Current Report no. 40 (2024)

Information regarding Pillar 2 (P2G) add-on.

The Management Board of Santander Bank Polska S.A. ("Bank") hereby advises that on 17 December 2024 it received a letter from the Polish Financial Supervision Authority ("PFSA") whereby the KNF informs in the supervisory assessment process the Bank's sensitivity to the possible materialization of stress scenarios affecting the level of own funds and risk exposure was assessed as low. The total capital add-on recommended under Pillar 2 offset by the capital conservation buffer is 0.00 p.p. at the standalone level and 0.00 p.p. at the consolidated level, therefore the PFSA doesn't determine an additional capital add-on to absorb potential losses that may arise from stress conditions.

Legal basis:
Article 17 (1) of Market Abuse Regulation - inside information.

14:35, 17 Dec 2024