Individual recommendation of the Polish Financial Supervision Authorityregarding dividend policyThe Management Board of mBank S.A.("Bank") informs that on 13 March 2025 it received the recommendationfrom the Polish Financial Supervision Authority ("PFSA") in which thePFSA confirmed that the Bank fulfils the criteria for the payment ofdividend up to 75% of the profit for 2024, however the maximum payoutamount cannot exceed the amount of annual profit reduced by the profitgenerated in 2024 already included in own funds. According to thefinancial statements for 2024 published on 28 February 2025, Bank netprofit for 2024 amounted to PLN 2.236 billion at standalone level andPLN 2.243 billion at the consolidated level. Bank has included in itsown funds the net profit, achieved in the first three quarters of 2024,in the amount of PLN 1.253 billion at standalone level and PLN 1.257billion at consolidated level. PFSA also recommends that Bank shouldlimit the risk occurring in its activity by not conducting any otheractivities, in particular those beyond the scope of current business andoperating activities, which may result in a reduction of own funds,including possible dividend payments from undistributed profits fromprevious years and buybacks or buyouts of own shares, without priorconsultation with the supervisory authority. In current report no 4/2025dated 28 February 2025 Bank informed of the submission to the OrdinaryGeneral Meeting of a proposal for no dividend payout from the profitearned in 2024.