Raiffeisen Bank International Ag · VIE:RBI
Raiffeisen Bank International — Shareholder Meeting (April 2024)
30 slides from Raiffeisen Bank International's shareholder meeting presentation, Apr 4, 2024
Slide 1: Raiffeisen Bank International Annual General Meeting
Raiffeisen Bank International Annual General Meeting 4 April 2024 Raiffeisen Bank International | Member of RBI Group Confidential and proprietary Any use of this material without specific permission of Raiffeisen Bank International is strictly prohibited.
Slide 2: Welcome
Welcome Erwin Hameseder Chairman of the Supervisory Board 4 April 2024
Slide 3: Supervisory Board Report
Supervisory Board Report Erwin Hameseder Chairman of the Supervisory Board 4 April 2024
Slide 4: Management Board Report
Management Board Report Johann Strobl CEO 4 April 2024
Slide 5: 2023 Executive Summary
2023 Executive Summary RBI Consolidated profit Consolidated RoE CET1 ratio Group 1-12/2023 1-12/2023 31/12/2023, transitional, incl. results EUR 2,386 mn 14.8% 17.3% -34% y-o-y -12 pp y-o-y +1.3 pp y-o-y Adjusted: Consolidated profit Consolidated RoE CET1 ratio EUR 997 mn 7.6% 14.6% +1% y-o-y -1.1 p
Slide 6: 2023 Executive Summary
2023 Executive Summary RBI Loans to customers Core revenues Opex and Cost/Income Ratio Group 31/12/2023 1-12/2023, in EUR mn 1-12/2023 5,683 EUR 99,434 mn 3,042 EUR 3,908 mn 43.1% -4% y-o-y +12% -22% y-o-y +10% y-o-y +7 pp Net interest Net fee & income commission income Adjusted: Loans to customers
Slide 7: Strong Operating Trends in the Core Group
Strong Operating Trends in the Core Group In 2023 operating income and operating result excl. Russia / Belarus again surpassed previous results of the Group incl. Russia / Belarus Core Group RBI Group excluding Russia / Belarus including Russia / Belarus Operating income 6,224 5,583 5,570 5,544 in E
Slide 8: Core Revenue Trends
Core Revenue Trends Net interest income 1 392 1 462 1 441 1 494 in EUR mn 1 385 1 364 1 214 Group 986 Excluding Russia/ Belarus: 1 123 Core 878 1 000 997 1 039 1 123 Excluding Russia/ 741 781 + 12% Belarus y-o-y 2022 2023 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Net fee and commission income in EUR mn 1 117 1 196 96
Slide 9: Loans and Deposits to/from Customers
Loans and Deposits to/from Customers Loans to customers Deposits from customers in EUR bn in EUR bn - 4% - 5% y-o-y y-o-y 103,2 105,3 101,8 125,1 124,8 101,9 120,6 121,2 Group 99,4 Group 119,4 Core Core Excluding 96,9 94,3 95,0 Excluding 93,9 92,8 103,1 102,2 101,2 103,7 103,0 Russia/ Belarus Russia
Slide 10: Strong CET1 Generation
Strong CET1 Generation Solid development of Group CET1 ratio and ratio at 14.6% with P/B zero deconsolidation scenario of Russia + 128 bps 17.3% RBI Group, y-o-y 16.0% 14.6% 14.0% 13.1% + 60 bps excl. Russia, y-o-y RBI Group CET1 ratio Excl. Russia at P/B Zero Deconsolidation Scenario Proposed divid
Slide 11: De-Risking in Russia
De-Risking in Russia 13,7 Loans to 9,0 customers -56% 7,1 6,0 Reducing business activity further in Russia last 6 EUR/USD: no new lending and run-off of quarters existing portfolio in EUR bn 30/06 31/12 30/06 31/12 2022 2022 2023 2023 Actively steering to reduce deposit volumes Trade and export fina
Slide 12: Risk Overview
Risk Overview 1-12/2023 31/12/2023 Risk cost NPE ratio/ coverage ratio Provisioning ratio Risk cost 34 bps EUR 393 mn 1.9% 51.7% including impairments -39 bps y-o-y on debt securities +28 bps -7.4 pp y-o-y y-o-y 26 bps excl. Russia / Belarus EUR 296 mn FY/2023 2023 risk costs in-line with guidance,
Slide 13: Inflation and Macro Outlook
Inflation and Macro Outlook Inflation & rates Inflation rate (CPI) CZ 10.7% (average, % y-o-y) Disinflation will slow vs. 2023 with some spikes in 11.1% 2.4% 2.3% 2023 2024f 2025f CPI expected throughout 2024. Government 3.3% 3.9% interventions still affect prices, while labor SK markets add upside
Slide 14: 2024 Guidance
2024 Guidance Core Group excluding Russia / Belarus RBI Group Core revenues around EUR 4.0 bn EUR ~1.8 bn around 6% around EUR 5.1 bn EUR ~2.7 bn around 5% & loan growth Net interest Net fee and Loans to Net interest Net fee and Loans to income commission income customers income commission income cu
Slide 15: Dividend Proposal of EUR 1.25 per Share
Dividend Proposal of EUR 1.25 per Share Proposal The Management Board decided to propose to the General Meeting of Shareholders the distribution of a dividend of EUR 1.25 per ordinary share entitled to dividend. Proposed dividend amount: EUR 1.25 Maximum distribution: EUR 411 mn 4 April 2024 15
Slide 16: Financial Calendar
Financial Calendar Group Investor Relations 9 April 2024 Ex-Dividend Date 10 April 2024 Record Date Dividend Raiffeisen Bank International AG 11 April 2024 Dividend Payment Date 24 April 2024 Start of Quiet Period Am Stadtpark 9 1030 Vienna 2 May 2024 First Quarter Report, Conference Call Austria 23
Slide 17: 1. Agenda item
1. Agenda item Presentation of the audited annual financial statements including the management report, the consolidated financial statements including the Group management report as of 31 Dec- ember 2023, and the proposal for appropriation of profits, the separate non-financial report, the report o
Slide 18: 2. Agenda item
2. Agenda item Resolution on the utilization of net profit, as shown in the annual financial statements as of 31 December 2023. 4 April 2024
Slide 19: 3. Agenda item
3. Agenda item Resolution on the report on the remuneration of members of the Management Board and the Supervisory Board in the 2023 financial year (Remuneration Report 2023). 4 April 2024
Slide 20: 4. Agenda item
4. Agenda item Resolution on the basic principles of remuneration (Remuneration Policy). 4 April 2024
Slide 21: 5. Agenda item
5. Agenda item Resolution on the release of the members of the Management Board from liability for the 2023 financial year. 4 April 2024
Slide 22: 6. Agenda item
6. Agenda item Resolution on the release of the members of the Supervisory Board from liability for the 2023 financial year. 4 April 2024
Slide 23: 7. Agenda item
7. Agenda item Election to the Supervisory Board. 4 April 2024
Slide 24: 8. Agenda item
8. Agenda item Resolution on the determination of remuneration for members of the Supervisory Board 4 April 2024
Slide 25: 9. Agenda item
9. Agenda item Appointment of an auditor for the sustainability reporting for the 2024 financial year. 4 April 2024
Slide 26: 10. Agenda item
10. Agenda item Appointment of the auditor (bank auditor) for the annual financial statements and consolidated financial statements and for sustainability reporting for the 2025 financial year. 4 April 2024
Slide 27: 11. Agenda item
11. Agenda item Resolution on the revocation of the authorization granted to the Management Board pursuant to sec. 169 of the Stock Corporation Act (authorized capital), and the creation of new authorized capital in return for contributions in cash and/or in kind with the possibility to exclude subs
Slide 28: 12. Agenda item
12. Agenda item Resolution on the authorization to acquire and, if applicable, redeem treasury shares in accordance with Section 65 para. 1 no. 8 and para. 1a and para. 1b of the Austrian Stock Corporation Act (AktG) in conjunction with the authorization of the Management Board, with the approval of
Slide 29: 13. Agenda item
13. Agenda item Resolution on the approval of the acquisition of treasury shares pursuant to Section 65 para. 1 no. 7 AktG for the purpose of securities trading. 4 April 2024
Slide 30: Disclaimer
Disclaimer Certain statements contained herein may be statements of future This presentation contains financial and non-financial information relating to investments falling within Article 19(5) of the Financial expectations and other forward-looking statements about Raiffeisen and statistical data
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