Piraeus Bank S.a. · ATHEX:TPEIR
Piraeus Bank — Piraeus Financial Holdings — 9M 2025 Earnings Presentation
69 slides from Piraeus Bank's earnings presentation, Oct 31, 2025
Slide 1: Nine Month 2025 Financial Results
Nine Month 2025 Financial Results 31 October 2025
Slide 2: Contents
Contents 01 Executive Summary 02 Performance vs Peers 03 Financial Analysis & Business Highlights 04 Annex
Slide 3: Executive Summary
01 Executive Summary
Slide 4: Piraeus at a glance
Piraeus at a glance ➢ leading Bank in Greece ➢ a one-stop shop for financial services ranking first across business lines omni-channel distribution platform 4.5mn | 7.4k €83bn 370 1,300 clients | employees total assets branches ATMs €37bn | €64bn 28% 3.0mn 4.7/5.0 Executive Summary client loans | cl
Slide 5: Gap to pre-crisis GDP, investment and credit suggests multi-year expansion ahead
Gap to pre-crisis GDP, investment and credit suggests multi-year expansion ahead Real GDP (€bn) Unemployment rate vs Employed persons (mn) 250 2008 4,800 30.0 240 €237bn 4,600 Q2.25: 4.4 230 2024 +1.4% yoy 25.0 4,400 220 €200bn 4,200 210 20.0 200 4,000 190 3,800 Q2.24 15.0 180 3,600 9.8% 170 3,400 1
Slide 6: 9M.25: €854mn net profit and 15% RoaTBV; upgraded targets for 2025
9M.25: €854mn net profit and 15% RoaTBV; upgraded RoaTBV and loan growth targets for 2025 1 €854mn normalized profit Sustainable mid-teens return; upgrade of 2025 normalized RoaTBV target from c.14% to c.15% 2 €0.62 reported EPS In line to exceed guidance of reported c.€0.80 for 2025 3 €100mn interi
Slide 7: Q3.25: €0.19 EPS with €6.09 TBV per share
Q3.25: €0.19 EPS with €6.09 TBV per share, up 7% yoy, net of dividends paid Group Figures (€mn) Q3.24 Q2.25 Q3.25 9M.25 Net interest income 530 474 471 1,426 Net fee income 156 166 164 489 Net trading result 33 47 19 85 Other operating result (10) 1 (5) (15) Operating expenses (206) (212) (211) (647
Slide 8: €3.1bn net loan growth in 9M
€3.1bn net loan growth in 9M (+9% ytd), with positive loan origination dynamics continuing Performing loans evolution (€bn) Net loan movement +€0.9bn qoq (+2%) Out of €3.2bn disbursements in Q3: +3.2 ▪ c.€1.7bn to corporate, structured 35.9 36.8 +1.1 finance and shipping 33.7 +1.1 Executive Summary
Slide 9: CIB: Origination leverages unparalleled platform to reach all sectors of the economy
CIB: Origination leverages unparalleled platform to reach all sectors of the economy 9M.25 CIB net credit expansion breakdown by sector (€mn) Net credit Sector Disbursements # Customers expansion SME 1,680 150 1,717 Focus on SME servicing: 31 NPS vs 15-20 market avg in SEE Shipping 1,120 570 65 Hand
Slide 10: Piraeus' loan growth outperformance achieved while maintaining pricing discipline
Piraeus’ loan growth outperformance achieved while maintaining pricing discipline New corporate loans yields (%) Piraeus business loans spreads vs Greek peers (%) Business loan pricing at par with 2.7% market average 2.6% 5.4% 2.4% 2.5% 2.5% 5.4% 2.3% 2.3% 4.9% 4.9% 2.2% 4.2%4.3% 4.2% 4.1% 2.1% Exec
Slide 11: Retail: 20% growth p.a. in mortgage disbursements since 2021
Retail: 20% growth p.a. in mortgage disbursements since 2021; Q3.25 +€45mn net mortgage growth Mortgages (€mn) NCE (330) (270) (290) (90) ~+60 (70) +10 ▪ Average LTV c.64% for new disbursements ▪ Leveraging the Piraeus branch network and ~620 3rd party mediators; AI-enabled lending 500 430 Disbursem
Slide 12: Net fee income in 9M at 25% over net revenues
Net fee income in 9M at 25% over net revenues, on track for full year target of c.€650mn Net fee income (€mn) ▪ 9M fees up +2% yoy, absorbing early 2025 Q3.24 Q2.25 Q3.25 Q3 yoy 9M.25 9M yoy government measures and extraordinary fees Financing Loans 27 29 26 -5% 86 10% from strategic partnership in
Slide 13: Continued growth in assets under management
Continued growth in assets under management, above target for full year 2025 of >€13.5bn Assets under management (€bn) +€2.8bn ▪ Strong net inflows of €1.3bn, also supported by solid market effect, lead to +€2.8bn 14.3 increase in AuM in 9M.25 ▪ Upscale investment solutions with focus on: Executive
Slide 14: NII in Q3: -0.5% qoq; €1.9bn full year guidance confirmed
NII in Q3: -0.5% qoq from -2% in Q2 and -6% in Q1; €1.9bn full year guidance confirmed Net interest income Q1.25 Q2.25 Delta Q2 Q3.25 Delta Q3 (€mn) ▪ Performing loan interest income down 2.5% qoq from -4% in Q2, with deceleration Performing exposures 458 440 (17) 429 (11) reflecting volume growth i
Slide 15: Cost control kept OpEx flat qoq in Q3
Cost control kept OpEx flat qoq in Q3, despite one-offs and Snappi launch expenses Operating expenses (€mn) Q3.24 Q2.25 Q3.25 9M.25 Staff 101 102 98 297 Down qoq on the back of variable pay (-c.€5mn qoq) G&A 74 70 70 229 Ongoing discipline and cost control Depreciation 30 32 33 95 Increase on the ba
Slide 16: Solid credit quality with NPE ratio at 2.5% and cost of risk at 0.5%
Solid credit quality with NPE ratio at 2.5% and cost of risk at 0.5%, increasing S1/S2 coverage NPE balance evolution (€bn) 1.3 1.1 1.1 Q3.24 Q2.25 Q3.25 Q3.24 Q2.25 Q3.25 Executive Summary Organic cost of risk (CoR) 0.54% 0.46% 0.49% o/w underlying CoR 0.33% 0.28% 0.33% o/w servicing fees & credit
Slide 17: Superior liquidity profile; deposits at €63.9bn, +5% yoy
Superior liquidity profile; deposits at €63.9bn, +5% yoy Liquidity KPIs 241% ▪ Deposits in Q3 continued to grow; LCR (%) 219% 217% +5% yoy ▪ Improved funding profile, with new €500mn Green senior preferred bond and €1bn ΑΤ1 Executive Summary instruments issued ytd ▪ The highest Green bond issuance D
Slide 18: Consistent organic capital generation, absorbing loan growth and distribution accrual
Consistent organic capital generation, absorbing loan growth, increased distribution accrual and DTC CET1 trajectory Q3.25 (%) 14.7% 14.4% +0.8% 14.6% DTC / CET1 at 54% from 76% Dec.23 (0.2%) (0.0%) Executive Summary (0.4%) Absorbing 50% payout Europe’s best in class double- digit annual loan growth
Slide 19: Digital banking and technology are the intelligent backbone powering Greece's largest bank
Digital banking and technology are the intelligent backbone powering Greece’s largest bank 17.8mn +17.5% self-service journeys, up in positive feedback vs ‘24 from 9.7mn (+83% yoy) (Piraeus chatbot) 3.0mn +14.4% 90+ digital active users 4.7 in total virtual assistant Robotic Process Automation (RPA)
Slide 20: Snappi, the Group's neobank, has launched operations with good momentum
Snappi, the Group’s neobank, has launched operations with good momentum Innovation platform for retail banking • Greenfield development of next-era retail banking capabilities (e.g., branchless distribution, embedded banking). Relatively small investment of c.€53mn by Piraeus for 55% ownership • Val
Slide 21: 9M.25 performance leads to upgrade of RoaTBV and credit expansion guidance
9M.25 performance leads to upgrade of RoaTBV and credit expansion guidance for FY.25 FY.24 Q3.25 9M.25 FY.25 actual actual actual updated targets Earnings per share (reported €) €0.81 €0.19 €0.62 >€0.80 RoaTBV (normalized %) 15.0% 13.8% 14.6% ~15% NII / assets (%) 2.7% 2.3% 2.3% ~2.4% NFI / revenues
Slide 22: Piraeus' Performance vs Peers
02 Piraeus’ Performance vs Peers
Slide 23: Piraeus: the leading bank in Greece
Piraeus: the leading bank in Greece #1 in performing loans (26% Greek market share) #1 in deposits (28% share) Piraeus Performance vs Peers #1 in equities brokerage (23% share) #1 in retail footprint, with 370 branches and 1,300 ATMs 4.5mn clients nationwide 6% distribution yield from 50% distributi
Slide 24: Best-in-class loan growth in Europe
Best-in-class loan growth in Europe Performing loan growth (yoy) +15% Piraeus Performance vs Peers +4% 02 Jun.25 Sep.25 Source: ECB Supervisory Banking Statistics Q2.2025 from 113 Significant EU Institutions 24
Slide 25: NIM far above European average
NIM far above European average Net interest income over average assets (bps) 234 Piraeus Performance vs Peers 130 02 H1.25 9M.25 Source: ECB Supervisory Banking Statistics Q2.2025 from 113 Significant EU Institutions 25
Slide 26: Fees well above average in Europe and best in Greece
Fees well above average in Europe and best in Greece Net fees & commission income over average total assets (bps) 80 Piraeus Performance vs Peers 66 Greek peers avg at 64bps 02 H1.25 9M.25 Source: ECB Supervisory Banking Statistics Q2.2025 from 113 Significant EU Institutions; Greek peers data deriv
Slide 27: Best-in-class cost efficiency
Best-in-class cost efficiency Cost-to-core-income ratio (%) Piraeus Performance vs Peers 64% 34% 02 H1.25 9M.25 Source: ECB Supervisory Banking Statistics Q2.2025 from 113 Significant EU Institutions 27
Slide 28: Return on tangible book value well above EU average
Return on tangible book value well above EU average RoaTBV (%) 14.6% Piraeus Performance vs Peers 11.2% 02 H1.25 9M.25 Source: ECB Supervisory Banking Statistics Q2.2025 from 113 Significant EU Institutions 28
Slide 29: Cost of equity unsustainably high given the relatively tight sovereign risk premium
Cost of equity unsustainably high given the relatively tight sovereign risk premium Implied cost of equity 2027 (%) Sovereign risk premium (bps) 13.7% 78bps Piraeus Performance vs Peers 65bps 10.5% 02 CoE 27e CoE 27e Spread to Bund Spread to Bund Source: FactSet, SNL for avg consensus estimate of 20
Slide 30: Piraeus trades below EU banks with similar earnings, implying upside of c.30%
Piraeus trades below EU banks with similar earnings, implying upside of c.30% P/TBV multiple for 20271 (%) PB share price (€) P/TBV 27e Implied P/TBV 27e Piraeus Performance vs Peers 1.0x ~1.3x ~€9.2 ~30% €7.1 1.3x 1.0x 02 PB share price Implied PB share price at P/TBV 27e P/TBV 27e 24 Oct.25 P/TBV
Slide 31: Financial Analysis & Business Highlights
03 Financial Analysis & Business Highlights
Slide 32: Strong balance sheet with excess liquidity boosting profitability
Strong balance sheet with excess liquidity boosting profitability Asset vs funding mix - Sep.25 ▪ Customer loans comprise 51% of assets Financial Analysis & Business Highlights amounts in €bn ▪ Fixed income portfolio comprises 21% of assets Total 83.1 83.1 Total 3.0 Interbank ▪ Fixed income holdings
Slide 33: Credit expansion supported by all business lending segments
Credit expansion supported by all business lending segments; household lending increased Performing loans evolution (€bn) Financial Analysis & Business Highlights Performing loans yields, % 3.6% 4.0% 6.3% 6.4% 4.7% CAGR Growth 2021-Sep.25 2025 ytd CAGR 2021-Sep.25 ▪ Acceleration of growth in 10% 36.
Slide 34: Loan portfolio diversification
Loan portfolio diversification Group loan composition (€36.8bn at Sep.25, %) Q3.25 CIB disbursements breakdown Financial Analysis & Business Highlights Mortgages Industry mix % 17% Retail loans 21% Energy 22% Consumer 5% Transportation (incl. shipping) 17% Financial 16% Manufacturing 11% Wholesale &
Slide 35: Loan portfolio yield at 4.7% in Q3
Loan portfolio yield at 4.7% in Q3, with spreads evolution in line with budget Performing loan yields & spreads vs peak Financial Analysis & Business Highlights ▪ From the peak of Q4.23, average 3m Loan portfolio yields Q4.23 Q2.25 Q3.25 Δ vs Q4.23 PE Sep.25 Euribor is down 195bps, compared to -186b
Slide 36: Deposits up +€1bn year-to-date
Deposits up +€1bn year-to-date Customer deposit movement (€bn) Deposit movement by segment (€bn) Financial Analysis & Business Highlights 62.9 +1.4 +1.0 63.9 59.6 +1.2 +0.8 +2.3 FY.23 FY.24 Q1.25 Q2.25 Q3.25 Sep.25 -1.0 -1.4 delta delta delta delta delta balance Mass | Farmers +0.8 -0.1 -0.3 +0.1 +0
Slide 37: Lower time deposit pricing drives funding cost lower
Lower time deposit pricing drives funding cost lower Deposit cost evolution vs peak rates Financial Analysis & Business Highlights Deposits ▪ First demand deposit balances have Deposit costs (stock) Q4.23 Q2.25 Q3.25 Sep.25 Sep.25 grown by c.€3.8bn over the past year First demand deposits cost (%) 0
Slide 38: Loan yields affected by base rates; deposit costs de-escalating
Loan yields affected by base rates; deposit costs de-escalating Group Interest income (€mn) Yields (%) Average balances (€bn) Financial Analysis & Business Highlights Q3.24 Q4.24 Q1.25 Q2.25 Q3.25 Q3.24 Q4.24 Q1.25 Q2.25 Q3.25 Q3.24 Q4.24 Q1.25 Q2.25 Q3.25 Customer loans 522 507 468 452 437 5.30% 4.
Slide 39: Q3 operating costs absorb business growth initiatives and investment in technology
Q3 operating costs absorb business growth initiatives and investment in technology Operating costs (€mn) Financial Analysis & Business Highlights Q3.24 Q2.25 Q3.25 yoy Staff costs 102 103 99 -2% excluding VES & Snappi staff costs 99 102 98 -1% Flat yoy, down adjusted for Snappi & VES costs G&A costs
Slide 40: Piraeus to acquire Ethniki Insurance
Piraeus to acquire Ethniki Insurance, a leading insurer in Greece, further diversifying its revenue sources and enhancing value for its shareholders The acquisition is EPS and RoaTBV accretive by >5% and 1 percentage point respectively Financial Analysis & Business Highlights Financial KPIs Pre Tran
Slide 41: Capital position exceeds the P2G level by c.460bps
Capital position exceeds the P2G level by c.460bps, or c.310bps including Ethniki Insurance Capital ratios | Sep.25 Financial Analysis & Business Highlights €bn | % Reported Pro forma • On the 2025 EBA stress test results, announced on 1st CET-1 capital August, Piraeus achieved the 12th strongest (l
Slide 42: MREL requirement and position, 300bps buffer
MREL requirement and position, 300bps buffer MREL requirement MREL position (30 Jun.25) (30 Sep.25) Financial Analysis & Business Highlights 30.4% 27.4% • Ample buffer to MREL requirements • No subordination requirement based on the latest SRB’s communication 3.8% Combined buffers 9.8% Senior bonds
Slide 43: Management of NPE inflows brings formation close to zero
Management of NPE inflows brings formation close to zero Group NPE movement (€mn) Forborne NPEs (Sep.25) Financial Analysis & Business Highlights Q1.25 Q2.25 Q3.25 NPEs | beginning of period 1,068 1,097 1,086 Redefaults 8 4 7 1.1 1.1 Defaults 80 58 47 Total inflows 89 62 54 o/w business 36 25 18 0.4
Slide 44: Group NPE & NPE coverage ratio
Group NPE & NPE coverage ratio NPE ratio per product category NPE coverage ratio per product Financial Analysis & Business Highlights Jun.25 Sep.25 Jun.25 Sep.25 106% 104% building coverage 71% 72% 72% 67% 4.9% 5.1% 56% 3.8% 3.8% 41% 2.6% 2.5% 2.2% 2.1% Total Business Mortgages Consumer Total Busine
Slide 45: Retail Banking: leveraging nationwide network and wide clientele base
Retail Banking: leveraging nationwide network and wide clientele base with new business initiatives Performing loans (€bn) Net fee income (€mn) Financial Analysis & Business Highlights 223 10.3 10.3 214 10.1 €mn 9M.24 9M.25 Total net revenues 1,019 861 2.3 2.5 2.5 SB Total operating costs (308) (333
Slide 46: Corporate & Investment Banking: solid profitability driven by volume growth
Corporate & Investment Banking: solid profitability driven by best-in-class volume growth Performing loans (€bn) Net fee income (€mn) Financial Analysis & Business Highlights 26.4 25.6 Leasing/ 1.6 168 1.6 factoring 164 21.9 €mn 9M.24 9M.25 6.0 SMEs 1.5 6.1 Total net revenues 660 635 5.7 Total opera
Slide 47: Treasury & Financial Markets: consistent execution of strategy in fixed income
Treasury & Financial Markets: consistent execution of strategy in fixed income markets Fixed income securities per issuer (€bn) Fixed income securities per category (€bn) Financial Analysis & Business Highlights Yield 2.9% 3.0% 3.0% 17.7 17.6 17.7 17.6 0.9 1.1 €0.7bn GR 15.8 1.8 1.7 15.8 1.4 1.4 €0.
Slide 48: Redefining engagement and recognition through seamless digital experiences
Redefining engagement and recognition through seamless digital experiences and award- winning innovation 1. CUSTOMER ENGAGEMENT 2. DIGITALIZATION Financial Analysis & Business Highlights • Customer reach and usage strengthened with digital active users reached • Digital-first transformation: 99% of
Slide 49: Annex
04 Annex
Slide 50: Greek economy to continue growing at healthy pace
Greek economy to continue growing at healthy pace 2023 2024 2025 2026 actual actual estimate estimate Real GDP 2.1% 2.1% 2.1% 1.9% • Greek GDP growth > EU average 8.5% 5.4% 4.6% 4.6% • Strong foundations for sustainable growth Nominal GDP • Tourism, FDI & consumption drive growth Inflation 3.5% 2.7%
Slide 51: Solid economic momentum, with increasing employment and record tourism
Solid economic momentum, with increasing employment and record tourism Economy on a recovery path both in Nominal & Real terms. …with moderated headline inflation close to European levels GDP expected to grow at higher levels compared to the EU… 20.0 14.0 Q2.25 Headline Inflation (CPI) 5.2% Sep-25 1
Slide 52: Favourable Greek economic profile with sovereign returning to investment grade
Favourable Greek economic profile with the sovereign returning to investment grade status and RRF contribution Solid FDI flows reflecting strong potential in key sectors Greek sovereign upgraded to investment grade by all rating agencies; reflecting effectiveness of fiscal discipline and Net Foreign
Slide 53: Shareholder structure skewed to international investors
Shareholder structure skewed to international investors Shareholder structure (Sep.25) Greek ▪ Shareholder structure of Piraeus Bank presents great diversity; total number of common shareholders c.22k Rest of World Legal Entities 16% 6% Individuals 6% ▪ In Mar.24, Piraeus returned to fully privatize
Slide 54: Merger with absorption of Piraeus Financial Holdings by Piraeus Bank
Merger with absorption of Piraeus Financial Holdings by Piraeus Bank Rationale and key benefits Key milestones of the merger (indicative dates) 1 Optimize existing • Simplified corporate governance corporate • Unified financial and regulatory reporting BoD approval BoD approval of SSM EGMs of PFH &
Slide 55: Credit ratings
Credit ratings Greek sovereign Piraeus Bank Piraeus Bank Piraeus Bank Credit rating Long term Outlook Senior preferred 18 March 2025 Baa3 Baa2 Stable Baa2 31 January 2025 BBB BB+ Stable BB+ 24 October 2025 BBB- BBB- Stable BBB- Annex 04 01 April 2025 BBB BBB Stable BBB Moody’s rating refers to long
Slide 56: Publicly-placed outstanding senior debt issuance
Publicly-placed outstanding senior debt issuance €500mn 3.875% €350mn 8.25% €500mn 7.25% €500mn 6.75% €500mn 5.00% €650mn 4.625% €500mn 3.000% 6NC5 SP Green Notes 5NC4 SP Notes 5NC4 SP Notes 6NC5 SP Notes 6NC5 SP Notes 5NC4 SP Green Notes 3.5NC2.5 SP Green Notes due 2027 due 2027 due 2028 due 2029 d
Slide 57: Publicly-placed outstanding capital instruments
Publicly-placed outstanding capital instruments €600mn 8.75% €500mn 7.250% €650mn 5.375% €400mn 6.75% €600mn 6.125% PerpNC5.5 AT1 Notes* 10.25NC5.25 Tier 2 due 2034 11NC6 T2 Notes due 2035 PerpNC5.5 AT1 Notes PerpNC7 AT1 Notes Piraeus Financial Piraeus Financial Piraeus Financial Piraeus Financial P
Slide 58: Outstanding debt redemption profile
Outstanding debt redemption profile Outstanding debt call dates (€mn) 5NC4 PerpNC5.5 SP Green 11NC6 Tier 2 PerpNC7 AT1 Notes Jul.28 Sep.30 AT1 Notes Jun.26* 6NC5 SP 5NC4 3.5NC2.5 6NC5 10.25NC5.25 6NC5 Oct.32 Green SP Notes SP Green SP Notes Tier 2 SP Notes Nov.26 Jul.27 Dec.27 Dec.28 Apr.29 Apr.29 P
Slide 59: Group balance sheet evolution
Group balance sheet evolution Group balance sheet (€mn) Sep.24 Jun.25 Sep.25 qoq yoy Cash & balances with central banks 9,798 6,190 6,616 7% -32% Loans & advances to banks 1,636 2,546 3,037 19% 86% Gross loans 39,036 42,542 43,154 1% 11% (Loans loss reserves) (774) (737) (586) -20% -24% Securities/d
Slide 60: Group results | quarterly evolution
Group results | quarterly evolution (€mn) Q3.24 Q4.24 Q1.25 Q2.25 Q3.25 Net interest income 530 514 481 474 471 Net fee income 156 167 160 166 164 Net trading result 33 28 19 47 19 Other operating result (including dividend income) (10) 21 (10) 1 (5) Total net revenues 709 730 649 687 648 Total net
Slide 61: Earnings per share calculations
Earnings per share calculations Earnings per share (€) Q3.24 Q4.24 Q1.25 Q2.25 Q3.25 9M.25 Outstanding number of shares (mn) 1,247 1,246 1,247 1,248 1,248 1,248 Core operating profit 296 287 275 244 265 784 AT1 coupon (mn) (13) (13) (13) (13) (20) (46) Core operating profit adjusted (mn) 283 274 262
Slide 62: Loan and deposit portfolios
Loan and deposit portfolios Gross loans evolution (€mn) Deposits evolution (€mn) Dec.22 Dec.23 Sep.24 Dec.24 Sep.25 qoq yoy Dec.22 Dec.23 Sep.24 Dec.24 Sep.25 qoq yoy Group 37,270 37,395 38,986 40,456 43,154 2% 11% Group 58,372 59,567 60,540 62,853 63,869 2% 5% Senior notes 6,074 5,984 5,787 5,722 5
Slide 63: IFRS9 stage analysis | Group
IFRS9 stage analysis | Group Gross loans Dec.171 Dec.181 Dec.191 Dec.201 Dec.211,2 Dec.221,2 Dec.231,2 Sep.242 Dec.241,2 Sep.251,2 Δ yoy (€bn) Stage 1 19.1 17.6 18.4 19.6 26.5 30.4 32.3 34.5 36.2 39.3 39% Stage 2 6.3 6.6 5.7 6.0 5.6 4.3 3.8 3.2 3.1 2.8 -9% Stage 3 32.9 27.3 24.5 22.4 4.9 2.6 1.3 1.3
Slide 64: Definitions of APMs
Definitions of APMs1 CET1 capital ratio, as defined by Regulation (EU) No 575/2013, for Dec.24, Jun.25 and Sep.25 subtracting (-) from the denominator the RWA of the NPE portfolios (mainly project Solar and Imola) 1 CET1 capital ratio (pro forma) and real estate assets classified as HFS, as at 31 De
Slide 65: Definitions of APMs
Definitions of APMs Net profit normalized is the profit/ (loss) attributable to the equity holders of the parent minus (-) one-off items defined herein. Overall, one-off items include revenues, expenses and 20 Net profit, normalized impairment charges on loans and advances related to NPE sales and o
Slide 66: Glossary
Glossary Assets under management (AuM) include Piraeus Asset Management MFMC assets, plus (+) Piraeus’ Securities' equity brokerage custody assets and private banking, plus 1 Assets under management (AuM) (+) institutional portfolios’ assets which includes Iolcus AuM as of 30 March 2022 2 Deposits /
Slide 67: Disclaimer
Disclaimer General This presentation pertaining to Piraeus Financial Holdings S.A. (formerly known as Piraeus Bank S.A.) and its subsidiaries and affiliates (the “Group” or “we”), its business assets, strategy and operations is solely for informational purposes. References to the “Company”, “Piraeus
Slide 68: Contact information
Contact information Theo Gnardellis Chief Financial Officer Chryssanthi Berbati GM | Strategic Planning & Sustainability Xenofon Damalas IRO Amalia Missailidi Senior IR Manager | Credit Ratings Vangelis Pilios Senior IR Manager | Equity Analysts Nina Lykou Senior IR Manager | Fixed Income & ESG Yvon
Slide 69: Piraeus Financial Holdings
M Piraeus Financial Holdings
Piraeus Financial Holdings — 9M 2025 Earnings Presentation on 6ix