Abak Spolka Akcyjna

Notice of Dividend Amount • Feb 29, 2024

Resolutionof the Management Board of mBank S.A. regarding motion on division ofprofit earned in 2023 and division of undivided profits from previousyears, approved by the Supervisory Board - no payment of dividend inline with dividend policy adopted and communicated for 2023.

TheManagement Board of mBank S.A. the _quot;Bank_quot; announces that on 29th ofFebruary 2024 the Management Board adopted a resolution on providing theOrdinary General Meeting with a motion on division of net profit earnedin 2023 and division of undivided profits from previous years in thefollowing manner:

1. Thenet profit earned by mBank S.A. in 2023, amounting to PLN_#160;29 322_#160;135.24_#160;is assigned to the supplementary capital ofmBank S.A.

2.Undivided profits from previous years amounting to PLN_#160;1_#160;401_#160;756_#160;971.49shall not be divided.

Paymentof dividend is not envisaged in line with dividend policy adopted for2023 and communicated in current reports no 48/2022 dated 27 September2022 and 49/2022 dated 28 September 2022 and in line withthe individualrecommendation of the Polish Financial Supervision Authority regardingdividend policy, which was communicated by the Bank in current report no3/2024 dated 21 February 2024.

Theresolution of the Management Board of the Bank on the submission of themotion concerning the allocation of the net profit earned in 2023 anddivision of the undivided_#160;profitsfrom previous years, for consideration of the Annual General Meeting ofthe Bank, was submitted for evaluation to the Supervisory Board pursuantto Article 382 § 3 of the Code of Commercial Companies. On 29 February2024 the Supervisory Board of the Bank adopted a resolution regardingthe motion of the Management Board on providing the Ordinary GeneralMeeting with motion regarding allocation of the net profit earned in2023 and division of undivided profits from previous years - inaccordance with the motion submitted by the Management Board.