Slides
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E a r n i n g s P r e s e n t a t i o n October 2026 1 3Q26
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1 Key Highlights 2 3Q26 results: • Business activity • Financial results • Asset quality • Solvency and liquidity 3 2 Guidance and Final remarks 4 Appendix I n d e x 3Q26
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Key highlights for the quarter 3 Business volume accelerates its growth to +5% YoY Total customer funds +5% YoY Net profit 9M26 €543m +8% YoY Efficiency ratio 9M26 46% ROTE adjusted(1) 12.2% Net income improved +8% in the year, supported by gross margin and provisions NPLs -15% YoY, increasing coverage by 11 p.p. with a 19bps cost of risk 2nd interim dividend of €6.42 cents Business activity Profitability Asset quality Solvency CET1 ratio 15.5% -28 bps QoQ 2026 interim dividends(2) €382m +126% YoY 2026e total payout 95% vs 70% 2025 TBV + div.(3) +10% YoY NPL coverage 85% vs 74% in 3Q25 Cost of risk 9M26 19bps NPL ratio 1.8% Stock -15% YoY Performing loans +5% YoY Mutual funds +14% YoY 15% subscription market share 9M26 (1) The adjusted ROTE considers a CET1 of 12.5% and deducts AT1 coupons (2) First interim dividend of €0,0844 paid on the 24th September 2026. Second interim dividend of €0,0642 to be paid on 17th of December of 2026. (3) Tangible book value includes €0,10656 of the 2025 final dividend paid in April 2026 and 2026 first interim dividend of 0,0844 paid in September 2026.
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6.00 6.57 8.44 6.42 2024 2025 2026 First Second 60% 70% 70% 25% 0% 20% 40% 60% 80% 100% 2024 2025 2026 Paid Ordinary Additional 4 Interim dividends (1,2) (€ cents) ~95% Evolution of pay-out (% net profit) Shareholder remuneration 2026 second interim dividend of €6.42 cents per share September 2026 December 2026 First interim Second interim April 2027 Final Dividend payment schedule (1) 14,86 €382M +126% YoY 2026 Interim dividends (1) In 2026 the first interim dividend of €0,0844 was paid on 24th September 2026. 2026 second interim dividend of €0,0642 to be paid on 17th of December of 2026. (2) Dividend per share in euro cents calculated on the number of shares net of treasury shares as of 30th September.
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Rosetta AI-powered software lifecycle accelerator Main progress and initiatives in 9M26 5 Innovation Customer focus Strategic plan 27 progress(2) Conversational banking Global NPS(1) Mutual funds YoY (%) Corporate loans YoY (%) Consumer & other loans YoY (%) 11.9% -0.6% UNI Sector 11.4% 3.5% UNI Sector 13.9% 9.3% UNI Sector 4.2% 4.7% 3Q25 3Q26 Payroll accounts Market share (%) +9.4 p.p. YtD >1 million users Instant payment App (1) NPS internal survey (2) Sector source: Bank of Spain data to August and Inverco to September. For the Bank of Spain consumer series, advances removed in April are adjusted for comparison purposes.
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1 Key Highlights 2 3Q26 results: • Business activity • Financial results • Asset quality • Solvency and liquidity 3 6 Guidance and Final remarks 4 Appendix I n d e x 3Q26
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Customer funds Customer funds grew 4.6% YoY, supported by both on- and off-balance-sheet funds 7 €71bn (1) During 3Q, the classification of off-balance-sheet customer funds was revised following the integration of Unicorp Patrimonio. As a result, certain assets under custody previously reported within “other managed assets” are no longer included as customer funds. Historical information has been restated to reflect the new classification criteria On balance customer funds Breakdown Customer funds (excl. repos) Million Euros 3Q25 2Q26 3Q26 QoQ YoY Customer funds on balance (excl. Repos) 68,989 70,576 70,909 0.5% 2.8% Public institutions 5,802 5,428 6,284 15.8% 8.3% Private sector 63,187 65,148 64,625 -0.8% 2.3% Demand deposits 52,966 55,092 54,548 -1.0% 3.0% Term deposits 9,485 9,706 9,815 1.1% 3.5% Other funds 737 350 262 -25.1% -64.4% Customer funds off balance sheet 24,341 26,535 26,707 0.6% 9.7% Mutual funds, Discretionary Portfolios and SICAVs(1) 16,874 19,020 19,226 1.1% 13.9% Pension plans 3,693 3,673 3,621 -1.4% -2.0% Insurance funds 3,774 3,842 3,860 0.5% 2.3% Total customer funds (excl. repos) 93,330 97,111 97,616 0.5% 4.6% 9% 17% 74% Public sector Corporates Individuals
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Wealth Management & Insurance Wealth management and insurance revenues +9% YoY representing 19% of gross margin 8 +9% YoY 15% Market share(2) Assets under management (€bn) Assets under management and insurance revenues(1)(€m) Mutual funds net inflows €1.6bn 9M26 AuM and insurance revenues account for 19% of gross margin in 9M26 286 312 9M25 9M26 16.9 19.2 7.5 7.5 24.3 26.7 3Q25 3Q26 Other Mutual Funds +10% YoY +14% YoY (1) Includes fee income from assets under management, securities and insurance, and other income from insurance joint ventures and associates. (2) 9M26 net inflows market share from Inverco #2nd in Spain
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11% 22% 60% 7% Public sector Corporate loans Residential mortgages Consumer & other Lending Total performing book grew 4.9% YoY, with all segments up 9 € million 3Q25 2Q26 3Q26 QoQ YoY Public sector 4,974 5,498 5,207 -5.3% 4.7% Private sector 42,073 44,444 44,164 -0.6% 5.0% Corporate loans 9,790 10,497 10,904 3.9% 11.4% Corporates 6,189 6,891 7,254 5.3% 17.2% SMEs 3,187 3,169 3,206 1.2% 0.6% Real Estate developers 414 437 444 1.7% 7.2% Loans to individuals 32,282 33,946 33,260 -2.0% 3.0% Residential mortgages 29,096 29,659 29,695 0.1% 2.1% Consumer & other 3,186 4,287 3,565 -16.8% 11.9% Pension advances 846 1,696 888 -47.6% 5.0% Total Performing book 47,047 49,941 49,371 -1.1% 4.9% €49bn Performing loan book Performing loan book Structure (1) Excludes the extra pension advance payment QoQ (excl. advances 1) +0.3% +1.2% +2.0% +0.5%
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New lending Private-sector new lending +18% in 9M26 10 Total private sector lending(€m) Business & SE lending(€m) Mortgages (€m) Consumer lending and others (€m) 685 758 3Q25 3Q26 2,185 2,851 9M25 9M26 179 268 3Q25 3Q26 +30% YoY 565 753 9M25 9M26 +33% YoY 1,713 1,548 3Q25 3Q26 +10% YoY +18% YoY 4,092 4,486 9M25 9M26 6,841 8,091 9M25 9M26 2,577 2,572 3Q25 3Q26
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ESG Advancing the development of a more sustainable economy and society 1,646 1,892 2,396 2,787 3,159 1,000 1,300 1,600 2,100 2,800 1,000 1,300 1,100 1,600 1,800 FY2022 FY2023 FY2024 FY2025 9M2026 Eligible collateral Green bonds issued (cumulative) Outstanding green bonds 34.8 54.8 81.0 142.6 FY2022 FY2023 FY2024 FY2025 01 02 03 04 Sustainable business +16% ESG lending to corporates in the year 79% of Mutual funds are Art. 8 and 9 17% ESG portfolio with covenants 17 volunteering activities in 3Q26 New emotional wellbeing initiatives for employees through Unicaja Bienestar 2 awards for the Edufinet project (1) and 24,699 beneficiaries in 9M26 of its financial education sessions. 6 green bonds issued since 2022 78% Senior Green Funding share 1.75x eligible collateral / outstanding green bonds +92% eligible collateral growth 2022-3Q26 ▪ 6 sectors with decarbonization targets (80% of the private- sector loan portfolio) ▪ Targets progressing as planned for 2026 GREEN BONDS EVOLUTION (€m) EMISSIONS AVOIDED (Thousand Tonnes) Social development Green bond issuance Decarbonization (1) Recognition from the University of Granada and at the 3rd Hortaleza Business Awards for improving financial literacy among citizens, particularly vulnerable groups.
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1 Key Highlights 2 3Q26 results: • Business activity • Financial results • Asset quality • Solvency and liquidity 3 12 Guidance and Final remarks 4 Appendix I n d e x 3Q26
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Income statement Net income +8.1% in the year, driven by gross margin growing +3.5% and 20% lower provisions, which more than offset the increase in costs 13 Costs: In line with the guidance for the year, reflecting the collective agreement, new hires and investments in strategic-plan initiatives Provisions: Maintain positive performance, with all 3 lines improving in the year. Total provisions are 20% lower than in 9M25 Net interest income: Higher asset yields more than compensated the slight increase in cost of deposits. Fees and commissions: Non-banking fees continue to grow, while the quarterly trend in banking fees was impacted by the implementation of additional loyalty campaigns Other revenues: lower cost of real estate assets and positive contribution from group affiliates Main changes € million 3Q25 2Q26 3Q26 QoQ (%) YoY (%) 9M25 9M26 (%) Net Interest Income 375 382 395 3.5% 5.5% 1,117 1,151 3.0% Dividends 4 17 4 -77.1% -7.1% 16 22 34.3% Associates 19 42 21 -48.8% 13.9% 79 82 3.4% Net Fees 130 133 128 -3.8% -1.5% 392 397 1.3% Trading income + Exch. Diff. 1 1 1 -24.9% -36.8% 9 3 -65.0% Other revenues/(expenses) (14) (10) (5) 55.1% 66.5% (41) (25) 37.6% Gross margin 515 564 544 -3.5% 5.7% 1,573 1,629 3.5% Operating expenses (239) (249) (251) -0.9% -5.0% (711) (746) -4.9% Personnel expenses (145) (148) (149) -0.7% -2.4% (431) (442) -2.6% SG&A (71) (77) (78) -1.1% -10.1% (212) (232) -9.6% D&A (23) (24) (24) -2.3% -5.5% (69) (72) -4.8% Pre-Provision Profit 276 315 293 -7.1% 6.4% 862 884 2.5% Loan loss provisions (28) (23) (24) -5.5% 15.2% (92) (72) 21.6% Other provisions (23) (22) (17) 24.6% 26.0% (69) (59) 13.9% Other profits or losses 7 4 1 -69.5% -82.4% 6 8 23.9% Pre-Tax profit 232 274 253 -7.6% 9.4% 708 760 7.4% Tax (67) (73) (71) 2.5% -7.1% (205) (216) -5.3% Minority interests (0) 0 0 - - 0 1 198.0% Attributable net profit 165 201 182 -9.5% 10.1% 503 543 8.1%
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Net interest income Customer spread improved in the quarter due to the higher loan yield 14 Average quarterly yields and costs(1),(2) (%) (1) Yields calculated as income over average balances for the quarter (2) NIM calculated as net interest income over average yielding assets 2.32% 2.28% 2.28% 2.26% 2.28% 2.77% 2.71% 2.73% 2.74% 2.80% 0.45% 0.42% 0.45% 0.47% 0.53% 1.72% 1.73% 1.69% 1.73% 1.80% 3Q25 4Q25 1Q26 2Q26 3Q26 Customer spread Loan yield Deposit cost NIM
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395 11 382 16 9 1 NII 2Q26 Deposits Lending Liquidity & ALCO Others NII 3Q26 Net interest income evolution Net interest income improved in the quarter, supported by the repricing of assets 15 Quarterly evolution of net interest income(€m) Deposits: Higher cost mainly explained by higher rates Lending: Improved contribution from repricing Liquidity & ALCO: Positive impact mainly from active management of the ALCO portfolio
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Fee income Fees continue to evolve toward higher value-added services, which now account for 55% of total fees 16 44% 55%49% Net fees (€m) Fee income breakdown(%) € million 3Q25 2Q26 3Q26 QoQ YoY 9M25 9M26 YoY Payments and accounts 62 56 51 -9.4% -18.4% 186 167 -10.1% Non-banking fees 69 78 77 -2.1% 11.6% 206 230 11.7% Mutual funds 40 43 45 3.7% 12.8% 113 131 15.7% Insurance 26 33 29 -9.8% 11.4% 85 91 7.9% Pension plans 3 3 3 -0.2% -3.9% 8 8 -3.3% Other fees 10 10 12 20.9% 22.9% 31 32 2.2% Fees paid (11) (12) (12) 0.2% 5.1% (31) (32) 3.3% Total Net Fees 130 133 128 -3.7% -1.4% 392 397 1.3% 46% 44% 37% 26% 30% 34% 18% 19% 21% 8% 7% 8% 3Q24 3Q25 3Q26 Payments and accounts Funds & pension plans Insurance Other Highly engaged customers in 3Q26 (1) +7p.p. in last 2 years 41% (1) Customers in grade 4 (high level of engagement) 22.4% 53.2% 4Q25 3Q26 % of customers benefited from loyalty plans
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Other income Other income improving owing to lower real estate costs and higher contribution from affiliates 17 Other income breakdown(€m) € million 3Q25 2Q26 3Q26 QoQ(%) YoY(%) 9M25 9M26 YoY(%) Dividends 4 17 4 -77.1% -7.1% 16 22 34.3% Associates 19 42 21 -48.8% 13.9% 79 82 3.4% Trading income 1 1 1 -24.9% -36.8% 9 3 -65.0% Other revenues/(expenses) -14 -10 -5 55.1% 66.5% -41 -25 37.6% Total 11 50 22 -56.6% 100.7% 64 82 27.2%
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Operating expenses Operating expenses increased as a result of the investments made under the strategic plan 18 +5% YoY Operating expenses (€m) Cost to income ratio 9M26 46% As part of the strategic plan, we continue investing in workforce renewal, talent acquisition, and improvements in processes and branch network 431 442 212 232 69 72 711 746 9M25 9M26 Personnel expenses Administrative expenses D&A
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Cost of risk and other provisions Cost of risk of 19 bps in 3Q (annualized); total provisions down 20% YoY 19 24 bps 27 bps 20 bps 18 bps 19 bps Quarterly cost of risk(1) -20% YoY (1) Quarterly annualized cost of risk over gross loans at period end Loan loss provisions and credit cost of risk(1) (€m) Total provisions evolution (€m) 28 32 25 23 24 3Q25 4Q25 1Q26 2Q26 3Q26 69 59 92 72 (6) (8) 155 124 9M25 9M26 Other provisions Loan loss provision Other profits or losses
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2.38 2.43 0.19 2.38 2.62 3Q25 3Q26 TBVps (€) DPS 451 503 543 9M24 9M25 9M26 Profitability The 8.1% improvement in net profit in 9M26 together with the high dividend enabled by a robust capital position generate high value for shareholders 20 Return on capital evolution (1,2,3)(%) +10% Net profit(€m) TBV + div. per share(4) +8% vs 9M25 +20% vs 9M24 Return on capital (1,2,3)(%) 6.8% 9.8% 10.3% 7.9% 12.0% 12.2%11.1% 16.5% 16.6% 3Q24 3Q25 3Q26 RoTE Adjusted RoTE Adjusted RoCET1 (1) ROTE calculated with net income for the last 12 months, deducting the AT1 coupon. (2) Adjusted ROTE assumes a CET1 phased-in of 12.5% as a minimum reference level and deduct AT1 coupons (3) RoCET is calculated as net income for the last 12 months (deducting the AT1 coupon) over 12.5% of RWA as of 3Q26. (4) Tangible book value includes €0,10656 of the 2025 final dividend paid in April 2026 and 2026 first interim dividend of 0,0844 paid in September 2026. 16.6% 10.3% 1.8% 4.5% ROTE Excess capital Deductions ROCET @12,5%
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1 Key Highlights 2 3Q26 results: • Business activity • Financial results • Asset quality • Solvency and liquidity 3 21 Guidance and Final remarks 4 Appendix I n d e x 3Q26
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715 501 471 1,079 935 921 1,794 1,436 1,392 3Q25 2Q26 3Q26 NPLs Foreclosed assets NPLs and NPAs NPL ratio at 1.8% and NPAs net at 0.5% with NPA coverage ratio at 83% and balances -22% YoY 22 2.2% 2.1% 2.0% 1.8% 1.8% NPL ratio 74% 77% 80% 83% 85% NPL coverage -15% YoY 3.7% 2.8% 2.7% Gross NPAs ratio 0.9% 0.5% 0.5% Net NPAs ratio(1) 75% 81% 83% Coverage (%) Non-performing loans (€m) Gross non-performing assets (NPAs) (€m, %) (1) NPA net of provisions -22% YoY 1,079 1,033 981 935 921 3Q25 4Q25 1Q26 2Q26 3Q26
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1 Key Highlights 2 3Q26 results: • Business activity • Financial results • Asset quality • Solvency and liquidity 3 23 Guidance and Final remarks 4 Appendix I n d e x 3Q26
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Solvency (I/II) CET1 down 28 bps in the quarter, reflecting a 95% payout ratio, RWA growth and fair value adjustments 24 CET1 quarterly evolution (%) 15.5% 0.56% 0.09% 0.15% 0.06% 15.8% 0.59% 2Q26 3Q26 Earnings Dividend & AT1 coupon Valuation adjustments RWAs Other 3Q26 • Organic generation from net income Positive impacts Negative impacts • Shareholder remuneration and AT1 coupon • Valuation adjustments • Organic RWA growth
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15.5% 1.8% 1.9% 4.8% 2.6% 26.6% 3Q26 SP SNP T2 AT 1 CET 1 Solvency (II/II) Comfortable capital position with ample buffers on regulatory requirements 25 €2.1bn 621 bps 13.0% 24.8% 24.0% Subordination Capital Structure – MREL(1) Capital levels and Regulatory Requirements CET1 buffer(4) MDA(5) buffer SREP Requirement (Total) (2) MREL Requirement (3) 71% 151% 239% Liquidity ratios Loan to deposit NSFR LCR (1) Regulatory capital structure (phased in), (2) The SREP requirement includes CCyB (50 bps), (3) Total Risk Exposure Amount (TREA) requirements, (4) Application of P2R flexibility (CRD IV), art. 104, (5) Maximum Distributable Amount (MDA) calculated as phased-in total capital less the SREP requirement 2.25% 2.15% 2.00% 1.90% 2024 2025 2026 2027 Pillar 2 requirement (%)
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Fixed-income portfolio Stable portfolio size, with improved yield while maintaining a conservative profile 26 2.6% 2.7% 2.8% 2.5 2.6 2.8 Duration (years) (1) End-of-period yield Yield evolution (1) 84% Amortized cost Fixed Income portfolio evolution(€bn) Fixed Income portfolio breakdown (%) 29 30 31 3Q25 2Q26 3Q26 82% 10% 8% Public debt Sareb Private debt
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1 Key Highlights 2 3Q26 results: • Business activity • Financial results • Asset quality • Solvency and liquidity 3 27 Guidance and Final remarks 4 Appendix I n d e x 3Q26
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28 2026 guidance Meeting guidance as of 9M26 (1) Includes performing loans, customer deposits and off -balance-sheet funds. (2) Forecasts and estimates are based on current information, but could change due to external factors such as economic, regulato ry or market conditions Net interest income >2025 Fees +LSD Costs +MSD Cost of risk <30 bps Net profit(2) >2025 Business volume(1) ~3% 2026 Initial guidance 2026 2Q26 Update +Low-Mid SD +LSD +MSD 20–25 bps +MSD ~3% 2026 9M26 actuals +3% +1% +5% 19 bps +8% +5%
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Final remarks 29 Strategic Plan 2025-2027 Business volumes Profitability Shareholder remuneration +5% +5% +8% +126% total expenses 9M26 YoY business volumes 3Q26 YoY net income 9M26 YoY interim dividends 2026 vs 2025
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1 Key Highlights 2 3Q26 results: • Business activity • Financial results • Asset quality • Solvency and liquidity 3 30 Guidance and Final remarks 4 Appendix I n d e x 3Q26
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Liquidity 31 Liquid assets (€m) 27,245 13,842 41,086 Net liquid assets Additional capacity to issue Total liquidity 20% over total assets
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Wholesale funding 32 Instrument 2026 2027 2028 >2028 Total AT1 120 - - 500 620 Tier 2 - 300 - 300 600 Senior non-preferred - 300 - 1,200 1,500 Senior preferred - - 800 - 800 Covered bonds - 1,110 - 2,830 3,940 Total 120 1,710 800 4,830 7,460 (1) SNP, SP, T2 and AT1 refer to the date of the call. Wholesale funding: breakdown and maturity (1) (2) Excludes €47 million of PeCocos Maturities breakdown (1,2) 120 1,710 800 4,830 4.9% 4.2% 4.6% 3.5% -7.0% -5.0% -3.0% -1.0% 1.0% 3.0% 5.0% 7.0% (1,000) 1,000 3,000 5,000 7,000 9,000 11,000 2026 2027 2028 >2028 Maturities (€m) Cost of maturities
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Ratings 33 Moody's Fitch A2 A A3 A- Baa1 BBB+ Baa2 BBB Baa3 BBB- Ba1 BB+ Ba2 BB 2023 2024 2025 2026 ◼ ◼ ◼ + ◼ ◼ ◼ Moody's Rating Long-Term Deposits ◼ + -Outlook Stable Positive Negative Fitch's Long-Term Issuer Rating Long-term rating evolution Fitch A A- LT Deposits BBB+ SP BBB SNP BBB- T2 BB+ BB AT1 Current rating per instrument Long term BBB+ Short term F2 Outlook Stable Long-term deposits A3 Short-term deposits Prime-2 Outlook Positive Note: Information as of September 2026 Investment Grade +
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Non-performing loans 34 Loan portfolio (€m) 3Q25 2Q26 3Q26 Corporates (incl. RED) 3.9% 2.7% 2.5% Residential mortgages 2.1% 1.9% 1.9% Consumer & other 1.8% 1.4% 1.8% Total NPL Ratio 2.2% 1.8% 1.8% NPL structure (%) NPL ratio by segment (%) 29% 2% 61% 7% Corporate Loans RE Developers Residential mortgages Other individuals
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Breakdown of NPLs and stages 35 September 2026 (€m) Stage 1 Stage 2 Stage 3 Gross balance 47,497 1,874 921 Coverage 250 125 403 Coverage level (%) 0.5% 6.7% 43.8% Credit breakdown by stages
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Foreclosed assets 36 Evolution of foreclosed assets(€m) Breakdown of foreclosed assets (€m) 471 143 607 7 4Q25 Entries Exits 3Q26 Foreclosed assets (€m) Gross Debt NBV Coverage (%) Residential 135 51 63% Building under construction 25 1 97% Commercial RE 58 21 63% Land 253 29 89% Total 471 101 79%
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Share and book value 37 Share and liquidity: 3Q25 2Q26 3Q26 # O/S shares (m) 2,571 2,571 2,571 Last price (€) 2.33 3.12 3.54 Max price (€) 2.45 3.19 3.67 Min price (€) 1.98 2.57 3.16 Avg. daily traded volume (#shares m) 6.89 5.31 3.82 Avg. daily traded volume (€m) 15.05 14.98 13.26 Market Capitalization (€m) 5,991 8,018 9,098 Book Value: BV(1) exc. minorities (€m) 6,272 6,459 6,416 TBV(2) (€m) 6,121 6,292 6,242 Ratios: BVps (€) 2.44 2.51 2.50 TBVps (€) 2.38 2.45 2.43 PBV 0.96x 1.24x 1.42x PTBV 0.98x 1.27x 1.46x (1) Book value excludes €168 million of AT1 and accumulated other comprehensive income (2) Tangible book value excludes €55 million of goodwill from associates.
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Income statement 38 € million 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 QoQ (%) YoY (%) Net interest income 384 381 369 374 375 378 373 382 395 3.5% 5.5% Dividends 5 1 1 12 4 6 1 17 4 -77.1% -7.1% Equity-accounted income 15 13 22 39 19 14 19 42 21 -48.8% 13.9% Net fees 125 131 132 130 130 135 136 133 128 -3.8% -1.5% Trading income 4 5 4 4 1 3 1 1 1 -24.9% -36.8% Other operating income and expenses (19) (10) (12) (15) (14) (14) (11) (10) (5) 55.1% 66.5% Gross income 514 521 515 543 515 521 520 564 544 -3.5% 5.7% Administrative expenses and depreciation (228) (230) (235) (237) (239) (243) (245) (249) (251) -0.9% -5.0% Personnel expenses (138) (143) (142) (144) (145) (143) (145) (148) (149) -0.7% -2.4% General expenses (68) (65) (71) (70) (71) (76) (77) (77) (78) -1.1% -10.1% Depreciation (22) (22) (22) (23) (23) (24) (23) (24) (24) -2.3% -5.5% Operating income 286 291 280 306 276 278 275 315 293 -7.1% 6.4% Financial asset impairments (27) (24) (32) (32) (28) (32) (25) (23) (24) -5.5% 15.2% Other provisions (34) (96) (22) (24) (23) (51) (20) (22) (17) 24.6% 26.0% o/w restructuring expenses - (38) - - - (27) - - - n/a n/a Other impairments / reversal (3) (8) 0 (2) 7 (1) 2 4 1 -69.5% -82.4% Profit before tax 222 163 227 249 232 194 232 274 253 -7.6% 9.4% Taxes (65) (41) (69) (69) (67) (63) (71) (73) (71) 2.5% -7.1% Minorities 0 0 0 0 (0) 1 0 0 0 -30.1% - Attributable net income 157 122 158 179 165 130 161 201 182 -9.5% 10.1%
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Balance sheet 39 € million 30/09/2025 31/12/2025 31/03/2026 30/06/2026 30/09/2026 Cash and cash balances at central banks 5,792 5,761 5,693 4,173 1,876 Financial assets held for trading and at P&L 285 1,033 1,079 899 1,323 Financial assets at fair value through other comprehensive income 5,015 4,593 4,999 5,235 5,709 Loans and advances at amortized cost 51,566 54,607 54,205 56,020 55,877 Loans and advances to central banks and credit inst, 3,101 6,055 5,423 4,842 4,947 Loans and advances to customers 48,465 48,552 48,782 51,178 50,930 Debt securities at amortized cost 24,379 23,882 24,604 24,368 24,106 Derivatives and hedges 1,273 1,527 1,416 1,327 1,988 Investments in joint ventures and associates 935 853 929 963 1,004 Tangible assets 1,534 1,524 1,504 1,489 1,477 Intangible assets 96 105 100 112 119 Tax assets 4,296 4,261 4,298 4,202 4,339 Other assets and NCAHFS 355 278 260 369 43 Total assets 95,527 98,428 99,087 99,158 97,860 Financial liabilities held for trading and at P&L 163 515 554 197 670 Financial liabilities at amortized cost 85,734 88,210 88,573 89,338 87,701 Deposits from credit institutions 4,063 6,114 4,989 4,454 4,768 Customer deposits 74,603 75,430 76,929 76,264 75,395 Debt securities issued 4,620 3,950 3,936 4,674 4,546 Other financial liabilities 2,447 2,715 2,719 3,945 2,993 Derivatives and hedges 523 554 956 858 1,404 Provisions 757 742 718 696 671 Tax liabilities 446 382 385 429 430 Other liabilities 924 935 857 867 632 Total liabilities 88,546 91,337 92,042 92,384 91,509 Own funds 6,820 6,937 7,090 6,627 6,584 Accumulated other comprehensive income 144 136 (63) 130 (250) Minority interests 17 17 18 17 18 Total equity 6,980 7,091 7,045 6,775 6,352 Total equity (excl, AT1) 6,433 6,543 6,498 6,607 6,184 Total liabilities and equity 95,527 98,428 99,087 99,158 97,860
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Legal disclaimer 40 This presentation (the Presentation) has been prepared by Unicaja Banco, S.A. (the Company or Unicaja Banco) for information purposes only. The recipient of this information must conduct its own analysis of the Company. The information provided in this presentation may not be valued or considered as a substitute for the recipient’s own independent assessment in relation to the Company’s operations, financial condition and prospects. The information contained in this Presentation is not intended to be complete or to contain all the information that a potential purchaser of the Company’s securities may want or require when deciding whether or not to acquire such securities and, unless expressly stated otherwise, has not been verified by the Company or any other person. The information contained in this Presentation may be amended at any time without prior notice and should not be relied upon for any purpose. Neither the Company nor any of its subsidiaries, advisers or agents makes or gives any representation or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of any information contained in this document, nor should it be taken for granted as a result. Neither Unicaja Banco nor any of its subsidiaries, advisers or agents accepts any liability on the basis of this document, for the information contained or referred to herein, or for any errors or omissions. Neither the Company nor any of its subsidiaries, advisers or agents undertakes any obligation to provide recipients of this Presentation with access to additional information or to update this document or correct inaccuracies in the information contained or referred to in the Presentation. Unicaja Banco notes that this Presentation may contain statements about forecasts and estimates relating to the business, financial condition, operations, strategy, plans and objectives of Unicaja Banco and its subsidiaries. Although these forecasts and estimates represent Unicaja Banco’s current view of its future business development expectations, certain risks, uncertainties and other relevant factors could cause results to differ substantially from those expected by Unicaja Banco and its subsidiaries. These factors include, but are not limited to: (1) market conditions, macroeconomic factors, government, policy and regulatory trends; (2) movements in domestic and international stock markets, exchange rates and interest rates; (3) competitive pressures; (4) technological developments; and (5) changes in the financial position or solvency of its customers, debtors and counterparties. These and other risk factors described in past or future reports and documents of Unicaja Banco, including those filed with the Spanish National Securities Market Commission (CNMV) and available to the public both on Unicaja Banco’s investor website https://www.unicajabanco.com/es/inversores-y-accionistas/informacion-economico-financiera/informes- financieros) and on the CNMV website (https://www.cnmv.es), as well as other currently unknown or unforeseeable risk factors that may be beyond Unicaja Banco’s control, may adversely affect its business and financial condition and cause results to differ materially from those described in the forecasts and estimates. Market data and competitive position information included in the Presentation have generally been obtained from industry publications and surveys or studies conducted by third parties. Information about other entities has been taken from reports published by those entities. There are limitations regarding the availability, accuracy, completeness and comparability of such information. Unicaja Banco has not independently verified such information and cannot guarantee its accuracy or completeness. In addition, certain statements included in the Presentation regarding Unicaja Banco’s market and competitive position are based on Unicaja Banco’s internal analyses, which involve certain assumptions and estimates. These internal analyses have not been verified by any independent source and there can be no assurance that such estimates or assumptions are correct. Accordingly, undue reliance should not be placed on industry, market or competitive position data relating to Unicaja Banco contained in this Presentation. This Presentation includes accounts and estimates issued by management that may not have been audited by the Company’s auditors. It also includes certain Alternative Performance Measures (MARs) as defined in the Guidelines on Alternative Performance Measures published by the European Securities and Markets Authority on 5 October 2015 (ESMA/2015/1415) and prepared from the financial information of Unicaja Banco and its subsidiaries, but which are not defined or detailed in the applicable financial reporting framework and therefore have not been audited and cannot be fully audited. These MARs are used with the objective of contributing to a better understanding of the financial performance of Unicaja Banco and its subsidiaries, but should be considered additional information and in no case replace financial information prepared under International Financial Reporting Standards (IFRS). In addition, the way in which Unicaja Banco defines and calculates these MARs may differ from that used by other entities that employ similar measures and therefore may not be comparable with them. For a more detailed explanation of the MARs used, including their definition or reconciliation between the applicable management indicators and the items presented in the consolidated financial statements prepared in accordance with IFRS, please consult past or future Unicaja Banco documents filed with the CNMV and available to the public both on Unicaja Banco’s investor website (https://www.unicajabanco.com/es/inversores-y-accionistas/informacion-economico-financiera/informes-financieros) and on the CNMV website (https://www.cnmv.es). In any case, the financial information included in this Presentation has not been reviewed for accuracy or completeness and therefore undue reliance should not be placed on such financial information or on the MARs. This Presentation may not be brought into, transmitted, disclosed, disseminated, sent, published or distributed in the United States, Canada, Australia or Japan. Distribution of this Presentation in other jurisdictions may also be restricted by law and persons into whose possession this Presentation comes must inform themselves about and observe such restrictions. The Company’s securities have not been, and in the event of an offering will not be, registered under the U.S. Securities Act of 1933 (United States Securities Act of 1933 or Securities Act) or the U.S. Investment Company Act of 1940, as amended (United States Investment Company Act of 1940 or Investment Company Act) and may not be offered or sold in the United States except, in any case and on a limited basis, to Qualified Institutional Buyers (Qualified Institutional Buyers) (as defined in Rule 144A under the U.S. Securities Act) pursuant to Rule 144A or another exemption from, or transaction not subject to, the registration requirements of the U.S. Securities Act. The Company’s securities have not been, and in the event of an offering will not be, registered under applicable securities laws in any state or jurisdiction of Canada or Japan and, subject to certain exceptions, may not be offered or sold within Canada or Japan or for the benefit of a national, resident or citizen of Canada or Japan. THIS PRESENTATION DOES NOT CONSTITUTE OR FORM PART OF AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY SECURITIES, NOR MAY IT OR ANY PART OF IT BE RELIED UPON IN CONNECTION WITH ANY CONTRACT OR COMMITMENT TO PURCHASE SHARES. ANY DECISION TO PURCHASE SHARES IN ANY OFFERING SHOULD BE MADE ON THE BASIS OF PUBLICLY AVAILABLE INFORMATION ABOUT THE COMPANY. By receiving or accessing this Presentation, you accept and agree to be bound by the terms, conditions and restrictions set out above. All data prior to the legal merger are pro forma for the two entities on an aggregated basis.
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