Aktia Bank Plc Class A · OMXHEX:AKTIA
Aktia Bank Plc Class A — Debt Investor Presentation (February 2026)
53 slides from Aktia Bank Plc Class A's debt investor presentation, Feb 5, 2026
Slide 1: Aktia Q4 Results Debt Investor Presentation
5 FEBRUARY 2026 Aktia Q4 Results Debt Investor Presentation
Slide 2: Q4 highlights
Q4/2025 Debt investor presentation 05 Feb 2026 2 Q4 highlights • Operating income EUR75.6million • Net income from life insurance 24% higher than last year due to favorable market conditions and good development in risk and unit -linked insurance. • Net commission income at the same level as last .y
Slide 3: Stable Q4 marked by solid operating income
Q4/2025 Debt investor presentation 05 Feb 2026 3 Stable Q4 marked by solid operating income Comparable operating profit 2021 –2025 EUR million 124.7 124.5 120.0 104.8 Q4 28.3 106.0 100.0 87.4 Q4 23.7 80.0 Q3 31.5 65.2 Q3 27.4 60.0 104.8 Q2 30.8 40.0 Q2 26.2 20.0 Q1 33.9 Q1 28.7 0.0 2021 2022 2023 20
Slide 4: Strategy implementation & business areas
Q4/2025 Debt investor presentation 05 Feb 2026 4 Strategy implementation& businessareas
Slide 5: We delivered a significant uplift in operating profit run rate
Q4/2025 Results Presentation 5/2/26 5 Wedelivereda significantupliftin operatingprofitrunrate Whatweset out toachieve Operating profit run rate impact Main drivers for success M€ +71% ~12 Growththroughbusiness- • Strong sales , especially in interest-bearing products orientedinitiatives ~4 Strong sa
Slide 6: From three businesses to two complementary engines
Q4/2025 Results Presentation 5/2/26 6 From three separately lead businesses to two complementa engines focusing on growth and scale Banking Life & Wealth Banking Life insurance Asset Management Key characteristics Growth Scale Key value drivers Capital-light focus Margin growth, stability Total inco
Slide 7: Life & Wealth: Leveraging capital-light product range
Q4/2025 Results Presentation 5/2/26 7 Life &Wealth:Leveragingthefullpotentialof ourcapital-light productrange Life & Wealth Growth drivers ROE Spearhead capital- Internationalinstitutions Spearhead capital- light products and family offices light products Unit-Link, Risk Life RoTE Premium, Private >
Slide 8: Life & Wealth: We will invest in our international growth
Q4/2025 Results Presentation 5/2/26 8 Life & Wealth: Wewillinvestin ourinternational growth Growth and profitability through our world -class fixed income products Internationalsales uplift Key highlights Currently 40 internationalcustomerswith €1.2bnAuM – sales throughpartners with EMD focus Signif
Slide 9: Life & Wealth: Insurance platform for core customer segments
Q4/2025 Results Presentation 5/2/26 9 Life &Wealth:Insurance platform for core customersegments End-to-end wealth management for Premium and Private customers, combining investments and life insurance Continuedcapital-light growth Key highlights Aktia Life Insurance has grown faster than the Finnish
Slide 10: Banking: Stable volumes with strong focus on profitability
Q4/2025 Results Presentation 5/2/26 10 Banking:Ensuring stable volumes with a strong focus on profitability Banking Growth drivers ROE Margin growth, Leasing, hire purchase Margin growth, stability and factoring stability Stable lending volumes RoTE Prudent risk management >10% 2025 2029 Capital exc
Slide 11: Banking: Profitable growth from SME financing products
Q4/2025 Results Presentation 5/2/26 11 Banking:Profitable growth from SME financing products Step change through new channels, new products and increase in sales force Leasing, hire purchase and factoringuplift Key highlights Aktia currentlyhas a €0.5bn loan portfolio in leasing, hirepurchase Trucks
Slide 12: Aktia's sustainability strategy is built around people
Aktia’ssustainability strategy is built around people, both our customers and our own employees. We want to contribute - to w being and the stability of society, because in a stable society, individuals, companies and organisations can grow and . thrive SUSTAINABILITY TARGETS 2029 People Our custome
Slide 13: Summary
Q4/2025 Debt investor presentation 05 Feb 2026 13 Summary • Stable quarter marked by solid operating income • AuMincreased, with positive development in international sales • Aktia’stwofold business model focuses on growth and scale: • Life & Wealth: strong growth potential in capital -light busines
Slide 14: Financial overview
Q4/2025 Debt investor presentation 05 Feb 2026 14 Financial overview
Slide 15: Financial summary
Q4/2025 Debt investor presentation 05 Feb 2026 15 Financial summary Q4/2025 Q4/2024 ∆ Q3/2025 ∆ 1–12/2025 1–12/2024 ∆ Total operating income 75.6 78.7 -4% 73.5 3% 295.8 308.8 -4% Net interest income 34.9 38.1 -8% 34.0 3% 138.8 152.0 -9% Net commission income 32.3 32.5 -1% 31.2 3% 124.6 124.3 0% Net
Slide 16: Aktia writes down Taaleri-related intangible assets and goodwill
Q4/2025 Debt investor presentation 05 Feb 2026 16 Aktia writes downTaaleri-related intangible assets and part of goodwill as a result of clarified strategic priorities – no impact on comparable result • Aktia continues to implement its strategy by investing in growth in prioritised strategic custome
Slide 17: Comparable operating income by segment
Q4/2025 Debt investor presentation 05 Feb 2026 17 Comparable operating income by segment Comparable operating income,-o-Q Q EUR million 95 71.8 75.6 2.2 66.3 64.4 73.5 75 55 51.3 50.3 52.1 51.1 50.0 35 21.1 19.7 18.9 19.5 19.5 15 7.0 7.2 8.7 -1.7 8.9 8.6 -2.8 -3.0 -1.5 -2.8 -2.9 -2.4 -2.8 -5 -1.9 Q4
Slide 18: Net income from life insurance
Q4/2025 Debt investor presentation 05 Feb 2026 18 Net income from life insurance Net income from life insurance,-o-Q Q EUR million 10 9 8 7 6 5 4 8.0 8.2 7.8 3 6.3 6.5 2 1 0 Q4/2024 Q1/2025 Q2/2025 Q3/2025 Q4/2025
Slide 19: Composition of net commission income
Q4/2025 Debt investor presentation 05 Feb 2026 19 Composition of net commission income EUR million 35 32.5 32.3 30.8 31.2 2.0 30.3 2.0 30 1.8 1.8 2.5 1.7 2.5 2.4 2.5 2.6 25 6.2 6.8 6.8 6.8 Other 6.6 20 4.6 Lending 2.8 3.4 2.9 3.0 Card, payment services and borrowing 15 Asset management and securitie
Slide 20: Composition of net interest income
Q4/2025 Debt investor presentation 05 Feb 2026 20 Composition of net interest income EUR million 110 38.1 90 35.2 34.7 34.0 34.9 70 Lending 86.1 Deposits 50 76.3 66.9 70.6 67.3 Covered bonds 30 Senior financing Liquidity portfolio 10 1.0 0.8 7.6 1.7 6.1 1.9 6.3 0.4 5.0 4.3 Liabilities to central ban
Slide 21: Credit loss provisions EUR 5.9 million
Q4/2025 Debt investor presentation 05 Feb 2026 21 Credit loss provisions EUR 5.9 million • The majority of the loan Change in expected credit losses (ECL) –112/2025 book consists of household EUR million 16.8 0.0 loans secured by -0.4 residential or real estate Interest- Interest- bearing 50.8 colla
Slide 22: Continued focus on cost control
Q4/2025 Debt investor presentation 05 Feb 2026 22 Continued focus on cost control • Comparable operating expensesat Comparable operating expenses Q4 /2025 vs Q4/2024 the same level as last year. EUR million • Comparable personnel costs decreased slightly due to a lower number of employees. 46.1 0.0
Slide 23: Outlook 2026
Q4/2025 Debt investor presentation 05 Feb 2026 23 Outlook 2026 Aktia's comparable operating profit for 2026 is expected to remain approximately at the same level as the comparable operating profit for 2025, EUR 106.0 million. The outlook has been prepared based on the following assumptions: • The as
Slide 24: The Debt Investment case
Q4/2025 Debt investor presentation 05 Feb 2026 24 The Debt Investment case
Slide 25: Ratings
Q4/2025 Debt investor presentation 05 Feb 2026 25 Ratings • Moody's Ratingsaffirmed on 24 September 2025 Aktia Bank Plc's ratings for long -term borrowing at A2 and short-term borrowing at-1. P At the same time, Moody’s changed Aktia’soutlook from stable to negative. • Moody’s rating for Aktia’sCove
Slide 26: CET1 ratio 12.6%
Q4/2025 Debt investor presentation 05 Feb 2026 26 CET1 ratio 12.6% % % • CET1 ratio was 12.6% and 4.0% -points 16.0 above the regulatory requirement. The 9 13.0 12.8 13.0 14.0 improvement to the previous year is 11.9 12.0 12.6 due to an increase in CET1 capital and 11.3 11.4 11.5 12.0 a decrease in
Slide 27: Proposed dividend
Q4/2025 Debt investor presentation 05 Feb 2026 27 Proposeddividend Aktia’s dividend and dividend yield Dividend and capital policy Aktia intends to pay a dividend of approximately % 60 per cent of the profit for the reporting period to € 8.90 9.00 its shareholders. In addition, excess capital may be
Slide 28: Other regulative requirements
Q4/2025 Debt investor presentation 05 Feb 2026 28 Other regulative requirements Aktia Bank Group’s leverage ratio was 4.8% (Q4/2024 4.6%) as of 31 December 2025. • Tier 1 capital EUR 484.2 million • Total exposures EUR 10,015.5 million On 25 March 2025 the Finnish Financial Stability Authority has u
Slide 29: Funding activities
Q4/2025 Debt investor presentation 05 Feb 2026 29 Funding activities • The liquidity situation at Aktia remained very strong (LCR 212% at the end of Q4) and hence the funding activities were relatively subdued during the period. • Aktia issued six new private placement transactions altogether approx
Slide 30: Sound funding profile
Q4/2025 Debt investor presentation 05 Feb 2026 30 Soundfundingprofile • Borrowing from the public and public -sector The Group’s funding structure 31 December 2025 (EUR million) entities was at EUR 4,078 (4,084) million. • The value of bonds (SP, SNP and CB) issued by Aktia BanktotalledEUR 4,293.4 (
Slide 31: Redemption schedule
Q4/2025 Debt investor presentation 05 Feb 2026 31 Redemption schedule • In January 2026 Aktia Bank issued already approximately EUR 170 million worth of Senior Preferred and Non- Preferred notes in EUR and SEK markets. • Next benchmark covered bond issue redeems in March 2026.
Slide 32: High-quality liquidity reserve
Q4/2025 Debt investor presentation 05 Feb 2026 32 High-qualityliquidyreserve The Liquidity Coverage ratio (LCR) was 212% due to solid liquidity situation. • The unencumbered assets in the UnencumberedLiquidity reserve, market value liquidity portfolio, which can be EUR million 30 Sep 2025 31Dec 2024
Slide 33: Low risk liquidity portfolio
Q4/2025 Debt investor presentation 05 Feb 2026 33 Lowrisk liquidityportfolio The liquidity portfolio consists of high-quality assets that can be used to meet Rating distribution 31 December 2025 liquidity requirements in stressed situations. Aktia Bank has outsourced the operative management of the
Slide 34: Aktia Bank as covered bond issuer
Q4/2025 Debt investor presentation 05 Feb 2026 34 Aktia Bank as covered bond issuer Aktia Bank is issuing the Covered bonds as • Aktia Bank issued the first EUR denominated covered bond in 2004 mortgage bank under the Finnish Covered bond • The Aktia Bank mortgage loan portfolio is of very high qual
Slide 35: Aktia Cover pool
Q4/2025 Debt investor presentation 05 Feb 2026 35 Aktia Coverpool 1Q 2025 Pool 1 (2023-) Pool 2 (2014-2022) Lappi 0.2% Asset Pool Balance EUR 1,733 bln. (no substitute assets) EUR 1,200 bln. (no substitute assets) Cover pool 1 No of loans / average loan balance 21,112/ EUR 82,075 8,236/ EUR 145,730
Slide 36: Finland Macro and Housing market update
Q4/2025 Debt investor presentation 05 Feb 2026 36 Finland Macro andHousing marketupdate
Slide 37: Economic sentiment
Q4/2025 Debt investor presentation 05 Feb 2026 37 Economic sentiment
Slide 38: Current account is positive
Q4/2025 Debt investor presentation 05 Feb 2026 38 Current account is positive
Slide 39: Gross domestic product behind trend
Q4/2025 Debt investor presentation 05 Feb 2026 39 Gross domestic product behind trend Aktia GDP forecast: 2025: +0.6% 2026: +1.5% 2027: +1.5%
Slide 40: Inflation is not a cause for concern
Q4/2025 Debt investor presentation 05 Feb 2026 40 Inflationis nota causeforconcern
Slide 41: Higher participation explains higher unemployment rate
Q4/2025 Debt investor presentation 05 Feb 2026 41 Higher participation explains higher unemployment rate
Slide 42: Finnish household indebtedness decreasing
Q4/2025 Debt investor presentation 05 Feb 2026 42 Finnish household indebtedness decreasing
Slide 43: Residential construction
Q4/2025 Debt investor presentation 05 Feb 2026 43 Residential construction
Slide 44: Real estate business improved
Q4/2025 Debt investor presentation 05 Feb 2026 44 Real estate business improved
Slide 45: Housing prices still struggling
Q4/2025 Debt investor presentation 05 Feb 2026 45 Housing prices still struggling
Slide 46: Housing market comparison
Q4/2025 Debt investor presentation 05 Feb 2026 46 Housing market comparison
Slide 47: Building wealth for our customers and society
4 0 5 7 Facebook Twitter LinkedIn YouTube F e b 2 0 2 6 Building wealth for our customers and society Investor Relations contacts Oscar Taimitarha Director, Investor Relations +358 40 562 2315 oscar.taimitarha@aktia.fi
Slide 48: Appendices
Q4/2025 Debt investor presentation 05 Feb 2026 48 Appendices
Slide 49: AuM figures
Q4/2025 Debt investor presentation 05 Feb 2026 49 AuM figures Assets under Management EUR billion Mandates Fund Assets Other* Total Gross AuM QoQ Growth QoQ Growth % Total Net AuM 31 Dec 2024 5.7 9.0 1.4 16.2 -0.4 -2.2% 13.5 31 Mar 2025 5.4 9.1 1.2 15.7 -0.5 -2.8% 13.0 30 Jun 2025 5.4 9.2 1.3 15.9 0
Slide 50: Households account for the majority of lending and deposits
Q4/2025 Debt investor presentation 05 Feb 2026 50 Households account for the majority of lending and deposits Lending to the public and public sector entities Deposits from the public and public sector entities 43; 57; 200; 1% 1% 5% 1,162; 15% Households 1,065; 26% Households 1,639; Total Corporates
Slide 51: Balance sheet total EUR 11,980 million
Q4/2025 Debt investor presentation 05 Feb 2026 51 Balance sheet total EUR 11,980 million Total assets Total liabilities and equity EUR million EUR million 14,000 14,000 11,904 11,980 11,904 11,980 12,000 12,000 Deposits from the public and public-sector entities Liabilities to central banks 10,000 1
Slide 52: Financial calendar
Q4/2025 Debt investor presentation 05 Feb 2026 52 Financial calendar 2026 Financial calendar Annual Report 2025 (incl. Pillar III Report) 11 March 2026 Annual General Meeting 1 April 2026 Interim Report Jan –Mar 2026 30 April 2026 Half-year Report Jan–Jun 2026 30 July 2026 Interim Report Jan –Sep 20
Slide 53: Q4/2025 Debt investor presentation
Q4/2025 Debt 05 Feb 53 investor 2026 presentation
Aktia Bank — Debt Investor Presentation (February 2026) on 6ix