ALIOR BANK : Closing of the placement of the P2A series bonds – supplement to the current report no. 78/2017 of 30 November 2017

Closing of the placement of the P2A series bonds - supplement to the current report no.

78/2017 of 30 November 2017

Company: Alior Bank S.A.

Current report no.: 8/2018

Date: February 20th, 2018

Legal basis: Article 56 Section 1 item 2 of the Public Offering Act - current and periodic information

Contents of the report: The Management Board of Alior Bank S.A. (the "Bank"), in order to supplement the current report no. 78/2017 of 30 November 2017, hereby publishes the amount of the costs related to conducting the placement of the series P2A bonds.

The total costs that were recognized as the costs of the issuance, broken down by cost types, including at least the following cost items:

a) Arrangement and implementation of the offering

The cost of arranging and implementing of the offering of the series P2A bonds amounted to PLN 39.8 thousand.

b) Fees charged by individual underwriters

Not applicable. No underwriters were involved in connection with the offering of the P2A series bonds. c) Preparation of a Prospectus, including the costs of advisory services

The total costs of preparing the prospectus covering the series P2A bonds, including the costs of advisory services, amounted to PLN 136 thousand.

d) Promotion of the offering

The cost of promoting the offering of the P2A series bonds amounted to PLN 40.1 thousand.

The total expenses mentioned above incurred in connection with the placement of the P2A series bonds amounted to PLN 215.8 thousand. The total costs were lower than those anticipated in the final terms of the P2A series bonds offering due to the Oversubscription Day occurred within the meaning of item IV.5.1.4 of a Prospectus for the Second Public Bonds Issuance Programme of the Bank on the first day of subscription for P2A series bonds.

Methods of accounting for such costs and their recognition in the issuer's financial statement:

Expenses related to the preparation of the bond issuance programme and a prospectus and other expenses incurred in connection with the offering of the bonds were recognized as a one-time cost in the profit and loss statement.

The average cost of the implementation of the placement or sale attributable to one security covered by the placement or sale:

The average cost of the subscription attributable to one security covered by the subscription, calculated as the quotient of: (i) the total costs of issuing the P2A series bonds and (ii) the aggregate number of the P2A series bonds, amounted to ca. PLN 575.57.

Legal basis:

§33 Section 1 of the Ordinance of the Minister of Finance of 19 February 2009 on current and periodic information provided by issuers of securities and on conditions under which information required by legal regulations of a non-member state may be recognized as equivalent.