Current Report no. 29 (2025)

Closing of the subscription for senior non-preferred notes with a total nominal value of EUR 500,000,000 issued under the EMTN Programme.

The Management Board of Santander Bank Polska S.A. (the "Bank") hereby announces that on 30 September 2025, the Bank closed the subscription for senior non-preferred notes with a total nominal value of EUR 500,000,000 under the Euro Medium Term Note Programme (the "EMTN Programme").

The notes are issued under the EMTN Programme pursuant to the Base Prospectus dated 29 August 2025. The issue will be settled on 7 October 2025.

Due to the intention to introduce these notes to trading on the regulated market in Dublin, the Management Board of the Bank hereby provides the following information:

1. Subscription opening date: 30 September 2025;
2. Subscription closing date: 30 September 2025;
3. Notes allocation date: 30 September 2025;
4. The number of notes covered by the subscription: 5,000 notes;
5. Reduction rate in specific tranches, if at least in one of the tranches the number of allocated notes was lower than the number of subscribed notes: the notes are to be issued in a single tranche with the reduction rate of: 72.04%;
6. The number of notes subscribed: 17,882 notes;
7. The number of notes which were allocated within the subscription: 5,000 notes;
8. The price of acquisition of the notes: 99.815 % of the principal amount;
9. The margin determining the interest rate for the notes was set at 115 bps;
10. The notes were issued with a 6-year tenor, callable after 5 years from the issuance date;
11. The number of persons who subscribed for the notes in particular tranches: 115 persons;
12. The number of persons to whom the notes were allocated within the subscription in particular tranches: 98 persons;
13. The name of underwriters who acquired the notes under underwriting agreements, with an indication of the number of securities which they subscribed for, together with the actual unit price per security, being the issue price, after deduction of the consideration for subscribing the security, acquired by the underwriter, in the performance of the underwriting agreement: not applicable;
14. The aggregate nominal amount of the subscription, i.e. the product of the number of notes under the offering and the issue price: EUR 499,075,000 (in words: four hundred ninety-nine million seventy-five thousand euro) is equal to PLN 2,130,650,990 according to average NBP exchange rate as of 30 September 2025;
15. The total costs which were included in the issuance costs: the Bank will disclose such information in an updated current report after it has received and approved all the invoices connected with the issuance;
16. The average cost of subscription per one subscribed note: the Bank will disclose such information in an updated current report after it has received and approved all the invoices connected with the issuance;
17. The way of payment for notes to be acquired: the payment will be made to the Bank's account.

Legal basis:
Paragraph 17.1 of the Regulation of the Minister of Finance of 6 June 2025 on the current and periodic information published by issuers of securities and the conditions for considering as equivalent the information required by law of a non-member state.

19:00, 30 Sep 2025