Banca Transilvania (TLV) investor relations material

Executive summary

• Net profit for H1 2026 reached RON 2.5 billion, up 26.8% year-over-year, reflecting strong business momentum, customer growth, and robust capital and profitability despite macroeconomic headwinds.

• Nearly RON 25 billion in new financings were granted, with over 250,000 new customers added in the first six months.

• Digital transformation and sustainability initiatives drove customer engagement and impact, with significant increases in account openings and business volumes.

• The bank distributed dividends of RON 1,400 million and made AT1 distributions of RON 93 million in H1 2026.

Financial highlights

• Group assets reached RON 233.3 billion as of June 30, 2026, up 4% from December 2025; net loans and lease receivables rose to RON 115.7 billion, up 8.4% from December 2025.

• Net interest income for H1 2026 was RON 4,162 million, up 6.3% year-over-year; net fee and commission income rose 18% to RON 936 million.

• Cost-to-income ratio was 44.6% (group), or 38.3% excluding turnover tax; operating income reached RON 6,389 million.

• Return on equity at 22%, exceeding the 20% target.

• Basic earnings per share for H1 2026 was RON 1.9389, up 24.2% year-over-year.

Outlook and guidance

• Double-digit loan growth expected for full year 2026, mainly driven by large and mid-size companies.

• Cost-to-income ratio expected to remain stable or improve in the second half; risk cost guidance maintained at 70 basis points for 2026.

• Focus for H2 2026 includes further developing the financial ecosystem and strengthening integration of banking, investment, microfinancing, and pension solutions.

• No material impact anticipated from upcoming IFRS 18 and CRR3/CRD6 regulatory changes.

• Planning another bond issuance in Q4 2026, maintaining strong capital buffers.