Turkiye Sinai Kalkinma Bankasi A.s. · BIST:TSKB
Turkiye Sinai Kalkinma Bankasi A.s — Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q3 2025 Earnings Presentation
33 slides from Turkiye Sinai Kalkinma Bankasi A.s's earnings presentation, November 2025
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 YY Sustainalytics ESG 7.4 Negligible Risk As of Nov. 4% 2025 Risk Rating tet, CORPORATE BANKING INVESTMEN
Slide 3: A Unique Business Model
A Unique Business Model = Long term tenor in liabilities: 10.1 years * Medium term in assets: 48 years = Diversified funding tools = Amortized loan book = Multi-disciplinary assessment during allocation = Sector specific research analysts during allocation and monitoring period = Strong collateraliz
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 - | + First Turkish Bank with First Carbon Neutral Bank of Signatory of IDFC Climate Turkey successful ISO 14064 declaration Environmental Factor in Credit * Greenhouse Gas + BIST Sustainability Index Appraisal Process Emissions Audit * Women’s Empowerment Environmental M
Slide 7: • • • • • • • • • • • • • •
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Slide 8: Sustainable Banking Highlights
Sustainable Banking Highlights Sustainable Finance Targets Reporting billion USD- 2030 Target Sie Gyoans linked to CDP Corporate Questionnaire Gene AL EEE @ A environment-focused Submitted in mid-September since 2024 SDGs 59% Allocation and Impact Reporting 9th edition will be published soon SDG Lin
Slide 9: 3Q25 Summary: Quarterly results in support of year-end targets
3Q25 Summary: Quarterly results in support of year-end targets Strong liquidity & well FX loan growth continues No new NPL inflow since a . : — . WY diversified funding capacity: with new long term loan 1Q2024, maintained stage 2 + USD 350mn Eurobond issuance ; ; f * USD 238 ication | disbursements
Slide 10: Financial Guidance (Bank Only)
Financial Guidance 9M-25 Figures YE25 Guidance Outlook (Bank Only) % % % Growth FX Adjusted Loan Growth 5.6 Low Teens On track Profitability Net Interest Margin 5.7 ~5 Upward Fees & Commissions Growth -27 ~ CPI Downward Return On Equity* 31.2 ~30 On track Efficiency OPEX Growth 55 > CPI Neutral Solv
Slide 11: Banking Sector vs TSKB
Banking Sector vs TSKB CAR* 30.5% Loans/Assets Total Coverage Ratio 71,0% 18,6% 51,3% Hie 3,6% Banking Sector TSKB Banking Sector TSKB Banking Sector TSKB *Reported figures Cost to Income ROE NPL** MA Wy 31,2% 23% 17,0% || 1% Banking Sector TSKB Banking Sector TSKB LE yp **TSKB has no NPL sales/writ
Slide 12: Funding maturity profile
-878 -430 -1330 -2,765 -22 - - - -380 -338 -330 -31 -324 -61 -152 -1.000 -2.765 1 to 12 months 1 to 3 years 3 to 5 years >5 years Guarenteed LT Funding Eurobond & PP Money Market Funding Syndication & P/N etc.
Slide 13: Long-term funding by development finance institution
IBRD 47,4% ✓ AIIB 10,1% ✓ JBIC 9,5% ✓ KfW 8,0% ✓ AFD* 7,0% ✓ EIB 4,0% EBRD* 3,5% IsDB 3,2% IFC* 3,0% CDB 2,3% OEB* 1,8% CEB 0,2%
Slide 14: Outstanding Project Themes Shaping Future Loan Book
14 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 15: Sustaining Growth Through a Healthy Asset Base
As Sustaining Growth Through a Healthy Asset Base Asset Composition - TL bn Total Loans-TL bn 217.9 1Q-25 2Q-25 3Q-25 10-25 20-25 3Q-25 mLoans —mSecurities © =Cash&MM —_m Non IEAs & Other =FXLoans($) = TL Loans 3Q-25 Loans by Currency Remaining Average Maturity - Years Z TRY; USD; | Weight 59% py In
Slide 16: 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
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Slide 18: Loan book sector breakdown
Electricity Generation 29,4% 12% 2% 16% Metal & Machinery 9,1% 2% Finance 7,3% 6% Logistics 7,2% 16% 7% Chemistry & Plastics 6,6% Electricity/Gas Distr. 6,5% • 8% • Construction Materials 6,1% • 12% 8% Health 5,1% 10% • Textile 4,3% • Food & Beverage 3,5% Tourism 2,7% Paper and Forestry Products 2,4
Slide 19: Renewable energy loans by source
1.9 bn 1.9 bn 1.9 bn 1.9 bn 1.7 bn 1.6 bn 1.5 bn 6% 7% 8% 11% 5% 6% 15% 21% 22% 9% 11% 12% 35% 9% 7% 37% 39% 36% 37% 40% 43% 19% 20% 19% 19% 19% 17% 15% 35% 31% 24% 23% 17% 13% 13% 2019 2020 2021 2022 2023 2024 9M25 Hydro Geothermal Wind Biomass Solar • •
Slide 20: Provisions and coverage by stage
1Q-25 2Q-25 3Q-25 Total Provision* (mn TL) 7,905 7,422 7,826 Stage 1 857 902 997 Stage 2 4,118 4,784 5,076 Stage 3 2,930 1,735 1,753 1Q-25 2Q-25 3Q-25 Total Coverage 4.2% 3.6% 3.6% Stage 1 0.5% 0.5% 0.5% Stage 2 33.6% 32.7% 32.9% Stage 3 90.3% 91.3% 92.9% • • • • •
Slide 21: Front-loaded and ongoing security investments will continue to support NII
Front-loaded and ongoing security investments will continue to support NI TL Securities Portfolio Breakdown* Keg Total Securities Portfolio Breakdown ecurities / Assets: 17% TL 47.4 bn TL 48.5 bn TL51.1bn 14 + 45% in FX yy 5.2 years 60% 26.7 r 55% in TL Floating 1.8 years 10-25 20-25 3Q-25 10-25 20-
Slide 22: Excluding one-offs, there is quarterly expansion in NII, net banking income and bottom line
Excluding one-offs, there is quarterly expansion in NIl, net banking income and bottom line TLmn 9M-24 Net Interest Income 8,500 Nilexc. CPI LinkerIncome 5,618 Trading Income/Loss 879 Net Fees & Commissions 413 Other Income (Inc. Dividend) een Banking Income 10,343 OPEX (-) 1,563 Net Banking Income
Slide 23: Outstanding NIM performance beyond expectations
Outstanding NIM performance beyond expectations Net Interest Income inc. Swap Cost (TL mn (4 Dee ) Annualized NIM +16% yoy 3,486 3,837 3,697 = CPI Income | 735 | 640 5,7% 5,7% 5,7% 1,2% 1,1% 1,0% Nill excl. CPI& 22% = Swap Cost (goa) ty 4.063 Meegieg oa ‘= CPI Impact 4,5% 4,6% 47% Yoseogyy (440) iee
Slide 24: CAR Evolution
24 Maintained Strong Solvency metrics supports our growth strategy Capital Ratios Without BRSA Temporary Measures 20,3% 20,3% 19,2% 19,2% 10-25 20-25 Tier |Ratio =CAR Reported Figures ~ CAR: 25.2% | Tier I:24.196 | CET-I: 18.6% 20,5% 20-25 AMarketRisk A Credit Risk Evolution of RWA and Equity -TL bn
Slide 25: 2S BS Q gf x
2S BS Q gf x
Slide 26: Appendix: Balance Sheet
26 Appendix: Balance Sheet Cash and Banks Securities Loans (Gross) Provisions Subsidiaries Other Total ST Funds LT Funds Securities Issued Repo & MM Other Subordinated Debt Shareholders’ Equity Total 4376 26718 14,052 - 3,105 9,991 6,006 58,039 TL 1 31.03.2025 30.06.2025 30.09.2025 PR TOTAL TK TOTAL
Slide 27: Appendix: Detailed Income Statement
Appendix: Detailed Income Statement TLmn 9M-24 9M-25 YoY 2Q-25 3Q-25 QoQ Net Interest Income inc. Swap Cost 8,500 10,685 26% 3,837 3,697 4% Nil exc. CPI & Swap cost 8,252 10,238 24% 3,319 4,063 22% CPI Linkers Income 2,882 2,188 -24% 813 640 -21% Swap Costs (-) 2,635 1,741 -34% 295 1,006 241% Net Fe
Slide 28: Appendix: Evolution of strategically managed Interest Earning Assets
28 Appendix: Evolution of strategically managed Interest Earning Assets Interest Earning Assets (bn TL) 239 264 281 v Interest Earning Assets were up by 6.4% QoQ and 39% YoY, which was driven by * High FX denomination * Growth strategy 1Q-25 20-25 3Q-25 mLiquid Assets mSecurities = Loans
Slide 29: Appendix: Stage Loans Breakdown
29 Appendix: Stage 2 Loans Breakdown Stage 2 Loans Sector % Coverage (%) Non-residential Real Estate 35 22 Electricity Generation 31 45 Electricity/Gas Distribution 15 50 Telecom/Logistics 4 9 Automotive Supply Industry 3 30 Metal and Machinery 2 10 Health 1 50 Other 9 19 TOTAL 100 33 + Hard collate
Slide 30: Provisions (TL mn) 3Q25
Provisions (TL mn) 3Q25 Stage 1* 99 Stage 2** 1,414 Stage 3 179 Reversals*** (TL mn) -1,645 Net CoR 32 bps Currency Impact 104 bps Net CoR excl. Currency Impact -72 bps
Slide 31: SDG-linked Financing
SDG-linked Financing 2024 EFR Consistently 65% 10 6 Capital Element Target Completed Situation ongoing Number 52% 6,5 5,2 34% 4 18% 1,4 0,7 2024 Sept-25 2030 Goal SDG-linked Financing (USD bn) Climate and Environment-Focused SDG-Linked Financing (USD Disbursements vs Targets Chart bn) 5.000 4.745 12
Slide 32: 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 33: 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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