Turkiye Sinai Kalkinma Bankasi A.s. · BIST:TSKB
Turkiye Sinai Kalkinma Bankasi A.s — Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q3 2025 Earnings Presentation
21 slides from Turkiye Sinai Kalkinma Bankasi A.s's earnings presentation, 2025
Slide 1: Earnings Presentation 3Q-25 Bank-only Results
The Industrial Development Bank of Tiirkiye Earnings Presentation 3Q-25 Bank-only Results meres REGIONAL ( FTSE4Good “please note that any kind of recording including but not limited to screenshots, video recording, recording via external devices etc, of this presentation it is strictly forbidden fo
Slide 2: 3Q25 Summary: Quarterly results in support of year-end targets
3Q25 Summary: Quarterly results in support of year-end targets Strong liquidity & well FX loan growth continues No new NPL inflow since en : a . . 7 diversified funding capacity: with new long term loan 1Q2024, maintained stage 2 + USD 350mn Eurobond issuance disbursements reaching USD and 3 loans r
Slide 3: Financial Guidance (Bank Only)
Financial Guidance 9M-25 Figures YE25 Guidance Outlook (Bank Only) % % % Growth FX Adjusted Loan Growth 5.6 Low Teens On track Profitability Net Interest Margin 5.7 ~5 Upward Fees & Commissions Growth -27 ~ CPI Downward Return On Equity* 31.2 ~30 On track Efficiency OPEX Growth 55 > CPI Neutral Solv
Slide 4: Strong ROE performance supported by continued robust earnings performance
Strong ROE performance supported by continued robust earnings performance Net Profit -TL mn Yearly ts] Quarterly One-off NPL collections eran released OM-24 9M-25 CumulativeROE U7 ¢35% ROE, if when free % ss — provision stock \ isteleased «= s._completely _- 31.2% 3M-25 6M-25 9M-25 “ROE cakulation e
Slide 5: Excluding one-offs, there is quarterly expansion in NII, net banking income and bottom line
Excluding one-offs, there is quarterly expansion in NIl, net banking income and bottom line TLmn 9M-24 Net Interest Income 8,500 Nilexc. CPI LinkerIncome 5,618 Trading Income/Loss 879 Net Fees & Commissions 413 Other Income (Inc. Dividend) een Banking Income 10,343 OPEX (-) 1,563 Net Banking Income
Slide 6: Maturity Profile of External Debt - USD mn
✓ ✓ ✓ ✓ Maturity Profile of External Debt - USD mn 400 -100 -22 - - - -380 -338 -330 -31 -600 -324 -152 -61 -1,000 -1,100 -2,765 -1,600 -2,100 -2,600 1 to 12 months 1 to 3 years 3 to 5 years >5 years Guarenteed LT Funding Eurobond & PP Money Market Funding Syndication & P/N etc.
Slide 7: Sustaining Growth Through a Healthy Asset Base
Sustaining Growth Through a Healthy Asset Base Asset Composition - TL bn Total Loans - TL bn 206.4 ee M25 [4.1] 4.98 10-25 2Q-25 3Q-25 10-25 2Q-25 Loans w= Securities Cash &MM mNon IEAs & Other im FX Loans ($) = TLLoans 3Q-25 Loans by Currency Remaining Average Maturity - Years TRY: _ USD; Weight |
Slide 8: Loan portfolio by sector
Electricity Generation 29.4% 12% 2% 16% Metal & Machinery 9.1% 2% Finance 7.3% 6% Logistics 7.2% 16% 7% Chemistry & Plastics 6.6% Electricity/Gas Distr. • 6.5% 8% • Construction Materials 6.1% • 12% 8% Health 5.1% 10% • Textile 4.3% • Food & Beverage 3.5% Tourism 2.7% Paper and Forestry Products 2.4
Slide 9: Total Provision and Coverage by Stage
1Q-25 2Q-25 3Q-25 Total Provision* (mn TL) 7,905 7,422 7,826 Stage 1 857 902 997 Stage 2 4,118 4,784 5,076 Stage 3 2,930 1,735 1,753 1Q-25 2Q-25 3Q-25 Total Coverage 4.2% 3.6% 3.6% Stage 1 0.5% 0.5% 0.5% Stage 2 33.6% 32.7% 32.9% Stage 3 90.3% 91.3% 92.9% • • • • •
Slide 10: Securities
(/ Securities 10 Front-loaded and ongoing security investments will continue to support NII Total Securities Portfolio Breakdown Assets: 17% TL47.4bn TL 48.5 bn TL51.1bn | 1 | | | 26.7 1Q-25 2Q-25 3Q-25 mTL (bn) =FX{$ bn) r 45% in FX p 55% inTL TL Securities Portfolio Breakdown* 10-25 20-25 3Q-25 *
Slide 11: Outstanding NIM performance beyond expectations
Outstanding NIM performance beyond expectations Net Interest Income inc. Swap Cost (TL mn) Annualized NIM +16% yoy 3,486 3,837 3,697 = CPI Income | 735 | 5.7% 5.7% = NI excl. CPI & Swap Cost m Swap Cost 2,857 CO) 1Q-25 20-25 3Q-25 1Q-25 2Q-25 “IEA Evolution can be seen in the Appendix v Strong and r
Slide 12: Maintained Strong Solvency metrics supports our growth strategy
Maintained Strong Solvency metrics supports our growth strategy Capital Ratios Without BRSA Temporary Measures Evolution of RWA and Equity -TL bn 20.5% Bev 279.6 20.3% 20.3% 236.4 19.2% 19.2% ae | al 341 48:0 3a5 534 ae 572 10-25 20-25 3-25 Bea: 20-25 Bo eTier|Ratio mCAR =RWA =CoreEquity =Total Capi
Slide 13: Sustainable Banking Highlights
Sustainable Banking Highlights Sustainable Finance Targets Reporting Share of loans linked to billion USD - 2030 Target CDP Corporate Questionnaire Z climate and __. Climate and Environment Focused covitemmnenieieae =) Submitted in mid-September SDG Linked Loan Disbursement 4 SDC: since 2024 q 59% A
Slide 14: x BS & Qa =
x BS & Qa =
Slide 15: Appendix: Balance Sheet
AN Appendix: Balance Sheet Cash and Banks Securities Loans (Gross) Provisions Subsidiaries Other Total ST Funds LT Funds Securities Issued Repo & MM. Other Subordinated Debt Shareholders’ Equity 23,438 51,138 217,885 - 7,898 13,128 7,789 305,480 18,023 145,381 58,825 20,462 7,654 12,429 42,705 TL 1
Slide 16: Appendix: Detailed Income Statement
Appendix: Detailed Income Statement TLmn 9M-24 9M-25 YoY 20-25 3Q-25 QoQ Net Interest Income inc. Swap Cost 8,500 10,685 26% 3,837 3,697 -4% Nil exc. CPI & Swap cost 8,252 10,238 24% 3,319 4,063 22% CPI Linkers Income 2,882 2,188 -24% 813 640 21% Swap Costs (-) 2,635 1,741 -34% 295 1.006 241% Net Fe
Slide 17: Appendix: Evolution of strategically managed Interest Earning Assets
17 Appendix: Evolution of strategically managed Interest Earning Assets Interest Earning Assets (bn TL) 239 264 281 v Interest Earning Assets were up by 6.4% QoQ and 39% YoY, which was driven by + High FX denomination + Growth strategy 10-25 20-25 30-25 mLiquid Assets mSecurities ®Loans
Slide 18: Appendix: Stage Loans Breakdown
Appendix: Stage 2 Loans Breakdown Stage 2 Loans Sector % Coverage (%) Non-residential Real Estate 35 22 Electricity Generation 31 45 Electricity/Gas Distribution 15 50 Telecom/Logistics 4 9 Automotive Supply Industry 3 30 Metal and Machinery 2 10 Health 1 50 Other 9 19 TOTAL 100 33 + Hard collateral
Slide 19: Provisions (TL mn) 3Q25
Provisions (TL mn) 3Q25 Stage 1* 99 Stage 2** 1,414 Stage 3 179 Reversals*** (TL mn) -1,645 Net CoR 32 bps Currency Impact 104 bps Net CoR excl. Currency Impact -72 bps
Slide 20: Appendix: ESG Ratings
Appendix: ESG Ratings SUSTAINALYTICS FTSE4Good Constituent company in the FTSE4Good Index Series ech Sustainable reN Fitch Sustainable Fitch 3 (62/100) First place in Tiirkiye Above global average ROH LSEG Bivins Listed in Global 100 Most LSEG ESG Score Sustainable Corporations in the 84 World by Co
Slide 21: Disclaimer
DISCLAIMER This presentation document is prepared for informational purposes only and contains certain forward-looking comments, opinions, and forecasts. These reflect the views of Turkiye Sinai Kalkinma Bankasi A.S. ("TSKB") as of the date of this presentation and contain certain assumptions. Altho
Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — Q3 2025 Earnings Presentation on 6ix