Fellow Bank's Financial Review 2022

Investor and analyst presentation 16.2.2023

1 16.2.2023

Fellow Bank

Mission

To offer the smoothest everyday digital banking services for individuals and SMEs.

Strategic cornerstones

Superior customer

Profitable products for

experience

selected customer

segments

Operational efficiency

Financially solid,

trustworthy, Finnish bank

Loan portfolio (capital)

Deposits

160 M€

247 M€

Capital adequacy

Income

16,8%

10,2 M€

Active customers

Customer Net Promoter

48 200

Score 57

2 16.2.2023

2022 in Brief

  • Launch of banking operations and merger with Evli Bank succeeded excellently.
  • Loan portfolio increased during the period to 160 M€.
  • Deposits remained at a stable level and totaled 247 M€.
  • 2022 result was -9,7 M€ negative, but profitability improved substantially: -2,3 M€ in H2 (H1: -7,4 M€).
  • Strategic transition from a lender to a digital bank progressed successfully. New digital banking services have received positive feedback from our customers (customer satisfaction measured as NPS was 57 for 2022).
  • Capital adequacy was at a solid level: 16.8 %.

3 16.2.2023

Key Figures

Loan portfolio (capital) has grown strongly

Deposit base has been stable

4 16.2.2023

Key Figures

Profitability improving

Total income increasing

Capital adequacy on a solid level

Operational efficiency improving

Net loan losses decreasing

Expenses include investments in banking operations

5 16.2.2023

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Fellow Pankki Oyj published this content on 16 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 February 2023 09:58:02 UTC.