Q3 2022 Financial Performance Review

Increasing customer related income together with improving operating efficiency contributed MKB to substantial accumulated PAT BANK Financial Performance - P&L 26 GOI 09 118.9 127.5 84.9 84.2 96.2 +8.6 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Provision& & Impairments¹ GAE 55.2 42.7 43.7 50.6 49.8 -0.8 Q3 2021 -5.1 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Core inflation % SEP/SEP 1.1 -0.3 342.6 254.4 +88.2 Q3(Y) 2021 Q3(Y) 2022 144.2 127.6 +13.0% Q3(Y) 2021 Q3(Y) 2022 -4.3 +20.7% The Gross Operating Income of MKB has been increasing in every quarter, reaching HUF 127.5 bn (+HUF 8.6 bn q/q, +HUF 42.7 bn y/y) in Q3 2022, which shows nearly 35% growth compared to the same quarter last year. This continuous growth reflects the long-term operating profitability and efficiency of the Group. HUF 49.8 bn (HUF -0.8 bn q/q, HUF +7.2 bn y/y) General Administrative Expense in Q3: the 16.8% y/y increase was driven mainly by the increasing PEREX as a result of wage inflation and the rising inflation pressure. Methodology change was resulted by the change in common VAT group, which resulted a lower TAX deduction. Due to strict cost control the Q3(Y) 2022 adjusted GAE increased by 13.0%, which is lower than the 20.7% core inflation. The total amount of provisions and impairments of HUF 27.5 bn in Q3 2022, reflecting the moratorium 4, the impairment charge recognised for the agricultural moratorium and the Sberbank portfolio acquired, and methodological changes during the year. The quality of the portfolio does not justify an increase in the impairment coverage on non-moratorium stocks. HUF 43.3 bn adjusted Profit after tax in Q3 2022. -22.5 -17.0 Q3 2021 Q4 2021 Q1 2022 Q2 2022 -27.5 Q3 2022 -26.8 Q3(Y) 2021 Q3(Y) 2022 Adjusted PAT 149.8 107.4 +42.4 61.0 45.5 43.3 32.2 -17.7 11.7 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q3(Y) 2021 Q3(Y) 2022 Note: Merged Bank's financials for periods prior to Q2 2022 are calculated on a pro-forma basis 1 Includes provision for losses on loan, as well as other provisions and impairments

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