Current report 13/2025

Topic: Strategicdirections of Institutional Banking for 2025-2027 -"Bank forGlobal Business"

Legal basis:Article17(1) of the European Parliament and of the Council of 16 April 2014(MAR Regulation).

With reference to currentreport No. 41/2024 of 5 December 2024, and No. 12/2025 of 27th May 2025,concerning the signing of an agreement on the disposal of the ConsumerBusiness of Bank Handlowy w Warszawie S.A. to VeloBank S.A., theManagement Board of Bank Handlowy w Warszawie S.A. (the "Bank")informs that on 20th May 2025 the Supervisory Board of the Bankconditionally approved new strategic directions for 2025-2027 forInstitutional Banking - "Bank for Global Business" provided that thesale agreement of the Bank's Consumer Business is concluded.

The exit from ConsumerBanking will allow the Bank to focus on the dynamic development of itsleading business area - Institutional Banking. Within the framework ofthe new strategic directions, the Bank will strive to achieve thefollowing financial targets in 2027, which are higher compared to thecorresponding targets set out in the Bank's Strategy of 5 December 2024:

-Return onequity (reported) ROE: approximately 19%;

-Return onassets (reported): approximately 2.6%; and

-Cost-efficiencyratio: below 30%.

As part of the Citigroup,which is present in almost 100 countries around the world, the Bank aimsto be the number one choice for companies with international needs andaspirations. The Bank will also be heavily involved in initiatives thatare in line with Poland's strategic priorities, such as energytransformation and growing defence investments resulting from thecurrent geopolitical situation.

The Bank will strengthenits position in the area of foreign exchange. The Bank also aims tomaintain its leading position in the custody business, among others.

The Bank also focuses oncooperation with companies from the new economy. For clients from thissector, the Bank will offer secure solutions for instant payments andhigh-volume transactions processing.

At the same time, theBank will focus on supporting clients in transforming their businessmodels towards sustainable development. By 2027, the Bank will allocatePLN 2 billion for the sustainable transformation of clients, offeringthem a wide range of solutions and advice in this area.

Attachment:Bankfor Global Business - 2025-2027 Strategic Directions.