ALIOR BANK : Approval of the prospectus for the Second Public Bonds Issuance Programme of Alior Bank S.A.

Company: Alior Bank S.A. Current report No.: 58/2017 Date: October 13th, 2017

In reference to the current report no 47/2017 of August 23rd 2017 on the opening of the Second Public Bonds Issuance Programme of Alior Bank S.A., the Management Board of Alior Bank S.A. (the "Bank") hereby announces that on October 13th, 2017 the Polish Financial Supervision Authority approved the Banks' prospectus that has been drawn up in connection with:

1. public offerings on the territory of the Republic of Poland of up to 12,000,000 unsecured bearer bonds with a nominal value of PLN 100 each (the "Bonds") to be issued under Second Public Bonds Issuance Programme of Alior Bank S.A. with the nominal value up to PLN 1,200,000,000; and

2. intention to apply for admission and introduction of the Bonds to trading on the regulated market operated by the Warsaw Stock Exchange within the Catalyst system (the "Prospectus").

On the basis of the Prospectus, the Bank may issue both ordinary and subordinated bonds. The Management Board of the Bank will determine the terms and conditions for the issue of particular series of subordinated bonds issued under the Prospectus in such a way that:

• the total nominal value of all subordinated bonds issued under the Prospectus did not exceed PLN 600,000,000; and

• the nominal value of subordinated bonds was equal to PLN 100,000.

The prospectus will be published on October 16th, 2017 on the website of the Bank under the link www.aliorbank.pl in the "Investor Relations / Second Public Bonds Issuance Programme".