1) The previous year’s figures only refer to those activities then presented as continuing operations (excluding non-controlling interests). 2) Adjusted for costs for efficiency measures, IT infrastructure investments and other material non-recurring effects 3) Consolidated net income allocated to ordinary shareholders 4) In line with common practice in the banking sector, bank levy and contributions to the deposit guarantee scheme are not included; costs for efficiency measures, IT infrastructure investments and other material non-recurring effects are also excluded. 5) The allocation of earnings is based on the assumption that net interest payable on the AT1 bond is recognised on an accrual basis. 6) Without taking into account non-controlling interest income 7) 31 December 2024: including profits for 2024 less dividends (which have already been distributed) and including the accrual of interest on the AT1 bond. 31 December 2025: including profits for 2025, deducting a planned dividend in line with the previous dividend policy and including the accrual of interest payable on the AT1 bond. The SREP recommendations concerning the non-performing loans (NPL) inventory were taken into account, as well as the ECB’s NPL guidelines for the regulatory capital for new NPLs and an additional voluntary and preventive capital deduction for regulatory uncertainties from ECB inspections. 8) Please refer to our website (www.aareal-bank.com/en/responsibility/reporting-on-our-progress/) for more details
