Erste Bank Polska Sa

Hi ladies and gentlemen, my name is Agnieszka Dowzycka and I'm in charge of investor relations at Aska Bank Polska. Welcome to the earnings call of Aska Bank Polska for the first three quarters of 2026. This presentation will be led by the CEO, Michal Gajewski, Maciej Reluga, Vice President of the Board, and Bernhard Leder, CFO and board member. Before we start let me remind you that throughout the presentation you can ask your questions through the link available online. You can also send your questions directly to my email address. The presentation is available on the bank's website. We're opening the call, we're opening the conference now over to the CEO. Good morning ladies and gentlemen and welcome to the Elsta Bank Polska press conference. This is an exceptional year for us. In April we went through a rebrand. So before we move on to the third quarter results, I'd like to say a few words about how we're building the Elsta brand in Poland. Just before the rebrand, spontaneous awareness of the Elsta brand switched up around 3%. By September it reached already 35% and this shows that in a very short time we have managed to make a solid foundation. Elsta is now far more visible in the media and public space and brand awareness is growing steadily. For us this is only the first step. We want to build a brand that our customers genuinely like and choose. Our ambition is to build the first banking law grant in Poland. And this ambition rests on solid foundations. We have a reputation. as a stable and responsible bank which we have spent years earning. We have a new interesting brand on the Polish market and we have more than 200 years of experience with Erso Group. We have our own methodology based on consumer science which we're further strengthening with technology. And all of this to even better understand our customers and create exceptional experiences for them. We are currently working on a new strategy. I don't want to give too much away just yet. But I can say that casting experience and the ambition to build a loved one will play an important role in it. Like other groups, we want to become more involved in financial education and embedding good financial habits. We believe that Banks Row is not only about providing financial products, we want to help people make better decisions about their money and build their financial confidence. All of this has a very specific business dimension. We believe that a stronger brand, a better customer experience and greater trust will boost our acquisition potential and the bank's further growth. And we see that already in the results of the first quarter. Our ambition is not only about customers. We want to be the best bank also for our shareholders. At the end of the third quarter, in terms of market caps, we ranked first among private banks, second among all banks listed on the stock exchange, and third among all companies in the week 20 index. This valuation reflects the recognition of our business model. We're building our position, like I said, on a solid foundation.

which have been recently noticed by our audience. Our best profit is $6,306,000,000 and that was of course burdened by the tax that grew by 51% and Q3 alone that was 1 billion 490 million. Let's move to slide number four. There are a few pieces of information. We've been actually servicing 6.2 million clients. Now we have 4.2 million digital clients. The majority of them use the mobile application and we have here a growth by 10% year on year. After three quarters we won 481,000 customers, new customers. At the end of September, the deposits of customers totaled $252 billion and that grew by 14% year-on-year. Customer funds totaled $287 billion and grew by 15%. while the loan portfolio in Western for $383 billion and grew by 11%. Total assets grew by 4% year-on-year and reached $340 billion drop. Sign number five, key financial results. As I've mentioned, after nine months, the net profit was $3,691,000 while in quarter three it was $1,490,000. The net interest income was a total of $9,468,000,000 while in Q3 alone it was $3.3 billion. While in Q3 it grew by 6.5% quarter on quarter. The net fee income after nine months was $2,182,000,000 while in Q3 alone it was $643,000,000. And that was driven primarily by Our intensive efforts into acquisition. I will tell you more about it when we will be discussing the net fee income. Total income for three quarters were $12,113,000,000 and grew slightly. In quarter three alone, it was $3,061,000,000 and remained stable and comparable to what we saw in the previous quarter. and our capital position remains strong. Our tier one was 18.53 while the total capital ratio stood at 18.75 and these ratios reduced by 64 and 68 bucks respectively compared to the previous quarter. This was driven by the quick growth in business and the growth in liquidated assets. And let me highlight that the KNF agreed to exclude from the ratio of the operational risk related to Thunder Consumer Bank which impacted our risk-weighted assets about 1.6 billion. This gives an attractive return to our customers.

We remain among the most efficient banks in the entire sector. We have excellent liquidity. RCR at 187.3% at the end of September. Slide 6 and 7, this is selected business data. After the first three quarters in the retail segment, the number of digital payments rose by 17% year-on-year. Very important information about acquisition. The number of customers acquired increased by 13% year-on-year. 15% year-on-year, that's the growth of our Platinum customer portfolio and also to the same extent our Affluent customer portfolio, so two most active and most profitable groups in the retail segment.