Facts & Figures Company Presentation 2nd Quarter 2021 “AUTONOMYTOP AND INDEPENDENCE” REMAIN OUR TOP PRIORITIES
This alone has made is possible to take decisions autonomously for and in favour of Oberbank’s…
• … regions • … customers • … partner banks • … shareholders • … employees
Florian Hagenauer Josef Weißl CEO Franz Gasselsberger Martin Seiter Management Board Management Board Chairman of the Management Board Member Member Management Board Member “We Make Decisions Ourselves” 2 2 Source: Oberbank AG TOP OBERBANK ON A WINNING PATH
… achieves its organic growth by … refinances retail loans expanding its branch with customer deposits network as well as by and other long-term improving refinancing funds. Its dynamically its digital liquidity doesn’t depend A regional service performance. on other banks. A universal bank … safeguards independence and … only takes risks it bank with focusing on autonomy as can handle on the two main customer top priorities. strength of its own resources. It pursues scopes: business a very conservative corporate and not on risk approach. Oberbank and personal risky … offers corporate and … consistently works to banking speculative private clients high improve the professional segments trades quality advisory expertise and social services and a wide competence of its staff. range of domestic and international products.
…takes care of an attractive cost structure which contributes enormously to its earning power.
3 3 Source: Oberbank AG OBERBANKTOP - AN INDEPENDENT CENTRAL EUROPEAN REGIONAL BANK, HEADQUARTEREDOBERBANK, ANIN LINZ,INDEPENDENT AUSTRIA CENTRAL EUROPEAN REGIONAL BANK, HEADQUARTERED IN LINZ, AUSTRIA
The Bank’s business strategy focuses on business customers, mainly on
• industrial and medium-sized companies o Oberbank as a highly competent partner in cross border business with special know-how in various field of finance
• and private customers as an equally important pillar o Oberbank delivers high quality and experience in securities transactions, private and residential construction finance
4 4 4 Source: Oberbank AG TOP INDEPENDENCE BUILT OVER YEARS
1869 1990 Established as Bank for Market entry State of Bavaria, Upper Austria & 1986 2004 2009 2016 2019 2021 Germany Salzburg with the IPO Vienna Market entry Market entry Market entry 150th Market entry headquarters in Linz Stock Exchange Czech Slovakia State of Thuringia, Anniversary Rhineland-Palatinate Republic Germany / Germany
1929 1984 1988 2000 2007 2015 2018 2020 Creditanstalt Termination First branch First market Market entry Market entry Market entry Strengthening (UniCredit) syndicate in Vienna presence as 3 Hungary State of Hesse, State of Baden- digital becomes agreement Banken Gruppe Germany Wuerttemberg & presence majority with (Oberbank, BTV State of Saxony owner Creditanstalt and BKS) (UniCredit)
5 5 Source: Oberbank AG Source: Oberbank AG TOP SHAREHOLDER STRUCTURE ENSURES AUTONOMY (HY 2021)
Bank für Tirol und Vorarlberg AG (incl. BTV 2000) 16.15 %
Free Float 31.45 % BKS Bank AG (incl. subordination syndicate with BVG) 14.79 %
4.50 % Wüstenrot Wohnungs- UniCredit Bank Austria AG, Vienna 3.41 % wirtschaft reg. Gen.m.b.H 1.62 %Generali 3 Banken Holding AG 23.76 % CABO Beteiligungsgesellschaft m.b.H 4.32 %Employees
6 6 Source: Oberbank AG TOP SUSTAINABILITY: WE TAKE RESPONSIBILITY
Value-based strategy Governance & Due-Diligence
• Responsible business practices • Corporate policy • Ethical and ecological values • Committed to the Austrian Corporate
• 17 UN SDGs sustainable Governance Codex Sustainable risk
development • Code of Conduct management
▪ Conservation of resources • Selective acceptance of risks ▪ Energy efficiency • Internal control mechanisms
climate ▪ Emission reduction Environment & Environment
• Employee orientation • Social Sponsoring • Wide range of benefits • Training • Sustainability funds • Fair and gender-neutral pay • Sustainable accounts – Current & Saving • Works council • Corporate loans • 1. Green Covered Bond in Austria Society Employees Products
7 7 Source: Oberbank AG Source: Oberbank AG TOPTOP PRIME RATING BY ISS ESG
Oberbank within the TOP 10 %
“Transparency Level: very high (80-100%)“ according to ISS ESG and therefore Oberbank is one of the market leaders
AWARDS & MEMBERSHIPS
VÖNIX Sustainability Award 2020 Vienna Stock exchange Austrian Business Council UN Global Compact Austrian Environment Label for Sustainable Development for Sustainable Financial Products
8 8 Source: ISS ESG June 23rd, 2021 – out of 277 rated institutions TOP FIVE COUNTRIES – ONE SINGLE ENTRY POINT
Expansion 2021 Headquarters Linz • Brandenburg (Potsdam) • Jindrichuv Hradec (CZ) • Tatabánya (HU)
177 branches as of HY 2021
9 9 Source: Oberbank AG IMFTOP OPTIMISTIC ABOUT THE FUTURE CORONA REBOUND AND MASSIVE ECONOMIC GROWTH WORLDWIDE IN 2021
GDP 2020 GDP 2021 GDP 2022e
Economic Growth Expectations IMF 2021
Advanced Economies +3.6 %
Emerging Economies +5.0 %
World +4.4 %
1010 Source: IMF September 2021 STRONGTOP ECONOMIC GROWTH EXPECTATIONS WITHIN OBERBANK‘S CATCHMENT AREA
Germany GDP in % Czech Republic GDP in %
4.2 4.3 2.3 3.6 3.4 0.6 2019 2020 2021e 2022e Slovakia GDP in % 2019 2020 2021e 2022e -5.6 -4.9 4.7 4.4 2.3
2019 2020 2021e 2022e -5.2 DE Austria GDP in % CZ SK AT HU 3.5 4.0 1.4 Hungary GDP in % 2019 2020 2021e 2022e
-6.6 5.9 4.6 4.3
2019 2020 2021e 2022e -5.0
11 1111 Source: IMF %GDP September 2021 TOP OBERBANK – A BRIDGE TO THE WORLD …
1212 Source: Oberbank AG TOP … WITH A DYNAMIC INTERNATIONAL BUSINESS APPROACH
Documentary Collections Risk Insurance Letter of and Mitigation Credit Advising and Confirmations
Document Examination Import and Services Export Finance
Short Term Stand by Financing L/C‘s and Forfaiting Guarantees International Factoring Payments
1313 Source: Oberbank AG TOP OBERBANK AT A GLANCE
• Capitalization furthermore within the EU leading group • Optimization of liquidity, especially the remaining excess liquidity • Sustainable increase in Assets and Liabilities • Strong commission based business provides stable operating profits • An efficient risk management by means of precautionary control measures, close relationship to customers, local experience and in general Oberbank’s conservative risk approach protect from unforeseeable losses
1414 Source: Oberbank AG EXCELLENTTOP CAPITAL RATIOS AS PROOF OF STABILITY AND RISK-BEARING CAPACITY
Amount of equity capital reaches all-time high
17.40 % 17.71 % 19.97 %
(+1.37 pp (+1.35 pp (+1.42 pp HY 2020) HY 2020) HY 2020) +1.3 % SREP Premium
7.10 % 8.60 % 10.60 % Legal Legal Legal requirement requirement requirement
CET 1 Core Capital Total Capital
Source: Oberbank AG
Figures by HY 2021 1515 SREP – Supervisory Review and Evaluation Process PP – Percentage Points TOP AROUND MORE1,200 THAN PARTNER 1,200 PARTNER BANKS BANKSWORLDWIDE WORLDWIDE
650 Europe
50 North America 400 Asia 30 South America 60 20 Africa Oceania
16 1616 Source: Oberbank AG TOP SUSTAINABLE FUNDING & LIQUIDITY
Further Increase in Primary Funds 16,491 mn (+7 %) Liquidity Coverage Ratio (LCR)
469 mn 503 mn 61.80 % pp 2,240 mn 1,803 mn Subordinated 198.40 % capital + 3.6 % Legal Requirement 100.00 % Securitized liabilities 12,573 mn 13,746 mn + 20.8 % Net Stable Funding Ratio (NSFR)
Amounts owed to costumers + 5 %* 137.07 % 15.17 % pp HY 2020 HY 2021 Legal Requirement 100.00 %
Source: Oberbank AG 1717 * Successful Offsetting of ECB rate (only corporate clients) Figures compared HY 2020 vs HY 2021 TOP INCREASE IN LOAN PORTFOLIO BY REGION
HY 2021 in mn EUR Growth since YE 2020
Hungary Slovakia 955 526 12% Czech 10.9% Rep. 10% 1,365 8.5% 8% 7.6%
Upper 6% Austria, Germany Salzburg 3,103 8,054 4% 3.0% 2.6% 1.5% 2% 1.1%
Lower Austria 0% 1,439 Vienna Upper Vienna Lower Germany Czech Hungary Slovakia 2,522 Austria, Austria Rep. Salzburg
1818 Source: Oberbank AG INCREASETOP IN LIABILITIES BY REGION
HY 2021 in mn EUR Hungary Growth since YE 2020 Czech 299 Slovakia 16% Rep. 843 89 14%
12% Germany 2,292 10.1% 10% 9.4%
8% 7.3% Lower 6.8% 6.3% Austria 5.7% 948 Upper 6% Austria, Salzburg 4% Vienna 9,853 2,167 2% 1.3%
0% Upper Vienna Lower Germany Czech Hungary Slovakia Austria, Austria Rep. Salzburg
1919 Source: Oberbank AG STRONGTOP COMMISSION INCOME PROVIDES STABLE OPERATING PROFITS
180 170.7 159.2 163.0 160 ➢ Commissions from 140.6 Others Securities Business as 140 130.9 Conversions driver for the increase + 11.7 % Payments of operating profits 120 96.9 Loans ➢ Commissions from 100 86.7 3.5 Securities Payment Transfer, 2.8 9.1 80 Loan Business 7.8 29.9 and 60 27.7 Foreign Exchange Conversions 40 17.9 21.2 still at a stable 20 level 30.5 33.3 0 2016 2017 2018 2019 2020 HY 2020 HY 2021
2020 Source: Oberbank AG, Figures in mn EUR OBERBANK’STOP FOCUS IS PLACED ON RIGOROUS RISK MANAGEMENT
➢ NPLs furthermore stable at a low ➢ Total Risk Position of EUR 332.0 mn or level, but with the expectation of a respectively 2.2 % of total credit portfolio. moderate increase due to Covid-19 Oberbank pays special attention to critical industries (automotive, aircraft, travel, …)
600 550.6 534.2 HY 2020 HY 2021 500 Risk- 380.9 Earning- 5.57 % 4.97 % 400 332.6 332.0 Ratio 325.5 300 NPL-Ratio 2.05 % 1.86 % 200
Coverage- 89.72 % 90.22 % 100 Ratio III 0 2016 2017 2018 2019 2020 HY 2021
2121 Source: Oberbank AG TOP HY 2021 OBERBANK KEY DATA AT A GLANCE
HY 2020 HY 2021
HY 2020 HY 2021 CET 1 Ratio 16.03 % 17.40 %
Assets 24.2 bn EUR 26.2 bn EUR Core Capital Ratio 16.36 % 17.71 %
Market Capital 2.94 bn EUR 3.16 bn EUR Total Capital Ratio 18.55 % 19.97 %
ROE after tax 1.20 % 7.33 %
ROE before tax 2.56 % 8.82 % HY 2020 HY 2021
NPL 2.05 % 1.86 %
Coverage Ratio III 89.72 % 90.22 % HY 2020 HY 2021 Risk-Earning Ratio 5.57 % 4.97 % Net interest income 169.8 mn EUR 166.8 mn EUR Net commission income 86.7 mn EUR 96.9 mn EUR HY 2020 HY 2021 Administration LCR 136.60 % 198.40 % expenses -147.5 mn EUR -151.4 mn EUR NSFR 121.90 % 137.07 % CIR 75.96 % 51.07 % SLR (Strategic Liquidity Ratio) 96.7 % 93.50%
Source: Oberbank AG 2222 Source: Oberbank AG TOP COMPLIANCE
Oberbank’s Global Financial Institutions Department and Compliance Department cooperate closely for providing transparent information and documentation.
Please refer to www.oberbank.com FI & Compliance Information
Banking License Wolfsberg – CBDDQ FATCA-Documentation Financial Crime – FCCQ Oberbank LEI Questionnaire Oberbank Giant
Corresp. Banking Declaration Annual Report +0.95 % pp SSI – Standard Settlement Instr. Shareholder Information Management Policies Rating Reports …
AML/KYC Due Diligence requests to be addressed to [email protected] or your responsible Global Financial Institutions Relationship Manager directly.
2323 Source: Oberbank AG TOPS&P RATING 2021 SAFE HAVEN VALUATION FOR AUSTRIA AND TOP RATING FOR OBERBANK
Austria assessment Rating adjustment for Austrian banks Rating Oberbank AG
Erste Group Bank A stable ▪ S&P confirms Austria's (confirmed)
AA+ rating with stable BAWAG-PSK A stable outlook (12 March 2021) (confirmedl) A Oberbank AG A negative ▪ Moderate recovery (confirmed) Oberbank AG expected in 2021 (GDP Hypo Tirol Bank AG A negative Credit Ranking (confirmedl) 2.5 %) Stronger recovery Raiffeisen Bank A- negative at first in 2022 and 2023 International (confirmed) Outlook: negative Raiffeisen Landesbank BBB+ stable ▪ Support from solid Niederösterreich-Vienna (confirmedl) macro-economic Bank Austria BBB+ negative fundamentals and strong UniCredit (confirmed) AAA Mortgage Covered Bond ECB monetary policy Stadtsparkasse Munic A stable Frankfurter Sparkasse A stable Outlook: stable Deutsche Bank BBB+ positive Commerzbank BBB+ negative Hypo Vereinsbank BBB+ negative
2424 Source: Oberbank AG STANDARDTOP & POOR’S CONFIRMS AGAIN THE SOLID FOUNDATION OF OBERBANK
+1 ±0 ALAC Uplift Business A Position Oberbank AG Credit Rating -1 +1 ±0 Capital and Funding Outlook: negative Risk Position Earnings a- Reason: Reason: AAA Anchor ±0 Rating Mortgage ▪ Industrial ▪ Good loss Covered Bond Austria participations compensation Liquidity capability Outlook: stable
▪ Strong capitalization Neutral facts
Base Notes Result
2525 Source: Oberbank AG TOP STRATEGY 2025
Human People in the center
New Formats for the Fields Sales Force Customers & Five Countries of Employees One Bank 50 % Increase in Action Service Revenues
25 % Increase in Interest Income Sales Strategy Performance 2025 Efficiency in Process Operations
Advantage through Risk Digitalization Consideration
2626 Source: Oberbank AG GLOBALTOP FINANCIAL INSTITUTIONS
Mr. Helmut Edlbauer Mr. Manfred Weissmann General Manager General Manager Head of Global Financial Deputy Head of Global Financial Institutions Institutions [email protected] [email protected] Ext.: 32630 Ext.: 32500
ASIA, MIDDLE EAST INCL. TURKEY, OCEANIA & AFRICA
Ms. Melanie Kwetina Ms. Diana Boyadzhieva Senior Relationship Manager Relationship Manager Team Head [email protected] [email protected] Ext.: 32648 Ext.: 32507
EUROPE INCL. RUSSIA & AMERICAS
Ms. Petra Springer Ms. Maggie Danninger Mr. Georg Riha Senior Relationship Manager Relationship Manager Relationship Manager Team Head [email protected] [email protected] [email protected] Ext.: 32543 Ext.: 37107 Ext.: 37108
2727 Source: Oberbank AG CONTACTTOP INFORMATION
CORPORATE & INTERNATIONAL FINANCE
Mr. Dietmar Holzinger Ms. Gabriele Hartmann Ms. Astrid Spiessberger Senior Director Manager Manager Head of Corporate & Team Head of Trade Finance Team Head of Syndications & International Finance [email protected] International Finance [email protected] Ext.: 32750 [email protected] Ext.: 37565 Ext.: 32550
TREASURY & TRADING PAYMENTS
Mr. Robert Musner Mr. Karl Reisinger General Manager Senior Manager Head of Treasury & Trading Head of International Payments [email protected] [email protected] Ext.: 32640 Ext.: 32380
Oberbank AG www.oberbank.com S.W.I.F.T.: OBKLAT2L Untere Donaulände 28, Tel.: +43 732 7802 + Ext. A-4020 Linz, AUSTRIA Reuters Dealing: OBKL For payments to one of our branches (OBKLDEMX, OBKLHUHB, OBKLSKBA and OBKLCZ2X) please send directly to Oberbank Linz, SWIFT Code OBKLAT2L.
2828 Source: Oberbank AG DISCLAIMERTOP
This/these document(s) is/are for current information purposes only and is/are based on the state of knowledge of the persons charged with its/their preparation at the time of its/their preparation. This/these document(s) constitute(s) neither an offer nor an invitation to buy or sell the investments and/or (bank) products mentioned therein. None of the statements contained in this/these document(s) should be understood to constitute a general recommendation. Although we believe the sources we have used to be reliable, we do not give any guarantee for the completeness or accuracy of the information reproduced here. In particular, we expressly state that numerical information is subject to errors.
Oberbank AG. Legal Form: Aktiengesellschaft (Joint Stock Company). Registered Office: Untere Donaulände 28, A-4020 Linz, Austria. Commercial Register No.: FN 79063 w, Landesgericht Linz (State Court of Linz), DVR: 0019020.
2929 Source: Oberbank AG