NOBA Bank Group AB (publ) Interim Report January – March 2026

FIRST QUARTER OF 2026
(COMPARED WITH THE FIRST QUARTER OF 2025)

• The loan portfolio amounted to SEK 139.2bn (123.9), corresponding to a growth of 12 per cent. The organic growth rate expressed in local currencies amounted to 11 per cent
• Operating profit amounted to SEK 1,330m (1,048), and the adjusted operating profit from core operations^¹ amounted to SEK 1,361m (1,124)
• Adjusted core profit for the period attributable to shareholders^¹ amounted to SEK 970m (830) and was negatively affected by an unusually high effective tax rate due to accounting-related currency effects
• Return on equity excluding intangible assets and Tier 1 capital instruments (ROTE) was 23.4 per cent (23.9), and the adjusted return from core operations^¹ (Core ROTE) was 24.2 per cent (25.9)

"DESPITE A TURBULENT ENVIRONMENT, NOBA CONTINUES TO DEVELOP IN LINE WITH OUR FINANCIAL PLAN."

JACOB LUNDBLAD / CEO

EVENTS DURING THE FIRST QUARTER

On 2 February 2026, all shares in DBT Capital AB were acquired for a cash purchase price of SEK 397m. The acquisition supports NOBA’s previously communicated growth agenda and, through the acquisition, an SME vertical is established.

During the quarter, NOBA carried out a portfolio sale compris-ing non-performing loans in Sweden, with a gross volume of approximately SEK 700m, and with a somewhat positive impact on earnings.

¹ Adjusted for transformation costs, amortisation of transaction surplus values and the operating segment “Other”

For further information, please contact:

Patrick MacArthur, CFO
E-post: patrick.macarthur@noba.bank

Rickard Strand, Head of Investor Relations
E-post: ir@noba.bank

Oliver Hofmann, Head of Communications & ESG
E-post: press@noba.bank

About NOBA Bank Group

With a diversified offering through our four brands – Nordax Bank, Bank Norwegian, Svensk Hypotekspension and DBT – and over two million customers, we have the size, knowledge and scalability required to enable financial health for more people. NOBA provides specialized, customer-centric financial offerings that are sustainable for the individual, the SME, the bank and society at large, today and in the future. The NOBA group has over 700 full-time employees and is active in eight markets. As of 26 September 2025, the NOBA share is listed on Nasdaq Stockholm.

Read more about NOBA and our brands at www.noba.bank.