Legal basis:

Article 17.1 MAR Regulation


the Report:

The Management Board of PKO Bank Polski S.A. (“Bank”) informs that following the decision taken by the Bank, the costs of legal risk connected with indexed and denominated CHF mortgage loans recognized in 4th quarter 2022 amounted to PLN 738 million. Decision was driven by a change in the parameters of the legal risk assessment model for CHF mortgage loans as a result of changes in the market environment. The Bank also recognized a deferred tax asset in the amount of PLN 301 million, which results from the settlement program addressed to the borrowers with indexed and denominated CHF mortgage loans.