Factsheet - PZU Group financial results

PZU Group | Factsheet 2025

‌#1 PLN 535 bn 39 thou. 22 mln 99% STRONG‌

largestinsurance and banking group in CEE

assets employees clients most recognizable brand in Poland

BALANCE SHEET

Solvency II

>200%

PZU Group is the largest financial conglomerate in Poland and in Central and Eastern Europe. The Group is headed by PZU, which has the status of the leading entity in the conglomerate. PZU's traditions date back to 1803. PZU's shares are listed on the Warsaw Stock Exchange (WSE) and are part of the WIG20 index. PZU is one of the most highly valued companies and one of the most heavily traded stocks on the Polish stock exchange. At the end of 2025, PZU's market capitalization amounted to PLN 57.6 bn. The State Treasury, with a 34.19% equity stake, is PZU's main shareholder.

The Group's companies offer not only life, non-life and health insurance but also banking, investment, pension and health care products. They also provide assistance services to retail clients and businesses through strategic partnerships. The Group's operations are founded on clients' trust. The Group places the client at the center of its attention and integrates all areas of activity around the client. This approach enables the Group to offer increasingly personalized, flexible and comprehensive products and services tailored to clients' needs at every stage of their private and professional life, and at the right place and time.

The PZU Group is committed to developing a responsible organization, strongly emphasizing ESG (environmental, social and governance) factors in its strategy. The priority for the PZU Group is to generate benefits for its shareholders and clients in a sustainable and responsible manner. The success of the PZU Group will be built on contemporary business models widely incorporating ESG criteria. The Group supports the development of a low-carbon economy, is committed to a just energy transition, encourages communities to adopt sustainable and safe lifestyles and builds a modern, responsibly managed organization.

‌SIMPLIFIED PRESENTATION OF THE BUSINESS MODEL MARKET POSITION

#3

#1

#1

#6

#11

#4

#1

INSURANCE

main business activity

100% of shares in PZU Życie 100% of shares in TUWPZUW 100% of shares in LINK4

90-100% of shares in foreign companies

HEALTH

100% of shares in PZU Zdrowie (including 20% of shares through PZU Życie)

X

insurance revenue

insurance service expenses net financial revenue

#2

#8

TFI PZU #2

OFE PZU #3

Pekao TFI #4

#3

reinvestment

INVESTMENTS

100% of shares in TFI PZU

X + Y

net result attributable to equity holders of the parent company

capital

non-life insurance life insurance

market position in terms of assets in management

market position in terms of assets

market position in terms of revenue from medical activities

and development

dywidend MARKET SHARE in Poland (Q3 2025)

Non-life insurance

Y

Others 6.2%

4.4%

Allianz4.7%

PZU, TUW PZUW, LINK4

30.1%

QA7.9%

10.5%

Ergo 15.4%

Talanx 20.8%

Generali

Life insurance - periodic premium

Others 12.0%

Generali 4.4%

BANKS

32% of shares in Alior Bank 20% of shares in Bank Pekao

32% of the net result of Alior Bank

20% of the net result of Bank Peako

UNI

VIG

UNIQA4.8%

VIG 5.2%

Talanx 8.3%

Nationale Nederlanden 10.2%

Allianz14.2%

PZU Group 41.0%

B) BANKS: ALIOR BANK AND BANK PEKAO

A) PZU GROUP NET OF ALIOR BANK AND BANK PEKAO

‌PZU GROUP RESULTS ACCORDING TO IFRS 17

Record results with a secure capital position

Percentage share of business segments in the operating result

‌(adjusted for PZU's shares at the end of 2025)

‌Dynamic growth of results in 2025 Dynamic income growth in 2025

Financial strength rating and credit rating awarded to PZU by S&P

62.1%

INSURANCE

5.3%

INSURANCE

Baltic Countries

32.1%

BANKING

0.6%

INSURANCE

Poland

Ukraine

PZU'S STOCK (2025)

10

8

18

Neutral, Hold

Shareholder structure (2025) Recommendations statistics (2025)

International

37.7% +3.5 p.p.

State Treasury

34.2%

0.0 p.p.

Poland

62.3% -3.5 p.p.

Institutional investors

20.0% - 3.5 p.p.

change 2025/2024

Individual investors

8.1%

0.0 p.p.

22

6

15

1

0

‌Total Shareholders Return (TSR) compared to the WIG index

PZU's earnings per share and dividend per share



STRATEGY EXECUTION- FINANCIAL MEASURES





SUSTAINABLE DEVELOPMENT