Current Report 

Drafted on:

27.02.2019

Current report No

09/2019

Abbreviated issuer’s name

mBank

Contents: 

The Management Board of mBank S.A. (“Bank”) announces that on 27 February 2019 the Management Board adopted a resolution on providing the Ordinary General Meeting with motions regarding division of the 2018 profit in the following manner:

The net profit earned by mBank S.A. in 2018, amounting to PLN 1,317,484,333.94 shall be allocated: in the amount of PLN 248,157,618.16 to the losses from previous years.

The remaining part of profit in the amount of PLN 1,069,326,715.78 is left undivided.

The motion regarding distribution of profit does not envisage payment of dividend.

The resolution of the Management Board of the Bank on the submission of the motion concerning the distribution of the net profit generated in 2018 for consideration of the Annual General Meeting of the Bank was submitted for evaluation to the Supervisory Board pursuant to Article 382 § 3 of the Code of Commercial Companies.

The Supervisory Board shall assess the proposal of the Management Board concerning division of the 2018 profit on 1 March 2019 at the latest. The Bank shall inform about the result of the assessment in a separate report.

President of the Management Board

Cezary Stypułkowski 27.02.2019