Capital bonds (T2) issuance

current report no. 20/2025

date: 3 June 2025

The Management Board of BNP Paribas Bank Polska S.A. (the "Bank")announces that on 2 June 2025 the BNP Paribas SA with its registeredoffice in Paris accepted the proposal to purchase the capital bondsreferred to in Article 27a of the Bonds Act of 15 January 2015 (the"Bonds") presented by BNP Paribas Bank Polska S.A.

The total nominal value of the Bonds is EUR 160,000,000 and the nominalvalue of one Bond is EUR 100,000. The maturity date of the Bonds is 6June 2040.

The interest rate on Bonds has been determined based on the compoundeddaily STR plus the margin. The interest rate has been established onmarket terms.

The terms and conditions of the Bonds issuance provides for thepossibility of their early redemption by the Bank after 10 years fromthe date of issue after obtaining the relevant consent from the PolishFinancial Supervision Authority ("PFSA").

The Bonds will be qualified to the Bank's own funds as Tier 2instruments after obtaining the relevant consent from the PFSA.

The assumption of the Bank is that the funds obtained from the Bondissue will replace the funds received by the Bank from subordinatedloans in the amounts of EUR 60,000,000, CHF 60,000,000 and EUR40,000,000 which are subjest to prudential amortization, which the Bankreported in current reports: RB 24/2017 of 20 November 2017 and RB76/2018 of 10 December 2018. The early repayment of these loans, subjectto prior consent of the PFSA, is planned for the 3rd quarter of 2025.

More detailed information on the current management of the capitalposition is published in the periodic reports of the BNP Paribas BankPolska S.A. Group.

Legal basis

Article 17 (1) of the Market Abuse Regulation (MAR)