I&m Group Plc · NSEKE:IMH
I&m — HY 2026 Earnings Presentation
49 slides from I&m's earnings presentation, August 2026
Slide 1: Investor Presentation HY 2026
Investor Presentation HY 2026 Investor Presentation
Slide 2: Our Regional Footprint
Our Regional Footprint Our Regional Footprint 119 Branches Kenya Uganda Rwanda • 808,400+ Customers • 66,200+ Customers • 139,500+ Customers • 73 Branches • 12 Branches • 20 Branches 156 • 79 ATMs • 14 ATMs • 42 ATMs ATMs • 2,305 Staff • 331 Staff • 564 Staff Over 1M Total Customers Over 3,800 Staff
Slide 3: iMara 3.0 Strategy (2024-2026)
iMara 3.0 Strategy (2024-2026) Long Term Eastern Africa’s Leading Financial Partner for Growth Ambition Best Bank for >90 % 3 Year Impact +10 Mn Lives Customer Experience Digitally Active Objectives Impacted (NPS>70%) Customers 1 2 3 Our Develop Leadership in Build Relevance in Emerging Customer Bec
Slide 4: Our North Star
Our North Star Our North Star 2026 Aspiration HY 2026 +20% 17% Return on Equity Develop Leadership in our +90% 92% Core Segments Digitally Active Customers (Corporate & Commercial) + +70% 73% Net Promoter Score Build Relevance in Emerging Customer Segments >1 1.1 Million (Retail & SMEs) + Million Cu
Slide 5: Our Key Successes – iMara 3.0
Our Key Successes –iMara 3.0 Our Key Successes –iMara 3.0 Customer Numbers Revenue Contribution from New Business HY 2025 HY 2026 HY 2025 HY 2026 +851K 1.1M 24% 25% Net Promoter Score Subsidiary PBT Contribution HY 2025 HY 2026 HY 2025 HY 2026 >17.9 Million 77% 73% 25% 33% Lives Impacted (inc. 1.1mn
Slide 6: Group Highlights
Group Highlights HY 2026 Group Highlights
Slide 7: Macroeconomic Overview: 2026 Growth Outlook
ACROECONOMIC OVERVIEW The Region’s macroeconomic outlook for 2026 remains cautiously positive following the middle East MACROECONOMIC OVERVIEW isis , but underpinned by strong regional growth, easing inflation, expanding infrastructure investment, and digital ansformation. 2026 Growth Outlook 5.8% –
Slide 8: Regional Macroeconomic Highlights
Regional Macroeconomic Highlights Rising Energy prices & Middle Strong Regional Economic East Conflict Growth High Public Debt & Moderating Inflation & Easier Debt Service Burden Monetary Conditions Tailwinds Climate Change & Agricultural Infrastructure & Energy Vulnerability Regional Investments Hi
Slide 9: Group Income Statement
Group Income Statement Total Operating Income (KES Bn) Profit Before Provisions (KES Bn) ❑ Overall operating income grew strongly, supported by 18.7 broad-based growth in both net interest income and 33.7 15.4 non-interest income, reflecting continued business 27.4 23% 22% momentum and diversified r
Slide 10: Group Balance Sheet
Group Balance Sheet Total Assets (KES Bn) Customer Deposits (KES Bn) ❑ The Group balance sheet expanded strongly 746 505 supported by a 15% loan book growth and 589 27% 429 continued investments in Government 564 419 18% securities. 4% 2% ❑ AssetFocus on asset quality led to the gross NPLs declining
Slide 11: Group Loans & Advances
Group Loans & Advances Sectoral Breakdown of Loans & Advances Sectoral Contribution of Gross NPLs Others Manufacturing Others 9% (11%) Manufacturing ,26% (29%) Agriculture 13% (13%) ,20% (24%) Agriculture 6% (6%) 5% (6%) Real Estate 6% (8%) Real Estate 13% (16%) Transport and Transport and Trade, 18
Slide 12: Group Customer Deposits
Group Customer Deposits Customer Deposits by Deposit Type CASA Contribution Savings, 5% (5%) Demand, Call , 4% (5%) 48% (42%) 51% 53% 47% Term, 43% (48%) 49% 47% 53% HY2024 HY 2025 HY 2026 CASA High Cost Deposits Customer Deposits by Currency ❑ CASA ratio improved from 47% to 53% on the back of stro
Slide 13: Strong Liquidity and Capital Position across Subsidiaries
Strong Liquidity and Capital Position across Subsidiaries Liquidity Ratio Capital Adequacy Ratio 57.5% 21.1% 19.8% 52.0% 18.0% 17.6% 6.6% 46.3% 5.3% 3.0% 15.3% 3.1% 40.6% 37.5% 2.8% 32.0% 26.3% 20.6% 23.6% 3.6% 14.5% 15.0% 14.5% 14.5% 12.5% 20% 20% 20% 20% 20% Kenya Rwanda Tanzania Uganda Mauritius
Slide 14: Segment Highlights
Segment Highlights HY 2026 Segment Highlights 14
Slide 15: Group Segment Contribution
Group Segment Contribution Operating Income (KES Bn) Contribution to Operating Income 22.7 27.4 33.7 0.5 2% 6.7 9.5 24% 28% 13.2 -7% 14% 58% 12.3 14.0 45% 42% 9.1 -7% 22% 40% 8.4 10.2 31% 30% HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 Corporate & Institutional Banking Retail & Business Banking Other Income
Slide 16: Developing Leadership in our Core Segment: CIB
Developing Leadership in our Core Segment Corporate & Institutional Banking (CIB) Segment Revenue KES 10.2 Bn Contribution to Total KES 6.1 Bn Operating income Generated through Cross border business 30% development initiative New Target Growth Areas 30% Oil & Gas Sector Public Sector China Desk Lea
Slide 17: Financial Contribution: Corporate & Institutional Banking (CIB)
Financial Contribution: Corporate & Institutional Banking (CIB) Operating Income (KES Bn) CIB Contribution to Total Operating Income 10.2 40% 9.1 8.4 31% 30% 22% ❑ Strong growth in operating income supported -7% by robust upward trend across subsidiaries, particularly Uganda and Tanzania. ❑ Contribu
Slide 18: Building Relevance in Emerging Customer Segment: RBB
Building Relevance in Emerging Customer Segment Retail & Business Banking (RBB) Accelerating Growth through Distribution Customer Centric Product Channels Innovation 4% 156 150 28% 8% 119 110 Growth in Customer Numbers Building Scale and Relevance in Emerging Customer Segment No. of Branches No. of
Slide 19: Financial Contribution: Retail & Business Banking (RBB)
Financial Contribution: Retail & Business Banking (RBB) Operating Income (KES Bn) RBB Contribution to Total Operating Income 14.0 58% 13.2 14% 45% 42% 12.3 -7% ❑ Operating income increased by 14% driven by subsidiary performance, particularly Rwanda and Uganda. HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 ❑
Slide 20: Becoming a Leader in Ecosystems
Becoming a Leader in Ecosystems 16.8Mn 9.2% >KES 15.7Bn Lives Contribution to Total Lending in Short Term Impacted Operating Income Loans 2025 Achievements ❑ Digital business and Ecosystem partnerships accounted for 21.7% (HY Payments Digital services lending 2025:14%) of RBB’s total operating incom
Slide 21: Investing For Growth
Investing For Growth Digitization People Brand Metric HY HY Metric HY 2025 HY 2026 Metric HY 2025 HY 2026 2025 2026 Investment in Investment in Brand Investment in People/Total Operating 42% 41% /Total Operating 3% 3% Technology/Total Capital 10% 11% Expenses Expenses Expenditure Gender Diversity Sc
Slide 22: Creating Impact
Creating Impact Enhancing the Quality of Life 1,450,150 686 Total number of Number of scholarships trees grown provided c.KES 269Mn Invested in impact initiatives c.519K >22K Lives impacted via Women and youth these initiatives empowered 22
Slide 23: Recognition: Living Our Brand Promise – Awards
Recognition: Living Our Brand Promise ‘On Your Side’ – Awards 23
Slide 24: Group Summary Highlights
Group Summary Highlights Group Summary Highlights Operating Income (KES) Profit Before Tax (KES) Profit After Tax (KES)* 33.7bn 13.5 bn 10.2 bn +23% +15% +22% *PAT before non-controlling interest Net Loans & Advances (KES) Customer Deposits (KES) Cost of Risk 334 bn 505 bn 3.6% Absolute +15% +18% +0
Slide 25: Subsidiary Highlights
Subsidiary Highlights HY 2026 Subsidiary Highlights 25
Slide 26: Geographical Diversification
Geographical Diversification PBT Percentage Contribution by Regional Subsidiaries Subsidiary PBT Contribution Breakdown Bank One, 2.7% (3.7%) 26% 25% 33% Rwanda, 19.7% (14.4%) Tanzania, 5.3% (5.1%) 74% 75% 67% Uganda, 5.5% (1.9%) Kenya, 67.0% HY 2024 HY 2025 HY 2026 (74.7%) Kenya Regional Banking Su
Slide 27: Kenya
Kenya Real GDP Growth Kenya’s GDP grew 5.3% in Q1 2026 (Q1 2025:4.9%), driven by stronger manufacturing activity and continued tourism recovery. Headline Inflation Inflation eased to 6.4% in June 2026, remaining within the CBK target range. Monetary Policy: Monetary policy was maintained, with the C
Slide 28: Kenya: Contribution to Profit Before Tax
Kenya 67% (HY 2025:75%) Contribution to Profit Before Tax Total Operating Income (KES Bn) Loan Loss Provision Expense (KES Bn) Profit Before Tax (KES Bn) 4.2 8.2 8.3 21.4 18.7 14% 34% 0% 3.2 6.3 15.4 21% 2.6 21% 31% HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 Key Ratios HY 2024 HY 2025 FY
Slide 29: Kenya: Contribution to Total Assets
Kenya 69% (HY 2025:71%) Contribution to Total Assets Total Assets (KES Bn) Net Loans & Advances (KES Bn) Customer Deposits (KES Bn) 356 505 231 409 411 23% 9% 13% 1% 217 -3% 0% 211 314 315 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 ❑ Balance sheet continued to grow on the back of an incre
Slide 30: Kenya Wealth Management Business
Kenya Wealth Management Business Assets Under Management (KES Bn) Total Revenue (KES Mn) 127 481 81% 145% 70 196 268% 367% 19 42 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 ❑ Strong overall revenue growth achieved during the year driven by robust growth in AUM. ❑ Wealth Fund, USD Fixed-Income products and o
Slide 31: Kenya Bancassurance Business
Kenya Bancassurance Business Total Revenues (KES Mn) Profit Before Tax (KES Mn) 425 527 49% 272 56% 353 248 305 15% 10% HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 ❑ Revenue increased by 50%, underpinned by a 53% growth in commission income, reflecting successful new client onboarding and sustained momentum
Slide 32: Tanzania
Tanzania Real GDP Growth Tanzania’s GDP grew 6% in Q1 2026, supported by services, construction and mining sectors. Headline Inflation Inflation eased to 4% in June 2026, reflecting a stable price environment. Monetary Policy: The Bank of Tanzania maintained the Central Bank Rate at 5.75% amid stabl
Slide 33: Tanzania: Contribution to Profit Before Tax
Tanzania 5% (HY 2025: 5%) Contribution to Profit Before Tax Total Operating Income (KES Bn) Loan Loss Provision Expense (KES Bn) Profit Before Tax (KES Bn) 0.9 3.5 0.6 0.6 2.5 37% 116% 8% 0.4 1.8 0.4 40% 0.3 31% 43% HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 Key Ratios HY 2024 HY 2025 FY
Slide 34: Tanzania: Contribution to Total Assets
Tanzania 7% (HY 2025: 7%) Contribution to Total Assets Total Assets( KES Bn) Net Loans & Advances (KES Bn) Customer Deposits (KES Bn) 28 36 50 24 32 42 22 29 37 18% 16% 14% 14% 11% 10% HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 Key Ratios HY 2024 HY 2025 FY 2025 HY 2026 ❑ Total assets gre
Slide 35: Rwanda
Rwanda Real GDP Growth Rwanda’s GDP grew 10% in Q1 2026, supported by industry, services and agriculture sectors. Headline Inflation Inflationary pressures remained elevated, with inflation increasing to 13.6% in June 2026. Monetary Policy: In response to rising inflation, the National Bank of Rwand
Slide 36: Rwanda: Contribution to Profit Before Tax
Rwanda 20% (HY 2025: 14%) Contribution to Profit Before Tax Total Operating Income (KES Bn) Loan Loss Provision Expense (KES Bn) Profit Before Tax (KES Bn) 0.5 5.0 0.5 2.4 0.4 3.8 32% 30% 53% 3.5 1.6 9% -16% 1.3 19% HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 Key Ratios HY 2024 HY 2025 FY
Slide 37: Rwanda: Contribution to Total Assets
Rwanda 16% (HY 2025: 14%) Contribution to Total Assets Total Assets (KES Bn) Net Loans & Advances (KES Bn) Customer Deposits (KES Bn) 56 119 78 44% 43% 41% 40 82 35 55 77 52 7% 13% 8% HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 Key Ratios HY 2024 HY 2025 FY 2025 HY 2026 ❑ Total assets grew
Slide 38: Uganda
Uganda Real GDP Growth Uganda’s GDP grew 5.8% in Q3 2025/26, supported by services, agriculture and industry sectors. Headline Inflation Inflation rose modestly to 3.7% in June 2026, remaining below Bank of Uganda's 5% target. Monetary Policy: The Bank of Uganda retained the Central Bank Rate at 9.7
Slide 39: Uganda: Contribution to Profit Before Tax
Uganda 6% (HY 2025: 2%) Contribution to Profit Before Tax Total Operating Income (KES Bn) Loan Loss Provision Expense (KES Bn) Profit Before Tax (KES Bn) 2.2 0.06 0.7 45% 225% 1.5 171% 153% 1.4 3% 23% 0.2 -0.04 0.2 -0.10 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 ❑ Strong revenue momentum
Slide 40: Uganda: Contribution to Total Assets
Uganda 8% ( 2025: 7%) Contribution to Total Assets Total Assets (KES Bn) Net Loans & Advances (KES Bn) Customer Deposits (KES Bn) 19 40 58 44% 15 23% 30% 31 40 25 34 10 19% 44% 21% HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 Key Ratios HY 2024 HY 2025 FY 2025 HY 2026 ❑ Total Assets expande
Slide 41: Mauritius
Mauritius Real GDP Growth Mauritius’ GDP grew moderately by 2% in Q1 2026, reflecting weaker consumption, with government consumption declining 3.3%. Headline Inflation Inflation increased to 4.1% in June 2026 as a result of higher prices of food and energy. Monetary Policy: In response to rising in
Slide 42: Mauritius: Contribution to Profit Before Tax
Mauritius 3% (HY 2025: 4%) contribution to Profit Before Tax Total Operating Income (KES Bn) Loan Loss Provision Expense (KES Bn) Profit Before Tax (KES Bn) 3.1 0.9 0.9 2.8 0.53 2.5 14% 305% 0.7 -3% -19% -92% 25% 0.08 -0.04 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 ❑ Increase in the tota
Slide 43: Mauritius Balance Sheet
Mauritius Balance Sheet Total Assets (KES Bn) Net Loans & Advances (KES Bn) Customer Deposits (KES Bn) 82 162 166 184 188 2% 15% 132 3% 153 21% 41% 22% 73 71 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 HY 24 HY 25 HY 26 Key Ratios HY 2024 HY 2025 FY 2025 HY 2026 ❑ Total Assets grew by 2% year-on-year, suppo
Slide 44: Financial Summary
Financial Summary HY 2026 Financial Summary 44
Slide 45: Group Summary Highlights
Group Summary Highlights Group Summary Highlights Operating Income (KES) Profit Before Tax (KES) Profit After Tax (KES)* 33.7bn 13.5 bn 10.2 bn +23% +15% +22% *P AT before non-controlling interest Net Loans & Advances (KES) Customer Deposits (KES) Cost of Risk 334 bn 505 bn 3.6% Absolute +15% +18% +
Slide 46: Financial Metrics
Financial Metrics Earnings Per Share (KES) 5.3 Share Price Movement (KES) 4.4 90.00 77.00 3.3 20% 80.00 36% 70.00 60.00 42.50 50.00 36.00 40.00 HY 24 HY 25 HY 26 30.00 17.45 20.00 10.00 Book Value Per Share (KES) - 69 61 50 12% 21% ❑ The share price closed at KES 77.00 on 25th August 2026; represent
Slide 47: Medium Term Outlook
Medium Term Outlook Medium Term Outlook Loan Growth HY 2026 Medium Term Subsidiary PBT Contribution Develop Leadership in our 15% 12%-18% Core Segments HY 2026 Medium Term (Corporate & Commercial) 33% 25%-30% Deposit Growth HY 2026 Medium Term Return on Equity 18% 15%-20% HY 2026 Medium Term 17% 18%
Slide 48: Disclaimer
Disclaimer The contents herein have been presented in good faith. The information, statements and opinions set out in this presentation and subsequent discussion do not constitute a public offer for the purposes of any applicable law or an offer to sell or solicitation of any offer to purchase any s
Slide 49: Thank You
Thank You Merci Webale Murakoze Asante Thank You Merci Webale Murakoze Asante I&M GROUP PLC 1 PARK AVENUE 1ST PARKLANDS P.O. BOX 30238 – 00100 TEL: +254 (0)20 3221000 Investor-Relations@imgroup-plc.com 49