Bank Polska Kasa Opieki S.A. (the “Bank”) hereby informs that on 26 March 2024 the Management Board of the Bank expressed consent to the issue of senior non-preferred bonds with a planned total nominal value not exceeding PLN 500,000,000 (in words: five hundered thousand zlotys) (the “Bonds”). The final total nominal value of the Bonds may be increased by the Management Board of the Bank in case of significant investor interest expressed in the course of book-building process. The Bonds will constitute eligible liabilities of the Bank within the meaning of Article 97a (1) pt. 2) of the Act on the Bank Guarantee Fund, Deposit Guarantee System and Forced Restructuring of June 10, 2016.

The nominal value of one Bond will be PLN 500,000 (in words: five hundred thousand zlotys). The Bonds will be unsecured. The detailed terms of the issue and the exact size of the issue of Bonds will be determined at a later date, about which the Bank will inform in a separate current report, taking into account inter alia results of the book-building process among investors and the situation on the bond market.

The Bonds may be issued in one or more series. The offer of Bonds will be carried out exclusively on the territory of Poland. The Bonds will be offered in a manner which shall not trigger the obligation to draw up a prospectus, because the Bonds will be issued in accordance with Article 33 point 1) of the Act of 15 January 2015 on bonds, and proposals for the purchase of Bonds will be addressed solely to qualified investors only within the meaning of art. 2 letter e of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market and repealing Directive 2003/71/EC.

The considered time of the commencement of Bonds issue process is March 2024, subject to the reservation that it depends on the situation on the bond market.

Legal basis: Article 17.1 of MAR – confidential information