Events affecting Alior Bank S.A.'s financial results in the thirdquarter of 2022 - update

In reference to the current report No. 18/2022 of July 15, 2022, theManagement Board of Alior Bank S.A. (_quot;the Bank_quot;) hereby discloses updateof information on events materially affecting the Bank's financialresults in third quarter of 2022.

In connection with the entry into force of the Act from 7th July oncrowdfunding for business ventures and assistance to borrowers (Journalof Laws 2022, item 1488), that enables customers to suspend theexecution of a martgage loans agreements concluded to satisfy theirhousing needs, the Bank verified the existing estimates and decided torecognize an additional expense related to the modification of loanagreements in this regard in the amount of PLN 36 million.

Therefore, the total cost estimated based on the 69% participation ofborrowers who are eligible to benefit from the suspension of mortgageloan repayments amounts to a total of PLN 502 million. The cost wasrecognized as a deduction from profit before tax in the third quarter of2022.

This estimate will be reviewed periodically, in particular regarding theassumed participation level of customers. The update will be recognisedin the Bank's reported financial results.