KB Group 3Q 2025 Financial Results Presentation

Prague, 30 October 2025

KB transformation story Macroeconomic environment Business performance Financial performance

Asset quality and cost of risk Capital and dividends Outlook for 2025

Appendix

Highlights as of 30 September 2025

Highlights of 9M & 3Q 2025

Income statement 9M 2025

Group net income

CZK 13.6 billion

+8.3% YoY (recurring* +35.1% YoY)

CZK 71.93 per share

Cost / Income ratio

46.4% (46.1% IFRIC 21 linearised)

ROE

14.5% (14.6% IFRIC 21 linearised)

Q3 2025

Group net income

CZK 4.8 billion

-22.9% YoY (recurring* +28.6% YoY)

CZK 25.28 per share

Cost / Income ratio

43.4% (44.4% IFRIC 21 linearised)

ROE

15.9% (15.6% IFRIC 21 linearised)

Business performance

Gross loans (outstanding volume)

+3.6% YoY +1.0% QoQ Housing loan sales in 9M +48.2% YoY

Deposits

+0.1% YoY +2.6% QoQ Current account volumes +3.2% YoY

Other assets under management

+6.6% YoY +0.7% QoQ Mutual funds +9.6% YoY

Other highlights

Successful acquisition of new clients and migration of retail clients from legacy systems to KB+ new digital bank. As of 30 Sep 2025, 1,460,000 customers enrolled in KB+, of which 283,000 new customers

As of 25 September, Cécile Bartenieff has become member and chairperson of the Supervisory Board

Further renewal of the senior management team. Etienne Loulergue to become

KB's Chief Financial Officer from 15 December 2025

KB ranked #1 in Czechia in Euromoney's Cash Management Survey 2025

* Excluding one-off gain from sale of HQ building in 3Q 2024

Balance sheet & Capital

Total capital ratio

18.4%

Loan/Deposit ratio

82.0% (excluding repo)

Core Tier 1

17.6%

LCR

144%

NSFR

131%

Macroeconomic environment Business performance Financial performance

Asset quality and cost of risk Capital and dividends Outlook for 2025

Appendix

KB transformation story

Highlights as of 30 September 2025

• Significant simplification of products and processes including single navigation environment in mobile app, desktop for clients as well as in dashboards for relationship managers

• Full functionality of the application for new clients authorized via BankID identity

  in digital onboarding within 10 minutes

• One multicurrency current account for up to 15 currencies comprising (depending on subscription plan):

  • Instant outgoing and incoming payments (CZK wire transfers), virtual payment cards

  • Instant currency exchange with preferential rates for premium subscribers

  • Term and savings deposits with dedication envelopes and preferential rates for

    premium subscribers, building savings

  • Domestic and international ATM withdrawals and deposits free-of-charge

  • Travel and injury insurance, insurance of personal belongings and payment cards

  • Chat and videocall button in the app, Ruby virtual assistant

  • Debit and credit cards, overdraft, mortgages, consumer loan, loan consolidation

  • Pension savings, mutual funds investment contracts

  • Periodic cash-flow reviews and outlook

• To arrive in 2026: online brokerage

• Net Promoter Score at 38

  (September, clients using KB+ 6 months and more)

• No. 1 most downloaded banking app in the Czech

  Republic in Apple's App Store and Google Play

• Rated 4.3 in App Store, 4.5 in Google Play

• 99.8% vital process availability for KB+ customers

Limited edition payment cards with unique design

KB Transformation

Fast switching of individual customDeigrsittaol tKrBan+sactions in KB's

(millions of KB individual customers)

2.0

1.5

1.0

0.5

0.0

Jan-23 Jul-23 Jan-24 Jul-24 Jan-25 Jul-25 Jan-26 KB+ Individuals Total KB Individuals

Predominant share of mobile banking transactions in KB+

84%

16%

1%

mobile banking

other digital channels classical channel

Increasing number of client interactions with the bank in KB+ Logins to KB's digital banking tools (mil.)

35

30

25

20

15

10

5

0

2022

2023

Legacy system

2024

2025

KB+

Productivity of distribution network supported by rising share of digital sales

KB+

3,100

3,000

2,900

2,800

2,700

2,600

2,500

3,080

2,970

launch

52.7%

54.0%

2,862

34.3%

16.7%

18.4%

23.6%

2,715

0

2020

2021

2022

2023

2,473

2024

2,383

60

50

40

30

20

10

1H2025

0

Number of FTEs in distribution

KB's share of digital sales

Digital sales in KB+

38%

4%

100%

65%

1%

Assisted

End-to-end digital (self-service)

Overdraft Investment

contracts

Saving and term accounts

Partially digital

Insurance

Personal account packages

Consumer loan

0%

0%

33%

1%

36%

58%

58%

40%

OneGroup

• Unifying marketing communication under the KB brand

• Simplifying the product portfolio, offering consistent solutions to customer needs

• Sharing the distribution networks. Expanding product and service offer of the Group network (KB Poradenství)

• Harmonising cooperation with third parties while deepening expertise

• Harmonising the IT environment, converging all subsidiaries to high KB's technology standards, merging systems and applications

• Centralisation expert and support functions (including risk, compliance, legal, HR, finance, comms, sourcing, payroll, facility services)

• Bringing KB Group's head office teams together from multiple locations into a state-of-the art office centre in Prague-Stodůlky

Modrá

pyramida

• Full responsibility for development, processing and administration of housing loans for KB Group

• New fully digital housing loans product factory merged two product lines in one while improving significantly efficiency of all housing-loan related processes, increasing processing capacity and shortening time-to-market

  
  
  

  SGEF

  Czech Republic and Slovakia

• Acquisition of the remaining stake in the domestic leader in asset-based corporate financing

  complementing the bank loan financing

• Unlocking potential for further operational and commercial synergies

Upvest

• Online investment platform for debt and equity structuring and financing of real estate

• High standard of diligence and risk management for all investment opportunities brokered

• High sales efficiency underpinned by fully online onboarding of new clients based on BankID authentication. The volume of newly brokered financing increased 29-fold between 2020 and 2024

Business performance Financial performance

Asset quality and cost of risk Capital and dividends Outlook for 2025

Appendix

Macroeconomic environment

Highlights as of 30 September 2025

KB transformation story

Czech GDP development (% year-on-year)

8

6

4

2

0

-2

-4

-6

4.1

KB Economic Research Forecast

2.9

0.2

1.1

2.1

1.6

2021

GDP

2022 2023

2024

Inventories Net export

2025F

Others

2026F

Households

GDP in 2Q 20251) up by 0.5% QoQ and up by 2.6% YoY. YoY growth supported by domestic demand, mainly household consumption

Industrial production -4.2% YoY, construction output +17.1% YoY in August 2025 Wages in 2Q 2025 up +7.8% YoY nominal and +5.3% YoY real

Unemployment rate at 3.2% in August 20252)

Stagnating industrial production offset by dynamic construction (% year-on-year, working day adjusted)

20

15

10

5

0

-5

-10

01/24

Industry

06/24

Construction

01/25

Construction - trend

06/25

Consumer price inflation at 2.3% YoY in September (-0.6% MoM). Core inflation at 2.8% YoY. HICP (Eurostat) at 2.0% YoY in September

As of 30 September 2025, EUR/CZK at 24.34, CZK stronger by 1.7% QoQ and by 3.3% YoY; USD/CZK was at 20.73, CZK stronger by 1.9% QoQ and by 7.9% YoY

CNB 2W repo rate at 3.5% (-50 bps Ytd)

As of 30 September 2025, 3M PRIBOR was 3.51% (-41bps Ytd). 10Y IRS was at 4.17% (+36bps Ytd), 5Y IRS at 3.92% (+26bps Ytd) and 10Y CZGB at 4.56% (+34bps Ytd)

Notes: Source of indicators Czech Statistical Office, CNB, unless stated otherwise.

1. According to final estimate of Czech Statistical Office from 30 September 2025

2. According to Eurostat, seasonally adjusted

Financial performance Asset quality and cost of risk Capital and dividends Outlook for 2025

Appendix

Business performance

Highlights as of 30 September 2025 KB transformation story

Macroeconomic environment

Group lending (excl. repo, incl. client bonds)

(CZK billion)

+3.6%

+1.0%

Net loans to deposits ratio at 82.0%

824.1 838.2 848.3 849.3 859.5 868.0

Liquidity coverage ratio 144%. Net stable funding ratio 131%

95.1

96.4

97.6

98.1

98.7

99.0

2.7%

Development of additional consumer finance products in KB+ banking app

New sales of housing loans in 9M25 up by 48.2% YoY. Quarterly sales in Q3 the highest since 2021

281.6

38.6

2Q 2024

284.2 286.6

39.0 39.1

3Q 2024 4Q 2024

287.3 291.7 299.3

39.1 39.5 39.8

1Q 2025 2Q 2025 3Q 2025

5.3%

2.0%

2.7%

Sales volume of housing loans (KB mortgages + MPSS loans)

(CZK million)

+55.2%

+15.5%

13,675

14,000

12,448

13,192

18,787

21,700

2Q 2024

3Q 2024

4Q 2024

1Q 2025

2Q 2025

3Q 2025

Group business and other loans (excl. repo, incl. client bonds)

(CZK billion)

+2.7%

+0.1%

408.8 418.6 424.9 424.7 429.6 429.9

47.9

48.3

47.9

47.9

48.7

49.7

2.8%

325.8 335.1 340.4 341.3 344.2 343.7

2.6%

Business lending growth faster in working capital financing, while demand for investment lending affected by global economic uncertainty and increased corporate clients' bond issuance

Negative contribution from 3.3% YoY appreciation of CZK v. EUR represents 1.1% of total lending. Negative contribution from 1.7% QoQ appreciation of CZK v. EUR represents 0.4% of total lending.

35.2 35.2 36.6 35.5 36.7 2Q 2024 3Q 2024 4Q 2024 1Q 2025 2Q 2025

KB corporates, ESSOX Wholesale, Factoring and other

36.5 3.7%

3Q 2025

Tombstones

Client deposits stable, other AUM up +6.6% Group deposits (excluding repo operations)

(CZK billion)

+0.1%

+2.6%

Non-deposit assets under management

(CZK billion)

+6.6%

268.5

273.9

278.7

283.0

+0.7%

290.0 291.9

9.6%

2.1%

3.1%

2Q 2024 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025

AUM in mutual funds

KP Life insurance reserves (total savings)

Client assets managed by KB Pension company

76.1

75.2

73.4

73.7

73.8

75.5

47.4

46.1

46.4

1,059.4 1,057.6 1,029.5 1,038.9 1,031.5 1,058.3

50.8

50.4

50.4 48.6 46.4

341.4 337.1 338.2

45.1

-10.4%

1.7%

-0.1%

661.0

9.1

639.7

7.3

644.4

8.9

630.9

6.9

661.6

8.3

660.3

8.3

2Q 2024

3Q 2024

4Q 2024

1Q 2025

2Q 2025

3Q 2025

KB Individual deposits

+0.1%

+2.6%

Sales of mutual funds (CZK billion)

9.5

9.1

11.8

11.9

Gross 2.4

2.7

6.0 4.1

9.8

7.6

3.0 2.7

4.2

5.8

4.7

4.5

3.8

Net

0.4

3.3

1.3

2Q 2024 3Q 2024

1.5

4Q 2024

1.8

1Q 2025

1.6

0.5

1.5

1.0

2Q 2025 3Q 2025

Fixed income funds

Equity & other funds

3.2

2.9

2.2

2.8

2.6

4.9

6.8

6.4

7.0

1,059.4 1,057.6 1,029.5 1,038.9 1,031.5 1,058.3

3.2%

-3.9%

458.1

7.1

436.9

6.7

454.2

7.1

340.5

6.7

476.9

6.1

475.8

5.9

2Q 2024

3Q 2024

4Q 2024

1Q 2025

2Q 2025

3Q 2025

Term and savings accounts

Asset quality and cost of risk Capital and dividends Outlook for 2025

Appendix

Financial performance

Highlights as of 30 September 2025 KB transformation story Macroeconomic environment

Business performance

Drivers for year-on-year change in attributable net profit (as of 30 September 2025)

+8.3%

+35.1%

12,539

2,307

191

13,584

10,057

619

168

381

194

-314

-2,481

-19

Reported One- Recurring NII NFC NPFO & Regul. 9M 2024 off in 9M 2024 other funds

9M NBI

2024

OPEX

(w/o Regul. funds)

CoR Other* Tax Reported

9M 2025

*Other includes: Income from share of associated companies, Net profit/(loss) on subsidiaries and associates, Net profits on other assets and Profit attributable to the Non-controlling owners

Profitability indicators for 9M 2025 (annualised)

.

* Assuming linear accrual of regulatory funds charges over the whole year (IFRIC 21 linearisation)

Development of quarterly net profit…

(CZK million)

+28.6%

6,195

+3.3%

4,705

3,540

3,713

4,186

4,623

4,775

2Q 2024

3Q 2024

4Q 2024

1Q 2025

2Q 2025

3Q 2025

Reported profit attributable to the shareholders Recurring profit*

* Excluding one-off gain from sale of HQ building in 3Q 2024

… and its drivers (CZK million)

-31

-100

-812

2Q 2024 3Q 2024

-9

-369

-12

-40

-931

4Q 2024 1Q 2025

496

-382

-850

529

-21

-817

328

-10

-830

2Q 2025

3Q 2025

NBI

OPEX w/o Regulatory funds

Regulatory funds

CoR

Other

-4,035

-4,107

-4,213

-4,371

-4,257

-4,241

9,322

9,039

9,135

30 Sep 2025

846

870

228

38

236

38

226

40

Amounts due/from banks incl. central bank Loans and advances to customers (net) Securities and trading derivatives

Other assets

31 Dec 2024

30 Sep 2024

-0.6%

3.9%

2.8%

-11.2%

1,622

1,536

1,660

-2.3%

Year-on-year

Assets

(CZK billion)

-2.3%

1,660

1,536

1,622

119

61.1%

1,175

-5.5%

13

66

13

66

12

63

58

31 Dec 2024

Year-on-year

30 Sep 2025

-3.6%

-3.4%

-9.2%

-0.6%

Amounts due to banks Amounts due to customers Securities issued

Subordinated and senior non preferred debt

Other liabilities

Total equity

124

130

125

Liabilities and Equity (CZK billion)

30 Sep 2024

Year-to-date

(CZK million)

+3.3%

Other

NII from deposits NII from loans

NII from IB

18,691

1,300

0%

19,310

1,296

8,433

4%

8,781

7,569

4%

7,839

1,388

9M 2024

0%

1,393

9M 2025

Net interest margin (%)

1.64% 1.71% 1.64% 1.64% 1.72%

1.74%

1.71% 1.71% 1.67% 1.70% 1.68% 1.70%

2Q 2024

3Q 2024

4Q 2024

Year-to-date

1Q 2025

2Q 2025

3Q 2025

Quarter-to-date

NII from deposits - supported by higher share of current accounts on total deposits. Non-interest-bearing mandatory reserve requirement doubled (to 4%) from January

Quarterly (CZK million)

+3.9%

+1.5%

6,158

447

6,256

360

2,987

6,587

414

6,404

423

6,404

449

6,501

425

2,570

402

2Q 2024

386

3Q 2024

464

4Q 2024

2,583

530

1Q 2025

2,578

428 2Q 2025

2,678

435 3Q 2025

NII from loans - overall lending spreads stable, except slightly declining consumer and large corporate loan spreads

Other NII - dividend payout in late May, profit accrual, rates development

Average market rates on new CZK loans (%, until Aug/Sep 2025)

10

8

6

4

7.96

4.65

4.62

3.81

3.49

Consumer loans Mortgages

Business loans

3M PRIBOR 5Y IRS

0

01/23 07/23 01/24 07/24 01/25 07/25

Year-to-date*

(CZK million)

+3.4%

4,925

5,093

Transaction fees Deposit product fees Loan fees

Fees from cross-selling

Spec. fin. services & Other

-12%

2%

-16%

14%

9M 2024

9M 2025

1,191

13%

1,053

564

263

Transaction fees

Financial trajectory driven by gradual migration of clients to KB+ new digital bank and inclusion of wire transfers in KB+ subscription plans. Total number of transactions up driven by card and other non-cash payments. In 2Q25, one-time settlement with a card association

Deposit product fees

Quarterly* (CZK million)

2,366

+0.4%

+1.3%

1,669

478

182

1,665

455

180

1,768

132

165

1,652

1,673

373

191

106

102

97

84

82

2Q 2024

3Q 2024

4Q 2024

1Q 2025

327

2Q 2025

358

3Q 2025

Clients are moving to new KB+ offer and gradually upgrading to higher subscription plans within KB+. Lower fees for building savings accounts

Loan fees

Stable income from retail business loans and consumer loans. Lower housing loan, credit card and overdraft fees

Fees from cross-selling

Better income from mutual funds, insurance, card acquiring

Specialised financial services and other fees

Strong contribution from loan syndications and private banking mainly in 4Q24 and 1Q25. Positive trend also in DCM services, custody

* Structure of fees and commissions adjusted in 2025 to better reflect the advances in transformation of retail banking.

Sales activity

Client activity influenced by global economic news flow, seasonal patterns. Continued competitive pressure on pricing/spread levels

Solid FX flow business, clients' FX hedging activity impacted by CZK appreciation

Decent IR hedging activity reflecting new financing volumes and rates shifts

Net gains on FX from payments

Seasonally strong FX conversions activity related to travelling in Q3 Overall higher number of FX transactions YoY, adjusted spreads

Year-to-date

(CZK million)

+7.6%

2,783

2,996

Capital markets

Net gains on FX from payments Other

19%

1,666

1,670

2

9M 2024

0

9M 2025

0%

Quarterly (CZK million)

+1.3%

+15.4%

1,089

1,048

1,103

857

937

956

2Q 2024

3Q 2024

4Q 2024

1Q 2025

2Q 2025

3Q 2025

598

0

544

0

529

0

568

0

632

0

Year-to-date

(CZK million)

-4.3%

Personnel costs

GAE (excl. Res. and similar funds) Resolution and similar funds Depreciation

-13,341

9M 2024

-12,767

9M 2025

Personnel expenses - average number of employees (FTE) in 9M25 decreased by -5.5% YoY to 7,064

Administrative costs - savings across all main categories

Regulatory funds - lower 2025 charge for Resolution Fund due to achieving the

target volume of the Fund and yield on Fund's assets

Quarterly (CZK million)

-3.4%

-2.0%

-10

-4,272

2Q 2024

-4,267

3Q 2024

-4,382

4Q 2024

-4,595

1Q 2025

-4,128

2Q 2025

-4,044

3Q 2025

D&A - still reflecting mainly investments in digitalisation, some impact from reduction of branch premises

46.9

1.1

45.8

46.1

Regulatory funds linearised

YtD excl. Res. and similar funds

1H 2024 9M 2024 FY 2024 1Q 2025 1H 2025 9M 2025

Quarter-to-date (as reported)

49.0

0.4 48.6

46.5

0.1 46.4

45.7

0.2 45.4

43.4

Regulatory funds contribution

QtD excl. Res. and similar funds

2Q 2024 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025

50.3

4.2 46.1

43.6

Cost to Income ratio (%)

Year-to-date (IFRIC linearised)

49.5 49.2 48.2 47.2

2.2 2.2 2.2 1.0

47.3 47.0 46.0 46.1

Capital and dividends

Outlook for 2025 Appendix

Asset quality and cost of risk

Highlights as of 30 September 2025 KB transformation story Macroeconomic environment Business performance

Financial performance

Loan portfolio up by 3.6% YoY and by 1% QoQ

Group lending (CZK billion)

824.1 838.2 848.3 849.3 859.5 868.0

Stable credit risk profile

685.1

699.6

708.5

714.4

755.8

768.6

• Stage 2 share down to 9.7% (vs. 10.2% in 2Q 2025), driven by post-inflation reserve release on small business segment

  122.8

  16.2

  121.9

  16.8

  123.4

  16.4

  118.0

  16.9

  87.5

  16.2

  84.0

  15.5

• NPL share at 1.8% (vs. 1.9% in 2Q 2025)

• NPL provision coverage ratio up to 47.8% (vs. 46.3% in 2Q 2025)

  2Q 2024 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025

  Loans - Stage 1
  Loans - Stage 2
  NPL loans
  
  

  Provision coverage (CZK billion)

  NPL ratio evolution

  2.0%

  2.0%

  1.9%

  2.0%

  1.9%

  1.8%

  2Q 2024

  3Q 2024

  4Q 2024

  1Q 2025

  2Q 2025

  3Q 2025

  -1,609 -1,647 -1,567 -1,502

  -4,170 -4,095 -4,182 -3,493

  -1,491

  -3,036

  -1,476

  -2,750

  -6,966 -7,428 -7,273 -7,522 -7,514 -7,397

  43.1% 44.2% 44.3% 44.6% 46.3% 47.8%

  -12,745 -13,170 -13,023 -12,517 -12,040 -11,623

  Provisions for Stage 1
  Provisions for Stage 2
  
  
  Provisions for NPL loans NPL coverage ratio
  
  Cost of risk development

  3Q 2025 CoR net release at CZK 328 million

  Total Cost of risk (CZK million)

  607

496 529

49

479

328

192

• CZK 136 million in net release on non-retail exposures driven by the successful resolution of a few NPL corporate client situations

• CZK 192 million in net release on retail exposures driven by the release

  112 2

  -214

  -100

  2Q 2024

  1

  -202

  -168

  -369

  3Q 2024

  -152

  106 6

  -40

  4Q 2024

  0 -111

  1Q 2025

  1

  2Q 2025

  0 136

  3Q 2025

  of post-inflation reserve on small business segment

  9M 2025 CoR at -20 bps

  CoR Retail
  CoR Non-retail
  CoR legacy
  
  

  Total Cost of risk (Year-to-date, in basis points)

• Non-retail CoR at -36 bps driven by the (i) successful resolution of one watch-listed corporate client situation, (ii) successful resolution of a few

  17

  13

  10

  17

  14

  12

  12

  11

  10

  9 3

  -22 -22

  -4

  -20

  NPL corporate client situations

  -56

  -49 -36

  2Q 2024

  3Q 2024

  4Q 2024

  1Q 2025 2Q 2025 3Q 2025

• Retail CoR at -4 bps reflecting (i) YoY lower inflows into default for small business and consumer lending exposures, (ii) the release of post-

inflation reserve on mortgage loan exposures and small business

Total Non-retail Retail

Segment and stage contribution to 9M 2025 CoR -20 bps

segment

Non-retail NPL portfolio

Non-retail performing portfolio (Stage 1 & 2) Retail NPL portfolio

Retail performing portfolio (Stage 1 & 2)

-4 bps

-14 bps

1 bps

-3 bps

Outlook for 2025

Appendix

Capital and dividends

Highlights as of 30 September 2025 KB transformation story Macroeconomic environment Business performance

Financial performance

Asset quality and cost of risk

Contributions to shareholders' equity in 9M 2025 (CZK million)

130,037

124,373

-292

-1,712

1 Jan

2025

YtD profit Dividends Revaluations* Minority

interest

30 Sep

2025

* Re-measurement of securities, cash flow hedges, FX positions, pension benefits and equity stakes in associates

Total capital adequacy at 18.4% over the Overall Capital Requirement of 16.6%

CET 1 ratio at 17.6% over the required 12.0% (minimum T1 at 14.0%) as from 1 Jan 25 Tier 2 capital represented 0.8% of RWA

KB has taken EUR 2.4 billion of senior non-preferred loans to meet MREL

MREL adequacy at 28.8% vis-à-vis 20.8% MREL requirement, 27.1% total (MREL+CBR) requirement as from 11 August 2025

30-Sep-24

19.0%

17.9%

106.4

99.9

558.7

448.7

33.7%

Total capital adequacy Core Tier 1 ratio

Total capital (CZK billion) CET1 capital (CZK billion) Total RWA (CZK billion) Credit RWA (CZK billion) RWA / Total assets

31-Dec-24

Contributions to capital adequacy ratio in 9M 2025 (%)

18.77

0.44

-0.42

18.43

-0.36

31 Dec

2024

RWA

Credit Risk

RWA Other Current

year profit provision

(100%)

Dividend

OCI &

Other

30 Sep

2025

-2.40

2.40

30-Sep-25

18.4%

17.6%

104.3

99.6

565.7

448.5

34.9%

18.8%

17.6%

106.3

99.9

566.3

462.2

36.9%

Appendix

Outlook for 2025

Highlights as of 30 September 2025 KB transformation story Macroeconomic environment Business performance

Financial performance

Asset quality and cost of risk Capital and dividends

The text below updates and replaces outlook for 2025 first presented alongside release of KB's full year 2024 results on 6 February 2025 and updated with 1st quarter 2025 results on 30 April 2025 and with 2nd quarter results on 31 July 2025. Investors are advised to consider high level of uncertainty and risks when formulating their investment decisions based on expectations provided below.

Macroeconomic assumptions

Banking market assumptions

• Czech economy expected to accelerate marginally in full 2025 and to stagnate in its second half. The growth of GDP should be driven predominantly by gradually recovering domestic demand

• Inflation should remain within the CNB's 1-3% tolerance band, on average just slightly above its midpoint

• Lending market to grow at a mid-single-digit pace, unsecured consumer lending to maintain high-single-digit pace, housing loans to accelerate to higher mid-single-digits. Corporate lending to grow more slowly than retail loans

• Bank deposits market should grow at mid-single-digits pace overall, relatively slightly faster in retail

  KB business outlook

• Group's lending should grow at a mid-single-digit rate. Housing loans should grow at mid- single-digits supported by improved sales volumes and lower interest rates. Consumer lending to increase at low- to mid-single-digits. Corporate lending should expand also at a mid-single digit rate

• Total deposits expected to expand at a low- to-mid-single-digit pace. Share of current accounts expected to increase marginally

• Continuation of strategic transformation, including completion of migration of individual clients to the new digital bank (NDB), commencing transition of entrepreneurs and small business clients into the NDB

  KB financial outlook

  Potential risks

• Revenues should improve at a low- to mid-single-digit rate year on year, supported by a mid-single-digit growth of NII and NPFO, while NFC may retreat slightly

• OPEX to be reduced by a mid-single-digit rate. Continuing overall simplification, optimisation of branch network, decrease in staff number by approx. 500 (FTE), lower contributions to Resolution Fund, growing amortisation charge reflecting digitalisation investments

• Credit risk profile expected to remain resilient despite the geopolitical and macroeconomic uncertainties, with a full year 2025 cost of risk expected to record a net release at the level of low-teens bps, primarily supported by the release of provisions booked on non-defaulted loan exposures

• Geopolitical conflicts, weak external demand, disruption of international trade due to protectionism, sharp changes in interest or FX rates, monetary or fiscal policy

‌Appendix

Highlights as of 30 September 2025 KB transformation story Macroeconomic environment Business performance

Financial performance Asset quality and cost of risk Capital and dividends

Outlook for 2025

Number of bank clients (thousands, CZ)

1,641

1,625

1,652

1,664

1,727

1,764

2020

2021

2022

2023

2024

Sep-25

YoY

Number of clients

KB Group's clients Komerční banka

• Individual clients

• KB+ users

Modrá pyramida

KB Penzijní společnost

ESSOX (Group)

Distribution network

KB Retail branches

KB Poradenství outlets

ATMs (KB network)

ATMs (Total shared network) Number of active debit cards Number of active credit cards

-13,000

55,000

56,000

743,000

-44,000

-31,000

KB+ users (thousands)

1,460

1,028

1,136

1,269

717

482

281

3

22

50

137

Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25

-12,000

-18

7

-32

-39

61,000

6,000