PFSA’s letter regarding additional capital requirement with reference to Pillar II (P2G).

The Management Board of Bank Millennium S.A. (“the Bank”), hereby informs that it received a letter from Polish Financial Supervision Authority („PFSA”) about non-imposing of additional capital add-on (P2G).

In the supervisory assessment process, the Bank's sensitivity to the possible materialisation of stress scenarios affecting the level of own funds and risk exposure was assessed as low.

In particular, on the basis of the 2024 supervisory stress tests carried out by the PFSA, the PFSA set the P2G capital add-ons, before the offsetting of the capital conservation buffer, at 0.17 p.p. at the stand-alone level and 0.28 p.p. at the consolidated level. The total capital charges recommended under Pillar II offset by the capital buffer requirement are 0.00 p.p. at the stand-alone level and 0.00 p.p. at the consolidated level.

Legal basis: art. 17 section 1 MAR