mBank S.A.

Registration Form • Jul 23, 2020

Conditional registration of mBank shares by KDPW

The Management Board of mBank S.A. ("the Bank") hereby states that on 23July 2020 it received information that on 14 July 2020 the PolishNational Depository for Securities S.A. ("KDPW") conditionallyregistered 7,826 ordinary bearer's shares in the Bank with face value ofPLN 4 per share, issued pursuant to Resolution No. 38 of the 31stOrdinary General Meeting of the Bank of 9 May 2018 re. the Issue ofSubscription Warrants, Conditional Share Capital Increase withDivestment of the Existing Shareholders' Pre-emptive Right toSubscription Warrants and Shares, Change of the Company's By-Laws and onApplying for Admission of Shares to Trading on the Regulated Market, andDematerialisation of Shares, and assigned code PLBRE0000012 to them.

The registration is conditional upon introducing the above-mentionedshares into trading on the same regulated market where other shares inthe Bank have been introduced and marked PLBRE0000012.

The above-mentioned Bank shares will be registered with KDPW withinthree days from day in which KDPW receives the decision regardingintroduction of the Bank shares on the same regulated market where otherBank shares marked PLBRE0000012 have been introduced by the Bank,however not earlier than on the day defined in the same decision as thedate of introduction of the said shares into trading on the market inquestion.