BRD - Groupe Société Générale (BRD) investor relations material

Executive summary

• Achieved resilient commercial and financial performance in Q1 2026, with net loans up 8% YoY and deposits up 14% YoY, despite a challenging macroeconomic environment.

• Net profit for Q1 2026 reached 369m RON, up 14% YoY (excluding turnover tax), with ROE around 16%.

• Lending growth was driven by both private individuals and large corporates, each up 10% YoY.

• Maintained strong digital engagement, with 1.92m YouBRD users (+12% YoY) and 35% higher transaction value.

• Total assets increased to 100,515,361 thousand RON as of 31 March 2026.

Financial highlights

• Net banking income was RON 1,062m, down 1.7% YoY; operating expenses decreased by 3% YoY.

• Gross operating income remained stable at RON 506m.

• Earnings per share rose to 0.5294 RON from 0.5029 RON YoY.

• Cost/income ratio improved to 52.4% from 53.1% YoY.

• Loans and advances to customers (net) stood at 53,767,227 thousand RON.

Outlook and guidance

• Growth expected to remain modest in 2026, with Romania's GDP projected at +0.7% and inflation expected to decline in H2 2026.

• Continued focus on disciplined growth, operational efficiency, and digital transformation.

• Management confirmed the going concern basis, citing strong financial position and access to resources.