Interim report
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This report is a translation of the original Finnish verion "Oma Säästöpankki Oyj- konsernin osavuosikatsaus 1.1.-30.9.2026". If discrepancies occur, the FInnish version is dominant.
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2 Oma Savings Bank Group´s Interim Report January – September 20 26 On 9 July 2026, S-Bank Plc announced a voluntary recommended public cash tender offer for all shares in Oma Savings Bank Plc. S-Bank’s tender offer was completed on 7 October 2026, since when Oma Savings Bank has been operating as a subsidiary of S-Bank. In the third quarter, the Company continued working in line with the strategy to create an even stronger and more sustainable bank while focusing on advancing the measures related to the tender offer. • For January–September, profit before taxes was EUR 28.8 (37.2) million. Comparable profit before taxes for January– September was EUR 33.2 (39.7) million. • For the third quarter of the year, profit before taxes was EUR 6.6 (15.5) million and comparable profit before taxes was EUR 9.5 (16.1) million. • The Company updated outlook for the financial year and issued a negative profit warning in September. According to the updated guidance, the Group's comparable profit before taxes will decrease significantly compared to the comparison period. • On 9 July 2026, S-Bank Plc announced a voluntary recommended public cash tender offer for all issued and outstanding shares in Oma Savings Bank Plc. On 28 September 2026, S-Bank announced that the tender offer has been validly withdrawn with approximately 96.78% of all outstanding shares and votes. On 30 September 2026, S-Bank announced that it will complete the tender offer and commence the subsequent offer period. For more information on the tender offer, see page 20. • The Company’s total capital (TC) ratio strengthened further and was 19.6 (19.3)% at the end of September. • During January–September, net interest income decreased by 16.3% compared to the comparison period. As a result of the decline in the loan portfolio, net interest income decreased compared to the comparison period by 6.4% in the third quarter. • Mortgage portfolio decreased by 2.2% during the previous 12 months. Business customers’ loan portfolio decreased by 8.5% during the previous 12 months. • The amount of loans granted in January-September increased by 39.3% compared to the comparison period and was EUR 679.5 (487.7) million. The amount of loans granted during the third quarter decreased by 6.7% compared to the previous quarter. • The deposit portfolio decreased during the previous 12 months by 4.1%. • In January–September, fee and commission income and expenses (net) increased by 5.3% compared to the
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3 comparison period and was EUR 39.3 (37.3) million. In the third quarter, fee and commission income and expenses (net) increased by 2.0% and were in total EUR 12.7 (12.5) million. Commission income from fund savings, card and payment transactions as well as from loan protection insurances increased from the comparison period. • In January–September, total operating income decreased by 11.0% compared to the comparison period. Total operating income decreased by 3.8% in the third quarter. During the third quarter, comparable total operating income decreased by 4.5 % and were EUR 50.8 (53.2) million. • In January-September, total operating expenses increased by 3.1% compared to the comparison period. Personnel expenses increased by 9.6% compared to the previous year. In the third quarter, total operating expenses increased by 11.2% compared to the comparison period. Personnel expenses increased by 5.8% in the third quarter. The number of personnel at the end of the period was 625 (651). Comparable total operating expenses increased by 1.3% in the third quarter and were EUR 26.7 (26.3) million. • Impairment losses on financial assets decreased by 29.7% during January–September. In the third quarter, impairment losses on financial assets increased by 40.8% and were in total EUR -14.2 (-10.1) million. • In January–September, comparable cost/income ratio was 59.0 (52.3)%. In the third quarter, comparable cost/income ratio was 52.9 (50.1)%. • In January–September, comparable return on equity (ROE) was 5.6 (7.1)%, and in the third quarter 4.8 (8.5)%.
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4 Outlook for financial year 2026 (updated 29 September 2026) The business outlook for OmaSp for the financial year 2026 is influenced by overall uncertainty, demand for housing loans, and the continued low investment appetite among SMEs. These factors negatively affect the loan portfolio, and net interest income decreases compared with the previous financial year. In line with its strategy, the Company is focusing on diversified earnings generation and growth in fee income. Due to changes in the operating environment, fee and commission income is, however, estimated to grow more slowly than anticipated. While the growth in the Company's cost base has slowed down compared with the previous financial year, the tender offer process is resulting in unforeseen expenses. The Company estimates that impairment losses on financial assets will remain below the level of the previous financial year, but non-performing loans are declining more slowly than anticipated and are having a more negative impact on the development of impairment losses than previously estimated. Oma Savings Bank Plc provides earnings guidance for comparable profit before taxes for 2026. The earnings guidance is based on the forecast for the entire year, which takes into account the current market and business situation. The forecast is based on the management’s assessment of the Group’s business development. We estimate that the Group’s comparable profit before taxes for the financial year 2026 will decrease significantly compared with the previous financial year (comparable profit before taxes was EUR 56.9 million in the financial year 2025). The Group's key figures (1,000 euros) 1-9/2026 1-9/2025 Δ % 1-12/2025 2026 Q3 2025 Q3 Δ % Net interest income 109,749 131,119 -16% 168,637 37,652 40,223 -6% Fee and commission income and expenses, net 39,299 37,337 5% 50,651 12,736 12,483 2% Total operating income 153,483 172,493 -11% 221,408 51,064 53,079 -4% Total operating expenses -94,816 -91,939 3% -123,066 -29,842 -26,838 11% Impairment losses on financial assets, net -29,186 -41,525 -30% -47,111 -14,247 -10,116 41% Profit before taxes 28,764 37,246 -23% 49,248 6,645 15,524 -57% Cost/income ratio, % 62.1% 53.9% 15% 56.1% 58.8% 51.1% 15% ¹⁾ Balance sheet total 7,067,639 7,524,344 -6% 7,462,363 7,067,639 7,524,344 -6% Equity 626,916 605,224 4% 618,829 626,916 605,224 4% ¹⁾ Return on assets (ROA) % 0.4% 0.5% -19% 0.5% 0.3% 0.7% -56% Return on equity (ROE) % 4.9% 6.6% -26% 6.6% 3.3% 8.2% -59% Earnings per share (EPS), EUR 0.69 0.89 -23% 1.19 0.16 0.37 -58% Total capital (TC) ratio % 19.6% 19.2% 2% 19.3% 19.6% 19.2% 2% Common Equity Tier 1 (CET1) capital ratio % 19.0% 18.2% 4% 18.3% 19.0% 18.2% 4% Comparable profit before taxes 33,153 39,726 -17% 56,896 9,530 16,123 -41% Comparable cost/income ratio, % 59.0% 52.3% 13% 53.5% 52.9% 50.1% 6% Comparable return on equity (ROE) % 5.6% 7.1% -20% 7.6% 4.8% 8.5% -44% ¹⁾ The Company revised the official balance sheet formula during the first quarter of 2026. The changes are described in more detail in the note 2. The comparison periods have been retrospectively adjusted.
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5 CEO’s review On 9 July 2026, S-Bank Plc announced a voluntary recommended public cash tender offer for all shares in Oma Savings Bank Plc. S-Bank’s tender offer was completed on 7 October 2026, since when Oma Savings Bank has been operating as a subsidiary of S-Bank. During the third quarter, we continued to build an even stronger and more sustainable bank in line with our strategy, while our activities were focused on advancing measures related to the tender offer. Our result for July–September reflects this exceptional situation, with subdued sales performance and the quality of the legacy loan portfolio. However, the Company’s financial position is strong, and its capital adequacy strengthened further. Result impacted by subdued new lending, higher costs and impairment losses The comparable profit before tax for the third quarter was EUR 9.5 million (EUR 16.1 million). The comparable return on equity was 4.8% (8.5%). Comparable operating income decreased by 4.5% year on year to EUR 50.8 million (EUR 53.2 million). The decline in net interest income resulting from the contraction of the loan portfolio has levelled off. In Q3, net interest income decreased by 6.4% to EUR 37.7 million (EUR 40.2 million). Interest income amounted to EUR 62.0 million (EUR 61.5 million). During the reporting period, the average margin on the loan portfolio remained virtually unchanged. Comparable operating expenses increased by 1.3% in the third quarter to stand at EUR 26.7 million (EUR 26.3 million). The comparable cost-to-income ratio was 52.9% (50.1%). On 29 September 2026, we updated our business outlook, issuing a negative profit warning. We expect the Group’s comparable profit before tax to decrease significantly year on year, reflecting uncertainty regarding new lending, cost developments and impairment losses. Impairment losses remain elevated The slow recovery of the Finnish economy, particularly in the property market, was reflected in increases in non-performing exposures and expected credit losses. The increase in non- performing exposures was concentrated mainly in the SME customer segment, particularly the real estate sector. Debt recovery processes continued to take a long time, primarily due to prolonged realisation periods for real estate collateral. At the end of September, non-performing exposures amounted to EUR 551 million (EUR 525 million), representing 9.5% (8.9%) of the loan portfolio. Impairment losses on financial assets increased by 40.8% in the third quarter to EUR -14.2 million (EUR -10.1 million).
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6 Continued growth in fee and commission income In line with our strategy, we increased our net fee and commission income by 2.0% in the third quarter to EUR 12.7 million (EUR 12.5 million). Fee and commission income from fund savings, card and payment services, and loan protection products increased compared with the corresponding period. By contrast, the volume of loans granted during the third quarter decreased by 6.7% compared with the previous quarter due to weakness in new lending resulting from the tender offer process. The mortgage loan portfolio decreased by 2.2% over the preceding 12 months, and the SME loan portfolio fell by 8.5% in the same period. The deposit portfolio decreased by 4.1% over the preceding 12 months. S-Bank’s public tender offer for OmaSp shares was completed on 7 October On 9 July 2026, S-Bank Plc announced a voluntary recommended public cash tender offer for all issued and outstanding shares in Oma Savings Bank Plc. S-Bank’s takeover was completed on 7 October 2026, and Oma Savings Bank has been operating as a subsidiary of S- Bank since that date. The Board of Directors of OmaSp has convened an Extraordinary General Meeting to be held on 5 November 2026. The completion of the takeover will have no significant immediate impact on OmaSp’s business operations or operating locations. Through determined work, we have built a strong OmaSp In recent years, we at OmaSp have worked hard to systematically implement significant changes, and we have considerably improved our operational efficiency. Our strategy, updated in January, guides our work towards building an even stronger and more sustainable bank. Our improved capital adequacy is evidence of this progress. At the end of September, the total capital ratio stood at 19.6% (19.3%). In early October, S&P Global Ratings also upgraded our long- term issuer credit rating to BBB+ and revised our long-term outlook to stable. S&P considers OmaSp a strongly strategic subsidiary of S-Bank and expects us to benefit significantly from being part of a larger concern. I believe that, as part of S-Bank, OmaSp is on a path towards even stronger and more sustainable performance. I am extremely proud of how our skilled employees have contributed to the Company’s success through seamless collaboration, building a sustainable foundation for the future. I leave behind a strong company ready for the next phase in its development. We have achieved this transformation together, and I would like to extend my warmest thanks to our employees for their commitment and valuable work for OmaSp. It has been an honour to lead this team. I would also like to offer our customers my sincere thanks for placing their trust in us. Our mission is to serve our customers with expertise and responsibility. Karri Alameri CEO
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7 Content Operating environment 8 Results and Balance sheet 10 Group's key figures 18 Significant events during the period 22 Strategy and financial targets 25 Significant events after the period 26 Outlook for 2026 27 Capital adequacy 28 Tables and notes 30 Auditor’s report 86
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Interim Report 30 September 2026 8 Operating environment According to the Bank of Finland’s forecast, growth in the Finnish economy has gathered pace, driven by exports and investment, and growth is projected to continue at a brisker rate compared with earlier years. Inflation will be pushed up temporarily by energy prices, but the extent of this impact will depend on the duration of energy supply disruptions. (1 The year-on-year change in consumer prices calculated by Statistics Finland was 2.5% in September. Compared with one year ago, inflation was particularly boosted by increases in the prices of fuel and heating oil, while lower prices of electricity and owner-occupied flats curbed the rise. (2 The Middle East conflict is estimated to maintain inflationary pressures, which is why inflation is expected to remain higher than the target level for longer. The Governing Council of the European Central Bank (ECB) is committed to ensuring, through its monetary policy, that inflation stabilises in the medium term at the level of the ECB's 2% target. In September, the ECB raised all three key interest rates by 0.25 percentage points. (3 During January-September, the 12- month Euribor rate increased by about 1.1 percentage points. (4 The performance of the Finnish economy in the first part of the year was stronger than previously forecast, and growth has been supported especially by exports and private investment. With the strengthening of economic growth, unemployment is expected to gradually decline. However, the growth outlook is overshadowed by the uncertainty surrounding energy prices that have risen as a result of the conflict in the Middle East. According to the Bank of Finland's September interim forecast, the Finnish economy will grow by 1.7% in 2026, after which economic growth is estimated to slow to 1.6% in 2027 and 1.3% in 2028. (1 According to Statistics Finland, households’ saving remained on a higher level than usual in the second quarter of 2026, and seasonally adjusted saving rate was 4%. The prolonged decline in the indebtedness ratio on households seems to have evened out. In the second quarter, households’ indebtedness ratio was 108%, on the same level as in the first quarter. (5 According to Statistics Finland, the number of employed people aged 15 to 74 was 11,000 lower and the number of unemployed persons was 39,000 higher in September than one year ago. In September, the employment rate was 75.1% (20 to 64 years) and the unemployment rate was 10.4% (15 to 74 years). (6 According to Statistics Finland's preliminary data, the prices of old dwellings in housing companies decreased by 3.3% in the whole country in August compared to the previous year. In August, prices of old dwellings in housing companies decreased by 2.9% in the six largest towns and in the rest of Finland, by 3.8% compared to last year. At the same time, 8.5% less sales of old dwellings in blocks of flats and terraced houses were made through real estate agents than one year earlier. (7 In August, new drawdowns on housing loans amounted to EUR 1.1 billion, which is EUR 20 million more than in the same period a year earlier. At the same time, new corporate loans were drawn down by EUR 1.8 billion. The average interest rate on new housing loans was 3.35% in August. The annual growth rate of loans to households strengthened by 0.2% year-on-year. The corporate loan stock increased by 5.4% during the same period. Households’ deposit stock grew by a total of 2.0% over a 12-month period. (8 According to Statistics Finland, number of petitions for restructuring of debts increased in January to September by 17.1% compared to the previous year. (9 The 12-month moving annual change in instigated bankruptcy proceedings was 8.0% in September 2026. (10 In August 2026, the cubic volume of building permits granted for new buildings grew by 19.0% compared to one year ago. Between September 2025 and August 2026, 37 million cubic metres of building permits were granted. During the same period, 26 million cubic metres of construction projects were completed, which was 16.0% less than one year earlier. (11 1) Bank of Finland, Positive track in Finland’s economy will continue. Published on 15 September 2026. 2) Statistics Finland, Inflation 2.5 per cent in September 2026. Published on 14 October 2026. 3) Bank of Finland, European Central Bank’s monetary policy decisions. Published on 10 September 2026. 4) Bank of Finland, Euribor interest rates. Published on 1 October 2026. 5) Statistics Finland, Households’ saving rate positive in the second quarter of 2026. Published on 18 September 2026.
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Interim Report 30 September 2026 9 6) Statistics Finland, Fewer employed persons and more unemployed persons in September 2026 compared to one year ago. Published on 20 October 2026. 7) Statistics Finland, Prices of old dwellings in housing companies decreased by 3.3 per cent year-on-year in August 2026. Published on 29 September 2026. 8) Bank of Finland, MFI balance sheet (loans and deposits) and interest rates. Growth rate of the corporate loan stock accelerated in summer 2026. Published on 28 September 2026. 9) Statistics Finland, Number of petitions for restructuring of debts increased by 17.1 per cent in January to September 2026 from the previous year. Published on 14 October 2026. 10) Statistics Finland, Altogether 344 bankruptcies were instigated in September 2026. Published on 20 October 2026. 11) Statistics Finland, Cubic volume of granted building permits increased by 19 per cent in August 2026 from one year back. Published on 20 October 2026.
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Interim Report 30 September 2026 10 Result s and balance sheet For income statement items, the comparison period is last year’s corresponding period, for balance sheet and capital adequacy the comparison date is 31 December 2025. Result 7–9 / 2026 For the third quarter, the Group’s profit before taxes was EUR 6.6 (15.5) million and the profit was EUR 5.2 (12.3) million. The cost/income ratio was 58.8 (51.1)%. Comparable profit before taxes amounted to EUR 9.5 (16.1) million in the third quarter and comparable cost/income ratio was 52.9 (50.1)%. The comparable profit has been adjusted for the net income on financial assets and liabilities as well as costs incurred in the investigation of non-compliance with the guidelines and costs related to the tender offer. Income Total operating income was EUR 51.1 (53.1) million. Total operating income decreased by 3.8% compared to the comparable period. Comparable operating income was EUR 50.8 (53.2) million, a decrease of 4.5% compared to the previous year. Net income on financial assets and liabilities of EUR -0.3 million has been adjusted from the operating income as an item affecting comparability. Net interest income decreased by 6.4% compared to the comparison period, totalling EUR 37.7 (40.2) million. During the third quarter, interest income was EUR 62.0 (61.5) million. During the reporting period, the average margin of the loan portfolio has remained almost unchanged. Interest expenses increased by 14.2%, totalling EUR 24.3 (21.3) million during the third quarter. The development of interest expenses was mainly affected by interest rates on bonds issued and the impact of interest rate hedges. At the end of the period, the average interest on deposits paid to the Company’s customers was 0.79 (0.71)%. Fee and commission income and expenses (net) increased in the third quarter by 2.0% and was EUR 12.7 (12.5) million. Net fee and commission income from cards and payment transactions increased by 5.5% compared to the comparison period and was EUR 9.3 (8.8) million. Fund commissions increased by 13.4% compared to the comparison period and were EUR 2.3 (2.0) million. The amount of commission income from lending was EUR 2.0 (2.3) million, a decrease of 11.6% compared to the previous year. Total amount of fee and commission income was EUR 15.3 (14.8) million. Net income on financial assets and liabilities was EUR 0.3 million (-0.1) during the period. Other operating income was EUR 0.4 (0.5) million. Operating income 37.7 M€ 12.7 M€ 0.3 M€ 0.4 M€ 2026 Q3 51.1 EUR mill. 40.2 M€ 12.5 M€ 0.5 M€ Net interest income Fee and commission income and expenses, net Net income on financial assets and financial liabilities Other operating income 2025 Q3 53.1 EUR mill.
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Interim Report 30 September 2026 11 Expenses Operating expenses were in total EUR 29.8 (26.8) million and they increased by 11.2% compared to the previous year’s corresponding period. In the comparison period, costs related to risk management development measures and measures taken based on observations given by the supervisor were recorded at EUR 1.7 million. Comparable operating expenses increased by 1.3 % and were EUR 26.7 (26.3) million. A total of EUR 2.6 million of items affecting comparability related to the tender offer were recorded for the reporting period. During the comparison period, a total of EUR 0.5 million was recorded for the work related to the controlled winding-down measures. Personnel expenses increased by 5.8% and were EUR 10.4 (9.8) million. At the end of the period, the number of employees was 625 (651), of which 48 (60) worked under fixed-term contract. Other operating expenses increased by 12.6% and were EUR 16.7 (14.8) million. The item includes external expert fees, office, PR and marketing costs and expenses stemming from the business premises in own use. Expenses for the reporting period included a total of EUR 2.6 million related to the tender offer. Depreciation, amortisation and impairments on tangible and intangible assets were EUR 2.7 (2.1) million. Impairment losses on financial assets During the third quarter impairment losses on financial assets increased and were in total EUR -14.2 million. In the comparison period, impairment losses on financial assets amounted to EUR -10.1 million. During the reporting period, the level of impairment losses was particularly affected by an increase in default expectations, the management’s discretionary adjustments to individual agreements and the increase in the number of defaulted exposures. During the third quarter, impairment losses on the controlled winding- down portfolio were EUR 1.6 million and on another credit portfolio, EUR 12.6 million. The development of impairment losses in the comparison period was affected by provisions made in the controlled winding-down portfolio, of which a total of EUR 5.1 million was recorded. During the third quarter, expected credit losses (ECL) amounted to EUR 12.5 (9.2) million. The entries were allocated to receivables from customers and off-balance sheet items. The net amount of incurred credit losses increased compared with the comparison period and was EUR 1.8 (0.9) million in the third quarter. Operating expenses 10.4 M€ 14.1 M€ 2,6 M€ 2.7 M€ 2026 Q3 29.8 EUR mill. 9.8 M€ 14.8 M€ 2.1 M€ Personnel expenses Other operating expenses excl. expenses of tender offer Expenses related to tender offer Depreciations, impairments 2025 Q3 26.8 EUR mill.
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Interim Report 30 September 2026 12 Result 1–9 / 2026 The Group’s profit before taxes was EUR 28.8 (37.2) million in January–September and the profit for the period was EUR 22.8 (29.4) million. The cost/income ratio was 62.1 (53.9)%. Comparable profit before taxes amounted to EUR 33.2 (39.7) million for January–September and comparable cost/income ratio was 59.0 (52.3)%. Comparable profit before taxes has been adjusted for the net income on financial assets and liabilities as well as expenses incurred in investigating non- compliance with the guidelines and costs related to tender offer. Income Total operating income was EUR 153.5 (172.5) million. Total operating income decreased 11.0% compared to the comparison year. Comparable total operating income was EUR 152.9 (172.1) million and the decrease was 11.1% compared to the previous year. During the reporting period, net income on financial assets and liabilities of EUR 0.6 (0.4) million has been adjusted from operating income as an item affecting comparability. Net interest income decreased 16.3%, totalling EUR 109.7 (131.1) million. Interest income for the reporting period decreased by 13.0% and was EUR 178.2 (204.9) million. The development of interest income during the reporting period was mainly affected by changes in market interest rates during the period and a decrease in the loan portfolio. Over the period, the average margin on the loan portfolio remained almost unchanged. Interest expenses decreased compared to the previous year 7.3% and were EUR 68.4 (73.8) million. Compared to the comparison period, interest expenses were mainly reduced by lower interest expenses on the deposit portfolio due to lower market interest rates in the early part of the year, as well as the impact of interest rate hedges. The average interest on deposits paid to the Company’s customers was 0.73 (0.77)% at the end of the period. Fee and commission income and expenses (net) increased by 5.3% during the reporting period and was EUR 39.3 (37.3) million. The total amount of fee and commission income was EUR 46.7 (44.4) million. Net fee and commission income from cards and payment transactions increased by 7.4% compared to the comparison period and were in total EUR 28.5 (26.6) million. Fund commissions increased by 9.7% year-on-year and were EUR 6.6 (6.0) million. The amount of commission income on lending decreased by 7.9% compared to the comparison period and was EUR 6.4 (6.9) million. Net income on financial assets and liabilities was EUR 0.6 (0.4) million during the reporting period. Other operating income increased by 7.1% and was EUR 3.9 (3.6) million. Other operating income includes a deposit guarantee fee of EUR 0.7 (0.6) million recorded during the reporting period as well as a positive change in fair value of EUR 2.2 (2.2) million from the revaluation of joint debts recorded in connection with the business acquisitions of Eurajoen Savings Bank and Liedon Savings Bank. Operating income 109.7 M€ 39.3 M€ 0.6 M€ 3.9 M€ 1-9/2026 153.5 EUR mill. 131.1 M€ 37.3 M€ 0.4 M€ 3.6 M€ Net interest income Fee and commission income and expenses, net Net income on financial assets and financial liabilities Other operating income 1-9/2025 172.5 EUR mill.
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Interim Report 30 September 2026 13 Expenses Operating expenses increased by 3.1% and were in total EUR 94.8 (91.9) million. A total of EUR 2.8 million expenses related to the tender offer were recorded for the reporting period. In the comparison period, the share of risk management development measures and operational costs of observations given by the supervisor, as well as the costs of the “Noste” development project, totalled EUR 7.6 million. Comparable operating expenses were EUR 89.9 (89.0) million. Personnel expenses increased 9.6%, totalling EUR 34.3 (31.3) million. The number of employees at the end of the period was 625 (651), of which 48 (60) were fixed-term. Other operating expenses decreased 2.6% to EUR 52.8 (54.3) million. The item includes authority fees, external expert fees, office, IT, PR and marketing costs and those stemming from the business premises in own use. During the reporting period, other operating expenses were increased by a penalty payment of EUR 0.4 million imposed by the Finnish Financial Supervisory Authority (FIN-FSA) due to failures related to maintaining insider lists and an expense provision of EUR 2.5 million related to the FIN-FSA’s possible sanctioning processes concerning credit risk management, governance and management system, and reporting of large customer exposures. In the comparison period, a total of EUR 10.4 million was recorded in expenses related to risk management development measures, measures taken based on the supervisor's observations, the work for controlled winding- down plan, and the ‘Noste' risk management action plan. In addition, EUR 3.0 million was recorded for the comparison period, a provision for possible sanctions imposed by the Finnish Financial Supervisory Authority due to deficiencies identified in the final inspection report on preventing money laundering and terrorist financing. A total of EUR 0.7 million was recorded in the deposit guarantee payment for the reporting period, which was covered by refunds from the old deposit guarantee fund. During the comparison period, a total of EUR 0.6 million of deposit guarantee payment was recorded. Depreciation, amortisation and impairments on tangible and intangible assets were EUR 7.7 (6.4) million. Impairment losses on financial assets Impairment losses of financial assets decreased compared to the comparison period and were EUR -29.2 million, while the impairment losses of financial assets recorded in the comparison period were EUR -41.5 million. During the reporting period, the level of impairment losses was particularly affected by the increase in the number of defaulted exposures, the update of the ECL calculation model implemented in the second quarter, and the increase in default expectations for defaulted agreements. In addition, impairment losses were affected by adjustments made to individual agreements based on the management's judgement. An update of the calculation model for expected credit losses (ECL) during the comparison period increased the amount of ECL by a total of approximately EUR 8.5 million. Furthermore, the amount of impairment losses during the comparison period was increased by an increase in the provisions related to the controlled winding-down portfolio totaling approximately EUR 12.7 million. Operating expenses 34.3 M€ 49.4 M€ 0.7 M€ 2.8 M€ 7.7 M€ 1-9/2026 94.8 EUR mill. 31.3 M€ 53.7 M€ 0.6 M€ 6.4 M€ Personnel expenses Other operating expenses excl. expenses related to authority fees and tender offer Authority fees Expenses related to tender offer Depreciations, impairments 1-9/2025 91.9 EUR mill.
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Interim Report 30 September 2026 14 During January-September, the amount of expected credit losses (ECL) decreased in relation to the comparison period and was EUR 26.2 million targeting receivables from customers and off-balance sheet items. The amount of expected credit losses in the comparison period was EUR 36.7 million. The net amount of incurred credit losses decreased compared to the comparison period and was EUR 3.0 (4.8) million during January–September.
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Interim Report 30 September 2026 15 Condensed consolidated income statement (quarterly trend) Note (1,000 euros) 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 Interest income 61,968 58,459 57,757 60,597 61,515 Interest expenses -24,316 -22,135 -21,983 -23,079 -21,291 10 Interest income, net 37,652 36,324 35,774 37,518 40,223 Fee and commission income 15,277 15,620 15,805 16,367 14,786 Fee and commission expenses -2,541 -2,413 -2,449 -3,053 -2,303 11 Fee and commission income and expenses, net 12,736 13,207 13,356 13,314 12,483 12 Net income on financial assets and financial liabilities 284 -246 513 -4,576 -85 Other operating income 393 2,511 980 2,659 457 Operating income, total 51,064 51,796 50,623 48,915 53,079 Personnel expenses -10,421 -12,716 -11,138 -10,988 -9,848 Other operating expenses -16,715 -20,642 -15,482 -17,641 -14,845 Depreciation, amortisation and impairment losses on tangible and intangible assets -2,706 -2,650 -2,346 -2,497 -2,144 Operating expenses, total -29,842 -36,009 -28,966 -31,127 -26,838 13 Impairment losses on financial assets, net -14,247 -7,539 -7,401 -5,586 -10,116 Share of profit from joint ventures and associated companies -331 -28 -358 -199 -601 Profit before taxes 6,645 8,220 13,898 12,002 15,524 Income taxes -1,429 -1,708 -2,796 -1,932 -3,261 Profit for the accounting period 5,216 6,513 11,103 10,071 12,263 Of which: Shareholders of Oma Savings Bank Plc 5,216 6,513 11,103 10,071 12,263 Total 5,216 6,513 11,103 10,071 12,263 Earnings per share (EPS), EUR 0.16 0.20 0.33 0.30 0.37 Earnings per share (EPS) after dilution, EUR 0.16 0.20 0.33 0.30 0.37
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Interim Report 30 September 2026 16 Balance sheet The Group’s balance sheet total decreased by 5.3% during January-September and was EUR 7,067.6 (7,462.4) million. Loans and receivables Loans and receivables in total, EUR 5,668.4 (5,836.0) million decreased by 2.9% compared to the comparison period. At the end of the reporting period, loans and receivables from credit institutions were EUR 78.9 (103.3) million and loans and receivables from the public and public sector entities were in total EUR 5,589.5 (5,732.7) million. The development of the loan portfolio during the year was affected by the weak market situation and the uncertainties stemming from the tender offer process associated with the new sale. The loan portfolio (excluding credit institutions) before expected credit losses decreased by 0.6% in the first quarter and by 0.9% in the second quarter and by 0.6% in the third quarter. The average size of loans issued over the past 12 months increased and was approximately EUR 126 (109) thousand. Loan portfolio by customer group (excl. credit institutions), before the expected credit losses Credit balance * (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Private customers 3,535,118 3,622,010 3,650,017 SME customers 1,062,884 1,085,896 1,162,163 Housing associations 644,799 658,888 646,389 Agricultural customers 274,372 287,363 294,428 Other 219,110 205,757 197,006 Total 5,736,283 5,859,914 5,950,004 * The credit balance does not include accrued interest on contracts. Investment assets The Group’s investment assets decreased compared to the comparison period totalling EUR 493.9 (505.3) million. The primary purpose of managing investment assets is securing the Company’s liquidity position. Intangible assets and goodwill At the end of the period, intangible assets recorded in the balance sheet totalled EUR 31.7 (24.3) million and a goodwill of EUR 20.1 (20.1) million. The growth in intangible assets is mainly explained by investments in system development of lending as well as other IT projects. Liabilities to credit institutions and to the public and public sector entities During the period, liabilities to credit institutions and to the public and public sector entities decreased by 5.3% to EUR 3,778.3 (3,989.3) million. The item consists mostly of deposits received from the public, which came to EUR 3,752.9 (3,831.7) million at the end of September. Fixed-term deposits accounted for 16.4% of these and their average remaining maturity was about five months. The deposit portfolio decreased by 2.1% during January-September. Liabilities to credit institutions were EUR 53.5 (125.0) million. Debt securities issued to the public Total debt securities issued to the public decreased during the period and was EUR 2,517.1 (2,710.7) million. An unsecured senior-term bond of EUR 50 million matured in February. During the first quarter, the Company repurchased and cancelled its outstanding covered bonds, in the aggregate nominal amount of EUR 100 million. In September, EUR 50 million senior-term bond matured. Additionally, the Company issued a EUR 200 million floating rate covered bond, which it retained in its own possession. A more detailed breakdown of debt securities issued to the public is given in Note 9. At the end of the period, covered bonds were secured by loans to the value of EUR 2,700.0 (3,008.0) million. Equity The Group's equity EUR 626.9 (618.8) million increased by 1.3% during the period. The change in equity is mainly explained by the result of the period and dividend payment.
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Interim Report 30 September 2026 17 Own shares On 30 September 2026, the number of own shares held by Oma Savings Bank was 133,741. Share capital 30 Sep 2026 31 Dec 2025 30 Sep 2025 Weighted number of shares on average (excl. own shares) 33,206,096 33,173,184 33,167,885 Number of shares at the end of the period (excluding own shares) 33,222,988 33,204,349 33,184,889 Number of own shares 133,741 132,200 132,200 Share capital (1,000 euros) 24,000 24,000 24,000 Off-balance-sheet commitments Off-balance-sheet commitments include commitments given to a third party on behalf of a customer and irrevocable commitments given to a customer. Commitments given to a third party on behalf of a customer, EUR 26.3 (26.0) million, consisted mainly of bank guarantees and other guarantees. Irrevocable commitments given to a customer, which totalled EUR 374.8 (301.9) million at the end of September, consisted mainly of undrawn credit facilities.
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Interim Report 30 September 2026 18 Group's key figures 1) The reconciliation of the comparable result is presented below in the report section of the Half-Year Report. 2) The Company revised the official balance sheet formula during the first quarter of 2026. The changes are described in more detail in Note 2. The comparison periods have been retrospectively adjusted. (1,000 euros) 1-9/2026 1-9/2025 Δ % 1-12/2025 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 Net interest income 109,749 131,119 -16% 168,637 37,652 36,324 35,774 37,518 40,223 Fee and commission income and expenses, net 39,299 37,337 5% 50,651 12,736 13,207 13,356 13,314 12,483 Total operating income 153,483 172,493 -11% 221,408 51,064 51,796 50,623 48,915 53,079 Total operating expenses -94,816 -91,939 3% -123,066 -29,842 -36,009 -28,966 -31,127 -26,838 ¹⁾ Cost/income ratio, % 62.1% 53.9% 15% 56.1% 58.8% 69.6% 57.6% 63.9% 51.1 % Impairment losses on financial assets, net -29,186 -41,525 -30% -47,111 -14,247 -7,539 -7,401 -5,586 -10,116 Profit before taxes 28,764 37,246 -23% 49,248 6,645 8,220 13,898 12,002 15,524 Profit/loss for the accounting period 22,831 29,408 -22% 39,479 5,216 6,513 11,103 10,071 12,263 2⁾ Balance sheet total 7,067,639 7,524,344 -6% 7,462,363 7,067,639 7,229,858 7,224,216 7,462,363 7,524,344 Equity 626,916 605,224 4% 618,829 626,916 623,193 628,702 618,829 605,224 2⁾ Return on assets (ROA) % 0.4% 0.5% -19% 0.5% 0.3% 0.4% 0.6% 0.5% 0.7% Return on equity (ROE) % 4.9% 6.6% -26% 6.6% 3.3% 4.2% 7.1% 6.6% 8.2% Earnings per share (EPS), EUR 0.69 0.89 -23% 1.19 0.16 0.20 0.33 0.30 0.37 2⁾ Equity ratio % 8.9% 8.0% 10% 8.3% 8.9% 8.6% 8.7% 8.3% 8.0% Total capital (TC) ratio % 19.6% 19.2% 2% 19.3% 19.6% 19.4% 19.4% 19.3% 19.2% Common Equity Tier 1 (CET1) capital ratio % 19.0% 18.2% 4% 18.3% 19.0% 18.7% 18.5% 18.3% 18.2% Tier 1 (T1) capital ratio % 19.0% 18.2% 4% 18.3% 19.0% 18.7% 18.5% 18.3% 18.2% Liquidity coverage ratio (LCR) % 313.5% 838.9% -63% 391.1% 313.5% 320.3% 339.3% 391.1% 838.9% Net Stable Funding Ratio (NSFR) % 128.8% 130.6% -1% 129.6% 128.8% 128.4% 129.5% 129.6% 130.6% Average number of employees 643 642 0% 642 641 655 633 643 658 Employees at the end of the period 625 651 -4% 642 625 662 634 642 651 Alternative performance measures excluding items affecting comparability: ¹⁾ Comparable profit before taxes 33,153 39,726 -17% 56,896 9,530 9,897 13,725 17,169 16,123 ¹⁾ Comparable cost/income ratio, % 59.0% 52.3% 13% 53.5% 52.9% 66.5% 57.5% 57.3% 50.1% ¹⁾ Comparable earnings per share (EPS), EUR 0.79 0.95 -16% 1.37 0.23 0.24 0.33 0.43 0.38 ¹⁾ Comparable return on equity (ROE) % 5.6% 7.1% -20% 7.6% 4.8% 5.0% 7.0% 9.3% 8.5%
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Interim Report 30 September 2026 19 C alculation and reconciliation of key figures Calculation of key figures Alternative Performance Measures (APM) Oma Savings Bank Plc’s financial reporting presents Alternative Performance Measures (APM) that describe the Company’s historical financial result, financial position or cash flows. The APMs are drawn up in line with the guidelines set by the European Securities and Markets Authority (ESMA). APMs are not key figures defined or specified in IFRS standards, capital adequacy regulation (CRD/CRR) or Solvency II (SII) regulations. The Company presents APMs as supplementary information to the key figures that are presented in the Group’s IFRS-compliant income statement, Group balance sheets and cash flow statements. In the Company’s view, alternative key figures provide meaningful and useful information to investors, securities market analysts and others concerning Oma Savings Bank Plc’s performance, financial position and cash flows. Operating income, total Net interest income, net fee and commission income and expenses, net income on financial assets and liabilities, other operating income Total operating expenses Personnel expenses, other operating expenses, depreciation, amortisation and impairment losses on tangible and intangible assets Cost/income ratio, % Total operating expenses / (Total operating income + share of profit from joint ventures and associated companies (net)) x 100 Comparable cost/income ratio, % Total operating expenses without items affecting comparability / (Total operating income without items affecting comparability + share of profit from joint ventures and associated companies (net)) x 100 Comparable profit before taxes Profit/loss before taxes without net income from financial assets and liabilities and other items affecting comparability Return on equity, ROE % Profit/loss for the accounting period / Equity (average of the beginning and the end of the year) x 100 Comparable return on equity, ROE % Comparable profit/loss for the accounting period / Equity (average of the beginning and end of the year) x 100 Total return on assets, ROA % Profit/loss of the accounting period / Average balance sheet total (average of the beginning and the end of the year) x 100 Equity ratio, % Equity / Balance sheet total x 100 Comparable earnings per share (EPS), EUR Comparable profit/loss – Share of non-controlling interests / Average number of shares outstanding Other key figures Liquidity coverage ratio (LCR), % High quality liquid assets / Net outflows during the following 30 days Net stable funding ratio (NSFR), % Available amount of stable funding / Required amount of stable funding x 100 Total capital (TC), % Own funds total (TC) / Risk-weighted assets (RWA) total x 100
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Interim Report 30 September 2026 20 Common Equity Tier (CET1) capital ratio, % Common Equity Tier 1 (CET1) capital / Risk-weighted assets (RWA) total x 100 Tier 1 (T1) capital ratio, % Tier 1 (T1) capital / Risk-weighted assets (RWA) total x 100 Leverage ratio, % Tier 1 (T1) capital / Exposures total x 100 Earnings per share (EPS), EUR Profit/loss for the accounting period belonging to the parent company owners / Average number of shares outstanding x 100 Earnings per share after dilution (EPS), EUR Profit/loss for the accounting period belonging to the parent company / Average number of shares outstanding after dilution of share-based rewarding x 100
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Interim Report 30 September 2026 21 Reconciliation calculation of comparable profit (1,000 euros) 1-9/2026 1-9/2025 1-12/2025 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 Profit before taxes 28,764 37,246 49,248 6,645 8,220 13,898 12,002 15,524 Operating income: Net income on financial assets and liabilities -551 -409 4,167 -284 246 -513 4,576 85 Operating expenses Costs relating to business arrangements - 41 41 - - - - - Other one-off items 2,152 2,849 3,440 545 1,266 341 591 514 Costs relating to the tender offer 2,789 - - 2,624 165 - - - Comparable profit before taxes 33,153 39,726 56,896 9,530 9,897 13,725 17,169 16,123 Income taxes in income statement -5,932 -7,837 -9,769 -1,429 -1,708 -2,796 -1,932 -3,261 Change of deferred taxes -878 -496 -1,530 -577 -335 35 -1,033 -120 Comparable profit/loss for the accounting period 26,343 31,393 45,597 7,524 7,854 10,964 14,204 12,742 Other non-recurring items relate to expenses incurred in determining non-compliance with the guidelines. Comparable profit before taxes excluding net income from financial assets and liabilities describes the comparable development of the Company's core business by removing the impact of investment income from the result. The change in imputed income tax consists of the tax effect of items affecting comparability.
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Interim Report 30 September 2026 22 Significant events during the perio d • The Company updated its business outlook and issued a negative profit warning on 29 September 2026. In accordance with the updated guidance, the Group's comparable profit before taxes will decrease significantly compared to the comparison period. • On 9 July 2026, S-Bank Plc announced a voluntary recommended public cash tender offer for all issued and outstanding shares in Oma Savings Bank Plc. S-Bank believes that, upon completion, the combination will create a larger business entity which strengthens the position of the combined bank as a competitive player and which has stronger capabilities to offer high-quality services to its customers and to respond to the growing requirements of the banking sector. The Board of Directors of Oma Savings Bank Plc, represented by a quorum comprising the non- conflicted members of the Board of Directors, unanimously decided to recommend that the shareholders of Oma Savings Bank Plc accept the tender offer. The recommendation is supported by a fairness opinion provided by EY Advisory Oy to the Board of Directors of Oma Savings Bank Plc. The tender offer was completed during October 2026. • On 15 September 2026, S-Bank announced that it has obtained the approval required from the competent authority, European Central Bank, for the acquisition of a qualifying holding in Oma Savings Bank in accordance with the Act on Credit Institutions (610/2014, as amended). Consequently, S-Bank announced that the condition to completion of the tender offer concerning the receipt of regulatory approvals has been fulfilled. On 28 September 2026, S-Bank announced that the tender offer has been validly accepted with approximately 96.78% of all outstanding shares and votes. On 30 September 2026, S- Bank announced that it completes the tender offer and commenced a subsequent offer period. • The Company issued a covered bond of EUR 200 million in September. The maturity date of the bond is 2 October 2029 and is a floating rate loan. • In September, the Board of Directors of the Company decided to terminate all ongoing share-based incentive schemes and to pay rewards based on them upon the completion of the tender offer. • In June, the Company received a notice of hearing in accordance with the Administrative Procedure Act from the Finnish Financial Supervisory Authority (FIN-FSA). The notice of hearing is related to the Company’s credit risk management, governance and management system, and reporting of large customer exposures. The FIN-FSA has assessed the Company’s operations for the period 19 December 2018 – 4 February 2025. According to the assessment presented in the notice of hearing, in the view of FIN-FSA, the 25% regulatory limit relating to the largest customer exposure was exceeded during the period from the last quarter of 2022 to the third quarter of 2024. The FIN-FSA is assessing whether the conditions for imposing administrative sanctions, such as an administrative fine or a public warning, have been met. The Company is preparing for possible sanctions issued by the FIN-FSA and made a provision of EUR 2.5 million in the second quarter of 2026. The Company will issue a separate release relating to the Finnish Financial Supervisory Authority’s decision once the decision has been issued. • In June, S&P Global Ratings affirmed that the short term and long-term issuer credit ratings of the Company remain unchanged and are BBB/A-2. At the same time, S&P assigned BBB+/A-2 short-term and long-term resolution counterparty ratings (RCRs) to the Company. S&P also decided to maintain the negative outlook for the Company’s credit rating. • In May, the FIN-FSA notified the Company of a combined penalty payment of EUR 0.4 million, relating to failure to draw up insider lists from 7 January 2021 to 23 June 2021 and from 13 April 2022 to 13 May 2022. • In May, the Board of Directors of the Company launched a share-based incentive plan for key employees for the new earning period for financial years 2026-2028. The structure of the share-based incentive scheme was reformed so that instead of the two (2) year-long plans starting every two years, the Company introduces three (3) year-long share-based incentive schemes starting annually. The purpose of the plan is to combine the objectives of the
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Interim Report 30 September 2026 23 owners and key employees to increase the value of the Company in the long term and to commit the key employees to implementing the Company's strategy, objectives and the Company's long-term interest and to offer them a competitive incentive plan based on earning of the Company's shares. • In February, the Board of Directors of the Company decided to continue the employee share savings plan (OmaOsake) established in 2024. The OmaOsake offers personnel opportunity to invest part of their regular salary in the Company's shares. • The Financial Stability Authority set an updated level for the Company for the minimum amount of own funds and eligible liabilities (MREL requirement) on 19 March 2026. The updated MREL requirement entered into force on 17 April 2026. • In January 2026, the Board of Directors confirmed the Company's updated strategy and financial targets for the 2026-2029 period. The goal is to grow responsibly and profitably, utilising personalised service as a competitive advantage. For more information on the strategy of growth and financial targets of the Company, see page 23 of the Interim Report. Progress of key development projects In 2024, the Company launched a development project for loan, collateral and customer information systems, which updates the systems and adds automation and control to the customer information system, among other things. The aim of the system project is to improve efficiency, reduce the amount of manual work and improve credit quality controls. The key objective of the project is to further develop excellent customer experience in all service channels. The first stages of the project have progressed according to schedule and plans. Approximately EUR 10 million will be invested in the project during 2024–2027 and the development project will be carried out in cooperation with Oy Samlink Ab and Evitec Oy. In addition, the Company is currently undertaking reforms of regulatory reporting to improve reporting systems together with partners. Ongoing investigations by the authorities In June 2026, the Company received a notice of hearing in accordance with the Administrative Procedure Act from FIN- FSA. The notice of hearing is related to the Company’s credit risk management, governance and management system, and reporting of large customer exposures. The FIN-FSA has assessed the Company’s operations for the period 19 December 2018 – 4 February 2025. According to the assessment presented in the notice of hearing, in the view of FIN-FSA, the 25% regulatory limit relating to the largest customer exposure was exceeded during the period from the last quarter of 2022 to the third quarter of 2024. Based on the revised data reviewed by FIN-FSA, the liabilities of the largest customer group have been below the 25% threshold since the last quarter of 2024. FIN-FSA is assessing whether the conditions for imposing administrative sanctions, such as an administrative fine or a public warning, have been met. In 2024, the Company has taken steps to develop credit risk management, reporting practices and internal processes. The Company is preparing for potential future sanctions imposed by FIN-FSA and has made a provision of EUR 2.5 million for the second quarter of 2026. The Company will inform separately of FIN-FSA's decision once FIN-FSA has issued a decision on the matter. In June 2024, the Company announced that it would file a request for an investigation with the police in relation to non-compliance with the guidelines. This investigation is proceeding according to the schedules of the authorities, and the Company will report on the progress of the investigation in accordance with its disclosure policy. At the time of the reporting period, the Company has no further information on the matter. At the end of the year 2024, the Company filed an investigation request with police regarding suspicion of breach of banking secrecy regulation in a public debate. At the time of the reporting period, the Company has no further information in this regard. In April 2025, the Company announced that it had received the final inspection report from FIN-FSA on anti-money laundering and terrorist financing. The implementation of corrective actions is proceeding as planned. The Company is preparing for possible sanctions imposed by FIN-FSA and has made a provision of EUR 3.0 million for the first quarter of 2025.
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Interim Report 30 September 2026 24 Credit rating and liquidity On 1 October 2026, S&P Global Ratings (S&P) raised the long- term issuer credit rating on Oma Savings Bank Plc to BBB+ from BBB and long-term resolution counterparty rating (RCR) to A- from BBB+ and affirmed the A-2 short-term rating and short-term RCR on the Company. On 1 October 2026, S&P removed the rating from CreditWatch positive and at the same time assessed the long-term outlook stable. S&P Global Ratings has affirmed an AAA rating for the Company's bond program. 30 Sep 2026 31 Dec 2025 30 Sep 2025 LCR 313.5% 391.1% 838.9% NSFR 128.8% 129.6% 130.6% The Group’s liquidity coverage ratio (LCR) remained at the level of the previous quarter, being 313.5% at the end of the third quarter of the year. Also, the net stable funding ratio (NSFR) remained at a high level, being 128.8%. The Company also met the additional liquidity requirement imposed by FIN-FSA and the Company’s survival horizon was over 90 days on 30 September 2026. Finland's economy is expected to strengthen gradually, but the continued geopolitical uncertainty will have a negative impact on the return of the economy to a growth path. The activity of financial markets has been at a normal level, but investors are still more cautious than normal. The Company's most significant financial concentration in 2026 is the EUR 500 million covered bond due in December. Related party disclosures Related party is defined as key persons in a leading position at Oma Savings Bank Plc and their family members, subsidiaries, associated companies and joint ventures, joint operations and companies in which a key person in a leading position has control or significant influence, and organisations that have significant influence in Oma Savings Bank Plc. Key persons are members of the Board of Directors, the CEO and deputy CEO and the rest of the management team. After the end of the period, Oma Savings Bank Plc's parent company S-Bank Plc is a related party of the Company. Loans and guarantees have been granted to the related party with conditions that are applied to similar loans and guarantees granted to customers. More detailed information on related parties is given in Note G31 of the 2025 Financial Statements. More detailed information on the share-based incentive schemes for key people is given in note G32 of the Financial Statements for 2025 and in note 16 of the Interim Report.
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Interim Report 30 September 2026 25 The strategy of growth an d financ ial targets The Strategy of Growth The goal of Oma Savings Bank Plc is to provide the most personalised banking service in Finland by being expert support at different stages of customers' lives and throughout the life cycle of the company. Oma Savings Bank Plc's strategy of growth is based on more diverse earnings. A good customer understanding enables products and services with which the bank increases commission income and deepens customer relationships in both households and growing companies. Growth is controlled; solvency is kept strong and excess capital is returned to owners as anticipated. Financial targets The Company has financial targets confirmed by the Board of Directors on 14 January 2026 for the strategy period 2026- 2029. Financial targets are set for the medium term (3-5 years) • Comparable ROE: over 14% • Comparable cost/income ratio: below 50% • Annual growth in fee and commission income: over 10% • Net Promoter Score (NPS): over 50 • CET1: at least +2 percentage points above regulatory requirement
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Interim Report 30 September 2026 26 Significant events after the period S-Bank's tender offer was completed, and Oma Savings Bank Plc has continued as a subsidiary of S-Bank as of 7 October 2026, when the offer price was paid. According to the final result of the tender offer of 30 September 2026, the 32,152,993 shares for which the tender offer has been validly accepted represent approximately 96.78 percent of all issued and outstanding shares and votes in Oma Savings Bank Plc. The result of the subsequent offer period was announced on 23 October 2026. Based on the preliminary result of the subsequent offer period, the 162,531 shares for which the tender offer has been validly accepted represent approximately 0.49 per cent of all issued and outstanding shares and votes in Oma Savings Bank Plc (excluding treasury shares held by Oma Savings Bank Plc). The shares offered during the subsequent offer period together with the shares offered during the original offer period and the shares otherwise acquired by the offeror represent approximately 97.32 percent of all of the issued and outstanding shares and votes of Oma Savings Bank Plc (excluding treasury shares held by Oma Savings Bank Plc). In October, the Company invited the shareholders to an Extraordinary General Meeting to be held on 5 November 2026. The Extraordinary Annual General Meeting discusses the amendment of the Articles of Association, the number of members of the Board of Directors, the election of the members of the Board of Directors, and the remuneration of the members of the Board of Directors. The Annual General Meeting also discusses the election of the auditor and the certification authority for sustainability reporting. Matters related to the Annual General Meeting are available on the Company's website. On 14 October 2026, the Company announced that Karri Alameri, the Company's CEO, will leave his position as CEO on 5 November 2026, with his term of office ending on 5 May 2027. At the same time, Alameri ran as a member of the Company's Board of Directors. In accordance with the combination agreement and after consulting S-bank, the Board of Directors decided on the premature termination of the ongoing share-based incentive schemes upon the completion of the tender offer. S-Bank has given its consent to the treatment and expedited termination of the programmes on 2 September 2026. The decisions were conditional on the completion of the tender offer, including obtaining the required regulatory approvals and achieving a minimum acceptance requirement of more than 90%. In accordance with the solution agreed by Oma Savings Bank Plc and S-Bank, the programmes will be decided upon when the tender offer is completed and the rewards earned on the basis of them, to which the right has been obtained, will be paid in cash when regulation allows. In accordance with the combination agreement and after consulting S-bank, the Board of Directors decided on the premature termination of the ongoing OmaOsake programmes upon the completion of the tender offer. S-Bank has given its consent to the treatment and expedited termination of the programmes on 2 September 2026. The decisions were conditional on the completion of the tender offer, including obtaining the required regulatory approvals and achieving a minimum acceptance requirement of more than 90%. In accordance with the solution agreed by Oma Savings Bank Plc and S-Bank, the programmes will be decided upon when the tender offer is completed and the rewards earned on the basis of them, to which the right has been obtained, will be paid in cash when regulation allows. On 1 October 2026, S&P Global Ratings (S&P) raised the long- term issuer credit rating on Oma Savings Bank Plc to BBB+ from BBB and long-term resolution counterparty rating (RCR) to A- from BBB+ and affirmed the A-2 short-term rating and short-term RCR on the Company. On 1 October 2026, S&P removed the rating from CreditWatch positive and at the same time assessed the long-term outlook stable. Other events after the end of the reporting period that would require disclosure of additional information or materially affect the Company's financial position are unknown.
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Interim Report 30 September 2026 27 Outlook for financial year 202 6 ( updated 29 September 2026) New business outlook and guidance for the financial year 2026 (updated 29 September 2026): The business outlook for the Company for the financial year 2026 is influenced by overall uncertainty, demand for housing loans, and the continued low investment appetite among SMEs. These factors negatively affect the loan portfolio, and net interest income decreases compared with the previous financial year. In line with its strategy, the Company is focusing on diversified earnings generation and growth in fee income. Due to changes in the operating environment, fee and commission income is, however, estimated to grow more slowly than anticipated. While the growth in the Company's cost base has slowed down compared with the previous financial year, the tender offer process is resulting in unforeseen expenses. The Company estimates that impairment losses on financial assets will remain below the level of the previous financial year, but non-performing loans are declining more slowly than anticipated and are having a more negative impact on the development of impairment losses than previously estimated. Oma Savings Bank Plc provides earnings guidance for comparable profit before taxes for 2026. The earnings guidance is based on the forecast for the entire year, which takes into account the current market and business situation. The forecast is based on the management’s assessment of the Group’s business development. We estimate that the Group’s comparable profit before taxes for the financial year 2026 will decrease significantly compared with the previous financial year (comparable profit before taxes was EUR 56.9 million in the financial year 2025). Dividend policy and dividend payment The Company aims to pay a steady and growing dividend, at least 30% of net income. The Company's Board of Directors assesses the balance between the dividend or capital return to be distributed, and the amount of own funds required by the Company's capital adequacy requirements and target on an annual basis and makes a proposal on the amount of dividend or capital return to be distributed. The Company has the preparedness to pay additional dividends. Financial reporting in 2027 The Company will announce separately the release dates of the financial information for 2027.
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Interim Report 30 September 2026 28 Capital adequacy The total capital (TC) ratio of Oma Savings Bank Group strengthened slightly and was 19.6 (19.3)% at the end of the period. The Common Equity Tier 1 capital (CET1) ratio was 19.0 (18.3)%, exceeding by 7.7 percentage points the minimum level of the medium-term financial goal set by the Company’s Board of Directors (at least 2 percentage points above the regulatory requirement). Risk-weighted assets decreased from the level of the comparison period and were EUR 2,930.0 (3,007.9) million at the end of the reporting period. The reduction was largely due to a decrease in exposures. Oma Savings Bank Group applies the standardised approach in the capital requirement calculation for credit risk and for operational risk the new standardised approach. The capital requirement for market risk is calculated using the simplified standard approach for foreign exchange position. At the end of the review period, the capital structure of the Group was strong and consisted mostly of Common Equity Tier 1 capital (CET1). The Group’s own funds (TC) of EUR 575.4 (581.4) million decreased slightly from the comparison period and exceeded by EUR 172.1 million the total capital requirement for own funds EUR 403.3 (414.0) million. Taking into account the indicative additional capital recommendation, the surplus of own funds was EUR 128.1 million. The earnings for the financial year 2026 have been included in the Common Equity Tier 1 capital with the permission granted by (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Common Equity Tier 1 capital before regulatory adjustments 619,744 601,998 598,479 Regulatory adjustments on Common Equity Tier 1 -64,336 -50,159 -43,047 Common Equity Tier 1 (CET1) capital, total 555,409 551,839 555,432 Additional Tier 1 capital before regulatory adjustments - - - Regulatory adjustments on additional Tier 1 capital - - - Additional Tier 1 (AT1) capital, total - - - Tier 1 capital (T1 = CET1 + AT1), total 555,409 551,839 555,432 Tier 2 capital before regulatory adjustments 20,581 29,551 32,574 Regulatory adjustments on Tier 2 capital -600 - - Tier 2 (T2) capital, total 19,981 29,551 32,574 Total capital (TC = T1 + T2), total 575,389 581,389 588,006 Risk-weighted assets Credit and counterparty risk 2,551,186 2,628,458 2,703,467 Credit valuation adjustment risk (CVA) 12,433 18,565 19,595 Market risk (foreign exchange risk) - - - Operational risk 366,390 360,859 335,540 Risk-weighted assets, total 2,930,009 3,007,882 3,058,603 Common Equity Tier 1 (CET1) capital ratio, % 18.96% 18.35% 18.16% Tier 1 (T1) capital ratio, % 18.96% 18.35% 18.16% Total capital (TC) ratio, % 19.64% 19.33% 19.22% Leverage ratio (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Tier 1 capital 555,409 551,839 555,432 Total amount of exposures 7,152,262 7,515,757 7,577,301 Leverage ratio 7.77% 7.34% 7.33%
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Interim Report 30 September 2026 29 the Finnish Financial Supervisory Authority (FIN-FSA). The Group´s leverage ratio was 7.8 (7.3)% at the end of the period. The total capital requirement for banks’ own funds consists of the Pillar I minimum capital requirement (8.0%) and various buffer requirements. Buffer requirements are, among other things, the capital conservation buffer (2.5%) set by the Credit Institution Act, the discretionary SREP requirement according to Pillar II, the countercyclical buffer requirement and the systemic risk buffer. The SREP requirement imposed by the Finnish Financial Supervisory Authority (FIN-FSA) on Oma Savings Bank Plc based on the supervisory authority's assessment 2.25% is valid until further notice, however until 30 June 2028 at the latest. According to the overall assessment based on risk indicators, there are no grounds for applying a countercyclical buffer, and thus FIN-FSA maintained the requirement of countercyclical buffer at its basic level of 0%. The systemic risk buffer requirement of 1.0% strengthens the risk-bearing capacity of the banking sector. In addition to capital requirements, FIN-FSA issued an indicative capital recommendation for Oma Savings Bank Plc under the Credit Institutions Act, which rose to 1.5% (previously 1.0%) as of 31 March 2026. The indicative additional capital recommendation to be covered by Common Equity Tier 1 capital is valid until further notice. As part of the permanent supervisory review and evaluation process (SREP), FIN-FSA has set the leverage ratio requirement (P2R-LR) of 0.25% set for Oma Savings Bank Plc. The requirement is valid until further notice, however until 30 June 2028 at the latest. The P2R-LR requirement must be covered by Tier 1 capital. The binding leverage ratio based on the Capital Requirements Regulation (CRR) is 3.0%. In accordance with the updated decision issued by the Financial Stability Authority on 19 March 2026, the MREL requirement based on Oma Savings Bank Plc’s total risk is 23.10% (previously 20.88%) and the requirement based on the total amount of exposures used in the calculation of the leverage ratio is 7.92% (previously 7.89%). The updated MREL requirement entered into force on 17 April 2026. At the end of the review period 30.9.2026, Oma Savings Bank Group meets the requirement with its own funds. The Group publishes information on capital adequacy and risk management compliant with Pillar III in its Capital and Risk Management Report. The document will be released as a separate report in connection with the Annual Report and it provides a more detailed description of Oma Savings Bank Group’s capital adequacy and risk position. The substantial information in accordance with Pillar III will be published as a separate report alongside the Half-Year Financial Report. Group`s total capital requirement 30 Sep 2026 (1,000 euros) Buffer requirements Capital Pillar I minimum capital requirement* Pillar II (SREP) capital requirement* Capital conservati on buffer Countercy clical buffer** O-SII Systemic risk buffer Total capital requirement CET1 4.50% 1.27% 2.50% 0.01% 0.00% 1.00% 9.28% 271,897 AT1 1.50% 0.42% 1.92% 56,311 T2 2.00% 0.56% 2.56% 75,081 Total 8.00% 2.25% 2.50% 0.01% 0.00% 1.00% 13.76% 403,289 * AT1 and T2 capital requirements are possible to fill with CET1 capital **Taking into account the geographical distribution of the Group's exposures MREL requirement (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Total risk exposure amount (TREA) 2,930,009 3,007,882 3,058,603 of which MREL requirement 676,832 285,749 290,567 Leverage ratio exposures (LRE) 7,152,262 7,515,757 7,577,301 of which MREL requirement 566,459 225,473 227,319 MREL requirement 676,832 285,749 290,567 Common Equity Tier 1 (CET1) 555,409 551,839 555,432 AT1 instruments - - - T2 instruments 19,981 29,551 32,574 Other liabilities 288,393 280,929 275,905 Total MREL eligible assets 863,782 862,318 863,911
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Interim Report 30 September 2026 30 Tables and notes Consolidated condensed income statement Note (1,000 euros) 1-9/2026 1-9/2025 1-12/2025 2026 Q3 2025 Q3 Interest income 178,183 204,917 265,514 61,968 61,515 Interest expenses -68,434 -73,799 -96,877 -24,316 -21,291 10 Net interest income 109,749 131,119 168,637 37,652 40,223 Fee and commission income 46,702 44,428 60,796 15,277 14,786 Fee and commission expenses -7,403 -7,091 -10,144 -2,541 -2,303 11 Fee and commission income and expenses, net 39,299 37,337 50,651 12,736 12,483 12 Net income on financial assets and financial liabilities 551 409 -4,167 284 -85 Other operating income 3,884 3,628 6,287 393 457 Total operating income 153,483 172,493 221,408 51,064 53,079 Personnel expenses -34,275 -31,283 -42,271 -10,421 -9,848 Other operating expenses -52,839 -54,277 -71,918 -16,715 -14,845 Depreciation, amortisation and impairment losses on tangible and intangible assets -7,702 -6,380 -8,877 -2,706 -2,144 Total operating expenses -94,816 -91,939 -123,066 -29,842 -26,838 13 Impairment losses on financial assets, net -29,186 -41,525 -47,111 -14,247 -10,116 Share of profit of equity accounted entities -717 -1,784 -1,983 -331 -601 Profit before taxes 28,764 37,246 49,248 6,645 15,524 Income taxes -5,932 -7,837 -9,769 -1,429 -3,261 Profit for the accounting period 22,831 29,408 39,479 5,216 12,263 Of which: Shareholders of Oma Savings Bank Plc 22,831 29,408 39,479 5,216 12,263 Total 22,831 29,408 39,479 5,216 12,263 Earnings per share (EPS), EUR 0.69 0.89 1.19 0.16 0.37 Earnings per share (EPS) after dilution, EUR 0.68 0.88 1.18 0.16 0.37
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Interim Report 30 September 2026 31 Consolidated condensed statement of comprehensive income (1,000 euros) 1-9/2026 1-9/2025 1-12/2025 2026 Q3 2025 Q3 Profit for the accounting period 22,831 29,408 39,479 5,216 12,263 Other comprehensive income before taxes Items that will not be reclassified through profit or loss Gains and losses on remeasurements from defined benefit pension plans - - -46 - - Items that may later be reclassified through profit or loss Measured at fair value, net 2,034 13,734 17,632 -2,120 2,560 Transferred to Income Statement as a reclassification change 72 261 428 - -2 Other comprehensive income before taxes 2,106 13,995 18,015 -2,120 2,558 Income taxes For items that will not be reclassified to profit or loss Gains and losses on remeasurements from defined benefit pension plans - - 9 - - Items that may later be reclassified to profit or loss Measured at fair value -421 -2,799 -3,612 424 -512 Income taxes -421 -2,799 -3,603 424 -512 Other comprehensive income for the accounting period after taxes 1,685 11,196 14,412 -1,696 2,047 Comprehensive income for the accounting period 24,516 40,604 53,891 3,520 14,310 Attributable to: Shareholders of Oma Savings Bank Plc 24,516 40,604 53,891 3,520 14,310 Total 24,516 40,604 53,891 3,520 14,310
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Interim Report 30 September 2026 32 Consolidated condensed balance sheet Note Assets (1,000 euros) 30 Sep 2026 Adjusted 31 Dec 2025 Adjusted 30 Sep 2025 Cash and central bank deposits 760,238 941,103 660,359 5 Loans and receivables to credit institutions 78,877 103,315 142,398 5 Loans and receivables to the public and public sector entities 5,589,513 5,732,702 5,829,755 6 Financial derivatives 10,020 55,180 66,335 7 Investment assets 493,866 505,317 507,859 7 Investment properties 1,087 1,181 901 17 Equity accounted entities 14,563 15,068 18,282 Tangible assets 40,369 39,683 38,045 Intangible assets 31,720 24,269 19,236 Other assets 14,632 15,388 214,255 Current income tax assets 12,509 8,957 6,688 Deferred tax assets 155 109 141 Goodwill 20,090 20,090 20,090 Assets, total 7,067,639 7,462,363 7,524,344 Note Liabilities (1,000 euros) 30 Sep 2026 Adjusted 31 Dec 2025 Adjusted 30 Sep 2025 8 Liabilities to credit institutions 53,467 124,996 123,328 8 Liabilities to the public and public sector entities 3,724,856 3,864,300 3,960,688 6 Financial derivatives 16,136 3,954 10,055 9 Debt securities issued to the public 2,517,067 2,710,660 2,686,665 Deferred tax liabilities 11,457 17,794 19,185 Provisions and other liabilities 56,568 60,830 58,026 Subordinated liabilities 61,172 61,001 61,172 Liabilities, total 6,440,723 6,843,533 6,919,120 Equity 30 Sep 2026 Adjusted 31 Dec 2025 Adjusted 30 Sep 2025 Share capital 24,000 24,000 24,000 Reserves 174,643 172,742 169,289 Retained earnings 428,273 422,087 411,935 Shareholders of Oma Savings Bank Plc 626,916 618,829 605,224 Shareholders of Oma Savings Bank Plc 626,916 618,829 605,224 Equity, total 626,916 618,829 605,224 Liabilities and equity, total 7,067,639 7,462,363 7,524,344
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Interim Report 30 September 2026 33 Consolidated condensed statement of changes in equity (1,000 euros) 30 Sep 2026 Share capital Fair value reserve Other reserves Reserves, total Retained earnings Shareholders of Oma Savings Bank Plc Equity, total Equity, 1 January 2026 24,000 -38,620 211,361 172,742 422,087 618,829 618,829 Comprehensive income Profit for the accounting period - - - - 22,831 22,831 22,831 Other comprehensive income - 1,685 - 1,685 - 1,685 1,685 Comprehensive income, total - 1,685 - 1,685 22,831 24,516 24,516 Transactions with owners Repurchase/sale of own shares - - - - 265 265 265 Distribution of dividends - - - - -16,601 -16,601 -16,601 Share-based incentive schemes - - 217 217 -309 -93 -93 Transactions with owners, total - - 217 217 -16,646 -16,429 -16,429 Equity total, 30 September 2026 24,000 -36,935 211,578 174,643 428,273 626,916 626,916 31 Dec 2025 Share capital Fair value reserve Other reserves Reserves, total Retained earnings Shareholders of Oma Savings Bank Plc Equity, total Equity, 1 January 2025 24,000 -53,068 210,979 157,911 394,232 576,143 576,143 Comprehensive income Profit for the accounting period - - - - 39,479 39,479 39,479 Other comprehensive income - 14,449 - 14,449 -37 14,412 14,412 Comprehensive income, total - 14,449 - 14,449 39,442 53,891 53,891 Transactions with owners Repurchase/sale of own shares - - - - 75 75 75 Distribution of dividends - - - - -11,936 -11,936 -11,936 Share-based incentive schemes - - 382 382 274 656 656 Transactions with owners, total - - 382 382 -11,587 -11,205 -11,205 Equity total, 31 December 2025 24,000 -38,620 211,361 172,742 422,087 618,829 618,829
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Interim Report 30 September 2026 34 30 Sep 2025 Share capital Fair value reserve Other reserves Reserves, total Retained earnings Shareholders of Oma Savings Bank Plc Equity, total Equity, 1 January 2025 24,000 -53,068 210,979 157,911 394,232 576,143 576,143 Comprehensive income Profit for the accounting period - - - - 29,408 29,408 29,408 Other comprehensive income - 11,196 - 11,196 - 11,196 11,196 Comprehensive income, total - 11,196 - 11,196 29,408 40,604 40,604 Transactions with owners Repurchase/sale of own shares - - - - 75 75 75 Distribution of dividends - - - - -11,936 -11,936 -11,936 Share-based incentive scheme - - 183 183 156 338 338 Transactions with owners, total - - 183 183 -11,705 -11,523 -11,523 Equity total, 30 September 2025 24,000 -41,873 211,162 169,289 411,935 605,224 605,224
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Interim Report 30 September 2026 35 Consolidated condensed cash flow statement Note (1,000 euros) 1-9/2026 Adjusted 1- 9/2025 Adjusted 1- 12/2025 Cash flow from operating activities Profit/loss for the accounting period 22,831 29,408 39,479 Changes in fair value 258 -833 3,773 17 Share of profit of equity accounted entities 717 1,784 1,983 12 Depreciation and impairment losses on investment properties 54 30 73 Depreciation, amortisation and impairment losses on tangible and intangible assets 7,702 6,380 8,877 13 Impairment and expected credit losses 29,186 41,525 47,111 Income taxes 5,932 7,837 9,769 Other adjustments 15,402 9,869 13,482 Adjustments to the profit/loss of the accounting period 59,252 66,592 85,068 Cash flow from operations before changes in receivables and liabilities 82,083 96,000 124,547 Increase (-) or decrease (+) in operating assets Debt securities 1,656 13,898 16,110 5 Loans and receivables to credit institutions -12,430 - - 5 Loans and receivables to customers 114,372 442,131 534,468 7 Investment assets - 5,012 5,012 Other assets 4,804 1,906 694 Total 108,402 462,948 556,284 Increase (+) or decrease (-) in operating liabilities 8 Liabilities to credit institutions -71,530 -116,419 -114,131 8 Deposits -78,843 -34,192 -117,430 Provisions and other liabilities -8,964 -17,045 -16,337 Total -159,336 -167,655 -247,897 Paid income taxes -16,288 -26,750 -33,114 Total cash flow from operating activities 14,860 364,543 399,820
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Interim Report 30 September 2026 36 Note (1,000 euros) 1-9/2026 Adjusted 1- 9/2025 Adjusted 1- 12/2025 Cash flow from investments Investments in tangible and intangible assets -11,568 -11,192 -18,234 Proceeds from sales of tangible and intangible assets - - 44 17 Acquisition of associated companies and joint ventures - -66 -66 Total cash flow from investments -11,568 -11,258 -18,256 Cash flows from financing activities 9 Debt securities issued to the public, proceeds 24,615 - 214,460 9 Debt securities issued to the public, repayments -224,807 -214,568 -214,568 Payments of lease liabilities -3,363 -3,213 -4,290 Dividends paid -16,601 -11,936 -11,936 Total cash flows from financing activities -220,156 -229,717 -16,334 Net change in cash and cash equivalents -216,863 123,568 365,230 Cash and cash equivalents at the beginning of the accounting period 1,043,918 678,688 678,688 Cash and cash equivalents at the end of the accounting period 827,055 802,256 1,043,918 Cash and cash equivalents are formed by the following items Cash and central bank deposits 760,238 660,359 941,103 5 Receivables from credit institutions repayable on demand 66,817 141,898 102,815 Total 827,055 802,256 1,043,918 Received interest 172,247 200,224 262,927 Paid interest -64,986 -71,330 -97,996 Dividends received 8 234 237
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Interim Report 30 September 2026 37 Note 1 Accounting principles for the Interim Report About the accounting principles The Group’s parent company is Oma Savings Bank Plc, whose domicile is in Seinäjoki and head office is in Lappeenranta, Valtakatu 32, 53100 Lappeenranta. Copies of the Financial Statements, Financial Statements Release, Interim and Half- Year Financial Reports are available on the Company’s website www.omasp.fi. Oma Savings Bank Group is formed as follows: Subsidiary • Real estate company Lappeenrannan Säästökeskus holding 100%% Associated companies • GT Invest Oy holding 48.7% • City Kauppapaikat Oy holding 45.3% Joint ventures • Figure Taloushallinto Oy holding 25% • Deleway Projects Oy holding 49% • SAV-Rahoitus Oyj holding 48.2% Joint operations • Housing company Seinäjoen Oma Savings Bank house holding 30.5% The Interim Report is drawn up in accordance with the IAS 34 Interim Financial Reporting standard. The accounting principles for the Interim Report are the same as in the Financial Statements for 2025, except for the amendments in Note 2. The figures for the Interim Report are presented in thousands of euros unless otherwise specified. The figures in the notes are rounded off, so the combined sum of single figures may deviate from the grand total presented in a table or a calculation. The accounting and functional currency of the Group and its companies is the euro. The Board of Directors has approved the Interim Report Report 1 January – 30 September 2026 in its meeting on 5 November 2026. The Interim Report has been the subject of a general review. Changes to the accounting principles The IFRS 9 and IFRS 7 standards published by the IASB effective from 1 January 2026 are not expected to have material impact on the consolidated financial statements. Other standards or standard changes or interpretations published by the IASB are not expected to have a material impact on the consolidated financial statements. With effect from 1 January 2027, the IASB issued IFRS 18 Presentation and Disclosure in Financial Statements standard is expected to have an impact on consolidated financial statements. IFRS 18 changes the presentation of the income statement when income and expenses are to be classified into three new categories, i.e. business, investment or finance. In addition, companies must present a new sub-total in the profit and loss account, called ‘Profit or loss’ and provide notes on the management-defined performance measures. The Company's main business is to provide financing to customers and most of the income statement items are expected to be part of the main business. Other future standards or standard changes published by the IASB are not expected to have a material impact on the consolidated financial statements. Accounting principles and uncertainties related to estimates requiring management's judgement The preparation of this Interim Report in accordance with IFRS has required certain estimates and assumptions from the Group’s management that affect the number of items presented in the Interim Report and the information provided in the note. The management’s key estimates concern the future and key uncertainties about the reporting date. They are central to, among other things, fair value assessment, impairment of financial assets, loans and other assets, investment assets, tangible and intangible assets. Although the estimates are based on the management’s current best view, it is possible that the outcome differs from the estimates used in the Interim Report. Accounting policies that require management judgement and uncertainties included in estimates are described in the Financial Statements for 2025. Uncertainty in the economic
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Interim Report 30 September 2026 38 operating environment due to the effects of inflation, interest rates and changes in the trade policy may bring changes to the estimates presented in the Financial Statements that require management judgement. The application of the impairment losses on financial assets model under IFRS 9 requires the management to make estimates and assumptions about whether the credit risk associated with the financial instrument has increased significantly since the initial recognition and requires forward- looking information to be considered in the recognition of on- demand credit losses. Information related to these judgements and assumptions of management is presented in Note 3. The following items from business acquisition, which are recognised in the balance sheet under Other liabilities, are open. In December 2021, in connection with the acquisition of Eurajoen Savings Bank's business operations, a liability measured at fair value through profit or loss, totalling EUR 6.5 million, was recognised concerning the five-year fixed-term liability of Eurajoen Savings Bank as a credit institution member leaving the consortium of Savings Bank. In the second quarter, the amount of liability measured in profit or loss is re-assessed and reduced by EUR 0.7 million. During the reporting period, the amount of liability did not change, and EUR 0.7 million liability remains. In connection with the acquisition of Liedon Savings Bank’s business in March 2023, a liability at fair value through profit or loss, totalling EUR 15.0 million, was recognised concerning the five-year fixed-term liability of Liedon Savings Bank as a credit institution member leaving the consortium of Savings Bank. In the second quarter, the amount of liability measured in profit or loss is re-assessed and reduced by EUR 1.5 million. During the reporting period, the amount of liability did not change, and EUR 5.8 million debt remains at the end of the reporting period.
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Interim Report 30 September 2026 39 Note 2 Changes in the presentation of the Interim Report and Financial Statements Correcting the presentation of the balance sheet formula Oma Savings Bank Group revised the official balance sheet formula during the first quarter of 2026. The new balance sheet formula describes the Company's operations better than before. The changes have been made retrospectively for 2025. Changes in the balance sheet formula and cash flow statement on 31 December 2025 and 30 September 2025 a) In the balance sheet, the previously presented Cash and cash equivalents was changed to Cash and central bank deposits. The previously presented Cash and cash equivalents in the cash flow statement were changed to Cash and central bank deposits. b) Uncollected interests on loans have previously been presented as Other assets in the balance sheet. Uncollected interests on loans (EUR 25.4 million on 31 December 2025 and EUR 28.1 million on 30 September 2025) were transferred to Loans and receivables from public and public sector entities in the balance sheet. In addition, Advance interest payments received (EUR -0.3 million on 31 December 2025 and EUR -0.1 million on 30 September 2025) were transferred to the Loans and receivables from credit institutions in the balance sheet, which previously were presented in the balance sheet under Provisions and other liabilities. Changes in interest receivables on Loans and receivables from customers have previously been presented in Other assets in the cash flow statement. Interest rate changes on Loans and receivables from customers (1-9/2025 EUR -3.1 million and 1-12/2025 EUR -0.2 million) were transferred to cash flow statement, Loans and receivables from customers. c) Transferring interests on debt securities have previously been presented in the balance sheet in Other assets. Transferring interests on debt securities (31 December 2025, EUR 3.2 million and 30 September 2025, EUR 2.6 million) were transferred to Investment assets. Changes in interest receivables in Loans and receivables from customers were previously presented in Other assets in the cash flow statement. Changes in interest receivables in Loans and receivables from customers (1-9/2025, EUR 0.7 million and 1-12/2025, EUR 0.0 million) were transferred to Loans and receivables from customers in the cash flow statement. d) Investment properties have previously been presented on the balance sheet as part of Investment. Investment properties (EUR 1.2 million on 31 December 2025 and EUR 0.9 million on 30 September 2025), were segregated into a separate line on the balance sheet Investment properties. e) Deferred tax assets and liabilities have previously been presented as unnetted. Deferred taxes were netted by company and counterparty. f) The outstanding interest on individual loans and TLTRO deposits has previously been shown in the balance sheet line Provisions and other liabilities. The outstanding interest on special loans and TLTRO deposits (EUR 0.1 million on 31 December 2025 and EUR 0.5 million on 30 September 2025) was transferred to the balance sheet line Liabilities to credit institutions. The change in interest liabilities on Liabilities to credit institutions has previously been presented in Provisions and other liabilities in the balance sheet. Liabilities to credit institutions interest rate changes (1-9/2025 EUR 0.0 million and 1-12/2025 EUR - 0.3 million) were transferred to the line Liabilities to credit institutions in the cash flow statement. g) The outstanding interest on deposits has previously been shown in the balance sheet Provisions and other liabilities. The outstanding interest on deposits (EUR 10.1 million on 31 December 2025 and EUR 18.0 million on 30 September 2025) was transferred to the balance sheet line Liabilities to the public and public sector entities. The change in interest liabilities on deposits has previously been presented in the Provisions and other liabilities in the cash flow statement. Changes in interest payables on deposits (1-9/2025 EUR 8.8 million and 1- 12/2025 EUR 0.8 million) were transferred to Deposits in the cash flow statement.
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Interim Report 30 September 2026 40 h) The outstanding interest on bonds issued has previously been shown in the line Provisions and other liabilities on the balance sheet. The outstanding interest on the bonds issued (EUR 30.1 million on 31 December 2025 and EUR 25.0 million on 30 September 2025) was transferred to the balance sheet Debt securities issued to the public. i) The outstanding interest on debentures has previously been presented in Provisions and other liabilities on the balance sheet. The outstanding interest on debentures (EUR 1.0 million on 31 December 2025 and EUR 1.2 million on 30 September 2025) was transferred to the balance sheet Subordinated debts. j) The order in which the balance sheet rows were presented was changed to better reflect the order of liquidity. The balance sheet is presented starting with the most liquid item.
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Interim Report 30 September 2026 41 Change calculation Reference Assets (1,000 euros) Reported 31 Dec 2025 Changes Adjusted 31 Dec 2025 a) Cash and central bank deposits 941,103 - 941,103 Loans and receivables to credit institutions 103,315 - 103,315 b) Loans and receivables to the public and public sector entities 5,707,576 25,125 5,732,702 Financial derivatives 55,180 - 55,180 c) d) Investment assets 503,262 2,055 505,317 d) Investment properties - 1,181 1,181 Equity accounted entities 15,068 - 15,068 Tangible assets 39,683 - 39,683 Intangible assets 24,269 - 24,269 b) c) Other assets 44,016 -28,628 15,388 Current income tax assets 8,957 - 8,957 e) Deferred tax assets 11,484 -11,375 109 Goodwill 20,090 - 20,090 Assets, total 7,474,004 -11,642 7,462,363 Reference Liabilities (1,000 euros) Reported 31 Dec 2025 Changes Adjusted 31 Dec 2025 f) Liabilities to credit institutions 124,899 97 124,996 g) Liabilities to the public and public sector entities 3,854,224 10,075 3,864,300 Financial derivatives 3,954 - 3,954 h) Debt securities issued to the public 2,680,549 30,111 2,710,660 e) Deferred tax liabilities 29,169 -11,375 17,794 b) f) g) h) i) Provisions and other liabilities 102,381 -41,551 60,830 i) Subordinated liabilities 60,000 1,001 61,001 Liabilities, total 6,855,175 -11,642 6,843,533 Equity Reported 31 Dec 2025 Changes Adjusted 31 Dec 2025 Share capital 24,000 - 24,000 Reserves 172,742 - 172,742 Retained earnings 422,087 - 422,087 Shareholders of Oma Savings Bank Plc 618,829 - 618,829 Shareholders of Oma Savings Bank Plc 618,829 - 618,829 Equity, total 618,829 - 618,829 Liabilities and equity, total 7,474,004 -11,642 7,462,363
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Interim Report 30 September 2026 42 Reference Assets (1,000 euros) Reported 30 September 2025 Changes Adjusted 30 September 2025 a) Cash and central bank deposits 660,359 - 660,359 Loans and receivables to credit institutions 142,398 - 142,398 b) Loans and receivables to the public and public sector entities 5,801,672 28,083 5,829,755 Financial derivatives 66,335 - 66,335 c) d) Investment assets 506,162 1,697 507,859 d) Investment properties - 901 901 Equity accounted entities 18,282 - 18,282 Tangible assets 38,045 - 38,045 Intangible assets 19,236 - 19,236 b) c) Other assets 245,077 -30,822 214,255 Current income tax assets 6,688 - 6,688 e) Deferred tax assets 11,791 -11,650 141 Goodwill 20,090 - 20,090 Assets, total 7,536,135 -11,790 7,524,344 Reference Liabilities (1,000 euros) Reported 30 September 2025 Changes Adjusted 30 September 2025 f) Liabilities to credit institutions 122,848 480 123,328 g) Liabilities to the public and public sector entities 3,942,649 18,039 3,960,688 Financial derivatives 10,055 - 10,055 h) Debt securities issued to the public 2,661,621 25,044 2,686,665 e) Deferred tax liabilities 30,835 -11,650 19,185 b) f) g) h) i) Provisions and other liabilities 102,901 -44,875 58,026 i) Subordinated liabilities 60,000 1,172 61,172 Liabilities, total 6,930,910 -11,790 6,919,120 Equity Reported 30 September 2025 Changes Adjusted 30 September 2025 Share capital 24,000 - 24,000 Reserves 169,289 - 169,289 Retained earnings 411,935 - 411,935 Shareholders of Oma Savings Bank Plc 605,224 - 605,224 Shareholders of Oma Savings Bank Plc 605,224 - 605,224 Equity, total 605,224 - 605,224 Liabilities and equity, total 7,536,135 -11,790 7,524,344
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Interim Report 30 September 2026 43 Note 3 Risk management Risk management strategy The Company’s overall risk management system is described in the risk management strategy confirmed by the Board of Directors. The risk management strategy describes all risk categories company-wide, covering the most key arrangements to ensure that the observations and findings of the independent risk control are regularly discussed by committees consisting of business operations and independent functions. The practical implementation and documentation of the risk management strategy is supported by the uniform control and observation recording systems. Liquidity risk Liquidity risk can be defined as the difference between the balance of incoming and outgoing cash flows. The risk may materialise if the Company is unable to meet its outstanding payment obligations or an acceptable balance cannot be achieved within the tolerable cost limits. The Company’s largest liquidity risks arise from the maturity gap between borrowing and lending and from the refinancing of larger bonds. The management of Oma Savings Bank Plc’s liquidity risk is based on the Company’s ability to procure sufficient cash that is competitive in price in both the short and long term. An important part of liquidity risk management is planning the Company’s financial position for different times in the future. Liquidity risk management is supported by active risk management, balance sheet and cash flow monitoring, and internal calculation models. Constant monitoring of liquidity is important for the Company to be able to manage cash outflows. The Company’s liquidity risk is also managed by monitoring and forecasting changes in market factors and market developments. Liquidity management includes liquidity reserve management to ensure that the Company has sufficient liquid assets available. The purpose of the Company’s liquidity reserve is, under exceptional circumstances, to cover the Company’s maturing payment obligations for at least one month. In addition, liquidity reserve planning prepares for unexpected events such as deteriorating market conditions. The Company's liquidity buffer consists of highly liquid central bank eligible securities and cash in accordance with the LCR regulation. The size of the liquidity buffer was EUR 1207.4 (1 404.8) million at the end of the third quarter. The Company’s main measures of liquidity risk assessment are the Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR) and as a new measure, a minimum survival horizon of at least 90 days. The survival horizon is based on the additional liquidity requirement set by the Finnish Financial Supervisory Authority (FIN-FSA) for the Company to maintain a minimum survival horizon of at least three months, applying the risk weights according to the stress test methodology of the European Central Bank. The Group’s LCR remained strong, standing at 313.5% at the end of the third quarter. At the end of the third quarter, the NSFR was 128.8%. The Company met the additional liquidity requirement and the survival horizon set by FIN-FSA was over 90 days at the end of the third quarter. 30 Sep 2026 30 Jun 2026 31 Mar 2026 31 Dec 2025 30 Sep 2025 LCR 313.5% 320.3% 339.3% 391.1% 838.9% NSFR 128.8% 128.4% 129.5% 129.6% 130.6% The Company's liquidity risk position remained at a good level throughout the third quarter. The Company’s covered bond of EUR 500 million matures in December 2026. Credit risk Credit risk refers to the risk that a contracting party to a financial instrument will not be able to meet its obligations, thereby causing the other party financial loss. Oma Savings Bank Plc’s credit risk primarily consists of exposures secured by immovable property, retail exposures and SME customer loans. The goal of credit risk management is to limit the profit and loss and capital adequacy effects of risks resulting from customer exposures to an acceptable level. Credit risk management and procedures have been described in Note G2 of the 2025 Financial Statements. The Finnish economy and especially the real estate market, are in a slow recovery phase, which has been reflected in the growth in non-performing exposures and expected credit losses. The growth of non-performing exposures has mainly focused on the corporate customer segment, especially the real estate industry. The lead times of debt collection process
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Interim Report 30 September 2026 44 are still long, which is especially affected by prolonged realisation periods of real estate collateral. The update of the non-performing exposures strategy prepared in the third quarter of 2025 was launched during the third quarter. The objective of the update is to enhance measures related to the reduction of non-performing exposures and to ensure that the targets are met within the planned schedule. In addition, the Company continuously evaluates the possibilities of reducing the amount of non- performing exposures through various arrangements. The progress of the strategy and the effectiveness of the measures are monitored regularly as part of risk management processes. The Company has continued to develop credit risk management processes with particular emphasis on improving the efficiency, monitoring and early identification of risks of credit granting processes. In particular, the Company has invested in improving the efficiency of early-stage collection operations by strengthening the resources of the early- recovery unit and developing lending processes for new loans to ensure favourable development of credit quality. The aim of these measures and developments has been to improve process efficiency, reduce risk and ensure the quality of customer experience at all stages of the credit life cycle. The share of non-performing exposures of total loan portfolio increased and was 9.5 (8.9)% on 30 September 2026. The share of the portfolio related to non-compliance with the guidelines was 2.4 (2.9)%. The Company monitors the development of possible payment delays and repayment exemption applications as well as the development of values of collaterals. The share of the forbearances was 4.4 (3.4)% at the end of the third quarter and the share of the portfolio related to non-compliance with the guidelines was 0.3 (0.3)%. Non-performing exposures with forbearances was 2.6 (1.9)%. The changes are explained by the slow economic recovery described above and its effects. Impairment losses on financial assets Impairment losses on loan portfolio were EUR 14.2 (10.1) million in the third quarter. During the reporting period, the level of impairment losses was particularly affected by an increase in the number of defaulted exposures, adjustments to individual agreements based on the management's judgement and an increase in the number of defaulted exposures. During the third quarter, credit losses amounted to EUR 1.8 (0.9) million. The calculation of expected credit loss (ECL) involves in part management judgement, in particular with regard to factors relating to forward-looking macroeconomic assumptions. Economic forecasts are subject to estimation uncertainty, as actual economic development may differ from the used assumptions. Distribution by risk class The Company classifies all its customers into risk classes based on information available on the counterparty. The classification uses its own internal assessment and external credit rating data. Monitoring is continuous and can lead to a transfer from one risk class to another. In lending, risk concentration may occur, for example, when the loan portfolio includes large amounts of loans and other liabilities: • to a single counterparty • to groups that are made up of individual counterparties or entities tied to them • to specific sectors • against certain collateral • whose maturity is the same or • whose product/instrument is the same.
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Interim Report 30 September 2026 45 Interest rate risk The interest rate risk in the banking book forms most of the Company’s interest rate risk. The interest rate risk arises from differences in the interest rate levels and maturities of assets and liabilities. In line with the Company's business model, most of the lending is linked to variable market rates, with borrowing being mainly fixed rate. Due to the structure of the Company's balance sheet, the net interest income decreases as market interest rates fall and increases as market interest rates rise. In addition, market interest rates affect the market prices of the securities in the investment portfolio. The amount of interest rate risk is reported regularly to the Board of Directors, which has set an upper limit for the interest rate risk. The interest rate risk arising from the structure of the balance sheet is mainly hedged by interest rate swaps, which improve the interest margin as market interest rates fall. The Company can acquire hedges to manage its deposit funding and bond interest rate risk. Moreover, the Company uses interest rate swaps to protect against fluctuations in the value of the market interest rates of the investment portfolio. The Company's systematic interest rate risk management balances the interest rate based on receivables and liabilities and reduces fluctuations in interest margin as market interest rates change. During the third quarter, the European Central Bank raised its key interest rates by 25 basis points. During the third quarter, market interest rates rose, especially in the case of long-term interest rates. Despite the changes in the interest rate level, the Company's interest rate risk position remained at a good level throughout the review period, and the development of market interest rates did not cause any material changes in the interest rate risk position. Market risk The Company is primarily exposed to market risk in the form of spread risk, arising from fluctuations in the market prices of bonds held in its investment portfolio. The spread risk is related to the credit ratings of the instruments’ issuers and the markets’ general sentiment towards credit risk-linked instruments. Spread risk is managed by, among other things, decentralising the content of the investment portfolio to a sufficient extent. Diversification of investments reduces the risk of concentration arising from individual investments. The Company's spread risk is calculated regularly using an internal calculation model and the amount of spread risk is reported to the Board of Directors on a regular basis. The calculation model is based on the Value at Risk (VaR) model, whichcalculates the maximum loss at a 95 percent confidence level on a 12-month horizon. In addition, the allocations used in the model are monitored regularly to avoid tail risk. Separate monitoring limits and a maximum amount are set for VaR risk. In accordance with the Company's investment strategy, the liquidity buffer is partially hedged with interest rate derivatives to smooth the variation in the price of securities. The Company regularly monitors the market value of securities acquired for investment purposes and the cash flows related to their transactions. The Company's liquidity buffer investments are mainly in EU countries’ government bonds with good ratings and covered bonds. The Company complies with counterparty risks approved by the Board of Directors, which are reported together with the composition of the investment portfolio to the Company's management on a regular basis. On 30 September 2026, the market value of the investment portfolio was EUR 509.0 (521.9) million. Oma Savings Bank Plc does not trade shares for trading purposes, and the price risk of the shares does not have a material impact on the Group's financial position. Interest rate risk sensitivity to 1% change in interest rate 30 Sep 2026 31 Dec 2025 30 Sep 2025 (1,000 euros) -1% change + 1% change -1% change + 1% change -1% change + 1% change Change 1-12 mos -176 325 -6,777 3,321 -7,638 4,123 Change 13-24 mos -12,728 13,669 -20,821 17,481 -22,755 18,119 96,4 % 3,6 % Portfolio structure (%) Debt securities Unlisted stocks & other securities
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Interim Report 30 September 2026 46 Matured and non-performing exposures and forbearances (1,000 euros) 30 Sep 2026 % of credit portfolio 31 Dec 2025 % of credit portfolio 30 Sep 2025 % of credit portfolio Matured exposures, 31-90 days 27,342 0.5% 26,312 0.4% 22,353 0.4% Non-matured or matured less than 91 days, non-repayment likely 192,904 3.3% 197,662 3.4% 190,721 3.2% Non-performing exposures, 91-180 days 39,285 0.7% 39,216 0.7% 86,398 1.4% Non-performing exposures, 181 days - 1 year 52,267 0.9% 142,526 2.4% 112,127 1.9% Non-performing exposures, > 1 year 266,477 4.6% 145,644 2.5% 125,540 2.1% Matured and non-performing exposures total 578,276 10.0% 551,360 9.4% 537,139 9.0% Non-performing exposures total 550,933 9.5% 525,048 8.9% 514,786 8.6% of which portfolio related to non-compliance with the guidelines, total 140,264 2.4% 168,877 2.9% 169,896 2.8% of which other portfolio, total 410,669 7.1% 356,171 6.1% 344,890 5.8% Performing exposures and matured exposures with forbearances 101,035 1.7% 87,000 1.5% 86,352 1.4% Non-performing exposures with forbearances 151,972 2.6% 111,393 1.9% 90,661 1.5% Forbearances total 253,007 4.4% 198,393 3.4% 177,013 3.0% of which portfolio related to non-compliance with the guidelines, total 17,107 0.3% 16,984 0.3% 17,247 0.3% of which other portfolio total 235,900 4.1% 181,409 3.1% 159,766 2.7% Figures include interest due on items. The Company has refined the FINREP calculation underlying the figures in the table during 2025 and transferred to a new reporting system as of 31 December 2025. The key figures for the comparison period are not fully comparable with each other. The updated calculation takes into account all overdue expenses, capital and interest related to the loan more extensively than before. In addition, the Company has updated the customer relationships of the portfolio of the non-compliance with the guidelines in the reporting of that table in the first quarter. The comparison figures have not been calculated retrospectively and are therefore not fully comparable.
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Interim Report 30 September 2026 47 Geographic breakdown of collaterals (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Region Collateral value Share (%) Collateral value Share (%) Collateral value Share (%) Southwest Finland 1,824,461 23.6% 1,870,822 23.9% 1,892,193 24.2% Uusimaa 1,064,636 13.8% 1,077,361 13.8% 1,052,100 13.4% South Ostrobothnia 1,041,964 13.5% 1,076,178 13.8% 1,085,859 13.9% Pirkanmaa 756,184 9.8% 783,402 10.0% 783,882 10.0% Satakunta 502,384 6.5% 507,638 6.5% 513,927 6.6% South Karelia 476,156 6.2% 484,990 6.2% 489,485 6.3% Kanta-Häme 278,694 3.6% 276,408 3.5% 279,075 3.6% Kymenlaakso 255,491 3.3% 265,096 3.4% 267,701 3.4% Central Finland 251,409 3.3% 245,851 3.2% 245,915 3.1% South Savo 213,354 2.8% 219,384 2.8% 221,132 2.8% North Ostrobothnia 212,595 2.8% 207,339 2.7% 200,833 2.6% North Karelia 209,689 2.7% 183,784 2.4% 182,679 2.3% Päijät-Häme 195,202 2.5% 184,739 2.4% 184,389 2.4% Other regions 446,472 5.8% 430,439 6.0% 435,605 6.0% Total 7,728,692 100.0% 7,813,432 100.0% 7,834,775 100.0%
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Interim Report 30 September 2026 48 Geographic breakdown of loan portfolio (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Region Credit balance Share (%) Credit balance Share (%) Credit balance Share (%) South Ostrobothnia 1,102,178 19.2% 1,172,181 20.0% 1,179,358 19.8% Southwest Finland 1,037,033 18.1% 1,105,132 18.9% 1,132,005 19.0% Uusimaa 931,093 16.2% 910,473 15.5% 894,554 15.0% Pirkanmaa 602,816 10.5% 598,274 10.2% 611,721 10.3% Satakunta 390,237 6.8% 401,179 6.8% 410,393 6.9% South Karelia 225,977 3.9% 237,581 4.1% 243,386 4.1% Central Finland 225,738 3.9% 217,395 3.7% 219,976 3.7% North Ostrobothnia 203,447 3.5% 187,463 3.2% 188,186 3.2% Kanta-Häme 183,493 3.2% 194,627 3.3% 197,749 3.3% South Savo 157,769 2.8% 163,866 2.8% 162,177 2.7% Päijät-Häme 148,306 2.6% 138,707 2.4% 140,857 2.4% North Karelia 131,857 2.3% 130,186 2.2% 131,635 2.2% Kymenlaakso 126,076 2.2% 135,439 2.3% 137,774 2.3% Other regions 270,262 4.7% 267,411 4.6% 300,234 5.0% Total 5,736,283 100.0% 5,859,914 100.0% 5,950,004 100.0% Figures do not include interest due on items.
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Interim Report 30 September 2026 49 Industry breakdown of loan portfolio (excluding private customers) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Industry Share of the loan portfolio Collateral gap Share of the loan portfolio Collateral gap Share of the loan portfolio Collateral gap Real Estate 49.1% 13.6% 47.8% 12.9% 46.8% 12.8% Agriculture, forestry, fishing industry 12.1% 6.3% 12.5% 5.7% 12.4% 11.4% Finance and insurance 7.2% 36.6% 6.1% 37.1% 6.1% 37.3% Construction 5.1% 19.8% 5.7% 19.9% 5.9% 20.4% Trade 4.5% 45.3% 5.5% 38.7% 5.5% 39.5% Professional, scientific and technical activities 3.6% 26.5% 3.5% 25.9% 3.6% 25.6% Industry 3.1% 27.2% 3.0% 29.1% 3.0% 26.3% Transportation and storage 2.6% 8.9% 2.7% 10.8% 2.8% 11.5% Art, entertainment and recreation 2.5% 17.5% 2.6% 18.6% 2.6% 13.2% Accommodation and food service activities 2.1% 17.5% 2.5% 13.4% 2.4% 19.5% Other lines of business, total 8.0% 13.5% 8.2% 16.0% 8.8% 20.0% Total 100% 17.1% 100.0% 16.6% 100% 17.6% The collateral gap describes the share of the loan portfolio that is not covered by collateral security. Figures do not include interest due on items.
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Interim Report 30 September 2026 50 Large exposures (as set in part four in capital requirements regulation) Groups (1,000 euros) Exposure before adjustments Adjustments Exposure after adjustments Share of capital (Tier 1) Customer group 1 147,571 -61,505 86,066 15.5% Customer group 2 22,984 - 22,984 4.1% Customer group 3 22,886 -1,961 20,925 3.8% Customer group 4 20,614 -22 20,592 3.7% Customer group 5 17,253 - 17,253 3.1% Sum 231,309 -63,488 167,820 Total exposure of customer groups 231,309 -63,488 167,820 The table shows the total amount of exposure of the five largest customer entities and its share of Tier 1 Equity. Different customer groups may include the same individual customer relationships, i.e. the total exposure of different customer groups may include the same individual customer exposure. Total exposure of customer groups is presented on two different lines. The line "Sum" adds up the exposure of all customer entities. The line "Total exposure of customer groups" shows the total amount of exposure so that the individual customer's exposures are calculated only once. If the lines match, there are no identical individual customers within the customer entities. Adjustments include acceptable credit risk mitigation techniques and exemptions in accordance with part four.
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Interim Report 30 September 2026 51 Group’s loan portfolio and expected credit losses by customer group Private customer 30 Sep 2026 30 Jun 2026 31 Mar 2026 31 Dec 2025 30 Sep 2025 30 Jun 2025 Private customer 3,535,118 3,557,530 3,580,444 3,622,010 3,650,017 3,671,986 -Expected credit losses -39,379 -38,507 -36,678 -33,920 -31,324 -30,882 Corporate customer 1,062,884 1,065,150 1,077,328 1,085,896 1,162,163 1,194,962 -Expected credit losses -72,543 -65,779 -62,570 -58,819 -60,604 -52,020 Housing company 644,799 643,784 656,474 658,888 646,389 655,548 -Expected credit losses -27,792 -24,002 -23,497 -23,442 -23,065 -23,575 Agricultural customer 274,372 279,986 284,527 287,363 294,428 295,225 -Expected credit losses -11,250 -10,388 -10,171 -9,752 -9,598 -8,712 Other 219,110 223,643 225,827 205,757 197,006 200,444 -Expected credit losses -27,302 -27,101 -26,432 -26,405 -23,741 -23,665 Credit balance total 5,736,283 5,770,094 5,824,599 5,859,914 5,950,004 6,018,165 Expected credit losses total -178,266 -165,778 -159,347 -152,338 -148,332 -138,854 Figures do not include interest due on items.
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Interim Report 30 September 2026 52 Loans and receivables and off-balance sheet commitments by risk rating and credit risk concentrations Risk rating 1: Low-risk items are considered to include the Company's internal credit rating of AAA level private, SME customers, housing association and other customers and AAA-AA+ level agricultural customers. Risk rating 2: Reasonable risk items include the Company's internal credit rating of AA-B+ level private customers, AA-A+ level SME customers, housing associations and other customers and AA-A level agricultural customers. Risk rating 3: Increased risk items include the Company's internal credit rating of B-C-level private customers and A-B-level SME customers and housing associations, as well as B+-B-level agricultural and other customers Risk rating 4: The highest risk items are considered to be the Company's internal credit rating of D-level private customers, C-level SME customers and housing associations, C-D-level agricultural customers, C-D-level other customers and defaulted customers. The ‘No rating’ item includes loans and debt securities for which the Company has not defined credit ratings or for which there are no external credit ratings available. Figures do not include interest due on items. Private customers 30 Sep 2026 Loans and receivables and off-balance sheet commitments (1,000 euros) Stage 1 Stage 2 Stage 3 Total 31 Dec 2025 30 Sep 2025 Risk rating 1 1,474,729 16,031 - 1,490,761 1,482,744 1,513,613 Risk rating 2 1,689,625 200,328 - 1,889,953 1,962,568 1,970,218 Risk rating 3 5,813 122,319 - 128,132 142,713 142,019 Risk rating 4 2,523 60,027 157,443 219,993 213,867 205,683 No rating 46 8,187 - 8,233 3,626 3,259 Capital items by risk category, total 3,172,737 406,892 157,443 3,737,072 3,805,518 3,834,793 Loss allowance (ECL) 770 6,634 32,619 40,023 34,352 31,443 Total 3,171,967 400,258 124,824 3,697,049 3,771,165 3,803,349 Loss allowance (ECL) (1,000 euros) 30 Sep 2026 30 Jun 2026 31 Mar 2026 31 Dec 2025 30 Sep 2025 Stage 1 770 803 853 872 894 Stage 2 6,634 5,811 6,015 5,916 6,421 Stage 3 32,619 32,386 30,269 27,564 24,128 Total 40,023 39,000 37,138 34,352 31,443 Coverage ratio, % 30 Sep 2026 30 Jun 2026 31 Mar 2026 31 Dec 2025 30 Sep 2025 Stage 1 0.02 0.03 0.03 0.03 0.03 Stage 2 1.6 1.4 1.4 1.4 1.7 Stage 3 20.7 20.3 19.5 18.7 17.9
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Interim Report 30 September 2026 53 SMEs 30 Sep 2026 Loans and receivables and off-balance sheet commitments (1,000 euros) Stage 1 Stage 2 Stage 3 Total 31 Dec 2025 30 Sep 2025 Risk rating 1 352,847 17,230 - 370,077 415,810 428,669 Risk rating 2 325,805 89,917 - 415,722 416,906 420,539 Risk rating 3 30,817 144,078 - 174,895 103,068 146,053 Risk rating 4 3,133 7,005 231,963 242,101 227,293 239,667 No rating 28 1,134 - 1,162 656 549 Capital items by risk category, total 712,629 259,365 231,963 1,203,958 1,163,733 1,235,477 Loss allowance (ECL) 231 1,599 72,133 73,964 60,151 61,740 Total 712,398 257,766 159,830 1,129,994 1,103,583 1,173,737 Loss allowance (ECL) (1,000 euros) 30 Sep 2026 30 Jun 2026 31 Mar 2026 31 Dec 2025 30 Sep 2025 Stage 1 231 273 242 243 268 Stage 2 1,599 1,305 1,393 1,620 2,200 Stage 3 72,133 65,723 62,416 58,288 59,272 Total 73,964 67,301 64,051 60,151 61,740 Coverage ratio, % 30 Sep 2026 30 Jun 2026 31 Mar 2026 31 Dec 2025 30 Sep 2025 Stage 1 0.03 0.04 0.03 0.03 0.03 Stage 2 0.6 0.6 0.7 0.8 1.1 Stage 3 31.1 29.9 28.1 27.1 25.9
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Interim Report 30 September 2026 54 Housing associations 30 Sep 2026 Loans and receivables and off-balance sheet commitments (1,000 euros) Stage 1 Stage 2 Stage 3 Total 31 Dec 2025 30 Sep 2025 Risk rating 1 419,386 1,087 - 420,473 542,233 521,138 Risk rating 2 134,467 25,571 - 160,038 44,673 52,085 Risk rating 3 3,113 17,285 - 20,398 12,687 13,294 Risk rating 4 2 989 63,292 64,283 69,402 69,690 No rating 20 - - 20 - 2 Capital items by risk category, total 556,988 44,933 63,292 665,212 668,995 656,210 Loss allowance (ECL) 130 218 27,496 27,844 23,450 23,067 Total 556,858 44,714 35,796 637,368 645,545 633,143 Loss allowance (ECL) (1,000 euros) 30 Sep 2026 30 Jun 2026 31 Mar 2026 31 Dec 2025 30 Sep 2025 Stage 1 130 115 90 229 221 Stage 2 218 232 81 92 267 Stage 3 27,496 23,665 23,330 23,129 22,579 Total 27,844 24,012 23,501 23,450 23,067 Coverage ratio, % 30 Sep 2026 30 Jun 2026 31 Mar 2026 31 Dec 2025 30 Sep 2025 Stage 1 0.02 0.02 0.02 0.04 0.04 Stage 2 0.5 0.7 0.5 0.5 1.7 Stage 3 43.4 34.7 33.6 33.3 33.1
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Interim Report 30 September 2026 55 Agriculture 30 Sep 2026 Loans and receivables and off-balance sheet commitments (1,000 euros) Stage 1 Stage 2 Stage 3 Total 31 Dec 2025 30 Sep 2025 Risk rating 1 84,421 1,488 - 85,909 89,861 92,405 Risk rating 2 120,408 8,484 - 128,892 138,113 139,888 Risk rating 3 8,719 14,956 - 23,676 22,834 25,450 Risk rating 4 52 9,610 25,048 34,709 30,301 30,677 No rating 177 13,149 - 13,326 16,454 16,735 Capital items by risk category, total 213,777 47,687 25,048 286,512 297,563 305,156 Loss allowance (ECL) 182 669 10,461 11,312 9,815 9,619 Total 213,595 47,018 14,587 275,200 287,748 295,537 Loss allowance (ECL) (1,000 euros) 30 Sep 2026 30 Jun 2026 31 Mar 2026 31 Dec 2025 30 Sep 2025 Stage 1 182 181 169 177 237 Stage 2 669 814 593 552 539 Stage 3 10,461 9,469 9,459 9,086 8,843 Total 11,312 10,463 10,221 9,815 9,619 Coverage ratio, % 30 Sep 2026 30 Jun 2026 31 Mar 2026 31 Dec 2025 30 Sep 2025 Stage 1 0.09 0.08 0.08 0.08 0.10 Stage 2 1.4 1.5 1.2 1.1 1.5 Stage 3 41.8 41.9 40.3 40.4 39.3
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Interim Report 30 September 2026 56 Others 30 Sep 2026 Loans and receivables and off-balance sheet commitments (1,000 euros) Stage 1 Stage 2 Stage 3 Total 31 Dec 2025 30 Sep 2025 Risk rating 1 69,954 4,652 - 74,606 33,777 36,378 Risk rating 2 85,113 3,208 - 88,322 117,164 117,512 Risk rating 3 - 1,253 - 1,253 2,538 2,646 Risk rating 4 4 39 62,571 62,615 58,333 49,102 No rating 5 116 - 121 87 37 Capital items by risk category, total 155,076 9,269 62,571 226,916 211,900 205,675 Loss allowance (ECL) 55 59 27,217 27,331 26,464 23,758 Total 155,021 9,210 35,354 199,585 185,436 181,917 Loss allowance (ECL) (1,000 euros) 30 Sep 2026 30 Jun 2026 31 Mar 2026 31 Dec 2025 30 Sep 2025 Stage 1 55 49 112 109 133 Stage 2 59 184 147 87 29 Stage 3 27,217 26,962 26,184 26,268 23,596 Total 27,331 27,195 26,444 26,464 23,758 Coverage ratio, % 30 Sep 2026 30 Jun 2026 31 Mar 2026 31 Dec 2025 30 Sep 2025 Stage 1 0.04 0.04 0.08 0.08 0.09 Stage 2 0.6 0.4 0.5 0.9 0.7 Stage 3 43.5 42.9 45.3 45.1 48.1 Debt securities 30 Sep 2026 Debt securities (1,000 euros) Stage 1 Stage 2 Stage 3 Total 31 Dec 2025 30 Sep 2025 Risk rating 1 464,765 867 - 465,632 476,549 478,330 Risk rating 2 - - - - 1,027 1,043 Risk rating 3 - 941 - 941 - - No rating 17,195 1,859 - 19,054 15,501 15,483
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Interim Report 30 September 2026 57 Capital items by risk category, total 481,960 3,666 - 485,626 493,077 494,856 Loss allowance (ECL) 220 29 - 248 275 286 Total 481,741 3,638 - 485,378 492,802 494,569 Loss allowance (ECL) (1,000 euros) 30 Sep 2026 30 Jun 2026 31 Mar 2026 31 Dec 2025 30 Sep 2025 Stage 1 220 234 240 260 279 Stage 2 29 33 36 15 7 Total 248 268 276 275 286 Coverage ratio, % 30 Sep 2026 30 Jun 2026 31 Mar 2026 31 Dec 2025 30 Sep 2025 Stage 1 0.05 0.05 0.05 0.05 0.06 Stage 2 0.8 0.7 0.8 0.7 0.6 Loans and receivables and off-balance sheet commitments by industry (1,000 euros) Risk rating 1 Risk rating 2 Risk rating 3 Risk rating 4 No rating 30 Sep 2026 31 Dec 2025 30 Sep 2025 Enterprises 798,184 625,047 193,163 321,362 13,800 1,951,557 1,919,730 1,967,526 Real estate 488,200 358,431 85,003 195,903 69 1,127,606 1,094,883 1,097,260 Agriculture 939 49,488 264 2,286 12,724 65,700 68,023 69,780 Construction 66,022 35,441 16,407 20,805 147 138,822 126,757 134,361 Accommodation and food service activities 8,664 20,763 7,596 14,147 100 51,269 56,092 59,628 Wholesale and retail 38,277 43,618 10,859 25,360 168 118,281 131,821 134,230 Finance and insurance 14,301 9,360 19,429 11,861 46 54,998 49,048 50,642 Others 181,781 107,947 53,605 51,001 546 394,880 393,106 421,625 Public entities 135 15,604 - - 10 15,749 15,997 15,776 Non-profit communities 56,487 10,785 483 1,653 14 69,422 71,351 72,523 Financial and insurance institutions 7,958 56,649 770 47,154 91 112,622 91,627 95,289 Households 1,579,062 1,974,841 153,938 253,533 8,947 3,970,320 4,049,003 4,086,199 Total 2,441,826 2,682,926 348,354 623,702 22,862 6,119,670 6,147,709 6,237,311
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Interim Report 30 September 2026 58 Operational risk Operational risks cover, among other things, risks related to manual processes, internal controls systems and personnel dependencies, among other things. Oma Savings Bank Plc has continued to develop risk management practices and strengthen monitoring as part of normal operations, with the aim of preventing and managing operational risks. Operational risks continue to emphasise risks related to process quality, control efficiency and continuity of operations. Cyber risks remain a key part of the operational risk field. Investments have been made in the prevention and management of cyber threats through technological solutions, the competence of personnel and cooperation with service providers. Particular attention has been paid to ensuring the resilience and continuity and resilience of critical systems. The risk assessment has been carried out using a scenario-based approach, which examines the likelihood and impact of threats on the Company's operations. The management of personnel-related risks has been strengthened by supporting competence development, the retention of key competencies, and the continuity of resources in critical functions. Changes in the operating environment have highlighted the importance of staff availability and retention in operational risk management. The prevention against financial crime has been strengthened by developing system support, processes and personnel skills. The measures support the Company's ability to detect and prevent misconduct and to respond effectively to observed deviations.
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Interim Report 30 September 2026 59 Note 4 Classification of financial assets and liabilities Assets (1,000 euros) Amortised cost Fair value through other comprehensive income Fair value through profit or loss Hedging derivatives Carrying value, total Fair value 30 Sep 2026 Cash and central bank deposits 760,238 - - - 760,238 760,238 Loans and receivables to credit institutions 78,877 - - - 78,877 78,877 Loans and receivables to customers* 5,589,513 - - - 5,589,513 5,589,513 Derivatives, hedge accounting - - - 10,020 10,020 10,020 Debt instruments - 488,575 1,213 - 489,788 489,788 Equity instruments - - 4,078 - 4,078 4,078 Financial assets, total 6,428,627 488,575 5,291 10,020 6,932,513 6,932,513 Investments in associated companies 14,563 14,563 Investment properties 1,087 1,087 Other assets 119,476 119,476 Assets, total 6,428,627 488,575 5,291 10,020 7,067,639 7,067,639 Liabilities (1,000 euros) Other liabilities Hedging derivatives Carrying value, total Fair value 30 Sep 2026 Liabilities to credit institutions* 53,467 - 53,467 53,467 Liabilities to customers* 3,724,856 - 3,724,856 3,724,856 Derivatives, hedge accounting - 16,136 16,136 16,136 Debt securities issued to the public 2,517,067 - 2,517,067 2,457,585 Subordinated liabilities 61,172 - 61,172 61,172 Financial liabilities, total 6,356,562 16,136 6,372,698 6,313,216 Non-financial liabilities 68,025 68,025 Liabilities, total 6,356,562 16,136 6,440,723 6,381,241 * Fair value is considered to be materially equivalent to book value.
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Interim Report 30 September 2026 60 Assets (1,000 euros) Amortised cost Fair value through other comprehensive income Fair value through profit or loss Hedging derivatives Carrying value, total Fair value 31 Dec 2025 Cash and central bank deposits 941,103 - - - 941,103 941,103 Loans and receivables to credit institutions 103,315 - - - 103,315 103,315 Loans and receivables to customers* 5,732,702 - - - 5,732,702 5,732,702 Derivatives, hedge accounting - - - 55,180 55,180 55,180 Debt instruments - 496,588 1,116 - 497,704 497,704 Equity instruments - - 7,614 - 7,614 7,614 Financial assets, total 6,777,120 496,588 8,729 55,180 7,337,617 7,337,617 Investments in associated companies 15,068 15,068 Investment properties 1,181 1,181 Other assets 108,496 108,496 Assets, total 6,777,120 496,588 8,729 55,180 7,462,363 7,462,363 Liabilities (1,000 euros) Other liabilities Hedging derivatives Carrying value, total Fair value 31 Dec 2025 Liabilities to credit institutions* 124,996 - 124,996 124,996 Liabilities to customers* 3,864,300 - 3,864,300 3,864,300 Derivatives, hedge accounting - 3,954 3,954 3,954 Debt securities issued to the public 2,710,660 - 2,710,660 2,710,660 Subordinated liabilities 61,001 - 61,001 61,001 Financial liabilities, total 6,760,957 3,954 6,764,910 6,764,910 Non-financial liabilities 78,623 78,623 Liabilities, total 6,760,957 3,954 6,843,533 6,843,533 * Fair value is considered to be materially equivalent to book value.
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Interim Report 30 September 2026 61 Assets (1,000 euros) Amortised cost Fair value through other comprehensive income Fair value through profit or loss Hedging derivatives Carrying value, total Fair value 30 Sep 2025 Cash and central bank deposits 660,359 - - - 660,359 660,359 Loans and receivables to credit institutions 142,398 - - - 142,398 142,398 Loans and receivables to customers* 5,829,755 - - - 5,829,755 5,829,755 Derivatives, hedge accounting - - - 66,335 66,335 66,335 Debt instruments - 497,735 1,088 - 498,824 498,824 Equity instruments - - 9,036 - 9,036 9,036 Financial assets, total 6,632,511 497,735 10,124 66,335 7,206,705 7,206,705 Investments in associated companies 18,282 18,282 Investment properties 901 901 Other assets 298,456 298,456 Assets, total 6,632,511 497,735 10,124 66,335 7,524,344 7,524,344 Liabilities (1,000 euros) Other liabilities Hedging derivatives Carrying value, total Fair value 30 Sep 2025 Liabilities to credit institutions* 123,328 - 123,328 123,328 Liabilities to customers* 3,960,688 - 3,960,688 3,960,688 Derivatives, hedge accounting - 10,055 10,055 10,055 Debt securities issued to the public 2,686,665 - 2,686,665 2,686,665 Subordinated liabilities 61,172 - 61,172 61,172 Financial liabilities, total 6,831,854 10,055 6,841,908 6,841,908 Non-financial liabilities 77,211 77,211 Liabilities, total 6,831,854 10,055 6,919,120 6,919,120 * Fair value is considered to be materially equivalent to book value.
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Interim Report 30 September 2026 62 Note 5 Loans and receivables (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Loans and receivables to credit institutions Deposits 66,817 102,815 141,898 Other 12,060 500 500 Loans and receivables to credit institutions, total 78,877 103,315 142,398 Loans and receivables to the public and public sector entities Loans 5,462,630 5,607,701 5,703,204 Utilised overdraft facilities 68,505 65,121 67,862 Loans intermediated through the State's assets 6 7 10 Credit cards 57,530 58,983 57,777 Bank guarantee receivables 843 891 903 Loans and receivables to the public and public sector entities, total 5,589,513 5,732,702 5,829,755 Loans and receivables, total 5,668,390 5,836,017 5,972,153 Reconciliations from the opening and the closing balances of the expected credit losses are presented in the notes 13 Impairment losses on financial assets.
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Interim Report 30 September 2026 63 Note 6 Financial derivatives Assets (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Fair value hedge Interest rate derivatives 10,020 55,180 66,335 Derivative assets, total 10,020 55,180 66,335 Liabilities (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Fair value hedge Interest rate derivatives 16,136 3,954 10,055 Derivative liabilities, total 16,136 3,954 10,055 Fair value of hedge items on hedge accounting (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Book value on hedge item of which the change in the fair value of the hedged item Book value on hedge item of which the change in the fair value of the hedged item Book value on hedge item of which the change in the fair value of the hedged item Fair value portfolio hedge Loans and receivables to credit institutions 179,444 -5,556 187,836 2,836 223,822 5,822 Assets, total 179,444 -5,556 187,836 2,836 223,822 5,822 Liabilities to the public and public sector entities 2,021,973 -28,027 2,182,568 32,568 2,195,719 45,719 Liabilities, total 2,021,973 -28,027 2,182,568 32,568 2,195,719 45,719 Nominal values of underlying items and fair values of derivatives (1,000 euros) Remaining maturity Fair values 30 Sep 2026 Less than 1 year 1-5 years Over 5 years Total Assets Liabilities Fair value hedge 300,000 1,540,000 395,000 2,235,000 10,020 16,136 Interest rate swaps 300,000 1,540,000 395,000 2,235,000 10,020 16,136 Derivatives, total 300,000 1,540,000 395,000 2,235,000 10,020 16,136 Nominal values of underlying items and fair values of derivatives (1,000 euros) Remaining maturity Fair values 31 Dec 2025 Less than 1 year 1-5 years Over 5 years Total Assets Liabilities Fair value hedge 200,000 1,540,000 595,000 2,335,000 55,180 3,954 Interest rate swaps 200,000 1,540,000 595,000 2,335,000 55,180 3,954 Derivatives, total 200,000 1,540,000 595,000 2,335,000 55,180 3,954
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Interim Report 30 September 2026 64 Nominal values of underlying items and fair values of derivatives (1,000 euros) Remaining maturity Fair values 30 Sep 2025 Less than 1 year 1-5 years Over 5 years Total Assets Liabilities Fair value hedge 133,000 1,640,000 595,000 2,368,000 66,335 10,055 Interest rate swaps 133,000 1,640,000 595,000 2,368,000 66,335 10,055 Derivatives, total 133,000 1,640,000 595,000 2,368,000 66,335 10,055 Profit and loss from hedge accounting and ineffectiveness of hedge accounting (1, 000 euros) Interest rate risk Fair value hedge 30 Sep 2026 31 Dec 2025 30 Sep 2025 Derivative assets fair value change * -32,640 -26,651 -14,301 Derivative liabilities fair value change * -18,964 7,210 4,951 Derivative contracts fair value change * -51,603 -19,441 -9,350 Debt securities entitling to Central Bank funding change in book value adjustment -8,392 -8,063 -5,078 Liabilities to the public and public sector entities change in book value adjustment 60,396 28,225 15,074 Change in book value adjustment of hedge item 52,004 20,161 9,996 Ineffectiveness of hedge recognised in the net profit of the income statement hedge accounting 400 720 646 * As of 1 January 2026, a change in the base value without interest is proposed for derivative contracts, including CVA adjustments. The comparison periods have been adjusted retrospectively.
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Interim Report 30 September 2026 65 Note 7 Investment assets and investment properties (1,000 euros) Investment assets 30 Sep 2026 31 Dec 2025 30 Sep 2025 Measured at fair value through profit or loss Debt securities 1,213 1,116 1,088 Shares and other equity instruments 4,078 7,614 9,036 Assets measured at fair value through profit or loss, total 5,291 8,729 10,124 Measured at fair value through other comprehensive income Debt securities 488,575 496,588 497,735 Measured at fair value through other comprehensive income, total 488,575 496,588 497,735 Investment properties 1,087 1,181 901 Investment assets and investments properties, total 494,953 506,498 508,760 Reconciliations from the opening and the closing balances of the expected credit losses are presented in Note 13 Impairment losses on financial assets. Changes in investment properties (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Cost January 1 4,118 3,785 3,785 + Increases 31 11 11 +/- Transfers -111 323 - Cost at the end of the period 4,039 4,118 3,796 Accumulated depreciation and impairment losses January 1 -2,938 -2,865 -2,865 +/- Accumulated depreciation of decreases and transfers 39 -25 - - Depreciation -54 -48 -30 Accumulated depreciation and impairment at the end of the period -2,952 -2,938 -2,895 Opening balance January 1 1,181 920 920 Closing balance 1,087 1,181 901
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Interim Report 30 September 2026 66 30 Sep 2026 Equity instruments Debt-based Measured at fair value through profit or loss and measured at fair value through other comprehensive income (1,000 euros) Fair value through profit or loss Fair value through other comprehensive income Fair value through profit or loss Total All total Quoted Public sector entities - 159,927 - 159,927 159,927 From others - 328,648 - 328,648 328,648 Non-quoted From others 4,078 - 1,213 1,213 5,291 Total 4,078 488,575 1,213 489,788 493,866 31 Dec 2025 Equity instruments Debt-based Measured at fair value through profit or loss and measured at fair value through other comprehensive income (1,000 euros) Fair value through profit or loss Fair value through other comprehensive income Fair value through profit or loss Total All total Quoted Public sector entities - 164,524 - 164,524 164,524 From others - 331,829 - 331,829 331,829 Non-quoted From others 7,614 235 1,116 1,351 8,964 Total 7,614 496,588 1,116 497,704 505,317 30 Sep 2025 Equity instruments Debt-based Measured at fair value through profit or loss and measured at fair value through other comprehensive income (1,000 euros) Fair value through profit or loss Fair value through other comprehensive income Fair value through profit or loss Total All total Quoted Public sector entities - 165,527 - 165,527 165,527 From others - 331,973 - 331,973 331,973 Non-quoted From others 9,036 235 1,088 1,323 10,359 Total 9,036 497,735 1,088 498,824 507,859
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Interim Report 30 September 2026 67 Note 8 Liabilities to the public and public sector entities and liabilities to credit institutions (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Liabilities to credit institutions Repayable on demand 10,334 25,998 8,462 Other than repayable on demand 43,133 98,999 114,866 Liabilities to credit institutions, total 53,467 124,996 123,328 Liabilities to the public and public sector entities Deposits 3,752,878 3,831,724 3,914,960 Repayable on demand 3,119,554 3,206,062 3,236,812 Other 633,324 625,663 678,148 Other financial liabilities 5 7 9 Other than repayable on demand 5 7 9 Changes in fair value in terms of borrowing -28,027 32,568 45,719 Liabilities to the public and public sector entities, total 3,724,856 3,864,300 3,960,688 Liabilities to the public and public sector entities and liabilities to credit institutions, total 3,778,323 3,989,296 4,084,016
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Interim Report 30 September 2026 68 Note 9 Debt securities issued (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Bonds 2,502,221 2,695,709 2,686,665 Certificates of deposit 14,846 14,950 - Debt securities issued to the public, total 2,517,067 2,710,660 2,686,665 (1,000 euros) Nominal value Closing balance* Bond 30 Sep 2026 Interest Year of issue Due date 30 Sep 2026 31 Dec 2025 30 Sep 2025 OmaSp Plc 25.11.2027, covered bond 650,000 0.01%/fixed 2020-2023 25/11/2027 641,380 635,905 634,160 OmaSp Plc 18.12.2026, covered bond** 500,000 1.5%/fixed 2022 18/12/2026 504,931 596,164 601,817 OmaSp Plc 15.6.2028, covered bond 600,000 3.125%/fixed 2023-2024 15/06/2028 603,104 606,838 601,801 OmaSp Plc 15.1.2029, covered bond 500,000 3.5%/fixed 2023 15/01/2029 510,845 514,858 510,245 OmaSp Plc 27.2.2026 - 0% (zero coupon) 2024 27/02/2026 - 49,645 49,087 OmaSp Plc 18.9.2026 - 4.28%/fixed 2024 18/09/2026 - 50,573 50,032 OmaSp Plc 30.9.2027 40,000 margin 2%/variable 2024 30/09/2027 39,987 39,981 39,974 OmaSp Plc 2.10.2029 200,000 margin 2,3%/variable 2025 02/10/2029 201,974 201,744 199,550 2,502,221 2,695,709 2,686,665 * The book value includes accrued interest. ** During the first quarter of 2026, the Company repurchased and cancelled its outstanding covered bonds for a total of EUR 100 million in nominal value. In September 2026, the Company issued a EUR 200 million floating rate covered bond, which the Company retained in its own possession. (1,000 euros) Maturity of deposit certificates Less than 3 months 3-6 months 6-9 months 9-12 months Closing balance, total 30 Sep 2026 - 14,846 - - 14,846 31 Dec 2025 14,950 - - - 14,950
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Interim Report 30 September 2026 69 Note 10 Net interest income (1,000 euros) 1-9/2026 1-9/2025 1-12/2025 2026 Q3 2025 Q3 Interest income Loans to credit institutions 13,396 8,865 13,537 4,986 3,158 Loans and receivables to the public and public sector entities 159,276 191,494 245,780 54,928 57,032 Debt securities 3,365 2,901 3,997 1,208 995 Net interest paid or received on derivatives in hedges of assets -1,086 -882 -1,329 -293 -445 Other interest income 3,233 2,540 3,528 1,138 775 Interest income, total 178,183 204,917 265,514 61,968 61,515 Interest expenses Liabilities to credit institutions -1,972 -4,464 -5,295 -580 -929 Liabilities to the public and public sector entities -19,979 -21,827 -28,543 -7,105 -7,101 Debt securities issued to the public -53,862 -51,531 -70,285 -18,020 -16,414 Net interest paid or received on derivatives in hedges of liabilities 9,439 6,381 10,375 2,050 3,932 Subordinated liabilities -1,421 -1,423 -1,902 -479 -481 Other interest expenses -639 -935 -1,228 -182 -299 Interest expenses, total -68,434 -73,799 -96,877 -24,316 -21,291 Net interest income 109,749 131,119 168,637 37,652 40,223
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Interim Report 30 September 2026 70 Note 11 Fee and commission income and expenses (1,000 euros) 1-9/2026 1-9/2025 1-12/2025 2026 Q3 2025 Q3 Fee and commission income Lending 6,398 6,944 9,375 2,009 2,273 Deposits 94 91 121 28 28 Card and payment transactions 28,531 26,563 36,791 9,255 8,775 Funds 6,586 6,002 8,091 2,283 2,014 Legal services 981 801 1,138 345 341 Brokered products 2,072 1,967 2,556 645 618 Granting of guarantees 958 1,139 1,500 318 390 Other fee and commission income 1,082 922 1,224 394 346 Fee and commission income, total 46,702 44,428 60,796 15,277 14,786 Fee and commission expenses Card and payment transactions -6,132 -5,891 -8,260 -2,163 -1,933 Securities -484 -464 -837 -137 -139 Other fee and commission expenses -787 -737 -1,048 -241 -231 Fee and commission expenses, total -7,403 -7,091 -10,144 -2,541 -2,303 Fee and commission income and expenses, net 39,299 37,337 50,651 12,736 12,483
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Interim Report 30 September 2026 71 Note 12 Net income on financial assets and financial liabilities (1,000 euros) 1-9/2026 1-9/2025 1-12/2025 2026 Q3 2025 Q3 Net income on financial assets measured at fair value through profit or loss Debt securities Valuation gains and losses 92 -76 -44 26 49 Debt securities, total 92 -76 -44 26 49 Shares and other equity instruments Dividend income 8 234 237 4 - Capital gains and losses 265 -226 -226 265 -195 Valuation gains and losses -733 211 -4,307 -174 168 Shares and other equity instruments, total -460 219 -4,296 95 -28 Net income on financial assets measured at fair value through profit or loss, total -369 143 -4,339 121 22 Net income on financial assets measured at fair value through other comprehensive income Debt securities Capital gains and losses 75 101 124 - 1 Difference in valuation reclassified from the fair value reserve to the income statement -72 -126 -293 - 2 Debt securities, total 3 -25 -170 - 3 Net income on financial assets measured at fair value through other comprehensive income, total 3 -25 -170 - 3 Net income on financial assets measured at amortised cost Debt securities Capital gains and losses 441 - - - - Debt securities, total 441 - - - - Total net income on financial assets recognised at amortised cost 441 - - - -
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Interim Report 30 September 2026 72 Net income from investment properties (1,000 euros) 1-9/2026 1-9/2025 1-12/2025 2026 Q3 2025 Q3 Rent and dividend income 130 147 193 42 49 Other gains from investment properties 7 9 10 1 2 Maintenance expenses -43 -84 -100 -12 -33 Depreciation and impairment on investment properties -54 -30 -73 -19 -10 Rent expenses on investment properties - - -6 - - Net income from investment properties, total 40 42 24 12 7 Net income on trading in foreign currencies 35 -397 -401 -51 -8 Net income from hedge accounting* 400 646 720 202 -108 Net income on financial assets and financial liabilities, total 551 409 -4,167 284 -85 * As of 1 January 2026, CVA adjustments are presented as part of the change in the fair value of the instruments. The comparison periods have been adjusted retrospectively.
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Interim Report 30 September 2026 73 Note 13 Impairment losses on financial assets (1,000 euros) 1-9/2026 1-9/2025 1-12/2025 2026 Q3 2025 Q3 ECL on receivables from customers and off-balance sheet items -26,241 -36,776 -41,382 -12,503 -9,215 ECL from debt instruments 27 63 75 20 24 Expected credit losses, total -26,214 -36,713 -41,308 -12,483 -9,191 Final credit losses Final credit losses -3,353 -5,083 -6,138 -1,988 -992 Refunds on realised credit losses 381 271 335 225 68 Recognised credit losses, net -2,972 -4,812 -5,804 -1,763 -924 Impairment on financial assets, total -29,186 -41,525 -47,111 -14,247 -10,116 Reconciliations from the opening and closing balances of the expected credit losses have been formed from 1 January 2026 and 30 September 2026 on the basis of changes in euro denominated loan exposures and expected credit losses. Expected credit losses, loans and receivables 1-9/2026 1-9/2025 1-12/2025 Receivables from credit institutions and public and public entities (1,000 euros) Stage 1 Stage 2 Stage 3 Total Total Total Expected credit losses 1 January 1,539 7,829 143,970 153,338 112,608 112,608 Transfer to stage 1 108 -778 -161 -831 -3,313 -3,132 Transfer to stage 2 -138 2,589 -4,296 -1,846 590 661 Transfer to stage 3 -24 -1,661 10,856 9,171 19,735 22,855 New debt securities 131 468 2,348 2,946 3,319 4,814 Instalments and matured debt securities -139 -719 -5,387 -6,244 -3,813 -5,230 Realised credit losses - - -3,353 -3,353 -5,083 -6,138 Recoveries on previous realised credit losses - - 381 381 271 335 Changes in credit risk -66 1,083 32,842 33,859 28,470 33,930 Changes in the ECL model parameters - - -1,075 -1,075 8,454 8,734 Changes based on management estimates -122 -307 -6,651 -7,080 -11,906 -16,097 Expected credit losses period end 1,288 8,504 169,474 179,266 149,332 153,338 The development of management-based ECL items during January-September reflected changes in both model-based and management-based ECL. During the first quarter, the number of management estimates decreased proportionately as a result of the growth of the model-based ECL, although the actual manual adjustments remained largely unchanged. In turn, adjustments made during the second quarter based on management's estimate increased the amount of ECL, as a result of which the line describing items based on management's estimate increased slightly in the flow calculation. During the third quarter, the amount of the management's estimate-based contribution decreased relatively as a result of the growth of the model- based ECL, although adjustments made based on the management's estimate increased the amount of ECL.
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Interim Report 30 September 2026 74 1-9/2026 1-9/2025 1-12/2025 Off-balance sheet commitments (1,000 euros) Stage 1 Stage 2 Stage 3 Total Total Total Expected credit losses 1 January 91 438 366 895 243 243 Transfer to stage 1 4 -39 -7 -42 -31 -25 Transfer to stage 2 -7 303 -24 272 75 243 Transfer to stage 3 - -81 89 7 -17 113 New debt securities 31 226 116 373 71 88 Instalments and matured debt securities -25 -183 -101 -309 -95 -104 Realised credit losses - - - - - - Recoveries on previous realised credit losses - - - - - - Changes in credit risk -14 12 17 15 31 -198 Changes in the ECL model parameters - - -3 -3 17 536 Changes based on management estimates - - - - - - Expected credit losses period end 80 675 453 1,208 295 895 Expected credit losses, investment assets 1-9/2026 1-9/2025 1-12/2025 Debt securities (1,000 euros) Stage 1 Stage 2 Stage 3 Total Total Total Expected credit losses 1 January 260 15 - 275 350 350 Transfer to stage 1 - - - - -58 -58 Transfer to stage 2 -15 11 - -4 7 15 Transfer to stage 3 - - - - - - New debt securities 7 - - 7 17 24 Instalments and matured debt securities -3 - - -3 -9 -23 Realised credit losses - - - - - - Recoveries on previous realised credit losses - - - - - - Changes in credit risk -18 3 - -15 8 -7 Changes in the ECL model parameters - - - - - - Changes based on management estimates -13 - - -13 -28 -24 Expected credit losses period end 220 29 - 248 286 275
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Interim Report 30 September 2026 75 Note 14 Fair values in accordance with the valuation method The determination of the fair value of financial instruments is set out in Note G1 Accounting principles under “Determining the fair value” of the Financial Statements for the year 2025. The majority of equity investments recorded at level 3 consist of real estate investments, the uncertainty of which consists of a lack of daily quoted prices and a liquid market. The valuation process of real estate is based on the use of external evaluators or on the business' own valuation methods. Equity investments recorded at level 3 also include shares in unlisted companies for which there is no active market and therefore no reliable valuation level. Financial assets and liabilities measured at fair value 30 Sep 2026 Financial assets (1,000 euros) Level 1 Level 2 Level 3 Total At fair value through profit or loss Equity securities - 171 3,907 4,078 Debt securities 770 - 443 1,213 Derivatives - 10,020 - 10,020 At fair value through other comprehensive income Debt securities 488,575 - - 488,575 Financial assets, total 489,345 10,191 4,349 503,886 30 Sep 2026 Financial liabilities (1,000 euros) Level 1 Level 2 Level 3 Total Derivatives - 16,136 - 16,136 Financial liabilities, total - 16,136 - 16,136 30 Sep 2026 Other liabilities (1,000 euros) Level 1 Level 2 Level 3 Total At fair value through profit or loss Payment liability related to business acquisition - - 6,454 6,454 Total - - 6,454 6,454
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Interim Report 30 September 2026 76 31 Dec 2025 30 Sep 2025 Financial assets (1,000 euros) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Measured at fair value through profit or loss Equity securities - 3,028 4,586 7,614 - 2,960 6,076 9,036 Debt securities 678 - 437 1,116 646 - 442 1,088 Derivatives - 55,180 - 55,180 - 66,335 - 66,335 Measured at fair value through other comprehensive income Debt securities 496,353 - 235 496,588 497,500 - 235 497,735 Financial assets, total 497,031 58,208 5,258 560,498 498,146 69,294 6,753 574,194 31 Dec 2025 30 Sep 2025 Financial liabilities (1,000 euros) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Derivatives - 3,954 - 3,954 - 10,055 - 10,055 Financial liabilities, total - 3,954 - 3,954 - 10,055 - 10,055 31 Dec 2025 30 Sep 2025 Other liabilities (1,000 euros) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total At fair value through profit or loss Payment liability related to business acquisition - - 8,658 8,658 - - 10,808 10,808 Total - - 8,658 8,658 - - 10,808 10,808
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Interim Report 30 September 2026 77 Investment transactions, categorised to Level 3 30 Sep 2026 31 Dec 2025 30 Sep 2025 Financial assets at fair value through profit or loss (1,000 euros) Equity securities Debt securities Total Equity securities Debt securities* Total Equity securities Debt securities* Total Opening balance 4,586 437 5,023 6,776 462 7,239 6,776 462 7,239 + Acquisitions - 5 5 - - - - - - - Sales - - - - - - - - - - Matured during the year - - - - -20 -20 - -20 -20 +/- Realised changes in value recognised on the income statement - - - - 20 20 - 20 20 +/- Unrealised changes in value recognised on the income statement -679 - -679 -2,190 -25 -2,215 -700 -25 -725 + Transfers to Level 3 - - - - - - - - - - Transfers to Level 1 and 2 - - - - - - - - - Closing balance 3,907 443 4,349 4,586 437 5,023 6,076 437 6,513 * The figures do not include accrued interest on debt securities. 30 Sep 2026 31 Dec 2025 30 Sep 2025 At fair value through other comprehensive income (1,000 euros) Debt securities Debt securities Debt securities Opening balance 235 929 929 + Acquisitions - - - - Sales - - - - Matured during the year -303 -765 -765 +/- Realised changes in value recognised on the income statement 69 54 54 +/- Unrealised changes in value recognised on the income statement - - - +/- Changes in value recognised in other comprehensive income - 17 17 + Transfers to Level 3 - - - - Transfers to Level 1 and 2 - - - Closing balance - 235 235
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Interim Report 30 September 2026 78 Transactions in other liabilities, categorised to Level 3 Other liabilities at fair value through profit or loss (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Opening balance 8,658 12,958 12,958 + Acquisitions - - - - Sales - - - - Matured during the year - - - +/- Realised changes in value recognised on the income statement - - - +/- Unrealised changes in value recognised on the income statement -2,204 -4,300 -2,150 + Transfers to Level 3 - - - - Transfers to Level 1 and 2 - - - Closing balance 6,454 8,658 10,808
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Interim Report 30 September 2026 79 Sensitivity analysis for financial assets on Level 3 30 Sep 2026 31 Dec 2025 30 Sep 2025 (1,000 euros) Potential impact on equity Potential impact on equity Potential impact on equity Equity securities Hypo- thetical change Market value Positive Negative Market value Positive Negative Market value Positive Negative At fair value through profit or loss +/- 15% 3,907 586 -586 4,586 688 -688 6,076 911 -911 Total 3,907 586 -586 4,586 688 -688 6,076 911 -911 30 Sep 2026 31 Dec 2025 30 Sep 2025 (1,000 euros) Potential impact on equity Potential impact on equity Potential impact on equity Debt securities Hypo- thetical change Market value Positive Negative Market value Positive Negative Market value Positive Negative At fair value through profit or loss* +/- 15% 443 66 -66 437 66 -66 437 66 -66 At fair value through other comprehensive income +/- 15% - - - 235 35 -35 235 35 -35 Total 443 66 -66 672 101 -101 672 101 -101 *The figures for 31 December 2025 and 30 September 2025 do not include accrued interest on debt securities.
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Interim Report 30 September 2026 80 Note 15 Group’s off-balance sheet commitments (1,000 euros) 30 Sep 2026 31 Dec 2025 30 Sep 2025 Off-balance sheet commitments Guarantees and pledges 26,254 26,037 27,199 Commitments given to a third party on behalf of a customer 26,254 26,037 27,199 Undrawn credit facilities 374,796 301,851 298,589 Irrevocable commitments given in favour of a customer 374,796 301,851 298,589 Group’s off-balance sheet commitments, total 401,050 327,888 325,788
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Interim Report 30 September 2026 81 Note 16 Share-based incentive schemes The Company has a long-term share-based incentive plan for management and key personnel. The purpose of the plan is to combine the objectives of the owners and key employees in order to increase the value of the Company in the long term and to commit the key employees to implementing the Company's strategy, objectives and the Company's long-term interest and to offer them a competitive incentive plan based on earning the Company's shares. The share-based compensation plan is valid until further notice, and the Board of Directors always decides separately on the commencement of the earning periods, their participants, allocations and criteria. The establishment of the incentive scheme was announced on 24 February 2022. Program 2026–2028 On 26 March 2026, the Board of Directors of the Company decided on a new performance period for the share-based incentive plan for the 2026–2028 financial years. The structure of the share-based incentive plan was revised as follows: in place of the previous two-year programmes that commenced every other year, the Company introduces three-year, share-based incentive plans commencing every year. The target group of the 2026–2028 performance period consists of approximately 45 key employees, including the Company’s CEO and members of the Management Team. The potential rewards for the performance period will be primarily based on the comparable return on equity, comparable cost/income ratio, customer and employee satisfaction, and the quality of the credit portfolio. The reward will be paid partly in shares in OmaSp and partly in cash. The cash portion is intended to cover taxes and statutory social security contributions arising from the reward to the participant. As a rule, no reward will be paid if the participant’s employment or service relationship is terminated before the reward has been confirmed. The amount of the reward can be reduced due to risk-based corrections. In line with legislation governing the financial sector, the potential rewards from the performance period will be deferred and paid to the participants in five instalments over the course of approximately four years after the end of the performance period. The payment of the rewards is followed by a retention period of one year, during which the participant cannot transfer the shares paid as a reward. Exceptionally, the Board of Directors decided to extend the short-term performance bonus for 2026 and 2027 to include participants in the share-based incentive scheme as a result of the structural reform of the share-based incentive plan. The earning opportunity is consistent with the Company’s short- term incentive plan. The potential reward for earnings periods in the performance-based bonus model is based on the targets of the company-level short-term performance-based bonus model. The Board of Directors confirm the target levels for each financial year separately. Due to regulations governing the financial sector, bonuses paid to certain participants under the performance bonus model may be partially paid in shares in the Company. If the variable remuneration received by a participant exceeds the thresholds defined in the financial sector regulations, half of the bonus must be paid in shares in accordance with the legislation, and the reward payment is deferred. In case of possible share payment, the monetary reward is converted into the Company’s shares on the basis of the volume-weighted average price of the share in the calendar month preceding the payment date. Bonuses paid in shares will then be subject to deferral and retention periods in accordance with financial sector regulation. In all other cases, the bonuses will be paid in cash. Impact of S-Bank’s tender offer on incentive schemes In accordance with the combination agreement and after consulting S-Bank, the Board of Directors of Oma Savings Bank Plc decided on the accelerated termination of the ongoing share-based incentive plans upon the completion of the tender offer. S-Bank has given its consent to the treatment and to the accelerated termination of the programmes on 2 September 2026. The decisions were conditional on the completion of the tender offer, including obtaining the required regulatory approvals and achieving a minimum acceptance requirement of more than 90%. In accordance with the solution agreed by Oma Savings Bank Plc and S- Bank, the programmes are decided upon when the tender offer is completed and the rewards earned on the basis of them, to which the right has been obtained, are paid in cash when regulation allows.
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Interim Report 30 September 2026 82 Share-based incentive scheme 1-9/2026 1-9/2026 1-9/2026 1-9/2026 1-12/2025 1-12/2025 1-12/2025 Program 2026-2028 Program 2024-2025 Program 2022-2023 Program 2020-2021 Program 2024-2025 Program 2022-2023 Program 2020-2021 Maximum estimated number of gross shares at the start of the scheme 330,000 405,000 400,000 420,000 405,000 400,000 420,000 Date of issue 26/03/2026 29/02/2024 24/02/2022 17/02/2020 29/02/2024 24/02/2022 17/02/2020 Share price at issue, weighted average fair value 12.59 20.34 16.90 8.79 20.34 16.90 8.79 Earning period begins 01/01/2026 01/01/2024 01/01/2022 01/01/2020 01/01/2024 01/01/2022 01/01/2020 Earning period ends 31/12/2028 31/12/2025 31/12/2023 31/12/2021 31/12/2025 31/12/2023 31/12/2021 Persons at the close of the financial year 23 29 18 4 36 19 4 Events for the financial year (pcs) 1-9/2026 1-9/2026 1-9/2026 1-9/2026 1-12/2025 1-12/2025 1-12/2025 01/01/2026 Program 2026-2028 Program 2024-2025 Program 2022-2023 Program 2020-2021 Program 2024-2025 Program 2022-2023 Program 2020-2021 Those who were out at the beginning of the period - - 34,418 11,591 - 54,484 16,482 Changes during the period Granted during the period - 28,826 - - - - - Lost during the period - -148 -559 - - -10,711 -4,891 Implemented during the period - -11,530 -8,471 -11,591 - -9,355 - Expired during the period - - - - - - - Out at the end of the period - 17,148 25,388 - - 34,418 11,591
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Interim Report 30 September 2026 83 Share savings plan OmaOsake for employees On 29 February 2024, Oma Savings Bank Plc’s Board of Directors established a share savings plan OmaOsake for all employees. By encouraging employees to acquire and own shares in the Company, the Company seeks to align the objectives of shareholders and employees in order to increase the value of the Company in the long term. The aim is also to support employee commitment and the Company’s corporate culture. The OmaOsake consists of annually commencing plan periods, each with a 12-month savings period followed by a holding period of approximately two years. At the end of the holding period, additional shares will be issued to participants based on performance criteria. Participants have the opportunity to receive one free matching share (gross) per two savings shares or one savings share, depending on the achievement of the performance criteria. If the performance criteria are not met, participants will receive one matching share per three savings shares. The Board of Directors always decides on performance criteria separately. As a rule, obtaining matching shares is subject to continued employment and the holding of the savings shares until the end of the ownership period. The additional shares will be paid partly in shares and partly in cash after the end of the holding period. The cash proportion is intended to cover taxes and statutory social security contributions arising from the reward. The matching shares are freely transferable after they have been recorded in the participant’s book-entry account. During the 2026–2029 plan period, the OmaOsake was offered to approximately 610 employees including members of the management team and the CEO. Approximately 32% of the personnel participated in the share savings plan. The savings period started on 1 April 2026 and ends on 31 March 2027. Impact of S-Bank’s tender offer on share savings plan OmaOsake In accordance with the combination agreement and after consulting S-Bank, the Board of Directors of Oma Savings Bank Plc decided on the accelerated termination of the ongoing OmaOsake share savings plans. S-Bank gave its consent to the treatment and to the accelerated termination of the programmes on 2 September 2026. The decisions were conditional on the completion of the tender offer, including obtaining the required regulatory approvals and achieving a minimum acceptance requirement of more than 90%. The tender offer was completed on 7 October 2026. In accordance with the solution agreed by Oma Savings Bank Plc and S-Bank, the programmes were terminated following the completion of the tender offer and the rewards earned on the basis of them, to which the right has been obtained, are paid in cash upon regulatory approval. The OmaOsake 2024–2027 and OmaOsake 2025–2028 programme periods were terminated prematurely upon the completion of the tender offer. The employment-based portion of the matching shares (with a ratio of 3:1) is fully paid to the participants, and the amount of matching shares (with a ratio of 3:2 for the OmaOsake 2024-2027 program and no more than a ratio of 3:2 for the OmaOsake 2025-2028 program) is proportionate to the time elapsed during the program period at the time of completion of the tender offer. Accumulated additional shares are converted into a monetary reward at the tender offer price of EUR 17.20 per share in accordance with the tender offer, and the cash reward is paid to the participants. The realisation of the earning criteria of the OmaOsake 2024-2027 programme has been confirmed in the spring of 2025 (ratio 1:1), and the realisation of the earning criteria of the OmaOsake 2025-2028 programme was assessed in connection with the completion of the tender offer. In the OmaOsake 2026–2029 programme, the accumulation of savings discontinued after the completion of the tender offer, and the accumulated savings will be returned to the participants as soon as possible. Participants will be compensated in cash for a 10% discount on the purchase of savings shares that they would have received if the savings had been used to acquire shares in Oma Savings Bank Plc in a directed issue. Share savings plan
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Interim Report 30 September 2026 84 1-9/2026 1-9/2026 1-9/2026 1-12/2025 1-12/2025 OmaOsake 2026-2029 OmaOsake 2025-2026 OmaOsake 2024-2025 OmaOsake 2025-2026 OmaOsake 2024-2025 Maximum estimated number of gross shares at the start of the scheme 134,000 138,000 56,500 138,000 56,500 Initial allocation date 01/04/2026 01/04/2025 01/04/2024 01/04/2025 01/04/2024 Release date 31/03/2027 31/03/2026 31/03/2025 31/03/2026 31/03/2025 Eligibility conditions Share ownership, employment relationship Share ownership, employment relationship Share ownership, employment relationship Share ownership, employment relationship Share ownership, employment relationship Maximum validity time, in years 3 3 3 3 3 Maturity time left, in years 2.5 1.5 0.5 2.25 1.25 Persons at the end of the financial year 190 215 209 230 224 Method of payment Cash and shares Cash and shares Cash and shares Cash and shares Cash and shares
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Interim Report 30 September 2026 85 Note 17 Investments in associates and joint ventures Investments in significant associates and joint ventures Value of the investment (1,000 euros) Main activity The Group´s share of ownership 30 Sep 2026 31 Dec 2025 30 Sep 2026 31 Dec 2025 Figure Taloushallinto Oy 178 178 Other financial service 25.0% 25.0% GT Invest Oy 6,020 6,020 Other financial service 48.7% 48.7% Deleway Projects Oy 1,466 2,049 Trade of own real estate 49.0% 49.0% City Kauppapaikat Oy 11,930 14,430 Renting and management of the properties 45.3% 45.3% SAV-Rahoitus Oyj - - Other lending 48.2% 48.2% Book value (net) 19,593 22,677 Shares in entities to be consolidated using the equity method (1,000 euros) 30 Sep 2026 31 Dec 2025 Opening balance 1 January 15,068 19,460 Figure Taloushallinto Oy 305 264 GT Invest Oy 5,840 5,942 Deleway Projects Oy 638 1,640 City Kauppapaikat Oy 8,285 11,614 Increases - 66 Deleway Projects Oy - 66 Adjustments -50 - Deleway Projects Oy -50 - Share of profit from associated companies -455 -1,358 Figure Taloushallinto Oy 16 41 GT Invest Oy -90 -102 Deleway Projects Oy -33 -468 City Kauppapaikat Oy -348 -829 Impairment losses - -3,100 Deleway Projects Oy - -600 City Kauppapaikat Oy - -2,500 Closing balance at end of period 14,563 15,068
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Interim Report 30 September 2026 86 Report on review of consolidated interim financial information of Oma Savings Bank Plc for the nine - month period ended 3 0 September 2026 (Translation of the Finnish Original) To the Board of Directors of Oma Savings Bank Plc Introduction We have reviewed Oma Savings Bank Plc’s condensed consolidated balance sheet as of 30 September 2026, condensed consolidated income statement, condensed statement of comprehensive income, condensed statement of changes in equity and condensed cash flow statement for the nine-month-period then ended and certain explanatory notes (“condensed interim financial information”). The Board of Directors and the Managing Director are responsible for the preparation and presentation of the condensed consolidated interim financial information in accordance with International Accounting Standard (IAS) 34, “Interim Financial Reporting”. Our responsibility is to express a conclusion on this condensed interim financial information based on our review. Scope of Review We conducted our review in accordance with International Standard on Review Engagements (ISRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Conclusion Based on our review, nothing has come to our attention that causes us to believe that the condensed interim financial information is not prepared, in all material respects, in accordance with International Accounting Standard (IAS) 34, “Interim Financial Reporting”. Helsinki 5 November 2026 PricewaterhouseCoopers Oy Authorised Public Accountants Heini Hänninen Authorised Public Accountant (KHT)
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Interim Report 30 September 2026 87