Hoist Finance Ab · OMXSTO:HOFI
Hoist Finance Ab — Q3 2025 Earnings Presentation
19 slides from Hoist Finance Ab's earnings presentation, Oct 24, 2025
Slide 1: Q3 2025 Results presentation
HoistFinance Q3 2025 Results presentation
Slide 2: Today's presenters
Today's presenters > © Harry Vranjes Magnus Sdderlund CEO CFO HoistFinance
Slide 3: Key highlights Q3
Key highlights Q3 = Profit before tax amounted to SEK 349m, compared to SEK 363m in the same quarter last year. Return on equity of 17.6 per cent, compared to 15.8 per cent in the same quarter last SEK Investment year 31,565m portfolio = Investments in new portfolios totalled SEK 2.4bn in the quarte
Slide 4: Q3 financial summary
Q3 financial summary Quarter 3 Quarter 3 SEKm 2025 2024 Change Interest income loan portfolios 1,238 1,195 4% Interest income coinvestment portfolios 47 1 >100% Other interest income 144 99 45% Interest expense ~492 -361 36% Net interest income 937 944 -1% Total impairment gains & losses 75 123 -39%
Slide 5: Investment portfolio acquisitions
Investment portfolio acquisitions 2022 2023 2024 2025 YTD SEK 6.9bn SEK 7.1bn SEK 10.8bn SEK 6.0bn :! 1 :! Ml :! 1 :! 45 = High market activity and strong pipeline ahead 28 = IRRs stabilised at attractive levels , 2,6 25 2,4 22 24 = After the quarter had been closed, another SEK 19 21 . 19 1.0bn of
Slide 6: Q3 asset class mix
Q3 asset class mix Investment portfolio Investment portfolio by asset class by market Ss 8% = Diverse presence across fourteen European SEK SEK markets 31.6bn 31.6bn = Secured asset mix increased from 23 per cent to 35 per cent over the past three years 16% Unsecured = Secured altaly =Germany = Spai
Slide 7: Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25
• • • Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25
Slide 8: Industry leading funding cost
Industry leading funding cost @ 1 4.4 4.4 44 41 3.5 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 8 Public information Net funding cost over Investment Portfolio as of period end Net funding cost at 4.4 per cent of the investment portfolio as of period-end The increase Q3'2025 vs Q3'2024 is due to: - Meet
Slide 9: Five quarters cost trend
Five quarters cost trend Direct costs Indirect costs FTE 2,635 1,221 2,282 2,275 __ 8 sad 1,102 1282 1,030 1,038 4. 999 311 545 270 265 271 454 461 451 cal 855 435 737 667 675 641 402 S29 336 351 321 9G5 2s 365 363 363 og ll Q3'24 Q4'24-—QT'25)Q2'25Q3'25 Q3'24 Q4'24-—QT'25)Q2'25Q3'25 Q3'24 Q4'24-—QT
Slide 10: CET1 capital position
CET1 capital position Capitalisation, % 12,21% 12.1% CET1-target range 11.1% * tee 8.77% = Strong capital position, well above regulatory requirement = SEK 1.1bn impact from NPL backstop regulation = With SDR status, CET1-ratio would increase approx. 2.5-3.0 per cent based on current backstop volume
Slide 11: Liquidity position
Liquidity position LCR, % NSFR, % Liquidity reserve, SEKbn LCR 1,835 NSFR 143 142 Liquidity reserve 27 1,738 138 26 25 128 127 24 1,537 1,065 15 752 Q3-24 Q4-24 QE25 = Q2-25Q3-25, Q3-24 Q4-24 QE25 —Q2-25Q3-25 Q3-24 Q4-24 Q1-25 Q2-25 —-Q3-25 * LCR regulatory limit based on SFSA legal position on * NS
Slide 12: Shorter- and longer-term benefits of becoming an SDR
Shorter- and longer-term benefits of becoming an SDR What Specialised Debt Restructurer-status will mean for Hoist Finance Specialised Debt Restructures (SDRs) are exempted from the EU backstop regulation. For Hoist Finance, becoming an SDR will mean: More capital available for growth and capital re
Slide 13: Another solid quarter while progressing towards SDR
Another solid quarter while progressing towards SDR Key takeaways eh @> Delivering strong return on equity of 17.6 per cent Busy investment quarter, high market activity and a strong pipeline ahead Al ¥) Further expanded footprint in Northern Europe, acquiring the first loan portfolio in Finland Q T
Slide 14: HoistFinance
loistFinance
Slide 15: Appendix
Appendix HoistFinance
Slide 16: Status on the SDR criteria
Status on the SDR criteria Fulfilling the full SDR-criteria on each reporting date during the preceding financial year > From the regulatory text (article 36(5) CRR), conditions to be complied with, on an individual and consolidated basis, to qualify as SDR: The main activity of the institution is t
Slide 17: Shorter- and longer-term benefits of becoming an SDR
Shorter- and longer-term benefits of becoming an SDR What Specialised Debt Restructurer-status will mean for Hoist Finance Background = To notify as an SDR, the full regulatory criteria needs to be met on each reporting date during the financial year preceding SDR-notification and after notification
Slide 18: Overview non-recurring items
Overview non-recurring items A Q3'24 Q4'24 Q1'25 Q2'25 Q3'25, Pal nominal sEKm sEKm sEKm sEKm sEkm Positive Impairment gains and losses 77 revaluation, Poland Derecognition gains and losses Total operating income 77 (0) (0) (0) (0) 4 Re-structuring, 7 Re-structuring, Personnel expenses 22 Spain 4 Sp
Slide 19: HoistFinance
HoistFinance