Current Report |

Drafted on:

15.09.2021

Current report No

40/2021

Legal basis: |

Article 17 par. 1 of MAR &ndash| confidential information and §|16 Ordinance of the Minister of Finance of 29 March 2018 on current and periodic information provided by the issuers of securities and conditions for recognizing as equivalent information required by the law of a non-EU member state - current information

Contents: |

The Management Board of mBank S.A. with its registered office in Warsaw (&bdquo|Bank&rdquo|) informs about closing of the subscription for senior non-preferred notes (NPS) with a total nominal value of EUR 500 000 000. The issuance of notes is carried out under EMTN Programme dated 11 April 2018 and updated on 25 August 2021. In connection with the intention to introduce the bonds to listing on the regulated market in Luxembourg, in accordance with Art. 60.2 in connection with Art. 56.1.2).a) of the Act on Public Offering, the Management Board of the Bank informs as follows: 1) Subscription opening date: 15 September 2021 Subscription closing date: 15 September 2021 2) Bonds allocation date: 15 September 2021 3) The number of bonds covered by the subscription: 5 000 bonds 4) Reduction rate in specific tranches, if at least in one of the tranches the number of allocated bonds was lower than the number of subscribed bonds: the bonds are to be issued in one tranche with the reduction rate of: 58.37% 5) The number of bonds subscribed: 12 010 bonds 6) The number of bonds which we allocated within the subscription: 5000 bonds 7) The price of acquisition of the bonds: 100% par value, 8) The number of persons which subscribed the bonds in specific tranches: 104 9) The number of persons to whom the bonds were allocated within the subscription in specific tranches: 89 10) The name of underwriters who acquired the bonds under underwriting agreement: not applicable 11) The aggregate nominal amount of subscription, i.e. the product of number of bonds under the offering and the issue price: 500 000 000.00 EUR (in words: five hundred million euros) which is equal to 2 275 100 000.00 PLN according to average NBP exchange rate as of 15 September 2021 12) The total costs which were included in the issuance costs: the Bank will disclose such information in an updated current report after it has received and accepted all the invoices connected with the issuance 13)The average cost of subscription per one subscribed bond: the Bank will disclose such information in an updated current report after it has received and accepted all the invoices connected with the issuance 14)The way of payment for bonds to be acquired: the payment will be made to the Bank&rsquo|s account.

 |

 |

Vice-director for investment supervision, Compliance Department

Maciej Mołdawa 15.09.2021