Hrvatska Poštanska Banka d.d.

Investor Presentation • Oct 29, 2024

HPB p.l.c. 9M 2024

Investor information and unaudited financial statements

October 2024

Limitation of liability

• The information and data contained in this presentation are intended as general background information on Hrvatska poštanska banka p.l.c. (hereinafter referred to as the Bank or HPB) and its activities. They are provided in summary form and therefore do not necessarily represent complete information. Certain statements contained herein may be statements of future expectations and other forward-looking statements about HPB, which are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, words such as "may," "will," "should," "expects," "plans," " contemplates," "intends," "anticipates," "estimates," "potential" or "continues" and similar expressions typically identify forward-looking statements. By their nature, forward-looking statements involve known and unknown risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. As such, forward-looking statements cannot be guaranteed. Accordingly, we cannot guarantee the realization of such forward-looking statements, nor should full reliance be placed on such forward-looking statements. Many factors may affect our results of operations, financial conditions, liquidity, and developments in the industry in which we operate, and these may differ materially from those expressed or implied by the forward-looking statements contained herein.
• This presentation contains financial and non-financial information and statistical data related to HPB. Such information and data are presented for illustrative purposes only. This presentation may include information and data derived from publicly available sources that have not been independently verified, and therefore HPB hereby expressly makes no representation of warranty of any kind including, but not limited to the accuracy, completeness or reliability of the information and data provided. This presentation is for information purposes only and does not contain a recommendation to buy or sell or an offer to sell or subscribe for shares, nor does it constitute an invitation to make an offer to sell shares.
• This presentation has been prepared and the information in it has been checked with the greatest possible care. Nevertheless, rounding and transmission cannot be excluded. When adding up rounded amounts and percentages, differences may appear.

Type and name of prescribed information: Financial statements for the period 1.1.2024 - 30.9.2024, HPB p.l.c. 9M 2024 Investor information and unaudited Financial statements for the period 1.1.2024 - 30.9.2024 Issuer name, headquarter and address: Hrvatska poštanska banka p.l.c., Jurišićeva ulica 4, HR-10000 Zagreb Issuer's Legal Entity Identifier (LEI) 529900D5G4V6THXC5P79 Home Member State: Republic of Croatia International Securities Identification Number (ISIN) HRHPB0RA0002 Stock code (ticker): HPB-R-A Regulated market and segment: Zagreb Stock Exchange, Official market

In accordance with the Capital Markets Act, Hrvatska poštanska Banka p.l.c. (hereinafter referred to as the Bank or HPB), publishes unaudited unconsolidated financial statements for the period from January 1 to September 30, 2024.

Original and official report is published in Croatian.

The report includes:

• Management report of HPB p.l.c.,
• Statement by persons responsible for compiling the report of HPB p.l.c.,
• Unaudited set of unconsolidated financial statements (balance sheet, profit or loss statement, statement of changes in equity, cash flow statement), and
• Notes to the financial statements.

Financial statements and notes have been compiled in accordance with instructions defined in Rulebook on the content and structure of the issuer's reports for periods during the year (OG 114/2018, 27/2021, 26/2022 and 32/2023).

Statement of the President of the Management Board

On the occasion of releasing the nine-month financial results for 2024, Marko Badurina, President of the Management Board of Hrvatska poštanska banka, stated:

"It is HPB's vision to have a relevant market impact, and our results prove that in the past years we are continuously on the right track and that we are achieving this goal. In the third quarter of 2024, asset growth of almost half a billion euros was achieved, resulting in its highest level since the Bank's foundation. HPB's profitability remains very strong, with record revenues and operating profit, thus strengthening our capital structure, and ensuring the potential for the planned further growth.

The Bank's successes have been continuously recognized by the expert community: HPB recently received the "Golden Kuna" Award for the most successful bank in Croatia in 2023, which places an additional responsibility on us to continue investing in client relations, employee expertise and system agility, the most important factors of our successes."

Executive Summary

Macroeconomic Environment

Financials

Risk Management

Additional information

We continue trajectory growth confirming our vision and mission

* Profit and loss account positions in this presentation for the nine-month (9M) of 2021-2022 are presented on stand alone basis, while 9M of 2023 include the result of HPB on a stand-alone basis including the result of Nova hrvatska banka for the period from integration till reporting date (3.7.2023 – 30.9.2023) and 9M of 2024 includes the result of integrated Bank (HPB + Nova hrvatska banka) in accordance with the integration of Nova hrvatska banka in July 2023

** The balance sheet positions in this presentation on the reporting dates 31.12.2021 and 31.12.2022 show the result of HPB on a stand-alone basis, while the reporting dates 31.12.2023 and 30.9.2024 include results of an integrated Bank (HPB + Nova hrvatska banka) in accordance with the integration of Nova hrvatska banka in July 2023

We are creating conditions for a better life in Croatia.

6

Continuous strengthening of the market position

HPB in the TOP 5 banks by total assets.

Executive Summary

Macroeconomic Environment

Financials

Risk Management Additional information

Macroeconomic indicators

	Croatia	Euro area €		Croatia	Euro area €
Overall inflation (HICP)	3.0% Sep 24: Sep 23: 7.4%	Sep 24: 1.8% Sep 23: 4.3%	Interest rate on deposits with agreed maturity	24: 1.8% Aug 23: 1.4% Aug 24: 3.3% Aug 23: 3.0% Aug	24: 3.0% Aug 23: 3.1% Aug 24: 3.4% Aug 23: 3.4% Aug	Households Corporations
Unemployment rate	24: 4.9% Aug 23: 6.1% Aug	24: 6.4% Aug 23: 6.6% Aug	Financial investment growth* quarterly	24: 7.2% Q2 23: 4.3% Q2 24: -1.1% Q2 23: 7.3% Q2	24: 2.1% Q2 23: 2.0% Q2 24: 2.2% Q2 23: 2.5% Q2	Households Corporations
Real GDP growth quarterly	24: 3.0% Q2 23: 3.3% Q2	24: 0.6% Q2 23: 0.5% Q2	Interest rate on loans	24: 5.0% Aug 23: 5.1% Aug 24: 3.8% Aug 23: 3.5% Aug 24: 4.7% Aug	24: 7.8% Aug 23: 7.9% Aug 24: 3.7% Aug 23: 3.9% Aug 24: 4.9% Aug	Households' consumption Households' home purchase
				Aug 23: 5.0%	Aug 23: 5.0%	Corporations

Source: ECB Data Portal * Total value of financial investment transactions during the year compared to the same period last year, according to current prices.

Executive Summary Macroeconomic Environment

Financials

Risk Management Additional information

Record 9M operating profit of EUR 87.1 mn achieved

Profit (EUR mn) and loss account	9M 2023*	9M 2024*	Y-o-Y	Y-o-Y %
Net interest income	100 1	135 1	35 0	34 9
fee Net and commission income	21 8	26 9	5 1	23 6
Net other income	9 7	2 5	(2 7)	(34 1)
Operating income	129 8	167 2	37 4	28 8
Employee expenses	(30 6)	(40 7)	10 1	33 1
Administrative expenses	(25 0)	(31 7)	6 7	26 9
Depreciation	(5 9)	(7 7)	1 8	30 9
Operating expenses	(61 5)	(80 1)	18 7	30 4
Operating profit	68 3	87 1	18 8	27 4
Provisions	7 4	(12 7)	(20 1)	(270 6)
Tax	(10 3)	(13 1)	2 8	26 9
Profit after tax	65 4	61 3	(4 1)	(6 3)

* 9M of 2023 include the result of HPB on a stand-alone basis including the result of Nova hrvatska banka for the period from integration till reporting date (3.7.2023 – 30.9.2023) and 9M of 2024 includes the result of integrated Bank (HPB + Nova hrvatska banka) in accordance with the integration of Nova hrvatska banka in July 2023

• Net interest income is the key driver of the nine-month (9M) net profit in the amount of EUR 61.3 mn.
• A significant increase in net interest income compared to 9M 2023 (+35%) primarily due to the market movement of interest rates on deposits with central banks which neutralized the increase in operating expenses of EUR 18.7 mn and kept the CIR below 50%.
• Net fee and commission income recorded a growth of EUR 5.1 mn (+24 %) in the observed period due to higher income from payment transactions.
• Net other income lower due to the absence of non-recurring effects such as those recorded in 2023, which related to the results of legal actions taken in favour of the Bank.
• The movement of employee expenses primarily due to the impact of the integration of Nova hrvatska banka in 2023, the increase in employees' material rights in 2024 and to the lesser extent by labor and service price adjustments due to the inflationary environment.
• Operating expenses in the observed period increased in line with the integration of Nova hrvatska banka, the general increase in expenses and the increase in depreciation due to the activation of newly acquired assets.
• Although there was no significant increase in default, in accordance with the cautious approach to risk management that the Bank nurtures, the increase in provisions was caused by the migration of part of loans from Stage 1 to Stage 2, which follows the trends in the main foreign trade markets according to macroeconomic environment. In accordance with the described approach, the share of exposure in Stage 2 increased from 12.0% to 14.7% in corporate portfolio and from 16.1% to 17.5% in retail portfolio.

The most profitable quarter in history by operating profit

Strong non-interest income contribution in Q3 2024

Expenses kept under control, while supporting operating growth in Q3 2024

Quality and safe loan portfolio NPL coverage at 76.1%

Cost of risk dynamics – stage 3 (EUR mn)

Asset exceeded record level in 2023

(EUR mn) Balance sheet	31 12 2023	30 9 2024	YTD	YTD %
Cash and cash equivalents	3 103 ,	3 218 ,	115	3 7
Securities and other financial instruments	915	1 093 ,	178	19 5
Net loans and advances	2 908 ,	2 915 ,	7	0 2
Other assets	120	112	(8)	(6 5)
Total assets	7 046 ,	7 339 ,	293	4 2
Deposits	5 929 ,	6 208 ,	279	4 7
Loan liabilities	468	451	(17)	(3 7)
Other liabilities	115	85	(31)	(26 5)
Total liabilities	6 512 ,	6 743 ,	231	3 5
Total equity and reserves	534	595	61	5 11

• Total assets higher by EUR 293 mn (+EUR 455 mn in Q3 2024) compared to the end of 2023 primarily as a result of the increase in the volume of deposits.
• In total deposits, term deposits recorded a growth of 20.3% in the observed period which is a result of attractive interest rates on Super Štednja, while a vista deposits records a slight decrease of 4.3%.
• Relatively high loan returns neutralized by new placements, hence the level of loans is stable (+EUR 7 mn).
• Liquidity surplus from the collected deposits was placed in securities and other financial instruments (mainly bonds and treasury bills of the Republic of Croatia) for the purpose of 'locking' the yield following the reduction of reference rates.
• Loan liabilities refer to MREL instruments and received loans from financial institutions (CBRD, CNB repo loans and foreign financial institutions), where reduction refers to regular repayment.

Client deposits as a backbone of the balance sheet with a robust liquidity position

Balance sheet growth with stable structure

Liabilities and equity (EUR mn)

Stable level of gross loan portfolio with a focus on quality

19 Source: Management report

Gross loans share 31.12.2023 Gross loans share 30.9.2024

The long-term trend of decreasing NPL ratio continued

* Data as of June 30, 2024, source: CNB statistics, SV2 Selected indicators of the structure, concentration and operations of credit institutions

NPL ratio is continuing the positive long-term trend which, with a significant reduction in the exposure of NPLs, primarily through efficient collection and the necessary write-offs of non-performing exposures, gives an excellent result that was ultimately influenced by performing loans, mostly through reclassifications into the performing portfolio. The NPL coverage is still above the sector average.

Strengthened deposit base with strong growth in term deposits

Deposit share 31.12.2023 Deposit share 30.9.2024

Secure portfolio of securities

*Securities are presented in nominal amount

The securities portfolio consists of 81.4% bonds, with government bonds covering 76.8% of the total portfolio as the most significant investment.

Executive Summary Macroeconomic Environment Financials

Risk Management

Additional information

Prudent RWA management

RWA development (EUR mn)

Market risk Operational risk Credit risk

Strong capital position significantly above regulatory requirements 30.9.2024

Regulatory capital and MREL eligible instruments development

-150

-100

-50

0

50

0

100

200

300

400

500

600

700

800

900

1,000

1,100

1,200

A highly diversified and stable credit portfolio

* Hrvatske autoceste are included in construction industry, with a share of 54.04% of the total exposure to that industry

26 Source: Management report, according to National Classification of Activities (NKD) Executive Summary Macroeconomic Environment Financials

Risk Management

Additional information

HPB share outperformed the relevant market indices

44.9%

Sustainable operations in 2024

ESG segment	Activities in focus in 2024
E T N E M N O R VI N E	Development of methodologies and metrics for environmental goals from the Climate Strategy and Transition Plan of the HPB Group ➢ defined base year 2023 for GHG (greenhouse gas emissions) with initial values Range 1 = 649.41 tCO2e, Range 2 = 597.05 tCO2e, Range 3 = 799,574.21 tCO2e ➢ defined base year 2023 for GAR (green asset ratio) with an initial value of 0.75% ➢ selection of sectors, scenarios and methodology for setting goals (focus on reducing GHG emissions and increasing GAR) in accordance with the regulatory framework	Improvement of the methodology of general assessment and assessment of the significance of environmental risks ➢ greater granularity - the cadastral parcel level ➢ a wider range of physical risks (sea level rise, wind power) ➢ inclusion of climate change projections according to NGFS scenarios until 2050	Integration of environmental risks in the credit process ➢ defined sectoral policies from the perspective of environmental risks (credit ➢ assessment at criteria, restrictions, thresholds and exclusions) ➢ defined methodology for determining the ENV (environmental) rating of industries ➢ and clients ➢ integration of ESG questionnaires into credit documentation ➢			Taxonomy	Development of products with elements of sustainability in accordance with the adopted framework for the development of sustainable products implementation of project sustainability assessment in the credit process, in accordance with the criteria of the EU identification and monitoring of sustainability components of projects financed by the Bank modification of the profitability calculator
S Y T E CI O S	Development of methodologies and metrics for social sustainability goals ➢ application of ESRS sustainability reporting standards ➢ defined base year 2023 and material topics as a basis for setting goals (gender equality, turnover, adequate salaries)	Implementation of activities in accordance with the recommendations of ISO 26000: Guidelines on social responsibility ➢ continuous identification and improvement of business activities in accordance with sustainability standards		Conducting employee satisfaction surveys ➢	Corporate Financial literacy program volunteering ➢ education in 8 counties ➢ 9 volunteer (pupils and students) actions were ➢ focus on marking the organized October European Money Week during 2024 2024		Business cooperation ➢ project Safer Schools and Kindergartens in cooperation with the Red Cross
G E C N A N R E V O G	Preparation for sustainability reporting according to ESRS standards for the 2024 reporting period ➢ implementation of an IT solution for data management and sustainability reporting: ❑ Module I – monitoring and reporting on greenhouse gas (GHG) emissions ❑ Module II – monitoring and reporting on taxonomic indicators ❑ Module III – monitoring of indicators and reporting according to ESRS standards		Implementation of the ESG questionnaire in the Bank's operations ➢ creating an ESG questionnaire to collect data from clients on sustainability factors ➢ establishing a data management process from the ESG questionnaire ➢ Informing clients and starting the application / filling in of questionnaires by clients		Implementation of the Principles of Implementation Responsible Banking UNEP FI ➢ conducted an analysis of the impact of ➢ principles the Bank's portfolio ➢ publication of the first report in process accordance with the Bank's ➢ membership in the UNEP FI initiative ➢ ongoing setting of SMART goals in the most significant areas of influence (minimum 2 goals)		of ESG questionnaire for suppliers for suppliers already implemented in the procurement definition of the questionnaire for suppliers, the process and methodology of supplier evaluation is in progress

Abbreviations

Abbreviation	Definition
CAR	Capital Adequacy Ratio
CBRD	Croatian Bank for Reconstruction and Development
CET 1	Common Equity Tier 1
CIR	Cost-to-income ratio
CNB	Croatian National Bank
CROBEX	Croatian Benchmark Stock Exchange Index
ECB	European Central Bank
ESG	Environmental, Social and Governance
GDP	Gross Domestic Product
HICP	Harmonised index of consumer prices
HPB	Hrvatska poštanska banka
ISIN	International Securities Identification Number
LCR	Liquidity Coverage Ratio
MREL	Minimum Requirement for Own Funds and Eligible Liabilities
NSFR	Net Stabile Funding Ratio
Q	Quarter
ROAA	Return on Average Assets
ROAE	Return on Average Equity
RWA	Risk-Weighted Assets
Stage 1 and 2	Performing Loans
Stage 3 or NPL	Non-Performing Loans
Y-o-Y	Year-over-Year
YTD	Year to Date
9M	Nine-month period

Indicies calculation

Indicator	Calculation
Liquidity coverage ratio (LCR)	The ratio of liquid assets to net liquidity outflow
NPL coverage	Ratio of accumulated impairments for non-performing loans to total non-performing loans
NPL ratio	Ratio of non-performing loans to total loans
Net stable funding ratio (NSFR)	Ratio of the available amount of stable funding relative to the required amount of stable funding
Loan to deposit ratio	Ratio of net loans to deposits as of the reporting date
Cost to income ratio (CIR)	Operating cost to net operating income ratio
Return on average assets (ROAA)	Ratio of annualized profit for the current year to average assets (arithmetic mean of the balance in assets at the end of the reporting period and the balance in assets at the end of the previous year)
Return on average equity (ROAE)	Ratio of annualized profit for the current year to average equity (arithmetic mean of the balance in equity at the end of the reporting period and the balance in equity at the end of the previous year)
Common Equity Tier 1 (CET 1)	Common Equity Tier 1 (CET1) capital to risk-weighted assets (RWA) ratio

Statement by persons responsible for compiling the report of HPB p.l.c.

In accordance with the Capital Market Act, the Management Board of HPB p.l.c., states that according to their best knowledge the set of unaudited unconsolidated financial statements for the period from January 1 to September 30, 2024, are compiled in accordance with the accounting regulation applicable to credit institutions in Croatia, presents complete and accurate view of assets and liabilities, losses and gains, financial position and results of HPB p.l.c.

On behalf of HPB p.l.c.:

Marko Badurina Tadija Vrdoljak President of the Management Board Member of the Management Board

Ivan Soldo Josip Majher

Anto Mihaljević Member of the Management Board

Member of the Management Board Member of the Management Board

Management report of HPB p.l.c.

Management report of Hrvatska poštanska Banka p.l.c. for the period from January 1 to September 30, 2024, is contained in the previous section of this material.

Marko Badurina Tadija Vrdoljak President of the Management Board Member of the Management Board

Ivan Soldo Josip Majher

Anto Mihaljević Member of the Management Board

Member of the Management Board Member of the Management Board

Annex 1		ISSUER'S GENERAL DATA
Reporting period:		1.1.2024.	to	30.09.2024.
Year:		2024
Quarter:		3
		Quarterly financial statements
Registration number (MB):	03777928		Issuer's home Member State code:	HRVATSKA
Entity's registration number (MBS):	080010698
Personal identification number (OIB):	87939104217		LEI:	529900D5G4V6THXC5P79
Institution code:	319
Name of the issuer:	HRVATSKA POŠTANSKA BANKA, p.l.c.
Postcode and town:	10000		ZAGREB
Street and house number:	JURIŠIĆEVA ULICA 4
E-mail address:	hpb@hpb.hr
Web address:	www.hpb.hr
Number of employees (end of the reporting	1703
Consolidated report:	KN	(KN-not consolidated/KD-consolidated)		KN	KD
Audited:	RN	(RN-not audited/RD-audited)		RN	RD
Names of subsidiaries (according to IFRS):			Registered office:		MB:
Bookkeeping firm:	No	(Yes/No)			Yes No
Contact person: Tea Bažant				(name of the bookkeeping firm)
	(only name and surname of the contact person) Telephone: 014804670
	E-mail address: tea.bazant@hpb.hr
Audit firm:
	(name of the audit firm)
Certified auditor:	(name and surname)

BALANCE SHEET balance as at 30.09.2024.

Submitter: HRVATSKA POŠTANSKA BANKA, p.l.c.			in EUR
Item	ADP code	Last day of the preceding business year	Current period
1	2	3	4
Assets Cash, cash balances at central banks and other demand deposits (from 2 to 4)	001		3,103,793,849 3,217,924,974
Cash in hand	002	136,782,367	132,817,604
Cash balances at central banks	003		2,957,462,257 3,072,672,084
Other demand deposits	004	9,549,225	12,435,286
Financial assets held for trading (from 6 to 9) Derivatives	005 006	54,809,698 612,632	56,513,271 147,841
Equity instruments	007	14,348,314	16,428,848
Debt securities	008	39,848,752	39,936,582
Loans and advances	009	0	0
Non-trading financial assets mandatorily at fair value through profit or loss (from 11 to 13)	010	490,500	486,283
Equity instruments Debt securities	011 012	0	0
Loans and advances	013	0 490,500	0 486,283
Financial assets at fair value through profit or loss (15 + 16)	014	0	0
Debt securities	015	0	0
Loans and advances	016	0	0
Financial assets at fair value through other comprehensive income (from 18 to 20)	017	4,394,287	4,555,698
Equity instruments	018	4,394,287	4,555,698
Debt securities Loans and advances	019 020	0 0	0 0
Financial assets at amortised cost (22 + 23)	021		3,786,154,629 3,969,296,494
Debt securities	022		855,856,956 1,032,395,287
Loans and advances	023		2,930,297,673 2,936,901,207
Derivatives - hedge accounting	024	0	0
Fair value changes of the hedged items in portfolio hedge of interest rate risk	025	0	0
Investments in subsidiaries, joint ventures and associates	026	1,295,487	1,495,487
Tangible assets Intangible assets	027 028	60,791,774	56,111,255
Tax assets	029	14,601,447 5,316,953	14,634,547 5,006,494
Other assets	030	14,404,364	11,766,122
Fixed assets and disposal groups classified as held for sale	031	0	742,073
Total assets (1 + 5 + 10 + 14 + 17 + 21 + from 24 to 31) Liabilities	032		7,046,052,988 7,338,532,698
Financial liabilities held for trading (from 34 to 38)	033	16,165	13,063
Derivatives	034	16,165	13,063
Short positions	035	0	0
Deposits	036	0	0
Debt securities issued Other financial liabilities	037 038	0 0	0 0
Financial liabilities at fair value through profit or loss (from 40 to 42)	039	0	0
Deposits	040	0	0
Debt securities issued	041	0	0
Other financial liabilities	042	0	0
Financial liabilities measured at amortised cost (from 44 to 46)	043		6,418,350,046 6,671,588,695
Deposits	044		6,397,218,638 6,658,702,244
Debt securities issued Other financial liabilities	045 046	0 21,131,408	0 12,886,451
Derivatives - hedge accounting	047	0	0
Fair value changes of the hedged items in portfolio hedge of interest rate risk	048	0	0
Provisions	049	41,571,561	36,836,850
Tax liabilities Share capital repayable on demand	050 051	7,508,138	6,127,403
Other liabilities	052	0 44,870,183	0 28,835,871
Liabilities included in disposal groups classified as held for sale	053	0	0
Total liabilities (33 + 39 + 43 + from 47 to 53) Equity	054		6,512,316,093 6,743,401,882
Capital	055	161,970,000	161,970,000
Share premium	056	0	0
Equity instruments issued other than capital	057	0	0
Other equity	058	0	0
Accumulated other comprehensive income Retained profit	059 060	8,645,102 194,508,595	8,738,439 273,814,919
Revaluation reserves	061	0	0
Other reserves	062	87,998,143	89,306,875
( – ) Treasury shares	063	0	-3,920
Profit or loss attributable to owners of the parent	064	80,615,055	61,304,503
(-–) Interim dividends Minority interests [non-controlling interests]	065	0	0
Total equity (from 55 to 66)	066 067	0 533,736,895	0 595,130,816
Total equity and liabilities (54 + 67)	068		7,046,052,988 7,338,532,698

STATEMENT OF PROFIT OR LOSS for the period 01.01.2024. to 30.09.2024.

Attributable to owners of the parent

Cumulative Quarter Cumulative Quarter 2 3 4 5 6 001 112,116,908 51,499,879 195,395,617 65,782,493 002 12,403,228 6,900,478 61,209,397 22,507,017 003 0 0 0 0 004 978,378 5,001 218,426 5,476 005 53,368,536 21,258,712 57,472,420 21,277,453 006 31,585,023 12,477,795 30,541,600 11,032,108 007 7,941 7,941 0 0 008 3,026,736 850,296 3,738,857 2,135,132 009 201,991 -252,140 1,063 576 010 0 0 0 0 011 0 0 0 0 012 -466,460 -463,257 310,793 -137,810 013 0 0 0 0 014 18,756 18,756 79,350 9,577 015 6,490,445 125,480 3,134,274 1,476,247 016 2,721,667 -557,395 2,101,176 402,895 017 129,033,313 54,229,790 166,498,627 56,607,124 018 53,067,656 21,461,085 69,663,549 22,181,225 019 62,500 12,500 0 0 020 8,085,070 3,411,986 10,086,430 2,885,861 021 -520,307 -327,264 -362,467 -218,871 022 -4,725,350 -1,924,950 2,284,840 2,317,386 023 -3,786,866 1,894,097 9,686,095 9,189,603 024 0 0 0 0 025 0 0 0 0 026 0 0 0 0 027 0 0 0 0 028 0 0 0 0 029 75,809,996 29,047,808 74,415,246 19,814,178 030 10,332,782 5,943,734 13,110,743 3,579,995 031 65,477,214 23,104,074 61,304,503 16,234,183 032 0 0 0 0 033 0 0 0 0 034 0 0 0 0 035 65,477,214 23,104,074 61,304,503 16,234,183 036 0 0 0 0 037 65,477,214 23,104,074 61,304,503 16,234,183 038 65,477,214 23,104,074 61,304,503 16,234,183 039 317,068 -56,361 93,337 18,266 040 317,068 -56,361 93,337 18,266 041 0 0 0 0 042 0 0 0 0 043 0 0 0 0 044 0 0 0 0 045 0 0 0 0 046 400,301 -56,361 167,658 22,276 047 0 0 0 0 048 0 0 0 0 049 0 0 0 0 050 0 0 0 0 051 -83,233 0 -74,321 -4,010 052 0 0 0 0 053 0 0 0 0 054 0 0 0 0 055 0 0 0 0 056 0 0 0 0 057 0 0 0 0 058 0 0 0 0 059 0 0 0 0 060 0 0 0 0 061 65,794,282 23,047,713 61,397,840 16,252,449 062 0 0 0 0 Submitter: HRVATSKA POŠTANSKA BANKA, p.l.c. Exchange rate differences [gain or (-) loss], net Interest income (Interest expenses) (Expenses on share capital repayable on demand) Dividend income Fees and commissions income (Fees and commissions expenses) Gains or (-) losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net Gains or (-) losses on financial assets and liabilities held for trading, net Gains or losses on non-trading financial assets mandatorily at fair value through profit or loss, net Gains or (-) losses on derecognition of financial assets and liabilities at fair value through profit or loss, net Gains or (-) losses from hedge accounting, net (Impairment or (-) reversal of impairment of investments in subsidiaries, joint ventures and associates) Gains or (-) losses on derecognition of of investments in subsidiaries, joint ventures and associates, net Gains or (-) losses on derecognition of non-financial assets, net Other operating income (Other operating expenses) Total operating income, net (1 – 2 – 3 + 4 + 5 – 6 + from 7 to 15 – 16) (Administrative expenses) (Cash contributions to resolution boards and deposit guarantee schemes) (Depreciation) Modification gains or (-) losses, net (Provisions or (-) reversal of provisions) (Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss) Attributable to minority interest [non-controlling interests] (Impairment or (-) reversal of impairment on non-financial assets) Negative goodwill recognised in profit or loss Share of the profit or (-) losses of investments in subsidiaries, joint ventures and associates accounted for using the equity method Profit or (-) loss from fixed assets and disposal groups classified as held for sale not qualifying as discontinued operations Profit or (-) loss before tax from continuing operations (17 – 18 to 20 + 21 from 22 to 25 + from 26 to 28) (Tax expense or (-) income related to profit or loss from continuing operations) Profit or (-) loss after tax from continuing operations (29 – 30) Profit or (-) loss after tax from discontinued operations (33 – 34) Profit or (-) loss before tax from discontinued operations (Tax expense or (-) income related to discontinued operations) Profit or ( – ) loss for the year (31 + 32; 36 + 37) Attributable to owners of the parent Income or (-) loss for the current year Other comprehensive income (40+ 52) Items that will not be reclassified to profit or loss (from 41 to 47 + 50 + 51) Tangible assets Hedge of net investments in foreign operations [effective portion] Intangible assets Actuarial gains or (-) losses on defined benefit pension plans Fixed assets and disposal groups classified as held for sale Share of other recognised income and expense of entities accounted for using the equity method Fair value changes of equity instruments measured at fair value through other comprehensive income Gains or (-) losses from hedge accounting of equity instruments at fair Item ADP code Same period of the previous year Current period 1 Income tax relating to items that may be reclassified to profit or (-) loss Total comprehensive income for the current year (38 + 39; 62 + 63) Attributable to minority interest [non-controlling interest] STATEMENT OF OTHER COMPREHENSIVE INCOME Foreign currency translation Cash flow hedges [effective portion] Hedging instruments [not designated elements] Debt instruments at fair value through other comprehensive income Fixed assets and disposal groups classified as held for sale Share of other recognised income and expense of investments in subsidiaries, joint ventures and associates Fair value changes of equity instruments measured at fair value through Fair value changes of equity instruments measured at fair value through Fair value changes of financial liabilities measured at fair value through profit or loss attributable to changes in their credit risk Income tax relating to items that will not be reclassified Items that may be reclassified to profit or loss (from 53 to 60)

063 65,794,282 23,047,713 61,397,840 16,252,449

in EUR

STATEMENT OF CASH FLOW

for the period 01.01.2024 to 30.09.2024.

in EUR

Submitter: HRVATSKA POŠTANSKA BANKA, p.l.c.
Item	ADP code	Same period of the previous year	At the reporting date of the current period
1	2	3	4
Operating activities - direct method
Interest received and similar receipts	001
Fees and commissions received	002
(Interest paid and similar expenditures)	003
(Fees and commissions paid) (Operating expenses paid)	004 005
Net gains/losses from financial instruments at fair value through
statement of profit or loss	006
Other receipts	007
(Other expenditures)	008
Operating activities - indirect method Profit/(loss) before tax	009	75,809,996	74,415,246
Adjustments:		0	0
Impairment and provisions	010	-9,032,523	11,970,935
Depreciation	011	8,085,070	10,086,430
Net unrealised (gains)/losses on financial assets and liabilities at fair	012	-3,236,668	-3,739,920
value through statement of profit or loss
(Profit)/loss from the sale of tangible assets	013	0	-79,350
Other non-cash items Changes in assets and liabilities from operating activities	014	-99,713,680	-134,352,972
Deposits with the Croatian National Bank	015	0	0
Deposits with financial institutions and loans to financial institutions	016	0	0
Loans and advances to other clients	017	205,003,463	-6,603,534
Securities and other financial instruments at fair value through other
comprehensive income	018	-5,091,519	-161,411
Securities and other financial instruments held for trading	019	2,186,879	-1,703,573
Securities and other financial instruments at fair value through statement of profit or loss, not traded	020	0	0
Securities and other financial instruments mandatorily at fair value through statement of profit or loss	021	0	4,217
Securities and other financial instruments at amortised cost	022	-90,731,076	-176,538,331
Other assets from operating activities	023	3,770,795	2,638,242
Deposits from financial institutions	024	12,902,449	130,749,846
Transaction accounts of other clients	025	697,874,197	-185,596,842
Savings deposits of other clients Time deposits of other clients	026 027	-352,554,983	-19,744,863
Derivative financial liabilities and other liabilities held for trading	028	-135,628,119 1,390,449	353,384,574 -3,102
Other liabilities from operating activities	029	1,239,449	-29,631,296
Interest received from operating activities [indirect method]	030	112,116,908	195,395,617
Dividends received from operating activities [indirect method]	031	978,378	218,426
Interest paid from operating activities [indirect method]	032	-12,403,228	-61,209,397
(Income tax paid)	033	0	-14,181,019
Net cash flow from operating activities (from 1 to 33)	034	412,966,237	145,317,923
Investing activities
Cash receipts from the sale / payments for the purchase of tangible and intangible assets	035	-13,962,110	-13,683,968
Cash receipts from the sale / payments for the purchase of investments in branches, associates and joint ventures	036	22,541,086	0
Cash receipts from the sale / payments for the purchase of securities and other financial instruments held to maturity	037	0	0
Dividends received from investing activities	038	0	0
Other receipts/payments from investing activities	039	0	-200,000
Net cash flow from investing activities (from 35 to 39)	040	8,578,976	-13,883,968
Financing activities
Net increase/(decrease) in loans received from financing activities	041	167,949,627	-17,309,109
Net increase/(decrease) in debt securities issued Net increase/(decrease) in Tier 2 capital instruments	042 043	0 0	0 0
Increase in share capital	044	0	0
(Dividends paid)	045	0	0
Other receipts/(payments) from financing activities	046	0	0
Net cash flow from financing activities (from 41 to 46)	047	167,949,627	-17,309,109
Net increase/(decrease) of cash and cash equivalents (34 + 40 + 47)	048	589,494,840	114,124,846
Cash and cash equivalents at the beginning of period	049	1,316,506,298	3,103,793,849
Effect of exchange rate fluctuations on cash and cash equivalents	050	-466,460	6,279
Cash and cash equivalents at the end of period (48 + 49 + 50)	051	1,905,534,678	3,217,924,974

STATEMENT OF CHANGES IN EQUITY

to30.6.2024for the period from

	ADP cod e	Attr ibut able of the Non lling int to t ntro own ers pa ren -co								st ere
Sou s of uity ch rce eq ang es		Equ ity	Sha re pre miu m	Equ ity inst ent rum s issu ed o the r tha pita l n ca	Oth quit er e y	Acc ulat ed um oth er hen si com pre ve i nco me	Reta ined prof it	Rev alua tion rese rves	Oth er rese rves	( ) T reas ury sha res	Prof it or ( - ) loss attri buta ble to of th own ers e nt pare	(-) In terim divi den ds	Acc ulat ed um oth er hen si com pre ve i nco me	Oth er i tem s	Tot al
1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16
Ope ning ba lanc e [b efo esta tem ent ] re r	001	161 ,970 ,000	0	0	0	8,6 45, 102	194 ,508 ,594	0	87, 998 ,14 4	0	80, 615 ,05 5	0	0	0	533 ,736 ,895
Effe of e ions cts rect rror cor	002	0	0	0	0	0	1	0	0	0	0	0	0	0	1
Effe cts of c han in ting licie ges acc oun po s	003	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ope ning ba lanc e [c nt p erio d] ( 1 + 2 + 3) urre	004	161 ,970 ,000	0	0	0	8,64 5,10 2	194 ,508 ,595	0	87,9 98,1 44	0	80,6 15,0 55	0	0	0	533 ,736 ,896
Ord inar y sh iss ares ue	005	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Pre fere sha issu nce res e	006	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issu e of oth quit y in stru ts er e men	007	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Exe rcis pira tion of oth quit y in stru ts e o r ex er e men issu ed	008	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Con ion of r viab les quit y in to e stru ts vers ece men	009	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cap ital red ion uct	010	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Divi den ds	011	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Pur cha f tre hare se o asu ry s s	012	0	0	0	0	0	0	0	0	-3,9 20	0	0	0	0	-3,9 20
Sale cell atio n of hare tre or can asu ry s s	013	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Rec lass ifica tion of f inan cial ins trum ents fro quit y to m e liab ility	014	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Rec lass ifica tion of f inan cial ins fro m li abil ity t trum ents o ity equ	015	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tra nsfe s of uity ent rs a mo ng c om pon eq	016	0	0	0	0	0	79, 306 ,32 4	0	0	0	-79 ,30 6,3 24	0	0	0	0
Equ ity i r ( - ) d sult ing from ncr eas e o ecr eas e re bus ines mb inat ions s co	017	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Sha re b d p ent ase aym s	018	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Oth er i r (-) de in e quit ncr eas e o cre ase y	019	0	0	0	0	0	0	0	1,3 08, 731	0	-1,3 08, 731	0	0	0	0
Tot al c hen sive inc e fo r th t ye om pre om e cu rren ar	020	0	0	0	0	93, 337	0	0	0	0	61, 304 ,50 3	0	0	0	61,3 97,8 40
Clo sing ba lanc e [c erio d] ( from 4 t o 20 ) nt p urre	021	161 ,970 ,000	0	0	0	8,73 8,43 9	273 ,814 ,919	0	89,3 06,8 75	-3,9 20	61,3 04,5 03	0	0	0	595 ,130 ,816

in EUR

Notes to financial statements
1) INTEREST INCOME				in EUR
AOP 001	Same period of the previous year 01.01.- 30.09.2023.		Current period 01.01. – 30.09.2024.
Debt securities	Cumulative 11,580,743	Quarter 4,692,247	Cumulative 17,593,380	Quarter 6,919,285
Loans and advances Other assets	72,108,929 28,427,237	32,088,613 14,719,019	95,252,371 82,549,866	32,060,502 26,802,706
Deposits Other liabilities	- -	- -		- -
Total	112,116,908	51,499,879	195,395,617	65,782,493
2) INTEREST EXPENSE	Same period of the previous year			in EUR
AOP 002	01.01.- 30.09.2023. Cumulative	Quarter	Current period 01.01. – 30.09.2024. Cumulative	Quarter
Debt securities Loans and advances	- 7,342	- 3,803	- 168	- 18
Other assets Deposits	- 12,384,626	- 6,890,152	- 60,532,378	- 22,036,422
Other liabilities	11,259	6,523	676,851	470,577
Total	12,403,228	6,900,478	61,209,397	22,507,017
3) FEE AND COMMISSION INCOME AOP 005	Same period of the previous year		Current period 01.01. – 30.09.2024.	in EUR
	01.01.- 30.09.2023. Cumulative	Quarter	Cumulative	Quarter
Payment transactions Account and package fees	29,356,261 7,871,012	10,110,227 3,043,584	30,728,943 8,989,617	10,823,543 2,977,985
Card business Mobile and Internet banking	3,536,211 1,587,054	1,475,707 623,037	3,803,480 1,817,183	1,333,977 568,849
Other Total	11,017,998 53,368,536	6,006,157 21,258,711	12,133,198 57,472,420	5,573,100 21,277,454
				in EUR
4) FEE AND COMMISSION EXPENSE AOP 006	Same period of the previous year		Current period 01.01. – 30.09.2024.
	01.01.- 30.09.2023. Cumulative	Quarter	Cumulative	Quarter
Payment transactions Other	20,329,487 11,255,536	6,622,183 5,855,612	19,248,206 11,293,393	6,657,367 4,374,740
Total	31,585,023	12,477,795	30,541,600	11,032,108
5) GAIN/LOSSES ON TERMINATION OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES	Same period of the previous year			in EUR
AOP 007	01.01.- 30.09.2023. Cumulative	Quarter	Current period 01.01. – 30.09.2024. Cumulative	Quarter
Debt securities	(1,936)	(1,936)	-	-
Loans and advances Deposits	- -	- -	- -	- -
Debt Securities issued Other financial liabilities	- 9,877	- 9,877	- -	- -
Total	7,941	7,941	-	-
6) GAINS OR (-) LOSSES ON FINANCIAL ASSETS AND LIABILITIES HELD FOR TRADING				in EUR
AOP 008	Same period of the previous year 01.01.- 30.09.2023.		Current period 01.01. – 30.09.2024.
Equity instruments	Cumulative 1,385,647	Quarter 132,670	Cumulative 2,105,138	Quarter 820,338
Debt securities FX transactions and derivatives	(187,596) 1,828,685	(255,702) 973,327	585,802 1,047,917	523,570 791,225
Total	3,026,736	850,296	3,738,857	2,135,133
7) GAINS OR LOSSES ON NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS	Same period of the previous year			in EUR
AOP 009	01.01.- 30.09.2023.		Current period 01.01. – 30.09.2024.
Equity instruments	Cumulative -	Quarter -	Cumulative - 287	Quarter -
Debt securities Loans and advances	- - 201,991 -	- (252,140)	- - 1,063 -	- 577
Total	201,991	(252,140)	1,063	577
8) OPERATING EXPENSES	Same period of the previous year			in EUR
AOP 016 & AOP 018 & AOP 019 & AOP 020	01.01.- 30.09.2023. Cumulative	Quarter	Current period 01.01. – 30.09.2024. Cumulative	Quarter
Other operating expenses	2,721,667	(557,395)	2,101,176	402,895
Administrative expenses Employee expenses	53,067,656 30,586,304	21,461,085 12,241,113	69,663,549 40,719,805	22,181,225 13,248,045
Other administrative expenses (Contributions in cash rehabilitation committees and Deposit Insurance Schemes)	22,481,352 62,500	9,219,972 12,500	28,943,744 -	8,933,181 -
Amortization Property, plant and equipment	8,085,070 5,113,462	3,411,986 2,337,706	10,086,430 6,387,946	2,885,860 1,985,692
Investment property Other intangible assets	- 2,971,607	- 1,074,280	- 3,698,484	- 900,168
Total	63,936,893	24,328,176	81,851,154	25,469,981
9) IMPAIRMENT LOSSES AND PROVISION EXPENSES				in EUR
AOP 021 & AOP 022 & AOP 023 & AOP 024	Same period of the previous year 01.01.- 30.09.2023.		Current period 01.01. – 30.09.2024.
Modification gains or (-) losses, net AOP 021	Cumulative (520,307)	Quarter (327,264)	Cumulative (362,467)	Quarter (218,872)
Financial assets at fair value through other comprehensive income Financial assets at amortized cost	- (520,307)	- (327,264)	- (362,467)	- (218,872)
(Provisions or (-) reversal of provisions) AOP 022 Liabilities towards resolution committees and deposit insurance systems	(4,725,350) -	(1,924,950) -	2,284,840 -	2,317,386 -
(Liabilities and Guarantees) (Other Provisions)	(4,209,393) (515,957)	(1,739,409) (185,541)	2,698,530 (413,690)	2,046,599 270,787
(Impairment or (-) reversal of impairment on financial assets that are not
measured at fair value through profit or loss) AOP 023 (Financial assets at fair value through other comprehensive income)	(3,786,866) -	1,894,097 -	9,686,095 -	9,189,604 -
(Financial assets at amortized cost) (Impairment or (-) reversal of impairment off of investments in subsidiaries, joint	(3,786,866)	1,894,097	9,686,095	9,189,604
ventures, and associates)	-	-	-	-
(Impairment or (-) reversal of impairment off non-financial assets) AOP 024 (Property, plant and equipment)	- -	- -	- -	- -
(Investment property)	-	-	-	-
(Goodwill) (Other intangible assets)	- -	- -	- -	- -
(Other) Total (AOP 022 + AOP 023 + AOP 024 - AOP 021)	- (7,991,909)	- 296,411	- 12,333,403	- 11,725,861
10) LOANS AND ADVANCES						in EUR
AOP 023	Stage 1	31.12.2023. Stage 2	Stage 3	Stage 1	30.09.2024. Stage 2	Stage 3
Central banks Mandatory reserve	- -	- -	- -	734,116 -	- -	- -
Allowance	-	-	-	-	-	-
Other receivables Allowance	- -	- -	- -	734,116 -	- -	- -
Government Gross loans	448,859,075 450,089,885	1,773,946 1,805,576	2,846,111 2,916,570	404,016,274 405,476,889	1,310,916 1,326,920	2,814,689 2,884,921
Allowance Credit institutuions	(1,230,810) 1,564,563	(31,630) -	(70,459) 168	(1,460,615) 125,086	(16,004) -	(70,232) -
Gross loans Allowance	16,432 -	- -	172 (4)	1,579 (1)	- -	- -
Deposits Allowance	1,551,167 (3,035)	- -	- -	123,817 (309)	- -	- -
Other financial institutions Gross loans	37,699,866 35,792,179	6,402 11,336	527 132,772	60,244,873 58,482,517	2,369 2,584	166 180
Allowance	(197,893)	(4,934)	(132,245)	(322,844)	(214)	(15)
Deposits Allowance	2,157,717 (52,138)	- -	- -	2,136,833 (51,633)	- -	- -
Non - financial institutions Gross loans	652,151,087 661,450,783	186,276,332 195,925,509	36,332,874 98,793,546	718,105,488 727,155,680	146,411,098 157,639,661	27,876,067 85,135,324
Allowance Retail	(9,299,697) 1,273,097,668	(9,649,177) 255,463,828	(62,460,672) 34,225,225	(9,050,193) 1,282,029,729	(11,228,563) 260,910,721	(57,259,257) 32,319,614
Gross loans Allowance	1,279,022,452 (5,924,784)	277,544,147 (22,080,319)	167,697,343 (133,472,118)	1,287,260,902 (5,231,172)	283,820,923 (22,910,201)	175,458,414 (143,138,799)
Total	2,413,372,259	443,520,509	73,404,905	2,465,255,566	408,635,105	63,010,535
11) NON-TRADING FINANCIAL ASSETS MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS		in EUR
AOP 013 Central banks	31.12.2023. -	30.09.2024. -
Local state Credit institutions	- -	- -
Other financial institutions Non - financial institutions	- -	- -
Retail Total	490,500 490,500	486,283 486,283
12) DEPOSITS AOP 044	31.12.2023.	in EUR 30.09.2024.
Central banks Local state	73,698,625 1,850,606,910	73,837,523 1,802,222,834
Credit institutions	119,203,207	209,194,672

Non - financial institutions 897,267,392 794,372,763 Retail 3,138,752,794 3,396,304,050 Total 6,397,218,638 6,658,702,244