Takarek Jelzálogbank : Extraordinary disclosure on the transaction of shares

Extraordinary disclosure

on the transaction of shares

Takarék Mortgage Bank Co. Plc.. (registered seat:1117 Budapest, Magyar Tudósok körútja 9. G.

building; company registration number: 01-10-043638, hereinafter "Takarék Mortgage Bank") hereby informs capital market participants of the following:

On 2nd December 2022, Magyar Posta Zrt. (registered office: 1138 Budapest, Dunavirág utca 2-6.;

company registration number: 01-10-042463, hereinafter: "Magyar Posta") - by exchange of shares - acquired the 43,076,417 dematerialized common shares of Takarék Mortgage Bank - nominal value 100 HUF each, series "A" dematerialized common shares (ISIN code: HU0000078175); total nominal value: HUF 4,307,641,700, i.e. four billion three hundred seven million six hundred forty one thousand seven hundred HUF - from MKB Bank Nyrt. (registered office: 1056 Budapest, Váci u. 38.; company registration number: 01-10-040952; hereinafter "MKB Bank"). With the aformentioned transaction, Magyar Posta acquired a direct interest of 39.8% in Takarék Mortgage Bank.

Magyar Posta's acquisition of 39.8% direct qualified interest in Takarék Mortgage Bank was authorized by the Magyar Nemzeti Bank, decision number: H-EN-I-607/2022. In connection with the question of the application of the obligation to make statutory public takeover bid according to Section 68 (1) point b) of the Act CXX of 2001 on Capital Market , we note that the acquistion of the share package of Takarék Mortgage Bank does not trigger a new takeover bid on the part of Magyar Posta, as on January 15 2021, in relation to Takarék Mortgage Bank, persons have been acting in concert made a statutory public takeover bid. During the previous statutory public takeover bid, Magyar Posta was considered as a person acting in concert, and as the coordination agreement is still in force, the acquisition by Magyar Posta is still considered as an exemption from the obligation of takover bid according to Section 78 of the Act CXX of 2001 on Capital Market.

Budapest, 2 December 2022

Takarék Mortgage Bank Co. Plc.