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mBank S.A.

M&A Activity • Feb 28, 2018

5702_rns_2018-02-28_779da1ce-665c-43e2-9093-4f8cc3e9fd3e.html

M&A Activity

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Fulfilment of the conditions precedent to execution of the transactionon sale of an organised part of the enterprise of mFinanse S.A.

Pursuant to the current report 70/2017 dated 27 November 2017 onconclusion by mBank S.A. ("Bank") and the Bank's subsidiary mFinanseS.A. ("mFinanse") of conditional agreement under which: (i) the Bank isobliged to sell and transfer 100%, i.e. 100,000, shares in Latona S.A.to Phoebe IVS with its registered office in Denmark ("Investor") and(ii) mFinanse is obliged to thereupon sell and transfer an organisedpart of the enterprise of mFinanse to Latona S.A. ("Agreement"), theManagement Board of the Bank announces that at the end of the 27February 2018 all conditions precedent (as set out in the Agreement) toexecution of agreements indicated in points (i) and (ii) above have beenfulfilled.