Interim report
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Report of the Alior Bank Spółka Akcyjna Group for the first half of 2026
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Selected financial data concerning the financial statements In PLN thousand 01.01.2026 - 30.06.2026 01.01.2025 - 31.12.2025 01.01.2025 - 30.06.2025 % (A-B) /B A B C Net interest income 2 370 651 5 134 891 2 573 927 -7.9% Net fee and commission income 461 691 905 722 431 559 7.0% Trading result & other 31 318 -29 768 -16 210 -293.2% Net expected credit losses, impairment allowances of non -financial assets and cost of legal risk of FX mortgage loans -297 431 -493 145 -214 129 38.9% General administrative expenses -1 181 612 -2 295 428 -1 165 405 1.4% Gross profit 1 238 737 2 936 395 1 470 169 -15.7% Net profit 769 816 2 367 048 1 116 540 -31.1% Net cash flow -167 037 1 939 563 3 407 050 -104.9% Loans and advances to customers 68 615 014 65 451 458 63 913 089 7.4% Amounts due to customers 86 878 322 82 620 585 79 590 576 9.2% Equity 12 513 593 12 982 977 11 489 826 8.9% Total assets 106 635 662 101 775 005 99 467 646 7.2% Selected ratios Profit per ordinary share 5.90 18.13 8.55 -31.1% Capital adequacy ratio* 17.57% 18.87% 18.11% -3.0% Tier 1* 17.57% 18.87% 18.11% -3.0% Leverage ratio 9.15% 10.05% 9.63% -5.0% in EUR thousand 01.01.2026 - 30.06.2026 01.01.2025 - 31.12.2025 01.01.2025 - 30.06.2025 % (A-B) /B A B C Net interest income 557 512 1 211 859 609 820 -8.6% Net fee and commission income 108 577 213 755 102 246 6.2% Trading result & other 7 365 -7 025 -3 841 -291.7% Net expected credit losses, impairment allowances of non -financial assets and cost of legal risk of FX mortgage loans -69 948 -116 385 -50 732 37.9% General administrative expenses -277 883 -541 732 -276 110 0.6% Gross profit 291 317 693 004 348 315 -16.4% Net profit 181 039 558 635 264 533 -31.6% Net cash flow -39 282 457 746 807 205 -104.9% Loans and advances to customers 15 970 722 15 485 239 15 067 090 6.0% Amounts due to customers 20 221 661 19 547 303 18 762 954 7.8% Equity 2 912 644 3 071 658 2 708 651 7.5% Total assets 24 820 348 24 079 070 23 448 843 5.8% Selected ratios Profit per ordinary share 1.39 4.28 2.03 -31.5% * Restated – note 33 Selected items of the financial statements were translated into EUR at the following exchange rates 30.06.2026 31.12.2025 30.06.2025 NBP's average exchange rate as at the end of the period 4.2963 4.2267 4.2419 NBP's average exchange rates as at the last day of each month 4.2522 4.2372 4.2208
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Selected financial indicators 30.06.2026 30.06.2025 (A-B) [p.p] (A-B)/B [%] A B ROE 12.2% 19.8% -7.6 -38.4% ROA 1.5% 2.3% -0.8 -34.8% C/I 41.3% 39.0% 2.3 5.9% CoR 0.71% 0.47% 0.24 51.06% L/D 76.6% 78.5% -1.9 -2.4% NPL 5.16% 6.69% -1.53 -22.87% NPL coverage 50.70% 51.36% -0.66 -1.29% TCR 17.57% 18.11% -0.54 -2.98% TIER 1 17.57% 18.11% -0.54 -2.98%
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 1 Interim condensed consolidated financial statements of the Alior Bank Spółka Akcyjna Group for 6-month period ended 30 June 2026 This version of our report is a translation of the original which was prepared in Polish language. All possible care has been taken to ensure that the translation is an accurate representation of the original. However, in all matters of interpretation of information, views or opinions the original language version of the report takes precedence over this translation
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 2 Table of Contents Interim condensed consolidated income statement .............................................................................................................................................................................. 3 Interim condensed consolidated statement of comprehensive income ......................................................................................................................................... 3 Interim condensed consolidated statement of financial position ..................................................................................................................................................... 4 Interim condensed consolidated statement of changes in consolidated equity ......................................................................................................................... 5 Interim condensed consolidated statement of cash flows .................................................................................................................................................................. 6 Notes to the interim condensed consolidated financial statements ............................................................................................................................................... 7 1 Information about the Bank and the Group ................................................................................................................................................................. 7 2 Accounting principles........................................................................................................................................................................................................... 9 3 Operating segments ........................................................................................................................................................................................................... 16 Notes to the interim condensed consolidated income statement .................................................................................................................................................. 20 4 Net interest income ............................................................................................................................................................................................................. 20 5 Net fee and commission income .................................................................................................................................................................................... 20 6 The result on financial assets measured at fair value through profit or loss and FX result ..................................................................... 22 7 The result on derecognition of financial instruments not measured at fair value through profit or loss ............................................ 23 8 Other operating income and expense .......................................................................................................................................................................... 23 9 General administrative expenses .................................................................................................................................................................................. 24 10 Net expected credit losses ............................................................................................................................................................................................... 24 11 The result on impairment of non-financial assets ................................................................................................................................................... 25 12 Cost of legal risk of FX mortgage loans ...................................................................................................................................................................... 25 13 Banking Tax ........................................................................................................................................................................................................................... 25 14 Income tax .............................................................................................................................................................................................................................. 25 15 Profit per share ..................................................................................................................................................................................................................... 26 Notes to the interim condensed consolidated statement of financial position ......................................................................................................................... 27 16 Cash and cash equivalents .............................................................................................................................................................................................. 27 17 Amounts due from banks ................................................................................................................................................................................................. 27 18 Securities and derivatives ................................................................................................................................................................................................. 27 19 Loans and advances to customers ................................................................................................................................................................................ 28 20 Assets pledged as colleteral ........................................................................................................................................................................................... 37 21 Other assets .......................................................................................................................................................................................................................... 37 22 Amounts due to banks....................................................................................................................................................................................................... 38 23 Amounts due to customers .............................................................................................................................................................................................. 38 24 Provisions ............................................................................................................................................................................................................................... 39 25 Other liabilities ..................................................................................................................................................................................................................... 39 26 Financial liabilities held for trading ............................................................................................................................................................................... 40 27 Debt securities issued ........................................................................................................................................................................................................ 40 Other additional information ........................................................................................................................................................................................................................ 41 28 Off-balance sheet items.................................................................................................................................................................................................... 41 29 Fair value ................................................................................................................................................................................................................................ 44 30 Transactions with related entities ................................................................................................................................................................................. 50 31 Benefits for the for senior executives........................................................................................................................................................................... 54 32 Legal claims ........................................................................................................................................................................................................................... 55 33 Contigent liability ................................................................................................................................................................................................................ 58 34 Capital management .......................................................................................................................................................................................................... 60 35 Tangible fixed assets and intangible assets.............................................................................................................................................................. 62 36 Distribution of profit for 2025 ......................................................................................................................................................................................... 62 37 Risk management ................................................................................................................................................................................................................ 63 38 Events significant to the business operations of the Group ................................................................................................................................ 63 39 Significant events after the end of the reporting period ....................................................................................................................................... 64 40 Financial forecast ................................................................................................................................................................................................................. 64
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 3 Interim condensed consolidated income statement Note 01.04.2026- 30.06.2026 01.01.2026- 30.06.2026 01.04.2025- 30.06.2025 01.01.2025- 30.06.2025 Interest income calculated using the effective interest method 1 344 593 2 843 986 1 626 291 3 266 275 Income of a similar nature 152 553 286 591 127 828 258 094 Interest expense -374 725 -759 926 -464 972 -950 442 Net interest income 4 1 122 421 2 370 651 1 289 147 2 573 927 Fee and commission income 319 025 622 478 301 164 586 110 Fee and commission expense -78 485 -160 787 -78 897 -154 551 Net fee and commission income 5 240 540 461 691 222 267 431 559 Dividend income 40 412 40 423 25 52 The result on financial assets measured at fair value through profit or loss and FX result 6 11 910 43 216 33 755 15 289 The result on derecognition of financial instruments not measured at fair value through profit or loss 7 6 670 12 691 305 3 081 measured at fair value through other comprehensive income 4 864 10 885 305 3 078 measured at amortized cost 1 806 1 806 0 3 Other operating income 8 21 965 54 424 30 390 54 887 Other operating expenses 8 -78 338 -119 436 -52 101 -89 519 General administrative expenses 9 -550 754 -1 181 612 -549 605 -1 165 405 Net expected credit losses 10 -131 994 -247 267 -33 866 -153 799 The result on impairment of non-financial assets 11 -160 -832 -633 -761 Cost of legal risk of FX mortgage loans 12 -12 676 -49 332 -43 675 -59 569 Banking tax 13 -71 983 -145 880 -68 067 -139 573 Gross profit 598 013 1 238 737 827 942 1 470 169 Income tax 14 -231 383 -468 921 -187 716 -353 629 Net profit 366 630 769 816 640 226 1 116 540 Net profit attributable to the Bank's shareholders 366 630 769 816 640 226 1 116 540 Weighted average number of ordinary shares 130 553 991 130 553 991 130 553 991 130 553 991 Basic/diluted earnings per ordinary share (in PLN) 15 2.81 5.90 4.90 8.55 Interim condensed consolidated statement of comprehensive income 01.04.2026- 30.06.2026 01.01.2026- 30.06.2026 01.04.2025- 30.06.2025 01.01.2025- 30.06.2025 Net profit 366 630 769 816 640 226 1 116 540 Other comprehensive net income, that may be reclassified to the income statement once the relevant conditions have been met 176 041 -75 578 179 435 339 356 Exchange rate differences from the conversion of entities operating abroad 0 0 0 -256 Results of the measurement of financial assets (net) 115 657 -51 301 55 618 109 431 Gain/loss from fair value measurement 119 061 -43 682 55 865 111 924 Gain/loss reclassified to profit or loss after derecognition -3 404 -7 619 -247 -2 493 Results on the measurement of hedging instruments (net) 60 384 -24 277 123 817 230 181 Gain/loss from fair value measurement of financial instruments hedging cash flows in the part constituting an effective hedge 64 555 -26 697 61 694 96 887 Gain/loss on financial instruments hedging cash flows reclassified to profit or loss -4 171 2 420 62 123 133 294 Net other comprehensive income that will not be reclassified to the income statement 4 053 2 710 26 626 26 625 Total comprehensive income, net 546 724 696 948 846 287 1 482 521 - attributable to the Bank's shareholders 546 724 696 948 846 287 1 482 521 The notes presented on pages 7-64 constitute an integral part of these interim condensed consolidated financial statements.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 4 Interim condensed consolidated statement of financial position ASSETS Note 30.06.2026 31.12.2025 Cash and cash equivalents 16 3 895 877 4 062 914 Amounts due from banks 17 2 200 125 2 203 109 Securities and derivatives 18 27 952 269 26 509 328 measured at fair value through other comprehensive income 22 141 354 22 542 955 measured at fair value through profit or loss 407 984 370 637 measured at amortized cost 5 402 931 3 595 736 Derivative hedging instruments 619 570 659 589 Loans and advances to customers 19 68 615 014 65 451 458 Assets pledged as collateral 20 509 701 0 Property, plant and equipment 745 060 829 108 Intangible assets 574 602 550 991 Assets held for sale 58 365 0 Income tax assets 14 666 312 724 098 current income tax assets 51 013 45 812 deferred income tax assets 615 299 678 286 Other assets 21 798 767 784 410 TOTAL ASSETS 106 635 662 101 775 005 LIABILITIES AND EQUITY Note 30.06.2026 31.12.2025 Amounts due to banks 22 1 413 604 589 204 Amounts due to customers 23 86 878 322 82 620 585 Financial liabilities 26 314 673 327 124 Derivative hedging instruments 25 415 69 034 Change in fair value measurement of hedged items in hedged portfolio against interest rate risk 133 517 202 118 Provisions 24 425 303 403 967 Other liabilities 25 2 221 019 2 039 704 Income tax liabilities 16 167 218 422 current income tax liabilities 14 649 216 884 deferred income tax liabilities 1 518 1 538 Debt securities issued 27 2 694 049 2 321 870 Total liabilities 94 122 069 88 792 028 Share capital 1 305 540 1 305 540 Supplementary capital 9 901 055 8 655 257 Revaluation reserve 334 774 407 642 Other reserves 161 792 161 792 Retained earnings 40 616 85 698 Net profit of current period 769 816 2 367 048 Equity 12 513 593 12 982 977 TOTAL LIABILITIES AND EQUITY 106 635 662 101 775 005 The notes presented on pages 7-64 constitute an integral part of these interim condensed consolidated financial statements.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 5 Interim condensed consolidated statement of changes in consolidated equity 01.01.2026 – 30.06.2026 Share capital Supplementary capital Other reserves Revaluation reserve Retained earnings Total equity Aa at 1 January 2026 1 305 540 8 655 257 161 792 407 642 2 452 746 12 982 977 Dividend paid 0 0 0 0 -1 165 847 -1 165 847 Transfer of last year's profit 0 1 245 798 0 0 -1 245 798 0 Comprehensive income incl. 0 0 0 -72 868 769 816 696 948 net profit 0 0 0 0 769 816 769 816 other comprehensive income 0 0 0 -72 868 0 -72 868 Other changes in equity 0 0 0 0 -485 -485 As at 30 June 2026 1 305 540 9 901 055 161 792 334 774 810 432 12 513 593 01.01.2025 - 31.12.2025 Share capital Supplementary capital Other reserves Revaluation reserve Exchange differences on revaluation of foreign units Retained earnings Total equity Aa at 1 January 2025 1 305 540 7 438 105 161 792 -197 164 256 2 498 190 11 206 719 Dividend paid 0 0 0 0 0 -1 199 791 -1 199 791 Transfer of last year's profit 0 1 217 152 0 0 0 -1 217 152 0 Comprehensive income incl. 0 0 0 604 806 -256 2 367 048 2 971 598 net profit 0 0 0 0 0 2 367 048 2 367 048 other comprehensive income 0 0 0 604 806 -256 0 604 550 Other changes in equity 0 0 0 0 0 4 451 4 451 As at 31 December 2025 1 305 540 8 655 257 161 792 407 642 0 2 452 746 12 982 977 01.01.2025 - 30.06.2025 Share capital Supplementary capital Other reserves Revaluation reserve Exchange differences on revaluation of foreign units Retained earnings Total equity Aa at 1 January 2025 1 305 540 7 438 105 161 792 -197 164 256 2 498 190 11 206 719 Dividend paid 0 0 0 0 -1 199 791 -1 199 791 Transfer of last year's profit 0 1 217 152 0 0 0 -1 217 152 0 Comprehensive income incl. 0 0 0 366 237 -256 1 116 540 1 482 521 net profit 0 0 0 0 0 1 116 540 1 116 540 other comprehensive income 0 0 0 366 237 -256 0 365 981 Other changes in equity 0 0 0 0 0 377 377 As at 30 June 2025 1 305 540 8 655 257 161 792 169 073 0 1 198 164 11 489 826 The notes presented on pages 7-64 constitute an integral part of these interim condensed consolidated financial statements.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 6 Interim condensed consolidated statement of cash flows 01.01.2026- 30.06.2026 01.01.2025- 30.06.2025* Operating activities Profit before tax for the year 1 238 737 1 470 169 Adjustments: Unrealized foreign exchange gains/losses 0 -256 Amortization/depreciation of property, plant and equipment and intangible assets 126 594 126 464 Change in property, plant and equipment and intangible assets impairment write -down 832 761 Net interest income -2 370 651 -2 573 927 Dividends to be received -40 423 -52 Change in loans and receivables -3 161 823 -746 591 Change in financial assets measured at fair value through other comprehensive income 413 074 335 009 Change in financial assets measured at fair value through profit or loss -37 346 -74 773 Change in assets pledged as collateral -509 701 -2 178 592 Change in assets held for sale -58 365 0 Change in other assets -14 357 53 681 Change in deposits 4 581 165 2 559 440 Change in own issue 23 311 -236 761 Change in financial liabilities -12 451 118 041 Change in hedging derivative -6 079 21 073 Change in other liabilities 744 051 3 715 687 Change in provisions 21 335 33 056 Short-term lease contracts 893 565 Interest income received 2 912 797 3 289 799 Interest expenses paid -809 562 -895 438 Income tax paid -566 088 -426 701 Net cash flow from operating activities 2 475 943 4 590 654 Investing activities Outflows: -2 072 173 -82 196 Purchase of property, plant and equipment -47 968 -27 057 Purchase of intangible assets -60 606 -48 275 Acquisition of assets measured at amortized cost -1 963 599 -6 864 Inflows: 353 709 212 813 Disposal of property, plant and equipment 8 098 13 373 Redemption of assets measured at amortized cost 345 611 199 440 Net cash flow from investing activities -1 718 464 130 617 Financing activities Outflows: -1 724 516 -1 714 221 Principle payments - subordinated and long-term liabilities -450 000 -400 000 Interest payments – subordinated and long-term liabilities -69 430 -71 368 Principle payments - lease liabilities -34 163 -38 921 Interest payments - lease liabilities -5 076 -4 141 Dividend paid -1 165 847 -1 199 791 Inflows: 800 000 400 000 Issue of debt securities - long-term liabilities 800 000 400 000 Net cash flow from financing activities -924 516 -1 314 221 Total net cash flow -167 037 3 407 050 incl. exchange gains/(losses) 15 470 -30 170 Balance sheet change in cash and cash equivalents -167 037 3 407 050 Cash and cash equivalents, opening balance 4 062 914 2 123 351 Cash and cash equivalents, closing balance 3 895 877 5 530 401 *Restated – Note 2.3 The notes presented on pages 7-64 constitute an integral part of these interim condensed consolidated financial statements.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 7 Notes to the interim condensed consolidated financial statements 1 Information about the Bank and the Group 1.1 General information, duration and the scope of business of Alior Bank SA Alior Bank Spółka Akcyjna is the parent company of the Alior Bank Capital Group with its registered office in Warsaw , Poland, ul. Chmielna 69, was entered to the register of entrepreneurs maintained by the District Court for the Capital City of Warsaw , 13th Commercial Division of the National Court Register under KRS number: 0000305178. The Bank was assigned the tax identification number NIP: 107-001- 07-31 and the statistical number REGON: 141387142. Since 14 December 2012 the Bank has been listed on the Warsaw Stock Exchange (ISIN number: PLALIOR00045). Alior Bank is a universal deposit and credit bank providing services to natural and legal persons and other entities that are domestic and foreign persons. The Bank's core business covers maintenance of bank accounts, granting loans, issue of bank securities, and purchase and sale of foreign currencies. The Bank is also involved in stock broking activity, financial advisory, and intermediation services, and provides other financial services, Information on the companies in the Group is detailed in note 1.4 of this chapter. In accordance with the provisions of its Articles of Association. Alior Bank has been operating in the territory of the Republic of Poland and the European Economic Area. The Bank provides its services primarily to customers from Poland. The number of foreign customers in the overall number of the Bank's customers is negligible. 1.2 Shareholders of Alior Bank Spółka Akcyjna From the date of submission of the previous interim report to the date of publication of this report, the Bank has not received any notifications under Article 69 of the Act of 29 July 2005 on public offerings and conditions for introducing financial instruments to organized trading, and on public companies. In accordance with IFRS 10 "Consolidated Financial Statements", the parent entity of Alior Bank SA is Powszechny Zakład Ubezpieczeń SA, of which the State Treasury is a 34.2% shareholder. Related entities include: PZU SA and entities related to it and enti ties related to members of the Bank's Management Board and Supervisory Board. Via PZU SA, the Bank is indirectly controlled by the State Treasury. As at 30 June 2026 and as at the date of publication of this report, the shareholders holding 5% or more of the overall number of votes at the General Meeting were as follows: Shareholder Number of shares Nominal value of shares [PLN] Percentage in the share capital Number of votes Number of votes in the total number of votes 30.06.2025 PZU SA Group* 41 658 850 416 588 500 31.91% 41 658 850 31.91% Nationale-Nederlanden OFE (with DFE)** 12 915 615 129 156 150 9.89% 12 915 615 9.89% Allianz OFE** 11 526 440 115 264 400 8.83% 11 526 440 8.83% Generali OFE (with DFE)** 6 692 039 66 920 390 5.13% 6 692 039 5.13% Other shareholders 57 761 047 577 610 470 44.24% 57 761 047 44.24% Total 130 553 991 1 305 539 910 100% 130 553 991 100%
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 8 *The PZU Group includes entities that have concluded a written agreement regarding the purchase or sale of the Bank's shares and the consistent exercise of voting rights at the Bank's general meetings, i.e.: Powszechny Zakład Ubezpieczeń SA, Powszechny Zak ład Ubezpieczeń Na Życie SA, PZU Specjalistyczny Fundusz Inwestycyjny Otwarty UNIVERSUM, PZU Fundusz Inwestycyjny Closed Non -Public Assets BIS 1 and PZU Closed -End Investment Fund for Non-Public Assets BIS 2. On the conclusion of the above-mentioned agreement, the Bank informed in current report no. 21/2017. **Information regarding the number of shares and votes held at the General Meeting of the Bank by entities managed by Nationa le – Nederlanden PTE, Generali PTE and Allianz PTE was provided on the basis of reports published by these entities on the structur e of OFE assets as at 30 June 2026 and DFE assets as at 31 December 2025.. As at the date of publication of this report, according to information available to Alior Bank SA, shareholders holding 5 % or more of the total number of votes at the General Meeting remained unchanged. 1.3 The composition of the Bank’s Management Board and the Bank’s Supervisory Board together with information about number of shares of Alior Bank held by Bank Management Board and Supervisory Board members As at the day of preparing this financial statement in comparison to the annual reporting period ended on 31 December 2025, there were no changes in the composition of the Bank’s Management Board. As at 30 June 2026 the composition of the Bank's Management Board was as follows: First and last name Function Piotr Żabski President of the Management Board Marcin Ciszewski Vice President of the Management Board Jacek Iljin Vice President of the Management Board Wojciech Przybył Vice President of the Management Board Beata Stawiarska Vice President of the Management Board Zdzisław Wojtera Vice President of the Management Board At the end of the reporting period, i.e.30 June 2026 and as at the date of publication of the report, members of the Management Board did not hold shares of Alior Bank. In comparison to the annual reporting period ended on 31 December 2025, there were no changes in the composition of the Bank’s Supervisory Board. As at 30 June 2026 the composition of the Bank's Supervisory Board was as follows: First and last name Function Wojciech Kostrzewa Chairperson of the Supervisory Board Jan Zimowicz Deputy Chairperson of the Supervisory Board Radosław Grabowski Member of the Supervisory Board Maciej Gutowski Member of the Supervisory Board Artur Kucharski Member of the Supervisory Board Waldemar Maj Member of the Supervisory Board Agata Mazurowska - Rozdeiczer Member of the Supervisory Board Robert Pusz Member of the Supervisory Board As at 30 June 2026, and as at the date of publication of financial statements, members of the Supervisory Board of Alior Bank SA did not hold any shares in the Bank. 1.4 Information about the Alior Bank Group Alior Bank SA is the parent company of the Alior Bank SA Group. The composition of the Group as at 30 June 2026 and as at the date of preparation date of financial statements was as follows:
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 9 Company’s name - subsidaries 03.08.2026 30.06.2026 31.12.2025 Alior Services sp. z o.o. 100% 100% 100% Alior Leasing sp. z o.o. 100% 100% 100% - AL Finance sp. z o.o. 100% 100% 100% - Alior Leasing Individual sp. z o.o. 100% 100%. 100% Meritum Services ICB SA 100% 100% 100% Alior TFI SA 100% 100% 100% Corsham sp. z o.o. 100% 100% 100% RBL_VC sp. z o.o. 100% 100% 100% RBL_VC sp. z o.o. ASI spółka komandytowo- akcyjna 100% 100% 100% . 1.5 Approval of the interim condensed consolidated financial statements These interim condensed consolidated financial statements of the Alior Bank Spółka Akcyjna Group were approved by the Bank’s Management Board on 3 August 2026. 1.6 Seasonal or cyclical nature of operations The Group’s operations are not affected by any material events of seasonal or cyclical nature within the meaning of §21 IAS 34. 2 Accounting principles 2.1 Basis for preparation Statement of compliance These interim condensed consolidated financial statements of the Alior Bank Spółka Akcyjna Group for the 6-month period ended 30 June 2026 have been prepared in accordance with the International Accounting Standard 34 "Interim Financial Reporting" as adopted by the European Union and in accordance with the requirements set out in the Regulation of the Minister of Finance o n 6 June 2025 on current and periodic information provided by issuers of securities and the conditions for recognizing as equivalent information required by the law of a non-member state. The interim condensed consolidated financial statements do not include all information and disclosures required in the annual financial statements and should therefore be read together with the consolidated financial statements of the Alior Bank Group prepared for the period from 1 January 2025 to 31 December 2025. The interim condensed consolidated income statement , interim condensed consolidated statement of comprehensive income , interim condensed consolidated statement of changes in equity and interim condensed consolidated statement of cash flows for the financial period from 1 January 20 26 to 30 June 2026 and interim condensed consolidated statement of financial position as at 30 June 2026 including the comparatives have been prepared in accordance with the same accounting policies as those applied in the preparation of the annual financial statements ended 31 December 2025, except for the changes in the standards that entered into force on 1 January 2026 and changes in hedge accounting described in
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 10 note 2.3. Changes to standards and interpretations that entered into force on or after 1 January 2026 had no material impact on the Group's financial statements. Scope and reporting currency The interim condensed consolidated financial statements of the Alior Bank SA Group comprise the data of the Bank and its subsidiaries. These interim condensed consolidated financial statements have been prepared in Polish zloty (“PLN”). All figures, unless otherwise indicated, are rounded to the nearest thousand. Going concern The interim condensed separate financial statements of the Alior Bank Spółka Akcyjna Capital Group for the period from 1 January 202 6 to 30 June 2026 have been prepared on the assumption that the Bank will continue as a going concern for a period of at least 12 months from the date of their preparation. As at the date of approval of this report by the Bank's Management Board, there are no circumstances indicating a threat to the continued operation of the Capital Group. 2.2 Accounting principles 2.2.1 Significant estimates The Group makes estimates and makes assumptions that affect the values of assets and liabilities presented in this and the next reporting period. Estimates and assumptions that are subject to continuous evaluation are based on historical experience and other factors, including expectations as to future events that seem justified in a given situation. Recognition of bancassurance income The Group allocates the received remuneration for distribution of insurance products related to the sale of loans – in accordance with the economic content of the transaction – as remuneration constituting: • an integral part of the remuneration received for the offered financial instruments; • remuneration for agency services; • remuneration for the provision of additional activities performed during the insurance contract (recognised by the Group over a period when the services are provided). The economic title of the received remuneration determines the way it is disclosed in the Bank's books. The model of “relative fair value” is applied to determine the split of the remuneration related to insurance offered in connection with cash and mortgage loans and insurance sold without any relationship to financial instruments (in terms of provision for customer resigns and administrative costs). The “relative fair value” model approved by the Group consists in estimating the fair value of each element of the overall service of loan sale with insurance in order to determine the proportion of fair value of both services.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 11 Impairment of loans, expected credit losses At each reporting date, the Group assesses the credit quality of the receivables and assesses whether there are objective triggers for impairment of credit exposures and whether the credit exposure has impaired. The Group accepts that a financial asset or a group of financial assets are impaired and such impairment loss is incurred only when there are objective indications resulting from one or more events that have occurred after the initial recognition of such asset and the event (or events) causing trigger has a negative impact on the expected future cash flows of a given exposure, leading to the recognition of a loss. Therefore, for all impaired credit exposures, the Group determines an allowance representing the difference between the gross exposure value and the expected recoveries after taking into account the default status / probability in a given time horizon. Exposures with no identified impairment indications are grouped in homogeneous groups in terms of the risk profile and a provision is recognised for such group of exposures to cover expected losses (ECL). The estimated losses expected are based on: • estimated exposure value at the time of default (EAD model); • estimated distribution of risk of default within the lifetime of the exposure (life -time PD model); • estimated level of loss in case of default of the client (LGD model). Information on the adopted assumptions affecting the amount of expected losses are presented in note 19 – Loans and advances to customers. Non-current assets impairment In accordance with IAS 36, the Group assesses non -current assets in terms of the existence of premises indicating their impairment. If there is such evidence, the Group estimates the asset's recoverable amount. When the carrying amount of a given asset exceeds its recoverable amount, its impairment is recognized, and a write-off is made to adjust its value to the level of its recoverable amount. Provision for legal risk related to the FX indexed loan portfolio The Group estimated the costs of legal risk related to the FX indexed loan portfolio and applied the provisions of IFRS 9B.5.4.6 to its recognition - it treated this estimate as an adjustment to the gross carrying amount of the portfolio of mortgage loans indexed with foreign currencies or created provisions in accordance with the requirem ents of IAS 37 (where the amount of the estimated legal risk costs exceeds the gross carrying amount of the credit exposure or the amount of the estimate relates to repaid foreign currency mortgage loans or when the estimated amount relates to expected legal claims, including statutory interest). Legal risk costs, which are an adjustment to the gross carrying amount and provisions, were estimated based on: • the rate of inflow of disputes concerning the legal risk of foreign currency mortgage loans, observed to date and forecasted by the Group in future periods, and the resulting estimate of the percentage of the foreign currency mortgage loan portfolio that will be the subject of litigation, • expected financial consequences of the judgment, taking into account, among others, the value of the subject of the dispute and the duration of the disputed matters.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 12 Updated estimates of expected cash flows for the consumer loan portfolio regarding the exclusion of interest on credit-based costs On 23 April 2026, the Court of Justice of the European Union ("CJEU") issued a judgment ruling that, pursuant to Directive 2008/48/EC, a consumer credit agreement cannot contain provisions under which the interest rate applies not only to the amount of credit ma de available to the customer, but also to the amounts intended to cover costs related to that credit. Therefore, the Bank updated its estimates of expected cash flows by excluding interest accrued on credit- based non-interest costs, while maintaining the original effective interest rate. This change results from a clarification of the interpretation of the regulations applicable to existing contracts and was accounted for as a change in estimates in accordance with IFRS 9. In accordance with paragraph B5.4.6 of IFRS 9, the Group recognized the above change in the amount of 153.2 million as an adjustment to the gross carrying amount of the consumer loan portfolio, and its effect was recognized in the income statement as a reduction of interest income. Fair value measurement rules The principles for the fair value measurement of derivatives and non -quoted debt securities measured at fair value are presented in note 29 – Fair value and have not changed from the principles presented in the financial statements prepared as at 31 December 2025. 2.2.2 Significant accounting policies Detailed accounting policies were presented in the annual consolidated financial statements of the Alior Bank Group for the year ended 31 December 20 25 published on Alior Bank's website on 24 February 2026. 2.2.3 Changes in accounting standards In these interim condensed consolidated financial statements, the same accounting standards have been applied as in the case of annual consolidated financial statements for the year 20 25 and the standards and interpretations adopted by the European Union and applicable to the annual periods starting 1 January 2026 mentioned below. Change Impact on the Group's report Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7) The amendments clarify that a financial liability is derecognised on the ‘settlement date’ and introduce an accounting policy choice to derecognise financial liabilities settled using an electronic payment system before the settlement date. Other clarifications include the classification of financial assets with ESG linked features via additional guidance on the assessment of contingent features. Clarifications have been made to non -recourse loans and contractually linked instruments. Additional disclosures are introduced for financial instruments with contingent features and equity instruments classified at fair value through OCI. The implementation of the changes has no effect on the Group's financial statements. The Bank has not changed its accounting policy regarding the derecognition of financial liabilities at an earlier date than the transaction settlement date. Annual Improvements IFRS Volume 11 The document contains clarifications, simplifications, corrections and changes aimed at improving the consistency of a number of accounting standards (IFRS 1, IFRS 7 and the accompanying "Guidance on the implementation of IFRS 7"; IFRS 9, IFRS 10 and IAS 7 ). In the Group's opinion, the implementation of the changes has no effect on the Group's financial statements. Amendments to IFRS 9 and IFRS 7 Contracts Referencing Nature- dependent Electricity Amendments allow companies to better reflect in the financial statements, the financial effects of nature -dependent electricity
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 13 Change Impact on the Group's report contracts, which are often structured as power purchase agreements (PPAs). The amendments include: • clarifying the application of the ‘own-use’ requirements, • permitting hedge accounting if these contracts are used as hedging instruments, • adding new disclosure requirements to enable investors to understand the effect of these contracts on a company’s financial performance and cash flows. The implementation of the changes has no impact on the Group's financial statements. Standards and interpretations that have been issued but are not yet effective because they have not been approved by the European Union or have been approved by the European Union but have not been previously applied by the Group, were presented in the ann ual consolidated financial statements of the Group for 202 5. The following standards and amendments to accounting standards were published in 2026: Impact on the Group's financial statements IFRS 20 Regulatory Assets and Regulatory Liabilities The standard was developed for companies conducting regulated activities and aims to help investors better understand how rate regulations affect the financial results, financial position, and future cash flow prospects of regulated companies. IFRS 20 intr oduces uniform principles for recognizing the effects of timing differences in regulated rates, which occur when the timing of providing regulated services differs from the timing of collecting fees from customers. In such cases, previously reported revenues may not fully reflect the company's actual operating activity. The new standard requires these differences to be recognized in financial statements. The standard will be particularly important for entities providing key services in industries such as energy, gas, water management, highway and rail infrastructure, airport services, postal services, and other regulated sectors. Amendments to the Fair Value Option in IAS 28 Investments in Associates and Joint Ventures Issued a mendments to the Fair Value Option for Investments in Associates and Joint Ventures’, clarifying which entities are eligible to measure investments in associates and joint ventures at fair value under IAS 28, ‘Investment in Associates and Joint Ventures’. The exemption from applying the equity method in IAS 28 allows eligible entities to make an election to measure investments in associates and joint ventures at fair value through profit or loss (‘fair value option’). This election has to be made separately for each associate or joint venture at initial recognition. These amendments address stakeholders’ concerns about the diversity in practice when determining the scope of entities eligible to apply the fair value option. This diversity has become increasingly important because the measurement at either fair value or using the equity method affects the classification of income and expenses in the statement of profit or loss under IFRS 18, ‘Presentation and Disclosure in Financial Statements’, in either the operating or the investing category. 2.3 Restatement of comparative data and explanation of differences in relation to previously published financial statements Compared to the interim condensed consolidated financial statements prepared as at 30 June 2025, the Group made the following presentation changes:
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 14 • in the Statement of cash flows, transferring the item: Dividend payment from operating activities to financing activities. This change is consistent with and dictated by the new requirements of IFRS 18: "Presentation and Disclosure in Financial Statements", which will become effective on 1 January 2027. Published 01.01.2025-30.06.2025 Change Restated 01.01.2025-30.06.2025 Change in other liabilities 2 515 896 1 199 791 3 715 687 Net cash flow from operating activities 3 390 863 1 199 791 4 590 654 Dividend payment 0 -1 199 791 -1 199 791 Net cash flow from financing activities -114 430 -1 199 791 -1 314 221 • in the Statement of comprehensive income, the Group presented separately an item that will not be reclassified to profit or loss. Published 01.01.2025-30.06.2025 Change Restated 01.01.2025-30.06.2025 Other comprehensive net income, that may be reclassified to the income statement once the relevant conditions have been met 365 981 -26 625 339 356 Results of the measurement of financial assets (net) 136 056 -26 625 109 431 Gain/loss from fair value measurement 138 549 -26 625 111 924 Net other comprehensive income that will not be reclassified the income statement 0 26 625 26 625 Total comprehensive income, net 1 482 521 0 1 482 521 Change in accounting principles regarding hedge accounting Until 31 March 2026, the Bank used the option of applying the hedge accounting requirements of IAS 39 "Financial Instruments: Recognition and Measurement" instead of the requirements set out in IFRS 9 "Financial Instruments." As of April 1, 2026, the accounting p olicies in this area were changed to comply with IFRS 9 and were implemented prospectively, excluding relationships hedging the fair value of a portfolio of financial assets or liabilities against interest rate risk, for which the Bank, in accordanc e with the option provided in IFRS 9, continues to apply the requirements of IAS 39. Hedging relationships to which the Bank applies IFRS 9 qualify for hedge accounting when all of the following criteria are met: • the hedging relationship consists exclusively of hedging instruments and hedged items permitted under IFRS 9, • as of the date of designation of the hedging relationship, formal documentation of the hedging relationship was prepared, specifying the purpose and strategy of the hedging instrument and hedged item, the nature of the hedged risk, and the method for assessing the effectiveness of the hedge, • the adopted assessment method is applied consistently throughout the duration of the hedging relationship, • the hedging relationship meets all of the following requirements for an effective hedge: • there is an economic relationship between the hedged item and the hedging instrument, meaning that the value of the hedging instrument and the hedged item generally changes inversely due to the same risk, which is the hedged risk.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 15 • the impact of credit risk does not dominate the changes in the value of both the hedging instrument and the hedged item resulting from the existence of the economic relationship. • the hedge ratio reflects the proportions resulting from the actual risk management strategy and the amounts of the hedged item and the hedging instrument used for hedging purposes. If circumstances arise that result in an imbalance between the hedged item and the hedging instrument, the Bank adjusts the hedge ratio accordingly (rebalancing). The Bank conducted an in-depth analysis of all hedging relationships to determine whether they meet the qualifying criteria for hedge accounting specified in IFRS 9. This included, in particular, an analysis of the risk characteristics of the hedged items and hedging instruments, and an analysis of the interest rate curves that influence the valuation of the hedged item and the hedging instrument. This analysis confirmed that all hedging relationships within the cash flow hedge (CFH) and micro fair value he dge (FVH) meet the qualifying criteria for hedge accounting specified in IFRS 9. Hedging relationships that were eligible for hedge accounting under IAS 39 and that also qualify for hedge accounting in accordance with the criteria specified in IFRS 9 (para graph 6.4.1) were considered continuing hedging relationships. This change has no impact on the Group's financial result. Fair Value Hedge Accounting Starting 1 April 2026, the Group will continue to apply fair value hedge accounting in accordance with IFRS 9 accounting principles to its previously existing hedging relationships: "FVH IRS bonds." Under this relationship, the Bank hedges the risk of changes in the fair value of purchased fixed-rate debt securities, classified as measured at fair value through other comprehensive income resulting from changes in the interest rate swap curve. As part of this strategy, the Bank establishes hedging relationships in which the hedged item is fixed-coupon debt securities denominated in a given currency, and the hedging instrument is interest rate swaps (IRS) in the same currency. Under this strategy, the Bank hedges the risk arising from changes in the interest r ate swap curve (risk of volatility of market interest rate swaps) excluding other effects that affect valuation (including asset swap spread). The Group continues to apply hedge accounting principles consistent with IAS 39 for relationships hedging the fair value of financial liabilities against interest rate risk: "FVH IRS deposits," in which the Bank hedges changes in the fair value of deposits (current accounts, savings accounts without an explicitly specified repricing date) against risks arising from changes in the interest rate curve (risk of volatility of market interest rates) excluding other effects that affect valuation (including asset swap spread). As part of this strategy, the Bank establishes hedging relationships in which the hedged item is a specified amount of deposits with a hedging horizon defined in the hedging agreement, and the hedging instrument is a float-to-fixed IRS/OIS tr ansaction. The deposit layer is defined using a replication profile of the interest rate repricing date, determined in accordance with the methodology used to improve the measurement of interest rate risk in the banking book. The fair value of modeled depo sits is subject to changes due to changes in the market forward interest rate curve. Cash Flow Hedge Accounting Starting 1 April 2026, the Group will continue to apply cash flow hedge accounting in accordance with IFRS 9 accounting principles to its previously existing hedging relationships: "CFH IRS Loans," where the hedging strategy aims to hedge interest rate risk arising f rom the volatility of cash flows from variable - rate assets using IRS transactions. In the established hedging relationships, the hedged items are cash
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 16 flows from a portfolio of variable-rate loans, advances, and bonds, while the hedging instruments are IRS and FRA transactions, under which the Bank receives fixed -rate interest and pays variable -rate interest. The hedged items are measured at amortized co st (for the loan portfolio) and at fair value through other comprehensive income (for the bond portfolio), while the hedging instruments are measured at fair value. The effective portion of changes in the fair value of hedging instruments is recognised in other comprehensive income, and as interest accrues on the hedged item, an appropriate portion of this valuation is transferred from other comprehensive income to the statement of profit or loss. 3 Operating segments Segment description The Alior Bank SA Group conducts business activities within segments offering specific products and services addressed to natural and legal persons (including foreign ones). The split of business segments provides for consistency with the sale management model and for providing customers with a comprehensive product offer. The operations of the Alior Bank Group include three basic business segments: • retail segment, • corporate segment, • treasury activities. The core products for retail client segment are as follows: • credit products: cash loans, credit cards, revolving limits in the current account , mortgage loans, installment loans, deferred payments, • deposit products: savings and checking accounts, term deposits, savings deposits, • brokerage house products, • transactional services: cash deposits and withdrawals, transfers, • currency exchange transactions, • bancassurance products. The core products for corporate customers are as follows: • credit products: overdraft, working capital loans, investment loans, credit cards, • deposit products: term deposits, • current and subsidiary accounts, • transactional services: cash deposits and withdrawals, transfers, • treasury products: FX exchange transactions (also term FX transactions) , derivative instruments, • factoring and leasing. The analysis covers the profitability of the retail and corporate segments. Profitability covers: • net interest income including internal transfer rates of funds between the bank's units and the Bank's Treasury Department, • commission income, • income from treasury transactions and FX transactions by customers, • other operating income and expenses.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 17 The item Treasury activity covers management effects of the global position – liquidity and FX position, resulting from the activity of the Group's units. The measure of the profit of a given segment is the gross profit. Results and volumes by segment for the period from 1 January 2026 to 30 June 2026 Retail customers Corporate customers Treasury Total operating segments Unallocated items Total External interest income 1 118 876 617 753 634 022 2 370 651 0 2 370 651 external income 1 539 541 538 887 765 558 2 843 986 0 2 843 986 income of a similar nature 0 184 120 102 471 286 591 0 286 591 external expense -420 665 -105 254 -234 007 -759 926 0 -759 926 Internal interest income 165 500 -43 376 -122 124 0 0 0 internal income 1 171 225 400 542 1 449 643 3 021 410 0 3 021 410 internal expense -1 005 725 -443 918 -1 571 767 -3 021 410 0 -3 021 410 Net interest income 1 284 376 574 377 511 898 2 370 651 0 2 370 651 Fee and commission income 303 940 323 353 -4 815 622 478 0 622 478 Fee and commission expense -138 830 -17 913 -4 044 -160 787 0 -160 787 Net fee and commission income 165 110 305 440 -8 859 461 691 0 461 691 Dividend income 0 0 40 423 40 423 0 40 423 The result on financial assets measured at fair value through profit or loss and FX result 28 8 194 34 994 43 216 0 43 216 The result on derecognition of financial assets and liabilities not measured at fair value through profit or loss 0 0 12 691 12 691 0 12 691 measured at fair value through other comprehensive income 0 0 10 885 10 885 0 10 885 measured at amortized cost 0 0 1 806 1 806 0 1 806 Other operating income 44 444 9 980 0 54 424 0 54 424 Other operating expenses -91 549 -27 887 0 -119 436 0 -119 436 Net expected credit losses -84 956 -162 311 0 -247 267 0 -247 267 The result on impairment of non- financial assets -607 -225 0 -832 0 -832 Cost of legal risk of FX mortgage loans -49 332 0 0 -49 332 0 -49 332 General administrative expenses -914 929 -412 563 0 -1 327 492 0 -1 327 492 Gross profit 352 585 295 005 591 147 1 238 737 0 1 238 737 Income tax 0 0 0 0 -468 921 -468 921 Net profit 352 585 295 005 591 147 1 238 737 -468 921 769 816 Assets 71 327 506 34 641 844 0 105 969 350 666 312 106 635 662 Liabilities 69 529 839 24 576 063 0 94 105 902 16 167 94 122 069 Results and volumes by segment for the period from 1 April 2026 to 30 June 2026 Retail customers Corporate customers Treasury Total operating segments Unallocated items Total External interest income 486 131 305 795 330 495 1 122 421 0 1 122 421 external income 695 239 265 623 383 731 1 344 593 0 1 344 593 income of a similar nature 0 91 571 60 982 152 553 0 152 553 external expense -209 108 -51 399 -114 218 -374 725 0 -374 725 Internal interest income 90 682 -21 462 -69 220 0 0 0 internal income 594 531 198 007 723 318 1 515 856 0 1 515 856 internal expense -503 849 -219 469 -792 538 -1 515 856 0 -1 515 856
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 18 Retail customers Corporate customers Treasury Total operating segments Unallocated items Total Net interest income 576 813 284 333 261 275 1 122 421 0 1 122 421 Fee and commission income 156 682 167 547 -5 204 319 025 0 319 025 Fee and commission expense -69 001 -7 314 -2 170 -78 485 0 -78 485 Net fee and commission income 87 681 160 233 -7 374 240 540 0 240 540 Dividend income 0 0 40 412 40 412 0 40 412 The result on financial assets measured at fair value through profit or loss and FX result 24 4 748 7 138 11 910 0 11 910 The result on derecognition of financial assets and liabilities not measured at fair value through profit or loss 0 0 6 670 6 670 0 6 670 measured at fair value through other comprehensive income 0 0 4 864 4 864 0 4 864 measured at amortized cost 0 0 1 806 1 806 0 1 806 Other operating income 16 999 4 966 0 21 965 0 21 965 Other operating expenses -64 386 -13 952 0 -78 338 0 -78 338 Net expected credit losses -935 -131 059 0 -131 994 0 -131 994 The result on impairment of non- financial assets -113 -47 0 -160 0 -160 Cost of legal risk of FX mortgage loans -12 676 0 0 -12 676 0 -12 676 General administrative expenses -417 984 -204 753 0 -622 737 0 -622 737 Gross profit 185 423 104 469 308 121 598 013 0 598 013 Income tax 0 0 0 0 -231 383 -231 383 Net profit 185 423 104 469 308 121 598 013 -231 383 366 630 Results and volumes by segment for the period from 1 January 2025 to 30 June 2025 Retail customers Corporate customers Treasury Total operating segments Unallocated items Total External interest income 1 360 476 761 208 452 243 2 573 927 0 2 573 927 external income 1 800 618 690 856 774 801 3 266 275 0 3 266 275 income of a similar nature 0 213 109 44 985 258 094 0 258 094 external expense -440 142 -142 757 -367 543 -950 442 0 -950 442 Internal interest income 125 271 -122 504 -2 767 0 0 0 internal income 1 273 957 497 053 1 768 243 3 539 253 0 3 539 253 internal expense -1 148 686 -619 557 -1 771 010 -3 539 253 0 -3 539 253 Net interest income 1 485 747 638 704 449 476 2 573 927 0 2 573 927 Fee and commission income 271 247 317 434 -2 571 586 110 0 586 110 Fee and commission expense -131 459 -19 732 -3 360 -154 551 0 -154 551 Net fee and commission income 139 788 297 702 -5 931 431 559 0 431 559 Dividend income 0 0 52 52 0 52 The result on financial assets measured at fair value through profit or loss and FX result 22 11 183 4 084 15 289 0 15 289 The result on derecognition of financial assets and liabilities not measured at fair value through profit or loss 0 0 3 081 3 081 0 3 081 measured at fair value through other comprehensive income 0 0 3 078 3 078 0 3 078 measured at amortized cost 0 0 3 3 0 3
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 19 Retail customers Corporate customers Treasury Total operating segments Unallocated items Total Other operating income 35 572 19 315 0 54 887 0 54 887 Other operating expenses -65 529 -23 990 0 -89 519 0 -89 519 Net expected credit losses -49 431 -104 368 0 -153 799 0 -153 799 The result on impairment of non- financial assets -542 -219 0 -761 0 -761 Cost of legal risk of FX mortgage loans -59 569 0 0 -59 569 0 -59 569 General administrative expenses -888 145 -416 833 0 -1 304 978 0 -1 304 978 Gross profit 597 913 421 494 450 762 1 470 169 0 1 470 169 Income tax 0 0 0 0 -353 629 -353 629 Net profit 597 913 421 494 450 762 1 470 169 -353 629 1 116 540 Assets 65 789 418 32 990 937 0 98 780 355 687 291 99 467 646 Liabilities 62 968 534 24 902 736 0 87 871 270 106 550 87 977 820 Results and volumes by segment for the period from 1 April 2025 to 30 June 2025 Retail customers Corporate customers Treasury Total operating segments Unallocated items Total External interest income 683 907 374 428 230 812 1 289 147 0 1 289 147 external income 898 963 341 113 386 215 1 626 291 0 1 626 291 income of a similar nature 0 105 594 22 234 127 828 0 127 828 external expense -215 056 -72 279 -177 637 -464 972 0 -464 972 Internal interest income 66 517 -56 779 -9 738 0 0 0 internal income 640 348 248 852 879 462 1 768 662 0 1 768 662 internal expense -573 831 -305 631 -889 200 -1 768 662 0 -1 768 662 Net interest income 750 424 317 649 221 074 1 289 147 0 1 289 147 Fee and commission income 141 448 161 307 -1 591 301 164 0 301 164 Fee and commission expense -67 640 -9 665 -1 592 -78 897 0 -78 897 Net fee and commission income 73 808 151 642 -3 183 222 267 0 222 267 Dividend income 0 0 25 25 0 25 The result on financial assets measured at fair value through profit or loss and FX result 7 5 796 27 952 33 755 0 33 755 The result on derecognition of financial assets and liabilities not measured at fair value through profit or loss 0 0 305 305 0 305 measured at fair value through other comprehensive income 0 0 305 305 0 305 measured at amortized cost 0 0 0 0 0 0 Other operating income 20 025 10 365 0 30 390 0 30 390 Other operating expenses -42 458 -9 643 0 -52 101 0 -52 101 Net expected credit losses 13 973 -47 839 0 -33 866 0 -33 866 The result on impairment of non- financial assets -452 -181 0 -633 0 -633 Cost of legal risk of FX mortgage loans -43 675 0 0 -43 675 0 -43 675 General administrative expenses -423 941 -193 731 0 -617 672 0 -617 672 Gross profit 347 711 234 058 246 173 827 942 0 827 942 Income tax 0 0 0 0 -187 716 -187 716 Net profit 347 711 234 058 246 173 827 942 -187 716 640 226
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 20 Notes to the interim condensed consolidated income statement 4 Net interest income 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 Interest income calculated using the effective interest method 1 344 593 2 843 986 1 626 291 3 266 275 term deposits 70 310 1 107 4 036 loans and advances measured at amortized cost* 936 700 2 029 702 1 210 496 2 436 863 securities measured at amortized cost 54 872 108 933 24 262 48 508 securities measured at fair value through other comprehensive income 250 919 508 910 273 211 556 370 receivables acquired 7 268 13 919 8 021 14 944 repo transactions in securities 46 294 82 677 44 343 72 713 current accounts 29 194 60 886 43 809 89 165 overnight deposits 643 1 048 925 2 104 other 18 633 37 601 20 117 41 572 Income of a similar nature 152 553 286 591 127 828 258 094 derivatives instruments 60 982 102 471 22 234 44 985 leasing 91 571 184 120 105 594 213 109 Interest expense -374 725 -759 926 -464 972 -950 442 term deposits -158 988 -319 798 -191 613 -383 506 own issue -33 145 -68 299 -37 053 -75 167 repo transactions in securities -26 162 -52 298 -23 325 -51 667 cash deposits -4 423 -10 412 -6 285 -7 533 leasing -2 537 -5 076 -1 980 -4 141 other 64 -26 -911 -2 842 current deposits -105 392 -212 585 -98 399 -205 083 derivatives -44 142 -91 432 -105 406 -220 503 Net interest income 1 122 421 2 370 651 1 289 147 2 573 927 *Including an update of the estimates of expected cash flows of the consumer loan portfolio, excluding interest on credited costs in the amount of PLN 153.2 million. 5 Net fee and commission income 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 Fee and commission income 319 025 622 478 301 164 586 110 payment and credit cards service 42 386 82 739 41 111 80 133 transaction margin on currency exchange transactions 79 156 152 484 78 620 151 282 maintaining bank accounts 31 086 57 910 26 629 52 726 brokerage commissions 33 295 63 561 23 145 43 396 revenue from bancassurance activity 25 480 50 753 21 604 43 120 loans and advances 33 231 67 547 35 943 70 402 transfers 16 937 32 349 16 157 30 872 cash operations 8 522 16 010 8 548 16 354 guarantees, letters of credit, collection, commitments 4 827 9 106 3 800 7 788 receivables acquired 1 263 2 428 1 088 2 101 for custody services 1 010 3 614 3 072 5 838 repayment of seizure 2 602 5 129 2 629 5 150 from leasing activities 21 819 43 745 19 748 39 820 other commissions 17 411 35 103 19 070 37 128 Fee and commission expenses -78 485 -160 787 -78 897 -154 551
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 21 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 costs of card and ATM transactions, including costs of cards issued -24 764 -46 737 -21 815 -42 409 commissions paid to agents -13 951 -29 229 -13 796 -27 208 insurance of bank products -1 986 -4 387 -5 235 -10 694 costs of awards for customers -8 284 -16 327 -8 864 -16 991 commissions for access to ATMs -7 995 -15 022 -7 538 -13 778 commissions paid under contracts for performing specific operations -5 694 -16 512 -6 653 -13 137 brokerage commissions -1 612 -3 270 -1 520 -2 890 for custody services -596 -1 827 -1 133 -2 305 transfers and remittances -7 367 -15 502 -6 373 -13 530 other commissions -6 236 -11 974 -5 970 -11 609 Net fee and commission income 240 540 461 691 222 267 431 559 01.01.2026 - 30.06.2026 Retail segment Corporate segment Treasury activities Total Fee and commission income 303 940 323 353 -4 815 622 478 payment and credit cards service 62 543 20 196 0 82 739 transaction margin on currency exchange transactions 95 974 61 325 -4 815 152 484 maintaining bank accounts 25 395 32 515 0 57 910 brokerage commissions 63 561 0 0 63 561 revenue from bancassurance activity 20 786 29 967 0 50 753 loans and advances 11 360 56 187 0 67 547 transfers 9 898 22 451 0 32 349 cash operations 8 073 7 937 0 16 010 guarantees, letters of credit, collection, commitments 0 9 106 0 9 106 receivables acquired 0 2 428 0 2 428 custody services 0 3 614 0 3 614 repayment of seizure 0 5 129 0 5 129 from leasing activities 0 43 745 0 43 745 other commissions 6 350 28 753 0 35 103 01.04.2026 - 30.06.2026 Retail segment Corporate segment Treasury activities Total Fee and commission income 156 682 167 547 -5 204 319 025 payment and credit cards service 32 055 10 331 0 42 386 transaction margin on currency exchange transactions 50 518 33 842 -5 204 79 156 maintaining bank accounts 12 665 18 421 0 31 086 brokerage commissions 33 295 0 0 33 295 revenue from bancassurance activity 10 235 15 245 0 25 480 loans and advances 5 725 27 506 0 33 231 transfers 5 051 11 886 0 16 937 cash operations 4 305 4 217 0 8 522 guarantees, letters of credit, collection, commitments 0 4 827 0 4 827 receivables acquired 0 1 263 0 1 263 custody services 0 1 010 0 1 010 repayment of seizure 0 2 602 0 2 602 from leasing activities 0 21 819 0 21 819
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 22 01.04.2026 - 30.06.2026 Retail segment Corporate segment Treasury activities Total other commissions 2 833 14 578 0 17 411 01.01.2025 - 30.06.2025 Retail segment Corporate segment Treasury activities Total Fee and commission income 271 247 317 434 -2 571 586 110 payment and credit cards service 59 650 20 483 0 80 133 transaction margin on currency exchange transactions 91 340 62 513 -2 571 151 282 maintaining bank accounts 24 895 27 831 0 52 726 brokerage commissions 43 396 0 0 43 396 revenue from bancassurance activity 16 117 27 003 0 43 120 loans and advances 10 385 60 017 0 70 402 transfers 9 995 20 877 0 30 872 cash operations 7 888 8 466 0 16 354 guarantees, letters of credit, collection, commitments 0 7 788 0 7 788 receivables acquired 0 2 101 0 2 101 custody services 0 5 838 0 5 838 repayment of seizure 0 5 150 0 5 150 from leasing activities 0 39 820 0 39 820 other commissions 7 581 29 547 0 37 128 01.04.2025 - 30.06.2025 Retail segment Corporate segment Treasury activities Total Fee and commission income 141 448 161 307 -1 591 301 164 payment and credit cards service 30 431 10 680 0 41 111 transaction margin on currency exchange transactions 48 355 31 856 -1 591 78 620 maintaining bank accounts 12 333 14 296 0 26 629 brokerage commissions 23 145 0 0 23 145 revenue from bancassurance activity 8 461 13 143 0 21 604 loans and advances 5 517 30 426 0 35 943 transfers 5 136 11 021 0 16 157 cash operations 4 177 4 371 0 8 548 guarantees, letters of credit, collection, commitments 0 3 800 0 3 800 receivables acquired 0 1 088 0 1 088 custody services 0 3 072 0 3 072 repayment of seizure 0 2 629 0 2 629 from leasing activities 0 19 748 0 19 748 other commissions 3 893 15 177 0 19 070 6 The result on financial assets measured at fair value through profit or loss and FX result 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 FX result and net income on currency derivatives, including: 12 386 23 882 20 376 28 709
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 23 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 FX result -2 791 -57 347 71 233 45 517 currency derivatives 15 177 81 229 -50 857 -16 808 Interest rate derivatives result -3 939 23 -1 783 -15 063 Ineffective part of hedge accounting -4 047 -1 593 714 -310 Change in fair value measurement for the hedged risk 5 230 20 905 14 358 -524 Net income from other financial instruments 2 280 -1 90 2 477 The result on financial assets measured at fair value through profit or loss and FX result 11 910 43 216 33 755 15 289 7 The result on derecognition of financial instruments not measured at fair value through profit or loss 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 Result on derecognition of debt securities measured at fair value through other comprehensive income 4 864 10 885 305 3 078 Result on investment financial assets measured at amortized cost 1 806 1 806 0 3 The result on derecognition of financial assets and liabilities not measured at fair value through profit or loss 6 670 12 691 305 3 081 8 Other operating income and expense 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 income from contracts with business partners 451 1 166 1 491 2 806 reimbursement of costs of claim enforcement 7 046 13 648 7 705 16 755 received compensations, recoveries, penalties and fines 328 708 352 574 management of third-party assets 6 003 13 862 4 631 8 856 from license fees from Partners 684 1 377 712 1 437 adjustment due to VAT settlement -2 988 0 151 reversal of impairment losses on other assets 132 375 644 1 169 other 7 323 22 300 14 855 23 139 Other operating income 21 965 54 424 30 390 54 887 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 fees and costs of claim enforcement -6 652 -14 438 -10 845 -23 804 provision for legal claims -33 038 -24 257 -25 735 -30 963 paid compensations, fines, and penalties -5 350 -6 352 -956 -4 421 management of third-party assets -447 -970 -456 -910 recognition of complaints -1 391 -2 446 -773 -1 803 impairment losses on other assets -4 928 -6 055 -896 -2 391 adjustment due to VAT settlement 0 0 -2 -2 418 other -26 532 -64 918 -12 438 -22 809 Other operating expenses -78 338 -119 436 -52 101 -89 519
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 24 9 General administrative expenses 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 Payroll costs -317 399 -654 553 -314 632 -649 647 salaries and other benefits for employees -258 096 -531 536 -256 107 -525 013 social security -52 273 -108 585 -52 373 -108 523 costs of bonus for senior executives settled in phantom shares -209 -1 434 70 -4 080 other -6 821 -12 998 -6 222 -12 031 General and administrative costs -162 647 -385 758 -162 160 -373 317 building maintenance expenses -19 322 -37 895 -22 300 -43 282 costs of Banking Guarantee Fund 0 -86 796 -11 002 -85 638 IT costs -58 258 -112 304 -57 381 -108 952 marketing costs -28 501 -51 096 -30 548 -47 280 cost of advisory services -18 337 -24 071 -8 487 -16 651 external services -11 732 -19 485 -9 901 -17 941 training costs -2 052 -2 919 -1 560 -4 946 costs of telecommunications services -5 211 -10 900 -6 088 -12 103 other -19 234 -40 292 -14 893 -36 524 Amortization and depreciation -64 360 -126 594 -64 759 -126 464 property, plant and equipment -23 007 -47 009 -24 440 -48 958 intangible assets -21 776 -40 630 -19 568 -36 154 right to use the asset -19 577 -38 955 -20 751 -41 352 Taxes and fees -6 348 -14 707 -8 054 -15 977 General administrative expenses -550 754 -1 181 612 -549 605 -1 165 405 10 Net expected credit losses 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 Expected credit losses Stage 3 -197 920 -283 344 -112 100 -243 911 retail customers -41 766 -109 425 -58 600 -139 904 corporate customers -156 154 -173 919 -53 500 -104 007 Expected credit losses Stage 1 and 2(ECL) 10 833 -33 142 -18 551 -2 939 Stage 2 628 -25 373 -26 862 -13 995 retail customers 7 474 -4 851 -9 500 -3 988 corporate customers -6 846 -20 522 -17 362 -10 007 Stage 1 10 205 -7 769 8 311 11 056 retail customers -1 351 -1 620 1 646 5 544 corporate customers 11 556 -6 149 6 665 5 512 POCI -22 621 -66 795 -16 609 -45 897 Recoveries 77 511 135 550 115 375 141 686 Securities -409 -2 166 -497 -1 011 Off-balance provisions 612 2 630 -1 484 -1 727 Net expected credit losses -131 994 -247 267 -33 866 -153 799 Expected credit loss costs in the second quarter and the entire first half of 2026 are above the same periods in 2025. The main reason is the recognition of losses for customers from the renewable energy sector (presented both in the item of allowances for Stage 3 and Stage 2 of the corporate customer segment) and lower profits from the sale of NPL portfolios (presented in the item Recoveries).
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 25 11 The result on impairment of non-financial assets 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 Tangible fixed assets -12 -23 -65 -105 Intangible assets -148 -809 -568 -656 The result on impairment of non-financial assets -160 -832 -633 -761 12 Cost of legal risk of FX mortgage loans 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 Loans and advances to customers - adjustment decreasing the gross carrying amount of loans -11 300 -25 528 -30 857 -39 866 Provisions -4 258 -27 649 -13 396 -21 380 Other 2 882 3 845 578 1 677 Cost of legal risk of FX mortgage loans -12 676 -49 332 -43 675 -59 569 13 Banking Tax The Bank is subject to the tax on certain financial institutions pursuant to the Act of 15 January 2016 on Tax on Certain Financial Institutions. The tax base is the surplus of total assets over PLN 4 billion, as shown in the trial balance at the end of ea ch month. The tax base is reduced by, among other things, the value of own funds, the value of assets in the form of Treasury securities, the value of assets in the form of securities statutorily guaranteed by the State Treasury, and the value of assets ac quired from the National Bank of Poland (NBP) as collateral for a refinancing loan granted by the NBP. The tax is paid monthly (the monthly tax rate is 0.0366%) by the 25th day of the month following the month to which it relates and recognized in the profit and loss account in the period to which it relates. Pursuant to the Act of 6 November 2025 amending the Corporate Income Tax Act and the Act on Tax on Certain Financial Institutions (Journal of Laws of 2025, item 1658), the monthly tax rate in 2027 will be 0.0329% and from 2028 – 0.0293%.. 14 Income tax In accordance with IAS 34, the Capital Group took into account the principle of recognizing income tax charges on the financial result based on the management's best possible estimate of the weighted average annual income tax rate that the Capital Group ex pects in 202 6. The projected annual effective tax rate is approximately 37%. On 1 January 2026, the Act of 6 November 2025, amending the Corporate Income Tax Act and the Act on Tax on Certain Financial Institutions (Journal of Laws of 2025, item 1658), entered into force, which changes the corporate income tax rate for banks. The act increases the corporate income tax rate for banks (excluding taxpayers who are cooperative banks) in 2026 from the current 19% to 30%.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 26 14.1 Tax charge disclosed in the profit and loss account 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 Current tax 210 211 385 615 170 979 281 725 Deferred income tax 21 172 83 306 16 737 71 904 Income tax 231 383 468 921 187 716 353 629 14.2 Effective tax rate calculation 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 Gross profit 598 013 1 238 737 827 942 1 470 169 Income tax at 30%/19% 179 404 371 621 157 309 279 332 Non-tax-deductible expenses (tax effect) 52 180 124 598 29 654 75 463 Allowances for expected credit losses, written-off receivables 7 095 5 556 4 255 16 385 Prudential fee to BGF 0 26 039 2 090 16 271 Tax on Certain Financial Institutions 21 595 43 764 12 933 26 519 Cost of legal risk of FX mortgage loans 3 803 14 800 8 298 11 318 Other 19 687 34 439 2 078 4 970 Non-taxable income (tax effect) -11 630 -19 330 -676 -1 306 Other 11 429 -7 968 1 429 140 Income tax recognized in the income statement 231 383 468 921 187 716 353 629 Effective tax rate 38.69% 37.85% 22.67% 24.05% 15 Profit per share 01.04.2026 - 30.06.2026 01.01.2026 - 30.06.2026 01.04.2025 - 30.06.2025 01.01.2025 - 30.06.2025 Net profit 366 630 769 816 640 226 1 116 540 Weighted average number of ordinary shares 130 553 991 130 553 991 130 553 991 130 553 991 Basic/diluted net profit per share (PLN) 2.81 5.90 4.90 8.55 Basic profit per share is calculated as the quotient of profit attributable to the Bank's shareholders and the weighted average number of ordinary shares in the year. Pursuant to IAS 33, diluted earnings per share are calculated based on the ratio of the profit attributable to the Bank's shareholders to the weighted average number of ordinary shares, adjusted as if all dilutive potential ordinary shares were converted i nto shares. As at 30 June 2026 and 30 June 2025, the Group did not have dilutive instruments.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 27 Notes to the interim condensed consolidated statement of financial position 16 Cash and cash equivalents 30.06.2026 31.12.2025 Current account with the central bank 3 223 442 2 979 614 Cash 433 164 430 738 Current accounts in other banks 233 393 652 504 Term deposits in other banks 5 900 98 Gross carrying amount 3 895 899 4 062 954 Expected credit losses -22 -40 Carrying amount 3 895 877 4 062 914 17 Amounts due from banks 30.06.2026 31.12.2025 Reverse Repo 1 245 921 1 325 770 Deposits as derivative transactions (ISDA) collateral 839 226 753 864 Other 114 982 123 492 Gross carrying amount 2 200 129 2 203 126 Expected credit losses -4 -17 Carrying amount 2 200 125 2 203 109 18 Securities and derivatives 30.06.2026 31.12.2025 Investment financial assets and derivatives 27 952 269 26 509 328 measured at fair value through other comprehensive income 22 141 354 22 542 955 measured at fair value through profit or loss 407 984 370 637 measured at amortized cost 5 402 931 3 595 736 Expected credit losses for financial assets - debt instruments 30.06.2026 31.12.2025 Carrying amount / Gross carrying amount Expected credit losses Carrying amount / Gross carrying amount Expected credit losses measured at fair value through other comprehensive income 21 937 081 11402* 22 342 211 10 242* measured at amortized cost 5 405 875 2 943 3 597 631 1 895 *An ECL of debt securities measured at fair value through other comprehensive income is included in the “Revaluation reserve” item and does not reduce the carrying amount Securities and derivatives by type measured at fair value through other comprehensive income 30.06.2026 31.12.2025* Debt instruments 21 937 081 22 342 211 Issued by the central governments 21 298 033 20 617 457 T-bonds 19 232 603 19 046 261 T-bills 1 455 197 945 076
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 28 measured at fair value through other comprehensive income 30.06.2026 31.12.2025* eurobonds 35 877 54 336 bonds 574 356 571 784 Issued by monetary institutions 639 048 1 724 754 eurobonds 639 048 625 365 money bills 0 1 099 389 Equity instruments 204 273 200 744 Total 22 141 354 22 542 955 *The National Bank of Poland (NBP) has changed the rules for presenting Bank Gospodarstwa Krajowego (BGK) flow funds in its monetary statistics as at January 2026. This change means that most bonds issued by BGK will be transferred to central government debt statistics. measured at fair value through profit or loss 30.06.2026 31.12.2025 Debt instruments 80 155 103 328 Issued by the central governments 80 151 103 324 T-bonds 80 151 103 324 Issued by other financial institutions 4 4 bonds 4 4 Equity instruments 19 346 19 218 Derivative financial instruments 308 483 248 091 Interest rate transactions 147 270 156 801 SWAP 145 784 155 724 Cap Floor Options 870 485 FRA 616 577 Forward 0 15 Foreign exchange transactions 95 744 59 368 FX Swap 61 311 16 386 FX forward 24 908 34 285 CIRS 1 232 1 058 FX options 8 293 7 639 Other options 615 146 Precious metals and commodities transactions 64 854 31 776 Total 407 984 370 637 measured at amortized cost 30.06.2026 31.12.2025 Debt instruments 5 402 931 3 595 736 Issued by the central governments 5 402 869 3 595 675 T-bonds 5 402 869 3 595 675 Issued by other financial companies 62 61 bonds 62 61 Total 5 402 931 3 595 736 19 Loans and advances to customers 19.1 Accounting principles In first half of 2026, the Group did not introduce any changes to the principles and methodology for classifying loan exposures and estimating provisions for expected credit losses. The applied rules are the same as those described in the annual financial statements.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 29 Rules for classifying exposures covered by key statutory customer support instruments The key statutory customer support tools available, inter alia, due to the macroeconomic situation, include: • Borrowers Support Fund, • moratoriums available to customers who have lost their source of income , Exposures covered by the Borrowers Support Fund and exposures covered by moratoriums for customers who have lost their source of income are classified by the Group to forbearance and, consequently, to Stage 2 (unless they meet the impairment / default criteria, which would result in classification to Stage 3). 19.2 Future macroeconomic factors in the assessment of credit quality and impairment allowances estimation The Group ensures that future macroeconomic factors are included in all significant components of the estimated credit losses. Taking into account future macroeconomic factors ensures that the current valuation of ECL reflects the expected scale of deterioration in the credit quality of the portfolio due to the tough macroeconomic environment. The Group currently considers the key risk areas to be significant, unprecedented challenges in the geopolitical environment, including the conflict in the Middle East and the war in Ukraine, which have a significant impact on the macroeconomic environment (energy prices, changes in interest rates, inflation, exchange rates). A complex macroeconomic environment and its impact on the loan portfolio Due to significant - unprecedented - changes in the macroeconomic environment (changes in interest rates, inflation, exchange rates, energy prices), the FLI component in the portfolio valuation is important, reflecting the Group's expectations regarding the scenario development of macroeconomic factors. The Group ensures that future macroeconomic factors are included in all material components of the expected credit loss estimate. The FLI adjustments developed for individual risk parameters ensure that the risk parameter estimates are adjusted to future m acroeconomic factors and are included at the level of individual exposures. Within the individual models of expected loss parameters, the Group has developed econometric solutions and sensitivity analyses that enable the assessment of the impact of macroeconomic scenarios on the behavior of the credit portfolio. The Group uses econometric models describing changes in the DR (default rate) and LGD (loss given default) parameters depending on macroeconomic scenarios. In particular, in terms of the methodology used for the PD parameter, the Group uses: • for the retail customer segment, econometric models making the evolution of the DR level dependent on macroeconomic factors in individual scenarios, • for the corporate client segment that does not keep full accounting, an econometric model forecasting the level of DR depending on macro factors, • for the corporate client segment maintaining full accounting, industry models enabling the simulation of the client's rating assessment, fed with current information on changes in the macroeconomic environment, taking into account the current levels of sales revenues and margin levels.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 30 In the area of the LGD parameter, a solution is used that makes the level of recovery dependent on the dynamics of changes in macroeconomic factors such as Gross Domestic Product, wages, and the NBP base rate (the scope and sensitivity to a given factor were adjusted depending on the model segment). As regards the collateral included in the valuation of credit exposure impairment, the Group takes into account the risk of negative future macroeconomic factors affecting the collateral value and applies an additional haircut over the current market valuations and estimated recovery rates reflecting the economic recoverability of collateral. The models used in the PD parameter area assume that the disposable income of households is influenced by factors such as GDP dynamics, real wage dynamics, reference rate, unemployment rate or EUR/PLN exchange rate. Interdependencies between macroeconomic variables are taken into account at the stage of creating scenarios. Macro scenarios used in the assumptions The Group assumes 3 scenarios of the future macroeconomic situation: • base, with a probability of implementation of 50% (where the GDP growth rate at the end of the following years in the period 2026-2027 is 3.8% y/y and 3.3% y/y, respectively, and the NBP base rate is 3.3% and 3.3% ,respectively), • negative, with a probability of implementation of 25% (where the GDP growth rate at the end of the following years in the period 2026-2027 is 2.3% y/y and 1.8%, respectively, and the NBP base rate is 4.5% and 4.0%,respectively), • optimistic, with a probability of implementation of 25% (where the GDP growth rate at the end of the following years in the period 2026-2027 is 5.2% y/y and 4.8%, respectively, and the NBP base rate is 2.5% and 2.5%,respectively). developed internally by the Macroeconomic Analysis Department. 19.3 Quality and structure of the loan portfolio Key credit portfolio quality indicators as at 30 June 2026 As at 30 June 2026, despite the negative macroeconomic environment and geopolitical situation, the Group did not observe a significant negative impact on the quality of the loan portfolio. The share of 30 - day overdue loans in the regular portfolio as at 30 June 2026 was 0.27% compared to 0.33 % as at 31 December 2025. In the Group's opinion, this situation is largely due to: • insignificant, negative transmission of the increased interest rates on the debt servicing capacity of the Bank's clients, • lack of direct financial involvement in projects in the Middle East, • deferred potential negative effects of significant increases/volatility in energy prices, • insignificant impact on the quality of the loan portfolio of the armed conflict in Ukraine, • the scale of support clients receive in terms of the borrowers' support fund. The Group adapts its lending policies and processes to the current macroeconomic situation and the resulting threats (both in terms of adapting the lending policy and processes to the high interest rate
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 31 environment and the geopolitical and economic effects of the war in Ukraine and the conflict in the Middle East). The changes are aimed at supporting customers (including in the scope of business activities conducted by corporate customers) while at the same time focusing on minimizing the Group's credit losses.. As at 30 June 2026 the level of write -downs for exposures classified to Stage 1 and Stage 2 is approx. PLN 0.9 billion and remains stable compared to the level maintained as at 31 December 202 5. The key credit parameters of the regular portfolio are presented below (non-default): *according to the EBA definition As at 30 June 2026 and 31 December 2025, exposures classified to Stage 3, together with the structure of the recoverable amount of collateral, was as follows (in MPLN): Date individual portfolio collective portfolio exposure value % of collateral coverage* % coverage with write-offs exposure value % of collateral coverage* % coverage with write-offs 31.12.2025 1 135 45% 49% 2 484 33% 54% 30.06.2026 1 027 37% 52% 2 346 32% 55% *expressed at the economic recoverable amount 19.4 Financial data Loans and advances granted to customers 30.06.2026 31.12.2025 Retail segment 45 294 464 43 866 251 Consumer loans 20 128 600 20 862 061 Mortgage loans 25 165 864 23 004 190 Corporate segment 26 095 253 24 383 541 Finance lease receivables 6 750 144 6 292 815 Other loans and advances 19 345 109 18 090 726 Gross carrying amount 71 389 717 68 249 792 Expected credit losses -2 774 703 -2 798 334 Carrying amount 68 615 014 65 451 458 Loans and advances granted to customers 30.06.2026 Stage 1 Stage 2 Stage 3 POCI Total Retail segment 40 902 740 3 438 586 935 482 17 656 45 294 464 Consumer loans 17 342 579 2 053 633 719 554 12 834 20 128 600 Mortgage loans 23 560 161 1 384 953 215 928 4 822 25 165 864 Corporate segment 18 368 565 4 961 698 2 438 284 326 706 26 095 253 Finance lease receivables 5 787 580 631 734 330 830 0 6 750 144 Other loans and advances 12 580 985 4 329 964 2 107 454 326 706 19 345 109 Gross carrying amount 59 271 305 8 400 284 3 373 766 344 362 71 389 717 Expected credit losses -333 894 -581 492 -1 833 877 -25 440 -2 774 703 Carrying amount 58 937 411 7 818 792 1 539 889 318 922 68 615 014 Date DPD 30+* PD LGD Stage 2 share in the regular portfolio Coverage of regular portfolio write-offs 31.12.2025 0.33% 2.03% 29.0% 12.9% 1.4% 30.06.2026 0.27% 1.83% 28.4% 12.4% 1.4%
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 32 Loans and advances granted to customers 31.12.2025 Stage 1 Stage 2 Stage 3 POCI Total Retail segment 39 428 926 3 423 401 1 001 015 12 909 43 866 251 Consumer loans 17 938 288 2 116 225 796 694 10 854 20 862 061 Mortgage loans 21 490 638 1 307 176 204 321 2 055 23 004 190 Corporate segment 16 651 724 4 856 218 2 617 835 257 764 24 383 541 Finance lease receivables 5 381 750 591 291 319 774 0 6 292 815 Other loans and advances 11 269 974 4 264 927 2 298 061 257 764 18 090 726 Gross carrying amount 56 080 650 8 279 619 3 618 850 270 673 68 249 792 Expected credit losses -325 895 -555 403 -1 901 689 -15 347 -2 798 334 Carrying amount 55 754 755 7 724 216 1 717 161 255 326 65 451 458 In the period from 1 January to 30 June 2026, the Group sold loans with a total gross value amounting to PLN 187 205 thousand, while the impairment allowance recorded for this portfolio amounted to PLN 139 395 thousand. The impact of debt sales on the cost of risk in 2026 amounted to PLN (+) 26 901 thousand (profit). In the first half of 2025, the Group sold loans with a total gross value amounting to PLN 187 276 thousand, while the allowance for expected credit losses for this portfolio amounted to PLN 120 848 thousand. The impact of debt sales on the cost of risk in 2025 amounted to PLN (+) 21 128 thousand (profit). From 1 January to 30 June 2026, the Group wrote off the financial assets amounted to PLN 340 128 thousand. The financial assets that are written off concerned both the loan portfolio of retail and corporate customers. From 1 January to 30 June 2025 the Group wrote off the financial assets amounted to PLN 360 149 thousand. The financial assets that are written off concerned both the loan portfolio of retail and business customers. Loans and advances to customers Stage 1 Stage 2 Stage 3 POCI Total Retail segment Consumer loans Gross carrying amount As at 01.01.2026 17 938 288 2 116 225 796 694 10 854 20 862 061 New / purchased / granted financial assets 5 782 691 0 0 4 567 5 787 258 Changes due to the sale or expiry of the instrument -3 256 740 -156 297 -172 981 -682 -3 586 700 Transfer to Stage 1 288 094 -283 274 -4 820 0 0 Transfer to Stage 2 -691 629 730 363 -38 734 0 0 Transfer to Stage 3 -102 106 -145 391 247 497 0 0 Valuation changes including partial repayments -2 617 227 -207 720 -12 123 -1 586 -2 838 656 Assets written off the balance sheet 0 0 -96 031 -326 -96 357 Other changes, including exchange differences 1 208 -273 52 7 994 As at 30.06.2026 17 342 579 2 053 633 719 554 12 834 20 128 600 Expected credit losses As at 01.01.2026 216 508 261 891 528 519 -4 337 1 002 581 New / purchased / granted financial assets 47 780 0 0 8 833 56 613 Changes due to the sale or expiry of the instrument -36 696 -18 116 -100 371 -2 215 -157 398
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 33 Loans and advances to customers Stage 1 Stage 2 Stage 3 POCI Total Transfer to Stage 1 45 708 -43 901 -1 807 0 0 Transfer to Stage 2 -17 953 32 390 -14 437 0 0 Transfer to Stage 3 -6 779 -32 807 39 586 0 0 Change in the estimate of expected credit losses* -30 195 66 686 183 033 5 864 225 388 Net expected credit losses in the income statement 1 865 4 252 106 004 12 482 124 603 Assets written off the balance sheet 0 0 -96 031 -326 -96 357 Fair value evaluation at the moment of initial recognition 0 0 0 -12 803 -12 803 Other changes, including exchange differences -71 10 -57 817 91 -57 787 As at 30.06.2026 218 302 266 153 480 675 -4 893 960 237 Carrying amount as at 30.06.2026 17 124 277 1 787 480 238 879 17 727 19 168 363 Loans and advances to customers Stage 1 Stage 2 Stage 3 POCI Total Retail segment Consumer loans Gross carrying amount As at 01.01.2025 17 943 094 1 663 438 920 082 18 709 20 545 323 New / purchased / granted financial assets 5 965 580 0 0 1 509 5 967 089 Changes due to the sale or expiry of the instrument -2 901 083 -97 513 -143 332 -1 955 -3 143 883 Transfer to Stage 1 223 576 -214 730 -8 846 0 0 Transfer to Stage 2 -521 335 561 036 -39 701 0 0 Transfer to Stage 3 -122 746 -153 834 276 580 0 0 Valuation changes including partial repayments -2 459 912 -119 787 -29 265 -2 355 -2 611 319 Assets written off the balance sheet 0 0 -90 385 -1 063 -91 448 Other changes, including exchange differences -369 189 -337 0 -517 As at 30.06.2025 18 126 805 1 638 799 884 796 14 845 20 665 245 Expected credit losses As at 01.01.2025 271 944 232 658 596 776 -543 1 100 835 New / purchased / granted financial assets 58 154 0 0 3 000 61 154 Changes due to the sale or expiry of the instrument -39 445 -10 939 -83 438 -1 888 -135 710 Transfer to Stage 1 41 140 -37 394 -3 746 0 0 Transfer to Stage 2 -22 009 37 666 -15 657 0 0 Transfer to Stage 3 -11 136 -32 430 43 566 0 0 Change in the estimate of expected credit losses* -30 506 30 627 190 195 2 563 192 879 Net expected credit losses in the income statement -3 802 -12 470 130 920 3 675 118 323 Assets written off the balance sheet 0 0 -90 385 -1 063 -91 448 Fair value evaluation at the moment of initial recognition 0 0 0 -3 324 -3 324 Other changes, including exchange differences 0 -12 -56 006 -1 421 -57 439 As at 30.06.2025 268 142 220 176 581 305 -2 676 1 066 947 Carrying amount as at 30.06.2025 17 858 663 1 418 623 303 491 17 521 19 598 298 Loans and advances to customers Stage 1 Stage 2 Stage 3 POCI Total Retail segment Mortgage loans Gross carrying amount As at 01.01.2026 21 490 638 1 307 176 204 321 2 055 23 004 190 New / purchased / granted financial assets 3 286 684 0 0 3 190 3 289 874 Changes due to the sale or expiry of the instrument -906 404 -38 143 -14 611 -2 -959 160
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 34 Loans and advances to customers Stage 1 Stage 2 Stage 3 POCI Total Transfer to Stage 1 138 818 -136 316 -2 502 0 0 Transfer to Stage 2 -297 435 312 310 -14 875 0 0 Transfer to Stage 3 -16 155 -35 330 51 485 0 0 Valuation changes including partial repayments -196 707 -27 854 -3 611 -122 -228 294 Assets written off the balance sheet 0 0 -4 862 -305 -5 167 Other changes, including exchange differences 60 722 3 110 583 6 64 421 As at 30.06.2026 23 560 161 1 384 953 215 928 4 822 25 165 864 Expected credit losses 0 As at 01.01.2026 11 507 62 654 70 748 -257 144 652 New / purchased / granted financial assets 1 190 0 0 2 014 3 204 Changes due to the sale or expiry of the instrument -547 -1 611 -9 085 18 -11 225 Transfer to Stage 1 5 583 -5 071 -512 0 0 Transfer to Stage 2 -1 161 4 344 -3 183 0 0 Transfer to Stage 3 -280 -2 784 3 064 0 0 Change in the estimate of expected credit losses* -5 030 5 719 13 138 349 14 176 Net expected credit losses in the income statement -245 597 3 422 2 381 6 155 Assets written off the balance sheet 0 0 -4 862 -305 -5 167 Fair value evaluation at the moment of initial recognition 0 0 0 -1 993 -1 993 Other changes, including exchange differences 36 127 3 424 -251 3 336 As at 30.06.2026 11 298 63 378 72 732 -425 146 983 Carrying amount as at 30.06.2026 23 548 863 1 321 575 143 196 5 247 25 018 881 Loans and advances to customers Stage 1 Stage 2 Stage 3 POCI Total Retail segment Mortgage loans Gross carrying amount As at 01.01.2025 19 293 245 986 039 255 591 3 689 20 538 564 New / purchased / granted financial assets 1 922 122 0 0 0 1 922 122 Changes due to the sale or expiry of the instrument -491 213 -30 266 -41 452 -1 518 -564 449 Transfer to Stage 1 133 870 -129 606 -4 264 0 0 Transfer to Stage 2 -232 277 242 670 -10 393 0 0 Transfer to Stage 3 -22 108 -33 032 55 140 0 0 Valuation changes including partial repayments -193 967 -20 597 -2 050 -142 -216 756 Assets written off the balance sheet 0 0 -20 853 -59 -20 912 Other changes, including exchange differences -36 497 -1 454 -413 -11 -38 375 As at 30.06.2025 20 373 175 1 013 754 231 306 1 959 21 620 194 Expected credit losses As at 01.01.2025 20 399 45 113 111 019 92 176 623 New / purchased / granted financial assets 1 062 0 0 0 1 062 Changes due to the sale or expiry of the instrument -813 -1 590 -30 260 -1 691 -34 354 Transfer to Stage 1 6 413 -5 363 -1 050 0 0 Transfer to Stage 2 -2 307 5 572 -3 265 0 0 Transfer to Stage 3 -655 -3 259 3 914 0 0 Change in the estimate of expected credit losses* -5 442 21 098 39 645 1 334 56 635 Net expected credit losses in the income statement -1 742 16 458 8 984 -357 23 343 Assets written off the balance sheet 0 0 -20 853 -59 -20 912 Other changes, including exchange differences -41 -85 -8 689 57 -8 758 As at 30.06.2025 18 616 61 486 90 461 -267 170 296 Carrying amount as at 30.06.2025 20 354 559 952 268 140 845 2 226 21 449 898
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 35 Loans and advances to customers Stage 1 Stage 2 Stage 3 POCI Total Corporate segment Finance lease receivables Gross carrying amount As at 01.01.2026 5 381 750 591 291 319 774 0 6 292 815 New / purchased / granted financial assets 1 628 847 0 0 0 1 628 847 Changes due to the sale or expiry of the instrument -137 604 -14 133 -32 565 0 -184 302 Transfer to Stage 1 90 891 -87 405 -3 486 0 0 Transfer to Stage 2 -321 747 336 115 -14 368 0 0 Transfer to Stage 3 -50 568 -69 625 120 193 0 0 Valuation changes including partial repayments -776 049 -65 879 -27 922 0 -869 850 Assets written off the balance sheet 0 0 -1 359 0 -1 359 Other changes, including exchange differences -27 940 -58 630 -29 437 0 -116 007 As at 30.06.2026 5 787 580 631 734 330 830 0 6 750 144 Expected credit losses As at 01.01.2026 27 798 31 591 125 392 0 184 781 New / purchased / granted financial assets 16 121 0 0 0 16 121 Changes due to the sale or expiry of the instrument -828 -328 -6 962 0 -8 118 Transfer to Stage 1 1 461 -1 375 -86 0 0 Transfer to Stage 2 -5 797 6 413 -616 0 0 Transfer to Stage 3 -1 894 -6 364 8 258 0 0 Change in the estimate of expected credit losses* -2 443 -1 757 25 804 0 21 604 Net expected credit losses in the income statement 6 620 -3 411 26 398 0 29 607 Assets written off the balance sheet 0 0 -1 359 0 -1 359 Other changes, including exchange differences 90 94 -18 291 0 -18 107 As at 30.06.2026 34 508 28 274 132 140 0 194 922 Carrying amount as at 30.06.2026 5 753 072 603 460 198 690 0 6 555 222 Loans and advances to customers Stage 1 Stage 2 Stage 3 POCI Total Corporate segment Finance lease receivables Gross carrying amount As at 01.01.2025 5 016 586 481 977 335 112 0 5 833 675 New / purchased / granted financial assets 1 308 931 0 0 0 1 308 931 Changes due to the sale or expiry of the instrument -219 613 -22 063 -22 485 0 -264 161 Transfer to Stage 1 97 413 -90 254 -7 159 0 0 Transfer to Stage 2 -301 679 317 824 -16 145 0 0 Transfer to Stage 3 -56 945 -74 907 131 852 0 0 Valuation changes including partial repayments -679 570 -40 774 -41 180 0 -761 524 Assets written off the balance sheet 0 0 -32 221 0 -32 221 Other changes, including exchange differences -2 398 -58 169 -23 717 0 -84 284 As at 30.06.2025 5 162 725 513 634 324 057 0 6 000 416 Expected credit losses As at 01.01.2025 25 920 26 552 131 745 0 184 217 New / purchased / granted financial assets 13 185 0 0 0 13 185 Changes due to the sale or expiry of the instrument -1 165 -471 -4 169 0 -5 805 Transfer to Stage 1 548 -514 -34 0 0 Transfer to Stage 2 -3 292 4 311 -1 019 0 0
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 36 Loans and advances to customers Stage 1 Stage 2 Stage 3 POCI Total Transfer to Stage 3 -1 300 -6 211 7 511 0 0 Change in the estimate of expected credit losses* -3 846 2 079 26 759 0 24 992 Net expected credit losses in the income statement 4 130 -806 29 048 0 32 372 Assets written off the balance sheet 0 0 -32 221 0 -32 221 Other changes, including exchange differences -16 -38 -5 560 0 -5 614 As at 30.06.2025 30 034 25 708 123 012 0 178 754 Carrying amount as at 30.06.2025 5 132 691 487 926 201 045 0 5 821 662 Loans and advances to customers Stage 1 Stage 2 Stage 3 POCI Total Corporate segment Other loans and advances Gross carrying amount As at 01.01.2026 11 269 975 4 264 927 2 298 062 257 764 18 090 728 New / purchased / granted financial assets 3 708 751 0 0 98 936 3 807 687 Changes due to the sale or expiry of the instrument -1 507 512 -352 711 -215 631 -8 716 -2 084 570 Transfer to Stage 1 406 553 -399 990 -6 563 0 0 Transfer to Stage 2 -1 163 231 1 176 847 -13 616 0 0 Transfer to Stage 3 -203 080 -162 322 365 402 0 0 Valuation changes including partial repayments -19 900 -198 038 -89 822 -23 009 -330 769 Assets written off the balance sheet 0 0 -237 086 -159 -237 245 Other changes, including exchange differences 89 429 1 251 6 708 1 890 99 278 As at 30.06.2026 12 580 985 4 329 964 2 107 454 326 706 19 345 109 Expected credit losses As at 01.01.2026 70 083 199 267 1 177 029 19 941 1 466 320 New / purchased / granted financial assets 39 215 0 0 35 571 74 786 Changes due to the sale or expiry of the instrument -5 607 -29 062 -87 815 -1 531 -124 015 Transfer to Stage 1 11 547 -10 288 -1 259 0 0 Transfer to Stage 2 -24 855 27 566 -2 711 0 0 Transfer to Stage 3 -10 194 -20 201 30 395 0 0 Change in the estimate of expected credit losses* -10 577 55 920 208 910 17 892 272 145 Net expected credit losses in the income statement -471 23 935 147 520 51 932 222 916 Assets written off the balance sheet 0 0 -237 086 -159 -237 245 Fair value evaluation at the moment of initial recognition 0 0 0 -35 863 -35 863 Other changes, including exchange differences 174 485 60 867 -5 093 56 433 As at 30.06.2026 69 786 223 687 1 148 330 30 758 1 472 561 Carrying amount as at 30.06.2026 12 511 199 4 106 277 959 124 295 948 17 872 548 Loans and advances to customers Stage 1 Stage 2 Stage 3 POCI Total Corporate segment Other loans and advances Gross carrying amount As at 01.01.2025 11 492 661 4 516 731 2 761 961 242 879 19 014 232 New / purchased / granted financial assets 2 668 631 0 0 19 818 2 688 449 Changes due to the sale or expiry of the instrument -1 827 545 -348 022 -188 334 -1 082 -2 364 983 Transfer to Stage 1 424 121 -418 549 -5 572 0 0 Transfer to Stage 2 -1 181 790 1 230 406 -48 616 0 0
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 37 Loans and advances to customers Stage 1 Stage 2 Stage 3 POCI Total Transfer to Stage 3 -121 156 -190 265 311 421 0 0 Valuation changes including partial repayments 34 751 -273 045 -124 905 -14 446 -377 645 Assets written off the balance sheet 0 0 -204 494 -11 074 -215 568 Other changes, including exchange differences -18 626 -16 017 -3 531 -910 -39 084 As at 30.06.2025 11 471 047 4 501 239 2 497 930 235 185 18 705 401 Expected credit losses As at 01.01.2025 84 685 237 044 1 378 002 34 420 1 734 151 New / purchased / granted financial assets 40 755 0 0 33 437 74 192 Changes due to the sale or expiry of the instrument -11 498 -16 072 -144 238 -1 645 -173 453 Transfer to Stage 1 11 001 -10 166 -835 0 0 Transfer to Stage 2 -20 207 27 753 -7 546 0 0 Transfer to Stage 3 -16 375 -20 681 37 056 0 0 Change in the estimate of expected credit losses* -13 318 29 979 190 522 10 787 217 970 Net expected credit losses in the income statement -9 642 10 813 74 959 42 579 118 709 Assets written off the balance sheet 0 0 -204 494 -11 074 -215 568 Fair value evaluation at the moment of initial recognition 0 0 0 -32 671 -32 671 Other changes, including exchange differences -131 -749 63 951 -5 522 57 549 As at 30.06.2025 74 912 247 108 1 312 418 27 732 1 662 170 Carrying amount as at 30.06.2025 11 396 135 4 254 131 1 185 512 207 453 17 043 231 *The change in the estimate of expected losses includes changes in the level of credit risk 20 Assets pledged as colleteral 20.1 Financial data 30.06.2026 31.12.2025 Treasury bonds blocked for repo transactions 509 701 0 Total 509 701 0 Apart from assets that secure liabilities that are disclosed separately in the statement of financial position, the Bank additionally held the following collateral for the liabilities that did not meet the criterion of separate presentation in accordance with IFRS 9: presentation in the statement of financial position 30.06.2026 31.12.2025 Treasury bonds blocked with BFG Investment financial assets and derivatives 269 515 266 829 Deposits as derivative transactions (ISDA) collateral Amounts due from bank 839 226 753 864 Deposit as collateral of transactions performed in Alior Trader Loans and advances to customers 7 0 Total 1 108 748 1 020 693 21 Other assets 30.06.2026 31.12.2025 Sundry debtors 656 659 651 519 Other settlements 347 968 291 480 Receivables related to sales of services (including insurance) 29 857 26 790
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 38 30.06.2026 31.12.2025 Guarantee deposits 24 820 25 144 Settlements due to cash in ATMs 254 014 308 105 Costs recognised over time 118 503 105 410 Maintenance and support of systems, servicing of plant and equipment 90 072 73 282 Other deferred costs 28 431 32 128 VAT settlements 70 355 69 095 Other assets (gross) 845 517 826 024 Allowance -46 750 -41 614 Other assets (carrying amount) 798 767 784 410 including financial assets (gross) 656 659 651 519 Change in allowances on other financial assets 30.06.2026 30.06.2025 Value at the beginning of the period 41 614 52 662 allowances recorded 6 055 2 391 allowances released -375 -1 169 assets written off from the balance sheet -704 -3 121 other changes 160 -333 Value at the end of the period 46 750 50 430 22 Amounts due to banks 30.06.2026 31.12.2025 Term deposits 250 442 0 Other liabilities* 653 157 589 204 REPO 510 005 0 Total 1 413 604 589 204 *In this item, the deposits received as at 30.06.2026 amounted to PLN ….million, and at the end of 2025 – PLN 583 million. 23 Amounts due to customers 30.06.2026 31.12.2025 Retail segment 64 283 682 59 112 643 Current deposits 47 372 448 43 137 688 Term deposits 16 615 506 15 678 809 Other liabilities 295 728 296 146 Corporate segment 22 594 640 23 507 942 Current deposits 14 920 797 15 636 326 Term deposits 7 399 488 7 535 674 Other liabilities 274 355 335 942 Total 86 878 322 82 620 585
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 39 24 Provisions Provisions for legal claims Provisions for retirement benefits Provisions for off- balance sheet liabilities granted Provision for reimbursement of credit costs Total provisions As at 01.01.2026 314 203 14 015 36 120 39 629 403 967 Established provisions 86 657 14 154 70 956 0 171 767 Reversal of provisions -34 751 0 -73 586 -6 938 -115 275 Utilized provisions -17 323 -14 333 0 -4 397 -36 053 Other changes 536 0 361 0 897 As at 30.06.2026 349 322 13 836 33 851 28 294 425 303 Provisions for legal claims Provisions for retirement benefits Provisions for off- balance sheet liabilities granted Provision for reimbursement of credit costs Total provisions As at 01.01.2025 216 126 9 510 42 419 53 739 321 794 Established provisions 58 343 12 404 53 150 1 017 124 914 Reversal of provisions -6 000 -245 -51 423 -96 -57 764 Utilized provisions -14 960 -10 259 0 -8 784 -34 003 Other changes -4 0 -87 0 -91 As at 30.06.2025 253 505 11 410 44 059 45 876 354 850 25 Other liabilities 30.06.2026 31.12.2025 Interbank settlements 523 626 505 686 Settlements of payment cards 262 266 Liability for reimbursement of credit costs 51 281 45 257 Liabilities due to lease agreements 311 259 322 737 Taxes, customs duty, social and health insurance payables and other public settlements 77 813 82 086 Settlements with brokerage house clients 182 566 75 185 Liabilities due to contributions to the Bank Guarantee Fund 323 287 236 491 Accrued expenses 197 733 233 118 Income received in advance 44 092 49 455 Provision for bancassurance resignations 27 178 30 636 Provision for bonuses 101 534 153 287 Provision for unutilised annual leaves 46 155 31 680 Provision for bonuses settled in phantom shares 22 702 21 268 Other employee provisions 11 719 11 642 Settlements with BGK 41 307 37 270 Provision for potential penalties arising from administrative proceedings 60 873 17 473 Settlements with contractors and suppliers 79 558 92 070 Other liabilities 118 074 94 097 Total 2 221 019 2 039 704
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 40 26 Financial liabilities held for trading 30.06.2026 31.12.2025 Short sale of T-bonds 20 139 59 222 Interest rate transactions 167 821 191 538 SWAP 166 832 190 160 Cap Floor Options 871 485 FRA 118 893 Foreign exchange transactions 59 609 46 327 FX Swap 29 338 21 290 FX forward 16 731 8 908 CIRS 4 632 6 104 FX options 8 908 10 025 Other options 615 146 Precious metals and commodities transactions 66 489 29 891 Total 314 673 327 124 27 Debt securities issued 30.06.2026 31.12.2025 Bonds issued liabilities 2 616 806 2 268 934 Bank structured securities issued liabilities(“BPP”) 77 243 52 936 Total 2 694 049 2 321 870 Nominal value in the currency 30.06.2026 Nominal value in the currency 31.12.2025 Currency Term Interest Status of liabilities 30.06.2026 31.12.2025 Series N Bonds 0 450 000 PLN 20.12.2023- 15.06.2027 WIBOR6M +2.81 0 451 415 Series O Bonds 550 000 550 000 PLN 27.06.2024- 09.06.2028 WIBOR6M +1,99 551 966 552 066 Series P Bonds 400 000 400 000 PLN 14.11.2024- 14.04.2028 WIBOR6M +2,07 405 086 405 653 Series R Bonds 400 000 400 000 PLN 17.06.2025- 17.04.2029 WIBOR6M +1,95 404 792 405 280 Series S Bonds 450 000 450 000 PLN 30.10.2025- 19.10.2029 WIBOR6M +1,50 454 842 454 520 Series T Bonds 800 000 0 PLN 30.06.2026- 14.06.2030 WIBOR6M +1.60 800 120 0 BPP 76 436 52 620 PLN 03.2025-05.2028 The amount of the benefit is calculated by the BPP Issuer according to the formula described in the final terms of a given series. The payment and amount of the benefit depend on the conditions of the valuation of the underlying instrument, such as a stock exchange index, valuation of company shares. 77 243 52 936
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 41 Nominal value in the currency 30.06.2026 Nominal value in the currency 31.12.2025 Currency Term Interest Status of liabilities 30.06.2026 31.12.2025 Total 2 694 049 2 321 870 Issues and early redemptions in the reporting periods 01.01.2026-30.06.2026 Currency Issues - original currency Issues - in PLN Redemptions - original currency Redemptions – in PLN Series N Bonds PLN 0 0 450 000 450 000 Series T Bonds PLN 800 000 800 000 0 0 BPP PLN 23 826 23 826 10 10 Total 823 826 450 010 On 26 May 2026, the Bank's Management Board adopted a resolution on the early redemption of series N bonds issued on 20 December 2023, with a final redemption date of 15 June 2027. The early redemption took place, i.e. on 15 June 2026. 01.01.2025-30.06.2025 Currency Issues - original currency Issues - in PLN Redemptions - original currency Redemptions – in PLN Series M Bonds PLN 0 0 400 000 400 000 Series R Bonds PLN 400 000 400 000 0 0 BPP PLN 34 882 34 882 0 0 BPW PLN 0 0 140 140 BPW USD 0 0 55 228 Total 434 882 400 368 Other additional information 28 Off-balance sheet items 30.06.2026 31.12.2025 Granted off-balance liabilities 13 843 703 14 509 631 Concerning financing 12 972 501 13 659 580 Guarantees 871 202 850 051 Performance guarantees 295 247 280 740 Financial guarantees 575 955 569 311 30.06.2026 31.12.2025 Off-balance sheet liabilities by entity 13 843 703 14 509 631 Concerning financing 12 972 501 13 659 580 customers 12 709 024 13 473 312 public entities 263 477 186 268 Guarantees 871 202 850 051 banks 255 11 272 customers 870 947 838 779
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 42 30.06.2026 Nominal amount Provision Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 Concerning financing 11 151 728 1 643 955 176 818 16 030 15 490 61 Guarantees 778 502 85 555 7 145 251 116 1 903 Total 11 930 230 1 729 510 183 963 16 281 15 606 1 964 31.12.2025 Nominal amount Provision Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 Concerning financing 11 627 517 1 971 330 60 733 19 246 16 112 0 Guarantees 703 209 139 192 7 650 166 123 473 Total 12 330 726 2 110 522 68 383 19 412 16 235 473 Reconciliations between the opening balance and the closing balance of off -balance sheet liabilities granted to customers and arrangements regarding the value of provisions created in this respect are presented below. Change in off-balance sheet liabilities concerning financing (nominal value) Stage 1 Stage 2 Stage 3 Total As at 01.01.2026 11 627 517 1 971 330 60 733 13 659 580 New / purchased / granted financial assets 2 814 281 0 0 2 814 281 Changes due to the sale or expiry of the instrument -2 030 020 -220 040 -12 704 -2 262 764 Transfer to Stage 1 356 158 -355 847 -311 0 Transfer to Stage 2 -405 114 406 491 -1 377 0 Transfer to Stage 3 -118 706 -10 957 129 663 0 Changing commitment -1 113 144 -147 632 -689 -1 261 465 Other changes, including exchange rate differences 20 756 610 1 503 22 869 As at 30.06.2026 11 151 728 1 643 955 176 818 12 972 501 Change in off-balance sheet liabilities guarantees (nominal value) Stage 1 Stage 2 Stage 3 Total As at 01.01.2026 703 209 139 192 7 650 850 051 New / purchased / granted financial assets 189 254 0 0 189 254 Changes due to the sale or expiry of the instrument -115 151 -37 351 -6 205 -158 707 Transfer to Stage 1 51 294 -51 294 0 0 Transfer to Stage 2 -8 927 8 927 0 0 Transfer to Stage 3 -3 744 -1 953 5 697 0 Changing commitment -38 103 27 781 -61 -10 383 Other changes, including exchange rate differences 670 253 64 987 As at 30.06.2026 778 502 85 555 7 145 871 202 Change in off-balance sheet liabilities concerning financing (nominal value) Stage 1 Stage 2 Stage 3 Total As at 01.01.2025 10 306 661 1 319 895 57 150 11 683 706 New / purchased / granted financial assets 3 587 679 0 0 3 587 679 Changes due to the sale or expiry of the instrument -1 345 023 -164 069 -24 699 -1 533 791 Transfer to Stage 1 135 194 -135 070 -124 0 Transfer to Stage 2 -559 071 559 418 -347 0 Transfer to Stage 3 -4 401 -4 111 8 512 0
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 43 Change in off-balance sheet liabilities concerning financing (nominal value) Stage 1 Stage 2 Stage 3 Total Changing commitment -806 085 -67 493 -141 -873 719 Other changes, including exchange rate differences -3 612 -492 -2 185 -6 289 As at 30.06.2025 11 311 342 1 508 078 38 166 12 857 586 Change in off-balance sheet liabilities guarantees (nominal value) Stage 1 Stage 2 Stage 3 Total As at 01.01.2025 744 767 196 046 16 476 957 289 New / purchased / granted financial assets 192 948 0 0 192 948 Changes due to the sale or expiry of the instrument -194 170 -18 542 -3 604 -216 316 Transfer to Stage 1 20 283 -20 283 0 0 Transfer to Stage 2 -64 014 64 014 0 0 Transfer to Stage 3 0 -2 945 2 945 0 Changing commitment -23 688 -2 523 -254 -26 465 Other changes, including exchange rate differences -241 -201 -48 -490 As at 30.06.2025 675 885 215 566 15 515 906 966 Change in the provision for off-balance sheet liabilities concerning financing Stage 1 Stage 2 Stage 3 Total As at 01.01.2026 19 246 16 112 0 35 358 New / purchased / granted financial assets 10 627 0 0 10 627 Changes due to the sale or expiry of the instrument -2 910 -2 422 0 -5 332 Transfer to Stage 1 4 391 -4 391 0 0 Transfer to Stage 2 -5 973 5 973 0 0 Transfer to Stage 3 -1 578 -276 1 854 0 Change in the estimate of the provision for off-balance sheet liabilities -7 822 187 -1 793 -9 428 Other changes, including exchange rate differences 49 307 0 356 As at 30.06.2026 16 030 15 490 61 31 581 Change in the provision for off-balance sheet liabilities guarantees Stage 1 Stage 2 Stage 3 Total As at 01.01.2026 166 123 473 762 New / purchased / granted financial assets 206 0 0 206 Changes due to the sale or expiry of the instrument -32 -15 -636 -683 Transfer to Stage 1 49 -49 0 0 Transfer to Stage 2 -19 19 0 0 Transfer to Stage 3 -27 -1 28 0 Change in the estimate of the provision for off-balance sheet liabilities -93 39 2 034 1 980 Other changes, including exchange rate differences 1 0 4 5 As at 30.06.2026 251 116 1 903 2 270 Change in the provision for off-balance sheet liabilities concerning financing Stage 1 Stage 2 Stage 3 Total As at 01.01.2025 18 324 14 196 0 32 520 New / purchased / granted financial assets 15 423 0 0 15 423 Changes due to the sale or expiry of the instrument -7 175 -4 459 67 -11 567 Transfer to Stage 1 2 207 -2 207 0 0 Transfer to Stage 2 -6 617 6 619 -2 0
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 44 Change in the provision for off-balance sheet liabilities concerning financing Stage 1 Stage 2 Stage 3 Total Transfer to Stage 3 -165 -105 270 0 Change in the estimate of the provision for off-balance sheet liabilities -6 282 7 553 -278 993 Other changes, including exchange rate differences 1 273 -1 301 -38 -66 As at 30.06.2025 16 988 20 296 19 37 303 Change in the provision for off-balance sheet liabilities guarantees Stage 1 Stage 2 Stage 3 Total As at 01.01.2025 150 462 9 287 9 899 New / purchased / granted financial assets 187 0 0 187 Changes due to the sale or expiry of the instrument -39 -54 -2 500 -2 593 Transfer to Stage 1 36 -36 0 0 Transfer to Stage 2 -145 145 0 0 Transfer to Stage 3 0 -157 157 0 Change in the estimate of the provision for off-balance sheet liabilities 16 58 -791 -717 Other changes, including exchange rate differences 1 154 -175 -20 As at 30.06.2025 206 572 5 978 6 756 29 Fair value 29.1 Accounting principles and estimates and assumptions The fair value is a price receivable in the sale of an asset or payable for transfer of a liability in an arm’s length transaction in the principal (or most advantageous) market as at the measurement date subject to prevailing market conditions (exit price ), irrespective of the fact if such price is directly observable or estimated with another measurement technique. Depending on the classification category of financial assets and liabilities to a specific hierarchy level , various methods to measure fair value are applied. Level 1: On the basis of prices quoted in the principal (or most advantageous) market Financial assets and liabilities with fair value measured directly on the basis of quoted prices (not adjusted) from active markets for identical assets or liabilities. This category includes financial and equity instruments measured at fair value through profit and loss for which there is an active market and for which the fair value is determined on the basis of market value being the purchase price: • debt securities listed on active, liquid financial markets, • debt and equity securities traded in a regulated market, including in the portfolio of the Brokerage House, • derivative instruments that are traded in a regulated market. Level 2: On the basis of measurement techniques based on assumptions using information coming from the principal (or most advantageous) market; Financial assets and liabilities whose fair value is measured with measurement models where all material input data is observable in the market directly (as prices) or indirectly (relying on prices). In that category the Group classifies financial instruments for which no active market exists:
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 45 Measurement method (techniques) Material observable input data DERIVATIVE FINANCIAL INSTRUMENTS – CIRS. IRS. FRA. FX. FORWARD. FX SWAP TRANSACTIONS The model of discounted future cash flows based on profitability curves. Profitability curves are built on the basis of market rates . market data of the money market. FRA, IRS, OIS basis swap transaction market. FX instruments are measured using NBP’s fixing rates and market rates of swap points. FX OPTIONS. INTEREST RATE OPTIONS FX options and interest rate options are measured with the use of specific valuation models characteristic for a specific option. For option instruments additionally market quotations are used for market variability quotations of currency pairs and interest rates. MONEY BILLS,TREASURY BILLS, CURRENT ACCOUNTS AND DEPOSITS IN NBP, CURRENT ACCOUNTS IN OTHER BANKS Profitability curve method Profitability curves are developed on the basis of money market data. COMMODITY FORWARD/SWAP Commodity instruments are measured on the basis of future cash flows calculated on the basis of term curves characteristic for specific commodities. Term curves are built on the basis of quoted commodity futures contracts. Level 3: For which minimum one factor affecting the price is not observable in the market . Financial assets and liabilities with the fair value measured with the measurement models where input data is not based on observable market data (non-observable input data). Such instruments include options embedded in certificates of deposit issued by the Group and options in the interbank market to hedge positions of the embedded options. The fair value is determined on the basis of market prices of those options or an internal model subject to both observable parameters (e.g. price of the base instrument , secondary quotations of options) and non -observable (e.g. variability , correlations between base instruments in options based on a basket). Model parameters are determined on the basis of a statistical analysis. At the end of the reporting period , the position in the above - mentioned instruments was closed on back -to-back basis, which means that the change in valuation of options embedded in structured instruments is offset by changes in the valuation of options concluded on the interbank market. Instruments of this level also include unlisted shares held by the Group . Measurement method (techniques) Material observable input data Factor unobservable Range of unobservable factors Impact on valuation EXOTIC OPTIONS The prices of exotic options embedded in structured products are determined on the basis of market prices or measured with the internal model subject to both observable parameters (e.g. price of the base instrument, secondary quotations of options) and non-observable (e.g. variability, correlations between base instruments). The prices of exotic options embedded in structured products are acquired from the market. Volatility of prices of underlying instruments, correlations of prices of underlying instruments Back-to-back closed options, changes in unobservable factors without affecting the total portfolio valuation none SHARES VISA INC C SERIES The current market value of listed ordinary shares of Visa Inc. subject to the conversion ratio and discount, considering Market value of the listed ordinary shares of Visa Inc. Discount due to the illiquid nature of the securities, common stock conversion factor Discount +/-19% ; conversion rate <- 0.05;0> +23.5%/-28.8%
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 46 Measurement method (techniques) Material observable input data Factor unobservable Range of unobservable factors Impact on valuation changing prices of the shares of Visa Inc. SHARES PSP SA Fair value estimation is based on the current value of the company's forecast results Risk - free rate Risk premium, financial performance forecast Risk premium +/- 25bps. ; Financial forecasts +/- 10% +9.3%/-9.3% SHARES Usługi Logistyczne SA w likwidacji Estimating the fair value based on the present value of the company's forecast results Risk-free rate Risk premium, financial performance forecast Risk premium +/- 25bps. ; Financial forecasts +/- 10% none Transfers of instruments between measurement levels are made as at the end of the reporting period. Transfers are made subject to conditions set forth in the international financial reporting standards for instance, quotation availability of instruments from an active market , availability of quotations of pricing factors, or impact of non-observable data on the fair value. 29.2 Financial data Below there are carrying values of financial assets and liabilities split into measurement categories (levels). Compared to the previous reporting period, the classification and measurement principles for individual levels of the fair value hierarchy have not changed. 30.06.2026 Level 1 Level 2 Level 3 Total Securities and derivatives 22 017 276 927 365 224 267 23 168 908 Securities measured at fair value through profit and loss 80 195 307 795 19 994 407 984 SWAP 0 145 784 0 145 784 Cap Floor Options 0 870 0 870 FRA 0 616 0 616 FX Swap 0 61 311 0 61 311 FX forward 0 24 908 0 24 908 CIRS 0 1 232 0 1 232 FX options 0 8 264 29 8 293 Other options 0 0 615 615 Precious metals and commodities transactions 44 64 810 0 64 854 Financial derivatives 44 307 795 644 308 483 Treasury bonds 80 151 0 0 80 151 Other bonds 0 0 4 4 Equity instruments 0 0 19 346 19 346 Securities 80 151 0 19 350 99 501 Securities measured at fair value through other comprehensive income 21 937 081 0 204 273 22 141 354 Treasury bonds 19 232 603 0 0 19 232 603 Treasury bills 1 455 197 0 0 1 455 197 Other bonds 1 249 281 0 0 1 249 281 Equity instruments 0 0 204 273 204 273 Assets pledge as collateral 509 701 0 0 509 701 Derivative hedging instruments 0 619 570 0 619 570 Interest rate transactions 0 619 570 0 619 570
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 47 31.12.2025 Level 1 Level 2 Level 3 Total Securities and derivatives 21 346 191 2 006 854 220 136 23 573 181 Securities measured at fair value through profit and loss 103 369 247 876 19 392 370 637 SWAP 0 155 724 0 155 724 Cap Floor Options 0 485 0 485 FRA 0 577 0 577 Forward 15 0 0 15 FX Swap 0 16 386 0 16 386 FX forward 0 34 285 0 34 285 CIRS 0 1 058 0 1 058 FX options 0 7 615 24 7 639 Other options 0 0 146 146 Precious metals and commodities transactions 30 31 746 0 31 776 Financial derivatives 45 247 876 170 248 091 Treasury bonds 103 324 0 0 103 324 Other bonds 0 0 4 4 Equity instruments 0 0 19 218 19 218 Securities 103 324 0 19 222 122 546 Securities measured at fair value through other comprehensive income 21 242 822 1 099 389 200 744 22 542 955 Money bills 0 1 099 389 0 1 099 389 Treasury bonds 19 046 261 0 0 19 046 261 Treasury bills 945 076 0 0 945 076 Other bonds 1 251 485 0 0 1 251 485 Equity instruments 0 0 200 744 200 744 Derivative hedging instruments 0 659 589 0 659 589 Interest rate transactions 0 659 589 0 659 589 30.06.2026 Level 1 Level 2 Level 3 Total Financial liabilities held for trading 20 169 293 852 652 314 673 Bonds 20 139 0 0 20 139 SWAP 0 166 832 0 166 832 Cap Floor Options 0 871 0 871 FRA 0 118 0 118 FX Swap 0 29 338 0 29 338 FX forward 0 16 731 0 16 731 CIRS 0 4 632 0 4 632 FX options 0 8 871 37 8 908 Other options 0 0 615 615 Precious metals and commodities transactions 30 66 459 0 66 489 Derivative hedging instruments 0 25 415 0 25 415 Interest rate transactions 0 25 415 0 25 415 31.12.2025 Level 1 Level 2 Level 3 Total Financial liabilities held for trading 59 239 267 564 321 327 124 Bonds 59 222 0 0 59 222 SWAP 0 190 160 0 190 160 Cap Floor Options 0 485 0 485
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 48 31.12.2025 Level 1 Level 2 Level 3 Total FRA 0 893 0 893 FX Swap 0 21 290 0 21 290 FX forward 0 8 908 0 8 908 CIRS 0 6 104 0 6 104 FX options 0 9 850 175 10 025 Other options 0 0 146 146 Precious metals and commodities transactions 17 29 874 0 29 891 Derivative hedging instruments 0 69 034 0 69 034 Interest rate transactions 0 69 034 0 69 034 Reconciliation of changes at level 3 of fair value hierarchy Changes in financial assets and liabilities Assets Liabilities Equity instruments Debt instruments Derivatives Derivatives As at 01.01.2026 219 962 4 170 321 Acquisitions/Reclassification of assets 0 0 217 225 Net changes recognized in other comprehensive income 3 518 0 0 0 Net changes recognized in profit and loss -84 0 281 281 Exchange rate differences 226 0 0 0 Settlement / redemption -3 0 -24 -175 As at 30.06.2026 223 619 4 644 652 Changes in financial assets and liabilities Assets Liabilities Equity instruments Debt instruments Derivatives Derivatives As at 01.01.2025 166 091 4 26 119 Acquisitions/Reclassification of assets 0 0 58 159 Net changes recognized in other comprehensive income 35 682 0 0 0 Net changes recognized in profit and loss 1 932 0 0 0 Exchange rate differences -1 583 0 0 0 Settlement / redemption -9 0 -26 -119 As at 30.06.2025 202 113 4 58 159 In first half of 2026, the Group did not reclassify securities and derivatives between levels of the fair value hierarchy. Below is presented the carrying value and fair value of assets and liabilities that are not disclosed in the statement of financial position at fair value. 30.06.2026 Carrying value Fair value Level 1 Level 2 Level 3 Total Assets Cash and cash equivalents 3 895 877 433 164 3 462 713 0 3 895 877 Amount due from banks 2 200 125 0 2 200 125 0 2 200 125 Loans and advances to customers 68 615 014 0 0 71 279 239 71 279 239 Retail segment 44 187 244 0 0 46 693 272 46 693 272 Consumer loans 19 168 363 0 0 19 472 206 19 472 206 Mortgage loans 25 018 881 0 0 27 221 066 27 221 066 Corporate segment 24 427 770 0 0 24 585 967 24 585 967
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 49 30.06.2026 Carrying value Fair value Level 1 Level 2 Level 3 Total Finance lease receivables 6 555 222 0 0 6 636 245 6 636 245 Other loans and advances 17 872 548 0 0 17 949 722 17 949 722 Securities measured at amortized cost 5 402 931 5 419 128 0 62 5 419 190 Liabilities Amounts due to banks 1 413 604 0 1 413 604 0 1 413 604 Amounts due to customers 86 878 322 0 0 86 744 805 86 744 805 Debt securities issued 2 694 049 0 0 2 693 284 2 693 284 31.12.2025 Carrying value Fair value Level 1 Level 2 Level 3 Total Assets Cash and cash equivalents 4 062 914 430 738 3 632 176 0 4 062 914 Amount due from banks 2 203 109 0 2 203 109 0 2 203 109 Loans and advances to customers 65 451 458 0 0 67 472 605 67 472 605 Retail segment 42 719 018 0 0 44 276 349 44 276 349 Consumer loans 19 859 480 0 0 19 856 657 19 856 657 Mortgage loans 22 859 538 0 0 24 419 692 24 419 692 Corporate segment 22 732 440 0 0 23 196 256 23 196 256 Finance lease receivables 6 108 034 0 0 6 143 585 6 143 585 Other loans and advances 16 624 406 0 0 17 052 671 17 052 671 Securities measured at amortized cost 3 595 736 3 633 979 0 61 3 634 040 Liabilities Amounts due to banks 589 204 0 589 204 0 589 204 Amounts due to customers 82 620 585 0 0 82 418 467 82 418 467 Debt securities issued 2 321 870 0 0 2 321 640 2 321 640 For many instruments market values are not available, therefore the fair value is estimated with a number of measurement techniques. Measurement of the fair value of financial instruments has been made with a model based on estimates of the present value of future cash flows by discounting cash flows at appropriate discount rates. All model calculations contain certain simplifications and are sensitive to the underlying assumptions. Below there is a summary of core methods and assumptions used to estimate the fair value of financial instruments that are not measured at fair value. Loans and advances to customers: In the method applied by the Group to calculate the fair value of receivables from customers (without overdraft facilities), the Group compares the margins generated on newly granted loans (in the quarter preceding the reporting date) with the margin on the total loan portfolio. If the margins on newly granted loans are higher than the margins on the portfolio, the fair value of the loan is lower than it’s carrying value. In the opposite situation, i.e. if the margins on newly granted loans are lower than the margins on the existing portfolio, the fair value of the loans is higher than their carrying value. In the case of receivables from customers based on a fixed rate or a periodically fixed rate, in the method of calculating their fair value, in addition to the component based on margins, the Group also uses a component that takes into account changes in the level of market interest rates.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 50 Amounts due from customers were fully classified to level 3 of the fair value hierarchy due to the application of a measurement model with material non -observable input data or current margins generated on newly granted loans. Financial liabilities measured at amortised cost Deposits are accounted for in the fair value estimate using a contractual approach, with sight deposits and savings accounts being short-term deposits available on demand. Term deposits are accounted for at their contractual maturity date. Virtually all term deposits from individual customers mature in up to 6 months, while those from business customers mature in up to 1 year, with a predominant concentration of maturities up to 6 months. Deposits are accepted as part of the bank's ongoing operations on a daily basis, so their terms are similar to the current market conditions for identical transactions. The time to maturity of these items is short, so there is no significant difference between their carrying amount and their fair value. Furthermore, the Ban k assumed that the fair value of bank deposits and other financial liabilities with maturities of up to 1 year is also approximately equal to their carrying amount adjusted for the hedged present value of the expected interest margin. For disclosure purposes, the Group determines the fair value of financial liabilities with residual maturities (or repricing of the variable rate) in excess of 1 year. That group of liabilities includes the own issues and subordinated loans. Determining th e fair value of that group of liabilities, the Group determines the present value on anticipated payments on the basis of present percentage curves and the original spread of the issue. Other financial assets and liabilities For other financial instruments, the Group assumes that the carrying value is close to fair value. This assumption is based on the short nature of these assets and liabilities. 30 Transactions with related entities In accordance with IFRS 10 "Consolidated Financial Statements", the parent entity of Alior Bank SA is Powszechny Zakład Ubezpieczeń SA, of which the State Treasury is a 34.2% shareholder. Related entities include: PZU SA and entities related to it and enti ties related to members of the Bank's Management Board and Supervisory Board. Via PZU SA, the Bank is indirectly controlled by the State Treasury. The tables below present the type and values of transactions with related entities. Transactions between the Bank and its subsidiaries that are its related parties have been eliminated as a result of consolidation and are not disclosed in this note. Nature of transactions with related entities All transactions with related entities are performed in line with relevant regulations concerning banking products and at market rates. Parent company 30.06.2026 31.12.2025 Other assets 2 724 4 892 Total assets 2 724 4 892 Amounts due to customers 43 1 059 Other liabilities 2 133 1 806 Total liabilities 2 176 2 865
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 51 Subsidiaries of the parent company 30.06.2026 31.12.2025 Cash and cash equivalents 48 1 128 Loans and advances to customers 77 651 67 280 Other assets 946 905 Total assets 78 645 69 313 Amounts due to customers 8 116 10 736 Other liabilities 6 758 8 385 Total liabilities 14 874 19 121 Subsidiaries of the parent company 30.06.2026 31.12.2025 Off-balance liabilities granted to customers 13 471 15 632 Relating to financing 13 471 15 632 Joint control by persons related to the Group 30.06.2026 31.12.2025 Loans and advances to customers 1 985 1 534 Total assets 1 985 1 534 Amounts due to customers 59 304 Total liabilities 59 304 Parent company 01.04.2026- 30.06.2026 01.01.2026- 30.06.2026 01.04.2025- 30.06.2025 01.01.2025- 30.06.2025 Interest income 5 738 11 434 5 032 11 884 Interest expenses 0 -3 -28 -55 Fee and commission income 8 896 18 204 8 286 16 645 Fee and commission expense -1 033 -2 030 -4 139 -8 265 Other operating income 24 70 8 41 General administrative expenses -385 -1 841 -1 499 -3 382 Total 13 240 25 834 7 660 16 868 Subsidiaries of the parent company 01.04.2026- 30.06.2026 01.01.2026- 30.06.2026 01.04.2025- 30.06.2025 01.01.2025- 30.06.2025 Interest income 18 578 36 101 17 721 36 620 Income of a similar nature 44 77 76 157 Interest expenses -662 -2 192 -70 -214 Fee and commission income 7 777 17 342 7 869 14 259 Fee and commission expense -190 -408 -209 -358 The result on financial assets measured at fair value through profit or loss and FX result 2 60 205 488 Other operating income 0 1 0 0 General administrative expenses -6 231 -13 070 -6 571 -13 805 Net expected credit losses -256 -222 14 29 Total 19 062 37 689 19 035 37 176 Joint control by persons related to the Group 01.04.2026- 30.06.2026 01.01.2026- 30.06.2026 01.04.2025- 30.06.2025 01.01.2025- 30.06.2025 Interest income 26 48 0 0 Fee and commission income 3 5 2 3
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 52 Joint control by persons related to the Group 01.04.2026- 30.06.2026 01.01.2026- 30.06.2026 01.04.2025- 30.06.2025 01.01.2025- 30.06.2025 General administrative expenses 3 3 0 0 Net expected credit losses -20 -18 0 0 Total 12 38 2 3 Transactions with the State Treasury and related entities Below there are material transactions with the State Treasury and its related entities with the exception of IAS 24.25. The Group's transactions with the State Treasury mainly concern operations on treasury securities. The remaining transactions presented in the note below concern operations with selected ten entities with the highest exposure. Transactions with the State Treasury and related entities as at 30 June 2026 Name Loans and deposit/debt instruments Interest and commission income State Treasury 24 260 130 597 671 Customer 1 206 122 5 462 Customer 2 133 892 4 170 Customer 3 79 404 2 189 Customer 4 68 823 2 951 Customer 5 56 227 0 Customer 6 54 648 1 533 Customer 7 50 381 1 179 Customer 8 37 123 1 272 Customer 9 20 881 3 392 Customer 10 15 557 1 953 Name Amounts due to customers Interest costs Customer 1 197 155 -3 871 Customer 2 129 054 -597 Customer 3 126 081 -908 Customer 4 113 148 -639 Customer 5 94 328 -494 Customer 6 86 355 -1 177 Customer 7 78 036 -774 Customer 8 71 864 -743 Customer 9 58 157 -772 Customer 10 45 052 -187 Name Off-balance sheet items Commission income Customer 1 824 890 900 Customer 2 200 000 0 Customer 3 178 359 0 Customer 4 100 000 20 Customer 5 85 000 0 Customer 6 60 000 0 Customer 7 50 000 0
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 53 Name Off-balance sheet items Commission income Customer 8 50 000 99 Customer 9 50 000 0 Customer 10 45 851 0 Transactions with the State Treasury and related entities as at 31 December 202 5 Name Loans and deposit/debt instruments Interest and commission income State Treasury 18 959 083 851 703 Customer 1 668 138 200 034 Customer 2 217 554 14 127 Customer 3 161 257 11 505 Customer 4 134 146 11 969 Customer 5 95 583 4 815 Customer 6 81 165 3 414 Customer 7 68 864 6 548 Customer 8 56 324 4 156 Customer 9 42 051 7 092 Customer 10 20 158 4 517 Name Amounts due to customers Interest costs Customer 1 136 514 -4 038 Customer 2 71 474 -2 712 Customer 3 64 888 -1 608 Customer 4 45 473 -1 164 Customer 5 41 152 -1 113 Customer 6 23 905 -377 Customer 7 23 847 -2 598 Customer 8 22 942 -164 Customer 9 21 864 -1 552 Customer 10 20 968 -138 Name Off-balance sheet items Commission income Customer 1 788 856 1 386 Customer 2 200 000 0 Customer 3 178 359 0 Customer 4 102 900 0 Customer 5 85 000 0 Customer 6 60 000 0 Customer 7 50 000 339 Customer 8 50 000 0 Customer 9 46 165 0 Customer 10 29 712 0 All transactions with the State Treasury and its related entities were concluded at arm’s length.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 54 31 Benefits for the for senior executives 31.1 Principles applicable to the remuneration of persons in managerial positions at the Bank The Bank has a Remuneration Policy which covers all employees with its provisions. The Remuneration Policy is reviewed by the Appointment and Remuneration Committee and Risk Committee of the Supervisory Board , adopted by the Management Board and approved by the Supervisory Board. As regards persons holding managerial positions, who have a significant impact on the risk profile, the principles of the Policy have been established based on the provisions of the Regulation of the Minister of Finance, Funds and Regional Policy of 8 June 2021 on the risk management system and internal control system as well as the remuneration policy in banks. Persons having a material impact on the Bank’s Risk Profile (Material Risk Takers – MRTs) include, among others, members of the Management Board and Supervisory Board, Managing Directors, as well as other individuals identified on the basis of the criteria set out in Article 9ca of the Polish Banking Law and in the Commission Delegated Regulation (EU) 2021/923 of 25 March 2021 supplementing Directive 2013/36 / EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the criteria for determining management responsibilities, control functions, significant business units and the significant impact on the risk profile of a significant business unit, and specifying criteria for identifying employees or categories o f staff whose professional activities affect the risk profile of these institutions in a comparable manner as important as in the case of employees or categories of employees referred to in art. 92 sec. 3 of this directive. 31.2 Financial data All transactions with supervising and managing persons are performed in line with the relevant regulations concerning banking products and at market rates. 30.06.2026 Supervising, managing persons Supervisory Board Bank's Management Board Amounts due to customers 1 338 239 1 099 Total liabilities 1 338 239 1 099 31.12.2025 Supervising, managing persons Supervisory Board Bank's Management Board Amounts due to customers 1 453 237 1 216 Total liabilities 1 453 237 1 216 The total cost of remuneration of Members of the Bank's Supervisory Board and Members of the Bank's Management Board from 1 January to 30 June 2026 recognized in the profit and loss account of the Group in this period amounted to PLN 11 821 thousand (in the period from 1 January to 30 June 2025 - PLN 9 845 thousand). 31.3 Incentive program for senior executives The following incentive programs operate in the Alior Bank SA Group: • bonus scheme for the Management Board, valid from 2016,
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 55 • annual variable remuneration granted partly in financial instruments (phantom shares) for persons having an impact on the risk profile; the settlement of phantom shares takes place in cash . 32 Legal claims None of the individual proceedings pending during the first half of 2026 before a court, a body competent for arbitration proceedings or a public administration body, as well as all proceedings taken together, pose a threat to the Group's financial liquidity. In accordance with IAS 37, the Group each time assesses whether a past event gave rise to a present obligation. In legal claims, the Group additionally uses expert opinions. If, based on expert judgment and taking into account all circumstances, the Group assesses that the existence of a present obligation as at the balance sheet date is more likely than not and the Group is able to reliably estimate the amount of the obligation in this respect, then it creates a provision. As at 30 June 2026, the Group created provisions for legal claims brought against the Group's entities, which, according to the legal opinion, involve the risk of outflow of funds due to fulfilment of the obligation in the amount of PLN 349 322 thousand and as at 31 December 2025 in the amount of PLN 314 203 thousand. The proceedings which according to the opinion of the Management Board are significant are presented below. Cases related to the distribution of certificates of participation in investment funds The Bank, as part of its activities as part of a separate organizational unit - Biuro Maklerskie Alior Bank SA, in the years 2012 - 2016 conducted activities in the field of distribution of certificates of participation in investment funds: Inwestycje Roln e Fundusz Inwestycyjny Zamknięty Aktywów Niepublicznych, Inwestycje Selektywne Fundusz Inwestycyjny Zamknięty Aktywów Niepublicznych, Lasy Polskie Fundusz Inwestycyjny Zamknięty Aktywów Niepublicznych and Vivante Fundusz Inwestycyjny Zamknięty Aktywów Niepublicznych (hereinafter collectively referred to as "Funds"). The Bank distributed over 250 thousand investment certificates of the Funds. On 21 November 2017, the Polish Financial Supervision Authority ("PFSA") issued a decision to withdraw the permit to operate by FinCrea TFI SA, which is the managing body of the Funds. The Polish Financial Supervision Authority justified the issuance of a decision found in the course of administrative proceedings for gross violations of the provisions of the Act on investment funds and management of alternative investment funds. The decision was immediately enforceable. No society has decided to take over t he management of the Funds, which, pursuant to Art. 68 paragraph 2 in connection with Art. 246 paragraph 1 point 2 of the Act on Investment Funds and Management of Alternative Investment Funds was the reason for the dissolution of the Funds. The dissolution of an investment fund takes place after liquidation. Investment funds were liquidated in 2024 by Raiffeisen Bank International AG with its registered office in Vienna - the liquidator. The liquidator paid out the funds obtained from the liquidation in proportion to the number of investment certificates held by the fund participants. The payments mean the remission of investment certificates held by fund participants.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 56 Claims for payment As at 30.06.2026, the Bank is defendant in 172 cases brought by the buyers of the Fund's investment certificates for payment (compensation for damage). The total value of the dispute in these cases is PLN 54.3 million. As at 31.12.2025, the Bank is defendant in 172 cases brought by the buyers of the Fund's investment certificates for payment (compensation for damage). The total value of the dispute in these cases is PLN 55.8 million. In the Bank's opinion, each payment case requires an individual approach. The Bank conducted an analysis, selected cases and distinguished those with specific risk factors, which the Bank took into account in the approach to the provision created for this purpose. The Bank cha nged the estimate of the reserves held as of the balance sheet date in connection with the cases brought against the Bank by purchasers of the Funds' investment certificates for payment and for determining liability. The Bank will analyse the judgments issued on an ongoing basis, taking into account the impact of the liquidation and payments on this account on court judgments and will shape the amount of reserves accordingly . Liability claims The Bank is the defendant in 1 collective action brought by a natural person - a representative of a group of 328 natural and legal persons, for determination of the Bank's liability for damage and in 2 individual cases for establishing the Bank's liability for damage. The class action was filed on 5 March 2018 against the Bank to determine the Bank's liability for damage caused by the Bank's improper performance of disclosure obligations towards customers and the improper performance of contracts for the provision of se rvices for accepting and transmitting orders to purchase or sell Fund investment certificates. The court decided to hear the case in group proceedings. In 2025, the District Court in Warsaw conducted evidentiary proceedings involving the examination of witnesses. The date of the next hearing has not been set . The initial value of the subject of the extended claim amounts to approx. PLN 103.9 million. The lawsuits were filed to establish liability (not for payment, i.e. compensation for damage), therefore the Bank does not anticipate any outflow of cash from these proceedings, other than litigation costs, the amount of which the Bank estimates at PLN 60 0 thousand. The total amount of the provision as at 30 June 2026 amounted PLN 42.0 million and as at 31 December 2025 – PLN 61.1 million. Court proceedings of FX mortgage loans As at 30 June 2026, there were 377 court proceedings pending against the Bank (as at 31 December 2025 - 278) concerning mortgage loans granted in previous years in foreign currencies with a total value of the subject matter of the dispute of PLN 286 million (as at 31 December 2025 - PLN 232 million). The main cause of the dispute indicated by the plaintiffs concerns the questioning of the provisions of the loan agreement regarding the Bank's use of conversion rates and results in claims for the partial or total invalidity of the loan agreements. In accordance with the established case law of the Court of Justice of the European Union and common courts in Poland, these claims, in particular those relating to the CHF currency, are considered to be justified. The Bank monitors the state of court decisions on an ongoing basis in cases of loans indexed or denominated in a foreign currency in terms of the formation and possible changes in the lines of case law.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 57 In its April 2026 judgments, the European Court of Justice (CJEU) confirmed the bank's previous position regarding the lack of a statute of limitations on claims for the repayment of capital from clients if a court finds the agreement invalid. Therefore, b anks retain the right to recover the capital paid and are entitled to pursue claims through counterclaims from clients. The table below presents the cumulative costs of legal risk of FX mortgage loans (in MPLN). 30.06.2026 31.12.2025 Loans and advances to customers - adjustment decreasing the gross carrying amount of loans 206 186 Provisions 133 109 Total 339 295 Legal proceedings concerning the “free credit sanction” The banking sector is facing a growing number of lawsuits brought by consumers as well as specialized entities acquiring claims from them, seeking reimbursement of consumer credit costs due to alleged defects in credit agreements. In practice, one of allegation raised by claimants is the challenging of the permissibility of financing credit -related costs and charging interest (capital interest) on those costs, in particular on the origination fee. On 13 February 2025, the Court of Justice of the European Union (CJEU) issued a ruling in response to preliminary questions referred by a Polish court concerning the application of the free credit sanction. In the Bank’s view, this judgment does not automa tically determine that financing credit costs – including fees – results in the application of the free credit sanction. In particular, the CJEU did not indicate that the mere financing of costs, even if considered unlawful, would in every case lead to the application of this sanction. Consequently, the judgment does not eliminate the need for an individual assessment of the circumstances of each case by national courts. Subsequently, on 23 April 2026, the CJEU clarified the interpretation of Directive 2008/48, stating that it is not permissible to charge interest on financed non-interest credit costs. At the same time, the Court did not rule that such a breach automatically leads to the application of the free credit sanction. Accordingly, it should be concluded that: • charging interest on financed credit costs is not permissible, • however, the assessment of the consequences of such a breach, including the potential application of the free credit sanction, remains within the competence of national courts and should take into account all circumstances of the given case as well as the CJEU’s case law. Despite the above rulings, it should be emphasized that further preliminary ruling proceedings concerning this issue are still pending before the CJEU, which means that the case law in this area is still evolving. As at 30 June 2026, there were pending 5275 court proceedings against the Bank regarding the sanction of a free loan with the value of the subject matter of the dispute amounting PLN 241.2 million (as at 31 December 2025, 4371 proceedings with the value of the subject matter of the dispute amounting PLN 195.2 million). These proceedings are mainly initiated by customers or entities that have purchased receivables from customers and concern the provisions of cash loan agreements.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 58 The total amount of the provision for this reason as at 30 June 2026 amounts to PLN 120.1 million ( as at 31 December 2025 – PLN 104.2 million) and includes both the provision for currently pending disputes and the future inflow of disputes assumed by the Bank. 33 Contigent liability The Group presents below a description of the most important proceedings conducted against the Group as at 30 June 2026, which constitute contingent liabilities. The total value of the subject matter of the disputed claims as at 30 June 2026 in court proceedings conducted against the Group amounted in PLN 1 225 373 thousand and as at 31 December 202 5, PLN 1 088 483 thousand. Case claimed by a client Case claimed by a limited company for a payment of PLN 109 967 thousand in respect of compensation for damage incurred in connection with the conclusion and settlement of treasury transactions. The claim dated 27 April 2017 was brought against Alior Bank SA and Bank BPH SA. In the Bank's opinion, the claim has no valid factual and legal basis therefore, the Bank did not create a provision as at 30 June 2026. Proceedings before the President of the Office of Competition and Consumer Protection (UOKiK) Proceeding on provisions of recognizing a standard contract as illegal, the so -called modification clauses On 27 September 2019, the President of the Office of Competition and Consumer Protection (UOKiK) initiated ex officio proceeding against Alior Bank SA to recognize a standard contract as illegal (reference number RPZ.611.4.2019. PG) the subject of which is 11 clauses (the so -called modification clauses) included in contract templates used by the Bank, on the basis of which the Bank made unilateral changes to contracts concluded with consumers. The President of UOKiK questioned the wording of the provisions in question, among others as imprecise and not allowing consumers to verify the occurrence of premises for the change being made. In a letter dated 1 June 2026, the Office of Competition and Consumer Protection decided to extend th e deadline for completing the proceedings until 3 1 October 2026. As at 30 June 2026, the Bank had created a provision for this matter in the amount of PLN 16.7 million. At the same time, the Bank is unable to make a reliable estimation of the potential consequences of the violation (other than a financial penalty). Proceeding regarding practices violating the collective interests of consumers regarding unauthorized payment transactions The President of the Office of Competition and Consumer Protection is conducting proceedings against the Bank regarding practices violating the collective interests of consumers (reference number: RWR.610.3.2024.KŚ) consisting of: • failure - after the consumer reports the transaction as unauthorized - to refund the amount of the unauthorized payment transaction or restore the debited payment account to the state that would have existed if the unauthorized payment transaction had not taken place in the manner and
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 59 within the time limit specified in Art. 46 section 1 of the Act on Payment Services, despite the absence of any grounds entitling the Bank not to perform the above-mentioned. activities, • making a conditional refund to a consumer who is a client of the Bank of the payment transaction amount reported by the consumer as unauthorized, only for the time the Bank considers the complaint, and then, if the Bank finds in the complaint procedure tha t the transaction was authorized by the consumer or, that the consumer is liable for an unauthorized payment transaction, withdrawing a conditional refund and withdrawing this amount from the consumer's savings and current account or credit card account, excluding situations in which this amount was simultaneously returned to the consumer as part of a chargeback or the consumer withdrawn the claim, • providing consumers - in responses to their reports regarding the occurrence of unauthorized payment transactions - with information about the correct authorization of the transaction, which was confirmed only after the payment service provider verified th e correct use of the payment instrument, by using individual authentication data in a way that suggests that the Bank's demonstration that correct authentication has occurred excludes the Bank's obligation to refund the amount of the unauthorized transaction, which may mislead consumers regarding the Bank's obligations under Art. 46 section 1 of the Payment Services Act, as well as regarding the distribution of the burden of proving that the payment transaction has been authorized, • providing consumers - in responses to their reports regarding unauthorized payment transactions - with information about the correct authentication of the transaction by the user and the Bank's lack of responsibility for its execution, as it occurred as a result of the consumer's breach of the terms of the contract with the Bank, which may mislead consumers into error regarding the Bank's obligations under Art. 46 section 1 of the Payment Services Act, including the distribution of the burden of proof to th e extent that the Bank should demonstrate that the consumer led to the disputed transaction as a result of an intentional or grossly negligent breach of at least one of the obligations referred to in Art. 42 of the Payment Services Act, • providing consumers - in responses to their reports regarding the occurrence of unauthorized payment transactions - with information about the inability to consider card transactions reported after 120 days from the date of the transaction as unauthorized payment transactions and the inability to complain about more than 15 transactions, - which, in the opinion of the President of the Office of Competition and Consumer Protection, may harm the collective interests of consumers and, consequently, constitute practices violating the collective interests of consumers referred to in the Act on Competition and Consumer Protection. The maximum amount of the financial penalty is 10% of the Bank's turnover achieved in the financial year preceding the year in which the penalty was imposed. As at 3 0 June 2026, the Bank did not create any provisions in this respect, as it is possible that the proceedings will be concluded with a binding decision that eliminates the risk of imposing a financial penalty. The Bank, in response to the expectations of the President of the Office of Competition and Consumer Protection, presented a proposal to undertake specific actions aimed at ending the infringement of which the Bank is accused and removing its effects. The President of the Office of Competition and Consumer Protection (UOKiK) has proposed a uniform obligation for all banks involved in proceedings regarding unauthorized transactions. Ultimately, the Bank accepted the proposal for a single commitment presented
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 60 by the President of the Office of Competition and Consumer Protection. As at 30 June 2026, the Bank had established a provision of PLN 20.5 million (as at 31 December 2025, PLN 15.5 million). This provision amount may change during the implementation of this commitment. Proceedings in the case of recognizing the provisions of the model agreement regarding the change of interest rates on bank accounts as prohibited On 03.02.2025, the President of the Office of Competition and Consumer Protection issued a decision to initiate proceedings against Alior Bank SA in the case of recognizing the provisions of the model agreement as prohibited (reference number RWR-1.611.1.2025.ZR previously RŁO-2.611.1.2025.JZ), the subject of which is the clause on the change of interest rates on bank accounts. The President of the Office of Competition and Consumer Protection questioned the wording of the provisions of paragraph 11, sections 9 and 10 of the model agreement "Regulations for savings and settlement accounts, savings and fixed-term savings deposits", among others, as giving the Bank too much freedom in terms of the rights to change the interest rate and not allowing consumers t o independently check whether the change in interest rate is in accordance with the agreement . As at 30 June 2026, the Bank had created a provision for this matter in the amount of PLN 16.7 million. Proceedings of the Polish Financial Supervision Authority (KNF) On 8 August 2025, the Polish Financial Supervision Authority (KNF) initiated administrative proceedings concerning the application of sanctions specified in the Banking Law against the Issuer, based on a suspected violation of the provisions of the Trading Act and its implementing regulations, in connection with activities conducted pursuant to Article 70, Section 2 of the Trading in Financial Instruments Act, regarding cooperation with third parties, providing information to clients, the adequacy of solutions related to the acquisition of financial instruments, and designating a negative target group. As at 30 June 2026, the Bank had recognized a provision of PLN 5 million in this respect. On 5 September 2025, the Polish Financial Supervision Authority initiated administrative proceedings to impose an administrative penalty on Alior Bank pursuant to Article 147, point 4, letters a and b, and point 13 of the Act on Counteracting Money Launder ing and Terrorism Financing, concerning the conduct resulting from the inspection. As at 3 0 June 2026, the Bank created a provision in this respect in the amount of PLN 2 million (as at 31 December 2025 -PLN 2 million). However, due to the early stage of the proceedings, the amount of the reserve may change. 34 Capital management Equity for the purposes of the capital adequacy and the total capital ratio and Tier 1 ratio as at 30 June 2026 were calculated in accordance with Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and Regulation (EU) No 2024/1623 of the European Parliament and of the Council of 31 May 2024 amending Regulation (EU) No 575/2013 as regards requirements on credit risk, credit valuation adjustment risk, operational risk, market risk and the minimum capital threshold (“CRR3”) as well as other regulations implementing “national options”, including the Banking Law Act of 29 August 1997 (as amended).
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 61 For the purposes of calculating the consolidated financial result and the capital adequacy ratio in the first half of 2026 prudential consolidation was applied – the consolidation covered Alior Bank SA and Alior Leasing sp. z o.o. In the opinion of the Bank's Management Board, the other subsidiary entities, not subject to prudential consolidation, are marginal for the Bank's c ore activity from the viewpoint of monitoring of credit institutions. The prudentially consolidated profit and loss account is prepared in compliance with the accounting principles applied by the Bank. 01.01.2026-30.06.2026 Interest income calculated using the effective interest method 2 843 908 Income of a similar nature 286 591 Interest expense -760 144 Net interest income 2 370 355 Fee and commission income 609 941 Fee and commission expense -160 774 Net fee and commission income 449 167 Dividend income 48 836 The result on financial assets measured at fair value through profit or loss and FX result 43 190 The result on derecognition of financial instruments not measured at fair value through profit or loss 12 691 measured at fair value through other comprehensive income 10 885 measured at amortized cost 1 806 Other operating income 54 541 Other operating expenses -119 237 General administrative expenses -1 175 957 Net expected credit losses -247 267 The result on impairment of non-financial assets -832 Cost of legal risk of FX mortgage loans -49 332 Banking tax -145 880 Gross profit/loss 1 240 275 Income tax -467 916 Net profit/loss 772 359 Equity for the purposes of the capital adequacy 30.06.2026 31.12.2025* 31.12.2025 Total equity for the capital adequacy ratio 11 058 658 11 161 490 10 515 442 Tier I core capital (CET1) 11 058 658 11 161 490 10 515 442 Paid-up capital 1 305 540 1 305 540 1 305 540 Supplementary capital 9 893 603 8 648 809 8 648 809 Other reserves 174 447 174 447 174 447 Current year's reviewed by auditor 0 1 199 353 557 943 Accumulated losses 32 628 78 455 78 455 Revaluation reserve – unrealised losses -150 800 -139 524 -139 524 Intangible assets measured at carrying value -494 433 -449 910 -449 910 Revaluation reserve – unrealised profit 383 681 420 997 420 997 Additional value adjustments - AVA -24 136 -24 029 -24 029 Other adjustments items -61 872 -52 648 -57 286 * On 2 April 2026, the Polish Financial Supervision Authority approved the inclusion of the consolidated profit for 2025 in the Group’s equity . The inclusion of the net profit generated in 202 5 as at 31 December 202 5 resulted in an increase in equity to PLN 11,2 billion, as presented in the table above.
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 62 Minimum supervisory requirements for the Group 30.06.2026 30.06.2025 Capital adequacy ratio 11.51% 10.51% Financial leverage ratio 3% 3% MREL The minimum requirements set by the Bank Guarantee Fund regarding own funds and liabilities subject to write-down or conversion ("MREL") applicable to the Group from 31.12.2023 are as follows: • in relation to TREA 15.36% (of the total risk exposure) • in relation to TEM 5.91% (of total exposure measure) As at 30 June 2026, the Group met the MREL requirements set out by the Bank Guarantee Fund. 35 Tangible fixed assets and intangible assets Tangible fixed assets 30.06.2026 31.12.2025 30.06.2025 Plant and machinery (including IT hardware) 158 710 164 386 156 313 Means of transport 70 709 50 926 19 358 Fixed assets under construction 9 127 41 685 14 040 Owned buildings 62 906 146 068 122 978 Leasehold improvements 123 584 91 725 112 215 Other fixed assets 36 757 33 981 33 767 Right-of-use assets 283 268 300 337 183 250 Total 745 060 829 108 641 921 Intangible assets 30.06.2026 31.12.2025 30.06.2025 Goodwill 976 976 976 Capital expenditure 267 212 223 504 160 851 Software, licences, R&D works 305 564 325 660 325 154 Trademark 43 43 43 Other 808 807 812 Total 574 602 550 991 487 836 36 Distribution of profit for 2025 On 29 April 2026, the Ordinary General Meeting of the Bank adopted resolution No. 7/202 6 on the method of dividing the Bank's profit for the financial year 202 5. In accordance with the resolution, the Bank's net profit from operations in the financial year 2025, in the total amount of PLN 2 351 553 395.27, was allocated as follows: • part of the profit in the amount of PLN 1 165 847 139.63 to the payment of dividend,
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 63 • remaining part of the profit in the amount of PLN 1 185 706 255.64 to supplementary capital, including the non-distributable profit achieved on the activities of the Housing Fund in the amount of PLN 18 449 454.69. The dividend amount per share was PLN 8.93. 37 Risk management Risk management is one of the major processes in Alior Bank SA. Risk management supports Bank’s strategy and proper level of business profitability and safety of activities while assuring control of the risk level and its maintenance within the accepted ri sk appetite and limit system in the changing macroeconomic and legal environment. The supreme objective of the risk management policy is to ensure early detection and adequate management of all kinds of risk inherent to the pursued activity. The Group isolated the following types of risks resulting from the operations conducted: • market risk including interest rate risk and the FX risk • liquidity risk • credit risk • operational risk The detailed risk management policies have been presented in the annual consolidated financial statements of the Alior Bank SA Group for the year ended 31 December 20 25 published on 24 February 2026 and available on the Alior Bank SA website. Liquidity risk In the first half of 2026, the liquidity ratio for the Alior Bank SA Capital Group met the regulatory requirements. 38 Events significant to the business operations of the Group Assessment of the impact of the IBOR reform on the Group's situation As at 1 January 2018, a new standard for the provision of benchmarks applies in the European Union, the legal basis of which is Regulation (EU) 2016/1011 of the European Parliament and of the Council on indices used as benchmarks in financial instruments a nd financial contracts or for measuring the performance of investment funds (hereinafter: BMR regulation, IBOR reform). The main goal of the EU bodies during the work on the IBOR reform was the need to increase consumer protection. In accordance with the IBOR reform, all benchmarks that are the basis for determining interest on loans or the interest rate for various financial instruments must be calculated and applied according to strictly defined rules, so as to avoid suspicion of any fraud. The Group has undertaken and implemented a number of activities to implement IBOR, i.e .: • the contingency plan was amended, which in particular includes a scheme of actions in the event of a significant change or discontinuation of the development of a given benchmark and a list of benchmarks used with their alternatives, • priorities for annexing contracts to replace expired indicators were adopted,
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I n t e r i m c o n d e n s e d c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s o f t h e A l i o r B a n k S A G r o u p f o r t h e 6 - m o n t h p e r i o d e n d e d 3 0 J u n e 2 0 2 6 ( i n P L N ‘ 0 0 0) 64 • templates of annexes were prepared and introduced for contracts to which the IBOR relates, • the process of annexing the contracts was carried out, • an information and reminding campaign aimed at clients was conducted, • employee training in the field of IBOR was conducted, • the hedge accounting policy was adjusted. The Group monitors the activities of regulators and benchmark administrators, both at the national, European and global level, in terms of benchmarks. The Bank is involved in the work of the National Working Group for WIBOR reform. The Steering Committee of the National Working Group (KS NGR) after reviewing the opinions on legal, market and marketing aspects, decided on 24 January 2025 to select the target name POLSTR. The administrator of POLSTR - within the meaning of the BMR Regulation is GPW Benchmark SA, entered in the register of the European Securities and Markets Authority (ESMA). The National Working Group Steering Committee (KS NGR) updated the Roadmap setting out the timetable of activities aimed at replacing the WIBOR reference rate with the target POLSTR rate. On 18 May 2026, GPW Benchmark S.A. and the Polish Financial Supervision Authority (KNF) published communications regarding the orderly cessation of the WIBOR and WIBID reference rates. In accordance with the adopted timetable, the 1M, 3M and 6M WIBOR and W IBID fixing tenors will continue to be published until 31 December 2036, and their discontinuation will take effect on 1 January 2037. From 1 January 2027, these rates should no longer be used in new contracts and financial instruments, with the exception of certain derivative transactions related to the risk management of existing portfolios. These measures constitute the next stage of the benchmark reform process in Poland. 39 Significant events after the end of the reporting period No significant events occurred after the end of the reporting period, except those described in these financial statements. 40 Financial forecast The Alior Bank SA Group did not publish any forecasts of its results.