Kbc Group N.v. · EURONEXT:KBC
Kbc — Q4 2025 Earnings Presentation
79 slides from Kbc's earnings presentation, Feb 12, 2026
Slide 1: Analysts' presentation FY 2025 / 4Q 2025
1 of 79 KBC Group Analysts’ presentation FY 2025 / 4Q 2025 The webinar link is available on www.kbc.com More information: www.kbc.com KBC Group - Investor Relations Office: IR4U@kbc.be
Slide 2: Highlights
Highlights • Commercial bank-insurance franchises performed excellently Net result of 1,003m EUR over 4Q25 2 of 79 • KBC Group is well-positioned being an integrated bank-insurer with tailored AM business that has a highly diversified income (50% NII and 50% non-NII of FY25 total income) NET RESULT
Slide 3: Strategic focus
Strategic focus | Sia Partners again ranked KBC Mobile the N°1 mobile banking app worldwide 3 of 79 Unique integrated bank- Successful digital-first Firmly embedded insurance model approach through KATE sustainability strategy • We offer an integrated response to our clients’ • Our digital interacti
Slide 4: Strategic focus: the reference of bank-insurance
Strategic focus | The reference 4 of 79 Profitability With a Return on Tangible Equity of 16% in FY25 KBC is one of the most profitable EU financial institutions Solvency With an unfloored fully loaded CET1 ratio of 14.9% at end FY25 KBC is amongst the better capitalised EU banks At KBC it is our am
Slide 5: Main exceptional items
Main exceptional items 5 of 79 4Q25 3Q25 4Q24 SK – Impairments – Modification losses -9m EUR HU –NOI – Legal case -28m EUR HU – Impairments – Modification losses -4m EUR IM BU BG – Opex – Integration costs Raiffeisenbank Bulgaria -4m EUR BG – Opex – EUR adoption costs -5m EUR Total Exceptional items
Slide 6: Much higher net interest income q-o-q, resulting in higher than guided FY25 NII
Much higher net interest income q-o-q, resulting in higher than guided FY25 NII 6 of 79 NET INTEREST INCOME NET INTEREST MARGIN* in m EUR in %, calculated excluding dealing room, ALM FX swaps & repos 1,608 1,509 1,527 1,394 1,433 1,421 116 Insurance 1,369 1,379 121 112 95 110 106 106 102 Banking 2.0
Slide 7: Inflow of core customer money
Inflow of core customer money 7 of 79 CUSTOMER MONEY DYNAMIC OVER 4Q25 CUSTOMER MONEY DYNAMIC OVER FY25 in bn EUR in bn EUR +4.5bn EUR +13.0bn EUR +2.9bn EUR -7.5bn EUR +9.8bn EUR +0.7bn EUR +6.0bn EUR 0.0bn EUR -2.9bn EUR -1.2bn EUR +3.8bn EUR +6.0bn EUR +0.4bn EUR +1.3bn EUR +2.7bn EUR -0.6bn EUR
Slide 8: Higher net fee and commission income, record-high net inflows in direct client money
Higher net fee and commission income, Record-high net inflows in direct client money in FY25 8 of 79 NET FEE & COMMISSION INCOME ASSETS UNDER MANAGEMENT in m EUR in bn EUR 700 707 725 300 690 667 292 641 12 16 269 276 273 280 614 623 11 12 Other 258 262 Investment 11 13 68 15 12 63 66 advice 292 Ban
Slide 9: Non-life sales up y-o-y, excellent life sales
Non-life sales up y-o-y, excellent life sales (up q-o-q and y-o-y) 9 of 79 NON-LIFE SALES LIFE SALES in m EUR in m EUR 1,065 1,013 77 Hybrid products 64 792 843 730 623 671 653 654 791 603 591 765 61 Guaranteed- 49 730 333 33 507 Interest 67 655 620 products 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 2
Slide 10: FIFV & IFIE result up q-o-q and net other income below the normal run rate
FIFV & IFIE result up q-o-q and net other income below the normal run rate 10 of 79 FIFV & IFIE NET OTHER INCOME in m EUR in m EUR 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 Dealing room 102 62 64 66 77 60 53 56 MVA/CVA/FVA 5 1 -24 -6 -1 0 5 -6 77 IFIE – mainly 67 -60 -60 -63 -66 -67 -67 -69 -72 58 int
Slide 11: Costs excluding bank & insurance taxes increased q-o-q, in line with guidance
Costs excluding bank & insurance taxes increased q-o-q, in line with guidance 11 of 79 OPERATING EXPENSES (INCLUDING COSTS DIRECTLY BANK AND INSURANCE TAX SPREAD 2025 ATTRIBUTABLE TO INSURANCE) in m EUR in m EUR Total Upfront Spread out over the year Total 1,646 4Q25 1Q25 2Q25 3Q25 4Q25 1Q25 2Q25 3Q
Slide 12: Overview of bank & insurance taxes
Overview of bank & insurance taxes* 12 of 79 KBC GROUP KBC Group BELGIUM BU in m EUR 666m EUR in m EUR BU BE 12.7% 356m EUR 539 12.2% 356 518 of FY25 opex** 317 17 of FY25 opex** 0 Resolution Fund* 27 Resolution Fund 0 contribution contribution Common bank & Common bank & 356 491 523 317 insur. taxe
Slide 13: Higher net loan loss impairment charges & excellent credit cost ratio
Higher net loan loss impairment charges & excellent credit cost ratio Higher impairments on ‘goodwill’ and ‘other’ 13 of 79 Other impairments ASSET IMPAIRMENT ECL for geopolitical and macroeconomic uncertainties CREDIT COST RATIO in m EUR; negative sign is a release in bps 60 *In FY20, an ECL buffer
Slide 14: Unfloored fully loaded Basel 4 CET1 ratio from 3Q25 to 4Q25
Unfloored* fully loaded Basel 4 CET1 ratio from 3Q25 to 4Q25 14 of 79 Q-O-Q VARIANCE OF CET1 CAPITAL in bn EUR +0.8 -0.8 19.2 +0.1 -0.1 19.1 +0.1 Unfloored fully loaded B4 common equity ratio amounted to 14.9% at the end of Jan 2012 FY25 based on the Danish Compromise 3Q25 (B4 DC) 4Q25 net result Pr
Slide 15: Strong capital position with substantial buffer to MDA
Strong capital position with substantial buffer to MDA 15 of 79 CAPITAL REQUIREMENTS AND DISTANCE TO MAXIMUM DISTRIBUTABLE AMOUNT (MDA) RESTRICTIONS AS AT 31DEC25 (FULLY LOADED, B4) in % Regulatory requirement 19.2 KBC Group 2.4 Tier 2 16.8 • P2R 1.95% (= Pillar II requirement) 1.10% to be met with
Slide 16: Leverage ratio, liquidity ratios and Solvency II ratio
Leverage ratio, liquidity ratios and Solvency II ratio 16 of 79 LEVERAGE RATIO | KBC GROUP LIQUIDITY RATIOS | KBC GROUP SOLVENCY II RATIO | KBC INSURANCE fully loaded in % in % Leverage LCR NSFR Solvency II ratio ratio 5.6% FY25 159% FY25 138% FY25 227% FY25 5.5% FY24 158% FY24 139% FY24 200% FY24 Q
Slide 17: Looking forward: Where are we coming from? Current baseline
Looking forward | Where are we coming from? Current baseline 17 of 79 Observing KBC’s current market guidance over the 2024-2027 horizon, • On Total income, combining the +7.5% guided y-o-y growth into 2025 with the +6.0% guided CAGR24-27 implied a projected annual growth of Total income of +5.3% fo
Slide 18: Looking forward: Changing elements and assumptions going into 2026
Looking forward | Changing elements and assumptions going into 2026 18 of 79 Beyond business development, the underlying P&L evolution that was indicated in last year’s long-term guidance is being impacted in two material ways: • FX impact • Both CZK and HUF have moved on an appreciation trajectory
Slide 19: Looking forward: FY26 OpEx and Total income guidance
Looking forward | FY26 OpEx and Total income guidance 19 of 79 TOTAL INCOME | DRIVERS TOWARDS 2026 Clearly, both M&A and FX effects have a benign impact on Total income, while negatively impacting the Operating Expenses line. +9.9% For full transparency, we show the expected impacts broken down +6.8
Slide 20: Looking forward: FY26 financial guidance
Looking forward | FY26 financial guidance 20 of 79 Our bank-insurance model is firing on all cylinders Note: all growth figures are based on reported 2025 figures 2026, organic growth 2026, full scope Total income at least +6.8% y-o-y at least +9.9% y-o-y Net interest income* at least 6,500m EUR at
Slide 21: Looking forward: FY28 financial guidance
Looking forward | FY28 financial guidance 21 of 79 Our bank-insurance model is firing on all cylinders Note: all growth figures are based on reported 2025 figures 2028 Total income* CAGR25-28 at least +7.7% Net interest income** CAGR25-28 at least +8.6% Jaws at least +3.4% Insurance revenues* (befor
Slide 22: Wrap-up: Digital-first, data-driven and AI-led integrated bank-insurer
Wrap-up | Digital-first, data-driven and AI-led integrated bank-insurer with tailored AM 22 of 79 Well-diversified, both geographically and from a business point of view • geographically … • Mature markets (BE, CZ) combined with growth markets (SK, HU, BG) • Robust market position in all key markets
Slide 23: Wrap-up
Wrap-up 23 of 79 Excellent financial Outstanding solvency Kate convinces Franchise is growing performance and liquidity customers net result loan customer CET1 ratio 6.0 million 1003m volumes deposits 4Q25 14.9% users 3568m 3.9% buffer in contact +7% +2% vs MDA with Kate y-o-y y-o-y FY25 return on N
Slide 24: Supplemental information & disclosures
Supplemental information & disclosures 24 of 79 BU & FY25 view (slide 25-47) Annexes (slide 48-76) • Belgium BU • Company profile • Czech Republic BU • KBC strategy • International Markets BU • Sustainability • Slovakia • Asset quality • Hungary • MREL & funding • Bulgaria • Group Centre BU • FY 202
Slide 25: Belgium BU (1)
Belgium BU (1) | Net result 25 of 79 NET RESULT in m EUR ROAC FY25 22% 64% of 79 One-off Allocated Capital 674 607 589 519 519 487 243 281 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 • The quarter was characterised by higher net interest income, higher net fee and commission income, lower sales of non-l
Slide 26: Belgium BU (2)
Belgium BU (2) | Net interest income 26 of 79 NET INTEREST INCOME NET INTEREST MARGIN in m EUR in % 1.94% 1.97% 1.94% 1.90% 1.87% 1.92% 1.88% 1.98% 900 898 956 809 831 828 837 830 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 • Increased by 10 bps q-o-q and by 7* bp
Slide 27: Belgium BU (3)
Belgium BU (3) | Credit margins in Belgium 27 of 79 PRODUCT SPREAD ON CUSTOMER LOAN BOOK | OUTSTANDING in % 1.3 1.2 1.1 1.0 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0.0 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4
Slide 28: Belgium BU (4)
Belgium BU (4) | Other income lines & cross-selling 28 of 79 NET FEE & COMMISSION INCOME INSURANCE in m EUR • Insurance sales: 1,302m EUR • Non-life sales (366m EUR) +7% y-o-y, due to premium growth in all classes, due to a combination of volume and tariff increases • Life sales (936m EUR) rose by 2
Slide 29: Belgium BU (5)
Belgium BU (5) | Opex & impairments 29 of 79 Other impairments OPERATING EXPENSES ASSET IMPAIRMENT ECL for geopolitical and macroeconomic uncertainties in m EUR in m EUR 984 Impairments on financial assets at AC and FVOCI 923 123 1 356 42 317 50 2 666 642 673 58 79 634 627 24 576 0 11 2 0 0 0 17 47
Slide 30: Czech Republic BU (1)
Czech Republic BU (1) | Net result 30 of 79 ROAC NET RESULT FY25 in m EUR 37% 16% of Allocated Capital 244 238 240 244 231 197 207 179 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 • The quarter was characterised by higher net interest income, stable net fee & commission income, stable sales of non-life a
Slide 31: Czech Republic BU (2)
Czech Republic BU (2) | Net interest income 31 of 79 NET INTEREST INCOME NET INTEREST MARGIN in m EUR in % 2.39% 2.42% 2.40% 2.46% 2.44% 2.44% 2.39% 2.36% 348 356 367 315 323 325 335 336 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 • Fell by 2* bps q-o-q and by 10 bps y-o-y for the reasons mentioned on n
Slide 32: Czech Republic BU (3)
Czech Republic BU (3) | Other income lines & cross-selling 32 of 79 NET FEE & COMMISSION INCOME INSURANCE in m EUR • Insurance sales: 206m EUR • Non-life sales (149m EUR) +12% y-o-y excl. FX, due to premium and volume growth in almost all classes • Life sales (57m EUR): o +4% q-o-q excl FX due entir
Slide 33: Czech Republic BU (4)
Czech Republic BU (4) | Opex & impairments 33 of 79 Other impairments OPERATING EXPENSES ASSET IMPAIRMENT ECL for geopolitical and macroeconomic uncertainties in m EUR in m EUR Impairments on financial assets at AC and FVOCI 255 250 256 250 253 17 26 235 1 230 1 1 Bank & 35 223 25 6 1 insurance taxe
Slide 34: International markets BU (1)
International markets BU (1) | Highlights 34 of 79 ROAC NET RESULT FY25 ORGANIC VOLUME TREND in m EUR 237 237 28% Total o/w retail Customer 224 19% of loans** mortgages deposits*** 205 205 Allocated Capital Volume (EUR) 34bn 14bn 36bn 76 175 90 94 Growth q-o-q* +3% +4% +5% 80 72 Bulgaria 146 135 Gro
Slide 35: International markets BU (2): Slovakia
International markets BU (2) | Slovakia 35 of 79 ROAC NET RESULT FY25 VOLUME TREND in m EUR 12% • Total customer loans rose by 1% q-o-q and by 9% y-o-y (the latter due to 6% of good growth in all segments) Allocated Capital • Total customer deposits rose by 5% q-o-q and by 4% y-o-y (both due mainly
Slide 36: International markets BU (3): Hungary
International markets BU (3) | Hungary ROAC 36 of 79 FY25 46% NET RESULT 6% of VOLUME TREND in m EUR Allocated Capital • Total customer loans rose by 6% q-o-q and by 11% y-o-y, both driven by growth in all segments • Total customer deposits evolved by +5% q-o-q and +6% y-o-y due to growth in all 122
Slide 37: International markets BU (4): Bulgaria
International markets BU (4) | Bulgaria 37 of 79 ROAC FY25 NET RESULT 28% VOLUME TREND in m EUR 8% of Allocated Capital • Total customer loans rose by 4% q-o-q and by 16% y-o-y due to growth in all segments • Total customer deposits rose by 5% q-o-q (due to growth in the retail 94 segment) and by 12
Slide 38: Group Centre BU
Group Centre BU | Highlights 38 of 79 NET RESULT in m EUR 215 HIGHLIGHTS (Q-O-Q), EXCLUDING IRELAND 316 • Excluding KBC Bank Ireland, the q-o-q lower result of 5 -2 -3 -3 -2 -2 -1 Group Centre was attributable mainly to: KBC Ireland • Higher operating expenses excluding bank & -59 -64 -67 insurance
Slide 39: FY25 | Highlights
FY25 | Highlights 39 of 79 NET RESULT Net result rose by 4% y-o-y from 3,415m EUR in 2024 to 3,568m EUR in 2025, mainly as a result of the in m EUR following: • Revenues rose by 9% y-o-y due mainly to higher net interest income, higher net fee and commission +4% income, higher insurance revenues (bo
Slide 40: FY25 | Overview of building blocks of the net result
FY25 | Overview of building blocks of the net result 40 of 79 NET RESULT | FY25 BUILDING BLOCKS in m EUR 12.200 -163 307 3.201 -4.706 2.789 -2.512 -75 -334 6 -1.010 3.568 6.065 NII NFCI Insurance FIFV & IFIE Other Total Opex (excl ISE Net result Impairments Other Income FY25 Net revenues Income Inco
Slide 41: FY25 | Higher net interest income and NIM
FY25 | Higher net interest income (better than guided) and NIM 41 of 79 NET INTEREST INCOME NET INTEREST MARGIN in m EUR in % 6,065 5,574 452 Insurance NII 417 -0.01%* +9% 2.09% 2.07% 5,614 Banking NII (incl. Holding) 5,157 FY24 FY25 • Decreased by 1* bp y-o-y as the increase in the interest-bearing
Slide 42: FY25 | Higher net fee and commission income and higher AUM
FY25 | Higher net fee and commission income and higher AUM & Record-high net inflows in direct client money 42 of 79 NET FEE & COMMISSION INCOME ASSETS UNDER MANAGEMENT in m EUR in bn EUR 2,789 300 2,578 54 276 Other Investment 49 68 +8% 62 +9% advice 1,187 Banking services 1,108 82 Fund-of-Funds 77
Slide 43: FY25 | Non-life sales significantly up y-o-y
FY25 | Non-life sales significantly up y-o-y 43 of 79 NON-LIFE SALES COMBINED RATIO (NON-LIFE) in m EUR in % +9% 2,769 90% 87% 2,547 FY24 FY25 2024 2025 • Up by 9% y-o-y, with growth in all countries and all classes, due to a combination • Non-life combined ratio for FY25 amounted to an excellent 87
Slide 44: FY25 | Life insurance sales significantly up y-o-y
FY25 | Life insurance sales significantly up y-o-y 44 of 79 LIFE SALES LIFE VALUE OF NEW BUSINESS (VNB*) in m EUR in m EUR 3,576 274 Hybrid products 7.3% 7.6% VNB/PVNBP** 2,906 197 +23% 1,501 Guaranteed interest products +13% 1,219 338 299 1,801 Unit-linked products 1,490 FY24 FY25 FY24 FY25 • Life
Slide 45: FY25 | Slightly higher FIFV result and higher net other income
FY25 | Slightly higher FIFV result and higher net other income 45 of 79 FIFV & IFIE NET OTHER INCOME in m EUR in m EUR Dealing room 294 Dealing room 246 MVA/CVA/FVA -24 -3 MVA/CVA/FVA 230 IFIE – mainly -249 -274 IFIE - mainly interest accretion interest accretion 181 M2M ALM der. and Other -132 M2M
Slide 46: FY25 | Costs in line with guidance
FY25 | Costs in line with guidance 46 of 79 OPERATING EXPENSES (INCLUDING COSTS DIRECTLY BANK AND INSURANCE TAXES ATTRIBUTABLE TO INSURANCE) in m EUR in m EUR FY25 FY24 5,097 5,265 BE BU 356 285 623 666 Bank & insurance tax CZ BU 24 40 Hungary 259 245 +3% Slovakia 10 34 Bulgaria 14 21 4,474 4,599 Op
Slide 47: FY25 | Net loan loss impairment charges & excellent credit cost ratio
FY25 | Net loan loss impairment charges & excellent credit cost ratio 47 of 79 ASSET IMPAIRMENT CREDIT COST RATIO in m EUR; negative sign is a release in bps 60 *In FY20, an ECL buffer of 44 bps was added re Covid risks, fully released in FY21. 248 In FY21, a new ECL buffer of 429m EUR was added 334
Slide 48: Company profile | KBC Group in a nutshell (1)
Company profile | KBC Group in a nutshell (1) 48 of 79 Diversified and strong business performance We want to be among Europe’s best performing financial institutions • geographically … • Mature markets (BE, CZ) combined with growth markets (SK, HU, BG) • We are a leading European financial group wi
Slide 49: Company profile | KBC Group in a nutshell (2)
Company profile | KBC Group in a nutshell (2) 49 of 79 High profitability (IFRS 17 figures) Solid capital position C/I ratio* combined CET 1 RATIO (FULLY LOADED, DANISH COMPROMISE) ratio net result in % 46% FY25 87% FY25 3,568m FY25 17.1% 17.6% 47% FY24 3,415m FY24 16.3% 16.0% 90% FY24 15.5% 15.4% 1
Slide 50: Company profile | KBC Group in a nutshell (3)
Company profile | KBC Group in a nutshell (3) 50 of 79 Dividend policy & capital distribution Shareholder structure (as at end 2025) The Board of Directors decided: MRBB Other core Treasury shares Cera 12.4% 7.0% • the dividend policy as from 2025: 5.0% • A payout ratio (including AT1 coupon) betwee
Slide 51: Acquisition of 365.bank in Slovakia closed on 15 January 2026
Acquisition of 365.bank in Slovakia closed on 15 January 2026 (Below, you can find the slide provided at signing/initial agreement) 51 of 79 KBC has agreed to acquire (in cash) 98.45% of 365.bank in Slovakia, based on a total value for 365.bank of 761m EUR Indisputable strategic rationale Strong fin
Slide 52: Acquisition of Business Lease closed on 10 February 2026
KBC strengthens its position in Central Europe with the acquisition of Business Lease 52 of 79 in the Czech Republic and Slovakia, closed on 10 February 2026 (Below, you can find the slide provided at signing/initial agreement) KBC has agreed to acquire Business Lease Czech Republic and Business Lea
Slide 53: Well-defined core markets
Company profile | Well-defined core markets 53 of 79 Belgium BU Czech Republic BU International Markets BU SK HU BG 62% of assets 131bn EUR loans 24% of assets 44bn EUR loans 4% of assets 4% of assets 5% of assets 4.1m clients 4.3m clients 0.8m clients 1.7m clients 2.2m clients 424 branches 197 bran
Slide 54: Strategy | S.T.E.M.: the ecosphere
Strategy | S.T.E.M.: the ecosphere 54 of 79 Our strategy rests on the following principles: • We place our clients at the centre of everything we do. • We look to offer our clients a unique bank-insurance experience. • We focus on our group’s long-term development and aim to achieve sustainable and
Slide 55: Strategy | Powered by PEARL
Strategy | Powered by PEARL 55 of 79 ‘Why would you build exactly the same thing in your country, when you have the solution next door?’ Johan Thijs Highlights Profit & Loss Capital & Liquidity Looking forward BU & FY25 view Company profile KBC Strategy Sustainability Asset quality MREL & Funding
Slide 56: Strategy | Bank-insurance
Strategy | Bank-insurance 56 of 79 We move beyond traditional bank-insurance towards bank-insurance, providing not only traditional bank-insurance solutions but also less traditional non-financial solutions that impact the financial wellness of retail customers or the future of their business Data d
Slide 57: Strategy | The KBC performance diamond
Strategy | The KBC performance diamond 57 of 79 The performance diamond defines, within the limits of the risk management framework, the targets for KBC Group and for all the business units for 4 performance dimensions: Highlights Profit & Loss Capital & Liquidity Looking forward BU & FY25 view Comp
Slide 58: Kate: hyper personalised and trusted digital assistant
Kate | KBC’s hyper personalised and trusted digital assistant 58 of 79 Personalised & data driven The interaction between the customer and Kate will be triggered by data analysis (approval granted by customer). Kate will be trained on the basis of the customer’s profile, preferences and activities D
Slide 59: Kate: Four flavours, one Kate
Kate | Four flavours, one Kate 59 of 79 Kate4Retail & mSME Kate4Business Kate Group Platform Kate4Commercial Employees Kate is a personal virtual Kate also engages with our SME We do not build Kate for every Kate also has an impact on our assistant that engages with our and corporate clients and cou
Slide 60: Kate: A data-driven organisation with Kate at the core
Kate | A data-driven organisation with Kate at the core 60 of 79 Kate is more than an interface towards customers. It also refers to the AI-enhanced software at our center: the Kate brain. The Kate brain will be the driving force behind data-driven decision making, product design and development, ma
Slide 61: Kate: From basic chatbot to hyper-personal digital assistant
Kate | From basic chatbot to hyper-personal digital assistant 61 of 79 … Level 4: Kate offers hyper-personal solutions at the right time LEVEL 4 LEVEL 3 Hyper- personal & Level 3: Kate proactively offers actionable end-to-end LEVEL 2 Proactive contextual solutions to unburden customers (to save time
Slide 62: Translating strategy into non-financial targets
Strategy | Translating strategy into non-financial targets 62 of 79 Maximise customer experience • No hassle, no frills, zero-delay customer experience Customer NPS ranking • Proactive personalized financial solutions via DATA and AI • Re-design & automation of all Outperform on processes Go for ope
Slide 63: KBC's non-financial targets (2023-2026)
Strategy | KBC’s non-financial targets (2023-2026) 63 of 79 Customer ranking Bank-insurance (BI) clients Digital sales BI CLIENTS DIGITAL SALES BANKING PRODUCTS* TARGET in % TARGET in % TARGET Top-3 Top-3 Top-3 Top-2 * 83% 65% 2023 2024 2025 2026 76% 76% 76% 52% 55% 57% • KBC is 3rd in customer NPS
Slide 64: KBC's ESG ratings and indices are ahead of the curve
KBC’s ESG ratings and indices are ahead of the curve 64 of 79 Agency ESG rating end-of-year 2025 Position versus industry D- A • Leader in addressing climate change • CDP’s A list for Climate • B-score on Forests and Water Security A • Score date: December 10, 2025 Severe Risk High Risk Medium Risk
Slide 65: Sustainability highlights (FY2024)
Sustainability highlights (FY2024) 65 of 79 Commitment to the environment Sustainable business Social responsibility Two new thematic White Papers CSRD Reporting 7.4 billion euros in social sectors This year, we developed two new internal We published our first Sustainability In 2024, we financed 6.
Slide 66: Own environmental impact: our progress in brief
Own environmental impact: our progress in brief 66 of 79 Own environmental footprint (FY 2024) More details in our 2024 Sustainability Report • Since 2015, we have been calculating the GHG emissions arising from our own operations at group level, in accordance with the GHG Protocol Corporate Account
Slide 67: Indirect environmental impact: our progress in brief
Indirect environmental impact: our progress in brief 67 of 79 INDIRECT environmental footprint (FY 2024) Loan portfolio (selection of sectors) Carbon-intensity reduction compared to 2021 baseline, otherwise indicated Operational lease Renewable energy • We refer to our Collective Commitment to Clima
Slide 68: Loan loss experience at KBC
Loan loss experience at KBC 68 of 79 CREDIT COST RATIO* in %; Credit cost ratio: amount of losses incurred on troubled loans as a % of total average outstanding loan portfolio AVERAGE FY25 FY24 FY23 FY22 FY21 FY20 FY19 ‘99 –’25 Belgium BU 0.13% 0.19% 0.06% 0.03% -0.26% 0.57% 0.22% n/a Czech Republic
Slide 69: Diversified loan portfolio
Diversified loan portfolio 69 of 79 Total loan portfolio outstanding Total loan portfolio outstanding | by segment as % of total Group loan portfolio outstanding* Total loan portfolio outstanding Corporate 228bn EUR* 37.0% 41.1% Retail Group level Total loan portfolio outstanding | by sector 21.9% a
Slide 70: Loan portfolio breakdown by IFRS 9 ECL stage
Loan portfolio breakdown by IFRS 9 ECL stage 70 of 79 Total loan portfolio outstanding | by IFRS9 ECL Stage* Stage 3 ratio | Belgium BU as % of total Group loan portfolio outstanding in % 19.9% 2.3% 2.2% 1.9% 2.0% 2.0% 1.9% 1.9% 1.8% 1.8% 17.9% 13.6% 11.5% 7.8% 7.5% 7.9% 7.9% 7.6% FY20 FY21 FY22 FY2
Slide 71: Cover ratios
Cover ratios 71 of 79 Cover ratio | by IFRS9 ECL Stage* Stage 3 cover ratio | Belgium BU in % in % 45.6% 42.6% 42.4% 43.9% 45.4% 47.1% 45.8% 50.4% 39.6% 38.3% 47.4% 47.9% 49.3% 48.9% 47.1% 47.1% 44.7% 44.7% Stage 3 FY20 FY21 FY22 FY23 FY24 1Q25 2Q25 3Q25 4Q25 Stage 3 cover ratio | Czech Republic BU
Slide 72: Substantial and well-diversified government bond portfolio
Substantial and well-diversified government bond portfolio 72 of 79 • Carrying value of 67.4bn EUR in government bonds (excl. trading book) at end of FY25, primarily as a result of a significant excess liquidity position and the reinvestment of insurance reserves in fixed-income instruments GOVERNME
Slide 73: Indicative view on transitional RWA evolution under Basel IV
Indicative view on transitional RWA evolution under Basel IV (as provided with 1Q25 results) 73 of 79 • Moving towards the Basel IV era and applying a static balance sheet and all other parameters ceteris paribus, without mitigating actions, KBC • reports at 1JAN25, a first-time application impact o
Slide 74: Above resolution requirements in terms of MREL
Above resolution requirements in terms of MREL 74 of 79 MREL targets MREL actuals • The resolution plan for KBC is based on a Single Point of Entry • The MREL ratio in % of RWA increased from 30.9% in 3Q25 to 31.4% in 4Q25, (SPE) approach at KBC Group level, with bail-in as the preferred driven main
Slide 75: Upcoming mid-term funding maturities
Upcoming mid-term funding maturities 75 of 79 Total outstanding | 4Q25 Recent deals in % KBC Bank has 6 solid sources of long-term funding: (i) Retail term deposits, (ii) • In October 2025, KBC Group issued a Senior HoldCo for an amount of 500m EUR Retail EMTN, (iii) Public benchmark transactions, (
Slide 76: Strong customer funding base
Strong customer funding base 76 of 79 • KBC Bank continues to have a strong retail/mid-cap deposit base in its core markets – resulting in a stable funding mix with a significant portion of the funding attracted from core customer segments and markets • Stable % in customer funding compared to balan
Slide 77: Glossary
Glossary 77 of 79 B3 / B4 Basel III / Basel IV Combined ratio (non-life Short-term non-life insurance contracts: [claims and claim related costs net of reinsurance + costs other than claims and commissions] / [earned expected premiums insurance) received, net of reinsurance] Common equity ratio [com
Slide 78: Contacts / questions
Contacts / questions 78 of 79 Johan Thijs More information KBC Group CEO • Company website KBC • Quarterly Report Quarterly Reports • Table of results (Excel) Bartel Puelinckx KBC Group CFO • Quarterly presentation Presentations • Debt presentation Kurt De Baenst direct +32 2 429 35 73 Upcoming even
Slide 79: Disclaimer
Disclaimer 79 of 79 • This presentation is provided for information purposes only. It does not constitute an offer to sell or the solicitation to buy any security issued by the KBC Group. • KBC believes that this presentation is reliable, although some information is condensed and therefore incomple