Slide 1: 1H 2026 Results
EUROMONEY” UROMONEYG? ANARDS - ODG— ioc LODE” GREECE BEST BANK FOR CUSTOMER BEST EANKFOR SMES Optima bank 30 July 2026
Slide 2: Key 1H 2026 highlights
Key 1H 2026 highlights €104.3mn +29% YoY 27.2% Net Profit reported ROTE adj. for AT1 €5.8bn €7.1bn TCR * Loans Δ Depos Δ €1.6bn €1.9bn 17.37% 1.62% +37% YoY +37% YoY Loans Deposits Capital NPEs (%) *Capital ratio incorporates period profits, dividend provision 2
Slide 3: Key developments
Key developments Strong revenue generation Strong NII growth (+28% YoY) and fees growth (+63% YoY) Unabated volume growth Loans +37% YoY, Deposits +37% YoY, AuM +33% YoY €200mn AT1 issue First time issuance by the bank; coupon at 6.75%; 11x oversubscribed Top class NIM At 3.27%, Optima’s NIM stands
Slide 4: Strong core performance drove net profit growth in the double digits
Strong core performance drove net profit growth in the double digits Key P&L items €mn 2Q 2026 1Q 2026 QoQ YoY 1H 2026 1H 2025 YoY NII 67.3 62.0 9% 30% 129.3 101.2 28% Fees 22.6 19.0 19% 70% 41.6 25.5 63% Total revenues 97.4 84.0 16% 35% 181.5 140.3 29% Opex 19.8 18.7 6% 24% 38.6 32.3 20% PPI 77.6 6
Slide 5: KPIs remain top class on a European level
KPIs remain top class on a European level Key performance indicators 1Η 2026 1Η 2025 2Q 2026 1Q 2026 NIM 3.19% 3.43% 3.27% 3.23% NFM 1.02% 0.86% 1.10% 0.99% Cost to core income 22.57% 25.47% 22.04% 23.17% Cost of Risk 0.55% 0.54% 0.57% 0.54% RoTE adj. for AT1 27.23% 25.82% 28.65% 25.01% Loans/deposi
Slide 6: Another quarter of solid credit expansion
Another quarter of solid credit expansion Gross loans grew 37% YoY +€1.6bn YoY Loan disbursements Δ +276 +183 +690 +379 +326 €mn €mn 1,252 5,823 5,497 1,057 5,118 1,307 985 4,245 4,428 1,233 937 1,184 1,027 1,042 740 4,264 4,516 3,934 3,219 3,386 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 2Q 2025 3Q 20
Slide 7: Deposits run rate outpacing our guidance
Deposits run rate outpacing our guidance Deposits grew 37% YoY; +€1.9bn YoY Time deposits share in the mix Δ +420 +456 +651 +105 +704 €mn 7,108 6,299 6,404 5,648 5,192 2,336 55% 55% 57% 54% 57% 2,123 1,973 1,713 1,609 4,176 4,431 4,772 3,584 3,935 45% 45% 43% 46% 43% 2Q 2025 3Q 2025 4Q 2025 1Q 2026
Slide 8: Asset under management up by 33% YoY at €6.3bn
Asset under management up by 33% YoY at €6.3bn Total AuM* at €6.3bn; +€1.5bn Mutual funds inflows continued in 2Q 2026 Δ +439 +388 +188 +237 +732 €mn €mn +33% +53% 30.4 426.6 6,292 116.8 5,560 624 5,135 5,323 4,747 561 455 487 520 415 510 544 507 576 279.4 5,213 4,141 4,294 4,455 3,756 1H 2025 9M 20
Slide 9: Organic capital generation traded off asset growth and dividend accrual
Organic capital generation traded off asset growth and dividend accrual CET1 trajectory QoQ 0.93% 11.76% -0.27% 11.83% -0.59% 8.47% 0.25% 2.50% CCyB 1.22% CCB 4.50% Pillar 2R 1Q 2026 Organic dividend accrual Asset growth 2Q 2026 CET1 requirement CET1 9
Slide 10: Defensive balance sheet with solid liquidity metrics and €1.7bn in HQLAs
Defensive balance sheet with solid liquidity metrics and €1.7bn in HQLAs Healthy Liquidity Metrics HQLAs 1H 2026 Other securities 4% LCR NSFR 145.28% 127.35% Government bonds 48% €1,731mn Cash & Cash at Central Bank 48% L/D ECB funding/assets €mn 81.9% 0% 1,136 1,332 1,587 1,297 1,731 876 1Q 2025 2Q
Slide 11: Consistent expansion in the asset base, now at €8.7bn with TBV at €0.8bn
Consistent expansion in the asset base, now at €8.7bn with TBV at €0.8bn 1H 2026 assets grew 39% YoY Tangible Equity (€m) €mn €mn 1H 2025 1H 2026 Δ Cash & Cash at banks 1,091 1,366 275 499 Securities 798 1,321 523 144 Net Loans 4,190 5,740 1,550 736 789 609 Assets 6,250 8,676 2,425 355 243 Deposits
Slide 12: CX a key pillar of our business model
CX a key pillar of our business model Branch NPS (Net Promoter Score) Consistently high NPS 12M rolling 89.71 50 40 60 30 70 20 80 8.12 10 87.55 90 2023 2024 2025 2026 2.16 0 100 NPS measures the loyalty of customers to a company First developed in 2003 by Bain and Company Management Consultants
Slide 13: We raise our FY 2026 guidance to incorporate higher volume run rates
We raise our FY 2026 guidance to incorporate higher volume run rates and higher interest rates Previous FY 2026 Updated FY 2026 guidance guidance Loan book growth +€1.1bn +€1.35bn €6.5bn loans Deposit book growth +€1.4bn +€1.7bn €8.0bn deposits Net profit reported >€195mn >€210mn +24% growth Implied
Slide 14: Financial Analysis
Optima bank Financial Analysis
Slide 15: Q2 Core income +38% YoY at €90mn driven by loan growth and strong fees
Q2 Core income +38% YoY at €90mn driven by loan growth and strong fees Q2 NII grew 30% YoY Fees grew 70% YoY NIM 3.47% 3.27% NFM 0.89% 1.10% €mn €mn 2.5 22.6 16.6 1.2 1.5 67.3 4.4 -3.7 51.7 2.4 13.3 2Q 2025 Loans/LGs Wealth Mngt. Other 2Q 2026 2Q 2025 Loans Securities Deposits Other 2Q 2026 15
Slide 16: Higher base rate and increased volumes boosted NII in 2Q
Higher base rate and increased volumes boosted NII in 2Q NII Breakdown €mn 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 NIM down by 20bps YoY but +4bps on a QoQ Loans 56.6 56.0 60.5 67.4 73.2 basis, due to higher volumes and marginally higher base rate. Fixed income 6.7 5.1 6.9 7.2 7.9 Deposits -14.0 -14
Slide 17: Fees grew 70% YoY with most lines increasing in the double digits
Fees grew 70% YoY with most lines increasing in the double digits NFI Breakdown €mn 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 Fees from mutual funds (+93% YoY), brokerage Loans 2.9 2.6 5.6 3.0 4.3 (+109% YoY) and other fees (+113% YoY, mainly due to IB) the key drivers in 2Q. LGs 4.0 4.3 4.9 5.0 5.0 B
Slide 18: Cost efficiency remains top class
Cost efficiency remains top class Operating expenses Cost to core income FTEs (#) 605 610 627 641 663 €mn 19.8 24.8% 18.7 24.6% 17.6 16.0 16.6 2.4 2.2 2.2 2.6 2.3 6.7 6.2 5.2 5.4 4.9 23.2% 22.6% 9.6 10.3 10.8 8.9 9.1 22.0% 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 Staff costs G&A costs Depreciation Br
Slide 19: Well diversified loan book with its yield up by 8bps QoQ
Well diversified loan book with its yield up by 8bps QoQ Loan book rate Gross loans breakdown 1H 2026 5.0% Households 7.06% 6.95% 2.6% General services 6.74% 3.5% Prof.activities 6.26% 3.8% IT +1.0% QoQ 5.5% Other 5.69% -1.4% QoQ 6.4% Transport/storage 5.29% 7.6% Construction 4.89% 4.87% 4.92% 5.00%
Slide 20: Loan book breakdown
Loan book breakdown Retail Wholesale Mortgages SMEs - Revolving 15% 13% Consumer/Credit Cards 4% Large Corporates - BB - Revolving Term 33% 27% €1,307mn SMEs - Term €4,516mn 28% BB - Term Large Corporates - 54% Revolving 27% BB: Business banking-companies with turnover of €2.5-7.5mn SME: Small and m
Slide 21: Deposit growth driven primarily by retail customers
Deposit growth driven primarily by retail customers Deposits movement Deposits mix 766 7,108 67% 423 444 283 5,192 Retail, Time Retail, 38% Demand 29% Wh/sale, Demand Retail, Demand 2Q 2026 2Q 2025 Wh/sale, Time Retail, Time €7,108mn Wholesale Demand 14% Deposits rate Wholesale 1.63% 1.68% 1.62% Tim
Slide 22: Well diversified securities book
Well diversified securities book Securities book mix Breakdown per classification FVTOCI 12% GGBs 9% FVTPL 18% €1,321mn T-Bills 17% AMOC 70% Other 41% €1,321mn Securities over assets Other sovereigns 33% 17.6% 15.2% 14.5% 14.1% 12.8% 1H 2025 9M 2025 FY 2025 1Q 2026 1H 2026 22
Slide 23: Asset Quality
Optima Asset Quality
Slide 24: Healthy balance sheet with contained NPE flows
Healthy balance sheet with contained NPE flows Cost of Risk NPE/NPL ratio (bps) 56 41 79 54 57 59 NPE NPL 1.62% 9.4 1.48% 1.43% 8.0 1.31% 1.31% 7.1 5.7 4.4 0.53% 0.52% 0.50% 0.46% 0.43% 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 1H 2025 9M 2025 FY 2025 1Q 2026 2Q 2026 *Recurring cost of risk 24
Slide 25: 2/3s of NPEs at 0-89dpd with solid cash coverage
2/3s of NPEs at 0-89dpd with solid cash coverage Stage 3 coverage NPE buckets 156% 160% 149% 148% >90dpd 31% 138% 115% 100% 91% 122% 114% €94.1mn 0 dpd 67% 1-89dpd 2% 41% 48% 47% 38% 34% 1H 2025 9M 2025 FY 2025 1Q 2026 1Η 2026 Cash coverage Collateral coverage 25
Slide 26: Capital
Optima Capital
Slide 27: The AT1 issuance boosted the total capital ratio to 17.37%
The AT1 issuance boosted the total capital ratio to 17.37% Total capital trajectory QoQ 3.28% 17.37% 0.93% 14.27% -0.27% -0.83% 1Q 2026 Organic dividend accrual Asset growth AT1 2Q 2026 27
Slide 28: Sustainability
Optima Sustainability
Slide 29: Sustainability Achievements
Sustainability Achievements Support energy transition Memberships, Ratings & ✓ 95% renewable energy consumption (electricity) ✓ Green Asset Ratio: 1.26% (turnover)/ 2.66% (CAPEX) Awards ✓ 102.16 Kg CO2 emissions, avoided from being released ✓ 93 % reduction in Scope 2 (market- based) into the enviro
Slide 30: Sustainability strategy; driving sustainable impact across people, planet and governance
Sustainability strategy; driving sustainable impact across people, planet and governance Create value for people and Maintain sound governance Support energy transition the society model ✓ Μaintain high levels of employee ✓ Foster a culture of ethics, ✓ Minimize our own carbon and customers satisfac
Slide 31: Appendix
Optima Appendix
Slide 32: Income Statement
Income Statement in EURmn 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 Net interest income 49.5 51.7 52.2 56.6 62.0 67.3 Net fee and commission income 12.1 13.3 14.7 21.6 19.0 22.6 Core Income 61.6 65.1 66.9 78.2 80.9 90.0 Other income 2.5 1.5 1.7 2.2 0.5 2.2 Trading Income 4.3 5.3 3.8 4.5 2.6 5.
Slide 33: Income Statement
Income Statement in EURmn 1Q 2025 1H 2025 9M 2025 FY 2025 1Q 2026 1H 2026 Net interest income 49.5 101.2 153.4 210.0 62.0 129.3 Net fee and commission income 12.1 25.5 40.2 61.8 19.0 41.6 Core Income 61.6 126.7 193.6 271.8 80.9 170.9 Other income 2.5 4.0 5.7 7.9 0.5 2.7 Trading Income 4.3 9.6 13.4 1
Slide 34: Balance Sheet
Balance Sheet in EURmn 1Q 2025 1H 2025 9M 2025 12M 2025 1Q 2026 1H 2026 Cash & Cash at C.B. 842 1,091 1,171 1,005 1,044 1,366 Securities 748 800 975 1,333 1,102 1,321 Net Loans 3,920 4,190 4,368 5,050 5,422 5,740 PP&E 10 10 11 11 10 10 Intangible Assets 11 11 11 11 11 11 RoU assets 20 19 18 18 17 17
Slide 35: Macroeconomic environment
Macroeconomic environment CPI Jan 2022 - June 2026 GDP Jan 2022 – 1Q 2026 Nominal GDP* 9.2% 9.2% 7.8% 4.6% 9.6% 4.40% 5.3% 7.1% 4.7% 5.40% 5.5% 3.5% 2.0% 3.5% 2.8% 3.0% 2.70% 2.00% 3.10% 2.40% Real GDP* 1.9% 2.9% 2.8% 2Q 20 1Q 20 3Q 20 4Q 20 1Q 21 2Q 21 3Q 21 4Q 21 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 2
Slide 36: Positive outlook for the Greek economy
Positive outlook for the Greek economy Greek sovereign ratings Greek economic sentiment index Latest credit ratings Outlook 108.3 Last upgrade: 11/2025 BBB Stable (5/2026) Last upgrade: 4/2025 BBB Stable Jun 20 Jun 23 Jun 26 Jun 19 Jun 21 Jun 22 Jun 24 Jun 25 Dec 19 Dec 20 Dec 21 Dec 22 Dec 23 Dec 2
Slide 37: Glossary
Glossary Adjusted net profit: Net profit/loss adjusted after adding back one off expenses or deducting one off revenues Basic Earnings per share (EPS): Net profit attributable to ordinary shareholders divided by the weighted average number of shares Common Equity Tier 1 (CET1): Common Equity T
Slide 38: Disclaimer
Disclaimer This is a presentation of an exclusively informative nature, intended to provide general information about the Bank. Your participation in any way in an event at which the presentation is shown or your access to it in any other way constitutes an acknowledgment that you have read the term
Slide 39: Contact information
Contact information Kostantinos Vatousis, Head of Strategy, IR & ESG George Doukas, IRO kvatousis@optimabank.gr gdoukas@optimabank.gr 32 Aigialeias & Paradeisou str. Maroussi Athens 15125 Greece OPTIMAr.AT OPTIMA GA ISIN: GRS533003000 www.optimabank.gr 39
Slide 40: Optima bank
Optima bank