Oma Savings Bank Plc · OMXHEX:OMASP
Oma Savings Bank — Debt Investor Presentation (2026)
43 slides from Oma Savings Bank's debt investor presentation, 2026
Slide 1: Oma Savings Bank Credit Investor Presentation Q1 2026
Oma Savings Bank Credit Investor Presentation Q1 2026
Slide 2: Content Overview
Content Overview Oma Savings Bank Overview 3-14 Key Financials 15-21 Funding and Cover Pool 22-30 Operating Environment 31-34 Appendix 35-43 2
Slide 3: Oma Savings Bank Overview
Oma Savings Bank Overview omadp>
Slide 4: Solvent and profitable Finnish bank
Solvent and profitable Finnish bank • OmaSp is a widely operating bank in Finland with more than 145 years of history Liedon Säästöpankki • Mortgage credit bank operations started in 2017 • OmaSp was listed 2018 at the official list of Nasdaq Helsinki Handelsbanken’s SME-business • OmaSp has become
Slide 5: Local service across Finland
Local service across Finland • Expert advisory services delivered from your personal banker 48 • The nationwide branch network services provided in key growth and OmaSp branches regional centers • High customer satisfaction supported by high-quality, personal Digital services w ith the customer serv
Slide 6: Our strategy of growth is built on a shared direction and a strong foundation
Our strategy of growth is built on a shared direction and a strong foundation Purpose We grow responsibly and profitably by developing our way of delivering highly personal service to our selected target groups Finland’s most personal bank and by being an attractive investment. Customer promise We w
Slide 7: Q1 key points
Q1 key points Comparable Profit before taxes Net interest income • First quarter results in line with expectations €13.7 (4.6) million €35.8 (46.9) million • Cost growth continued at a declining curve as Operating expenses Comparable return on equity planned €29.0 (34.2) million 7.0% (2.5%) • Impa
Slide 8: Operating income weighed down by low market interest rates and reduction in loan portfolio
Operating income weighed down by low market interest rates and reduction in loan portfolio EUR 1,000 % 60 000 3,5 Q1 2026 50 913 3 50 000 €50.6m 46 880 44 016 40 223 2,5 40 000 37 518 35 774 2 30 000 1,5 Q1 2025 20 000 €60.1m 1 10 000 0,5 Net interest in come 0 0 Net fee and commission income Q4 202
Slide 9: Broad positive development in fee and commission income
Broad positive development in fee and commission income EUR 1,000 18 000 16 367 15 805 16 000 14 963 14 678 14 785 14 000 12 000 10 000 8 000 6 000 4 000 2 000 0 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 9
Slide 10: Continued decline in expenses thanks to determined efforts
Continued decline in expenses thanks to determined efforts Comparable operating expenses Number of employees EUR million -2.0 -0.3 700 2.3 634 2.1 620 0.7 600 9.9 11.1 500 Q1 2025 Q1 2026 400 €32.2m €28.6m 300 200 100 14.8 22.2 0 Q1 2025 Q1 2026 ◼ Personnel expenses ◼ Other operating costs ◼ Regulat
Slide 11: New lending grew – operating income weighed down by reduction in loan portfolio
New lending grew – operating income weighed down by reduction in loan portfolio EUR 1,000 7 000 000 6 398 396 6 032 533 5 859 914 5 824 600 6 000 000 5 000 000 4 778 869 21 % 4 000 000 3 000 000 2 000 000 1 000 000 0 31.12.2022 31.12.2023 31.12.2024 31.12.2025 31.3.2026 Q1 2026 Private customers SME
Slide 12: Financial targets for 2026–2029
Financial targets for 2026–2029 Target Realisation in Q1 Comparable Over 14% 7.0% ROE Comparable cost-to- Below 50% 57.5% income ratio Annual growth in fee and Over 10% 7.4% commission income NPS Above 50 40 (at end 2025) CET1 2 pp above regulatory requirement 18.5% (7.2 pp above target) 12
Slide 13: Dividend in accordance with dividend policy
Dividend in accordance with dividend policy 1.00€ 1,00 € • The Board decided that for the financial 0,90 € 0.33€ year 2025, an ordinary dividend of 0,80 € EUR 0.36 and an additional dividend 0,70 € of EUR 0.14 is paid for each share 0,60 € entitled to a dividend from 2025. 0.50€ 0.50€ 0,50 € 0.14€ 0
Slide 14: Outlook for 2026
Outlook for 2026 The company’s business outlook for the 2026 financial year is influenced by the overall condition of the housing market and the impact of market conditions, particularly on the investment appetite among SMEs. Due to declining market interest rates and changes in the loan portfolio,
Slide 15: Key Financials
Key Financials omadpp 15
Slide 16: Oma Savings Bank Group's key financials
Oma Savings Bank Group’s key financials Source: OmaSp. Non-audited figures for period ending 31 Mar 2026 16
Slide 17: Balance sheet total EUR 7.2 billion
Balance sheet total EUR 7.2 billion Total assets Total liabilities and equity EUR million EUR million 800 0 7,462 8 000 7,462 7,224 7,224 700 0 7 000 600 0 6 000 3 832 3 768 500 0 5 000 5733 5694 400 0 4 000 300 0 3 000 2 543 2 696 200 0 2 000 505 486 100 0 1 000 941 797 619 629 125 … 115 103 75 180
Slide 18: Customer and lending base
Customer and lending base Total loan portfolio by customer groups Non-Private customer loan portfolio distribution 18% 26% Real estate SME Agricult ure, Forest ry and Fishery Housing cooperative Construction Agriculture 11% 49% 3% Whole- and retail sales Other Indust ry 61% 5% 5% Other Private Custo
Slide 19: Asset quality
Asset quality Impairment losses on financial assets, net Changes in credit risk position during Q1 2026 EUR million 22,3 • The impairment losses on financial assets (net) decreased and were in total EUR -7.4 million. In the comparison period, impairment losses on financial assets amounted to EUR -22
Slide 20: Asset quality
Asset quality Non-Performing Exposures 10,0 % 9,3 % 9,0 % 8,4 % 8,6 % 8,9 % Non-performing loan growth stabilizing 8,0 % 7,7 % 7,0 % • Majority of the increase in the non-performing 6,0 % exposures balance was in private and SME customers 5,0 % group 4,0 % • Non-performing exposures were totaling at
Slide 21: Strong capital position
Strong capital position CET1 & Ratio Capital position 19.4% 20% 19.3% • Capital position is strong. The total capital (TC) ratio of Oma Savings Bank 18.3% 18.5% 15.6% increased and was 19.4% in March 2026. 16.5% 15.6% 14.4% 15.5% 14.9% 15% 14.9% • The current TC-% ratio requirement is 13.76%. 13.3%
Slide 22: Funding and Cover Pool
Funding and Cover Pool omadp> 22)
Slide 23: MREL requirement
MREL requirement MREL requirement and eligible assets Current and updated MREL requirement EUR million EUR million 6 000 1 000 • The current MREL requirement consists of a requirement based on overall risk 864 862 864 900 (9.5%) and a requirement based on the total amount of liabilities used in calc
Slide 24: Oma Savings Bank funding base
Oma Savings Bank funding base Funding highlights Q1 2026 Funding structure 0.3% 1.8% 4.5% Customer deposits • The bank’s deposit base remained stable during Q1. The Deposit Wholesale deposits base was EUR 3.8 billion and covers 58 % of the funding structure. Covered bonds Majority of the deposits ar
Slide 25: Liquidity management and investment portfolio
Liquidity management and investment portfolio Liquidity and investment portfolio Q1 2026 Liquidity (LCR & NSFR) LCR NSFR • The bank’s investment portfolio amounted to EUR 506 million. Majority of the 900% investments consist of LCR Level 1 assets and bonds that have minimum rating of Aa3 800% 700% 6
Slide 26: Rating – S&P's current view on OmaSp
Rating – S&P’s current view on OmaSp Rating criteria and impacts Quoted from S&P Strenghts Risks Anchor (Finnish a- • ”Even so, the clean-up process, coupled with a Identified risk banks) Robust risk-adjusted management and tricky macroeconomic backdrop in Finland, have capitalization gov ernance sh
Slide 27: Simple cover pool structure
Simple cover pool structure Structure and rating Transaction structure • Covered bonds are issued directly from OmaSp Balance Sheet and Mortgage the covered pool register separates the assets Mortgage loans Oma Savings Bank • One cover pool under the Finnish Covered Bond Act (151/2022) borrowers in
Slide 28: OmaSp cover pool characteristics
OmaSp cover pool characteristics Key charasteristics of the cover pool Loan size buckets €k Size of the pool EUR 2,700.08 million (nominal) Collateral type 100 % Finnish residential mortgages 20% 19% 18% Number of loans 35,930 13% 9% 9% Average loan size EUR 75,148 6% 6% WALTV total (indexed) 63.90%
Slide 29: Cover pool terms and structure
Cover pool terms and structure Collateral type Customer scoring • Regular and up to date credit scoring for customer credit class • The weakest classes are not cover pool applicable Customer loan • No arrears more than 30 days • Amortizing loans 99.11 % Flats; 34% • Loans in cover pool have repaymen
Slide 30: Geographic breakdown of cover pool 31 Mar 2026
Geographic breakdown of cover pool 31 Mar 2026 Region Major City Volume Share in the Year-on-Year pool Change South Ostrobothnia Seinäjoki 470.23 17.42% +1,07 pp Finland’s three (3) biggest growth Varsinais- Suomi Turku 386.47 14.31% -4,02 pp areas forecasted by the end of 2040*: Pirkanmaa Tampere 3
Slide 31: Operating Environment
Operating Environment omadpp 31
Slide 32: Finnish economy expected to recover during 26/27; government indebtedness Euro area average
Finnish economy expected to recover during 26/27; government indebtedness Euro area average Macroeconomic outlook • Finland has a highly developed and stable economy but in recent years it 2024 2025 2026F 2027F 2028F has been navigating a period of slow growth and structural challenges. Real GDP gro
Slide 33: Finnish household indebtedness lowest in Northern Europe
Finnish household indebtedness lowest in Northern Europe Household debt as % of net disposable income House price index, 2015 = 100 170 250 160 200 150 140 141,7 150 130 120 100 110 50 100 90 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Denmark Euro area Finland Norway Sweden Household d
Slide 34: Finland's unemployment on the rise…
Finland's unemployment on the rise… Finland´s unemployment rate highest since 2009 Unemployed jobseekers’ percentage of the workforce by region 12,0 % 11,0 % 10,0 % 9,0 % 8,0 % 7,0 % 6,0 % 5,0 % 4,0 % 3,0 % 2,0 % 1,0 % 0,0 % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar 2025 2026 Finla
Slide 35: Appendix
Appendix omadpp 35
Slide 36: Key sustainability themes
Key sustainability themes We are local and We promote We contribute close to people collective well-being to sustainable development We want to be local and close to We have an important task to support We have the opportunity to positively people. Personal customer service is customers in the manag
Slide 37: Key figures
Key figures Total operating income Equity / Total assets Profit before taxes €50.6 million 8.7% €13.9 million Accounting period 1-3/2026 Accounting period 1-3/2026 Accounting period 1-3/2026 Comparable cost-income ratio Balance sheet total Number of employees 57.5% €7.2 billion 633 Accounting period
Slide 38: Consolidated condensed income statement
Consolidated condensed income statement 38 Source: OmaSp. Non-audit ed figures for period ending 31 Mar 2026
Slide 39: Balance sheet
Balance sheet 39 Source: OmaSp. Non-audit ed figures for period ending 31 Mar 2026
Slide 40: OmaSp mortgage loan underwriting criteria
OmaSp mortgage loan underwriting criteria Identification of customers All mortgage applicants are identified, including their legal capacity. The financial position of the mortgage applicants is verified, including information of any internal and external payment defaults. Income status The income s
Slide 41: Ownership structure (as of 31 Mar 2026)
Ownership structure (as of 31 Mar 2026) Shareholder Shares % Ownership type 1% 3% Public sector Etelä-Karjala's Savings Bank Foundation 8,578,759 25.7% 20% Financial and insurance corporations Parkano's Savings Bank Foundation 3,330,000 10.0% Households Lieto's Savings Bank Foundation 3,125,049 9.4%
Slide 42: Thank You!
Thank You!
Slide 43: Disclaimer
Disclaimer This presentation contains information prepared by Oma Savings Bank Plc for the use of investors. The contents of this presentation, in whole or in part, must not be distributed, published, passed on, or reproduced, nor may its contents be disclosed by the recipient to any other person. T