Alior Bank S.A.

Ladies and gentlemen, may I welcome everyone cordially. My name is Dominik Prokop. I represent the Investment Relations Department. This is a conference devoted to results of the fourth quarter as well as the whole of 2025. The first part of the meeting will be devoted to the results of the bank as well as the trends. And this will be headed by the president, Piotr Żabski, who will sum up the most important trends and will tell us about the results in the business area.

We will have also Marcin Ciszewski, who will present the risk, and Zdzisław Wojtara, deputy president, who will tell us about finance.

After the presentations, we will then have a Q&A Before I hand over to President Żabski, let me encourage all of you who are listening to us to ask questions already in the first part of the presentation, which will enable us to smoothly continue with the Q&A. that is all from me i hand over to president ladies and gentlemen good morning may i welcome everyone cordially at the results publication the supervisor board approved our financial statement yesterday so we can tell you about what has happened in the fourth quarter of 2025 but also in the whole of 2025. So there will be a lot of figures devoted both to the fourth quarter and the whole of the year. It is a special moment for us because this is the first full year when we can present the results which we had forecast and delivered, which you will see in a moment. But it's also a very good stage for our development. We are in the new headquarters of our bank. There was a move to the new headquarters in September, and this is the first conference in this new beautiful headquarters, Varso Tower. Moving on. to the bank results, let me point to some important aspects. In the fourth quarter, as far as revenues are concerned, we had a very good result, almost 1.5 billion zlotys revenues. 1.26 is the interest income, which is by 4% less year on year. But if you compare the quarters, but the commission income is very good, 240 million, which is by 9% higher than the fourth quarter of the previous year. And so the revenues of the whole year reached 6 billion for 2025, which was focused in our strategy. There was a great contribution in the new sales. The interest income is 5.13 billion, 1% drop year on year. Obviously, there was a drop in interest rates and that translates into this decreased results. But the commission income for 2025 is by 4% higher and translates into 900 million zlotys. Net profit in the fourth quarter is 688 million, by 12% higher than the previous quarter, the previous year's quarter, and 2.35 billion net profit for 2025, which is a decrease by 3%, which we consider a good result considering the interest rate drops. This was delivered in very high ROE ratios, 21.7% in the fourth quarter and 19.6% for the whole of 2025. We forecast 18%, if you may remember. In the lower left-hand corner, a number of good details. We continue the drop. trajectory in our cost of risk ratios and the drop in our NPL ratio.