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Investor Presentaiton

mBank Group in a snapshot General description Set up in 1986, mBank is Poland's fifth largest universal banking group in terms of total assets and it keeps the fifth position by net loans and deposits at the end of June 2022. Servicing 4.55 million retail clients and 32.7 thousand corporate clients in Poland and more than 1.04 million retail clients in Czech Republic and Slovakia. The offer includes retail, SME, corporate and investment banking as well as other financial services such as leasing, factoring, commercial real estate financing, brokerage, wealth management, distribution of insurance, corporate finance and advisory in the scope of capital markets. Profitable and efficient business model, operating with C/I ratio at 43.0% in H1 2022. Well-capitalized bank with a strong funding profile and balanced business mix between retail and corporate segments. Attractive client base supporting market share development. Rated 'BBB' by Standard & Poor's and 'BBB-' by Fitch. Listed on the Warsaw Stock Exchange since 1992, a member of WIG20, WIG30, WIG, WIG-Banki, WIG-ESG, WIG-Poland index. A strategic shareholder, Germany's Commerzbank, owns 69.21% of mBank's shares. In line with its ESG strategy, mBank Group intends to conduct the business in accordance with the principles of sustainable development (we want to educate, take care of the climate and the environment and promote prosperity). Sustainalytics ESG Risk Rating -,,BBB" Key financial mBank Group data (PLN mn) Total income Net profit Cost/Income ratio Total Assets 2018 145,781 Net loans 94.766 2019 158,353 104,980 2020 2021 178,872 199,539 108,567 118,055 2021 HỒ 2022 HỒ 198,471 204,397 116,241 126,257 Deposits 102,009 116,661 Equity 15,171 16,153 137,699 16,675 159,935 156,584 164,014 13,718 16,694 13.378 5,080 5,524 5,867 6,111 2,982 4,333 1,303 1,010 104 (1,179) 426 742 42.6% 42.2% 41.1% 40,2% 41,8% 43.0% 0.78% 0.79% 1.19% 0,76% 0,70% 0.76% Return on Equity (ROE) (net) 9.4% 6.6% 0.6% (7.2%) 5.1% 10.9% Tier 1 ratio 17.5% 16.5% 17.0% 14.2% 15.2% 13.9% Total Capital 20.7% 19.5% 19.9% 16.6% 17.6% 16.4% Ratio NPL ratio 4.8% 4.5% 4.8% 3.9% 4.4% 3.8% 62.5% 60.7% 58.3% 53.1% 58.3% 54.6% Cost of risk NPL coverage ratio Main product lines RETAIL BANKING Modern financial services for: Mass market, CORPORATE AND FINANCIAL MARKETS Fully fledged offering: Corporate banking Transactional banking Investment banking • • . • • Affluent Private banking clients Entrepreneurs Brokerage Poland Czech Republic and Slovakia • Leasing Factoring Clients 5,586 k Clients 32.7 k Covered Bonds Investor Presentation Source: mBank Group Consolidated Financial Statements 2022 H1 4
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