Slide 1: FY / Q4 2025 Results presentation
FY / Q4 2025 Results presentation, Frankfurt am Main, March 2026 Eriola Bibolli, Chair of the Management Board Christian Dagrosa, CFO and member of the Management Board
Slide 2: Highlights and business update; Group results; Outlook
A. Highlights and business update B. Group results C. Outlook ProCredit Group | FY / Q4 2025 results | Frankfurt am Main, 19 March 2026 1
Slide 3: FY 2025: Strategy execution in full momentum, financial results reflect strategic transition
FY 2025: Strategy execution in full momentum, financial results reflect strategic transition Strong business growth: both loans and deposits grow by +13%1 Accelerated progress in structural balance sheet transformation: ~80% of loan growth by lower-volume client segments and >60% of deposit growth f
Slide 4: FY 2025 at a glance
FY 2025 at a glance Customer loans Customer deposits Stage-3 ratio (fx-adjusted) (fx-adjusted) +13.1% +13.1% 3.0% Loan portfolio €7.8bn Customer deposits €9.1bn +0.7 pp ytd related to stage Reported: +10.6% Reported: +10.2% transfer in project finance Net result RoE CET1 ratio €83.5m 7.8% 13.1% base
Slide 5: Strong growth momentum in target growth segments
Strong growth momentum in target growth segments Strong, granular and targeted balance sheet growth over last two years • Portfolio expansion particularly strong in lower- +43% +40% volume segments: Small, loan portfolio in retail client Micro, Retail clients lower-volume deposit growth segments1 •
Slide 6: Business expansion across all ProCredit banks in SEE/EE
Business expansion across all ProCredit banks in SEE/EE ProCredit growth engine Serbia Romania Moldova Ukraine +13.1% +13.4% +20.2% +32.2% Home region SEE and EE with strong growth outlook Bosnia Georgia & Herz. +4.7% +15.8% Regional franchise with 11 countries of operation Bulgaria +10.9% Trusted,
Slide 7: Positive growth outlook for highly relevant SEE/EE region
Positive growth outlook for highly relevant SEE/EE region GDP outlook for SEE/EE well above Euro area Macroeconomic environment / key current themes 2026 2027 2028-30 • Growth outlook and resilience of SEE/EE region supported by October 2025 IMF update GDP growth • GDP growth outlook of >3% p.a. in
Slide 8: Our strategic priorities
Strategic outline Our strategic priorities Profitability Growth Positioning ► Medium-term RoE of ► Scale operations and # clients ► Strengthen our position as a around 13 – 14% (+upside) banking with ProCredit leading bank for MSMEs, and ► Highly granular balance ► Loan portfolio > EUR 10bn ► Become
Slide 9: Our synergetic platform for strong and profitable growth
Strategic outline Our synergetic platform for strong and profitable growth • Cornerstone of ProCredit’s strong reputation and positioning ~50k SME SME • Relationship, partnerships and data factory potential clients • Brings together employees, owners, families, suppliers, micro customers • Critical
Slide 10: Multi-year digital banking transformation advancing at strong pace
Strategic outline Multi-year digital banking transformation advancing at strong pace Customer Digital Technology experience operating model platform What customers see How we deliver What enables scale • New mobile app for retail clients as a • Agile Squad Model and product- • Core banking system mo
Slide 11: Broad-based rollouts and implementations in 2026
Strategic outline Broad-based rollouts and implementations in 2026 2024/25 2026 2027 ff. Built-up capabilities, resources and ► Rollouts in remaining banks: new ► Remaining organizational structures for digital scale retail mobile banking app, digital implementations, Retail onboarding and digital
Slide 12: Transformation into a ~13-14% RoE banking group plus upside
Strategic outline Transformation into a ~13-14% RoE banking group plus upside Strategic enablers in execution Operational KPIs (FY 2025 to FY 2029) Growth and operational leverage: Scale operations and amplify number of clients banking # active clients ~330k ~800k with ProCredit; achieve a critical
Slide 13: Highlights and business update; Group results; Outlook
A. Highlights and business update B. Group results C. Outlook ProCredit Group | FY / Q4 2025 results | Frankfurt am Main, 19 March 2026 12
Slide 14: Strong portfolio growth across client segments
Strong portfolio growth across client segments Loan portfolio growth ► Customer loans increase by EUR 913m or 13.1% (adjusted for fx effects), as execution of growth and transformation strategy is 10.6% YoY in full momentum 2.5% QoQ 7,566 7,752 Lower- Due to depreciation of local currencies, EUR-d
Slide 15: Strong deposit development through digital banking channels
Strong deposit development through digital banking channels Deposit growth ► Customer deposits grow by EUR 1.1bn or 13.1% (fx-adjusted) 10.2% YoY EUR-denominated growth of EUR 845m or 10.2% 6.0% QoQ 8,291 8,621 9,136 Share of deposits from retail clients increases by 1pp YTD Retail 7,254 clients
Slide 16: Operating income and expense overview
Operating income and expense overview Operating income ► Operating income down by 1.1% yoy, mainly due to reduced policy rates -1.1% 1.7% 444.3 439.3 Lower interest rates on cash and cash equivalents, in particular held at central banks, with at the same time continued high market rates for custom
Slide 17: Net interest income
Net interest income Quarterly development ► NII in Q4 at EUR 92.2m with NIM at 3.3% EUR 3.3% 3.2% 3.2% 3.3% 3.3% Increase with respect to previous quarter of EUR 2.7m Increase driven by higher loan volume and increasingly stabilizing WAIRs; market rates for deposits remain high 87.7 85.0 86.4 89
Slide 18: Net fee and commission income
Net fee and commission income Quarterly development ► Q4 net fee and commission income at EUR 25.6m, 6.8% above Q3-25 and 5.3% above Q4-24 Income from payments, account maintenance, cards, documentary business and fx transactions all contributing to the increase 24.3 24.5 24.0 25.6 22.6 ► FY net f
Slide 19: Personnel and administrative expenses
Personnel and administrative expenses Quarterly development ► Q4 personnel and administrative expenses of EUR 91.6m with 75.4% 72.0% 79.3% 85.0% significant seasonal and one-time items 70.8% 71.1% 75.0% 65.0% Impairment of intangible assets of EUR 2.8m related to 55.0% internal IT developments rep
Slide 20: Loss allowance
Loss allowance Quarterly development ► Q4 loss allowance with net release of EUR 5.7m after year- end parameter update -54 bps -5 bps 6 bps 89 bps -30 bps ► Increased level of total B/S loss allowance (in EUR m) EUR 188.2m total loss allowance 16.6 Q4-24 Q1-25 Q2-25 Q4-25 Increases from strong l
Slide 21: Loan portfolio quality
Loan portfolio quality Loan portfolio by geography Net-write offs (annualised) Ecuador 6% Germany 0% 0.2% -0.1% -0.1% 0.0% 0.0% Moldova 3% Bulgaria 20% Georgia 6% Ukraine 8% Albania 5% Stage 2 Serbia 14% 8.1% 8.2% 8.8% 8.6% Bosnia & 6.5% Herzegovina 5% Greece 5% Kosovo 13% Romania 6% North Macedonia
Slide 22: Contribution of regional segments to group net result
Contribution of regional segments to group net result Group functions, e.g. risk management, reporting, capital management, IT, liquidity management, training and development Includes ProCredit Holding, Quipu, ProCredit Academy Fürth, PCB Germany (EUR 38m loan portfolio; EUR 225m deposits) 42.0 -46.
Slide 23: Regulatory capital, risk-weighted assets, capital ratios
Regulatory capital, risk-weighted assets, capital ratios Capitalisation overview in EUR m Dec-24 Dec-25 ► CET1 ratio stable at 13.1% including recognition of H2-24, CET1 capital 933 956 H1-25 and Q3-25 result Additional Tier 1 capital 0 0 • Capital ratio well above regulatory capital requirements of
Slide 24: Highlights and business update; Group results; Outlook
A. Highlights and business update B. Group results C. Outlook ProCredit Group | FY / Q4 2025 results | Frankfurt am Main, 19 March 2026 23
Slide 25: Outlook FY 2026
Outlook FY 2026 Summary FY 2026 expectations shaped by income growth. Continued focus on balance sheet transformation, accelerated loan growth in higher-yielding segments (Small, Micro and Retail) and improved deposit structure (current and savings balances). The Group remains strategically focused
Slide 26: ProCredit's medium-term ambitions until FY 2029
ProCredit’s medium-term ambitions until FY 2029 Medium-term guidance Target operating model >€10bn loan portfolio (based on significant growth Leading bank for MSMEs in our region in # of clients) Return on equity ~13-14% (w/o ~1.5pp upside potential Become a convenient, trustful, mobile-first retai
Slide 27: Q&A
Q&A ProCredit Academy, Fürth-Weschnitz, Germany 26
Slide 28: Appendix
Appendix A. Additional outlook information and exemplary notes B. Impact reporting C. P&L, balance sheet, loan portfolio D. Information on segment and bank level E. Capital, liquidity and other information ProCredit Group | FY / Q4 2025 results | Frankfurt am Main, 19 March 2026 27
Slide 29: FY 2026 extraordinary developments
FY 2026 extraordinary developments Long-term strategic benefits Negative P&L effects expected for FY 2026 Intended Transaction effects (purchase price vs. IFRS book value and High single- to low divestiture of Become a regionally focused, ‘pure play’ banking group with currently expected translati
Slide 30: Explanatory note on performance indicators and ratios
Explanatory note on performance indicators and ratios The ProCredit group uses an integrated system of indicators to monitor and manage The net write-off (10) ratio shows how much loan portfolio is written off (net of recoveries) the implementation and further development of the group’s business a
Slide 31: Appendix B
Appendix A. Additional outlook information and exemplary notes B. Impact reporting C. P&L, balance sheet, loan portfolio D. Information on segment and bank level E. Capital, liquidity and other information ProCredit Group | FY / Q4 2025 results | Frankfurt am Main, 19 March 2026 30
Slide 32: Impact at ProCredit today
Impact at ProCredit today Fostering economic growth, environmental protection and social progress Climate Action Inclusive Finance Advisory of clients We drive climate action by actively supporting We foster diversity and inclusion by expanding We position ourselves as the Hausbank for clients
Slide 33: Appendix C
Appendix A. Additional outlook information and exemplary notes B. Impact reporting C. P&L, balance sheet, loan portfolio D. Information on segment and bank level E. Capital, liquidity and other information ProCredit Group | FY / Q4 2025 results | Frankfurt am Main, 19 March 2026 32
Slide 34: FY 2025 results at a glance
FY 2025 results at a glance In EUR m Q4-24 Q4-25 FY-24 FY-25 Y-o-Y Net interest income 87.7 92.2 358.2 353.0 -5.3 Net fee and commission income 24.3 25.6 91.6 96.6 5.1 Net other operating income 1.6 -2.2 -5.5 -10.4 -4.8 Operating income 113.6 115.6 444.3 439.3 -5.0 Income Personnel expenses 40.4 42.
Slide 35: Overview of quarterly financial development
Overview of quarterly financial development In EUR m Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Net interest income 87.7 85.0 86.4 89.5 92.2 Net fee and commission income 24.3 22.6 24.5 24.0 25.6 Net other operating income 1.6 -1.9 -3.3 -2.8 -2.2 Operating income 113.6 105.6 107.5 110.6 115.6 Income Personnel ex
Slide 36: Balance sheet
Balance sheet in EUR m Dec-24 Dec-25 Assets Cash and central bank balances 2,164 2,166 Loans and advances to banks 514 507 Investment securities 966 1,048 Loans and advances to customers 7,010 7,752 Loss allowance for loans to customers -181.8 -188.2 Derivative financial assets 7 7 Property, plant a
Slide 37: Structure of the loan portfolio by segment and currency
Structure of the loan portfolio by segment and currency Loan portfolio by segment Loan portfolio by currency 14% 4% 42% 49% 52% 30% 9% EUR USD Other Currencies Medium Small Micro Retail clients ProCredit Group | FY / Q4 2025 results | Frankfurt am Main, 19 March 2026 36
Slide 38: Development of green loan portfolio
Development of green loan portfolio Green loan portfolio growth ► Green loan portfolio amounting to EUR 1.4bn, representing 16.6% 18.3% ~18% of total loan portfolio CAGR 2019-2024: 14% ► Includes financing of investments in: • Energy efficiency 1,420 • Renewable energies (in EUR m) • Other environme
Slide 39: Structure of collateral
Structure of collateral Collateral by type (FY 2025) ► Majority of collateral consists of mortgages ► Significant share of financial guarantees as a result of several 1% guarantee programmes ► Clear, strict requirements for types of acceptable collateral, 14% legal aspects of collateral and insuranc
Slide 40: Appendix D
Appendix A. Additional outlook information and exemplary notes B. Impact reporting C. P&L, balance sheet, loan portfolio D. Information on segment and bank level E. Capital, liquidity and other information ProCredit Group | FY / Q4 2025 results | Frankfurt am Main, 19 March 2026 39
Slide 41: Income statement by segment
Income statement by segment South Eastern 01.01.- 31.12.2025 (in EUR m) Germany Eastern Europe South America Consolidation Group Europe Interest income 40.2 170.8 357.7 54.5 -28.1 595.0 of which inter-segment 19.8 3.6 4.8 0.0 0.0 0.0 Interest expenses 53.3 78.1 102.0 36.7 -28.2 242.0 of which inter-
Slide 42: Segment South Eastern Europe
Segment South Eastern Europe Segment key financials SEE Key financial data (in EUR m) FY-24 FY-25 Operating income (€m) Cost-income ratio Net interest income 250.0 255.6 +5% +4.6pp Net fee and commission income 57.2 62.5 305.3 319.1 61.0% 56.4% Net other operating income -1.9 1.0 Operating income 30
Slide 43: Segment Eastern Europe
Segment Eastern Europe Segment key financials EE Key financial data (in EUR m) FY-24 FY-25 Operating income (€m) Cost-income ratio Net interest income 94.1 92.7 -4% +5.9pp Net fee and commission income 17.7 15.8 112.6 60.4% 108.1 54.5% Net other operating income 0.8 -0.4 Operating income 112.6 108.1
Slide 44: Segment South America
Segment South America Segment key financials SA Key financial data (in EUR m) FY-24 FY-25 Operating income (€m) Cost-income ratio Net interest income 16.4 17.8 -27% +22.4pp Net fee and commission income 0.8 1.2 22.5 135.2% Net other operating income 5.3 -2.5 16.4 112.8% Operating income 22.5 16.4 Pe
Slide 45: Key figures per ProCredit bank (as per FY-25)
Key figures per ProCredit bank (as per FY-25) North Bosnia & Country Bulgaria Serbia Kosovo Romania Macedonia Herzegovina Customer loan portfolio (EUR m) 1,919 1,106 1.040 635 474 409 Change in customer loan portfolio (%) 8.4% 12.9% 18.0% 14.6% 11.7% 15.9% Credit impaired loans (Stage 3) 5.1% 2.5% 1
Slide 46: Key figures for ProCredit Bank Ukraine
Key figures for ProCredit Bank Ukraine Development since 2021, before Russian invasion in 2022 Quarterly KPI update (in EUR m) FY-21 FY-22 FY-23 FY-24 FY-25 Q3-25 Q4-25 Staff information Selected financial indicators Number of staff 377 389 Loan portfolio 757 582 497 512 608 Change qoq % -3.1% 3.2%
Slide 47: Appendix D. E.
Appendix A. Additional outlook information and exemplary notes B. Impact reporting C. P&L, balance sheet, loan portfolio D. Information on segment and bank level E. Capital, liquidity and other information ProCredit Group | FY / Q4 2025 results | Frankfurt am Main, 19 March 2026 46
Slide 48: Funding, rating and liquidity
Funding, rating and liquidity Funding sources Liquidity coverage ratio (LCR) and NSFR 1% 3% 1% 158% 154% 150% 178% 174% 8% 157% Customer deposits Liabilities to banks 100% 100% 100% Debt securities Subordinated debt Other liabilities 87% Dec-23 Dec-24 Dec-25 Total liabilities: EUR 10.5 bn LCR Regula
Slide 49: Contact Investor Relations
Contact Investor Relations Financial calendar (continuously updated on IR Website) Date Location Event information 13.05.2026 Quarterly Report as of 31 March 2026 03.06.2026 Frankfurt/ Main Annual General Meeting 13.08.2026 Interim Report as of 30 June 2026 12.11.2026 Quarterly Report as of 30 Septe
Slide 50: Disclaimer
Disclaimer The material in this presentation and further supporting documents have been This presentation and further supporting documents may contain forward- prepared by ProCredit Holding AG, Frankfurt am Main, Federal Republic of looking statements, including statements regarding our intent, beli