Hrvatska Poštanska Banka d.d.

Investor Presentation • Jul 30, 2024

HPB p.l.c. 6M 2024

Investor information and unaudited financial statements

July 2024

Limitation of liability

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

Type and name of prescribed information: Financial statements for the period 1.1.2024 - 30.6.2024, HPB p.l.c. 6M 2024 Investor information and unaudited Financial statements for the period 1.1.2024 - 30.6.2024 Issuer name, headquarter and address: Hrvatska poštanska banka p.l.c., Jurišićeva ulica 4, HR-10000 Zagreb Issuer's Legal Entity Identifier (LEI) 529900D5G4V6THXC5P79 Home Member State: Republic of Croatia International Securities Identification Number (ISIN) HRHPB0RA0002 Stock code (ticker): HPB-R-A Regulated market and segment: Zagreb Stock Exchange, Official market

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

Original and official report is published in Croatian.

The report includes:

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

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

Statement of the President of the Management Board

On the occasion of releasing the half-year financial results for 2024, Marko Badurina, President of the Management Board of Hrvatska poštanska banka, stated: "At HPB, our long-term vision prioritizes expanding our market presence and elevating the quality of services we provide to our clients. We've consistently achieved above-average profitability, bolstered our capital base, and successfully met our short-term goals. With the successful operational integration of Nova Hrvatska Banka, we've unlocked resources for new development projects, and the achievements drive us to set new goals and maintain our growth trajectory, which consistently outpaces the market. Due to the significant potential for further strengthening of HPB in the future, we are ready for new challenges and successes in a changing monetary environment, continuing to contribute to improving the lives of our fellow citizens and entrepreneurs, as well as the economic progress of Croatia."

Executive Summary

Macroeconomic Environment

Financials

Risk Management

Additional information

Exceptional profitability with successful integration of Nova hrvatska banka

* Profit and loss account positions in this presentation for the first half of 2021-2023 show the result of HPB on a stand-alone basis, while the first half (6M) of 2024 includes the result of integrated Bank (HPB + Nova hrvatska banka) in accordance with the integration of Nova hrvatska banka in July 2023

** The balance sheet positions in this presentation on the reporting dates 31.12.2021 and 31.12.2022 show the result of HPB on a stand-alone basis, while the reporting dates 31.12.2023 and 30.6.2024 include results of an integrated Bank (HPB + Nova hrvatska banka) in accordance with the integration of Nova hrvatska banka in July 2023

We are creating conditions for a better life in Croatia.

6

HPB in the TOP 5 banks by total assets

7 Source: CNB statistics, SV1 Data on the operations of credit institutions

Executive Summary

Macroeconomic Environment

Financials

Risk Management Additional information

Macroeconomic indicators

	Croatia	Euro area €		Croatia	Euro area €
Overall inflation (HICP)	3.4% Jun 24: Jun 23: 12.1%	Jun 24: 2.5% Jun 23: 6.9%	Interest rate on deposits with agreed maturity	24: 2.0% May May 23: 1.3% 24: 3.5% May May 23: 2.3%	24: 3.1% May May 23: 2.5% 24: 3.6% May May 23: 3.0%	Households Corporations
Unemployment rate	May 24: 5.3% May 23: 6.1%	May 24: 6.5% May 23: 6.5%	Financial investment growth quarterly	24: 6.7% Q1 23: 5.4% Q1 24: 7.0% Q1 23: 11.0% Q1	24: 2.0% Q1 23: 2.3% Q1 24: 1.8% Q1 23: 2.7% Q1	Households Corporations
Real GDP growth quarterly	24: 3.9% Q1 23: 2.8% Q1	24: 0.4% Q1 23: 1.3% Q1	Interest rate on loans	24: 4.8% May May 23: n/a 24: 3.7% May May 23: 3.0% 24: 5.2% May May 23: 4.7%	24: 7.9% May May 23: 7.7% 24: 3.8% May May 23: 3.7% 24: 5.0% May May 23: 4.6%	Households' consumption Households' home purchase Corporations
Source: ECB Data Portal 9

Executive Summary Macroeconomic Environment

Financials

Risk Management Additional information

Strong growth in interest income resulted in a net profit of EUR 45 mn

Profit and loss (EUR mn) account	6M 2023*	6M 2024*	Y-o-Y	Y-o-Y %
Net interest income	3 55	91 2	35 9	64 8
Net fee and commission income	13 0	16 7	3 7	28 3
Net other income	7 9	2 2	(5 7)	(71 9)
Operating income	76 3	110 1	33 8	44 4
Employee expenses	(18 3)	(27 5)	9 1	49 7
Administrative expenses	(14 9)	(21 9)	7 0	46 9
Depreciation	(3 3)	(5 6)	2 3	68 5
Operating expenses	(36 6)	(54 9)	18 4	50 3
Operating profit	39 7	55 2	15 5	38 9
Provisions	7 0	(0 6)	(7 6)	(108 6)
Tax	(4 4)	(9 5)	5 1	117 1
Profit after tax	42 4	45 1	2 7	6 4

* 6M in 2023 includes the result of the Bank's operations on a stand-alone basis, while 6M in 2024 includes the result of the integrated Bank (HPB + Nova hrvatska banka) in accordance with the integration of Nova hrvatska banka in July 2023

• The record half-year profit after tax results from a strong increase in net interest income
• Net interest income significantly above the first half of 2023 (+65%) primarily due to the market trend of interest rates and the higher volume of deposits with central banks and other financial institutions
• The growth of net fee and commission income of 28% in the observed period is the result of higher income from payment transactions, guarantees and other loan fees
• Net other income lower due to the absence of non-recurring effects such as those recorded in 2023, which related to the results of legal actions taken in favor of the Bank
• The movement of employee expenses primarily due to the impact of the integration of Nova hrvatska banka in 2023 and the increase in employees' material rights in 2024
• Operating expenses in the observed period increased in line with the integration of Nova hrvatska banka, the general increase in expenses and the increase in depreciation due to the activation of newly acquired assets
• Prudent credit policy, which is reflected in the quality of new loans, almost completely neutralized the cost of provisions for NPL portfolio, which is still below the long-term average

We continue to create value for the shareholders

Record operating income

Strong growth in core revenue categories

Higher level of expenses due to integration completely outpaced by significantly higher income CIR at 49.9%

Consolidation after enormous growth in 2023

Balance sheet (EUR mn)	31 12 2023	30 6 2024	YTD	YTD %
Cash and cash equivalents	3 103 ,	2 933 ,	(170)	(5 8)
Securities	915	965	50	2 5
Net loans and advances	2 908 ,	2 869 ,	(39)	(1 4)
Other assets	120	116	(3)	(3 0)
Total assets	7 046 ,	6 884 ,	(162)	(2 4)
Deposits	929 5 ,	761 5 ,	(168)	(2 9)
Loan liabilities	468	451	(17)	(3 8)
Other liabilities	115	93	(23)	(24 5)
Total liabilities	512 6 ,	305 6 ,	(207)	(3 3)
Total equity and reserves	534	579	45	7 8

• Total assets lower by EUR 162 mn compared to the end of 2023 mainly due to lower volume of a vista deposits, which on the asset side was reflected in a reduction of cash and cash equivalents
• In total deposits, term deposits recorded a growth of 6.8% in the observed period (30.6.: Super Štednja 2 amounts EUR 350 mn), with a simultaneous decrease in a vista deposits by 8.3%, primarily due to the continuation of the trend of overflowing a vista into term deposits as well as auctions of treasury bills of the Republic of Croatia, in February and May, with more attractive interest rates
• Loans remain flat with an improved structure of the loan portfolio
• Loan liabilities refer to MREL instruments and received loans from financial institutions (CBRD, CNB repo loans and foreign financial institutions), where reduction refers to regular repayment

Client deposits form the basis of financing

84% of total liabilities are related to deposits

Stable balance sheet structure

Liabilities and equity (EUR mn)

Improved quality of gross loan portfolio

The share of NPLs in total loans decreased by 1.5 pp

Gross loans share 31.12.2023 Gross loans share 30.6.2024

Improved NPL ratio with still high coverage

▪ Continuation of decreasing trend of the NPL ratio primarily due to further reduction of exposure to NPLs, while maintaining the coverage of NPLs at high levels and above the sector average, which ultimately contributes to the Bank's overall positive result

Continuation of the growth trend of term deposits in a challenging environment

Best Buy Award medal winner for saving products HPB Super Štednja 2

No. of contracts based on maturity and interest rates 30. 6. 2024

*including the transfer of regular income

	Super Štednja 2
▪	One of the most favorable savings offers from January 1, 2024.
▪	HPB winner of the Best Buy Award medal for saving in the category Bank that offers the best price-quality ratio on the Croatian market when it comes to savings options	products
▪	Strategy for retaining existing and attracting new clients

Executive Summary Macroeconomic Environment Financials

Risk Management

Additional information

A high level of capitalization that enables growth

15 35.91% MREL*

0

5

10

20

25

30

35

40

* The regulatory MREL requirement, as of June 30, 2024, is 31.31%, while the requirement for the regulatory capital adequacy rate is 16.96%

A highly diversified and stable credit portfolio

* Hrvatske autoceste are included in construction industry, with a share of 53.49% of the total exposure to that industry

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

Risk Management

Additional information

Significantly faster growth of the share value than the market

Sustainability report for 2023

In accordance with the international sustainability reporting framework of the Global Reporting Initiative (GRI)

SOCIETY

Implementation of the

ENVIRONMENT

Climate strategy until 2050

Defined principles, areas of influence, priorities and goals of the Bank in adjustment and mitigating climate change

OUR SUSTAINABLE PROGRESS IN 2023

Analysis of activities according to the Regulation on Taxonomy

An assessment of the acceptability and compliance of the Bank's activities was carried out

Calculation of

emissions

calculation of greenhouse gas emissions Ranges 1, 2

❖ Range 1 649.41 tCO2e

❖ Range 2 597.05 tCO2e

❖ Range 3 799,574.21 tCO2e

and 3

greenhouse gas Assessment of the significance of environmental

risks New methodology and

The first assessment of the materiality of environmental risks to other types of prudential risks was carried out

Green asset

ratio

Published green asset ratio (GAR - Green Asset Ratio) in accordance with the Taxonomy Regulation

❖ GAR: 0.75%

environment that enables a better worklife balance Corporative volunteering

Creating a work

Non-discrimination and diversity

In accordance with the

Development Goals of the UN (SDG), defined

Sustainable

and adopted: ❖ Principles of diversity and nondiscrimination

❖ Principles of protection of human and children's rights

Taking care of employees

❖ 7 actions

Support community

managerial positions

employees

Financial literacy activities expanded with new collaborations ❖ Foundation Hrvatska za djecu ❖ Toni Milun 2.0 Participation in the project: 'Sigurnije škole i vrtići' Cooperation with the academic community ❖ Support for student competitions (STEM organizational vitality survey, December 2023 ❖ 80% employeeparticipant Continuous investment in professional training and development of ❖ 335 educations A high proportion of women in management positions and a wide age range of employees ❖ 62.65% women in

Games, TVZ Mc2, Money Motion Student Hackathon, Organize Yout Talk)

❖ Support for awarding the best FERIT students Volontirajmo za Hrvatsku

GOVERNANCE

reporting

Development of an

sustainability data management and reporting

Key stakeholders involved in the dual materiality assessment process

Code of ethics Transparent

Implementation of the prescribed principles and guidelines that imply legal, ethical and professional conduct in business with all persons and entities with which the Bank is in contact Communication with stakeholders

Cooperation with suppliers

Principles for suppliers with high ethical standards and values, implemented in the procurement process

Principles of responsible banking application system for HPB is the first bank

in the Republic of Croatia to sign the UN principles for responsible banking, an analysis of the impact of the portfolio was carried out and key business segments with positive and negative effects were identified

Continuous publication of accurate, timely and reliable information about the Bank's impact on the environment and society

PwC's Recognition for the greatest progress in building public trust as an indicator of effort and investment in corporate improvement management and transparent communication COMPLIANCE WITH THE NORM FOR SOCIAL RESPONSIBILITY ISO 26000:2020 HRIO award - sustainability index in the Environmental Management category as a confirmation of the excellence of the Bank, which cares about the environment as one of the most important segments of sustainable business Employer Partner certificate, which is particularly due to investments in employee development, increase in material rights and continuous improvement of the organizational climate Recognition in the Business sector category from the Volunteer Oscar edition of the Volunteer Center Zagreb Extended certificate of CIPH Tvrtka prijatelj zdravlja as part of the National program Živjeti zdravo

28

Abbreviations

Abbreviation	Definition
CBRD	Croatian Bank for Reconstruction and Development
CET 1	Common Equity Tier 1
CIR	Cost-to-income ratio
CNB	Croatian National Bank
CROBEX	Croatian Benchmark Stock Exchange Index
ECB	European Central Bank
ESG	Environmental, Social and Governance
GDP	Gross Domestic Product
HICP	Harmonised index of consumer prices
HPB	Hrvatska poštanska banka
ISIN	International Securities Identification Number
LCR	Liquidity Coverage Ratio
MREL	Minimum Requirement for Own Funds and Eligible Liabilities
Q	Quarter
ROAA	Return on Average Assets
ROAE	Return on Average Equity
RWA	Risk-Weighted Assets
Stage 1 and 2	Performing Loans
Stage 3 or NPL	Non-Performing Loans
Y-o-Y	Year-over-Year
YTD	Year to Date
6M	First half

Indicies calculation

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

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

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

On behalf of HPB p.l.c.:

Marko Badurina Tadija Vrdoljak

Ivan Soldo Josip Majher Member of the Management Board Member of the Management Board

Anto Mihaljević Member of the Management Board

President of the Management Board Member of the Management Board

Management report of HPB p.l.c.

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

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

Ivan Soldo Josip Majher Member of the Management Board Member of the Management Board

Anto Mihaljević Member of the Management Board

Annex 1
		ISSUER'S GENERAL DATA
Reporting period:		1.1.2024.	to	30.06.2024.
Year:		2024
Quarter:		2
		Quarterly financial statements
Registration number (MB):	03777928		Issuer's home Member	HRVATSKA
			State code:
Entity's registration number (MBS):	080010698
Personal identification number (OIB):	87939104217		LEI:	529900D5G4V6THXC5P79
Institution code:	319
Name of the issuer:	HRVATSKA POŠTANSKA BANKA, p.l.c.
Postcode and town:	10000		ZAGREB
Street and house number:	JURIŠIĆEVA ULICA 4
E-mail address:	hpb@hpb.hr
Web address:	www.hpb.hr
Number of employees	1724
(end of the reporting
Consolidated report:	KN	(KN-not consolidated/KD-consolidated)		KN	KD
Audited:	RN	(RN-not audited/RD-audited)		RN	RD
Names of subsidiaries (according to IFRS):			Registered office:		MB:
					Yes
Bookkeeping firm:	No	(Yes/No)			No
Contact person: Tea Bažant				(name of the bookkeeping firm)
	(only name and surname of the contact person) Telephone: 014804670
	E-mail address: tea.bazant@hpb.hr
Audit firm:
	(name of the audit firm)
Certified auditor:	(name and surname)

BALANCE SHEET balance as at 30.06.2024.

in EUR

Submitter: HRVATSKA POŠTANSKA BANKA, p.l.c.
Item	ADP code	Last day of the preceding business year	Current period
1	2	3	4
Assets
Cash, cash balances at central banks and other demand deposits (from 2 to 4)	001		3,103,793,849 2,933,874,492
Cash in hand	002	136,782,367	138,618,855
Cash balances at central banks	003		2,957,462,257 2,785,318,866
Other demand deposits Financial assets held for trading (from 6 to 9)	004	9,549,225	9,936,771
Derivatives	005 006	54,809,698 612,632	55,509,502 0
Equity instruments	007	14,348,314	15,608,510
Debt securities	008	39,848,752	39,900,992
Loans and advances	009	0	0
Non-trading financial assets mandatorily at fair value through profit or loss (from 11 to 13)	010	490,500	495,957
Equity instruments	011	0	0
Debt securities	012	0	0
Loans and advances	013	490,500	495,957
Financial assets at fair value through profit or loss (15 + 16)	014	0	0
Debt securities	015	0	0
Loans and advances Financial assets at fair value through other comprehensive income	016	0	0
(from 18 to 20)	017	4,394,287	4,539,163
Equity instruments	018	4,394,287	4,539,163
Debt securities Loans and advances	019 020	0	0
Financial assets at amortised cost (22 + 23)	021	0	0 3,786,154,629 3,797,730,561
Debt securities	022	855,856,956	905,107,190
Loans and advances	023		2,930,297,673 2,892,623,371
Derivatives - hedge accounting	024	0	0
Fair value changes of the hedged items in portfolio hedge of interest rate risk	025	0	0
Investments in subsidiaries, joint ventures and associates	026	1,295,487	1,495,487
Tangible assets	027	60,791,774	55,849,370
Intangible assets	028	14,601,447	14,239,649
Tax assets	029	5,316,953	5,273,307
Other assets	030	14,404,364	13,988,234
Fixed assets and disposal groups classified as held for sale	031	0	742,073
Total assets (1 + 5 + 10 + 14 + 17 + 21 + from 24 to 31)	032		7,046,052,988 6,883,737,795
Liabilities
Financial liabilities held for trading (from 34 to 38)	033	16,165	182,699
Derivatives	034	16,165	182,699
Short positions	035	0	0
Deposits Debt securities issued	036 037	0 0	0 0
Other financial liabilities	038	0	0
Financial liabilities at fair value through profit or loss (from 40 to 42)	039	0	0
Deposits
Debt securities issued	040 041	0 0	0 0
Other financial liabilities	042	0	0
Financial liabilities measured at amortised cost (from 44 to 46)	043		6,418,350,046 6,225,266,242
Deposits	044		6,397,218,638 6,212,439,562
Debt securities issued	045	0	0
Other financial liabilities	046	21,131,408	12,826,680
Derivatives - hedge accounting	047	0	0
Fair value changes of the hedged items in portfolio hedge of interest rate risk	048	0	0
Provisions	049	41,571,561	36,596,403
Tax liabilities Share capital repayable on demand	050	7,508,138	5,873,630
Other liabilities	051 052	0 44,870,183	0 36,940,454
Liabilities included in disposal groups classified as held for sale	053	0	0
Total liabilities (33 + 39 + 43 + from 47 to 53)	054		6,512,316,093 6,304,859,428
Equity
Capital	055	161,970,000	161,970,000
Share premium	056	0	0
Equity instruments issued other than capital	057	0	0
Other equity Accumulated other comprehensive income	058	0	0
Retained profit	059 060	8,645,102 194,508,595	8,720,174 275,123,650
Revaluation reserves	061	0	0
Other reserves	062	87,998,143	87,998,143
( – ) Treasury shares	063	0	-3,920
Profit or loss attributable to owners of the parent	064	80,615,055	45,070,320
(-–) Interim dividends	065	0	0
Minority interests [non-controlling interests]	066	0	0
Total equity (from 55 to 66) Total equity and liabilities (54 + 67)	067 068	533,736,895	578,878,367 7,046,052,988 6,883,737,795

STATEMENT OF PROFIT OR LOSS for the period 01.01.2024. to 30.06.2024.

Submitter: HRVATSKA POŠTANSKA BANKA, p.l.c.

Item	ADP code		Same period of the previous year	Current period
		Cumulative	Quarter	Cumulative	Quarter
1	2	3	4	5	6
Interest income	001	60,617,029	33,056,039	129,613,124	64,397,065
(Interest expenses) (Expenses on share capital repayable on demand)	002 003	5,502,750 0	3,228,303 0	38,702,380 0	19,957,688 0
Dividend income	004	973,377	893,554	212,950	207,378
Fees and commissions income	005	32,109,824	16,653,019	36,194,967	19,316,430
(Fees and commissions expenses)	006	19,107,228	9,519,342	19,509,492	10,228,770
Gains or (-) losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net	007	0	0	0	0
Gains or (-) losses on financial assets and liabilities held for trading, net	008	2,176,440	1,269,262	1,603,725	795,128
Gains or losses on non-trading financial assets mandatorily at fair value through profit or loss, net	009	454,131	491,117	487	575
Gains or (-) losses on derecognition of financial assets and liabilities at fair value through profit or loss, net Gains or (-) losses from hedge accounting, net	010 011	0	0	0	0
Exchange rate differences [gain or (-) loss], net	012	0 -3,203	0 5,778	0 448,603	0 -177,567
Gains or (-) losses on derecognition of of investments in subsidiaries, joint
ventures and associates, net	013	0	0	0	0
Gains or (-) losses on derecognition of non-financial assets, net	014	0	0	69,773	59,435
Other operating income	015	6,364,967	6,067,513	1,658,027	1,377,039
(Other operating expenses)	016	3,279,062	2,387,676	1,698,281	953,545
Total operating income, net (1 – 2 – 3 + 4 + 5 – 6 + from 7 to 15 – 16) (Administrative expenses)	017 018	74,803,525 31,606,572	43,300,961 16,277,279	109,891,503 47,482,324	54,835,480 24,813,651
(Cash contributions to resolution boards and deposit guarantee schemes)	019	50,000	-313,060	0	0
(Depreciation)	020	4,673,084	2,330,829	7,200,569	3,431,906
Modification gains or (-) losses, net	021	-193,042	-41,112	-143,596	-69,656
(Provisions or (-) reversal of provisions)	022	-2,800,400	389,512	-32,546	994,556
(Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss) (Impairment or (-) reversal of impairment of investments in subsidiaries, joint	023	-5,680,963	-4,071,809	496,492	-240,211
ventures and associates)	024	0	0	0	0
(Impairment or (-) reversal of impairment on non-financial assets)	025	0	0	0	0
Negative goodwill recognised in profit or loss Share of the profit or (-) losses of investments in subsidiaries, joint ventures	026	0	0	0	0
and associates accounted for using the equity method	027	0	0	0	0
Profit or (-) loss from fixed assets and disposal groups classified as held for sale not qualifying as discontinued operations	028	0	0	0	0
Profit or (-) loss before tax from continuing operations (17 – 18 to 20 + 21 - from 22 to 25 + from 26 to 28)	029	46,762,190	28,647,098	54,601,068	25,765,922
(Tax expense or (-) income related to profit or loss from continuing	030	4,389,048	4,257,874	9,530,748	4,553,026
operations) Profit or (-) loss after tax from continuing operations (29 – 30)	031	42,373,142	24,389,224	45,070,320	21,212,896
Profit or (-) loss after tax from discontinued operations (33 – 34)	032	0	0	0	0
Profit or (-) loss before tax from discontinued operations	033	0	0	0	0
(Tax expense or (-) income related to discontinued operations)	034	0	0	0	0
Profit or ( – ) loss for the year (31 + 32; 36 + 37)	035	42,373,142	24,389,224	45,070,320	21,212,896
Attributable to minority interest [non-controlling interests]	036	0	0	0	0
Attributable to owners of the parent	037	42,373,142	24,389,224	45,070,320	21,212,896
STATEMENT OF OTHER COMPREHENSIVE INCOME
Income or (-) loss for the current year Other comprehensive income (40+ 52)	038 039	42,373,142 373,429	24,389,224 373,429	45,070,320 75,071	21,212,896 -168,600
Items that will not be reclassified to profit or loss (from 41 to 47 + 50
+ 51)	040	373,429	373,429	75,071	-168,600
Tangible assets Intangible assets	041 042	0 0	0 0	0 0	0 0
Actuarial gains or (-) losses on defined benefit pension plans	043	0	0	0	0
Fixed assets and disposal groups classified as held for sale Share of other recognised income and expense of entities accounted	044	0	0	0	0
for using the equity method Fair value changes of equity instruments measured at fair value	045 046	0 456,662	0 456,662	0 145,382	0 -205,610
through other comprehensive income
value through other comprehensive income, net other comprehensive income [hedged item]	047 048	0 0	0 0	0 0	0 0
other comprehensive income [hedging instrument]	049	0	0	0	0
Fair value changes of financial liabilities measured at fair value through profit or loss attributable to changes in their credit risk	050	0	0	0	0
Income tax relating to items that will not be reclassified	051	-83,233	-83,233	-70,311	37,010
Items that may be reclassified to profit or loss (from 53 to 60)	052	0	0	0	0
Hedge of net investments in foreign operations [effective portion]	053	0	0	0	0
Foreign currency translation	054	0	0	0	0
Cash flow hedges [effective portion]	055	0	0	0	0
Hedging instruments [not designated elements]	056	0	0	0	0
Debt instruments at fair value through other comprehensive income	057	0	0	0	0
Fixed assets and disposal groups classified as held for sale	058	0	0	0	0
Share of other recognised income and expense of investments in subsidiaries, joint ventures and associates	059	0	0	0	0
Income tax relating to items that may be reclassified to profit or (-) loss	060	0	0	0	0
Total comprehensive income for the current year (38 + 39; 62 + 63)	061	42,746,571	24,762,653	45,145,391	21,044,296
Attributable to minority interest [non-controlling interest] Attributable to owners of the parent	062 063	0 42,746,571	0 24,762,653	0 45,145,391	0 21,044,296

in EUR

STATEMENT OF CASH FLOW for the period 01.01.2024 to 30.06.2024.

in EUR

Submitter: HRVATSKA POŠTANSKA BANKA, p.l.c.
Item	ADP code	Same period of the previous year	At the reporting date of the current period
1	2	3	4
Operating activities - direct method
Interest received and similar receipts	001
Fees and commissions received	002
(Interest paid and similar expenditures)	003
(Fees and commissions paid)	004
(Operating expenses paid) Net gains/losses from financial instruments at fair value through statement of profit or loss	005 006
Other receipts	007
(Other expenditures)	008
Operating activities - indirect method
Profit/(loss) before tax	009	46,762,190	54,601,068
Adjustments:		0	0
Impairment and provisions	010	-8,288,321	463,946
Depreciation	011	4,673,084	7,200,569
Net unrealised (gains)/losses on financial assets and liabilities at fair value	012	-2,630,571	-1,604,212
through statement of profit or loss
(Profit)/loss from the sale of tangible assets	013	0	-69,773
Other non-cash items Changes in assets and liabilities from operating activities	014	-55,114,279	-91,428,701
Deposits with the Croatian National Bank	015	0	0
Deposits with financial institutions and loans to financial institutions	016	0	0
Loans and advances to other clients	017	81,356,605	37,674,302
Securities and other financial instruments at fair value through other	018	-3,222,364	-144,876
comprehensive income Securities and other financial instruments held for trading	019	1,206,829	-699,805
Securities and other financial instruments at fair value through statement	020	0	0
of profit or loss, not traded Securities and other financial instruments mandatorily at fair value through
statement of profit or loss	021	0	-5,457
Securities and other financial instruments at amortised cost	022	-26,921,398	-49,250,234
Other assets from operating activities	023	2,336,644	416,128
Deposits from financial institutions	024	119,807,193	78,337,329
Transaction accounts of other clients	025	683,252,405	-340,224,810
Savings deposits of other clients Time deposits of other clients	026 027	-1,002,224,920 150,872,379	-18,658,554 112,720,132
Derivative financial liabilities and other liabilities held for trading	028	312,563	166,534
Other liabilities from operating activities	029	236,731,389	-12,067,038
Interest received from operating activities [indirect method]	030	60,617,029	129,613,124
Dividends received from operating activities [indirect method]	031	973,377	212,950
Interest paid from operating activities [indirect method]	032	-5,502,750	-38,702,380
(Income tax paid)	033	0	-11,121,610
Net cash flow from operating activities (from 1 to 33)	034	284,997,084	-142,571,368
Investing activities
Cash receipts from the sale / payments for the purchase of tangible and intangible assets	035	-9,455,427	-10,201,094
Cash receipts from the sale / payments for the purchase of investments in branches, associates and joint ventures	036	0	0
Cash receipts from the sale / payments for the purchase of securities and other financial instruments held to maturity	037	0	0
Dividends received from investing activities	038	0	0
Other receipts/payments from investing activities	039	0	-200,000
Net cash flow from investing activities (from 35 to 39)	040	-9,455,427	-10,401,094
Financing activities
Net increase/(decrease) in loans received from financing activities	041	37,736,969	-16,953,174
Net increase/(decrease) in debt securities issued	042	0	0
Net increase/(decrease) in Tier 2 capital instruments	043	0	0
Increase in share capital	044	0	0
(Dividends paid)	045	0	0
Other receipts/(payments) from financing activities	046	0	0
Net cash flow from financing activities (from 41 to 46) Net increase/(decrease) of cash and cash equivalents (34 + 40 + 47)	047 048	37,736,969 313,278,626	-16,953,174 -169,925,636
Cash and cash equivalents at the beginning of period	049	1,325,718,840	3,103,793,849
Effect of exchange rate fluctuations on cash and cash equivalents	050	-3,203	6,279
Cash and cash equivalents at the end of period (48 + 49 + 50)	051	1,638,994,263	2,933,874,492

STATEMENT OF CHANGES IN EQUITY

for th eri od fro e p	m	to	30. 6.2 024												in E UR
			Attr ibut able of the Non lling to t ntro own ers pa ren -co								int st ere
Sou s of uity ch rce eq ang es	AD P cod e	Equ ity	Sha re pre miu m	Equ ity inst ent rum s issu ed o the r tha pita l n ca	Oth qui ty er e	Acc ulat ed um oth er hen si com pre ve i nco me	Reta ined prof it	Rev alua tion rese rves	Oth er rese rves	( ) T reas ury sha res	Prof it or ( - ) loss attri buta ble to of th own ers e nt pare	(-) In terim divi den ds	Acc ulat ed um oth er hen si com pre ve i nco me	Oth er i tem s	Tot al
1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16
Ope ning ba lanc e [b efo est ate t] re r men	001	161 ,970 ,000	0	0	0	8,6 45, 102	194 ,508 ,594	0	87, 998 ,14 4	0	80, 615 ,05 5	0	0	0	533 ,736 ,895
Effe of e ions cts rect rror cor	002	0	0	0	0	0	1	0	0	0	0	0	0	0	1
Effe cts of c han in a unt ing pol icie ges cco s	003	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ope ning ba lanc e [c erio d] ( 3) nt p 1 + 2 + urre	004	161 ,970 ,000	0	0	0	8,64 5,10 2	194 ,508 ,595	0	87,9 98,1 44	0	80,6 15,0 55	0	0	0	533 ,736 ,896
Ord inar y sh iss ares ue	005	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Pre fere sha issu nce res e	006	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issu e of oth quit y in stru ts er e men	007	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Exe rcis pira tion of oth qui ty i nst ent e o r ex er e rum s issu ed	008	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Con ion of re iabl uity inst es t ents vers cev o eq rum	009	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cap ital red ion uct	010	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Divi den ds	011	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Pur cha f tre hare se o asu ry s s	012	0	0	0	0	0	0	0	0	-3,9 20	0	0	0	0	-3,9 20
Sale cell atio n of tre hare or can asu ry s s	013	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Rec lass ifica tion of f inan cial inst fro quit ents y to rum m e liab ility	014	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Rec lass ifica tion of f inan cial inst fro m li abil ity t ents rum o ity equ	015	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tra nsfe s of uity ent rs a mo ng c om pon eq	016	0	0	0	0	0	80, 615 ,05 5	0	0	0	-80 ,61 5,0 55	0	0	0	0
Equ ity i r ( - ) d sult ing from ncr eas e o ecr eas e re bus ines mb inat ions s co	017	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Sha re b d p ent ase aym s	018	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Oth er i r (-) de in e qui ty ncr eas e o cre ase	019	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tot al c hen sive inc e fo r th t ye om pre om e cu rren ar	020	0	0	0	0	071 75,	0	0	0	0	45, 070 ,32 0	0	0	0	45,1 45,3 91
Clo sing ba lanc e [c erio d] ( from 4 t o 20 ) nt p urre	021	161 ,970 ,000	0	0	0	8,72 0,17 3	275 ,123 ,650	0	87,9 98,1 44	-3,9 20	45,0 70,3 20	0	0	0	578 ,878 ,367

Notes to financial statements
1) INTEREST INCOME				in EUR
AOP 001	Same period of the previous year 01.01.- 30.06.2023.		Current period 01.01. – 30.06.2024.
	Cumulative	Quarter	Cumulative	Quarter
Debt securities Loans and advances	6,888,495 40,020,316	3,914,303 20,423,467	10,674,095 63,191,869	5,138,828 31,625,396
Other assets Deposits	13,708,218 -	8,718,268 -	55,747,160 -	27,632,841 -
Other liabilities Total	- 60,617,029	- 33,056,039	- 129,613,124	- 64,397,065
2) INTEREST EXPENSE				in EUR
AOP 002	Same period of the previous year 01.01.- 30.06.2023.		Current period 01.01. – 30.06.2024.
	Cumulative	Quarter	Cumulative	Quarter
Debt securities Loans and advances	- 3,539	- 1,020	- 150	- 45
Other assets Deposits	- 5,494,474	- 3,224,204	- 38,495,956	- 19,937,903
Other liabilities	4,736	3,079	206,274	19,740
Total	5,502,750	3,228,303	38,702,380	19,957,688
3) FEE AND COMMISSION INCOME	Same period of the previous year			in EUR
AOP 005	01.01.- 30.06.2023. Cumulative	Quarter	Current period 01.01. – 30.06.2024. Cumulative	Quarter
Payment transactions	19,246,034	9,641,674	19,905,399	10,284,167
Account and package fees Card business	4,827,428 2,060,504	2,411,610 1,091,934	6,011,632 2,469,503	3,073,505 1,280,274
Mobile and Internet banking Other	964,017 5,011,841	491,705 3,016,096	1,248,334 6,560,098	617,154 4,061,329
Total	32,109,824	16,653,019	36,194,967	19,316,429
4) FEE AND COMMISSION EXPENSE				in EUR
AOP 006	Same period of the previous year 01.01.- 30.06.2023.		Current period 01.01. – 30.06.2024.
Payment transactions	Cumulative 13,707,304	Quarter 6,715,061	Cumulative 12,590,839	Quarter 6,399,879
Other Total	5,399,924 19,107,228	2,804,281 9,519,342	6,918,653 19,509,492	3,828,892 10,228,770
				in EUR
5) GAIN/LOSSES ON TERMINATION OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES AOP 007	Same period of the previous year		Current period 01.01. – 30.06.2024.
	01.01.- 30.06.2023. Cumulative	Quarter	Cumulative	Quarter
Debt securities Loans and advances	- -	- -	- -	- -
Deposits	-	-	-	-
Debt Securities issued Other financial liabilities	- -	- -	- -	- -
Total	-	-	-	-
6) GAINS OR (-) LOSSES ON FINANCIAL ASSETS AND LIABILITIES HELD FOR TRADING	Same period of the previous year			in EUR
AOP 008	01.01.- 30.06.2023.		Current period 01.01. – 30.06.2024.
Equity instruments	Cumulative 1,252,977	Quarter 692,005	Cumulative 1,284,801	Quarter 140,999
Debt securities FX transactions and derivatives	68,106 855,357	63,960 513,297	62,232 256,692	104,443 549,686
Total	2,176,440	1,269,262	1,603,725	795,128
7) GAINS OR LOSSES ON NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS				in EUR
AOP 009	Same period of the previous year 01.01.- 30.06.2023.		Current period 01.01. – 30.06.2024.
	Cumulative	Quarter	Cumulative	Quarter
Equity instruments Debt securities	- -	- -	- -	- -
Loans and advances Total	454,131 454,131	491,117 491,117	487 487	574 574
				in EUR
8) OPERATING EXPENSES AOP 015 & AOP 017 & AOP 018	Same period of the previous year		Current period 01.01. – 30.06.2024.
	01.01.- 30.06.2023. Cumulative	Quarter	Cumulative	Quarter
Other operating expenses Administrative expenses	3,279,062 31,606,572	2,387,676 16,277,279	1,698,281 47,482,324	953,544 24,813,651
Employee expenses	18,345,191	9,540,885	27,471,760	14,186,159
Other administrative expenses (Contributions in cash rehabilitation committees and Deposit Insurance Schemes)	13,261,381 50,000	6,736,394 (313,060)	20,010,564 -	10,627,492 -
Amortization Property, plant and equipment	4,673,084 2,775,756	2,330,829 1,204,455	7,200,569 4,402,253	3,431,907 2,060,536
Investment property	-	-	-	-
Other intangible assets Total	1,897,327 39,608,717	1,126,374 20,682,723	2,798,316 56,381,174	1,371,370 29,199,102
9) IMPAIRMENT LOSSES AND PROVISION EXPENSES				in EUR
AOP 019 & AOP 020 & AOP 021 & AOP 023	Same period of the previous year 01.01.- 30.06.2023.		Current period 01.01. – 30.06.2024.
	Cumulative	Quarter	Cumulative	Quarter
Modification gains or (-) losses, net Financial assets at fair value through other comprehensive income	(193,042) -	(41,112) -	(143,596) -	(69,655) -
Financial assets at amortized cost (Provisions or (-) reversal of provisions)	(193,042) (2,800,400)	(41,112) 389,512	(143,596) (32,546)	(69,655) 994,555
Liabilities towards resolution committees and deposit insurance systems	-	-	-	-
(Liabilities and Guarantees) (Other Provisions)	(2,469,984) (330,416)	(128,084) 517,596	651,930 (684,477)	834,658 159,897
(Impairment or (-) reversal of impairment on financial assets that are not measured at fair value through profit or loss)	(5,680,963)	(4,071,809)	496,492	(240,211)
(Financial assets at fair value through other comprehensive income)	-	-	-	-
(Financial assets at amortized cost) (Impairment or (-) reversal of impairment off of investments in subsidiaries, joint	(5,680,963)	(4,071,809)	496,492	(240,211)
ventures, and associates) (Impairment or (-) reversal of impairment off non-financial assets)	- -	- -	- -	- -
(Property, plant and equipment)	-	-	-	-
(Investment property) (Goodwill)	- -	- -	- -	- -
(Other intangible assets) (Other)	- -	- -	- -	- -
Total	(8,288,320)	(3,641,185)	607,541	824,000
10) LOANS AND ADVANCES						in EUR
AOP 023	Stage 1	31.12.2023. Stage 2	Stage 3	Stage 1	30.06.2024. Stage 2	Stage 3
Central banks Mandatory reserve	- -	- -	- -	455,300 -	- -	- -
Allowance Other receivables	- -	- -	- -	- 455,300	- -	- -
Allowance	-	-	-	-	-	-
Government Gross loans	448,859,075 450,089,885	1,773,946 1,805,576	2,846,111 2,916,570	393,613,694 394,706,996	58,338 61,536	2,813,643 2,883,854
Allowance Credit institutuions	(1,230,810) 1,564,563	(31,630) -	(70,459) 168	(1,093,302) 133,338	(3,198) -	(70,211) -
Gross loans Allowance	16,432 -	- -	172 (4)	1,728 -	- -	- -
Deposits	1,551,167	-	-	132,081	-	-
Allowance Other financial institutions	(3,035) 37,699,866	- 6,402	- 527	(470) 42,967,187	- 2,273	- 146
Gross loans Allowance	35,792,179 (197,893)	11,336 (4,934)	132,772 (132,245)	41,007,253 (214,966)	2,472 (199)	160 (14) -
Deposits Allowance	2,157,717 (52,138)	- -	- -	2,227,257 (52,357)	- -	-
Non - financial institutions Gross loans	652,151,087 661,450,783	186,276,332 195,925,509	36,332,874 98,793,546	707,672,696 716,526,279	152,004,140 159,813,471	24,458,351 84,628,087
Allowance	(9,299,697)	(9,649,177)	(62,460,672)	(8,853,584)	(7,809,331)	(60,169,736)
Retail Gross loans	1,273,097,668 1,279,022,452	255,463,828 277,544,147	34,225,225 167,697,343	1,294,990,504 1,300,409,746	242,047,972 262,996,119	31,405,789 169,968,493
Allowance Total	(5,924,784) 2,413,372,259	(22,080,319) 443,520,509	(133,472,118) 73,404,905	(5,419,242) 2,439,832,718	(20,948,147) 394,112,723	(138,562,703) 58,677,929
11) NON-TRADING FINANCIAL ASSETS MEASURED AT FAIR VALUE THROUGH PROFIT OR LOSS AOP 013	31.12.2023.	in EUR 30.06.2024.
Central banks Local state	- -	- -
Credit institutions	-	-
Other financial institutions Non - financial institutions	- -	- -
Retail Total	490,500 490,500	495,957 495,957
12) DEPOSITS		in EUR
AOP 044	31.12.2023.	30.06.2024.
Central banks Local state	73,698,625 1,850,606,910	73,797,469 1,597,303,580
Credit institutions Other financial institutions	119,203,207 317,689,710	186,352,789 352,740,158

Non - financial institutions 897,267,392 712,280,169 Retail 3,138,752,794 3,289,965,397 Total 6,397,218,638 6,212,439,562