First Quarter 2026 Press Release First Quarter 2026 Financial Results

1Q2026 Financial Results

• Organic Loan Growth of €1.1bn in 1Q2026 (+9.8% y-o-y)

• Managed funds up by €0.3bn in 1Q2026 (+25.9% y-o-y)

• Earnings per share (EPS) at €9 cents, with the adjusted net profit contribution of the non-Greek operations at 47%

• RoTBV at 15.1%

• TBV per share at €2.55

• Total CAD at 20.4%1, CET1 at 15.4%1

• NPE ratio at 2.6% - Provisions over NPEs at 94.1%

‌1 Pro forma for "Sun" (ex "Solar") NPE transaction and a synthetic securitization. Accounting for payout accrual. Including period profits, subject to AGM approval. Payout subject to regulatory and AGM approval.

"Despite a challenging environment, Eurobank continues its sustained solid performance and organic growth. During the first quarter of 2026, credit expansion was strong across all our core markets, with organic loan growth totaling €1.1bn and the loan book growing by 10% year-on-year. In Greece, corporate loans experienced significant growth, due to increased investments, while mortgages are gradually recovering. Wealth management delivered sound results, achieving a 26% year-on-year increase in managed funds. Earnings per

9

share reached cents, with the non-Greek operations contributing around half of the Group's profits.

Eurobank delivered the above results while the global economy continues to be affected by the developments in the Gulf region. Though it is currently hard to accurately quantify, there is a broad expectation that growth prospects, both globally and in the region, will take a hit, with GDP estimates already revised downwards. However, all our core markets are expected to continue outperforming the eurozone growth rate.

For Greece and Cyprus in particular, entering this international crisis from a solid fiscal footing is a major advantage which should be safeguarded by remaining anchored to a prudent fiscal policy, while providing the necessary relief measures to vulnerable households and businesses.

Overall, the first quarter demonstrated robust top line performance and reaffirmed our ability to sustain organic growth. As such, without underestimating the volatile geopolitical environment and its adverse impact on economic growth, we are on track to deliver our 2026 plan."

1Q2026 Financial Results Review

Eurobank's performance in 1Q2026 was robust. Specifically:

• Net interest income rose by 4.0% y-o-y to €664m. Net interest margin receded by 7 basis points y-o-y to 2.46%, reflecting primarily the reduction in the ECB rates (1Q2026 average ECB Deposit Facility Rate of 200 basis points, compared to 279 basis points for 1Q2025).
• Net fee and commission income expanded by 19.9% y-o-y to €203m, mainly due to fees from Lending and Wealth Management Business, as well as Insurance income following the acquisition of the ERB insurance subsidiaries in Cyprus in 2Q25 and accounted for 75 basis points of total assets.
• Core income grew by 7.4% y-o-y to €866m. Total operating income increased by 6.1% y-o-y to €877m.
• Operating expenses rose 8.5% y-o-y to €330m. The cost to core income ratio and the cost to total income ratio reached 38.1% and 37.6% respectively in 1Q2026.
• Core pre-provision income was up by 6.6% y-o-y to €536m, whereas pre-provision income was up by 4.7% to €547m.
• Loan loss provisions increased by 0.3% y-o-y to €76m, accounting for 55 basis points of average net loans.
• Core operating profit before tax was up by 7.8% y-o-y to €460m.
• Adjusted net profit was up by 0.7% y-o-y to €351m. Reported net profit reached €331m and includes, among others, a VES cost of €35m at Eurobank Ltd and a €19m gain from discontinued operations.
• EPS and the return on tangible book value reached €0.09 and 15.1%, respectively.

• The adjusted net profit of the non-Greek operations decreased by 10.4% y-o-y to €165m, contributing 47.0% to the profitability of the Group. Specifically, the adjusted net profit in Cyprus declined by 14.7% y-o-y to

  €103m and in Bulgaria was up by 2.2% y-o-y to €65m.

• The NPE ratio was 2.6% and the Provisions over NPEs were 94.1% at 31 March 2026.

• Capital adequacy remained robust, with Total CAD and CET1 ratios2 reaching 20.4% and 15.4% at 31 March 2026, respectively.
• Tangible book value per share reached €2.55 at 31 March 2026, up 6.7% y-o-y.
• Total assets amounted to €108.0bn at 31 March 2026, of which €62.3bn in Greece, €28.7bn in Cyprus and

  €14.0bn in Bulgaria.

• Loans grew organically by €1.1bn in 1Q2026, of which €0.4bn in Greece and €0.7bn in the non-Greek operations. Total gross loans amounted to €57.1bn at 31 March 2026, of which €37.7bn in Greece, €9.0bn in Cyprus and €9.3bn in Bulgaria. At Group level, business loans stood at €35.2bn, mortgages at €13.1bn and consumer loans at €5.0bn.
• Customer deposits amounted to €82.4bn at 31 March 2026 (down by €0.2bn in 1Q2026), of which €45.0bn in Greece, €23.8bn in Cyprus and €11.1bn in Bulgaria. The loans to deposits ratio and the liquidity coverage ratio were 67.6% and 165.3% at 31 March 2026, respectively.
• Managed funds grew by 25.9% y-o-y to €10.2bn at 31 March 2026. Private banking client assets and liabilities

increased by 6.2% y-o-y to €14.1bn at 31 March 2026.

‌2 Pro forma for "Sun" (ex "Solar") NPE transaction and a synthetic securitisation. Accounting for payout accrual. Including period profits, subject to AGM approval. Payout subject to regulatory and AGM approval.

Adjusted Net Profit

(€m)

349

351

1Q2025

1Q2026

Core Operating Profit

(€m)

426

460

1Q2025

1Q2026

NPE Ratio (%)

2,9

2,6

1Q2025

1Q2026

Provisions / NPEs (%)

89,1

94,1

1Q2025

1Q2026

Return on Tangible Book Value (%)

16,2

15,1

1Q2025

1Q2026

Capital Adequacy (%)

20,4

15,4

CET1

CAD

‌3 Excluding APS NPEs of Eurobank Ltd, which were classified as HFS since 30 September 2025 and were derecognised in the first quarter of 2026.

‌4 Excluding APS NPEs of Eurobank Ltd, which were classified as HFS since 30 September 2025 and were derecognised in the first quarter of 2026, as well as the respective provisions.

‌5 Pro forma for "Sun" (ex "Solar") NPE transaction and a synthetic securitisation. Accounting for payout accrual. Including period profits, subject to AGM approval. Payout subject to regulatory and AGM approval.

• Adjusted net profit: Net profit/loss attributable to equity holders of the parent company excluding restructuring costs, goodwill impairment/ gain on acquisition, gains/ losses related to the transformation and NPE reduction plans, contribution to Greek State's infrastructure projects, net gain/ loss from discontinued operations and income tax adjustments.
• Adjusted Basic Earnings per share (EPS): Net profit attributable to equity holders of the parent company, after deducting the coupons on AT1 capital instruments on an accrued basis (net of tax), divided by the weighted average number of ordinary shares outstanding, during the period.
• Common Equity Tier 1 (CET1): In accordance with the Regulation (EU) No 575/2013, as in force, Common Equity Tier 1 regulatory capital, divided by total Risk Weighted Assets (RWA).
• Core Operating Profit: Core pre-provision income minus impairment losses relating to loans and advances charged in the reported period.
• Core Pre-provision Income (Core PPI): The total of net interest income, net banking fee and commission income and income from non-banking services minus the operating expenses of the reported period.
• Cost to core income: Total operating expenses divided by total core operating income. Core operating income is the total of net interest income, net banking fee and commission income and income from non-banking services for the reported period.
• Cost to Income ratio: Total operating expenses divided by total operating income.
• Fees and commissions: The total of net banking fee and commission income and income from non-banking services of the reported period.
• Fees and commissions over assets ratio: The Fees and commissions of the reported period, annualized and divided by the average balance of continued operations' total assets (the arithmetic average of total assets, excluding those related to discontinued operations' at the end of the reported period, at the end of interim quarters and at the end of the previous period).
• Income from trading and other activities: The total of net trading income, gains less losses from investment securities and other income/ (expenses) of the reported period.
• Loans to Deposits ratio: Loans and advances to customers at amortised cost divided by due to customers at the end of the reported period.
• Liquidity Coverage Ratio (LCR): The total amount of high-quality liquid assets over the net liquidity outflows for a 30-day stress period.
• Net Interest Margin (NIM): The net interest income of the reported period annualised and divided by the average balance of continued operations' total assets (the arithmetic average of total assets, excluding those related to discontinued operations at the end of the reported period, at the end of interim quarters and at the end of the previous period).
• Non-performing exposures (NPEs): NPEs (in compliance with EBA Guidelines) are the Group's material exposures which are more than 90 days past-due or for which the debtor is assessed as unlikely to pay its credit obligations in full without realization of collateral, regardless of the existence of any past due amount or the number of days past due. The NPEs, as reported herein, refer to the gross loans at amortised cost except for those that have been classified as held for sale.
• NPEs formation: Net increase/decrease of NPEs in the reported period excluding the impact of write-offs, sales and other movements.
• NPEs Coverage ratio: Impairment allowance for loans and advances to customers and impairment allowance for credit related commitments (off balance sheet items), divided by NPEs at the end of the reported period.
• NPEs ratio: NPEs divided by gross loans and advances to customers at amortised cost at the end of the reported period.
• Pre-Provision Income (PPI): Operating income minus operating expenses as disclosed in the financial statements for the reported period.
• Provisions (charge) to average net loans ratio (Cost of Risk): Impairment losses relating to loans and advances charged in the reported period, excluding the amount associated with loans and advances to customers at amortized cost classified as held for sale, annualised and divided by the average balance of loans and advances to customers at amortised cost (the arithmetic average of loans and advances to customers at amortised cost, at the end of the reported period, at the end of interim quarters and at the end of the previous period).
• Return on tangible book value (RoTBV): Adjusted net profit, after deducting the coupons on AT1 capital instruments on an accrued basis (net of tax), divided by the average tangible book value.
• Tangible Book Value (TBV): Total equity excluding preference shares, AT1 capital instruments and non-controlling interests minus intangible assets.
• Tangible Book Value/Share (TBV/S): Tangible book value divided by outstanding number of shares as at period end excluding own shares.
• Total Capital Adequacy ratio: In accordance with the Regulation (EU) No 575/2013, as in force, Total regulatory capital divided by total Risk Weighted Assets (RWA). The RWA are the Group's assets and off-balance-sheet exposures, weighted according to risk factors based on Regulation (EU) No 575/2013, taking into account credit, market and operational Risks.

May 7th, 2026