Current Report |

Drafted on:

24.09.2018

Current report No

44/2018

Abbreviated issuer&rsquo|s name

mBank

Contents: |

The Management Board of mBank S.A. (&ldquo|the Bank&rdquo|) announces that under a resolution of the Bank's Supervisory Board of 24 September 2018, Mr Gurjinder Singh Johal was appointed as the member of the Supervisory Board of mBank S.A., as of 24 September 2018, until the end of the current term of the Supervisory Board.

Mr Gurjinder Singh Johal has graduated from University of East London (UEL), Business &| Finance faculty and Said Business School, managerial studies. He started his career at Standard Bank London in 1995 before moving to Commerzbank in 2007. He initially assumed responsibility of the Emerging Markets &| Credit Derivatives segment, from 2011 he headed the Global Credit Trading desk. Since 2016 Gurjinder Singh Johal has been divisional board member and head of Group Market Risk Management at Commerzbank AG.

To the best of the Management Board&rsquo|s knowledge, Mr Gurjinder Singh Johal is not involved in any activities which compete with those carried out by the Bank.

In accordance with the criteria applied by the Bank, Mr Gurjinder Singh Johal is not an independent member of the Supervisory Board of the Bank. Mr Gurjinder Singh Johal has no records in the Register of Insolvent Debtors maintained under the National Court Register Act.

President of the Management Board

Cezary Stypułkowski 24.09.2018