Grupo Cibest S.a. · BVC:CIBEST
Grupo Cibest — Q2 2026 Earnings Presentation
34 slides from Grupo Cibest's earnings presentation, Aug 11, 2026
Slide 1: Grupo Cibest Financial Results 2Q26
Grupo Cibest Financial Results 2Q26 NYSE — Sceizivawe ‘SEP Global coe kB ® a“ Sustainability Indexes
Slide 2: 2Q26 Highlights
2Q26 Highlights 2Q reflects the strength of the competitive advantage built on Key Results 1. transactional activity as a sustainable source of low-cost funding and information for superior credit risk management. Loans Deposits NIM 0.2% Q/Q -0.2% Q/Q 7.9% 5.7% Y/Y* 7.1% Y/Y* A flexible commercial a
Slide 3: Macro
© Grupo Cibest Macro
Slide 4: Colombia's Economic Outlook
Colombia’s Economic Outlook Economic Growth Inflation and Interest Rates Fiscal and External Imbalances High interest rates, inflationary pressures and The Central Bank is expected to continue The central government deficit is forecast to weak investment, continue to weigh on tightening monetary pol
Slide 5: Central America's Economic Outlook
Central America´s Economic Outlook El Salvador Guatemala Panamá Growth is expected to moderate to 2.9% in Supported by infrastructure projects and Despite global disruptions, El Niño risks and 2026 but remain relatively resilient as strong institutional reforms that encourage rising unemployment, Pa
Slide 6: Grupo Cibest's Consolidated Results
Grupo Cibest’s Consolidated Results 6
Slide 7: Loan portfolio
Loan portfolio Loan Portfolio Growth Total Gross Loans 248 250 256 262 262 14.1% 11.8% 11.7% 12.9% 0.4% 13.3% 0.4% 13.4% 0.4% 13.5% 0.4% 13.7% 0.4% 9.6% 7.4% 8.0% 20.1% 20.5% 20.6% 20.4% 20.4% 5.7% 3.9% 2Q26/2Q25* 5.7% 2.5% 0.5% 1.8% 1.1%1.9% 1.4% 2Q26/1Q26 0.2% 0.2% 66.6% 65.9% 65.6% 65.8% 65.5% -0
Slide 8: Loan portfolio (Cont.)
Loan portfolio ( Cont.) Total Gross Loans per Entity Total Gross Loans 5.5 5.6 5.7 5.3 5.4 5.3 5.3 5.4 207.9 213.6 215.5 5.0 5.2 197.6 199.9 0.5 0.5 0.5 28.4 29.9 30.9 31.8 0.5 0.5 0.7 0.7 0.7 0.7 0.7 Bancolombia 27.2 1.0 0.9 0.9 41.4 42.2 43.0 2.0 2.1 2.1 1.0 1.0 2Q26/2Q25 9.1% 37.7 39.4 2.0 2.0 2Q
Slide 9: Deposits
Deposits Deposits Growth Total Deposits 15.8% 264 272 271 253 253 12.4% 11.7% 9.6% 13% 13% 12% 12% 11% 7.1% Total Deposits Time Deposits 4.3% 1.5% 2.6% 1.2% 1.0% 2Q26/2Q25* 7.1% 2Q26/2Q25* 4.3% 48% 49% 50% 50% 51% 0.7% 2Q26/1Q26 -0.2% 2Q26/1Q26 -1.0% -1.0% -0.2% -5.6% -3.2% -5.7% Savings Accounts Ch
Slide 10: Funding
Funding Funding Mix* Cost of Deposits 274 274 282 291 294 2Q25* 1Q26 2Q26 9.7% 9.6% 8.9% 8.7% 10.1% Checking Accounts 0.38% 0.33% 0.35% 33.9% 33.9% 32.5% 33.6% 32.9% Savings Accounts 2.50% 2.42% 2.82% Time Deposits 7.88% 7.58% 7.96% 44.8% 44.9% 47.2% 46.7% 46.8% Cost of Deposits 4.24% 4.00% 4.40% 11
Slide 11: Net interest income and margins
Net interest income and margins Net Interest Income per Entity Net Interest Income 183 392 257 105 6,037 89 116 102 239 276 375 5,182 409 284 433 434 256 4,875 4,960 4,843 5,205 4,092 4,135 4,051 4,463 5,351 2Q26/2Q25 23.8% 4,554 4,538 4,701 5,000 2Q26/1Q26 16.5% 687 321 422 143 182 2Q25 3Q25 4Q25 1
Slide 12: Fee Income
Fee Income Net Fee Income Evolution Net Fee Income per Entity 19.7% 20.8% 20.2% Bancolombia Bancoagrícola* Bam* Others** 2,500 18.3% 17.8% 20.0% 2,000 15.0% 224 225 1,500 Net Fee Income 228 262 39 60 78 51 2,221 10.0% 2Q26/2Q25 17.7% 201 33 104 77 1,000 1,914 2,001 2,005 2,114 36 78 81 1,262 1,374 2
Slide 13: Complementary business models
Complementary business models 160.0 169.1 CAGR: 42% 150.0 165.0 140.0 130.0 121.9 145.0 120.0 110.0 125.0 100.0 78.7 83.3 CAGR: 23% 105.0 90.0 80.0 85.0 Active Users (Thousands) 70.0 55.7 65.0 60.0 23.0 30.6 Transactions (Millions) 50.0 40.0 45.0 30.0 25.0 41.1 20.0 30.3 5.0 10.0 0.0 21.4 -15.0 2Q25
Slide 14: Users and Activity Ratio
Users and Activity Ratio Deposits Churn Rate* 40.0 81.3% 81.6% 85.0% +35% 80.4% 14.8% 35.0 79.2% 79.9% 80.0% 28.8 7.6 27.4 28.1 7.8 7.0 30.0 25.5 26.6 6.8 2Q26 75.0% 25.0 6.8 70.0% 5.6 5.5 17.3 18.0 5.8 20.0 15.3 16.5 14.2 65.0% 15.0 4.8 Average Ticket Loans´ Average Size Duration 60.0% 10.0 3.8 COP
Slide 15: Total Income, Financial Income, Fee Income
Total Income Financial Income +54% +72% 492 308 425 258 386 343 184 210 319 167 153 179 181 175 127 140 162 103 116 99 308 258 156 179 181 210 131 82 107 63 2Q25 3Q25 4Q25 1Q26 2Q26 2Q25 3Q25 4Q25 1Q26 2Q26 Financial Income Fee Income Loan Portfolio Income Investment Income Figures in Billions Figur
Slide 16: Provision charges & CoR
Provision charges & CoR Provisions Breakdown per Entity Provisions Breakdown 114 107 81 74 19 39 90 6 2.3%** 3.0% 124 76 1.9% 83 45 111 1.7%** 1.6% 98 1,780 1.3%** 2.0% 110 1,154 1,455 1,046 1.0% 813 831 1,229 580 1,060 1,023 0.0% 1,280 833 404 99 68 29 100 51 92 -1.0% 202 90 186 2Q25 3Q25 4Q25 1Q26
Slide 17: Asset quality
Asset quality Asset Quality Evolution Loan Breakdown by Stages 43.5% 43.9% 42.1% 4Q24 120% 39.6% 38.9% 45.0% 40.0% 2Q25* 3Q25* 4Q25 1Q26 2Q26 100% 4.8% 4.7% 35.0% 5.5% 5.3% 4.9% 5.9% 6.2% 5.2% 5.2% 5.4% Initial PDL 9,918 9,621 9,063 8,888 9,237 80% 30.0% 25.0% New PDL** 1,127 607 856 1,290 1,013 60%
Slide 18: Operating Expenses
Operating Expenses Opex Main Drivers All Other Expenses 6,000 50.3% 48.1% 50.4% 54.5% 60.0% 42.8% 50.0% 1,653 Total Operating Expenses 1,506 5,000 4,044 40.0% 1,446 1,467 3,582 3,788 3,649 1,328 4,000 3,375 30.0% 2Q26/2Q25 1.9% 20.0% 3,000 2,491 2Q26/1Q26 -9.8% 2,127 1,939 2,329 2,106 10.0% All Othe
Slide 19: Capital and leverage
Capital and leverage Shareholders Equity Operating Entities Capital Adequacy 14.19% 14.75% Shareholders´ Equity 13.92% 12.97% 2Q26/2Q25* -7.7% 1.86% 1.64% 2Q26/1Q26 4.8% 12% 11.5% 11.5% 5.62% 10% 42,378 12.06% 12.55% 14.75% 41,294 6% 6% 39,755 5% 36,377 38,124 Double Leverage 7.35% 95% 2Q25* 3Q25* 4
Slide 20: Net Income & Quarterly Annualized ROE
Net Income & Quarterly Annualized ROE Net Income Breakdown ROA, ROE & ROTE 2,730 348 31.1% 2,144 108 1,791 112 128 252 22.9% 58 1,457 20.8% 53 189 143 28.7% 137 122 92 109 154 36 118 2,248 Net Income 15.1% 58 50* 20.4% 1,364 1,502 2Q26/2Q25 52.4% 17.5% 1,103 1,075 14.9% 2Q26/1Q26 87.4% 2.2% 2.6% 3.0
Slide 21: Sustainability
Sustainability Businesses with purpose Sustainability framework Economic Social COP 629 Tn - Our goal for 2030* Bam’s 100th aniversary Merco Talento 2026 Bam celebrated its 100th 2020 COP 31.8 Tn** anniversary, highlighting a century of supporting Guatemala’s economic development and reinforcing its
Slide 22: Final Remarks - Guidance
© Grupo Cibest Final Remarks - Guidance 22
Slide 23: Our Guidance for 2026
Our Guidance for 2026 Loan Growth 7% - 8% NIM 7.4% - 7.6% CoR 1.6%-1.8% Efficiency Around 48% ROE 21%- 22% GDP Growth 2.6% Inflation Rate 6.4% Macroeconomic Assumptions Central Bank Policy Rate 12.75% Exchange rate COP 3,672 23
Slide 24: Final Remarks
One year after the transformation into Grupo Cibest, the results are compelling, delivering a 21.5% ROE in the fist half of 2026 and more than 90% increase in the CIB share price. Commitment to value unlocking: extraordinary dividend proposal further enhances returns to shareholders Expectation of a
Slide 25: Appendix
© Grupo Cibest Appendix 25
Slide 26: Share buyback program supports total shareholder return
Accumulated Results per type of Share Volume of Shares 20.5% % per type of Share Repurchased CIBEST 628,379 14.3% of the 2026 buyback PFCIBEST 3,244,439 73.8% program amount Share buyback repurchased as of June 30, 2026. CIB 526,152* 12.0% program supports total Total 4,398,970 shareholder return *A
Slide 27: The corporate evolution into Grupo Cibest unlocked significant value
The corporate evolution into Grupo Cibest unlocked significant value % Var. 110% 98% Price Performance CIBEST & PFCIBEST (October 29, 2024 – June 30, 2026) CIBEST PFCIBEST Feb 23: CIBEST Stock Inclusion in the FTSE Large Cap Index Apr 21: Share Buyback CIBEST: COP $ 97,500 Program Announcemen 2026 P
Slide 28: The corporate evolution into Grupo Cibest unlocked significant value (Cont.)
Valuation Metrics 2.22 1.93 1.66 1.76 1.68 1.36 1.43 1.19 1.08 1.15 The corporate evolution 2Q25 3Q25 4Q25 1Q26 2Q26 into Grupo Cibest P/BV CIBEST P/BV PFCIBEST unlocked significant value (Cont.) 1.74 1.69 1.43 1.09 1.15 2Q25 3Q25 4Q25 1Q26 2Q26 P/BV CIB 28
Slide 29: Investment Thesis
Investment Thesis Regional Value Development of Financial Creation Scalable Group Business Models We operate a flexible corporate We are a systemic player with access to We are a regional financial group structure that enables an efficient customer information, digital capabilities, that offers clie
Slide 30: Bancolombia Overview
Bancolombia Overview Market Share Colombia Key Financial Figures 28.2% 25.8% Bancolombia 27.2% 2Q25 1Q26 2Q26 25.9% ▪ NIM 7.4% 7.5% 8.4% 25.4% ▪ NII 4,048 4,456 5,182 16.0% 14.4% ▪ Net Fees Growth 5.2% 6.3% 10.1% Davivienda 15.0% 14.3% ▪ ROAE 16.5% 19.1% 36.1% 15.5% ▪ Efficiency 50.7% 51.5% 40.5% 12
Slide 31: BAM Overview
BAM Overview Market Share Guatemala Key Financial Figures 28.0% 2Q25 1Q26 2Q26 28.6% Industrial 26.0% ▪ NIM 4.6% 4.4% 4.9% 22.6% 29.3% ▪ NII 260.6 228.3 245.1 18.9% ▪ Net Fees Growth 39.2% 51.9% -14.4% Rural 22.8% 24.7% ▪ ROAE 6.0% 16.2% 20.1% 22.6% 24.6% ▪ Efficiency 50.4% 44.5% 42.2% 11.4% ▪ CoR 2
Slide 32: Banco Agrícola Overview
Banco Agrícola Overview Market Share El Salvador Key Financial Figures 24.7% 24.2% 2Q25 1Q26 2Q26 Banco Agrícola 25.3% 24.3% ▪ NIM 7.5% 6.9% 7.3% 23.3% ▪ NII 410.0 375.2 390.2 17.7% 17.2% ▪ Net Fees Growth 7.0% -25.9% 0.9% Cuscatlan (Citibank)* 17.5% 16.9% ▪ ROAE 20.0% 20.5% 19.9% 15.9% ▪ Efficiency
Slide 33: Disclaimer
Disclaimer This report corresponds to the interim unaudited consolidated financial information of GRUPO CIBEST S.A. and its subsidiaries (“CIBEST”) which CIBEST controls, amongst others, by owning directly or indirectly, more than 50% of the voting capital stock. This financial information has been
Slide 34: Grupo Cibest Financial Results 2Q26
Grupo Cibest Financial Results 2Q26 NYSE SSE Pee ethiey ines ‘SEP Global