In December 2021 Alior Bank and Alior Leasing sp. z o.o. received from the former members of the Alior Leasing sp. z o.o. management board summons to an ad hoc arbitration court. Based on legal opinions, the PZU Group assesses the probability of the dismissed members of Alior Leasing’s Management Board successfully obtaining benefits under the management program through the courts at less than 50%. Therefore, as of 31 December 2022, the PZU Group has not recognized a provision on this account.

Alior Leasing sp. z o.o. has identified the risk of possible claims against Alior Leasing sp. z o.o. filed by third parties, which may result from actions of some employees and associates of Alior Leasing sp. z o.o. As at the date of signing the consolidated financial statements, no claims have been filed on this account. The PZU Group believes that there are no circumstances justifying recognition of a provision on this account.

The PZU Group will not disclose any further information regarding the possible third party claims mentioned above, to avoid theweakening of its status and position in the potential proceedings.