Q3 2022 Financial Performance Review

MKB Changes in the regulatory environment - Q3 2022 Business environment - regulatory changes BANK # Changes 1 2 3 4 5 6 7 00 8 CSOK: The default interest payable in case of subsequent non-fulfilment of CSOK conditions (e.g. having a child) has been maximized at 5%. The amendment also applies to couples who have already participating in CSOK programme. Agricultural loan moratorium: On 31st July 2022 the Drought Emergency Operative Body established by the Government announced a package of actions, comprises 5 items, including a loan moratorium for agricultural businesses. The loan moratorium applies to investment and working capital loans taken out by agricultural businesses and lasts from 1st September 2022 until 31st December 2023. The decree stipulates that the loan and lease contracts of those concerned cannot be cancelled by notice of termination up to 31st December 2023 due to non-fulfilment of principal, interest or fee payment obligations. Drought damage: The Agricultural Széchenyi Card Overdraft Loan granted to agricultural producers affected by the drought until December 31, 2022 can be used with a state interest subsidy of up to 14%, provided that the initial annual interest burden of these loans - taking the interest subsidy into account - is 3%. Home VAT prolongation: The decree on the application of the preferential value added tax rate on newly constructed residential real estates provides that the 5 percent VAT on dwellings remains in effect from 1st January 2023 until 31st December 2024. Energy-intensive SMEs: On September 17, the government adopted the rescue program for energy-intensive small and medium-sized enterprises. The most important parameters of the targeted state program: i. Applies to energy-intensive companies whose energy costs as a proportion of their sales revenue in 2021 reached or exceeded 3%, ii. The program is limited to manufacturing companies, iii. It applies to SMEs; arc. there will be job retention expectations for companies. Mandatory reserve ratio: Amended i. on the level of the mandatory reserve ratio, and ii. NHB decrees on the calculation of the mandatory central bank reserve and the manner in which it is formed and allocated. The Government announced an energy emergency in Hungary and adopted a package of actions (7 items) to protect the utility bill reduction scheme and Hungary's energy supply. The utility bill reduction scheme has been modified from August: the higher - market - rates will be charged for household consumption exceeding the average level. The Government's calculations show that the price increase will leave about three quarters of households unaffected - Changes to the small business specific tax (KATA): The KATA offers small businesses favourable taxation of HUF 50,000 a month - up to an annual income of HUF 18 million. Under the new rules; however, KATA payers can only receive income from private individuals, with the exception of those engaged in passenger transport by taxi. The new KATA rules come into force on 1st September 2022. 15

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