Report No. 26/2023

Date: 2 November 2023

Subject: Admission of mortgage covered bonds with the aggregateprincipal amount of PLN 750,000,000 on the regulated market operated bythe Luxembourg Stock Exchange

Legal basis:

Art. 56.1(2) of the Act on Public Offer - current and periodicinformation; §17.1(2) and (4) of the Ordinance of the Minister ofFinance of 29 March 2018 on current and periodic information provided byissuers of securities and on conditions under which information requiredby legal regulations of a non-member state may be recognized (currentreport).

Content:

The Management Board of PKO Bank Hipoteczny S.A. with its registeredoffice in Warsaw (the "Bank") hereby announces that on 2 November 2023mortgage covered bonds with the parameters set out below issued by theBank under the International Covered Bond Issuance Programme (EMTN) wereadmitted to trading on the regulated market operated by the LuxembourgStock Exchange (Bourse de Luxembourg):

1) aggregate principal amount: PLN 750,000,000 (in words: seven hundredfifty million zlotys),

2) floating coupon of WIBOR 3M + 0.78%, paid quarterly,

3) maturity date: 2 November 2026,

4) principal amount of one covered bond: PLN 500,000 (in words: fivehundred thousand zlotys),

5) number of covered bonds admitted to trading: 1,500 units,

6) series: 11,

7) ISIN code: XS2711876370,

8) admission to trading and listing date: 2 November 2023

The rating agency Moody's Investors Service Espana, S.A. has assigned arating of Aa1 for the issued series of covered bonds.