxx4Fdxlx9DRwl9JQzqDcU3jejm99z2z1rgGeQzEv uFrfqeUgHzn2YNhjk9zsjS49ipBdTVr0xXmB11LR+3fXBUaHSoxCaCrswBGRCalv COco2AfxaMEK/We/hBtgFWUy8byIyvXIo3cgg7mnHwVF3Vq5k1LlCIm4PccR17YJ OEWfjcEzq8R3mNYZ42s0vvoTnQhgRp3LKfCD61nBaPuM883BrPH/wz1GfDJd9Q7Z DutFGn4hV+kt1nVC9yPF7Baz2JciXD0nP/6TLL0khOmH1iG6L7ijl736yW1PXhrI C6AXIKKovTzNMjD6rsqvM0lS2wUqFN08irJlnTS8bQamH34oGZkq36JAx5jYzFa9 VB5comfaIurl7ylu3fFdqd2GtYDj6aRYRF68UZF3F6gMo0QV6PjoKrLNt0SL6FhL 0CSA+D38X3tn+929wl7ymgoMxmRp4YVbQcg+jfkCAwEAAaOCAiowggImMAwGA1Ud EwEB/wQCMAAwNgYDVR0fBC8wLTAroCmgJ4YlaHR0cDovL3FjYS5jcmwuY2VydHVt LnBsL3FjYV8yMDE3LmNybDByBggrBgEFBQcBAQRmMGQwLAYIKwYBBQUHMAGGIGh0 dHA6Ly9xY2EtMjAxNy5xb2NzcC1jZXJ0dW0uY29tMDQGCCsGAQUFBzAChihodHRw Oi8vcmVwb3NpdG9yeS5jZXJ0dW0ucGwvcWNhXzIwMTcuY2VyMB8GA1UdIwQYMBaA FCfx2E5gUGi2Yf5oGyhsbeQLcwlNMB0GA1UdDgQWBBQG3WCohRO93Xj8r14o4aZT LzmI9jAOBgNVHQ8BAf8EBAMCBsAwVQYDVR0gBE4wTDAJBgcEAIvsQAECMD8GDCqE aAGG9ncCBAEMAjAvMC0GCCsGAQUFBwIBFiFodHRwOi8vd3d3LmNlcnR1bS5wbC9y ZXBvenl0b3JpdW0wgcIGCCsGAQUFBwEDBIG1MIGyMAgGBgQAjkYBATAIBgYEAI5G AQQwgYYGBgQAjkYBBTB8MDwWNmh0dHBzOi8vcmVwb3NpdG9yeS5jZXJ0dW0ucGwv UERTL0NlcnR1bV9RQ0EtUERTX0VOLnBkZhMCZW4wPBY2aHR0cHM6Ly9yZXBvc2l0 b3J5LmNlcnR1bS5wbC9QRFMvQ2VydHVtX1FDQS1QRFNfUEwucGRmEwJwbDATBgYE AI5GAQYwCQYHBACORgEGATANBgkqhkiG9w0BAQsFAAOCAgEAOtL76/PnlCSDUFKZ ZGl62gT9dh9wDfI1qnRadirModulUX5ZnJvYPbzlZZBSJYVIeLTNyhItbuAZvRjV dXOYB3bTHDGc9D8okiuVnSekHUuF8fgLKk6FX7tMwPq2hqTa0F7v9lWPUqtWDUlq bFLaQ3oQjWrLgClu6M8BElemjM+WWaMak1cmgGRPnAAV9ERJdTZWmoneq56LDWHk 4Ou5ULKDAbC71savmFTeEaJ5s34Od9Bp4lQfv94qIicAdtTaEPuVS16TVBm5JqVV tyTqNltMuf3gg0XI4t7LrXmSBRjG/DSckGRWWDKnenSWD86mC6SVQ+JNtxw7Fttt 5g48PMEt29vJPIjDTaBcwDedlg3rEyvE88zTysmerfEEK8PCCmH0FH28+JCVhfVm Tu1FEpio1OSe1NsuwUh3MbpghLNrJZiNFDjfFqusiqIfSXIOMWUfVZjxA8oVhJvT Ei/RPyUKGaEdUGgsYvUKyuCq9PtvKgq9CxTGjKimYzRSeWNZrj4Tgl/6KNwx55Ei SgtdINTPFIjNDHEjZAdhytfeNBPjBPxGu4VnMQE4h7+v+wKSDLyHQ5h74JIp7K9C J1O9V5xingPbZECq3oPmTdC5kuPwTLzPfjcySj/F0RLQ1k1j9f6Z/oXBi9MulgPm FrSPtCBxYPf2YXcA6KUWMzZlZ5s=2026-02-25T08:22:01ZlYDZVuDBVD6prFuBOo7+uBsizBGLOrYi/psv0RIJgYI=MIME-Version: 1.0 Content-Type: application/octet-stream Content-Transfer-Encoding: binary Content-Disposition: filename="Sprawozdanie Zarządu z działalności Grupy Kapitałowej PZU i PZU SA za rok 2025.xhtml"http://www.certum.pl/OIDAsURI/signedFile/1.2.616.1.113527.3.1.1.3.1Opis formatu dokumentu oraz jego pełna nazwahttp://www.certum.pl/OIDAsURI/signedFile.pdfapplication/octet-streamMIIMGAYJKoZIhvcNAQcCoIIMCTCCDAUCAQMxDTALBglghkgBZQMEAgEwggESBgsq hkiG9w0BCRABBKCCAQEEgf4wgfsCAQEGCyqEaAGG9ncCBAEOMDEwDQYJYIZIAWUD BAIBBQAEIOyJKlgKJjWYm7V1AO1E85sqTC82tWqg0H5vdr322vzXAgcRw3pVfjHZ GA8yMDI2MDIyNTA4MjIwMlowAwIBAQIJALppTReuIx67oGykajBoMQswCQYDVQQG EwJQTDEhMB8GA1UECgwYQXNzZWNvIERhdGEgU3lzdGVtcyBTLkEuMRswGQYDVQQD DBJDZXJ0dW0gUVRTQSBHMyBSMzUxGTAXBgNVBGEMEFZBVFBMLTUxNzAzNTk0NTih HjAcBggrBgEFBQcBAwEBAAQNMAswCQYHBACBl14BAaCCBtQwggbQMIIEuKADAgEC AggDRzVcxmUJHjANBgkqhkiG9w0BAQ0FADBvMQswCQYDVQQGEwJQTDEdMBsGA1UE CgwUTmFyb2Rvd3kgQmFuayBQb2xza2kxJjAkBgNVBAMMHU5hcm9kb3dlIENlbnRy dW0gQ2VydHlmaWthY2ppMRkwFwYDVQRhDBBWQVRQTC01MjUwMDA4MTk4MB4XDTI0 MTIxMzEwMzMzN1oXDTM1MTIxMzIzNTk1OVowaDELMAkGA1UEBhMCUEwxITAfBgNV BAoMGEFzc2VjbyBEYXRhIFN5c3RlbXMgUy5BLjEbMBkGA1UEAwwSQ2VydHVtIFFU U0EgRzMgUjM1MRkwFwYDVQRhDBBWQVRQTC01MTcwMzU5NDU4MIICIjANBgkqhkiG 9w0BAQEFAAOCAg8AMIICCgKCAgEAxHY4+NSm/XE+3tDdvL+aXx/w6H09zHXI5EDM S+jDaySpORJ4PMhu3LvZa7vUAf1EaWDBp5s94jWxmVhudzjnxWYO6feuwoVJpAYX FavSGJU4KLyvqUQ786gNu4ACMeJ9XlHmKcNiFQCgHI/zK696CS5Lqt6+PX2SODbU W1y5mNGEqRozh/pDeLScPjvgy9CrhkEKcFMTdZXuTvPvSyZJmouSRyiABhmcnV3v MVgeH03VbYDE1256HkmfyP76HtgqYqlM1B9oUOfGykarB8FMUE2cevTqZPjkdaFd x6lXoDy8Sg4cCeONyPbMkqNGgnBxDRmhTsgzi1EP6WZ1cUvwDEOWvVazEQacaJpV pTkMwJ96mcBTn4I1EHAuYpFkL1TqQa1JlLssjBA5h931z/305rXWeeA49gPnqs5H 7iFfGlU+qurPzEx1kEzmJ1Buw93ceiqAaQz509AQTX5RQ6Cw9+a9mVYsFulMMaAf 0mU0GguP3W4D9ik7goE7ibFEb6EHqxBW5lYfCIhIA+PXnK2pCd+qNOlitC5Si0ye CvViRJSE9Kuh++IU2FaSZDind3HKzVDzTsdRFyjbaf3XQuQKOiQjzXG61+BrzJxV 1+xQQF4w4EphB3O/n41tOOIDxBznwOnifEBYt9qsNmAGd0a3LxqK+7VAx4mLdagN mkHhJm0CAwEAAaOCAXUwggFxMIGsBgNVHSMEgaQwgaGAFCmzyMTfo4f4ZgUSWP1G KriYDXmHoXOkcTBvMQswCQYDVQQGEwJQTDEdMBsGA1UECgwUTmFyb2Rvd3kgQmFu ayBQb2xza2kxJjAkBgNVBAMMHU5hcm9kb3dlIENlbnRydW0gQ2VydHlmaWthY2pp MRkwFwYDVQRhDBBWQVRQTC01MjUwMDA4MTk4ghRA+PeKsONkEFaRyNngLPjBxkAK RjAxBgNVHSABAf8EJzAlMCMGBFUdIAAwGzAZBggrBgEFBQcCARYNd3d3Lm5jY2Vy dC5wbDAMBgNVHRMBAf8EAjAAMA4GA1UdDwEB/wQEAwIGwDAWBgNVHSUBAf8EDDAK BggrBgEFBQcDCDAdBgNVHQ4EFgQUVGia1Ws6ramApGVfaLqILmhZiD8wOAYDVR0f BDEwLzAtoCugKYYnaHR0cDovL3d3dy5uY2NlcnQucGwvYXJsL25jY2VydDIwMTYu Y3JsMA0GCSqGSIb3DQEBDQUAA4ICAQAm4WKFBwGDoe3pVV8uPLJfX+oy8rMvlqgn GZiDrqddqll2LHONiSGFtlWOVBTFwUbW0cAfqhA42TdSNOw8Dj3LSBHkKJ0ezY+3 bJt/BSvBlICQTP4wlwxpWErR63PbrgRXHwhViO26pjI7qjWwa658wb67+JViDrSs gZzfVGUgdVAHqI1EjNZapbd62aimDjFAf+Vi2fBTG0k2GM+IHDcedDO1U8Hpu2qJ CzcKR9joAW3kLQ9CR9bS2scXiPwDh7ksu8W1sErpGtLGYm9xm6xBTTNk689ozC6n bLMC9ZD0UVKZCJ9gsUb+Negx7pR7TtrrPiDHPTrtUvBcjAT7lTbTv39VPNa+AzBw CamNI3u8zdb6pLjWW3nLi4GMOOdzPdpLfRZzl73oXcYkcxreXQc1KtQVnxUQ9BwV shN21w6u1aXDlXKcdhUU0Ud/GY/tvK/JF8uOBN05uoWWujftzyApIwu1yY0RedQH 9AdsCvy8Oi2zvfPkRXIf4v6UyWRw6aG5o5ZfQcTe4FGpBj+8zHUVWTkKR43HxjFq +KXMBAvxv3P77lcWYzKRZ/Lg6J11yTifpp6Js/+LT4jVuXGZV+XkoldfqsOi2S8a aZBlT7CbZLX3soy7zAOtt+42ONzUiFrIiMtM+ahgyRfvg7+5rIHkYjkegoFnFk2T oRopoTZjjTGCBAEwggP9AgEBMHswbzELMAkGA1UEBhMCUEwxHTAbBgNVBAoMFE5h cm9kb3d5IEJhbmsgUG9sc2tpMSYwJAYDVQQDDB1OYXJvZG93ZSBDZW50cnVtIENl cnR5ZmlrYWNqaTEZMBcGA1UEYQwQVkFUUEwtNTI1MDAwODE5OAIIA0c1XMZlCR4w DQYJYIZIAWUDBAIBBQCgggFXMBoGCSqGSIb3DQEJAzENBgsqhkiG9w0BCRABBDAc BgkqhkiG9w0BCQUxDxcNMjYwMjI1MDgyMjAyWjAvBgkqhkiG9w0BCQQxIgQgd0Sw lJYkgrhPZNGeSzqfT+oMdewe5o7KYE90uDJyjgEwNwYLKoZIhvcNAQkQAi8xKDAm MCQwIgQgd7G3LjcgoB8ysCuXszHDRJRpN++royuCJzX4TkccpLkwgbAGCyqGSIb3 DQEJEAIMMYGgMIGdMIGaMIGXBBT0I3CgdyC7GB15QmeYgufEi2zE/zB/MHOkcTBv MQswCQYDVQQGEwJQTDEdMBsGA1UECgwUTmFyb2Rvd3kgQmFuayBQb2xza2kxJjAk BgNVBAMMHU5hcm9kb3dlIENlbnRydW0gQ2VydHlmaWthY2ppMRkwFwYDVQRhDBBW QVRQTC01MjUwMDA4MTk4AggDRzVcxmUJHjANBgkqhkiG9w0BAQsFAASCAgA1EsOa GGNjYf1BJXXUIanqz7p0v6V5NUTfS3xMKUz7fwL0ueGFiZkT+whBD3BsEgsxZ2lG 1LeFttBUO0kF2BfNOjl1ix0BzqHe8QO6qW10tqGI7CgM8267XehbSr6j1l2IC+LP 7pdKRr4z0NrgjVYuabvWDlISOq91TK3NKyuUGUCqzaAqPRbFpRkyg2VuOGxGHfVP tdNTzLbiOuf6eXL0QvdRYe0G2ru8Wkbq2uaD6rHhNNHS8QppoCn6eEIHNBKQ6F91 T6U/2eEsnxUgf3UJcfT0dRsTS7hmx8IuCRGB5vex279SMN6U0SaiWeEfFZcuk9o/ yN5Os73OxRVCrt+enof7xhbV9xPKNRaq3e+ow6H87G4yWQl2rfouMsI6/R3VAnjA NcwKXCJsQ+Oeb4AbPYDSVmhsKBRAD/mMUQGxWYpOV75SQFjU1dOJbXY86apwsxpe kkyODwtt9/7ftaJu3K696d3+6a0J8JTlD6lvITlibK6fbue/xyaqmWrJJSwv0dkp 9uj/O18zgw4PC80YCZacAotyj1dPQAjnoFtrSMQZgerjy45515akt4e5bZc/XLsw VilUn7tQunvPMjDywZ4zLRZa8fgfATJVt963wu4etwWcumzu0xiINQzVed0FpiK0 kn49WQ0ccep216/lWzL8o94VpUKLEEVNbbn18g==vOpGQdVhGmtvyXtEzzRCJ33+jdg4vqJoW8tSJf9DJ4A=5puCO6m+ARhqjXGMJY8f2ESjwxa92DYWmyqrEVSnKwI=Nla9SdJWAijTCeRwmPyV9X9D9A7X3U2kTMTXdqiWhnB45PwCMJ8pnECuf3/Qt/LA rRU7oW5pjCp7TmwxFi7EHgOG3MEObO/i5qKxN9uHUx8s6AQuXTaOfV5cPE/L5Xzv 0yr+g9OwOwL5kJpMMAtkIeTQY79giWOWeW0BhQplcPqLnOiqwRvmtG+mDovG3fSp ahNMsbh3nEJ8QZkBtUpb1t/sJ1DWK1XymxnnZcTE3bZbDxB9w+ldnI3V+AxxLzCy d6c6/tBCpegS1LezrLosqVFBKs9BLYd46XUgJW9MmWAHLKCluNibHSSAuyCPLaQx W984pIDaCM4ML8px2USAooNzg3JzT/+E98GNGlo8LQqYEzxyd+4fSO+MNw5X7tLC 4VcMIMcS8HcG3bW3bcPG6KERAfMo11izik90uvIIgnqIei0PbTYQh0xVLfPExMCU K6Ziw3FH5wF/2KHrKkL0jRRVai4oLft1F9qSZtQzqBqGXRDcFyTbsc3oBX+78db4MIIG/jCCBOagAwIBAgIQfMvh/SySp9Q+WMrwafIjJjANBgkqhkiG9w0BAQsFADBl MQswCQYDVQQGEwJQTDEhMB8GA1UECgwYQXNzZWNvIERhdGEgU3lzdGVtcyBTLkEu MRgwFgYDVQQDDA9DZXJ0dW0gUUNBIDIwMTcxGTAXBgNVBGEMEFZBVFBMLTUxNzAz NTk0NTgwHhcNMjQwNjEwMDY0MDQ5WhcNMjcwNjEwMDY0MDQ5WjBjMRYwFAYDVQQD DA1NYWNpZWogRmVkeW5hMQ8wDQYDVQQqDAZNYWNpZWoxDzANBgNVBAQMBkZlZHlu YTEaMBgGA1UEBRMRUE5PUEwtNzgwODE0MDA1NzgxCzAJBgNVBAYTAlBMMIIBojAN BgkqhkiG9w0BAQEFAAOCAY8AMIIBigKCAYEAwc8+OdqJYZwWFA2G5HRHjG0qDit2 QfIhV4C0IiP+KTfLSa0FRiEa9s0+J99nFXip24G9VIpDOEjjVlceR8OmsPqu0iU8 EzmRJ9dbQ3t1JEbYEPviYFRO9aMhnN0OYGZ6XuE8Iz+KwPi23hObztWfNbSvJmIB /EHfncFAfzz293xyfihFJeHv72qzm8HVSItquSVXASJD2SRXkjo65nqiNY7WSY3x mAblfD4e9KFfpylVXaZgPIpx7rJfwuiTI4FfgiG+xaa0f1L4Mi8686o4jKPi+h+T fpEN3GoN28FrlmviazJDTtAhdOY8cKTFTCdAFfrCiRaXpCMtOXgGazq5zrKIK9r3 Yo6maz9+10we+08193hxeLllEA6Ki5X2pZqDzFFa2X+7Z0Mmkix9lCQDq0eqFvXY 9KXXPn5bEihjx4mcDMat8rJPkx87aP5LBvx12yCuxQu3sRigdoDdiAq/4Br0BG1k vNjbGf3O7b3gS/V1hpjwzonZEr2KRKXtc9xZAgMBAAGjggIqMIICJjAMBgNVHRMB Af8EAjAAMDYGA1UdHwQvMC0wK6ApoCeGJWh0dHA6Ly9xY2EuY3JsLmNlcnR1bS5w bC9xY2FfMjAxNy5jcmwwcgYIKwYBBQUHAQEEZjBkMCwGCCsGAQUFBzABhiBodHRw Oi8vcWNhLTIwMTcucW9jc3AtY2VydHVtLmNvbTA0BggrBgEFBQcwAoYoaHR0cDov L3JlcG9zaXRvcnkuY2VydHVtLnBsL3FjYV8yMDE3LmNlcjAfBgNVHSMEGDAWgBQn 8dhOYFBotmH+aBsobG3kC3MJTTAdBgNVHQ4EFgQUvHWyw41axn/UDEyX587TMiA2 yxkwDgYDVR0PAQH/BAQDAgbAMFUGA1UdIAROMEwwCQYHBACL7EABAjA/BgwqhGgB hvZ3AgQBDAIwLzAtBggrBgEFBQcCARYhaHR0cDovL3d3dy5jZXJ0dW0ucGwvcmVw b3p5dG9yaXVtMIHCBggrBgEFBQcBAwSBtTCBsjAIBgYEAI5GAQEwCAYGBACORgEE MIGGBgYEAI5GAQUwfDA8FjZodHRwczovL3JlcG9zaXRvcnkuY2VydHVtLnBsL1BE Uy9DZXJ0dW1fUUNBLVBEU19FTi5wZGYTAmVuMDwWNmh0dHBzOi8vcmVwb3NpdG9y eS5jZXJ0dW0ucGwvUERTL0NlcnR1bV9RQ0EtUERTX1BMLnBkZhMCcGwwEwYGBACO RgEGMAkGBwQAjkYBBgEwDQYJKoZIhvcNAQELBQADggIBAAXOAnVMsMDa2fa3Qt8n MA5rfHNHJSSb2XUcoFmmnad5sttBdJ9vYvdyQO2/pzFeXi+FhWHodUqHE81S2y/S Dt2mvvGfn8M4QQ5OdPvTa4wzaf8/0Qj7FpeV6XbEVupHYr6qjluC3/mNccz8bC12 odgTRqkVo4bPNgYUOVqeUb7287Hsu5eH/KG7edY2yx7+S3dzIuh64iu1eVrmcrdD 3oiNdrkyr0NDkAziu6qEDF8qAojIjF8pNE1IFpgsR6S7qF+aO9dVZTXn0HuzhkE8 nlhT5NkDPii1Fw5IToUis2acgBTfOJMgyUvVLAlEbhRh3eCAqlLPGhWD8ySrI7w6 ygVmq/aYqNo4nhueI5YHNmXMyuzZvPxU+zRbc7JpMClEjVLoWbvHHhHK5qdVoBcd 2ET06c0bSlJ0VH8djMmckYSo7M96M20TtHXa25vjlg8NxcFdxMIy1mQDyCWTR3fM CD/HPdEHRGK7AV83i34W/K9F0hiOIiCRrY9fgT+zmTTIuxhAN4kkBSA/j0h1XZ9m SKe2KsR/f9uRePzFpqJEr7mE5aSz7Dthwdvrnk37ALjU8oELsLwKgfxYIcbeAqPU auYgQCy4Omyg/HOKvgAk4IoH/sxC2pjzSDbRKRr1gAxczghGx03gvjy9ZzP3j6Ew LmK07w8ZpEJp2qjSDjaakMoD2026-02-25T08:23:49ZhdJJfuRLnQ5bVluNTNi852YG8mwFqoOgUdOmgBPoFJg=MIME-Version: 1.0 Content-Type: application/octet-stream Content-Transfer-Encoding: binary Content-Disposition: filename="Sprawozdanie Zarządu z działalności Grupy Kapitałowej PZU i PZU SA za rok 2025.xhtml"http://www.certum.pl/OIDAsURI/signedFile/1.2.616.1.113527.3.1.1.3.1Opis formatu dokumentu oraz jego pełna nazwahttp://www.certum.pl/OIDAsURI/signedFile.pdfapplication/octet-streamMIIMGAYJKoZIhvcNAQcCoIIMCTCCDAUCAQMxDTALBglghkgBZQMEAgEwggESBgsq hkiG9w0BCRABBKCCAQEEgf4wgfsCAQEGCyqEaAGG9ncCBAEOMDEwDQYJYIZIAWUD BAIBBQAEIBaZlVU/v3CAhTf0NNl2Hofw5NWPQuOG3KzelVGrBgbyAgcRw3pVhmEN GA8yMDI2MDIyNTA4MjM1MVowAwIBAQIJAPWSo46YiSVBoGykajBoMQswCQYDVQQG EwJQTDEhMB8GA1UECgwYQXNzZWNvIERhdGEgU3lzdGVtcyBTLkEuMRswGQYDVQQD DBJDZXJ0dW0gUVRTQSBHMyBSMzUxGTAXBgNVBGEMEFZBVFBMLTUxNzAzNTk0NTih HjAcBggrBgEFBQcBAwEBAAQNMAswCQYHBACBl14BAaCCBtQwggbQMIIEuKADAgEC AggDRzVcxmUJHjANBgkqhkiG9w0BAQ0FADBvMQswCQYDVQQGEwJQTDEdMBsGA1UE CgwUTmFyb2Rvd3kgQmFuayBQb2xza2kxJjAkBgNVBAMMHU5hcm9kb3dlIENlbnRy dW0gQ2VydHlmaWthY2ppMRkwFwYDVQRhDBBWQVRQTC01MjUwMDA4MTk4MB4XDTI0 MTIxMzEwMzMzN1oXDTM1MTIxMzIzNTk1OVowaDELMAkGA1UEBhMCUEwxITAfBgNV BAoMGEFzc2VjbyBEYXRhIFN5c3RlbXMgUy5BLjEbMBkGA1UEAwwSQ2VydHVtIFFU U0EgRzMgUjM1MRkwFwYDVQRhDBBWQVRQTC01MTcwMzU5NDU4MIICIjANBgkqhkiG 9w0BAQEFAAOCAg8AMIICCgKCAgEAxHY4+NSm/XE+3tDdvL+aXx/w6H09zHXI5EDM S+jDaySpORJ4PMhu3LvZa7vUAf1EaWDBp5s94jWxmVhudzjnxWYO6feuwoVJpAYX FavSGJU4KLyvqUQ786gNu4ACMeJ9XlHmKcNiFQCgHI/zK696CS5Lqt6+PX2SODbU W1y5mNGEqRozh/pDeLScPjvgy9CrhkEKcFMTdZXuTvPvSyZJmouSRyiABhmcnV3v MVgeH03VbYDE1256HkmfyP76HtgqYqlM1B9oUOfGykarB8FMUE2cevTqZPjkdaFd x6lXoDy8Sg4cCeONyPbMkqNGgnBxDRmhTsgzi1EP6WZ1cUvwDEOWvVazEQacaJpV pTkMwJ96mcBTn4I1EHAuYpFkL1TqQa1JlLssjBA5h931z/305rXWeeA49gPnqs5H 7iFfGlU+qurPzEx1kEzmJ1Buw93ceiqAaQz509AQTX5RQ6Cw9+a9mVYsFulMMaAf 0mU0GguP3W4D9ik7goE7ibFEb6EHqxBW5lYfCIhIA+PXnK2pCd+qNOlitC5Si0ye CvViRJSE9Kuh++IU2FaSZDind3HKzVDzTsdRFyjbaf3XQuQKOiQjzXG61+BrzJxV 1+xQQF4w4EphB3O/n41tOOIDxBznwOnifEBYt9qsNmAGd0a3LxqK+7VAx4mLdagN mkHhJm0CAwEAAaOCAXUwggFxMIGsBgNVHSMEgaQwgaGAFCmzyMTfo4f4ZgUSWP1G KriYDXmHoXOkcTBvMQswCQYDVQQGEwJQTDEdMBsGA1UECgwUTmFyb2Rvd3kgQmFu ayBQb2xza2kxJjAkBgNVBAMMHU5hcm9kb3dlIENlbnRydW0gQ2VydHlmaWthY2pp MRkwFwYDVQRhDBBWQVRQTC01MjUwMDA4MTk4ghRA+PeKsONkEFaRyNngLPjBxkAK RjAxBgNVHSABAf8EJzAlMCMGBFUdIAAwGzAZBggrBgEFBQcCARYNd3d3Lm5jY2Vy dC5wbDAMBgNVHRMBAf8EAjAAMA4GA1UdDwEB/wQEAwIGwDAWBgNVHSUBAf8EDDAK BggrBgEFBQcDCDAdBgNVHQ4EFgQUVGia1Ws6ramApGVfaLqILmhZiD8wOAYDVR0f BDEwLzAtoCugKYYnaHR0cDovL3d3dy5uY2NlcnQucGwvYXJsL25jY2VydDIwMTYu Y3JsMA0GCSqGSIb3DQEBDQUAA4ICAQAm4WKFBwGDoe3pVV8uPLJfX+oy8rMvlqgn GZiDrqddqll2LHONiSGFtlWOVBTFwUbW0cAfqhA42TdSNOw8Dj3LSBHkKJ0ezY+3 bJt/BSvBlICQTP4wlwxpWErR63PbrgRXHwhViO26pjI7qjWwa658wb67+JViDrSs gZzfVGUgdVAHqI1EjNZapbd62aimDjFAf+Vi2fBTG0k2GM+IHDcedDO1U8Hpu2qJ CzcKR9joAW3kLQ9CR9bS2scXiPwDh7ksu8W1sErpGtLGYm9xm6xBTTNk689ozC6n bLMC9ZD0UVKZCJ9gsUb+Negx7pR7TtrrPiDHPTrtUvBcjAT7lTbTv39VPNa+AzBw CamNI3u8zdb6pLjWW3nLi4GMOOdzPdpLfRZzl73oXcYkcxreXQc1KtQVnxUQ9BwV shN21w6u1aXDlXKcdhUU0Ud/GY/tvK/JF8uOBN05uoWWujftzyApIwu1yY0RedQH 9AdsCvy8Oi2zvfPkRXIf4v6UyWRw6aG5o5ZfQcTe4FGpBj+8zHUVWTkKR43HxjFq +KXMBAvxv3P77lcWYzKRZ/Lg6J11yTifpp6Js/+LT4jVuXGZV+XkoldfqsOi2S8a aZBlT7CbZLX3soy7zAOtt+42ONzUiFrIiMtM+ahgyRfvg7+5rIHkYjkegoFnFk2T oRopoTZjjTGCBAEwggP9AgEBMHswbzELMAkGA1UEBhMCUEwxHTAbBgNVBAoMFE5h cm9kb3d5IEJhbmsgUG9sc2tpMSYwJAYDVQQDDB1OYXJvZG93ZSBDZW50cnVtIENl cnR5ZmlrYWNqaTEZMBcGA1UEYQwQVkFUUEwtNTI1MDAwODE5OAIIA0c1XMZlCR4w DQYJYIZIAWUDBAIBBQCgggFXMBoGCSqGSIb3DQEJAzENBgsqhkiG9w0BCRABBDAc BgkqhkiG9w0BCQUxDxcNMjYwMjI1MDgyMzUxWjAvBgkqhkiG9w0BCQQxIgQgW2+m m9+2oFGEY8UTYYZcIOUOJggXAzvCvpYGLJNCguQwNwYLKoZIhvcNAQkQAi8xKDAm MCQwIgQgd7G3LjcgoB8ysCuXszHDRJRpN++royuCJzX4TkccpLkwgbAGCyqGSIb3 DQEJEAIMMYGgMIGdMIGaMIGXBBT0I3CgdyC7GB15QmeYgufEi2zE/zB/MHOkcTBv MQswCQYDVQQGEwJQTDEdMBsGA1UECgwUTmFyb2Rvd3kgQmFuayBQb2xza2kxJjAk BgNVBAMMHU5hcm9kb3dlIENlbnRydW0gQ2VydHlmaWthY2ppMRkwFwYDVQRhDBBW QVRQTC01MjUwMDA4MTk4AggDRzVcxmUJHjANBgkqhkiG9w0BAQsFAASCAgB7iglM L+kzGyXp1Zdd3qnqim2AwlEehjHIsyX1MhRn/zozjztpEJ3v82dFXNFgc6qNAwkw DhSaODs5kuSOmu97RJROizX7Hvkk5L1yoAu1OXenSY3MivooqT18Hxl7QgQEfdMG HlrV2gtzcNflb87Qjb11G+IgPJ6RL7Fk5cGG3ZxQ9gZDOFBetGTmjefDMMxV1ZiB gwMUhlgxO4C/t5x/UPapAr0uKeNd94klvryTq9Xqxb1Y2RO6BYL46ZY0TXwZhbIa QK6xFRhX3apGSp93hi0SYLH6fG/PIHxYTm0b9us45uXDS5bA7yOjR56h3TxrwnQz qHpAGiI4mBe1nSl14H5fjIhCv/7ITT0tiVnBnJVMQc6lkPpeShlHOJk76nzbVeu8 QNHWdgDjvPdpqD2Nw5ZFlX52h5nouC10iUFJTNw58oyE/lro8bQGfi6/6sjLEAHw w7ZcmkYajKFsFVtjocboc5IRcSwcFUulfxwuEPPAP4yfTxMsEMKpA/voss8RB1o8 6vpn6dfXagFbeVqKG+K+HCn+TWEdGO1lzTi36nABVTzvJCDqmK+xf5RxhzZl1p73 uzSFM3o3zJ4tPvIPrHum4jtNDNoSAGNBg+Lp0v2LQmZLTiW3b/1NmLHItr5wzxPY 3Ckjnz1me8F8lsQXtovUGPkgw4gGF9mzT1rtcw==