15.11.2024
Contents:

1. REPORT

3. INFORMATION ABOUT THE ENTITY

4. SIGNATURE OF PERSONS REPRESENTING THE COMPANY

POLISH FINANCIAL SUPERVISION AUTHORITY
REPORT No 57 / 2024
Date of issue: 2024-11-15
Short name of the issuer
mBank S.A.
Subject
Issuance of Additional Tier I bonds with a total nominal value of 1.5 billion PLN
Official market - legal basis
Art. 17 ust. 1 MAR - informacje poufne.
Contents of the report:
Issuance of Additional Tier I bonds with a total nominal value of 1.5 billion PLN In reference to the current report No. 49/2024 of 18 September 2024 regarding obtaining the corporate approvals required to issue Additional Tier 1 instruments (AT1) the Management Board of mBank S.A. (“Bank”) hereby informs that on 15 November 2024 it closed the book-building process for 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 (“AT1 Bonds”). The total nominal value of AT1 Bonds to be issued is PLN 1,500,000,000. The size of the orderbook was PLN 1,758,000,000. The main conditions of the issuance of AT1 Bonds are as follow: 1. Type of bonds: the AT1 Bonds will be issued as capital bonds (obligacje kapitałowe) within the meaning of the Bond Act for the purpose of their qualification as AT1 Instruments into the Issuer’s own funds. The AT1 Bonds are bearer bonds, are not secured or guaranteed; 2. Total number of bonds to be issued: 3,000 (in words: three thousand); 3. The nominal value of one bond: PLN 500,000 (in words: five hundred thousand zloty) 4. The total nominal value of bonds to be issued: PLN 1,500,000,000 (in words: one billion five hundred million zloty); 5. Coupon: Fixed for 5 years, then reset for subsequent 5-year periods based on the sum of: the current PLN Swap 5Y rate and the fixed credit margin of 6.00 percentage points determined during the book-building process. Interests payable semi-annually; 6. Interest rate for the first 5-year period: 10.63% per annum 7. Issue price: nominal value; 8. Currency: Polish zloty; 9. Issue date: 6 December 2024; 10. Maturity Date: The AT1 Bonds are without a fixed maturity date, entitling the holder to receive interest for an indefinite period, provided that the Bank may redeem the AT1 Bonds under the terms specified in the terms and conditions; 11. Trading: AT1 Bonds to be listed on the alternative trading system operated by the Warsaw Stock Exchange S.A. (Giełda Papierów Wartościowych w Warszawie S.A.). AT1 Bonds were assigned 'B+' (EXP) long-term issue rating by Fitch.

INFORMATION ABOUT THE ENTITY    >>>

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2024-11-15 Agata Cymcyk Menadżerka kierująca Wydziałem Nadzoru Inwestycyjnego, Departament Compliance