Banco de Sabadell (SAB) investor relations material

Opening remarks and agenda

• The meeting opened with a welcome to shareholders, both in person and remotely, and highlighted the bank's 145th anniversary and the significance of the year, including the rejection of a takeover bid.

• The agenda included a review of financial performance, board updates, voting on motions, and remarks from the incoming CEO.

• Quorum was established at 71.62%, the highest in recent years.

Financial performance review

• Net profit for 2025 reached EUR 1.775 billion, with ROTE at 14.3% and a fully loaded CET1 ratio of 13.11%.

• Share price surged 79% in 2025, and total shareholder remuneration was close to 9% of market capitalization.

• Lending grew by 2.4% overall and 5.2% in Spain; customer funds increased by 4.3%.

• Asset quality improved, with NPL ratio down to 2.37% and cost of risk at 31 basis points.

• Liquidity Coverage Ratio reached 186%, and capital generation was robust.

Board and executive committee updates

• Marc Armengol was appointed as the new CEO, replacing César González-Bueno, who was recognized for his transformative leadership.

• Carlos Ventura was appointed as executive director, and several independent directors were reappointed.

• The board composition now meets the 40% target for women directors.