Capital bonds (T2) issuance - Polish Financial Supervision Authorityconsent

current report no. 31/2025

date: 24 November 2025

With reference to the current report no. 27/2025 of 8 October 2025 onCapital bonds T2 issuance, the Management Board of BNP Paribas BankPolska S.A. ("Bank") announces that on 24 November 2025 the Bankreceived the Polish Financial Supervision Authority ("PFSA") decisiondated 21 November 2025 approving qualification of the capital bonds oftotal value of EUR 630,000,000 issued by the Bank on 10 October 2025("Bonds"), as the Bank's Tier 2 capital instruments.

The assumption of the Bank is that the funds obtained from the Bondsissue will replace the funds received by the Bank from subordinatedloans in the amounts of CHF 90,000,000 and PLN 2,300,000,000, which theBank reported in current reports: No. 25/2019 of 13 September 2019 andNo. 38/2020 of 7 December 2020. The first of these loans was subject toprudential amortization (as of 30 September 2025, amortized at 17%) andafter obtaining the PFSA consent it was repaid on 19 November 2025.Amortization of the second one starts on 10 December 2025. The earlyrepayment of this loan, subject to prior consent of the PFSA, is plannedfor the 4th quarter of 2025.

The above mentioned consent as well as early repayments of subordinatedloans will lead to improvement of the consolidated and the stand aloneTCR by 0.04 percentage points (estimation based on figures as of 30September 2025).

The Bank's objective is to maintain the level of Tier 2 capital andimprove the term structure of the instruments comprising it.

More detailed information on the ongoing 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)