CurrentReport No. 28/2025

Subject: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. 5/2025 dated February14, 2025) between July 9, 2025 and July 11, 2025, DMBH purchased thefollowing shares for the account of the Bank:

1) 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) BetweenJuly 9, 2025 and July 11, 2025 DMBH purchased a total of 44,070 sharesfor the account of the Bank. The total value of the transactions was PLN4,867,431.96 (for million eight hundred sixty seven thousand fourhundred thirty one Polish zloty, 96/100).

3) Theaverage unit purchase price was PLN 110.44774132 (one hundred ten Polishzloty, 45/100) per share.

4) Theshares acquired in the transactions referred in item (2) above have thenominal value of PLN 4.00 (four) each, represent0.0337289%of the Bank's share capital and 0.0337289% of the total number ofvotes at the Bank's General Meeting.

5) 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. 5/205 of 14 February 2025.

6) Onthe date of publication this Current Report, the Bank has acquired atotal of379,971 own shares under the ownshares buy-back program, representing 0.2908099% of the Bank's sharecapital and 379,971 of votes at its General Meeting, which represents0.2908099% of the total number of votes at the Bank's General Meeting.

Details regarding the ownshares buy-back transactions discussed in this Current Report areprovided in an attachment hereto.