mBank S.A.

Report Publication Announcement • Oct 29, 2021

Adoption of new mBank Group's Strategy for 2021-2025

The Management Board of mBank S.A. ("Bank") informs that on October 29,2021, it adopted and the Supervisory Board of the Bank approved the newStrategy of mBank Group for 2021-2025 titled " From an icon of mobility,to an icon of possibility".

Description of the context, main pillars and objectives included inmBank Group's Strategy for 2021-2025 is provided in the attached summary.

LEGAL DISCLAIMER

This current report is solely for information purposes and is publishedonly to provide information regarding the adoption of the mBank Group'sStrategy for 2021-2025.

Publishing this information does not constitute an offer to sell or a aninducement of purchase or acquisition of any securities in anyjurisdiction whatsoever, or an advertisement within the meaning ofArticle 53 section 1 of Polish Act of 29 July 2005 on Public Offering,Conditions Governing the Introduction of Financial Instruments toOrganised Trading, and Public Companies, as amended, and is by no meansintended to promote the purchase or acquisition of any securities or toinduce their purchase or acquisition.

Certain statements contained herein may constitute forward-lookingstatements. Forward-looking statements involve a number of known andunknown risks, uncertainties and other factors that could cause theBank's actual results, achievements or development to be materiallydifferent from any future results, achievements or development expressedor implied by such forward-looking statements, for which the Bank shallnot be liable. Each potential investor should make his own analysis andassess the merits of the investment, taking into account all relevantcircumstances.