Erste Bank Polska S.a. · GPW:EBP
Erste Bank Polska — Q4 2025 Earnings Presentation
33 slides from Erste Bank Polska's earnings presentation, Feb 4, 2026
Slide 1: Preliminary financial results of Santander Bank Polska Group for 2025
Investor Relations Warsaw 04/02/2026 Preliminary financial results of Santander Bank Polska Group for 2025 The financial information provided herein and concerning the quarter and the year ended 31 December 2025 includes the selected, preliminary, unaudited data which has been prepared for informati
Slide 2: Agenda
Index Agenda Results 2025 1. Our activities and our people 2. Our business development 3. Our customers 4. Our financial results More information 5. Attachments 2
Slide 3: Our activities and our people
Our activities and our people 01
Slide 4: Our communication
01 | Marketing Our communication Digital & Social Media Santander Bank Polska has 20 profiles across 6 platforms (Meta, TikTok, YouTube, LinkedIn) and its At Santander Bank Polska, we have stayed close to our customers for many Facebook page is the most-followed when compared to other banks’ pages.
Slide 5: Our people
01 | Our people Our people HR Digitalisation EHS & Wellbeing • We implemented a new, local HR process management system in record time – 40% faster than typical • In October, we hosted the 3rd Health & Safety Experts Meeting for administrative and office market estimates. The project was delivered w
Slide 6: Our business development
Our business development 02
Slide 7: General operational data
02 | Results for 2025 – Our business development General operational data Key volumes Market share 31.12.2025 Santander Bank Polska Gross loans 167bn 11.3% Group Branches 307* Deposits 230bn 10.1% Employment 10.8k Customer funds 261bn Customers 6.0m Digital Customers 3.9m Assets 308bn * SBP – Santan
Slide 8: Key financial results and financial ratios
02 | Results for 2025 – Our business development Key financial results* Financial ratios* Capital Position Key results Strong capital position, well above the KNF requirements TCR 20.00%** PLN 12 703m PLN 2 949m PLN 16 022m PLN 6 463m CET1 19.51%** +4% YoY +6% YoY +4% YoY +22% YoY Comparable net pro
Slide 9: Our customers
Our customers 03
Slide 10: Our customers in numbers
03 | Results for 2025 – Our customers Our customers in numbers* Retail customers SME customers Corporate customers 5.4m customers +0,4% YoY** 564k customers +4% YoY** 425k Select +18% YoY 27.7k customers 0% YoY customers 3.5m digital 410k digital +5% YoY +5% YoY 22.7k Digital customers customers -1%
Slide 11: New products and services
03 | Results for 2025 – Our customers New products and services Retail customers SME customers Corporate customers ▪ We introduced the "Startup Loan" for first-time ▪ We introduced special loan offers, including: ▪ Continuation of the development of key customers and ran limited-time special offers
Slide 12: Education and support for customers
03 | Results for 2025 – Our customers Education and support for customers Retail Customers SME Customers BCB customers ▪ We expanded the functionality of the mobile app, adding ▪ We focused on digitalisation: features such as standing orders, adding trusted - We introduced a civil guarantee in the l
Slide 13: Selected business data
03 | Results for 2025 – Our customers Selected business data Retail customers SME Customers BCB customers CIB Customers 4.8m +18% YoY PLN 5.2bn PLN 4.5bn +10% YoY +10% YoY +40% YoY +30% YoY Personal Select segment Loans Leasing Loans volumes Income on eFX Income from Equity Income from accounts cust
Slide 14: Our financial performance
Results for 2025 Our financial performance 04
Slide 15: Gross loans
04 | Results for 2025 – Our financial performance Gross loans Comment Gross loans Gross loans - structure PLNm +4%* Santander Bank Polska S.A. The loan portfolio increased by 4% YoY* and 164 822 166 975 11% ◼ 160 101* +1%QoQ. 33% ◼ Mortgage loan sales in Q4’25: +60% vs. Q4’24; Total 86 151 87 231 ◼
Slide 16: Customer funds
04 | Results for 2025 – Our financial performance Customer funds Comment Deposits Deposits - structure PLNm ◼ Total deposits +7%* YoY and +4% QoQ. +7%* ◼ In Q4, deposits from individual customers 5% 230 143 17% increased by 1%. Both current and term deposits 216 026* 220 947 increased by 1% quarter-
Slide 17: Net interest income and net interest margin
04 | Results for 2025 – Our financial performance Net interest income and net interest margin Comment Net interest income PLN m 3 625 3 598 3 619* 3 653* 3 573* 424 422 441 458 419 ◼ In 2025, net interest income reached PLN 12.7bn, increasing by 4% YoY. In Q4 2025 alone, it decreased slightly by 1%
Slide 18: Net fee and commission income
04 | Results for 2025 – Our financial performance Net fee and commission income Comment Net fee and commission income PLN m +8% +4% ◼ In 2025, net fee and commission income amounted to PLN 2.9bn, increasing by 6% YoY and by 4% QoQ. 698 728 744 725 752 45 47 ◼ In Q4 2025, net fee and commission incom
Slide 19: Income
04 | Results for 2025 – Our financial performance Income Comment Income ◼ The Group's total income in 2025 amounted to PLN 16bn, an PLNm increase of 4% YoY. Quarterly income remained flat. 3 958 3 957 4 054 3 998 4 014 58 53 132 78 108 ◼ Interest income increased by 4% YoY and net fee and Net Intere
Slide 20: Operating expenses
04 | Results for 2025 – Our financial performance Operating expenses Comment Operating expenses PLNm ◼ Total costs in 2025 amounted to PLN 4.9bn, an increase of 9% 1 367 YoY. This is primarily due to higher contributions to the Bank 26 1 249 1 100 144 1 110 1 131 63 Guarantee Fund (BFG) – PLN 355m i
Slide 21: Provisions and credit portfolio quality
04 | Results for 2025 – Our financial performance Provisions and credit portfolio quality Cost of credit risk NPL and NPL coverage ratio 0.58% 0.57% 0.51%* 4.4% 4.3% 4.3* 0.45%* 0.45%* 4.2%* 4.0%* 0,37% 4.0% 0.33% 0.33% 3.9% 3.7% Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 31.12.2024 31.03.2025 30.06.20
Slide 22: Banking tax and regulatory costs, NPL sales
04 | Results for 2025 – Our financial performance Banking tax and regulatory costs NPL sales Amounts payable to the BGF, PFSA, KDPW, IPS and BSF PLN m NPL sales PLN m 303 524 307 265 184 219 203 189 194 169 81 120 107 98 143 72 68 32 35 13 10 31 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 202
Slide 23: Results for 2025
04 | Results for 2025 – Our financial performance Results for 2025 ▪ Gross profit in 2025 amounted to PLN 8.3bn (+14% YoY), Results for 2025 and net profit to PLN 6.4bn (+22% YoY). PLN m 2025 2024 YoY ▪ Net interest and commission income increased by 4% YoY Net interest and fee income 15 651 15 055
Slide 24: Attachments
Attachments 05
Slide 25: Retail Banking - growth in lending activity
05 | Attachments Retail Banking - growth in lending activity mln PLN Cash loans portfolio (gross) Mortgage loans and advances portfolio (gross) SME financing portfolio (Loans & Leasing) (gross) ◼ PLN mortgage loans portfolio +4% YoY ◼ FX mortgage loans portfolio: -31% YoY +7% +4% +4% 56 770 56 147 F
Slide 26: Santander Leasing
05 | Attachments Santander Leasing Portfolio Market share ▪ Leasing portfolio: PLN 16.5bn, +6% YoY PLNm 7,41%* ▪ Excellent result in financing green +6% investments – an increase of 38% YoY, investments value PLN: 853m 16 572 16 504 ▪ The value of financed assets in the SME 16 249 segment is PLN 5.8
Slide 27: Santander Factoring
05 | Attachments Santander Factoring Portfolio Market share -1% PLNm 8 704 8 842 9 045 8 771 8 639 * Data as at 31/12/2025 31.12.2024 31.03.2025 30.06.2025 30.09.2025 30.09.2025 ◼ Santander Factoring takes second place on the market in terms of the Turnover - cumulative balance sheet in 2025. +5% PL
Slide 28: Capital and liquidity position
05 | Attachments Capital and liquidity position Santander Bank Santander Bank Polska S.A. L/D ratio Polska Group 20.00 19.51% 19.99% Capital ratios 17.09% 70.60% 69.53% 70.49% 72.69% 68.21% 31.12.2024 31.03.2025 30.06.2025 30.09.2025 31.12.2025 Santander Bank Polska S.A. Liquidity Coverage 200.33% 2
Slide 29: Regulatory requirements regarding own funds and eligible liabilities – TLAC/MREL
Regulatory requirements regarding own funds and eligible liabilities – TLAC/MREL MREL TLAC ▪ Pursuant to the decision of the Bank Guarantee ▪ In accordance with Article 92a of the CRR, the minimum TLAC requirement is 18% of total risk exposure amount (TREA) and 6.75% of Fund of April 22, 2025, the M
Slide 30: Key financial ratios
05 | Attachments Key financial ratios Santander Bank Polska Group 2024 continued and Key financial ratios 2025 discontinued operations Cost/ income 30.3% 29.6% Net interest income/ total income 79.3% 81.0% Net interest margin 1) 4.83% 5.32% Net fee and commission income/ total income 18.4% 17.0% Net
Slide 31: Key financial ratios
05 | Attachments Key financial ratios 1. Net interest income annualised on a year-to-date basis (excluding interest income from the portfolio of debt securities held for trading and other exposures related to trading) to average net earning assets as at the end of consecutive quarters after the end
Slide 32: Thank You.
Thank You. Contact details Our purpose is to help people and business prosper. Maciej Reluga CFO, Chief Economist Our culture is based on believing maciej.reluga@santander.pl that everything we do should be: Agnieszka Dowżycka Head of Investor Relations agnieszka.dowzycka@santander.pl
Slide 33: Disclaimer
Disclaimer 1. This presentation may contain forward-looking statements including, without limitation, statements concerning future business development and financial performance. These forward-looking statements: ▪ represent our judgment and future expectations concerning the development of our busi