Current Report no. 26 (2022)

Impact of the change in the estimated costs arising from legal risk attached to the FX mortgage loans portfolio on the financial performance of Santander Bank Polska Group for Q4 2022.

The Management Board of Santander Bank Polska S.A. ("Bank") hereby advises that the impact of the decisions made on 19 December 2022 by the Bank and by Santander Consumer Bank S.A ("SCB"), a subsidiary of the Bank, on changing the estimated costs arising from legal risk attached to the FX mortgage loans portfolio on the consolidated pre-tax profit for Q4 2022 will be PLN 632m, of which PLN 495m for the Bank and PLN 137m for SCB.

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

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

16:11 19 Dec 2022