30.12.2024
Contents:

1. REPORT

3. INFORMATION ABOUT THE ENTITY

4. SIGNATURE OF PERSONS REPRESENTING THE COMPANY

POLISH FINANCIAL SUPERVISION AUTHORITY
REPORT No 63 / 2024
Date of issue: 2024-12-30
Short name of the issuer
mBank S.A.
Subject
Costs of legal risk related to foreign currency loans
Official market - legal basis
Art. 17 ust. 1 MAR - informacje poufne.
Contents of the report:
Costs of legal risk related to foreign currency loans The Management Board of mBank S.A. (“Bank”) informs that in connection with the decision taken on December 30, 2024 by the Bank, the costs of legal risk related to loans indexed to foreign currencies recognized in Q4 2024, amounted to PLN 906,9 million. They result mainly from the update of the forecast of the number of court cases, the inclusion of additional costs related to court proceedings, negative verdicts and the update of other model parameters. The Bank informs that the estimated preliminary net result for Q4 2024 is positive. At the same time, the Bank informs that in Q4 2024, positive results in the core business were continued. mBank Group Tier 1 Capital Ratio and the Total Capital Ratio for Q4 2024 are expected to be considerably higher than the required level, which for mBank Group amount to 9.1% for the Tier 1 Capital Ratio and 11.1% for the Total Capital Ratio. The liquidity ratios significantly exceed the regulatory requirements. The final value of costs of legal risk related to loans indexed to foreign currencies in Q4 2024 and financial results will be disclosed in the form of a current report due to be announced on 6 February 2025.

INFORMATION ABOUT THE ENTITY    >>>

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2024-12-30 Pascal Ruhland Wiceprezes Zarządu