Market announcement

Title

Bigbank AS Results for April 2026

Message

Bigbank continued its strong performance in April 2026. The loan and deposit
portfolios recorded solid growth, a free debit card was introduced for retail
customers in the Baltics, and the Bank achieved its highest monthly profit of
the year to date.

The loan portfolio increased by 66 million euros during the month. Growth was
driven primarily by the business loan portfolio, which grew by 56 million euros,
and the home loan portfolio, which increased by 11 million euros, while the
consumer loan portfolio decreased by 1 million euros.

The deposit portfolio grew by a total of 68 million euros in April. Term
deposits increased by 49 million euros and savings deposits by 10 million euros.
Current account balances grew by 6 million euros during the month, and the
number of customers actively using Bigbank for daily banking increased alongside
the growth in current account balances.

The expanding loan portfolio was the main driver of net interest income growth.
Although the 6?month Euribor, which rose to 2.5% in March and remained at that
level in April, has not yet had a significant impact on interest income, a
higher interest rate environment will increasingly affect both interest income
and interest expenses over time. Compared to the same period last year, net
interest income increased by 5.4 million euros over the first four months of the
year.

The credit quality of the loan portfolio remained strong. Despite the
significant growth in the loan portfolio, the total expense on the net allowance
for expected credit losses and provisions decreased by 2.6 million euros (-45%)
compared to the first four months of the previous year. The share of
non?performing exposures (Stage 3) remained at the level recorded at the end of
the first quarter, accounting for 4.3% of total loan receivables.

Bigbank employed 672 people at the end of April. Team expansion and salary
growth resulted in a 3.2?million?euro increase in personnel expenses in the
first four months of the year compared to the same period last year.
Administrative expenses increased by 0.6 million euros over the same period.

Net profit for April amounted to 4.1 million euros. The increase in net interest
income driven by business growth, together with the decline in expected credit
loss expenses resulting from the strong quality of the loan portfolio, had a
more positive impact on profitability than the increase in personnel and
administrative expenses. Nevertheless, net profit for the Group for the first
four months of the year declined by 1.2 million euros compared to the same
period in 2025. This decrease was primarily due to a 2.6?million?euro impairment
of the Group's agricultural land recognised in the first quarter. Excluding this
impairment, net profit for the first four months would have increased by 1.4
million euros.

Bigbank's key financial indicators for April 2026:

  * Customer deposits and loans received increased by 534 million euros
    year?on?year, reaching 3.1 billion euros (+21%).
  * Loans to customers grew by 530 million euros year?on?year, reaching 2.9
    billion euros (+22%).
  * Net interest income amounted to 10.1 million euros in April and 39.4 million
    euros for the first four months of the year. Compared to the same period
    last year, net interest income increased by 5.4 million euros (+16%).
  * The net allowance for expected credit losses and provisions totalled 3.2
    million euros for the first four months, 2.6 million euros less than a year
    earlier (-45%).
  * Net profit for April was 4.1 million euros. Net profit for the first four
    months amounted to 11.7 million euros, declining by 1.2 million euros
    compared to the same period in 2025 (-10%).
  * Return on equity (ROE) for April was 16.5%.

 Income statement, in thousands of                                  Difference
 euros                                Apr 2026     YTD26     YTD25     YoY
-------------------------------------------------------------------------------
 Total net operating income, incl.      10,890    41,480    38,236   3,244  +8%

 Net interest income                    10,143    39,352    33,958   5,394 +16%

 Net fee and commission income             728     3,346     3,376     -31  -1%

 Total expenses, incl.                  -5,602   -23,309   -16,485  -6,824 +41%

 Salaries and associated charges        -3,689   -13,215    -9,993  -3,221 +32%

 Administrative expenses                -1,113    -4,271    -3,650    -621 +17%

 Profit before loss allowances           5,287    18,171    21,751  -3,580 -16%

 Net allowance for expected credit
 losses and provision expenses            -230    -3,197    -5,813   2,616 -45%

 Income tax expense                       -926    -3,310    -3,038    -272  +9%
-------------------------------------------------------------------------------
 Profit for the period                   4,131    11,664    12,900  -1,236 -10%
-------------------------------------------------------------------------------




 Business volumes, in thousands of                                  Difference
 euros                                Apr 2026     YTD26     YTD25     YoY
-------------------------------------------------------------------------------
 Customer deposits and loans
 received                            3,082,062 3,082,062 2,548,170 533,892 +21%

 Loans to customers                  2,897,419 2,897,419 2,367,531 529,889 +22%



 Key figures                                                        Difference
                                      Apr 2026     YTD26     YTD25     YoY
-------------------------------------------------------------------------------
 ROE                                     16.5%     11.6%     14.2%  -2.6pp

 Cost / income ratio (C/I)               51.4%     56.2%     43.1% +13.1pp

 Net promoter score (NPS)                   60        58        58      +0


Bigbank AS (www.bigbank.eu (https://www.globenewswire.com/Tracker?data=g-
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8QoLV1mpq-Y69DYMXQmBj8S38k=)), with over 30 years of operating history, is a
commercial bank owned by Estonian capital. As of 30 April 2026, the bank's total
assets amounted to 3.5 billion euros, with equity of 303 million euros.
Operating in nine countries, the bank serves over 198,000 active customers and
employs more than 650 people. The credit rating agency Moody's has assigned
Bigbank a long-term bank deposit rating of Ba1, along with a baseline credit
assessment (BCA) and an adjusted BCA of Ba2.

Argo Kiltsmann
Member of the Management Board
Telephone: +372 5393 0833
Email: [email protected]
(https://www.globenewswire.com/Tracker?data=CjvI-
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www.bigbank.ee (https://www.globenewswire.com/Tracker?data=g-
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