mBank S.A.

Legal Proceedings Report • Dec 30, 2024

Report Content Costs of legal risk related to foreign currency loans

TheManagement Board of mBank S.A. ("Bank") informs that in connection withthe decision taken on December 30, 2024 by the Bank, the costs of legalrisk related to loans indexed to foreign currencies recognized in Q42024, amounted to PLN 906,9 million. They result mainly from the updateof the forecast of the number of court cases, the inclusion ofadditional costs related to court proceedings, negative verdicts and theupdate of other model parameters.

TheBank informs that the estimated preliminary net result for Q4 2024 ispositive. At the same time, the Bank informs that in Q4 2024, positiveresults in the core business were continued.

mBankGroup Tier 1 Capital Ratio and the Total Capital Ratio for Q4 2024 areexpected to be considerably higher than the required level, which formBank Group amount to 9.1% for the Tier 1 Capital Ratio and 11.1% forthe Total Capital Ratio.The liquidity ratios significantly exceed the regulatory requirements.

Thefinal value ofcostsof legal risk related to loans indexed to foreign currenciesin Q4 2024 and financial results will be disclosed in the form of acurrent report due to be announced on 6 February 2025.