Slide 1: Presentation of Financial Results for Q1 2026
BEST GROUP PRESENTATION OF FINANCIAL RESULTS FOR Q1 2026 Gdynia, 22 May 2026
Slide 2: Agenda
AGENDA 1. BEST Group in Q1 2026 2. Operating and financial results of BEST CAPITAL GROUP 3. Non-performing loan (NPL) markets in the region 4. Synergies
Slide 3: BEST Group in Q1 2026 Key Information
01 BEST GROUP IN Q1 2026 KEY INFORMATION
Slide 4: Key events at BEST Capital Group
OVERVIEW OF Q1 2026 Key events at BEST CAPITAL GROUP ▪ Strong increase in collections from owned portfolios and cash EBITDA ▪ Acquisition of new NPL portfolios for PLN 86 million ▪ Approval of the prospectus for a new public bond issuance programme with a total value of PLN 500 million by the PFSA ▪
Slide 5: Operating and Financial Results of BEST Capital Group
02 OPERATING AND FINANCIAL RESULTS OF BEST CAPITAL GROUP
Slide 6: BEST's NPL Portfolio Investments
BEST'S NPL PORTFOLIO INVESTMENTS 700 90% 590 80% 600 70% 500 60% 400 385 50% 301 311 316 300 40% 258 132 157 137 30% 152 276 28% 200 25% 25% 174 22% 22% 20% 31 100 81 13% 15% 205 11% 11% 24 85 178 10% 9% 148 85 149 6% 10 86 57 18 46 35 0 0% 9 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q1 2026
Slide 7: Overview of Q1 2026
OVERVIEW OF Q1 2026 Debt collection Operating revenues Cash EBITDA Net profit attributable to (PLN million) (PLN million) (PLN million) BEST Shareholders 250 250 150 50 (PLN million) 200 200 161 40 0 100 150 150 16 30 90 90 100 221 100 130 20 5 7 50 38 9 143 50 112 119 50 61 61 10 20 75 86 0 0 (3) 0
Slide 8: Operating Efficiency
OPERATING EFFICIENCY Operating expenses Operating profit Equity Net debt (PLN million) (PLN million) (PLN million) (PLN million) 150 100 1 500 1 500 1 443 1 433 1 151 1 192 96 75 64 100 1 000 898 1 000 26 742 55 61 50 35 48% 1,25 50 15 29 500 40% 40% 500 1,20 12 71 25 0,83 42 45 0 0 0 0 Q1 2024 Q1 2
Slide 9: Operating Expenses
OPERATING EXPENSES Segmentation of operating expenses (PLN million) Court and enforcement costs (PLN million) 120 120 100 96 100 80 80 31 12,8% 61 11,1% 11,6% 60 55 60 18 21 40 15 40 11 11 20 40 20 1,0 24 26 26 12 15 0 0 Q1 2024 Q1 2025 Q1 2026 Q1 2024 Q1 2025 Q1 2026 labour costs third-party servic
Slide 10: Asset Structure
ASSET STRUCTURE Carrying value of portfolios ERC – nominal value of estimated remaining collections (PLN million) (PLN million) 6 000 6 000 4 000 4 000 5 954 5 979 2 000 2 000 3 027 3 523 2 648 2 681 1 342 1 590 0 0 2023 2024 2025 Q1 2026 2023 2024 2025 Q1 2026 6% 2% 5% 12% Poland 22% Bank Italy Tel
Slide 11: Group's Equity and Liabilities
GROUP’S EQUITY AND LIABILITIES Equity (PLN million) Net debt (PLN million) 1 500 1 500 1 443 1 433 41,84 1 250 39,63 40,43 1 250 1 000 33,05 1 000 742 750 750 622 1,25 1,20 1 151 1 192 500 500 0,83 0,83 898 750 250 250 0 0 2023 2024 2025 Q1 2026 2023 2024 2025 Q1 2026 equity BV/share (PLN) net debt
Slide 12: BEST Group on the Bond Market
BEST GROUP ON THE BOND MARKET Historical bond issues (PLN million) Current bond repayment schedule (PLN million) 2024 2025 2026 2027 2028 2029 2030 2031 30 134 122 41 102 83 100 50 65 20 21 (1) (10) (1) (10) (11) (16) (22) (18) (30) (30) (42) (58) (49) (50) (60) (61) (61) (65) (94) (100) (105) (117)
Slide 13: Non-Performing Loan Markets in the Region
03 NON-PERFORMING LOAN MARKETS IN THE REGION
Slide 14: Non-Performing Loan Market
NON-PERFORMING LOAN MARKET Non-financial sector loans – households (PLN billion) 766 809 824 3,192 2,950 800 748 736 2,915 2,854 2,890 84 85 3000 86 651 96 93 542 494 474 478 600 223 228 539 182 190 206 527 539 554 570 2000 400 5.1% 2002 1846 1862 1902 4.9% 1821 4.0% 3.4% 3.4% 1000 200 470 453 2,3%
Slide 15: Non-Performing Loan Market
NON-PERFORMING LOAN MARKET Supply of retail bank portfolios (PLN billion) 15 150 11.5 10.0 104.2 10 9.3 9.4 3,8 100 12,9 1,9 1,3 1,8 2.5 91,3 60.1 58.8 60.1 7,7 8,1 8,2 5 7,4 50 19.3 32% 33,7 27,3 29,5 27% 27% 0,3 25% 24% 23% 23% 23% 18% 18% 10,0 2,2 26,4 31,4 30,7 9,3 0 0 2022 2023 2024 2025 Q1 202
Slide 16: Poland – Operating and Financial Results
POLAND – OPERATING AND FINANCIAL RESULTS Q1 2Q 3Q 4Q Q1 Y/Y change (PLN million) 2025 2025 2025 2025 2026 ▪ Portfolio purchases 5 147 10 324 50 900% ▪ Carrying value of portfolios 1,270 1,866 1,823 2,134 2,130 68% ▪ Collections 107 192 172 167 179 67% ▪ Operating revenues 75 146 119 153 126 68% ▪ Op
Slide 17: Italy – Operating and Financial Results
ITALY – OPERATING AND FINANCIAL RESULTS Y/Y Q1 2Q 3Q 4Q Q1 (PLN million) change 2025 2025 2025 2025 2026 ▪ Portfolio purchases 35.1 18.0 5.1 8.6 11.3 -67% ▪ Carrying value of portfolios 324.2 322.7 330.7 314.8 329.1 1.5% ▪ Collections 12.2 14.7 14.6 18.8 17.0 39% ▪ Operating revenues 14.7 (9.2) 18.6
Slide 18: Romania – Operating and Financial Results
ROMANIA – OPERATING AND FINANCIAL RESULTS Q1 2Q 3Q 4Q Q1 Y/Y change (PLN million) 2025 2025 2025 2025 2026 ▪ Portfolio purchases - - - 25.1 7.6 - ▪ Carrying value of portfolios 144.0 136.2 133.2 151.0 157.0 9% ▪ Collections 17.4 19.0 20.1 19.6 19.7 13% ▪ Operating revenues 14.4 14.2 16.7 14.8 16.1 1
Slide 19: Bulgaria – Operating and Financial Results
BULGARIA – OPERATING AND FINANCIAL RESULTS Q1 2Q 3Q 4Q Q1 Y/Y change (PLN million) 2025 2025 2025 2025 2026 ▪ Portfolio purchases - - 0.6 11.9 17.3 - ▪ Carrying value of portfolios 41.4 41.3 39.1 48.4 65.0 57% ▪ Collections 6.1 6.0 5.3 5.8 5.6 -8% ▪ Operating revenues 6.1 3.9 2.2 4.1 3.5 -43% ▪ Oper
Slide 20: Summary
04 SUMMARY
Slide 21: Synergies After the Merger with Kredyt Inkaso – Polish Market
SYNERGIES AFTER THE MERGER WITH KREDYT INKASO – POLISH MARKET KISA BEST KISA+BEST BEST 1Q 26 vs 1Q 25 (PLN million) 1Q 25 1Q 25 1Q 25 1Q 26 Difference % ▪ Collections 67.1 106.8 173.9 179.0 5.1 3% ▪ Court and enforcement costs (CEC) 9.0 14.2 23.2 17.9 -5.3 -23% ▪ Operating expenses excluding CEC 30.
Slide 22: Summary
SUMMARY Scale/dynamics Efficiency Technology International presence Team PRESENTATION OF RESULTS FOR Q1 2026 25/26
Slide 23: Thank You for Your Attention
\ THANK YOU FOR YOUR ATTENTION SPOLKA AKCYJNA
Slide 24: Attachments
ATTACHMENTS
Slide 25: Cash EBITDA
CASH EBITDA (PLN million) Q1 2026 Q1 2025 y/y change 2025 BEST Capital Group debt collection 221.2 118.9 86% 773.5 other revenue 1.2 0.5 135% 10.2 OPEX (excluding depreciation and amortisation) 92.8 58.0 60% 350.3 Cash EBITDA* 129.6 61.5 111% 433.4 * Cash EBITDA = operating profit – revenues from pu
Slide 26: Statement of Financial Position
STATEMENT OF FINANCIAL POSITION (PLN million) 31/03/2026 31/12/2025 31/12/2024 31/12/2023 assets, including: 2,980.2 2,854.0 1,856.8 1,545.1 cash 176.5 80.5 82.4 64.8 acquired NPLs 2,680.6 2,648.0 1,590.0 1,342.4 equity investments - - 82.5 39.9 investment properties 52.7 51.5 41.7 40.2 equity and l
Slide 27: Financial Results (PLN million)
FINANCIAL RESULTS (PLN MILLION) Q1 2026 Q1 2025 y/y change 2025 Operating revenues, including: 160.6 89.6 79% 572.6 revenue from acquired NPLs: 159.5 89.1 79% 562.4 interest calculated using the effective interest rate method 143.3 85.8 67% 485.6 deviations from actual collections 15.8 6.8 133% 76.3