Investor Presentaiton

KBC Macroeconomic impact of the Russia/Ukraine conflict PRIMARY ENERGY CONSUMPTION | DECOMPOSITION in fraction of Joules consumed; Source: BP NATURAL GAS STOCK LEVEL | AS ON 31/JAN/23 in % of capacity; Source: KBC Economics based on GIE 15 of 74 82 79 76 Other renewables Hydro Nuclear Coal Oil 69 68 58 65 62 52 50 50 56 56 50 50 Present 39 additional stock level 39% 26 22% 26% 20% 24% Gas 11% 15% 17 26 26 Stock level of 17 19 13 March 2022 BE CZ SK HU BG GE EU BG GE CZ BE SK HU NATURAL GAS CONSUMPTION MAR-NOV | 2022 VS AVG 2017-2021 in %; Source: KBC Economics based on Eurostat Most countries have substantially lowered natural gas consumption since the start of the war in Ukraine (compared to their average 2017-2021 consumption in the same months) 6% NATURAL GAS COVERAGE | AS ON 31/JAN/23 in %; Source: KBC Economics based on GIE, Eurostat Figures denote the # of days of high gas consumption covered by current gas inventories (high gas consumption = mean daily consumption level during winter 2019-2020) -8% 191 -10% The Slovakia number -12% -15% -17% can be distorted by unusually strong refilling of stocks during summer 132 131 131 72 57 GE BE CZ BG HU SK Belgium as transit country has relatively small stock capacity, but large LNG terminal capacity SK HU CZ GE BG 14 BE Highlights Profit & Loss Capital & Liquidity Looking forward BU & FY22 view Company profile KBC Strategy Sustainability Asset quality MREL & Funding

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