Financial highlights⁽¹⁾

(1) Some indicators are presented according to management criteria of the Group, which concepts are described and detailed in the Glossary and at alternative performance measures chapter, being reconciled with the accounting values in the respective chapters.
(2) With effect from March 2026, reverse repurchase agreements (reverse repos) were excluded from the aggregate amount of loans to customers according to the management criteria adopted by the Bank. The corresponding historical amounts are presented considering these reclassifications with the purpose of ensuring their comparability (impact of EUR 96 million in June 2025).
With effect from June 2026, repurchase agreements (repos) were excluded from the aggregate amount of deposits and other resources from customers according to the management criteria adopted by the Bank. The corresponding historical amounts are presented considering these reclassifications with the purpose of ensuring their comparability. This exclusion has no impact in June 2025 as no repos were recorded in this month.
All indicators associated with the above reclassifications have been restated accordingly.
Reclassifications from previous periods, which have already been duly communicated and accompanied by their respective explanatory notes, are not presented in this report, as the corresponding restated amounts have already been disclosed in prior reports.
(3) Excludes the impact of specific items: negative impact of EUR 7 million in the first half of 2026 and an also negative impact of EUR 3 million in the first half of 2025. In both periods, specific items were recognised in staff costs in the activity in Portugal including costs with employment terminations, namely early retirements and indemnifications and amounts related with mortgage financing to former employees.
(4) These indicators refer to loans to customers as defined in the Glossary, which comprise loans to customers at amortised cost (excluding reverse repos), debt instruments at amortised cost associated to credit operations and loans to customers at fair value through profit or loss (excluding reverse repos).
(5) The capital ratios as at 30 June 2026 include 10% of the accumulated net income for the period.
(6) Of which, in Poland: 6,954 employees as at 30 June 2026 (corresponding to 6,842 FTE - full-time equivalent) and 6,909 employees as at 30 June 2025 (corresponding to 6,786 FTE - full-time equivalent).

The analysis of the international activity is consistent with the Group's consolidated accounts, which may differ from the accounts disclosed locally.

INSTRUCTION No. 16/2004 FROM BANCO DE PORTUGAL

Following the publication of Bank of Portugal Instruction No. 17/2025, which amends Instruction No. 16/2004 concerning the indicators to be used by credit institutions in the disclosure of the information to the public, the table below includes the relevant indicators calculated in accordance with the version of the instruction currently in force.

This amendment aims to align the indicators to be disclosed to the public with the definitions and criteria used by the European Banking Authority (EBA), specifically associating the calculation formulas for these indicators with specific elements of the Financial/Accounting Reporting Framework for Supervisory Purposes (FINREP – Common Reporting Framework). Accordingly, unlike the remaining information disclosed in this release, which is based on the full consolidation perimeter, these indicators are calculated using the prudential perimeter.

FINANCIAL HIGHLIGHTS ACCORDING TO INSTRUCTION No. 16/2004 FROM BANCO DE PORTUGAL, AS THE CURRENTLY EXISTING VERSION