Subject: Update of current report No 26/2026 of 22 April 2026 – summary of the costs of the issue of covered bonds with the value of EUR 500,000,000 under the International Covered Bond Programme of PKO Bank Hipoteczny S.A.
Legal basis: Art. 56.1.2 Act on public offer; § 17 of the Ordinance of the Minister of Finance of 6 June 2025 on current and periodic information provided by issuers of securities and on conditions under which information required by legal regulations of a non-member state may be recognized (current report).
Content:
In addition to current report No. 26/2026 of 22 April 2026, in the scope of items 12 and 13, the Management Board of PKO Bank Hipoteczny S.A. with its registered office in Warsaw provides information about:
1. The total costs which were included in the issuance costs divided into the following categories:
a) costs of preparing and conducting the offer: PLN 3 490 716.90,
b) costs of remuneration of the underwriters (subemitenci): N/A,
c) costs of prospectus preparation including advisory costs: the cost applies to all offers of covered bonds carried out under the International Covered Bond Programme and is not allocated to individual issues,
d) costs of promotion: PLN 0,0.
Total expenses mentioned above paid for subscriptions of bonds amounted to PLN 3 490 716.90 gross (VAT included).
Methods of settling costs in accounting books and the manner of their recognition in the issuer's financial statements: costs included in the costs of issue of a given series of covered bonds are included in the valuation at the amortized cost of the financial instrument and then are settled in the maturity period of the given issue in interest costs using an effective interest rate.
2. The average cost of subscription per one subscribed covered bond: PLN 698.14.
The costs were rounded to two decimal places.
SIGNATURES OF COMPANY REPRESENTATIVES
Katarzyna Kurkowska-Szczechowicz, Vice President directing the work of the Management Board
Piotr Kochanek, Vice President of the Management Board