Resolution of the Supervisory Board concerning the „Capital Management Strategy of mBank Group” regarding change of the Dividend Policy
Contents:
"3. INFORMATION ABOUT THE ENTITY
4. SIGNATURE OF PERSONS REPRESENTING THE COMPANY
| POLISH FINANCIAL SUPERVISION AUTHORITY | ||||||||||||
| REPORT No | 46 | / | 2024 | |||||||||
| Date of issue: | 2024-07-25 | |||||||||||
| Short name of the issuer | ||||||||||||
| mBank S.A. | ||||||||||||
| Subject | ||||||||||||
| Resolution of the Supervisory Board concerning the „Capital Management Strategy of mBank Group” regarding change of the Dividend Policy | ||||||||||||
| Official market - legal basis | ||||||||||||
| Art. 17 ust. 1 MAR - informacje poufne. | ||||||||||||
| Contents of the report: | ||||||||||||
| Resolution of the Supervisory Board concerning the „Capital Management Strategy of mBank Group” regarding change of the Dividend Policy The Management Board of mBank S.A. ("Bank") informs that on July 25th 2024 the Supervisory Board approved the updated „Capital management strategy of mBank Group”. It assumes that no dividend will be paid out from the profit earned by the mBank S.A. in 2024. mBank plans to use retained capital for growth of loan volumes, while maintaining capital buffers above regulatory requirements and in line with the Bank's strategy. The long-term strategy of mBank for subsequent years assumes dividend pay-out at the level of 50%. This decision follows the Management Board resolution dated on July 24th 2024, about which the Bank informed in the current report no. 44 / 2024 published on July 24th 2024. | ||||||||||||
INFORMATION ABOUT THE ENTITY >|>|>|
| SIGNATURE OF PERSONS REPRESENTING THE COMPANY | |||||
| Date | Name | Position / Function | Signature | ||
| 2024-07-25 | Pascal Ruhland | Wiceprezes Zarządu | |||
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