Oma Säästöpankki Oyj

Oma Savings Bank Plc lowers its earnings guidance for 2026

OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE, 29 SEPTEMBER 2025 AT 19:45 P.M. EEST, INSIDE INFORMATION

Inside information, negative profit warning: Oma Savings Bank Plc lowers its earnings guidance for 2026

Oma Savings Bank Plc (OmaSp or the Company) lowers its earnings guidance for 2026. The change is attributable to declining net interest income following a decrease in the loan portfolio, as well as slower-than-estimated growth in fee and commission income. Non-performing loans are also declining more slowly than anticipated and have a more negative impact on the development of impairment losses than previously estimated.

New business outlook and earnings guidance for 2026 (updated 29 September 2026):

The business outlook for OmaSp for the financial year 2026 is influenced by overall uncertainty, low demand for housing loans, and the continued low investment appetite among SMEs. These factors negatively affect the loan portfolio, and net interest income is expected to decrease compared with the previous financial year. In line with its strategy, the Company is focusing on diversified earnings generation and growth in fee income. Due to changes in the operating environment, fee and commission income is, however, estimated to grow more slowly than anticipated. While the growth in the Company's cost base has slowed down compared with the previous financial year, the tender offer process is resulting in unforeseen expenses. The Company estimates that impairment losses on financial assets will remain below the level of the previous financial year, but non-performing loans are declining more slowly than anticipated and are having a more negative impact on the development of impairment losses than previously estimated.

Oma Savings Bank Plc provides earnings guidance for comparable profit before taxes for 2026. The earnings guidance is based on the forecast for the entire year, which takes into account the current market and business situation. The forecast is based on the management’s assessment of the Group’s business development.

We estimate that the Group’s comparable profit before taxes for the financial year 2026 will decrease significantly compared with the previous financial year (comparable profit before taxes was EUR 56.9 million in the financial year 2025).

Previous business outlook and earnings guidance (specified 13 August 2026)

The business outlook for OmaSp for the financial year 2026 is influenced by the overall housing market situation and the impact of market conditions, particularly on the investment appetite among SMEs. As a result of declining market interest rates and changes in the loan portfolio, net interest income will decrease compared with the previous financial year. In line with its strategy, the Company is focusing on diversified earnings generation and growth in fee income. The tender offer announced in early July for all shares in the Company may affect the Company's business operations. While the growth in the Company's cost base has slowed compared with the previous financial year, the tender offer process may give rise to additional unforeseen expenses. OmaSp estimates that impairment losses on financial assets will remain below the level of the previous financial year.

We estimate that the Group's comparable profit before taxes for the financial year 2026 will decrease slightly compared with the reference period. (Comparable profit before taxes for the financial year 2025 was EUR 56.9 million.)

Oma Savings Bank Plc

Additional information:

Karri Alameri, CEO, tel. +358 20 758 3040, karri.alameri@omasp.fi

Sarianna Liiri, CFO, tel. +358 40 835 6712, sarianna.liiri@omasp.fi

Pirjetta Soikkeli, CCO, tel. +358 40 750 0093, pirjetta.soikkeli@omasp.fi

DISTRIBUTION:

Nasdaq Helsinki Ltd

Major media

www.omasp.fi

OmaSp is a solvent and profitable Finnish bank. About 600 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.