Abak Spolka Akcyjna

Share Issue/Capital Change • Jun 6, 2023

Recording of 31,397 shares of mBank S.A. in the securities accounts ofpersons taking part in the Bank's incentive program under theconditional share capital increaseThe Management Board of mBankS.A. (the Bank) announces that 31,397 shares of the Bank were recordedunder the conditional share capital increase in the securities accountsof persons taking part in the Bank's incentive program (eligiblepersons) on 6 June 2023.

The aforementioned shares were issued on the basis of Resolution No. 38of the 31st Annual General Meeting of the Bank dated 9 May 2018 on theissue of subscription 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, anddematerialization of shares.

After recording the shares in the securities accounts of the eligiblepersons, the Bank's share capital amounts to PLN 169,859,568 and isdivided into 42,453,892 ordinary bearer shares and 11,000 ordinaryregistered shares with a nominal value of PLN 4 each. Each share carriesthe right to one vote during the Annual General Meeting of the Bank.

The total number of votes stemming from the Bank's shares amounts to42,464,892.

After recording the shares in the securities accounts of the eligiblepersons, the conditional increase of the Bank's share capital amounts toPLN 3,324,652 under the conditional share capital increase underResolution No. 38 of the 31st Annual General Meeting of the Bank dated 9May 2018 on the issue of subscription warrants, conditional sharecapital increase with divestment of the existing shareholders'pre-emptive right to subscription warrants and shares, change of thecompany's by-Laws and on applying for admission of shares to trading onthe regulated market, and dematerialization of shares.

Since the Bank's shares are dematerialized, recording the shares in thesecurities accounts of the eligible persons is regarded as equivalent toissuing share documents under the conditional share capital increase.