Artea bankas (ROE1L) Investor presentation summary

Business overview and positioning

• Largest independently managed financial institution in Lithuania, offering a wide range of banking, asset management, and insurance services.

• Listed on Nasdaq Baltic since 1994, with a market capitalization of €580 million and the most extensive branch network in Lithuania.

• Rebranded from Šiaulių bankas to Artea, aiming to be the most loved bank in Lithuania and a leader in customer experience.

• Brand emphasizes expertise, flexibility, accessibility, and Lithuanian identity.

Financial performance and shareholder returns

• Total assets reached €6.1 billion as of June 2026, with shareholder equity at €587 million.

• Demonstrated strong growth with an 8x increase in assets and 11x in market capitalization over 15 years.

• Average annual return to shareholders stands at 15%, supported by both organic growth and value-creating acquisitions.

• Maintains high profitability with an adjusted ROE of 11.8% and a record 70% payout ratio through dividends and share buybacks.

• Delivers one of the highest total shareholder yields in the Baltics, with a CET1 ratio of 18% and total capital ratio of 22.5%.

Strategic developments and future outlook

• Ambition to be the top bank in Lithuania by 2029, leading in customer satisfaction, growth, and brand recognition.

• Targets 20% return for investors and aims to be a top-three employer in the financial sector.

• Tesonet Global increased its stake to 9.86% in March 2026 and plans to reach 31.68%, seeking a controlling interest.

• Shareholder structure will shift significantly upon completion of Tesonet’s acquisition, with Tesonet becoming the largest shareholder.