Slides
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- Business and Financial Results for Q2 2025 ING Bank Śląski S.A. Warsaw, 31 July 2025
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Table of contents 2 1. Introduction to financial results and the Bank’s market position 2. Macroeconomic update by the ING Analysis Bureau 3. Financial results for Q2 2025 4. Appendices
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Introduction to financial results and the Bank’s market position
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Key facts – Q2 2025 4 Client base Client volumes Financial results in Q2 2025 MCFH-adjusted ROE = total net profit for 4 consecutive quarters / average equity for 5 subsequent quarters excluding MCFH; *according to NBP data. • 78 thousand new retail clients in Q2 2025 • 20 thousand new corporate clients in Q2 2025 • The number of outgoing electronic transfers of individual clients in Moje ING increased by 7% y/y in Q2 2025 • Our corporate clients made 19% more mobile banking transfers in Q2 2025 • Corporate receivables portfolio increased by PLN 1.3 billion q/q and amounted to PLN 98.5 billion (+ PLN 2.6 billion y/y) • Retail receivables portfolio increased by PLN 2.6 billion q/q to the level of PLN 75.9 billion (+ PLN 7.8 billion y/y) • Clients’ deposits increased by PLN 2.5 billion q/q to the level of PLN 223.7 billion (+ PLN 14.5 billion y/y) • The Bank’s L/D ratio was 76.3% vs. 67.3% in banking sector* • Net interest income amounted to PLN 2,173 million (-2% q/q, +6% y/y) • Net fee and commission income of PLN 584 million (+1% q/q, +2% y/y) • Risk costs amounted to PLN 193 million (-8% q/q, -39% y/y) • Net profit of PLN 1,135 million (+12% q/q, +18% y/y) • Cumulative ROE adjusted for MCFH is 21.4% (21.1% a year earlier) More information
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Market shares 5 Notes: Note: Market data – NBP data on monetary financial institutions (Monrep, WEBIS); ING BSK – total standalone data of ING BSK and ING Bank Hipoteczny, as per NBP segmentation (Monrep, WEBIS). *Including individual entrepreneurs and individual farmers; **Excluding FX mortgage loans. 9.1 9.3 10.2 10.7 11.1 12.0 12.6 12.0 11.9 12.0 11.9 2016 2017 2018 2019 2020 2021 2022 2023 2024 1Q 25 2Q 25 7.8 8.4 8.8 9.1 9.1 9.5 10.6 10.7 10.3 10.1 10.2 2016 2017 2018 2019 2020 2021 2022 2023 2024 1Q 25 2Q 25 8.6 8.8 9.2 9.4 10.0 10.4 10.4 10.0 10.1 10.3 10.3 2016 2017 2018 2019 2020 2021 2022 2023 2024 1Q 25 2Q 25 4.9 5.8 6.5 7.3 8.1 9.2 9.2 9.4 9.9 10.1 10.3 8.3 9.3 10.3 11.6 12.6 13.5 13.5 13.2 13.5 13.8 14.0 3.49 3.83 3.98 4.20 4.42 4.87 4.72 4.75 4.81 4.80 4.80 2016 2017 2018 2019 2020 2021 2022 2023 2024 1Q 25 2Q 25 Individuals’ loans PLN mortgage loans Cash loans
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Business volumes 6 PLN million Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 change % q/q change % y/y change q/q change y/y Total client deposits 211,340 209,157 210,156 218,148 221,180 223,650 + 1 % + 7 % 2,470 14,493 Corporate deposits 88,865 89,626 89,579 92,474 89,384 90,373 + 1 % + 1 % 989 747 Retail deposits 122,475 119,531 120,577 125,674 131,796 133,277 + 1 % + 11 % 1,481 13,746 Total funds entrusted by retail clients 145,326 143,547 145,585 151,196 159,921 163,521 + 2 % + 14 % 3,600 19,975 Investment funds and other off-balance sheet products distributed by the Bank 22,851 24,016 25,008 25,522 28,125 30,244 + 8 % + 26 % 2,119 6,229 Total client loans 160,278 163,840 165,723 167,415 170,431 174,318 + 2 % + 6 % 3,887 10,478 Loans to corporate banking clients incl. leasing and factoring 94,205 95,819 96,226 96,148 97,199 98,464 + 1 % + 3 % 1,265 2,645 Loans to retail clients 66,073 68,021 69,497 71,267 73,232 75,854 + 4 % + 12 % 2,622 7,833 Mortgage 56,715 58,292 59,689 61,295 63,117 65,508 + 4 % + 12 % 2,391 7,216 Cash loans 7,968 8,309 8,387 8,552 8,706 8,913 + 2 % + 7 % 207 604
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Meeting strategic goals after Q2 2025 Society is transitioning to a low-emission economy. Our clients are making this transition, and so are we at ING. We fund many sustainable activities, but still more of those that are not. Check how we are doing – go to esg.ing.pl 7 2.11 2.19 2.28 2.32 0.205 0.213 0.294 0.300 77.0 78.8 78.7 79.8 2022 2023 2024 Q2 2025 number of retail primary clients (million) number of corporate primary clients (million) share of primary mobile clients (%) 84 8478 84 68 76 53 48 48 56 2022 2023 2024 Q2 2025 Organisational health index* eNPS / employees rate the bank as an employer eNPS / employees as clients rate the bank *the survey is carried out every second year *total for 2015-2023 – target of 4.5 billion PLN; ** Total for 2024 -2030 – target of 5 billion PLN 2.5 2.2 1.8 1.9 2022 2023 2024 Q2 2025 level of compliance risk 99.98 99.95 99.94 99.98 99.86 99.91 99.89 99.99 6 27 31 34 2022 2023 2024 Q2 2025 Moje ING availability (%) ING Business availability (%) % of solutions planned to be launched in the cloud 3.3 4.1 0.5 1.7 93 137 176 200 2022 2023 2024 H1 2025 RES financing provided (billion)* number of unique IKE or IKZE clients (thousand) *commercial balance at the end of the period (loans and other receivables and liabilities) per full - time employee of the COO division at the end of the same period 214 243 283 317 2022 2023 2024 1H 2025 commercial balance per full-time employee*
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Update on the macroeconomic situation by the ING Analysis Bureau
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Solid economic growth compared to countries in the region. EU growth leader. Sources: Consensus Economics, Central Statistical Office, ING forecasts. 2.8 1.6 3.3 2.82.9 1.1 0.9 0.5 Polska Czechy Rumunia Węgry Prognozy sprzed roku Oficjalne dane 3.5 2.3 0.3 1.0 Poland Czech Republic Romania Hungary -5 0 5 10 15 20 25 30 1Q05 4Q05 3Q06 2Q07 1Q08 4Q08 3Q09 2Q10 1Q11 4Q11 3Q12 2Q13 1Q14 4Q14 3Q15 2Q16 1Q17 4Q17 3Q18 2Q19 1Q20 4Q20 3Q21 2Q22 1Q23 4Q23 3Q24 Dashed line = 2015-19 average Eurozone Poland USA 9 Poland Czech Republic Romania Hungary Forecast from year ago Official data 4.4 3.0 5.2 6.2 4.6 -2.0 6.9 5.3 0.2 2.9 3.5 3.4 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025P 2026P Private consumption Public consumption Investments Changes in inventories Net exports GDP
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Gradual investment rebound. EU funds culminate in 2026. Sources: MFiPR, NBP, ING forecasts Sources: CSO. 10 2.6 1.1 1.5 2.2 2.2 2.5 2.0 1.7 1.9 1.1 1.8 2.7 0.0 0.5 1.0 1.5 2.0 2.5 3.0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025P 2026P % GDP Polityka spójności KPO - dotacje Razem Cohesion policy National Recovery Plan - subsidies Total -20 -15 -10 -5 0 5 10 15 20 sty-23 kwi-23 lip-23 paź-23 sty-24 kwi-24 lip-24 paź-24 sty-25 kwi-25 Total Budynki Obiekty infrastrukturalne Roboty specjalistyczneBuildings Specialised worksTotal Infrustructure facilities 01-23 04-23 07-23 10-23 01-24 04-24 07-24 10-24 01-25 04-25
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Market services driving growth in recent years. A stagnant industry. EUR 500 billion in a decade and a recovery in Germany EUR Sources: Estimates by ING based on the National Energy and Climate Plan (NECP, WAM Scenario, October 2024) and government publications. Sources: CSO, Ministry of Family, Labour and Social Policy. Sources : Eurostat. 11 100 106.8 4.0 2.4 1.1 0.4 0.0 -1.1 VA 4Q22 Trade, transport, HORECA Professional, scientific activity, etc. Property management Art. And recreation IT Financial services VA 1Q2585 90 95 100 105 110 115 120 4kw19 2kw20 4kw20 2kw21 4kw21 2kw22 4kw22 2kw23 4kw23 2kw24 4kw24 Przemysł Budownictwo Usługi rynkowe Usługi nierynkowe Q4’19 Q2’20 Q4’20 Q2’21 Q4’21 Q2’22 Q4’22 Q2’23 Q4’23 Q4’24Q2’24 Construction Non-market servicesIndustry Market services -5 0 5 10 15 20 Minimum wage Average salary CPI inflation Total EUR 501 billion
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The fall in inflation allows the NBP to cut interest rates. Sources: National Bank of Poland (NBP), Central Statistical Office (CSO), ING forecasts. 0 1 2 3 4 5 6 7 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26 Aug-26 Sep-26 Oct-26 Nov-26 Dec-26 CPI Core inflation 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26 Aug-26 Sep-26 Oct-26 Nov-26 Dec-26 3.25 3.50 3.75 4.00 4.25 4.50 4.75 5.00 5.25 5.50 5.75 6.00 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26 Aug-26 Sep-26 Oct-26 Nov-26 Dec-26 -1 0 1 2 3 4 5 6 Jan-24 Mar-24 May-24 Jul-24 Sep-24 Nov-24 Jan-25 Mar-25 May-25 Jul-25 Sep-25 Nov-25 Jan-26 Mar-26 May-26 Jul-26 Sep-26 Nov-26 Core inflation Food prices Energy Fuels CPI 12 forecast forecast forecast forecast
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Last year of deleveraging the Polish economy In 2026, credit dynamics will exceed nominal GDP dynamics Sources: National Bank of Poland (NBP), ING forecasts 2023 2024 2025P 2026P Total loans 0.0 4.9 5.8 8.6 Households -2.2 2.7 2.4 5.7 mortgage loans -3.4 3.4 0.9 3.7 consumer loans 2.1 5.7 6.7 10.6 Corporate loans 3.1 7.9 10.1 12.1 Enterprises -3.0 5.3 10.5 15.4 Total deposits 9.8 8.7 8.4 7.0 Households 11.2 9.8 7.9 7.4 Corporate deposits 7.5 7.1 8.8 6.4 Enterprises 8.8 3.8 6.8 6.8 Nominal GDP 10.2 6.5 8.0 6.1 2015 2020 2025P 2025 vs 2015 Total loans 57.0 53.5 38.4 -18.6 Households 35.0 33.4 21.0 -14.0 mortgage loans 20.9 20.2 12.9 -8.0 consumer loans 8.5 8.5 5.9 -2.6 Corporate loans 22.0 20.1 17.4 -4.6 Enterprises 16.5 14.7 11.7 -4.7 Total deposits 56.2 64.3 58.0 1.8 Households 36.7 42.5 37.1 0.5 Corporate deposits 19.7 22.6 21.0 1.4 Enterprises 13.8 16.0 15.0 1.1 13 forecast forecast
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Financial results for Q2 2025
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Financial results 15 PLN million Q2 2024 Q1 2025 Q2 2025 % change y/y Net interest income 2,042 2,211 2,173 +6% Net fee and commission income 571 579 584 +2% Other income 89 129 163 +83% Total income 2,702 2,919 2,920 +8% Total expenses -978 -1,202 -1,055 +8% Result before risk costs 1,724 1,717 1,865 +8% Risk costs including legal risk cost for FX mortgage loans -318 -209 -193 -39% Bank tax -179 -196 -198 +11% Profit (loss) before tax 1,227 1,312 1,474 +20% Income tax -262 -298 -339 +29% Net Result 965 1,014 1,135 +18% Total Capital Ratio (TCR) 15.42% 16.14% 15.66% +0.24 p.p. Tier 1 capital ratio 14.20% 15.10% 14.69% +0.49 p.p. ROE (%)* 28.7% 26.2% 27.1% -1.6 p.p. ROE adjusted for MCFH (%)* 21.1% 20.2% 21.4% +0.4 p.p. Total expenses incl. bank tax/total income (%) 42.8% 47.9% 42.9% +0.1 p.p. *ROE = total net profit for 4 consecutive quarters / average equity for 5 subsequent quarters. 6M 2024 6M 2025 % change y/y 4,204 4,384 +4% 1,147 1,163 +1% 111 292 +163% 5,462 5,839 +7% -2,067 -2,257 +9% 3,395 3,582 +6% -515 -402 -22% -366 -394 +8% 2,514 2,786 +11% -556 -637 +15% 1,958 2,149 +10% 15.42% 15.66% +0.24 p.p. 14.20% 14.69% +0.49 p.p. 28.7% 27.1% -1.6 p.p. 21.1% 21.4% +0.4 p.p. 44.5% 45.4% +0.9 p.p.
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Net interest income 16 Net interest income (PLN million) and interest margin Interest income and expenses (PLN million) Loan-to-deposit ratio 5.12%5.82%5.86%5.46%5.81% 5.86% 5.80% 6M WIBOR 2,042 2,260 2,261 2,211 2,173 3.57% 3.56% 3.52% 3.47% 3.44% 3.31% 3.65% 3.57% 3.40% 3.20% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 0.010.020.030.040.050.060.070.080.090.0100.0110.0120.0130.0140.0150.0160.0170.0180.0190.0200.0210.0220.0230.0240.0250.0260.0270.0280.0290.0300.0310.0320.0330.0340.0350.0360.0370.0380.0390.0400.0410.0420.0430.0440.0450.0460.0470.0480.0490.0500.0510.0520.0530.0540.0550.0560.0570.0580.0590.0600.0610.0620.0630.0640.0650.0660.0670.0680.0690.0700.0710.0720.0730.0740.0750.0760.0770.0780.0790.0800.0810.0820.0830.0840.0850.0860.0870.0880.0890.0900.0910.0920.0930.0940.0950.0960.0970.0980.0990.01,000.01,010.01,020.01,030.01,040.01,050.01,060.01,070.01,080.01,090.01,100.01,110.01,120.01,130.01,140.01,150.01,160.01,170.01,180.01,190.01,200.01,210.01,220.01,230.01,240.01,250.01,260.01,270.01,280.01,290.01,300.01,310.01,320.01,330.01,340.01,350.01,360.01,370.01,380.01,390.01,400.01,410.01,420.01,430.01,440.01,450.01,460.01,470.01,480.01,490.01,500.01,510.01,520.01,530.01,540.01,550.01,560.01,570.01,580.01,590.01,600.01,610.01,620.01,630.01,640.01,650.01,660.01,670.01,680.01,690.01,700.01,710.01,720.01,730.01,740.01,750.01,760.01,770.01,780.01,790.01,800.01,810.01,820.01,830.01,840.01,850.01,860.01,870.01,880.01,890.01,900.01,910.01,920.01,930.01,940.01,950.01,960.01,970.01,980.01,990.02,000.02,010.02,020.02,030.02,040.02,050.02,060.02,070.02,080.02,090.02,100.02,110.02,120.02,130.02,140.02,150.02,160.02,170.02,180.02,190.02,200.02,210.02,220.02,230.02,240.02,250.02,260.02,270.02,280.02,290.02,300.02,310.02,320.02,330.02,340.02,350.02,360.02,370.02,380.0 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Reported net interest income NIM - cumulative NIM - quaterly +6% -2% 4,204 4,384 3.57% 3.44% 0.0 500.0 1,000.0 1,500.0 2,000.0 2,500.0 3,000.0 3,500.0 4,000.0 4,500.0 5,000.0 6M 24 6M 25 +4% 91 days92 days92 days181 days182 days 91 days 90 days 3,114 3,356 3,410 3,368 3,453 -1,072 -1,096 -1,149 -1,157 -1,280 5.05% 5.41% 5.39% 5.17% 5.09% -1.87% -1.90% -1.96% -1.92% -2.03% -5.00% -3.00% -1.00% 1.00% 3.00% 5.00% 7.00% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Interest income Interest expenses Interest assets profitability Funding costs +3% q/q y/y +11%+11% +19% 76.3% 77.0% 75.3% 75.3% 76.3% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25
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Fee and commission income 17 Fee and commission income per category (PLN million) • The q/q increase in earnings from unit distribution and brokerage activities reflects positive capital market trends. • The q/q increase in the result from payment and credit cards is the result of higher client transaction volumes. -89 -96 237 252 354 349 154 154 287 282 83 93 121 129 1,147 1,163 6M 24 6M 25 r/r +12% -2% +7% +6% -1% 0% +8% +1% -47 -48 -56 -42 -54 120 120 127 126 126 178 178 185 173 176 81 83 74 73 81 135 142 134 141 141 43 44 41 44 49 61 63 60 64 65 571 582 565 579 584 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Bancassurance Distribution of participation units, brokerage and custody services Financing (loans, leasing, factoring) Payment and credit cards, net FX transactions Client account maintenance Other commission income and costs, net kw/kw +11% 0% +2% 0% +2% +11% 29% r/r +14% +4% +7% +5% -1% 0% 15% +1% +2%
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Total expenses including bank tax 18 Total expenses including bank tax (PLN million) • The annual contribution to the resolution fund amounted to PLN 174 million in Q1 2025 (PLN 151 million the year before). • The annual costs of the Polish Financial Supervision Authority incurred in Q1 2025 amounted to PLN 35 million (PLN 28 million the year before). • The increase in personnel costs was driven by salary raises. 503 518 541 501 526 396 348 303 387 430 79 90 90 80 741 234 25179 182 192 196 198 1,157 1,139 1,126 1,398 1,253 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Personnel costs General and administrative costs Amortisation and depreciation Regulatory costs (PFSA + BGF) Bank levy 972 1,027 756 817 160 154179 259 366 394 2,433 2,651 6M 24 6M 25 34.6% FTEs 7,8408,0668,1948,194 Total expenses including bank levy / total income 42.9%39.0%42.8%44.5% 7,840 45.4% 7,892 47.9% 7,947 38.8% Own expenses / total income 35.3%32.8%36.2%34.2% 33.2%32.2% y/yq/q +1% -89% -48% -8% +11% +5% +6% -6% +9% +5% +5% y/y +45% +8% +20% -4% +8% +6% +6% +9% -10% +8% +11% - +25%
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Cost of risk, including legal risk costs 19 Consolidated data for ING BSK (PLN million) Corporate banking (PLN million) Retail banking (PLN million) *Provision additions presented with a (+) sign, terminations with a (-) sign. legal risk costs PLN million Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Impact of macroeconomic parameters on net provisions * Retail banking -5 -1 -11 0 -19 Corporate banking +13 -21 +5 +51 -34 Total +7 -22 -6 +52 -53 Retail banking 0 -57 0 0 -43 Corporate banking 0 -2 -21 0 -2 Total 0 -59 -21 0 -45 26 65 1 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 348 173 209 193 27 1 6M 24 6M 25 515 0.79% 0.84% 0.42% 0.49% 0.45% Cumulative risk cost margin 0.53% 0.64% 0.64% 0.63% 0.55% Quarterly risk cost margin Adjusted for CHF, cumulative risk cost margin 0.44% 0.56% 0.58% 0.58% 0.51% 0.72% 0.84% 0.26% 0.49% 0.45%Adjusted for CHF, quarterly risk cost margin 402 318 265 432 55 186 235 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 428 421 6M 24 6M 25 1.12% 1.80% 0.23% 0.77% 0.96% Cumulative risk cost margin 0.77% 1.11% 0.96% 0.98% 0.94% Quarterly risk cost margin 26 65 1 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 -84 118 23 -42 27 1 6M 24 6M 25 87 0.32% -0.49% 0.67% 0.13% -0.23% Cumulative risk cost margin 0.18% -0.02% 0.18% 0.16% 0.02% Quarterly risk cost margin Adjusted for CHF, cumulative risk cost margin -0.02% -0.22% 0.04% 0.03% -0.07% 0.16% -0.49% 0.30% 0.13% -0.23%Adjusted for CHF, quarterly risk cost margin -19 53
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Portfolio quality and provisioning 20 Share of non-performing portfolio in the total loan portfolio Note: market ratios – estimates based on PFSA data (data for May 2025 for Q2 2025); NPL = Stage 3 + POCI. 11.7% 12.7% 12.7% 12.4% 8.3% 8.1% 10.0% 11.5% 11.0% 3.8% 14.2% 14.7% 13.6% 13.5% 11.8% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Consolidated data for ING BSK Retail banking Corporate banking 0.22% 0.18% 0.17% 0.16% 0.15% 3.41% 2.54% 2.66% 2.74% 3.62% 0.61% 0.50% 0.50% 0.50% 0.45% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Coverage of assets in Stage 1 Coverage of assets in Stage 2 Coverage of assets in Stage 1 and 2 58.1% 51.0% 48.7% 50.3% 51.7% 66.0% 62.3% 62.9% 64.2% 60.3% 55.9% 49.0% 46.2% 47.8% 50.4% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Consolidated data for ING BSK Retail banking Corporate banking 4.3% 5.7% 5.7% 5.9% 5.9% 6.1% 6.6% 6.4% 6.4% 6.2% -2% 0% 2% 4% 6% 8% 10% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 ING BSK (corporate segment) Market 1.7% 1.3% 1.3% 1.4% 1.2% 0.6% 0.5% 0.5% 0.5% 0.4% 3.5% 3.3% 3.1% 3.1% 3.0% -2% 0% 2% 4% 6% 8% 10% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 ING BSK (retail segment - total) ING BSK (retail segment - mortgage loans) Market (total) 3.2% 3.9% 3.9% 3.9% 3.9% 4.7% 4.9% 4.7% 4.7% 4.5% -2% 0% 2% 4% 6% 8% 10% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 ING BSK Market
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Capital adequacy 21 23.14% 22.37% 24.15% 26.10% 25.55% 10.50% 10.19% 11.12% 10.34% 9.88% 19.45% 19.45% 19.95% 19.95% 19.76% 5.91% 5.91% 5.91% 5.91% 5.91% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 MREL level (TREA) MREL level (TEM) Minimum requirement MREL (TREA) Minimum requirement MREL (TEM) 197% 212% 279% 241% 243% 172% 172% 178% 179% 180% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 LCR NSFR 15.42% 14.98% 15.67% 16.14% 15.66% 14.20% 13.81% 14.58% 15.10% 14.69% 11.32% 11.32% 11.51% 11.51% 11.51% 9.32% 9.32% 9.51% 9.51% 9.51% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 TCR Tier 1 ratio Minimum requirement TCR Minimum requirement Tier 1 16.14% 15.66%-0.05% -0.05% -0.38% Q1 25 Tier 1 Tier 2 RWA Q2 25 -0,48 p.p.
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Appendices
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Retail banking 23 • We granted PLN 4,917 million in mortgage loans in Q2 2025 (+29% y/y) • We granted PLN 1,697 million in cash loans in Q2 2025 (+13% y/y) … • ... of which 94% were sold via online channels • We operate 4.0 million current accounts for retail clients • In Q2 2025, our retail clients performed: • 7% y/y more outgoing electronic transfers in Moje ING (175 million) • 15% y/y more BLIK transactions (total 58.9 million) • 4% y/y more debit card transactions (total 310.7 million) • 5% y/y fewer transactions in branches (203 thousand) Mortgage loans (PLN million) Cash loans (PLN million) Deposits (PLN million) 58,292 65,508 Q2 24 Q2 25 8,309 8,913 Q2 24 Q2 25 119,531 133,277 Q2 24 Q2 25 +11% +7% +12%
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Retail client base 4.7 million retail clients 24 • 88% of current accounts are Direct Accounts • In Q2 2025 clients using the National Hub, the standard for the circulation of electronic identity used for administrative purposes and government services, confirmed their identity 5.3 million times, of which 19% of confirmations were made through a mobile application • Our clients submitted 123,000 800+ applications through us in Q2 2025. Note: current accounts in PLN. Primary clients – clients who have a current account with a balance higher than PLN 100 (salary inflows) and who also have another active product. 4,499 4,541 4,566 4,615 4,654 2,231 2,246 2,284 2,292 2,322 60 78 74 89 78 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Number of individual clients - total Number of individual clients - primary Number of new individual clients, gross q/q y/y +39k +155k +30k +90k 3,795 3,853 3,896 3,957 4,004 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 q/q y/y +48k +209k
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Retail lending • PLN 1.7 billion worth of cash loans granted to retail clients in Q2 2025 (+13% y/y) • PLN 4.9 billion worth of mortgage loans granted in Q2 2025 (+29% y/y), which translates into a 20.8% market share: • including 3,063 million worth of fixed interest rate mortgage loans (+35% y/y) • including PLN 639 million worth of loans for energy- efficient houses** (+118% y/y) • A 14.0% market share in terms of PLN mortgage loans; 12.7% in total mortgage loans (Q2 2025) 25 *FX mortgage loans after adjusting the gross carrying amount for legal risk provisions, which amounted to PLN 389.6 million in Q2 2024, PLN 369.7 million in Q3 2024, PLN 387.2 million in Q4 2024, PLN 344.0 million in Q1 2025 and PLN 319 million in Q2 2025; **We do not charge a commission and offer a lower margin for a house or residential premises whose annual demand for non-renewable primary energy for heating, ventilation and hot water preparation does not exceed respectively: 62 kWh/m2/year in the case of a house or 76 kWh/m2/year in the case of a house after renovation and 58 kWh/m2/year in the case of residential premises in a multi-family building or 62 kWh/m2/year in the case of a residential premises in a single- family building. 39,594 39,311 38,903 39,174 39,982 18,566 20,242 22,287 23,839 25,413133 136 105 104 1138,309 8,387 8,552 8,706 8,9131,420 1,421 1,420 1,409 1,43368,021 69,497 71,267 73,232 75,854 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 PLN mortgage loans - floating % rate PLN mortgage loans - fixed % rate FX mortgage loans* Cash loans Other loans +12% +4% q/q y/y +2% +1% +2% +7% +9% -15% +2% +1% +7% +37% 60% 85% 90% 69% 62% 40% 15% 10% 31% 38%3,820 3,426 3,761 4,676 4,917 -400 600 1,600 2,600 3,600 4,600 5,600 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Fixed rate Floating rate +5% +29% 1,500 1,476 1,469 1,437 1,697 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 +18% +13%
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5% 34% 46% 88% 109% 131% 133% 130% Q4 19 Q4 20 Q4 21 Q4 22 Q4 23 Q4 24 Q125 Q2 25 Legal risk relating to FX mortgage loans Total value of provisions for CHF mortgage loan portfolio (PLN million) and their level in relation to portfolio balance The costs of legal risk of FX mortgage loans (in PLN million) The number and value of disputes concerning FX mortgage loans *The portfolio provisioning ratio is calculated as: Total provisions (active and repaid portfolio) / (gross portfolio + provisions for active portfolio). Mediation with clients On 25 October 2021, we launched a settlement programme based on the assumptions of the Chairman of the Polish Financial Supervision Authority. By the end of Q2 2025, we concluded 803 settlements under the programme. As at the end of Q2 2025 we had 2.2 thousand active mortgage loans indexed to CHF. 2019 2020 2021 2022 2023 2024 1Q 25 2Q 25 51 130 198 252 291 284 253 283156 450 755 1,041 1,389 1,673 1,659 1,653 Q4 19 Q4 20 Q4 21 Q4 22 Q4 23 Q4 24 Q1 25 Q2 25 Value in dispute (PLN million) Number of disputes 26
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Savings and investments • 169.9 thousand bank clients invest on a regular basis (+20% y/y, +4% q/q) and 200.3 thousand clients had a dedicated pension product at ING (+30% y/y, +6% q/q) • In Q2 2025 about 66% of open investment fund units were purchased via mobile banking • At the end of Q2 2025, we serviced 198.6 thousand brokerage accounts (+5% y/y, +1% q/q) • The turnover of our brokerage office on the stock market in Q2 2025 amounted to PLN 3.8 billion (+19% y/y, +12% q/q), which translates into a market share of 1.43% (-0.3 p.p. y/y, -0.1 p.p. q/q) • The assets representing investments in funds compliant with Articles 8 and 9 of SFRD* amounted to PLN 7.3 billion (+36% y/y, +6% q/q) *Funds promoting sustainable development (Article 8) and having an impact (Article 9). 27 30,757 31,477 31,850 32,938 33,868 73,144 73,153 76,338 80,564 80,225 15,630 15,947 17,486 18,294 19,18415,276 16,954 17,663 19,114 20,5588,740 8,054 7,859 9,011 9,687 143,547 145,585 151,196 159,921 163,521 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Financial instruments accumulated in brokerage accounts Mutual funds Term deposits and structured products Savings accounts Current accounts +2% +14% +8% q/q y/y +35% +3% +10% +5% +23% 0% +10% +7% +11% +8% +26% +1% +11%
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Progressive evolution of banking ING is becoming more and more digital 3.2 million mobile banking users • We have a total of 1,704 thousand mobile cards (+3% q/q, +15% y/y) • 58.9 million BLIK transactions in Q2 2025 (+3% q/q, +15% y/y) completed by retail clients, of which 42.0 million transactions online (no change q/q, +17% y/y) • 4,460 thousand clients with access to online banking (+1% q/q, +5% y/y), 77% of whom are actively using this access • 3,056 thousand active users of the mobile app (+1% q/q, +8% y/y) • 2,398 thousand “mobile only” users (+7% q/q, +12% y/y) • In Q2 2025, we sold 94% of cash loans to retail clients via online channels How to use internet banking based on the number of users • 161 meeting places (-14 vs end of 2024) • 857 recyclers (devices with a pay-in function), all with a contactless reader Google Play – 4.8 App Store – 4.9 28
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Appendices
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89,626 90,373 Q2 24 Q2 25 95,819 98,464 Q2 24 Q2 25 Corporate banking • We serve 584.5 thousand corporate clients, of which: • 460.5 thousand are entrepreneurs • 120.8 thousand are SMEs and mid-corporates • 3.2 thousand are strategic clients • In Q2 2025, our corporate clients using ING Business made 46.7 million transfers (no change y/y), of which 4.5 million were made in mobile banking (+19% y/y) • We have 46.5 thousand payment terminals in total; we processed 17.1 million transactions in Q2 2025 (-1% y/y) • 11,072 stores with an active imoje payment gateway (+18% y/y) • The portfolio of receivables from entrepreneurs increased by PLN 139 million y/y (+2% y/y) to PLN 9.0 billion • The portfolio of receivables from SMEs and mid- corporates increased by PLN 845 million y/y (+2% y/y) to PLN 51.9 billion • The portfolio of receivables from strategic clients increased by PLN 1.7 billion y/y (+5% y/y) to PLN 37.5 billion Deposits (PLN million) Receivables (PLN million) +3% +1%
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Corporate client base 585 thousand companies *Primary clients – clients with a specified number of transactions and an average deposit or credit balance above a specified limit during the last year; the conditions are defined separately for each of the components of the corporate segment (entrepreneurs, medium-sized and large companies and strategic clients). The criteria for qualifying clients for the primary segment have changed since 2025, and the data for 2024 has also been recalculated according to the new methodology. 31 We maintain 468 thousand current accounts for 460 thousand entrepreneurs, of which 99% are Direct accounts 447 450 451 452 460 219 221 223 225 227 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Number of entrepreneurs - total Number of entrepreneurs - primary* +8,6k q/q y/y +13,1k +2k +8k 117.1 118.0 118.4 119.6 120.9 3.41 3.39 3.33 3.27 3.22120.5 121.4 121.7 122.9 124.1 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Number of SME and mid-corporates Number of strategic clients q/q y/y -0,05k -0,19k +1,3k +3,8k
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Corporate receivables *Does not include lease loans. 32 7,089 7,185 7,064 7,165 7,150 37,692 37,975 36,786 37,666 38,559 30,417 30,572 31,994 32,120 32,152 75,198 75,732 75,844 76,951 77,861 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Klienci strategiczni (grupy kapitałowe) Średnie i duże firmy Przedsiębiorcy +4% +1% +0% q/q y/y +6% +2% +2% 0% +1% 1,780 1,795 1,825 1,831 1,856 9,732 9,574 9,627 9,489 9,763 1,995 2,042 1,992 2,031 2,045 13,507 13,411 13,444 13,351 13,664 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Klienci strategiczni (grupy kapitałowe) Średnie i duże firmy Przedsiębiorcy +1% +2% +1% q/q y/y +3% +3% +0% +1% +4% 14 14 14 16 16 3,657 3,562 3,420 3,494 3,604 3,443 3,507 3,426 3,387 3,319 7,114 7,083 6,860 6,897 6,939 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Klienci strategiczni (grupy kapitałowe) Średnie i duże firmy Przedsiębiorcy -2% +1% -2% q/q y/y -4% +3% -1% 0% +14%
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Cash management The number of mobile transfers in ING Business increased by +19% y/y to 4.5 million new corporate clients acquired in Q2 2025 20.3 thousand 13,967 14,727 16,120 14,834 15,473 52,765 52,289 57,054 53,266 53,399 22,894 22,563 19,300 21,284 21,501 89,626 89,579 92,474 89,384 90,373 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Entrepreneurs SME and mid-corporates Strategic clients (capital groups) +1% +1% +1% q/q y/y -6% +0% +1% +4% +11% 10,304 10,835 11,957 10,742 11,251 29,592 29,496 33,620 30,650 31,176 16,412 16,180 15,370 16,269 16,946 56,308 56,511 60,947 57,661 59,373 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Entrepreneurs SME and mid-corporates Strategic clients (capital groups) +5% +3% +4% q/q y/y +3% +2% +5% +5% +9%
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Appendices
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Income statement Consolidated income statement (PLN million) Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 q/q y/y million % million % Net interest income, of which: 2,162 2,042 2,260 2,261 2,211 2,173 -38 -1.7% 131 6.4% Interest income 3,232 3,114 3,356 3,410 3,368 3,453 85 2.5% 339 10.9% Interest expenses -1,070 -1,072 -1,096 -1,149 -1,157 -1,280 -123 10.6% -208 19.4% Net fee and commission income 576 571 582 565 579 584 5 0.9% 13 2.3% Result on trade operations and revaluation 12 81 67 39 114 145 31 27.2% 64 79.0% Net income on instruments measured at fair value through profit or loss and FX result 19 67 52 60 108 171 63 58.3% 104 155.2% The result on the sale of securities measured at amortised cost -6 1 -2 1 1 -4 -5 - -5 - Net income on the sale of securities measured at fair value through other comprehensive income and dividend income 2 11 2 -18 0 12 12 - 1 9.1% Net income on hedge accounting -3 2 15 -4 5 -34 -39 - -36 - Net income on other core activities 3 0 0 25 6 7 1 16.7% 7 - Share in net profit (loss) of associated entities recognised under the equity method 7 8 8 10 9 11 2 22.2% 3 37.5% Income 2,760 2,702 2,917 2,900 2,919 2,920 1 0.0% 218 8.1% Expenses -1,089 -978 -957 -934 -1,202 -1,055 147 -12.2% -77 7.9% Personnel expenses -469 -503 -518 -541 -501 -526 -25 5.0% -23 4.6% Depreciation and amortisation -81 -79 -90 -90 -80 -74 6 -7.5% 5 -6.3% Regulatory expenses -179 0 -1 0 -234 -25 209 -89.3% -25 - Other expenses -360 -396 -348 -303 -387 -430 -43 11.1% -34 8.6% Result before risk costs 1,671 1,724 1,960 1,966 1,717 1,865 148 8.6% 141 8.2% Risk costs including legal cost of risk for FX mortgage loans -197 -318 -348 -173 -209 -193 16 -7.7% 125 -39.3% Retail -34 -53 84 -118 -23 42 65 - 95 - Corporate -163 -265 -432 -55 -186 -235 -49 26.3% 30 -11.3% Tax on certain financial institutions -187 -179 -182 -192 -196 -198 -2 1.0% -19 10.6% Profit (loss) before tax 1,287 1,227 1,430 1,601 1,312 1,474 162 12.3% 247 20.1% Income tax -294 -262 -328 -292 -298 -339 -41 13.8% -77 29.4% Net profit (loss), of which: 993 965 1,102 1,309 1,014 1,135 121 11.9% 170 17.6% Net profit (loss) attributable to the shareholders of ING BSK 993 965 1,102 1,309 1,014 1,135 121 11.9% 170 17.6% Number of shares issued (million) 130.1 130.1 130.1 130.1 130.1 130.1 0.0 0.0% 0.0 0.0% Earnings per share (PLN) – annualised 30.53 29.67 33.88 40.25 31.18 34.90 3.72 11.9% 5.23 17.6% 35
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Consolidated statement of financial position Consolidated statement of financial position (PLN million) Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 q/q y/y million % million % Assets Cash in hand and balances with the Central Bank 7,041 4,508 3,338 8,965 8,361 9,240 8,828 -412 -4.5% 5,490 164.5% Loans and receivables to other banks 19,620 20,231 19,646 18,150 21,635 18,237 23,105 4,868 26.7% 3,459 17.6% Financial assets measured at fair value through profit or loss 2,235 1,983 1,290 1,378 1,927 1,728 1,664 -64 -3.7% 374 29.0% Derivative hedge instruments 208 327 103 92 61 159 47 -112 -70.4% -56 -54.4% Investment securities 56,614 64,439 58,931 54,231 58,992 60,706 56,162 -4544 -7.5% -2769 -4.7% Assets securing liabilities 165 0 1,996 4,495 179 4,805 16,431 11,626 242.0% 14,435 723.2% Loans and other receivables to clients 156,560 158,453 161,411 164,641 166,698 171,863 173,332 1,469 0.9% 11,921 7.4% Non-financial assets 1,495 1,483 1,509 1,466 1,468 1,45,7 1,453 -4 -0.3% -56 -3.7% Income tax assets 1,098 898 686 648 704 607 619 12 2.0% -67 -9.8% Other assets 325 399 368 354 334 365 339 -26 -7.1% -29 -7.9% Total assets 245,361 252,721 249,278 254,420 260,359 269,167 281,980 12,813 4.8% 32,702 13.1% Equity and liabilities Liabilities Liabilities to banks 13,655 13,590 13,877 13,354 15,468 14,595 14,671 76 0.5% 794 5.7% Financial liabilities at fair value through profit or loss 1,822 1,314 974 1,248 1,400 961 839 -122 -12.7% -135 -13.9% Derivative hedge instruments 280 411 149 137 83 172 57 -115 -66.9% -92 -61.7% Liabilities to clients 205,290 214,126 213,541 216,293 219,996 227,994 241,938 13,944 6.1% 28,397 13.3% Liabilities under debt securities issued 404 411 405 914 509 501 509 8 1.6% 104 25.7% Subordinated liabilities 1,526 1,510 1,514 1,501 1,499 1,467 1,487 20 1.4% -27 -1.8% Provisions 542 523 645 640 636 613 589 -24 -3.9% -56 -8.7% Income tax liability 115 17 70 156 17 149 455 306 205.4% 385 550.0% Other liabilities 4,991 3,379 3,930 3,947 3,581 3,906 3,819 -87 -2.2% -111 -2.8% Total liabilities 228,625 235,281 235,105 238,190 243,189 250,358 264,364 14,006 5.6% 29,259 12.4% Equity Share capital 130 130 130 130 130 130 130 0 0.0% 0 0.0% Supplementary capital – share premium account 956 956 956 956 956 956 956 0 0.0% 0 0.0% Revaluation reserve -5,095 -5,379 -5,274 -4,325 -4,699 -4,076 -3,131 945 -23.2% 2,143 -40.6% Retained earnings 20,750 21,744 18,372 19,469 20,783 21,805 19,667 -2138 -9.8% 1,295 7.0% Own shares for the purposes of the incentive programme -5 -11 -11 0 0 -6 -6 0 0.0% 5 -45.5% Equity attributable to shareholders of ING BSK 16,736 17,440 14,173 16,230 17,170 18,809 17,616 -1193 -6.3% 3,443 24.3% Non-controlling interests 0 0 0 0 0 0 0 0 - 0 - Total equity 16,736 17,440 14,173 16,230 17,170 18,809 17,616 -1193 -6.3% 3,443 24.3% Total equity and liabilities 245,361 252,721 249,278 254,420 260,359 269,167 281,980 12,813 4.8% 32,702 13.1% Number of shares issued (million) 130.1 130.1 130.1 130.1 130.1 130.1 130.1 0.0 0.0% 0.0 0.0% Book value per share (PLN) 128.64 134.05 108.94 124.75 131.98 144.57 135.40 -9.17 -6.3% 26.46 24.3% 36
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Income per category 37 2,042 2,260 2,261 2,211 2,173 571 582 565 579 584 89 75 74 129 1632,702 2,917 2,900 2,919 2,920 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Net interest income Net fees and commissions Other income q/q -2% +1% +26% y/y +6% +2% +83% +8% +0% 1,130 1,327 1,300 1,280 1,298 1,572 1,590 1,600 1,639 1,622 2,702 2,917 2,900 2,919 2,920 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Retail banking Corporate banking +8% +0% -1% q/q y/y +3% +1% +15% -1% +6%
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Bank equity and liabilities 38 +13% +5% 23.0 27.1 30.0 27.5 31.9 61.6 59.3 60.2 66.2 73.4 161.4 164.6 166.7 171.9 173.3 3.3 3.3 3.5 3.6 3.3249.3 254.4 260.4 269.2 282.0 .0.0 10.0.0 20.0.0 30.0.0 40.0.0 50.0.0 60.0.0 70.0.0 80.0.0 90.0.0 100.0.0 110.0.0 120.0.0 130.0.0 140.0.0 150.0.0 160.0.0 170.0.0 180.0.0 190.0.0 200.0.0 210.0.0 220.0.0 230.0.0 240.0.0 250.0.0 260.0.0 270.0.0 280.0.0 290.0.0 300.0.0 310.0.0 320.0.0 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Other Loans, corporate bonds and other receivables from customers Securities Loans and other receivables from banks + cash with NBP +11% q/q y/y +19% +16% +39% +1% +7% -10% -1% 67.0 68.7 70.4 72.3 75.1 92.9 93.0 93.1 93.9 95.0 1.6 3.0 3.2 5.6 3.2 161.4 164.6 166.7 171.9 173.3 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Retail banking Corporate banking Other receivables +7% +1% +1% q/q y/y +2% +4% +12% -42% +106% 119.5 120.6 125.7 131.8 133.3 89.6 89.6 92.5 89.4 90.4 4.4 6.1 1.8 6.8 18.3 213.5 216.3 220.0 228.0 241.9 .0.0 50.0.0 100.0.0 150.0.0 200.0.0 250.0.0 300.0.0 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Retail banking Corporate banking Other liabilities +13% +6% +1% +1% +1% +11% +168% +317% q/q y/y 14.2 16.2 17.2 18.8 17.61.5 1.5 1.5 1.5 1.5 213.5 216.3 220.0 228.0 241.9 13.9 13.4 15.5 14.6 14.76.2 7.0 6.2 6.3 6.3249.3 254.4 260.4 269.2 282.0 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Equity Subordinated debt Deposits and other liabilities to clients Liabilities to banks Other +13% +5% +1% -2% -6% +24% +6% +13% q/q y/y +1% +6% -1% +2%
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Capital requirement structure *It may reach the level of 3%-5% after the decisions of i) the European Commission, ii) the European Commission and the European Systemic Risk Board and iii) the European Banking Authority; the 5% level may be exceeded subject to the consent of the European Commission; **In justified cases, it may exceed 2.5%. 39 11.509% 9.509% 8.00% 8.00% 8.00% 8.00% 8.00% 2.50% 2.50% 2.50% 2.50% 2.50% 0.50% 0.50% 1.00% 1.00% 1.00% 0.008% 0.009% 0.009% 0.010% 0.009% 0.31% 0.31% 0.00% 0.00% 0.00% 4.10% 3.66% 4.16% 4.63% 4.15% 15.42% 14.98% 15.67% 16.14% 15.66% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 6.00% 6.00% 6.00% 6.00% 6.00% 2.50% 2.50% 2.50% 2.50% 2.50% 0.50% 0.50% 1.00% 1.00% 1.00% 0.008% 0.009% 0.009% 0.010% 0.009% 0.31% 0.31% 0.00% 0.00% 0.00% 4.88% 4.49% 5.07% 5.59% 5.18% 14.20% 13.81% 14.58% 15.10% 14.69% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Minimum (CRR) Capital conservation buffer (CCB) O-SII buffer (0-2%;OSII) Countercyclical buffer (0-2.5%**; ACB) P2G add-on (0-4.5%) Surplus
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Lending exposure by industry Note: gross credit exposure at amortised cost covering loans, corporate bonds and leasing and factoring receivables. No: Industry Exposure % 1 Wholesale trade 10,426 10.6% 2 Real estate service 8,859 9.0% 3 Financial intermediation 7,272 7.4% 4 Other activity related to business running 6,152 6.2% 5 Land transport and transport via pipelines 5,080 5.2% 6 Constructions 4,220 4.3% 7 Manufacturing 4,113 4.2% 8 Chemicals and chemical goods production 3,818 3.9% 9 Retail trade 3,703 3.8% 10 Renting of equipment 3,279 3.3% 11 Public administration and national defense 2,898 2.9% 12 Post office and telecommunications 2,843 2.9% 13 Manufacture of fabricated metal products 2,740 2.8% 14 Foodstuff and beverage production 2,627 2.7% 15 Wood and paper industry 2,382 2.4% 16 Auxiliary service connected with financial intermediation 2,218 2.3% 17 Power industry 2,086 2.1% 18 Rubber industry 1,947 2.0% 19 Sale, repair and maintenance of motor vehicles 1,915 1.9% 20 Other 19,875 20.2% Total 98,453 100.0% Consolidated approach 30.06.2025 40
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Lending exposure by industry Note: gross credit exposure at amortised cost covering loans, corporate bonds and leasing and factoring receivables plus off-balance sheet exposures. No: Industry Exposure % 1 Wholesale trade 17,373 11.6% 2 Constructions 10,535 7.0% 3 Real estate service 9,716 6.5% 4 Financial intermediation 9,462 6.3% 5 Other activity related to business running 8,751 5.8% 6 Retail trade 6,965 4.6% 7 Land transport and transport via pipelines 6,278 4.2% 8 Manufacturing 5,627 3.7% 9 Public administration and national defense 4,799 3.2% 10 Chemicals and chemical goods production 4,620 3.1% 11 Foodstuff and beverage production 4,571 3.0% 12 Manufacture of fabricated metal products 4,401 2.9% 13 Renting of equipment 4,222 2.8% 14 Power industry 4,040 2.7% 15 Post office and telecommunications 3,575 2.4% 16 Wood and paper industry 3,406 2.3% 17 Rubber industry 3,351 2.2% 18 Sale, repair and maintenance of motor vehicles 3,118 2.1% 19 Information technology and related activities 2,359 1.6% 20 Other 33,238 22.1% Total 150,407 100.0% Consolidated approach 30.06.2025 41
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Appendices
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ING Bank Śląski – who we are 4th largest bank in Poland Key facts • We are a universal bank established in 1989 • We provide comprehensive financial services to retail and corporate clients in all segments • We serve clients through remote channels (including internet and mobile banking) and a network of branches fully equipped with self-service zones • We have 4.7 million retail clients and 585 thousand corporate clients • We employ 7.8 thousand people • We are number four in Poland in terms of the total assets as at the end of Q2 2025 • Entity rating / outlook: A+ / Stable • Short-term rating: F1+ • Viability rating: bbb+ • Shareholder Support Rating: a+ • Long-term rating on the national scale / outlook: AAA (pol) / Stable • Short-term rating on a national scale: F1+ (pol) ING Bank Hipoteczny S.A. 100% ING Usługi dla Biznesu S.A. 100% ING Investment Holding (Polska) S.A. 100% Nowe Usługi S.A. 100% SAIO S.A. 100% Dom Data IDS Sp. z o.o. 40% ING Lease Polska Sp. z o.o. 100% ING Commercial Finance S.A. 100% Paymento Financial S.A. 100% Goldman Sachs TFI S.A. 45% ING Bank Śląski S.A. • Long/short term deposit rating: A2/ P-1; outlook: Stable • Individual BCA Assessment: baa2 • Adjusted BCA Score: baa1 • Counterparty risk assessment long / short term: A1 ( cr) / P-1 (cr) Moody’s Fitch 43
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C/WK 2.3x ING Bank Śląski S.A. shares ING BSK shares vs. WSE indices recalculated for comparability pozostali <5% 13.20% ING Bank NV 75.00% Allianz Polska OFE* 6.62% Nationale Nederlanden PTE** 5.18% *Based on the semi-annual asset structure of Allianz Polska OFE as at 30 June 2025. **Based on the notice from Nationale Nederlanden PTE dated 9 July 2025. The share capital of ING Bank Śląski S.A. is divided into 130,100,000 shares with a nominal value of PLN 1 each. The Bank’s shares are ordinary bearer shares. P/T 8.9x ING BSK share price PLN 311.5 as at 30 June 2025 Capitalisation PLN 40.5 billion EUR 9.6 billion Free float PLN 10.1 billion EUR 2.4 billion ISIN: PLBSK0000017 Bloomberg: ING PW Reuters: INGP.WA 44 0 10 20 30 40 50 60 70 80 200 220 240 260 280 300 320 340 360 Wolumen (tys.) Share price (PLN) Volume ING BSK WIG mWIG40 WIG-Banks +29%
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Selected initiatives ING supports Polenergia and Equinor in the Baltic 2 and Baltic 3 offshore wind projects ING Bank Śląski in the financing consortium for the loan to Światłowód Inwestycje ING announces the finalists of the 7th edition of its Grant Programme ING is supporting Polenergia and Equinor in the development of the offshore wind farms Baltic 2 and Baltic 3, two key infrastructure projects in Poland, by providing financing for both projects. The wind farms, with a total capacity of 1,440 MW, will power 2 million Polish households and significantly increase Poland’s energy security and renewable energy production. Full commercial energy production is planned for 2028. The project has allowed ING to make full use of its international banking network, comprising ING offices in the Netherlands, Poland and Germany, with different sector and product teams specialising in the energy sector, financial markets and structured export finance. ING Bank Śląski has selected 10 finalists for the seventh edition of its Grant Programme. This time, the bank will allocate PLN 1 million for the best solutions that can make cities more sustainable. In each edition of the ING Grant Programme, the bank allocates PLN 1 million for the best solutions to support the Sustainable Development Goals. To date, the bank has already provided PLN 6 million for innovation. The first edition focused on solutions in the area of clean and accessible energy (SDG 7), the second focused on sustainable production and consumption (SDG 12), the third targeted the topic of clean water (SDG 6), the fourth looked for ideas on how to ensure healthy living at every age (SDG 3), the fifth looked for solutions to improve the energy efficiency of buildings (SDG 11) and the sixth ING focused on solutions to support sustainable food production (SDG 15). ING Bank Śląski S.A. has joined a financial consortium to provide a PLN 3.7 billion loan to Światłowód Inwestycje (“S-I”), the largest exclusively wholesale telecoms operator of fibre optic infrastructure in Poland. Thanks to the funding obtained, another 700 thousand Polish households will gain access to high-speed internet, and by 2032 the S-I fibre-optic network will cover 3.1 million households. ING Bank Śląski is also one of the providers of interest rate hedging for the transaction. ING Bank N.V. was involved in the transaction as debt advisor and sustainability coordinator. More information More information More information 45 ING with funding for Frontex, the European Border and Coast Guard Agency More information ING Bank Slaski and Frontex, the European Border and Coast Guard Agency, have signed a bilateral loan agreement totalling EUR 215.7 million to finance the construction of their headquarters in Warsaw. This is the first funding of its kind in Poland. Frontex plays a key role in the protection of the European Union’s external borders. Its activities promote security, stability and freedom of movement throughout Europe. ING, as the sole financing partner for this project of EUR 215.7 million, not only enables the realisation of a modern and functional infrastructure, but above all actively supports the building of the foundations for a safe and strong Europe.
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Our dividend policy 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023* 2024 Dividend yield (%) DPS (PLN) Data prior to the November 2011 stock split (1:10) adjusted accordingly; dividend yield as at the dividend date. *Including: Including: PLN 3,330.5 million from the profit earned by the Bank in 2023, which constitutes 75% of the standalone and consolidated profit of ING Bank Śląski S.A. for 2023, and PLN 1,008.3 million from the reserve capital intended for dividend payment. The amount of PLN 1,008.3 million consists of: PLN 494.4 million of profit for 2019 and PLN 513.9 million of profit for 2022. 46 The key assumptions of the ING Bank Śląski S.A. Dividend Policy: ING Bank Śląski S.A. endorses in the foreseeable future a stable process of dividend payout up to 50% of a yearly net profit of the Bank, in adherence to the rules of prudent management and any and all regulatory requirements which the Bank shall comply with and taking into account the adopted Best Practice for WSE Listed Companies 2021. A proposal to pay a dividend in the amount higher than the dividend ratio referred to above is possible when it is justified by the financial standing of the Bank (e.g. from undivided profit from previous years) and provided that all other requirements set out in the law and the Policy are met. The Dividend Policy endorses the option to pay dividend from the capital surplus over the minimum capital adequacy ratios and over the minimum capital ratios set for the Bank by the PFSA for dividend payout purposes: minimum common equity Tier 1 (CET1) at the level of 4.5% + combined buffer requirement[1], minimum Tier 1 (T1) at the level of 6.0% + combined buffer requirement[1], minimum total capital ratios (TCR) at the level of 8.0% + combined buffer requirement[1], where the footnote [1] means the combined buffer requirement binding in the year of dividend payment. When deciding on the proposed amount of dividend payout, the Bank Management Board considers Polish Financial Supervision Authority’s stance on the banks’ dividend policy, which is subject to official announcement, as well as the following terms and conditions: the current financial standing of the Bank and the Bank Group, including limitations in the case of sustaining a financial loss or low profitability (low ROA/ROE), Bank's and Bank Group’s assumptions of the management strategy and risk management strategy, limitations under Article 56 of the Act on macroprudential supervision over the financial system and crisis management in the financial system of 5 August 2015, the need to adjust profit of the present period or unapproved annual profit recognised as own funds with foreseeable dividends, according to Article 26 of the EU Regulation No. 575/2013, macroeconomic environment.
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Glossary – simplified definitions of terms used in the presentation 47 LCR Liquidity Coverage Ratio Computed as a ratio of high-liquid assets to short-term liabilities. It is introduced in stages. The minimum value is 100% starting from 2018. Retail clients – individuals. Corporate clients – entrepreneurs, SMEs, mid-corporates and strategic clients (holdings). • Entrepreneurs – with an annual turnover not exceeding PLN 10 million. • SMEs – corporates with an annual turnover between PLN 10 million and PLN 80 million. • Mid-corporates – corporates with an annual turnover between PLN 80 million and PLN 1 billion. • Strategic clients – holdings with an annual turnover over PLN 1 billion. NIM – Net Interest Margin – the ratio of net interest income to the average value of interest earning assets (incl. loans, bonds) as at the end of the quarters in a given period (five quarters for cumulative margin and two quarters for quarterly margin). MREL Minimum Requirement for own funds and Eligible Liabilities (MREL) – minimum level of own funds and liabilities subject to write down or conversion. The institution transposed into Polish law under the Act on the Bank Guarantee Fund, Deposit Guarantee Scheme and Resolution of 10 June 2016. NSFR Net Stable Funding Ratio. It is computed as the ratio of available stable funding to required stable funding. The minimum value (effective from the end of June 2021) is 100%. C/I ratio – ratio of the indicated cost category to the bank’s income (including the share in the net profit of associated entities). Cost of risk – the balance of provisions created and released due to the impairment on the value/quality of the bank’s financial assets (e.g. loans) including legal cost of risk for FX mortgage loans to the average value of gross loans. Provisioning ratio – the ratio of provisions established to impaired loans as part of Stage 3 loans. Bank tax – tax from certain financial institutions; in the case of banks it is paid monthly on the surplus of assets over own funds, treasury bonds and fixed level of PLN 4 billion; the tax rate is 0.0366% monthly (0.44% annually). ROA – Return on Assets – the ratio of net profit to the average assets in a given period. ROE – Return on Equity – the ratio of net profit to the average equity in a given period. L/D ratio – loan to deposit ratio; the ratio describing what portion of deposits was used to fund lending. MCFH Macro Cash Flow Hedge; revaluation reserve from measurement of cash flow hedging instruments. RWA Risk weighted assets – the sum of assets multiplied by the risk weights of a given asset category. Tier 1 ratio – the ratio of Tier 1 capital (the capital of the highest quality) to the bank’s risk weighted assets. TCR Total capital ratio – the ratio of total own funds (including subordinated debt (so-called Tier 2)) to the bank’s risk weighted assets. Definitions of terms used on the slide with the implementation of selected strategic objectives: Organisational Health Index – part of the full Organisational Health Index survey; determines the health of an organisation based on its performance in 9 health areas (including Strategy, Leadership, Innovation, Work Environment). The full Organisational Health Index survey is conducted twice a year. eNPS / employees rate the bank as an employer – determines the employee’s level of job satisfaction – "Would you recommend this place of work to family or friends?". eNPS / employees rate the bank as clients – determines how likely our employees are to recommend their family and friends to become ING clients.
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Contact details Calendar for 2025 Report for Q4 2024 (preliminary data) Annual report for 2024 Ordinary General Meeting Dividend record day Report for Q1 2025 Dividend payout day Report for Q2 2025 Report for Q3 2025 6 February 7 March 29 April 6 May 8 May 12 May 31 July 30 October Iza Rokicka Head of Investor Relations, ESG Reporting and Market Research Bureau +48 887 611 162 iza.rokicka@ing.pl ING Bank Śląski S.A. ul. Pulawska 2 02-566 Warsaw investor@ing.pl 48
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Investor Information ING Bank Śląski S.A. prepares the financial statements under the International Accounting Standards (IAS) adopted by the European Union (IFRS-EU). The financial information presented in this document has been prepared based on the same accounting principles as applied in the ING Bank Śląski S.A. Annual Report. All figures in this document are unaudited. Minor differences in figures are possible. Minor differences in figures are possible. Certain statements contained herein are not historical facts; some of them in particular are forecasts and future expectations that are based on current views and assumptions of the Bank Management Board and that involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from data contained or implied in such statements due to the following: (1) changes in general economic conditions, (2) changes in performance of financial markets, (3) changes in the availability of, and costs associated with, sources of liquidity such as interbank funding, as well as conditions in the credit markets generally, including changes in borrower and counterparty creditworthiness, (4) changes affecting interest rate levels, (5) changes affecting FX rates, (6) changes in general competitive factors, (7) changes in laws and regulations, (8) changes in the policies of governments and/or regulatory authorities, and (9) conclusions with regard to acquisition accounting assumptions and methodologies. ING Bank Śląski S.A. assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason. www.ing.pl