Current Report no. 49 (2023)

Impact of the change in the estimated costs of legal risk attached to the FX mortgage loans portfolio on the financial performance of Santander Bank Polska Group for Q4 2023.

The Management Board of Santander Bank Polska S.A. ("Bank") hereby advises that as a result of the decisions made on 28 December 2023 by the Bank and by Santander Consumer Bank S.A. ("SCB"), a subsidiary of the Bank, the impact of the change in the estimated costs of legal risk attached to the FX mortgage loans portfolio on the consolidated pre-tax profit for Q4 2023 will be PLN 856m, of which PLN 672m for the Bank and PLN 184m for SCB.

Additional information in this respect will be disclosed in the financial report for 2023.

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

14:06, 28 Dec 2023