Rating action taken by Fitch Ratings

current report no. 25/2025

date: 10 September 2025

The Management Board of BNP Paribas Bank Polska S.A. ("Bank") herebyinforms that on 10 September 2025, the rating agency Fitch Ratings("Fitch", "Agency") has revised the outlook on the Bank's Long-TermIssuer Default Rating (IDR) to Negative from Stable and affirmed theLong-Term IDR and Shareholder Support Rating (SSR) at "A+" and "a+",respectively.

The revision of the Bank's outlook follows a similar rating action onPoland's "A-" Long-Term IDR i.e. change of outlook from Stable toNegative. The Bank's ratings are constrained at two notches above thePolish sovereign rating ("A-/Negative"), due to country riskconsiderations which, according to the Agency, might constrain theBank's ability to access parent support in case of stress.

A full list of rating actions according to the Fitch's press release ispresented below:

- Long-Term Issuer Default Rating (LT IDR) has been affirmed at thelevel of "A+", with a Negative Outlook,

- Short-Term Issuer Default Rating (ST IDR) has been affirmed at thelevel of "F1",

- National Long-Term Rating (Natl LT) has been affirmed at the level of"AAA(pol)", with a Stable Outlook,

- National Short-Term Rating (Natl ST) has been affirmed at the level of"F1+(pol)",

- Viability Rating (VR) unaffected by this rating action, i.e. is at thelevel of "bbb-",

- Shareholder Support Rating (SSR) has been affirmed at the level of"a+".

The original text of Fitch Ratings press release is available on theAgency website.

Legal basis

Article 17 item 1 of the MAR Regulation