Interim report
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Summary of the Financial Statements for the First Nine Months of FY2025 [JGAAP] (Consolidated) February 4, 20 26 Company name Aozora Bank, Ltd. TSE code 8304 URL https://www.aozorabank.co.jp/ Representative Hideto Oomi, President and CEO Contact person Yukie Tajima, Joint General Manager of Financial Control Division Dividend payable date March 9, 2026 Reference material Affirmative Trading accounts Affirmative Investor meeting Affirmative TEL (03)6752-1111 Listed exchange Tokyo Stock Exchange (Unit: JPY millions, rounded down) 1. Business highlights for the first nine months of FY2025 (1) Consolidated business results (Note: Percentages show year-on-year rates of change) Nine months ended Millions of yen % Millions of yen % Millions of yen % December 31, 2025 179,774 4.6 23,662 78.0 21,825 34.5 December 31, 2024 171,940 (11.0) 13,294 — 16,231 — Ordinary income Ordinary profit Profit attributable to owners of parent (Note) Comprehensive income JPY 32,473 million 122.6% (Nine months ended December 31, 2025) JPY 14,589 million －% (Nine months ended December 31, 2024) Net income per common share (basic) Net income per common share (diluted) Nine months ended Yen Yen December 31, 2025 157.72 157.43 December 31, 2024 123.67 123.46 (2) Consolidated financial condition Total assets Total net assets Net assets to total assets ratio Net assets per common share Millions of yen Millions of yen % Yen December 31, 2025 8,419,380 483,106 5.6 3,423.77 March 31, 2025 7,762,434 459,685 5.8 3,258.51 (Reference) Total net assets (less Share acquisition rights and Non-controlling interests) JPY 473,785 million (December 31, 2025) JPY 450,916 million (March 31, 2025) (Note) Net assets to total assets ratio = (Total net assets - Share acquisition rights - Non-controlling interests) / Total assets The above Net assets to total assets ratio is different from the capital adequacy ratio prescribed in the notification of the Financial Services Agency. 2. Dividend Yen Yen Yen Yen Yen FY2024(common share) FY2025(common share) FY2025(common share) (Forecast) Annual dividend 1Q end Annual3Q end2Q end Year-end 19.00 79.0022.00 22.00 19.00 22.00 19.00 88.0022.00 22.00 (Note) Revision of dividends forecast to the latest announcement Affirmative Because the d ividend forecast for year-end FY202 5 has be come a fi xed amount, revision of dividen ds forecast to the latest announcement is shown as ‘Affirmative’. The common share dividend forecast for FY2025 would be 88.00 yen per common share, which remains unchanged from the dividend forecast previously announced on May 14, 2025.
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3. Consolidated earnings forecast for the year ending March 31, 2026 (FY2025) (Note: Percentages show year-on-year rates of change) Millions of yen % Millions of yen % FY2025 (Full Year) 30,000 70.8 22,000 7.2 Ordinary profit Profit attributable to owners of parent Net income per common share Yen 158.98 (Note) Revision of consolidated earnings forecast to the latest announcement None * Notes (1) Significant changes in the scope of consolidation during the first nine months Affirmative Excluded: 1 company (Aozora Asia Pacific Limited) (2) Accounting treatments particularly used for the quarterly financial statements None (3) Changes in accounting policy, accounting estimates, or retrospective restatements (a) Changes with revisions of accounting standards None (b) Changes other than (a) above None (c) Changes in accounting estimates None (d) Retrospective restatements None (4) The number of common shares issued December 31, 2025 March 31, 2025 (a) The number of common shares issued ( including treasury shares ) 139,789,418 139,789,418 (b) The number of treasury shares 1,408,294 1,408,328 Nine months ended December 31, 2025 Nine months ended December 31, 2024 (c) The average number of common shares outstanding ( 9 months ) 138,381,117 131,246,989 * Review of the Japanese-language originals of the attached consolidated quarterly financial statements by CPAs or audit firms None * Notes and remarks for the proper use of earnings projection The above earnings forecast involves certain risks and uncertainties since the calculations are based on management’s assumptions and beliefs in light of information currently available. This should not be interpreted as a promise or guarantee that the forecast will be achieved. Please be aware that actual results may be materially different from the forecast presented herein due to various factors.
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[ Attachment ] 1. Overview of operating results・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 2. Quarterly consolidated financial statements and main notes・・・・・・・・・・・・・・・・・ (1) Quarterly consolidated balance sheet・・・・・・・・・・・・・・・・・・・・・・・・・ (2) Quarterly consolidated statement of income and quarterly consolidated statement of comprehensive income・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ Quarterly consolidated statement of income・・・・・・・・・・・・・・・・・・・・・・・・・ Quarterly consolidated statement of comprehensive income ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ (3) Notes to quarterly consolidated financial statements・・・・・・・・・・・・・・・・・・・ (Information on going concern assumption) ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・・ ・ ・ (Additional information)・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ (Quarterly consolidated statement of income) ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・・ (Changes in shareholders' equity) ・・・・・・・・・・・・・・・・・・・・・・・・・・・・ (Quarterly consolidated statement of cash flows) ・・・・・・・・・・・・・・・・・ ・ ・ ・ ・・ (Segment information) ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 2 3 3 4 4 4 5 5 5 5 5 6 7 Aozora Bank, Ltd. 1
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1. Overview of operating results For more details, please refer to ‘FY2025 3rd Quarter Financial Results Overview’ that was announced today (February 4, 2026) on TDnet or the Bank’s website (https://www.aozorabank.co.jp/english/ir/library/results/). Aozora Bank, Ltd. 2
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2. Quarterly consolidated financial statements and main notes (1) Quarterly consolidated balance sheet (Millions of yen) As of March 31, 2025 As of December 31, 2025 Assets Cash and due from banks 1,409,371 1,581,901 Call loans and bills bought 31,782 52,395 Monetary claims bought 58,530 52,023 Trading account assets 262,803 408,884 Money held in trust 12,728 10,512 Securities 1,355,458 1,407,647 Loans and bills discounted 4,206,564 4,400,057 Foreign exchanges 46,420 45,639 Other assets 331,054 402,032 Tangible fixed assets 22,385 21,410 Intangible fixed assets 19,075 18,232 Retirement benefit asset 9,430 9,700 Deferred tax assets 51,583 49,251 Customers' liabilities for acceptances and guarantees 18,711 15,661 Allowance for loan losses (71,025) (52,754) Allowance for investment loss (2,439) (3,216) Total assets 7,762,434 8,419,380 Liabilities Deposits 5,598,301 5,975,664 Negotiable certificates of deposit 74,600 13,810 Call money and bills sold 5,000 24,096 Securities sold under repurchase agreements 27,924 37,329 Cash collateral received for securities lent 345,719 386,814 Trading account liabilities 209,155 393,535 Borrowed money 726,300 757,500 Bonds payable 124,640 119,581 Other liabilities 155,993 197,734 Provision for bonuses 4,756 3,157 Provision for bonuses for directors (and other officers) 67 53 Retirement benefit liability 10,353 10,234 Provision for credit losses on off-balance-sheet instruments 1,218 1,092 Reserves under special laws 8 8 Acceptances and guarantees 18,711 15,661 Total liabilities 7,302,748 7,936,274 Net assets Share capital 125,966 125,966 Capital surplus 113,483 113,483 Retained earnings 241,485 254,157 Treasury shares (2,894) (2,894) Total shareholders' equity 478,040 490,712 Valuation difference on available-for-sale securities (39,532) (23,632) Deferred gains or losses on hedges 517 (2,673) Foreign currency translation adjustment 9,604 7,600 Remeasurements of defined benefit plans 2,286 1,777 Total accumulated other comprehensive income (27,123) (16,927) Share acquisition rights 501 626 Non-controlling interests 8,267 8,693 Total net assets 459,685 483,106 Total liabilities and net assets 7,762,434 8,419,380 Aozora Bank, Ltd. 3
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(2) Quarterly consolidated statement of income and quarterly consolidated statement of comprehensive income (Quarterly consolidated statement of income) (Millions of yen) Nine months ended December 31, 2024 Nine months ended December 31, 2025 Ordinary income 171,940 179,774 Interest income 122,302 119,118 Interest on loans and discounts 98,224 89,245 Interest and dividends on securities 16,276 19,432 Trust fees 281 333 Fees and commissions 23,143 28,953 Gain on trading account transactions 2,051 3,255 Other ordinary income 17,216 19,855 Other income 6,945 8,258 Ordinary expenses 158,646 156,111 Interest expenses 85,781 81,846 Interest on deposits 10,305 21,494 Fees and commissions payments 5,049 5,784 Loss on trading account transactions 585 481 Other ordinary expenses 10,856 10,352 General and administrative expenses 45,791 47,709 Other expenses 10,581 9,936 Ordinary profit 13,294 23,662 Extraordinary income 3,408 0 Gain on disposal of non-current assets － 0 Reversal of foreign currency translation adjustment 3,408 － Extraordinary losses 260 7 Loss on disposal of non-current assets － 7 Impairment losses 260 － Profit before income taxes 16,442 23,655 Income taxes - current 1,243 1,329 Income taxes - deferred (554) 68 Total income taxes 689 1,397 Profit 15,753 22,257 Profit (loss) attributable to non-controlling interests (477) 431 Profit attributable to owners of parent 16,231 21,825 (Quarterly consolidated statement of comprehensive income) (Millions of yen) Nine months ended December 31, 2024 Nine months ended December 31, 2025 Profit 15,753 22,257 Other comprehensive income (1,164) 10,215 Valuation difference on available-for-sale securities 405 15,919 Deferred gains or losses on hedges 481 (3,190) Foreign currency translation adjustment (1,685) 1,440 Remeasurements of defined benefit plans, net of tax (278) (508) Share of other comprehensive income of entities accounted for using equity method (86) (3,444) Comprehensive income 14,589 32,473 Comprehensive income attributable to Comprehensive income attributable to owners of parent 15,079 32,022 Comprehensive income attributable to non-controlling interests (489) 450 Aozora Bank, Ltd. 4
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(3) Notes to quarterly consolidated financial statements (Information on going concern assumption) None (Additional information) (Allowance for Loan Losses for Overseas Real Estate Non-Recourse Loans) For overseas real estate non-recourse loans, the Bank assumes a decrease in market liquidity mainly due to the deteriorating environment of the U.S. real estate market, and particularly U.S. office market are expected to stabilize during the FY2025, considering the market trends. In line with this, for all borrowers of overseas real es tate non -recourse loans that require careful monitoring in the future, the loan loss amount mainly estimated by the DCF method is reflected as an addition to the allowance for loan losses determined based on the estimated loan loss ratio. In addition, for non-recourse loans backed by underperforming office properties in the U.S. due to the changes in working styles in the post-COVID-19 period, in order to prepare for the disposal of these properties, for cases where there is a possibility of debt recovery in the future, the Bank evaluates the property considering the risk of price decline during the FY2025 and determines individual borrower category considering the possibility of the debt recovery through the disposal of properti es. The allowance for loan losses is made based on the estimated disposal price assuming the price de cline risk. The above assumptions, which are the basis for the estimates, have a high degree of uncertainty, and depending on the situation, future profits and losses may fluctuate. (Quarterly consolidated statement of income) ‘Reversal of foreign currency translation adjustment ’ included in ’Extraordinary income’ for the nin e months ended December, 2024 is recorded due to the exclu sion of a foreign subsid iary from consolidation, after it has been dissolved in line with the transfer of business and distribution of residual assets. (Changes in shareholders' equity) None Aozora Bank, Ltd. 5
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(Quarterly consolidated statement of cash flows) The quarterly consolidate d statement of cash flows has not been prepared. The d epreciation expenses, including amortization expenses for intangible fixed assets excluding goodwill for the nine months ended December 31, 2025 and 2024, are as follows: (Millions of yen) Nine months ended December 31, 2024 Nine months ended December 31, 2025 Depreciation 5,293 5,502 Aozora Bank, Ltd. 6
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(Segment information) 1. Changes in reportable segments (1) Changes in the method for classifying reportable segments The Bank made an organizational change to better align our management structure with the Mid -term Plan spanning fiscal years 2025 to 2027 from the beginning of the nine months ended December 31, 2025. As a result, the method of classifying reportable segments has been changed. More specifically, the former classification of six operating segments (Institutional Banking Group, Structured Finance Group, International Business Group, Market Group, Customer Relations Group, and GMO Aozora Net Bank) has been changed to four segments: Strategic Investments Unit, Market & International Business Unit, Customer Relations Unit and GMO Aozora Net Bank . (2) Changes in the method of measurement for the amount of revenues, profit (loss) by reportable segments The Bank revised the method for evaluating its funding activity, which is a growth base in the Mid-term Plan, to include the amount of earnings commensurate with the degree of contribution related to funding activity in Consolidated net revenue of each unit from the beginning of the nine months ended December 31, 2025. The information regarding reportable segments for the nine months ended December 31, 2024 has been updated to reflect these new operating segments and revenue management methods. 2. Business revenue and Business-related profit (loss) by reportable segment For the nine months ended December 31, 2024 (Millions of yen) Strategic Investments Unit Market & International Business Unit Customer Relations Unit GMO Aozora Net Bank Total Consolidated net revenue 36,723 15,651 8,527 6,477 67,379 Gains (losses) on equity method investment － 1,387 － － 1,387 Gains (losses) on stock transactions, etc. 753 (0) 303 － 1,056 Business revenue 37,476 17,038 8,831 6,477 69,823 General and administrative expenses 16,188 10,852 7,540 7,043 41,623 Business-related profit (loss) 21,288 6,185 1,291 (565) 28,199 (Note) Due to the nature of the banking business, the Bank uses ‘Business revenue’ as a substitute for ‘Sales’ as would be used by non-financial service companies. 'Business revenue' includes ‘Consolidated net revenue’, 'Gains (losses) on equity method investment', and 'Gains (losses) on stock transactions, etc.' Consolidated net revenue represents the total of net interest income, trust fees, net fees and commissions, net gains on trading account transactions and net other ordinary income recorded in the quarterly consolidated statement of income as well as the amount of earnings commensurate with the degree of contribution related to funding activity. Gains (losses) on stock transactions, etc. represents the total of Gain (loss) on sale of equity securities, Loss on devaluation of equity securities and Gains (losses) on equity derivatives, etc. The Bank oversees its revenue by reportable segment using Business revenue. The Bank offsets interest income and interest expense for the management purpose, therefore, revenue in transactions between reporta ble segments is not disclosed. Aozora Bank, Ltd. 7
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For the nine months ended December 31, 2025 (Millions of yen) Strategic Investments Unit Market & International Business Unit Customer Relations Unit GMO Aozora Net Bank Total Consolidated net revenue 44,195 13,169 8,282 9,559 75,207 Gains (losses) on equity method investment － 1,915 － － 1,915 Gains (losses) on stock transactions, etc. 696 (53) 249 － 893 Business revenue 44,892 15,031 8,532 9,559 78,016 General and administrative expenses 16,813 10,438 7,251 8,718 43,221 Business-related profit (loss) 28,079 4,593 1,280 841 34,794 (Note) Due to the nature of the banking business, the Bank uses ‘Business revenue’ as a substitute for ‘Sales’ as would be used by non-financial service companies. 'Business revenue' includes ‘Consolidated net revenue’, 'Gains (losses) on equity method investment', and 'Gains (losses) on stock transactions , etc.' Consolidated net revenue represents the total of net interest income, trust fees, net fees and commissions, net gains on trading account transactions and net other ordinary income recorded in the quarterly consolidated statement of income as well as the amount of earnings commensurate with the degree of contribution related to funding activity. Gains (losses) on stock transactions, etc. represents the total of Gain (loss) on sale of equity securities, Loss on devaluation of equity securities and Gains (losses) on equity derivatives, etc. The Bank oversees its revenue by reportable segment using Business revenue. The Bank offsets interest income and interest expense for the management purpose, therefore, revenue in transactions between reportable segments is not disclosed. 3. Reconciliation between total business-related profits and ordinary profit in the quarterly consolidated statement of income (Millions of yen ) Nine months ended December 31, 2024 Nine months ended December 31, 2025 Total business-related profits 28,199 34,794 Variances resulting from profit or loss not covered by reportable segments or differences in the basis of revenue and expense recognition and measurement (7,162) (7,340) Amortization of actuarial differences on retirement benefit plans, etc. 360 696 Credit-related expenses, etc. (7,375) (3,993) Others (728) (494) Ordinary profit in the quarterly consolidated statement of income 13,294 23,662 Notes (1) Credit-related expenses, etc., represent the total of write-off of loans, provision of allowance for loan losses and losses on disposition of non-performing loans. (2) ‘Variances resulting from profit or loss not covered by reportable segments or differences in the basis of revenue and expense recognition and measurement’ included the amount of earnings commensurate with the degree of contribution related to funding activity of negative 2,744 million yen for the nine months ended December 31, 2024 and negative 2,798 million yen for the nine months ended December 31, 2025. Aozora Bank, Ltd. 8
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4. Segment information on impairment losses on fixed assets by reportable segment For the nine months ended December 31, 2024 The description is omitted because it is immaterial. For the nine months ended December 31, 2025 Not applicable Aozora Bank, Ltd. 9
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Financial Results for the First Nine Months of FY2025
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Ⅰ. 【Consolidated】 1 【Non-consolidated】 2 Ⅱ. 【Consolidated】 3 Ⅲ. NPLs based on the Banking Act and the FRA, and coverage 【Consolidated】 3 ＊ NPLs : Non-performing loans ＊ FRA : Financial Reconstruction Act 【 INDEX 】 Summary of Revenue and Expenses Unrealized Gains and Losses on Securities
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Aozora Bank, Ltd. Ⅰ. Summary of Revenue and Expenses 【Consolidated】 (Millions of yen) For the nine months ended December 31, 2025 For the nine months ended December 31, 2024 (A) (A)-(B) (B) Consolidated net revenue ※1 73,050 10,328 62,721 Net interest income 37,271 750 36,520 Net fees and commissions 23,502 5,126 18,375 Net gains on trading account transactions 2,773 1,308 1,465 Net other ordinary income 9,502 3,142 6,360 General and administrative expenses (48,405) (2,253) (46,152) Gains (losses) on equity method investments 1,915 528 1,387 Business profit ※2 26,560 8,603 17,957 Credit-related expenses (3,993) 3,381 (7,375) Write-off of loans (5,790) (2,281) (3,508) Net provision of specific allowance for loan losses (2,998) (946) (2,051) Net provision of general allowance for loan losses 6,644 9,332 (2,687) Net provision of allowance for loans to restructuring countries - - - Loss on disposition of loans (2,172) (1,957) (215) Recoveries of written-off receivables 197 (323) 520 Net provision of allowance for credit losses on off-balance-sheet instruments 126 (441) 567 Gains (losses) on stock transactions 1,141 (1,948) 3,089 Other (45) 331 (377) Ordinary profit 23,662 10,368 13,294 Extraordinary profit (loss) (7) (3,155) 3,148 Profit before income taxes 23,655 7,212 16,442 Income taxes-current (1,329) (86) (1,243) Income taxes-deferred (68) (622) 554 Profit 22,257 6,503 15,753 (Profit) loss attributable to non-controlling interests (431) (909) 477 Profit attributable to owners of parent 21,825 5,594 16,231 (Scope of Consolidation and Equity-Method Application) (Number of companies) December 31, 2025 December 31, 2024 (A) (A)-(B) (B) Consolidated subsidiaries 23 (1) 24 Subsidiaries and affiliated companies applying equity-method 1 0 1 Consolidated net revenue = (Interest income - Interest expenses) + (Trust fees + Fees and commissions - Fees and commissions payments) + (Gain on trading account transactions - Loss on trading account transactions) + (Other ordinary income - Other ordinary expenses) ※1 Business profit = Consolidated net revenue - General and administrative expenses + Gains (losses) on equity method investments※2 The amounts are rounded down to the nearest million yen.(Note) - 1 -
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Aozora Bank, Ltd. 【Non-consolidated】 (Millions of yen) For the nine months ended December 31, 2025 For the nine months ended December 31, 2024 (A) (A)-(B) (B) Net revenue 57,733 9,051 48,681 (Excluding gains (losses) on bond transactions) 61,110 15,362 45,748 Net interest income 32,668 2,395 30,273 Net fees and commissions ※1 15,543 3,071 12,471 Net gains on trading account transactions 2,770 1,385 1,385 Net other ordinary income 6,749 2,198 4,551 (Gains (losses) on bond transactions) (3,377) (6,311) 2,933 (35,020) (905) (34,114) Personnel (17,796) (353) (17,442) Property and equipment (15,738) (613) (15,125) Taxes (1,485) 61 (1,546) Business profit before provision of general allowance for loan losses 22,712 8,145 14,567 Core business profit ※2 26,090 14,456 11,634 25,311 13,877 11,433 Credit-related expenses (1,677) 4,975 (6,653) Write-off of loans (5,558) (2,209) (3,348) Net provision of specific allowance for loan losses (2,671) (953) (1,718) Net provision of general allowance for loan losses 6,742 9,293 (2,551) Net provision of allowance for loans to restructuring countries - - - Loss on disposition of loans (348) (283) (64) Recoveries of written-off receivables 70 (399) 470 88 (470) 559 Gains (losses) on stock transactions 1,141 (1,948) 3,089 Other 72 180 (107) Ordinary profit 22,249 11,353 10,896 Extraordinary profit (loss) (6) 253 (260) Profit before income taxes 22,242 11,606 10,636 Income taxes-current (81) 475 (556) Income taxes-deferred (659) (2,357) 1,698 Profit 21,502 9,724 11,777 22,712 10,696 12,016 ※1 Trust fees are included. ※2 Core business profit = Business profit before provision of general allowance for loan losses - Gains (losses) on bond transactions ※3 Business profit = Net revenue - (Provision of general allowance for loan losses + Provision of allowance for credit losses on off-balance-sheet instruments + General and administrative expenses) (Note) The amounts are rounded down to the nearest million yen. General and administrative expenses Business profit ※3 Net provision of allowance for credit losses on off-balance-sheet instruments Core business profit excluding cancellation on investment trusts - 2 -
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Aozora Bank, Ltd. Ⅱ. Unrealized Gains and Losses on Securities 【Consolidated】 (Millions of yen) Unrealized gains and losses Unrealized gains and losses Unrealized gains and losses (A) (A)-(B) (A)-(C) (B) (C) Held-to-maturity bonds - - - - - - - - - - - Available-for-sale securities (34,708) 4,503 19,889 34,929 69,638 (39,212) 30,056 69,268 (54,598) 22,874 77,473 Japanese stocks 19,831 2,642 7,254 19,911 79 17,189 17,391 202 12,576 13,044 468 Japanese debt securities (8,861) (1,659) (2,212) 138 8,999 (7,202) 216 7,418 (6,649) 205 6,855 Other (45,678) 3,520 14,846 14,880 60,559 (49,199) 12,448 61,647 (60,525) 9,624 70,149 (Note) A portion of beneficial interests in investment trust within 'Monetary claims bought' is included in the table above. Ⅲ. NPLs based on the Banking Act and the FRA, and coverage ＊ NPLs : Non-performing loans ＊ FRA : Financial Reconstruction Act □ After partial and direct write-off 【Consolidated】 (Millions of yen) December 31, 2025 September 30, 2025 March 31, 2025 (A) (A) - (B) (A) - (C) (B) (C) Bankrupt and similar credit 393 - 393 393 - Doubtful credit 47,360 (2,696) (28,880) 50,057 76,241 Special attention credit 10,586 (5,117) (4,886) 15,703 15,472 - (3,474) (6,088) 3,474 6,088 Restructured loans 10,586 (1,642) 1,202 12,228 9,383 Subtotal (a) 58,340 (7,814) (33,372) 66,155 91,713 Normal credit 4,406,655 242,122 230,460 4,164,532 4,176,195 Total credit (b) 4,464,996 234,308 197,087 4,230,688 4,267,908 NPL ratio (a/b) 1.3% (0.3%) (0.8%) 1.6% 2.1% December 31, 2025 September 30, 2025 March 31, 2025 (A) (A) - (B) (A) - (C) (B) (C) Allowance & Coverage (c) 53,276 (3,431) (30,769) 56,708 84,045 Allowance for loan losses (d) 27,112 (1,345) (14,536) 28,457 41,648 26,164 (2,086) (16,232) 28,250 42,397 91.3% 5.6% (0.3%) 85.7% 91.6% 84.3% 9.2% (0.2%) 75.1% 84.5% (Note) Allowance for loan losses (d) is the sum of specific allowance and general allowance for NPL credit (a). Loans overdue for three months or more Collateral / guarantee coverage (e) Coverage ratio (c/a) Allowance ratio (d/(a-e)) December 31, 2025 September 30, 2025 March 31, 2025 gains losses gains losses gains losses - 3 -