MBank intends to allocate retained earnings to increase its authorized capital

MBank plans to increase its authorized capital using retained earnings at the end of 2025. This issue is included in the agenda of the bank's annual general meeting of shareholders.

The meeting will take place on March 31. The list of securities holders entitled to participate in the meeting was formed on March 27.

The key issue on the agenda will be the increase in authorized capital using retained earnings. The bank intends to conduct an additional issue of shares through a private placement. At the same time, it is proposed not to apply the preemptive rights of existing shareholders to purchase them.

In addition to changes in the capital structure, the meeting plans to:

• approve the board of directors' report for 2025;
• review the annual financial statements and the bank's performance results;
• approve the external auditor's report;
• determine the amount and procedure for paying dividends;
• adopt the financial plan for 2026;
• approve the long-term employee incentive program.

In addition, shareholders will elect an external auditor for Mbank for 2026 and determine the amount of his remuneration. They will also approve the new version of the bank's Corporate Code.