Adoption, by the Bank's Supervisory Board, of a resolution approving the decision of the Bank's Management Board on the issue of Additional Tier I Eurobonds

The Management Board of Bank Millennium S.A. (the “Bank”) hereby announces that on 15 December 2025, the Supervisory Board of the Bank adopted a resolution approving the decision of the Management Board of the Bank to issue Additional Tier I Eurobonds with the principal amount not exceeding 1,500,000,000 PLN (the “Notes”).

The Notes shall be issued as instruments, which are to be classified to the Bank's own funds as additional instruments in the Bank’s Tier I capital in accordance with Article 52 of Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and amending Regulation (EU) No. 648/2012.

The Notes shall be denominated in PLN. The Notes shall be perpetual instruments without a specified maturity date, although the terms and conditions of the Note issue may provide for the possibility of early redemption of the Notes by the Bank. The Notes will bear interest at a periodically fixed rate, which will be determined every five years from the issue date in accordance with the procedure set out in the terms and conditions of the Notes.

Upon the occurrence of a trigger event specified in the terms and conditions of the Notes, the Bank will write down the principal amount of the Notes. The terms and conditions of the Notes will not provide for the option of converting the Notes into shares of the Bank upon the occurrence of a trigger event.

The Bank shall apply for admission of the Notes to trading on the regulated market operated by the Luxembourg Stock Exchange.

The date of the Notes issuance will be subject to market conditions.

The detailed parameters of the Notes shall be determined by a separate resolution of the Management Board following an assessment of investor demand for the Notes.

Legal basis: Art. 17 sec. 1 of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.