Slides
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9M / Q3 2025 results Frankfurt am Main, November 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 C. Outlook 1ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025
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ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Positive development across regions amid still challenging macro environment; resumed growth in Ukraine following investment guarantee2 received in Dec-24 Strong progress on loan growth and balance sheet transformation: loans grow by 10.2%1 of which ~80% driven by granular, lower-volume client segments 9M 2025: Reinforcing strategic direction of growth and digital transformation 2 Group result of €58.2m or 7.4% RoE reflecting positive underlying trends for operating income, but impacted by one-time increase in loss allowance in Q3 FY 2025 outlook updated for RoE and C/I ratio; loan growth and CET1 ratio unchanged Confirmed medium-term outlook with ~13-14% RoE ambition based on >€10bn loan portfolio 1) FX-adjusted 2) Insured under the umbrella of German investment guarantee scheme from the Federal Government of Germany
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9M 2025 at a glance 3ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 +7.9% Loan portfolio €7.6bn FX-adjusted: +10.2% Customer loans Customer deposits 4.0% Customer deposits €8.6bn FX-adjusted: +6.4% CET1 ratio Stage-3 ratio 2.1% -0.2 pp ytd 13.0% +0.0 pp ytd RoE 7.4% decreased yoy mainly due to elevated risk costs in Q3 €58.2m based on 71.3% C/I ratio and 31 bps cost of risk Net result Note: RoE annualised
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2.6 3.5 4ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Continued outstanding progress in strategy implementation with strong momentum in target growth segments 4 Strong and granular balance sheet growth since launch of updated business strategy • Focused expansion of portfolio with lower-volume segments (small, micro, private clients) and smaller banks • Strong private client deposits growth in line with retail banking strategy; growth in sight deposits to remain key focus • Structural transformation of balance sheet to translate into P&L over time +36% loan portfolio in lower- volume segments1 +26% loan portfolio of smaller banks2 +31% private client deposit growth (in €bn) (in €bn) (in €bn) Note: 1) Small, micro, private clients 2) ProCredit banks in Albania, Bosnia, Georgia, Moldova, Romania FY-23 9M-252.9 3.8 1.5 1.9
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Key macro factors 5 Growth outlook Median real GDP growth ’26-’30 Banking sector penetration Loans / GDP ’24 EU Member states EU candidates EU applicants 9M-25 Loan growth (fx-adjusted) Romania +11.1% Moldova +16.5% Ukraine +21.7% Georgia +5.0% Bulgaria +9.4% Serbia +10.2% Bosnia & Herz. +11.4% Albania +6.8% Kosovo +14.8% North Macedonia +11.5% 3.4% 1.2% (1) (1) ~0.6x ~1.3x Accelerated growth in attractive and highly relevant SEE/EE region Economic transformation & impact potential Increased geopolitical importance Attractive growth prospects Note: 1) 11 ProCredit countries, excluding Ecuador and Germany; Source: International Monetary Fund (Oct-25) ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Greece 0.0% ProCredit countries Euro area ProCredit countries Euro area
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6ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Robust portfolio quality and superior risk metrics despite elevated cost of risk in Q3 ► Careful client selection and strong client relationships ► Well trained staff ► Effective credit risk assessment and monitoring ► Solid risk profile with low net write offs ► Loan portfolio quality consistently better than market 2.1% Stage-3 ratio 24 bps average cost of risk 2020-241 ~30-35 bps medium-term assumption Long-term, prudent risk management Revised expectation for FY 2025 loss allowance ► Loss allowance in Q3 of €16.6m, related to a sub-portfolio of exposures in project finance and an associated downgrade in risk classes – no material further downside as fully reflected with Q3 provisioning ► Previously assumed positive effect from release of provisions from project finance exposures in FY 2025 now expected to materialise not before 2026 ► Robust overall portfolio quality with high diversification supported by granular exposure and strong level of management overlays ► No material additional provisioning expected for remainder of the year Note: 1) Average cost of risk during 2020-24, with cost of risk in 2022 adjusted for Ukraine
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Rationale Development since ‘23 Status 47 9 FY-24 9M-25 Increase in branches and service points 19% ~0% FY-24 9M-25 Staff increase People and training Modern branch network State-of-the-art technology Marketing & communication 7ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Achieving strong progress in all strategic growth areas Technology and innovation to remain key investment focus Strong increase in staff, focused on front-office functions (retail, business) and IT New branches mainly for MSME clients, and service points for private clients, plus modernizations Enhanced digital infra- structure for MSMEs and substantial retail process and product improvement 31% ~+0% FY-24 FY-25 Increase in IT budget (Quipu) Hiring completed, successfully filled positions ahead of schedule Highly targeted approach, selected expansion largely completed Roll-outs in progress, digital transformation to remain key focus Targeted local marketing and communication with retail customers 21% ~+0% FY-24 FY-25 Increase in marketing budget No substantial increases, targeted product campaigns with successful rollouts
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A. Highlights and business update B. Group results C. Outlook 8ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025
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618 630 474 490 263 292 1,355 1,412 FY-24 9M-25 Energy efficiency Renewable energy Other green investments 4.2% YTD (in EUR m) 6,784 7,010 7,357 7,566 43% 44% 46% 47% 9M-24 FY-24 H1-25 9M-25 Medium Small Micro Private clients 11.5% YoY 7.9% YTD (in EUR m) Strong portfolio growth driven by all client segments ► Customer loans increase by EUR 712m or 10.2% (adjusted for fx effects), as execution of growth and transformation strategy is in full momentum Due to depreciation of local currencies, EUR-denominated figure only at EUR 556m or 7.9% ~ 80% of growth from lower-volume segments (micro, small and private Clients) Share of lower volume segments in total loans increases by 3pp YTD and by 5pp since launch of updated business strategy (FY-23) Strong growth rates particularly in micro (+30%) and retail (+23%) ► Green loan portfolio at EUR 1.4bn, representing close to 20% of total loan portfolio Loan portfolio by loan type Loan portfolio growth 9 Green loan portfolio Lower- volume segments ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 47% 34% 19% Investment loans Working capital loans Green loans
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7,821 8,291 8,219 8,621 43% 43% 45% 44% 9M-24 FY-24 H1-25 9M-25 Medium Small Micro Institutional Private clients 4.0% YTD (in EUR m) 10.2% YoY 40% 22% 38% Current accounts Savings accounts Term deposit accounts Strong deposit development through digital banking channels 10ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 ► Customer deposits grow by EUR 528m or 6.4% (fx-adjusted) Strong growth of EUR 401m or 4.9% in Q3-25 alone (fx-adjusted), driven by private clients as well as seasonal inflow of MSME deposits EUR-denominated growth of EUR 329m or 4.0% Share of deposits from private clients increase by 1pp YTD and by 3pp since FY-23, demonstrating good progress of ProCredit’s direct banking strategy ► Increased and diversified deposit base as strategic priority to support margin development in the coming years Current and saving accounts accounting for ~60% of deposits Targeted stronger positioning in retail sector to reduce reliance on term deposits as funding source, providing sizeable upside to margins Deposit growth Deposits by client and key metrics 44% share of deposits from private clients, up 3pp since FY-23 114% deposit / loan ratio, down 1.3 pp yoy Private clients
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76.4 79.6 Q3-24 Q3-25 (in EUR m) 4.3% 68.8% 72.0% 217.2 230.8 9M-24 9M-25 (in EUR m) 6.3% 65.7% 71.3%CIR 111.0 110.6 Q3-24 Q3-25 -0.3% (in EUR m) 330.7 323.7 9M-24 9M-25 -2.1% (in EUR m) 11 Operating income and expense overview ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 ► Operating income at EUR 323.7m as of 9M-25, down by 2.1% yoy NII reduced by EUR 9.8m yoy mainly due to lower interest rates on cash and cash equivalents, in particular held at central banks, with at the same time continued high market rates for customer deposits and effect from green T2 bond issue in Apr-24 Net fee income grew by EUR 3.8m yoy due to higher income from transactions and fx business Currency effects with slight negative effect on income side, but largely neutral on net result Operating income Personnel and administrative expenses ► Cost-income ratio at elevated level of 71.3% Prevailing level of market deposit rates with effect on income side Strategic investments mostly executed in FY-24, driving higher costs for personnel, IT, marketing and depreciation Administrative expenses Personnel expenses Net interest income Net fee and commission income Note: Operating income including negative contribution from line item other operating income (net)
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9M-24 Volume (assets) Volume (liabilities) Pricing (assets) Pricing (liabilities) Other 9M-25 270.6 43.9 -13.1 -44.7 4.1 0.0 260.8 (in EUR m) 90.0 87.7 85.0 86.4 89.5 3.5% 3.3% 3.2% 3.2% 3.3% Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Net interest income NIM (in EUR m) Net interest income ► NII in Q3 at EUR 89.5m with NIM at 3.3% EUR Increase with respect to previous quarter of EUR 3.1m; NIM grows by 6 bps Increase driven by days-effect, higher loan volume and increasingly stabilizing WAIRs; while market rates for deposits remain high ► 9M NII down EUR 9.8m or 3.6% yoy, with NIM at 3.2% Strong volume-driven increase in interest income from customer loans; however, still slightly more than offset by negative pricing effects yoy Volume-driven increase in interest expenses due to higher volume of TDAs and subordinated debt NII reduction yoy mainly in central functions in Germany (EUR 8.8m) due to lower EURIBOR, Tier 2 green bond issuance Overall, volume-driven increase in income from loans to customers fully offset by pricing-driven decrease in income from cash and cash equivalents 12ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Quarterly development Development yoy (9M-24 vs. 9M-25)
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34% 41% 22% 4% Payment services FX transactions and other Account fee Credit letters 2.2 2.4 0.9 0.2 -1.6 -0.4 9M-24 Payment services FX and other Credit letters Account fee Cards Guarantee costs 9M-25 67.2 71.0 (in EUR m) 23.0 24.3 22.6 24.5 24.0 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Net fee and commission income (in EUR m) Net fee and commission income ► Q3 net fee and commission income on level of EUR 24.0m, 4.5% above Q3-24 Income from payments, cards and fx transactions all contributing to the increase ► 9M net fee and commission income up EUR 3.8m or 5.6% yoy Net fee income from fx transactions up EUR 2.4m Net fee income from payment services up EUR 2.2m, with volume effects offsetting slightly negative net impact from SEPA payment introduction in selected markets Reduced net contribution from card services of EUR 1.6m as result of fee increases from card providers 13ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Quarterly development Development yoy (9M-24 vs. 9M-25) Net fee income split (9M-25) Note: Previous year figures have been adapted to the current disclosure structure
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9M-24 Personnel IT Depreciation Marketing Other admin 9M-25 217.2 230.80.6-3.31.74.310.4 (in EUR m) 37.1 40.4 38.1 37.2 41.5 39.3 45.2 36.7 39.2 38.1 68.8% 75.4% 70.8% 71.1% 72.0% -15.0% -5.0% 5.0% 15.0% 25.0% 35.0% 45.0% 55.0% 65.0% 75.0% 85.0% Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Personnel expenses Administrative expenses Cost-income ratio (in EUR m) Personnel and administrative expenses 14ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Quarterly development Development yoy (9M-24 vs. 9M-25) Admin expense split (9M-25) ► Q3 personnel and administrative expenses of EUR 79.6m, 4.2% above Q2 Administrative expenses slightly reduced after one-time project expenses in Q2 Personnel expenses increased by EUR 4.3m qoq relating to one-time accounting adjustment and severance payment effects as well as annual salary revision in Sep-25 ► Yoy increase of EUR 13.6m yoy driven by strong investments in growth catalysts in 2024 Personnel expenses up EUR 10.4m or 9.8% mainly driven by an increase in average staff number of around 400 yoy (c. 10%) External IT costs +EUR 4.3m; depreciation +EUR 1.7m as a result of new and modernized branches Marketing costs reduced following substantial campaigns throughout 2024; targeted product campaigns planned alongside roll-outs 27% 18% 8% 46% IT Depreciation Marketing Other admin
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181.8 13.0 15.6 -9.6 -7.7 193.2 Dec-24 Loan growth (business-driven) Credit risk Write-offs Other (incl. fx) Sep-25 (in EUR m) -1.6 -9.3 -0.8 1.1 16.6 Loss allowance (in EUR m) -10 bps -54 bps -5 bps 6 bps 89 bps Cost of risk Q2-25 Q3-25 Q1-25Q3-24 Q4-24 Loss allowance ► Q3 loss allowance at substantially increased level of EUR 16.6m Provisioning of sub-portfolios of project finance in SEE; risk class downgrades of exposures triggered foremost by construction delays and curtailment Additional provisions relate to isolated events; not indicative of broader portfolio or sector trends No material further P&L downside risk from these exposures; upside potential in case of improvement and potential release of provisions ► Increased level of total B/S loss allowance EUR 193.2m total loss allowance Increases from strong loan growth and credit risk in part compensated by write-offs and other effects, mainly from currency changes Stock of management overlays at EUR 62.3m, accounting for 31% of total provisions 15ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Quarterly development Loss allowance on balance sheet (9M-25)
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Bulgaria 20% Serbia 14% Kosovo 13% North Macedonia 8% Romania 6% Greece 5% Bosnia & Herzegovina 5% Albania 5% Ukraine 8% Georgia 6% Moldova 3% Ecuador 6% Germany 0% Trade 24% Production 18% Agriculture 15% Construction 10% Electricity 5% Transportation 4% Hotel, restaurant 3% Other economic activities 8% Housing 9% Investment and other 4% Loan portfolio quality 16ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 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 8,2% 8,1% 8,2% 8,8% 8,6% Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 0,2% 0,2% -0,1% -0,1% 0,0% 2,3% 2,3% 2,2% 2,1% 2,1% Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 56,1% 49,9% 50,5% 49,3% 50,0%
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69.0 28.1 -6.4 -32.4 64.6 58.2 South Eastern Europe Eastern Europe Group functions, net of consolidation Group w/o SA South America Group (9M-25, in EUR m) 17 Contribution of regional segments to group net result 1) Based on average allocated segment equity; Group w/o SA based on group consolidated equity 2) Consolidated group result minus segment South America; i ncluding intra-group contribution margin from overhead expenses carried in reporting segment South America Customer loan portfolio (EUR m) 5,831 1,262 – 7,129 437 7,566 Change in customer loan portfolio (fx adjusted) +9.9% (+10.1%) +6.3% (+14.2%) – +9.2% (+10.7%) -8.8% (+3.1%) +7.9% (+10.2%) Cost-income ratio 59.1% 59.7% – 68.7% 145.6% 71.3% Allocated equity (EUR m) 836 274 – n/a 39 1,052 Return on equity (annualised)1 11.5% 13.7% – 8.2% -20.1% 7.4% ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 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 36m loan portfolio; EUR 232m deposits) 2
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13.1% -0.9% 0.2% 0.9% -0.3% 13.0% CET1 ratio (Dec-24) Loan growth Decrease in liquid assets H2-24 and 9M-25 profits Other capital/ RWA effects CET1 ratio (Sep-25) 18 Regulatory capital, risk-weighted assets, capital ratios ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 ► CET1 ratio at 13.0% including recognition of 9M-25 result Capital ratios well above regulatory capital requirements of 9.9% CET1, 12.2% Tier 1, 15.3% Total Capital ratio Comfortable CET1 ratio despite strong loan growth 1/3 dividend accrual for YTD profits already deducted ► TCR at 16.2% driven by additional subordinated debt ► Risk-weighted assets increases in credit risk mainly from organic business growth in MSME and private client business demonstrating execution of Group’s growth strategy Impact from Basel IV fully reflected ► Leverage ratio of 8.4% well above banking sector averages Capitalisation overview Development of CET1 capital ratio (fully loaded) in EUR m Dec-24 Sep-25 CET1 capital 933 967 Additional Tier 1 capital 0 0 Tier 1 capital 933 967 Tier 2 capital 216 237 Total capital 1,149 1,203 RWA total 7,143 7,426 RWA density (RWA / total assets) 66.4% 67.1% CET1 capital ratio (fully loaded) 13.1% 13.0% Total capital ratio 16.1% 16.2% Leverage ratio 8.4% 8.4%
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A. Highlights and business update B. Group results C. Outlook 19ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025
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Outlook FY 2025 Firmly committed to execution of business strategy 20 FY 2025 outlook (updated on 28 October 2025) Assumptions and risk factors: Assumptions and risk factors that apply to the FY 2025 outlook are included in the appendix of this presentation. ► Return on equity (RoE) 7 – 8% Previous: Around 10% (based on continued low cost of risk) ► Cost-income ratio (CIR) Around 72% Previous: Around 70% ► CET1 ratio and dividend Around 13% CET1 ratio, 1/3 dividend payout ratio ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 ► Growth of the loan portfolio Around 12% Adjusted by FX effects
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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 21 >€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 | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Note: Return on equity of ~13 – 14%, based on over the cycle risk costs of 30 – 35 basis points
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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 | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025
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24 Impact at ProCredit today Fostering economic growth, environmental protection and social progress ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 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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25 2024 sustainability highlights INTERNAL ENVIRONMENTAL INDICATORS DECARBONIZATION BUSINESS LOAN CLIENTS JOBS SUPPORTED THROUGH OUR BUSINESS CLIENTS EMPLOYEES electric and hybrid plug-in cars in vehicle 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 youth employment female representation in managerial roles hours of training per employee annual investment in employee training 61% 6.9% 6 3% 10,143 EUR1,355m 240.7 37,690 19.3% 25.6% 197,111* 42% 7% 53% 124 EUR 9.7m total number of employees ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 4,689 total green loan portfolio CO2 Calculator rolled out in PCB Bulgaria ~20% of loan clients are woman-owned MSMEs *Estimated using the Joint Impact Model.
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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 | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 26 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 | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Note: As of FY-24 27
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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 28 Appendix ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025
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In EUR m Q3-24 Q3-25 9M-24 9M-25 Y-o-Y Income statement Net interest income 90.0 89.5 270.6 260.8 -9.8 Net fee and commission income 23.0 24.0 67.2 71.0 3.8 Other operating income (net) -2.0 -2.8 -7.1 -8.1 -1.0 Operating income 111.0 110.6 330.7 323.7 -7.0 Personnel expenses 37.1 41.5 106.4 116.8 10.4 Administrative expenses 39.3 38.1 110.8 114.0 3.2 Loss allowance -1.6 16.6 4.1 16.9 12.8 Tax expenses 9.0 3.2 24.6 17.8 -6.8 Profit after tax 27.2 11.2 84.8 58.2 -26.6 Key performance indicators Change in customer loan portfolio 1.9% 2.8% 9.0% 7.9% -1.0 pp Cost-income ratio 68.8% 72.0% 65.7% 71.3% 5.6 pp Return on equity 10.7% 4.3% 11.3% 7.4% -3.9 pp CET1 ratio (fully loaded) 14.1% 13.0% 14.1% 13.0% -1.1 pp Additional indicators Net interest margin 3.5% 3.3% 3.6% 3.2% -0.4 pp Net write-off ratio 0.2% 0.0% 0.2% 0.0% -0.2 pp Credit impaired loans (Stage 3) 2.3% 2.1% 2.3% 2.1% -0.2 pp Cost of risk -10 bps 89 bps 8 bps 31 bps 22 bp Stage 3 loans coverage ratio 56.1% 50.0% 56.1% 50.0% -6.1 pp Book value per share (EUR) 17.4 17.9 17.4 17.9 0.5 Deposit-to-loan ratio 115.3% 113.9% 115.3% 113.9% -1.3 pp 9M 2025 results at a glance 29ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Previous year figures have been adapted to the current disclosure structure.
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Overview of quarterly financial development 30ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Previous year figures have been adapted to the current disclosure structure. In EUR m Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Income statement Net interest income 90.0 87.7 85.0 86.4 89.5 Net fee and commission income 23.0 24.3 22.6 24.5 24.0 Other operating income (net) -2.0 1.6 -1.9 -3.3 -2.8 Operating income 111.0 113.6 105.6 107.5 110.6 Personnel expenses 37.1 40.4 38.1 37.2 41.5 Administrative expenses 39.3 45.2 36.7 39.2 38.1 Loss allowance -1.6 -9.3 -0.8 1.1 16.6 Tax expenses 9.0 17.7 6.5 8.1 3.2 Profit after tax 27.2 19.5 25.2 21.8 11.2 Key performance Indicators Change in customer loan portfolio 1.9% 3.3% 2.5% 2.4% 2.8% Cost-income ratio 68.8% 75.4% 70.8% 71.1% 72.0% Return on equity 10.7% 7.5% 9.5% 8.3% 4.3% CET1 ratio (fully loaded) 14.1% 13.1% 13.1% 13.1% 13.0% Additional Indicators Net interest margin 3.5% 3.3% 3.2% 3.2% 3.3% Net write-off ratio 0.2% 0.2% -0.1% -0.1% 0.0% Credit impaired loans (Stage 3) 2.3% 2.3% 2.2% 2.1% 2.1% Cost of risk -10 bps -54 bps -5 bps 6 bps 89 bps Stage 3 loans coverage ratio 56.1% 49.9% 50.5% 49.3% 50.0% Book value per share (EUR) 17.4 17.9 18.2 17.6 17.9 Deposit-to-loan ratio 115.3% 118.3% 114.7% 111.7% 113.9%
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Balance sheet 31ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 In EUR m Dec-24 Sep-25 Assets Cash and central bank balances 2,164 1,953 Loans and advances to banks 514 450 Investment securities 966 984 Loans and advances to customers 7,010 7,566 Loss allowance for loans to customers -181.8 -193.2 Derivative financial assets 7 6 Property, plant and equipment 152 160 Other assets 122 140 Total assets 10,752 11,065 Liabilities Liabilities to banks 946 819 Liabilities to customers 8,291 8,621 Derivative financial instruments 1 1 Debt securities 91 190 Other liabilities 111 95 Subordinated debt 255 287 Total liabilities 9,696 10,013 Equity Subscribed capital 294 294 Capital reserve 147 147 Retained earnings 693 717 Translation reserve -80 -108 Revaluation reserve 2 2 Equity attributable to ProCredit shareholders 1,056 1,052 Total equity 1,056 1,052 Total equity and liabilities 10,752 11,065
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32 Appendix ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 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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53% 29% 4% 13% Medium Small Micro Private clients 49% 9% 42% EUR USD Other Currencies Loan portfolio by currency Structure of the loan portfolio by segment and currency Loan portfolio by segment 33ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025
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44% 35% 21% Energy efficiency Renewable energy Other green investments 1,412 18.7% Dec-19 Dec-20 Dec-21 Dec-23 Dec-24 Sep-25 Total green loan portfolio % of total loan portfolio (in EUR m) CAGR 2019-2024: 14% 16.6% ► Green loan portfolio amounting to EUR 1.4bn, representing ~19% 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 Development of green loan portfolio Green loan portfolio growth Structure of green loan portfolio 34ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 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 ► 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 35ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Collateral by type (FY 2024)
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36 Appendix ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 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 | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 01.01.- 30.09.2025 (in EUR m) Germany Eastern Europe South Eastern Europe South America Consolidation Group Interest and similar income 31.2 125.3 264.9 40.9 -21.9 440.5 of which inter-segment 15.1 3.1 3.7 0.0 0.0 0.0 Interest and similar expenses 40.8 56.8 75.4 28.7 -21.9 179.7 of which inter-segment 9.5 2.5 7.8 2.1 0.0 0.0 Net interest income -9.5 68.6 189.5 12.3 0.0 260.8 Fee and commission income 20.4 21.6 80.9 2.2 -10.5 114.6 of which inter-segment 9.9 0.0 0.6 0.0 0.0 0.0 Fee and commission expenses 7.3 10.0 35.5 1.4 -10.5 43.6 of which inter-segment 0.7 2.5 6.8 0.4 0.0 0.0 Net fee and commission income 13.1 11.6 45.5 0.8 0.0 71.0 Result from derivative financial instruments -0.2 0.0 -2.0 0.0 0.0 -2.2 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 69.1 -0.6 2.4 -2.0 -74.9 -6.0 of which inter-segment 65.1 1.8 8.0 0.0 0.0 0.0 Operating income 72.5 79.6 235.4 11.1 -74.9 323.7 Personnel expenses 35.0 17.8 57.6 6.5 0.0 116.8 Administrative expenses 52.6 29.7 81.5 9.7 -59.5 114.0 of which inter-segment 14.7 14.0 27.8 3.1 0.0 0.0 Loss allowance -0.1 -3.7 19.3 1.3 0.0 16.9 Profit before tax -15.1 35.8 77.1 -6.4 -15.4 76.0 Income tax expenses 2.0 7.7 8.1 0.1 0.0 17.8 Profit of the period -17.0 28.1 69.0 -6.4 -15.4 58.2
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15.9% 11.5% 9M-24 9M-25 -4.4pp 85.9 69.0 9M-24 9M-25 -20% 55.3% 59.1% 9M-24 9M-25 +3.8pp 224.4 235.4 9M-24 9M-25 +5% 38 Segment South Eastern Europe ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Segment key financials SEE Key financial data Cost-income ratio Return on equity Operating income (€m) Profit after tax (€m) (in EUR m) 9M-24 9M-25 Net interest income 186.5 189.5 Net fee and commission income 42.2 45.5 Other operating income (net) -4.2 0.5 Operating income 224.4 235.4 Personnel expenses 48.6 57.6 Admininistrative expenses 75.4 81.5 Loss allowance 0.4 19.3 Tax expenses 14.0 8.1 Profit after tax 85.9 69.0 Change in customer loan portfolio 11.3% 9.9% Deposit-to-loan ratio 111.8% 110.6% Net interest margin 3.5% 3.3% Cost-income ratio 55.3% 59.1% Return on equity 15.9% 11.5%
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18.7% 13.7% 9M-24 9M-25 -4.9pp 32.1 28.1 9M-24 9M-25 -13% 51.0% 59.7% 9M-24 9M-25 +8.6pp 85.3 79.6 9M-24 9M-25 -7% 39 Segment Eastern Europe ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Segment key financials EE Key financial data Cost-income ratio Return on equity Operating income (€m) Profit after tax (€m) (in EUR m) 9M-24 9M-25 Net interest income 71.9 68.6 Net fee and commission income 12.8 11.6 Other operating income (net) 0.6 -0.6 Operating income 85.3 79.6 Personnel expenses 15.2 17.8 Admininistrative expenses 28.4 29.7 Loss allowance 0.9 -3.7 Tax expenses 8.8 7.7 Profit after tax 32.1 28.1 Change in customer loan portfolio 5.4% 6.3% Deposit-to-loan ratio 119.0% 114.2% Net interest margin 5.2% 4.5% Cost-income ratio 51.0% 59.7% Return on equity 18.7% 13.7%
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-8.0 -6.4 9M-24 9M-25 n/m 139.7% 145.6% 9M-24 9M-25 +5.9pp 40 Segment South America ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Segment key financials SA Key financial data Cost-income ratio Return on equity Operating income (€m) Profit after tax (€m) (in EUR m) 9M-24 9M-25 Net interest income 13.0 12.3 Net fee and commission income 0.5 0.8 Other operating income (net) 0.1 -2.0 Operating income 13.6 11.1 Personnel expenses 7.6 6.5 Admininistrative expenses 11.4 9.7 Loss allowance 2.8 1.3 Tax expenses -0.2 0.1 Profit after tax -8.0 -6.4 Change in customer loan portfolio -4.2% -8.8% Deposit-to-loan ratio 95.6% 114.4% Net interest margin 2.8% 2.5% Cost-income ratio 139.7% 145.6% Return on equity -23.7% -20.1% 13.6 11.1 9M-24 9M-25 -19% -23.7% -20.1% 9M-24 9M-25 +3.7pp
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41 Key figures per ProCredit bank (as per 9M-25) Eastern Europe South Eastern Europe South America Germany Country Bulgaria Serbia Kosovo North Macedonia Romania Bosnia & Herzegovina Customer loan portfolio (EUR m) 1,899 1,079 1.012 617 466 393 Change in customer loan portfolio (%) 7.2% 10.1% 14.8% 11.3% 9.8% 11.4% Credit impaired loans (Stage 3) 1.1% 2.5% 1.1% 1.5% 1.8% 2.0% Profit after tax (EUR m) 20.1 15.1 19.6 7.9 2.2 4.2 Country Albania Ukraine Georgia Moldova Ecuador Germany Customer loan portfolio (EUR m) 365 569 445 248 437 36 Change in customer loan portfolio (%) 7.3% 11.2% -3.0% 14.2% -8.8% -7.9% Credit impaired loans (Stage 3) 0.9% 3.2% 2.4% 1.7% 8.4% 0.0% Profit after tax (EUR m) -0.6 18.5 7.1 2.5 -6.4 3.6 ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025
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42 Key figures for ProCredit Bank Ukraine ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 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 1.2% 0.1% Yellow 11.7% 0.9% Green 87.0% 6.5% 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 Q2-25 Q3-25 Staff information Number of staff 382 377 Change qoq % -1.8% -3.1% Loan portfolio and quality Loan portfolio (EURm) 522 569 % of group 7.1% 7.5% Share of Stage-3 3.3% 3.2% Coverage ratio Stage-3 75% 80% Income statement (EURm) Net interest income 13.3 14.1 Net fee and commission income 1.1 1.3 Loss allowance -0.8 1.2 Profit after tax 6.4 5.1 Key metrics Cost-income ratio 46.0% 43.6% RoE 22.8% 18.0% Deposit to loan ratio 141% 131% Local CET1 buffer > 10pp1 > 10pp1 1) Including recognition of Dec-24 EUR 20m capital increase
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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 (Q4-24 presentation) 43ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 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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44 Appendix ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 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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2.6 2.2 2.4 36% 27% 28% Dec-23 Dec-24 Sep-25 HLA HLA ratio (in EUR bn) 178% 174% 165% 100% 100% 100% 158% 154% 148% Dec-23 Dec-24 Sep-25 LCR Regulatory minimum NSFR ratio 86% 8% 2% 3% 1% Customer deposits Liabilities to banks Debt securities Subordinated debt Other liabilities Funding, rating and liquidity Total liabilities: EUR 10.0 bn 45ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 BBB (stable) ProCredit Holding rating by Fitch, last affirmed on 28 April 2025 Liquidity coverage ratio (LCR) and NSFR Highly liquid assets (HLA) and HLA ratio Funding sources 114% deposit- loan ratio down 1.3 pp yoy
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Explanatory note on performance indicators and ratios 46ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 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: In our forecasts we do not take into account any upside potential, e.g. through reconstruction of the country co-financed by the Western community. 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 (Bosnia and Herzegovina, Ecuador and Kosovo) to the extent that higher funding costs cannot be fully passed on to customers due to the rate ceilings, an increase in inflation rates and pronounced exchange rate fluctuations. We currently anticipate only a limited direct impact on our business from the tariffs imposed by the US in 2025 on a large number of countries. With the exception of Ecuador, the United States does not represent a significant export market for the countries in which we operate. Nevertheless, we see the change in US trade policy as a general risk to global economic development, which could also potentially affect the markets we serve. (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 Petra Vielhaber tel.: +49 69 951 437 249 e-mail: PCH.media@procredit-group.com Financial calendar (continuously updated on IR Website) 47ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025 Date Location Event information 24.11. – 26.11.2025 Frankfurt/ Main Deutsches Eigenkapitalforum 2025 19.03.2026 Annual Report 2025 13.05.2026 Quarterly Report as of 31 March 2026 03.06.2026 Frankfurt/ Main Annual General Meeting 13.08.2026 Interim Report as of 30 June 2026 12.11.2026 Quarterly Report as of 30 September 2026
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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 (13 November 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 (13 November 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 48ProCredit Group | 9M / Q3 2025 results | Frankfurt am Main, 13 November 2025