Financial results, EURt	9 quarters	Q1-22	Q4-21	△ quarter
Net interest income		25.787	28.163	-2,376
Net fee and commission income	------------------------------------------------------------------------------------------------------------------------------------------------------------------------------	10.346	15,251	-4,905
Other income	- -----	-1.349	-737	-612
Total revenue		34.784	42,677	-7,893
Total expenses		18.865	18,247	+619
Earnings before impairment		15,919	24.431	-8,512
Impairment losses on loans		735	1,694	-959
Income tax expense		2,801	3,395	-594
Net income	------------------------------------------------------------------------------------------------------------------------------------------------------------------------------	12,383	19,342	-6,959

Business volumes, EURm	9 quarters	Q1-22	Q4-21	△ quarter
Deposits from customers		5.410	5,808	-397
Loans (net)		2.753	2,677	+75
Assets under management		1,362	1.349	+13
Customers, thous.		517	513	+4
Fin. intermediaries' payments, thous. pcs		6,592	7,343	-751
Key figures	9 quarters	Q1-22	Q4-21	△ quarter
Cost / income ratio (C/I)		54.2%	42.8%	+ 11.5 pp
pre-tax ROE*		18.1%	30.1%	- 12.0 pp
ROE*	------------------------------------------------------------------------------------------------------------------------------------------------------------------------------	14.7%	25.7%	- 10.9 pp

Net profit behind the financial plan by -2.6 EURm

Financial results, EURt	13 months	Mar 22	YTD22	YTD21	FP YTD	A YTD FP
Total revenue, incl.		13,111	34.784	28,765	39,056	-4,272
Net interest income		9,290	25,787	20,372	26,046	-259
Net fee and commission income		3,888	10.346	8.729	12,699	-2,353
Total operating expenses		6,780	18,865	13,760	18,575	+291
Earnings before impairment		6,331	15.919	15.005	20,481	-4,562
Impairment losses on loans		839	735	1.601	2,263	-1,528
Income tax		1,254	2,801	1,988	3,216	-415
Net profit, incl.		4,238	12,383	11,417	15,003	-2,620
attr, to shareholders		3,998	11,880	11,043	14,519	-2,639
Business volumes, EURm	13 months	Mar 22	YTD22	YTD21	FP YTD	A YTD FP
Deposits from customers		5,410	5,410	4.734	5,550	-140
Loans (net)		2.753	2.753	2,304	2.739	+14
Assets under management		1,362	1,362	1,587	1,348	+14
Fin. intermediaries' payments, thous. pcs		2,335	6,592	6,639	7,465	-873
Key figures	13 months	Mar 22	YTD22	YTD21	FP YTD	A YTD FP
Cost / income ratio (C/I)		51.7%	54.2%	47.8%	47.6%	+ 6.7 pp
Net interest margin (NIM)		1.7%	1.6%	1.5%	1.6%	- 0.0 pp
pre-tax ROE*		18.9%	18.1%	21.3%	21.2%	3.1 pp
ROE*		14.4%	14.7%	18.2%	17.9%	- 3.2 pp
ROA		0.8%	0.7%	0.9%	0.9%	- 0.2 pp

Tranquil beginning of the year

Financial results, EURt	9 quarters	Q1-22	Q4-21	△ quarter
Net interest income		25,875	28,322	-2,447
Net fee and commission income	------------------------------------------------------------------------------------------------------------------------------------------------------------------------------	7,790	10,531	-2,742
Other income	-------	-1.431	-955	-476
Total revenue		32,233	37,898	-5,665
Total expenses		14.379	14,270	+109
Earnings before impairment	------------------------------------------------------------------------------------------------------------------------------------------------------------------------------	17,854	23,628	-5,774
lmpairment losses on loans		735	1,694	-959
Income tax expense		2,269	3,289	-1,020
Net income	------------------------------------------------------------------------------------------------------------------------------------------------------------------------------	14,851	18,645	-3,795

Business volumes, EURm	9 quarters	Q1-22	Q4-21	△ quarter
Deposits from customers		5,437	5.847	-410
Loans (net)		2.753	2,677	+75
Customers, thous.		355	340	+15

Key figures	9 quarters	Q1-22	Q4-21	△ quarter
Cost / income ratio (C/I)		44.6%	37.7%	+ 7.0 pp
pre-tax ROE*		23.3%	32.5%	- 9.2 pp
ROE*	------------------------------------------------------------------------------------------------------------------------------------------------------------------------------	20.2%	27.6%	- 7.5 pp
Net interest margin		1.6%	1.7%	- 0.1 pp

Financial results, EURt	13 months	Mar 22	YTD22	YTD21		FP YTD
Total revenue, incl.		12,013	32,233	26,684	36,108	-3,875
Net interest income		9,268	25,875	20,757	26,158	-283
Net fee and commission income		2,948	7.790	6,365	9.762	-1,972
Total operating expenses		4,981	14.379	11,448	14,214	+164
Earnings before impairment		7,033	17,854	15,237	21,894	-4,039
Impairment losses on loans		839	735	1,601	2,263	-1,528
Income tax		803	2,269	1,874	2,683	-415
Net profit		5,391	14,851	11,762	16,948	-2,097
Business volumes, EURm	13 months	Mar 22	YTD22	YTD21	FP YTD	A YTD FP
Deposits from customers		5,437	5,437	4,766	5,586	-149
Loans (net)		2,753	2,753	2,304	2,739	+14
Key figures	13 months	Mar 22	YTD22	YTD21	FP YTD	A YTD FP
Cost / income ratio (C/I)		41.5%	44.6%	42.9%	39.4%	5.2 pp +
Net interest margin (NIM)		1.7%	1.6%	1.6%	1.6%	0.0 pp
T1 capital adequacy		15.2%	15.2%	15.8%	15.3%	0.1 pp
Total capital adequacy

•

Financial results, EURt	9 quarters	Q1-22	Q4-21	Δ quarter
Total revenue	--------	1,959	4.543	-2,584
Total expenses	------------------------------------------------------------------------------------------------------------------------------------------------------------------------------	1,877	1,777	+100
EBIT		82	2,766	-2,684
Net financial income		103	236	-133
Income tax expense		830	0	+830
Net profit	-------	-646	3,001	-3,647

Business volumes, EURm	9 quarters	Q1-22	Q4-21	△ quarter
Pillar II pension funds		1,301	1,290	+11
Pillar III pension funds		54	51	+2
Eurofunds		7	7	-0
Active customers of PII funds, th.		135	138	-3

Key figures	9 quarters	01-22	Q4-21	Δ quarter
Cost / income ratio (C/I)	-----	91.1%	37.2%	+ 53.9 pp
pre-tax ROE	-----	3.0%	46.0%	43.0 pp l
ROE	-----	-10.4%	46.0%	- 56.4 pp

Financial results, EURt	13 months	Mar 22	YTD22	YTD21	FP YTD	A YTD FP
Total revenue		703	1,959	2,307	1,941	+18
Total expenses		780	1,877	1,755	1,794	+84
Operating profit		-78	82	553	147	-66
Net financial income		150	103	113	132	-29
Income tax		830	830	1,241	830	+0
Net profit		-758	-646	-576	-551	-95
Business volumes	13 months	Mar 22	YTD22	YTD21	FP YTD	A YTD FP
Assets under management, EURm		1,362	1,362	1,587	1,348	+14
Active customers of PII funds, thous.		135	135	177	136	-1
Key figures	13 months	Mar 22	YTD22	YTD21	FP YTD	A YTD FP
Cost / income ratio (C/I)		91.5%	91.1%	72.5%	86.5%	+ 4.5 pp

Financial results, EURt	9 quarters	Q1-22 Q4-21		Δ quarter
Total revenue	------------------------------------------------------------------------------------------------------------------------------------------------------------------------------	142	218	-76
Total expenses		642	434	+208
Technical result		-500	-216	-284
Net investments income	1	1	4	-2
Net profit		-499	-213	-286

Business volumes	9 quarters	Q1-22	Q4-21	△ quarter
Gross written premium, EURt		1,748	1.559	+189
No of Customers (thous.)		147	143	+3

Key figures	9 quarters	Q1-22	Q4-21	△ quarter
Net loss ratio	------------------------------------------------------------------------------------------------------------------------------------------------------------------------------	81.6%	70.9%	+ 10.7 pp
Net expense ratio		58.0%	51.8%	+ 6.2 pp
pre-tax ROE		-31.1%	-12.6%	- 18.6 pp
ROE		-31.1%	-12.6%	- 18.5 pp

Financial results, EURt	13 months	Mar 22	YTD22	YTD21		FP YTD Δ YTD FP
Total revenue, incl.		88	142	89	521	-379
Net earned premiums		469	1,263	91	1,210	+53
Net incurred losses		348	1,030		ਦਰੰਬ	+431
Total expenses		224	642	365	662	-20
Technical result		-136	-500	-276	-141	=359
Net investments income		-10	1	0	6	-4
Net profit		-146	-498	-276	-136	-363
Business volumes	13 months	Mar 22	YTD22	YTD21		FP YTD Δ YTD FP
Gross written premium, EURt		681	1,748	2,136	2,276	-528
No of Customers (thous.)		147	147	126	na	na
Key figures	13 months	Mar 22	YTD22	YTD21		FP YTD △ YTD FP
Net loss ratio		74.1%	81.6%	1.4%	49.5%	+ 32.0 pp
Net expense ratio		54.9%	58.0%	403.1%	62.2%	4.1 pp