Official Notice of the Czech National Bank of 10 February 2026 Setting the Annual Target Level of Contributions to the Resolution Fund for 2026

Official Gazette of the CNB, Issue 1/2026 of 10 February 2026 1 Sorting Code 2 0 1 2 6 1 8 0

OFFICIAL NOTICE
OF THE
CZECH NATIONAL BANK of 10 February 2026, setting the annual target level of contributions to the Resolution Fund for the year 2026

The Czech National Bank (hereinafter referred to as the "CNB"), as the resolution authority under Section 214(1) of Act No. 374/2015 Coll., on Recovery and Resolution Measures in the Financial Market, as amended by subsequent regulations (hereinafter referred to as the "RRA"), hereby notifies pursuant to Section 214(2) of the RRA:

I. Purpose of the Official Notice

1. The purpose of this Official Notice is to set the annual target level of contributions to the Resolution Fund (hereinafter referred to as the "RF") pursuant to Article 3(3) of Commission Delegated Regulation (EU) 2015/63 of 21 October 2014 supplementing Directive 2014/59/EU of the European Parliament and of the Council as regards ex ante contributions to crisis resolution financing mechanisms, in its current version (hereinafter referred to as the "Regular Contributions Regulation"), for the year 2026 (hereinafter referred to as the "annual target level").

II. Annual Target Level

2. The CNB sets the annual target level at 956,579,204 CZK.

3. The annual target level is defined in Article 3(3) of the Regular Contributions Regulation, which the resolution authority sets for the contribution period with the aim of achieving the target volume of the RF pursuant to Section 213(1) of the RRA (hereinafter referred to as the "target volume of the RF").

4. Pursuant to Section 213(1) of the RRA, the target volume of the RF is set at 1% of the total volume of covered deposits.

5. Due to the continued growth in the volume of covered deposit liabilities, the CNB estimated the total volume of covered deposit liabilities as of 31 December 2026, taking into account the average value of covered deposit liabilities in the previous year. Based on these values, the CNB now revises and refines the target volume of the RF so that the level of 1% of the total volume of covered deposit liabilities is maintained as of 31 December 2026 and the target volume of the RF does not effectively fall below the value set by law.

6. According to the second sentence of Section 214(3) of the RRA, the CNB shall decide on the collection of regular contributions so that the target volume of the Resolution Fund is met within a period proportional to the extent of the decline, if after the expiry of the period specified in paragraph 5 of this Official Notice, the assets in the contribution fund of the Resolution Fund fall below the target volume of the Resolution Fund and at the same time these assets do not fall below two-thirds of the target volume of the Resolution Fund.

7. In light of the above, the CNB considers that the collection of the entire difference between the volume of funds in the RF as of 31 December 2025 and the refined target volume of the RF in 2026, without the need to spread it over multiple years, meets this requirement. Such collection, in the CNB's assessment, appropriately takes into account the phase of the economic cycle and any pro-cyclical impact of regular contributions on the financial situation of contributing entities.

8. In accordance with Section 214(2) of the RRA, the CNB discussed the aforementioned annual target level with the Financial Market Guarantee System, through exchange of letters dated 9 and 10 February 2026.

III. Final Provisions

9. This Official Notice enters into force on the day of its publication in the Official Gazette of the CNB.

Member of the Banking Board:
PhDr. Jakub Seidler, Ph.D. s. r.
Section for Financial Stability and Restructuring