Dear Sirs

In view of the market signals regarding the likely deterioration of the financial standing of the Russian bank VNESHECONOMBANK B. FOR DEVELOPMENT - SWIFT CODE: BFEARUMM, mBank S.A. advises you to pay particular attention to foreign payments made to beneficiaries holding accounts with that bank.

Under the current circumstances, such foreign payments may be:
- delayed by both intermediary banks and a beneficiary's bank,
- returned by intermediary banks or a beneficiary's bank,
- even result in loss of transferred funds.

You are requested to remain cautious about making payments to beneficiaries holding accounts with that bank.

Best regards

Transactional Banking Department