UNOFFICIAL TRANSLATION02.03.2026 - Report 5/2026: A positionof the Polish Financial Supervision Authority regarding dividend policyand recommendations for Bank Pekao S.A.Bank Polska KasaOpieki Spółka Akcyjna (the "Bank") hereby informsthat it received an individual recommendation of the Polish FinancialSupervision Authority (the "PFSA") regarding the Bank'sdividend policy.As at 31 December 2025, in terms of the basiccriteria set out in the PFSA's position of 17 December 2025 on thedividend policy for commercial banks in 2026, and taking into accountthe quality of the Bank's loan portfolio, measured by the share ofnon-performing receivables in the total portfolio of receivables fromthe non-financial sector, including debt instruments, Bank met therequirements qualifying for the payment of dividend up to 75% from theBank's profit generated in the period from 1 January 2025 to 31 December2025.The PFSA recommended the Bank not pay a dividend fromprofit earned in the period from 1 January to 31 December 2025 in theamount higher than 75%, with the maximum payout amount not exceeding theamount of annual profit diminished by profit earned in 2025 alreadyincluded in own funds.In accordance with the PFSA's decision of26 August 2025, the Bank included in its own funds a part of the Bank'snet profit for the first half of 2025 in the amount of PLN810,201,483.43. Additionally, The Bank applied to the PFSA to includethe amount of PLN 920,337,163.35 from the second half of 2025 in theTier I capital.In addition, the PFSA recommended the Bank not totake other actions, in particular those outside the scope of currentbusiness and operating activities, which could result in a reduction ofthe own funds, including possible dividend payments from undistributedprofit from previous years and share buybacks, without priorconsultation with the supervisory authority.The Bank'sManagement Board has not yet made a decision on the proposed profitdistribution for 2025.Legal basis: Art. 17 of (1) MAR - insideinformation