Interim report
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1 Interim Report 9 Months 2026
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2 Table of Contents Table of Contents ........................................................................................................................................................... 2 Management Director´s Statement............................................................................................................................. 3 Overview of financial results ....................................................................................................................................... 5 Capitalisation ................................................................................................................................................................. 7 Consolidated financial statements ............................................................................................................................... 9 Consolidated statement of comprehensive income ................................................................................................ 9 Consolidated statement of financial position .........................................................................................................10 Consolidated statement of cash flows .....................................................................................................................11 Consolidated statement of changes in equity .........................................................................................................12 Notes to consolidated financial statements .............................................................................................................13 Note 1 Accounting principles .............................................................................................................................13 Note 2 Operating segments ...............................................................................................................................14 Note 3 Net interest income ................................................................................................................................17 Note 4 Net fee and commission income ..........................................................................................................17 Note 5 Cash, balances with central banks and other deposits .....................................................................18 Note 6 Financial investments ............................................................................................................................18 Note 7 Loans and advances to customers .......................................................................................................19 Note 8 Loss allowances of loans and advances ..............................................................................................19 Note 9 Allocation of past due loans ..................................................................................................................19 Note 10 Loans and advances to customers by economic sector ..................................................................19 Note 11 Financial assets and liabilities by residual maturity .........................................................................20 Note 12 Customer deposits and loans received .............................................................................................21 Note 13 Contingent liabilities ............................................................................................................................21 Note 14 Related parties ......................................................................................................................................22 Note 15 Basic earnings and diluted earnings per share ................................................................................22 Shareholders, Supervisory Board and Management Board of Coop Pank AS .....................................................23 Statement of the Management Board of Coop Pank AS .........................................................................................23
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3 Management Director´s Statement Business volumes and financial results By the end of Q3 2026, Coop Pank had 240,600 customers, an increase of 5,000 (+2%) during the quarter and 19,000 (+9%) over the year. The bank had 113,900 active customers, an increase of 1,900 (+1.7%) during the quarter and 8,000 (+8%) over the year. In Q3 2026, the volume of deposits at Coop Pank increased by EUR 131 million (+6%) to reach EUR 2.32 billion. Deposits from private customers increased by EUR 20 million: demand deposits decreased by EUR 6 million and term deposits increased by EUR 26 million. Deposits from domestic business customers increased by EUR 51 million: demand deposits increased by EUR 106 million, while term deposits decreased by EUR 55 million. Deposits raised through platforms increased by EUR 60 million. Compared with Q3 2025, the volume of Coop Pank's deposits increased by EUR 408 million (+21%). In Q3 2026, the bank's cost of funding was 2.1%, compared with 2.3% in the same period last year. In Q3 2026, Coop Pank's net loan portfolio increased by EUR 68 million (+3%) to reach EUR 2.3 billion. During the quarter, the strongest growth was recorded in the business loan portfolio, which increased by EUR 33 million (+3%). The home loan portfolio increased by EUR 32 million (+4%), the leasing portfolio increased by EUR 1 million (+1%), and the consumer finance portfolio increased by EUR 3 million (+2%). Compared with Q3 2025, Coop Pank's total loan portfolio increased by EUR 278 million (+14%). In Q3 2026, overdue loan portfolio of Coop Pank was at the level of 2%. A year ago, overdue loan portfolio was at the level of 2.3%. Impairment costs of financial assets amounted to EUR 0.4 million in Q3 2026, EUR 1 million less than in the previous quarter and EUR 0.3 million less than in Q3 2025. Coop Pank's net income amounted to EUR 23.8 million in Q3 2026, increasing by 7% compared with the previous quarter and by 22% compared with Q3 2025. Operating expenses amounted to EUR 12.5 million in Q3 2026, increasing by 13% compared with the previous quarter and by 19% compared with Q3 2025. In Q3 2026, Coop Pank's net profit amounted to EUR 9.1 million, an increase of 10% compared with the previous quarter and an increase of 30% compared with Q3 2025. In Q3 2026, the bank's cost -to-income ratio was 52% and its return on equity was 14.6%. As of 30 September 2026, Coop Pank had 31,5 thousand shareholders. Business environment and key developments The third quarter confirmed that Coop Pank’s growth remains profitable. Our loan portfolio increased by EUR 68 million during the quarter, while net profit rose by 30% year on year. Profit growth was driven by higher lending volumes and the strong quality of our loan portfolio, with the rise in Euribor also supporting our results. We are making good progress towards our strategic target of achieving annual net profit of more than EUR 60 million by 2030. Coop Pank remains a growth bank, but our financial performance and targets also provide grounds for viewing Coop Pank shares as a dividend investment at their current price level. For investors, this offers an opportunity to earn dividend income while also benefiting from the bank’s continued growth. During the third quarter, the City of Tallinn sold its stake of approximately 3% in Coop Pank. Strong demand for the shares demonstrated growing confidence in the bank, particularly among professional investors. The number of investors holding more than 100,000 Coop Pank shares also increased. Professional investors
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4 conduct thorough analyses of banks, making their growing interest an important vote of confidence in both our performance to date and our future growth plans. To support the bank’s continued growth, we updated our European Medium Term Note and Covered Bond Programme in September. We doubled the programme limit to EUR 1.5 billion and expanded the range of instruments to include unsecured senior notes and Tier 2 subordinated notes alongside covered bonds, providing us with greater flexibility in our funding. As part of our capital management activities, we also continued repurchasing shares under the previously approved share buyback programme. Since September, the partnership between Coop Pank and Coop stores has brought significant additional benefits to our customers in their everyday lives, particularly in Harju County. With Prisma stores joining Coop, Coop’s market share in Tallinn will increase from 5% to 17%, significantly expanding the number of people who have a Coop store close to home. Customers with Coop Pank’s Useful and Unlimited plans can also earn cashback at Prisma stores as they gradually transition to the Coop brand. This makes banking with Coop Pank more rewarding for customers shopping in the capital. At the same time, we have strengthened our position in everyday banking and expanded our offering for customers who travel frequently and expect more comprehensive insurance cover from their bank. In the second quarter, we launched the Unlimited plan, followed by the Platinum credit card in early October, marking our entry into the premium credit card segment. From November, retail banking will be led by Moonika Maaring, who joins the Management Board. As a domestic bank, we are also committed to contributing to Estonian society. In the third quarter, we signed a new three-year partnership agreement with the Estonian Volleyball Federation to support Estonian volleyball and youth sport, helping to make sporting opportunities more accessible across the country. Our third-quarter results give us confidence to continue pursuing our chosen strategy. Our ambition is to grow faster than the Estonian banking market, strengthen our position as a domestic bank and create increasing value for both our customers and shareholders. Arko Kurtmann Chairman of the Management Board
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5 Overview of financial results Income statement EUR thousand Q3 2026 Q2 2026 quarterly change Q3 2025 annual change Net interest income 22,737 20,781 9% 18,299 24% Net fee and commission income 876 1,141 -23% 1,100 -20% Other income 150 366 -59% 143 5% Total net operating income 23,763 22,288 7% 19,542 22% Operating expense -12,467 -11,060 13% -10,459 19% Impairment losses on financial assets -391 -1,419 -72% -664 -41% Income tax -1,828 -1,587 15% -1,448 26% Net profit 9,077 8,222 10% 6,971 30% Business volumes, EUR thousand Q3 2026 Q2 2026 quarterly change Q3 2025 annual change Net loan portfolio 2,301,403 2,233,610 3% 2,023,349 14% Cash and bonds 630,286 570,592 10% 469,143 34% Customer deposits and loans received 2,368,562 2,247,677 5% 1,957,852 21% Shareholder’s equity 251,631 245,342 3% 227,305 11% Ratios (quarterly ratios, expressed on annualised basis) Q3 2026 Q2 2026 quarterly change Q3 2025 annual change Average equity (attributable to parent company), EUR thousand 248,687 241,698 6,989 223,739 24,948 Return on equity ROE % (net profit / average equity) 14.6 13.5 1.1 12.5 2.1 Average total assets EUR thousand 2,898,950 2,779,944 119,006 2,457,875 441,075 Return on assets ROA % (net profit / average total assets) 1.3 1.2 0.1 1.1 0.2 Cash and interest-bearing assets, average, EUR thousand 2,883,933 2,765,113 118,820 2,440,449 443,484 Net interest margin NIM % (net interest income / interest-bearing assets, average) 3.2 3.0 0.2 3.0 0.2 Cost / income ratio % (total operating costs / total net operating income) 52.5 49.6 2.9 53.5 -1.0
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6 Key financial indicators in the last three years as of the date of the interim report EUR thousand 30.09.2026 30.09.2025 30.09.2024 Net loan portfolio 2,301,403 2,023,349 1,661,152 Customer deposits and loans received 2,368,562 1,957,852 1,838,626 Subordinated loans 72,941 63,348 63,410 Shareholder’s equity 251,631 227,305 204,963 Net interest income 63,061 54,231 58,420 Net fee and commission income 3,102 3,420 3,054 Other income 702 745 438 Total net operating income 66,865 58,396 61,912 Operating expense -34,489 -30,069 -29,777 Impairment losses on financial assets -2,185 -2,257 -2,822 Income tax -4,586 -4,537 -3,528 Net profit 25,605 21,533 25,785 Key risk indicators in the last three years as of the date of the interim report EUR thousand 30.09.2026 30.09.2025 30.09.2024 Leverage ratio (LR) Total exposure measure 3,028,370 2,743,808 2,267,460 Leverage ratio (%) 7.88% 8.08% 8.10% Overall leverage ratio requirement (%) 3.00% 3.00% 3.00% Liquidity Coverage Ratio (LCR) High credit quality liquid assets - total weighted value 543,853 402,700 395,668 Cash outflows - Total weighted value 282,444 236,060 214,999 Cash inflows - Total weighted value 27,461 18,196 21,572 Total net cash outflow - adjusted value 254,983 217,144 193,427 Liquidity coverage ratio (%) 213.29% 185.45% 204.56% Net Stable Funding Ratio (NSFR) Total available stable funding 2,309,986 2,000,485 1,618,865 Total required stable funding 1,845,690 1,666,522 1,248,029 NSFR ratio (%) 125.16% 120.04% 129.71%
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7 Capitalisation Capital base 30.09.2026 31.12.2025 Tier 1 capital Paid-in share capital and share premium 100,333 98,771 Statutory reserve capital 9,860 8,424 Retained earnings 117,540 96,989 Eligible profit of the reporting period 6,458 16,449 Accumulated other comprehensive income* -3,003 -104 Goodwill accounted for as intangible asset (-) -6,757 -6,757 Intangible assets (-) -8,560 -9,212 Deductions from securitisation positions (-)** -3,550 0 Adjustment of value arising from requirements of reliable measurement (-) -83 -55 Other deductions from Tier 1 capital (-) -1,861 -1,081 Total Common Equity Tier 1 capital 210,377 203,424 Additional Tier 1 capital 28,148 28,148 Total Tier 1 capital 238,525 231,572 Subordinated debt 44,793 35,000 Tier 2 capital 44,793 35,000 Eligible capital for capital adequacy calculation 283,318 266,572 Risk-weighted assets RWA Central government and central banks using standardised approach 1,205 0 Regional governments or local authorities 9 11 Credit institutions, investment companies using standardised approach 11,258 8,118 Companies using standardised approach 305,872 279,435 Retail claims using standardised approach 177,363 187,554 Claims secured by mortgage on real estate using standardised approach 675,796 709,500 Claims past due using standardised approach 7,238 8,456 Acquisition, development and construction (ADC) standardised approach 138,261 144,343 Other assets using standardised approach 17,623 16,976 Total credit risk and counter-party credit risk 1,334,625 1,354,393 Risk exposure for operational risk (ASA) 88,428 78,318 Total credit valuation adjustment exposure (RBA)*** 3,520 4,863 Total risk-weighted assets (total risk exposure) 1,426,573 1,437,574 CET 1 capital ratio % 14.75% 14.15% Tier 1 capital ratio % 16.72% 16.11% Capital adequacy ratio % 19.86% 18.54% * Other accumulated comprehensive income includes revaluation reserve of financial assets at fair value through other comprehensive income. ** The line of deductions arising from a synthetic securitisation transaction includes securitisation positions for which the bank bears potential losses. In accordance with Article 36 (1) (k) (ii) of Regulation (EU) No 575/2013, those positions should be deducted from Common Equity Tier 1 capital. *** Risk exposure for credit valuation adjustment (CVA) includes the credit valuation adjustment for derivatives held for hedge accounting using reduced basic approach (RBA). As of June 2026, a synthetic securitisation transaction with the European Investment Fund (EIF) has been finalised, the purpose of which is to obtain additional credit risk protection for the selected loan portfolio. As a result of the synthetic securitisa tion transaction, the securitisation positions are recognised in the regulatory capital accounting in accordance with the CRR securitisation framework. The transaction will enable the reduction of risk-weighted assets (RWAs) of the exposures it covers and enhance capital adequacy indicators.
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8 Requirements to own funds: Core Tier 1 capital ratio 4.50% core Tier 1 capital / total risk exposure Tier 1 capital ratio 6.00% Tier 1 capital / total risk exposure Total capital ratio (capital adequacy) 8.00% total capital / total risk exposure Capital conservation buffer 2.50% of total risk exposure Countercyclical capital buffer rate 1.50% of total risk exposure Systematically important banks buffer 0.50% of total risk exposure Pillar 2 requirement (P2R) 2.75% of total risk exposure Pillar 2 guidance (P2G) 1.50% of total risk exposure By the end of the reporting period, the Group is compliant with all regulative capital requirements.
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9 Consolidated financial statements Consolidated statement of comprehensive income EUR thousand Note Q3 2026 9 M 2026 Q3 2025 9 M 2025 Interest income calculated using the effective interest method 34,348 95,710 28,626 86,161 Other income similar to interest 2,877 8,219 2,733 8,515 Interest and similar expense -14,488 -40,868 -13,060 -40,445 Net interest and similar income 3 22,737 63,061 18,299 54,231 Fee and commission income 2,405 6,781 2,120 6,203 Fee and commission expense -1,529 -3,679 -1,020 -2,783 Net fee and commission income 4 876 3,102 1,100 3,420 Net gain or loss on derecognition of financial assets at fair value through other comprehensive income 0 74 0 251 Handling of overdue receivables 149 403 157 496 Other income 1 225 -14 -2 Net other income 150 702 143 745 Payroll expense -7,663 -20,248 -6,472 -17,968 Operating expense -2,934 -8,743 -2,466 -7,585 Depreciation -1,870 -5,498 -1,521 -4,516 Total operating expense -12,467 -34,489 -10,459 -30,069 Profit before loss allowances and tax 11,296 32,376 9,083 28,327 Credit loss allowance -391 -2,185 -664 -2,257 Profit before income tax 10,905 30,191 8,419 26,070 Income tax -1,828 -4,586 -1,448 -4,537 Net profit for the reporting period 9,077 25,605 6,971 21,533 Other comprehensive income / loss Items that may subsequently be reclassified to income statement: Financial assets at fair value through other comprehensive income -2,707 -2,900 -76 -207 Other comprehensive income/loss -2,707 -2,900 -76 -207 Comprehensive income for the reporting period 6,370 22,705 6,895 21,326 Basic earnings per share (in euros) 15 0.09 0.25 0.07 0.21 Diluted earnings per share (in euros) 15 0.08 0.24 0.07 0.20
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10 Consolidated statement of financial position EUR thousand Note 30.09.2026 31.12.2025 Assets Cash, balances with central banks and other deposits 5 512,107 469,732 Mandatory reserve at the central bank 21,890 18,985 Debt securities at fair value through other comprehensive income 6 83,456 58,035 Debt instruments at amortized cost 6 12,833 4,988 Equity instruments at fair value through other comprehensive income 13 13 Loans and advances to customers 7,8,9,10 2,301,403 2,114,091 Derivatives 0 3,681 Other financial assets 11 683 741 Other assets 2,458 1,718 Assets held for sale 304 1,256 Right-of-use assets 4,194 4,736 Tangible assets 4,177 3,539 Intangible assets 15,374 14,722 Goodwill 6,757 6,757 Total assets 2,965,649 2,702,994 Liabilities Customer deposits and loans received 12 2,368,562 2,124,520 Debt securities 246,876 255,203 Lease liabilities 4,205 4,766 Derivatives 3,731 0 Other financial liabilities 11 8,917 13,230 Other liabilities 8,786 7,584 Subordinated debt 72,941 63,148 Total liabilities 2,714,018 2,468,451 Shareholder’s equity Share capital 71,087 70,638 Share premium 29,753 28,133 Treasury shares (-) -507 0 Statutory reserve capital 9,860 8,424 Retained earnings 143,145 125,713 Other reserves and assets revaluations -1,707 1,635 Total shareholder’s equity 251,631 234,543 Total liabilities and shareholders’ equity 2,965,649 2,702,994
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11 Consolidated statement of cash flows EUR thousand Note 9 M 2026 9 M 2025 Cash flows from operating activities Interest and other similar income received 102,188 94,660 Interest paid -40,550 -37,100 Service fee and commission received 6,781 6,203 Service fee and commission paid -3,679 -2,783 Other received income 700 748 Salaries paid -19,205 -18,250 Other operating expenses paid -8,743 -7,585 Income Tax paid -4,063 -4,046 Total cash flows from operating activities before changes in operating assets and liabilities 33,429 31,847 Change in operating assets: Loans and advances to customers -188,612 -251,943 Change of mandatory reserve in central bank -2,905 -355 Other assets -1,393 -970 Change in operating liabilities: Change in client deposits and loans received 242,716 72,718 Other liabilities -4,619 -1,731 Net cash flows from operating activities 78,617 -150,434 Cash flows from investment activities Acquisition of property, plant and equipment -6,147 -5,312 Sale of property, plant and equipment and investment properties 1,296 0 Acquisition of debt securities -35,310 -28,340 Sale and redemption of debt instruments 1,025 14,430 Total cash flows from investment activities -39,136 -19,221 Cash flows from financing activities Contribution to share capital 1,169 842 Repurchase of treasury shares -758 0 Dividends paid -6,736 -7,209 Issue of subordinated dept 20,000 0 Redemption of subordinated bonds -10,000 0 Repayment of principal of lease liabilities -783 -749 Debt securities issued 0 249,235 Total cash flows from financing activities 2,892 242,119 Effect on exchange rate changes on cash and cash equivalents 2 -3 Change in cash and cash equivalents 42,375 72,462 Cash and cash equivalents at the beginning of period 469,732 325,362 Cash and cash equivalents at the end of period 5 512,107 397,824 Cash and cash equivalents balance is comprised of: 512,107 397,824 Cash on hand 4,766 2,265 Demand deposits in central bank 482,988 377,853 Demand and short-term deposits in credit institutions and other financial institutions 24,353 17,706
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12 Consolidated statement of changes in equity Share capital Share premium Treasury shares (-) Statutory reserve capital Other reserves Revalua tion reserve Retained earnings Total shareholde r’s equity Equity as at 31.12.2024 70,181 26,711 0 6,815 1,825 298 105,807 211,637 Contribution to share capital 457 1,422 0 0 -1,037 0 0 842 Change in reserves 0 0 0 1,609 0 0 -1,609 0 Dividends paid 0 0 0 0 0 0 -7,209 -7,209 Share options 0 0 0 0 709 0 0 709 Net profit 01.01. - 30.09.2025 0 0 0 0 0 0 21,533 21,533 Other comprehensive income 01.01.- 30.09.2025 0 0 0 0 0 -207 0 -207 Total comprehensive income 0 0 0 0 0 -207 21,533 21,326 Equity as of 30.09.2025 70,638 28,133 0 8,424 1,497 91 118,522 227,305 Share options 0 0 0 0 242 0 0 242 Net profit 01.10. - 31.12.2025 0 0 0 0 0 0 7,191 7,191 Other comprehensive income 01.10. - 31.12.2025 0 0 0 0 0 -195 0 -195 Total comprehensive income 0 0 0 0 0 -195 7,191 6,996 Equity as at 31.12.2025 70,638 28,133 0 8,424 1,739 -104 125,713 234,543 Contribution to share capital 449 1,620 251 0 -1,151 0 0 1,169 Change in reserves 0 0 0 1,436 0 0 -1,436 0 Repurchase of treasury shares 0 0 -758 0 0 0 0 -758 Dividends paid 0 0 0 0 0 0 -6,736 -6,736 Share options 0 0 0 0 708 0 0 708 Net profit 01.01. - 30.09.2026 0 0 0 0 0 0 25,605 25,605 Other comprehensive income 01.01.- 30.09.2026 0 0 0 0 0 -2,900 0 -2,900 Total comprehensive income 0 0 0 0 0 -2,900 25,605 22,705 Equity as of 30.09.2026 71,087 29,753 -507 9,860 1,296 -3,004 143,146 251,631
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13 Notes to consolidated financial statements Note 1 Accounting principles The interim report has been prepared in conformity with International Accounting Standard IAS 34 “Interim Financial Reporting” as approved by the EU. The accounting principles used in interim report are in conformity with accounting principles used in Annual Report 2025. Subsidiaries are consolidated on a line -by-line basis, eliminating the intercompany transactions, receivables and liabilities, income and expense. The definition of group according to the Regulation (EU) No 575/2013 of the European Parliament and of the Council matches that of IFRS. All figures in financial statements are in thousands of euros unless noted otherwise. Prana Property SIA is no longer part of the Coop Pank AS Group structure following its liquidation and deregistration from the Commercial Register on 29 July 2026. Structure of the Group Country Activity Holding Coop Pank AS Estonia banking Parent company Coop Liising AS Estonia leasing 100% Coop Insurance Broker AS Estonia insurance brokerage 100%
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14 Note 2 Operating segments Operating segments are reported in a manner consistent with the internal reporting provided to the main operating decision-maker. The main decision -maker, responsible for resource distribution and evaluation of the activities of the segments, is the management board of the bank. The Group divides its business into segments based on the legal structure and the product- and customer- specific distribution within the Bank. According to the legal structure, the Group has a leasing and insurance brokerage segment that provides leasing products and i nsurance brokerage services to both private and corporate customers, respectively. Leasing segment earns interest income from lending. The insurance brokerage segment earns revenues on intermediating insurance contracts. Due to the Bank's product -based division, the Group distinguishes the consumer financing segment. The consumer financing segment provides consumer loans and hire-purchase cards to private customers. The segment earns interest incomes from lending and fee commissions from issuing hire-purchase cards. Due to the Bank's customer-based division, the Group owns corporate banking (legal entities) and retail banking (private individuals) segments. Both segments offer money transferring products and loan products to customers and gather deposits. The segments earn interest income from lending and commissions fees from settlement of payments and bank card transactions. Segments are the basis for regular monitoring of business results by the Group's management and supervisory boards, and separate financial data are available for the segments. According to the Group's structure, the Bank also divides the corporate banking and retail banking segments into more detailed business lines of loans and everyday banking (deposits, settlements). The Group also uses the division of business lines for planning and budgeting. The Management Board of the Group has been appointed as the chief decision maker for assessing financial allocations and the profitability of business. Revenue reported by a segment consists of revenue from external customers and additional interest income or interest expense on inter -segment borrowing, which is based on the internal transfer pricing model in the Group and is shown as elimination in the tables below. The Group does not have any customers whose income would account for more than 10% of the respective type of income. The geographical breakdown of interest income is shown in Note 3. The geographical breakdown of commission fees is shown in Note 4. Assets and liabilities as at 30.09.2026, EUR million Corporate banking Retail banking Consumer financing Leasing Other* Elimination Total Loan portfolio 1,081 924 110 186 678 -678 2,301 Other assets 260 224 37 46 97 0 664 Total assets 1,341 1,148 147 232 775 -678 2,965 Total liabilities 1,227 1,052 134 213 766 -678 2,714
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15 Segment profits, Q3 2026, EUR thousand Corporate banking Retail banking Consumer financing Leasing Other* Elimination Total Interest income 18,745 12,835 3,614 2,611 7,445 -8,025 37,225 Incl. external income 16,705 10,944 3,614 2,611 3,351 0 37,225 Incl. internal income 2,041 1,891 0 0 4,093 -8,025 0 Interest expenses -7,171 -6,136 -735 -1,251 -7,220 8,025 -14,488 Net interest income 11,574 6,699 2,879 1,360 225 0 22,737 Fee and commission income 643 1,270 132 55 305 0 2,405 Fee and commission expense -343 -1,103 -30 -31 -22 0 -1,529 Net fee and commission income 300 167 102 24 283 0 876 Net other income 24 75 32 32 -13 0 150 Total net income 11,898 6,941 3,013 1,416 495 0 23,763 Total operating expense -4,357 -4,702 -1,580 -1,155 -673 0 -12,467 Profit before loss allowances and tax 7,541 2,239 1,433 261 -178 0 11,296 Credit loss allowance 384 -110 -508 -157 0 0 -391 Income tax -1,291 -387 -150 0 0 0 -1,828 Net profit 6,634 1,742 775 104 -178 0 9,077 Segment profits, 9 M 2026, EUR thousand Corporate banking Retail banking Consumer financing Leasing Other* Elimination Total Interest income 52,413 36,045 10,522 7,459 20,662 -23,172 103,929 Incl. external income 46,676 30,513 10,522 7,459 8,759 0 103,929 Incl. internal income 5,737 5,532 0 0 11,903 -23,172 0 Interest expenses -20,566 -17,666 -2,108 -3,642 -20,058 23,172 -40,868 Net interest income 31,847 18,379 8,414 3,817 604 0 63,061 Fee and commission income 1,821 3,532 385 170 873 0 6,781 Fee and commission expense -692 -2,839 -49 -33 -66 0 -3,679 Net fee and commission income 1129 693 336 137 807 0 3,102 Net other income 71 205 11 68 347 0 702 Total net income 33,047 19,277 8,761 4,022 1,758 0 66,865 Total operating expense -11,964 -12,957 -4,254 -3,234 -2,080 0 -34,489 Profit before loss allowances and tax 21,083 6,320 4,507 788 -322 0 32,376 Credit loss allowance -316 -211 -1,519 -139 0 0 -2,185 Income tax -3,150 -985 -451 0 0 0 -4,586 Net profit 17,617 5,124 2,537 649 -322 0 25,605 * “Other” includes treasury, subsidiaries Prana Property, Coop Kindlustusmaakler.
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16 Segment profits, Q3 2025, EUR thousand Corporate banking Retail banking Consumer financing Leasing Other* Elimination Total Interest income 15,095 10,947 3,427 2,491 6,383 -6,984 31,359 Incl. external income 13,524 9,352 3,427 2,491 2,565 0 31,359 Incl. internal income 1,571 1,595 0 0 3,818 -6,984 0 Interest expenses -6,251 -5,631 -707 -1,261 -6,194 6,984 -13,060 Net interest income 8,844 5,316 2,720 1,230 189 0 18,299 Fee and commission income 534 1,150 121 41 274 0 2,120 Fee and commission expense -166 -826 -10 -1 -17 0 -1,020 Net fee and commission income 368 324 111 40 257 0 1,100 Net other income 21 59 47 31 -15 0 143 Total net income 9,233 5,699 2,878 1,301 431 0 19,542 Total operating expense -3,656 -3,829 -1,379 -991 -604 0 -10,459 Profit before loss allowances and tax 5,577 1,870 1,499 310 -173 0 9,083 Credit loss allowance -212 44 -474 -22 0 0 -664 Income tax -947 -327 -174 0 0 0 -1,448 Net profit 4,418 1,587 851 288 -173 0 6,971 Segment profits, 9 M 2025, EUR thousand Corporate banking Retail banking Consumer financing Leasing Other* Elimination Total Interest income 44,767 33,299 10,180 7,773 18,499 -19,842 94,676 Incl. external income 40,070 28,575 10,180 7,773 8,078 0 94,676 Incl. internal income 4,697 4,724 0 0 10,421 -19,842 0 Interest expenses -18,666 -17,209 -2,213 -4,003 -18,196 19,842 -40,445 Net interest income 26,101 16,090 7,967 3,770 303 0 54,231 Fee and commission income 1,506 3,375 358 134 830 0 6,203 Fee and commission expense -518 -2,178 -31 -4 -52 0 -2,783 Net fee and commission income 988 1197 327 130 778 0 3,420 Net other income 87 243 140 74 201 0 745 Total net income 27,176 17,530 8,434 3,974 1,282 0 58,396 Total operating expense -10,366 -11,242 -3,894 -2,876 -1,691 0 -30,069 Profit before loss allowances and tax 16,810 6,288 4,540 1,098 -409 0 28,327 Credit loss allowance 325 -242 -1,615 -725 0 0 -2,257 Income tax -3,001 -1037 -499 0 0 0 -4,537 Net profit 14,134 5,009 2,426 373 -409 0 21,533 Assets and liabilities as at 30.09.2025, EUR million Corporate banking Retail banking Consumer financing Leasing Other* Elimination Total Loan portfolio 922 819 103 180 625 -625 2,024 Other assets 198 180 31 40 59 0 508 Total assets 1,120 999 134 220 684 -625 2,532 Total liabilities 1,019 911 122 201 677 -625 2,305 *Other includes Treasury and subsidiaries Prana Property and Coop Kindlustusmaakler.
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17 Note 3 Net interest income Q3 2026 9 M 2026 Q3 2025 9 M 2025 Interest income calculated using the effective interest method: Loans to entities 16,165 45,198 13,205 39,117 Consumer loans and hire-purchase loans 3,631 10,582 3,448 10,234 Other loans to private individuals 10,927 30,454 9,331 28,521 Debt securities 911 2,474 514 1,388 Other assets 2,713 7,002 2,128 6,901 34,348 95,710 28,626 86,161 Other similar interest income: Leasing 2,877 8,219 2,733 8,515 Total interest revenues 37,225 103,929 31,359 94,676 Customer deposits and loans received -11,009 -30,835 -9,761 -32,284 Subordinated debt -1,414 -4,100 -1,226 -3,708 Debt securities -2,067 -6,133 -2,020 -4,278 Derivatives 40 318 0 0 Interest expense on lease liabilities -38 -118 -53 -175 Total interest expense -14,488 -40,868 -13,060 -40,445 Net interest income 22,737 63,061 18,299 54,231 In Q3 2026 , the Group earned 98% of interest income from Estonian residents and 2% from residents of other countries (mostly EU countries). This ratio remains unchanged QoQ. Note 4 Net fee and commission income Q3 2026 9 M 2026 Q3 2025 9 M 2025 Fees from cards 939 2,698 874 2,508 Monthly account fees and transaction fees 467 1,234 374 1,184 Insurance brokerage commissions 260 1,061 383 1,149 Foreign exchange transactions 19 51 17 56 Other fee and commission income 720 1,737 472 1,306 Total fee and commission income 2,405 6,781 2,120 6,203 Expenses related to cards -726 -2,053 -664 -1,916 Transaction costs -87 -256 -69 -210 Other fee and commission expense -716 -1,370 -287 -657 Total fee and commission expense -1,529 -3,679 -1,020 -2,783 Net fee and commission income 876 3,102 1,100 3,420 In Q3 2026, the Group earned 82% of fee and commission income from residents of Estonia and 18% from residents of other countries ( including 16% from card transactions settled in the card system of non-resident but related to resident customers). In Q2 2026, 83% of fee and commission income was earned from Estonian residents and 17% from residents of other countries. All fee and commission income are recognized at the time they are incurred. All fee and commission income are classified using a segment-based breakdown.
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18 Note 5 Cash, balances with central banks and other deposits 30.09.2026 31.12.2025 Cash on hand 4,766 4,288 Reserve requirement at the central bank* 21,890 18,985 Demand deposits in central bank 482,988 443,316 Demand deposits at credit institutions and other financial institutions 24,353 22,128 Total 533,997 488,717 * Not included in cash and cash equivalents in the consolidated statement of cash flows. Note 6 Financial investments 30.09.2026 31.12.2025 Government debt securities 75,894 51,746 Credit institutions 6,032 3,934 Debt securities of other non-financial companies 14,363 7,343 Total of debt securities 96,289 63,023 Shares of other non-financial companies 13 13 Total of equity instruments 13 13 Total of financial investments 96,302 63,036 As of 30.09.2026 debt securities of other non-financial companies in the amount of 12,365 thousand euros and debt securities of credit institutions in the amount of 468 thousand euros have been recognised at amortised cost value, and the remaining debt securities in the amount of 83,456 thousand euros and equity instruments in the amount of 13 thousand euros have been recognised at fair value with changes through other comprehensive income. As of 31.12.2025 debt securities of other non-financial companies in the amount of 4,517 thousand euros and debt securities of credit institutions in the amount of 471 thousand euros have been recognised at amortised cost value, and the remaining debt securities in the amount of 58,035 thousand euros and equity instruments in the amount of 13 thousand euros have been recognised at fair value with changes through other comprehensive income.
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19 Note 7 Loans and advances to customers 30.09.2026 31.12.2025 Total receivables from private individuals 1,141,699 1,061,786 incl. consumers loans 110,933 103,179 incl. lease financing 97,163 95,429 incl. mortgage loans and other loans 933,603 863,178 Total receivables from legal entities 1,179,571 1,071,726 incl. lease financing 89,491 85,711 incl. other loans to legal entities 1,090,080 986,015 Total receivables 2,321,270 2,133,512 Loss allowances of loans and advances -19,867 -19,421 Total 2,301,403 2,114,091 The Bank uses segment-based classification when classifying loan products. Note 8 Loss allowances of loans and advances 30.09.2026 31.12.2025 Balance at the beginning of the reporting period -19,421 -18,551 Allowances during the reporting period -1,723 -3,087 Derecognized during reporting period 1,277 2,217 Balance of allowance at the end of the reporting period -19,867 -19,421 Note 9 Allocation of past due loans 30.09.2026 31.12.2025 Unsecured loans to private individuals Secured loans to private individuals Loans to legal entities Unsecured loans to private individuals Secured loans to private individuals Loans to legal entities 1-30 days 4,659 18,254 7,214 4,727 15,084 5,432 31-60 days 1,059 4,250 1,157 1,085 3,954 894 61-90 days 532 3,094 177 602 1,770 5 over 90 days 2,256 770 4,521 2,347 1,043 2,041 Total 8,506 26,368 13,069 8,761 21,851 8,372 Note 10 Loans and advances to customers by economic sector * As of Jan 1, 2026, new EMTAK 2025 codes based on the NACE Rev. 2.1 classification have been introduced in the sectoral breakdown of loans. As of Dec 31, 2025, in order to ensure the comparability of the data, the corresponding guidance material of the Eu ropean Banking Authority (EBA) (JBRC – Advice on the implementation of the NACE Rev. 2.1) has been used to convert the previous EMTAK codes to the new codes. Loans and advances to customers by economic sector 30.09.2026 % 31.12.2025 % Private individuals 1,134,153 49.28% 1,054,601 49.88% M – activities related to real estate 571,336 24.83% 466,163 22.05% C – manufacturing 106,419 4.62% 99,709 4.72% L – financial and insurance activities 106,460 4.63% 92,148 4.36% G – Wholesale and retail 97,559 4.24% 99,137 4.69% D – power and heat generation 50,790 2.21% 50,206 2.37% H – transportation and storage 39,936 1.74% 37,922 1.79% N - Professional, scientific and technical activities 33,616 1.46% 30,806 1.46% F - construction 28,062 1.22% 69,216 3.27% A – agriculture, forestry and fishing 27,921 1.21% 25,749 1.22% I – hospitality and food service 25,680 1.12% 17,783 0.84% O – administrative and support services 24,896 1.08% 26,820 1.27% T – other service 14,833 0.64% 2,833 0.13% Other 39,742 1.73% 40,998 1.95% Total 2,301,403 100% 2,114,091 100%
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20 Note 11 Financial assets and liabilities by residual maturity Undiscounted cash flows by residual maturity 30.09.2026 Up to 3 months 3-12 months 1-5 years Over 5 years Total Assets Cash and cash equivalents 529,637 4,040 320 533,997 Debt securities at fair value 3,472 3,876 36,640 51,324 95,312 Debt instruments at amortized cost 3,154 724 12,206 0 16,084 Loans and advances to customers 124,943 402,985 1,368,669 1,246,803 3,143,400 Equity instruments 0 0 0 13 13 Derivatives 72 3,044 13,753 297 17,166 Other financial assets 683 0 0 0 683 Total financial assets 661,961 410,629 1,435,308 1,298,757 3,806,655 Liabilities Customer deposits and loans received 1,575,085 762,857 44,769 1,093 2,383,804 Debt securities 0 7,791 258,348 0 266,139 Lease liabilities 266 797 3,482 0 4,545 Derivatives 3,320 7,519 12,788 807 24,434 Other financial liabilities 8,917 0 0 0 8,917 Subordinated debt 1,695 29,361 53,740 0 84,796 Total financial liabilities 1,589,283 808,325 373,127 1,900 2,772,635 Off-balance sheet liabilities Undrawn lines of credit and overdraft facilities 222,221 0 0 0 222,221 Financial guarantees 44,836 0 0 0 44,836 Total on-balance / off-balance-sheet liabilities 1,856,340 808,325 373,127 1,900 3,039,692 Duration gap of financial assets and financial liabilities -1,194,379 -397,696 1,062,181 1,296,857 766,963 31.12.2025 Up to 3 months 3-12 months 1-5 years Over 5 years Total Assets Cash and cash equivalents 488,717 0 0 0 488,717 Debt securities at fair value 53 6,227 33,850 25,899 66,029 Debt instruments at amortized cost 95 303 6,008 0 6,406 Loans and advances to customers 102,754 343,908 1,273,290 1,105,113 2,825,065 Equity instruments 0 0 0 13 13 Derivatives 3,827 -2,681 5,162 0 6,308 Other financial assets 700 38 0 3 741 Total financial assets 596,146 347,795 1,318,310 1,131,028 3,393,279 Liabilities Customer deposits and loans received 1,239,093 786,943 33,873 358 2,060,267 Loans received 72,718 1,511 2,969 77,198 Debt securities 7,791 0 272,519 0 280,310 Lease liabilities 260 778 3,894 287 5,219 Other financial liabilities 13,230 0 0 0 13,230 Subordinated debt 11,003 3,458 58,271 0 72,732 Total financial liabilities 1,344,095 792,690 371,526 645 2,508,956 Off-balance sheet liabilities Undrawn lines of credit and overdraft facilities 212,841 0 0 0 212,841 Financial guarantees 29,539 0 0 0 29,539 Total on-balance / off-balance-sheet liabilities 1,586,475 792,690 371,526 645 2,751,336 Duration gap of financial assets and financial liabilities -990,329 -444,895 946,784 1,130,383 641,943
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21 Note 12 Customer deposits and loans received Due to customers 30.09.2026 31.12.2025 Private individuals 1,183,511 1,056,702 Legal entities 1,140,033 989,204 Credit institutions 14 6,575 Central banks 45,004 72,039 Total 2,368,562 2,124,520 Demand deposits 757,943 637,205 Term deposits 1,562,598 1,410,254 Special purpose loans 48,021 77,061 Total 2,368,562 2,124,520 Note 13 Contingent liabilities 30.09.2026 31.12.2025 Financial guarantees 44,836 29,539 Credit limits and overdrafts 222,221 212,841 Total 267,057 242,380
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22 Note 14 Related parties Related parties are: • a shareholder of significant influence and companies that are part of its group; • management of the group: i.e. members of the Management Board and the Supervisory Board of parent company, head of internal audit and entities controlled by them; • individuals, who have equal economic interest as management, and entities associated to them. The terms of the loans issued to related parties do not differ from the loans issued to other customers regarding interest rates. Transactions with related parties are based on the price list and/or are carried out at market value. Maximum termination benefits payable to members of the management board on a contingent basis is 507 thousand euros (31.12.2025: 492). Balances 30.09.2026 31.12.2025 Shareholders Deposits 3,593 14,117 Members of the Management Board and Supervisory Board and persons and entities associated with them: Loans 2,153 7,383 Deposits 12,105 9,774 Transactions 9 M 2026 9 M 2025 Shareholders: Interest paid during the reporting period 420 104 Members of the Management Board and Supervisory Board and persons and entities associated with them: Interest received during the reporting period 133 86 Interest paid during the reporting period 98 213 Other goods and services sold 2 0 Compensation paid to members of the Management Board and Supervisory Board 990 754 Note 15 Basic earnings and diluted earnings per share In order to calculate basic earnings per share, net profit attributable to owners of the parent has been divided by the weighted ave rage number of shares issued. Diluted earnings per share come from the share options granted to key employees. Q3 2026 9 M 2026 Q3 2025 9 M 2025 Profit attributable to the owners of the parent (in thousands of euros) 9,077 25,605 6,971 21,533 Weighted average number of shares (in thousands of units) 104,316 103,921 103,657 103,255 Basic earnings per share (euros) 0.09 0.25 0.07 0.21 Adjustments for calculation of diluted earnings per share – share options (in thousands of units) 2,977 2,827 2,735 2,587 Weighted average number of shares used for calculating the diluted earnings per share (in thousands of units) 107,293 106,748 106,392 105,842 Diluted earnings per share (euros) 0.08 0.24 0.07 0.20
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23 Shareholders, Supervisory Board and Management Board of Coop Pank AS As at 30.09.2026 shareholders with holding over 5% are: Coop Investeeringud OÜ 21.73% Andres Sonn 8.34% In addition, the member cooperatives of Coop Eesti Keskühistu hold the total of 18.72% of the total amount of shares, however, separately none of them holds over 5%. Members of Supervisory Board hold 105 thousand shares of Coop Pank and Members of Management Board hold 512 thousand shares of Coop Pank, which in total accounts for 0.59% of the total amount of shares. Members of the Supervisory board: Rainer Rohtla (Chairman), Viljar Arakas, Roman Provotorov, Silver Kuus, Jaan Marjundi (with authority until 12.04.2026), Raul Parusk (with authority until 12.04.2026), Mari-Liis Rüütsalu (with authority as of 12.04.2026), Kadri Aguraiuja (with authority as of 12.04.2026). Members of the Management board: Arko Kurtmann (Chairman), Paavo Truu, Alvar Pihlapuu, Heikko Mäe , Karel Parve (with authority until 31.10.2026), Lehar Kütt Statement of the Management Board of Coop Pank AS The Management Board of Coop Pank is of the opinion, that information in this interim report, consisting of the management report and financial reports, is in conformity with requirements to interim reports and gives a true and fair view of the financial condition and economic results of Coop Pank Group, the presented data and additional information is true and comprehensive. Current interim report is not audited. 20.10.2026 Arko Kurtmann Chairman of the Management Board Paavo Truu Member of the Management Board Alvar Pihlapuu Member of the Management Board Heikko Mäe Member of the Management Board Karel Parve Member of the Management Board Lehar Kütt Member of the Management Board
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24 Contacts 669 0966 klienditugi@cooppank.ee www.cooppank.ee