Slides
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Earnings Presentation Full Year 2025 & 4Q25 February 5th, 2026
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2025: Once again delivering market leadership and financial outperformance 2 Leader in Financial Results1 #1 in Net Income & ROAA #1 in Net Fees #1 NIM #1 in Assets Under Management Banchile Mutual Funds 22.5% Mkt Share Largest Market Capitalization1 USD 19.5 Bn 1. Among peer banks: Santander Chile, BCI, Itaú Chile, Scotiabank. 2. Source: Adimark. 2025 Awards Most Capitalized Bank1 CET 1 Ratio: 14.5% Best Customer Service #1 in Service Quality #1 in Top of Mind2 Banchile Pagos New Subsidiary for acquiring business #1 Customer Experience Praxis Xperience Index Highest Avg. Trading Volume USD 25.4 MM Best Corporate Governance La Voz del Mercado #1 Bank in Customer Satisfaction Procalidad #1 Best Bank to work in Chile Merco Chile Best Bank in Chile Global Finance Cost Management Delivering a 3.5% real reduction in operating expenses Strong Risk Indicators1 223% Coverage Ratio $631 Bn Add. Provisions
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Economic & Banking Industry Overview Camino La Pólvora
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Domestic demand becomes the key driver of growth 4 Consumer Confidence Pts Exports and Gross Investment YoY, % GDP and Demand Growth YoY, % Source: Central Bank of Chile, National Institute of Statistics. 1.6% 5.8% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% Sep-22 Nov-22 Jan-23 Mar-23 May-23 Jul-23 Sep-23 Nov-23 Jan-24 Mar-24 May-24 Jul-24 Sep-24 Nov-24 Jan-25 Mar-25 May-25 Jul-25 Sep-25 GDP Domestic Demand -0.02% 10.0% -15% -10% -5% 0% 5% 10% 15% Sep-22 Nov-22 Jan-23 Mar-23 May-23 Jul-23 Sep-23 Nov-23 Jan-24 Mar-24 May-24 Jul-24 Sep-24 Nov-24 Jan-25 Mar-25 May-25 Jul-25 Sep-25 Exports Gross Investment 10 20 30 40 50 60 70 Sep-22 Nov-22 Jan-23 Mar-23 May-23 Jul-23 Sep-23 Nov-23 Jan-24 Mar-24 May-24 Jul-24 Sep-24 Nov-24 Jan-25 Mar-25 May-25 Jul-25 Sep-25 Nov-25 1Y ahead Current
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A stronger CLP contributes to normalizing inflation and rates 5Source: Central Bank of Chile, Bloomberg. Note: Multilateral Dollar is measured by the DXY Index. CLP and Multilateral Dollar CLP/ USD; Index Overnight Rate % Headline and Ex Volatile CPI YoY, % 3.3% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 CPI CPI ex volatile 3.5% 4.5% 0% 2% 4% 6% 8% 10% 12% Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Oct-23 Jan-24 Apr-24 Jul-24 Oct-24 Jan-25 Apr-25 Jul-25 Oct-25 Jan-26 80 90 100 110 120 600 700 800 900 1000 1100 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Oct-23 Jan-24 Apr-24 Jul-24 Oct-24 Jan-25 Apr-25 Jul-25 Oct-25 Jan-26 CLP DXY (right axis)
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Chile: Baseline Scenario 6 Banco de Chile’s Forecast YoY, % Source: Central Bank of Chile, Banco de Chile. 2020 2021 2022 2023 2024 2025 2026f GDP -6.1 11.3 2.2 0.5 2.6 2.5 2.4 Consumption -6.6 19.4 2.5 -3.5 1.4 3.0 2.4 Investment -10.8 16 4.6 -0.1 -1.4 5.5 4.3 Exports -0.9 -1.5 0.8 0.1 6.6 4.6 1.8 Imports -12.3 31.9 1.3 -10.9 2.5 10.3 3.2 CPI 3.0 7.2 12.8 3.9 4.5 3.5 3.0 Overnight Rate (EOP) 0.5 4.00 11.25 8.25 5.00 4.50 4.25 Exchange Rate (EOP) 711 850 859 885 992 911 870 Fiscal Balance (% GDP) -7.3 -7.7 1.1 -2.4 -2.9 -2.0 -2.0 Current Account (% GDP) -1.9 -7.4 -8.9 -3.2 -1.4 -2.3 -2.0
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79% 82% 84% 84% 82% 87% 93% 92% 85% 86% 83% 78% 75% 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Banking industry results 7 2.5% 2.4% 2.4% 2.5% 2.5% 147% 149% 148% 143% 140% -1000% -800% -600% -400% -200% 0% 200% 4Q24 1Q25 2Q25 3Q25 4Q25 -0.2% 0.3% 0.8% 1.3% 1.8% 2.3% 2.8% 3.3% 3.8% NPL Coverage Total 1. Including additional provisions. 2. Excluding foreign subsidiaries. 3. GDP as of September 2025 (LTM). Quarterly Net Income Billions of CLP 1,220 1,440 1,430 1,321 1,213 14.3% 16.5% 16.3% 14.7% 13.2% 4Q24 1Q25 2Q25 3Q25 4Q25 1,000 1,050 1,100 1,150 1,200 1,250 1,300 1,350 1,400 1,450 1,500 Net Income ROAE Coverage1 and NPLs2 90d NPLs Ratio & Coverage Ratio Loans to GDP Ratio2,3 % Real Loan Growth by Product2 2019=100 Covid-19 Pandemic (Mar-20) 97.4 85.1 119.6 88.9 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Total Loans Consumer Mortgage Commercial
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Strategic Priorities and Advances Ciudad Antofagasta
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Our strategic framework and aspirations 1. ROAC: Return on Average Capital and Reserves. 2. Among relevant peers. 3. Excluding foreign subsidiaries. 4. Based on Merco Ranking. 9 Corporate Reputation4 Target: Top 3 Net Promoter Score Target: ≥73% Cost to Income Ratio Target: ≤40% Market Share2,3 Target: Top 1 Demand Deposits (LC) Top 1 Commercial Loans Top 1 Consumer Loans ROAC1 Target: Top 1 MID-TERM TARGETS 9 GovernanceandStrategicManagement Risk Management and Opportunities CommitmenttoChile Sustainable and Profitable Growth O u r S t r a t e g i c G o a l s Purpose Corporate Values Strategic Pillars Strategic Plan Integrity Commitment Respect Loyalty Prudence Responsibility Justice W ithEfficiencyand Productivity With the Customer in the center of our decisions WithSustainabilityand commitmenttoChile With Collaboration Efficiency “Fast, timely, secure and agile” Growth “Webuilda purpose- drivenleadership” CustomerExperience “Tobe thebestbankfor ourcustomers” Contribute to the development ofthe country, the people and companies DevelopingCulture, CapabilitiesandTalent Evolving in Customer Experience Developing Digital Solutions and Technological Adoption ConsolidatingEficiency andProductivity Boosting CommercialActivity M anaging Sustainability
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2025: Key business advances Social Bond Placement of ESG Bond in Switzerland for US$122 million to finance social projects FAN Digital Accounts 32% Cross selling* +24.5% YoY in # of Accounts +31.6% YoY in $ balances Building Leadership Consumer loan originations grew +7.2% YoY SME current account clients +11.5% YoY SME Non-Fogape Loans grew +9.4% YoY Efficiency & Productivity driven by digital sales, process automation, synergy with subsidiaries, branches optimization & cost management discipline AI Virtual Assistants Expansion of AI virtual assistants to support customers and employees boosting experience and productivity 4270 Project Initiative that captured Chile’s 4,270 kilometers in royalty free images, strengthening national identity and reinforcing our brand Talent & Capability Development driven by leadership and commercial training, talent mobility, a positive workplace climate & strong employee benefits Banchile Pagos New acquiring and processing credit and debit card company *Cross selling from FAN Accounts to current accounts. 10
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Full Year 2025 & 4Q25 Financial Results Isla de Pascua- Anakena
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1.7% 2.2% 1.6% 1.6% 1.1% 1.2% 2018 2019 2020 2021 2022 2023 2024 2025 BCH Santander BCI 12 298 293 266 4Q24 3Q25 4Q25 Net Income¹ Billions of CLP ROAC 23.8% 22.4% 20.4% UF Var. 1.3% 0.6% 0.6% Net Income Market Share % as of December 2025 1. Net income attributable to equity holders. 2. Data on proforma basis for the new local Compendium of Accounting Standards. UF Var. 2.9% 2.7% 2.7% 6.6% 13.3% 4.8% 4.4% 3.4% ROAA2 Return on Average Assets 22.1% 19.8% 18.4% 7.9% 7.7% BCH Santander BCI Itaú Scotiabank 1,207 1,192 2024 2025 23.1% 21.9% 4.4% 3.4% Once again leading results in the Chilean banking industry…
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605 630 632 173 105 116 778 736 749 4Q24 3Q25 4Q25 Non-customer Income Customer Income 13 Operating Revenues Billions of CLP UF Var. 1.3% 0.6% 0.6% NIM 5.2% 4.3% 4.4% NIM Net Interest Income/Avg. Interest Earnings Assets, Annualized 4.3% 4.6%4.3% 3.9% 3.5% 3.5% Average 2015-2019 2020 2021 2022 2023 2024 2025 BCH Santander BCI 6.1% 6.4% 5.3% 4.4% 5.8% 5.5% Average 2015-2019 2020 2021 2022 2023 2024 2025 Operating Margin Operating Income/Avg. Interest Earnings Assets, Annualized Fees Margin Fees/Avg. Interest Earnings Assets, Annualized 1.3% 1.3% 1.1% 0.7%1.0% 1.1% Average 2015-2019 2020 2021 2022 2023 2024 2025 2,405 2,506 645 520 3,050 3,026 2024 2025 4.4% 3.4% 4.9% 4.6% …with the best margins and solid customer growth. +4.2% -19.4% -0.8% YoY
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8,116 5,375 5,217 20,167 7,401 5,347 5,390 21,054 Corporate Large Companies SMEs Individuals Dec-25 Dec-24 Individuals 21,054 54%SMEs 5,390 14% Large Companies 5,347 13% Corporate 7,401 19% 20.1 20.2 19.5 13.2 13.8 13.9 5.6 5.5 5.8 38.9 39.6 39.2 4Q24 3Q25 4Q25 Commercial Mortgage Consumer 14 Total Loans Trillions of CLP +0.8% Loans by Segment Billions of CLP and %, as of December 2025 Loan Growth Breakdown by Segment Billions of CLP, as of December 2025 YoY -3.0% +5.3% +3.9% Wholesale Banking 12,748 32.5% Retail Banking 26,444 67.5% 8.8% 3.3% 4.4% 0.5% Stronger economic activity is supporting retail banking loan growth
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26.8% 25.8% 2.4% 20.0% 14.3% 10.7% 2025 14.4% 72.4% 0.9% 6.6% 5.8% 2025 HTM AFS Total Loans Other Best-in-Class deposit mix supporting superior low cost of funding structure 15 Balance Structure % over total assets Demand Deposits Debt Issued Other EquityTrading UF GAP Evolution in the Banking Book UF GAP in Billions of CLP Financial Institutions & Central Bank Assets Liabilities & S/E Liquidity Ratio Regulatory Limit December 2024 December 2025 LCR 100% 214% 198% NSFR 90% 120% 118% 37.0% 34.2% 28.2% 19.1% 17.8% BCH Santander BCI Itau Scotiabank Demand Deposits to Loans1 % of total loans 1. Excluding foreign subsidiaries. Savings Accounts and Time Deposits 6,843 6,774 7,685 8,074 8,051 8,302 8,511 8,982 9,694 8,955 8,339 8,841 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25
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Leading Capital Base: A distinct advantage to grow as the economy recovers 16 13.0% 13.7% 13.7% 14.4% 14.5% 9.2% 11.1% 11.1% 10.5% 11.0%9.9% 9.4% 11.1% 11.0% 11.5% 2021 2022 2023 2024 2025 Banco de Chile Santander BCI* CET1 Ratio Common Equity Tier 1 (CET1)/ Risk Weighted Assets (RWA) 12.5% 4.9% Industry* Basel III Ratio December 2025 *As of November 2025. 14.5% 11.0% 11.5% 3.8% 5.9% 4.3% BCH Santander BCI* CET 1 AT1 + TIER 2 18.3% 17.4%16.9% 15.8% Basel III Implementation in Chile Applicable for Banco de Chile
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837 788 928 1,341 631 107 219 179 223% 135% 134% 114% -1000.0% - 500 1,000 1,500 2,000 Banco de Chile Itau BCI Santander Add Prov Allowances for Loans Losses Coverage (Allowances for loan losses + Add Prov to NPLs) Expected Credit Losses Billions of CLP Provisions and Coverage Billions of CLP, as of December 2025 103 80 116 4Q24 3Q25 4Q25 1. Individual Financial Statements. Delinquency Ratio1 NPLs to Total Loans 1.2% 1.7% 2.2% 3.2% 1.7% 2.1% Average 2015-2019 2020 2021 2022 2023 2024 2025 Banco de Chile Santander BCI Cost of Risk 1.08% 0.80% 1.18% 1,468 1,520895 1,147 17 1.1% 1.7%1.9% 2.0% 1.1% 1.6%1.2% 1.7% Average 2015-2019 2020 2021 2022 2023 2024 2025 Commercial Consumer Mortgage Total BCH NPLs Composition NPLs to Total Loans Proven risk management supporting resilient asset quality 392 382 2024 2025 1.03% 0.97%
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Quarterly Variation in Total Expenses Billions of CLP 163 138 152 103 107 109 37 31 32 4Q24 3Q25 4Q25 Dep, Amort & Other Administrative Personnel Structural cost discipline supporting efficiency gains 18 Total Expenses Billions of CLP Efficiency vs Peers Operating expenses to Operating Income 4Q24 Personnel Administrative Dep, Amort & Other 4Q25 +5 (+5.1%) -4 (-12.1%) 293-11 (-7.0%)303 303 276 293 44.8% 37.4%42.5% 36.0% 50.9% 51.7% Average 2015-2019 2020 2021 2022 2023 2024 2025 Banco de Chile Santander BCI 583 570 417 430 133 131 2024 2025 1,133 1,131 -2.1% +3.1% -1.9% YoY -0.2%
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2025 Key takeaways • Chile continues to demonstrate solid and resilient macroeconomic fundamentals, supported by credible institutions, a sound financial system, and a stable policy framework. • For 2026, we expect an above trend growth (~2.4%) with a greater contribution from domestic demand, particularly in investment. There are upside risks in local GDP. • Banco de Chile remains the clear leader in profitability and capital strength. We posted $1,192 billion pesos in net income, with a CET1 ratio of 14.5%, ROAC 21.9% and ROAA of 2.2%. • Our guidance for FY2026: ROAC ~ (19% - 21%) Efficiency ~ 39% Cost of Risk ~ (1.1% - 1.2%) • We are confident in our capacity to continue being the most profitable bank in Chile in the long run, supported by the best customer base, superior asset quality, and strongest capital levels. Profitability and Capital Size of circle is ROAA, as of December 2025 0 200 400 600 800 1000 1200 1400 1600 9.5% 10.5% 11.5% 12.5% 13.5% 14.5% 15.5% Net Income (Billion CLP) CET1 Capital Ratio BSAN 1.6% BCI 1.2% BCH 2.2%$1,192 14.5% 19
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Appendix: Consolidated Balance Sheet Chilean GAAP- In millions of Chilean pesos (MCh$) and US dollars (MUS$) 20 These results have been prepared in accordance with Chilean GAAP on an unaudited, consolidated basis. All figures are expressed in nominal Chilean pesos (historical pesos), unless otherwise stated. All figures expressed in US dollars (except earnings per ADR) were converted using the exchange rate of Ch$900.40 per US$1.00 as of December 31, 2025. Earnings per ADR were calculated considering the nominal net income, the exchange rate and the number of shares outstanding at the end of each period. Banco de Chile files its consolidated financial statements, together with those of its subsidiaries, with the Financial Market Commission, on a monthly basis. In addition, Banco de Chile files its quarterly financial statements (notes included) with the SEC in form 6K, simultaneously or previously to file this quarterly earnings report. Such documentation is equally available at Banco de Chile’s website both in Spanish and English.
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Appendix: Consolidated Balance Sheet Chilean GAAP- In millions of Chilean pesos (MCh$) and US dollars (MUS$) 21 These results have been prepared in accordance with Chilean GAAP on an unaudited, consolidated basis. All figures are expressed in nominal Chilean pesos (historical pesos), unless otherwise stated. All figures expressed in US dollars (except earnings per ADR) were converted using the exchange rate of Ch$900.40 per US$1.00 as of December 31, 2025. Earnings per ADR were calculated considering the nominal net income, the exchange rate and the number of shares outstanding at the end of each period. Banco de Chile files its consolidated financial statements, together with those of its subsidiaries, with the Financial Market Commission, on a monthly basis. In addition, Banco de Chile files its quarterly financial statements (notes included) with the SEC in form 6K, simultaneously or previously to file this quarterly earnings report. Such documentation is equally available at Banco de Chile’s website both in Spanish and English.
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22 Appendix: Consolidated Statement of Income Chilean GAAP- In millions of Chilean pesos (MCh$) and US dollars (MUS$) These results have been prepared in accordance with Chilean GAAP on an unaudited, consolidated basis. All figures are expressed in nominal Chilean pesos (historical pesos), unless otherwise stated. All figures expressed in US dollars (except earnings per ADR) were converted using the exchange rate of Ch$900.40 per US$1.00 as of December 31, 2025. Earnings per ADR were calculated considering the nominal net income, the exchange rate and the number of shares outstanding at the end of each period. Banco de Chile files its consolidated financial statements, together with those of its subsidiaries, with the Financial Market Commission, on a monthly basis. In addition, Banco de Chile files its quarterly financial statements (notes included) with the SEC in form 6K, simultaneously or previously to file this quarterly earnings report. Such documentation is equally available at Banco de Chile’s website both in Spanish and English.
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23 Appendix: Consolidated Statement of Income Chilean GAAP- In millions of Chilean pesos (MCh$) and US dollars (MUS$) These results have been prepared in accordance with Chilean GAAP on an unaudited, consolidated basis. All figures are expressed in nominal Chilean pesos (historical pesos), unless otherwise stated. All figures expressed in US dollars (except earnings per ADR) were converted using the exchange rate of Ch$900.40 per US$1.00 as of December 31, 2025. Earnings per ADR were calculated considering the nominal net income, the exchange rate and the number of shares outstanding at the end of each period. Banco de Chile files its consolidated financial statements, together with those of its subsidiaries, with the Financial Market Commission, on a monthly basis. In addition, Banco de Chile files its quarterly financial statements (notes included) with the SEC in form 6K, simultaneously or previously to file this quarterly earnings report. Such documentation is equally available at Banco de Chile’s website both in Spanish and English.
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24 Appendix: Selected Statistical Information Chilean GAAP- In millions of Chilean pesos (MCh$) and US dollars (MUS$) These results have been prepared in accordance with Chilean GAAP on an unaudited, consolidated basis. All figures are expressed in nominal Chilean pesos (historical pesos), unless otherwise stated. All figures expressed in US dollars (except earnings per ADR) were converted using the exchange rate of Ch$900.40 per US$1.00 as of December 31, 2025. Earnings per ADR were calculated considering the nominal net income, the exchange rate and the number of shares outstanding at the end of each period. Banco de Chile files its consolidated financial statements, together with those of its subsidiaries, with the Financial Market Commission, on a monthly basis. In addition, Banco de Chile files its quarterly financial statements (notes included) with the SEC in form 6K, simultaneously or previously to file this quarterly earnings report. Such documentation is equally available at Banco de Chile’s website both in Spanish and English.
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25 Appendix: Selected Statistical Information Chilean GAAP- In millions of Chilean pesos (MCh$) and US dollars (MUS$) These results have been prepared in accordance with Chilean GAAP on an unaudited, consolidated basis. All figures are expressed in nominal Chilean pesos (historical pesos), unless otherwise stated. All figures expressed in US dollars (except earnings per ADR) were converted using the exchange rate of Ch$900.40 per US$1.00 as of December 31, 2025. Earnings per ADR were calculated considering the nominal net income, the exchange rate and the number of shares outstanding at the end of each period. Banco de Chile files its consolidated financial statements, together with those of its subsidiaries, with the Financial Market Commission, on a monthly basis. In addition, Banco de Chile files its quarterly financial statements (notes included) with the SEC in form 6K, simultaneously or previously to file this quarterly earnings report. Such documentation is equally available at Banco de Chile’s website both in Spanish and English.
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The information contained here in incorporates by reference statements which constitute ‘‘forward-looking statements,’’ in that they include statements regarding the intent, belief or current expectations of our directors and officers with respect to our future operating performance. Such statements include any forecasts, projections and descriptions of anticipated cost savings or other synergies. You should be aware that any such forward-looking statements are not guarantees of future performance and may involve risks and uncertainties, and that actual results may differ from those set forth in the forward-looking statements as a result of various factors (including, without limitations, the actions of competitors, future global economic conditions, market conditions, foreign exchange rates, and operating and financial risks related to managing growth and integrating acquired businesses), many of which are beyond our control. The occurrence of any such factors not currently expected by us would significantly alter the results set forth in these statements. Factors that could cause actual results to differ materially and adversely include, but are not limited to: • changes in general economic, business or political or other conditions in Chile or changes in general economic or business conditions in Latin America; • changes in capital markets in general that may affect policies or attitudes toward lending to Chile or Chilean companies; • unexpected developments in certain existing litigation; • increased costs; • unanticipated increases in financing and other costs or the inability to obtain additional debt or equity financing on attractive terms; • natural disasters or pandemics; • the effect of tax laws or other kind of regulation on our business; • other risk factors as reported in our form 20F filed with the U.S. SEC. Undue reliance should not be placed on such statements, which speak only as of the date that they were made. Our independent public accountants have not examined or compiled the forward-looking statements and, accordingly, do not provide any assurance with respect to such statements. These cautionary statements should be considered in connection with any written or oral forward-looking statements that we may issue in the future. We do not undertake any obligation to release publicly any revisions to such forward-looking statements to reflect later events or circumstances or to reflect the occurrence of unanticipated events. Forward Looking Information 26