Hoist Finance Ab · OMXSTO:HOFI
Hoist Finance Ab — Q2 2025 Earnings Presentation
18 slides from Hoist Finance Ab's earnings presentation, Jul 25, 2025
Slide 1: Q2 2025 Results presentation
HoistFinance Q2 2025 Results presentation
Slide 2: Today's presenters
Today's presenters > © Harry Vranjes Magnus Sdderlund CEO CFO HoistFinance
Slide 3: Key highlights Q2
Key highlights Q2 +» Profit before tax amounted to SEK 310m, compared to SEK 377m in the same quarter last year. Excluding extraordinary items, underlying profit before tax came in at SEK 335m, compared to SEK 315m » Return on equity amounted to 14.7 per cent, compared to 17.5 per cent the same quar
Slide 4: Q2 financial summary
Q2 financial summary SEKm Q2'25 Q2'24 Change Interest income fully owned investment portfolio 1,194 1,075, 1% Interest income coinvestment portfolio 35 6 >100% Other interest income 148 75 97% Interest expense -492 -304 62% Net interest income 885 852 4% Total impairment gains & losses 102 1 -26% Ot
Slide 5: Investment portfolio acquisitions
Investment portfolio acquisitions 2022 2023 2024 2025 YTD SEK 6.9bn SEK 7.1bn SEK 10.8bn SEK 3.6bn :! I :! Ml :! Ml :! 1 45 * High market activity 28 - After the quarter had been closed, Hoist Finance 25 : 2,6 have signed an additional SEK 1.9bn of portfolios ’ 24 19 21 22 19 » IRR-levels stabilised
Slide 6: Q2 asset class mix
Q2 asset class mix Investment portfolio by asset class m=Unsecured = Secured Investment portfolio by market 16% altaly =Germany — » Spain = Poland = France UK "Greece = Sweden BeNe+other * Diverse presence across thirteen European markets » Secured asset mix increased from 25- to 34 per cent over th
Slide 7: Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25
• • • Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25
Slide 8: Net funding cost higher YoY
Net funding cost higher YoY - remains industry leading Net funding cost over Investment Portfolio +100bps Y 44 44 37 3.4 35 224 9324 Q4'24 Qv25 225 8 Classification: Publ Net funding cost at 4.4 per cent of the investment portfolio is up YoY, remains highly competitive The increase YoY is due to: -
Slide 9: Five quarters cost trend
Five quarters cost trend Direct costs 2,635 Indirect costs 2,456 2,281 2,28: 294 545 335 488 462 31 454 31) 435 270 265 402 350 351 321 cA 248 255 a ol Q224 Q3'24. 424 QT'25 Q2'25 Q2'24 324 Q4'24T'25 Other direct costs Hl Legal costs — Gross collections ™) Non-recurring ™) Non-recurring Hl Underlyin
Slide 10: Delivering strong return on equity while transitioning to SDR
Delivering strong return on equity while transitioning to SDR Reported RoE * Q2 includes net one-time costs of SEK 25m for the quarter, with an underlying Return On Equity of 16.1 7 per cent 7 16 16 * Q2 includes all costs required to become SDR 15 compliant in 2026 » Notifying as SDR will strengthe
Slide 11: CET1 capital position
CET1 capital position Capitalisation, % 11.88% CET1-target range 10.88% 8,58% Regulatory capital requirement Margin above capital requirement 12,52% CET1-ratio Strong capital postion, well above regulatory requirement Continued high investment capacity SEK 1.1bn impact from NPL backstop regulation W
Slide 12: Liquidity position
Liquidity position LCR, % NSFR, % Liquidity reserve, SEKbn LCR NSFR Liquidity reserve 2,081 wag 148 iquidity 27 26 128 127 24 16 121 1,567 1,091 15 " 752 630 661 8 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 * LCR regulatory limit based
Slide 13: On track and geared for continued profitable growth
On track and geared for continued profitable growth Key takeaways [o> Delivering strong underlying return on equity of 16.1 per cent, including the full cost of SDR = & Winning deals at attractive IRRs in a highly active market Tight cost control, ample capital and liquidity | Strong pipeline (<B Co
Slide 14: loistFinance
loistFinance
Slide 15: Appendix
Appendix HoistFinance
Slide 16: Status on the SDR criteria
Status on the SDR criteria Fulfilling the full SDR-criteria on each reporting date during the preceding financial year > From the regulatory text (article 36(5) CRR), conditions to be complied with, on an individual and consolidated basis, to qualify as SDR: The main activity of the institution is t
Slide 17: Overview non-recurring items
Overview non-recurring items . Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 P&L nominal SEKm SEKm SEKm SEKm SEKm A . Positive revalutation Impairment gains and losses 77 Poland ae . Italian and other Derecognition gains and losses 155 asset sales Total operating income 155 77 (0) (0) (0) Personnel expenses 24 tumi
Slide 18: HoistFinance
HoistFinance