Report No. 34/2026

Legal basis:

Paragraph 17 of the Regulation of the Minister of Finance on 6 June 2025 on the current and periodic information published by issuers of securities and the conditions for considering as equivalent the information required by law of a non-member state

the Report:

With regard to the report No. 21/2026, concerning the issue of Tier 2 subordinated notes with a total nominal value of EUR 500,000,000 issued under the EMTN Programme, the Management Board of PKO Bank Polski S.A. (“Bank”) informs as follows:

1. The total costs which were included in the issuance costs of 10 years Tier II notes divided into the following categories:

a) costs of preparing and conducting the offer: PLN 8,026,045.59

b) costs of remuneration of underwriters: N/A,

c) costs of promotion: PLN 4,025.14

d) costs of prospectus and supplement preparation including advisory costs: PLN 257,969.75

Total expenses mentioned above paid for subscriptions of bonds amounted to PLN 8,288,040.49 gross (VAT included).

2. Cost recognition in the accounting records and financial statement of the issuer is as follows:

Expenses related to the preparation and execution of the offering, as well as expenses incurred for legal advisory services, are recognized over time, as appropriate: using the effective interest rate method in interest income over the expected life of the issued bond (part of the costs referred to in point (a) and the costs referred to in points (c) and (d)), or recognized either on a one-off basis or on a straight-line basis in fee and commission income (part of the costs referred to in point (a)).

3. The average cost of subscription per one subscribed bond: PLN 1,657.61.