Announcement

on Change in the Board of Directors

In accordance with the extraordinary disclosure obligation stipulated 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:

Mr. Zsolt Kovács resigned from his position as Board of Directors, therefore his membership in the Board of Directors was terminated on May 20, 2024.

According to the resolution of the Founder No. 13/2024. (V.20.) issued by the exerciser of the ownership rights over MFB Zrt., as of 21 May 2024 Mr. Tamás Balás was appointed for a 5 years term to act as member of Board of Directors of MFB Zrt.

Budapest, 21 May 2024

MFB Hungarian Development Bank Private Limited Company