Oma Savings Bank Plc · OMXHEX:OMASP
Oma Savings Bank — Debt Investor Presentation (2026)
45 slides from Oma Savings Bank's debt investor presentation, 2026
Slide 1: Oma Savings Bank Credit Investor Presentation Q4 2025
Oma Savings Bank Credit Investor Presentation Q4 2025
Slide 2: Content Overview
Content Overview Oma Savings Bank Overview 3-14 Key Financials 15-24 Funding and Cover Pool 25-33 Operating Environment 34-36 Appendix 37-43 2
Slide 3: Oma Savings Bank Overview
Oma Savings Bank Overview omadp>
Slide 4: Q4 key points
Q4 key points Profit before taxes Net interest income €17.2 (27.9) million €37.5 (50.9) million • Fourth quarter results in line with expectations • Cost growth turned to a declining curve as planned Operating expenses Return on equity • Impairment losses on financial assets remained at €30.5 (32.
Slide 5: 2025 comparable figures
2025 comparable figures Profit before taxes Return on equity Earnings per share €56.9 (86.7) million 7.6% (12.4%) €1.37 (2.09) Cost/income ratio Total assets S&P credit rating 53.5 % (37.8%) €7.5 billion BBB /negative outlook 5 Source: OmaSp. Non-audited figures for period ending 31 Dec 2025
Slide 6: Developments in overall operating income and profitability
Developments in overall operating income and profitability Total operating income, EUR million Comparable profit before taxes, EUR million Growth -7.8% 71.1% 9.3% -18.0% Comparable 48.0% 37.8% 53.5% 35.1% cost-income ratio 6 Source: OmaSp. Audited full year 2022-2024 figures. Non-audited figures for
Slide 7: Volume development 2025
Volume development 2025 SME loans Mortgage loans Deposits -19.9% -3.2% -3.0% Source: OmaSp. Non-audited figures for period ending 31 Dec 2025
Slide 8: Development of loan portfolio (excl. credit institutions)
Development of loan portfolio (excl. credit institutions) EUR 1,000 7 000 000 6,398,396 6,032,533 4% 6 000 000 5% 5,859,914 3% 5% 4% 11% 5% 4,778,896 12% 11% 5 000 000 2% 6% 21% 10% 21% 19% 4 000 000 23% 3 000 000 2 000 000 62% 59% 60% 59% 1 000 000 0 31.12.2022 31.12.2023 31.12.2024 31.12.2025 Priv
Slide 9: Solvent and profitable Finnish bank
Solvent and profitable Finnish bank Liedon • OmaSp is a widely operating bank in Finland with more than 145 years of history Säästöpankki • Mortgage credit bank operations started in 2017 Handelsbanken’s • OmaSp was listed 2018 at the official list of Nasdaq Helsinki SME-business Expansion in Kuopio
Slide 10: Our strategy of growth is built on a shared direction and a strong foundation
Our strategy of growth is built on a shared direction and a strong foundation Purpose We grow responsibly and profitably by developing our way of delivering highly personal service to our selected target groups Finland’s most personal bank and by being an attractive investment. Customer promise We w
Slide 11: We are committed to personal and accessible banking
We are committed to personal and accessible banking • Expert advisory services delivered from your personal banker 48 OmaSp branches • The nationwide branch network services provided in key growth and regional centers Digital services with the • High customer satisfaction supported by high-quality,
Slide 12: Financial targets for 2026–2029
Financial targets for 2026–2029 Comparable ROE Comparable cost-income ratio Over 14% Below 50% Annual growth in fee and commission income Net Promoter Score Over 10% Above 50 CET 1 2% points above regulatory requirement 12
Slide 13: Outlook for 2026
Outlook for 2026 • The outlook for the Company's business in the financial year 2026 is affected by the general situation of the housing market and the impact of the market situation on the willingness of SMEs to invest in particular. With the decline in market interest rates and changes in the cred
Slide 14: Dividend in accordance with dividend policy
Dividend in accordance with dividend policy 1.00€ 1,00 € • The Board proposes that for the 0,90 € 0.33€ financial year 2025, an ordinary 0,80 € dividend of EUR 0.36 and an 0,70 € additional dividend of EUR 0.14 be 0,60 € paid for each share entitled to a 0.50€ 0.50€ 0,50 € dividend from 2025. 0.14€
Slide 15: Key Financials
Key Financials omadp> 15
Slide 16: Oma Savings Bank Group's key financials
Oma Savings Bank Group’s key financials Source: OmaSp. Non-audited figures for period ending 31 Dec 2025 16
Slide 17: Composition of net interest income
Composition of net interest income EUR 1,000 100 000 50 913 80 000 46 880 44 016 40 223 37 518 60 000 82 352 40 000 73 486 66 683 60 189 Other interest income 58 959 Loans to the public, public sector entities and 20 000 credit instutions Liabilities to the public, public sector entities and credit
Slide 18: Development of net fee and commission income
Development of net fee and commission income EUR 1,000 14 000 13,314 13,105 12,439 12,415 12,483 12 000 10 000 8 000 6 000 4 000 2 000 0 Q4 2024 Q12025 Q2 2025 Q3 2025 Q4 2025 18 Source: OmaSp. Non-audited figures for period ending 31 Dec 2025
Slide 19: Costs began to decrease
Costs began to decrease Number of employees 8.9 8.8 0.6 4.2 700 2.8 642 32.9 585 600 42.3 1-12/2024 500 1-12/2025 123.1 111.0 EUR mill. EUR mill. 400 300 200 71.3 62.3 100 0 Personnel expenses Other operating expenses 31.12.2024 31.12.2025 Authority fees Business arrangements Depreciations and impai
Slide 20: Balance sheet total EUR 7.5 billion
Balance sheet total EUR 7.5 billion Total assets Total liabilities and equity EUR million 8000 7 709 EUR million 7 474 8 000 7 709 7 474 7000 Loans and receivables to the public and public sector entities Deposits 7 000 6000 Issued bonds Investments assets 6 000 3 940 3 822 Equity 5000 5708 Cash and
Slide 21: Customer and lending base
Customer and lending base Total loan portfolio by customer groups Non-Private customer loan portfolio distribution 19% SME 26% Real estate Agriculture, Forestry and Fishery Housing cooperative Construction Agriculture 48% 11% Whole- and retail sales 3% Other Industry 62% 5% 5% Other Private Customer
Slide 22: Asset quality
Asset quality Impairment losses on financial assets Changes in credit risk position during Q4 2025 • During the last quarter, the impairment losses on financial assets were in total EUR -5.6 (-7.6) million. • During the last quarter, less expected credit losses (ECL) were recorded than in the compar
Slide 23: Asset quality
Asset quality Expected credit losses by customer group Changes in credit risk during Q4 2025 31 Dec 2025 30 Sep 2025 30 Jun 2025 31 Mar 2025 ECL balance (1000 euros) • During the reporting period, majority of the increase 33 920 31 324 30 882 29 616 Private customer in the expected credit losses bal
Slide 24: Strong capital position
Strong capital position CET1 & Ratio Capital position 20% 19.3% • Capital position is strong. The total capital (TC) ratio of Oma Savings Bank 18.3% increased and was 19.3% in December 2025. 15.9% 16.2% 16.5% 15.6% 15.5% 15.6% 15% 14.9% 14.9% 14.4% • The current TC-% ratio requirement is 13.76%. 13.
Slide 25: Funding and Cover Pool
Funding and Cover Pool omadp 25
Slide 26: MREL requirement
MREL requirement MREL requirement and eligible assets Current and updated MREL requirement • Current MREL requirement consists of a requirement based on overall risk (9.5%) and a requirement based on the total amount of liabilities used in calculating the leverage ratio (3.0%). On 31 December 2025 t
Slide 27: Oma Savings Bank funding base
Oma Savings Bank funding base Funding highlights Q4 2025 Funding structure 5% 0% 2% • The bank’s deposit base remained stable during Q4 and throughout Customer deposits Wholesale deposits 2025. The Deposit base was EUR 3.8 billion and covers 58 % of the Covered bonds funding structure. Majority of t
Slide 28: Rating – S&P's current view on OmaSp
Rating – S&P’s current view on OmaSp Rating criteria and impacts Quoted from S&P Strenghts Risks Anchor (Finnish a- • ”Even so, the clean-up process, coupled with a Identified risk banks) Robust risk-adjusted management and tricky macroeconomic backdrop in Finland, have capitalization governance sho
Slide 29: Liquidity management and investment portfolio
Liquidity management and investment portfolio Liquidity and investment portfolio Q4 2025 Liquidity (LCR & NSFR) LCR NSFR • The bank’s investment portfolio amounted to EUR 522 million. Majority of the 900% investments consist of LCR Level 1 assets and bonds that have minimum rating of Aa3 800% 700% 6
Slide 30: Simple cover pool structure
Simple cover pool structure Structure and rating Transaction structure • Covered bonds are issued directly from OmaSp Balance Sheet and Mortgage the covered pool register separates the assets Mortgage loans Oma Savings Bank • One cover pool under the Finnish Covered Bond Act (151/2022) borrowers in
Slide 31: OmaSp cover pool characteristics
OmaSp cover pool characteristics Key charasteristics of the cover pool Loan size buckets €k Size of the pool EUR 3,008.1 million (nominal) 21% Collateral type 100 % Finnish residential mortgages 20% 18% Number of loans 39,388 12% 9% Average loan size EUR 76,368 8% 6% 5% WALTV (indexed) 62.06 % WALTV
Slide 32: Cover pool terms and structure
Cover pool terms and structure Customer scoring • Regular and up to date credit scoring for customer credit class • The weakest classes are not cover pool applicable Collateral type Customer loan • No arrears more than 30 days 10% • Amortizing loans 99.05 % • Loans in cover pool have repayment sched
Slide 33: Geographic breakdown of cover pool Dec 2025
Geographic breakdown of cover pool 31 Dec 2025 Region Major City Volume Share in the pool Varsinais-Suomi Turku 624.1 20.8% Finland’s three (3) biggest growth South Ostrobothnia Seinäjoki 481.8 16.0% areas forecasted by the end of 2040*: Pirkanmaa Tampere 363.4 12.1% • Helsinki region Uusimaa Helsin
Slide 34: Operating Environment
Operating Environment omadp 34
Slide 35: Finnish economy expected to recover; government indebtedness Euro area average
Finnish economy expected to recover in 2025; government indebtedness Euro area average Macroeconomic outlook • Finland’s economy is still sluggish, but growth is picking up little by little. 2024 2025 2026F 2027F 2028F Due to the economy’s weak performance in the early months of the year, Real GDP g
Slide 36: Finnish household indebtedness lowest in Northern Europe
Finnish household indebtedness lowest in Northern Europe Household debt as % of net disposable income House price index, 2015 = 100 250 170 160 200 150 140 141,5 150 130 120 100 110 50 100 90 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2025 Q1 Q2 Norway Sweden Denmark Finland Euro area
Slide 37: Appendix
Appendix omadp 37
Slide 38: Key sustainability themes
Key sustainability themes We are local and We promote We contribute close to people collective well-being to sustainable development We want to be local and close to We have an important task to support We have the opportunity to positively people. Personal customer service is customers in the manag
Slide 39: Key figures
Key figures Total operating income Equity / Total assets Profit before taxes €221.4 million 8.3% €49.2 million Accounting period 1-12/2025 Accounting period 1-12/2025 Accounting period 1-12/2025 Comparable cost-income ratio Balance sheet total Number of employees 53.5% €7.5 billion 642 Accounting pe
Slide 40: Consolidated condensed income statement
Consolidated condensed income statement 40 Source: OmaSp. Non-audited figures for period ending 31 Dec 2025
Slide 41: Balance sheet
Balance sheet 41 Source: OmaSp. Non-audited figures for period ending 31 Dec 2025
Slide 42: OmaSp mortgage loan underwriting criteria
OmaSp mortgage loan underwriting criteria Identification of customers All mortgage applicants are identified, including their legal capacity. The financial position of the mortgage applicants is verified, including information of any internal and external payment defaults. Income status The income s
Slide 43: Ownership structure (as of 31 Dec 2025)
Ownership structure (as of 31 Dec 2025) Shareholder Shares % Ownership type 1% 3% Public sector 19% Etelä-Karjala's Savings Bank Foundation 8,578,759 25.7% Financial and insurance corporations Parkano's Savings Bank Foundation 3,330,000 10.0% Households Lieto's Savings Bank Foundation 3,125,049 9.4%
Slide 44: Thank You!
Thank You!
Slide 45: Disclaimer
Disclaimer This presentation contains information prepared by Oma Savings Bank Plc for the use of investors. The contents of this presentation, in whole or in part, must not be distributed, published, passed on, or reproduced, nor may its contents be disclosed by the recipient to any other person. T