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29 OCTOBER 2026 Komerční banka Group Consolidated unaudited financial results as of 30 September 2026 and Updated strategy to 2029
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 2 Disclaimer This document contains a number of forward-looking statements relating to the targets and strategies of the Komerční banka Group. These statements are based on a series of assumptions, both general and specific. As a result, there is a risk that these projections will not be met. Readers are therefore advised not to rely on these figures more than is justified as the Group’s future results are liable to be affected by a number of factors and may therefore differ from current estimates. Readers are advised to take into account factors of uncertainty and risk when basing their investment decisions on information provided in this document. Results and ratios in this presentation are as of 30 September 2026, unless stated otherwise. Komerční banka, a.s., public limited company with registered office: Prague 1, Na Příkopě 33/969; identification number: 45 31 70 54; registered in the Commercial Register maintained by the Municipal Court in Prague, Section B, file 1360
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 3 HIGHLIGHTS AS OF 30 SEPTEMBER 2026 Macroeconomic environment MACROECONOMIC ENVIRONMENT Business performance BUSINESS PERFORMANCE Financial performance FINANCIAL PERFORMANCE Asset quality and cost of risk ASSET QUALITY AND COST OF RISK Capital CAPITAL OUTLOOK FOR 2026 OUTLOOK FOR 2026 STRATEGY TO 2029 STRATEGY TO 2029 Appendix APPENDIX Agenda TBU
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 4 Highlights of 9M & 3Q 2026 KB Group customers 2,331,000 +81,000 YoY Total capital ratio Core Tier 1 18.6% 16.5% Tier 2 capital boosted by additional EUR 200 million in September 2026 Loan/Deposit ratio 84.6% LCR NSFR 172% 134% Liquidity enhancements EUR 2.0 billion in European Covered Bonds (Premium) issued in 3Q 2026 Other assets under management +0.7% YoY -0.1% QoQ Deposits +6.7% YoY -0.7% QoQ Volume on saving accounts +45% YoY Gross loans +11.1% YoY +2.0% QoQ Unsecured consumer loans +7.8% YoY Group net income CZK 4.7 billion CZK 24.79 per share Cost / Income ratio 42.1% 43.2% IFRIC 21 linearised ROTE 17.7% 17.4% IFRIC 21 linearised -1.3 p.p. YoY -1.8 p.p. YoY Group net income CZK 13.2 billion CZK 69.90 per share Cost / Income ratio 44.7% 44.2% IFRIC 21 linearised ROTE 16.0% 16.1% IFRIC 21 linearised Cost of risk - 2 bps net release 9M 2026: Growth in loans, deposits and operating profit Income statement 9M 2026 Business performance Capital & Liquidity Income statement 3Q 2026
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 5 Highlights as of 30 September 2026 HIGHLIGHTS AS OF 30 SEPTEMBER 2026 MACROECONOMIC ENVIRONMENT Business performance BUSINESS PERFORMANCE Financial performance FINANCIAL PERFORMANCE Asset quality and cost of risk ASSET QUALITY AND COST OF RISK Capital CAPITAL OUTLOOK FOR 2026 OUTLOOK FOR 2026 STRATEGY TO 2029 STRATEGY TO 2029 Appendix APPENDIX Agenda TBUTBU
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 6 Notes: Source of indicators Czech Statistical Office, CNB, unless stated otherwise 1) According to GDP refined results published by Czech Statistical Office on 30 September 2026 2) According to Eurostat, seasonally adjusted 3) Working day adjusted Economic resilience supports continued growth CZK exchange rates as of 30 September 2026 EUR/CZK @ 24.44, CZK weaker by 0.7% QoQ and weaker by 0.4% YoY USD/CZK @ 21.52, CZK weaker by 1.1% QoQ and weaker by 3.8% YoY Czech GDP development (% year-on-year) Inflation (% yoy) Czechia - economy 2.5 3.1 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 01/2025 04/25 07/25 10/25 01/26 04/26 07/26 CPI inflation core inflation -6 -4 -2 0 2 4 6 2023 2024 2025 2026F 2027F 0.2 1.1 2.7 1.7 2.3 2028F 2.6 GDP Households Government Fixed investment Inventories Net export Others KB Economic Research Forecast GDP +1.8% YoY and +0.3% QoQ in 2Q 20261) GDP growth based on net export, fixed investments and household final consumption Unemployment at 3.2% (August 2026)2) Industrial production +2.6% YoY (August 2026)3) Construction -1.4% (August 2026)3) Inflation as of September 2026 Consumer price inflation +2.5% YoY (+0.6% MoM) HICP (Eurostat) +2.2% YoY CZK interest rates as of 30 September 2026 (YoY change) CNB 2W repo rate @ 3.75% (+25 bps) 3M PRIBOR @ 3.87% (+36 bps) 10Y IRS @ 5.03% (+86 bps) 10Y CZGB @ 5.35% (+79 bps)
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 7 Highlights as of 30 September 2026 HIGHLIGHTS AS OF 30 SEPTEMBER 2026 Macroeconomic environment MACROECONOMIC ENVIRONMENT BUSINESS PERFORMANCE Financial performance FINANCIAL PERFORMANCE Asset quality and cost of risk ASSET QUALITY AND COST OF RISK Capital CAPITAL OUTLOOK FOR 2026 OUTLOOK FOR 2026 STRATEGY TO 2029 STRATEGY TO 2029 Appendix APPENDIX Agenda
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 8 Gross loans to clients up 11.1% Strong momentum in bank consumer lending in 2026 driven by digital sales Housing loan production moderated following a period of strong growth, reflecting higher rates driven by rising refinancing costs, and tightened regulation of investment mortgages Broad-based growth in business lending across segments, in both CZK and EUR Positive contribution from 0.4% YoY depreciation of CZK v. EUR represents 0.1% of total lending. Positive contribution from 0.7% QoQ depreciation of CZK v. EUR represents 0.2% of total lending. Group lending (excl. repo, incl. client bonds) (CZK billion) Business and other loans (excl. repo, incl. client bonds) (CZK billion) Loans to clients Sales volume of housing loans (KB mortgages + MPSS loans) (CZK billion) 460.5 483.6429.6 429.9 459.9 493.5 413.2 420.7390.4 398.4 406.5 428.2 39.5 2Q 2025 39.8 3Q 2025 39.4 4Q 2025 40.4 1Q 2026 41.5 2Q 2026 42.9 3Q 2026 859.5 868.0 905.8 914.1 945.8 964.6 +11.1% +2.0% Housing loans Consumer loans Business and other loans 7.5% 7.8% 14.8% 344.2 343.7 370.7 369.7 388.9 396.7 38.8 4Q 2025 51.2 39.5 1Q 2026 54.0 40.8 2Q 2026 55.248.7 3Q 2026 36.7 2Q 2025 49.7 36.5 3Q 2025 50.3 429.6 429.9 459.9 460.5 483.6 493.5 41.5 +14.8% +2.0% Small businesses (KB, ESSOX) KB corporates, ESSOX Wholesale, Factoring and other SGEF leasing 11.1% 15.4% 13.7% 18,787 21,704 22,677 27,342 34,267 21,261 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 -2.0% -38.0% Y-o-Y Y-o-Y
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 9 Tombstones Selected corporate deals 3Q 2026
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 10 Group deposits (excluding repo operations) (CZK billion) Deposits and other AUM Non-deposit assets under management (CZK billion) 75.0 75.7 76.9 76.7 79.3 79.0 47.1 47.4 48.2 48.6 50.8 50.9 167.6 168.4 168.3 159.4 163.8 163.7 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 289.7 291.6 293.4 284.8 293.9 293.6 +0.7% -0.1% AUM in mutual funds KP Life insurance reserves (total savings) Client assets managed by KB Pension company 7.3% 4.4% 639.7 661.0 680.7 700.1 702.5 696.1 338.2 343.0 356.4 376.5 381.9 382.5 6.9 4Q 2025 43.9 9.0 1Q 2026 43.2 9.7 2Q 2026 42.546.4 3Q 2026 7.3 2Q 2025 45.1 9.1 3Q 2025 44.71,031.5 1,058.3 1,088.8 1,129.4 1,137.2 1,129.7 8.7 +6.7% -0.7% Building savings KB Individual deposits Business deposits Other deposits 436.9 458.1 439.7 535.5 538.0 545.4 587.9 593.1 641.9 584.6 590.5 575.6 6.7 2Q 2025 7.1 3Q 2025 7.1 4Q 2025 9.3 1Q 2026 8.7 2Q 2026 8.8 3Q 2026 1,031.5 1,058.3 1,088.8 1,129.4 1,137.2 1,129.7 +6.7% -0.7% Current accounts Term and savings accounts Other payables to customers -5.9% 11.5% 5.3% -3.0% 19.1% -2.8% Net loans to deposits ratio at 84.6%. LCR 172%. NSFR 134% Deposit growth predominantly driven by savings accounts, reflecting the strong preference of Czech retail clients Mutual fund asset growth in 3Q26 reflected slower inflows and weaker financial market performance. 3Q26 net inflows reached CZK 1.5 billion Continued strong growth in life insurance premiums written Pension assets slightly declined in 3Q26 after strong growth in 2Q26, reflecting financial markets performance Y-o-Y Y-o-Y Y-o-Y Client deposits +6.7%, other AUM +0.7% Product view Segment view
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 11 Highlights as of 30 September 2026 HIGHLIGHTS AS OF 30 SEPTEMBER 2026 Macroeconomic environment MACROECONOMIC ENVIRONMENT Business performance BUSINESS PERFORMANCE FINANCIAL PERFORMANCE Asset quality and cost of risk ASSET QUALITY AND COST OF RISK Capital CAPITAL OUTLOOK FOR 2026 OUTLOOK FOR 2026 STRATEGY TO 2029 STRATEGY TO 2029 Appendix APPENDIX Agenda
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 12 Drivers for year-on-year change in attributable net profit (CZK million, as of 30 September 2026) 390 165 309 36 28 -1,209 OPEX (w/o Regul. funds) Regul. funds -39 NPFO & other NBI NFCNII 13,584 13,201 Reported 9M 2025 -63 Reported 9M 2026 TaxOther*CoR -2.8% *Other includes: Income from share of associated companies, Net profit/(loss) on subsidiaries and associates, Net profits on other assets and Profit attributable to the Non-controlling owners Profitability indicators for 9M 2026 Return on avg. equity (ROAE) Return on avg. Tier 1 capital (RoT1) Return on avg. tangible equity (ROTE) Reported 14.1% 17.5% 16.0% Return on avg. assets (ROAA) 1.0% * Assuming linear accrual of regulatory funds charges over the whole year (IFRIC 21 linearisation) YoY net profit: Higher revenues, lower operating costs, (smaller) release of credit provisions Adj. for IFRIC 21* 14.2% 17.7% 16.1% 1.0%
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 13 Balance sheet up by 13.2% year-on-year Liabilities and equity (CZK billion) Statement of financial position Assets (CZK billion) 124 129 124 12 30 120 1,246 1,221 1,311 119 104 140 63 58 30 Sep 2025 63 53 31 Dec 2025 80 61 30 Sep 2026 1,622 1,600 1,836 +13.2% +14.8% Amounts due to banks Amounts due to customers Securities issued Subordinated and senior non preferred debt Other liabilities Total equity 18.1% 5.2% >100% 25.5% 5.9% -0.3% Year-on-year 870 905 956 226 229 238 487 426 604 40 30 Sep 2025 40 31 Dec 2025 39 30 Sep 2026 1,622 1,600 1,836 +13.2% +14.8% Amounts due/from banks incl. central bank Securities and trading derivatives Loans and advances to customers (net) Other assets Year-on-year 24.1% 5.0% 9.8% -2.4%
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 14 Net interest income Year-to-date (CZK million) 8,008 8,065 9,182 9,235 726 1,393 9M 2025 844 1,559 9M 2026 19,309 19,700 +2.0% Other NII from deposits NII from loans NII from IB 2,632 2,735 2,705 2,655 2,664 2,747 3,083 3,098 3,079 2,960 3,087 3,187 476 4Q 2025 323 506 1Q 2026 233 523 2Q 2026 289261 3Q 2026 428 2Q 2025 233 435 3Q 2025 276 6,404 6,501 6,535 6,443 6,507 6,753 531 +3.8% +3.8% 16% 1% 1% 12% Net interest margin (%) 1.68 1.54 3Q 2025 3Q 2026 1.70 1.59 9M 2025 9M 2026 Year-to-dateQuarterly NII from deposits: affected by a higher share of savings deposits in the total deposit base and intense competition NII from loans: pressure on lending spreads persisted due to intense competition, particularly in retail Other NII: influenced by profit accrual, payout of dividends in May, rates development, and cost of MREL NII growth driven by business volumes Quarterly (CZK million)
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 15 Net fees and commissions Year-to-date (CZK million) 1,191 1,125 1,866 2,045 564 620 1,208 1,201 263 9M 2025 267 9M 2026 5,093 5,258 +3.2% Transaction fees Deposit product fees Loan fees Fees from cross-selling Spec. fin. services & Other 327 358 468 327 357 442 615 669 658 633 714 698 84 82 111 90 97 79185 191 190 203 207 210440 373 434 386 440 376 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 1,652 1,673 1,861 1,638 1,815 1,805 +7.9% -0.5% -1% 10% 1% 10% -6% Transaction fees Continued YoY increase in number of transactions, seasonally slower Q3, effect of inclusion of most payment transactions in KB+ subscriptions Deposit product fees Supported by continued growth in client base and rising adoption of higher KB+ subscription tiers. Lower fees for building savings accounts Loan fees Higher income from overdrafts, loan consolidations and small business lending. Lower contribution from housing loan-related fees Fees from cross-selling Growth driven by income from mutual funds and insurance Specialised financial services and other fees Higher fees from DCM services, guarantees, custody & depository Solid fee income trend despite summer seasonality Quarterly (CZK million)
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 16 Capital markets Range-bound CZK/EUR rate during most of Q3 limited demand for FX hedging Rising interest rates also weighed on client IR hedging activity Progressive expansion of hedging solutions, particularly option-based products, to SME clients Continued competitive pressure on pricing/spread levels Net gains on FX from payments Higher overall FX transactions numbers offset by lower need for conversions on KB+ multicurrency accounts. Seasonally strong Q3 conversion activity related to travelling Resilient performance in a less favourable environment Net profit from financial operations Year-to-date (CZK million) 1,670 1,639 1,326 1,282 9M 2025 9M 2026 2,996 2,921 -2.5% Capital markets Net gains on FX from payments 544 598 542 511 530 598 412 505 400 528 447 307 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 956 1,103 942 1,039 977 905 -17.9% -7.3% -3% -2% Quarterly (CZK million)
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 17 Year-to-date (CZK million) Quarterly (CZK million) Operating expenditures -6,297 -6,020 -3,017 -2,908 -3,041 -3,118 -412 9M 2025 -451 9M 2026 -12,767 -12,497 -2.1% -4% -4% 9% 3% Personnel costs GAE (excl. Res. and similar funds) Resolution and similar funds Depreciation -2,085 -1,986 -1,983 -1,991 -1,998 -2,032 -1,010 -1,026 -1,164 -982 -1,032 -894 -21 -10 -13 -408 -31 -13 -1,013 -1,023 -1,055 -1,018 -1,040 -1,059 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 -4,128 -4,044 -4,215 -4,399 -4,101 -3,998 44.9 43.0 1.1 9M 2025 1.2 9M 2026 46.1 44.2 Regulatory funds contribution Excl. Resolution and similar funds 43.3 42.0 0.1 3Q 2025 0.1 3Q 2026 43.4 42.1 Cost-to-income ratio (%) IFRIC linearisedReported Personnel expenses: driven by YoY decrease in average number of employees (9M 2026 FTE) by -8.8% to 6,440. Expected Q4 2026 exceptional cost of CZK 150 million related to workforce reduction Administrative costs: savings achieved across all main categories Regulatory funds charge: higher YoY cost driven mainly by an increase in system-wide Resolution Fund contributions required by the CNB D&A: higher amortisation of software partly offset by impact from reduction of premises used Further progress in operating efficiency
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 18 Highlights as of 30 September 2026 HIGHLIGHTS AS OF 30 SEPTEMBER 2026 Macroeconomic environment MACROECONOMIC ENVIRONMENT Business performance BUSINESS PERFORMANCE Financial performance FINANCIAL PERFORMANCE ASSET QUALITY AND COST OF RISK Capital CAPITAL OUTLOOK FOR 2026 OUTLOOK FOR 2026 STRATEGY TO 2029 STRATEGY TO 2029 Appendix APPENDIX Agenda
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 19 Total cost of risk (CZK million) Total cost of risk (year-to-date, in basis points) Cost of risk 466 127 115 479 136 -336 -26 4 192 -110 49 1 2Q 2025 0 3Q 2025 -1 4Q 2025 -1 1Q 2026 34 0 2Q 2026 0 3Q 2026 529 328 130 101 39 5 CoR Retail CoR Non-retail CoR legacy -22 -20 -16 -2 -49 -36 -38 -11 -7 -8 3 -4 4 2 1 3 2Q 2025 3Q 2025 4Q 2025 -4 1Q 2026 -3 2Q 2026 3Q 2026 Total Non-retail Retail 3Q 2026 CoR net release at CZK 5 million, -2 bps YtD Positively influenced by: - Updates to IFRS 9 provisioning models and methodology - Continued resilience of the mortgage portfolio Partly offset by an increase in the sectoral overlay 3Q 2026 Cost of risk evolution
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 20 Group lending (CZK billion) Provision coverage (CZK million) Loan portfolio quality NPL ratio evolution 16.2 15.5 14.4 14.1 13.8 13.1 755.8 768.6 819.7 826.6 857.9 878.3 2Q 2025 84.0 3Q 2025 71.6 3Q 2026 73.2 2Q 2026 74.1 1Q 2026 73.4 4Q 2025 859.5 868.0 905.8 914.1 945.8 964.6 87.5 +11.1% +2.0% Loans - Stage 1 Loans - Stage 2 NPL loans -1,491 -1,476 -1,461 -1,414 -1,376 -1,380 -3,036 -2,750 -2,594 -2,547 -2,373 -2,463 -7,514 -7,397 -6,763 -6,816 -6,904 -6,881 -12,040 -11,623 -10,818 -10,777 -10,653 -10,724 Provisions for Stage 1 Provisions for Stage 2 Provisions for NPL loans 46.3% 47.8% 46.9% 48.4% 49.9% 52.4% NPL coverage ratio 1.9% 2Q 2025 1.8% 3Q 2025 1.6% 4Q 2025 1.5% 1Q 2026 1.5% 2Q 2026 1.4% 3Q 2026 NPL ratio down to 1.4%, driven by: - Successful resolution of several corporate NPLs - Retail write-offs - Stable low default rates NPL provision coverage ratio up to 52.4% (vs 49.9% in Q2 2026), driven by the exit of clients with low provisioning levels from default Excellent asset quality
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 21 Highlights as of 30 September 2026 HIGHLIGHTS AS OF 30 SEPTEMBER 2026 Macroeconomic environment MACROECONOMIC ENVIRONMENT Business performance BUSINESS PERFORMANCE Financial performance FINANCIAL PERFORMANCE Asset quality and cost of risk ASSET QUALITY AND COST OF RISK CAPITAL OUTLOOK FOR 2026 OUTLOOK FOR 2026 STRATEGY TO 2029 STRATEGY TO 2029 Appendix APPENDIX Agenda
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 22 Total capital adequacy at 18.6% over the Overall Capital Requirement of 16.6%. CET 1 ratio at 16.5% over the required 12.0% (minimum T1 at 14.0%) Tier 2 capital represented 2.1% of RWA following the September 2026 drawdown of a EUR 200 million subordinated loan, equivalent to 0.78% of RWA 3Q 2026 RWA development reflected exposure growth, changes in exposure mix and client rating updates MREL adequacy at 29.4% over 20.6% MREL requirement, 26.9% total requirement (MREL+ Combined buffer requirement). The outstanding volume of senior non-preferred loans taken to meet MREL at EUR 2.7 billion Contributions to shareholders’ equity in 9M 2026 (CZK million) Contributions to capital adequacy ratio in 9M 2026 (%) Capital 2.27 1.47 31 Dec 2025 -0.86 RWA Credit Risk -0.12 RWA Other Current year profit -1.82 Dividend provision (80%) Tier 2 -0.23 OCI & Other 30 Sep 2026 17.92 18.63 13,201 1 Jan 2026 YtD profit -18,056 Dividends -88 Revaluations* 53 Minority interest 30 Sep 2026 128,921 124,032 30-Sep-25 Total capital adequacy 18.4% Core Tier 1 ratio 17.6% Total capital (CZK billion) 104.3 CET1 capital (CZK billion) 99.6 Total RWA (CZK billion) 565.7 Credit RWA (CZK billion) 448.5 RWA / Total assets 34.9% 31-Dec-25 17.9% 17.1% 104.0 99.5 580.6 467.9 36.3% * Re-measurement of securities, cash flow hedges, FX positions, pension benefits and equity stakes in associates 30-Sep-26 18.6% 16.5% 114.3 101.2 613.3 497.8 33.4% Strong capital base
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 23 Highlights as of 30 September 2026 HIGHLIGHTS AS OF 30 SEPTEMBER 2026 Macroeconomic environment MACROECONOMIC ENVIRONMENT Business performance BUSINESS PERFORMANCE Financial performance FINANCIAL PERFORMANCE Asset quality and cost of risk ASSET QUALITY AND COST OF RISK Capital CAPITAL OUTLOOK FOR 2026 STRATEGY TO 2029 STRATEGY TO 2029 Appendix APPENDIX Agenda
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 24 2026 outlook (base-case scenario as at 30 September 2026) Client deposits Revenues Operating expenditures Cost/income ratio Cost of risk ROE / ROTE Total capital ratio +5.8% YoY +0.2% YoY -4.2% YoY 46.1% ~ 45% -16 bps (release) ~ 5 bps (creation) 14.2% / 16.1% 13 - 14% / 15 – 16% 17.9% 17.5 – 18.5% Outlook for 2026 Key macroeconomic assumptions: 2026 GDP +1.7%, Inflation +2.1% (average), 2W repo rate 3.7% (average). CZK/EUR 24.3 (average) FY 2025 Target 2026 Loans to clients +6.8% YoY Retail relatively fasterHigh-single-digit growth Investors are advised to consider high level of uncertainty and risks when formulating their investment decisions based on expectations provided above. Key risks identified Escalation of wars, mainly in Ukraine or Middle East; Trade conflicts; Weak external demand; Sharp changes in interest or FX rates, monetary or fiscal policy, including taxation High-single-digit growth Higher share of remunerated deposits Low-single-digit growth Contribution from all main revenue categories Flattish Lower personnel expenses and administrative costs, higher regulatory charges and D&A Positive operating jaws thanks to revenue increase Expected return to creation of loan loss provisions but below across-the-cycle level Operating improvement to be offset by higher cost of risk Safely above the overall capital requirement The outlook below updates and supersedes the 2026 outlook originally presented with KB’s full-year 2025 results on 6 February 2026 and subsequently updated with the 1Q 2026 results on 30 April 2026 and the 2Q 2026 results on 30 July 2026. +6.7% YoY +1.8% YoY -2.1% YoY 44.7% -2 bps (release) 14.1% / 16.0% 18.6% 9M 2026 +11.1% YoY
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 25 Highlights as of 30 September 2026 HIGHLIGHTS AS OF 30 SEPTEMBER 2026 Macroeconomic environment MACROECONOMIC ENVIRONMENT Business performance BUSINESS PERFORMANCE Financial performance FINANCIAL PERFORMANCE Asset quality and cost of risk ASSET QUALITY AND COST OF RISK Capital CAPITAL OUTLOOK FOR 2026 OUTLOOK FOR 2026 STRATEGY TO 2029 Appendix APPENDIX Agenda
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 26 2018 KB Change CUSTOMER FOCUS Restructuring the organisation, Introducing agile at scale Removing management layers 2020–2025 KB2025 DIGITAL TRANSFORMATION KB+ new digital bank New retail proposition Digitalising processes Reducing physical footprint 2026–2029 KB2029 Leverage competitive foundations through focused growth, digital scaling and efficiency improvements DISCIPLINED, LIGHTER & LEANER EXECUTION Shift towards a client-centric culture New digital bank as the foundation for growth Lasting value through disciplined strategic choices ROTE >16% C/I RATIO <40% vs. 46.1% in 2025 PAYOUT RATIO from 2027-2029 result 80% for 2026 reiterated Shareholder value ambition 2029 ≥70% KB’s next chapter: Turning digital transformation into sharper returns
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 27 ▪ Integrated digital banking ecosystem based on a modern core ▪ 95% reduction in product complexity simplifying client choice and service ▪ Real-time data capabilities ▪ Fully digital sales enabled across the product range ▪ Reduction of more than 50% in the physical footprint ▪ 1.8m clients on the KB+ platform ▪ Radically simplified retail proposition ▪ Comprehensive app functionality ▪ Reduced cost-to-serve with share of digital sales to 52% KB+ is a future-ready digital bank MODERN, SCALABLE TECHNOLOGY FOUNDATION SIMPLIFIED AND DIFFERENTIATED KB+ CLIENT PROPOSITION
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 28 KB 2025 Transformation delivery Complex transformation successfully delivered while sustaining business growth and strong profitability DOUBLED CLIENT ACQUISITION FOLLOWING LAUNCH OF KB+ DIGITAL SALES INCREASED STRUCTURALLY 654 906 2019 2025 +6% CAGR 8,167 6,971 2019 2025 -15% Number of KB Group employees (FTE) ONGOING PRODUCTIVITY GAINS Gross loans (CZK billion) CONSISTENT PROFITABILITY (ROTE) Return on tangible equity (%) 82 67 70 87 83 166 187 2019 2021 2023 2025 +125% KB Bank retail customers gross acquisition (thousands) SUSTAINED LOAN GROWTH 2019 2025 14.6% 52.0% +37 p.p. Client deposits (CZK billion) End-to-end digital sales in retail SUSTAINED DEPOSIT GROWTH 816 1,089 2019 2025 +5% CAGR 8.2 11.8 16.116.0 2019 2021 15.9 14.2 2023 15.4 2025
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 29 KB Strategic direction to 2029 Sharp choices and disciplined value creation supports sustainable shareholder returns Top 3 position in a profitable, highly competitive Czech banking market 2.3 million KB Group clients with a strong affluent retail position Leadership in corporate banking KB+ competitive, scalable digital banking platform Resilient Czech economy with healthy inflation and public finances Headroom for growth from low penetration of credit & selected products Mid-single-digit revenue growth Decrease absolute costs by 1% CAGR Strong operating jaws Steadily growing net income, low volatility and resilient ROE Strong organic capital generation COMPETITIVE FOUNDATION SHAREHOLDER VALUE CREATION*PROFITABLE GROWTH Prioritise growth based on risk- and resource-adjusted returns Scale digital sales and new client proposition at low incremental cost Reduce costs through simplification, automation, AI and SG Group synergies Robust risk management with optimized risk appetite utilization Disciplined capital allocation, strong capital levels and an optimized capital structure * Baseline assumptions and ambitions for 2026-2029 period Average GDP growth ~2.4% in 2026-2029* Grow gross operating income ~7% CAGR 2026-29* Planned dividend payout ratio at least 70% in 2027-2029 (80% reiterated for 2026) Attractive and sustainable dividends through the cycle
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 30 CUSTOMER ACQUISITION & ACTIVATION SCALABLE DISTRIBUTION MODEL DISCIPLINED PROFITABLE GROWTH ▪ Lowering the cost to serve and improving client convenience ▪ Continue reshaping distribution towards a structurally leaner model ▪ Digitally originate ~65% of retail production ▪ Increase automation of decision- making in lending for SB ▪ Scale consumer and small business lending ▪ Shift the revenue mix towards fees ▪ Accelerate growth in client investments and insurance ▪ Support clients across their wealth needs ▪ Acquire 150,000 new clients annually to reach 2 million retail customers by 2029 ▪ Industrialise personalised offers ▪ Increase client engagement ▪ Address a greater share of clients’ financial needs ▪ Increase revenue per client by 15% through stronger cross-selling Retail banking: Outgrow the market Grow the client base and deepen relationships through digital distribution, differentiated advice and disciplined focus on profitable growth
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 31 ACCRETIVE GROWTH ▪ Prioritize value-accretive deals with strong profitability and efficient RWA consumption ▪ Extract loan growth within the existing risk appetite in selected high-growth sectors and client segments ▪ Strengthen the mid-cap acquisition proposition through flexible financing solutions and pre-approved loan limits CIB: Maintain leadership, enhance long term value creation Preserve strong market position in corporate banking. Focus on high-value opportunities, RWA efficiency and a simpler, more digital banking model EFFICIENT REVENUE STREAMS ▪ Accelerate credit approval process through increased automation ▪ Onboard eligible mid-cap clients to KB+ platform ▪ Digitize and automate KYC reviews ▪ Expand investment banking offering ▪ Drive client flows through increased API connectivity to client systems ▪ Roll out the upgraded eTrading platform to a broader client base SCALE-DOWN COST TO SERVE
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 32 ~4% Revenue CAGR ambition Growth supported by value-accretive lending, resilient funding, client acquisition and broader product penetration KEY DRIVERS OF THE 2026-2029 REVENUE OUTLOOK ▪ Mid-single-digit loan growth ▪ Deposit growth aligned with loan growth, with faster expansion in retail and interest-bearing deposits ▪ Risk- and resource- adjusted pricing and balance-sheet allocation focused on attractive risk-adjusted returns ▪ Improved revenue per client Net banking income (CZK billion) 2025 2029 Target ~37 ~43 +~16%
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 33 2025 Expected inflation Gross savings 2029 Target 17 ~16 -5% Operating expenditures (CZK billion) CONTINUED COST DISCIPLINE THE NEXT WAVE OF EFFICIENCY GAINS ▪ Increase productivity through digitalization, automation, simplification and AI deployment ▪ Optimize further the physical distribution footprint ▪ Capture Société Générale Group synergies, including shared service centres ▪ Reduce IT development and maintenance costs as KB+ platform matures ▪ Consolidate supplier relationships and strengthen procurement efficiency Continue reducing the cost base ~ -3.6% p.a.~2.2% p.a.
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 34 Progressing towards an AI-native financial group Embedding AI across KB Group supported by Société Générale platforms and strategic partnerships IMPROVE PRODUCTIVITY INCREASE IT EFFICIENCYENHANCE CLIENT RELATIONSHIPS Use AI to improve targeting, engagement and lead management Expand client voicebot and chatbot interactions Deploy SG’s AI for communications monitoring and compliance controls Build AI adoption through training and communities Select bottom-up use cases for business value and efficiency Converge to One Data and AI platforms Use SG’s AI platforms, shared models and governance Building a governed AI platform and developing skills to automate work, accelerate delivery and personalise growth at scale
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 35 Risk Appetite Capacity Improving risk-adjusted returns, maintaining resilience Optimize the utilization of the established risk appetite ▪ Improve revenue growth by focusing on risk- adjusted returns through more effective use of affirmed risk appetite capacity ▪ Enhance capital efficiency through disciplined RWA management, including targeted Significant Risk Transfers ▪ Further develop the governance framework and tools for managing cyber and AI-related risks ▪ Further develop approaches to managing climate-related and environmental risk Compliance & Financial crime Operational & Cyber Strategic & Emerging-10 66 15 0 11 2018 2020 2022 2024 2026 2028 2030-9 10 -22 PRESERVING EXCELLENT ASSET QUALITY AND COST OF RISK Cost of risk (loan loss provisions) in basis points Average CoR 2019-2025: 10 bps
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 36 Sustaining strong capital generation and attractive distributions Capital roadmap to 2029 continues to deliver attractive shareholder remuneration ▪ Continue the track record of predictable, strong capital generation ▪ Maintain a sustainable capital base aligned with the strategic objectives, with CET 1 above 15.5% across 2026-2029 ▪ Maintain mid-single-digit RWA growth, below business volume growth, through capital-efficient expansion and planned optimization measures ▪ Optimize the capital structure by increasing Tier 2 utilization within the regulatory limit ▪ Confirmed 80% dividend payout guidance for 2026. Targeting at least 70% dividend payout ratio in 2027-2029. 17.9% 2025 Capital generation Dividends RWA Growth Tier 2 Other 2029 Target >18% ~-130 bps p.a. >300 bps p.a. OVERALL CAPITAL ADEQUACY RATIO BRIDGE Total capital ratio
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 37 2029 TARGETS SCORECARD Financial building blocks ≥ 16% <40% ~+16% ~-5% SUPPORTED BY ROTE in 2029 Cost-to-income in 2029 KEY TARGETS In 2029, at least 17.5% across 2026–29 Target dividend payout ratio Revenues in 2029 vs. 2025 OPEX in 2029 vs. 2025 18% Total capital ≥70% From the results of 2027–29 80% reiterated for 2026
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 38 Highlights as of 30 September 2026 HIGHLIGHTS AS OF 30 SEPTEMBER 2026 Macroeconomic environment MACROECONOMIC ENVIRONMENT Business performance BUSINESS PERFORMANCE Financial performance FINANCIAL PERFORMANCE Asset quality and cost of risk ASSET QUALITY AND COST OF RISK Capital CAPITAL OUTLOOK FOR 2026 OUTLOOK FOR 2026 STRATEGY TO 2029 STRATEGY TO 2029 APPENDIX Agenda
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 39 KB Group customers (thousands) KB+ users (individuals and small business) (thousands) KB Group clients and distribution network 2,251 2,240 2,201 2,226 2,268 2,331 2021 2022 2023 2024 2025 Sep-26 3 22 50 137 281 482 717 1,028 1,136 1,269 1,460 1,610 1,673 1,731 1,789 Mar- 23 Jun- 23 Sep- 23 Dec- 23 Mar- 24 Jun- 24 Sep- 24 Dec- 24 Mar- 25 Jun- 25 Sep- 25 Dec- 25 Mar- 26 Jun- 26 Sep- 26 30-Sep-25 YoY Number of clients KB Group customers 2,250,000 KB+ users 1,460,000 +328,000 Distribution network ATMs (KB network) ATMs (Total shared network) 1,941 -21 KB Retail branches (CZ) 187 -16 30-Sep-26 2,331,000 1,789,000 171 KB Poradenství outlets 195 201 +6 759 745 -14 1,920 +81,000 Number of clients and distribution network
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 40 Consolidated income statement (CZK million, unaudited) Net interest income Net fee and commission income Net profit on financial operations Dividend and other income Net banking income Personnel expenses General admin. expenses (excl. regulatory funds) Resolution and similar funds Depreciation, amortisation and impairment of operating assets Total operating expenses Operating profit Cost of risk Net operating income Income from share of associated companies Net profit/(loss) on subsidiaries and associates Net profits on other assets Profit before income taxes Income taxes Net profit Profit attributable to the Non-controlling owners Profit attributable to the Group’s equity holders 9M 2026 YoY 19,700 3.8% 5,258 7.9% 2,921 -17.9% 109 -33.6% 27,987 1.8% -6,020 2.3% -2,908 -12.8% -451 29.3% -3,118 3.6% -12,497 -1.2% 15,490 4.1% 144 -98.5% 15,634 -1.9% 294 8.5% 0 n.a. -5 +/- 15,923 -1.9% -2,670 -1.9% 13,253 -1.9% 52 -1.5% 13,201 -1.9% 9M 2025 YoY QoQ 19,310 2.0% 3.8% 5,093 3.2% -0.5% 2,996 -2.5% -7.3% 97 12.3% -53.9% 27,495 1.8% 1.4% -6,297 -4.4% 1.7% -3,017 -3.6% -13.3% -412 9.5% -60.2% -3,041 2.5% 1.8% -12,767 -2.1% -2.5% 14,728 5.2% 4.4% 1,353 -89.4% -87.4% 16,081 -2.8% 3.8% 267 9.8% 4.1% 0 n.a. n.a. 22 +/- -39.3% 16,371 -2.7% 3.8% -2,697 -1.0% 2.2% 13,673 -3.1% 4.1% 89 -41.7% >100% 13,584 -2.8% 3.8% 3Q 2025 2Q 2026 3Q 2026 6,501 6,506 6,751 1,673 1,815 1,805 1,103 977 905 44 63 29 9,322 9,361 9,491 -1,986 -1,998 -2,032 -1,026 -1,032 -894 -10 -31 -13 -1,023 -1,040 -1,059 -4,044 -4,101 -3,998 5,277 5,259 5,493 328 39 5 5,605 5,298 5,498 99 103 107 0 0 0 11 -1 -1 5,715 5,400 5,604 -919 -881 -901 4,796 4,518 4,703 21 8 21 4,775 4,510 4,682 Income statement
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 41 Consolidated statement of financial position (CZK million, unaudited) Assets Cash and current balances with central bank 30-Sep-25 31-Dec-25 YoY rel. YoY abs. 1,622,387 1,599,579 13.2% 213,590 73,866 91,662 28.2% 20,854 Loans and advances to banks 412,689 333,989 23.4% 96,642 Loans and advances to customers (net) 869,935 904,839 9.8% 85,668 Securities and trading derivatives 226,379 229,100 5.0% 11,377 Other assets 39,518 39,989 -2.4% -952 Liabilities and shareholders’ equity 1,622,387 1,599,579 13.2% 213,590 Amounts due to banks 118,678 103,590 18.1% 21,444 Amounts due to customers 1,245,865 1,220,955 5.2% 65,297 Securities issued 12,181 30,166 >100% 107,581 Subordinated and senior non preferred debt 63,463 63,234 25.5% 16,213 Other liabilities 57,827 52,713 5.9% 3,396 Total equity 124,373 128,921 -0.3% -342 o/w Minority equity 1,667 1,693 4.8% 80 30-Sep-26 1,835,977 94,721 509,331 955,603 237,755 38,566 1,835,977 140,123 1,311,162 119,761 79,676 61,223 124,032 1,746 Ytd rel. Ytd abs. 14.8% 236,398 3.3% 3,059 52.5% 175,343 5.6% 50,764 3.8% 8,656 -3.6% -1,423 14.8% 236,398 35.3% 36,533 7.4% 90,207 >100% 89,596 26.0% 16,442 16.1% 8,510 -3.8% -4,889 3.2% 53 Balance sheet
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 42 Financial ratios (year-to-date, IFRS 9) 31-Dec-25 30-Sep-26 30-Sep-25 30-Sep-26 Capital adequacy 17.9% 18.6% Tier 1 ratio = Core Tier 1 ratio 17.1% 16.5% Risk weighted assets for credit risk (CZK billion) 467.9 497.8 Net interest margin, annualised 1.7% 1.6% Loan (net) / deposit ratio (excl. repo with clients) 83.1% 84.6% Cost / income ratio 46.1% 44.7% 46.1% 44.2% Return on average equity (ROAE), annualised 14.2% 14.1% 14.6% 14.2% Return on average tangible equity (ROTE), annualised 16.1% 16.0% 16.5% 16.1% Return on average Tier 1 capital (ROT1), annualised 18.1% 17.5% 18.3% 17.7% Return on average assets (ROAA), annualised 1.2% 1.0% 1.2% 1.0% Earnings per share (CZK), annualised 96 93 Average number of employees during the period acc. to CSO 6,971 6,440 Reported 30-Sep-25 18.4% 17.6% 448.5 1.7% 82.0% 46.4% 14.5% 16.4% 18.2% 1.1% 96 7,064 * Assuming linear accrual of regulatory funds charges over the whole year (IFRIC 21 linearisation) Adjusted for IFRIC 21 linearisation* 96 94 Average number of employees during the period (based on CSRD) 7,228 7,133 6,597 Capital & profitability indicators
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 43 Overview of KB subsidiaries YoY Modrá pyramida (100%) Volume of new loans (CZK million) -64% Volume of total loans (gross, CZK million) -5% Volume of deposits (CZK million) -6% Number of clients -10% Average number of FTEs* -5% KB Penzijní společnost (100%) Number of new contracts 24% Number of clients -5% Assets under management (CZK million) 4% of which in Transformed fund -8% Average number of FTEs* 2% ESSOX (50.93%) Volume of total loans (gross, CZK million) 7% Number of active clients 7% Average number of FTEs* -13% building savings & loans company manager of pension funds non-bank consumer lender and car financing company 9M 2026 3,476 94,275 42,463 318,315 408 22,858 378,346 79,033 40,806 41 23,337 107,288 262 9M 2025 9,786 99,014 45,126 354,197 429 18,481 400,039 75,736 44,291 40 21,894 100,066 302 * Based on CSRD Business performance of subsidiaries (1/2)
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 44 Overview of KB subsidiaries YoY Factoring KB (100%) Volume of total financing (gross, CZK million) 20% Average number of FTEs* n.a. KB Pojišťovna (49%) Volume of technical reserves - Savings (CZK million) 7% Gross written premium (CZK million) 37% of which in life insurance 42% of which in non-life insurance SGEF Czech Republic (100%) Volume of new financing (CZK million) 26% Volume of total financing (gross, CZK million) 14% Average number of FTEs* 0% Factoring turnover (CZK million) 9% 12% Average number of FTEs 2% factoring company universal insurance company provider of asset-backed financing in Czechia and Slovakia 9M 2026 60,578 12,843 0.2 50,880 8,144 6,975 1,170 294 14,642 41,542 146 ** 9M 2025 55,361 10,676 0.2 47,437 5,961 4,914 1,046 287 11,664 36,544 146 Business performance of subsidiaries (2/2) * Based on CSRD ** Influenced by outsourcing of Factoring KB functions into Komerční banka.
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 45 MREL requirement (as from 15 June 2026): 20.6% RWA, 5.91% Total Risk Exposure Total requirement = MREL + CBR = 20.6% + 6.25% = 26.85% Notional volume of Senior Non-Preferred Loans EUR 2.7 billion Notional volume of Tier 2 capital instruments EUR 0.55 billion (CZK 13.4 billion) Own funds and eligible liabilities (for MREL) Own funds and eligible liabilities (for MREL) call option schedule§ MREL, TIER 2 * In Single Point of Entry concept applied in SG Group, KB takes senior non-preferred loans from SG 10.8% 2.1% 16.5% 30 Sep 2026 29.4% Senior non-preferred loan Eligible T2 Common Equity Tier 1 capital (CET1) Total requirement = MREL + CBR (26.9% as of 30 Sep 2026) MREL (20.6% as of 30 Sep 2026) 250 250 450 200 250 150 250 250 250 250 150 100 150 200 2026 2027 2028 2029 2030 2031 2032 2033 100 Senior non-preferred loan Subdebt § Maturity date is one year after the call option exercise date and in the case of subordinated debt five years after the call option exercise date Regulatory capital requirements as announced by Czech National Bank ** on Czech exposures (the actual total requirements cover also non-Czech exposures and may therefore slightly differ from the values in the table above) Capital requirements, MREL*, Tier 2 01/01/2024 Own funds 8.00% Systemic risk buffer** n.a. O-SII 2.00% Conservation buffer 2.50% Countercyclical buffer** 2.00% Pilar 2 2.60% Total capital requirement 17.10% 01/04/2024 8.00% n.a. 2.00% 2.50% 1.75% 2.60% 16.85% 01/07/2024 8.00% n.a. 2.00% 2.50% 1.25% 2.60% 16.35% As from 01/01/2025 01/01/2026 8.00% 8.00% 0.50% 0.50% 2.00% 2.00% 2.50% 2.50% 1.25% 1.25% 2.40% 2.30% 16.65% 16.55% Core Tier 1 requirement 12.46% 12.21% 11.71% 12.10% 12.04% Tier 1 requirement 14.45% 14.20% 13.70% 14.05% 13.98% SREP (own funds + Pilar 2) 10.60% 10.60% 10.60% 10.40% 10.30%
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 46 Appreciation of KB shares since October 2001 (acquisition of majority stake by SG) in % (excluding dividends) (1 October 2001 – 30 September 2026) KB shares and shareholder structure Shareholder structure ■ The number of shareholders comprised 95,086 corporate entities and private individuals as of 30 September 2026 ■ Of the Bank’s total share capital of CZK 19,004,926,000 divided into 190,049,260 shares with a nominal value of CZK 100 each, Société Générale S.A. held 60.35% ■ KB held 1,193,360 own shares in treasury, representing 0.63% stake on registered capital ■ The number of outstanding shares stood at 188,855,900 KB - #1 listed Czech bank
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 47 Czech macroeconomic environment and interest rates Czech macroeconomic environment and interest rates Average market rates on new CZK loans and market interest rates (%, until Aug/Sep 2026)
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KB GROUP RESULTS AS OF 30 SEPTEMBER 2026 48 Investor relations Komerční banka, a.s. Na Příkopě 33, 114 07 Prague 1 Email: investor_relations@kb.cz Tel.: +420 955 532 156 Internet: www.kb.cz/investors Reuters: BKOM.PR Bloomberg: KOMB CP