Results at 30 September 2025

ROTE OF 10.5% IN 9M 25, ABOVE THE 2025 TARGET  
GROUP NET INCOME OF EUR 4.6BN IN 9M 25, UP +45% VS. 9M 24 
STRONG REVENUE GROWTH, UP +6.7%[1] IN 9M 25 VS. 9M 24  
COST / INCOME RATIO DECLINING SHARPLY TO 63.3% IN 9M 25  

• Group revenues of EUR 20.5bn in 9M 25, strongly up +6.7% vs. 9M 24 excluding asset disposals, above 2025 annual target >>+3%
• Costs down -2.2% in 9M 25 vs. 9M 24 excluding asset disposals, above our 2025 annual target >> -1%
• Cost / income ratio of 63.3% in 9M 25, below the annual target of <65% for 2025
• Contained cost of risk at 25bps in 9M 25, at the lower end of the 2025 annual target of 25 to 30bps
• Group net income of EUR 4.6bn in 9M 25, up +45% vs. 9M 24, ROTE of 10.5%, above the 2025 full-year target of ~9%
• In Q3 25, strong revenue growth of +3.0%[2], decrease in cost / income ratio to 61.0%, cost of risk within guidance at 26bps, Group net income of EUR 1.5bn and ROTE of 10.7%
• CET1 ratio of 13.7% at the end of Q3 25, around 340bps above the regulatory requirement
• Completion of the EUR 1bn additional share buy-back programme on 14 October 2025
• Continued simplification of the business portfolio with the completion of the disposals of subsidiaries in Guinea Conakry and Mauritania

Slawomir Krupa, Group Chief Executive Officer, commented:  
“We are releasing today a very good set of results, which are again driven by strong revenue growth and continued improvement in our operational efficiency and profitability. Quarter after quarter through the cycle, we continue to execute our strategic roadmap with discipline by maintaining a strong capital position, strict cost control and prudent risk management. The very good commercial and financial performance achieved over the first nine months of the year allow us to move forward with confidence to achieve all our annual objectives. This positive dynamic is based above all on the trust of our clients and the collective commitment of our teams. I would like to thank them warmly. We are approaching the coming months with rigour and determination to carry out our strategic plan, in line with our ambition to create sustainable value for all our stakeholders.”