Investor Presentaiton

FY 2022 | Costs in line with guidance KBC OPERATING EXPENSES in m EUR 4,396 525 +10% 4,818 646 51 Bank tax +6% FY22 43 of 74 Operating expenses excluding bank taxes rose by 8% y-o-y (and +6% y-o-y excluding Raiffeisenbank Bulgaria) to 4.17bn EUR, in line with the guided 4.15bn EUR Raiffeisen Bank Bulgaria Operating expenses in FY22 excluding bank taxes, changes in the consolidation scope, one-offs and FX effect rose by 7% y-o-y due mainly to higher staff expenses (wage inflation), higher ICT costs, higher marketing and professional fee expenses 3,870 4,121 Opex excl BT 2021 2022 ■ The C/I ratio excluding bank taxes amounted to 48% in FY22 (51% in FY21) Total bank taxes (including ESRF contribution) increased from 525m EUR in FY21 to 646m EUR in FY22 Highlights Profit & Loss Capital & Liquidity Looking forward BU & FY22 view Company profile KBC Strategy Sustainability Asset quality MREL & Funding

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