Interim Financial Statements for the Quarter ended 31st December 2025

For the twelve months ended 31 December 2025 Company Registration Number: PQ 118

Nations Trust Bank records a strong FY2O25 with a PAT of LKR 19.3Bn, highlighting financial strength and next--phase growth readiness

• LKR 143Bn Loan Crowth, up 50% YoY

• Profit After Tax of LKR 19.3Bn, up 15% YoY

• Net Stage 3 Ratio ofO.9y%

• Tier T Capital Ratio at 19.61%

• Totat Capital Adequacy Ratio of 20.72%

• Return on Equity 21.86%

Nations Trust Bank PLC (NTB) delivered a strong end fo fhe financial year, reporting robust financial results for fhe 12 months ending 31 December 2025, with a Profit After Tax (PAT) of LKR 19.3Bn, reflecting a 15% year-on-year growth. The Bank's performance was driven by healthy asset growth, resilient Nef Interest Margins (NIMs) and disciplined risk management, reflected in a low Net Stage 3 Ratio of 0.91%. A strong capital base underpinned fhis momentum, with a Return on Equity (ROE) of 21.86%, highlighting the Bank's strategic success and its readiness to pursue the next phase of growth.

Nations Trust Bank, Director and Chief Executive Officer, Hemantha Gunefilleke, stated, "The Bank's performance in fhe year 2025 reflects the resilience of our business model and the disciplined execution of our strategy at Nations Trust Bank. The 500/ growfh in loan book is an indication of our commitment fo supporting fhe growth of consumers, SMEs and Corporates and the broader Sri Lankan economy. This growth helps drive investment, expansion, and economic recovery across key sectors of the country. As we continue to strengthen our capital base and liquidity position, we remain focused on creating value through service excellence, digital capability and customer-centric innovation."

As a result of efficient asset-liability management and prudent pricing strategies, the Bank sustained a NIM of 6.05%. The Bank's Earnings Per Share for fhe fwelve months ending 31st December 2025 increased to LKR 57.76, against LKR 50.39 recorded during fhe same period last year. Asset quality remained sound, with the Net Stage 3 Ratio contained at 0.91%, highlighting prudent lending and effective credit risk management.

assification: Public

Strong financial performance continues to bolster NTB's capital base with a Tier 1 Capital Ratio of 19.61% and a Tofal Capital Adequacy Ratio of 20.72%, well above fhe regulatory requirements of 8.5% and 12.5%, respectively.

Following fhe binding Sale and Purchase Agreement signed with HSBC Sri Lanka in September 2025, NTB received official approval from fhe Central Bank of Sri Lanka (CBSL) in December 2025 to acquire HSBC Sri Lanka's retail banking operations. The transaction is scheduled fo conclude in the second quarter of 2026. The acquisition will integrate approximately 200,000 customer accounts, including premium banking clients, credit cards, and retail loans into NTB's portfolio. By significantly expanding its presence in the premium retail segment, NTB strengthens its future readiness, driving long-ferm growth.

Nations Trust Bank PLC serves a diverse range of customers across Consumer, Commercial and Corporate segments through multi-channel customer touch points. The Bank focuses on digital empowerment through cutting-edge digital banking technologies. NTB is an issuer and sole acquirer of American Express Cards in Sri Lanka with market leadership in the premium market segments.

assification: Public

NATIONS TRUST BANK PLC INCOME STATEMENT

Bank

Group

Twelve Months Ended 31 December

Quarter ended 31 December

Twelve Months Ended 31 December

Quarter ended 31 December

Net Other Operating Income

Total Operating Income

Impairment Charges/(Reversals)

Net Operating Income

Less: Operating Expenses Personnel Expenses

Depreciation of Property, Plant and Equipment Depreciation of Right of Use Assets Amortisation of Intangible Assets

Other Operating Expenses Total Operating Expenses

Operating profit/(loss) before VAT and SSCL on financial services

Less: Value Added Tax (VAT) on financial services

Less: Social Security Contribution Levy (SSCL) on financial services

Operating profit/(loss) after VAT and SSCL on financial services

Profit / (loss) before Income Tax Less: Income Tax Expense

Profit / (loss) for the Period

Profit Attributable to:

Equity Holders of the Bank

Earnings per share on profit Basic Earning Per Share (LKR)

# Classification: Internal

Diluted earnings per ordinary share (LKR)

NATIONS TRUST BANK PLC STATEMENT OF COMPREHENSIVE INCOME

Profit for the Period

16,532,266

14

4,584,730

16,802,432

15

(6)

Bank

Twelve Months Ended 31 December

Quarter ended 31 December

Group

Twelve Months Ended 31 December

2025

LKR '000

(Audited)

2024

LKR '000

(Audited)

Change

(%)

2025

LKR '000

2024

LKR '000

Change

(%)

2025

LKR '000

(Audited)

2024

LKR '000

(Audited)

Change

(%)

Quarter ended 31 December 2025 2024 Change

LKR '000 LKR '000

(%)

18,879,772

4,262,983

(7)

19,258,077

4,347,378 4,635,212

Other Comprehensive Income/(Expense) that will be Reclassified to Profit or Loss in Subsequent Periods;

Exchange differences on translation of foreign operations Net gains/(losses) on cash flow hedges

Share of profits of associates and joint ventures

Net gains/(losses) on investments in debt instruments measured at fair value through other comprehensive income

Less: Tax (Expenses) / Reversal relating to items that will be reclassified to income

statement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(951,578)

3,276,369

(129)

(1,219,764)

3,513,975

(135)

(951,578)

3,276,369

(129)

(1,219,764) 3,513,975

(135)

285,473

(666,105)

(982,911)

2,293,458

129

(129)

365,929

(853,835)

(1,054,192)

2,459,783

135

(135)

285,473

(666,105)

(982,911)

2,293,458

129

(129)

365,929 (1,054,192)

(853,835) 2,459,783

135

(135)

Other Comprehensive Income/(Expense) that will not be Reclassified to Profit or Loss in Subsequent Periods:

Change in fair value on investments in equity instruments designated at fair value

through other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

financial liabilities designated at fair value through profit or loss Re-measurement of Post Employment Benefit Obligations Changes in revaluation surplus

Share of profits of associates and joint ventures

Less: Tax (Expenses) / Reversal related to the items that will not be reclassified to income statement

-(61,624)

77,401

-

-(114,812)

163,724

-

-46

(53)

-

-(61,624)

77,401

-

-(114,812)

163,724

-

-46

(53)

-

-(57,883)

151,479

-

-(120,891)

369,117

-

-52

(59)

-

- -

(57,883) (120,891)

151,479 369,117

- -

-52

(59)

-

(4,733)

11,044

(14,673)

34,239

68

(68)

(4,733)

11,044

(14,673)

34,239

68

(68)

(28,078)

65,518

(74,468)

173,758

62

(62)

(28,078)

65,518

(74,468)

173,758

62

(62)

Attributable to:

Equity Holders of the Bank Non-Controlling Interest

Other Comprehensive Income for the Period, Net of Tax

Total Comprehensive Income for the Period, Net of Tax

# Classification: Internal

NATIONS TRUST BANK PLC STATEMENT OF FINANCIAL POSITION

Bank Group

As at

ASSETS

31.12.2025

LKR '000

(Audited)

31.12.2024

LKR '000

(Audited)

31.12.2025

Change (%)

LKR '000

(Audited)

31.12.2024

Change (%)

LKR '000

(Audited)

Cash and Cash Equivalents

Balances with Central Bank of Sri Lanka Placements with banks

Reverse Repurchase Agreements

Derivative Financial Instruments

Financial Assets Recognised through Profit or Loss - Measured at Fair Value Financial Assets Recognised through Profit or Loss - Designated at Fair Value Financial Assets at Fair Value through Other Comprehensive Income Financial Assets at Amortised Cost - Debt Instruments

Financial Assets at Amortised Cost - Loans and Advances Other Assets

Investments in Subsidiaries

Investments in associates and joint ventures Property, Plant and Equipment

Investment properties Right of Use Assets Intangible Assets Deferred Tax Assets Total Assets

19,864,631

2,045,786

1,437,818

645,794

613,468

11,589,905

-133,112,729

88,897,718

430,368,007

2,412,826

678,710

-4,026,924

-1,970,691

1,782,628

1,127,396

700,575,031

20,814,512 (5)

1,183,473 73

2,472,707 (42)

2,389,147 (73)

224,298 174

17,194,759 (33)

- -

107,014,877 24

96,796,064 (8)

287,362,553 50

2,484,475 (3)

678,710 -

- -

3,018,207 33

- -

1,284,457 53

1,408,451 27

1,114,316 1

545,441,006 28

19,864,477

2,045,786

1,437,818

645,794

613,468

11,589,905

-133,112,729

88,897,718

430,368,007

2,444,550

-

-5,110,266

-1,540,432

1,782,965

854,968

700,308,883

20,814,515 (5)

1,183,473 73

2,472,707 (42)

2,389,147 (73)

224,298 174

17,194,759 (33)

- -

107,014,877 24

96,796,064 (8)

287,362,553 50

2,493,084 (2)

- -

- -

4,083,195 25

- -

1,284,746 20

1,408,927 27

863,450 (1)

545,585,795 28

LIABILITIES

Due to Banks

Derivative Financial Instruments

Financial Liabilities Recognised through Profit or Loss - Measured at Fair Value Financial Liabilities Recognised through Profit or Loss - Designated at Fair Value Financial Liabilities at Amortised Cost

Due to Depositors Repurchase Agreements Due to Other Borrowers

Debt Securities Issued Retirement Benefit Obligation Current Tax Liabilities

Due to subsidiaries Other Liabilities Total Liabilities

-14,580,677

606,682,955

- -

12,869,931 13

468,554,699 29

-14,627,281

603,393,260

- -

12,941,381 13

466,108,720 29

EQUITY

Stated Capital Statutory Reserve Fund Retained Earnings

OCI Reserve Revaluation Reserve

Total Shareholders' Equity

13,007,641

4,554,407

69,679,491

5,535,616

1,114,921

93,892,076

12,106,281 7

3,610,418 26

53,907,147 29

6,201,721 (11)

1,060,740 5

76,886,307 22

13,007,641

4,554,407

72,069,790

5,535,616

1,748,169

96,915,623

12,106,281 7

3,610,418 26

55,916,522 29

6,201,721 (11)

1,642,133 6

79,477,075 22

Total Equity and Liabilities

Contingent Liabilities and Commitments Memorandum Information

Number of Employees Number of Branches

Number of Off-Site ATMs and CRMs

700,575,031

486,646,914

2,444

90

24

545,441,006 28

405,421,234 20

2,455

95

22

700,308,883

486,646,914

2,462

90

24

545,585,795 28

405,421,234 20

2,473

95

22

CERTIFICATION :

Note: Amounts stated are net of impairment and depreciation.

I certify that these financial statements comply with the requirements of the Companies Act No. 07 of 2007. Sgd.

Kushlani Allis

Chief Financial Officer

We, the undersigned being the Chairperson, Director and Executive Director/Chief Executive Officer of Nations Trust Bank PLC certify jointly that:

1. the above financial statements have been prepared in compliance with the format and definitions prescribed by the Central Bank of Sri Lanka;

2. the information contained in these financial statements has been extracted from the audited financial statements of the Bank and the Group, unless indicated as audited.

Sgd.

Sherin Cader

Sgd. Sgd.

Coralie Pietersz Hemantha D Gunetilleke

Chairperson

Director

Executive Director/Chief Executive Officer

# Classification: Internal

20 February 2026 Colombo

NATIONS TRUST BANK PLC STATEMENT OF CHANGES IN EQUITY

BANK (Audited)

Stated Capital

Voting Non-Voting

LKR '000 LKR '000

Statutory Reserve Fund

LKR '000

Retained Earnings

OCI Reserve

LKR '000

LKR '000

Revaluation Reserve

LKR '000

Total

LKR '000

8,053,767

3,373,124

2,783,805

39,879,962

3,908,263

946,133

58,945,054

As at 01 January 2024

Total Comprehensive Income for the Period

Profit/(loss) for the year (net of tax) - - - 16,532,266 - - 16,532,266

Other Comprehensive Income (net of tax) - - - (80,368) 2,293,458 114,607 2,327,697

Total Comprehensive Income for the Period

- - - 16,451,898 2,293,458 114,607 18,859,963

Transactions with Equity Holders, Recognised Directly in Equity

Share issue/increase of assigned capital - - - - - - -

Share options exercised - - - - - - -

Bonus issue - - - - - - -

Rights issue - - - - - - -

Profit transferred to head office - - - - - - -Gain/(loss) on revaluation of Property, Plant and

Equipment (if cost method is adopted) - - - - - - -

Dividend paid for 2023 587,203 92,187 - (1,597,817) - - (918,427)

Fractions of shares paid in cash for 2023 - - - (283) - - (283) Conversion of Non-Voting Shares to Voting Shares 1,046 (1,046) - - - - -Transfers to the Statutory Reserve Fund - - 826,613 (826,613) - - -

As at 31 December 2024 8,642,016 3,464,265 3,610,418 53,907,147 6,201,721 1,060,740 76,886,307

8,642,016

3,464,265

3,610,418

53,907,147

6,201,721

1,060,740

76,886,307

As at 01 January 2025

Total Comprehensive Income for the Period

Profit/(loss) for the year (net of tax) - - - 18,879,772 - - 18,879,772

Other Comprehensive Income (net of tax) - - - (43,137) (666,105) 54,181 (655,061)

Total Comprehensive Income for the Period

- - - 18,836,635 (666,105) 54,181 18,224,711

Transactions with Equity Holders, Recognised Directly in Equity

Share issue/increase of assigned capital - - - - - - -

Share options exercised - - - - - - -

Bonus issue - - - - - - -

Rights issue - - - - - - -

Profit transferred to head office - - - - - - -Gain/(loss) on revaluation of Property, Plant and

Equipment (if cost method is adopted) - - - - - - -

Dividend paid for 2024 779,127 122,233 - (2,119,701) - - (1,218,341)

Fractions of shares paid in cash for 2024 - - - (601) - - (601) Conversion of Non-Voting Shares to Voting Shares - - - - - - -Transfers to the Statutory Reserve Fund - - 943,989 (943,989) - - -

GROUP (Audited)

Statutory Reserve Fund

LKR '000

Revaluation Reserve

LKR '000

OCI Reserve

Total

Stated Capital

Retained Earnings

As at 31 December 2025 9,421,143 3,586,498 4,554,407 69,679,491 5,535,616 1,114,921 93,892,076

Voting LKR '000

Non-Voting LKR '000

LKR '000

LKR '000

LKR '000

8,053,767

3,373,124

2,783,805

41,623,427

3,908,263

1,383,751

61,126,137

As at 01 January 2024

Total Comprehensive Income for the Period

Profit/(loss) for the year (net of tax) - - - 16,802,432 - - 16,802,432

Other Comprehensive Income (net of tax) - - - (84,624) 2,293,458 258,382 2,467,216

Total Comprehensive Income for the Period

- - - 16,717,808 2,293,458 258,382 19,269,648

Transactions with Equity Holders, Recognised Directly in Equity

Share issue/increase of assigned capital - - - - - - -

Share options exercised - - - - - - -

Bonus issue - - - - - - -

Rights issue - - - - - - -

Profit transferred to head office - - - - - - -Gain/(loss) on revaluation of Property, Plant and

Equipment (if cost method is adopted) - - - - - - -

Dividend paid for 2023 587,203 92,187 - (1,597,817) - - (918,427)

Fractions of shares paid in cash for 2023 - - - (283) - - (283)

Transfers to the Statutory Reserve Fund - - 826,613 (826,613) - - -Conversion of Non-Voting Shares to Voting Shares 1,046 (1,046) - - - - -

As at 31 December 2024 8,642,016 3,464,265 3,610,418 55,916,522 6,201,721 1,642,133 79,477,075

8,642,016

3,464,265

3,610,418

55,916,522

6,201,721

1,642,133

79,477,075

As at 01 January 2025

Total Comprehensive Income for the Period

Profit/(loss) for the year (net of tax) - - - 19,258,077 - - 19,258,077

Other Comprehensive Income (net of tax) - - - (40,518) (666,105) 106,036 (600,587)

Total Comprehensive Income for the Period

- - - 19,217,559 (666,105) 106,036 18,657,490

Transactions with Equity Holders, Recognised Directly in Equity

Share issue/increase of assigned capital - - - - - - -

Share options exercised - - - - - - -

Bonus issue - - - - - - -

Rights issue - - - - - - -

Profit transferred to head office - - - - - - -Gain/(loss) on revaluation of Property, Plant and

Equipment (if cost method is adopted) - - - - - - -

Dividend paid for 2024 779,127 122,233 - (2,119,701) - - (1,218,341)

Fractions of shares paid in cash for 2024 - - - (601) - - (601)

Conversion of Non-Voting Shares to Voting Shares - - - - - - -Transfers to the Statutory Reserve Fund - - 943,989 (943,989) - - -

# Classification: Internal

As at 31 December 2025 9,421,143 3,586,498 4,554,407 72,069,790 5,535,616 1,748,169 96,915,623

NATIONS TRUST BANK PLC

STATEMENT OF CASH FLOWS

Bank Group

2025

LKR '000

(Audited)

Twelve Months Ended 31 December Twelve Months Ended 31 December

Cash Flows from Operating Activities Interest receipts

Interest payments

Net commission receipts Trading income/(expense) Gratuity Payments

Payments for VAT and SSCL on Financial Services Receipts from/ (payments) on other operating activities

Operating profit before change in operating assets & liabilities

2025

LKR '000

(Audited)

67,314,240

(25,452,045)

8,624,468

3,812,977

(175,929)

(7,181,927)

(15,121,180)

31,820,604

2024

LKR '000

(Audited)

58,825,370

(28,341,184)

6,199,730

(2,218,805)

(166,541)

(6,554,566)

(15,987,177)

11,756,827

2024

LKR '000

(Audited)

67,315,100

(25,205,973)

8,854,516

3,812,977

(175,929)

(7,191,435)

(15,268,942)

32,140,314

58,827,332

(28,108,054)

6,472,542

(2,218,805)

(170,886)

(6,621,307)

(16,049,553)

12,131,269

(Increase)/Decrease in Operating Assets Balances with Central Bank of Sri Lanka Placements with Banks

Reverse Repurchase Agreements

Financial Assets - At Amortised Cost - Debt Instruments Financial Assets - At Amortised Cost - Loans & Advances Other Assets

(Increase)/Decrease in Operating Assets

(862,313)

1,034,968

1,737,147

9,183,090

(140,342,648)

323,241

105,619,003

1,319,846

13,221,480

2,128,597

122,288,926

(128,926,515)

1,500,454

(1,760,147)

(880,557)

3,203,471

(23,484,067)

143,150

(21,277,696)

1,500,454

(1,760,147)

(880,557)

3,203,471

(23,484,067)

143,150

(21,277,696)

(862,313)

1,034,968

1,737,147

9,183,090

(140,342,648)

300,127

(128,949,629)

Increase/(Decrease) in Operating Liabilities

Financial Liabilities - At Amortised Cost - Due to Depositors

Other Liabilities

Increase/(Decrease) in Operating Liabilities

Net Cash Generated from / Used in Operating Activities before Income Tax

Income Tax Paid

Net Cash (Used in)/from Operating Activities

Cash Flows from Investing Activities Purchase of Property, Plant and Equipment

Proceeds from Sale of Property, Plant and Equipment

Net Purchase and proceeds from sale and on maturities of financial investments

Net investment on intangible assets

Net cash flow from acquisition of investment in subsidiaries, joint ventures and associates

Net cash flow from disposal of subsidiaries, associates and joint ventures

Dividends received from investment in subsidiaries and associates Net Cash (Used in)/from Investing Activities

Cash Flows from Financing Activities

Net proceeds from the issue of ordinary share capital Net proceeds from the issue of other equity instruments Net proceeds from the issue of subordinated debt Repayment of Subordinated Debt

Interest Paid on Subordinated Debt Dividend paid to non-controlling interest

Dividend paid to shareholders of the parent company Dividend paid to holders of other equity instruments Net proceeds from the Other debt

Net repayment of Other Debt

Operating Lease Rentals Paid

Net Cash (Used in)/from Financing Activities

105,875,966

1,433,500

13,221,480

2,153,433

122,684,379

25,578,468

(7,728,971)

17,849,497

(1,225,011)

3,869

(16,818,451)

(793,215)

-

-

-(18,832,808)

-

-

-

-(608,672)

-(1,218,942)

-933,065

(770,295)

(830,743)

(2,495,587)

44,532,202

14,850,179

(22,008,439)

(3,322,865)

34,051,077

24,530,208

(8,594,255)

15,935,953

(455,421)

3,141

(20,287,480)

(567,174)

-

-

-(21,306,934)

-

-

-(1,751,041)

(948,959)

-(918,710)

-1,018,598

(8,567,582)

(717,446)

(11,885,140)

46,167,456

12,827,032

(22,008,439)

(3,292,954)

33,693,095

25,479,611

(7,887,348)

17,592,263

24,546,668

(8,738,004)

15,808,664

(1,225,011)

3,869

(16,818,451)

(793,215)

-

-

-(18,832,808)

(455,430)

3,141

(20,287,480)

(567,285)

-

-

-(21,307,054)

-

-

-(1,751,041)

(948,959)

-(918,710)

-1,018,598

(8,567,582)

(590,037)

(11,757,731)

11,536,811

8,329,489

-(2,540,952)

Net Increase/(Decrease) in Cash and Cash Equivalents Cash and Cash Equivalents at the Beginning of the Period Exchange difference in respect of cash & cash equivalents Cash and Cash Equivalents at the End of the Period

(3,478,898)

20,299,441

504,802

17,325,345

(17,256,121)

39,545,578

(1,990,016)

20,299,441

(17,256,121)

39,545,581

(1,990,016)

20,299,444

-

-

-

-(608,672)

-(1,218,942)

-933,065

(770,295)

(573,509)

(2,238,353)

(3,478,898)

20,299,444

504,802

17,325,348

Reconciliation of Cash and Cash Equivalents Cash in Hand

Balances with Banks

17,325,348

Money at Call and Short Notice Deposits from Other Banks

11,536,808

8,329,489

-(2,540,952)

# Classification: Internal

17,325,345

11,563,596

9,253,026

-(517,181)

20,299,441

11,563,599

9,253,026

-(517,181)

20,299,444

NATIONS TRUST BANK PLC

ANALYSIS OF LOANS & ADVANCES, COMMITMENTS, CONTINGENCIES AND IMPAIRMENT

(1)

Product-wise Gross Loans and Advances

(2)

Product-wise Commitments and Contingencies

(3)

Stage-wise Impairment on Loans and Advances, Commitments and

Contingencies

Bank/Group

Bank/Group

Bank/Group

31.12.2025

LKR'000

(Audited)

31.12.2024

LKR '000

(Audited)

938,749,324

715,571,908

(3,275,926)

(5,853,638)

(11,734,352)

917,885,408

(4,237,137)

(5,985,584)

(11,794,752)

693,554,435

Gross Loans and Advances, Commitments and Contingencies (Less): Accumulated impairment under; (Note 3.1)

Stage 1

Stage 2

Stage 3

Net Value of Loans and Advances, Commitments and Contingencies

(3.1)

Movement in impairment during the period

Bank/Group

2025

LKR'000

(Audited)

4,237,137

(973,220)

-12,009

3,275,926

2024

LKR '000

(Audited)

3,806,061

452,612

-(21,536)

4,237,137

5,985,584

(181,866)

-49,920

5,853,638

6,124,932

(80,023)

-(59,325)

5,985,584

11,794,752

1,032,517

(1,114,876)

21,959

11,734,352

12,179,282

1,395,432

(1,779,962)

-11,794,752

Stage 1

Opening balance as at 01 January Charge/(Write back) to income statement Write-off during the period

Effect on Change in Exchange rates

Closing balance

Stage 2

Opening balance as at 01 January Charge/(Write back) to income statement Write-off during the period

Effect on Change in Exchange rates

Closing balance

Stage 3

Opening balance as at 01 January Charge/(Write back) to income statement Write-off during the period

Effect on Change in Exchange rates

Closing balance

Total Impairment

22,017,473

20,863,916

NATIONS

TRUST BANK PLC

ANALYSIS

OF

DEPOSITS

(4)

Due

Depositors

By

Product

to -

Bank

Group

31.12.2025

LKR'000

(Audited)

31.12.2024

LKR '000

(Audited)

36,224,932

89,291,478

208,236,736

6,343

2,170

333,761,659

33,376,584

63,139,792

168,759,465

11,665

2,072

265,289,578

5,358,046

20,421,275

143,064,612

-

-168,843,933

4,848,708

18,170,943

96,475,687

-

-119,495,338

502,605,592

384,784,916

31.12.2025

LKR'000

(Audited)

31.12.2024

LKR '000

(Audited)

36,005,741

89,291,478

208,069,413

6,343

2,170

333,375,145

33,327,684

63,139,792

168,678,814

11,665

2,072

265,160,027

5,358,046

20,421,275

143,064,612

-

-168,843,933

4,848,708

18,170,943

96,475,687

-

-119,495,338

502,219,078

384,655,365

Demand Deposits (current accounts) Savings Deposits

Fixed Deposits Call Deposits

Certificate of Deposits

Foreign Currency

Demand Deposits (current accounts) Savings Deposits

Fixed Deposits Call Deposits

Certificate of Deposits

Total

NATIONS TRUST BANK PLC

FAIR VALUE OF FINANCIAL INSTRUMENTS

Fair Value of Financial Instruments

Fair Values of Financial Instruments are determined according to the following hierarchy as described below:

Level 1 - quoted market price (unadjusted): financial instruments with quoted prices in active markets.

Level 2 - valuation techniques using observable inputs: financial instruments with quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in inactive markets. Financial instruments are valued using models where all significant inputs are observable.

Level 3 - valuation techniques with significant unobservable inputs: This category includes all instruments valued using valuation techniques where one or more significant inputs are unobservable.

There were no material changes in the fair value of financial assets categorised under Level 3 compared to the values reported as at 31 December 2024. The Group has not changed the valuation models and assumptions used to measure the fair values of Level 03 financial instruments during the period ended 31 December 2025.

Financial Instruments Carried at Fair Value

Bank/Group

As at 31.12.2025 (Audited) Level 2 Level 3

LKR '000 LKR '000

Total LKR '000

As at 31.12.2024 (Audited) Level 2 Level 3

LKR '000 LKR '000

Total LKR '000

Level 1 Level 1

LKR '000

LKR '000

Bank

Amortised Cost

As at 31.12.2025 (Audited)

Level 1 Level 2 Level 3

Total Fair Value LKR '000

Amortised Cost

As at 31.12.2024 (Audited)

Level 1 Level 2 Level 3

Total Fair Value LKR '000

LKR '000

LKR '000

LKR '000

LKR '000

LKR '000

LKR '000

LKR '000

LKR '000

Financial Assets

Debt Instruments 88,897,718 32,272,904 69,187,905 - 101,460,809 96,796,064 42,054,869 69,700,367 - 111,755,236

Loans and Advances to Customers- Gross 451,126,151 - 450,314,285 - 450,314,285 308,858,789 - 309,227,141 - 309,227,141

Group

Amortised Cost

As at 31.12.2025 (Audited)

Level 1 Level 2 Level 3

Total Fair Value LKR '000

Amortised Cost

As at 31.12.2024 (Audited)

Level 1 Level 2 Level 3

Total Fair Value LKR '000

LKR '000

LKR '000

LKR '000

LKR '000

LKR '000

LKR '000

LKR '000

LKR '000

Financial Assets

Debt Instruments 88,897,718 32,272,904 69,187,905 - 101,460,809 96,796,064 42,054,869 69,700,367 - 111,755,236

Loans and Advances to Customers- Gross 451,126,151 - 450,314,285 - 450,314,285 308,858,789 - 309,227,141 - 309,227,141

540,023,869 32,272,904 519,502,190 - 551,775,094 405,654,853 42,054,869 378,927,508 - 420,982,377

Financial Liabilities

Due to Customers 502,219,078 - 504,246,382 - 504,246,382 384,655,365 - 386,244,322 - 386,244,322

Due to Other Borrowers 9,552,599 - 9,552,599 - 9,552,599 9,118,377 - 9,111,275 - 9,111,275

Debt Securities Issued 5,973,778 - 6,172,373 - 6,172,373 5,979,693 - 6,080,887 - 6,080,887

517,745,455

-

519,971,354

-

519,971,354

399,753,435

-

401,436,484

-

401,436,484

Assets and Liabilities where fair value approximates carrying value

For below listed financial assets and liabilities with short-term maturities or with short-term re-pricing intervals, it is assumed that the carrying amounts approximate to their fair value.

Financial Assets Financial Liabilities

Cash and Cash equivalents Due to banks

Balances with Central Bank of Sri Lanka Repurchase agreements Placements with Banks

# Classification: Internal

Reverse Repurchase Agreements

NATIONS TRUST BANK PLC

ANALYSIS OF FINANCIAL INSTRUMENTS BY MEASUREMENT BASIS

Bank

As at 31 December 2025 (Audited)

As at 31 December 2024 (Audited)

AC LKR '000

FVPL LKR '000

FVOCI LKR '000

Total LKR '000

AC LKR '000

FVPL LKR '000

FVOCI LKR '000

Total LKR '000

Financial Assets

Cash and Cash Equivalents 19,864,631 - - 19,864,631 20,814,512 - - 20,814,512

Balances with Central Bank of Sri Lanka 2,045,786 - - 2,045,786 1,183,473 - - 1,183,473

Placements with banks 1,437,818 - - 1,437,818 2,472,707 - - 2,472,707

Reverse Repurchase Agreements 645,794 - - 645,794 2,389,147 - - 2,389,147

Derivative Financial Instruments - 613,468 - 613,468 - 224,298 - 224,298 Financial Assets Recognised through Profit or Loss - Measured at Fair Value - 11,589,905 - 11,589,905 - 17,194,759 - 17,194,759 Financial Assets Recognised through Profit or Loss - Designated at fair value - - - - - - - -Financial Assets at Fair Value through Other Comprehensive Income - - 133,112,729 133,112,729 - - 107,014,877 107,014,877 Financial Assets at Amortised Cost - Debt Instruments 88,897,718 - - 88,897,718 96,796,064 - - 96,796,064 Financial Assets at Amortised Cost - Loans and Advances 430,368,007 - - 430,368,007 287,362,553 - - 287,362,553

Total Financial Assets

543,259,754 12,203,373 133,112,729

688,575,856

411,018,456 17,419,057 107,014,877

535,452,390

Financial Liabilities

Due to Banks 42,772,586 - - 42,772,586 27,403,357 - - 27,403,357

Derivative Financial Instruments - 37,822 - 37,822 - 372,084 - 372,084 Financial Liabilities at Amortised Cost

Due to Depositors 502,605,592 - - 502,605,592 384,784,916 - - 384,784,916

Repurchase Agreements 23,479,164 - - 23,479,164 21,985,170 - - 21,985,170

Due to Other Borrowers 10,005,840 - - 10,005,840 9,111,275 - - 9,111,275

Debt Securities Issued 5,973,778 - - 5,973,778 5,979,693 - - 5,979,693

Total Financial Liabilities 584,836,960 37,822 - 584,874,782 449,264,411 372,084 - 449,636,495

Group

As at 31 December 2025 (Audited)

As at 31 December 2024 (Audited)

AC LKR '000

FVPL LKR '000

FVOCI LKR '000

Total LKR '000

AC LKR '000

FVPL LKR '000

FVOCI LKR '000

Total LKR '000

Financial Assets

Cash and Cash Equivalents 19,864,477 - - 19,864,477 20,814,515 - - 20,814,515

Balances with Central Bank of Sri Lanka 2,045,786 - - 2,045,786 1,183,473 - - 1,183,473

Placements with banks 1,437,818 - - 1,437,818 2,472,707 - - 2,472,707

Reverse Repurchase Agreements 645,794 - - 645,794 2,389,147 - - 2,389,147

Total Financial Assets

Derivative Financial Instruments - 613,468 - 613,468 - 224,298 - 224,298 Financial Assets Recognised through Profit or Loss - Measured at Fair Value - 11,589,905 - 11,589,905 - 17,194,759 - 17,194,759 Financial Assets Recognised through Profit or Loss - Designated at fair value - - - - - - - -Financial Assets at Fair Value through Other Comprehensive Income - - 133,112,729 133,112,729 - - 107,014,877 107,014,877 Financial Assets at Amortised Cost - Debt Instruments 88,897,718 - - 88,897,718 96,796,064 - - 96,796,064 Financial Assets at Amortised Cost - Loans and Advances 430,368,007 - - 430,368,007 287,362,553 - - 287,362,553

543,259,600 12,203,373 133,112,729 688,575,702 411,018,459 17,419,057 107,014,877 535,452,393

Financial Liabilities

Due to Banks

Derivative Financial Instruments Financial Liabilities at Amortised Cost

Due to Depositors Repurchase Agreements Due to Other Borrowers

Debt Securities Issued Total Financial Liabilities

Note

# Classification: Internal

AC - Financial Instruments measured at Amortised cost

NATIONS TRUST BANK PLC

SELECTED PERFORMANCE INDICATORS (AS PER REGULATORY REPORTING)

# Classification: Internal

*Including Undrawn Portion of Credit.

NATIONS TRUST BANK PLC SEGMENT INFORMATION

*Consumer & Commercial Banking

*Corporate Banking

Treasury & Investments

Insurance Broking

Property Management

Unallocated/ Eliminations

Total Group

For the twelve months ended 31 December

2024

LKR '000

(Audited)

2025

LKR '000

(Audited)

2024

LKR '000

(Audited)

2025

LKR '000

(Audited)

2024

LKR '000

(Audited)

2025

LKR '000

(Audited)

2024

LKR '000

(Audited)

Net Interest Income Inter Segment

Total revenue from external customers

910,542

11,858,248

12,768,790

11,986,970

(6,238,077)

5,748,893

11,610,287

(6,273,351)

5,336,936

26,619,689

(4,776,056)

21,843,633

23,398,436

(5,584,897)

17,813,539

87,676

-87,676

88,679

-88,679

Net Fee and Commission Income

6,452,843

1,223,984

1,048,682

(74,608)

140,289

176,384

158,630

Net Gain/(Loss) from Trading

844,347

330,108

287,319

3,324,640

(4,472,059)

-

-

Net Fair Value Gain/(Loss) on Financial Assets at Fair Value through Profit or Loss

Net Fair Value Gain/(Loss) on Financial Liabilities at Fair Value through Profit or Loss

Net Gain/(Loss) on Derecognition of Financial Assets at Fair Value through Profit or Loss

Net Gain/(Loss) on Derecognition of Financial Assets at Fair Value through Other Comprehensive Income

Net Gain/(Loss) on Derecognition of Financial Assets at Amortised cost

Net Other Operating Income/(Loss) Operating Income

Impairment Charge/(Reversal) Net Operating Income

-

-

-

(668,816)

425,253

-

-

-

-

-

-

-

-

-

-

-

-

1,602,870

1,589,126

-

-

-

-

-

1,522,909

(142,447)

-

-

-

1,892,020

21,958,000

1,046,637

20,911,363

-

5

7,302,990

415,040

6,887,950

-

-6,672,937

726,887

5,946,050

-

(3,899,020)

23,651,608

1,912

23,649,696

(3,418,674)

3,716,260

15,651,287

(4,969,966)

20,621,253

-

-264,060

-

264,060

-

-247,309

247,309

Depreciation of Property, Plant and Equipment Depreciation of Right of Use Assets

Amortisation of Intangible Assets

163,728

482,510

226,788

35,722

-14,652

25,739

49,186

13,108

-42,594

7,159

-52,999

231

-139

236

5,613

126

Income Tax Expense

-

-

-

-

-

-

-

Capital Expenditures Property and Equipment

Other Intangible Assets

20,044

17,047

8,422

-

14,468

-

4,011

-

1,402

1,678

-

-

-

-

Total Assets (as at)

162,123,817

235,705,262

147,790,619

257,850,815

245,661,028

1,183,959

1,021,725

Total Liabilities (as at)

305,204,087

117,421,858

84,616,577

82,234,116

64,484,075

53,507

45,254

40,818

213,054

221,783,992

391,024,923

-

-

-

-

-1,426,827

21,166,232

(523,254)

21,689,486

236,125

587,722

258,368

-

299,175

11,014,133

11,313,308

7,519,621

906,476

2025

LKR '000

(Audited)

2024

LKR '000

(Audited)

2025

LKR '000

(Audited)

2024

LKR '000

(Audited)

2024

LKR '000

(Audited)

124,049

-124,049

(332,445)

-(332,445)

(216,277)

-(216,277)

35,915,716

-35,915,716

170,095

(255,230)

95,827

8,066,366

-

(24,815)

39,722

(3,300,671)

-

-

-

425,253

-

-

-

-

-

-

-

1,589,126

-

-

-

(142,447)

-

-294,144

294,144

-

37,522

(574,968)

-(574,968)

-

(340,776)

(421,504)

-(421,504)

(3,418,674)

5,267,504

44,402,173

(3,196,442)

47,598,615

18,968

-

-

38,899

(215,130)

1,831

25,900

(96,140)

1,428

241,730

391,983

330,527

-

-

-

(8,934,125)

-

-

1,416,776

403,820

142,591

100,668

178,505

119,393

1,760,300

(18,208,448)

(12,771,694)

545,585,795

57,094

12,595,376

11,701,633

466,108,720

1,470,027

616,874

700,308,883

603,393,260

(668,816)

-1,602,870

1,522,909

-(2,434,666)

52,199,563

(106,302)

52,305,865

343,006

372,592

317,584

(9,145,044)

38,778,100

-38,778,100

8,862,757

4,536,409

2025

LKR '000

(Audited)

-

-1,993,303

63,480

-

-

-

-

-

-389,641

-389,641

18,921

-

-

-

117,035

-117,035

272,606

-

2025

LKR '000

(Audited)

*The segmentation has been revised to classify previously used "Bank" into "Consumer & Commercial Banking" and "Corporate Banking", in alignment with the presentation format of the Annual Financial Statements.

# Classification: Internal

NATIONS TRUST BANK PLC

EXPLANATORY NOTES

1. There are no changes to the accounting policies and methods of computation from those disclosed in the annual report for the year ended 31 December 2025.

2. During the quarter, there were no material changes in the composition of assets, liabilities and/or contingent liabilities. All known expenditure items have been accrued.

3. The Group Financial Statements comprise a consolidation of the Bank and its fully owned subsidiaries; Waldock Mackenzie Limited, Allied Properties Limited and Nations Insurance Brokers Limited.

4. These interim financial statements are presented in accordance with LKAS 34 - Interim Financial Reporting, Circular 05 of 2024 on Publication of Annual and Quarterly Financial Statements issued by Central Bank of Sri Lanka and other Disclosures by Licensed Banks, and provide the information as required in terms of Rule 7.4 of the Colombo Stock Exchange.

   Impairment of Financial Assets

   
   
   

5. A comprehensive ECL assessment was performed, considering delays in cash flows, current macroeconomic conditions, and other externalities. Sufficient provisions were recorded to ensure appropriate coverage for the loan portfolio. Customers with elevated credit risk were classified under Stage 2 or Stage 3. Management overlays for high-risk segments and geographies were reviewed and maintained to ensure adequate buffers against potential adverse impacts.

   (b) Other Financial Assets - Balances with Central Bank

   
   
   
   
   

   and available information, an impairment provision has been recognised against the outstanding balance. related receivable balance, and the impact has been recognized in the financial year 2025.

6. In terms of the Banking Act No.30 of 1988, as amended, John Keells Group and Central Finance Group are to reduce their respective shares carrying voting rights to 15% and the respective shareholders are required to take relevant action to comply with the said direction. Restriction on voting rights at 10% each is applicable to John Keells Group and Central Finance Group until the reduction of their respective holding to the prescribed levels.

7. The funds raised through debentures were fully utilized for the objectives mentioned in the prospectuses.

8. On 24 September 2025, The Bank entered into a binding Sale and Purchase Agreement (SPA) with The Hongkong and Shanghai Banking Corporation Limited acting through Sri Lanka Branch to acquire its retail banking business in Sri Lanka which includes acquisition of all assets and liabilities of the retail business.

   The Bank received formal approval for the acquisition from the Central Bank of Sri Lanka (CBSL) on 1 December 2025, under Section 12(1)(c) of the Banking Act, No. 30 of 1988 as amended.

   As of the date these financial statements were authorized for issue; all significant conditions of precedent set out in the SPA have been satisfied. The transaction is expected to reach legal completion in the first half of 2026, at which point the bank will assume the control of the assets and liabilities and the Bank's balance sheet will reflect the assets and liabilities so acquired and assumed.

   
   
   

9. Events after the Reporting Date

   On 20 February 2026, the Board of Directors of the Bank has approved the payment of a first and final dividend of LKR 7.00 per share to be paid in the form of LKR 3.50 per share in cash and LKR 3.50 per share in scrip. Scrip issue will be made in the proportion of 01 voting share for every 115.3836 voting shares amounting to a total of 2,478,827 new voting shares and 01 convertible non-voting share for every 142.1699 convertible non-voting shares, amounting to a total of 313,861 new convertible non-voting shares. Fractions in shares will be paid in cash.

10. There are no material events that took place after the reporting date which require adjustment to or disclosure in these Financial Statements, other than the items disclosed under note (9) above.

NATIONS TRUST BANK PLC

SHAREHOLDERS' INFORMATION

Twenty Largest Shareholders as at 31 December 2025

Directors' Holding in Shares as at 31 December 2025