mBank S.A.

Board/Management Information • Oct 26, 2021

Appointment of a new member of the Supervisory Board of mBank S.A.

The Management Board of mBank S.A. ("the Bank") announces that under aresolution of the Bank's Supervisory Board of 25 October 2021, Dr ArminBarthel was appointed as the member of the Supervisory Board of mBankS.A., as of 25 October 2021, until the end of the current term of theSupervisory Board.

Since April 2016 Dr Armin Barthel is Divisional Board Member in hisfunction as the Group Chief Compliance Officer and Anti-Money LaunderingOfficer of Commerzbank AG responsible for all compliance units of thegroup, including its foreign branches and subsidiaries.

After studying law in Marburg and Great Britain as well as legalclerkship and doctorate (PhD) in Hamburg, Dr Armin Barthel began hiscareer in 2003 in the Frankfurt office of Hengeler Mueller.

In 2005, he joined the legal department of Commerzbank AG Frankfurtwhere he held various positions, most recently as General Counsel andHead of Legal North America in the New York branch of Commerzbank since2012.

To the best knowledge of the Bank, Dr Armin Barthel is not involved inany activities which compete with those carried out by the Bank

In accordance with the criteria applied by the Bank, Dr Armin Barthel isnot an independent member of the Supervisory Board of the Bank.

Dr Armin Barthel has no records in the Register of Insolvent Debtorsmaintained under the National Court Register Act.