Alior Bank S.A.

Capital/Financing Update • Oct 1, 2024

Report Content Initiation of the book building process in connection with the intentionto issue bonds by Alior Bank S.A.

The Management Board of Alior Bank S.A. (_quot;Bank_quot;, _quot;Issuer_quot;) informs thaton October 1, 2024, it adopted a resolution to consent to initiate thebook building process in connection with the Bank's intention to issuebonds, whose liabilities will constitute eligible liabilities of theBank referred to in Article 97a Section 1 Point 2 of the Act of June 10,2016, on the Bank Fund Guarantee, deposit guarantee scheme, andresolution and obligations belonging to the sixth category referred toin Article 440 Section 2 Point 6) of the Act of February 28, 2003,Bankruptcy Law (_quot;Bonds_quot;).

The book building process will be carried out exclusively with theparticipation of qualified investors within the meaning of Article 2(e)of the Regulation (EU) 2017/1129 of the European Parliament and of theCouncil of June 14, 2017, on the prospectus to be published whensecurities are offered to the public or admitted to trading on aregulated market and repealing Directive 2003/71/EC.

The Bonds will be issued in a public offering in accordance with Article33 Point 1 of the Act of January 15, 2015, on bonds.

The basic parameters of the Bonds issue under consideration are asfollows:

1. The maximum total nominal value of the Bonds issue will up to PLN300,000,000.00 (in words: three hundred million zlotys), however, theBank's Management Board may decide to change the total nominal value ofthe Bonds issue after analyzing the demand for the Bonds reported duringthe preparation of the book.

2. The nominal value of one Bond will amount to PLN 500,000.00 (inwords: five hundred thousand zlotys).

3. The Bonds will not be secured.

4. The Bonds may be issued in one or several series.

5. The bonds will bear interest at a variable interest rate. The exactparameters of the interest rate on the Bonds will be determined duringthe book building process.

6. The Bank will apply for the introduction of the Bonds to thealternative trading system operated by the Warsaw Stock Exchange.

7. The considered date of the Bonds issue is October 2024, with thequalification that the Bank will decide on the issue of the Bonds andtheir parameters after analyzing market conditions. After analyzingmarket conditions, the Bank may also decide to withdraw from the issueof the Bonds.

8. Detailed terms and conditions of the issue and the exact value of theBonds issue will be determined by the Bank's Management Board at a laterdate, taking into account the results of the book building process.