Investor Presentaiton

KBC FY 2022 | Higher net fee and commission income and lower AUM FY22 40 of 74 NET FEE & COMMISSION INCOME in m EUR 1,836 1,847 36 +1% Raiffeisenbank Bulgaria 950 985 Banking services 1,196 1,175 AM services -311 -349 Distribution 2021 2022 ASSETS UNDER MANAGEMENT in bn EUR Highlights 236 206 47 -13% 40 Investment advice 69 60 Fund-of-Funds 23 Group assets & 19 Pension fund 98 87 Direct Client Money 2021 2022 ■ Net fee and commission income (1,847m EUR) • Increased by 1% y-o-y o Net F&C from Asset Management Services decreased by 2% y-o-y driven entirely by lower entry fees. Management fees roughly stabilised y-o-y o Net F&C income from banking services increased by 7% y-o-y driven mainly by higher fees from payment services, higher network income and higher fees from credit files & bank guarantees, partly offset by lower securities-related fees. Net F&C income from banking services rose by 4% y-o-y on a comparable basis (excluding the +36m EUR impact in 2H22 from the consolidation of Raiffeisenbank Bulgaria) o Distribution costs rose by 12% y-o-y due chiefly to higher commissions paid linked to banking products and increased non-life insurance sales ■ Assets under management (206bn EUR) • Decreased by 13% y-o-y due entirely to the market performance (-15%), partly offset by net inflows (+2%) The mutual fund business has seen 2.9bn EUR net inflows in higher-margin direct client money in FY22 Profit & Loss Capital & Liquidity Looking forward BU & FY22 view Company profile KBC Strategy Sustainability Asset quality MREL & Funding

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