*Recording Net income of €9.3 Billion, Intesa Sanpaolo Announces Its 2025 Full-Year Earnings and 2026-2029 Business Plan*

Cairo, 22 February 2026: Intesa Sanpaolo announced its 2025 full-year earnings, delivering Net income of €9.3 billion in 2025, marking the best year in its history, with record-high Commissions (+6% vs FY24) and Insurance income (+5% vs FY24). Return on equity (ROE) of 18% and return on tangible equity (ROTE) of 22%. Additionally, more than €1 billion in Pre-tax profit allocated to succeed in the coming years.

The Group also achieved a best-in-class Cost/Income ratio of 42.2%, the lowest-ever stock and inflows of non-performing loans and best-in-class in Europe — Net non-performing loan ratio of 0.8%, at an historical low, with bad loans reset to near zero — strong capital growth, and significant value creation for stakeholders.

Intesa Sanpaolo over-delivered on all the targets set out in the 2022-2025 Business Plan, while investing more than originally planned. Shareholder distribution was around 50% higher than the Business Plan target. The level of profitability delivered is driven by structural factors, not by temporary effects. The results achieved position Intesa Sanpaolo to deliver ~€10 billion in Net income in 2026.

Moreover, Intesa Sanpaolo has unveiled its 2026–2029 Business Plan, setting out a strategy focused on sustainable profitability, disciplined execution and scalable growth.

Key elements of Intesa Sanpaolo’s 2026-2029 Business Plan include commitment to deliver a Return on Equity above 20% through a tech- and fee-driven business model, structural cost reduction in absolute terms, and confirmation of a Zero-NPL profile.

The plan is considered the most technology-driven and internationally oriented Business Plan Intesa Sanpaolo has presented to date, designed to be delivered with no execution risk, supported by the Group’s proven ability to extract intragroup synergies.

The 2026-2029 Business Plan positions the International Banks Division as an important driver of the Group’s growth strategy outside Italy, leveraging a business model that has already been successfully deployed domestically.

The Plan sets out a clear set of financial and strategic targets for 2029, reflecting a combination of profitability, efficiency, resilience and social impact.

• Best-in-class profitability:
Net income above €11.5 billion by 2029, with a Return on Equity (ROE) of 22% and a Return on Tangible Equity (ROTE) of 27%.
• Cost reduction:
Absolute costs down by 1.8% between 2025 and 2029, benefiting from technology investments already deployed, with the cost/income ratio declining to 36.8% in 2029 while continuing to invest in technology and growth.
• Conservative revenue growth:
Revenues growing at 3% CAGR over the 2025–2029 period, in line with nominal GDP growth, mainly driven by commissions, with Customer Financial Assets reaching approximately €1.7 trillion.
• Zero-NPL Bank and low cost of risk:
Net NPL ratio below 1%, combined with a structurally low cost of risk in the range of 25–30 basis points throughout the Business Plan horizon, supported by high-quality loan origination.
• Rock-solid capital position:
Common Equity Tier 1 ratio maintained above 12.5% over the entire plan period.
• World-class social impact:
An additional contribution of around €1 billion to support people in need, fight poverty and reduce inequalities over the 2026–2029 period.
Together, these targets define a Business Plan focused on strong value creation, delivered with discipline and resilience.

In this context, ALEXBANK, part of the Intesa Sanpaolo Group within the International Banks Division leverage ISP’s global expertise and best-in-class practices in banking technology, to reinforce its position as a leading player in the Egyptian banking sector, in line with the Group’s strategy.