Alior Bank Sa · GPW:ALR
Alior Bank Sa — Q2 2025 Earnings Presentation
39 slides from Alior Bank Sa's earnings presentation, Aug 12, 2025
Slide 1: Presentation of Results for 1H 25
PRESENTATION OF RESULTS FOR 1H 25 ALIOR BANK SA | AUGUST 6, 2025
Slide 2: Agenda
AGENDA 1 Operating activities 2 Credit risk 3 Financial results 4 Other issues 5 Tytuł piątego działu
Slide 3: Operating Activities
1 OPERATING ACTIVITIES
Slide 4: In 2Q 25 Alior Bank improved its financial results
IN 2Q 25 ALIOR BANK IMPROVED ITS FINANCIAL RESULTS In 2Q 25, revenues amounted to PLN bn 1.52 (+6% y/y) The number of customers with a main relationship • net interest income amounted to PLN bn 1.29 (+4% y/y) was 1.64 mn (81 k more than at the end of 2Q 24) • net commission income amounted to PLN mn
Slide 5: Alior Bank on a path of dynamic growth
ALIOR BANK ON A PATH OF DYNAMIC GROWTH Assets (PLN bn) Deposits* (PLN bn) Gross Performing Loans** (PLN bn) +10% +8% +4% 99,5 79,6 62,5 73,7 60,0 90,1 2Q 24 2Q 25 2Q 24 2Q 25 2Q 24 2Q 25 C/I 2Q 25 NIM 2Q 25 ROE 2Q 25 COR 2Q 25 TCR 2Q 25 36.1% 5.74% 22.0% 0.20% 16.97% +0.4 pp. y/y -0.08 pp. y/y -1.9
Slide 6: Strong growth in the number of relationship customers
STRONG GROWTH IN THE NUMBER OF RELATIONSHIP RETAIL CUSTOMERS CUSTOMERS Number of relationship customers (mn) Users of Alior Bank mobile app (mn) +5% / +81 k +13% / +173 k 1,64 1,62 1,60 1,38 1,43 1,49 1,52 1,34 1,58 1,56 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Share of mobile app
Slide 7: Significant increase in mortgage sales
SIGNIFICANT INCREASE IN MORTGAGE SALES RETAIL CUSTOMERS Balance of assets of retail customers (PLN bn) Gross loans to retail customers (PLN bn) +10% +4% 69,9 69,9 63,4 64,1 65,8 6,9 7,0 6,2 6,3 6,0 5,9 40,6 40,6 41,1 41,6 42,3 5,4 0,4 0,3 6,3 1,1 4,2 0,7 4,9 0,6 15,1 15,3 15,1 14,2 13,8 20,0 20,3 20
Slide 8: Improvement in the structure of the loan portfolio in the business customer segment
IMPROVEMENT IN THE STRUCTURE OF THE LOAN PORTFOLIO BUSINESS CUSTOMER IN THE BUSINESS CUSTOMER SEGMENT* Loan volume of Business Customers (PLN bn) Loan volume of Business Customers (PLN bn) non-performing portfolio -0.3% -6% 17,5 17,4 17,5 17,5 17,4 2,8 2,8 2,8 2,7 2,6 II kw.24 2Q 24 III kw.24 3Q 24
Slide 9: An increase in deposit volumes
AN INCREASE IN DEPOSIT VOLUMES BUSINESS CUSTOMER Deposit volume of Business Customers (PLN bn) Active debit cards +7% +4% 21,9 22,6 22,8 21,3 21,3 105,7 109,2 109,2 110,5 110,1 II kw.24 2Q 24 III kw.24 3Q 24 IV kw. 4Q 24 24 1QI kw. 25 25 II 25 2Q kw.25 II2Qkw 2424 III 3Qkw24 24 IV 4Q kw 24 24 I kw 1
Slide 10: Alior Leasing's portfolio reached almost PLN bn 6.8 and grew by 6% y/y
ALIOR LEASING'S PORTFOLIO REACHED ALMOST PLN BN 6.8 AND GREW BY 6% Y/Y Lease and loans portfolio (PLN mn) Sale of leases and loans (PLN mn) +6% +12% +2% +11% 6 785 6 577 6 624 840 819 6 411 6 435 731 739 704 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 • Alior Leasing's sales in 2Q 25
Slide 11: Strategy for sustainable financing of the energy transformation in 1H 2025
STRATEGY FOR SUSTAINABLE FINANCING OF THE BUSINESS CUSTOMER ENERGY TRANSFORMATION IN THE FIRST HALF OF 2025 Financing Public support energy transformation instruments In cooperation with BGK, we have introduced for: • businesses • housing communities and cooperatives • local governments an offer for
Slide 12: Social responsibility, awards received, and developing Alior Bank's image
SOCIAL RESPONSIBILITY, AWARDS RECEIVED, AND DEVELOPING ALIOR BANK'S IMAGE We build customer engagement - a new We have been awarded and distinguished 55 times sponsorship strategy Completed or planned events with the Alior Alior Bank was awarded a total of 55 times in nationwide Bank Music Spot zone
Slide 13: Credit Risk
2 CREDIT RISK
Slide 14: Stable and safe position of the bank: capital and liquidity surplus above regulatory minimums
STABLE AND SAFE POSITION OF THE BANK: CAPITAL AND LIQUIDITY SURPLUS WELL ABOVE REGULATORY MINIMUMS Regulatory ratios of Alior Bank Group Liquidity ratios: LCR, NSFR 21,78% 21,44% 257% 21,08% 20,51% 20,61% 20,23% 20,07% 227% 202% 18,45% 17,83% 18,27% 188% 191% 187% 17,46% 181% 17,31% 17,53% 17,11% 17
Slide 15: Cost of risk is in a trend of consistent improvement
COST OF RISK IS IN A TREND OF CONSISTENT IMPROVEMENT Alior Bank Group – cost of risk (CoR%) Alior Bank Group – NPL ratio 0 2,39% 2,80% 0 14,48% 13,16% 0 11,77% 1,60% 1,51% 0 9,80% 0,98% 8,58% 0 0,62% 0,47% 6,81% 0 6,18% 0 2019 2020 2021 2022 2023 2024 1-2Q 25 2019 2020 2021 2022 2023 2024 2Q 25 The
Slide 16: Gradual improvement of the quality of the loan portfolio
GRADUAL IMPROVEMENT OF THE QUALITY OF THE LOAN PORTFOLIO Impaired loans (PLN bn) NPL reserve coverage ratio* Cost of Risk – CoR%** 0,92% 00% 6 7,10% 0,74% 6,78% 6,81% 6,69% 5 00% 0,60% 6,18% 5 00% 51,1% 51,4% 51,9% 4 50,0% 50,4% 0,23% 0,20% 00% 4,32 4,45 4,27 4,22 4 3,94 00% 3 2Q 24 3Q 24 4Q 24 1Q 2
Slide 17: Financial Results
3 FINANCIAL RESULTS
Slide 18: Increase in total revenue due to improved net interest and commission income
INCREASE IN TOTAL REVENUE DUE TO IMPROVED NET INTEREST AND COMMISSION INCOME Total revenue (PLN mn) +51 (+2%) +84 (+6%) In 2Q 25, revenues amounted to PLN bn 1.52 • net interest income of PLN bn 1.29 (+4% y/y) • net commission income PLN mn 222 (+3% y/y) In the first half of 2025, revenues amounted
Slide 19: Income Statement
INCOME STATEMENT PLN mn 2Q 24 1Q 25 2Q 25 % y/y y/y % q/q q/q IH 24 IH 25 % y/y y/y Total Income 1 440,0 1 465,5 1 523,8 6% 83,8 4% 58,3 2 938,4 2 989,3 2% 50,9 Net interest income 1 244,3 1 284,8 1 289,1 4% 44,9 0% 4,4 2 513,7 2 573,9 2% 60,3 Net fee and commission income 216,6 209,3 222,3 3% 5,7 6
Slide 20: Net interest income supported by lower financing costs
NET INTEREST INCOME SUPPORTED BY LOWER FINANCING COSTS Interest income and expenses (PLN mn) Interest margin and financing cost* -1% +1% CoF NIM NIM - CoR NIM adj. *** 3 568 3 524 -1% 6,22% 6,32% 6,00% 5,88% 1 857 1 808 1 770 1 754 5,74% 859 859 1 745 6,20% 424 5,82% 417 423 429 430 Other Interest I
Slide 21: Net fees and commissions income
NET FEES AND COMMISSIONS INCOME Net Fees and Commissions Income (PLN mn)* 0% +3% 433 Bank accounts, transfers, cash +6% 432 221 222 operations (net) 217 213 209 87 86 -1% y/y 44 45 Bancassurance (net) 44 44 41 +2% y/y 40 32 -19% y/y 20 16 20 19 16 -17% y/y -9% y/y Leasing, loans and advances 124 112
Slide 22: Lower growth of operating expenses influenced by reduced inflationary pressure
LOWER GROWTH OF OPERATING EXPENSES INFLUENCED BY REDUCED INFLATIONARY PRESSURE Operating costs (PLN mn) C/I ratio** +10% +7% C/I normalized*** C/I reported 1 165 -11% 1 059 86 616 586 550 - % y/y 42,0% 41 126 +111% y/y 75 11 38,6% 125 514 82 +1% y/y 473 62 65 +7% y/y 37,1% 61 304 38,8% 266 64 177 14
Slide 23: Why Alior Bank?
WHY ALIOR BANK? ▪ Consistent implementation of an ambitious strategy ▪ Market leader in Consumer Finance ▪ A distinctive, refreshed brand ▪ An agile business model built on modern technologies and a variety of distribution channels ▪ Stable and predictable costs of risk due to highly competent manag
Slide 24: Other Issues
4 OTHER ISSUES
Slide 25: The Polish central bank flips its policy under favorable inflation prospects
THE POLISH CENTRAL BANK FLIPS ITS POLICY UNDER FAVORABLE INFLATION PROSPECTS Moderate recovery is underway… … it is accompanied by diminishing wage pressure… 20 15,0 GDP growth (real, %, y/y) and its structure (pp), Poland Wages in the enterprise sector, Poland 15 10,0 10 5,0 5 0,0 0 - 5,0 -5 - 10,0
Slide 26: No materialization of extreme scenarios in international trade
NO MATERIALIZATION OF EXTREME SCENARIOS IN INTERNATIONAL TRADE Tariff wars have worsened the economic outlook However, the de-escalation of trade tensions has diminished recessionary threats Consensus GDP forecast for 4Q 25 (%, y/y 58 4,5 PMI Composite 56 4,0 3,5 54 3,0 52 2,5 50 2,0 1,5 48 1,0 46 0
Slide 27: Prospects for acceleration of recovery
PROSPECTS FOR ACCELERATION OF RECOVERY Investments in the foreground Further cautious monetary easing awaits us GDP growth with main components, Poland CPI and interest rates, Poland 15 16 14 10 6,9 12 5,3 3,7 3,6 10 5 2,9 8 6,75 0,2 5,75 5,75 -2,0 6 4,75 0 3,75 4 1,75 -5 2 0,10 3,6 2020 2021 2022 2
Slide 28: Alior Bank's investment services
ALIOR BANK’S INVESTMENT SERVICES Alior Bank’s Brokerage House Alior TFI In 2Q 25, the Brokerage House's net commission income In 2Q 25 Alior TFI maintained positive inflows to funds under its was significantly higher (+25%) than in the previous year management. At the end of June 2025, TFI had asset
Slide 29: An offer close to our customers
AN OFFER CLOSE TO OUR CUSTOMERS Alior Bank offers a payment ring – a Alior Bank offers up to PLN 60 k functional gadget in the form of elegant gross of support for entrepreneurs jewelry that works like a payment card – all opening new partner outlets – the you must do is hold it up to the terminal.
Slide 30: Gross structure of the loan portfolio
GROSS STRUCTURE OF THE LOAN PORTFOLIO Loan portfolio in total (PLN mn) Loan portfolio structure in total -1% +1% 67 560 66 331 66 991 60% 61% 62% 63% 63% 26 921 24 766 24 706 40% 39% 38% 37% 37% 40 639 41 565 42 285 2Q 24 1Q 25 2Q 25 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Retail Segment Corporate Segment Ret
Slide 31: The bank manages the deposit portfolio to optimize the cost of financing
THE BANK MANAGES THE DEPOSIT PORTFOLIO IN ORDER TO OPTIMIZE THE COST OF FINANCING (DATA IN PLN MN)* Structure of net liabilities to Customers Net liabilities structure - Retail Segment Net liabilities structure - Business Segment +8% +8% +1% +7% -1% 78 465 79 591 +7% 73 663 57 021 56 598 22 993 679
Slide 32: Asset structure of Alior Bank Group (PLN bn)
ASSET STRUCTURE OF ALIOR BANK GROUP (PLN BN) Alior Bank Group assets Receivables from Customers (net) +26% +14% +7% +2% 99,5 63,9 90,1 93,3 62,7 58,2 61,0 83,0 82,9 12,1 +74% YTD 56,2 57,6 78,6 7,0 10,3 22,9 22,9 8,7 8,3 23,4 -1% YTD 23,0 0% YTD 6,7 23,6 21,8 22,4 18,8 22,3 15,7 16,1 17,0 63,9 +2% Y
Slide 33: Liability structure of Alior Bank Group (PLN bn)
LIABILITY STRUCTURE OF ALIOR BANK GROUP (PLN BN) Alior Bank Group liabilities Liabilities to Customers* +26% +21% +7% +3% 76,9 79,6 73,1 0,7 99,5 71,5 70,0 0,7 +11% YTD 93,3 65,8 0,5 0,5 90,1 8,4 +63% YTD 0,5 7,4 8,9 83,0 82,9 5,2 0,6 7,9 +20% YTD 7,8 5,4 5,5 78,6 5,6 4,3 5,7 15,1 6,7 15,1 0% YTD 6,
Slide 34: Consolidated statement of the financial standing of the Alior Bank Group
CONSOLIDATED STATEMENT OF THE FINANCIAL STANDING OF THE ALIOR BANK GROUP (PLN MN) 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 % q/q q/q % y/y y/y Total assets 90 146,8 91 183,3 93 293,5 96 589,4 99 467,6 3% 2 878,2 10% 9 320,8 Cash and cash equivalents 2 077,9 3 265,3 2 123,4 5 357,5 5 530,4 3% 172,9 166% 3 452,5
Slide 35: New sale of loans (PLN mn)
NEW SALE OF LOANS (PLN MN) Sales in the Business Customer Segment* +13% +14% 3 069 2 891 2 833 2 642 2 446 2 347 2 432 2 312 1 999 1 885 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Sales in the Retail Customer Segment +33% 5 355 +6% 4 557 4 717 4 455 4 448 1 910 3 899 1 301 1 346 3 5
Slide 36: Additional information
ADDITIONAL INFORMATION Employment (FTEs) Alior Bank’s branches -341 -25 -5% -150 -5% 7 247 -2% -6 7 194 7 106 -1% 7 055 6 906 519 512 507 493 530 514 487 497 486 58 53 480 -9% y/y 177 176 176 -5% y/y 175 168 6 659 6 627 6 609 6 569 6 425 -4% y/y 335 336 331 318 319 -5% y/y 2Q 24 3Q 24 4Q24 1Q 25 2Q
Slide 37: Alior Bank S.A. – stock performance, shareholding structure, ratings
ALIOR BANK S.A. – STOCK PERFORMANCE, SHAREHOLDING STRUCTURE, RATINGS Alior Bank’s share price compared to WSE indices (comparable data for 12 months) 130 Alior Bank share price : PLN 94.60 (data as of June 30, 2025) Capitalization: PLN bn 12.4 120 -7,6% y/y Value of shares in free float: PLN bn 5.5
Slide 38: Contact
CONTACT Contact data Investor Relations and Subsidiaries Supervison Department Address details e-mail: ir@alior.pl Alior Bank S.A. Departament Relacji Inwestorskich i Nadzoru Właścicielskiego ul. Łopuszańska 38D 02-232 Warszawa More information Next events: Internet Website • Results for 3Q 25 – Oct
Slide 39: Disclaimer
DISCLAIMER This data has been prepared by Alior Bank S.A. (“Bank”, “Company”) solely for the purpose of the Presentation. Any and all data that may constitute a projection for the Company’s future economic and financial results, contained in this presentation, has been prepared based on the Report o