Alpha Bank (ALPHA) investor relations material

Strategic direction

• 2026–30 strategy shifts from balance-sheet repair and profitability recovery to holistic client growth, deeper relationships and shareholder value.

• The 2023–25 plan exceeded targets: RoTE reached 13.8% vs. >12%, organic capital generation €3.4bn vs. €2.3bn, and EPS €0.36 vs. >€0.30.

• One relationship manager will coordinate business clients’ needs and specialists, broadening coverage across financing, payments, markets and advice.

Growth engines and expansion

• Wholesale loans target ~7% annual growth and business deposits ~4% in 2026–30; wholesale and investment banking fees target >20% growth by 2030.

• Business banking targets 30% more cross-selling to existing lending clients, using AXIA, transaction banking, FlexFin and UniCredit’s network.

• Wealth targets include average assets per private banker +60%; affluent clients investing >66% vs. 40%, and non-affluent client investment +80% by 2030.

• Cyprus targets >€20m annual synergies by 2027, ~13% loan-book growth and 18% of group profits by 2030; net profit share target is ~10% vs. ~6% in 2025.

• UniCredit’s 13-country network extends cross-border coverage; trade finance volumes doubled, international guarantees grew >4x, and cross-border payment volumes rose up to 4x.

Technology and execution

• Technology spend is ~€0.9bn in 2027–30, with close to 40% for client-facing capabilities; AI targets ~€100m recurring gross annual benefits by 2030, split equally between revenue and cost.

• Priorities include unified client data and wealth platforms, digital lending and transaction banking, and AI-supported credit and servicing workflows.

• Targets include ~15% higher central operations productivity, technology delivery >30% faster and at 20% lower cost, and 30% of support roles shifting to relationship-manager roles.