SANTANDER BANK POLSKA SA (35/2024) Emisja obligacji nieuprzywilejowanych ("senior non-preferred") serii 2/2024

17-09-2024

Current report no. 35/2024

Re. Issuance of senior non-preferred bonds

series 2/2024.

In relation to Current Report 6/2024 of 19

February 2024 the Management Board of Santander Bank Polska S.A.

(_quot;Bank_quot;) hereby reports that on 17 September 2024 it decided to issue

senior non-preferred bonds series 2/2024 ("Bonds") as part of the

programme for the issue of bonds with the following terms and

conditions:

1. The settlement of the issue will take

place on 30 September 2024 (_quot;Issue Date_quot;);

2. The total nominal value of the Bonds will

be up to PLN 1,800,000,000.00;

3. The Bonds will be redeemed on 30

September 2027 (_quot;Maturity Date_quot;) subject to the Bank's right to execute

the call option;

4. The nominal value of one Bond will be PLN

500,000.00;

5. The issue price of the Bonds will be

equal to their nominal value;

6. The Bonds will bear a floating interest

rate equal to the sum of 6M WIBOR and the margin of 1.4% in annual

basis;

7. The Bonds will be issued as liabilities

which can be classified as eligible liabilities as defined in the Act of

10 June 2016 on the Bank Guarantee Fund, deposit guarantee scheme and

resolution;

8. All benefits arising from the Bonds will

be cash benefits;

9. The Bonds will not be secured;

10. The Bank's obligations under the Bonds

will be in category six as described in Article 440 section 2 point 6)

of the Act of 28 February 2003 - Bankruptcy Law;

11. The Bonds will be issued as

dematerialised bearer Bonds and will be registered in the securities

depository kept by Krajowy Depozyt Papierów Wartościowych S.A.;

12. The Bank will apply for the admission of

the Bonds to trading in the Alternative Trading System of the Warsaw

Stock Exchange.

Legal basis:

Article 17(1) of the Market Abuse Regulation.

More information on page: http://biznes.pap.pl/en/reports/espi/all,0,0,0,1

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