Banku Handlowego w Warszawie S.A.

Notice of Dividend Amount • Jun 15, 2021

Current Report No. 24/2021

Re: Opinion of the Supervisory Board on themotion of the Management Board concerning the distribution of net profitfor the year 2020 and undistributed profit for 2019

Legal basis:Art. 17of the Regulation (EU) No 596/2014 of the European Parliament and of theCouncil of 16 April 2014 on market abuse (MAR).

With reference to the current report No. 23/2021 ofJune 14, 2021, the Management Board of Bank Handlowy w Warszawie S.A.("the Bank") informs that on June 14, 2021, the Supervisory Board ofBank Handlowy w Warszawie S.A. ("the Supervisory Board") adopted aresolution and gave a positive opinion on the submission to the AnnualGeneral Meeting of Shareholders of the motion of the Management Board onthe distribution of net profit for 2020 in the amount of PLN158,085,123.29 and undistributed profit for 2019 in the amount of PLN478,802,436.53 by allocating an appropriate part of them to the dividendpayment, provided that until September 10, 2021 (inclusive), the PolishFinancial Supervision Authority allows the distribution of profit in oneof the following ways:

a)a)Whole Profit Distribution Condition,

b)b)75% Profit Distribution Condition -if the Whole Profit Distribution Condition fail to be fulfilled,

c)c)50% Profit Distribution Condition -if the 75% Profit Distribution Condition fail to be fulfilled,

d)d)If the 50% Profit DistributionCondition fail to be fulfilled, the net profit for 2020 and theundistributed profit for 2019 will remain fully undistributed.

If the Polish Financial Supervision Authorityapproves the payment of the dividend, the Management Board of the Bankproposed to set the dividend date for September 15, 2021 (the dividendday) and the date of dividend payment for September 22, 2021 (thedividend payment date).

The proposal of the Management Board along with theopinion of the Supervisory Board will be submitted to the Annual GeneralMeeting of Shareholders for approval by resolution.

Drafts of resolutions of the General Meeting on thedistribution of net profit for 2020 and undistributed profit for 2019are attached to this report.