Aktia Bank Plc Class A · OMXHEX:AKTIA
Aktia Bank Plc Class A — Aktia Pankki — Q2 2025 Earnings Presentation
29 slides from Aktia Bank Plc Class A's earnings presentation, Aug 5, 2025
Slide 1: Anssi Huhta, interim CEO and Sakari Jarvela, CFO
Anssi Huhta, interim CEO Sakari Jarvela, CFO
Slide 2: Q2 highlights
Aktia 02/2025 Results Presentation Q2 highlights Financial performance as expected: comparable operating profit EUR 26.2 million. * Stable net commission income. * Nil decreased as expected due to lower market rates. Strong focus on acceleration programme and strategically important customer segment
Slide 3: Interest rate environment affects operating profit
Aktia 2/2025 Results Presentation 5/8/25 3 Interest rate environment affects operating profit Comparable operating profit 2021-2025 EUR million 124.7 124.5 120.0 104.8 Q4 28.3 100.0 87.4 80.0 Q3 31.5, 65.2 60.0 54.9 Q2 30.8 40.0 7 _ oe 0.0 2021 2022 2023 2024 2025 Restated according to the accountin
Slide 4: Carl Haglund, incoming CEO
Aktia 22/2025 Results Pres —— Carl Haglund, incoming CEO
Slide 5: Our communicated ambitions
5/8/25 5 Aktia 2/2025 Results Presentation a Ambition: Our communicated ambitions © asa ni 4s O1 cr ow number Grow Assets Grow Net Achieve and Private under commission operating profit Bankin management income run-rate customers improvement © FRB armsigonn ROB ayenstazr BAe HERO azo Enabled by enhan
Slide 6: Strategy acceleration programme
Aktia Strategy acceleration programme: Strengthening execution to increase operating profit run rate with 10 focused streams to Peesieniis-current business Operanon 5/8/25 6 Business oriented growth initiatives Succeeding in our strategic priorities Other profitability driver Enabling initiatives Bo
Slide 7: Where do we stand
Aktia 2/2025 Results Presentation Where do we stand g Key achievements so far Strong ownership and participation throughout the organisation; clear governance Increased traction through higher activity Renegotiation of partnership agreements Structural changes initiated, driving tangible transformat
Slide 8: Aktia
Aktia
Slide 9: Development of our wealth management business continued in a challenging market
Aktia 2/2025 Results Presentation ‘Asset Management Banking Life Insurance 5/8/25 9 Development of our wealth management business continued in a challenging market * AuM increased in Q2 thanks to positive net AuM development subscriptions and market changes. EUR billion * Net subscriptions were posi
Slide 10: The pickup in lending continued
Aktia 2/2025 Results Presentation * Loan book increased by approx. EUR 80 million. * The total loan book margin and quality remained good. * Inthe corporate customer business, the strong growth continued in hire purchase and leasing financing. * The demand for investment solutions remained very stro
Slide 11: Net income from life insurance 9% higher than last year
Aktia 2/2025 Results Presentation Asset Management Banking Life Insurance 5/8/25 n Net income from life insurance 9% higher than last year * Net income from life insurance increased thanks to good results from investment activities and investment contracts. * Sales of investment-linked insurance was
Slide 12: Sustainability-driven success for the leading wealth manager
Aktia Q2/2025 Results Presentation Sustainability-driven success for the leading wealth manager Prosperity & Planet People 5/8/25 12 = 2025 target achieved Principles of Governance Share of SFDR Article 8 and 9 classified funds Target: increase the share Q2/2025 98.2% (outer circle) Q1/2025 98.2% in
Slide 13: Outlook 2025 (unchanged)
Aktia 2/2025 Results Presentation Outlook 2025 (unchanged) Aktia’s comparable operating profit for 2025 is expected to be lower than the comparable operating profit for 2024, which amounted to EUR 124.5 million. (Published: 12 February 2025) The outlook has been prepared based on the following assum
Slide 14: Summary
Aktia 02/2025 Results Presentation Summary Financial performance as expected: comparable operating profit EUR 26.2 million. * Strong focus on acceleration programme and strategically important customer segments. * AuM increased to EUR 159 billion during Q2/2025. * eNPS 29 and culture index 4.3/5
Slide 15: Financial overview
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Slide 16: Financial summary
Akt la 2/2025 Results Presentation 5/8/25 16 Financial summary Q2/2024 A% Q1/2025 A% A% Total operating income 73.3 76.7 A% 735 0% 146.8 154.0 5% Net interest income 34.7 38.8 “1% 35.2 “1% 69.9 779 -10% Net commission income 30.3 30.8 2% 30.8 2% 611 61.0 0% Net income from life insurance 8.0 74 9% 6
Slide 17: Composition of net commission income
Aktia 2/2025 Results Presentation 5/8/25 7 Composition of net commission income EUR million 35 32.5 30.8 30.9 20 30.8 30.3 30 F 18 25 F 6.2 68 Other 20 + 46 lm Lending : 2. 29 ™ Card, payment services and borrowing 15 ™ Asset management and securities brokerage = Mutual funds 10 5 (¢) Q2/2024 Q3/202
Slide 18: Composition of net interest income
Aktia Q2/2025 Results Presentation 5/8/25 18 Composition of net interest income EUR million 38.8 361 no 384 352 " 34.7 60 10 90-44 vW 19 04 4 13 + 15 415 -40 -90 02/2024 03/2024 04/2024 1/2025 2/2025 Lending Deposits ™ Covered bonds Senior financing Liquidity portfolio Liabilities to central banks =
Slide 19: Continued focus on cost control
Aktia Q2/2025 Results Presentation 5/8/25 19 Continued focus on cost control * Comparable operating expenses decreased by 1% compared to last year. * IT expenses increased by 6% due to continued investments in IT infrastructure, increased expenses in data-security, and due to inflation. * Depreciati
Slide 20: Credit loss provisions were EUR 3.2 million
Aktia Q2/2025 Results Presentation Credit loss provisions were EUR 3.2 million For the major part, our loan book consists of loans to households supported by residential or real estate collaterals. Credit losses increased slightly, mainly due to individual impairments on a small number of separate c
Slide 21: CET1 ratio 12.8%
Aktia 02/2025 Results Presentation CET1 ratio 12.8% 5/8/25 21 CET1 % % 16.0 9 13.0 12.8 14.0 no no na 1s us 19 120 oo 6 77 77 77 77 88 86 86 86 87 we 8.0 6.0 3 4.0 20 O 0.0 30 Jun 2023 30Sep 2023 31Dec 2023 = 31 Mar 2024 30Jun2024 30 Sep 2024 31Dec 2024 + =31Mar2025 30 Jun 2025 i Buffer,Ihs CET! Cap
Slide 22: Funding activities
Aktia 2/2025 Results Presentation Funding activities ¢ The liquidity situation at Aktia remained very strong (LCR 272% and NFSR 121% at the end of Q2) and hence the funding activities were fairly subdued during the period. ¢ In May, Aktia issued three new SEK private placement transactions altogethe
Slide 23: Building wealth for our customers and society
Lf [Xin] a} Building wealth for our customers and society Investor Relations contacts Oscar Taimitarha Director, Investor Relations +358 40 562 2315 oscar.taimitarha@aktia-fi Aktia
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Slide 25: AuM figures
Aktia 2/2025 Results Presentation 5/8/25 25 AuM figures Assets under Management EUR billion Mandates Fund Assets Other* Total Gross AuM QoQ Growth QoQ Growth % Total Net AUM 30 Jun 2024 58 9.0 15 163 04 3.5% 6 30 Sep 2024 58 92 15 165 03 18% 138 31 Dec 2024 57 9.0 14 16.2 -04 2.3% B5 31 Mar 2025 54
Slide 26: Sound funding profile
Aktia 2/2025 Results Presentation 5/8/25 26 Sound funding profile Capital market Other long-term 71% gene Covered bonds ” 215% Customer Senior debt deposits 213% 448% Short term + REPOs 0.8% Subordinated debts 11% ECB 2.7%
Slide 27: Balance sheet total EUR 12,174 million
Aktia Q2/2025 Results Presentation 5/8/25 27 Balance sheet total EUR 12,174 million Total assets EUR million 14,000 12,000 10,000 8,000 6,000 4,000 2,000 1794 31 Dec 2024 12,174 1,839 30 Jun 2025 ™ Lending to the public and public sector entities = Liquidity portfolio Life insurance assets incl. Uni
Slide 28: Households account for the majority of lending and deposits
Aktia 2/2025 Results Presentation 5/8/25 28 Households account for the majority of lending and deposits Lending to the public and public sector entities Deposits from the public and public sector entities 78; 59; 252; 115%; 1% 1% 6% ™ Households ™ Households Total 7,842 (7,177) EUR million Total 4,1
Slide 29: Aktia
Aktia