Current Report no. 16 (2022)

29 june 2022

Impact of costs arising from legal risk attached to the FX mortgage loans portfolio on the financial performance of Santander Bank Polska Group in Q2 2022.

The Management Board of Santander Bank Polska S.A. ("Bank") hereby informs that in connection with the decisions made on 29 June 2022 by the Bank and by Santander Consumer Bank S.A ("SCB"), a subsidiary of the Bank, the impact of costs arising from legal risk attached to the FX mortgage loans portfolio on the consolidated pre-tax profit for Q2 2022 will be PLN 767m, of which PLN 642m for the Bank and PLN 125m for SCB.

Detailed information in this respect will be disclosed in the financial report for the H1 2022.

Legal basis:
Article 17(1) of the Market Abuse Regulation.