Alior Bank S.A.

Capital/Financing Update • Dec 14, 2023

Recommendation of the Polish Financial Supervision Authority regardingthe additional capital requirement for Alior Bank S.A.

The Management Board of Alior Bank S.A. (_quot;Bank_quot;) hereby informs that onDecember 14, 2023, it received a recommendation from the PolishFinancial Supervision Authority (_quot;PFSA_quot;) concerning maintaining theBank's own funds to cover the additional capital add-on in order toabsorb potential losses resulting from the occurrence of stressconditions, of 0.16 p.p. at the non-consolidated level and 0.15 p.p. atthe consolidated level, above the value of each own funds requirementreferred to in Article 92.1a-c of Regulation No. 575/2013, increased bythe additional own funds requirements referred to in Article 138.2.2 ofthe Banking Law Act and the combined buffer requirement referred to inArticle 55.4 of the Act on Macroprudential Supervision. The capitaladd-on should be made up of Tier 1 capital only.

The PFSA's recommendation was issued in connection with the Bank'ssupervisory assessment process, in which the Bank's sensitivity to thepossible materialization of stress scenarios affecting the level of ownfunds and risk exposure was assessed as low.