Slides
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Q4 25 results presentation Vienna, 26 February 2026 Performing across the board Peter Bosek, CEO Erste Group Stefan Dörfler, CFO Erste Group Alexandra Habeler-Drabek, CRO Erste Group
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Page THE INFORMATION CONTAINED IN THIS DOCUMENT HAS NOT BEEN INDEPENDENTLY VERIFIED AND NO REPRESENTATION OR WARRANTY EXPRESSED OR IMPLIED IS MADE AS TO, AND NO RELIANCE SHOULD BE PLACED ON, THE FAIRNESS, ACCURACY, COMPLETENESS OR CORRECTNESS OF THIS INFORMATION OR OPINIONS CONTAINED HEREIN. CERTAIN STATEMENTS CONTAINED IN THIS DOCUMENT MAY BE STATEMENTS OF FUTURE EXPECTATIONS AND OTHER FORWARD-LOOKING STATEMENTS THAT ARE BASED ON MANAGEMENT’S CURRENT VIEWS AND ASSUMPTIONS AND INVOLVE KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS, PERFORMANCE OR EVENTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED IN SUCH STATEMENTS. NONE OF ERSTE GROUP OR ANY OF ITS AFFILIATES, ADVISORS OR REPRESENTATIVES SHALL HAVE ANY LIABILITY WHATSOEVER (IN NEGLIGENCE OR OTHERWISE) FOR ANY LOSS HOWSOEVER ARISING FROM ANY USE OF THIS DOCUMENT OR ITS CONTENT OR OTHERWISE ARISING IN CONNECTION WITH THIS DOCUMENT. THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR INVITATION TO PURCHASE OR SUBSCRIBE FOR ANY SHARES AND NEITHER IT NOR ANY PART OF IT SHALL FORM THE BASIS OF OR BE RELIED UPON IN CONNECTION WITH ANY CONTRACT OR COMMITMENT WHATSOEVER. 2 Cautionary note regarding forward-looking statements DISCLAIMER
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Page EXECUTIVE SUMMARY 3 PRESENTATION TOPICS MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX
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Page QoQ net profit development YTD net profit development 4 Strong qoq revenue growth, again driven by NII and fees − NII and fees post new quarterly records − Costs seasonally up qoq, but yoy growth rate slowed markedly Other result (again) benefits from positive one-offs − Qoq improvement due to higher positive one-offs in Q4 25 (approx. EUR 144m, primarily in CZ and RO) than in Q3 25 (EUR 77m in RO) NII up 3.5%, fees up 8.6% in 2025 − More than offsetting lower, but still strong net trading & FV result Costs inflation decelerates towards year-end 2025 − Erste Bank Polska integration costs of EUR 38m already in 2025 Other result up on multiple positive one-offs in 2025 Revenue momentum is strong and accelerating EXECUTIVE SUMMARY: P&L PERFORMANCE 153 153 49 Q3 25 Operating income Operating expenses 23 Risk costs Other result 1 Taxes on income 17 Minorities Q4 25 901 944 +4.7% 480 304 81 307 2024 Operating income Operating expenses Risk costs Other result 50 Taxes on income 32 Minorities 2025 3,125 3,510 +12.3%in EUR m in EUR m
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Page Net interest margin 5 Cost/income ratio Risk cost ratio Banking levies Earnings per share * Return on tangible equity Confident delivery of upgraded 2025 financial targets EXECUTIVE SUMMARY: P&L DASHBOARD in EUR m in EUR 51.4 Q4 24 48.0 Q1 25 47.5 Q2 25 46.7 Q3 25 49.3 Q4 25 2.46 Q4 24 2.33 Q1 25 2.41 Q2 25 2.43 Q3 25 2.48 Q4 25 34 Q4 24 15 Q1 25 17 Q2 25 24 Q3 25 27 Q4 25 11.4 Q4 24 15.2 Q1 25 17.1 Q2 25 18.0 Q3 25 16.0 Q4 25 G25: ~48% G25: ~20 bps G25: >15% 1.33 1.82 2.11 2.20 2.11 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 51 121 76 87 88 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 in % in bpsin % in % *) Based on reported net profit adjusted for AT1 dividend
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Page YTD total asset development YTD equity & total liability development 6 Customer loans advance 6.4% in 2025 − Increase primarily in Retail (+9.3%) and CEE (+10.5%) segments − Main geographic drivers: CZ, SK, HU and AT/SB Moderate increase in interest-bearing assets − Mainly due to lower level of interbank business Customer deposits increase by 4.7% in 2025 − Core deposits (Retail, SME, Savings Banks segments) rise by 5.5% − Corporate segment deposits also up by 6.1%, Group Markets deposits down on lower volumes from financial institutions Increase in debt securities due to regular funding activity Increase in equity driven by profits, AT1 issuance Customer business drives balance sheet growth EXECUTIVE SUMMARY: BALANCE SHEET PERFORMANCE 2.4 31/12/25Miscella- neous assets 0.8 Intangibles 0.0 Net loans 353.7 368.6 13.9 Loans to banks 6.1 Trading, financial assets 3.7 Cash31/12/24 +4.2% 31/12/24 0.6 Trading liabilities 4.3 Bank deposits 11.3 Customer deposits 3.0 Debt securities 0.4 Miscellaneous liabilities 3.9 Equity 31/12/25 353.7 368.6 in EUR bn in EUR bn
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Page Loan/deposit ratio 7 Loan & deposit growth Asset quality Capital ratios (reported) Liquidity ratios Leverage ratio Historic capital position caps superior balance sheet metrics EXECUTIVE SUMMARY: BALANCE SHEET DASHBOARD in % in % 4.9 3.8 Q4 24 5.8 4.6 Q1 25 6.0 3.4 Q2 25 6.8 3.4 Q3 25 6.4 4.7 Q4 25 90.2 89.4 90.1 92.0 91.7 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 in % yoy, in % Loan growth Deposit growth G25: >5% 72.5 Q4 24 74.6 Q1 25 73.6 Q2 25 73.7 Q3 25 69.7 Q4 25 2.6 2.5 2.5 2.5 2.4 NPL coverage ratio NPL ratio in % 19.7 15.3 Q4 24 20.7 15.9 Q1 25 22.6 17.4 Q2 25 23.0 17.5 Q3 25 24.8 19.3 Q4 25 Total capital ratio CET 1 ratio 151.6 143.9 Q4 24 158.6 142.4 Q1 25 164.4 143.8 Q2 25 157.9 142.6 Q3 25 162.9 142.2 Q4 25 Liquidity coverage ratio Net stable funding ratio 7.1 Q4 24 7.1 Q1 25 7.9 Q2 25 7.8 Q3 25 8.2 Q4 25 in %
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Page EXECUTIVE SUMMARY 8 PRESENTATION TOPICS MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX
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Page Consumer price inflation Labour markets expected to remain strong, supporting domestic demand Current account balance picture mixed in CEE, fiscal deficits set to improve in the medium term MACROECONOMIC AND BUSINESS UPDATE: ECONOMIC FORECASTS * Current account balance General government balance Public debt Robust 2026 growth outlook for CEE region Robust GDP growth in most CEE countries driven by consumption and investments; recovery in Austria in 2026 Inflation expected to ease across Erste footprint in 2026 Unemployment rate Real GDP growth 9 0.4 3.6 2.5 0.8 0.6 0.4 3.0 2.0 0.8 4.0 2.5 1.3 1.0 2.0 2.7 2.7 AT PL CZ SK RO HU HR RS 3.6 3.6 2.5 4.0 7.3 4.4 3.7 3.8 2.4 2.0 2.0 4.1 6.9 3.4 3.2 3.2 AT PL CZ SK RO HU HR RS 5.7 5.7 2.9 5.4 6.0 4.4 4.9 8.6 5.4 5.2 3.5 5.8 5.7 4.3 4.8 8.6 AT PL CZ SK RO HU HR RS 0.9 -1.0 0.7 -4.1 -7.8 1.5 -4.3 -4.8 0.9 -1.5 1.1 -4.0 -6.8 1.0 -4.7 -5.7 AT PL CZ SK RO HU HR RS -4.4 -7.1 -2.1 -4.8 -8.0 -5.0 -2.9 -2.4 -4.8 -6.8 -2.4 -4.3 -6.4 -5.3 -3.0 -3.0 AT PL CZ SK RO HU HR RS 82 62 43 62 59 74 57 45 84 66 43 63 61 75 56 45 AT PL CZ SK RO HU HR RS * Source: Erste Group Research. avg, in % avg, in %in %2025 2026 % of GDP % of GDP % of GDP
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Page Retail loans grew noticeably in 2025 − Strong demand for housing loans across CEE, except RO − Consumer loans growth driver in Romania − Risk profile remained stable at very good levels Savings and current accounts drive retail deposit growth − Retail deposits up 2.8% and 5.8%, qoq and yoy, respectively − Continued shift towards overnight/savings deposits from term deposits Fee income growth driven by securities business and insurance brokerage Stock of securities savings plans approaches 2 million-mark − Strategic focus on long-term savings plans pays off, creating a constant inflow of new assets under management despite volatile markets and supports a long-term sustainable fee growth − George Invest, new investment interface for clients, launched in CZ and AT, substantially increasing the number of younger first -time investors Retail digital platform George continues to grow − 11.4 million users onboarded to George across 6 markets − Digital sales at 67%, supported by assisted digital sales initiatives − >80% of savings products and ~55% of insurance products sold digitally 10 Strong demand for housing and consumer loans boosts retail business Gross retail loans by product * Securities savings plans by country MACROECONOMIC AND BUSINESS UPDATE: RETAIL BUSINESS in thds, eop in EUR bn Q3 25 79.1 19.0 10.8 6.5 Q4 25 17.9 73.2 17.6 10.2 106.8 108.4 113.5 115.4 5.8 Q4 24 74.1 10.3 6.2 Q1 25 75.5 18.6 10.5 110.9 6.3 Q2 25 77.4 19.1 10.7 6.4 +8.1% Other retail loans Commercial loans Consumer finance Housing finance Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 1,599 1,754 1,813 1,907 1,990 +24.5% Croatia Hungary Slovakia Romania Czech Republic Austria *) Figures comprise segments Retail and Savings Banks (retail products)
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Page Healthy Corporate customer loan growth of 5.0% − Growth mostly pronounced in Large Corporates across all geographies, particularly in CZ. SME and RE lending up as well − Lower NII performance as compressed loan and deposit margins outweighed the favourable effects from volume growth − Fee income continued to increase, up 10% yoy Group Markets delivered exceptional performance, driven by record high issuance activities − Fee-generating business in GM improved by +19% thanks to ECM/ DCM activities: 316 executed mandates and >EUR 211bn of co -arranged volumes − Trading income growth supported mostly by equity, fixed income and collateral trading Assets under management up 13% in 2025 − At YE 25 assets under management at historic best of EUR ~104bn (incl. Retail and institutional business), growth supported by M&A activities − At EUR 41.7bn, sustainable funds (SFDR Art. 8 and 9) account for ~40% of entire AuM portfolio − George Business roll-out continues with migration of clients in AT and RO finalised and CZ progressing well − Total of ~76,000 clients on the platform as of Dec 25 11 Corporate loan growth accelerates to 5.0% in 2025 Net loan stock of Corporate segment Operating income of Corporates & Markets segments MACROECONOMIC AND BUSINESS UPDATE: CORPORATES & MARKETS BUSINESS Q4 24 21.4 29.9 22.9 6.8 Q1 25 22.0 31.2 23.0 6.6 Q2 25 22.2 31.6 21.5 6.8 Q3 25 22.5 31.2 24.0 6.9 Q4 25 29.0 23.0 7.0 80.5 81.1 82.8 83.9 84.5 23.3 +5.0% Public sector Commercial Real Estate Large Corporates Small and Medium Enterprises 912 900 829 812 490 505 319 311 2024 2025 2,550 2,528 -0.9% in EUR m in EUR bn 790 855 2024 2025 +8.2% Corporates Markets Public sector Commercial Real Estate Large Corporates Small and Medium Enterprises
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Page EXECUTIVE SUMMARY 12 PRESENTATION TOPICS MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX
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Page Retail and CEE segments perform best in 2025 − Yoy growth strong across the board, but more pronounced in Retail than in Corporate segment, up 9.3% vs 5.0%, with retail growth mostly driven by HU, HR and CZ and tilted towards housing loans − Qoq similar trend as yoy: Retail (+1.9%), Corporate (+0.8%), with housing loans being the growth driver − CEE yoy, qoq continued strong loan growth trends, particularly in CZ (balanced), HU (mainly in Retail) and RS Q4 25 loan growth drivers − CZ: qoq, yoy continued high quality growth in retail (housing loans) and corporate business, indicative of healthy state of CZ economy − HU: yoy, qoq strong growth acceleration driven by government - subsidised mortgage programme as of Sept 2025 − HR: yoy, qoq supported by continued customer demand for housing loans, while corporate demand was more subdued − AT/SB: improved demand for investment loans and working capital facilities yoy and qoq, somewhat improving demand for housing loans qoq 2026 net loan target: > EUR 285bn − Including Erste Bank Polska, with Poland exhibiting similar growth dynamics as CEE overall − Erste excluding Erste Bank Polska: > 5% , supported by continued healthy growth in CEE and improving dynamics in Austria 13 Loan growth accelerates to 6.4% in 2025 Net loan stock Growth rates OPERATING TRENDS: NET LOAN STOCK AND GROWTH CZ RO SK HU HR RS Other 218.1 228.0 232.0 42.3 43.4 43.2 59.7 61.5 62.4 23.7 23.8 24.3 43.3 47.7 48.6 13.4 13.4 14.3 19.5 20.7 20.7 5.7 6.3 6.8 Group 10.1 10.5 2.2 2.5 2.6 9.7 -1.5 -1.4 AT/EBOe AT/SB AT/OA -1.4 1.8% -0.5% 1.5% 2.0% 1.9% 7.0% 0.2% 7.3% 3.3% 2.9% 6.4% 2.0% 4.5% 2.5% 12.3% 6.7% 6.7% 8.5% 18.7% 18.7%31/12/24 30/09/25 31/12/25 in EUR bn Not meaningful QoQ YoY
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Page Erste Group’s favourable deposit mix is a key competitive advantage – overweight retail, sight, LCY deposits Key Q4 25 deposit drivers − Core deposits (Retail, SME & Savings Banks) posted growth of 5.5% yoy, up 3.0% qoq, while Corporate deposits rose by 6.1% and 0.6% yoy and qoq, respectively − AT/OA: yoy down mainly on lower financial institutions deposits − HU: yoy mainly driven by Retail, qoq balanced growth − CZ: qoq down on volatility in financial institutions and public sector deposits, Retail up − AT/EBOe & SBs: strong qoq retail inflows 14 Customer deposits increase by 4.7% in 2025 Customer deposits Growth rates OPERATING TRENDS: CUSTOMER DEPOSIT STOCK AND GROWTH CZ RO SK HU HR RS Other 241.7 247.8 253.0 47.1 47.2 48.9 66.9 67.6 70.2 10.9 8.3 8.3 58.9 65.1 63.1 18.3 17.3 18.3 18.7 19.1 19.7 7.9 8.9 9.4 Group 13.7 13.6 2.6 2.6 2.6 12.6 -2.1 -1.1 AT/EBOe AT/SB AT/OA -2.3 2.1% 3.5% 3.9% -3.1% 5.5% 3.0% -0.5% -0.3% 4.7% 3.8% 4.9% 7.2% -0.2% 5.1% 8.3% 0.9% -0.7% -24.2% 5.4% 18.3% QoQ YoY in EUR bn 31/12/24 30/09/25 31/12/25 Not meaningful Deposits by clients * Deposits by currency 6% 7% 69% 18% Retail Corporate Public sector Other 31/12/25 31/12/25 *) Split by customer groups, not segments; Retail includes Savings Banks and their retail associated client groups; may contain rounding differences 66% 31% 2% 1% EUR LCY USD Other
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Page Quarterly NII above EUR 2bn mark for the first time − NII up 4.6% yoy, with increase driven by strong performance across CEE, and positive trend change in Austrian retail & SME segments − NII up 2.7% qoq, supported by deposit repricing in Austrian retail & SME segments, strong performance in CZ and SK − NIM slightly up yoy and qoq on muted interest-bearing assets increase (due to lower interbank business volumes), higher NII Key NII drivers in Q4 25 − AT/EBOe, AT/SB: the NII tide is turning in Austria, with NII growing qoq, and, importantly, yoy, thanks to continued deposit repricing and better deposit mix: term deposits down, overnight deposits up − CZ & SK: yoy, qoq increase due to volume growth, deposit repricing and upward resetting of fixed rate mortgages − RO: yoy, qoq decline resulting from higher funding costs − Other: yoy, qoq higher income mainly from government bond investments 2026 NII guidance: > EUR 11bn − Including Erste Bank Polska, despite amortisation of positive fair value adjustments on debt securities and derivatives of EUR 1 70m, and lower interest income due to payout of EBP purchase price − Erste excluding Erste Bank Polska: ~ +5% , on better macro, strong volume momentum, improving deposit mix, intact pricing power and supportive interest rate backdrop 15 NII in record territory, NIM slightly up Net interest income Net interest margin OPERATING TRENDS: NET INTEREST INCOME (NII) AND NET INTEREST MARGIN (NIM) 268 460 160 380 213 144 91 105 26 90 254 437 152 398 195 157 106 107 29 140 271 465 141 406 186 162 106 107 30 153 Group AT/EBOe AT/SB AT/OA CZ RO SK HU HR RS Other 1,938 1,975 2,027 2.46% 2.13% 2.42% 1.13% 1.97% 4.06% 2.42% 3.59% 3.28% 3.52% 2.43% 1.87% 2.22% 1.22% 2.00% 3.68% 2.47% 3.87% 3.17% 3.57% 2.48% 1.98% 2.33% 1.17% 2.02% 3.27% 2.50% 3.62% 3.10% 3.55% Q4 24 Q3 25 Q4 25 in EUR m Q4 24 Q3 25 Q4 25 Not meaningful
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Page Net fee income by segment Net fee income by fee type 16 Key fee drivers in Q4 25 − Yoy strong increase, primarily in securities fees, due to rising asset management volumes and strong capital markets; payment fees also up despite reclassification of loan account fees to lending fees as of Q1 25 − Qoq fees up seasonally, again driven by securities and payment fees 2026 fee target: ~ EUR 4bn − Including Erste Bank Polska − Erste excluding Erste Bank Polska: > +5% Key long-term structural fee growth drivers − CEE wealth generation and less generous CEE pension systems drive higher demand for capital markets investments Net fee income posts quarterly and annual records OPERATING TRENDS: NET FEE AND COMMISSION INCOME 143 144 143 148 155 190 195 184 189 202 91 106 102 103 115 140 128 123 132 150 63 57 52 62 6961 59 62 61 6084 83 87 92 977 7 7 8 10 34 -33 Q4 24 33 -33 Q1 25 35 -34 Q2 25 38 -35 Q3 25 37 -44 Q4 25 780 780 762 798 850 +9.1% Other RS HR HU SK RO CZ AT/OA AT/SB AT/EBOe 359 325 331 353 368 277 288 273 285 332 46 48 44 4472 67 69 67 76 23 23 14 19 18 31 Q4 24 Q1 25 Q2 25 Q3 25 17 Q4 25 780 780 762 798 850 23 31 23 27 +6.5% Other Documentary fees Insurance products Lending business Securities Payment services in EUR m in EUR m
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Page Operating expenses by segment Operating expenses by type 17 Key cost drivers in Q4 25 − Yoy cost inflation slowed significantly, as stable personnel costs partly offset higher consulting costs (Erste Bank Polska integration) as well as increased IT expenses − Qoq cost increase due to seasonality and booking of one -off costs for Erste Bank Polska integration in the amount of EUR 36m 2026 cost guidance: ~ EUR 7bn − Including Erste Bank Polska, despite intangibles amortisation (customer stock + brand) of EUR 240 million in 2026 and integration costs of EUR 180 million − Erste excluding Erste Bank Polska: ~ +3% , on lower wage increases (compared to 2025) and efficiency gains Operating expenses right on target in 2025 OPERATING TRENDS: OPERATING EXPENSES 213 197 208 199 206 371 339 342 338 384 108 108 114 109 117 263 253 249 255 267 131 109 117 120 129 96 94 93 90 99 83 82 78 8874 73 72 70 30 23 25 25 31102 116 Q4 24 Q1 25 64 Q2 25 77 Q3 25 Q4 25 1,470 1,345 1,361 1,362 1,515 66 77 78 +3.1% Other RS HR HU SK RO CZ AT/OA AT/SB AT/EBOe 884 794 830 824 886 142 136 138 139 147 171 166 178 186 187 97 93 90 88 102 176 54 4 199 102 123 120 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 1,470 1,345 1,361 1,362 1,515 0 1 -6 +11.2% Residual other admin Deposit insurance contribution Office expenses IT expenses Depreciation and amortisation Personnel expenses in EUR m in EUR m
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Page Operating result Cost/income ratio 18 Key operating result drivers in Q4 25 − Record quarterly revenues (driven by both NII and fees), supported by robust customer volumes, favourable interest rate environment and strong capital markets − Slowing yoy cost inflation also contributed to operating result record 2026 CIR guidance: ~45% − Including Erste Bank Polska, despite PL intangibles amortisation and integration costs − Erste excluding Erste Bank Polska: ~47% on positive operating leverage Record operating result, stable cost/income ratio in 2025 OPERATING TRENDS: OPERATING RESULT AND COST/INCOME RATIO (CIR) 2021 2022 2023 2024 2025 55.6 53.4 47.6 47.2 47.9 51.4 Q4 24 48.0 Q1 25 47.5 Q2 25 46.7 Q3 25 49.3 Q4 25 G25: ~48 % in EUR m 243 225 221 216 257 297 296 297 313 306 137 180 154 171 166 290 274 291 317 335 168 175 164 159 158119 118 123 137 131109 122 143 138 1337 16 16 16 1424 10 72 -53 Q4 24 69 -17 Q1 25 71 Q2 25 81 Q3 25 74 Q4 25 1,390 1,458 1,505 1,556 1,557 -18 +12.1% Other RS HR HU SK RO CZ AT/OA AT/SB AT/EBOe in %
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Page Risk costs by segment * Risk cost ratio * 19 Key risk costs drivers in Q4 25 − Continued allocations in Austrian Retail and SME segments (EBOe, Savings Banks) on new defaults; but, improvement yoy − Strong risk performance across CEE, minor allocations in CZ (corporate business) and HR (risk parameter and FLI update) − Net releases of FLI provisions, industry overlays of EUR 109m (Q4 24: EUR 96m) 2026 guidance: 25-30bps − Including Erste Bank Polska, adjusted for EUR 300m one -off IFRS9 ECL provision in Q1 26 (net impact: EUR -120 million) − Erste excluding Erste Bank Polska: 20 -25 bps − EUR 352m of portfolio overlays and FLI provisions available for portfolio/macro deterioration, of which EUR ~60m expected to be released in 2026 2025 risk costs in line with upgraded guidance OPERATING TRENDS: CREDIT RISK/RISK COSTS 2021 2022 2023 2024 2025 9 15 6 18 21 34 Q4 24 15 Q1 25 17 Q2 25 24 Q3 25 27 Q4 25 *) A positive (absolute) figure denotes a net allocation, a negative figure denotes a net release. The risk cost ratio is calculated as annualised quarterly impairment result of financial instruments over average gross customer loans. in EUR m Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 186 85 97 136 159 Other RS HR HU SK RO CZ AT/OA AT/SB AT/EBOe in bps
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Page 20 NPL ratio improves yoy and qoq − Supported by stable NPL stock on the back of lower inflows and higher recoveries compared to 2024, and higher loan volumes − RO: NPL ratio benefits from qoq stabilization of inflows and NPL sales in Q4 25 − AT/OA: benefitting from continued high level of recoveries NPL coverage slightly down, but better collateralisation Guidance: NPL ratio broadly unchanged in 2026 including and excluding Erste Bank Polska, coverage slightly lower Gross loans by stages IFRS 9 stage coverage Asset quality remains strong across footprint OPERATING TRENDS: CREDIT RISK/ASSET QUALITY NPL ratio NPL coverage ratio 2.6 2.3 3.6 2.1 1.8 2.6 1.9 1.9 3.1 2.6 2.5 2.5 3.6 1.0 1.6 3.7 2.1 1.7 2.8 2.2 2.4 2.3 3.7 1.3 1.6 2.7 2.2 1.6 2.8 2.0 Group AT/EBOe AT/SB AT/OA CZ RO SK HU HR RS Other 72.5 47.5 56.2 32.3 101.9 168.8 92.3 128.1 94.2 103.5 73.7 48.0 57.3 48.7 101.9 127.2 89.9 127.8 92.5 106.0 69.7 47.7 52.9 32.1 104.9 132.0 81.5 125.5 96.0 107.3 31/12/24 30/09/25 31/12/25 in % 31/12/24 30/09/25 31/12/25 Not meaningfulNot meaningful in % 3.8 42.7 50.4 Q4 24 3.8 43.8 49.1 Q1 25 3.8 44.6 49.4 Q2 25 3.9 44.7 50.1 Q3 25 4.0 42.4 50.8 Q4 25 Stage 2 Stage 3 NPL collateralization 16% 16% 14% 14% 12% 2% 2% 2% 2% 2% Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 222.2 224.3 228.2 232.2 236.0 Stage 1 Stage 2 Stage 3 POCI Not IFRS 9 in %in EUR bn
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Page Other result by segment Other result by accounting categories 21 Key other result drivers in Q4 25 − Yoy up on positive one-offs of EUR 103m in CZ (legal provision release and building sale) and EUR 41m in RO (legal provision release) and lower losses on bond sales − Qoq up on higher positive one-offs than in the previous quarter (Q3 25: EUR +77m related to legal provision release in RO) Other result (again) supported by positive one-offs OPERATING TRENDS: OTHER RESULT Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 -193 -190 -8 -25 24 Other RS HR HU SK RO CZ AT/OA AT/SB AT/EBOe -51 -121 -76 -88-87 0 Q4 24 -15 Q1 25 Q2 25 0 Q3 25 0 Q4 25 -193 -190 -8 -25 24 0 Other Result from other operating expenses/income Resolution fund contributions Banking levies Net other provisions Derecognition of financial instruments in EUR m in EUR m
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Page Net result by segment EPS & ROTE 22 Key net profit drivers in Q4 25 − Record quarterly operating income − Seasonally higher operating expenses, but slowing trend yoy − Continued moderate risk costs and healthy asset quality − Continued tailwind from strong other result 2026 ROTE target confirmed at ~19% − Consolidation of Erste Bank Polska supports higher ROTE target 2026 EPS uplift confirmed at >20% − Based on reported net profits adjusted for extraordinary items: EUR 3.3bn in 2025 vs EUR >4bn in 2026 2025 ROTE of 16.6% bolstered by growth momentum, one-offs OPERATING TRENDS: NET RESULT, EARNINGS PER SHARE (EPS) & RETURN ON TANGIBLE EQUITY (ROTE) 1.33 1.82 2.11 2.20 2.11 11.4% Q4 24 15.2% Q1 25 17.1% Q2 25 18.0% Q3 25 16.0% Q4 25 Return on tangible equity Earnings per share Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 609 743 921 901 944 +54.9% Other RS HR HU SK RO CZ AT/OA AT/SB AT/EBOe in EUR m in EUR
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Page EXECUTIVE SUMMARY 23 PRESENTATION TOPICS MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX
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Page Liabilities and equity 24 Debt securities Interbank deposits Comments Highly granular and well- diversified Retail & SME deposit base is key source of long-term funding Increase in debt securities − Covered bonds − Local (MREL) as well as holding issuance of senior unsecured bonds Vast retail deposit base provides competitive funding advantage WHOLESALE FUNDING AND CAPITAL: ISSUED DEBT AND INTERBANK FUNDING 21.3 241.7 51.9 30.8 31/12/24 16.9 253.0 54.9 34.7 31/12/25 353.7 368.6 Equity Miscellaneous liabilities Debt securities Customer deposits Bank deposits Trading liabilities 5.4 5.1 17.9 5.7 16.5 31/12/24 5.5 6.3 18.8 4.2 18.9 31/12/25 51.9 54.9 Public sector CBs Mortgage CBs Other CDs, name cert’s Certificates of deposit Senior unsec. bonds Senior non-preferred bonds Sub debt 2.9 10.7 7.7 31/12/24 2.6 10.9 3.4 31/12/25 21.3 16.9 Repurchase agreements Term deposits Deposits repayable on demand in EUR bn in EUR bnin EUR bn
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Page 25 Highlights 2025 − Erste Group tapped the capital markets with instruments across all seniorities. In Q1 25 Erste Group issued senior preferred notes in green format twice (EUR 750m each) and mortgage covered bonds were brought to the market in Q1 and Q2 25 (EUR 1bn each). After the announc ement of the Q1 25 results and the planned acquisition in Poland a EUR 1bn AT1 note was issued. Another transaction in August 2025, i.e. a EUR 750m T2 note, concluded the funding activities in syndicated format for the holding entity in 2025. 2026 funding volume similar in size but more focus on MREL instruments compared to secured funding − In January 2026, Erste Group started its funding activities with a EUR 750m T2 note (10.25NC5.25 issued at MS+127bps) that re ached a peak book of >EUR 4bn. − End of January (and after further syndicated transactions by its subsidiaries) Erste Group returned to the senior preferred s egment by issuing EUR 750m (6.25NC5.25 at MS+62bps). Active start to the 2026 funding year WHOLESALE FUNDING AND CAPITAL: LONG TERM FUNDING Maturity profile of debt 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038+ 7.8 9.3 6.0 6.0 7.4 3.4 2.1 1.3 1.0 1.4 0.1 0.8 0.2 Debt CEE & EBOe Tier 2 Covered bonds Senior non-preferred bonds Senior unsec. bonds in EUR bn
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Page Basel 3 capital (phased-in) Risk-weighted assets (phased-in) 26 CET 1 capital soars on strong profitability − Strong rise in CET1 capital driven by retained earnings (EUR 3.7bn), supported by temporarily reduced shareholder distributions (2025 dividend, cancelled share buyback) − Minority interest: +EUR 684m yoy − OCI impact, other reserve and prudential filters: +EUR 297m Fast capital build, efficient RWA management WHOLESALE FUNDING AND CAPITAL: CAPITAL AND RISK-WEIGHTED ASSETS (RWA) 24.0 2.7 4.2 31/12/24 24.0 2.7 4.6 31/03/25 26.6 3.7 4.2 30/06/25 26.4 3.5 4.8 30/09/25 28.5 3.5 4.5 31/12/25 30.9 31.4 34.5 34.8 36.5 +18.1% CET1 AT1 Tier 2 134.0 16.7 6.6 31/12/24 124.4 21.1 6.1 31/03/25 126.1 21.1 5.4 30/06/25 125.0 21.1 5.0 30/09/25 120.6 22.3 4.6 31/12/25 157.2 151.6 152.6 151.1 147.5 -6.2% Credit Operational Market in EUR bn in EUR bn Massive reduction in risk-weighted assets − Credit RWA yoy decline driven by CRR3 implementation, securitisations and portfolio effects, offsetting business growth − Operational risk up yoy mainly on implementation of risk-insensitive CRR3 standardised measurement approach in Q1 25 − Market risk RWAs down on lower contribution of trading book
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Page CET 1 ratio development Basel 3 capital ratios (reported, phased-in) 27 CET1 ratio rises to historic record of 19.34% − Supported by strong profitability and temporarily reduced shareholder distributions − Extraordinarily, positive contribution from risk-weighted assets, supported by securitisations and CRR3 implementation, more than offsetting strong loan growth − Erste Bank Polska consolidation expected to result in unchanged CET1 ratio drawdown of about 460 bps CET1 target ratio confirmed at >14.25% CET 1 ratio at historic 19.3% WHOLESALE FUNDING AND CAPITAL: COMMON EQUITY TIER 1 (CET1), TIER 1 AND TOTAL CAPITAL RATIOS 1.19 ∆ RWA 2.22 Profit 0.34 Dividends & AT1 coupons 0.45 Cancel- lation of SBB YE 25CET1 other 0.05 Minorities 0.43 NPE backstop 0.00 15.26 19.34 OCI 0.16 YE 24 17.4 17.5 19.3 17.0 17.6 19.9 19.8 21.7 19.7 20.7 22.6 23.0 24.8 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 15.3 15.9 CET1 Tier 1 Total capital in % in %
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Page EXECUTIVE SUMMARY 28 PRESENTATION TOPICS MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX
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Page 29 Strong 2026 outlook for “new” Erste FINANCIAL OUTLOOK (2026) Risk factors to guidance − Political, regulatory, geopolitical, economic, health and competition risks, also non-financial and legal risks − Indirect effects from international (military) conflicts, such as the Russia/Ukraine war or in the mid-east region, prolonged supply chain disruptions, additional shock on energy prices and/or supply, deterioration of investment and consumption appetite − Economic downturn may put goodwill at risk Erste ex EBP Erste inc EBP (in EUR) Key assumptions/additional comments Real GDP ~ +1-3% ~ +1-4% Superior CEE GDP growth trajectory is key pillar of Erste Loans > 5% > 285bn Supported by robust growth dynamics across the CEE region NII ~ +5% > 11bn Volume growth, better deposit mix and continued deposit repricing Fees > +5% ~ 4bn Fees to remain pillar of revenue growth; print subject to allocation of EBP FX income Costs ~ +3% ~ 7bn Slowing cost inflation, improved efficiency, integration costs, intangibles amortisation CIR ~ 47% ~ 45% Positive operating jaws to drive CIR down, despite integration costs Risk costs 20-25 bps 25-30 bps Positive risk outlook, adjusted for EBP -related ECL provisions of EUR 300m (gross) ROTE ~ 19% Reflects strong business momentum and Erste Bank Polska contribution EPS uplift > 20% Adjusted 2026e net profit of > EUR 4bn vs adjusted 2025 net profit (EUR 3.3bn) Capital return EUR 0.75 Internal funding of EBP acquisition results in temporary dividend reduction
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Page EXECUTIVE SUMMARY 30 PRESENTATION TOPICS MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX: ERSTE GROUP BASICS, ERSTE GROUP DETAILED FINANCIALS & ERSTE GROUP ESG PROFILE
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Page 31 Banking leadership in Central and Eastern Europe (1) APPENDIX: ERSTE GROUP‘S GEOGRAPHIC FOOTPRINT http://upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/125px-Flag_of_the_Czech_Republic.svg.png http://upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/125px-Flag_of_Slovakia.svg.png http://upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/125px-Flag_of_Hungary.svg.png http://upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/125px-Flag_of_Romania.svg.png http://upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/125px-Flag_of_Croatia.svg.png http://upload.wikimedia.org/wikipedia/commons/thumb/f/ff/Flag_of_Serbia.svg/125px-Flag_of_Serbia.svg.png http://upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/125px-Flag_of_Austria.svg.png AT CZ SK HU ROHR RS SI BIH MN MK Czech Republic Customers: 4.5m Employees: 9,483 Branches: 329 Retail loan share: 26.9% Retail deposit share: 23.5% Slovakia Customers: 2.0m Employees: 3,514 Branches: 140 Retail loan share: 24.6% Retail deposit share: 27.6% Hungary Customers: 1.1m Employees: 3,430 Branches: 97 Retail loan share: 11.9% Retail deposit share: 10.9% Romania Customers: 3.0m Employees: 5,051 Branches: 290 Retail loan share: 17.4% Retail deposit share: 12.3% Austria Customers: 4.3m Employees: 16,844 Branches: 732 Retail loan share: 22.1% Retail deposit share: 24.7% Croatia Customers: 1.3m Employees: 3,176 Branches: 128 Retail loan share: 16.3% Retail deposit share: 15.1% Serbia Customers: 0.5m Employees: 1,270 Branches: 88 Retail loan share: 6.4% Retail deposit share: 5.4% Erste Group Customers: 22.7m Employees: 55,800 Branches: 2,111 Leading retail and corporate bank in 8 geographically connected core markets Favourable mix of mature & emerging markets with low penetration rates Potential for cross selling and organic growth in CEE Employees: FTEs as of end of reporting period (The presented FTE data per country exclude FTEs outside Erste Group’s core markets in Austria and CEE as well as FTEs of specific services entities not located in Austria) Core markets Indirect presence Poland Customers: 6.0m Employees: 10,100 Branches: 307 Retail loan share: 10.7% Retail deposit share: 9.4% PL The acquisition of a controlling stake in Erste Bank Polska was completed in January 2026
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Page 32 Banking leadership in Central and Eastern Europe (2) APPENDIX: ERSTE GROUP STRATEGY Retail banking Corporate banking Capital markets Public sector Interbank business Eastern part of EU Focus on CEE, limited exposure to other Europe Acting as financial health advisor for the people in our region Support customers to build up and secure wealth Active management of customer journeys to increase customer satisfaction and profitability Focus on customer business, including customer-based trading activities In addition to core markets, presences in Germany, New York and Hong Kong with institutional client focus and selected product mix Building debt and equity capital markets in CEE Financing sovereigns and municipalities with focus on infrastructure development in core markets Any sovereign holdings are held for market-making, liquidity or balance sheet management reasons SME and large corporate banking Advisory services, with focus on providing access to capital markets and corporate finance Transaction banking services (trade finance, factoring, leasing) Commercial real estate business Focus on banks that operate in the core markets Any bank exposure is only held for liquidity or balance sheet management reasons or to support client business Developing innovative financial health propositions Driving efficiency through digitisation Providing everyone with access to financial expertise and financial advice Expanding through organic and inorganic growth Building a distinctive brand identity
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Page Gross retail loans 33 Retail deposits Gross corporate loans Corporate deposits Commanding market shares across the CEE region APPENDIX: MARKET SHARES 21.7% 10.7% 27.0% 24.6% 16.9% 11.5% 16.2% 6.7% 22.1% 10.7% 26.9% 24.8% 17.3% 11.7% 16.2% 6.7% 22.1% 10.7% 26.9% 24.6% 17.4% 11.9% 16.3% 6.4% AT CZ SK RO HU HR RS PL 31/12/24 30/09/25 31/12/25 24.7% 9.7% 22.6% 20.5% 11.6% 6.2% 21.9% 7.1% 24.9% 9.5% 23.5% 20.8% 11.9% 6.0% 20.6% 7.6% 24.8% 9.4% 23.0% 20.8% 11.7% 6.0% 21.0% 7.7% AT PL CZ SK RO HU HR RS 24.6% 12.9% 24.2% 27.2% 12.5% 10.4% 15.1% 5.6% 24.7% 12.5% 23.9% 27.6% 12.4% 10.7% 15.1% 5.4% 24.7% 12.6% 23.5% 27.6% 12.3% 10.9% 15.1% 5.4% AT PL CZ SK RO HU HR RS 22.7% 11.4% 13.9% 16.5% 11.3% 7.1% 20.8% 7.3% 22.4% 11.3% 14.9% 16.9% 11.8% 7.0% 21.4% 7.3% 23.2% 11.3% 14.2% 16.0% 11.7% 7.2% 20.9% 7.0% AT CZ SK RO HU HR RS PL 31/12/24 30/09/25 31/12/25 The acquisition of a controlling stake in Erste Bank Polska was completed in January 2026
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Page 34 Strong track record of profitability APPENDIX: ERSTE GROUP FINANCIALS/PROFIT AND LOSS ACCOUNT in EUR million 2024 2025 YOY-Δ Q4 24 Q3 25 Q4 25 YOY-Δ QOQ-Δ Net interest income 7,528.3 7,788.4 3.5% 1,937.6 1,974.6 2,027.4 4.6% 2.7% Interest income 15,352.9 13,693.3 -10.8% 3,683.0 3,406.9 3,249.0 -11.8% -4.6% Other similar income 3,756.5 2,913.9 -22.4% 823.3 693.7 723.1 -12.2% 4.2% Interest expenses -7,548.7 -5,989.8 -20.7% -1,740.7 -1,453.7 -1,272.1 -26.9% -12.5% Other similar expenses -4,032.5 -2,829.0 -29.8% -828.0 -672.2 -672.6 -18.8% 0.1% Net fee and commission income 2,937.6 3,190.5 8.6% 779.7 798.4 850.4 9.1% 6.5% Fee and commission income 3,454.3 3,810.3 10.3% 913.9 961.4 1,010.4 10.6% 5.1% Fee and commission expenses -516.7 -619.8 19.9% -134.2 -163.0 -159.9 19.2% -1.8% Dividend income 39.4 35.9 -8.9% 4.8 2.9 4.1 -14.4% 40.6% Net trading result 519.1 312.8 -39.8% 90.8 89.8 82.1 -9.6% -8.6% Gains/losses from financial instruments measured at fair value through profit or loss -82.0 106.6 n/a -12.0 -1.8 49.0 n/a n/a Net result from equity method investments 26.6 46.0 73.1% 11.4 9.9 12.7 11.1% 29.0% Rental income from investment properties & other operating leases 209.5 178.6 -14.7% 46.7 44.7 46.1 -1.3% 3.1% Personnel expenses -3,202.4 -3,334.9 4.1% -884.4 -824.1 -886.3 0.2% 7.5% Other administrative expenses -1,529.2 -1,687.9 10.4% -443.1 -398.7 -481.5 8.7% 20.8% Depreciation and amortisation -547.3 -560.1 2.3% -142.2 -139.5 -147.0 3.4% 5.4% Gains/losses from derecognition of financial assets measured at amortised cost -89.9 -49.4 -45.0% -63.0 -10.3 -26.0 -58.7% >100.0% Other gains/losses from derecognition of financial instruments not measured at fair value through profit or loss -1.0 8.7 n/a -4.3 14.0 -3.6 -17.3% n/a Impairment result from financial instruments -397.0 -477.7 20.3% -185.6 -136.5 -159.3 -14.2% 16.7% Other operating result -414.3 -157.5 -62.0% -125.4 -28.6 54.0 n/a n/a Levies on banking activities -244.6 -371.8 52.0% -51.0 -86.9 -87.9 72.4% 1.2% Pre-tax result from continuing operations 4,997.3 5,400.0 8.1% 1,011.3 1,394.9 1,422.3 40.6% 2.0% Taxes on income -1,052.5 -1,102.8 4.8% -235.4 -285.9 -287.3 22.1% 0.5% Net result for the period 3,944.7 4,297.2 8.9% 775.9 1,108.9 1,134.9 46.3% 2.3% Net result attributable to non-controlling interests 819.4 787.7 -3.9% 166.5 207.8 191.2 14.8% -8.0% Net result attributable to owners of the parent 3,125.3 3,509.6 12.3% 609.4 901.1 943.8 54.9% 4.7% Operating income 11,178.5 11,658.9 4.3% 2,859.1 2,918.5 3,072.0 7.4% 5.3% Operating expenses -5,278.9 -5,582.9 5.8% -1,469.6 -1,362.3 -1,514.8 3.1% 11.2% Operating result 5,899.6 6,076.0 3.0% 1,389.5 1,556.2 1,557.2 12.1% 0.1% Year-to-date view Quarterly view
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Page 35 Strong balance sheet dominated by customer loans APPENDIX: ERSTE GROUP FINANCIALS/BALANCE SHEET/ASSETS in EUR million Dec 24 Mar 25 Jun 25 Sep 25 Dec 25 YOY-Δ YTD-Δ QOQ-Δ Cash and cash balances 25,129 23,940 27,652 25,345 27,573 9.7% 9.7% 8.8% Financial assets held for trading 11,463 10,811 8,688 7,911 9,377 -18.2% -18.2% 18.5% Derivatives 1,226 1,032 1,230 948 829 -32.4% -32.4% -12.6% Other financial assets held for trading 10,236 9,779 7,459 6,963 8,548 -16.5% -16.5% 22.8% Non-trading financial assets at fair value through profit and loss 3,040 3,108 3,171 3,305 3,833 26.1% 26.1% 16.0% Equity instruments 464 453 474 500 523 12.5% 12.5% 4.5% Debt securities 1,468 1,485 1,479 1,507 1,786 21.7% 21.7% 18.5% Loans and advances to banks 0 0 0 0 0 n/a n/a n/a Loans and advances to customers 1,108 1,171 1,218 1,298 1,524 37.6% 37.6% 17.4% Financial assets at fair value through other comprehensive income 9,498 9,811 9,870 9,093 9,181 -3.3% -3.3% 1.0% Equity instruments 109 111 104 105 113 3.5% 3.5% 8.2% Debt securities 9,388 9,700 9,767 8,989 9,068 -3.4% -3.4% 0.9% Financial assets at amortised cost 288,894 294,303 295,280 300,814 301,707 4.4% 4.4% 0.3% Debt securities 52,889 56,596 57,937 58,217 58,655 10.9% 10.9% 0.8% Loans and advances to banks 26,972 26,770 22,818 23,965 20,827 -22.8% -22.8% -13.1% Loans and advances to customers 209,034 210,938 214,526 218,632 222,225 6.3% 6.3% 1.6% Finance lease receivables 5,248 5,259 5,328 5,306 5,290 0.8% 0.8% -0.3% Hedge accounting derivatives 181 190 205 194 231 28.0% 28.0% 19.2% Fair value changes of hedged items in portfolio hedge of interest rate risk -19 -31 -25 -33 -64 >100.0% >100.0% 92.3% Property and equipment 2,754 2,742 2,749 2,802 2,941 6.8% 6.8% 5.0% Investment properties 1,678 1,734 1,823 1,837 1,913 14.0% 14.0% 4.1% Intangible assets 1,382 1,366 1,387 1,390 1,413 2.2% 2.2% 1.6% Investments in associates and joint ventures 280 291 390 397 465 65.9% 65.9% 17.3% Current tax assets 45 67 67 74 84 86.2% 86.2% 14.3% Deferred tax assets 266 239 212 223 171 -35.7% -35.7% -23.5% Assets held for sale 154 157 254 256 211 37.4% 37.4% -17.6% Trade and other receivables 2,677 2,702 2,910 2,742 2,946 10.0% 10.0% 7.4% Other assets 1,066 1,314 1,109 1,194 1,301 22.0% 22.0% 8.9% Total assets 353,736 358,003 361,072 362,851 368,574 4.2% 4.2% 1.6% Quarterly data Change
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Page 36 Liabilities dominated by retail deposits APPENDIX: ERSTE GROUP FINANCIALS/BALANCE SHEET/ EQUITY AND LIABILITIES in EUR million Dec 24 Mar 25 Jun 25 Sep 25 Dec 25 YOY-Δ YTD-Δ QOQ-Δ Financial liabilities held for trading 1,821 2,094 2,729 2,538 2,412 32.4% 32.4% -5.0% Derivatives 1,149 1,152 1,384 1,146 1,092 -5.0% -5.0% -4.7% Other financial liabilities held for trading 672 942 1,345 1,393 1,321 96.4% 96.4% -5.2% Financial liabilities at fair value through profit or loss 10,281 10,209 10,199 10,194 9,857 -4.1% -4.1% -3.3% Deposits from customers 115 124 158 162 174 50.9% 50.9% 7.6% Debt securities issued 10,030 9,945 9,911 9,883 9,268 -7.6% -7.6% -6.2% Other financial liabilities 136 139 131 149 415 >100.0% >100.0% >100.0% Financial liabilities at amortised cost 305,332 307,952 309,614 310,326 316,168 3.5% 3.5% 1.9% Deposits from banks 21,261 16,588 15,368 15,830 16,919 -20.4% -20.4% 6.9% Deposits from customers 241,535 246,025 248,341 247,649 252,817 4.7% 4.7% 2.1% Debt securities issued 41,859 44,348 44,898 45,952 45,604 8.9% 8.9% -0.8% Other financial liabilities 676 991 1,007 896 829 22.6% 22.6% -7.5% Lease liabilities 691 700 708 701 721 4.4% 4.4% 3.0% Hedge accounting derivatives 194 188 188 194 170 -12.2% -12.2% -12.3% Fair value changes of hedged items in portfolio hedge of interest rate risk 0 0 0 0 0 0.0% 0.0% 0.0% Provisions 1,626 1,677 1,622 1,586 1,416 -12.9% -12.9% -10.7% Current tax liabilities 241 314 310 300 323 34.0% 34.0% 7.5% Deferred tax liabilities 31 35 42 42 52 64.1% 64.1% 21.4% Liabilities associated with assets held for sale 93 89 114 98 84 -9.2% -9.2% -13.7% Other liabilities 2,658 2,920 2,944 3,108 2,706 1.8% 1.8% -12.9% Total equity 30,767 31,826 32,603 33,763 34,665 12.7% 12.7% 2.7% Equity attributable to non-controlling interests 7,633 7,832 7,956 8,168 8,367 9.6% 9.6% 2.4% Additional equity instruments 2,688 2,688 3,682 3,682 3,479 29.5% 29.5% -5.5% Equity attributable to owners of the parent 20,447 21,306 20,965 21,913 22,819 11.6% 11.6% 4.1% Subscribed capital 821 821 821 821 821 0.0% 0.0% 0.0% Additional paid-in capital 1,516 1,516 1,516 1,516 1,516 0.0% 0.0% 0.0% Retained earnings and other reserves 18,110 18,969 18,627 19,575 20,481 13.1% 13.1% 4.6% Total liabilities and equity 353,736 358,003 361,072 362,851 368,574 4.2% 4.2% 1.6% Quarterly data Change
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Page 37 Capital requirements for 2026 slightly up on higher buffers APPENDIX: REGULATORY CAPITAL POSITION/REQUIREMENT (SREP – SUPERVISORY REVIEW AND EVALUATION PROCESS) Buffer to MDA restriction as of 31 Dec 2025: 769 bps Available distributable items (ADI) as of 31 Dec 2025: EUR 7.8bn (post dividend for the fiscal year 2025); based on CRR II, which allows additional own funds components to be included, ADIs are at EUR 10.2bn 1. Planned values based on Q4 2025 exposure. 2. As of end of May 2021 Art. 70b (7) ABA applies using P2R according to the capital stack: 56.25% for CET1 capital and 75% for Tier 1 capital. The overall P2R increased from 1.90% to 2.00% as of 1.1.2025. 3. Consolidated capital ratios pursuant to IFRS on phased-in basis. Unconsolidated capital ratios pursuant to IFRS as of Dec 2025. ADIs pursuant to Austrian Commercial Code (UGB). 4. Implemented as of 1.7.2025. YE 26 estimate based on Q4 25 exposure and assuming a commercial real estate buffer of 2%. 2023 2024 YE 2025 YE 2026 2023 2024 YE 2025 YE 2026 Pillar 1 CET1 requirement 4.50% 4.50% 4.50% 4.50% 4.50% 4.50% 4.50% 4.50% Combined buffer requirement 5.46% 5.63% 6.03% 6.14% 5.31% 5.32% 5.46% 5.54% Capital conservation buffer (CCB) 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% Countercyclical capital buffer (CCyB) 1) 0.71% 0.63% 0.70% 0.73% 0.56% 0.57% 0.69% 0.76% OSII buffer 1.25% 1.50% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% Systemic risk buffer (SRB) 1.00% 1.00% 1.00% 1.00% 0.50% 0.50% 0.50% 0.50% sectoral Systemic risk buffer for CRE (sSRB)4) 0.08% 0.16% 0.04% Pillar 2 CET1 requirement (P2R) 2) 0.98% 1.07% 1.13% 1.13% 0.98% 1.07% 1.13% 1.13% Pillar 2 CET1 guidance (P2G) 1.00% 1.00% 1.00% 1.00% 0.00% 1.00% 1.00% 1.00% Regulatory minimum ratios excluding P2G CET1 requirement 10.95% 11.19% 11.65% 11.77% 10.80% 10.89% 11.08% 11.17% Regulatory minimum ratios including P2G CET1 requirement 11.95% 12.19% 12.65% 12.77% 10.80% 11.89% 12.08% 12.17% Reported CET1 ratio as of December 2025 19.34% 31.72% 3) Erste Group Consolidated Erste Group Unconsolidated
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Page & local subsidiaries & local subsidiaries & local subsidiaries & local subsidiaries & local subsidiaries 38 MREL compliance at point of entry level (bail-in) APPENDIX: MULTIPLE POINT OF ENTRY (MPE) RESOLUTION STRATEGY & Savings Banks + other subs Erste Group Bank AG Resolution Groups * Česká spořitelna Slovenská sporiteľňa Erste Bank Hungary Banca Comercială Română Erste Bank Croatia Erste Group follows an MPE resolution strategy with each resolution group issuing its external MREL debt 100% 69.3%** 100% 99.9% 100% * Through indirect participation of Erste Group Bank AG (Holding) in Banka Sparkasse d.d., Slovenia: defined as a separate MPE resolution group from Q2 24 (previously part of the Austrian resolution group) and subject to an MREL requirement from 1.7.2025 ** Erste Bank Croatia: direct stake of 59%; indirect stake through Steiermärkische Sparkasse
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Page MREL capacity based on TREA (RWA)* Key take-aways Erste Group adopted multiple point of entry (MPE) resolution approach − In Q2 25, Erste Group Bank AG received its MREL requirement calibrated on 31 Dec 2023 balance sheet data − From 6 May 2025, Erste Group Bank AG, as the resolution entity of the Austrian resolution group, must comply with a MREL requirement of 28.52% of TREA (excl. CBR) and 9.85% of Leverage Ratio Exposure (LRE). In addition, the subordination requirement is set at 13.50% (excl. CBR) of TREA and 6.28% of LRE, respectively. − As of Q4 25 the Combined Buffer Requirement (CBR) of the Austrian Resolution Group is 5.75% of TREA − Based on the Austrian resolution group’s RWAs as of Dec 2025 of approx. EUR 88.1bn, the current MREL ratio stands at 46.34%, thereof 34.03% being subordinated eligible liabilities. As of Q4 25 the AT resolution group is compliant with the MREL and subordination requirements (TREA and LRE- based) to be fulfilled from 6 May 2025 − Potential changes in the MREL requirement will be reflected in Erste Group Bank AG’s funding plan as to ensure compliance with MREL & subordination targets 39 Austrian resolution group: MREL requirement based on RWA fulfilled APPENDIX: DETAILS ON AUSTRIAN RESOLUTION GROUP 3.96% 4.69% 24.97% 0.41% 12.31% Dec 25 CET1 AT1 T2 Other subordinated > 1yr Other Senior Unsec > 1yr Fully-loaded MREL target** from 6.5.2025: 34.27% Subordination target** from 6.5.2025: 19.25% 46.34% in % * TREA… total risk exposure amount ** Target including the Combined Buffer Requirement (CBR)
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Page MPE resolution groups MREL issuance plan (by year-end 2026) 40 Multiple point of entry (MPE) resolution strategy − 7 MPE resolution groups − 4 (AT, SK, HR; SI*) covered by the Single Resolution Board − 3 (CZ, RO, HU) covered by the respective National Resolution Authority Features of the Austrian resolution group − Covers parent company (Holding), EBOe and savings banks − Not considered a legal entity or reporting unit, hence there is neither a statutory reporting nor a capital requirement More than EUR 4.8bn MREL-related CEE issuances placed in domestic and euro markets in 2024, 2025 and 2026 − Holding: ~EUR 4.3bn PS (thereof latest EUR 750m PS benchmark in Feb 26) − CZ: ~EUR 2.0bn, thereof 4 international EUR 500m NPS (Q1 24, Q3 24, Q3 25 and Q1 26) − SK: ~EUR 0.5bn PS (predominantly domestic issuances) − RO: ~EUR 0.8bn, thereof 1 domestic RON 1.1bn NPS sub-benchmark and 1 international EUR 500m NPS benchmark in Q4 25 − HU: ~EUR 1.1bn PS (thereof domestic EUR 0.7bn and 1 international EUR 400m sub-benchmark in Q1 26) − HR: ~EUR 0.4bn PS (1 sub-benchmark EUR 400m in Q1 24) MREL issuance progresses to plan APPENDIX: MULTIPLE POINT OF ENTRY (MPE) RESOLUTION STRATEGY 28 26 17 14 28 11 13 7 6 AT CZ SK RO HR HU 211 88 84 Total assets Total RWA ~2,000 – 3,000 Holding CZ SK RO HR HU ~500-650 ~300-400 ~400-550 ~300-400 ~400-550 in EUR bn, as of Dec 2025 in EUR m *) SI: indirect participation of Erste Group Bank AG AG (Holding) and until YE 2023 part of the Austrian resolution group; formally defined as an MPE resolution group from Q2 24 and subject to an MREL requirement as of 1.7.2025
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Page Gross customer loans by industry 41 By currency By business segment By interest rate By risk category Erste Group benefits from a highly diversified loan book APPENDIX: GROSS CUSTOMER LOANS BY RISK CATEGORY, CURRENCY AND INDUSTRY 5.8 7.3 5.9 5.7 7.2 8.5 8.4 8.6 8.4 42.5 92.7 31/12/24 0.0 4.4 4.3 3.70.1 4.6 9.3 5.9 8.4 5.9 5.6 3.9 7.4 3.6 9.2 10.0 8.9 9.4 8.7 100.5 31/12/25 222.2 236.0 43.6 Other Machinery Financial institutions TMT Transportation Energy Automotive Cyclical consumer products Non-cyclical consumer products Construction and building materials Public sector Healthcare & services Hotels & leisure industry Natural resources & commodities Real estate Private households 74% 73% 22% 24%1% 1% 1% 1%2% 31/12/24 1% 31/12/25 Other CHF USD CEE-LCY EUR 79% 79% 15% 15% 3% 2%4% 31/12/24 4% 31/12/25 Non-performing Substandard Management attention Low risk 56% 55% 44% 45% 31/12/24 31/12/25 Fixed Variable 35% 36% 37% 36% 27% 27% 0% 31/12/24 0% 31/12/25 Other Savings banks Corporate Retail in EUR bn
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Page Sound lending standards − Income producing projects (>80%) − Ring-fenced, A-class buildings in prime locations with risk-mitigating structures − Highly collateralised business with conservative valuation approach (application of valuation haircuts) and LTVs in the 50 -60% range Diversified strong portfolio with some market-specific headwinds in Austria − ~ 40% of exposure is related to AT-focused residential real estate (RRE) with a high share of low risk, state-subsidised non-profit housing associations (NPHAs) − Commercial real estate (CRE) is well-diversified and performs well, heavily weighted towards lower risk economies, such as AT and CZ − Decrease in CRE yields supported prices, office vacancy rates showed a positive momentum over the last 12 months − Other real estate relates mainly to multipurpose, small RRE and CRE projects, typically in the minority-owned savings banks (>65%) 42 Real estate gross exposure as of Q4 25 (EUR 52.6bn) (Asset location view, in EUR bn) Real estate snapshot APPENDIX: CREDIT RISK/EXPOSURE HIGHLIGHT: REAL ESTATE (RE) 5.8 2.0 4.5 8.2 AT/EBOe + Holding AT/SB CZ SK RO HU HR PL DE Other 14.7 16.4 5.6 2.2 2.0 1.4 1.6 2.1 1.5 4.9 Other categories Tourism Retail Office Logistic/Industrial RRE RRE - NPHANon-profit housing associations with top asset quality track record Income-producing residential exposures with conservative risk profile and high collateralisation ~1/3 of total exposure belongs to minority-owned savings banks
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Page Financial assets – geographic view in EUR bn Financial assets – accounting view 43 AC by issuer and currency Financial assets/securities are geographically well-diversified − Main rationale is maintenance of strong levels of highly liquid assets − Focus on Erste Group core markets − Largest exposure is to Czech sovereign Amortised cost portfolio as at Q4 25 − Amounts to EUR 58.7bn or 84% of total financial assets − Portfolio duration: 3.8 years − Portfolio yield: 2.9% − Rolling maturities are re-invested at higher yields − Focus on euro driven by investments in core markets (AT, SK) as well as other euro zone exposures − Focus on strong ratings: ~85% A or higher, ~15% BBB Securities portfolio contributes to net interest income APPENDIX: FINANCIAL ASSET DRILL-DOWN 15.9 31/12/24 12.1 17.0 7.5 6.7 3.8 2.0 2.8 10.1 30/09/25 12.1 17.2 7.6 6.4 4.0 15.7 2.0 7.3 2.9 6.1 17.9 31/12/25 3.6 17.4 2.5 64.2 69.2 70.0 3.0 +9.1% AT CZ RO SK HU US DE Other 13% 84% 3% EUR 70.0 bn FVPL FVOCI Amortised cost 57%25% 7% 5% 4% 1% EUR CZK RON HUF RSD USD Other EUR 58.7 bn 85% 12% 3% EUR 58.7 bn GOVT BANK CORP
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Page APPENDIX: ESG PROFILE (1)/ESG STRATEGY OF ERSTE GROUP 44 Erste Group’s sustainability strategy is centered on two main pillars Supporting the Green Transition Erste Group’s primary environmental impact arises from its lending activities and the resulting financed emissions. Supporting clients on their decarbonisation pathways is therefore the most important lever. As part of the environmental pillar of its sustainability strategy, Erste Group • has the ambition to achieve a net-zero status of its portfolio by 2050, • aims to achieve a net-zero status in banking operations by 2030 and • maintains a strong role in sustainable financing across CEE by funding climate action and adaptation. Promoting Social Inclusion Erste Group’s social impact is shaped by its interactions with employees, customers and communities. Ethical conduct and strong compliance form the foundation for long-term trust and organisational stability. As part of the social pillar of its sustainability strategy, Erste Group • boosts financial inclusion with social banking • helps customers gain financial health and literacy • promotes diversity, including gender diversity and • fosters good ethical conduct and compliance Strong ESG ratings AA (6.0)2024 Low Risk 16.0 / 100 C “Prime” 55.69 B+ 2025 AA (5.9) Low Risk 14.2 / 100 C “Prime” 55.7 B
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Page 45 Portfolio towards our environmental targets APPENDIX: ESG PROFILE (2)/ENVIRONMENT – NET-ZERO TARGET SETTING 1) as defined in Erste Group’s Sustainable Finance Guideline 2) volume represents the Carbon Footprint Calculation on-balance exposure as of that is in scope of the decarbonisation targets (incl. savings banks) Volume 2) as of Dec 25 Sector Metric Methodology Scenario/ pathway Emissions scope Year Value 2030 reduction in EUR bn Mortgages kgCO2e/m² internal model XDC ITR 2.2°C 1+2 2024 45.2 32.1 -29% Commercial real estate kgCO2e/m² internal model XDC ITR 1.7°C 1+2 2024 32.9 21.9 -34% Electricity production kgCO2e/MWh PACTA IEA NZE2050 1+2 2022 357.1 182.7 -49% Heat & steam production thousand tCO2e SBTiAC IEA NZE2050 1+2 2022 1,614.3 924.0 -43% Oil and gas extraction thousand tCO2e PACTA IEA NZE2050 1+2+3 2023 1,020.4 923.7 -9% Automotive production gCO2e/km PACTA IEA NZE2050 1+2+3 2023 169.8 103.6 -39% Iron and steel production tCO2e/t steel PACTA IEA NZE2050 1+2 2023 1.5 1.1 -24% Cement production tCO2e/t cement SBTiSDA IEA NZE2050 1+2 2023 0.6 0.5 -19% 1.0 Baseline Targets 121.9 4.6 Sustainable finance corporate New specific purpose Sustainable Financing1 Committed amount (total), Dec 2025 in EUR m Construction and real estate 3,515 Renewable energy 732 Transportation 82 Other Corporate 675 Total 5,004 Financed emissions Scope 3, financed emissions, covering EUR 198.3bn exposure 246 gCO2e/€ financing low emission intensity 13.5 million tonnes of CO2e total financed emissions Scope 1 and 2 35.3 million tonnes of CO2e total financed emissions Scope 3 Portfolio net-zero target setting Following recent enhancements to the Carbon Footprint calculation and the updated National Energy and Climate plans, Erste Group has adapted its baseline for decarbonisation pathways for mortgages and commercial real estate portfolios in Q4 2025
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Page By investor By region 46 Notes to shareholder structure − Foundations include Erste Employees Private Foundation, Syndicated Savings Banks Foundations, own holdings of Savings Banks − Identified Trading includes market makers, prime brokerage, proprietary trading, collateral and stock lending positions which are visible throug h custodian bank lists − Unidentified include unidentified institutional and retail investors − The shareholder structure may contain rounding differences Erste Group benefits from strong and well-diversified shareholder base APPENDIX. SHAREHOLDER STRUCTURE 6.01% 12.59% 3.59% 4.27% 5.71% 57.61% 5.05% 4.92% 0.25% 32.36% 28.75% 15.15% 16.36% 2.21% 0.25% 4.92% Austria North America UK & Ireland Continental Europe Rest of world Identified Trading Unidentified Status as of 31 December 2025 Erste Foundation direct Sparkassen Beteiligungs GmbH & Co KG Foundations Wiener Städtische Versicherungsverein Retail Institutional BlackRock Inc. Identified Trading Unidentified
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Page 47 Erste Group Bank AG boasts strong issuer ratings APPENDIX: CREDIT RATINGS Status as of 29 November 2024 Asset Risk baa1 Capital baa1 Profitability baa3 Funding Structure a2 Liquid Resources baa1 Business Diversification 0 Opacity and Complexity 0 Corporate Behaviour 0 BCA Baseline Credit Assessment baa1 Affiliate Support 0 Adjusted BCA baa1 LGF Loss Given Failure + 2 Government Support +1 Qualitative Factors Financial Profile + + = Senior Unsecured Lo ng-T erm / Outlo o k / Sho rt-T erm A1 / Stable / P-1 = + = A / Stable / F1 VR - Viability Rating (Individual Rating ) a SRF - Support Rating Floor NF (No Floor) IDR - Issuer Default Rating Lo ng-T erm / Outlo o k / Sho rt-T erm Anchor Business position Strong +1 Capital and earnings Strong +1 Risk position Adequate 0 Funding Strong Liquidity Strong -1 Support ALAC Support GRE Support Group Support Sovereign Support Additional Factors SACP - Stand-Alone Credit Profile a +1 0 + bbb+ +1 ▲ ▲ +1 CRA adjustment = Issuer Credit Rating Lo ng-T erm / Outlo o k / Sho rt-T erm A+ / Positive / A-1 0 0 0 +
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Page 48 Geographical/operating and business segment view (as of Dec 2025) APPENDIX: SEGMENT REPORTING STRUCTURE Erste Group – Geographical/operating segments Austria Central and Eastern Europe Other EBOe & Subsidiaries (AT/EBOe) Savings Banks (AT/SB) Other Austria (AT/OA) Czech Republic (CZ) Slovakia (SK) Romania (RO Hungary (HU) Croatia (HR) Serbia (RS) − Holding Business − Erste Group Immorent − Erste Asset Management − Intermarket Bank AG − Holding ALM − Holding CC − Other Subsidiaries − Group bookings and IC elimination − Free Capital Retail Erste Group – Business segments Corporates Savings Banks Group Markets Group Corporate Center − Intragroup − Elimination − Asset/Liability Management − Local Corporate Center − SME − Large Corporate − Commercial Real Estate − Public Sector − Other Subsidiaries − Group bookings − Holding Corporate Center − Free Capital ALM & Local CC (ALM&LCC)
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Page IR Team Role Phone Email Catherina Frass IR Assistant +4350100 17731 catherina.frass@erstegroup.com Gerald Krames IR Manager +4350100 12751 gerald.krames@erstegroup.com Peter Makray IR Manager +4350100 16878 peter.makray@erstegroup.com Alexandra Negrin IR Assistant +4350100 17741 alexandra.negrin@erstegroup.com Monika Peraus IR Analyst +4350100 11282 monika.peraus@erstegroup.com Simone Pilz IR Manager +4350100 13036 simone.pilz@erstegroup.com Thomas Sommerauer Head of Group IR +4350100 17326 thomas.sommerauer@erstegroup.com 49 Erste Group IR contact details APPENDIX: INVESTOR RELATIONS CONTACTS AND SHARE INFO Further contact details Postal address Erste Group Bank AG, Am Belvedere 1, 1100 Vienna General email investor.relations@erstegroup.com Web address www.erstegroup.com/investorrelations ISIN, Bloomberg and Reuters codes AT0000652011, EBS AV, ERST.VI