Slides
Page 1
Financial results of Santander Bank Polska Group for 1-3Q 2025 Investor Relations Warsaw 29/10/2025
Page 2
Agenda 2 Index Results 1-3Q 2025 1. Our activities and our people 2. Our business development 3. Our customers 4. Our financial results More information 5. Attachments
Page 3
01 Our activities and our people
Page 4
01 | Marketing Our communication At Santander Bank Polska, we have been close to our customers for many years. We support our customers in important matters and daily challenges so that they can focus on what really matters to them. 360 campaigns – ATL, digital and social media This year, we have run campaigns targeting the Mass, Young and SME segments. Campaigns targeting the Mass segment: in campaigns addressed to the Mass customer segment, we continue our Santander-supports-important-matters communication. In the mobile application campaign, we promoted free of charge instant transfers and during the last campaign “Savings support important matters”, we advertised our special interest rate of 6% for Multi Savings Account. Since June, the account for teenagers has been on special offer with the campaign addressed to parents and since August we have taken actions to support account opening with the ID authentication via mObywatel gov app. Campaigns targeting the Young segment: the campaigns under the strap-line "Dobrze się zaczyna" (It starts well), we show how our products and functionalities can make the daily important matters easier for the young. Campaigns are run with the ambassador of the Young segment – Przemek PRO. Campaigns targeting the SME segment: • Free-of-charge business account and many tools that come in handy when you run your business. We depict the hardship and the pride as well as satisfaction from running your own business. • Educational campaign for new entrepreneurs who want to start or grow their business. This is the second series of webinars evidencing that Santander is the market expert in business customer service. Communication is run in social media, influencer marketing, perfo, content and the radio in liaison with money.pl 4 Digital & Social media initiatives Our social media include 9 profiles on 5 social media platforms (Facebook, Instagram, Tik Tok, YouTube, LinkedIn). They have gathered 500 thousand followers in total and and reached nearly 20 million users in 6 months. • We ran the following additional campaigns: o Specific image targets – reach, engagement, displays, views. These activities have enabled us to systematically build and develop a community following us on the bank's profiles,, including the viral RTm on TikTok featuring Bobrito Santanderito – the cute Beaver who has become our informal ambassador among our employees. o Advertisements of the account for teenagers – communication addressed both to teenagers aged 13-17 and parents of children aged 7-17 – in cooperation with ambassador Przemek PRO and promotional activities on platforms such as TikTok, Instagram, Snapchat and YouTube and with rich media formats engaging the audience. We have also reached parents via Librus, an interactive student info system. o Account with mObywatel government app on special offer– image building activities on Digital and SoMe platforms. o Santander Letnie Brzmienia summer music festival – tickets sold with 20% discount in the mobile app, the festival card on special offer, with geotrapping in use – advertisements targeted at festival participants, line-up advertising. All concerts and their social media coverage are now part of history. o Entrepreneur Week – value proposition for SME customers, including a fuel discount, a cyber security competition, a charity event and video podcasts about AI tools on YT. o Santander Work Cafe – building the awareness and promoting the image of branches with a free co-working area among entrepreneurs and students via Google tools. o Santander Open Academy – during the two-month campaign, we gathered (as planned) 50,000 applications for language courses using Meta, YouTube and digital channels. o Campaigns promoting investments and Credit Card Lottery– we supported business units in the special offer for Investments from PLN 200 in the mobile app as well as the Summer Credit Card Lottery in digital and SoMe channels. Well selected target groups and engaging communications facilitated superb performance in digital and social media.
Page 5
Our people 01 | Our actions and our people 5 Development and training ▪ We prepared and launched a new training programme for employees to expand their data analysis skills. ▪ We implemented comprehensive leadership transformation activities, including development programmes and tools that strengthen leaders’ skills. We launched a development programme related to the role of AI in the lives of leaders. Health, Safety and Wellbeing ▪ As part of a series on health promotion and healthy habits, educational materials were prepared and meetings with experts were organised. ▪ September was a month of education on wellbeing pillars at the Bank. Each week was dedicated to a different theme: physical health, mental health, healthy relationships and healthy finances. Activities included webinars, articles, and a chess tournament with the participation of hobby clubs. Corporate culture ▪ In September, the “Great Place to Work” employee opinion survey was conducted. The Bank received this prestigious certificate for the third time in a row! ▪ In the third quarter, a number of initiatives were implemented supporting the development of an inclusive corporate culture. As part of educational activities for employees, webinars were held on the subject of partnership in parenting and the role of men in the context of contemporary challenges. ▪ Content was published to promote openness and diversity in the workplace, including an inclusive language guide. ▪ Activities supporting the development of employee networks were continued, focusing on strengthening their engagement and visibility. Improving employee experience • Based on the survey into the needs and experiences of employees with the Total Experience (TX) methodology implemented as part of the strategy, we updated key standards and tools, where employee experience (EX) is as important as customer experience (CX).
Page 6
Our business development 02
Page 7
General operational data 02 | Results for 1-3Q 2025 – Our business development Key volumes Branches Santander Bank Polska Group 308* 31 10.8k 1.3k Employment Customers Market share 30.09.2025 249bn Gross loans Customer funds Deposits Assets 221bn 317bn 165bn 7 Digital Customers 6.1m 1.4m 3.9m 0.7m * SBP – Santander Bank Polska own branches excluding 8 Santander Zones (acquisition stands). Grupa SCB 11.3% 10.1% 12.8%** 11.0%**
Page 8
Key financial results 02 | Results for 1-3Q 2025 – Our business development Financial ratios Capital position Safe liquidity position Net interest income PLN 9 549m +5% YoY PLN 2 197m +5% YoY PLN 12 008m +6% YoY PLN 4 892m +13% YoY Comparable net profit +5% YoY Net fee and commission Total income PAT Key results Liquidity position 8 * In this presentation, we discuss the financial results from continuing operations presented in the Group's Financial Statem ents for 1-3Q 2025. ** ROE: profit attributable to the parent’s shareholders (for four consecutive quarters) to average equity (as at the end of the current reporting period and the end of previous year), excluding net of non-controlling interests, current period profit, dividend reserve. *** LCR including discontinued operations. On a comparable basis, i.e. after excluding the following continued operations: from 2025 profits: • Cost of legal risk attached to mortgage loans in foreign currencies - PLN 987m • Contributions to the BFG guarantee and resolution fund - PLN 334m (including PLN 63m for guarantee fund) and from 2024 profit: • Cost of legal risk attached to mortgage loans in foreign currencies - PLN 1 099m • Contributions to the BFG guarantee and resolution fund - PLN 233m. • One-off adjustment for payment holidays for PLN mortgage borrowers in 2024 subject to specific eligibility criteria PLN 134,5m. • Rise in expected credit loss allowances resulting from the extension of quantitative criteria for identifying a significant increase in credit risk and determining the classification of exposures to Stage 2 PLN 124.5m. TCR 19,80% CET1 19,14% ROE ROA 2,0% 72,7% 70,8% 21,6%** ROE, ROA for continued operations : Group L/D SBP L/D 203,95% Group LCR*** ROE, ROA including discontinued operations: ROE ROA 1,8% 20,3%** TCR 18,06% CET1 17,38% for continued operations (pro forma): including discontinued operations: Strong capital position, well above the KNF requirements
Page 9
Our customers 03
Page 10
Our customers in numbers* 03 | Results for 1-3Q 2025 – Our customers 10* Only Santander Bank Polska S.A. 6.5k Mobile customers 22.1k Digital customers 27.7k customers 0% YoY +1% YoY +11% YoY Corporate customers 106m mobile banking transactions in Q3 3.0m mobile customers 3.5m digital customers 5.5m customers +1% YoY +6% YoY +9% YoY +17% YoY Retail customers 3.3m mobile banking transactions in Q3 260k mobile customers 405k digital customers 560k customers +6% YoY +6% YoY +16% YoY +24% YoY SME customers 420k customers +18% YoY
Page 11
New products and services 03 | Results for 1-3Q 2025 – Our customers 11 Corporate customers ▪ Continuation of digitization and development projects aimed at deliveringthe highest quality service to clients. Implementation of artificial intelligenceinitiatives: effortsto enhance the potentialof the data ecosystemand deploy generative AI solutions, with a focuson informedand ethicaluse of the technology. Release of an AI-powered dictionary designed to help easily and quickly update address data of our clients’contractors. Retail customers SME customers ▪ We launchedtemporarycashloanofferswith attractive interest rates for both customers with and without a loan. ▪ We introducedthe ”HolidayDeposit”(4% for3 months) and the AutumnDeposit(3.5% for3 months). ▪ For affluent customers, we launched the structured deposit”StabilnaPara4”,with the underlyingbeingthe EUR/PLNexchangeratepublishedby the NationalBank of Poland. ▪ We launchedthe ”SantanderPrestiżDłużnyDolarowy” InvestmentFund(debtfundin USD). ▪ We introducedspecialcreditoffers,including: - salesof the BiznesEkspresEBIloan, - ”Summer with a business loan” with a reduced commission(up to 0%), - reduced fees for loans with ARiMR interest subsidiesand loans with partialrepaymentof ESG capital, - reducedoriginationfees for loans granted to take overexposurefromotherbanks. ▪ We launchedpromotions,including: - PLN 0 business account for sole traders and farmers – with no account management fees or selectedbankingactivities,indefinitely, - 15% discount when purchasing Moja Firma insurance.
Page 12
Education and support for customers 03 | Results for 1-3Q 2025 – Our customers 12 BCB customers ▪ We implemented further improvements in the Corporate Lending Platform (CLP) aimed at acceleratingthe creditprocess. Many stagesof the creditprocesswere automated,resultingin faster creditdecisionsandminimizedriskof errors. ▪ We introduced new changes in the iBiznes24 system. Clients have to new functionalitiesand improvedusabilityof the mobileapplication. New moduleswereaddedtoenhanceuserexperience. ▪ For theninthtimein a row,ourDealerswontheMinistryof Financeranking,confirmingthat our Divisionmaintainsits leadingpositionon thePolishbondmarket. ▪ In the first half of 2025, we issued more than 170 stock recommendationsintheCEEregion. ▪ We began tradingin treasurybonds and achievedabove- averageresultsin thesubscriptionofstructureddeposits. CIB customers Retail Customers SME Customers ▪ We simplified the Smart Loan process with a civil guarantee instead of a promissory note with a guarantee, with the option of remote signing using a single-use qualified electronic signature. ▪ We launched multi-currency support for corporate cards – corporate customers can link their debit cards issued for PLN accounts to foreign currency accounts and open online banking accounts in 15 different currencies. ▪ We made it possible to request certificates from online and mobile banking (e.g. account ownership, deposit history, account turnover , and timely repayment of liabilities). ▪ We expandedthe accountopeningprocessfor young customers aged 7-12 – parents can immediately activateSantanderservicesonlinefortheirchild. ▪ Weimplementeda QR codeaccountsalesprocess. ▪ We ran a campaignfor teenagersat the beginningof the school year ,"Smart Saving from the Start" – teachingyoungpeoplehowtosave. ▪ Welaunchedthefirst10 euro-denominatedATMs. ▪ We continued our educational activities on safe bankingandcybersecurity. ▪ We offer a range of free training courses through Santander Open Academy to support personal and professionaldevelopment.
Page 13
Selected business data 03 | Results for 1-3Q 2025 – Our customers 13 BCB customers +8% YoY +11% YoY +11% YoY +15% YoY Strong results in sales of credit facilities. Credit and deposit volumes growing yoy. Growth in Customer activity in digital channels. Growing volume of green financing. Loans volumes Deposits volumens Number of mobile clients Income on eFX platform CIB Customers Income from Treasury Services Department +15% YoY +56% YoY Income from Equity Capital Markets service +36% YoY Income from Institutional Clients Department Income from Trade Finance Office We are in active dialogue with the Bank's key customers, continuing to implement Responsible Banking commitments, acting in accordance with the adopted strategy. +13% YoY Retail customers 4.8m +18% YoY Select segment customers 30.09.2025 Cash and Mortgage Loans sales growth. Dynamic growth in the number of Select segment customers. Mortgage loans net sales in 2025 YTD PLN 7.2bnPLN 9.3bn Cash loans sales in 2025 YTD SME Customers SME financing (sales of loans and leasing) growth. Personal accounts portfolio 30.09.2025 PLN 3.5bnPLN 3.9bn Leasing sales in 2025 YTD Loans sales in 2025 YTD E2E digital loans sales in 2025 YTD +171% PLN 95mln ePożyczka sales in 2025 YTD
Page 14
Results for 1-3Q 2025 Our financial performance 04
Page 15
88 419 88 814 89 290 77 268 78 671 13 416 13 900 89 556 91 602 92 308 86 048 86 151 8 014 8 401 30.09.2024 31.12.2024 31.03.2025 30.06.2025 30.09.2025 Personal Personal incl.dis. oper. Business Business incl.dis. oper. Gross loans 15 04 | Results for 1-3Q 2025 – Our financial performance Santander Bank Polska S.A. ◼ The loan portfolio increased by 5% YoY* and +1%QoQ. ◼ Mortgage loan sales in Q3’25: +42% vs. Q3’24; ◼ Cash loan sales in Q3’25: +9% vs. Q3’24; ◼ CHF mortgage loans: -93% YoY* (-93% YoY in PLN) ◼ SME loans (including leasing and factoring): +5% YoY and +2% QoQ and BCB loans: +8% YoY and +2% QoQ ◼ CIB loans (including leasing and factoring): -3% YoY and -6% QoQ. Discontinued operations - Santander Consumer Bank ◼ SCB gross loans: PLN22.3bn (+11% YoY and +4% QoQ) Comment * Including Santander Consumer Bank Group.Data pro forma. 11% 32% 11% 13% 33% CIB BCB SME Non-mortgage personal loans Mortgage loans PLNm +5%* Total PLN 165bn Gross loans - structureGross loans Gross loans 30.09.2025* 30.09.2025 30.09.2024 YoY(%)* QoQ (%)* Personal portfolio 92 571 78 671 88 419 5% 2% Business portfolio 94 551 86 151 89 556 6% 0% Total 187 122 164 822 177 975 5% 1% PLNm 181 527 187 122*184 746*177 975 180 346
Page 16
Customer funds 04 | Results for 1-3Q 2025 – Our financial performance ◼ Deposits +9% YoY and stable QoQ. ◼ In the third quarter, there was a slight decline in deposits from individual customers by 2%. Current deposits decreased by 4% QoQ due to lower balance on saving accounts, while term deposits recorded a balance increase of 3.3% compared to the end of June 2025. ◼ Corporate deposits in Q3 increased by 2%: term deposits rose by 8%, while current deposits remained at the same level. ◼ Share of term deposits in total deposits stable at 28% ◼ Investment funds reached PLN 28.6bn at the end of September, up 23% YoY and 8% compared to the end of the previous quarter. ◼ The Group's total client funds at the end September 2025 amounted to PLN 249,5 bn. Discontinued operations - Santander Consumer Bank Deposits: PLN 16.7bn (+7% YoY and +2% QoQ) 16 Comment 18% 38%10% 30% 4% Personal term deposits Personal current deposits Business term deposits Business current deposits Other Deposits - structure Total PLN 221bn PLNm +9%* PLNm Deposits Deposits 30.09.2025* 30.09.2025 30.09.2024 YoY (%)* QoQ (%)* Personal 132 821 122 540 124 378 7% -2% Business 104 896 98 407 93 391 12% 2% Total 237 718 220 947 217 770 9% 0% * Including Santander Consumer Bank Group.Data pro forma. 237 718*237 547*232 029 237 079217 770 124 378 127 765 131 562 124 864 122 540 10 319 10 282 93 391 104 264 105 517 96 176 98 407 6 188 6 489 30.09.2024 31.12.2024 31.03.2025 30.06.2025 30.09.2025 Personal Personal incl.dis. oper. Business Business incl.dis. oper.
Page 17
3 157 3 201 3 176 3 178 3 195 419 424 422 441 458 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 SBP SCB Net interest income and net interest margin 17 04 | Results for 1-3Q 2025 – Our financial performance PLN m ◼ In 1–3Q 2025, the interest income amounted to PLN 9.5bn, representing a 5% increase year-on-year. In Q3 2025 alone, it increased by 0.5% compared to the previous quarter. ◼ On an annual basis, interest income grew by 6%, while interest expenses increased by 7% year-on-year. On a quarterly basis, interest income decreased by 3% and interest expenses by 11%. ◼ The net interest margin on continuing operations amounted to 4.88% in Q3 2025 and remains stable compared to previous quarters despite changes in market interest rates. Discontinued Operations - Santander Consumer Bank Net interest income in 1-3Q 2025 amounted to PLN 1 322m, an increase of 12% YoY. In Q3 2025 alone, it increased by 4% compared to the previous quarter. Net interest income Net interest margin Comment The calculation of the net interest margin of Santander Bank Polska S.A. includes the allocation of swap points from derivati ve instruments used for liquidity management but excludes interest income from the portfolio of debt securities held for trading and other trading exposures. * Including Santander Consumer Bank Group. 5.37% 5.27% 5.14% 5.04%* 5.03%* 4.94% 4.89% 4.88% Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 NIM NIM for continued operations 3 625 3 619* 3 653*3 576 3 598
Page 18
1-3Q 2025 1-3Q 2024 YoY (%) QoQ (%) Cards 298 293 2% -5% Transactional 957 920 4% 3% Loans + insurance 383 389 -2% -12% Capital markets* 410 338 21% -8% Other 149 148 1% 11% Total 2 197 2 087 5% -3% Net fee and commission income 04 | Results for 1-3Q 2025 – Our financial performance ◼ In 1-3Q 2025, net fee and commission income amounted to PLN 2.2bn and increased by 5% YoY and decreased by 3% QoQ. ◼ The result for Q3 2025 was 3% higher than the result for Q3 2024. ◼ In 1-3Q 2025, strong results were recorded in asset management fees (+18% YoY), insurance fees (+5% YoY), foreign exchange fees (+6% YoY), and brokerage activity fees (+21% YoY). ◼ On a quarterly basis, solid results were achieved in foreign exchange fees (+2% QoQ), insurance fees (+7% QoQ, and asset management fees (+9% QoQ). Discontinued operations - Santander Consumer Bank ◼ SCB net fee and commission income in 1-3Q 2025 amounted to PLN 70m, a 27% decrease YoY due to securitisation costs. Net fee and commission income Net fee and commission income 18 Comment PLNm PLN m 690 744728695 +5% 702 725 +8% +3% 96 97 100 98 103 98 300 314 306 312 318 327 137 117 134 137 131 115 118 109 111 128 147 135 44 54 50 54 45 50 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Cards Transactional Loan + Insurance Capital market fees Other
Page 19
1-3Q 2025 1-3Q 2024 YoY (%) QoQ (%) Net interest income 9 549 9 068 5% 1% Net fee and commission income 2 197 2 087 5% -3% Total 11 746 11 155 5% 0% Gains/ losses on financial activities 204 169 21% -39% Dividends 16 12 29% - Other income items 42 44 -2% -25% Total income 12 008 11 380 6% -1% 04 | Results for 1-3Q 2025 – Our financial performance Income ◼ The Group's total income in 1-3Q 2025 amounted to PLN 12bn and increased by 6% YoY while on quarterly basis, it slightly decreased by 1% QoQ. ◼ Higher net interest income by 5% YoY and higher net fee and commission income by 5% YoY. ◼ Income from other activities increased by 17% YoY. On an annual basis, the increase was due to higher profits from financial activities and lower costs of settlements with clients holding foreign currency mortgage loans, recorded under ’Gain/loss on derecognition of financial instruments measured at amortised cost’. In quarterly terms, the bank recorded a lower result on financial activities. ◼ Trading result and revaluation increased by 30% YoY to PLN 193m, driven by the combined result from transactions in debt and equity financial assets measured at fair value through profit or loss, due to increased market making activity of the Santander Brokerage in equity instruments. Discontinued Operations - Santander Consumer Bank Total revenues in 1-3Q 2025 amounted to PLN 1 456m, an increase of 10% YoY, mainly due to higher interest income. PLNm IncomeComment PLNm 19 3 9573 691 4 054 3 9983 9553 734 3 016 2 895 3 157 3 176 3 178 3 195 695 690 702 728 744 72522 106 97 53 132 78 Q1 2024 Q2 2024 Q2 2025 Q1 2025 Q2 2025 Q3 2025 Net Interest Income Fees Other
Page 20
1-3Q 2025 1-3Q 2024 YoY (%) QoQ (%) Administrative and staff expenses (3 099) (2 872) 8% 2% Staff expenses (1 682) (1 598) 5% 7% Administrative expenses (1 418) (1 275) 11% -6% Amortisation/depreciation + other (509) (479) 6% 4% Total costs (3 608) (3 352) 8% 2% Operating expenses 04 | Results for 1-3Q 2025 – Our financial performance Operating expenses PLNm 20 Comment PLN m ◼ Total costs in 1-3Q 2025 amounted to PLN 3.6bn, an increase of 8% YoY. This is primarily due to higher Bank Guarantee Fund (BFG) fees – PLN 334m in 1-3Q 2025 compared to PLN 233m in the 1-3Q 2024. ◼ Excluding regulatory costs, total costs increased by 5% YoY, primarily due to inflation, salary increases, and higher service costs. ◼ Compared to the previous quarter, total costs increased by 2%. ◼ Staff costs increased by 5% YoY and by 7% QoQ. ◼ Excluding regulatory costs, administrative costs increased by 4% YoY and decreased by 7% compared to the previous quarter (IT, marketing and external services). ◼ The annual cost dynamics in Q3 alone remains at low level of 3%. ◼ The Group's C/I ratio was 30.0% in 1-3Q 2025 compared to 29.5% in 1-3Q 2024. The ratios for the Bank were 28.7% and 29.4%, respectively. Discontinued Operations - Santander Consumer Bank Total costs in 1-3Q 2025 amounted to PLN 513m and increased by 11% YoY. 504 514 580 542 551 589 516 414 344 656 393 369 134 133 137 144 145 151 18 25 33 26 21 22 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Staff Costs Administrative Expenses Amortisation 1 172 1 086 1 367 1 110 1 1311 093
Page 21
195 78 120 123 196 102 -3 132 52 103 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Santander Bank Polska SCB Provisions and credit portfolio quality 04 | Results for 1-3Q 2025 – Our financial performance Cost of credit risk Net provisions NPL and NPL coverage ratio 21 PLN m Including POCI – purchased or originated credit-impaired assets *For continued and discontinued operations. 0.69% 0.58% 0.57% 0.45%* 0.45%* 0.33% 0.33%* Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 4.8% 4.4% 4.3% 4.2%* 4.3* 3.9% 4.0% 30.09.2024 31.12.2024 31.03.2025 30.06.2025 30.09.2025 53.9% 51.0% 51.3% 51.3% 52.3% 45.3%* 46.20%* 30.09.2024 31.12.2024 31.03.2025 30.06.2025 30.09.2025
Page 22
Banking tax and regulatory costs 04 | Results for 1-3Q 2025 – Our financial performance NPL sales Banking tax Pursuant to the Act of 1 February 2016 on tax imposed on certain financial institutions, bank assets are subject to a tax of 0.0366% per month. In 2025, the total tax charged to Santander Bank Polska S.A. in this respect was PLN 620m. In SCB PLN 30m. Resolution fund*: • 2025 SBP PLN 272m, SCB PLN 12m • 2024 SBP PLN 233m, SCB PLN 17m Amounts payable to the BGF, PFSA, KDPW, IPS and BSF NPL sales SBP 2025: NPL sales: PLN 398m, impact on PBT: PLN 89 SCB 2025: NPL sales: PLN 408m, impact on PBT: PLN 56m PLN m PLN m Impact of NPL sales on PBT PLN m 22 184 68 13 10 303 32 35 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 81 203 120 524 107 194 98 219 189 307 265 143 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 SBP SCB 11 64 24 28 17 43 29 42 9 71 45 11 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 SBP SCB
Page 23
Results for 1-3Q 2025 04 | Results for 1-3Q 2025 – Our financial performance PLN m 23 Comment Results for 1-3Q 2025 ▪ Gross profit in 1-3Q 2025 amounted to PLN 6.4bn (+11% YoY), and net profit to PLN 4.9bn (+13% YoY). ▪ In 1-3Q 2025, net interest and commission income increased by 5% YoY. ▪ In 1-3Q 2025, income increased by 6% YoY. ▪ Cost-to-income ratio at 30.0%. Costs in Q3 2025 alone slightly higher on Q3 2024. ▪ Cost of credit risk 0.33%. ▪ Effective tax rate influenced by regulatory costs and the cost of legal risk attached to foreign currency mortgage loans. ▪ Given the sale of 60% of Santander Consumer Bank, net profit from discontinued operations was impacted by the deferred tax liability. 1-3Q 2025 1-3Q 2024 YoY Net interest and fee income 11 746 11 155 5% Gross income 12 008 11 380 6% Total costs -3 608 -3 352 8% Credit impairment allowances -440 -644 -32% Cost of legal risk associated with foreign currency mortgage loans -987 -1 099 -10% Tax on financial institutions -621 -574 8% PBT 6 439 5 783 11% CIT -1 495 -1 405 6% Profit of SBP shareholders – continued operations 4 892 4 336 13% Profit of SBP shareholders – discontinued operations ( 251) ( 37) Profit of SBP shareholders – continued and discontinued operations 4 640 4 299 8% Effective tax rate 23.2% 24.3%
Page 24
Attachments 05
Page 25
Retail Banking - growth in lending activity Santander Bank Polska only (excluding SCB). 05 | Attachments 25 PLNm Mortgage loans and advances portfolio (gross) ◼ Cash loan sales: +9% Q3 2025 / Q3 2024 ◼ Mortgage loan sales: +42% Q3 2025 / Q3 2024 Cash loans portfolio (gross) Cash loans – sales Mortgage loans – sales by disbursements +6,5% +3% ◼ PLN mortgage loans portfolio +4% YoY ◼ FX mortgage loans portfolio: -41% YoY ◼ SME financing sales: +5% Q32025 / Q3 2024 SME financing portfolio (Loans & Leasing) (gross) SME financing (Loans & Leasing) - sales +5% 53 175 53 608 53 639 54 345 55 264 1 497 1 147 948 946 883 30.09.2024 31.12.2024 31.03.2025 30.06.2025 30.09.2025 FX PLN 3 040 2 872 2 921 3 087 3 314 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 2 203 1 942 1 619 2 426 3 122 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 17 821 18 012 18 309 18 584 18 978 30.09.2024 31.12.2024 31.03.2025 30.06.2025 30.09.2025 2 299 2 483 2 462 2 591 2 422 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 17 687 17 572 17 813 18 268 18 558 30.09.2024 31.12.2024 31.03.2025 30.06.2025 30.09.2025 54 672 54 756 54 587 55 291 56 147
Page 26
05 | Attachments 26 Santander Leasing 15 190 15 534 15 724 16 249 16 572 30.09.2024 31.12.2024 31.03.2025 31.06.2025 30.09.2025 +9% Portfolio PLNm 7,81%* *As at 30/08/2025 Market share ▪ Leasing portfolio: PLN 16.5bn, +9% YoY ▪ Excellent result in financing green investments – an increase of 45% YoY, investments value PLN: 653m ▪ Dynamics of financing customers from the SME segment +10% YoY, investments value PLN: 4.4bn
Page 27
05 | Attachments Santander Factoring 27 Santander Factoring 11% Market sharePortfolio Turnover PLNm PLNm ◼ Santander Factoring led on the market in terms of the balance sheet in Q3 2025, with 12% growth in balances YoY. ◼ Santander Factoring ranks the second in payables financing (16% market share). ◼ The Polish factoring market increased by 11% YoY while Santander Factoring grew by 8% YoY after Q3 2025. ◼ Santander Factoring won third place in the Forbes monthly ranking Forbes Diamonds 2025 in March 2025. Forbes Diamonds are awarded to dynamically developing companies with stable financial situation. * Data as at 30/09/2025 34 617 47 256 12 558 24 751 37 456 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 +12% +8% 7 819 8 704 8 842 9 045 8 771 30.09.2024 31.12.2024 31.03.2025 30.06.2025 30.09.2025
Page 28
38.12% 44.88% 37.14% 43.23% 30.09.2025 30.09.2024 CAR TIER 1 Capital and liquidity position 28 05 | Attachments Santander Bank Polska S.A. Capital ratios Santander Consumer Bank Capital ratio Santander Bank Polska Group Capital ratios Santander Bank Polska S.A. Net Stable Funding Ratio (NSFR) Santander Bank Polska S.A. Liquidity Coverage Ratio (LCR) Santander Bank Polska S.A. L/D ratio 191.96% 200.33% 202.84% 191.55% 204.91% 30.09.2024 31.12.2024 31.03.2025 30.06.2025 30.09.2025 144.42% 147.33% 150.88% 147.07% 147.01% 30.09.2024 31.12.2024 31.03.2025 30.06.2025 30.09.2025 18.06% 17.43%17.38% 16.43% 30.09.2025 30.09.2024CAR TIER 1 20.52% 19.55%19.78% 18.40% 30.09.2025 30.09.2024CAR TIER 1 74.40% 70.60% 69.53% 70.49% 72.69% 30.09.2024 31.12.2024 31.03.2025 30.06.2025 30.09.2025
Page 29
29 Regulatory requirements regarding own funds and eligible liabilities – TLAC/MREL TLAC ▪ In accordance with Article 92a of the CRR, the minimum TLAC requirement is 18% of total risk exposure amount (TREA) and 6.75% of the total exposure measure (TEM). ▪ The TLAC (TREA) requirement must be met in addition to the combined buffer requirement, now at 4.50% for SBP. ▪ In relation to the minimum requirements specified in Article 92a of the CRR, the Bank obtained the approval from resolution authorities, in accordance with the conditions laid down in Article 72b(3) of the CRR, to use the liabilities that do not meet the subordination requirement defined in Article 72b(2)(d) of the CRR in the amount not exceeding 3.5% of TREA. ▪ As at 30 September 2025, the regulatory TLAC requirement for SBP Group is 22.50% TREA and 6.75% TEM. ▪ TLAC is the minimum regulatory requirement for own funds and eligible liabilities for global systemically important institutions. MREL is determined for individual banks that must comply with it. ▪ As an EU-based bank and part of G-SII (Banco Santander), Santander Bank Polska must meet both the TLAC and MREL requirements at the consolidated level. Compliance with the regulatory requirements regarding own funds and eligible liabilities – TLAC/MREL as at 30 September 2025 MREL ▪ Pursuant to the decision of the Bank Guarantee Fund of April 22, 2025, the MREL requirement for SBP is 15.36% in relation to the total risk exposure amount (TREA) and 5.91% in relation to the total exposure measure (TEM). The MREL requirement was defined at the consolidated level. ▪ The Bank is also required to meet the minimum MREL subordination requirement of 15.22% of TREA and 5.91% of TEM. ▪ The MREL (TREA) requirement must be met in addition to the combined buffer requirement (i.e. the total systemic risk requirement, countercyclical buffer, conservation buffer and the O-SII buffer, now at 4.50%). ▪ As at 30 September 2025, the regulatory MREL requirements including combined buffer are: MREL (TREA) 19.86%, subordinated MREL (TREA) 19.72%, MREL (TEM) 5.91%, subordinated MREL (TEM) 5.91%. ▪ As of 30 September 2025, the Bank meets all regulatory requirements regarding own funds and eligible liabilities and maintains a surplus of eligible instruments necessary to ensure safety in this area. 19.86% 19.72% 5.91% 5.91% 22.50% 6.75% 3.60% 1.65% 4.56% 3.63% 0.96% 3.72% MREL (TREA) MREL (TREA) subordinated MREL (TEM) MREL (TEM) subordinated TLAC (TREA) TLAC (TEM) minimum requirement surplus 23.46% 21.37% 10.47% 9.54% 23.46% 10.47% 05 | Attachments
Page 30
Key financial ratios Santander Bank Polska Group 05 | Attachments 30 Key financial ratios 1-3Q 2025 1-3Q 2024 1-3Q 2025 continued operations Cost/ income 30.6% 30,0% 30,0% Net interest income/ total income 80.7% 80.7% 79.5% Net interest margin1) 5.09% 5.28% 4.91% Net fee and commission income/ total income 16.8% 17.2% 18.3% Net loans and advances to customers/ deposits from customers 76.3% 78.9% 72.7% NPL ratio 2) 4.3% 4.8% 4,0% NPL provision coverage ratio 3) 52.3% 53.9% 46.2% Costs of credit 4) 0.45% 0.69% 0.33% ROE 5) 20.3% 20.5% 21.6% ROTE 6) 22.7% 22.7% 24.1% ROA 7) 1.8% 1.9% 2,0% Total capital ratio 8) 18.06% 17.43% 19.80% Tier 1 capital ratio 9) 17.38% 16.43% 19.14% Book value per share (PLN) 346.04 332.00 321.33 Earnings per ordinary share (PLN) 10) 45.41 42.07 47.87
Page 31
05 | Attachments 31 1. Net interest income annualised on a year-to-date basis (excluding interest income from the portfolio of debt securities held fortrading and other exposures related to trading) to average net earning assets as at the end of consecutive quarters after the end of the year preceding agiven accounting year (excluding financial assets held for trading, hedging derivatives, other exposures related to trading and other loans and advances to customers). 2. Lease receivables and gross loans and advances to customers measured at amortised cost and classified to stage 3 and POCI exposures to the total gross portfolio of such loans and advances and lease receivables as at the end of the reporting period. 3. Impairment allowances for loans and advances to customers measured at amortised cost and lease receivables classified to stage 3 and POCI exposures to gross value of such loans and advances and lease receivables as at the end of the reporting period. 4. Net expected credit loss allowances (for four consecutive quarters) to average gross loans and advances to customers measuredat amortised cost and lease receivables (as at the end of the current reporting period and the end of the previous year). 5. Profit attributable to the parent’s shareholders (for four consecutive quarters) to average equity (as at the end of the current reporting period and the end of the previous year), excluding non-controlling interests, current period profit, dividend reserve. 6. Profit attributable to the parent’s shareholders (for four consecutive quarters) to average tangible equity (as at the end ofthe current reporting period and the end of the previous year) defined as common equity attributable to the parent’s shareholders less revaluation reserve, current year profit, recommended dividend, dividend reserve, intangible assets and goodwill. 7. Profit attributable to the parent’s shareholders (for four consecutive quarters) to average total assets (as at the end of the current reporting period and the end of the last year). 8. The capital ratio was calculated on the basis of own funds and total capital requirements established for the individual risktypes by means of the standardised approach, in line with the CRD IV/CRR package. The comparative period includes profits allocated to own funds pursuant to applicable EBA guidelines. 9. Tier 1 capital ratio calculated as a quotient of Tier 1 capital and risk-weighted assets for credit, market and operational risk. The comparative period includes profits allocated to own funds pursuant to applicable EBA guidelines. 10. Net profit for the period attributable to shareholders of the parent entity to the average weighted number of ordinary shares. Key financial ratios
Page 32
Our purpose is to help people and business prosper. Our culture is based on believing that everything we do should be: Thank You. Contact details Maciej Reluga CFO, Chief Economist maciej.reluga@santander .pl Agnieszka Dowżycka Head of Investor Relations agnieszka.dowzycka@santander .pl
Page 33
1. This presentation may contain forward-looking statements including, without limitation, statements concerning future business development and financial performance. These forward-looking statements: ▪ represent our judgment and future expectations concerning the development of our business; ▪ a number of risks and other important factors could cause actual results to differ materially from our expectations; ▪ speak only as of the date of this document and are based on the knowledge, information available and views taken on such date; such knowledge, information and views may change at any time; ▪ the Bank does not update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. 2. The information contained in this presentation must be read in conjunction with other publicly available information, including current and periodic reports published by the Bank, and interpreted accordingly. 3. This presentation gives no recommendation to buy, sell or otherwise deal in shares of Santander Bank Polska S.A. or in other securities or investments. 4. Neither this document nor any of the information contained herein constitutes an offer to sell or the solicitation of an offer to buy any securities. 5. Any person acquiring securities must do so: ▪ on the basis of such person’s own judgement as to the merits or the suitability of the securities for their purpose; ▪ only on the basis of publicly available information; ▪ having taken all such professional or other advice as considers necessary or appropriate in the circumstances; ▪ and not in reliance on the information contained in this presentation. 6. Nothing in this presentation shall be construed as a profit forecast. Statements as to historical performance or financial accretion are not intended to mean that future performance, share price or future earnings (including earnings per share) for any period will necessarily match or exceed those of any prior period. 33 Disclaimer