CurrentReport No. 35/2024Subject:Information on own shares buy-back transactions

Legal basis: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).

The Management Board ofBank Handlowy w Warszawie S.A. ("Bank") announces that theBank has received a notification from the Brokerage Department of BankHandlowy ("DMBH") indicating that in implementing theBank's Own Shares buy-back program adopted by its Extraordinary GeneralMeeting on December 16, 2022 (as announced by the Bank in its CurrentReport No. 34/2022 dated December 16, 2022 and No. 27/2023 datedDecember 29, 2023) between October 8, 2024 and October 11, 2024, DMBHpurchased the following shares for the account of the Bank:

1)_#160;_#160;_#160;_#160;Theown shares were purchased on the basis of Resolution No. 5/2022 of theBank's Extraordinary General Meeting dated December 16, 2022,authorizing the Management Board to purchase the Bank's own shares andcreate a capital reserve for the Bank's own shares buy-back program inconnection with the implementation of: (i) a share-based incentive planfor persons whose professional activities have a material impact on theBank's risk profile, and (ii) a share-based incentive plan for selectedBank employees other than persons whose professional activities have amaterial impact on the Bank's risk profile.

2)_#160;_#160;_#160;_#160;BetweenOctober 8, 2024 and October 11, 2024 DMBH purchased a total of 17,010shares for the account of the Bank. The total value of the transactionswas PLN 1,521,449.20 (one million five hundred twenty one thousand fourhundred forty nine Polish zloty, 20/100).

3)_#160;_#160;_#160;_#160;Theaverage unit purchase price was PLN 89.44439741 (eighty nine Polishzloty, 44/100) per share.

4)_#160;_#160;_#160;_#160;Theshares acquired in the transactions referred in item (2) above have thenominal value of PLN 4.00 (four) each, represent 0,0130186% of theBank's share capital and 0,0130186% of the total number of votes at theBank's General Meeting.

5)_#160;_#160;_#160;_#160;Thepurpose of the own shares buy-back is to transfer them to eligiblepersons under the incentive plans announced by the Bank in its CurrentReport No. 29/2022 of 7 November 2022 and No. 30/2022 of 14 November2022 and No. 27/2023 of 29 December 2023.

6)_#160;_#160;_#160;_#160;Onthe date of publication this Current Report, the Bank has acquired atotal of189,560 own shares under the ownshares buy-back program, representing0.1450793%_#160;ofthe Bank's share capital and 189,560 of votes at its General Meeting,which represents 0.1450793%_#160;ofthe total number of votes at the Bank's General Meeting.