UNOFFICIAL TRANSLATION 

Bank Pekao S.A. – 2025 EU-Wide Stress Test Results

Bank Polska Kasa Opieki Spółka Akcyjna (“Bank”) was subject to the 2025 EU-wide stress test conducted by the European Banking Authority (”EBA”), in cooperation with the Polish Financial Supervision Authority, the European Central Bank (“ECB”), and the European Systemic Risk Board (“ESRB”).

The Bank notes the announcements made on 1 August 2025 by the EBA on the EU-wide stress test and fully acknowledges the outcomes of this exercise.

The 2025 EU-wide stress test does not contain a pass- fail threshold and instead is designed to be used as an important source of information for the purposes of the supervisory review and evaluation process (SREP). The results will assist competent authorities in assessing Bank’s ability to meet applicable prudential requirements under stressed scenarios.

The adverse stress test scenario was set by the ECB/ESRB and covers a three-year time horizon (2025-2027). The stress test has been carried out applying a static balance sheet assumption as of December 2024, and therefore does not take into account future business strategies and management actions. It is not a forecast of Bank profits.

Based on the results of the exercise and under the supervisor’s control, the Bank will take possible management actions for mitigating the impact under the adverse scenario; assess the impact of the results on Bank’s forward looking capital plans and its capacity to meet applicable prudential requirements; and determine whether any additional measures or changes to the Bank’s capital plan are needed.

According to the EU-wide stress test results, the consolidated fully loaded Common Equity Tier 1 (CET1) ratio of Bank would be in 2027 at the level of 20.03% under the baseline scenario and at 17.03% under the adverse scenario.

Bank's EU-wide stress test results attached.