Current Report no. 31 (2026)

2 july 2026

Planned Change in the Shareholding Structure of Erste Towarzystwo Funduszy Inwestycyjnych S.A., a Subsidiary of Erste Bank Polska S.A.

The Management Board of Erste Bank Polska S.A. (the "Bank") hereby announces that on 2 July 2026, the Bank decided to sell one share in Erste Towarzystwo Funduszy Inwestycyjnych S.A. ("TFI") to an entity from Erste Group Bank AG ("Erste Group") for a price of EUR 2,924 (the "Transaction"), subject to the lack of the Polish Financial Supervision Authority's (Komisja Nadzoru Finansowego) objection regarding the acquisition of TFI's share and obtaining the controlling entity status. Following the completion of the Transaction, the Bank will hold 67,499 TFI shares, representing ca. 49.999% of TFI's share capital and entitling the Bank to exercise ca. 49.999% of the total voting rights at the General Meeting of Shareholders.

As a result of the Bank's integration into the Erste Group, a new investment product distribution model is being implemented with respect to the TFI business. As part of the planned implementation of this model, control over TFI will be taken over by an Erste Group entity specializing in asset management, in order to accelerate TFI's development and further enhance the efficiency of its operations.

The estimated one-off impact only on the consolidated net profit of the Bank Group, based on data as at 31 March 2026, amounts to approximately PLN 540 million and results from the fair value measurement of the remaining TFI shares held by the Bank. The final amount (based on updated data) will be recognized in the consolidated income statement upon completion of the Transaction.

As a result of the planned Transaction, TFI will cease to be a subsidiary, fully consolidated in the Bank's consolidated financial statements and will become an associate, consolidated with equity method.