Estimated level of provisions against legal risk related to FX mortgage loans portfolio in the 2nd quarter of 2025.

The Management Board of Bank Millennium S.A. (‘the Bank’) informs that the estimated level of 2nd quarter 2025 provisions for legal risk connected with FX mortgage loans originated by the Bank amounts to PLN 509 million. Additionally, PLN 64 million worth of provisions (without P&L impact) are estimated to be created against legal risk related to the loan book originated by former Euro Bank S.A.

Final value of legal risk provisions in the 2nd quarter 2025 and financial results will be disclosed in the financial statements for 1st half 2025 due to be announced on July 29, 2025.

Despite higher level of provisions for legal risk versus previous quarter, the combination of business and other financial results imply a level of net profit of the Bank / Group above the reported in the preceding quarter, assuming no extraordinary events until the release date.

Legal basis: art. 17 section 1 MAR