Slide 1: 9M 2025 Results
9M 2025 Results 11 November 2025
Slide 2: 9M 2025 results snapshot - on track to deliver FY 2025 guidance
9M 2025 results snapshot-on track to deliver FY 2025 guidance €123.4mn 25.3% +14% YoY Net Profit ROTE €4.4bn €5.6bn TCR * Loans Δ Depos Δ €1.1bn €1.5bn 16.25% 1.43% +34% YoY +37% YoY Loans Deposits Capital NPEs (%) *Capital ratio incorporates period profits, dividend provision and Basel 4 first time
Slide 3: Key 9M 2025 highlights
Key 9M 2025 highlights Resilient interest revenue NII +1% QoQ and 5% YoY Strong fee generation +10% QoQ and 45% YoY Cost efficiency Cost to core income at 25.2% Elevated NIM At 3.34%, Optima’s 9M 2025 NIM stands ~1pp above the competition Contained CoR Cost of risk at 50bps with NPE ratio at 1.43% F
Slide 4: Solid performance driven by core income
Solid performance driven by core income Key P&L items €mn 3Q 2025 2Q 2025 3Q 2024 QoQ YoY 9M 2025 9M 2024 YoY NII 52.2 51.7 49.6 1% 5% 153.4 141.1 9% Fees 14.7 13.3 10.1 10% 45% 40.2 29.3 37% Total revenues 72.4 71.9 66.5 1% 9% 212.7 188.0 13% Opex 16.6 16.0 14.5 3% 14% 48.9 41.2 19% PPI 55.8 55.9 5
Slide 5: Strong KPIs, well above domestic peers
Strong KPIs, well above domestic peers Key performance indicators 3Q 2025 2Q 2025 9M 2025 9M 2024 NIM 3.22% 3.47% 3.34% 4.28% NFM 0.91% 0.89% 0.87% 0.89% Cost to core income 24.8% 24.6% 25.2% 25.0% Cost of Risk 0.41% 0.56% 0.50% 0.50% RoTE 25.3% 26.0% 25.3% 26.8% Loans/deposits 77.3% 80.7% 77.3% 79.
Slide 6: Gross loans up by 34% YoY
Gross loans up by 34% YoY Gross loans grew 34% YoY; +€0.8bn y-t-d Loan disbursements Δ +269 +245 +350 +313 +276 +183 €mn €mn 4,428 4,245 945 937 3,970 3,657 +6.5% 1,042 775 746 3,307 1,027 CAGR 3,062 927 663 891 802 759 3,219 3,386 +8.0% 3,042 2,505 2,767 CAGR 2,303 1H 2024 9M 2024 FY 2024 1Q 2025 1
Slide 7: Strong deposits inflows continued in Q3
Strong deposits inflows continued in Q3 Deposits grew 37% YoY; +€1bn y-t-d Time deposits share in the mix Δ +385 +416 +512 +129 +419 +456 €mn 59% 58% 5,648 5,192 4,643 4,773 55% 55% 55% 4,132 3,715 +9.3% 3,935 2,967 3,200 3,584 CAGR 52% 2,757 51% 2,519 +7.4% 1,374 1,676 1,573 1,609 1,713 CAGR 1,196
Slide 8: Asset gathering effort continues; AuM up by 29% YoY at €5.1bn
Asset gathering effort continues; AuM up by 29% YoY at €5.1bn Total AuM* at €5.1bn; +€1bn y-t-d Significant increase in Optima mutual funds inflows in 2025 Δ +287 +183 +156 +439 +388 €mn €mn +95% +29% 104.5 332.5 5,135 4,747 4,152 4,308 507 3,968 576 30.5 812 752 801 197.5 170.5 4,141 3,756 3,045 3,
Slide 9: Defensive balance sheet structure with solid liquidity metrics
Defensive balance sheet structure with solid liquidity metrics Strong Liquidity Metrics Group balance sheet 6,720 6,720 €mn LCR NSFR 207 223 227% 136% Other Other liabilities Net Loans 4,368 Deposits Securities 5,648 Due to L/D ECB funding/assets Due from banks Banks 77.3% 0% Cash Equity 975 324 149
Slide 10: The Balance Sheet expanded by 37% YoY
The Balance Sheet expanded by 37% YoY 9M 2025 assets grew 37% Tangible Equity (€m) €mn €mn 9M 2024 9M 2025 Δ 499 Cash & Cash at banks 847 1,171 324 144 Securities 634 975 340 690 609 Net Loans 3,272 4,368 1,097 355 243 Assets 4,921 6,720 1,800 148.0 118 Deposits 4,132 5,648 1,516 2020 2021 2022 2023
Slide 11: Fastest growing and most efficient bank in Greece
Fastest growing and most efficient bank in Greece Optima bank Market* ROTE 25.3% 14.6% EU peers @14.1%** NIM 3.34% 2.38% Cost to Core Income 25.2% 37.0% Depos Growth YoY 36.7% 4.9% Loan Growth YoY 33.5% 9.8% NPE ratio 1.43% 2.9% DTC/CET1 0% 46.5% *average of the 4 Greek systemic banks as of 9M 2025
Slide 12: Customer satisfaction at the core of our business model
Customer satisfaction at the core of our business model NPS (Net Promoter Score) Consistently high NPS 12M rolling 89.27 50 40 60 30 70 20 80 7.66 10 86.20 90 2023 2024 2025 3.07 0 100 NPS measures the loyalty of customers to a company First developed in 2003 by Bain and Company Management Consu
Slide 13: On track to deliver 2025 guidance
On track to deliver 2025 guidance 9M 2025 FY 2025 guidance Loan growth y-t-d +€0.8bn +€1.0bn 76% Deposits growth y-t-d +€1.0bn +€1.25bn 80% Net profit €123.4mn >€160mn 77% RoTE 25.3% >22% NPE ratio 1.43% <1.5% Cost to core income 25.2% <30% 13
Slide 14: In sum
In sum Volume growth continues profitably Culturally ingrained cost awareness supports efficiency Asset quality remains key focus Strong capital position High customer satisfaction On track to meet 2025 guidance 14
Slide 15: Financial Analysis
Optima bank Financial Analysis
Slide 16: 9M Core income grew 14% at €193.6mn
9M Core income grew 14% at €193.6mn on the back of strong loan growth, deposit tailwinds and strong fees NII grew 5% YoY Fees grew 45% YoY NIM 4.20% 3.22% NFM 0.86% 0.91% €mn €mn 0.8 14.7 2.5 1.6 0.4 52.2 1.5 49.6 -0.8 1.2 10.2 Loans Deposits 3Q 2025 3Q 2024 Loans/LGs Wealth mngt. Other 3Q 2025 3Q 2
Slide 17: Deposits tailwinds supported NII in Q3
Deposits tailwinds supported NII in Q3 NII Breakdown €mn 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 Loans 54.5 54.3 55.3 56.6 56.0 Fixed income 6.0 6.3 7.0 6.7 5.1 Deposits -15.6 -15.9 -15.8 -14.0 -14.0 CB & Interbank 4.9 4.2 3.2 2.7 5.3 Other -0.2 -0.2 -0.2 -0.2 -0.2 Total 49.6 48.8 49.5 51.7 52.2 NIM
Slide 18: Fees grew 45% YoY with most lines increasing in the double digits
Fees grew 45% YoY with most lines increasing in the double digits NFI Breakdown €mn Fees from mutual funds 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 (+88% YoY) and the brokerage business Loans 2.4 3.0 2.6 2.9 2.6 (+83% YoY) the key drivers in Q3, fully aligned with our focus on LGs 3.3 3.6 3.9 4.0 4.3
Slide 19: Cost efficiency remains top class
Cost efficiency remains top class Operating expenses Cost to core income FTEs (#) 549 575 590 605 610 €mn 16.7 16.2 16.0 16.6 27.5% 14.5 2.3 2.2 2.3 2.2 26.3% 2.0 4.6 5.4 5.2 24.6% 24.8% 4.9 24.3% 4.5 9.8 8.7 8.9 9.1 8.0 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 Staff Costs G&A Costs Depreciation 3Q 2
Slide 20: Balance sheet structure
Balance sheet structure Assets Liabilities & Equity 4,921 6,720 6,720 4,921 €mn €mn 207 223 Other 168 86 Net Loans 4,368 Other liabilities Securities 5,648 Deposits Due from Banks 3,272 Due to banks Cash 4,132 Equity 975 634 324 116 149 115 731 846 701 588 9M 2024 9M 2025 9M 2025 9M 2024 20
Slide 21: Ample liquidity with zero ECB funding
Ample liquidity with zero ECB funding Strong Liquidity Metrics HQLAs 9M 2025 LDR 79% 78% 82% 81% 77% Other securities 4% LCR NSFR Government 272% bonds 31% 263% 247% 229% 227% €1,332mn Cash & Cash at Central Bank 59% 129% 127% 126% 133% 136% €mn 9M 2024 FY 2024 1Q 2025 1H 2025 9M 2025 1,332 1,131 1,
Slide 22: Well diversified loan book
Well diversified loan book Loan book rate Gross loans breakdown 9M 2025 5.8% Households 2.3% General services 7.05%7.06%6.95% 4.1% Prof. activities 6.91% 6.74% 4.5% IT 6.49% 6.26% 5.6% Other 6.8% Financial/insurance 5.82% 5.69% 6.9% Transport and storage 5.29% -1.1% QoQ 7.1% Construction 4.89% 10.0%
Slide 23: Loan book breakdown
Loan book breakdown Retail Wholesale Consumer/margin SMEs - Mortgages Revolving 4% 16% 14% SMEs - Term 24% BB - €1,042mn €3,386mn Revolving 27% Large BB - Term Corporates - Large 53% Revolving Corporates - 28% Term 34% BB: Business banking-companies with turnover of €2.5-7.5mn SME: Small and medium
Slide 24: Deposit growth driven primarily by retail time customers
Deposit growth driven primarily by retail time customers Deposits movement Deposits mix 722 5,648 70% 456 222 117 Retail, Time; Retail, 4,132 39% Demand 31% Corporate, Demand Retail, Demand 9M 2025 €5,648mn 9M 2024 Corporate, Time Retail, Time Corporate, Demand 14% Deposits rate Corporate, Deposit b
Slide 25: Well diversified securities book
Well diversified securities book Securities book mix Breakdown per classification FVTPL 31% GGBs 9% €975mn OCI 4% T-Bills 21% AMOC 65% Other non sovereings 41% €975mn Other Securities over assets sovereigns 29% 14.5% 13.1% 13.1% 12.9% 12.8% 9M 2024 FY 2024 1Q 2025 1H 2025 9M 2025 25
Slide 26: Asset Quality
Optima Asset Quality
Slide 27: Healthy balance sheet with broadly stable NPEs
Healthy balance sheet with broadly stable NPEs Cost of Risk NPE/NPL ratio (bps) 45 113 52 56 41 39* 9.8 NPEs NPLs 1.48% 1.43% 0.92% 0.90% 0.89% 0.85% 5.7 5.0 4.4 0.46% 0.53% 0.43% 0.41% 3.6 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 9M 2024 FY 2024 1Q 2025 1H 2025 9M 2025 *Recurring cost of risk 27
Slide 28: Almost half of NPEs at 0dpd
Almost half of NPEs at 0dpd Stage 3 coverage NPE buckets >90dpd 197% 189% 37% 169% 149% 156% 0 dpd 149% 134% €63.4mn 45% 139% 114% 116% 48% 55% 41% 30% 34% 1-89dpd 9M 2024 FY 2024 1Q 2025 1H 2025 9M 2025 18% Cash coverage Collateral coverage 28
Slide 29: Capital
Optima Capital
Slide 30: Organic capital generation offsets RWA growth
Organic capital generation offsets RWA growth TCR trajectory RWA density 0.90% CAD 16.40% 16.52% 16.25% -0.78% -0.27% T2 78% 75% 74% CET1 72% 13.25% 13.24% 71% 1H 2025 Organic Asset growth 9M 2025 pre- Dividend 9M 2025 payout 9M 2024 FY 2024 1Q 2025 1H 2025 9M 2025 *Capital ratios incorporate period
Slide 31: Sustainability
Optima Sustainability
Slide 32: Our sustainability performance
Our sustainability performance ✓ 29% Renewable Energy Consumption (based on energy suppliers’ energy mix) Energy ✓ 75% Hybrid & electric cars of the total transition ✓ Green Asset Ratio: 1.3% (turnover)/ 2.5% (CAPEX) ✓ 10% of total loans in Renewables ✓ 49% women representation Driven for a Create v
Slide 33: Appendix
Optima Appendix
Slide 34: Income Statement
Income Statement in EURmn 2Q 2024 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 Net interest income 47.0 49.6 48.8 49.5 51.7 52.2 Net fee and commission income 9.3 10.1 12.1 12.1 13.3 14.7 Core Income 56.3 59.8 60.8 61.6 65.1 66.9 Other income 1.4 0.9 0.9 2.5 1.5 1.7 Trading Income 4.7 5.9 5.0 4.3 5.3 3.8
Slide 35: Income Statement
Income Statement in EURmn 1H 2024 9M 2024 FY 2024 1Q 2025 1H 2025 9M 2025 Net interest income 91.5 141.1 189.9 49.5 101.2 153.4 Net fee and commission income 19.1 29.3 41.3 12.1 25.5 40.2 Core Income 110.6 170.4 231.2 61.6 126.7 193.6 Other income 2.0 2.8 3.7 2.5 4.0 5.7 Trading Income 8.9 14.8 19.8
Slide 36: Balance Sheet
Balance Sheet in EURmn 1H 2024 9M 2024 FY 2024 1Q 2025 1H 2025 9M 2025 Cash & Cash at C.B. 759 847 969 842 1,091 1,171 Securities 602 637 728 748 800 975 Net Loans 3,029 3,272 3,613 3,920 4,190 4,368 PP&E 10 10 11 10 10 11 Intangible Assets 11 10 11 11 11 11 RoU assets 18 19 20 20 19 18 DTA 7 8 10 1
Slide 37: Macro environment is supportive
Macro environment is supportive CPI Jan 2022 - September 2025 GDP Jan 2022 – 2Q 2025 Source: Hellenic Statistical Authority Nominal GDP 9.2% 9.2% 5.2% 9.6% 7.8% 5.3% 4.7% 7.1% 1.7% 5.5% 3.5% 2.8% 3.0% 2.70% 2.00% 3.10% 1.90% 3.5% Real GDP 1.9% 2.9% 2.8% 1Q 20 2Q 20 3Q 20 4Q 20 1Q 21 2Q 21 3Q 21 4Q 2
Slide 38: Positive outlook for the Greek economy
Positive outlook for the Greek economy Greek sovereign ratings Greek economic sentiment index Latest credit ratings Outlook 106.2 Last upgrade: 12/2023 BBB- Positive (5/2025) Last upgrade: 4/2025 BBB Stable Mar 19 Sep 19 Mar 20 Sep 20 Mar 21 Sep 21 Mar 22 Sep 22 Mar 23 Sep 23 Mar 24 Sep 24 Mar 25 Se
Slide 39: Glossary
Glossary Adjusted net profit: Net profit/loss adjusted after adding back one off expenses or deducting one off revenues Basic Earnings per share (EPS): Net profit attributable to ordinary shareholders divided by the weighted average number of shares Common Equity Tier 1 (CET1): Common Equity T
Slide 40: Disclaimer
Disclaimer This is a presentation of an exclusively informative nature, intended to provide general information about the Bank. Your participation in any way in an event at which the presentation is shown or your access to it in any other way constitutes an acknowledgment that you have read the term
Slide 41: Contact information
Contact information Kostantinos Vatousis, Head of Strategy, IR & ESG George Doukas, IRO kvatousis@optimabank.gr gdoukas@optimabank.gr 32 Aigialeias & Paradeisou str. Maroussi Athens 15125 Greece OPTIMAr.AT OPTIMA GA ISIN: GRS533003000 www.optimabank.gr 41
Slide 42: Optima bank
Optima bank