Investor Presentaiton

KBC NET RESULT in m EUR International markets BU (4) | Bulgaria Raiffeisen Bank BG 25 23 36 30 33 29 30 25 22 17 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 Organic volume trend Total loans** o/w retail mortgages Customer deposits*** Volume 9bn EUR 2bn EUR 12bn EUR Growth q-o-q* +3% Growth y-o-y +19% +5% +23% +6% +10% * Non-annualised 35 of 74 ■ Net result of 48m EUR in 4Q22, of which 23m EUR from the consolidation of the acquired Raiffeisenbank Bulgaria ■ Highlights (q-o-q) • • • Higher net interest income was driven mainly by increasing interest rates and strong loan and deposit volume growth in all segments, partly offset by pressure on commercial margins Lower net fee and commission income due mainly to lower management fees, seasonally lower payment-related fees and network income Stable net results from financial instruments at fair value and higher net other income An excellent combined ratio of 83% in FY22 (82% in FY21) Stable non-life insurance sales and sharply higher life insurance sales Higher operating expenses due mainly to higher staff, marketing and professional fee expenses, and higher facilities costs. Note that Raiffeisenbank Bulgaria contributed 24m EUR in 4Q22 versus 26m EUR in 3Q22 (of which roughly 5m EUR one-off integration costs in both quarters) Higher net loan loss impairment charges due to a 7m EUR additional impairment for geopolitical and emerging risks (versus 1m EUR in 3Q22) and 7m EUR net impairment charges mainly for retail and SMEs. Credit cost ratio of 0.43% in FY22 (-0.06% in FY21) 3m EUR impairment on 'other' ■ Volume trend • Total customer loans rose by 3% q-o-q and by 19% y-o-y (due to growth in all segments, both q-o-q and y-o-y, except for consumer finance loans q-o-q) Total customer deposits rose by 6% q-o-q (due mainly to higher corporate deposits) and by 10% y-o-y (due to growth in all segments) ** Loans to customers, excluding reverse repos (and bonds). Growth figures are excluding FX, consolidation adjustments and reclassifications Customer deposits, excluding debt certificates and repos *** Highlights Profit & Loss Capital & Liquidity Looking forward BU & FY22 view Company profile KBC Strategy Sustainability Asset quality MREL & Funding

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