PFSA’s letter regarding additional capital requirement with reference to Pillar II (P2G)

The Management Board of Bank Millennium S.A. (the “Bank”) hereby informs that in the letter of Polish Financial Supervision Authority (“KNF”) the Bank has received a recommendation according to which the KNF is imposing an additional capital surcharge to absorb potential losses resulting from extreme conditions (P2G).

In particular, on the basis of the 2025 supervisory stress tests carried out by the PFSA, the PFSA set the P2G capital add-ons, before the offsetting of the capital conservation buffer, at 2.63 p.p. at the stand-alone level and 2.53 p.p. at the consolidated level. The total capital charges recommended under Pillar II offset by the capital buffer requirement are 0.13 p.p. at the stand-alone level and 0.03 p.p. at the consolidated level.

At the same time, the Bank informs that, after final reassessment, the values of capital ratios as of September 30, 2025 slightly changed versus the ones reported on the 3rd quarter financial report published on 24th October 2025. TCR stood at 16.69 p.p. at the stand-alone level and 15.91 p.p. at the consolidated level (comparing against previously reported values of 16.75 p.p., and 15.97 p.p. respectively). The Tier1 ratio was 14.91 p.p. at the stand-alone level and 14.29 p.p. at the consolidated level ( comparing against previously reported values of 14.98. p.p. and 14.36 p.p. respectively). The leverage ratio stood at 4.93 p.p. at the stand-alone level and 4.84 p.p. at the consolidated level (comparing against previously reported values of 5.13 p.p. and 5.01 p.p. respectively). MREL trea stood at 25.47 p.p. and MREL tem ratio at 8.56 p.p. (comparing against previously reported values of 25.51 p.p. and 8.83 p.p. respectively).

Legal basis: art. 17 section 1 MAR.