Moneta Money Bank A.S.

Earnings Release • Apr 25, 2025

1Q 2025 Results

Published on 25 April 2025 at 07:00 CET

According to IFRS, Consolidated, Unaudited

MANDATORY DISCLOSURE / PUBLIC DISCLOSURE OF MANDATORY INFORMATION

1Q 2025 Key highlights

(in CZK)

• Operating income of CZK 3.4 billion (+8.4%)
• Operating expenses kept stable at CZK 1.5 billion despite persisting inflationary pressure in the labour market
• Net profit of CZK 1.5 billion (+14.0%) in line with market guidance
• Loan portfolio growth at CZK 278 billion (+4.0%) in line with expectations
• Total assets reached CZK 501 billion (+7.0%), supported by continued expansion of the funding base (+7.8%)

Note: Percentage change represents movement compared to 1Q 2024. (1) Gross performing portfolio.

1Q 2025 Key highlights

(in CZK)

• Risk weighted assets decreased by CZK 10 billion due to the implementation of capital requirements regulation (CRR 3)
• Capital adequacy ratio at 19.1%, which is 3.9% above the management target and corresponds to excess capital of CZK 6.4 billion¹
• Return on Tangible Equity at 19.5% (+2.4pp)

Shareholders approved all proposals at the Annual General Meeting held on 24 April 2025

• Approval of Mr. Miroslav Singer as a member of the Supervisory Board 01
• Annual Consolidated Financial Statements of MONETA Money Bank, a.s. as of 31 December 2024 02
• Annual Separate Financial Statements of MONETA Money Bank, a.s. as of 31 December 2024 03
• Dividend distribution of CZK 10 per share (record date 30 April 2025 and due date 21 May 2025) 04
• Appointment of Deloitte Audit s.r.o as the external auditor for 2025, 2026 and 2027 05
• 2024 Remuneration Report 06

Content

• Macroeconomic Environment 01
• Operating Platform 02
• Profit and Loss Development 03
• Balance Sheet Development 04
• Risk Metrics & Asset Quality 05
• Liquidity Development 06
• Capital Management 07
• 2025 2029 Market Guidance 08
• Appendix 09

Czech economy grew by 1.8%; unemployment remains low and stable; state budget deficit forecasted at CZK 241 billion

Note: (1) Source: GDP at constant prices of 2020 based on the Czech Statistical Office (CZSO); GDP at current prices – 4Q 2023: CZK 1,927bn, 1Q 2024: CZK 1,963bn, 2Q 2024: CZK 1,994bn, 3Q 2024: CZK 2,016bn, 4Q 2024: CZK 2,035bn; GDP Y/Y % change: 4Q 2023–4Q 2024 actuals based on the CZSO seasonally adjusted, FY 2024 based on the CZSO and 2025 based on the CNB forecast; (2) Euro area data: www.ec.europa.eu/eurostat as at 22 January 2025; (3) ILO methodology, 2025F based on the CNB forecast issued in winter 2025; (4) Source: www.mfcr.cz.

Inflation on a descending trajectory towards the CNB inflation target of 2%; the key rate decreased to 3.75%

Inflation and consumer price index1 (year-over-year % change)

Contribution to inflation by item¹

	Dec'2024 %	Mar'2025 %	Mar'2025 Y/Y price
	contribution	contribution	change %
Food and beverages	0.7	1.6	5.8
Clothing and footwear	0.0	(0.1)	(2.2)
Housing, energy	1.1	0.5	1.5
Health	0.1	0.1	3.5
Transport, telecommunication	0.1	(0.2)	(1.4)
Recreation, culture, education	0.4	0.3	3.7
Restaurants and hotels	0.4	0.3	5.1
Other	0.2	0.2	3.2
Total	3.0	2.7	2.7

2W repo rate (average over period)

Source: CZSO, Bloomberg. Note: (1) Inflation rate as an increase in the average annual Consumer price index; (2) Consumer price index calculated as an increase in the CPI compared with the corresponding month of the preceding year; (3) Composed of short-term PRIBOR and swap market indication from 1 year and longer maturity.

1D

1W

2W

1M

2M

3M

6M

9M

12M

2Y

3Y

4Y

5Y

6Y

7Y

8Y

9Y

10Y

12Y

15Y

20Y

30Y

3.0%

7

Content

Macroeconomic Environment 01

Operating Platform 02

• Profit and Loss Development 03
• Balance Sheet Development 04
• Risk Metrics & Asset Quality 05
• Liquidity Development 06
• Capital Management 07
• 2025 2029 Market Guidance 08
• Appendix 09

Overall business platform

consists of three service and sales distribution pillars:

• Digital platform
• Branch network
• Contact centre

supported by own and shared ATM network, enabling deposits, withdrawals and service operations

Note: Numbers as at 31 March 2025. The percentage represents the year-on-year change. (1) Out of which 778 ATMs have a deposit function (40%); (2) Average FTEs in 1Q 2025; (3) Includes control and enabling functions.

Digital

is a critical distribution and service channel consisting of four key pillars:

• Web: www.moneta.cz
• Web: www.hypoteka.cz
• Mobile: Smart Banka
• Internet: Internet Banka

Mobile application – Smart Banka is the key component, enabling access to 52 products and more than 220 service functions

Note: Payment transactions, servicing transactions and sales transactions during 1Q 2025. All numbers in units. The percentage represents the year-on-year change. (1) Combination of Smart Banka and Internet Banka.

Branch network

continues to play an important role in product distribution and client service. The network is organised into six distinct front-office units:

• Retail banking
• Wealth management distribution
• Mortgage distribution
• Small business banking
• SME banking
• Structured finance for corporate clients

Note: Visits, cash transactions and loan applications during 1Q 2025. NPS for full year 2024. Cash transactions and loan applications in a number of units. The percentage represents the year-on-year change. (1) Cash and non-cash visits; (2) Average FTEs in 1Q 2025. Includes retail, SME and small business bankers; (3) As at 31 March 2025; (4) FY 2024 retail client NPS = Net promoter score is the difference between the % of promoters and the % of detractors. Based on a survey on consumer products.

Contact centre

complements the service and sales of both the digital and physical branch network through a range of communication channels:

• Telephone
• Email
• Web
• Chats
• Social media

Note: Number of staff as at 31 March 2025, NPS for the full year 2024, rest data cumulative during the 1Q 2025 for retail and commercial clients. The percentage and percentage points represent the year-on-year change. (1) Inbound traffic = number of answered incoming calls; (2) Monthly average; (3) Email communication = number of answered emails or messages from Internet Banka, web forms, chats or social media; (4) Percentage of calls answered out of total incoming calls, including resolved customer requests from missed calls that were called back; (5) FY 2024 retail client NPS = Net promoter score is the difference between the % of promoters and the % of detractors. Based on a survey on consumer products; (6) Lifetime income estimate of all insurance units sold.

ATM network

provides 24/7 access to withdrawals, deposits and miscellaneous services through its own and shared network. ATM alliance partnership includes four banks:

• MONETA Money Bank
• Komerční banka
• Air Bank
• UniCredit Bank

Content

• Macroeconomic Environment 01
• Operating Platform 02
• Profit and Loss Development 03
• Balance Sheet Development 04
• Risk Metrics & Asset Quality 05
• Liquidity Development 06
• Capital Management 07
• 2025 2029 Market Guidance 08
• Appendix 09

Net profit driven by operating income growth and stable cost base; cost of risk in line with expectations

PROFIT AND LOSS (CZK m)	1Q 2024	1Q 2025	CHANGE YoY
Net interest income	2,075	2,337	12.6%
Net fee and commission income	740	848	14.6%
Other income	302	193	(36.1)%
OPERATING INCOME	3,117	3,378	8.4%
Operating expenses	(1,486)	(1,498)	0.8%
OPERATING PROFIT	1,631	1,880	15.3%
Cost of risk	(135)	(151)	11.9%
PROFIT BEFORE TAX	1,496	1,729	15.6%
Income tax	(210)	(263)	25.2%
NET PROFIT	1,286	1,466	14.0%
Earnings per share	2.5	2.9	14.0%
Return on Tangible Equity	17.1%	19.5%	2.4pp
Effective tax rate	14.0%	15.2%	1.2pp

Net interest income growth driven by balance sheet expansion and significant decrease in CoF (NIM maintained stable at 1.9% compared to 4Q 2024)

Net fee and commission income growth driven mainly by the strong distribution of wealth management products (+51.0% or CZK 74 million YoY)

Other income impacted by lower FX derivative result and absence of bond sale gain in 1Q 2025

Cost base remained stable.

Adjusted cost to income ratio at 40.0%1

Cost of risk of CZK 151 million or 22bps in line with provided guidance

Net profit of CZK 1.5 billion, up by 14.0% with RoTE at 19.5%

Note: (1) Reported cost to income ratio at 44.3%.

NII growth primarily driven by deposit repricing; 1Q 2025 drop resulted from doubled mandatory deposit reserves

Net interest income (CZK m)

Interest income on loans (CZK m, YoY absolute change)

Treasury and other net interest income¹ (CZK m)

Interest expense on customer deposits (CZK m)

Note: (1) Treasury and other net interest income composed of money market operations, investment portfolio, wholesale funding and issued bonds.

Growth of nearly 15% driven by wealth management product distribution and improved commercial terms with Visa

Net fee and commission income (CZK m)

Fee expense (CZK m) Fee income (CZK m) (141) (165) (165) (194) (111) 322 289 289 323 296 ^{189 179 145 226 219} 1Q'24 2Q'24 3Q'24 4Q'24 1Q'25 ^{467 478 468 549 515} 414 439 451 459 444 1Q'24 2Q'24 3Q'24 4Q'24 1Q'25 Wealth mngt +51.0% YoY Insurance (8.1)% YoY 1Q'24 2Q'24 3Q'24 4Q'24 1Q'25

Third-party commission income (CZK m)

Cross-selling of wealth management products contributed to 51% commission income growth

Commissions from wealth management product distribution (CZK m) 145 219 1Q 2024 1Q 2025

Outstanding amount of distributed wealth management products (CZK m)

+51.0% 219		1Q 2024	1Q 2025	Change
	Number of licensed staff (MiFiD)	522	533	+2.1%
	Wealth management specialists	53	54	+1.9%
	Distributed volume (CZK m)	6,054	5,790	(4.4)%
	Redeemed volume (CZK m)	(1,154)	(1,756)	+52.1%
+41.4%
63,244	Opening fee (CZK m)	53	91	+71.7%
	Trailer fee (CZK m)	92	128	+39.1%

Note: Number of licensed staff and wealth management specialists as at 31 March of the relevant year. Number of licensed staff for the retail segment.

Recurrent insurance income grew by 4.6% YoY; overall income in 1Q 2024 impacted by one-offs

Commissions from insurance product distribution (CZK m) ^{296 283} 39 1Q 2024 1Q 2025 322 296 (8.1)% Recurrent income +4.6% YoY One-offs

Life insurance – annual premium equivalent (CZK m)

	1Q 2024	1Q 2025	Change
Number of licensed staff (IDD)1	682	647	(5.1)%
Life insurance
Annual premium equivalent (CZK m)	44	46	+4.5%
Commissions earned (CZK m)	81	86	+5.9%
Pension insurance
Units sold (ths)	9	7	(25.0)%
Commissions earned (CZK m)	24	21	(12.5)%
Payment protection insurance
Gross written premium (CZK m)	184	197	+6.9%
Commissions earned (CZK m)	102	105	+3.3%
One-offs (CZK m)	39	0	(100.0)%

Cost base stable as a result of lower regulatory charges which were offset by higher administrative expenses

Operating expenses (CZK m) Key highlights

• Regulatory charges decreased by 14.5% or CZK 33 million primarily due to lower contribution to the Resolution Fund
• Administrative and Other expenses increased by 19.0% or CZK 64 million mainly due to higher IT and marketing expenses.
• Personnel expenses went down by 1.8% or CZK 11 million due to employment base reduction by 2.2% to 2,453 FTEs¹
• Adjusted cost to income ratio decreased by 2.2pp to 40.0%

Content

Macroeconomic Environment 01

Operating Platform 02

• Profit and Loss Development 03
• Balance Sheet Development 04
• Risk Metrics & Asset Quality 05
• Liquidity Development 06
• Capital Management 07
• 2025 2029 Market Guidance 08
• Appendix 09

Loan portfolio (CZK bn)

Continued loan growth; funding base expansion driven by deposit gathering despite significant decline in cost of funding

Loan portfolio yield (average)

Funding base (CZK bn)

Cost of funding (average)

Note: Loan portfolio = gross performing receivables.

The balance sheet exceeded CZK 500 billion threshold through strong deposit base growth

Assets (CZK bn) Equity and liabilities (CZK bn)

Notes: (1) Including reverse repo operations with the CNB; (2) Including CSA from Due to customers in the amount of CZK 253m at the end of 1Q 2024, CZK 253m at the end of 2Q 2024, CZK 197m at the end of 3Q 2024, CZK 215m at the end of 4Q 2024 and CZK 200m at the end of 1Q 2025.

Reinforced lending activity in both retail and commercial segments delivered 27% growth of new lending volume

New lending volume (CZK bn)

New retail lending volume (CZK bn)

New commercial lending volume (CZK bn)

Note: (1) Including supplementary housing loans and auto loans; (2) Including commercial auto loans.

Loan portfolio returned to growth across all segments

Loan portfolio (CZK bn)

Retail loan portfolio (CZK bn)

Retail loan portfolio growth driven by mortgage and consumer lending

180.3 181.5 180.7 183.1 184.2 1Q 2Q 3Q 4Q 1Q ^{2024 2025 2024 2025}

Consumer loan portfolio (CZK bn)

Housing loan, credit card and overdraft (CZK bn)

Notes: (1) Loan to value ratio on the performing mortgage portfolio at 53.3% as at 31 March 2025.

Commercial loan portfolio¹ (CZK bn)

Commercial loan book produced fairly strong growth across most product categories

87.2 90.1 90.1 92.8 94.0 1Q 2Q 3Q 4Q 1Q

Investment loan portfolio² (CZK bn)

Small business loan portfolio (CZK bn)

Working capital portfolio (CZK bn)

Auto loan portfolio³ (CZK bn)

Notes: (1) Commercial loan portfolio includes portfolio of MONETA Leasing in the amount of CZK 1.9bn as at the end of 1Q 2024, CZK 1.6bn as at the end of 2Q 2024, CZK 1.4bn as at the end of 3Q 2024, CZK 1.2bn as at the end of 4Q 2024 and CZK 1.1bn as at the end of 1Q 2025; (2) Investment loan portfolio includes supplementary housing loans; (3) Auto loan portfolio includes financing of agriculture equipment (Smart Finance).

Loan portfolio yield remained broadly stable; commercial yield impacted by declining short-term interest rate environment

Loan portfolio yield (%)

Retail loan portfolio yield (%)

Commercial loan portfolio yield (%)

FUNDING BASE

Funding base grew by 7.8%, despite repricing activities during 2024

Customer deposits and wholesale funding¹ (CZK bn)

Notes: (1) Excludes opportunistic repo operations and CSA (CZK 0.7bn at the end of 1Q 2024, CZK 0.9bn at the end of 2Q 2024, CZK 0.4bn at the end of 3Q 2024, CZK 0.6bn at the end of 4Q 2024 and CZK 0.5bn at the end of 1Q 2025); wholesale funding includes Issued bonds, Subordinated liabilities and Due to banks balances.

Cost of funds reduction delivered NIM improvement; however, 1Q 2025 impacted by doubled mandatory deposit reserves

Monthly development of customer deposits and funding cost (%, CZK bn)

Retail deposit growth achieved in both deposit categories, despite significant repricing

Retail customer deposits (CZK bn)

Current account deposits (CZK bn)

Savings, term and other deposits1 (CZK bn)

As in retail, also commercial deposit growth achieved in both deposit categories

Commercial customer deposits (CZK bn)

Current account deposits (CZK bn)

Savings, term and other deposits¹ (CZK bn)

Average cost of funds decreased to 2.2%, supporting improvement in net interest income

Cost of funds¹ – average (%) Wholesale funding2 (%) Customer deposits (%) Commercial (%) 3.6 1Q 3.3 2Q 2.7 3Q 2.4 4Q 2.2 1Q 4.2 1Q 4.4 2Q 4.1 3Q 4.7 4Q 4.8 1Q 3.6 1Q 3.2 2Q 2.6 3Q 2.3 4Q 2.1 1Q 3.8 1Q 3.5 2Q 2.8 3Q 2.4 4Q 2.3 1Q 2.8 1Q 2.4 2Q 2.0 3Q 1.7 4Q 1.5 1Q 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025

Notes: (1) Excluding opportunistic repo operations and CSA; (2) Wholesale includes Issued bonds, Subordinated liabilities and Due to banks balances and excludes opportunistic repo operations and CSA.

Retail (%)

Content

• Macroeconomic Environment 01
• Operating Platform 02
• Profit and Loss Development 03
• Balance Sheet Development 04
• Risk Metrics & Asset Quality 05
• Liquidity Development 06
• Capital Management 07
• 2025 2029 Market Guidance 08
• Appendix 09

Cost of risk at 22bps in line with expectations; NPL ratio remains stable at a low level

Cost of risk (release in brackets, creation without brackets, YtD)

Non-performing loan ratio

Loan loss provision coverage

Total non-performing loan coverage

Cost of risk in 1Q 2025 stable thanks to good credit performance, and gradual release of management overlays

Cost of risk

(CZK m, release in brackets, creation without brackets, QtD)

	2024				2025
	1Q	2Q	3Q	4Q	1Q
COST OF RISK	135	102	114	35	151
Retail	36	85	167	82	181
Commercial	99	17	(53)	(48)	(30)

• 1Q 2025 cost of risk at CZK 151 million or 22bps (1Q 2024: CZK 135 million or 20bps); a gain on NPL disposals at CZK 27 million (1Q 2024: CZK 29 million).1

Annualised cost of risk

(%, release in brackets, creation without brackets, QtD)

Gradual reduction of the management overlays driven by solid core performance

Gross loan portfolio (CZK m)

gross loan portfolio balance in Stage 3 and non-performing gross loan portfolio balance in Stage POCI.

Loan loss provisions (CZK m)

37

NPL balance remained stable thanks to NPL disposals, repayments and stable NPL formation

NPL balance and net formation (CZK m)

Note: NPL balance excluding loan loss provision. (1) Includes also repayment and classification upgrades of loans where the concessions were provided; (2) Write-off includes the unrecovered part of sold receivables. The recovered part obtained within the debt sale is included in Cured.

Delinquency rates remained low and stable, supported by solid core performance and an efficient collection strategy

Share of past due exposures on total gross portfolio balance (%)

Note: 30+ delinquency represents due exposures in the range between 30 and 60 days past due, 60+ delinquency represents due exposures in the range between 60 and 90 days past due, 90+ delinquency represents due exposures more than 90 days past due.

Content

• Macroeconomic Environment 01
• Operating Platform 02
• Profit and Loss Development 03
• Balance Sheet Development 04
• Risk Metrics & Asset Quality 05
• Liquidity Development 06
• Capital Management 07
• 2025 2029 Market Guidance 08
• Appendix 09

Liquidity related ratios remained solid and strong

Loan to deposit ratio

Liquidity coverage ratio

Share of high-quality liquid assets on customer deposits

Net stable funding ratio

High-quality liquid assets constitute 36% of the balance sheet, decline in 1Q 2025 impacted by doubled mandatory reserves

High-quality liquid assets (CZK bn)

Content

Macroeconomic Environment 01

Operating Platform 02

• Profit and Loss Development 03
• Balance Sheet Development 04
• Risk Metrics & Asset Quality 05
• Liquidity Development 06
• Capital Management 07
• 2025 2029 Market Guidance 08
• Appendix 09

RWA declined by 5.5% mainly due to positive impact from CRR3 implementation, excess capital increased by CZK 0.8 billion

(4) Excess capital over Tier 1 management capital target of 12.23% as at 31 December 2024 and 12.50% as at 31 March 2025.

44

On a consolidated level, RWA density decreased by 2.3pp due to the implementation of CRR3, excess capital increased to CZK 6.4bn

limitations; (3) Including changes based on Article 473a of Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and amending Regulation (EU) No. 648/2012, change of T2 capital, changes in intangibles and other; (4) 90% of 1Q 2025 net profit.

On an individual basis, we maintained a strong MREL ratio, more than 6 percentage points above our target

Content

• Macroeconomic Environment 01
• Operating Platform 02
• Profit and Loss Development 03
• Balance Sheet Development 04
• Risk Metrics & Asset Quality 05
• Liquidity Development 06
• Capital Management 07
• 2025 – 2029 Market Guidance 08
• Appendix 09

In the next five years, we seek to deliver a minimum cumulative net profit of CZK 33.3 billion or CZK 65.1 per share

Metrics	2025	2026	2027	2028	2029	CAGR 2025-2029
Total operating income (CZK bn)	13.6	14.6	15.1	15.8	16.5	5.0%
Total operating expenses (CZK bn)	(5.9)	(6.1)	(6.2)	(6.4)	(6.6)	2.8%
Operating profit (CZK bn)	7.7	8.5	8.9	9.4	9.9	6.5%
Cost of risk (bps)	(15-35)	(25-45)	(25-45)	(25-45)	(25-45)	-
Effective tax rate1	15.5%	15.5%	15.5%	15.5%	15.5%	-
NET PROFIT (CZK bn)	6.0	6.3	6.6	7.0	7.4	5.4%
Earnings per share (CZK)	11.7	12.3	12.9	13.7	14.5	5.4%
Dividend per share (CZK)	10.6	11.1	11.6	12.3	13.0	5.4%
Return on Tangible Equity	20%	20%	21%	21%	22%	-

Note: Please see pages 49, 50 and 75 of this presentation for limitations of forward-looking statements and their assumptions. (1) Assuming no changes in the current tax regulation.

Macroeconomic assumptions for medium-term guidance

	2025	2026	2027	2028	2029
GDP growth	2.4%	2.4%	2.4%	2.5%	2.5%
Unemployment	2.9%	3.0%	2.9%	2.8%	2.7%
Inflation	2.6%	2.2%	2.0%	2.0%	2.0%
2W repo rate (annual average)	3.3%	3.0%	3.0%	3.0%	3.0%
1M Pribor (annual average)	3.3%	3.1%	3.1%	3.1%	3.1%
CZK/EUR	25.4	25.5	25.4	25.4	25.4

Note: Please see also pages 50 and 75 for limitations of forward-looking statements and their assumptions. Source 2025-2026: GDP, unemployment and inflation rates based on the CNB forecast issued in autumn 2024; 2W repo rate and 1M Pribor based on internal assumptions. 2027 – 2029: all data based on internal assumptions.

Projected loans and deposits growth

	2024	2025	2026	2027	2028	2029	CAGR 2024-2029
Gross performing loans development	275.9	288.3	298.6	314.8	334.8	354.7	5.2%
Retail	183.1	188.6	193.0	201.4	213.8	226.7	4.4%
Commercial	92.8	99.8	105.7	113.4	121.0	128.0	6.6%
Customer deposits development	429.8	435.0	445.9	458.0	474.1	490.8	2.7%
Retail	324.0	331.2	340.5	351.0	365.4	380.4	3.3%
Commercial	105.8	103.8	105.4	107.0	108.6	110.3	0.8%

Note: Please see also pages 49 and 75 for limitations of forward-looking statements and their assumptions.

Content

• Macroeconomic Environment 01
• Operating Platform 02
• Profit and Loss Development 03
• Balance Sheet Development 04
• Risk Metrics & Asset Quality 05
• Liquidity Development 06
• Capital Management 07
• 2025 2029 Market Guidance 08
• Appendix 09

Appendix

• Events with Investors •
• Capital Requirements •
• Net Profit Evolution 2020 2029 •
• Distributed Dividends and Total Shareholder Return •
• Deposit and Lending Market •
• Financial Statements & Key Performance Ratios •
• Glossary of Terms •

Calendar for 1H 2025

European Financials Conference, Berlin 10 - 12 June 2025

24 July 2025

Appendix

• Events with Investors •
• Capital Requirements •
• Net Profit Evolution 2020 2029 •
• Distributed Dividends and Total Shareholder Return •
• Deposit and Lending Market •
• Financial Statements & Key Performance Ratios •
• Glossary of Terms •

2025 capital requirement on a consolidated basis increased by 20bps and on an individual basis by 40bps against December 2024

Capital requirement on a consolidated basis Capital requirement on an individual basis

	01/01 2024	01/04 2024	01/07 2024	31/12 2024	28/02 2025		01/01 2024	01/04 2024	01/07 2024	31/12 2024	28/02 2025
Pillar I – CRR requirement	8.0%	8.0%	8.0%	8.0%	8.0%	MREL – loss absorption amount	10.6%	10.3%	10.3%	10.3%	10.0%
SREP requirement1 Pillar II –	2.3%	2.3%	2.3%	2.3%	2.0%	MREL - recapitalisation amount	6.6%	6.9%	6.9%	6.9%	7.1%
CRR capital conservation buffer	2.5%	2.5%	2.5%	2.5%	2.5%	CRR capital conservation buffer	2.5%	2.5%	2.5%	2.5%	2.5%
CRR countercyclical buffer	2.0%	1.75%	1.25%	1.25%	1.25%	CRR countercyclical buffer	2.0%	1.75%	1.25%	1.25%	1.25%
Systemic risk buffer	-	-	-	-	0.5%	Systemic risk buffer	-	-	-	-	0.5%
Total requirement	14.8%	14.55%	14.05%	14.05%	14.25%	Total requirement	21.7%	21.45%	20.95%	20.95%	21.35%
Management capital buffer	1.0%	1.0%	1.0%	1.0%	1.0%	Management capital buffer	1.0%	1.0%	1.0%	1.0%	1.0%
MANAGEMENT TARGET	15.8%	15.55%	15.05%	15.05%	15.25%	MANAGEMENT TARGET	22.7%	22.45%	21.95%	21.95%	22.35%

Note: The CNB usually re-assesses the above SREP capital requirements annually. The CNB may also launch an ad-hoc extraordinary SREP process, for example, in case of a change of the Bank's consolidated unit. (1) Although the Pillar II capital requirement was set only on a consolidated basis, its value is used with a delay in setting the MREL requirement on an individual basis.

Appendix

• Events with Investors •
• Capital Requirements •
• Net Profit Evolution 2020 2029 •
• Distributed Dividends and Total Shareholder Return •
• Deposit and Lending Market •
• Financial Statements & Key Performance Ratios •
• Glossary of Terms •

A cumulative net profit of CZK 33.3 billion in the next five years is 46% higher compared to the past five years

see pages 49, 50 and 75 of this presentation for limitations of forward-looking statements and their assumptions.(1) 2020 – 2024 represents final data, 2025 – 2029 represents guidance.

Appendix

• Events with Investors
• Capital Requirements
• Net Profit Evolution 2020 2029
• Distributed Dividends and Total Shareholder Return
• Deposit and Lending Market
• Financial Statements & Key Performance Ratios
• Glossary of Terms

Between 2016 and 2024, we generated a cumulative net profit of CZK 39 billion with a pay-out ratio at 88%

Net profit and dividend distribution (CZK m)

Note: Dividend policy remains valid as long as MONETA operates at a capital adequacy ratio at a minimum of 100bps above the regulatory capital requirement and is subject to a variety of other factors and conditions. (1) In March 2020, the CNB instructed the banking sector to suspend their dividend policies. This recommendation stayed in place until 30 September 2021; (2) CZK 3.30 per share represents the interim dividend distributed on 17 December 2019; (3) Share price as at 25 November 2024 – the record date for the dividend; (4) Calculated as the ratio of cumulative dividend for the years 2016-2024 and an average share price during the same period.

MONETA delivered a total shareholder return of 75%, above European banks' average

Total shareholders return1 as at 31 March 2025 (%)

Source: Company information, Bloomberg as at 31 March 2025; Note: (1) Calculated as the sum of share price performance as at 31 March 2025 vs 31 December 2023 and reinvested dividends paid in 2024; (2) EuroStoxx incl. 42 banks from the SX7P STOXX Europe 600 Banks Index.

Appendix

• Events with Investors •
• Capital Requirements •
• Net Profit Evolution 2020 2029 •
• Distributed Dividends and Total Shareholder Return •
• Deposit and Lending Market •
• Financial Statements & Key Performance Ratios •
• Glossary of Terms •

Deposit market (CZK bn)

MONETA exceeded the deposit market growth where the commercial segment was the main driver

Commercial deposits (CZK bn)

Note: Source: Market: Czech National Bank ARAD; Deposits include building savings deposits and further deposits of residents only, i.e. excluding non-residents, MONETA: Deposits include residents and non-residents including building savings deposits, excluding CSA and repo operations.

Lending market – Gross loans (CZK bn)

Overall, our lending growth was almost in line with the market and outperformed in the commercial segment

Retail gross loans (CZK bn)

Commercial gross loans (CZK bn)

Source: Market: Czech National Bank ARAD; Market gross loans include building savings loans and further residents' loans only, i.e. excluding non-residents; MONETA: gross loans include residents and non-residents including building savings loans, principal, interests and fees.

Appendix

• Events with Investors •
• Capital Requirements •
• Net Profit Evolution 2020 2029 •
• Distributed Dividends and Total Shareholder Return •
• Deposit and Lending Market •
• Financial Statements & Key Performance Ratios •
• Glossary of Terms •

Consolidated statement of financial position

CZK m	31/03/2025	31/12/20241	31/03/2024	YtD % Change	YoY % Change
Cash and cash balances at the central bank	18,019	13,541	12,226	33.1%	47.4%
Derivative financial instruments with positive fair values	491	596	560	(17.6)%	(12.3)%
Investment securities	123,081	116,664	103,215	5.5%	19.2%
Hedging derivatives with positive fair values	2,096	2,314	2,681	(9.4)%	(21.8)%
Change in fair value of items hedged on portfolio basis	366	200	244	83.0%	50.0%
Loans and receivables to banks	71,670	79,206	75,327	(9.5)%	(4.9)%
Loans and receivables to customers	277,742	275,383	266,731	0.9%	4.1%
Intangible assets	3,341	3,365	3,323	(0.7)%	0.5%
Property and equipment	2,426	2,260	2,392	7.3%	1.4%
Investments in associates	4	3	3	33.3%	33.3%
Current tax assets	15	70	66	(78.6)%	(77.3)%
Deferred tax assets	0	0	8	n/a	(100.0)%
Other assets	1,484	1,380	1,250	7.5%	18.7%
TOTAL ASSETS	500,735	494,982	468,026	1.2%	7.0%
Due to banks	4,275	3,834	6,441	11.5%	(33.6)%
Due to customers	433,023	430,021	405,920	0.7%	6.7%
Derivative financial instruments with negative fair values	458	532	516	(13.9)%	(11.2)%
Hedging derivatives with negative fair values	4,825	4,259	4,497	13.3%	7.3%
Change in fair value of items hedged on portfolio basis	87	78	81	11.5%	7.4%
Issued bonds	11,559	11,562	3,856	(0.0)%	199.8%
Subordinated liabilities	7,529	7,622	7,548	(1.2)%	(0.3)%
Provisions	275	263	263	4.6%	4.6%
Current tax liabilities	76	47	79	61.7%	(3.8)%
Deferred tax liabilities	419	469	357	(10.7)%	17.4%
Other liabilities	4,864	4,416	4,979	10.1%	(2.3)%
Total Liabilities	467,390	463,103	434,537	0.9%	7.6%
Share capital	10,220	10,220	10,220	0.0%	0.0%
Statutory reserve	102	102	102	0.0%	0.0%
Other reserves	1	1	1	0.0%	0.0%
Retained earnings	23,022	21,556	23,166	6.8%	(0.6)%
Total Equity	33,345	31,879	33,489	4.6%	(0.4)%
TOTAL LIABILITIES & EQUITY	500,735	494,982	468,026	1.2%	7.0%

Consolidated statement of financial position – quarterly development

CZK m	31/03/2023	30/06/2023	30/09/2023	31/12/20231	31/03/2024	30/06/2024	30/09/2024	31/12/20241	31/03/2025
Cash and cash balances at the central bank	7,441	10,303	13,365	10,871	12,226	9,468	11,816	13,541	18,019
Derivative financial instruments with positive fair values	726	652	690	544	560	575	504	596	491
Investment securities	80,195	80,483	88,056	104,353	103,215	101,967	106,040	116,664	123,081
Hedging derivatives with positive fair values	4,345	3,731	3,991	2,701	2,681	2,669	2,011	2,314	2,096
Change in fair value of items hedged on portfolio basis	(1,597)	(1,147)	(989)	122	244	74	864	200	366
Loans and receivables to banks	40,638	55,109	68,120	69,632	75,327	90,581	89,755	79,206	71,670
Loans and receivables to customers	266,012	268,027	268,987	263,064	266,731	271,010	270,364	275,383	277,742
Intangible assets	3,324	3,280	3,252	3,332	3,323	3,285	3,287	3,365	3,341
Property and equipment	2,360	2,361	2,443	2,400	2,392	2,315	2,236	2,260	2,426
Investments in associates	4	4	2	3	3	4	2	3	4
Current tax assets	8	23	33	76	66	184	92	70	15
Deferred tax assets	0	0	0	0	8	8	7	0	0
Other assets	1,129	1,003	1,113	1,086	1,250	1,123	1,241	1,380	1,484
TOTAL ASSETS	404,585	423,829	449,063	458,184	468,026	483,263	488,219	494,982	500,735
Due to banks	5,439	7,707	7,379	5,423	6,441	6,427	3,740	3,834	4,275
Due to customers	350,329	368,177	393,012	399,497	405,920	426,073	421,621	430,021	433,023
Derivative financial instruments with negative fair values	719	631	674	523	516	528	467	532	458
Hedging derivatives with negative fair values	935	1,545	1,502	4,548	4,497	3,691	5,964	4,259	4,825
Change in fair value of items hedged on portfolio basis	(287)	(169)	(113)	63	81	66	135	78	87
Issued bonds	5,479	4,909	3,740	3,808	3,856	3,874	11,545	11,562	11,559
Subordinated liabilities	4,630	7,501	7,561	7,604	7,548	7,591	7,568	7,622	7,529
Provisions	250	238	308	266	263	260	266	263	275
Current tax liabilities	515	163	146	54	79	48	63	47	76
Deferred tax liabilities	476	408	418	462	357	394	418	469	419
Other liabilities	3,794	3,238	3,461	3,733	4,979	4,003	4,592	4,416	4,864
Total Liabilities	372,279	394,348	418,088	425,981	434,537	452,955	456,379	463,103	467,390
Share capital	10,220	10,220	10,220	10,220	10,220	10,220	10,220	10,220	10,220
Statutory reserve	102	102	102	102	102	102	102	102	102
Other reserves	1	1	1	1	1	1	1	1	1
Retained earnings	21,983	19,158	20,652	21,880	23,166	19,985	21,517	21,556	23,022
Total Equity	32,306	29,481	30,975	32,203	33,489	30,308	31,840	31,879	33,345
TOTAL LIABILITIES & EQUITY	404,585	423,829	449,063	458,184	468,026	483,263	488,219	494,982	500,735

Consolidated statement of profit or loss and other comprehensive income

CZK m	1Q 2025	1Q 2024	% Change
Interest and similar income	4,911	5,964	(17.7%)
Interest expense and similar charges	(2,574)	(3,889)	(33.8%)
Net interest income	2,337	2,075	12.6%
Fee and commission income	959	881	8.9%
Fee and commission expense	(111)	(141)	(21.3%)
Net fee and commission income	848	740	14.6%
Dividend income	0	0	n/a
Net income from financial operations	168	285	(41.1%)
Other operating income	25	17	47.1%
Total operating income	3,378	3,117	8.4%
Personnel expenses	(609)	(620)	(1.8%)
Administrative expenses	(380)	(330)	15.2%
Depreciation and amortisation	(293)	(301)	(2.7%)
Regulatory charges	(195)	(228)	(14.5%)
Other operating expenses	(21)	(7)	200.0%
Total operating expenses	(1,498)	(1,486)	0.8%
Profit for the period before tax and net impairment of financial assets	1,880	1,631	15.3%
Net impairment of financial assets	(151)	(135)	11.9%
Profit for the period before tax	1,729	1,496	15.6%
Taxes on income	(263)	(210)	25.2%
Profit for the period after tax	1,466	1,286	14.0%
Total comprehensive income attributable to the equity holders	1,466	1,286	14.0%

Consolidated statement of profit or loss and other comprehensive income - quarterly development

CZK m	1Q 2023	2Q 2023	3Q 2023	4Q 2023	1Q 2024	2Q 2024	3Q 2024	4Q 2024	1Q 2025
Interest and similar income	4,855	5,374	5,769	6,048	5,964	5,751	5,345	5,147	4,911
Interest expense and similar charges	(2,824)	(3,207)	(3,571)	(3,867)	(3,889)	(3,641)	(3,040)	(2,718)	(2,574)
Net interest income	2,031	2,167	2,198	2,181	2,075	2,110	2,305	2,429	2,337
Fee and commission income	760	799	836	822	881	917	919	1,008	959
Fee and commission expense	(144)	(136)	(154)	(159)	(141)	(165)	(165)	(194)	(111)
Net fee and commission income	616	663	682	663	740	752	754	814	848
Dividend income	1	0	1	1	0	0	0	0	0
Net income from financial operations	183	188	278	240	285	229	164	182	168
Other operating income	13	10	21	10	17	14	22	19	25
Total operating income	2,844	3,028	3,180	3,095	3,117	3,105	3,245	3,444	3,378
Personnel expenses	(578)	(595)	(593)	(738)	(620)	(625)	(632)	(787)	(609)
Administrative expenses	(365)	(415)	(367)	(486)	(330)	(405)	(380)	(437)	(380)
Depreciation and amortisation	(323)	(312)	(304)	(294)	(301)	(303)	(307)	(314)	(293)
Regulatory charges	(267)	(40)	0	0	(228)	12	0	0	(195)
Other operating expenses	(12)	(10)	(12)	(19)	(7)	(32)	(11)	(15)	(21)
Total operating expenses	(1,545)	(1,372)	(1,276)	(1,537)	(1,486)	(1,353)	(1,330)	(1,553)	(1,498)
Profit for the period before tax and net impairment of financial assets	1,299	1,656	1,904	1,558	1,631	1,752	1,915	1,891	1,880
Net impairment of financial assets	116	(146)	(142)	(133)	(135)	(102)	(114)	(35)	(151)
Profit for the period before tax	1,415	1,510	1,762	1,425	1,496	1,650	1,801	1,856	1,729
Taxes on income	(200)	(247)	(268)	(197)	(210)	(232)	(269)	(284)	(263)
Profit for the period after tax	1,215	1,263	1,494	1,228	1,286	1,418	1,532	1,572	1,466
Total comprehensive income attributable to the equity holders	1,215	1,263	1,494	1,228	1,286	1,418	1,532	1,572	1,466

Key performance ratios

Profitability	1Q 2025	FY 2024	1Q 2024	YtD Change in pp	YoY Change in pp
Yield (% avg net customer loans)	4.8%	4.9%	4.9%	(0.1)	(0.1)
1 Cost of funds (% avg deposits and received loans)	2.24%	2.99%	3.60%	(0.75)	(1.36)
Cost of funds on customer deposits (% avg deposits)	2.11%	2.93%	3.58%	(0.82)	(1.47)
2,3,4 NIM (% avg int earning assets)	1.9%	1.9%	1.8%	0.0	0.1
Cost of risk (% avg net customer loans)	0.22%	0.14%	0.20%	0.08	0.02
Risk-adj. yield (% avg net customer loans)	4.6%	4.8%	4.7%	(0.2)	(0.1)
Net fee & commission income / Operating income (%)	25.1%	23.7%	23.7%	1.4	1.4
Net non-interest income / Operating income (%)	30.8%	30.9%	33.4%	(0.1)	(2.6)
Cost to income ratio	44.3%	44.3%	47.7%	0.0	(3.4)
RoTE	19.5%	20.4%	17.1%	(0.9)	2.4
RoE	17.6%	18.2%	15.4%	(0.6)	2.2
RoAA2	1.2%	1.2%	1.1%	0.0	0.1
Liquidity / Leverage
Loan to deposit ratio	64.2%	64.1%	65.8%	0.1	(1.6)
Total equity / Total assets	6.7%	6.4%	7.2%	0.3	(0.5)
High-quality liquid assets / Customer deposits	41.9%	43.5%	40.5%	(1.6)	1.4
Liquidity coverage ratio	366.6%	357.2%	359.5%	9.4	7.1
Capital Adequacy
RWA density	32.7%	35.0%	36.3%	(2.3)	(3.6)
Total CAR (%)	19.1%	18.2%	19.6%	0.9	(0.5)
Tier 1 ratio (%)	15.3%	14.5%	15.4%	0.8	(0.1)
Asset Quality
Non-performing loan ratio (%)	1.3%	1.3%	1.4%	0.0	(0.1)
Core non-performing loan coverage (%)	39.7%	39.5%	46.6%	0.2	(6.9)
Total NPL coverage (%)	111.1%	113.6%	118.5%	(2.5)	(7.4)
Loan to value ratio (%)5	53.3%	53.4%	57.8%	(0.1)	(4.5)
Loan to value ratio on new volumes (%, weighted average)	53.5%	56.9%	59.5%	(3.4)	(6.0)
Operating platform
Branch network	124	124	134	0.0%	(7.5)%
ATMs6 Own & shared	1,936	1,966	1,976	(1.5)%	(2.0)%
Total employees7	2,453	2,516	2,508	(2.5)%	(2.2)%

Note: (1) Deposits include issued bonds and exclude opportunistic repo transactions and CSA; (2) Including opportunistic repo operations; (3) Interest earning assets include encumbered assets; (4) Hedging derivatives are excluded from the calculation of interest earning assets; (5) On performing retail mortgage loans only; (6) ATM network including MONETA ATMs, Komerční banka ATMs, Air Bank ATMs and UniCredit Bank ATMs; (7) Average FTEs in the reported period, excluding members of the Supervisory Board and the Audit Committee.

Key performance ratios – quarterly development

Profitability	1Q 2023	2Q 2023	3Q 2023	4Q 2023	1Q 2024	2Q 2024	3Q 2024	4Q 2024	1Q 2025
Yield (% Avg Net Customer Loans)	4.4%	4.6%	4.7%	4.9%	4.9%	4.9%	4.9%	4.9%	4.8%
1 Cost of Funds (% Avg Deposits and Received Loans)	2.94%	3.21%	3.42%	3.58%	3.60%	3.29%	2.70%	2.37%	2.24%
Cost of Funds on Customer Deposits (% Avg Deposits)	2.91%	3.19%	3.39%	3.55%	3.58%	3.24%	2.63%	2.25%	2.11%
2,3,4 NIM (% Avg Int Earning Assets)	2.1%	2.1%	2.1%	2.0%	1.8%	1.8%	1.9%	2.0%	1.9%
Cost of Risk (% Avg Net Customer Loans)	(0.17)%	0.22%	0.21%	0.20%	0.20%	0.15%	0.17%	0.05%	0.22%
Risk-adj. Yield (% Avg Net Customer Loans)	4.6%	4.4%	4.5%	4.7%	4.7%	4.8%	4.7%	4.8%	4.6%
Net Fee & Commission Income / Operating Income (%)	21.7%	21.9%	21.4%	21.4%	23.7%	24.2%	23.2%	23.6%	25.1%
Net Non-Interest Income / Operating Income (%)	28.6%	28.4%	30.9%	29.5%	33.4%	32.0%	29.0%	29.5%	30.8%
Cost to Income Ratio	54.3%	45.3%	40.1%	49.7%	47.7%	43.6%	41.0%	45.1%	44.3%
RoTE	16.8%	19.3%	21.6%	17.0%	17.1%	21.0%	21.5%	22.1%	19.5%
RoE	15.0%	17.1%	19.3%	15.3%	15.4%	18.7%	19.2%	19.7%	17.6%
RoAA2	1.2%	1.2%	1.4%	1.1%	1.1%	1.2%	1.3%	1.3%	1.2%
Liquidity / Leverage
Loan to Deposit ratio	76.0%	72.9%	68.5%	65.9%	65.8%	63.6%	64.2%	64.1%	64.2%
Total Equity / Total Assets	8.0%	7.0%	6.9%	7.0%	7.2%	6.3%	6.5%	6.4%	6.7%
High-Quality Liquid Assets / Customer Deposits	30.8%	32.7%	36.3%	40.0%	40.5%	41.9%	43.5%	43.5%	41.9%
Liquidity Coverage Ratio	273.9%	284.8%	312.1%	354.4%	359.5%	339.5%	340.1%	357.2%	366.6%
Capital Adequacy
RWA density	41.4%	39.9%	37.6%	36.4%	36.3%	35.4%	35.6%	35.0%	32.7%
Total CAR (%)	18.1%	19.7%	19.9%	20.1%	19.6%	19.4%	19.2%	18.2%	19.1%
Tier 1 Ratio (%)	15.4%	15.4%	15.5%	15.7%	15.4%	15.4%	15.3%	14.5%	15.3%
Asset Quality
Non-Performing Loan Ratio (%)	1.3%	1.3%	1.3%	1.4%	1.4%	1.4%	1.4%	1.3%	1.3%
Core Non-Performing Loan Coverage (%)	51.4%	49.7%	48.2%	47.9%	46.6%	47.2%	46.4%	39.5%	39.7%
Total NPL Coverage (%)	137.1%	133.4%	130.8%	121.6%	118.5%	116.1%	112.0%	113.6%	111.1%
Loan to value ratio (%)5	60.1%	59.8%	59.5%	58.8%	57.8%	57.5%	56.1%	53.4%	53.3%
Loan to value ratio on new volumes (%, weighted average)	59.3%	60.0%	57.2%	57.8%	59.5%	60.3%	56.0%	54.1%	53.5%
Operating platform
Branch network	140	140	140	134	134	134	134	124	124
ATMs6 Own & shared	2,047	2,058	2,009	1,971	1,976	1,978	1,981	1,966	1,936
Total employees7	2,605	2,527	2,528	2,533	2,508	2,517	2,516	2,524	2,453

Note: (1) Deposits include issued bonds and exclude opportunistic repo operations and CSA. Data restated in 2Q 2024 and 3Q 2024; (2) Including opportunistic repo operations; (3) Interest earning assets include encumbered assets; (4) Hedging derivatives are excluded from the calculation of interest earning assets; (5) On performing retail mortgage loans only; (6) ATM network including MONETA ATMs, Komerční banka ATMs since 2Q'22, Air Bank ATMs and UniCredit Bank ATMs since 1Q'23; (7) Average FTEs in the reported quarter, excluding members of the Supervisory Board and the Audit Committee.

Appendix

• Events with Investors •
• Capital Requirements •
• Net Profit Evolution 2020 2029 •
• Distributed Dividends and Total Shareholder Return •
• Deposit and Lending Market •
• Financial Statements & Key Performance Ratios •
• Glossary of Terms •

GLOSSARY 1/3

Acquired entities	Means MONETA Stavební Spořitelna, a.s. (formerly Wüstenrot – stavební spořitelna, a.s.) and Wüstenrot hypoteční banka, a.s.
Acquisition	Means the purchase of the Acquired entities
Adjusted cost to income ratio	Ratio (expressed as a percentage) of total operating expenses for the period (where contribution to regulatory charges equally spread into four quarters) to total operating income for the period
Annual premium equivalent	Annual premium equivalent is an equivalent of twelve months written premium on all contracts originated during the period.
Annualised	Adjusted so as to reflect the relevant rate on the full-year basis
ARAD	ARAD is a public database that is part of the information service of the Czech National Bank. It is a uniform system of presenting time series of aggregated data for individual statistics and financial market areas
Auto	MONETA Auto, s.r.o.
Average balance of net interest earning assets	Two-point average of the beginning and ending balances of Net Interest Earning Assets for the period
Average balance of net loans to customers	Average of the beginning and ending balances of Loans and receivables to customers for the period
Average balance of total assets	Two-point average of the beginning and ending balances of Total Assets for the period
Bank	MONETA Money Bank, a.s.
bn	Billions
bps	Basis points
Building savings/Building savings deposits	Saving product, typical for building savings banks. The Bank undertakes clients' deposits determined for housing financing. This act is supported by a financial contribution from the state.
Building saving loans/Bridging loans	Building savings loan provided based on a building savings product. The bridging loan is exclusively in the area of building savings, tied only to housing needs. Bridging loans are used to bridge the period during which the conditions for negotiating a building savings loan are not met.
CAR / Capital Adequacy Ratio	Ratio calculated as regulatory capital as a percentage of risk-weighted assets
CET1 ratio	CET 1 capital as a percentage of RWA (calculated pursuant to CRR)
CNB	Czech National Bank
Cost Base / OPEX	Total operating expenses

Cost of Funds (% Avg Deposits)	Interest expense and similar charges for the period (excl. deposit interest rate swaps and opportunistic repo interest expenses) divided by the average balance of Due to banks, Due to customers and issued bonds and subordinated liabilities, excl. opportunistic repo operations and CSA
Cost of Funds on Customer Deposits (% Avg Deposits)	Interest expense and similar charges on customer deposits for the period divided by the average balance of customer deposits
CoR or cost of risk or cost of risk (% Avg Net Customer Loans)	Net impairment of financial assets divided by the average balance of net loans to customers since 2018 based on IFRS 9. If cost of risk is shown in CZK, then it corresponds to "Net impairment of financial assets"
Cost to income ratio (C/I)	Ratio (expressed as a percentage) of total operating expenses for the period to total operating income for the period
CRR	Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No. 648/2012, as amended
CSA	Credit Support Annex is a legal document which regulates credit support (collateral) for derivative transactions
Customer deposits	Due to customers excluding repo operations, subordinated liabilities and CSA
CZSO	Czech Statistical Office
Drawn limit / Overdraft drawn	Loans and receivables to customer balance
ETR / Effective Tax Rate	Effective Tax Rate – calculated as taxes on income divided by profit for the period before tax
Expected credit loss model	The impairment model that measures credit loss allowances using a three-stage approach based on the extent of credit deterioration of financial assets since origination; Stage 1 – financial assets with no significant increase in credit risk since initial recognition, Stage 2 - financial assets with significant increase in credit risk since initial recognition but not in default, Stage 3 – financial assets in default
FTE	Figure states full time equivalents in the last month of the quarter
FVTOCI	Financial assets measured at Fair Value Through Other Comprehensive Income
FVTPL	Financial assets measured at Fair Value Through Profit or Loss

GLOSSARY 2/3

Funding Base	Sum of Due to customers, Due to Banks, Issued Bonds and subordinated liabilities and excluding opportunistic repo operations and CSA
FY	Financial year
GDP	Gross domestic product
Group	The Bank and its subsidiaries
Gross performing loans	Performing loans and receivables to customers as determined in accordance with MONETA's loan receivables categorisation rules (Standard, Watch)
Gross written premium	Gross written premium is the sum of all monthly premiums collected during the period
IDD	Insurance Distribution Directive
IFRS	International Financial Reporting Standards
Investment securities	Equity and debt securities in the Group´s portfolio, consist of securities measured at amortised cost, fair value through other comprehensive income (FVTOCI) and fair value through profit or loss (FVTPL)
k/ths	Thousands
Leasing	MONETA Leasing, s.r.o.
Liquid Assets	Liquid assets comprise cash and cash balances at the central bank, investment securities (not transferred as collateral in repurchase agreements), loans and receivables to banks
LCR/Liquidity Coverage Ratio	Liquidity Coverage Ratio measures the ratio (expressed as a percentage) of MONETA's buffer of high-quality liquid assets to its projected net liquidity outflows over a 30-day stress period, as calculated in accordance with EU Regulation 2015/61
Loan portfolio	Gross performing loan portfolio
LtD ratio or Loan to Deposit ratio	Loan to deposit ratio calculated as net loans and receivables to customers divided by customer deposits, excluding subordinated liabilities, CSA and repos
M / m	Millions
Management overlay	Increment to the expected credit loss estimate which compensates insufficient sensitivity of the core IFRS 9 model to specific macroeconomic conditions
MONETA	MONETA has the same meaning as the Group
MREL	Minimum Requirement of Own Funds and Eligible Liabilities
MSS	MONETA Stavební Spořitelna, a.s. (formerly Wüstenrot – stavební spořitelna, a.s.)
Net Income/Net Profit	Profit for the period after tax
Net Interest Earning Assets	Cash and cash balances at the central bank, investment securities, loans and receivables to banks, loans and receivables to customers and prior to the transition to IFRS 9 also financial assets at fair value through profit or loss, financial assets available for sale, financial assets held to maturity
Net Interest Margin or NIM	Net interest and similar income divided by the average balance of net interest earning assets

Net Non-Interest Income	Total operating income less net interest and similar income for the period
New volume / New production	Aggregate of loan principal disbursed in the period for non-revolving loans
New volume yield / New production yield	Instalment products: model output of yield expected to be generated on newly originated loans based on inputs combining actual contractual terms and expected behaviour of the loan for the specific type of the loan product. Revolving products (credit cards and working capital): weighted average of contractual rate on newly originated loans (credit limit)
NPL / Non-performing loans	Non-performing loans as determined in accordance with the MONETA´s loan receivables categorisation rules (substandard, doubtful, loss), Stage 3 according to IFRS 9
NPL Ratio	Ratio (expressed as a percentage) of NPL to gross loans and receivables to customers
NPL Coverage / Coverage / Total NPL Coverage	Ratio (expressed as a percentage) of loss allowances for loans and advances to customers to NPL
Operating profit	Operating profit represents profit for the period before tax and Cost of Risk
Opportunistic repo operations	Repo transactions with counterparties which are closed on a back-to-back basis by reverse repo transactions with the CNB
POCI	POCI means purchased or originated financial asset(s) that are credit-impaired on initial recognition and indicates that a financial asset is credit-impaired when one or more events that have a detrimental impact on the estimated future cash flows of that financial asset have occurred
Portfolio yield	Please refer to the definition of yield
pp	Percentage points
Q	Quarter
QtD	Quarter-to-date
QtQ	Quarter-to-quarter
RAOI	All interest and non-interest income generated by each lending product within the segment, minus Cost of Funds allocated to each lending product (by using average Group core Cost of Funds and leverage), minus cost of IR hedging allocated to each lending product and minus credit losses booked on each lending product for the period
Regulatory Capital	Mainly consists of paid-up registered share capital, share premium, retained profits, disclosed reserves and reserves for general banking risks, which must be netted off against accumulated losses, certain deferred tax assets, certain intangible assets and treasury shares held by the Company (calculated pursuant to CRR)
Return on Tangible Equity or RoTE	Return on tangible equity calculated as annualised profit after tax for the period divided by tangible equity

GLOSSARY 3/3

Retail unsecured instalment loans/ Consumer loans/Unsecured consumer loans	Non-purpose, unsecured and revolving loans to retail clients; including building savings and bridging loans
Return on Average Assets or RoAA	Return on average assets calculated as annualised profit after tax for the period divided by the average balance of total assets
Return on Equity or RoE	Return on equity calculated as annualised profit after tax for the period divided by total equity
RWA	Risk-Weighted Assets calculated pursuant to CRR
RWA density	Calculates the weighted average risk weight for the entire banking and trading book (incl. Off-balance & On-balance sheet) plus considering also Operational Risk, Market Risk and Counterparty Credit Risk RWA. It is defined as the Leverage Ratio to the Tier 1 Adequacy Ratio
RWA portfolio density	Calculates the weighted average risk weight of the loan portfolio only (incl. Off-balance & On-balance sheet) considering credit conversion factor effects per unit of exposure (zero credit conversion factors are substituted by 10%). It is defined as the ratio of RWA to the Net Financing Receivables, i.e. utilising Specific Credit Risk Adjustments
Small Business clients	Clients or enterprises with an annual turnover of up to CZK 60 million
Small Business loan portfolio	Loans and receivables of unsecured instalment loans, commercial credit cards and unsecured overdrafts provided to an enterprise with an annual turnover of up to CZK 60 million
Small Business (new) production	New volume of unsecured instalment loans and receivables to Small Business customers
SME / SME clients	Clients or enterprises who have their product on an identification number with an annual turnover above CZK 60 million
SREP	Supervisory Review and Evaluation Process, when the supervisor regularly assesses and measures the risks for each bank

Stage 1, Stage 2, Stage 3	Stage 1 – financial assets with no significant increase in credit risk since initial recognition, Stage 2 - financial assets with significant increase in credit risk since initial recognition but not in default, Stage 3 – financial assets in default
Supplementary housing loans	MSS portfolio – retail bridging loans and building savings loans.
Tangible Equity	Calculated as total equity less intangible assets and goodwill
Tier 1 Capital	The aggregate of Common equity tier 1 (CET1 Capital) and Additional Tier 1 which mainly consists of capital instruments and other items (including certain unsecured subordinated debt instruments without a maturity date) provided in Art. 51 of CRR
Tier 1 Capital Ratio	Tier 1 Capital as a percentage of risk-weighted assets
Tier 2 Capital, T2	Regulatory Capital which consists of capital instruments, subordinated loans and other items (including certain unsecured subordinated debt obligations with payment restrictions) provided in Art. 62 of CRR
Total Capital Ratio	Tier 1 Capital and Tier 2 Capital as a percentage of risk-weighted assets
Total NPL Coverage	Ratio (expressed as a percentage) of individual and portfolio provisions for loans and receivables to total non-performing loans and receivables
Total Shareholder Return/TSR	Total Shareholder Return based on the Bloomberg methodology including reinvested dividend
Wealth management	Distributed wealth management products
Y	Year
Yield (% Avg. Net Customer Loans)	Interest and similar income from loans to customers divided by the average balance of net loans to customers
YoY	Year-on-year
YtD	Year to date

Disclaimer and other information

• THIS PRESENTATION IS NOT AN OFFER OR A SOLICITATION OF OFFERS TO SELL, PURCHASE OR SUBSCRIBE FOR SHARES OF MONETA MONEY BANK, A.S. (THE "COMPANY"), OTHER SECURITIES OR OTHER FINANCIAL INSTRUMENTS.
• Copies of this presentation may not be sent to countries, or distributed in or sent from countries, in which this is barred or prohibited by law. Persons into whose possession this presentation comes should inform themselves about and observe all such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of any such jurisdiction. This document does not constitute a recommendation regarding any securities.
• The Company is under no obligation to update or keep current the information contained in this presentation, to correct any inaccuracies which may become apparent, or to publicly announce the result of any revision to the statements made herein, except to the extent it would be required to do so under applicable law or regulation.
• Certain industry and market information in this presentation has been obtained by the Company from third-party sources. The Company has not independently verified such information and neither the Company nor any of its representatives provide any assurance as to and shall not be liable in any respect whatsoever (whether in negligence or otherwise) for the correctness, accuracy, fairness or completeness of such information or opinions contained in this presentation.
• The Company was rated A2 with a stable outlook by Moody's Deutschland GmbH ("Moody's"). Moody's was established in the European Union and is registered under Regulation (EC) No. 1060/2009, as amended (the "CRA Regulation"). As such, Moody's is included in the list of credit rating agencies published by the European Securities and Markets Authority on its website (https://www.esma.europa.eu/supervision/credit-rating-agencies/risk) in accordance with the CRA Regulation. When selecting the rating agency, the Company proceeded in accordance with the obligations laid down in Article 8d of the CRA Regulation.
• Figures in charts and tables may not add up due to rounding differences.

Forward-looking statements

• This presentation and subsequent discussion may contain projections, estimates, forecasts, targets, opinions, prospects, results, returns and forward-looking statements with respect to the management's medium-term guidance, profitability, costs, assets, capital position, financial condition, results of operations, dividend and business of the Group (together, "forward-looking statements"). The forward-looking statements assume purely organic growth without regard to any potential acquisition.
• Any forward-looking statements involve material assumptions and subjective judgements which may or may not prove to be correct and there can be no assurance that any of the matters set out in forward-looking statements will actually occur or will be realised or that such matters are complete or accurate. The assumptions may prove to be incorrect and involve known and unknown risks, uncertainties, contingencies and other important factors, many of which are outside the control of the Group. Actual achievements, results, performance or other future events or conditions may differ materially from those stated, implied and/or reflected in any forward-looking statements due to a variety of risks, uncertainties and other factors. Any forward-looking statement contained in this presentation is made as of the date of this presentation. MONETA Money Bank, a.s. does not assume, and hereby disclaims, any obligation or duty to update forward-looking statements if circumstances or management's assumptions, beliefs, expectations or opinions should change, unless it would be required to do so under applicable law or regulation. For these reasons, recipients should not place reliance on, and are cautioned about relying on, any forward-looking statements.

Material assumptions for forward-looking statements

• See slide "Material assumptions for medium-term guidance" on pages 49 and 50.

Contacts

Linda Kavanová Jarmila Valentová Dana Laštovková

MONETA Money Bank, a.s. BB Centrum, Vyskočilova 1442/1b 140 28 Praha 4 – Michle Tel: +420 224 442 549 investors@moneta.cz www.moneta.cz Identification number: 25672720

Bloomberg: MONET CP ISIN: CZ0008040318

Reuters: MONET.PR SEDOL: BD3CQ16