Slides
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9M 2025 results 30 October 2025
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2 Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: This presentation has been prepared by Eurobank Ergasias Services and Holdings S.A. (“Eurobank Holdings”) and its 100% subsidiary Eurobank S.A. (“Eurobank”). The material that follows is a presentation of general background information about Eurobank Holdings and Eurobank and their affiliates (TBC) and this information is provided solely for use at this presentation. This information is summarized and is not complete. This presentation is not intended to be relied upon as advice and does not form the basis for an informed investment decision. No representation or warranty, express or implied, is made concerning, and no reliance should be placed on, the accuracy, fairness or completeness of the information presented here. 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3 Table of contents 9M25 results highlights 4 Regional Presence 13 Balance sheet 18 Profitability 26 Asset Quality 34 Capital 38 Sustainability 41 Macroeconomic update 48 Appendix I – Supplementary information 59 Appendix II - Glossary 66
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9M25 results highlights 9M 2025 Results
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5 ❑ Adjusted Net Profit €1,058m; reported €1,033m in 9M25 ❑ 9M25 RoTBV1 at 16.2% ❑ TBV per share at €2.46 ❑ Interim dividend of €4.7 cent/share, paid on Nov. 12th ▪ NII at €1,902m; up 4.0% y-o-y ▪ Commission income at €557m; up 23.7% y-o-y ▪ Core pre-provision income (PPI) at €1,529m; stable y-o-y ▪ Cost of Risk (CoR)2 at 61bps in 9M25 ▪ Core Operating Profit3 at €1,292m; stable y-o-y ▪ SEE operations net profit 1 €557m in 9M25 P&L (€ m) 3Q25 2Q25 Δ(%) 9M25 9M24 Δ(%) Net interest income 631.8 632.5 (0.1) 1,902.2 1,829.7 4.0 Commission income 192.8 195.2 (1.3) 557.2 450.5 23.7 Other Income 19.8 6.6 >100 46.4 71.6 (35.1) Operating income 844.4 834.4 1.2 2,505.9 2,351.8 6.6 Operating expenses (316.3) (309.7) 2.1 (930.4) (754.3) 23.3 Core PPI 508.3 518.1 (1.9) 1,529.1 1,525.9 0.2 PPI 528.1 524.7 0.7 1,575.5 1,597.5 (1.4) Loan loss provisions (82.2) (79.0) 4.1 (237.5) (228.9) 3.7 Core Operating Profit3 426.1 439.1 (3.0) 1,291.6 1,297.0 (0.4) PBT4 450.0 466.8 (3.6) 1,365.9 1,496.5 (8.7) Adjusted Net Profit 347.0 362.2 (4.2) 1,057.7 1,144.7 (7.6) Net Profit 342.45 376.5 (9.0) 1,032.9 1,134.9 (9.0) Ratios (%) 3Q25 2Q25 9M25 9M24 Net interest margin 2.46 2.50 2.49 2.81 Cost / income 37.5 37.1 37.1 32.1 Cost / core income 38.4 37.4 37.8 33.1 Cost of risk2 0.63 0.61 0.61 0.68 RoTBV1 15.8 16.6 16.2 19.2 TBV per share (€) 2.46 2.38 2.46 2.27 EPS (€) 0.09 0.10 0.28 0.31 1. Adjusted net profit. 2. On net loans. 3. Core Operating profit= Core PPI minus loan loss provisions. 4. Adjusted profit before tax. 5. Including CNP Cyprus insurance negative goodwill (€21m), contribution to the Greek state’s infrastructure projects (-€19m) and restructuring costs (-€6m). 9M25 results highlights: Profitability
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6 Capital ▪ 3Q25 CET1 at 15.5%1,6, including: ▪ Organic capital generation (c.+65bps q-o-q) ▪ Asset growth (c.-25bps q-o-q) ▪ 3Q25 Dividend accrual (c.-30bps q-o-q) ▪ 3Q25 CAD at 18.9% after €950m legacy Tier II call in September Volumes ▪ Loans organic growth2 at €3.3bn in 9M25 (+11.2% y-o-y); up €1.1bn q-o-q ▪ Deposits up €0.4bn3 in 9M25 (+5.9% y-o-y); up €0.9bn q-o-q ▪ Wealth management performance in 9M25: ▪ Managed funds up €1.7bn (+31.7% y-o-y) ▪ Private banking customer CAL 4 up €1.3bn (+10.0% y-o-y) Asset Quality ▪ NPE ratio at 2.8% ▪ NPE stock at €1.5bn; Net NPE5 stock at €0.1bn ▪ NPE coverage at 94.0% Group (%) 3Q25 2Q25 1Q25 4Q24 3Q24 Capital6 CAD 18.91 19.8 18.9 18.5 20.1 CET1 15.51 15.5 15.5 15.7 16.9 Liquidity L/D 66.9 66.9 67.0 64.8 65.8 LCR 180.4 190.5 182.8 188.2 187.1 Asset Quality NPE ratio 2.8 2.8 2.9 2.9 2.9 NPE coverage 94.0 92.8 89.1 88.4 89.9 1. Pro forma Sun (ex-Solar) NPE transaction. 2. Organic: disbursements minus repayments adjusted for write-offs, sales, acquisitions, liquidations, FX effect & held-for-sale. 3. o/w €0.9bn due to USD FX effect. 4. CAL: Client Assets & Liabilities. 5. Net NPE = NPE minus provisions. 6. Accounting for payout accrual. Including period profits, subject to AGM approval. Payout subject to regulatory & AGM approval. Key Balance sheet ratios 9M25 results highlights: Balance Sheet
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7 1. As at August 31, 2025. Eurolife Life insurance acquisition ❑ Accretive transaction ❑ Diversifies further Eurobank’s income stream ❑ Eurolife’s recurring profitability track record ❑ No execution risk given common client base ❑ Growth potential due to low penetration of insurance products Fees & Commissions Income c.+12% Asset Mng & Insurance >30% of F&C Core PPI c.+5% EPS c.+5% or c. 2cents RoTBV c.+100 bps CET 1 impact c.-120 bps To apply for classification as a Financial Conglomerate (FICO) & pursue the Danish Compromise Acquisition of 80% of Eurolife Life insurance at 1.45x P/BV1 CET 1 relief potential
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8 1. As of 2024, Source: For Greece, the Hellenic Association of Insurance Companies ("HAIC"), which includes data only for insurance companies that are members of HAIC. For Cyprus, Insurance Association of Cyprus Eurobank insurance business footprint Country Company (share) Sector Market share1 Bancassurance Greece Life 22% Active P&C 3% Active Cyprus Life 30% Under development P&C 21% Under development Bulgaria Cooperation with 3rd party insurance company Life P&C Active Eurolife Life (100%) Eurolife P&C (20%) ERB Cyprialife (100%) ERB Asfalistiki (55%) ✓ ✓ ✓
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9 Regional footprint 1. 9M25 Adjusted Net profit. Assets (€ bn) Contribution to Group assets Net Loans (€ bn) Deposits (€ bn) Wealth Mng (€ bn) Net Profit1 (€m) Contribution to Group Net profit 59.2 34.9 43.4 13.1 501 28.1 8.5 23.3 4.6 370 12.7 8.5 9.7 0.1 167 2.8 0.9 2.5 4.9 18 103.0 52.9 79.0 22.7 1,058 Greece Cyprus Bulgaria Lux Group 58% 12% 3% 27% 47% 16% 2% 35%
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10 1,830 1,902 (81) 52 130 (14) (52) 37 9M24 Δ Loans Δ Deposits Δ Bonds Δ Central banks Δ MREL & Tier II Δ other 9M25 Δ NII (y-o-y, € m)1 Δ Fees (y-o-y, € m) Core Income 451 557 (1) 56 8 44 0 9M24 Δ Lending Δ Network & credit cards Δ Capital Markets Δ Wealth & Insurance Δ Rental & other 9M25 +23.7% 1. Analysis based on gross income. 2. Including Repos and Money Market. 2 +4.0% ECB DFR (avg) 3.89% 2.35%
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11 1,297 1,292 9M24 9M25 1,497 1,366 9M24 9M25 1,526 1,529 (229) (238) 9M24 9M25 Core Operating Profit2 (€ m)Core PPI and Provisions (€ m) Profitability Profit before Tax3 (€ m) Core PPI Loan Loss Provisions CoR1 (bps) 68 61 1. On net loans. 2. Core Operating profit= Core PPI minus loan loss provisions. 3. Adjusted profit before tax.
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12 2.27 2.31 2.46 3Q24 4Q24 3Q25 16.9% 15.7% 15.5%2 3Q24 4Q24 3Q25 CET11 TBV per share (€) Capital & TBV CAD1 20.1% 18.5% 18.9%2 3Q24 4Q24 3Q25 1. Accounting for payout accrual. Including period profits, subject to AGM approval. Payout subject to regulatory & AGM approval. 2. Pro forma Sun (ex-Solar) NPE transaction.
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Regional Presence 9M 2025 Results
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14 Net profit2 €370m ▪ NII at €573m ▪ 9M25 NIM at 2.75% ▪ Commission income at €124m ▪ Cost – to - core income at 35.3% ▪ Core PPI at €451m 1. All previous quarters pro forma for merger of the 2 banks. 2. Adjusted Net profit. 3. Pro forma basis. 153 154 143 1Q25 2Q25 3Q25 Eurobank Ltd key P&L metrics Net Profit1,2 (€ m) Core PPI & Provisions1 (€ m) 121 129 120 1Q25 2Q25 3Q25 (6) (3) 2Provisions Core PPI Merger of the 2 banks – effective 1st September 2025 9M25 Highlights1
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15 0.7 0.7 0.7 2.6 2.6 2.6 5.5 5.5 5.3 1Q25 2Q25 3Q25 1. All previous quarters pro forma for merger of the 2 banks, effective 1st September 2025. 2. In 3Q25, Eurobank Ltd has signed an agreement with the Cyprus Asset Management Company Limited (“KEDIPES”) for the sale of an NPE portfolio of Net Book Value of €0.2bn, with loans reclassified as assets held for sale. 3. As reported to the Central Banks. Gross loans (€ bn) Key metrics 8.8 8.62 14.5 14.8 15.0 8.7 8.5 8.3 1Q25 2Q25 3Q25 23.2 23.3 Deposits (€ bn) 3Q25 2Q25 1Q25 Assets (€ bn) 28.1 28.1 27.3 Net loans (€ bn) 8.52 8.7 8.7 Capital CET13 (%) 36.4 RWAs (€ bn) 8.5 Liquidity (%) L/D 37 37 37 LCR 336 Ratios (%) NIM 2.63 2.75 2.64 C/I 35.5 34.8 33.8 Asset Quality (%) NPE ratio 1.9 NPE coverage 65.1 Eurobank Ltd key B/S metrics1 8.8 23.3 Time Core Business Mortgages Consumer
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16 2.7% 2.5% 2.4% 2.3% 2.4% 3Q24 4Q24 1Q25 2Q25 3Q25 102% 103% 104% 104% 104% 1. Country view: Includes Postbank Bulgaria and other subsidiaries. 2. Adjusted Net profit. 74 73 73 78 79 3Q24 4Q24 1Q25 2Q25 3Q25 Bulgaria key P&L metrics1 9M25 Highlights Net Profit2 (€ m) Core PPI and provisions (€ m) NPE ratio and provisions / NPE Net profit2 €167m, up 8.7% y-o-y ▪ NII up 2.1% y-o-y at €302m ▪ 9M25 NIM at 3.31% ▪ Commission income up 15.0% y-o-y at €70m ▪ Cost – to - core income at 38.0% ▪ Core PPI at €230m, up 7.5% y-o-y Core PPI 54 54 55 56 57 3Q24 4Q24 1Q25 2Q25 3Q25 NPE coverage NPE ratio (12) (12) (14) (12) (14)Provisions
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17 1. Country view: Includes Postbank Bulgaria and other subsidiaries. 2. As reported to the Central Banks. Gross loans (€ bn) Key metrics 1.9 1.9 2.0 2.1 2.1 2.2 2.4 2.5 2.7 2.8 3.3 3.5 3.6 3.7 3.7 3Q24 4Q24 1Q25 2Q25 3Q25 7.4 7.8 8.2 8.4 8.7 5.7 6.0 6.1 6.3 6.5 2.7 2.8 2.9 3.1 3.2 3Q24 4Q24 1Q25 2Q25 3Q25 8.4 8.8 9.0 9.4 9.7 Deposits (€ bn) 3Q25 2Q25 1Q25 4Q24 3Q24 Assets (€ bn) 12.7 12.4 12.1 11.5 10.6 Net loans (€ bn) 8.5 8.2 8.0 7.6 7.2 Capital CET1 (%)2 21.7 21.3 20.7 19.4 20.3 RWAs (€ bn) 6.7 6.6 6.5 6.7 6.2 Liquidity (%) L/D 86.7 87.8 88.1 86.2 86.0 LCR 214 206 211 201 195 Ratios (%) NIM 3.25 3.26 3.39 3.55 3.81 C/I 36.3 36.9 38.6 38.1 38.6 Bulgaria key B/S metrics1 Time Core Business Mortgages Consumer
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Balance sheet 9M 2025 Results
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19 1. Of which €2.7bn DTC for regulatory purposes. 2. Including Derivatives €0.8bn. 3. Including Derivatives €1.0bn. 4. Including AT1 €0.5bn. Liabilities and Equity (€ bn)Assets (€ bn) Balance sheet composition 4.9 3.6 1.3 13.3 2.3 24.6 52.9 Category 1 103.0 Net loans Investment Securities Cash & Central banks Investment property DTA1 PP&E, intangibles & other assets 2 Placements to banks 9.9 1.2 5.6 3.2 4.1 79.0 Category 1 103.0 Equity4 Deposits Wholesale funding Other3 Tier II Senior notes
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20 Greek Sovereign, 23% EU Governments, 29% US Treasuries, 4% Other Sovereign, 4% Corporate bonds; 10% Financial Institutions, 8% Covered Bonds; 9% CLOs (AAA), 7% FVTPL & Trading, 6% Breakdown per classification Breakdown per issuer Securities portfolio Amortized cost breakdown€ 24.6bn Amortized Cost, 78% FVOCI, 16% FVTPL & Trading, 5% € 24.6bn Greek Sovereign, 27% EU Governments, 29% US Treasuries; 5% Other Sovereign, 3% CLOs (AAA); 8% Corporate bonds, 7% Financial Insitutions, 9% Covered Bonds, 12% € 19.3bn
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21 33.3 34.7 35.2 35.5 36.0 7.4 7.8 8.2 8.4 8.7 8.7 8.8 8.8 8.8 8.6 3Q24 4Q24 1Q25 2Q25 3Q25 4.5 4.5 4.6 4.7 4.8 12.3 12.5 12.6 12.8 12.9 29.2 30.9 31.7 32.1 32.6 4.4 4.4 4.3 4.2 4.1 3Q24 4Q24 1Q25 2Q25 3Q25 Breakdown by type (€ bn)Breakdown by country (€ bn) Gross Loans 50.4 52.3 53.1 53.6 54.3 Greece 50.4 52.3 53.1 53.6 54.3 1. Organic: disbursements minus repayments adjusted for write-offs, sales, acquisitions, liquidations, FX effect and held-for-sale. Excluding Hellenic Bank opening balance. Bulgaria Cyprus Lux Organic1 growth +€1.1bn q-o-q; +€3.3bn in 9M25 (+11.2% y-o-y) Senior Notes Business Mortgages Consumer
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22 36% 36% 36% 34% 33% 3Q24 4Q24 1Q25 2Q25 3Q25 32% 33% 32% 31% 29% Corporate, 37% Individuals & SB, 63% 1. o/w negative USD FX effect of €0.9bn. Breakdown by country (€ bn) Breakdown by customer Deposits 41.0 43.3 42.0 43.0 43.4 8.4 8.8 9.0 9.4 9.7 22.5 23.6 23.2 23.3 23.3 3Q24 4Q24 1Q25 2Q25 3Q25 74.6 78.6 77.1 78.2 79.0 Bulgaria Greece € 79.0 bn Time / Total Group Greece Deposits up €0.9bn q-o-q; up €0.4bn in 9M251 (+5.9% y-o-y) Cyprus Lux
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23 1. HQLA: High Quality Liquid Assets. 2. Over the minimum required. 3. Impacted from the €950m legacy Tier 2 call in September 2025. Net loans / Deposits ratio Net ECB position (€ bn) Liquidity 17.4 16.1 14.2 14.9 13.3 -3.1 9M24 FY24 1Q25 1H25 9M25 Liquidity coverage ratio (LCR) 65.8% 64.8% 67.0% 66.9% 66.9% 3Q24 4Q24 1Q25 2Q25 3Q25 187.1% 188.2% 182.8% 190.5% 180.4%3 3Q24 4Q24 1Q25 2Q25 3Q25 Funding Cash HQLAs1 Cash , 3% Central Banks deposits2; 48%Securities, 48% Level 2 Assets, 1% € 22.6 bn
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24 1. Combined Buffer Requirement (CBR) as of 3Q25; expected to increase to c.4.5% by end-2025 due to the impact on Eurobank (15bps) from the decision of Bank of Greece to set a countercyclical capital buffer rate of 0.25% to banks’ exposures to Greece from 1/10/2025. 2. c. €5.4bn MREL-eligible senior preferred bonds & other MREL-eligible liabilities. 3. Eurobank S.A. sub-consolidated level, including 3Q25 profits, after deducting dividend accrual & pro forma for Sun (ex-Solar). MREL (% RWAs) MREL position ▪ 3Q25 MREL ratio at 29.2% of RWAs; ca 140bps above the final MREL target of 27.8%2 applicable from 2Q25 ▪ Legacy Tier 2 instrument of €950m held by the Hellenic Republic called in September 2025 ▪ €500m senior preferred notes issued in July 2025 and a tap of €200m in September 2025 15.5 23.5 1.0 4.3 2.4 10.3 MREL requirement CBR1 MREL ratio (3Q25) 27.8% 29.2% CET13 Senior preferred liabilities2 MREL target (3Q25) MREL buffer of 140bps Tier 2 AT 1
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25 0.7 0.9 1.1 1.2 1.4 1.1 1.1 1.2 1.2 1.4 5.3 5.5 5.8 6.1 6.5 3Q24 4Q24 1Q25 2Q25 3Q25 4.7 4.8 4.9 4.7 4.9 3.9 3.9 3.9 4.2 4.4 4.1 4.3 4.4 4.6 4.8 3Q24 4Q24 1Q25 2Q25 3Q25 1. CAL: Client assets & liabilities. Private Banking (CAL1 per booking, € bn) Managed Funds (AuM, € bn) Wealth Management 7.6 8.5 8.1 9.3 7.1 12.8 13.0 13.2 13.5 14.0 Own Mutual Funds 3rd party Funds Discretionary AUM Greece Cyprus Luxembourg +32% +10%
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Profitability 9M 2025 Results
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27 1. On average gross loans. Loan spreads & rates Lending spreads (bps)1 Greece 3Q24 4Q24 1Q25 2Q25 3Q25 Corporate 207 200 197 190 184 Retail 306 299 302 313 317 Consumer 690 722 766 812 820 SBB 363 337 336 348 355 Mortgage 197 187 180 182 182 Total 246 237 235 234 231 Client rates (bps) Greece 3Q24 4Q24 1Q25 2Q25 3Q25 Corporate 592 554 496 464 432 Retail 597 556 522 498 482 Consumer 1,006 1,003 1,015 1,025 1,016 SBB 703 634 587 553 534 Mortgage 465 423 382 353 335 Total 594 554 505 476 450 SEE 3Q24 4Q24 1Q25 2Q25 3Q25 Bulgaria 318 324 301 287 267 Cyprus 183 206 209 228 225 Luxembourg 180 178 170 172 171 Total 241 257 250 254 239 Euro rates avg (bps) 3Q24 4Q24 1Q25 2Q25 3Q25 ECB DFR 371 327 279 226 200 3M Euribor 356 300 256 211 201 6M Euribor 344 281 249 212 208
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28 24% 25% 26% 25% 25% 3Q24 4Q24 1Q25 2Q25 3Q25 Deposit spreads (Greece, bps)Net Interest margin (bps) Net Interest margin & deposit spreads Deposit betas (Greece, total) 333 312 293 282 275281 270 253 250 246 246 240 224 226 225 3Q24 4Q24 1Q25 2Q25 3Q25 SEE Group Greece Deposit spreads (SEE, bps) 3Q24 4Q24 1Q25 2Q25 3Q25 Bulgaria 132 106 116 108 104 Cyprus 313 270 231 193 173 Luxembourg 86 69 63 56 55 Total 229 192 188 160 146 3Q24 4Q24 1Q25 2Q25 3Q25 Savings & Sight 355 303 257 207 189 Time 118 98 91 78 66 Total 279 238 205 168 154
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29 632 633 6 13 (4) 3 (19) 3Q25 Δ MREL & other Δ Deposits Δ Central banks Δ Bonds Δ Loans 2Q25 Δ NII (q-o-q, € m)1NII breakdown (€ m)1 Net Interest Income 1. Analysis based on gross income / gross expense. 2. Including MREL, Hedging, Money Market, Repos and Tier II. 2 3Q24 4Q24 1Q25 2Q25 3Q25 Loans 662 645 593 589 571 Bonds 201 202 207 200 203 Central banks 107 100 89 65 61 Money Market & Repos (16) (6) 1 12 12 Senior notes (48) (56) (63) (62) (64) Tier II (37) (36) (33) (31) (23) Deposits (172) (171) (155) (141) (128) Total NII 698 677 638 633 632 ECB DFR (avg) 3.71% 3.27% 2.79% 2.26% 2.00% 9M25 NII up 4.0% y-o-y
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30 111 153 108 120 124 57 62 61 75 69 3Q24 4Q24 1Q25 2Q25 3Q25 24 23 26 25 23 26 31 30 42 40 7 11 10 10 12 71 76 66 83 82 40 75 38 36 37 3Q24 4Q24 1Q25 2Q25 3Q25 Commission income per region (€ m)Commission income breakdown (€ m) Commission Income 168 215 169 195 193 Lending 168 215 169 195 193 Greece Rental & other Wealth & Insurance Capital Markets Transactions & credit cards SEE 63bps / assets 84bps / assets 68 86 67 77 75 Fees/ assets (bps) 9M25 commission income up 23.7% y-o-y
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31 270 286 99 102 89 98 28 30 9M24 9M25 165 180 168 172 177 132 138 137 138 139 3Q24 4Q24 1Q25 2Q25 3Q25 OpEx per region (€ m) OpEx breakdown (Greece, € m) Operating expenses Cost –to- core income (%) 297 304 310 316317 Depreciation Administrative Staff 484 517 3Q24 3Q25 9M25 Greece 34.9 38.9 38.6 SEE 33.6 37.7 36.9 Group 34.3 38.4 37.8 FTEs (#) Greece 6,311 6,031 Bulgaria 3,765 3,340 Cyprus 2,768 2,939 IT2 1. l-f-l: Like for like, excluding HB. 2. Including related depreciation expenses. SEE Greece 9M25 OpEx up 23.3% y-o-y, up 6.0% l-f-l1
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32 308 328 267 278 279 261 247 235 240 230 3Q24 4Q24 1Q25 2Q25 3Q25 Core PPI and other income (€ m) Δ Core PPI (q-o-q, € m) Pre-provision income (PPI) PPI per region (€ m) 575 503 518 508 314 294 280 283 288 280 279 243 242 240 3Q24 4Q24 1Q25 2Q25 3Q25 594 573 523 525 528 26 (2) 20 7 20 Other income 568 518 508 (1) (3) (7) 0 100 200 300 400 500 600 2Q25 Core PPI Δ NII Δ commissions Δ opex 3Q25 Core PPI SEE Greece SEE Greece
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33 1,526 1,529 (229) 73 107 (176 ) (238) Δ NII Δ Fees Δ OPEX Δ Core Operating Profit (y-o-y, € m) Core Operating Profit per region (€ m) Core Operating Profit Loan Loss Provisions Core PPI 9M24 9M25 259 235 209 213 207 62 60 59 66 66 151 182 148 151 146 3Q24 4Q24 1Q25 2Q25 3Q25 483 485 426 439 426 Greece Cyprus 1,297 1,292 Core Operating Profit Lux Bulgaria CoR 68bps 61bps
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Asset Quality 9M 2025 Results
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35 49 94 58 64 71 37 18 15 11 -30 20 70 120 3Q24 4Q24 1Q25 2Q25 3Q25 SEE Greece 70 72 59 61 63 Cost of Risk2 (bps) 3Q24 4Q24 1Q25 2Q25 3Q25 SEE Greece 2.9% 2.9% 2.9% 2.8% 2.8% 3Q24 4Q24 1Q25 2Q25 3Q25 1. q-o-q Δ before write-offs, sales, FX movements and other. 2. On net loans. 3. Excluding HB NPE under the APS, which as of 30 September 2025 are classified as held for sale. 4. o/w €89m due to Hellenic Bank. 5. Excluding HB NPE under the APS as well as respective provisions. Asset quality metrics NPE formation1 (€ m) NPE ratio (%) NPE coverage (%) Loan loss provision (€ m) 89.9% 88.4% 89.1% 92.8% 94.0% 3Q24 4Q24 1Q25 2Q25 3Q25 4750 48 12 45 1244 68 4 (37) 34 Δ NPE stock (q-o-q, €m) 85 7691 79 82 3 5 3 5 3 5 3 5
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36 0.9 0.9 0.9 1.0 1.0 0.6 0.6 0.6 0.5 0.5 3Q24 4Q24 1Q25 2Q25 3Q25 0.9 1.5 0.1 0.4 0.2 (1.4) 90dpd NPF 0- 89dpd UTP NPE Stock of provisions Net NPE Note: Figures excluding HB NPE under the APS , which as of 30 September 2025 are classified as held for sale. 1. NPF: Non-performing forborne loans. 2. Unlikely to pay. 3. NP: Non-performing. NPE metrics (Group) 90dpd bridge to NPE (€ bn) NPE per region Forborne loans (%) NPE (€ bn) 1.5 1.5 1.5 1.51.5 1 2 PF 59% NPF >90dpd 12% NPF 1-89dpd 6% NPF 0dpd 23% €1.3bn Total NPE NPE ratio NPE coverage Provisions & collaterals / NPE (€ m) (%) (%) (%) Consumer 96 5.4 120.7 121 Mortgages 350 4.8 134.7 227 Small Business 276 10.2 75.3 147 Corporate 433 1.8 71.8 146 Greece 1,154 3.2 95.8 169 SEE 376 2.1 88.5 156 Total 1,531 2.8 94.0 166 NPF1 NP3
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37 51.6% 51.1% 48.6% 48.5% 48.1% 3Q24 4Q24 1Q25 2Q25 3Q25 7.1% 7.3% 8.1% 8.7% 9.7% 3Q24 4Q24 1Q25 2Q25 3Q25 89.9% 88.4% 89.1% 92.8% 94.0% 3Q24 4Q24 1Q25 2Q25 3Q25 Note: Figures excluding HB NPE under the APS, which as of 30 September 2025 are classified as held for sale. 1. Including €141m POCI performing loans. 2. Including €51m off-balance sheet provisions. 3. Including €2m off-balance sheet provisions. 4. Including €28m off-balance sheet provisions. Loans’ stage breakdown Provisions stock over NPE Loans’ stage analysis (Group) Stage 2 loans coverage Stage 3 loans coverage (NPE) (€ bn) 3Q24 4Q24 1Q25 2Q25 3Q25 Stage 1 43.7 45.5 46.3 46.8 47.6 Stage 2 4.9 4.9 4.9 5.0 5.0 Stage 3 (NPE) 1.5 1.5 1.5 1.5 1.5 Total 50.2 52.1 52.9 53.4 54.31 2 43
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Capital 9M 2025 Results
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39 15.5% 15.5%2 11.6% 67bps (31bps) (24bps) (6bps) (3bps) 2Q25 3Q25 Net Profit 3Q25 Payout Accrual Asset Growth DTC Other 3Q25 2025 OCR Capital ratios (CET1, q-o-q) RWAs (€ m) 51,110 51,814 Capital (€ m) 7,927 8,049 3 1. Including period profits, subject to AGM approval. 2. Pro forma Sun (ex-Solar) NPE transaction. 3. Payout subject to regulatory and AGM approval. 4. Including DTC prudential acceleration (7bps). 1 4 1
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40 15.5% 15.5% 15.3%1.0% 1.0% 3.3% 67bps (31bps) (31bps) (6bps) (92bps) (2bps) 2.4% 2Q25 3Q25 Net Profit 3Q25 Payout accrual Asset Growth DTC Tier II Other 3Q25 2025 CAD OCR Capital ratios (CAD, q-o-q) RWAs (€ m) 51,110 51,814 Capital (€ m) 10,128 9,774 11 19.8% Tier II CET1 18.9%2 AT1 CET1` Tier II 3 4 1. Including period profits, subject to AGM approval. 2. Pro forma Sun (ex-Solar) NPE transaction. 3. Payout subject to regulatory and AGM approval. 4. Including DTC prudential acceleration (7bps). 5. Mainly due to redemption of the legacy Tier II. AT1 5
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Sustainability https://www.eurobankholdings.gr/en/esg-environment-society-governance 9M 2025 Results
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Operational Impact Strategy Highlights – Environment (1/3) Environment 42 • 25,463 MWh total electricity consumption • 97.96% of total electricity consumed was sourced from Renewable Energy Sources (Certified Guarantees of Origin plus own production) • 982 MWh consumed from own-produced electricity • 87% of Eurobank's leased vehicles are plug-in/electric (new contracts), as part of its efforts to accelerate the complete replacement of its fleet with electric or hybrid vehicles. • 105% increase in paper recycling compared to 9M 2024, with 97.6% originating from the disposal of physical historical archives • Hazardous Waste for Public programme: 11.3 tn placed in the recycling Hungry Bins installed in 11 locations throughout Greece, from the launch of the programme.
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Operational Impact Strategy Highlights – Social (2/3) Inclusive Entrepreneurship • The egg Accelerator, Eurobank’s business accelerator, participated in the European Angel Investment Summit 2025 (Copenhagen), facilitating pitches for startups to international investors with EBAN (European Business Angel Network). • The egg Accelerator in collaboration with EBAN introduced a two-month online mini acceleration program with the participation of 36 startups from 23 different countries. The goal was to introduce international startups to the Greek startup ecosystem and support their soft land in Greece. • Launch of the Acceleration Platform: A call for startups to apply for the egg acceleration platform and seize the opportunity to accelerate the growth of their business. • Eurobank’s business accelerator, organized another Business Day and brought together 15 startups specializing in Life Sciences, Energy and ICT with senior executives of DEMO Pharmaceuticals S.A., aiming to open new horizons and create significant growth opportunities. Financial Inclusion – AFI • Founded in 2014 as a civil non-profit company and since 2023 as microfinance company, AFI promotes financial inclusion and entrepreneurship in Greece through microfinance services – Since November 2024, Eurobank holds 19.9% of the Company’s common shares and 100% of its preferred shares. • Since 2016, AFI has partnered with Eurobank under the Employment and Social Innovation ("EaSI") programme to provide guidance, training and advisory services to socially vulnerable groups and micro-businesses. Eurobank has granted more than 650 microloans totalling over €7 million, creating more than 1,000 jobs. Eurobank’s commitment to AFI is further evidenced through the €5 million credit line limit to AFI (during 2024), facilitating the disbursement of over €3 million in loans by the Q3 of 2025, averaging €13,500 each. Of the total loans granted, 34% were allocated to borrowers aged 20–35, 35% of borrowers reside in rural areas and 42% of the funded businesses are women-owned. • As part of its Corporate Social Responsibility initiatives, Eurobank also provides financial support to AFI through the “Moving Family Forward” initiative, promoting sustainability, inclusion and better living conditions for vulnerable groups, such as supporting families with three or more children living in border regions who wish to purchase, build, or renovate their first home. We offer them a new housing loan with a preferential fixed interest rate of 1.00% for the entire duration of the loan, with no additional charges for legal and technical inspections. Socio-Economic Impact • Eurobank participates in the “Marietta Giannakou” programme to restore 430 school buildings in 245 municipalities across Greece, activating the €25 million donation of the Bank, from the total of €100 million that will be provided by the 4 systemic banks | A total funding of €400 million by 2027. Accessibility & Inclusion for Customers • In compliance with the Law 4994/2022 on Accessible Products & Services, Eurobank is the first bank in Greece to publish formal Accessibility Statement in late June, with Eurobank emerging as a market leader in Accessibility. • 4,069 employees have completed the accessibility training material that was uploaded to Eurobank’s platform in August. • Digital Disability Card registrations have continued to rise significantly since the service launch, reaching 337 in Q3 compared to 9 in Q1. Well-being culture • More than 350 members of Eurobank’s Running Team and TeamUp participated in the 17th Greece Race for the Cure® 2025, the annual race organized by Hellenic Association of Women with Breast Cancer, Alma Zois. • In the context of the “myProsperity” initiative, more than 1,300 colleagues joined the Inspirational Talk with Panos Dimakis, held as part of the National Customer Service Week 2025, an engaging session that combined inspiration, humour and a knowledge challenge. Society 43
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Operational Impact Strategy Highlights – Governance & Business (3/3) Internal Sustainability Engagement • Eurobank’s voluntary action is part of a coordinated initiative to protect the country's aquatic ecosystems: o 50 TeamUp volunteers from the Peloponnese visited Ancient Olympia, where, with We4all, they planted and took care of 150 saplings. o 180 volunteers from Northern Greece were in Serres, contributing to the protection of the unique ecosystem of Lake Kerkini. The action was carried out in collaboration with iSea, while over 450 kg of waste was collected. Internal Sustainability Awareness • Extensive sustainability upskilling programmes/ initiatives for all staff members and dedicated sessions to specific groups on emerging topics. External Sustainability Awareness • In July, the 7th edition of Eurobank’s ESG newsletter “Insight”, titled “The Human Factor”, was distributed, featuring its latest news and initiatives in environmental, social and governance matters. Ethics and Transparency • Two focused digital learning programmes on Whistleblowingand on Anti-Bribery and Corruption were implemented for all staff with 97% completion so far. • A digital awareness/ acceptance programme on the updated Code of Conduct and Ethics(annual review) was delivered to all staff, outlining the principles, rules and conduct – 99% of staff completed the programme. Governance 44
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Financed Impact Strategy – Progress & Key Figures 1 Bank data as of 30.09.2025 2 Group data as of 30.06.2025 3 For Group’s lending and investment portfolios within its Banking Book Portfolio Decarbonization has a pivotal role in our sustainability strategy2 45 Accelerated sustainable financing in line with our ambitious strategy1 More than €2.4bn in new green disbursements to corporate clients, mainly focusing on energy financing (for the 2023-2025 period) On track to meet the 20% target for annual corporate portfolio disbursements classified as Green / Environmentally sustainable Solid 100% of disbursements related to construction of new buildings were directed to green More than €230mn in Assets under Management, continuing the upward trend in ESG mutual funds No new financing towards most carbon-intensive global corporates worldwide Green Asset Ratio KPI: 3.2% (Turnover) (compared to 2.6% as of year-end 2024) Sustainable Financing Exposure of more than €6.9bn (incl. Taxonomy-aligned Exposure of c. €2.4bn) 13.2% of total exposures secured by real estate with actual EPC (compared to 10.9% as of year-end 2024) Financed Emissions3 of 25.6 mn tCO2e
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Financed Impact Strategy – The pathway to Net Zero 46 Sector Boundaries Emission scopes covered Target Metric Scenario / Pathway Eurobank’s emission reduction targets Base year Baseline value 2030 target % reduction 2024 value Power generation Fossil & RES electricity generators Scope 1,2 Intensity kgCO2e / MWh IEA NZE 2050 (2023 Update) 2023 244 220 - 10% 193 (-22 % vs baseline) Oil & gas Mid / Downstream activities Scope 1,2 Absolute tCO2e IEA NZE 2050 (2023 Update) 2024 558 (100 indexed) 530 (95 indexed) - 5% n/a Iron & Steel Up / Mid / Downstream manufacturers Scope 1,2 Intensity tCO2e / t steel IEA Net Zero by 2050 (2021) 2023 0.37 0.33 - 10% 0.42 (+14% vs baseline Cement Cement and concrete manufacturers Scope 1,2 Intensity tCO2e / t cement IEA NZE 2050 (2023 Update) 2023 0.67 0.59 - 12% 0.66 (-1% vs baseline) As part of its strategic roadmap, Eurobank is currently developing a comprehensive transition plan that will cover key areas and sectors within the Group portfolio, supporting its long-term sustainability goals. This initiative complements the Group’s publication of the first wave of sectoral targets on four priority sectors, which represent a substantial portion of its financed emissions. Setting and achieving these targets reflects the Group’s strategic vision and proactive stance in facilitating a transition to a low-carbon, sustainable, and resilient economy. The Group’s aim is to align with the ambition of limiting global warming to 1.5°C by 2050.
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Sustainability Ratings & Distinctions Ratings Distinctions • Global Finance magazine: Eurobank has been named "Best Consumer Digital Bank in Western Europe" for the sixth consecutive year and received the "Best User Experience (UX) for Businesses" award at Global Finance's 2025 World's Best Digital Bank Awards. • The Bank received a total of 17 prestigious distinctions, among which, Eurobank was named the "Best Digital Bank in Greece" for consumers and corporates and received awards for the "Best Mobile Banking App" in Greece in both categories.
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9M 2025 Results Macroeconomic update
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49 • As of May 2025, Greece is rated investment grade by all major agencies, with S&P and DBRS one notch above minimum Macro highlights (Greece) 2024A 2025E 2026E Source GDP growth 2.1% 2.2% 2.4% Draft Budget 2026 Inflation (avg) 3.0% 3.0% 2.2% Unemployment (avg) 10.1% 9.1% 8.6% General Government primary surplus 4.7% 3.6% 2.8% Gross Public Debt / GDP 154.2% 145.4% 137.6%
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50 Real GDP growth continues to overperform the Euro Area Sources: ELSTAT, Eurostat, Eurobank Research Annual % change Greece EA 1H25 GDP 2.0 1.5 Private consumption 1.5 1.4 Government consumption 0.2 1.9 Gross Capital Formation -3.5 5.3 Gross Fixed Capital Formation 2.1 2.7 Exports 2.2 1.3 Exports of goods 0.5 1.4 Exports of services 2.2 1.2 Imports -0.6 3.1 Imports of goods -1.8 2.7 Imports of services 2.6 3.9
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51 Source: ELSTAT, Eurostat, Eurobank Research Labour Market (Greece) Long term unemployment decreases, still above the pre-debt crisis level Employment remains on an upward trajectory contributing positively to households’ disposable incomes Recovery of productivity requires continued implementation of structural reforms and investments The unemployment rate continues to decline amid labor shortages, reducing the gap with the Euro Area
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52 Source:IOBE, S&P Global, Eurobank Research Selected indicators of economic activity (Greece) 52.0 49 .8 28 33 38 43 48 53 58 63 68 Sep-11 Sep-12 Sep-13 Sep-14 Sep-15 Sep-16 Sep-17 Sep-18 Sep-19 Sep-20 Sep-21 Sep-22 Sep-23 Sep-24 Sep-25 Index Month-Year PMI Manufacturing Index Greece Euro Area
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53 Real estate: apartment prices & residential investment (Greece) Source: BoG, ELSTAT, Eurostat • Real estate: apartment prices in nominal terms have almost returned to their pre-debt crisis level • Residential investment is rising but still at 2.6% of GDP vs. 5.7% in the Euro Area
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54 Real estate market dynamics (Greece) Source: Eurostat, ELSTAT, Bank of Greece, The Joint Research Centre, Eurobank Research Average House Price over gross disposable income per capita
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55 Sources: ELSTAT, Greek Government (2026 Draft Budget), IMF Note: GG stands for General Government. Fiscal and current account balances (Greece) ▪ GG primary surplus of 2.0% and 4.7% of GDP in 2023 and 2024; expected at 3.6% and 2.8% of GDP in 2025 and 2026 (2026 Draft Budget) ▪ Current account deficit at -7.0% of GDP in 2024, from -6.7% of GDP in 2023 and -10.7% in 2022; forecasted at -5.8% of GDP in 2025 and -53% in 2026 (IMF, October 2025), with upside risks from strong goods imports’ growth and downside risks from oil prices GG overall & primary fiscal balances, public debt (% of GDP, ESA terms) Current Account Balance (% of GDP)
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56 6.2 4.8 GR EA Periphery 19.0 7.7 GR EA Periphery 6.7 11.3 GR EA Periphery Sources: Eurostat, European Commission (EC), PDMA Notes: 1. Excluding Eurosystem GGBs holdings, purchased through PEPP, including Repos. 2. EA periphery countries: Ireland, Spain, Cyprus, Italy and Portugal; 3. Including intra-gov. debt of €2.1bn. Sovereign debt profile (Greece) ▪ Greece's Gross Public Debt is expected to decrease to 145.4% in 2025 and 137.6% in 2026 (2026Draft Budget), down from 164.3% in 2023 and a peak of 209.4% in 2020 ▪ The debt figures include EFSF loan interest capitalization and GDP revision ▪ €5.3bn to be repaid in Dec 25. Expected to improve the Debt – to- GDP ratio by 2.2% ▪ Total issuance in 2025 is expected at €8.0bn, from €9.6bn in 2024; 90.6% of the 2025 issuance already covered as of mid-October 25 (PDMA); Financing needs for 2026 expected at similar levels with 2025 (2026 Draft Budget) ▪ As of October 2025, Greece holds investment-grade ratings from all four major agencies, with S&P and DBRS rating it one notch above the minimum. This makes Greek bonds fully eligible as Eurosystem collateral ▪ GG cash buffer at ca €40.0bn at end-of-June 2024 (hence 2025 net debt expected at 129.4%GDP); it allows for further debt reduction in the coming years Interest Debt service to Revenues (2024, %) Average maturity (2024, years, #) General Government gross public debt (% of GDP, ESA terms) Gross Financing Needs (2024, %GDP) 2 2, 3 2
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57 Source: CYSTAT, Central Bank of Cyprus, Eurobank Economic Research Drivers of GDP growth ▪ GDP growth accelerated to 3.3% y-o-y in 2Q25, from 3.1% y-o-y in 1Q25. The European Commission (May 2025) foresees a 3.0% growth in 2025 and a deceleration to 2.5% in 2026 ▪ Unemployment at 4.3% in 2Q25, a 17-year low for this period of the year ▪ Strong disinflation due to a VAT cut in electricity and food deflation brought down the headline print to 0.0% in Aug-Sep, an EU low ▪ Resilience in tourism: After an all-time high in travelers in 2024, an 10.3% y-o-y increase in Jan-Sep 2025 arrivals provides further tailwinds ▪ Stronger growth in the volume of real estate sales in 2025 than in 2024 (+13.0% y-o-y in Jan-Aug vs. +1.5%), based mainly on domestic demand (58% of total growth), with foreign purchases also showing a significant uptick (+14.0% y-o-y) Cyprus Current account & components
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58 Source: Eurostat, National Bulgarian Bank, Bulgarian Statistical Institute, Eurobank Research ▪ Resilient economic growth continued in 2Q25, with GDP expanding by 3.4% y-o-y, marginally outpacing the 3.3% y-o-y pace recorded in 1Q ▪ Inflation escalated after the approval of the Eurozone entry, despite the measures taken in August: 4.1% y-o-y in September from 2.8% y-o-y in April ▪ Robust credit expansion continues, mainly towards households (+20.9% y-o-y in 3Q), but also to businesses (+8.8% y-o-y) ▪ Debt to GDP at 26.3% in 2Q25, one of the lowest in EU, but fiscal deficit increased in 2025 Bulgaria’s growth performance outpaced regional peers in Q2 Current account evolution Bulgaria
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9M 2025 Results Appendix I – Supplementary information
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60 Greek Sovereign Credit Rating Cyprus Sovereign Credit Rating Bulgaria Sovereign Credit Rating Eurobank Long Term Eurobank Outlook Baa3 A3 Baa1 Baa1 Stable BBB A- BBB+ BBB- Stable BBB- A- BBB+ BBB- Positive BBB A BBB high BBB Positive Credit ratings Note: Moody’s: Long term senior unsecured debt rating of Eurobank S.A. (Greece). S&P Global Ratings, Fitch Ratings, Morningstar DBRS: Long term issuer ratings of Eurobank S.A. (Greece).
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61 1. Adjusted net profit. 2. Including fair value changes of loans in portfolio hedging of interest rate risk (-€18m in 3Q25, -€14m in 2Q25). 3. Excl. HB NPE under APS. 4. Including CNP Cyprus insurance negative goodwill (€21m), contribution to the Greek state’s infrastructure projects (-€19m) and restructuring costs (-€6m). 5. Including mainly €38m negative goodwill from CNP Cyprus insurance acquisition. Summary performance Balance sheet – key figures Income statement – key figures € m 3Q25 2Q25 Gross customer loans 54,262 53,611 Provisions (1,387) (1,358) Loans FVTPL 23 23 Net customer loans 52,8812 52,2622 Customer deposits 78,999 78,152 Eurosystem funding - - Total equity 9,908 9,643 Tangible book value 8,929 8,681 Tangible book value / share (€) 2.46 2.38 Earnings per share (€) 0.09 0.10 Risk Weighted Assets 51,814 51,110 Total Assets 102,969 102,228 Ratios (%) 3Q25 2Q25 CET1 15.5 15.5 Loans/Deposits 66.9 66.9 NPE 2.8 2.83 NPE coverage 94.0 92.83 Headcount (#) 12,464 12,453 Branches and distribution network (#) 562 567 € m 3Q25 2Q25 Net interest income 631.8 632.5 Commission income 192.8 195.2 Operating income 844.4 834.4 Operating expenses (316.3) (309.7) Pre-provision income 528.1 524.7 Loan loss provisions (82.2) (79.0) Other impairments (7.1) 5.9 Net income after tax1 347.0 362.2 Discontinued operations - (3.6) Restructuring costs (after tax)& other (4.6)4 17.75 Net Profit / Loss 342.4 376.5 Ratios (%) 3Q25 2Q25 Net interest margin 2.46 2.50 Fee income / assets 0.75 0.77 Cost / income 37.5 37.1 Cost of risk 0.63 0.61
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62 Consolidated quarterly financials – Income statement (€ m) 3Q25 2Q25 1Q25 4Q24 3Q24 Net Interest Income 631.8 632.5 637.9 677.3 697.7 Commission income 192.8 195.2 169.2 215.3 167.8 Other Income 19.8 6.6 20.0 (2.3) 26.0 Operating Income 844.4 834.4 827.1 890.3 891.4 Operating Expenses (316.3) (309.7) (304.4) (317.2) (297.1) Pre-Provision Income 528.1 524.7 522.7 573.1 594.3 Loan Loss Provisions (82.2) (79.0) (76.3) (90.5) (85.3) Other impairments (7.1) 5.9 (5.9) (29.3) (4.7) Adjusted Profit before tax 450.0 466.8 449.1 455.9 575.3 Adjusted Net Profit 347.0 362.2 348.5 339.7 413.1 Discontinued operations - (3.6) - - - Negative goodwill 20.51 38.01 - - - Restructuring costs (after tax) & other (25.1)2 (20.3) (34.4) (26.7)2 0.6 Net Profit / loss 342.4 376.5 314.1 313.0 413.6 1. CNP Cyprus insurance acquisition negative goodwill (provisional). 2. Including contribution to the Greek state’s infrastructure projects (-€19m) .
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63 Consolidated quarterly financials – Balance sheet (€ m) 3Q25 2Q25 1Q25 4Q24 3Q24 Consumer Loans 4,767 4,687 4,591 4,535 4,482 Mortgages 12,865 12,750 12,515 12,474 12,325 Household Loans 17,631 17,438 17,106 17,008 16,807 Small Business Loans 3,526 3,605 3,557 3,586 3,537 Corporate Loans 29,123 28,463 28,194 27,307 25,653 Business Loans 32,649 32,068 31,751 30,893 29,190 Senior notes 4,028 4,141 4,231 4,368 4,382 Total Gross Loans1 54,267 53,620 53,051 52,262 50,367 Total Deposits 78,999 78,152 77,135 78,593 74,625 Total Assets 102,969 102,228 100,426 101,150 99,593 1. Including Loans at FVTPL and fair value changes of loans in portfolio hedging of interest rate risk.
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64 1. Including Loans at FVTPL and fair value changes of loans in portfolio hedging of interest rate risk. Consolidated financials Income Statement (€ m) 9M25 9M24 Δ y-o-y (%) Net Interest Income 1,902.2 1,829.7 4.0 Commission income 557.2 450.5 23.7 Other Income 46.4 71.6 (35.1) Operating Income 2,505.9 2,351.8 6.6 Operating Expenses (930.4) (754.3) 23.3 Pre-Provision Income 1,575.5 1,597.5 (1.4) Loan Loss Provisions (237.5) (228.9) 3.7 Other impairments (7.1) (30.3) (76.5) Adjusted Profit before tax 1,365.9 1,496.5 (8.7) Adjusted Net Profit 1,057.7 1,144.7 (7.6) Discontinued operations and Hellenic bank transactions 54.9 92.3 Restructuring costs (after tax) & other adjustments (79.7) (102.1) Net Profit / loss 1,032.9 1,134.9 (9.0) Balance sheet (€ m) 9M25 9M24 Δ y-o-y (%) Consumer Loans 4,767 4,482 6.3 Mortgages 12,865 12,325 4.4 Household Loans 17,631 16,807 4.9 Small Business Loans 3,526 3,537 (0.3) Corporate Loans 29,123 25,653 13.5 Business Loans 32,649 29,190 11.8 Senior notes 4,028 4,382 (8.1) Total Gross Loans1 54,267 50,367 7.7 Total Deposits 78,999 74,625 5.9 Total Assets 102,969 99,593 3.4
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65 1. As reported to the Central Banks. 2. Adjusted profit before tax. 3. Adjusted net profit.. SEE operations key figures – 3Q25 Bulgaria Cyrpus Lux Sum Balance Sheet (€m) Assets 12,733 28,114 2,842 43,689 Gross loans 8,664 8,634 947 18,245 Net loans 8,453 8,536 947 17,936 NPE loans 204 165 0 369 Deposits 9,745 23,331 2,468 35,544 CAD1 23.3% 38.8% 22.4% Income statement (€m) Core Income 125.3 226.9 15.5 367.7 Operating Expenses (45.8) (83.6) (9.1) (138.5) Loan loss provisions (13.9) 2.3 (0.0) (11.6) Profit before tax2 66.4 150.6 6.7 223.7 Net Profit3 56.7 120.3 5.1 182.1 Branches (#) Retail 185 50 - 235 Business / Private banking centers 11 21 3 35 Headcount (#) 3,340 2,939 148 6,427
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9M 2025 Results Appendix II – Glossary
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67 Glossary – Definition of Alternative Performance Measures (APMs) & other selected financial measures / ratios This document contains financial data and measures as published or derived from the published consolidated financial statements which have been prepared in accordance with International Financial Reporting Standards (IFRS). Additional sources used, include information derived from internal information systems consistent with accounting policies and other financial information such as consolidated Pillar 3 report. The financial data are organized into two main reportable segments, Greece view and International Operations view. Greece view includes the operations of Eurobank S.A. and its Greek subsidiaries, incorporating all business activities originated from these entities, after the elimination of intercompany transactions between them. International Operations include the operations in Bulgaria, Cyprus and Luxembourg. Each country comprises the local bank and all local subsidiaries, incorporating all business activities originated from these entities, after the elimination of intercompany transactions between them.
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68 Glossary – Definition of Alternative Performance Measures (APMs) & other selected financial measures / ratios Adjusted net profit: Net profit/loss attributable to shareholders excluding restructuring costs, goodwill impairment / gain on acquisition, gains/losses related to the transformation plan and NPE reduction plans, contribution to Greek States’s infrastructure projects, net loss from discontinued operations and income tax adjustments. APS: Asset Protection Scheme Basic Earnings per share (EPS): Net profit attributable to ordinary shareholders divided by the weighted average number of ordinary shares in issue during the period, excluding the average number of ordinary shares purchased by the Group and held as treasury shares. Commission income: The total of Net banking fee and commission income and Income from non-banking services of the reported period. Core Pre-provision Income (Core PPI): The total of net interest income, net banking fee and commission income and income from non-banking services minus the operating expenses of the reported period. Common Equity Tier I (CET1): In accordance with the Regulation (EU) No 575/2013, as in force, Common Equity Tier I regulatory capital divided by total Risk Weighted Assets (RWAs). Core Operating Profit: Core pre-provision income minus impairment losses relating to loans and advances charged in the reported period Cost to core income: Total operating expenses divided by total core operating income. Core operating income is the total of net interest income, net banking fee and commission income and income from non banking services. Cost to Income ratio: Total operating expenses divided by total operating income. Deposits Betas: The quantification of the interest rates pass through, that is the level of incorporation of the changes of monetary policy or money market Bor rates into Due to Customers interest rates. It’s calculated as the actual Deposits Client Rate cost divided by the Reference Bor Rate. Deposits Spread: Accrued customer interest expense over matched maturity and currency libor, annualized and divided by the reported period average Due to Customers. The period average for Due to Customers is calculated as the daily average of the customers’ deposit volume as derived by the Bank’s systems. Deposits Client Rate: Accrued customer interest expense, annualized and divided by the reported period average Due to Customers. The average for Due to Customers is calculated as the daily average of the customers’ deposit volume as derived by the Bank’s systems. ESG: Environmental Social Governance.
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69 Glossary – Definition of Alternative Performance Measures (APMs) & other selected financial measures / ratios Fees & commissions over assets ratio: The total of net banking fee and commission income & income from non banking services of the reported period, annualized and divided by the average balance of continued operations’ total assets (the arithmetic average of total assets, excluding t hose related to discontinued operations’, at the end of the reported period, at the end of interim quarters and at the end of the previous period). Forborne: Forborne exposures (in compliance with EBA Guidelines) are debt contracts in respect of which forbearance measures have been extended. Forbearance measures consist of concessions towards a debtor facing or about to face difficulties in meeting its financial commitments (“ financial difficulties”). Forborne Non-performing Exposures (NPF): Forborne Non-performing Exposures (in compliance with EBA Guidelines) are the Bank’s Forborne exposures that meet the criteria to be classified as Non-Performing. GHG: Greenhouse Gases emissions from human activities strengthen the greenhouse effect, causing climate change, mostly from burnin g fossil fuels. Liquidity Coverage Ratio (LCR): The total amount of high quality liquid assets over net liquidity outflows for a 30-day stress period. Loans to Deposits: Loans and Advances to Customers at amortized cost divided by Due to Customers at the end of the reported period. Loans Spread: Accrued customer interest income over matched maturity and currency libor, annualized and divided by the reported period average Gross 1Loans and Advances to Customers. The period average for Gross Loans and Advances to Customers is calculated as the weighted daily average of the customers’ loan volume as derived by the Bank’s systems. 1Up to FY-2017 Loans spread was calculated based on Net Loans & Advances to Customers. Comparatives have been restated accordingly Net Interest Margin (NIM): The net interest income of the reported period, annualized and divided by the average balance of continued operations’ total assets (the arithmetic average of total assets, excluding those related to discontinued operations, at the end of the reported period, at the end of interim quarters and at the end of the previous period). Net profit from continuing operations, before restructuring costs: Net profit from continuing operations after deducting restructuring costs net of tax Net Zero: a state of a business where we add no incremental greenhouse gases to the atmosphere. Emissions output is balanced with offse tting or removal of carbon from the atmosphere via carbon sinks. Non-performing exposures (NPE): Non Performing Exposures (in compliance with EBA Guidelines) are the Group’s material exposures which are more than 90 days past-due or for which the debtor is assessed as unlikely to pay its credit obligations in full without realization of collateral , regardless of the existence of any past due amount or the number of days past due. The NPEs, as reported herein, refer to the gross loans at amortised cost except for those that have been classified as held for sale.
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70 Glossary – Definition of Alternative Performance Measures (APMs) & other selected financial measures / ratios NPE Coverage ratio: Impairment allowance for loans and advances to customers and ECL allowance for credit related commitments (off balance sheet items), divided by NPEs at the end of the reported period. NPE ratio: Non Performing Exposures (NPE) at amortized cost divided by Gross Loans & Advances to Customers at amortized cost at the end of the reported period. NPEs formation: Net increase/decrease of NPEs in the reported period excluding the impact of write offs, sales & other movements. Other Income: The total of net trading income, gains less losses from investment securities and other income/ (expenses) of the reported pe riod. Pre-provision Income (PPI): Profit from operations before impairments, risk provisions and restructuring costs as disclosed in the financial statements f or the reported period. Provisions (charge) to average net loans ratio (Cost of Risk): Impairment losses relating to loans and advances charged in the reported period, excluding the amount associated with loans and advances to customers at amortized cost classified as held for sale, annualised and divided by the average balance of loans and advances to customers at amortised cost (the arithmetic average of loans and advances to customers at amortised cost, at the end of the reported period, at the end of interim quarters and at the end of the previous period). Provisions/Gross Loans: Impairment Allowance for Loans and Advances to Customers including impairment allowance for credit related commitments (off b alance sheet items)-divided by Gross Loans and Advances to Customers at amortized cost at the end of the reported period. Return on tangible book value (RoTBV): Adjusted net profit divided by average tangible book value. Tangible book value is the total equity excluding preference shares, AT1 capital instruments and non controlling interests minus intangible assets. Risk-weighted assets (RWAs): Risk-weighted assets are the Group's assets and off -balance-sheet exposures, weighted according to risk factors based on Regulat ion (EU) No 575/2013 as in force, taking into account credit, market and operational risk. POCI loans: Purchased or originated credit – impaired financial assets Total Capital Adequacy ratio: In accordance with the Regulation (EU) No 575/2013, as in force, Total regulatory capital divided by total Risk Weighted Asse ts (RWAs). Tangible Book Value: Total equity excluding preference shares, AT1 capital instruments and non controlling interests minus intangible assets Tangible Book Value/Share: Tangible book value divided by outstanding number of shares as at period end excluding own shares. ISO 14064-1:2018: Specification issued by the International Standards Organization (ISO) with guidance at the organization level for quantifica tion and reporting of greenhouse gas emissions and removals.
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Investor Relations contacts Dimitris Nikolos +30 214 4058 834 dnikolos@eurobankholdings.gr Yannis Chalaris +30 214 4058 832 ychalaris@eurobankholdings.gr Christos Stylios, CFA +30 214 4058 833 cstylios@eurobankholdings.gr Investor Relations Division +30 214 4058 834 investor_relations@eurobankholdings.gr Reuters: EURBr.AT Bloomberg: EUROB GA Website: www.eurobankholdings.gr