Turkiye Sinai Kalkinma Bankasi A.s. · BIST:TSKB
Turkiye Sinai Kalkinma Bankasi A.s — Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q2 2025 Earnings Presentation
21 slides from Turkiye Sinai Kalkinma Bankasi A.s's earnings presentation, 2025
Slide 1: The Industrial Development Bank of Türkiye Earnings Presentation
The Industrial Development Bank of Tiirkiye Earnings Presentation 2Q-25 Bank-only Results ‘*) ) IoUSTRY ¢ REGIONAL ( FTSE4Good G oe y Sz Py, Advisory Services “Please hote that any Kind of recording including but not linited to screenshots, video recording, recording via external devices etc: of thi
Slide 2: 2Q25 Summary: TSKB's differentiating performance continues
2Q25 Summary: TSKB's differentiating performance continues Strong liquidity supported by new funding engagements: EUR 50 mn from OPEC (MOTF guaranteed) New long term loan disbursements, in line with a iT 9 : USD 200 mn fi AIIB (MoTF guaranteed) targets, surpassing USD 1.1 NEE ~~ bos Lo “EUR 25 mn fr
Slide 3: Financial Guidance (Bank Only)
Financial Guidance 1H-25 Figures YE25 Guidance Outlook (Bank Only) % % % Growth FX Adjusted Loan Growth 4.5 Low Teens On track Profitability Net Interest Margin 5.7 ~5 Upward Fees & Commissions Growth -45 ~ CPI Downward Return On Equity* 31.3 ~30 On track Efficiency OPEX Growth 59 > CPI Upward Solve
Slide 4: Superior QoQ and YoY Earnings Performance well above the sector
Superior QoQ and YoY Earnings Performance well above the sector Net Profit-TL mn Yearly Quarterly 6475 ©& © CC / l Strong coverage base, | qoq maintained free ! provision stock will 1 further support ! profitability | Wy yy yy yy | ¥ Total coverage ratio | stands at 3.6% ROE yyy —Y | yy GeO eE yy |
Slide 5: Remarkable Earnings Performance with robust NII generation
a Remarkable Earnings Performance with robust NII generation as well as strong collections and subsidiary income TLmn Net Interest Income NIl exc. CPI Linker Income Trading Income/Loss Net Fees & Commissions Other Income (Inc. Dividend) Banking Income OPEX (-) Net Banking Income Provisions (-) Incom
Slide 6: Funding maturity profile by source
✓ ✓ ✓ ✓ ✓ -380 -383 -338 -15 -237 -650 -376 -61 -2,707 1 to 12 months 1 to 3 years 3 to 5 years >5 years DFI Funding Eurobond & PP Money Market Funding Syndication & P/N etc.
Slide 7: Resilient Composition of Our Healthy Growing Assets
Resilient Composition of Our Healthy Growing Assets Asset Composition - TL bn Total Loans-TL bn 4% 190.2 166.4 14.1 ; Yi Le 20-25 40-24 10-25 mloans — mSecurities © =Cash&MM ——_ mNon EAs & Other =FXLoans($) = TL Loans 2Q-25 Loans by Currency Remaining Average Maturity - Years Z | Weight 161% Ree, In
Slide 8: Loan breakdown by sector
Electricity Generation 28.6% Metal & Machinery 8.9% Finance 7.9% Logistics 6.9% Chemistry & Plastics 6.4% Electricity/Gas Distr. 6.4% • Tourism 6.1% Construction Materials 5.9% Health 5.1% • Textile 4.3% • Food & Beverage 3.2% Paper and Forestry Products 2.4% Other** 8.0%
Slide 9: Total Provision by Stage and Coverage
YE-24 1Q-25 2Q-25 Total Provision (mn TL) 8,027 7,905 7,422 Stage 1 929 857 902 Stage 2 3,883 4,118 4,784 Stage 3 3,215 2,930 1,735 YE-24 1Q-25 2Q-25 Total Coverage 4.8% 4.2% 3.6% Stage 1 0.6% 0.5% 0.5% Stage 2 34.1% 33.6% 32.7% Stage 3 87.5% 90.3% 91.3% • • • • • • • • • •
Slide 10: Proactive and Strategic Asset Liability Management backs our NIM
Proactive and Strategic Asset Liability Management backs our NIM Total Securities Portfolio Breakdown Securities / Assets: TL47.4bn TL48.5 bn 17% ~ T141.5bn 46% in FX 54% in TL 26.7 4Q-24 10-25 20-25 mTL(bn) = FX($ bn) 10 TL Securities Portfolio Breakdown* 40-24 10-25 * Auditreport values are taken
Slide 11: NIM continues to stay solid and boosts our strong earnings performance
NIM continues to stay solid and boosts our strong earnings performance Net Interest Income inc. Swap Cost (TL mn) Annualized NIM n> + 39% yoy ——)+22% qoq 2,760 3,151 3,837 | 7s | ~ 6.3% = CPI Income 5.7% 5.7% = CPI Impact a Nil excl, CPI 2.0% 1.2% 1.1% = Core NIM m Swap Cost 2,857 3,319 43% 4.5% 4.6
Slide 12: CAR Evolution
CAR Evolution 0.03 0.32 0.05 - 0.04 0.02 0.20 20.3 20.3 1Q-25 Δ Market Risk Δ Credit Risk Δ MtM Δ Operational Risk Subordinated Debt Δ Tier II Net Profit 2Q-25
Slide 13: Sustainable Banking Highlights
Sustainable Banking Highlights billion USD - 2030 Target 13K8 DEVELOPMENT oy Day Y Climate and Environment TSKB’s 2nd Development Day Focused SDG Linked Loan * Focused on Enhancing Potential Disbursement since 2024 Growth Through Triple Transformation (Green, Digital and Social) To contribute to a s
Slide 14: Appendix
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Slide 15: Appendix: Balance Sheet
As Appendix: Balance Sheet a a 31.12.2024 31.03.2025 30.06.2025 RR TOTAL TL KR TOTAL LK TOTAL CashandBanks 1,928 10,553 12,480 4376 7,229 11,604 6,997 12,154 19,151 Securities 22,207 19,275 41,483 26,718 20,679 47,397 26,200 22,282 48,482 Loans (Gross) 13,888 152,529 166,418 14,052 176,174 190,227 1
Slide 16: Appendix: Detailed Income Statement
Appendix: Detailed Income Statement TLmn 1H-24 1H-25 YoY 1Q-25 2025 QoQ Net Interest Income inc. Swap Cost 5,302 6,988 32% 3,151 3,837 22% Net Interest Income exc. CPI 5,800 6,176 6% 2,857 3,319 16% CPI Linkers Income 1,712 1,548 -10% 735 813 11% Swap Costs (-) 2,210 735 -%67 440 295 -%33 Net Fees &
Slide 17: Appendix: Evolution of strategically managed Interest Earning Assets
7 Appendix: Evolution of strategically managed Interest Earning Assets Interest Earning Assets (bn TL) 264 208 239 v Interest Earning Assets were up by 11% QoQ and 40% YoY, which was driven by * High FX denomination * Growth strategy 40-24 1Q-25 20-25 mLiquid Assets mSecurities = Loans
Slide 18: Appendix: Stage Loans Breakdown
Appendix: Stage 2 Loans Breakdown Stage 2 Loans Sector % Tourism 45 Electricity/Gas Distribution 15 Electricity Generation 14 Non-residential Real Estate 8 Telecom/Logistics 4 Automotive Supply Industry 3 Metal and Machinery 2 Health 1 Other 8 TOTAL 100 Coverage (%) 33 50 + Hard collateral & provisi
Slide 19: Provisions and Net Cost of Risk
Provisions (TL mn) 2Q25 Stage 1* -50 Stage 2** 1,078 Stage 3 150 Reversals*** (TL mn) -1,632 Net CoR 39 bps Currency Impact 120 bps Net CoR excl. Currency Impact -81 bps
Slide 20: Appendix: ESG Ratings
Appendix: ESG Ratings L SUSTAINALY TICS FTSE4Good Constituent company in the FTSE4Good Index Series (YX | Sustainable / Fitch Sustainable Fitch 3 (62/100) First place in Turkiye Above global average ROY LSEG Rikivics Listed in Global 100 Most LSEG ESG Score Sustainable Corporations in the 84 PIII II
Slide 21: Disclaimer
DISCLAIMER This presentation document is prepared for informational purposes only and contains certain forward-looking comments, opinions, and forecasts. These reflect the views of Turkiye Sinai Kalkinma Bankasi A.S. ("TSKB") as of the date of this presentation and contain certain assumptions. Altho
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