Investor Presentaiton

mBank Group's unique story of successful organic growth Number of retail customers (thou.) Retail loans: PLN 63.07B Retail deposits: PLN 89.82B Brief history 1986 mBank CZSK Poland +3% 5,342 Favourable demographics of customer base: 5,051 5,685 924 5,670 5,539 1999 979 905 945 869 ca. 50% of retail clients are under the age of 35 and are expected to reach their highest personal income levels in the future, 2000 4,182 4,437 4,761 4,590 4,691 mBank's mortgage clients 2001 predominantly live in urban areas and large cities of more than 100 thou. residents 2016 2017 2018 2019 2020 H1 2007 Founding of Bank Rozwoju Eksportu (Export Development Bank) as a joint-stock company RHEINHYP-BRE Bank Hipoteczny SA setup (later mBank Hipoteczny) as a joint venture of BRE Bank S.A. and RHEINHYP Rheinische Hypothekenbank AG. Bank starts operations in the retail banking segment, launching, in just 100 days, mBank the first Internet Bank in Poland - Bank launches its second retail arm, MultiBank bank aimed at servicing demanding and affluent clients Foreign expansion of bank's retail operations, first outlets in the Czech Republic and Slovakia Number of corporate customers (thou.) 2012 Corporate loans: PLN 29.28B Corporate deposits: PLN 45.65B +7% 22,048 20,940 26,476 23,706 2,319 2,193 27,725 2,384 2013 The announcement of "One Bank" Strategy for 2012- 2016; the establishment of Euro Medium Term Note Programme (EMTN) Launch of New mBank transactional platform; rebranding of the Group under mBank name Corporate customers split: 2,093 8,553 2,123 8,211 K1 annual sales 7,520 2016 over PLN 500 M and non-banking financial institutions annual sales 6,067 7,088 The announcement of new mBank Group's strategy ("mobile Bank") for 2016-2020 K2 PLN 30 M to PLN 500 M 12,750 12,867 7 13,993 15,946 16,788 2017 K3 annual sales below 30 M 2018 2016 2017 2018 2019 2020 H1 Source: IFRS Consolidated Financial Statements of mBank Group m Establishment of mAccelerator - a fund aimed to invest in FinTech start-ups Launch of e-commerce services via mElements, Strategic partnership with WOŚP mGroup Covered bonds Cover Pool Polish Economy Real Estate Market 5 Legislation

View entire presentation