Česká spořitelna – penzijní společnost, a. s., was established by transforming Penzijní fond České spořitelny, a. s., on 1st January 2013. Penzijní fond was established by the Articles of Association as a jointstock company on 24th August 1994, and came into existence by registering in the Registry at the Court in Prague on 23rd December 1994. The registered office is at Poláčkova 1976/2, 140 21, Prague 4. The company’s registered capital amounts CZK 350 million. Česká spořitelna has been its 100 % owner since March 2001. Until 31st December 2012 the core business was providing pension supplementary insurance under the Act on the pension supplementary insurance with government contribution no. 42/1994 Col., amended by Act no. 170/1999 Col., and 36/2004 Col. Since 1st January 2013 Česká spořitelna – penzijní společnost has been offering its new range of products of additional pension insurance under the Act no. 427/2011 Col., and pension savings under the Act. no. 426/2011 Col. Since the very beginning ČS penzijní společnost has been continually increasing its share on the pension insurance market. At the beginning of 2013 the successful transformation was finished, when the original Penzijní fond České spořitelny was divided into ČS penzijní společnost and 8 independent funds. The original contracts on pension supplementary insurance became part of the Transformed fund on 1st January 2013. On the Czech market Česká spořitelna – penzijní společnost is an acknowledged business subject which actively works in the Association of Pension Companies of the Czech Republic. The guarantee of appreciation of ČS penzijní společnost clients’ means is mainly a thought-out investment strategy which is grounded on great experience of Česká spořitelna in the financial sector.