Slides
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FY / Q4 2024 results Frankfurt am Main, March 2025 Hubert Spechtenhauser, Chairman of the Management Board Christian Dagrosa, CFO and member of the Management Board
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A. Highlights and business update B. Group results 1 ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025
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ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Solid capitalisation as basis for confirming 1/3 dividend payout and intention to propose a dividend per share of EUR 0.59 for FY 2024 result at AGM in June 2025 Record loan growth, particularly driven by lower-volume segments and ProCredit banks, as well as highest ever deposit inflow further increasing our business and impact footprint Significant level of strategic investments in growth catalysts successfully undertaken; in line with or ahead of plan in all areas resulting in a temporarily higher C/I ratio Good profitability in transition year 2024: €104m net result or 10.2% RoE based on income growth, strong loan portfolio quality and positive contribution from most banks 2024: Strategy execution well underway 2
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FY 2024 results at a glance 3 Loan portfolio growth 12.6% (Group w/o SA: 13.7%) Above 10% Return on equity 10.2% (Group w/o SA: 11.2%) Around 10% Cost-income ratio 68.1% (Group w/o SA: 65.0%) Around 66% CET1 ratio and leverage ratio 13.1% and 8.4% > 13.0% CET1 ratio, c. 9% leverage ratio FY 2024 Updated guidance 2024 ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Note: Calculation for Group w/o SA as presented on page 19 of this presentation
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7.0 8.3 2023 2024 4ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Balance sheet transformation underway ~65% of loan growth in lower-volume segments 34.8% loan growth to private clients ~18% average loan growth of smaller banks 18.1% growth of private client deposits ~50% share of private clients in overall deposit growth 12.6% loan growth 14.3% deposit growth Strong growth metrics in FY-24 Smaller segments and banks contributing strongly Granular private client deposits as main driver 11.7% # private clients growth Delivering on strategic priorities laid out at Capital Markets Day 2024: significant step on our growth trajectory • New strategy communicated at Capital Markets Day in Mar-24, positioning ProCredit as Universal Bank for MSME and private clients • Record business growth in 2024: loan portfolio surpassing €7bn mark and customer deposits growing by >€1bn Loan portfolio Customer deposits +5,000 MSME clients to ~75,000 (in EUR bn)
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Strong execution of investments in growth catalysts In line with business strategy, short-term increasing C/I ratio People and training Modern branch network State-of-the-art technology Marketing & communication Below plan As planned Ahead of plan Strong increase in staff, focused on front-office functions (retail, business) and IT Ahead of planas successfully hired positions originally planned for 2025 New branches as premium advisory centers with proximity to clients and commercial centers plus modernization of existing branches New service points with client advisors e.g. in Kosovo, Albania and BiH Enhanced digital banking infrastructure for MSMEs (e.g. automated on-boarding for Micro, net-zero / CO 2 calculator) Substantial process and product improvements for retail (e.g. new banking app, digital loan origination) Targeted local marketing to further expand visibility with key client groups Marketing campaigns focused on private clients +19% staff increase +738 employees +6 new branches +41 new service points +27% IT expenses +21% marketing expenses ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 5 +31% budget centralized IT provider Quipu
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6 Impact at ProCredit today Fostering economic growth, environmental protection and social progress ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 ~200k jobs supported by our MSME clients(1) 62% of our business loans for capital formation of clients ~20% green loans for renewable energy & energy efficiency Net-zero SBTi(2) commitment to net-zero Extensive training part of holistic staff training ~20% of our loan clients are woman-owned MSMEs Economic Environmental Social Note: As of FY-24. (1) Estimated using the Joint Impact Model. (2) Science Based Targets Initiative.
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2.6 2.6 3.0 2.0 2.0 2.0 2025 2026 2027 - 29 SEE/EE Euro area 3.4 3.8 3.6 1.2 1.5 1.3 2025 2026 2027 - 29 SEE/EE Euro area 7 GDP outlook for SEE/EE well above Euro area Macroeconomic environment / key current themes Note: Inflation figures based on average period consumer prices Source: IMF World Economic Outlook Oct-24 ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Macro outlook for the region Positive growth outlook and increased international focus on SEE/EE GDP growth outlook Regional focus on SEE/EE War on Ukraine Situation in Ecuador Inflation and interest rates • Strong growth outlook and resilience of SEE/EE region • GDP outlook of around 3.5 – 4.0% p.a. in SEE/EE vs. more muted growth outlook in Euro area between 1.0 – 1.5% p.a.; Jan-25 projection by IMF slightly decreased Euro area growth to 1.0% in ‘25 and 1.4% in ‘26 • Risk factors inter alia include war on Ukraine and trade / tariff development • EU accession momentum; currently 8 of ProCredit countries of operation with status as candidates or potential candidates for EU membership • Continued high level of investment appetite and FDI inflows • Still ongoing with significant human and economic losses; negotiations around potential ceasefire ongoing • Ukraine GDP outlook of 3.5% in ‘25e and 5.0% in ‘26e (EBRD), however, subject to high risks as war continues and assuming ceasefire agreement in place by end-2025 • Among countries with lowest GDP growth in the region due to contractions in household consumption, government spending and investment • Main issues include economic disruptions following severe drought and energy crisis; deteriorated security situation • Decrease in inflation levels with decline towards 2% level from ’25e expected; SEE/EE slightly higher depending on country • ECB with lowered interest rates in Mar-25; FED in Dec-24, held rates constant in Mar-25 meeting Inflation well decreased, broadly stable outlook (in %)(in %)
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Outlook FY 2025 Continued strong focus on strategy execution 8 FY 2025 outlook Assumptions and risk factors: Assumptions and risk factors that apply to the FY 2025 outlook are included in the appendix of this presentation. ► Growth of the loan portfolio Around 12% Assuming no significant FX volatility ► Return on equity (RoE) Around 10% Based on continued low cost of risk ► Cost-income ratio (CIR) Around FY-24 level Due to further strong investments in growth, particularly in first half of 2025 ► CET1 ratio and dividend Around 13% CET1 ratio, 1/3 dividend payout ratio ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025
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Medium-term guidance Leading bank for MSMEs in our region Attractive bank for private clients with superior customer experience Increased size and scale for enhanced medium-term profitability Strong sustainability commitment 9 >€10bn loan portfolio (based on significant growth in # of clients) Return on equity ~13-14% (w/o ~1.5pp upside potential from Ukraine) Offer attractive dividends (33% payout ratio in line with group dividend policy) Cost income ratio ~57% (w/o one-off effects) Target operating model ProCredit’s medium-term ambitions ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Note: Return on equity of ~13 – 14%, based on over the cycle risk costs of 30 – 35 basis points
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A. Highlights and business update B. Group results 10ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025
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6.108 6.226 6.784 7.010 39% 42% 43% 44% FY-22 FY-23 9M-24 FY-24 Medium Small Micro Private clients 12.6% YoY 3.3% QoQ (in EUR m) 588 618 462 474 218 263 1,268 1,355 FY-23 FY-24 Energy efficiency Renewable energy Other green investments 6.8% YoY (in EUR m) 47% 34% 19% Investment loans Working capital loans Green loans Strong portfolio growth driven by all client segments ► Customer loans increase by EUR 784m or 12.6%, underscoring group strategy for strong and granular growth ~65% of growth from lower-volume segments (Micro, Small and Private Clients) with higher average interest rates, good deposit-reciprocity and lower capital intensity Strong growth rates particularly in Private Clients (+35%) and Micro (+56%); share of lower volume segments in total loans increases by 2.5pp in line with strategy Growth rates of on average ~18% in smaller banks providing highest scaling potential ► Number of business clients grows by more than 5k to 75k ► Green loan portfolio at EUR 1.4bn, representing close to 20% of total loan portfolio Loan portfolio by loan type Loan portfolio growth 11 Green loan portfolio Lower- volume segments ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025
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6,290 7,254 7,821 8,291 39% 41% 43% 43% FY-22 FY-23 9M-24 FY-24 Medium Small Micro Institutional Private clients 14.3% YoY 6.0% QoQ (in EUR m) 40% 22% 38% Current accounts Savings accounts Term deposit accounts Strong deposit development through digital banking channels 12ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 ► Customer deposits grow by EUR 1.0bn or 14.3% Share of deposits from private clients grows by 1.3pp, demonstrating good progress of ProCredit’s direct banking strategy Growth continues to be driven by term deposit accounts, as appetite for interest-bearing accounts remains high ► Strategic management of deposit/loan ratio and deposit base Deposit-to-loan ratio up 1.8 percentage points yoy Result of good positioning: increased and further diversified deposit base as strategic priority to further support margin development in the coming years Deposit growth Deposits by client and key metrics 43% share of deposits from private clients, up 1.3pp yoy 118% deposit / loan ratio, up 1.8 pp yoy Private clients
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412.5 444.3 FY-23 FY-24 7.7% (in EUR m) 247.0 302.8 FY-23 FY-24 (in EUR m) 22.6% 59.9% 68.1%CIR 111.4 113.6 Q4-23 Q4-24 2.0% (in EUR m) 13 Operating income and expense overview ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 ► Good increase in operating income yoy by EUR 31.8m or 7.7%, to EUR 444.3m Net interest income increases by 6%, though declining policy rates represent headwind for net margins Net fee income with slight improvement yoy Income from fx transactions up 14%; main driver for increase of net other operating income by EUR 9.1m Operating income Personnel and administrative expenses ► Cost-income ratio at elevated level of 68.1%, as strategic investments and Tier 2 bond issuance result in the anticipated short-term reduction of cost-efficiency Strategic investments reflected in higher costs for personnel, IT, marketing and depreciation Continued strict underlying cost discipline Administrative expenses Personnel expenses Net interest income Net fee and commission income Other operating income (net) 70.1 85.6 Q4-23 Q4-24 (in EUR m) 22.2% 62.9% 75.4%
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FY-23 Volume (assets) Volume (liabilities) Pricing (assets) Pricing (liabilities) Other FY-24 337.2 45.2 -18.6 7.3 -17.7 4.8 358.2 (in EUR m) 92.6 90.1 90.5 90.0 87.7 3.8% 3.7% 3.6% 3.5% 3.3% Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Net interest income NIM (in EUR m) Net interest income ► Q4 NII at EUR 87.7m lower than in previous quarters Volume-driven increases in income from customer loans (EUR 2.1m qoq) offset by lower income from cash and cash equivalents (EUR 3.1m qoq) as lower policy rates led to re- pricing of short-term assets Net interest margin at 3.33% in Q4, down 21 bps vs. Q3; broadly stable interest income, interest expenses increased largely as result of volume increase ► NII up EUR 21m or 6% yoy Positive effects from strong and continued loan growth momentum Higher average interest rates on deposits major driver in negative yoy pricing effects 14ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Quarterly development Development yoy (FY-24 vs. FY-23)
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14.3 14.1 15.3 14.7 15.2 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 (in EUR m) FY-23 Payment services Credit letters Account fee Cards and other Guarantee costs FY-24 57.5 2.6 0.7 0.1 -1.1 59.2 -0.7 (in EUR m) 51% 34% 5% 10% Payment services Account fee Credit letters Cards and other Net fee and commission income ► Q4 net fee and commission income of EUR 15.2m Increase of EUR 0.9m or 6.2% ► Net fee and commission income up YoY by EUR 1.6m or 2.9% Income from payment services grows EUR 2.6m or 9.7%, with additional positive effects of EUR 0.7m or 9.5% from rapidly expanding trade finance business Reduced net contribution from card services by €0.7m as result of fee increases Costs for guarantees, incl. MIGA and SME guarantees, increase by EUR 1.1m 15ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Quarterly development Development yoy (FY-24 vs. FY-23) Fee income split (FY-24)
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32.9 32.2 37.1 37.1 40.4 37.2 33.9 37.6 39.3 45.2 62.9% 61.7% 66.3% 68.8% 75.4% -15.0% -5.0% 5.0% 15.0% 25.0% 35.0% 45.0% 55.0% 65.0% 75.0% 85.0% Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Personnel expenses Administrative expenses Cost-income ratio (in EUR m) 24% 16% 12% 48% IT Depreciation Marketing Other admin FY-23 Personnel IT Depreciation Marketing Other admin FY-24 247.0 302.815.5 3.23.77.326.1 (in EUR m) Personnel and administrative expenses 16ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Quarterly development Development yoy (FY-24 vs. FY-23) Admin expense split (FY-24) ► Q4 personnel and administrative expenses of EUR 85.6m Costs related to strategic investments increasingly levelling; Q4 seasonal effects add to qoq increase in cost base Staff numbers up by ~160 or 4% with respect to Q3 Cost increases in IT (EUR 0.8m), marketing (EUR 0.5m) and f/a depreciation (EUR 0.5m) ► FY increase of EUR 55.8m yoy driven by strong investments in growth catalysts Personnel expenses up EUR 26.1m mainly due to 19% increase in staff number External IT costs +EUR 7.3m; f/a depreciation +EUR 3.7m; marketing costs +EUR 3.2m
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7.3 -2.5 2.6 -12.6 -5.2 Credit risk (incl. growth) Management overlays Model parameters (macro, LGD) Recoveries written off loans FY-24 (in EUR m) 6.5 0.3 5.4 -1.6 -9.3Q4-23 Q1-24 Q2-24 Loss allowance (in EUR m) 42 bps 2 bps 33 bps -10 bps -54 bps Cost of risk Q3-24 Q4-24 Loss allowance ► Q4 loss allowance with net release of EUR 9.3m Recoveries from stage 3 loans and reduction in provisions for central bank balances major drivers Management overlays with organic increase qoq due to loan growth and parameter update ► FY loss allowance with net release of EUR 5.2m Recoveries from w/o loans of EUR 12.6m remain major factor in low cost of risk Management overlays slightly reduced by EUR 2.5m Model parameter update impact of EUR 2.6m ► Overlay stock at level of EUR 59.5m EUR 35.4m on the level of banks outside Ukraine EUR 24.1m on the level of PCB Ukraine 17ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Quarterly development Provisioning overview (FY-24)
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Bulgaria 19% Serbia 14% Kosovo 13% Macedonia 8% Romania 6% Greece 6% Bosnia & Herzegovina 5% Albania 5% Ukraine 7% Georgia 6% Moldova 3% Ecuador 7% Germany 1% Trade 24% Production 19% Agriculture 15% Construction 9% Electricity 5% Transportation 5% Hotel, restaurant 3% Other economic activities 8% Housing 8% Investment and other 4% 2.7% 2.6% 2.5% 2.3% 2.3% Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 57.6% 57.8% 55.6% 56.1% 49.9% 9.2% 8.6% 8.1% 8.2% 8.1% Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 0.5% 0.0% 0.2% 0.2% 0.2% Loan portfolio quality 18ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Loan portfolio by geography Loan portfolio by sector Net-write offs (annualised) Stage 3 and coverage ratio Stage 2 1) Greece via Bulgaria entity 1
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113.8 37.9 -10.3 -37.0 114.7 104.3 South Eastern Europe Eastern Europe Group functions, net of consolidation Group w/o SA South America Group (FY-24, in EURm) 19 Contribution of regional segments to group net profit 1) Based on average allocated segment equity; Group w/o SA based on group consolidated equity 2) Consolidated group result minus adjusted segment South America 3) Reported segment result after tax of -€5.5m, without consideration of positive one-time effect from intra-group sale of headquarter reflected in other operating income of €4.9m, effect overall neutral on group level Customer loan portfolio (EUR m) 5.304 1.188 – 6,531 479 7.010 Change in customer loan portfolio 14.6% 10.5% – 13.7% -0.5% 12.6% Cost-income ratio 56.4% 54.5% – 65.0% 144.0% 68.1% Allocated equity (EUR m) 766 271 – n/a 46 1.056 Return on equity1 15.5% 15.5% – 11.2% -21.7% 10.2% ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Group functions, e.g. risk management, reporting, capital management, IT, liquidity management, training and development Includes ProCredit Holding, Quipu, ProCredit Academy Fürth, PCB Germany (EUR 39m loan portfolio; EUR 261m deposits) 32
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Strong remaining footprint with good result contribution: 24 18 22 1.5% 11.9% 7.3% 3.7% FY-21 FY-23 FY-24 Profit after tax Credit impaired loans (Stage 3) FY-22 -52 Successful de-risking since 2021: 757 582 497 512 12.8% 9.5% 8.0% 7.3% FY-21 FY-22 FY-23 FY-24 Loan portfolio % of group Update on ProCredit Bank Ukraine 20ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 ProCredit Holding increases capital of ProCredit Bank Ukraine by EUR 20m Insured by the Federal Government of Germany and resulting in strengthened positioning for any potential upside scenario Summary and key considerations: ► Capital increase at ProCredit Bank Ukraine from ProCredit Holding by EUR 20 million in Dec-24 ► By way of conversion of remaining subordinated loan agreement from ProCredit Holding with the bank into equity ► New investment insured under the umbrella of the German investment guarantee scheme by the Federal Government of Germany, resulting in reduction of group exposure to Ukraine ► Comfortable CET1 buffer against local requirements; local capital buffer increased to a pro-forma level of above 12 percentage points ► Positioning for any potential upside scenario in the country, e.g. reconstruction effort by the Western community UPDATE UKRAINE (in EURm)(in EURm)
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in EUR m Dec-23 Dec-24 CET1 capital 885 933 Additional Tier 1 capital 0 0 Tier 1 capital 885 933 Tier 2 capital 95 216 Total capital 979 1.149 RWA total 6,193 7,143 RWA density (RWA / total assets) 63.5% 66.4% CET1 capital ratio (fully loaded) 14.3% 13.1% Total capital ratio 15.8% 16.1% Leverage ratio 8.8% 8.4% 21 Regulatory capital, risk-weighted assets, capital ratios ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 ► CET1 ratio at 13.1%, not yet considering recognition of H2-24 result Capital ratios well above regulatory capital requirements1 of 9.4% CET1, 11.5% Tier 1, 14.4% Total Capital ratio Comfortable CET1 ratio despite strong loan growth, increase in OCP position and operational risk attributable to annual recalibration 1/3 dividend accrual for H1-24 profit already deducted CET1 ratio incl. H2-24 profit recognition (after 1/3 dividend accrual) of 13.5% ► Successful EUR 125m Green Tier 2 issuance in Q2-24, partially offset by aforementioned RWA increases ► Risk-weighted assets increases in credit risk mainly from organic business growth in MSME and PI business demonstrating the execution of the Group’s strategy ► No material impact from introduction of Basel IV ► Leverage ratio of 8.4% well above banking sector averages Capitalisation overview Development of CET1 capital ratio (fully loaded) 1) Own funds requirements expected to increase by 0.75 percentage points as announced on 06 March 2025, resulting in regulatory capital requirements of 9.8% for CET1, 12.1% for Tier 1 and 15.2% for Total Capital ratio 14.3% -1.4% -0.5% -0.3% 0.8% 13.1% 0.4% 13.5% CET1 ratio (Dec-23) Loan growth Increase in OpRisk and market risk Increase in liquid assets Q4-23 and H1-24 profits CET1 ratio (Dec-24) H2-24 profit CET1 ratio incl. H2-24 profit
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Q&A ProCredit Academy, Fürth-Weschnitz, Germany 22
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A. Impact reporting B. P&L and balance sheet C. Loan portfolio D. Information on segment and bank level E. Capital, liquidity and other information 23 Appendix ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025
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24 2024 sustainability highlights INTERNAL ENVIRONMENTAL INDICATORS DECARBONIZATION BUSINESS LOAN CLIENTS JOBS SUPPORTED THROUGH OUR BUSINESS CLIENTS EMPLOYEES electric and hybrid plug-in cars in car fleet premises certified by EDGE decrease in indoor water consumption per employee decrease in energy consumption per employee total number of green loans ktCO2emissions avoided through RE projects total number of business loan clients of loan clients are from the agriculture sector of loan clients are micro business clients female employment total employment (estimated number) youth employment female representation in top management hours of training per employee annual investment in employee training 61% 7.4% 6 3% 10,143 EUR1,355m 240.7 37,690 19.3% 25.6% 197,111 42% 7% 38% 124 EUR 9.7m total number of employees ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 4,689 total green loan portfolio CO2 Calculator rolled out in PCB Bulgaria ~20% of loan clients are woman-owned MSMEs
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ProCredit institutions certified under ISO 14001, EMAS and EDGE Introduction of our PLASTIC STRATEGY GREEN BOND placement with the IFC for green investments by SMEs PROCREDIT DIRECT Digital banking approach for private clients fully implemented Strong impact track record over the decades Network of EV CHARGING STATIONS installed Joined the NET-ZERO BANKING ALLIANCE Joined the UN GLOBAL COMPACT 1980 1997-1998 2003-2006 2008-2014 2015-2017 2018-2020 2021-2022 2023 ORIGIN ProCredit with IPC: Supporting downscaling of financial institutions in developing countries to provide micro loans to the unbanked Establishment of ProCredit as a BANKING GROUP and consolidation of ownership in ProCredit Holding Opening of the ProCredit academies GREEN LOANS granted for energy efficiency and renewable energy investments ENVIRONMENTAL EXCLUSION LIST introduced group-wide in the bank´s Code of Conduct LISTING of ProCredit Holding shares on Frankfurt Stock Exchange and first ESG RATING FIRST MICRO- FINANCE BANK in Bosnia and Herzegovina founded as a greenfield investment Founding of IMI (now ProCredit Holding) Introduction of a group- wide ENVIRONMENTAL MANAGEMENT approach, policy and governance structure BANKING LICENCE IN GERMANY Implementation of German regulatory standards, supervised by German banking authorities MSME FINANCE Shift of focus from micro lending to „Hausbank“ for SMEs Published OUR RESPONSE ON FORCED LABOUR ALLEGATIONS related to photovoltaic panel production in Xinjiang Report on GHG emissions associated with the loan portfolio, following PARTNERSHIP FOR CARBON ACCOUNTING FINANCIALS (PCAF) Commissioning of PROENERGY, our own 3MWp PV plant in Kosovo Defining of emission reduction targets in accordance with SCIENCE BASED TARGETS INITIATIVE (SBTi) Conversion from KGaA to AG Introduction of our INCLUSIVE FINANCE concept, with a focus on gender equity ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 25 2024 First DEI STRATEGY implemented Launching of CO2 CALCULATOR for MSME clients Issuance of GREEN TIER 2 BONDS with placement volume of EUR 125m
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Impact in ProCredit today Sustainability at ProCredit Social impact Environmental impact Climate action Green energy Diversity and inclusion Jobs and investment KPI: Green Lending ~20% Green LP / Total LP KPI: Emission Reduction Carbon neutrality & SBTi commitment to net-zero KPI: Gender Equity ~20% of our loan clients are women owned MSMEs KPI: Jobs ~200k jobs supported by our MSMEs KPI: Investment 62% of our business lending goes to capital formation ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Note: As of FY-24 26
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A. Impact reporting B. P&L and balance sheet C. Loan portfolio D. Information on segment and bank level E. Capital, liquidity and other information 27 Appendix ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025
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FY 2024 results at a glance 28ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 In EUR m Q4-23 Q4-24 FY-23 FY-24 Y-o-Y Income statement Net interest income 92.6 87.7 337.2 358.2 21.0 Net fee and commission income 14.3 15.2 57.5 59.2 1.6 Other operating income (net) 4.5 10.8 17.8 26.9 9.1 Operating income 111.4 113.6 412.5 444.3 31.8 Personnel expenses 32.9 40.4 120.6 146.8 26.1 Administrative expenses 37.2 45.2 126.3 156.0 29.7 Loss allowance 6.5 -9.3 15.5 -5.2 -20.7 Tax expenses 15.4 17.7 36.6 42.4 5.7 Profit after tax 19.4 19.5 113.4 104.3 -9.1 Key performance indicators Change in customer loan portfolio 0.0% 3.3% 1.9% 12.6% 10.6 pp Cost-income ratio 62.9% 75.4% 59.9% 68.1% 8.3 pp Return on equity 7.9% 7.5% 12.2% 10.2% -2.0 pp CET1 ratio (fully loaded) 14.3% 13.1% 14.3% 13.1% -1.2 pp Additional indicators Net interest margin 3.8% 3.3% 3.6% 3.5% -0.1 pp Net write-off ratio 0.5% 0.2% 0.5% 0.3% -0.2 pp Credit impaired loans (Stage 3) 2.7% 2.3% 2.7% 2.3% -0.4 pp Cost of risk 42 bps -54 bps 25 bps -8 bps -33 bp Stage 3 loans coverage ratio 57.6% 49.9% 57.6% 49.9% -7.8 pp Book value per share (EUR) 16.7 17.9 16.7 17.9 1.2 Deposit-to-loan ratio 116.5% 118.3% 116.5% 118.3% 1.8 pp
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Overview of quarterly financial development 29ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 In EUR m Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Income statement Net interest income 92.6 90.1 90.5 90.0 87.7 Net fee and commission income 14.3 14.1 15.3 14.7 15.2 Other operating income (net) 4.5 3.0 6.8 6.3 10.8 Operating income 111.4 107.2 112.6 111.0 113.6 Personnel expenses 32.9 32.2 37.1 37.1 40.4 Admininistrative expenses 37.2 33.9 37.6 39.3 45.2 Loss allowance 6.5 0.3 5.4 -1.6 -9.3 Tax expenses 15.4 7.2 8.4 9.0 17.7 Profit after tax 19.4 33.5 24.1 27.2 19.5 Key performance Indicators Change in customer loan portfolio 0.0% 3.0% 3.8% 1.9% 3.3% Cost-income ratio 62.9% 61.7% 66.3% 68.8% 75.4% Return on equity 7.9% 13.4% 9.6% 10.7% 7.5% CET1 ratio (fully loaded) 14.3% 14.3% 14.3% 14.1% 13.1% Additional Indicators Net interest margin 3.8% 3.7% 3.6% 3.5% 3.3% Net write-off ratio 0.5% 0.0% 0.2% 0.2% 0.2% Credit impaired loans (Stage 3) 2.7% 2.6% 2.5% 2.3% 2.3% Cost of risk 42 bps 2 bps 33 bps -10 bps -54 bps Stage 3 loans coverage ratio 57.6% 57.8% 55.6% 56.1% 49.9% Book value per share (EUR) 16.7 17.3 17.1 17.4 17.9 Deposit-to-loan ratio 116.5% 116.2% 113.4% 115.3% 118.3%
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Balance sheet 30ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 in EUR m Dec-23 Dec-24 Assets Cash and central bank balances 2,348 2,164 Loans and advances to banks 372 514 Investment securities 751 966 Loans and advances to customers 6,226 7,010 Loss allowance for loans to customers -197 -182 Derivative financial assets 8 7 Property, plant and equipment 137 152 Other assets 103 122 Total assets 9,749 10,752 Liabilities Liabilities to banks 1,128 946 Liabilities to customers 7,254 8,291 Derivative financial instruments 1 1 Debt securities 147 91 Other liabilities 96 111 Subordinated debt 139 255 Total liabilities 8,765 9,696 Equity Subscribed capital 294 294 Capital reserve 147 147 Retained earnings 626 693 Translation reserve -85 -80 Revaluation reserve 2 2 Equity attributable to ProCredit shareholders 984 1,056 Total equity 984 1,056 Total equity and liabilities 9,749 10,752
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9,749 1,037 -181 59 15 72 10,752 Dec-23 Liabilities to customers Liabilities to banks Debt securities and subordinated debt Other liabilities Equity Dec-24 (in EUR m) 799 33 10,752 9,749 171 Dec-23 Liquid assets Net loans to customers Other non-financial assets Dec-24 (in EUR m) 31 Balance sheet development ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 YTD asset development YTD liabilities and equity development ► Simple balance sheet structure with 64% of assets net loans to customers, 20% cash and cash equivalents and 16% other assets ► YTD increase driven by strong loan growth ► Liabilities and equity structure with 77% liabilities to customers, 9% liabilities to banks, 10% equity and 4% other liabilities ► YTD increase mainly driven by strong growth in customer deposits
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32 Appendix ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 A. Impact reporting B. P&L and balance sheet C. Loan portfolio D. Information on segment and bank level E. Capital, liquidity and other information
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56% 29% 3% 12% Medium Small Micro Private clients 49% 11% 40% EUR USD Other Currencies Loan portfolio by currency Structure of the loan portfolio by segment and currency Loan portfolio by segment 33ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025
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46% 35% 19% Energy efficiency Renewable energy Other green investments 1,355 15.4% 19.3% Dec-18 Dec-19 Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Total green loan portfolio % of total loan portfolio (in EUR m) CAGR 2018-2023: 13% ► Green loan portfolio amounting to EUR 1.3bn, representing close to 20% of total loan portfolio ► Includes financing of investments in: • Energy efficiency • Renewable energies • Other environmentally-friendly activities ► Investment opportunities in energy efficiency, e.g. buildings’ efficiency measures and other investments to enhance sustainability also with agricultural clients; further unlocking portfolio growth and group diversification Development of green loan portfolio Green loan portfolio growth Structure of green loan portfolio 34ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025
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67% 16% 15% 2% Immovable properties Financial guarantees Other Cash collateral Total: EUR 5.4 bn Structure of collateral ► Majority of collateral consists of mortgages ► Significant share of financial guarantees mainly as a result of InnovFin and other guarantee programmes provided by the European Investment Fund ► Clear, strict requirements for types of acceptable collateral, legal aspects of collateral and insurance of collateral items ► Standardised collateral valuation methodology ► Regular monitoring of the value of all collateral and a clear collateral revaluation process, including use of external independent experts ► Verification of external appraisals, yearly update of market standards and regular monitoring of activities carried out by specialist staff members Collateral by type (FY 2024) 35ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025
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36 Appendix ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 A. Impact reporting B. P&L and balance sheet C. Loan portfolio D. Information on segment and bank level E. Capital, liquidity and other information
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Income statement by segment 37ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 01.01.- 31.12.2024 (in EUR m) Germany Eastern Europe South Eastern Europe South America Consolidation Group Interest and similar income 60.9 167.6 346.4 55.0 -40.7 589.2 of which inter-segment 25.0 8.6 7.0 0.0 0.0 0.0 Interest and similar expenses 63.1 73.5 96.4 38.6 -40.7 230.9 of which inter-segment 21.7 5.3 8.7 5.0 0.0 0.0 Net interest income -2.2 94.1 250.0 16.4 0.0 358.2 Fee and commission income 16.2 14.8 74.5 2.4 -12.3 95.6 of which inter-segment 11.8 0.0 0.4 0.0 0.0 0.0 Fee and commission expenses 2.5 8.4 36.1 1.8 -12.3 36.4 of which inter-segment 0.2 3.5 8.2 0.4 0.0 0.0 Net fee and commission income 13.7 6.4 38.5 0.6 0.0 59.2 Result from foreign exchange transactions 3.2 10.9 17.7 0.2 -0.2 31.9 Result from derivative financial instruments -1.6 -0.1 0.6 0.0 0.0 -1.1 Result on derecognition of financial assets measured at amortized cost 0.0 0.0 0.0 0.0 0.0 0.0 Net other operating income 149.5 1.3 -1.5 5.3 -158.5 -3.9 of which inter-segment 145.0 2.6 4.5 0.9 0.0 0.0 Operating income 162.6 112.6 305.3 22.5 -158.7 444.3 Personnel expenses 48.2 21.2 67.1 10.2 0.0 146.8 Administrative expenses 88.3 40.1 105.0 15.2 -92.7 156.0 of which inter-segment 37.3 16.9 33.6 4.8 0.0 0.0 Loss allowance -0.1 -9.9 2.1 2.8 0.0 -5.2 Profit before tax 26.2 61.1 131.0 -5.7 -66.1 146.7 Income tax expenses 2.1 23.2 17.3 -0.2 0.0 42.4 Profit of the period 24.1 37.9 113.8 -5.5 -66.1 104.3
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1.5 3.2 4.9 11.2 21.6 29.1 42.0 Albania Romania Bosnia & Herzegovina North Macedonia Serbia Kosovo Bulgaria 14.1% 15.5% FY-23 FY-24 +1.5pp 94.7 113.8 FY-23 FY-24 +20% 54.4% 56.4% FY-23 FY-24 +2.0pp 264.9 305.3 FY-23 FY-24 +15% Decrease yoy of >10pp on C/I Ratio and increase of >5pp on RoE 46.2% 20.0% 51.6% 23.2% 53.7% 12.9% 53.2% 12.8% 63.9% 10.3% 84.0% 6.5% 90.6% 3.4% 38 Segment South Eastern Europe ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Segment key financials SEE Individual bank development (FY-24) Cost-income ratio Return on equity Operating income (€m) Profit after tax (€m) Country Profit after tax (€m) Cost-income ratio Return on equity Increase yoy of 4-10pp on C/I Ratio and decrease 3-5pp on RoE Decrease yoy of 4-10pp on C/I Ratio and increase of 3-5pp on RoE C/I Ratio +/- 4pp, RoE +/- 3pp Increase yoy of >10pp on C/I Ratio and decrease of >5pp on RoE
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19.6% 15.5% FY-23 FY-24 -4.1pp 40.8 37.9 FY-23 FY-24 -7% 43.9% 54.5% FY-23 FY-24 +10.6pp 111.7 112.6 FY-23 FY-24 +1% 40.3% 24.4% 64.4% 10.7% 77.8% 9.5% 112.8% -11.5% 39 Segment Eastern Europe ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Segment key financials EE Individual bank development (FY-24) Country Profit after tax (€m) Cost-income ratio Return on equity Segment South America Increase yoy of 4-10pp on C/I Ratio and decrease of 3-5pp on RoE Decrease yoy of >10pp on C/I Ratio and increase of >5pp on RoE Decrease yoy of 4-10pp on C/I Ratio and increase of 3-5pp on RoE C/I Ratio +/- 4pp, RoE +/- 3pp Increase yoy of >10pp on C/I Ratio and decrease of >5pp on RoE Cost-income ratio Return on equity Operating income (€m) Profit after tax (€m) -5.5 4.8 11.3 21.8 Ecuador Moldova Georgia Ukraine
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4,626 5,304 Dec-23 Dec-24 (in EUR m) +14.6% Bulgaria 26% Serbia 18% Kosovo 17% North Macedonia 10% Romania 8% Greece 8% Bosnia & Herzeg. 7% Albania 6% Segment South Eastern Europe Regional loan portfolio breakdown Loan portfolio growth Key financial data 40ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Total: EUR 5,304m (76% of gross loan portfolio) 1) Greece via Bulgaria entity 1 (in EUR m) FY-23 FY-24 Net interest income 218.7 250.0 Net fee and commission income 36.8 38.5 Other operating income (net) 9.4 16.8 Operating income 264.9 305.3 Personnel expenses 54.9 67.1 Admininistrative expenses 89.3 105.0 Loss allowance 12.4 2.1 Tax expenses 13.7 17.3 Profit after tax 94.7 113.8 Change in customer loan portfolio 5.2% 14.6% Deposit-to-loan ratio 115.1% 113.2% Net interest margin 3.3% 3.5% Cost-income ratio 54.4% 56.4% Return on equity 14.1% 15.5% ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025
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1,075 1,188 Dec-23 Dec-24 (in EUR m) +10.5% Ukraine 43% Georgia 39% Moldova 18% Segment Eastern Europe Key financial dataRegional loan portfolio breakdown Loan portfolio growth 41ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Total: EUR 1,188m (17% of gross loan portfolio) (in EUR m) FY-23 FY-24 Net interest income 95.9 94.1 Net fee and commission income 7.0 6.4 Other operating income (net) 8.9 12.2 Operating income 111.7 112.6 Personnel expenses 18.8 21.2 Admininistrative expenses 30.2 40.1 Loss allowance 1.5 -9.9 Tax expenses 20.4 23.2 Profit after tax 40.8 37.9 Change in customer loan portfolio -7.3% 10.5% Deposit-to-loan ratio 117.8% 127.2% Net interest margin 5.4% 4.8% Cost-income ratio 43.9% 54.5% Return on equity 19.6% 15.5% ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025
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482 479 Dec-23 Dec-24 (in EUR m) -0.5% Ecuador 100% Segment South America Key financial dataRegional loan portfolio breakdown Loan portfolio growth 42ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Total: EUR 479m (7% of gross loan portfolio) (in EUR m) FY-23 FY-24 Net interest income 19.2 16.4 Net fee and commission income 0.2 0.6 Other operating income (net) 0.7 5.5 Operating income 20.1 22.5 Personnel expenses 8.1 10.2 Admininistrative expenses 12.2 15.2 Loss allowance 2.0 2.8 Tax expenses 0.3 -0.2 Profit after tax -2.6 -5.5 Change in customer loan portfolio -3.3% -0.5% Deposit-to-loan ratio 79.5% 108.0% Net interest margin 3.1% 2.5% Cost-income ratio 101.3% 112.8% Return on equity -5.2% -11.5% ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025
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43 Key figures per ProCredit bank (as per FY-24) Eastern Europe South Eastern Europe South America Germany Country Bulgaria Serbia Kosovo North Macedonia Romania Bosnia & Herzegovina Customer loan portfolio (EUR m) 1,771 980 881 555 424 353 Change in customer loan portfolio (%) 16.8% 7.9% 17.8% 9.3% 10.8% 18.5% Credit impaired loans (Stage 3) 1.1% 2.9% 1.2% 1.5% 1.4% 1.9% Profit after tax (EUR m) 42.0 21.6 29.1 11.2 3.2 4.9 Country Albania Ukraine Georgia Moldova Ecuador Germany Customer loan portfolio (EUR m) 340 512 459 217 479 39 Change in customer loan portfolio (%) 28.4% 2.9% 14.1% 23.9% -0.5% -10.7% Credit impaired loans (Stage 3) 1.0% 3.7% 2.4% 2.1% 9.2% 0.0% Profit after tax (EUR m) 1.5 21.8 11.3 4.8 -5.5 -0.5 ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025
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44 Key figures for ProCredit Bank Ukraine ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Development since 2021, before Russian invasion in 2022 Regional risk classification (in EUR m) FY-21 FY-22 FY-23 FY-24 Selected financial indicators Loan portfolio 757 582 497 512 % of group 12.8% 9.5% 8.0% 7.3% % of portfolio in red zone n/a 10.1% 4.0% 1.7% Loss allowance 0.3 86.7 5.5 -7.1 Profit after tax 23.7 -51.8 17.7 21.8 RoE 19.9% -55.5% 28.0% 24.4% Quarterly KPI update Risk zone by business location % of PCB Ukraine loan portfolio % of PCH group loan portfolio Dark Red 0.0% 0.0% Red 1.7% 0.1% Yellow 10.0% 0.7% Green 87.8% 6.4% Note: Loans to private clients included in green category Dark red: Regions occupied by Russian forces since 2014 Very high risk. Districts in warzone or under occupation High risk. A buffer zone from war zone / under occupation regions Low risk. Districts with relatively lower risk to be affected Q3-24 Q4-24 Staff information Number of staff 377 389 Change qoq % 8.6% 3.2% Loan portfolio and quality Loan portfolio (EURm) 468 512 % of group 6.9% 7.3% Share of Stage-3 4.8% 3.7% Coverage ratio Stage-3 83% 83% Income statement (EURm) Net interest income 13.8 13.1 Net fee and commission income 0.8 1.2 Loss allowance -2.2 -9.8 Profit after tax 7.9 2.7 Key metrics Cost-income ratio 41.3% 51.2% RoE 39.5% 11.2% Deposit to loan ratio 157% 158% Local capital buffer > 5pp > 5pp1 1) Pro-forma level of >12pp including Dec-24 EUR 20m capital increase
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45 Appendix ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 A. Impact reporting B. P&L and balance sheet C. Loan portfolio D. Information on segment and bank level E. Capital, liquidity and other information ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025
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Pro-forma total capital ratio (TCR): Main statistics: Successful Tier 2 placement in Apr-24 supporting the group’s medium-term growth ambitions 46ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 ProCredit Holding AG successfully placed EUR 125m Green Tier 2 Bonds Summary of transaction: ► On 25-Apr-24, ProCredit Holding successfully placed green Tier 2 subordinated bonds ► Strong demand enabled ProCredit Holding to increase the originally expected placement volume from EUR 100m to EUR 125m ► The bonds were placed with >20 international and domestic institutional investors ► Investor demand for the bonds was geographically diverse, with Luxembourg (28%), the UK (28%), France (12%) and the US (12%) accounting for the largest volumes ► The transaction was concluded under the ProCredit Group Green Bond Framework, on which Sustainalytics has provided a second party opinion ► As a result of the transaction, the group’s total capital ratio increased by ~2pp to a level of 17.7% (pro-forma as of Mar-24) ISIN DE000A383C84 Issue date 25.04.2024 Rating issuer / issue BBB / BB- (Fitch) Volume EUR 125m Coupon / spread 9.5% / 6.63% Tenor 10.25NC5.25 Listing Euro MTF, Luxembourg Stock Exchange CASE STUDY
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2.0 2.6 2.2 32% 36% 27% Dec-22 Dec-23 Dec-24 HLA HLA ratio 155% 178% 171% 100% 100% 100% 146% 158% 153% Dec-22 Dec-23 Dec-24 LCR Regulatory minimum NSFR ratio 117% 118% Dec-23 Dec-24 85% 10% 1% 3% 1% Customer deposits Liabilities to banks Debt securities Subordinated debt Other liabilities Funding sources Funding, rating and liquidity Deposit-to-loan ratio development Total liabilities: EUR 9.7 bn 47ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Rating BBB (stable) ProCredit Holding rating by Fitch, last affirmed on 10 Dec 2024 Liquidity coverage ratio (LCR) and NSFR Highly liquid assets (HLA) and HLA ratio (in EUR bn)
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Explanatory note on performance indicators and ratios 48ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 The ProCredit group uses an integrated system of indicators to monitor and manage the implementation and further development of the group’s business and risk strategy: The growth of the customer loan portfolio(1) is a key indicator of the success of new business and also provides reference points for the future earning capacity The cost-income ratio(2) is a relative indicator that provides insight into our efficient use of resources Return on equity (RoE)(3) is the most important indicator in terms of profitability; strong emphasis is placed on maintaining a sustainable RoE in conjunction with an appropriate risk profile The Common Equity Tier 1 capital ratio (CET 1)(4) is regarded as a key indicator for compliance with regulatory and internal capital requirements. It also serves as a benchmark for solvency and as basis for strategic decisions The group also considers the following additional indicators: The ratio of customer deposits to the customer loan portfolio(5) reflects the ability to fund lending business through customer deposits The net interest margin(6) is an important indicator of profitability and measures the average interest earnings The share of credit-impaired loans(7) is the most significant indicator to assess portfolio quality The credit-impaired coverage ratio(8) gives insights into loss allowances for credit-impaired loans to the total volume of credit-impaired loans The cost of risk(9) indicates the credit risk expenses relative to portfolio size in a given period The net write-off (10) ratio shows how much loan portfolio is written off (net of recoveries) relative to portfolio size in a given period The green customer loan portfolio includes financing for investments in energy efficiency, renewable energies or other environmentally friendly technologies. By expanding the green portfolio, an important contribution to sustainability goals is made, as presented in the Impact Report The group considers amongst others the following risk factors to its short- and medium-term guidance: The ongoing war in Ukraine, a potential further escalation of this conflict and an outbreak of new geopolitical tensions in our countries of operation represent significant risk factors for our guidance and could be reflected inter alia in increased cost of risk. Additional risk factors include negative economic impacts related to major disruptions in our countries of operation, intensified supply-chain and energy- sector disruptions, adverse changes in our funding markets, significant changes in foreign trade or monetary policy, a deterioration in interest rate margins particularly in countries with rate ceilings to the extent that higher funding costs cannot be fully passed on to customers due to the rate ceilings, tightened regulatory requirements, an increase in inflation rates and pronounced exchange rate fluctuations. (1) Our customer loan portfolio as of the balance sheet date of the current period relative to our customer loan portfolio as of 31 December of the previous year. Our customer loan portfolio corresponds to loans and advances to customers before loss allowances (2) Our personnel and administrative expenses relative to operating income (excl. expenses for loss allowances) (3) Profit attributable to ProCredit shareholders, divided by the average equity held by the ProCredit shareholders (annualised for quarterly figures) (4) Ratio of our CET1 capital to risk- weighted assets (5) Our customer loan portfolio relative to customer deposits as of the balance sheet date (6) Our net interest income relative to the average total assets in the reporting period (annualised for quarterly figures) (7) Credit-impaired loans relative to the customer loan portfolio as of the respective balance sheet date (8) Loss allowances in credit-impaired loan portfolio relative to credit-impaired loans as of the balance sheet date (9) Loss allowance expenses relative to average customer loan portfolio (annualised for quarterly figures) (10) Gross write offs net of recoveries relative to average customer loan portfolio (annualised for quarterly figures) Note: Figures for previous periods might differ from presentation at the respective point in time for example as result of reclassifications.
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Contact Investor Relations Investor Relations ProCredit Holding AG Investor Relations Team tel.: +49 69 951 437 300 e-mail: PCH.ir@procredit-group.com Media Relations ProCredit Holding AG Andrea Kaufmann tel.: +49 69 951 437 0 e-mail: PCH.media@procredit-group.com Financial calendar (continuously updated on IR Website) 49ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025 Date Location Event information 12.05.2025 Quarterly Report as of 31 March 2025 13.05. – 14.05.2025 Frankfurt/ Main Spring Conference 2025 04.06.2025 Frankfurt/ Main Annual General Meeting 14.08.2025 Interim Report as of 30 June 2025 13.11.2025 Quarterly Report as of 30 September 2025 24.11. – 26.11.2025 Frankfurt/ Main Deutsches Eigenkapitalforum 2025
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The material in this presentation and further supporting documents have been prepared by ProCredit Holding AG, Frankfurt am Main, Federal Republic of Germany (“ProCredit Holding”) and provide general background information about the ProCredit group’s current activities as of the date of this presentation (27 March 2025). This information is given in summary form and does not purport to be complete. The information in this presentation and further supporting documents, including forecasted financial information, should not be considered as advice or a recommendation to investors or potential investors in relation to holding, purchasing, or selling any securities or other financial products or instruments. The information does not take into account the particular investment objectives, financial situation or needs of individuals, so before acting on any information contained in this presentation, readers are advised to consider the appropriateness of the information in relation to any of the aforementioned activities, as well as the appropriateness of any relevant offer document, for their particular objectives, and in particular, it is recommended to seek independent financial advice. All securities and financial product or instrument transactions involve risks, which include, among others, the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk. This presentation and further supporting documents may contain forward- looking statements, including statements regarding our intent, belief or current expectations with respect to market conditions, ProCredit Holding’s or the ProCredit group’s business and operations, results of operations and financial conditions, capital adequacy, specific provisions and risk management practices. Such forward-looking statements are based on the Management of ProCredit Holding’s current expectations and specific assumptions, which are partly beyond the control of ProCredit Holding. The forward-looking statements are therefore subject to a multitude of uncertainties. Readers are cautioned not to place undue reliance on them. Insofar as it is not required by law, ProCredit Holding does not undertake to release any revisions to these forward-looking statements to reflect errors regarding the underlying expectations and assumptions or their evaluation by ProCredit Holding, or events or circumstances occurring after the date of this presentation (27 March 2025) to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forecasted information, actual results may vary in a materially positive or negative manner. Past performance is not a reliable indication of future performance. Disclaimer 50ProCredit Group | FY / Q4 2024 results | Frankfurt am Main, 27 March 2025