Changes in the Board of Directors

Announcement

on changes in the Board of Directors

In accordance with the extraordinary disclosure obligation stipulated under Section 122 of (Hungarian) Act CCXXXVII of 2013 on Credit Institutions and Financial Enterprises and under Section 55 of (Hungarian) Act CXX of 2001 on the Capital Market MFB Hungarian Development Bank Private Limited Company (hereinafter: MFB Zrt.) informs the public of the following changes in respect of Board of Directors:

Zsuzsanna Polgár (Ms.) resigned from her position as a member of the Board of Directors, her membership in the Board of Directors terminated on July 6, 2022.

According to the resolution of the Founder No. 12/2022. (VII.6.) issued by the exerciser of the ownership rights over MFB Zrt., as of 7 July 2022 Dr. Melinda Gitta Szeles (Ms.) was appointed for a 5 year term to act as member of the Board of Directors of MFB Zrt.

Budapest, 07 July 2022

MFB Hungarian Development Bank Private Limited Company