Alior Bank S A : 3Q 2022 Results Presentation

Alior Bank S.A.

Presentation of results for 3Q 2022

Warsaw, 4 November 2022

Agenda

1. Operating activities

1. Financial results
2. Credit risk

4. Other issues

2

Operating activities

Very good results of Alior Bank disfigured by one-off events

In 3Q 22, the revenues generated by the Alior Bank Group

amounted to PLN 767 million. Compared to 3Q 21, the reported revenues decreased by PLN 152 million (-17 %)

• interest income amounted to PLN 587 million (-17% y/y)
• fee income amounted to PLN 202 million (+6% y/y)

In 3Q 22, the revenues generated by the Alior Bank Group were encumbered with the additional cost of credit holidays (PLN 502 million), as well as by the provision for the reimbursement for the additional margin on mortgage loans (PLN 23 million). Adjusted revenues increased y/y by PLN 373 million (+41%) and amounted to almost PLN 1.3 billion - the highest revenues in its entire history.

Total revenues (PLN M)

		+373 PLN M
		+41%	1 292
		1 093	1 200
918	935			525

						767	-17% y/y
							-152 PLN M y/y
3Q 21		4Q 21	1Q 22	2Q 22	3Q 22
		One-offs		Total income (PLN	M)

Net profit (PLN M)

+281 PLN M

(+187%)

431

In 3Q 22, the net result achieved the Alior Bank Group amounted to PLN -63 million. The reported net loss was caused by number

of one-off events which reduced the net result

by a total of PLN 494 million. Adjusted net profit of the Alior Bank

Group in 3Q 22 amounted to approximately PLN 431 million.

4

												376
							196				158
150		125							494
			27
					25			169				216
	150
				100
																	-63		-213 PLN M y/y
3Q 21		4Q 21	1Q 22		2Q 22	3Q 22
					One-offs							Net Income

Stable growth of the Bank, profitability under the pressure of one-off events

Assets (PLN bn)			Gross Loans (PLN bn)	Deposits volume* (PLN bn)
+7,5%				+0,4%		+8,1%
	84,1		63,4	63,7		72,4

78,2

67,0

3Q 21

3Q 22

3Q 21

3Q 22

3Q 21

3Q 22

C/I 3Q 22ROE 3Q 22NIM 3Q 22TCR 3Q 22

59.5%	-4.6%	3.07%		13.70%
+16.9 p.p. y/y		-13.7 p.p. y/y		-0.69 p.p. y/y	-1.60 p.p. y/y
C/I 3Q 22		ROE 3Q 22		NIM 3Q 22		CoR 3Q 22
(adj.)**		(adj.)***		(adj.)****
31.0%	30.0%	5.81%		1.64%
-12.9 p.p. y/y		+20.9 p.p. y/y		+2.04 p.p. y/y	+0.06 p.p. y/y

* Liabilities towards customers

5 ** Ratio calculated with an assumption of linear distribution of the contribution to the BFG resoluton fund and lack of one-off events affecting level of income and general administrative costs in 3Q22

• Ratio calculated with an assumption of lack of one-off events decreasing net profit of 494 PLN M
• Ratio calculated with an assumption of lack of influence of credit moratoria and provision for retur of additional margin related with mortgage loans