Slides
Page 1
FY 2025 Results Published on 3 February 2026 at 07:00 CET According to IFRS, Consolidated, Unaudited MANDATORY DISCLOSURE / PUBLIC DISCLOSURE OF MANDATORY INFORMATION
Page 2
Note: Percentage change represents year-on-year movement. (1) Gross performing portfolio. • Operating income of CZK 13.9 billion (+7.8%) driven by growth in both net interest income (+8.8%) and net fee and commission income (+11.1%) • Operating expenses slightly increased to CZK 5.8 billion (+2.0%), a cost to income ratio improved by 2.4pp to 41.9% • Net profit of CZK 6.5 billion (+11.9%) exceeds the full-year minimum guidance (published in January 2025) of CZK 6.0 billion by CZK 0.5 billion (+8.4%) • Total balance sheet reached CZK 505 billion (+1.9%), supported by the expansion of both the loan portfolio (+5.8%) and funding base (+2.5%) FY 2025 Key highlights 2 (in CZK) 6.5bn Net profit 5.8bn Operating expenses 13.9bn Operating income 292bn Loan portfolio 1 464bn Funding base 505bn Total assets +7.8% +2.0% +2.5%+1.9% +5.8% +11.9%
Page 3
Note: The percentage and percentage points represent the year-on-year change. MREL ratio is calculated on an individual basis, other ratios are calculated on a consolidated basis. (1) Capital management target of 15.25% as at 31 December 2025; (2) Tier 1 management target of 12.5% as at 31 December 2025; (3) Subject to corporate, regulatory and regulator´s limitations and shareholders’ approval at the General Meeting to be held on 21 April 2026; (4) Total shareholder return calculation assumes full reinvestment of dividend into MONETA shares. • Capital adequacy ratio at 18.7% with an excess of CZK 5.7 billion or 3.4pp above the capital management target1 • Tier 1 ratio at 14.1% with an excess of CZK 2.7 billion or 1.6pp above the capital management target2 • The dividend proposal of CZK 11.5 per share (CZK 5.9 billion)3 represents 90% of net profit; subject to approval at the General Meeting on 21 April 2026 • Total shareholder return was 71.2%, consisting of 56.2% from share price appreciation and 15% from dividend proceeds4 FY 2025 Key highlights 3 (in CZK) 23.4% 27.5% Return on tangible equity Proposed dividend per share 3 Tier 1 Ratio 2 11.5 MREL ratioTotal CZK 5.9bn Excess 5.2pp 18.7% Capital adequacy ratio 1 Excess 3.4pp 14.1% Excess 1.6pp3 +3.0pp 71.2% 2025 Total shareholder return 4 vs. 48% in 2024
Page 4
4 Note: (1) Market guidance as published on 31 January 2025; (2) Cost of risk variance calculated against the midpoint of the guided range in bps and billions of CZK. MONETA accomplished a minimum target and overperformed it by CZK 0.5 billion 2025 MARKET GUIDANCE AND RESULTS Metrics 2025 guidance1 2025 results Variance guidance vs. results Total operating income (CZK bn) 13.6 13.9 +2.4% +0.3 Total operating expenses (CZK bn) (5.9) (5.8) (1.0)% +0.1 Operating profit (CZK bn) 7.7 8.1 +5.0% +0.4 Cost of risk2 (bps, CZK bn) (15-35) (16) +9 +0.3 NET PROFIT (CZK bn) 6.0 6.5 +8.4% +0.5 Earnings per share (CZK) 11.7 12.7 +8.4% +1.0 Return on Tangible Equity 20% 23% +15.0% 3pp
Page 5
Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2026 – 2030 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Liberec
Page 6
6 GDP evolution1 (CZK bn) Unemployment rate: ECB, Czech Statistical Office3 Government debt in % of GDP at current prices2 Czech economy grew by 2.5% in 2025, better than expected MACROECONOMIC ENVIRONMENT Note: (1) Source: GDP at constant prices of 2020 based on the Czech Statistical Office (CZSO), 4Q 2025 based on MFCR forecast; GDP at current prices – 4Q 2024: CZK 2,052bn, 1Q 2025: CZK 2,084bn, 2Q 2025: CZK 2,123bn, 3Q 2025: CZK 2,151bn, 4Q 2025F: CZK 2,161 based on CNB forecast; GDPY/Y % change: 4Q 2024–4Q 2025 actuals based on the CZSO seasonally adjusted, FY 2024 based on the CZSO and 2025 based on the CSU estimate; (2) Euro area data: www.ec.europa.eu/eurostat as at 21 October 2025; (3) ILO methodology; (4) Source: www.mfcr.cz. State budget deficit of the Czech Republic4 (CZK bn) 2024: 1.2% 2025F: 2.5% 1,635 1,511 1,631 1,660 1,668 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025F GDP at constant prices 419.7 360.4 288.5 271.4 290.7 2021 2022 2023 2024 2025 1.8% 2.4% 2.6% 2.8% 2.4% GDP Y/Y % change 96.5 93.8 89.3 87.0 87.1 36.9 40.7 42.5 42.2 43.3 2020 2021 2022 2023 2024 EURO area - 20 countries Czech Republic 6.7% 5.1% 3.8% 3.4% 3.4% Share on GDP at current pricesState budget deficit 6.3 6.2 6.4 6.4 6.4 2.6 2.5 2.6 2.7 2.9 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 EURO area - 20 countries Czech Republic
Page 7
7 Inflation and consumer price index1 (year-over-year % change) Contribution to inflation by item1 Two-week repo rate (end of period) Inflation still above the CNB’s target and a normalising yield curve evident since 2024 MACROECONOMIC ENVIRONMENT Source: CZSO, Bloomberg. Note: (1) Inflation rate as an increase in the average annual Consumer price index; (2) Consumer price index calculated as an increase in the CPI compared with the corresponding month of the preceding year; (3) Composed of short-term PRIBOR and swap market indication from 1 year and longer maturity. Market yield curve3 2.1%2.3% 6.6% 6.9% Dec’2024 % contribution Dec’2025 % contribution Dec’2025 Y/Y price change % Food and beverages 0.7 0.7 2.5 Clothing and footwear 0.0 (0.1) (2.1) Housing, energy 1.1 0.6 1.8 Health 0.1 0.1 3.3 Transport, telecommunication 0.1 0.0 (0.1) Recreation, culture, education 0.4 0.3 3.6 Restaurants and hotels 0.4 0.3 4.7 Other 0.2 0.2 3.5 Total 3.0 2.1 2.1 End of period change2 15.8% 3.0% 0.0 5.0 10.0 15.0 3.2% 2020 3.8% 2021 15.1% 2022 10.7% 2023 2.4% 2024 2.5% 2025 4.25% 09/2024 4.00% 11/2024 3.75% 02/2025 3.50% 05/2025 3.50% 12/2025 2% the CNB inflation target % % % % 3.0% 4.0% 5.0% 6.0% 7.0% 1D 1W 2W 1M 3M 6M 12M 2Y 3Y 4Y 5Y 6Y 7Y 8Y 9Y 10Y 12Y 15Y 20Y 30Y 31/12/2025 31/12/2024 31/12/2023
Page 8
Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2026 – 2030 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Karlovy Vary
Page 9
Note: Numbers as at 31 December 2025. The percentage represents the year-on-year change. (1) Out of which 812 ATMs have a deposit function (42%); (2) Average FTEs in 2025; (3) Includes control and enabling functions. consists of three service and distribution channels: • Digital platform • Branch network • Contact centre supported by own and shared ATM network, enabling deposit, withdrawal and service operations Overall business platform 9 Number of other employees2,3 Number of front line employees 2 Total number of clients Own & shared ATM network 1 Branch network Total number of employees 2 2,469 (1.9)% 122 1,313 (4.7)% 1,155 1.6m +0.3% +1.6% (1.6)% 1,942 (1.2)%
Page 10
Note: Payment transactions, loans granted, servicing transactions and sales transactions during FY 2025. Loans granted in CZK, other metrics in a number of units. The percentage represents the year-on-year change. (1) Digital platform users include clients and authorised signatories, a combination of Smart Banka and Internet Banka. is a critical distribution and service channel consisting of four key pillars: • Web: www.moneta.cz • Web: www.hypoteka.cz • Mobile: Smart Banka • Internet: Internet Banka Mobile application – Smart Banka has become the most popular platform for clients’ daily banking Digital platform 10 Sales transactions Loans granted Digital platform users 1 Payment transactions Average daily visits Servicing transactions 23.4m +1.5% 79.3m +8.4% 720ths 28.0bn +43.3% 483ths 1.6m +8.3% +2.0% +5.3%
Page 11
Note: Number of specialists represents average FTEs in 2025. Visits, distribution of 3rd party products and loans granted during FY 2025. Loans granted in CZK, other metrics in a number of units. NPS for 4Q 2025. Distribution of 3rd party products and loan applications in a number of units. The percentage represents the year-on-year change. (1) As at 31 December 2025; (2) Includes retail, SME and small business bankers; (3) 4Q 2025 retail client NPS = Net promoter score is the difference between the % of promoters and the % of detractors. Based on a survey focused on satisfaction with request handling; (4) Non-cash visits; (5) In number of units – includes 3rd party products such as insurance and wealth management. continues to play an important role in product distribution and client service. The network is organised into six distinct front-office units: • Retail banking (770 specialists (7.1)% YoY) • Wealth management distribution (66 specialists +24.0% YoY) • Mortgage distribution (25 specialists +2.4% YoY) • Small business banking (141 specialists (3.0)% YoY) • SME banking (120 specialists (3.0)% YoY) • Structured finance for corporate clients (9 specialists +3.0% YoY) Branch network 11 Number of staff at branches2 Distribution of 3rd party products5 Client satisfaction NPS 3 Branch visits 4 167ths (10.2)% 1,054 (5.7)% 90 810ths (15.4)% Number of branches 1 122 (1.6)% +9.8% Loans granted 48.2bn +12.1%
Page 12
Note: Average number of FTEs in 2025, NPS for 4Q 2025, other data cumulative during FY 2025 for retail and commercial clients. The percentage and percentage points represent the year-on-year change. (1) Inbound traffic = number of answered incoming calls; (2) 4Q 2025 retail client NPS = Net promoter score is the difference between the % of promoters and the % of detractors. Based on a survey focused on satisfaction with request handling; (3) Percentage of calls answered out of total incoming calls, including resolved customer requests from missed calls that were called back; (4) Email communication = number of answered emails or messages from Internet Banka, web forms, chats or social media; (5) Lifetime income estimate of all insurance units sold. complements the service and sales of both the digital and physical branch network through a range of communication channels: • Telephone • Email • Web • Chats • Social media Contact centre 12 Number of staff Email communication 4 Client satisfaction NPS 2 Percentage of answered calls 3 136ths (18.3)% 221 +9.4% 80 94.8% +1.3pp Inbound traffic 1 774ths (2.1)% Insurance sales income – CZK 5 164m +6.4% +14.3%
Page 13
Note: Withdrawals, deposits and service transactions on MONETA’s ATMs in a number of units during FY 2025. The percentage represents the year-on-year change. provides 24/7 access to withdrawals, deposits and miscellaneous services through its own and shared network. ATM alliance partnership includes four banks: • MONETA Money Bank • Komerční banka • Air Bank • UniCredit Bank ATM network 13 Deposit ATMs in shared network Own ATM deposits Own ATM network Own ATM withdrawals 2.4m +22.1% 812 561 13.6m (7.5)% Own & shared ATM network 1,942 ATM service transactions 3.2m +7.0% stable(1.2)% +2.1%
Page 14
Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2026 – 2030 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Praha – Černý Most
Page 15
Net profit of CZK 6.5 billion, up by 11.9% PROFIT AND LOSS STATEMENT Cost base slightly increased by 2.0%. Cost to income ratio at 41.9%, compared to 44.3% for FY 2024 Net interest income growth driven by higher lending income and lower deposit expense (NIM improved to 2.0%, compared to 1.9% in FY 2024) Net fee and commission income growth driven by the distribution of wealth management products (+21.2% or CZK 157 million YoY) and 25.9% lower fee expenses Cost of risk of CZK 444 million or 16bps, enabled by a persisting benign environment, resulting in a low NPL ratio of 1% PROFIT AND LOSS (CZK m) 2024 2025 CHANGE YoY Net interest income 8,919 9,707 8.8% Net fee and commission income 3,060 3,400 11.1% Other income 932 817 (12.3)% OPERATING INCOME 12,911 13,924 7.8% Operating expenses (5,722) (5,839) 2.0% OPERATING PROFIT 7,189 8,085 12.5% Cost of risk (386) (444) 15.0% PROFIT BEFORE TAX 6,803 7,641 12.3% Income tax (995) (1,140) 14.6% NET PROFIT 5,808 6,501 11.9% Earnings per share 11.4 12.7 11.9% Return on Tangible Equity 20.4% 23.4% 3.0pp Effective tax rate 14.6% 14.9% 0.3pp Net profit of CZK 6.5 billion, up by 11.9% with RoTE at 23.4% 15 Other income impacted by lower FX derivative result
Page 16
20252024 16 Net interest income (CZK m) Interest expense on customer deposits (CZK m) Interest income on loans (CZK m, YoY absolute change) Net interest income growth was impacted predominantly by lending activity and lower interest paid on deposits NET INTEREST INCOME DRIVERS Note: (1) Treasury and other net interest income composed of money market operations, investment portfolio, wholesale funding and issued bonds. Treasury and other net interest income1 (CZK m) 4Q’24 1Q’25 2Q’25 3Q’25 4Q’25 3,333 3,344 3,423 3,444 3,528 +195 1,491 1,266 1,241 1,150 1,079 4Q’24 1Q’25 2Q’25 3Q’25 4Q’25 (412) (2,395) (2,273) (2,243) (2,107) (2,145) 1Q’25 4Q’253Q’254Q’24 2Q’25 2,429 2,337 2,421 2,487 2,462 4Q 1Q 2Q 3Q 4Q +1.4% (1.0)% +250
Page 17
17 Net fee and commission income (CZK m) Fee expense (CZK m) Third-party commission income (CZK m) Net fee income growth as a result of lower expenses, expansion of wealth management and stronger penalty fees FEE AND COMMISSION INCOME & EXPENSE Fee income (CZK m) (194) (111) (119) (129) (134) 323 296 285 283 282 226 219 189 231 257 4Q’24 1Q’25 2Q’25 3Q’25 4Q’25 549 515 474 514 539 376 347 376 376 368 83 4Q’24 97 1Q’25 87 2Q’25 98 3Q’25 102 4Q’25 459 444 463 474 470 Wealth mngt +13.7% YoY Insurance (12.7)% YoY 814 848 818 859 875 4Q 1Q 2Q 3Q 4Q +7.5% +1.9% 1Q’25 4Q’253Q’254Q’24 2Q’25 Penalty +22.9% YoY Transactional & Servicing (2.1)% YoY Fee expense (30.9)% YoY 20252024
Page 18
18 Commissions from wealth management products distribution (CZK m) Outstanding amount of distributed wealth management products (CZK m) Outstanding amount of wealth management products expanded by 33% and supported a 21% growth in commissions DISTRIBUTION OF WEALTH MANAGEMENT PRODUCTS Note: Number of licensed staff and wealth management specialists as of 31 December in the relevant year. Number of licensed staff for the retail segment. 59,373 78,878 31/12/2024 31/12/2025 +32.9% 739 896 2024 2025 +21.2% 2024 2025 Change Number of licensed staff (MiFiD) 545 544 (0.2)% Wealth management specialists 48 67 +39.6% Distributed volume (CZK m) 23,540 22,420 (4.8)% Attrition (% avg balance, p.a.) 10.8% 9.6% (1.2)pp Opening fee (CZK m) 298 318 +6.7% Trailer fee (CZK m) 441 578 +31.1%
Page 19
19 Commissions from insurance product distribution (CZK m) Number of sold insurance products (in units) The lower number of insurance products sold is reflected in a recurrent income decrease of 2.2% INSURANCE PRODUCT DISTRIBUTION Note: (1) 2024 recurrent performance excluding one-off bonuses totalling CZK 51 million; (2) Number of staff with IDD and supplementary pension savings licenses as of 31 December in the relevant year. 1,172 2024 2025 51 1,223 1,146 (6.3)% 197,542 190,937 2024 2025 (3.3)% Recurrent performance1 2024 2025 Change Number of licensed staff2 728 715 (1.8)% Payment protection insurance Gross written premium (CZK m) 757 807 +6.6% Commissions earned (CZK m) 433 436 +0.9% Life insurance Annual premium equivalent (CZK m) 169 170 +0.6% Commissions earned (CZK m) 312 285 (8.9)% Pension insurance Units sold (ths) 32 28 (13.0)% Commissions earned (CZK m) 85 78 (8.3)% Other insurance products Commissions earned (CZK m) 342 347 +1.5% Recurrent income (2.2)%YoY One-offs
Page 20
20 • Regulatory charges decreased by 9.7% or CZK 21 million primarily due to lower contribution to the Resolution Fund • Administrative and Other expenses increased by 6% or CZK 97 million, mainly due to higher IT expenses • Personnel expenses increased by 3.9%, resulting from improved sales performance and labour market inflation, partially offset by 1.9% employee base reduction to 2,469 FTEs 1 • Cost to income ratio decreased by 2.4pp to 41.9% Note: Regulatory charges include mandatory contributions to Deposit Insurance, Resolution and Investor Compensation Funds; (1) Average FTEs in FY 2025. Cost base in line with our projection of CZK 5.8 billion; higher personnel and admin expenses partially offset by lower D&A OPERATING EXPENSES Operating expenses (CZK m) Key highlights 2,664 2,768 1,617 1,714 1,225 1,162 216 2024 195 2025 5,722 5,839 +2.0% Admin & Other +6.0% YoY Regulatory charges (9.7)%YoY Personnel +3.9% YoY Depreciation and amortisation (5.1)% YoY
Page 21
21 Note: (1) Inflation in 2021 at 3.8%, in 2022 at 15.1%, in 2023 at 10.7%, in 2024 at 2.4% and in 2025 at 2.5%. Cost base grew by 2.0% due to more intensive marketing and IT costs OPERATING EXPENSES Personnel expenses and number of FTEs (CZK m, CAGR) Administrative & Other expenses (CZK m, CAGR) 2,562 2,528 2,504 2,664 2,768 2021 2022 2023 2024 2025 +2.0% +3.9% 537 612 638 694 760 294 358 393 276 309210 213 205 224 246150 379 316 374 347 341 2021 89 2022 76 2023 76 2024 58 2025 1,570 1,588 1,686 1,617 1,714 +2.2% +6.0% Marketing +4.0% CAGR / +9.8%YoY Other (2.6)% CAGR / (1.9)%YoY IT +9.1% CAGR / +9.6% YoY Professional services (21.2)% CAGR / (24.1)%YoY Facilities, energy & ATM related +1.3% CAGR / +12.1% YoY YoY change 3,032 +0.8% 2,858 (5.8)% 2,516 (1.3)% 2,548 (10.8)% 2,469 (1.9)% Average number of FTEs Cumulative inflation in 2021-20251 34.5%
Page 22
22 MONETA maintains a stable level of depreciation and amortisation resulting from a stable annual investment budget OPERATING EXPENSES Depreciation and amortisation (CZK m, CAGR) Intangible and tangible assets (CZK m, CAGR) 606 679 701 716 627 339 336 319 318 329 251 234 213 191 206 2021 2022 2023 2024 2025 1,196 1,249 1,233 1,225 1,162 (0.7)% (5.1)% Amortisation +0.9% CAGR / (12.4)%YoY Lease cost (0.7)% CAGR / +3.6% YoY Depreciation (4.9)% CAGR / +7.7% YoY 3,184 3,379 3,332 3,365 3,498 1,641 1,454 1,584 1,453 1,552 990 864 816 807 831 2021 2022 2023 2024 2025 5,815 5,697 5,732 5,625 5,881 +0.3% +4.6% Intangible assets +2.4% CAGR / +4.0% YoY Property and equipment (4.3)% CAGR / +3.0% YoY Right-of-use assets (1.4)% CAGR / +6.8% YoY
Page 23
Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2026 – 2030 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Brno
Page 24
24 Loan portfolio (CZK bn) Loan portfolio yield (average) Funding base (CZK bn) KEY BALANCE SHEET METRICS Note: Loan portfolio = gross performing receivables. Cost of funding (average) 2024 1-3Q 2025 2025 4.90% 4.84% 4.85% (0.05)pp 2024 1-3Q 2025 2025 2.99% 2.18% 2.16% (0.83)pp 275.9 287.8 291.8 31/12/2024 30/09/2025 31/12/2025 +5.8% +1.4% 452.4 458.0 463.7 31/12/2024 30/09/2025 31/12/2025 +2.5% +1.2% Performance positively impacted by loan portfolio growth and lower cost of funding
Page 25
25 Notes: (1) Including reverse repo operations with the CNB; (2) Including CSA from Due to customers in the amount of CZK 215m at the end of 4Q 2024, CZK 200m at the end of 1Q 2025, CZK 175m at the end of 2Q 2025, CZK 202m at the end of 3Q 2025 and CZK 192m at the end of 4Q 2025. Balance sheet expanded by CZK 9.5 billion, attributable to moderate expansion of the deposit base BALANCE SHEET PROFILE AND DEVELOPMENT Assets (CZK bn) Equity and liabilities (CZK bn) Cash and cash balances at the CNB1 (9.9)% YoY Investment securities +3.0% YoY Net customer loans +5.7% YoY Repo operations and due to banks 2 +2.9% YoY Equity Customer deposits +2.5% YoY 275.4 277.7 283.2 287.1 291.2 116.7 123.1 123.7 124.5 120.1 88.9 85.0 82.5 74.2 80.1 14.0 4Q 14.9 1Q 13.4 2Q 13.5 3Q 13.2 4Q 495.0 500.7 502.8 499.2 504.5 +1.9% 31.9 33.3 29.9 31.7 31.2 10.1 11.0 8.9 9.0 429.8 432.8 438.1 432.9 440.4 4.0 19.2 4Q 4.5 19.1 1Q 5.1 19.2 10.5 2Q 4.5 21.2 3Q 4.2 19.7 4Q 495.0 500.7 502.8 499.2 504.5 +1.9% Other liabilities Issued bonds and subordinated deposits Other assets 20252024 20252024
Page 26
26 New lending volume (CZK bn) New commercial lending volume (CZK bn) New lending volume up by 22%, due to improved demand in both the retail and commercial segments NEW LENDING VOLUMES Note: (1) Including retail housing loans and auto loans; (2) Including commercial auto loans. New retail lending volume (CZK bn) 2024 2025 62.5 76.2 +21.9% 22.0 15.1 2024 26.3 18.4 2025 37.0 44.7 +20.6% Mortgage loans +22.0% YoY Consumer and Other loans1 +19.7% YoY 19.1 6.4 2024 23.2 8.4 2025 25.5 31.5 +23.8% Small business +31.4% YoY SME2 +21.2% YoY
Page 27
27 Loan portfolio (CZK bn) Lending portfolio growth at 5.8% was supported by expansion in new lending volumes LOAN PORTFOLIO Note: (1) Includes investment loans, working capital and commercial auto loans and leasing portfolio. 76.5 76.8 79.7 80.9 83.8 17.2 18.3 19.3 20.5 183.1 184.2 185.7 187.6 187.5 16.3 4Q 1Q 2Q 3Q 4Q 275.9 278.1 283.7 287.8 291.8 +5.8% Retail +2.4% YoY Small business +26.1% YoY SME1 +9.5% YoY 20252024
Page 28
28 Retail loan portfolio (CZK bn) Retail loan portfolio growth was driven by both mortgage and consumer lending RETAIL LOAN PORTFOLIO DEVELOPMENT Notes: (1) Loan to value ratio on the performing mortgage portfolio at 52.1% as at 31 December 2025; (2) Other loans include housing loans, credit cards and overdrafts. 11.5 131.3 38.6 2.7 1Q 11.1 132.7 39.1 2.7 2Q 10.8 134.2 39.8 12.0 3Q 10.5 133.6 40.6 2.8 4Q 130.2 38.1 2.7 4Q 183.1 184.2 185.7 187.6 187.5 2.8 +2.4% Mortgage portfolio1 +2.6% YoY Consumer loans +6.6% YoY Other loans2 (12.8)% YoY Auto loans +3.3% YoY 20252024
Page 29
29 Commercial loan portfolio (CZK bn) Investment and small business loans were the key drivers of 12.4% growth in the commercial segment in 2025 COMMERCIAL LOAN PORTFOLIO DEVELOPMENT Notes: (1) Auto loan portfolio includes financing of agricultural equipment (Smart Finance) and portfolio of MONETA Leasing; (2) Investment loan portfolio includes housing loans. 50.1 50.5 53.3 53.8 57.2 16.6 16.7 16.6 17.0 16.2 16.3 17.2 18.3 19.3 20.59.8 9.6 9.8 10.0 10.4 4Q 1Q 2Q 3Q 4Q 92.8 94.0 98.0 100.2 104.3 +12.4% Investment loan portfolio2 +14.3% YoY Working capital (2.6)% YoY Small business loan +26.1% YoY Auto loan1 +5.5% YoY 20252024
Page 30
30 Loan portfolio yield (%) Commercial loan portfolio yield (%) Overall loan portfolio yield maintained stable at 4.9%, retail yield improved to 4.4% and commercial yield declined to 5.7% LOAN PORTFOLIO YIELD EVOLUTION Note: For more details, please see the explanation in the glossary. Retail loan portfolio yield (%) 4.9 4.8 4.8 4.8 4.9 4Q 1Q 2Q 3Q 4Q 6.0 5.8 5.8 5.8 5.7 4Q 1Q 2Q 3Q 4Q 4.3 4.3 4.3 4.4 4.4 4Q 1Q 2Q 3Q 4Q 20252024 20252024 20252024
Page 31
31 Customer deposits and wholesale funding1 (CZK bn) Moderate deposit growth was impacted by systematic repricing and competitive situation mainly in the 2H 2025 FUNDING BASE Notes: (1) Wholesale funding consists of Issued bonds and Subordinated liabilities, both of which support the Bank’s capital position on an individual and consolidated basis. The balance also includes Due to banks balances (excl. opportunistic repo operations and CSA). Retail +2.2% YoY Commercial +3.3% YoY105.8 102.6 103.6 104.1 109.2 324.0 330.2 334.5 328.8 331.2 22.6 4Q 23.1 1Q 23.8 2Q 25.1 3Q 23.3 4Q 452.4 455.9 461.9 458.0 463.7 +2.5% Wholesale +3.2% YoY 20252024
Page 32
32 Monthly development of customer deposits and funding cost (%, CZK bn) Deposit repricing enabled net interest margin improvement in the 2H 2025 DEVELOPMENT OF COSTS AND BALANCES OF CUSTOMER DEPOSITS Net interest margin development over 12 months (%) 429.8 424.4 431.4 432.8 438.6 441.5 438.1 439.9 438.5 432.9 435.1 437.0 440.4 12/24 01/25 02/25 03/25 04/25 05/25 06/25 07/25 08/25 09/25 10/25 11/25 12/25 +2.5% 2.16% 2.16% 2.16% 2.13% 2.12% 2.08% 1.96% 1.91% 1.90% 1.91% 1.93% 1.95% 1.97% 2.05 1.95 1.92 1.90 1.90 1.90 1.99 2.04 2.01 2.00 2.01 2.00 2.00 Impacted by doubled mandatory reserves
Page 33
33 Retail customer deposits and wealth management (CZK bn) Combined position of deposits and AuM grew by 7%, where 70% of investments are funded from the existing deposit base RETAIL CUSTOMER DEPOSITS DEVELOPMENT AND WEALTH MANAGEMENT 324.0 330.2 334.5 328.8 331.2 59.4 63.2 67.4 73.2 78.9 4Q3Q2Q1Q4Q 410.1 383.4 402.0402.0393.4 +7.0% Wealth management +32.9% YoY Retail customer deposits +2.2% YoY 20252024
Page 34
34 Retail customer deposits (CZK bn) Repricing of retail deposits did not have a balance impact until 3Q 2025; growth returned in the 4Q 2025 RETAIL CUSTOMER DEPOSITS DEVELOPMENT Notes: (1) Including building savings accounts. 269.2 275.0 278.0 272.8 275.9 54.8 55.2 56.5 56.0 55.3 4Q 1Q 2Q 3Q 4Q 324.0 330.2 334.5 328.8 331.2 +2.2% Current account deposits +0.9% YoY Savings, term and other deposits1 +2.5% YoY 20252024
Page 35
35 Commercial customer deposits (CZK bn) Commercial segment grew by 3.3%, supported by both product categories COMMERCIAL CUSTOMER DEPOSITS DEVELOPMENT Notes: (1) Including building savings accounts. Current account deposits +1.9% YoY Savings, term and other deposits1 +4.6% YoY 52.8 55.0 53.8 53.5 55.2 53.0 47.6 49.7 50.6 54.0 4Q 1Q 2Q 3Q 4Q 105.8 102.6 103.6 104.1 109.2 +3.3% 20252024
Page 36
36 Cost of funds1 – average (%) Wholesale funding2 (%) Cost of funding reduced by 25 basis points from the beginning of the year COST OF FUNDS Notes: (1) Excluding opportunistic repo operations and CSA; (2) Wholesale includes Issued bonds, Subordinated liabilities and Due to banks balances and excludes opportunistic repo operations and CSA. Customer deposits (%) Commercial (%) Retail (%) 2.37 4Q 2.24 1Q 2.19 2Q 2.08 3Q 2.12 4Q 4.71 4Q 4.77 1Q 4.69 2Q 4.58 3Q 4.93 4Q 2.25 4Q 2.11 1Q 2.06 2Q 1.93 3Q 1.96 4Q 2.43 4Q 2.31 1Q 2.26 2Q 2.08 3Q 2.11 4Q 1.70 4Q 1.47 1Q 1.43 2Q 1.47 3Q 1.52 4Q 20252024 20252024 20252024 20252024 20252024
Page 37
Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2026 – 2030 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Praha – OC Harfa
Page 38
38 Cost of risk (release in brackets, creation without brackets, YtD) Non-performing loan ratio Loan loss provision coverage All indicators reflect a benign environment and focused risk management practises KEY RISK RATIOS Total non-performing loan coverage 2024 1-3Q 2025 2025 0.14% 0.16% 0.16% +0.02pp 2024 1-3Q 2025 2025 1.3% 1.1% 1.0% (0.3)pp 2024 1-3Q 2025 2025 113.6% 121.3% 122.1% +8.5pp 2024 1-3Q 2025 2025 1.45% 1.33% 1.24% (0.21)pp
Page 39
39 Note: (1) FY 2025: impact into the cost of risk line at CZK 108m and into other operating income line at CZK 7m; FY 2024: impact into the cost of risk line at CZK 127m and into other operating income line at CZK 5m. COST OF RISK Cost of risk (CZK m, release in brackets, creation without brackets, QtD) Annualised cost of risk (%, release in brackets, creation without brackets, QtD) • FY 2025 cost of risk at CZK 444 million or 16bps (FY 2024: CZK 386 million or 14bps); • FY 2025 income on NPL disposals at CZK 115 million (FY 2024: CZK 132 million).1 0.05 0.22 0.17 0.10 0.14 4Q 1Q 2Q 3Q 4Q 2024 2025 4Q 1Q 2Q 3Q 4Q COST OF RISK 35 151 117 74 102 Retail 82 181 61 46 30 Commercial (48) (30) 56 28 72 20252024 • FY 2025 impacted by CZK 246 million release of management overlays • 4Q 2024 positively impacted by the update of the IFRS 9 provisioning model Positive change in economic forecast, success in NPL disposals and reduction in management overlays resulted in low cost of risk
Page 40
40 Gross loan portfolio (CZK m) Non-performing loan portfolio2 (CZK m) Loan loss provisions (CZK m) Historically lowest NPL ratio due to successful reduction of the overall balance enabled overall coverage reduction LOAN PORTFOLIO AND LOAN LOSS PROVISIONS Note: (1) Management overlays on expected credit losses reflecting potential risks associated with an environment of high inflation and high interest rates; (2) NPLs include gross loan portfolio balance in Stage 3 and non-performing gross loan portfolio balance in Stage POCI. Loan loss provision coverage 3,568 3,612 3,458 3,193 2,990 4Q 1Q 2Q 3Q 4Q (16.2)% 279,435 281,755 287,124 290,975 294,810 4Q 1Q 2Q 3Q 4Q +5.5% 4Q 1Q 2Q 3Q 4Q 1.45% 1.42% 1.37% 1.33% 1.24% 3,658 3,675 3,692 3,630 3,504 394 4Q 338 1Q 239 2Q 242 3Q 148 4Q 4,052 4,013 3,931 3,872 3,652 (9.9)% Management overlays1 Loan loss provisions 121% 122%114% 111% 114% Total NPL coverage 20252024 20252024 20252024 20252024
Page 41
41 NPL balance and net formation (CZK m) Decreasing NPL formation, combined with successful NPL disposals and a stable cure rate, resulted in a decrease in the NPL portfolio NON-PERFORMING LOAN DEVELOPMENT Note: NPL balance excluding loan loss provision. (1) Includes also repayment and classification upgrades of loans where the concessions were provided; (2) Write-off includes the unrecovered part of sold receivables. The recovered part obtained within the debt sale is included in Cured. 3,568 3,612 3,458 3,193 2,990 1,222 1,105 963 804 Dec 2024 NPL forma- tion Cured1 Write- off2 Mar 2025 Write- off2 Cured1NPL forma- tion Sep 2025 Dec 2025 Write- off2 Cured1NPL forma- tion Jun 2025 Write- off2 Cured1 (1,005) (173) (1,065) NPL forma- tion (1,099) (131) (705) (301) (194) Net NPL formation (154) Net NPL formation (265) Net NPL formation (203) Net NPL formation +44
Page 42
42 Share of past due exposures on total gross portfolio balance (%) Slight increase in 30+ and 60+ days past due balances due to “year-end effect” largely cured in the following month PAST DUE EXPOSURES DEVELOPMENT Note: 30+ delinquency represents due exposures in the range between 30 and 60 days past due, 60+ delinquency represents due exposures in the range between 60 and 90 days past due, 90+ delinquency represents due exposures more than 90 days past due. 0.53 0.51 0.45 0.47 0.46 0.34 0.37 0.33 0.30 0.31 0.32 0.34 0.32 0.31 0.33 0.37 0.37 0.36 0.35 0.33 0.30 0.27 0.30 0.17 0.19 0.17 0.16 0.13 0.10 0.10 0.09 0.06 0.10 0.10 0.09 0.10 0.10 0.12 0.10 0.13 0.13 0.10 0.08 0.10 0.08 0.09 1.36 1.23 1.15 1.11 1.09 0.87 0.71 0.73 0.58 0.64 0.63 0.57 0.59 0.55 0.61 0.61 0.65 0.63 0.53 0.55 0.53 0.56 0.50 1Q 2Q 3Q 4Q 1Q 0.92 2Q 3Q 4Q 1Q 0.08 2Q 3Q 4Q 1Q 2Q 3Q 0.40 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 30+ 60+ 90+ 2021 20222020 2023 2024 2025
Page 43
Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2026 – 2030 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Karlovy Vary
Page 44
44 Loan to deposit ratio Liquidity coverage ratio Share of high-quality liquid assets on customer deposits Throughout the year, liquidity indicators remained strong and stable KEY LIQUIDITY RATIOS Net stable funding ratio 31/12/2024 30/09/2025 31/12/2025 64% 66% 66% 31/12/2024 30/09/2025 31/12/2025 357% 335% 321% 31/12/2024 30/09/2025 31/12/2025 181% 177% 178% 31/12/2024 30/09/2025 31/12/2025 43% 40% 40%
Page 45
45 High-quality liquid assets (CZK bn) The HQLA position remained strong; decline reflected lending growth and doubling of mandatory reserves (CZK 8 billion increase) HIGH-QUALITY LIQUID ASSETS DEVELOPMENT 107.3 112.5 114.0 114.3 111.9 75.6 65.7 61.3 53.8 58.8 3.8 4Q 2.9 1Q 3.1 2Q 3.4 3Q 3.5 4Q 186.7 181.1 178.4 171.4 174.2 (6.7)% Cash (6.1)% YoY Balances at the CNB (22.3)% YoY Government and other bonds +4.3% YoY 20252024
Page 46
Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2026 – 2030 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Liberec
Page 47
47 Capital adequacy ratio Paid and proposed dividends (CZK m) Tier 1 capital adequacy ratio Solid capital position with CZK 5.7 billion excess, enabling CZK 5.9 billion accrued dividend distribution (CZK 11.5 per share) KEY CAPITAL RATIOS – CONSOLIDATED BASIS Note: (1) Including 100bps of management buffer; (2) Including 75bps of management buffer, which is covered by Tier 1 capital; (3) Accrued dividend is subject to corporate, regulatory and regulator’s limitation and subject to shareholders’ approval at the General Meeting to be held on 21 April 2026; (4) Excess capital over the management capital target of 15.05% as at 31 December 2024 and 15.25% as at 31 December 2025; 2025 excess capital does not include 2025 accrued dividend of CZK 5.9bn; (5) Excess capital over Tier 1 management capital target of 12.23% as at 31 December 2024 and 12.50% as at 31 December 2025. Excess capital over management target4 (CZK m) 15.05% 3.20% 31/12/2024 15.25% 3.45% 31/12/2025 18.25% 18.70% Management target1 12.23% 2.24% 31/12/2024 12.50% 1.63% 31/12/2025 14.46% 14.13% Management target 2 Excess capital T1, T2 and debt instruments Distributable excess capital 1,533 2,044 5,110 5,877 2024 2025 6,643 7,921 +19.2% 3,885 2,693 1,657 2,989 31/12/2024 31/12/2025 5,543 5,681 +2.5% Tier 1 excess5 Tier 2 excess Extraordinary dividend paid on 17/12/2024 2024 dividend paid on 21/05/2025 Extraordinary dividend paid on 16/12/2025 2025 accrued dividend 3
Page 48
48 Regulatory capital (CZK bn) Capital adequacy ratio Risk-weighted assets and density (CZK bn, %) Capital position supported by a reduction in RWA density and a Tier 2 bond issuance, with the capital adequacy ratio improving by 45bps CAPITAL POSITION ON A CONSOLIDATED BASIS Note: (1) Including 100bps of management buffer; (2) Excess capital and accrued dividend as at 31 December 2025 are subject to corporate, regulatory and regulator´s limitations; (3) Including changes based on Article 473a of Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and amending Regulation (EU) No. 648/2012, change of T2 capital, changes in intangibles and other; (4) 90% of 2025 net profit. Excess capital over management capital target of 15.25%1,2 (CZK m) 6.6 25.1 31/12/2024 7.5 23.3 31/12/2025 31.6 30.8 31/12/2024 31/12/2025 173.5 164.8 5,543 5,6811,321 584 6,501 0 5,000 10,000 15,000 31 Dec 2024 Change of capital requirement Change in RWA Other changes in capital3 Extra- ordinary dividend 2025 Net profit 2025 Dividend accrual 4 31 Dec 2025 (347) (2,044) (5,877) Tier 2 Tier 1 15.05% 3.20% 31/12/2024 15.25% 3.45% 31/12/2025 18.25% 18.70% Management target1 Excess capital T1, T2 and debt instruments Density 35.0% 32.6%
Page 49
49 Regulatory capital and MREL instruments (CZK bn) MREL adequacy ratio Risk-weighted assets and density (CZK bn, %) On an individual basis, a solid MREL ratio of 27.5%, supported by a Tier 2 bond issuance CAPITAL POSITION ON AN INDIVIDUAL BASIS Note: (1) Consists of a total MREL requirement and a management buffer of 1%. • MONETA holds 2025 dividend accrual of CZK 5.9 billion, representing 90% of the consolidated net profit (CZK 11.5 per share) • MREL position of 27.52% constitutes an excess of 517 basis points above the MREL management target • Risk-weighted assets position decreased by 4.0% to CZK 161.4 billion despite 5.8% growth in loan book (+CZK 16 billion), due to successful CRR3 implementation 26.3 6.6 12.5 31/12/2024 24.8 7.5 12.1 31/12/2025 45.4 44.4 21.95% 5.04% 31/12/2024 22.35% 5.17% 31/12/2025 26.99% 27.52% MREL management target1 Excess over MREL management target 31/12/2024 31/12/2025 168.1 161.4 Tier 2 Tier 1 MREL 35.0% 32.6% Density
Page 50
Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2026 – 2030 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Prachatice
Page 51
Note: Please see pages 54, 55 and 82 of this presentation for limitations of forward-looking statements and their assumptions. (1) Assuming no changes in the current tax regulation. Over next five years, we aim to deliver cumulative earnings per share of CZK 72.6, translating to 5.9% growth 2026 – 2030 MEDIUM-TERM GUIDANCE Metrics 2026 2027 2028 2029 2030 CAGR 2026-2030 Total operating income (CZK bn) 14.6 15.4 16.1 16.7 17.5 4.6% Total operating expenses (CZK bn) (6.0) (6.1) (6.2) (6.4) (6.5) 2.0% Operating profit (CZK bn) 8.6 9.3 9.9 10.4 11.0 6.3% Cost of risk (bps) (20-35) (25-45) (25-45) (25-45) (25-45) - Effective tax rate1 15.5% 15.5% 15.5% 15.5% 15.5% - NET PROFIT (CZK bn) 6.6 7.0 7.4 7.8 8.3 5.9% Earnings per share (CZK) 12.9 13.7 14.5 15.3 16.2 5.9% Dividend per share (CZK) 11.6 12.3 13.0 13.7 14.6 5.9% Return on Tangible Equity 23% 23% 24% 24% 25% - 51
Page 52
52 Previous market guidance published on 31 January 2025 2026 – 2029 Net profit (CZK bn) On comparable basis new market guidance aims for cumulative net profit of CZK 28.8 billion, up by 5.5% 2026 – 2029 MEDIUM-TERM GUIDANCE Note: Guidance is subject to change based on actual financial results of the Group in the years 2026 to 2029 and corporate, regulatory and regulator’s limitations. Please see pages 54, 55 and 82 of this presentation for limitations of forward-looking statements and their assumptions. New market guidance 2026 – 2029 Net profit (CZK bn) 6.3 6.6 7.0 7.4 6.6 7.0 7.4 7.8 2026 2027 2028 2029 2026 2027 2028 2029 CZK 27.3bn CZK 28.8bn 20% 21%RoTE 21% 22% 23% 23% 24% 24% +5.5%
Page 53
2021 – 2030 Net profit1 (CZK bn) The current guidance on comparative basis aims for nearly 40% improvement in net profit NET PROFIT EVOLUTION Note: Guidance is subject to change based on actual financial results of the Group in the years 2026 to 2030 and corporate, regulatory and regulator’s limitations. Please see pages 54, 55 and 82 of this presentation for limitations of forward-looking statements and their assumptions. (1) 2021 – 2025 represents final data, 2026 – 2030 represents guidance. 4.0 5.2 5.2 5.8 6.5 6.6 7.0 7.4 7.8 8.3 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CZK 26.7bn CZK 37.1bn +CZK 10.4bn 53 +39.1%
Page 54
54 Note: Please see also pages 55 and 82 for limitations of forward-looking statements and their assumptions. Source 2026 – 2027: GDP, unemployment and inflation rates based on the CNB forecast issued in autumn 2025; 2W repo rate and 1M Pribor based on internal assumptions. 2028 – 2030: all data based on internal assumptions. Macroeconomic assumptions for medium-term guidance 2026 – 2030 MEDIUM-TERM GUIDANCE 2026 2027 2028 2029 2030 GDP growth 2.4% 2.8% 2.5% 2.5% 2.5% Unemployment 3.0% 2.9% 2.9% 2.9% 2.9% Inflation 2.2% 2.5% 2.0% 2.0% 2.0% 2W repo rate (annual average) 3.5% 3.5% 3.5% 3.5% 3.5% 1M Pribor (annual average) 3.6% 3.6% 3.6% 3.6% 3.6% CZK/EUR 24.6 24.6 24.6 24.6 24.6
Page 55
55 Note: Please see also pages 54 and 82 for limitations of forward-looking statements and their assumptions. Projected loans and deposits growth 2026 – 2030 MEDIUM-TERM GUIDANCE 2025 2026 2027 2028 2029 2030 CAGR 2025-2030 Gross performing loans development 291.8 306.2 326.2 349.4 372.4 392.8 6.1% Retail 187.5 189.5 195.7 204.9 214.8 222.9 3.5% Commercial 104.3 116.7 130.5 144.6 157.6 169.9 10.2% Customer deposits development 440.4 453.7 471.4 489.1 506.9 524.7 3.6% Retail 331.2 341.4 356.5 371.5 386.5 401.5 3.9% Commercial 109.2 112.3 114.9 117.6 120.4 123.2 2.4%
Page 56
Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2026 – 2030 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Břeclav
Page 57
Events with Investors General Meeting Summary – November 2025 Distributed Dividends and Total Shareholder Return Capital Requirements Issued Bonds Overview Deposit and Lending Market Financial Statements & Key Performance Ratios Glossary of Terms • • • • • • • • Appendix
Page 58
Calendar for 1H 2026 REPORTING DATES, INVESTOR MEETINGS AND OTHER IMPORTANT DATES 58 1Q 2026 Earnings 24 April 2026 General Meeting Prague 21 April 2026 Record date for General Meeting 14 April 2026
Page 59
Events with Investors General Meeting Summary – November 2025 Distributed Dividends and Total Shareholder Return Capital Requirements Issued Bonds Overview Deposit and Lending Market Financial Statements & Key Performance Ratios Glossary of Terms • • • • • • • • Appendix
Page 60
60 Shareholders approved all the items on the agenda at General Meeting held on 14 November 2025 GENERAL MEETING SUMMARY The payment of an extraordinary dividend of CZK 4 per share, or a total of CZK 2 billion. The dividend was paid from the Bank's retained earnings on 16 December 2025. The extension of the terms of Mr. Gabriel Eichler, the current Chairman of the Supervisory Board, for another four years. The extension of the terms of Ms. Zuzana Prokopcová, the current Chair of the Audit Committee, for another four years. Key points approved by shareholders:
Page 61
Events with Investors General Meeting Summary – November 2025 Distributed Dividends and Total Shareholder Return Capital Requirements Issued Bonds Overview Deposit and Lending Market Financial Statements & Key Performance Ratios Glossary of Terms Appendix • • • • • • • •
Page 62
62 Net profit and dividend distribution (CZK m) Between 2016 and 2025, MONETA generated a cumulative net profit of CZK 45.5 billion with a dividend pay-out ratio of 93% DISTRIBUTION OF DIVIDENDS 2016–2025 Note: Dividend policy remains valid as long as MONETA operates at a capital adequacy ratio at a minimum of 100bps above the regulatory capital requirement and is subject to a variety of other factors and conditions. (1) In March 2020, the CNB instructed the banking sector to suspend their dividendpolicies. This recommendation stayed in place until 30 September 2021; (2) CZK 3.30 per share represents the interim dividend distributed on 17 December 2019; (3) 2024 includes a dividend from the 2024 net profit in the amount of CZK 10 per share and an interim dividend distributed from the Bank’s retained earnings of previous years in the amount of CZK 3 per share; (4) 2025 includes a proposed dividend from the 2025 net profit in the amount of CZK 11.5 per share and an interim dividend distributed from the Bank’s retained earnings of previous years in the amount of CZK 4 per share, proposed dividend is subject to corporate, regulatory and regulator´s limitations; (5) Calculated as the ratio of cumulative dividends for the years 2016-2025 to the average of share prices during the same period. 4,054 3,923 4,200 4,019 2,601 3,984 5,187 5,200 5,808 6,501 5,008 4,088 3,143 1,686 1,533 3,577 4,088 4,599 6,643 7,921Net profit Dividend 2016 2017 2018 2019 2020 2021 2022 2023 20243 2025E4 2016-2025E cumulative Pay-out ratio 124% 104% 75% 42%1 59% 90% 79% 88% 114% 122% 93% Dividend per share (CZK) 9.80 8.00 6.15 3.30 2 3.00 7.00 8.00 9.00 13.00 15.50 82.75 Share price – end of period (CZK) 82.80 82.40 72.50 85.00 68.00 93.75 76.00 93.60 123.80 193.40 n/a Dividend yield 11.8% 9.7% 8.5% 3.9% 4.4% 7.5% 10.5% 9.6% 10.5% 8.0% 85.2% 5
Page 63
63 Total shareholders return1 as at 31 December 2025 (%) MONETA delivered a total shareholder return of 71.2% TOTAL SHAREHOLDER RETURN COMPARISON Source: Company information, Bloomberg as at 31 December 2025; Note: (1) Calculated as the sum of share price performance as at 31 December 2025 vs 31 December 2024 and reinvested dividends paid in 2025; (2) EuroStoxx incl. 42 banks from the SX7P STOXX Europe 600 Banks Index. +49.5% MONETA Komerční banka Euro Stoxx Banks2 +71.2% +78.1% 95.0 125.0 155.0 185.0 30/12/2024 30/01/2025 28/02/2025 31/03/2025 30/04/2025 31/05/2025 30/06/2025 31/07/2025 31/08/2025 30/09/2025 31/10/2025 30/11/2025 31/12/2025 Komerční banka Eurostoxx banks
Page 64
Events with Investors General Meeting Summary – November 2025 Distributed Dividends and Total Shareholder Return Capital Requirements Issued Bonds Overview Deposit and Lending Market Financial Statements & Key Performance Ratios Glossary of Terms • • • • • • • • Appendix
Page 65
31/12 2024 31/03 2025 31/12 2025 MREL – loss absorption amount 10.3% 10.0% 10.0% MREL - recapitalisation amount 6.9% 7.1% 7.1% CRR capital conservation buffer 2.5% 2.5% 2.5% CRR countercyclical buffer 1.25% 1.25% 1.25% Systemic risk buffer - 0.5% 0.5% Total requirement 20.95% 21.35% 21.35% Management capital buffer 1.0% 1.0% 1.0% MANAGEMENT TARGET 21.95% 22.35% 22.35% 31/12 2024 31/03 2025 31/12 2025 Pillar I – CRR requirement 8.0% 8.0% 8.0% Pillar II – SREP requirement1 2.3% 2.0% 2.0% CRR capital conservation buffer 2.5% 2.5% 2.5% CRR countercyclical buffer 1.25% 1.25% 1.25% Systemic risk buffer - 0.5% 0.5% Total requirement 14.05% 14.25% 14.25% Management capital buffer 1.0% 1.0% 1.0% MANAGEMENT TARGET 15.05% 15.25% 15.25% Note: The CNB usually reassesses the above SREP capital requirements annually. The CNB may also launch an ad-hoc extraordinary SREP process, for example, in case of a change of the Bank’s consolidated unit. In 2025, the last change of requirements valid from 28/02/2025. (1) Although the Pillar II capital requirement was set only on a consolidated basis, its value is used with a delay in setting the MREL requirement on an individual basis. 2025 capital requirement on a consolidated basis increased by 20bps and on an individual basis by 40bps against December 2024 CAPITAL & REGULATORY REQUIREMENTS Capital requirement on a consolidated basis Capital requirement on an individual basis 65
Page 66
• Events with Investors • General Meeting Summary – November 2025 • Distributed Dividends and Total Shareholder Return • Capital Requirements • Issued Bonds Overview • Deposit and Lending Market • Financial Statements & Key Performance Ratios • Glossary of Terms Appendix
Page 67
67 Note: (1) First five years fixed rate; (2) MREL eligible instrument. In September 2025, MONETA issued a T2 capital instrument in the amount of EUR 100 million to further optimise the capital structure ISSUED BONDS OVERVIEW Bond type/ISIN Issue date Currency Nominal (million) Interest type Interest rate First call option Maturity Moody’s rating Tier 2 CZ0003704918 25 Sep 2019 CZK 2,001 Float 5.12% p.a. After 5 years 25 Sep 2029 Baa2 Tier 2 CZ0003705188 30 Jan 2020 CZK 2,601 Float 5.23% p.a. After 5 years 30 Jan 2030 Baa2 Senior Unsecured 2 XS2435601443 3 Feb 2022 EUR 100 Fixed to float 1.625% p.a.1 After 5 years 3 Feb 2028 A3 Senior Unsecured 2 XS2898794982 11 Sep 2024 EUR 300 Fixed to float 4.414% p.a.1 After 5 years 11 Sep 2030 A3 Tier 2 XS3154053436 9 Sep 2025 EUR 100 Fixed to float 4.514% p.a. 1 After 5 years 9 Sep 2035 Baa2
Page 68
Events with Investors General Meeting Summary – November 2025 Distributed Dividends and Total Shareholder Return Capital Requirements Issued Bonds Overview Deposit and Lending Market Financial Statements & Key Performance Ratios Glossary of Terms • • • • • • • • Appendix
Page 69
69 Deposit market (CZK bn) Commercial deposits (CZK bn) MONETA focused on systematic repricing which resulted in below-the-market growth CZECH DEPOSIT MARKET Note: Source: Market: Czech National Bank ARAD; Deposits include building savings deposits and further deposits of residents only, i.e. excluding non-residents, MONETA: Deposits include residents and non-residents including building savings deposits, excluding CSA and repo operations. Retail deposits (CZK bn) 324.0 4Q 330.2 1Q 334.5 2Q 328.8 3Q 331.2 4Q 3,659.0 3,695.4 3,732.0 3,769.6 3,834.3 +4.8%/+2.2% 105.8 4Q 102.6 1Q 103.6 2Q 104.1 3Q 109.2 4Q 3,267.8 3,518.1 3,612.8 3,614.0 3,532.3 +8.1%/+3.3%429.8 4Q 432.8 1Q 438.1 2Q 432.9 3Q 440.4 4Q 6,926.7 7,213.5 7,344.8 7,383.6 7,366.6 +6.3%/+2.5% Market MONETA 20252024 20252024 20252024
Page 70
70 Lending market – Gross loans (CZK bn) Commercial gross loans (CZK bn) MONETA’s growth significantly outperformed the market in the commercial segment CZECH LENDING MARKET Source: Market: Czech National Bank ARAD; Market gross loans include building savings loans and further residents’ loans only, i.e. excluding non-residents; MONETA: gross loans include residents and non-residents including building savings loans, principal, interests and fees. Retail gross loans (CZK bn) 185.5 4Q 186.6 1Q 187.9 2Q 189.8 3Q 189.5 4Q 2,277.2 2,309.3 2,357.2 2,415.5 2,470.0 +8.5%/+2.2% 93.9 4Q 95.2 1Q 99.2 2Q 101.1 3Q 105.3 4Q 1,907.2 1,948.4 2,000.4 1,984.1 2,034.6 +6.7%/+12.1%279.4 4Q 281.8 1Q 287.1 2Q 291.0 3Q 294.8 4Q 4,184.4 4,257.8 4,357.6 4,399.6 4,504.6 +7.7%/+5.5% Market MONETA 20252024 20252024 20252024
Page 71
Events with Investors General Meeting Summary – November 2025 Distributed Dividends and Total Shareholder Return Capital Requirements Issued Bonds Overview Deposit and Lending Market Financial Statements & Key Performance Ratios Glossary of Terms • • • • • • • • Appendix
Page 72
CZK m 31/12/20241 31/12/2025 YoY % Change Cash and cash balances at the central bank 13,541 20,898 54.3% Derivative financial instruments with positive fair values 596 633 6.2% Investment securities 116,664 120,112 3.0% Hedging derivatives with positive fair values 2,314 1,829 (21.0)% Change in fair value of items hedged on portfolio basis 200 63 (68.5)% Loans and receivables to banks 79,206 62,441 (21.2)% Loans and receivables to customers 275,383 291,158 5.7% Intangible assets 3,365 3,498 4.0% Property and equipment 2,260 2,383 5.4% Investments in associates 3 3 0.0% Current tax assets 70 20 (71.4)% Deferred tax assets 0 0 n/a Other assets 1,380 1,511 9.5% TOTAL ASSETS 494,982 504,549 1.9% Due to banks 3,834 3,975 3.7% Due to customers 430,021 440,602 2.5% Derivative financial instruments with negative fair values 532 477 (10.3)% Hedging derivatives with negative fair values 4,259 3,441 (19.2)% Change in fair value of items hedged on portfolio basis 78 60 (23.1)% Issued bonds 11,562 9,729 (15.9)% Subordinated liabilities 7,622 10,015 31.4% Provisions 263 309 17.5% Current tax liabilities 47 242 414.9% Deferred tax liabilities 469 435 (7.2)% Other liabilities 4,416 4,038 (8.6)% Total Liabilities 463,103 473,323 2.2% Share capital 10,220 10,220 0.0% Statutory reserve 102 102 0.0% Other reserves 1 1 0.0% Retained earnings 21,556 20,903 (3.0)% Total Equity 31,879 31,226 (2.0)% TOTAL LIABILITIES & EQUITY 494,982 504,549 1.9% 72 Note: (1) Audited. Consolidated statement of financial position FINANCIAL STATEMENTS
Page 73
CZK m 31/12/20231 31/03/2024 30/06/2024 30/09/2024 31/12/20241 31/03/2025 30/06/2025 30/09/2025 31/12/2025 Cash and cash balances at the central bank 10,871 12,226 9,468 11,816 13,541 18,019 21,476 19,267 20,898 Derivative financial instruments with positive fair values 544 560 575 504 596 491 494 522 633 Investment securities 104,353 103,215 101,967 106,040 116,664 123,081 123,727 124,455 120,112 Hedging derivatives with positive fair values 2,701 2,681 2,669 2,011 2,314 2,096 2,159 2,271 1,829 Change in fair value of items hedged on portfolio basis 122 244 74 864 200 366 207 (138) 63 Loans and receivables to banks 69,632 75,327 90,581 89,755 79,206 71,670 64,409 58,537 62,441 Loans and receivables to customers 263,064 266,731 271,010 270,364 275,383 277,742 283,193 287,103 291,158 Intangible assets 3,332 3,323 3,285 3,287 3,365 3,341 3,370 3,407 3,498 Property and equipment 2,400 2,392 2,315 2,236 2,260 2,426 2,361 2,314 2,383 Investments in associates 3 3 4 2 3 4 4 3 3 Current tax assets 76 66 184 92 70 15 26 21 20 Deferred tax assets 0 8 8 7 0 0 0 0 0 Other assets 1,086 1,250 1,123 1,241 1,380 1,484 1,325 1,468 1,511 TOTAL ASSETS 458,184 468,026 483,263 488,219 494,982 500,735 502,751 499,230 504,549 Due to banks 5,423 6,441 6,427 3,740 3,834 4,275 4,905 4,338 3,975 Due to customers 399,497 405,920 426,073 421,621 430,021 433,023 438,265 433,148 440,602 Derivative financial instruments with negative fair values 523 516 528 467 532 458 477 488 477 Hedging derivatives with negative fair values 4,548 4,497 3,691 5,964 4,259 4,825 3,944 3,070 3,441 Change in fair value of items hedged on portfolio basis 63 81 66 135 78 87 76 52 60 Issued bonds 3,808 3,856 3,874 11,545 11,562 11,559 11,631 11,257 9,729 Subordinated liabilities 7,604 7,548 7,591 7,568 7,622 7,529 7,593 9,951 10,015 Provisions 266 263 260 266 263 275 265 274 309 Current tax liabilities 54 79 48 63 47 76 71 154 242 Deferred tax liabilities 462 357 394 418 469 419 452 504 435 Other liabilities 3,733 4,979 4,003 4,592 4,416 4,864 5,209 4,325 4,038 Total Liabilities 425,981 434,537 452,955 456,379 463,103 467,390 472,888 467,561 473,323 Share capital 10,220 10,220 10,220 10,220 10,220 10,220 10,220 10,220 10,220 Statutory reserve 102 102 102 102 102 102 102 102 102 Other reserves 1 1 1 1 1 1 1 1 1 Retained earnings 21,880 23,166 19,985 21,517 21,556 23,022 19,540 21,346 20,903 Total Equity 32,203 33,489 30,308 31,840 31,879 33,345 29,863 31,669 31,226 TOTAL LIABILITIES & EQUITY 458,184 468,026 483,263 488,219 494,982 500,735 502,751 499,230 504,549 73 Note: (1) Audited. Consolidated statement of financial position – quarterly development FINANCIAL STATEMENTS
Page 74
CZK m 2024 2025 % Change Interest and similar income 22,207 19,681 (11.4)% Interest expense and similar charges (13,288) (9,974) (24.9)% Net interest income 8,919 9,707 8.8% Fee and commission income 3,725 3,893 4.5% Fee and commission expense (665) (493) (25.9)% Net fee and commission income 3,060 3,400 11.1% Dividend income 0 1 n/a Net income from financial operations 860 727 (15.5)% Other operating income 72 89 23.6% Total operating income 12,911 13,924 7.8% Personnel expenses (2,664) (2,768) 3.9% Administrative expenses (1,552) (1,644) 5.9% Depreciation and amortisation (1,225) (1,162) (5.1)% Regulatory charges (216) (195) (9.7)% Other operating expenses (65) (70) 7.7% Total operating expenses (5,722) (5,839) 2.0% Profit for the period before tax and net impairment of financial assets 7,189 8,085 12.5% Net impairment of financial assets (386) (444) 15.0% Profit for the period before tax 6,803 7,641 12.3% Taxes on income (995) (1,140) 14.6% Profit for the period after tax 5,808 6,501 11.9% Total comprehensive income attributable to the equity holders 5,808 6,501 11.9% 74 Consolidated statement of profit or loss and other comprehensive income FINANCIAL STATEMENTS
Page 75
CZK m 4Q 2023 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 Interest and similar income 6,048 5,964 5,751 5,345 5,147 4,911 4,955 4,884 4,931 Interest expense and similar charges (3,867) (3,889) (3,641) (3,040) (2,718) (2,574) (2,534) (2,397) (2,469) Net interest income 2,181 2,075 2,110 2,305 2,429 2,337 2,421 2,487 2,462 Fee and commission income 822 881 917 919 1,008 959 937 988 1,009 Fee and commission expense (159) (141) (165) (165) (194) (111) (119) (129) (134) Net fee and commission income 663 740 752 754 814 848 818 859 875 Dividend income 1 0 0 0 0 0 0 0 1 Net income from financial operations 240 285 229 164 182 168 146 167 246 Other operating income 10 17 14 22 19 25 27 22 15 Total operating income 3,095 3,117 3,105 3,245 3,444 3,378 3,412 3,535 3,599 Personnel expenses (738) (620) (625) (632) (787) (609) (624) (644) (891) Administrative expenses (486) (330) (405) (380) (437) (380) (443) (390) (431) Depreciation and amortisation (294) (301) (303) (307) (314) (293) (292) (289) (288) Regulatory charges 0 (228) 12 0 0 (195) 0 0 0 Other operating expenses (19) (7) (32) (11) (15) (21) (16) (9) (24) Total operating expenses (1,537) (1,486) (1,353) (1,330) (1,553) (1,498) (1,375) (1,332) (1,634) Profit for the period before tax and net impairment of financial assets 1,558 1,631 1,752 1,915 1,891 1,880 2,037 2,203 1,965 Net impairment of financial assets (133) (135) (102) (114) (35) (151) (117) (74) (102) Profit for the period before tax 1,425 1,496 1,650 1,801 1,856 1,729 1,920 2,129 1,863 Taxes on income (197) (210) (232) (269) (284) (263) (292) (323) (262) Profit for the period after tax 1,228 1,286 1,418 1,532 1,572 1,466 1,628 1,806 1,601 Total comprehensive income attributable to the equity holders 1,228 1,286 1,418 1,532 1,572 1,466 1,628 1,806 1,601 75 Consolidated statement of profit or loss and other comprehensive income - quarterly development FINANCIAL STATEMENTS
Page 76
Profitability FY 2024 FY 2025 Change in pp Yield 4.9% 4.9% 0.0 Cost of funds1 2.99% 2.16% (0.83) Cost of funds on customer deposits (% avg deposits) 2.93% 2.02% (0.91) NIM (% avg int earning assets) 2,3,4 1.9% 2.0% 0.1 Cost of risk (% avg net customer loans) 0.14% 0.16% 0.02 Risk-adj. yield (% avg net customer loans) 4.8% 4.7% (0.1) Net fee & commission income / Operating income 23.7% 24.4% 0.7 Net non-interest income / Operating income 30.9% 30.3% (0.6) Cost to income ratio 44.3% 41.9% (2.4) RoTE 20.4% 23.4% 3.0 RoE 18.2% 20.8% 2.6 RoAA2 1.2% 1.3% 0.1 Liquidity / Leverage Loan to deposit ratio 64.1% 66.1% 2.0 Total equity / Total assets 6.4% 6.2% (0.2) High-quality liquid assets / Customer deposits 43.4% 39.6% (3.8) Liquidity coverage ratio 357.2% 320.6% (36.6) Capital Adequacy RWA density 35.0% 32.6% (2.4) Total CAR 18.25% 18.70% 0.45 Tier 1 ratio 14.46% 14.13% (0.33) Asset Quality Non-performing loan ratio 1.3% 1.0% (0.3) Core non-performing loan coverage 39.5% 42.3% 2.8 Total NPL coverage 113.6% 122.1% 8.5 Loan to value ratio5 53.4% 52.1% (1.3) Loan to value ratio on new volumes (weighted average) 56.9% 56.1% (0.8) Operating platform Branch network 124 122 (1.6)% Own & shared ATMs6 1,966 1,942 (1.2)% Total employees7 2,516 2,469 (1.9)% 76 Note: (1) Deposits include issued bonds and exclude opportunistic repo transactions and CSA; (2) Including opportunistic repooperations; (3) Interest earning assets include encumbered assets; (4) Hedging derivatives are excluded from the calculation of interest earning assets; (5) On performing retail mortgage loans only; (6) ATM network including MONETA ATMs, Komerční banka ATMs, Air Bank ATMs and UniCredit Bank ATMs; (7) Average FTEs in the reported period, excluding members of the Supervisory Board and the Audit Committee. Key performance ratios FINANCIAL STATEMENTS
Page 77
Profitability 4Q 2023 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 Yield 4.9% 4.9% 4.9% 4.9% 4.9% 4.8% 4.8% 4.8% 4.9% Cost of Funds1 3.58% 3.60% 3.29% 2.70% 2.37% 2.24% 2.19% 2.08% 2.12% Cost of Funds on Customer Deposits (% Avg Deposits) 3.55% 3.58% 3.24% 2.63% 2.25% 2.11% 2.06% 1.93% 1.96% NIM (% Avg Int Earning Assets) 2,3,4 2.0% 1.8% 1.8% 1.9% 2.0% 1.9% 1.9% 2.0% 2.0% Cost of Risk (% Avg Net Customer Loans) 0.20% 0.20% 0.15% 0.17% 0.05% 0.22% 0.17% 0.10% 0.14% Risk-adj. Yield (% Avg Net Customer Loans) 4.7% 4.7% 4.8% 4.7% 4.8% 4.6% 4.7% 4.7% 4.7% Net Fee & Commission Income / Operating Income 21.4% 23.7% 24.2% 23.2% 23.6% 25.1% 24.0% 24.3% 24.3% Net Non-Interest Income / Operating Income 29.5% 33.4% 32.0% 29.0% 29.5% 30.8% 29.0% 29.6% 31.6% Cost to Income Ratio 49.7% 47.7% 43.6% 41.0% 45.1% 44.3% 40.3% 37.7% 45.4% RoTE 17.0% 17.1% 21.0% 21.5% 22.1% 19.5% 24.6% 25.6% 23.1% RoE 15.3% 15.4% 18.7% 19.2% 19.7% 17.6% 21.8% 22.8% 20.5% RoAA2 1.1% 1.1% 1.2% 1.3% 1.3% 1.2% 1.3% 1.4% 1.3% Liquidity / Leverage Loan to Deposit ratio 65.9% 65.8% 63.6% 64.2% 64.1% 64.2% 64.6% 66.3% 66.1% Total Equity / Total Assets 7.0% 7.2% 6.3% 6.5% 6.4% 6.7% 5.9% 6.3% 6.2% High-Quality Liquid Assets / Customer Deposits 40.0% 40.5% 41.9% 43.4% 43.4% 41.8% 40.7% 39.6% 39.6% Liquidity Coverage Ratio 354.4% 359.5% 339.5% 340.1% 357.2% 366.6% 339.0% 334.6% 320.6% Capital Adequacy RWA density 36.4% 36.3% 35.4% 35.6% 35.0% 32.7% 33.3% 33.2% 32.6% Total CAR 20.07% 19.60% 19.40% 19.23% 18.25% 19.13% 18.53% 19.97% 18.70% Tier 1 Ratio 15.74% 15.42% 15.36% 15.30% 14.46% 15.34% 15.04% 15.21% 14.13% Asset Quality Non-Performing Loan Ratio 1.4% 1.4% 1.4% 1.4% 1.3% 1.3% 1.2% 1.1% 1.0% Core Non-Performing Loan Coverage 47.9% 46.6% 47.2% 46.4% 39.5% 39.7% 40.7% 45.1% 42.3% Total NPL Coverage 121.6% 118.5% 116.1% 112.0% 113.6% 111.1% 113.7% 121.3% 122.1% Loan to value ratio 5 58.8% 57.8% 57.5% 56.1% 53.4% 53.3% 52.5% 52.1% 52.1% Loan to value ratio on new volumes (weighted average) 57.8% 59.5% 60.3% 56.0% 54.1% 53.5% 56.9% 57.4% 56.1% Operating platform Branch network 134 134 134 134 124 124 122 122 122 Own & shared ATMs6 1,971 1,976 1,978 1,981 1,966 1,936 1,948 1,942 1,942 Total employees7 2,533 2,508 2,517 2,516 2,524 2,453 2,470 2,472 2,479 77 Note: (1) Deposits include issued bonds and exclude opportunistic repo operations and CSA. Data restated in 2Q 2024 and 3Q 2024; (2) Including opportunistic repo operations; (3) Interest earning assets include encumbered assets; (4) Hedging derivatives are excluded from the calculation of interest earning assets; (5) On performing retail mortgage loans only; (6) ATM network including MONETA ATMs, Komerční banka ATMs, Air Bank ATMs and UniCredit Bank ATMs; (7) Average FTEs in the reported quarter, excluding members of the Supervisory Board and the Audit Committee. Key performance ratios – quarterly development FINANCIAL STATEMENTS
Page 78
Events with Investors General Meeting Summary – November 2025 Distributed Dividends and Total Shareholder Return Capital Requirements Issued Bonds Overview Deposit and Lending Market Financial Statements & Key Performance Ratios Glossary of Terms • • • • • • • • Appendix
Page 79
Annual premium equivalent Annual premium equivalent is an equivalent of twelve months written premium on all contracts originated during the period. Annualised Adjusted so as to reflect the relevant rate on the full-year basis ARAD ARAD is a public database that is part of the information service of the Czech National Bank. It is a uniform system of presenting time series of aggregated data for individual statistics and financial market areas Auto MONETA Auto, s.r.o. Average balance of net interest earning assets Two-point average of the beginning and ending balances of Net Interest Earning Assets for the period Average balance of net loans to customers Average of the beginning and ending balances of Loans and receivables to customers for the period Average balance of total assets Two-point average of the beginning and ending balances of Total Assets for the period Bank MONETA Money Bank, a.s. bn Billions bps Basis points Building savings/Building savings deposits Saving product, typical for building savings banks. The Bank undertakes clients’ deposits determined for housing financing. This act is supported by a financial contribution from the state. CAR / Capital Adequacy Ratio Ratio calculated as regulatory capital as a percentage of risk-weighted assets CET1 ratio CET 1 capital as a percentage of RWA (calculated pursuant to CRR) CNB Czech National Bank Consumer loans Includes unsecured consumer loans and unsecured housing loans provided by MONETA Money Bank Cost Base / OPEX Total operating expenses Cost of Funds (% Avg Deposits) Interest expense and similar charges for the period (excl. deposit interest rate swaps and opportunistic repo interest expenses) divided by the average balance of Due to banks, Due to customers and issued bonds and subordinated liabilities, excl. opportunistic repo operations and CSA 79 GLOSSARY 1/3 Cost of Funds on Customer Deposits (% Avg Deposits) Interest expense and similar charges on customer deposits for the period divided by the average balance of customer deposits CoR or cost of risk or cost of risk (% Avg Net Customer Loans) Net impairment of financial assets divided by the average balance of net loans to customers since 2018 based on IFRS 9. If cost of risk is shown in CZK, then it corresponds to “Net impairment of financial assets“ Cost to income ratio (C/I) Ratio (expressed as a percentage) of total operating expenses for the period to total operating income for the period CRR Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No. 648/2012, as amended CSA Credit Support Annex is a legal document which regulates credit support (collateral) for derivative transactions Customer deposits Due to customers excluding repo operations, subordinated liabilities and CSA CZSO Czech Statistical Office ETR / Effective Tax Rate Effective Tax Rate – calculated as taxes on income divided by profit for the period before tax Expected credit loss model The impairment model that measures credit loss allowances using a three-stage approach based on the extent of credit deterioration of financial assets since origination; Stage 1 – financial assets with no significant increase in credit risk since initial recognition, Stage 2 - financial assets with significant increase in credit risk since initial recognition but not in default, Stage 3 – financial assets in default FTE Figure states full-time equivalents in the last month of the quarter FVTOCI Financial assets measured at Fair Value Through Other Comprehensive Income FVTPL Financial assets measured at Fair Value Through Profit or Loss Funding Base Sum of Due to customers, Due to Banks, Issued Bonds and subordinated liabilities and excluding opportunistic repo operations and CSA FY Financial year GDP Gross domestic product Gross performing loans Performing loans and receivables to customers as determined in accordance with MONETA’s loan receivables categorisation rules (Standard, Watch)
Page 80
New volume / New production Aggregate of loan principal disbursed in the period for non-revolving loans New volume yield / New production yield Instalment products: model output of yield expected to be generated on newly originated loans based on inputs combining actual contractual terms and expected behaviour of the loan for the specific type of loan product. Revolving products (credit cards and working capital): weighted average of contractual rate on newly originated loans (credit limit) NPL / Non-performing loans Non-performing loans as determined in accordance with the MONETA´s loan receivables categorisation rules (substandard, doubtful, loss), Stage 3 according to IFRS 9 NPL Ratio Ratio (expressed as a percentage) of NPL to gross loans and receivables to customers NPL Coverage / Coverage / Total NPL Coverage Ratio (expressed as a percentage) of loss allowances for loans and advances to customers to NPL Operating profit Operating profit represents profit for the period before tax and Cost of Risk Opportunistic repo operations Repo transactions with counterparties which are closed on a back-to-back basis by reverse repo transactions with the CNB POCI POCI means purchased or originated financial asset(s) Portfolio yield Please refer to the definition of yield pp Percentage points Q Quarter QtD Quarter-to-date QtQ Quarter-to-quarter Regulatory Capital Consists of Tier 1 and Tier 2 capital (according to CRR regulation) Retail clients Clients/individuals who have their product signed using their personal identification number Return on Tangible Equity or RoTE Return on tangible equity calculated as annualised profit after tax for the period divided by tangible equity Return on Average Assets or RoAA Return on average assets calculated as annualised profit after tax for the period divided by the average balance of total assets Return on Equity or RoE Return on equity calculated as annualised profit after tax for the period divided by total equity RWA Risk-Weighted Assets calculated pursuant to CRR Gross written premium Gross written premium is the sum of all monthly premiums collected during the period Group The Bank and its subsidiaries High-quality liquid assets / HQLA According to Basel III regulation, assets that are easily and immediately convertible into cash at little or no loss of value. MONETA considers as HQLA its cash balances, balances held in the central bank and Czech government bonds after the application of regulatory haircuts as set out in Article 9 of the Commission Delegated Regulation (EU) 2015/61. Housing loans Includes housing loans provided by MONETA Stavební Spořitelna IDD Insurance Distribution Directive IFRS International Financial Reporting Standards Investment securities Equity and debt securities in the Group´s portfolio; consist of securities measured at amortised cost, fair value through other comprehensive income (FVTOCI) and fair value through profit or loss (FVTPL) k/ths Thousands Leasing MONETA Leasing, s.r.o. LCR/Liquidity Coverage Ratio Liquidity Coverage Ratio measures the ratio (expressed as a percentage) of MONETA’s buffer of high-quality liquid assets to its projected net liquidity outflows over a 30-day stress period, as calculated in accordance with EU Regulation 2015/61 Loan loss provision coverage Ratio (expressed as a percentage) of loss allowances for loans and receivables to customers to total gross loan portfolio balance Loan portfolio Gross performing loan portfolio LtD ratio or Loan to Deposit ratio Loan to deposit ratio calculated as net loans and receivables to customers divided by customer deposits, excluding subordinated liabilities, CSA and repos M / m Millions Management overlay Increment to the expected credit loss estimate which compensates for insufficient sensitivity of the core IFRS 9 model to specific macroeconomic conditions MONETA MONETA has the same meaning as the Group MREL Minimum Requirement of Own Funds and Eligible Liabilities MSS MONETA Stavební Spořitelna, a.s. (formerly Wüstenrot – stavební spořitelna, a.s.) Net Income/Net Profit Profit for the period after tax Net Interest Earning Assets Cash and cash balances at the central bank, investment securities, loans and receivables to banks, loans and receivables to customers and prior to the transition to IFRS 9 also financial assets at fair value through profit or loss, financial assets available for sale, financial assets held to maturity Net Interest Margin or NIM Net interest and similar income divided by the average balance of net interest earning assets Net Non-Interest Income Total operating income less net interest and similar income for the period 80 GLOSSARY 2/3
Page 81
81 GLOSSARY 3/3 RWA density Calculates the weighted average risk weight for the entire banking and trading book (incl. Off-balance & On-balance sheet), plus considering also Operational Risk, Market Risk and Counterparty Credit Risk RWA. It is defined as the Leverage Ratio to the Tier 1 Adequacy Ratio Small Business clients Clients or enterprises under their company identification number with an annual turnover of up to CZK 60 million Small Business loan portfolio Loans and receivables of unsecured instalment loans, commercial credit cards and unsecured overdrafts provided to an enterprise with an annual turnover of up to CZK 60 million SME / SME clients Clients or enterprises under their company identification number with an annual turnover above CZK 60 million SREP Supervisory Review and Evaluation Process, when the supervisor regularly assesses and measures the risks for each bank Stage 1, Stage 2, Stage 3 Stage 1 – financial assets with no significant increase in credit risk since initial recognition, Stage 2 - financial assets with significant increase in credit risk since initial recognition but not in default, Stage 3 – financial assets in default Tangible Equity Calculated as total equity less intangible assets and goodwill Tier 1 Capital The aggregate of Common equity tier 1 (CET1 Capital) and Additional Tier 1 which mainly consists of capital instruments and other items (including certain unsecured subordinated debt instruments without a maturity date) provided in Art. 51 of CRR Tier 1 Capital Ratio Tier 1 Capital as a percentage of risk-weighted assets Tier 2 Capital, T2 Regulatory Capital which consists of capital instruments, subordinated loans and other items (including certain unsecured subordinated debt obligations with payment restrictions) provided in Art. 62 of CRR Total Shareholder Return/TSR Total Shareholder Return based on the Bloomberg methodology including reinvested dividend Wealth management Distributed wealth management products Wholesale funding Includes Issued bonds and Subordinated liabilities and Due to banks balances (excl. opportunistic repo operations and CSA). Y Year Yield (% Avg. Net Customer Loans) Interest and similar income from loans to customers divided by the average balance of net loans to customers YoY Year-on-year YtD Year to date
Page 82
82 Disclaimer and other information • THIS PRESENTATION IS NOT AN OFFER OR A SOLICITATION OF OFFERS TO SELL, PURCHASE OR SUBSCRIBE FOR SHARES OF MONETA MONEY BANK, A.S. (THE “COMPANY”), OTHER SECURITIES OR OTHER FINANCIAL INSTRUMENTS. • Copies of this presentation may not be sent to countries, or distributed in or sent from countries, in which this is barred or prohibited by law. Persons into whose possession this presentation comes should inform themselves about and observe all such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of any such jurisdiction. This document does not constitute a recommendation regarding any securities. • The Company is under no obligation to update or keep current the information contained in this presentation, to correct any inaccuracies which may become apparent, or to publicly announce the result of any revision to the statements made herein, except to the extent it would be required to do so under applicable law or regulation. • Certain industry and market information in this presentation has been obtained by the Company from third-party sources. The Company has not independently verified such information and neither the Company nor any of its representatives provide any assurance as to and shall not be liable in any respect whatsoever (whether in negligence or otherwise) for the correctness, accuracy, fairness or completeness of such information or opinions contained in this presentation. • The Company was rated A2 with a stable outlook by Moody’s Deutschland GmbH (“Moody’s”). Moody’s was established in the European Union and is registered under Regulation (EC) No. 1060/2009, as amended (the “CRA Regulation”). As such, Moody’s is included in the list of credit rating agencies published by the European Securities and Markets Authority on its website (https://www.esma.europa.eu/supervision/credit-rating-agencies/risk) in accordance with the CRA Regulation. When selecting the rating agency, the Company proceeded in accordance with the obligations laid down in Article 8d of the CRA Regulation. • Figures in charts and tables may not add up due to rounding differences. Forward-looking statements • This presentation and subsequent discussion may contain projections, estimates, forecasts, targets, opinions, prospects, results, returns and forward-looking statements with respect to the management’s medium-term guidance, profitability, costs, assets, capital position, financial condition, results of operations, dividend and business of the Group (together, “forward-looking statements”). The forward-looking statements assume purely organic growth without regard to any potential acquisition. • Any forward-looking statements involve material assumptions and subjective judgements which may or may not prove to be correct and there can be no assurance that any of the matters set out in forward-looking statements will actually occur or will be realised or that such matters are complete or accurate. The assumptions may prove to be incorrect and involve known and unknown risks, uncertainties, contingencies and other important factors, many of which are outside the control of the Group. Actual achievements, results, performance or other future events or conditions may differ materially from those stated, implied and/or reflected in any forward-looking statements due to a variety of risks, uncertainties and other factors. Any forward-looking statement contained in this presentation is made as of the date of this presentation. MONETA Money Bank, a.s. does not assume, and hereby disclaims, any obligation or duty to update forward-looking statements if circumstances or management’s assumptions, beliefs, expectations or opinions should change, unless it would be required to do so under applicable law or regulation. For these reasons, recipients should not place reliance on, and are cautioned about relying on, any forward-looking statements. Material assumptions for forward-looking statements • See slide “Material assumptions for medium-term guidance” on pages 54 and 55.
Page 83
83 Contacts INVESTOR RELATIONS MONETA Money Bank, a.s. BB Centrum, Vyskočilova 1442/1b 140 28 Praha 4 – Michle Tel: +420 224 442 549 i nvestors@moneta.cz www.moneta.cz Identification number: 25672720 Bloomberg: MONET CP ISIN: CZ0008040318 Reuters: MONET.PR SEDOL: BD3CQ16 Linda Kavanová Jarmila Valentová Dana Laštovková