UNOFFICIAL TRANSLATION

Bank Polska Kasa Opieki Spółka Akcyjna ("Bank") informs that the consolidated financial results for the second quarter of 2024 will include the cost related to the modification of PLN mortgage loan agreements granted to consumers, the total pre-tax amount of which will be approximately PLN 513 million.

The reason of recognizing the above cost is that the Bank took into account customers' rights to suspension of loan repayments resulting from the amendment to Act of 7 July 2022 on social financing for business ventures and support to borrowers (the "Act"), announced in the Journal of Laws of 7 May 2024, under position 696.

Taking into account the participation criteria resulting from the Act, the Bank has estimated the participation among eligible customers and, as a result, estimates that about 38% of the volume of mortgages loans granted in Polish zloty will be covered by the credit vacation.

This estimate will be periodically verified, in particular with regard to the assumed level of customer participation, and its update will be included in the current financial results.

The above cost will be charged to the financial results of the Bank and the Group for the second quarter of 2024.

At the same time, the capital adequacy and liquidity ratios of the Bank and the Group will remain at safe levels, above the regulatory requirements.

Detailed information on the above event will be presented in the financial report for the first half of 2024, the publication of which is planned for 8 August 2024.

Legal grounds: Art. 17 of (1) MAR – inside information