Turkiye Sinai Kalkinma Bankasi A.s. · BIST:TSKB
Turkiye Sinai Kalkinma Bankasi A.s — Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q1 2026 Earnings Presentation
35 slides from Turkiye Sinai Kalkinma Bankasi A.s's earnings presentation, 2026
Slide 1: Corporate Banking Investment Banking Advisory Services
Corporate Banking Investment Banking Advisory Services
Slide 2: TSKB at a Glance
TSKB at a Glance 4 Turkey wis Bank Group Ratings TSKB UA Lyle oe Shareholding Z fakifban! Structure Fitch LTFC BB- BB- Free Float* & Other Moody’sLTIR Ba3 Ba3 SAHA Corporate Governance Rating yy *TRY 35bn MCAP . 5 Sustainalytics ESG te / As of June 182026 Risk Rating Ys CORPORATE BANKING INVESTMENT
Slide 3: A Unique Business Model
A Unique Business Model = Long term tenor in liabilities: 9.5 years * Medium term in assets: S years = Diversified funding tools = Amortized loan book = Multi-disciplinary assessment during allocation . = Sector specific research Prudent Credit analysts during Risk Assessment allocation and monitori
Slide 4: Main Stakeholders of the Bank
Main Stakeholders of the Bank A trustworthy partner in; Large Corporates, MidCap Companies & SME's Its field experience Cooperation in various areas such as; corporate loans, investment banking activities and advisory services Ministry of Treasury and Finance Its capacity to introduce innovative the
Slide 5: Sustainability is Well Integrated into Our Business Model
Sustainability is Well Integrated into Our Business Model health and safety © Supporting less developed regions Support for employment in Turkey; ® Encouraging women participation to the economy PRB Support transition to low ye carbon economy © Providing financing to operational Environmental & Soci
Slide 6: TSKB Sustainability Journey - I
TSKB Sustainability Journey - | 2010 First Turkish bank to become.a member of ‘the UN Global Compact YY subsidiary operating in the fiekd of sustainability consultancy 2016 First green/sustainable bond in Turkiyeand CEENEA eg sued 2020 = The works frst sustainable ficbain paar lease certificate issu
Slide 7: TSKB Sustainability Journey - II
TSKB Sustainability Journey - Il TSKB's 3rd Sustainable Bond Issuance Publication of the Climate Change Combat and ‘Adaptation Policy Publication of the frst TOFD Recommendations compliant Climate Rsk Report in the Turkish financial sector Expansion of the ERET Model to include Business Loans 2022 L
Slide 8: 1Q26 Sustainable Banking Highlights
1Q26 Sustainable Banking Highlights 2025 Integrated Report Published 2025 Integrated Annual Report, which includes the sustainability report in line with the Turkish Sustainability Reporting Standards (TSRS). Nature and Biodiversity Policy Published Nature and Biodiversity Policy as a complementary
Slide 9: Recent developments boosting our quarterly performance
Recent developments boosting our quarterly performance Strong, frontloaded 6.3% Outstanding liquidity & well diversified funding capacity Differentiating profitabilit FX loan growth given EUR 150 mn of loan agreement on ‘g P y YY ratios: 4.5% NIM, and USD 817 mn of long-term targeting circular econo
Slide 10: Financial Guidance (Bank Only)
Financial Guidance 1Q26 YE26 Guidance Outlook (Bank Only) % % Growth FX Adjusted Loan Growth 6.3 Low Teens Upside Profitability Net Interest Margin 4.5 ~4.5 On track Fees & Commissions Growth 77 > 50 On track Return On Equity* 22.8 ~ 25 On track Efficiency OPEX Growth 60 > Average CPI On track Solve
Slide 11: TL 2.9 bn of solid quarterly net income was posted in 1Q26
11 TL 2.9 bn of solid quarterly net income was posted in 1Q26 with a qoq expansion of 36% Net Profit-TL mn — -— : 3,096 2860 Ly N \ [300 | [ | 2,098 ! Strong coverage base on j ™ | the top offree provision | ! stockin place to support j 10-25 4Q-25 10-26 | profitability = Free provisions released ™
Slide 12: Banking Sector vs TSKB
AP Banking Sector vs TSKB CAR Loans/Assets oe Total Coverage Ratio 18.9% Z 165% 52.8% 3.5% ie Banking Sector TSKB Banking Sector TSKB Banking Sector TSKB Cost to Income ROE NPL** 41.4% 27.0% 25.0% 24.7% Py 22% Banking Sector TSKB Banking Sector TSKB ey pss **TSKB has no NPL sales/write down Repo] |
Slide 13: Maturity Profile of External Debt - USD mn
Maturity Profile of External Debt - USD mn 400 -83 -100 - - - - -222 -409 -30 -353 -407 -600 -252 -300 -700 -1,100 -129 -1,600 -3,205 -2,100 -2,600 DFI Funding Eurobond & PP Money Market Funding Subordinated Debt Syndication & P/N etc. to 12 months 1 to 3 years 3 to 5 years >5 years
Slide 14: DFI funding breakdown by institution
IBRD 45.8% AIIB 12.0% JBIC 10.4% ✓ KfW 7.1% ✓ AFD* 6.4% ✓ EBRD* 5.6% EIB 3.2% ✓ IsDB 3.0% IFC* 2.9% • CDB 1.8% • • OeEB* 1.6% CEB 0.1%
Slide 15: Outstanding Project Themes Shaping Future Loan Book
VS Outstanding Project Themes Shaping Future Loan Book Energy and Resource Efficiency Women’s Employment and Equal Opportunity Renewable Energy Midcap Financing Supporting Exporters Regional Development Supporting Employment Sustainable Agriculture Industrial Development Sustainable Tourism Occupati
Slide 16: Sustaining Growth Through a Healthy Asset Base
16 Sustaining Growth Through a Healthy Asset Base Asset Composition - TL bn Total Loans-TL bn 256.1 235.9 190.2 4.7$ 5.2$ 10-25 4Q-25 10-26 10-25 4Q-25 10-26 mloans Securities = Cash&MM —_mNon EAs & Other Le ype 10-26 Loans by Currency Remaining Average Maturity - Years Ke | Weight TRY; “se 42.3% In
Slide 17: Risk Management Pillars
Risk Management Pillars Credit Risk * Monitoring the clients individually with analysing the financials * Preparing monitoring reports for the clients at least once a year * Keeping track of internal and external (if it is done) ratings of the customers, reviewing the internal ratings annually * Act
Slide 18: ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪
▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪
Slide 19: Loan book by sector
Electricity Generation 30,1% 9% Metal & Machinery 10.4% 18% 5% Chemistry & Plastics 6.1% 2% Logistics 5.8% 2% Electricity/Gas Distr. 5.5% 8% Construction Materials 5.4% • Food & Beverage 5.3% • 5% 21% • Finance 5.0% 11% 6% Health 4.9% • Textile 4.8% • Non-residential Real Estate 3.6% Tourism 2.7% Pa
Slide 20: Renewable energy loans by source
1.9 bn 1.9 bn 1.9 bn 1.9 bn 1.7 bn 1.6 bn 1.9 bn 7% 8% 11% 6% 15% 21% 21% 21% 9% 11% 12% 6% 5% 9% 37% 39% 36% 37% 40% 47% 49% 20% 19% 19% 19% 17% 13% 12% 31% 24% 23% 17% 13% 14% 13% 2020 2021 2022 2023 2024 2025 2026 Hydro Geothermal Wind Biomass Solar • •
Slide 21: Total Provision and coverage by stage
1Q-25 4Q-25 1Q-26 Total Provision* (mn TL) 7,905 10,594 10,659 Stage 1 857 1,008 1,123 Stage 2 4,118 5,353 5,320 Stage 3 2,930 4,233 4,216 1Q-25 4Q-25 1Q-26 Total Coverage 4,2% 4,5% 4,2% Stage 1 0,5% 0,5% 0,5% Stage 2 33,6% 31,6% 32,3% Stage 3 90,3% 74,1% 74,1% • • • •
Slide 22: Securities portfolio breakdown
Strategic moves in the recent years started to pay off, contributing to the bank’s NII Total Securities Portfolio Breakdown TL Securities Portfolio Breakdown* TL47.4bn TL52.6bn TL 52.5 bn Z| | 19 r 47% in FX yy 48 years | 69% 26.7 r 53% in TL Ai Floating 1.8 years 10-25 4Q-25 10-26 10-25 4Q-25 10-26
Slide 23: Strong quarterly net profit supported by collections and lower provisions
Strong quarterly net profit was supported by collections and notable decline in the provision expenses TLmn Net Interest Income Trading Income/Loss Net Fees & Commissions Other Income (Inc. Dividend) Banking Income OPEX (-) Net Banking Income Provisions (-)* Income From Participations Tax Provisions
Slide 24: Annualized NIM and Evolution of NIM Components
Evolution of NIM Components (TL mn) Annualized NIM 1.2% 0.9% 0.8% 4.5% 4.7% 3.7% 1Q25 4Q25 1Q26 CPI-linker Impact Core NIM ✓ ✓ ✓ ✓
Slide 25: Capital Ratios, RWA and Equity, CAR Evolution
Capital Ratios Evolution of RWA and Equity – TL bn CAR Evolution
Slide 26: Financial Guidance (Bank Only)
Financial Guidance YE26 Guidance (Bank Only) % Growth FX Adjusted Loan Growth Low Teens Profitability Net Interest Margin ~4.5 Fees & Commissions Growth > 50 Return On Equity ~ 25 Efficiency OPEX Growth > Average CPI Solvency Capital Adequacy Ratio ~19.0 Tier I Ratio ~18.0 Asset Quality NPL Ratio ~
Slide 27: 2S BS Q gf x
2S BS Q gf x
Slide 28: Appendix: Balance Sheet
28 Appendix: Balance Sheet 31.03.2025 31.12.2025 31.03.2026 eK TOTALS KOT KOT Cash and Banks 4376 7,229 11,604 9,818 14,142 23,961 7,706 15,135 22,841 Securities 26,718 20,679 47,397 28,567 24,011 52,579 28,036 24,442 52,478 Loans (Gross) 14,052 176,174.37 190,227 15,258 220,622 235,880 15,841 240,2
Slide 29: Appendix: Detailed Income Statement
Appendix: Detailed Income Statement TLmn 1Q25 4Q-25 19-26 QoQ YoY Net Interest Income inc. Swap Cost 3,151 3,962 3,465 -13% 10% Nil exc. CPI & Swap cost 2,857 4475 3,474 -22% 22% CPI Linkers Income 735 844 636 -25% -13% Swap Costs 440 -1,358 ~645 -53% 46% Net Fees & Commissions 71 124 126 1% 77% Oth
Slide 30: Appendix: Evolution of strategically managed Interest Earning Assets
30 Appendix: Evolution of strategically managed Interest Earning Assets Interest Earning Assets (bn TL) 317 239 296 v Interest Earning Assets were up by 7% QoQ and 33% YoY, which was driven by * High FX denomination * Growth strategy 0) 1Q-25 4Q-25 10-26 mLiquid Assets mSecurities =Loans
Slide 31: Appendix: Stage Loans Breakdown
31 Appendix: Stage 2 Loans Breakdown Sector Stage 2 Loans % Coverage (%) Electricity Generation 41 36 Non-residential Real Estate 34 22 Electricity/Gas Distribution 15 51 Telecom/Logistics 3 10 Automotive Supply Industry 3 30 Metal and Machinery 2 9 Health 1 50 Other 1 40 TOTAL 100 32 66% of Electri
Slide 32: Provisions and Cost of Risk 1Q26
Provisions (TL mn) 1Q26 Stage 1* 76 Stage 2** -38 Stage 3 17 Reversals*** (TL mn) -34 Net CoR 8 bps Currency Impact 17 bps Net CoR excl. Currency Impact -9 bps
Slide 33: SDG-linked Financing and Climate Financing Disbursements vs Targets
$1 3500 SDG-linked Financing 15 Social Financing 3 $15 100% Climate Financing 5 $1 3000 90% 71% 80% $5 100% 2500 90% 70% $4 $1 80% 47% 2000 $10 52% 52% 70% 43% 43% 60% 50% $3 43% 40% 60% $0 1500 28% 40% 50% 22% $5 14% 30% $2 18% 40% 1000 30% 20% $0 10% $1 20% 500 10% $0 0% $0 0%$0 0 2021 2022 2023 2
Slide 34: Appendix: ESG Ratings
Appendix: ESG Ratings L SUSTAINALY TICS FTSE4Good Constituent company in the FTSE4Good Index Series (YX | Sustainable / Fitch Sustainable Fitch 3 (62/100) First place in Turkiye Above global average ROY LSEG Rikivics Listed in Global 100 Most LSEG ESG Score Sustainable Corporations in the 84 PIII II
Slide 35: Disclaimer
This presentation document is prepared for informational purposes only and contains certain forward-looking comments, opinions, and forecasts. These reflect the views of Türkiye Sınai Kalkınma Bankası A.Ş. ("TSKB") as of the date of this presentation and contain certain assumptions. Although the inf
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