UNOFFICIAL TRANSLATION16.01.2026 - Report 3/2026: Eventsaffecting the financial result in fourth quarter 2025BankPolska Kasa Opieki Spółka Akcyjna ("theBank")hereby announces that in connection with the increase in income taxrates for banks, which will amount to 30% in 2026, 26% in 2027 and 23%from 2028, in the fourth quarter of 2025 there was a revaluation ofdeferred tax assets and provisions. This change has a positive impact onthe consolidated net financial result for fourth quarter 2025 in anamount about 180 PLN million and a negative impact on the consolidatedother components of comprehensive income as at 31 December 2025 inamount about 20 PLN million. The positive effect of this revaluationstems from the fact that Bank's Group has a net deferred tax asset, soan increase of the tax rates will cause the increase of this asset.Furthermore,the Bank informs that consolidated financial results of the Bank's Groupfor the fourth quarter of 2025 will include increase in provision forlegal risk of CHF-denominated mortgage loans in the amount about 290 PLNmillion (gross amount), resulting mainly from updating expectedfinancial impact of court cases and forecast of future inflow oflawsuits from borrowers.Detailed information on theabove events will be presented in the Separate Financial Statements ofBank Pekao S.A. for the year ended 31st December 2025 and ConsolidatedFinancial Statements of Bank Pekao S.A. Group for the year ended 31stDecember 2025.Legal basis: Art. 17 of (1) MAR - insideinformation