Ab Artea Bankas · OMXVSE:ROE1L
Ab Artea Bankas — Artea Bank — Q2 2026 Earnings Presentation
38 slides from Ab Artea Bankas's earnings presentation, Jul 29, 2026
Slide 1: Artea Bank Q2'26 Financial Results
Artea Bank Q2’26 Financial Results July 29, 2026
Slide 2: Key Financial and Strategic Highlights
Key Financial and Strategic Highlights ▪ Strong growth – Loan book growth accelerated, driven by robust new lending in the Q2’26 corporate and mortgage segments Adj. Net Profit Net Profit ▪ Margin inflection – Net interest margin has troughed, with recent trends indicating the start of a gradual rec
Slide 3: Pillar 2 Pension Reform Update
Pillar 2 Pension Reform Update Pillar 2 AuM Withdrawals (H1’26)1 • Customer withdrawals remained significant beyond Q1 and were more front-loaded 61% than expected 55% 53% 53% 51% • Intangible assets valuation assumptions (goodwill and fund rights) were updated 47% based on latest Pillar 2 outflow d
Slide 4: Q2'26 Financial Results
Q2’26 Financial Results
Slide 5: Financial Performance Highlights
Financial Performance Highlights Income Statement In €’m Q2’26 Q1’26 %∆ QoQ H1’26 H1’251 %∆ YoY Net Interest Income 36.7 35.8 3% 72.5 68.4 6% ▪ Net interest income (NII) increased solidly, Net Fee & Commission Income 8.6 7.4 16% 16.0 15.1 6% supported by continued loan book expansion and Other 2.9 2
Slide 6: Loan Portfolio
Loan Portfolio Loan Book Development QoQ Key Highlights ▪ Loan book grew 6% quarter over quarter, driven primarily by strong growth in the corporate +6% and mortgage portfolios 1 43 3 964 ▪ Corporate lending activity rebounded strongly following a seasonally softer first quarter, 179 with particular
Slide 7: Net Interest Income
Net Interest Income Key Highlights Net Interest Margin (NIM) Dynamics Net Interest Income YoY (€’m) ▪ Asset yields remained stable quarter Asset Yield NIM Cost of Funding over quarter, while net interest margin 72.5 (NIM) expanded by 5 bps, supported 68.4 by lower funding costs 5.4% 5.2% 4.8% 20.6 4
Slide 8: Net Fee & Commission Income
Net Fee & Commission Income Key Highlights Net Fee & Commission Income YoY (€’m) ▪ Net fees & commission income (NFCI) increased by 14% compared to the previous year driven mainly by Capital Markets and Daily Banking segments 14% ▪ Daily Banking benefited from higher transaction volumes following th
Slide 9: Operating Expenses
Operating Expenses Key Highlights Operating Expenses Development YoY (€’m) ▪ Operating expenses remained broadly stable YoY Cost to Income Ratio 60.1% 57.4% ▪ The main increases were recorded in personnel costs, Operating Costs reflecting general wage inflation, and premises-related One-Off Costs ex
Slide 10: Asset Quality
Asset Quality Loan Impairment Losses Development (€’m) and Cost of Risk (%) Key Highlights Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 ▪ A strong macroeconomic backdrop and disciplined underwriting continued to Impact of Parameters 0.7 2.1 4.3 0.8 1.6 support excellent asset quality Loan impairment Losses New Len
Slide 11: Funding
Funding Key Highlights Funding Portfolio Breakdown (Q2’26) Cost of Funding ▪ Managed to further decrease our funding Due to Other Banks Cost of Deposit Portfolio Total Cost of Funding Wholesale Funding costs primarily driven by deposit funding 3% Other 6.00% 5% ▪ Current account deposits continue to
Slide 12: Capital Ratios and Requirements
Capital Ratios and Requirements Key Highlights Sufficient Capital to Support Growth Going Forward1 ▪ The capital position remains strong, providing a solid foundation for future growth CET 1 Tier 1 Total Capital ▪ RWA density remained at a comfortable level, reflecting a balanced risk profile Surplu
Slide 13: Concluding Remarks
Concluding Remarks ▪ Strong underlying performance – Core business momentum remained solid, supported by accelerating loan growth, improving margins and disciplined cost management ▪ Resilient operating fundamentals – Asset quality remained strong, while the capital position continued to provide fle
Slide 14: Business Segment Results
— Cc ® = ©) se) op) 0) 0) D) £ ” =) m
Slide 15: Corporate Clients Segment Development
Corporate Clients Segment Development Key Highlights Corporate Loans1 (€’m) Corporate Loans by Sectors1 (Q2’26) ▪ Corporate lending activity Existing Loan Book Newly Originated Loans Other 5% Healthcare 3% recovered after slower first quarter, loan book grew +9% Utilities 8% YoY +9% Real Estate 30%
Slide 16: Private Clients Segment Development
Private Clients Segment Development Key Highlights Private Loans (€’m) New Mortgage Agreements (€’m) ▪ Private client loans grew 9% YoY, Consumer Financing Mortgage supported mainly by strong 86.0 mortgage demand +9% 68.8 ▪ Housing market activity remained 1,502 62.8 1,426 1,423 1,458 strong, with J
Slide 17: Asset Management Development
Asset Management Development Asset Management Pillar 2 AuM Development (€’m) Key Highlights ▪ Pillar II fund performance remained strong; however, significant reform-related 1,293 withdrawals negatively affected assets under management and the overall asset management business ▪ Pillar III funds rec
Slide 18: Debt Capital Markets
Debt Capital Markets Aggregate Value of Projects Supported by the Bank (€’m) Key Highlights ▪ Bond market activity increased in the second quarter, reflecting the typical seasonal pick-up in issuance Project Value Number of Projects 18.0 104 ▪ Real estate continued to account for the largest share o
Slide 19: Appendix
2 xe) Cc D QO. or <x ae
Slide 20: Income Statement
Income Statement In €'000 Q2’26 Q2’25 %∆ YoY 1H’26 1H’25 %∆ YoY Interest income 58,717 54,971 7% 117,203 110,330 6% Other similar income 5,824 6,019 (3%) 11,354 11,653 (3%) Interest expense (27,793) (26,986) 3% (56,017) (53,568) 5% Net interest income 36,748 34,004 8% 72,540 68,415 6% Fee and commis
Slide 21: Statement of Financial Position
Statement of Financial Position In €'000 Q2’26 Q2’25 %∆ YoY ASSETS Cash and cash equivalents 396,596 575,315 (31%) Securities in the trading book 10,393 230,588 (95%) Due from other banks 10,862 2,614 316% Derivative financial instruments 1,969 263 649% Loans to customers 3,963,725 3,669,372 8% Inve
Slide 22: Life Insurance Business
Life Insurance Business Life Insurance Risk Under Management (RuM) (€’m) Risk Under Management Gross Written Premium 15.0 13.0 1,849 11.0 1,811 1,792 9.0 1,766 1,745 8.8 9.2 7.0 7.6 7.8 8.1 5.0 3.0 1.0 -1.0 Q2`25 Q3`25 Q4`25 Q1`26 Q2`26 Life Insurance Asset under Management (AuM) (€`m) 188.1 171.2 1
Slide 23: Loan Portfolio Segments Performance
Loan Portfolio Segments Performance Corporate Lending – Portfolio1 Mortgage – Portfolio Consumer Financing – Portfolio mEUR Portfolio Yield mEUR Portfolio Yield mEUR Portfolio Yield 6.0%5.9% 7.0% 7.1%7.2%7.1% 5.8% 5.8% 10.1% 10.1% 10% 2 000 7.5% 1 100 5.6% 6% 6.8% 5.2% 380 10.0% 1 900 6.6% 5.3% 9.9%
Slide 24: Robust Loan Portfolio
Robust Loan Portfolio Low LTV Ratios Remains Relatively Stable Loan Book Concentration1 Top 10 45% 8% Top 11-30 44% 44% 44% 44% 7% 44% Top 31-50 43% 43% Loan portfolio LTV 42% 42% 5% Mortgage loans LTV Loans secured by commercial 34% real estate LTV 33% 33% 33% 32% Other 80% 2Q`25 3Q`25 4Q`25 1Q`26
Slide 25: Conservative and Diversified CRE Portfolio
Conservative and Diversified CRE Portfolio CRE: Underlying Property Types CRE: High Geographic Diversification Top 20 Corporate Real Estate Client Breakdown by Asset Class (Jun-25) CRE Split by Region (Jun-25) Siauliai 1% Warehouse 9% Klaipeda 14% Residential 3% Office 34% Manufacturing 14% Kaunas 2
Slide 26: Sticky Local Deposits
Sticky Local Deposits Deposits Development Top 10 Depositors Term Deposits with Auto-Rollover (Jun-26) Current Accounts Term Deposits Cost of Deposits % of Total Deposits 8 7 000 984 1.9% 2.0% 7 7 968 952 936 920 904 888 872 856 840 824 808 792 776 760 744 728 712 696 680 664 648 7 7 632 616 600 584
Slide 27: Solid Liquidity Position
Solid Liquidity Position Securities Portfolio (Jun-26) Securities Portfolio (Jun-26) By Security Type, Bank-only By Accounting Method, Bank-only Corporate Bonds 2% Trading Book Fair Value 1% 17% Government Bonds Amortised Cost 98% 82% Liquid Assets (€’m) Strong Liquidity Position (Jun-26) Group Figu
Slide 28: Artea Market Share in Lithuania
Artea Market Share in Lithuania Loan Portfolio Market(1) Corporate Lending(1) 21.7% 22.4% 24.7% 22.5% SEB SEB Swedbank Swedbank Luminor Luminor 10.2% Artea Artea 13.0% Others Others 14.1% 31.6% 30.1% 9.7% Mortgage(1) Deposits(1) 15.5% 8.1% 11.8% 26.0% 29.8% SEB Swedbank SEB Swedbank Artea Luminor Ar
Slide 29: Artea Market Share Development
Artea Market Share Development Loan Portfolio Market1 Corporate Lending1 Artea Swedbank SEB Luminor Other Artea Swedbank SEB Luminor Other 30.8% 31.4% 31.6% 30.6% 30.2% 30.6% 30.4% 30.3% 30.3% 29.6% 30.1% 28.1% 28.0% 27.7% 28.6% 27.6% 27.0% 27.5% 24.0% 24.1% 23.8% 25.2% 24.8% 24.5% 24.6% 24.7% 23.5%
Slide 30: Lithuania: Sound Fundamentals and Solid Growth
Lithuania: Sound Fundamentals and Solid Growth Key Facts (2025) Membership in prominent POPULATION 2.9 million organisations of economic integration and security (EU, NATO, OECD) NOMINAL GDP €83 billion CREDIT RATINGS1 A2 / A / A Competitive, Western-oriented economic growth model GDP/CAPITA IN PPS
Slide 31: Lithuania's Economy: Structure
Lithuania’s Economy: Structure Gross Value Added By Industry Lithuanian Origin Export Structure By Country (2025) Other, 13% Poland, 10% Manufacturing, 15% Germany, 10% Agriculture, 3% Financial Activities, 5% Other, 39% Human Health and Social, 5% Trade, 16% Netherlands, 8% Education, 5% Latvia, 8%
Slide 32: Lithuania's Economy: Sound Pace of Convergence
Lithuania’s Economy: Sound Pace of Convergence Real GDP Exports of Goods and Services GDP Per Capita in PPS SCDA Index (2015=100), % (2015=100), % EU-27=100, % EU27 CEE Baltics Lithuanian EU27 CEE Baltics Lithuanian CEE Baltics Lithuanian 140 90 135 190 130 85 125 170 120 80 150 115 130 75 110 105 7
Slide 33: Lithuania's Economy: Banking Sector Evolution
115% 135% 15% 35% 55% 75% 95% 15.0% 17.0% 19.0% 21.0% 23.0% 25.0% 27.0% Source: EBA Q1'20 Q1'20 Q2'20 Q2'20 Q3'20 Q3'20 Q4'20 Q4'20 Q1'21 Q1'21 Q2'21 Q2'21 Q3'21 Q3'21 Tier 1 Capital % Q4'21 Q4'21 Q1'22 Q1'22 EU EU Q2'22 Q2'22 Q3'22 Q3'22 Q4'22 Q4'22 Q1'23 Q1'23 Loan to Deposit Ratio % LT LT Q2'23 Q
Slide 34: Banking Asset Growth CAGR (2020-2025)
Banking Sector in Europe 18% 16% LT Banking Asset Growth CAGR (2020-2025) 14% 12% RO BG HR 10% PL CZ 8% LV EE SI 6% SK GR FREU PT AT ES BE DE SE 4% IT DK 2% FI 0% 0% 100% 200% 300% 400% 500% 600% Banking Assets Ratio to GDP in 2025, % Source: Eurostat 34
Slide 35: Debt Securities in Issue
Debt Securities in Issue Type ISIN Code Volume of Issue Interest rate Maturity Issue date Currency Senior Preferred XS3191554495 300,000,000 3.74% Jul 10, 2029 Oct 7, 2025 EUR Senior Preferred XS3025213102 300,000,000 4.60% Jun 25, 2030 Mar 25, 2025 EUR AT1 XS2922133363 50,000,000 8,75% Oct 17, 2029
Slide 36: Management Board
Management Board Artea Bankas: Artea Bankas: Tomas Varenbergas 10 years Algimantas Gaulia 13 years ▪ Chief Executive Officer ▪ Chief Risk Officer Financial Industry: Financial Industry: ▪ Chairman of the Management Board 19 years 24 years Artea Bankas: Artea Bankas: Rimvydas Mockus (Subject to ECB a
Slide 37: Board of Directors (Supervisory Council)
Board of Directors (Supervisory Council) Valdas Vitkauskas Mindaugas Raila ▪ Chairman of the Supervisory Council of Artea Bankas since August 2022 ▪ Chairman at Willgrow, Girteka Logistics and SIRIN Development ▪ Member of the Supervisory Council of Artea Bankas since June 2022 ▪ Member of the Super
Slide 38: Disclaimer
Disclaimer General The material in this presentation has been prepared by AB Artea Bank (Artea) and solely for use at this presentation. The information provided in this presentation pertaining to Artea, its business assets, strategy and operations is for general informational purposes only. No part