18.09.2024
Contents:

1. REPORT

3. INFORMATION ABOUT THE ENTITY

4. SIGNATURE OF PERSONS REPRESENTING THE COMPANY

POLISH FINANCIAL SUPERVISION AUTHORITY
REPORT No 49 / 2024
Date of issue: 2024-09-18
Short name of the issuer
mBank S.A.
Subject
Obtaining the corporate approvals required to issue Additional Tier 1 instruments (AT1)
Official market - legal basis
Art. 17 ust. 1 MAR - informacje poufne.
Contents of the report:
Obtaining the corporate approvals required to issue Additional Tier 1 instruments (AT1) mBank S.A. („Bank”) informs that on 18 September 2024 the Supervisory Board adopted a resolution approving the issuance of capital bonds that are to meet the conditions for qualification as Additional Tier 1 instrument, as referred to in Article 27a(1)(a) of the Bonds Act of January 15, 2015 (“Additional Tier 1 Bonds” or “AT1 Bonds”). The AT1 Bonds are bonds without a fixed maturity date, entitling to receive interest for an indefinite period, provided that the Bank may make an early redemption under the terms and conditions. The date of the AT1 Bonds issuance will be subject to market conditions. The interest rate as well as the final total nominal value of the AT1 Bonds, will be determined on the basis of investor interest in the course of book-building process, provided that the final total nominal value will not exceed PLN 1,500,000,000. The face value will be no less than PLN 400,000. The AT1 Bonds will be offered only to qualified investors in a manner that does not require the Bank to: (i) prepare a prospectus referred to in Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC or (ii) publish an information memorandum referred to in Article 38b of the Act of 29 July 2005 Act on public offering, conditions governing the introduction of financial instruments to organized trading, and public companies. In respect of the issuance of AT1 Bonds, it is the Bank's intention to qualify the proceeds from the issue, pursuant to Article 127 (1) and (2) of the Banking Law of August 29, 1997, to own funds as Additional Tier 1 instrument in accordance with Article 52 of Regulation (EU) No. 575/2013 of the European Parliament and of the Council of June 26, 2013 on prudential requirements for credit institutions and amending Regulation (EU) No. 648/2012, after obtaining approval from the Polish Financial Supervision Authority. The Supervisory Board's approval is required in relation with Article 27m of the Bonds Act of January 15, 2015.

INFORMATION ABOUT THE ENTITY    >>>

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2024-09-18 Maciej Mołdawa Wicedyrektor ds. nadzoru inwestycyjnego,
Departament Compliance