Initiation of the bookbuilding process in connection with the intentionto issue bonds by Alior Bank S.A.

The Management Board of Alior Bank S.A. ("Bank", "Issuer") informs thaton May 12, 2025, it adopted a resolution concerning the initiation ofthe bookbuilding process in connection with the intention to issue theBank's bonds, whose liabilities will constitute eligible liabilities ofthe Bank referred to in Article 97a Section 1 Point 2 of the Act of June10, 2016, on the Bank Guarantee Fund, deposit guarantee scheme, andresolution and obligations belonging to the sixth category referred toin Article 440 Section 2 Point 6) of the Act of February 28, 2003,Bankruptcy Law ("Bonds").

The bookbuilding process will be carried out exclusively with theparticipation of qualified investors within the meaning of Article 2(e)of the Regulation (EU) 2017/1129 of the European Parliament and of theCouncil of June 14, 2017, on the prospectus to be published whensecurities are offered to the public or admitted to trading on aregulated market and repealing Directive 2003/71/EC.

The Bonds will be issued in a public offering of securities inaccordance with Article 33 Point 1 of the Act of January 15, 2015, onbonds.

The basic parameters of the issue under consideration are as follows:

1. The total nominal value of the Bonds issue will be PLN 400,000,000.00(in words: four hundred million zlotys), however, the Bank's ManagementBoard may decide to increase the total nominal value of the Bonds afteranalyzing the demand for the Bonds reported during the preparation ofthe book.

2. The nominal value of one Bond will amount to PLN 500,000.00 (inwords: five hundred thousand zlotys).

3. The Bonds will not be secured.

4. The Bonds will be issued in one series.

5. The bonds will bear interest at a variable interest rate. The exactparameters of the interest rate on the Bonds will be determined duringthe bookbuilding process.

6. The Bank will apply for the introduction of the Bonds to thealternative trading system operated by the Warsaw Stock Exchange.

7. The date under consideration for the Bonds issue will be in June2025, with the qualification that the Bank will decide on the issue ofthe Bonds and their parameters after analyzing market conditions.

8. Detailed terms and conditions of the issue and the exact value of theBonds issue will be determined by the Bank's Management Board at a laterdate, taking into account the results of the bookbuilding process.