Banku Handlowego w Warszawie S.A.

Notice of Dividend Amount • May 20, 2025

Current Report No. 10/2025

Re: Information on the proposed distribution ofnet profit for 2024 and undistributed net profit from previous years

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).

On May 19, 2025, the Management Board of BankHandlowy w Warszawie S.A. ("Bank") adopted a resolution on the proposeddistribution of net profit for the year 2024 and undistributed netprofit from previous years.

The Management Board of the Bank recommended todistribute the profit for 2024 in the amount of PLN 1,791,978,477.05 asfollows:

1)dividend: PLN 1,342,776,931.65which means that the dividend per shareamounts to PLN 10.29,

2)leave net profit in the amount of PLN449,201,545.40 undistributed.

The Management Board of the Bank proposed to set thedividend date for July 7, 2025 (the dividend day) and the date ofdividend payment for July 14, 2025 (the dividend payment date).

The dividend amount per share was calculated bydividing the dividend amount for shareholders by the total number ofshares in the Bank reduced by the number of treasury shares held by theBank. As a result, 130,493,385 shares participate in the dividenddistribution.

The above proposal of dividend payment, representing74.93% of the net profit for 2024, is in line with the individualrecommendation of the Polish Financial Supervision Authority regardingthe Bank's compliance with the requirements for the payment of 75% ofthe dividend from net profit generated in 2024, which the Bank informedabout in the current report No. 6/2025 of March 13, 2025.

At the same time, the Bank's Management Boardrecommended to allocate the entire undistributed net profit of the Bankfrom previous years in the amount of PLN 1,091,283,635.71 which consistsof:

1)Undistributed profit generated in 2018in the amount of PLN 163,279,653.78

2)Undistributed profit generated in 2019in the amount of PLN 478,802,436.53

3)Undistributed profit generated in 2024in the amount of PLN 449,201,545.40

to the dividend capital provided that it isestablished by the General Meeting of Shareholders.

The recommendation of the Bank's Management Boardwill be submitted to the Supervisory Board for consideration andassessment, and then to the General Meeting for the purpose of adoptinga resolution. The final decision on the distribution of the net profitfor 2024 and allocation of undistributed profits from previous yearswill be made by the Bank's General Meeting.