Banco de Sabadell S A : 4Q22 Results Presentation

FY2022

results

January 26, 2023

index

1

2

3

4

2022 highlights

Financial results

Balance sheet

Closing remarks

2022 highlights

2022 key messages

Commercial activity

Moderate loan growth (+0.8% YoY)

Robust PoS transactions (+25% YoY)

Improved asset quality

NPL ratio 3.41% (-25bps YoY)

RoTE2

7.8%

CET1 FL

12.54%

Strong growth of core results

Core results1 +26% YoY

Further increase in profitability

2022 Net Profit €859M

(+62% YoY)

Pay-out ratio increased to 50%, combining a cash dividend with a share buyback

4

1 NII + fees - recurrent costs. 2 Excluding €25M related to TSB's IT migration fine and the claim recoveries ROTE stands at 8.0%.

Commitment to sustainability is driving ESG ratings improvement

• In March 2022 we presented our Sabadell Commitment to Sustainability
• In December 2022 we established our 2030 decarbonisation targets for four CO2 intensive industries, following membership of the Net Zero Banking Alliance
• We continue to make progress on our main targets and commitments (selected targets):

Institution

CustomersInvestors

Society

Progress as a Sustainable Institution

• Female membership of management teams increased to 30%

Support customers in the transition to a sustainable economy

• €14.8bn mobilised in sustainable finance in 2022
• Significant cumulative growth to date towards the target (in €):

Offer investment opportunities that contribute to sustainability

• 79% AuM invested in eligible sustainability funds1 (Art. 8 and Art. 9)

Work together for a sustainable and cohesive society

• Sogeviso (social housing)
• Banco Sabadell Foundation
• Signatory of Code of Good Practice

29% 30% 33%

2021 2022 2025

>11bn	>25bn	65bn	21%	79%2	80%
2021	2022	2025	2021	2022	2025

2020		20223
Banco de Sabadell S.A.		Banco de Sabadell S.A.
Banks		Banks
	Continuous improvements	QoQ
S&P Global ESG Score 2020	S&P Global ESG Score 2022
55 /100	in ESG ratings and	+2.3%
Group
indexes during the last two
74 /100
Scores are industry specific.	years	Scores are industry specific.
Learn more at spglobal.com/esg/scores		Learn more at spglobal.com/esg/scores

1	Funds sold under the SABAM and other Amundi asset managers' brands. They are considered sustainability funds according to Article 8 or 9 of the EU SFDR. Article 8: financial product that promotes, among other characteristics,	5
environmental or social characteristics or a combination of those characteristics. Article 9: financial product that has sustainable investment as its objective. 2 Excludes guaranteed funds. Including guaranteed funds it stood at 68%.
3	Data as of January, 20, 2023.