December 17, 2024

Current Report No. 32/2024

Subject: PFSA's letter regarding additional capital requirement withreference to Pillar II [P2G].

The Management Board of Bank Millennium S.A. [the Bank], hereby informsthat it received a letter from Polish Financial Supervision Authority[PFSA] about non-imposing of additional capital add-on [P2G].

In the supervisory assessment process, the Bank's sensitivity to thepossible materialisation of stress scenarios affecting the level of ownfunds and risk exposure was assessed as low.

In particular, on the basis of the 2024 supervisory stress tests carriedout by the PFSA, the PFSA set the P2G capital add-ons, before theoffsetting of the capital conservation buffer, at 0.17 p.p. at thestand-alone level and 0.28 p.p. at the consolidated level. The totalcapital charges recommended under Pillar II offset by the capital bufferrequirement are 0.00 p.p. at the stand-alone level and 0.00 p.p. at theconsolidated level.

Legal basis: art. 17 section 1 MAR