Lhv Group As · OMXTSE:LHV1T
Lhv Group As — Q2 2020 Earnings Presentation
16 slides from Lhv Group As's earnings presentation, Jul 14, 2020
Slide 1: LHV Group Q2 2020 results
LHV Group Q2 2020 results July 14, 2020
Slide 2: Quarter with significant events
Quarter with significant events For customers « Name payments * Dollar payments to Estonian residents Records in business volumes * Customer numbers * Loans ¢ Deposits * Funds Pension funds Other Best three pension funds this year Suspension of public contributions from July Decision on pension refo
Slide 3: Good growth, though affected by provisions
LHV Group Good growth, though affected by provisions Financial results, EURt 9 quarters Q2-20 Q1-20 A quarter Net interest income 15,545 16,323 -778 Net fee and commission income 6,188 6,507 -319 Other income 305 -353 +658 Total revenue 22,039 22,477 -438 Total expenses 10,661 11,174 -512 Earnings b
Slide 4: Comparison with financial plan
LHV Group — comparison with financial plan Net profit +3.2 EURm ahead of financial plan Financial results, EURt Total revenue, incl. Net interest income Net fee and commission income Total operating expenses Eamings before impairment Impairment losses on loans Income tax Net profit, incl. attr. to s
Slide 5: LHV Banking
LHV Banking Successful issuance of covered bonds. Purchase of Danske loans oO Q2-18 Q2 Q3-18 Q3 Q4-18 Regular customers’ deposits a4 Corporate loans. ar-i9 Q2-19 Q3-19 Q4-19 1-20 2-20 "Financial intermediaries’ deposits = Deposit platforms Loans (net) 1118 i os @ G@ Qt 2019 Q2 Q3 Qs Qt 2020 Q2 = Ret
Slide 6: LHV Banking
LHV Banking Record levels in business volumes. The quality of the loan portfolio is strong Financial results, EURt Net interest income Net fee and commission income Other income Total revenue Total expenses Earnings before impairments Impairment losses on loans. Income tax expense Net income Busines
Slide 7: LHV Banking — comparison with financial plan
LHV Banking — comparison with financial plan Net profit ahead of financial plan by +2.9 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 Business vo
Slide 8: LHV Asset Management
LHV Asset Management Strong recovery of stock markets customers (th.) EURm Assets under management and customers 800 200 . AUM 411% 41440 500 1293 — 490 “2000 — = = 180 900 170 600 300 160 0 150 Q2-18 3-18 = 418 1-19 219 3-19 4-19 1-20. 2-20 Pilar ll pensiontunds =m Githertunds += ~——Active customer
Slide 9: LHV Asset Management
LHV Asset Management Q2 Net profit 1 EURm, the number of active customers is growing Financial results, EURt Total revenue Total operating expenses EBIT Net financial income Income tax expense Net profit Business volumes, EURm Pillar Il pensionfunds Pillar Ill pension funds Eurofunds Active customer
Slide 10: LHV Asset Management — comparison with financial plan
LHV Asset Management — comparison with financial plan Despite the turbulent times, a successful quarter with a strong return Financial results, EURt 13 months Total revenue —w~ Total expenses VL AWY Earnings before taxes “SA Income tax \.. Net profit ———~/- Business volumes 13 months Assets under ma
Slide 11: Growth in business volumes, Danske portfolio acquisition
LHV Group 6 months 11 EURm 12.4% Net profit Pre-tax ROE Growth in business 22,400 volumes Bank customers increase Acquisition of Danske portfolio
Slide 12: Annexes
Annexes
Slide 13: Strong liquidity and capitalization
LHV Group Strong liquidity and capitalization % LCR 200 180 a O88 G4 at a2 uw a at a 2019 2020 * T1 capital adequacy 16 4.8 a @ Of At a @ a a ae 2019 2020 —— LAV nternal Tier 1 ratio limit Loan-deposit ratio % 100 80 60 ] I | 40 20 o a2 as a4 ar az as at a a 2019 2020 Loans (net) mmm Unissued deposi
Slide 14: The debt ratio remains low
LHV Group The debt ratio remains low % Corporate loans by ratings 40 32 24 | | | l ; N- 13 46 0 7 8 9 10:12 18 02-19 = 01-20 902.20 EURm LHV Finance loans overdue porfolio a1 21 = = Bos i ™ t= 19 07 a2 0s Gt ai a2 as at at a 2019 2020 ‘= loan impairments ® over 90 days or contract cancelled © up to
Slide 15: Stock information
LHV Group Stock information EUR LHV stock price and turnover EURt 4,000 seems LHV daily turnover (EUR) 14 —LHV stock closing price (EUR) 780 12 500 19 260 May 16 Sep 1€ Jan17 May17 Sep17 Jan18 May18 Sep18 Jan 19 May19 Sep 19 Jan2C May 20 liad hla da ik ull gg Mahood MIM dd a alia Dynamics of LHV sto
Slide 16: AS LHV Group contact details
AS LHV GROUP TARTU MNT 2, TALLINN 6 802 670 INFO@LHV.EE LHV.EE