1/4/2021 6:00 PM

Release of this announcement constitutes a public disclosure of inside information within the meaning of Articles 7 and 17 of Regulation No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse, as amended.

Prague, 4 January 2021 – Komerční banka, a.s., with its registered office at Na Příkopě 33/969, 114 07 Prague 1, registration No. 45317054, entered in the register of companies maintained with the Metropolitan Court of Prague, section B, file No.1360 (hereinafter also Komerční banka or the Bank), announces that

The base prospectus dated 4 January 2021 relating to a programme for the issuance of up to EUR 5,000,000,000 mortgage covered bonds of Komerční banka (“Base Prospectus”) has been approved by the Commission de Surveillance du Secteur Financier (“CSSF“) in Luxembourg and is available for viewing on Komerční banka’s website at https://www.kb.cz/en/about-the-bank/everything-about-kb/obligatory-published-information/information-on-securities in section Bond issues of Komerční banka.

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the Base Prospectus, may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Base Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Base Prospectus is not addressed.  Prior to relying on the information contained in the Base Prospectus you must ascertain from the Base Prospectus whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.

Additional information will be published in line with regulatory requirements on the Komerční banka a.s.’s website at the address https://www.kb.cz/en/about-the-bank/everything-about-kb/obligatory-published-information/information-on-securities in section Bond issues of Komerční banka.