Preliminary financial results as of December 31, 2024

Group Banca Transilvania grew in 2024 both through acquisitions and organically, contributing to the support of the Romanian economy. At the same time, Banca Transilvania is the main financier of the economy, the population, and the state, including through the payment of total taxes and social contributions of over 1.7 billion lei.

Taxes and fees paid by the Banca Transilvania Group in Romania amount to approximately 1% of the total tax revenues collected by the state. The profit tax paid to the state budget by the bank and the Romanian subsidiaries of the BT Group was nearly 2% of the total profit tax collected in the state budget from companies in our country in 2024.

2024 was another year in which the bank and its subsidiaries grew significantly above the market average regarding financing, operations, and customer transactions. Also, we expanded the BT Group's scope through several acquisitions and integrations in banking and complementary areas such as leasing, pensions, and asset management. We remain optimistic about the future, but also cautious in the face of a volatile environment, with multiple challenges domestically and internationally. We continue to invest through the bank and through the BT Group in technology, innovation, and products to achieve the highest possible efficiency and to sustainably finance the Romanian economy.

Horia Ciorcilă
Chairman of the Board of Directors
Transilvania Bank

Assets The BT Financial Group reached 207 billion lei at the end of last year, +22.4% compared to December 31, 2023. The contribution of the integration of OTP Bank Romania to asset growth was approximately 9.6 percentage points.

Net profit consolidated of the BT Financial Group is 4.7 billion lei, of which net profit of the bank is 3.5 billion lei. The subsidiaries and equity investments contributed approximately 384.6 million lei to the profitability of the BT Group. The gain from acquisitions contributed 815.7 million lei to the net profit of the BT Group. For five months, until December 31, 2024, the companies acquired from OTP Group contributed a profit of 58.1 million lei to the results of Banca Transilvania Group.

Operating profit the bank's balance increased to 4.5 billion lei, +28.3% compared to 2023, due to the increase in the bank's operational activity. Eoperational efficiency BT, reflected in the cost/income ratio, it has improved and reached 45.4% due to good cost management and increased efficiency of activity through process digitization.

Net financial leasing loans and receivables at the BT Group level have increased by 27.5%, up to 96.4 billion lei, and the warehouses customers reached 167.8 billion lei, +21.6% compared to the end of 2023.

Business lines performance in 2024:

• Over 66,000 companies and 530,000 individuals have chosen to work with Banca Transilvania. BT reached almost 4.6 million clients at the end of last year, of which 4.1 million are retail and over 480,000 are companies.
• The bank financed companies with 26.6 billion lei and individuals with 8.8 billion lei. The new amounts granted to Micro and SME clients are 2 billion lei higher compared to 2023. The bank was a partner in the state-guaranteed programs SME Invest Plus and Farmer's Credit, with financing of over 3.5 billion lei.
• Over 300,000 loans have been granted by the bank, +9.4% in 2024 compared to 2023. Among these, 135,000 are consumer loans.
• The balance of gross loans at the bank level is +13.5%, of which a significant increase of 17.5% is the balance of loans for companies. The volume of loans for the population is 7.9% higher.
• Over 15,000 people have purchased homes with BT's help, the amount granted being approximately 4.5 billion lei. The balance of mortgage/real estate loans is 19.3 billion lei, +3.2% compared to December 2023, representing 22% of the loan portfolio.
• The number of cards has reached 7 million, including BT cards issued for OTP Bank Romania clients, and transactions made with cards have increased by 23% compared to 2023.
• The number of payments with the phone is +36%, and the volume of transfers from BT Pay, +54%, compared to 2023.

The ratio of non-performing exposures (EBA) is 2.07% as of December 31, 2024, and the coverage ratio with total provisions for non-performing exposures is 206%. In December 2024, ROE reached 27.0% at the individual level, exceeding the banking system average of 18.4%. BT's solvency ratio, incorporating the interim net profit for the first semester of 2024 into own funds, is 23.54%.

The position of the Banca Transilvania Group in markets complementary to banking in 2024: leadership according to the traded volumes on BVB and in asset management, consolidating the position in the auto retail financing market, IFN and pension funds, as well as the best year in microfinancing:

• BT Leasing merged in December 2024 with OTP Leasing, after an integration carried out over only four months. The company reached 42,000 clients, over 63,000 contracts, and total assets of over 6.1 billion lei.
• BT Capital Partners, the brokerage company of the BT Group, has become the leader at the Bucharest Stock Exchange, based on traded volumes, with a market share of 26.7%. BTCP has intermediated two share issues on the BVB Main Market and a series of bond issues on foreign markets and at the BVB.
• BT Asset Management and maintained its position as a leader and exceeded the amount of 6 billion lei in managed assets. More than half of the new investors in Romania have chosen to work with BT Asset Management in 2024.
• BT Small financed in 2024 nearly 10,000 clients. The company has reached over 22,000 clients, with financings of 1.27 billion lei, which are +27% compared to 2023.
• BT Pensions has reached 290.5 million lei managed assets, +33% compared to 2023.
• BT Direct and maintained its growth trend and reached by the end of 2024 260,000 clients and total assets of over 1.1 billion lei, +20% compared to 2023.
• Code Crafters and has expanded its capacity to deliver financial solutions by diversifying technologies, expanding the project portfolio and the team. It has also obtained the international ISO 27001:2022 certification for the Information Security Management System.