ING Bank Slaski S.A.

Capital/Financing Update • Apr 18, 2025

Report Content Update of current report No 8/2024 of 4 September 2024 - summary of thecosts of the issue of covered bonds with the value of PLN 500 000 000.00under the International Covered Bond Programme of ING Bank HipotecznyS.A.

In addition to the current report No 8/2024 of 4 September 2024, in thescope of item 12 and 13, the Management Board of ING Bank HipotecznyS.A. with its registered office in Katowice provides information about:

1) The total costs which were included in the issuance costs dividedinto the following categories:

a) costs of preparing and conducting the offer: PLN 1 380 486.29,

b) costs of remuneration of the underwriters: N/A,

c) costs of drawing up a prospectus, including advisory costs: thesecosts apply to all offers of covered bonds carried out under theInternational Covered Bond Programme and is not allocated to individualissues,

d) costs of promotion of the offer: PLN 0.

Total expenses mentioned above paid for subscriptions of covered bondsamounted to PLN 1 380 486.29 gross (VAT included).

Methods of settling costs in accounting books and the manner of theirrecognition in the issuer's financial statements: costs included in thecosts of issue of a given series of covered bonds are included in thevaluation at the amortized cost of the financial instrument and then aresettled in the maturity period of the given issue in interest costsusing an effective interest rate.

2) The average cost of subscription per one subscribed covered bond: PLN1 380.49.

The costs were rounded to two decimal places.

Legal basis: Art. 56.1.2 Act on public offer; § 16.1.12 of theRegulation of the Minister of Finance of 29 March 2018 on current andperiodic information provided by issuers of securities and on conditionsunder which information required by legal regulations of a non-memberstate may be recognized (current report).