Investor Presentation in November, 2025

Investor Meeting

1

November 26, 2025

Fukuoka Financial Group

Investor Meeting

Executive Summary

Solid progress of 54.5% against the FY2025 full-year earnings projection (consolidated net income ¥80.0 billion)

• Consolidated core business profit reached ¥66.6 billion (+¥7.9 billion year-on-year), driven by an increase in domestic net interest income (due to an improvement in yields on loans and

  deposits and an increase in income from market operations) and the recording of revenue from external system sales related to Minna Bank.

• Regarding gains (losses) on securities, while gains on the sale of stocks were recorded, losses on the sale of bonds were also recorded due to the rebalancing of certain domestic bonds in anticipation of future interest rate rises.

  Although core businesses remain solid, the projection for consolidated net income remains unchanged, as the initial plan for credit cost is maintained to prepare for future risks.

  Initiatives to Improve FFG's Corporate Value

Aim to achieve ROE exceeding the initial plan by growing the commercial, investment, and market business divisions and capturing the benefits of interest rate increases

• [Initial plan (assumed policy interest rate: 0.5%)] FY2025: 8.3%, FY2027: 9%, Target level for the future: 10%

  Enhancing dialogue with stakeholders for the sustainable growth of FFG

• Strengthening information disclosure and dialogue to foster a deeper understanding of FFG's long-term strategy among investors and other stakeholders

Fukuoka Financial Group

Contents

Part I

FY2025 Financial Progress and Earnings Projection

Financial Results for First Half of FY2025: Consolidated Core Business Profit

• Consolidated core business profit increased by ¥7.9 billion year-on-year to ¥66.6 billion, marking solid progress of 53.5%.

  Consolidated core business profit

¥66.6 billion

YoY chg. +¥7.9 billion Progress 53.5%

Increase/decrease factors in consolidated core business

profit

YoY chg. +¥7.9 billion

①

Domestic net interest income +¥7.4 billion (excluding special factors +¥9.6 billion)

② ③

Consolidated expenses

Subsidiaries, consolidation adjustment, etc.

Non-interest income

International division

Fund transactions, etc.

Income from market

operations, etc.

Interest on deposits and loans

Absence of large fund exits

① Domestic net interest income increased due to increases in interest on deposits and loans and income from market operations, fully offsetting the absence of gains from large fund exits recorded in the previous year.

② Subsidiary income increased due to the recording of revenue from external system sales related to Minna Bank.

③ Core business profit increased following aggressive

growth investments for the future, including increases in base pay and DX initiatives.

FY2024 FY2025

Financial Results for First Half of FY2025: Drivers of Growth in Domestic Net Interest Income (banks total)

• Domestic net interest income increased, driven by improved loan yields and higher dividends. We also secured

  Domestic net interest income (¥ bil.)		2025/1H	YoY chg.
  Total		111.5	+7.4
  ①	Interest on deposits and loans	78.7	+3.9
  		Interest on loans and discounts	98.4	+20.8
  		Volume variance	-	+2.4
  		Rate variance	-	+18.4
  		Interest on deposits	-19.7	-16.9
  ②Interest on securities		23.1	+3.3
  		Interest on bonds, etc.	11.8	+3.4
  		Dividends, etc.	9.9	+3.2
  		Fund exits, etc.	1.3	-3.4
  ③	Fund transactions, etc.	9.7	+0.3
  		Loans to Government, etc.	10.5	+9.0
  		Current account deposits at the BOJ	19.4	+11.1
  		Short-term fund procurement, etc. *1	-20.2	-19.9

  ① Interest on deposits and loans
  ② Interest on securities
  ③ Fund transactions, etc.	- Remained flat as the increase in income from current account deposits at the BOJ and loans to Government was offset by higher market procurement costs and interest rate swap payments

  • Yield on loans increased as a result of capturing rising domestic interest rates

  • The rise in yield on deposits was contained as focus was on acquiring deposits without engaging in interest rate competition

  • Secured investment capacity by restraining investment in domestic bonds (fixed-rate) in anticipation of future interest rate rises (duration shortened to 1.7 years)

  • Offset the absence of the previous year's gains from fund exits with increased dividends from stocks and investment trusts in market operations

  adequate investment capacity for future domestic bonds.

  *1 Including interest rate swaps

  (Unit: ¥ bil.)

  115.6

  [ALM operations]

  Domestic net

  interest income' (excluding interest rate swaps)

Interest rate

swaps

*2

111.5

104.1 106.5

96.1 95.9

86.6 85.8

-¥9.4 billion

7.7

9.2

0.6

2.7

5.7

0.0

-3.7

-3.1

Domestic net interest income

*2 Net gains (losses) from fixed-rate receipt and floating-rate payment 6

Financial Results for First Half of FY2025: Consolidated Net Income

• Consolidated net income increased by ¥4.4 billion year-on-year to ¥43.6 billion driven by growth in core business profit,

  marking solid progress of 54.5%.

  Consolidated

  net income

¥43.6 billion

YoY chg. +¥4.4 billion Progress 54.5%

Increase/decrease factors in consolidated net income

YoY chg. +¥4.4 billion

②③ Total -0.1

①

[Reference] ROE 8.92%

YoY chg. +1.22%

Tax expenses

Other

operating/extraordinary income (loss)

Credit cost

Gains (losses) on stocks

Gains (losses) on bonds

Core business profit

① Core business profit increased by ¥7.9 billion year-on-year.

② Gains (losses) on securities improved due to the absence of the impact from the previous year's securities portfolio restructuring.

③ Credit cost increased year-on-year due to the absence of the previous year's recovery of large loans

FY2024 FY2025

Financial Results for First Half of FY2025: Securities and Credit Cost

Securities (FFG consolidated)

Credit cost (FFG consolidated)

• Recorded gains on sales of strategic shareholdings, etc. (including stocks reclassified as pure investment)

  		2025/1H	YoY chg.
  Gains (losses) on securities		0.9	+4.5
  	Gains (losses) on bonds	-4.2	+7.4
  o/w Yen interest rates		-2.9	+8.3
  	Gains (losses) on stocks	5.2	-2.9
  o/w Strategic shareholdings, etc. *		3.4	+3.0

• Rebalancing of certain domestic bonds in anticipation of future interest rate rises yen interest rates

- While credit cost remains low due to recoveries, etc., new bankruptcies and downgrades were substantial at -¥14.5 billion, warranting close monitoring

[Credit cost]

(Reversal)

* Includes stocks reclassified from strategic shareholdings to pure investment

(Projected)

-17.2

(Provision)

Bankruptcies, downgrades (banks total) Subsidiaries, etc. Recovery, etc.

FY2025 Earnings Projection, Shareholder Returns

• Projection for consolidated core business profit revised upward reflecting interim results. Initial plan for consolidated net income left

Earnings projection

unchanged at this stage to prepare for future risks.

Key points in revision of earnings projection

① Core business profit revised upward, reflecting strong progress in the first half for domestic net interest income, etc.

② Credit cost left unchanged from initial plan, given the situation of new bankruptcies and downgrades in the first half.

③ Projection for consolidated net income left unchanged at this stage to assess trends for ① and ② in the second half and to prepare for future risks.

Shareholder returns

(no change from initial projection)

Interim dividend ¥85 (+¥20 YoY) Annual forecast ¥170 (+¥35 YoY) Dividend payout ratio 40%

Part II

Initiatives to Improve Corporate Value