* Detailed information are described in Note 56 and in Note 57. nt strengthening of the position of Santander

The following rates were applied to determine the key EUR amounts for selected financial statement items:

·       for balance sheet items – average NBP exchange rate as at 31.12.2020: EUR 1 = PLN 4.6148 and as at 31.12.2019: EUR 1 = PLN 4.2585

·       for profit and loss items – as at 31.12.2020 - the rate is calculated as the average of NBP exchange rates prevailing as at the last day of each month in 2020: EUR 1 = PLN 4.4742; as at 31.12.2019 - the rate is calculated as the average of NBP exchange rates prevailing as at the last day of each month in 2019: EUR 1 = PLN 4.3018

As at 31.12.2020, FX denominated balance sheet positions were converted into PLN in line with the NBP FX table no. 255/A/NBP/2020 dd. 31.12.2020.