Investor Presentaiton

mBank Group in a snapshot General description Poland's 4th largest universal banking group in terms of total assets as of 2019 Well-capitalised, liquid bank with a strong funding profile Among Poland's most efficient banking platform built on the principles of organic growth ■ A well balanced business mix with leadership positions in both retail and corporate banking segments attracting continued inflows of new clients ■ Credit-rated by Fitch (BBB-/F3) and Standard & Poor's (BBB/A-2) ■ Listed on the Warsaw Stock Exchange since 1992 a member of WIG-20 blue chip index since its inception in 1994 and RESPECT index; Key financial mBank Group data (PLN milion) Equity Total Assets Net loans Deposits 2017 2018 131,424 145,750 84,476 94,723 91,496 102,009 116,661 2019 158,720 2019 H1 2020 H1 152,433 182,943 103,203 100,422 108,773 110,341 139,623 14,292 15,216 16,151 15,681 16,913 Total income Net profit 4,454 5,059 5,524 2,591 2,904 1,092 1,316 1,010 496 0,178 Cost/Income ratio 45.9% 42.8% 42.2% 48.4% 45.0% Cost of risk 0.61% 0.78% 0.79% 0.90% 1.28% Return on Equity 8.3% 9.5% 6.6% 6.6% 2.2% (ROE) (net) Tier 1 ratio 18.3% 17.5% 16.51% 16.7% 16.4% Total Capital Ratio 21.0% NPL ratio 20.7% 19.5% 19.7% 19.3% 5.2% 4.8% 4.5% 4.8% 4.9% NPL coverage ratio 59.2% 62.8% 60.7% 61.3% 58.8% Market shares as of 1H 2020 Key product lines as of 2020 H1 Retail Banking A wide range of modern financial services for mass market, affluent and private banking clients as well as entrepreneurs Poland Czech Republic and Slovakia 5,672 thou. clients ■ Corporates and Financial Markets Fully fledged offering: Corporate banking Transactional banking Investment banking " 7.2% 7.5 % 7.6% 11.4% Brokerage Leasing Factoring 27,725 thou. clients Retail ML (balances) Retail Deposits Corporate Loans Corporate Deposits Source: IFRS Consolidated Financial Statements of mBank Group m mGroup Covered bonds Cover Pool Polish Economy Real Estate Market 4 Legislation

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