Slide 1: EF Fall conference Investor Presentation
EF Fall conference Investor Presentation August 31, 2026
Slide 2: Important notice
Important notice This presentation contains, or may be deemed to contain, All forward-looking statements included herein are based on forward-looking statements. These statements relate to future information currently available to Multitude and, accordingly, events or future financial performance of
Slide 3: Multitude - Creating success stories in fintech since 2005
Multitude - Creating success stories in fintech since 2005 Founded in EU wide Prime Standard, Finland in 2005 banking licence Frankfurt Stock Exchange “Since foundation, we have focused on helping customers who are overlooked by traditional banks, with amazing and fully 1 3 115m digital customer exp
Slide 4: Multitude's Growth Platform
Multitude’s Growth Platform CONSUMER BUSINESS WHOLESALE INVESTMENTS & PLATFORM BANKING BANKING BANKING PARTNERSHIPS CUSTOMERS PLATFORM Fast Attractive Global Cross-selling CUSTOMER Scalability execution funding talent opportunities VALUE Our three independent business units focus on sales and custom
Slide 5: Multitude Group highlights H1 2026
Multitude Group highlights H1 2026 Execution of the tri-pillar growth strategy and revenue diversification Highlights H1 2026 Focus going forward • Group revenue of EUR 126.9 million reflecting changes to product offering, • Focus on 3 main initiatives to accelerate our revenue growth and portfolio
Slide 6: Consumer Banking
Consumer Banking Unsecured lending for unplanned financial needs • Consumer Banking, operated under the Ferratum brand, represents the Group’s Product portfolio core business, offering instalment loans, credit limits and credit card solutions Instalment Loans Active Markets across 13 European market
Slide 7: Consumer Banking highlights H1 2026
Consumer Banking highlights H1 2026 Portfolio optimisation, improving asset quality, and successful fee income expansion Highlights H1 2026 Focus going forward 3-Year Target • Interest Income and EBT reflecting changes to • Diversify revenues and increase recurring • 10% EBT CAGR 2025 - 2028 portfol
Slide 8: SME Banking: Seamless financing of SMEs in Europe
SME Banking Seamless financing of SMEs in Europe Segment overview • SME Banking, operating under the CapitalBox brand, is a digital business lender providing fast and flexible working capital solutions to Market Potential Target SME Customer Vision Strategic Active Markets & Value Proposition Partne
Slide 9: SME Banking highlights H1 2026
SME Banking highlights H1 2026 Focus on execution, efficiency, and automation on our way to profitable growth Highlights H1 2026 Focus going forward 3-Year Target • Net loans and investments grew by 15.5% year- • Focus on transitioning Capital Box to sustainable • Positive EBT latest 2027 on-year, w
Slide 10: Wholesale Banking: Fast-developing segment leveraging group expertise
Wholesale Banking Fast-developing segment leveraging group expertise ELECTRONIC MONEY BANKS PAYMENT INSTITUTIONS INSTITUTIONS Alternative payment rails, Receive and make payments Receive and make payments local clearing solutions and efficiently in several efficiently in several payment rails as fal
Slide 11: Wholesale Banking highlights H1 2026
Wholesale Banking highlights H1 2026 Continued execution on deal pipeline driving profitable growth Highlights H1 2026 Focus going forward 3-Year Target 2026 • Net loans and investments continued to expand • Grow the secured debt portfolio • A 50% EBT CAGR 2025 - 2028 strongly to EUR 271.3 million,
Slide 12: H1 2026: Profit & loss statement
H1 2026: Profit & loss statement in EURm H1 2026 H1 2025 % change • Outstanding net profit in Q2 Interest income 114.3 128.0 (10.7) Interest expense (23.6) (21.7) 8.5 • H1 2026 net profit performance is in line with expected phasing of Net interest income 90.7 106.3 (14.7) profitability development
Slide 13: Segment view – business unit performance
Segment view – business unit performance in EURm Consumer Banking SME Banking Wholesale Banking Group H1 2026 H1 2025 % change H1 2026 H1 2025 % change H1 2026 H1 2025 % change H1 2026 H1 2025 % change Interest income 82.2 102.3 (19.7) 17.7 17.3 2.4 14.4 8.5 70.1 114.3 128.0 (10.7) Interest income s
Slide 14: Strong asset quality: Significant improvement over the year
Strong asset quality Significant improvement over the year Impairment losses / Net loans and investments* Balanced growth strategy drives asset quality 5.5% improvements: • Long-term trend: reducing 5.0% 4.5% impairment losses over net loans and investments, reflecting solid business 4.3% 4.2% growt
Slide 15: Credit loss development segments
Credit loss development segments: Actions taken result in significantly lower credit losses EURm Consumer banking Impairment loan loss EURm SME banking Impairment loan loss EURm Wholesale Banking impairment loan loss 3.2% 1.4% 3.1% 4.5 3.5 % 30.0 6.0% 5.2% 1.4 1.5 % 4.8% 4.8% 4.0 1.1% 4.3%4.5% 0.9%
Slide 16: Funding structure and cost of debt capital
Funding structure and cost of debt capital Financing mix at 30 June 2026 Financing mix at 30 June 2025 Deposits 2% 2% 0% Multitude Capital Oyj 0% 4% 6.75% + 3-month Euribor bond, due 2028 5% 2% 8% 6% Multitude AG 2021 (redeemed 2026-07-05) EUR 1,160m EUR 888m 8.90% + 3-month Euribor perpetual (IFRS
Slide 17: Capital Market Guidance and indicative targets 2025-2028
Capital Market Guidance and indicative targets 2025-2028 Net Profit Guidance 2025: 1 24-26m EUR exceeded Net Profit Guidance 2026: 2 30m EUR confirmed CONFIRMED Net Profit Guidance 2027 & 2028: 3 20% increase p.a. Business Targets: 4 • • Consumer banking: 10% EBT CAGR SME Banking: Positive EBT lates
Slide 18: Q&A
Q&A 18
Slide 19: Backup
Backup 19
Slide 20: Balance sheet: Increased loan volumes reflect continued market demand
Balance sheet: Increased loan volumes reflect continued market demand in EURm H1 2026 Q4 2025 % change Asset movements: Cash and cash equivalents 423.8 304.2 39.3 • Increase of 15.0% in net loans and Derivative financial assets 0.5 0.6 (29.2) investments* : from EUR 852.1 m in H1 Loans to customers
Slide 21: Balance sheet: Liabilities and Equity
Balance sheet: Liabilities and Equity in EURm 30 June 2026 31 December 2025 % change Movements in liabilities and shareholders’ equity: Equity Share capital 40.2 40.2 - • Equity of the Group increased to EUR Treasury shares (1.6) (1.6) - 243.1m (+16.9%), driven mainly by Retained earnings 106.1 111.
Slide 22: Acquisition of a majority stake in Sortter Oy
Acquisition of a majority stake in Sortter Oy Transaction highlights Attractive financial investment Revenue (2025) Net profit (2025) EUR 17.2m EUR 1.6m Leading player in Finland Independent Business Fast-growing FinTech and leading player Sortter to remain independent, operating in Finland focusing
Slide 23: Thank you
Thank you ir@multitude.com www.multitude.com