Regional S.A.B (RA) investor relations material

Executive summary

• Net income for 1Q26 was MXN 1,515 million, down 7% year-over-year and 17% sequentially, reflecting disciplined execution amid a challenging Mexican macroeconomic environment.

• Total assets grew 13% year-over-year to MXN 287,969 million, with total loans up 9% to MXN 197,120 million.

• Core deposits rose 13% year-over-year to MXN 199,047 million, driven by a 21% rise in time deposits.

• Hey Banco completed its spin-off, is now fully independent, reached profitability, and is prioritizing quality over scale.

• Focus remains on expanding presence in key regions, strict cost control, credit underwriting discipline, and diversifying income streams.

Financial highlights

• Financial margin increased 3% year-over-year to MXN 3,826 million, but fell 5% sequentially.

• Operating expenses rose 11% year-over-year, mainly due to technology investments and geographic expansion, resulting in an efficiency ratio of 43.0%.

• Interest income declined 4% year-over-year to MXN 7,323 million, while interest expenses fell 11%.

• Operating income decreased 4% year-over-year and 14% sequentially.

• Insurance income rose 41% to MXN 265 million; FX fees declined 19%.

Outlook and guidance

• Net interest margin (NIM) expected to normalize from Q2 as deposit repricing stabilizes; full-year NIM expected at the lower end of guidance, around 6%.

• Loan growth guidance remains high single digits (8-9%), with Hey Banco expected to maintain 20% growth.

• Provisioning guidance maintained at 0.9%-1% for the full year.

• Operating expenses projected to grow in the low teens for the year, with expense growth expected to moderate as investment cycle matures.

• Dividend policy remains aligned with operating results, capital needs, and growth estimates.