Bank Millennium S.A.

Registration Form • May 29, 2024

Appendix No. 1 to the current report no. 18/2024

The Court-registered amendments to the Bank's Articles of Association:

1/ in § 5 sect. 1 the introductory sentence shall be replaced by the following sentences: "The subject of the Bank's activity includes the activities indicated in sec. 1 - 2¹ to which the Bank is authorized, constituting banking activities and other activities. The scope of activity of the Bank shall comprise:";

2/ in § 5 sect. 1 in point 10 the following words shall be deleted: "forwards and futures,";

3/ in § 5 sect. 1 in point 12 the following words shall be deleted: "and providing safe deposit boxes";

4/ in § 5 sect. 2 in the introductory sentence the word: "Operations" shall be replaced by words: "Scope of operations";

5/ in § 5 sect. 2 in point 1 the following words shall be deleted: "acquiring or purchasing shares of stock and rights under shares of another legal person and participation units in investment funds;";

6/ in § 5 sect. 2 in point 2 the following words shall be deleted: "organising and running leasing activities,";

7/ in § 5 sect. 2 in point 3 the following words shall be deleted: "assuming commitments related to the issue of securities,";

8/ in § 5 sect. 2 in point 4 the following words shall be deleted: "trading in securities,";

9/ in § 5 sect. 2 in point 14 in subsection c/ the following words shall be deleted: "keeping securities accounts and omnibus accounts,";

10/ in § 5 sect. 2 the point 25 shall read as follows:

"25) conducting, through an organisationally separated organisational unit of the Bank, brokerage activity in scope:

a/ accepting and transmitting orders to purchase or sell financial instruments,

b/ execution of orders to purchase or sell financial instruments on the account of the principal,

c/ purchase or disposal of financial instruments on own account,

d/ investment consultancy,

e/ offering financial instruments,

f/ provision of services in the performance of concluded underwiting agreements or conclusion and performance of other agreements of a similar nature, if their subject matter is financial instruments, g/ storing or registering financial instruments, including keeping securities accounts, derivatives accounts and omnibus accounts, and keeping cash accounts, as well as keeping records of financial instruments,

h/ foreign exchange, if it is related to brokerage activities within the scope indicated in Article 69 sect. 2 of the Act on Trading in Financial Instruments,

i/ preparing investment analyses, financial analyses and other recommendations of a general nature regarding transactions in financial instruments,

j/ provision of additional services related to the underwriting agreement,";

11/ in § 5 sect. 2 in point 26 the following words shall be deleted:

"activities from the scope of actions performed on the basis of art. 70 sect. 2 of the Act on Trading in Financial Instruments, consisting in:

a/ accepting and sending orders for purchase or sale of financial instruments,

b/ carrying out orders, mentioned in sub-item a/, on the account of the party placing the order,

c/ purchasing or selling financial instruments on own account,

d/ investment advice,

e/ offering financial instruments,

f/ providing services in the performance of the concluded underwriting agreements or concluding and performing other agreements of a similar nature, if their subject matter is financial instruments,";

12/ in § 5, after the section 2, the section 2¹ shall be added reading as follows:

"2¹. The scope of the Bank's activity also includes, pursuant to Article 70 sect. 2 of the Act on Trading in Financial Instruments, conducting the following activities outside the organizationally separated organizational unit through which the Bank conducts brokerage activities:

a/ accepting and sending orders for purchase or sale of financial instruments, execution of such orders on the account of the principal, investment advice, offering financial instruments, provided that the subject of these activities are financial instruments specified in Article 70 sect. 2 p. 1 of the Act on Trading in Financial Instruments,

b/ purchasing or selling financial instruments on own account, excluding such activities performed as a market maker in shares or derivatives of which the underlying is shares,

c/ providing services in the performance of the concluded underwriting agreements or concluding and performing other agreements of a similar nature, if their subject matter is financial instruments, d/ storing or registering financial instruments, including keeping securities accounts, derivatives accounts and omnibus accounts, cash accounts, as well as keeping records of financial instruments,

e/ preparing investment analyses, financial analyses and other recommendations of a general nature concerning transactions in financial instruments,

f/ provision of additional services related to the underwriting agreement,

g/ foreign exchange to the extent related to the Bank's performance of the activities referred to in Article 70 sect.2 of the Act on Trading in Financial Instruments,

h/ activities performed pursuant to Article 70 sect.2 p.4 of the Act on Trading in Financial Instruments, consisting in granting cash loans for the purpose of making a transaction involving one or more financial instruments, if the transaction is to be made through the Bank.";

13/ in § 6 the following words shall be deleted: "rental of safe deposit boxes and".