Bank Millennium S A : Structured deposits in the Bank Millennium’s mobile app

Bank Millennium launched setting-up and managing structured deposits in its mobile application, it also added to the application the option of filling-out the MiFID questionnaire, which allows customers to better assess their knowledge and investment experience.

Additionally the bank revamped the process in the Millenet online system, so that setting-up a structured deposit is just as intuitive and convenient in either channels.

- We are gradually introducing further investment products in mobile banking. We want customers to have even more convenient money management and that they have a wide choice of products also in the mobile app, where they can invest their savings - Halina Karpińska, Director of the Electronic Banking Department at Bank Millennium, said.

- With low interest rates, customers increasingly often reach-out for alternatives to a standard bank deposit. Although more than half of the financial assets of households is still invested in standard bank deposits, in recent months have seen changes have become visible in the saving habits of the Poles, which is reflected in increased inflow to mutual funds. Customers are also increasingly willing to reach for such products as structured deposits, which a potentially higher yield to be expected, involving 100% protection of capital if the product is held until end of the investment. Now with the mobile app they can use then anywhere and anytime - Tomasz Pol, Director of the Retail Banking Marketing Department at Bank Millennium, said.

Structured deposits are products, which combine the features of a term deposit (100% capital protection is valid throughout the life of the product, assuming that the product is held to maturity) and an investments of financial markets (potentially higher yield than in the case of standard interest rates on term deposits). The draw on the opportunities of many markets and are an excellent tool to diversify the savings portfolio. They give access to the domestic and foreign currency, shares, raw materials or commodities.

The interest rate on structured deposits depends on the value of the underlying instrument specified in the terms of the structured deposit, which may be i.a. a currency, raw materials, shares, stock exchange indices.

Performance of recently matured Bank Millennium structured deposits (over the life of the investment i.e. 18 months):

• Structured deposit Stabilny Kurs LI - yield on the deposit was 2,8966%
• Structured deposit Stabilny Kurs L - yield on the deposit was 3,0638%
• Structured deposit Stabilny Kurs XLIX - yield on the deposit was 2,7200%
• Structured deposit Stabilny Kurs XLVIII - yield on the deposit was 3,7540%
• Structured deposit Stabilny Kurs XLVII - yield on the deposit was 4,2032%
• Structured deposit Stabilny Kurs XLVI - yield on the deposit was 4,3432%

The MIFiD questionnaire is a document to be filled-out by customers who want to get investment products. The questionnaire aims to identify financial instruments and products as well as services, which are adequate for the client, considering his knowledge and experience with investing.

Disclaimer

All and any information contained in this release is for information purposes only and does not constitute an offer in the meaning of the Civil Code of 23 April 1964, or a recommendation or an invitation addressed to anyone (or any group of persons whatsoever) to conclude a transaction involving the financial instruments presented herein. In particular, it does not constitute investment, financial, tax, legal or any other advice.

Any investment decision should be taken on the basis of information contained in Insurance Terms and Conditions as well as the Key Information Document (KID), not on the basis of the abbreviated description provided herein. The above documents are available on the Bank's website www.bankmillennium.pl and in the Bank's branches.

Investments in structured products involve various risks; this may be in particular: market risk, credit risk (bankruptcy), liquidity risk, tax risk, legal risk, interest rate risk, risk of product complexity, availability of information from a particular market.

Structured deposits are based on such financial or commodity market indicators, as FX rates, share prices, values of market indices, prices of commodities or baskets of these variables, the evolution of which may determine the final interest rate on the structured deposit. Structured deposits have features different from those of traditional deposits with a fixed or variable interest rate. If investment assumptions are not fulfilled, structured deposits may fail to pay interest.

The terms presented in this release are of indicative nature. Any and all prices and (or) examples of transactions are for illustrative purposes only and do not constitute an offer of concluding a transaction on such terms nor do they indicate that a transaction under such terms is possible. Moreover no calculations of results presented in the table constitute a guarantee of future gains. The actual terms of a transaction on financial products shall be based on market terms determined at the time of its conclusion. Any and all preliminary price quotations as well as analyses contained herein have been prepared on the basis of assumptions and parameters, which reflect the assessment or choice made by the Bank. The Bank gives no guarantee that these quotations or analyses are accurate, complete or reasonable.

The risk of using the information contained in this release, in particular as regards making investment decisions on its basis, shall be borne solely by its recipient.

Money invested in a Structured Deposit is protected by the Bank Guarantee Fund guarantee scheme in keeping with the Act on the Bank Guarantee Fund, Deposit Guarantee Scheme and Resolution of 10 June 2016. According to this Act the amount of money together with other receivables from the Bank, which is protected by the guarantee scheme in zloty, does not jointly exceed the equivalent of EUR 100 000. Money in excess of the above value is not protected by BFG. The value of euro in zloty is calculated with use of the average rate from the day of realisation of the guarantee condition, announced by the National Bank of Poland. In case of a joint account each owner is eligible for a separate guaranteed amount (up to the amount of the guarantee). Detailed information regarding the guarantee is contained in the Key Information Document for depositors, available in the Bank's branches and on the website - www.bankmillennium.pl.