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Preliminary financial results of Santander Bank Polska Group for 2025 Investor Relations Warsaw 04/02/2026 The financial information provided herein and concerning the quarter and the year ended 31 December 2025 includes the selected, preliminary, unaudited data which has been prepared for information purposes, in addition to the interim reporting obligations of Santander Bank Polska Group. The scope of disclosures does not meet the definition of an interim report required by the International Accounting Standard 34 Interim Financial Reporting or the Regulation of the Minister of Finance of 29 March 2018 on current and financial reports published by the issuers of securities and the rules of equal treatment of the information required by the laws of a non-member state. Some financial data may be subject to revision in the Group’s Annual Report for 2025 to be published on 24 February 2026 along with an independent auditor’s opinion.
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Agenda 2 Index Results 2025 1. Our activities and our people 2. Our business development 3. Our customers 4. Our financial results More information 5. Attachments
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01 Our activities and our people
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01 | Marketing Our communication At Santander Bank Polska, we have stayed 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 counts. 360-degree marketing – ATL, digital and social media Last year, we launched campaigns targeted at the following segments: Mass, Young and SME. Campaigns addressed to the Mass segment: In campaigns addressed to the Mass customer segment, we have continued our Santander-supports-important-matters communication. In the campaign featuring our mobile app, we promoted free of charge instant transfers and during the campaign “Savings support important matters”, we advertised our Multi Savings Account at 6%. Over the summer, we ran a special promotion for parents opening an account for their teenage children, followed by a series of follow-up activities supporting the account opening using identity verification in the mObywatel app. Campaigns addressed to the Young segment: In our teen-focused “Smart from the start” campaigns, we show how our products and features can make the day-to-day important matters easier for the young. The Young segment campaigns’ ambassador is YouTuber, Przemek PRO. Campaigns targeted at SMEs: • Free business account offering many features to suit business needs, including eLoan that can be used already upon business inception. ATL, BTL and digital campaigns in social media. • Educational campaign for entrepreneurs who want to grow their business. It is the second series of webinars that prove that Santander is the market expert in business customer service. Communication in social media, influencer marketing, perfo, content, radio – jointly with money.pl 4 Digital & Social Media Santander Bank Polska has 20 profiles across 6 platforms (Meta, TikTok, YouTube, LinkedIn) and its Facebook page is the most-followed when compared to other banks’ pages. We are one of the few banks with a presence on TikTok – and we also run a broadcast channel on Instagram that works like a newsletter for our followers. Thanks to a clear strategy and innovative ideas, our social media channels have become so much more than a place to communicate – now we use them to build relationships, boost engagement and deliver real value to our customers. We focus on building the story of a brand that stays close to its customers, engaging our customers and supporting them by designing campaigns: o Image building campaigns – focused on boosting reach, engagement and media views. These campaigns have enabled us to build up step by step a community in social media, including the viral RTm on TikTok featuring Bobrito Santanderito, a cute beaver protagonist that has become our informal ambassador among our employees. o Campaign focused on the account for teenagers – campaigns addressed both to teenagers aged 13-17 and parents of children aged 7 -17 featuring the brand ambassador, YouTuber Przemek PRO, and image-building initiatives on platforms: TikTok, Instagram, Snapchat and YouTube, also using rich media formats that enhance user engagement. We have also reached young customers’ parents via Librus, an interactive student info system. o The account with mObywatel government app on promotional terms – image building initiatives executed 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 our 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 received (as planned) 50,000 subscriptions for foreign language courses using Meta, YouTube, digital channels and RMF Radio channel. o Campaigns intended to support businesses: Investment, IKZE (pension account), two campaigns featuring our bank’s credit card, Insurance – we launched marketing campaigns intended to engage business customers. By applying the marketing mix modelling tactic (effectively selected channels, engaging communication strategies and appropriate target groups), we were able to turn small budgets into genuinely impressive results – consistently outperforming our KPI targets every time.
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Our people 01 | Our people 5 Learning&Development • We designed training programs addressing skills of the future to support the development of advanced data-analysis skills. • We also delivered comprehensive initiatives supporting leadership transformation, including development programs and tools that strengthen key leadership capabilities. HR Digitalisation • We implemented a new, local HR process management system in record time – 40% faster than typical market estimates. The project was delivered with full quality assurance and operational continuity, enabled by close collaboration between HR and IT teams. This marks an important step toward further digitalisation and modernisation of our employee services. Corporate Culture • We uphold the highest standards in employee management and development – a commitment reflected in our Top Employer Poland & Europe certification, awarded to us for the 10th time. • We strengthen an inclusive corporate culture through employee education and collaboration with employee networks, including webinars on caregiving responsibilities and inclusive language. • We continue to grow and support our employee networks by delivering engagement-building workshops and feedback sessions. • We run educational initiatives for the International Day of Persons with Disabilities, publishing materials that raise awareness and foster workplace inclusivity. • We also lead the “Barrier or Career” campaign on social media, promoting an open and supportive work environment. • Our commitment to equality and diversity is further reinforced by signing the “Równa Firma” declaration. Award statuette – Diversity Charter competition Visual of the “Barrier or Career” campaignKey visual of the Health & Safety Experts Meeting Employee Experience • Based on insights from employee needs and experience research conducted using the Total Experience (TX) methodology, we updated key standards and tools to ensure that employee experience (EX) is valued just as highly as customer experience (CX) across our organization. EHS & Wellbeing • In October, we hosted the 3rd Health & Safety Experts Meeting for administrative and office employees – a unique industry forum bringing together representatives from CIOP, the Ministry of Family, Labour and Social Policy, and the Lewiatan Confederation, supporting the development of modern H&S practices. • We received the Diversity Charter Award in the DEI in Business category for our efforts to strengthen psychological safety, including the development of inclusive employee communities and interest clubs. • As part of the “Pink October” and “Movember Days” initiatives, we prepared educational articles and webinars with medical experts on cancer prevention. The project will continue in the coming months.
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Our business development 02
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General operational data 02 | Results for 2025 – Our business development Key volumes Branches Santander Bank Polska Group 307* 10.8k Employment Customers Market share 31.12.2025 261bn Gross loans Customer funds Deposits Assets 230bn 308bn 167bn 7 Digital Customers 6.0m 3.9m * SBP – Santander Bank Polska own branches excluding 8 Santander Zones (acquisition stands). 11.3% 10.1%
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Key financial results* 02 | Results for 2025 – Our business development Financial ratios* Safe liquidity position Net interest income PLN 12 703m +4% YoY PLN 2 949m +6% YoY PLN 16 022m +4% YoY PLN 6 463m +22% YoY Comparable net profit +3% YoY Net fee and commission Total income PAT Key results 8 * In this presentation, we discuss the financial results from continued operations presented in the Group's Financial Statements for 2025. ** The estimated impact of SCB deconsolidation at the end of 2025 is +119 basis points for TCR and +124 basis points for CET1, r espectively. Excluding the operational risk requirement, the impact would be +152 basis points for TCR and +155 basis points for CET1 (subject to approval by the Polish Financial Supervision Authority). *** ROE: profit attributable to the parent’s shareholders (for four consecutive quarters) to average equity (as at the end of t he current reporting period and the end of previous year), excluding net of non-controlling interests, current period profit, dividend reserve. Strong capital position, well above the KNF requirements Capital Position TCR 20.00%** CET1 19.51%** ROE ROA 2.2% 70.8% 68.21% 23.6%*** ROE, ROA Liquidity position Grupa L/D SBP L/D 219.72% Grupa LCR 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 1 597m • Contributions to the BFG guarantee and resolution fund - PLN 355m (including PLN 84m for guarantee fund) • Positive impact of the change in the CIT rate - PLN 173.5m. and from 2024 profit: • Cost of legal risk attached to mortgage loans in foreign currencies - PLN 2 253m • 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 130.8m.
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Our customers 03
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Our customers in numbers* 03 | Results for 2025 – Our customers 10 6.6k Mobile customers 22.7k Digital customers 27.7k customers 0% YoY -1% YoY +11% YoY Corporate customers * Only Santander Bank Polska S.A. ** Retail customers +4%; SME customers +8% - excluding one-off events related to regulatory customer database cleanup 421m mobile banking transactions in 2025 3.1m mobile customers 3.5m digital customers 5.4m customers +0,4% YoY** +5% YoY +8% YoY +17% YoY Retail customers 12,9m mobile banking transactions in 2025 268k mobile customers 410k digital customers 564k customers +4% YoY** +5% YoY +14% YoY +23% YoY SME customers 425k Select customers +18% YoY
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New products and services 03 | Results for 2025 – Our customers 11 Corporate customers ▪ Continuation of the development of key technological initiatives that strengthen the foundations of digitalisation and innovation acrossthe organisation. We furtherexpandedthe use of artificial intelligence, focusing on responsible,secure, and ethical deployments – including the ongoing build-out of our data ecosystemand the developmentof tools based on generative AI. We also introduceda module that streamlines the update of counterparties’ data, marking another step toward the automationof back-officeprocesses. Retail customers SME customers ▪ We introduced the "Startup Loan" for first-time customersand ran limited-time specialoffersfor online cashloans. ▪ We introduced the Welcome Deposit for new customers,seasonaldepositswith higherthan standard interestrates,and investmentfunddeposits. ▪ We offered subscriptions to Structured Deposits: one based on the USD/PLNexchangerate and one with the EUR/PLNexchangerateaccordingto NBP. ▪ We implemented the Santander Prestiż Dollar Debt InvestmentFund. ▪ We expanded the scope of insurance: Locum Comfort (includingcoveragefor standardtheft of home exterior elements),Life and Health(age of customerseligibleto take out insurance raised to 65), and Auto Casco (increasedmaximumvehicleage thatcan be insured). ▪ We introduced special loan offers, including: - PreFast – a fast online loan of up to PLN 40,000, - the ability to submit a loan application for customers without a pre-limit, - we resumedsalesof the"BiznesEkspresEBIloan” , - we launched a new tab for farmers on our website, making it easier for entrepreneurs to learn about our financing. ▪ We launched promotions, including: - "Business account for PLN 0 for companies, - "Business account for PLN 0 for sole proprietors and farmers" ▪ We expanded our offer to include: - Multi-currency support for corporate cards and the ability to open an online account in 11 additional currencies, - deposits at Euronet cash deposit machines, - new "My Protection" insurance.
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Education and support for customers 03 | Results for 2025 – Our customers 12 BCB customers CIB customers ▪ We implementedadditionalenhancementsto the Corporate Lending Platform (CLP), automating further stages of the process, enhancing thus the environmentfor handling creditapplications. ▪ WecontinuedtodeveloptheiBiznes24 system– both functionallyand in terms of usability – introducing enhancing the system navigation and operational stability, particularly in the mobilechannel. ▪ Our Dealerswon the Ministryof Financeranking, confirmingthat the Divisionmaintainsits leading positionon thePolishbondmarket. ▪ In 2025, we issued more than 300 stock recommendationsin theCEEregion. ▪ We achieved above-average results in the subscriptionof structureddeposits. Retail Customers SME Customers ▪ We expanded the functionality of the mobile app, adding features such as standing orders, adding trusted beneficiaries, opening a savings account, BLIK recurring payments, presenting a BLIK code before logging in, opening a child's account, and an investment fund management module. ▪ We expanded the account opening process for young customers aged 7-12 – parents can immediately activate Santanderonlineservicesfortheirchild. ▪ We launched a referral program for young customers, the ”Smart from the start” messaging platform, and we ran an educational campaign under the slogan ”Smart saving from the start”. ▪ We introduceda QR code-basedaccountsalesprocess. ▪ We launched the first ATMs for euro currency. ▪ We increased the daily transfer limit on Santander Internet from PLN 125k to PLN 200k. ▪ We focused on digitalisation: - We introduced a civil guarantee in the lending process,remote documentsigning, the entire pre- limit in remote channels,and the ability to bypass securityin theSLIM+process. - We enabled online changes to companydata and onlineapplicationsforcertificates. - We introduced company goals in the app, the ability to order certificates, and cash notifications. ▪ Wesupportedandeducated,including: - the 2nd edition of the webinars " AboutBusiness OverCoffee”, - "ESGCodeforSBPSuppliers”, - the report"GreenTransformationand SMEs – How toGaina CompetitiveAdvantage”, - "Entrepreneurs' Week" with a special offer , a charityevent,andpodcasts.
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Selected business data 03 | Results for 2025 – Our customers 13 BCB customers +10% YoY +11% YoY +10% YoY +10% 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 +23% YoY Income from Trade Finance Office +12% YoY Income from M&A We are in active dialogue with the Bank's key customers, continuing to implement Responsible Banking commitments, acting in accordance with the adopted strategy. +30% YoY Income from DSI +40% YoY Income from Equity Capital Markets Retail customers 4.8m +18% YoY Select segment customers 31.12.2025 Record sales of cash loans. Increase in mortgage sales. Dynamic growth in the number of Select segment customers. Mortgage loans net sales in 2025 PLN 10.3bnPLN 12.6bn Cash loans sales in 2025 SME Customers Dynamic growth of the deposit base. Growth of the SME financing portfolio in terms of loans and leasing. Personal accounts portfolio 31.12.2025 PLN 4.5bnPLN 5.2bn Leasing sales in 2025 Loans sales in 2025 E2E digital loans sales in 2025 +87% +11% YoY Deposit balance in 2025
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Results for 2025 Our financial performance 04
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75 930 78 671 79 744 84 170 86 151 87 231 31.12.2024* 30.09.2025 31.12.2025 Personal Business Gross loans 15 04 | Results for 2025 – Our financial performance Santander Bank Polska S.A. ◼ The loan portfolio increased by 4% YoY* and +1%QoQ. ◼ Mortgage loan sales in Q4’25: +60% vs. Q4’24; ◼ Cash loan sales in Q4’25: +12% vs. Q4’24; ◼ CHF mortgage loans: -98% YoY ◼ SME loans (including leasing and factoring): +4% YoY and -2% QoQ and BCB loans: +8% YoY and +3% QoQ ◼ CIB loans (including leasing and factoring): -1% YoY and +4% QoQ. Discontinued operations - Santander Consumer Bank ◼ SCB gross loans: PLN22.9bn**. Comment * Excluding the Santander Consumer Bank S.A. Group. ** As at 23.12.2025. 11% 32% 11% 13% 33% CIB BCB SME Non-mortgage personal loans Mortgage loans PLNm Total PLN 167bn Gross loans - structureGross loans Gross loans 31.12.2025 30.09.2025 31.12.2024* YoY(%)* QoQ (%) Personal portfolio 79 744 78 671 75 930 5% 1% Business portfolio 87 231 86 151 84 170 4% 1% Total 166 975 164 822 160 101 4% 1% PLNm 164 822160 101* 166 975 +4%*
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117 708 122 540 123 689 98 319 98 407 106 453 31.12.2024* 30.09.2025 31.12.2025 Personal Business Customer funds 04 | Results for 2025 – Our financial performance ◼ Total deposits +7%* YoY and +4% QoQ. ◼ In Q4, deposits from individual customers increased by 1%. Both current and term deposits increased by 1% quarter-on-quarter. ◼ Corporate deposits increased by 8% in Q4: term deposits increased by 5% and current deposits by 11%. ◼ Term deposits accounted for 27% of total deposits (32% at the end of 2024). ◼ Investment funds reached PLN 30.9bn at the end of September, up 29% YoY and 8% QoQ. ◼ The Group's total customer funds at the end of December 2025 amounted to PLN 261.0bn. Discontinued operations - Santander Consumer Bank Deposits: PLN 17.9bn**. 16 Comment 17% 37% 10% 31% 5% Personal term deposits Personal current deposits Business term deposits Business current deposits Other Deposits - structure Total PLN 230bn PLNm +7%* PLNm Deposits Deposits 31.12.2025 30.09.2025 31.12.2024* YoY (%)* QoQ (%) Personal 123 689 122 540 117 708 5% 1% Business 106 453 98 407 98 319 8% 8% Total 230 143 220 947 216 026 7% 4% 216 026* 220 947 230 143 * Excluding the Santander Consumer Bank S.A. Group. ** As at 23.12.2025.
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Net interest income and net interest margin 17 04 | Results for 2025 – Our financial performance PLN m ◼ In 2025, net interest income reached PLN 12.7bn, increasing by 4% YoY. In Q4 2025 alone, it decreased slightly by 1% compared to the previous quarter. ◼ Interest income increased by 3% YoY, while interest expenses increased by 2% YoY. Interest income decreased by 2% QoQ and interest expenses decreased by 5% QoQ. ◼ The interest margin on continuing operations was 4.64% in Q4 2025, decreasing slightly compared to previous quarters due to changes in market interest rates. Discontinued Operations - Santander Consumer Bank Net interest income amounted to PLN 1 741m*. 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. 3 201 3 176 3 178 3 195 3 154 424 422 441 458 419 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 SBP SCB 5.27% 5.14% 5.04% 5.03% 4.70 4.94% 4.89% 4.88% 4.64% Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 NIM* NIM continued oper. 3 625 3 619* 3 653* 3 573*3 598 * Including the Santander Consumer Bank S.A. Group until 23.12.2025.
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2025 2024 YoY (%) QoQ (%) Cards 390 390 0% -6% Transactional 1 273 1 229 4% -4% Loans + insurance 533 531 0% 31% Capital markets* 556 455 22% 8% Other 196 179 9% -6% Total 2 949 2 785 6% 4% Net fee and commission income 04 | Results for 2025 – Our financial performance ◼ In 2025, net fee and commission income amounted to PLN 2.9bn, increasing by 6% YoY and by 4% QoQ. ◼ In Q4 2025, net fee and commission income was 8% higher than in Q4 2024. ◼ In 2025, strong results were achieved in asset management fees (+19% YoY), insurance fees (+6% YoY), foreign exchange fees (+5% YoY), and brokerage fees (+25% YoY). ◼ Quarterly, strong results were achieved in card fees (+15% QoQ), brokerage fees (+21% QoQ), and asset management fees (+7% QoQ). Discontinued operations - Santander Consumer Bank ◼ SCB net fee and commission income amounted to PLN 98m*. Net fee and commission income Net fee and commission income 18 Comment PLNm PLN m * Santander Consumer Bank Group until 23 December 2025. 97 98 103 98 92 309 312 318 327 316 142 137 131 115 151 118 128 147 135 14631 54 45 50 47 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Cards Transactional Loan + Insurance Capital market fees Other 744728 725 +8% +4% 752698
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2025 2024 YoY (%) QoQ (%) Net interest income 12 703 12 270 4% -1% Net fee and commission income 2 949 2 785 6% 4% Total 15 651 15 055 4% 0% Gains/ losses on financial activities 278 218 27% 10% Dividends 16 16 1% - Other income items 77 49 57% 378% Total income 16 022 15 338 4% 0% 04 | Results for 2025 – Our financial performance Income ◼ The Group's total income in 2025 amounted to PLN 16bn, an increase of 4% YoY. Quarterly income remained flat. ◼ Interest income increased by 4% YoY and net fee and commission income increased by 6% YoY. ◼ Income from other operations increased by 31% YoY. The YoY increase was driven by higher profits from financing activities and lower settlement costs with clients with mortgage loans in foreign currencies, recorded under "Gain/loss on derecognition of financial instruments measured at amortized cost." Quarterly, the bank recorded a 10% increase in net financial income. ◼ Trading result and revaluation increased by 37% YoY to PLN 267m (PLN73m in 4Q, +28% QoQ), driven by the combined result on transactions in debt and equity financial assets measured at fair value through profit or loss, driven by the increased market making activity of Santander Brokerage Poland and trading made as part of Treasury operations. Discontinued Operations - Santander Consumer Bank Total revenues amounted to PLN 1 936m*. PLNm IncomeComment PLNm 19* Santander Consumer Bank Group until 23 December 2025. 3 202 3 176 3 178 3 195 3 154 698 728 744 725 752 58 53 132 78 108 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Net Interest Income Fees Other 3 957 4 054 3 998 4 0143 958
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2025 2024 YoY (%) QoQ (%) Administrative and staff expenses (4 127) (3 772) 9% 7% Staff expenses (2 329) (2 165) 8% 10% Administrative expenses (1 797) (1 607) 12% 3% Amortisation/depreciation + other (731) (680) 8% 29% Total costs (4 857) (4 452) 9% 10% Operating expenses 04 | Results for 2025 – Our financial performance Operating expenses PLNm 20 Comment PLN m ◼ Total costs in 2025 amounted to PLN 4.9bn, an increase of 9% YoY. This is primarily due to higher contributions to the Bank Guarantee Fund (BFG) – PLN 355m in 2025 compared to PLN 233m in 2024. ◼ Excluding regulatory costs, total costs increased by 7% YoY due to inflation, higher salaries, increased accruals for performance bonuses, and integration costs. ◼ Excluding regulatory costs, administrative costs increased by 5% YoY and by 4% QoQ. ◼ In Q4 2025, integration costs reached PLN72m, including PLN26m staff costs and PLN46m administrative costs ◼ The impact of rebranding costs on the financial results in 2026 is initially estimated at around PLN250m. ◼ The Group's C/I ratio was 30.3% in 2025 compared to 29.0% in 2024. Discontinued Operations - Santander Consumer Bank* Total costs amounted to PLN 669m*. * Santander Consumer Bank Group until 23 December 2025. 567 542 551 589 648 332 656 393 369 380 139 144 145 151 15961 26 21 22 63 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Staff Costs Administrative Expenses Amortisation Other Costs 1 367 1 110 1 131 1 249 1 100
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78 120 123 196 146 -3 132 52 103 47 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Santander Bank Polska SCB Provisions and credit portfolio quality 04 | Results for 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. Santander Consumer Bank Group until 23 December 2025. 0.58% 0.57% 0.45%* 0.45%* 0.51%* 0.33% 0.33% 0,37% Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 4.4% 4.3% 4.2%* 4.3* 4.0%* 3.9% 4.0% 3.7% 31.12.2024 31.03.2025 30.06.2025 30.09.2025 31.12.2025 51.0% 51.3% 51.3%* 52.3%* 52.7%* 45.3% 46.2% 46.3% 31.12.2024 31.03.2025 30.06.2025 30.09.2025 31.12.2025
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Banking tax and regulatory costs 04 | Results for 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 837m. In SCB PLN 41m. 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 568m, impact on PBT: PLN 112 SCB 2025: NPL sales: PLN 480m, impact on PBT: PLN 117m PLN m PLN m Impact of NPL sales on PBT PLN m 22 184 68 13 10 303 32 35 31 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 81 203 120 524 107 194 98 169219 189 307 265 143 72 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 SBP SCB 11 64 24 28 17 43 29 23 42 9 71 45 11 61 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 SBP SCB * Santander Consumer Bank Group until 23 December 2025.
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Results for 2025 04 | Results for 2025 – Our financial performance PLN m 23 Results for 2025▪ Gross profit in 2025 amounted to PLN 8.3bn (+14% YoY), and net profit to PLN 6.4bn (+22% YoY). ▪ Net interest and commission income increased by 4% YoY in 2025. ▪ Income increased by 4% YoY in 2025. ▪ Cost-to-income ratio was 30.3%. ▪ Costs of legal risk on foreign currency mortgage loans decreased by 29% YoY. ▪ Cost of credit risk: 0.37%. Credit impairment allowances decreased by 19% YoY. ▪ Effective tax rate influenced by regulatory costs, the cost of legal risk on foreign currency mortgage loans as well as the positive impact of deferred tax recalculation based on new CIT rates in the amount of PLN 173.5m. ▪ The bank's net profit, which forms the basis for the dividend payment for 2025, amounted to PLN 6.7 billion. 2025 2024 YoY Net interest and fee income 15 651 15 055 4% Gross income 16 022 15 338 4% Total costs -4 857 -4 452 9% Credit impairment allowances -586 -724 -19% Cost of legal risk associated with foreign currency mortgage loans -1 597 -2 253 -29% Tax on financial institutions -837 -778 8% PBT 8 260 7 234 14% CIT -1 727 -1 894 -9% Profit of SBP shareholders – continued operations 6 463 5 284 22% Profit of SBP shareholders – discontinued operations 16 ( 71) -122% Profit of SBP shareholders – continued and discontinued operations 6 479 5 213 24% Effective tax rate 20.9% 26.2%
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Attachments 05
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18 012 18 309 18 584 18 978 19 283 31.12.2024 31.03.2025 30.06.2025 30.09.2025 31.12.2025 17 572 17 813 18 268 18 558 18 276 31.12.2024 31.03.2025 30.06.2025 30.09.2025 31.12.2025 53 608 53 639 54 345 55 264 55 9771 147 948 946 883 793 31.12.2024 31.03.2025 30.06.2025 30.09.2025 31.12.2025 FX PLN Retail Banking - growth in lending activity 05 | Attachments 25 Mortgage loans and advances portfolio (gross) ◼ Cash loan sales: +9% Q3 2025 / Q3 2024 ◼ Mortgage loan sales: +42% Q3 2025 / Q3 2024 mln PLN Cash loans portfolio (gross) Cash loans – sales Mortgage loans – sales by disbursements +7% +4% ◼ PLN mortgage loans portfolio +4% YoY ◼ FX mortgage loans portfolio: -31% YoY ◼ SME financing sales: +5% Q32025 / Q3 2024 SME financing portfolio (Loans & Leasing) (gross) SME financing (Loans & Leasing) - sales +4% 2 872 2 921 3 087 3 314 3 229 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1 942 1 619 2 426 3 122 3 099 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 2 483 2 462 2 591 2 418 2 284 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 54 756 54 587 55 291 56 147 56 770
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05 | Attachments 26 Santander Leasing 15 534 15 724 16 249 16 572 16 504 31.12.2024 31.03.2025 31.06.2025 30.09.2025 31.12.2025 +6% Portfolio PLNm 7,41%* *As at 30/11/2025 Market share ▪ Leasing portfolio: PLN 16.5bn, +6% YoY ▪ Excellent result in financing green investments – an increase of 38% YoY, investments value PLN: 853m ▪ The value of financed assets in the SME segment is PLN 5.8bn Synthetic securitization transaction, executed by Santander Leasing and Santander Bank Polska in collaboration with the European Investment Bank (EIB) and the European Investment Fund (EIF), received an honorable mention in the European Deal of the Year category at the Risk Sharing Awards 2025. The PLN 5 billion deal enables effective risk management of the leasing portfolio and the release of capital, which translates into increased access to financing for Polish SMEs, including those run by women. This recognition confirms the innovative nature of the transaction and its economic and social impact.
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05 | Attachments Santander Factoring 27 Santander Factoring Market sharePortfolio Turnover- cumulative PLNm PLNm ◼ Santander Factoring takes second place on the market in terms of the balance sheet in 2025. ◼ Santander Factoring ranks the third in payables financing (16% market share). ◼ 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 31/12/2025 47 256 12 558 24 751 37 456 49 614 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 -1% +5% 8 704 8 842 9 045 8 771 8 639 31.12.2024 31.03.2025 30.06.2025 30.09.2025 30.09.2025
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20.00 19.99% 19.51% 17.09% 31.12.2025 31.12.2024CAR TIER 1 Capital and liquidity position 28 05 | Attachments Santander Bank Polska S.A. Capital ratios 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 200.33% 202.84% 191.55% 204.91% 216.18% 31.12.2024 31.03.2025 30.06.2025 30.09.2025 31.12.2025 147.33% 150.88% 147.07% 147.01% 150.61% 31.12.2024 31.03.2025 30.06.2025 30.09.2025 31.12.2025 70.60% 69.53% 70.49% 72.69% 68.21% 31.12.2024 31.03.2025 30.06.2025 30.09.2025 31.12.2025 21.45% 20.15%20.87% 19.14% 31.12.2025 31.12.2024CAR TIER 1
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20,35% 20,21% 5,91% 5,91% 22,99% 6,75% 7,00% 4,87% 5,30% 4,37% 4,36% 4,46% MREL (TREA) MREL (TREA) subordinated MREL (TEM) MREL (TEM) subordinated TLAC (TREA) TLAC (TEM) minimum requirement surplus 27.35% 25.08% 11.21% 10.28% 27.35% 11.21% 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 4.99% 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 31 December 2025, the regulatory TLAC requirement for SBP Group is 22.99% 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. SBP also assumes that after leaving the Banco Santander Group, it does not meet the conditions specified in Article 92a of the CRR Regulation for the obligation to comply with regulatory requirements for own funds and TLAC eligible liabilities, i.e., it is no longer identified as a subsidiary of a global systemically important institution. Compliance with the regulatory requirements regarding own funds and eligible liabilities – TLAC/MREL as at 31 December 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 4.99%). ▪ As at 31 December 2025, the regulatory MREL requirements including combined buffer are: MREL (TREA) 20.35%, subordinated MREL (TREA) 20.21%, MREL (TEM) 5.91%, subordinated MREL (TEM) 5.91%. ▪ As of 31 December 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.
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Key financial ratios Santander Bank Polska Group 05 | Attachments 30 Key financial ratios 2025 2024 continued and discontinued operations Cost/ income 30.3% 29.6% Net interest income/ total income 79.3% 81.0% Net interest margin1) 4.83% 5.32% Net fee and commission income/ total income 18.4% 17.0% Net loans and advances to customers/ deposits from customers 70.8% 75.3% NPL ratio 2) 3.7% 4.4% NPL provision coverage ratio 3) 46.3% 51.0% Costs of credit 4) 0.37% 0.58% ROE 5) 23.6% 20.4% ROTE 6) 26.5% 22.4% ROA 7) 2.2% 1.8% Total capital ratio 8) 20.00% 17.99% Tier 1 capital ratio 9) 19.51% 17.09% Book value per share (PLN) 374.22 337.03 Earnings per ordinary share (PLN) 10) 63.4 51.01
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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
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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
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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