Bank Millennium S.A.

Capital/Financing Update • May 9, 2025

Report Content Bank Millennium S.A.

Date: 9th May 2025

Current Report No. 20/2025

SUBJECT: Approval of the domestic Bank Millennium S.A. bonds issueprogramme.

Bank Millennium S.A. [the Bank] hereby informs that on 9 May 2025 theBank's Supervisory Board approved the domestic Bank's bonds issueprogramme, with nominal value not higher than PLN 4 bn.

The bonds shall be issued in many series under the Act on Bonds dated 15January 2015.

The bonds may be issued as:

1] senior bonds;

2] bonds, liabilities under which may be included in the Bank's eligibleliabilities in the meaning of art. 97a sect. 1 pt. 2] of the Act of 10June 2016 on the Bank Guarantee Fund, deposit guarantee scheme andresolution; or

3] bonds to be classified as instruments of the Bank's own funds in TierII of the Bank in accordance with Article 63 of Regulation [EU] No.575/2013 of the European Parliament and of the Council of 26 June 2013on prudential requirements for credit institutions and amendingRegulation [EU] No. 648/2012.

The terms and conditions of the bonds may specify the manner of usingthe proceeds from the bond issue, including indicating that the proceedsfrom the bond issue may be used by the Bank to finance the objectivesrelated to sustainable development.

The bonds shall be denominated in PLN or in other currencies and willnot be secured.

Legal base: Art. 17.1 of MAR