Banku Handlowego w Warszawie S.A.

Transaction in Own Shares • Dec 9, 2024

Report Content Subject:Information on own shares buy-back transactions

Legalbasis:Article 5 of Regulation (EU) No. 596/2014 of the European Parliament andof the Council of 16 April 2014 on market abuse (Market AbuseRegulation) and repealing Directive 2003/6/EC of the European Parliamentand of the Council and Commission Directives 2003/124/EC, 2003/125/ECand 2004/72/EC and Article 2(2) and (3) of Commission DelegatedRegulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU)No. 596/2014 of the European Parliament and of the Council with regardto regulatory technical standards on conditions applicable to buy-backprograms and stabilization measures (Delegated Regulation 2016/1052).

TheManagement Board of Bank Handlowy w Warszawie S.A. ("Bank")announces that the Bank has received a notification from the BrokerageDepartment of Bank Handlowy ("DMBH") indicating that inimplementing the Bank's Own Shares buy-back program adopted by itsExtraordinary General Meeting on December 16, 2022 (as announced by theBank in its Current Report No. 34/2022 dated December 16, 2022 and No.27/2023 dated December 29, 2023) between December 2, 2024 and December6, 2024, DMBH purchased the following shares for the account of the Bank:

1)_#160;Theown shares were purchased on the basis of Resolution No. 5/2022 of theBank's Extraordinary General Meeting dated December 16, 2022,authorizing the Management Board to purchase the Bank's own shares andcreate a capital reserve for the Bank's own shares buy-back program inconnection with the implementation of: (i) a share-based incentive planfor persons whose professional activities have a material impact on theBank's risk profile, and (ii) a share-based incentive plan for selectedBank employees other than persons whose professional activities have amaterial impact on the Bank's risk profile.

2)_#160;Between December 2, 2024 andDecember 6, 2024 DMBH purchased a total of 41,113 shares for the accountof the Bank. The total value of the transactions was PLN 3,658,996.20(three million six hundred fifty eight thousand nine hundred ninety sixPolish zloty, 20/100).

3)_#160;_#160;Theaverage unit purchase price was PLN 88.99852115 (eighty eight Polishzloty, 99/100) per share.

4)_#160;_#160;Theshares acquired in the transactions referred in item (2) above have thenominal value of PLN 4.00 (four) each, represent0.0314657%of the Bank's share capital and 0.0314657% of the total number ofvotes at the Bank's General Meeting.

5)_#160;_#160;Thepurpose of the own shares buy-back is to transfer them to eligiblepersons under the incentive plans announced by the Bank in its CurrentReport No. 29/2022 of 7 November 2022 and No. 30/2022 of 14 November2022 and No. 27/2023 of 29 December 2023.

6)_#160;_#160;Onthe date of publication this Current Report, the Bank has acquired atotal of307,487 own shares under the ownshares buy-back program, representing0.2353344%ofthe Bank's share capital and 307,487 of votes at its General Meeting,which represents 0.2353344% of the total number of votes at the Bank'sGeneral Meeting.

Detailsregarding the own shares buy-back transactions discussed in this CurrentReport are provided in an attachment hereto.