BRD - Groupe Société Générale (BRD) investor relations material

Executive summary

• Achieved strong commercial performance and solid financial results despite macroeconomic headwinds, with net loans up 13% YoY and deposits up 10.5% YoY at 2025 end.

• Net profit reached RON 1,546m, up 6% YoY excluding turnover tax, and adjusted ROE stood at 17%.

• Net profit for the group reached RON 1,545.7 million for 2025, up from RON 1,523.8 million in 2024, reflecting stable profitability year-over-year.

• Total assets grew to RON 98,044.0 million as of December 31, 2025, compared to RON 88,479.7 million at the end of 2024.

• Digital engagement surged, with 1.87m YouBRD users (+13% YoY) and 38.2m transactions (+25% YoY).

Financial highlights

• Net banking income rose 7.9% YoY to RON 4,350m; net interest income up 6.6% YoY.

• Net banking income increased to RON 4,349.6 million in 2025 from RON 4,032.0 million in 2024, driven by higher net interest and fee income.

• Operating expenses increased 9.9% YoY, mainly due to a 57.5% rise in turnover tax.

• Net cost of risk rose to RON -225m from RON -145m in 2024, reflecting normalization.

• Market capitalization reached EUR 3.7bn; share price up 44.3% YoY to RON 26.9.

Outlook and guidance

• Expectation of cooling inflation in 2026, with NBR forecasting 3.7% by year-end.

• Tier 1 capital ratio improved to 26.9% at year-end 2025 from 24.9% at year-end 2024, indicating a strong capital position.

• Total capital adequacy ratio (CAR) increased to 28.2% at year-end 2025 from 25.3% at year-end 2024.

• Continued focus on sustainable financing and digital transformation.

• Dividend payout proposal of 50% of 2025 net profit, subject to approval.