Gielda Papierów Wartosciowych w Warszawie (GPW) Strategy update summary

Strategic context, priorities, and regulatory environment

• Emphasis on the Warsaw Stock Exchange's dual role as a public company and market infrastructure, aiming to grow the capital market and stakeholder value through modern technology and sustainable practices.

• Regulatory simplification and alignment with EU standards, especially ahead of Poland's EU presidency, are critical for market growth.

• Deregulation, adaptation to new technologies like AI and digitization, and collaboration with government and financial authorities are prioritized to foster innovation and competitiveness.

• Focus on cost discipline, trading security, and long-term investment to support innovative activities and increase the capital market's role in financing the economy.

Capital market development and product innovation

• Plans to attract more issuers and investors, revitalizing the NewConnect market, supporting startups and SMEs, and promoting bond issues.

• Initiatives to grow the debt market, including covered bonds and new financial instruments, and expand ETF, REIT, and digital asset offerings to appeal to a broader and younger investor base.

• Commitment to supporting ESG compliance, sustainability reporting, and corporate governance, especially for small and mid-cap issuers.

• Expansion of educational offerings and facilitation of digital transition projects.

• Growth in commodity market products, especially for energy transition and renewables.

Technology, efficiency, and operational excellence

• Implementation of the WATS trading platform to enhance independence, product innovation, and cybersecurity.

• Modernization of IT infrastructure, adoption of cloud computing, AI, and robotization to improve process efficiency and cost control.

• Plans to centralize functions, build competence centers, and focus on cost control, process optimization, and technology-driven synergies.