Akbank T.a.s. · BIST:AKBNK
Akbank T.a.s — Q3 2026 Earnings Presentation
31 slides from Akbank T.a.s's earnings presentation, Oct 27, 2026
Slide 1: 3Q26 Consolidated Financial Results
3Q26 Consolidated Financial Results AK BANK “Built upon your trust”
Slide 2: ‣ ‣ > < ๏ ๏ ‣ ๏ ‣ ๏ ๏ ๏ ‣ ‣
‣ ‣ > < ๏ ๏ ‣ ๏ ‣ ๏ ๏ ๏ ‣ ‣ ‣ ๏ ‣ ๏ ๏ ๏ ‣ ‣ ๏ ‣ ๏ ๏ ๏
Slide 3: Demonstrated resilience in an evolving environment
Preserved robust solvency Strong capital position with 16.7% CAR, 13.3% Tier 1 & 11.2% CET-1, underlines risk-return focus and active RWA optimization Resilient provision buffers Limited stage 2+3 loan exposure (11.9%) with robust coverage of 26.7%, while proactive provisioning helps contain CoC pre
Slide 4: Profitability set for recovery following its trough
Profitability set for recovery following its trough Revenue (Ln) 4Q0Q AYoY (%) (%) 203,581 a7 [+31 21910 2-2 155,970 22.304 +59 75.141 47325 9M2S5 9M26 Net Fee Income = Swap adj. Nil Net Trading” Key highlights of 9M26: Net Income (ThLmn) 9M26 RoE 19.4% Excl. Competition Board penalty provision expe
Slide 5: Customer-led growth with disciplined risk adjusted returns
Customer-led growth with disciplined risk adjusted returns As of TL Assets Loan Breakdown Evolution ® Business Loan Breakdown Evolution ® (%) (net, %) (net, %) ~ 56 as a 67 64 56 63 52 61 53 52 eal 50 49 47 a Eg 23 33 37 39 36 44 22 20 24 2024 2025 9M26 2022 2023 2024 2025 9M26 2022 2023 2024 2025,
Slide 6: Diversified loan portfolio reflects disciplined profitable growth
Diversified loan portfolio reflects disciplined profitable growth Business Loan (TL+FX) Sectoral Breakdown (gross, %) 39,7 Business loan concentration below 4% 4.0 Tourism ~———_, Transportation & 7 9 Logistics : 4.2 Textile -————_ Transport Vehicles & 7.0 4.9 Energy Sub-industry 6.1 Food Finance 7.0
Slide 7: Balancing yield and risk across the loan portfolio
Balancing yield and risk across the loan portfolio TL Loan Breakdown Total Loan Breakdown FX Loans (net, TL bn) (net, USD bn) Market Market aYtD sores © AMID Shares (0) (2) (%) (56) 1,533 #21) [151 14.6 +8 135 1,271 +13 9M26 30% 13.5 47% mFX TL 2024 2025 9M26 2025 9M26 m Business Consumer Consumer C
Slide 8: Strategic securities positioning across market cycles
Strategic securities positioning across market cycles Total Securities Breakdown (%) aYtD ~) 907 +13 803 De 9 615 34% sh% 27% 2024 2025 9M26 atl FX TL Securities Breakdown (%) 599 528 . Oe 2% 10% 1% fo —% 2024 2025 9M26 HCPI Floating? mFixed” =Corp.Bonds ™Other® » Well-executed security portfolio op
Slide 9: Sound customer franchise solidifies cost optimization
Sound customer franchise solidifies cost optimization Deposit Currency Split LDR (TL bn) Market (%) AYtD shares @ (%) (6) 106 2,641 +22 |[ 146 89 292299 ~ ae a6 a6 2,173 1,633 82 82 77 73 71 51 53 2024 2025 9M26 2022 2023 2024 2025 9M26 aTL mFX TL FX Total » Strong deposit franchise underpins fundin
Slide 10: NIM set for gradual recovery as TL funding pressure eases
NIM set for gradual recovery as TL funding pressure eases CPI Normalized Quarterly Swap Adj. NIM Waterfall Cumulative Swap Adj. NIM (bps) (%) +36 -20 - + 30bps -13 28 2b 25 226 2Q26 Deposit § Borrowing Loan jeg Other 3Q26 2025 9M26 NIM @ ape Re] ore ie) Yield Securities ae ” 3Q26 NIM remained under
Slide 11: Diversified fee base and deeper customer penetration strengthen revenue resilience
Diversified fee base and deeper customer penetration strengthen revenue resilience Net Fees & Commissions Net Fees & Commissions Income Breakdown (TL mn) (%) £QoQ AYoY (%) —_(%) 106,531 +23 ; 9M2S5 9M26 m Payment Systems m Lending Related Wealth Management Bancassurance ™ Money Transfer ™ Other » St
Slide 12: Effective cost management & operational excellence
12 Effective cost management & operational excellence Opex Opex Breakdown Fee/Opex (TL mn) (%) (%) 4. QoQ AYoY (9%) (%) 112135 [4g | fags Care 40750 -+12.—«+#39 @HR 29276 a Marketing 9M26 Other Regulatory 71.385 ™ Depr. & Main. 53.558 ait 9M2S5 9M26 2022 2023 2024 2025 9M26 ™Non HR HR ” Fee income c
Slide 13: Disciplined underwriting anchors solid asset quality
13 Disciplined underwriting anchors solid asset quality New NPL Evolution NPL & Loan Market Share (2) NPL Ratio by Segments (%) (%) (TL bn) Loan mNPL 16,0 208 20.0 56 ina fy eo) 14,6 143 52 33 (137 @ Ei Ey Ga wl 2s 5.6 5.3 “ ~ a 4Q25 1026 2Q26 3Q26 5 q > mn S Total Busi y Write off & NPL sale ™ Coll
Slide 14: Prudent risk management underpinned by strong coverage ratios
14 Prudent risk management underpinned by strong coverage ratios Provision Build & Coverages Stage 2 & 3 Share in Gross Loans (%) (%) 2025 9M26 8.2 Stage 1 Coverage 07 06 63 74 Stage 2 Coverage 118 94 Stage 3 Coverage 63.7 65.2 Stage 2+3 Coverage 28.1 267 Gross Coverage 37 37 Total Provision Build (
Slide 15: Strong capital position provides strategic flexibility
Strong capital position provides strategic flexibility Solvency Ratios (%) 168 161 16.4 ws 136 13.1 13.3 - 110 113 Excess Capital (TL bn): © CAR: 129.4 © Tier-1: 91.4 © CET-1:74.5 2025 1Q26 1H26 9M26 CET-1 Tier-1 =CAR > Ample capital buffers support selective growth and the ability to capture emergi
Slide 16: Positioned for recovery, with fundamentals intact
Positioned for recovery, with fundamentals intact TL Loan Growth FX Loan Growth (in usp) NIM (swap adj.) Net fees & com. growth Opex growth Cost/ Income © NPL Net total CoC (excl. ccy impact) ROE (one-off adj.) Revised Guidance 9M26 > 30% 20.6% High-single digit 8.2% 3.2 - 35% 2.8% > 30% 23.4% Low-3
Slide 17: ESG performance at a glance
17 ESG performance at a glance SUSTAINABLE FINANCE Supporting a more sustainable economy TL 905 bn sustainable finance provided since 2021 33% sustainability wholesale funding TL 25 bn total ESG-themed and ESG rated funds ® Sustainable Finance Framework in line with international standards ECOSYSTEM
Slide 18: Annex
O1 Annex AKBANK
Slide 19: Market and rate outlook charts
-50 0 50 100 150 200 Natural Gas Brent Crude Oil (Spot) Barley Sugar Brent Crude Oil (Futures) Polypropylene Coal Steel Bitcoin Wheat Corn Copper Sunflower Fertilizer Tin Aluminum Beef Iron Maximum change Nickel Gold Silver Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Fed Mar-26 Jun-26 Sep-26 ECB Dec-26 Mar-2
Slide 20: Domestic financial markets remain relatively stable
Domestic financial markets remain relatively stable FX Deposits CBRT Net Foreign Assets CPI & Funding Cost (USD bn) (excl. swap, USD bn) (2%) 94,8 48,1 460 2551 4h ve 2 « Domestic resident dollarization remains fairly Foreign exchange reserves appear sufficient Tight monetary stance set to be preser
Slide 21: Strategic asset allocation reinforces long-term value creation
Strategic asset allocation reinforces long-term value creation Composition of Assets (TL bn, %) 4,198 4 3,559 12 3 18% 22 54 2025 9M26 qa) mLoans (net) mSecurities mReserve Requirement = Other = Liquid assets 21 (1) Cash and cash equivalents Composition of Liabilities (TL bn, %) 4,198 7 2025 9M26 De
Slide 22: Broad-based external funding across maturities & structures
Broad-based external funding across maturities & structures ws Funding vs FX WS Funding Maturity Profile Totak USD107bn Liquidity Buffer (USD mn) PerpNCS5.25: 1% call date Avg. maturity: 25 yrs (USD bn) scheduled in 2029 & call : exercise every 6 months after 1% call date ® 3Q Avg. H 2,475 FX LCR i
Slide 23: ‣ ~ ‣ ๏ ~ ๏ ๏ ๏ ๏ ‣ ‣ ~ ๏ ๏
‣ ~ ‣ ๏ ~ ๏ ๏ ๏ ๏ ‣ ‣ ~ ๏ ๏ ๏ ๏ ๏ ‣ ~ ‣ ~ ๏ ๏ ๏ ๏ ‣ ๏ ๏ ‣ ๏ ๏
Slide 24: Active customer base up 83% since 21YE, reaching 15.5 mn
Active customer base up 83% since 21YE, reaching 15.5 mn +7.0 mn 15.5 mn Active Active customers customer base since 21YE ~7L% ~70% Credit Cards Time deposit sold through account digital openings through channels digital channels (2) Based on MIS dota. Active: Login in last 3 months 24. (2) includin
Slide 25: Full scale financial powerhouse
Full scale financial powerhouse Subsidiaries’ Net Income AKBANK AG / Banking Gian) > Akbank Group's European flagship with a robust 28.6% CAR as of 9M26 AKLease /Leasing * Net lease receivables market share of 12.0% “ AKYatirim / Brokerage 7,984 > Leader in corporate bond issuances ® with 34% market
Slide 26: Snapshot of Results
Snapshot of Results Profitability (%) 9M25 2025 9M26 ~ 9M26 ROE: Excl Competition ROE 20.4 215 19.4 Board penalty provision expense: ROE, Quarterly 210 24.9 141 201% ROA 18 19 16 " ROA, Quarterly 18 22 11 Swap Adj, NIM ae a3 ee 9M26 ROA: Excl Corn . : petition onigP Adj. NIM, Quarterly soa soe sea B
Slide 27: Balance Sheet Highlights
27 Balance Sheet Highlights Consolidated (TL mn) Cash and due from Banks Securities TL FX (USD) Loans (net) TL FX (USD) Other Total Assets Deposits TL FX (USD) Funds Borrowed and Bonds Issued Repo Other Equity Total Liabilities and S/H Equity 2025 621,183 803,398 528,250 6,422 1,850,222 1,270,556 13
Slide 28: Income Statement Highlights
Income Statement Highlights Consolidated (TL mn) 2Q26 3Q26 QoQ(%) 9M25 9M26 YoY(%) Net Interest Income incl. swap cost 26,870 21,108 (21) 47,325 75,141 So Nil 44941 42,346 (6) 70,691 130,373 84 o/w CPl-linker income 20,750 17,251 (7) 50,078 52,942 6 Swap Cost (18,071) (21,238) 18 (23,366) (55,232) 1
Slide 29: Transparent & holistic approach validated in our ratings
Transparent & holistic approach validated in our ratings Indices MSCI & Range AAA/CCC. Score A MSCI Dec'23 Dec'24 Oct'25 Mar'26 29 REFINITIV IK 0 SUSTAINALYTICS A+/D- O0-40+ A (vow tld Progress Refinitiv Sustainalytics __-&—_2—® _28—3—s 2022 2023 2024 2025 2023 2024 2025 2026 Wepp A/D- A CDP (Climat
Slide 30: Collaborations with national and international initiatives
30 environment programme finance initiative G 30%+ Club PATH TO PARITY FTSE4Good BORSA ISTANBUL Collaborations with national and international initiatives net-zero banking alliance AKBANK
Slide 31: Disclaimer Statement
Disclaimer Statement The information and opinions contained in this document have been compiled or arrived at by Akbank from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made as to their accuracy, completeness or correctness. All opin