Information on the Bank’s capital situation

Getin Noble Bank S.A. (the “Bank”) would like to inform that due to the remarkable appreciation of the Swiss franc exchange rate, which has been recorded since a long time, and unfavourable changes in the market valuations of the treasury securities held by the Bank, according to the estimates made as at 11 October 2021, the value of the Tier 1 capital ratio (at the individual level) decreased to the level of ca. 5.8 % i.e. by ca. 0.2 pp below the level specified in Article 92(1)(b) of the Capital Requirements Regulation.
The Bank would like to note that a decrease in the level of the Tier 1 capital ratio was caused by the above-mentioned external factors and was independent from the conducted operational activity.

The Bank emphasises that it monitors the current economic situation on an ongoing basis and makes decisions aimed to adapt, in the best possible way, its functioning to the constantly changing environment and to ensure the security and safety of all of its stakeholders, in particular its clients. The Bank takes active measures to adapt, in the best possible way, its functioning to the constantly changing environment and warrants that it is implementing all measures necessary to improve capital ratios.

The above calculation was based on the best and most recent knowledge of the Bank.

Legal basis: Article 17(1) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse.