Banku Handlowego w Warszawie S.A.

Transaction in Own Shares • Jun 3, 2024

Report Content CurrentReport No. 24/2024

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 May 27, 2024 and May 28, 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;BetweenMay 27, 2024 and May 28, 2024 DMBH purchased a total of 18,450 sharesfor the account of the Bank. The total value of the transactions was PLN2,048,556.20 (two million forty eight thousand five hundred fifty sixPolish zloty, 20/100).

3)_#160;Theaverage unit purchase price was PLN 111.03285637 (one hundred elevenPolish zloty, three) per share.

4)_#160;Theshares acquired in the transactions referred in item (2) above have thenominal value of PLN 4.00 (four) each, represent 0.0141207% of theBank's share capital and 0.0141207% of the total number of votes at theBank's General Meeting.

5)_#160;_#160;_#160;_#160;The purpose of theown shares buy-back is to transfer them to eligible persons under theincentive plans announced by the Bank in its Current Report No. 29/2022of 7 November 2022 and No. 30/2022 of 14 November 2022 and No. 27/2023of 29 December 2023.

6)_#160;Onthe date of publication this Current Report, the Bank has acquired atotal of172,550 own shares under the ownshares buy-back program, representing 0.1320607% of the Bank's sharecapital and 172,550 of votes at its General Meeting, which represents0.1320607% of the total number of votes at the Bank's General Meeting.

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