Lhv Group As · OMXTSE:LHV1T
Lhv Group As — Q3 2019 Earnings Presentation
16 slides from Lhv Group As's earnings presentation, Oct 15, 2019
Slide 1: LHV Group Q3 2019 results
LHV Group Q3 2019 results October 15, 2019
Slide 2: Quarter with good growth and strong performance
Quarter with good growth and strong performance For customers Other * Fivefold increase of the number of * Shares emission in the amount of 25 EURm ATMs * Preparation for the takeover of Danske portfolio * Improvement of mobile banking * Financial plan update * Best Bank recognition by Euromoney * P
Slide 3: The best quarterly result (based on continuous operations)
LHV Group The best quarterly result (based on continuous operations) Financial results, EURt Net interest income Net fee and commission income Other income Total revenue Total expenses Earnings before impairment Impairment losses on loans Income tax expense Net income Business volumes, EURm Deposits
Slide 4: Group comparison with financial plan
LHV Group — comparison with financial plan Net profit exceeds financial plan by 1.6 EURm Finanoial results, EURt 13months _Sep-19_YTD'@_YTD18_FPYTD_ayiprP * Revenues above financial plan due to Total revenue, incl. —_ ss 5,479 53,895 53,430 53,446 +449 high busi | B Net interest income —_—~ 3640 34,
Slide 5: LHV Banking: rapid growth of deposits and loans
LHV Banking The rapid growth of deposits and loans is broad-based C317 Q4-17 1-18 Regular custcmers’ deposits o ~ =m & Q3 Q4 Q1 2013 Corporate loans oO Deposits 2,042 454% || 1,651 | | | = Q2-18 3-18 Q4-18 1-19 Q2-19 03-19 " Financial intermediaries' deposits" Depost platforms Loans (net) Q2 Q3 Q4 Q
Slide 6: LHV Banking financial results
LHV Banking The expense of deposits obtained for loan portfolio acquisition is incurred, revenue to follow next quarter Financial results, FEURt 9 quarters Q3-19 Q2-19 A quarter * Greater amount of deposits obtained Net interest income 11,600 11,842 242 through the deposit platforms in the Net fee a
Slide 7: LHV Banking — comparison with financial plan
LHV Banking — comparison with financial plan Net profit ahead of financial plan by +1.7 EURm Financial results, EURt 13 months Total revenue, incl. —_ Net interest income —_o Net fee and commission income ~SN Total operating expenses —_——— Earnings before impairment “—N Impairment losses on loans V—
Slide 8: LHV Asset Management: very strong three quarters in stock markets
LHV Asset Management Very strong three quarters in the stock markets EURm Assets under management and customers customers {th + The volume of assets under 1500 ad 1328 200 management exceeded 1.3 120. —— a EURb, with 10% increase in four 1200 — _—_ — 190, —> —-—_--—SsS os a quarters 900 180 600 170
Slide 9: LHV Asset Management: EBIT of Q3 1.8 EURm
LHV Asset Management EBIT of Q3 1.8 EURm Financial results, EURt Total revenue Total operating expenses EBIT Net financial income Net profit Business volumes, EURm Pillar ll pensionfunds Pillar Ill pension funds Eurofunds Active customers of Pll funds, thous. Key figures Cost / income ratio (C/I) pr
Slide 10: LHV Asset Management — comparison with financial plan
LHV Asset Management — comparison with financial plan Average return on funds ahead of financial plan Financial results, EURt 13 months Sep-19 YTD19 YTD18 FPYTD AYTDFP . Average return on funds under Total revenue _“~— 821 10,672 10,290 10,692 -19 A 0, Fi Total expenses WAV 493 4,463 4,295 4,462 +1
Slide 11: Stock information
LHV Group Stock information EUR LHVstock price and tumover EURt 13 4.000 "= LHV daily turnover (EURt) LHV stock closing price (EUR) "1 750 U0 ro 50, Hla, dl iad ub al Lal table ddl Apr 16 Jul18 Oct16 Jan17 Apri? ult? Oct17 Jan18 Apr 18 Jul18 Oct18 Jan19 Apr 19 Jul 1¢ Dynamics of LHV stock price and
Slide 12: Key figures: net profit, pre-tax ROE, customer increase
LHV Group 9 months 20.7 EURm 17.2% Net profit Pre-tax ROE Best bank in Estonia 27,700 Euromoney Bank customer increase
Slide 13: Annexes
Annexes
Slide 14: Strong liquidity and capitalization
LHV Group Strong liquidity and capitalization % Lei 200 Loan-deposit ratio 184 2,600 100 1,950 80 60 1,300 40 650 20 Cc B) oO G4 at a a Of at a a ar a2 G3 150 R 106 xa) 03 8 ° a3 G4 at Qe a4 2018 2019 218 2019 "Loans (net) "HM Urissued deposits © ——L/D % CT1 capital adequacy - 20 % Total capital ade
Slide 15: The quality of the loan portfolio is strong
LHV Group The quality of the loan portfolio is strong Corporate loans by ratings 32 2a 6 46 cy 0 1-3 7 8 9 10-12 13 03418 = Q2-19 23-19 EURM —_LHV Finance loans overdue porfolio. “8 O41 “-_— meee, = 7 - 16 0.6 0.0 12 a3 G4 Qt G2 a8 af at a2 a3 2018 2019 = loan impaiments = over 90 days or contract c
Slide 16: AS LHV Group contact details
AS LHV GROUP TARTU MNT 2, TALLINN 6 802 670 INFO@LHV.EE LHV.EE