OTP BANK - 3Q 2005 RESULTS

Transcription

1 UBS 2nd Annual LATAM EMEA Investor Conference OTP BANK - 3Q 25 RESULTS Presented by: Dr. Zoltán Spéder, CFO November, 25

2 Key facts on OTP Bank Macroeconomic environment and financial intermediary Financial performance (consolidated, IFRS) OTP Bank in the Region

3 OTP Bank 21/11/25 is the largest financial services provider in Hungary Its market share* is 24.3% by total banking assets, 26.9% by total deposits and 21.4% by total loans. OTP Group generated 51.8% of total banking profits in Hungary in 2Q 25. has a strong capital base, high profitability and solid investment returns (IFRS consolidated ROA: 3.45%; ROE: 32.7% in 9M 25) acquired subsidiaries in Slovakia, Bulgaria, Romania and Croatia OTP Banka Slovensko (acquired in 22) has ~3% market share; DSK (23) is the largest Bulgarian bank with a market share of 14%; OTP Bank Romania (RoBank) is group member since October 24 and OTP banka Hrvatska (Nova banka) was acquired in March 25. has the highest banking and FS rating amongst all Hungarian banks MOODY S: Long term deposits: A1; Short term deposits: P 1; Financial strength: B-; STANDARD & POOR S: Long term rate: BBBpi is listed on Budapest Stock Exchange since 1995 OTP share price reached ~7 times value since IPO (HUF 8,165 on September 3,25). realized its highest IFRS consolidated profit in 3Q 25 The consolidated after tax profit of the Bank was HUF 41. billion in the quarter and stood at HUF billion in 9M 25. * Market share of OTP Banking Group in Hungary, including OTP Bank, OTP Mortgage Bank, Merkantil Bank and OTP Building Society on Sept 3, 25 3

4 OTP Bank has or started to build the same group-structure in every country 21/11/25 Parent company OTP Bank Ltd. Banks OTP Mortgage Bank Merkantil Bank OTP Building Society DSK Bank (BG) OTP Banka Slovensko (SK) OTP Bank Romania (RO) OTP banka Hrvatska (HR) Other financial services OTP Garancia Insurance Merkantil Car OTP Fund Management OTP Factoring DSK Asset Management (BG) OTP Faktoring Slovensko (SK) Dalbank Invest (HR) HIF Ltd. (GB) Merkantil Real Estate Leasing OTP Real Estate Fund Man. DSK Rodina (BG) OTP Real Slovensko (SK) Merkantil Lease DSK Garancia Insurance (BG) OTP Garancia Poistovna (SK) DSK Garancia Life Insurance (BG) OTP Garancia Zivotná Poistovna (SK) DSK Merkantil Leasing (BG) OTP Leasing a.s. (SK) OTP Asset Management (SK) Non-financial services OTP Real Estate OTP Card Manufacturing OTP Travel Ltd. OTP Fund Services Ltd. DSK Tours (BG) Dalbank Nekretnine (HR) Other subsidiaries 4

5 OTP Bank has outstanding profitability amongst peer banks 21/11/25 6 PROFITABILITY AND VALUATION MARKET CAP (EUR bn) P/BV 5 OTP Cons. (3Q5) Unicredito KBC OTP Bank (3Q5) 4 Commerzbank Raiffeisen Int.* Pekao* Erste Bank* Erste Bank Unicredito* KBC* Komercni Bank* OTP Bank Raiffesen Int Commerzbank* Pekao 7.1 % 5% 1% 15% 2% 25% 3% 35% 4% Return on equity (ROE, %) * Analysts expectation for 25, consensus Komercni Bank 4.4 5

6 The share price growth reflects investors confidence 21/11/25 4% 35% 3% 25% 2% 15% 1% OTP SHARE S PERFORMANCE, in 1-9M, 25 Min. price (closing) HUF 5,59 (6/1/5) Max. price (closing) HUF 8,63 (27/9/5) Market capitalization HUF 2,286 bn (on 3/9/25) EUR 9.2 bn P/E (consolidated, 3Q25) 12.7 P/BV (consolidated, 3Q25) 4.1 Foreign invest ors 82.% OWNERSHIP STRUCTURE on September 3, 25 5% % 24/1/1 24/5/1 24/9/1 25/1/1 25/5/1 25/9/1 OTP Average of CEE banks* Europen Bank Index Average of WE banks** Forrás: Bloomberg * Including PEKAO, BRE Bank, Zagrebacka Banka, Komercni Banka, Millenium Bank ** Average of Erste, Raiffeisen, Unicredito, HVB Domestic invest ors 2.% Gov.held owner.3% Mgmt. and emloyees 2.8% T reasury shares 6% 6

7 Key facts on OTP Bank Macroeconomic environment and financial intermediary Financial performance (consolidated, IFRS) OTP Bank in the Region

8 Main macroeconomic indicators in Hungary 21/11/ H 25 25F* 26F* Real GDP growth 2.9% 4.2% 3.5% 3.9% 4.2% Household consumption 7.2% 2.5% 2.3% 2.9% 3.7% Investment growth 2.5% 7.9% 6.5% 8.% 8.% Budged deficit (cash flow based, ) -1,361-1, ,8-1,784 as a % of GDP -7.4% -6.5% -4.6% -5.% -7.7% Budged deficit (ESA95) -1,195-1,98-1,652-1,87 as a % of GDP -6.5% -5.4% -4.4% -7.6% -7.9% Current Account Balance (EUR bn) as a % of GDP -8.7% -8.9% -7.5% -8.6% -8.7% Nominal wage increase 12.% 6.1% 7.5% 7.5% 6.% Unemployment 6.1% 6.1% 7.1% 7.2% 7.1% Inflation (YoY, end of period) 5.7% 5.5% 3.8% 3.7% 1.7% Inflation (YoY, average) 4.7% 6.8% 3.7% 3.6% 1.8% NBH base rate (end of period) 12.5% 9.5% 7.% 5.75% 5.5% EUR/HUF (average) EUR/HUF (end of period) * OTP Bank s own estimation 8

9 In 3Q 25 NBH cut the base rate by further 1 bps 21/11/25 14% 13% 12% 11% 1% 9% 8% 7% 6% 5% 3-Jan-3, 8.5% 22-Dec-3, 12.5% INTEREST RATES 22-Dec-4, 9.5% 23-Aug-5, 6.25% 4% 2-Jan-3 28-Mar-3 26-Jun-3 19-Sep-3 16-Dec-3 19-Mar-4 15-Jun-4 8-Sep-4 2-Dec-4 25-Feb-5 26-May-5 18-Aug Jan-3, Jan-3, M3 Y1 Y1 Base rate 31-Dec-3, Moving of center of band by 2.26% EXCHNAGE RATES 31-Dec-4, May-5, Aug-5, Sep-5, 6.% 2 31-Dec-3, Dec-4, Sep-5, Jan-3 27-Mar-3 25-Jun-3 18-Sep-3 15-Dec-3 16-Mar-4 1-Jun-4 3-Sep-4 29-Nov-4 22-Feb-5 23-May-5 15-Aug-5 9-Nov-5 HUF/EUR HUF/USD Bottom of band CHANGES OF BASE RATE bp 24-3 bp January 25-5 bp 22 February bp 3 March 25-5 bp 26 April bp 24 May bp 21 June bp 19 July bp 23 August 25-5 bp 2 September bp M - 35 bp BASE RATE IN CEE- COUNTRIES HU 6.% CZ 1.75% SK 3.% PL 4.5% BU 2.4% CR 4.5% RO 8.% 9

10 Slowly changing investment patterns 21/11/25 15, 12, 9, 6, 3, 6, Total PFA CAGR (2-25F) +14.7% 7, ,969 SELECTED COMPONENTS OF PFA 8,521 1,139 3,411 9,638 1,292 4,39 2, , , ,16 11,5 1,287 4, ,32 1,67 1,452 12,6 1,418 4, ,525 1,152 1,247 1,818 14,392 1,586 5, ,876 1,184 1,462 2, F 26F CA GR 2-25F +1.2% +14.% -3.8% +26.9% +6.6% +18.1% +35.5% Cash Retail deposits HUF Retail deposits FX Mutual funds Other securities w/o shares Insurance reserves Pension and Health Care Funds 5, 4, 3, 2, 1, % 872. RETAIL LOANS OUTSTANDING 54812% 1% 1, % 2, % 2, ,87 27% 15% 17% 19% 26/25F +21.5% 3,74.2 1,484 26/25F +27.3% 4, ,89 3% 32% 22% 26/25F +17.7% ,58 1,91 2,256 2, F 26F 25% 9% 8% 7% 6% 5% 4% 3% 2% 1% % CA GR 2-25F +44.4% +29.5% 64.2% Consumer loans Housing loans Loans to disposable income Retail loans to retail savings 1

11 but there is still room for further growth of banking penetration 21/11/25 BY TOTAL ASSETS RETAIL SECTOR 35, 3, 25, 2, 15, 1, 5, 64.% 38.7% 64.% 4.% 3.7% 32.3% 64.7% 4.4% 35.1% 73.% 77.6% 42.5% 4.7% 46.5% 41.5% 81.6% 48.8% 41.4% 88.1% 52.8% 42.% 93.8% 62.6% 4.6% 8,427 9,499 1,825 13,561 15,718 17,833 2,536 27, % 116% 96% F 26F 29F EU 23 GDP Total banking assets Toal assets as % of GDP Deposits/GDP Loan/GDP 1% 9% 8% 7% 6% 5% 4% 3% 2% 1% 8, 7, 6, 5, 4, 3, 2, 1, 7, % 25.2% 6, % 24.9% 25.5% 5, % 5, % 26.% 4, % 18.1% 4,39 3, % 3, % 12.6% 8.7% 4.5% 5.9% ,459 2,347 2,997 3,564 4,219 6, F 26F 29F Retail deposits Retail loans Deposits/GDP Loans/GDP 4% 35% 3% 25% 2% 15% 1% 5% % CORPORATE SECTOR MUNICIPALITY SECTOR 12, 1, 8, 6, 4, 2, 25.7% 26.% 25.7% 29.1% 3.8% 31.5% 33.8% 37.7% 13.% 13.6% 14.9% 14.7% 14.8% 14.6% 14.8% 14.5% 3,857 4,32 3,39 4,245 1,79 2,13 2,51 2,729 2,986 3,183 3,457 5,398 6,239 6,89 7,865 11, F 26F 29F Corporate deposits Corporate loans Deposits/GDP Loans/GDP 6% 5% 4% 3% 2% 1% % % 1.3% % % 1.2% 1.2% 1.2% 1.2% %.9%.9% 1.% 1.1%.7%.4%.5% F 26F 29F Municipality deposits Municipality loans Deposits/GDP Loans/GDP 4.% 3.5% 3.% 2.5% 2.% 1.5% 1.%.5%.% 11

12 Main macroeconomic indicators of countries of foreign subsidiaries 21/11/25 Bulgaria Slovakia Croatia Romania 24 25F 24 25F 24 25F 24 25F Real GDP growth 5.6% 5.4% 5.3% 4.9% 3.8% 3.1% 8.3% 6.% Household consumption 4.8% 6.% 3.5% 5.3% 3.9% 4.5% 1.8% 6.8% Investment growth 12.% 12.% 16.4% 9.1% 4.4% 5.4% 1.1% 9.% Budged balance as a % of GDP (ESA95) 1.7% 1.% -5.3% -4.3% -4.7% -4.5% -1.1% -1.3% Current Account Balance as a % of GDP -7.4% -7.8% -3.5% -6.5% -4.6% -4.3% -6.7% -8.3% Nominal wage increase 6.1% 6.3% 1.% 9.1% 5.9% 6.% 23.3% 17.7% Unemployment 12.% 1.7% 17.7% 17.1% 18.2% 18.5% 6.5% 5.8% Inflation (YoY, average) 6.1% 4.% 7.5% 3.% 2.1% 2.8% 11.9% 9.% Key interest rate (end of period) 4.5% 4.5% 4.% 3.3% 4.5% 4.5% 18.% 7.5% Total banking assets (LOC bn) , , Banking assets to GDP 67.9% 74.7% 89.9% 11.4% 18.9% 116.8% 38.3% 42.1% 12

13 Key facts on OTP Bank Macroeconomic environment and financial intermediary Financial performance (consolidated, IFRS) OTP Bank in the Region

14 OTP Bank realized its largest consolidated IFRS profit in 3Q 25 21/11/25 OTP Group consolidated, based on IFRS 9M 24 9M 25 Y-o-Y 3Q 24 2Q 25 3Q 25 Y-o-Y Q-o-Q Total assets () 3, , % 3, ,693. 4, % 4.6% Total loans and advances () 2, , % 2, , , % 3.5% Total deposits () 2, , % 2, , , % 2.9% Gross loan/deposit ratio 89.8% 95.4% 5.5% 89.8% 94.7% 95.4% 5.5%.6% Shareholders' equity () % % 1.% Net interest income () % % -2.7% Net interest margin before provision 7.8% 6.38% -.7% 7.39% 6.52% 6.23% -1.16% -.29% Pre-tax profits () % % 5.5% After tax profits () % % 7.6% Cost to income ratio % 55.1% 1.2% 52.% 56.8% 56.7% 4.7% -.1% Return on Assets 3.81% 3.45% -.36% 4.18% 3.23% 3.41% -.77%.18% Return on Equity 39.1% 32.7% -6.4% 4.9% 33.6% 32.8% -8.1% -.8% EPS base (HUF) % % 7.5% EPS fully diluted (HUF) % % 7.2% 1 calculation method: (non-interest expenses - fee expenses) / (net interest income before provisions + non-interest income - fee expenses) 14

15 Consolidated total assets grew by 4.6% in 3Q 25 21/11/25 5, 4,5 4, 3,5 3, 2,5 2, 1,5 1, 5 1% 9% 8% 7% 6% 5% 3, , , ,92.6 4, ,693. 4,91.4 3, , , Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep % 7.5% 63.3% 3-Sep % 69.7% 62.1% 31-Dec-4 Gross loans to deposits Deposits to total assets LIABILITIES BALANCE SHEET INDICATORS 86.1% 69.3% 59.7% 31-Mar % 67.% 63.5% 3-Jun-5 Equity Other Issued securities Customer deposits 95.4% 66.% 62.9% Interbank 3-Sep-5 Gross loans to total assets 5, 4,5 4, 3,5 3, 2,5 2, 1,5 1, 5 16% 12% 8% 4% % -4% -8% 3, , , ,56.8 ASSETS 4, ,693. 4,91.4 2, , , Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 QUARTERLY GROWTH OF B/S ITEMS Other Fixed assets Investment securities Loans, net Trading securities Interbank Cash 13.7% 13.1% 9.3% 7.8% 6.5% 7.1% 6.6% 5.3% 5.7% 5.4% 4.6% 3.6% 2.9% -4.1% -.9% 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 Gross loans Deposits Total assets 15

16 NPL ratio was 3.8% while portion of total qualified loans was 13.5% on September 3, 25 21/11/25 QUALIFIED LOANS NPL RATIO % 12% 8% 4% 13.5% 12.1% 12.4% 11.7% 11.6% 3.8% 3.7% 3.3% 3.5% 3.5% 8.4% 8.2% 8.1% 9.1% 9.7% 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 Watch Substandard Doubtful Bad % 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 Watch NPL total PROVISIONING EXPENSES % 8.99% 6.85% 4.73% 2.54% Q 4 4Q 4 1Q 5 2Q 5 3Q 5 Loan loss prov. Loan loss/avg. loans 1.3% 1.1%.9%.7%.5% PROVISIONS, COVERAGE % 26.3% 3% 25.9% 24.7% 23.9% 36 25% 27 2% 18 15% % % 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 Qualified total Provision volume Qualified coverage 16

17 Net interest margin fall by 29 bps in 3Q 25 21/11/25 INTEREST INCOME Q 4 4Q 4 1Q 5 2Q 5 3Q 5 Q-o-Q: -.2% Y-o-Y: +4.8% central bank securities swap interbank loans NET INTEREST INCOME Q 4 4Q 4 1Q 5 2Q 5 3Q 5 NII without swaps net swaps INTEREST EXPENSES NET INTEREST MARGIN Q 4 4Q 4 1Q 5 2Q 5 3Q 5 Q-o-Q: +4.5% Y-o-Y: -1.% subord. loan securities swap interbank deposits 8.% 7.% 6.% 5.% 4.% 7.39% 7.5% 6.61% 6.52% 6.32% 6.74% 6.55% 5.88% 6.23% 6.23% 6.17% 5.83% 6.% 5.28% 5.51% 3Q 4 4Q 4 1Q 5 2Q 5 3Q 5 Total NIM NIM after provisions NIM w/o swap 17

18 Share of non-interest income in total income increased from 38% to 45% 21/11/25 NON INTEREST INCOME Q 4 4Q 4 1Q 5 2Q 5 3Q 5 Q-o-Q: +3.7% Y-o-Y: +67.2% Other Insurance Dividend Real estate trx, net Securities, net Forex, net Fee and comm. 75% 7% 65% 6% 55% 5% 45% 4% 47.1% 51.9% COST/INCOME RATIO 66.2% 62.5% 45.4% 51.3% 56.8% 56.7% 5.2% 49.7% 3Q 4 4Q 4 1Q 5 2Q 5 3Q 5 with insurance without insurance NON INTEREST EXPENSES NON INT. INCOME/TOTAL INCOME Q 4 4Q 4 1Q 5 2Q 5 3Q 5 Q-o-Q: +1.8% Y-o-Y: +39.5% Other expenses Insurance expenses Depreciation and amortization Personnel expenses Fee and comission expenses 5% 45% 4% 35% 3% 25% 2% 15% 1% 45.4% 42.% 45.4% 36.7% 38.8% 33.7% 36.7% 28.4% 25.6% 22.5% 2.6% 23.3% 23.% 22.9% 21.3% 3Q 4 4Q 4 1Q 5 2Q 5 3Q 5 Total Without insurance Fee only 18

19 OTP Bank realized HUF 41 bn net profit in 3Q 25 21/11/25 PROFIT BEFORE AND AFTER TAX Q 4 4Q 4 1Q 5 2Q 5 3Q 5 Profit before tax Profit after tax 45% 4% 35% 3% 25% 2% 15% 1% 5% % ROE 41.% 35.5% 33.6% 32.8% 25.6% 3Q 4 4Q 4 1Q 5 2Q 5 3Q 5 HUF EPS Q 4 4Q 4 1Q 5 2Q 5 3Q 5 4.5% 4.% 3.5% 3.% 2.5% 2.% 1.5% 1.%.5%.% ROA 4.19% 3.45% 3.23% 3.41% 2.67% 3Q 4 4Q 4 1Q 5 2Q 5 3Q 5 EPS, base EPS, diluted 19

20 Key facts on OTP Bank Macroeconomic environment and financial intermediary Financial performance (consolidated, IFRS) OTP Bank in the Region

21 OTP Bank has made significant progress towards establishing a regional financial group 21/11/25 OTP Group Number of branches** Number of clients Total assets Net profit ROAE* Cost/income ratio* 966 ~8 million HUF 4,91.4 bn HUF 117,4 bn 32.7% 55.1% OTP Subsidiaries Target countries Slovakia Ukraine OTP Banka Slovensko Number of branches 72 Number of clients ~.3 million Total assets HUF 24.6 bn Net profit HUF 1. bn ROAE* 8.7% Cost/income ratio* 73.9% Market share in total assets 2.8% OTP Bank Number of branches 437 Number of clients ~3.5 million Total assets HUF 3,379. bn Net profit HUF 14.6 bn ROAE* 32.6% Cost/income ratio* 42.8% Market share in total assets 24.3% Croatia Hungary Serbia& Montenegro Romania Bulgaria OTP banka Hrvatska Number of branches 9 Number of clients ~.5 million Total assets HUF bn Net profit HUF 2.7 bn ROAE* 17.% Cost/income ratio* 65.3% Market share in total assets 3.5% DSK*** (Bulgaria) OTP Bank Romania Number of branches 353 Number of clients ~3.7 million Total assets HUF bn Net profit HUF 12.3 bn ROAE* 27.2% Cost/income ratio* 43.3% Market share in total assets 14.1% 9M 25 data, according to IFRS * Annualized ** Banks only *** DSK Group consolidated Number of branches 14 Number of clients ~.3 million Total assets HUF 56. bn Net profit HUF -1. bn ROAE* - Cost/income ratio* - Market share in total assets ~1% 21

22 Main balance sheet items of OTP Group members 21/11/25 OTP Group OTP Banka OTP Bank DSK Bank OTP banka Hrvatska OTP Bank Romania consolidated Slovensko 3Q 25 Y-o-Y 3Q 25 Y-o-Y 3Q 25 Y-o-Y 3Q 25 Y-o-Y 3Q 25 Q-o-Q* 3Q 25 Y-o-Y Total Assets 4, % 3, % % % % % Loans 3, % 1, % % % % % Retail loans 1, % % % % % % Housing loans 1, % % % % % % Consumer loans % % % % % % Corporate loans 1, % % % % % % Municipal loans % % % %.7 4.5%. - Provisions % % % % -.1.% Net loans 2, % 1, % % % % % Deposits 3, % 2, % % % % % Retail deposits 2, % 1, % % % % % Corporate deposits % % % % % % Municipal deposits % % % % %. - Shareholders equity % % % % % % Loans/deposits ratio 95.4% 5.6% 6.% 4.4% 83.5% 3.7% 121.8% 27.8% 6.2% -1.8% 83.3% 19.8% * Balance sheet items of OTP banka Hrvatska are consolidated since March 25 22

23 The foreign subsidiaries realized the 1.2% of the consolidated net profit 21/11/25 OTP Group OTP Banka OTP Bank DSK Bank OTP banka Hrvatska OTP Bank Romania consolidated Slovensko HUF million 3Q 25 Y-o-Y 3Q 25 Y-o-Y 3Q 25 Y-o-Y 3Q 25 Y-o-Y 3Q 25 Q-o-Q* 3Q 25 Q-o-Q** Interest income 116, % 7, % 11, % 2, % 3, % % Interest expenses 41,593-1.% 27, % 2, % 1,92-7.% 1, % % Net Interest Income 74,83 8.3% 43, % 8, % 1, % 2,419 4.% % Risk cost 8, % 6, % % 1, % % Non-interest income 63, % 45, % 2,966.7% 2, % 1, % % Non-interest expenses 8, % 41, % 6, % 2, % 2, % % Profit before tax 49,68 6.5% 4, % 4, % % 1, % % Profit after tax 4, % 34, % 3, % % % % Net Interest Margin 6.23% -1.16% 5.27% -.52% 6.59% -.58% 2.51%.2% 3.48% -.6% 3.12%.17% Cost/income ratio 56.7% 4.7% 44.7% 8.7% 51.5% -4.5% 6.9% -29.% 62.7% -5.4% - - ROA 3.41% -.77% 4.21% -.41% 2.96% -.2%.76%.8% 1.33%.25% - - ROE 32.8% -1.1% 31.1%.1% 24.% 1.3% 11.6% 3.3% 14.8% 2.9% - - * Results of OTP banka Hrvatska are consolidated since June 25 ** Results of OTP Bank Romania are consolidated since December 24 23

24 OTP Bank and its subsidiaries market position at the end of September 25 21/11/25 OTP Banka OTP Group* OTP Bank DSK Bank OTP banka Hrvatska OTP Bank Romania Slovensko 3Q 25 Q-o-Q 3Q 25 Q-o-Q 3Q 25 Q-o-Q 3Q 25 Q-o-Q 3Q 25 Q-o-Q 2Q 25 Q-o-Q Deposits 26.9% -.3% 25.6% -.4% 15.7%.3% 3.2% - 4.2%.1%.6% -.2% Retail deposits 34.8% -.6% 32.8% -.6% 24.1% -.6% 2.4% -.1% 5.6% -.1%.3% -.1% LOC 34.7% -.6% 32.4% -.7% 4.% -1.4% 2.5% -.1% 4.1% -.7% -.3% FX 35.6% -.4% 35.6% -.4% 11.4% -.1% 2.% - 6.1% -.1%.6%.1% Corporate deposits 1.9% -.6% 1.7% -.6% 8.4% 1.4% 7.8% -.6% 2.%.%.5% -.1% Municipal deposits 71.4% 9.8% 71.4% 9.8% 11.5% -2.% 3.%.1% 4.%.2% - - Loans 21.4% -.5% 12.6% -.5% 16.% -.2% 5.7% - 3.1% -.5% -.1% Retail loans 38.6% -.7% 13.2% -.1% 38.6% -2.9% 3.9%.1% 3.8%.%.1%.1% Housing loans 47.4% -1.% 9.7% - 32.% -3.2% 4.4% -1.1% 4.5% -.2% - - Consumer loans 24.7%.7% 18.7% -.7% 46.1% -2.8% 4.% -.3% 3.4% -.1%.1% Corporate loans 11.4% -.8% 11.% -.8% 5.1%.4% 6.8% -.1% 2.8% -.1%.7% -.1% Municipal loans 51.8% -.7% 51.8% -.7% 5.7%.9% 1.6%.5%.2%.1% - - Total assets 24.3%.5% 18.2%.3% 14.1% -.1% 2.8% - 3.5%.1%.7% - * Aggregated market share of OTP Bank, OTP Mortgage Bank, Merkantil Bank and OTP Building Society in Hungary 24

25 Further information For further information please contact OTP Bank Investor Relations Tel: investor.relations@otpbank.hu otpbank@otpbank.hu Fax: Website: Forward looking statements This presentation contains certain forward-looking statements with respect to the financial condition, results of operations, and businesses of OTP Bank. These statements and forecasts involve risk and uncertainty because they relate to events and depend upon circumstances that will occur in the future. There are a number of factors which could cause actual results or developments to differ materially from those expressed or implied by these forward looking statements and forecasts. The statements have been made with reference to forecast price changes, economic conditions and the current regulatory environment. Nothing in this announcement should be construed as a profit forecast.

26 Appendix 1 The Hungarian financial market and OTP Bank s position (Based on HAR)

27 OTP Group managed to keep its leading position in the Hungarian financial system 21/11/25 5, 4,5 4, 23.7% MARKET SHARE* TOTAL ASSETS 25.1% 24.2% 23.8% 24.3% 3% 27% 24% 3,5 3, 2,5 2, MARKET SHARE* TOTAL LOANS 21.9% 21.9% 21.8% 21.9% 21.4% 35% 3% 25% 2% OTP Bank total loans Group total loans 3,5 3, 2,5 2, 17.9% 18.1% 19.2% 17.9% 18.2% 21% 18% 15% 12% 1,5 1, % 13.1% 13.2% 13.1% 12.6% 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 15% 1% 5% % Market sharetotal loans Group Market share-total loans 1,5 1, 5 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 OTP Bank OTP Group Market share-total assets Group market share-total assets 9% 6% 3% % 3,5 3, 2,5 2, 1,5 1, 5 MARKET SHARE* TOTAL DEPOSITS 35% 28.5% 28.5% 29.7% 27.2% 26.9% 3% 27.3% 27.3% 28.5% 25% 26.% 25.6% 2% 15% 1% 5% % 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 OTP Bank total deposits Group total deposits OTP Bank market sharetotal deposits Group market share-total deposits * OTP Banking Group in Hungarian credit institutions system, including OTP Bank, OTP Mortgage Bank, Merkantil Bank and OTP Building Society 27

28 OTP Group maintained its ~35% market share in retail deposits in Hungary 21/11/25 RETAIL DEPOSITS OF CREDIT INSTITUTIONS 6 4,874 5,122 5,184 5,268 5, % % 21.5% 19.7% 19.8% 3 3,459 3,654 3,622 3,59 3, ,93 1,169 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 Sight Other HUF FX Share of sight 3% 25% 2% 15% 1% 5% % MARKET SHARE OTP GROUP 38% 38% 37% 36.5% 37% 35.9% 36.% 36.% 36% 35.6% 35.4% 35.4% 35.4% 36% 35.9% 34.8% 35% 35.4% 35.3% 35.3% 35% 34.7% 34% Sep-4 Dec-4 Mar-5 Jun-5 Sep-5 Retail deposits Retail HUF deposits Retail FX deposits 2 RETAIL DEPOSITS OF OTP GROUP QUARTERLY CHANGES IN VOLUMES 1,816 1,836 1,863 1,833 1,748 34% % % 31.4% 3% % 29.1% 28% 28.3% 1,133 1,175 1,182 1,176 1, % % 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 C/A Other HUF w/o maturity Other HUF FX Share of sight 6% 5.1% 5% 4% 3.9% 3% 2.% 2% 1.3% 1.2% 1.1% 1.6% 1.5% 1%.% % -1% -2% -1.6% 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 Market OTP Group In this section OTP Group contains only the Hungarian financial institutions such as OTP Bank, OTP Mortgage Bank, Merkantil Bank, OTP Building Society 28

29 21/11/25 OTP Group kept its 53% market share in HUF housing loans, while share in FX housing loans increased to 21% HOUSING LOANS OF CREDIT INSTITUTIONS 2,175 2,55 1,911 1,956 1, % 13.2% 5.1% 9.6% 7.6% 1,728 1,766 1,769 1,784 1,82 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 HUF FX Share of FX loans 25% 2% 15% 1% 5% % MARKET SHARE OTP GROUP 6% 53.3% 53.3% 53.2% 53.1% 52.9% 5% 5.8% 4% 49.7% 49.2% 48.4% 47.4% 3% 21.1% 17.9% 2% 11.% 1% 2.7% 6.9% % Sep-4 Dec-4 Mar-5 Jun-5 Sep-5 Housing loans total HUF FX HOUSING LOANS OF OTP GROUP ,31 7.6% 4.9% % 1.%.3% Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 12% 1% 8% 6% 4% 2% % 7% 6% 5% 4% 3% 2% 1% % QUARTERLY CHANGES IN VOLUMES 5.9% 5.8% 5.% 5.1% 3.3% 3.4% 3.6% 2.8% 2.4% 1.3% 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 HUF FX Share of FX loans Market OTP Group In this section OTP Group contains only the Hungarian financial institutions such as OTP Bank, OTP Mortgage Bank, Merkantil Bank, OTP Building Society 29

30 OTP Group increased market share in household s consumer loans to 24.7% 21/11/ CONSUMER LOANS OF CREDIT INSTITUTIONS 1,38 1, % 1,93 1,123 1,18 31.% % 16.6% 21.3% Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 4% 35% 3% 25% 2% 15% 1% 5% % 35% 3% 25% 2% 15% 1% 5% % MARKET SHARE OTP GROUP 28.7% 28.9% 29.7% 29.7% 29.5% 24.1% 23.2% 23.1% 24.% 24.7% 11.2% 16.6% 1.1% 1.9% 2.8% Sep-4 Dec-4 Mar-5 Jun-5 Sep-5 HUF FX Share of FX loans Household's consumer loans HUF FX CONSUMER LOANS OF OTP GROUP % 14.4% %.7% 1.7% Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 35% 3% 25% 2% 15% 1% 5% % 18% 16% 14% 12% 1% 8% 6% 4% 2% % QUARTERLY CHANGES IN VOLUMES 15.3% 13.3% 14.2% 11.8% 9.8% 7.6% 7.4% 3.2% 2.8% 2.2% 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 HUF FX Share of FX loans Market OTP Group In this section OTP Group contains only the Hungarian financial institutions such as OTP Bank, OTP Mortgage Bank, Merkantil Bank, OTP Building Society 3

31 OTP Group is amongst the top players also in the corporate banking sector 21/11/25 CORPORATE LOANS 8, (Volume of credit institutions and OTP Group) 6,735 7, 6,237 6,447 6,469 5,957 6, 5, 4, 3, 2, 1, Sep-5 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 CORPORATE DEPOSITS 4, (Volume of credit institutions and OTP Group) 3,5 3,336 2,966 3,89 2,934 3, 2,741 2,5 2, 1,5 1, Sep-5 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 Credit institutions OTP Group Credit institutions OTP Group 15% OTP GROUP MARKET SHARE CORPORATE LOANS 17% OTP GROUP MARKET SHARE CORPORATE DEPOSITS 16.4% 14% 13% 12.4% 12.6% 12.4% 16% 15% 14% 13.3% 12% 11% 11.8% 11.8% 12.3% 12.5% 12.2% 11.8% 11.4% 13% 12% 11% 12.1% 1.6% 11.6% 1.7% 11.5% 1.6% 1.9% 1.7% 1% 3-Sep-5 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 1% 3-Sep-5 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 Corporate loans MS Non-fin. corp. loans MS Corporate deposits MS Non-fin. corp. deposits MS In this section OTP Group contains only the Hungarian financial institutions such as OTP Bank, OTP Mortgage Bank, Merkantil Bank, OTP Building Society 31

32 OTP Group managed 4% of mutual funds in Hungary 21/11/25 2, 1,8 1,6 1,4 1,2 1, MARKET VOLUME OF MUTUAL FUNDS 1,876 1,553 1,362 1, ,226 1,336 1,68 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 45% 43% 41% 39% 37% 35% MARKET SHARE OF OTP FUNDS 4.8% 39.7% 39.% 4.3% 38.1% 37.8% 38.5% 37.1% 3-Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 w/o Real Est.Funds Real Estate Funds OTP market share - w/o Real Est.Fund NET ASSET VALUE OF OTP FUNDS Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 Money Market OPTIMA PALETTA QUALITY OTP-UBS Fund of Funds MAXIMA EURO DOLLAR FANTAZIA (closed end) ALFA (closed end) PRIZMA (closed end) Real Estate Fund 1,2 1, ASSETS UNDER MANAGEMENT 1, Sep-4 31-Dec-4 31-Mar-5 3-Jun-5 3-Sep-5 OTP Investment Funds OTP Private Pension Fund OTP Voluntary Pension Fund OTP Health Care Fund Other pension funds Other Institutional Investors 32

33 21/11/25 OTP Garancia is the 2th largest life insurance company in Hungary with 15.2% share of premium income LIFE AND NON-LIFE PREMIUM INCOME (MARKET) Q 24 4Q 24 1Q 25 2Q 25 3Q 25 LIFE AND NON-LIFE PREMIUM INCOME (OTP GARANCIA) Q 24 4Q 24 1Q 25 2Q 25 3Q 25 Life Non-life Life Non-life OTP GARANCIA MARKET SHARE QUARTERLY CHANGES OF TOTAL PREMIUM INCOME 16% 14.4% 15.2% 15% 125% 14% 12% 1% 11.8% 11.% 9.5% 9.3% 11.8% 8.9% 1.4% 11.% 1% 5% % 48% 48% 34% 31% 92% 5% 6% 8% 6% 8.% 8.1% 8.% 7.5% 7.% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25-5% -1% -7% -72% 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 Total premium income Life Non-life Market OTP Garancia 33

34 Appendix 2 Additional Financial Data

35 Pro-forma segment reporting 21/11/25 GEOGRAPHICAL September 3, 25 / 9M 5 HU SK BG RO CR UK Aggregated Consolidation Foreign Consolidated effect ratio Assets 4,844, , ,37 55, ,513 12,627 5,994,74-1,83,63 4,91, % Loans 2,469,428 2, ,24 19, ,746 12,183 3,182,334-93,36 3,88, % Retail loans 1,461,97 46,5 269, ,491 1,861,814 22,658 1,884, % Housing loans 1,37,525 31,64 67, ,818 1,174,228-1,984 1,163, % Consumer loans 424,445 14,86 22, , ,586 33, , % corporate loans 873,843 15,994 72,579 19,5 54,526 12,183 1,183, ,17 1,67, % Municipal loans 133,615 2, , , % Deposits 2,429,3 149,327 49,84 22, ,67 3,24,835-3,123 3,237, % Retail deposits 1,818,174 57, ,627 11,976 19,855 2,42,526 2,42, % Corporate deposits 421,338 61,88 72,57 1,723 32, ,788-3, , % Municipal deposits 189,789 29,624 13,643 6, ,52 239,52 2.8% Equity 592,296 16,313 65,683 15,123 25,484 2, ,32-193, , % Distribution of total assets 8.8% 4.4% 8.8%.9% 4.8%.2% 1.% 81.9% 19.2% Interest income 331,978 8,49 31,964 3,19 7, ,456-38,94 344, % Interest expenses 151,35 3,6 6,819 1,783 2, ,17-38, , % Net Interest Income 18,943 4,89 25,145 1,325 4, , , % Provisions 16,625 1,962 3, ,92-1,481 21, % Other incomes 214,757 6,523 7,57 1,142 2, ,678-72,58 16,17 7.7% Other expenses 234,67 8,313 14,44 3,79 5, ,751-51, , % Pre-tax profit 144,468 1,56 14, , ,184-19, , % Aftere tax profit 122, ,27-1,5 1, ,572-19, , % Distribution of PAT 89.8%.7% 9.% -.7% 1.2%.1% 1.% 86.% 1.2% 35

36 Pro-forma segment reporting 21/11/25 BUSINESS LINES September 3, 25 / 9M 5 Banks Other fin. Non-fin. Aggregated Consolidation Share of Consolidated Service Service effect banks Assets 5,614,3 336,226 43,818 5,994,74-1,83,63 4,91, % Loans 3,24, ,119 3,182,334-93,36 3,88, % Retail loans 1,748, ,945 1,861,814 22,658 1,884, % Housing loans 1,166,383 7,846 1,174,228-1,984 1,163, % Consumer loans 582,487 15,99 687,586 33, , % corporate loans 1,138,717 44,458 1,183, ,17 1,67, % Municipal loans 136, , , % Deposits 3,24, 835 3,24,835-3,123 3,237,712 1.% Retail deposits 2,42, ,42,526 2,42,526 1.% Corporate deposits 598, ,788-3, , % Municipal deposits 239,52 239,52 239,52 1.% Equity 641,96 45,774 29, ,32-193, , % Distribution of total assets 93.7% 5.6%.7% 1.% 81.9% 93.7% Interest income 364,836 18, ,456-38,94 344, % Interest expenses 163,136 2, ,17-38, , % Net Interest Income 21,699 15, , , % Provisions 19,828 3,264 23,92-1,481 21, % Other incomes 153,411 74,31 4, ,678-72,58 16, % Other expenses 188,222 73,455 4,74 265,751-51, ,28 7.8% Pre-tax profit 147,6 13, ,184-19, , % Aftere tax profit 125,572 1, ,572-19, , % Distribution of PAT 91.9% 7.5%.5% 1.% 86.% 91.9% 36

37 21/11/25 Main balance sheet data of OTP Group members (Based on IFRS) in HUF billion September 3, 24 September 3, 25 Y-o-Y % Gross loans Assets Deposits Equity Gross loans Assets Deposits Equity Gross loans Assets Deposits Equity OTP Bank Ltd. 1, ,879. 2, ,49.8 3,379. 2, % 17.4% 6.3% 29.4% Merkantil Bank % 9.2% 54.2% 6.2% OTP Mortgage Bank Ltd % 13.7% - 1.6% OTP Building Society Ltd % 38.7% 35.7% 67.2% OTP Banka Slovensko, a. s % 28.2% 15.7% 8.7% DSK Group % 43.2% 35.% 29.1% OTP banka Hrvatska d.d OTP Bank Romania % 35.2% -12.3% 12.8% OTP Garancia Insurance Ltd % % Merkantil Car % -1.% % OTP Fund Management Ltd % % HIF Ltd % -6.6% - 3.7% OTP Leasing a.s OTP Real Estate Ltd % 7.% -.7% OTP Factoring Ltd % 58.6% - 8.1% OTP Faktoring Slovensko, a.s Other subsidiaries % % Subsidiaries total 1, , , , % 41.6% 72.6% 36.6% Total 2,544. 4, , , , , % 26.8% 18.9% 31.9% Consolidated 2, , , ,89. 4,91.4 3, % 27.1% 18.9% 3.4% Foreign subsidiaries , % 86.9% 77.2% 65.7% Share of foreign subsidiaries 15.4% 13.% 16.8% 13.8% 22.4% 19.2% 25.1% 17.4% 7.% 6.2% 8.3% 3.6% 37

38 21/11/25 Main P&L data of OTP Group members (Based on IFRS) in HUF million 24 9M 25 9M Y-o-Y Net Interest Income Provisions Other incomes Other expenses Pre-tax profit After tax profit Net Interest Income Provisions Other incomes Other expenses Pre-tax profit After tax profit Net Interest Income Other incomes Other expenses After tax profit OTP Bank Ltd. 114,557 7,11 93,19 9,457 11,17 95,64 122,239 12, ,898 19, ,571 14, % 31.% 21.5% 1.% Merkantil Bank 4, ,13 3,342 2,39 2,135 4,977 1,86 2,234 4,251 1,874 1,771.% 12.5% 27.2% -17.1% OTP Mortgage Bank Ltd. 27,32 1,421 19,718 9,23 7,579 36, ,2 41,584 5,757 4, % 675.5% 11.9% -42.9% OTP Building Society Ltd. 2, , ,66 5 1,388 2,717 1,326 1,8-2.% 45.9% -1.2% 9.4% OTP Banka Slovensko, a. s. 3, ,872 5, ,137 1,45 5,515 7,23 1,17 1,17 1.2% 194.6% 38.2% 3.4% DSK Group 17,636 4,37 9,572 13,594 9,245 8,1 25,145 3,852 7,57 14,44 14,458 12, % -2.9% 6.% 53.2% OTP banka Hrvatska d.d. 4, ,645 5,66 2,4 1,629.%.%.%.% OTP Bank Romania 1, ,142 3, ,5.%.%.%.% OTP Garancia Insurance Ltd. 5,138 4,789 43,194 2,734 2,296 5,79 59,971 61,258 4,53 3, % 47.% 41.8% 64.7% Merkantil Car 7, ,262 1, ,93 2, ,42 4,411 2, % 45.6% -51.4% 264.4% OTP Fund Management Ltd. 39 5,122 2,853 2,38 1,941 7,656 4,445 3,211 2, % 49.5% 55.8% 39.3% HIF Ltd % -37.8% -17.5% 14.6% OTP Leasing a.s %.%.%.% OTP Real Estate Ltd. 11 2,917 2, ,861 2, % -1.9% -9.9% 6.3% OTP Factoring Ltd ,196 1, ,979 1, % 35.6% 24.% 2.9% OTP Faktoring Slovensko, a.s %.%.%.% Other subsidiaries 113 4,92 4, ,216 3, % -14.3% -6.9% -42.5% Subsidiaries total 69,834 5,44 71,299 15,264 3,465 25,817 95,11 1,417 11,78 155,86 39,613 32, % 55.4% 48.1% 24.% Total (aggregated) 184,391 12, , ,721 14,572 12, ,349 23,92 232, , , , % 41.6% 35.8% 13.% Consolidated 194,536 11, , , ,935 14, ,19 21,611 16,17 214,28 141, , % 39.9% 23.5% 12.2% Foreign subsidiaries 21,761 3,949 11,51 19,168 1,155 8,878 36,46 6,467 17,921 31,144 16,716 13, % 55.7% 62.5% 57.6% Share of foreign subsidiaries 11.8% 31.8% 7.% 9.8% 7.2% 7.3% 16.8% 28.% 7.7% 11.7% 1.4% 1.2% 4.9%.7% 1.9% 2.9% 38

39 21/11/25 OTP share s performance on the Budapest Stock Exchange (From August 1, 1995 to September 3, 25) 1, 9, 3/9/25, HUF 8,165 27/9/25, HUF 8,63 8, 3/8/25, HUF 7,97 1/3/25, HUF 7,55 7, 6, 13/5/25, HUF 5,82 5, 15/4/24, HUF 4,33 4, 3, 6/5/22, HUF 2,57 1/5/24, HUF 3,639 2, 1, 8/8/1997, HUF 71 31/7/1998, HUF 1,171 2/1/2, HUF 1,755 1/8/1995, HUF /1/1998, HUF 555 1/8/1995 3/4/ /1/1997 9/1/1997 9/7/1998 2/4/ /12/1999 4/9/2 28/5/21 19/2/22 8/11/22 3/7/23 21/4/24 4/1/25 19/9/25 BUX (relative to OTP) OTP closing price 39