OTP Bank : Extraordinary General Meeting Announcement of OTP Bank Plc.

Reference number: IR-123/2021 14 September 2021

Extraordinary General Meeting Announcement of OTP Bank Plc.

The Board of Directors of OTP Bank Plc. (registered office: H-1051 Budapest, Nádor utca 16., registered with the Company Court of the Metropolitan Court of Budapest under number 01-10-041585; ISIN: HU0000061726) notifies its shareholders that its extraordinary General Meeting (hereinafter referred to as: General Meeting) will be held on 15 October 2021 (Friday) at 12:00 a.m. at the Kempinski Hotel

Corvinus Budapest (1051 Budapest, Erzsébet tér 7-8.).

Pursuant to Section 3 (1) of the Government Decree no. 502/2020 (XI. 16.) on the re-introduction of various provisions on the operation of personal and property pooling organizations in the event of a State of Danger ("Government Decree") - subject to the Act I of 2021 on the prevention of the coronavirus pandemic -, the publication of this invitation and the holding of the General Meeting will take place in accordance with the general rules, in the traditional way, with the personal participation of the shareholders. If, as a result of a possible amendment to the applicable legal regulations, the General Meeting could not be held in person, the Company will notify its Shareholders thereof through adequate announcements. Pursuant to Section 3:272 (1) of the Civil Code, the Company hereby publishes the invitation to the General Meeting at least thirty days before the starting date of the General Meeting.

In view of the pandemic situation, the Company proposes to attend the General Meeting via proxy instead of in person.

1. Agenda of the General Meeting:
2. 1. Authorization for the Board of Directors to sell the (own) shares owned by OTP Bank Plc. to the Special Employee Co-Ownership Program to be created by the employees of the OTP Bank Plc.
   2. Decision on providing support to the Special Employee Co-Ownership Program to be created by the employees of the OTP Bank Plc.

Shareholders representing at least 1% of the votes - observing the rules on the level of detail of the agenda - may request, in writing, that the Board of Directors include a particular issue in the agenda of the convened General Meeting. This right may be exercised by the minority shareholders within eight days following the publication of the General Meeting Announcement. The Board of Directors must include the motion in the agenda of the General Meeting and publish it within eight days in accordance with Article 15 of the Articles of Association.

1. Preconditions for participation in the General Meeting and for the exercising of voting rights are that:
2. 1. the result of the shareholder identification procedure confirms the shareholding as at the date of the shareholder identification procedure;
   2. the shareholder be registered in the Company's Share Register by the closure of the register as specified in section III of this announcement;
   3. the shareholding and/or the voting rights of the shareholder do not violate the legal regulations or the provisions of the Company's Articles of Association, and the Company shall check this circumstance.

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1. The Company asks KELER Central Depository Private Company Limited by Shares (hereinafter: KELER Ltd.) to perform shareholder identification for the date of the General Meeting (including any Reconvened General Meeting), as a corporate event. The date of the shareholder identification (record date) is 08 October 2021 (Friday). The rules pertaining to the shareholder identification process are set out in the latest effective regulations of KELER Ltd.

The Company, at 18:00 Budapest time on the second working day before the General Meeting (or Reconvened General Meeting), shall delete all the data in the Share Register, and concurrently with this it shall register the results of the shareholder identification process in the Share Register, and shall close it with the results of the shareholder identification. After this any entry related to a shareholder's shareholding may only be made, at the earliest, on the working day following the closure of the General Meeting or following the day of the non-quorate General Meeting.

Only persons whose names are registered in the Share Register at the time of its closure are entitled to exercise shareholder rights at the General Meeting (including any Reconvened General Meeting). The closure of the Share Register will not limit the right of any person registered in the Share Register in respect of the transfer of his/her shares following the closure of the Share Register. Any transfer of shares prior to the initial day of the General Meeting shall not preclude the right of a person registered in the Share Register to participate in the General Meeting and to exercise the rights to which he/she is entitled as a shareholder.

The Company, based on Subparagraph (3) of Paragraph 153 of Act CXX of 2001 on the Capital Market, draws the attention of the institutions to be registered as shareholder proxies in the Share Register to the fact that by 16:00 Budapest time on the second working day prior to the day of the General Meeting at the latest, they must indicate the shareholders represented by

them, by stating the name/company name, address/registered office and the number of shares held. Any shareholder proxy who does not fulfil these requirements by the specified deadline may not exercise voting rights at the General Meeting under the law.

IV. The General Meeting will be conducted with the personal presence of those entitled to

participate. Shareholders may participate in the General Meeting in person or through a proxy. OTP Bank Plc. is entitled to check the personal identity of the shareholders and their proxies on the basis of documents, prior to their admission to the General Meeting.

The authorisations relating to representation as a proxy at the General Meeting must comply with the relevant provisions of Hungarian law. The authorisation must include, clearly and expressly, a statement of authorisation with respect to the proxy, a specification of the authoriser and of the proxy, and any limitations that may apply to the authorisation. The authorisation must be issued in the form of a notarised deed or a private document of full probative force.

One representative may represent several shareholders; however, he/she must possess authorisations from every shareholder represented by him/her, either in the form of a notarised deed or a private document of full probative force. If several proxies are indicated in one authorisation, then it must be specified that, under the authorisation, each proxy may exercise his/her right of representation independently. If one shareholder is represented by several proxies, they may not vote or make statements differently from each other.

The letter of proxy may be issued as valid for one general meeting, or for a specified period, but for a maximum of twelve months. The letter of proxy - in the absence of a provision to the contrary - shall extend to a general meeting convened to continue a suspended general meeting, or a general meeting that has been reconvened due to lack of quorum.

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If a shareholder is represented at the General Meeting by its lawful representative (e.g. chief executive, managing director, mayor, etc.), the court or company court document evidencing the right of representation - in its original form, or in the form of a copy certified as authentic by a notary public, issued not more than 30 days previously - or a certificate regarding the election of the mayor, as the case may be, must be presented at the venue of the General Meeting. When providing evidence of the existence of companies (and other organisations) registered abroad, and of the right to represent the entity issuing the authorisation, it is essential that the foreign document be issued by a certified public records body or that these facts be attested by a notary public.

If the authorisation or any document submitted as evidence of the representation right was not issued in Hungary, the form of the document must satisfy the legal regulations pertaining to the certification and/or legalisation of documents issued abroad. According to these regulations, in the absence of a bilateral international agreement to the contrary, (i) the diplomatic certification and/or legalisation of the document is needed, or (ii) - if the given country is a party to the relevant international convention - the furnishing of the document with an apostille is required. According to the Subparagraph (7) of Paragraph 44 of Act LXXVIII. of 2017 on the Activity of attorney at law, diplomatic certification and / or legalisation or apostille certification is not required for full probative force of a document countersigned by an attorney which is under the scope of this Act, but signed by the parties abroad. Detailed information on the applicable rules is provided by the Hungarian foreign representation offices. If the document is written in a language other than English or Hungarian, then a certified Hungarian translation of the document must be presented.

The authorisation and the related documents must be handed over by 14:00 Budapest time on 12 October 2021 (Tuesday) at the very latest, at any of the designated OTP branches listed under section X below, or − if the proxy, based on a foreign document, is representing more than one shareholder - at the Legal Directorate of OTP Bank Plc. (H-1051 Budapest, Nádor utca 16.).

1. Registration at the venue of the General Meeting will begin at the day of the General Meeting at 10:00 a.m. Budapest time.

Provided that the conditions for participation at the General Meeting and for exercising voting rights are met, at the venue of the General Meeting the shareholder or his/her proxy - having provided proof of his/her identity and signed the attendance sheet - may request a voting device, which entitles him/her to vote and participate in the General Meeting. Any given shareholder (including a shareholder represented by a shareholder's proxy) is only entitled to use a single voting device (book of voting slips).

Subject to the fact that the General Meeting will be held indoors, in accordance with Section 6/C (3) of the Government Decree no. 484/2020 (XI. 10.) on the second phase of protective measures applicable during the period of state of danger, - in addition to those employed there -, only a person protected against the coronavirus may participate. Protection must be verified during the on-site registration, for the verify, it is primarily necessary to present the protection certificate card or the application for coronavirus vaccination as well as the identity card / passport in order to verify the identity. It is equivalent to the presentation of a protection certificate card according to the Government Decree, if a non-Hungarian citizen or a Hungarian citizen without a Hungarian address proves, by presenting an EU digital COVID card, that:

1. against the coronavirus

1. authorized by the European Medicines Agency,

ab) on the list of COVID-19 vaccines authorized by the World Health Organization for emergency use, or

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ac) has been vaccinated at least once with a vaccine authorized in Hungary and used to vaccinate the population, and one year has not elapsed since the first vaccination, or

1. protected against coronavirus disease due to transmission, such a person who certifies with a digital Covid certificate that 15 days have elapsed since the last positive SARS-CoV-2 PCR test or rapid antigen test and 180 days have not elapsed.

In the absence of an EU digital COVID card, a foreign "protection certificate" is also acceptable if it is

1. issued by a state whose protection certificate is recognized by Hungary and the fact of which has been established by a decree of the Minister for foreign policy in agreement with the Minister for border security, and
2. verify the protection against coronavirus by presenting a protection certificate against coronavirus issued by the State referred to in point (a).

VI. We remind our shareholders that participating and voting at the General Meeting is subject to observation of the provisions set forth under points II, III, IV and V of this announcement.

VII. Should the General Meeting not be quorate by 12:00 a.m. Budapest time on 15 October 2021 (Friday), the Board of Directors shall convene the General Meeting for 10:00 a.m. Budapest time on 27 October 2021 (Wednesday), at the OTP Bank's premises (H-1131 Budapest, Babér utca 9.), with the agenda specified in section I (Reconvened General Meeting).

The Reconvened General Meeting shall be deemed to be quorate regardless of the number of shareholders present.

We remind our shareholders that participating and voting at the Reconvened General Meeting is subject to observation of the provisions set forth under points II, III, IV and V of this announcement, with the difference that

• in the case of a Reconvened General Meeting the (record) date of the shareholder identification is 20 October 2021 (Wednesday);
• registration at the venue of the Reconvened General Meeting will also begin at the day of the Reconvened General Meeting at 8:00 a.m. Budapest time, and furthermore
• if the proxy, based on a foreign document, is representing more than one shareholder at the Reconvened General Meeting, then the authorisation and the related documents must be submitted to the Legal Directorate of OTP Bank Plc. (H-1051 Budapest, Nádor utca 16.), by 16:00 Budapest time on 22 October 2021 (Friday) at the latest.

VIII. We recommend that those of our shareholders who intend to participate in the General Meeting consult with their securities account provider regarding the tasks and deadlines that need to be performed and met in order to ensure their participation in the shareholder verification process to be conducted by KELER Ltd.

IX. The written documents related to the General Meeting will be available from 23 September 2021 (Thursday) at the Budapest Regional Branch of OTP Bank Plc. (H-1052 Budapest, V. Deák Ferenc utca 7-9.), as well as on the website of the Company (www.otpbank.hu), on the website of the Budapest Stock Exchange (www.bet.hu), and on the website operated by the Supervisory Authority (https://kozzetetelek.mnb.hu).

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1. Designated OTP branches:

Budapest

1011	Budapest, Iskola u. 38-42.	1103	Budapest, Sibrik Miklós u. 30. (Family Center)
1013	Budapest, Alagút u. 3.	1106	Budapest, Örs vezér tere 25. (Árkád)
1015	Budapest, Széna tér 7.	1115	Budapest, Bartók Béla út 92-94.
1021	Budapest, Hüvösvölgyi út 138. (Stop Shop)	1117	Budapest, Hunyadi János út 19. (Savoya Park)
1024	Budapest, Fény u. 11-13.	1117	Budapest, Móricz Zsigmond körtér 18.
1025	Budapest, Szépvölgyi út 4/b.	1117	Budapest, Október huszonharmadika u. 8-10.
1025	Budapest, Törökvész út 1/a.	1118	Budapest, Rétköz u. 5.
1026	Budapest, Szilágyi Erzsébet fasor 121. (Budagyöngye)	1123	Budapest, Alkotás u. 53.
1033	Budapest, Flórián tér 15.	1124	Budapest, Apor Vilmos tér 11.
1033	Budapest, Szentendrei u. 115. (Auchan)	1126	Budapest, Böszörményi út 9-11.
1039	Budapest, Heltai J. tér 2.	1133	Budapest, Váci út 80.
1041	Budapest, Erzsébet u. 50.	1134	Budapest, Váci út 17.
1042	Budapest, Árpád út 63-65.	1135	Budapest, Lehel út 70-76.
1048	Budapest, Kordován tér 4.	1138	Budapest, Váci út 135-139. (BSR Center)
1051	Budapest, Nádor u. 16.	1146	Budapest, Thököly út 102/b.
1051	Budapest, Nádor u. 6.	1148	Budapest, Nagy Lajos király útja 19-21.
1052	Budapest, Deák Ferenc u. 7-9.	1149	Budapest, Bosnyák tér 17.
1054	Budapest, Szabadság tér 7-8. (Bank Center)	1149	Budapest, Fogarasi út 15/b.
1054	Budapest, Széchenyi rkp. 19.	1151	Budapest, Fő utca 64.
1055	Budapest, Nyugati tér 9.	1152	Budapest, Szentmihályi út 131.
1055	Budapest, Szent István krt. 1.	1157	Budapest, Zsókavár u. 28.
1062	Budapest, Váci út 1-3. (Westend City Center)	1161	Budapest, Rákosi út 118.
1066	Budapest, Oktogon tér 3.	1163	Budapest, Jókai Mór u. 3/b.
1073	Budapest, Erzsébet krt. 41.	1173	Budapest, Ferihegyi út 93.
1075	Budapest, Károly krt. 1.	1173	Budapest, Pesti út 5-7. (Tesco áruház)
1076	Budapest, Thököly út 4.	1181	Budapest, Üllői út 377.
1075	Budapest, Károly krt. 25.	1183	Budapest, Üllői út 440. (Delta Center)
1077	Budapest, Király utca 49.	1188	Budapest, Vasút u. 48.
1081	Budapest, Népszínház u. 3-5. (Europeum üzletház) -	1191	Budapest, Üllői út 201. (Shopmark)
Bejárat a Blaha Lujza térről	1195	Budapest, Üllői út 285.
1083	Budapest, Futó u. 35-45.	1195	Budapest, Vak Bottyán út 75/a-c. ép.
1085	Budapest, József krt. 33.	1203	Budapest, Bíró M. u. 7.
1085	Budapest, József krt. 53.	1204	Budapest, Kossuth Lajos u. 44-46.
1085	Budapest, Kálvin tér 12-13.	1211	Budapest, Kossuth L. u. 86.
1087	Budapest, Kerepesi út 9. (Aréna Plaza)	1211	Budapest, Kossuth L. u. 99.
1087	Budapest, Könyves Kálmán krt. 76-1.	1221	Budapest, Kossuth L. u. 31.
1094	Budapest, Ferenc krt. 13.	1222	Budapest, Nagytétényi út 37-45. (Campona)
1095	Budapest, Soroksári út 32-34. (Haller kert)	1238	Budapest, Grassalkovich út 160.
1097	Budapest, Könyves Kálmán Krt. 12-14. (Lurdy ház)	1239	Budapest, Bevásárló u. 2. (Auchan Soroksár)
1102	Budapest, Kőrösi Csoma sétány 6.

Baranya County

7621	Pécs, Rákóczi út 44.	7700	Mohács, Jókai u. 1.	7960	Sellye, Köztársaság tér 4.
7621	Pécs, Rákóczi út 1.	7800	Siklós, Felszabadulás u. 60-62.	7940	Szentlőrinc, Munkácsy u. 16/A.
7632	Pécs-Kertváros, Diana tér 14.	7900	Szigetvár, Vár u. 4.	7773	Villány, Baross Gábor u. 36.
7633	Pécs-Újmecsekalja, Ybl M. u. 7/3.	7720	Pécsvárad, Bem u. 2/b.	7754	Bóly, Hősök tere 8/b.
7300	Komló, Kossuth L. u. 95/1.	7370	Sásd, Dózsa György u. 2.

Bács-Kiskun County

6000	Kecskemét, Korona u. 2.	6087	Dunavecse, Fő út 40.	6230	Soltvadkert, Szentháromság u. 2.
(MalomCenter)	6070	Izsák, Szabadság tér 1.	6060	Tiszakécske, Béke tér 6.
6000	Kecskemét, Szabadság tér 5.	6440	Jánoshalma, Rákóczi u.10.	6000	Kecskemét, Dunaföldvári út 2.
6500	Baja, Deák Ferenc u. 1.	6237	Kecel, Császártöltési u. 1.	(Auchan Kecskemét)
6300	Kalocsa, Szt. István király út 43-45.	6120	Kiskunmajsa, Csendes köz 1.	6320	Solt, Kossuth Lajos u. 48-50.
6200	Kiskőrös, Petőfi tér 13.	6090	Kunszentmiklós, Kálvin tér 11.	6080	Szabadszállás, Dózsa György út 1.
6400	Kiskunhalas, Sétáló utca 7.	6050	Lajosmizse, Dózsa György u.
6100	Kiskunfélegyháza, Petőfi tér 1.	102/a.
6430	Bácsalmás, Szt. János u. 32.	6449	Mélykút, Petőfi tér 18.

Békés County

5600	Békéscsaba, Szt. István tér 3.	5540	Szarvas, Kossuth Lajos tér 1.	5510	Dévaványa, Árpád u. 32.
5700	Gyula, Bodoky u. 9.	5520	Szeghalom, Tildy Zoltán utca 4-8.	5742	Elek, Gyulai út 5.
5800	Mezőkovácsháza, Árpád u. 177.	5630	Békés, Széchenyi tér 2.	5500	Gyomaendrőd, Szabadság tér 7.
5900	Orosháza, Kossuth Lajos u. 20.	5830	Battonya, Fő u. 86.	5650	Mezőberény, Kossuth Lajos tér 12.
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