Approval of the base prospectus relating to up to PLN 2,000,000,000bonds offering program

Company: Alior Bank S.A.

Current report No.: 19/2022

Date: 25 August 2022

Legal basis: Article 17(1) of the Market Abuse Regulation (MAR) - insideinformation

Content of the report: Further to current report No. 27/2019 dated 5August 2019 on opening of the Long-Term Bond Issue Program of Alior BankS.A. the Management Board of Alior Bank S.A. with its registered officein Warsaw (the "Bank") informs that on 24 August 2022 the PolishFinancial Supervision Authority Bank's approved the Bank's baseprospectus (the "Prospectus") drawn up in connection with:

1.the offering program for the bearer bonds in the maximum nominal valueof PLN 2,000,000,000 (the "Bonds") that the Bank established under thelong-term issue program for the Bank's bonds in the maximum nominalvalue of PLN 5,000,000,000 and the Bank's intention to carry out thepublic offerings of the Bonds in the territory of the Republic ofPoland; and

2.the Bank's intention to ask for submission and introduction of theindividual series of the Bonds to trading on a regulated market (a mainor parallel market) for the debt securities operated by Giełda PapierówWartościowych w Warszawie S.A. (Warsaw Stock Exchange).

Under the Prospectus the Bank may carry out the public offerings of:

1.the unsubordinated Bonds:

2.the subordinated Bonds that will constitute the Bank's capitalinstruments qualifying as Tier 2 instruments within the meaning of Art.62(a) of Regulation (EU) No 575/2013 of the European Parliament and ofthe Council of 26 June 2013 on prudential requirements for creditinstitutions and amending Regulation (EU) No 648/2012, as amended (the"Tier 2 Bonds"); and

3.the Bonds that under Art. 97a.1.2 of the Act on the Banking GuaranteeFund, the Deposit Guarantee Scheme and Resolution dated 10 June 2016will be the Bank's eligible liabilities (the "MREL Bonds").

The denomination per unit of each of the Bonds will be at least PLN 100or its multiple and the denomination per unit of each of the Tier 2Bonds and the MREL Bonds will be at least PLN 400,000. The nominal valueof one Bond and the final maximum amount of the Bonds offered in thegiven series will be specified in the final terms for such series of theBonds.

The Prospectus will be published on 26 August 2022 on the Bank'swebsite: www.aliorbank.pl.