Alior Bank S.A.

Capital/Financing Update • Jun 11, 2024

Report Content Decision on the issue of bonds by Alior Bank S.A. and determination ofthe final parameters of the bond issue

In reference to the current report no. 22/2024 of May 23, 2024, theManagement Board of Alior Bank S.A. (_quot;Bank_quot;, _quot;Issuer_quot;) informs that onJune 11, 2024, it adopted a resolution on the issue of series O bonds,whose liabilities will constitute eligible liabilities of the Bankwithin the meaning of Article 97a Section 1 Point 2 of the Act of June10, 2016 on the Bank Fund Guarantee, deposit guarantee scheme andresolution and liabilities of which the nominal value of the Bonds willconstitute an obligation belonging to the third category, subcategoryfour, as referred to in Article 440 Section 2 Point 3(d) of the Act ofFebruary 28, 2003, Bankruptcy Law, and from which the interest of theBonds will constitute obligations belonging to the fourth category,subcategory one, as referred to in Article 440 Section 2 Point 4(a) ofthe Act of February 28, 2003, Bankruptcy Law (_quot;Bonds_quot;) and specified thefinal parameters of the issue of the Bonds.

At the same time, the Bank's Management Board informs that due to thegreat interest of investors in purchasing Bonds, expressed during thebook-building process, it decided to increase the initially assumedissue amount from PLN 400 million to PLN 550 million.

The basic terms of the Bond's issue are as follows:

1. The maximum total nominal value of the Bonds is up to PLN 550,000,000(in words: five hundred and fifty million zlotys),

2. The nominal value and issue price of one Bond is PLN 500,000 (inwords: five hundred thousand zlotys),

3. The Bonds will be unsecured,

4. The Bonds will be offered solely to qualified investors within themeaning of Article 2 point e of Regulation (EU) 2017/1129 of theEuropean Parliament and of the Council of June 14, 2017 on theprospectus to be published when securities are offered to the public oradmitted to trading on a regulated market and, repealing Directive2003/71/EC,

5. The Bonds will bear interest at a variable interest rate constitutingthe sum of the WIBOR 6M rate and a margin of 1.99% per annum,

6. The date of issue of the Bonds will be June 27, 2024,

7. The redemption date of the Bonds will be June 9, 2028, the Bank willhave the option of early redemption of the Bonds starting from June 9,2027, and after meeting the regulatory requirements applicable to theBonds and the Bank,

8. The Bonds will be issued as bearer bonds, will not have the form of adocument and will be registered in the securities depository maintainedby the Polish National Depository for Securities,

9. The Bank will apply for the introduction of the Bonds to listing onthe alternative trading system operated by the Warsaw Stock Exchange.