United Community Banks, Inc. · NYSE:UCB
United Community Banks — Merger or Acquisition (June 2026)
9 slides from United Community Banks's merger presentation, Jun 12, 2026
Slide 1: United Community Enters Into an Agreement to Sell Navitas
United Community Enters Into an Agreement to Sell Navitas Sharpens Strategic Focus on Core Business and Enhances Shareholder Value June 12, 2026 Member FDIC. © 2026 United Community Bank | ucbi.com 1
Slide 2: Caution About Forward-Looking Statements
Caution About Forward-Looking Statements This Report may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward
Slide 3: Continued Focus on Core Banking Business with Enhanced Strategic Flexibility
Continued Focus on Core Banking Business with Enhanced Strategic Flexibility 1 Attractive Monetization of a Strong, but Non-Core, Asset Attractive valuation supported by robust growth and stewardship of business under United Community ownership since 2018 $1.9bn / ~7%(1) +$109mm(2) Capitalizes on st
Slide 4: Business and Transaction Overview
Business and Transaction Overview Navitas Credit Corp, an equipment finance subsidiary of United Navitas' Key Financials as of Q1'26 ($mm) Community, specializes in financing essential-use, small-dollar Loan Interest Income $39 equipment for small and mid-sized businesses Non-Interest Income 4 NLFC
Slide 5: Pro Forma Financial Impact
Pro Forma Financial Impact Illustrative Financial Impact as of Q1’26 Adjusted for Peach State After closing, United Community will explore $0.72(1) $0.69 - $0.73(3) various capital deployment alternatives ~(9%) $0.65 $0.70 including: Operating Earnings per Share Continued organic growth of core Ad
Slide 6: Pro Forma Loan Portfolio Composition
Pro Forma Loan Portfolio Composition Pre-Transaction Loan Portfolio (Q1’26)(2) Pro Forma Loan Portfolio (Q1’26)(2) Other Resi. Other Resi. Construction Consumer Construction Consumer Commercial 1% 1% Commercial 1% 1% Construction Construction Home Equity 6% Home Equity 6% 7% 8% 38% Residential 16% 4
Slide 7: Member FDIC. © 2026 United Community Bank | ucbi.com
Member FDIC. © 2026 United Community Bank | ucbi.com 7
Slide 8: Navitas Selected GAAP Financial Information
Navitas Selected GAAP Financial Information $ in millions FY 2025 Q1'26 Key Portfolio Data Loans & Leases - HFI $1,848 $1,897 Loans & Leases - Serviced 194 180 Managed Loans & Leases, Ending Balance $2,042 $2,077 Income Statement Loan Interest Income $148 $39 Non-Interest Income 18 4 Gross Revenue $
Slide 9: Non-GAAP Reconciliation Tables
Non-GAAP Reconciliation Tables Q1'26 Diluted income per common share reconciliation Diluted income per common share (GAAP) $0.69 Gain on termination of cash flow hedge (0.03) Payroll transition bonus 0.04 FDIC special assessment accrual reversal (0.01) Merger-related and other charges 0.01 Diluted i
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