Alior Bank S A : Q1 2024 Results Presentation

About this update from Alior Bank Sa

Presentation of results for 1Q'24 Warsaw, April 25, 2024 Agenda 1. Operating activities Credit risk Financial results 4. Other issues 2 Operating activities Alior Bank's financial results stabilize at a high level Total revenues (PLN mn) +170 mn (+13%) In 1Q'24 revenues of the Alior Bank Group amounted to PLN mn 1 498. The Bank's revenues remain at a high level net interest income PLN mn 1 269 (+15% y/y) net fees and commissions PLN mn 211 (+1% y/y) Compared to 1Q'23 revenues increased by PLN mn 170 (+13%). 1 328 1 358 1 413 1 533 1 498 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 Net profit (PLN mn) +212 mn (+58%) In 1Q'24 the Bank's result was charged with a provision for the contribution to the BFG resolution fund in the amount of PLN mn 40.6. 1Q'24 net profit amounted to PLN mn 578 and was PLN mn 212 (+58%) higher than in 1Q'23. 4 572 587 578 506 366 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 Another successful quarter for Alior Bank - improvement in the quality and size of the loan portfolio Assets (PLN bn) +8% 91,4 84,3 Gross Loans (PLN bn) +7% 66,3 62,3 Gross Performing Loans* (PLN bn) +9% 61,2 56,1 1Q 23 1Q 24 1Q 23 1Q 24 1Q 23 1Q 24 C/I 1Q'24 ROE 1Q'24 TCR 1Q'24 36.4% 24.4% 17.46% +1.7 p.p. y/y +1.7 p.p. y/y +2.10 p.p. y/y NIM 1Q'24 COR 1Q'24 NPL 1Q'24 5.96% 0.68% 7.65% +0.15 p.p. y/y -0.93 p.p. y/y -2.15 p.p. y/y 5 * Volume of gross loans classified to stages 1 and 2 Good quarter for the Retail Customer segment RETAIL CUSTOMERS Implementation of a new service under the "Top up your account" option in Alior Pay. For new Customers, the service allows you to top up your account from PLN 500 up to the limit. For 30 days at no cost, after this period it can be repaid in 11 installments. Digitization of the process of disbursing the Loan in conventional and remote channels by limiting paper printouts (main gains: saving printing costs, ESG support, reducing banker's time commitment) Nearly 60k Personal Accounts opened due to among others a TV campaign (January-February) and changes in the Mega Savings Account (MSA) promotion, where we offer a 7% rate to Customers who transfer new funds into the MSA, decide to open a Personal Account and actively use it. LOAN SALES MORTGAGE LOAN SALES CONSUMER FINANCE SALES MOBILE USERS 1.6 PLN BN 1.6 PLN BN 1.3 PLN BN 1.1 MN SPRZEDAŻ POŻYCZKI (-2% y/y) (+323% y/y) (+85% y/y) (+18% y/y) 6 Growth of the Bank's key products - mortgage loans* Sale of mortgage loans (PLN bn) +323% -21% 2,07 1,64 0,99 0,60 0,39 RETAIL CUSTOMERS Number of Customers with a mortgage loan (k) +11% 74,7 75,1 76,5 80,8 83,1 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 In Q1'24, the Bank disbursed PLN 1.2 billion of the 2% Safe Mortgage . The total volume of loans disbursed under the "First Home" program reached over PLN bn 3.6 . 6.3% Market share of new sales in 1Q'24 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 Gross mortgage loan portfolio (PLN bn) Market share +21% 3.8% (portfolio) 18,4 19,5 17,0 16,1 16,2 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 7 * Retail Customer - residential mortgage loans Growth of the Bank's key products - cash loans* Sales of loans (PLN bn) -2% +14% 1,60 1,69 1,49 1,57 1,38 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 52% Share of remote sales in 1Q'24 7.9% Market share of new sales in 1Q'24 RETAIL CUSTOMERS Number of Customers with a loan (k) -2% 390 392 391 385 384 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 Gross consumer loan portfolio (PLN bn) Market -3% share 10.4% (portfolio) 16,7 16,6 16,7 16,3 16,2 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 8 * Retail Customer - consumer loans Growth of the Bank's key products - Consumer Finance (CF) loans RETAIL CUSTOMERS Sales of CF loans (PLN bn) Number of CF Customers (k) +85% +22% -30% 1 537 1 569 1,91 1 282 1 318 1 372 1,42 1,35 1,17 0,73 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 Providing the ability to confirm one's identity through the 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 Gross loan portfolio (PLN bn) Market share 19.3% (portfolio) +28% mObywatel app during the online process of applying for an installment loan, thanks to which customers can quickly finance their purchases. Increasing the security of Clients through changes in the content of correspondence sent electronically in favor of static information (mitigating the risk of possible fraud) and in the method of securing documents sent to Clients electronically. 4,0 4,1 5,0 5,1 4,4 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 9 Effective establishment of a lasting relationship with Customers RETAIL CUSTOMERS Number of Individual Customers (mn) Number of accounts "Konto Jakże Osobiste" (k) +8% +20% 4,36 4,41 803 761 4,10 4,14 4,20 732 700 670 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 Number of Customers with systematic account inflows (k) Number of motorway journeys and tickets paid through the Alior Mobile application (k) +5% +22% 1 052 1 065 1 072 1 087 1 100 565 558 606 630 517 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 10

View stock analysis, news, and events for Alior Bank Sa