Lhv Group As · OMXTSE:LHV1T
Lhv Group As — Q1 2018 Earnings Presentation
16 slides from Lhv Group As's earnings presentation, Apr 24, 2018
Slide 1: LHV Group Q1 2018 results
LHV Group Q1 2018 results April 24, 2018
Slide 2: Active quarter
Active quarter Main events United Kingdom branch permit LHV Banks’ high service quality Best Private Banking in Estonia Recognition Health and Beauty loan Home Furnishing loan Launching Telia mTasku Records in business volumes Deposits Loans Funds Client assets Customers Pension funds’ Estonian inve
Slide 3: Good growth in earnings before impairment and taxes
LHV Group Good growth in earnings before impairment and taxes Financial results, EURt Net interest income Net fee and commission income 9 quarters Other income Total revenue Total operating expenses Earnings before impairment Impairment losses on loans ee | Income tax . Net profit Business volumes,
Slide 4: Comparison with financial plan
LHV Group — comparison with financial plan Net profit compared to financial plan +0.4 EURm Financial results, EURt Total revenue, incl. Net interest income Net fee and commission income Total operating expenses Earnings before impairment Impairment losses on loans Income tax Net profit attr. to owne
Slide 5: LHV Banking
LHV Banking More than 6,000 new customers in Q1 Q1-16 Qt-16 02-16 2-16 Corporate loans Deposits 1,733 +114% = = 810 T | ma = = 3-16 Q4t6 ani7 Q217 Q3-17 Q4t7 are Demand deposits "Term deposits Loans (net) a 2 03-16 Q4-16 aii7 217 3-17 Q4at7 at-18 = Retail loans = Loans to related companies More than
Slide 6: LHV Banking
LHV Banking Net profit 3.6 EURm Financial results, EURt Net interest income Net fee and commission income Other income Total revenue Total operating expenses Earnings before impairment Impairment losses on loans Income tax Net profit Business volumes, EURm Deposits from customers Loans (net) Custome
Slide 7: LHV Banking — comparison with financial plan
LHV Banking — comparison with financial plan Net profit ahead of financial plan by +0.6 EURm Financial results, EURt 13 months Total revenue, incl. ~~ Net interest income ne Net fee and commission income ~~~ Total operating expenses ~o Earnings before impairment NY Impairment losses on loans n—~ Inc
Slide 8: LHV Asset Management
LHV Asset Management Good quarter in terms of relative performance of funds 104% 102% 100% 98% Assets under management and customers customers th.) ‘AUM +10% 1197 og 1020 180 160 140 120 100 Tkve16 kv-16 kv Vv T7 vet? Wve? wt? Tv 48 Pillar II pensionfunds mm Other funds — Active customers of Pillar
Slide 9: Financial reporting is subject to IFRS 15 starting from FY 2018
• • • 9 Financial reporting is subject to IFRS 15 starting from FY 2018, historic periods presented without changes
Slide 10: Financial reporting is subject to IFRS 15 starting from FY 2018
• • • 10 Financial reporting is subject to IFRS 15 starting from FY 2018, historic periods presented without changes
Slide 11: Stock information
LHV Group Stock information EUR LHV stock price and turnover EURt 12 250 mmm LHV daily turnover (EURI ~ 11 LHV stock 000 10 50 9 00 8 260 7 F ! i Apr 16 Jul 16 Oct 16 Jan 17 Apr 17 Jul 17 Oct 17 Jan 18 Dynamics of LHV stock price and comparison indexes 175% LV stock (LHV1 160% 0 OMX Tallinn index (O
Slide 12: 34 EURm loan portfolio growth, 16 cents dividend, United Kingdom
34 EURm 16 cents Loan porfolio growth Approved dividend per share (after the reporting period) United Kingdom 6,000 New branch Bank customer increase 15
Slide 13: Annexes
Annexes
Slide 14: Quarter influenced by payment intermediaries
LHV Group Quarter influenced by payment intermediaries % LCR 300 200 116 400 ° Qt a2 038 G4 Gf G2 G8 O417 O11 2016 2017 2018 % CT1 capital adequacy 20 ° 13.2 BEES ® 4 fa 2 123 Qi a2 G3 Ot Qi a2 8 FIT ai 2016 2017 2018 HV intemal Tier 1 ratio limit 14 EURm Loan-deposit ratio % 1,800 100 1,350 80 60 9
Slide 15: Credit quality influenced by few customers
LHV Group Credit quality influenced by few customers R Corporate loans by ratings 13 4-6 7 8 9 air Plevnrg mar-18 30 2% & 2 8 1 a 1 a 3d 10-12 13 ° EuRm Mokilizingas loans overdue porfolio |_| 10,2 Se za Qi a Us OF a a a a4 at 2016 2017 2013 loan impairments. = over 90 days or contract cancelled ® u
Slide 16: AS LHV Group contact details
AS LHV GROUP TARTU MNT 2, TALLINN 6 802 670 INFO@LHV.EE LHV.EE