Bank Millennium S.A.

Capital/Financing Update • May 7, 2024

Report Content Bank Millennium S.A.

Date: 7 May 2024 r.

Current Report No. 17/2024

Subject: Information on estimated negative impact of extension of creditholidays on 2nd quarter 2024 results of Bank Millennium S.A. CapitalGroup.

The Management Board of Bank Millennium S.A. [the Bank] informs that,following the signing by the President of the Republic of Poland andannouncement in the Journal of Laws of the Republic of Poland of an Actof April 12, 2024 on changes to the Act on support for mortgageborrowers who are in challenging financial situation and the Act oncrowdfunding for business ventures and assistance to borrowers [theAct], introducing, among others, an extension of credit holidays for PLNmortgage borrowers by four more months in 2024, the Bank preliminarilyestimates that the impact of the implementation of this Act on resultsof the Group would be in the range between PLN201 million to PLN247million before tax. The estimated cost resulting from the Act will bebooked in 2nd quarter 2024 accounts and its final estimate will bedisclosed in the 1st half 2024 report.

Legal basis: art. 17 section 1 MAR