UNOFFICIAL TRANSLATION

Bank Polska Kasa Opieki Spółka Akcyjna (“the Bank") hereby announces that in connection with the increase in income tax rates for banks, which will amount to 30% in 2026, 26% in 2027 and 23% from 2028, in the fourth quarter of 2025 there was a revaluation of deferred tax assets and provisions. This change has a positive impact on the consolidated net financial result for fourth quarter 2025 in an amount about 180 PLN million and a negative impact on the consolidated other components of comprehensive income as at 31 December 2025 in amount  about 20 PLN million. The positive effect of this revaluation  stems from the fact that Bank’s Group has a net deferred tax asset, so an increase of the tax rates will cause the increase of this asset.

Furthermore, the Bank informs that consolidated financial results of the Bank’s Group for the fourth quarter of 2025 will include increase in provision for legal risk of CHF-denominated mortgage loans in the amount about 290 PLN million (gross amount), resulting mainly from updating expected financial impact of court cases and forecast of future inflow of lawsuits from borrowers.

Detailed information on the above events will be presented in the Separate Financial Statements of Bank Pekao S.A. for the year ended 31st December 2025 and Consolidated Financial Statements of Bank Pekao S.A. Group for the year ended 31st December 2025.

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