Interim report
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Yapı ve Kredi Bankası A.Ş. Publicly announced consolidated interim financial statements and related disclosures at September 30, 2026 together with auditor’s review report (Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish)
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Convenience Translation of the Auditor’s Review Report Originally Issued in Turkish Independent Auditor’s Report on Review of Consolidated Interim Financial Information To the Board of Directors of Yapı ve Kredi Bankası Anonim Şirketi Introduction We have reviewed the consolidated statement of financial position of Yapı ve Kredi Bankası Anonim Şirketi (“the Bank”) and its subsidiaries (together will be referred as “the Group”) at September 30, 2026 and the related consolidated statement of profit or loss, consolidated statement of profit or loss and other comprehensive income, consolidated statement of changes in shareholders’ equity, consolidated statement of cash flows and a summary of significant accounting policies and other explanatory notes to the consolidated financial statements for the nine months period then ended. The Group Management is responsible for the preparation and fair presentation of interim consolidated financial information in accordance with the Banking Regulation and Supervision Agency (“BRSA”) Accounting and Financial Reporting Legislation which includes “Regulation on Accounting Applications for Banks and Safeguarding of Documents” published in the Official Gazette no.26333 dated 1 November 2006, and other regulations on accounting records of Banks published by Banking Regulation and Supervision Agency and circulars and interpretations published by BRSA and Turkish Accounting Standard 34 “Interim Financial Reporting” for thos e matters not regulated by the aforementioned regulations. Our responsibility is to express a conclusion on these interim consolidated financial statements based on our review. Scope of Review We conducted our review in accordance with the Standard on Review Engagements (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial reporting process, and applying analytical and other review procedures. A review of interim financial information is substantially less in scope than an independent audit performed in accordance with the Independent Auditing Standards and the objective of which is to express an opinion on the financial statements. Consequently, a review of the interim financial information does not provide assurance that the audit firm will be aware of all significant matters w hich would have been identified in an audit. Accordingly, we do not express an opinion. Conclusion Based on our review, nothing has come to our attention that causes us to believe that the accompanying consolidated financial statements do not give a true view of the financial position of the Group at September 30, 2026 and the results of its consolidated operations and its consolidated cash flows for the nine months period then ended in all material respects in accordance with the BRSA Accounting and Financial Reporting Legislation.
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Report on other regulatory requirements arising from legislation Based on our review, nothing has come to our attention that causes us to believe that the consolidated financial information provided in the accompanying interim activity report in section seven, are not consistent with the reviewed consolidated financial statements and disclosures in all material respects. Güney Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik Anonim Şirketi A member firm of Ernst &Young Global Limited Emre Çelik, SMMM Partner November 3, 2026 İstanbul, Türkiye
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Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish THE CONSOLIDATED INTERIM FINANCIAL REPORT OF YAPI VE KREDI BANKASI A.Ş. AS OF SEPTEMBER 30, 2026 Address :Yapı Kredi Plaza D Blok Levent 34330 İstanbul Telephone : 0212 339 70 00 Fax : 0212 339 60 00 Website : www.yapikredi.com.tr E-mail : financialreports@yapikredi.com.tr The consolidated financial report for the nine months which is prepared in accordance with the “Communiqué Related to Publicly Announced Financial Statements of Banks and Explanations and Notes Related to these Financial Statements” as regulated by the Banking Regulation and Supervision Agency includes the following sections. • GENERAL INFORMATION ABOUT THE PARENT BANK • CONSOLIDATED FINANCIAL STATEMENTS OF THE PARENT BANK • EXPLANATIONS ON ACCOUNTING POLICIES APPLIED IN THE RELATED PERIOD • INFORMATION RELATED TO FINANCIAL POSITION AND RISK MANAGEMENT OF THE GROUP • EXPLANATIONS AND NOTES RELATED TO CONSOLIDATED FINANCIAL STATEMENTS • INDEPENDENT AUDITOR’S REVIEW REPORT • INTERIM ACTIVITY REPORT Investments in subsidiaries and associates, whose financial statements have been consolidated in these consolidated financial statements are as follows. Subsidiaries Associates 1. Yapı Kredi Finansal Kiralama A.O. 1. Banque de Commerce et de Placements S.A. 2. Yapı Kredi Faktoring A.Ş. 2. Allianz Yaşam ve Emeklilik A.Ş. 3. Yapı Kredi Yatırım Menkul Değerler A.Ş. 4. Yapı Kredi Portföy Yönetimi A.Ş. 5. Yapı Kredi Holding B.V. 6. Yapı Kredi Bank Nederland N.V. 7. Stichting Custody Services YKB 8. Yapı Kredi Bank Azerbaijan CJSC 9. Yapı Kredi Bank Deutschland OHG Although Yapı Kredi Diversified Payment Rights Finance Company (the Structured Entity) is not a subsidiary of the Bank, it has been included in the consolidation since the Bank has 100% control. The accompanying consolidated financial statements for the nine-months period, related disclosures and footnotes which have been limitedly reviewed and presented in this report are prepared in accordance with the Regulation on Accounting Applications for Banks and Safeguarding of Documents, Turkish Accounting Standards, Turkish Financial Reporting Standards, the related statements and guidances, and in compliance with the financial records of the Bank, and unless stated otherwise, presented in millions of Turkish Lira (TL). Y. Ali KOÇ Gökhan ERÜN Demir KARAASLAN Barış SAVUR Chairman of the Executive Director and Chief Financial Officer Financial Reporting and Board of Directors CEO Accounting Executive Vice President Fatih K. EBİÇLİOĞLU Nevin İPEK Chairman of the Audit Member of the Audit Committee Committee Contact information of the personnel in charge of the addressing of questions about this financial report: Name-Surname / Title : Murat SUZEYHUZ / International Reporting and Consolidation Manager Telephone : 0212 339 77 69 Fax : 0212 339 61 05
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Section one – General information 1. History of the Parent Bank including its incorporation date, initial legal status and amendments to legal status, 1 2. Explanation about the Parent Bank’s capital structure, shareholders holding directly or indirectly, collectively or individually, the management and controlling power and changes in current year, if any and explanations on the controlling group of the Bank 1 3. Explanations regarding the board of directors, members of the audit committee, chief executive officer and executive vice pres idents and their areas of responsibility and shares if any 2 4. I nformation on the individual and corporate shareholders having control shares of the Parent Bank 3 5. Summary information on the Parent Bank’s activities and service types 3 6. Differences between the communiqué on preparation of consolidated financial statements of Banks and Turkish Accounting Standards and short explanation about the entities subject to full consolidation or proportional consolidation and entities which are deducted from equity or entities which are not included in these three methods 3 7. T he existing or potential, actual or legal obstacles on the immediate transfer of shareholder’s equity between the Bank and it s subsidiaries or reimbursement of liabilities 3 Section two - Consolidated financial statements 1. Consolidated balance sheet (Statement of Financial Position) 4 2. Consolidated off-balance sheet commitments 6 3. Consolidated statement of profit or loss 7 4. Consolidated statement of profit or loss and other comprehensive income 9 5. Consolidated statement of changes in shareholders’ equity 10 6. Consolidated statement of cash flows 12 Section three – Accounting policies 1. Explanations on basis of presentation 13 2. Explanations on strategy of using financial instruments and foreign currency transactions 14 3. I nformation on consolidation principles 14 4. Explanations on forward and option contracts and derivative instruments 16 5. Explanations on interest income and expense 18 6. Explanations on fee and commission income and expense 18 7. Explanations on financial assets 18 8. Explanations on impairment of financial assets 22 9. Explanations on offsetting financial assets 25 10. Explanations on sales and repurchase agreements and securities lending transactions 25 11. I nformation on assets held for sale and discontinued operations and explanations on liabilities related with these assets 25 12. Explanations on goodwill and other intangible assets 26 13. Explanations on property and equipment 26 14. Explanations on leasing transactions 27 15. Explanations on provisions, contingent liabilities and contingent assets 27 16. Explanations on obligations related to employee benefits 28 17. Explanations on taxation 29 18. Explanations on borrowings 31 19. Explanations on issuance of share certificates 31 20. Explanations on confirmed bills of exchange and letter of acceptances 31 21. Explanations on government grants 31 22. Profit reserves and profit distribution 31 23. Earnings per share 31 24. Related parties 31 25. Explanations on operating segments 32 26. Explanations on other matters 32 Section four- Financial position and risk management 1. Explanations on consolidated equity 33 2. Explanations on consolidated risk management 37 3. Explanations on consolidated currency risk 38 4. Explanations on consolidated interest rate risk 40 5. Explanations on share certificates position risk from banking book 41 6. Explanation on consolidated liquidity risk management, liquidity coverage ratio and net stable funding ratio 42 7. Explanations on consolidated leverage ratio 48 8. Explanations on hedge accounting 49 9. Explanations on the activities carried out on behalf of others and fiduciary transactions 51 10. Explanations on consolidated operating segments 51 Section five - Explanations and notes related to consolidated financial statements 1. Explanations and notes related to consolidated assets 53 2. Explanations and notes related to consolidated liabilities 65 3. Explanations and notes related to consolidated off-balance sheet accounts 71 4. Explanations and notes related to consolidated income statement 72 5. Explanations and notes related to Group’s risk group 76 6. Explanations and notes related to subsequent events 76 Section six – Explanations on independent auditor’s review report 1. Explanations on independent auditor’s review report 77 2. Explanations and notes prepared by independent auditor 77 Section seven – Interim activity report 1. Explanations on interim activity report 78
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) (Yetkili İmza / Kaşe) - 1 - Section One General Information 1. History of the Parent Bank including its incorporation date, initial legal status and amendments to legal status: Yapı ve Kredi Bankası A.Ş. (“the Bank”, “Yapı Kredi” or “the Parent Bank”), was established and started operations on September 9, 1944 with the permission of the Council of Ministers No. 3/6710 as a private capital commercial bank authorised to perform all banking, economic, financial and commercial activities which are allowed by the laws of the Turkish Republic. The statute of the Bank has not changed since its incorporation. 2. Explanation about the Parent Bank’s capital structure, shareholders holding directly or indirectly, collectively or individually, the management and controlling power and changes in current year, if any and explanations on the controlling group of the Bank: The Parent Bank’s publicly traded shares are traded on the Borsa Istanbul (“BIST”) since 1987. As of September 30, 2026, 38,83% of the shares of the Bank are publicly traded (December 31, 2025 - 38,83%). 40,95% of the shares out of the remaining 61,17% is owned by Koç Finansal Hizmetler A.Ş. (“KFS”) which is owned by Koç Group, 20,22% is owned by Koç Holding A.Ş. KFS was established on March 16, 2001 to combine Koç Group finance companies under one organisation and it became the main shareholder of Koçbank in 2002. On October 22, 2002, Koç Group established a strategic partnership with UniCredit Group (“UCG”) over KFS. In 2005, the Bank’s shares that were owned by Çukurova Group Companies and the Saving Deposits Insurance Fund (“SDIF”) were purchased by Koçbank. In 2006, Koçbank purchased additional shares of the Bank from BIST and an investment fund and, during the same year, all rights, receivables, debts and liabilities of Koçbank were transferred to the Bank pursuant the merger of the two banks. As a result of the merger and the share transfer procedures in 2007 and of a capital increase by TL 920 million in 2008, KFS shares in the Parent Bank increased to 81,80%. KFS shares increased to 81,90% with the capital increase by TL 4,1 billion in 2018. As of November 30, 2019, Koç Group and UCG have reached a deal to exchange their shares in the Parent Bank and KFS. Accordingly, all the shares of KFS, which was a joint venture, were transferred to Koç Group. Besides, after the shares were transferred, KFS held 40,95%, UCG held 31,93% directly and Koç Group held a total of 49,99% directly and indirectly of the Parent Bank shares and became controlling shareholder. In addition, as of February 6, 2020, UniCredit also announced the placement of an 11,93% shares in Parent Bank to institutional investors. The transaction completed on February 13, 2020. As a result , UCG held directly 20,00% of the Parent Bank shares. In year 2021, UCG completed the sale of 2,00% shares in stock market and for the sale of remaining 18,00% shares UCG came to an agreement with Koç Group as per the Share Sale and Purchase Agreement relating to the sale of the Parent Bank publicly disclosed on November 30, 2019. Accordingly, i t was announced that Koç Group used its right of first offer for the sale of the Parent Bank shares which were planned to be sold by UCG on November 9, 2021. The sale of the relevant shares was completed on April 1, 2022, and Koç Holding A.Ş.'s share ratio increased from 9,02% to 27,02%. As of July 28, 2023, Koç Holding A.Ş sold its 6,81% share in the Bank to institutional investors through off - exchange sale. After the sale, shareholding of Koç Holding A.Ş in the Bank decreased to 20,22%. In 2006 and 2007, with the acquisition of Yapı Kredi and its subsidiaries, KFS Group launched structural reorganisation and the following subsidiaries is still under the control of group were legally merged: Merging entities Merger date Merged entity Yapı Kredi Koçbank October 2, 2006 Yapı Kredi Yapı Kredi Finansal Kiralama A.O. (“Yapı Kredi Leasing”) Koç Leasing December 25, 2006 Yapı Kredi Leasing Yapı Kredi Faktoring A.Ş. (“Yapı Kredi Faktoring”) Koç Faktoring December 29, 2006 Yapı Kredi Faktoring Yapı Kredi Portföy Yönetimi A.Ş. (“Yapı Kredi Portföy”) Koç Portföy December 29, 2006 Yapı Kredi Portföy Yapı Kredi Yatırım Menkul Değerler A.Ş. (“Yapı Kredi Menkul”) Koç Yatırım January 12, 2007 Yapı Kredi Menkul Yapı Kredi Bank Nederland N.V. (“Yapı Kredi NV”) Koçbank Nederland N.V. July 2, 2007 Yapı Kredi NV
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) (Yetkili İmza / Kaşe) - 2 - 3. Explanations regarding the board of directors, members of the audit committee, Chief Executive Officer and executive vice presidents, and their areas of responsibility and shares if any: As of September 30, 2026 the Parent Bank’s Board of Directors, Members of the Audit Committee, General Manager and Assistant General Managers are as follows: Board of Directors Members: Name Responsibility Y. Ali KOÇ Chairman Levent ÇAKIROĞLU Vice Chairman Gökhan ERÜN Executive Director and CEO Ahmet Fadıl ASHABOĞLU Member Ahmet TURUL Independent Member A. Ümit TAFTALI Member Fatih K. EBİÇLİOĞLU Independent Member Nevin İPEK Independent Member Virma SÖKMEN Member Audit Committee Members: Name Responsibility Fatih K. EBİÇLİOĞLU Chairman Nevin İPEK Member General Manager: Name Responsibility Gökhan ERÜN Executive Director and CEO Assistant General Managers: Name Responsibility Abdullah GEÇER Internal Audit Demir KARAASLAN Financial Planning and Administration Hakan KAYA Chief Legal Officer Mehmed Erendiz Kürşad KETECİ Strategy Management Mehmet Erkan AKBULUT Corporate Banking Mehmet Erkan ÖZDEMİR Compliance, Internal Control and Risk Management / Consumer Relations Coordination Officer Nursezil KÜÇÜK KOÇAK Credits Özden ÖNALDI Human Resources, Organization and Internal Services Management Saruhan YÜCEL Treasury Management Serkan ÜLGEN Retail Banking Tolga ÖZDEMİR(1) Commercial and SME Banking Management Uğur Gökhan ÖZDİNÇ Technology, Data and Process Management Yakup DOĞAN Limitless Banking (1) With the decision of the Bank's Board of Directors dated August 28, 2026, Tolga Özdemir who works as Commercial Banking Executive Vice President was appointed as Assistant General Manager of Commercial and SME Banking Management.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) (Yetkili İmza / Kaşe) - 3 - 4. Information on the individual and corporate shareholders having control shares of the Parent Bank: Name/Commercial title Share amounts (nominal) Share percentage (%) Paid-in capital (nominal) Unpaid portion Koç Finansal Hizmetler A.Ş. 3.459.065.642,23 40,95 3.459.065.642,23 - Koç Holding A.Ş. 1.707.666.574,00 20,22 1.707.666.574,00 - Koç Finansal Hizmetler A.Ş. is managed of Koç Group and Temel Ticaret ve Yatırım A.Ş. 5. Summary information on the Parent Bank’s activities and service types: The Parent Bank’s activities summarized in the section 3 of the articles of association are as follows: The Parent Bank’s purpose and subject matter in accordance with the Banking Law, regulations and existing laws include: The execution of all banking activities, The execution of all economic and financial activities which are allowed by the regulation, The execution of the representation, attorney and agency activities related to the subjects written above, The purchase and sale of share certificates, bonds and all the capital market instruments, in accordance with Capital Market Law and regulations. In case of necessity for performing activities which are useful and required but that are not specified in the articles of association, a Board of Directors’ proposal is to be presented to the General Assembly. With the approval of the General Assembly the proposal becomes applicable, subject to the approvals required by law. As of September 30, 2026 , the Parent Bank has 722 branches operating in Türkiye and 1 branch in overseas (December 31, 2025 - 739 branches operating in Türkiye, 1 branch in overseas). As of September 30, 2026, the Parent Bank has 14.486 employees (December 31, 2025 – 14.637 employees). The Parent Bank together with its consolidated subsidiaries is referred to as the “Group” in these consolida ted financial statements. As of September 30, 2026 the Group has 15.507 employees (December 31, 2025 – 15.634 employees). 6. Differences between the communiqué on preparation of consolidated financial statements of Banks and Turkish Accounting Standards and short explanation about the entities subject to full consolidation or proportional consolidation and entities which are deducted from equity or entities which are not included in these three methods: According to Communiqué on Preparation of Consolidated Financial Statements and Turkish Accounting Standards, Banque de Commerce et de Placements SA, the associate of the Bank is consolidated through “Equity Method” in the accompanying consolidated financial statements of the Group. Allianz Yaşam ve Emeklilik A.Ş., on which the Bank has indirect participation, is also consolidated through “Equity Method” in the consolidated financ ial statements of the Group. Yapı Kredi Kültür Sanat Yayıncılık Tic. ve San. A.Ş., Enternasyonal Turizm Yatırım A.Ş., Yapı Kredi Teknoloji A.Ş. and Yapı Kredi Finansal Teknolojil er A.Ş. which are subsidiaries and Tanı Pazarlama ve İletişim Hizmetleri A.Ş., which is an associate of the Bank are not consolidated into the Bank’s consolidated financial statements in accordance with Communiqué on Preparation of Consolidated Financial Statements since these entities are not financial institutions. All other subsidiaries are fully consolidated. 7. The existing or potential, actual or legal obstacles on the immediate transfer of shareholder’s equity between the Bank and its subsidiaries or reimbursement of liabilities: None.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish) Yapı ve Kredi Bankası A.Ş. Consolidated financial statements as of September 30, 2026 and December 31, 2025 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) The accompanying explanations and notes form an integral part of these consolidated financial statements . - 4 - Section Two - Consolidated financial statements 1. Consolidated balance sheet (Statement of Financial Position) Current Period Prior Period (30/09/2026) (31/12/2025) ASSETS Note (Section Five) TL FC Total TL FC Total I. FINANCIAL ASSETS (Net) 687.316 498.189 1.185.505 451.542 411.480 863.022 1.1 Cash and Cash Equivalents 1.1 514.725 443.874 958.599 277.903 369.794 647.697 1.1.1 Cash and Balances with Central Bank 476.264 353.850 830.114 234.636 306.808 541.444 1.1.2 Banks 1.4.1 38.608 90.281 128.889 43.340 63.225 106.565 1.1.3 Money Markets Receivables 1.4.2 - - - - - - 1.1.4 Expected Credit Losses (-) 147 257 404 73 239 312 1.2 Financial Assets Measured at Fair Value Through Profit Or Loss 1.2 1.482 1.803 3.285 3.473 513 3.986 1.2.1 Government Debt Securities - 295 295 - 290 290 1.2.2 Share Certificates 74 - 74 - - - 1.2.3 Other Financial Assets 1.408 1.508 2.916 3.473 223 3.696 1.3 Financial Assets Measured at Fair Value Through Other Comprehensive Income 1.5,1.6 166.599 38.955 205.554 163.059 30.900 193.959 1.3.1 Government Debt Securities 166.066 38.526 204.592 162.657 30.830 193.487 1.3.2 Share Certificates 281 73 354 242 65 307 1.3.3 Other Financial Assets 252 356 608 160 5 165 1.4 Derivative Financial Assets 1.3 4.510 13.557 18.067 7.107 10.273 17.380 1.4.1 Derivative Financial Assets Measured at Fair Value Through Profit or Loss 4.439 12.425 16.864 7.014 8.793 15.807 1.4.2 Derivative Financial Assets Measured at Fair Value Through Other Comprehensive Income 71 1.132 1.203 93 1.480 1.573 II. FINANCIAL ASSETS MEASURED AT AMORTISED COST (Net) 1.833.120 1.017.917 2.851.037 1.501.967 841.698 2.343.665 2.1 Loans 1.7 1.550.630 767.981 2.318.611 1.255.138 642.167 1.897.305 2.2 Receivables From Leasing Transactions (Net) 1.12 18.292 74.742 93.034 13.669 45.881 59.550 2.3 Factoring Receivables 48.706 19.348 68.054 26.695 10.143 36.838 2.4 Financial Assets Measured at Amortised Cost 1.8 291.407 172.649 464.056 260.690 160.553 421.243 2.4.1 Government Debt Securities 289.346 152.626 441.972 258.340 144.591 402.931 2.4.2 Other Financial Assets 2.061 20.023 22.084 2.350 15.962 18.312 2.5 Expected Credit Losses (-) 75.915 16.803 92.718 54.225 17.046 71.271 III. ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS (Net) 1.15 8.438 111 8.549 2.218 112 2.330 3.1 Assets Held for Sale 4.810 111 4.921 2.218 112 2.330 3.2 Discontinued Operations 3.628 - 3.628 - - - IV. INVESTMENTS IN ASSOCIATES, SUBSIDIARIES AND JOINT VENTURES 3.894 13.049 16.943 3.233 11.330 14.563 4.1 Investments in Associates (Net) 1.9 3.097 13.049 16.146 2.575 11.330 13.905 4.1.1 Consolidated based on Equity Method 2.858 13.049 15.907 2.336 11.330 13.666 4.1.2 Unconsolidated 239 - 239 239 - 239 4.2 Subsidiaries (Net) 1.10 797 - 797 658 - 658 4.2.1 Unconsolidated Financial Subsidiaries - - - - - - 4.2.2 Unconsolidated Non-Financial Subsidiaries 797 - 797 658 - 658 4.3 Joint Ventures (Net) 1.11 - - - - - - 4.3.1 Consolidated based on Equity Method - - - - - - 4.3.2 Unconsolidated - - - - - - V. PROPERTY AND EQUIPMENT (Net) 50.870 686 51.556 43.777 670 44.447 VI. INTANGIBLE ASSETS (Net) 6.020 660 6.680 4.894 619 5.513 6.1 Goodwill - - - - - - 6.2 Other 6.020 660 6.680 4.894 619 5.513 VII. INVESTMENT PROPERTY (Net) 1.13 - - - - - - VIII. CURRENT TAX ASSETS 9.215 - 9.215 4.205 - 4.205 IX. DEFERRED TAX ASSETS 1.14 632 238 870 421 133 554 X. OTHER ASSETS (Net) 1.16 210.833 63.099 273.932 185.705 58.928 244.633 TOTAL ASSETS 2.810.338 1.593.949 4.404.287 2.197.962 1.324.970 3.522.932
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish) Yapı ve Kredi Bankası A.Ş. Consolidated financial statements as of September 30, 2026 and December 31, 2025 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) The accompanying explanations and notes form an integral part of these consolidated financial statements . - 5 - 1. Consolidated balance sheet (Statement of Financial Position) Current Period Prior Period (30/09/2026) (31/12/2025) LIABILITIES Note (Section Five) TL FC Total TL FC Total I. DEPOSITS 2.1 1.419.567 1.020.267 2.439.834 1.064.682 894.461 1.959.143 II. BORROWINGS 2.3.1 79.601 393.049 472.650 97.624 314.485 412.109 III. MONEY MARKETS PAYABLES 163.454 - 163.454 96.359 5.849 102.208 IV. MARKETABLE SECURITIES ISSUED (Net) 2.3.3 94.397 359.179 453.576 42.918 256.110 299.028 4.1 Bills 72.852 16.610 89.462 28.031 - 28.031 4.2 Asset Backed Securities - 95.691 95.691 - 49.404 49.404 4.3 Bonds 21.545 246.878 268.423 14.887 206.706 221.593 V. FUNDS - - - - - - 5.1 Borrower Funds - - - - - - 5.2 Other - - - - - - VI. FINANCIAL LIABILITIES MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS 2.3.4 - 74.843 74.843 - 63.183 63.183 VII. DERIVATIVE FINANCIAL LIABILITIES 2.2 16.484 10.122 26.606 14.227 5.397 19.624 7.1 Derivative Liabilities Measured at Fair Value Through Profit or Loss 16.268 10.122 26.390 14.212 5.380 19.592 7.2 Derivative Liabilities Measured at Fair Value Through Other Comprehensive Income 216 - 216 15 17 32 VIII. FACTORING PAYABLES - - - - - - IX. LEASE PAYABLES (Net) 2.5 9.359 2.296 11.655 7.007 545 7.552 X. PROVISIONS 2.6 27.753 990 28.743 25.457 1.165 26.622 10.1 Provisions for Restructuring - - - - - - 10.2 Provisions for Employee Benefits 2.6.1 6.808 21 6.829 6.012 14 6.026 10.3 Insurance Technical Provisions (Net) - - - - - - 10.4 Other Provisions 2.6.3 20.945 969 21.914 19.445 1.151 20.596 XI. CURRENT TAX LIABILITIES 2.7 18.033 152 18.185 15.279 283 15.562 XII. DEFERRED TAX LIABILITIES 4.064 40 4.104 4.023 33 4.056 XIII. LIABILITIES FOR ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS (NET) 2.8 566 - 566 - - - 13.1 Held for Sale - - - - - - 13.2 Discontinued Operations 566 - 566 - - - XIV. SUBORDINATED DEBT 2.9 1.025 149.731 150.756 1.081 121.536 122.617 14.1 Loans - - - - - - 14.2 Other Facilities 1.025 149.731 150.756 1.081 121.536 122.617 XV. OTHER LIABILITIES 2.4 232.022 31.079 263.101 206.678 28.933 235.611 XVI. SHAREHOLDERS' EQUITY 2.10 295.336 878 296.214 252.641 2.976 255.617 16.1 Paid in Capital 8.447 - 8.447 8.447 - 8.447 16.2 Capital Reserves 2.636 - 2.636 2.358 - 2.358 16.2.1 Share Premium 557 - 557 557 - 557 16.2.2 Share Cancellation Profits - - - - - - 16.2.3 Other Capital Reserves 2.079 - 2.079 1.801 - 1.801 16.3 Other Accumulated Comprehensive Income That Will Not Be Reclassified In Profit or Loss 17.074 882 17.956 12.735 478 13.213 16.4 Other Accumulated Comprehensive Income That Will Be Reclassified In Profit or Loss 4.857 37 4.894 8.215 2.539 10.754 16.5 Profit Reserves 219.005 (41) 218.964 172.149 (41) 172.108 16.5.1 Legal Reserves 3.474 - 3.474 3.474 - 3.474 16.5.2 Statutory Reserves - - - - - - 16.5.3 Extraordinary Reserves 215.452 (41) 215.411 168.640 (41) 168.599 16.5.4 Other Profit Reserves 79 - 79 35 - 35 16.6 Profit or Loss 43.315 - 43.315 48.730 - 48.730 16.6.1 Prior Years' Profits or Losses 1.640 - 1.640 1.640 - 1.640 16.6.2 Current Period Net Profit or Loss 41.675 - 41.675 47.090 - 47.090 16.7 Minority Interest 2 - 2 7 - 7 TOTAL LIABILITIES 2.361.661 2.042.626 4.404.287 1.827.976 1.694.956 3.522.932
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish) Yapı ve Kredi Bankası A.Ş. Consolidated financial statements as of September 30, 2026 and December 31, 2025 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) The accompanying explanations and notes form an integral part of these consolidated financial statements . - 6 - 2. Consolidated off-balance sheet commitments Current Period Prior Period (30/09/2026) (31/12/2025) OFF-BALANCE SHEET COMMITMENTS Note (Section Five) TL FC Total TL FC Total A. OFF-BALANCE SHEET COMMITMENTS (I+II+III) 3.901.740 3.225.303 7.127.043 3.706.218 3.183.093 6.889.311 I. GUARANTEES AND WARRANTIES 3.1.2.1,2 472.227 463.374 935.601 390.710 383.238 773.948 1.1. Letters of Guarantee 3.1.2.2 434.395 274.834 709.229 364.116 236.615 600.731 1.1.1. Guarantees Subject to State Tender Law 159.672 43.839 203.511 101.068 28.174 129.242 1.1.2. Guarantees Given for Foreign Trade Operations 138.133 225.433 363.566 117.738 204.063 321.801 1.1.3. Other Letters of Guarantee 136.590 5.562 142.152 145.310 4.378 149.688 1.2. Bank Acceptances - 2.578 2.578 - 3.401 3.401 1.2.1. Import Letter of Acceptance - 2.578 2.578 - 3.401 3.401 1.2.2. Other Bank Acceptances - - - - - - 1.3. Letters of Credit 63 149.197 149.260 107 109.132 109.239 1.3.1. Documentary Letters of Credit 63 149.186 149.249 107 109.121 109.228 1.3.2. Other Letters of Credit - 11 11 - 11 11 1.4. Prefinancing Given as Guarantee - - - - - - 1.5. Endorsements - - - - - - 1.5.1. Endorsements to the Central Bank of the Republic of Türkiye - - - - - - 1.5.2. Other Endorsements - - - - - - 1.6. Purchase Guarantees for Securities Issued - - - - - - 1.7. Factoring Guarantees - - - - - - 1.8. Other Guarantees 37.769 19.688 57.457 26.487 20.295 46.782 1.9. Other Warranties - 17.077 17.077 - 13.795 13.795 II. COMMITMENTS 1.926.021 354.976 2.280.997 2.437.302 469.461 2.906.763 2.1. Irrevocable Commitments 3.1.1 1.911.443 295.620 2.207.063 2.421.433 392.208 2.813.641 2.1.1. Asset Purchase and Sale Commitments 86.568 286.771 373.339 95.859 387.805 483.664 2.1.2. Deposit Purchase and Sales Commitments - - - - - - 2.1.3. Share Capital Commitments to Associates and Subsidiaries 420 - 420 - - - 2.1.4. Loan Granting Commitments 250.965 7.577 258.542 215.467 3.719 219.186 2.1.5. Securities Issue Brokerage Commitments - - - - - - 2.1.6. Commitments for Reserve Requirements - - - - - - 2.1.7. Commitments for Checks Payments 24.498 - 24.498 17.128 - 17.128 2.1.8. Tax and Fund Liabilities from Export Commitments 77 - 77 28 - 28 2.1.9. Commitments for Credit Card Expenditure Limits 1.237.412 - 1.237.412 1.567.909 - 1.567.909 2.1.10. Commitments for Credit Cards and Banking Services Promotions 73 - 73 97 - 97 2.1.11. Receivables from Short Sale Commitments of Marketable Securities - - - - - - 2.1.12. Payables for Short Sale Commitments of Marketable Securities - - - - - - 2.1.13. Other Irrevocable Commitments 311.430 1.272 312.702 524.945 684 525.629 2.2. Revocable Commitments 14.578 59.356 73.934 15.869 77.253 93.122 2.2.1. Revocable Loan Granting Commitments 14.454 58.794 73.248 15.774 76.671 92.445 2.2.2. Other Revocable Commitments 124 562 686 95 582 677 III. DERIVATIVE FINANCIAL INSTRUMENTS 1.503.492 2.406.953 3.910.445 878.206 2.330.394 3.208.600 3.1 Derivative Financial Instruments Held for Hedging 21.734 26.459 48.193 3.009 48.177 51.186 3.1.1 Fair Value Hedges - 4.649 4.649 - 4.601 4.601 3.1.2 Cash Flow Hedges 21.734 21.810 43.544 3.009 43.576 46.585 3.1.3 Hedges for Investments made in Foreign Countries - - - - - - 3.2 Trading Transactions 1.481.758 2.380.494 3.862.252 875.197 2.282.217 3.157.414 3.2.1 Forward Foreign Currency Purchase and Sale Transactions 197.280 195.016 392.296 157.970 145.884 303.854 3.2.1.1 Forward Foreign Currency Purchase Transactions 15.363 173.127 188.490 24.445 120.581 145.026 3.2.1.2 Forward Foreign Currency Sale Transactions 181.917 21.889 203.806 133.525 25.303 158.828 3.2.2 Currency and Interest Rate Swaps 1.062.190 1.259.810 2.322.000 609.445 1.513.298 2.122.743 3.2.2.1 Currency Swap Purchase Transactions 2.653 310.319 312.972 4.754 347.472 352.226 3.2.2.2 Currency Swap Sale Transactions 217.843 109.077 326.920 181.171 191.956 373.127 3.2.2.3 Interest Rate Swap Purchase Transactions 420.847 420.207 841.054 211.760 486.935 698.695 3.2.2.4 Interest Rate Swap Sale Transactions 420.847 420.207 841.054 211.760 486.935 698.695 3.2.3 Currency, Interest Rate and Securities Options 138.448 306.800 445.248 52.630 129.901 182.531 3.2.3.1 Currency Purchase Options 14.114 168.611 182.725 4.808 71.493 76.301 3.2.3.2 Currency Sale Options 124.334 70.029 194.363 47.822 30.604 78.426 3.2.3.3 Interest Rate Purchase Options - 36.712 36.712 - 16.563 16.563 3.2.3.4 Interest Rate Sale Options - 31.448 31.448 - 11.241 11.241 3.2.3.5 Securities Purchase Options - - - - - - 3.2.3.6 Securities Sale Options - - - - - - 3.2.4 Currency Futures 82.229 78.900 161.129 54.553 52.598 107.151 3.2.4.1 Currency Purchase Futures 5.196 74.235 79.431 7 52.592 52.599 3.2.4.2 Currency Sale Futures 77.033 4.665 81.698 54.546 6 54.552 3.2.5 Interest Rate Futures - - - - - - 3.2.5.1 Interest Rate Purchase Futures - - - - - - 3.2.5.2 Interest Rate Sale Futures - - - - - - 3.2.6 Other 1.611 539.968 541.579 599 440.536 441.135 B. CUSTODY AND PLEDGES RECEIVED (IV+V+VI) 3.577.416 2.507.348 6.084.764 3.035.807 2.207.867 5.243.674 IV. ITEMS HELD IN CUSTODY 772.140 386.246 1.158.386 582.429 308.234 890.663 4.1. Assets under Management 403.520 304.656 708.176 326.352 236.840 563.192 4.2. Securities Held in Custody 72.970 74.182 147.152 8.957 64.490 73.447 4.3. Checks Received for Collection 241.369 312 241.681 198.789 147 198.936 4.4. Commercial Notes Received for Collection 54.223 6.352 60.575 48.273 6.088 54.361 4.5. Other Assets Received for Collection - 593 593 - 534 534 4.6. Securities Received for Public Offering - - - - - - 4.7. Other Items under Custody 58 151 209 58 135 193 4.8. Custodians - - - - - - V. PLEDGES RECEIVED 2.730.118 1.974.858 4.704.976 2.392.126 1.768.175 4.160.301 5.1. Marketable Securities 133.972 1.387 135.359 133.969 1.219 135.188 5.2. Guarantee Notes 22.649 6.274 28.923 22.958 5.213 28.171 5.3. Commodity 7 - 7 8 - 8 5.4. Warrant - - - - - - 5.5. Immovables 1.667.250 14.758 1.682.008 1.356.109 9.476 1.365.585 5.6. Other Pledged Items 906.240 1.952.351 2.858.591 879.082 1.752.190 2.631.272 5.7. Depositories Receiving Pledged Items - 88 88 - 77 77 VI. ACCEPTED INDEPENDENT GUARANTEES AND WARRANTIES 75.158 146.244 221.402 61.252 131.458 192.710 TOTAL OFF-BALANCE SHEET COMMITMENTS (A+B) 7.479.156 5.732.651 13.211.807 6.742.025 5.390.960 12.132.985
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish) Yapı ve Kredi Bankası A.Ş. Consolidated financial statements as of September 30, 2026 and 2025 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) The accompanying explanations and notes form an integral part of these consolidated financial statements . - 7 - 3. Consolidated statements of profit or loss Note (Section Five) Current Period Prior Period INCOME AND EXPENSE ITEMS (01/01/2026 - 30/09/2026) (01/01/2025 - 30/09/2025) I. INTEREST INCOME 4.1 567.990 445.668 1.1 Interest on Loans 4.1.1 373.239 291.435 1.2 Interest Received from Reserve Deposits 44.261 37.191 1.3 Interest Received from Banks 4.1.2 32.866 19.510 1.4 Interest Received from Money Market Transactions 323 612 1.5 Interest Received from Marketable Securities Portfolio 4.1.3 92.769 80.954 1.5.1 Financial Assets Measured at Fair Value Through Profit or Loss 160 114 1.5.2 Financial Assets Measured at Fair Value Through Other Comprehensive Income 37.697 30.786 1.5.3 Financial Assets Measured at Amortised Cost 54.912 50.054 1.6 Financial Lease Income 7.822 6.025 1.7 Other Interest Income 16.710 9.941 II. INTEREST EXPENSE (-) 4.2 384.917 336.890 2.1 Interest on Deposits 4.2.5 258.503 217.608 2.2 Interest on Funds Borrowed 4.2.1 42.636 31.371 2.3 Interest Expense on Money Market Transactions 4.2.4 35.564 63.362 2.4 Interest on Securities Issued 4.2.3 45.921 23.235 2.5 Interest on Lease Payables 1.236 780 2.6 Other Interest Expense 1.057 534 III. NET INTEREST INCOME/EXPENSE (I - II) 183.073 108.778 IV. NET FEES AND COMMISSIONS INCOME/EXPENSE 98.268 82.348 4.1 Fees and Commissions Received 158.801 123.121 4.1.1 Non-cash Loans 5.196 4.540 4.1.2 Other 4.11 153.605 118.581 4.2 Fees and Commissions Paid 60.533 40.773 4.2.1 Non-cash Loans 218 119 4.2.2 Other 4.11 60.315 40.654 V DIVIDEND INCOME 433 334 VI. TRADING PROFIT/LOSS (Net) 4.3 (76.737) (39.557) 6.1 Trading Gains/Losses on Securities 4.742 4.029 6.2 Derivative Financial Transactions Gains/Losses (55.317) 3.772 6.3 Foreign Exchange Gains/Losses (26.162) (47.358) VII. OTHER OPERATING INCOME 4.5 22.067 17.796 VIII. GROSS PROFIT FROM OPERATING ACTIVITIES (III+IV+V+VI+VII) 227.104 169.699 IX. ALLOWANCE FOR EXPECTED CREDIT LOSSES ( -) 4.4 57.953 39.587 X. OTHER PROVISION EXPENSES (-) 4.4 1.310 108 XI. PERSONNEL EXPENSES (-) 42.073 31.288 XII. OTHER OPERATING EXPENSES (-) 4.6 73.380 55.087 XIII. NET OPERATING PROFIT/LOSS (VIII -IX-X-XI-XII) 52.388 43.629 XIV. SURPLUS WRITTEN AS GAIN AFTER MERGER - - XV. PROFIT/LOSS FROM EQUITY METHOD APPLIED SUBSIDIARIES 1.769 1.342 XVI. NET MONETARY POSITION GAIN/LOSS - - XVII. PROFIT/LOSS BEFORE TAXES FROM CONTINUING OPERATIONS (XIII+...+XVI) 4.7 54.157 44.971 XVIII. PROVISION FOR TAXES ON INCOME FROM CONTINUING OPERATIONS (±) 4.8 14.776 8.720 18.1 Current Tax Provision 9.288 3.780 18.2 Expense Effect of Deferred Tax (+) 5.488 4.940 18.3 Income Effect of Deferred Tax (-) - - XIX. NET PROFIT/LOSS FROM CONTINUING OPERATIONS (XVII±XVIII) 39.381 36.251 XX. INCOME FROM DISCONTINUED OPERATIONS 3.626 2.402 20.1 Income from Assets Held for Sale - - 20.2 Profit from Sale of Associates, Subsidiaries and Joint Ventures - - 20.3 Other Income from Discontinued Operations 3.626 2.402 XXI. EXPENSES FROM DISCONTINUED OPERATIONS ( -) 465 334 21.1 Expenses on Assets Held for Sale - - 21.2 Losses from Sale of Associates, Subsidiaries and Joint Ventures - - 21.3 Other Expenses from Discontinued Operations 465 334 XXII. PROFIT/LOSS BEFORE TAXES FROM DISCONTINUED OPERATIONS (XX - XXI) 4.7 3.161 2.068 XXIII. TAX PROVISION FOR DISCONTINUED OPERATIONS (±) 4.8 866 507 23.1 Current Tax Provision 892 545 23.2 Expense Effect of Deferred Tax (+) - - 23.3 Income Effect of Deferred Tax (-) 26 38 XXIV. NET PROFIT/ LOSS FROM DISCONTINUED OPERATIONS (XXII±XXIII) 2.295 1.561 XXV. NET PROFIT/LOSS (XIX+XXIV) 4.9 41.676 37.812 25.1 Group`s Profit/Loss 41.675 37.810 25.2 Minority Shares 4.10 1 2 Earnings/(loss) per share (Full TL) 0,0493 0,0448
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish) Yapı ve Kredi Bankası A.Ş. Consolidated financial statements as of September 30, 2026 and 2025 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) The accompanying explanations and notes form an integral part of these consolidated financial statements . - 8 - 3. Consolidated statements of profit or loss Note (Section Five) Current Period Prior Period INCOME AND EXPENSE ITEMS (01/07/2026 - 30/09/2026) (01/07/2025 - 30/09/2025) I. INTEREST INCOME 4.1 208.465 164.832 1.1 Interest on Loans 4.1.1 135.350 106.183 1.2 Interest Received from Reserve Deposits 15.828 13.654 1.3 Interest Received from Banks 4.1.2 14.275 8.981 1.4 Interest Received from Money Market Transactions 87 272 1.5 Interest Received from Marketable Securities Portfolio 4.1.3 33.131 30.059 1.5.1 Financial Assets Measured at Fair Value Through Profit or Loss 65 41 1.5.2 Financial Assets Measured at Fair Value Through Other Comprehensive Income 14.127 11.905 1.5.3 Financial Assets Measured at Amortised Cost 18.939 18.113 1.6 Financial Lease Income 2.963 2.070 1.7 Other Interest Income 6.831 3.613 II. INTEREST EXPENSE (-) 4.2 142.264 120.615 2.1 Interest on Deposits 4.2.5 97.136 78.473 2.2 Interest on Funds Borrowed 4.2.1 15.030 8.753 2.3 Interest Expense on Money Market Transactions 4.2.4 10.797 24.390 2.4 Interest on Securities Issued 4.2.3 18.632 8.561 2.5 Interest on Lease Payables 469 290 2.6 Other Interest Expense 200 148 III. NET INTEREST INCOME/EXPENSE (I - II) 66.201 44.217 IV. NET FEES AND COMMISSIONS INCOME/EXPENSE 34.374 31.314 4.1 Fees and Commissions Received 56.138 47.986 4.1.1 Non-cash Loans 1.812 1.611 4.1.2 Other 4.11 54.326 46.375 4.2 Fees and Commissions Paid 21.764 16.672 4.2.1 Non-cash Loans 77 47 4.2.2 Other 4.11 21.687 16.625 V DIVIDEND INCOME - 4 VI. TRADING PROFIT/LOSS (Net) 4.3 (30.673) (17.798) 6.1 Trading Gains/Losses on Securities 468 1.583 6.2 Derivative Financial Transactions Gains/Losses (5.651) 5.146 6.3 Foreign Exchange Gains/Losses (25.490) (24.527) VII. OTHER OPERATING INCOME 4.5 4.284 4.540 VIII. GROSS PROFIT FROM OPERATING ACTIVITIES (III+IV+V+VI+VII) 74.186 62.277 IX. ALLOWANCE FOR EXPECTED CREDIT LOSSES ( -) 4.4 18.744 12.216 X. OTHER PROVISION EXPENSES (-) 4.4 71 26 XI. PERSONNEL EXPENSES (-) 15.280 11.463 XII. OTHER OPERATING EXPENSES (-) 4.6 27.233 20.611 XIII. NET OPERATING PROFIT/LOSS (VIII -IX-X-XI-XII) 12.858 17.961 XIV. SURPLUS WRITTEN AS GAIN AFTER MERGER - - XV. PROFIT/LOSS FROM EQUITY METHOD APPLIED SUBSIDIARIES 708 405 XVI. NET MONETARY POSITION GAIN/LOSS - - XVII. PROFIT/LOSS BEFORE TAXES FROM CONTINUING OPERATIONS (XIII+...+XVI) 4.7 13.566 18.366 XVIII. PROVISION FOR TAXES ON INCOME FROM CONTINUING OPERATIONS (±) 4.8 3.729 3.885 18.1 Current Tax Provision (2.403) 1.348 18.2 Expense Effect of Deferred Tax (+) 6.132 2.537 18.3 Income Effect of Deferred Tax (-) - - XIX. NET PROFIT/LOSS FROM CONTINUING OPERATIONS (XVII±XVIII) 9.837 14.481 XX. INCOME FROM DISCONTINUED OPERATIONS 1.309 897 20.1 Income from Assets Held for Sale - - 20.2 Profit from Sale of Associates, Subsidiaries and Joint Ventures - - 20.3 Other Income from Discontinued Operations 1.309 897 XXI. EXPENSES FROM DISCONTINUED OPERATIONS ( -) 165 118 21.1 Expenses on Assets Held for Sale - - 21.2 Losses from Sale of Associates, Subsidiaries and Joint Ventures - - 21.3 Other Expenses from Discontinued Operations 165 118 XXII. PROFIT/LOSS BEFORE TAXES FROM DISCONTINUED OPERATIONS (XX - XXI) 4.7 1.144 779 XXIII. TAX PROVISION FOR DISCONTINUED OPERATIONS (±) 4.8 317 197 23.1 Current Tax Provision 329 206 23.2 Expense Effect of Deferred Tax (+) - - 23.3 Income Effect of Deferred Tax (-) 12 9 XXIV. NET PROFIT/ LOSS FROM DISCONTINUED OPERATIONS (XXII±XXIII) 827 582 XXV. NET PROFIT/LOSS (XIX+XXIV) 4.9 10.664 15.063 25.1 Group`s Profit/Loss 10.665 15.062 25.2 Minority Shares 4.10 (1) 1 Earnings/(loss) per share (Full TL) 0,0126 0,0178
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Consolidated financial statements as of September 30, 2026 and 2025 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) The accompanying explanations and notes form an integral part of these consolidated financial statements . - 9 - 4. Consolidated statement of profit or loss and other comprehensive income Current Period Prior Period (01/01/2026 - 30/09/2026) (01/01/2025 - 30/09/2025) I. PROFIT / (LOSS) 41.676 37.812 II. OTHER COMPREHENSIVE INCOME (1.117) 11.023 2.1 Other Comprehensive Income That Will Not Be Reclassified To Profit or Loss 4.743 6.515 2.1.1. Gains (losses) on Revaluation of Property, Plant and Equipment 4.404 8.655 2.1.2. Gains (losses) on Revaluation of Intangible Assets - - 2.1.3. Gains (losses) on Remeasurements of Defined Benefit Plans (517) (412) 2.1.4. Other Components of Other Comprehensive Income That Will Not Be Reclassified To Profit or Loss (2) 5 2.1.5. Taxes Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit or Loss 858 (1.733) 2.2. Other Comprehensive Income That Will Be Reclassified To Profit or Loss (5.860) 4.508 2.2.1. Exchange Differences on Translation 5.597 11.307 2.2.2. Valuation and/or Reclassification Profit or Loss from Financial Assets Measured at Fair Value Through Other Comprehensive Income (11.944) (780) 2.2.3. Income (loss) Related with Cash Flow Hedges (337) (731) 2.2.4. Income (loss) Related with Hedges of Net Investments in Foreign Operations (4.022) (8.216) 2.2.5. Other Components of Other Comprehensive Income That Will be Reclassified To Other Profit or Loss (46) 10 2.2.6. Taxes Relating To Components Of Other Comprehensive Income That Will Be Reclassified To Profit or Loss 4.892 2.918 III. TOTAL COMPREHENSIVE INCOME (LOSS) (I+II) 40.559 48.835
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish) Yapı ve Kredi Bankası A.Ş. Consolidated statement of changes in shareholders’ equity as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) The accompanying explanations and notes form an integral part of these consolidated financial statements . - 10 - 5. Consolidated statement of changes in shareholders’ equity Current Period Other Accumulated Comprehensive Income Other Accumulated Comprehensive Income (30/09/2026) That Will Not Be Reclassified In Profit or Loss That Will Be Reclassified In Profit or Loss Changes in shareholder’s equity Paid in Share Share certificate Other capital Profit Prior period Current period Total equity except Minority Total capital premium cancellation profits reserves 1 2 3 4 5 6 reserves net profit/(loss) net profit/(loss) minority interest Interest shareholders’ equity I. Balance at the beginning of the period 8.447 557 - 1.801 25.375 (12.258) 96 36.384 (9.052) (16.578) 172.108 1.640 47.090 255.610 7 255.617 II. Adjustment in accordance with TAS 8 - - - - - - - - - - - - - - - - 2.1 Effect of adjustment - - - - - - - - - - - - - - - - 2.2. Effect of changes in accounting policies - - - - - - - - - - - - - - - - III. New balance (I+II) 8.447 557 - 1.801 25.375 (12.258) 96 36.384 (9.052) (16.578) 172.108 1.640 47.090 255.610 7 255.617 IV. Total comprehensive income (loss) - - - - 5.107 (362) (2) 5.597 (8.360) (3.097) - - 41.675 40.558 1 40.559 V. Capital increase in cash - - - - - - - - - - - - - - - - VI. Capital increase through internal reserves - - - - - - - - - - - - - - - - VII. Issued capital inflation adjustment difference - - - - - - - - - - - - - - - - VIII. Convertible bonds - - - - - - - - - - - - - - - - IX. Subordinated debt - - - - - - - - - - - - - - - - X. Increase (decrease) through other changes - - - 39 - - - - - - 5 - - 44 (5) 39 XI. Profit distribution - - - 239 - - - - - - 46.851 - (47.090) - (1) (1) 11.1. Dividends distributed - - - - - - - - - - - - - - (1) (1) 11.2. Transfers to legal reserves - - - 239 - - - - - - 46.851 - (47.090) - - - 11.3. Other - - - - - - - - - - - - - - - - Period end balance (III+IV+…...+X+XI) 8.447 557 - 2.079 30.482 (12.620) 94 41.981 (17.412) (19.675) 218.964 1.640 41.675 296.212 2 296.214 1. Tangible assets revaluation reserve, 2. Accumulated gains / losses on remeasurements of defined benefit plans, 3. Other comprehensive income of associates and joint ventures accounted for using equity method that will not be reclassified to prof it or loss and other accumulated amounts of other comprehensive income that will not be reclassified to profit or loss, 4. Exchange differences on translation reserve, 5. Accumulated gains (losses) due to revaluation and/or reclassification of financial assets measured at fair value through other comprehensive income, 6. Accumulated gains or losses on cash flow hedges , other comprehensive income of associates and joint ventures accounted for using equity method that will be reclassified to profit or loss and net investment hedges.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish) Yapı ve Kredi Bankası A.Ş. Consolidated statement of changes in shareholders’ equity as of September 30, 2025 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) The accompanying explanations and notes form an integral part of these consolidated financial statements . - 11 - 5. Consolidated statement of changes in shareholders’ equity Prior Period Other Accumulated Comprehensive Income Other Accumulated Comprehensive Income (30/09/2025) That Will Not Be Reclassified In Profit or Loss That Will Be Reclassified In Profit or Loss Changes in shareholder’s equity Paid in Share Share certificate Other capital Profit Prior period Current period Total equity except Minority Total capital premium cancellation profits reserves 1 2 3 4 5 6 reserves net profit/(loss) net profit/(loss) minority interest Interest shareholders’ equity I. Balance at the beginning of the period 8.447 557 - 1.711 17.507 (10.898) 90 23.527 (12.810) (9.513) 143.534 1.640 29.017 192.809 5 192.814 II. Adjustment in accordance with TAS 8 - - - - - - - - - - - - - - - - 2.1 Effect of adjustment - - - - - - - - - - - - - - - - 2.2. Effect of changes in accounting policies - - - - - - - - - - - - - - - - III. New balance (I+II) 8.447 557 - 1.711 17.507 (10.898) 90 23.527 (12.810) (9.513) 143.534 1.640 29.017 192.809 5 192.814 IV. Total comprehensive income (loss) - - - - 6.798 (288) 5 11.307 (546) (6.253) - - 37.810 48.833 2 48.835 V. Capital increase in cash - - - - - - - - - - - - - - - - VI. Capital increase through internal reserves - - - - - - - - - - - - - - - - VII. Issued capital inflation adjustment difference - - - - - - - - - - - - - - - - VIII. Convertible bonds - - - - - - - - - - - - - - - - IX. Subordinated debt - - - - - - - - - - - - - - - - X. Increase (decrease) through other changes - - - 38 - - - - - - (391) - - (353) - (353) XI. Profit distribution - - - 52 - - - - - - 28.965 - (29.017) - (1) (1) 11.1. Dividends distributed - - - - - - - - - - - - - - (1) (1) 11.2. Transfers to legal reserves - - - 52 - - - - - - 28.965 - (29.017) - - - 11.3. Other - - - - - - - - - - - - - - - - Period end balance (III+IV+…...+X+XI) 8.447 557 - 1.801 24.305 (11.186) 95 34.834 (13.356) (15.766) 172.108 1.640 37.810 241.289 6 241.295 1. Tangible assets revaluation reserve, 2. Accumulated gains / losses on remeasurements of defined benefit plans, 3. Other comprehensive income of associates and joint ventures accounted for using equity method that will not be reclassified t o profit or loss and other accumulated amounts of other comprehensive income that will not be reclassified to profit or loss , 4. Exchange differences on translation reserve, 5. Accumulated gains (losses) due to revaluation and/or reclassification of financial assets measured at fair value through other comprehensive income, 6. Accumulated gains or losses on cash flow hedges, other comprehensive income of associates and joint ventures accounted for us ing equity method that will be reclassified to profit or loss and net investment hedges.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Consolidated financial statements as of September 30, 2026 and 2025 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) The accompanying explanations and notes form an integral part of these consolidated financial statements . - 12 - 6. Consolidated statement of cash flows Note (Section Five) Current Period Prior Period (30/09/2026) (30/09/2025) A. CASH FLOWS FROM BANKING OPERATIONS 1.1 Operating profit before changes in operating assets and liabilities 70.030 46.687 1.1.1 Interest received 495.783 399.279 1.1.2 Interest paid (371.395) (339.235) 1.1.3 Dividend received 433 334 1.1.4 Fees and commissions received 158.801 124.986 1.1.5 Other income (48.903) (30.032) 1.1.6 Collections from previously written-off loans and other receivables 17.374 18.493 1.1.7 Cash Payments to personnel and service suppliers (110.034) (81.939) 1.1.8 Taxes paid (18.728) (6.471) 1.1.9 Other (53.301) (38.728) 1.2 Changes in operating assets and liabilities subject to banking operations 95.121 (42.948) 1.2.1 Net (increase) decrease in financial assets measured at fair value through profit or loss 687 (1.138) 1.2.2 Net (increase) decrease in due from banks (34.072) (95.915) 1.2.3 Net (increase) decrease in loans (499.698) (477.685) 1.2.4 Net (increase) decrease in other assets (24.620) (52.293) 1.2.5 Net increase (decrease) in bank deposits 23.730 (11.311) 1.2.6 Net increase (decrease) in other deposits 448.727 434.346 1.2.7 Net increase (decrease) in financial liabilities measured at fair value through profit or loss 10.755 (13.401) 1.2.8 Net increase (decrease) in funds borrowed 93.124 111.194 1.2.9 Net increase (decrease) in matured payables - - 1.2.10 Net increase (decrease) in other liabilities 76.488 63.255 I. Net cash provided from banking operations 165.151 3.739 B. CASH FLOWS FROM INVESTING ACTIVITIES II. Net cash provided from investing activities (23.357) (34.138) 2.1 Cash paid for the purchase of associates, subsidiaries and joint ventures (145) (826) 2.2 Cash obtained from the sale of associates, subsidiaries and joint ventures - - 2.3 Cash paid for the purchase of tangible and intangible asset (5.088) (4.006) 2.4 Cash obtained from the sale of tangible and intangible asset 2.958 202 2.5 Cash paid for the purchase of financial assets measured at fair value through other comprehensive income (207.645) (145.501) 2.6 Cash obtained from the sale of financial assets measured at fair value through other comprehensive income 182.623 96.263 2.7 Cash paid for the purchase of financial assets at amortised cost (15.685) (21.755) 2.8 Cash obtained from sale of financial assets at amortised cost 19.625 41.485 2.9 Other - - C. CASH FLOWS FROM FINANCING ACTIVITIES III. Net cash flows from financing activities 119.303 104.440 3.1 Cash obtained from funds borrowed and securities issued 241.464 207.689 3.2 Cash outflow from funds borrowed and securities issued (118.977) (101.167) 3.3 Equity instruments issued - - 3.4 Dividends paid (1) (1) 3.5 Payments for finance lease liabilities (3.183) (2.081) 3.6 Other - - IV. Effect of change in foreign exchange rate on cash and cash equivalents 26.809 44.583 V. Net increase (decrease) in cash and cash equivalents 287.906 118.624 VI. Cash and cash equivalents at beginning of the period 360.737 287.777 VII. Cash and cash equivalents at end of the period 648.643 406.401
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 13 - Section Three - Accounting policies 1. Explanations on basis of presentation: The Parent Bank maintains its books of accounts in Turkish Lira in accordance with the Banking Act No. 5411 (“Banking Act”), which is effective from November 1, 2005, the Turkish Commercial Code (“TCC”) and Turkish Tax Legislation. The consolidated financial statements prepared in accordance with the “Regulation on the Principles and Procedures Regarding Banks Accounting Applications and Safeguarding of Documents” published in the Official Gazette No. 26333 dated November 1, 2006 and other communiqués, interpretations and legislations published by the Banking Regulation and Supervision Agency (“BRSA”) Turkish Accounting Standards (“TAS 34”) – Interim Financial Reporting Standards and Turkish Financial Reporting Standards (“TFRS”) publ ished by the Public Oversight Accounting and Auditing Standards Authority (“POA”) for the matters not regulated by the aforementioned legislations published by BRSA . The format and the details of the publicly announced financial statements and related disclosures to these statements have been prepared in accordance with the “Communiqué Related to Publicly Announced Financial Statements of Banks and Explanations and Not es Related to these Financial Statements” and changes and notes to this communiqué published in the Official Gazette No. 28337 dated June 28, 2012. The accompanying consolidated financial statements and notes to these financial statements are expressed in millions of Turkish Lira (TL), unless otherwise stated. The financial statements of subsidiaries operating abroad have been prepared in accordance with legislations and regulations of the country in which they are operating, however in order to provide f air presentation according to TFRS, necessary adjustments and reclassifications are reflected to those financial statements. The accompanying consolidated financial statements are prepared in accordance with the historical cost basis, except for financial assets and liabilities measured at fair value through profit or loss, financial assets measured at fair value through other comprehensive income, derivative financial assets/liabilities, buildings and art objects and paintings in tangible assets. Besides, the carrying values of assets carried at amortized cost but subject to fair value hedge are adjusted to reflect the fair value changes related to the hedged risks. The accounting policies and valuation principles employed for the preparation of consolidated financial statements are in compliance with TFRS requires the use of certain accounting estimates by the Group management to exercise its judgment on the assets a nd liabilities on the balance sheet and contingent assets and liabilities as of the balance sheet date. These estimates are being reviewed regularly and, when necessary, suitable corrections are made and the effects of these corrections are explained in the related notes and reflected to the income statement. The preparation and fair presentation of the financial statement and used principles of valuation in accordance with “Accounting and Reporting Legislation” published in the regulation, communique, interpretations and circular published by BRSA and If no specific regulation has been made by BRSA, it has been determined and applied according to the principles of TFRS. The accounting policies applied are consistent with the accounting policies applied in the annual consolidated financial statements for the year ended December 31, 2025. On November 23, 2023, P OA announced that entities reporting under the TFRS should begin implementing "TAS 29 - Financial Reporting in Hyperinflationary Economies" standard in their financial statements from periods ending on and after December 31, 2023. Besides, regulatory and auditing bodies that are authorized in their respective areas have flexibility to determine alternative transition dates for the application of TAS - 29. Within the scope of decision dated December 18 , 2025 numbered 11340 by the BRSA, banks, financial leasing, factoring, financing, savings financing, and asset management companies are not subject to inflation adjustments in their financial statements required under TAS 29.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 14 - 2. Explanations on strategy of using financial instruments and foreign currency transactions: The general strategy of the Group in using financial instruments is to sustain an optimal balance between the yield of the instruments and their risks. The most important funding source of the Group is deposits. For non-deposit items, the Group maintains longer -term funding structure especially through long- term foreign borrowings. Funds obtained from deposits and other sources are invested in quality financial assets in order to keep currency, interest rate and liquidity risks within the limits determined by the asset-liability strategy. The currency, interest and liquidity risks of on-balance sheet and off-balance sheet assets and liabilities are managed in accordance with the risk limits accepted by the Group and the related legal limits. Derivative instruments are mainly utilised for liquidity needs and for mitigating currency and interest rate risks. The position of the Group as a result of foreign currency activities is being held at minimum levels and the currency risk exposure is monitored within limi ts determined levels by the Board of Directors under the context of Banking Act. Foreign currency denominated monetary assets and liabilities are translated with the Parent Bank exchange rates prevailing at the balance sheet date. Gains and losses arising from such valuations are recognised in the income statement under the account of “Foreign exchange gains or losses”, except for valuation differences arising from foreign currency participations, subsidiaries and foreign currency non-performing loans. The Group hedges part of the currency translation risk of net investments in foreign operations through currency borrowings. The effective portion of the foreign exchange difference of these financial liabilities is recognised in “Other accumulated comprehensive income that will be reclassified in profit or loss” in equity. In order to eliminate the inconsistency in the recognition, t he Group, might classify its financial liabilities as the financial liabilities classified at fair value through profit/loss upon the initial recognition. 3. Information on consolidation principles: 3.1. Consolidation principles applied: The consolidated financial statements have been prepared in accordance with the procedures listed in the “Communiqué related to the Regulation on the Preparation of the Consolidated Financial Statements of Banks” published in the Official Gazette No. 26340 dated November 8, 2006 and “TFRS 10 - Consolidated Financial Statements”. 3.1.1. Consolidation principles of subsidiaries: Subsidiaries are the entities controlled directly or indirectly by the Parent Bank. Control is defined as the power over the investee, exposure or rights to variable returns from its involvement with the investee and the ability to use its power over the investee to affect the amount of the Parent Bank’s returns. Subsidiaries are consolidated with full consolidation method by considering the results of their activities and the size of their assets and shareholders’ equity. Financial statements of the related subsidiaries are included in the consolidated financial s tatements from the date control is transferred to the Group and they are taken out of consolidation scope when control no longer exists. Where necessary, accounting policies of subsidiaries have been changed to ensure consistency with the policies adopted by the Group. In accordance with the full consolidation method, balance sheet, income statement and off balance sheet items of the subsidiaries have been consolidated line by line with the balance sheet, income statement and off balance sheet of the Parent Bank. The book value of the investments of the Group in each subsidiary has been netted off with the portion of each subsidiary’s capital that belongs to the Group. Unrealized gains and losses and balances resulting from the transactions among the entities included in consolidation have been eliminated. In the consolidated balance sheet and income statement, minority interest has been presented separately from the shares of the Group shareholders.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 15 - The subsidiaries included in consolidation, their title, their place of incorporation, their main activities and their effective shareholding rates are as follows: Title Operation Centre (City/ Country) Main activities Effective rates (%) Direct and indirect rates (%) September 30, 2026 September 30, 2026 Yapı Kredi Leasing Istanbul/Türkiye Leasing 99,99 99,99 Yapı Kredi Faktoring Istanbul/ Türkiye Factoring 99,99 100,00 Yapı Kredi Menkul Istanbul/ Türkiye Investment Management 100,00 100,00 Yapı Kredi Portföy Istanbul/ Türkiye Portfolio Management 99,97 99,97 Yapı Kredi Holding B.V. Amsterdam/Netherlands Financial Holding 100,00 100,00 Yapı Kredi Bank Nederland N.V. Amsterdam/Netherlands Banking 100,00 100,00 Yapı Kredi Azerbaijan Baku /Azerbaijan Banking 100,00 100,00 Yapı Kredi Bank Deutschland OHG Frankfurt/Germany Banking 100,00 100,00 Stiching Custody Services YKB Amsterdam/Netherlands Custody services 100,00 100,00 Yapı Kredi Diversified Payment Rights Finance Company (1) George Town/ Cayman Islands Special Purpose Company - - (1) It is a special purpose entity established for securitization transactions and is included in the consolidation although it i s not a subsidiary of the Parent. 3.1.2. Consolidation principles of associates: The associates are entities in which the Parent Bank participates in their capital and has significant influence on them, although the Parent Bank has no capital or management control, is established in domestic and abroad. The related associates are consolidated with equity method. Significant influence refers to the participation power on the constitution of the financial and management policies of the participated associate. Equity method is an accounting method which foresees the increase or decrease of the book value of capital share in an associate from the changes in the participated associate’s shareholders’ equity during the period attributable to the portion of the inve stor and the deduction of the dividend received from the associate from the revised value of the associate amount. The associates included in consolidation, their title, their place of incorporation, their main activities and their effective shareholding rates are as follows: Title Operation Centre (City/Country) Main activities Effective rates % Direct and indirect rates % September 30, 2026 September 30, 2026 Banque de Commerce et de Placements S.A. Geneva/Switzerland Banking 30,67 30,67 Allianz Yaşam ve Emeklilik A.Ş. Istanbul/Türkiye Insurance 20,00 20,00
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 16 - 3.1.3. Transactions with minority shareholders: The Group applies a policy of treating transactions with minority interests as transactions within the Group. The difference between the acquisition cost and net asset acquired is recognised under equity. Disposals from minority interests are also considered as equity transactions and result in changes in the equity of the Group. 3.1.4. Presentation of unconsolidated subsidiaries, associates and joint ventures in consolidated financial statements: Turkish Lira denominated investments in unconsolidated associates, subsidiaries and joint ventures are accounted at cost value, less any impairment, in accordance with “TAS 27 - Separate Financial Statements” in the consolidated financial statements. Foreign currency denominated investments in unconsolidated associates, subsidiaries and joint ventures are accounted at their original foreign currency costs translated into Turkish Lira using the exchange rates prevailing at the transaction date less impairment, if any. When the cost of associates, subsidiaries and joint ventures is higher than the net realizable value, the carrying amount is reduced to the net realizable or fair value considering whether the value decrease is temporary or permanent and the ratio of the value decrease. 4. Explanations on forward and option contracts and derivative instruments: The Group’s derivati ve transactions mainly consist of money and interest rate swaps, forward foreign exchange purchase and sale transactions and options. Derivative instruments are measured at fair value on initial recognition and subsequently remeasured at their fair values. As a result, the fair value of derivatives is reflected as net liability or net asset on a contract by contract basis. The accounting method applied to the income or loss arising from derivative instruments depends on whether the derivative is being used for hedging purposes or not and depends on the type of item being hedged. At the transaction date, the Group documents the relationship between hedging instruments and hedged items, together with the risk management policies and the strategies on hedging transactions. Besides, the Group regularly documents the effectiveness of t he hedging instruments in offsetting the changes in the fair value of the hedged items. Changes in the fair value of derivative instruments subject to fair value hedges are recognized under profit or loss accounts together with the variation in the fair value of hedged items. The changes of fair value of derivative transactions for fair value hedge are classified in “Derivative Financial Transactions Gains/Losses” account. In the balance sheet, changes in the fair value of hedged assets and liabilities, during the period in which the hedge is effective, are shown with the related assets and liabilities. The ineffective portion of the mentioned hedging transactions is reflected to the income statement. If the underlying hedge does not conform to the hedge accounting requirements, according to the adjustments made to the carrying value (amortized cost) of the hedged item, for which the risk is hedged by a portfolio hedge, are amortized with the straight line method within the time to maturity and recognized in profit or loss accounts. Fair value adjustments are recognized directly in the income statement in an event of repayment and/or unwinding and/or the recognition of the hedged item. The Parent Bank hedges its cash flow risk arising from foreign currency and Turkish Lira floating interest rate liabilities by using interest rate and currency swaps. The effective portion of the fair value changes of the hed ging instruments are recorded in “Other accumulated comprehensive income that will be reclassified in profit or loss” under shareholders’ equity. These funds are transferred to profit or loss from equity when the cash flows of the hedged items (interest expense) impact the income statement. In case the cash flow hedge accounting is discontinued due to the expiry, realization for sale of the hedging instrument, or due to the results of the effectiveness test the amounts accounted under shareholders’ equity a re transferred to the profit or loss accounts as these cash flows of the hedged item are realized (considering the original maturity of the hedging instrument). Some of the trading purpose derivative transactions, even though they provide effective economic hedges under the Group’s risk management policy, do not qualify for hedge accounting under the specific rules in “TFRS 9- Financial Instruments” and are therefore treated as “Derivative financial assets measured at fair value through profit or loss”.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 17 - “Derivative financial assets measured at fair value through profit or loss” are measured at fair value. If the fair value of derivative financial instruments is positive, it is disclosed under the main account “Derivative financial assets measured at fair value through profit or loss” and if the fair value difference is negative, it is disclosed under “Derivative financial liabilities measured at fair value through profit or loss”. Fair value changes are recorded under “Derivative Financial Transactions Gains/ (Losses)” in the income statement. The fair values of the derivative financial instruments are calculated using quoted market prices or by using discounted cash flow models. Parameters used for the valuation of the option portfolio of the Parent Bank are determined by market risk management and the confirmation of the accuracy of fair value calculations are monitored periodically by market risk management. Liabilities and receivables arising from the derivative instruments are followed in the off -balance sheet accounts as their contractual values. Embedded derivatives are separated from the host contract and accounted as derivative instruments according to “TFRS 9 – Financial Instruments”; in case, (i) the related embedded derivative’s economic features and risks are not closely related to the host contract, (ii) another instrument that has the same contract conditions with the embedded derivative satisfies t he definition of a derivative instrument and (iii) the hybrid instrument is not carried at fair value through profit or loss. Credit derivatives are capital market tools designed to transfer credit risk from one party to another. As of September 30, 2026, the Parent Bank’s credit derivatives portfolio included total return swaps. Credit linked notes are bonds that have repayments depending on a credit event or the credit risk evaluation of a reference asset or asset pool. Depending on whether the reference assets are included in the balance sheet of the issuer or the owner of the a ssets, these transactions can be accounted by the party assuming the credit risk as insurance or as an embedded derivative. As per the Bank's management evaluation, the embedded derivatives included in the credit linked notes are separated from the host contracts in accordance with “TFRS 9 - Financial Instruments” and recorded and evaluated as credit default swaps. The bond itself (host contract) is valued in accordance with the valuation principles of the category it is classified. Total return swaps are contracts, in which the seller commits to pay the contract value for all cash flows of the reference assets of the seller and the changes of the market values of these reference assets to the buyer during the contract maturity and be ar all the decreases in the market value of these reference assets. The Bank uses the total return swaps to generate long term funding. Market risks of these products are monitored using the Parent Bank's internal modeling system for the value-at-risk and basis points sensitivity analysis; the liquidity risks are monitored using the short term liquidity report on daily and the long term liquidity report on monthly basis. According to the regulations of BRSA, currency exchange transactions which are realized at value date in the initial phase of currency swaps are recorded and followed as irrevocable commitments in off -balance sheet accounts until the value date. A credit valuation adjustment (CVA) is applied to the Bank’s over -the-counter derivative exposures to take into account the counterparty’s risk of default when measuring the fair value of the derivative. CVA is the mark- to- market cost of protection required to hedge credit risk from counterparties in the Bank’s over-the-counter derivatives portfolio. The Bank calculates CVA based on collective provisioning methodology calculated in accordance with Turkish Financial Reporting Standards, “ TFRS 9 – Financial Instruments”, comprising the product of exposure, probability of default (PD) and loss given default (LGD). CVA is calculated based on the exposure of each counterparty. Within the scope of TFRS 13 – Fair Value Measurement standard; (i) if there is a significant decrease in the volume or level of activity for that asset or liability in relation to normal market activity for the asset or liability (or similar assets or liabilities); (ii) when the transaction or quoted price does not represent fair value; and / or (iii) when a price for a similar asset requires significant adjustment to make it comparable to the asset being measured, or (iv) when the price is stale, the Bank makes an adjustment to the transactions or quoted prices and reflects this adjustment to the fair value measurement. In this context, the Bank determines the point within the range that is most representative of fair value under current market conditions.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 18 - 5. Explanations on interest income and expense: Interest income and expenses are recognized in the income statement on an accrual basis by using the effective interest method periodically. Retrospective rediscount calculation and foreign exchange evaluation is performed for non-performing (“NPL”) loans, and accrued interest and rediscounts as of transfer to non-performing loan accounts are accounted under loan accrual/rediscount accounts as per Uniform Chart of Accounts (“UCA” ). The Bank ceases accruing interest after non-performing loan classification. In place of that, interest amount representing the time value of future collections is recognized under interest income instead of provision expense. 6. Explanations on fee and commission income and expenses: Fees and commissions received as a result of the service agreements or arising from negotiating or participating in the negotiation of a transaction on behalf of a third party are recognized either in the period when the transaction is realized or deferred based on the type of the underlying transaction. Other commission income and fees from various banking services are recorded as income at the time of realization. Except for fees and commissions that are integral part of the effective interest rates of financial instruments measured at amortized costs, the fees and commissions are accounted for in accordance with TFRS 15 - “Revenue from Contract with Customers”. 7. Explanations on financial assets: As of January 1, 2018, the Group has applied TFRS 9 and classifies its financial assets in the following measurement categories: Fair value through profit or loss (FVPL) Fair value through other comprehensive income (FVOCI) Financial assets measured at amortised cost According to TFRS 9 classification of financial assets is based on two criterias; business model under which the financial asset is being managed and contractual cash flows representing solely payments of principal and interest of the financial asset. This evaluation incorporates whether there is any clause that may change timing or amount of contractual cash flows of the financial asset. Classification of financial assets reflects the business model of how the Group manages the assets in order to generate cash flows. Bank’s business model may be to collect solely the contractual cash flows from the assets or to collect both the contractual cash flows and cash flows arising from the sale of assets. If neither of these is applicable, then the financial assets are classified as part of ‘other’ business model and measured at FVPL. Factors considered by the Group in determining the business model for a group of assets include past experience on how the cash flows for these assets were collected, how the asset’s performance is evaluated and reported to key management personnel, how risks are assessed and managed and how managers are compensated. Securities held for trading are held principally for the purpose of selling in the near term or are part of a portfolio of financial instruments that are managed together and for which there is evidence of a recent actual pattern of short - term profit-taking. These securities are classified in the ‘other’ business model and measured at FVPL. The Parent Bank owns consumer price indexed (CPI) government bonds which are classified under “Fair value through other comprehensive income” and “measured at amortised cost” securities portfolio. Related securities are valued using the effective interest rate method based on the real coupon rates and the reference inflation index at the issue date and the estimated inflation rate. The reference indices used in calculating the actual coupon payment amounts of these assets are based on the CPI of prior two months.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 19 - Assessment of the business model The Group determines the business model at a level that reflects how groups of financial assets are managed together to achieve a particular business objective. The business model does not depend on management’s intentions for an individual instrument. Accordingly, this condition is not a single instrument basis approach for classification and should be determined on a higher level of aggregation. During the assessment of the business model for management of financial assets, all relevant evidences at the assessment date have been taken into consideration. Such relevant evidence includes below: How the performance of the portfolio is evaluated and reported to the Group’s management; The stated policies and objectives for the portfolio and the operation of those policies in practice. In particular, whether management’s strategy focuses on earning contractual interest revenue, maintaining a particular interest rate profile, matching the duration of the financial assets with duration of the liabilities that are funding those assets or realising cash flows through the sale of the assets; How managers of the business are compensated (e.g. whether compensation is based on the fair value of the assets managed or the contractual cash flows collected); and The risks that affect the performance of the business model (and the financial assets held within that business model) and its strategy for how those risks are managed; The frequency, volume and timing of sales in prior periods, the reasons for such sales and its expectations about future sales activity. However, information about sales activity is not considered in isolation, but as part of an overall assessment of how the Group’s stated objective for managing the financial assets is achieved and how cash flows are realised. If cash flows are realised in a way that is different from the expectations on the date of the assessment of the business model, that does not give rise to a prior period error in the financial statements nor does it change the classification of the remaining financial assets held in that business model as long as all relevant information that was available at the time of business model assessment were. However, when the business model is assessed for newly originated or newly purchased financial assets, it must be considered information about how cash flows were realised in the past, along with all other relevant information. The business models are divided into three categories. These categories are defined below: Business model whose objective is to hold assets in order to collect contractual cash flows Financial assets that are held within a business model whose objective is to hold assets in order to collect contractual cash flows are managed to realise cash flows by collecting contractual payments over the life of the instrument. That is, the Group manages the assets held within the portfolio to collect those particular contractual cash flows. Although the objective of Group’s business model may be to hold financial assets in order to collect contractual cash flows, the Group does not need to hold all of those instruments until the maturity. Thus Group’s business model can be to hold financial assets to collect contractual cash flows even when sales of financial assets occur or are expected to occur in the future. The business model may be to hold assets to collect contractual cash flows even if the Group sells financial assets when there is an increase in the assets’ credit risk. The Group considers reasonable and supportable information, including forward looking information in order to determine whether there has been an increase in the assets’ credit risk. Regardless of their frequency and value, sales due to an increase in the assets’ credit risk are not inconsistent with a business model whose objective is to hold financial assets to collect contractual cash flows because the credit quality of financial assets is relevant to the Group’s ability to collect contractual cash flows. A business model whose objective is achieved by both collecting contractual cash flows and selling financial assets The Group may hold financial assets in a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets. In this type of business model, the Group’s management has made a decision on both collecting contractual cash flows and selling financial assets are necessary for achieving the objective of the business model. There are various objectives that may be consistent with this type of business model. For example, the objective of the business model may be to manage liquidity needs on daily basis, to maintain a particular interest yield profile or to match the duration of the financial assets to the duration of the liabilities funding those assets. To achieve such an objective, the Group will both collect contractual cash flows and sell financial assets.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 20 - Compared to a business model whose objective is to hold financial assets to collect contractual cash flows, this business model will typically involve greater frequency and value of sales. This is because selling financial assets is integral to achieving the business model’s objective instead of being only incidental to it. Other business models Financial assets are measured at fair value through profit or loss if they are not held within a business model whose objective is to hold assets to collect contractual cash flows or within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets. A portfolio of financial assets that is managed and whose performance is evaluated on a fair value basis is neither held to collect contractual cash flows nor held both to collect contractual cash flows and to sell financial assets. The Group is primarily focused on fair value information and uses that information to assess the assets’ performance and to make decisions. Assessment of whether contractual cash flows are solely payments of principal and interest (SPPI) For the purposes of this assessment, ‘principal’ is defined as the fair value of the financial asset on initial recognition. ‘Interest’ is defined as consideration for the time value of money and for the credit risk associated with the principal amount outstanding during a particular period of time and for other basic lending risks and costs. In assessing whether the contractual cash flows are SPPI, the Group considers the contractual terms of the instrument. This includes assessing whether the financial asset contains a contractual term that could change the timing or amount of contractual cash flows such that it would not meet this condition. In making the assessment, the Group considers: Contingent events that would change the amount and timing of cash flows; Leverage features; Prepayment and extension terms; Terms that limit the Group’s claim to cash flows from specified assets (e.g. non -recourse loans); and Features that modify consideration of the time value of money (e.g. periodical reset of interest rates). When the contractual conditions are exposed to the risks which are not consistent with the basic lending arrangement or variability of cash flows, the relevant financial asset is measured at fair value through profit or loss.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 21 - 7.1. Financial assets measured at fair value through profit or loss: Financial assets, which are classified as “Financial assets measured at fair value through profit or loss”, are trading financial assets and are either acquired for generating profit from short -term fluctuations in the price or dealer’s margin, or are the financial assets included in a portfolio in which a pattern of short -term profit making exists independent from the acquisition purpose. Trading financial assets are initially recognized at fair value and are subsequently re- measured at their fair value. However, if fair values cannot be obtained from active market transactions, it is assumed that the fair value cannot be measured reliably and fair values are calculated by alternative models. All gains and losses arising from these valuations are recognized in the income statement. Interest earned while holding financial assets is reported as interest income and dividends received are included separately in dividend income. The principles regarding the accounting of derivative financial instruments are explained in detail in note 4 of this section. 7.2. Financial assets measured at amortised cost: Assets that are held for collection of contractual cash flows where those cash flows represent solely payments of principal and interest, are measured at amortised cost. These financial assets are initially recognized at total of acquisition and transaction cost. After their initial recognition they are carried at “Amortized cost” using the “Effective interest method”. 7.3. Loans: Loans are financial assets raised through lending without having the intention to trade in the short term. Loans are non derivative financial assets with fixed or determinable payments and fixed maturities that are not quoted on active market. Loans are recognized initially at cost including transaction costs (which reflect fair values) and subsequently carried at the amortized cost using the “effective interest method”. The expenses incurred for the assets received as collateral are not considered as transaction costs and are recognized in the expense accounts. Retail, commercial and corporate loans included in cash loans are accounted for with their original maturities in accounts which are mentioned in the UCA. Foreign currency indexed loans are initially measured at local currency accounts with the foreign exchange rate prevailing at date of the initial recognition and re -valued with the relevant foreign currency rates prevailing at the date of the financia l statements. Increase or decrease in the value of the principal amount of the loan due to changes in foreign exchange rates is accounted in the related income and expense accounts. Repayment amounts are translated with the foreign exchange rates prevailing at the repayment dates and the valuation differences are accounted for in foreign exchange gain/loss acc ounts. The Parent Bank provides provision for expected credit losses based on the assessments and estimates of the management, by considering the “Communiqué Related to Principles and Procedures on Determining the Qualifications of Banks’ Loans and Other Receivab les and the Provision for These Loans and Other Receivables” (“Provisioning Regulation”) published in the Official Gazette No. 29750 dated June 22, 2016 and in line with “TFRS 9 - Financial Instruments”. In this context, the management estimates are determ ined, on the basis of the prudence principle and Bank credit risk policies, considering the general structure of the loan portfolio, the financial conditions of the customers, non-financial information and the economic conjuncture. The Bank has made its classifications in accordance with the TFRS 9 standard and reflected them in its financial statements. In this context; the Group has evaluated many reasonable and supportable qu alitative and quantitative data in assessing whether there is a significant increase in credit risk in the classification of loans according to stages and determining the moment when the default situation occurs. It has classified the loans according to their stages according to its best judgment under the current conditions. Expected Credit Losses are accounted for as an expense in the accounting period they are incurred. If there is a subsequent collection from a receivable that was already provisioned in previous years, the recovery amount is classified under “Other operating income”. The write off policy is described in the explanations and notes related to assets, fifth section.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 22 - 7.4. Financial assets measured at fair value through other comprehensive income: Financial assets that are held for collection of contractual cash flows and for selling the assets, where the assets’ cash flows represent solely payments of principal and interest, and that are not designated at FVPL, are measured at fair value through other comprehensive income (FVOCI). Financial assets measured at fair value through other comprehensive income are subsequently re -measured at fair value. When fair values based on market prices cannot be observed reliably, the financial assets at fair value through other comprehensive income are carried at fair valu es determined by using alternative models. “Unrealized gains and losses” arising from changes in the fair value of financial assets classified as financial assets at fair value through other comprehensive income are recognized in the shareholders’ equity as “Other accumulated comprehensive income that will be reclassified in profit or loss ”, until the related assets are impaired or disposed. When these financial assets are disposed or impaired, the related fair value differences accumulated in the shareholders’ equity are transferred to the income statement. Interest and dividends received from financial assets at fair value through other comprehensive income are recorded in interest income and dividend income as appropriate. Interest income on financial assets at fair value through other comprehensive income are calculated by effective interest rate method and are accounted for in interest income account. At the time of sale of financial assets at fair value through other comprehensive income before the maturity, the difference between the profit, which is the difference between the cost and sales price of the financial assets, and the interest income accrual are accounted under “Profit/losses from capital market transactions”. 7.5. Equity instruments measured at fair value through other comprehensive income: At initial recognition, Group can make an irrevocable election to present in other comprehensive income subsequent changes in the fair value of an equity instrument within the scope of TFRS 9. Such election is made on an instrument basis. Fair value differences recognized in other comprehensive income are not transferred to profit or loss in the following periods and transferred to prior years' profit/loss. The equity instruments measured at fair value through other comprehensive income, are not subject to impairment calculation. 8. Explanations on impairment of financial assets: The Parent Bank assesses the expected credit losses (“ECL”) related with its debt instrument assets carried at amortised cost and at fair value through other comprehensive income, with the exposure arising from loan commitments and financial guarantee contracts on a forward -looking basis. The Parent Bank recognises a loss allowance for such losses at each reporting date. The measurement of expected credit losses reflects: An unbiased and probability-weighted amount that is determined by evaluating a range of possible outcomes; The time value of money; Reasonable and supportable information that is available without undue cost or effort at the reporting date about past events, current conditions and forecasts of future economic conditions. The measurement of the expected credit loss allowance: The measurement of the expected credit loss allowance for financial assets measured at amortised cost and at fair value through other comprehensive income is an area that requires the use of advanced models and significant assumptions about future economic conditions and credit behaviour.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 23 - These financial assets will be divided into three categories depending on the gradual increase in credit risk observed since their initial recognition. Impairment shall be recognized on outstanding amounts in each category, as follows: Stage 1: For the financial assets at initial recognition or that do not have a significant increase in credit risk since initial recognition. Impairment for credit risk will be recorded in the amount of 12- month expected credit losses. Stage 2: In the event of a significant increase in credit risk since initial recognition, the financial asset will be transferred to this stage. Impairment for credit risk will be determined on the basis of the instrument’s lifetime expected credit losses. Stage 3: Stage 3 includes financial assets that have objective evidence of impairment at the reporting date. For these assets, lifetime ECL are recognized and interest revenue is calculated on the net carrying amount. Life-time expected credit loss is calculated on an individual or collective basis for the financial assets in stage 2 and stage 3. General provisions represent ECLs for the first stage and the second stage, specific provisions represent ECLs for the third stage. The Parent Bank has developed specific models for calculating the expected loss; such models are based on the parameters of PD, LGD and EAD and on the effective interest rate. In particular: The PD (Probability of Default), represents the customer’s probability of more than 90 days delay, within 12 - months; The LGD (Loss Given Default), represents the percentage of the estimated loss, and thus the expected rate of recovery, at the date of occurrence of the default event of the credit exposure; The EAD (Exposure at Default), represents the measure of the exposure at the time of the event of default of the credit exposure; The Effective interest rate is the discount rate that expresses of the time value of money. Such parameters are calculated starting from the corresponding parameters used for IRB preparation purposes, with specific adjustments in order to ensure consistency between accounting and regulatory treatment despite different regulatory requirements. The main adjustments aimed at: Removal of prudency principal used for IRB phase; Introducing “point -in-time” adjustments to replace “through -the-cycle” adjustments required for IRB preparation phase (TFRS-9 parameters developed over these parameters.); With reference to lifetime PD, through -the-cycle PD curves obtained by adjusting observed cumulated default rates were calibrated in order to reflect point-in-time on portfolio default rates. Recovery rate incorporated into through-the-cycle LGD was adjusted in order to remove prudency principle and to reflect the most updated trend of recovery rates discounted at effective interest rate or at its best approximation. The lifetime EAD has been obtained by converting the 1 year regulatory or managerial model to life-time, removing margin of prudency and including the expected discounted cash flow. The stage allocation model is a key aspect of the accounting model required to calculate expected credit losses which is aimed at transferring credit exposures from Stage 1 to Stage 2. With reference to the quantitative component of the model for stage allocation, the Parent Bank has adopted a statistical approach based on a quantiles regression whose objective is to define a threshold in terms of maximum variation acceptable between the PD at the time of origination and the PD assessed at the reporting date.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 24 - The stage allocation model was based on a combination of relative and absolute elements. The main elements were: Comparison, for each transaction, between the PD measured at the time of recognition and PD as at the reporting date, both calculated according to internal models, through thresholds set in a way considering all key variables of each transaction that can affect the Bank's expectation of PD changes over time; Absolute elements such as the backstops required by law; Additional internal evidence. Significant increase in credit risk In the assessment of significant increase in credit risk quantitative and qualitative assessments are made; Quantitative Assessment: As a result of quantitative assessment, related financial asset is classified as stage 2 (Significant Increase in Credit Risk) when any of the following criterias are satisfied. As of reporting date: Lifetime expected credit losses shall be recognized on a transaction base, when more than 30 days past due status is passed. The Parent Bank can abandon this estimation when it has reasonable and supportable information about customers’ contractual repayments. In case a loan has been restructured, it will be followed up under Stage 2 during the follow-up period mentioned in the related regulations. The loan can be transferred back to Stage 1 at end of the follow -up period if there is no significant deterioration. Provisions on non-funded non cash loans are evaluated as significant increase in credit risk. Qualitative Assessment: The probability of significant increase in credit risk under qualitative assessment is based on the comparison of probability of default of a loan in the origination and as of reporting date. The Group uses distribution regression on segment basis in order to calculate the thresholds used in defining the significant increase in credit risk. Low credit risk Financial instruments defined as low risk for TFRS 9 are; Receivables from Central Bank of the Republic of Türkiye (“CBRT”); Loans with counterparty of Treasury of the Republic of Türkiye; The issued securities or guaranteed marketable securities from central banks of the countries where Group’s subsidiaries, associates are resident; Bank placements; Other money market transactions; Transactions of Group’s associates and subsidiaries. Forward Looking Macroeconomic Information: Forward-looking macroeconomic information is incorporated into credit risk parameters during assessment of significant increase in credit risk and expected credit loss calculation. For the calculation of expected credit loss, Bank uses macroeconomic estimation method which is developed during creation of various scenarios. Macroeconomic variables prevailing during these estimates are gross domestic product (“GDP”) and CPI. When expected credit losses are estimated in accordance with the forward looking macroeconomic information, the Bank evaluates three scenarios (base, pessimistic and optimistic) with various weights based. The Bank has reviewed the macroeconomic model used in the process and has been the subject of provision calculations using the data considered to reflect the current situation in the best way.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 25 - In the light of macroeconomic expectations, t he Parent Bank reflected the calculations made to its financial statements considering the probability of default values and the possible changes in the exposure at default. In this context, the Bank has measured the effect of the change in macroeconomic data used in the calculation of expected credit loss such as GDP and CPI, on the NPL under different scenarios and reflected the increase coefficient, which was considered to be the most accurate, to its provision calculations by projecting it on the loan parameters within the range of NPL ratio obtained throughout the calculations. 9. Explanations on offsetting financial assets: Financial assets and liabilities are offset and the net amount is reported in the balance sheet when the Group has a legally enforceable right to offset the recognised amounts and there is an intention to collect/pay related financial assets and liabilities on a net basis, or to realise the asset and settle the liability simultaneously. 10. Explanations on sales and repurchase agreements and securities lending transactions: Securities subject to repurchase agreements (“Repo”) are classified as “Financial assets at fair value through profit or loss”, “Financial assets measured at fair value through other comprehensive income” and “Financial assets measured at amortised cost” according to the investment purposes of the Group and measured according to the portfolio to which they belong. Funds obtained from repurchase agreements are accounted under “Money market funds” in liabilities and the difference between the sale and repurchase price is accrued over the life of the repurchase agreements using the “Effective interest method”. Interest expense on repo transactions are recorded under “Interest expense on money market transactions” in the income statement. Funds given against securities purchased under agreements to resell (“reverse repo”) are accounted under “ Money markets receivables ” on the balance sheet. The difference between the purchase and determined resell price is accrued over the life of repurchase agreements using the effective interest method. The Group has no securities lending transactions. 11. Information on assets held for sale and discontinued operations and explanations on liabilities related with these assets: According to the “TFRS -5 Non-current Assets Held for Sale and Discontinued Operations” a tangible asset (or a group of assets to be disposed) classified as “Assets held for sale” is measured at lower of carrying value and fair value less costs to sell. An asset (or a group of assets to be disposed) is regarded as “Assets held for sale” only when the sale is highly probable and the asset (or a group of assets to be disposed) is available for immediate sale in its present condition. For a highly probable sale, there must be a valid plan prepared by the management for the sale of asset including identification of possible buyers and completion of sale process. Furthermore, the asset should be actively in the market at a price consistent with its fair value. A discontinued operation is a part of the Group’s business classified as sold or held for sale. The operating results of the discontinued operations are disclosed separately in the income statement.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 26 - 12. Explanations on goodwill and other intangible assets: 12.1. Goodwill: The excess of the cost of an acquisition over the fair value of the Group’s share of the identifiable assets, liabilities or contingent liabilities of the acquired subsidiary at the date of acquisition of the control is recorded as goodwill and represents a payment made by the acquirer in anticipation of future economic benefits from assets that are not capable of being individually identified and separately recognised. The acquirer also recognises assets that are capable of being individually identified and separately recognised, intangible assets (e.g. credit card brand value, deposit base and customer portfolio) and contingent liabilities at fair value, irrespective of whether the asset had been recognised by the acquire before the business combination, if it can be distinguished from the goodwill and if the asset’s fair value can be measured reliably. As of September 30, 2026, there is no goodwill (December 31, 2025 - None). 12.2. Other intangible assets: Intangible assets are measured at cost on initial recognition and any directly attributable costs of setting the asset to work for its intended use are included in the initial measurement. Subsequently, intangible assets are carried at historical costs after the deduction of accumulated amortization and the provision for impairment. The Group evaluates the possibility of existence of impairment of intangible assets at the end of each reporting period. If there is evidence of impairment, the Group estimates a recoverable amount in accordance with the “TAS 36 - Impairment of Assets”. The recoverable amount is the higher of net sales price or the value in use. When the book value of another intangible asset exceeds the recoverable amount, the related asset is considered to be impaired. If there is no evidence of impairment, there is no need to estimate the recoverable amount. Intangibles are amortized over their estimated useful lives using the straight-line method. The useful life of the asset is determined by assessing the expected useful life of the asset, technical, technological and other kinds of obsolescence and all required maintenance expenses necessary to utilise the economic benefit from the asset. 13. Explanations on property and equipment: Property and equipment is measured at its cost when initially recognized and any directly attributable costs of setting the asset in working order for its intended use are included in the initial measurement in accordance with “TAS 16- Property, Plant and Equipment”. Subsequently, properties and equipments, except art objects, paintings and buildings, are carried at cost less accumulated depreciation and provision for impairment. The Group adopted fair value accounting method for its buildings since March 31, 2015 in tangible assets in accordance with “TAS 16 - Property, Plant and Equipment”. The depreciation rate for buildings is 2- 4%; for movables and movables acquired under financial leasing depreciation is calculated over estimated useful life by using the straight -line method. The depreciation charge for items remaining in property and equipment for less than a full accounting period at the balance sheet date is calculated in proportion to the period the item remained in property and equipment. In accordance with “TAS 36 - Impairment of Assets ”, where the carrying amount of an asset is greater than its estimated “recoverable amount”, it is written down to its “recoverable amount” and the provision for impairment is charged to the income statement. Gains and losses on the disposal of property and equipment are determined by deducting the net book value of the property and equipment from its sales proceeds. Expenditures for the repair and maintenance of property and equipment are recognised as expense. The capital expenditures made in order to increase the capacity of the tangible asset or to increase its future benefits are capitalised on the cost of the tan gible asset. The capital expenditures include the cost components which are used either to increase the useful life or the capacity of the asset or the quality of the product or to decrease the costs.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 27 - 14. Explanations on leasing transactions: The Group performs leasing transactions in the capacity of the lessee and lessor. 14.1. Accounting of leasing operations according to lessee: The Group accounts leasing transactions in accordance with “TFRS 16 – Leases” standard. In accordance with “TFRS 16 - Leases”, the Group calculates “right -of-use” amount using the present value of the lease payments of fixed asset at the beginning of the leasing period and recognizes under “property and equipment”. Unpaid leasing payments are calculated at their net present value and recognized under “lease payables” in liabilities. Lease payments are discounted using related borrowing rates. Fixed assets that are subject to leasing is amortised on the basis of leasing period. Interest expense related to lease payables is classified under “interest on lease payables” under “interest expense” and exchange rate changes are classified under “foreign exchange gains/losses”. Leasing payments are deducted from lease payables. 14.2. Accounting of leasing operations according to lessee: Assets that are subject to financial leasing are reflected as a receivable equal to the net leasing amount in the consolidated financial statements. Interest income is earned to form a fixed periodical interest rate on net investment amount of the re lated leased asset by the lessor and the portion relating to subsequent periods is followed in the unearned interest income account. 14.2.1. Provision for doubtful lease receivables The lease receivables provision for the impairment of investments in direct finance leases is established based on a credit review of the receivables portfolio. The Group has set this provision in accordance with the TFRS 9 rules. Finance lease receivables and accounts receivables that cannot be recovered are written off and charged against the allowance for the impairment of lease and accounts receivables. Such receivables are written off after all the necessary legal proceedings have been compl eted and the amount of loss is fi nally determined. Recoveries of amounts previously provided for are treated as a reduction from the provision for the impairment of the lease receivable and are recognized as income. 15. Explanations on provisions, contingent liabilities and contingent assets: Provisions and contingent liabilities, except for the expected credit loss recognized for financial instruments within the scope of TFRS 9 standards, are accounted in accordance with “TAS – 37 Provisions, Contingent Liabilities and Contingent Assets”. Provisions are recognised when the Group has a present legal or constructive obligation as a result of past events, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and a reliable estimate of the amount of the obligation can be made. Provisions for contingent liabilities arisen from past events are recognised in the period of occurrence in accordance with the “Matching principle”. A provision is recognised when it is probable that the contingent event will occur and a reliable estimate can be made. When a reliable estimate of the amount of obligation cannot be made, or it is not probable that an outflow of resources will be required to settle the obligation, it is considered that a “contingent” liability exists and it is disclosed in the related notes to the financial statements. Contingent assets usually arise from unplanned or other unexpected events that give rise to the possibility of an inflow of economic benefits to the entity. Contingent assets are not recognized in financial statements since this may result in the recognition of income that may never be realized. Contingent assets are disclosed where an inflow of economic benefits is probable. Contingent assets are assessed continually to ensure that de velopments are appropriately reflected in the financial statements. If it has become virtually certain that an inflow of economic benefits will arise, the asset and the related income are recognized in the financial statements of the period in which the change occurs.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 28 - 16. Explanations on obligations related to employee benefits: 16.1. Employee benefits Obligations related to employee termination and vacation rights are accounted for in accordance with “TAS 19 - Employee Benefits” and are classified under “Provisions for employee benefits” account in the balance sheet. Under the Turkish Labour Law, the Group is required to pay a specific amount to the employees who have retired or whose employment is terminated other than for the reasons specified in the Turkish Labour Law. The reserve for employee termination represents the present value of the estimated total liability for the future probable obligation of the Group determined by using certain actuarial assumptions. Actuarial gains and losses are accounted for under equity in accordance with the “TAS – 19 Employee Benefits” standard. 16.2. Pension rights The Parent Bank’s personnel are members of the Yapı ve Kredi Bankası Anonim Şirketi Mensupları Yardım ve Emekli Sandığı Vakfı (“the Fund”) which was established in accordance with the 20th temporary article of the Social Security Law No. 506. As of December 31, 2025, the defined benefit obligations of the Fund have calculated in the actuarial valuation report prepared by the registered actuary. Temporary article 23th paragraph 1 of the Banking Act published in the Official Gazette No 25983 dated November 1, 2005 stated that foundations like the Fund are to be transferred to the Social Security Institution (“SSI”) within three years beginning from the publication date of the article. The article of the Law related to the transfer was cancelled (pursuant to the application by the President on November 2, 2005) by the decision of Constitutional Court (decision no: E.2005/39, K. 2007/33 dated March 22, 2007) published in the Official Gaze tte No. 26479 dated March 31, 2007, and the effect of the law article was suspended from the date of the publication of the decision. The reasoning of the Constitutional Court regarding the abrogation of the corresponding article was published in the Official Gazette dated December 15, 2007, No 26731. With the publication of the reasoning of the decision, the Grand National Assembly of Türkiye (“GNAT”) started to work on new legal arrangements regarding the transfer of the fund members to SSI and the related articles of the “Law Regarding the Changes in Social Insurance and General Health Insurance Law and Other Related Laws and Regulatio ns” No 5754 (“the New Law”) regulating the transfer of the funds were approved by the GNAT on April 17, 2008. The New Law was published in the Official Gazette No. 26870 dated May 8, 2008. With the new law, the banks’ pension funds will be transferred to SSI within three years from the date of publication of the decree and this period can be extended for a maximum of two years with the decision of the Council of Ministers. The transfer period was extended for another two years with the decision of the Council of Ministers No. 2011/1559 published in the Official Gazette dated April 9, 2011. According to the “Amendment of Social Insurance and General Health Insurance Law No. 6283” published in the Official Gazette dated March 8, 2012, Council of Ministers was authorized to increase the two -year extension period mentioned above to four years. According to the decision of The Council of Ministers dated February 24, 2014, the transfer date is set as May 2015. The Council of Ministers was authorized to determine the transfer date of pension funds in accordance with the last amendment in the first paragraph of the 20th provisional article of Law No.5510 implemented by the Law No. 6645 on Amendment of the Occupational Health and Safety Law and Other Laws and Decree Laws published in the Official Gazette dated April 23, 2015 and numbered 29335. The president was authorized to determine the transfer date of pension funds in accordance with the last amendment by the Law No. 30473 published in the Official Gazette dated July 9, 2018. A commission (whose members are the representatives of the SSI, Ministry of Treasury and Finance of the Republic of Türkiye, State Planning Organization, BRSA, Saving Deposit Insurance Fund (“SDIF”), one member representing the Fund and one member representing the Fund members) is in charge of the calculation of the value of the payment that would need to be made to SSI to settle the obligation using a technical interest rate of 9,8% by law taking into consideration income and expenses by insurance branches of the funds and the excess of salaries and income paid by the funds over the salaries and income to be paid in accordance with the SSI arrangements which should not be less than SSI arrangements, related to the members of the Fund as of the date of the transfer including the members who have left the scheme.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 29 - In accordance with the New Law, after the transfer to SSI, any social rights and payments to Fund members and their beneficiaries which are not provided although they are included in the Fund Title Deed will continue to be provided by the Fund and the employers of the Fund members. The Parent Bank accounts for a provision for the technical deficit based on the report prepared by a registered actuary in accordance with the rates determined by the New Law and in accordance with the “TAS 19 - Employee Benefits” standard. 16.3. Short term benefits of employee: Within the scope of “TAS 19 - Employee Benefits”, the Group measures the expected costs of accumulated paid leaves as expected payments it will make due to unused leave rights as at the end of the reporting date. 17. Explanations on taxation: 17.1. Current tax: Pursuant to Law No. 7456 published in the Official Gazette dated July 15, 2023 and numbered 32249, the corporate income tax rate for banks has been determined as 30%. The corporate income tax rate is applied to the taxable base calculated by adding non- deductible expenses to the commercial profit of corporations in accordance with tax legislation and deducting the exemptions and deductions regulated under the tax laws. In addition, corporate taxpayers have been included in the scope of the Domestic Minimum Corporate Tax Practice as of January 1, 2025. Accordingly, the corporate income tax calculated within the framework of general rules is compared with 10% of the corpor ate profit before deductions and exemptions specified in the law, and the higher of the two amounts is taken into account as corporate income tax. Turkish tax legislation does not permit a parent company and its subsidiaries to file a consolidated tax return. Therefore, provisions for taxes, as reflected in these consolidated financial statements, have been calculated on a separate-entity basis. Fifty percent (50%) of the gains arising from the sale of participation shares that have been held for at least two years are exempt from corporate income tax, provided that such gains are either added to capital or retained in equity for a period of five years, as regulated under the Corporate Income Tax Law. The tax exemption for gains arising from the sale of immovable property was abolished as of July 15, 2023, and in the event of the sale of immovable assets included in the company’s assets prior to this date, the exemption rate applicable to the gains has been determined as 25%. Corporations calculate transitory tax on their quarterly financial profits and declare and pay such taxes by the 17th day of the second month following the relevant period. Transitory taxpaid during the year are offset against the corporate income tax calculated based on the annual corporate tax return to be filed in the following year. If an excess amount remains after offsetting, this amount may either be refunded in cash or offset against other public receivables. Corporate income tax returns are submitted to the relevant tax office by the end of the last day of the fourth month following the end of the accounting period, and the assessed tax is paid on the same date. In addition, authorized tax authorities may examine accounting records within a five-year period, and in case of detection of incorrect practices, the payable tax amounts may be subject to change. According to Turkish tax legislation, tax losses reported on tax returns may be carried forward and offset against corporate profits of subsequent periods for up to five years. However, such losses cannot be offset against prior years’ profits. No withholding tax is applied on dividend distributions made to non- resident corporations that generate income in Türkiye through a workplace or permanent representative, or to resident corporations in Türkiye. Dividend payments made to individuals and cor porations out of this scope are subject to withholding tax at a rate of 15%. The capitalization of profits (i.e., adding profits to capital) is not considered dividend distribution and is therefore not subject to withholding tax. Tax rates that are used in tax calculations before the exemptions by foreign subsidiaries by taking current tax regulations in their countries into consideration as of September 30, 2026 are as follows: Netherlands 25,80% Azerbaijan 20,00% Germany 15,83%
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 30 - In accordance with the Transitory Article 298/A of the Tax Procedure Law (TPL), non -monetary items included in the financial statements are required to be subject to inflation adjustment. Under Transitory Article 33 of the Tax Procedure Law, it was envisag ed that inflation adjustment would be applied to the financial statements of corporations as of December 31, 2023. However, with Law No. 7491 published on December 28, 2023, it was regulated that banks, insurance companies and other financial institutions would not take into account the profit or loss differences arising from inflation adjustment in determining their taxable income for the 2024 and 2025 fiscal periods. The financial statements dated December 31, 2023 prepared within the scope of the Tax Procedure Law were subject to inflation adjustment. The profit or loss differences arising from inflation adjustment were presented under prior years’ profit/loss accounts, however, they did not affect the corporate income tax base. In the 2024 fiscal period, including transitory tax periods, the profit or loss differences arising from inflation adjustment were not taken into account in determining taxable income. With Transitory Article 37 added to the Tax Procedure Law by Law No. 7571 published in the Official Gazette dated December 25, 2025 and numbered 33118, corporations shall not be required to apply inflation adjustment to their financial statements for the 2025, 2026 and 2027 fiscal periods, regardless of whether the conditions for inflation adjustment are met. Corporations may apply revaluation to the assets falling within the scope of paragraph (Ç) of repea ted Article 298 in the fiscal periods in which inflation adjustment is not applied. 17.2. Deferred tax: The Group calculates and accounts for deferred income taxes for temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in these financial statements in accordance with “TAS 12 - Income Taxes” and in accordance with BRSA’s explanations and circulars and the tax legislation. The Group calculates deferred tax on deductible temporary differences, to the extent that future taxable income is estimated to be available. In the deferred tax calculation, the enacted tax rate is used as of the balance sheet date by estimating when the temporary differences will be taxable / deductible in accordance with the current tax legislation . Deferred tax liabilities are recognized for all resulting temporary differences whereas deferred tax assets resulting from temporary differences are recognized to the extent that future taxable profit will be available against which the deferred tax asset can be utilised. Deferred tax assets and liabilities of subsidiaries subject to consolidation have been netted of in their standalone financial statements in accordance with “TAS 12 - Income Taxes”. The calculated deferred tax asset and deferred tax liability are presented as net in these financial statements. Tax effects of the transactions that are directly accounted under equity are also reflected to equity. 17.3. Transfer pricing: The article no.13 of the Corporate Tax Law No.5520 describes the issue of transfer pricing under the title of “Disguised profit distribution” by way of transfer pricing (previously included as “Disguised profit” in the Corporate Tax Law No.5422). “The General Communiqué on Disguised Profit Distribution by Way of Transfer Pricing” published at November 18, 2007/26704, explains the application related issues on this topic effective from January 1, 2007, also taking into account the regulations in Article 41 of the Income Tax Law. “Arm’s length principle”, which is the basis for the transfer pricing rule, is the pricing system to be followed for purchase or sale activities between related parties for any product or service transactions as if the transaction is realized with any othe r third party. According to this communiqué, if the taxpayers conduct transactions like purchase and sale of goods or services with the related parties where the prices are not determined according to the arm’s length principle, then it will be concluded that there is a disguised profit distribution by way of transfer pricing. Such disguised profit distributions will not be deducted from the corporate tax base for tax purposes. As discussed in the relevant section of this communiqué, the taxpayers are required to fill out the “Transfer Pricing, Controlled Foreign Entities and Thin Capitalization” form for the purchase and sale of goods or services conducted with their related parties in a taxation period, attach these forms to their corporate tax returns and submit to the tax offices.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 31 - 18. Explanations on borrowings: The financial liabilities classified at fair value through profit/loss, trading and derivative financial liabilities are valued with their fair values and the other financial liabilities are carried at “amortized cost” including costs of transactions using the “effective interest method”. The Group classifies some of its financial liabilities as the financial liabilities classified at fair value through profit/loss in order to eliminate the accounting mismatch at the initial recognition. For the related liabilities until the maturity, the Bank presents interest expenses paid and the difference between amortized cost and acquisition cost in the interest expense, the difference between the fair value of the financial liabilities and amortized cost presents under the trading gain/(loss) in the income statement. The Group utilises various hedging techniques to minimise the currency, interest rate and liquidity risks of its financial liabilities. No convertible bonds have been issued. Also, Group obtains funds by issuing bonds and bills. 19. Explanations on issuance of share certificates: When shares are issued above their nominal value, the excess over the nominal value is accounted under shareholders’ equity as “Share premium”. 20. Explanations on confirmed bills of exchange and letter of acceptances: Confirmed bills of exchange and acceptances are included in the “Off-balance sheet commitments”. 21. Explanations on government grants: None (December 31, 2025 - None). 22. Profit reserves and profit distribution: Retained earnings as per the statutory financial statements other than legal reserves are available for distribution, subject to the legal reserve requirement referred to below. Legal reserves consist of first and second reserves as foreseen in the TCC. Th e TCC specifies that the first legal reserve is appropriated at the rate of 5% until the total reserve is equal to 20% of paid- in capital and that the second legal reserve is appropriated at the rate of 10% of distributions in excess of 5% of paid -in capital; however , holding companies are not subject to this application. According to the Turkish Commercial Code, legal reserves can only be used to compensate for accumulated losses and cannot be used for other purposes unless they exceed 50% of paid-in capital. No dividend payments of the Parent Bank were announced after the balance sheet date. 23. Earnings per share: Earnings per share disclosed in the income statement are calculated by dividing net profit/loss for the year to the weighted average number of shares outstanding during the period concerned. Current Period Prior Period Net profit/(loss) distributable to ordinary shareholders 41.675 37.810 Weighted average number of issued ordinary shares (million) 844.705 844.705 Earnings per share (full TL) 0,0493 0,0448 In Türkiye, companies can increase their share capital by making a pro- rata distribution of shares (“bonus shares”) to existing shareholders from retained earnings. These bonus shares are treated as issued shares in earnings per share computations. For the purpose of earnings per share computations, the weighted average number of shares outstanding during the year is adjusted in respect of bonus shares issued without a corresponding change in resources by giving them a retroactive effect. In case bonus shares are distributed after the balance sheet date but before the preparation of the financial statements, earnings per share is calculated considering the new number of shares. No bonus shares were issued during 2026 (2025 - None). 24. Related parties: For the purpose of these financial statements, shareholders having control shares of the Bank, key management personnel and board members together with their families and companies controlled by/affiliated with them, associated companies and joint ventures and the Fund providing post -employment benefits are considered and referred to as related parties in accordance with “TAS 24 - Related Parties”. The transactions with related parties are disclosed in detail in note 5 of section 5.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 32 - 25. Explanations on operating segments: Information about operating segments which are determined in line with “TFRS 8 - Operating Segments” together with organizational and internal reporting structure of the Bank, are disclosed in note 10 of section 4. 26. Explanations on other matters: None.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 33 - Section Four - Information related to financial position and risk management of the Group 1. Explanations on consolidated equity: The calculation of the own funds and the capital adequacy standard ratio are performed in accordance with the communiqués such as “Regulation Regarding the Measurement and Evaluation of Banks’ Capital Adequacy Ratio”, “Regulation Credit Risk Mitigation Tec hniques”, “Regulation on calculation of Risk- Weighted Amounts of Securitization” and “Regulation Regarding Banks’ Shareholders’ Equity”. The consolidated capital adequacy ratio of the Group is 14,07% (December 31, 2025 – 16,71%) and the Parent Bank is 15,67% (December 31, 2025 – 18,09%). 1.1. Information on equity: Current Period Prior Period COMMON EQUITY TIER 1 CAPITAL Paid-in Capital 8.447 8.447 Share premiums 557 557 Retained earnings 220.912 173.818 Other comprehensive income and other disclosed reserves which defined in the Turkish Accounting Standards 73.816 64.929 Profit 43.315 48.730 Net profit of the period 41.675 47.090 Profit of the previous years 1.640 1.640 Shares acquired free of charge from subsidiaries, affiliates and jointly controlled subsidiaries and cannot be recognised within profit for the period 131 91 Minority interest 2 7 Common Equity Tier 1 capital before regulatory deductions 347.180 296.579 Common Equity Tier 1 capital: regulatory deductions Valuation adjustments - - The sum of the net loss for the current period and the previous years which could not be absorbed by the retained earnings and losses recognised in equity in accordance with TAS 50.964 30.403 Leasehold improvements for operating leasing 1.140 1.080 Goodwill (net of related tax liability) - - Other intangibles other than mortgage-servicing rights (net of related tax liability) 6.018 4.996 Deferred tax assets that rely on future profitability excluding those arising from temporary differences (net of related tax liability) - - Cash-flow hedge reserve 800 972 Total expected losses calculated according to the Internal Ratings Based Approach that exceed total provision 20.379 12.163 Securitization gain on sale - - Gains and losses due to changes in own credit risk on fair valued liabilities - - Defined-benefit pension fund net assets - - Investments in own capital - - Credits extended contrary to the fourth paragraph of Articles 56 of the Banking Law - - Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued share capital (amount above 10% threshold) - - Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank owns more than 10% of the issued share capital (amount above 10% threshold) - - Mortgage servicing rights (amount above 10% threshold) - - Deferred tax assets arising from temporary differences (amount above 10% threshold, net of related tax liability) - - Amount exceeding the 15% threshold (-) of the common equity Tier 1 in accordance with the second paragraph of the provisional article 2 in the regulation regarding the Banks’ Shareholders’ Equity - - The amount above threshold for the investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank owns more than 10% of the issued share capital - - The amount above threshold for mortgage servicing rights - - The amount above threshold for deferred tax assets arising from temporary differences - - National specific regulatory adjustments which shall be determined by the BRSA - - Regulatory adjustments applied to Common Equity Tier 1 due to insufficient Additional Tier 1 and Tier 2 to cover deductions - - Total regulatory deductions to Common equity Tier 1 79.301 49.614 Common Equity Tier 1 capital (CET1) 267.879 246.965
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 34 - ADDITIONAL TIER 1 CAPITAL Current Period Prior Period Preferred shares that are not included in Common Equity Tier 1 capital and related shares issue premiums - - Eligible debt instruments and relevant share issue premiums that are approved by the BRSA 78.288 47.130 Eligible debt instruments and relevant share issue premiums that are approved by the BRSA (For the purposes of the Provisional Article 4 of the Regulation on Banks’ Own Funds) - - Third parties’ share in the Additional Tier I capital - - Third parties’ share in the Additional Tier I capital (Temporary Article 3) - - Additional Tier 1 capital before regulatory deductions 78.288 47.130 Additional Tier 1 capital: regulatory deductions Investments in own Additional Tier 1 instruments - - Reciprocal cross-holdings in Additional Tier 1 instruments - - Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued common share capital of the entity (amount above 10% threshold) - - Significant investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation (net of eligible short positions) - - National specific regulatory adjustments which shall be determined by the BRSA - - Regulatory Adjustments which will be deducted from Tier 1 capital during the transition period Goodwill and other intangible assets and related deferred tax liabilities which will not deducted from Common Equity Tier 1 capital for the purposes of the first sub-paragraph of the Provisional Article 2 of the Regulation on Banks’ Own Funds (-) - - Net deferred tax asset/liability which is not deducted from Common Equity Tier 1 capital for the purposes of the sub- paragraph of the Provisional Article 2 of the Regulation on Banks’ Own Funds ( -) - - Regulatory adjustments applied to Additional Tier 1 due to insufficient Tier 2 to cover deductions - - Total regulatory adjustments to Additional Tier 1 capital - - Total Additional Tier 1 capital 78.288 47.130 Total Tier 1 capital (Tier 1 capital = Common Equity Tier 1 capital + Additional Tier 1 capital) 346.167 294.095 TIER 2 CAPITAL Eligible debt instruments and relevant share issue premiums that are approved by the Agency 68.822 71.176 Eligible debt instruments and relevant share issue premiums that are approved by the Agency (For the purposes of the Provisional Article 4 of the Regulation on Banks’ Own Funds) - - Shares of Third Parties in Additional Tier I Capital - - Shares of Third Parties in Additional Tier I Capital (Covered by Temporary Article 3) - - Provisions (Article 8 of the Regulation on the Equity of Banks) 1.840 1.784 Tier 2 capital before regulatory adjustments 70.662 72.960 Tier 2 capital: regulatory adjustments Direct and indirect investments of the Bank on its own Tier 2 Capital (-) - - Investments of the Bank to banks that invest on the Bank's Tier 2 and components of equity issued by financial institutions with the conditions declared in Article 8 - - Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued common share capital of the entity (amount above the 10% threshold) (-) - - Significant investments in the capital banking, financial and insurance entities that are outside the scope of regulatory consolidation (net of eligible short positions) (-) - - National specific regulatory adjustments which shall be determined by the BRSA - - Total regulatory adjustments to Tier 2 capital - - Total Tier 2 capital 70.662 72.960 Total Capital (The sum of Tier 1 capital and Tier 2 capital) 416.635 366.789 The Sum of Tier 1 Capital and Tier 2 Capital (Total Capital) Credits extended contrary to the provisions of Articles 50 and 51 of the Banking Law 61 36 Net Book Values of Movables and Immovables Exceeding the Limit Defined in the Article 57, Clause 1 of the Banking Law and the Assets Acquired against Overdue Receivables and Held for Sale but Retained more than Five Years (1) - - National specific regulatory adjustments which shall be determined by the BRSA 133 230 Regulatory Adjustments which will be deducted from Total Capital during the transition period Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued common share capital of the entity (amount above the 10% threshold) which will not deducted from Common Equity Tier 1 capital, Additional Tier 1 capital, Tier 2 capital for the purposes of the first sub -paragraph of the Provisional Article 2 of the Regulation on Banks’ Own Funds (-) - - Significant investments in the Additional Tier 1 capital and Tier 2 capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions (amount above 10% threshold) which will not deducted from Common Equity Tier 1 capital, Additional Tier 1 capital, Tier 2 capital for the purposes of the first sub-paragraph of the Provisional Article 2 of the Regulation on Banks’ Own Funds ( -) - - Significant investments in the common stock of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions(amount above 10% threshold), mortgage servicing rights (amount above 10% threshold), deferred tax assets arising from temporary differences (amount above 10% threshold, net of related tax liability) which will not deducted from Common Equity Tier 1 capital for the purposes of the first sub-paragraph of the Provisional Article 2 of the Regulation on Banks’ Own Funds (-) - -
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 35 - OWN FUNDS Current Period Prior Period Total Capital (The sum of Tier 1 capital and Tier 2 capital) 416.635 366.789 Total Risk Weighted Assets 2.960.430 2.194.645 CAPITAL ADEQUACY RATIOS Common Equity Tier 1 Capital Adequacy Ratio (%) 9,05 11,25 Tier 1 Capital Adequacy Ratio (%) 11,69 13,40 Capital Adequacy Ratio (%) 14,07 16,71 BUFFERS Institution specific buffer requirement of the Bank (a+b+c) 3,580 3,550 a)Capital conservation buffer requirement (%) 2,500 2,500 b)Bank’s specific countercyclical buffer requirement (%) 0,080 0,050 c)Systemic important Bank buffer (%) 1,000 1,000 The ratio of Additional Common Equity Tier 1 capital which will be calculated by the first paragraph of the Article 4 of Regulation on Capital Conservation and Countercyclical Capital buffers to Risk Weighted Assets (%) 4,549 6,753 Amounts below the thresholds for deduction (before risk weighting) Non-significant investments in the capital of other financials 545 259 Significant investments in the common stock of financials 15.907 13.666 Mortgage servicing rights (net of related tax liability) - - Deferred tax assets arising from temporary differences (net of related tax liability) 870 554 Applicable caps on the inclusion of provisions in Tier 2 capital General provisions for standard based receivables (before ten thousand twenty five limitation) 2.629 2.550 Up to 1,25% of total risk-weighted amount of general provisions for receivables where the standard approach used 1.840 1.785 Excess amount of total provision amount to credit risk Amount of the Internal Ratings Based Approach in accordance with the Communiqué on the Calculation - - Excess amount of total provision amount to 0,6% of risk weighted receivables of credit risk Amount of the Internal Ratings Based Approach in accordance with the Communiqué on the Calculation - - (1) According to the “Regulation Regarding to changes on Regulation on Banks’ Shareholders’ Equity” published in Official Gazette No.30121 on July 11, 2017, related article has been abolished.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued in Turkish ) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 36 - 1.2. Information on debt instruments included in the calculation of equity: 1 2 3 4 5 6 7 Lender (1,2), Issuer (3,4,5) Yapı ve Kredi Bankası A.Ş. Yapı ve Kredi Bankası A.Ş. Yapı ve Kredi Bankası A.Ş. Yapı ve Kredi Bankası A.Ş. Yapı ve Kredi Bankası A.Ş. Yapı ve Kredi Bankası A.Ş. Yapı ve Kredi Bankası A.Ş. Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement) XS3307951403 / US984848AY76 XS3246209749 / US984848AW11 XS3169054049 / US984848AV38 XS2796491681 / US984848AS09 XS2741069996 / US984848AR26 TRSYKBK92911 TRSYKBK62914 Governing law(s) of the instrument English Law /Turkish Law English Law /Turkish Law English Law /Turkish Law English Law /Turkish Law English Law /Turkish Law BRSA /CMB / Turkish Law BRSA /CMB / Turkish Law Regulatory treatment Transitional Basel III rules No No No No No No No Eligible at stand-alone / consolidated Stand-alone –Consolidated Stand-alone –Consolidated Stand-alone –Consolidated Stand-alone –Consolidated Stand-alone -Consolidated Stand-alone -Consolidated Stand-alone -Consolidated Instrument type (types to be specified by each jurisdiction) Bond Bond Bond Bond Bond Bond Bond Amount recognised in regulatory capital 24.465 36.697 29.358 24.465 31.805 120 200 Par value of instrument 24.465 36.697 29.358 24.465 31.805 300 500 Accounting classification Liability – Subordinated Loans- amortised cost Liability – Subordinated Loans- amortised cost Liability – Subordinated Loans- amortised cost Liability – Subordinated Loans- amortised cost Liability – Subordinated Loans- amortised cost Liability – Subordinated Loans- amortised cost Liability – Subordinated Loans- amortised cost Original date of issuance May 26, 2026 December 11, 2025 September 4, 2025 April 4, 2024 January 17, 2024 October 3, 2019 July 3, 2019 Perpetual or dated Perpetual Dated Perpetual Perpetual Dated Dated Dated Original maturity date 10 years 6 month - - 10 years 10 years 10 years Issuer call subject to prior supervisory approval Yes Yes Yes Yes Yes Yes Yes Optional call date, contingent call dates and redemption amount In case of not calling within the period of May 26, 2031 - November 26, 2031, call option is available every six months following the coupon payment dates Call option is available between March 11, 2031 – June 11, 2031 In case of not calling within the period of September 4, 2030 - March 4, 2031, call option is available every six months following the coupon payment dates In case of not calling within the period of April 4, 2029 - July 4, 2029, call option is available every six months following the coupon payment dates 5 years After 5th year After 5th year Subsequent call dates, if applicable - - - - - After 5th year After 5th year Coupons / dividends Fixed or floating dividend/coupon Fixed Fixed Fixed Fixed Fixed Floating Floating Coupon rate and any related index First 5 years 9,375% fixed, second 5 years U.S. five year treasury bond rate +509,30 basis points First 5 years 7,55% fixed, second 5 years U.S. five year treasury bond rate +383,10 basis points First 5 years 8,25% fixed, second 5 years U.S. five year treasury bond rate +444,20 basis points First 5 years 9,743% fixed, second 5 years U.S. five year treasury bond rate +549,90 basis points First 5 years 9,25% fixed, second 5 years U.S. five year treasury bond rate +527,80 basis points TLREF index change + 1,30% TLREF index change +1,93% Existence of a dividend stopper No interest accrue after the date of value decrease for the decreased amount No interest accrue after the date of value decrease for the decreased amount No interest accrue after the date of value decrease for the decreased amount No interest accrue after the date of value decrease for the decreased amount No interest accrue after the date of value decrease for the decreased amount No interest accrue after the date of value decrease for the decreased amount No interest accrue after the date of value decrease for the decreased amount Fully discretionary, partially discretionary or mandatory Discretionary Mandatory Discretionary Discretionary Mandatory Mandatory Mandatory Existence of step up or other incentive to redeem - - - - - - - Noncumulative or cumulative Noncumulative Noncumulative Noncumulative Noncumulative Noncumulative Noncumulative Noncumulative Convertible or non-convertible If convertible, conversion trigger (s) - - - - - - - If convertible, fully or partially - - - - - - - If convertible, conversion rate - - - - - - - If convertible, mandatory or optional conversion - - - - - - - If convertible, specify instrument type convertible into - - - - - - - If convertible, specify issuer of instrument it converts into - - - - - - - Write-down feature If write-down, write-down trigger(s) In case of default/ Common Equity Tier 1 capital adequacy ratio of the bank falls below 5,125% In case of default In case of default/ Common Equity Tier 1 capital adequacy ratio of the bank falls below 5,125% In case of default/ Common Equity Tier 1 capital adequacy ratio of the bank falls below 5,125% In case of default In case there is a possibility that the official authorization of the Bank is cancelled or the Bank shares are transferred to SDIF In case there is a possibility that the official authorization of the Bank is cancelled or the Bank shares are transferred to SDIF If write-down, full or partial Partial and complete Partial and complete Partial and complete Partial and complete Partial and complete Partial and complete Partial and complete If write-down, permanent or temporary Temporary Permanent Temporary Temporary Permanent Permanent Permanent If temporary write-down, description of write-up mechanism In case of cancellation of default/ Common Equity Tier 1 capital adequacy ratio of the bank is higher than 5,125% - In case of cancellation of default/ Common Equity Tier 1 capital adequacy ratio of the bank is higher than 5,125% In case of cancellation of default/ Common Equity Tier 1 capital adequacy ratio of the bank is higher than 5,125% - - - Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) After the senior creditors, and the TIER 2 After the senior creditors, before the TIER 1 subdebt, same with TIER 2 After the senior creditors, and the TIER 2 After the senior creditors, and the TIER 2 After the senior creditors, before the TIER 1 subdebt, same with TIER 2 After the senior creditors, before the TIER 1 subdebt, same with TIER 2 After the senior creditors, before the TIER 1 subdebt, same with TIER 2 In compliance with article number 7 and 8 of “Own fund regulation” No No No No No No No Details of incompliances with article number 7 and 8 of “Own fund regulation” - - - - - - -
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 37 - 1.3. There are differences between the figures in the own funds and their corresponding amounts in the balance sheet. Within this context; gains that are related to cash flow hedge transactions are not considered in the own funds. The subordinated liabilities are considered after the adjustments made in accordance with the ninth paragraph of the eight article of the “Regulation Regarding Banks’ Shareholders’ Equity”. 2. Explanations on Consolidated Risk Management: Notes and explanations in this section have been prepared in accordance with the Communiqué on Disclosures about Risk Management to be announced to Public by Banks that have been published in Official Gazette no. 29511 on October 23, 2015 and became effective as of March 31, 2016. 2.1. General Information on Risk Management and Risk Weighted Amount The Parent Bank calculates its credit risk, which is subject to the regulatory capital adequacy ratio reporting, with the Internal Rating-Based (IRB) approach. Foundation IRB approach is used for the corporate exposure class and advanced IRB approach is us ed for the retail exposure class as determined by "Regulation on Measurement and Assessment of Capital Adequacy Ratios of Banks". 2.1.1. Overview of Risk Weighted Assets Risk Weighted Assets Minimum Capital Requirements Current Period Prior Period Current Period 1 Credit risk (excluding counterparty credit risk) (CCR) 2.575.025 1.892.178 206.002 2 Of which standardised approach (SA) 486.811 285.689 38.945 3 Of which internal rating-based (IRB) approach 2.088.214 1.606.489 167.057 4 Counterparty credit risk 12.998 11.632 1.040 5 Of which standardised approach for counterparty credit risk (SA -CCR) 12.998 11.632 1.040 6 Of which internal model method (IMM) - - - 7 Equity positions in banking book under market -based approach - - - 8 Equity investments in funds - look-through approach 392 865 31 9 Equity investments in funds - mandate-based approach - - - 10 Equity investments in funds – 1250% risk weighted approach - - - 11 Settlement risk - - - 12 Securitisation exposures in banking book - - - 13 Of which IRB ratings-based approach (RBA) - - - 14 Of which IRB Supervisory Formula Approach (SFA) - - - 15 Of which SA/simplified supervisory formula approach (SSFA) - - - 16 Market risk 37.437 40.495 2.995 17 Of which standardised approach (SA) 37.437 40.495 2.995 18 Of which internal model approaches (IMM) - - - 19 Operational risk 294.810 224.498 23.585 20 Of which Basic Indicator Approach 294.810 224.498 23.585 21 Of which Standardised Approach - - - 22 Of which Advanced Measurement Approach - - - 23 Amounts below the thresholds for deduction (subject to 250% risk weight) 39.768 24.977 3.181 24 Floor adjustment - - - 25 TOTAL (1+4+7+8+9+10+11+12+16+19+23+24) 2.960.430 2.194.645 236.834 2.1.2 RWA Movement Table Under IRB Approach(1) Current Period Prior Period 1 Prior Period Closing Amount 1.606.489 1.045.289 2 Changes in Volume 124.758 416.289 3 Changes in Asset Quality 89.033 93.522 4 Model Updates 80.250 - 5 Policy and Regulatory Changes 122.693 51.389 6 Acquisitions and Transfers - - 7 FX Difference 64.991 - 8 Other - - 9 Current Period Closing Amount 2.088.214 1.606.489 (1) Counterparty credit risk is not included.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 38 - 3. Explanations on consolidated currency risk: The difference between the Group’s foreign currency denominated and foreign currency indexed on and off- balance sheet assets and liabilities is defined as the “Net Foreign Currency Position” and it is the basis of currency risk. Cross currency risk is also taken into consideration for the currency risk calculations and measurements. The Group keeps the amount of currency risk exposure within the related legal limits and follows the exchange position on a daily/regular basis. In addition, although the internal exchange position limit is lower when compared to the related legal limit, there has not bee n any limit exceeding during the period. As an instrument of currency risk management, derivatives such as swap and forwards are used to reduce risk whenever needed. In order to guard against extreme volatility during the year stress tests are applied. Val ue at risk method is used for the measurement of foreign exchange risk. The details of hedging of the foreign currency debt instruments and net foreign currency investment risk with derivative instruments are disclosed in section 4 note 8. The Parent Bank’s publicly announced foreign exchange bid rates as of the date of the financial statements and for the last five working days prior to that date are as follows: (Exchange rates presented as full TL) USD EUR Balance sheet evaluation rate: 48,9303 55,5567 First day current bid rate 48,9131 55,5103 Second day current bid rate 48,9008 55,6307 Third day current bid rate 48,7901 55,5878 Fourth day current bid rate 48,7671 55,4945 Fifth day current bid rate 48,7499 55,6521 Arithmetic average of the last 30 days: 48,5432 55,8989 Evaluation rate as of prior period: 42,8457 50,2859
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 39 - Information on currency risk of the Group: Current Period EUR USD Other FC(4) Total Assets Cash (Cash in hand, effectives, cash in transit, cheques purchased) and balances with the CBRT 123.618 116.640 113.512 353.770 Banks 43.012 38.178 8.914 90.104 Financial assets measured at fair value through profit or loss 1.253 550 - 1.803 Money markets receivables - - - - Financial assets measured at fair value through other comprehensive income 114 35.662 3.179 38.955 Loans (1) 467.354 338.025 39.980 845.359 Investments in associates, subsidiaries and joint ventures - - 13.049 13.049 Financial assets measured at amortised cost 46.561 126.032 - 172.593 Hedging derivative financial assets 653 665 - 1.318 Tangible assets 121 - 565 686 Other assets (2) 23.953 36.072 10.205 70.230 Total assets 706.639 691.824 189.404 1.587.867 Liabilities Bank deposits 3.717 5.663 237 9.617 Foreign currency deposits 337.009 304.867 368.774 1.010.650 Money markets payables - - - - Funds borrowed from other financial institutions 151.805 238.988 2.256 393.049 Marketable securities issued 58.122 286.399 14.658 359.179 Miscellaneous payables 5.250 5.015 904 11.169 Hedging derivative financial liabilities - - - - Other liabilities(3) 14.385 242.697 981 258.063 Total liabilities 570.288 1.083.629 387.810 2.041.727 Net on balance sheet position 136.351 (391.805) (198.406) (453.860) Net off balance sheet position(5) (133.661) 375.719 214.444 456.502 Derivative financial assets 181.165 548.825 221.982 951.972 Derivative financial liabilities 314.826 173.106 7.538 495.470 Net position 2.690 (16.086) 16.038 2.642 Non-cash loans 168.332 258.012 37.030 463.374 Prior Period Total assets 574.737 591.018 154.989 1.320.744 Total liabilities 493.289 889.229 309.449 1.691.967 Net on balance sheet position 81.448 (298.211) (154.460) (371.223) Net off balance sheet position(5) (80.547) 287.251 168.398 375.102 Derivative financial assets 225.340 532.814 172.788 930.942 Derivative financial liabilities 305.887 245.563 4.390 555.840 Net position 901 (10.960) 13.938 3.879 Non-cash loans 153.820 197.330 32.088 383.238 (1) Includes FX indexed loans amounting to TL 35 (December 31, 2025 - TL 55) which have been disclosed as TL in the financial statements. (2) Does not include foreign currency prepaid expenses amounting to TL 5.457 (December 31, 2025 - TL 3.662) and intangible assets amounting to TL 660 (December 31, 2025 - TL 619). (3) Does not include provisions for employee benefits and foreign currency other comprehensive income / expense under equity. (4) Other FC column also includes precious metals balance. (5) Forward transactions classified as commitments are also included.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 40 - 4. Explanations on consolidated interest rate risk: The monitoring of the Parent Bank’s interest rate sensitive assets and liabilities and the sensitivity analyses regarding the impact of fluctuations in interest rates on the financial statements are performed by the Risk Management Department based on the carrying values of all interest rate sensitive products. The results are presented on a monthly basis to the Executive Committee within the scope of the Asset and Liability Management function. Through sensitivity and scenario analyses, the manner in which the Bank may be affected by interest rate fluctuations (volatility) in future periods is analysed. In these analyses, interest rate shocks are applied and potential losses arising from changes in the fair values of interest rate sensitive products are cal culated. Sensitivity analyses are also calculated on a daily basis within the scope of market risk reporting, on a currency and maturity basis, and are monitored against defined limits and reported to senior management. In order to limit interest rate and foreign exchange risks arising from short-term deposits and long-term consumer loans on the balance sheet, the Group enters into TL/FC and TL/TL interest rate and currency swap transactions. Hedge accounting is applied to the transactions in accordance with the interest rate risk appetite of the entity. 4.1. Interest rate sensitivity of assets, liabilities and off-balance sheet items based on repricing dates: Current Period Up to 1 Month 1-3 Months 3-12 Months 1-5 Years 5 Years and Over Non-interest bearing Total Assets(1) Cash (cash in hand, effectives, cash in transit, cheques purchased) and balances with the CBRT 388.145 - - - - 441.783 829.928 Banks 26.154 33.001 21.188 8.227 - 40.101 128.671 Financial assets measured at fair value through profit or loss 947 - 8 79 1.457 794 3.285 Money markets receivables - - - - - - - Financial assets measured at fair value through other comprehensive income 3.023 5.134 73.132 69.066 54.796 403 205.554 Loans (2) 771.104 305.810 676.217 531.189 92.035 10.750 2.387.105 Financial assets measured at amortised cost 11.040 46.302 211.796 114.378 80.540 (124) 463.932 Other assets 1.780 4.995 15.799 6.405 5.718 351.115 385.812 Total assets 1.202.193 395.242 998.140 729.344 234.546 844.822 4.404.287 Liabilities Bank deposits 6.259 5.582 23.676 987 - 7.950 44.454 Other deposits 992.479 268.099 78.753 15.565 4.157 1.036.327 2.395.380 Money markets payables 159.185 1.995 1.215 1.059 - - 163.454 Miscellaneous payables - - - - - 195.580 195.580 Marketable securities issued 24.501 151.362 142.089 135.624 - - 453.576 Funds borrowed from other financial institutions 109.817 224.527 102.609 33.729 1.968 - 472.650 Other liabilities(3) 14.478 82.989 8.090 157.037 4.427 412.172 679.193 Total liabilities 1.306.719 734.554 356.432 344.001 10.552 1.652.029 4.404.287 Balance sheet long position - - 641.708 385.343 223.994 - 1.251.045 Balance sheet short position (104.526) (339.312) - - - (807.207) (1.251.045) Off-balance sheet long position - - 45.366 8.120 - - 53.486 Off-balance sheet short position (31.803) (46.677) - - (11.518) - (89.998) Total position (136.329) (385.989) 687.074 393.463 212.476 (807.207) (36.512) Prior Period Up to 1 Month 1-3 Months 3-12 Months 1-5 Years 5 Years and Over Non-interest bearing Total Assets(1) Cash (cash in hand, effectives, cash in transit, cheques purchased) and balances with the CBRT 212.494 - - - - 328.835 541.329 Banks 13.143 20.509 40.831 4.806 - 27.079 106.368 Financial assets measured at fair value through profit or loss 2.241 4 6 50 231 1.454 3.986 Money markets receivables - - - - - - - Financial assets measured at fair value through other comprehensive income 22.376 30.688 7.245 80.476 52.859 315 193.959 Loans (2) 621.608 230.122 587.621 423.657 59.358 166 1.922.532 Financial assets measured at amortised cost 141.858 16.931 47.224 130.173 85.056 (109) 421.133 Other assets 4.336 6.054 10.086 5.647 2.558 304.944 333.625 Total assets 1.018.056 304.308 693.013 644.809 200.062 662.684 3.522.932 Liabilities Bank deposits 3.590 3.051 11.163 1.161 - 1.407 20.372 Other deposits 834.751 167.865 40.872 10.932 1.298 883.053 1.938.771 Money markets payables 97.603 3.124 530 951 - - 102.208 Miscellaneous payables - - - - - 166.280 166.280 Marketable securities issued 9.819 81.971 102.228 105.010 - - 299.028 Funds borrowed from other financial institutions 124.047 177.353 86.662 22.169 1.878 - 412.109 Other liabilities(3) 31.528 70.412 6.689 27.622 80.500 367.413 584.164 Total liabilities 1.101.338 503.776 248.144 167.845 83.676 1.418.153 3.522.932 Balance sheet long position - - 444.869 476.964 116.386 - 1.038.219 Balance sheet short position (83.282) (199.468) - - - (755.469) (1.038.219) Off-balance sheet long position - - 47.226 - - - 47.226 Off-balance sheet short position (5.929) (51.829) - (15.160) (3.262) - (76.180) Total position (89.211) (251.297) 492.095 461.804 113.124 (755.469) (28.954) (1) Expected credit losses are presented in the “Non-interest bearing” column of the relevant financial item. (2) Non-performing loans are presented in the “Non-interest bearing” column after being offset by expected credit losses. (3) Shareholders’ equity is presented under the “Non-interest bearing”.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 41 - 4.2. Average interest rates for monetary financial instruments: The following average interest rates of the Group are calculated by weighting the rates with their principal amounts outstanding as of the balance sheet date. Current Period EUR USD Yen TL % % % % Assets Cash (cash in hand, effectives, cash in transit, cheques purchased) and balances with the CBRT (1) - - - 34,46 Banks 3,49 2,25 - 40,84 Financial assets measured at fair value through profit or loss 8,27 4,86 - - Money markets receivables - - - - Financial assets measured at fair value through other comprehensive income 3,18 6,51 - 32,32 Loans 6,21 7,77 - 45,95 Financial assets measured at amortised cost 3,14 6,29 - 26,05 Liabilities Bank deposits (2) 0,59 1,42 - 11,17 Other deposits (2) 1,22 1,59 - 24,40 Money markets payables - - - 35,31 Miscellaneous payables - - - - Marketable securities issued 4,69 6,31 - 37,13 Funds borrowed from other financial institutions 3,39 5,09 - 36,20 Prior Period EUR USD Yen TL % % % % Assets Cash (cash in hand, effectives, cash in transit, cheques purchased) and balances with the CBRT (1) - - - 34,28 Banks 3,26 1,99 - 41,40 Financial assets measured at fair value through profit or loss 4,03 4,95 - - Money markets receivables - - - - Financial assets measured at fair value through other comprehensive income 3,71 6,31 - 33,30 Loans 6,38 7,86 - 46,93 Financial assets measured at amortised cost 3,17 6,41 - 25,38 Liabilities Bank deposits (2) 0,54 3,90 - 27,24 Other deposits (2) 0,89 1,40 - 27,87 Money markets payables - 3,25 - 34,54 Miscellaneous payables - - - - Marketable securities issued 3,66 6,73 - 38,80 Funds borrowed from other financial institutions 3,84 5,26 - 35,49 (1) In accordance with the CBRT's article dated February 5, 2024 and numbered 198, interest rates were taken into account that applied to some of the required reserves established in TL, in accordance with the conditions specified in the instruction. (2) Demand deposit balances are included in average interest rate calculation. 5. Explanations on share certificates position risk from banking book: None.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 42 - 6. Explanations on consolidat ed liquidity risk management, liquidity coverage ratio and net stable funding ratio: Liquidity risk is defined as risk of unexpected loss to be occurred or Group to have difficulties in raising funds while meeting maturing liabilities. Liquidity management is daily monitored in the Bank under Treasury Management and Risk Management. The li quidity policy of the Group is approved by the Bank’s Board of Directors. Treasury Management is responsible for carrying out transactions which are appropriate to Bank’s policy, monitoring of liquidity position and submitting necessary reports to executiv es. Treasury management contributes to determine strategies and operating actions for the management of the liquidity position in addition to prepare funding plan and conti ngency funding plan of the Bank. Liquidity risk is evaluated with liquidity gap analysis, liquidity stress tests and supplementary precautions/measurements. Liquidity Gap analysis are performed for two different periods as short-term and long-term. Going concern scenario and structural positions are reported monthly. This reporting constitutes the basis of monitoring and management of liquidity position. The Parent Bank does not function as a central funding institution in its relations with its subsidiaries. Intra-group liquidity management and funding strategies are limited with related legal boundaries and monitored regularly via various reports. Intraday liquidity is also monitored closely by the bank in its best effort. The Parent Bank issues an annual funding plan in order to sustain funding in a consistent and balanced way. Funding plan have to be updated at least annually and approved by the Executive Committee since it is complied with budgeting process and risk appet ite frameworks. The primary purpose of the funding plan is to provide a reliable balance between assets and liabilities. Both short-term liquidity and medium/long-term (structural) liquidity measurement and reporting for all types of currencies are periodically made in Bank and its subsidiaries. There are limits which are predetermined and approved by the Board of Directors on the basis of all major currencies for each period . The Parent Bank mainly uses derivative transactions as managing liquidity risk and monitors cash inflow and outflow periods in the framework of funding plan balancing the distribution among currencies . The Parent Bank aims to reduce the risks to the lowest level if required via measuring possible risks in liquidity with stress tests. Stress tests make it possible for the Bank to reinterpret analysis of its liquidity position according to scenarios depending on possible cases and tail risks except for crisis situations. Liquidity Stress Test methodology makes a similar approach with Liquidity Coverage Ratio ( “LCR”) template and hence allows the overview of the results in line with Basel approaches. The Par ent Bank applies and reports liquidity stress tests consisting of different scenarios and maturity segments both on unconsolidated and consolidated level and the results are compared with both liquidity stress tests and other liquidity limit and trigger levels set, with different frequencies (weekly, monthly etc.) according to the scenarios. “Liquidity Contingency Plan” is applied if the Parent Bank needs more liquidity than its daily liquidity need because of possible financial events in future. Duties and responsibilities are defined in detail in the aforementioned plan. Both the liquidity policy and liquidity contingency policy are in line with BRSA best practice documents on liquidity risk management. The abovementioned policies and the thresholds (limits etc.) covered within liquidity risk management framework are updated and approved at l east annually. Funding sources of the Group mainly consist of deposits which constitute 55% of total liabilities of the Bank (December 31, 2025 – 56%) and also include repo, secured loans, syndication, securitization, bond/security issuance and other instruments including subordinated loans and borrowings. The Parent Bank calculates and reports the LCR in full compliance with the regulations. LCR is a metric measuring the adequacy of unencumbered free liquid assets owned by banks (called high quality liquid assets) to meet expected net cash outflows over the next 30 days. The metric is an important Basel regulation that measures short-term liquidity and is closely monitored in the Bank. In addition to LCR, the Bank also measures the Net Stable Funding Rate (NSFR), which is considered another complementary element and provides another important medium / long-term liquidity risk measurement. In accordance with the Regulation on Calculation of Banks’ Net Stable Funding Ratio, published in the Official Gazette dated May 26, 2023 and numbered 32202, the relevant metric has started to be followed up within the framework of legal regulations. These two metrics are also included within the Risk Appetite Indicators and closely monitored at the Bank.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 43 - High quality liquid assets mentioned in LCR calculation consist of cash, effective money, CBRT accounts and reserves and government bonds issued by Ministry of Treasury and Finance of the Republic of Türkiye treated as high quality liquid assets. Cash outflows from derivative transactions in LCR calculation are based on inclusion of net cash flows with maturity of 30 days in the calculation. Additionally, transactions having a margin possibility are included in LCR calculation by taking the largest outflow amount according to the negative values of net margin flows realized in the last 24 months in respect of 30 days period or for liability into consideration as cash outflow . Secured funding consists of repo and other secured borrowings. A large part of securities which are subject to the aforementioned funding transactions consist of Sovereign Bonds issued by Ministry of Treasury and Finance of the Republic of Türkiye and transactions are carried out in both CBRT market and interbank market. The Parent Bank manages all the transactions made before its foreign branches and partnership in the framework of central bank, markets and related legislation of the country in which the institutions are located. Legal lending limits and high limit transactions are closely monitored in this framework. All cash inflow and outflow items related to liquidity profile of the Group are included in LCR tables below. Unweighted Amounts(1) Weighted Amounts(1) Current Period TL+FC FC TL+FC FC High Quality Liquid Assets High Quality Liquid Assets 903.652 379.186 Cash Outflows Retail and Small Business Customers Deposits 1.442.481 653.449 122.710 64.454 Stable deposits 430.759 17.817 21.538 891 Less stable deposits 1.011.722 635.632 101.172 63.563 Unsecured Funding other than Retail and Small Business Customers Deposits 953.601 346.996 614.053 198.622 Operational deposits - - - - Non-Operational deposits 681.175 294.935 387.823 146.573 Other Unsecured funding 272.426 52.061 226.230 52.049 Secured funding 5.312 - Other Cash Outflows 4.517 10.185 4.517 10.185 Liquidity needs related to derivatives and market valuation changes on derivatives transactions 4.517 10.185 4.517 10.185 Debts related to the structured financial products - - - - Commitment related to debts to financial markets and other off balance sheet liabilities - - - - Commitments that are unconditionally revocable at any time by the Bank and other contractual commitments 853.964 364.625 42.698 18.231 Other irrevocable or conditionally revocable commitments 2.152.010 187.710 147.692 30.165 Total Cash Outflows 936.982 321.657 Cash Inflows Secured Lending Transactions - - - - Unsecured Lending Transactions 372.862 104.164 247.609 84.692 Other contractual cash inflows 1.166 165.364 1.167 165.364 Total Cash Inflows 374.028 269.528 248.776 250.056 Capped Amounts Total High Quality Liquid Assets 903.652 379.186 Total Net Cash Outflows 688.206 80.414 Liquidity Coverage Ratio (%) 131,31 471,54 (1) Simple arithmetic averages of monthly consolidated liquidity coverage ratios for the last three months are used. Foreign currency and total liquidity coverage ratios for the last three months of current period are presented in the table below. Current Period TL+FC (%) FC (%) July 2026 119,29 338,47 August 2026 131,35 450,37 September 2026 144,06 536,34
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 44 - Unweighted Amounts(1) Weighted Amounts(1) Prior Period TL+FC FC TL+FC FC High Quality Liquid Assets High Quality Liquid Assets 771.000 351.761 Cash Outflows Retail and Small Business Customers Deposits 1.177.776 535.881 100.170 52.911 Stable deposits 352.150 13.546 17.608 677 Less stable deposits 825.626 522.335 82.562 52.234 Unsecured Funding other than Retail and Small Business Customers Deposits 849.127 344.993 525.427 189.902 Operational deposits - - - - Non-Operational deposits 611.457 293.106 321.515 138.015 Other Unsecured funding 237.670 51.887 203.912 51.887 Secured funding 4.529 - Other Cash Outflows 2.221 3.757 2.221 3.757 Liquidity needs related to derivatives and market valuation changes on derivatives transactions 2.221 3.757 2.221 3.757 Debts related to the structured financial products - - - - Commitment related to debts to financial markets and other off balance sheet liabilities - - - - Commitments that are unconditionally revocable at any time by the Bank and other contractual commitments 747.526 349.781 37.375 17.489 Other irrevocable or conditionally revocable commitments 2.310.786 142.788 153.095 32.281 Total Cash Outflows 822.817 296.340 Cash Inflows Secured Lending Transactions - - - - Unsecured Lending Transactions 297.372 89.469 198.353 72.702 Other contractual cash inflows 3.314 109.353 3.314 109.353 Total Cash Inflows 300.686 198.822 201.667 182.055 Capped Amounts Total High Quality Liquid Assets 771.000 351.761 Total Net Cash Outflows 621.150 114.285 Liquidity Coverage Ratio (%) 124,12 307,79 (1) Simple arithmetic averages of monthly consolidated liquidity coverage ratios for the last three months are used. Foreign currency and total liquidity coverage ratios for the last three months of prior period are presented in the table below. Prior Period TL+FC (%) FC (%) October 2025 124,27 361,00 November 2025 122,98 261,24 December 2025 125,62 348,56 With the framework of the regulation, NSFR is closely monitored and reported on monthly and three -month average basis. NSFR is defined as the amount of available stable funding relative to the amount of required stable funding. In addition to the Group’s capital available stable funding mainly consists of retail and corporate deposits and other borrowings which are taken into account at different rates in accordance with the regulation. Requir ed stable funding is calculated by the amount of receivables categorized by the counterparty type, residual ma turity and encumbrance status. Within this framework, the required stable fund amount refers to the portion of the Group's on-balance sheet assets and off-balance sheet liabilities that expected to be refunded. In accordance with the regulation, the three-month simple arithmetic average of the calculated NSFR for the periods of March, June, September and December cannot be less than 100%.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 45 - Three-month simple arithmetic mean as of most recent quarter is 118,10%. The ratio and main items constituting the Group’s NSFR as of most recent period shown in the table below. Compared to current and prior period NSFR, the change is primarily due to changes in the amount and maturity structure of loans and deposits. Unweighted Amount According to Residual Maturity Total Weighted Amount Current period Non Maturity Residual maturity of less than 6 months Residual maturity of six months and longer but less Residual maturity of one year or more Available stable funding 1 Capital Instruments 349.022 - - 147.591 496.612 2 Tier 1 Capital and Tier 2 Capital 349.022 - - 147.591 496.612 3 Other Capital Instruments - - - - - 4 Real-person and Retail Customer Deposits 752.075 752.160 - - 1.375.740 5 Stable Deposits 218.796 219.781 - - 416.648 6 Less Stable Deposits 533.279 532.379 - - 959.092 7 Other Obligations 123.217 1.531.720 238.395 444.392 934.022 8 Operational deposits - - - - - 9 Other obligations 123.217 1.531.720 238.395 444.392 934.022 10 Liabilities equivalent to interconnected assets 11 Other Liabilities - (34.480) - - - 12 Derivative liabilities (34.673) 13 All other liabilities not included in the above categories - 193 - - - 14 Available stable funding 2.806.374 Required stable funding 15 High Quality Liquid Assets 128.111 16 Deposits held at financial institutions for operational purposes - - - - - 17 Performing Loans - 1.570.945 348.489 660.381 1.464.795 18 Encumbered loans to financial institutions, where the loan is secured against Level 1 assets - - - - - 19 Unencumbered loans to financial institutions or encumbered loans that are not secured against Level 1 assets - 175.392 24.094 17.212 55.568 20 Loans to corporate customers, real persons and or retail customers, central banks, other than credit agencies and/or financial institutions - 1.393.142 324.205 638.516 1.399.373 21 Loans with a risk weight of less than or equal to 35% - - - 2.676 1.739 22 Residential mortgages - 281 190 64 41 23 Residential mortgages with a risk weight of less than or equal to 35% - 281 190 64 41 24 Securities that are not in default and do not qualify as HQLA and exchange-traded equities - 2.130 - 4.589 9.813 25 Assets equivalent to interconnected liabilities 26 Other Assets 545.211 37.021 580.723 27 Physical traded commodities, including gold 10.069 8.559 28 Initial margin posted or given guarantee fund to central counterparty - - 29 Derivative Assets 34.673 34.673 30 Derivative Liabilities before the deduction of the variation margin 2.348 2.348 31 Other Assets not included above 535.142 - - - 535.143 32 Off-balance sheet commitments 2.891.942 - - 144.597 33 Total Required stable funding 2.318.226 34 Net Stable Funding Ratio (%) 121,06
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 46 - Three-month simple arithmetic mean as of most recent quarter is 115,15%. The ratio and main items constituting the Group’s NSFR as of prior period shown in the table below. Unweighted Amount According to Residual Maturity Total Weighted Amount Prior period Non Maturity Residual maturity of less than 6 months Residual maturity of six months and longer but less Residual maturity of one year or more Available stable funding 1 Capital Instruments 298.361 - - 118.626 416.987 2 Tier 1 Capital and Tier 2 Capital 298.361 - - 118.626 416.987 3 Other Capital Instruments - - - - - 4 Real-person and Retail Customer Deposits 633.146 573.920 - - 1.105.308 5 Stable Deposits 188.873 190.101 - - 360.025 6 Less Stable Deposits 444.273 383.819 - - 745.283 7 Other Obligations 113.564 1.187.647 209.365 317.810 712.860 8 Operational deposits - - - - - 9 Other obligations 113.564 1.187.647 209.365 317.810 712.860 10 Liabilities equivalent to interconnected assets 11 Other Liabilities - (31.073) - - - 12 Derivative liabilities (31.243) 13 All other liabilities not included in the above categories - 170 - - - 14 Available stable funding 2.235.155 Required stable funding 15 High Quality Liquid Assets 115.132 16 Deposits held at financial institutions for operational purposes - - - - - 17 Performing Loans - 1.268.040 302.354 523.369 1.179.099 18 Encumbered loans to financial institutions, where the loan is secured against Level 1 assets - - - - - 19 Unencumbered loans to financial institutions or encumbered loans that are not secured against Level 1 assets - 136.864 29.888 15.285 50.759 20 Loans to corporate customers, real persons and or retail customers, central banks, other than credit agencies and/or financial institutions - 1.129.120 270.496 491.766 1.116.622 21 Loans with a risk weight of less than or equal to 35% - - - 2.732 1.775 22 Residential mortgages - 1.168 1.102 10.760 6.994 23 Residential mortgages with a risk weight of less than or equal to 35% - 1.168 1.102 10.760 6.994 24 Securities that are not in default and do not qualify as HQLA and exchange-traded equities - 888 868 5.558 4.724 25 Assets equivalent to interconnected liabilities 26 Other Assets 485.660 32.902 516.101 27 Physical traded commodities, including gold 16.407 13.946 28 Initial margin posted or given guarantee fund to central counterparty - - 29 Derivative Assets 31.243 31.243 30 Derivative Liabilities before the deduction of the variation margin 1.659 1.659 31 Other Assets not included above 469.254 - - - 469.254 32 Off-balance sheet commitments 3.188.778 - - 159.439 33 Total Required stable funding 1.969.771 34 Net Stable Funding Ratio (%) 113,47
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 47 - Breakdown of assets and liabilities according to their remaining maturities: Current Period Demand Up to 1 Month 1-3 Months 3-12 Months 1-5 Years 5 Years and Over Unclassified Total Assets(1) Cash (cash in hand, effectives, cash in transit, cheques purchased) and Balances with the CBRT 342.587 487.527 - - - - (186) 829.928 Banks 43.705 22.768 33.001 21.188 8.227 - (218) 128.671 Financial assets measured at fair value through profit or loss 1.364 5 - 8 79 1.457 372 3.285 Money markets receivables - - - - - - - - Financial assets measured at fair value through other comprehensive income - 1.118 182 18.654 113.179 72.018 403 205.554 Loans(2) - 738.496 275.309 695.180 553.371 113.999 10.750 2.387.105 Financial assets measured at amortised cost - 2.100 773 90.736 280.488 89.959 (124) 463.932 Other assets 214.721 1.229 13.296 7.252 6.856 5.718 136.740 385.812 Total assets 602.377 1.253.243 322.561 833.018 962.200 283.151 147.737 4.404.287 Liabilities Bank deposits 7.950 6.259 5.582 23.676 987 - - 44.454 Other deposits 1.036.327 992.468 268.110 78.753 15.565 4.157 - 2.395.380 Funds borrowed from other financial institutions - 51.100 91.444 228.920 97.497 3.689 - 472.650 Money markets payables - 159.185 1.995 1.215 1.059 - - 163.454 Marketable securities issued - 22.051 50.802 134.435 197.346 48.942 - 453.576 Miscellaneous payables 5.752 175.093 6.350 4.500 - - 3.885 195.580 Other liabilities(3) 56.847 9.383 23.961 12.484 66.782 184.507 325.229 679.193 Total liabilities 1.106.876 1.415.539 448.244 483.983 379.236 241.295 329.114 4.404.287 Net liquidity gap (504.499) (162.296) (125.683) 349.035 582.964 41.856 (181.377) - Net Off-Balance Sheet Position - (9.855) (14.719) (16.393) 4.455 - - (36.512) Derivative Financial Assets - 700.974 420.955 454.420 205.473 154.450 - 1.936.272 Derivative Financial Liabilities - 710.829 435.674 470.813 201.018 154.450 - 1.972.784 Non-Cash Loans - 37.274 112.942 433.085 140.746 20.000 191.554 935.601 Prior Period Total assets 485.668 913.903 268.201 624.983 862.376 257.781 110.020 3.522.932 Total liabilities 929.568 1.142.226 281.489 415.013 314.708 139.830 300.098 3.522.932 Net liquidity gap (443.900) (228.323) (13.288) 209.970 547.668 117.951 (190.078) - Net Off-Balance Sheet Position - (1.869) (10.054) (20.579) (1.693) 5.241 - (28.954) Derivative Financial Assets - 456.633 313.086 475.864 212.986 131.254 - 1.589.823 Derivative Financial Liabilities - 458.502 323.140 496.443 214.679 126.013 - 1.618.777 Non-Cash Loans - 24.616 94.112 357.351 119.084 15.508 163.277 773.948 (1) Expected credit losses are presented in the "Unclassified" column of the relevant financial item. (2) Non-performing loans are presented in the "Unclassified" column after being offset by expected credit losses. (3) Shareholders’ equity is presented in the “Unclassified” column.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 48 - 7. Explanations on consolidated leverage ratio: When comparing current and prior period, the main reason for increase in leverage ratio is the increase in Tier I capital. The summary information for the comparison of total assets in consolidated financials prepared in accordance with TAS and total exposures: Current Period(2) Prior Period(2) 1 Total assets in the consolidated financial statements prepared in accordance with TAS(1) 4.237.597 3.472.968 2 Differences between the total assets in the consolidated financial statements prepared in accordance with TAS and the total assets in the consolidated financial statements prepared in accordance with Communique on Preparation of Consolidated Financial Statements of the Banks 24.221 21.755 3 Differences between the balances of derivative financial instruments and the credit derivatives in the consolidated financial statements prepared in accordance with the Communique on Preparation of Consolidated Financial Statements of the Banks and their risk exposures 14.469 10.636 4 Differences between the balances of securities financing transactions in the consolidated financial statements prepared in accordance with the Communique on Preparation of Consolidated Financial Statements of the Banks and their risk exposures (81.541) (137.106) 5 Differences between off- balance sheet items in the consolidated financial statements prepared in accordance with the Communique on Preparation of Consolidated Financial Statements of the Banks and their risk exposures (68.385) (86.928) 6 Other differences in the consolidated financial statements prepared in accordance with the Communique on Preparation of Consolidated Financial Statements of the Banks and their risk exposures 48.878 138.152 7 Total Risks 7.446.150 6.817.341 (1) The consolidated financial statements prepared in accordance with the sixth paragraph of the Article 5 in the Communique on P reparation of Consolidated Financial Statements of the Banks. (2) The arithmetic average of the last three months in the related periods. Current Period(1) Prior Period(1) On-Balance sheet exposures 1 On-Balance sheet assets (Excluding derivative financial instruments and credit derivatives, including collaterals) 4.276.505 3.507.217 2 (Asset amounts deducted in determining Tier 1 capital) (57.059) (35.844) 3 Total on-Balance sheet exposures 4.219.446 3.471.373 Derivative financial instruments and credit derivatives 4 Replacement cost of derivative financial instruments and credit derivatives 5.174 8.116 5 Potential credit risk of derivative financial instruments and credit derivatives 14.469 10.636 6 Total derivative financial instruments and credit derivatives exposure 19.643 18.752 Securities financing transaction exposure 7 Total risk of gross securities financing transactions (excluding on-balance sheet exposure) 5.116 17.551 8 Agent transaction exposures - - 9 Total securities financing transaction exposures 5.116 17.551 Off-balance sheet items 10 Off-balance sheet exposure at gross notional amount 3.270.330 3.396.593 11 (Adjustments for conversion to credit equivalent amounts) (68.385) (86.928) 12 Total risk of off-balance sheet items 3.201.945 3.309.665 Capital and total exposure 13 Tier 1 capital 342.404 291.207 14 Total exposures 7.446.150 6.817.341 15 Leverage ratio (%) 4,60 4,28 (1) The arithmetic average of the last three months in the related periods.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 49 - 8. Explanations on hedge accounting: The Group applies the following hedge accounting models: - Fair value Hedge (“FVH”) - Cash Flow Hedge (“CFH”) - Net Investment Hedge (“NIH”) If the fair value of the hedging instrument within fair value hedge ("FVH") is positive it is classified under, "Derivative financial assets measured at fair value through profit or loss"; if the fair value is negative, it is classified under "Derivative financial liabilities measured at fair value through profit or loss". If the fair value of the hedging instrument under hedge of cash flow hedge ("CFH") is positive, it is classified under “Derivative financial assets measured at fair value through other comprehensive income “if the fair value is negative, it is classified under "Derivative financial liabilities measured at fair value through other comprehensive income". Cross currency interest rate swaps and interest rate swaps are used as hedging instrument in FVH. Interest rate swaps, currency swaps and cross currency swaps are used as hedging instrument in CFH. Contractual amounts and the fair values as at September 30, 2026 of these hedging instruments are presented in the table below: Current Period Prior Period Hedging instrument Notional(1) Asset Liability Notional(1) Asset Liability Interest rate and currency swap / Cross currency interest rate swap (CFH) 21.772 1.203 216 23.245 1.573 32 Interest rate swap (FVH) 2.325 186 - 2.300 173 - Total 24.097 1.389 216 25.545 1.746 32 (1) Only the “sell” legs of the related derivatives are presented with the addition of the “buy” legs of these derivatives amount ing to TL 24.096 (December 31, 2025 - TL 25.641) the total notional of derivative financial assets amounting to TL 48.193 (December 31, 2025 - TL 51.186) is accounted for in off-balance sheet under “Hedging Derivative Financial Instruments” line item. The fair valuation methodology of the derivatives presented in the above table is disclosed in detail in the accounting principles section of these financial statements in Section 3 Part 4. 8.1 Fair value hedge accounting: The Group has hedged the possible fair value effects of changes in market interest rates and foreign exchange rates on some of its fixed rate foreign currency borrowings by using interest rate swaps, cross -currency interest rate swaps. The impact of application of FVH accounting is summarized below; Current Period Type of hedging instrument Hedged item (asset and liability) Nature of hedged risks Fair value difference / adjustment of the hedged item(1) Net fair value of the hedging instrument(2) Income statement effect Asset Liability Interest rate swaps Loans Fixed interest and changes in foreign exchange rate risk (194) 186 - (15) Prior Period Type of hedging instrument Hedged item (asset and liability) Nature of hedged risks Fair value difference / adjustment of the hedged item(1) Net fair value of the hedging instrument(2) Income statement effect Asset Liability Interest rate swaps Loans Fixed interest and changes in foreign exchange rate risk (167) 173 - (8) (1) The amount refers to the fair value of the hedged item calculated for some of fixed interest loan portfolios and foreign currency funds borrowed in accordance with hedge accounting effectiveness tests. The foreign exchange rate changes of foreign currency fundings and cross -currency swaps are reflected to the income statement in foreign exchange gains / losses line item. (2) The amounts include the foreign exchange differences and net straight line interest accruals of the related derivatives.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 50 - At the inception date, the Group documents the relationship between the hedging instruments and hedged items required by the FVH accounting application in accordance with “TAS 39- Financial Instruments: Recognition and Measurement” and its own risk management policies and principles. Every individual relationship is approved and documented in the same methodology. In accordance with “TAS 39- Financial Instruments: Recognition and Measurement”, the effectiveness tests of the relationships are perfo rmed in accordance with the Group ’s risk management policies. In the effectiveness tests, the fair values of the hedged item are calculated using the same assumptions used in calculation of fair values of the derivatives. The effectiveness tests are performed prospectively and retrospectively on a monthly basis and the effectiveness of risk relationships are measured. At the inception date the effectiveness tests are performed prospectively. If the underlying hedge does not conform to the FVH accounting requirements (out of the 80% - 125% effectiveness range) or if the management voluntarily decides to discontinue the hedging relation, the adjustments made to the carrying value (amortized cost) of the hedged item are amortiz ed with the straight line method and recognized in the profit or loss accounts within the remaining maturity. In addition, if the hedging instrument is sold or closed before its maturity, the amount of the fair value adjustments of the hedged i tems are amortized to profit or loss accounts with the straight line method within the remaining maturity. 8.2 Cash flow hedge accounting: The Group apply macro and micro cash flow hedge accounting in order to hedge its cash flow risk from floating interest rate liabilities. The hedging instruments are USD, EUR and TL interest rate swaps, currency swaps and cross currency swaps with floating receive, fixed pay legs, and the hedged item is the cash outflows due to financing of interests of repricing and exchange rate changes U S D , E U R a n d T L d e p o s i t s , lease receivables, borrowings and repos. The impact of application of CFH accounting is summarized below: Current Period Type of hedging instrument Hedged item (asset and liability) Nature of hedged risks Net fair value of the hedging instrument Net gain/(loss) recognized in hedging funds(1) Net gain/(loss) reclassified to equity(2)(3) Asset Liability Interest rate and currency swaps/Cross currency interest rate swaps Customer deposits, repos, lease receivables and borrowings Cash flow risk due to the changes in the interest rates 1.203 216 1.327 (236) Prior Period Type of hedging instrument Hedged item (asset and liability) Nature of hedged risks Net fair value of the hedging instrument Net gain/(loss) recognized in hedging funds(1) Net gain/(loss) reclassified to equity(2)(3) Asset Liability Interest rate and currency swaps/Cross currency interest rate swaps Customer deposits, repos, lease receivables and borrowings Cash flow risk due to the changes in the interest rates 1.573 32 1.563 (575) (1) Includes deferred tax impact. (2) Includes tax and foreign exchange differences. (3) The ineffective portion of the mentioned hedging transaction is TL 60 gain (September 30, 2025 – TL 119 gain). The Group documents the relationship between the hedging instruments and hedged items required by the CFH accounting application in accordance with “TAS 39 - Financial Instruments: Recognition and Measurement” and its own risk management policies and principles. Every individual relationship is approved and documented in the same way. In accordance with “TAS 39 - Financial Instruments: Recognition and Measurement”, the effectiveness tests of the relationships are performed in accordance with the Bank’s risk manageme nt policies.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 51 - The effectiveness tests are performed on a monthly basis and the effectiveness of risk relationships are measured. If the underlying hedge does not conform to the CFH accounting requirements (out of the 80% - 125% effectiveness range) or if the management voluntarily decides to discontinue the hedging relation or the hedging instrument is sold or closed before its maturity, the cumulative gain or loss on the hedging instrument that has been recognised in other comprehensive income from the period when the hedge was effective shall remain separately in equity until the forecast transaction occurs or is no longer expected to occur. When the hedged forecasted transactions are no longer expected to occur, the net cumulative gain or loss is reclassified from other comprehensive income to profit or loss. 8.3 Hedge From Foreign Net Investment Risk: The Group hedges part of the currency translation risk of net investments in foreign operations through foreign currency borrowings. The Group’s Euro denominated borrowing is designated as a hedge of the net investment in the Group’s certain EUR denominate d subsidiaries. The total amount of the borrowing designated as a hedge of the net investment at September 30, 2026 is EUR 782 million (December 31, 2025 - EUR 742 million). 9. Explanations on the activities carried out on behalf of others and fiduciary transactions: The Group carries out trading, custody, management and consulting services on behalf of customers and on their account. The Group has no fiduciary transactions. 10. Explanations on consolidated operating segments: The Group carries out its banking operations through three main business units: Retail Banking Corporate Banking Commercial and SME Banking. The Parent Bank’s Retail Banking activities include card payment systems, individual, individual portfolio, blue class, private banking. Retail Banking products and services offered to customers include card payment systems, consumer loans (including general purpose loans, auto loans, mortgages), commercial installment loans, time and demand deposits, gold banking, investment accounts, life and non-life insurance products and payroll services. In addition, customers who receive their monthly salary/SSI paym ents through our bank are offered privileges covering various banking transactions. Card payment systems cover the management of products, services, campaigns for member merchants as well as the sales and activities for a variety of customer types. Crystal , Play, Adios and Taksitçi are the other card brands providing services for the different segments within the World brand, shopping and marketing platform of the Parent Bank. Through its Blue Class and Private Banking activities, the Bank serves high net w orth customers and delivers investment products to this customer segment. Among the products and services offered to Private Banking customers are time deposit products, mutual funds, foreign exchange, gold and equity trading. Also, personal art advisory, inheritance advisory, real estate advisory, tax advisory, education and philanthropic advisory are offered within the Private Banking and Wealth Management activities. Corporate, Commercial and SME Banking segment is organized into three subgroups: Corporate Banking for large-scale, international and multinational companies and Commercial Banking for medium-sized enterprises and SME Banking for SME companies. Corporate a nd Commercial Banking, has a product range of working capital finance, trade finance, project finance, domestic and international non-cash loans such as letters of credit and letters of guarantee, cash management, internet banking, financial advisory and e quity management advisory. SME Banking offer to customers SME loans and SME banking packages products . The Group’s widespread branch network and alternative distribution channels including ATMs, telephone banking, internet banking and mobile banking are utilized to serve customers in all segments. Foreign operations include the Group's banking operations in the Netherlands, Germany and Azerbaijan. Treasury, Asset – Liability Management and other operations, mainly consist of treasury management’s results, operations of supporting business units and other unallocated transactions.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 52 - Major balance sheet and income statement items based on operating segments: The below table is prepared in accordance with the Management Information System (MIS) data of the Bank. Current Period Retail banking Corporate banking Commercial and SME banking Other foreign operations Other domestic operations Treasury, Asset- Liability Management and Other Consolidation adjustments(1) Total operations of the Group Operating income 84.410 18.951 55.182 5.765 16.703 45.970 (310) 226.671 Operating expenses (69.723) (5.709) (26.273) (2.502) (4.366) (66.453) 310 (174.716) Net operating income / (expense) 14.687 13.242 28.909 3.263 12.337 (20.483) - 51.955 Dividend income(2) - - - - - 433 - 433 Profit/loss from equity accounted subsidiaries(2) - - - - - 1.769 - 1.769 Profit/loss before tax 14.687 13.242 28.909 3.263 12.337 (18.281) - 54.157 Tax expense(2) - - - - - (14.776) - (14.776) Net period profit/loss from continuing operations 14.687 13.242 28.909 3.263 12.337 (33.057) - 39.381 Minority interest (-) - - - - - (1) - (1) Profit/loss from discontinued operations - - - - 2.295 - - 2.295 Group profit/loss 14.687 13.242 28.909 3.263 14.632 (33.058) - 41.675 Segment assets 987.595 356.050 649.021 299.862 253.406 1.879.030 (41.248) 4.383.716 Investments in associates, subsidiaries and joint ventures - - - - - 16.943 - 16.943 Discontinued operations assets - - - - 3.628 - - 3.628 Total assets 987.595 356.050 649.021 299.862 257.034 1.895.973 (41.248) 4.404.287 Segment liabilities 1.408.988 225.073 398.923 252.281 214.681 1.648.809 (41.248) 4.107.507 Discontinued operations liabilities - - - - 566 - - 566 Shareholders’ equity - - - - - 296.214 - 296.214 Total liabilities 1.408.988 225.073 398.923 252.281 215.247 1.945.023 (41.248) 4.404.287 Prior Period(3) Retail banking Corporate banking Commercial and SME banking Other foreign operations Other domestic operations Treasury, Asset- Liability Management and Other Consolidation adjustments(1) Total operations of the Group Operating income 85.501 13.395 44.270 4.768 11.467 10.163 (199) 169.365 Operating expenses (50.943) (2.252) (16.159) (1.965) (3.012) (51.938) 199 (126.070) Net operating income / (expense) 34.558 11.143 28.111 2.803 8.455 (41.775) - 43.295 Dividend income(2) - - - - - 334 - 334 Profit/loss from equity accounted subsidiaries(2) - - - - - 1.342 - 1.342 Profit/loss before tax 34.558 11.143 28.111 2.803 8.455 (40.099) - 44.971 Tax expense(2) - - - - - (8.720) - (8.720) Net period profit/loss 34.558 11.143 28.111 2.803 8.455 (48.819) - 36.251 Minority interest (-) - - - - - (2) - (2) Profit/loss from discontinued operations - - - - 1.561 - - 1.561 Group profit/loss 34.558 11.143 28.111 2.803 10.016 (48.821) - 37.810 Segment assets 809.952 305.670 533.266 243.473 191.056 1.438.649 (13.697) 3.508.369 Investments in associates, subsidiaries and joint ventures - - - - - 14.563 - 14.563 Total assets 809.952 305.670 533.266 243.473 191.056 1.453.212 (13.697) 3.522.932 Segment liabilities 1.129.984 165.060 338.200 202.778 162.223 1.282.767 (13.697) 3.267.315 Shareholders’ equity - - - - - 255.617 - 255.617 Total liabilities 1.129.984 165.060 338.200 202.778 162.223 1.538.384 (13.697) 3.522.932 (1) Consolidation adjustments include transactions with subsidiaries and investments consolidated in these financial statements. (2) Related items expenses have not been distributed based on operating segments and have been presented under “Treasury, Asset -Liability Management and Other”. (3) Income statements items presents the balances as of September 30, 2025.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 53 - Section Five - Explanations and notes related to consolidated financial statements 1. Explanations and notes related to consolidated assets: 1.1. Information related to cash and the account of the Central Bank: 1.1.1. Information on cash and the account of the CBRT: Current Period Prior Period TL FC TL FC Cash 6.212 22.771 6.111 18.276 The CBRT(1) 470.052 294.037 228.525 233.486 Other - 37.042 - 55.046 Total 476.264 353.850 234.636 306.808 (1) The balance of gold amounting to TL 106.976 is accounted for under the Central Bank foreign currency account (December 31, 2025 – TL 75.812). 1.1.2. Information on the account of the CBRT: Current Period Prior Period TL FC TL FC Unrestricted demand amount (1) 171.054 125.600 101.966 92.667 Unrestricted time amount 210.216 - 43.045 - Restricted time amount - - - - Reserve requirement(2) 88.782 168.437 83.514 140.819 Total 470.052 294.037 228.525 233.486 (1) The TL reserve requirement has been classified in “Central Bank Demand Unrestricted Account” based on the correspondence with BRSA letter as of January 3, 2008. (2) The Group keeps TL, USD, EUR and Gold reserve deposits for its TL and FC liabilities at Central Bank accounts in accordance with the legislation of the Central Bank numbered 2013/15, “Decree on Reserve Deposits” . 1.2. Information on financial assets measured at fair value through profit or loss: The Group does not have financial assets measured at fair value through profit or loss subject to repo transactions and given as collateral/blocked (December 31, 2025 - None). 1.3. Information on derivative financial assets: 1.3.1. Positive differences related to derivative financial assets held for trading: Current Period Prior Period TL FC TL FC Forward transactions 930 447 1.110 1.043 Swap transactions 3.028 11.125 5.523 7.037 Futures transactions 142 - 118 - Options 339 667 263 540 Other - - - - Total 4.439 12.239 7.014 8.620 1.3.2. Positive differences related to derivative financial assets held for hedging: Current Period Prior Period TL FC TL FC Fair value hedges(1) - 186 - 173 Cash flow hedges(1) 71 1.132 93 1.480 Hedges for investments made in foreign countries - - - - Total 71 1.318 93 1.653 (1) Explained in note 8 of section 4. 1.4. Information on banks: 1.4.1. Information on banks: Current Period Prior Period TL FC TL FC Banks Domestic 38.275 41.288 42.963 29.809 Foreign 333 48.993 377 33.416 Headquarters and foreign branches - - - - Total 38.608 90.281 43.340 63.225
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 54 - 1.4.2. Information on money markets receivables: As of September 30, 2026 the Group has no money markets receivables (December 31, 2025 – None). 1.5. Information on financial assets at fair value through other comprehensive income which are subject to repurchase agreements and given as collateral / blocked: As of September 30, 2026 the Group has financial assets at fair value through other comprehensive income given as repo transactions amounting to TL 31.314 (December 31, 2025 – TL 46.868). The securities subject to collateral/blocked are TL 49.104 (December 31, 2025 - TL 13.573). 1.6. Information on financial assets at fair value through other comprehensive income: Current Period Prior Period Debt securities 213.644 198.703 Quoted on stock exchange 213.595 198.695 Not quoted 49 8 Share certificates 399 353 Quoted on stock exchange 7 6 Not quoted 392 347 Impairment (-)(1) 8.489 5.097 Total 205.554 193.959 (1) Includes the negative differences between the acquisition cost and the market price, related to the securities portfolio. 1.7. Explanations on loans: 1.7.1. Information on all types of loans or advance balances given to shareholders and employees of the Group: Current Period Prior Period Cash Non-cash Cash Non-cash Direct loans granted to shareholders - - - - Corporate shareholders - - - - Real person shareholders - - - - Indirect loans granted to shareholders 17 636 21 466 Loans granted to employees 2.969 4 2.468 5 Total 2.986 640 2.489 471 1.7.2. Information on the first and second group loans and other receivables and loans and other receivables that have been restructured or rescheduled: Standard Loans Loans under close monitoring Not under the scope of restructuring Loans under restructuring Cash Loans Modifications on agreement conditions Refinancing Non-specialised loans 1.947.270 117.784 13.060 138.885 Loans given to enterprises 397.307 11.566 12.188 74.854 Export loans 337.938 7.366 69 2.303 Import loans - - - - Loans given to financial sector 50.260 - - - Consumer loans 394.176 33.651 42 26.872 Credit cards 487.771 52.169 - 21.943 Other 279.818 13.032 761 12.913 Specialised loans - - - - Other receivables 152.277 7.079 - - Total 2.099.547 124.863 13.060 138.885 Standard loans Loans under close monitoring 12-month provisions for expected credit losses 8.463 - Significant increase in credit risk - 22.681 Total 8.463 22.681
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 55 - 1.7.3. Information on consumer loans, individual credit cards, personnel loans and personnel credit cards: Short-term Medium and long-term Total Consumer loans-TL 90.113 191.981 282.094 Real estate loans 35 69.300 69.335 Automotive loans 2.442 3.887 6.329 Consumer loans 87.636 118.794 206.430 Other - - - Consumer loans-FC indexed - 21 21 Real estate loans - 21 21 Automotive loans - - - Consumer loans - - - Other - - - Consumer loans-FC 367 5.364 5.731 Real estate loans 10 1.806 1.816 Automotive loans - - - Consumer loans 146 2.986 3.132 Other 211 572 783 Individual credit cards-TL 458.457 34.341 492.798 With installments 181.900 33.604 215.504 Without installments 276.557 737 277.294 Individual credit cards-FC 2.066 210 2.276 With installments 55 177 232 Without installments 2.011 33 2.044 Personnel loans-TL 753 672 1.425 Real estate loans - 9 9 Automotive loans 2 2 4 Consumer loans 751 661 1.412 Other - - - Personnel loans-FC indexed - - - Real estate loans - - - Automotive loans - - - Consumer loans - - - Other - - - Personnel loans-FC 4 264 268 Real estate loans 1 189 190 Automotive loans - - - Consumer loans 3 75 78 Other - - - Personnel credit cards-TL 1.067 13 1.080 With installments 424 13 437 Without installments 643 - 643 Personnel credit cards-FC 14 3 17 With installments - 3 3 Without installments 14 - 14 Credit deposit account-TL (Real Person)(1) 165.112 90 165.202 Credit deposit account-FC (Real Person) - - - Total 717.953 232.959 950.912 (1) TL 179 of the credit deposit account belongs to the loans used by personnel
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 56 - 1.7.4. Information on installment based commercial loans and corporate credit cards: Short-term Medium and long-term Total Commercial installments loans-TL 13.480 183.225 196.705 Business loans 3 2.837 2.840 Automotive loans 1.403 26.494 27.897 Consumer loans 12.074 153.894 165.968 Commercial installments loans-FC indexed - - - Business loans - - - Automotive loans - - - Consumer loans - - - Corporate credit cards-TL 65.084 561 65.645 With installment 19.038 557 19.595 Without installment 46.046 4 46.050 Corporate credit cards-FC 66 1 67 With installment - - - Without installment 66 1 67 Credit deposit account-TL (legal person) 28.045 - 28.045 Total 106.675 183.787 290.462 1.7.5. Distribution of domestic and foreign loans(1): Distribution has been disclosed based on the location where the customers operate: Current Period Prior Period Domestic loans 2.269.015 1.841.014 Foreign loans 107.340 81.352 Total 2.376.355 1.922.366 (1) Non-performing loans are not included. 1.7.6. Loans granted to associates and subsidiaries: Current Period Prior Period Direct loans granted to associates and subsidiaries 597 455 Indirect loans granted to associates and subsidiaries - - Total 597 455 1.7.7. Information on credit-impaired (Stage 3): Current Period Prior Period Loans and other receivables with limited collectability 11.537 9.103 Loans and other receivables with doubtful collectability 20.523 11.558 Uncollectible loans and other receivables 29.390 21.761 Total 61.450 42.422 1.7.8. Information on non-performing loans (net): 1.7.8.1. Information on non-performing loans restructured or rescheduled, and other receivables: III. Group IV. Group V. Group Loans with limited collectibility Loans with doubtful collectibility Uncollectible loans Current Period (Gross amounts before provisions) 4.650 4.900 8.798 Restructured loans 4.650 4.900 8.798 Prior Period (Gross amounts before provisions) 1.930 2.864 7.824 Restructured loans 1.930 2.864 7.824
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 57 - 1.7.8.2. Information on the movement of total non-performing loans: III. Group IV. Group V. Group Loans with limited collectibility Loans with doubtful collectibility Uncollectible loans Prior Period 15.584 21.620 34.122 Additions (+) 51.752 4.825 7.211 Transfers from other categories of non-performing loans (+) - 40.431 26.748 Transfer to other categories of non- performing loans (-) 40.431 26.748 - Collections (-) 5.686 6.993 6.648 FX valuation differences 6 71 193 Write-offs (-) - - 5.337 Sale (-) - 599 6.777 Corporate and commercial loans - 260 394 Consumer loans - 254 2.635 Credit cards - 85 3.748 Other - - - Current Period 21.225 32.607 49.512 Provision (-) 11.537 20.523 29.390 Net balance on balance sheet 9.688 12.084 20.122 In line with the decrees of the Group's Board of Directors, non-performing loans amounting to TL 7.376 have been liquidated for an amount of TL 907 through sales to various asset management companies. The Group has written of loans amounting to TL 5. 337 that were classified under Group Five – Uncollectible Loans with Loss Characteristics, for which lifetime expected credit loss allowances had been recognized and for which were no reasonable expectations of recovery due to the borrower’s default. As a result of loan written -off, the Group’s non-performing loan ratio decreased from 4,36% to 4,15%. 1.7.8.3. Information on non-performing loans granted as foreign currency loans: III. Group IV. Group V. Group Loans with limited collectibility Loans with doubtful collectibility Uncollectible loans Current Period Period end balance 1.213 1.816 10.509 Provision (-) 627 777 4.759 Net balance on-balance sheet 586 1.039 5.750 Prior Period Period end balance 1.728 2.232 7.966 Provision (-) 1.503 392 3.661 Net balance on-balance sheet 225 1.840 4.305 1.7.8.4. Information on the gross and net amounts of the non-performing loans according to types of borrowers: III. Group IV. Group V. Group Loans with limited collectibility Loans with doubtful collectibility Uncollectible loans Current Period (net) 9.688 12.084 20.122 Loans granted to real persons and corporate entities (gross) 21.225 32.596 49.488 Provision amount (-) 11.537 20.512 29.366 Loans granted to real persons and corporate entities (net) 9.688 12.084 20.122 Banks (gross) - 11 -1 Provision amount (-) - 11 -1 Banks (net) - - - Other loans (gross) - - 23 Provision amount (-) - - 23 Other loans (net) - - - Prior Period (net) 6.481 10.062 12.361 Loans granted to real persons and corporate entities (gross) 15.584 21.620 34.038 Provision amount (-) 9.103 11.558 21.677 Loans granted to real persons and corporate entities (net) 6.481 10.062 12.361 Banks (gross) - - 1 Provision amount (-) - - 1 Banks (net) - - - Other loans (gross) - - 83 Provision amount (-) - - 83 Other loans (net) - - -
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 58 - 1.7.8.5. Information on interest accruals, rediscounts and valuation differences calculated for non-performing loans and their provisions: III. Group IV. Group V. Group Loans with limited collectibility Loans with doubtful collectibility Uncollectible loans Current Period (net) 1.554 2.107 1.650 Interest accruals and rediscounts and valuation differences 3.023 4.825 7.261 Provision amount (-) 1.469 2.718 5.611 Prior Period (net) 1.133 1.419 1.195 Interest accruals and rediscounts and valuation differences 2.214 3.263 5.135 Provision amount (-) 1.081 1.844 3.940 1.7.9. Explanation on liquidation policy for uncollectible loans and receivables: Uncollectible loans and receivables, which are classified in accordance with the Provisioning Regulation, are collected through legal follow-up, voluntary payments and liquidation of collaterals. 1.7.10. Explanation on “Write-off” policies: In order to ensure the liquidation of non- performing loans and other receivables related to the liquidation policy, to provide the maximum collection all possible alternatives within the framework of the legislation are applied, and in case of collection, liquidation or receivables with no possibility of restructuring, the legal follow -up and conversion of collaterals into cash method is applied. The receivables that are determined to be uncollectible in the Legal Follow -up process regarding the write -off policy can be deleted by the resolution of the Board of Directors by fulfilling the requirements in the relevant laws, regulations and internal directives. Besides, in accordance with the changes on “Provisioning Regulation” published in the Official Gazette No. 30961 dated November 27, 2019 by BRSA, the Parent Bank, during the period deemed appropriate under TFRS 9, may write off part of the loans for which the Parent Bank has no reasonable expectation of recovery and that are classified under Group five with a life time expected credit loss due to the default of debtor, starting from the following reporting date that t he loan is classified in Group five. Write off is only an accounting application in accordance with the related change in the regulation and it does not result in waive from the Parent Bank’s right to receive. 1.8. Information on financial assets at amortized cost: 1.8.1. Information on financial assets measured at amortised cost which are subject to repurchase agreements and given as collateral / blocked: As of September 30, 2026 financial assets measured at amortised cost given as repo transactions amounting to TL 139.214 (December 31, 2025 – TL 42.100). The securities subject to collateral/blocked are TL 170.729 (December 31, 2025 – TL 165.248). 1.8.2. Information on public sector debt securities measured at amortized cost: Current Period Prior Period Government bond 441.972 402.931 Treasury bill - - Other debt securities 22.084 18.312 Total 464.056 421.243 1.8.3. Information on financial assets measured at amortized cost: Current Period Prior Period Debt securities 485.117 438.700 Quoted on stock exchange 485.117 438.700 Not quoted - - Impairment (-)(1) 21.061 17.457 Total 464.056 421.243 (1) Includes amortization of the premiums paid during the purchase of the securities throughout the maturity of the securities.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 59 - 1.8.4. Movement of financial assets measured at amortized cost within the period: Current Period Prior Period Beginning balance 421.243 387.925 Foreign currency differences on monetary assets(1) 50.357 55.701 Purchases during year 15.685 28.177 Disposals through sales and redemptions(-) 19.625 46.419 Impairment (-)(2) 3.604 4.141 Period end balance 464.056 421.243 (1) Also includes the changes in the interest income accruals. (2) Includes amortization of the premiums paid during the purchase of the securities throughout the maturity of the securities. 1.9. Information on investments in associates (net): 1.9.1. Information on unconsolidated investments in associates: No Description Address (City/ Country) The Parent Bank’s shareholding percentage - if different voting percentage (%) Bank’s risk group shareholding percentage (%) 1 Tanı Pazarlama ve İletişim Hizmetleri A.Ş. Istanbul/ Türkiye 38,17 38,17 2 Kredi Kayıt Bürosu(1) Istanbul/ Türkiye 18,18 18,18 3 Bankalararası Kart Merkezi A.Ş.(1) Istanbul/ Türkiye 4,89 4,89 1.9.2. Main financial figures of the investments in associates in the order of the above table: No Total assets Shareholders’ equity Total fixed assets Interest Income Income from marketable securities portfolio Current period profit / loss Prior period profit / loss Market Value 1 559 48 336 - - 32 (4) - 2 9.011 5.258 4.110 400 - 1.229 848 - 3 12.464 11.064 2.189 1.689 - 123 2.120 - (1) Financial statement information is as of June 30, 2026. 1.9.3. Consolidated investments in associates: 1.9.4. Information on consolidated investments in associates: No Description Address (City/ Country) The Parent Bank’s shareholding percentage - if different voting percentage (%) Other Shareholders’ shareholding percentage (%)(1) 1 Banque de Commerce et de Placements S.A. Geneva/ Switzerland 30,67 - 2 Allianz Yaşam ve Emeklilik A.Ş. Istanbul/ Türkiye - 20,00 (1) The other shareholders represent the consolidated Group companies. 1.9.5. Main financial figures of the consolidated investments in associates in order of the above table: No Total assets Shareholders’ equity Total fixed assets Interest Income Income from marketable securities portfolio Current period profit / loss Prior period profit / loss Market Value 1 235.882 44.883 314 7.050 1.089 1.654 1.711 - 2 51.001 13.111 835 7.491 - 4.698 4.058 -
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 60 - 1.9.6. Movement of consolidated investments in associates: Current Period Prior Period Balance at the beginning of the period 13.666 9.327 Movements during the period 2.241 4.339 Purchases - - Bonus shares obtained - - Share of current year profit 1.769 1.832 Sales (-) - - Foreign exchange gain/(loss) items from the foreign subsidiaries(1) 1.043 2.975 Impairment (-)(2) 571 468 Balance at the end of the period 15.907 13.666 Capital commitments - - Shareholding percentage at the end of the period (%) - - (1) Includes the differences in the other comprehensive income related with the equity method accounting. (2) Includes dividend income received in the current period. 1.9.7. Information on sectors and the carrying amounts of consolidated investments in associates: Current Period Prior Period Banks 13.049 11.330 Insurance companies 2.858 2.336 Total 15.907 13.666 1.9.8. Investments in associates quoted on stock exchange: None (December 31, 2025 - None).
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 61 - 1.10. Information on subsidiaries (net): There is no deficit of regulatory limits on capital structure of the subsidiaries which are included in the consolidated capital adequacy ratio calculation in accordance with the capital adequacy ratio limits. 1.10.1. Information on shareholders' equity of the significant subsidiaries: Yapı Kredi Yatırım Menkul Değerler A.Ş. Yapı Kredi Faktoring A.Ş. Yapı Kredi Finansal Kiralama A.O. Yapı Kredi Portföy Yönetimi A.Ş. Yapı Kredi Bank Nederland N.V. Yapı Kredi Bank Deutschland OHG Core capital Paid in Capital 1.500 130 390 53 112 3.807 Inflation adjustment to share capital - - - - - - Share premium - - - - - - Other Capital Reserves 135 - (217) - - - Other comprehensive income that will not be classified under profit or loss 4 (33) (38) (10) - - Other comprehensive income that will be classified under profit or loss (36) - 38 - 27.922 - Legal Reserves 239 26 79 98 - - Extraordinary Reserves 8.763 4.664 11.117 - 8.945 (886) Other Profit Reserves - - - - - - Profit or Loss 6.415 1.943 3.467 2.916 2.585 (481) Current Year Profit/Loss 6.485 1.943 3.379 2.399 2.585 (481) Prior Years' Profit/Loss (70) - 88 517 - - Leasehold improvements (-) - 1 - - - 3 Intangible assets (-) 75 60 194 7 91 108 Total Tier I capital 16.945 6.669 14.642 3.050 39.473 2.329 Tier II capital 29 99 444 - 174 48 Capital 16.974 6.768 15.086 3.050 39.647 2.377 Deductions from the capital - - - - - - Total shareholders’ equity 16.974 6.768 15.086 3.050 39.647 2.377 The above information is based on the information extracted from the individual financial statements of subsidiaries, used for consolidated financial statements of the Bank as of September 30, 2026. The internal capital adequacy for the subsidiaries is calculated with the model and approaches used in the Parent Bank within the scope of the consolidated ICAAP report. Paid-in capital is a capital which have been disclosed as Turkish Lira in the articles of incorporation and registered in trade register. Extraordinary reserves are the reserves which represent the remaining net income of the pr ior periods after providing the legal reserves in accordance with the General Assembly of the Bank. Legal reserves are the income reserves that are provided according to the first paragraph and the third subparagraph of the second paragraph of the article No 466 and No 467 of the Turkish Commercial Code No. 6762 allocated as capital reserves separated from annual profit according to the laws of foundation.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 62 - 1.10.2. Unconsolidated subsidiaries: 1.10.2.1. Information on unconsolidated subsidiaries Since the subsidiaries below are not financial subsidiaries, the related subsidiaries are unconsolidated and are carried at restated cost. Description Address (City/ Country) The Parent Bank’s shareholding percentage - if different voting percentage (%) Bank’s risk group shareholding percentage (%) 1 Yapı Kredi-Kültür Sanat Yayıncılık Tic. ve San. A.Ş. Istanbul/ Türkiye 100,00 100,00 2 Enternasyonal Turizm Yatırım A.Ş. Istanbul/ Türkiye 99,99 99,99 3 Yapı Kredi Teknoloji A.Ş. Istanbul/ Türkiye 100,00 100,00 4 Yapı Kredi Finansal Teknolojiler A.Ş.(1), (2) Istanbul/ Türkiye 100,00 100,00 (1) The capital of Yapı Kredi Finansal Teknolojiler A.Ş. was increased by TL 560 on February 18, 2026. TL 140 has been paid in cash and the remaining TL 420 has been committed to be paid. (2) As wholly-owned subsidiaries of Yapı Kredi Finansal Teknolojiler A.Ş., Yapı Kredi Üye İşyeri Yazılım Hizmetleri A.Ş. was established on June 4, 2026 and Yapı Kredi Kripto Varlık Alım Satım Platformu A.Ş. was established on August 6, 2025. 1.10.2.2. Main financial figures of the subsidiaries in order of the above table: Total assets Shareholders’ equity Total fixed assets Interest Income Income from marketable securities portfolio Current period profit / loss Prior period profit / loss Fair Value 1 600 138 20 2 - 2 19 - 2 1.308 1.294 1.052 12 - (4) 23 - 3 564 301 341 52 - 181 137 - 4 790 790 - - - - - - 1.10.3. Consolidated subsidiaries: 1.10.3.1. Information on consolidated subsidiaries: Subsidiary Address (City/ Country) The Parent Bank’s shareholding percentage - if different voting percentage (%) Bank’s risk group shareholding percentage (%) 1 Yapı Kredi Holding B.V. Amsterdam/Netherlands 100,00 100,00 2 Yapı Kredi Menkul Istanbul/ Türkiye 99,99 100,00 3 Yapı Kredi Faktoring Istanbul/ Türkiye 99,99 100,00 4 Yapı Kredi Leasing Istanbul/ Türkiye 99,99 99,99 5 Yapı Kredi Portföy (1) Istanbul/ Türkiye 12,65 99,99 6 Yapı Kredi Bank Nederland N.V. (2) Amsterdam/Netherlands 67,24 100,00 7 Yapı Kredi Azerbaycan Bakü/Azerbaijan 99,80 100,00 8 Yapı Kredi Bank Deutschland OHG (3) Frankfurt/Germany - 100,00 (1) Yapı Kredi Portföy Yönetimi A.Ş. has been classified under discontinued operations as of July 29, 2026. (2) Includes the balances for Stiching Custody Services YKB. (3) The Bank owns all shares of Yapı Kredi Deutschland GmbH and Yapı Kredi Beteiligungsgesellschaft mbH which are shareholders of Yapı Kredi Bank Deutschland OHG. Although Yapı Kredi Diversified Payment Rights Finance Company (“Special Purpose Entity”) which is established for future flow transactions of Yapı Kredi is not a subsidiary, it is included in the consolidation. 1.10.3.2. Main financial figures of the consolidated subsidiaries in the order of the above table: Total assets Shareholders’ equity Total fixed assets Interest income Income from marketable securities portfolio Current period profit / loss Prior period profit /loss Fair value 1 152 149 - - - 1 (10) - 2 79.175 17.018 602 16.304 289 6.485 4.043 - 3 69.117 6.729 222 13.558 - 1.943 1.433 - 4 104.388 14.836 371 8.056 - 3.379 2.441 - 5 3.629 3.058 23 891 - 2.399 1.633 - 6 250.548 39.565 121 13.084 727 2.585 2.199 - 7 29.355 4.128 1.026 1.350 104 268 190 - 8 19.854 3.786 199 467 86 (481) (379) -
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 63 - 1.10.4. Movement of consolidated subsidiaries: Current Period Prior Period Balance at the beginning of the period 71.851 47.435 Movements during the period 17.300 24.416 Purchases 5 1.340 Bonus shares obtained - - Share of current year profit 14.575 14.484 Sales (-) - - Revaluation increase/decrease (1) 4.431 9.585 Impairment (-) (2) 1.711 993 Balance at the end of the period 89.151 71.851 Capital commitments - - Shareholding percentage at the end of the period (%) - - (1) Includes the differences in the other comprehensive income related with the equity method accounting. (2) Includes dividend income received in the current period. 1.10.5. Sectoral information on financial subsidiaries and the related carrying amounts: Current Period Prior Period Banks 34.511 29.672 Insurance companies - - Factoring companies 6.728 4.789 Leasing companies 14.835 11.348 Finance companies - - Other financial subsidiaries 33.077 26.042 Total 89.151 71.851 1.10.6. Subsidiaries quoted on stock exchange: None (December 31, 2025 - None). 1.11. Information on joint ventures (net): 1.11.1. Unconsolidated joint ventures: None (December 31, 2025 - None). 1.12. Information on lease receivables (net): 1.12.1. Breakdown according to maturities: Current Period Prior Period Gross Net Gross Net Less than 1 year 13.727 10.814 35.603 29.120 Between 1- 4 years 78.607 63.987 30.072 26.013 More than 4 years 20.881 18.233 5.242 4.417 Total 113.215 93.034 70.917 59.550 1.12.2. Information for net investments in finance leases: Current Period Prior Period TL FC TL FC Gross lease receivables 26.490 86.725 18.711 52.206 Unearned financial income from leases (-) 8.198 11.983 5.042 6.325 Amount of cancelled leases (-) - - - - Total 18.292 74.742 13.669 45.881 1.13. Information on investment property: None (December 31, 2025 - None). 1.14. Information on deferred tax: There is a deferred tax asset amounting to TL 870 and deferred tax liability amounting to TL 4.104 as of September 30, 2026 reflected in the consolidated financial statements after the deferred tax assets and liabilities of each entity in consolidation has been netted off in their standalone financial statements as per TAS 12 ( December 31, 2025 - TL 554 deferred tax asset and TL 4.056 deferred tax liability).
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 64 - 1.15. Movement schedule of assets held for sale and discontinued operations: Current Period Prior Period Net book value at the beginning of the period 2.330 619 Additions (1) 2.777 1.837 Transfers (2) 3.628 - Disposals (-), net 202 137 Impairment reversal - 1 Impairment (-) - - Translation differences 16 10 Net book value at the end of the period 8.549 2.330 (1) In current period, the carrying value of assets held for sale with a right of repurchase is TL 1. 146 (December 31, 2025 – TL 1.111). The total net carrying value of assets held for sale with a right of repurchase is TL 2.606 (December 31, 2025 – TL 1.404). (2) Yapı Kredi Portföy Yönetimi A.Ş. has been classified as discontinued operations as of July 29, 2026. A share purchase agreement has been signed with AZ International Holding S.A., a company within in the Azimut Group, for the sale of 12,65% of the Bank shares and 87, 32% of the shares of Yapı Kredi Portföy Yönetimi A.Ş . Regarding to the agreement, the purchase consideration for the share transfer, which is subject to various conditions, is approximately TL 16.392, excluding adjustments for cash and cash equivalents as of the closing date and long-term performance-based payments. In the statement of financial position as of September 30, 2026, the consolidated assets and liabilities of Yapı Kredi Portföy have been reclassified under the line items “Discontinued operations ”, respectively in accordance with TFRS 5 – “Non-current Assets Held for Sale and Discontinued Operations”. The income and expenses related to these asset groups have been classified under the line items “Income and expense from discontinued operations” in the consolidated statement of profit or loss. The prior period consolidated statement of profit or loss as of September 30, 2025 has also been restated and comparative information is presented below. September 30, 2025 Published Adjustments Restated Interest income 446.266 (598) 445.668 Interest expense (-) 336.891 (1) 336.890 Net interest income/expense (I - II) 109.375 (597) 108.778 Net fees and commission income/expenses 84.171 (1.823) 82.348 Dividend income 334 - 334 Trading profit/loss (Net) (39.557) - (39.557) Other operating income 17.805 (9) 17.796 Gross profit from operating activities (III+IV-V+VI+VII) 172.128 (2.429) 169.699 Allowance for expected credit losses (-) 39.587 - 39.587 Other provision expenses (-) 108 - 108 Personnel expenses (-) 31.539 (251) 31.288 Other operating expenses (-) 55.197 (110) 55.087 Net operating profit/loss (VIII-IX-X-XI-XII) 45.697 (2.068) 43.629 Profit/loss from equity method applied subsidiaries 1.342 - 1.342 Profit/loss before tax from continuing operations (XIII+...+XVI) 47.039 (2.068) 44.971 Provision for taxes on income from continuing operations (±) 9.227 (507) 8.720 Net profit/loss from continuing operations (XVII±XVIII) 37.812 (1.561) 36.251 Income from discontinued operations - 2.402 2.402 Expenses from discontinued operations (-) - 334 334 Profit/loss before taxes from discontinued operations (XX-XXI) - 2.068 2.068 Tax provision for discontinued operations (±) - 507 507 Net profit/loss from discontinued operations (XXII±XXIII) - 1.561 1.561 Net profit/loss 37.812 - 37.812 1.16. Information regarding other assets: As of September 30, 2026, other assets do not exceed 10% of the total assets.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 65 - 2. Explanations and notes related to consolidated liabilities: 2.1. Information on deposits: 2.1.1. Information on maturity structure of deposits/collected funds: Current Period Demand Up to 1 month 1-3 Month 3-6 Month 6 Month-1 Year 1 Year and over Accumulative savings account Total Saving deposits 238.145 61.989 391.013 111.036 506 438 - 803.127 Foreign currency deposits 370.373 103.004 126.684 26.727 36.830 23.339 - 686.957 Residents in Türkiye 313.369 79.942 113.310 11.859 10.231 2.219 - 530.930 Residents abroad 57.004 23.062 13.374 14.868 26.599 21.120 - 156.027 Public sector deposits 39.483 11 1.941 78 - - - 41.513 Commercial deposits 85.266 52.243 310.248 44.606 962 11.501 - 504.826 Other institutions deposits 2.653 3.241 24.223 5.143 3 1 - 35.264 Precious metals vault 300.407 - 20.765 - 2.342 179 - 323.693 Bank deposits 7.950 6.232 3.327 7.887 12.980 6.078 - 44.454 The CBRT 6.399 - - - - - - 6.399 Domestic banks 48 37 1.883 7.762 12.980 6.078 - 28.788 Foreign banks 1.323 6.195 1.444 125 - - - 9.087 Participation banks 180 - - - - - - 180 Other - - - - - - - - Total 1.044.277 226.720 878.201 195.477 53.623 41.536 - 2.439.834 Prior Period Demand Up to 1 month 1-3 Month 3-6 Month 6 Month-1 Year 1 Year and over Accumulative savings account Total Saving deposits 190.490 42.192 348.396 32.549 1.144 446 - 615.217 Foreign currency deposits 338.843 116.167 106.965 17.759 25.036 14.276 - 619.046 Residents in Türkiye 288.458 96.313 93.294 10.630 413 1.972 - 491.080 Residents abroad 50.385 19.854 13.671 7.129 24.623 12.304 - 127.966 Public sector deposits 24.261 37 709 44 - - - 25.051 Commercial deposits 73.979 51.284 235.577 14.783 1.429 1.012 - 378.064 Other institutions deposits 1.767 2.447 18.339 5.830 2 1 - 28.386 Precious metals vault 253.712 - 16.877 - 2.249 170 - 273.008 Bank deposits 1.406 3.070 2.586 4.143 5.244 3.922 - 20.371 The CBRT - - - - - - - - Domestic banks 353 1.722 1.351 3.606 5.230 3.915 - 16.177 Foreign banks 898 1.348 1.235 537 14 7 - 4.039 Participation banks 155 - - - - - - 155 Other - - - - - - - - Total 884.458 215.197 729.449 75.108 35.104 19.827 - 1.959.143
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 66 - 2.1.2. Information on deposits insurance: 2.1.2.1. Information on deposits under the guarantee of the deposits insurance fund and exceeding the limit of deposit insurance fund: Under the guarantee of deposit insurance Exceeding limit of the deposit insurance Saving deposits Current Period Prior Period Current Period Prior Period Deposits 437.406 344.838 340.349 253.046 Foreign currency saving deposits 157.714 138.986 147.081 132.074 Other deposits 145.084 114.249 142.502 126.575 Foreign branches’ deposits under foreign authorities’ insurance - - - - Off-shore banking regions’ deposits under foreign authorities’ insurance - - - - Under the guarantee of deposit insurance Exceeding limit of the deposit insurance Legal entities’ deposits Current Period Prior Period Current Period Prior Period Deposits 39.660 34.115 226.276 179.493 Foreign currency saving deposits 15.211 12.523 278.317 254.669 Other deposits 5.667 3.607 43.293 36.665 Foreign branches’ deposits under foreign authorities’ insurance - - - - Off-shore banking regions’ deposits under foreign authorities’ insurance - - - - 2.1.2.2. Deposits which are not under the guarantee of saving deposit insurance fund: Current Period Prior Period Foreign branches’ deposits and other accounts 10.903 5.880 Saving deposits and other accounts of controlling shareholders and deposits of their mother, father, spouse, children in care - - Saving deposits and other accounts of president and members of board of directors CEO and vice presidents and deposits of their mother, father, spouse, children in care 4.388 3.402 Saving deposits and other accounts in scope of the property holdings derived from crime defined in article 282 of Turkish criminal law no:5237 dated September 26, 2004 - - Saving deposits in deposit bank which is established in Türkiye in order to engage in off-shore banking activities solely - - 2.2. Information on trading derivative financial liabilities: 2.2.1. Negative differences table for derivative financial liabilities held for trading: Current Period Prior Period TL FC TL FC Forward transactions 4.383 435 4.296 965 Swap transactions 11.655 8.247 9.764 3.953 Futures transactions 34 - - - Options 196 1.440 152 462 Other - - - - Total 16.268 10.122 14.212 5.380 2.2.2. Negative differences table for derivative financial liabilities held for hedging: Current Period Prior Period TL FC TL FC Fair value hedges - - - - Cash flow hedges (1) 216 - 15 17 Hedges for investments made in foreign countries - - - - Total 216 - 15 17 (1) Explained in note 8 of section 4.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 67 - 2.3. Information on banks and other financial institutions: 2.3.1. Information on borrowings: Current Period Prior Period TL FC TL FC CBRT borrowings 1.710 - 1.023 - From domestic banks and institutions 28.974 17.432 28.026 16.013 From foreign banks, institutions and funds 48.917 375.617 68.575 298.472 Total 79.601 393.049 97.624 314.485 2.3.2. Information on maturity structure of borrowings: Current Period Prior Period TL FC TL FC Short-term 33.706 75.262 27.117 38.003 Medium and long-term 45.895 317.787 70.507 276.482 Total 79.601 393.049 97.624 314.485 2.3.3. Information on marketable securities issued: Current Period Prior Period TL FC TL FC Bills 72.852 16.610 28.031 - Asset backed securities (1) - 95.691 - 49.404 Bonds 21.545 246.878 14.887 206.706 Total 94.397 359.179 42.918 256.110 (1) The Group obtains borrowings via its structured entity, Diversified Payment Rights Finance Company, with future flow transactions which is founded on its future money transfers within its funding program. 2.3.4. Information on financial liabilities fair value through profit or loss: The Group classified some of its financial liabilities as the financial liabilities classified at fair value through profit/loss in order to eliminate the accounting mismatch at the initial recognition in accordance with TFRS 9. As of September 30, 2026, the total amount of financial liabilities classified as fair value through profit/loss is TL 74.843 (December 31, 2025 – TL 63.183) with an accrued interest expense of TL 49 (December 31, 2025 - TL 794 expense) and with a fair value difference of TL 816 recognized as an income (December 31, 2025 - TL 715 expense). On the other hand, the nominal amounts of the total return swaps and bond forwards which are closely related with the se financial liabilities as of September 30, 2026 are TL 74.812 (December 31, 2025 – TL 62.420) with a fair value differences amounting to TL 534 liability (December 31, 2025 – TL 237 asset). The mentioned total return swaps have 10 years maturity in weighted average. 2.4. Information on other liabilities: As of September 30, 2026, other liabilities do not exceed 10% of the total balance sheet commitments. 2.5. Information on lease payables: Current Period Prior Period Gross Net Gross Net Less than 1 year 3.770 2.405 2.731 1.762 Between 1-4 Years 8.682 5.525 5.481 3.546 More than 4 Years 5.642 3.725 3.440 2.244 Total 18.094 11.655 11.652 7.552
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 68 - 2.6. Information on provisions: 2.6.1. Information on provision for employee benefits: In accordance with Turkish Labour Law, the reserve for employment termination benefits is calculated as the present value of the probable future obligation in case of the retirement of employees. “TAS 19 - Employee Benefit s” necessitates actuarial valuation methods to calculate the liabilities of enterprises. The following actuarial assumptions were used in the calculation of total liabilities: Current Period Prior Period Discount rate (%) 3,65 3,65 Possibility of being eligible for retirement (%) 93,95 93,95 The principal actuarial assumption is that the maximum liability will increase in line with inflation. Thus, the discount rate applied represents the expected real rate after adjusting for the effects of future inflation. As the annual ceiling is revised s emi-annually, the ceiling of full TL 73.729,87 effective from July 1, 2026 has been taken into consideration in calculating the provision for employee benefit. Movement of employment termination benefits liability in the balance sheet: Current Period Prior Period Balance at the beginning of the period 4.172 2.910 Changes during the period 595 549 Recognized in equity 517 986 Paid during the period (378) (273) Balance at the end of the period 4.906 4.172 In addition, the Group has accounted for unused vacation provision amounting to TL 1.923 as of September 30, 2026 (December 31, 2025 – TL 1.854). 2.6.2. Information on provisions related with the foreign currency difference of foreign currency indexed loans: None (December 31, 2025 – None). 2.6.3. Information on other provisions: Current Period Prior Period Pension fund provision 13.354 13.354 Provisions on non-funded non cash loans 578 1.316 General provisions on non-cash loans 1.095 1.112 Provision for lawsuits 473 466 Provisions for credit cards and promotion campaigns related to banking services 333 366 Other 6.081 3.982 Total 21.914 20.596
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 69 - 2.7. Explanations on tax liability: 2.7.1. Information on taxes payable: Current Period Prior Period Corporate tax payable 956 1.139 Banking insurance transaction tax 6.303 5.416 Taxation of marketable securities income 8.448 6.342 Foreign exchange transaction tax 82 96 Value added tax payable 195 303 Property tax 37 27 Other 1.092 1.444 Total 17.113 14.767 2.7.2. Information on premium payables: Current Period Prior Period Social security premiums - employee 10 8 Social security premiums - employer 16 12 Bank pension fund premiums - employee 386 292 Bank pension fund premiums - employer 576 420 Pension fund deposit and provisions - employee - - Pension fund deposit and provisions - employer - - Unemployment insurance - employee 28 21 Unemployment insurance - employer 56 42 Other - - Total 1.072 795 2.8. Information on liabilities of disposal groups classified as held for sale and discontinued operations: In the statement of financial position dated September 30, 2026, the consolidated liabilities of Yapı Kredi Portföy have been classified under the line items of “Liabilities for assets held for sale and discontinued operations ” in accordance with TFRS 5 – “Non-current Assets Held for Sale and Discontinued Operations” standard. As of September 30, 2026, there are liabilities of amounting to TL 56 6 – related to discontinued operations (December 31, 2025 – None). 2.9. Information on subordinated debt(1): Current Period Prior Period TL FC TL FC Debt instruments to be included in additional capital calculation - 79.789 - 48.838 Subordinated loans - - - - Subordinated debt - 79.789 - 48.838 Debt instruments to be included in contribution capital calculation 1.025 69.942 1.081 72.698 Subordinated loans - - - - Subordinated debt 1.025 69.942 1.081 72.698 Total 1.025 149.731 1.081 121.536 (1) Subordinated loans are explained in detail in the note “Information on debt instruments included in the calculation of equity” in section four . 2.10. Information on shareholders’ equity: 2.10.1. Presentation of paid-in capital: Current Period Prior Period Common shares 8.447 8.447 Preferred shares - - 2.10.2. Amount of paid-in capital, disclosure of whether the Bank’s registered capital system is applied and if applied registered capital ceiling: Capital System Paid-In Capital Registered Share Capital Ceiling Registered Capital System 8.447 15.000
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 70 - 2.10.3. Information on the share capital increases during the period and the sources: None (December 31, 2025– None). 2.10.4. Information on transfers from capital reserves to capital during the current period: None (December 31, 2025 - None). 2.10.5. Information on capital commitments, until the end of the fiscal year and the subsequent interim period: None (December 31, 2025 - None). 2.10.6. Information on prior period’s indicators on the Group’s income, profitability and liquidity, and possible effects of these future assumptions on the Bank’s equity due to uncertainties of these indicators: The interest, liquidity, and foreign exchange risk related to on- balance sheet and off -balance sheet assets and liabilities are managed by the Parent Bank within several risk and legal limits. 2.10.7. Privileges on the corporate stock: None (December 31, 2025 - None). 2.10.8. Information on value increase fund of marketable securities: Current Period Prior Period TL FC TL FC From investments in associates, subsidiaries, and joint ventures 39 42.091 56 36.496 Revaluation difference 39 110 56 112 Foreign currency difference - 41.981 - 36.384 Financial assets at fair value through other comprehensive income(1) (15.587) (1.825) (9.375) 323 Revaluation difference (15.587) (1.825) (9.375) 323 Foreign currency differences - - - - Total (15.548) 40.266 (9.319) 36.819 (1) Includes tax effect related to foreign currency valuation differences in TL column. 2.10.9. Information on minority interest: Current Period Prior Period Opening balance 7 5 Current period income/(loss) 1 3 Dividends paid (1) (1) Transactions with minority shareholders (5) - Closing balance 2 7 2.10.10. Information on profit distribution: In accordance with the decision taken at the Ordinary General Assembly Meeting dated March 12, 2026, the net profit for the year 2025 amounting to TL 47.090 has been allocated as follows; the real estate sale profit amounting to TL 239 was transferred to capital reserves in accordance with Article 5, Clause 1/e of the Corporate Tax Law No. 5520, TL 38 was transferred to profit reserves in accordance with Article 3/14 of Law No. 5746 on the supporting of research, development, and design activities and the remaining TL 46.813 was transferred to extraordinary reserves.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 71 - 3. Explanations and notes related to consolidated off-balance sheet accounts 3.1. Information on off balance sheet commitments: 3.1.1. The amount and type of irrevocable commitments: Current Period Prior Period Commitments on credit card limits 1.237.412 1.567.909 Asset purchase and sale commitments 373.339 483.664 Loan granting commitments 258.542 219.186 Commitments for cheques 24.498 17.128 Other irrevocable commitments 313.272 525.754 Total 2.207.063 2.813.641 3.1.2. Type and amount of probable losses and obligations arising from off-balance sheet items: Obligations arising from off-balance sheet are disclosed in “Off -balance sheet commitments”. The Group set aside general provision for its non- cash loans amounting to TL 1.095 (December 31, 2025 - TL 1.112) and specific provision amounting to TL 8.754 (December 31, 2025 - TL 8.199) for non-cash loans which are not indemnified yet amounting to TL 578 (December 31, 2025 - TL 1.316). 3.1.2.1. Non-cash loans including guarantees, bank acceptance loans, collaterals that are accepted as financial guarantees and other letter of credits: Current Period Prior Period Bank acceptance loans 2.578 3.401 Letter of credits 149.260 109.239 Other guarantees and collaterals 74.534 60.577 Total 226.372 173.217 3.1.2.2. Guarantees, suretyships and other similar transactions: Current Period Prior Period Temporary letter of guarantees 15.693 15.950 Definite letter of guarantees 400.064 325.325 Advance letter of guarantees 76.386 65.020 Letter of guarantees given to customs 15.621 14.924 Other letter of guarantees 201.465 179.512 Total 709.229 600.731 3.1.3. Information on non-cash loans: 3.1.3.1. Total amount of non-cash loans: Current Period Prior Period Non-cash loans given against cash loans 199.549 179.202 With original maturity of 1 year or less than 1 year 33.182 31.990 With original maturity of more than 1 year 166.367 147.212 Other non-cash loans 736.052 594.746 Total 935.601 773.948 3.2. Information on contingent liabilities and assets: The Group has recorded a provision of TL 473 (December 31, 2025 – TL 466) for litigations against the Group and has accounted for it in accompanying consolidated the financial statements under the “Other provisions” account. Except for the claims where provisions are recorded, management considers as remote the probability of a negative result in ongoing litigations and therefore does not foresee any cash outflows for such claim. 3.3. Information on services on behalf of others: The Bank’s activities such as intermediation and custody to serve the investment needs of customers are followed up under off balance sheet accounts.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 72 - 4. Explanations and notes related to consolidated income statement: 4.1. Information on interest income: 4.1.1. Information on interest income on loans: Current Period Prior Period TL FC TL FC Short-term loans(1) 173.312 15.528 147.298 12.301 Medium and long-term loans(1) 139.781 28.269 97.559 21.346 Interest on loans under follow-up 16.349 - 12.931 - Premiums received from resource utilisation support fund - - - - Total 329.442 43.797 257.788 33.647 (1) Includes fees and commissions received for cash loans . 4.1.2. Information on interest income on banks: Current Period Prior Period TL FC TL FC From the CBRT 14.266 33 10.687 - From domestic banks 14.250 1.465 4.424 1.232 From foreign banks 39 2.813 31 3.136 Headquarters and branches abroad - - - - Total 28.555 4.311 15.142 4.368 4.1.3. Information on interest income on marketable securities: Current Period Prior Period TL FC TL FC Financial assets measured at fair value through profit or loss - 160 - 114 Financial assets measured at fair value through other comprehensive income 35.835 1.862 28.784 2.002 Financial assets measured at amortised cost 49.728 5.184 45.312 4.742 Total 85.563 7.206 74.096 6.858 As of September 30, 2026, the valuation of related CPI-indexed government bonds has been calculated according to the annual inflation forecast of 30%. In case the CPI forecast increases or decreases by 1%, profit before taxes as of September 30, 2026 will be impacted by approximately TL 1.566. 4.1.4. Information on interest income received from associates and subsidiaries: Current Period Prior Period Interests received from associates and subsidiaries 422 668 Total 422 668 4.2. Information on interest expense: 4.2.1. Information on interest expense on borrowings: Current Period Prior Period TL FC TL FC Banks 29.438 13.091 20.146 11.081 The CBRT 242 - 99 - Domestic banks 7.936 849 4.627 672 Foreign banks 21.260 12.242 15.420 10.409 Headquarters and foreign branches - - - - Other institutions - 107 - 144 Total(1) 29.438 13.198 20.146 11.225 (1) Includes fees and commissions related to borrowings. 4.2.2. Information on interest expense to associates and subsidiaries: Current Period Prior Period Interests paid to associates and subsidiaries 568 116 Total 568 116
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 73 - 4.2.3. Information on interest expense to marketable securities issued: Current Period Prior Period TL FC TL FC Interest expense to marketable securities issued 19.387 26.534 3.920 19.315 Total 19.387 26.534 3.920 19.315 4.2.4. Information on interest expense on money market transactions: Current Period Prior Period TL FC TL FC Interest expense on money market transactions 35.312 252 63.165 197 Total 35.312 252 63.165 197 4.2.5. Maturity structure of the interest expense on deposits: Time Deposit Account name Demand deposit Up to 1 month Up to 3 months Up to 6 months Up to 1 Year More than 1 year Accumulating deposit Total Prior Period TL Bank deposits 232 838 26 - - - - 1.096 1.879 Saving deposits - 12.075 114.580 21.426 254 82 - 148.417 148.784 Public sector deposits - 20 352 99 - - - 471 146 Commercial deposits - 10.706 36.701 6.771 443 1.359 - 55.980 39.786 Other deposits - 1.632 43.081 1.677 4 - - 46.394 22.287 Deposits with 7 days notification - - - - - - - - - Total 232 25.271 194.740 29.973 701 1.441 - 252.358 212.882 FC Foreign currency deposits 124 1.646 1.626 904 898 553 - 5.751 4.445 Bank deposits 144 183 28 3 - - - 358 258 Deposits with 7 days notification - - - - - - - - - Precious metal vault - - 35 - 1 - - 36 23 Total 268 1.829 1.689 907 899 553 - 6.145 4.726 Grand total 500 27.100 196.429 30.880 1.600 1.994 - 258.503 217.608 4.3. Information on trading profit/loss (net): Current Period Prior Period Profit 510.561 236.347 Gain from capital market transactions 5.015 4.096 Derivative financial transaction gains 162.292 132.671 Foreign exchange gains 343.254 99.580 Loss (-) 587.298 275.904 Loss from capital market transactions 273 67 Derivative financial transaction losses 217.609 128.899 Foreign exchange loss 369.416 146.938 Net trading profit/loss (76.737) (39.557) The net gain resulting from the foreign exchange differences related to derivative financial transactions is TL 43.716 (September 30, 2025 – TL 60.921 gain).
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 74 - 4.4. Allowance for expected credit losses and other provisions: Current Period Prior Period Allowance for expected credit losses 57.953 39.587 12-month expected credit losses (Stage 1) 6.224 5.283 Significant increase in credit risk (Stage 2) 8.419 10.063 Non-performing loans (Stage 3) 43.310 24.241 Impairment provisions for financial assets - - Financial assets measured at fair value through profit or loss - - Financial assets measured at fair value through other comprehensive income - - Impairment provisions related to investments in associates, subsidiaries and joint ventures - - Associates - - Subsidiaries - - Joint ventures - - Other 1.310 108 Total 59.263 39.695 4.5. Information on other operating income: “Other Operating Income” in the statement of profit or loss mainly includes collections from receivables for which expected credit losses and income from reversal of provisions have been allocated in prior periods . 4.6. Information related to other operating expenses: Current Period Prior Period Provision for employee benefit 591 383 Provision expense for pension fund - - Impairment losses of property and equipment - - Depreciation expenses of property and equipment 3.508 2.500 Impairment losses of intangible assets - - Goodwill impairment losses - - Amortization expenses of intangible assets 1.023 708 Impairment losses of equity participations for which equity method is applied - - Impairment losses of assets held for sale - - Depreciation expenses of assets held for sale - - Impairment losses of fixed assets held for sale and discontinued operations - - Other operating expenses 53.818 40.455 TFRS 16 exempt lease expenses 490 382 Repair and maintenance expenses 1.585 1.263 Advertising expenses 1.068 985 Other expense 50.675 37.825 Loss on sales of assets - 8 Other 14.440 11.033 Total 73.380 55.087 4.7. Information on profit/loss before taxes from continuing operations and discontinued operations: The profit before tax includes TL 183.073 (September 30, 2025 – TL 108.778) of net interest income, TL 98.268 (September 30, 2025 – TL 82.348) of net fees and commissions income, TL 42.073 personnel expenses (September 30, 2025 – TL 31.288) and other operating expense amounting to TL 73.380 (September 30, 2025 - TL 55.087). As of September 30, 2026, the Group has profit before taxes from discontinued operations amounting to TL 3.161 (September 30, 2025 – TL 2.068).
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 75 - 4.8. Provision for taxes on income from continuing operations and discontinued operations: As of September 30, 2026, the Group has current tax expense amounting to TL 9.288 (September 30, 2025 – TL 3.780 expense) and deferred tax expense amounting to TL 5.488 (September 30, 2025 – TL 4.940 expense). As of September 30, 2026, the Group has current tax expense amounting to TL 892 (September 30,2025 – TL 545) and deferred tax income amounting to TL 26 related to discontinued operations (September 30, 2025 – TL 38 deferred tax income). 4.9. Information on net profit/loss for the period: 4.9.1. The characteristics, dimension and recurrence of income or expense items arising from ordinary banking transactions do not require any additional explanation to understand the Group’s current period performance. 4.9.2. The effect of the change in an estimate of financial statement items to profit / loss is not likely to affect subsequent periods. 4.10. Profit/loss of minority interest: Current Period Prior Period Profit/(loss) of minority interest 1 2 4.11. Other items in statement of profit or loss: “Other fees and commissions received” and “Other fees and commissions paid” in profit or loss mainly include commissions and fees related to credit cards and banking transactions.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 76 - 5. Explanations and notes related to Group’s risk group: 5.1. The volume of transactions relating to the Group’s risk group, outstanding loan and deposit transactions and profit or loss of the period: 5.1.1. Information on loans of the Group’s risk group: Current Period Associates, subsidiaries and joint ventures Direct and indirect shareholders of the Group Other real and legal persons that have been included in the risk group Group’s risk group (1) (2) Cash Non-cash Cash Non-cash Cash Non-cash Loans Balance at the beginning of the period 1.659 1.008 21 466 28.823 39.988 Balance at the end of the period 1.623 3.266 17 636 40.677 41.889 Interest and commission income received 422 - 1 2 6.980 146 Prior Period Associates, subsidiaries and joint ventures Direct and indirect shareholders of the Group Other real and legal persons that have been included in the risk group Group’s risk group (1) (2) Cash Non-cash Cash Non-cash Cash Non-cash Loans Balance at the beginning of the period 1.050 38 20 629 19.193 24.549 Balance at the end of the period 1.659 1.008 21 466 28.823 39.988 Interest and commission income received(3) 668 - 2 1 3.878 115 (1) Defined in subsection 2 of the 49th article of Banking Act No. 5411. (2) The information in table above includes marketable securities and due from banks as well as loans. (3) Prior period presents profit / loss information of September 30, 2025. 5.1.2. Information on deposits of the Group’s risk group: Group’s risk group (1) (2) Associates, subsidiaries and joint ventures Direct and indirect shareholders of the Bank Other real and legal persons that have been included in the risk group Deposit Current Period Prior Period Current Period Prior Period Current Period Prior Period Beginning of the period 2.565 991 65.400 47.748 184.153 139.530 End of the period 1.603 2.565 111.575 65.400 276.688 184.153 Interest expense on deposits(3) 568 116 13.443 7.442 11.269 7.663 (1) Defined in subsection 2 of the 49th article of the Banking Act No. 5411. (2) The information in table above includes borrowings and repo transactions as well as deposits. (3) Prior period presents profit / loss information of September 30, 2025. 5.1.3. Information on forward and option agreements and other derivative instruments with the Group’s risk group: Group’s risk group (1) Associates, subsidiaries and joint ventures Direct and indirect shareholders of the Bank Other real and legal persons that have been included in the risk group Current Period Prior Period Current Period Prior Period Current Period Prior Period Transactions at fair value through profit or loss Beginning of the period(2) - - 272 - 24.618 12.693 End of the period(2) - - 671 272 7.211 24.618 Total profit / loss(3) 14 10 18 10 1.452 2.065 Transactions for hedging purposes Beginning of the period(2) - - - - - - End of the period(2) - - - - - - Total profit / loss(3) - - - - - - (1) Defined in subsection 2 of the 49th article of the Banking Act No. 5411. (2) The balances at the beginning and end of the periods are disclosed as the total of buy and sell amounts of derivative financial instruments. (2) Prior period presents profit / loss information of September 30, 2025. 5.2. Information regarding benefits provided to the Group’s top management: The gross total of salaries and benefits paid to the Group’s top management amount to TL 569 as of September 30, 2026 (September 30, 2025 – TL 267). 6. Explanations and notes related to subsequent events : None.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 77 - Section six- Explanations on independent auditor’s review report 1. Explanations on independent auditor’s review report The consolidated financial statements for the period ended September 30, 2026 have been reviewed by Güney Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş . The independent auditor’s review report dated September 30, 2026 is presented preceding the consolidated financial statements. 2. Explanations and notes prepared by independent auditor None.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 78 - Section Seven(1) Interim activity report 1. Explanations on interim activity report 1.1. Message from Yapı Kredi’s Board of Directors Chairman Ali Y. Koç: We have concluded the nine months of 2026, a period during which the global economy was shaped by geopolitical tensions, protectionist trade measures and financial market volatility. Geopolitical risks centered in the Middle East and developments in energy markets continued to put upward pressure on global inflation, while the tight monetary stance of major developed market central banks and expectations regarding the future path of interest rates remained key drivers of market dynamics. Despite ongoing global uncertainties, the Turkish economy maintained its stability during the nine months of the year, supported by sound economic fundamentals, decisive monetary policy measures and a resilient financial infrastructure. While macroprudential measures supporting the disinflation process were continued, the banking sector maintained its critical role in meeting the financing needs of the real sector. During the nine months of 2026, the Turkish banking sector continued to manage operations, backed by its strong capital base, substantial liquidity buffers and effective risk management practices. While maintaining balanced growth in loans and deposits, the sector reaffirmed its sound asset quality and capital adequacy, remaining above international standards. Total sector loans expanded by 24% since the beginning of the year, reaching TL 26, 6 trillion, primarily driven by growth in TL-denominated loans. Total customer deposits increased by 20% to TL 28,9 trillion. The banking sector also maintained its strong capital position, with the capital adequacy ratio standing at 16,0% and the liquidity coverage ratio at 133% as of August 2026, well above regulatory requirements. Against this challenging backdrop, Yapı Kredi remained firmly committed to its customer -centric strategy, continuing its operations with determination and expanding its customer base to over 18 million. While prioritizing investments in digital transformation, our Bank further reinforced its leading position in the sector by rapidly adapting to changing market conditions, supported by its commitment to seamless customer experience and sustainable profitability. With its strong corporate governance and global achievements in sustainability, Yapı Kredi continued to support the Turkish economy and its customers while remaining committed to its growth targets. During the nine months of 2026, our Bank increased its total cash loan portfolio to approximately TL 2, 2 trillion. Maintaining its strong liquidity position, the Bank recorded a return on tangible equity of 20, 6%. As a testament to its robust financial position, our Bank has achieved a milestone in portfolio management by reaching an agreement to sell Yapı Kredi Portföy to the international asset management group Azimut and establish a 15-year distribution and strategic partnership. This agreement will bring together Yapı Kredi's strong customer base, extensive distribution network with digital capabilities with Azimut's international investment expertise, product development capabilities and entrepreneurial asset management platforms. By combining Yapı Kredi's strong brand value, established customer relationships and nationwide distribution network with Azimut's global investment expertise, product innovation and global portfolio management resources will enable our customers to benefit from opportunities offered by international markets. I would like to take this opportunity to express my deepest gratitude to our customers and valued shareholders for their enduring trust and support, and all our employees and their families for their exceptional dedication and hard work. Ali Y. Koç Chairman of the Board (1) Unless otherwise stated, all figures in the section seven are expressed in full TL.
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 79 - 1.2. Message from Yapı Kredi’s CEO Gökhan Erün: During the nine months of 2026, the global economy was shaped by a range of factors, including geopolitical tensions centered in the Middle East, fluctuations in energy prices, uncertainties surrounding the inflation outlook, and growth dynamics supported by investments in artificial intelligence. In particular, developments involving the U.S. and Iran, alongside risks to energy supply, put upward pressure on oil and natural gas prices, while heightening uncertainties regarding supply chains and international trade. Although global economic activity remained resilient, supported by AI -focused investments and robust demand in certain economies, rising energy costs and tightening financial conditions intensified downside risks to the growth outlook. The resurgence of energy- driven inflationary pressures prompted major central banks, most notably the U.S. Fed and the European Central Bank, to adopt a more cautious and tight monetary policy stance; consequently, striking a balance between global growth and price stability remained a key agenda item for the remainder of the year. Against this challenging external backdrop, the Turkish economy continued its disinflation process while facing external cost pressures and a more moderate growth outlook. The 2,3% year-on-year growth recorded in the second quarter, alongside weak industrial production, reflected the impact of tight financial conditions and the rebalancing of domestic demand on economic activity. While annual consumer inflation declined to 29, 7% in September, signaling continued progress in disinflation, rising energy and c ommodity prices, higher transportation costs, and persistent inflation expectations continued to pose risks to price stability. During this period, the Central Bank of the Republic of Türkiye (CBRT) maintained its tight monetary policy stance, in line with its objective of ensuring price stability and supporting a sustained decline in inflation. To mitigate the impact of the war, t he Central Bank of the Republic of Türkiye (CBRT) raised market interest rate to 40%, before bringing its funding rate back to the policy rate of 37% in August 2026, following the improvement of the inflation trend. Against a backdrop of fluctuations in energy prices and uncertainties surrounding the inflation outlook, monetary policy decisions continued to be guided by a data -driven and cautious approach. Meanwhile, practices aimed at enhancing the effectiveness of macroprudential measures and monetary pol icy continued to play an important role. For the disinflation process to become sustainable, maintaining a tight monetary policy stance, ensuring coordination with fiscal policy, improving inflation expectations, and achieving a normalization in pricing behavior remain critical. As Yapı Kredi, our support for the Turkish economy through cash and non- cash loans increased by 21% year -to- date, reaching TL 3,2 trillion. During the same period, TL cash loans increased by 22% while TL customer deposits increased by 32%. The Bank’s return on tangible equity realized at 20,6%, whereas its return on assets stood at 1,4%. On the capital front, the consolidated capital adequacy ratio stood at approximately 14, 1%, comfortably above the regulatory requirements. In the third quarter of the year, our Bank completed its Diversified Payment Rights (DPR) transaction of approximately USD 410 million, with maturities of 10 and 12 years and the participation of two different investors. Consequently, the total funding secured over the past year reached approximately USD 5,21 billion. Meanwhile, the total outstanding amount of our sustainable debt transactions reached USD 1,83 billion. At Yapı Kredi, continuing pioneer innovative initiatives in the sector, the Bank has entered a first -of-its-kind strategic partnership in Türkiye's asset management sector. An agreement has been reached to sell Yapı Kredi Portföy to the international asset management group Azimut and establish a 15 year distribution and strategic partnership. Beyond Yapı Kredi's organic growth potential, this agreement also demonstrates our determination to become a leading player in wealth management. This collaboration, r epresenting a significant step forward in our wealth management strategy, will further strengthen our leading position in the sector while creating differentiated value for our customers. I would like to take this opportunity to thank all our customers who carry our Bank into the future, our shareholders for their continued trust and support, our employees for their valuable contributions, and all our stakeholders. Gökhan Erün CEO
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 80 - 1.3. Overview of Financial Performance: On November 3, 2026, Yapı Kredi announced its consolidated results for the nine months of 2026, based on Banking Regulation and Supervision Agency (BRSA) Accounting and Reporting Legislation. The Bank’s cash and non-cash loans reached to TL 3 ,2 trillion while total customer deposits reached to TL 2 ,4 trillion. The Bank’s net income stood at TL 41,7 billion, indicating a return on average tangible equity of 20,6%. Maintaining solid financial fundamentals and controlled growth In the first nine months of 2026, the Bank increased its Turkish Lira cash loans by 22% and foreign currency loans by 5%, in US dollar terms, compared to the end of 2025. As a result, total performing loans reached to TL 2,2 trillion. During the same period, the Bank’s Turkish Lira customer deposits increased by 32% when foreign currency customer deposits came down a limited 1% in US dollar terms. All incorporated, total customer deposits reached TL 2,4 trillion, as of the first nine months of 2026. Equally important, supported by the continued focus on small ticket deposits, TL customer demand deposits rose by 26%, reaching to 26% share in total TL deposits. On liquidity front, the Bank’s total and foreign currency liquidity coverage ratios realized at 131% and 472%, respectively. Prudent and conservative asset quality approach As of the first nine months of 2026, Yapı Kredi’s non-performing loan ratio realized as 4,2%. In the first nine months of 2026, Yapı Kredi maintained its prudency in provisioning. Accordingly, provisions to gross loans ratio realized at 3,7% when net cost of risk (adjusted for hedged foreign currency impact) materialized at 214 basis points in the first nine months of 2026. Capital Ratios In the first nine months of 2026, the capital ratios continued to remain above regulatory levels and consolidated Capital Adequacy Ratio and Tier-1 ratio realized at 14,1% and 11,7%, respectively. Solid revenue performance supporting the bottom-line In the first nine months of the year, Yapı Kredi recorded TL 181. 710 million of core banking revenues. Unconsolidated swap- adjusted NIM widened by 58 basis points over 2025- end to 2 ,82% supported by the agile asset-liability management as well as the improvement in deposit costs. Net fees and commissions income, on the other hand, increased by 19% year -over-year in the first nine months of 2026 reaching to TL 98.268 million. Operating costs increased by 34% during the same periods, respectively, and stood at TL 115.453 million in the first nine months of the year. As a result, fee coverage of operating costs ratio realized at 85%. All in all, the Bank achieved a net income of TL 41.676 million and increased its return on average tangible equity to 20,6% in the first nine months of the year. 1.4. Summary of Consolidated Financials TL million Current Period Prior Period Total Assets 4.404.287 3.522.932 Performing Loans 2.216.999 1.827.083 Customer Deposits 2.395.380 1.938.771 Shareholder's Equity 296.214 255.617 Loans/Assets 50% 52% Deposits/Assets 55% 56% NPL 4,2% 3,6% CAR 14,1% 16,7% TL million Current Period Prior Period Net Profit 41.676 37.812 Return on Average Tangible Equity 20,6% 23,7%
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(Convenience translation of publicly announced consolidated interim financial statements and review report originally issued i n Turkish) Yapı ve Kredi Bankası A.Ş. Notes to consolidated financial statements as of September 30, 2026 (Unless otherwise stated amounts are expressed in millions of Turkish Lira (“TL”)) - 81 - 1.5. Important Developments and Transactions Affecting the Bank’s Financial Performance: On July 29, 2026, Yapı Kredi executed future flow transactions under its Diversified Payment Rights (DPR) programme, total amounting to USD 410 million, with the participation of two different investors. 1.6. Current Trends and Expectations for the Upcoming Period: As of the first nine months of 2026, Yapı Kredi maintained its year-end guidance. 2026 Yapı Kredi Expectations: Loans: 30% growth in Turkish Lira loans, low-single digit growth in foreign currency loans Net Interest Margin (including swap costs): Greater than or equal to 100 basis points improvement Fees: Growth in line with inflation rate Costs: Less than or equal to 35% increase Cost of Risk: Between 150-175 basis points Return on Tangible Equity: High-mid twenties