ALIOR BANK : Summary of the subscription for the series P2A bonds of Alior Bank S.A.

Company: Alior Bank S.A. Current report no.: 78/2017 Date: November 30th, 2017

In reference to current report no 47/2017 of 23 August 2017 on the opening of a Second Public Bonds Issuance Programme of Alior Bank S.A. (the "Programme"), current report no 58/2017 of 13 October 2017 on the approval the prospectus for the Programme (the "Prospectus"), current report no 70/2017 of 9 November 2017 on the determination of the final terms for the offering of series P2A bonds (the "Series P2A Bonds") and current report no 75/2017 of 27 November 2017 on the subscription of all series P2A Bonds, the Management Board of Alior Bank S.A. (the "Bank") hereby announces the summary of the subscription for the Series P2A Bonds.

1. Date of opening and closing of the placement or sale:

   Subscriptions for the Series P2A Bonds were accepted from 27 November 2017 (inclusively) to 28 November 2017 (inclusively).

2. Date of the allotment of the securities:

   The Series P2A Bonds were allotted on 30 November 2017.

3. Number of securities covered by the placement or sale:

   375 Series P2A Bonds.

4. Reduction rate for individual tranches in the event that in any tranche the number of the allotted securities was smaller than the number of securities that were subscribed for:

   The subscription of the Series P2A Bonds was not divided into tranches.

   Due to the provisions of the Prospectus concerning the reduction of subscriptions, including allocation of Series P2A Bonds, according to the size of the subscription and the drawing of Series P2A Bonds, individual investors may be covered by different interest rate reduction. Therefore, it is not possible to determine a representative reduction ratio of all reduced subscription for Series P2A Bonds.

5. Number of securities that were subscribed for under the placement or sale:

   Subscriptions were placed for 1154 Series P2A Bonds.

6. Number of securities that were allotted under the placement or sale:

   Allotted on 30 November 2017 were 375 Series P2A Bonds.

7. Price at which the securities were acquired (subscribed):

   The following table provides information on the price of the Series P2A Bonds subscription:

   Subscription's day	Issue price (PLN)
   27 November 2017	400,000.00
   28 November 2017	400,049.86

8. Number of individuals who subscribed for securities covered by the placement or sale in individual tranches:

   The subscription of the Series P2A Bonds was not divided into tranches. Subscriptions for the Series P2A Bonds were placed by 273 investors.

9. Number of individuals who were allotted securities under the placement or sale in individual tranches:

   The subscription of the Series P2A Bonds was not divided into tranches. The Series P2A Bonds were allotted to 132 investors.

10. Name (business name) of the underwriters that have taken up the securities under underwriting agreements, with a specification of the number of securities they have taken up along with the actual unit price per security (the issue price or the sale price after the deduction of the fees charged for taking up one security in performance of an underwriting agreement):

    Not applicable. The issuance of the Series P2A Bonds was not the subject of an underwriting undertaking.

11. Value of the placement or sale calculated by multiplying the number of securities covered by the offering by the issue price or the sale price:

    The value of the subscription for the Series P2A Bonds was PLN 150,000,000.

    This amount does not reflect the increased issue price for the Series P2A Bonds subscribed for on 27 November 2017. The increase resulted from including interest accrued from the

    commencement of the subscription period on the issue price of the Series P2A Bonds. The interest will be paid to the investors on the first interest payment date.

12. 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; b) fees charged by individual underwriters; c) preparation of a prospectus, including the costs of advisory services; d) promotion of the offering, including the methods of accounting for such costs and their recognition in the issuer's financial statement:

    The Bank will prepare and release to the public a report on the final amount of the costs of the issuance, including the costs as per their titles and the methods of accounting for and recognizing these costs in the financial statements, once it has received and approved all invoices from the entities involved in the work on the arrangement and implementation of the subscription for the Series P2A Bonds.

13. Average cost of the implementation of the placement or sale attributable to one security covered by the placement or sale:

The Bank will release the required information to the public together with the release of information the final costs of the issuance of the Series P2A Bonds.

Legal basis:

§ 33 clause 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

This material is for informational and promotional purposes only and under no circumstances shall constitute an offer or invitation to make an offer, or form the basis for a decision, to invest in the securities of Alior Bank S.A. (the "Company").

The sole legally binding documents containing information about the Company and the public offering of the series P2A bonds (the "Bonds") are the base prospectus drawn up in connection with public offerings and applications for the admission and introduction of the Company's bonds to trading on a regulated market approved by the Polish Financial Supervision Authority on 13 October 2017 (the "Prospectus"), together with all published supplements and update reports, and final terms of the Bonds published on 9 November 2017 (the "Final Terms"). The Prospectus and the Final Terms have been published and are available on the Company's website (www.aliorbank.pl) in the bookmark "Investor Relations/Second Public Bonds Prospectus". Before making any investment decision relating the purchase of the Bonds, and in particular in order to obtain information on the interest borne by the

Bonds, investors should acquaint themselves with the contents of the Prospectus, the Final Terms and all published supplements and update reports to the Prospectus.

This material does not constitute an investment recommendation.

Not for release, publication or distribution, directly or indirectly, in or into the United States of America, Australia, Canada, Japan or any other jurisdiction where to do so could be restricted or prohibited by law.