Moneta Money Bank A.S.

Investor Presentation • Oct 26, 2023

3Q 2023 Results

Published on 26 October 2023 at 07:00 CET According to IFRS, Consolidated, Unaudited

MANDATORY DISCLOSURE / PUBLIC DISCLOSURE OF MANDATORY INFORMATION

3Q'23 vs 2Q'23 HIGHLIGHTS

(in CZK)

• Operating income of CZK 3.18 billion (up by 5%) supported by continued growth in both net interest income and fee and commission income.
• Operating expenses of CZK 1.28 billion,

decreased by 7% due to continued cost discipline and additional regulatory charge paid in 2Q 2023.

• Cost of risk of CZK 142 million, stable quarter-on-quarter thanks to continued good portfolio performance.

Net interest income	Net fee & commission income	Other income
2.20	0.68	0.30
bn	bn	bn
+1.4%	+2.9%	+51.5%
Operating	Cost	Net
expenses	of risk	profit
(1.28)	(0.14)	1.49
bn	bn	bn
(7.0)%	(2.7)%	+18.3%

YTD 3Q'23 vs 3Q'22 HIGHLIGHTS

(in CZK)

• Operating income stable (down 0.7%) thanks to increasing NII during 2023, strong growth in net fees and commission income and solid performance in other income.
• Operating expenses flat (up 1.0%) despite higher regulatory contributions, increased by CZK 78 million, and inflationary pressure.
• Net profit of CZK 4 billion (down 3.7%) above operating plan due to better-than-expected performance on operating income, cost of risk and lower effective tax rate.

Operating income	Operating expenses	Operating profit 4.9 bn (2.1)%
9.1 bn stable	(4.2) bn stable
Cost of	Income	Net
risk	tax	profit
(0.17)	(0.7)	4.0
bn	bn	bn
net creation	(25.8)%	(3.7)%

YTD 3Q'23 vs 3Q'22 HIGHLIGHTS

(in CZK)

• Deposit base up by 23%, representing an additional CZK 73 billion year-on-year and more than doubled market growth.1
• Strong liquidity position demonstrated by 312% LCR and 157% NSFR, accompanied by the lowest loan to deposit ratio at 69%, highquality liquid assets reached CZK 143 billion and doubled year-on-year.
• Stable loan portfolio reflecting persistent low demand for loans, predominantly on the mortgage market.

Deposit base2	High-quality liquid assets	Liquidity coverage ratio
393	143	312
bn	bn	%
+22.7%	+101.4%	+114pp
Loan	Loan to	Investment
portfolio3	deposit ratio	securities
270	69	88
bn	%	bn
stable	(15.5)pp	+63.6%

Note: Percentage or percentage points represent year-on-year change. (1) MONETA's growth was more than 13% above the retail market growth rate and more than 2% above the commercial market growth rate as of 31 August 2023; (2) Core customer deposits; (3) Gross performing loan portfolio.

OPERATING PLATFORM

• Branch network reduction by 14

units accompanied by 9.5% lower employment contributed to stable costs yearon-year.

• Shared network of 2,009 ATMs1 with MONETA's contribution of 566 ATMs.
• Employment base 2,533 FTEs, reduced by 9.5% during the last 12 months, enabling containment of inflationary pressure on wages.

Branch network	Own & ATMs1 shared	Total employees2
140	2,009	2,533
(9.1)%	+42.0%	(9.5)%
Total	Internet	Mobile
clients	banking users	banking users3
1.6	1.4	1.0
m	m	m
+3.0%	+13.1%	+43.4%

Note: Percentage represents year-on-year change. (1) ATM network including 566 MONETA ATMs, 817 Komercni banka ATMs, 368 Air Bank ATMs and 258 UniCredit Bank ATMs as of 30 September 2023; (2) FTEs in September 2023, excluding members of the Supervisory Board and the Audit Committee; (3) Smart Banka application.

CONTENT

Macroeconomic Environment

• Digital and Physical Distribution Update
• Profit and Loss Development
• Balance Sheet Development
• Risk Metrics & Asset Quality
• Liquidity and Interest Rate Management
• Capital Management
• 2023 2027 Market Guidance
• Appendix

For 2023, the economy is expected to stagnate, unemployment remains low, the state budget deficit projected at CZK 295 billion

Note: (1) Source: Nominal GDP at fixed prices of 2015 based on the Ministry of Finance (www.mfcr.cz); 2Q 2023 estimate, 2023 forecast; GDP at current prices – 1Q 2022: CZK 1,637bn, 2Q 2022: CZK 1,675bn, 3Q 2022: CZK 1,729bn, 4Q 2022: CZK 1,743bn, 1Q 2023: CZK 1,815bn, 2Q 2023: CZK 1,836bn; GDP Y/Y % change: 1Q 2022 – 2Q 2023 actuals based on the CZSO seasonally adjusted; (2) GDP at current prices, source: Czech Republic data source: www.mfcr.cz, Euro area data: www.ec.europa.eu/eurostat; (3) ILO methodology, 2023F based on the CNB forecast issued in summer 2023; (4) Source: www.mfcr.cz. 7

Inflation in September decreased to 6.9%; the 2W repo rate remains stable; the probability of interest rate cut is increasing

Contribution to inflation1 by item

	FY 2022 % contribution	Sep 2023 % contribution	Sep 2023 Y/Y price change %
Food and beverages	5.0	1.7	6.3
Clothing and footwear	0.7	0.4	9.2
Housing, energy	5.2	2.8	8.0
Health	0.3	0.2	8.8
Transport, telecommunication	1.1	0.1	1.2
Recreation, culture, education	1.2	0.7	8.6
Restaurants and hotels	1.5	0.6	10.3
Other	0.8	0.4	6.9
Total	15.8	6.9	6.9

Source: CZSO, Bloomberg. (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) Data as of 30 September 2023.

CONTENT

• Macroeconomic Environment
• Digital and Physical Distribution Update
• Profit and Loss Development
• Balance Sheet Development
• Risk Metrics & Asset Quality
• Liquidity and Interest Rate Management
• Capital Management
• 2023 2027 Market Guidance
• Appendix

Mobile banking grows rapidly, attracting 313 thousand new users YoY, and has become the predominant channel, capturing 75% of all transactions

Note: Mobile banking = Smart Banka application. (1) Mobile banking users are also internet banking users; (2) Includes payment, service and sales transactions.

Online plays an increasingly important role in deposit gathering

Note: (1) Excluding building savings accounts.

DIGITAL PLATFORM

Digital platform has become a critical interaction and payment channel where mobile banking continuously gains prominence

In a tighter credit environment, online distribution has slowed more rapidly than branch-based

New unsecured lending originated online (CZK bn)

Branch and ATM networks remain important distribution channels; however, both play diminishing roles in customer service

Note: All numbers in units. ¹⁴

BRANCH NETWORK

As a consequence of the ongoing shift to digital, MONETA has adjusted the branch capacity

CONTENT

• Macroeconomic Environment
• Digital and Physical Distribution Update

Profit and Loss Development

• Balance Sheet Development
• Risk Metrics & Asset Quality
• Liquidity and Interest Rate Management
• Capital Management
• 2023 2027 Market Guidance
• Appendix

MONETA achieved a net profit of CZK 4 billion, corresponding to earnings per share of CZK 7.8 and a RoE of 17.1%

PROFIT AND LOSS (CZK m)	3Q 2022 YtD	3Q 2023 YtD	CHANGE
Net interest income	7,208	6,396	(11.3)%
Net fee and commission income	1,604	1,961	22.3%
Other income	300	695	131.7%
TOTAL OPERATING INCOME	9,112	9,052	(0.7)%
Operating expenses	(4,151)	(4,193)	1.0%
OPERATING PROFIT	4,961	4,859	(2.1)%
Cost of risk	126	(172)	n/a
Income tax	(964)	(715)	(25.8)%
NET PROFIT	4,123	3,972	(3.7)%
Earnings per share	8.1	7.8	(3.7)%
Return on Equity	18.3%	17.1%	(1.2)pp
Effective tax rate	19.0%	15.3%	(3.7)pp

Cost base broadly stable, despite higher regulatory charges, Cost to Income ratio at 46.3%. Net interest income decline of 11.3% due to continued funding costs pressure since 3Q'22; NIM at 2.1% in 3Q 2023 YtD (3Q 2022 YtD: 2.8%). Net fee and commission income increased by 22.3% due to improved distribution performance of third-party products (namely life and pension insurance). Cost of risk mainly driven by solid core portfolio performance, successful NPL disposals, 3Q 2022 positively impacted by upgrades of NPL exposures. Other income growth of 131.7% driven by FX conversions and absence of negative revaluation of FX swaps reported in 2022. Effective tax rate decreased from 19% to 15.3% as a result of available liquidity in Czech government

bonds.

Net interest income continued to grow throughout 2023, supported by positive margin on incremental deposits and loan portfolio repricing

Note: (1) Treasury and other net interest income composed of money market operations, investment portfolio, wholesale funding, bonds issued and IFRS 16.

NII and NIM forecasts have been met and slightly exceeded; 4Q likely to be below expectations due to the CNB's change of policy Forecast Actual

Net interest income (CZK m) 2,074 2,056 2,161 2,318 2,423 2,458 2,327 2,103 2,031 2,167 2,198 2,225 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4QF 2021 2022 2023 Forecast Actual +2.2% better than forecast

Note: F = internal forecast. Net interest income forecasted for 2Q 2023 at CZK 2,090m and for 3Q 2023 at CZK 2,150m. Net interest margin forecasted for 2Q 2023 at 2.0% and for 3Q 2023 at 2.0%.

Net fee and commission income grew by 26% due to the successful distribution of third-party products and re-negotiated conditions

Fee & commission expenses (CZK m)

Insurance and investments income up 54%, now constituting 50% of total fee income

Cost discipline visible from both quarterly and year-to-date development, despite prevailing inflationary pressures

OPERATING EXPENSES

Recurring personnel expenses reduced by 5% due to a 9.5% productivity improvement which more than offset the average salary inflation

Note: Number of employees at the end of the period. (1) Front office includes employees at branches and contact centres; (2) Enabling functions cover all employees not categorised as Front office or Control functions; (3) Control functions include Risk management, Internal audit and Compliance.

Continuing cost discipline, branch network optimisation and automation resulted in a decline in administrative and D&A expenses

CONTENT

• Macroeconomic Environment
• Digital and Physical Distribution Update
• Profit and Loss Development
• Balance Sheet Development
• Risk Metrics & Asset Quality
• Liquidity and Interest Rate Management
• Capital Management
• 2023 2027 Market Guidance
• Appendix

Balance sheet expansion to CZK 449 billion driven by accelerated deposit growth

Notes: (1) Including CSA from Due to customers in the amount of CZK 556m in 3Q 2022, CZK 491m in 4Q 2022, CZK 424m in 1Q 2023, CZK 373m in 2Q 2023 and CZK 398m in 3Q 2023. ²⁶

Loan portfolio stable in line with the plan; retail and small business composing more than 70% of the balances

Loan portfolio yield improved in both retail and commercial segments

portfolio yield yield including hedging result

Note: For more details, please see the explanation in the glossary. (1) A significant portion of the commercial loan portfolio bears interest at floating rates and only longer maturities with fixed interest rates are hedged; therefore, the impact of the hedging result on the yield of the commercial loan portfolio is only marginal.

2022 2023

28

The deposit campaign attracted CZK 73 billion in new money, mainly from retail; the overall funding base grew by 24%

Notes: (1) Excludes opportunistic repo operations and CSA (CZK 5.0bn in 3Q'22, CZK 4.4bn in 4Q'22, CZK 3.6bn in 1Q'23, CZK 2.9bn in 2Q'23 and CZK 2.9bn in 3Q'23); wholesale funding includes Issued bonds, Subordinated liabilities and Due to banks balances.

COST OF FUNDS

Cost of funds increased in both retail and commercial segments, however, at a slower pace; wholesale funding impacted by new subordinated deposits Retail (%)

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.

30

CONTENT

• Macroeconomic Environment
• Digital and Physical Distribution Update
• Profit and Loss Development
• Balance Sheet Development

Risk Metrics & Asset Quality

• Liquidity and Interest Rate Management
• Capital Management
• 2023 2027 Market Guidance
• Appendix

Cost of risk positively impacted by solid core portfolio performance, NPL disposals and upgrades of previously forborne exposures

Cost of risk

METRICS (CZK m)	1Q	2Q	3Q	4Q	1Q	2Q	3Q
COST OF RISK	(95)	(155)	124	216	(116)	146	142
RETAIL •	(66)	(262)	204	115	(114)	113	103
COMMERCIAL •	(29)	106	(79)	100	(2)	33	39

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

Cost of risk1

METRICS (%) 1Q 2Q 3Q 4Q 1Q 2Q 3Q COST OF RISK (0.15) (0.24) 0.19 0.32 (0.17) 0.22 0.21 • RETAIL (0.15) (0.58) 0.44 0.25 (0.25) 0.25 0.23 • COMMERCIAL (0.14) 0.52 (0.38) 0.48 (0.01) 0.16 0.18 (%, release in brackets, creation without brackets) 2022 2023 2022 2023 CZK (126)m CZK 172m (6)bps 9bps

2022 Cost of risk impacted by the release of Covid-related provisions; 2023 impacted by significant gains from NPL disposals.

Robust loan loss provisions coverage maintained, with a minor decrease in 3Q 2023 driven by NPL disposals

3Q 2022	4Q 2022	1Q 2023	2Q 2023	3Q 2023	YoY change
273,908	273,861	270,821	272,791	273,591	(0.1)%
					(10.4)%
734	847	923	931		24.8%
	5,142	5,108	4,809	4,764	4,605 916

NPL portfolio dropped by CZK 51 million quarter-on-quarter due to the stable NPL formation and disposals

The NPL ratio remained stable at 1.3% during the last three quarters due to the proactive management of collections

Note: (1) NPLs include gross loan portfolio balance in Stage 3 and non-performing gross loan portfolio balance in Stage POCI. ³⁵

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

Note: 30+ delinquency represents due exposures in the range between 30 and 90 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, 2Q 2020 - 3Q 2023 data includes the Acquired entities.

CONTENT

• Macroeconomic Environment
• Digital and Physical Distribution Update
• Profit and Loss Development
• Balance Sheet Development
• Risk Metrics & Asset Quality
• Liquidity and Interest Rate Management
• Capital Management
• 2023 2027 Market Guidance
• Appendix

High-quality liquid assets increased to CZK 143 billion, up 101% or CZK 72 billion

CZK 202 billion of variable rate assets balanced by CZK 245 billion of liabilities with the potential to reprice within 3 months

• Share of variable interest rate assets on total interest earning assets increased from 29% to 46% year-on-year.
• If market rate changes, assets and liabilities at variable interest rates are repriced accordingly within 3 months; with the exception of savings accounts which are repriced based on MONETA's decision anytime within 3 months.
• Simplified sensitivity of NII on a market rate movement by 100bps is estimated at CZK 435 million on an annual basis. 2

Note: (1) Fixed interest rate is swapped to variable through interest rate swaps. These interest rate swaps are repriced every 3 months (93%) or 6 months (7%); (2) Assuming repricing of all interest earning assets and interest bearing liabilities (incl. savings accounts) at a variable interest rate.

CONTENT

• Macroeconomic Environment
• Digital and Physical Distribution Update
• Profit and Loss Development
• Balance Sheet Development
• Risk Metrics & Asset Quality
• Liquidity and Interest Rate Management
• Capital Management
• 2023 2027 Market Guidance
• Appendix

For 2024, we received SREP Pillar II requirement of 2.3%, 30 bps decrease, which will free up approximately CZK 500 million of capital

Capital requirement on a consolidated basis

	1 July 2023	1 October 2023	31 Dec 2023	1 Jan 2024
Pillar I – CRR requirement	8.0%	8.0%	8.0%	8.0%
SREP requirement1 Pillar II –	2.6%	2.6%	2.6%	2.3%
CRR capital conservation buffer	2.5%	2.5%	2.5%	2.5%
CRR countercyclical buffer2	2.25%	2.0%	2.0%	2.0%
Total regulatory requirement for capital	15.35%	15.1%	15.1%	14.8%
Management capital buffer	1.0%	1.0%	1.0%	1.0%
MANAGEMENT TARGET FOR CAPITAL	16.35%	16.1%	16.1%	15.8%

Capital requirement on an individual basis

	1 July 2023	1 October 2023	31 Dec 2023	1 Jan 2024
MREL – loss absorption amount	10.4%	10.4%	10.6%	10.6%
MREL - recapitalisation amount	4.7%	4.7%	6.6%	6.6%
CRR capital conservation buffer	2.5%	2.5%	2.5%	2.5%
CRR countercyclical buffer2	2.25%	2.0%	2.0%	2.0%
Total regulatory requirement for capital and eligible liabilities	19.85%	19.6%	21.7%	21.7%
Management capital buffer	1.0%	1.0%	1.0%	1.0%
MANAGEMENT TARGET FOR CAPITAL AND ELIGIBLE LIABILITIES	20.85%	20.6%	22.7%	22.7%

Note: The CNB usually re-assesses the above SREP capital requirements on an annual basis. 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 Pillar II capital requirement was set only on a consolidated basis, its value is used with a delay for setting of MREL requirement on an individual basis; (2) On 14 September 2023, the CNB decided to decrease CRR countercyclical buffer to 2.0%, effective as at 1 October 2023. The total requirement for capital and eligible liabilities stands at 21.7%, effective as at 31 December 2023.

We exceed total MREL management target of 20.6%1 by 320 basis points on an individual basis

• MONETA is fully equipped to meet the MREL management target of 22.7% effective from 31 December 2023.
• Current MREL position of 23.8% constitutes an excess of 110 basis points above the year-end management target.
• Strong capital position enables to deliver targeted dividend pay-out ratio at 80% of the consolidated net profit.

CAPITAL POSITION ON A CONSOLIDATED BASIS

2021

12.2%

We hold CZK 4 billion of excess capital aside from dividend accrual of CZK 3.2 billion

2022

13.2%

43

Note: (1) Including 75bps of management buffer, which is covered by Tier 1 capital; (2) 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; (3) 80% of 1-3Q 2023 net profit; (4) Subject to corporate, regulatory and regulator´s limitations.

Tier 1 management

capital target1

3Q 2023

13.2%

CONTENT

• Macroeconomic Environment
• Digital and Physical Distribution Update
• Profit and Loss Development
• Balance Sheet Development
• Risk Metrics & Asset Quality
• Liquidity and Interest Rate Management
• Capital Management
• 2023 2027 Market Guidance
• Appendix

We seek to deliver a net profit of CZK 5 billion, CZK 700 million above original guidance1 or CZK 300 million above updated guidance2

METRICS as published on 27 July 2023	2023	2024	2025	2026	2027	CAGR 2023-2027
Total operating income (CZK)	≥12.0bn	≥12.8bn	≥13.1bn	≥13.5bn	≥14.0bn	4.0%
Total operating expenses (CZK)	≤5.7bn	≤5.8bn	≤5.9bn	≤6.0bn	≤6.1bn	1.7%
Operating profit (CZK)	≥6.3bn	≥7.0bn	≥7.2bn	≥7.5bn	≥7.9bn	6.0%
Cost of Risk (bps)	15-35	30-50	35-55	35-55	35-55	n/a
Effective tax rate3	~16.0%	~16.5%	~16.5%	~16.5%	~16.5%	n/a
NET PROFIT (CZK)	≥4.7bn	≥4.8bn	≥5.0bn	≥5.3bn	≥5.6bn	4.5%
Earnings per share (CZK)	≥9.2	≥9.4	≥9.8	≥10.4	≥11.0	4.5%
Return on Tangible Equity	≥16.0%	≥16.0%	≥16.0%	≥16.0%	≥16.0%	n/a

Note: Please see pages 46, 47 and 68 of this presentation for limitations of forward-looking statements and their assumptions. (1) Original guidance published on 3 February 2023; (2) Updated guidance published on 27 July 2023; (3) Assuming no changes in current tax regulation.

Macroeconomic assumptions for medium-term guidance

ASSUMPTIONS	2023	2024	2025	2026	2027
GDP growth	0.5%	3.0%	2.8%	2.6%	2.5%
Unemployment	2.5%	2.8%	3.5%	3.0%	2.6%
Inflation	11.2%	2.1%	2.0%	2.0%	2.0%
2W repo rate	7.0%	5.7%	3.0%	2.8%	2.8%
1M Pribor	7.1%	5.7%	3.1%	2.9%	2.9%
CZK/EUR	23.7	24.3	24.3	24.3	24.3

Note: Please see also pages 47 and 68 for limitations of forward-looking statements and their assumptions. Source 2023-2024: GDP, unemployment and inflation rates based on the CNB Forecast issued in spring 2023; 2W repo rate and 1M Pribor based on internal assumptions. 2025 – 2027: all data based on internal assumptions.

Loans and deposits growth assumptions

Note: Please see also pages 46 and 68 for limitations of forward-looking statements and their assumptions.

APPENDIX

Events with investors

• Gross Performing Loan Portfolio Development
• Funding Base Development
• Financial Statements & Key Performance Ratios
• Glossary of Terms

Calendar for 4Q 2023

Auerbach Grayson Emerging & Frontier Markets Conference online

3 November 2023

Goldman Sachs CEEMEA 1x1 Conference

London

30 November 2023

WOOD's Winter Wonderland EMEA Conference Prague

5 – 8 December 2023

FY 2023 Earnings 2 February 2024

APPENDIX

Events with investors

Gross Performing Loan Portfolio Development

Funding Base Development

Financial Statements & Key Performance Ratios

Glossary of Terms

Decline in retail loan book due to tighter underwriting criteria and continued weak demand

Notes: (1) Loan to value ratio on performing mortgage portfolio at 59.5% as of 30 September 2023; (2) Consumer loan portfolio includes also supplementary housing loans which represent 23% of the balance in 3Q'23. ⁵¹

Commercial portfolio growth driven by small business portfolio and working capital

Notes: (1) Commercial loan portfolio includes leasing portfolio in the amount of CZK 3.9bn in 3Q'22, CZK 3.6bn in 4Q'22, CZK 3.2bn in 1Q'23 and CZK 2.8bn in 2Q'23 and CZK 2.5bn in 3Q'23; (2) Investment loan portfolio includes supplementary housing loans; (3) Includes gross performing receivables and undrawn working capital limits.

APPENDIX

Events with investors

Gross Performing Loan Portfolio Development

Funding Base Development

Financial Statements & Key Performance Ratios

Glossary of Terms

Total retail deposit growth driven by savings and term deposits, the decline in current accounts due to a shift to a more attractive proposition

The commercial segment reported growth across all product categories

Notes: (1) Includes building savings accounts. ⁵⁵

Wholesale funding impacted by the maturity of external mortgagebacked securities in 3Q 2023

Notes: (1) Excluding opportunistic repo operations and CSA in the amount of CZK 4.5bn in 3Q'22, CZK 3.9bn in 4Q'22, CZK 3.2bn in 1Q'23, CZK 2.5bn in 2Q'23 and CZK 2.5bn in 3Q'23. ⁵⁶

APPENDIX

Events with investors

Gross Performing Loan Portfolio Development

Funding Base Development

• Financial Statements & Key Performance Ratios
• Glossary of Terms

Consolidated statement of financial position

CZK m	30/09/2023	31/12/20221	% Change
Cash and balances with the central bank	13,365	12,467	7.2%
Derivative financial instruments with positive fair values	690	761	(9.3%)
Investment securities	88,056	57,951	51.9%
Hedging derivatives with positive fair values	3,991	4,942	(19.2%)
Change in fair value of items hedged on portfolio basis	(989)	(2,090)	(52.7%)
Loans and receivables to banks	68,120	37,886	79.8%
Loans and receivables to customers	268,987	268,752	0.1%
Intangible assets	3,252	3,379	(3.8%)
Property and equipment	2,443	2,318	5.4%
Investments in subsidiaries and associates	2	3	(33.3%)
Current tax assets	33	6	450.0%
Other assets	1,113	1,135	(1.9%)
TOTAL ASSETS	449,063	387,510	15.9%
Due to banks	7,379	5,953	24.0%
Due to customers	393,012	334,251	17.6%
Derivative financial instruments with negative fair values	674	747	(9.8%)
Hedging derivatives with negative fair values	1,502	845	77.8%
Change in fair value of items hedged on portfolio basis	(113)	(438)	(74.2%)
Issued bonds	3,740	5,520	(32.2%)
Subordinated liabilities	7,561	4,687	61.3%
Provisions	308	306	0.7%
Current tax liabilities	146	482	(69.7%)
Deferred tax liabilities	418	496	(15.7%)
Other liabilities	3,461	3,570	(3.1%)
Total Liabilities	418,088	356,419	17.3%
Share capital	10,220	10,220	0.0%
Statutory reserve	102	102	0.0%
Other reserves	1	1	0.0%
Retained earnings	20,652	20,768	(0.6%)
Total Equity	30,975	31,091	(0.4%)
TOTAL LIABILITIES & EQUITY	449,063	387,510	15.9%

Consolidated statement of financial position – quarterly development

CZK m	30/09/2021	31/12/20211	31/03/2022	30/06/2022	30/09/2022	31/12/20221	31/03/2023	30/06/2023	30/09/2023
Cash and balances with the central bank	8,760	11,204	12,124	12,080	10,035	12,467	7,441	10,303	13,365
Derivative financial instruments with positive fair values	260	400	561	749	768	761	726	652	690
Investment securities	50,494	49,200	48,863	52,639	53,808	57,951	80,195	80,483	88,056
Hedging derivatives with positive fair values	1,637	3,235	4,120	5,333	5,380	4,942	4,345	3,731	3,991
Change in fair value of items hedged on portfolio basis	(907)	(1,841)	(2,109)	(2,576)	(2,484)	(2,090)	(1,597)	(1,147)	(989)
Loans and receivables to banks	13,181	15,602	39,605	26,372	28,495	37,886	40,638	55,109	68,120
Loans and receivables to customers	247,572	255,612	257,610	265,860	268,766	268,752	266,012	268,027	268,987
Intangible assets	3,095	3,184	3,267	3,313	3,315	3,379	3,324	3,280	3,252
Property and equipment	2,472	2,631	2,536	2,416	2,297	2,318	2,360	2,361	2,443
Investments in subsidiaries and associates	2	2	3	4	2	3	4	4	2
Current tax assets	45	9	2	9	14	6	8	23	33
Other assets	916	984	907	896	940	1,135	1,129	1,003	1,113
TOTAL ASSETS	327,527	340,222	367,489	367,095	371,336	387,510	404,585	423,829	449,063
Due to banks	17,549	12,580	22,723	21,117	6,569	5,953	5,439	7,707	7,379
Due to customers2	268,276	285,145	299,125	302,199	320,610	334,251	350,329	368,177	393,012
Derivative financial instruments with negative fair values	209	524	683	752	747	747	719	631	674
Hedging derivatives with negative fair values	363	580	742	931	934	845	935	1,545	1,502
Change in fair value of items hedged on portfolio basis	(297)	(598)	(655)	(749)	(595)	(438)	(287)	(169)	(113)
Issued bonds	2,720	2,422	4,764	4,729	4,096	5,520	5,479	4,909	3,740
Subordinated liabilities	4,642	4,684	4,628	4,669	4,645	4,687	4,630	7,501	7,561
Provisions	214	234	241	256	267	306	250	238	308
Current tax liabilities	44	26	248	398	490	482	515	163	146
Deferred tax liabilities	298	384	320	369	406	496	476	408	418
Other liabilities2	3,583	4,760	3,899	3,648	3,140	3,570	3,794	3,238	3,461
Total Liabilities	297,601	310,741	336,718	338,319	341,309	356,419	372,279	394,348	418,088
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	19,603	19,158	20,448	18,453	19,704	20,768	21,983	19,158	20,652
Total Equity	29,926	29,481	30,771	28,776	30,027	31,091	32,306	29,481	30,975
TOTAL LIABILITIES & EQUITY	327,527	340,222	367,489	367,095	371,336	387,510	404,585	423,829	449,063

Consolidated statement of profit or loss and other comprehensive income

CZK m	3Q 2023 YtD	3Q 2022 YtD	% Change
Interest and similar income	15,998	11,057	44.7%
Interest expense and similar charges	(9,602)	(3,849)	149.5%
Net interest income	6,396	7,208	(11.3%)
Fee and commission income	2,395	1,979	21.0%
Fee and commission expense	(434)	(375)	15.7%
Net fee and commission income	1,961	1,604	22.3%
Dividend income	2	3	(33.3%)
Net income from financial operations	649	223	191.0%
Other operating income	44	74	(40.5%)
Total operating income	9,052	9,112	(0.7%)
Personnel expenses	(1,766)	(1,854)	(4.7%)
Administrative expenses	(1,147)	(1,094)	4.8%
Depreciation and amortisation	(939)	(934)	0.5%
Regulatory charges	(307)	(229)	34.1%
Other operating expenses	(34)	(40)	(15.0%)
Total operating expenses	(4,193)	(4,151)	1.0%
Profit for the period before tax and net impairment of financial assets	4,859	4,961	(2.1%)
Net impairment of financial assets	(172)	126	n/a
Profit for the period before tax	4,687	5,087	(7.9%)
Taxes on income	(715)	(964)	(25.8%)
Profit for the period after tax	3,972	4,123	(3.7%)
- Cash flow hedges - effective portion of changes in fair value	0	0	n/a
- Deferred tax	0	0	n/a
Other comprehensive income, net of tax	0	0	n/a
Total comprehensive income attributable to the equity holders	3,972	4,123	(3.7%)

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

CZK m	3Q 2021	4Q 2021	1Q 2022	2Q 2022	3Q 2022	4Q 2022	1Q 2023	2Q 2023	3Q 2023
Interest and similar income	2,378	2,720	3,351	3,704	4,002	4,534	4,855	5,374	5,769
Interest expense and similar charges	(217)	(402)	(928)	(1,246)	(1,675)	(2,431)	(2,824)	(3,207)	(3,571)
Net interest income	2,161	2,318	2,423	2,458	2,327	2,103	2,031	2,167	2,198
Fee and commission income	625	699	637	667	675	753	760	799	836
Fee and commission expense	(152)	(116)	(121)	(122)	(132)	(59)	(144)	(136)	(154)
Net fee and commission income	473	583	516	545	543	694	616	663	682
Dividend income	1	1	1	1	1	1	1	0	1
Net income from financial operations	133	83	70	14	139	134	183	188	278
Other operating income	13	16	14	48	12	72	13	10	21
Total operating income	2,781	3,001	3,024	3,066	3,022	3,004	2,844	3,028	3,180
Personnel expenses	(628)	(733)	(586)	(611)	(657)	(674)	(578)	(595)	(593)
Administrative expenses	(333)	(379)	(391)	(325)	(378)	(429)	(365)	(415)	(367)
Depreciation and amortisation	(289)	(293)	(312)	(311)	(311)	(315)	(323)	(312)	(304)
Regulatory charges	0	0	(218)	(11)	0	0	(267)	(40)	0
Other operating expenses	(12)	(21)	(13)	(17)	(10)	(25)	(12)	(10)	(12)
Total operating expenses	(1,262)	(1,426)	(1,520)	(1,275)	(1,356)	(1,443)	(1,545)	(1,372)	(1,276)
Profit for the period before tax and net impairment of financial assets	1,519	1,575	1,504	1,791	1,666	1,561	1,299	1,656	1,904
Net impairment of financial assets	299	(242)	95	155	(124)	(216)	116	(146)	(142)
Profit for the period before tax	1,818	1,333	1,599	1,946	1,542	1,345	1,415	1,510	1,762
Taxes on income	(352)	(246)	(309)	(364)	(291)	(281)	(200)	(247)	(268)
Profit for the period after tax	1,466	1,087	1,290	1,582	1,251	1,064	1,215	1,263	1,494
- Cash flow hedges - effective portion of changes in fair value	(3)	0	0	0	0	0	0	0	0
- Deferred tax	1	0	0	0	0	0	0	0	0
Other comprehensive income, net of tax	(2)	0	0	0	0	0	0	0	0
Total comprehensive income attributable to the equity holders	1,464	1,087	1,290	1,582	1,251	1,064	1,215	1,263	1,494

FINANCIAL STATEMENTS

Key performance ratios

Profitability	3Q 2023 YtD	FY 2022	Change in bps
Yield (% Avg Net Customer Loans)	4.6%	4.2%	40
Deposits and Received Loans)1 Cost of Funds (% Avg	3.18%	1.66%	152
Cost of Funds on Core Customer Deposits (% Avg Deposits)	3.15%	1.62%	153
2,3,4 NIM (% Avg Int Earning Assets)	2.1%	2.6%	(50)
Cost of Risk (% Avg Net Customer Loans)	0.09%	0.03%	6
Risk-adj. Yield (% Avg Net Customer Loans)	4.5%	4.2%	30
Net Fee & Commission Income / Operating Income (%)	21.7%	19.0%	270
Net Non-Interest Income / Operating Income (%)	29.3%	23.2%	610
Cost to Income Ratio	46.3%	46.2%	10
RoTE	19.1%	18.7%	40
RoE	17.1%	16.7%	40
RoAA2	1.3%	1.4%	(10)
Liquidity / Leverage
Core Loan to Deposit ratio	68.5%	80.5%	(1,200)
Net Loan to Deposit ratio2	68.4%	80.4%	(1,200)
Total Equity / Total Assets	6.9%	8.0%	(110)
Liquid Assets2,3 / Total Assets	41.3%	27.9%	1,340
Liquidity Coverage Ratio	312.1%	213.7%	9,840
Capital Adequacy
RWA density	37.6%	43.4%	(580)
Regulatory leverage	5.8%	6.7%	(90)
Total CAR (%)	19.9%	18.0%	190
Tier 1 Ratio (%)	15.5%	15.3%	20
Asset Quality
Non-Performing Loan Ratio (%)	1.3%	1.4%	(10)
Core Non-Performing Loan Coverage (%)	48.2%	53.4%	(520)
Total NPL Coverage (%)	130.8%	134.8%	(400)
Loan to value ratio (%)5	59.5%	60.4%	(90)
Loan to value ratio on new volumes (%, weighted average)5	58.9%	57.5%	140

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.

Key performance ratios – quarterly development

Profitability	3Q 2021	4Q 2021	1Q 2022	2Q 2022	3Q 2022	4Q 2022	1Q 2023	2Q 2023	3Q 2023
Yield (% Avg Net Customer Loans)	3.8%	3.9%	4.0%	4.1%	4.3%	4.4%	4.4%	4.6%	4.7%
1 Cost of Funds (% Avg Deposits and Received Loans)	0.37%	0.53%	0.96%	1.23%	1.81%	2.65%	2.94%	3.21%	3.42%
Cost of Funds on Core Customer Deposits (% Avg Deposits)	0.29%	0.46%	0.91%	1.18%	1.76%	2.63%	2.91%	3.19%	3.39%
2,3,4 NIM (% Avg Int Earning Assets)	2.7%	2.8%	2.8%	2.7%	2.6%	2.3%	2.1%	2.1%	2.1%
Cost of Risk (% Avg Net Customer Loans)	(0.49)%	0.38%	(0.15)%	(0.24)%	0.19%	0.32%	(0.17)%	0.22%	0.21%
Risk-adj. Yield (% Avg Net Customer Loans)	4.2%	3.5%	4.2%	4.3%	4.1%	4.1%	4.6%	4.4%	4.5%
Net Fee & Commission Income / Operating Income (%)	17.0%	19.4%	17.1%	17.8%	18.0%	23.1%	21.7%	21.9%	21.4%
Net Non-Interest Income / Operating Income (%)	22.3%	22.8%	19.9%	19.8%	23.0%	30.0%	28.6%	28.4%	30.9%
Cost to Income Ratio	45.4%	47.5%	50.3%	41.6%	44.9%	48.0%	54.3%	45.3%	40.1%
RoTE	21.9%	16.5%	18.8%	24.9%	18.7%	15.4%	16.8%	19.3%	21.6%
RoE	19.6%	14.7%	16.8%	22.0%	16.7%	13.7%	15.0%	17.1%	19.3%
RoAA2	1.8%	1.3%	1.5%	1.7%	1.4%	1.1%	1.2%	1.2%	1.4%
Liquidity / Leverage
Core Loan to Deposit ratio	92.8%	89.7%	87.6%	89.7%	84.0%	80.5%	76.0%	72.9%	68.5%
Net Loan to Deposit ratio2	92.3%	89.6%	86.1%	88.0%	83.8%	80.4%	75.9%	72.8%	68.4%
Total Equity / Total Assets	9.1%	8.7%	8.4%	7.8%	8.1%	8.0%	8.0%	7.0%	6.9%
Liquid Assets2,3 / Total Assets	22.1%	22.3%	27.4%	24.8%	24.9%	27.9%	31.7%	34.4%	37.8%
Liquidity Coverage Ratio	137.8%	177.8%	169.8%	149.3%	197.7%	213.7%	273.9%	284.8%	312.1%
Capital Adequacy
RWA density	45.6%	46.2%	43.7%	45.6%	45.4%	43.4%	41.4%	39.9%	37.6%
Regulatory leverage	7.2%	6.6%	6.6%	6.4%	6.5%	6.7%	6.4%	6.1%	5.8%
Total CAR (%)	18.7%	17.1%	17.7%	16.8%	17.0%	18.0%	18.1%	19.7%	19.9%
Tier 1 Ratio (%)	15.9%	14.4%	15.0%	14.1%	14.3%	15.3%	15.4%	15.4%	15.5%
Asset Quality
Non-Performing Loan Ratio (%)	2.4%	2.2%	1.8%	1.4%	1.4%	1.4%	1.3%	1.3%	1.3%
Core Non-Performing Loan Coverage (%)	55.1%	55.8%	57.3%	56.8%	56.8%	53.4%	51.4%	49.7%	48.2%
Total NPL Coverage (%)	96.1%	101.2%	120.5%	133.8%	137.3%	134.8%	137.1%	133.4%	130.8%
Loan to value ratio (%)5	62.5%	62.4%	62.2%	61.5%	61.0%	60.4%	60.1%	59.8%	59.5%
Loan to value ratio on new volumes (%, weighted average)5	61.8%	59.9%	59.0%	56.3%	61.2%	55.6%	59.3%	60.0%	57.2%

Note: (1) Deposits include issued bonds and exclude opportunistic repo operations 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.

APPENDIX

Events with investors

• Gross Performing Loan Portfolio Development
• Funding Base Development
• 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.	Cost of Funds on Core Customer Deposits (% Avg Deposits) / Core	Interest expense and similar charges on customer deposits for the period divided by the average balance of core customer deposits
Acquisition	Means the purchase of the Acquired entities	Cost of Funds
Acquisition gain	Difference between final consideration for the Acquired entities and fair market value of acquired assets	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 shown in CZK, then it corresponds to "Net impairment
AFS	Available for sale		of financial assets"
Annualised	Adjusted so as to reflect the relevant rate on the full year basis	Core Customer Deposits	Due to customers excluding repo Operations, subordinated liabilities and CSA
ARAD	ARAD is a public database that is part of the information service of the Czech National Bank. It is uniform system of presenting time series of aggregated data for individual statistics and financial market areas	Core 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
Asset Management	Balance of distributed investment funds	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
Auto	MONETA Auto, s.r.o.	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
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	CSA	Credit Support Annex is a legal document which regulates credit support (collateral) for derivative transactions
Average balance of total assets	Two-point average of the beginning and ending balances of Total Assets for the period	Customer Deposits	Due to customers
Bank	MONETA Money Bank, a.s.	CZK	Czech Koruna
BB forecast	Bloomberg forecast	CZSO	Czech Statistical Office
bn	Billion
bps	Basis points	Drawn limit / Overdraft Drawn	Loans and receivables to customer balance
Building savings/Building savings deposits	Saving product, typical for building savings banks. Bank undertakes clients deposits determined for housing financing. This act is supported by a financial contribution from the state.	E-payment	One-time payment transactions through internet banking or mobile banking
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.	ESG	Environmental, Social and Corporate Governance
		ETR / Effective Tax Rate	Effective Tax Rate – calculated as taxes on income divided by profit for the period before tax
CAR / Capital Adequacy Ratio	Ratio calculated as regulatory capital as a percentage of risk-weighted assets	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 asset 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,
CET1 ratio	CET 1 capital as a percentage of RWA (calculated pursuant to CRR)
CNB	Czech National Bank
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	FTE	Stage 3 – financial assets in default Figure states full time equivalents in the last month of the quarter

GLOSSARY 2/3

loan and American mortgages. Market share – consumer loans Source: the CNB ARAD, MMB in IFRS unconsolidated according to the CNB definitions, gross FVTPL Financial assets measured at Fair Value Through Profit or Loss loans excluding non-residents and loans in foreign currency, the CNB annualised average Sum of Due to customers, Due to Banks, Issued Bonds and subordinated liabilities and excluding weighted rate Funding Base opportunistic repo operations and CSA M&A Merger and Acquisition
FY Financial year Market interest rates Based on the CNB ARAD
MPSV Ministry of Labour and Social Affairs GDP Gross domestic product
MONETA MONETA has the same meaning as the Group Group The Bank and its subsidiaries.
MREL Minimum Requirement of Own Funds and Eligible Liabilities Performing loans and receivables to customers as determined in accordance with the
Gross performing loans MONETA's loan receivables categorisation rules (Standard, Watch) MSS MONETA Stavební Spořitelna, a.s. (formerly Wüstenrot – stavební spořitelna, a.s.)
Profit for the period after tax Net Income/Net Profit International Financial Reporting Standards IFRS
Cash and balances with the central bank, investment securities, loans and receivables to banks, All interest and non-interest income generated by each lending product within the segment, loans and receivables to customers and prior to transition to IFRS 9 also financial assets at fair Net Interest Earning Assets minus Cost of Funds allocated to each lending product (by using average Group core Cost of value through profit or loss, financial assets available for sale, financial assets held to maturity Incremental ROE Funds and leverage), minus cost of IR hedging allocated to each lending product and minus
NII Net Interest Income credit losses booked on each lending product for the period (=RAOI), divided by average equity
allocated to each lending product by using leverage (=Equity) Net interest and similar income divided by the average balance of net interest earning assets Net Interest Margin or NIM
Equity and debt securities in the Group´s portfolio, consist of securities measured at amortised Total operating income less net interest and similar income for the period Net Non-Interest Income
Investment securities cost, fair value through other comprehensive income (FVTOCI) and fair value through profit or New volume / New production Aggregate of loan principal disbursed in the period for non-revolving loans loss (FVTPL)
Issued bonds and Subordinated liabilities Issued securities New volume yield / New production	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)
k/ths thousands yield
KPI Key performance indicator
Non-performing loans as determined in accordance with the MONETA´s loan receivables NPL / Non-performing loans Leasing MONETA Leasing, s.r.o. categorisation rules (substandard, doubtful, loss), Stage 3 according to IFRS9
Ratio (expressed as a percentage) of NPL to gross loans and receivables to customers NPL Ratio Liquid assets comprise cash and balances with central banks, investment securities (not Liquid Assets
NPL Coverage / Coverage / Total NPL Ratio (expressed as a percentage) of loss allowances for loans and advances to customers to transferred as collateral in repurchase agreements), loans and receivables to banks Coverage NPL
Liquidity Coverage Ratio measures the ratio (expressed as a percentage) of a MONETA's buffer OCI Other Comprehensive Income LCR/Liquidity Coverage Ratio 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 Represents new volume originated from online applications and leads (client with contact Online Origination details)
Operating profit Operating profit represents profit for the period before tax and Cost of Risk. Client obtains a guaranteed interest rate for the entire period of loan repayment and has the Loan from building
savings right to early loan repayment without the risk of penalties Includes unencumbered bond portfolio and the CNB bills at market value, MONETA's and MSS
Operational liquidity clearing accounts at the CNB, foreign exchange nostro accounts, interbank deposits, cash and cash in transit
Loan to deposit ratio calculated as net loans and receivables to customers divided by customer LtD ratio or Loan to Deposit ratio Total operating expenses OPEX / Cost Base deposits
Repo transactions with counterparties which are closed on back-to-back basis by reverse repo Opportunistic repo operations M / m Millions transactions with the CNB
Ratio (expressed as a percentage) of total loss allowances for loans and advances to customers Increment to expected credit loss estimate which compensates insufficient sensitivity of core Overall portfolio coverage Management overlay over gross loan portfolio balance IFRS9 model to specific macroeconomic conditions

GLOSSARY 3/3

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	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
PL	Performing loans	Small Business clients	Clients or enterprises with an annual turnover of up to CZK 60 million
Portfolio yield	Please refer to the definition of yield	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
Q	Quarter
QtQ	Quarter-to-quarter	Small Business (new) production	New volume of unsecured instalment loans and receivables to Small Business customers Clients or enterprises who have their product on identification number with an annual turnover
	All interest and non-interest income generated by each lending product within the segment,	SME / SME clients	above CZK 60 million
RAOI	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	SREP	Supervisory Review and Evaluation Process, when supervisor regularly assesses and measures the risks for each bank
Regulatory Capital Regulatory Leverage	credit losses booked on each lending product for the period 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) Relative size of an institution's assets, off-balance sheet obligations and contingent obligations to pay or to deliver or to provide collateral, including obligations from received funding, made commitments, derivates or repurchase agreements, but excluding obligations which can only be enforced during the liquidation of an institution, compared to that institution's own funds	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
	Return on tangible equity calculated as annualised profit after tax for the period divided by tangible equity Clients/individuals who have their product signed using their personal identification number	Tier 1 Capital Ratio	Tier 1 Capital as a percentage of risk weighted assets
Return on Tangible Equity or RoTE		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
Retail clients		Total Capital Ratio	Tier 1 Capital and Tier 2 Capital as a percentage of risk-weighted assets
Retail unsecured instalment loans/ Consumer loans/Unsecured	Non-purpose, unsecured and revolving loans to retail clients; including building savings and bridging loans	Total NPL Coverage	Ratio (expressed as a percentage) of individual and portfolio provisions for loans and receivables to total non-performing loans and receivables
consumer loans		Total Shareholder Return/TSR	Total Shareholder Return based on the Bloomberg methodology including reinvested dividend
Return on average assets or RoAA	Return on average assets calculated as annualised profit after tax for the period divided by average balance of total assets	WHB	Wüstenrot hypoteční banka a.s. (Mortgage bank)
Return on Equity or RoE	Return on equity calculated as annualised profit after tax for the period divided by total equity	Y	Year
RWA	Risk Weighted Assets calculated pursuant to CRR	Yield (% Avg. Net Customer Loans)	Interest and similar income from loans to customers divided by the average balance of net loans to customers
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	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 46 and 47.

INVESTOR RELATIONS

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

www.moneta.cz