Current Report no. 34 (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 Q3 2023.

The Management Board of Santander Bank Polska S.A. (Bank) hereby advises that the as a result of the decision taken by the Bank on 17 October 2023 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 Q3 2023 will be PLN 294m, of which PLN 280m for the Bank and PLN 14m for Santander Consumer Bank S.A (SCB), a subsidiary of the Bank.

Additional information in this respect will be disclosed in the financial report for the Q3 2023.

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

17:08, 17 Oct 2023