Banku Handlowego w Warszawie S.A.

Transaction in Own Shares • Apr 9, 2024

Report Content Warsaw,April 8, 2024

CurrentReport No. 9/2024

Subject: Informationon 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 April 2, 2024 and April 5,2024, DMBH purchased the following shares for the account of the Bank:

1)_#160;_#160;_#160;_#160;The own shares werepurchased on the basis of Resolution No. 5/2022 of the Bank'sExtraordinary General Meeting dated December 16, 2022, authorizing theManagement Board to purchase the Bank's own shares and create a capitalreserve for the Bank's own shares buy-back program in connection withthe implementation of: (i) a share-based incentive plan for personswhose professional activities have a material impact on the Bank's riskprofile, and (ii) a share-based incentive plan for selected Bankemployees other than persons whose professional activities have amaterial impact on the Bank's risk profile.

2)_#160;_#160;_#160;_#160;Between April 2,2024 and April 5, 2024 DMBH purchased a total of 16,705 shares for theaccount of the Bank. The total value of the transactions was PLN1,872,861.00 (one million eight hundred seventy two thousand eighthundred sixty one Polish zloty).

3)_#160;_#160;_#160;_#160;The average unitpurchase price was PLN 112.11379826 (one hundred twelve Polish zloty,eleven) per share.

4)_#160;_#160;_#160;_#160;The shares acquiredin the transactions referred in item (2) above have the nominal value ofPLN 4.00 (four) each, represent 0.0127851% of the Bank's share capitaland 0.0127851% of the total number of votes at the Bank's GeneralMeeting.

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;_#160;_#160;_#160;On the date ofpublication this Current Report, the Bank has acquired a total of65,143own shares under the own shares buy-back program, representing0,0498570% of the Bank's share capital and 65,143 of votes at itsGeneral Meeting, which represents 0,0498570% of the total number ofvotes at the Bank's General Meeting.