Arion Banki Hf · OMXICE:ARION
Arion Banki Hf — Shareholder Meeting (March 2026)
9 slides from Arion Banki Hf's shareholder meeting presentation, Mar 11, 2026
Slide 1: CEO Presentation
CEO Presentation Annual General Meeting 11 March 2026
Slide 2: Continued delivery on financial targets
Continued delivery on financial targets Strong 14.9% ROE in 2025 and a dividend proposal of ISK 11.5 per share Medium-term Historical performance – selected metrics 2025 targets ROE 14.9% ✓ Exceed 13% ✓ Cost-to-core income Return on 42.3% Below 45% Equity ratio1 Core income2 / REA 7.4% ✓ Exceed 7.2%
Slide 3: Key milestones of the year
Key milestones of the year Retail bank drove loyalty and growth Merger discussion initiated between Stefnir Funds changed the game with through customer rewards Arion and Kvika customer-focused enhancements • Successful launch of Arion Rewards with over • Stefnir strengthened its value proposition w
Slide 4: Income statement
Income statement 2025 Net interest income 2025 52,542 2024 46,302 Diff 13% Net fee and commission income 17,147 15,360 12% − Net earnings attributable to shareholders of ISK Insurance service results 2,111 2,166 (3%) 30.6bn, resulting in a return on equity (ROE) of 14.9% Net financial income 1,075 2
Slide 5: Balance sheet
Balance sheet Assets 31.12.2025 31.12.2024 Solid growth in loans and deposits Cash & balances with CB 150 124 Loans to credit institutions 23 26 - Loans to customers increased by ISK 99bn or Loans to customers 1.329 1.230 8% in 2025, mostly due to loans to corporates Financial assets 216 206 - Depos
Slide 6: Arion Bank has delivered significant capital release in recent years through both dividend and share buybacks
Arion Bank has delivered significant capital release in recent years through both dividend and share buybacks Dividend and share buybacks since the public listing of Arion Bank in 2018 Total capital release (ISK bn) hare buy back ividend Last 6 years • Arion Bank's dividend policy states that the Ba
Slide 7: Strong capital generation combined with reduction of outstanding shares has enhanced earnings per share and dividend per share
Strong capital generation combined with reduction of outstanding shares has enhanced earnings per share and dividend per share Number of issued shares (millions) Earnings per share (ISK) Dividend per share (ISK) Proposed Proposed 23% 79% 48% 51% 62% 50% Dividend payout ratio* 7 Source: Bloomberg, Na
Slide 8: Strong funding position
Strong funding Funding composition 31.12.2025 Near term maturities of FX borrowings (ISK bn) position wholesale funding - FX funding spreads have improved significantly % - Refinancing of 2026 FX maturities began in Q3 2025 - Pre-financing of the EUR 300m senior ISK 1.460 bn % wholesale funding pref
Slide 9: Disclaimer
Disclaimer This document has been prepared for information purposes only and should not be relied upon, or form the basis of any action or decision, by any person. Nothing in this document is, nor shall be relied on as, a promise or representation as to the future. In supplying this document, Arion