www.mfb.hu/eng I mfb@mfb.hu Company registration number: 01-10-041712 Address: 31. Nádor Street 1051 Budapest Pone: +36 1 428 1400 Budapest Metropolitan Court as Court of Registration Postal address: 678 P.O.B. 1365 Budapest Fax: +36 1 428 1490 DECLARATION Here we provide you the consolidated annual report of MFB Hungarian Development Bank Private Limited Company (hereinafter: “Bank” or “MFB Zrt.”) and its subsidiaries (hereinafter: “the Group”) for the year 2024. MFB Zrt. fulfils its obligation to prepare consolidated annual financial statements pursuant to Article 10 paragraph (2) of Act C of 2000 on Accounting by preparing consolidated financial statements in accordance with the International Financial Reporting Standards (IFRS) published in the form of a regulation in the Official Journal of the European Union. On behalf of MFB Zrt., we hereby declare that the consolidated annual financial statements for the year 2024, prepared in accordance with IFRS as adopted by the EU contain true data and statements, and do not fail to disclose any fact that may be of relevance for assessing the financial position of the Group. The consolidated financial statements for the year 2024 prepared in accordance with the applicable accounting standards and to our best knowledge, give a true and fair view of the assets, liabilities, financial position and profit of the Group, and the consolidated management report gives a fair view of the position, development and performance of the Group and on the Group's environmental, social and corporate governance practices together with a description of the principal risks and uncertainties that they face. The Bank has prepared its consolidated financial statements in the format prescribed by the COMMISSION DELEGATED REGULATION (EU) 2019/815 of 17 December 2018 on supplementing Directive 2004/109/EC of the European Parliament and of the Council with regard to regulatory technical standards on the specification of a single electronic reporting format (hereinafter: “ESEF”). The digitally signed version of the consolidated financial statements available for inspection at the Bank's registered office (H-1051 Budapest, Nádor utca 31., Hungary), and can be downloaded from the official website of MFB Zrt. at the following link: https://www.mfb.hu/en/reports-s2012 Budapest, 8 April 2025 Bence Gergely Katona Dániel Csányi Chairman and Chief Executive Officer Managing Director

MFB HUNGARIAN DEVELOPMENT BANK PRIVATE LIMITED COMPANY AND ITS SUBSIDIARIES Consolidated Financial Statements in accordance with International Financial Reporting Standards as adopted by the EU 31 December 2024

Table of contents Consolidated Financial Statements Consolidated Statement of Financial Position....................................................................... 1 Consolidated Income Statements .......................................................................................... 3 Consolidated Statement of Other Comprehensive Income ................................................... 4 Consolidated Statement of Changes in Shareholder’s equity................................................ 5 Consolidated Statement of Cash Flows ................................................................................. 6 Notes to the Consolidated Financial Statements: 1. Principal activities of the group ........................................................................................ 8 2. Basis of preparation ........................................................................................................ 12 3. Material accounting policies ........................................................................................... 15 a) Basis of consolidation ................................................................................................ 15 b) Foreign currency transactions ................................................................................... 15 c) Financial assets and liabilities ................................................................................... 16 i. Recognition................................................................................................................. 16 ii. Derecognition ............................................................................................................. 17 iii. Measurement .............................................................................................................. 20 iv. Classification .............................................................................................................. 20 v. Amortized cost measurement ...................................................................................... 21 vi. Impairment of financial assets ................................................................................... 21 vii. Collateral valuation ................................................................................................... 26 viii. Write-offs................................................................................................................ 26 ix. Forborne and modified loans ..................................................................................... 27 d) Leasing ....................................................................................................................... 28 e) Impairment of non-financial assets ............................................................................ 28 f) Cash and cash equivalents ......................................................................................... 29 g) Loans and advances to banks and to customers ......................................................... 29 h) Securities .................................................................................................................... 30 i) Encumbered assets ..................................................................................................... 30 j) Investments ................................................................................................................. 30 k) Derivative financial instruments ................................................................................ 31 l) Hedge accounting ....................................................................................................... 31 m) Investment property .................................................................................................... 32 n) Bonds issued ............................................................................................................... 32 o) Provisions ................................................................................................................... 33 p) Offsetting .................................................................................................................... 33 q) Commitments and contingencies ................................................................................ 33 r) Interest income and expense....................................................................................... 33 s) Fee and commission income and expense .................................................................. 34 t) Current and other taxes .............................................................................................. 34 u) Events after the reporting period ............................................................................... 36 v) Restatements due to previous year's error ................................................................. 37 w) New or modified standards and interpretations ......................................................... 37 4. Cash, cash balances at the central Banks and other demand deposit .............................. 40 5. Non-trading financial assets mandatorily at fair value through profit or loss ................ 40 6. Financial assets at fair value through other comprehensive income ............................... 42 7. Financial assets at amortized cost ................................................................................... 43 7.1 Loans ................................................................................................................................. 44 7.1.1 Information on payment relief programs provided in view of the emergency situationon interest rate freeze provided in view of the state of emergency .............................................. 46 7.2 Debt securities ................................................................................................................... 48 7.3 Deposits at central and other banks ................................................................................... 49

7.4 Other financial assets......................................................................................................... 50 8. Investments in associates ................................................................................................ 50 9. Derivatives ...................................................................................................................... 58 10. Hedge accounting ........................................................................................................... 59 11. Property, plant and equipment and investment properties .............................................. 62 11.1 Property, plant and equipment ......................................................................................... 62 11.2 Investment Properties ...................................................................................................... 64 12. Intangible assets .............................................................................................................. 65 13. Other assets ..................................................................................................................... 66 14. Receivables on the State due to currency-hedging agreement........................................ 68 15. Financial liabilities measured at amortized cost ............................................................. 69 15.1. Debt securities issued ..................................................................................................... 70 16. Provisions ....................................................................................................................... 72 17. Other liabilities ............................................................................................................... 73 18. Share capital, share premium and valuation reserve ....................................................... 73 19. Other reserves and non-controlling interest .................................................................... 74 20. Contingent and future liabilities ..................................................................................... 74 21. Net interest income ......................................................................................................... 75 22. Dividend income............................................................................................................. 76 23. Net fee and commission income ..................................................................................... 76 24. Gains or (-) losses on financial assets and liabilities held for trading, net ...................... 76 25. Gains or (-) losses on non-trading financial assets mandatorily at fair value through profit or loss, net ...................................................................................................................... 76 26. Other operating income/expenses ................................................................................... 77 27. General and administrative expenses .............................................................................. 78 28. Provisions or (-) reversal of provisions........................................................................... 79 29. Impairment (-) or reversal of impairment of financial instruments ................................ 81 30. Impairment or (-) reversal of impairment of investments in associates .......................... 89 31. Taxation .......................................................................................................................... 90 32. Related parties ................................................................................................................ 93 33. Segment reporting........................................................................................................... 95 34. Financial risk management ........................................................................................... 100 A. Credit risk ................................................................................................................. 103 B. Liquidity risk............................................................................................................. 129 C. Market risks .............................................................................................................. 133 D. Operational risk ....................................................................................................... 137 E. Capital management................................................................................................. 138 F. Fair value ................................................................................................................. 140 35. Offsettings..................................................................................................................... 148 36. Maturity table................................................................................................................ 150 37. Exercising Owner’s rights ............................................................................................ 151 38. Events after the reporting period .................................................................................. 153

MFB Hungarian Development Bank Private Limited Company and its subsidiaries Consolidated Statement of Financial Position - 31 December 2024 (amounts presented in million HUF) The accompanying notes to financial statements form an integral part of these consolidated financial statements 1 ASSETS Notes 31.12.2024 31.12.2023 01.01.2023 3v) Restated Restated Cash, cash balances at central banks and other demand deposits 4 72 335 404 217 99 001 Financial assets held for trading 9 24 136 2 715 2 454 Derivatives 24 136 2 715 2 454 Non-trading financial assets mandatorily at fair value through profit or loss 5 806 614 639 722 407 465 Debt securities 775 585 603 156 369 647 Loans 31 029 36 566 37 818 Loans to customers 3 235 5 316 6 459 Loans to banks 27 794 31 250 31 359 Financial assets at fair value through other comprehensive income 6 53 176 91 317 92 026 Of which assets encumbered 932 890 729 Equity instruments 25 811 40 263 31 489 Debt securities 27 365 51 054 60 537 Financial assets at amortized cost 7 2 125 803 1 870 770 1 849 096 Of which assets encumbered 245 984 302 255 319 668 Debt securities 441 220 443 550 439 103 Loans 1 656 348 1 376 709 1 378 824 Loans to customers 1 472 719 1 298 418 1 298 497 Loans to banks 183 629 78 291 80 327 Other financial assets 1 647 23 510 4 322 Deposits at central and other banks 26 588 27 001 26 847 Derivatives – Hedge accounting 9, 10 7 810 7 831 15 128 Fair value changes of the hedged items in portfolio hedge of interest rate risk 10 12 580 11 550 0 Investments in associates 8 460 663 332 488 262 662 Property, plant and equipment 11 6 493 6 215 6 579 Investment property 11.1 33 950 33 941 33 750 Intangible assets 12 7 843 7 312 6 815 Tax assets 31 506 885 72 Current tax assets 333 696 0 Deferred tax assets 173 189 72 Other assets 13 35 546 26 718 31 441 Receivables from the state due to currency-hedging agreement 14 190 120 166 085 182 040 TOTAL ASSETS 3 837 575 3 601 766 2 988 529

MFB Hungarian Development Bank Private Limited Company and its subsidiaries Consolidated Statement of Financial Position - 31 December 2024 (amounts presented in million HUF) The accompanying notes to financial statements form an integral part of these consolidated financial statements 2 LIABILITIES Notes 31.12.2024 31.12.2023 01.01.2023 3v) Restated Restated Financial liabilities held for trading 9 685 8 508 4 062 Derivatives 685 8 508 4 062 Financial liabilities measured at amortized cost 15 3 000 896 2 819 352 2 257 815 Customer deposits 87 098 110 936 48 520 Loan from banks 1 215 189 933 853 786 907 Debt securities issued 15.1 1 685 316 1 762 504 1 402 562 Other financial liabilities 13 293 12 059 19 826 Derivatives – Hedge accounting 9, 10 22 552 14 187 0 Provisions 16 13 540 6 346 4 940 Tax liabilities 31 4 665 4 012 4 288 Current tax liabilities 400 264 1 263 Deferred tax liabilities 4 265 3 748 3 025 Other liabilities 17 32 176 28 445 33 431 TOTAL LIABILITIES 3 074 514 2 880 850 2 304 536 Share capital 18 519 900 519 900 519 900 Share premium 18 84 773 84 773 81 870 Valuation reserve 18 (296) (653) (5 505) Retained earnings 19 156 753 115 604 86 670 Other reserves 19 1 931 1 292 1 058 Equity attributable to the owner 763 061 720 916 683 993 Non-controlling interest 19 0 0 0 TOTAL EQUITY 763 061 720 916 683 993 TOTAL EQUITY AND LIABILITIES 3 837 575 3 601 766 2 988 529 Budapest, 8 April 2025 Bence Gergely Katona Dániel Csányi Chairman and Chief Executive Officer Managing Director

MFB Hungarian Development Bank Private Limited Company and its subsidiaries Consolidated Income Statements - 31 December 2024 (amounts presented in million HUF) The accompanying notes to financial statements form an integral part of these consolidated financial statements 3 Notes 2024 2023 3v) Restated Interest income calculated using the effective interest method 143 769 137 055 Other similar income 67 030 80 799 Interest expenses (197 833) (193 998) Net interest income 21 12 966 23 856 Dividend income 22 1 254 946 Fee and commission income 7 623 6 732 Fee and commission expenses (1 052) (982) Net Fee and commission income 23 6 571 5 750 Gains or (-) losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net 196 126 Gains or (-) losses on financial assets and liabilities held for trading, net 24 27 947 (6 420) Gains or (-) losses on non-trading financial assets mandatorily at fair value through profit or loss, net 25 39 764 21 128 Gains or (-) losses from hedge accounting, net 10 (2 677) (1 743) Exchange differences [gain or (-) loss], net (19 906) 5 841 Gains or (-) losses on derecognition of non-financial assets, net (737) 220 Other operating revenue and income 26 20 234 13 513 Total operating income 85 612 63 217 Salaries and employee benefits (20 050) (17 153) Other administrative expenses (9 909) (8 330) Administrative expenses 27 (29 959) (25 483) Depreciation (2 564) (2 448) Other operating expenses 26 (15 740) (14 973) Contract modification loss, net 7.1.1 (271) (3 230) Impairment (-) or reversal of impairment of financial instruments 29 (9 185) 3 938 Impairment (-) or reversal of impairment of investments in associates 30 (7 416) (2 060) Impairment (-) or reversal of impairment of non-financial instruments 0 (40) Profit or (-) loss from associates 8 26 042 13 142 Profit before tax 46 519 32 063 Tax expense related to profit or loss 31 (2 933) (2 694) Profit for the year 43 586 29 369 Profit attributable to non-controlling interest 19 0 0 Profit attributable to the owner 43 586 29 369

MFB Hungarian Development Bank Private Limited Company and its subsidiaries Consolidated Other Comprehensive Income Statements - 31 December 2024 (amounts presented in million HUF) The accompanying notes to financial statements form an integral part of these consolidated financial statements 4 Notes 2024 2023 3v) Restated Profit for the year 43 586 29 369 Other comprehensive income 18 357 4 852 Items that will not be reclassified to profit or loss (110) (1) Change in far value of equity instruments at fair value through other comprehensive income (120) (1) Tax impact of items that will not be reclassified to profit and loss 10 0 Items that may be reclassified to profit or loss 467 4 853 Debt instruments at fair value through other comprehensive income 430 4 942 Fair value change 430 4 942 Profit recognized in the income statements 0 0 Tax impact of items that will be reclassified to profit and loss 37 (89) Total comprehensive income for the year 43 943 34 221 Comprehensive income, (-) expense attributable to non-controlling interest 0 0 Comprehensive income, (-) expense attributable to the owner 43 943 34 221

MFB Hungarian Development Bank Private Limited Company and its subsidiaries Consolidated Statement of Changes in Shareholder’s Equity - 31 December 2024 (amounts presented in million HUF) The accompanying notes to financial statements form an integral part of these consolidated financial statements 5 Share Capital Share premium Other Reserves Retained earnings Valuation reserve Non- controlling interest Total Notes 18 19 19 18 20 Balance on 1st January 2023 – Restated 3v) 519 900 81 870 1 058 86 670 (5 505) 0 683 993 Profit for the year 29 369 29 369 Other comprehensive income 4 852 4 852 Total comprehensive income 29 369 4 852 34 221 General reserve allocation 19 234 (234) 0 Capital contribution 18 2 903 2 903 Changes in ownership (123) (123) Derecognition of FVOCI investments (78) (78) Balance on 31st December 2023 - Restated 3v) 519 900 84 773 1 292 115 604 (653) 0 720 916 Profit for the year 43 586 43 586 Other comprehensive income 357 357 Total comprehensive income 43 586 357 43 943 General reserve allocation 19 639 (639) 0 Distribution to owner 18 (307) (307) Changes in ownership (127) (127) Derecognition of FVOCI investments (1 364) (1 364) Balance on 31st December 2024 519 900 84 773 1 931 156 753 (296) 0 763 061

MFB Hungarian Development Bank Private Limited Company and its subsidiaries Consolidated Statement of Cash Flows - 31 December 2024 (amounts presented in million HUF) The accompanying notes to financial statements form an integral part of these consolidated financial statements 6 Notes 2024 2023 Operating cash flow 3v) Restated Profit/(loss) before tax 46 519 32 063 Adjustments to profit before tax Depreciation and amortization 2 564 2 448 Fair valuation impact (61 465) (12 969) Impact of equity method applied for associates (26 042) (15 060) Net profit/loss on sale of non-financial instruments 737 (220) Net interest income 21 (12 966) (23 856) Dividend income 22 (1 254) (946) Change in provisions 6 449 1 649 Change in impairment 10 203 (3 522) Operating cash flow (35 255) (20 413) Decrease/(increase)) in operating assets Non-trading financial assets mandatorily at fair value through profit or loss (59 919) (207 847) Financial assets at fair value through other comprehensive income 39 036 7 382 Financial assets at amortized cost, except debt securities (259 457) 515 Other assets (49 162) 5 748 Receivables from the State due to currency-hedging agreement (24 035) 15 954 Increase/(decrease) in operating liabilities Financial liabilities measured at amortized cost, except issued bonds 259 800 205 061 Other liabilities 108 125 (44 346) Actual cash flow movements Interest received 203 445 213 371 Dividend received 22 1 254 2 864 Interest paid (185 016) (193 698) Income tax paid (2 526) (3 288) Net cash provided by/ (used in) operating activities (3 710) (18 697)

MFB Hungarian Development Bank Private Limited Company and its subsidiaries Consolidated Statement of Cash Flows - 31 December 2024 (amounts presented in million HUF) The accompanying notes to financial statements form an integral part of these consolidated financial statements 7 Notes 2024 2023 3v) Restated Cash flow from investing activities Payments for debt securities held at amortized cost 7.2 (62 974) (20 781) Proceeds from debt securities held at amortized cost 7.2 70 866 15 858 Investments in associates (147 186) (64 083) Proceeds from sale of investments in subsidiaries and associates 2 466 363 Payments for property, plant and equipment and intangible assets and investment properties (2 526) (2 778) Proceeds from sale of property, plant and equipment 25 32 Net cash (used in) / provided by investing activities (139 329) (71 389) Cash flow from financing activities Capital increase 0 0 Capital contribution 0 2 903 Proceeds from bond issuance 15.1 145 907 723 986 Repayments for issued bond at maturity 15.1 (333 295) (330 363) Finance lease liability payments (701) (702) Net cash provided by financing activities (188 089) 395 824 Gross change in cash and cash equivalents (331 128) 305 738 Cash and cash equivalentson 1st January 4 404 749 99 011 Cash and cash equivalents on31st December 4 73 621 404 749

MFB Hungarian Development Bank Private Limited Company Notes to Consolidated Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 8

1. PRINCIPAL ACTIVITIES OF THE GROUP

MFB Hungarian Development Bank

Private Limited Company

(herein after:

“Bank” or “MFB Zrt.”) is registered as a single, stock company under Hungarian law and is licensed to conduct specialized banking activities. The Bank and its subsidiaries represent the MFB Group (hereinafter referred to “the Group”). The legal status, the role, and the activities of the Bank are regulated by Act XX of 2001 on Hungarian Development Bank Ltd. (herein after: “MFB Act.”), Act CCXXXVII of 2013 on Credit Institutions and Financial Enterprises (herein after: “Hpt.”), and the Articles of Association.

MFB Zrt. is responsible for

providing the necessary development resources

to achieve the economic

development objectives set out in the Government's medium- and long-term economic strategy, partly independently and partly in cooperation with other domestic and international organizations in the following activities: a) the sourcing and mediation of medium and long term domestic and foreign funding and subsidies to achieve economic development aims; b) loan and capital financing of investments in connection with – from a national economic aspect – preferential cases, and other state or local government developments and investments, and other developments and investments in connection or for the enlargements of these;

c) financing loans and capital for companies resident in

Hungary

– primarily small and medium- sized enterprises sector –, holding funds established by law, agricultural businesses and farmers, d) the financial execution of state and local government developments and investments related to EU membership, and the Bank participates in tasks related to the drawing of European Community funds (including mediation of subsidies and sourcing and mediation of resources from international economic or financial institutions); e) attend in tasks related to state, communal and international development disbursements (especially management of mediation and use of development disbursements and subsidies, attend in relating contributory tasks, settlement and valuation of used disbursements); f) the mediation of EU funds and in connection with this, loan and equity financing, providing guarantee and surety; g)

the exercising of owners’ rights in the name of the

Hungarian State

, and in case of State

-owned companies– participate in the realization of significant developments, investments, expansion, increasing of effectiveness and improvement of competitiveness and other roles defined in the MFB Act. (see Note 37) to ensure sufficient development funding to achieve the economic development aims determined by the Government’s medium- and long-term economic strategy. MFB Zrt. as the implementing body of the fund of funds, manages the implementation tasks delegated by the managing authority in connection with the financial instruments considering the principles of an efficient and effective financial management. The management of the implementation of the financial instruments are as follows: • Programming – The MFB Zrt. in cooperation with the Ministry of Public Administration and Regional Development and the managing authority, compilesfinancial programs based on market research and if it’s needed modifies the existing programs. • Tendering – The MFB Zrt. invites potential financial intermediaries for an open call tender. • Selecting – The MFB Zrt. manages the process of the selection of the financial intermediaries. • Contracting – The MFB Zrt. is contracting with the selected financial intermediaries. • Operating - The MFB Zrt ensures the continuous and uninterrupted operation of the financial programs, controls the contractual fulfillment of the financial intermediaries. Continuously measures the operation of the programs and if it’s needed takes suggestions for the modification of the conditions of the program.

• Closing – The MFB Zrt. accounts with the financial intermediaries during the closing process.

The Bank’s registered office is located at

Nádor

street 31, 1051 Budapest

, Hungary. The Bank

operates in Hungary. The Bank’s website address is www.mfb.hu The Hungarian State has a 100% ownership share in the Bank. As of the State, as a shareholder, is represented by the minister responsible for national economy. The Bank is obliged to have its consolidated financial statements audited. The details of the auditor are as follows: Gabriella Gábor registered auditor Registration number: 007036 Forvis Mazars Limited Company Fiastyúk street 4-8. 2.floor, Budapest 1139 Firm registration number: 000220 The person in charge to direct and manage the related accounting services: Krisztina Sulyok director Chartered accountant registration number:006660 Those entitled to sign the consolidated financial statements: Bence Gergely Katona Chairman and Chief Executive Officer (13. Országház Street Budapest 1014) and Dániel Csányi Managing Director (12/A. Mikes Street, Jászárokszállás, 5123)

A. Members of the Group (subsidiaries) Name of the subsidiary Activity Owner Voting power 2024 2023 MFB-Ingatlanfejlesztő Zrt. Real estate portfolio management MFB 100% 100% MKK Magyar Követeléskezelő Zrt. Workout/Factoring MFB 100% 100% MFB Növekedési Tőkealap Venture capital fund MFB 100% 100% MFB Vállalati Beruházási és Tranzakciós Magántőkealap Venture capital fund MFB 100% MFB Invest Befektetési és Vagyonkezelő Zrt. Investment portfolio management MFB 99.99% 99.99% Hiventures Kockázati tőkealap-kezelő Zrt. Venture capital and private equity fund management Invest 99.99% 99.99% Divat&Design Tőkealap Venture capital fund Invest 99.99% 99.99% All the above companies are incorporated in Hungary.

MFB-Ingatlanfejlesztő Zrt. (MFB-Property Development Private Company Limited by Shares) One of the company’s activities is to register the real estates transferred from other MFB Group members, in addition to monitor the legal, technical and market status. It is also the company competence to decide on utilization or sale of those real estates. In line with its vision and approved strategy by MFB Zrt, in case of tenants or other potential utilization intention that fit the Group’s strategy it carries out such value-added developments at its own risk and expense that makes the real estates in all other respects suitable for functions according to the end-user's needs i.e., where necessary performs targeted property development activities. MKK Magyar Követeléskezelő Zrt. (MKK Hungarian Claim Work-out Private Limited Company) Financial enterprise responsible for the purchasing of receivables, collection management, factoring activity. The company also acts as the Group’s work out department but mainly buys claims from other market players. MFB Növekedési Tőkealap– Herein after: „NTA” (MFB Growth Fund) The purpose of the Fund is to finance micro and small and medium enterprises (or in some cases large corporates) that are at the very beginning of their development phase. According to the usual venture capital terminology, these are the incubation-sized enterprises in the seed and occasionally growth phases. In particular, the Fund intends to build a portfolio of companies that develop and sell innovative products and services. The fund is managed by Hiventures Zrt. MFB Invest Befektetési és Vagyonkezelő Zrt. (MFB Investment and Asset Management Private Limited Company) Private Equity firm responsible for financing medium-sized and larger companies’ development- type projects. It performs investments directly through acquiring shareholdings in enterprises or indirectly by investing into Funds. In accordance with the Government Decree No. 1512/2022. (X.24.) on the prospective scheme of how ownership rights and competences adhering to the State’s direct and indirect investments in collective portfolio investments, NTH National Capital Holding Private Limited Company – obtaining one preference share within the company in December 2022, consequently, became a shareholder. As part of the new operational model, MFB Invest Zrt. signed a contract in 2023, based on which MFB Invest exercises the Bank’s investor’s rights in the funds where MFB participates as an investor, and maintains relationships with the different actors in connection with the state-owned funds. Hiventures Kockázati Tőkealap-kezelő Zrt. (Hiventures Venture Capital Fund Management Company Limited by Shares) Fund management company that primarily focused on Venture Capital investments until 2019. Between 2019 and 2023, Hiventures Zrt. also participated in the establishment of private equity funds, which made it possible to finance large companies as well as SMEs, contributing to decreasing the private capital gap in the corporate sector as compared to the EU average. The fund manager is responsible for the management of funds directly and indirectly financed by MFB or directly by Eximbank Zrt. and also responsible for the management of EU-financed funds. Divat&Design Tőkealap (Fashion & Design Fund) The purpose of the Fund is to finance innovative, high growth, incubation, seed and growth/startup companies in the fashion and design sector. The fund is managed by Hiventures Zrt.

Sales, derecognitions MFB Vállalati Beruházási és Tranzakciós Magántőkealap (MFB Company Investment and Transaction Private Equity Fund– Herein after: „VBTMA”) (former MFB KKV Tőkealap (MFB SME Fund)) MFB SME FUND was established in September 2019 and its main goals were to finance the M&A activities of the medium and small enterprises, strengthening and increasing the competitiveness and the productivity of the sector. The MFB SME Fund was transformed and renamed to MFB Company Investment and Transaction Private Equity Fund in the end of 2020. The new Fund has a share capital of HUF 75 billion, and its purposes meet that of the previous Funds. Accordingly, the following sub- markets can be considered as target groups: (i) the generation change, (ii) focusing M&A transactions (iii) develop economy (iv) restructuring and (v) Small and medium enterprise and other corporate bailout capital programmes. On 1st May 2024, Hiventures Zrt. transferred the management of the fund to the fund manager FOCUS VENTURES Zrt, a company that does not belong to the Group’s interest, therefore the subsidiary status of MFB Company Investment and Transaction Private Equity Fund ceased and will hereinafter be included as an associated company.

2. BASIS OF PREPARATION

Statement of compliance These consolidated financial statements were prepared in accordance with the International Financial Reporting Standards (“IFRS”) issued by the International Accounting Standards Board (“IASB”) as adopted by the EU and interpretations issued by the International Financial Reporting Interpretations Committee (“IFRIC) as adopted by the EUand in accordance with the provisions of act C of 2000 on accounting in force in Hungary for companies preparing their annual accounts under IFRS.

Consolidated financial statements and the Separate Financial Statements were both approved by the Board of Directors on 8th April 2025.

The Bank’s consolidated and separate financial statements will be published on the same day. The accounting principles applied in the Bank’s separate financial statements do not differ from those used in the consolidated financial statements.

Basis of measurement As of the preparation of these consolidated financial statements, the Group presents assets and liabilities at amortised cost or historical cost, with the exception of those that were measured at fair value. The Group measures the following assets and liabilities at their fair value: • derivative financial instruments, • financial assets or liabilities measured at fair value through profit or loss, and • financial assets at fair value through other comprehensive income The carrying values of recognised assets and liabilities that are designated as hedged items in fair value hedges that would otherwise be carried at amortised cost are adjusted to recognise changes in the fair values attributable to the risks that are being hedged in effective hedge relationships.

Functional currency Items included in the consolidated financial statements are measured using Hungarian Forint, the currency of the primary economic environment in which the entities of the Group operate (‘the functional currency’). These consolidated financial statements are presented in Hungarian Forints rounded to the nearest million (“HUF million”). Foreign exchange rates used in these consolidated financial statements were the following: 31 December 2024 31 December 2023 (HUF) (HUF) EUR 410.09 382.78 USD 393.60 346.44 JPY 2.5126 2.4414 GBP 494.16 440.19 PLN 95.97 88.04 CHF 435.45 412.28 CZK 16.30 15.48

Reporting period These consolidated financial statements are prepared for the reporting period between 1st January 2024 and 31st December 2024.

Use of estimates and judgements The preparation of the Group’s financial statements requires management to make judgements, estimates and assumptions that affect the reported amount of income, expenses, assets and liabilities, and the accompanying disclosures, as well as the disclosure of contingent liabilities. Uncertainty about these assumptions and estimates could result in outcomes that require a material adjustment to the carrying amount of assets or liabilities affected in future periods. In the process of applying the Group’s accounting policies, management has made the following judgements and assumptions concerning the future and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. Existing circumstances and assumptions about future developments may change due to circumstances beyond the Group’s control and are reflected in the assumptions if and when they occur. Items with the most significant effect on the amounts recognized in the financial statements with substantial management judgement and/or estimates are summarized below with respect to judgements/estimates involved.

Impairment The measurement of impairment losses under IFRS 9 across all categories of financial assets requires judgement, in particular, the estimation of the amount and timing of contractual future cash flows and collateral values when determining impairment losses and the assessment of a significant increase in credit risk. These estimates are driven by several factors, in which changes can result in different levels of allowances. The Group’s expected credit loss calculations (ECL) are the outputs of complex models with several underlying assumptions regarding the choice of variable inputs and their interdependencies. Elements of the ECL models that are considered accounting judgements and estimates include: • The Group’s internal credit rating model, which assigns default probability to each rating category. • The Group’s criteria for assessing if there has been a significant increase in credit risk and thus allowances for financial assets should be measured on a lifetime expected credit loss basis and the qualitative assessment. • Development of ECL models, including different ones: formulas, relationships between macroeconomic scenarios and economic inputs, collateral values; Impact on the probability of defaults, expected exposures at defaults and loss given defaults. As per the actual loss figures, the Group regularly reviews its models and adjust when necessary. For further details please see Note 3. c) vi) and Note 34. The cash flow estimations of the purchased credit impaired receivables are calculated in a model using 24–40-week periods depending on the type of the purchased receivables. During the applied recovery process, the receivables run out over 2-10 years on average, with the return alsooccuring during said period. The amount and timeliness of cash inflows is affected by the current market conditions, regulations, the work of the courts, liquidators and the liquidation and final settlement procedures. The recovery rate is higher at the first period after the purchase (12-36 months) because the transactions of well-performing debtors run out sooner. This is followed by a period with lower recovery rate because of the inherent features of the recovery and the liquidation and final settlement procedures. The management regularly monitors and, if needed, adjusts the cash flow estimations and at the reporting date there is a complete review and update the estimation for the expected future cash flows. During the review all available past information and future expectations, which can affect the recovery of the purchased receivables, are taken into consideration.

Fair value The fair value of financial instruments is the price at which an asset can be sold or at which a liability can be transferred in the principal (or most advantageous) market at the valuation date under current market conditions (i.e., an exit price) regardless of whether that price is directly observable or estimated using another valuation technique. When the fair values of financial assets and financial liabilities recorded in the statement of financial position cannot be derived from active markets, they are determined using a variety of valuation techniques that include the use of valuation models. The inputs to these models are taken from observable markets where possible, but where this is not feasible, estimation is required in establishing fair values. The estimates include considerations on liquidity and other input parameters used within the models including credit risk (both own and counterparty), funding value adjustments and aspects of correlation and volatility. For further details about determination of fair value please see Note 34.

Legal risk The Group operates in a regulatory and legal environment that, by nature, has an element of litigation risk inherent to its transactions. As a result, it is involved in various litigation, arbitration and regulatory investigations and proceedings arising in the ordinary course of the Group’s business. When the Group can reliably measure the outflow of economic benefits in relation to a specific case and considers such outflows to be probable, the Group records a provision for the case. Where the probability of outflow is considered to be remote, or probable, but a reliable estimate cannot be made, a contingent liability is disclosed. Given the subjectivity and uncertainty of determining the probability and amount of losses, the Group considers several factors including legal advice, the stage of the matter and historical evidence from similar incidents. Significant judgement is required to conclude these estimates. For further details on provisions please see Note 16.

Exempted associates On a materiality basis and the usefulness of the information, the Group exempts some associated companies from being consolidated, so theses investments are presented in the financial statements as non-consolidated associates on at cost less accumulated impairment amount. The primary reason for the exemption is that these entities are immaterial and therefore have no impact on the financial statements. Companies in venture capital funds are also exempted from consolidation, as these firms do not have significant capital, and their activities are not material to the consolidated accounts of the Group as a whole. For these exempted companies, the numbers representing the extent of their activities are presented (see Note 8).

The effects of the war emergency The war emergency affected many areas of the economy, in response to which each country has made its own economic aid and recovery packages and laws. The Group assessed the impact on its own activities and on the activities of its clients and took them into account where it considered it necessary. The Group’s management assessed its ability to sustainably continue the operation of the business and concluded that it has the resources necessary to continue business activities for the foreseeable future. Furthermore, management is not aware of any material uncertainties that may cast significant doubt on the Group’s ability to continue as a going concern. Therefore, the financial statements continue to be prepared on the going concern basis. For further details about the measures taken due to the war emergency see Note 34.

3. MATERIAL ACCOUNTING POLICIES

a) Basis of consolidation

Subsidiaries Subsidiaries are enterprises controlled by the Group. Control exists when the Group has power over the investee, has exposure, or rights, to variable returns from its involvement with the investee, and has the ability to use its power over the investee to affect the amount of the investor’s returns. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control effectively commences until that control effectively ceases.

Associates Associates are enterprises in which the Group has significant influence. Investments in associates are accounted for under the equity method, whereby the investment is initially recognized at cost and adjusted thereafter for the post-acquisition change in the Group’s share of the investee’s net assets. The Group’s profit of loss includes its share of the investee’s profit or loss , and the Group’s other comprehensive income includes its share of the investee’s other comprehensive income.

Funds are treated as subsidiaries when the Fund manager is owned by the Group and the Group has exposures to the Fund as in this case the Group has the control over the Fund manager. When the Fund manager does not belong to the Group the fund is treated as an associate as though the control is not within the Group, but as the foundation of the given fund and therefore the setting of the basic management/investment policies give rise to the significant influence to the Group, and usually it also ensures that the Group get a seat in the Investment Committee. When the Fund manager is owned by the Group, but the Group has no exposures to the Fund and/or the Fund manager can be replaced by anytime by the majority owner the given Fund is not considered to be part of the Group. Transactions eliminated during consolidation Intercompany assets, liabilities, income, expenses and costs, and any intercompany gains and losses are eliminated in preparing the consolidated financial statements.

b) Foreign currency transactions Foreign currency transactions are converted by the Group into the functional currency using the exchange rates of the National Bank of Hungary (NBH) as at the transaction dates. Foreign exchange gains and losses resulting from the settlement of such transactions and from the conversion at year- end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognized in the income statement, except cash flow hedges and net investment hedges, which are recognized in other comprehensive income and accumulated in reserves in equity. Monetary assets and liabilities denominated in foreign currencies at the reporting date are converted to HUF at the foreign exchange rates quoted by the National Bank of Hungary at that date. Non-monetary items that are measured based on historical cost in a foreign currency are translated at the exchange rate at the date of the transaction. Non-monetary assets and liabilities that are measured at fair value in a foreign currency are translated into the functional currency at the exchange rate when the fair value is determined.

c) Financial assets and liabilities Financial assets and liabilities, except for derivative financial instruments are initially recognized by the Group on the settlement date, i.e., the date that the Bank transfers the instrument. This includes regular purchases or sales of financial assets that require delivery of assets within the time frame generally established by regulation or convention in the marketplace. Derivative instruments are recognized on trade date when the Group becomes a party of the contractual provisions of the instruments. i. Recognition The Group only measures its “financial assets at amortized cost” if both of the following conditions are met: • the financial asset is held within a business model with the objective to hold financial assets to collect contractual cash flows • the contractual terms of the financial asset on specified dates result in cash flows that are solely payments of principal and interest (hereinafter referred to “SPPI”) on the principal amount outstanding. The details of these conditions are outlined below. The Group classifies the following instruments in the FVOCI financial instruments category: • equity instruments that have been marked in this way at initial recognition; • debt instruments for which, as a result of the business model test, it has been established that the business model is intended to collect contractual cash flows related to the debt instrument and at the same time to sell financial instruments, and as a result of the SPPI test, the contractual terms of the financial instrument at specified times result in cash flows that are only payments of principal and interest on outstanding principal amounts. Business model assessment The Group determines its business model at the level that best reflects how it manages groups of financial assets to achieve its business objective. The Group's business model is not assessed on an instrument-by-instrument basis, but at a higher level of aggregated portfolios and is based on observable factors such as: • how the performance of the business model and the financial assets held within that business model are evaluated and reported to the entity's key management personnel • the risks that affect the performance of the business model (and the financial assets held within that business model) and, in particular, the way those risks are managed • how managers of the business are compensated (for example, whether the compensation is based on the fair value of the assets managed or on the contractual cash flows collected) • the expected frequency, value and timing of sales are also important aspects of the Bank’s assessment. The business model assessment is based on reasonably expected scenarios without taking 'worst case' or 'stress case’ scenarios into account. If cash flows after initial recognition are realized in a way that is different from the Group’s original expectations, the Group does not change the classification of the remaining financial assets held in that business model but incorporates such information when assessing newly originated or newly purchased financial assets going forward. The Group included its full loan portfolio in the "held to collect" business model, since its primary objective is to collect capital and interest cash flows. Those securities which are held to maintain the long-term liquidity, or which has been deposited (pledged) behind credit programs, were classified in the "held to collect" business model, while the securities which used for shorter liquidity purposes were classified into "held to collect and sale" business model. The Group does not have any securities in the “held for sale” category, given its operational specialities, thus this business model category is irrelevant.

SPPI test As a second step of its classification process, the Group assesses the contractual terms of its financial assets to identify whether they meet the criteria of the SPPI test. The Group must consider the contractual terms of the financial instruments to be able to determine whether the contractual cash flows consist solely of capital and interest payments. This implies an assessment of whether the financial instrument is linked to such a contractual condition based on which the amount of the contractual cash flows or the timing of those may ultimately not pass the SPPI test. The SPPI test is carried out at instrument level (one by one) and, where applicable, at the level of the homogenous products (combined). The most important elements of the interest included in the loan agreement are the time value of money, the costs incurred by the Group and the credit risk. To perform the SPPI assessment, the Group applies judgement and considers relevant factors such as the currency in which the financial asset is denominated, and the period for which the interest rate is set. In contrast, contractual terms that introduce a more than de minimis exposure to risks or volatility in the contractual cash flows that are unrelated to a basic lending agreement do not give rise to contractual cash flows that are solely payments of principal and interest on the amount outstanding. In such cases, the financial asset is required to be measured at Fair Value through Profit and Loss (hereafter referred to as “FVTPL”). The classification of financial instruments at initial recognition depends on their contractual terms and the business model for managing the instruments. Financial instruments are initially measured at their fair value. Except for financial assets and financial liabilities measured at fair value through profit and loss (FVTPL), transaction costs are added to (in case of financial assets) or subtracted

from (in case of financial liabilities), this amount.

Trade receivables are measured at the transaction

price. When the fair value of financial instruments at initial recognition differs from the transaction price, the Group accounts for the day one profit or loss, as described below.

When the transaction price of the instrument differs from the fair value at origination and the fair value is based on models for which some of the inputs are not observable, the difference between the transaction price and the fair value is deferred as a gain or loss only to the extent that it arises from a change in a factor (including time) that market participants would take into account when pricing the asset or liability.

ii. Derecognition Financial assets A financial asset (or, where applicable, a part of a financial asset or part of a group of similar financial assets) is derecognized when the rights to receive cash flows from the financial asset have expired. The Group also derecognizes the financial asset if it has both transferred the financial asset and the transfer qualifies for derecognition. The Group has transferred the financial asset if, and only if, either: • the Group transferred its contractual rights to receive cash flows from the financial asset or • it retains the rights to the cash flows, but has assumed an obligation to pay the received cash flows in full without material delay to a third party under a ‘pass–through’ arrangement.

Pass-through arrangements are transactions whereby the Group retains the contractual rights to receive the cash flows of a financial asset (the 'original asset'), but assumes a contractual obligation to pay those cash flows to one or more entities (the 'eventual recipients'), when all the following three conditions are met: • the Group has no obligation to pay amounts to the eventual recipients unless it has collected equivalent amounts from the original asset, • the Group cannot sell or pledge the original asset other than as security to the eventual recipients, • the Group has to remit any cash flows it collects on behalf of the eventual recipients without material delay. In addition, the Group is not entitled to reinvest such cash flows, except for investments in cash or cash equivalents including interest earned, during the period between the collection date and the date of required remittance to the eventual recipients. A transfer only qualifies for derecognition if either (i) the Group has transferred substantially all the risks and rewards of the asset or (ii) the Group has neither transferred nor retained substantially all the risks and rewards of the asset but has transferred control of the asset. The Group considers control to be transferred if and only if, the transferee has the practical ability to sell the asset in its entirety to an unrelated third party and can exercise that ability unilaterally and without imposing additional restrictions on the transfer. When the Group has neither transferred nor retained substantially all the risks and rewards and has retained control of the asset, the asset continues to be recognized only to the extent of the Group’s continuing involvement, in which case, the Group also recognizes an associated liability. The transferred asset and the associated liability are measured on a basis that reflects the rights and obligations that the Group has retained. Continuing involvement that takes the form of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount of consideration the Group could be required to pay. Financial liabilities A financial liability is derecognized when the obligation under the liability is discharged, cancelled, or expires. The difference between the carrying value of the original financial liability and the consideration paid (including the newly recognized financial liability) is recognized in profit or loss. Modifications subject to derecognition of financial assets and liabilities Debt instruments exchanged to another one under substantially modified terms and conditions is treated as a derecognition of the existing financial asset or liability and a re-recognition of a new financial instrument. Similarly, a substantial modification of the terms of an existing financial asset or financial liability or part thereof (whether or not it has been caused by the counterparty's financial difficulties) is treated as derecognition of the original financial asset or liability and a new financial instrument is recognized. The new financial liability based on the modified terms is recognised at fair value. The new financial asset is recognised at fair value plus any eligible transaction costs. Any fees received as part of the modification are accounted for as follows: • fees that are considered in determining the fair value of the new asset and fees that represent reimbursement of eligible transaction costs are included in the initial measurement of the asset, • other fees are included in profit or loss as part of the gain or loss on derecognition.

The basic terms of a financial instrument change significantly when the main risk factors behind the original instrument are modified. In particular, the Group considers, but not limited to, the following factors when assessing whether the modification is subject to a derecognition and a re-recognition: • the extent of the difference between the modified and the original cash flows, where a change is more than 10% • change of borrower with a new risk profile (only in case of financial assets) • change in SPPI result due to the effect of modified contractual terms • change in currency. When comparing the modified and original cash flows, the Group examines the extent of the difference between the discounted present value of the changed cash flows - including paid fees in case of liabilities and in case of assets deducting, the fees paid and including the fees received - under the new conditions and the discounted present value of the remaining original contractual cash flows by using the original effective interest rate in both cases. Fees received include, in case of assets, amounts paid by the borrower to the Group or on its behalf, and in case of liabilities, amounts paid by the lender to or on behalf of the Group. The fees paid include, in the case of assets, amounts paid by the Group to or on behalf of the borrower, and in case of liabilities, amounts paid by the borrower to the Group or on its behalf, whether or not they are described as a fee, as part of the exchange or modification. Fees do not include any payments made by the borrower or lender to its own advisers or agents, or other transaction costs incurred by the borrower or lender. Modifications not subject to derecognition of financial assets and liabilities When the Group renegotiates or amends the contractual cash flows of a financial instrument and the renegotiation or modification does not result in the derecognition of the financial instruments, the Group recalculates the financial instruments gross amortized cost and the difference is recognized in the profit or loss on the line "Contract modification loss, net". The new gross amortized cost is recalculated by the Group as the present value of renegotiated or modified contractual cash flows, using the original effective interest rate of the financial instruments (in case of purchased or originated credit impaired assets the credit-adjusted effective interest rate is used). Any modification fee applied is amortized over the remaining life of the financial instruments which is achieved by the recalculation of EIR at modification to reflect the modification fee received. The impact of any additional fees incurred at modification but not directly related to it (e.g., prepayment fees) are recognized directly on "Fee and commission income" when incurred. If the modification of a financial liability is not accounted for as derecognition, then the amortised cost of the liability is recalculated by discounting the modified cash flows at the original effective interest rate and the resulting gain or loss is recognised in profit or loss line „Contract modification loss, net”. Any costs and fees incurred are recognised as an adjustment to the carrying amount of the liability and amortised over the remaining term of the modified financial liability by re-computing the effective interest rate on the instrument.

iii. Measurement The Group classifies all its financial assets based on the business model for managing the assets and the asset’s contractual terms (SPPI test) and measured as follows.

Profit or loss on a financial instrument mandatorily measured at fair value through profit or loss shall be recognized in income statements in such a way that the Group recognizes interest income on those assets as „Other similar income”, while changes in fair value is recognized as „gains or (-) losses on non-trading financial assets mandatorily at fair value through profit or loss, net” line within income statements.

A gain or loss on debt instruments at fair value through other comprehensive income shall be recognized in other comprehensive income, through the statement of changes in equity, except for impairment losses, interest income amortized based on effective interest and foreign exchange gains and losses which are recognized in profit or loss, until the financial asset is derecognized, at which time the cumulative gain or loss previously recognized in other comprehensive income shall be reclassified to profit or loss. All valuation movements for equity instruments at fair value through other comprehensive income are recognized directly in equity (Other Comprehensive Income) and on derecognition, the cumulative amount is only transferred to retained earnings but is not transferred to profit or loss, except the dividend received which is always recorded in the profit and loss. The difference between the fair value at the date of derecognition and the selling price is recognized in profit or loss. For financial assets and financial liabilities carried at amortized cost, a gain or loss is recognized in profit or loss when the financial asset or financial liability is derecognized or impaired, and through the amortization process.

iv. Classification Financial assets or liabilities held for trading are derivatives, which are not part of a designated hedge relationship. Cash, cash balances at central banks and other demand deposits are cash and bank accounts held with the National Bank of Hungary or with other credit institutions, as well as overnight deposits. Financial assets measured at amortized cost include debt instruments that are included in a business model whose objective is to hold financial assets to collect contractual cash flows („held to collect business model”) and have passed the SPPI test. In this category, the Group classifies its refinancing and direct loans that have passed the SPPI test. This category also includes those purchased debt securities that the Group has classified as held to collect. Non-trading financial assets that are mandatorily measured at fair value through profit or loss includes debt instruments that are included in the held to collect business model but failed the SPPI test. In this category, the Group presents its refinancing and direct loans that failed the SPPI test. It also includes those venture capital investments that do not meet the definition of equity instruments under IAS 32. Financial assets measured at fair value through other comprehensive income include debt instruments that the Group classified into a business model whose objective is achieved by both collecting contractual cash flows and selling the financial asset („held to collect and sale business model”) and have passed the SPPI test. In this category, the Group shows the portion of its securities that it classified as a held to collect and sale business model. Equity instruments for which the Group has chosen the fair value through other comprehensive income option at initial recognition are presented in this category. These are other investments that do not qualify as associates.

Derivatives - hedge accounting includes derivative transactions designated by the Bank into hedge relationship.

Among the financial liabilities measured at amortised cost, the Group presents customer deposits (collaterals behind loans), loans taken, short-term interbank deposits, issued debt securities and other financial liabilities.

v. Amortized cost measurement The amortized cost of a financial asset or financial liability is the amount at which the financial asset or financial liability is measured at initial recognition minus principal repayments, plus or minus the cumulative amortization using the effective interest method of any difference between that initial amount and the maturity amount, and in case of financial assets minus any reduction for impairment or uncollectibility. The effective interest rate is the rate that exactly discounts estimated future cash payments or receipts through the expected life of the financial instrument or, when appropriate, a shorter period to the net carrying amount of the financial asset or financial liability. When calculating the effective interest rate, the Group shall estimate cash flows considering all contractual terms of the financial instrument but shall not consider future credit losses. The Group recognizes POCI (Purchased or Originated Credit Impaired) financial assets in its books at their initial fair value, which, unless otherwise stated, is equal to the purchase price of the asset. In calculating the credit-adjusted effective interest rate on POCI assets at initial recognition, the Group considers the initial estimated credit loss in the estimated cash flows (i.e., life expected credit losses are deducted from estimated contractual cash flows).

vi. Impairment of financial assets The Bank is applying a forward-looking expected credit loss (hereinafter ECL) approach for its impairment calculation. From 1st January 2019, the Group has been recording the allowance for expected credit losses for all loans and other debt financial assets not held at FVTPL (but including debt securities at fair value through other comprehensive income), together with loan commitments and financial guarantee contracts, in this section all referred to as financial instruments. Equity instruments are not subject to impairment under IFRS 9. The ECL impairment/provision is the expected credit loss for 12 months (hereinafter 12mECL) if there has been no significant increase in credit risk since the initial recognition of the asset (liability) or it is considered to be low credit risk at the time of valuation. If there has been a significant increase in credit risk since initial recognition or since the previous valuation, the ECL impairment/provision is the loss calculated over the expected life of the asset. The 12mECL is the portion of the lifetime expected credit loss that represent the ECLs that result from default events on a financial instrument possibly within 12 months after the reporting date. ECL impairment is calculated for both 12mECL and lifetime expected credit losses on a group basis or, in exceptional cases, on an individual basis, depending on the nature of the underlying portfolio of financial instruments.

The Bank has established a policy to perform an assessment, at the end of each reporting period, of whether a financial instrument’s credit risk has increased significantly since initial recognition, by considering the change in the risk of default occurring over the remaining life of the financial instrument. To carry out the evaluation, the Bank compares the non-performance risk of the financial instrument at the reporting date and as of the initial recognition, taking into consideration information that is reasonable and justifiable - without undue cost or effort – and indicates significant increase in credit risk since initial recognition. The Bank assumes that the credit risk of a financial instrument has not increased significantly since the initial recognition if the financial instrument is considered low credit risk at the reporting date. If the credit risk of a financial instrument has not increased significantly at the reporting date since initial recognition, the Group calculates the impairment of the financial instrument based on the 12- month expected credit loss (hereinafter: Stage 1). At each reporting date, the Group calculates the impairment of the financial instrument based on the lifetime expected credit loss if the credit risk of the financial instrument, whether assessed on an individual or group basis, has increased significantly since initial recognition, considering all reasonable and justifiable information, including forward-looking ones (hereinafter: Stage 2 or Stage 3). Regardless of the above, the Bank always calculates the impairment based on the lifetime expected credit losses for receivables where the IFRS 15 Revenues from contracts with customer standard is applicable and the receivables do not include significant financing components. These include other financial assets where the Bank uses this simplified approach. Based on the above process, the Bank classifies its loans into stages, as described below. Stage 1 (performing credit risk category) Performing asset category, if there is no significant increase in credit risk compared to the initial recognition, or the asset is considered by the Bank to have a low credit risk at the time of valuation. In this stage 1 category, the Bank calculates the expected credit loss based on the 12-month PD (Probability of Default) for all such deals where there was no significant increase in credit risk since initial recognition. This way, the 12-month expected credit loss indicates a lifetime cash flow deficit that occurs as a result of default within a maximum of 12 months after the reporting date, weighted by the probability of default. Deals are reclassified from this stage only when the credit risk increases significantly since origination and the deal is not considered as low risk. The stage categorization is therefore determined by the Bank at deal level rather than by a borrower level.

Stage 2 (increased credit risk category) Significant increase in credit risk (deals where the Bank has become aware of negative information about the exposure but does not yet have objective evidence of impairment). The Bank considers a significant increase in credit risk if it becomes aware of negative information about the exposure, but there is no objective and material evidence of impairment yet. Such negative information may include, but is not limited to, the Customer's delay not reaching a significant credit obligation 1 to the Bank or any of its Subsidiaries, a significant deterioration in the Customer's credit rating or becoming insolvent. Information received by the Bank during Customer monitoring that relates to the probable future default of the customer is also considered negative information. Furthermore, restructuring where the transaction was performing at the time of the restructuring is considered negative information. The Bank continuously monitors and records the defined criteria for the increase in credit risk. Lifetime credit loss is determined by the Bank using specified risk vectors, lifetime PD, constant loss given default (hereinafter „LGD”) and changing exposure at default (hereinafter „EAD”). When calculating EAD, account shall be taken of the expected change in the exposure of the transaction until maturity. Stage 3 (impaired credit risk category) Default (non-performing), credit-impaired category. The third stage includes defaulted transactions for which there is either objective evidence of impairment or a probable future default of the debtor. To classify into this category, the Bank monitors the various default events (e.g., delay exceeding the threshold for significant credit default, termination, liquidation proceedings ordered by law, bankruptcy proceedings, forced liquidation proceedings, or other proceedings aimed at terminating the activity, reorganization or restructuring proceedings are in progress, as well as forced restructuring, if the transaction was in default at the time of the restructuring, etc.). The Bank also classifies significant receivables purchased at a discount of more than 20% (POCI) as well as products that it classifies as impaired (e.g., redeemed guarantees) in the category of impaired credit risk. All these marked events are stored in the banking system and ensure traceability of what events led to the classification. The members of the Group take into account the impairment criteria most appropriate to the nature of their exposures: – the financial position, stability and income generating capacity of the counterparty and changes therein, – compliance with repayment schedules, delays in repayment of principal and interest on the outstanding debt, – the value of the cover offered as collateral and its mobilisation. 1 A credit default delay is considered significant if: a) in the case of non-retail exposure: - the amount of the customer's liabilities to the Bank or any of its Subsidiaries overdue for more than 90 days (principal, interest or fee payment) exceeds HUF 200 000 (absolut limit), - the amount of liabilities overdue for more than 90 days exceeds 1% (relative limit) of the amount of the Bank's or any of its Subsidiaries' gross balance sheet receivables from the customer (excluding equity exposures). b) in the case of retail exposure: - the amount of the customer's liabilities to the Bank or any of its Subsidiaries overdue for more than 90 days (principal, interest or fee payment) exceeds HUF 40 000 (absolut limit), - the amount of liabilities overdue for more than 90 days exceeds 1% (relative limit) of the amount of the Bank's or any of its Subsidiaries' gross balance sheet receivables from the customer (excluding equity exposures).

Impairment is determined within the impairment percentage limits assigned to the receivables classification category, at a rate approved by the responsible Group member manager. POCI Purchased or originated credit impaired (POCI) assets are financial assets that are credit impaired on initial recognition. POCI assets are recorded at fair value at initial recognition and interest income is subsequently recognized based on a credit adjusted EIR. ECLs are only recognized or released to the extent that there is a subsequent change in the expected credit losses. The Bank only recognises the cumulative changes in lifetime ECLs since initial recognition, based on a probability-weighting of the scenarios, discounted by the credit adjusted EIR. For financial assets for which the Group has no reasonable expectations of recovering either the entire outstanding amount, or a proportion thereof, the gross carrying amount of the financial asset is reduced. This is considered a (partial) derecognition (write-off) of the financial asset. Individual and collective impairment The Group assesses receivables on a group or individual basis, considering a set of criteria established in its internal rules, which are adapted to the operational characteristics of the Group member and approved by its management bodies. The Group assesses receivables that are below a fixed amount according to its internal policies or that are not individually assessed by its management bodies based on the circumstances of the transaction (the identity of the seller in the case of a purchase of receivables, receivables considered by management as priority, delays) with group evaluation. The Bank applies an individual impairment calculation for exposures classified in Stage 3 exceeding HUF 100 million and for transactions exceeding HUF 1 billion that have been placed under Intensive Management. Exposures in Stage 3 that do not reach HUF 100 million are normally subject to collective valuation. In Stage 1 and Stage 2 categories, transactions are primarily measured on a collective valuation basis, but the Bank may choose individual valuation as well if transaction exceeds the material threshold value set by the Bank, which also relies on quantitative and qualitative factors. The Bank also uses both collective and individual valuation for its debt securities and loans. In all cases, the impairment is recognized against the „Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss”. The carrying amount of the financial assets is reduced by using an impairment account, and the loss is recognized in the income statement. If, in subsequent years, due to certain events, the estimated amount of impairment increases or decreases, the accumulated impairment loss previously recognized is increased or decreased using the impairment allowance account. If a previously written off amount subsequently recovers, the amount is also recorded within „Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss”.

The calculation of ECLs The Bank calculates ECLs based on a minimum of three (if this is not possible, at least of two) probability-weighted scenarios in the case of individual valuation to measure the expected cash shortfalls, discounted with the original EIR. A cash shortfall is the difference between the cash flows that are due to an entity in accordance with the contract and the cash flows that the entity expects to receive. When relevant, the assessment of multiple scenarios also incorporates how defaulted loans are expected to be recovered, including the probability that the loans will recover and the value of collateral or the amount that might be received for selling the asset. The mechanics of the ECL calculations are outlined below and the key elements are, as follows: PD The Probability of Default is an estimate of the likelihood of default over a given time horizon. A default may only happen at a certain time over the assessed period, if the facility has not been previously derecognized and is still in the portfolio. EAD The Exposure at Default is an estimate of the exposure at a future default date, considering expected changes in the exposure after the reporting date, including repayments of principal and interest, whether scheduled by contract or otherwise, expected drawdowns on committed facilities, and accrued interest and principals from missed payments. LGD The Loss Given Default is an estimate of the loss arising in the case where a default occurs at a given time. It is based on the difference between the contractual cash flows due and those that the lender would expect to receive, including from the realization of any collateral. It is usually expressed as a percentage of the EAD. Purchased receivables The Group recognizes the amount of the expected recovery –that is based on historical collection statistics - on the purchased receivables above the purchase price by using the effective interest method. The Group re-estimates the expected recovery on purchased receivables for each reporting date. The effects resulting from the change in estimates are reflected in the results of the current period. Decrease is achieved by using the impairment account, while in case of increase first the previously created impairment is reversed then the gross book value of the asset is adjusted. Where a significant negative/positive change in the future cash flow estimation is occurring, the carrying amount of the purchased receivables is increased/decreased with the difference between carrying amount of the financial asset and the present value of the future cash flows, discounted at the effective interest rate at the reporting date. Decrease is achieved by using the impairment account, while in case of increase first the previously created impairment is reversed then the gross book value of the asset is adjusted. Loan commitments and letters of credit When estimating the lifetime credit loss for undrawn loan commitments, the Group quantifies the part of the commitment that is expected to be drawn during the maturity period. The ECL is then based on the present value of the expected shortfalls in cash flows if the loan is drawn down, based on a probability-weighting of the scenarios. The expected cash shortfalls are discounted at the EIR that will be applied to the loan resulting from the loan commitments. For credit lines, commitments and letters of credit, the ECL is recognized within “Impairment (-) or reversal of impairment of financial instruments” line in the income statements and “Provisions” line within statements of financial position.

Financial guarantee contracts The Group’s liability under each guarantee is measured at the higher of initially recognized amount less cumulative amortization recognized in the income statement, and the ECL provision. For this purpose, the Group estimates ECLs based on the present value of the expected payments to reimburse the holder for a credit loss that it incurs. The calculation is made using a probability-weighting of the scenarios. The ECL related to financial guarantee contracts are recognized within “Impairment (-) or reversal of impairment of financial instruments”.

vii. Collateral valuation To mitigate its credit risks on financial assets, the Group requires collaterals, where possible. The collateral comes in various forms, such as cash, securities, letters of credit/guarantees, real estate, chattels, receivables, inventories, other non-financial assets and credit enhancements such as netting agreements. Collateral, unless repossessed, is not recorded on the Group’s statement of financial position. However, the fair value of collateral affects the calculation of ECLs. Collaterals are generally assessed at inception and are revalued on a regular basis. However, some collateral, for example, cash or securities relating to margining requirements, are valued daily. To the extent possible, the Group uses active market data for valuing financial assets held as collateral. Other financial assets which do not have readily determinable market values are valued using models. Non- financial collateral, such as real estate, is valued based on data provided by third parties such as independent appraisers or based on housing price indices. Collateral repossessed During the normal course of business, the Group sometimes repossess real estate collaterals. The Group’s policy is to determine whether a repossessed asset can be best used for its internal operations or should be sold. Assets determined to be useful for the internal operations are transferred to their relevant asset category at the lower of their repossessed value or the carrying value of the original secured asset. Assets for which selling is determined to be a better option are transferred to assets held for sale at their fair value (if financial assets) and fair value less cost to sell for non-financial assets at the repossession date in, line with the Group’s policy. If the repossessed asset is utilized until the sale, it is presented as investment property.

viii. Write-offs Loans and debt securities are written off (either partially or in full) when there is no reasonable expectation of recovering a financial asset in its entirety or a portion thereof. This is generally the case when the Group, based on reliable information, determines that the borrower does not have assets or sources of income that could generate sufficient cash flows to repay the amounts subject to the write-off. This assessment is carried out at the individual asset level. If the amount to be written off is greater than the accumulated loss allowance, the difference is first treated as an addition to the allowance that is then applied against the gross carrying amount. Any subsequent recoveries are credited to credit loss expense.

ix. Forborne and modified loans Except for the application of special rules for transactions subject to the payment moratorium, the Group classifies a loan in a restructured category if it makes a concession or makes a contractual change because of the borrower's current or anticipated financial difficulties that it would not have made if the borrower were financially sound. Indicators of financial difficulties include defaults on covenants, or facts and expectations indicating a significant increase in credit risk, which may result in postponement of payment deadlines or taking out a new loan. Once the terms have been renegotiated, any impairment is measured using the original EIR as calculated before the modification of terms, given that no derecognition and re-recognition took place and no transaction cost was related to it. The Group assessed the specific time spent in the moratorium, as well as participation in several moratoriums, as a significant increase in credit risk, and therefore assumed that the obligor has, or is expected to have, financial difficulties in meeting its financial obligations. Therefore, it classified the transactions concerned as restructured, except for documented exceptions supported by evidence. The classification into stages was based on an examination of the unique characteristics of the client and the transaction. The Group considers forced restructuring as a factor indicating the occurrence of a default event if it is likely to result in a significant reduction in the financial liability due to the waiver or deferral of the principal, the interests or the fees. A waiver or deferral is considered to be significant if the decrease in the present value of the financial liability exceeds 1%. The Group continuously monitors its restructured loans to ensure that the current status of the restructured loans is recorded in accordance with applicable regulations. In case the transaction status in the bank monitoring system changes to the ‘Special’ category, the loan is presented in Stage 2 or Stage 3, depending on whether the transaction was performing at the time of the restructuring and whether the customer complies with the amended payment obligations. All its impaired (Stage 3) exposures are considered as non-performing exposures by the Group. If a banking asset has been rated as non-performing due to restructuring, it may be considered performing again if all the following conditions are met: • at least 365 days have passed since the date of the restructuring and since the end of the grace period provided for in the restructuring agreement and • there is no delay (principal, interest, commission, fee) at the time of qualification and no concerns arise that would call into question the repayment of the full amount of the claim and • repayment of the claim that was past due (if there was a delay) or that was written off during the restructuring (if there was no delay) through repayments under the restructuring conditions The restructured status of a bank claim may be terminated if the following conditions are met: • the claim is performing; • a probationary period of at least two years has passed since the restructured claim was recognized as performing; • regular repayments of principal or interest have been made in excess of an insignificant amount for at least half of the probationary period; • at the end of the probationary period there is no delay of more than 30 days in respect of any obligation of the obligor.

d) Leasing Accounting for leases by the Group as a lessee The Group leases office premises and parking lots. Leases are recognized as a right-of-use asset and a corresponding liability at the date at which the leased asset is available for use by the Group. Each lease payment is allocated between the liability and finance cost. The finance cost is charged to profit or loss over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. The right-of-use asset is recognized at cost and depreciated over the shorter of the asset's useful life and the lease term on a straight-line basis.

Liabilities arising from a lease are initially measured on a present value basis.

The lease payments are discounted using the interest rate implicit in the lease. If that rate cannot be determined, the lessee’s incremental borrowing rate is used, being the rate that the lessee would have to pay to borrow the funds necessary to obtain an asset of similar value in a similar economic environment with similar terms and conditions. Right-of-use assets are measured at cost. As an exception to the above, the Group accounts for short-term leases and leases of low-value assets by recognizing the lease payments as an operating expense on a straight-line basis. Short-term leases are leases where the lease term on the starting date is not more than 12 months. The threshold for low-value assets is set by the Group at HUF 1.500.000

e) Impairment of non-financial assets At each reporting date, the Group reviews the carrying amounts of its non-financial assets (other than investment properties and deferred tax assets) to determine whether there is any indication of impairment. If any such indication exists, then the asset’s recoverable amount is estimated. Goodwill is tested annually for impairment. The recoverable amount of an asset or CGU (Cash Generating Unit) is the greater of its value in use and its fair value less costs to sell. Value in use is based on the estimated future cash flows, discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset or CGU. An impairment loss is recognised if the carrying amount of an asset or CGU exceeds its recoverable amount. The objective of the model used is to estimate the recoverable amount from the use of shareholdings based on discounted cash flow ("DCF") from five years long business plans of the subsidiaries adopted by the owner. The main output of the model is an indication of the impairment of the investment held, that is, the cash-generating unit (“CGU”) based on the inputs provided. Further analysis is needed to make the final management decision on impairment, considering the specific situation of CGU and other considerations. The model calculates the amount of free cash flow underlying the DCF valuation until the end of the explicit business plan based on the accepted valid 5–10-year business plan. Based on the business characteristics of each CGU, the model determines the recoverable amount from using the owner's free cash flow ("FCFE") method. FCFE expresses the cash flow that is available to owners after investments, meeting working capital needs, paying instalments and interest on foreign capital, and taking on new debt. The FCFE method assumes that the owner will continuously realize the cash flows available from the CGU.

In case of the FCFE – as owner's free cash flow – method, the Bank uses the cost of equity (CoE) as a discount factor. The definition of CoE is based on the capital asset pricing model (CAPM), which is widely used in international assessment practice. The CAPM model is based on the assumption that, in addition to the risk-free government bond yield, the investor also expects an extra yield typical of the industry. When assessing investments on a plan-fact basis, the primary consideration is the likelihood and magnitude of expected loss that can reasonably be expected from the investment's business and the changes in the legal and market environment. When an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined without impairment loss recognized for the asset in prior years. A reversal of an impairment loss is recognized immediately in profit or loss. Inventories within the scope of IAS 2 are measured at the lower of cost and net realizable value. The Group makes estimates for the realizable amount on a quarterly basis. Impairments are recognized or reversed according to these estimates in profit or loss.

f) Cash and cash equivalents Cash and cash equivalents include notes and coins in hand, unrestricted balances held with central bank or other financial institutions and overnight deposits. This line includes placements with other banks payable on demand, including nostro and other accounts in HUF and foreign exchange with domestic banks, foreign central banks and institutions registered abroad as bank. These items are subject to insignificant risk of changes in their fair value and are used by the Group in the management of its short-term commitments. Cash and cash equivalents are carried at amortized cost in the statement of financial position.

g) Loans and advances to banks and to customers The Group’s lending activities can be grouped by method (indirectly through commercial banks in the form of refinancing loans and direct lending and other credit-related receivables) and by type (program and non-program loans). The balance of loans and advances to banks includes refinancing program loans granted through commercial banks. Loans and advances to customers contain receivables from legal entities, licensed traditional small- scale producers and employees. Agricultural loans with mainly fixed interest rate are also recognized as loans and advances to customers. The balance of Deposits at central and other banks contains the interbank placements used in the course of liquidity management. Loans and advances to banks and to customers are carried either at amortized cost or fair valued through profit and loss in the statement of financial position dependent whether the SPPI test is passed or failed.

h) Securities Securities contain government bonds and other debt securities, interest bearing or discount treasury bills, mortgage bonds, debt securities including fixed-income securities that are listed on stock exchange or traded on a regulated market (controlled by regulation or by stock exchange), and other debt securities regardless their name, including debt securities took over in return for receivables to minimize loss. Venture capital investments that cannot be classified as equity instruments under IAS 32 in which the Bank has no significant influence are also presented here. Since these instruments do not meet the SPPI test, the Group presents them within debt instrument, mandatorily fair valued through profit and loss. The related subscribed but not yet paid capital increase of these venture capital investments/notes that is payable as required by the investment plans is recognized among the capital commitments within off balance sheet items if the investment is closer to a loan commitment. Otherwise the not yet paid capital is recognized among the “Other liabilities” and be part of the investments initial cost. Securities that were classified into “held to collect and sell” business category are measured at fair value through other comprehensive income. The basis of measurement is the average of best bid and ask prices published on the website of Government Debt Management Agency Ltd. on the reporting date. Securities classified as held to collect are measured at amortized cost, calculated by using the effective interest rate method. The Group applies impairment calculation for all its debt securities (except financial assets measured at fair value through profit and loss) and the expected credit loss is recognized in profit and loss.

i) Encumbered assets The encumbrance of the Bank’s eligible assets is mainly for ensuring the collateral for Funding for growth (“FGS”) program. The encumbered assets can be government securities, mortgage bonds and loans. The Bank does not present as encumbered assets those securities which are to ensure the continuity of liquidity management - including the insurance of continuous transfers (Giro) and the possibility of a secured loan (repo) transaction with the Hungarian National Bank - as the Bank may also release the blocking of these securities.

j) Investments Equity investments classified as controlling interest (subsidiaries) comprise those investments where the Bank is exposed to, or has rights to, variable returns from the involvement with the investee and has the ability to affect those returns through its power over the investee. These investments are fully consolidated in these consolidated financial statements.

MFB Hungarian Development Bank Private Limited Company

Notes to Consolidated Financial Statements for the year ended 31

December 2024

(amounts presented are expressed in HUF million unless otherwise noted) 31

Equity investments classified as significant influence (associates) comprise those investments where the Bank through its direct ownership interest has the power to participate in the financial and operating policies of the investee, but not to control those activities. These associates are consolidated by using the equity method. Other equity investments comprise other shareholdings, which do not meet the above criteria. Other equity investments are accounted for in accordance with IFRS 9 at fair value through other comprehensive income unless they do not meet the equity instrument conditions set in IAS 32, in which case they are classified as debt instruments mandatorily fair valued through profit and loss. The investment portfolio includes investments that the Group intends to hold long term. The MFB Act determines the companies in which the Group can obtain controlling interest. The Group does not hold equity investments for trading purposes.

k) Derivative financial instruments The Group uses derivative financial instruments, interest rate swaps, foreign exchange swaps and forward exchange contracts to manage its exposure to foreign exchange and interest rate risks arising from business activities. The recognition of interest income/expenses relating to derivative transactions are recognized in profit and loss as interest income and expense. Fair value changes are immediately recognized in the statement of comprehensive income on the “Gains or (-) losses on financial assets and liabilities held for trading, net” line. The Group does not undertake exposures for trading (speculative) purposes, the Treasury department enters into transactions with the purpose of risk hedging, liquidity management and limit management. The purpose of market instruments is solely the hedging of risks deriving from the portfolio, the Group does not enter into transactions with speculative purposes. To reduce the interest rate risk, the Group exchanges the financial instruments with fixed interest rate to floating interest rate in the course of an interest rate swap. The interest rate swap deals are accounted for as fair value hedges. The realized fair value changes on the hedging instruments are presented as “Derivatives – Hedge accounting” (see Note 10). Foreign exchange swap deals are the exchanges of different foreign exchanges on a predetermined exchange rate. Foreign exchange swap deals are concluded with liquidity and risk management purposes and are presented as Derivative assets or liabilities (see Note 9). Cross currency interest rate swap deals (CCIRS) are interest rate swaps and foreign exchange swap deals made in a single transaction. The CCIRS deals are classified as at fair value through profit or loss upon initial recognition as a Derivative asset or liability.

l) Hedge accounting The Group uses derivative instruments to manage exposures to interest rate risk and partially foreign currency risk. The Group enters into economic hedging transactions only and, if this hedging relationship is properly documented, the hedge accounting is applied for them. The Group applies IFRS 9 rules for its hedge accounting. Based on IFRS9 rules at inception of a hedge relationship the Group formally documents the relationship between the hedged item and the hedging instrument, including the nature of the risk, the objective and strategy for undertaking the hedge and the method to be used to assess the effectiveness of the hedging relationship.

Fair value hedge Fair value hedges are concluded to reduce market risk. For qualifying and designated fair value hedges, the change in fair value of hedging instruments is recognized in the income statement on the line “Gains or (-) losses from hedge accounting, net“. The change in the fair value of the hedged item attributable to the hedged risk is also recognized in the same income statement line and the carrying amount of the hedged item is adjusted in the statement of the financial position. If the hedging instrument expires, is sold, terminated or exercised, the hedge relationship is terminated. In this case, the fair value adjustment of the hedged item shall be amortized to the income statement in the net interest income until maturity of the underlying financial instrument (hedged item). Where the hedged item is a financial instrument (or component thereof) for which the effective interest method of accounting is used, the adjustment is amortised to the income statement based on a recalculated effective interest rate at the date amortisation begins. The purpose of the amortisation is to reflect the effect of the fair value hedge in the profit and loss, but also to ensure the adjustment is fully amortised by maturity. If the critical terms of the hedged item and the hedging instrument match and the hedge relationship remains in place to its maturity, there is no additional amortisation be required as the cumulative fair value adjustment to the hedged item will naturally revert to the hedged item’s carrying amount through ongoing fair value hedge accounting adjustments. Otherwise, the amortisation begins as soon as the hedged item ceases to be adjusted for hedging gains and losses, being the date of termination of the hedge relationship. If the hedged item is derecognised, the unamortised fair value is recognised immediately into the income statement. Cash flow hedge The Group is currently not involved in any cash flow hedge relationship.

m) Investment property Investment property is property (land and building or part of a building or both) held for the purpose of earning rental income or for capital appreciation. In the case of a partial own use, the property is an investment property only if the owner-occupied portion is insignificant. Investment property is measured initially at cost, including transaction costs. Subsequent to initial recognition, investment property is measured at cost less accumulated depreciation and impairment.

Rental income is recognized in the income statement as other operating income.

Depreciation is

accounted for by using the straight-line method over the estimated useful life of the asset. The useful life of the asset is identical to those of buildings reported under property and equipment.

n) Bonds issued Bonds issued contain the obligations arising from HUF, EUR and USD issued bonds. Issued bonds are measured at amortized cost. That part of the issued bonds of which interest rate risk is hedged using interest rate swaps are measured at amortized cost with fair value adjustment.

o) Provisions A provision is recognized, when the Group has a present obligation (legal or constructive) as a result of a past event, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. Provisions are reviewed quarterly and adjusted to reflect the best estimate of the expenditure required to settle the present obligation. If it is no longer probable that an outflow of resources embodying economic benefits will be required to settle the obligation, the provision is reversed. A provision should be used only for expenditures for which the provision was originally recognized.

p) Offsetting Financial assets and financial liabilities are offsetted in the statement of financial position when and only when the Group has a legally enforceable right to set off the amounts and intends to settle them either on a net basis or at the same time intend to realise the assets and settle liabilities at the same time. The Group has various netting agreements in place with counterparties to manage the associated credit risks. Such arrangements primarily include repo and reverse repo transactions, securities borrowing and lending arrangements, and over-the-counter and exchange traded derivatives. The ISDA and similar master netting arrangements do not meet the criteria for offsetting in the statement of financial position. This is because they create for the parties to the agreement a right of set-off of recognised amounts that is enforceable only following an event of default, insolvency or bankruptcy of the Group or the counterparties or following other predetermined events. In addition, the Group and its counterparties do not intend to settle on a net basis or to realise the assets and settle the liabilities simultaneously.

q) Commitments and contingencies Commitments and contingencies are a probable obligation that derive from a past event, and its existence will be confirmed by the occurrence or non-occurrence of one or more uncertain future events that are not entirely controlled by the Group, or a present obligation that derives from a past event, but is not recognized because it is not likely that an outflow of resources embodying economic benefits will be required to settle the obligation or the amount of the obligation cannot be reliably estimated.

r) Interest income and expense In accordance with IFRS 9, interest income and expense are recorded using the effective interest rate (EIR) method for all financial instruments measured at amortized cost. Interest income on interest bearing financial assets measured at FVOCI under IFRS 9 are also recorded by using the EIR method. If expectations regarding the cash flows on the financial asset are revised for reasons other than credit risk, the adjustment is booked as a positive or negative adjustment to the carrying amount of the asset in the balance sheet with an increase or reduction in interest income. The adjustment is subsequently amortized through Interest and similar income in the income statement. The Group calculates interest income by applying the EIR to the gross carrying amount of financial assets other than credit-impaired assets. When a financial asset becomes credit-impaired and is, therefore, regarded as ‘Stage 3’, the Group calculates interest income by applying the effective interest rate to the net amortized cost of the financial asset. If the financial assets recover and is no longer credit-impaired, the Group reverts to calculating interest income on a gross basis. For purchased or originated credit-impaired (POCI) financial assets, the Group calculates interest income by calculating the credit-adjusted EIR and applying that rate to the amortized cost of the

asset. The credit adjusted EIR is the interest rate that, at original recognition, discounts the estimated future cash flows (including credit losses) to the amortized cost of the POCI assets. The Group also holds investments in assets with negative interest rates. The Group discloses interest paid on these assets as an interest expense. The Group has decided to include interest received and paid arising from financial instruments classified as FVTPL (including trading instruments) and from derivative instruments designated as hedge among "interest income" and "interest expense", i.e., the so-called "clean price" (net price) presentation method is applied. Interest income and expense include: • interest income or expense for financial assets and liabilities at amortized cost accounted by using effective interest method (including interest received or paid to banks or customers, interest received on purchase securities, interest paid on issued securities and negative interest of financial assets and liabilities), • interest income on financial assets at fair value through other comprehensive income accounted by using the effective interest method (including coupon interest received on securities and their discount/premium amortization), • contractual interest income received on financial assets mandatorily fair valued through profit and loss that are presented among Other similar income, • contractual interest income received on cash balances at central banks and other demand deposits are presented among Other similar income, • interest income from derivative transactions, also presented among Other similar income, while interest expense from derivative transactions are presented among Interest expense.

s) Fee and commission income and expense Fee and commission income and expense include amounts from financial activities of the Bank that are not included in interest income and expense, nor are they considered as incremental costs at the initial recognition, for example transaction fees, postal fees, guarantee fees, loan examination fees and other financial service fees. The lending related fee and commission income and expense of those loans which failed the SPPI test is also presented in these lines.

t) Current and other taxes Current tax assets and liabilities for the current year and prior years are measured at the amounts expected to be recovered from or to be paid to the tax authorities. The tax rates and tax laws used to compute the amounts are those that are enacted as of the balance sheet date. Current tax comprises income tax, such as corporate income tax, local business tax and innovation contributions. The amount of corporate tax payable is based on the tax obligations determined in accordance with Hungarian laws and it is adjusted by the deferred tax. Corporate tax and deferred tax are recognized in the income statements, except when tax relates to items recognized directly in equity, in which case it is recognized in the statement of other comprehensive income. Current tax is the expected tax payable on the taxable income for the year, using tax rates enacted or substantially enacted at the reporting date. The base of the income tax is the profit before tax adjusted by the tax base modifying items. The corporate tax was unified at a flat rate of 9%. The local tax and the innovation contribution established based on the Hungarian tax legislation in force are calculated for the same basis, their applicable rates are different being 2% for the former and 0.3% for the latter. Since their basis is based on net revenue, these were also classified among income taxes.

Deferred tax is calculated using the balance sheet liability method, providing for temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. The Group recognizes deferred tax asset if it is probable that the temporary differences will reverse in the foreseeable future. Deferred tax assets are recognised for unused tax losses, unused tax credits and deductible temporary differences to the extent that it is probable that future taxable profits will be available against which they can be used. An exception is where the deferred tax asset is a result of the initial recognition of an asset or liability in such a transaction that is not a business combination and does not affect either accounting profit or taxable profit (negative tax base) at the time of the transaction. Whether future taxable profits available are primarily determined based on the reversal of relevant taxable temporary differences. If the amount of taxable temporary differences is insufficient to recognise a deferred tax asset in full, then future taxable profits, adjusted for reversals of existing temporary differences, are considered, based on business plans for individual subsidiaries in the Group. Deferred tax assets are reviewed at each reporting date and are reduced to the extent that it is no longer probable that the related tax benefit will be realised; such reductions are reversed when the probability of future taxable profits improves. The amount of deferred tax provided is based on the expected manner of realization or settlement of the carrying amount of assets and liabilities, using tax rates enacted or substantially enacted at the reporting date. Deferred tax assets and liabilities are netted against each other at each consolidated entity level if the company has a legally enforceable right to set off current tax receivable and liabilities and deferred tax receivable and liabilities relate to income taxes levied by the same taxation authority but are not netted among Group entities.

The special bank tax of financial institutions is presented among other expenses. The tax is in effect since 2010. The base of the special tax is the adjusted balance sheet total of the second preceding year (meaning 2022 for year 2024 and 2021 for year 2023), the rate was 0.15% under HUF 50 billion, and 0.20% above HUF 50 billion. The Group recognizes the special bank tax of financial institutions when it becomes legally enforceable (i.e., when the obligating event arises) which is on 1st January each year. To implement the Economic Protection Action Plan, a special credit institution tax on the epidemiological situation for replenishing the Epidemiological Fund was introduced for banks in 2020. The basis for this special tax equals to the base for the special bank tax of financial institution that exceed the HUF 50 billion and the applicable rate is 0.19%. Under the special tax act, the next 5 years of bank special tax liability will be deducted with this amount in five equal annual instalments therefore was not recognized in the profit and loss of 2020 (see Note 13).

An extra profit tax was introduced during 2022 that aimed to keep public finances in balance. The tax base of this extra profit was the adjusted net revenue calculated from the financial statements of the preceding year and the applicable tax rate was 10%. In 2023, due to a change in legislation, the tax base for the first half year was determined by the adjusted net revenue calculated from the financial statements of the preceding year but the pro rata 50% of this base must be taken into account. The calculation of the tax base for the second half of 2023 was the 50% of the adjusted pre- tax profit calculated from the financial statements of the preceding year. The tax rate is 8% for the tax base part falling into the first half of the year, and 13% for the tax base part for the second half of the year, for an amount not exceeding HUF 10 billion, and 30% above that. From 2024 onwards, the tax base will be the adjusted profit before tax included in the financial statements of the preceding year. Tax rate will be 13% for the part not exceeding HUF 20 billion, and 30% above that. The Group recognizes this extra profit tax when it becomes legally enforceable (i.e., when the obligating event arises). According to Act LXXXIV of 2023 on Top-Up Taxes Ensuring a Global Minimum Level of Taxation and on the Amendment of Certain Related Tax Laws, the taxable entities of global minimum tax (herein after: GloBE) are the group members of multinational enterprise groups or large-scale domestic groups having a total consolidated group revenue of EUR 750 million or above in at least two out of four fiscal years immediately preceding the tested fiscal year. According to the regulation, any company that is fully included in the combined (consolidated) financial report of the group is considered a group member. The Group does not exceed the EUR 750 million revenue threshold, therefore it is not subject to GloBE at the reporting date. Furthermore, large-scale domestic groups can be exempt from qualified domestic top-up tax, if the group is in the initial phase of its international activities. Considering that the Group is a large-scale domestic group with no foreign group members, it fulfils the conditions of the initial phase of international activities and therefore can obtain the exemption from domestic top-up tax for the first 5 years of its taxable period. Accordingly, if in the future, the Group becomes subject to the GloBE, it would still be entitled for the 5 years of exemption from domestic top-up tax, starting from the first day of the fiscal year in which it has become subject to the GloBE, if it continues to fulfill the above conditions (it remains a large-scale domestic group).

u) Events after the reporting period Events after the reporting period are those events, favourable and unfavourable, that occur between the reporting date and the date when the financial statements are authorized for issue. These events are adjusting and non-adjusting events. All adjusting events after reporting date have been considered in the preparation of the consolidated financial statements of the Group. The material non-adjusting events after the reporting date are presented in Note 38.

v) Restatements due to previous year's error The Group identified in 2024 that in previous periods certain equity funds classified as associated companies, a yield cap and/or yield priority established in the management regulations had not been taken into account at equity consolidation. With this information, the value of equity attributable to the Group is lower or higher than the values presented for previous periods. The effect of this error has been traced back to the earliest period presented, therefore the effects have been traced back to 1st January 2023 and the table below includes the affected lines. 01.01.2023 Restated 01.01.2023 Original Impact Investments in associates 262 662 267 935 (5 273) Total assets 2 988 529 2 993 802 (5 273) Retained earnings 86 670 91 943 (5 273) Total equity 683 993 689 266 (5 273) Equity attributable to the owner 683 993 689 266 (5 273) Total equity and liabilities 2 988 529 2 993 802 (5 273) The impact of the restatements on 31st December 2023 is shown in the table below. 31.12.2023 Restated 31.12.2023 Original Impact Investments in associates 332 488 335 965 (3 477) Total assets 3 601 766 3 605 243 (3 477) Retained earnings 115 604 119 081 (3 477) Total equity 720 916 724 393 (3 477) Equity attributable to the owner 720 916 724 393 (3 477) Total equity and liabilities 3 601 766 3 605 243 (3 477) Profit or (-) loss from associates 13 142 12 390 752 Profit before tax 32 063 31 311 752 Profit for the year 29 369 28 617 752 Profit attributable to the owners 29 369 28 617 752 Total Comprehensive income, for the year 34 221 33 469 752 Comprehensive income, (-) expense attributable to the owner 34 221 33 469 752 Profit (loss) before tax 32 063 31 311 752 Impact of equity method applied for associates (15 060) (14 308) (752)

w) New or modified standards and interpretations New or modified standards and interpretations effective in the current period The following new and amended standards are not expected to have a significant impact on the Bank’s financial statements. i. Amendments to IAS 1 Presentation of Financial Statements (all effective for annual periods beginning on or after 1st January 2024): • Classification of Liabilities as Current or Non-current Date (issued on 23rd January 2020) • Classification of Liabilities as Current or Non-current - Deferral of Effective Date (issued on 15th July 2020); and • Non-current Liabilities with Covenants (issued on 31st October 2022)

ii. Amendments to IFRS 16 Leases: Lease Liability in a Sale and Leaseback (issued on 22nd September 2022 and effective for annual periods beginning on or after 1st January 2024) iii. Amendments to IAS 7 Statement of Cash Flows and IFRS 7 Financial Instruments: Disclosures: Supplier Finance Arrangements (issued on 25th May 2023) New or modified standards and interpretations issued by IASB and adopted by the EU but not yet effective: At the time of approval of these financial statements, the following standards and amendments to existing standards and interpretations issued by the IASB and adopted by the EU were applied in the financial statements: i. Amendments to IAS 21, The Effects of Changes in Foreign Exchange Rates: Lack of Exchangeability (issued on 15th August 2023, effective from 1st January 2025). The amendment requires companies to provide more disclosure when a currency cannot be converted into another currency. The Group did not have this type of transaction. New or modified standards and interpretations issued by IASB but not yet adopted by the EU and not yet effective: IFRSs adopted by the EU differ from the standards issued by the International Accounting Standards Board (IASB). The following new standards and amendments were not endorsed by the EU as of the date of publication of the financial statements. i. Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7) (issued on 30th May 2024, effective from 1st January 2026) The three main areas of amendment: • Derecognition of financial liabilities: The conditions and procedures for settling financial liabilities using an electronic payment system are clarified. • Classification of financial instruments: The criteria for classifying financial instruments are clarified, in particular for transactions with ESG-linked features. • Disclosure requirements: New disclosure requirements are introduced for financial assets and liabilities to increase transparency in financial statements. The above amendment will have no material effect on the Group's financial statements. ii. Amendments to IFRS 9 and IFRS 7 - Contracts referencing Nature-dependent Electricity Amendments - (issued on 18th December 2024, effective from 1st January 2026) The amendments will help companies better report the financial effects of nature-dependent electricity contracts, which are often structured as power purchase agreements (PPAs) The above amendment will have no material effect on the Group's financial statements. iii. IFRS 18 Presentation and Disclosure in Financial Statements (issued on 9th April 2024, effective from 1st January 2027) IFRS 18 replaces IAS 1 and introduces significant changes in the presentation of financial statements. The main modifications are:

Structure of the statement of the profit and loss account: There are new required subtotals: Operating profit and Profit before financing and income taxes. As a result, there will be new defined categories to provide a consistent structure of the statement of profit or loss: (i) operating, (ii)investing and (iii) financing Management-defined performance measures (MPMs): The new standard requires disclosure of management-defined performance measures i.e. subtotals of income and expenses not required or specifically exempted by IFRS Accounting Standards but are included in public communications outside financial statements communicating management’s view of a company’s financial performance. To facilitate transparency, companies should prepare a reconciliation back to IFRS-defined subtotals. Cash flow statement amendments: IFRS 18 also affects IAS 7 Statement of Cash Flows, which clarifies the way interest and dividends should be presented and clearly states that operating profit is the starting point for preparation of an indirect cash flow statement. Aggregation and disaggregation: IFRS 18 introduces an enhanced requirements for grouping of information, including requirements for presenting and disclosing operating expenses. Adds guidance on whether information should be in the primary financial statements or the notes. The new standard is expected to have a significant impact on the Group's presentation of financial statements. A detailed assessment has not started yet. iv. IFRS 19 Subsidiaries without Public Accountability (issued on 9th May 2024, effective 1st January 2027) IFRS 19 aims to simplify financial statement disclosure requirements for subsidiaries that do not have public accountability and that their parent prepares consolidated financial statements under IFRS. The Group cannot apply the new standard. v. As of 1st January 2026, several minor improvements and clarifications will come into effect (Annual improvements — Volume 11) that have no significant impact on the financial statements.

4. CASH, CASH BALANCES AT THE CENTRAL BANKS AND OTHER DEMAND DEPOSIT 31.12.2024 31.12.2023 Cash 0 0 Cash balances with National Bank of Hungary (NBH) 60 887 397 975 Overnight deposits 0 0 Statutory reserve 60 887 397 975 Other demand deposits 12 734 6 774 Gross balances 73 621 404 749 Impairment (1 286) (532) Total 72 335 404 217 As per the regulation in effect as of 1st January 2024 the Bank is obliged to keep a minimum reserve at Hungarian National Bank (herein after: „Magyar Nemzeti Bank” or „MNB”) , which equals to 10% of the short term (within two years category) deposits being the average of the second precedeing month. The required minimum reserves shall be complied with both on a daily basis and on a monthly average. The Bank's reserve requirement as at the reporting date - the reserve base multiplied by the minimum reserve ratio - was HUF 15,670 million. From 1st October 2022, MNB decreased the rate of the mandatory reserve to 5%, and as a further obligation, the rate of the mandatory reserve was elective quarterly in a 5-10% range, while as of 1st April 2023, the required minimum level of mandatory reserves was increased to 10%. The Bank opted for 6% during the 1st quarter of 2023 and later for 11%. With effect from 1st July 2023, the rule on mandatory reserves was amended again, and from July 2023 until withdrawal, the MNB fixed the base of the mandatory reserve to the statistical balance sheet data on 31st March 2023 and the opted 11% reserve was HUF 42 131 million, while the daily minimum reserve (10% obligation) was HUF 38 301 million on 31st December 2023. The line Other demand deposits contains HUF 1 283 million (2023: HUF 530 million) in an account held in Russia, thus access to it is uncertain, therefore 100% impairment was recognized on it and is not included in the cash flow statement as a free cash equivalent.

5. NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS

31.12.2024 31.12.2023 Debt securities Venture capital note – investment type 4 393 4 037 Venture capital note – loan type 771 192 599 119 Total debt securities 775 585 603 156 Loans and advances to customers General governments 362 424 Other financial corporations 595 1 045 Non-financial corporations 2 204 3 756 Households 74 91 Total 3 235 5 316

31.12.2024 31.12.2023 Loans and advances to banks Municipality loan program 19 286 21 026 Business development loan program 1 679 2 349 Agricultural development loan program 6 790 7 810 Retail loan program 39 65 Total 27 794 31 250 Total Loans 31 029 36 566 MAIN TOTAL 806 614 639 722

The loan type venture capital note line represents funds that provide a capital and a yield guarantee for the Group, therefore thus having loan features as well. All the other type of venture capital notes belongs to the investment type subheading. At the end of the reporting period HUF 1 664 million (2023: HUF 1 919 million) from the above balance of “Venture capital note – investment type” representing Central European Fund of Funds is attributable to subscribed but not yet paid capital increase that is payable as required by the investment plans. The unpaid capital increase will be paid in accordance with the drawdowns of fund managers to finance the investments made. The Group’s total exposure to equity funds recognised in the financial statements as associates, equity investments or loans amounts to HUF 1 439 billion (2023: HUF 1 121,1 billion). In this portfolio of the Bank, the 3 largest non-group fund managers have a total exposure of HUF 877 billion (2023: HUF 739.5 billion) (as associates, equity investments and loans). Based on section 8 (1b) of the MFB Act there is no client group consideration if MFB Zrt. provided a loan to them for the purpose of subscribing or purchasing investment units and which would constitute a single risk factor with regard to the investment fund, the fund manager, interlinks of the fund managers or any right or obligation related to assets in the portfolio of the investment fund.

Non-trading financial assets mandatorily valued at fair value through profit or loss includes those financial instruments that were classified as held to collect business model but failed the SPPI test as the interest rate is based on EURIBOR while the loans are denominated in Hungarian forint. Also, the loans with equity features were classified here.

Loans and advances to banks balances solely include refinancing loans to commercial banks that are the sources of the customer loans at those commercial banks.

6. FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME 31.12.2024 31.12.2023 Equity instruments Listed on stock exchange 12 699 24 928 Not listed on stock exchange 13 112 15 335 25 811 40 263 Debt securities Hungarian government bonds 17 769 42 246 Bank bonds 9 596 8 808 27 365 51 054 of which encumbered assets 932 890 Total 53 176 91 317 Debt securities 31.12.2024 Gross carrying amount Impairment Fair value adjustment Fair value Hungarian government bonds 18 932 0 (1 163) 17 769 Bank bonds 9 174 (34) 456 9 596 28 106 (34) (707) 27 365 Equity instruments Listed on stock exchange 1 166 12 699 Other investments by venture capitals not listed on stock exchange (903) 2 467 Other instruments not listed on stock exchange 244 10 645 507 25 811 Fair value adjustment recognized in valuation reserve (200) Valuation reserve after deferred tax adjustment (296) Debt securities 31.12.2023 Gross carrying amount Impairment Fair value adjustment Fair value Hungarian government bonds 43 637 0 (1 391) 42 246 Bank bonds 8 562 (8) 254 8 808 Hungarian discount treasury bills 0 0 0 0 52 199 (8) (1 137) 51 054 Equity instruments Listed on stock exchange 414 24 928 Other investments by venture capitals not listed on stock exchange (1 179) 3 542 Other instruments not listed on stock exchange 1 393 11 793 628 40 263 Fair value adjustment recognized in valuation reserve (509) Valuation reserve after deferred tax adjustment (653) All debt securities are classified as sSage 1. The fair value through other comprehensive income option includes equity instruments that the Group chose to present as such during the introduction of IFRS 9. Other investments that do not qualify as associates are presented here, as the Bank does not have trading intent with them, therefore fair valuation through profit and loss was not applied.

The Venture capital investment line includes investments by Group owned venture capital funds. These entities either have a few years of business history, or even those that do not have a business history,

which does not allow the acquisition of funds from the credit market or traditional capital

markets. In

addition to the start-up companies, the development-phase companies are also part of this investment portfolio. In addition, small and medium-sized enterprises that have been operating for a long time are also included in the portfolio, where the aim of the investment is to increase the competitiveness and productivity of enterprises. The projected average maturity is 3-7 years, and the ownership share acquired is between 9-50%.

7. FINANCIAL ASSETS AT AMORTIZED COST 31.12.2024 31.12.2023 Debt securities Hungarian government bonds 30 411 26 389 Corporate bonds 403 326 409 776 Mortgage bonds 7 483 7 385 7.2 441 220 443 550 of which encumbered assets 114 794 114 854 Customer loans General governments 55 153 64 609 Other financial corporations 336 135 303 990 Other non-financial corporations 911 013 791 450 Households 170 418 138 369 7.1 1 472 719 1 298 418 of which encumbered assets 131 020 164 408 Loans to banks Refinancing loans 0 0 Other loans 183 629 78 291 7.1 183 629 78 291 Deposits at central and other banks Central bank deposits 0 0 Other bank deposits 26 588 27 001 7.3 26 588 27 001 Other financial assets Trade receivables 1 477 517 Margin accounts 170 22 993 7.4 1 647 23 510 of which encumbered assets 170 22 993 Total 2 125 803 1 870 770 of which encumbered assets 245 984 302 255 The encumbered assets among “Debt securities” and “Loans and receivables” include assets offered as collateral for the National Bank of Hungary and these assets were collateralized under the Hungarian National Bank Funding for Growths (FGS) program and represent the current net book value of the customer loans disbursed under this scheme. The new FGS scheme, which was launched in 2020, was also collateralized by the loans disbursed, supplemented with individual corporate loans that was also possible to be collateralized for this purpose, which the Bank took advantage of. The current net book value of these disbursed loans is presented as encumbered assets within „Customers loans” line. For the other two previous FGS programs, government bonds were offered as collateral. The year end net book value of these government bonds is shown as encumbered asset under „Debt securities” line. From the line “Other financial assets” the margin accounts are shown as encumbered assets. The remaining encumbered assets represent the pledge on the subsidiaries’ assets being the collateral for their external loans.

7.1 LOANS

31.12.2024 GROSS OUTSTANDING Stage 1 Stage 2 Stage 3 POCI Total Customer loans General government 55 305 0 0 0 55 305 Other financial corporations 185 758 152 816 20 254 0 358 828 Other non-financial corporations 513 663 427 883 31 455 11 298 984 299 Households 79 611 14 400 225 76 967 171 203 834 337 595 099 51 934 88 265 1 569 635 Loans to banks Refinancing loans 0 0 0 0 0 Other loans 183 637 0 0 0 183 637 183 637 0 0 0 183 637 IMPAIRMENT Customer loans General government (152) 0 0 0 (152) Other financial corporations (209) (5 738) (16 746) 0 (22 693) Other non-financial corporations (2 839) (43 829) (24 355) (2 263) (73 286) Households (206) (57) (6) (516) (785) (3 406) (49 624) (41 107) (2 779) (96 916 Loans to banks Refinancing loans 0 0 0 0 0 Other loans (8) 0 0 0 (8) (8) 0 0 0 (8) NET CARRYING AMOUNT Customer loans General government 55 153 0 0 0 55 153 Other financial corporations 185 549 147 078 3 508 0 336 135 Other non-financial corporations 510 824 384 054 7 100 9 035 911 013 Households 79 405 14 343 219 76 451 170 418 830 931 545 475 10 827 85 486 1 472 719 Loans to banks Refinancing loans 0 0 0 0 0 Other loans 183 629 0 0 0 183 629 183 629 0 0 0 183 629 TOTAL NET LOANS 1 014 560 545 475 10 827 85 486 1 656 348 Due to the Bank's role as a development bank, the loan portfolio is concentrated, the 10 largest utilisation represents 45.9% (2023: 45.7%) of the direct loan portfolio, of which 17.7% (2023: 19.1%) of exposure is provided by a state guarantee.

31.12.2023 GROSS OUTSTANDING Stage 1 Stage 2 Stage 3 POCI Total Customer loans General government 64 735 0 0 17 64 752 Other financial corporations 189 432 111 198 22 114 0 322 744 Other non-financial corporations 451 548 344 361 40 033 10 375 846 317 Households 55 880 16 568 222 72 400 145 070 761 595 472 127 62 369 82 792 1 378 883 Loans to banks Refinancing loans 0 0 0 0 0 Other loans 78 293 0 0 0 78 293 78 293 0 0 0 78 293 IMPAIRMENT Customer loans General government (129) 0 0 (14) (143) Other financial corporations (335) (2 271) (16 148) 0 (18 754) Other non-financial corporations (3 810) (20 600) (28 184) (2 273) (54 867) Households (18) (61) (9) (6 613) (6 701) (4 292) (22 932) (44 341) (8 900) (80 465) Loans to banks Refinancing loans 0 0 0 0 0 Other loans (2) 0 0 0 (2) (2) 0 0 0 (2) NET CARRYING AMOUNT Customer loans General government 64 606 0 0 3 64 609 Other financial corporations 189 097 108 927 5 966 0 303 990 Other non-financial corporations 447 738 323 761 11 849 8 102 791 450 Households 55 862 16 507 213 65 787 138 369 757 303 449 195 18 028 73 892 1 298 418 Loans to banks Refinancing loans 0 0 0 0 0 Other loans 78 291 0 0 0 78 291 78 291 0 0 0 78 291 TOTAL NET LOANS 835 594 449 195 18 028 73 892 1 376 709 Information about modifications of loans that have not resulted in derecognition is as follows: 31.12.2024 31.12.2023 Amortized cost of loans with lifetime ECL immediately before contractual modification that was not a derecognition event 59 370 96 279 from this resulted from the moratorium settlement 0 14 797 from this resulted from interest freeze rule 0 44 806 Gains less losses recognized in profit or loss on modifications of loans with lifetime ECL that did not lead to derecognition 271 (3 022) from this resulted from the moratorium settlement 0 (89) from this interest freeze rule impact 0 (2 328) Gross carrying amount of loans that were contractually modified (without derecognition) in the past when measured at lifetime ECL and which were reclassified to Stage 1 (12 months ECL) during the current year 3 224 5 154 The Group does not have any outstanding contractual amounts of loans and advances to customers written off that are still subject to enforcement.

7.1.1 INFORMATION ON PAYMENT RELIEF PROGRAMS PROVIDED IN VIEW OF THE EMERGENCY SITUATIONON The agricultural credit moratorium until the 31st December 2023 (agricultural credit moratorium) Per Government Decree 292/2022. (VIII. 8.) on the introduction of special rules for the moratorium on loan repayments in the event of the state of emergency due to damage to agriculture caused by extreme weather conditions, the Government granted the possibility of a moratorium on payments, on application to the creditor, from the 1st September 2022 until the 31st December 2023 for loans disbursed under a loan or credit agreement outstanding on the 31st August 2022 if the preset conditions were met. The agricultural credit moratorium also constitutes a prohibition on the cancellation of the loan at the very same time: the credit and loan contracts could not be terminated by notice of cancellation for non- payment of principal, interest and charges from the date of entry into force of Government Decree 292/2022. (VIII. 8.) until the 31st December 2023, which applied to all eligible debtors under the conditions described above. In addition to the above, the prohibition on the cancellation of the loan also applied to a debtor who has not declared that it wishes to be a subject to a moratorium on payments. The Board of Directors of the Bank approved through its Resolution 126/2022 (VIII.30.) that the Board of Directors' decisions taken in respect of Moratorium 1, Moratorium 2 and Moratorium 3 shall be applied mutatis mutandis by the Group in respect of the agricultural credit moratorium. Period of the interest rate freeze from the 15th November 2022 until the 30th June 2023 that was later amended first until the 31st December 2023 and then to 1st April 2024 (Interest rate freeze) The Government, as per Government Decree 415/2022. (X. 26.) on the measures necessary to mitigate the negative economic impact on micro, small and medium-sized enterprises due to the state of emergency, imposed an interest rate freeze on debtors that qualify as SMEs under the Act on small and medium-sized enterprises (SME) and support for their development. The interest rate freeze applied to SME debtors concerning HUF-based loan and credit agreements and financial leasing agreements with variable interest rates not covered by a state aid granted by the creditor on a commercial basis for the period stretching from the 15th November 2022 originally until the 30th June 2023. The interest rate freeze was also applicable for refinancing granted to a non-group financial undertaking to finance a contract in accordance with Government Decree 415/2022 (X. 26.), i.e., where the contract concluded between the financial undertaking and the debtor falls within the scope of Government Decree 415/2022 (X. 26.). With the amendments to the referenced Government Decree, the deadline for the interest rate freeze was extended for the first time until 31st December 2023, and for the second time until 1st April 2024 under unchanged conditions. Main rules of the Interest Rate Freeze: During the interest rate freeze period, the interest rate applicable from the contractual reference date following the 15th November 2022 was to be set so that it does not exceed the contractually determined reference interest rate in effect on the 28th of June 2022. The principal and interest due could not be increased by the amount of interest not paid during the period of the interest rate freeze.

Impact of the payment facilitation programs on the loans presented in the financial statements The table below includes information on loans and advances measured at amortized cost that were subject to and were actual users of the interest rate freeze and agriculture moratoria regulations. The modification loss column contains the loss calculated for these loans as at the year-end. There were no impacted loans and advances valued at fair value through profit or loss. On 31st December 2023 the Bank had HUF 608 million loan that were subject to the agriculture moratoria. On 31st December 2024, the Group has no loans subject to either an interest freeze or moratoria programs as both ended earlier. GROSS OUTSTANDING 31.12.2023 Stage 1 Stage 2 Stage 3 Total Contract modification loss Customer loans General government 0 0 0 0 Other financial corporations 1 721 12 720 162 14 603 Other non-financial corporations 1 004 35 224 1 474 37 702 Households 0 46 0 46 2 725 47 990 1 636 52 351 IMPAIRMENT Customer loans General government 0 0 0 0 Other financial corporations (4) (45) (73) (121) Other non-financial corporations (1) (895) (1 323) (2 219) Households 0 (1) 0 (1) (5) (941) (1 396) (2 342) NET CARRYING AMOUNT Customer loans General government 0 0 0 0 0 Other financial corporations 1 717 12 675 89 14 482 (674) Other non-financial corporations 1 003 34 329 151 35 483 (1 806) Households 0 44 0 44 (1) TOTAL NET CARRYING AMOUNT / LOSS OF LOANS SUBJECT TO INTEREST RATE FREEZE RULES 2 721 47 048 240 50 009 (2 481) Loans subject to agricultural moratoria 0 14 315 0 14 315 (10) Other contractual modifications (739) Modification gains or (-) losses, net (3 230) When the Group renegotiates or amends the contractual cash flows of a financial instrument and the renegotiation or modification does not result in derecognition of the financial instruments, the Group recalculates the financial instruments gross amortized cost and the difference is recognized in the profit or loss and in this table as well, on the line “Modification gains or (-) losses, net”. The new gross amortized cost is recalculated by the Group as the present value of renegotiated or modified contractual cash flows, using the original effective interest rate of the financial instruments (in case of purchased or originated credit impaired assets the credit-adjusted effective interest rate is used). The Other contractual modifications contain contractual modifications that are not subject to payment facilitation programs.

7.2 DEBT SECURITIES 31.12.2024 Debt securities Stage 1 Stage 2 Stage 3 Total GROSS VALUE Hungarian government bonds 30 411 0 0 30 411 Corporate bonds 403 973 2 917 0 406 890 Mortgage bonds 7 511 0 0 7 511 441 895 2 917 0 444 812 IMPAIRMENT Hungarian government bonds 0 0 0 0 Corporate bonds (3 305) (259) 0 (3 564) Mortgage bonds (28) 0 0 (28) (3 333) (259) 0 (3 592) NET CARRYING AMOUNT Hungarian government bonds 30 411 0 0 30 411 Corporate bonds 400 668 2 658 0 403 326 Mortgage bonds 7 483 0 0 7 483 438 562 2 658 0 441 220 The 5 largest corporate bond exposures represent 88.64% (2023: 88.9%) of the total, of which 15.37% (2023: 15.4%) are guaranteed by State guarantees, all of which are classified as Stage 1. 31.12.2023 Debt securities Stage 1 Stage 2 Stage 3 Total GROSS VALUE Hungarian government bonds 26 389 0 0 26 389 Corporate bonds 363 245 50 057 0 413 302 Mortgage bonds 7 388 0 0 7 388 397 022 50 057 0 447 079 IMPAIRMENT Hungarian government bonds 0 0 0 0 Corporate bonds (1 910) (1 616) 0 (3 526) Mortgage bonds (3) 0 0 (3) (1 913) (1 616) 0 (3 529) NET CARRYING AMOUNT Hungarian government bonds 26 389 0 0 26 389 Corporate bonds 361 335 48 441 0 409 776 Mortgage bonds 7 385 0 0 7 385 395 109 48 441 0 443 550

Reconciliation of assets arising from investing activities 01.01.2024 Proceeds from maturity or sale Discount/ Premium Acquisition cost 31.12.2024 Hungarian government bonds 26 389 (14 237) 104 18 155 30 411 Corporate bonds 413 302 (52 608) 5 436 40 760 406 890 Mortgage bonds 7 388 (4 021) 85 4 059 7 511 Total 447 079 (70 866) 5 625 62 974 444 812 01.01.2023 Proceeds from maturity or sale Discount/ Premium Acquisition cost 31.12.2023 Hungarian government bonds 42 158 (14 888) (881) 0 26 389 Corporate bonds 394 979 (970) (374) 19 667 413 302 Mortgage bonds 6 181 0 93 1 114 7 388 Total 443 318 (15 858) (1 162) 20 781 447 079

HUF 18 258 million from the total amounts presented in column “Proceeds from maturity or sale” is related to maturity (2023: HUF 14 938 million).

7.3 DEPOSITS AT CENTRAL AND OTHER BANKS 31.12.2024 Deposits at central and other banks Stage 1 Stage 2 Stage 3 Total GROSS VALUE Central bank deposits 0 0 0 0 Other bank deposits 26 589 0 0 26 589 26 589 0 0 26 589 IMPAIRMENT Central bank deposits 0 0 0 0 Other bank deposits (1) 0 0 (1) (1) 0 0 (1) NET CARRYING AMOUNT Central bank deposits 0 0 0 0 Other bank deposits 26 588 0 0 26 588 26 588 0 0 26 588 31.12.2023 Deposits at central and other banks Stage 1 Stage 2 Stage 3 Total GROSS VALUE Central bank deposits 0 0 0 0 Other bank deposits 27 002 0 0 27 002 27 002 0 0 27 002 IMPAIRMENT Central bank deposits 0 0 0 0 Other bank deposits (1) 0 0 (1) (1) 0 0 (1) NET CARRYING AMOUNT Central bank deposits 0 0 0 0 Other bank deposits 27 001 0 0 27 001 27 001 0 0 27 001

7.4 OTHER FINANCIAL ASSETS 31.12.2024 Other financial assets Stage 1 Stage 2 Stage 3 Total GROSS VALUE Trade receivables 0 1 482 0 1 482 Margin accounts 170 0 0 170 170 1 482 0 1 652 IMPAIRMENT Trade receivables 0 (5) 0 (5) Margin accounts 0 0 0 0 0 (5) 0 (5) NET CARRYING AMOUNT Trade receivables 0 1 477 0 1 477 Margin accounts 170 0 0 170 170 1 477 0 1 647 31.12.2023 Other financial assets Stage 1 Stage 2 Stage 3 Total GROSS VALUE Trade receivables 0 519 0 519 Margin accounts 22 997 0 0 22 997 22 997 519 0 23 516 IMPAIRMENT Trade receivables 0 (2) 0 (2) Margin accounts (4) 0 0 (4) (4) (2) 0 (6) NET CARRYING AMOUNT Trade receivables 0 517 0 517 Margin accounts 22 993 0 0 22 993 22 993 517 0 23 510

8. INVESTMENTS IN ASSOCIATES 31.12.2024 Gross value Impairment Net value Associates 460 750 (5 279) 455 471 Exempted associates 11 077 (5 885) 5 192 Total 471 827 (11 164) 460 663 31.12.2023 - Restated Gross value Impairment Net value Associates 315 353 315 353 Exempted associates 23 728 (6 593) 17 135 Total 339 081 (6 593) 332 488 01.01.2023 - Restated Gross value Impairment Net value Associates 243 293 243 293 Exempted associates 28 118 (8 749) 19 369 Total 271 411 (8 749) 262 662

The table below summarises the movements in the carrying amount of the Group’s investment in associates. 31.12.2024 31.12.2023 Restated Opening balance 332 488 262 662 Fair value of net assets of associate acquired 18 062 23 809 Share of profit of associates 26 042 13 142 Share of capital increase of associates 129 124 43 040 Share of other equity movements of associates (339) (124) Dividends from associates 0 (1 918) FX impact of associates 2 647 (3 696) Impairment of investments in associates (7 416) (2 060) Derecognitions (14 890) (1 367) Reclassification (25 055) (1 000) Closing balance 460 663 332 488 The “Reclassification” line includes the value of Group members transferred from the subsidiary category to the associated company category and from the associated company category to other investment category at the time of transfer. MFB VBTMA private equity fund was transferred from the subsidiary category to the associated category because the fund management was transferred by Hiventures Zrt., a company belonging to the Group, to the fund manager FOCUS VENTURES Zrt., which is not an interest of the MFB Group, thus the control over the private equity fund was removed from the Group and the Group now only has significant influence over it. Two private equity funds were removed from the associated company category to the category of “Non- trading financial assets mandatorily at fair value through profit or loss”. During 2024, an opportunity for the fund manager or co-investor opened to purchase the investment notes issued by the Group at any time, to exercise their call option right. Considering these potential voting rights, the Group’s previous significant influence ceased, which is why the two funds were reclassified to another category. The “Derecognitions” category mostly includes those associated companies, which are associates of MFB VBTMA private equity fund and resulted from the termination of MFB VBTMA’s subsidiary status. The following table presents the investments in associates of the Group based on these considerations: - Voting/equity interest represents the percentage of the ownership, that is equal to the voting power, except in case of o the funds, where voting/equity interest is equal to the percentage of share capital, that is not equal to the voting power and o the funds of Biggeorge and Ramóna where voting/equity interest presents the share of the net asset value taking into consideration the yield cap or yield priority. - If the interest of the Group in a fund is up to 50% interest, but the fund manager is not a member of the Group, the equity method was used in the consolidated financial statements. The actual voting power is limited to the significant influence level between 20-50%. - Share capital represents the paid amount of the share capital of equity funds.

The Group’s associates were as follows. 31.12.2024 31.12.2023 Name of the company Activities Fund manager Own equity Subscribed capital * Owner ship Owner ship Enter Tomorrow Kockázati Tőkealap Venture capital fund Lead Ventures Alapkezelő Zrt. 18 094 20 505 49,00% 49.00% Digital and Circular Tomorrow Magántőkealap Private equity fund Lead Ventures Alapkezelő Zrt. 3 844 4 101 49,00% Impact Ventures I. Magántőkealap Private equity fund Impact Ventures Kockázati Tőkealap-kezelő Zrt. 4 212 5 313 39,50% 39.50% Impact Ventures II. Magántőkealap Private equity fund Impact Ventures Kockázati Tőkealap-kezelő Zrt. 1 044 1 250 29,63% 29.63% Impact Ventures III. Tőkealap Private equity fund Impact Ventures Kockázati Tőkealap-kezelő Zrt. 1 567 1 657 49,49% Debreceni Iparfejlesztési Alap* Private equity fund XANGA Ventures Magántőkealap-kezelő Zrt. 25 159 26 790 66,67% 66.67% Nyíregyházi Iparfejlesztési Alap Private equity fund XANGA Ventures Magántőkealap-kezelő Zrt. 5 314 5 500 90,91% 90.90% Tranzakciós és Vállalatfejlesztési Alap Private equity fund XANGA Ventures Magántőkealap-kezelő Zrt. 20 244 20 405 90,00% 90.00% XANGA RED Magántőkealap Private equity fund XANGA Ventures Magántőkealap-kezelő Zrt. 1 410 1 430 69,93% Sycamore Buyout Fund I. Magántőkealap Private equity fund Sycamore Capital Partners Magántőkealap-kezelő Zrt 4 442 4 830 69,93% 69.93% Chi Fu Hungarian Economic Opportunity Fund Private equity fund Chi Fu Investment Fund Management Zrt. 20 108 28 706 50,00% 50.00% Kék Bolygó Víz Alap Private equity fund KBKB Kék Bolygó Klímavédelmi Befektetési Alapkezelő Zrt 1 954 3 467 100,00% 100.00% Valor Zöld Alap Private equity fund Valor Capital Kockázati Tőkealap-kezelő Zrt 1 737 1 691 49,00% 49.00% Kecskemét Prémium Ipari Park Magántőkealap Private equity fund Liberty Assets Zrt. 9 768 9 720 80,00% 80.00% MBH Magántőkealap Private equity fund Solus Capital Kockázati Tőkealapkezelő Zrt. 131 127 132 083 70,00% 70.00% Klasszikus Iparágak Magántőkealap Private equity fund GB & Partners Kockázati Tőkealap-kezelő Zrt. 24 327 14 300 69,93% 69.93% Ramóna Ingatlanforgalmazó és Ingatlanfejlesztő Alap Real estate fund CARION Befektetési Alapkezelő Zrt. 20 254 16 876 65,02% 65.02% Bonitas Magántőkealap Private equity fund Bonitas Befektetési Alapkezelő Zrt. 1 456 2 000 70,00% 70.00% Vespucci Deep Tech Kockázati Tőkealap Venture capital fund Vespucci Partners Zrt. 1 132 1 687 70,00% 70.00% FundWise Magántőkealap Private equity fund FundWise Kockázati Tőkealap-kezelő Zrt. 9 654 9 920 69,96% 69.72% CLM Future Magántőkealap Private equity fund Indotek-Investments Alapkezelő Zrt. 15 041 15 143 60,09% 70.00% Trustify Impact I. Magántőkealap Private equity fund Trustify Befektetési Alapkezelő Zrt. 50 390 50 000 70,00% 70.00% Biggeorge 25. Ingatlanfejlesztő Ingatlanbefektetési Alap Real estate fund Biggeorge Alapkezelő Zrt. 26 390 16 198 62,52% 74.45% Biggeorge 40. Ingatlanfejlesztő Ingatlanbefektetési Alap Real estate fund Biggeorge Alapkezelő Zrt 32 153 17 737 55,41% 69.99% GloCap I. Gazdaságfejlesztési Magántőkealap Private equity fund Global Capital Kockázati Tőkealap-kezelő Zrt. 31 686 33 451 100,00% 100.00% Platina Digitalizációs Magántőkealap Private equity fund Platina Capital Kockázati Tőkealap-kezelő Zrt. 1 220 1 429 69,98% 70.00% MFB Vállalati Beruházási és Tranzakciós Magántőkealap* Private equity fund Focus Ventures Befektetési Alapkezelő Zrt. 55 302 61 850 100,00% Demján Sándor Beruházási Magántőkealap Private equity fund Focus Ventures Befektetési Alapkezelő Zrt. 10 000 10 000 100,00% Solva V Magántőkealap Private equity fund Gran Private Equity Alapkezelő Zrt. 1 833 2 000 70,00% DayOne Közép-Kelet-Európai Kockázati Tőkealap II. Venture capital fund DAY ONE Capital Közép-Kelet-Európai Kockázati Tőkealap-kezelő Zrt. 738 852 33,33% SD Development Fund I. Magántőkealap Private equity fund Polaris Equity Magántőkealap-kezelő Zrt. 2 834 2 857 70,00% BBCA Szolnok Biokémiai Zrt. Organic chemical producer 24 702 17 410 48,93% 48,93% Garantiqa Hitelgarancia Zrt Guarantee provider 142 964 9 652 38,04% 38,04% WX-INNOCARGO Kft. Real estate lending 3 377 4 207 47,54% 47,54% IHT Informatika Zrt. IT services 353 20 25.00% 25.00%

31.12.2024

31.

12.

2023 Name of the company Activities Fund manager Own equity Subscribed capital * Owner ship Owner ship EU-Fire Ingatlanfejlesztő Kft. Engeneering activity 4 574 2 328 32.22% 32.22% * MFB VBTMA was presented as subsidiary on 31st December 2023. Summarised financial information of each material associate is as follows on 31st December 2024: Garantiqa Direct venture capital funds Other venture capital funds Other individually immaterial associates Total associates Current assets 10 662 73 423 108 068 8 109 200 262 Non-current assets 195 093 189 215 173 454 64 636 622 398 Total Assets 205 755 262 638 281 522 72 745 822 660 Current liabilities 62 792 779 4 602 13 702 81 875 Non-current liabilities 0 0 4 343 26 037 30 380 Total Liabilities 62 792 779 8 945 39 739 112 255 Own Equity 142 963 261 859 272 577 33 006 710 405 Revenue 52 979 11 572 59 149 6 393 126 876 Profit or loss from continuing operations 39 576 6 490 6 861 2 309 59 019 Profit or loss from discontinued operations 0 0 0 0 0 Other comprehensive income 39 576 Total comprehensive income 39 576

Summarised financial information of each material associate was as follows on 31st December 2023: Garantiqa Direct venture capital funds Other venture capital funds Other individually immaterial associates Total associates Current assets 13 020 65 885 99 415 41 916 220 236 Non-current assets 155 172 74 628 158 904 79 090 467 794 Total Assets 168 192 140 513 258 319 121 006 686 030 Current liabilities 64 805 121 27 921 38 450 131 297 Non-current liabilities 0 0 4 220 36 829 41 049 Total Liabilities 64 805 121 32 141 75 279 172 346 Own Equity 103 387 140 392 226 178 45 727 515 684 Revenue 55 286 0 5 403 23 334 84 023 Profit or loss from continuing operations 37 023 (8 323) 844 (12) 29 532 Profit or loss from discontinued operations 0 0 0 0 0 Other comprehensive income 0 Total comprehensive income 37 023

Associates exempted from consolidation, (presented at cost less impairment) in descending order of voting power, indicating the current subscribed capital on 31st December 2024. 31.12.2024 31.12.2023 Owner Subscribed capital Voting power Voting power Exempted associates – under liquidation procedure Blogter.com Nemzetközi Információszolgáltató Kft. “f.a..” NTA 58 48.28% 48.28% Chatler.ai Informatikai és Szolgáltató Kft. "kt.a." NTA 4 25.00% 25.00% Other exempted associates Cukovy Europe Kft. Divat&Design TA 4 49.50% 49.50% Monsun Kft. NTA 3 48.08% 48.08% Pinetime International Kft. Divat&Design TA 3 46.00% 46.00% SCOLVO Zrt. NTA 12 45.38% 45.42% FilmFinity Filmgyártó és Forgalmazó Zrt. NTA 9 44.88% 44.88% Zsigmond International Kft. Divat&Design TA 3 44.62% 44.62% Thriveo Central Europe Kft. Divat&Design TA 35 43.88% 43.88%

31.12.2024 31.12.2023 Owner Subscribed capital Voting power Voting power DAIGE Kft. NTA, Divat&Design TA 4 41.32% 41.32% Bagabags Trade Kft. Divat&Design TA 4 38,50% 23.86% PELSO Look Kereskedelmi Kft. Divat&Design TA 3 36.33% 36.33% CX-Ray Kft. NTA 20 36.00% 36.00% Greenstic Kft. NTA 3 35.00% 25.11% Cakebox Kft. NTA 3 32.73% 32.73% Cargo-Viszed Kft. NTA 3 32.42% 32.42% Intech Studio Kft Intech Studio Kft 5 32,18% 19.50% SmartFront Kft. NTA 10 31.00% 31.00% Unisus Club Kft. Divat&Design TA 4 30,00% 17.50% POST FOR RENT International Zrt. NTA 7 29.31% 29.31% MAKERSMARKET.XYZ.Kft.. Divat&Design TA 4 28.63% 28.63% RiskCover Hungary Zrt. NTA 5 28.00% 28.00% Local’s Lore Kft. NTA 3 27.20% 27.20% Duelbox Interaktív Rendezvénytechnika Kft. NTA 5 26.95% 26.95% Dataxo Group Zrt. (volt SDSYS Zrt.) NTA 460 26.75% 23.87% PanIQ Franchising Inc. NTA 21 26,14% 49.77% Neticle Zrt. NTA 79 25,84% 27.38% Airmoniq Pro Kft. NTA 5 25.51% 25.51% Realindustry Magyarország Kft. Divat&Design TA 4 25.00% 25.00% POLCZ FOOD Kft. NTA 5 22.84% 22.84% szereldmagad.hu Kft. NTA 18 22.64% 22.64% Móra-BookR Kids Gyermek és Ifjúsági Digitális Kiadó Kft. NTA 126 22.22% 22.22% Sörműves Kft. NTA 21 21.74% 21.74% Rollet Kft. NTA 14 21.73% 21.73% ORIANA International Tanácsadó, Fejlesztő és Szolgáltató Zrt. NTA 18 21.42% 21.42% Flight Refund Kft. NTA 16 21.17% 21.17% Innovatív Térburkolatfejlesztő Kft. NTA 20 20.95% 20.95% Supp.li Kft. NTA 5 20.30% 20.50% ChemPass Kft. NTA 6 20.00% 20.00% 4D Interactive Anatomy Zrt. NTA 6 20.00% 20.00% The Bank has no commitment or intention to grant financial or other assistance to any associates and there is no restriction on the ability of these associates to pay dividends or repay loans.

Decreases in 2024 indicating the Group’s voting power at the year-end before derecognition. Company name Voting power 31.12.2024 31.12.2023 Reclassification due tot he decrease in voting power Diorit Magántőkealap 90.00% Finext HelloParks Alapok Alapja Értékpapír Befektetési Alap 65.68% Reclassification due to the cease on VBTMA being a subsidiary Szatmári Konzervgyár Kft. 40.00% EKO Konzervipari Kft 24.99% Bankmonitor Holding Kft. 49.00% Royalpack Group Holding Kft. 49.00% Pannon Green Power VPP Kft. 48.00% Dome Capital Kft. 45.00% Pastarte Kft. 40.00% Vág-Tech Projekt Kft. 34.04% Harmony Holding Kft. 34.00% Gravoform Projekt Kft. 33.33% Vajda Real Estate Kft. 33.33% Electron Ventures Kft. 25.00% SM Fejlesztési Holding Kft. 25.00% Detka Oktató Kft. 24.91% Parafix Management Kft. 24.88% OPLÍZ HOLDING Kft. 23.41% AP Plast Holding Kft. 23.09%

Company name Voting power 31.12.2024 31.12.2023 Other derecognitions SajóSolar Villamosenergetikai Kft. 24.46% Pure Sound Media Szolgáltató Kft. "v.a." 35.00% DreamJo.bs Zrt. 33.87% Koin Europe Kft. "v.a." 32.00% CodeBerry School Kft. 30.00% Automizy Marketing-technológiai Zrt. 29.55% StyleHub Eccomerce Kft 28.52% Filipper Kft. "v.a." 27.20% Chameleon Smart Home Nyrt. 26.42% Multipass Solutions Zrt. ”f.a.” 22.21% Kwindoo Magyarország Kft. 20.00% Fund managers belonging to the Group also manage funds in which the Group does not have any investments. These funds are not included into the consolidation of the Group. As of the end of 2024, the Group manages 1 such fund (2023: 3 funds) with total net assets value of HUF 3 672 million (2023: HUF 22 347 million).

9. DERIVATIVES The Group enters into derivatives for risk management purposes including hedges that either meet the hedge accounting requirements or are hedges that are economic hedges, but do not meet the hedge accounting requirements. The table below shows the fair values of derivative financial instruments recorded as assets or liabilities together with their notional amounts. The notional amount is a gross amount which is the quantity of the underlying derivative contracts that indicates the volume of transactions outstanding as at the year end and are not indicative of either the market or credit risk. 31.12.2024 Assets Liabilities Fair value Notional Fair value Notional Derivatives in an economic hedge relationship Interest rate swaps 600 3 763 (498) 3 763 Cross currency interest rate swaps 23 430 438 340 0 0 Foreign currency swaps 106 21 551 (187) 61 323 Total derivatives in an economic hedge relationship 24 136 463 654 (685) 65 086 Fair value hedge derivatives Interest rate swaps 7 810 33 346 (22 552) 824 031 Total hedge derivatives 7 810 33 346 (22 552) 824 031 31.12.2023 Assets Liabilities Fair value Notional Fair value Notional Derivatives in an economic hedge relationship Interest rate swaps 751 13 142 (625) 3 763 Cross currency interest rate swaps 765 8 315 (7 052) 400 332 Foreign currency swaps 1 199 284 392 (831) 205 050 Total derivatives in an economic hedge relationship 2 715 305 849 (8 508) 609 145 Fair value hedge derivatives Interest rate swaps 7 831 36 472 (14 187) 745 588 Total hedge derivatives 7 831 36 472 (14 187) 745 588 As part of its asset-liability management, the Group enters into derivative transactions to cover risks inherent in the interest or maturity inconsistency of the asset and liability portfolio. Whenever possible, these derivative positions are effectively hedged with an existing asset or liability (see hedge accounting section). When it is not possible to implement effective hedge accounting in accordance with IFRS 9, the Group classifies its derivative contracts into the financial assets and liabilities held for trading categories but does not open derivative positions for trading purposes only, all its positions are considered as economic hedging positions. Foreign exchange swaps are concluded for instruments in a different currency other than the source of financing, solely for short term maturity and for the purpose of daily liquidity management.

10. HEDGE ACCOUNTING Fair value hedges To protect itself against changes in the fair value of financial assets or liabilities due to movements in interest rates, the Bank enters into fair value hedges. The Bank primarily designates the benchmark rate as the hedged risk therefore enters into interest rate swaps whereby the fixed leg represents the economic risk of the hedged item. The Bank determined individual hedge relationships and started hedge accounting with its interest rate swap deals to cover the interest rate risk on one large loan in 2020. On 30th June 2022, the Bank terminated the former hedge relationship for the interest rate risk of this loan in accordance with paragraph B6.5.23 of IFRS 9, as it no longer met the risk management objective under which the Bank deemed it suitable for hedge accounting. Following the termination, the Bank established a new hedging relationship in which groups of 11 loan transactions were micro-hedged, all which are characterized by long maturities and fixed interest rates. These transactions carry a significant interest rate risk, as such long-term, fixed-rate funds not available to the Bank in this volume. Hedged items are designated as amounts equal to the current IRS notional value, including the amortization of IRS transactions (using a layer approach), where the amount of interest due on the principal amount that represents the amounts that first become due after the cash flow dates of the hedging IRS transactions ("bottom layer") is indicated. The volume of the remaining capital of the 11 loans involved is more than double the notional amount of the two market swaps previously concluded, so even with the contractual principal repayments, the expected prepayment volume and the amount of credit losses, they are expected to exceed the volume of hedging transactions over the entire term. The Bank accounts these hedge relationships as fair value hedges. Hedge effectiveness is measured by the Bank using the hypothetical derivatives approach under IFRS9, which is a derivative with the same basic characteristics as the covered item. With this, the hypothetical derivative mirrors the hedged items, where the fixed rate on credit transactions is expected to reach or exceed the fixed rate component of IRS transactions (i.e., fixed leg minus fixed spread of the variable leg). The initial fair value of a hypothetical IRS is zero, as opposed to the fair value of IRS transactions for hedging purposes at the time of the designation of the hedging relationship. The ineffectiveness of the hedging relationship is recognized in the income statement on "Gains or (-) losses from hedge accounting net" line and amounted to HUF 2 667 million loss (2023: HUF 1 473 million loss). The main source of ineffectiveness is the effect of the counterparty and the Bank’s own credit risk on the fair value of the interest rate swap, which is not reflected in the fair value of the hedged item, additional ineffectiveness arose from the timing difference of the swap deal date and the designation date. At the termination of the hedge relationship the fair value adjustment was recognized as part of the amortized amount of the single loan and effective interest rate was recalculated. Due to termination of a previous hedge relationship HUF 1 525 million (2023: HUF 1 572 million) was recognized as effective interest rate amortization in the profit and loss. In May 2023 the Bank issued fixed interest rate bonds, nominated in USD and amounted to USD 1 125 million. As the Bank lending is denominated mainly in HUF or in EUR the Bank swapped the USD fix interest and the USD notional as well into EUR risk by contracting a fix-to-floating USD IRS, float-to-float CCIRS and float-to-fix EUR IRS. For accounting purposes two hedge relationship was set by hedging the fair value of the fixed interest rate USD bond and the fair value of the fixed interest rate EUR loans where the hedging instruments are the USD and the EUR IRS respectively. The fair value hedge on the USD bond is a micro hedge relationship under IFRS 9 rules, while the fair value hedge on the fixed EUR loans is a macro hedge relationship under IAS 39 rules and is accounted for a separate line within the statements of financial position (Fair value changes of the hedged items in portfolio hedge of interest rate risk). To test the hedge effectiveness, the Group uses

the hypothetical derivative method and compares the changes in the fair value of the hedging instrument against the changes in fair value of the hedged item attributable to the hedged risk. In case of macro hedge relationship, the hedge effectiveness is measured on a monthly basis, by comparing fair value movements of the designated proportion of the bucketed loans due to the hedged risk, against the fair value movements of the derivatives, to ensure that they are within an 80% to 125% range. In the table below the Group determines the accumulated fair value adjustment arising from the continuing hedge relationship. 31.12.2024 Hedged item Assets Liabilities Carrying value of hedged item of which accumulated fair value adjustment Carrying value of hedged item of which accumulated fair value adjustment HUF loans 71 409 2 001 EUR loans 383 506 12 580 Debt securities issued 433 169 (5 735) Total 454 915 14 581 433 169 (5 735) 31.12.2023 Hedged item Assets Liabilities Carrying value of hedged item of which accumulated fair value adjustment Carrying value of hedged item of which accumulated fair value adjustment HUF loans 78 455 4 043 EUR loans 337 365 11 550 Debt securities issued 386 346 975 Total 415 820 15 593 386 346 975 31.12.2024 31.12.2023 Less than 1 year 1-5 year More than 5 years Less than 1 year 1-5 year More than 5 years HUF loans Nominal amount (HUF million) - - 120 560 - - 120 560 Principal repayable (HUF million) 79 607 - - 84 772 Average fix interest rate - - 3.70% - - 3.37% EUR loans Principal repayable (HUF million) - 7 326 399 941 - - 359 864 Contracted but not yet drawn amounts (HUF million) - 0 77 885 - - 108 674 Average fix interest rate - 3,84% 4.41% - - 4,74% Debt securities issued Notional amount - - 442 800 - - 389 745 Fix interest rate - - 6.5% - - 6.5%

Gains or (-) losses from hedge accounting, net 31.12.2024 2024 Fair value 2023 Fair value Change in fair value Change in interest accrual Gains or (-) losses from hedge deal Gains or (-) losses from hedged item Total Fair value used for calculating hedge ineffectiveness Ineffectiveness recognised in profit and loss Asset side hedge deal 7 810 7 831 (21) (65) 44 (2 042) (1 998) (2 042) (1 998) Macro hedge deal (6 584) (5 302) (1 282) (212) (1 070) 311 (759) 1 030 (40) Liability side hedge deal (15 968) (8 885) (7 083) (381) (6 702) 6 782 80 6 709 7 Total hedge interest rate swaps (14 742) (6 356) (8 386) (658) (7 728) 5 051 (2 677) 5 697 (2 031) Gains or (-) losses from hedge accounting, net 31.12.2023 2023 Fair value 2022 Fair value Change in fair value Change in interest accrual Gains or (-) losses from hedge deal Gains or (-) losses from hedged item Total Fair value used for calculating hedge ineffectiveness Ineffectiveness recognised in profit and loss Asset side hedge deal 7 831 15 128 (7 297) (117) (7 180) 6 676 (504) 6 676 (504) Macro hedge deal (5 302) 0 (5 302) 5 977 (11 280) 11 513 233 11 550 270 Liability side hedge deal (8 885) 0 (8 885) (8 435) (450) (1 022) (1 472) (975) (1 425) Total hedge interest rate swaps (6 356) 15 128 (21 484) (2 575) (18 910) 17 167 (1 743) 17 251 (1 659)

11. PROPERTY, PLANT AND EQUIPMENT AND INVESTMENT PROPERTIES

11.1 PROPERTY, PLANT AND EQUIPMENT 31.12.2024 31.12.2023 Property, plant and equipment 4 943 4 856 Right of use assets 1 550 1 359 Net book value 6 493 6 215 Property, plant and equipment Real estates Equipment Total Gross value Opening balance 2024 6 182 4 560 10 742 Additions 71 803 874 Disposals 0 (356) (356) Closing balance 2024 6 253 5 007 11 260 Depreciation Opening balance 2024 (2 750) (3 136) (5 886) Charge for the year (81) (680) (761) Disposals 0 330 330 Closing balance 2024 (2 831) (3 486) (6 317) Net book value 31 December 2023 3 432 1 424 4 856 31 December 2024 3 422 1 521 4 943 Real estates Equipment Total Gross value Opening balance 2023 6 164 4 075 10 239 Additions 33 785 818 Disposals (15) (300) (315) Closing balance 2023 6 182 4 560 10 742 Depreciation Opening balance 2023 (2 687) (2 774) (5 461) Charge for the year (79) (603) (682) Disposals 16 241 257 Closing balance 2023 (2 750) (3 136) (5 886) Net book value 31 December 2022 3 477 1 301 4 778 31 December 2023 3 432 1 424 4 856

Right of use assets Real estates Parking places Cars, trucks Total Gross value Opening balance 2024 3 237 241 57 3 535 Additions 806 48 8 862 Disposals 0 0 (12) (12) Closing balance 2024 4 043 289 53 4 385 Depreciation Opening balance 2024 (2 013) (122) (41) (2 176) Charge for the year (609) (47) (15) (671) Disposals 0 0 12 12 Closing balance 2024 (2 622) (169) (44) (2 835) Net book value 31 December 2023 1 224 119 16 1 359 31 December 2024 1 421 120 9 1 550 Real estates Parking places Cars, trucks Total Gross value Opening balance 2023 3 005 376 71 3 452 Additions 232 40 0 272 Disposals 0 (175) (14) (189) Closing balance 2023 3 237 241 57 3 535 Depreciation Opening balance 2023 (1 466) (154) (31) (1 651) Charge for the year (547) (98) (12) (657) Disposals 0 130 2 132 Closing balance 2023 (2 013) (122) (41) (2 176) Net book value 31 December 2022 1 539 222 40 1 801 31 December 2023 1 224 119 16 1 359 Expenses relating to short-term leases and to leases of low-value assets that are not presented as right of use assets are included in general and administrative expenses: 31.12.2024 31.12.2023 Short-term leases 182 136 Leases of low-value assets 53 45 235 181

11.2 INVESTMENT PROPERTIES 31.12.2024 31.12.2023 Cost 36 164 35 963 Reclassification 0 0 Accumulated impairment 0 0 Accumulated depreciation (2 214) (2 022) Net book value 33 950 33 941 Net opening balance 33 941 33 750 Reclassification 0 0 Additions 207 361 Disposal – net (2) (22) Impairment 0 0 Depreciation charge (196) (148) Closing net balance 33 950 33 941 The fair value of the investment properties presented in the table above is HUF 37 945 million (2023: HUF 36 070 million) and is classified as level 3 in the fair value hierarchy. The fair value of investment properties was determined by external valuers using methods based on income approach or market comparative data approach.

The following table presents the results related to investment properties. 2024 2023 Impairment on investment properties 0 0 Additions 0 0 Reversal 0 0 Total impairment 0 0 Expenses from investment properties Acquisition cost 0 0 Maintenance expenses (899) (807) Sale related cost 0 0 Total (899) (807)

12. INTANGIBLE ASSETS Property rights Intellectual properties Total Gross value Opening balance 2024 920 15 247 16 167 Additions 179 1 295 1 474 Disposals (26) (74) (100) Closing balance 2024 1 073 16 468 17 541 Amortization Opening balance 2024 (794) (8 061) (8 855) Charge for the year (64) (871) (935) Disposals 24 68 92 Closing balance 2024 (834) (8 864) (9 698) Net book value 31 December 2023 126 7 186 7 312 31 December 2024 239 7 604 7 843 Property rights Intellectual properties Total Gross value Opening balance 2023 888 13 840 14 728 Additions 36 1 423 1 459 Disposals (4) (16) (20) Closing balance 2023 920 15 247 16 167 Amortization Opening balance 2023 (721) (7 192) (7 913) Charge for the year (73) (893) (966) Disposals 0 24 24 Closing balance 2023 (794) (8 061) (8 855) Net book value 31 December 2022 167 6 648 6 815 31 December 2023 126 7 186 7 312

13. OTHER ASSETS 31.12.2024 31.12.2023 Accrued income from reimbursed cost 10 175 3 736 Accrued fund management fee 823 1 181 Deferred expenses 2 476 2 189 Intermediated services 6 290 0 Deferred initial fair value adjustment 8 079 13 556 Interest subsidy settlements 3 756 3 399 Repossessed assets 107 71 Deferred income 411 551 Advance payments 617 980 Other 371 354 Special bank tax due to Covid-19 701 701 Non-income taxes 1 740 0 Total 35 546 26 718 Cost Reimbursement During the 2014-2020 and the 2021-2027 programming periods, the European Union encourages the expansion and more active use of financial instruments. Section 24/B of Government Decree No.272/2014. (XI. 5.) appointed MFB Zrt. as the body implementing the fund of funds to carry out the professional use of the refundable EU resource amounting to HUF 650 billion. For the 2021- 2027 programming period included in Section 31 of Government Degree No.256/2021. (V. 18.), appointed MFB Zrt. as the body implementing the holding fund for the delivery of the EU subsidies to the final beneficiaries. For the related tasks of the Recovery and Resilience Plan of Hungary – Recovery and Resilience Facility herein after referred to as: “RRF” – in Section 10/A of Government Decree No. 373/2022. (IX.30), MFB Zrt. was appointed as the implementing body of the financial instrument. Point 6 of Attachment 1 of the Decree of the Ministry of Finance No. 1/2024 (IV.30) appointed MFB Zrt. as the managing body of the budgetary appropriation named “Settlement of certain previously disbursed grants”. The management of the refundable subsidies, that should not be included in the assets of the economic operator appointed for the intermediation of aid (based on the Point 4a of Section 4 of the Act XLIX of 1991), financed from the 2007-2013 programming period, under the obligation of accountability, taken over by the Ministry of National Economy (legal predecessor Ministry of Finance, herein after referred to as “Ministry”) from financial intermediaries under liquidation proceedings, is based on the contractual agreement between MFB Zrt. and the Ministry. In the 2014-2020 and the 2021-2027 programming periods and during implementation of the RRF, the distribution of credit products is managed mainly through the intermediary system of "MFB Points", with which a more efficient allocation of resources can be realized. Intermediaries ensure physical availability, and their staff carries out a significant part of the credit valuation, disbursement and monitoring activities for which they receive a specific intermediary remuneration. All “MFB points” are operated by intermediary partners, therefore their costs and assets/liabilities are not included in the Group’s records. MFB Zrt. is entitled to compensation for the costs of the activities detailed in the Financing Contract/Contractual Agreement concluded with the Managing Authority/National Authority/Ministry, which is paid by the Managing Authority/National Authority/Ministry to the Bank in accordance with specific rules and procedures. The remuneration covers the justified and certified expenditures of the Bank – primarily the Bank's organizational and infrastructure costs – relating directly or indirectly to the implementation of the Financing Contract, recorded separately

in the Bank’s accounting register. According to the Financing Agreement Contractual Agreement the Bank is not entitled to any additional fee or reimbursement from the Managing Authority/National Authority/Ministry. The Bank cannot have a profit from the remuneration. The amount presented in the table includes certified costs already incurred by the Bank and partially reimbursed by the Managing Authority/National Authority/Ministry. Deferred initial fair value adjustment In 2013, the National Bank of Hungary launched its so-called Funding for Growth Scheme and in 2020 the FGS Hajrá program (both called FGS) to finance the operation and investments of small- and medium size businesses (SMB) as an economic development activity. Within both of these programs, SME’s fulfilling some present conditions were able to receive a preferential loan at a maximum interest rate of 2.5%, which was then refinanced by the National Bank of Hungary at 0% interest rate. The interest rates of these loans were lower than the interest rate of similar loans available in the market (off-market), therefore the initial fair value of loans received and provided were lower than their transaction value. This initial fair value difference was determined by the Bank; however, it was not accounted for in the profit or loss immediately given the unobservable inputs used in the calculation but was accrued for the lifetime of the underlying deal. In accordance with the IFRS standards part of the related loan provided was reclassified to other assets, while part of the received loan with the same amount approximately as on the asset side was reclassified to other liabilities. The unobservable input during the determination of the initial fair value difference was the differences customers’ credit risk and the Bank’s own credit risk. 31.12.2024 31.12.2023 Opening balance 13 556 16 321 Addition from new loans 51 16 Decrease due to sales (4 264) (561) Annual amortisation (1 264) (2 220) Closing balance 8 079 13 556 Repossessed real estates These repossessed real estates used serve as collateral behind loans provided by the Group and were transferred to theGroup for resale purposes. There was no provision created for these properties neither on 31st December 2024 nor on 31st December 2023. Special bank tax due to Covid-19 To implement the Economic Protection Action Plan, a one-time special credit institution tax on the epidemiological situation for replenishing the Epidemiological Fund was introduced in 2020 amounting to HUF 1.7 billion for the Bank, which was paid in three equal instalments during the year. The profit and loss impact of it under the IFRS rules did not have to be presented in 2020, as under the special tax act, the next 5 years of bank special tax liability will be deducted with this amount in five equal annual instalments, therefore this amount will reduce bank special tax expenditure for these years.

14. RECEIVABLES ON THE STATE DUE TO CURRENCY-HEDGING AGREEMENT The Bank’s foreign exchange risk originated from the foreign currency liabilities is hedged by the Foreign Exchange Guarantee Frame Agreement (FX Agreement) signed by the Hungarian Ministry of Finance originally in 2004 and later modified in 2014. This FX Agreement manages foreign exchange risks of the Bank’s foreign currency borrowings (EUR) and the State compensates any foreign exchange loss incurred on these borrowings and the Bank is required to pay to the State the amount of realized foreign exchange gains on these transactions. Under the agreement early financial settlement is possible for programs where asset-side final beneficiaries made repayment in excess of 20% of the original program framework actually used. The FX state guarantee frame for the Bank declared by the law was HUF 2 000 billion. 31.12.2024 31.12.2023 Guarantee frame maximum amount 2 000 000 2 000 000 Programmed amounts within the frame 1 477 809 1 477 809 Free frame 522 191 522 191 Sum used from the frame amount 857 081 830 487

31.12.2024 31.12.2023 Opening FX rates Year end NBH FX rate Opening FX rates Year end NBH FX rate Converted amount 632 622 857 081 632 622 830 487 from this amount already repaid by customers on which the balance is fixed 389 429 461 803 384 430 455 212 Foreign exchange losses 224 460 197 865 Amount already received from the State (relating to the not yet closed program) (64 861) (60 976) received during the year 0 Foreign exchange losses of FX state guarantee 159 599 136 889 Interest foreign exchange losses of FX state guarantee 30 522 29 195 Total foreign exchange losses on the converted amount 190 120 166 085 from this amount already repaid by customers on which the balance is fixed (102 896) (99 978) In 2024, the business activity covered by the hedging agreement was not significant, but the EUR/HUF exchange rate increased significantly as a result of which the receivables on the State was also increased. However, without this exchange rate hedging mechanism, the Bank's open currency position would be significant. This increase is recognized in the income statement on the „Exchange differences [gain or (-) loss], net” line, thereby neutralizing the effect of the revaluation of foreign currency liabilities. The receivable is against the Hungarian State therefore the credit risk is considered to be marginal.

15. FINANCIAL LIABILITIES MEASURED AT AMORTIZED COST

31.12.2024 31.12.2023 Deposits Interbank deposits 34 957 37 365 Customer deposits (collateral behind loans) 47 254 26 321 Other customer deposits 4 887 47 250 87 098 110 936 Loans taken Refinancing loans 178 095 201 519 Other loans taken 1 037 094 732 334 1 215 189 933 853 Debt securities issued Listed HUF bonds 664 573 581 522 Listed FX bonds 1 020 743 1 180 982 from this listed on foreign stock exchange 947 894 866 148 1 685 316 1 762 504 Other financial liabilities Margin accounts 8 853 8 137 Creditors and other financial liabilities 2 860 2 522 Finance lease liabilities 1 580 1 400 13 293 12 059 Total 3 000 896 2 819 352

The Bank does not collect retail deposits, its corporate deposits contain such term deposits that are offered as collateral for the underlying loans or were collected for liquidity purposes. Also, the line "deposits" includes inter-bank deposits used for liquidity management. The “Loans taken” line includes long-term liabilities in the FGS programs. This category also includes the external loans of the subsidiaries. In the following table, bonds marked with the ISIN code "XS" were listed on the London Stock Exchange, while all other bonds are listed on the Budapest Stock Exchange.

15.1. DEBT SECURITIES ISSUED 31.12.2024 31.12.2023 Name of bond ISIN code Issue date Maturity date Interest rate (annually) Nominal value Carrying value Nominal value Carrying value currency Currency equivalent HUF equivalent HUF equivalent Currency equivalent HUF equivalent HUF equivalent Foreign currency bonds MFB EUR/2025 XS2010030752 24.06.2020 24.06.2025 fixed 1.375% EUR 750 000 307 568 309 526 750 000 287 085 288 450 MFBEUR/2026 XS2348280707 09.06.2021 09.06.2026 fixed 0.375% EUR 500 000 205 045 205 199 500 000 191 390 191 352 MFBEU2406 HU0000361779 21.07.2022 26.06.2024 fixed 2.5% EUR 0 0 0 90 877 34 786 35 095 14.09.2022 0 0 0 132 940 50 887 51 193 28.09.2022 0 0 0 49 810 19 066 19 109 16.11.2022 0 0 0 28 050 10 737 10 721 MFB USD/2028 XS2630760796 31.05.2023 29.06.2028 fixed 6.5% USD 1 125 000 442 800 433 169 1 125 000 389 745 386 346 MFBEU2706/1 HU0000362934 13.09.2023 29.06.2027 fixed 5.5% EUR 139 580 57 240 58 362 139 580 53 428 53 721 12.10.2023 34 800 14 271 14 487 34 800 13 321 13 313 MFBEU2409/1 HU0000362983 28.09.2023 26.09.2024 fixed 5.3% EUR 0 0 0 160 878 61 581 62 234 MFBEU2410/1 HU0000363072 27.10.2023 25.10.2024 fixed 5.3% EUR 0 0 0 179 950 68 881 69 448 Total foreign currency bonds 1 026 924 1 020 743 1 180 907 1 180 982 HUF bonds MFB202710/1 HU0000357892 04.10.2017 27.10.2027 fixed 3.00% 4 180 4 222 4 180 4 229 09.10.2019 16 890 17 474 16 890 17 642 06.10.2021 13 175 13 127 13 175 13 087 04.11.2021 34 910 34 242 34 910 33 958 MFB202406/1 HU0000358700 06.02.2019 26.06.2024 fixed 2.6% 0 0 15 000 15 219 06.03.2019 0 0 13 300 13 490 18.05.2022 0 0 15 070 14 899 MFB202506/1 HU0000359674 27.05.2020 24.06.2025 fixed 1.7% 35 000 35 327 35 000 35 363 MFB202604/1 HU0000360037 21.10.2020 22.04.2026 fixed 1.9% 34 706 35 174 34 706 35 181 14.09.2023 63 306 58 401 63 306 54 446 MFB203110/1 HU0000360771 15.09.2021 22.10.2031 fixed 2.9% 33 950 33 449 33 950 33 357 20.10.2021 24 035 22 512 24 035 22 302 MFB203304/1 HU0000360896 11.11.2021 20.04.2033 fixed 4.2% 9 600 9 669 9 600 9 647 MFB202810/1 HU0000360912 17.11.2021 22.10.2028 fixed 3.9% 34 550 34 665 34 550 34 628 01.12.2021 23 495 22 958 23 495 22 789 MFB202410/1 HU0000361027 08.10.2021 24.10.2024 fixed 4.3% 0 0 12 441 12 480 02.02.2022 0 0 16 550 16 589 06.10.2022 0 0 4 900 4 578 MFB202910/1 HU0000361035 08.12.2021 24.10.2029 fixed 4.6% 10 680 10 576 10 680 10 540 02.02.2022 24 100 23 334 24 100 23 159 MFB202704/1 HU0000361092 15.12.2021 22.04.2027 fixed 4.5% 24 575 25 275 24 575 25 248

31.12.2024

31.

12.

2023 Name of bond ISIN code Issue date Maturity date Interest rate (annually) Nominal value Carrying value Nominal value Carrying value currency Currency equivalent HUF equivalent HUF equivalent Currency equivalent HUF equivalent HUF equivalent 19.01.2022 9 600 9 769 9 600 9 717 16.02.2022 9 453 9 572 9 453 9 502 26.10.2023 29 000 26 872 29 000 25 745 MFB202511/1 HU0000361761 15.06.2022 26.11.2025 fixed 7.8% 13 500 13 479 13 500 13 355 15.09.2022 6 700 6 481 6 700 6 216 17.11.2022 2 000 1 947 2 000 1 880 MFB202803/1 HU0000362975 27.09.2023 23.03.2028 fixed 8.2% 48 115 50 117 48 115 47 857 MFB202610/1 HU0000363064 11.10.2023 21.10.2026 fixed 9.2% 14 625 14 547 14 625 14 419 MFB202905/Z HU0000363593 20.03.2024 23.05.2029 fixed 6.5% 10 800 11 189 MFB203005/T HU0000363775 02.05.2024 22.05.2030 fixed 7.5% 24 475 25 322 MFB202902/1 HU0000363874 29.05.2024 28.02.2029 fixed 7.4% 48 965 50 923 26.06.2024 25 017 26 316 MFB202802/1 HU0000364245 18.09.2024 02.02.2028 fixed 6.3% 11 600 11 827 16.10.2024 13 050 13 218 MFB202906/1 HU0000364286 02.10.2024 27.06.2029 fixed 6.1% 12 400 12 589 Total HUF Bonds 666 452 664 573 597 406 581 522 Total Bonds 1 693 376 1 685 316 1 778 313 1 762 504 *: the currency value column contains the value rounded to the nearest thousand units of the given currency In 2024, the Bank issued five new HUF denominated bonds with a nominal value of HUF 146 billion and expired two HUF bonds with a nominal amount of HUF 77 billion and three EUR bonds also expired with a nominal value of EUR 642.5 million. To support its sourcing activities, the Bank prepared the MFB Sustainable Financing Framework, which complies with international standards, and with which it undertakes to use its sustainable resources according to green and social criteria to finance and/or refinance sustainable goals with a positive environmental and social impact. The Framework's compliance was reviewed by the world's leading rating agency, Sustainalytics Morningstar. The successful auction held on 18th March 2024, was the first market-type green bond issue (MFB202905/Z) in the life of MFB Zrt., based on the steps it has taken towards sustainability in recent years. MFB Zrt. used the proceeds from the first social bond issue in 2024 (MFB203005/T) to finance or refinance instruments defined by the framework that have a positive social impact and alleviate social problems and inequalities. The Bank was among the first in the Central and Eastern European region to issue social bonds.

In 2023, the Bank issued one fix interest bearing USD bond with a nominal value of USD 1 125 million and three new EUR bonds at a nominal value of EUR 382.4 million as well as two new HUF bonds at a nominal value of HUF 62.7 billion and additional issuance of HUF 92.3 billion occurred at two HUF bonds. Two EUR denominated bonds totalling to EUR 700 milllion and two HUF denominated bonds at a nominal amount of HUF 140 227 million were expired during the year.

Reconciliation of liabilities arising from financing activities 01.01.2024 Proceeds from bond issuance Discount/ Premium Repayments at maturity Exchange rate change Hedge impact 31.12.2024 HUF bonds 581 522 145 907 14 405 (77 261) 0 0 664 573 USD bonds 386 346 0 (27) 0 53 559 (6 709) 433 169 EUR bonds 794 636 0 (416) (256 034) 49 388 0 587 574 Total 1 762 504 145 907 13 962 (333 295) 102 947 (6 709) 1 685 316 01.01.2023 Proceeds from bond issuance Discount/ Premium Repayments at maturity Exchange rate change Hedge impact 31.12.2023 HUF bonds 579 192 139 202 3 355 (140 227) 0 0 581 522 USD bonds 0 386 503 1 023 0 (2 154) 974 386 346 EUR bonds 823 370 198 281 6 164 (190 136) (43 043) 0 794 636 Total 1 402 562 723 986 10 542 (330 363) (45 197) 974 1 762 504

16. PROVISIONS Provisions by title 31.12.2024 31.12.2023 Financial guarantees 4 902 780 Capital commitment 146 156 Loan commitments 7 951 4 920 Subtotal for IFRS 9 provision method 12 999 5 856 Legal cases 71 100 Employee jubilee program, other 470 390 Total (Note 28) 13 540 6 346 Based on the judgement of the Legal department, the amount of provision regarding legal cases are expected to be settled in more than twelve months after the reporting period.

17. OTHER LIABILITIES 31.12.2024 31.12.2023 Non-income taxes 1 939 1 583 Settlement from wages 2 169 1 849 Deferred income 4 339 3 520 Accrued costs 1 715 1 447 Lending related liabilities 809 2 092 Liabilities related to factoring activity 135 192 Advance payments from managing authorities 10 263 1 285 Fees due before disbursement but not paid 145 75 Debtors’ advance payments 462 456 Investment unit commitments 1 665 1 918 Deferred initial fair value adjustment 8 010 13 522 Other 525 506 Total 32 176 28 445 Liabilities to managing authorities include advances on expenditure reimbursement relating to the EU programming period 2007-2013, 2014-2020 and 2021-2027 (see Note 13). The venture capital note payment obligation is related to the subscribed but not yet paid capital increase of Central European Fund of Funds. The diclosed amount is payable as required by the investment plans. The deferred initial fair value adjustment line represents the initial fair value adjustment which is determined based on the internal models and is therefore deferred and amortized to the profit and loss in parallel to the amortization of the underlying instruments (loans taken in FGS and NHP Hajrá programs, see Note 13).

18. SHARE CAPITAL, SHARE PREMIUM AND VALUATION RESERVE Share capital 100% of the shares are owned by the Hungarian State. The total value of the 519 900 ordinary shares with HUF 1 million nominal value each was HUF 519 900 million. Share premium Share premium represents the difference between the nominal value of the subscribed share and the amount received at subscription. The Bank’s share premium both on 31st December 2024 and 2023 was HUF 81 870 million, that was increased on Group level with HUF 2.9 billion paid to MFB Invest Zrt. on 27th December 2023 by the final owner, being the Hungarian State. The amount was used for capital increase in Divat & Design Tőkealap.

Retained earnings Per Government Decree 216/2024. (VII. 31.) in 2024 the Group, as a 100% state-owned entity, had to save HUF 306.8 million mainly on Personal expenses and pay the savings to the State Budget. According to IFRS Conceptual Framework the transaction qualifies as a distribution to shareholders and has to be accounted as dividend under IFRS 9. In these financial statements the Group charged the amount directly to Retained earnings.

Valuation reserve Change in fair value on financial instruments measured at fair value through other comprehensive income Notes 31.12.2024 31.12.2023 Opening balance (653) (5 505) Change in fair value 234 5 262 Expected credit loss on debt instruments 0 0 Foreign exchange difference 75 (321) Transfer to profit or loss due to derecognition 0 0 Income tax effect 48 (89) Closing balance (296) (653)

19. OTHER RESERVES AND NON-CONTROLLING INTEREST General reserve Other reserve includes general reserve that is in accordance with Section 83 of Act No. CCXXXVII of 2013 equal to ten percent of the net profit after tax located in the individual financial statements and is used in loss making years. The general reserve created and used in accordance with Hungarian legislation has been allocated directly from the profit and loss reserve in the IFRS annual accounts. The Bank is not allowed to pay dividend from the statutory reserves.

Non-controlling interest NTH National Capital Holding Private Limited Company acquired a preferred share in MFB Invest during the capital increase in December 2022. NTH subscribed 1 preferred share with a nominal value of 1 HUF and issue price 1 HUF. The preferred share assures the right for its owner to appoint the Executive Chairman and the majority of the Supervisory Board. Given that the 1 preferred share represents a very immaterial share from the company’s net asset, the value of non-controlling interest is zero.

20. CONTINGENT AND FUTURE LIABILITIES To meet the financial needs of customers, the Group enters into various irrevocable commitments and contingent liabilities. These consist of financial guarantees and other undrawn commitments to lend. Other non-financial guarantees commit the Bank to make payments on behalf of customers in the event of a specific act, generally related to the import or export of goods. Guarantees carries a similar credit risk to loans. Even though these obligations may not be recognized on the statement of financial position, they do contain credit risk and are therefore part of the overall risk of the Group. 31.12.2024 31.12.2023 Loan commitments 237 152 332 785 Capital commitments 149 466 153 932 Guarantees 1 111 841 860 233 Guarantees and loan commitments total 1 498 459 1 346 950 Legal cases 103 309 Other commitments 9 842 1 531 Total 1 508 404 1 348 790 Capital commitments represent the subscribed but not yet paid capital increase of venture capital investments/notes that is payable as required by the investment plans if the investment is closer to a loan commitment.

Other commitments represent potential further capital increase for the Central European Fund of Funds that is not included in the investment plans, but its maximum amount was set in the foundation indeed of the fund. As owners’ decision is necessary to determine the actual need and amount therefore this amount is not yet an obligation.

21. NET INTEREST INCOME 2024 2023 Financial assets at fair value through other comprehensive income 3 231 3 413 Financial assets at amortized cost 140 538 133 640 Negative interest from financial liabilities 0 2 Interest income calculated using the effective interest method 143 769 137 055 Financial assets held for trading 37 611 26 336 Non-trading financial assets mandatorily at fair value through profit or loss 2 977 3 086 Derivatives – Hedge accounting 4 596 6 822 Other assets 21 846 44 555 Other similar income 67 030 80 799 Total interest income 210 799 217 854 Interest expense Financial liabilities held for trading (40 268) (50 429) Financial liabilities at amortized cost (150 872) (139 044) Derivatives – Hedge accounting (6 328) (4 000) Other liabilities (363) (523) Negative interest from financial assets (2) (2) Total interest expense (197 833) (193 998) Net interest income 12 966 23 856 Net interest income analysis by customer types: 2024 2023 Interest income Customers 102 172 103 137 National Bank of Hungary 21 581 44 704 Other banks 54 789 42 246 Securities 32 257 27 767 Total 210 799 217 854 Interest expense Customers (2 508) (2 565) National Bank of Hungary (4 185) (2 918) Other banks (109 583) (134 288) Securities (81 557) (54 227) Total (197 833) (193 998) Net interest income 12 966 23 856

22. DIVIDEND INCOME The Group did not recognize any amount as dividends received from associated enterprises (2023: HUF 1 918 million) in the income statement "Profit or (loss) from associates".

23. NET FEE AND COMMISSION INCOME 2024 2023 Fee and commission income Fund management fees 1 196 1 272 Guarantee fees 5 937 5 206 Loan servicing fees 478 242 Other fees and commission 12 12 Total 7 623 6 732 Fee and commission expenses Agent fees (125) (140) Guarantee fees (774) (774) Bank account commission (104) (66) Commitment fee (47) 0 Other fees and commission (2) (2) Total (1 052) (982) Net fee and commission income 6 571 5 750

GAINS OR (-) LOSSES ON FINANCIAL ASSETS AND LIABILITIES HELD FOR TRADING, NET 2024 2023 Interest rate swaps (23) (5) Cross currency interest rate swaps 29 127 (8 841) Foreign currency swaps (1 157) 2 426 Total 27 947 (6 420)

25. GAINS OR (-) LOSSES ON NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS, NET 2024 2023 Loans and advances to customers (980) (1 081) Loans and advances to banks 56 (25) Venture capital note – investment type 65 (134) Venture capital note – loan type 40 623 22 368 Total 39 764 21 128

2024 2023 Other investments 1 254 946 Total 1 254 946

26. OTHER OPERATING INCOME/EXPENSES 2024 2023 Other income Compensation received 8 754 4 820 Recovery of previous years costs 121 52 Rental and management income from investment properties 4 419 3 787 Rental income 119 114 Revenue from consultancy 773 721 Deferred initial fair value of borrowings 4 088 2 735 Other 1 960 1 284 Total other operating income 20 234 13 513 Other expenses Donations (424) (347) Expenses related to previous years (264) (93) Taxes – except income tax and special bank tax (2 230) (2 489) Special bank tax (5 659) (4 622) Extra profit tax (2 000) (4 012) Other expenses related to lending and borrowing (306) (392) Deferred initial fair value of loans granted (4 101) (2 755) Other (756) (263) Total other operating expense (15 740) (14 973) The Bank receives compensations for performing the tasks in connection with 2007-2013, 2014-2020 and 2021-2027 EU programming periods (further details in Note 13). The Bank did not receive any consideration from the State for the exercising of owner’s rights as determined in the XXII chapter of the central budget since 2023.

27. GENERAL AND ADMINISTRATIVE EXPENSES 2024 2023 Wages and salaries (15 222) (12 707) Compulsory social security (2 360) (2 152) Other personnel expenses (2 468) (2 294) Personnel expenses (20 050) (17 153) Marketing (1 195) (1 330) Office and property maintenance (1 687) (1 495) System support and maintenance (1 383) (1 144) Expert fees (1 737) (994) Rental expense (887) (559) Post, newspapers and document filing (538) (323) Other material type services (240) (248) Electricity, water, gas supply (172) (418) Education (127) (128) Labour mediation (23) (55) Legal costs (78) (67) Media (135) (128) Membership fees (112) (80) Insurances (149) (111) Bank cost (105) (140) Traveling (91) (89) Other welfare services (66) (57) Other (1 184) (964) Other general administrative expenses (9 909) (8 330) Total general and administrative expenses (29 959) (25 483)

The average number of the employees in 2024 was 849 (2023: 817).

Expert fees include HUF 208 million gross fees paid to the auditor for the 2024 annual audit and other audit related services (2023: HUF 160.14 million). Audit fees paid to the auditor of the Bank amounted HUF 136 million (2023 HUF 80 million to K.E.S. Audit Ltd.). There was no fee paid to the statutory auditor in 2024 or in 2023 for any non-audit services. Statutory auditor’s group members did not provide any non-audit services to the Group during 2024 (2023: HUF 18.9 million).

28. PROVISIONS OR (-) REVERSAL OF PROVISIONS 31.12.2024 31.12.2023 Other items Guarantees and loan commitments Capital commitments Total Other items Guarantees and loan commitments Capital commitments Total 1. Opening balance on 1st January (490) (5 700) (156) (6 346) (525) (4 207) (208) (4 940) 2. Charge (251) (6 600) 0 (6 851) (269) (1 988) 0 (2 257) 3. Release 90 184 18 292 166 252 52 470 4. Utilization 110 0 0 110 138 0 0 138 5. Foreign exchange difference 0 (737) (8) (745) 0 243 0 243 6. Closing balance on 31st December (541) (12 853) (146) (13 540) (490) (5 700) (156) (6 346) Net movement (excluding FX movement.) (51) (6 416) 18 (6 449) 35 (1 736) 52 (1 649) Profit or loss impact Other income (legal cases) 29 0 0 29 69 0 0 69 Impairment (-) or reversal of impairment of financial instruments 0 (6 416) 18 (6 398) 0 (1 736) 52 (1 684) Amounts charged to wages (80) (80) (99) (99) Amount charged to other expenses 0 0 0 0 65 0 0 65 The table below presents the changes in the provision for financial guarantees and undrawn loan commitments during 2024 by credit risk stages. The movements represent every change during the year. Opening balance on 1st January 2024 Net charge without stage transfer Charge due to origin Utilization and expiries From stage 1 to stage 2 From stage 2 to stage 1 From stage 2 to stage 3 FX impact Closing balance on 31st December 2024 Guarantees (780) (3 844) (278) 10 0 0 0 (10) (4 902) Stage 1 (252) (450) (252) 10 63 (24) 0 (10) (915) Stage 2 (528) (3 394) (26) 0 (63) 24 0 (0) (3 987) Stage 3 0 0 0 0 0 0 0 Loan commitments (4 920) (543) (1 788) 26 0 0 0 (726) (7 951) Stage 1 (105) (50) (195) 16 46 0 (3) (291) Stage 2 (4 731) (580) (1 593) 10 (46) 0 0 (720) (7 660) Stage 3 (84) 87 0 0 0 (3) 0 Capital commitments (156) 8 0 10 0 0 0 (8) (146) Stage 1 (156) 8 0 10 0 0 0 (8) (146) TOTAL (5 856) (4 379) (2 066) 46 0 0 0 (744) (12 999)

The table below presents the changes in the provision for financial guarantees and undrawn loan commitments during 2023 by credit risk stages. Opening balance on 1st January 2023 Net charge without stage transfer Charge due to origin Utilization and expiries From stage 1 to stage 2 From stage 2 to stage 1 From stage 2 to stage 3 FX impact Closing balance on 31st December 2023 Guarantees (210) (470) (116) 12 0 0 0 4 (780) Stage 1 (189) (379) (36) 7 341 0 0 4 (252) Stage 2 (21) (91) (79) 5 (341) 0 0 0 (528) Stage 3 0 0 0 0 0 0 0 Loan commitments (3 997) (1 057) (128) 22 0 0 0 239 (4 920) Stage 1 (29) (143) (44) 9 94 0 0 7 (105) Stage 2 (3 723) (1 161) (1) 13 (94) 0 0 235 (4 731) Stage 3 (245) 247 (83) 0 0 (3) (84) Capital commitments (208) 52 0 0 0 0 0 0 (156) Stage 1 (208) 52 0 0 0 0 0 0 (156) TOTAL (4 415) (1 475) (244) 34 0 0 0 243 (5 856)

29. IMPAIRMENT (-) OR REVERSAL OF IMPAIRMENT OF FINANCIAL INSTRUMENTS 2024 2023 Charge due to origin Net charge without stage transfer Total on 31st December Charge due to origin Net charge without stage transfer Total on 31st December Customer loans (3 370) (9 403) (12 773) (4 065) 285 (3 780) Loans to banks (6) 0 (6) 0 3 3 Debt securities (268) 233 (35) (48) (268) (316) Deposits at Central and other banks 0 0 0 (1) 6 5 Other financial receivables 0 1 1 0 (4) (4) Other demand deposits 0 (840) (840) (530) 8 (522) Guarantees (278) (3 834) (4 112) (116) (458) (574) Loan commitments (1 788) (517) (2 305) (128) (1 034) (1 162) Capital commitments 0 18 18 0 52 52 Subtotal (5 710) (14 342) (20 052) (4 888) (1 410) (6 298) Recovery of purchased receivables 10 867 10 236 Total profit and loss impact (9 185) 3 938 Recovery on purchased receivables represents the actual recovery since initial recognition or planned recovery due to the change in the assumptions in the model used to estimate the future recovery.

The table below presents the changes in the impairment for financial assets during 2024 by credit risk stages. The movements represent every change during the year. LOANS Opening balance on 1st January 2024 Charge due to origin Utilization Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Unwin ding FX impact Closing balance on 31st December 2024 Customer loans – Stage 1 (4 292) (671) 0 953 751 0 (5) (142) (3 406) General governments (129) 0 0 (22) 0 0 0 (1) (152) Other financial corporations (335) (76) 0 154 48 0 0 0 (209) Other non-financial corporations (3 810) (527) 0 945 699 0 (5) (141) (2 839) Households (18) (68) 0 (124) 4 0 0 0 (206) Loans to banks – Stage 1 (2) (6) 0 0 0 0 0 0 (8) Refinancing loans 0 0 0 0 0 0 0 0 0 Other loans (2) (6) 0 0 0 0 0 0 (8) Customer loans – Stage 2 (22 932) (1 752) 772 (15 624) (751) 940 5 (8 264) (2 018) (49 624) General governments 0 0 0 0 0 0 0 0 0 0 Other financial corporations (2 271) (1 276) 0 (1 918) (48) 0 0 0 (225) (5 738) Other non-financial corporations (20 600) (476) 772 (13 674) (699) 899 5 (8 263) (1 793) (43 829) Households (61) 0 0 (32) (4) 41 0 (1) 0 (57) Loans to banks – Stage 2 0 0 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0 0

LOANS Opening balance on 1st January 2024 Charge due to origin Utilizati on Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Unwin ding FX impact Closing balance on 31st December 2024 Customer loans – Stage 3 (44 341) (681) 1 116 (1 946) (940) 0 8 264 (1 286) (1 293) (41 107) General governments 0 0 0 0 0 0 0 0 0 0 Other financial corporations (16 148) 0 553 (1 250) 0 0 0 99 0 (16 746) Other non-financial corporations (28 184) (680) 563 (741) (899) 0 8 263 (1 384) (1 293) (24 355) Households (9) (1) 0 45 (41) 0 1 (1) 0 (6) Customer loans – POCI (8 900) (266) 0 6 387 0 0 (2 779) General governments (14) 0 0 14 0 0 0 Other financial corporations 0 0 0 0 0 0 0 Other non-financial corporations (2 273) 0 0 10 0 0 (2 263) Households (6 613) (266) 0 6 363 0 0 (516) Loans to banks – Stage 3 0 0 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0 0 Customer loans - TOTAL (80 465) (3 370) 1 888 (10 230) (1 286) (3 453) (96 916) General governments (143) 0 0 (8) 0 (1) (152) Other financial corporations (18 754) (1 352) 553 (3 014) 99 (225) (22 693) Other non-financial corporations (54 867) (1 683) 1 335 (13 460) (1 384) (3 227) (73 286) Households (6 701) (335) 0 6 252 (1) 0 (785) Loans to banks - TOTAL (2) (6) 0 0 0 0 (8) Refinancing loans 0 0 0 0 0 0 0 Other loans (2) (6) 0 0 0 0 (8)

DEBT SECURITIES Opening balance on 1st January 2024 Charge due to origin Utilizati on Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 FX impact Closing balance on 31st December 2024 Stage 1 (1 913) (268) 0 (1 152) 28 0 0 (28) (3 333) Hungarian government bonds 0 0 0 0 0 0 0 0 0 Corporate bonds (1 910) (253) 0 (1 142) 28 0 0 (28) (3 305) Mortgage bonds (3) (15) 0 (10) 0 0 0 0 (28) Stage 2 (1 616) 0 0 1 385 (28) 0 0 0 (259) Hungarian government bonds 0 0 0 0 0 0 0 0 0 Corporate bonds (1 616) 0 0 1 385 (28) 0 0 0 (259) Mortgage bonds 0 0 0 0 0 0 0 0 0 Stage 3 0 0 0 0 0 0 0 0 Hungarian government bonds 0 0 0 0 0 0 0 0 Corporate bonds 0 0 0 0 0 0 0 0 Mortgage bonds 0 0 0 0 0 0 0 0

DEPOSITS AT CENTRAL AND OTHER BANKS Opening balance on 1st January 2024 Charge due to origin Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2024 Stage 1* (1) 0 0 (1) Central bank deposits 0 0 0 0 Other bank deposits (1) 0 0 (1) *: Only stage 1 deposits were in the Group’s portfolio in 2024.

OTHER FINANCIAL ASSETS Opening balance on 1st January 2024 Charge due to origin Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2024 Stages* (6) 0 1 (5) Trade receivables (2) 0 (3) (5) Margin accounts (4) 0 4 0 *: Trade receivables cover stage 2, while margin accounts cover stage 1 items

OTHER DEMAND DEPOSITS Opening balance on 1st January 2024 Charge due to origin Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 FX impact Closing balance on 31st December 2024 Stage 1 (2) 0 (1) 0 (3) Cash balances with National Bank of Hungary (2) 0 (1) 0 (3) Other demand deposits 0 0 0 0 0 Stage 3 (530) 0 (839) 86 (1 283) Cash balances with National Bank of Hungary 0 0 0 0 0 Other demand deposits (530) 0 (839) 86 (1 283)

The table below presents the changes in the impairment for financial assets during 2023 by credit risk stages. LOANS Opening balance on 1st January 2023 Charge due to origin Utilizati on Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Unwin ding FX impact Closing balance on 31st December 2023 Customer loans – Stage 1 (4 160) (863) 0 44 568 0 0 119 (4 292) General governments (88) 0 0 (43) 0 0 0 2 (129) Other financial corporations (760) (59) 0 254 230 0 0 0 (335) Other non-financial corporations (3 309) (804) 0 (152) 338 0 0 117 (3 810) Households (3) 0 0 (15) 0 0 0 0 (18) Loans to banks – Stage 1 (5) 0 0 0 3 0 0 0 (2) Refinancing loans 0 0 0 0 0 0 0 0 0 Other loans (5) 0 0 0 3 0 0 0 (2) Customer loans – Stage 2 (36 053) (63) 0 (5 050) (568) 18 324 0 (227) 705 (22 932) General governments 0 0 0 0 0 0 0 0 0 0 Other financial corporations (4 785) (32) 0 (1 615) (230) 4 346 0 (22) 67 (2 271) Other non-financial corporations (31 199) (31) 0 (3 442) (338) 13 977 0 (205) 638 (20 600) Households (69) 0 0 7 0 1 0 0 0 (61) Loans to banks – Stage 2 0 0 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0 0

LOANS Opening balance on 1st January 2023 Charge due to origin Utilizati on Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Unwin ding FX impact Closing balance on 31st December 2023 Customer loans – Stage 3 (22 831) (2 047) 66 (389) (18 324) 0 227 (1 998) 955 (44 341) General governments 0 0 0 0 0 0 0 0 0 0 Other financial corporations (8 431) (112) 0 (3 018) (4 346) 0 22 (263) 0 (16 148) Other non-financial corporations (14 393) (1 935) 66 2 630 (13 977) 0 205 (1 735) 955 (28 184) Households (7) 0 0 (1) (1) 0 0 0 0 (9) Customer loans – POCI (13 488) (1 092) 0 5 680 0 0 (8 900) General governments 0 0 0 (14) 0 0 (14) Other financial corporations 0 0 0 0 0 0 0 Other non-financial corporations (2 107) (355) 0 189 0 0 (2 273) Households (11 381) (737) 0 5 505 0 0 (6 613) Loans to banks – Stage 3 0 0 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0 0 Customer loans - TOTAL (76 532) (4 065) 66 285 (1 998) 1 779 (80 465) General governments (88) 0 0 (57) 0 2 (143) Other financial corporations (13 976) (203) 0 (4 379) (263) 67 (18 754) Other non-financial corporations (51 008) (3 125) 66 (775) (1 735) 1 710 (54 867) Households (11 460) (737) 0 5 496 0 0 (6 701) Loans to banks - TOTAL (5) 0 0 3 0 0 (2) Refinancing loans 0 0 0 0 0 0 0 Other loans (5) 0 0 3 (2)

DEBT SECURITIES Opening balance on 1st January 2023 Charge due to origin Utilizati on Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 FX impact Closing balance on 31st December 2023 Stage 1 (3 626) (48) 0 893 839 0 0 29 (1 913) Hungarian government bonds 0 0 0 0 0 0 0 0 0 Corporate bonds (3 625) (48) 0 895 839 0 0 29 (1 910) Mortgage bonds (1) 0 0 (2) 0 0 0 0 (3) Stage 2 (96) 0 480 (1 161) (839) 0 0 0 (1 616) Hungarian government bonds 0 0 0 0 0 0 0 0 0 Corporate bonds (96) 0 480 (1 161) (839) 0 0 0 (1 616) Mortgage bonds 0 0 0 0 0 0 0 0 0 Stage 3 (493) 0 493 0 0 0 0 0 Hungarian government bonds 0 0 0 0 0 0 0 0 Corporate bonds (493) 0 493 0 0 0 0 0 Mortgage bonds 0 0 0 0 0 0 0 0

DEPOSITS AT CENTRAL AND OTHER BANKS Opening balance on 1st January 2023 Charge due to origin Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2023 Stage 1* (6) (1) 6 (1) Central bank deposits 0 0 0 0 Other bank deposits (6) (1) 6 (1) *: Only stage 1 deposits were in the Group’s portfolio in 2023.

OTHER FINANCIAL ASSETS Opening balance on 1st January 2023 Charge due to origin Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2023 Stages* (2) 0 (4) (6) Trade receivables (1) 0 (1) (2) Margin accounts (1) 0 (3) (4) *: Trade receivables cover stage 2, while margin accounts cover stage 1 items.

OTHER DEMAND DEPOSITS Opening balance on 1st January 2023 Charge due to origin Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 FX impact Closing balance on 31st December 2023 Stage 1 (10) 0 8 0 (2) Cash balances with National Bank of Hungary (9) 0 7 0 (2) Other demand deposits (1) 0 1 0 0 Stage 3 0 (530) 0 0 (530) Cash balances with National Bank of Hungary 0 0 0 0 0 Other demand deposits 0 (530) 0 0 (530)

*: Only Stage 1 and Stage 3 balances were in the Group's portfolio during 2023

30. IMPAIRMENT OR (-) REVERSAL OF IMPAIRMENT OF INVESTMENTS IN ASSOCIATES 31.12.2024 31.12.2023 Associates Exempted associates Associates Exempted associates 1. Opening balance on 1st January 0 (6 593) 0 (8 749) 2. Charge (5 279) (2 512) 0 (2 407) 3. Release and utilization 0 2 394 0 4 668 3.a. Release 0 375 0 347 3.b. Utilization 0 2 019 0 4 321 4. Foreign exchange difference 0 0 0 0 5. Reclassification 0 826 0 (105) 6. Closing balance on 31st December (5 279) (5 885) 0 (6 593) Net movement (5 279) 708 0 2 156 Profit or loss impact (2+3a) (5 279) (2 137) 0 (2 060)

31. TAXATION Income tax expenses include current taxes and deferred taxes. In both 2024 and 2023 the corporate tax rate was 9%, the local tax rate was 2%, and the innovation contribution rate was 0.3%. 2024 2023 Current tax 2 352 2 177 from this corporate tax 1 170 864 from this local tax and innovation contribution 1 182 1 313 Deferred tax 581 517 Total 2 933 2 694 The following table represents deferred tax asset and liability movements reported either in the income statement or in the other comprehensive income. 31.12.2024 31.12.2023 Recognized in profit or loss Recognized in OCI Deferred tax liability Deferred tax asset Recognized in profit or loss Recognized in OCI Deferred tax liability Deferred tax asset Tax expense 2 352 2 177 Deferred tax by titles Property, plant and equipment 8 0 92 0 10 0 84 0 Provisions (8) 0 (39) 0 (10) 0 (31) 0 Financial instruments 568 (48) 4 269 (173) 551 89 3 765 (189) Tax loss carry forward 13 0 (57) 0 (34) 0 (70) 0 Total 581 (48) 4 265 (173) 517 89 3 748 (189) Total tax expense in the Income statements 2 933 2 694 Financial instruments represent the combined effect of differences between Hungarian and International accounting (e.g. initial transaction costs, different impairment and provisioning rules).

The following table represents deferred tax asset and liability movements during the year. 31.12.2024 Opening Incerases Decreases Closing Type of deferred tax Asset/Liability base tax base tax base tax base tax Property, plant and equipment Liability 938 84 88 8 0 0 1026 92 Provision Asset (356) (31) (88) (8) 0 0 (444) (39) Financial instruments Asset (2 105) (189) 173 16 0 0 (1 932) (173) Financial instruments Liability 41 635 3 764 6 019 541 414 37 47 240 4 268 Tax loss carry forward Asset (773) (69) 0 (145) (13) (628) (56) Total 39 339 3 559 6 192 557 269 24 45 262 4 092 of which related to corporate income tax (3 541) 557 16 4 082 31.12.2023 Opening Incerases Decreases Closing Type of deferred tax Asset/Liability base tax base tax base tax base tax Property, plant and equipment Liability 822 74 116 10 0 0 938 84 Provision Asset (247) (22) (109) (9) 0 0 (356) (31) Financial instruments Asset (800) (72) (1 305) (117) 0 0 (2 105) (189) Financial instruments Liability 33 419 3 008 8 548 786 (332) (30) 41 635 3 764 Tax loss carry forward Asset (390) (35) (383) (34) 0 0 (773) (69) Total 32 804 2 953 6 867 636 (332) (30) 39 339 3 559 of which related to corporate income tax 2 953 618 (30) (3 541)

The following table reconciles income taxes as reported in the income statement. Reconciliation of effective tax rate 2024 2023 Tax rate Amount Tax rate Amount Profit before income taxes 46 519 31 311 Corporate tax 9.00% 4 187 9.00% 2 818 Local tax and innovation contribution impact 2.54% 1 182 4,19% 1 313 Corporate tax impact of subsidiaries negative result 0.56% 259 1.92% 600 Tax loss carry forward 0.28% 129 1.19% 374 Subsidiary and equity consolidation impact (5.84%) (2 715) (6.54%) (2 049) Effect of other tax base modifying items (0.23%) (109) (1.16%) (362) Effective tax 6.30% 2 933 8.60% 2 694 No deferred tax liability was recorded on profits generated by the consolidation of subsidiaries and associates, since the Bank can influence the timing of the use of these temporary differences through its control or significant influence and it is probable that the resulting temporary differences will not be revised in the foreseeable future. If a loss has been incurred, no deferred tax asset has been recorded either, as it is not probable that sufficient taxable profits will be available against which the resulting deductible temporary difference may be used. The “other” line of tax reconciliation mostly includes the net effect of these items. The accumulated amount of tax losses carries forward in 2024 was HUF 63 528 million (2023: HUF 68 079 million). The tax losses originated until 2014 (HUF 51 357 million) can be carried forward until 31st December 2030. Those which are originated from 2015 can be carried forward in the next 5 years after origination (2025: 12 283 million, 2027: 120 million, 2028: 396 million). The future realization of the tax loss carries forward is uncertain and therefore a deferred tax asset is only recognized in an amount that compensates 50% of the deferred tax liability since according to the Hungarian tax legislation in force the losses that can be utilized on annual basis shall not be more than the 50% of the positive tax base. The amount of the not recognized deferred tax asset on tax loss carry forward on 31st December 2024 is HUF 5 717 million (2023: HUF 6 127 million).

32. RELATED PARTIES The Bank is owned by the Hungarian State. The Bank identifies associates as related parties that are part of the MFB Group. The related parties also include members of the Executive board and the Board of Supervisors as well as companies over which these persons have control or significant influence. Transactions between the Bank and its consolidated companies are eliminated from the consolidated accounts. Related party transactions are carried out under normal market conditions. The Group using the option provided in IAS 24.25 and does not disclose its transactions with other state- owned companies and disclose only the most significant transactions with the Hungarian State such as state securities taxes and reimbursements. The definitions of the headings used in the table below are as follows. State: The ultimate controlling party. The State column in the below table includes the major items due to or from the various state bodies. The rows of securities include government securities issued by the Central Government Debt Management Agency (ÁKK). Tax payable or refundable to the Nat ional Tax and Customs Administration (NAV) is included in the tax receivables/liabilities lines. Other assets/liabilities include reimbursement from the Managing Authorities and advances received. Receivables from the State due to currency-hedging agreement include the claim on the Ministry of Finance. The income statement lines include the effects of the above items such as interest income, tax payments, or reimbursement income. Associates: Any company where the Bank has significant influence but has no control over financial and operational policies. 31.12.2024 31.12.2023 Restated Associates State Associates State ASSETS Non-trading financial assets mandatorily at fair value through profit or loss 1 463 0 1 198 0 Loans to customers 1 463 0 1 198 0 Financial assets at fair value through other comprehensive income 0 18 932 0 42 762 Debt securities 0 18 932 0 42 762 Financial assets at amortized cost 22 214 31 227 41 229 28 121 Debt securities 0 30 411 0 27 869 Loans to customers 22 214 0 41 229 226 Other financial receivables 0 816 0 26 Investments in associates 460 663 332 488 Tax assets 333 696 Current tax assets 333 696 Other assets 31 12 261 2 377 4 103 Receivables from the state due to currency-hedging agreement* 201 241 177 228 *: from the presented amount HUF 26 589 million (2023: HUF 17 236 million) was presented in the income statements’ line “Exchange differences [gain or (-) loss], net”.

31.12.2024 31.12.2023 Associates State Associates State LIABILITIES Financial liabilities measured at amortized cost 1 582 223 1 033 0 Deposits 1 465 0 1 033 0 Other financial liabilities 117 223 0 0 Tax liabilities 400 264 Current tax liabilities 400 264 Other liabilities 7 12 023 3 2 976 Guarantees and loan commitments 214 268 0 224 131 0 2024 2023 Associates State Associates State INCOME STATEMENTS Interest income 2 613 3 596 4 467 4 267 Interest expense (70) (57) Dividend income 0 0 Fee and commission income 15 37 Fee and commission expense (1) (2) Other operating income 994 8 954 6 4 826 Other operating expense (2) (8 017) (407) (7 059) General and administrative expenses (326) 0 0 0 Impairment (-) or reversal of impairment of financial instruments * (1 668) 0 (2 798) 0 Impairment or (-) reversal of impairment of investments in exempted associates (7 416) 0 (2 060) 0 Tax expense related to profit or loss (2 352) (2 169) *: the presented data excludes the collective impairment and provision created in accordance with the provision of IFRS 9

The compensation of key management personnel in 2024 and 2023 was the following: 2024 2023 Members of the Board of Directors 23 26 Members of the Supervisory Board 23 23 CEOs and deputy CEOs 208 162 Total 254 211 The table above includes the short-term benefits paid to the key management personnel. There was no post- employment benefit, long term benefit or termination benefit paid to the key management personnel and there is no share-based payment programme operated by the Bank. There was also no loan disbursement to the key management personnel.

33. SEGMENT REPORTING Operating segments are components that engage in business activities that may earn revenues or incur expenses, whose operating results are regularly reviewed by the chief operating decision maker (CODM), and for which discrete financial information is available. The CODM is the person ‒ or group of persons ‒ who allocates resources and assesses the performance for the entity. The functions of the CODM are performed by the Management Board of the Group. The Group’s segment reporting is based on the following operating segments. Segments Activity Banking: Loans. deposits and other transactions and balances with customers and banks Investment: Activities related to securities and investments EU fund management: Activities related to the mediation of EU funds by the Bank Debt management: Activities related to purchase, debt management, factoring Venture capital funding: Activities related to venture capital funding Property utilization: Activities related to management of properties owned by the Group The Group does not prepare geographical breakdowns because its primary business is carried out in Hungary and has no significant foreign operations. The results of the segments include the revenue and expenditure directly linked to that segment and the relevant part of the revenue and expenditure which may be assigned to a segment whether from external transactions or from other segments of the Group. Income statement items were broken down based on the principle that if an item is clearly assigned to the segment the total amount was presented there and where it cannot be clearly categorized the net segment’s asset-based allocation was followed. The banking and investment assets are clearly identifiable into the segments based on the Financial position statements lines. Liabilities and equity were separated into allocated and not-allocated parts. Not-allocated part represents the intangibles, property, plant and equipment, receivables from the state due to FX hedge agreement (those part which was already closed. no unpaid loan contract behind it) and the liquidity reserve set by internal policy (5% of the total assets). The remainder was allocated proportionally to each segment.

2024 Banking Investment EU fund management Debt management Venture capital funding Property management Total Total segment income and gain Interest income 196 483 0 0 12 395 1 853 68 210 799 from this interest income calculated using the effective interest method 129 509 0 0 12 339 1 853 68 143 769 from this other similar income 66 974 0 0 56 0 0 67 030 Fee and commission income 5 029 0 0 0 2 594 0 7 623 from this fund management fee 0 0 0 0 1 196 0 1 196 from this guarantee fees 5 937 0 0 0 0 0 5 937 from this loan servicing fees 478 0 0 0 0 0 478 from this other fees and commission 12 0 0 0 0 0 12 Dividend income 0 6 0 0 1 248 0 1 254 Gains on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net 372 0 0 (221) 45 0 196 Gains on financial assets and liabilities held for trading, net 18 236 9 711 0 0 0 0 27 947 Gains on non-trading financial assets mandatorily at fair value through profit or loss, net (174) 0 0 0 39 938 0 39 764 Other operating income 4 206 1 334 7 728 88 2 348 4 530 20 234 Total segment income and gain 224 152 11 051 7 728 12 262 48 026 4 598 307 817 Interest expenses (126 588) (2 000) 0 (2 200) (66 747) (298) (197 833) Fee and commission expenses (1 052) 0 0 0 0 0 (1 052) from this agent fees (125) 0 0 0 0 0 (125) from this guarantee fees (774) 0 0 0 0 0 (774) from this bank account commission (104) 0 0 0 0 0 (104) from this commitmenmt fees (47) 0 0 0 0 0 (47) from this other fees and commission (2) 0 0 0 0 0 (2) Losses from hedge accounting, net (1 747) (930) 0 0 0 0 (2 677) Exchange differences [loss], net (15 506) (8 257) 0 0 3 857 0 (19 906) Losses on derecognition of non-financial assets, net (3) (1) 0 0 (739) 6 (737) Contract modification loss, net (271) 0 0 0 0 0 (271) Other operating expenses (9 507) (3 271) (427) (2 163) (166) (206) (15 740) Administrative expenses (5 458) (3 132) (7 152) (7 585) (5 074) (1 558) (29 959) Depreciation (558) (814) (576) (322) (89) (205) (2 564) Segment profit before impairment and provisions 63 462 (7 354) (427) (8) (20 932) 2 337 37 078

2024 Banking Investment EU fund management Debt management Venture capital funding Property management Total Impairment (-) or reversal of impairment on financial instruments (24 143) 18 0 17 075 (2 135) 0 (9 185) Impairment (-) or reversal of impairment of investments in exempted associates 0 2 616 0 0 (10 032) 0 (7 416) Impairment of non-financial instruments 0 0 0 0 0 0 0 Profit or (-) loss from associates 0 14 693 0 (136) 11 485 0 26 042 Segment income before tax 39 319 9 973 (427) 16 931 (21 614) 2 337 46 519 Income tax expense (256) (704) 0 (1 560) (241) (172) (2 933) Profit for the year 39 063 9 269 (427) 15 371 (21 855) 2 165 43 586 2024 Banking Investment EU fund management Debt management Venture capital funding Property management Total Segment revenue Interest income 196 483 0 0 12 395 1 853 68 210 799 Fee and commission income 5 029 0 0 0 2 594 0 7 623 Dividend income 0 6 0 0 1 248 0 1 254 Other operating income 4 206 1 334 7 728 88 2 348 4 530 20 234 Total segment revenue 205 718 1 340 7 728 12 483 8 043 4 598 239 910 Timing of revenue Point in time 9 235 1 340 7 728 88 6 190 4 530 29 111 Over time 196 483 0 0 12 395 1 853 68 210 799 31.12.2024 Banking Investment Not allocated Debt management Venture capital funding Property management Total Segment assets 2 152 611 1 108 030 309 833 93 319 171 860 1 922 3 837 575 Participation of segment from total assets 56.09% 28.87% 8.07% 2.43% 4.48% 0.05% 100.00% Segment liabilities 1 856 751 955 739 31 634 80 493 148 239 1 658 3 074 514 Participation of segment from total liabilities 60.39% 31.09% 1.03% 2.62% 4.82% 0.05% 100.00%

2023 Banking Investment EU fund management Debt management Venture capital funding Property management Total Total segment income and gain Interest income 204 567 0 0 10 766 2 386 135 217 854 from this interest income calculated using the effective interest method 123 768 0 0 10 766 2 386 135 137 055 from this other similar income 80 799 0 0 0 0 0 80 799 Fee and commission income 5 460 0 0 0 1 272 0 6 732 from this fund management fee 0 0 0 0 1 272 0 1 272 from this guarantee fees 5 206 0 0 0 0 0 5 206 from this loan servicing fees 242 0 0 0 0 0 242 from this other fees and commission 12 0 0 0 0 0 12 Dividend income 0 3 0 0 943 0 946 Gains on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net 56 4 0 0 66 0 126 Gains on non-trading financial assets mandatorily at fair value through profit or loss, net 71 (100) 0 0 21 157 0 21 128 Gains on derecognition of non-financial assets, net 5 280 2 431 0 (125) (1 745) 0 5 841 Exchange differences [profit], net 1 (1 118) 0 6 1 328 3 220 Other operating income 2 230 168 4 795 77 2 303 3 940 13 513 Total segment income and gain 217 665 1 388 4 795 10 724 27 710 4 078 266 360 Interest expenses (129 710) (2 265) 0 (2 650) (58 898) (475) (193 998) Fee and commission expenses (982) 0 0 0 0 0 (982) from this agent fees (140) 0 0 0 0 0 (140) from this guarantee fees (774) 0 0 0 0 0 (774) from this bank account commission (66) 0 0 0 0 0 (66) from this other fees and commission (2) 0 0 0 0 0 (2) Losses on financial assets and liabilities held for trading, net (4 396) (2 024) 0 0 0 0 (6 420) Losses from hedge accounting, net (1 194) (549) 0 0 0 0 (1 743) Contract modification loss, net (3 230) 0 0 0 0 0 (3 230) Other operating expenses (8 842) (3 397) (103) (2 262) (191) (178) (14 973) Administrative expenses (3 883) (2 914) (4 368) (6 538) (6 415) (1 365) (25 483) Depreciation (626) (288) (426) (275) (677) (156) (2 448) Segment profit before impairment and provisions 64 802 (10 049) (102) (1 001) (38 471) 1 904 17 083

2023 Restated Banking Investment EU fund management Debt management Venture capital funding Property management Total Impairment (-) or reversal of impairment on financial instruments (10 234) 48 0 15 476 (1 352) 0 3 938 Impairment (-) or reversal of impairment of investments in exempted associates 0 (37) 0 917 (2 940) 0 (2 060) Impairment of non-financial instruments 0 0 0 0 (40) 0 (40) Profit or (-) loss from associates 0 14 085 0 0 (943) 0 13 142 Segment income before tax 54 568 4 047 (102) 15 392 (43 746) 1 904 32 063 Income tax expense (371) (171) 0 (1 277) (728) (147) (2 694) Profit for the year 54 197 3 876 (102) 14 115 (44 474) 1 757 29 369 2023 Banking Investment EU fund management Debt management Venture capital funding Property management Total Segment revenue Interest income 204 567 0 0 10 766 2 386 135 217 854 Fee and commission income 5 460 0 0 0 1 272 0 6 732 Dividend income 0 3 0 0 943 0 946 Other operating income 2 230 168 4 795 77 2 303 3 940 13 513 Total segment revenue 212 257 171 4 795 10 843 6 904 4 075 239 045 Timing of revenue Point in time 7 690 171 4 795 77 4 518 3 940 21 191 Over time 204 567 0 0 10 766 2 386 135 217 854 31.12.2023 Restated Banking Investment Not allocated Debt management Venture capital funding Property management Total Segment assets 2 219 352 858 648 288 047 85 382 148 380 1 957 3 601 766 Participation of segment from total assets 61.62% 23.84% 8.00% 2.37% 4.12% 0.05% 100.00% Segment liabilities 1 913 154 743 180 21 319 73 602 127 908 1 687 2 880 850 Participation of segment from total liabilities 66.41% 25.80% 0.74% 2.55% 4.44% 0.06% 100.00%

34. FINANCIAL RISK MANAGEMENT The Group’s internal governance is consistent with its market weight and prominent business role, as well as its approved business model, and it incorporates the relevant risk principles, organizational structure, decision-making structures (including boards and committees), risk management rules, models and methodologies. The Group operates reporting lines that enable the monitoring of risk performance. The Group strives to balance business and risk management aspects pursuant to MFB Act. The Group is continually developing its comprehensive risk culture that, in line with the Group's risk appetite, ensures compliance with international standards and best practices, as well as applicable domestic regulatory conditions and recommendations, and the identification, measurement and management of risks related to banking operations. The Group has an approved credit risk policy in line with the Bank's strategic objectives, comprehensive risk management policies and other policies covering different segments of risks (operational risk, market risk, etc.). Defining risk management principles includes defining risk appetite, risk management strategy and risk management policy, setting risk limits, defining and documenting risk management system processes, procedures, tasks, decision and control powers, identifying risks in a continuous, timely manner, development of procedures and methods for measuring risks, measuring, assessing and monitoring risks, preparing reports on risk management activities, and establishing procedures to be followed in the event of exceeding established risk limits. The Bank has a strategy and processes to determine and maintain the capital adequacy of the size and composition necessary to cover its current and future risks. It is the Government's legal obligation to ensure the long-term and stable functioning of the Bank, and it also monitors in detail the Bank's risk- taking activities, the expediency and profitability of management. The Bank quantifies all risks arising and presents them to its management bodies, despite the fact that, based on Section 8 (2) of the MFB Act, the Bank was exempted from the internal assessment of capital adequacy required by Section 97 of Hpt. procedure and the excess capital requirement from formation and maintenance. Group's risk management framework is based on a coherent, integrated approach: • Due to its core business, the Group consciously assumes risks (lending, investment transactions) and manages the risks associated with core business. • A well-structured regulatory hierarchy provides the framework for risk management and control. • As part of its risk management activities, the Group identifies, measures and manages relevant risks that are critical to its operations, considering the overall risk profile. • Methodological knowledge extends to the volatility of risks in stress situations, i.e., the size of a capital buffer needed to keep risk plan values safe. • Key risk indicators to monitor each type of risk (limits, processes, measures) are used to return the value of the indicators to the expected zone. • The Group operates a management information system as part of its reporting lines to support efficient risk decision-making while an external reporting service operates for supervisory purposes. The primary tools for developing a risk and risk management culture are the regular review and updating of risk and risk management policies and internal regulatory documents, the continuous communication of the defined value system and the regular training of employees in line with their roles and responsibilities in risk-taking, risk management and risk control. This way an informed risk culture is embedded in the day-to-day operations of the Group.

The Group-wide risk principles and strategies are approved by the Bank’s Board of Directors. The Board of Directors performing the management tasks regularly receives reports prepared by the Risk Management Division on the composition and development of the Group’s portfolio. On this basis the implementation of the risk strategy can be evaluated. The risk management governance model defines the responsibilities and duties of different bodies and individuals within each organization, with the aim of ensuring the sound and efficient management of activities and the management of different types of risk. The Group’s decision-making processes define, in a consistent manner, the responsibilities and powers of decision-making, consistent with the complexity of its decision-making areas and its financial impact. The key decision-making bodies and decision-makers for the Bank are listed in the Decision-making Agenda, and their powers, organization and procedures are defined in the Articles of Association, the Rules of Procedure of the Board of Directors and the Decision-making Agenda. Decision - making Bodies • Owner of property rights, • Board of Directors • Executive Board, • Assets-Liabilities Management Committee, • Individual Loans Committee, • Problem Loans Committee, • EU Steering Committee, • Irregularities Management Committee, • Development Steering Committee. • Sustainable Finance Committee, • Monitoring Committee. Bodies with specific powers defined in the Bank's regulatory documents are also considered as Decision-making Bodies (e.g., Crisis Committee). The powers and responsibilities of each committee are contained in the Bank's Articles of Association, the Rules of Procedure of the Board of Directors and the Decision-Making Rules of Procedure. The determination of decision levels depends on the size of the commitment, the score and the level of coverage.

Risk Management Division and Strategic Risk Management Directorate The Risk Management Division is completely separated from the Business Areas organizationally. The Head of the Division is a member of the Executive Board and reports directly to the CEO. The Group exercises the Group’s risk control function through a dedicated organizational unit, the Strategic Risk Management Directorate, which is independent of the business areas and the operational risk management area. In view of the aspects of proportionality, it is not justified to operate the risk control area as an independent division, therefore, assessing the advantages and disadvantages, the Bank operates the Strategic Risk Management Directorate within the framework of the Risk Management Division. The organizational unit performing the risk control function is responsible for defining the Group's risk management framework, enforcing external and internal limits and controls, and monitoring the implementation of the above within the Group and through intermediaries. In line with this, the Division is responsible for the risk oversight of the Strategic Group and the operating of Group-level risk management. Departments of the Risk Management Division: • Operative Credit Risk Management Directorate The activities of the Operative Credit Risk Management Directorate include the identification and reduction of risks and the setting of risk limits in the preparation of credit and investment decisions. It is the responsibility of the Operative Credit Risk Management Directorate to monitor the risk assumptions at the time of contracting and disbursement and after the risk assumption. The Bank monitors the contractual obligations of its customers. o Risk Analysis Department The responsibilities of the Risk Analysis Department include the performance of risk analysis and risk control tasks for loans, investment transactions, fund managers and funds, the review and approval of customer ratings/limits, financial and sector analyses, checking the fulfillment of contract and disbursement conditions, making recommendations for impairment and provisioning. o Monitoring Department Monitoring the exposures of clients in the portfolio owned by the Bank, developing and implementing approved action plans for clients with abnormal status. • Strategic Risk Management Directorate The Strategic Risk Management Directorate is responsible for the development and regulation of risk identification and measurement methodologies, the transparent presentation and application of risks, and the overall determination of risk losses. o Risk Control Department Coordinates the risk management activities of the strategic group members within the scope of their Bank-related responsibilities, acts as system administrator for risk management systems, manages market risks, represents risk control aspects in Bank and Group-level projects. • Special Credit Risk Management Directorate During its restructuring, pre-recovery and preparatory activities, the Special Credit Risk Management Directorate is responsible for the pre-work out activities within the Bank, i.e., the design and management of risk mitigation and reimbursement processes and the determination of risk losses (impairment, provisions). • Financial Instruments Control Directorate The Financial Instruments Control Directorate carries out on-the-spot checks on loans refinanced from its own resources or outsourced to ensure compliance with credit targets. o On-site Audit Department

Carries out the audits set out in the audit plan, conducts extraordinary and follow-up audits as necessary, on which it prepares an audit report, and monitors the implementation of the actions required in the audit report. o Quality Assurance Methodology Department Development and implementation of mid-term audit strategy and annual audit plan, preparation of internal auditing policies and methodology, and follow-up of audit findings. • EU Compliance and Data Reporting Directorate During its activities, it coordinates the investigations initiated by external inspection bodies in connection with resource management activities. In addition, it performs tasks related to the closure of EU financial instruments and performs reporting and data reporting activities. o Irregularity Management Department It performs tasks related to the unauthorized use of resources in the EU programming periods, regarding identification of responsibilities, registration, and reporting. Participates in the investigation of irregularities and unauthorized use of resources. The most significant risks arising from financial instruments to which the Group is exposed are credit risk, liquidity risk, market risk (currency exchange rate risk and banking book interest rate risks), climate change-related and environmental risk, operational risk. Risk management policies are set by the Board of Directors of the Bank in accordance with the rules and regulations set by the National Bank of Hungary. The application of and compliance to these policies is supervised by the Board. The Group has established reporting systems for continuous monitoring of these risks.

A. CREDIT RISK a) Credit risk management Credit risk is the risk of financial loss to the Group that arises from the client failing to meet its contractual obligations. Credit risk arises principally from the Group’s lending and investment activities, including the acquisition of investment certificates. The Group prepares and applies internal policies approved by its management bodies to achieve its strategy. These policies are intended to ensure the established and transparent risk exposure the control of assessment and decrease of risks. The risk-taking regulations and policies developed for the safe management and prudent operation of the Group are based on international and domestic professional practice, relevant legislation and supervisory recommendations and guidelines,

Customer rating Pursuant to the MNB regulation setting out the prudential requirements for customer rating, the Group operates a customer and counterparty rating system proportionate to the nature, magnitude and complexity of the risks inherent in its activities and the business model usedto underpin its risk-taking decisions, and to manage, measure, monitor and control risks. By providing a uniform basis, this helps: a) to establish the solvency and creditworthiness of the customer or counterparty before taking on risk; b) to estimate changes in the solvency and creditworthiness of the customer or counterparty and for determining their future solvency; c) to determine the likelihood of default by the customer or counterparty and quantify the likelihood of default; d) to categorise customers and counterparties into categories reflecting the same risks and probabilities of default, and for segregating defaulting customers and counterparties. Customer and partner ratings must be performed during the decision-making process for all customers against whom the Group intends to take risks. Beyond that the Group rates its clients at least once per year and performs extra reviews when appropriate. The customer rating procedures applied by the Group are as follows: • customer qualification of new companies and project companies; • customer rating of operating companies; • classification based on consolidated financial statements; • customer rating of local government; • simplified customer rating based on objective and qualitative criteria; • Rating of venture capital funds and private equity funds; • country and customer (national and international financial institutions. insurance companies) rating. Customers are classified into customer rating categories based on objective and qualitative factors. The so- called slotting method is used for customer ratings of new companies and project companies, in accordance with the Basel recommendation. The customer rating of operating companies and customers subject to rating based on consolidated financial statements is based either on an expert or a PD-based rating model. This rating may be modified by a maximum of one category in each direction by qualitative evaluation. The qualitative assessment includes an assessment of the ESG risks of the client. A simplified rating is prepared using an expert model for the rating of customers of exposures below HUF 50 million. Simplified rating procedures are also largely based on objective indicators. The rating of local governments and budgetary institutions is based on the analysis of defined objective indicators and subjective indicators. An expert model is used to rate venture capital funds and private equity funds. The applied ratings for the Bank are the following: Rating category PD average (corporate) Credit quality 1 0.75% outstanding 2 1.64% strong 3 2.66% good 4 4.39% average 5 7.10% acceptable 6 9.94% weak 7 13.99% insolvent 8 100.00% default

The default category includes a retail or corporate customer who has a non-performing exposure, i.e., who is more than 90 days per due on their significant payment obligations against whom a legally binding bankruptcy, liquidation, debt settlement, forced liquidation procedure or other procedure aimed at the termination of his activity, or a reorganization or restructuring procedure is in progress, or who is likely not to fulfil his payment obligations in full. In determining the default category, the Group considers compliance with Article 178 of the CRR and the relevant MNB regulations. For the application of the criterion in Article 178 (1) (a) of CRR, we apply the Special and Workout monitoring statuses applied by the Group, which indicate a non-performing category.

Evaluation of collateral The main types of collaterals accepted by the Group are as follows: • surety (surety of State (central budget), surety of guarantee institutions); • guarantee; • deposit (cash, security); • mortgage or pledges on property, plant and equipment; • pledge on rights, receivables, purchase price claims and equity interests. The market value of the collateral is adjusted by the coverage ratio. This ratio expresses the probable amount of recovery from the collateral and this adjusted collateral value is applied in the collateral registry and is considered in the impairment calculation. The Group performs quarterly monitoring and – if appropriate – the remeasurement of collaterals. When remeasurement occurred, the collateral registry is adjusted. The value of the collateral is determined on the basis of valuations carried out by external independent valuers, which, depending on the type of collateral (e.g. real estate collateral), are reviewed in detail by a technical consultant (a member of staff or, in the absence of a member of staff, a person/organisation acting as a technical expert).

Customer and Customer group limits, sector limits The customer limit is defined as the amount of the highest risk against one customer that can be undertaken. The maximum limit for a customer or customer group is the Bank's large exposures limit. Pursuant to Section 8 (1c) of the MFB Act, the large exposures limit does not apply to companies in the direct majority ownership of MFB, as well as to companies as defined in Annex 1 to the Act. The determination of customer and customer group limits depends on, among other things, the result of customer and partner ratings, the amount of equity or net income according to the closed financial statements of companies and the amount of interest-bearing liabilities. The sectoral limit depends on the financial situation of the sector. Pursuant to Section 8(1b) of MFB Act, notwithstanding Article 4(1)(39) of Regulation (EU) No 575/2013, MFB Zrt. does not consider as a client group those clients to whom MFB Zrt. has provided loans for the purpose of subscribing or purchasing investment units and which constitute a single risk factor just with respect to the investment funds, fund manager, fund manager's interlinks or to a right or obligation related to the assets in the investment fund's portfolio. The Bank classifies the sectors into eight risk groups by their financial position and determines limits for these groups. The sector group limits are the maximum of risk undertaken against clients classified into a given risk group.

Staging Criteria Assets where there has been no significant credit risk increase since the initial recognition or are classified as low credit risk assets are classified in the performing credit risk category – Stage 1 – by the Bank. Those transactions where significant credit risk increases have occurred since the initial recognition are classified into the increased credit risk category – Stage 2 – as far as the criteria for significant credit risk increase are met. The Bank considers the following cases to be a significant increase in credit risk: • significant deterioration in customer ratings or falling into category 7, insolvent; • delays in the amount of the Bank’s or any of its Subsidiaries’ claims against the Customer for more than 30 days, exceeding the absolute or relative thresholds specified for retail and corporate clients; • delays in payments the Bank’s or any of its Subsidiaries’ receivables from the Customer that exceed 90 days and do not reach the significant credit obligation threshold and • change in other monitoring information; • restructuring, if the transaction was performing at the time of the restructuring. Information to be considered include theBank’s information about the customer transactions that are observable in the course of the business, but not accessible from a system, however, indicate an increase in credit risk. Impaired credit risk category – Stage 3 - is used for all transaction for which there is objective evidence of the default. These are the following: • transactions above the significant credit obligation threshold that are more than 90 days overdue, • transactions with status “special” or “workout” in the "early warning indicator" system, • transactions for which coercive measures have been taken against the customer (e.g., liquidation, bankruptcy, etc.) and terminated transactions • the customer has committed fraud in connection with the contract, has seriously breached any of its contractual obligations to the Bank or a third party, a contractual security has been called, the customer has been liquidated. Credit impaired loans (purchased or incurred) are categorized as POCI and will remain in this category until their maturity or derecognition. In the Stage 1 category, the Bank quantifies the 12-month expected credit loss, while in Stage 2 and Stage 3 it calculates at lifetime expected credit loss. Credit losses on financial assets equal to the present value of the difference between the contractual cash flows and the cash flows expected by the Bank. The 12-month expected credit losses are part of the lifetime expected credit losses and indicate the lack of those lifetime cash flow that may occur due to the default of the counterparty within 12 months after the reporting date or if the expected life of the financial instrument is less than 12 months then a shorter period weighted with the probability of default (PD). Expected credit losses are the probability-weighted estimates of credit losses incurred during the expected life of the financial instrument (i.e., the present value of all cash flow deficits). The estimation of expected credit losses always reflects the potential for credit loss to occur or does not occur, even if the most likely result is that no credit loss occurs. The individually assessed estimate of expected credit losses shall reflect an unbiased and probability-weighted amount determined by evaluating a minimum of three (if it is not possible, at least of two) possible outcomes.

When determining the probability of default, the Bank classifies credit institutions with external credit ratings and those credit institutions and financial undertakings that do not have external credit ratings, individual corporate loans, agricultural loans, loans through agents, municipalities and parties into different valuation groups based on partner and customer types. When segmenting the portfolio, the Bank considers the credit risk categories by product type and sector code to determine the value of probability of default (PD), the loss given default (LGD) and the credit conversion factor (CCF), considering also the transactions covered by the State guarantee. During the corporate PD modelling, we modelled the probability of default according to the well-known function 1/(1+exp(Z), where Z is the linear combination of the explanatory variables. We identified 7 explanatory variables. With respect to the LGD parameter, segmentation in accordance with best practice was also implemented. We identified a total of 10 segments for which we developed the LGD models separately. As in the case of the PD parameter, we also had expert segments. During the LGD modelling, a weighted average calculation was essentially performed in the given segment, using the appropriately discounted collection cash flows. For the purposes of determining PD, the Bank treats an exposure as defaulted if one or more of the following conditions are met: • the debtor has been overdue for more than 90 days exceeding the significant credit obligation threshold for any payment obligation to the Bank or any of its subsidiaries; • bankruptcy, liquidation, forced liquidation, debt settlement or other proceedings aimed at terminating the debtor's activities, or reorganization or restructuring proceedings are in progress against the debtor, the Group or any other bank granted a payment concession to the debtor in the light of its financial difficulties that it would not otherwise have made and the debtor was in default at the time of the restructuring; • the Bank terminated the loan agreement due to the debtor's breach of contract; • the exposure was purchased by the Bank at a significant discount (at least 20%); • the full fulfilment of the debtor's payment obligation is unlikely due to the following: o the Bank refused to restructure the transaction; o the debtor's income has fallen significantly or is below the level required to fulfil his obligations under the contract; o the debtor has liquidity problems; o the debtor has committed a serious breach of contract against the Bank or another bank; o the debtor has committed fraud in connection with the contract; o the debtor's claim was sold at a significant discount. In determining the credit conversion factor (CCF) used to determine the expected loss on off-balance sheet liabilities (guarantees, guarantee frames, unused credit lines), the Bank classifies liabilities into four categories (1. Credit lines/guarantee frames; 2. Non-financial not draw downed guarantees; 3. Financial not draw downed guarantees; 4. Draw downed guarantees).

Incorporation of forward-looking information The IFRS 9 standard generally expects the calculation of expected credit losses to take into account projections of future economic conditions. Forward-looking information for customers subject to collective impairment is included in the Bank’s impairment through the LGD and corporate customer PD values assigned to them. These risk parameters are obtained by multiplying the values provided by the LGD and corporate PD model by the macro- correction factor resulting from the macro model. For LGD parameters, the Bank does not have sufficient data to build a macro model based on the LGD time series, therefore the Bank has defined a "fluctuation band" and has determined the expected LGD position within the band based on the economic forecast, taking into account macroeconomic factors. In addition to the real macroeconomic data, the Bank also used institutional data: quarterly return data aggregated to an annual level and an annual % return ratio compared to the last quarterly exposure of the previous year. Its value lies at the conservative end of the "fluctuation band". The LGD multiplier is applied by the Bank for the "corporate, agri and group" LGD segment. For bonds, the Bank has conservatively chosen to apply a multiplier of 1 when incorporating forward-looking information - given that corporate bonds are unhedged financial instruments and therefore there is greater uncertainty about the future evolution of LGD, which the Bank manages with this high degree of conservatism. For PD parameters, based on historical data, we identified those macroeconomic variables that are relevant to the default rate and thus the PD. These are: the ESA balance (accrual-based budget balance according to the European Union methodology) as a percentage of GDP, gross fixed capital formation, its lagged component and the lagged value of the Bank's default rate. As required, we defined three scenarios based on the estimated future trajectories of these variables: a baseline trajectory, an optimistic trajectory, and a pessimistic trajectory. The model assigns a correction factor to each scenario, and the resulting macro- correction factor is the weighted average of the factors assigned to the three scenarios, using the trajectories and the weighting prescribed by the National Bank of Hungary. The Bank examines the sensitivity of impairment to changes in scenarios during stress testing. According to the testing on the macro-correction factor relevant sub portfolio in case of the pessimistic scenario HUF 799 million additional impairment would be required while in case of the optimistic scenario HUF 1.01 billion impairment would be released compared to the amount settled. The following table contains the details: Impairment & Provisions stressed values table EAD subject to FLI Actual I&P Optimisic I&P Pessimistic I&P Stage 1 1 392 030 4 415 354 279 Stage 2 247 881 8 219 660 520 Total 1 639 911 12 633 1 014 799 Forborne loans Except in cases where special rules relating to the payment moratorium are applied, the Group classifies the debt is classified as restructured, if due to the deterioration of the client's or partner's financial problems or creditworthiness, the risk-taking contract had to be amended by granting a discount to avoid non-payment. The reclassification of a restructured claim to a non-restructured claim is subject to the European Banking Authority's Guide on prudential requirements for defaulted exposure and restructuring.

Risk Management Aspects of the war emergency The effects of the war emergency are considered in the group ECL calculation as follows. Forward- looking information is incorporated into the LGD and corporate PD values that determine the ECL, through the macro-correction multiplier resulting from the macro model. The strongest explanatory variables in the macro model are the gross fixed capital formation and the ESA balance as a % of GDP. The source of the GDP forecasts, incorporated through the above indicators, the baseline, optimistic and pessimistic trajectories defined by them, and the trajectory weighing are the State Budget and the annex to the MNB's quarterly circular 'Management Circular on the Use of Macroeconomic Information in the Application of IFRS 9 and Factors Indicating a Significant Increase in Credit Risk', which contains macroeconomic information. Such an annex is received at least 2 times and not more than 4 times a year. The macro model represents the effects of the war emergency as external factors affecting the whole economy through its strongest explanatory variable. Some transactions, the probability of default of which is obviously extremely affected by the war emergency, have been transferred to the set of transactions for which ECL is calculated individually. Due to MFB's role as a development bank, the majority of its loan portfolio consists of large, long-term, loans with special conditions, provided directly to Clients, and their ECL is calculated on an individual basis. The Bank keeps its large loans under continuous monitoring, which make up the most significant part of its portfolio and raised the ECL for transactions where it was justified by the expected impact of the war emergency. In addition to the regular monitoring activity, the unique, large exposures were also subject to a regular individual, customer-level review based on the available and additionally requested information. The aspects of the review were the core risk factors, being the shortage of raw materials characteristic of the customer's area of operation, the rise in raw material prices, the drastic rise in energy prices, the analysis of the cost-bearing capacity of businesses, and the expected decrease in demand from households. The pure war-impact is hardly identifiable accurately in itself (ceteris paribus), rather we handle these features as an indication and guidance only, with emphasized importance in stricter monitoring of related clients and our planning of future cost of risk. The Group does not apply portfolio level management corrections or overlays.

b) Exposure to credit risk Gross book value of customer loans and loans to banks at amortized cost broken down into customer rating categories described under the risk management principles are as follows.

31.12.2024 Rating categories Stage 1 Stage 2 Stage 3 POCI Total General governments 1 - 2 43 443 0 0 0 43 443 3 - 6 11 862 0 0 0 11 862 7 - 8 0 0 0 0 0 Total general governments 55 305 0 0 0 55 305 Other financial corporations 1 – 2 59 111 3 329 0 0 62 440 3 - 6 126 647 149 487 0 0 276 134 7 – 8 0 0 20 254 0 20 254 Total other financial corporations 185 758 152 816 20 254 0 358 828 Non-financial corporations 1 – 2 74 933 3 339 112 0 78 384 3 – 6 438 730 420 356 0 0 859 086 7 – 8 0 4 188 31 343 11 298 46 829 Total non-financial corporations 513 663 427 883 31 455 11 298 984 299 Households* 1 - 2 176 0 0 0 176 3 - 6 79 435 6 174 96 0 85 705 7 – 8 0 8 226 129 76 967 85 322 Total households 79 611 14 400 225 76 967 171 203 Total customer loans 834 337 595 099 51 934 88 265 1 569 635 Impairment (3 406) (49 624) (41 107) (2 779) (96 916) Maximum credit exposure 830 931 545 475 10 827 85 486 1 472 719 *: In case of family agricultural loans managed by intermediaries the Bank applies simplified staging rules which basically based on days past due and differ from the rules applicable to transactions directly managed by the Bank. The main reasons of this are the nature of this sub-portfolio and the limited information available for the intermediaries. 31.12.2024 Rating categories Stage 1 Stage 2 Stage 3 POCI Total Banks 1 - 2 183 637 0 0 0 183 637 Total loans to banks 183 637 0 0 0 183 637 Impairment (8) 0 0 0 (8) Maximum credit exposure 183 629 0 0 0 183 629 Deposits at central and other banks 1 - 2 26 589 0 0 0 26 589 Total deposits at central and other banks 26 589 0 0 0 20 659 Impairment (1) 0 0 0 (1) Maximum credit exposure 26 588 0 0 26 588

31.12.2023 Rating categories Stage 1 Stage 2 Stage 3 POCI Total General governments 1 - 2 525 0 0 0 525 3 - 6 64 210 0 0 0 64 210 7 - 8 0 0 0 17 17 Total general governments 64 735 0 0 17 64 752 Other financial corporations 1 – 2 67 079 0 0 0 67 079 3 - 6 122 353 111 198 0 0 233 551 7 – 8 0 0 22 114 0 22 114 Total other financial corporations 189 432 111 198 22 114 0 322 744 Non-financial corporations 1 – 2 104 517 1 766 0 0 106 283 3 – 6 347 031 339 848 152 0 687 031 7 – 8 0 2 747 39 881 10 375 53 003 Total non-financial corporations 451 548 344 361 40 033 10 375 846 317 Households* 1 - 2 325 125 0 0 450 3 - 6 55 351 14 087 49 0 69 487 7 – 8 204 2 356 173 72 400 75 133 Total households 55 880 16 568 222 72 400 145 070 Total customer loans 761 595 472 127 62 369 82 792 1 378 883 Impairment (4 292) (22 932) (44 341) (8 900) (80 465) Maximum credit exposure 757 303 449 195 18 028 73 892 1 298 418 *: In case of family agricultural loans managed by intermediaries the Bank applies simplified staging rules which basically based on days past due and differ from the rules applicable to transactions directly managed by the Bank. The main reasons of this are the nature of this sub-portfolio and the limited information available for the intermediaries. 31.12.2023 Rating categories Stage 1 Stage 2 Stage 3 POCI Total Banks 1 - 2 78 293 0 0 0 78 293 Total loans to banks 78 293 0 0 0 78 293 Impairment (2) 0 0 0 (2) Maximum credit exposure 78 291 0 0 0 78 291 Deposits at central and other banks 1 - 2 27 002 0 0 0 27 002 Total deposits at central and other banks 27 002 0 0 0 27 002 Impairment (1) 0 0 0 (1) Maximum credit exposure 27 001 0 0 0 27 001

Undrawn loan commitments and guarantees broken down into customer rating categories described under the risk management principles are as follows. 31.12.2024 Rating categories Stage 1 Stage 2 Stage 3 POCI Total Loan commitments 1 - 2 10 384 48 0 0 10 432 3 - 6 107 434 119 286 0 0 226 720 7 - 8 0 0 0 0 0 Total loan commitments 117 818 119 334 0 0 237 152 Capital commitments 1-2 149 466 0 0 0 149 466 Capital commitments 149 466 0 0 0 149 466 Guarantees 1 - 2 440 428 25 686 0 0 466 114 3 - 6 528 704 116 823 0 0 645 527 7 – 8 0 200 0 0 200 Total guarantees 969 132 142 709 0 0 1 111 841 Guarantees and capital and loan commitments total 1 236 416 262 043 0 0 1 498 459 31.12.2023 Rating categories Stage 1 Stage 2 Stage 3 POCI Total Loan commitments 1 - 2 59 554 0 0 0 59 554 3 - 6 144 316 128 730 0 0 273 046 7 - 8 0 0 185 0 185 Total loan commitments 203 870 128 730 185 0 332 785 Capital commitments 1-2 153 932 0 0 0 153 932 Capital commitments 153 932 0 0 0 153 932 Guarantees 1 - 2 272 687 4 143 0 0 276 830 3 - 6 508 944 74 163 0 0 583 107 7 – 8 0 296 0 0 296 Total guarantees 781 631 78 602 0 0 860 233 Guarantees and capital and loan commitments total 1 139 433 207 332 185 0 1 346 950

The table below represents the gross carrying amount transfers between impairment categories for customer loans valued at amortised cost and for undrawn loan commitments and guarantees. The movements represent every changes during the year. See the impairment and provision transfers between impairment categories in Note 29. Opening balance on 1st January 2024 New loans Sale Net movements without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2024 Customer loans Stage 1 761 595 212 887 0 (121 601) (23 282) 0 4 738 834 337 General government 64 735 0 0 (9 430) 0 0 0 55 305 Other financial corporations 189 432 45 235 0 (43 062) (6 021) 0 174 185 758 Other non-financial corporations 451 548 140 501 0 (64 739) (16 571) 0 2 924 513 663 Households 55 880 27 151 0 (4 370) (690) 0 1 640 79 611 Loans to banks 78 293 138 465 0 (33 121) 0 0 0 183 637 Refinancing loans 0 0 0 0 0 0 0 0 Other loans 78 293 138 465 0 (33 121) 0 0 0 183 637 Customer loans Stage 2 472 127 44 788 0 48 382 23 282 (11 904) (4 738) 23 162 595 099 General government 0 0 0 0 0 0 0 0 0 Other financial corporations 111 198 34 517 0 1 254 6 021 0 (174) 0 152 816 Other non-financial corporations 344 361 10 271 0 48 015 16 571 (3 383) (2 924) 14 972 427 883 Households 16 568 0 0 (887) 690 (8 521) (1 640) 8 190 14 400 Loans to banks 0 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0

Opening balance on 1st January 2024 New loans Sale Net movements without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2024 Customer loans Stage 3 62 369 854 (787) 756 11 904 0 (23 162) 51 934 General government 0 0 0 0 0 0 0 0 Other financial corporations 22 114 0 (754) (1 106) 0 0 0 20 254 Other non-financial corporations 40 033 854 (33) 2 190 3 383 0 (14 972) 31 455 Households 222 0 0 (328) 8 521 0 (8 190) 225 Loans to banks 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 Customer loans POCI 82 792 19 205 0 0 88 265 General government 17 0 0 (17) 0 Other financial corporations 0 210 0 (210) 0 Other non-financial corporations 10 375 3 180 0 (2 257) 11 298 Households 72 400 15 815 0 (11 252) 76 967 Customer loans Total 1 378 883 277 734 (787) (86 199) 0 0 0 0 1 569 635 General government 64 752 0 0 (9 447) 0 0 0 0 55 305 Other financial corporations 322 744 79 962 (754) (43 124) 0 0 0 0 358 828 Other non-financial corporations 846 317 154 806 (33) (16 791) 0 0 0 0 984 299 Households 145 070 42 966 0 (16 837) 0 0 0 0 171 203 Loans to banks 78 293 138 465 0 (33 121) 0 0 0 0 183 637 Refinancing loans 0 0 0 0 0 0 0 0 0 Other loans 78 293 138 465 0 (33 121) 0 0 0 0 183 637

Opening balance on 1st January 2024 New commitment s Drawn / matured commitmen ts Net movements without stage transfer From stage 1 to stage 2. or 3 From stage 2 or 3 to stage 1 From stage 2 to stage 3 Closing balance on 31st December 2024 Stage 1 1 139 433 346 849 (90 620) (148 352) (24 519) 13 760 1 236 416 Loan commitments 203 870 90 555 (22 895) (147 131) (6 446) 0 117 818 Capital commitments 153 932 0 (43 500) 39 034 0 0 149 466 Guarantees 781 631 256 294 (24 225) (40 256) (18 073) 13 760 969 132 Stage 2 207 332 46 012 (25 441) 23 381 24 519 (13 760) 0 262 043 Loan commitments 128 730 42 098 (17 561) (40 378) 6 446 0 0 119 334 Guarantees 78 602 3 914 (7 879) 63 759 18 073 (13 760) 0 142 709 Stage 3 185 0 0 (185) 0 0 0 0 Loan commitments 185 0 0 (185) 0 0 0 0 Guarantees 0 0 0 0 0 0 0 0 Total 1 346 950 392 861 (116 061) (125 156) 0 0 0 1 498 459 Loan commitments 332 785 132 653 (40 457) (187 694) 0 0 0 237 152 Capital commitments 153 932 0 (43 500) 39 034 0 0 0 149 466 Guarantees 860 233 260 208 (32 104) 23 503 0 0 0 1 111 841 Opening balance on 1st January 2023 New loans Sale Net movements without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2023 Customer loans Stage 1 799 579 135 556 0 (130 643) (49 025) (199) 6 327 761 595 General government 53 549 213 0 10 973 0 0 0 64 735 Other financial corporations 204 499 32 594 0 (14 998) (34 570) 0 1 907 189 432 Other non-financial corporations 483 638 102 685 0 (122 262) (12 398) (152) 37 451 548 Households 57 893 64 0 (4 356) (2 057) (47) 4 383 55 880 Loans to banks 80 332 0 0 (2 028) (11) 0 0 78 293 Refinancing loans 346 0 0 (335) (11) 0 0 0 Other loans 79 986 0 0 (1 693) 0 0 0 78 293 Customer loans Stage 2 464 839 11 244 0 (15 465) 49 025 (31 822) (6 327) 633 472 127 General government 0 0 0 0 0 0 0 0 0 Other financial corporations 93 613 6 539 0 (8 316) 34 570 (13 428) (1 907) 127 111 198 Other non-financial corporations 351 821 4 705 0 (6 820) 12 398 (18 143) (37) 437 344 361 Households 19 405 0 0 (329) 2 057 (251) (4 383) 69 16 568 Loans to banks 0 0 0 (11) 11 0 0 0 0 Refinancing loans 0 0 0 (11) 11 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0

Opening balance on 1st January 2023 New loans Sale Net movements without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2023 Customer loans Stage 3 37 100 3 532 (70) (9 581) 32 021 0 (633) 62 369 General government 0 0 0 0 0 0 0 0 Other financial corporations 10 472 0 0 (1 659) 13 428 0 (127) 22 114 Other non-financial corporations 26 617 3 532 (70) (7 904) 18 295 0 (437) 40 033 Households 11 0 0 (18) 298 0 (69) 222 Loans to banks 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 Customer loans POCI 73 511 7 996 0 1 285 82 792 General government 142 17 0 (142) 17 Other financial corporations 0 0 0 0 0 Other non-financial corporations 6 972 828 0 2 575 10 375 Households 66 397 7 151 0 (1 148) 72 400 Customer loans Total 1 375 029 158 328 (70) (154 404) 1 378 883 General government 53 691 230 0 10 831 64 752 Other financial corporations 308 584 39 133 0 (24 973) 322 744 Other non-financial corporations 869 048 111 750 (70) (134 411) 846 317 Households 143 706 7 215 0 (5 851) 145 070 Loans to banks 80 332 0 0 (2 039) 78 293 Refinancing loans 346 0 0 (346) 0 Other loans 79 986 0 0 (1 693) 78 293

Opening balance on 1st January 2023 New commitment s Drawn / matured commitmen ts Net movements without stage transfer From stage 1 to stage 2. or 3 From stage 2 or 3 to stage 1 From stage 2 to stage 3 Closing balance on 31st December 2023 Stage 1 1 080 232 467 784 (128 403) (228 893) (51 292) 5 1 139 433 Loan commitments 74 136 247 540 (124 952) 17 397 (10 283) 5 203 870 Capital commitments 210 938 167 179 0 (224 185) 0 0 153 932 Guarantees 795 131 53 065 (3 451) (22 105) (41 009) 0 781 631 Stage 2 143 138 16 361 (5 663) 2 209 51 292 (5) 0 207 332 Loan commitments 139 094 1 610 (4 459) (17 793) 10 283 (5) 0 128 730 Guarantees 4 044 14 751 (1 204) 20 002 41 009 0 0 78 602 Stage 3 1 109 179 (1 109) 6 0 0 185 Loan commitments 1 109 179 (1 109) 6 0 0 185 Guarantees 0 0 0 0 0 0 0 Total 1 224 479 484 324 (135 175) (226 678) 0 0 0 1 346 950 Loan commitments 214 366 249 329 (130 520) (390) 0 0 0 332 785 Capital commitments 210 938 167 179 0 (224 185) 0 0 0 153 932 Guarantees 799 175 67 816 (4 655) (2 103) 0 0 0 860 233

Customer loans and loans to banks at fair value through profit and loss broken down into customer rating categories described under the risk management principles are as follows. 31.12.2024 Customer rating categories Stage 1 Stage 2 Stage 3 Total General government 1 - 2 0 0 0 0 3 - 6 362 0 0 362 7 - 8 0 0 0 0 Total general government 362 0 0 362 Other financial corporation 1 – 2 142 170 0 312 3 - 6 122 161 0 283 7 – 8 0 0 0 0 Total other financial corporations 264 331 0 595 Other non-financial corporation 1 – 2 0 0 0 0 3 – 6 379 1 681 55 2 115 7 – 8 0 89 0 89 Total other non-financial corporations 379 1 770 55 2 204 Household 1 - 2 0 0 0 0 3 - 6 0 0 0 0 7 – 8 0 70 4 74 Total household 0 70 4 74 Total customer loans 1 005 2 171 59 3 235 Loans to banks 1 – 2 27 430 360 0 27 790 3 – 6 4 0 0 4 7 – 8 0 0 0 0 Total loans to banks 27 434 360 0 27 794 31.12.2023 Customer rating categories Stage 1 Stage 2 Stage 3 Total General government 1 - 2 0 0 0 0 3 - 6 424 0 0 424 7 - 8 0 0 0 0 Total general government 424 0 0 424 Other financial corporation 1 – 2 0 0 0 0 3 - 6 451 594 0 1 045 7 – 8 0 0 0 0 Total other financial corporations 451 594 0 1 045 Other non-financial corporation 1 – 2 777 0 0 777 3 – 6 1 480 1 214 183 2 877 7 – 8 3 99 0 102 Total other non-financial corporations 2 260 1 313 183 3 756 Household 1 - 2 0 0 0 0 3 - 6 0 0 0 0 7 – 8 0 84 7 91 Total household 0 84 7 91 Total customer loans 3 135 1 991 190 5 316 Loans to banks 1 – 2 30 822 420 0 31 242 3 – 6 8 0 0 8 7 – 8 0 0 0 0 Total loans to banks 30 830 420 0 31 250

The table below represents debt securities by external rating categories. 31.12.2024 31.12.2023 Bank rating Moody’s rating Amount Bank rating Moody’s rating Amount Amortized cost debt securities 441 220 443 550 Hungarian government bonds Baa2 30 411 Baa2 26 389 Mortgage bonds - 7 483 - 7 385 Corporate bonds* 403 326 409 776 AT1 984 AT1 0 AT2 0 AT2 251 147 AT3 395 285 AT3 72 106 AT4 6 531 AT4 37 376 AT5 526 AT5 48 441 AT6 0 AT6 706 FVOCI debt securities 27 365 51 054 Government bonds Baa2 17 769 Baa2 42 246 Bank bonds Baa2 9 596 Baa2 8 808 FVTPL debt securities 775 585 603 156 Venture capital notes – investment type** 4 393 4 037 Venture capital notes – loan type** 771 192 599 119 *: International rating is not available for these corporate bonds. ** FVTPL debt securities have no international rating, their risk assessment is based on the investment policy and the performance of the target companies.

Exposure to credit risk and collaterals The general creditworthiness of a corporate customer tends to be the most relevant indicator of credit quality of a loan however, collateral provides additional security and the Group request that corporate borrowers provide it. The Group may take collateral in form of a first rank mortgage over real estate pledges on all corporate assets and other liens and guarantees (mostly state guarantees) as detailed in the next subsection. The purpose of the table is to present a comparison between the net carrying amount of the customer loans and loans to bank at amortized cost and the corresponding collateral amounts to show the coverage. The fair value of the collaterals is limited by the net carrying amount of the loans and commitments. LOANS AT AMORTIZED COST Under collateralized Full or over collateralized Uncollateralized Total 31.12.2024 carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans fair value of collateral Customer loans 611 784 311 761 185 466 185 466 675 469 1 472 719 497 227 General government 54 928 36 503 125 125 100 55 153 36 628 Other financial corporations 207 194 95 017 353 353 128 588 336 135 95 370 Other non-financial corporations 349 486 180 158 128 129 128 129 433 398 911 013 308 287 Households 176 83 56 859 56 859 113 383 170 418 56 942 Loans to banks 143 694 143 532 0 0 39 935 183 629 143 532 Refinancing loans 0 0 0 0 0 0 0 Other loans 143 694 143 532 0 0 39 935 183 629 143 532 Total 755 478 455 293 185 466 185 466 715 404 1 656 348 640 759

LOANS AT AMORTIZED COST Under collateralized Full or over collateralized Uncollateralized Total 31.12.2023 carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans fair value of collateral Customer loans 629 918 340 008 168 538 168 538 499 962 1 298 418 508 546 General government 63 849 40 260 292 292 468 64 609 40 552 Other financial corporations 206 100 113 114 595 595 97 295 303 990 113 709 Other non-financial corporations 359 753 186 516 104 651 104 651 327 046 791 450 291 167 Households 216 118 63 000 63 000 75 153 138 369 63 118 Loans to banks 38 372 38 278 0 0 39 919 78 291 38 278 Refinancing loans 0 0 0 0 0 0 0 Other loans 38 372 38 278 0 0 39 919 78 291 38 278 Total 668 290 378 286 168 538 168 538 539 881 1 376 709 546 824 The following table includes the reconciliation of the collateral value and the net carrying value for credit impaired (stage 3 and POCI) loans only. The fair value of the collaterals is limited by the net carrying amount of the loans. Under collateralized Full or over collateralized Uncollateralized Total 31.12.2024 LOANS AT AMORTIZED COST carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans fair value of collateral Customer loans 9 089 4 393 9 519 9 519 77 705 96 313 13 912 General government 0 0 0 0 0 0 0 Other financial corporations 3 082 1 811 0 0 426 3 508 1 811 Other non-financial corporations 5 831 2 499 4 436 4 436 5 868 16 135 6 935 Households 176 83 5 083 5 083 71 411 76 670 5 166 Loans to banks 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 Total 9 089 4 393 9 519 9 519 77 705 96 313 13 912

Under collateralized Full or over collateralized Uncollateralized Total 31.12.2023 LOANS AT AMORTIZED COST carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans fair value of collateral Customer loans 12 045 5 656 14 358 14 358 65 517 91 920 20 014 General government 0 0 0 0 3 3 0 Other financial corporations 4 927 2 576 311 311 728 5 966 2 887 Other non-financial corporations 6 918 2 978 8 383 8 383 4 650 19 951 11 361 Households 200 102 5 664 5 664 60 136 66 000 5 766 Loans to banks 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 Total 12 045 5 656 14 358 14 358 65 517 91 920 20 014

The following table includes the carrying amount of the customer loans and loans to banks mandatorily at fair value through profit and loss and the corresponding collateral amounts. The fair value of the collaterals is limited by the net carrying amount of the loans. LOANS AT FAIR VALUE Under collateralized Full or over collateralized Uncollateralized Total 31.12.2024 carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans fair value of collateral Loans and advances to banks 0 0 0 0 27 794 27 794 0 Municipality loan program 0 0 0 0 19 286 19 286 0 Business development loan program 0 0 0 0 1 679 1 679 0 Agricultural development loan program 0 0 0 0 6 790 6 790 0 Retail loan program 0 0 0 0 39 39 0 Customer loans 595 25 812 812 1 828 3 235 837 General governments 0 0 362 362 0 362 362 Other financial corporations 595 25 0 0 0 595 25 Other non-financial corporations 0 0 376 376 1 828 2 204 376 Households 0 0 74 74 0 74 74 Total 595 25 812 812 29 622 31 029 837

LOANS AT FAIR VALUE Under collateralized Full or over collateralized Uncollateralized Total 31.12.2023 carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans fair value of collateral Loans and advances to banks 0 0 0 0 31 250 31 250 0 Municipality loan program 0 0 0 0 21 026 21 026 0 Business development loan program 0 0 0 0 2 349 2 349 0 Agricultural development loan program 0 0 0 0 7 810 7 810 0 Retail loan program 0 0 0 0 65 65 0 Customer loans 2 820 1 531 974 974 1 522 5 316 2 505 General governments 0 0 424 424 0 424 424 Other financial corporations 1 045 44 0 0 0 1 045 44 Other non-financial corporations 1 775 1 487 459 459 1 522 3 756 1 946 Households 0 0 91 91 0 91 91 Total 2 820 1 531 974 974 32 772 36 566 2 505

Exposure to credit risk and collaterals –off-balance sheet items Under collateralized Full or over collateralized Uncollateralized Total 31.12.2024 carrying value of commitments fair value of collateral carrying value of commitments fair value of collateral carrying value of commitments carrying value of commitments fair value of collateral Loan commitments and guarantees 1 091 908 701 076 16 106 16 106 377 446 1 485 460 717 182 Loan commitments 41 942 13 476 3 702 3 702 183 557 229 201 17 178 Capital commitments 0 0 0 0 149 320 149 320 0 Guarantees 1 049 966 687 600 12 404 12 404 44 569 1 106 939 700 004 Under collateralized Full or over collateralized Uncollateralized Total 31.12.2023 carrying value of commitments fair value of collateral carrying value of commitments fair value of collateral carrying value of commitments carrying value of commitments fair value of collateral Loan commitments and guarantees 829 169 568 839 13 664 13 664 498 261 1 341 094 582 503 Loan commitments 35 111 19 809 1 715 1 715 291 039 327 865 21 524 Capital commitments 0 0 0 0 153 776 153 776 0 Guarantees 794 058 549 030 11 949 11 949 53 446 859 453 560 979

c) Collateral and other security enhancements An estimate of the fair value of collateral and other security enhancements (up to the net carrying amount of receivables) is shown in the table below. 31.12.2024 State guarantee Property Other mortgage Other Total collateral Uncolla- terialised Total LOANS AT AMORIZED COST carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans Customer loans 155 115 138 016 181 311 140 716 327 609 186 666 133 215 31 829 797 250 497 227 675 469 1 472 719 General government 11 715 11 713 125 125 43 213 24 790 0 0 55 053 36 628 100 55 153 Other financial corporations 42 313 41 931 10 882 1 385 140 711 46 915 13 641 5 139 207 547 95 370 128 588 336 135 Other non-financial corporations 101 087 84 372 162 360 131 355 94 594 65 870 119 574 26 690 477 615 308 287 433 398 911 013 Households 0 0 7 944 7 851 49 091 49 091 0 0 57 035 56 942 113 383 170 418 Loans to banks 143 694 143 532 0 0 0 0 0 0 143 694 143 532 39 935 183 629 Refinancing loans 0 0 0 0 0 0 0 0 0 0 0 0 Other loans 143 694 143 532 0 0 0 0 0 0 143 694 143 532 39 935 183 629 Other category mostly includes suretyship (HUF 7 620 million) and cash deposits (HUF 5 650 million), and it also includes other collaterals (HUF 18 559 million). 31.12.2023 State guarantee Property Other mortgage Other Total collateral Uncolla- terialised Total LOANS AT AMORIZED COST carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans Customer loans 170 810 154 357 276 767 210 812 202 548 111 508 148 331 31 598 798 456 508 275 499 962 1 298 418 General government 11 642 11 621 52 499 28 930 0 0 0 0 64 141 40 551 468 64 609 Other financial corporations 65 646 64 645 0 0 126 468 42 994 14 581 6 069 206 695 113 708 97 295 303 990 Other non-financial corporations 93 522 78 091 215 398 173 111 21 734 14 168 133 750 25 529 464 404 290 899 327 046 791 450 Households 0 0 8 870 8 771 54 346 54 346 0 0 63 216 63 117 75 153 138 369 Loans to banks 38 372 38 278 0 0 0 0 0 0 38 372 38 278 39 919 78 291 Refinancing loans 0 0 0 0 0 0 0 0 0 0 0 0 Other loans 38 372 38 278 0 0 0 0 0 0 38 372 38 278 39 919 78 291 Other category mostly includes suretyship (HUF 2 913 million) and cash deposits (HUF 14 751 million), and it also includes other collaterals (HUF 13 934 million).

The following table includes an estimate of the fair value of collateral and other security enhancements (up to the amount of receivables) for credit impaired (stage 3 and POCI) loans only. 31.12.2024 State guarantee Property Other mortgage Other Total collateral Uncolla- terialised Total LOANS AT AMORIZED COST carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans Customer loans 161 161 13 085 10 527 4 977 2 953 385 271 18 608 13 912 77 705 96 313 General government 0 0 0 0 0 0 0 0 0 0 0 0 Other financial corporations 0 0 0 0 3 050 1 791 32 20 3 082 1 811 426 3 508 Other non-financial corporations 161 161 8 042 5 577 1 711 946 353 251 10 267 6 935 5 868 16 135 Households 0 0 5 043 4 950 216 216 0 0 5 259 5 166 71 411 76 670 Loans to banks 0 0 0 0 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0 0 0 0 31.12.2023 State guarantee Property Other mortgage Other Total collateral Uncolla- terialised Total LOANS AT AMORIZED COST carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans Customer loans 0 0 20 218 16 022 5 411 3 074 774 649 26 403 19 745 65 517 91 920 General government 0 0 0 0 0 0 0 0 0 0 3 3 Other financial corporations 0 0 0 0 5 200 2 863 38 24 5 238 2 887 728 5 966 Other non-financial corporations 0 0 14 565 10 467 0 0 736 625 15 301 11 092 4 650 19 951 Households 0 0 5 653 5 555 211 211 0 0 5 864 5 766 60 136 66 000 Loans to banks 0 0 0 0 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0 0 0 0

The following table includes the carrying amount of the customer loans and loans to bank mandatorily at fair value through profit and loss and an estimate of the fair value of collateral and other security enhancements (up to the amount of receivables). 31.12.2024 State guarantee Property Other mortgage Other Total collateral Uncolla- terialised Total LOANS AT FAIR VALUE carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans Loans and advances to banks 0 0 0 0 0 0 0 0 0 0 27 794 27 794 Municipality loan program 0 0 0 0 0 0 0 0 0 0 19 286 19 286 Business development loan program 0 0 0 0 0 0 0 0 0 0 1 679 1 679 Agricultural development loan program 0 0 0 0 0 0 0 0 0 0 6 790 6 790 Retail loan program 0 0 0 0 0 0 0 0 0 0 39 39 Customer loans 45 45 687 687 0 0 675 105 1 407 837 1 828 3 235 General governments 0 0 362 362 0 0 0 0 362 362 0 362 Other financial corporations 0 0 0 0 0 0 595 25 595 25 0 595 Other non-financial corporations 44 44 257 257 0 0 75 75 376 376 1 828 2 204 Households 1 1 68 68 0 0 5 5 74 74 0 74 31.12.2023 State guarantee Property Other mortgage Other Total collateral Uncolla- terialised Total LOANS AT FAIR VALUE carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans Loans and advances to banks 0 0 0 0 0 0 0 0 0 0 31 250 31 250 Municipality loan program 0 0 0 0 0 0 0 0 0 0 21 026 21 026 Business development loan program 0 0 0 0 0 0 0 0 0 0 2 349 2 349 Agricultural development loan program 0 0 0 0 0 0 0 0 0 0 7 810 7 810 Retail loan program 0 0 0 0 0 0 0 0 0 0 65 65 Customer loans 519 456 822 822 0 0 2 453 1 228 3 794 2 506 1 522 5 316 General governments 0 0 424 424 0 0 0 0 424 424 0 424 Other financial corporations 0 0 0 0 0 0 1 045 44 1 045 44 0 1 045 Other non-financial corporations 518 455 314 314 0 0 1 402 1 178 2 234 1 947 1 522 3 756 Households 1 1 84 84 0 0 6 6 91 91 0 91

Collateral and other security enhancements to credit risk and collaterals –off-balance sheet items 31.12.2024 State guarantee Property Other mortgage Other Total collateral Uncolla- terialised Total carrying value of commitments fair value of collateral carrying value of commitments fair value of collateral carrying value of commitments fair value of collateral carrying value of commitments fair value of collateral carrying value of commitments fair value of collateral carrying value of commitments carrying value of commitments Loan commitments and guarantees 679 972 612 690 14 810 6 767 146 223 46 886 267 009 50 838 1 108 014 717 181 377 446 1 485 460 Loan commitments 0 0 2 696 2 511 21 866 5 157 21 082 9 509 45 644 17 177 183 557 229 201 Capital commitments 0 0 0 0 0 0 0 0 0 0 149 320 149 320 Guarantees 679 972 612 690 12 114 4 256 124 357 41 729 245 927 41 329 1 062 370 700 004 44 569 1 106 939 31.12.2023 State guarantee Property Other mortgage Other Total collateral Uncolla- terialised Total carrying value of commitments fair value of collateral carrying value of commitments fair value of collateral carrying value of commitments fair value of collateral carrying value of commitments fair value of collateral carrying value of commitments fair value of collateral carrying value of commitments carrying value of commitments Loan commitments and guarantees 561 177 505 403 13 048 5 737 91 944 34 799 176 664 36 565 842 833 582 504 498 261 1 341 094 Loan commitments 751 751 5 264 2 754 16 951 7 888 13 860 10 131 36 826 21 524 291 039 327 865 Capital commitments 0 0 0 0 0 0 0 0 0 0 153 776 153 776 Guarantees 560 426 504 652 7 784 2 983 74 993 26 911 162 804 26 434 806 007 560 980 53 446 859 453

The Central Budget determined a state guarantee frame for t he Bank’s asset side credit exposures (guarantee provided to the Bank) and also for liability side obligations (guarantee provided for the Bank). The amount and utilization (representing the amount allocated either to loan programs or individual loans) and the actual loan balance disbursed under the state guarantee frame and the related collaterals, being the state guarantee itself were the following. 31.12.2024 31.12.2023 Asset side state guarantee frame 1 700 000 1 700 000 Utilization 1 199 579 1 183 089 from this actual loan balance at year end 917 331 725 073 Liability side guarantee frame 4 300 000 3 500 000 Utilization 2 797 855 2 741 349

d) Restructured loans The Group classifies a loan as restructured if it makes a discount or modification due to the current or expected financial difficulties of the borrower, which it would not have done if the borrower were solvent. The Group individually examined the expected solvency of borrowers who spent a longer period of time in the payment moratorium, the significance of the increase in credit risk, and decided whether to classify them as restructured, as well as decided on the stage classification. The Group did not consider the fact of involvement with the moratorium as an event that automatically triggers restructuring. Gross amount Impairment Net amount 31 December 2022 216 768 (31 949) 184 819 New restructured transactions 21 250 (3 179) 18 072 Changes in existing restructured loans 155 (649) (494) Derecognition 0 0 0 Decrease due to repayment (4 734) (439) (5 174) Decrease due to recovery (83 738) 3 252 (80 486) FX change (7 132) 1 198 (5 934) 31 December 2023 142 570 (31 766) 110 804 New restructured transactions 4 706 (760) 3 946 Changes in existing restructured loans (2 491) 114 (2 376) Decrease due to repayment (74) (1 328) (1 402) Decrease due to recovery (71 218) 3 837 (67 380) FX change 2 230 (2 173) 57 31 December 2024 75 725 (32 076) 43 649 There was no such contract modification that would have led to derecognition and re-recognition implying derecognition gain or loss.

e) Concentration of credit risk The below table includes the concentration of credit risk by industry on net carrying amount for customer loans. Loans and advances to customers 31.12.2024 Stage 1 Stage 2 Stage 3 POCI Total Financial services 568 773 161 460 3 725 186 734 144 Property development 61 676 296 581 601 382 359 240 Other services (local governments. healthcare, other services) 17 006 5 259 95 82 524 104 884 Construction (including motorway financing) 30 537 9 868 0 358 40 763 Industry 66 564 42 220 3 871 595 113 250 Agriculture 36 953 20 231 216 76 57 476 Transport, storage, post, telecoms 43 213 1 007 0 45 44 265 Trade 3 482 1 555 36 1 281 6 354 Accommodation, catering 3 732 9 465 2 339 42 15 578 Total 831 936 547 646 10 883 85 489 1 475 954 of which amortized cost 830 931 545 475 10 827 85 486 1 472 719 of which FVTPL 1 005 2 171 56 3 3 235 Loans and advances to customers 31.12.2023 Stage 1 Stage 2 Stage 3 POCI Total Financial services 439 596 125 710 6 091 34 571 431 Property development 41 438 243 570 5 898 80 290 986 Other services (local governments. healthcare, other services) 25 335 6 535 325 71 801 103 996 Construction (including motorway financing) 28 136 15 371 0 74 43 581 Industry 62 363 34 113 4 972 628 102 076 Agriculture 43 325 17 808 214 110 61 457 Transport, storage, post, telecoms 111 833 0 717 52 112 602 Trade 3 203 1 410 1 1 099 5 713 Accommodation, catering 5 209 6 669 0 14 11 892 Total 760 438 451 186 18 218 73 892 1 303 734 of which amortized cost 757 303 449 195 18 028 73 892 1 298 418 of which FVTPL 3 135 1 991 190 0 5 316

B. LIQUIDITY RISK a) Principles of liquidity risk management The Group’s principal objective is to carry out secure and established course of business and the prevention of liquidity issues which could threaten the Group to meet its obligations. The liquidity management is determined by the nature of the business, the strategy, the annual business plan, the legal regulations and the regulatory activities of National Bank of Hungary. Liquidity means the availability of necessary funds in time needed to meet the obligations. Liquidity demand arises when the obligations become due. Liquidity risk is the gap between in and outflows in different amount and time.

Regulation (EU) No 575/2013 of the European Parliament and of the Council (CRR) and Directive 2013/36 / EU (CRD IV) of 26th June 2013 have transposed the Basel III. Regulation into the European regulatory framework for credit institutions. The new requirements were introduced gradually, and 2019 was the first year that all requirements were fully met. At the same time, MFB Zrt. was exempted from the liquidity requirements, which is included in the MFB Act. The Group has significant amount of primary liquidity reserves in government securities and deposits with commercial banks, as well as other liquidity-providing Central Bank-eligible securities, therefore future cash outflows are continuously covered on the asset side. The Bank’s liquidity reserve: 31.12.2024 31.12.2023 Par value Fair value Free disposal Par value Fair value Free disposal Hungarian government bonds 51 020 47 609 45 820 70 257 67 200 65 057 Hungarian bank bonds 9 022 9 596 9 022 8 421 8 808 8 421 Hungarian discount bonds 0 0 0 0 0 0 Mortgage bonds issued by banks 7 764 7 325 7 764 7 785 7 385 7 785 Other Central Bank-eligible securities 302 260 261 950 134 260 304 960 282 616 136 960 Total 370 066 326 480 196 866 391 423 366 009 218 223 The members of the Group also had a significant amount of liquidity reserves, deposits of HUF 8.84 billion on 31st December 2024 (2023: HUF 11.24 billion) were placed with domestic credit institutions. The Group primarily manages liquidity risk in a preventive manner and strives to provide financing with a source that ensures the most suitable balance in terms of maturity, principal repayment and interest payment. The Group's fund-raising opportunities are favourable both at home and abroad. During the financial year, HUF and EUR interest rates decreased, which provided a favourable pricing opportunity to the fundraising operations. Cash flow statements are prepared at least monthly and which contain all banking book cash flow items and credit and investment directorates predicted cash flow transactions considering different scenarios. For continuous liquidity management a liquidity forecast is prepared monthly. The Bank specifies in an instruction in which instruments the members of the Group may invest their free liquidity and regulates the Group's credit institution exposures with bank limits. The members of the Group report their exposures to the Bank on a monthly basis, which is approved by the Bank's ALCO (Asset Liability Committee). Pursuant to Article 8 (2) of the MFB Act, the Bank does not apply the rules on liquidity ratios and liquidity requirements set out in Articles 411-428 of CRR.

The Group measures its liquidity risks in the following ways: • Quantification of dependence on large individual deposits; • Comprehensive cash flow, liquidity forecast; • Stress-test; • Survival analysis; • Quantification of liquidity ratios. The Group manages its liquidity risks as follows: • Where possible (market opportunities, pricing), using the most appropriate liabilities for the assets side; • Designation and operation of appropriate processes and rules; • Set up a limit system; • Establishment of liquidity reserves; • Effective asset-liability management; • Provision of data by members of the Group. Liquidity ratios and the results of stress testing confirmed that the short and long-term liquidity positions are adequate at all times, due to the significant amount of liquidity reserves and the funds involved during the year.

b) Remaining contractual maturities of financial liabilities Maturities on contractual (principal and interest), undiscounted cash flows of financial liabilities were as follows. The guarantees were classified in the first category irrespective of the actual maturity of the instrument. Similarly, the loan commitments were also classified in the first category as they can be drawn down at request. 31.12.2024 Carrying amount Gross nominal inflow/(outflow) Less than 1 month 1-3 months 3 months to 1 year 1-5 years More than 5 years Customer deposits 87 098 (98 259) (39 241) (155) (4 376) (14 904) (39 583) Loans from banks 1 215 189 (1 352 013) (64 045) (16 707) (52 952) (1 140 522) (77 787) Debt securities issued 1 685 316 (1 934 268) 0 (8 059) (422 623) (1 433 110) (70 476) Other financial liabilities 13 293 (13 291) (11 997) 0 0 (1 294) 0 Derivatives 685 (754) (197) (48) (122) (387) 0 inflow 61 157 72 0 218 0 outflow (61 354) (120) (122) (605) 0 Hedge derivatives 22 552 (16 460) 968 (3 204) (2 494) (11 730) 0 inflow 20 801 5 166 43 661 122 769 0 outflow (19 833) (8 370) (46 155) (134 499) 0 Total financial liabilities and derivatives 3 024 133 (3 415 045) (114 512) (28 173) (482 567) (2 601 947) (187 846) Guarantees 1 111 841 1 111 841 1 111 841 Capital commitments 149 466 149 466 0 78 060 55 862 15 544 0 Loan commitments 237 151 237 151 237 151 31.12.2023 Carrying amount Gross nominal inflow/(outflow) Less than 1 month 1-3 months 3 months to 1 year 1-5 years More than 5 years Customer deposits 110 936 (114 578) (83 902) (1 004) (3 547) (3 252) (22 873) Loans from banks 933 853 (968 509) (4 011) (16 828) (278 834) (550 488) (118 348) Debt securities issued 1 762 504 (2 025 385) 0 (1 920) (386 402) (1 526 038) (111 025) Other financial liabilities 12 059 (12 059) (12 059) 0 0 0 0 Derivatives 8 508 64 510 1 445 2 406 7 469 53 190 0 inflow 213 665 9 547 25 399 524 280 0 outflow (212 220) (7141) (17 930) (471 090) 0 Hedge derivatives 14 187 (15 055) 1 529 (3 286) (1 778) (11 520) 0 inflow 22 641 6 170 44 433 162 009 0 outflow (21 112) (9 456) (46 211) (173 529) 0 Total financial liabilities and derivatives 2 842 047 (3 071 076) (96 998) (20 632) (663 092) (2 038 108) (252 246) Guarantees 860 233 860 233 860 233 Capital commitments 153 932 153 932 9 714 79 018 56 616 8 584 0 Loan commitments 332 785 332 785 332 785 The Group is subject to additional HUF 351 816 million (2023: 312 296 million HUF) venture capital note payment obligation related to the equity consolidated associates that is payable as required by the investment plans.

C. MARKET RISKS Market risks are presented in the consolidated financial statements only for the Bank, because only the Bank has relevant exposure to market risk within the Group. The positions quantified accordingly, and their effects adequately reflect the market risk exposure of the Group as a whole. a) Currency risk management – basis of risk management The Bank has assets and liabilities, both on and off-balance sheet, denominated in various foreign currencies. Foreign exchange risk arises when the actual or forecasted assets in a foreign currency are either greater or less than the liabilities in that currency. The Bank manages the currency structure of assets and liabilities on and off-balance sheet, utilizing forward foreign exchange transactions and other hedging instruments. It is the policy of the Bank that it should not speculate in currencies and should only take currency positions within strict limits. The Board of Directors establishes and monitors specific regulations based on statutory and internal limits and approves the overall strategy. Compliance to these limits is regularly monitored. The Foreign Exchange Guarantee Frame Agreement (FX Agreement) between the Bank and the Hungarian Ministry of Finance was signed in 2004, the modification was signed with the Ministry for National Economy in 2014. This FX Agreement manages foreign exchange risks of the Bank’s foreign currency borrowings (EUR). Based on this FX Agreement at the final maturity of the borrowings or upon introduction of EUR as the official currency of Hungary the State compensates any foreign exchange loss incurred on these borrowings and the Bank is required to pay to the State the amount of realized foreign exchange gains on these transactions in instalments. The amount of receivables from the State according to the FX Agreement is presented in Note 14. Monthly stress tests quantify the impact of possible exchange rate movements (+/- 10% shift for EUR/HUF and EUR/USD). The net exposure of the Bank is the total exposure decreased by the exposure fall under the FX state guarantee frame. The open position was long for EUR, USD, CHF and GBP in 2024. Regarding the aggregate foreign exchange position, the weakening of the HUF would have a negative impact on the Bank’s earnings. The following table represents the Bank’s foreign exchange position in which the effect of the currency hedging contract with the Hungarian State has been already adjusted. 31.12.2024 Absolute value Net position EUR 7 585 7 585 USD 1 051 1 051 Other currencies 31 31 Total 8 667 8 667 31.12.2023 Absolute value Net position EUR 24 156 24 156 USD 7 401 (7 401) Other currencies 35 35 Total 31 592 16 790 According to the stress-tests, 10% change in HUF exchange rates in the worst direction would cause HUF 867 million (2023: HUF 3 159 million) decrease in the Bank’s foreign exchange income and thus the own equity as well.

The Bank is exempted from keeping the trading book and does not take speculative positions due to a strategic decision. Accordingly, market risks (foreign exchange and interest rate) arise from the banking book, i.e., the normal operation of the bank (lending, raising funds). The Bank limits the amount of open foreign currency position and interest rate risk exposure by limits. The Bank has set a limit of EUR 6 million for the foreign currency open position due to impairment/provision for foreign currency assets. If the amount of impairment/provision exceeds this limit, the Bank closes the position with a minimum of a market transaction equal to the amount of the overrun, provided that the total amount of the open position allows it.

b) Foreign exchange risk analysis of financial assets and liabilities 31.12.2024 HUF EUR USD Other Total Assets Cash, cash balances at central banks and other demand deposits 71 803 500 13 19 72 335 Financial assets held for trading 24 136 0 0 0 24 136 Non-trading financial assets mandatorily at fair value through profit or loss 571 052 235 562 0 0 806 614 Financial assets at fair value through other comprehensive income 35 485 17 384 307 0 53 176 Financial assets at amortized cost 1 249 876 851 980 23 947 0 2 125 803 Derivatives – Hedge accounting 7 810 0 0 0 7 810 Fair value changes of the hedged items in portfolio hedge of interest rate risk 0 12 580 0 0 12 580 Total financial assets 1 960 162 1 118 006 24 267 19 3 102 454 Investments in subsidiaries and associates 437 003 23 660 0 0 460 663 Property, plant and equipment 40 443 0 0 0 40 443 Intangible assets 7 843 0 0 0 7 843 Tax assets 506 0 0 0 506 Other assets 35 397 111 25 13 35 546 Receivables from the state due to currency- hedging agreement 190 120 0 0 0 190 120 Total assets (1) 2 671 474 1 141 777 24 292 32 3 837 575 Liabilities Financial liabilities held for trading 685 0 0 0 685 Financial liabilities at amortized cost 1 449 388 1 096 843 454 665 0 3 000 896 Derivatives – Hedge accounting 22 552 0 0 0 22 552 Total financial liabilities 1 472 625 1 096 843 454 665 0 3 024 133 Provisions 5 439 3 398 4 703 0 13 540 Tax liabilities 4 665 0 0 0 4 665 Other liabilities 29 182 2 953 40 1 32 176 Equity 762 605 456 0 0 763 061 Total liabilities and equity (2) 2 274 516 1 103 650 459 408 1 3 837 575 NET BALANCE SHEET POSITION (1) - (2) 396 958 38 127 (435 116) 31 (0) Derivative notional amounts (40 057) (382 899) 437 093 0 14 137 NET FOREIGN EXCHANGE POSITION 356 901 (344 772) 1 977 31 14 137 Impact of receivables from State due to currency-hedging agreement (397 422) 397 422 0 0 0 ADJUSTED NET FOREIGN EXCHANGE POSITION (40 521) 52 650 1 977 31 14 137

31.12.2023 Restated HUF EUR USD Other Total Assets Cash, cash balances at central banks and other demand deposits 402 636 1 531 25 25 404 217 Financial assets held for trading 2 715 0 0 0 2 715 Non-trading financial assets mandatorily at fair value through profit or loss 545 845 93 877 0 0 639 722 Financial assets at fair value through other comprehensive income 74 905 16 077 335 0 91 317 Financial assets at amortized cost 1 274 015 574 625 22 130 0 1 870 770 Derivatives – Hedge accounting 7 831 0 0 0 7 831 Fair value changes of the hedged items in portfolio hedge of interest rate risk 0 11 550 0 0 11 550 Total financial assets 2 307 947 697 660 22 490 25 3 028 122 Investments in subsidiaries and associates 234 901 97 587 0 0 332 488 Property, plant and equipment 40 156 0 0 0 40 156 Intangible assets 7 312 0 0 0 7 312 Tax assets 885 0 0 0 885 Other assets 26 522 119 65 12 26 718 Receivables from the state due to currency- hedging agreement 166 085 0 0 0 166 085 Total assets (1) 2 783 808 795 366 22 555 37 3 601 766 Liabilities Financial liabilities held for trading 8 508 0 0 0 8 508 Financial liabilities at amortized cost 1 338 921 1 072 116 408 315 0 2 819 352 Derivatives – Hedge accounting 14 187 0 0 0 14 187 Total financial liabilities 1 361 616 1 072 116 408 315 0 2 842 047 Provisions 1 396 1 706 3 244 0 6 346 Tax liabilities 4 012 0 0 0 4 012 Other liabilities 25 092 2 870 482 1 28 445 Equity 720 662 254 0 0 720 916 Total liabilities and equity (2) 2 112 778 1 076 946 412 041 1 3 601 766 NET BALANCE SHEET POSITION (1) - (2) 671 030 (281 580) (389 486) 36 0 Derivative notional amounts (375 837) (16 455) 382 554 0 (9 738) NET FOREIGN EXCHANGE POSITION 295 193 (298 035) (6 932) 36 (9 738 Impact of receivables from State due to currency-hedging agreement (377 220) 377 220 0 0 0 ADJUSTED NET FOREIGN EXCHANGE POSITION (82 027) 79 185 (6 932) 36 (9 738) The Bank manages foreign currency open positions (either short or long) within the strict limits approved by Asset Liability Committee.

c) Principles of interest rate risk management Interest rate risk is measured by the extent to which changes in market interest rates impact margins and net interest income. Gaps in the value of assets, liabilities and off-balance sheet instruments that mature or reprice during a given period generate interest rate risk. The Bank gives special attention to the preventive management of interest rate risk. The Bank’s objective is to harmonize loans and their resources already during the acquisition of funds regarding maturity, interest base and repricing periods to prevent significant repricing mismatches. The Bank does not undertake interest rate exposure for speculative purposes. If the interest of loans and fund of loans are in mismatches, the Bank concludes interest rate swap deals to ensure the proper closing of the position. Before signing an interest rate swap deal a detailed proposal is prepared for the Asset-Liability Committee which determines the parameters of the deal. The analysis of interest rate risk exposure is prepared on a monthly basis. Regularly prepared reports in connection with interest rate risk management are the following: • Repricing balance sheet concerning full-scale assets and liabilities.

• Calculation of BPV (Basis Point Value) and GAP • Stress-tests on interest rate risk exposure. • Stress-tests on the drastic changes of interest rates. • Measurement of applied interest bases in case of interest-bearing assets and liabilities. d) Interest rate risk analysis The interest rate risk analysis is presented only in relation to the Bank, as this risk is not relevant for the other members of the MFB Group. The performed interest rate risk reports and stress-tests indicate that the Bank’s exposure to interest rate risk according to market reference interest rates (EURIBOR, USD SOFR, BUBOR) is low, greater changes in market rates - in any direction – do not cause great negative effect on the Bank’s profit due to the repricing consonance. According to stress-tests, 1% change in BUBOR and 0.25% change in EURIBOR and 0.25% in SOFR – at the same time and in the same direction - causes approximately HUF 3 093 million effect (2023: HUF 1 945 million), while 3% change in BUBOR and 1% change in EURIBOR and 1% in SOFR causes approximately HUF 9 645 million effect (2023: HUF 5 287 million) on the Bank’s annual interest income (the effect is negative in case of interest rate increase, positive in case of interest rate decrease). The Bank assess the possible effects of interest rate changes – considering different direction and degree – on the value of the Bank’s portfolio and on the capital using BPV (basis point value) GAP on monthly basis. A 200-basis point increase in interest rates on interest-bearing assets and liabilities would have the following effect on the value of the Bank's capital, adjusted by revaluation band: 31.12.2024 1-30 days 31-90 days 91 days - 1 year 1 - 2 years 2 - 3 years 3 - 4 years 4 - 5 years over 5 years Total HUF 98 1 060 (180) 644 2 931 4 078 5 068 (30 342) (16 643) EUR 53 333 1 298 5 445 4 476 23 716 845 (51 294) (15 128) USD (1) (18) 137 (62) (72) 0 0 0 (16) 31.12.2023 1-30 days 31-90 days 91 days - 1 year 1 - 2 years 2 - 3 years 3 - 4 years 4 - 5 years over 5 years Total HUF 154 689 (504) 137 1 107 5 017 4 272 (39 966) (29 092) EUR (140) 352 2 868 7 521 7 905 5 520 27 534 (54 254) (2 695) USD (66) (15) (17) 173 (80) (82) 4 0 (82)

e) Market risk analysis From market risk point of view, it is important that the Bank is not licensed for investment services and does not undertake speculative positions. Trading position contains short-term government bonds and own foreign exchange exposures. The Bank is exempted from keeping a trading book and preparing reports. The Bank performs VAR analysis for the FX position by its market risk management system. In the VAR calculations, the short government securities stock as well as the total open book foreign exchange position of the Bank are included. The VAR position calculated from the portfolio concerning 99% confidence level and 10 days holding period shows a low value, it was 0.05% of the regulatory capital on 31st December 2024 (2023: 0.07%). This means that the probability of a HUF 285 million losses in the Bank’s FX position – concerning 10 days holding period – is only 1% on 31st December 2024 (2023: HUF 442 million). VAR position – 31 December 2024 Regulatory capital (million HUF): 633 752 Absolute risk indicators Interest Foreign exchange Diversification Total VAR expressed as a percentage of Regulatory capital Net asset value 0 8 668 0 8 668 Parametric VAR 0 285 0 285 0.05 VAR position – 31 December 2023 Regulatory capital (million HUF): 626 713 Absolute risk indicators Interest Foreign exchange Diversification Total VAR expressed as a percentage of Regulatory capital Net asset value 0 16 790 0 16 790 Parametric VAR 0 442 0 442 0.07

D. OPERATIONAL RISK Operational risk refers to the probability of losses caused by inappropriately designed or incorrectly executed business processes, internal errors induced by people carelessly or deliberately, intentionally executed external attacks against banking systems or operational processes, inappropriate operating of IT infrastructure, effects of external environment. The operational risk loss data are presented in the consolidated financial statement on a Bank only basis as among the MFB Group members the Bank has a structured operational risk management framework that ensures systematic identification and assessment of operational risks, elaboration and implementation of measures for mitigation of such risks. Framework of effective banking operational risk management is based on proper internal governance which ensures that risk management policies, internal regulatory documentation and systems remain effective in a constantly changing business and regulatory environment. For the above reason the Bank builds its operational risk management activity on the following principles: • Bank performs operational risk management in a decentralized way along central coordination. Operational risk management is coordinated by a designated colleague (OpRisk Coordinator) of

Strategic Risk Management Directorate within Risk Division; execution of operation risk management is responsibility of all areas of the Bank. • Bank complies with the solvency capital requirement calculation concerning operational risk (CRR) by using basic indicator methodology. According to this method the capital requirement for operational risk is 15% of the CRR’s benchmark indicator. • Bank follows a comprehensive operational risk management approach: o Fully identifies and measures the risk elements inherent in the processes, systems, human activities and external environment (collection and analysis of loss data, based on the Operational Risk Management Regulations). Operational risk management also covers the core business of the bank and other (non-score banking) activities. o Process-focused, focusing on identifying losses and process efficiency improvement activity. o Methodology is proactive, collects potential risks as well not only already occurred and registered losses. • Management of the Bank receives information on relevant operational risk management events in standalone form or as part of other management reports quarterly. • The Bank provides education and training to all employees annually to improve risk awareness, general risk sensitivity and disseminate specific operational risk management knowledge. • The framework provides a common model for group members (subsidiaries) in terms of definitions, identification, measurement, monitoring, management, and risk mitigation. • Bank maintains a separate database about operational risks and losses, which enables to fulfil its internal and external obligations concerning identification, measurement, analysis, evaluation, management, reporting, monitoring and capital requirement calculation and supervisory reporting. • Operational risk management responsibilities and related tasks are also reflected in the job descriptions of the OpRisk Coordinator and designated colleagues of all concerned areas of the Bank. The Bank meets the solvency capital requirement for operational risks according to the basic indicator method, according to which the Bank's operational risk capital requirement was HUF 9 162 million on 31st December 2024 (2023: HUF 7 467 million). The Bank's operational risk losses are much lower than this on an annual basis. In 2024, the Bank incurred a gross operating risk loss of HUF 52 million (2023: HUF 1.17 million).

E. CAPITAL MANAGEMENT According to Section 1 (7) of the MFB Act. the Bank applies the regulation No 575/2013 of the European Parliament and of the Council of 26th June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (CRR) in the respect of prudential requirements with the differences set out in MFB Act. The Bank’s share capital must be at least HUF 100 billion according to the MFB Act. Among the Group members only the Bank falls under the CRR regulations. The MFB Act. exempt the Group from consolidated supervision therefore consolidated adjusted capital and capital adequacy is not prepared. The data in this section is identical with the stand- alone Bank data. To maintain its current solvency and to be able to meet its liabilities, the Bank must, at all times, have appropriate levels of primary core capital (i.e., Tier 1 capital: 4.5%), core capital (6.0%) and full regulatory capital (8.0%). Tier 1 capital has to contain the capital maintenance buffer (2.5%) and from 1st July 2024 also the countercyclical capital buffer (0,5%) mentioned in local Banking law. As of July 2022, the Bank was exempted from the internal capital adequacy assessment procedure prescribed in § 97 of the CCXXXVII Act of 2013 on credit institutions and financial enterprises based on § 8 (2) of the MFB Act. However the Bank determines the need for additional capital, which is a part of the internal

capital adequacy assessment procedure and presents it to its management bodies. The Bank meets the required capital requirements, so the capital position is considered stable. According to the requirements of the CRR, credit institutions must have an adequate amount of own funds to cover the risk of the activity performed at all times to maintain their current solvency and meet their obligations. Together with the capital maintenance and countercyclical buffer, it must continuously maintain an adjusted core capital ratio of at least 7.5% and a total capital adequacy ratio of 11%, which the Bank continued to comply with. Compliance with capital adequacy regulations is monitored by the National Bank of Hungary. The Bank complied with the regulatory and prudential regulations and the limits. The capital adequacy ratio exceeded the minimum required ratio. The Bank informs the Board of Directors quarterly about the activities and changes in the capital during the period. The regulatory capital is calculated and the compliance with limits is examined on a monthly basis. 31.12.2024 31.12.2023 I. Calculation of Regulatory Capital Share capital 519 900 519 900 Share premium 81 870 81 870 Retained earnings 26 025 24 471 Accumulated other comprehensive income (559) (1 063) General reserve 1 931 1 292 Net result for the year 6 388 2 345 Common equity Tier 1 capital before deduction 635 555 628 815 Total amount of deducted item Intangible assets (1 800) (2 102) Insufficient coverage for non-performing exposures (3) 0 CET1 capital elements or deductions - other 0 0 Common equity Tier 1 Capital (CET1) 633 752 626 713 Additional Tier1 Capital (AT1) 0 0 Tier 1 Capital (Tier1 or. T1) 633 752 626 713 General risk reserve 0 0 Tax impact of general risk reserve 0 0 Tier 2 Capital (T2) 0 0 Regulatory Capital (T1+T2) 633 752 626 713 II. Calculation of Capital Requirement Total capital requirement for credit risk 333 206 298 034 Total capital requirement for exchange rate risk 693 1 619 Total capital requirement for operating risk 9 162 7 467 Total capital requirement for credit valuation adjustment 1 706 2 642 Total Capital Requirement 344 767 309 762 Risk weighted exposure 4 309 591 3 872 025 III. Capital adequacy ratio 14.71% 16.19%

F. FAIR VALUE To increase the consistency and comparability of the fair value measurement and related disclosures, IFRS 13 sets out a fair value hierarchy, categorizing the inputs applied at determination of the fair values into three levels. The Group applies the following fair value hierarchy: Level 1: The fair value of financial instruments is based on their quoted market price in active markets for identical instruments that are available for the Bank at the reporting date. Level 2: The fair value of financial instruments is based on directly or indirectly observable data other than the quoted market price. The followings can be used for the valuation: quoted market prices in active markets for similar instruments, quoted prices for identical or similar instruments in markets that are considered less than active, or other valuation techniques in which all significant inputs are directly or indirectly observable from market data. Where discounted cash flow techniques are used, estimated future cash flows are based on the Bank’s economic estimates and the discount rate is a market related rate at the reporting date for an instrument with similar terms and conditions. Where valuation models are used, inputs are based on market related measures at the reporting date. Level 3: The fair value of financial instruments is based on inputs other than observable market data. The valuation is based on quoted prices for similar instruments for which significant unobservable adjustments or assumptions are required to reflect differences between the instruments. The Group considers the fair value of its financial instruments to be level 1 if it was determined exclusively based on level 1 data. Level 2 category is applied when the measurement was based not only level 1 inputs, but no level 3 input, was required. When more fair values are available, the use of higher fair values hierarchy get priority, therefore if a security is primarily categorized as level 2, but level 1 data is also available the level 1 data will be applied automatically. Valuation techniques include net present value and discounted cash flow models, comparison with similar instruments for which observable market prices exist and other valuation models. Assumptions and inputs used in valuation techniques include risk-free and benchmark interest rates, credit spreads and other premia used in estimating discount rates, bond and equity prices, foreign currency exchange rates, equity and equity index prices and expected price volatilities and correlations. The objective of valuation techniques is to arrive at a fair value measurement that reflects the price that would be received to sell the asset or paid to transfer the liability in an orderly transaction between market participants at the measurement date. The Group uses widely recognized valuation models to determine the fair value of common and simple financial instruments, such as interest rate and currency swaps, that use only observable market data and require little management judgement and estimation. Observable prices or model inputs are usually available in the market for listed debt and equity securities, exchange-traded derivatives and simple OTC derivatives such as interest rate swaps. The availability of observable market prices and model inputs reduces the need for management judgement and estimation and also reduces the uncertainty associated with determining fair values. The availability of observable market prices and inputs varies depending on the products and markets and is prone to changes based on specific events and general conditions in the

financial markets

For more complex instruments, the Group uses proprietary valuation models, which are usually developed from recognized valuation models. Some or all the significant inputs into these models may not be observable in the market and may be derived from market prices or rates or estimated based on assumptions. Examples of instruments involving significant unobservable inputs include certain OTC structured derivatives, certain loans, securities for which there is no active market. Valuation models that employ significant unobservable inputs require a higher degree of management judgement and estimation in the determination of fair value. Management judgement and estimation are usually required for the selection of the appropriate valuation model to be used, determination of expected future cash flows on the financial instrument being valued, determination of the probability of counterparty default and prepayments, determination of expected volatilities and correlations and selection of appropriate discount rates. Fair value estimates obtained from models are adjusted for any other factors, such as liquidity risk or model uncertainties, to the extent that the Group believes that a third-party market participant would take them into account in pricing a transaction. Fair values reflect the credit risk of the instrument and include adjustments to take account of the credit risk of the Bank and the counterparty where appropriate. For measuring derivatives both credit valuation adjustment (CVA) and debit valuation adjustment (DVA) are taken into consideration when market participants would take this into consideration in pricing the derivatives. Model inputs and values are calibrated against historical data and published forecasts and where possible, against current or recent observed transactions in different instruments and against broker quotes. This calibration process is inherently subjective, and it yields ranges of possible inputs and estimates of fair value, and management uses judgement to select the most appropriate point in the range. The Group measures forward transactions (derivative transactions) and HUF loans to credit institutions at EURIBOR-based interest rates at fair value. As the Group does not provide investment services, it enters into forward transactions only with credit institution partners.

a) Financial instruments measured at fair value by the level of fair value hierarchy The following table analyses financial instruments measured at fair value at the reporting date by the level of the applied fair value hierarchy. The amounts are based on the values recognized in the statement of financial position. 31.12.2024 Level 1 Level 2 Level 3 Total FINANCIAL ASSETS Derivatives 24 136 24 136 Non-trading financial assets mandatorily at fair value through profit or loss 806 614 806 614 Debt securities 775 585 775 585 Loans to customers 3 235 3 235 Loans to banks 27 794 27 794 Financial assets at fair value through other comprehensive income 27 365 12 699 13 112 53 176 Equity instruments 12 699 13 112 25 811 Debt instruments 27 365 27 365 Derivatives – Hedge accounting 7 810 7 810 FINANCIAL LIABILITIES Derivatives 685 685 Derivatives – Hedge accounting 22 552 22 552 31.12.2023 Level 1 Level 2 Level 3 Total FINANCIAL ASSETS Derivatives 2 715 2 715 Non-trading financial assets mandatorily at fair value through profit or loss 639 722 639 722 Debt securities 603 156 603 156 Loans to customers 5 316 5 316 Loans to banks 31 250 31 250 Financial assets at fair value through other comprehensive income 51 054 24 928 15 335 91 317 Equity instruments 24 928 15 335 40 263 Debt instruments 51 054 51 054 Derivatives – Hedge accounting 7 831 7 831 FINANCIAL LIABILITIES Derivatives 8 508 8 508 Derivatives – Hedge accounting 14 187 14 187

The Bank uses the discounted future cash flows model for its derivatives that is adjusted by the credit risk of the counterparty (asset side) or the Bank’s own credit risk (liability side). The fair value of derivatives in hedge accounting is also calculated by using the same method. The underlying transactions in hedge accounting, the hedged item, are not reclassified into a fair value category, but remain in the amortized cost category.

Assets included in the „mandatorily at fair value through profit or loss” category are those failed on the SPPI test established by IFRS 9. The fair value of these items is determined based on the Group’s internal model, which considers the value of future cash flows and expected market yield surcharge when discounting. The Group calculates the fair value of loans based on the discounted expected cash flow and discounts the contractual (capital, interest, interest subsidy) or individually determined future expected cash flows with the current yield curve or reference rate flat, increased by the product-level spread. In case of collective valuation, all contractual cash flows are considered and discounted. In case of individual valuation, the calculation includes the total expected cash flow. The fair value calculation is performed only for the already disbursed part, therefore the undrawn amount does not affect the fair value calculated. The fair value of the venture capital investments in this category are determined based onthe net asset value attributable to the Bank, as defined in the Management policies. The main parameters of the plan performance model are fulfilment of placements, costs accounted for in the fund, expenses of financial operations / recognized impairment ratio, amount of exits, net asset value. Venture capital funds have no material liabilities and no other material assets.

For debt securities presented as financial instruments at fair value through other comprehensive income (formerly available for sale securities), the fair values are determined as the average of the best buy and sale price available publicly disclosed by Government debt management agency for the reporting date.

For the fair value determination of equity securities, the Group considers the expected return on the market, the marketability of the item, its mobilization (the supply and demand conditions and the available market prices, the proportion from the net equity of the investment) and the probability and magnitude of the loss. There was no transfer among the different fair value hierarchy categories.

b) Movement of financial assets categorized into level 3 31.12.2024 Customer loans Loans to banks Other equity instruments Debt securities Opening balance on 1st January 5 316 31 250 15 335 603 156 New disbursements/acquisition/capital increases 1 400 1 416 410 65 203 Reclassification from Associates or to exempted associates 202 68 214 Sales 0 0 (69) (14 390) Repayments (2 221) (4 928) Profit or loss during the year (980) 56 0 53 402 Fair value changes during the year accounted into OCI (1 132) Conversion from loans to other investments (280) 0 0 0 Other reclassification 0 0 (1 634) 0 Transfers from/to level 3. hierarchy category 0 0 0 0 Closing balance on 31st December 3 235 27 794 13 112 775 585 31.12.2023 Customer loans Loans to banks Other equity instruments Debt securities Opening balance on 1st January 6 459 31 359 13 795 369 647 New disbursements/acquisition/capital increases 1 797 1 864 1 009 215 053 Reclassification from Associates or to exempted associates 823 0 Sales (26) 0 (88) 0 Repayments (1 373) (1 948) Profit or loss during the year (1 056) (25) (26) 18 456 Fair value changes during the year accounted into OCI (464) Conversion from loans to other investments (485) 0 286 0 Other reclassification 0 0 0 0 Transfers from/to level 3. hierarchy category 0 0 0 0 Closing balance on 31st December 5 316 31 250 15 335 603 156 The Group used discounted cash flow model valuation technique to determine the fair value for customer and bank loans in level 3 category. The significant unobservable inputs applied were the probability of default and the individual credit spread of the given customer, by the way they do not significantly affect the fair value measurement. For equity instruments the Group applied discounted cash flow model for the expected net cash flow derived from the entity. Significant increase in any of the input parameters in isolation would result in lower fair values. In case of equity instruments increase in expected net cash flows would result in higher fair value.

c) Financial instruments not measured at fair value by the level of fair value hierarchy 31.12.2024 Level 1 Level 2 Level 3 Total Carrying value Cash. cash balances at central banks and other demand deposits 72 335 72 335 72 335 Financial asset at amortized cost 37 164 0 2 048 873 2 086 037 2 125 803 Debt securities 37 164 374 283 411 447 441 220 Hungarian government bonds 29 839 29 839 30 411 Corporate bonds 374 283 374 283 403 326 Mortgage bonds 7 325 7 325 7 483 Loans 1 646 358 1 646 358 1 656 348 Customer loans 1 463 459 1 463 459 1 472 719 General governments 55 259 55 259 55 153 Other financial corporations 343 024 343 024 336 135 Other non-financial corporations 903 432 903 432 911 013 Households 161 744 161 744 170 418 Loans to banks 182 899 182 899 183 629 Refinancing loans 0 0 0 Other loans 182 899 182 899 183 629 Other financial assets 1 647 1 647 1 647 Trade receivables 1 477 1 477 1 477 Margin accounts 170 170 170 Deposits at central and other banks 26 585 26 585 26 588 Central bank deposits 0 0 0 Other bank deposits 26 585 26 585 26 588 Financial liabilities at amortized cost 1 656 772 1 288 670 2 945 442 3 000 896 Customer deposits 73 728 73 728 87 098 Interbank deposits 34 952 34 952 34 957 Customer deposits (collateral behind loans) 34 020 34 020 47 254 Other customer deposits 4 756 4 756 4 887 Due from banks 1 201 649 1 201 649 1 215 189 Refinancing loans 152 959 152 959 178 095 Other loans taken 1 048 690 1 048 690 1 037 094 Debt securities issued 1 656 772 1 656 772 1 685 316 Listed HUF bonds 637 920 637 920 664 573 Listed CCY bonds 1 018 852 1 018 852 1 020 743 from this listed on foreign stock exchange 940 291 940 291 947 894 Other financial liabilities 13 293 13 293 13 293 Margin accounts 8 853 8 853 8 853 Creditors and other financial liabilities 2 860 2 860 2 860 Finance lease liabilities 1 580 1 580 1 580

31.12.2023 Level 1 Level 2 Level 3 Total Carrying value Cash. cash balances at central banks and other demand deposits 404 217 404 217 404 217 Financial asset at amortized cost 32 067 1 730 082 1 762 149 1 870 770 Debt securities 32 067 385 060 417 127 443 550 Hungarian government bonds 24 954 24 954 26 389 Corporate bonds 385 060 385 060 409 776 Mortgage bonds 7 113 7 113 7 385 Loans 1 294 511 1 294 511 1 376 709 Customer loans 1 220 968 1 220 968 1 298 418 General governments 68 404 68 404 64 609 Other financial corporations 297 438 297 438 303 990 Other non-financial corporations 735 501 735 501 791 450 Households 119 625 119 625 138 369 Loans to banks 73 543 73 543 78 291 Refinancing loans 0 0 0 Other loans 73 543 73 543 78 291 Other financial assets 23 510 23 510 23 510 Trade receivables 517 517 517 Margin accounts 22 993 22 993 22 993 Deposits at central and other banks 27 001 27 001 27 001 Central bank deposits 0 0 0 Other bank deposits 27 001 27 001 27 001 Financial liabilities at amortized cost 1 718 953 864 303 2 583 256 2 819 352 Customer deposits 101 304 101 304 110 936 Interbank deposits 37 358 37 358 37 365 Customer deposits (collateral behind loans) 16 965 16 965 26 321 Other customer deposits 46 981 46 981 47 250 Due from banks 750 940 750 940 933 853 Refinancing loans 146 850 146 850 201 519 Other loans taken 604 090 604 090 732 334 Debt securities issued 1 718 953 1 718 953 1 762 504 Listed HUF bonds 554 826 554 826 581 522 Listed CCY bonds 1 164 127 1 164 127 1 180 902 from this listed on foreign stock exchange 843 103 843 103 866 148 Other financial liabilities 12 059 12 059 12 059 Margin accounts 8 137 8 137 8 137 Creditors and other financial liabilities 2 522 2 522 2 522 Finance lease liabilities 1 400 1 400 1 400

The fair value of cash and cash equivalents and demand and short-term bank deposits was considered to be equal to the carrying amount at the reporting date.

Where available, the fair value of loans and advances is based on observable market transactions. Where observable market transactions are not available, fair value is estimated using valuation models, such as discounted cash flow techniques. Input into the valuation techniques includes expected lifetime credit losses, interest rates, prepayment rates and primary origination or secondary market spreads. For collateral-dependent impaired loans, the fair value is measured based on the value of the underlying collateral. Input into the models may include data from third party brokers based on OTC trading activity, and information obtained from other market participants, which includes observed primary and secondary transactions.

In case of purchased and issued debt securities measured at amortized cost, the fair value of the instrument is calculated based on the daily market closing rates available in the Inforex system. Where this information is not available, the securities are classified into level 2 or 3 fair value hierarchy and accordingly, discounted cash flow method is applied by using the current market yield curves. The fair value of issued bonds is determined based on data provided by market makers, however as there is no active market for these bonds therefore, they were categorized into level 2.

The fair value of deposits from banks and customers is estimated using discounted cash flow techniques, applying the rates that are offered for deposits of similar maturities and terms. The fair value of deposits payable on demand is the amount payable at the reporting date.

35. OFFSETTINGS The below tables include all repurchase agreements and all such derivatives where ISDA agreements allows the net settlements. Financial assets subject to offsetting and potential offsetting agreements – 31 December 2024 Gross carrying amount Amounts set off against financial liabilities Net carrying amount Potential effect of netting agreement not qualifying for offsetting in the Financial Position Statements Net amount after potential offsetting Financial instruments Cash collateral received Non-cash financial collateral received Derivatives 31 946 0 31 946 (8 853) 0 0 23 093 Repurchase agreements 0 0 0 0 0 0 0 Total 31 946 0 31 946 (8 853) 0 0 23 093 Financial liabilities subject to offsetting and potential offsetting agreements – 31 December 2024 Gross carrying amount Amounts set off against financial assets Net carrying amount Potential effect of netting agreement not qualifying for offsetting in the Financial Position Statements Net amount after potential offsetting Financial instruments Cash collateral given Non-cash financial collateral given Derivatives 23 237 0 23 237 (170) 0 0 23 067 Reverse repurchase agreements 0 0 0 0 0 0 0 Total 23 237 0 23 237 (170) 0 0 23 067

Financial assets subject to offsetting and potential offsetting agreements – 31 December 2023 Gross carrying amount Amounts set off against financial liabilities Net carrying amount Potential effect of netting agreement not qualifying for offsetting in the Financial Position Statements Net amount after potential offsetting Financial instruments Cash collateral received Non-cash financial collateral received Derivatives 10 546 0 10 546 (8 137) 0 0 2 409 Repurchase agreements 0 0 0 0 0 0 0 Total 10 546 0 10 546 (8 137) 0 0 2 409 Financial liabilities subject to offsetting and potential offsetting agreements – 31 December 2023 Gross carrying amount Amounts set off against financial assets Net carrying amount Potential effect of netting agreement not qualifying for offsetting in the Financial Position Statements Net amount after potential offsetting Financial instruments Cash collateral given Non-cash financial collateral given Derivatives 22 695 0 22 695 (74) 0 0 22 621 Reverse repurchase agreements 0 0 0 0 0 0 0 Total 22 695 0 22 695 (74) 0 0 22 621

36. MATURITY TABLE The following table shows the residual maturity breakdown of financial assets and liabilities. The guarantees were classified in the category „within a year”, irrespective of the actual maturity of the credit line holding period. The loan commitments were classified based on their actual maturity. 31.12.2024 31.12.2023 Within a year Over a year Total Within a year Over a year Total Financial Assets Cash, cash balances at central banks and other demand deposits 72 335 72 335 404 217 404 217 Financial assets held for trading 24 136 24 136 2 715 2 715 Non-trading financial assets mandatorily at fair value through profit or loss 2 875 803 739 806 614 1 110 638 612 639 722 Financial assets at fair value through other comprehensive income 5 450 47 726 53 176 25 057 66 260 91 317 Financial assets at amortized cost 231 152 1 894 651 2 125 803 233 714 1 637 055 1 870 769 Derivatives – Hedge accounting 7 810 7 810 7 831 7 831 Total Financial Assets 343 758 2 746 116 3 089 874 674 644 2 341 927 3 016 571 Financial Liabilities Financial liabilities held for trading 685 685 8 508 8 508 Financial liabilities at amortized cost 505 508 2 495 388 3 000 896 607 563 2 211 789 2 819 352 Derivatives – Hedge accounting 22 552 22 552 14 187 14 187 Total Financial Liabilities 528 745 2 495 388 3 024 133 630 258 2 211 789 2 842 047 Guarantees 1 111 841 1 111 841 860 233 860 233 Capital commitments 133 922 15 544 149 466 145 348 8 584 153 932 Loan commitments 195 311 41 841 237 152 306 254 26 531 332 785 The Group manages liquidity risk through liquidity reserves (Central Bank eligible securities) and liquidity GAP limits. It provides timely renewal and replacement of expiring funds.

MFB Hungarian Development Bank Private Limited Company and its subsidiaries Notes to Consolidated Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 151 37. EXERCISING OWNER’S RIGHTS The Bank exercises the owner’s rights in the name of the Hungarian State for state owned companies determined by the appendix 1. of the MFB Law and in venture capital funds determined by the decrees 8/2016. (IV.19.) and 64/2016. (XII.28.) of Ministry for National Development, furthermore 15/2022. (XII.6) of Ministry for Economic Development. Income and expenses arising from the management of State assets form the income and expenses, or financing income and expenses of the central budget. The Bank acts as an agent thus it is not allowed to sell the entities and is not entitled for any dividend (unless has its own investment in the entity) in this relationship. The companies and venture capital funds in which the Bank exercises the owner’s rights on 31st December 2024 and 2023 are the following: Name of the company / fund Activity State ownership Share capital 31.12.2024 31.12.2023 31.12.2024 31.12.2023 AJH Növekedési Kockázati Tőkealap Venture capital fund 69.99% 69.99% 4 286 4 286 Bonitás Kockázati Tőkealap Venture capital fund 69.23% 69.23% 6 500 6 500 Bonitás Kockázati Tőkealap II Venture capital fund 76.87% 76.87% 12 158 12 158 Capitalisatio Kockázati Tőkealap Venture capital fund 70,00% 70.00% 13 351 13 351 Conor Seed Capital Kockázati Tőkealap Venture capital fund 69.77% 69.77% 2 150 2 150 Core Venture Közös Magvető Kockázati Tőkealap Venture capital fund 69.93% 1 319 Core Venture Közös Növekedési Kockázati Tőkealap Venture capital fund 69.93% 69.93% 4 290 4 290 Diákhitel Központ Zártkörűen Működő Részvénytársaság Crediting 100.00% 100.00% 300 300 Finatech II. Kockázati Tőkealap Venture capital fund 70.00% 70.00% 13 351 13 351 Forte Kockázati Tőkealap Venture capital fund 70.00% 70.00% 3 617 3 617 GRAN III. Kockázati Tőkealap Venture capital fund 74.03% 74.03% 6 931 6 931 Kutatás-fejlesztési és Innovációs Állami Tőkealap Venture capital fund 100.00% 100.00% 30 000 30 000 Infokommunikációs Állami Tőkealap Venture capital fund 100.00% 100.00% 6 075 6 075 Innovation Europe Agrár Innovációs Magántőkealap (volt Green Europe Agrár Tőkealap) Capital fund 70.00% 70.00% 112 879 112 879 Morando Kockázati Tőkealap Venture capital fund 69.94% 6 506 OTP Kockázati Tőkealap I. Venture capital fund 55.88% 6 800 PBG FMC Tőkealap Venture capital fund 69.77% 69.77% 4 300 4 300 Perion 2013. Kockázati Tőkealap Venture capital fund 68.00% 3 884 Prosperitás Profit Közös Növekedési Kockázati Tőkealap Venture capital fund 69.98% 69.98% 6 430 6 430 Prosperitás Proseed Közös Magvető Kockázati Tőkealap Venture capital fund 69.77% 69.77% 2 150 2 150 Regionális Fejlesztési Holding Zártkörűen Működő Részvénytársaság Economy development activities 100.00% 100.00% 23 842 23 842 Solus I. Kockázati Tőkealap Venture capital fund 70.00% 70.00% 13 351 13 351

MFB Hungarian Development Bank Private Limited Company and its subsidiaries Notes to Consolidated Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 152 Name of the company / fund Activity State ownership Share capital 31.12.2024 31.12.2023 31.12.2024 31.12.2023 Solus II. Kockázati Tőkealap Venture capital fund 87.51% 87.51% 8 010 8 010 Takarék Kockázati Tőkealap I. Venture capital fund 76.92% 76.92% 12 150 12 150 Üzleti Infokommunikációs, Digitalizációs Tőkealap Venture capital fund 100,00% 100.00% 9 226 9 346 Valor Capital Közös Zártvégű Kockázati Tőkealap Venture capital fund 69.99% 69.99% 2 934 2 934 Venturio 2013. Kockázati Tőkealap Venture capital fund 68.00% 4 411 X-VENTURES ALPHA I. Kockázati Tőkealap Venture capital fund 70.00% 70.00% 2 492 2 492 X-Ventures Béta Kockázati Tőkealap Venture capital fund 69.77% 69.77% 3 280 3 280 Vespucci Capital I. Kockázati Tőkealap (volt X-Ventures Delta Kockázati Tőkealap) Venture capital fund 70.00% 70.00% 13 351 13 351 X-Ventures Gamma Kockázati Tőkealap Venture capital fund 70.00% 70.00% 13 351 13 351

38. EVENTS AFTER THE REPORTING PERIOD All adjusting events after the balance sheet date have been considered the preparation of the consolidated financial statements of the Group. There were no material events that occurred after the balance sheet date that would impact the Group’s consolidated financial statements.

MFB Hungarian Development Bank Private Limited Company’s annual consolidated management report for 2024

MFB’s annual consolidated management report for 2024 2 Table of contents Executive summary .................................................................................................................... 3 1. Operating conditions .............................................................................................................. 4 2. Business events in 2024 ......................................................................................................... 5 2.1. MFB Hungarian Development Bank Private Limited Company .................................... 5 2.2. Activities of the main companies included in the scope of consolidation ...................... 7 2.3. Key features of the internal audit and risk management systems of the corporate group .............................................................................................................................................. 10 3. Main features of the consolidated accounts ......................................................................... 11 3.1. Balance sheet total ......................................................................................................... 11 3.2. Shareholders’ equity...................................................................................................... 11 3.3. Net profit ....................................................................................................................... 12 3.4. Key indicators of MFB’s consolidated operations ........................................................ 13 4. The MFB Group’s strategic business policy concept for 2025 ............................................ 15 5. Other key processes .............................................................................................................. 16 6. Important events that have occurred since the balance sheet date ....................................... 16

MFB’s annual consolidated management report for 2024 3 Executive summary The MFB Hungarian Development Bank Private Limited Company (hereinafter: MFB Zrt., MFB, Bank) has prepared its management report containing consolidated data for 2024 in accordance with Act CXX of 2001 on the Capital Market and Decree 24/2008. (VIII. 15.) of the Ministry of Finance on the detailed rules of reporting on publicly traded securities. The purpose of the report is to allow MFB Zrt.’s governing bodies to learn the details of the operations and business processes of the Bank and its subsidiaries (“Group” or “MFB Group”) in the reporting period, and, based on balance sheet and income statement data, to gain an accurate picture of the Group’s financial management in 2024. MFB Zrt.’s performance in 2024 was defined by the task of re-launching the economy, the deterioration of the European economy, the weakening of the forint against the euro due to the general strengthening of the dollar, and the stalling of the domestic monetary easing cycle. In Hungary in 2024, falling inflation and interest rate cuts by the National Bank of Hungary also suppressed the level of loan interest rates, which led to a strengthening of credit demand with the revival of corporate investment intention. This is also confirmed by MFB’s company questionnaire surveys (MFB-INDIKÁTOR): by autumn 2024 the share of firms planning to raise some kind of external financing in the next 12 months rose from 21% in the previous year to 24%. To this end, the Bank continued to make new loan and capital placements in 2024 in an outstanding volume of over HUF 1,000 billion, following new commitments, guarantee provisions and placements of more than HUF 1,000 billion in the previous year. In 2024, businesses continued to benefit from a number of loan and capital programmes, individual loans and bonds, as well as guarantees complementing the lending activities, in order to fulfil their investment and working capital requirements, to address liquidity problems and ultimately to help the economy restart and regain stability. The Bank financed its business activity in the reporting year through new domestic bond issues and short and medium-term borrowing. MFB did not receive any capital contribution from its owner in the year under review; its total capital adequacy ratio fell to 14.71% by the end of 2024. Due to the negative effects on businesses of the deteriorating fragile economic environment caused by the economic stagnation accompanying the decrease in investments and the decline in industrial production, the Bank had to generate a larger amount of provisions in 2024 as well. As a result, the expected risk cost for 2024 reached HUF 30.2 billion, although MFB’s profit after tax is still positive. This was mainly due to higher dividend income, net commission and fee income and the modelled accounting profit of market funds valued at fair value compared to the previous year. The decisive task of 2024 was the implementation of the first phase of MFB and Diákhitel Zrt. (hereinafter: DHK) integration based on the Government's decision on the transformation of the institutional system of student loans, Founder's Resolution No. 93/2023 (XII. 21.) of the exerciser of owner’s rights and Government Decree No. 1/2012 (I. 20.) on the student loan system. The first phase was completed on 12 June 2024, and the tasks and the employees performing the tasks belonging to DHK Zrt. were outsourced to MFB. In summary, MFB group had another successful year in 2024. Business activity continued to show growth, with MFB group being available to businesses with loan, capital and guarantee products; meanwhile, its result increased considerably compared to the previous year. The first stage of the MFB- DHK integration was successfully completed, Diákhitel Központ Zrt. continues its credit activity undisturbed, at the usual level for the customer.

MFB’s annual consolidated management report for 2024 4 1. Operating conditions Macroeconomic factors In 2024 the Hungarian economy saw a 13.8% drop in the volume of capital investment year-on-year. While investment in machinery and equipment decreased by 13.0%, construction projects, which are more dependent on EU funds, fell by 14.6%. Investment in manufacturing, the largest contributor, decreased by 14.2% in 2024 (y/y), furthermore most of the branches of the services sector saw year-on- year declines, with only public administration (+37.9%), accommodation services, hospitality (+12.7%) and financial and insurance activities (+25.0%) showing year-on-year growth, however in the first two branches, the low base was also the determining reason for the growth. Gross corporate loans (HUF 13,134 billion in December 2024) increased by 4.6% (+HUF 587 billion) in 2024, which was significantly higher than the growth rate in the same period of 2023 (+4.0%). Overall, there was no lending turnaround in the corporate credit market, as the HUF 718 billion increase in foreign currency loans over 12 months was opposed by the HUF 239 billion decrease in the stock of HUF loans. The lending statistics are further worsened by the exchange rate effect: only about three quarters of the expansion of foreign currency loans came from transactions (HUF 519 billion), while a quarter came from the weakening of the forint and revaluations. MNB’s Monetary Council started its monetary easing cycle in October 2023 and suspended it in September 2024 as a result of the increasing pressure on the forint exchange rate, the base rate dropped from 10.75% at the beginning of the year to 6.50% in September and it did not change until the end of the year. Legislative changes with a significant bearing on the operations of the MFB Group The table below shows the year-end utilisation of the state guarantee and interest subsidy facilities approved for the Bank under Act LV of 2023 on the Central Budget of Hungary for 2024 and under the provisions of Government Decree 489/2023 (XI.2.) on the different rules of Act LV of 2023 on the Central Budget of Hungary for 2024 during the emergency period, in force since 1 August 2024: data in HUF million Limit Drawn down Available Fundraising limit 4,300,000 2,797,855 1,502,145 Loan financing, surety and guarantee limit 1,700,000 1,199,579 500,421 Exchange rate hedging agreement limit 2,000,000 1,477,809 522,191 Interest subsidy limit 700,000 38,989 661,011 In 2024, there were no significant legislative amendments affecting MFB Zrt., but at the same time, the legislation enacted in the framework of emergency legislation regarding the state(s) of emergency ordered by the Government (thus in particular regarding the freeze on reference and default interest rates) continued to affect the activities of MFB Zrt. Founder’s Resolutions The Minister for National Economy, who exercises shareholder rights over the Bank, has taken a number of important decisions concerning the Bank’s operations. In the year 2024, most of the Founders’ Resolutions adopted by the founders – acting within the scope of their duties and powers as defined in the Articles of Association – were related to the amendment of the Articles of Association, taking of business decisions, specifying deadlines for their completion and describing the method for verifying their implementation, as well as the recall and election of executive officers.

MFB’s annual consolidated management report for 2024 5 2. Business events in 2024 MFB is the lead credit institution of a company group in long-term state ownership that provides a complex range of services. The core of the companies included in the scope of consolidation consists of MFB’s strategic investments. The MFB Group (excluding MFB) included 7 companies or capital funds at the end of 2024. The combined (pre-consolidation) net earnings of the MFB Group in 2024 (without MFB) was a profit of HUF 19,358 million. The largest profit in 2024 was also achieved by MKK Zrt., which had an annual profit of HUF 15,728 million on an IFRS basis. The individual companies’ net earnings for the year, recognised for the purposes of consolidation and before adjustments, were as follows: HUF million 2024. 2023. Diff. MKK Zrt. (IFRS) 15,728 13,323 2,405 MFB Ingatlanfejlesztő Zrt. (HAS) 2,165 1,757 408 MFB Invest Zrt. (HAS) 3,466 686 2,780 Hiventures Zrt. (HAS) 437 591 (154) MFB Growth Investment Fund (HAS) (1,277) (4,161) 2,884 Fashion&Design Investment Capital Fund (HAS) (1,597) (656) (941) Debrecen City Capital Fund (HAS)* - (16) - Székesfehérvár City Capital Fund (HAS)* - (9) - Kaposvár City Capital Fund (HAS)* - (6) - Nyíregyháza City Capital Fund (HAS)* - (9) - Pécs City Capital Fund (HAS)* - (6) - Veszprém City Capital Fund (HAS)* - (6) - Fund of Rural Development (HAS)** - (3) - FOCUS VENTURES Ltd. (MFB Invest Equity Fund Management Ltd.) - 44 - MFB Corporate Investment and Transaction Private Fund 436 (1,849) 2,285 Total 19,358 9,680 9,677 * Included in the scope of consolidation until 31 January 2023 ** Included in the scope of consolidation until 31 October 2023 The core activities of the companies differ, and so we have highlighted the key aspects of the operations of the various members of the MFB Group individually below. 2.1. MFB Hungarian Development Bank Private Limited Company MFB was the dominant institution within the MFB Group in terms of both capitalisation and total assets. Business processes Lending, new guarantees In 2024 the Bank approved loan applications in a total value of HUF 385.8 billion, of which HUF 378.5 billion were loan applications approved for large individual transactions and HUF 7.3 billion for loan programmes.

MFB’s annual consolidated management report for 2024 6 In 2024, new loan disbursements amounted to HUF 484.8 billion; at the end of the year, the Bank’s total net loans portfolio amounted to nearly HUF 1,629.5 billion, up HUF 280 billion on year-end 2023 levels. New corporate bond underwriting shown under credit securities amounted to HUF 40.8 billion; while at the end of the year, the total net portfolio stood at HUF 397.5 billion. In 2024 the Bank granted its customers new guarantees and guarantee limits of HUF 288.2 billion; the year-end stock of guarantees and guarantee limits exceeded HUF 1,111.8 billion. Equity interests In 2024 MFB’s subscriptions of investment units in the various capital funds and thus its support for the capital placements made through these funds continued to be heavily represented among its direct investments. The main elements of capital increases in its own businesses and investment unit subscription commitments were the following: • Subscription of investment units in the capital funds in order to meet the capital increase commitments previously undertaken by MFB-funded Crisis capital funds. • Subscription, and commitments to subscribe, for capital fund units under the Gábor Baross Capital Programme. • Subscription of investment funds of real estate capital funds, and the subscription obligation undertaken. • Fulfilment of commitments previously made under MFB capital funds managed by Hiventures and Focus Ventures. • Commitment to increase capital and execute capital placements to finance the activities of MFB Invest Zrt. The Bank’s net equity interests portfolio grew by HUF 292 billion in 2024 1 , to HUF 1,329 billion, actual capital placements and investment-unit subscriptions amounted to nearly HUF 210 billion in 2024. EU funds management MFB was a fund management entity in the 2007-2013 programming period, and a Fund of Funds implementing entity in the 2014-2020 European Union programming period and in the 2021-2027 programming period, it plays the role of the organisation implementing the Holding Fund and the organisation implementing the Financial Instrument, and disposes over the available funds in its own name, but for the benefit of the Governing Authorities/National Authority operating under the control of the National Development Centre. Consequently, it maintains separate records of the funds of programming periods; these do not form part of the Bank’s balance sheet. The EU resource management tasks serving the economic development goals of the MFB play a decisive role in the Bank's activities, the stock of deployed EU financial instruments amounted to nearly HUF 590 billion at the end of 2024, a significant number of employees are engaged in the management of resources and the deployment of financial instruments. Therefore, the Bank views its EU resource management activities as a key intangible resource. In 2024, the Bank disbursed EU funds totalling HUF 2.7 billion through intermediaries related to the 2021-2027 programming period and the RRF. Resource management In 2024, MFB Zrt. raised medium and long-term external funds in the amount of HUF 612 billion. In terms of currency, the forint accounted for 57.1%, the euro for 42.9% of the funds. Bilateral bank loans represented 50.0%, domestic bonds 23.9% and institutional loans 13.8% and club loans 12.3% of the funds raised. 1 Also presented in this part of the balance sheet are the capital fund units recognised among Non-trading financial instruments mandatorily measured at fair value through profit or loss. The volume amount is consistent with the balance sheet numbers in section V of the report; the balance sheet is presented in detail in that section.

MFB’s annual consolidated management report for 2024 7 Financial management The Bank’s net interest income (HUF 1,148 million) was down on the previous year’s level due to the repricing of existing loans and the high interest expenses of newly raised funds, as well as due to the significant financing needs of non-interest-bearing assets. Net fee and commission income (HUF 5,378 million) came in higher than the previous year’s figure due to a larger guarantee portfolio, and dividend income (HUF 8,392 million) was also higher than in 2023. During the year, the accounting gain on market funds measured at fair value (HUF 39,682 million) was some of the larger items. The expenses of banking operations (HUF 19,082 million) increased in 2024, in line with the increase in business activity and due to the inflationary effect. The effect on profit of changes in impairment/provisions is higher (HUF 30,169 million) than in 2023, due to the increase in portfolio, and the model change, furthermore, the prolonged economic crisis. The Bank spent HUF 1,881 million on bank-operation investments in 2024. These capital investments were aimed at ensuring the necessary infrastructure, implementing developments required for performing the requisite range of tasks, and at replacing obsolete cars and equipment. MFB-DHK integration Based on the decision of the Government and the Founder, in 2024 MFB took over the DHK's tasks and a significant part of its employees. In order to exploit the synergy, some tasks that currently belong to DHK Zrt. and the employees performing these tasks will be outsourced to MFB, which induces an increase in costs at MFB Zrt. Part of the cost increase is accounted for by the Bank as income in the framework of a service fee or cost transfer. Summary The Bank’s activities in 2024 were largely determined by its response to the emerging overall economic crisis, and the measures taken to maintain economic stability and to re-launch the economy. In 2024, the Bank provided significant funds to businesses to mitigate the economic damage and to expand investments to support economic growth. Accordingly, the balance sheet total increased in line with the expansion of the loan and investment portfolio. In addition, one of the key goals of the Bank in 2024 was to ensure the optimal and rational use of state assets, and in 2024 the Bank realised a profit after tax of HUF 6.4 billion. 2024 was the third year of implementation of the Bank’s medium-term strategy for 2022-2030. In the medium-term strategy, the Bank anticipated new commitments of HUF 1,600 billion up to 2025 and a further commitment of HUF 3,600 billion between 2025 and 2030. The commitment to be met by 2025 was already fulfilled by the Bank by the end of 2023, therefore, in 2024, the Bank revised its business strategy and its strategic objectives for the new commitments included in it. The revised business strategy is expected to be approved by the exerciser of ownership rights in 2025. Based on MFB’s latest company questionnaire survey (MFB-INDIKÁTOR) conducted at the end of 2024, the Hungarian economy has an unmet lending gap of around HUF 534 billion (including investment loans, working capital loans and overdraft facilities). The size of the gap measured in the investment credit market, which is a priority area for monitoring, is estimated at HUF 406 billion, the gradual filling of which is a justifiable task, in line with EU principles as well. 2.2. Activities of the main companies included in the scope of consolidation As of 31 December 2024, the key information relating to the subsidiaries included in the scope of consolidation was as follows:

MFB’s annual consolidated management report for 2024 8 MKK Magyar Követeléskezelő Zrt. The management of retail-customer debt and of other, proprietary receivables continues to be predominant within the Company’s business activity, and within this, its main activities include the management of tax and contribution claims purchased from the tax authority (in a decreasing extent in line with the depletion of the portfolio), workout activity, brokerage activity and factoring. The Company’s operations continued undisturbed in 2024, and its liquidity position remained stable. It also retained its market presence and share during the year. In 2024, the company continued to purchase secured and unsecured claims and to manage Széchenyi credit card type receivables. In 2024, the bank derived the majority of its revenues from its core business, in particular yields on and revenues from secured and unsecured individual claims. MKK Zrt.'s after-tax profit for the year 2024 under IFRS is HUF 15,728 million. MFB Invest Befektetési és Vagyonkezelő Zrt. The company’s activities include the financing of development projects for medium and large companies. It carries out its activities directly, through individual investments, or indirectly, through investments in capital funds. In accordance with Government Decision 1512/2022 (X.24.) on the restructuring of the operating structure of state-backed capital funds, NTH Nemzeti Tőkeholding Zártkörűen Működő Részvénytársaság, designated as the central actor of the new structure, acquired ownership interest in MFB Invest Zrt. by acquiring 1 preference share in December 2022. According to the new operating model, from 2023 onwards, MFB Invest Zrt. will exercise the investor rights related to the investment units owned by the Bank (among other tasks) and will liaise with the actors involved in state-owned capital funds, based on an agreement with the Bank. The company’s placements amounted to HUF 55,328 million in 2024, as a result of which net long-term (invested) assets increased by HUF 245,520 million, or more than 33%, compared to 2023. Within the placements of 2024, a significant portion is accounted for by investments in capital funds managed by market-based fund managers as part of its fund-of-funds activity (HUF 54.7 billion – 99% of the placements of the reporting year). The Company participated as an investor in the creation of a number of new capital funds implemented by external fund managers in 2024, where the resources provided by MFB Invest Zrt. were supplemented with market-based funding, thus providing a more substantial financing opportunity for businesses implementing developments – typically SMEs. The company's after-tax profit for 2024 is HUF 3,466 million. Hiventures Kockázati Tőkealap-kezelő Zrt. The main objective of the strategy adopted by the MFB Group member Hiventures Kockázati Tőkealap- kezelő Zrt. for 2017-2021 was to build a venture capital fund management company that is able to provide venture capital investment from the incubation to the growth phase, using EU funds and MFB Zrt.'s own resources, thus contributing to the long-term growth of the national economy. Over the years, the Fund Manager’s activities have expanded significantly, first opening up to the traditional SME sector, then to large corporates, in the equity financing sector, helping to alleviate the shortage of private equity in the business sector compared to the EU average. In the wake of the COVID-19 crisis, to the provision of rescue financing to distressed economic operators. Hiventures Zrt., operating as a subsidiary of MFB Invest Zrt., is responsible for the management of the MFB Growth Capital Fund and the MFB Corporate, Investment and Transaction Private Equity Fund created through direct investment by the Bank, the Fashion&Design Capital Fund created through investment by MFB Invest Zrt., the EU capital funds (the State Capital Fund for Research, Development and Innovation – KFI, the Information and Communication Capital Fund – IKT, and the Digitalisation Capital Fund – DTA), as well as the Hungarian-American Private Equity Fund. In 2024, despite the declining portfolio the company’s fee income increased, while its operating expenses decreased by HUF 310 million, resulting in an after-tax profit of HUF 437 million.

MFB’s annual consolidated management report for 2024 9 MFB Corporate Investment and Transaction Private Equity Fund The MFB VBTMA fund has share capital of HUF 75 billion, and the following target markets can be considered as the target group: (i) Generational change – to provide an opportunity to ensure that family businesses affected by generational change, but which cannot be resolved by succession within the family, are sold in an orderly manner to the management of the company concerned or to external managements or investors, while preserving the viability of these companies. (ii) Transaction focus – to provide the opportunity to be an investment partner in corporate and real estate transactions, thereby facilitating acquisitions, successful corporate mergers or real estate transactions that substantially contribute to the domestic growth and the expansion of businesses – SMEs and large companies – abroad. (iii) Economic development – to provide capital financing for investments that, for whatever reason, cannot be financed solely through equity and debt, but are important from the aspect of the domestic economy (e.g. climate change, health, green energy, digitalisation, infrastructure). (iv) Restructuring – to provide equity financing to businesses – SMEs and large companies – that were previously prospering but are now temporarily in financial difficulty, in order to help them get back on a growth path. (v) SME and Company Rescue Capital Programme – to provide rapid (within 30 days) capital financing to businesses that are experiencing financial difficulties as a result of the economic situation caused by the coronavirus but are essentially profitable and viable firms with insufficient or no access to loan or other financing. As from October 2022, the previously established KKVPRO and InvestPRO businesses have been merged. The company's after-tax profit for 2024 is HUF 436 million. The management of the fund was transferred from Hiventures Zrt. to Focus Ventures Zrt. on 1 May 2024. Fashion & Design Capital Fund The aim of the Fashion & Design Capital Fund, which was launched in September 2019 with funding of HUF 5 billion, is to finance start-ups or young innovative companies with high growth potential in the fashion and design sector that, through the capital support, can create innovative products or services by implementing their ideas and refining prototypes that can then be taken to the international market. Through the new fund, the Hungarian economy and Hiventures will open up towards an industry in which there are substantial opportunities for innovation and digital transformation, as well as for launching new clothing products and fashion accessories. To this end, as a first step, Hiventures entered into a strategic cooperation agreement with the Hungarian Fashion & Design Agency in 2019. The loss of the Capital Fund in 2024 was HUF 1,597 million. MFB Growth Capital Fund In terms of development stages, the Capital Fund finances micro, small and medium-sized enterprises (and in some cases, large companies) that are at the start of the development and financing chain. Hiventures can make investments in three main phases within this framework, namely: • pre-seed investments: the pre-seed phase is where visions at the idea stage are given business substance, and the idea owners are prepared to raise capital later; • seed investments: the seed phase is where a significant part of product development takes place and, in some cases, where market validation begins; and • growth investments: this is the stage when a product is launched to the market or its sales are increased, or new markets are entered. In terms of investment focus, the MFB Growth Capital Fund takes an industry-flexible approach and thus has a broad industry focus, primarily aiming to build a portfolio of companies that mainly develop and sell innovative products and services. In terms of geographical focus, all regions of Hungary are

MFB’s annual consolidated management report for 2024 10 eligible for funding, with the proviso that, in the case of investment in a foreign-based company, the resources made available must be used or benefited from domestically. The loss of the Capital Fund in 2024 was HUF 1,277 million. MFB-Ingatlanfejlesztő Zrt. During the reporting period, the Company operated as the real estate competence centre of the MFB Group. As part of this, it performed the banking group’s property management, development, utilisation and sales tasks, but under its new strategy from 2022, it also completed market-based purchases of properties that were consistent with its existing activities and portfolio (e.g. office buildings), which allowed it to stabilise its profit-generating capacity. In 2023, the company continued to perform facilities management and utilisation tasks in respect of the properties taken over from the members of the MFB Group and those in its portfolio. The Company’s after-tax profit for the year 2024 was a profit of HUF 2,165 million. 2.3. Key features of the internal audit and risk management systems of the corporate group According to Section 134 (3) of the Accounting Act relating to consolidated management reports, if the negotiable securities of a company included in consolidation have been admitted for trading on a regulated market of any country of the European Economic Area, it must include in the consolidated management report a description of the main features of the corporate group’s internal audit and risk management systems in connection with the preparation of the consolidated annual accounts. Given the fact that the bonds issued by MFB Hungarian Development Bank Private Limited Company had been admitted for trading on the Stock Exchange, we present below the main features of the corporate group’s internal audit and risk management systems in connection with the preparation of the consolidated annual accounts: • MFB’s companies included in the consolidation circle are consolidated on the basis of reporting packages containing Hungarian annual accounts and IFRS adjustments audited by independent statutory auditors and, in the case of subsidiaries newly added to the consolidation circle, on the basis of a “purchase price allocation” (PPA) valuation prepared by an independent consultancy firm. • In its consolidation accounting policy, MFB specifies the deadlines and the contents of the consolidation data reports. • MFB decides on the business policy and business plans of the companies belonging to the MFB Group and approves the founder’s resolutions and general meeting mandates relating to these companies, including the election of the senior executives, supervisory board members, and the companies’ chief executive officers. • MFB delegates a representative to the Supervisory Board and Board of Directors of all the consolidated companies. • MFB’s Internal Audit Directorate may audit the members of MFB Group on the basis of the annual audit plan approved by MFB’s Supervisory Board. In order to ensure the consistent quality of internal audit within the Group, the Bank applies a group-wide policy that sets out the internal control processes and the methodologies to be applied and assures the independence of the internal audit function within the organisation. • In accordance with Section 8 (2) of the MFB Act, MFB is exempt from the requirements relating to consolidated supervision. At the same time, MFB lays down, in Board directives, specific rules on group-level risk taking, which contain guidance for the risk management activities of the MFB Group in respect of lending, market and operational risk. The members of the MFB Group have integrated the provisions of the group-level rules into their own regulations. • MFB exercises monitoring activity in respect of the members of the MFB Group through monthly and quarterly reporting.

MFB’s annual consolidated management report for 2024 11 The risk management policy of the MFB Group, the hedging policy, and the price, credit, interest rate, liquidity and cash flow risks are described in detail in Note 34 of the consolidated statements. 3. Main features of the consolidated accounts MFB’s consolidated annual accounts for the year 2024 contain the following key data in accordance with international accounting standards: • The consolidated balance sheet total was HUF 3,837,575 million as of 31 December 2024. • The value of consolidated shareholders’ equity amounted to HUF 763,061 million at the end of 2024. • Consolidated net profit for the year 2024 was HUF 43,586 million. The explanations for the significant quantifiable features of the consolidated accounts are as follows: 3.1. Balance sheet total In 2024 the group-level balance sheet total amounted to HUF 3,838 billion, which is 6% more than the 2023 figure. During the year, the increased balance sheet total was mainly due to an increase in lending activity, as well as capital placements and subscriptions for investment units, which can be attributed to the activities of MFB, the parent company. MFB’s HUF 3,792 billion balance sheet total represents 99% of the group’s balance sheet total. 3.2. Shareholders’ equity Consolidated equity is 5% higher than in 2023: due to the consolidated result for 2024, the retained earnings portion of equity has increased significantly. The capitalisation of the group provides sufficient funding for operations and assures the secure discharge of tasks.

MFB’s annual consolidated management report for 2024 12 3.3. Net profit MFB’s non-consolidated 2024 profit after tax for the year under international accounting standards was HUF 6,388 million. Considering the changes due to consolidation, MFB's consolidated profit after tax for 2024 increased to HUF 43,586 million, which is mainly related to the results of associates in 2024. The changes in the consolidated profit figures are summarised in the following table: HUF million, % 2024. 2023. Index Net interest and commission income 19,537 29,606 66% Dividend income 1,254 946 133% Gains or (-) losses on financial instruments and liabilities held for trading 27,947 (6,420) -435% Gains or (-) losses on non-trading financial instruments measured at fair value to profit or loss 39,764 21,128 188% Exchange rate difference, profit or (-) loss (19,906) 5,841 -341% Other operating income 17,016 12,116 140% General and administrative costs (32,523) (27,931) 116% Other operating expenses (15,740) (14,973) 105% Modification gain or (-) loss (271) (3,230) 8% Impact of impairment losses / provisions (16,601) 1,838 -903% Share of profits or (-) losses on investments in joint ventures and associated companies valued using the capital method 26,042 12,390 210% Fees and taxes (2,933) (2,694) 109% Profit after tax 43,586 28,617 152% MFB's consolidated profit after tax for the current year was HUF 43,586 million, which is significantly more favourable than in 2023. Compared to the previous year, there were significant changes in the following items: • The Bank’s net interest income (HUF 1,148 million) was down from the previous year’s level partly due to the repricing of existing loans and the high interest expenses of newly raised funds, as well as a result of capital placement arising from the current year's activities, as the non-interest-bearing asset portfolio expanded significantly, the Bank realised lower interest income from the placement of free liquidity surplus than in the previous year. • Dividend income is higher than in 2023, mainly due to the higher dividend received by MFB Invest. • The profit from financial instruments and liabilities held for trading purposes is significantly higher than in the previous year, mainly due to derivatives, but the exchange rate effect related to these

MFB’s annual consolidated management report for 2024 13 instruments is of a similar magnitude but with the opposite sign, appears as a loss on the exchange rate difference, gain or (-) loss line. • Gains or on non-trading financial instruments measured at fair value is higher than in 2023. The surplus profit is primarily due to the accounting gain related to the market funds of MFB Bank measured at fair value. • Most of the increase in other operating income is made up of the reimbursement of expenses related to the management of EU funds, which is higher than in 2023. In 2024, the Bank performed its EU fund management tasks with higher number of FTEs (Full Time Equivalent) as in the previous year, meaning that the reimbursement of personnel costs increased in parallel with the increase in the number of employees and salaries. • The amount of overhead and administrative expenses exceeds the value of the previous year, much of the increase can be attributed to the Bank. Employee-related costs increased primarily due to the DHK integration and the inflation-adjusted wage increase, while material costs were driven up by utilities, IT and communication costs, as well as expert costs. • Among other operating expenses, the larger items are the special bank tax, the banking supervision fee and the extra profit tax, the total amount of which was like that of 2023. • The modification loss is significantly less, because the interest rate freeze was cancelled on 1 April 2024, while in 2023 the Bank had to account for such losses after the entire year. • The impact of impairment losses and provisions on the overall profit is less favourable than in 2023, for which the Bank was mainly responsible. Several impairment losses due to the economic crisis, the impairment model change and the general increase in activity were recognised in 2024. • Returns on investments in joint ventures and associates valued using the equity method are higher than in 2023, driven by higher returns on associate funds. • Taxes include corporate tax, local business tax, and innovation contribution elements, which total amount is slightly higher than last year, due to the higher pre-tax profit. 3.4. Key indicators of MFB’s consolidated operations Financial indicators HUF million, % ROA 2024 2023 Index 1. Net profit 43,586 28,617 152.31% 2. Balance sheet total 3,837,575 3,605,243 106.44% 3.=1/2 Return on assets (ROA) 1.14% 0.79% 143.09% HUF million, % ROE 2024 2023 Index 1. Net profit 43,586 28,617 152.31% 2. Shareholders’ equity 763,061 724,393 105.34% 3.=1/2 7,45% 5.71% 3.95% 144.59% The value of the ROA ratio improved because the profit increased by more than the expanding balance sheet total due to lending activity compared to 2023. The value of the ROE ratio also became more favourable, because the positive impact of the higher profit on the indicator was only partially offset by the higher equity due to the profit for the current year.

MFB’s annual consolidated management report for 2024 14 HUF million, % Cost / income 2024 2023 Index 1. Operating expenses 48,534 46,134 105.20% 2. Operating income 85,612 63,217 135.43% 3.=1/2 Cost/income ratio 56.69% 72.99% 77.67% Expenses increased due to inflation, while significant increase in operating income is primarily related to the fair value gain on MFB Bank fund units. The value of the indicator has improved compared to 2023. HUF million, % Liquid assets 2024 2023 Index 1. Liquid assets (cash, MNB deposits, and other sight deposits) 98,923 431,218 22.94% 2. Total assets 3,837,575 3,605,243 106.44% 3.=1/2 Liquid assets ratio 2.58% 11.96% 21.55% The ratio of government securities and interbank items (together: liquid assets) to total assets is higher than in the base period. This is because the growth rate of liquid assets exceeded the rate of asset growth, as the Bank raised more funds before use to fulfil planned larger disbursements, which temporarily increased central bank deposits at the end of 2023. HUF million, % Leverage 2024 2023 Index 1. Balance sheet total 3,837,575 3,605,243 106.44% 2. Shareholders’ equity 763,061 724,393 105.34% 3.=1/2 Leverage indicator 5.03 4.98 101.05% As the balance sheet total and equity increased at approximately the same rate during the year, the Bank's consolidated leverage ratio hardly changed compared to 2023. The Group has sufficient capital value at a consolidated level to safely perform its operations. Non-financial indicators persons, % Headcount 2024 2023 Index 1. Closing headcount 928 832 111.61% 2. Average headcount 848.9 816.7 103.94% The total number of employees was 928 at the end of 2024. Due to the MFB-DHK integration, both the closing and average headcount increased significantly, which was only partially offset by the decrease in Hiventures. The latter is due to the transfer of several funds from Hiventures to Focus Ventures, which also involved the transfer of part of the workforce. no., HUF billion, % Announced MFB (sub)programmes 2024 2023 Index 1. MFB programmes (no.) 3 4 75.0% 2. Total programme funds (HUF billion) 161 109 147.7%

MFB’s annual consolidated management report for 2024 15 At the end of 2024, the following three loan programmes funded by MFB Zrt. were available: ▪ MFB Széchenyi Microcredit Refinancing Programme 2.0 announced for refinancing the Széchenyi Microcredit MAX and MAX+ scheme of KAVOSZ Zrt. (announced budget: HUF 80 billion) ▪ The MFB Energy Efficiency Loan Programme for Businesses was announced on 29 December 2023; the effective date of the product documentation is 8 January 2024. (announced budget: EUR 100 million) ▪ The MFB PVRK Current Asset Loan Programme can be applied for from 19 November 2024 (announced budget: HUF 40 billion) In addition, on 11 December 2024, the Bank joined KAVOSZ Zrt. as a distributor for the Széchenyi Restart Investment Loan MAX+, Agri Széchenyi Restart Investment Loan MAX+ and Széchenyi Restart Liquidity Loan MAX+ schemes. ▪ Thus, together with these, businesses can apply for financing in six own-funded schemes. no., HUF billion, % Announced EU and RRF- funded programmes 2024 1. EU programmes (no.) 4 2. RRF programmes (no.) 2 3. Total EU programme funds (HUF billion) 336.5 4. Total EU programme funds (HUF billion) 153.1 In the 2021-2027 EU cycle, MFB, as an organisation implementing the Holding Fund, is involved in the implementation of 4 different cohesion-funded operational programmes (GINOP Plusz, DIMOP Plusz, KEHOP Plusz, TOP Plusz) as well as financial instruments announced with RRF funds. To date, the loan programmes listed in the table below have been announced, based on the annual development frameworks (ADF). 4. The MFB Group’s strategic business policy concept for 2025 The core mission of MFB Group is to support domestic economic development, address market failures and provide market players with financing under favourable terms and conditions that enable investments and development projects. The activities of MFB group as a development bank group will continue to complement the operations of the Hungarian banking sector in 2025 through the Bank’s involvement in financing transactions that would not take place on a market basis but that are desirable for the national economy. Based on the representative MFB-INDIKÁTOR questionnaire survey conducted among businesses in autumn 2024, the Hungarian economy has an unmet lending gap of around HUF 530 billion (including investment loans, working capital loans and overdraft facilities), which offers reasonable returns. The size of the gap measured in the investment credit market, which is a priority area for monitoring, is estimated at HUF 410 billion, the gradual filling of which is a justifiable task, in line with EU principles as well. MFB Zrt. sees 2025 as the year of financial stability and maintained activity, and its goal is to maintain the financing of the economy by providing the necessary funding, ensuring a stable background for businesses. The most important objectives for 2025: • Economic development: the aim is to support the relaunch of economic growth, provide funding to address economic imbalances/deficiencies and take over part of the credit and capital risks from the market. • EU funds management: To complete and accelerate EU disbursements, with a total of nearly HUF 90 billion in new disbursements under the RRF and the 2021-27 programming cycle

MFB’s annual consolidated management report for 2024 16 • MFB-funded business activity: To continue to expand MFB-funded placements in 2025 a total of HUF 986 billion in new disbursements, of which HUF 352 billion in new loan placements, HUF 102 billion in new guarantees provided and HUF 532 billion in new capital injections. • Stable banking operations: To ensure the stability of the outstanding stock following the significant new commitments of over HUF 5,000 billion in the previous years. • DHK integration, phase II: Continuation of expert work within the framework of the transformation of the operation of the student and training loan system, implementation of the second phase following the government decision. • Creating sustainable profitability: Implement measures to achieve medium-term profitability (increasing the stock of interest-bearing assets, thus strengthening the retention of market status, sustainability, green transition). • The goal is to maintain the stability of the Hungarian economy in the face of global financial and economic difficulties, to facilitate the financing of businesses, and to ensure the continued availability of loan, guarantee and capital financing. Nevertheless, in 2025 the Bank must continue to allow for financial and business risks which may affect the fulfilment of the plan, including prolonged war, financial market volatility, resource scarcity, the performance of the subsidiary portfolio, the timely implementation of capital fund placements, and the challenges of channel and product renewal. Managing these risks will remain a key task in the future. 5. Other key processes Sustainability Report (ESG) Pursuant to Act C of 2000 on Accounting, the Bank is not obliged to prepare an individual sustainability report for the 2024 business year. The Bank prepares its consolidated Sustainability Report for the business year 2024 as an appendix to the management report but publishes it as a separate document on its website. The sustainability report includes, among other things, the Group's employment policy and environmental activities. The following Companies have branch sites: • MKK Zrt. – business address, as per the Articles of Association: 1138 Budapest, Madarász Viktor u. 47-49. • MFB-Ingatlanfejlesztő Zrt. – The Company’s business sites: • 1135 Budapest, Szegedi út 35-37. • 1134 Budapest, Dózsa György út 128-130. – The Company’s branch offices: • 2800 Tatabánya, Bárdos László u. 2. • 9970 Szentgotthárd, Füzesi út 3/b. • 2700 Cegléd, Fürdő utca 24. • 3100 Salgótarján, Kassai sor 6. • 3100 Salgótarján, Alkotmány út 18. fszt. • 3100 Salgótarján, Alkotmány út 18. I. emelet MFB and the other members of the MFB Group do not have any business sites outside their registered office. 6. Important events that have occurred since the balance sheet date

MFB’s annual consolidated management report for 2024 17 All adjusting events after the balance sheet date have been considered the preparation of the consolidated financial statements of the Group. There were no material events that occurred after the balance sheet date that would impact the Group’s consolidated financial statements. Budapest, 8 April 2025 Bence Gergely Katona Chairman and CEO Dániel Csányi Managing Director

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 1 MFB Hungarian Development Bank Plc. 1 0 6 4 4 3 7 1 - 6 4 1 9 - 1 1 4 - 0 1 statistical code Consolidated Sustainability Statement 31 December 2024

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 2 TABLE OF CONTENTS I. GENERAL INFORMATION .............................................................................................. 3 1. General basis for preparation of sustainability statements ............................................................................ 3 2. Introduction of the MFB Group ...................................................................................................................... 5 2.1 Introduction of MFB Plc. 5 2.2 Subsidiaries 6 2.3 Strategic goals and business model 7 2.4 ESG strategy 9 2.5 Value chain 12 3. The role of management in addressing sustainability issues ........................................................................ 16 3.1 Governance structure 16 3.2 ESG governance structure 19 3.3 ESG education and awareness raising 21 4. Process to identify material impacts, risks and opportunities ...................................................................... 23 4.1 Stakeholder engagement 23 4.2 Double materiality assessment 26 4.3 Mandatory topic-specific disclosures independent of double materiality 33 II. ENVIRONMENTAL INFORMATION.......................................................................... 34 5. Environmental impacts of sustainable financing and funding ...................................................................... 34 5.1 Disclosure according to the EU Taxonomy Regulation 37 5.2 Development of a business model that facilitates climate change mitigation and adaptation 67 5.3 Sustainable funding 71 5.4 Own funded financing supporting environmental goals 72 5.5 European Union financial instruments supporting environmental goals 76 6. Reducing our environmental footprint .......................................................................................................... 77 6.1 Energy consumption 81 6.2 Greenhouse gas emissions 83 III. SOCIAL INFORMATION ............................................................................................. 93 7. Responsible employment ............................................................................................................................... 93 7.1 Supporting employee well-being 94 7.2 Diversity and equality 110 7.3 Retaining our employees 116 8. Social impacts of sustainable finance and fundraising ............................................................................... 123 8.1 The role of the MFB Group in economic stimulation 126 8.2 Own funded financing supporting social objectives 129 8.3 EU financial instruments supporting social objectives 135 8.4 Informing affected communities 136 9. Social responsibility.................................................................................................................................... 143 IV. GOVERNANCE INFORMATION .............................................................................. 147 10. Responsible and transparent banking operations ..................................................................................... 147 10.1 Responsible corporate governance 147 10.2 Data protection and Cybersecurity 156 10.3 Transparent and accountable procurement practices 162 ANNEXES ............................................................................................................................. 166

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 3 I. GENERAL INFORMATION 1. General basis for preparation of sustainability statements The aim and scope of the sustainability statement The MFB Hungarian Development Bank Plc. (hereinafter: MFB Plc. or Bank) has prepared and published the Consolidated Sustainability Statement (hereinafter: Statement or Report) of the MFB Group (hereinafter: MFB Group, Group, or Banking Group), which aims to comprehensively present the Group's environmental, social, and governance practices and results for the year 2024. MFB Plc. considers it an important mission to be at the forefront of the dissemination of good practices and approaches related to sustainability in Hungary, and its commitment to this is demonstrated by its many years of experience in independent and voluntary sustainability reporting in line with the Global Reporting Initiative (GRI) standards. This Report contains verified data of MFB Plc. and its controlled subsidiaries fully consolidated in the financial statements as described in Note 1A to the annual consolidated financial statements, in accordance with the Hungary Act C of 2000 on accounting (hereinafter referred to as the Accounting Act) and the provisions of the EU Directive on Corporate Sustainability Reporting (CSRD). The scope of this Sustainability Statement does not extend to other members of the MFB Group, such as associated companies, funds belonging to the entrusted asset circle, asset-managed companies, and companies holding entrusted assets. However, there are specific data points required by the European Sustainability Reporting Standards (ESRS) (e.g., the calculation of greenhouse gas (GHG) emissions falling under Scopes 1, 2, and 3) where these entities must also be included in the data provision, considering their status in the value chain of MFB Plc., the operational control position exercised by it, or their partial consolidation (using only the equity method method). In such cases, where data related to a different scope compared to the MFB Group concept presented above is included, the relevant chapter of the Report will make reference to this. The Sustainability Statement was prepared according to the data points of the ESRS. To present the Group's sustainability performance of 2024 to its stakeholders in a more transparent manner, in the absence of sector-specific EU standards, the Report also uses additional sustainability reporting standards and sector-specific standards, which are the generic standards of the GRI as well as the GRI G4 standards applicable to financial service industry. Reporting entity MFB Hungarian Development Bank Plc. Headquarters: 1051 Budapest, Nádor u. 31. Scope of the Sustainability Statement Reporting entity MFB Plc. Entities included in financial consolidation MFB Invest Investment and Asset Management Plc. (hereinafter: MFB Invest Plc.) MFB-Property Development Plc. (hereinafter: MFB-Property Development Plc.) MKK Hungarian Claim Work-Out Plc. (hereinafter: MKK Plc.) Hiventures Venture Capital Fund Management Plc. (hereinafter: Hiventures Plc.) MFB Growth Capital Fund (hereinafter: MFB GCF) Fashion & Design Venture Capital Fund (hereinafter: Fashion & Design VCF)

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 4 The owner of Hiventures Plc. is MFB Invest Plc., however, under a special agreement, the ownership rights of Hiventures Plc. are exercised by MFB Plc. The fund manager of MFB NTA and Fashion & Design Venture Capital Fund is Hiventures Plc. In the case of MFB NTA, MFB Plc. provides 100% of the capital and determines the investment and management policies. The financing of the Fashion & Design Venture Capital Fund is provided by MFB Invest Plc, thus it also exercises the right to determine the investment and management policies. MFB Plc. holds approximately 99,9% of the ownership interests in MFB Invest Plc., thus the exercise of ownership rights is also the responsibility of MFB Plc. Due to the described ownership structure, the governance structure, and the fact that the information related to MFB NTA and the Fashion & Design Venture Capital Fund is provided by other Group members included in the scope of this Report, these two funds are not presented separately in the Report. For the reporting period, the subsidiaries included in the consolidation were not required to prepare an Independent Sustainability Statement. Period covered 1 January 2024 – 31 December 2024 Reporting cycle Annual Date of publishing This Sustainability Statement was approved by the Board of Directors of MFB Plc. on 8 April 8 2025. Disclosures in relation to specific circumstances • Time horizons: Since this Report is the MFB Group's first Sustainability Statement in accordance with ESRS requirements, the data and information included in the Report pertain solely to the reporting period. Regarding forward-looking information, the Group uses the time horizons defined by ESRS during the reporting process. Thus, short-term refers to a period of 1 year, medium term to a period between 1-5 years, and long-term to a period longer than 5 years. Any deviations from these definitions will be indicated in the respective disclosure with justification. • Value chain: Due to its specialized, development banking function, the Banking Group is continuously in contact with various stakeholder groups, therefore, in addition to its own operations, the report also covers the sustainability impacts, risks, and opportunities in its value chain. The Sustainability Statement covers the upstream value chain, which includes the suppliers/service providers necessary for the operations of the MFB Group, as well as the financing banks and institutional investors from the fundraising side. Additionally, the examination of sustainability issues has also been conducted regarding the downstream value chain. This includes affected clients through the lending portfolio (such as financed businesses and projects, refinanced commercial banks and financial enterprises, and beneficiaries of guarantees). • Sources of estimation and outcome uncertainty: The MFB Group strives for factual and accurate, clear and concise data provision, which also includes the most precise determination of metrics. Thus, for all disclosures that cannot be measured directly, estimates or assumptions were applied, the fact of which is clearly indicated in the Report together with the level of uncertainty—if this is possible and available. These pieces of information related to measurement estimates and estimation uncertainty will be indicated at the relevant associated data tables. Additionally, if relevant, the process of data collection will be presented, as well as a summary of the techniques, methodologies and sources used for calculating or estimating the data, and the planned measures for future improvement of the data. • Incorporation by reference: Since certain disclosures according to ESRS are presented in other sections of the Annual Report, they are not included in the Sustainability Statement, or

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 5 only in part. The list of disclosures made public through references can be found in Annex 1 "List of Fulfilled ESRS Disclosure Requirements" of the Report. • Information corresponding to intellectual property: The MFB Group did not take advantage of the opportunity outlined in ESRS to omit specific information that qualifies as intellectual property, know-how, or innovation results. The Report discloses all relevant information, thereby ensuring completeness and transparency in sustainability reporting. • Disclosure of impending developments or matters in the course of negotiation: MFB Group did not use exemptions with regards to disclosure of information related to imminent developments or issues under negotiation during reporting as per Article 29a, paragraph (3) of the Non-financial Reporting Directive (2014/95/EU, NFRD), considering that the disclosure of such information would severely harm the Group's business position. • Transitional provision: The MFB Group has utilized the phase-in option for the gradual introduction of disclosure for certain data points. A list of these data points will be published in Annex 1. • Reporting errors in prior periods: The current Sustainability Statement for the 2024 financial year is the MFB Group's first Sustainability Report in accordance with ESRS requirements; therefore, any reporting errors related to previous periods and the associated data changes will only be reflected for the first time in the report for the 2025 financial year. • ESEF taxonomy: the ESEF taxonomy for sustainability reports has not yet been adopted, so the Group was not required to tag the disclosures. 2. Introduction of the MFB Group 2.1 Introduction of MFB Plc. The MFB Hungarian Development Bank Plc. has been operating since 1991 as a specialized credit institution wholly owned by the Hungarian State, with a primary mission to fulfil the classic development banking function, namely to address financing gaps and support long-term economic development without continuous financial intervention from the State, within a sustainably viable business model. As a development bank, its focus area is primarily the support of businesses and activities where market- based lending cannot be effectively realized. In carrying out these tasks, it closely collaborates with commercial credit institutions and partner organizations, as well as financial enterprises. Another key activity is the intermediation of European Union refundable funds, for which the Bank has established the network of MFB Points (MFB Point Plus network in the European Union's 2021-2027 programming period), which serves businesses and retail customers nationwide. MFB Plc. has direct and indirect ownership interests in the following entities that are relevant in terms of the Sustainability report: • MFB Invest Plc., • MFB-Property Development Plc., • MKK Plc., • Hiventures Plc. The MFB Group’s member companies work closely together. As a result of the structural transformations in previous years, the MFB Group operates as a unique development institution group in Europe. Together, its members are able to provide all banking products necessary for corporate operations, such as loans, capital, and guarantees, as well as related financial services to Hungarian businesses.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 6 2.2 Subsidiaries In order to present the sustainability activities of the MFB Group as transparently and in detail as possible, it is essential to describe the subsidiaries included in the scope of financial consolidation and to present their activities from a sustainability perspective. Since sustainability topics have varying significance in the operations of the individual subsidiaries, the Report will highlight only those companies for which the specific topic is relevant in the respective chapters. Subsidiaries that are not relevant to the topic will be presented grouped together or not presented at all. Each chapter of the Report will contain accurate data and statements and will not omit any facts that are significant for assessing the Group's situation. MFB Invest Investment and Asset Management Plc. The main activity of MFB Invest Plc. is the financing of development projects for medium and large enterprises. It carries out its activities directly through individual investments or indirectly through investments in capital funds. It supports micro-, small-, and medium-sized enterprises in incubation, seed, and early phases through venture capital and equity investment activities via Hiventures Plc.'s fund management activities, using European Union funds and its own equity. In case of investment projects, MFB Invest Plc. increasingly prioritizes the promotion of environmental and social benefits, and projects that contribute to sustainable economic development, environmental protection, circular economic models, and the enhancement of positive social impacts are beginning to come to the forefront. To reinforce this, MFB Invest is an investor in funds that specifically carry out investments with social and environmental benefit. Hiventures Venture Capital Fund Management Plc. The activity of Hiventures Plc. focuses on supporting the Hungarian startup ecosystem, contributing to incentivizing domestic business creation. Its goal is to finance innovative businesses with high potential in the initial, seed, and growth stages, utilizing the resources of the capital funds it manages. The unique value of the company lies in its ability to cover the full spectrum of financing needs, from startups to large enterprises, with its extensive financing solutions, ranging from simple transactions to more complex investments. MFB-Property Development Plc. One of the tasks of MFB-Property Development Plc. is to maintain a record of certain properties taken over from the members of the MFB Group and other properties acquired by the Company, to monitor their legal, technical, and real estate market status, and to arrange for their utilization or sale. Another mission is to make individual assets suitable for functions according to the end-user's needs, in the presence of tenant or other utilization intentions and potential that align with the strategy approved by MFB Plc. This is done by carrying out value-enhancing investments at its own expense and risk, meaning that, if necessary, it conducts targeted real estate development activities. These activities include energy efficiency improvements such as pressure regulation of air handling units, replacement of LED light sources, and installation of frequency-controlled circulating pumps, which significantly contribute to energy savings in buildings. MKK Hungarian Claim Work-Out Plc. MKK Plc. is a financial enterprise that engages in retail and corporate debt management and financing factoring activities. It also carries out the MFB Group's work-out activities (minimizing losses and enforcing claims in the case of problematic receivables), but primarily purchases receivables from other market participants. The company's goal is effective and efficient debt collection, as well as the highest level of protection for consumer interests.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 7 2.3 Strategic goals and business model The fundamental task of the MFB Group is to support domestic economic development, address market deficiencies, and provide financing with favorable structures for market participants that enable investments and developments. Its main goal is to meet the needs of economic actors throughout the entire lifecycle of businesses. Within the member companies of the MFB Group, MFB Plc. carries out its tasks in cooperation with commercial credit institutions and financial intermediaries. As a development banking group, the priority for the MFB Group in 2024 was to complement the domestic financial system in a way that would allow for the less efficient market-based financing transactions and those that are prioritised and important from a national economic perspective. Entity Activity Loan, bond, factoring Guarantee Capital Service within the MFB Group MFB Plc. Own funded lending, program lending, equity investments, guarantee transactions, bond issues and management of EU funded financial instruments .     MFB Invest Investment and Asset Management Plc. Support for individual, (direct) large-scale equity investments, fund of funds function, bond financing.    MKK Hungarian Claim Work-Out Plc. Debt management, as well as factoring services, with solutions covering the entire debt management vertical and services provided as the debt management competence center of the MFB Group.   Hiventures Venture Capital Fund Management Plc. Programmatic (fund-based) incubation, and equity investment support for seed, startup, and small- and medium-sized enterprises (SME) .   MFB-Property Development Plc. Real estate management, development, utilization, and evaluation competence center.  The MFB Group implements its business strategy by operating in the following segments: 1. Lending: The primary target group for the MFB Plc.'s individual, large-scale own funded loans consists of large enterprises, as well as, in certain cases, SMEs, mid-cap companies, and local governments. The own funded loan programs can predominantly be utilized by micro-, small-, and medium-sized enterprises (SMEs) and, in certain cases, large enterprises that meet the

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 8 requirements of the specific loan program. In the case of bond financing, both SMEs and large enterprises are part of the target group. 2. Investment: Activities related to securities and investments. Individual large-scale equity investments are carried out by MFB Invest Plc. which is funded by MFB Plc. 3. EU fund management: MFB Plc. is also involved in the intermediation and management of European Union funds, during which it also finances sustainability goals. The primary target group for financial instruments funded by the European Union consists of SMEs, and in case of investments aimed at increasing energy efficiency, the general public. 4. Debt management: The activities of debt purchasing, debt management, and factoring are also among the key tasks of MFB Plc. Within the MFB Group, this activity is carried out by MKK Hungarian Debt Management Plc. for SMEs and large enterprises. 5. Venture capital investment: Activities related to venture capital investment that provide opportunities for the development of companies in their early and growth stages. Accordingly, the target group for venture capital programs (from EU or own sources) primarily consists of start-up businesses. 6. Property Utilization: MFB-Property Development Plc. manages and utilizes it’s own properties, including value-adding and efficiency-enhancing investments and improvements. The total net revenue for 2024 reported in the consolidated annual financial statements of MFB Group is 306 992 million HUF. The revenue data used consists of items B1, B2, B3, B4 and B7 of the revenue definition outlined in Article 28 of EU Council Directive 86/635/EEC (on the annual accounts and consolidated accounts of banks and other financial institutions). This includes interest received, dividend income, profits from the involvement of associated companies, commission income received, net profit from financial operations and other items adjusted for the difference between the initial fair value difference of borrowed funds. The Group primarily conducts its business activities in Hungary and has no significant foreign operations; therefore, it does not present its activities by geographical breakdowns. As a development bank, MFB Plc. operates as one of the engines for Hungary's transition to a fair and sustainable economy through financing and risk-taking. The aim of its business model is to establish and support the successful fulfillment of the Bank's mission and the tasks defined in Act XX of 2001 on the Hungarian Development Bank Plc. (hereinafter: MFB Act). The business model of MFB Plc. is determined by the organization's mission and values, and its implementation occurs at the operational level through its business activities, allowing relatively broad frameworks for the various functions and activities that implement the processes. Thus, the above serves as a framework defining the value- creating capacity of MFB Plc. and the manner of realizing its development banking mission. The primary task of MFB Plc. is to fulfill the classic development banking function, namely to address financing gaps and support long-term economic development without continuous financial intervention of the State, within a sustainably viable business model. In this role, the Bank has a particularly important function during economic downturns, where it can mitigate the economic and social impacts through its counter-cyclical tools. The activities of the Bank are regulated by the MFB Act, which defines the Bank's tasks and scope of activities, budgetary and governmental relations, as well as its organization, operation, and supervision. According to the Act, the Bank's task is to participate in providing the necessary development resources for the economic development goals defined by the Government's medium- and long-term economic strategy, keeping in mind the requirements of transparency, appropriateness, economy, efficiency, and prudence — partly independently and partly in cooperation with other domestic and international organizations. To this end, the State irrevocably acts as a guarantor backed by the central budget for the fulfillment of payment obligations incurred by MFB Plc. , with the upper limits set by the law on the current central budget. Furthermore, the Minister responsible for public finances may also enter into a

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 9 currency hedging agreement with MFB Plc. on behalf of the State, based on a Government Decision, to share any currency risk arising from the Bank's activities. Accordingly, the value creation of MFB Plc. can be directly determined in relation to several stakeholders, particularly in the following cases: • Clients who do not have access to financing sources or do not have sufficient access, • The Government, to whose economic development goals the Bank significantly contributes through its business activities, • Refinancing partners, financial intermediaries, and other suppliers and subcontractors involved in the business activities. In achieving its strategic objectives, the Bank must pay particular attention to the European Union, national, and other legal and prudential regulations relevant to its activities. Among these, compliance with the expectations set by the European Commission regarding the operation of national development banks and the European Union's State Aid Framework is particularly important. MFB Plc. fundamentally achieves its commitment to these objectives through its lending, guarantee, and equity financing activities. 2.4 ESG strategy As the core institution of the MFB Group, MFB Plc.'s role extends beyond classic development banking activities, such as long-term investment support under favorable conditions; it must now also respond to new economic and social challenges. Its operations must align with the continuously changing corporate demands and government economic policy objectives while emphasizing long-term sustainability and socio-economic balance. Since 2021, the Bank has placed particular emphasis on considering ESG (environmental, social, and governance) aspects and considers sustainability essential to avoid harmful environmental and social impacts. MFB Plc. has already integrated sustainability considerations into its Medium-Term Business Strategy for the period 2022-2030, indicating the management's firm commitment to making the principles of sustainability an integral part of fundamental banking processes and procedures, business culture, and daily operations. One of the most important strategic objectives set by the Bank's highest governing body remains to contribute to Hungary's sustainable economic growth and the reduction of greenhouse gas emissions, taking into account related national policy strategies. At the same time, a key objective is to achieve a high level of compliance with the MNB Green Recommendation (The Hungarian National Bank's Recommendation No. 10/2022 (VIII.2) on climate-related and environmental risks, as well as the enforcement of environmental sustainability aspects in the activities of credit institutions), as well as related EU regulations (CSRD, ESRS, Taxonomy) and the Accounting Act. In addition to environmental commitments, the Bank continuously strives to expand the scope of financing activities that yield positive social impacts and to ensure high-quality working conditions for its employees. In 2024, MFB Plc. reinforced the importance of sustainability considerations by creating an ESG strategy. The ESG strategy aligns as a sub-strategy with the Bank's Medium-Term Business Strategy, built around three strategic directions, and defines the Bank's sustainability objectives for the period of 2024-2030. This endeavor encompasses the integration of the United Nations Sustainable Development Goals (SDGs) as a fundamental ideological framework within the Bank's strategy. The Bank will begin developing action plans and key performance indicators (KPIs) related to the strategic objectives, as well as defining the framework necessary to achieve these objectives in 2025, with clear roles and responsibilities. Its aim is to incorporate an increasing number of aspects derived from the double materiality assessment into its ESG strategy annually, through the development of the organization's ESG maturity. This will be achieved through the annual review and periodic update of the double materiality assessment, which also considers stakeholder opinions. The development of the relationship between the ESG strategy and the double materiality assessment will be based on quantifying financial

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 10 opportunities and risks in the coming years, alongside planning the financial resources necessary for implementing the strategy. ESG strategic objectives of MFB Plc. for the period 2024-2030. 1. Strategic objective: The sustainable operation of MFB Plc., responsible banking practices, and corporate governance. • The Bank's goal is to establish essential measurement conditions for monitoring its sustainability performance, data collection, and the definition of ESG key performance indicators, along with their continuous monitoring and reporting. It considers measuring and continuously examining the environmental and social impacts of its own operations and banking activities as a priority objective. • The Bank intends to join the Partnership for Carbon Accounting Financials (PCAF) established by financial institutions. • The Bank also intends to join the UN Environment Program’s guidelines promoting responsible banking practices (UN Principles for Responsible Banking – UN PRB). • In its internal operations, alongside legal compliance, it places special emphasis on its role as a responsible employer. • It will create the conditions for integrating climate-related and environmental risks into its internal data reporting systems to support decision-making at the management level. • Starting from 2025, it will prepare Sustainability Statements in accordance with the CSRD directive/ESRS standards. • Its goal is to improve its sustainability performance, enhance its existing ESG rating, and obtain additional ESG certifications. • The Bank is committed to maintaining its Green Office certification and gradually reducing energy consumption and carbon footprint. • In 2026, it will develop a carbon neutrality plan in line with climate-related and environmental sustainability objectives. • It aims to achieve net-zero emissions by 2050. 2. Strategic objective: Sustainable fundraising and financing in line with development banking goals Fundraising • In its funding activities, the Bank collaborates with lenders and investors to attract resources aimed at achieving positive sustainability, green, and social impacts, depending on asset-side needs and taking market opportunities into account. During the strategic period, the Framework will serve as the basis for sustainability-oriented market funding (loans/bonds), which will be reviewed every two years. • Depending on market opportunities, the Bank aims to be a regular participant in the domestic and international green/social/sustainability bond market on the issuer side. It intends to appear in this market annually, in line with the current banking asset-liability management policy. • In the future, it will continue to rely significantly on the financing and refinancing opportunities provided by international and supranational development banks, depending on asset-side needs. • To meet the transparency demands of domestic and international investors, it aims to continuously maintain its ESG ratings in the long-term. • By achieving these goals, MFB Plc. can establish close cooperation with its lending and investing stakeholders and exert extensive positive environmental and social impacts through the use of resources. Sustainable financing and related risk-taking activities • The goal of MFB Plc. is to develop products for financing green and/or green transition activities that increasingly meet the conditions of the EU Taxonomy. • The Bank's asset-side activities are governed by the eligibility categories of the Framework. Accordingly, during the current review of the Framework, which takes place every two years, it updates these categories according to the needs and opportunities. • In addition to the goals defined in the Framework, a key objective is to facilitate the green transition by financing investments that are compatible with the conditions of the green transition and contribute to it, thereby avoiding lock-in into activities that have harmful effects. • The Bank also aims to encourage investments in sectors through long-term loans and guarantees (at least 10 years) that achieve the highest national economic, environmental, and social impact, as well as employment. • The Bank aims to increase the leveling of social inequalities through its SME programs (strengthening SME innovation and entrepreneurship, enhancing geographical regions, increasing employment).

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 11 • The Bank strives to ensure that at least one of the concurrently operated loan programs is a sustainability- oriented loan program, or other special loan programs that serve selected special loan purposes in preferred sectors regarding sustainability (e.g., energy efficiency investment programs), supported by appropriate market analysis. • The Bank aims to establish a program to achieve climate-related and environmental sustainability objectives. To this end, it intends to develop a specific plan for the supervision and management of short- , medium-, and long-term (at least 10 years) risks. • As an investor, it intends to remain active in the future in both the primary and secondary corporate bond markets, thereby supporting domestic businesses' access to funding. • Alongside the development of the domestic green mortgage bond market, it aims to expand its holdings of green mortgage bonds within its liquidity reserves, depending on market opportunities, thereby also facilitating the development of domestic green mortgage lending. • The Bank strives to further develop the current guarantee schemes and practice with a focus on sustainability. • The Bank's goal is also to increase the proportion of green and sustainable investments/loans, as well as the number of green/sustainability products. 3. Strategic objective: Developing financial awareness of clients and employees, strengthening the MFB Knowledge Center • In achieving sustainability goals, the Bank aims to promote conscious consumer awareness and to emphasize financial education that addresses climate change and environmental risks. The information provided – taking into account the characteristics of products and services – also covers climate change and environmental risks. It increases financial awareness among businesses and refinancing partner institutions through consulting, innovative products, education, and better access to our services. • Along with its commitment to financing the green transition, it places special emphasis on providing clients with related consulting and educating clients in this regard. The main sustainability achievements of MFB Plc. Corporate governance, business model, business strategy • As a result of the expectations formulated as best practices in the Green Recommendation, the Green Office Project has been implemented. The Bank obtained the two-year Green Office Certification in December 2022. In December 2024, the Green Office Certification was renewed. • MFB Plc. obtained the two-year Family-Friendly Workplace Qualification in 2022, which was successfully renewed in 2024. • In order to comply with the MNB Green Recommendation and the findings of the MNB Comprehensive Inspection, internal processes have been established to ensure that the governing bodies have the appropriate qualifications and up-to-date knowledge regarding climate and environmental risks. Starting in 2024, the Bank's decision-making bodies will receive annual ESG-focused training. • The Bank continuously provides employees with training opportunities on topics relevant to sustainability. • Since 2022, the Bank has been measuring its carbon footprint annually with the involvement of external experts, according to internationally accepted methodologies. • In the performance evaluation system, the annual performance goals have been expanded to include sustainability aspects. • In October 2024, Morningstar Sustainalytics (one of the world's leading ESG rating agencies) conducted a review of MFB Plc.'s previous ESG rating, based on which the Bank remained in the low ESG risk category. In January 2025, the Bank ranked 104 th out of the 1021 financial institutions examined. • The Bank has taken steps to obtain further ESG ratings. As part of this, a new major international rating agency is currently in the process of assessing the Bank's ESG risks and ESG performance in the short-, medium- and long-term. Establishment of a Sustainable Finance Framework, asset-liability management • To support the Bank's international fundraising activities, the MFB Sustainable Finance Framework has been established, taking into account the guidelines of relevant international standards. • According to the records of the International Capital Market Association (ICMA Group), MFB Plc. was among the first to issue social bonds not only in Hungary but also in the Central and Eastern European region. Risk management • The integration of ESG risks into the lending process, which represents one of the most important expectations for compliance with the MNB Green Recommendation has been completed.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 12 Green and socially beneficial financing and risk taking, product development • Based on long-term financing agreements signed in 2023 with international development institutions such as the European Investment Bank (EIB) and the Council of Europe Development Bank (CEB), the MFB Corporate Energy Efficiency Loan Program was launched on 8 January 2024. • The value of the green mortgage bond portfolio amounted to 6,096 billion forints by the end of 2024. • MFB Plc. played an active role in the successful implementation of green transactions in programs initiated by the MNB, such as the Growth Bond Program and the Growth Loan Program. • By the end of 2024, the Bank's total outstanding green and environmentally supportive placements amounted to 142,25 billion forints (renewable energy, green real estate, green corporate bonds). • The outstanding amount of SME program loans that also meet social welfare criteria amounted to 150,35 billion forints by the end of 2024. Disclosure and communication • MFB Plc.'s renewed slogan in 2024, "Responsible Thinking, Sustainable Future," more prominently highlights the Bank's current activities and future aspirations and goals. • Since 2022 MFB Plc. has been issuing an Annual Sustainability Report in accordance with GRI standards on a voluntary basis. • On the Bank's renewed intranet platform, employees can find information on all ESG topics in the Green Zone tab. • Additionally, the Bank regularly publishes updates for employees on the completion of tasks defined in the Green Office Action Plan, as well as plans for further measures aimed at strengthening sustainability aspects. The ESG strategy applies solely to the operations of MFB Plc. and defines the strategic directions related to it. However, it is important to mention that the commitment to sustainability is not only a focus of MFB Plc. but also plays an important role in the activities of several members of the Group. The subsidiaries will begin to establish their own sustainability goals in 2025, taking into account MFB Plc.'s Sustainability (ESG) Strategy for the period 2024-2030. 2.5 Value chain In order to ensure transparency and comprehensiveness in the report, MFB Group shares information related to sustainability issues related to both its own activities and the upstream and downstream value chain. As a responsible banking group, it strives to monitor the impacts and risks in the value chain during its business operations, as well as to manage them as much as possible. The value chain of MFB Plc. will be presented in more detail in the following sections of this chapter. Strategic directions and the relationship of value chain segments Value chain segment Strategic objective Upstream activities Sustainable funding Own activities The Bank's sustainable operations, responsible banking practices, and corporate governance Downstream activities Sustainable financing in line with development banking goals, enhancing financial awareness among clients and employees. 2.5.1 Upstream activities The impacts of the Bank's activities are examined at the Group level, considering procurement and fundraising on the upstream side. In the context of the MFB Group, the concept of the upstream value chain includes suppliers and service providers, as well as financing banks and institutional investors from the funding side.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 13 Although traditional suppliers (e.g., office equipment, IT procurement) are included among the upstream activities of the Group, their role in the value chain is not significant. Regarding procurement procedures, MFB Plc. acts in accordance with the relevant sections of the Public Procurement and Procurement Rules. As a wholly state-owned enterprise, the Bank must comply with the provisions of Act CXLIII of 2015 on public procurement (Kbt.) for purchases exceeding the public procurement threshold, which covers the procedures, processes, record-keeping, and documentation, as well as the acceptance and fulfillment of environmental, social, and labor law requirements, and regulates the scope and responsibility of procedural steps. MFB Plc., as the contracting entity, can only enforce the grounds for exclusion under the Public Procurement Act during the public procurement procedures, no other grounds for exclusion can be applied, and it can only request information on the supplier's subcontractors during the performance of the contract in the manner and scope prescribed by the Public Procurement Act (Kbt.). In relation to EU-level public procurements, further requirements must also be met, including those regarding conflicts of interest, ensuring that the conflict of interest provisions are fulfilled between MFB Plc. and the tenderer. A key objective during the procurement procedures is to ensure transparency and fair competition while fully complying with conflict of interest rules and regulations. The relationship with suppliers is also regulated by the procurement regulations of the subsidiaries. MFB Plc. raises the necessary funds for its development banking activities from both domestic and international money and capital markets, which is crucial for establishing the Bank's operational background. The Bank primarily finances itself through the issuance of debt securities, interbank, bilateral, and club loans, and also borrows from international development institutions under favorable conditions, which are typically earmarked for specific uses. The implementation of sustainability considerations also permeates the fundraising activities, appearing as a strategic goal to ensure an increasing volume of fundring that aligns with asset-side needs. To this end, in 2023, MFB Plc. established its Sustainable Finance Framework, which complies with international standards (e.g., International Capital Market Association (ICMA), Loan Market Association (LMA)) and market practices. In addition to defining sustainability goals within the Framework, the Bank actively collaborates with international multilateral/supranational financial institutions, such as the European Investment Bank (EIB) and the Council of Europe Development Bank (CEB). 2.5.2 Own activities The MFB Group is a key player in the Hungarian economy, with its primary task of supporting domestic economic development, address market deficiencies, and provide financing with favorable structures that enable investments and developments for market participants. As a development banking group, the MFB Group's activities in 2024 will complement the functioning of the domestic financial system in such a way that it participates in financing transactions that are not efficiently realizable on a market basis but are preferred from a national economic perspective. The activities of the Bank Group will be presented in full detail in Chapter 2.1 Introduction of MFB Plc. and 2.2 Subsidiaries. In its own activities, MFB Plc. focuses on its sustainable operations, as well as responsible and ethical banking practices, thereby placing significant emphasis on environmental issues within this value chain segment. As part of this, the Bank implements its Green Office environmental management program and the energy efficiency developments created within it. Furthermore, the Bank considers the responsible and ethical development of corporate culture as an important strategic goal. While ensuring legal compliance at all times, the Bank places great emphasis on the working conditions and rights of its employees. A high level of data protection is fundamental for the Bank, both in terms of corporate governance and for its employees. Additionally, as a development bank, it plays an important role in supporting the functioning of the Hungarian economy, thereby indirectly exerting a wide-ranging positive impact on Hungarian society as a whole.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 14 2.5.3 Downstream activities In terms of the downstream value chain segment, the Bank Group primarily examines the impacts related to its financing activities, specifically the effects exerted through the financed portfolio. Products and services The Bank Group's financed clients encompass a very wide range, including micro, small, and medium- sized enterprises, as well as large corporations. The member companies of the Bank Group, with the involvement of 928 employees, continuously strive to provide the highest quality services and to meet the needs of their clients at a high level. The Bank connects with retail/private clients indirectly through its intermediary activities related to EU financial products. In addition, MFB Plc. aims to meet the strategic expectations that set business and sustainability directions, particularly by developing and marketing products that contribute to the reduction of greenhouse gas emissions and enhance clients' environmental awareness and sustainability mindset. In 2024, the integration of sustainability considerations into financing activities was realized with the introduction of a new loan program among self-funded products. The MFB Corporate Energy Efficiency Loan Program clearly contributes to the reduction of greenhouse gas emissions through investments that encourage energy efficiency and the use of renewable energy in the existing properties of micro, small, and medium-sized enterprises (SMEs) as borrowers. The loan program fully reflects the green and social expectations based on EU taxonomy from the EIB and CEB. MFB Plc. conducts sustainability assessments of significant markets and client groups in accordance with the ESG criteria outlined in the MNB's minimum ESG questionnaire recommendation (9/2024. (IX.24.)), as well as through the collection of market data and conducting analyses. Primarily, the evaluation of ESG client and transaction questionnaires assesses how sustainable a particular client group (its individual transactions and the related market or sector) is based on sustainability considerations. Regular analyses prepared by the MFB Centre for Analysis take sustainability trends into account, and these issues are also highlighted during potential client interviews, thereby identifying the commitment, willingness, and development/financing opportunities regarding sustainability in markets, sectors, and individual clients or client groups. The main products offered to clients by MFB Plc., as the most significant financier of the Bank Group, are presented below. The main financing products offered by MFB Plc. to clients and the intermediated EU financial instruments Target group Service group Available products 2024 Individuals EU fund management RRF-REP-10.13.1-24 Home Renovation Program Micro enterprises Lending MFB Corporate Energy Efficiency Loan Program Széchenyi Microcredit Refinancing Program 2.0 Newly introduced products in 2024: Széchenyi Liquidity Loan MAX+ Széchenyi Investment Loan MAX+ Agricultural Széchenyi Investment Loan MAX+

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 15 The main financing products offered by MFB Plc. to clients and the intermediated EU financial instruments Target group Service group Available products 2024 EU fund management GINOP Plusz-1.4.3-24 SME Technology Plus Loan Program GINOP Plusz-1.4.4-24 SME Technology Plus Budapest Loan Program DIMOP Plusz- 1.2.3/A-24 Support for the digitalization of Micro, Small, and Medium Enterprises as a Single- operation combined loan product DIMOP Plusz- 1.2.3/B-24 Support for the digitalization of micro, small, and medium enterprises loan program RRF-REP-10.14.1-24 Installation of electric vehicle charging stations Small enterprises Lending MFB Corporate Energy Efficiency Loan Program Széchenyi Microcredit Refinancing Program 2.0 Newly introduced products in 2024: Széchenyi Liquidity Loan MAX+ Széchenyi Investment Loan MAX+ Agricultural Széchenyi Investment Loan MAX+ EU fund management GINOP Plusz-1.4.3-24 SME Technology Plus Loan Program GINOP Plusz-1.4.4-24 SME Technology Plus Budapest Loan Program DIMOP Plusz- 1.2.3/A-24 Support for the digitalization of Micro, Small, and Medium Enterprises as a Single- operation combined loan product DIMOP Plusz- 1.2.3/B-24 Support for the digitalization of micro, small, and medium enterprises loan program RRF-REP-10.14.1-24 Installation of electric vehicle charging stations Medium enterprises Lending MFB Corporate Energy Efficiency Loan Program Custom financing / provision of loans, bonds, and bank guarantees Project and structured financing Newly introduced products in 2024: Széchenyi Liquidity Loan MAX+ Széchenyi Investment Loan MAX+ Agricultural Széchenyi Investment Loan MAX+ Large enterprises Lending MFB Corporate Energy Efficiency Loan Program Individual financing for corporates / provision of loans, bonds, and bank guarantees Project and structured financing EU fund management RRF-REP-10.14.1-24 Installation of electric vehicle charging stations Sales channels and customer relationships Within the framework of the loan programs, financing sources primarily reach businesses through refinancing partners or intermediaries, while in some cases, clients can submit their loan applications at the Bank's central customer service. The Bank maintains active relationships with 8 commercial banks and 37 financial enterprises as refinancing partners. The Bank places special emphasis on the intermediation of European Union refundable funds, for which it has established a financial intermediary network known as MFB Points and MFB Point Plus. MFB Plc. began intermediation of financial instruments available under the programming period of 2014-

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 16 2020 of the European Union in 2016 by operating the MFB Points network for EU loan programs. Nationwide, a total of 642 MFB Points welcomed businesses and individuals interested in the Energy Efficiency Loan Program. The network included 63 first-category MFB Points, which conduct the entire lending and sales process for all available products. Additionally, there were 260 second-category MFB Points, where the complete lending and sales process for nationally available products was implemented, and 319 third-category MFB Points, whose main task was to provide information and forward customer inquiries. As the programming period ended on 31 December 2023, no new products were sold in 2024; the main task was to comprehensively manage and monitor the existing portfolio, alongside the closing tasks of the programming period. In the 2021-2027 programming period, starting from 2024, both businesses and retail clients will be able to access EU-funded loans through the MFB Point Plus network. The new MFB Point Plus network continues to provide effective and easily accessible professional administration related to loan programs tailored to customer needs. The MFB Point Plus branch network serving corporate clients consists of 175 branches available to interested businesses. This branch network is made up of distinguished branches of Gránit Bank Plc., MBH Bank Plc., and OTP Bank Plc. The MFB Point Plus branch network serving retail clients consists of 267 branches available to interested individuals, also composed of distinguished branches of MBH Bank Plc., OTP Bank Plc., and Gránit Bank Plc. Initially, the MFB Points, and later the MFB Point Plus branch network, provide an opportunity to accelerate the integration of economically disadvantaged regions, reducing the economic disparities between small settlements and large cities. The network also emphasizes larger settlements where many small and medium-sized enterprises operate, as experience shows that there is the greatest interest in EU tenders in these areas. The venture capital programs and private equity funds initiated from European Union or own funds operate both directly and indirectly. Indirect implementation occurs through market fund managers, as well as MFB Invest Plc., which is part of the MFB Group, or Hiventures Plc., which is owned by it, and the indirectly state-owned Focus Ventures Plc. MFB Plc. does not provide individual large capital investments directly; this is carried out by MFB Invest Plc., which is funded by MFB Plc. 3. The role of management in addressing sustainability issues The governing bodies, executive bodies, and supervisory boards of the MFB Group are collectively responsible for ensuring that the Sustainability Statement complies with legal requirements and is published in accordance with the CSRD and Hungarian Accounting Act. The following chapter will present the management and control procedures of these bodies within the MFB Group, which are applied to monitor, manage, and oversee sustainability issues. Additional information related to responsible corporate governance and ethical operations will be published in Chapter IV. "Governance Information." 3.1 Governance structure The exclusive state ownership is an important and defining element of the governance of MFB Plc. The minister responsible for national assets (the Minister of National Economy) represents the Hungarian State in the company and exercises ownership rights personally. This minister appoints the 5-member Board of Directors, which serves as the governing body of MFB Plc., the 6-member Supervisory Board responsible for overseeing its operations, and the chief operational executive, the CEO. The work of the Supervisory Board is also supported by the Audit Committee. Since MFB Plc. is a single-member joint- stock company, it does not have a General Assembly.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 17 Board of Directors The Board of Directors is the executive body of MFB Plc. The Board of Directors represents MFB Plc. in dealings with third parties, courts, and other authorities, and establishes and directs its organizational structure. The scope of the Board's responsibilities is defined in the Statutes and includes, among other things, the preparation and submission of financial statements and reports for approval, the submission of asset management plans for approval, and the preparation of reports on MFB Plc.'s financial position and business policy. The Board is also responsible for maintaining the shareholder register, notifying the exercising party of ownership rights in the event of financial issues, and exercising employer rights over employees authorized to substitute for the CEO. As part of its executive functions, the Board regularly reviews MFB Plc.'s financial situation, may delegate signing authority, determines the activities and business sectors that MFB Plc. can actually pursue, approves regulatory documents within its jurisdiction, and makes decisions on significant financial and risk-taking issues as defined in the Statutes and the MFB Act. The Board currently consists of 5 (five) members. The members of the Board are appointed by the exercising party of ownership rights for a term of 5 (five) years and can be dismissed by the exercising party. The Chairperson of the Board is elected by the members from among themselves; currently, this role is held by the leader who also performs CEO duties, in the role of Chairperson-CEO. The legal basis for holding both positions simultaneously is provided by the MFB Act, similar to the criteria for appointing Board members. Supervisory Board The Supervisory Board is the controlling body of MFB Plc. It monitors the management of MFB Plc. to protect the Bank’s interests. In this capacity, it can access MFB Plc.'s documents, accounting records, and books, and can request information from executive officers and employees. The Supervisory Board ensures the existence of a comprehensive control system, proposes the auditor's identity and remuneration, reviews financial reports, and professionally directs and oversees the internal audit organization. Additionally, it is required to examine all significant business policy reports that require a decision from the exercising party of ownership rights, as well as any proposals related to matters within the exercising party of ownership rights' jurisdiction. The exercising party of ownership rights can only decide on the reports according to the Accounting Act based on the written report of the Supervisory Board. In 2024, the Supervisory Board consisted of 6 (six) members, who must all be natural persons and cannot have an employment relationship with MFB Plc., except for employee representatives. The Chairperson and members of the Supervisory Board are elected and dismissed by the exercising party of ownership rights for a fixed term, but for no more than 5 (five) years. At least one independent member must have an accounting or auditing qualification. One-third of the members of the body consists of representatives of the employees, as long as the average number of full-time employees at MFB Plc. exceeds 200 annually. The members are required to act personally and cannot be instructed in their activities; they are responsible for any damages caused by the failure to fulfill or improper performance of their supervisory obligations. Audit Committee The exercising party of ownership rights elects a 3-member Audit Committee from among the independent members of the Supervisory Board. This committee assists the work of the Supervisory Board, participates in the oversight of the financial reporting system, the selection of the auditor, and collaboration with the auditor, as well as monitoring the effectiveness of the Bank's internal control and risk management systems.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 18 Presentation of Participants in the Management of MFB Plc. In carrying out the tasks related to the management of MFB Plc., the deputy CEOs, executive directors, directors, and heads of individual departments are involved. The CEO appoints the leaders, seeking the opinions of the direct superiors of the respective leaders to ensure that the criteria related to competencies are fully applied in filling the Bank's leadership positions. The list of the most important decision-making bodies and decision-makers is included in the Rules for Decision-Making, while their powers, organization, and operational procedures are defined in the Statutes, the Rules of Procedure of the Board of Directors', and the Rules for Decision-Making. The governance of the subsidiaries is the responsibility of the companies' Boards of Directors, Supervisory Boards, and the companies' leaders, including the CEOs and executive directors. The composition of the executive and supervisory bodies will be detailed in the following sections. Composition of the management bodies Composition and diversity of administrative, management and supervisory bodies: [Reporting period]: 01.01.2024.-31.12.2024. Number of executive members Number of non-executive members MFB Plc. 2 9 Hiventures Plc. 5 3 MFB-Property Development Plc. 5 3 MFB Invest Plc. 5 7 MKK Plc. 5 5 [Reporting period]: 01.01.2024.-31.12.2024. Administrative, management and supervisory bodies Independent members Gender distribution (headcount / FTE) Gender distribution in percentages (%) Gender distribution (headcount / FTE) Gender distribution in percentages (%) MFB Plc. Female 2 18 1 14 Male 9 82 6 86 Other 0 0 0 0 Information not available 0 0 0 0 Total 11 100 7 100 Hiventures Plc. Female 0 0 0 0 Male 8 100 7 100 Other 0 0 0 0

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 19 [Reporting period]: 01.01.2024.-31.12.2024. Administrative, management and supervisory bodies Independent members Gender distribution (headcount / FTE) Gender distribution in percentages (%) Gender distribution (headcount / FTE) Gender distribution in percentages (%) Information not available 0 0 0 0 Total 8 100 7 100 MFB-Property Development Plc. Female 4 50 3 60 Male 4 50 2 40 Other 0 0 0 0 Information not available 0 0 0 0 Total 8 100 5 100 MFB Invest Plc. Female 3 25 2 50 Male 9 75 2 50 Other 0 0 0 0 Information not available 0 0 0 0 Total 12 100 4 100 MKK Plc. Female 2 20 3 30 Male 8 80 7 70 Other 0 0 0 0 Information not available 0 0 0 0 Total 10 100 10 100 3.2 ESG governance structure The management of MFB Plc. establishes the necessary organizational frameworks, tools, and resources to achieve ESG-oriented strategic goals, and operates the complex systems related to them. The members of the 5-member Board of Directors, which acts as the governing body of MFB Plc., possess extensive relevant experience, primarily with degrees in economics and law. Their decades of organized experience in areas such as EU fund utilization, securities, macroeconomics, banking, asset management, and regional development ensure that they can view the ESG strategic area from multiple perspectives. In the corporate governance system of MFB Plc, ESG governance plays an increasingly significant role. The head of the MFB Plc Strategic Division is the responsible leader who is accountable for sustainability considerations within the senior management..

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 20 At MFB Plc, a separate organizational unit was established in April 2022 for the broader coordination of sustainability management and related tasks, called the ESG, Business Advisory, and Financial Institutions Directorate (ESGI). This unit aims to deepen the significance of the topic and to coordinate the transformation of internal processes and business activities along sustainability goals in an integrated manner within the Bank's organization. The ESGI is responsible for developing the Bank's ESG strategy, as well as for conducting the double materiality assessment presented in Chapter 4. In the execution of ESG-related activities at MFB Plc, the organization includes the ESG Working Group, established in 2020 to coordinate the implementation of the MNB Green Recommendation expectations. Due to its comprehensive nature across the entire bank, the group's work is supported by internal project management. The operational working group, which meets weekly, consists of permanent members from the ESG Directorate, the Strategic and Risk Management Directorate (SKI), and representatives from the business areas. Additionally, colleagues from other banking departments may join on an ad-hoc basis if relevant. The working group monitors the progress of compliance with the MNB Green Recommendation and provides a professional forum for coordinating ESG-related tasks that span across various banking units. The Sustainable Finance Committee, established in 2023, serves as the decision-making and oversight body within the bank for tasks related to commitments associated with the Sustainable Finance Framework prepared based on international standards (ICMA, LMA). This committee continuously monitors, tracks, and controls the activities related to sustainable funding and the allocation of sustainable funds according to the eligibility categories defined in the Sustainable Finance Framework. The Risk Management Division has been designated as the organizational unit responsible for managing and controlling climate-related and environmental risks, with its leader also serving as the Chief ESG Risk Officer. The Bank consciously strives to identify ESG risks affecting its operations, both in terms of what ESG risks play a role in the occurrence of operational risk events and whether these events induce further ESG risks. In its operational risk management activities, MFB Plc identifies, classifies, and records risks based on the taxonomy outlined in its internal regulations. During the risk assessment, each

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 21 organizational unit is responsible for uncovering and reporting loss events that occur in its area, and internal loss data is comprehensively collected and categorized. Risks are ranked based on their loss impact, and there are defined thresholds for collecting loss data. During the annual self-assessment, operational risk managers identify and evaluate operational risk events that may be characteristic of their area. The identified main risks include, among others, losses arising from internal and external fraud, losses resulting from negligence or unintentional breaches of professional obligations, losses due to actions that are inconsistent with employment, health, or legal regulations and agreements, losses arising from business interruptions or system failures, as well as losses resulting from erroneous transaction processing or management. The reduction of identified risks is carried out through various strategies and controls, which include the definition of different action plans, risk reduction measures by the organizational unit competent in managing the situation, and the oversight of the operational risk management reporting process. The Bank's decision-making and supervisory bodies (Executive Board, Board of Directors, Supervisory Board, and Audit Committee) monitor the Bank's ESG activities based on a semi-annual report prepared by the ESG, Business Advisory, and Financial Institutions Directorate regarding the execution of the Bank's ESG-related tasks and the results achieved. The Executive Board, as the highest-level operational governing body relevant to the Bank's risk management, reviews all significant risks of the organization through quarterly comprehensive risk-focused reports, which also include ESG risks. These quarterly reports contain a summary of risk events, the status of action plans and their implementation, measurements of key risk indicators, audit results, outcomes of the annual risk self-assessment, and results of scenario analyses. Additionally, in 2024, MFB Plc began assessing and reconsidering its internal processes and oversight related to the identification of material topics, associated data collection, and reporting on these topics. The Bank intends to finalize these internal processes and relevant regulations by 2025 to ensure that it can meet these expectations more comprehensively in the next report. As part of the regulations to be established in 2025, the Internal Audit Directorate's work plan will include regular checks by the Directorate to ensure the Bank's compliance with sustainability- related legal obligations and supervisory recommendations. The Directorate will verify, in accordance with applicable regulations, whether the internal control systems effectively ensure the Bank's preparedness to manage climate-related and environmental risks, as well as the achievement of its risk management objectives related to these risks. Additionally, the Bank plans to establish a process in 2025 for the annual reporting to management on significant impacts, risks, and opportunities, the execution of due diligence, as well as the results and effectiveness of the policies, measures, metrics, and objectives adopted to manage these aspects. In the case of subsidiaries, there is currently no established ESG organization for the centralized coordination of sustainability topics. Following the validation of the double materiality assessment at the subsidiary level, colleagues responsible for sustainability-related data reporting have been designated, who will also inform senior management about significant ESG-related issues. Additionally, the identification of future regulations, processes, and actions related to significant impacts, risks, and opportunities has begun. In 2025, the subsidiaries will start the process of establishing their own sustainability goals, taking into account MFB Plc's Sustainability (ESG) Strategy for the period 2024- 2030. 3.3 ESG education and awareness raising 3.3.1 ESG training ESG plays an increasingly significant role in the operations of the MFB Group. The integration of ESG considerations into corporate operations not only helps meet regulatory expectations but also contributes to long-term business success. To this end, MFB Plc considers the development of its training system and the enhancement of employees' sustainability competencies to be of paramount importance.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 22 To achieve effective governance that takes ESG aspects into account, MFB Plc deems it essential for the Board of Directors and senior management to possess adequate ESG knowledge. In 2023, internal processes were established to ensure compliance with the MNB Green Recommendation, ensuring that the governing body and individuals in key positions have the appropriate qualifications and knowledge regarding climate and environmental risks. The Bank's governing bodies receive ESG-focused training once a year. In 2024, the internal member of the MFB Plc Board of Directors, the Deputy CEO responsible for leading the Business Division, and the Executive Director leading the Risk Management Division contributed their expertise to the successful management of ESG-related projects, continuously expanding their professional experience regarding the impacts, risks, and opportunities involved in the double materiality assessment, primarily in the area of green lending. Continuous corporate training and development programs contribute to ensuring that employees have up-to-date knowledge in the ESG field and are able to apply it effectively in their daily work. In 2024, MFB Plc also provided its employees with training opportunities focused on sustainability (e.g., MFB Academy training programs on current sustainability topics, and the Bank's online training and examination e-learning system incorporated the operation of the Bank's Green Office Program and the mainstreaming of ESG considerations). Within the framework of the bank's e-learning examination obligation, all employees, totaling 557 individuals, completed the Green Office training related to sustainability topics in 2024. Additionally, several employees working in various banking areas participated in ESG (sustainability) trainings or professional conferences. Among these opportunities was a workshop organized by the MFB Centre for Analysis on financing options for Hungary's transition activities, attended by 40 business and risk management staff. Furthermore, a training program organized under the Green Gateway advisory project provided by the European Investment Bank (EIB) included 5 in-person workshops and 4 online training sessions, each attended by 20-30 employees, aimed at aligning the Bank's product development activities with the EU Taxonomy Regulation and enhancing risk management tasks. Additionally, ESG training is available to employees in the training catalog. The Bank's communication to its employees on ESG topics and contributions to the development of their ESG mindset continued in 2024 on a dedicated ESG platform created on the Bank's intranet, called the Green Zone. The ESG department continuously published educational materials, presentations, and information related to ESG topics, which the Bank accessed through participation and collaboration in professional organizations (such as the Hungarian Banking Association ESG Working Group, Project Management Association, Business Council for Sustainable Development in Hungary (BCSDH), and KÖVET Association for Sustainable Economy), as well as through extensive relationships with other international organizations and market players, and participation in sustainability-themed professional conferences. Employees responsible for ESG data reporting in the subsidiaries also sought to acquire as much professional knowledge as possible at various ESG-related professional events. 3.3.2 Integration of sustainability-related performance in incentive schemes The integration of sustainability and ESG goals into the compensation system directly motivates employees and leaders to adopt sustainable practices and achieve the set corporate sustainability and ESG objectives, while also helping to establish and strengthen the commitment to sustainability within the corporate culture. In 2023, MFB Plc incorporated sustainability considerations into its incentive system. The external members of the MFB Plc Board of Directors and the non-employee representative members of the Supervisory Board are not employees of MFB Plc, and therefore, no sustainability performance targets are set for them. The internal members of the Board of Directors include the Chairman-CEO and the Deputy CEO (senior employees). The compensation policy issued by the ministry exercising ownership rights does not include sustainability considerations for senior employees. Nevertheless, in the 2024 premium announcement for the internal member of the Board of Directors, the Deputy CEO

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 23 of the Business Division, the execution of tasks related to the integration of ESG criteria into the lending process was listed as an individual professional goal. For the non-senior employee members of the MFB Plc Executive Board and the employee representative members of the Supervisory Board, the policy on "The Method and Amount of Compensation for Certain Senior and Non-Senior Employees" applies, which includes performance targets according to the general employee Remuneration policy. According to this policy, one of the four indicators related to the overall organizational goals tied to the business plan is defined as a sustainability indicator, which aims to comply with the MNB Green Recommendation year by year. In 2022 and 2023, the goal was to establish and continuously develop the operational framework and conditions of MFB Plc, while in 2024, the focus was on integrating ESG risks into lending processes. According to the policy on "The Method and Amount of Compensation for Certain Senior and Non- Senior Employees," the annual performance targets (including the sustainability indicator) are determined, if possible, simultaneously with the approval of the business plan for the given year, or within 30 days thereafter; in exceptional cases, this may occur later. Since the sustainability goal is set among the overall organizational goals related to the business plan in the annual performance targets, it is considered a reference value. During the annual performance target announcements, the proposal for the sustainability indicator among the overall organizational goals is obtained by the head of the Human Resources Directorate through data collection from the ESG, Business Adsvisory, and Financial Institutions Directorate, which is then announced to the employees. The performance targets are approved by the employee and their direct supervisor as specified in the employee's job description. The evaluation and settlement of the annual performance targets occur upon the acceptance of the report (balance sheet) closing the business year, or within 30 days thereafter; in exceptional cases, this may happen later. The evaluation of the performance targets is conducted by the employee's direct supervisor as specified in the employee's job description, who may involve another leader or superior from the relevant area in the evaluation if necessary. In the 2024 performance targets, the weighting of the sustainability goal was established in proportion to the weighting of the overall organizational goals related to the business plan as specified in the policy on 'The Method and Amount of Compensation for Certain Senior and Non-Senior Employees.' For members of the executive board, regardless of classification level, this ratio was 12,5%, while it was as follows for each classification level: 20-22 classification level: 10%, 18-19 classification level: 5%, 17 classification level: 3,75%, 16 classification level: 2,5%, 15 classification level: 2,5%, 12-14 classification level: 2,5%, 10-11 classification level: 1,25%. In 2024, none of the subsidiaries included sustainability and climate-related considerations in the compensation of members of their administrative, executive, or supervisory boards. At Hiventures Plc, MFB Invest Plc, and MKK Plc, there were no incentive mechanisms or compensation policies related to sustainability issues. In contrast, at MFB-Property Development Plc, sustainability is part of the employee performance evaluation, with references to ESG goals, primarily related to energy savings and certification of buildings. The proportion of variable compensation dependent on sustainability- related goals and/or impacts is determined each year based on the premium announcements for that year. 4. Process to identify material impacts, risks and opportunities 4.1 Stakeholder engagement The MFB Group continuously engages with various stakeholder groups, whose feedback and raised topics significantly impact the Group's daily operations and decision-making processes. As presented in Chapter 4.2 of the report, the Banking Group conducted a double materiality assessment in 2024 in accordance with the ESRS requirements, which, alongside bringing sustainability issues to the forefront, also allowed the Group to engage in deeper, two-way communication with stakeholders compared to its previous years' practices based on GRI.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 24 The Group's internal stakeholders primarily include employees and the owner, while the main external stakeholders consist of customers, government and regulatory bodies, suppliers of products and services, international partners, as well as representatives from professional organizations, non-governmental organizations (NGOs), and local communities. In 2024, similar to the previous year, the MFB Group maintained contact with these groups based on the main topics outlined in the stakeholder map. Stakeholder map Stakeholder group Description Frequency of consultation Aim of consultation Communication channel Employees The employees and management of MFB Group Continous Flexible working, health preservation, training and development, review of compensation policy - Executive meetings, briefings, reports - Intranet, internal newsletter, emails - Work discussions - Internal policies and instructions - Reporting channels - Satisfaction surveys - Corporate training - Corporate events Clients The MFB Group's l and private clients, intermediaries (commercial banks and financial enterprises) Continous Service provision, ESG-based product development directions, assessment of new ESG-related financing needs, market impacts and tensions due to energy crisis and international conflicts, data protection - Contract - Client contacts - Customer service - Reporting channels - Website and newsletter, social media platforms - MFB Indicator survey - PR and marketing communication channels Owner (exerciser of ownership rights) The Hungarian State and its designated representatives exercising ownership rights over the MFB Group Regular Ownership expectations, operational frameworks, economic strategic directions, market impacts caused by the energy crisis and international conflicts, addressing and mitigating shortages - Regular financial reports - Various reports, accounts, and analyses - Meetings Government and regulatory bodies The Hungarian National Bank and ministries and secretariats involved in achieving government sustainability goals Regular Legal compliance during service provision, compliance with the Green Recommendation and evaluation of the Action Plan - Reports and accounts - Official inquiries - Website - Data reporting

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 25 Stakeholder map Stakeholder group Description Frequency of consultation Aim of consultation Communication channel Product and service suppliers Supplier partners providing products and services necessary for the operation of the MFB Group Regular Products and services, procurement rules - Contract - Business contact - Meetings - Electronic correspondence International partners International partners with whom the MFB Group collaborates or follows their guidance (e.g., International Development Banks, European Commission, EIF, EIB, CEB, UNEP FI) Regular The Group's ESG progress, sharing and adopting good practices and experiences for the development of new planned sustainability- focused products. - Partner meetings - Website - Reports Professional Organizations Professional associations representing financial institutions Regular Exchange of experiences regarding compliance with the Green Recommendation and the development of questionnaires and methodologies suitable for collecting ESG data in the Hungarian banking sector - Partner meetings - Website - Reports - Professional advocacy and organizational membership NGOs, representatives of local communities Non-governmental organizations and representatives of local communities, with particular attention to social equality, environmental, and conservation issues Regular Corporate social responsibility initiatives, specific actions, and the Group's ESG progress - Collaboration - Corporate social responsibility programs and initiatives - Reporting channels Consideration of stakeholder interests and views The members of the MFB Group continuously examine the alignment of stakeholder positions with the business tasks and strategies of the company. As part of this, MFB Plc shapes its operations, offered products, and services in accordance with the objectives outlined in its Medium-Term Business Strategy (2022-2030) and its business model. In 2024, there was no need to change the strategy and business model from the stakeholders' perspective, as they were originally developed with consideration for the interests and positions of this group.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 26 The management of MFB Plc receives regular updates on feedback and positions from stakeholders. In 2024, reports were prepared for the Executive Board regarding the results of the MFB-INDICATOR survey and the employee needs assessment related to the Green Office Program. Additionally, in the report titled 'Status of Compliance with the MNB Green Recommendation,' both the Executive Board and the Board of Directors, as well as the Supervisory Board, were informed. Regarding ESG risks, the Bank informed the Executive Board and the Board of Directors about these risks in the context of the Quarterly Comprehensive Risk Report, with the Supervisory Board having the right to review. The Bank also informed the Executive Board about the results of the double materiality assessment (DMA) concerning the positions and interests of all stakeholders in relation to sustainability impacts. 4.2 Double materiality assessment The sustainability disclosures according to the ESRS are based on the principle of double materiality; therefore, in 2024, the MFB Group conducted its first double materiality assessment with the aim of identifying the Group's significant impacts, risks, and opportunities related to sustainability, referred to as IROs. These significant impacts, risks, and opportunities are the key areas through which the Banking Group is believed to have the greatest perceived or actual impact on society and the environment (impact materiality), as well as where the effects of sustainability topics are most significant for the Group's operations (financial materiality). The significant topics identified through the double materiality assessment are those that, in addition to the so-called mandatory disclosures, designate the topics to be presented in the Sustainability Statement. The double materiality assessment was conducted according to the process outlined in the ESRS and in accordance with the non-binding guidelines of the European Financial Reporting Advisory Group (EFRAG), which operates as a technical advisory body of the European Commission. The process was carried out following these main steps: I. Long list of material sub-topics As the first step of the double materiality assessment process, a so-called long (expanded) topic list was utilized, which included all subtopics defined in the table corresponding to Application Requirement 16 of the ESRS 1 'General Requirements' standard. Through a preliminary assessment of these topics conducted by ESG leaders in a workshop format (relevance examination), a short, narrowed topic list was developed. In addition to the sustainability topics outlined in the ESRS, in the absence of industry-specific standards, further company-specific potential significant sustainability issues were also included. These company-specific questions were based on the analysis of industry competitors and the industry guidelines proposed by the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB). Alongside a detailed review and comparison of relevant indicators within the sector, validation conducted by MFB Group experts also contributed to reinforcing the analysis. II. Identification of stakeholders The stakeholders of the Banking Group are presented in full detail in Chapter 4.2 using a comprehensive stakeholder map, which also served as the basis for identifying the stakeholders involved in the double materiality assessment. Those external and internal stakeholders were included in the impact materiality assessment process whose interests are positively or negatively affected, or may be affected, by the activities of the MFB Group and its (in)direct business relationships throughout the entire value chain. For the financial materiality assessment, we consulted the primary users of the general-purpose Financial Statements and the Sustainability Statement (primarily internal stakeholders). III. Assessing impact materiality As the first step in determining impact materiality, each sustainability issue identified in the short topic list detailed in point I. was assigned to internal experts, who identified positive or negative, potential or actual social or environmental impacts related to each topic in a dedicated workshop.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 27 They then evaluated these impacts based on time horizon, magnitude, scope, probability, and, in the case of negative impacts, the ability to remedy them. The opinions of external stakeholders were gathered through an online questionnaire. Respondents to the questionnaire were able to evaluate the sustainability issues listed in the short topic list on a 6-point scale according to the extent of the impacts of the MFB Group on external stakeholders. IV. Assessing financial materiality Following the impact materiality assessment of the sustainability issues listed in the short topic list, the internal stakeholder group first identified actual or potential risks and opportunities associated with each topic in a workshop setting. They then evaluated the financial risks and opportunities of the current topics in terms of financial materiality, based on time horizon, magnitude of financial impact, and the probability of occurrence, using a 6-point scale. The MFB Group currently does not apply a separate ranking system for assessing sustainability-related risks in relation to other types of risks, nor does it use dedicated risk assessment tools for this purpose. V. Summary of results, validation, subsidiary verification, and approval After the evaluation of the topics included in the short topic list assessed by internal and external stakeholders, the results were summarized. Following the evaluation of the external stakeholder survey, the obtained results were incorporated into the impact magnitude values determined during the internal stakeholder survey based on a predetermined weighting. The opinions of internal stakeholders were considered at an 80%-20% ratio compared to those of external stakeholders. Thus, by fully completing the table for the assessment of impacts, risks, and opportunities, every sustainability topic relevant to the MFB Group was evaluated. To determine the final topic list, MFB Plc established the threshold values: a value of 4 for impact materiality (on a scale of 0 to 12) and a value of 1 for financial materiality (on a scale of 0 to 5). . The determination of the threshold values was carried out using a commonly applied statistical method, the use of percentiles. According to the ESRS, any sustainability issue that exceeds the established threshold value in terms of impact or financial materiality, or both, must be considered significant. Thus, by applying the threshold values, a list of significant topics was generated. After summarizing the results, validation, subsidiary verification, and executive approval followed. For the sake of completeness, the significant topic list and the evaluation of the topics developed by MFB Plc were first validated within the subsidiary circle. During the subsidiary verification process, MFB Plc finalized its sustainability topic list through several workshops involving its subsidiaries. All subsidiaries belonging to the financial consolidated group of MFB Plc were included in the verification process, either directly or indirectly. This was followed by executive verification and final approval. Following the determination of the threshold values, the finalization of the topic list, which required executive verification, took place in a workshop setting, during which no changes were made regarding the topics previously identified as significant. At the end of the workshop, the significant sustainability topic list developed in accordance with the requirements of the ESRS standard system for the MFB Group was approved. Using the results of the first survey, starting from 2025, the future process of double materiality assessments will be developed, and the results will be integrated into general risk management processes.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 28 Material topics of MFB Group in 2024 Material topic Type of materiality Impact materiality Financial materiality 1. Climate change adaptation X 2. Climate change mitigation X 3. Energy X 4. Working conditions (own workforce) X X 5. Equal treatment and opportunities for all (own workforce) X X 6. Other work-related rights (own workforce) X X 7. Communities’ economic social and cultural rights X 8. Corporate culture X 9. Management of relationships with suppliers including payment practices X 10. Data protection and cyber security X 11. Indirect economic effects and taxation X

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 29 The list of material impacts, risks, and opportunities (IRO) of MFB Group in 2024 Material IRO Type of IRO Value chain Time horizon Upstream Own activities Downstream Short- term Medium- term Long- term E1 – Climate change Climate change adaptation Funds tied to climate change adaptation may have more favorable lending terms. Opportunity X X Climate change mitigation Funds tied to climate change mitigation may have more favorable lending terms. Opportunity X X Energy When planning the procurement of electricity necessary for the daily operation of MFB's office buildings, the criteria for the issued tenders include the objectives of procuring energy from green energy sources. These tenders do not apply to subsidiaries and are solely aimed at meeting electricity needs from green sources. Positive impact X X In its funding process, MFB utilizes external financial sources that include green or sustainability guidelines. Currently, these make up only a negligible portion of the total funding, but MFB plans to increase the proportion of green funds in the next decade. Positive impact X X A Green Office Program audited by the Követ Association has been developed for MFB's office procurements, under which the Bank prioritizes energy-efficient solutions during procurement. Positive impact X X In its financing activities, MFB places special emphasis on increasing energy efficiency in the SME sector through its newly launched dedicated loan program. Positive impact X X MFB significantly supports the improvement of companies' energy efficiency through the management and intermediation of resources provided by the European Union. Positive impact X X MFB indirectly contributes to the acceleration of climate change by financing industries that are not climate-preferred. However, these financings represent a small portion of the overall portfolio and often aim to increase energy efficiency. Negative impact X X S1 – Own workforce Working conditions Within the framework of the Human Resources Management Plan, salaries have been improved, fringe benefits have been expanded, and training and development opportunities have increased, which has a positive impact on retaining and developing the entire workforce and ensuring the necessary human resources. Positive impact X X

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 30 Material IRO Type of IRO Value chain Time horizon Upstream Own activities Downstream Short- term Medium- term Long- term Through employee welfare programs and ethical employer behavior, the MFB Group can maintain a low level of employee turnover, thereby reducing recruitment and selection costs and increasing employee efficiency. Opportunity X X A hyperinflationary economic environment may create wage increase pressure for MFB. Risk X X Equal treatment and opportunities for all MFB places a high priority on ensuring equal opportunities within the organization, with a primary focus on gender equality. As a result, there has been no significant difference in the average salaries between men and women within the same employee categories. Positive impact X X The Bank's code of conduct includes the condemnation of all forms of discrimination—based on gender, age, religion, race, political and trade union affiliation, language differences, and other distinctions—as well as the respect for the rights of persons with disabilities. Positive impact X X In terms of its own workforce, a diverse workforce holds numerous potential opportunities, which, if leveraged, can enhance the satisfaction and efficiency of MFB employees, as well as the effectiveness of the MFB Group. Opportunity X X Other work-related rights Respect for human rights is an important consideration in relation to both business partners and employees, which MFB Plc. places great emphasis on in its regulations, operations, communications, and complaint handling processes. Positive impact X X Through its employee well-being program, the MFB Group can enhance employee satisfaction and its employer reputation by supporting work-life balance, which may lead to reduced recruitment difficulties and lower costs. Opportunity X X S3 – Affected communities Communities’ economic, social and cultural rights MFB has a positive impact on the development of social equality and equal treatment through the financing activities carried out by the Student Loan Centre. Positive impact X X Through the Student Loan Centre which is part of the MFB Group, the MFB Group has been able to financially support many young people pursuing studies in higher education, vocational training, and adult education. By promoting access to education, broader social strata can participate in higher education. Positive impact X X Socially oriented loans aimed at job creation, job preservation, and alleviating unemployment (MFB Microcredit Refinancing Program, MFB Crisis Loan, MFB Crisis Loan Plus, MFB Economic Reconstruction Loan) constitute a significant Opportunity X X

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 31 Material IRO Type of IRO Value chain Time horizon Upstream Own activities Downstream Short- term Medium- term Long- term portion of MFB Plc.'s own source loan portfolio in the SME sector, and their expansion may generate additional interest income for MFB Plc.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 32 Material IRO Type of IRO Value chain Time horizon Upstream Own activities Downstream Short- term Medium- term Long- term G1 – Business conduct Corporate culture The MFB Group places special emphasis on transparency and ethical operations in terms of its corporate culture. As part of this, all employees of MFB Plc. receive compliance and ethics training, and the principles of ethical procedures include, among other things, the publication of cases and the prohibition of discrimination, thereby ensuring a transparent presentation of its own operations. The company also operates an ethics committee. Positive impact X X Management of relationships with suppliers including payment practices Procurement that takes sustainability aspects into account generally has more favorable financial terms, which positively impacts the financial situation of MFB Plc. Opportunity X X Data protection and cyber security Due to data security issues or cyberattacks, MFB Plc. may suffer significant financial losses. Risk X X Indirect economic effects and taxation A stable economic environment facilitates the operations and lending activities of MFB Plc. Opportunity X X

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 33 In addition to the summary table above, a brief description of the significant impacts, risks, and opportunities of the MFB Group will also be published in tabular form at the beginning of each chapter presenting the significant topics (II. Environmental Information, III. Social Information, IV. Governance Information). These identified significant impacts, risks, and opportunities primarily relate to the Bank’s own operations and the downstream value chain , mainly deriving from the operations, business strategy, and business model of the Banking Group, as well as its financing activities. In terms of time horizon, most of them manifest primarily in the short-term. For significant impacts, we will publish both negative and positive, as well as potential and actual impacts in order to provide a reliable and accurate picture of the sustainability-related activities of the Banking Group in our Sustainability Statement, in accordance with the ESRS requirements. The submission of the proposal presenting the results of the double materiality assessment to the Executive Board provided an opportunity for MFB Plc to identify sustainability-related strategies, goals, policies, and actions that will be created or modified in the future. Through these, the identified impacts and risks can be managed, and the opportunities can be leveraged. A decision was made regarding the development of the Bank's ESG strategy for 2024, as well as the designation of ESG goals and the necessity of a transition plan and resilience analysis, which the Bank has not yet prepared in the reporting year. The development of these will begin in 2025. The determination of the actual financial implications of these possible actions concerning current and future impacts, risks, and opportunities has not yet been carried out. At the same time, the governance processes described in Chapter 3.2 on ESG governance structure have not changed as a result of the findings from the double materiality assessment. For the subsidiaries, the integration of the results of the double materiality assessment into corporate functions will begin in 2025, along with the development of the ESG strategy and the related policies, processes, and actions. 4.3 Mandatory topic-specific disclosures independent of double materiality Based on the MFB Group's double materiality assessment, in addition to significant impacts, risks, and opportunities, further sustainability issues and topics defined in the table corresponding to Application Requirement 16 of the ESRS 1 'General Requirements' standard were identified, which the Banking Group determined to be irrelevant or not significant for a banking group primarily operating in the financial sector during their evaluation. The related mandatory ESRS requirement will be elaborated on further below. As a financial institution, the MFB Group does not engage in activities during its upstream and own operations that would have an assessable level of environmental pollution. In the lending portfolio, there may be participants from the heavy and processing industries in the downstream segment that have pollution potential; however, their proportion is marginal compared to all financed companies. Thus, pollution of water, soil, and living organisms/food sources cannot be attributed to the activities of the MFB Group, nor can the issues related to substances of concern and microplastics. In relation to these topics, the Banking Group did not conduct consultations with the affected communities during the double materiality assessment. The impacts, risks, and opportunities related to marine resources are also not considered relevant, as the Banking Group does not rely on marine resources in its activities, and there is no financing of this nature in its lending portfolio. During the examination of the portfolio, no value chain participants were identified that could impact biodiversity or ecosystems, and therefore, these topics were not subject to detailed evaluation. Identification and assessment of transition and physical risks and opportunities related to biodiversity and ecosystems, taking into account systemic risks , and no stakeholder consultation took place in relation to the topic. The MFB Group has determined that it does not have facilities in or near areas sensitive to biodiversity , and therefore, it is not necessary to implement mitigation measures related to biodiversity.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 34 The identification of significant impacts, risks, and opportunities related to resource use and the circular economy was carried out during the double materiality assessment; however, they were not included among the significant topics of the Banking Group. II. ENVIRONMENTAL INFORMATION 5. Environmental impacts of sustainable financing and funding Material topic Climate change adaptation Climate change mitigation Used standards ESRS E1 GRI G4 FS8 Introduction This chapter presents the MFB Group's indirect and direct greenhouse gas emissions and related emission reduction targets and initiatives. It also describes the integration of the MFB Group's climate change-related risks into the business model, as well as the Sustainable Finance Framework established by MFB Plc. Supported Sustainable Development Goals (UN SDG) Relevance of the material topic to the MFB Group Basis of materiality Financial materiality Impacts - Financial risks - Financial opportunities Funds tied to climate change adaptation may have more favorable lending conditions. Funds tied to climate change mitigation may have more favorable lending conditions. Management of the material topic Connection to ESG strategy The Bank's sustainable own operations Sustainable fundng and financing in line with development banking goals Corporate policies Related policies and rules of MFB Plc.: • Risk Management Policy • Risk Management Strategic Framework Document • Sustainable Finance Framework Document • ESG Strategy Related policies and rules of MKK Plc.: • Risk Management Framework • MFB Group Client Risk Acceptance Policy Priority actions Key actions of MFB Plc.: • Joining the Partnership for Carbon Accounting Financials (PCAF) • Green Office Program • Green Bond Issuance • Social Bond Issuance Key actions of the MFB Group: • Definition of Scope 1 and 2 emissions

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 35 • Definition of Scope 3 (categories 1-14) • Definition of Scope 3 financed emissions (category 15) Metrics Value of issued green bonds Value of issued social bonds Scope 1 and 2 emission rate Scope 3 (categories 1-14) emission rate Scope 3 financed emissions (category 15) rate Targets Transition plan Issuance of sustainable financing instruments Setting decarbonization targets Material topic Energy Used standards ESRS E1 GRI G4 FS8 Introduction This chapter presents the energy consumption and energy efficiency initiatives related to the MFB Group's own operations. Additionally, the chapter outlines the MFB Group's environmental financing activities, including own funded environmental financing and European Union funded environmental financing. Furthermore, it introduces the Sustainable Finance Framework established by MFB Plc. Supported Sustainable Development Goals (UN SDG) Relevance of the material topic to the MFB Group Basis of materiality Impact materiality Impacts Upstream: • When planning the procurement of electricity necessary for the daily operation of MFB's office buildings, the criteria for the announced tenders include objectives for sourcing energy from green energy sources. These tenders do not apply to subsidiaries and are solely aimed at meeting electricity needs from green sources. • A Green Office Program audited by the KÖVET Association has been developed for MFB's office procurements, under which the Bank prioritizes energy- efficient solutions during procurement. • In its funding process, MFB utilizes external financial sources that include green or sustainability guidelines. Currently, these make up only a negligible portion of the total fundraising, but MFB plans to increase the proportion of green sources in the next decade. Downstream: • In its funding activities, MFB places special emphasis on increasing energy efficiency in the SME sector through its newly launched dedicated loan program.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 36 • MFB significantly supports the improvement of companies' energy efficiency through the management and intermediation of funds provided by the European Union. • MFB indirectly contributes to the acceleration of climate change by financing industries that are not climate- preferred. However, these financings represent a small portion of the overall portfolio and often aim to increase energy efficiency. Financial risks - Financial opportunities - Management of the material topic Connection to ESG strategy The Bank's sustainable own operations Sustainable fundng and financing in line with development banking goals Corporate policies Related policies and rules of Hiventures Plc.: • Vehicle Use Policy • Organizational and Operational Rules Related policies and rules of MFB Plc.: • Sustainable Finance Framework Document • Med-Term Business Strategy • Annual Business Plan • Product Management Regulations for the Bank's Own Source Products • Instruction No. 103/2023 - "Procedural Order for Refinancing" • Instruction titled "Product Management Policy for EU- Funded Loan Products" • Rules of Procedure of the IT and Operations Directorate • Organizational and Operational Rules Related policies and rules of MFB-Property Development Plc.: • Property Management and Utilization Rules • Organizational and Operational Rules Related policies and rules of MFB Invest Plc.: • Vehicle Use Policy • Organizational and Operational Rules Related policies and rules of MKK Plc.: • CEO’s Instruction on the Procurement Procedure of MKK Plc. • Organizational and Operational Rules Priority actions Green Office Program Green Bond Issuance Social Bond Issuance

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 37 5.1 Disclosure according to the EU Taxonomy Regulation MFB Plc. states that the Sustainability Statement included in its Annual Report has been prepared in accordance with the sustainability reporting standards prescribed by the Hungarian Accounting Act (Act C of 2000), the European Sustainability Reporting Standards (ESRS), and the provisions of Article 8 of Regulation (EU) 2020/852 of the European Parliament and of the Council (EU Taxonomy Regulation). The EU Taxonomy Regulation is essential for the financial sector as it creates a new framework for assessing sustainable investments and lending. The regulation provides guidance to banks and financial institutions on how to precisely determine which activities meet the criteria for environmental sustainability. This not only requires the development of financial products but also the revision of existing procedures and data management systems to ensure compliance with the taxonomy requirements. Banks must thoroughly analyze their financing activities and disclose how their activities contribute to sustainability goals, which results in transparency and responsible financial decisions. The Taxonomy Regulation is not just a compliance obligation but also a strategic opportunity for the financial sector. Financial institutions that can adapt to the taxonomy's requirements can gain a competitive advantage in the sustainable investment market. With the increasing demand for financial products focused on sustainability, they will be able to develop more attractive offerings that not only help achieve environmental goals but also strengthen the trust of investors and clients. Furthermore, the framework provided by the taxonomy allows financial institutions to better manage climate-related risks and support the green economic transition, thereby contributing to the creation of a sustainable future. Four conditions must be met for an economic activity to be classified as environmentally sustainable. The activity: • Must be a relevant activity, meaning it must be included in the list of activities deemed most important for achieving the environmental goals set by the European Union. Relevant activities are referred to as taxonomy-eligible activities, and they are described in Delegated Acts. • Must make a significant contribution to at least one of the six environmental objectives and must meet the technical assessment criteria for substantial contributions as described in the Delegated Acts. Own funded individual financing activities supporting environmental goals EU funded financing activities supporting environmental goals Metrics Value of issued green bonds Value of issued social bonds Year-end effective capital amount or nominal value and gross book value of MFB Plc.'s individual loans and securities supporting environmental goals Value of MFB Plc.'s EU-funded disbursements and holdings promoting environmental objectives MFB Group's total energy consumption Proportion of different energy sources within total energy consumption Targets Transition Plan Issuance of sustainable financing instruments Annual equity and EU funding activities for environmental purposes according to the Business Plan

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 38 • Must not cause significant harm to other environmental objectives and must comply with the technical assessment criteria for "Do No Significant Harm (DNSH)" as described in the Delegated Acts. • Must be implemented in accordance with minimum social and governance safeguards. An economic activity that meets the four conditions is referred to as a taxonomy-aligned economic activity. The Taxonomy Regulation defines the following six environmental objectives: • climate change mitigation (CCM); • climate change adaptation (CCA); • sustainable use and protection of water and marine resources (WTR); • transition to circular economy (CE); • prevention and reduction of pollution (PPC); • protection and restoration of biodiversity and ecosystems (BIO). Article 8 of the Taxonomy Regulation (2020/852/EU) requires companies that fall under the scope of the Non-Financial Reporting Directive (2014/95/EU, NFRD) to provide information in their non- financial statements about how and to what extent their activities relate to environmentally sustainable economic activities. According to Article 1(1)(b) and (c) of the Taxonomy Regulation, financial market participants that provide financial products, as well as companies obligated to publish non-financial statements or consolidated non-financial statements under Articles 19a and 29a of the NFRD, fall under the scope of the Taxonomy Regulation. Companies that are required to disclose non-financial information under Articles 19a or 29a of the NFRD must report in their non-financial statement or consolidated non- financial statement about how their activities relate to economic activities that are considered environmentally sustainable according to Articles 3 and 9 of the Taxonomy Regulation. In the case of the MFB Group, the preparation of the report is based on exposures and balances corresponding to the prudential consolidation scope as defined in Article 18 of the Capital Requirements Regulation (575/2013/EU, CRR), in accordance with the implementation of the Taxonomy Regulation and Articles 19a and 29a of the NFRD, as specified in point 1.1.2 of Annex V of the implementing regulation (2021/2178/EU) established by the European Commission, including information related to stock and stock changes, transition and supporting activities, as well as specific and general lending. Since MFB Plc. is not subject to consolidated supervision, meaning it does not have a prudential consolidation scope, it fulfills the requirements set out in Annex V of the implementing regulation and completes the applicable forms in Annex VI based on data relevant to the Bank (on an individual basis). The following table presents the individual information of the MFB Group regarding the mandatory KPIs (Key Performance Indicators for non-financial enterprises) under the scope of the Taxonomy Regulation, which was prepared using the sample (table) published in Annex VI of the applicable implementing regulation (2021/2178/EU). The book value of the exposures is based on the reference date of 31 December 2024.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 39 Summary of the main KPIs to be published by credit institutions in accordance with Article 8 of the Taxonomy Regulation Main KPI - Green Asset Ratio (GAR) Stock Total environmentally sustainable assets (million HUF) 8,03 KPI (turnover-based, %) 0,00% KPI (CAPEX-based, %) 0,02% Coverage ratio % (relative to total asset stock) 96,74% % of assets excluded from the numerator of the GAR (Article 7(2) and (3) and Section 1.1.2 of Annex V) 84,80% % of assets excluded from the denominator of the GAR (Article 7(1) and Section 1.2.4 of Annex V) 3,26% Additional KPIs GAR (flow) Trading book* Financial guarantees Assets under management Fees and commissions income* Total environmentally sustainable activities (million HUF) 0,00 - 2,40 0,00 - KPI (turnover-based, %) 0,00% - 0,07% 0,00 - KPI (CAPEX-based, %) 0,00% - 6,21% 0,00 - % coverage (over total assets) 96,93% % of assets excluded from the numerator of the GAR (Article 7(2) and (3) and Section 1.1.2 of Annex V) 93,73% % of assets excluded from the denominator of the GAR (Article 7(1) and Section 1.2.4 of Annex V) 3,07% *Applicable after 2026 The MFB Group publishes the relevant KPIs on an individual basis since the prudential consolidation requested in point 1.1.1 of Annex V of the implementing regulation (2021/2178/EU) does not apply to the Group, as it is not subject to consolidated supervision. The published low taxonomy-aligned portfolio and KPI percentage can be attributed to the fact that the Bank currently does not have any individual green loans that meet all aspects of the taxonomy. Therefore, as part of the mandatory report, in accordance with legal compliance, we only calculated the ratios of exposures of companies falling under the scope of the "Non-Financial Reporting Directive (NFRD)" that align with the reported taxonomy, and where data was not available, ratios we considered as zero. A significant portion of the MFB Group's corporate financing is directed towards clients that do not fall under the scope of the legislation, where, on one hand, compliance with environmental goals is unknown, and on the other hand, the Bank does not currently have any individual green loans that meet all aspects of the taxonomy in this segment. The mandatory GAR Table 1, which appears in the report: Based on the assets considered for the calculation of GAR (CAPEX), the GAR KPI CapEx ratio that can be aligned with the Taxonomy Regulation exceeds 8%, while the aligned ratio is 0,02%. Further detailed continuation of the GAR tables below can be found in Annex 5 in Annexes.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 40 Table 1 of GAR: 1. Assets Considered for the Calculation of GAR (CAPEX) Million HUF a b c d e f g h i j k l m n T Publication reference date Total [gross] carrying amount Climate change mitigation (CCM) Climate change adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 439 331 268 656 698 - 538 16 19 251 - - - - - - - 2 Financial undertakings 70 579 343 - - - - 16 511 - - - - - - - 3 Credit institutions 70 579 343 - - - - 16 511 - - - - - - - 4 Loans and advances 60 949 343 - - - - 16 511 - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 41 Million HUF a b c d e f g h i j k l m n T Publication reference date Total [gross] carrying amount Climate change mitigation (CCM) Climate change adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 5 Debt securities, including UoP 9 630 - - - - - - - - - - - - - 6 Equity instruments - - - - - - - - - - - 7 Other financial corporations - - - - - - - - - - - - - - 8 of which investment firms - - - - - - - - - - - - - - 9 Loans and advances - - - - - - - - - - - - - - 10 Debt securities, including UoP relationships, along with the purpose of revenue utilization - - - - - - - - - - - - - - 11 Equity instruments - - - - - - - - - - - 12 of which management companies - - - - - - - - - - - - - - 13 Loans and advances - - - - - - - - - - - - - - 14 Debt securities, including UoP - - - - - - - - - - - - - - 15 Equity instruments - - - - - - - - - - - 16 of which insurance undertakings - - - - - - - - - - - - - - 17 Loans and advances - - - - - - - - - - - - - - 18 Debt securities, including UoP - - - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 42 Million HUF a b c d e f g h i j k l m n T Publication reference date Total [gross] carrying amount Climate change mitigation (CCM) Climate change adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 19 Equity instruments - - - - - - - - - - - 20 Non-financial undertakings 273 994 267 580 698 - 538 16 - - - - - - - - 21 Loans and advances 8 028 1 614 698 - 538 16 - - - - - - - - 22 Debt securities, including UoP 265 966 265 966 - - - - - - - - - - - - 23 Equity instruments - - - - - - - - - - - 24 Households 94 232 733 - - - - 2 252 - - - - - - - 25 of which loans collateralised by residential immovable property 648 1 - - - - - - - - - - - - 26 of which building renovation loans 14 - - - - - - - - - - - - - 27 of which motor vehicle loans - - - - - - - - - - - - 28 Local governments financing 487 - - - - - 487 - - - - - - - 29 Housing financing - - - - - - - - - - - - - - 30 Other local government financing 487 - - - - - 487 - - - - - - - 31 Collateral obtained by taking possession: residential and 39 - - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 43 Million HUF a b c d e f g h i j k l m n T Publication reference date Total [gross] carrying amount Climate change mitigation (CCM) Climate change adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling commercial immovable properties 32 Assets excluded from the numerator for GAR calculation (covered in the denominator) 3 118 067 - - - - - - - - - - - - - 33 Financial and Non- financial undertakings 2 304 328 34 SMEs and NFCs (other than SMEs) not subject to NFRD/CSRD disclosure obligations 2 304 328 35 Loans and Advances 1 549 212 36 of which loans collateralised by commercial immovable property 158 983 37 of which building renovation loans - 38 Debt securities 141 701 39 Equity instruments 613 415 40 Non-EU country counterparties not subject to NFRD/CSRD disclosure obligations -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 44 Million HUF a b c d e f g h i j k l m n T Publication reference date Total [gross] carrying amount Climate change mitigation (CCM) Climate change adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 41 Loans and advances - 42 Debt securities - 43 Equity instruments - 44 Derivatives 43 925 45 On demand interbank loans 1 035 46 Cash and cash-related assets 0 47 Other categories of assets (e.g. Goodwill, commodities etc.) 768 779 48 Total GAR Assets 3 557 398 268 656 698 - 538 16 19 251 - - - - - - - 49 Assets not covered to the calculation of GAR 119 780 50 Central governments and supranational issuers 58 293 51 Central banks exposure 61 487 52 Trading book - 53 Total assets 3 677 179 268 656 698 - 538 16 19 251 - - - - - - - Off-Balance sheet exposures - companies subject to the directive on the disclosure of non-financial information 54 Financial Guarantees 3 360 1 442 209 - 161 5 - - - - - - - - 55 Assets under management - - - - - - - - - - - - - - 56 Of which debt securities - - - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 45 Million HUF a b c d e f g h i j k l m n T Publication reference date Total [gross] carrying amount Climate change mitigation (CCM) Climate change adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 57 Of which equity instruments - - - - - - - - - - - - - - Million HUF o p q r s t u v w x z aa T Publication reference date Circular economy (CE) Pollution (PPC) Biodiversity and ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 2 463 - - - - - - - 43 - - - 2 Financial corporations 1 935 - - - - - - - 37 - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 46 Million HUF o p q r s t u v w x z aa T Publication reference date Circular economy (CE) Pollution (PPC) Biodiversity and ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 3 Credit institutions 1 935 - - - - - - - 37 - - - 4 Loans and advances 1 935 - - - - - - - 37 - - - 5 Debt securities, including UoP - - - - - - - - - - - - 6 Equity instruments - - - - - - - - - 7 Other financial corporations - - - - - - - - - - - - 8 of which investment firms - - - - - - - - - - - - 9 Equity instruments - - - - - - - - - - - - 10 Other financial corporations - - - - - - - - - - - - 11 of which investment firms - - - - - - - - - 12 Equity instruments - - - - - - - - - - - - 13 Other financial corporations - - - - - - - - - - - - 14 of which investment firms - - - - - - - - - - - - 15 Equity instruments - - - - - - - - - 16 Other financial corporations - - - - - - - - - - - - 17 Loans and advances - - - - - - - - - - - - 18 Debt securities, including UoP - - - - - - - - - - - - 19 Equity instruments - - - - - - - - - 20 Non-financial undertakings 321 - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 47 Million HUF o p q r s t u v w x z aa T Publication reference date Circular economy (CE) Pollution (PPC) Biodiversity and ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 21 Loans and advances 321 - - - - - - - - - - - 22 Debt securities, including UoP - - - - - - - - - - - - 23 Equity instruments - - - - - - - - - 24 Households 207 - - - - - - - 7 - - - 25 of which loans collateralised by residential immovable property - - - - - - - - - - - - 26 of which building renovation loans - - - - - - - - - - - - 27 of which motor vehicle loans - - - - - - - - - 28 Local governments financing - - - - - - - - - - - - 29 Housing financing - - - - - - - - - - - - 30 Other local government financing - - - - - - - - - - - - 31 Collateral obtained by taking possession: residential and commercial immovable properties - - - - - - - - - - - - 32 Assets excluded from the numerator for GAR calculation (covered in the denominator) - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 48 Million HUF o p q r s t u v w x z aa T Publication reference date Circular economy (CE) Pollution (PPC) Biodiversity and ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 33 Financial and Non- financial undertakings 34 SMEs and NFCs (other than SMEs) not subject to NFRD/CSRD disclosure obligations 35 Loans and advances 36 of which loans collateralised by commercial immovable property 37 of which building renovation loans 38 Debt securities 39 Equity instruments 40 Non-EU country counterparties not subject to NFRD/CSRD disclosure obligations 41 Loans and advances 42 Debt securities 43 Equity instruments 44 Derivatives 45 On demand interbank loans 46 Cash and cash-related assets

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 49 Million HUF o p q r s t u v w x z aa T Publication reference date Circular economy (CE) Pollution (PPC) Biodiversity and ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 47 Other categories of assets (e.g. Goodwill, commodities etc.) 48 Total GAR assets 2 463 - - - - - - - 43 - - - 49 Assets not covered for GAR calculation 50 Central governments and Supranational issuers 51 Central banks exposure 52 Trading book 53 Total assets 2 463 - - - - - - - 43 - - - Off-balance sheet exposures - companies subject to the directive on the disclosure of non-financial information 54 Financial guarantees 96 - - - - - - - - - - - 55 Assets under management - - - - - - - - - - - - 56 Of which debt securities - - - - - - - - - - - - 57 Of which equity instruments - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 50 Million HUF ab ac ad ae af T Publication reference date Total (CCM + CCA + WTR + CE + PPC + BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 290 412 698 - 538 16 2 Financial corporations 18 826 - - - - 3 Credit institutions 18 826 - - - - 4 Loans and advances 18 826 - - - - 5 Debt securities, including UoP - - - - - 6 Equity instruments - - - - 7 Other financial corporations - - - - - 8 of which investment firms - - - - - 9 Loans and advances - - - - - 10 Debt securities, including UoP - - - - - 11 Equity instruments - - - - 12 of which management companies - - - - - 13 Loans and advances - - - - - 14 Debt securities, including UoP - - - - - 15 Equity instruments - - - - 16 of which insurance undertakings - - - - - 17 Loans and advances - - - - - 18 Debt securities, including UoP - - - - - 19 Equity instruments - - - - 20 Non-financial undertakings 267 901 698 - 538 16 21 Loans and advances 1 935 698 - 538 16 22 Debt securities, including UoP 265 966 - - - - 23 Equity instruments - - - - 24 Households 3 198 - - - - 25 of which loans collateralised by residential immovable property 1 - - - - 26 of which building renovation loans - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 51 Million HUF ab ac ad ae af T Publication reference date Total (CCM + CCA + WTR + CE + PPC + BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling 27 of which motor vehicle loans - - - - - 28 Local governments financing 487 - - - - 29 Housing financing - - - - - 30 Other local government financing 487 - - - - 31 Collateral obtained by taking possession: residential and commercial immovable properties - - - - - 32 Assets excluded from the numerator for GAR calculation (covered in the denominator) - - - - - 33 Financial and Non-financial undertakings 34 SMEs and NFCs (other than SMEs) not subject to NFRD/CSRD disclosure obligations 35 Loans and advances 36 of which loans collateralised by commercial immovable property 37 of which building renovation loans 38 Debt securities 39 Equity instruments 40 Non-EU country counterparties not subject to NFRD/CSRD disclosure obligations 41 Loans and advances 42 Debt securities 43 Equity instruments 44 Derivatives 45 On demand interbank loans 46 Cash and cash-related assets 47 Other categories of assets (e.g. Goodwill, commodities etc.) 48 Total GAR assets 290 412 698 - 538 16 49 Assets not covered for GAR calculation

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 52 Million HUF ab ac ad ae af T Publication reference date Total (CCM + CCA + WTR + CE + PPC + BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling 50 Central governments and Supranational issuers 51 Central banks exposure 52 Trading book 53 Total assets 290 412 698 - 538 16 Off-balance sheet exposures – companies subject to the directive on the disclosure of non-financial information 54 Financial guarantees 1 538 209 - 161 5 55 Assets under management - - - - - 56 Of which debt securities - - - - - 57 Of which equity instruments - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 53 Table 2 of GAR: 1. Assets Considered for the Calculation of GAR (Revenue) Million HUF a b c d e f g h i j k l m n T Publication reference date Total [gross] carrying amount Climate change mitigation (CCM) Climate change adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 439 331 267 684 8 - - - 19 251 - - - - - - - 2 Financial corporations 70 579 343 - - - - 16 511 - - - - - - - 3 Credit institutions 70 579 343 - - - - 16 511 - - - - - - - 4 Loans and advances 60 949 343 - - - - 16 511 - - - - - - - 5 Debt securities, including UoP 9 630 - - - - - - - - - - - - - 6 Equity instruments - - - - - - - - - - - 7 Other financial corporations - - - - - - - - - - - - - - 8 of which investment firms - - - - - - - - - - - - - - 9 Loans and advances - - - - - - - - - - - - - - 10 Debt securities, including UoP - - - - - - - - - - - - - - 11 Equity instruments - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 54 Million HUF a b c d e f g h i j k l m n T Publication reference date Total [gross] carrying amount Climate change mitigation (CCM) Climate change adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 12 of which management companies - - - - - - - - - - - - - - 13 Loans and advances - - - - - - - - - - - - - - 14 Debt securities, including UoP - - - - - - - - - - - - - - 15 Equity instruments - - - - - - - - - - - 16 of which insurance undertakings - - - - - - - - - - - - - - 17 Loans and advances - - - - - - - - - - - - - - 18 Debt securities, including UoP - - - - - - - - - - - - - - 19 Equity instruments - - - - - - - - - - - 20 Non-financial undertakings 273 994 266 608 8 - - - - - - - - - - - 21 Loans and advances 8 028 642 8 - - - - - - - - - - - 22 Debt securities, including UoP 265 966 265 966 - - - - - - - - - - - - 23 Equity instruments - - - - - - - - - - - 24 Households 94 232 733 - - - - 2 252 - - - - - - - 25 of which loans collateralised by residential immovable property 648 1 - - - - - - - - - - - - 26 of which building renovation loans 14 - - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 55 Million HUF a b c d e f g h i j k l m n T Publication reference date Total [gross] carrying amount Climate change mitigation (CCM) Climate change adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 27 of which motor vehicle loans - - - - - - - - - - - - 28 Local governments financing 487 - - - - - 487 - - - - - - - 29 Housing financing - - - - - - - - - - - - - - 30 Other local government financing 487 - - - - - 487 - - - - - - - 31 Collateral obtained by taking possession: residential and commercial immovable properties 39 - - - - - - - - - - - - - 32 Assets excluded from the numerator for GAR calculation (covered in the denominator) 3 118 067 0 - - - - 0 - - - - - - - 33 Financial and Non- financial undertakings 2 304 328 34 SMEs and NFCs (other than SMEs) not subject to NFRD/CSRD disclosure obligations 2 304 328 35 Loans and advances 1 549 212

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 56 Million HUF a b c d e f g h i j k l m n T Publication reference date Total [gross] carrying amount Climate change mitigation (CCM) Climate change adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 36 of which loans collateralised by commercial immovable property 158 983 37 of which building renovation loans - 38 Debt securities 141 701 39 Equity instruments 613 415 40 Non-EU country counterparties not subject to NFRD/CSRD disclosure obligations - 41 Loans and advances - 42 Debt securities - 43 Equity instruments - 44 Derivatives 43 925 45 On demand interbank loans 1 035 46 Cash and cash- related assets 0 47 Other categories of assets (e.g. Goodwill, commodities etc.) 768 779 48 Total GAR assets 3 557 398 267 684 8 - - - 19 251 - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 57 Million HUF a b c d e f g h i j k l m n T Publication reference date Total [gross] carrying amount Climate change mitigation (CCM) Climate change adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 49 Assets not covered for GAR calculation 119 780 50 Central governments and Supranational issuers 58 293 51 Central banks exposure 61 487 52 Trading book - 53 Total assets 3 677 179 267 684 8 - - - 19 251 - - - - - - - Off-balance sheet exposures - Undertakings subject to NFRD disclosure obligations 54 Financial guarantees 3 360 1 152 2 - - - - - - - - - - - 55 Assets under management - - - - - - - - - - - - - - 56 Of which debt securities - - - - - - - - - - - - - - 57 Of which equity instruments - - - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 58 Million HUF o p q r s t u v w x z aa T Publication reference date Circular economy (CE) Pollution (PPC) Biodiversity and ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 2 262 - - - - - - - 43 - - - 2 Financial corporations 1 935 - - - - - - - 37 - - - - 3 Credit institutions 1 935 - - - - - - - 37 4 Loans and advances 1 935 - - - - - - - 37 - - - 5 Debt securities, including UoP - - - - - - - - - - - - 6 Equity instruments - - - - - - - - - 7 Other financial corporations - - - - - - - - - - - - 8 of which investment firms - - - - - - - - - - - - 9 Loans and advances - - - - - - - - - - - - 10 Debt securities, including UoP - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 59 Million HUF o p q r s t u v w x z aa T Publication reference date Circular economy (CE) Pollution (PPC) Biodiversity and ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 11 Equity instruments - - - - - - - - - 12 of which management companies - - - - - - - - - - - - 13 Loans and advances - - - - - - - - - - - - 14 Debt securities, including UoP - - - - - - - - - - - - 15 Equity instruments - - - - - - - - - 16 of which insurance undertakings - - - - - - - - - - - - 17 Loans and advances - - - - - - - - - - - - 18 Debt securities, including UoP - - - - - - - - - - - - 19 Equity instruments - - - - - - - - - 20 Non-financial undertakings 120 - - - - - - - - - - - 21 Loans and advances 120 - - - - - - - - - - - 22 Debt securities, including UoP - - - - - - - - - - - - 23 Equity instruments - - - - - - - - - 24 Households 207 - - - - - - - 7 - - - 25 of which loans collateralised by residential - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 60 Million HUF o p q r s t u v w x z aa T Publication reference date Circular economy (CE) Pollution (PPC) Biodiversity and ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling immovable property 26 of which building renovation loans - - - - - - - - - - - - 27 of which motor vehicle loans - - - - - - - - - 28 Local governments financing - - - - - - - - - - - - 29 Housing financing - - - - - - - - - - - - 30 Other local government financing - - - - - - - - - - - - 31 Collateral obtained by taking possession: residential and commercial immovable properties - - - - - - - - - - - - 32 Assets excluded from the numerator for GAR calculation (covered in the denominator) - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 61 Million HUF o p q r s t u v w x z aa T Publication reference date Circular economy (CE) Pollution (PPC) Biodiversity and ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 33 Financial and Non-financial undertakings 34 SMEs and NFCs (other than SMEs) not subject to NFRD/CSRD disclosure obligations 35 Loans and advances 36 of which loans collateralised by commercial immovable property 37 of which building renovation loans 38 Debt securities 39 Equity instruments 40 Non-EU country counterparties not subject to NFRD/CSRD disclosure obligations 41 Loans and advances

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 62 Million HUF o p q r s t u v w x z aa T Publication reference date Circular economy (CE) Pollution (PPC) Biodiversity and ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 42 Debt securities 43 Equity instruments 44 Derivatives 45 On demand interbank loans 46 Cash and cash- related assets 47 Other categories of assets (e.g. Goodwill, commodities etc.) 48 Total GAR assets 2 262 - - - - - - - 43 - - - 49 Assets not covered for GAR calculation 50 Central governments and Supranational issuers 51 Central banks exposure 52 Trading book 53 Total assets 2 262 - - - - - - - 43 - - - Off-Balance Sheet Exposures - Companies Subject to the Directive on the Disclosure of Non-Financial Information 54 Financial guarantees 36 - - - - - - - - - - - 55 Assets under management - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 63 Million HUF o p q r s t u v w x z aa T Publication reference date Circular economy (CE) Pollution (PPC) Biodiversity and ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 56 Of which debt securities - - - - - - - - - - - - 57 Of which equity instruments - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 64 Millio HUF ab ac ad ae af T Publication reference date Total (CCM + CCA + WTR + CE + PPC + BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 289 240 8 - - - 2 Financial corporations 18 826 - - - - 3 Credit institutions 18 826 - - - - 4 Loans and advances 18 826 - - - - 5 Debt securities, including UoP - - - - - 6 Equity instruments - - - - 7 Other financial corporations - - - - - 8 of which investment firms - - - - - 9 Loans and advances - - - - - 10 Debt securities, including UoP - - - - - 11 Equity instruments - - - - 12 of which management companies - - - - - 13 Loans and advances - - - - - 14 Debt securities, including UoP - - - - - 15 Equity instruments - - - - 16 of which insurance undertakings - - - - - 17 Loans and advances - - - - - 18 Debt securities, including UoP - - - - - 19 Equity instruments - - - - 20 Non-financial undertakings 266 729 8 - - - 21 Loans and advances 763 8 - - - 22 Debt securities, including UoP 265 966 - - - - 23 Equity instruments - - - - 24 Households 3 198 - - - - 25 of which loans collateralised by residential immovable property 1 - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 65 Millio HUF ab ac ad ae af T Publication reference date Total (CCM + CCA + WTR + CE + PPC + BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling 26 of which building renovation loans - - - - - 27 of which motor vehicle loans - - - - - 28 Local governments financing 487 - - - - 29 Housing financing - - - - - 30 Other local government financing 487 - - - - 31 Collateral obtained by taking possession: residential and commercial immovable properties - - - - - 32 Assets excluded from the numerator for GAR calculation (covered in the denominator) - - - - - 33 Financial and Non-financial undertakings 34 SMEs and NFCs (other than SMEs) not subject to NFRD/CSRD disclosure obligations 35 Loans and advances 36 of which loans collateralised by commercial immovable property 37 of which building renovation loans 38 Debt securities 39 Equity instruments 40 Non-EU country counterparties not subject to NFRD/CSRD disclosure obligations 41 Loans and advances 42 Debt securities 43 Equity instruments 44 Derivatives 45 On demand interbank loans 46 Cash and cash-related assets

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 66 Millio HUF ab ac ad ae af T Publication reference date Total (CCM + CCA + WTR + CE + PPC + BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling 47 Other categories of assets (e.g. Goodwill, commodities etc.) 48 Total GAR assets 289 240 8 - - - 49 Assets not covered for GAR calculation 50 Central governments and Supranational issuers 51 Central banks exposure 52 Trading book 53 Total assets 289 240 8 - - - Off-balance sheet exposures - companies subject to the directive on the disclosure of non-financial information 54 Financial guarantees 1 188 2 - - - 55 Assets under management - - - - - 56 Of which debt securities - - - - - 57 Of which equity instruments - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 67 The mandatory GAR Table 1, which appears in the report: Based on the assets considered for the calculation of GAR (CAPEX), the proportion of financial enterprises' portfolios that are eligible the taxonomy exceeds 26%. For non-financial enterprises, the same ratio is 97,78%, while the proportion of exposures aligned with the Taxonomy Regulation is 0,02%. Methodologically, this is the ratio of the total amount of all environmental credit objectives that can be aligned or are aligned with the Taxonomy Regulation to the individual bank's gross exposure amount relevant to that line in the Credit Institutions GAR table. Nuclear and fossil fuel related activities and tables regarding these topics are presented in Table 15 of GAR in Annex 5. Overall, the KPI indicators in the mandatory report do not fully reflect the MFB Group's efforts in sustainable financing. In recent years, the Bank has built a green asset portfolio (green loans and bonds) that, while not yet meeting all the conditions expected by the Taxonomy (i.e. DNSH compliance), complies with the conditions of green/sustainable finance frameworks according to international standards, prepared by the Bank itself or by its clients. This portfolio will be presented in Chapter 5.4. 5.2 Development of a business model that facilitates climate change mitigation and adaptation The following subsections are intended to present the development of a business model that facilitates climate change mitigation and adaptation, highlighting MFB Plc.'s role in integrating environmental risks and achieving sustainability goals. MFB Plc. also seeks to contribute to sustainable development through its risk management policy. This chapter will also provide a detailed overview of the resilience assessments conducted by MFB Plc., which are based on the PACTA (Paris Agreement Capital Transition Assessment) and the recommendations of the European Investment Bank, as well as the Transition Plan that the Bank aims to develop, which will be based on the methodology of the Partnership for Carbon Accounting Financials (PCAF) and the 2024 GHG Scope 3 calculation. 5.2.1 Integration of climate change-related risks into the business model MFB Plc., as a key member of the MFB Group, considers its climate change-related liquidity risks to be of moderate significance, and therefore has begun to integrate these risks into its business processes. The Bank's risk management policy and strategic risk management framework document include exposure to environmental risks based on the principle of double materiality (the impact of risks on the Bank and the environmental impacts of the Bank's business activities), as well as the risk-driver concept (the nature of sustainability risks influencing traditional risks). MFB Plc. has begun identifying transitional and physical environmental risks related to its activities in accordance with international standards, currently using a qualitative approach that focuses on short- and medium-term impacts, particularly in one or two key areas of its business activities, such as the corporate loan portfolio. The Bank has not yet identified quantitative scenarios related to climate-related physical risks, and therefore has not conducted relevant upstream and downstream risk analyses. In addition to examining its own operations, MFB Plc. has also begun mapping the exposure of its credit instruments to environmental risks, broken down by industry and associated with industry averages. The quantification of environmental risk exposure is not yet comprehensive for all significant business areas or geographical regions. The qualitative analysis of the environmental risks faced by the Bank's clients, as well as the assessment of clients' contributions to environmental sustainability (according to the principle of double materiality), is also part of the process. The results of the environmental risk assessment significantly modify client and partner rating evaluations, all supported by methodological backing. The environmental risk analysis is conducted within the Bank under a unified framework supported by regulations.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 68 5.2.2 Climate risks and strategy Resilience assessment The resilience assessment of MFB Plc.'s strategy and business model in relation to climate change has been prepared based on the recommendations of PACTA and the European Investment Bank. The scope of the assessment covers the sectors that are most at risk from an ESG perspective and those with the highest environmental risk exposure. As part of the ICAAP cycle (the internal assessment process for capital adequacy), the Bank annually reviews stress scenarios triggered by external and internal conditions within a dedicated process. These scenarios are based on the combined impacts of multiple parameters and simulate sufficiently severe negative impacts from the institution's perspective, while their occurrence remains realistically probable. The subsidiaries do not have resilience assessments. According to the Bank's current practice, the resilience assessment focuses solely on transition risks, while the incorporation of physical risks is included in the development plans for the years 2025 and 2026. In 2024, the Bank conducted a Group-level Scope 3 calculation, which included an assessment of emissions related to the financed portfolio. The Scope 3 calculation, along with the revised Scope 1 and Scope 2 calculations according to ESRS requirements, will also serve as the basis for the Transition Plan to be prepared in 2025. The calculation of the corporate-level carbon footprint and the data collected during the Transition Plan are prerequisites for the quantitative analysis planned for 2026, which primarily focuses on property collateral. This process enables the Bank to conduct a resilience assessment in the future that includes not only transition risks but also physical risks. An area for further development in the resilience assessment is the precise mapping of the impacts of climate change, which will be based on the analysis of property collateral. The Bank does not conduct an analysis on how to align its strategy and business model with climate change in the short, medium, and long term based on the results of the resilience analysis. The MFB will assess the possibilities of incorporating physical risks into this. In accordance with legal requirements and management expectations, the Strategic Risk Management Directorate (SKI), the Controlling and Business Intelligence Directorate, and the Financial Support Center Directorate, in collaboration, conducted the Bank's credit risk, market risk, and liquidity risk stress tests in May 2024, following a specified methodology for stress testing. MFB Plc.'s business strategy for the period from 2022 to 2030 was approved in December 2021. According to this strategy, MFB Plc.'s primary mission is to fulfill the ‘classic’ development banking functions, namely to address financing gaps and support long-term economic development without continuous financial intervention from the State, within a long-term business model. In the stress testing process, the Bank used the approved plan figures valid for 2024 and forecasts derived from MFB Plc.'s mission, strategy, and long-term objectives as the baseline. To prepare the stress tests, a baseline and stress scenario was developed for the years 2024-2026 based on certain assumptions. The plans for 2025-2026 were not discussed by the Bank's decision-making bodies; they were created solely for the stress test. The stress testing process began with an overview of the economic and legal environment, along with quantitative and qualitative analyses, which led to the development of eight different stress scenarios covering all credit risk exposures, each containing varying assumptions of severity. In addition to system-level stress scenarios affecting the entire economy, several unique, institution-specific stress scenarios were identified. In modeling the shock effects, it was examined how the occurrence of these scenarios would modify the Bank's risk profile, liquidity position, and profitability, as well as their impact on capital adequacy. The Bank has defined stress scenarios of varying severity and time horizons, among which the impact of climate-related and environmental risk exposures' physical and transition risks in the short- and medium-term (climate stress test) specifically addresses environmental impacts. Based on the recommendations of PACTA and the European Investment Bank, the Bank has identified the sectors most exposed to climate change and environmental risk exposures, marked in red according to our limit

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 69 classification, which are the most risky from an ESG perspective. Climate-related and environmental risk exposures currently exert only modest negative impacts in the short-term, but even these limited impacts turn the results negative every year during the examined period. The overall deterioration in results amounts to 27,0 billion HUF. Physical risks were not included in the resilience assessment for the year 2024; their incorporation is a development goal set for the period of 2025-2026. The Bank has prepared a Recovery Plan in accordance with Section 114 of the Act on Credit Institutions, which provides an action plan in the event of materializing of risks identified in the resilience assessment. The Recovery Plan outlines the main risks and impacts that may require the implementation of the measures described in the Plan to maintain the Bank's uninterrupted operation, taking into account the characteristics of the Bank's mission and business model. Additionally, it provides an overview of the Bank's total recovery capacity and its overall ability to address its financial situation after significant deterioration has occurred. The Recovery Plan also defines trigger levels and emergency intervention thresholds, as well as a communication plan that comes into effect when specific recovery actions are implemented. As the resilience assessment expands to include physical risks, the Recovery Plan will also be updated. Transition Plan The MFB Group currently does not have a Transition Plan at either the group level or the subsidiary level. The development of the Transition Plan by MFB Plc., including the determination of related financing activities and directions, will take place in 2025 and is expected to be presented in the 2026 Sustainability Statement. The Transition Plan will be prepared based on the results achieved during the 2024 GHG Scope 3 calculation, which will incorporate the PCAF methodology, and the implementation of the integration of ESG risks into risk management and lending processes, as well as the ESG Strategy that will be established by the end of 2024. The GHG emission targets currently acceptable by MFB Plc. are included in its ESG Strategy approved in 2024. In the coming years, alongside qualitative commitments, quantitative targets will also be set. MFB Plc., taking into account the MNB Green Recommendation regarding climate change and environmental sustainability objectives, will develop a Carbon Neutrality Plan using the results of the 2024 Group-level GHG calculation. The carbon neutrality plan aims to reduce and offset the Bank's direct and indirect (Scope 1, 2, 3 – including financed emissions) GHG emissions to near zero. MFB Plc. follows the EU reference indicators aligned with the Paris Agreement, and its efforts are consistent with the objective stated in Article 2(1)(c) of the Paris Agreement, which states that "the flow of financial resources should be consistent with efforts to reduce GHG emissions to lower levels and to enhance resilience to climate change". In light of the commitment to Global Climate Policy Action under the Paris Agreement, the European Green Deal, and the commitments of the Hungarian Government, MFB Plc. aims to achieve the net-zero emissions target by 2050. In order to achieve the sustainability goals defined in MFB Plc.'s Med-Term Business Strategy and ESG Strategy, several tools and measures have been identified to mitigate climate change and reduce the company's GHG emissions, which form the foundational pillars of the emerging Transition Plan: The Green Office Program has been launched in the Bank's own operations, which helps achieve lower emissions in office spaces. The details of the Program will be presented in full detail in Chapter 6.1 Energy Consumption. In addition to its own operations, MFB Plc. also supports the achievement of decarbonization goals along its downstream value chain through the distribution of EU sustainability products, the development of its own sustainability products and programs, direct green lending, and providing guarantees. These programs are highlighted by MFB Plc. in its Medium-Term Business Strategy, emphasizing the fulfillment of sustainability and emission reduction goals, and articulating a general objective for sustainability to be increasingly integrated into existing banking organizations, processes, and products. Additionally, MFB Plc. aims to increase the proportion of financing in its portfolio that

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 70 aligns with the EU Taxonomy and to develop products that comply with the EU Taxonomy. Further information regarding the taxonomy can be found in Chapter 5.1. In compliance with the ESRS requirements, the Bank has also categorized its significant capital expenditures related to economic activities associated with coal, oil, and gas, based on the activity codes of its clients and users. In the categorization of the provided data, the Commission (EU) 2023/2772 Delegated Regulation, which supplements the 2013/34/EU directive of the European Parliament and Council regarding sustainability reporting standards, was taken into account. According to the provisions outlined in the relevant ESRS E1 E1-1 16 f), the following activity codes were considered: (a) B.05 Mining of coal and lignite, B.06 Extraction of crude petroleum and natural gas (limited to crude petroleum), B.09.1 Support activities for petroleum and natural gas extraction (limited to crude petroleum); (b) C.19 Manufacture of coke and refined petroleum products; (c) D.35.1 Electric power generation, transmission and distribution; (d) D.35.3 Steam and air conditioning supply y (limited to coal-fired and oil-fired power and/or heat generation);(e) G.46.71 Wholesale of Solid, Liquid, and Gaseous Fuels and Related Products (limited to solid and liquid fuels). For gas-related activities, the determination of the NACE code applies to those activities where direct GHG emissions exceed 270 g CO2/kWh. In the execution of the detailed categorization, the Bank considered the main activity codes of clients and end-users related to the financing portfolios existing as of 31 December 2024, available in the Bank's lending system, as well as the targeted activity codes of all financed investments according to the TEÁOR'08 structure. This ensures transparency and comprehensiveness, meaning that not only the amount of financing of enterprises operating in the designated sectors, but also the amount of financing provided to all other enterprises (operating in the whole spectrum of sectors) financed by MFB Plc. for investments in the sectors mentioned. Additionally, in the case of financing gas-related economic activities, contrary to the aforementioned stipulation (above 270 g CO2/kWh), all gas-related activities are included, which also prioritizes transparency and comprehensiveness. Based on these categorizations, the portfolios existing as of 31 December 2024 and the disbursements made during the period of 1 January 2024 to 31 December 2024 are as follows: Portfolio existing as of 31 December 2024 Gross book value (million HUF) % of the TOTAL Coal-related economic activities 42 573 2,49% Oil-related economic activities 2 749 0,16% Gas-related economic activities 39,9 0,00% Total 45 363 2,65% Percentage of TOTAL 2,65% TOTAL* 1 712 237 * Direct + refinanced loans included in the balance sheet (excluding employee loans) 2024.01.01-2024.12.31. Disbursement (million HUF) % of the TOTAL Coal-related economic activities 1 009 0,17% Oil-related economic activities 2 634 0,45% Total 3 645 0,62% Percentage of TOTAL 0,62% TOTAL* 584 791 *Direct + refinanced loans included in the balance sheet (excluding employee loans)

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 71 As of 31 December 2024, only 2,65% of the total portfolio of MFB Plc. consists of financing related to fossil fuels, which presents a realistic picture in relation to the Bank's development bank role. Additionally, in 2024, a total of 3,64 billion HUF was disbursed in connection with transactions related to fossil fuels, which accounted for only 0,62% of MFB Plc.'s total disbursements for the year 2024. 5.3 Sustainable funding In its development banking activities, MFB Plc. raises its funds from both domestic and international money and capital markets, which is essential for establishing the operational background of the Bank. The Bank primarily finances its operations through the issuance of securities representing credit relationships, as well as by taking interbank, bilateral, and club loans. Additionally, it obtains loans with favorable conditions, usually for specific purposes, from international development institutions. In 2024, MFB Plc. raised 612 billion HUF in medium- and long-term resources. The Bank's main goal is to regularly issue bonds in international capital markets and to appear in foreign markets at least once a year. The two fundamental pillars of the fundraising activity are the state guarantee established by law and international credit ratings. MFB Plc. has had its own credit ratings from Moody's since 2003 and has also been rated by Fitch Ratings since 2013, which is related to its entry into the dollar market. The Bank's credit rating as a state-backed borrower is closely linked to the rating of the Hungarian State. The implementation of sustainability considerations is an integral part of the fundraising activity and is presented as a key strategic objective alongside increasing the overall volume of fundraising. To this end, in 2023, with the support of international advisors for the Bank's fundraising activities, the Sustainable Finance Framework of MFB Plc. (hereinafter referred to as the Framework) was established in accordance with international standards (e.g., International Capital Market Association, Loan Market Association) and market practices. In relation to the Framework, an independent rating opinion (Second- Party Opinion, SPO) was also issued in 2023, in which one of the world's leading rating agencies, Morningstar Sustainalytics, confirmed that MFB Plc. meets the expectations outlined in international standards and market practices regarding the content of eligibility criteria, internal processes, and related procedures. With the Framework, the Bank aims to enable MFB Plc. or its subsidiaries to issue sustainable financing instruments for the financing and refinancing of projects that facilitate the transition to a low-carbon and climate-resilient economy and/or have a positive social impact, as well as to alleviate social issues. The MFB Group is committed to promoting sustainable business activities in Hungary's industrial sectors. By issuing sustainable financing instruments, MFB Plc. ensures increased transparency for the financed projects and assets that provide environmental and social benefits. The Bank aims to encourage further investments in environmentally and socially sustainable assets, which will help achieve the commitments outlined in the Paris Agreement and the United Nations Sustainable Development Goals. The Framework manages the Bank's green and social financing targets related to sustainability and funding in a unified structure (primarily loan and bond issuances, but equity investment products may also be considered), including both the so-called eligibility categories for green and social purposes and exclusions. The Framework specifies the range of loan objectives that can be included in sustainable financing, the eligibility categories, and the associated environmental, social, and governance metrics and indicators. The environmental loan objectives outlined in the Framework correspond to economic activities defined as sustainable economic activity under the EU Taxonomy or environmental objectives under the EU Taxonomy. In accordance with the applied international standards, the full compliance with the conditions specified in the Taxonomy (e.g., DNSH and MSS - Minimum Social Safeguards) is not mandatory in the Framework. The financings realized under the Framework can currently be considered as taxonomy-aligned economic activities. Through the Sustainable Finance Framework, the Bank has the opportunity to finance the following objectives defined according to the eligibility categories of the referenced standards: green residential

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 72 and commercial buildings, clean transportation, sustainable water management, energy efficiency, renewable energy, sustainable management of biodiversity and land areas, as well as access to education, employment generation, support for micro, small, and medium-sized enterprises, and access to healthcare. The Sustainable Finance Committee of MFB Plc. is responsible for the evaluation and selection of projects, ensuring that they meet the sustainability criteria defined in the Framework. The selected projects must directly contribute to the United Nations Sustainable Development Goals (SDGs). Annual Allocation and Impact Assessment Reports are prepared regarding the allocation of resources (the size of the portfolio eligible for allocation and its distribution among the various eligibility categories) and the environmental and social impacts of the projects. These reports detail how the resources from the issued sustainable financing instruments were utilized and what specific impacts were achieved. The Pre-Issuance Allocation Report, prepared before the Bank's first green and social bond issuances in 2024, certified by an independent external auditor, is available among the published documents on the Bank's official website. The first Allocation and Impact Assessment Report will be published in 2025. The independent rating opinion can be found among the published documents on MFB Plc.'s official website. The Bank considers the green and social eligibility categories of the MFB Sustainable Finance Framework, which is to be reviewed every two years, as guiding for the Bank's strategic directions in sustainable financing. MFB Plc. strives to filter out potential negative risks and impacts during the preliminary analysis of each financing transaction. In March 2024, MFB Plc. executed its first green bond issuance worth 10,8 billion HUF. In April 2024, it also successfully issued social bonds, raising 24,47 billion HUF to finance projects that have a positive social impact (supporting global climate goals and alleviating social issues and inequalities). In addition to defining sustainability goals within the Framework, the Bank actively collaborates with international multilateral/supranational financial institutions, such as the European Investment Bank (EIB) and the Council of Europe Development Bank (CEB). During these collaborations, particular attention is paid to integrating their environmental and social policies, as well as sustainability guidelines, into their lending programs. These guidelines are in line with national and European Union regulations (e.g., EU Taxonomy), thereby ensuring that the investments financed have a tangible positive environmental and social impact through compliance with these guidelines and international standards. 5.4 Own funded financing supporting environmental goals The following subsections focus on the detailed analysis of own funded individual transactions and the environmental activities supported by subsidiaries, highlighting the role of financial institutions in promoting environmental sustainability. Through the sustainable financing objectives outlined in MFB Plc.'s business strategy, the Bank is committed to contributing to the increase of positive environmental and social impacts through its financing activities. By applying the GRI G4 standards for financial services, the Bank is able to transparently present the environmental benefits contributed by its sustainable financing activities. This chapter will provide a detailed overview of the green loans, bonds, and guarantees offered by the Bank based on its own Framework or the green finance frameworks established by its clients that comply with international standards, as well as their impact on achieving environmental goals, including the financing of renewable energy sources and green buildings. 5.4.1 Financing of individual transactions MFB Plc. implements its sustainable financing objectives outlined in its business strategy through its financing activities. Below, an overview of the Bank's individual exposures in the form of loans, bonds, and guarantees will be provided, demonstrating how the Bank's financing supports the realization of

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 73 increasing positive environmental and social impacts. This chapter will focus on the financing activities related to environmental impacts. The GRI G4 sector-specific standard for financial services includes disclosures that enable financial organizations to report on the key aspects of their sustainability performance that are relevant to the financial services sector. Within this framework, the Bank Group applies the GRI G4 FS8 indicator, which measures the monetary value of products and services that provide environmental benefits, broken down by business segment and purpose, to demonstrate MFB Plc.'s role in economic stimulation. The GRI G4 FS8 indicator assesses the financial value of products and services that specifically provide environmental benefits, broken down by individual business segments. This indicator measures the significance of funds with an environmental focus within the organization's overall portfolio, highlighting its capacity for innovation in developing new products or services that offer environmental benefits. The indicator excludes asset management; however, the reporting organization must identify specific products and services that are environmentally focused, such as green mortgages or sustainable investment funds, and clarify how these offerings provide environmental benefits. The reporting requirements include disclosing the total financial value of environmental products and services by business segment, as well as the ratio of this value to the total value of products and services within each segment. Environmental products and services are those specifically designed to address environmental issues, including solutions aimed at renewable energy and water conservation. In case of the GRI G4 FS8 indicator, which measures the monetary value of products and services that provide environmental benefits, broken down by business segment and purpose, MFB Plc. presents its activities based on its equity loan programs and the environmental impacts of European Union financial instruments. The Bank has applied the following definitions to determine the data related to its equity loans supporting environmental goals. Sustainable Finance Framework: A condition system based on internationally accepted standards, such as those from the International Capital Market Association (hereinafter referred to as ICMA) and the Loan Market Association (hereinafter referred to as LMA), which includes the green and social focus deployment objectives related to MFB Plc.'s sustainability-related fundraising. The environmental objectives supported by MFB Plc.'s Framework, as well as its individual loans and securities representing credit relationships that can be aligned with the EU Taxonomy, can be categorized as follows: Green (residential and commercial) buildings: Financing and/or refinancing the construction, purchase, and renovation of new and/or existing buildings defined in MFB Plc.'s Sustainable Finance Framework (and compliant with international standards), which meet at least one of the following criteria: 1. Buildings constructed before 31 December 2020, with an "A" energy rating (energy performance certificate, EPC). 2. Buildings constructed before 31 December 2020, that fall within the top 15% of the national building stock in terms of primary energy demand (PED). 3. Buildings constructed after 31 December 2020, whose energy performance is at least 10% better than the local market threshold for nearly zero-energy buildings (NZEB). 4. Buildings where the renovation resulted in at least a 30% reduction in primary energy demand. 5. Renovated buildings that meet the criteria for significant renovations according to valid building regulations. 6. New, existing, or renovated commercial buildings that have at least one of the following certifications: a) BREEAM "Very Good" or higher b) LEED "Gold" or higher

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 74 c) DGNB "Gold" or higher d) HQE "Excellent" or higher. Utilization of renewable energy: Related to the renewable energy utilization defined in MFB Plc.'s Sustainable Finance Framework (and compliant with international standards): a) Financing and/or refinancing of the equipment's development, manufacturing, construction, operation, or maintenance: 1. Solar energy: Facilities operating with photovoltaic (PV), concentrated solar power (CSP), and solar thermal energy. 2. Wind energy: Onshore and offshore wind energy generation facilities and other new technologies. 3. Bioenergy: Projects aimed at the anaerobic digestion of organic waste, resulting in the production and energy utilization of biogas (electricity and heat generation). Energy crops and non-waste feedstocks are not included. 4. Geothermal energy: Geothermal power plants whose lifecycle emissions are less than 100 g CO2e/kWh. b) Infrastructure supporting the transmission, distribution, and storage of renewable energy. Corporate green bond: Exposure resulting from the purchase of corporate green bonds issued under a Framework that complies with one of the environmental sustainability financing guidelines defined in the Green Bond Principles, the Climate Bonds Standards, or the European Green Bond Standards, in which the issuer ensures compliance with the standards of the green bond framework, as verified by a Second Party Opinion (SPO). Green Mortgage Bond: Exposure resulting from the purchase of green mortgage bonds issued under a Framework that complies with one of the environmental sustainability financing guidelines defined in the Green Bond Principles or the Climate Bonds Standards, in which the issuer ensures that compliance with the standards of the green bond framework is certified by an external, independent party (SPO) . At MFB Plc., individual financings according to sustainability loan objectives are realized in terms of green loan objectives in alignment with the EU Taxonomy, or under the Sustainable Finance Framework established by the Bank that also follows the environmental goals of the EU Taxonomy according to international standards, or based on the frameworks established by individual corporate clients, which are also developed according to international standards. The year-end effective capital amount or nominal value, as well as the gross book value of MFB Plc.'s individual loans supporting environmental goals, securities representing credit relationships, and provided guarantees (million HUF) Category 31 December 2024 - Effective capital / Book value / Nominal value (million HUF)* 31 December 2024 - Gross book value (million HUF) Utilization of renewable energy 18 467,10 19 031,16 Green properties 31 053,95 30 954,72 Green guarantees 68 679,26 68 679,26 Green corporate bonds 94 270,18 92 262,84 Green mortgage bonds 6 264,28 6 096,99

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 75 *: In the case of loans granted for the utilization of renewable energy or the financing of green properties, the effective capital is presented in the first column of the table, while for corporate bonds and mortgage bonds, the nominal value is indicated. For guarantees, their book value is included in the table. In the data reporting related to MFB Plc.'s own funded loan programs, the utilization of renewable energy in the published table corresponds to the "Renewable energy" green eligibility category found in MFB Plc.'s Sustainable Finance Framework, while green properties correspond to the "Green (residential and commercial) buildings" green eligibility category, which encompasses the Bank's projects aimed at green (residential and commercial) properties and renewable energy utilization. The total value of these projects reached 49 985,88 million HUF by the end of 2024. The stock of guarantees issued by MFB that corresponds to commercial bank loans provided for green loan objectives under the corporate clients' own frameworks with SPO certification, as well as commercial bank bond purchases, reached 68 679,26 million HUF in 2024. The volume of corporate green bonds issued under a Framework that complies with one of the environmental sustainability financing guidelines defined in the Green Bond Principles, the Climate Bonds Standards, or the European Green Bond Standards was 92 262,84 million HUF in 2024. Among the transactions considered green according to the issuer's own framework for 2024 and based on the expectations of current international standards, green mortgage bonds purchased for liquidity management purposes amount to 6 096,99 million HUF. (The mortgage bonds were issued under the issuer's Mortgage Bank SPO-rated framework). The establishment and implementation of the Bank's own funded loan programs aimed at environmental goals are regulated by several corporate directives. The development of equity loan programs is carried out based on the Bank's Regulation No. 4/2023 - "Product Management Regulations for the Bank's Own Source Products," and is also guided by Regulation No. 103/2023 - "Procedural Order for Refinancing." The execution of the requirements set forth in these regulations is primarily the responsibility of the Refinancing, Standard Lending, and Business Development Directorate. The Bank pursues the objectives related to its equity loan programs supporting environmental goals in accordance with those defined in its Medium-Term Business Strategy and the goals set out in the annual Business Plan. 5.4.2 Presentation of subsidiaries' activities supporting environmental goals Currently, neither Hiventures Plc. nor MFB Invest Plc. has any declared financing/investment activities supporting social or environmental goals, nor do they have any commitments in their thematic funds or investment policies. Along Hiventures Plc.'s value chain, the number of startups fitting into the ESG sector (environmental awareness, sensitization, impact) is increasing in its portfolio (~30), which have received approximately 5 billion HUF in investments over the years. For example, one company developing refillable aerosol deodorants and associated dispensers supports environmental goals by reducing the environmental burden associated with the creation of bottles. Another company focuses on the distribution and contract manufacturing of disposable, environmentally friendly restaurant packaging, dishes, and cutlery. Additionally, there is a company that supports environmental goals by developing solar-powered sidewalks and other panels and systems. MFB Invest Plc. is also a co- financer/investor in several capital and real estate funds that comply with the European Union's SFDR regulation, which aims to promote investments with environmental and social characteristics and is also a co-investor in the Impact Ventures III Fund, which focuses on technology-based sectors. MFB- Property Development Plc. and MKK Plc. do not engage in financing activities, and therefore do not have any financing supporting environmental goals.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 76 5.5 European Union financial instruments supporting environmental goals 5.5.1 Presentation of the results supporting environmental goals from the European Union's 2014- 2020 and 2021-2027 programming periods MFB Plc. carries out the financing activities described in Chapter 2.3 Strategic Goals and Business Model, which also includes the management of European Union funds. In this context, MFB Plc. has been designated as the entity implementing the holding fund for the 2021-2027 EU programming period, thus the Bank is responsible for coordinating the implementation of EU support in the form of financial instruments. As a result, in 2024, the announcement of loan programs related to the 2021-2027 EU programming period also took place. The Bank also intermediates financial instruments for loan purposes that originate from European Union sources and support environmental goals. MFB Plc. presents its 2024 environmental financing activities from European Union sources in the following table using the GRI G4 FS8 indicator. In this context, the definition formulated by the Bank for presenting environmental benefits is as follows: The total of disbursements related to developments that are realized with European Union funding or (co-)financing, which have direct, indirect, and cascading positive environmental impacts (e.g., increasing the energy efficiency of residential buildings and the application of renewable energy sources related to residential buildings) concerning the entire society or a part of it living in economically disadvantaged regions. When referring to micro, small, and medium-sized enterprises, the Bank means: economic entities that qualify as domestic companies, having their registered office in Hungary or having a branch in Hungary with their registered office in the European Economic Area, which are classified as micro-, small-, or medium-sized enterprises according to Annex I of Commission Regulation 651/2014/EU. The aggregated value of EU-funded disbursements and portfolios promoting green goals (million HUF) related to Environmental ESG objectives 2021-2027 programming period 2014-2020 programming period Disbursed resources (31 December 2024) (million HUF) 742,17 128 061,66 Number of projects (pcs) 217 27 280 The data presents the disbursements and portfolio values of EU-funded loan programs mediated by MFB Plc. during the 2014-2020 and 2021-2027 programming periods. The RRF-REP-10.13.1-24 announced under the Recovery and Resilience Plan, or the Home Renovation Program, was announced as a combined loan program, consisting of a refundable and a non-refundable portion. The disbursement related to the refundable portion was provided by the Bank as a holding fund in the amount of 320,75 million HUF, while the disbursement for the non-refundable amounted to 421,42 million HUF. In relation to the 2014-2020 programming period, in 2024, the Bank's loan programs promoting environmental goals, specifically the Economic Development and Innovation Operational Programme GINOP-8.4.1/B-16 - SME Energy Loan Program, as well as the Programme for increasing the energy efficiency of residential buildings and the use of renewable energy VEKOP-5.2.1-17 and Economic Development and Innovation Operational Programme GINOP-8.4.1/A-17 - Residential Energy Efficiency Loan Programs, participated in a total of 128 061,66 million HUF in EU-funded disbursements, which enabled a total of 27 280 projects to receive financing.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 77 Additionally, in 2024, within the framework of the European Union's Cohesion Policy, preparatory activities were conducted for the financial instruments related to the upcoming calls under the Environmental and Energy Efficiency Operational Programme Plus (KEHOP Plus), Economic Development and Innovation Operational Programme Plus (GINOP Plus), Digital Renewal Operational Programme Plus (DIMOP Plus), and Territorial and Settlement Development Operational Programme Plus (TOP Plus) operational programs. Each of the mentioned programs includes development objectives that support energy efficiency and green transition. The following loan programs, funded by European Union sources or the Recovery and Resilience Facility, were announced for the 2021-2027 programming period: The RRF-REP-10-13-1-24 Home Renovation Program, conducted through the residential MFB Pont Plus network, aims to implement residential energy efficiency investments, with the goal of improving households' access to financing in the energy efficiency sector of residential buildings in Hungary and reducing energy consumption in the residential sector. A total of 742,17 million HUF was disbursed under the Home Renovation Program in connection with the implementation of 217 projects. Following this, the sale of the KEHOP Plus-4.1.7-24 and KEHOP Plus-4.1.8-24 Home Renovation Programs, conducted through the residential MFB Pont Plus network for the implementation of residential energy efficiency investments, has begun. The aim is to improve households' access to financing in the energy efficiency sector of residential buildings in Hungary and to reduce energy consumption in the residential sector. Disbursement for this product has not occurred by the end of 2024. The RRF-REP-10.14.1-24 program for the installation of electric vehicle charging stations, which aims to facilitate the establishment of publicly accessible electric charging points, has been announced. This initiative primarily targets, but is not limited to, areas in the country where the prevalence of e-mobility is currently low. Disbursement for this product has not occurred by the end of 2024. Beneficiaries of projects supported by European Union funds are required to adhere to the DNSH (Do No Significant Harm) principles related to the project, ensure compliance with horizontal considerations, and conduct a climate resilience assessment for infrastructure investments. The purpose of MFB Plc.'s instruction titled "Product Management Regulations for EU-Funded Loan Products" is to comprehensively regulate the product development tasks related to the Bank's European Union-funded products, including programs that support environmental goals. While the product description (for standalone loan programs during the 2014-2020 programming period) and the call (for combined loan programs during the 2014-2020 programming period and for all loan programs during the 2021-2027 programming period) are documents prepared for applicants seeking support, containing the necessary information for submitting funding applications. The EU Sales and Customer Relations Directorate is primarily responsible for the implementation of these. The Bank pursues the objectives related to its EU-funded loan programs in accordance with those defined in its Medium-Term Business Strategy and the goals set out in the annual Business Plan. 6. Reducing our environmental footprint Material topic Climate change adaptation Climate change mitigation Used standards ESRS E1 GRI G4 FS8 Introduction The chapter presents the direct and indirect greenhouse gas emissions of the MFB Group and its related emission reduction targets and initiatives. In addition, it describes the integration of the Group's climate-related risks into the business model and the Sustainable Finance Framework established by MFB Plc.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 78 Supported Sustainable Development Goals (UN SDG) Relevance of the material topic to the MFB Group Basis of materiality Financial materiality Impacts - Financial risks - Financial opportunities Funds tied to climate change adaptation may have a more favorable lending conditions. Funds tied to climate change mitigation may have more favorable lending conditions. Management of the material topic Connection to ESG strategy The Bank's sustainable own operations Sustainable fundraising and financing in line with development banking goals Corporate Policies Related policies and regulations of MFB Plc.: • Risk Management Policy • Risk Management Strategy Framework Document • Sustainable Finance Framework Document • ESG strategy Related policies and rules of MKK Plc.: • Risk management framework • MFB Group Client Risk Acceptance Policy Priority actions Key actions of MFB Plc.: • Joining the Partnership for Carbon Accounting Financials (PCAF) • Green Office Program • Green Bond Issuance • Social Bond Issuance • Key actions of the MFB Group: • Definition of Scope 1 and 2 emissions • Definition of Scope 3 (categories 1-14) • Definition of Scope 3 financed emissions (category 15) Metrics Value of issued green bonds Value of issued social bonds Scope 1, 2 emission rates Scope 3 (Categories 1-14) emission rate Scope 3 financed emissions (Category 15) rate Targets Transition plan Issuance of sustainable financing instruments Setting decarbonization targets

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 79 Material topic Energy Used standards ESRS E1 GRI G4 FS8 Introduction This chapter presents the energy consumption and energy efficiency initiatives related to the MFB Group's own operations. Additionally, the chapter outlines the MFB Group's environmental financing activities, including own-source environmental financing and European Union funded environmental financing. Furthermore, it introduces the Sustainable Finance Framework established by MFB Plc. Supported Sustainable Development Goals (UN SDG) Relevance of the material topic to the MFB Group Basis of materiality Impact materiality Impacts Upstream: • When planning the procurement of electricity necessary for the daily operation of MFB's office buildings, the criteria for the announced tenders include objectives for sourcing energy from green energy sources.These tenders do not apply to subsidiaries and are only aimed at meeting electricity needs from green sources. • The Green Office Program, audited by the KÖVET Association has also been developed for MFB's office procurements under which MFB Plc. prioritizes energy-efficient solutions during procurement. • In its fundraising process, MFB utilizes external financial sources that include green or sustainability guidelines. Currently, these make up only a negligible portion of the total fundraising, but MFB plans to increase the proportion of green sources in the next decade. Downstream: • In its funding activities, MFB pays special attention to increasing energy efficiency in the SME sector through its newly launched, dedicated loan program. • MFB significantly supports the improvement of companies' energy efficiency through the management and intermediation of resources provided by the European Union MFB indirectly contributes to the acceleration of climate change by financing industries that are not climate-preferred. However, these financings represent a small portion of the overall portfolio and often aim to increase energy efficiency. Financial risks - Financial opportunities - Management of the material topic Connection to ESG strategy The Bank's sustainable own operations Sustainable funding and financing in line with development bank goals Corporate Policies Related policies and rules of Hiventures Plc.: • Vehicle Use Policy • Organizational and Operational Rules

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 80 The Group's greatest environmental impact is through its financed portfolio, and its own operations also have a significant impact on the environment. To mitigate these impacts, MFB Plc., as the key institution Related policies and rules of MFB Plc.: • Sustainable Finance Framework Document • Medium-Term Business Strategy • Annual Business Plan • Product Management Policy for the Bank's Own Resources Products • Instruction No. 103/2023 – " Procedural Order Refinancing" • Instruction titled “Product Management Policy for EU- Funded Loan Products” • Rules of Procedure of the IT and Operations Directorate • Organizational and Operational Rules Related policies and rules of MFB-Property Development Plc.: • Property Management and Utilization Rules • Organizational and Operational Rules Related policies and rules of MFB Invest Plc.: • Vehicle Use Policy • Organizational and Operational Rules Associated policies and rules of MKK Plc.: • CEO’s Instruction on the Procurement Procedure of MKK Plc. • Organizational and Operational Rules Priority actions Green Office Program Green Bond Issuance Social Bond Issuance Own funded individual financing activities supporting environmental goals EU funded financing activities supporting environmental goals Metrics Value of issued green bonds Value of issued social bonds Year-end effective capital amount or nominal value and gross carrying amount of MFB Plc.'s individual loans and debt securities supporting environmental objectives Value of MFB Plc.'s disbursements and holdings of EU funds promoting environmental objectives MFB Group's total energy consumption Proportion of different energy sources within total energy consumption Targets Transition plan Issuance of sustainable financing instruments Annual equity and EU funding activities for environmental purposes according to the Business Plan

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 81 of the Group launched its Green Office Program and joined the PCAF partnership of financial institutions in 2024. In its ESG strategy, described in Chapter 2.4, it has set a target to reduce its carbon emissions from its own operations by 2030. It has committed to develop a carbon neutrality plan in 2026 in line with climate change and environmental sustainability objectives and to aim for a net-zero emissions target by 2050. In doing so, it has committed to reduce its environmental impact through its sustainable operations, continuously monitoring its sustainability performance and taking measures that promote the green transition. The energy consumption and GHG emissions of the MFB Group in 2024 are described in Chapters 6.1 Energy consumption and 6.2 Greenhouse gas emissions. 6.1 Energy consumption Increasing energy efficiency not only serves to optimize the operation of the Banking Group, but also helps to reduce the environmental footprint and contributes to the fight against global climate change. The purpose of Chapter 6.1 is to provide a comprehensive picture of the MFB Group's energy consumption and related activities, which reflect the Banking Group's efforts for sustainable development. 6.1.1 Energy consumption characteristics In 2024, a significant portion of the MFB Group's energy consumption came from the utility usage of its buildings, supplemented by the fuel consumption of the vehicles operated by the Group. Among the Group’s subsidiaries, MKK Plc. and MFB-Property Development Plc. prepare an annual energy specialist report - with the latter also producing monthly reports - for the purpose of analyzing energy consumption. Hiventures and MFB Invest do not prepare such report. The total energy consumption of the MFB Group in 2024 was 2 704,93 MWh, and its detailed energy consumption and energy structure are presented in the table below. The MFB Group complete energy consumption in 2024 Energy consumption (MWh) Hiventures Plc. MFB-Property Development Plc. MFB Invest Plc. MKK Plc. MFB Plc. Total fossil energy consumption 110,75 22,52 49,52 604,28 833,10 Consumption from nuclear sources 11,38 6,64 5,44 104,37 492,84 Fuel consumption from renewable sources, including biomass (which includes biologically derived industrial and municipal waste, biogas, renewable hydrogen, etc.) 0 0 0 0 0 Consumption of electricity, heat, steam and cooling purchased from renewable sources 8,508 4,96 4,07 78,03 368,47 Consumption of self-generated renewable energy from non-fuel sources. 0 0 0 0 0 Total renewable energy consumption 8,50 4,96 4,07 78,03 368,47 Total energy consumption 130,64 34,14 59,05 786,68 1694,42

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 82 Share of different energy sources in total energy consumption in 2024 Energy consumption Hiventures Plc. MFB-Property Development Plc. MFB Invest Plc. MKK Plc. MFB Plc. Share of fossil sources in total energy consumption (%) 84,8% 66% 83,9% 76,8% 49,2% Share of energy consumption from nuclear sources in total energy consumption (%) 8,7% 19% 9,2% 13,3% 29,1% Share of renewables in total energy consumption (%) 6,5% 15% 6,9% 9,9% 21,7% The proportion of different energy sources within the total energy consumption was determined based on the energy composition calculated from the 2024 production forecast of the Hungarian Energy and Public Utility Regulatory Authority (hereinafter: MEKH). This data was published by MEKH on its website 1 in the table titled '4.2. Gross Electricity Production'. During the calculation, the energy consumption data of the subsidiaries, published in MWh, was proportionally adjusted based on the 2024 production forecast published by MEKH. Energy data for the Group’s subsidiaries is collected by the operations department, except for Hiventures Plc. and MFB Invest Plc., where data is provided by the Economic Directorate of NTH Plc. The Supply and Operations Department of MFB Plc., the Property Management division of MFB-Property Development Plc., and the Procurement and Operations Group of MKK Plc, furthermore the Economic Directorate of NTH Plc. for Hiventures Plc. and MFB Invest Plc. is also responsible for managing the vehicle fleet and building operations. The operational tasks and regulations are governed by the Organizational and Operational Rules of the companies, along with the IT and Operations Directorate's Rules of Procedure at MFB Plc., the Vehicle Use Regulations at Hiventures Plc., the Property Management and Utilization Regulations at MFB-Property Development Plc., the Vehicle Use Regulations at MFB Invest Plc., and the CEO's Instruction regarding the procurement procedure of MKK Plc. 6.1.2 Energy efficiency initiatives of the Green Office Program MFB Plc. is committed to utilizing sustainable practices in its daily operations. The development of MFB Plc.'s ESG strategy serves as an example of this, which lays down the Bank's sustainability targets for the period between 2024 and 2030 along with the implementation of additional sub-goals and action plans, as shown in Chapter 2.4. In addition, the Bank strives to obtain certifications such as the Green Office Program, which attest to its environmentally conscious operations, set an example, and inspire the company's partners and employees to adopt green solutions. The following paragraphs introduce the Green Office Program and the primarily energy efficiency measures detailed and implemented within it. As a first step toward improving energy efficiency, MFB Plc. has identified its most energy-intensive areas of operation. Since the operation of office buildings accounts for the majority of the Bank's energy consumption, it has decided to introduce the Green Office Program. As part of the program, a survey of MFB Plc.'s office buildings was carried out, including detailed analyses and evaluations of the buildings’ sustainability aspects. The heritage status of the Bank's central office building currently limits the possibilities for developing renewable energy infrastructure. As a result, the building's heating energy needs must be met using fossil fuel sources. The main forms of energy consumption include electricity, as well as the use of natural gas for heating and DHW (domestic hot water) purposes. Based on these surveys, the Bank's Green Office Action Program for 2022-2024 and 2024-2026 were approved, and the 1 The table titled 'Gross Electricity Generation' published by MEKH for the year 2024 is available at: https://www.mekh.hu/download/b/d2/91000/4_2_brutto_villamos_energia_termeles_eves_2014_2024E.xlsx

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 83 Green Office Certification process was also successfully completed, with the Bank receiving the Green Office Certified Workplace title for 2 years on the 8 th of December 2022, and then, following the renewal procedure, for another 2 years on the 6 th of December 2024. The energy efficiency measures of the action plan adopted and implemented in the Program were as follows: • The central regulation of heating and cooling has been carried out, as part of which the minimum cooling and maximum heating temperature levels have been set. • LED lighting is continuously being installed in all offices, and a motion-sensor lighting system is being installed in some rooms. • The purchase of energy-efficient office and kitchen equipment is continuous in cases where the previous pieces are in need of replacement. • Educating and encouraging employees act and think in an environmentally conscious way, for example, through educational content continuously uploaded to the Green Zone intranet interface, ESG and Green Office e-learning training and examinations, and by producing MFB Podcasts on this topic. • In 2023, a decision was made to move MFB Plc. to a newly built office building equipped with modern engineering solutions, which will take place in 2025. This will enable the use of more modern, more economical cooling/heating/lighting solutions, thus strengthening the company's efforts to improve the energy efficiency of its office operations. The Green Office Program includes additional measures not directly related to energy efficiency, e.g. the use of environmentally friendly, biodegradable cleaning agents, such as propellant-free fragrance sprays and dishwashing gel in accordance with Regulation (EC) No 1272/2008, as well as the improvement of air quality by purchasing more green office plants, based on the specific needs of each banking area. 6.2 Greenhouse gas emissions A key objective of MFB Plc.'s ESG strategy, detailed in Chapter 2.4, is the reduction of greenhouse gas emissions—i.e., minimizing the carbon footprint—which serves as the primary measure of the Banking Group’s environmental impact. In recent years, MFB Plc. has carried out corporate carbon footprint calculations in Scope 1 and Scope 2, which it has published on a voluntary basis in its sustainability reports in accordance with the GRI standard. In 2024, the MFB Group calculated its Scope 1, Scope 2 and Scope 3 emissions at group level for the first time (within the scope of Scope 3 in all relevant categories). As 2024 serves as the base year for group-wide emission reduction targets, the report does not include comparative data for previous years. The ESG, Business Advisory and Financial Institution Relations Directorate is responsible for the development of MFB Plc.'s ESG targets, performance indicators (KPIs) and action plans for the reduction of greenhouse gas emissions, and the Bank will start developing the KPIs and related corporate policies in 2025 in parallel with the definition of the actions. As described in Chapter 3.2 ESG governance structure, the subsidiaries will start the process of developing their independent sustainability targets in 2025, taking into account MFB Plc.'s Sustainability (ESG) Strategy for the period between 2024 and 2030. 6.2.1 GHG reduction targets MFB Plc. is currently trying to contribute to the reduction of GHG emissions through its qualitative objectives set out in the ESG strategy. Quantitative targets will be defined in the future with the review of the strategy and the preparation of the transition plan, after which it will be possible to set more detailed targets. The Bank will develop the targets in accordance with the requirements of the ESRS. In

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 84 line with the requirements of the ESRS 2 MDR-A, the Bank will examine whether and to what extent its ability to implement measures depends on the availability and allocation of funds. This enables significant amounts of CapEx and OpEx amounts required for the implementation of planned or completed measures to be linked to the relevant line items or notes in the financial statements, as well as to the key performance indicators specified in Article 8 of Commission Delegated Regulation (EU) 2021/2178. MFB Plc. does not currently have a specific plan for the monitoring and management of short-, medium- and long-term risks (covering a period of at least 10 years) in order to achieve climate change and environmental sustainability objectives. The Bank has not developed and does not apply key performance indicators and key risk indicators (KRIs) related to material climate change and environmental aspects. Regardless of this, MFB Plc. proves its commitment to sustainable energy management and innovative processes through several initiatives, which are explained in more detail below. The MFB Corporate Energy Efficiency Loan Program was launched on 8 January 2024, based on the long-term financing agreements signed in 2023 with the European Investment Bank (EIB) and the Council of Europe Development Bank (CEB). The loan program has a budget of EUR 100 million, enabling small and medium-sized enterprises (SMEs) to contribute to reducing GHG emissions through investments that enhance energy efficiency and promote the renewable energy use on their existing properties, thereby supporting climate change mitigation. For the EIB, this presents a genuine green loan program financing – the first of its kind in their history as previous funding was limited to individual green projects. By complying with the ESG aspects of the CEB and the EIB, the environmental and social impact of the Loan Scheme is significant, as the planned financed investments must comply with national legislations on energy efficiency, and the sustainability (ESG) guidelines prescribed by the EIB and CEB in line with the EU Taxonomy. No disbursement was made in connection with the product in 2024. On the 2 nd of August 2022, the MNB issued its Green Recommendation under the number 10/2022, outlining 56 recommendations for the Hungarian banking sector on the topic of sustainability. Its content is closely aligned with the recommendations of international organizations (e.g. EBA, UN Principles for Responsible Banking). Based on the Recommendation's expectation regarding the future quantifiability of Scope 1, 2, 3, emissions, MFB Plc. has introduced the Green Office Program detailed in Chapter 6.1.2, through which it was able to comply with the best practices indicated in the Recommendation. Within the framework of the Program, the survey of MFB's office buildings was carried out using the eco-mapping method; the Green Office Action Programs for 2022-2024 and 2024-2026 were approved, and the Green Office Qualification process was also successfully completed. As a responsible organization, MFB Plc. places great emphasis on ensuring that its activities comply with both economic and environmental sustainability requirements. The central element of these efforts is conscious and efficient energy management, which is described in detail in Chapter 6.1.1, Energy consumption characteristics. MFB Plc. is committed to green financing, so decarbonization tools (typically financing solutions, loan programs) aimed at mitigating climate change will be expanded, developed and implemented in line with the ongoing transition plan and in accordance with the ESG objectives related to the bank's strategy. The MFB Group calculates Scope 1, Scope 2 and Scope 3, including its financed emissions, every year until detailed decarbonization targets are set, and monitors their annual fluctuation. In order to achieve the above goals, MFB joined the PCAF partnership established by financial institutions in 2024, which partnership it intends to maintain continuously in the future. PCAF provides financial institutions with the foundations needed to set science-based targets and align their portfolios with the Paris Agreement on climate change through a coordinated accounting approach.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 85 Taking into account the MNB's Green Recommendation, MFB Plc. will develop a carbon neutrality plan in 2026 in line with climate change and environmental sustainability objectives. Under the transition plan, the company aims to achieve the net-zero emissions target by 2050, which is a key target of the EU Green Deal and is in line with the commitment to global climate action under the Paris Agreement and the commitments of the Hungarian government. Following the completion of the transition plan, from 2027 onwards, continuous monitoring of the fulfilment of the transition targets will also begin. In managing sustainability risks, banks- especially MFB Plc.- have not only a restrictive but also a supportive role. The sustainability-based assessment of various sectors and their financing classification not only indicates risks but also highlights financing needs and opportunities. It is important for MFB Plc. to participate in the financing of sectors that are still directly affected by the negative effects of climate change. The activities of businesses operating in these areas must also be financed, helping the green transition and thus their access to a more sustainable level of production and management. This financing activity requires the application of more detailed due diligence requirements for specific climate-sensitive sectors. Green transition activities are exclusively linked to climate change mitigation objectives. These activities have no low-carbon alternatives that are technologically and economically viable in the short term or only become feasible over the long term. These activities contribute to climate change mitigation objectives if they meet the following criteria: • greenhouse gas emission levels correspond to the best performance of the sector or industry; • does not hinder the development and introduction of low-carbon alternatives; • does not lead to lock-in in carbon-intensive assets, taking into account the economic lifespan of these assets. Green transition activities can be financed if the activity meets certain emission thresholds in terms of life-cycle emissions and, under other conditions, its annual GHG emissions do not exceed a certain level. As previously mentioned, the subsidiaries will start developing their own sustainability objectives in 2025. 6.2.2 GHG emission characteristics The MFB Group has prepared its own greenhouse gas emissions inventory (hereinafter referred to as GHG emissions) in accordance with the MNB Green Recommendation and the requirements of the ESRS, following the guidelines of the GHG Protocol. According to the GHG Protocol, Scope 1 emissions arise from the Group's own natural gas consumption and the fuel consumption of corporate vehicles, as well as from refrigerant leaks in refrigeration and air conditioning systems, while Scope 2 emissions encompass emissions related to the consumption of purchased electricity. According to paragraphs 50a) and 50b) of ESRS E1-6, the calculation of emissions falling under Scope 1 and Scope 2 must also be extended to include companies that are part of the consolidated accounting group (50a) as well as those investment-receiving companies that are not fully consolidated in the financial statements, or over which MFB Plc. exercises operational control (50b). According to paragraph 50a), this refers to MFB Plc., its subsidiaries, and affiliated companies (MFB Plc., Hiventures Plc., MFB- Property Development Plc., MFB Invest Plc., MKK Plc.). According to paragraph 50b), the Bank’s associate companies, entrusted asset funds, and entrusted asset companies have been examined. Associate companies are financially consolidated based on ownership share, which brings them within the Scope 1 and Scope 2 assessment boundaries. In the Group-level emissions accounting, the emissions of associate companies are recorded in proportion to the ownership stake. Among entrusted asset companies, there are some over which MFB Plc. exercises operational control; however, this control is limited solely to the entrusted assets. Considering the emission sources within Scope 1 and Scope 2 (real estate, motor vehicles), no relevant instruments have been identified for these cases. For other entrusted assets where operational control is absent and financial consolidation does not apply, these companies were excluded from the Scope 1 and Scope 2 calculation boundaries.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 86 MFB Plc., along with its subsidiaries and affiliated companies, is part of the Scope 3 calculation boundary, as the subsidiaries and affiliated companies are fully consolidated in the balance sheet of MFB Plc. (financial control), and in the case of entrusted asset companies, where MFB Plc. has operational control over the entrusted assets. The significant Scope 3 subcategories are determined based on relevance (subcategory filtering based on activity) and materiality assessment (the extent of contribution to total Scope 3 emissions) for subcategories 3.1-3.14. For subcategory 3.15, a calculation of financed emissions categorized according to PCAF asset classes has been performed for both the parent and subsidiary companies. The subsidiary MFB-Property Development Plc., which is 100% under the operational control of MFB Plc., is also included in the consolidation scope; therefore, a Scope 3 calculation has been prepared for it. However, the loans and investments category (Scope 3.15) is not relevant for the company. Within category 3.15, a materiality threshold was established, taking into account the total assets of entrusted asset companies and the consolidated total assets. This was determined by assessing the ratio of individual total assets to the adjusted consolidated total assets. If, on an individual basis, these do not reach 3% of the adjusted consolidated total assets, they are not subject to detailed calculations. The funds and companies included in the assets entrusted to it are not financially consolidated, but they are part of the value chain of MFB Plc. and therefore they are part of the Scope 3 investigation. Entrusted asset funds are accounted for as 'investee companies' under category 3.15 if they exceed the materiality threshold. The total issuance of the entrusted asset fund (Scope 1,2,3) according to this methodology is accounted for by MFB Plc. in its group-level emissions in proportion to the entrusted assets/total assets. MFB Plc. exercises full operational control over the Student Loan Centre Plc. (hereinafter referred to as the Student Loan Centre), however, it will not be consolidated financially as it does not meet the conditions set out in IFRS 10 regarding the yield. There is currently no PCAF methodology available for retail unsecured consumer loans. The emissions of overdue fixed-use student loans were estimated based on a unique methodology. For MFB Plc., Scope 2 GHG emissions are related to purchased electricity. Location-based GHG emissions (LB – location based): The location-based approach uses the emission factor from the database issued by the European Commission's Joint Research Centre 2 (GHG Emission Factors for Electricity Consumption. European Commission, Joint Research Centre - JRC) as the basis for calculations. This method considers the emission factors of the average energy sources available in a given geographical area, according to the average emission intensity of the local energy grid. According to the database on the JRC website, the emission factor related to electricity consumption in Hungary is 220 g CO2 equivalent/kWh. According to the database on the JRC website, the emission factor related to electricity consumption in Hungary is 220 g CO2 equivalent/kWh. Market-based GHG emissions (MB – market based): This approach uses the emission factor directly provided by the electricity supplier, reflecting the actual energy purchased and used by the organization. MFB Plc. has a contractual relationship with MVM Next Energiakereskedelmi Plc., and the calculation of MFB Plc.'s Scope 2 GHG emissions was based on the emission factor for the domestic consumer-side energy mix provided by MVM Next on their website (2023 data). The specific CO2 equivalent emission of MVM Next Energiakereskedelmi Plc. in 2023 is 322,6 g/kWh. The difference between the two methods lies in the fact that the location-based approach uses the average energy mix of the given region, while the market- based calculation applies the specific emission factor provided by the supplier. The data sources used for calculating Scope 3 emissions in categories 1–14 acquired from primary sources, as they are derived directly from the company's own measurements, invoices, etc. Secondary 2 https://data.jrc.ec.europa.eu/dataset/919df040-0252-4e4e-ad82-c054896e1641, Bastos, Joana; Monforti- Ferrario, Fabio; Melica, Giulia (2024): GHG Emission Factors for Electricity Consumption. European Commission, Joint Research Centre (JRC) [Dataset] PID: http://data.europa.eu/89h/919df040-0252-4e4e-ad82- c054896e1641

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 87 sources (e.g., industry averages, literature estimates) were not used. Accordingly, the source of the data is 100% primary. However, the result (consumption × emission factor) can be considered secondary data, as the emission factors used are sourced from general databases. 3 In the calculation of Scope 3.15 emissions, that is, the GHG calculation of the financed portfolio, we also used secondary proxy data, as primary data was very limited. Based on the GHG Protocol guidelines, we calculated the emissions of the financed portfolio using the PCAF methodology. Using the scores defined by the PCAF methodology, we performed the calculation, which allows the emissions calculated based on score 1 to be considered as primary data sources. In cases where equivalents defined by the PCAF methodology were also needed for the calculation, they can be considered as secondary data sources. Based on this, primary data could only be used in the case of the Government Debt asset category. Thus, the proportion of secondary data covers 99,27% of the Scope 3. 15 emissions, while in relation to the total Scope 3 emissions, it accounts for 99,28%. MFB Group's operations in 2024 within the Scope 1,2,3 system boundaries (market-based approach) resulted in a total emission of 2 446 448 ton CO2 equivalent.The following tables show the emissions and distributions for 2024. The data shows that the majority of the MFB Group's emissions come from financed emissions (Scope 3, Category 15), which amounted to 2 445 497 tonnes of CO2 e-GHG emissions in 2024.This is followed by Scope 1 emissions and Scope 2 emissions. The extent of MFB Group's contribution to climate change is illustrated by the GHG intensity indicator in addition to GHG emission data. This metric expresses the total GHG emissions shown in the table below in proportion to the total net revenue reported in the consolidated annual financial statements. (306 992 million HUF). The revenue data used consists of items B1, B2, B3, B4 and B7 of the revenue definition outlined in Article 28 of EU Council Directive 86/635/EEC (on the annual accounts and consolidated accounts of banks and other financial institutions). This includes interest received, dividend income, profits from the involvement of associated companies, commission income received, net profit from financial operations and other items adjusted for the difference between the initial fair value difference of borrowed funds. MFB Group's GHG intensity in 2024 was 8,0 tonnes CO2 equivalent/million HUF. GHG emissions overview* Consolidated financial reporting group (parent and subsidiaries) 2024 Scope 1 GHG emissions Scope 1 gross GHG emissions (tonnes of CO2 equivalent) 483,1 Scope 1, percentage of GHG emissions from regulated emissions trading systems (%) - Scope 2 GHG emissions Scope 2, location-based gross GHG Emissions (tonnes of CO2 equivalent) 319,9 Scope 2, market-based GHG emissions (tonnes of CO2 equivalent) 467,9 Scope 3 significant GHG emissions Total gross indirect (Scope 3) GHG emissions (tonnes of CO2 equivalent) 2 445 497,0 1. Purchased goods and services 2 455,9 2. Capital goods 128,8 3. Fuel and energy-related emissions not included in Scope 1 and 2 121,6 4. Upstream transportation and distribution 0,02 5. Waste generated in operations 17,8 6. Business travel 42,4 3 https://ghgprotocol.org/scope-3-calculation-guidance-2, https://ghgprotocol.org/corporate-value-chain-scope-3- standard

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 88 7. Employee commuting 526,9 8. Upstream leased assets For the Group not relevant category 9. Downstream transportation and distribution For the Group not relevant category 10. Processing of sold products For the Group not relevant category 11. Use of Sold Products For the Group not relevant category 12. End-of-life treatment of sold products For the Group not relevant category 13. Downstream leased assets 1 863,9 14. Franchises For the Group not relevant category 15. Investments 2 440 339,7 Total GHG emissions Total GHG emissions (Scope 1 + Scope 2 location-based + Scope 3) (tonnes of CO2 equivalent) 2 446 299,2 Total GHG emissions (Scope 1 + Scope 2 market-based + Scope 3) (tonnes of CO2 equivalent) 2 446 448,0 Revenue-based GHG intensity (Scope 1 + Scope 2 location-based + Scope 3) (tonnes of carbon dioxide equivalent / million HUF) 8,0 Revenue-based GHG intensity (Scope 1 + Scope 2 market-based + Scope 3) (tonnes of carbon dioxide equivalent / million HUF) 8,0 *Biogenic emissions and GHG emissions from installations covered by the Emissions Trading Scheme (ETS). GHG emissions overview Investment recipient undertakings, such as associates, joint ventures or non- consolidated subsidiaries, which are not subject to full consolidation in the consolidated financial statements group's financial statements, as well as contractual arrangements that are not joint arrangements structured through an entity (i.e. jointly controlled operations and assets) over which it exercises operational control. 2024 Scope 1 GHG emissions Scope 1 gross GHG emissions (tonnes of CO2 equivalent) 1 662,7 Scope 1, percentage of GHG emissions from regulated emissions trading systems (%) - Scope 2 GHG emissions Scope 2, Gross GHG Emissions Based on Locally Based (tonnes of CO2 equivalent) 787,7 Scope 2, market-based GHG emissions (tonnes of CO2 equivalent) 4 - 4 The Scope 2 data was calculated by the relevant group members using the SZTFH calculator. (https://sztfh.hu/tevekenysegek/esg-hatosagi-tevekenyseg/esg-kerdoiv-kitolteset-segito-kalkulator/) According to

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 89 The calculation of the Scope 1, 2 and Scope 3.1-14 categories of the carbon footprint was based on the Bilan Carbone methodology. The Bilan Carbone methodology has been developed and updated by the French environmental agency Assocation Bilan Carbone (ABC) and L'Agence de l'environnement et de la maîtrise de l'énergie (ADEME) with the necessary emission factors (Base Carbone). The methodology considers the emissions of the following greenhouse gases and converts them into carbon dioxide equivalent (CO2 eq): carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), hydrofluorocarbons, perfluorocarbons, sulfur hexafluoride (SF6), nitrogen trifluoride (NF3). Bilan Carbone complies with ISO 14064 and ISO14069 standards, the GHG Protocol and the CDP guideline, and the method is based on the Base Carbone database. The calculation is made on the basis of directly measured, calculated or estimated data. The calculation also required the use of externally sourced metrics, such as emission factors, which are derived from internationally accepted databases and presented in detail in the carbon footprint reports of the companies that make up the MFB Group. The methodology is based on the Base Carbone emission factor database, but in addition, where possible, domestic emission factors and other internationally recognized databases were also used. The emission factors used are summarized in the table below. Database/source name Description Bilan Carbone Emission factor database updated by the Bilan Carbone Association (ABC). DEFRA A database maintained by the UK Department for the Environment and providing internationally recognized emission factors for various activities. Bastos, Joana; Monforti-Ferrario, Fabio; Melica, Giulia (2024): GHG Emission Factors for Electricity Consumption 2022 A database published by the European Commission's Joint Research Centre (JRC) containing greenhouse gas (GHG) emission factors for electricity consumption. ESG calculator of the Supervisory Authority for Regulated Activities (SZTFH) The emission factors provided in the ESG calculator developed by the Hungarian Supervisory Authority for Regulated Activities. MVM Emission factors provided by MVM Next that can be used to calculate the environmental impact of electricity consumption. In the case of the carbon footprint calculated within Scope 1 and Scope 2, the uncertainty is negligible, as it is based on direct data. However, the uncertainty of the calculation of the Scope 3.1-14 categories can be traced back to several factors: Accuracy of the calculated and estimated data: 1. Accurate measurement of the amount of purchased materials and packaging materials, and the amount of waste, 2. To calculate the emissions of employees commuting to work, the data collected by questionnaires were extrapolated to the entire Group and the average fuel consumption had to be assumed. Uncertainty of emission factors from international databases: the information available on the website of the SZTFH, the Scope 2 of the calculator is calculated using a location- based method, therefore the Scope 2 value is included only in the locality-based row for these group members.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 90 - For certain data points, only emission factors from non-identical geographical regions were available, - The classification of the goods and services purchased based on expenditure is approximate as the emission factors do not perfectly cover the costs reported in the reporting year. - The calculations related to food and drink consumption are also approximate, as the emission factors do not perfectly cover the specified products. - For the calculation of Scope 3.1 category, we used expenditure-based data, relying on the emission factors from the Base Carbone database. Since these emission factors pertain to France, the calculation results carry not only the uncertainty of the emission factors (the values are listed in the table) but also the uncertainty arising from regional differences. In the case of data such as the amount of waste generated or the amount of materials and packaging materials purchased, the Group plans to introduce an efficient data collection procedure in order to collect data more accurately in the coming years. The methodology for calculating Scope 3.15 emissions at MFB Group is based on the PCAF framework. PCAF has developed its own detailed methodology tailored to the needs of the financial sector, which is fully based on the principles and requirements of the GHG Protocol. PCAF aims for the financial sector to contribute to climate change mitigation by making institutions transparent and accountable for the carbon footprint of their financing decisions. MFB Plc. also joined the PCAF international cooperation in December 2024, a membership which demonstrates its commitment to promoting the Banking Group's sustainability goals in addition to access to the database. The calculation is based on the closing stocks as of 31 December 2024, based on the information available at the Bank and its subsidiaries at the time of data reporting. During the calculation, we first reconciled and finalized the asset classes, taking into account the data quality score classification based on the available data. In addition to developing the formulas required for the calculations, we managed the elements of the portfolio at the transaction level and assigned PCAF emission factors to them based on the sector classification. The exchange rates were converted according to the average exchange rate of the MNB and the European Central Bank, ensuring that the calculations were based on the latest financial data. The calculation was made for asset classes defined by the PCAF, such as listed shares, corporate loans, project financing, commercial real estate financing, mortgages and government debt, while there were no relevant exposures in the portfolio for motor vehicle loans. Asset classes according to PCAF Institution Listed equity and corporate bonds Business loans and unlisted equity Project finance Commercial real estate Mortgages Motor vehicle loans Sovereign debt Hiventures Plc. X MFB Plc. X X X X X X MFB Invest Plc. X X MKK Plc. X X PCAF has defined a 5-level data quality scale to indicate the accuracy of the calculation to ensure adequate transparency. Based on the scale, a score of 1 refers to the highest quality (e.g. a published,

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 91 externally verified GHG inventory), while a score of 5 refers to the lowest (e.g. emissions calculated from carbon intensity per industry-specific turnover). The MFB Group has made significant efforts to perform the calculation with the highest possible data quality. However, in many cases, the factual data necessary for the calculation were not available, so the data were generated using average values and proxies. Future development plans at MFB Group focus on improving data quality, as current reports are typically prepared with a score of 4 and a score of 5, with the exception of the sovereign debt asset class, where the data quality score is 1. Portfolio companies are expected to become increasingly prepared on sustainability topics, so measuring and storing the necessary data will allow for higher data quality, especially for listed companies, where verified GHG emissions will also become available. The Group's medium-term plans include the use of higher data quality in the calculations. This can mean a score of 2, score 3, and score 4 data quality. MFB Plc. has already taken the first steps to automate data retrieval and data storage and is working on the development of various flags that will help the automatic classification of asset classes and the development of loan target ratings compatible with the PCAF methodology. From 2025, PCAF sectoral mapping in accordance with the changed NACE codes will also be implemented, and the goal is to fully automate the GHG calculation. The data quality scores currently applied and available after the implementation of future developments are included in detailed tables by asset class and MFB Group member, which help to achieve the Group's goals and continuously improve sustainability performance. In all cases, the transaction-level elements of the portfolio were classified into sectors according to the PCAF. If the sector could not be clearly classified, we used the NACE code as a basis and, if necessary, the client's main activity. There are no PCAF guidelines available for student loan-type investments, the GHG emissions of fixed-use student loans have been estimated based on a self-developed methodology. Methodologies applied by asset class: Listed equity and corporate bonds - In the case of listed companies, the reported GHG emissions are proportional to the investor's contribution (outstanding exposure) compared to the company's Enterprise Value Including Cash. - In the case of corporate bonds, the reported GHG emissions are proportional to the investor's contribution (outstanding exposure) in relation to the company's total equity and debt. - Hungary was selected as the region from the PCAF database. Business loans and unlisted equity - In the case of high-quality data, the methodology is the same as for listed companies. - In the case of low data quality, the company's GHG emissions are proportioned based on the company's outstanding exposure, asset turnover ratio and revenue. - If the sales revenue is zero, the emissions of the investment are also zero. - From the PCAF database, the relevant region was selected in all cases. Project finance - This includes all balance sheet loans, corporate bonds, or equity investments related to projects with a defined purpose, where the 'use of proceeds' is known. The focus is on financing projects – such as energy, industrial, infrastructure and agricultural projects – whose repayment is primarily based on the project's cash flow. - Based on the PCAF methodology, the project's reported GHG emissions are proportional to the investor's contribution (outstanding exposure) in relation to the company's total equity and debt. Commercial real estate

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 92 - Transactions in which the asset owner is a partial owner of the building in a joint venture, joint operation or joint ownership, but does not have full authority to implement and enforce the property's operational policies. - Even in the absence of operational control, the commercial real estate investments of asset owners are included in this asset class. - Based on the PCAF methodology, the building's Scope 1-2 GHG emissions are proportional to the investor's contribution (outstanding exposure) compared to the property value at the time of the loan or capital issuance. - The building's emissions were estimated on a regional basis based on international sources. Mortgages - Loans included in the balance sheet for specific consumer purposes, especially for the purchase and refinancing of residential properties. - In the case of real estate, the calculation methodology is the same as for commercial real estate. - The emission of the building was estimated on a regional basis based on average consumption data in Hungary. Sovereign debt - Government bonds and government loans issued in domestic or foreign currencies with varying maturities. - Based on the PCAF methodology, the certified GHG emissions of the Hungarian state are proportional to the company's contribution ratio (outstanding exposure) compared to the state's PPP-adjusted GDP. Student loans - In the absence of a PCAF methodology, a proprietary methodology has been developed. - The average household GHG emissions per capita are proportional to the Bank's contribution (outstanding exposure) compared to the average annual student expenditure per capita. - The data of the Central Statistical Office (KSH) on student expenditure and household output was used. Scope 3.15 emissions, broken down by PCAF asset class: Asset class Financed GHG emissions (t CO2e) Listed equity and corporate bonds 58 154,5 Business loans and unlisted equity 1 720 752,8 Project finance 206 026,2 Commercial real estate 181,5 Mortgages 436 833,6 Sovereign debt 17 531,3 Overdue fixed-use student loans 859,9 Total 2 440 339,7

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 93 III. SOCIAL INFORMATION 7. Responsible employment As a responsible employer, the MFB Group considers the interests and rights of its employees, including respect for their human rights, when developing its business model. The Group pays special attention to preserving the health of its employees, developing their skills, creating a family-friendly workplace and ensuring competitive, fair and transparent remuneration. Through its employment policy, MFB Plc. strives to continuously ensure responsible employment, the maintenance of work-life balance, and development opportunities. The Group can have a significant impact primarily on the workforce who are subject to its instructions and internal rules. These are primarily employees employed by the companies of the Banking Group, who are obliged to comply with the provisions of the Labour Code applicable to employees. They are also entitled to remuneration, benefits and other compensation as stipulated in their employment contracts and other relevant rules on benefits, compensation, and social and welfare provisions, as well as other conditions necessary for their work. The CEOs and the employee(s) authorized to act as their deputies are considered executive employees under Section 208 (1) of the Labor Code. The Group's own employees - due to the nature of the operation of the Group’s member firms - predominantly carry out intellectual activities. Chapter 7.1.1 Introduction of our employees describes in detail the group of non- self-employed employees who are not part of the Group's benefits, welfare, remuneration, training or leave schemes. The positive impacts arising from the Group’s responsible employment practices, as a company registered and operating under Hungarian law, are limited to the territory of Hungary and may apply to all of direct employees, regardless of their location within the country. In 2024, the Group's Human Resources Directorates did not allocate any separate resources to manage the material impacts on employees beyond the budget ensuring their normal operations. The planned amount of employee- related expenses in 2024 was HUF 13,324 million in the case of MFB Plc. Similarly to other market participants, the MFB Group's employment situation and its practices towards employees are also significantly influenced by the macroeconomic environment. An unfavourable economic process, e.g. the development of a hyperinflationary economic environment, may also put pressure on the MFB Group to adjust wages. However, to address these risks, employee well-being programs and ethical employer behaviour can keep employee turnover low, reducing recruitment and selection costs and difficulties and increasing employee efficiency, thereby improving employer reputation. In addition, leveraging the benefits of a diverse workforce also has a number of potential opportunities, which can also increase employee satisfaction and efficiency, contributing to the Banking Group's profitability. These risks and opportunities identified during the course of the double materiality assessment presented in Chapter 4.2 of the report apply broadly to the entire workforce, with no specific findings limited to particular employee groups. Alongside the identification of general risks, we also aim to identify why individuals with specific characteristics, those working under certain conditions, or those engaged in particular activities may be exposed to greater danger. This identification is ensured by our employee satisfaction surveys detailed in Chapter 7.3, Retaining Our Employees, and our direct communication channels with our employees. As the Group members do not have transition plans, the material impacts on reducing negative environmental impacts and the transition to greener, climate- neutral operations, including a possible restructuring and the resulting redeployment, establishment or termination of certain functions, were not included in the HR plans for 2024, and the Group did not identify any related risks. Thus, in this context, the opportunities and actions arising from job creation, retraining or upskilling are not described in this report. Due to its activities and geographical location, the MFB Group is also not exposed to the risks of operations related to child labour or forced labour. MFB Plc. and MKK Plc. prepare independent "Annual Human Resources Management Plans" (HR Strategy) annually, which are always developed in accordance with the strategic objectives of the given company. These are documents detailing the measures undertaken by the company in the given year and

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 94 the goals to be achieved. These HR Strategies include annual objectives; and the progress of the companies' HR functions is regularly reported. In the case of MFB Plc., this happens every six months. In the case of Hiventures Plc., MFB Property Development Plc. and MFB Invest Plc., the directions of the companies' HR divisions for the given year are determined as part of the annual Business Plan, with regard to the operational nature of the companies. The companies do not assign quantified, measurable KPIs to the goals undertaken, but they cover each focus area with various related actions, which are regularly measured in the case of each company. The top managers of the companies are informed about the results through the human resources controlling system. The fulfilment of the annual targets is also included in the so-called Report Documents of the Human Resource Management Plans. The main task of the Human Resources Directorate at MFB Plc., which is responsible for strategic planning and implementation related to human resources, in 2024 was, among other things, employee retention, which was done through community building, strengthening the bank's management feedback culture, and supporting the physical and mental well-being of employees. The member companies of the MFB Group work closely with their own workforce and employee representatives when setting HR-related targets. Due to the size of the organization, different member companies achieve this using varying methods and levels of detail. During the 2023 satisfaction survey of MFB Plc., employees expressed a need for stronger management feedback and support. As a result, a system providing the opportunity for management feedback was developed as one of the key tasks of 2024. This created an opportunity for employees to discuss their requests, challenges and professional development plans with their managers. Uniform and predefined templates (feedback forms) were created, with the purpose of evaluating the results of these conversations. These serve as guides for the participants in the feedback conversation, ensuring the consistency of the process and its subsequent traceability. The predictability and traceability of the implementation is also supported by the inclusion of a KPI on feedback implementation and results in the individual performance goals of the managers. The Bank continuously analyses performance insights and improvements, identifying employee concerns and development needs based on feedback received. They use this information to improve processes and take measures to increase employee satisfaction and performance. The other main tasks included in the 2024 HR strategy, the organization of recreational and community-building programs, and the support of physical and mental well-being, were also introduced based on previous experiences and feedback. 7.1 Supporting employee well-being Material topic Working conditions Used standards ESRS S1 Introduction An overview of the employees of the MFB Group, including remuneration and benefits, programs promoting employee well-being, initiatives supporting occupational health and safety and work-life balance, as well as the Group’s training, talent, and career management efforts. Supported Sustainable Development Goals (UN SDG) Relevance of the material topic to the MFB Group Basis of materiality Impact materiality, financial materiality Impacts Within the framework of the Human Resources Management Plan, wages have been improved, fringe benefits and training and development opportunities have been increased, which has a

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 95 positive impact on the retention and development of the entire workforce and the provision of the necessary human resources. Financial risks The hyperinflationary economic environment may result in wage development pressure for MFB. Financial opportunities With the help of employee well-being programs and ethical employer behavior, the MFB Group can keep employee turnover at a low level, thus reducing recruitment and selection costs and increasing employee efficiency. Management of the material topic Connection to ESG strategy Family-friendly workplace Corporate Policies Related policies and rules of Hiventures Plc.: • Rules of Hiventures Plc. on the system of interests, welfare and social benefits • Remuneration Policy • Rules on the method and extent of remuneration of non-executive employees • Occupational Health and Safety rules Related policies and rules of MFB Plc.: • Remuneration Policy • Labor Rules • Benefits Policy • Occupational Health and Safety Rules • On the method and extent of the remuneration of certain senior and non-executive employees Related policies and rules of MFB-Property Development Plc.: • Remuneration Policy • Labor Rules • Occupational Health and Safety Rules Related policies and rules of MFB Invest Plc.: • MFB Invest Plc.'s Rules on the Interest Scheme, Welfare and Social Benefits Related policies and rules of MKK Plc.: • Instructions of the CEO on the interest and benefit system of MKK Plc. • Instructions of the CEO on the Human Resources Management Order of MKK Plc. • Occupational Health and Safety Rules • Remuneration Policy • On the method and extent of the remuneration of certain senior and non-executive employees Actions • MFB Internship Program • MFB Aprófalva Workplace Nursery • MFB Daycare • MFB Plc. Recreational absence • MFB Plc. Physical and mental health support programs • MFB Plc. Training program according to the training plan

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 96 • Training program according to the Training Catalogue of MFB Plc. • MKK Plc. Physical and mental health support programs • Training program according to the Educational Plan of MKK Plc. • Training program according to the Training Catalogue of MKK Plc. Metrics Fluctuation (%) Proportion of people taking family leave (%) Percentage of persons covered by the health and safety management system (%) Staff participation in regular performance and career development reviews (%) Average number of training hours by gender (hours) Targets The companies of the Banking Group do not assign quantified, measurable KPIs to the material topic of working conditions. Material topic Other work-related rights Used standards ESRS S1 Introduction Description of the MFB Group's initiatives and complaint handling processes supporting occupational health and safety and work-life balance. Supported Sustainable Development Goals (UN SDG) Relevance of the material topic to the MFB Group Basis of materiality Impact materiality, Financial materiality Impacts Respect for human rights is an important aspect in relation to both business partners and employees, which MFB Plc. places great emphasis on in its policies, operations, communication and complaint handling processes. Financial risks - Financial opportunities With the help of the employee well-being program, the MFB Group can increase employee satisfaction and its employer reputation by supporting work and private life, which may result in the reduction of recruitment difficulties and the reduction of costs. Management of the material topic Connection to ESG strategy Family-friendly workplace Corporate Policies Related policies and rules of Hiventures Plc.:

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 97 • Code of Conduct and Ethics • Operating rules • Occupational Health and Safety Rules • Instructions from the CEO on the Internal Information on Objection, Complaint Handling and Whistleblowing Related policies and rules of MFB Plc.: • Statutes • Occupational Health and Safety Rules • Anti-corruption policy • Code of Conduct and Ethics • Organizational and Operational Rules • Strategy and policy and procedures for preventing and dealing with fraud • Fraud prevention rules for the use of EU funds Related policies and rules of MFB-Property Development Plc.: • Occupational Health and Safety Rules • Organizational integrity violations policy Related policies and rules of MFB Invest Plc.: • Code of Conduct Appropriate for the Workplace • Policy for handling incidents that violate organizational integrity Associated policies and rules of MKK Plc.: • Occupational Health and Safety Rules • Fraud prevention and management policy Anti-Money Laundering Policy • Code of Conduct and Ethics Actions • MFB Aprófalva Workplace Nursery • MFB Daycare • MFB Plc. Recreational absence • MFB Plc. Physical and mental health support programs • MKK Plc. Physical and mental health support programs Metrics Proportion of people taking family leave (%) Percentage of persons covered by the health and safety management system (%) Total number of cases of discrimination, including harassment (number) Targets The companies of the Banking Group do not assign quantified, measurable KPIs to other work-related rights. Material topic Equal treatment and opportunities Used standards ESRS S1 Introduction Presentation of the MFB Group's trainings, talent and career management, as well as its programs promoting equal treatment and opportunities.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 98 Supported Sustainable Development Goals (UN SDG) Relevance of the material topic to the MFB Group Basis of materiality Impact materiality, Financial materiality Impacts MFB Plc. places a high priority on ensuring equal opportunities within the organisation, especially in gender equality. As a result, there is no significant difference in average wages between men and women within the same employee categories. The Bank's principles of conduct include the condemnation of all forms of discrimination - gender, age, religion, race, political and trade union affiliation, language differences and other forms of discrimination - and respect for the rights of people with disabilities. Financial risks - Financial opportunities In terms of its own workforce, a diverse workforce has a number of potential opportunities, the exploitation of which can increase the satisfaction and efficiency of MFB's employees and the profitability of the MFB Group. Management of the material topic Connection to ESG strategy Responsible company Corporate Policies Related policies and rules of Hiventures Plc.: • Code of Conduct and Ethics Related policies and rules of MFB Plc.: • Labor Rules • On the method and extent of the remuneration of certain senior and non-executive employees • Code of Conduct and Ethics Related policies and rules of MFB-Property Development Plc.: • Code of Ethics Related policies and rules of MFB Invest Plc.: • Code of conduct appropriate to the workplace Related policies and rules of MKK Plc.: • Code of Conduct and Ethics Actions • MFB Plc. Training program according to the training plan • Training program according to the Training Catalogue of MFB Plc. • Training program according to the Educational Plan of MKK Plc. • Training program according to the Training Catalogue of MKK Plc. • Actions under the Equal Opportunities Plan of MKK Plc.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 99 Metrics Staff participation in regular performance and career development reviews (%) Average number of training hours by gender (hours) Total number of cases of discrimination, including harassment (pcs) Number of serious human rights incidents related to the company's workforce (number) Percentage of employees with disabilities (%) Targets The companies of the Banking Group do not assign quantified, measurable KPIs to the important topic of equal treatment and opportunities. 7.1.1 Introduction of our employees In 2024, the total number of MFB Group's employees was 928, of which 893 were permanent employees 5 , while the number of people employed on contracts of indefinite duration was 35. The total number of employees is published in headcount, for the closing date of the reporting period (31 December 2024). Among our employees, 94,7% are in full-time employment, while none were employed under an availability obligation 6 . At group level, 30 people worked part-time in 2024, of which 90% were women. There was no employment outside Hungary. Total number of employees leaving the MFB Group during the reporting year was 151 , which is 16,3%. As a responsible employer, the Group has continuously sought to reduce this ratio through various employee retention programs, well-being and work-life balance initiatives. At the same time, in the case of Hiventures Plc. the turnover rate reached 106% in 2024 due to organisational changes. With the formation of National Capital Holding Plc. (NTH), about half of the employees of Hiventures Plc. (also a member company of the NTH holding), transferred to the member companies by succession due to the division of activities within the holding and the related organisational changes, thus the number of employees in Hiventures Plc. decreased significantly. The distribution of our employees described above is presented in detail in the table below. 1 January 2024 – 31 December 2024. Female Male Other No information Total MFB Plc. Number of employees (number) 308 219 0 0 527 Number of permanent employees (number) 308 219 0 0 527 Number of employees on permanent contracts (number) 0 0 0 0 0 Number of employees with an availability obligation (number) 0 0 0 0 0 Number of full-time employees (number) 290 218 0 0 508 Number of part-time employees (number) 18 1 0 0 19 Hiventures Plc. Number of employees (number) 28 35 0 0 63 Number of permanent employees (number) 24 20 0 0 44 Number of employees on permanent contracts (number) 3 16 0 0 19 5 Information on the number of employees is presented in the financial report as an average statistical headcount. 6 Employees with an obligation to be available are employed by the company without a minimum or fixed guarantee for working hours.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 100 1 January 2024 – 31 December 2024. Female Male Other No information Total Number of employees with an availability obligation (number) 0 0 0 0 0 Number of full-time employees (number) 22 19 0 0 41 Number of part-time employees (number) 2 1 0 0 3 MFB-Property Development Plc. Number of employees (number) 9 8 0 0 17 Number of permanent employees (number) 9 8 0 0 17 Number of employees on permanent contracts (number) 0 0 0 0 0 Number of employees with an availability obligation (number) 0 0 0 0 0 Number of full-time employees (number) 9 8 0 0 17 Number of part-time employees (number) 0 0 0 0 0 MFB Invest Plc. Number of employees (number) 16 12 0 0 28 Number of permanent employees (number) 15 11 0 0 26 Number of employees on permanent contracts (number) 1 1 0 0 2 Number of employees with an availability obligation (number) 0 0 0 0 0 Number of full-time employees (number) 15 11 0 0 26 Number of part-time employees (number) 1 1 0 0 2 MKK Plc. Number of employees (number) 201 92 0 0 293 Number of permanent employees (number) 191 88 0 0 279 Number of employees on permanent contracts (number) 10 4 0 0 14 Number of employees with an availability obligation (number) 0 0 0 0 0 Number of full-time employees (number) 195 92 0 0 287 Number of part-time employees (number) 6 0 0 0 6 1 January 2024 – 31 December 2024.   Total number of employees leaving the company (persons) Fluctuation (%) MFB Plc. 40 8 Hiventures Plc. 67 106 MFB-Property Development Plc.  0  0 MFB Invest Plc.  3 11  MKK Plc.  41 14  In addition to our employees under direct employment contracts, we also employed others on external contracts, such as external consultants and interns. These headcount figures are summarised in the table below for the closing date of the reporting period (31 December 2024). No estimation was used to determine the results.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 101 1 January 2024 – 31 December 2024. Female (person) Male (person) Other (person) No information (main) Total MFB Plc. Total number of non-employees 2 5 0 0 7 Number of self-employed persons not employed 0 0 0 0 0 Persons made available by undertakings engaged in 'employment activities' 0 0 0 0 0 Hiventures Plc. Total number of non-employees 0 0 0 0 0 Number of self-employed persons not employed 0 0 0 0 0 Persons made available by undertakings engaged in 'employment activities' 0 0 0 0 0 MFB-Property Development Plc. Total number of non-employees 0 0 0 0 0 Number of self-employed persons not employed 0 0 0 0 0 Persons made available by undertakings engaged in 'employment activities' 0 0 0 0 0 MFB Invest Plc. Total number of non-employees 0 0 0 0 0 Number of self-employed persons not employed 0 0 0 0 0 Persons made available by undertakings engaged in 'employment activities' 0 0 0 0 0 MKK Plc. Total number of non-employees 17 4 0 0 21 Number of self-employed persons not employed 0 0 0 0 0 Persons made available by undertakings engaged in 'employment activities' 17 4 0 0 21 The MFB Internship Program has been in place at MFB Plc. for years, which provides the framework for employing full-time students participating in higher education and with an active student status. This is done by using an external service, a student cooperative partner. We have placed great emphasis on the continuous supply of new students and the provision of a professional career plan and perspective from the very beginning, so the primary goal of the Program is to expand the practical knowledge of students. Interns can join various work functions of the organization, and their activities consist of an average of three-quarters of professional tasks related to the field and one-quarter of administrative tasks. Their work is coordinated by the Bank's experienced (senior) employees, so-called Mentors. For students who perform outstandingly during the Internship Program, the Bank even offers the possibility of a full-time employment contract. In 2024, we employed a total of 60 full-time students in internship positions, 38 of whom further strengthened the MFB team at the end of the year. After the termination of the student status, 9 people were employed full-time in junior positions, which is an outstanding number compared to previous years. Our interns spend an average of 1 year in the Bank's various functions. To support the internship program, the Bank has provided 118,1 million HUF in 2024. The employment of external consultants performing expert and advisory tasks is carried out within the framework of a separate agency contract.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 102 At Hiventures Plc., in addition to its own employees, there were 2 student part-time employees - employed through a student cooperative. At MFB Invest Plc., 1 retired part-time employee - employed through a pensioner cooperative - helped the work of the secretariat. MKK Plc. employed 19 people through workforce leasing, in addition to 2 student workers who supported the organization's operations. MFB-Property Development Plc. employs only its own workforce. 7.1.2 Remuneration and benefits In 2024, the MFB Group continued to enforce the principles of fair performance-based remuneration in its operations. An important pillar of the motivation and recognition of its employees is the remuneration and benefit system, the principles of which can be found in the remuneration rules of the MFB Group companies. The employee remuneration system is built up of a basic salary and a performance-based salary. Companies' executive employees, executive officers and members of the Supervisory Board are subject to specific remuneration rules for each company in the Group. In the case of subsidiaries, the remuneration policies applicable to the employees of each company are approved by MFB Plc., which exercises the founder's rights, and in the case of MFB Plc., by the CEO. These policies are available on the intranet interfaces of each company and are implemented in coordination between the human resources divisions. There is no collective bargaining agreement in force at the MFB Group. The operation of the performance evaluation system is described in Chapter 7.1.5 Training and development. At MFB Plc., MFB-Property Development Plc. and MKK Plc., remuneration is paid in line with the applicable benchmarks. The uniform methodology of the Hay- method allows for objective comparisons between the positions of different organizations. Job roles are categorized into levels based on three basic factors: professional/practical knowledge, problem-solving and responsibility. Job levels are the basis for a uniform classification system. Companies annually acquire the relevant reference salary bands for the classification levels, and adjust the wages of their employees accordingly, if the business plan approved by the owner allows it. In addition, in the case of MFB Plc., the Human Resources Directorate will also publish the table containing the positions assigned to each organizational unit and the classification levels of the positions – developed according to the Hay- method – on the Bank's intranet interface. Hiventures PLC. and MFB Invest Plc. determine the wage bands, and wages within those ranges based on the annual wage market benchmarks of the consulting company Kornferry and the Hay levels. The wage range data developed on the basis of these will be decisive in the wage development plans of the Group’s companies, during internal transfers and promotions, and when hiring new employees. In the year 2024, the number of employees in the MFB Group whose wages are below the applicable benchmark was not significant, as detailed in the table below: 31.12.2024 MFB Plc. MFB-Property Development Plc. MKK Plc. Hiventures Plc. MFB Invest Plc. Total (person) Number of empleyees (person) 527 17 293 63 28 928 Employees earning below the salary band (person) 36 0 12 6 1 Employees earning below the salary band (%) 6,8 0,0 4,1 9,5 3,6

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 103 In order to mitigate the effects of inflation and preserve the long-term competitiveness and workforce of the MFB Group, the 2024 business plan of MFB Plc. included a 10% annual average raise, which was implemented in a differentiated manner – based on management discretion, but according to uniform principles – in mid-2024. The raise affected approximately 81% of their employees. The aim of the Group's member companies is to operate fringe benefit systems that align with individual needs of their employees, while being based on uniform principles within each company. These systems are designed to strengthen employees' identification with the company’s goals and enhance their loyalty. These provisions, which vary from company to company, are always detailed in the corporate benefit policies. In addition to statutory benefits, the Group's member companies provided their employees with various ad hoc benefits, benefits necessary for carrying out activities, benefits related to the health status and safety of employees, cafeteria and other benefits in 2024. Employees had access to, among other things: • risk life and accident insurance, • subsidising the use of private cars, • financial support adapted to certain life situations (e.g. salary advance, employer loan for housing purposes), • specialized training and further training opportunities. With the exception of MFB-Property Development Plc., the companies also provide healthcare for their employees, and the employees of MFB Plc. are also provided with discounted holiday and sports facilities. Among the benefits offered by the Group's member companies, their individual employee benefit plans stand out, in which employees can choose the package that best suits their needs from the range of benefits determined by each company, up to a certain annual budget. All MFB Group companies provide social protection to their employees to varying degrees through state programs or benefits provided by businesses against the main income losses described below. In the event of termination of employment, as the main loss of income, the Group shall act in accordance with the applicable legislation, including the rules on severance pay and notice periods. At MFB Plc., social protection consists of the following elements: In the case of parental leave, paternity leave is 10 working days, compensated by 100% absence pay, while for the duration of parental leave of up to 44 working days, the employee is entitled to ten percent of the absence pay. In the event of retirement, the employee will receive a benefit equal to two months' absence pay if the Bank does not wish to continue employing him or her through a new employment relationship or any other legal relationship, or if the employee rejects the Bank's initiative to do so. The Bank also provides a voluntary pension fund contribution to employees, and additional contributions can be requested from the customized employee benefit plan budget. In the case of occupational injury and acquired disability, accident health care services, accident sick pay and accident allowance are provided in accordance with the law, as well as assistance arising from extraordinary circumstances and social assistance related to long-term illness may be provided on the basis of internal rules. In the event of illness, sick pay is provided in accordance with the law, as well as assistance due to extraordinary circumstances and social assistance related to long-term illness based on internal rules, the maximum rate of which may be up to the applicant's monthly base salary. "Social assistance related to long-term illness" in connection with certain types of illnesses (especially heart attack, cancer, stroke, condition or illness associated with permanent disability, as well as traumatic injuries) may be granted for the entire duration of the incapacity to work, but for a maximum of two years. Its monthly rate may not exceed ten times the prevailing minimum wage.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 104 The statutory "carer's working time allowance" (to which the employee is entitled for the purpose of providing personal care to a relative or a person living in the same household as the employee for serious health reasons, and the amount of which is a maximum of five working days per year) is compensated by MFB Plc. with a 100% absence fee. At Hiventures Plc. and MFB Invest Plc., the optional fringe benefits also include support during parental leave, so their employees receive a one-time gross support of HUF 150 000 at the birth of a child. In the event of illness, the companies also provide private medical care and health insurance services that include diagnostic tests. In the event of occupational injury and acquired disability, group life and accident insurance services provide protection that is available to all employees employed by the Group. In the event of retirement, both company benefits and government programs contribute to the financial security of employees, ensuring a peaceful and safe retirement. In addition, employees have the opportunity to save for retirement at the expense of their annual customized employee benefit plan budget, and employees who have already retired can apply for continued employment as employees or through a pensioner cooperative. In the case of MFB-Property Development Plc., the following social protection measures have been introduced. Parental leave includes both the parental leave defined by Hungarian legislation and the additional leave granted to fathers. Employees can receive a voluntary pension fund employer contribution within the framework of the cafeteria system. In the event of an occupational injury or acquired disability, employees are provided with an occupational medical examination, as well as accident-related healthcare services, accident sick pay and accident annuities in accordance with the law. Additionally, group life and accident insurance is also available. In the event of illness, employees may take a maximum of three working days of absence per year without a medical certificate, and they will be entitled to fifteen working days of sick leave per calendar year for the duration of the incapacity for work due to illness. In the field of social protection, MKK Plc. offers a number of opportunities to its employees. Their Interest and Benefit System outlines the Assistance System, which supports the company's employees in various life situations, such as childbirth, death, parental leave, leave at the beginning of the school year, carer’s working time allowance, and in the case of basic paternity leave under Act I of 2012 on the Labour Code (hereinafter: Labour Code), an additional 5 days will be supplemented to full pay. In addition to these, the company also provides an employer's home loan. MKK Plc. supports the voluntary pension fund employer's contribution, which helps employees to maintain their financial security during their retirement years. In the event of occupational injury and acquired disability, group life, accident and health insurance provides protection for all full-time or part-time employees. In the event of illness, MKK Plc. supports various health care services, occupational medical care, on-site medical consultation, general screening tests, and the use of health insurance services in case of illness. Within the framework of the customized employee benefit plan system, employees can also apply for a health fund employer's contribution, which provides health preservation and preventive services for employees and their family members. 7.1.3 Supporting work-life balance As an employer, the MFB Group places great emphasis on supporting work-life balance, with a special focus on providing family-friendly working conditions and benefits that take into account the needs of employees with families. Work-life balance is supported by the MFB Group’s system of work on core time and fringe hours; where on fringe hours, the work of the given day can be flexibly adjusted (within full-time work, work is mandatory on core time 7 while work during fringe hours 8 is determined by the employees). In 7 Core time is the period from 9:00 a.m. to 4:00 p.m. from Monday to Thursday, and on Friday from 9:00 a.m. to 2:00 p.m. 8 fringe hours are 7.00 a.m. to 9.00 a.m. and 4.00 p.m. to 7.00 p.m from Monday to Thursday, while on Friday from 7.00 a.m. to 9.00 a.m. and from 2.00 p.m. to 5.00 p.m.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 105 accordance with the law, all employees are entitled to paid annual leave calculated in accordance with the Labor Code, which the Banking Group strives to provide at the times specified by the employee, if possible. In addition, if they meet the conditions set out in the Labor Code, all employees are also entitled to family leave in the following form according to the Labor Code: additional leave for a child, paternity leave, parental leave. The table below shows in detail the distribution of family leave in 2024, for the headcount on the closing date of the reporting period (31 December 2024). In this case, family leave includes maternity leave, paternity leave, parental leave and carer's leave. 1 January 2024 – 31 December 2024. Female Male Other No information Total MFB Plc. Number of employees entitled to family leave (number) 125 104 0 0 229 Percentage of staff entitled to family leave (%) 23,7 19,7 0 0 43,5 Number of eligible employees disaggregated by gender who took family leave (number) 123 97 0 0 220 Percentage of eligible staff members broken down by gender who have taken family leave (%) 98,4 93,3 0 0 41,7 Hiventures Plc. Number of employees entitled to family leave (number) 9 7 0 0 16 Percentage of staff entitled to family leave (%) 14,3 11,1 0 0 25,4 Number of eligible employees disaggregated by gender who took family leave (number) 9 7 0 0 16 Percentage of eligible staff members broken down by gender who have taken family leave (%) 100 100 0 0 100 MFB-Property Development Plc. Number of employees entitled to family leave (number) 4 4 0 0 8 Percentage of staff entitled to family leave (%) 23,5 23,5% 0 0 47 Number of eligible employees disaggregated by gender who took family leave (number) 4 4 0 0 8 Percentage of eligible staff members broken down by gender who have taken family leave (%) 100 100 0 0 100 MFB Invest Plc. Number of employees entitled to family leave (number) 4 8 0 0 12 Percentage of staff entitled to family leave (%) 14,3 28,6 0 0 42,9 Number of eligible employees disaggregated by gender who took family leave (number) 4 8 0 0 12 Percentage of eligible staff members broken down by gender who have taken family leave (%) 100 100 0 0 100 MKK Plc. Number of employees entitled to family leave (number) 16 20 0 0 36 Percentage of staff entitled to family leave (%) 5,5 6,8 0 0 12,3 Number of eligible employees disaggregated by gender who took family leave (number) 7 5 0 0 12

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 106 1 January 2024 – 31 December 2024. Female Male Other No information Total Percentage of eligible staff members broken down by gender who have taken family leave (%) 43,8 25 0 0 4,1 In order to ensure a healthy work-life balance, MFB Plc.'s employees are entitled to both monetary and non-monetary individual and family support benefits. Cash benefits include one-off and regular non- refundable grants/aids under the Benefits Policy, the combined amount of which has increased dynamically in recent years. The Bank provided non-monetary family support as well with a wide range of tools in 2024. Employees returning from maternity leave are provided with the opportunity for flexible work, and they are also helped by the MFB Maternity Compass with useful information about their return. The MFB Daycare serves as summer accommodation for the employees' children, while the MFB Aprófalva Workplace Nursery was established to supervise the employees' young children during the day. During the summer holidays, MFB Daycare provides daytime programs for the children of bank employees aged 4-12 for seven weeks. In 2024, a total of 114 children participated in the programs provided by MFB Daycare, many of them for two or three turns. At the beginning of October 2022, the Aprófalva Workplace Nursery, located in the headquarters of MFB Plc., was opened, and continued to operate in 2024. The nursery is available free of charge for all employees. In 2024, 11 children were supervised in the nursery with the help of 4 early childhood educators. At MFB Plc., the measures related to ensuring work-life balance have been further expanded in line with the amendments to the Labour Code published at the beginning of 2023, and additional paternity leave, parental leave and carers' working time allowances have been introduced. MFB Plc. provides a 100% absence pay for the entire period of paternity leave and the carer's working time allowance to a positive extent exceeding the relevant rules of the Labour Code. In addition, recreational leave has appeared as a new element, which is a form of recognition of the performance and loyalty of employees who have been employees of MFB Plc. for a long time, and who are entitled to 5 working days of recreational leave after 5, 10, 15, 20, 25 or 30 years of employment. The effectiveness of the measures presented above is also supported by the fact that in 2022, MFB Plc. obtained the "Family-Friendly Place" trademark, which was awarded by the auditors of the Family- Friendly Hungary Centre, for example, regarding the methods of employment, employee benefits and support, and the steps taken to support corporate community building and physical and mental health. MFB Plc. was entitled to use the trademark for 2 years, after which it obtained the Family-Friendly Workplace qualification for another two years in December 2024, after thorough preparatory work. In 2024, MKK Plc. provided employees with families with the allowance and back-to-school support for the birth of a child, as well as the reimbursement of the costs of nursery and kindergarten care at the expense of the annual cafeteria budget. In addition, leave at the beginning of the school year available to parents with children under the age of 14 was also introduced, and they could take one day of leave on the 1 st of September. At Hiventures PLC. and MFB Invest Plc., employees could take advantage of similar initiatives. In addition to the childbirth allowance, the back-to-school allowance and the reimbursement of the costs of nursery and kindergarten care that can be chosen from the annual customized employee benefit plan budget, they were also provided with an allowance that can be claimed at the time of marriage, as well as the allowance that can be claimed by large families. MFB- Property Development Plc. supported the work-life balance of its colleagues in accordance with the law, and in 2024, the allowance and back-to-school allowance for the birth of a child was available to employees with families.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 107 7.1.4 Health and safety at work The MFB Group has introduced and applies several measures, programs and practices in order to ensure a high level of occupational health and safety, recognising their importance for the overall well-being and performance of employees. These efforts not only serve to comply with legal requirements, but also aim to increase employee satisfaction and well-being. The companies of the MFB Group have occupational accident prevention policies, which are available on the intranet interfaces. These occupational safety policies lay down the internal occupational safety rules and requirements of companies, the rights and obligations of companies as employers and employees related to occupational Health and Safety, as well as the related procedural rules. Occupational safety rules also determine the requirements for safe and non-hazardous work within the framework of legislation and standards, as well as the reconciliation of interests related to occupational safety, the protection of the interests of employees, and the rights and obligations of occupational safety representatives. These policies are approved by the CEOs of the companies. Due to the nature of office work, the preparedness of colleagues and responsible behaviour in the MFB Group, the number of workplace accidents is typically low. The scope of the Group's health and safety management system covers all employees. The table below shows in detail the number of work-related injuries and illnesses in 2024, as well as the distribution of work-related registered accidents and illnesses, as well as the number of days lost due to them. The Group's occupational Health and Safety actions include occupational safety inspections, regular and organized trainings, and extensive health promotion programs. Every year, the Group's employees undergo mandatory fire and occupational safety training, which describes the necessary precautions and the rules of safe work in accordance with the legal requirements. To support the physical and mental health of employees, MFB Plc. has introduced and operates several measures and programs. The measures set out in the Annual Human Resources Management Plan for 1 January 2024 – 31 December 2024. MFB Plc. Hiventures Plc. MFB-Property Development Plc. MFB Invest Plc. MKK Plc. Total Number of employees covered by the health and safety management system (number) 527 63 17 28 293 928 Percentage of employees covered by the health and safety management system (%) 100 100 100 100 100 100 Number of deaths from work-related injuries (number) 0 0 0 0 0 0 Number of deaths due to work-related illnesses (number) 0 0 0 0 0 0 Number of work-related accidents to be registered (number) 0 0 0 0 2 2 Number of work-related illnesses to be registered among the employees of the enterprise (number) 0 0 0 0 0 0 Number of days lost due to work-related injuries and deaths, work-related illnesses and deaths due to work- related accidents (days) for the company's employees 0 0 0 0 0 0

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 108 2024 focused on employee retention, recreation and community-building programs. In the spirit of supporting physical health, the Bank provided running shirts for its employees and took over the entry fee for marathon races, thus promoting active participation in community sports activities and team building. Four times a week, small group exercise classes such as yoga, spinal gymnastics and pilates were also held, which aimed to alleviate the harmful effects of office work. To support mental well- being, free psychological counselling was introduced in September 2024, which is available once a week, five consecutive times, for a period of 50 minutes per occasion, in the Bank's designated counselling room. The popularity of the program is shown by the fact that about 14% of the Bank's total number of employees applied for counselling. In 2024, several events and community programs were also implemented, such as the MFB Picnic, MFB Christmas and the MFB Santa Claus celebration. These measures make a significant contribution to increasing employee satisfaction, strengthening community spirit and team building, thus supporting the company's long-term goals. As part of its 2024 programs, MFB-Property Development Plc. organized a team-building event, a joint Christmas dinner, a professional event – participation in the renovation of the Veszprém Cathedral – and joint lunches with employees to have a further positive impact on its own employees. For MKK Plc. the health of its employees is also important, so they have taken several measures to preserve it in 2024. These include fruit days once a week, a health assessment financed by MKK Plc., a bi-monthly occupational doctor's appointment and a biennial manager screening, which can be used in addition to health insurance and various screening tests (for example, in the case of spinal and musculoskeletal complaints). In addition, employees are also offered an annual unlimited gym pass, and they also support the reduction of the development of disorders caused by sedentary work with an ergonomic office design. In order to strengthen the work-life balance, MKK Family Day, Santa Claus Day and Christmas events are organized annually, which were not only available to active employees. 7.1.5 Training and development In 2024, the MFB Group continued its professional development, training and skills development activities for its employees. In total, Group employees spent 23 138,8 hours on training in 2024. There is no significant difference between women and men in terms of the average number of training hours. The Group is committed to providing equal opportunities for its employees, including gender equality and equal pay for work of equal value, in performance appraisal, as well as in targeted career promotion. In 2024, 907 employees across the Group, participated in regular performance and career development reviews representing 97,74% of the total workforce. 1 January 2024 – 31 December 2024. Female Male Other No information Total MFB Plc. Number of staff involved in regular performance and career development reviews (number) 308 219 0 0 527 Staff participation in regular performance and career development reviews (%) 58,4 41,6 0 0 100 Average number of training hours by gender (hours) 13,0 15,4 0 0 14,0 Hiventures Plc. Number of staff involved in regular performance and career development reviews (number) 24 20 0 0 44 Staff participation in regular performance and career development reviews (%) 54 46 0 0 100 Average number of training hours by gender (hours) 5 5 0 0 5,0 MFB- Property Develop Number of staff involved in regular performance and career development reviews (number) 9 8 0 0 17 Staff participation in regular performance and career development reviews (%) 52,9 47,1 0 0 100

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 109 1 January 2024 – 31 December 2024. Female Male Other No information Total Average number of training hours by gender (hours) - 9 - - - - MFB Invest Plc. Number of staff involved in regular performance and career development reviews (number) 15 11 0 0 26 Staff participation in regular performance and career development reviews (%) 57,7 39,3 0 0 92,9 Average number of training hours by gender (hours) 10,6 10,6 0 0 10,6 MKK Plc. Number of staff involved in regular performance and career development reviews (number) 201 92 0 0 293 Staff participation in regular performance and career development reviews (%) 68,6 31,4 0 0 100 Average number of training hours by gender (hours) 15 17,8 0 0 15,9 1 January 2024 – 31 December 2024. Permanent staff Temporary staff Staff with an availability obligation Total Average number of training hours per employee (hours) MFB Plc. 14 0 - 14 Hiventures Plc. 5 0 - 5 MFB-Property Development Plc. - 10 - - - MFB Invest Plc. 10,6 0 - 10,6 MKK Plc. 16,2 9,3 - 15,9 The training system of MFB Plc. is defined in the annual training plan, which has been compiled for the year 2024 as well. The training plan for each business year is tailored annually at the Bank, as it not only includes the mandatory trainings, but it also tries to incorporate the current needs of colleagues when defining the optional training programs. The Labour Rules set out the list of training courses that employees working in certain departments of the Bank must undertake. This policy is available on the company's intranet interface and is approved by the CEO. These training materials, mandated by internal banking rules and relevant legislation, must be completed independently through the e-learning training and examination system, followed by a mandatory assessment.. The optional trainings are included in the 2024 training catalogue, which has been compiled by the Bank from the opportunities available on the market, considering the individual needs of employees. All internal and externally organized trainings are evaluated. In this introduced feedback system, it is possible to fill in an evaluation questionnaire after each training, which helps to continuously improve the quality of the training and adapt it to needs based on pre-defined evaluation criteria and evaluation scales. MFB Plc. pays special attention to supporting the professional development of its employees, which is supported with learning and development activities and other tools. It places great emphasis on the continuous resupply of employees, and on providing a professional career plan and perspective from the beginning. At MFB Plc., the details of the performance-related compensation are set out in the policy: "On the Method and Extent of Remuneration for Certain Executive and Non-Executive Employees" approved by the Chairman-CEO, which is available to employees on the intranet interface. Based on the provisions, the performance plan consists of two parts: performance objectives and competency development objectives. If possible, it is established at the same time as the approval of the business 9 In the case of MFB-Property Development Plc., data on training hours for the year 2024 are not available. 10 In the case of MFB-Property Development Plc., data on training hours for the year 2024 are not available.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 110 plan for the current year, or within 30 days thereafter, and in exceptional cases even after that. When preparing the performance plan, the deadline for completing the target tasks must be set, which cannot be later than 31 December of the given year. Additionally, the criteria for competency development goals must also be defined. The performance plan is prepared by the direct supervisor of the employee, as specified in the job description, who may, if necessary, involve another manager or a higher-level superior within the relevant field to determine the performance goals and the competency development criteria. The performance plan is evaluated by the employee's direct superior as indicated in the job description, who may involve another manager or superior manager of the given field in the evaluation if necessary. The performance targets set for the employee are determined according to the overall organizational goals, board/departmental goals and individual professional goals related to the fulfilment of the business plan. For all employees, up to four standardized key performance indicators (one of which is a sustainability indicator) will be established as part of the overall organizational goals. Meanwhile, competency development goals are defined based on the competencies outlined in the Competency Catalogue prepared by the Human Resources Directorate. In 2024, the managers were also responsible for ensuring that MFB Plc.'s employees participate in training programs of the appropriate quantity and quality, enabling them to acquire the knowledge necessary for more efficient work and develop the competencies specified in the performance plan. In accordance with the bank's expectations – business targets and competency expectations – the continuous development of employees and the strengthening of employee retention are key goals. In 2024, based on the competency expectations of the job, the Bank-wide development needs were determined by aggregating the competency development direction defined for each employee in the individual performance evaluations. In terms of training programs, the main focus areas in 2024 were job-related hard skills training, support for English language teaching, and the provision of individual coaching. In MKK Plc.'s 2024 training strategy, the primary objectives were not only to expand employees' existing knowledge but also to support individual ambitions and encourage the acquisition of new skills. The 2024 Human Resource Management Plan of MKK Plc. set key goals, including broadening training and development activities, as well as focusing on organizational and skills development. Based on these objectives, the company's 2024 training plan includes various formal and non-formal education programs, centrally organized professional and specialized internal training sessions, development workshops, and a range of external training programs, such as legally mandated continuing education courses. 7.2 Diversity and equality Material topic Equal treatment and opportunities Used standards ESRS S1 Introduction An overview of the MFB Group's training programs, talent and career management initiatives, as well as its efforts to promote equal treatment and opportunities. Supported Sustainable Development Goals (UN SDG) Relevance of the material topic to the MFB Group Basis of materiality Impact materiality, Financial materiality Impacts MFB places a high priority on ensuring equal opportunities within the organization, with a primary focus on gender equality.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 111 As a result, there has been no significant difference in the average salaries between men and women within the same employee categories. The Bank's code of conduct includes the condemnation of all forms of discrimination—based on gender, age, religion, race, political and trade union affiliation, language differences, and other distinctions—as well as the respect for the rights of persons with disabilities. Financial risks - Financial opportunities In terms of own workforce, a diverse workforce has several potential opportunities, the exploitation of which can increase the satisfaction and efficiency of MFB's employees and the profitability of the MFB Group. Management of the material topic Connection to ESG strategy Responsible company Corporate Policies Related policies and rules of Hiventures Plc.: • Code of Conduct and Ethics Related policies and rules of MFB Plc.: • Labor Rules • On the method and extent of the remuneration of certain senior and non-executive employees • Code of Conduct and Ethics Related policies and rules of MFB-Property Development Plc.: • Code of Ethics Related policies and rules of MFB Invest Plc.: • Code of conduct appropriate to the workplace Related policies and rules of MKK Plc.: • Code of Conduct and Ethics Actions Training program according to the Educational Plan of MKK Plc. Training program according to the Training Catalogue of MKK Plc. MFB Plc. Training program according to the training plan Training program according to the Training Catalogue of MFB Plc. Actions under the Equal Opportunities Plan of MKK Plc. Metrics Staff participation in regular performance and career development reviews (%) Average number of training hours by gender (hours) Total number of cases of discrimination, including harassment (number) Number of serious human rights incidents related to the company's workforce (number)

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 112 Percentage of employees with disabilities (%) Targets The companies of the Banking Group do not assign quantified, measurable KPIs to the material topic of equal treatment and opportunities. 7.2.1 Equal treatment and opportunities For the MFB Group, the promotion of diversity, equal treatment and equal opportunities are fundamental values. The Banking Group believes that its efficiency and effectiveness are influenced by openness and a positive attitude towards novelties. It does not have a Group-level policy on the subject, and the related rules are displayed in the internal rules of the subsidiaries. These are in line with internationally recognised instruments, including the UN Guiding Principles on Business and Human Rights, in spirit and content, but do not specifically mention this fact. Within the Banking Group, each company has stipulated in its Code of Conduct and Ethics approved by the CEO and, in the case of MFB Plc., the Board of Directors: It is committed to condemning all forms of discrimination, including discrimination based on gender, age, religion, race, political and trade union affiliation, linguistic differences and other kinds of discrimination, and to respect the rights of people with disabilities. These policies are available on the Banking Group's intranet interfaces, and commitments related to ethical principles and equal treatment can also be found on their own website. MKK Plc. has commitments specifically related to the promotion of diversity within the Banking Group, which are set out in its Equal Opportunities Plan. The Group's policies for employees do not specifically mention prohibitions related to human trafficking, forced labour and child labour. Given that these prohibitions are prohibited by international conventions, agreements and domestic legislation, the Group excludes the possibility of human trafficking, forced labour and child labour by complying with labour regulations. The MFB Group companies are committed to ensuring that their employees are not subject to discrimination based ongender, race, native language, skin colour, ethnic or social origin, genetic features, religious or other beliefs, national minority status, financial situation, ancestry, marital status, health, disability, geographical location, age or sexual orientation. The companies ensure equal opportunities and treatment for all their employees regardless of gender, in recruitment, remuneration, career development and succession opportunities, return to work after a long absence from work and access to training. At the same time, the MFB Group does not have group-level or subsidiary-level targets in relation to the effects related to diversity and equal treatment. More information on discrimination and related human rights complaints is presented in Chapter 7.3.3 Employee Reporting Channels. In the Equal Opportunities Plan of MKK Plc., various employer measures have been named to promote equal opportunities, including: • providing support for employees raising children and organising various events, • providing part-time employment opportunities, • ensuring equal opportunities, in particular regarding the training needs of workers over 40 and under 25 years of age, in terms of access to training programs • keeping in contact with employees on unpaid leave in connection with childcare, keeping them informed of the opportunities that affect them, in order to help them return to work. In order to implement the provisions of the Equal Opportunities Plan, an equal opportunities manager was also appointed at MKK Plc., who was the head of the human resources management team in 2024. At the MFB Group, gender equality has been prioritized within the organization. Their employees are predominantly female (60,6%), while the proportion of men in senior management is higher (78,9%). 66,5% of our workers are between 30 and 50 years old, and our colleagues under the age of 30 and those over 50 are present in smaller numbers in the Group. In accordance with the employment principles, the Group strives to cover the entire spectrum of employees' careers. We have published more information

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 113 about the MFB Internship Program and employment through the pensioner cooperative in Chapter 7.1.1 Introduction of our employees. Although the Group currently employs a small number of people with disabilities - a total number of 3-, they recognise the importance of a diverse workforce and the benefits of an inclusive workplace culture. At present, there are no specific measures to increase the employment of persons with disabilities, but the MFB Group remains open to opportunities and solutions to more effectively support the integration and employment of these employees. The determination of the numbers of persons with disabilities was carried out according to the Act CXCI of 2011. Number of senior executives of the MFB Group by gender 1 January 2024 – 31 December 2024. Gender distribution of executive management Female Male Other No information Total MFB Plc. number 2 9 0 0 11 % 18,2 81,8 0 0 100 Hiventures Plc. number 0 1 0 0 1 % 0 100 0 0 100 MFB-Property Development Plc. number 1 0 0 0 1 % 100 0 0 0 100 MFB Invest Plc. number 0 2 0 0 2 % 0 100 0 0 100 MKK Plc. number 1 3 0 0 4 % 25 75 0 0 100 Number of MFB Group employees broken down by age 1 January 2024 – 31 December 2024. Distribution and number of employees Female Male Other No information Total MFB Plc. Under 30 years of age number 15 17 0 0 32 % 2,8 3,2 0 0 6,1 Between 30 and 50 years number 205 143 0 0 348 % 38,9 27,1 0 0 66 Over 50 years of age number 88 59 0 0 147 % 16,7 11,2 0 0 27,9 Hiventures Plc. Under 30 years of age number 5 4 0 0 9 % 7,9 6,3 0 0 14,3 Between 30 and 50 years number 22 24 0 0 46 % 34,9 38,1 0 0 73 Over 50 years of age number 1 7 0 0 8 % 1,6 11,1 0 0 12,7 MFB-Property Development Plc. Under 30 years of age number 0 0 0 0 0 % 0 0 0 0 0 Between 30 and 50 years number 7 5 0 0 12 % 41,2 29,4 0 0 70,6

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 114 1 January 2024 – 31 December 2024. Distribution and number of employees Female Male Other No information Total Over 50 years of age number 2 3 0 0 5 % 11,8 17,6 0 0 29,4 MFB Invest Plc. Under 30 years of age number 0 0 0 0 0 % 0 0 0 0 0 Between 30 and 50 years number 10 6 0 0 16 % 35,7 21,4 0 0 57,1 Over 50 years of age number 6 6 0 0 12 % 21,4 21,4 0 0 42,9 MKK Plc. Under 30 years of age number 16 7 0 0 23 % 5,5 2,4 0 0 7,9 Between 30 and 50 years number 129 66 0 0 195 % 44 22,5 0 0 66,6 Over 50 years of age number 56 19 0 0 75 % 19,1 6,5 0 0 25,6 Number of persons with disabilities in the MFB Group by gender MFB Plc. number 0 0 0 0 0 % 0 0 0 0 0 Hiventures Plc. number 0 0 0 0 0 % 0 0 0 0 0 MFB-Property Development Plc. number 0 0 0 0 0 % 0 0 0 0 0 MFB Invest Plc. number 0 0 0 0 0 % 0 0 0 0 0 MKK Plc. number 2 1 0 0 3 % 0,68 0,34 0 0 1,02 The percentage of the gender pay gap within the MFB Group in 2024 and the ratio of the median annual remuneration of the person with the highest income to the median annual remuneration of employees (excluding the person with the highest income) are presented in detail in the tables below for each company. In 2024, there was no significant difference between the average wages of men and women within the same categories of workers. 1 January 2024 – 31 December 2024. Number and proportion of people with disabilities among its employees Female Male Other No information Total

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 115 Gender pay gap 1 January 2024 – 31 December 2024. Company Difference between the average pay level of female and male employees, expressed as a percentage of the average salary level of male employees (%) MFB Plc. 85,1 Hiventures Plc. 77,7 MFB-Property Development Plc. 97,5 MFB Invest Plc. 75,7 MKK Plc. 76,75 Wage Difference Between the Annual Remuneration of the Person with the Highest Income and the Median Annual Remuneration of All Employees 1 January 2024 – 31 December 2024. Company Ratio of the total annual remuneration of the highest paid individual to the median of the total annual remuneration of all employees (excluding the highest paid individual) (%) MFB Plc. 454,55 Hiventures Plc. 322,64 MFB-Property Development Plc. 217,39 MFB Invest Plc. 199,2 MKK Plc. 652,46 When compiling the information on the pay gap between female and male employees (gender pay gap), we calculated according to the requirements of the ESRS. We included the gross hourly earnings of all employees and then divided the difference between the average gross hourly earnings of male and female employees by the average gross hourly earnings of male employees, thus forming the percentage. 11 When compiling the indicator on the ratio of the total annual remuneration of the person with the highest income to the median annual total remuneration of all employees (excluding the highest-paid individual), we included all employees in the calculation and, depending on the companies' remuneration policies, we considered the base salary (which is the sum of guaranteed, short-term and non-variable cash income); cash payments (which are the sum of basic salaries and cash benefits, bonuses, commissions, cash bonuses and other forms of variable cash payments); in-kind benefits (e.g. cars, private health insurance, life insurance, well-being programs); and direct remuneration (which includes the total monetary payments, in-kind benefits, and the full real value of all annual long-term incentives, such as stock option grants, restricted voting shares or stock units, growth-oriented shares or stock units, phantom shares, stock appreciation rights, and long-term cash incentives). Based on the data obtained, the total annual compensation of the person with the highest income in the company was proportioned to the median total annual compensation of employees (excluding the person with the highest income). 12 11 The formula according to ESRS S1 S1-16 AR 98 is: Gender pay gap=[(Average gross hourly earnings of male employees - average gross hourly earnings of female employees)/(Average gross hourly earnings of male employees)] x100 12 The formula according to ESRS S1 S1-16 AR 101: Total annual remuneration to the person with the highest income in the enterprise)/(Median total annual remuneration of employees (Excluding the person with the highest income

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 116 7.3 Retaining our employees Material topic Other work-related rights Used standards ESRS S1 Introduction Description of the MFB Group's initiatives supporting occupational health and safety and work-life balance, as well as its complaint handling processes. Supported Sustainable Development Goals (UN SDG) Relevance of the material topic to the MFB Group Basis of materiality Impact materiality, Financial materiality Impacts Respect for human rights is an important aspect in relation to both business partners and employees, which MFB Plc. places great emphasis on in its rules, organisation of operation, communication and complaint handling processes. Financial risks - Financial opportunities With the help of the employee well-being program, MFB Group can increase employee satisfaction and employer reputation by supporting work and private life, which may result in the reduction of recruitment difficulties and the reduction of costs. Management of the material topic Connection to ESG strategy Family-friendly workplace Corporate Policies Related policies and rules of Hiventures Plc.: • Code of Conduct and Ethics • Operating rules • Occupational Health and Safety Rules • Instructions from the CEO on the Internal Information on Objection, Complaint Handling and Whistleblowing Related policies and rules of MFB Plc.: • Statutes • Occupational Health and Safety Rules • Anti-corruption policy • Code of Conduct and Ethics • Organizational and Operational Rules • Strategy and policy and procedures for preventing and dealing with fraud • Fraud prevention rules for the use of EU funds Related policies and rules of MFB-Property Development Plc.: • Occupational Health and Safety Rules • Organizational integrity violations policy Related policies and rules of MFB Invest Plc.:

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 117 • Code of Conduct Appropriate for the Workplace • Policy for handling incidents that violate organizational integrity Related policies and rules of MKK Plc.: • Occupational Health and Safety Rules • Code of Conduct and Ethics • Fraud prevention and management policy • Anti-Money Laundering Policy Actions MFB Plc. recreational absence MFB Aprófalva Workplace Nursery MFB Daycare MFB Plc. Physical and mental health support programs MKK Plc. Physical and mental health support programs Metrics Proportion of people taking family leave (%) Percentage of persons covered by the health and safety management system (%) Total number of cases of discrimination, including harassment (number) Targets The companies of the Banking Group do not assign quantified, measurable KPIs to other work-related rights. 7.3.1 Employee communication and consultation We believe that employee information and consultation and the maintenance of two-way communication play an extremely important role in retaining our employees. The MFB Group does not have a unified, group-level information channel or set of regulations for cooperation and communication with employees. Instead, each subsidiary ensures the representation of employee interests and opinions through different methods. The primary channels of communication with employees at the companies constituting the MFB Group are various company policies, instructions, leadership briefing e-mails, as well as "all staff" meetings, online and in-person professional and team meetings, in addition to the intranet website. There is no collective bargaining agreement in force in the Group, nor do the companies have an agreement on the representation of their employees by the European Works Council (EWC),a Societas Europaea Works Council (SE) or a Societas Cooperativa Europaea (SCE) Works Council. The Banking Group has also not concluded any specific agreements dealing with respect for the human rights of its own workforce, given that compliance with this is a legal obligation. The companies' Codes of Conduct and Ethics also state that respect for employees' privacy, personality rights and human dignity is essential to establish a working relationship based on mutual trust. In addition to providing regular information updates, we also consider it important to get to know the opinion of our colleagues regarding the topics affecting the operation of the company and the daily work of employees. There is no dedicated channel for insight into the situation of individuals in the Group's own workforce who are particularly vulnerable and/or marginalised (such as women, migrants and people with disabilities). Our employees can report their comments, problems and suggestions primarily to their immediate superiors and colleagues working in the field of human resources (HR). The proportion of employees covered by employee representation in the Group is 56,8%. Therefore, the HR managers of the Group's member companies are primarily responsible for effective cooperation with

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 118 employees. Information on unlawful or suspected unlawful acts or omissions or other misconduct is reported to companies through an effective and reliable internal whistleblowing system, in compliance with applicable legal and other regulations, which is explained in more detail in Chapter 7.3.3 Employee Reporting Channels. Not all Group member companies measure the effectiveness of cooperation with their own employees using a formalized efficiency assessment method. Additionally, MFB Plc. maintains ongoing cooperation with the works council elected by the employees, serving as their collective representative. This ensures regular and structured communication between the employees and the employer. A further purpose of the council is to ensure the participation of employees in the decisions of the employer. The chairman of the works council is operationally responsible for ensuring cooperation, feedback and incorporating opinions into the bank's operations, who is elected 15 days after the establishment of the council. The Bank also conducts an employee satisfaction survey every two years, which can be found in Chapter 7.3.2 Employee satisfaction. Due to the size of the companies, MKK Plc., MFB-Property Development Plc., Hiventures PLC. and MFB Invest Plc. do not have such channels. 7.3.2 Employee satisfaction In addition to the communication options described in detail in Chapter 7.3.1 Employee communication and consultation, one of the other ways of cooperation and forming a common viewpoint is the assessment of employee satisfaction. Employees are a cornerstone of MFB Group's operations, making it essential for them to regularly share their opinions with management. The Banking Group does not have uniform policies and plans at Group level in relation to satisfaction measurement. MFB Plc. is the only company to develop formalized employee satisfaction measurement processes to monitor the effectiveness of its measures to address material impacts, risks and opportunities on its own workforce. Hiventures PLC., MFB Invest Plc., MFB-Property Development Plc. and MKK Plc. do not have systems dedicated to monitoring this, given that their size and number of employees do not justify it. These companies ensure that the well-being of their employees is assessed through annual team-building programs and face-to-face consultations. They can monitor the effectiveness of this through annual organizational development programs. To foster progress in the workplace community, professional knowledge and the work environment, MFB Plc. uses employee feedback as a guiding tool for leadership to set appropriate goals. In line with this approach, the company launched a questionnaire-based employee satisfaction survey system in 2021. Recognizing the importance of obtaining a real-time and comprehensive view of employee satisfaction, MFB Plc. has committed to repeating the survey every two years. The most recent satisfaction survey was conducted in October 2023 with a 93,1% turnout rate. The satisfaction survey is voluntary and completely anonymous, i.e. the respondent cannot be identified. The Bank provided feedback on the results to all employees – both subordinates and managers – and developed an action plan based on the analysis of the findings to themes requiring intervention. The action plan included commitments to strengthening internal communication and ensuring managerial feedback for all employees. Hiventures PLC. and MFB Invest Plc. incorporate feedback from employees in other ways into their processes. The feedback from Exit interviews is given to managers by the HR business partners, and they take actions if necessary. Concerns raised by managers and HR are always investigated and, if justified, an action plan is developed to overcome the problem. The benefits that can be provided in cafeterias as part of the customized employee benefit plan are reviewed annually, and they are expanded and modified considering the possibilities of social support and the needs of employees. To continuously improve working conditions, the companies take into account the opinion of employees when purchasing and placing office equipment and office decoration. In addition to the training programs, a number of team building and leisure programs are organized according to employee feedback. MFB- Property Development Plc. holds "all staff" meetings several times a year with the participation of all employees, where, in addition to current processes and general topics related to the company's business

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 119 activities, other problems, suggestions and needs are also discussed. Employees can also turn to their direct supervisor at any time with their individual concerns, needs and suggestions, and they receive appropriate and reassuring responses in return. The CEO of the Company, as the exerciser of employer rights, is always available and supports mutually acceptable solutions in HR and other employee issues within short notice. MKK Plc. has introduced an employee initiative called the idea box, which provides an anonymous opportunity for colleagues to formulate their comments and suggestions. In addition, employees can also report their comments to their direct managers and colleagues working in HR, thus ensuring direct two-way communication. 7.3.3 Employee Reporting Channels The MFB Group, as a responsible Banking Group, pays special attention to providing secure and transparent reporting channels for its employees. These channels do not operate at group level, but rather separately at each company, and they allow employees to report any problems, concerns or instances of abuse with confidence, thus ensuring open communication within each company and the effective management of problems. The whistleblowing systems are set up and operated by each company in accordance with the regulations set out in various legal acts. The rules of procedure for their operation are always laid down in internal company rules, which are detailed below. MFB Plc. provides various complaint mechanisms for its own workforce to raise their concerns or needs directly. The Ethics Committee is responsible for the implementation of the Banking Ethics Issues, Act CCXXXVII of 2013 on Credit Institutions and Financial Enterprises (hereinafter: Hpt.) Section 116 of the Complaints Act, notifications pursuant to Act XXV of 2023 on Complaints, Reports of Public Interest and Rules Related to Whistleblowing (hereinafter referred to as the Whistleblowing Act) and Decree 30/2024 (VI.24.) of the National Bank of Hungary on the detailed rules for the implementation of certain obligations of service providers supervised by the National Bank of Hungary under the Act on the Prevention and Combating of Money Laundering and Terrorist Financing, and on the minimum requirements for the development and operation of a screening system for these service providers pursuant to the Act on the Implementation of Financial and Asset Restrictive Measures Ordered by the European Union and the UN Security Council (hereinafter: MNB Decree). Pursuant to Section 34 of the MNB Decree, MFB Plc. operates an anonymous whistleblowing system that allows employees to anonymously report information referring to money laundering, terrorist financing or other criminal offences. In addition, they operate an effective and reliable internal whistleblowing system in accordance with the Whistleblowing Act, which encourages the reporting of illegal acts. The Bank has also implemented the provisions of Act LIII of 2017 on the Prevention and Combating of Money Laundering and Terrorist Financing (hereinafter: Pmt.). Pursuant to Section 33 of the Pmt Act, the Employer considers it unlawful and refrains from taking any adverse action against a whistleblower as a result of their report, particularly any employer action that is disadvantageous or discriminatory from the employee’s perspective. The whistleblower may submit a complaint or a request for legal remedy against the adverse measure to the Ethics Committee. The Bank is committed to protecting the whistleblower from adverse legal consequences, therefore it provides several channels for submitting a complaint anonymously. Reports of described legal violations and other ethical complaints can be submitted through the following channels: by e-mail to: etikaieljaras@mfb.hu address, by post or by internal letter to the registered office of MFB Plc., or on the Bank's website at the https://www.mfb.hu/bejelentes page. The rules and conditions governing the operation of the reporting lines and the Ethics Committee are set out in the Code of Conduct and Ethics. If an employee of MFB Plc. suffers a violation of human rights, the procedures for remedying the harm suffered are also defined within the established ethical process in the Code of Conduct and Ethics. The task of the Ethics Committee is to provide a definite direction for the pursuit of ethical behaviour through its positions and decisions on general and individual cases. The Commission's tasks and powers include taking a stand on general matters related to the application of the Code of Conduct and Ethics, making proposals based on practical experience, further developing the Code of Conduct and Ethics and corporate culture, investigating violations referred to in the Code, and conducting ethics proceedings in individual cases

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 120 in the event of suspicion of ethical violations. The investigation of the report received from the Bank's employees is carried out as part of an ethical procedure, for which 10 working days are available. The documents generated during the ethics procedure are managed by the Compliance Directorate, which is responsible for the lawful handling of the Ethics Committee's documents. If a violation of one or more of the provisions of the Code is proven, but the person subject to the proceedings has not violated any law or other internal regulatory document, the Commission will issue a warning and call on the person to comply with ethical standards. In the event of a breach of the law, the Commission shall establish that it lacks competence and shall inform the relevant superior of the Bank. MFB Plc.'s 2023 employee satisfaction survey also covered how well employees know and trust the processes and channels for raising and managing concerns. The results showed that 74,5% of the employees surveyed believe that internal communication systems and channels are adequate, and 76,3% believe that the available information is always up to date. Employee reporting channels at MFB Plc. Scope of persons entitled to report Location of the reporting channel Legal background Company Policy Name of reporting channel: Suspicion of fraud Anyone – including employees – who has noticed irregularities either in connection with EU tenders or in the case of lending from own funds and wishes to make a report. On the website of MFB Plc., the https://www.mfb.hu/bejelentes page and the csalasmegelozes@mfb.hu e- mail address - Strategy and policy and procedure for the prevention and management of fraud Fraud prevention policy in relation to the use of EU funds Name of reporting channel: Internal whistleblowing (suspected or corrupt conduct) a) the employee, On the website of MFB Plc., the https://www.mfb.hu/bejelentes page Section 18 of the Whistleblowing Act Code of Conduct and Ethics and Anti- Corruption Policy b) the Employee whose Employment Relationship with the Bank has been terminated, and c) a person wishing to enter into an employment relationship with the Bank in respect of whom the procedure for establishing such a legal relationship has been initiated. e) a person holding an ownership stake in the Bank, as well as a Manager or a person in a managerial position of the Bank, g) trainees performing activities for the Bank, Name of reporting channel: Reporting infringements (general) Employees and executive officers of MFB Plc. From the provisions of the Code of Conduct and Ethics (internal instruction) Section 116 of the Hpt. Pursuant to the provisions of the Code of Conduct and Ethics Within the framework of an ethical procedure, before an Ethics Committee

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 121 Hiventures Plc. also provides several complaint mechanisms for its own workforce: electronically, through panasz@hiventures.hu via e-mail, by post or by using the "Anonymous Box" at the the company. Complaints received are handled and registered by the Compliance area, and if necessary, an Ethics Committee is also convened. The rules of the Ethics Committee are set out in the Code of Conduct and Ethics, and the methods and rules of reporting are set out in the company's internal information on objection, complaint handling and whistleblowing. The Ethics Committee may initiate an ethics procedure, hearing and resolution, and may conclude in its decision that no ethical violation has been committed or that one or more provisions of the relevant regulations have been violated. The Commission investigates reports from workers within 10 working days. The whistleblower will be informed in writing of the results of the investigation and the measures taken. The Compliance Directorate keeps a record of reports and actions, and ensures the effectiveness of the system by monitoring reports and analysing feedback. In all cases, the Code of Conduct and Ethics and the Complaint Handling Policies are published in the usual way locally, so that employees know how to raise and address their concerns/needs, but the company does not have an adequate methodology to assess how much employees trust their proper investigation and the effectiveness of these channels. The channels provided to the employees of MFB-Property Development Plc. include the internal whistleblowing system, which allows employees to anonymously report incidents that violate organizational integrity. Its operation is regulated by the company's Code of Ethics and the Policy on Events Violating Organizational Integrity. This channel has been created by the company itself and reports are collected in a closed letterbox, which is regularly checked by the company's Legal Counsel. Employees can also report their concerns electronically through the Privacy Breach Reporting Tool on the company's website. integritassertoesemenyek@mfbingatlan.hu link. MFB-Property Development Plc. provides regular training for employees on reporting options and procedures, thus ensuring that all employees are aware of the available opportunities and trust that reports will be investigated in accordance with regulations. The Internal Audit is responsible for monitoring and resolving the issues raised, filing and evaluating the reports, thus ensuring efficiency. The deadline for investigating reports is usually 30 days, and in urgent cases 15 days, which time frame allows for a quick response. In order to prevent or mitigate significant negative effects on its own workforce, the Company holds all-staff meetings several times a year with the participation of all employees, where other problems, suggestions and needs are discussed in addition to the current processes and general topics related to the company's business activities. In addition, employees can turn to their direct supervisor at any time and share their Name of reporting channel: Whistleblowing system Employees and executive officers of MFB Plc. (those who are aware that the service provider is violating or has violated the provisions of the Pmt. may act through the reporting system) From the provisions of the Code of Conduct and Ethics (internal instruction) MNB Decree Section 34 Pursuant to the provisions of the Code of Conduct and Ethics Within the framework of an ethical procedure, before an Ethics Committee Name of the reporting channel: Rules of complaint and legal remedy against adverse measures related to the submission of a report under the Pmt. An employee who makes a report and who, in his opinion, has been subjected to a disadvantageous measure by the employer From the provisions of the Code of Conduct and Ethics (internal instruction) Section 33 of the Pmt. Pursuant to the provisions of the Code of Conduct and Ethics Within the framework of an ethical procedure, before an Ethics Committee

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 122 individual concerns, needs and suggestions, and they receive appropriate and reassuring responses in return. MFB Invest Plc. has a Workplace Conduct Policy and a Policy for Handling of Events Violating Organizational Integrity, which provide for general ethical principles, norms of conduct and the handling of violations thereof. Employees can report or file complaints regarding observed violations of organizational integrity or breaches of the conduct policy through the following personal channels: their direct supervisor; if the direct supervisor is personally involved, then the supervisor’s superior; or directly to the Internal Auditor. At the time of detection, the cases identified in this manner are to be treated as suspected violations of organizational intergrity, and subsequent investigations may confirm or refute the suspicion. Reported risks and events must be filed under a separate file number upon receipt in accordance with the provisions of the Document Management Policy, ensuring poper record-keeping. During the preliminary assessment of reported risks and events, the Internal Auditor shall, in cooperation with the Chief Legal Officer and the Compliance Officer, investigate whether, according to the available information, the report constitutes an event violating organizational integrity and whether its magnitude and risk warrant an internal audit investigation. The deadline for investigating the reports is 30 days from filing. MFB Invest Plc. takes all necessary measures to ensure that its employees are familiar with the rules applicable to them (e.g. consultations with managers, all-staff meetings, onboarding and annual trainings), but beyond that, it is everyone's individual duty to inform themselves about the effective legal obligations, relevant internal rules, guidelines and instructions related to their own tasks and responsibilities and to comply with them. The Company's effective internal rules are available to all employees on the shared drive. MKK Plc. implements a proactive approach to preventing and mitigating significant negative impacts on its workforce through its internal whistleblowing system. The purpose of this system is to provide employees with the opportunity to report any unlawful or suspected unlawful acts, omissions or other misconduct in connection with suspected fraud, money laundering, ethical issues, even anonymously. Reports related to suspected fraud, the strategy and policy of MKK Plc. on the prevention and management of fraud must be acted upon. Reports containing information, facts, or circumstances indicating potential money laundering, terrorist financing, or other criminal activity are processed under the Anti-Money Laundering Policy. Employees can report through several channels, including email, mail, phone and in-person, as well as the TOPDesk system available on the intranet. These channels were created and operated by the company itself. In order to ensure proper follow-up and resolution, the Compliance division maintains a record of all reports and the corrective actions taken. When handling reports, the Compliance division ensures the protection of the whistleblower and compliance with data protection requirements. The effectiveness of the system is ensured through regular evaluation of reports and by incorporating employee feedback. MKK Plc. ensures that all new employees receive training on these reporting mechanisms upon joining the company. Additionally, all employees undergo annual training to familiarize themselves with the processes available for raising concerns or addressing specific needs. Respect for human rights is an important aspect for both employees and business partners, which is a subject of great emphasis in the MFB Group's policies, the organisation of its operations, communication and complaint handling processes. In order to retain employees, it is essential to establish appropriate ethical rules and to keep incidents, complaints and serious human rights violations as low as possible and continuously monitored. An important element of the Group's human resources policy is the fight against discrimination. Based on the records of the MFB Group, there were no cases of discrimination and harassment in 2024. There have been no complaints submitted by employees through complaint- handling channels or to NCPs under OECD guidelines during the reporting period. Consequently, no fines, sanctions, or compensations were issued due to such incidents or complaints. There were also no severe labour- related human rights violations in 2024, including cases of non-compliance with relevant international guidelines. In addition, no incidents, complaints or serious human rights violations have yet been detected in relation to MFB Plc., and there have been no circumstances at the company that

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 123 would give rise to an ethical procedure or the establishment of an Ethics Committee since the institution of ethical proceedings existed. 1 January 2024 – 31 December 2024. MFB Plc. Hiventures Plc. MFB-Property Development Plc. MFB Invest Plc. MKK Plc. Total Total number of cases of discrimination, including harassment (number) 0 0 0 0 0 0 Number of complaints lodged (number) 0 0 0 0 0 0 Total amount of fines, sanctions and damages imposed as a result of the incidents and complaints described above (HUF thousand) 0 0 0 0 0 0 Number of serious human rights violations related to the company's workforce (number) 0 0 0 0 0 0 Total amount of fines, sanctions and damages imposed as a result of the incidents and complaints described above (HUF thousand) 0 0 0 0 0 0 8. Social impacts of sustainable finance and fundraising Material topic Indirect economic impact and taxation Used standards GRI 201-1 Introduction The chapter presents the role of the MFB Group in stimulating the economy through the publication of the economic value directly generated and distributed by the Group. Supported Sustainable Development Goals (UN SDGs) Connection of material topic to the MFB Group Basis of materiality Financial materiality Impacts - Financial risks - Financial opportunities The stable economic environment facilitates the operation of MFB Plc. and the lending of loans. Managing of material topic Connection to ESG strategy Sustainable Fundraising and Financing Focus Area Corporate Policies Related policies and rules of Hiventures Plc.: • Statutes • Annual Business Plan • Organizational and Operational Rules Related policies and rules of MFB Plc.: • Statutes • Annual Business Plan

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 124 • Organizational and Operational Rules • Medium-Term Business Strategy for the Period 2022- 2030 Related policies and rules of MFB- Property Development Plc.: • Statutes • Annual Business Plan • Medium-Term Business Strategy for the Period 2022- 2030 • Organisational and Operational Rules Related policies and rules of MFB Invest Plc.: • Statutes • Annual Business Plan • Organisational and Operational Rules Related policies and rules of MKK Plc.: • Statutes • Annual Business Plan • Organisational and Operational Rules Priority actions The economic stimulus activities of the MFB Group are presented in the 2nd section of the report. They are presented in detail in the chapter on the presentation of the MFB Group and in the Consolidated Financial Report of the MFB Group. Metrics Directly generated and distributed economic value by MFB Group Targets The basic objective is to carry out the activities specified in the Articles of Association of the companies in accordance with the annual Business Plans, and to compile a true and fair view of the assets, financial and income situation of the MFB Group and its changes in accordance with the actual circumstances in the annual consolidated financial statements. Material topic Economic, social and cultural rights of communities Used standards ESRS S3 GRI G4 FS7 Introduction The chapter describes the MFB Group's communication and cooperation with stakeholder communities and covers the presentation of its social financing and social responsibility activities. Supported Sustainable Development Goals (UN SDGs) Connection of material topic of the MFB Group Basis of materiality Impact materiality, Financial materiality Impacts • Through the Student Loan Centre belonging to the MFB Group, the MFB Group has been able to financially support the lives of many young people participating in higher education, vocational training and adult education. By promoting access to education, wider social strata can participate in higher education.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 125 • MFB has a positive impact on the development of social equality and equal treatment through the financing activities carried out by the Student Loan Centre. Financial risks - Financial opportunities • Loans for social purposes (MFB Microcredit Refinancing Program, MFB Crisis Loan, MFB Crisis Loan Plus, MFB Economic Reconstruction Loan) serve the SME sector as a significant part of MFB's own loan portfolio, the expansion of which may mean additional interest income for MFB Plc. Managing of material topic Connection to ESG strategy Developing the financial awareness of customers and employees Sustainable resource mobilization and financing in line with development banking objectives Corporate Policies Related policies and rules of Hiventures Plc.: • Instructions from the CEO on the Internal Information on Objection, Complaint Handling and Whistleblowing Related policies and rules of MFB Plc.: • Strategy and policy and procedures for preventing and tackling fraud • Fraud prevention rules for the use of EU funds • Code of Conduct and Ethics • Anti-corruption policy • Customer service rules • Complaints and Objections Policy • Internal instruction on the application of the Charter of Fundamental Rights to loan-type financial instruments in the 2021-2027 programming period • Privacy and Data Security Policy • Support and Sponsorship Policy • Refinancing Procedure Instructions • Széchenyi Microcredit Scheme Regulations of the Széchenyi Card Program’s Business Regulations of KAVOSZ Private Financial Services Intermediary • Product Management Policy for EU-funded credit products Related policies and rules of MFB- Property Development Plc.: • Policy for handling incidents that violate organizational integrity Related policies and rules of MFB Invest Plc.: • Complaint Handling Policy • Policy for handling incidents that violate organizational integrity Related policies and rules of MKK Plc.: • Complaint Handling Policy and Procedure • Corporate Social Responsibility (CSR) Plan Priority actions MFB Széchenyi Microcredit Refinancing Program 2.0 MFB Corporate Energy Efficiency Loan Program MFB PVRK Working Capital Loan Program Student Loan1, Student Loan2, Study Loan

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 126 GINOP-8.3.5-18, GINOP-8.3.5-18/A, GINOP-8.3.5-18/B and GINOP-8.3.5-18/B_4 - Technological modernization of micro, small and medium-sized enterprises GINOP-9.1.1-21 - Interest-free restart quick loan GINOP-8.1.1-16 - Support for R+D+I activities of enterprises GINOP-2.1.2-8.1.4-16 - Support for R+D+I activities of enterprises GINOP Plus-1.4.3-24, GINOP Plus-1.4.4-24 SME Technology Loan Program DIMOP Plusz-1.2.3/B-24 Support for the Digitalization of Small and Medium-sized Enterprises Loan Program DIMOP Plus-1.2.3/A-24 Support for the digitalization of micro, small and medium-sized enterprises Operation of reporting lines and customer services Összetartók.hu site operation MFB Podcast Series Cooperation of MFB Plc. with Hungarian Interchurch Aid MFB Plc.'s cooperation with the Szent Márton Children's Ambulance Service Cooperation of MKK Plc. with Hungarian Interchurch Aid Hiventures Plc.'s "TégyJótTavasz!" series of events Metrics The total annual disbursements (million HUF), the effective capital and gross exposure (million HUF) of MFB Plc., and the share of SMEs in these funds (%) Total annual disbursements (million HUF), effective capital and gross exposure (million HUF) under MFB Plc.'s Sustainable Finance Framework Financing provided by MFB Plc. to the Student Loan Centre MFB Plc.'s disbursement from EU funds promoting social goals and the value of its portfolio (million HUF) related to social ESG objectives Targets MFB Plc. shall achieve its objectives related to its own funded loan programs and its European Union-funded loan programs in accordance with the objectives set out in its Medium-Term Business Strategy, in accordance with the objectives set out in the Annual Business Plan. 8.1 The role of the MFB Group in economic stimulation The basic task of the MFB Group is to support domestic economic development, to address market deficiencies, and to provide financing that is favourable to market participants and enables investments and developments. The core activities of the Group's companies are set out in the Statutes of each company, and they carry out their activities on the basis of their annual business plans. MFB Plc.'s Medium-Term Business Strategy for the 2022-2030 period sets out the medium-term strategic directions, and the implementation of the related annual business plans is coordinated by the Chief Executive Officer through the responsible banking organisational units. The business plans of the subsidiaries are decided by their Founder, MFB Plc., and their implementation is guaranteed by the CEOs of each subsidiary. The achieved results are reported in the annual consolidated and individual financial statements. Pursuant to the MFB Act, one of the key tasks of MFB Plc. is to support the State's economic policy, especially in the event of an economic downturn or a decrease in commercial bank financing, the role of a financier, in which loan programs sold through refinancing and financial intermediary channels play a key role. In order to achieve the objectives set out in this Act, the Bank announces programs the primary objective of which is to help maintain the competitiveness of micro, small and medium-sized

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 127 enterprises (in the case of certain programs, large enterprises) and the continuity of their development by providing funds at a preferential interest rate. In accordance with the provisions of the Organizational and Operational Rules (hereinafter: SZMSZ), the Business Division is responsible for the preparation and implementation of decisions related to MFB Plc.'s refinancing, intermediary and outsourcing activities through the direct sales channel, in accordance with MFB Plc.'s short- and long-term business policy and strategy, including the sales strategy. It performs tasks related to the organization, support and operation of sales channels, the design of products and the marketing support of sales, and manages loans granted directly and through intermediaries. It ensures the compliance of regulatory documents and work processes related to the management of EU funds with EU and domestic regulations, and carries out professional coordination arising in connection with venture capital investments within the Bank. The processes related to MFB Plc.'s business activities are set out in the following main corporate policies. On tasks related to the management of European Union funds, see Instruction No. 4/2025: Audit rules related to the management of European Union funds for the 2021-2027 programming period, Instruction No. 20/2025: Risk-taking strategy and policy related to the management of European Union funds, Instruction No. 21/2025: Procedure for the Qualification and Valuation of Transactions in Relation to EU Treasury Management Activities (for the 2021-2027 programming period and for the programs related to the implementation of the Hungary Recovery and Resilience Plan), Instruction No. 67/2024: Program Monitoring Regulation for the Financial Instruments of Hungary's Recovery and Resilience Plan, No. 88/2024 Instruction: The Fraud Prevention Policy related to the use of European Union funds, and the tasks related to the own funded loan programs are regulated by the Product Management Policy of the Bank's ownfunded products. In the case of subsidiaries, the main areas of activity are set out in the Articles of Association, Organizational and Operational Rules of each company. In 2024, the activities of the MFB Group as a development banking group continued to complement the operation of the domestic financial system in such a way that it participated in financing transactions that could not be effectively financed by commercial banks, but were desirable from a national economic perspective. The stable economic environment facilitates the operation of the MFB Group. After four quarters of decline and stagnation, the performance of the Hungarian economy turned to growth in the first quarter of 2024. In 2024 as a whole, the volume of GDP grew by 0,5%, which was below the EU average (+0,8% on an annual basis), and it is in the middle of the ranking of member states. The expansion of the economy in 2024 was essentially the result of an increase in the volume of the service sector, within which almost all service areas contributed positively to GDP growth. By contrast, economic performance was severely dampened by industry, especially in the third quarter of 2024. In the first three quarters of 2024, the volume of investments in the national economy decreased by 15,4% compared to the same period of the previous year. In the case of machinery and equipment, the decline was 20,2%, while the volume of construction investments, which are more dependent on EU funds, fell by 9,2%. Investments in manufacturing, which have the largest weight, decreased by 23,4% in the first three quarters of 2024 (year-on-year). In the majority of the service sector there was also a year-on-year decline, only in the public administration (+12,7%), accommodation and food service activities (+19,0%) and financial and insurance activities (+34,7%) the volume of investments increased, but the low base was also the main reason for the growth in the former two sectors. By the spring of 2024, the inflation shock was over, and in January 2024, the 12-month consumer price index entered the MNB's inflation target band (3±1%) after 34 months. The turning point was April 2024, when the disinflationary process ended. The slowdown in the inflation rate was strongly supported by the fact that prices in certain segments of the real economy rose at a decidedly lower pace or decreased significantly. Between January and November 2024, the inflation rate fluctuated in a range of 3,0-4,1% compared to the high base of a year earlier, but accelerated to 4,6% by December. In the price development in December, the impact of the significant weakening of the forint against the euro and the dollar in autumn

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 128 2024 was already visible. Looking at 2024 as a whole, consumer prices were 3,7% higher on average than a year earlier. The MNB's Monetary Council suspended its monetary easing cycle launched in October 2023 in September 2024 as a result of increasing pressure on the forint exchange rate, with the base rate falling from 10,75% at the beginning of the year to 6,50% in September. MFB Plc.'s performance in 2024 was determined by the tasks of restarting the economy, the deterioration of economic activity in Europe, the weakening of the forint against the euro as a result of the general strengthening of the dollar, and the halt in the domestic monetary easing cycle. In Hungary, falling inflation and the MNB's interest rate cuts also pushed down the level of loan interest rates in 2024, which led to a strengthening of loan demand as corporate investment intentions picked up. This is also supported by MFB's corporate questionnaire surveys (MFB-INDICATOR): by autumn 2024, the proportion of companies that would like to involve some kind of external source in the next 12 months increased from 21% in the previous year to 24%. In 2024, businesses continued to be helped by a number of credit and equity programs, individual loans and bonds, as well as guarantees supplementing lending activities to meet investment and working capital needs, managing liquidity problems and, ultimately, help restart the economy and create stability. The GRI 201 Economic Performance 2016 topic-specific standard contains disclosures that allow organizations to report on the impacts relating to their economic performance and how they manage those impacts. Within this, the Banking Group uses the GRI 201-1 directly generated and distributed economic value indicator in relation to the material topic of indirect economic impact and taxation to present the Group's role in economic stimulation. According to the GRI 201-1 indicator, the reporting organization must disclose Direct economic value generated and distributed (EVG&D) on an accrual- based basis, including the key components of the organization's global operations listed below. If the data are presented on a cash flow basis, the justification for the decision must also be presented in addition to the following: i. Directly generated economic value: revenues; ii. Distributed economic value: operating expenses, employee wages and benefits, payments to capital investors, payments to government by country, and community investment; iii. Retained economic value: the directly generated economic value, minus the distributed economic value. Where significant, the directly generated and distributed economic value shall be reported separately at national, regional or market level, showing the criteria used to determine significance. When compiling the information specified in GRI 201-1, the reporting organization shall, where possible, compile the information from the data included in its audited financial statement or profit and loss statement or from the organization's internal audited management report. The economic value directly generated and distributed by the MFB Group is not presented in a national, regional or market breakdown. The Group has prepared the data based on its audited consolidated income statement prepared in accordance with International Financial Reporting Standards ("IFRS"). From the point of view of the retained economic value indicator, the Group was able to clearly determine the economic value generated. Economic value generated includes all profits that are relevant to the Group's core business, such as net interest income, net premiums, dividend income, income from investment properties, income related to EU activities, results from loan agreement amendments, profit generated by associated companies. The distributed economic value includes the Banking Group's costs and tax burdens, as well as the amounts spent on charity. The economic value generated and distributed by the Banking Group in the case of MFB Plc. and its subsidiaries was as follows. A detailed presentation of the Group's economic performance in 2024 is included in the Consolidated Annual Report.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 129 Economic value directly generated and distributed by the MFB Group 1 January 2024 – 31 December 2024. Category Type Value (thousands of millions HUF) Economic value generated Revenue 259 904 Distributed economic value Operating costs 12 473 Employee wage costs, benefits 20 050 Payments to equity investors (interest, dividends, etc.) 0 Payments to the government (taxes, penalties) 10 846 Community investments (charity, CSR, etc.) 424 Economic value retained - 15 226 8.2 Own funded financing supporting social objectives Own funded financing in support of social goals is of paramount importance in the modern economic environment, especially in the field of promoting the development of micro, small and medium-sized enterprises. The loan programs offered by MFB Plc. not only provide financial resources, but also contribute to employment generation, the reduction of unemployment and the maintenance of economic growth. The purpose of this chapter is to provide a detailed description of how these programs support the achievement of social goals and how the social benefits can be measured within the framework of the GRI G4 Financial Services Sector Disclosures. The following subchapters focus on a detailed analysis of self-financing loan programs, student loan opportunities, and the activities of subsidiaries in support of social goals, highlighting the role of financial institutions in building social capital and protecting the economic, social, and cultural rights of communities. 8.2.1 Own Funded Loan Programs Among the financing solutions offered by MFB Plc. from its own funds, loan programs are the most important. MFB Plc.'s loan programs also support social developments, primarily through the financing of micro, small and medium-sized enterprises. These programs help create new jobs, preserve existing jobs and reduce unemployment. Micro, small and medium-sized enterprises play a vital role in the Hungarian economy, as 99,94 percent of businesses fell into this category in 2024. 13 The development of these types of enterprises, the increase of their resilience and competitiveness also has a positive impact on a social level, in line with the goals set by MFB Plc. as a development bank. The GRI G4 Financial Services Sector Disclosures includes disclosures that allow financial institutions to report on key aspects of their sustainability performance that are relevant to the financial services sector. Within this, the Banking Group uses the indicator G4 FS7 entitled Monetary value of goods and services designed to provide a given social benefit by business unit in connection with the important 13 According to a survey by the Central Statistical Office, in 2024, 1 057 out of 1 810 272 companies employed 250 or more people. Source of data: Number of registered enterprises by headcount category (KSH)

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 130 topic of the economic, social and cultural rights of communities to present the role of MFB Plc. in economic stimulation. This indicator provides insight into the extent to which a financial institution has sought to build social capital to meet a wide range of needs. The building of social capital has several dimensions, it can be related to meeting the needs of all members of society on a general level, such as education, affordable housing, etc., on a more specific level, it can focus on the role of financial institutions in supporting the development opportunities of disadvantaged groups and increasing their economic capacity. While all goods and services can be said to provide some form of social benefit, this metric focuses on those that are specifically designed to achieve a specific social outcome. This will give you an insight into the institution's priorities and how its contribution to society differs from other institutions. The indicator excludes asset management and emphasizes goods and services that offer social benefits, such as discounted lending or reduced fees, while excluding those required by the legislation. To prepare the report, organizations should compile a list of goods and services by business line (e.g., retail banking, commercial and corporate banking, insurance), detailing the purpose, product description, target social group, monetary value, and the ratio of this value to total monetary value for each business line. Such goods and services may include microfinance, microinsurance, products for students and products that support affordable housing. In the case of the GRI G4 FS7 Monetary value of goods and services designed to deliver benefit for each business line broken down by purpose, MFB presents the activities of MFB Plc. broken down by its own funded loan programs and the social impact of European Union financial instruments. In connection with its own funding programs, the loan programs provided to SMEs that meet the conditions of the Bank's Sustainable Finance Framework and student loans will also be separately detailed. The Sustainable Finance Framework is a set of conditions based on internationally accepted standards, which manages in a uniform system the sustainability-related (including green and social purposes) green and socially focused placement targets of MFB Plc. related to the raising of funds (primarily loan and bond placements, but equity investment products may also be considered), including the so-called green and social purpose eligibility categories and exclusions. MFB Plc. has defined the concept of social benefit as follows: the direct, indirect and cascading positive social impact achieved by micro, small and medium-sized enterprises in the implementation of developments promoting social inclusion, such as affordable housing and access to health care and education, job creation and job retention, which enables the reduction of social and territorial inequalities and improves general well-being. Transactions financed within the social eligibility category of the Sustainable Finance Framework contribute to job creation and the prevention and/or alleviation of unemployment resulting from socio-economic crises (reducing social and economic inequalities, promoting economic growth), access to education (developing equality and social mobility in disadvantaged regions), and access to healthcare (facilitating access to quality, timely, and affordable healthcare services and equipment for all age groups). Developments that provide social benefits can be realized by businesses that have more difficulty accessing financing due to the nature and size of their operations, through discounted interest rate structures or in relation to mitigating the negative effects of natural disasters or economic crises. Under SMEs, the Bank understands: economic entities that qualify as domestic currency entities, having their registered office in the territory of Hungary or having their registered office in the European Economic Area and a branch office the territory of Hungary, which are classified as micro, small, or medium-sized enterprises according to Annex I of Commission Regulation (EU) No. 651/2014 as independent enterprises. For the SME shares in the following tables, where the Bank has provided a source of refinancing to a financial intermediary, the SME classification of the final beneficiary has been considered.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 131 Total annual disbursements (million HUF), effective capital and gross exposure (million HUF) and share of funds of SMEs within the framework of MFB Plc’s own funded loan programs (%) 2024 annual disbursement (million HUF) All 42 828,99 of which SME 42 250,86 SME ratio 98,65% Stock (million HUF) - by effective capital All 310 482,02 of which SME 287 524,60 Stock (million HUF) - gross book value All 306 517,22 of which SME 283 122,18 SME ratio 92,37% In the data reporting related to MFB Plc.'s own funded loan programs, the published tables include business entities that meet the definition of SMEs used by the European Union - by end user. The own funded loan programs presented in the table correspond to the social purpose eligibility category of MFB Plc.'s Sustainable Finance Framework under the heading "Job creation and programs aimed at preventing and/or mitigating unemployment resulting from socio-economic crises, including cases realised through the potential impact of SME financing and microfinance". The total annual lending provided to micro, small and medium-sized enterprises within the framework of MFB Plc.'s own funded loan programs was HUF 42,25 billion in 2024. In 2024, 98,65% of the funds provided in the loan programs were allocated to micro, small and medium-sized enterprises, as a result of which 92,37% of MFB Plc.'s loan portfolio from its own funds was directed to financing these companies. Of this, disbursements to SMEs that meet the conditions of the Sustainable Finance Framework in 2024 HUF 38 961,29 billion, which was the total amount of disbursements to SMEs in 2024 92,21% The Year-end stock of loan programs for SMEs that meet the conditions of the Sustainable Finance Framework HUF 150 355,60 billion, which 53,10% to the loan portfolio of MFB Plc. provided from its own funds. The social eligibility sub-category "Job creation and programs to prevent and/or alleviate unemployment resulting from socio-economic crises, including cases through the potential impact of SME financing and microfinance" in the Framework corresponds to SME financing through the Bank's own resources loan programs. At present, a total of 8 loan programs can be considered as loan programs aimed at customers affected by "gap" financing, with discounted interest rates or mitigating the negative effects of economic crises, which, among other things, contribute to the achievement of the development goals of SMEs operating in disadvantaged regions of the country. In 2024, the following own funded loan programs of MFB Plc. were available for application: Total annual lending (million HUF), effective capital and gross exposure (million HUF) provided by MFB Plc. to SMEs meeting the conditions of the Sustainable Finance Framework 2024 annual disbursement (million HUF) 38 961,29 Portfolio (million HUF) - effective capital 147 562,87 Stock (million HUF) - gross book value 150 355,60

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 132 • MFB Széchenyi Microcredit Refinancing Program 2.0: The purpose of the Loan Program is to finance micro-enterprises participating in the Program by using the refinancing loan provided by MFB Plc. to finance micro-enterprises that wish to use a loan within the framework of the Széchenyi Microcredit MAX+, which is part of the Széchenyi Card Program coordinated by KAVOSZ Plc. • MFB Corporate Energy Efficiency Loan Program: Within the framework of the Loan Program, it is possible to finance green investments that result in: o improving the energy efficiency of the corporate buildings related to the borrower's activities, or o increasing the use of renewable energy within the energy consumption required for the operation of the business, and o other additional activities necessary for the preparation, execution and completion of these activities. In addition to promoting environmental sustainability and mitigating climate change, the Loan Programme also helps businesses to develop, maintain their competitiveness and expand and retain jobs. • MFB PVRK Working Capital Loan Program: The purpose of the Loan Program is to enable the Financial Enterprises participating in the Program to finance micro, small and medium-sized enterprises whose financing needs cannot be satisfied by the credit institutions for any reason (e.g. higher risk profile, lower loan amount), and as a result they may not be able to access the financing of the Loan Facility at all or on significantly less favourable terms working capital loans to maintain their competitiveness and ensure their continuous development. As of December 31, 2024, the outstanding the stock of own funded loan programs show that the MFB Microcredit Refinancing Program (not available since the end of June 2022, but disbursement in the scheme) and the MFB Microcredit Refinancing Program 2.0 together account for 40,50% of the portfolio. In 2024, the amount of loan applications contracted under the MFB Microcredit Refinancing Program 2.0 was nearly HUF 39,0 billion, while the volume of loans disbursed in connection with the two Loan Programs during the year was close to HUF 40,0 billion (Disbursements were made at a rate of 10% under the MFB Microcredit Refinancing Program and 90% under the MFB Microcredit Refinancing Program 2.0). The establishment and implementation of the Bank's own funded loan programs is regulated by several corporate directives. The development of the own funded loan programs is carried out based on the process directive entitled Product Management Policy for the Bank's own funded products, among other things. The purpose of the directive entitled "Procedural Rules of Refinancing" is to define the implementation of the refinancing programs announced by the Bank and the tasks and responsibilities of the Bank's organisational units in relation to the above activities. The refinancing loan granted under the MFB Széchenyi Microcredit Refinancing Program and the MFB Széchenyi Microcredit Refinancing Program 2.0 can only be used to finance credit transactions in accordance with the terms and conditions set out in the document "The Széchenyi Microcredit Structure Rules of the Business Rules of the Széchenyi Card Program of KAVOSZ Private Financial Services Intermediary Company" in force at any given time. The Directorate of Refinancing, Standard Lending and Business Development is primarily responsible for the implementation of the rules. Details of each refinancing program can be found in the respective product documentation. The Bank will pursue its objectives related to its own funded loan programs in accordance with the objectives set out in its Medium-Term Business Strategy and in line with the objectives set out in the Annual Business Plan.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 133 8.2.2 Supporting student loans The Student Loan Centre provides discounted financing opportunities for students in higher education, vocational training and adult education, ensuring that financial challenges do not hinder them from continuing their studies. Through its wide availability, the program not only supports the individual development of students, but also contributes to equal opportunities and social mobility, thus strengthening the national economy and equal access to education. The products of the Student Loan Centre, the Student Loan1 and Student Loan2, as well as the Study Loan, are countercyclical in nature, which are able to serve the needs regardless of market conditions. Student loan products are unique products on the Hungarian market that have no known competitors. The design of products is not influenced by competitors, only by macroeconomic events and trends and policies in higher education, vocational education and adult education. Student loans are granted according to non-profit principles, so classic profitability cannot be interpreted in this case. In the case of student loans, the law regulates the conditions under which loans can be granted, and there is no place for feedback from the concerned. In the case of the Student Loan Centre, there is currently no mechanism with which we could carry out measurements and determine effectiveness, or prove that any of our activities increase or decrease the willingness to take out a loan. However, effectiveness can be measured in the implementation of access to education on the most favourable terms, so the lending of Hungarian student, vocational and adult education serves Hungarian society with a solution that is considered outstanding and exemplary even in European comparison. The importance of student loan products is also extremely active from an educational point of view, as one of its key communication tasks is to increase product knowledge, i.e. to enable families to make a well-considered decision about the financing of their children and even their own further education based on objective facts and data. Student loans are regulated by Government Decree 1/2012. (I. 20.), the instructions of the Student Loan Centre and the Bank, as well as the related product descriptions and business rules. Pursuant to the 12 December 2023 amendment of the Government Decree No. 1/2012. (I. 20.), the Student Loan Centre has entrusted MFB Plc. with the performance of a task related to the operation of the student and training loan system that it would otherwise perform itself, including concluding the student and training loan in the name, for the benefit and at risk of the student and training loan (Section 25 (8)). In the course of the operation of the student and training loan system, the Student Loan Centre and MFB Plc. perform a public task, and the purpose of the contract or contracts concluded between them is the fulfilment of public tasks (Section 25 (9)). According to the Service Level Agreement (SLA) concluded between the Student Loan Centre and MFB Plc., from 12 June 2024, MFB Plc. will perform the above-mentioned tasks. In addition to several relevant banking units, such as legal, regulatory and product development, the Refinancing and Student Loan Institutional Relations Department of the Refinancing, Standard Lending and Business Development Directorate is responsible for related business-related tasks. In 2024, MFB Plc. provided funds in the amount of HUF 13,0 billion to the Student Loan Centre, which represented 42,4% of the total student loan volume disbursed by the Student Loan Centre in 2024. As a result of the financing provided by MFB Plc., more than 15 thousand students (including more than 4 thousand new borrowers) were able to receive student loans in 2024. The total funds provided by MFB Plc. to the Student Loan Centre amount to 17,6% of the total amount of funds outstanding at the Student Loan Centre on 31.12.2024. This volume contributed to the successful financing of more than 32 thousand students in terms of the number of clients of the Student Loan Centre on 31.12.2024. MFB presents its student loan activity, the extent and impact of its financing to the Student Loan Centre in full detail according to the GRI G4 FS7 indicator in the table below.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 134 Student loans - Financing provided by MFB Plc. to the Student Loan Centre Student loan disbursement and clients 2024 data MFB Plc.'s annual disbursement amount at capital value - Loan disbursed by MFB Plc. to the Student Loan Centre in 2024 (million HUF) 12 998,10 Total loan disbursements of the Student Loan Centre in 2024 (million HUF) 30 656,38 In 2024, the number of clients affected by disbursements in a given year at the Student Loan Centre (number) 36 892 Number of new clients affected by disbursements at the Student Loan Centre in 2024 (number) 10 185 MFB's year-end loan portfolio – effective capital – the total loan portfolio granted by MFB Plc. to the Student Loan Centre as of 31.12.2024 (million HUF) 41 930,96 MFB Plc.'s year-end loan portfolio - gross exposure -the total loan portfolio granted by MFB to the Student Loan Centre as of 31.12.2024 (million HUF) 42 313,43 Student Loan Centre's year-end loan portfolio - Total value of financing provided by the Student Loan Centre as of 31.12.2024 (million HUF) 238 713,6 Number of clients related to the total loan portfolio of the Student Loan Centre existing on 31.12.2024 (number) 184 436 Average amount of student loans disbursed per customer in 2024, Student Loan Center Disbursement/ Student Loan Center customer (million HUF / person) 0,83 Proportion of new clients of the Student Loan Centre affected by disbursements in 2024 (%) 27,61% In 2024, the share of funds provided by MFB Plc. compared to the total volume of student loan disbursements provided by the Student Loan Centre in 2024 42,40% Share of the outstanding funds provided by MFB Plc. to the Student Loan Centre on 31.12.2024 compared to the student loan financing outstanding on 31.12.2024 provided by the Student Loan Centre 17,57% Number of clients receiving financing from the Student Loan Centre in 2024, as a result of MFB Plc. financing 15 680 14 Number of new clients receiving financing from the Student Loan Centre in 2024, as a result of MFB Plc. financing 4 318 15 Number of clients receiving financing from the Student Loan Centre, due to the financing by MFB Plc. based on the year-end stock of 2024 32 396 16 8.2.3 Presentation of the activities of subsidiaries supporting social objectives In the case of Hiventures Plc. and MFB Invest Plc., there are currently no declared financing activities supporting social or environmental goals, thematic funds or commitments to their investment policies. However, the number of startups that fit into the ESG sector is growing along the value chain of Hiventures Plc. (~ 30), to which it has invested approximately 5 billion HUF over the years. For example, a capital investment in a company that develops software and hardware that translates sign language into subtitles and audio format supports a social purpose, or in another company that has developed an electronic headband for wheelchair users that can track head movements, making it possible to control the wheelchair.MFB Invest Plc. is a co-financier of several private equity and real 14 Student Loan Centre based on the average amount of student loans disbursed per capita. 15 Student Loan Centre based on the average amount of student loans disbursed per capita. 16 Student Loan Centre based on the average amount of student loans disbursed per capita.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 135 estate funds that comply with the European Union's SFDR Regulation, which places investments promoting environmental and social characteristics on new funds, and is a co-investor with Impact Ventures III. Capital Fund focuses its investments on technology-based sectors, such as HealthTech and MedTech, EdTech, and AgriTech. MFB- Property Development Plc. and MKK Plc. do not carry out financing activities, therefore they do not have financing that supports social purposes. 8.3 EU financial instruments supporting social objectives 8.3.1 Presentation of the results of the European Union's 2014-2020 and 2021-2027 programming periods supporting social goals In the 2014-2020 European Union programming period, MFB Plc. played the role of the Fund of Funds, and the closing of the programming period took place in 2024. Thus, in 2024, there were no more funds allocated for the financial instruments available under the 2014-2020 programming period. For the 2021-27 EU programming period, the Government has designated MFB Plc. as the entity implementing the holding fund, thus the Bank is responsible for the implementation of EU support in the form of financial instruments. The Bank also intermediates loan-targeted financial instruments sourced from European Union funds that support social objectives. A common feature of the programs promoting social goals is that they focus on micro, small and medium-sized enterprises. In the table below, MFB Plc. presents its European Union funded social financing activities in 2024 using the GRI G4 FS7 indicator. In this context, the Bank's definition of social benefit is as follows: The total direct, indirect and cascading positive social impacts of developments related to EU disbursements or realized with the help of EU (co-)financing on the entire or part of the society living in economically disadvantaged regions or areas. In addition, the aim of the European Union's cohesion policy is to strengthen economic, social and territorial cohesion, and through this, its further social benefits are also enforced. Aggregate value of disbursements from EU funds promoting social goals and their stock (million HUF) Linked to a social ESG goal 2021-2027 programming period 2014-2020 programming period Disbursed resources (31. December 2024) (million HUF) 1 937,02 723 350,11 Number of projects (number) 54 23 549 In 2024, the Bank's EU-funded loan programs supporting social objectives, GINOP-8.3.5-18, GINOP- 8.3.5-18/A, GINOP-8.3.5-18/B and GINOP-8.3.5-18/B_4 - Technological modernisation of micro, small and medium-sized enterprises, GINOP-9.1.1-21 - Interest-free restart quick loan, GINOP-8.1.1- 16 - Support for R+D+I activities of enterprises, GINOP-2.1.2-8.1.4-16 - Support for R+D+I activities of companies with the help of combined loan products with additional funds totaling 723 350,11 million forints placement. A total of 23 549 projects received support under the loan programs. Additionally, in 2024, within the framework of the European Union's cohesion policy, preparatory activities were also conducted for the financial instruments to be announced in the future under the GINOP Plus, DIMOP Plus, and TOP Plus operational programs, all of which support social objectives. From the EU-funded loan programs of the 2021-27 programming period, supporters of the following social goals have also been announced.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 136 The GINOP Plus-1.4.3-24, GINOP Plus-1.4.4-24 SME Technology Plus Loan Program, implemented through the corporate MFB Point Plus network, aims to increase the productivity and added value of domestic SMEs through the support of technological and organizational renewal, to create and support the expansion of modern product and service development capabilities of SMEs, enabling energy efficiency investments in the use of renewable energy technologies and to help align with the directions set out in the Intelligent Specialisation Strategy (S3). Furthermore, the DIMOP Plus-1.2.3/A-24 Support for the Digitalization of Micro, Small and Medium-sized Enterprises, also implemented through the corporate MFB Point Plus network, is a single-operation combined loan product, the aim of which is to improve the competitiveness of SMEs with very low and low digital intensity by supporting digital transformation, including the introduction and operation of basic and advanced digital solutions available on the market, as well as the DIMOP Plus-1.2.3/B-24 Small and Medium-sized Enterprises (SMEs) Technology Loan Program aims to improve the competitiveness of SMEs with at least low digital intensity by supporting digital transformation, including the introduction and operation of basic and advanced digital solutions available on the market. The purpose of MFB Plc.'s directive entitled Product Management Policy for EU-funded loan products is to comprehensively regulate the Bank's product development tasks related to EU-funded products. While the product specification (in the 2014-2020 programming period for stand-alone loan programs) and the call for proposals (for the combined loan programs in the 2014-2020 programming period and for all loan programs in the 2021-2027 programming period) are documents prepared for applicants, containing the necessary information for submitting grant applications. The EU Business Directorate is primarily responsible for their implementation. The Bank pursues its objectives related to its loan programs financed by the European Union in accordance with the objectives set out in its Medium-Term Business Strategy and along the targets set out in the annual Business Plan.. 8.4 Informing affected communities The affected communities are those that are significantly impacted by the MFB Group's own operations and financing activities. Such key stakeholder groups are, for example, those participating in higher education through the Student Loan Program, or the beneficiaries of the financing activities provided by the Banking Group are incubators, seed funding, start-ups and micro, small and medium-sized enterprises (SMEs). The stakeholder community also includes the population in relation to EU fund management concerning investments aimed at increasing energy efficiency. Detailed information on these programs supporting social objectives is provided in Chapters 8.2 Own funded financing supporting social objectives and 8.3 EU financial instruments supporting social objectives, while detailed information on programs supporting environmental objectives is provided in Chapters 5.4 Own funded supporting environmental goals and 5.5 European Union financial instruments supporting environmental goals. The upstream and downstream value chains of the Banking Group are presented in Chapter 2.5 Value Chain of the report. Through its CSR activities, the Group also contributes to the operation of various disadvantaged groups and the non-profit organizations that support them, which is the result of the 9. Social responsibility. The MFB Group primarily acts in accordance with legal requirements when communicating with affected communities. Transparent and factual communication helps to build trust and transparency. The primary channels for this are the current financial product specifications and contracts setting out the general terms and principles of financing activities. Detailed information about the sales channels and customer relations operated by the Group can be found in Chapter 2.5 Value Chain. In addition, the group companies operate their own customer contact channels and reporting channels to provide two- way communication, which are detailed in Chapter 8.4.1 Channels Provided to Affected Communities. Taking into account the feedback of the affected communities provides an opportunity for the subsidiaries of the Banking Group to better adapt their services to their needs, thereby improving the customer experience and strengthening customer relationships. MFB's Centre for Analysis conducts

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 137 regular analyses, surveys and questionnaire interviews among the Bank's customers. The analyses, researches, forecasts and recommendations prepared on the basis of the questionnaires deal with issues affecting the strategy, activities and products of MFB Plc. and the members of MFB Group, as well as international and domestic financial and economic trends influencing economic and development policy, while also revealing the investment willingness and financing needs of the individual client segments. Based on these documents, the MFB Group is able to measure the impact of the goods and services it provides and the activities it performs, as well as the need for their development among its clients. Additionally, since September 2024, MFB Plc. has been assessing environmental, social and governance (ESG) characteristics in terms of assuming, measuring, managing and controlling credit risk through ESG questionnaires sent to its financed clients, based on which the sustainability goals of clients and the sustainability dynamics of their activities can be identified and outlined. The Group's current business and lending processes, there is no mechanism to consider the perspectives of particularly vulnerable and/or marginalised affected communities, as it does not apply such distinction in its business activities. However, it is important to emphasize that the Group focuses on the realization of equal opportunities in all areas and strives to reach and address a wider range of society (e.g. student loan system: ensuring access to education for everyone so that the financial and social situation does not become a hindering factor). MFB Plc. places special emphasis on the provision of information related to financial products, services and market changes. One of the focus areas of their ESG strategy is the development of the financial awareness of customers and employees, and the strengthening of the MFB Knowledge Centre. Information on MFB Plc.'s activities in this field in 2024 is provided in Chapter 8.4.2 Developing clients competencies. The Banking Group does not have group-level policies related to affected communities, but several relevant rules are available at the subsidiary level. Policies for affected communities have not been explicitly aligned with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises, but many elements are in line with them. The Group's products and services do not pose a direct risk or have a harmful effects on the affected communities , as the Group strives to filter out potential negative risks and impacts already during the preliminary analysis of each financing transaction. 8.4.1 Channels provided to affected communities As a responsible financial group, the MFB Group attaches central importance to ensuring safe and transparent reporting lines and complaint channels. These channels do not operate at group level, but separately from each company, allowing stakeholders to confidently report any problems, concerns or abuses, thus ensuring transparent communication and effective problem resolution. The whistleblowing lines have been established and are operated by each company in accordance with the relevant legal requirements. The procedures for their operation are recorded in internal corporate rules, which are detailed below. They do not have a specific policy against retaliation. The companies of the Group do not measure how well the members of the affected community are aware of or trust the channels or processes available for raising and addressing their concerns or needs. MFB Plc. has a number of channels available to facilitate cooperation with the affected communities. These channels are summarised in the table below according to their location, as well as the laws and internal company rules determining their operation, the scope of those entitled to report and the subject of the report.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 138 Reporting channels for affected communities at MFB Plc. Scope of eligible entities to report Location of the reporting line Legal background Corporate Policy Name of reporting channel: Suspicion of fraud Anyone who detects irregularities either in connection with European Union tenders or in the case of lending from own funds and wishes to make a notification. On the website of MFB Plc., the https://www.mfb.hu/bejelen tes page and the csalasmegelozes@mfb.hu e-mail address - Strategy and policy and procedures for preventing and dealing with fraud, Fraud prevention rules for the use of EU funds Name of reporting channel: Internal whistleblowing (suspected or corrupt conduct) d) Self-employed, sole proprietorship, if it has a contractual relationship with the Bank, On the website of MFB Plc., the https://www.mfb.hu/bejelen tes page Section 18 of the Whistleblowing Act Code of Conduct and Ethics and Anti- Corruption Policy f) A person under the supervision and direction of an entrepreneur, subcontractor, supplier or agent who has commenced the procedure for establishing a contractual relationship with the Bank and who has a contractual relationship or has had a contractual relationship i) Self-employed, sole proprietorship, if its contractual relationship with the Bank has been terminated Name of reporting channel: Customer service Anyone The Bank operates a customer service with general authority by phone, in person and by e-mail, which provides information about its operation both at the headquarters and on the website of MFB Plc. Section 271 (1) Informing clients Customer service rules

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 139 Reporting channels for affected communities at MFB Plc. Scope of eligible entities to report Location of the reporting line Legal background Corporate Policy Name of the reporting channel: Opportunity to file a complaint MFB Plc.'s customers (according to MFB Plc.'s Business Rules for Entrepreneurs and Consumers) MFB Plc. Customer service (personal appearance, external information) MFB Plc. Website - "Téjékoztató a panaszkezelésről" (https://www.mfb.hu/panas zkezelesi-szabalyzat-s364) Hpt.288 (1) Complaints and Objections Policy Name of the reporting channel: Opportunity to raise an objection An applicant or a contracted final beneficiary applying for a loan under the European Union-funded Loan Programs The representative of the person/company submitting the loan application is informed of the legal remedy, the method and the deadline for submitting it from the rejection letter Government Decree No. 272/2014 (XI.05) Government Decree256/2021 (V.18.) Government Decree No. 373/2022 (IX.30) Complaints and Objections Policy Name of the reporting channel: Fundamental rights complaint Any person, including the loan applicant, the final beneficiary and the intermediary, may make a report if they become aware of a breach of the Charter of Fundamental Rights during the loan application or during the existence of the loan agreement from the Financing Contracts with the Managing Authorities for the 2021-2027 programming period; general whistleblowing channel is in operation, complaints can be sent to the alapjogibejelentes@mfb.hu e-mail address In the event of a violation of fundamental rights enshrined in the Charter of Fundamental Rights of the European Union, Internal instruction on the application of the Charter of Fundamental Rights to loan-type financial instruments in the 2021-2027 programming period Name of the reporting channel: Enforcement of data subject rights In accordance with the provisions of the GDPR, the data subject may enforce his or her specific rights against the data controller (in this case, the data controller is MFB Plc.) Information is available on the website of MFB Plc. for those affected: https://www.mfb.hu/adatve delem-s739 GDPR Chapter III Privacy and Data Security Policy Name of reporting channel: Privacy complaint and incident reporting In accordance with the provisions of the GDPR, the data subject may enforce his or her specific rights against the data controller (in this case, the data controller is MFB Plc.) Information is available on the website of MFB Plc. for those affected: https://www.mfb.hu/adatve delem-s739 GDPR Chapter III Privacy and Data Security Policy The reporting system provided to the affected communities is based on the Customer Service, which offers information and assistance regarding inquiries received by the customer service, mainly related to the Bank's operation and financing programs. After receiving the complaint or question, MFB Plc. performs the tasks related to the reception of complaints communicated verbally or by telephone in accordance with the Complaints and Objections Management Policy. Customer service is available through several different channels, allowing everyone to find the most suitable way to share their feedback or inquire about a service. On the Bank's website, there is an option on the homepage to make

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 140 inquiries in writing or request a callback through a dedicated interface, and the customer service's phone and email contact information is also available on the homepage. Complaints are forwarded to the Compliance Directorate, where they are handled in accordance with the Complaints and Objections Handling Policy of MFB Plc. In order to monitor the processes, the Customer Service keeps daily, weekly, monthly and annual statistics on inquiries, which are recorded by loan program and inquiry channel (phone, e-mail, personal). Most inquiries come by e-mail, followed by phone inquiries and then personal inquiries. Based on the rules of operation of the Customer Service, in order to provide efficient customer service, the response will be made within 8 working days. In addition, in the case of suspected fraud, suspected corruption or corrupt behavior, individuals can make a report through the complaint reporting channel, the details of which are presented in 10.1.3 Ethical rules of conduct and anti- corruption. The Bank has its own dedicated channel for the enforcement of data subjects' rights, the notification of data protection complaints, as well as the submission of fundamental rights complaints. MFB- Property Development Plc. provides two communication channels for the affected community: a reporting channel related to organizational integrity and a general contact channel. The Company's Policy for handling incidents that violate organizational integrity sets out the processes by which the Company identifies and handles complaints and reports related to organizational integrity from outside and from within, as described in Chapter 7.3.3 Employee Reporting Channels. The policy stipulates that the management of reports is the joint responsibility of the internal auditor, the Legal Counsel and the Compliance Officer. In the case of more serious risks, the Supervisory Board will also be involved in the process. The deadline for the investigation of reports is 30 days following the registration of the report, and in cases requiring urgent action, it is 15 days. Reports made by external individuals to the company can only be submitted through a dedicated link on the company's website (integritastsertoesemenyek@mfbingatlan.hu) or by postal mail addressed to the company's registered office. Furthermore, MFB- Property Development Plc. provides communication opportunities for external individuals through the contact channels published on its website. On the website, under the Contact menu, you can find the company's headquarters, telephone contact details, and an email address where you can contact them. Due to its operation, the company does not have a dedicated customer service. MFB Invest Plc., similarly to MFB- Property Development Plc., does not operate customer service. For communities, the company's contact details can be found on the "Contact" tab of the website. MFB Invest Plc. ensures that its clients may communicate their complaints regarding the company's conduct, activities or omissions verbally (in person) or in writing (either personally or through documents submitted by others, by postal mail, or via email). Verbal complaints can be made during working hours at a previously agreed-upon time, while written complaints can be submitted to the company's address or sent by mail. Feedback can be reported via email to the company's electronic address at info@mfbinvest.hu The Compliance Officer is responsible for handling complaints, and they carry out this task in cooperation with the relevant professional area. Further information for stakeholders can be found on the website of MFB Invest Plc. under the "Contact", "Data Protection" and "Ethical Declaration" tabs. The Compliance Officer keeps a record of the complaints and the actions taken to address and resolve them, which include the description of the complaint, the identification of the event or fact related to the complaint, the date of submission, the action to address or resolve the complaint, the justification for any rejection, the deadline for implementing the action the name of the person or organizational unit responsible for execution, and the date of response to the complaint. In addition, the company operates an internal control system that is suitable for ensuring the enforcement of ethical values and integrity in all areas of activity, as well as for effectively preventing corruption and abuse. As part of this, systems are in place to report and investigate incidents violating the company policies, which are described in detail in Chapter 10.1.3 Ethical Rules of conduct and anti-corruption. The detailed rules for reporting and investigating abuses are set out in the Policy on the Management of Incidents Violating Organizational Integrity.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 141 Hiventures Plc. ensures that every stakeholder can make a report regarding the company's conduct, activities, or omissions, either verbally or in writing, in accordance with the provisions of the Complaints Act. In addition, the company also operates a complaint channel. Verbal complaints are received at the relevant specialist area at its headquarters every working day during office hours. The company will immediately investigate the verbal complaint and remedy it as necessary. In addition, it continuously accepts complaints sent to the email address panasz@hiventures.hu through its online platform. It is also possible to submit a complaint by post addressed to the registered office of Hiventures Plc. In addition to filing a complaint, an objection may also be filed against a decision belonging to the so- called GINOP Capital Funds originating exclusively from European Union funds, in accordance with the provisions of Government Decree 272/2014 (XI.5.). If an investment application is rejected, the letter with the subject line "Rejection of the investment application" contains information about the possibility of filing an objection (call for legal remedy). In the case of written complaints, Hiventures Plc. shall send its reasoned position to the complainant by post within 30 days of the receipt of the complaint. The Compliance Directorate is responsible for responding to the complaint, and it formulates its response in cooperation with the relevant specialist area. The Compliance Directorate keeps a record of the complaints and the actions taken to address and resolve them, the content of which, similarly to the rules of MFB Invest Plc., is as follows: description of the complaint, identification of the event or fact related to the complaint, the date of submission, the description of the action to address or resolve the complaint, the justification for any rejection, the deadline for implementing the action, the name of the person responsible for execution and the date of response to the complaint. In the case of MKK Plc., debtors are the communities concerned, so the reporting system is most relevant to them. Customer service provides complaint options, especially for credit disputes, which are handled by the Complaints Handling Team. The Complaints Handling Policy and Procedure provides a detailed overview of the related activities and processes, which follow a well-structured and transparent process in the case of MKK Plc., aimed at the effective and lawful handling of complaints. The first step in the complaints handling process is the submission of the complaint, which can be made verbally or in writing. In the case of a verbal complaint, the complainant can submit their report in person at the customer service or via phone, while a written complaint can be submitted in person, by postal mail, by fax, via email, or using the complaint submission form available on the MKK Plc. website. When submitting a report using the complaint submission form, the reporter can select the type of complaint and the service to which the complaint pertains. Upon receipt of the report, the Complaints Team will register the complaint and begin an investigation into it, during which the responsible staff will consider all relevant circumstances and, if necessary, request further information from the complainant. The deadline for investigating reports is usually 30 calendar days, but in certain cases, such as complaints related to the Central Credit Information System (KHR), the deadline for responding is shorter, up to 5 working days. In its response to the complaint, MKK Plc. shall explain in detail the outcome of the investigation, the actions to address or resolve the complaint, and justify the background of the decision and the further legal remedies available in the event of the rejection of the complaint. The information available on the website of the MKK Plc. provides information for the affected communities about who exactly can report and how, as well as about the rules of the investigation. In the case of bona fide reports, according to the Code of Conduct and Ethics, whistleblowers may not be disadvantaged. No serious human rights issues or incidents related to the affected communities were reported at MFB Group companies in 2024. There are no known human rights issues or incidents, nor any related reports. 8.4.2 Developing clients competencies Educating the affected communities, including clients, is essential to increase financial awareness and build trust between the Group and its clients. Additionally, education can also greatly contribute to reducing risks and supporting community development. For all these reasons, the MFB Group also focuses on educating its clients and believes that it can create a healthier banking ecosystem.The Medium-Term Business Strategy of MFB Plc. includes the goal of serving as a financial knowledge

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 142 center, enabling it to support the work of domestic corporate decision-makers, align the business activities of the MFB Group, leverage synergies, and enhance the financial competencies and awareness of businesses in need. MFB Plc.'s commitment to this is also reflected in the fact that one of the focus areas of MFB Plc.'s ESG strategy is the development of the financial awareness of customers and employees. Raising awareness of SMEs and entrepreneurs, as well as expanding their financial and sustainability knowledge, is one of the key target areas of the Bank's Marketing and Communications Directorate. As part of this, the Összetartók.hu website (www.osszetartok.hu) was created. The Összetartók.hu website created by MFB Plc. aims to support entrepreneurs and establish valuable business relations, whether it is business opportunities or sharing experiences. The Marketing and Communications Directorate is responsible for the new content appearing on the site. The topics of the articles published are determined by the needs of entrepreneurs, legislative changes and the current issues given by the market environment. The services offered by the site include: • An online business club that does not require a membership fee. Once registered, users can post their searches, questions, advice, and suggestions free of charge. • Free assistance: All related financial products of the MFB Group, including loans, equity contributions and guarantees, are available on the site. • Knowledge base: Provides support for entrepreneurs and banking professionals in managing financing difficulties, and the blog provides useful advice for entrepreneurs. Another important element of education is the MFB Podcast series, which is available on the Összetartók.hu website. In addition to topics that help and inform businesses, the topic of podcasts has been expanded to include issues affecting the wider public, in which sustainability, environmental and social topics are increasingly emphasized. The determination of topics is influenced by market needs and legislative changes, as well as topics supported by MFB that are important from a social responsibility perspective. In addition, further podcasts have been produced in connection with one of the key initiatives of MFB's Plc. CSR activities, the support of the Szent Márton Children's Ambulance Service, with content aimed at parents and laypeople with young children. The series presents several young researchers who have been awarded in the former Junior Prima "Hungarian Science" category (on a monthly basis), which are also available on YouTube, as well as researchers working in research fields whose work is significant in solving problems affecting society and the environment and in managing risks. The regional managers of the related programs are the Director of Marketing and Communications and the Deputy Director of Marketing and Communications of the Directorate of Marketing and Communication. The CSR activities of MFB Plc. are reported in detail in Chapter 9. The number of registered businesses on the Összetartók.hu platform is constantly increasing, and by 2024 the number of members had already exceeded 900. The number of articles, interviews, and podcasts related to and of interest to businesses has expanded on a daily and weekly basis (approximately 120 new pieces of content were published on the site in 2024), as well as the range of topics. In 2023, the site registered about 45 thousand visits, and this magnitude remained in 2024. MFB is committed to the development of financial awareness, therefore it joins the "PÉNZ7" series of events organized by the Banking Association every year. The aim of the financial education theme week is to provide the high school age group with clear and comprehensive information to help expand their financial and business knowledge. Every year, more and more MFB employees apply to hold educational classes in secondary schools, thus helping to answer questions related to the challenges of lending or entrepreneurship, for example.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 143 9. Social responsibility Material topic Economic, social and cultural rights of communities Used standards ESRS S3 GRI G4 FS7 Introduction The chapter describes the MFB Group's communication and cooperation with stakeholder communities and also covers the presentation of its social financing and social responsibility activities. Supported Sustainable Development Goals (UN SDGs) Connection of material topic to the MFB Group The basis of materiality Impact materiality, Financial materiality Impacts Through the Student Loan Centre belonging to the MFB Group, the MFB Group has been able to financially support the lives of many young people in higher education, vocational and adult education and studies. By promoting access to education, wider social strata can participate in higher education. MFB has a positive impact on the development of social equality and equal treatment through the financing activities carried out by the Student Loan Centre. Financial risks - Financial opportunities The social loans aimed at job creation, job preservation and unemployment alleviation (MFB Microcredit Refinancing Program, MFB Crisis Loan, MFB Crisis Loan Plus, MFB Economic Reconstruction Loan) make up a significant part of MFB's own loan portfolio in terms of the SME sector, the expansion of which may mean additional interest income for MFB Plc. Managing of material topic Connection to ESG strategy Developing the financial awareness of customers and employees Sustainable borrowing and financing in line with development bank objectives Corporate Policies Related policies and rules of Hiventures Plc.: • Instructions from the CEO on the Internal Information on Objection, Complaint Handling and Whistleblowing Related policies and rules of MFB Plc.: • Strategy and policy and procedures for preventing and tackling fraud • Fraud prevention rules for the use of EU funds • Code of Conduct and Ethics • Anti-corruption policy • Customer service rules • Complaints and Objections Policy • Internal instruction on the application of the Charter of Fundamental Rights to loan-type financial instruments in the 2021-2027 programming period • Privacy and Data Security Policy

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 144 • Support and Sponsorship Policy • Refinancing Procedure Instructions • Széchenyi Microcredit Scheme Regulations of the Széchenyi Card Program’s Business Regulations of KAVOSZ Private Financial Services Intermediary • Product Management Policy for EU-funded credit products Related policies and rules of MFB- Property Development Plc.: • Policy for handling incidents that violate organizational integrity Related policies and rules of MFB Invest Plc.: • Complaint Handling Policy • Policy for handling incidents that violate organizational integrity Related policies and rules of MKK Plc.: • Complaint Handling Policy and Procedure • Corporate Social Responsibility (CSR) Plan Priority actions MFB Széchenyi Microcredit Refinancing Program 2.0 MFB Corporate Energy Efficiency Loan Program MFB PVRK Working Capital Loan Program Student Loan1, Student Loan 2 GINOP-8.3.5-18, GINOP-8.3.5-18/A, GINOP-8.3.5-18/B and GINOP-8.3.5-18/B_4 - Technological modernization of micro, small and medium-sized enterprises GINOP-9.1.1-21 - Interest-free restart quick loan GINOP-8.1.1-16 - Support for R+D+I activities of enterprises GINOP-2.1.2-8.1.4-16 - Support for R+D+I activities of enterprises GINOP Plus-1.4.3-24, GINOP Plus-1.4.4-24 SME Technology Plus Loan Program DIMOP Plusz-1.2.3/B-24 Support for the Digitalization of Small and Medium-sized Enterprises Loan Program DIMOP Plus-1.2.3/A-24 Support for the digitalization of micro, small and medium-sized enterprises Operation of reporting lines and customer services Összetartók.hu site operation MFB Podcast Series Cooperation of MFB Plc. with Hungarian Interchurch Aid MFB Plc.'s cooperation with the Szent Márton Children's Ambulance Service Cooperation of MKK Plc. with Hungarian Interchurch Aid Hiventures Plc.'s "TégyJótTavasz!" initiative Metrics Total annual disbursements (million HUF), effective capital and gross exposure (million HUF) and share of funds of SMEs within the framework of its own funded loan programs (%) Total annual disbursements (million HUF), effective capital and gross exposure under MFB Plc.'s Sustainable Finance Framework (million HUF) Financing provided by MFB Plc. to the Student Loan Centre MFB Plc.'s disbursement from EU funds promoting social goals and the value of its portfolio (million HUF) related to social ESG objectives

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 145 Targets MFB Plc. shall achieve its objectives related to its own funded loan programs and its European Union-funded loan programs in accordance with the objectives set out in its Medium-Term Business Strategy, in accordance with the objectives set out in the Annual Business Plan. Social responsibility is of paramount importance to the MFB Group, as it aims to contribute to sustainable economic development and social welfare. Through these initiatives, the subsidiaries of the MFB Group participate in community development and addressing environmental challenges. The Banking Group does not have corporate social responsibility KPIs or Group-level measures in this area, but MFB Plc. places a strong emphasis on active social engagement and has several such initiatives. In the following, various measures and initiatives are presented in connection with the social responsibility of MFB Plc. and its subsidiaries. The double materiality assessment did not reveal any negative impact on the relevant entities that came into contact with the bank. At the same time, MFB Plc. strives to ensure that the principles of equal opportunities and social responsibility remain an important element of its support strategy. The Bank's corporate social responsibility programs were also very diverse in 2024, with various donation and volunteer programs as well as collaborations with civil organisations, implemented with the cooperations of the Human Resources Directorate and the Marketing and Communication Directorate. MFB Plc. has been a committed supporter of the Junior Prima Award in the "Hungarian Science" category of the Junior Prima Award, established in collaboration with the Prima Primissima Foundation, providing financial support continuously since 2007. The award can be given to scientists under the age of 33 who contribute to the development of Hungarian science through their outstanding scientific work and community activities. MFB Plc. supported the award winners selected by the professional committee with 3 million forints each in 2024. MFB Plc.'s priority is to support sustainability-related issues, initiatives and foundations affecting wider social strata (e.g. Hungarian Interchurch Aid, Szent Márton Children's Ambulance Service). A number of CSR programs were implemented in 2024 as well. In March, 58 people donated blood in cooperation with the Hungarian Red Cross, and 69 colleagues participated in the blood donation event in October. The Bank also joined the "Iskolakezdés együtt!" (“Start of the school year, together!”) collection campaign of Hungarian Interchurch Aid, where employees not only collected donations, but also volunteered to sort and pack school bags. We were able to provide school supplies for 200 disadvantaged children to start school. The Bank's running team once again competed in several running competitions as a member of the supporters' running community of Hungarian Interchurch Aid, wearing a running shirt with the inscription " Ne csak szurkolj, segíts!” (Don’t just cheer, help!) promoting the Aid's donation line, thus supporting the work of the organization. MFB's employees also collected donations during the Christmas period (in the framework of which Hungarian Intercurch Aid delivered a donation package of 500 boxes of non-perishable food to families in need), and they also prepared targeted, personalized gifts for the 100 children. In addition to the above, MFB contributed with funding to the launch of the Szent Márton Children's Rescue Foundation's mobile application called Mentő Márton, which prepares parents for the management of child-related emergencies. The application, which is available free of charge, provides knowledge with interactive tools and in a playful form to deal with various dangerous situations, such as accidents or illnesses. After successful knowledge tests, users can collect points that can be redeemed for real gifts. In addition to the application, a number of educational materials were also created in 2022 and 2023 in cooperation between the Szent Márton Children's Ambulance Service and MFB Plc., including the Children's Rescue Handbook and the Lifesaving Parents video series. In 2024, the new

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 146 application was widely introduced/campaigned, and new educational content became available in the application. An important tool of the Bank's social responsibility is the provision of grants and sponsorship. The Bank determines the annual budget available for support and sponsorship in the Annual Business Plan, which amounts the Founder of MFB Plc. is entitled to approve. MFB's Support and Sponsorship Policy regulates sponsorship and CSR activities and the process of support. This Policy sets out the projects of public interest and social benefit that the Bank prefers to finance and support (e.g.: education, including the development of financial, economic and management awareness, ensuring access to knowledge, recognising development, and expanding the professional dialogue on economic development; the development, expansion and implementation of science, research and innovation, as well as the development of culture and cultural knowledge). When awarding sponsorship grants, the Bank pays special attention to health, humanitarian, cultural and sports purposes, but scientific and professional life and European Union integration efforts also play a role. In its support strategy, MFB Plc. strives to provide a wide range of support amounts. A number of ad hoc, smaller projects were implemented with the support of the Bank, but there are also many goals, foundations and institutions among the beneficiaries to which the Bank commits itself every year. In general, priority is given to applications that affect the widest possible social strata and achieve goals of greater importance. Applications must be submitted to the Bank in writing. The entire administration is in writing, the Bank does not issue verbal information about the subsidies. In all cases, applications for support are assessed by a committee. In accordance with the legal requirements, MFB Plc. publishes on its website the list of recipients of grants exceeding HUF 5 million, which can be found in the https://www.mfb.hu/kifizetesek-s2263 . The bank's website (www.mfb.hu) and the Összetartók.hu website also contain information on social responsibility and major cases of social interest. The framework of resources provided by the Bank is open, and it strives to satisfy the received requests for support and sponsorship in part or in full. At present, MFB Plc. does not monitor the impact of this activity of the Bank on the communities supported in the course of social responsibility. Among the subsidiaries, MKK Plc. has a Corporate Social Responsibility (CSR) plan, that outlines the company's principles of social responsibility and its main focus issues, with the Human Resource Management Group being responsible for its implementation. The Plan includes a number of initiatives and activities aimed at strengthening social and environmental responsibility. In addition to supporting socially disadvantaged people and those in need to improving their quality of life, the company's commitment to CSR also emphasizes deepening environmental awareness. The established principles of social responsibility are: • Need-based principle: cooperation with charitable organizations to support those most in need. • Community involvement: support for initiatives that require the active participation of communities. • Positive social impact: grants to achieve the most significant positive social impact. • Strengthening environmental awareness: supporting environmentally friendly and sustainable activities. • Religious and political neutrality, ethics: avoiding support for religious organizations, political goals and discriminatory opinions. Following these principles, in 2024 the Bank supported the operation of Fruit Of Care by purchasing handcrafted products made by people with disabilities, while the Take Me Home Foundation, which focuses on healing orphaned and injured dogs, was supported through the purchase of calendars. Colleagues participated in the annual blood donation event, and within the framework of the "Back to school together!" program, they organized a fundraiser for children in need of school supplies. In addition, through the initiative of Hungarian Interchurch Aid's Santa Claus Factory, donations were collected during the Christmas period to support children and families in need. In the spirit of its

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 147 commitment to environmental protection, MKK Plc. joined the nationwide "TeSzedd!" waste collection campaign in 2024 as well. Hiventures Plc.'s 2024 "TégyJótTavasz!" initiative supported the work of value-creating foundations with thematic events for a month. Within the framework of the program, the Bank sent more than 500 items of donations to the Hungarian Charity Service of the Order of Malta and the Duhajdomb Animal Shelter in Üröm. In the autumn, the "Immunerősítő November” (Immune-Boosting November) campaign focused on health preservation, and at the end of 2024, it helped the institutions of the Hungarian Baptist Aid with a shoebox campaign. As a member of the National Capital Holding (NTH), MFB Invest Plc. also participated in the NTH's end-of-2024 "shoebox" fundraising campaign, with which it delivered donations to social institutions, hospitals and foundations under the care of the Hungarian Baptist Aid. At MFB-Property Development Plc., no social responsibility programs and actions were implemented in the year of reporting. IV. GOVERNANCE INFORMATION 10. Responsible and transparent banking operations The central element of the management of the MFB Group is operating in a transparent manner at all times, in accordance with all relevant legal obligations and ethical norms as well as internal rules. All subsidiaries of the Group have developed a number of internal policies and processes to ensure operation with responsibility and integrity and follow strict data protection rules and (public) procurement rules. The next chapter contains the corporate governance aspects that are important for the MFB Group and have not been presented in Chapter I. General information. 10.1 Responsible corporate governance Material topic Corporate Culture Used standards ESRS G1-1 Introduction The chapter discusses the MFB Group's principles related to legal compliance, in addition to the description of compliance activities, it also covers the presentation of ethical business conduct, anti-corruption operation and the whistleblowing system. Supported Sustainable Development Goals (UN SDGs) Connection of material topic to MFB Group Materiality Basis Impact materiality Impacts The MFB Group pays special attention to transparency and ethical operation within its corporate culture. Within this framework, all employees of MFB Plc. receive training on compliance and ethical conduct. Company ethics principles outline, among others, the publication of cases 17 and the prohibition of discrimination, ensuring a transparent presentation of the company's own operations. The company also maintains an ethics committee. Financial risks - Financial opportunities - Managing of material topic Connection to ESG strategy Responsible banking and corporate governance, regulatory compliance 17 In 2024, no report on internal abuse, violations defined in the Code of Ethics, or cases of misuse as set out in the Credit Institutions Act, was made at MFB Plc..

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 148 Corporate Policies Related policies and rules of Hiventures Plc.: • Code of Conduct and Ethics • Conflict of Interest Policy • Organizational and Operational Rules • Instructions from the CEO on the Internal Information on Objection, Complaint Handling and Whistleblowing Related policies and rules of MFB Plc.: • Statutes • Organizational and Operational Rules • Directive on an internal regulatory framework containing internal rules order • Decision-making order of business • Rules of Procedure of the Supervisory Board and Board of Directors • Internal Audit Directive • Internal Audit Manual • Asset Declaration and Management Rules • Code of Conduct and Ethics • Anti-corruption policy • Declaration of Ethics • Conflict of Interest Rules • Anti-Money Laundering Rules Related policies and rules of MFB-Property Development Plc.: • Organizational and Operational Rules • Code of Ethics • Compliance Policy • Rules on the Management of Incidents Violating Organizational Integrity Related policies and rules of MFB Invest Plc.: • Code of Business Conduct Appropriate to the Workplace • Policy on the Management of Incidents Violating Organizational Integrity • Compliance Policy • Complaint Handling Rules • Conflict of Interest Rules • Organizational and Operational Rules • Asset Declaration Rules Related policies and rules of MKK Plc.: • Code of Conduct and Ethics • Declaration of Ethics • Compliance Policy • Fraud Prevention and Management Strategy and Policy • Rules on the avoidance, detection and management of conflicts of interest • Conflict of Interest Rules • Organizational and Operational Rules • Asset Declaration and Management Rules • Anti-Money Laundering Rules

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 149 Priority actions Operation of an internal control system Operation of reporting channels Review of internal policies Provision of employee training Metrics Rate of participation in behavioral and ethical training Targets Key performance indicators (KPIs) specifically related to ethical corporate operation and corporate culture were not defined for the companies of the Banking Group because neither external nor internal investigations nor announcements related to ethical corporate operations identified or indicated any deficiencies that would have called for separate performance indicators. 10.1.1 Legal Compliance At the MFB Group, legal compliance is among the cornerstones of responsible operation. In the case of MFB Plc., in addition to the regulation of the banking sector, the Bank's specific role and activities also require full compliance with the law. Its operations are determined by several supervisory bodies and regulations, so it pays special attention to keeping the legal compliance processes up to date and to continuously monitoring legislative changes. The Bank guarantees the compatibility of external expectations with corresponding internal organizational rules and measures by issuing internal regulatory documents and periodically reviewing them in an organized manner. The development and operation of the internal regulatory framework is the task of the Operational Development and Regulation Directorate. They are also responsible for coordinating changes and operational development tasks related to the Bank's operation and internal organizational structure, as well as the system-level development and operation of its decision-making mechanisms. In addition, they are responsible for the management and organization of internal regulatory processes, and also contribute to the creation and modification of internal corporate regulatory documents. The company's most important internal rules include the Statutes, the Organizational and Operational Rules, the Directive on Internal Regulatory Framework containing internal rules, the Decision-making order of business, and the Rules of Procedure of the Supervisory Board and the Board of Directors. Within the Bank, the tasks and responsibilities related to legal compliance are well-defined. The process of monitoring changes in legislation is regulated by internal instructions, which include the responsible areas involved in this task, including particularly the Compliance Directorate, the Legal Directorate and the Operational Development and Regulation Directorate, and the tasks performed by them. The Bank has an extensive internal control system, designed and operated in accordance with the specificities, scope, complexity and risks of the activities of the Bank to carry out its activities under an appropriate management system and with appropriate control. A three-level risk protection system has been established within the organisation: keeping in mind the principle of proportionality, a risk control function, a compliance function and an internal audit function operate in order to implement effective and comprehensive internal control covering the entire organisation. According to the relevant provisions of the Organisational and Operational Rules, the compliance function – as a second line of defence – covers the entire Bank, all its organisational units, business areas and activities, especially regarding the management of conflicts of interest, compliance with legislative changes, complaint handling, market abuse and money laundering prevention. The Compliance Directorate prepares a comprehensive annual report on the Bank's compliance activities for the Board of Directors and the Supervisory Board, which includes the identification of compliance risks, the assessment and analysis of their impact, the development of necessary action plans and the

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 150 monitoring of their results. In addition to its general responsibilities, the Compliance Directorate also performed additional operational tasks related to the Bank's EU funding management activities during the 2014-2020 and 2021-2027 programming periods, primarily in connection with compliance with EU conflict of interest rules. The Internal Audit Directorate is autonomous within the Bank, organisationally and functionally independent from other areas. In carrying out its functions, it examines and ensures that the risk management, governance and control systems and procedures established and operated by the management comply with the requirements. In addition, it makes recommendations for the improvement of the Bank's management and control system, informing the management and monitoring the fulfilment of these proposals. The detailed rules for internal audit are set out in the Internal Audit Directive and the Internal Audit Manual. The Bank's internal control system includes the Banking and Information Security Directorate, which is also responsible for the operation of fraud prevention processes. The Banking and Information Security Directorate is also responsible for assisting the Bank's risk-taking, risk management and human resources activities, developing, controlling and maintaining information security within the Bank, protecting the Bank's employees, buildings, own assets, valuables and important interests, and protecting the personal safety and personal property of its employees. The company's rules promoting legal compliance are available on the intranet. Regulatory compliance of subsidiaries is ensured in a similarly transparent and regulated manner. The Organizational and Operational Rules of MFB Invest Plc., which is also publicly available on the company's website, defines the rules for the internal control system operated by the company. One element of this is the Compliance area, reporting directly to the Chairman-CEO and engaging in its compliance assurance functions independently, both from other internal control functions and supervised and audited areas and business units. The other element is Internal Audit, which operates as an independent internal audit area in accordance with legal requirements. It is instructed by the Supervisory Board, performing its activities in line with company interests. According to the Organizational and Operational Rules, which are publicly available on the website of Hiventures Plc., the company's Independent Compliance Department oversees the company's external (legislation applicable to the fund manager) and internal (the fund manager's internal rules) compliance, supervised by the Compliance and Control Director, under the direct control of the CEO. The Department may only be instructed by the CEO or the Board of Directors and is accountable to the CEO and the Board of Directors. In addition, the company assigns an internal auditor to perform internal audit activities under a contract of engagement. In accordance with the provisions of Act CXXII of 2009 on the more economical operation of publicly owned companies, the internal auditor shall be subordinate to the CEO as the primary manager and act separately from the audited areas, and shall send his reports directly to the CEO and the Supervisory Board. At MFB-Property Development Plc., internal audit is also an important element of the company's control system as part of their internal lines of defense. The internal auditor's tasks are carried out under an external contract of engagement, based on the decision of the CEO and the prior approval of the Supervisory Board. The Compliance Officer reports to the CEO, and his / her tasks and audit activities are regulated by the SZMSZ, which is available on the company's website. At MKK Plc., the Compliance Group is responsible for identifying and managing the risks arising from non-compliance with regulations and non-legislative instructions related to the company's financial and ancillary financial activities (including the MNB recommendations, guidelines, methodological guides, market conventions, codes of conduct, and ethical rules), internal rules (hereinafter collectively referred to as compliance rules), as well as risks relating to supervisory or other regulatory sanctions, significant financial loss, or reputational damage. In addition, the company has established an internal audit body

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 151 for monitoring its operation, in accordance with its Organizational and Operational Rules, which are available on the intranet. The Supervisory Board exercises direct professional management and the right to instruct the chief internal auditor. Key performance indicators (KPIs) specifically related to ethical corporate operations and corporate culture have not been defined at the Banking Group's companies, as neither external nor internal investigations or announcements related to ethical corporate operations identified or indicated any deficiencies that would have required the development of specific key performance indicators. Nevertheless the internal audit and compliance teams of each company prepare the companies' annual work plans every year, which are approved followed up on by the managers of the companies. In 2024, the companies' Compliance and Internal Audit Directorates did not allocate extra funding to manage the material impacts related to corporate culture, in addition to the budget that ensures their normal operations. 10.1.2 Rules on conflicts of interest, declaration of assets At MFB Plc., the separation of conflicting activities plays a key role in the development of the organisational structure and competences in accordance with the provisions of pertaining legislation, in particular the MFB Act and the Act on Credit Institutions and Financial Enterprises. The detailed rules of this are discussed in the Conflicts of Interest Rules, available to all employees on the intranet, which stipulates, among others that decisions may not be taken by a manager or employee who has a personal business interest in a business decision or risk management decision relating to a customer. In addition, the policy restricts the possibilities of employees to enter into other legal relationships for the purpose of work and specify the cases, when and what other legal relationships they may establish. The rules also state that the Bank's managers and employees may not engage in public activities associated with political parties. If a conflict of interest arises, whether in the case of a senior executive or an employee, it shall be reported it in writing to MFB Plc. Depending on the position, the person exercising the owner's or employer's rights shall, in writing, instruct that the reason for the conflict of interest be eliminated within 30 days, otherwise the employment relationship will be terminated pursuant to the MFB Act. As MFB Plc. also manages European Union financial instruments, the conflict of interest rules of government decrees concerning the use of EU funds also apply to the Bank's managers and employees, as set out in procedural rules and conflicts of interest regulations for the given programming period. At MKK Plc., the provisions on conflicts of interest and the related procedures are written in their Policy on the prevention, disclosure and management of conflicts of interest, as for Hiventures Plc. and MFB Invest Plc. it is the Conflict of Interest Policy, whereas, for MFB-Property Development Plc., it is the Code of Ethics. As part of their compliance functions, the companies ensure the management of risks arising from conflicts of interest related to their operations and seek to raise awareness among employees in this regard. These provisions are available and accessible to all employees on their respective intranets. Mandatory asset declarations also strengthen corporate transparency. Pursuant to the relevant parts of Act CLII of 2007 on Certain Asset Declaration Obligations (hereinafter: Vnytv.) and the provisions of the Asset Declaration and Management Rules the following persons are obliged to make an asset declaration: the Chairman-CEO, the Board of Director members and the Supervisory Board, as well as the heads and designated members of the units related to public procurement, EU law, internal audit, compliance, IT, operation, strategic management, and financial management.. At Hiventures Plc., there is an obligation to submit an asset declaration for the employee members of the Public Procurement Committee, the CEO and the internal auditor investigating the public procurement procedure. They are obliged to comply with this obligation in the form and frequency set out in the effective legislational provisions. At MFB Invest Plc., the Chairman and members of the Board of Directors and the members of the Supervisory Board are required to submit an asset declaration, while at MKK Plc., they are the CEO, the Chairman and members of the Board of Directors and the Supervisory Board, as well as

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 152 employees entitled to make proposals, make decisions or control in the public procurement procedure conducted by the company, either independently or as members of a body. 10.1.3 Ethical rules of conduct and anti-corruption As a key element of the MFB Group's responsible corporate governance practice, all managers, employees and agents of the Group are subject to the highest ethical standards, in addition to individual rules applicable at group member companies. Identifying ethical risks – along with other tools of risk disclosure– contributes to prudent operation, the reduction of reputational risks and the strengthening of corporate culture. In this context, the Group's objective is to spread an anti-fraud culture, to establish a comprehensive internal control system, and to raise awareness of ethical principles and expectations with a comprehensive framework of training. One of the basic conditions for the transparent and ethical operation of the MFB Group is the establishment of appropriate regulatory structures through its internal operational policies. Each company of the Group has its own Code of Conduct and Ethics, which sets out their expectations of general corporate conduct and the consequences to be applied in the event of a breach thereof. Another basic condition for the ethical operation of the Group is the good example set by management and the enforcement of the aforementioned internal codes and policies. MFB Plc. emphasizes in its Code of Conduct and Ethics and in its Anti-Corruption Policy that the priority responsibilities of senior management are the following: • To set a good example by fully respecting policies, • To promote an ethical corporate culture, • To share knowledge of, and familiarity with, ethical and anti-corruption rules, • To report conduct that violates policies, • To protect whistleblowers of unethical or suspected corruption cases, ensuring that their rights under the law and the relevant rules of the Bank are respected. For the other subsidiaries of the MFB Group, their own Code of Conduct and Ethics apply, and in all of them, the expectations for managers are uniformly emphasized, which are: • Fair, unbiased, principled and equitable treatment of workers, particulary in the areas of performance appraisal and benefits. • To be a model of behavior for all employees, identification with the objectives and values of the Company, prohibition of abuse of position and the application of pressure. • Fast and responsible decision-making, taking responsibility for decisions, and delegating tasks efficiently and in a balanced manner. • Polite, firm, open and honest communication, formulating fair and constructive criticism, refraining from behavior and pressure that violates the dignity of employees. • To ensure a stress-free working environment, to consider the personal needs of employees and to support their professional development. In addition, special rules apply to the management of all Group companies with regard to conflicts of interest, the granting and acceptance of unprincipled favors, and in the case of the management of MFB Plc., market manipulation and abuse of inside information. The conflict of interest rules applicable in the MFB Group are presented in detail in Chapter 10.1.2 Rules on conflicts of interest, declaration of assets. Managers, together with their employees are expected to complete annual ethics trainings. Furthermore, persons in executive positions at MFB Plc. and MKK Plc. as defined in the Credit Institutions Act are

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 153 also expected to maintain a good business reputation, which is also assessed by the MNB. Maintaining a good business reputation is a concept according to Section 6 (1) Point 51 of the Credit Institutions Act, which means the following: in the course of their activities a person or organization shall comply with the law and engage in line with business ethics, demonstrating fair market conduct, as well as reliability and financial stability. Apart from the management expectations set out in the Group's policies and their monitoring, there are no requirements expressed in relation to business conduct expertise. The third basic condition for the transparent operation of the Banking Group is zero tolerance for corruption. This has been declared by each company of the Group in their anti-corruption or ethics policies. The Declaration of Ethics of MFB Plc., which contains the principles of corruption prevention, as well as the Anti-Corruption Policy adopted by the Board of Directors of MFB Plc., are also publicly available on the Bank's website. The aim of the policy is to record the Bank's attitude towards corruption in a way that is accessible to its customers, partners and other external persons. The Bank's commitment to zero tolerance is shown in the development of principles, procedures and sanctions that promote the prevention, timely detection and management of corruption situations. For the Bank, all forms of corruption are unacceptable, as they destroy fair market conditions and fair and transparent social relations. With regard to corruption and bribery at MFB Plc., the greatest risk is primarily posed by the business areas (Project Finance Directorate and Structured Finance Directorate) and those in direct contact with the Bank's customers (e.g. Customer Service Department, Financial Instruments Control Directorate). MFB Plc. also strives to enforce its anti-corruption policy towards its business partners. In accordance with its related rules, before establishing its business relationships, it pays attention to the fact that the partner has its own code of ethics or regulations – also with regard to the nature of the service to be used. In December 2023, the Bank's Compliance Directorate launched a separate project to prepare for the set up of the anti-corruption standardization procedure. This preparatory phase was successfully completed in the second quarter of 2024, specific tasks will be defined and carried out in 2025 to launch the standardisation procedure for the ISO 37001 anti-corruption management system and to implement the certification. Pursuant to the Codes of Conduct and Ethics of Hiventures Plc. and MKK Plc., employees may not give or promise an unlawful advantage to others, or ask or accept an unlawful advantage from these persons, and they may not accept or promise an unlawful advantage from these persons whether for the breach of their professional obligations (corruption) or for the purpose of acquiring business, investment or to win a contract. The Code of Ethics of MFB-Property Development Plc. states that the company rejects all forms of corruption and bribery, whether in promise or acceptance. It is committed to conducting its activities lawfully, ethically and free from any fraudulent activity at all times. Its anti-corruption policy is set out in its Code of Conduct Appropriate to the Workplace. Employees may not solicit favors, either implicitly or openly, for the initiation or execution of the company's business transactions, either for their own benefit or for the benefit of others. To comply with the Group's policies, all new and existing employees are required to complete compliance conduct and ethics training on an annual basis on a recurring basis, which is implemented in the form of e-learning at MFB Plc. and MKK Plc. The training also includes anti-corruption topics and restrictions on business gifts. As part of the training, all employees must formally accept the ethical behavioral expectations in the form of a declaration. In accordance with the Labour Rules of MFB Plc., the following trainings will be held for new entrants and for all employees on an annual basis in connection with ethical corporate operation: • basic training in anti-money laundering prevention and advanced administrator training, • on the prohibition of insider dealing and market manipulation, • compliance training, • Code of conduct and ethics education. The participation rate in code of conduct and ethics training at the Bank was 98% in 2024.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 154 The fourth basic condition of the Group's transparent operation is the protection of whistleblowers of unethical or suspected corruption cases. Each Group company has put in place appropriate mechanisms to identify, report and investigate concerns. MFB Plc. also operates an internal whistleblowing system in accordance with Act XXV of 2023 on complaints, disclosures in public interest, and related rules on reporting abuses, which implemented the provisions of Directive 2019/1937. Through this channel, suspected or actual cases of corruption can be reported. The workings of the system are detailed in the Code of Conduct and Ethics, about which the Bank also publishes separate information on its website. In addition to the above, they operate an anonymous online reporting interface not only for internal abuse, but for suspected fraud as well. In addition to the request for initiating an ethics procedure, the applicant also has the opportunity to request an ethical declaration. A more detailed description of the various employee reporting channels of MFB Plc. can be found in Chapter 7.3.3 Employee Reporting Channels. The Code of Conduct and Ethics of MFB Plc. contains the rules on the mechanisms for reporting various violations and the identification of ethical risks. The policy is available in the policy library on the Bank's Intranet interface. The provisions on reporting infringements include, among other things, the methods of reporting, the possibility of anonymous reporting, the rules protecting the identity of the whistleblower, and the procedure for investigating reports. Detailed information on the mechanisms for reporting violations is also provided in the curriculum "Behavioural and Ethical Education", which is the subject of the annual mandatory e-learning training and exam specified in the Labour Regulations. For the investigation of reports received from the Bank's employees, there are 10 working days available, while for external reports received from third parties, 30 calendar days are available. The Ethics Committee is responsible for investigating violations of the law and providing guidance through its decisions and resolutions. The Committee is comprised of the Heads of the Compliance, Internal Audit and the Human Resources Directorates. In matters arising in connection with the policy’s provisions, the Compliance Directorate provides guidance for employees. In the decision-making of the Ethics Committee, it is explicitly disclosed whether there has been an ethical violation, a violation of a law relating to the operation of the Bank or any other criminal offence. • In case an ethical violation is proven, but the person subject to the ethical procedure has not violated any law or other internal regulatory document, the Commission will call on the offender to cease the unauthorised conduct or to comply with the ethical norms contained in the instruction, and will apply a warning, provided that, based on the consideration of all the circumstances, the call for ethical conduct is sufficient to achieve the purpose of the ethical procedure. • In the event of a breach of the law, the Commission declares that it lacks competence. If, during the ethics procedure, it is proven that the person subject to the proceedings has also violated the law or other internal regulatory documents, the Commission informs the competent manager of the Bank. Once a year, the Chairman of the Ethics Committee prepares a summary of the cases received, ethical declarations and resolutions for the Bank's Board of Directors, Supervisory Board and Works Council anonymously, in compliance with the legal provisions on the protection of personal rights. The other subsidiaries of the Group also have an effective mechanism in place to identify, report and investigate unlawful or contrary conduct to the Code of Conduct, considering both internal and external reports. Employees are obliged to immediately report such incidents to their immediate supervisors and/or to the Ethics Committee. The Companies shall ensure the anonymity and confidentiality of whistleblowers, and protect them in good faith from retaliation. The reporting channels are available: • in the Code of Ethics of Hiventures Plc. and on the Internal Information on Objection, Complaint Handling and Whistleblowing;

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 155 • in accordance with the Code of Ethics of MKK Plc. and their Fraud Prevention and Response Strategy and Policy; • The Policy on the Management of Incidents Violating Organizational Integrity of MFB- Property Development Plc. and MFB Invest Plc. With the exception of the relevant policy of MFB Invest Plc., the methods of reporting channels are explained in all rules: direct supervisor, the Ethics Committee and the Compliance area, to which reports can be made in writing, by e-mail, by post or in person in the ways indicated in the Code of Ethics. The rules of MFB Invest Plc. state that the report must be made in writing to the direct supervisor, the supervisor of the direct supervisor or the internal auditor. The various employee reporting channels of the subsidiaries are summarized in more detail in Chapter 7.3.3 Employee Reporting Channels. 10.1.4 Anti-money laundering and countering the financing of terrorism Anti-money laundering (AML) and countering the financing of terrorism (CFT) are inseparable from the lawful operation of MFB Plc., in line with relevant European Union and international legislation and the domestic legal acts implementing them. A separate policy contains the relevant group-level guidelines of MFB Plc. As the regulations under the Anti-Money Laundering Act (PMT) must reflect different depths and content within the Group, each member company of the Group carrying out activities subject to the PMT has developed its internal policies in accordance with its own characteristics. Regarding the scope of activities of the Compliance Directorate, the change in the anti- money laundering rules is the most dynamic of the tasks assigned to the compliance area. In addition to Act LIII of 2017 on the Prevention and Combating of Money Laundering and Terrorist Financing, the changes affected the content of other regulatory instruments published by the MNB that are also available on the website https://www.mnb.hu/felugyelet/szabalyozas/penzmosas-ellen. The Bank's PMT rules provide guidance on banking functions and related processes aimed at the prevention and combating of money laundering and terrorist financing, activities focused on the screening, monitoring and identification of customers and business partners, and procedures for reporting and record keeping of suspicious transactions identified. Customer due diligence is carried out in connection with both own and mediated financial funds. It is supported by an electronic record keeping system, a compliance application developed for this purpose, supporting customer due diligence processes. The system also allows for the direct screening of potential customers on various international sanctions lists and the monitoring of unusual transactions. The Bank pays special attention to strengthening employee awareness and, according to the PMT Regulations, within 30 days of hiring, all employees receive PMT training at the level required for their position – basic training, general administrator training or one of the special training courses – and organizes further training at least once a year. The knowledge acquired during the trainings must be demonstrated in a written exam through the Bank's e-learning system. At areas where the acquisition of knowledge is also essential for daily business, employees participate in advanced-level administrator e-learning training. The Money Laundering Prevention Policy of MKK Plc. covers the activities serving the prevention and combating of money laundering and terrorist financing in connection with financial services activities, risk classification, due diligence and monitoring of customers, the execution of tasks related to the reporting and registration of suspicious financial transactions, the suspension of transactions, and the implementation of financial and asset restrictive measures.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 156 10.2 Data protection and Cybersecurity Material topic Data protection and cybersecurity Used standards GRI 418-1 Introduction This chapter presents MFB Group's data protection and information security policies, as well as the measures by which the Group effectively ensures cybersecurity and protects the data of its employees and customers against modern threats. Supported Sustainable Development Goals (UN SDGs) Connection of material topic to MFB Group Materiality Basis Financial materiality Impacts - Financial risks As a result of data security problems or cyber-attacks, MFB Plc. may suffer significant financial damages. 18 Financial opportunities - Managing of material topic Connection to ESG strategy Responsible banking and corporate governance, regulatory compliance Corporate Policies Related policies and rules of Hiventures Plc.: • Data Protection and Security Rules • Order of fulfilment of requests for access to data of public interest • IT Security Rules • Information Security Rules Related policies and rules of MFB Plc.: • Data Protection and Data Security Rules Bank Security Rules • Information Security Rules • Business Continuity Planning and Management Rules • IT Development Rules • Entitlement Management Instruction • Incident Management Rules • Data Backup Rules • Data Leak Prevention Instructions Related policies and rules of MFB-Property Development Plc.: • Data Protection and Security Rules • IT Development Rules • Information Security Rules Related policies and rules of MFB Invest Plc.: • Data Protection and Security Policy • Order of fulfilment of requests for access to data of public interest • IT Security and Operations Rules Associated policies and rules of MKK Plc.: 18 Based on the legal requirements applicable to MFB Plc., the Bank applies cybersecurity categories. Significant financial damage was defined along the lines of high-rated cybersecurity risks.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 157 • Data Protection and Security RulesInformation Security Rules • Access management Rules • Chief Executive Officer's Instruction on Data Breach Management Priority actions Preparation of an annual data protection work plan Preparation of an annual privacy report Review and amendment of the Privacy and Data Security Policy and the Privacy Policy Data protection education, counselling To investigate and document data protection incidents and to prescribe and carry out the necessary measures in connection with these cases, as well as in general processes and operations Commenting on internal regulatory documents, as well as contracts related to data processing and development processes related to data processing from a data protection point of view Planning and conducting an information security audit Preparation of an action plan to achieve the expectations set out in the new Cybersecurity Act Develop policies for Artificial Intelligence (AI) Business impact analysis, risk assessment, review, data asset assessment To perform vulnerability and penetration tests based on an annual schedule Review of Authorized Software Checking and enabling permissions, elevated privileges, technical administrator access, access control, authorization Explore the storage of sensitive data Information Security Incident Management Metrics Number of well-founded complaints related to customer data breaches and loss of customer data, categorized within the MFB Group according to the GRI 418-1 indicator. Targets At the companies of the Banking Group, key performance indicators (KPIs) specifically related to data protection are not defined due to the nature of data protection as an area, given that it is not an independent process, but serves to comply with the additional data protection provisions applicable to existing activities, thus protecting data. Nowadays, there is an increasing focus on data security and cybersecurity, and this is particularly true for companies in the financial sector. The MFB Group prioritizes the security of its internal information and the data of its customers, as well as the protection of digital data and information, which it achieves through several relevant rules and processes. The information security provisions and principles of the MFB Group are contained in the information security and related policies of each company (e.g. the instruction on incident management), which are issued under the authority of the CEO and are available on the intranet interfaces of each company. In the case of MFB Plc., the tasks of the Information Security functions are defined in accordance with Act LXIX of 2024 on the Cyber Security of Hungary, the 7/2024 (VI.24.) MK decree on the Requirements

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 158 for Security Classification and the Specific Protection Measures to Be Applied in the Specific Security Classes of the Municipality, Government Decree No. 418/2024 (XII.23.) on the Implementation of the Act on the Cybersecurity of Hungary and the Decree of the Hungarian National Bank No. 1/2025. (I.13.) on the protection of the IT system, while in the case of the other members of the MFB Group, it is regulated by the laws and internal rules governing the operation and activities of the given member company. Based on general international standards and recommendations, such as ISO/IEC 27001:2022 and NIST recommendations, the following additional tasks should also be highlighted: • Developing, reviewing and continuously updating information security risk management processes. • Ensuring a rapid response to security events and incidents, as well as documenting and analyzing them. • Liaising with international and domestic information security communities and forums to share best practices and up-to-date information. In this context, according to the company's policies, the three primary protection objectives of information security are "confidentiality", "integrity" and "availability", which means: • Confidentiality: who has access to sensitive data and how. This is related to appropriate access rights and the use of cryptographic techniques, for example. • Integrity: means protection against unauthorized alteration or deletion of information, as well as the reliability and completeness of information. • Availability: information, systems and buildings must always be available to authorized persons. The provisions related to data protection of the MFB Group are contained in the Data Protection and Data Security Rules of each company, in which the method of processing personal data is established with the help of the formulated principles. These principles are legality, due process and transparency, purpose limitation and accuracy, data minimization and limited storage, integrity and confidentiality, and accountability and prior information. According to the regulations, companies ensure that only employees and data processors can access the data in respect of whose data processing (data processing) access can be justified. Each company's Privacy and Data Security Policy is issued under the authority of the CEO and is publicly available on the companies' websites. The MFB Group carries out its data protection activities based on the recommendations of the National Authority for Data Protection and Freedom of Information (NAIH) and the European Data Protection Board. Member companies of the Group comply with Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation, hereinafter referred to as the GDPR), pursuant to which they employ and provide an independent data protection officer, to ensure that each company’s privacy policy is reviewed on a regular basis. At the companies of the Banking Group, key performance indicators (KPIs) specifically related to data protection are not defined due to the nature of data protection as an area, given that it is not an independent process, but serves to comply with the additional data protection provisions applicable to existing activities, thus protecting data. However, each year, each Data Protection Officer (DPO) prepares annual privacy work plans for companies, which are approved by the companies' boards. They will also be informed of the tasks carried out in the form of an annual data protection report. The privacy report presents all tasks and achievements for a given year. In accordance with the provisions of the GDPR, MFB Plc. appoints a DPO, who performs his or her duties as an independent expert within the Compliance Directorate’s organisitional structure, but independently of it, is directly under the supervision of the CEO and is accountable to him/her. By 31

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 159 March of each year, the DPO prepares the annual data protection work plan of MFB Plc. and the report on the Bank's data protection activities for the previous year. The annual data protection work plan defines the necessary tasks to ensure data protection compliance. Based on the tasks established there, the Bank was able to implement the following processes in 2024: • reviewing the identity of data protection contact persons and modifying them in case of organisational changes, • reviewing and amending the Data Protection and Data Security Rules and the Data Management Information, • reviewing the Data Management Register, • training in data protection knowledge, and consulting, • review of specific HR activities in connection with data processing. In addition, further activities have contributed to the strengthening of the data protection and data security system: data subject requests received by the company have been answered, data breaches have been investigated, documented and the necessary measures have been taken. Internal regulatory documents, contracts related to data processing, and development processes related to data processing were also reviewed from a data protection perspective. MFB Plc.'s key results related to data protection can be linked to the "IT Risk Analysis and Data Asset Survey - Mapping Data Management and Data Recording Processes Project" in 2024. Within the framework of the project, three systems were surveyed, as a result of which, the registration of data processing activities was supplemented with the technical information on which database table and in which field each personal data are included. This information is essential for the Bank to complete the data deletion process. To ensure that MFB Plc.'s employees have up-to-date information on current data protection and data security expectations and obligations, the company has also prescribed mandatory training and related exams for employees, which will continue to be implemented in the form of e-learning in 2024. A total of 544 people passed the 2024 exam. At MFB Invest Plc., the data protection officer function is currently performed by an external contracted company, with the support of the Compliance Department. In connection with the process control and monitoring of the company, a Data Protection and Data Management Report is prepared, which is part of the annual Compliance Report to be approved by the Board of Directors of the company. The approved annual report is sent to the company's Supervisory Board and to MFB Plc., which exercises ownership rights. In addition, in cases requiring immediate action (e.g. a possible data protection breach), the CEO is also informed immediately. MFB Invest Plc. has an appropriate internal regulatory framework (Data Protection and Data Security Policy, Order of fulfilment of requests for access to data of public interest). They regularly review and keep their internal policies and disclosures up to date. They operate their data management processes in compliance with external rules and internal regulations and strengthen their data protection mechanisms with the help of these. In addition, MFB Invest Plc.'s results for 2024 include the fact that there were no data breaches in the reporting year. To ensure that external stakeholders are aware of the data protection regulations, a "Privacy Policy" can be found under the Data Protection section on the website. For internal stakeholders, data protection and data management trainings are part of the Compliance training. The training takes place in person for new employees and in the form of an annual recurring online course for existing colleagues. In 2024, 1 new employee received data protection and data management training, and 22 people participated in the annual recurring training. In addition to the Data Protection and Data Security Rules, Hiventures Plc. will further strengthen its internal regulatory system by fulfilling the requirements for access to data of public interest. The company also has a DPO, a function currently performed by a colleague working in the Compliance Independent Department, who is independent in his/her data protection duties and is accountable to the company's top management. The data protection and data management report prepared for the

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 160 management is part of the annual compliance report, which is approved by the company's Board of Directors. The approved annual report will be sent to the company's Supervisory Board and to MFB Plc., the owner of the company's rights. In addition, the executive statement on the operation of the company's internal control system, which is mandatory to be prepared annually based on legal requirements, also contains declarations related to data protection issues affecting the operation of the company. In cases requiring immediate action, the CEO is also informed immediately. The rules for managing personal data breaches are laid down in the Data Protection and Data Security Rules and the IT Security Rules. Hiventures Plc. regularly reviews and keeps up to date its internal policies and disclosures related to data protection and data security and operates its data management processes in compliance with external and internal rules and regulations. In 2024, 19 Hiventures Plc. also contributed to the preparation of the Joint Data Processing Notice, which was prepared at the level of the NTH Group in connection with the development of a new system to facilitate recruitment and selection processes, a software called ATS that supports performance evaluation and other HR functions, and also published its new Data Processing Notice on its new website completed during the year. Data protection and data management training is also part of the Compliance training at Hiventures Plc. New colleagues have 60 days from the date of their entry to acquire the knowledge. Completing the corresponding test is mandatory for employees. In addition, introductory personal compliance training is held for new employees to effectively transfer knowledge. This form of training is still continuous, adjusted to the number of new colleagues. In 2024, the Compliance Department held training for 6 new employees. In accordance with the GDPR, MKK Plc. also has a DPO, whose work is supported by their Data Protection Group, which reports directly to the CEO. The management receives the annual report by 31 January, which describes the progress of the previous year's tasks. In addition, management is also informed and involved after the completion of the data protection audits and when necessary. The company's main activity related to data protection is the transformation of internal processes, and the incorporation of data protection aspects into existing processes, as this is how the company can ensure that the personal and/or sensitive data of data subjects are not exposed to data leakage, theft or loss. An entry training for new colleagues took place every month in 2024, with a total of about 20 participants. In addition, the annual training was also mandatory for all employees, i.e. about 300 people. The company also held additional, unplanned training on the topic for several areas, including responding to customer letters and complaint handling, which was attended by 20 people. In 2024, the greatest achievement of MKK Plc. in the field of data security can be considered the fact that no procedure or fine was administered by the NAIH. Az MFB- Property Development Plc. performs their data protection activities in accordance with their internal data protection rules, with coordination being performed by a contracted external DPO. Due to the processing of small amounts of data related to natural persons, MFB- Property Development Plc.'s main objective in 2024 was "incident-free data protection", which was successfully fulfilled, as there were no data protection incidents or requests in this regard in the year of reporting. As no new types of data were processed in 2024 in relation to personal data, there was no need to modify the data processing register, no new interest balancing test was carried out, and no DPO statement was issued. In addition, within the framework of information security tasks, a professional opinion related to data protection related to the infrastructure development related to IT systems was also carried out in 2024. Privacy information is reported to management in the form of the annual Information Security and Privacy Report. The company's data protection training is expected to be introduced in 2025. 19 NTH Plc., designated on the basis of a government decision, was established at the end of 2022 in order to ensure the operation of partially or fully state-backed capital funds and companies providing Equity Financing, within the framework of which it provides accounting, marketing, legal and controlling services to MFB Invest Plc. and Hiventures Plc., among others.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 161 The Banking Group relies on the GRI 418-1 indicator to present substantiated complaints about breaches of customer data and customer data loss. According to the requirements of this indicator, the total number of substantiated complaints received in relation to customer data breaches should be disclosed, broken down by complaints received from third parties and substantiated by the organisation, as well as complaints received from regulatory authorities. You must also disclose the total number of identified data breaches, theft, or loss of customer data. In addition, according to GRI 418-1 disclosure, when compiling information, the reporting organization must also indicate if a significant part of these substantiated complaints are related to events in previous years. However, if the reporting body has not identified any substantiated complaints, it is sufficient to provide a brief statement of this fact, which is provided in the table below. Thanks to the regulations outlined above, which were planned and implemented by the Banking Group, the complaints received in case of MFB Plc. and its subsidiaries were as follows. Number of substantiated complaints related to breaches of customer data and loss of customer data by type within the MFB Group Required information MFB Plc. Hiventures Plc. MFB Invest Plc. MFB-Property Development Plc. MKK Plc. Did the organisation identify a substantiated complaint during the reporting period? No No No No No Types of complaints Complaints from third parties that the organization considers to be substantiated 0 0 0 0 0 Substantiated complaints from regulatory bodies 0 0 0 0 0 Total identified number of customer data leaks, theft, or loss 5 0 0 0 0 According to MFB Plc.'s interpretation, complaints from external parties refers to data protection incidents reported by external parties, while complaints from regulatory bodies are data protection incidents reported by the NAIH – either through an inquiry or the initiation of an official or investigative procedure. The leakage, theft or loss of customer data is considered a security breach under the GDPR definition of a data breach that results in the loss, unauthorized disclosure or unauthorized access to the data. There were 5 data breaches at MFB Plc. in 2024: • In two cases, there was an administrative error, each of which involved a customer with a limited amount of data. • In one case, the incident did not affect the data of clients, and an intermediary in a contractual relationship became aware of information without authorization. • In two cases, due to an incorrect system setting resulting from an individual administrative error, the data in the system became available to a fund manager or financial intermediary also in a contractual relationship.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 162 Data breaches have been investigated and documented in accordance with internal policies. In all cases, it was established that the incident did not pose a risk to the data subjects, so in accordance with the GDPR, it was not necessary to report to the data protection authority or notify the data subjects. In the case of MFB Invest Plc., Hiventures Plc., MKK Plc and MFB-Property Development Plc., there were no data protection incidents in the reporting year. 10.3 Transparent and accountable procurement practices Material topic Management of relationships with suppliers, including payment practices Used standards ESRS G1 Introduction The MFB Group's purchasing and invoice payment policies are presented, as well as the measures by which the Group effectively ensures transparent and accountable procurement and responsible payment practices. Supported Sustainable Development Goals (UN SDGs) Connection of material topic to MFB Group Materiality Basis Financial materiality Impacts - Financial risks - Financial opportunities Raising funds that considers sustainability aspects generally has a more favorable financial construction, which has a positive impact on the financial situation of MFB Plc. Management of material topic Connection to ESG strategy Responsible banking and corporate governance, regulatory compliance Corporate Policies Related policies and rules of Hiventures Plc.: • NTH National Capital Holding Plc. and the Procurement Policy of the NTH Group Members Related policies and rules of MFB Plc.: • Procurement and Public Procurement Rules • Instructions on the procedures and related tasks prior to the payment of investment and operating expense accounts and accounting postings Related policies and rules of MFB-Property Development Plc.: • Procurement Policy Related policies and rules of MFB Invest Plc.: • Procurement Policy of the NTH National Capital Holding Plc. and NTH Group Members Related policies and rules of MKK Plc.: • Instructions on the rules on the management and flow of certain accounting documents and on financial transactions based on the documents • Instruction on the procurement order of MKK Plc. • Public Procurement Rules

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 163 Priority actions Implementation of the Procurement and Public Procurement Plan, conducting procurement and public procurement procedures, related contracting Review procurement policies Recording and Executing Invoices Metrics The average duration that the company requires to make a payment for an invoice, starting from the contractual or legally stipulated payment deadline. Targets In connection with the management of relations with suppliers, the Banking Group does not have any key performance indicators due to the nature of the operation of the sector, and so far there has been no requirement for this in the MFB Group. The MFB Group is committed to responsible and transparent operation, which is manifested not only in its daily business activities, but also in its procurement procedures. Transparency and responsible sourcing practices are key not only to achieving sustainability goals, but also to strengthening stakeholder trust. The MFB Group does not have a Group-level procurement policy, its procurement and public procurement processes are laid down in the procurement policies of each company and the related legal provisions. Due to the nature of the operation of the sector, the Banking Group does not have quantified performance indicators for the management of relations with suppliers, and so far there has been no requirement for this in the MFB Group. As a wholly state-owned company, MFB Plc. shall comply in all respects with the provisions of Act CXLIII of 2015 on Public Procurement (Kbt.), which regulates its public procurements, including the order of procedures, processes, records and documentation, as well as the scope of procedural steps. The purpose of the Bank's Procurement and Public Procurement Rules published on the intranet is to define the internal order of the processes along these legal acts, supplemented by the rules applicable to procurements below the public procurement threshold. In connection with public procurements at EU level, additional requirements must also be met, including conflicts of interest, in addition to the fact that the conflict-of-interest requirements are also met between MFB Plc. and the tenderer. According to the Rules, the Procurement and Public Procurement Directorate manages the processes related to (other) procurements, in close cooperation with the specialist areas involved in the given procurement. The Policy defines the process steps that apply to procurement by value and service type. For certain products and services, procurement is possible through the Digital Government Agency and the National Communications Office. An important condition is that where possible, the conditions of competition must be met, stating that at least 3 bids must be received. The summary of the (public) procurement needs planned for the given year related to the Bank's operation is included in the Procurement and Public Procurement Plan. In 2024, the Bank closed 29 public procurement procedures with a total net value of HUF 2,7 billion, and a further 19 public procurement procedures were carried over to 2025 with a total estimated net value of HUF 2,3 billion. The following principles must apply in (public) procurement procedures, among others: • fairness, transparency and publicity of competition, • ensuring equal opportunities and equal treatment for economic operators and proceeding in a proportionate manner in public procurement procedures, • a procedure in accordance with the requirements of good faith and fairness on the part of the Contracting Authority and economic operators, • the prohibition of abuse of rights, • the use of public funds in accordance with the principle of efficient and responsible management,

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 164 • national treatment for economic operators established in the European Union and goods of community origin, i.e. ensuring the same treatment of imported and locally produced products in (public) procurement procedures, as well as ensuring the use of the Hungarian language in (public) procurement procedures. The Bank can only enforce social, environmental and labour law requirements during public procurement procedures in accordance with the provisions of the Kbt. Pursuant to Article 75 (4) of the Kbt., the tender is particularly invalid if it does not comply with the environmental, social and labour law requirements set out in the legislation or in the mandatory collective agreement, or in the international environmental, social and labour law provisions listed in Annex 4 of the Kbt. 20 . During its performance, the tenderer must comply with these labour, social and environmental requirements, and therefore the Bank shall provide information in the procurement documents with the names of the organisations from which the tenderer may be informed of these requirements. Pursuant to Article 75 (5) of the Kbt., MFB Plc. is not obliged to prescribe the indication of special information in the tender in the public procurement procedure, they only check whether the information indicated therein does not contradict the above requirements. Furthermore, MFB Plc. can only enforce the grounds for exclusion specified in Sections 62-63 of the Kbt. during public procurement procedures, it is not possible to apply any other grounds for exclusion, and it may only request data on the subcontractors of the supplier in the course of performance in the manner and in the scope prescribed by the Kbt. MFB Plc. does not currently apply social and environmental criteria when selecting its suppliers regarding procurement procedures. These will be incorporated into future supplier contracts, and the Bank will start implementing the related tasks in 2025. Similarly to MFB Plc., MKK Plc. also acts in accordance with the Kbt. in its public procurements but does not take other ESG aspects into account in its procurement procedures. MFB Invest Plc., MFB- Property Development Plc. and Hiventures Plc. do not belong to the group of entities where public procurement is obligatory, they act on the basis of the rules set out in their procurement policy in relation to the selection of their suppliers and the conclusion of contracts, in which sustainability aspects do not appear as a general principle at present. The Group also keep responsible and ethical operation in its payment practices at the forefront, as they aim to maintain trust and reputation among their partners and suppliers. To this end, they have strict financial policies and procedures in place to ensure accurate, timely and transparent payments to all parties involved. This also supports smaller suppliers and partners, providing them with a stable and predictable financial background. Responsible payment practices include settling invoices on time, ensuring transparency in financial transactions, and continuously monitoring and optimizing financial 20 Annex 4 of the Kbt. contains the following provisions: • ILO Convention No. 87 on Freedom of Association and Protection of the Right to Organise • ILO Convention No. 98 on the Application of the Principles of the Right to Organise and the Right to Collective Bargaining • ILO Convention No. 29 on Forced or Compulsory Labour • ILO Convention No. 105 on the Elimination of Forced Labour • ILO Convention No 138 on the Minimum Age for Employment • ILO Convention No 111 on Discrimination Grounds Employment and Occupation • ILO Convention No 100 on Equal Remuneration for Male and Female Workers for Work of Equal Value • ILO Convention No 182 on Immediate Action to Ban and Eliminate the Worst Forms of Child Labour • Vienna Convention for the Protection of the Stratospheric Ozone Layer and its Montreal Protocol on Substances that Deplete the Ozone Layer • Basel Convention on the Control and Disposal of Transboundary Movements of Hazardous Wastes (Basel Convention) • Stockholm Convention on Persistent Organic Pollutants • Rotterdam Convention on the Prior Informed Consent Procedure for Certain Hazardous Chemicals and Pesticides in International Trade (10 September 1998) and its three regional protocols

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 165 processes. The Group pays particular attention to ensuring compliance with all legal requirements when making payments and that no ethical or legal concerns arise during financial transactions. Regarding their payments, the MFB Group proceeds in accordance with the deadlines specified in the contracts, which typically means the days from the receipt of the invoice, defined as 8 and 30 days. If this is not specified in the supplier contract, the payment rules of Act V of 2013 on the Civil Code (Ptk.) will be applied, which is 30 days from the receipt of the invoice. In the case of MFB Plc., compliance with payment deadlines is regulated by the company rules entitled "Procedure and related tasks prior to the payment of investment and operating expense invoices and accounting postings", the implementation of which is the responsibility of the Financial Support Centre Directorate (PTKI). In the case of subsidiaries, payment deadlines are noted in the companies' procurement rules or instructions on document flow orders. All invoices are uploaded to the financial systems used by the Banking Group with the payment deadline. The systems allow invoices to be clearly identified and traceable and ensure that they are completed within the deadline. In 2024, there were no ongoing legal proceedings in the MFB Group regarding late payments. Payment Practices Number of days The average time the entity needs to pay an invoice from the date of the start of the contractual or statutory payment term Hiventures Plc. 25 MFB Plc. 29 MFB-Property Development Plc. 5-6 MFB Invest Plc. 25 MKK Plc. 10 In the case of MFB Plc., the payment criteria of live contracts and the weighted average based on the net asset value of the contract were considered for the calculation of the average payment day presented in the table above for the year 2024. At MKK Plc., the average was determined based on the invoice date and payment deadline, in the case of MFB-Property Development Plc., the average payment day was determined on the basis of the average number of days between the receipt of the invoice and the payment, while in the case of MFB Invest Plc. and Hiventures Plc., the average payment day was determined on the basis of past experience. Description of payment terms Number of days Hiventures Plc. Payment deadline (10% of invoices) 30 Based on individual supplier request (no supplier categories) (90% of invoices) 15 MFB Plc. Number of days from receipt of invoice 30 MFB-Property Development Plc. From the date of issue of the invoice, 8 From the date of issue of the invoice, 10 From the date of issue of the invoice, 15 From the date of issue of the invoice, 30/31 MFB Invest Plc. Payment deadline (10% of invoices) 30 Based on individual supplier request (no supplier categories) (90% of invoices) 15 MKK Plc. Past experience data 0-30

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 166 ANNEXES Annex 1 ESRS Disclosure list Disclosure Chapter Page Additional information ESRS 2 General Disclosures BP-1 General basis for preparation of sustainability statements 1. General basis for preparation of sustainability statements 3 BP-2 Disclosures in relation to specific circumstances 1. General basis for preparation of sustainability statements 3 GOV-1 The role of the administrative, management and supervisory bodies 3.1 Governance structure 3.2 ESG governance structure 3.3 ESG education and awareness raising 16 19 21 GOV-2 Information provided to and sustainability matters addressed by the undertaking’s administrative, management and supervisory bodies 3.2 ESG governance structure 4.2 Double materiality assessment 19 26 GOV-3 Integration of sustainability-related performance in incentive schemes 3.3 ESG education and awareness raising 21 GOV-4 Statement on due diligence Annexes 171 GOV-5 Risk management and internal controls over sustainability reporting 3.2 ESG governance structure 4.2 Double materiality assessment 19 26 SBM-1 Strategy, business model and value chain 2.3 Strategic goals and business model 2.4 ESG strategy 2.5 Value chain 7 9 12 SBM-2 Interests and views of stakeholders 4.1 Stakeholder engagement 4.2 Double materiality assessment 23 26 SBM-3 Material impacts, risks and opportunities and their interaction with strategy and business model 4.2 Double materiality assessment 26 IRO-1 Description of the process to identify and assess material impacts, risks and opportunities 4.2 Double materiality assessment 4.3 Mandatory topic-specific disclosures independent of double materiality 26 32 IRO-2 Disclosure requirements in ESRS covered by the undertaking’s sustainability statement Annexes 165

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 167 Disclosure Chapter Page Additional information ESRS E1 Climate change ESRS 2, GOV-3 Integration of sustainability-related performance in incentive schemes 3.3 ESG education and awareness raising 21 E1-1 Transition plan for climate change mitigation 5.2.2 Climate risks and strategy 67 ESRS 2 SBM-3 Material impacts, risks and opportunities and their interaction with strategy and business model 5. Environmental impacts of sustainable financing and fundraising 6. Reducing our environmental footprint 33 76 ESRS 2 IRO-1 Description of the process to identify and assess material impacts, risks and opportunities 4.2 Double materiality assessment 5.2 Development of a business model that facilitates climate change mitigation and adaptation 26 66 E1-2 Policies related to climate change mitigation and adaptation 5.2 Development of a business model that facilitates climate change mitigation and adaptation 5.3 Sustainable fundraising 5.4 Own funded financing supporting environmental goals 5.5 European Union financial instruments supporting environmental goals 6.1 Energy consumption 66 70 71 75 80 E1-3 Actions and resources in relation to climate change policies 5.2 Development of a business model that facilitates climate change mitigation and adaptation 5.3 Sustainable funding 5.4 Own funded financing supporting environmental goals 5.5 European Union financial instruments supporting environmental goals 6.1 Energy consumption 6.2 Greenhouse gas emissions 66 70 71 75 80 82 E1-4 Targets related to climate change mitigation and adaptation 5.2.2 Climate risks and strategy 6.2 Greenhouse gas emissions 67 82 E1-5 Energy consumption and mix 6.1 Energy consumption 6.2 Greenhouse gas emissions 80 82

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 168 E1-6 Gross Scopes 1, 2, 3 and Total Greenhouse gas emissions 6.2 Greenhouse gas emissions 82 E1-7 Greenhouse gas removals and Greenhouse gas mitigation projects financed through carbon credits N/A N/A Not reported disclosure E1-8 Internal carbon pricing N/A N/A Not reported disclosure E1-9 Anticipated financial effects from material physical and transition risks and potential climate-related opportunities N/A N/A Phase-in disclosure Disclosure Chapter Page Additional information ESRS S1 Own workforce ESRS 2 SBM-2 Interests and views of stakeholders 4.1 Stakeholder engagement 4.2 Double materiality assessment 23 26 ESRS 2 SBM-3 Material impacts, risks and opportunities and their interaction with strategy and business model 4.2 Double materiality assessment 7. Responsible employment 26 92 S1-1 Policies related to own workforce 7.1 Supporting employee well-being 7.2 Diversity and equality 93 109 S1-2 Processes for engaging with own workforce and workers’ representatives about impacts 7.3 Retaining our employees 115 S1-3 Processes to remediate negative impacts and channels for own workforce to raise concerns 7.3.3 Employee Reporting Channels 118 S1-4 Taking action on material impacts on own workforce, and approaches to managing material risks and pursuing material opportunities related to own workforce, and effectiveness of those actions 7. Responsible employment 92 S1-5 Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities 7. Responsible employment 92 S1-6 Characteristics of the undertaking’s employees 7.1.1 Introduction of our employees 98 S1-7 Characteristics of non-employees in the undertaking’s own workforce 7.1.1 Introduction of our employees 98 S1-8 Collective bargaining coverage and social dialogue 7.1.2 Remuneration and benefits 7.3.1 Employee communication and consultation 101 116 S1-9 Diversity metrics 7.2.1 Equal treatment and opportunities 111 S1-10 Adequate wages 7.1.2 Remuneration and benefits 101 S1-11 Social protection 7.1.2 Remuneration and benefits 101 S1-12 Persons with disabilities 7.2.1 Equal treatment and opportunities 111 S1-13 Training and skills development metrics 7.1.5 Training and development 107

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 169 Disclosure Chapter Page Additional information ESRS S1 Own workforce S1-14 Health and safety metrics 7.1.4 Health and safety at work 106 S1-15 Work-life balance metrics 7.1.3 Supporting work-life balance 103 S1-16 Remuneration metrics (pay gap and total remuneration) 7.2.1 Equal treatment and opportunities 111 S1-17 Incidents, complaints and severe human rights impacts 7.3.3 Employee Reporting Channels 118 Disclosure Chapter Page Additional information ESRS S3 Affected communities ESRS 2 SBM-2 Interests and views of stakeholders 4.1 Stakeholder engagement 4.2 Double materiality assessment 23 26 ESRS 2 SBM-3 Material impacts, risks and opportunities and their interaction with strategy and business model 8. Social impacts of sustainable finance and funding 9. Social responsibility 122 142 S3-1 Policies related to affected communities 8.2 Own funded financing supporting social objectives 8.3 EU funded financial instruments supporting social objectives 8.4 Informing affected communities 9. Social responsibility 128 134 135 142 S3-2 Processes for engaging with affected communities about impacts 8.4 Informing affected communities 135 S3-3 Processes to remediate negative impacts and channels for affected communities to raise concerns 8.4.1 Channels provided to affected communities 136 S3-4 Taking action on material impacts on affected communities, and approaches to managing material risks and pursuing material opportunities related to affected communities, and effectiveness of those actions 8. Social impacts of sustainable finance and fundraising 9. Social responsibility 122 142 S3-5 Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities 8.2 Own funded financing supporting social objectives 8.3 EU financial instruments supporting social objectives 8.4 Informing affected communities 128 134 135

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 170 Disclosure Chapter Page Additional information ESRS G1 Business conduct ESRS 2 GOV-1 The role of the administrative, management and supervisory bodies 10.1 Responsible corporate governance 146 ESRS 2 IRO-1 Description of the process to identify and assess material impacts, risks and opportunities 4.2 Double materiality assessment 26 G1-1 Business conduct policies and corporate culture 10.1 Responsible corporate governance 146 G1-2 Management of relationships with suppliers 10.3 Transparent and accountable procurement practices 161 G1-3 Prevention and detection of corruption and bribery N/A N/A Not material topic G1-4 Incidents of corruption or bribery N/A N/A Not material topic G1-5 Political influence and lobbying activities N/A N/A Not material topic G1-6 Payment practices 10.3 Transparent and accountable procurement practices 161

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 171 Annex 2 List of disclosures according to additional sustainability reporting standards Disclosures according to additional sustainability reporting standards Chapter Page Additional information GRI G4 FS7 Monetary value of products and services designed to deliver a specific social benefit for each business line broken down by purpose 5.4 Own funded financing supporting environmental goals 5.5 European Union funded financial instruments supporting environmental goals 71 75 GRI G4 FS8 Monetary value of products and services designed to deliver a specific environmental benefit for each business line broken down by purpose 8.2 Own funded financing supporting social objectives 8.3 EU financial instruments supporting social objectives 128 134 GRI 201-1 Direct economic value generated and distributed 8.1 The role of the MFB Group in economic stimulation 125 GRI 418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data 10.2 Data Protection and Cybersecurity 155

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 172 Annex 3 Statement on Due Diligence In order to understand the due diligence process applied by the MFB Group regarding sustainability issues we present the Group's due diligence procedure in tabular form with cross-references. Core Elements of Due Diligence Chapters in the sustainability statement a) Embedding due diligence in governance, strategy and business model 3.2 ESG governance structure 3.3.2 Integration of sustainability-related performance in incentive schemes 4.2 Double materiality assessment b) Engaging with affected stakeholders in all key steps of the due diligence 3.2 ESG governance structure 4.1 Stakeholder engagement 4.2 D0ouble materiality assessment 4.3 Mandatory topic-specific disclosures independent of double materiality 7.3 Retaining our employees 8.4 Informing affected communities c) Identifying and assessing adverse impacts 4.2 Double materiality assessment d) Taking actions to address those adverse impacts E: 5. Environmental impacts of sustainable financing and fundraising, 6. Reducing our environmental footprint S: 7. Responsible employment, 8.4 Informing affected communities, 9. Social responsibility G: 10. Responsible and transparent banking operations e) Tracking the effectiveness of these efforts and communicating E: 5. Environmental impacts of sustainable financing and fundraising, 6. Reducing our environmental footprint S: 7. Responsible employment, 8.4 Informing affected communities, 9. Social responsibility G: 10. Responsible and transparent banking operations

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 173 Annex 4 List of datapoints in cross-cutting and topical standards that derive from other EU legislation Disclosure Requirement and related datapoint SFDR reference Pillar 3 reference Benchmark Regulation reference EU Climate Law reference Chapter Page ESRS 2 GOV-1 Board's gender diversity Chapter 21 (d) Indicator number 13 of Table #1 of Annex 1 Commission Delegated Regulation (EU) 2020/1816 ( 27 ) , Annex II 3.1 Governance structure 16 ESRS 2 GOV-1 Percentage of board members who are independent Chapter 21 (e) Delegated Regulation (EU) 2020/1816, Annex II 3.1 Governance structure 16 ESRS 2 GOV-4 Statement on due diligence Chapter 30 Indicator number 10 Table #3 of Annex 1 Annexes 165 ESRS 2 SBM-1 Involvement in activities related to fossil fuel activities Chapter 40 (d) i Indicators number 4 Table #1 of Annex 1 Article 449a Regulation (EU) No 575/2013; Commission Implementing Regulation (EU) 2022/2453 ( 28 ) Tabl e 1: Qualitative information on Environmental risk and Table 2: Qualitative information on Social risk Delegated Regulation (EU) 2020/1816, Annex II N/A N/A ESRS 2 SBM-1 Indicator number 9 Table #2 of Annex 1 Delegated Regulation (EU) 2020/1816, Annex II N/A N/A

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 174 Disclosure Requirement and related datapoint SFDR reference Pillar 3 reference Benchmark Regulation reference EU Climate Law reference Chapter Page Involvement in activities related to chemical production Chapter 40 (d) ii ESRS 2 SBM-1 Involvement in activities related to controversial weapons Chapter 40 (d) iii Indicator number 14 Table #1 of Annex 1 Delegated Regulation (EU) 2020/1818 ( 29 ) , Article 12(1) Delegated Regulation (EU) 2020/1816, Annex II N/A N/A ESRS 2 SBM-1 Involvement in activities related to cultivation and production of tobacco Chapter 40 (d) iv Delegated Regulation (EU) 2020/1818, Article 12(1) Delegated Regulation (EU) 2020/1816, Annex II N/A N/A ESRS E1-1 Transition plan to reach climate neutrality by 2050 Chapter 14 Regulation (EU) 2021/1119, Article 2(1) 5.2 Development of a business model that facilitates climate change mitigation and adaptation 66 ESRS E1-1 Undertakings excluded from Paris- aligned Benchmarks Chapter 16 (g) Article 449a Regulation (EU) No 575/2013; Commission Implementing Regulation (EU) 2022/2453 Template 1: Banking book-Climate Change transition risk: Credit quality of exposures Delegated Regulation (EU) 2020/1818, Article12.1 (d) to (g), and Article 12.2 Not relevant

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 175 Disclosure Requirement and related datapoint SFDR reference Pillar 3 reference Benchmark Regulation reference EU Climate Law reference Chapter Page by sector, emissions and residual maturity ESRS E1-4 Greenhouse gas emission reduction targets Chapter 34 Indicator number 4 Table #2 of Annex 1 Article 449a Regulation (EU) No 575/2013; Commission Implementing Regulation (EU) 2022/2453 Template 3: Banking book – Climate change transition risk: alignment metrics Delegated Regulation (EU) 2020/1818, Article 6 Not relevant ESRS E1-5 Energy consumption from fossil sources disaggregated by sources (only high climate impact sectors) Chapter 38 Indicator number 5 Table #1 and Indicator n. 5 Table #2 of Annex 1 Not relevant ESRS E1-5 Energy consumption and mix Chapter 37 Indicator number 5 Table #1 of Annex 1 6.1 Energy consumptions 80 ESRS E1-5 Energy intensity associated with activities in high climate impact sectors Chapters 40 to 43 Indicator number 6 Table #1 of Annex 1 Not relevant ESRS E1-6 Gross Scope 1, 2, 3 and Total Greenhouse gas emissions Chapter 44 Indicators number 1 and 2 Table #1 of Annex 1 Article 449a; Regulation (EU) No 575/2013; Commission Implementing Regulation (EU) 2022/2453 Template 1: Banking book – Climate Delegated Regulation (EU) 2020/1818, Article 5(1), 6 and 8(1) 6.2. Greenhouse gas emissions 82

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 176 Disclosure Requirement and related datapoint SFDR reference Pillar 3 reference Benchmark Regulation reference EU Climate Law reference Chapter Page change transition risk: Credit quality of exposures by sector, emissions and residual maturity ESRS E1-6 Gross Greenhouse gas emissions intensity Chapters 53 to 55 Indicators number 3 Table #1 of Annex 1 Article 449a Regulation (EU) No 575/2013; Commission Implementing Regulation (EU) 2022/2453 Template 3: Banking book – Climate change transition risk: alignment metrics Delegated Regulation (EU) 2020/1818, Article 8(1) 6.2. Greenhouse gas emissions 82 ESRS E1-7 Greenhouse gas removals and carbon credits Chapter 56 Regulation (EU) 2021/1119, Article 2(1) N/A N/A ESRS E1-9 Exposure of the benchmark portfolio to climate-related physical risks Chapter 66 Delegated Regulation (EU) 2020/1818, Annex II Delegated Regulation (EU) 2020/1816, Annex II N/A N/A ESRS E1-9 Disaggregation of monetary amounts by acute and chronic physical risk Chapter 66 (a) ESRS E1-9 Location of significant assets at material physical risk Chapter 66 (c). Article 449a Regulation (EU) No 575/2013; Commission Implementing Regulation (EU) 2022/2453 Chapters 46 and 47; Template 5: Banking book - Climate change physical risk: Exposures subject to physical risk. N/A N/A

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 177 Disclosure Requirement and related datapoint SFDR reference Pillar 3 reference Benchmark Regulation reference EU Climate Law reference Chapter Page ESRS E1-9 Breakdown of the carrying value of its real estate assets by energy-efficiency classes Chapter 67 (c). Article 449a Regulation (EU) No 575/2013; Commission Implementing Regulation (EU) 2022/2453 Chapter 34;Template 2:Banking book -Climate change transition risk: Loans collateralised by immovable property - Energy efficiency of the collateral N/A N/A ESRS E1-9 Degree of exposure of the portfolio to climate- related opportunities Chapter 69 Delegated Regulation (EU) 2020/1818, Annex II N/A N/A ESRS E2-4 Amount of each pollutant listed in Annex II of the E-PRTR Regulation (European Pollutant Release and Transfer Register) emitted to air, water and soil, Chapter 28 Indicator number 8 Table #1 of Annex 1 Indicator number 2 Table #2 of Annex 1 Indicator number 1 Table #2 of Annex 1 Indicator number 3 Table #2 of Annex 1 Not material ESRS E3-1 Water and marine resources Chapter 9 Indicator number 7 Table #2 of Annex 1 Not material ESRS E3-1 Dedicated policy Chapter 13 Indicator number 8 Table 2 of Annex 1 Not material

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 178 Disclosure Requirement and related datapoint SFDR reference Pillar 3 reference Benchmark Regulation reference EU Climate Law reference Chapter Page ESRS E3-1 Sustainable oceans and seas Chapter 14 Indicator number 12 Table #2 of Annex 1 Not material ESRS E3-4 Total water recycled and reused Chapter 28 (c) Indicator number 6.2 Table #2 of Annex 1 Not material ESRS E3-4 Total water consumption in m 3 per net revenue on own operations Chapter 29 Indicator number 6.1 Table #2 of Annex 1 Not material ESRS 2- SBM 3 - E4 Chapter 16 (a) i Indicator number 7 Table #1 of Annex 1 Not material ESRS 2- SBM 3 - E4 Chapter 16 (b) Indicator number 10 Table #2 of Annex 1 Not material ESRS 2- SBM 3 - E4 Chapter 16 (c) Indicator number 14 Table #2 of Annex 1 Not material ESRS E4-2 Sustainable land / agriculture practices or policies Chapter 24 (b) Indicator number 11 Table #2 of Annex 1 Not material ESRS E4-2 Sustainable oceans / seas practices or policies Chapter 24 (c) Indicator number 12 Table #2 of Annex 1 Not material ESRS E4-2 Policies to address deforestation Chapter 24 (d) Indicator number 15 Table #2 of Annex 1 Not material

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 179 Disclosure Requirement and related datapoint SFDR reference Pillar 3 reference Benchmark Regulation reference EU Climate Law reference Chapter Page ESRS E5-5 Non-recycled waste Chapter 37 (d) Indicator number 13 Table #2 of Annex 1 Not material ESRS E5-5 Hazardous waste and radioactive waste Chapter 39 Indicator number 9 Table #1 of Annex 1 Not material ESRS 2- SBM3 - S1 Risk of incidents of forced labour Chapter 14 (f) Indicator number 13 Table #3 of Annex I 7.1 Supporting employee well-being 93 ESRS 2- SBM3 - S1 Risk of incidents of child labour Chapter 14 (g) Indicator number 12 Table #3 of Annex I 7.1 Supporting employee well-being 93 ESRS S1-1 Human rights policy commitments Chapter 20 Indicator number 9 Table #3 and Indicator number 11 Table #1 of Annex I 7.2 Diversity and equality 7.3 Retaining our employees 109 115 ESRS S1-1 Due diligence policies on issues addressed by the fundamental International Labor Organisation Conventions 1 to 8, Chapter 21 Delegated Regulation (EU) 2020/1816, Annex II 7.2 Diversity and equality 109 ESRS S1-1 processes and measures for preventing trafficking in human beings Chapter 22 Indicator number 11 Table #3 of Annex I 7.2 Diversity and equality 109 ESRS S1-1 Indicator number 1 Table #3 of Annex I 7.1 Supporting employee well-being 93

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 180 Disclosure Requirement and related datapoint SFDR reference Pillar 3 reference Benchmark Regulation reference EU Climate Law reference Chapter Page workplace accident prevention policy or management system Chapter 23 ESRS S1-3 grievance/complaints handling mechanisms Chapter 32 (c) Indicator number 5 Table #3 of Annex I 7.3 Retaining our employees 115 ESRS S1-14 Number of fatalities and number and rate of work-related accidents Chapter 88 (b) and (c) Indicator number 2 Table #3 of Annex I Delegated Regulation (EU) 2020/1816, Annex II 7.1 Supporting employee well-being 93 ESRS S1-14 Number of days lost to injuries, accidents, fatalities or illness Chapter 88 (e) Indicator number 3 Table #3 of Annex I 7.1 Supporting employee well-being 93 ESRS S1-16 Unadjusted gender pay gap Chapter 97 (a) Indicator number 12 Table #1 of Annex I Delegated Regulation (EU) 2020/1816, Annex II 7.2 Diversity and equality 109 ESRS S1-16 Excessive CEO pay ratio Chapter 97 (b) Indicator number 8 Table #3 of Annex I 7.2 Diversity and equality 109 ESRS S1-17 Incidents of discrimination Chapter 103 (a) Indicator number 7 Table #3 of Annex I 7.3 Retaining our employees 115 ESRS S1-17 Indicator number 10 Table #1 and Indicator n. 14 Table #3 of Annex I Delegated Regulation (EU) 2020/1816, Annex II 7.3 Retaining our employees 115

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 181 Disclosure Requirement and related datapoint SFDR reference Pillar 3 reference Benchmark Regulation reference EU Climate Law reference Chapter Page Non-respect of UNGPs on Business and Human Rights and OECD Guidelines Chapter 104 (a) Delegated Regulation (EU) 2020/1818 Art 12 (1) ESRS 2- SBM3 – S2 Significant risk of child labour or forced labour in the value chain Chapter 11 (b) Indicators number 12 and n. 13 Table #3 of Annex I Not material ESRS S2-1 Human rights policy commitments Chapter 17 Indicator number 9 Table #3 and Indicator n. 11 Table #1 of Annex 1 Not material ESRS S2-1 Policies related to value chain workers Chapter 18 Indicator number 11 and n. 4 Table #3 of Annex 1 Not material ESRS S2-1 Non-respect of UNGPs on Business and Human Rights principles and OECD guidelines Chapter 19 Indicator number 10 Table #1 of Annex 1 Delegated Regulation (EU) 2020/1816, Annex II Delegated Regulation (EU) 2020/1818, Art 12 (1) Not material ESRS S2-1 Due diligence policies on issues addressed by the fundamental International Labor Organisation Conventions 1 to 8, Chapter 19 Delegated Regulation (EU) 2020/1816, Annex II Not material ESRS S2-4 Human rights issues and incidents connected to its upstream and Indicator number 14 Table #3 of Annex 1 Not material

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 182 Disclosure Requirement and related datapoint SFDR reference Pillar 3 reference Benchmark Regulation reference EU Climate Law reference Chapter Page downstream value chain Chapter 36 ESRS S3-1 Human rights policy commitments Chapter 16 Indicator number 9 Table #3 of Annex 1 and Indicator number 11 Table #1 of Annex 1 8.4 Informing affected communities 135 ESRS S3-1 non-respect of UNGPs on Business and Human Rights, ILO principles or OECD guidelines Chapter 17 Indicator number 10 Table #1 Annex 1 Delegated Regulation (EU) 2020/1816, Annex II Delegated Regulation (EU) 2020/1818, Art 12 (1) 8.4 Informing affected communities 135 ESRS S3-4 Human rights issues and incidents Chapter 36 Indicator number 14 Table #3 of Annex 1 8.4 Informing affected communities 135 ESRS S4-1 Policies related to consumers and end-users Chapter 16 Indicator number 9 Table #3 and Indicator number 11 Table #1 of Annex 1 Not material ESRS S4-1 Non-respect of UNGPs on Business and Human Rights and OECD guidelines Chapter 17 Indicator number 10 Table #1 of Annex 1 Delegated Regulation (EU) 2020/1816, Annex II Delegated Regulation (EU) 2020/1818, Art 12 (1) Not material ESRS S4-4 Human rights issues and incidents Chapter 35 Indicator number 14 Table #3 of Annex 1 Not material

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 183 Disclosure Requirement and related datapoint SFDR reference Pillar 3 reference Benchmark Regulation reference EU Climate Law reference Chapter Page ESRS G1-1 United Nations Convention against Corruption Chapter 10 (b) Indicator number 15 Table #3 of Annex 1 10.1 Responsible corporate governance 146 ESRS G1-1 Protection of whistle- blowers Chapter 10 (d) Indicator number 6 Table #3 of Annex 1 N/A N/A ESRS G1-4 Fines for violation of anti- corruption and anti-bribery laws Chapter 24 (a) Indicator number 17 Table #3 of Annex 1 Delegated Regulation (EU) 2020/1816, Annex II) N/A N/A ESRS G1-4 Standards of anti- corruption and anti- bribery Chapter 24 (b) Indicator number 16 Table #3 of Annex 1 N/A N/A

184 Annex 5 Table 3 of GAR: 1. Assets for the calculation of GAR (CAPEX, flow) Million HUF a b c d e f g h i j k l m n Disclosure reference date T Total [gross] carrying amount Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 27 440 - - - - - - - - - - - - - 2 Financial undertakings 401 - - - - - - - - - - - - - 3 Credit institutions 401 - - - - - - - - - - - - - 4 Loans and advances 401 - - - - - - - - - - - - - 5 Debt securities, including UoP - - - - - - - - - - - - - - 6 Equity instruments - - - - - - - - - - - 7 Other financial corporations - - - - - - - - - - - - - - 8 of which investment firms - - - - - - - - - - - - - - 9 Loans and advances - - - - - - - - - - - - - - 10 Debt securities, including UoP - - - - - - - - - - - - - - 11 Equity instruments - - - - - - - - - - - 12 of which management companies - - - - - - - - - - - - - - 13 Loans and advances - - - - - - - - - - - - - - 14 Debt securities, including UoP - - - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 185 Million HUF a b c d e f g h i j k l m n Disclosure reference date T Total [gross] carrying amount Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 15 Equity instruments - - - - - - - - - - - 16 of which insurance undertakings - - - - - - - - - - - - - - 17 Loans and advances - - - - - - - - - - - - - - 18 Debt securities, including UoP - - - - - - - - - - - - - - 19 Equity instruments - - - - - - - - - - - 20 Non-financial undertakings - - - - - - - - - - - - - - 21 Loans and advances - - - - - - - - - - - - - - 22 Debt securities, including UoP - - - - - - - - - - - - - - 23 Equity instruments - - - - - - - - - - - - 24 Households 27 000 - - - - - - - - - - - - - 25 of which loans collateralised by residential immovable property - - - - - - - - - - - - - - 26 of which building renovation loans - - - - - - - - - - - - - - 27 of which motor vehicle loans - - - - - - - - - - - - 28 Local governments financing - - - - - - - - - - - - - - 29 Housing financing - - - - - - - - - - - - - - 30 Other local government financing - - - - - - - - - - - - - - 31 Collateral obtained by taking possession: residential and commercial immovable properties 39 - - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 186 Million HUF a b c d e f g h i j k l m n Disclosure reference date T Total [gross] carrying amount Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 32 Assets excluded from the numerator for GAR calculation (covered in the denominator) 803 396 - - - - - - - - - - - - - 33 Financial and Non-financial undertakings 735 849 34 SMEs and NFCs (other than SMEs) not subject to NFRD/CSRD disclosure obligations 735 849 35 Loans and advances 557 174 36 of which loans collateralised by commercial immovable property 26 121 37 of which building renovation loans - 38 Debt securities 44 819 39 Equity instruments 133 856 40 Non-EU country counterparties not subject to NFRD/CSRD disclosure obligations - 41 Loans and advances - 42 Debt securities - 43 Equity instruments -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 187 Million HUF a b c d e f g h i j k l m n Disclosure reference date T Total [gross] carrying amount Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 44 Derivatives - 45 On demand interbank loans 813 46 Cash and cash-related assets 66 734 47 Other categories of assets (e.g. Goodwill, commodities etc.) - 48 Total GAR assets 830 836 - - - - - - - - - - - - - 49 Assets not covered for GAR calculation 26 290 50 Central governments and Supranational issuers 26 290 51 Central banks exposure - 52 Trading book - 53 Total assets 857 126 - - - - - - - - - - - - - Off-balance sheet exposures - Undertakings subject to NFRD disclosure obligations 54 Financial guarantees 2 400 1613 698 - 16 538 - - - - - - - - 55 Assets under management - - - - - - - - - - - - - - 56 Of which debt securities - - - - - - - - - - - - - - 57 Of which equity instruments - - - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 188 Million HUF o p q r s t u v w x z aa Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation - - - - - - - - - - - - 2 Financial corporations - - - - - - - - - - - - 3 Credit institutions - - - - - - - - - - - - 4 Loans and advances - - - - - - - - - - - - 5 Debt securities, including UoP - - - - - - - - - - - - 6 Equity instruments - - - - - - - - - 7 Other financial corporations - - - - - - - - - - - - 8 of which investment firms - - - - - - - - - - - - 9 Loans and advances - - - - - - - - - - - - 10 Debt securities, including UoP - - - - - - - - - - - - 11 Equity instruments - - - - - - - - - 12 of which management companies - - - - - - - - - - - - 13 Loans and advances - - - - - - - - - - - - 14 Debt securities, including UoP - - - - - - - - - - - - 15 Equity instruments - - - - - - - - - 16 of which insurance undertakings - - - - - - - - - - - - 17 Loans and advances - - - - - - - - - - - - 18 Debt securities, including UoP - - - - - - - - - - - - 19 Equity instruments - - - - - - - - - 20 Non-financial undertakings - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 189 Million HUF o p q r s t u v w x z aa Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 21 Loans and advances - - - - - - - - - - - - 22 Debt securities, including UoP - - - - - - - - - - - - 23 Equity instruments - - - - - - - - - 24 Households - - - - - - - - 7 - - - 25 of which loans collateralised by residential immovable property - - - - - - - - - - - - 26 of which building renovation loans - - - - - - - - - - - - 27 of which motor vehicle loans - - - - - - - - - 28 Local governments financing - - - - - - - - - - - - 29 Housing financing - - - - - - - - - - - - 30 Other local government financing - - - - - - - - - - - - 31 Collateral obtained by taking possession: residential and commercial immovable properties - - - - - - - - - - - - 32 Assets excluded from the numerator for GAR calculation (covered in the denominator) - - - - - - - - - - - - 33 Financial and Non-financial undertakings 34 SMEs and NFCs (other than SMEs) not subject to NFRD/CSRD disclosure obligations 35 Loans and advances 36 of which loans collateralised by commercial immovable property

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 190 Million HUF o p q r s t u v w x z aa Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 37 of which building renovation loans 38 Debt securities 39 Equity instruments 40 Non-EU country counterparties not subject to NFRD/CSRD disclosure obligations 41 Loans and advances 42 Debt securities 43 Equity instruments 44 Derivatives 45 On demand interbank loans 46 Cash and cash-related assets 47 Other categories of assets (e.g. Goodwill, commodities etc.) 48 Total GAR assets - - - - - - - - - - - - 49 Assets not covered for GAR calculation 50 Central governments and Supranational issuers 51 Central banks exposure 52 Trading book 53 Total assets - - - - - - - - - - - - Off-balance sheet exposures - Undertakings subject to NFRD disclosure obligations 54 Financial guarantees 321 - - - - - - - - - - - 55 Assets under management - - - - - - - - - - - - 56 Of which debt securities - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 191 Million HUF o p q r s t u v w x z aa Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 57 Of which equity instruments - - - - - - - - - - - - Million HUF ab ac ad ae af TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation - - - - - 2 Financial corporations - - - - - 3 Credit institutions - - - - - 4 Loans and advances - - - - - 5 Debt securities, including UoP - - - - - 6 Equity instruments - - - - - 7 Other financial corporations - - - - - 8 of which investment firms - - - - - 9 Loans and advances - - - - - 10 Debt securities, including UoP - - - - - 11 Equity instruments - - - - - 12 of which management companies - - - - - 13 Loans and advances - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 192 Million HUF ab ac ad ae af TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling 14 Debt securities, including UoP - - - - - 15 Equity instruments - - - - - 16 of which insurance undertakings - - - - - 17 Loans and advances - - - - - 18 Debt securities, including UoP - - - - - 19 Equity instruments - - - - - 20 Non-financial undertakings - - - - - 21 Loans and advances - - - - - 22 Debt securities, including UoP - - - - - 23 Equity instruments - - - - - 24 Households - - - - - 25 of which loans collateralised by residential immovable property - - - - - 26 of which building renovation loans - - - - - 27 of which motor vehicle loans - - - - - 28 Local governments financing - - - - - 29 Housing financing - - - - - 30 Other local government financing - - - - - 31 Collateral obtained by taking possession: residential and commercial immovable properties - - - - - 32 Assets excluded from the numerator for GAR calculation (covered in the denominator) - - - - - 33 Financial and Non-financial undertakings 34 SMEs and NFCs (other than SMEs) not subject to NFRD/CSRD disclosure obligations 35 Loans and advances 36 of which loans collateralised by commercial immovable property 37 of which building renovation loans

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 193 Million HUF ab ac ad ae af TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling 38 Debt securities 39 Equity instruments 40 Non-EU country counterparties not subject to NFRD/CSRD disclosure obligations 41 Loans and advances 42 Debt securities 43 Equity instruments 44 Derivatives 45 On demand interbank loans 46 Cash and cash-related assets 47 Other categories of assets (e.g. Goodwill, commodities etc.) 48 Total GAR assets - - - - - 49 Assets not covered for GAR calculation 50 Central governments and Supranational issuers 51 Central banks exposure 52 Trading book 53 Total assets - - - - - Off-balance sheet exposures - Undertakings subject to NFRD disclosure obligations 54 Financial guarantees 1 934 698 - 16 538 55 Assets under management - - - - - 56 Of which debt securities - - - - - 57 Of which equity instruments 1 613 - - - - 1. This template shall include information for loans and advances, debt securities and equity instruments in the banking book, towards financial corporates, non-financial corporates (NFC), including SMEs, households (including residential real estate, house renovation loans and motor vehicle loans only) and local governments/municipalities (house financing). 2. The following accounting categories of financial assets should be considered: Financial assets at amortised cost, financial assets at fair value through other comprehensive income, investments in subsidiaries, joint ventures and associates, financial assets designated at fair value through profit or loss and non-trading financial assets mandatorily at fair value through profit or loss, and real estate collaterals obtained by credit institutions by taking possession in exchange in of cancellation of debts.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 194 3. Banks with non-EU subsidiary should provide this information separately for exposures towards non-EU counterparties. For non-EU exposures, while there are additional challenges in terms of absence of common disclosure requirements and methodology, as the EU taxonomy and the NFRD apply only at EU level, given the relevance of these exposures for those credit institutions with non-EU subsidiaries, these institutions should disclose a separate GAR for non-EU exposures, on a best effort basis, in the form of estimates and ranges, using proxies, and explaining the assumptions, caveats and limitations. 4. For motor vehicle loans, institutions shall only include those exposures generated after the date of application of the disclosure. Table 4 of GAR: 1. Assets for the calculation of GAR (Turnover, flow) Million HUF a b c d e f g h i j k l m n Disclosure reference date T Total [gross] carrying amount Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 27 440 - - - - - - - - - - - - - 2 Financial corporations 401 - - - - - - - - - - - - - 3 Credit institutions 401 - - - - - - - - - - - - - 4 Loans and advances 401 - - - - - - - - - - - - - 5 Debt securities, including UoP - - - - - - - - - - - - - - 6 Equity instruments - - - - - - - - - - - 7 Other financial corporations - - - - - - - - - - - - - - 8 of which investment firms - - - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 195 Million HUF a b c d e f g h i j k l m n Disclosure reference date T Total [gross] carrying amount Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 9 Loans and advances - - - - - - - - - - - - - - 10 Debt securities, including UoP - - - - - - - - - - - - - - 11 Equity instruments - - - - - - - - - - - 12 of which management companies - - - - - - - - - - - - - - 13 Loans and advances - - - - - - - - - - - - - - 14 Debt securities, including UoP - - - - - - - - - - - - - - 15 Equity instruments - - - - - - - - - - - 16 of which insurance undertakings - - - - - - - - - - - - - - 17 Loans and advances - - - - - - - - - - - - - - 18 Debt securities, including UoP - - - - - - - - - - - - - - 19 Equity instruments - - - - - - - - - - - 20 Non-financial undertakings - - - - - - - - - - - - - - 21 Loans and advances - - - - - - - - - - - - - - 22 Debt securities, including UoP - - - - - - - - - - - - - - 23 Equity instruments - - - - - - - - - - - 24 Households 27 000 - - - - - - - - - - - - - 25 of which loans collateralised by residential immovable property - - - - - - - - - - - - - - 26 of which building renovation loans - - - - - - - - - - - - - - 27 of which motor vehicle loans - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 196 Million HUF a b c d e f g h i j k l m n Disclosure reference date T Total [gross] carrying amount Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 28 Local governments financing - - - - - - - - - - - - - - 29 Housing financing - - - - - - - - - - - - - - 30 Other local government financing - - - - - - - - - - - - - - 31 Collateral obtained by taking possession: residential and commercial immovable properties 39 - - - - - - - - - - - - - 32 Assets excluded from the numerator for GAR calculation (covered in the denominator) 803 396 - - - - - - - - - - - - - 33 Financial and Non-financial undertakings 735 849 34 SMEs and NFCs (other than SMEs) not subject to NFRD/CSRD disclosure obligations 735 849 35 Loans and advances 557 174 36 of which loans collateralised by commercial immovable property 26 121

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 197 Million HUF a b c d e f g h i j k l m n Disclosure reference date T Total [gross] carrying amount Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 37 of which building renovation loans - 38 Debt securities 44 819 39 Equity instruments 133 856 40 Non-EU country counterparties not subject to NFRD/CSRD disclosure obligations - 41 Loans and advances - 42 Debt securities - 43 Equity instruments - 44 Derivatives - 45 On demand interbank loans 813 46 Cash and cash-related assets 66 734 47 Other categories of assets (e.g. Goodwill, commodities etc.) - 48 Total GAR assets 830 836 - - - - - - - - - - - - - 49 Assets not covered for GAR calculation 26 290 50 Central governments and Supranational issuers 26 290

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 198 Million HUF a b c d e f g h i j k l m n Disclosure reference date T Total [gross] carrying amount Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 51 Central banks exposure - 52 Trading book - 53 Total assets 857 126 - - - - - - - - - - - - - Off-balance sheet exposures - Undertakings subject to NFRD disclosure obligations 54 Financial guarantees 2 400 642 8 - - - - - - - - - - - 55 Assets under management - - - - - - - - - - - - - - 56 Of which debt securities - - - - - - - - - - - - - - 57 Of which equity instruments - - - - - - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 199 Million HUF o p q r s t u v w x z aa Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation - - - - - - - - - - - - 2 Financial corporations - - - - - - - - - - - - 3 Credit institutions - - - - - - - - - - - - 4 Loans and advances - - - - - - - - - - - - 5 Debt securities, including UoP - - - - - - - - - - - - 6 Equity instruments - - - - - - - - - 7 Other financial corporations - - - - - - - - - - - - 8 of which investment firms - - - - - - - - - - - - 9 Loans and advances - - - - - - - - - - - - 10 Debt securities, including UoP - - - - - - - - - - - - 11 Equity instruments - - - - - - - - - 12 of which management companies - - - - - - - - - - - - 13 Loans and advances - - - - - - - - - - - - 14 Debt securities, including UoP - - - - - - - - - - - - 15 Equity instruments - - - - - - - - - 16 of which insurance undertakings - - - - - - - - - - - - 17 Loans and advances - - - - - - - - - - - - 18 Debt securities, including UoP - - - - - - - - - - - - 19 Equity instruments - - - - - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 200 Million HUF o p q r s t u v w x z aa Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 20 Non-financial undertakings - - - - - - - - - - - - 21 Loans and advances - - - - - - - - - - - - 22 Debt securities, including UoP - - - - - - - - - - - - 23 Equity instruments - - - - - - - - - 24 Households - - - - - - - - - - - - 25 of which loans collateralised by residential immovable property - - - - - - - - - - - - 26 of which building renovation loans - - - - - - - - - - - - 27 of which motor vehicle loans - - - - - - - - - 28 Local governments financing - - - - - - - - - - - - 29 Housing financing - - - - - - - - - - - - 30 Other local government financing - - - - - - - - - - - - 31 Collateral obtained by taking possession: residential and commercial immovable properties - - - - - - - - - - - - 32 Assets excluded from the numerator for GAR calculation (covered in the denominator) - - - - - - - - - - - - 33 Financial and Non-financial undertakings 34 SMEs and NFCs (other than SMEs) not subject to

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 201 Million HUF o p q r s t u v w x z aa Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling NFRD/CSRD disclosure obligations 35 Loans and advances 36 of which loans collateralised by commercial immovable property 37 of which building renovation loans 38 Debt securities 39 Equity instruments 40 Non-EU country counterparties not subject to NFRD/CSRD disclosure obligations 41 Loans and advances 42 Debt securities 43 Equity instruments 44 Derivatives 45 On demand interbank loans 46 Cash and cash-related assets 47 Other categories of assets (e.g. Goodwill, commodities etc.) 48 Total GAR assets - - - - - - - - - - - - 49 Assets not covered for GAR calculation

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 202 Million HUF o p q r s t u v w x z aa Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which towards taxonomy relevant sectors (Taxonomy- eligible) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy- aligned) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 50 Central governments and Supranational issuers 51 Central banks exposure 52 Trading book 53 Total assets - - - - - - - - - - - - Off-balance sheet exposures - Undertakings subject to NFRD disclosure obligations 54 Financial guarantees 120 - - - - - - - - - - - 55 Assets under management - - - - - - - - - - - - 56 Of which debt securities - - - - - - - - - - - - 57 Of which equity instruments - - - - - - - - - - - - Million HUF ab ac ad ae af Disclosure reference date T TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling GAR - Covered assets in both numerator and denominator

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 203 Million HUF ab ac ad ae af Disclosure reference date T TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation - - - - - 2 Financial corporations - - - - - 3 Credit institutions - - - - - 4 Loans and advances - - - - - 5 Debt securities, including UoP - - - - - 6 Equity instruments - - - - 7 Other financial corporations - - - - - 8 of which investment firms - - - - - 9 Loans and advances - - - - - 10 Debt securities, including UoP - - - - - 11 Equity instruments - - - - 12 of which management companies - - - - - 13 Loans and advances - - - - - 14 Debt securities, including UoP - - - - 15 Equity instruments - - - 16 of which insurance undertakings - - - - 17 Loans and advances - - - - 18 Debt securities, including UoP - - - - 19 Equity instruments - - - 20 Non-financial undertakings - - - - 21 Loans and advances - - - - 22 Debt securities, including UoP - - - - 23 Equity instruments - - - 24 Households - - - - 25 of which loans collateralised by residential immovable property - - - - 26 of which building renovation loans - - - - 27 of which motor vehicle loans - - - - - 28 Local governments financing - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 204 Million HUF ab ac ad ae af Disclosure reference date T TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling 29 Housing financing - - - - - 30 Other local government financing - - - - - 31 Collateral obtained by taking possession: residential and commercial immovable properties - - - - - 32 Assets excluded from the numerator for GAR calculation (covered in the denominator) - - - - - 33 Financial and Non-financial undertakings 34 SMEs and NFCs (other than SMEs) not subject to NFRD/CSRD disclosure obligations 35 Loans and advances 36 of which loans collateralised by commercial immovable property 37 of which building renovation loans 38 Debt securities 39 Equity instruments 40 Non-EU country counterparties not subject to NFRD/CSRD disclosure obligations 41 Loans and advances 42 Debt securities 43 Equity instruments 44 Derivatives 45 On demand interbank loans 46 Cash and cash-related assets 47 Other categories of assets (e.g. Goodwill, commodities etc.) 48 Total GAR assets - - - - - 49 Assets not covered for GAR calculation 50 Central governments and Supranational issuers 51 Central banks exposure 52 Trading book 53 Total assets - - - - -

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 205 Million HUF ab ac ad ae af Disclosure reference date T TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Of which towards taxonomy relevant sectors (Taxonomy-eligible) Of which environmentally sustainable (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling Off-balance sheet exposures - Undertakings subject to NFRD disclosure obligations Off-balance sheet exposures - Undertakings subject to NFRD disclosure obligations 54 Financial guarantees 763 8 - - - 55 Assets under management - - - - - 56 Of which debt securities - - - - - 57 Of which equity instruments - - - - - 1. This template shall include information for loans and advances, debt securities and equity instruments in the banking book, towards financial corporates, non-financial corporates (NFC), including SMEs, households (including residential real estate, house renovation loans and motor vehicle loans only) and local governments/municipalities (house financing). 2. The following accounting categories of financial assets should be considered: Financial assets at amortised cost, financial assets at fair value through other comprehensive income, investments in subsidiaries, joint ventures and associates, financial assets designated at fair value through profit or loss and non-trading financial assets mandatorily at fair value through profit or loss, and real estate collaterals obtained by credit institutions by taking possession in exchange in of cancellation of debts. 3. Banks with non-EU subsidiary should provide this information separately for exposures towards non-EU counterparties. For non-EU exposures, while there are additional challenges in terms of absence of common disclosure requirements and methodology, as the EU taxonomy and the NFRD apply only at EU level, given the relevance of these exposures for those credit institutions with non-EU subsidiaries, these institutions should disclose a separate GAR for non-EU exposures, on a best effort basis, in the form of estimates and ranges, using proxies, and explaining the assumptions, caveats and limitations. 4. For motor vehicle loans, institutions shall only include those exposures generated after the date of application of the disclosure.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 206 Table 5 of GAR: 2. GAR sector information – CAPEX based data GAR sector information – CAPEX 1 2 3 Breakdown by sector - NACE 4 digits level (code and label) 1920 - Manufacture of refined petroleum products 4941 - Freight transport by road 6201 - Computer programming activities a Climate Change Mitigation (CCM) Non-Financial corporates (Subject to NFRD) Total [gross] carrying amount Million HUF 1 614 46 696 219 270 b Of which environmentally sustainable (CCM) 698 - - c SMEs and other NFC not subject to NFRD Total [gross] carrying amount Million HUF d Of which environmentally sustainable (CCM) e Climate Change Adaptation (CCA) Non-Financial corporates (Subject to NFRD) Total [gross] carrying amount Million HUF - - - f Of which environmentally sustainable (CCA) - - - g SMEs and other NFC not subject to NFRD Total [gross] carrying amount Million HUF h Of which environmentally sustainable (CCA) i Water and marine resources (WTR) Non-Financial corporates (Subject to NFRD) Total [gross] carrying amount Million HUF - - - j Of which environmentally sustainable (WTR) - - - k SMEs and other NFC not subject to NFRD Total [gross] carrying amount Million HUF l Of which environmentally sustainable (WTR) m Circular economy (CE) Non-Financial corporates (Subject to NFRD) Total [gross] carrying amount Million HUF 321 - - n Of which environmentally sustainable (CE) - - - o Million HUF

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 207 GAR sector information – CAPEX 1 2 3 Breakdown by sector - NACE 4 digits level (code and label) 1920 - Manufacture of refined petroleum products 4941 - Freight transport by road 6201 - Computer programming activities p SMEs and other NFC not subject to NFRD Total [gross] carrying amount Of which environmentally sustainable (CE) q Pollution (PPC) Non-Financial corporates (Subject to NFRD) Total [gross] carrying amount Million HUF - - - r Of which environmentally sustainable (PPC) - - - s SMEs and other NFC not subject to NFRD Total [gross] carrying amount Million HUF t Of which environmentally sustainable (PPC) u Biodiversity and Ecosystems (BIO) Non-Financial corporates (Subject to NFRD) Total [gross] carrying amount Million HUF - - - v Of which environmentally sustainable (BIO) - - - w SMEs and other NFC not subject to NFRD Total [gross] carrying amount Million HUF x Of which environmentally sustainable (BIO) y TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Non-Financial corporates (Subject to NFRD) Total [gross] carrying amount Million HUF 1 935 46 696 219 270 z Of which environmentally sustainable (CCM + CCA + WTR + CE + PPC + BIO) 698 - - aa SMEs and other NFC not subject to NFRD Total [gross] carrying amount Million HUF ab Of which environmentally sustainable (CCM + CCA + WTR + CE + PPC + BIO)

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 208 1. Credit institutions shall disclose in this template information on exposures in the banking book towards those sectors covered by the Taxonomy (NACE sectors 4 levels of detail), using the relevant NACE Codes on the basis of the principal activity of the counterparty 2. The counterparty NACE sector allocation shall be based exclusively on the nature of the immediate counterparty. The classification of the exposures incurred jointly by more than one obligor shall be done on the basis of the characteristics of the obligor that was the more relevant, or determinant, for the institution to grant the exposure. The distribution of jointly incurred exposures by NACE codes shall be driven by the characteristics of the more relevant or determinant obligor. Institutions shall disclose information by NACE codes with the level of disaggregation required in the template.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 209 Table 6 of GAR: 2. GAR sector information – Turnover based data GAR sector information (Turnover) 1 2 3 Breakdown by sector - NACE 4 digits level (code and label) 1920 - Manufacture of refined petroleum products 4941 - Freight transport by road 6201 - Computer programming activities a Climate Change Mitigation (CCM) Non-Financial corporates (Subject to NFRD) Total [gross] carrying amount Million HUF 642 46 696 219 270 b Of which environmentally sustainable (CCM) 8 - - c SMEs and other NFC not subject to NFRD Total [gross] carrying amount Million HUF d Of which environmentally sustainable (CCM) e Climate Change Adaptation (CCA) Non-Financial corporates (Subject to NFRD) Total [gross] carrying amount Million HUF - - - f Of which environmentally sustainable (CCA) - - - g SMEs and other NFC not subject to NFRD Total [gross] carrying amount Million HUF h Of which environmentally sustainable (CCA) i Water and marine resources (WTR) Non-Financial corporates (Subject to NFRD) Total [gross] carrying amount Million HUF - - - j Of which environmentally sustainable (WTR) - - - k SMEs and other NFC not subject to NFRD Total [gross] carrying amount Million HUF l Of which environmentally sustainable (WTR) m Circular economy (CE) Non-Financial corporates (Subject to NFRD) Total [gross] carrying amount Million HUF 120 - - n Of which environmentally sustainable (CE) - - - o SMEs and other NFC not subject to NFRD Total [gross] carrying amount Million HUF p Of which environmentally sustainable (CE) q Pollution (PPC) Non-Financial corporates (Subject to NFRD) Total [gross] carrying amount Million HUF - - - r Of which environmentally sustainable (PPC) - - - s Million HUF

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 210 GAR sector information (Turnover) 1 2 3 Breakdown by sector - NACE 4 digits level (code and label) 1920 - Manufacture of refined petroleum products 4941 - Freight transport by road 6201 - Computer programming activities t SMEs and other NFC not subject to NFRD Total [gross] carrying amount Of which environmentally sustainable (PPC) u Biodiversity and Ecosystems (BIO) Non-Financial corporates (Subject to NFRD) Total [gross] carrying amount Million HUF - - - v Of which environmentally sustainable (BIO) - - - w SMEs and other NFC not subject to NFRD Total [gross] carrying amount Million HUF x Of which environmentally sustainable (BIO) y TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Non-Financial corporates (Subject to NFRD) Total [gross] carrying amount Million HUF 763 46 696 219 270 z Of which environmentally sustainable (CCM + CCA + WTR + CE + PPC + BIO) 8 - - aa SMEs and other NFC not subject to NFRD Total [gross] carrying amount Million HUF ab Of which environmentally sustainable (CCM + CCA + WTR + CE + PPC + BIO) 1. Credit institutions shall disclose in this template information on exposures in the banking book towards those sectors covered by the Taxonomy (NACE sectors 4 levels of detail), using the relevant NACE Codes on the basis of the principal activity of the counterparty 2. The counterparty NACE sector allocation shall be based exclusively on the nature of the immediate counterparty. The classification of the exposures incurred jointly by more than one obligor shall be done on the basis of the characteristics of the obligor that was the more relevant, or determinant, for the institution to grant the exposure. The distribution of jointly incurred exposures by NACE codes shall be driven by the characteristics of the more relevant or determinant obligor. Institutions shall disclose information by NACE codes with the level of disaggregation required in the template.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 211 Table 7 of GAR: 3. GAR KPI Stock - CAPEX based data % (compared to total covered assets in the denominator) a b c d e f g h i j k l m Disclosure reference date T Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 7,55% 0,02% 0,00% 0,02% 0,00% 0,54% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 2 Financial corporations 0,01% 0,00% 0,00% 0,00% 0,00% 0,46% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 3 Credit institutions 0,01% 0,00% 0,00% 0,00% 0,00% 0,46% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 4 Loans and advances 0,01% 0,00% 0,00% 0,00% 0,00% 0,46% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 5 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 6 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 7 Other financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 8 of which investment firms 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 9 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 10 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 11 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 12 of which management companies 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 13 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 14 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 15 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 212 % (compared to total covered assets in the denominator) a b c d e f g h i j k l m Disclosure reference date T Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 16 of which insurance undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 17 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 18 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 19 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 20 Non-financial undertakings 7,52% 0,02% 0,02% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 21 Loans and advances 0,05% 0,02% 0,00% 0,02% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 22 Debt securities, including UoP 7,48% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 23 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 24 Households 0,02% 0,00% 0,00% 0,00% 0,00% 0,06% 0,00% 0,00% 0,00% 25 of which loans collateralised by residential immovable property 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 26 of which building renovation loans 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 27 of which motor vehicle loans 0,00% 0,00% 0,00% 0,00% 0,00% 28 Local governments financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,01% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 29 Housing financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 30 Other local government financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,01% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 31 Collateral obtained by taking possession: residential and commercial immovable properties 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 213 % (compared to total covered assets in the denominator) a b c d e f g h i j k l m Disclosure reference date T Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 32 Total GAR assets 7,55% 0,02% 0,00% 0,02% 0,00% 0,54% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% % (compared to total covered assets in the denominator) n o p q r s t u v w x z Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 0,07% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 2 Financial corporations 0,05% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 3 Credit institutions 0,05% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 4 Loans and advances 0,05% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 5 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 214 % (compared to total covered assets in the denominator) n o p q r s t u v w x z Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 6 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 7 Other financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 8 of which investment firms 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 9 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 10 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 11 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 12 of which management companies 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 13 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 14 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 15 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 16 of which insurance undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 17 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 18 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 19 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 20 Non-financial undertakings 0,01% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 21 Loans and advances 0,01% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 22 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 23 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 24 Households 0,01% 0,00% 0,00% 0,00% 25 of which loans collateralised by residential immovable property 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 215 % (compared to total covered assets in the denominator) n o p q r s t u v w x z Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 26 of which building renovation loans 0,00% 0,00% 0,00% 0,00% 27 of which motor vehicle loans 28 Local governments financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 29 Housing financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 30 Other local government financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 31 Collateral obtained by taking possession: residential and commercial immovable properties 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 32 Total GAR assets 0,07% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,35% 0,00% 0,00% 0,00% % (compared to total covered assets in the denominator) aa ab ac ad ae af Disclosure reference date T TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total assets covered Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 8,16% 0,02% 0,00% 0,02% 0,00% 12,35%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 216 % (compared to total covered assets in the denominator) aa ab ac ad ae af Disclosure reference date T TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total assets covered Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling 2 Financial corporations 0,53% 0,00% 0,00% 0,00% 0,00% 1,98% 3 Credit institutions 0,53% 0,00% 0,00% 0,00% 0,00% 1,98% 4 Loans and advances 0,53% 0,00% 0,00% 0,00% 0,00% 1,71% 5 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,27% 6 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 7 Other financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 8 of which investment firms 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 9 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 10 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 11 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 12 of which management companies 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 13 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 14 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 15 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 16 of which insurance undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 17 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 18 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 19 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 20 Non-financial undertakings 7,53% 0,02% 0,00% 0,02% 0,00% 7,70% 21 Loans and advances 0,05% 0,02% 0,00% 0,02% 0,00% 0,23% 22 Debt securities, including UoP 7,48% 0,00% 0,00% 0,00% 0,00% 7,48% 23 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 24 Households 0,09% 0,00% 0,00% 0,00% 0,00% 2,65% 25 of which loans collateralised by residential immovable property 0,00% 0,00% 0,00% 0,00% 0,00% 0,02% 26 of which building renovation loans 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 27 of which motor vehicle loans 28 Local governments financing 0,01% 0,00% 0,00% 0,00% 0,00% 0,01% 29 Housing financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 217 % (compared to total covered assets in the denominator) aa ab ac ad ae af Disclosure reference date T TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total assets covered Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling 30 Other local government financing 0,01% 0,00% 0,00% 0,00% 0,00% 0,01% 31 Collateral obtained by taking possession: residential and commercial immovable properties 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 32 Total GAR assets 8,16% 0,02% 0,00% 0,02% 0,00% 100,00% 1. Institution shall disclose in this template the GAR KPIs on stock of loans calculated based on the data disclosed in template 1, on covered assets, and by applying the formulas proposed in this template. 2. Information on the GAR (green asset ratio of ‘eligible’ activities) shall be accompanied with information on the proportio n of total assets covered by the GAR 3. Credit institutions can, in addition to the information included in this template, show the proportion of assets funding taxonomy relevant sectors that are environmentally sustainable (Taxonomy-aligned). This information would enrich the information on the KPI on environmentally sustainable assets compared to total covered assets 4. Credit institutions shall duplicate this template for revenue based and CapEx based disclosures

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 218 Table 8 of GAR: 3. GAR KPI Stock – Turnover based data % (compared to total covered assets in the denominator) a b c d e f g h i j k l m Disclosure reference date T Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 7,52% 0,00% 0,00% 0,00% 0,00% 0,54% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 2 Financial corporations 0,01% 0,00% 0,00% 0,00% 0,00% 0,46% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 3 Credit institutions 0,01% 0,00% 0,00% 0,00% 0,00% 0,46% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 4 Loans and advances 0,01% 0,00% 0,00% 0,00% 0,00% 0,46% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 5 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 6 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 7 Other financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 8 of which investment firms 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 9 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 10 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 11 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 12 of which management companies 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 13 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 14 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 15 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 16 of which insurance undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 219 % (compared to total covered assets in the denominator) a b c d e f g h i j k l m Disclosure reference date T Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 17 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 18 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 19 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 20 Non-financial undertakings 7,49% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 21 Loans and advances 0,02% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 22 Debt securities, including UoP 7,48% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 23 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 24 Households 0,02% 0,00% 0,00% 0,00% 0,00% 0,06% 0,00% 0,00% 0,00% 25 of which loans collateralised by residential immovable property 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 26 of which building renovation loans 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 27 of which motor vehicle loans 0,00% 0,00% 0,00% 0,00% 0,00% 28 Local governments financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,01% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 29 Housing financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 30 Other local government financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,01% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 31 Collateral obtained by taking possession: residential and commercial immovable properties 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 32 Total GAR assets 7,52% 0,00% 0,00% 0,00% 0,00% 0,89% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 220 % (compared to total covered assets in the denominator) n o p q r s t u v w x z Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 0,06% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 2 Financial corporations 0,05% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 3 Credit institutions 0,05% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 4 Loans and advances 0,05% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 5 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 6 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 7 Other financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 8 of which investment firms 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 9 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 10 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 11 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 12 of which management companies 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 13 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 14 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 15 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 16 of which insurance undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 17 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 18 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 19 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 221 % (compared to total covered assets in the denominator) n o p q r s t u v w x z Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 20 Non-financial undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 21 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 22 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 23 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 24 Households 0,01% 0,00% 0,00% 0,00% 25 of which loans collateralised by residential immovable property 0,00% 0,00% 0,00% 0,00% 26 of which building renovation loans 0,00% 0,00% 0,00% 0,00% 27 of which motor vehicle loans 28 Local governments financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 29 Housing financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 30 Other local government financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 31 Collateral obtained by taking possession: residential and commercial immovable properties 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 32 Total GAR assets 0,06% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,35% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 222 % (compared to total covered assets in the denominator) aa ab ac ad ae af Disclosure reference date T TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total assets covered Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 8,13% 0,00% 0,00% 0,00% 0,00% 12,35% 2 Financial corporations 0,53% 0,00% 0,00% 0,00% 0,00% 1,98% 3 Credit institutions 0,53% 0,00% 0,00% 0,00% 0,00% 1,98% 4 Loans and advances 0,53% 0,00% 0,00% 0,00% 0,00% 1,71% 5 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,27% 6 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 7 Other financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 8 of which investment firms 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 9 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 10 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 11 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 12 of which management companies 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 13 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 14 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 15 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 16 of which insurance undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 17 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 18 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 19 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 20 Non-financial undertakings 7,50% 0,00% 0,00% 0,00% 0,00% 7,70% 21 Loans and advances 0,02% 0,00% 0,00% 0,00% 0,00% 0,23% 22 Debt securities, including UoP 7,48% 0,00% 0,00% 0,00% 0,00% 7,48% 23 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 24 Households 0,09% 0,00% 0,00% 0,00% 0,00% 2,65%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 223 % (compared to total covered assets in the denominator) aa ab ac ad ae af Disclosure reference date T TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total assets covered Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling 25 of which loans collateralised by residential immovable property 0,00% 0,00% 0,00% 0,00% 0,00% 0,02% 26 of which building renovation loans 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 27 of which motor vehicle loans 28 Local governments financing 0,01% 0,00% 0,00% 0,00% 0,00% 0,01% 29 Housing financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 30 Other local government financing 0,01% 0,00% 0,00% 0,00% 0,00% 0,01% 31 Collateral obtained by taking possession: residential and commercial immovable properties 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 32 Total GAR assets 8,13% 0,00% 0,00% 0,00% 0,00% 100,00% 1. Institution shall disclose in this template the GAR KPIs on stock of loans calculated based on the data disclosed in template 1, on covered assets, and by applying the formulas proposed in this template. 2. Information on the GAR (green asset ratio of ‘eligible’ activities) shall be accompanied with information on the proportio n of total assets covered by the GAR 3. Credit institutions can, in addition to the information included in this template, show the proportion of assets funding taxonomy relevant sectors that are environmentally sustainable (Taxonomy-aligned). This information would enrich the information on the KPI on environmentally sustainable assets compared to total covered assets 4. Credit institutions shall duplicate this template for revenue based and CapEx based disclosures

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 224 Table 9 of GAR: 4. GAR KPI (flow, CAPEX) % (compared to total covered assets in the denominator) a b c d e f g h i j k l m Disclosure reference date T Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 2 Financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 3 Credit institutions 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 4 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 5 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 6 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 7 Other financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 8 of which investment firms 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 9 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 10 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 11 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 12 of which management companies 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 13 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 225 % (compared to total covered assets in the denominator) a b c d e f g h i j k l m Disclosure reference date T Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 14 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 15 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 16 of which insurance undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 17 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 18 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 19 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 20 Non-financial undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 21 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 22 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 23 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 24 Households 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 25 of which loans collateralised by residential immovable property 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 26 of which building renovation loans 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 27 of which motor vehicle loans 0,00% 0,00% 0,00% 0,00% 0,00% 28 Local governments financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 29 Housing financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 226 % (compared to total covered assets in the denominator) a b c d e f g h i j k l m Disclosure reference date T Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 30 Other local government financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 31 Collateral obtained by taking possession: residential and commercial immovable properties 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 32 Total GAR assets 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% % (compared to total covered assets in the denominator) n o p q r s t u v w x z Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 227 % (compared to total covered assets in the denominator) n o p q r s t u v w x z Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 2 Financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 3 Credit institutions 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 4 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 5 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 6 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 7 Other financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 8 of which investment firms 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 9 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 10 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 11 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 12 of which management companies 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 13 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 14 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 15 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 16 of which insurance undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 228 % (compared to total covered assets in the denominator) n o p q r s t u v w x z Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 17 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 18 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 19 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 20 Non-financial undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 21 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 22 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 23 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 24 Households 0,00% 0,00% 0,00% 0,00% 25 of which loans collateralised by residential immovable property 0,00% 0,00% 0,00% 0,00% 26 of which building renovation loans 0,00% 0,00% 0,00% 0,00% 27 of which motor vehicle loans 28 Local governments financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 29 Housing financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 30 Other local government financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 31 Collateral obtained by taking possession: 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 229 % (compared to total covered assets in the denominator) n o p q r s t u v w x z Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling residential and commercial immovable properties 32 Total GAR assets 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 1,51% 0,00% 0,00% 0,00% % (compared to total covered assets in the denominator) aa ab ac ad ae af Disclosure reference date T TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total assets covered Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 0,00% 0,00% 0,00% 0,00% 0,00% 3,33% 2 Financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,05% 3 Credit institutions 0,00% 0,00% 0,00% 0,00% 0,00% 0,05% 4 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,05% 5 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 6 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 7 Other financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 8 of which investment firms 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 9 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 230 % (compared to total covered assets in the denominator) aa ab ac ad ae af Disclosure reference date T TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total assets covered Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling 10 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 11 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 12 of which management companies 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 13 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 14 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 15 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 16 of which insurance undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 17 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 18 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 19 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 20 Non-financial undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 21 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 22 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 23 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 24 Households 0,00% 0,00% 0,00% 0,00% 0,00% 3,28% 25 of which loans collateralised by residential immovable property 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 26 of which building renovation loans 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 27 of which motor vehicle loans 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 28 Local governments financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 29 Housing financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 30 Other local government financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 31 Collateral obtained by taking possession: residential and commercial immovable properties 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 32 Total GAR assets 0,00% 0,00% 0,00% 0,00% 0,00% 100,00% 1. Institution shall disclose in this template the GAR KPIs on flow of loans calculated (new loans on a net basis) based on the data disclosed in template 1, on covered assets, and by applying the formulas proposed in this template 2. Credit institutions shall duplicate this template for revenue based and CapEx based disclosures.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 231 Table 10 of GAR: 4. GAR KPI (flow, Turnover) % (compared to total covered assets in the denominator) a b c d e f g h i j k l m Disclosure reference date T Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 2 Financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 3 Credit institutions 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 4 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 5 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 6 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 7 Other financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 8 of which investment firms 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 9 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 10 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 11 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 232 % (compared to total covered assets in the denominator) a b c d e f g h i j k l m Disclosure reference date T Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 12 of which management companies 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 13 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 14 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 15 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 16 of which insurance undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 17 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 18 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 19 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 20 Non-financial undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 21 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 22 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 23 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 24 Households 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 25 of which loans collateralised by residential immovable property 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 26 of which building renovation loans 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 233 % (compared to total covered assets in the denominator) a b c d e f g h i j k l m Disclosure reference date T Climate Change Mitigation (CCM) Climate Change Adaptation (CCA) Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 27 of which motor vehicle loans 0,00% 0,00% 0,00% 0,00% 0,00% 28 Local governments financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 29 Housing financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 30 Other local government financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 31 Collateral obtained by taking possession: residential and commercial immovable properties 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 32 Total GAR assets 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 234 % (compared to total covered assets in the denominator) n o p q r s t u v w x z Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 2 Financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 3 Credit institutions 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 4 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 5 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 6 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 7 Other financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 8 of which investment firms 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 9 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 10 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 11 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 12 of which management companies 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 13 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 14 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 235 % (compared to total covered assets in the denominator) n o p q r s t u v w x z Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 15 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 16 of which insurance undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 17 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 18 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 19 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 20 Non-financial undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 21 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 22 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 23 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 24 Households 0,00% 0,00% 0,00% 0,00% 25 of which loans collateralised by residential immovable property 0,00% 0,00% 0,00% 0,00% 26 of which building renovation loans 0,00% 0,00% 0,00% 0,00% 27 of which motor vehicle loans 28 Local governments financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 29 Housing financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 236 % (compared to total covered assets in the denominator) n o p q r s t u v w x z Disclosure reference date T Circular economy (CE) Pollution (PPC) Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling Of which Use of Proceeds Of which enabling 30 Other local government financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 31 Collateral obtained by taking possession: residential and commercial immovable properties 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 32 Total GAR assets 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 1,51% 0,00% 0,00% 0,00% % (compared to total covered assets in the denominator) aa ab ac ad ae af Disclosure reference date T TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total assets covered Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling GAR - Covered assets in both numerator and denominator 1 Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation 0,00% 0,00% 0,00% 0,00% 0,00% 3,33% 2 Financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,05% 3 Credit institutions 0,00% 0,00% 0,00% 0,00% 0,00% 0,05% 4 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,05% 5 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 237 % (compared to total covered assets in the denominator) aa ab ac ad ae af Disclosure reference date T TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total assets covered Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling 6 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 7 Other financial corporations 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 8 of which investment firms 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 9 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 10 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 11 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 12 of which management companies 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 13 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 14 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 15 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 16 of which insurance undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 17 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 18 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 19 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 20 Non-financial undertakings 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 21 Loans and advances 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 22 Debt securities, including UoP 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 23 Equity instruments 0,00% 0,00% 0,00% 0,00% 0,00% 24 Households 0,00% 0,00% 0,00% 0,00% 0,00% 3,28% 25 of which loans collateralised by residential immovable property 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 26 of which building renovation loans 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 27 of which motor vehicle loans 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 28 Local governments financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 29 Housing financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 30 Other local government financing 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 31 Collateral obtained by taking possession: residential and commercial immovable properties 0,00% 0,00% 0,00% 0,00% 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 238 % (compared to total covered assets in the denominator) aa ab ac ad ae af Disclosure reference date T TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-eligible) Proportion of total assets covered Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy-aligned) Of which Use of Proceeds Of which transitional Of which enabling 32 Total GAR assets 0,00% 0,00% 0,00% 0,00% 0,00% 100,00% 1. Institution shall disclose in this template the GAR KPIs on flow of loans calculated (new loans on a net basis) based on the data disclosed in template 1, on covered assets, and by applying the formulas proposed in this template. 2. Credit institutions shall duplicate this template for revenue based and CapEx based disclosures.

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 239 Table 11 of GAR: 5. KPI off-balance sheet exposures (flow, CAPEX) % (compared to total eligible off-balance sheet assets) 1 2 Financial guarantees (FinGuar KPI) Assets under management (AuM KPI) a Disclosure reference date T Climate Change Mitigation (CCM) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 67,22% 0,00% b Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 29,10% 0,00% c Of which Use of Proceeds 0,00% 0,00% d Of which transitional 0,67% 0,00% e Of which enabling 22,41% 0,00% f Climate Change Adaptation (CCA) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% g Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% h Of which Use of Proceeds 0,00% 0,00% i Of which enabling 0,00% 0,00% j Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% k Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% l Of which Use of Proceeds 0,00% 0,00% m Of which enabling 0,00% 0,00% n Circular economy (CE) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 13,38% 0,00% o Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% p Of which Use of Proceeds 0,00% 0,00% q Of which enabling 0,00% 0,00% r Pollution (PPC) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% s Proportion of total covered assets funding taxonomy 0,00% 0,00% t Of which Use of Proceeds 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 240 % (compared to total eligible off-balance sheet assets) 1 2 Financial guarantees (FinGuar KPI) Assets under management (AuM KPI) u relevant sectors (Taxonomy- eligible) Of which enabling 0,00% 0,00% v Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% w Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% x Of which Use of Proceeds 0,00% 0,00% z Of which enabling 0,00% 0,00% aa TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 80,60% 0,00% ab Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 29,10% 0,00% ac Of which Use of Proceeds 0,00% 0,00% ad Of which transitional 0,67% 0,00% ae Of which enabling 22,41% 0,00% 1. Institution shall disclose in this template the KPIs for off-balance sheet exposures (financial guarantees and AuM) calculated based on the data disclosed in template 1, on covered assets, and by applying the formulas proposed in this template 2. Institutions shall duplicate this template to disclose stock and flow KPIs for off-balance sheet exposures

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 241 Table 12 of GAR: 5. KPI off-balance sheet exposures (flow, Turnover) % (compared to total eligible off-balance sheet assets) 1 2 Financial guarantees (FinGuar KPI) Assets under management (AuM KPI) a Disclosure reference date T Climate Change Mitigation (CCM) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 26,76% 0,00% b Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,33% 0,00% c Of which Use of Proceeds 0,00% 0,00% d Of which transitional 0,00% 0,00% e Of which enabling 0,00% 0,00% f Climate Change Adaptation (CCA) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% g Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% h Of which Use of Proceeds 0,00% 0,00% i Of which enabling 0,00% 0,00% j Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% k Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% l Of which Use of Proceeds 0,00% 0,00% m Of which enabling 0,00% 0,00% n Circular economy (CE) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 5,02% 0,00% o Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% p Of which Use of Proceeds 0,00% 0,00% q Of which enabling 0,00% 0,00% r Pollution (PPC) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% s Proportion of total covered assets funding taxonomy 0,00% 0,00% t Of which Use of Proceeds 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 242 % (compared to total eligible off-balance sheet assets) 1 2 Financial guarantees (FinGuar KPI) Assets under management (AuM KPI) u relevant sectors (Taxonomy- eligible) Of which enabling 0,00% 0,00% v Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% w Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% x Of which Use of Proceeds 0,00% 0,00% z Of which enabling 0,00% 0,00% aa TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 31,77% 0,00% ab Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,33% 0,00% ac Of which Use of Proceeds 0,00% 0,00% ad Of which transitional 0,00% 0,00% ae Of which enabling 0,00% 0,00% 1. Institution shall disclose in this template the KPIs for off-balance sheet exposures (financial guarantees and AuM) calculated based on the data disclosed in template 1, on covered assets, and by applying the formulas proposed in this template 2. Institutions shall duplicate this template to disclose stock and flow KPIs for off-balance sheet exposures

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 243 Table 13 of GAR: 5. KPI off-balance sheet exposures (stock, CAPEX) % (compared to total eligible off-balance sheet assets) 1 2 Financial guarantees (FinGuar KPI) Assets under management (AuM KPI) a Disclosure reference date T Climate Change Mitigation (CCM) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 42,93% 0,00% b Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 6,21% 0,00% c Of which Use of Proceeds 0,00% 0,00% d Of which transitional 4,79% 0,00% e Of which enabling 0,14% 0,00% f Climate Change Adaptation (CCA) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% g Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% h Of which Use of Proceeds 0,00% 0,00% i Of which enabling 0,00% 0,00% j Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% k Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% l Of which Use of Proceeds 0,00% 0,00% m Of which enabling 0,00% 0,00% n Circular economy (CE) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 2,86% 0,00% o Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% p Of which Use of Proceeds 0,00% 0,00% q Of which enabling 0,00% 0,00% r Pollution (PPC) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% s Proportion of total covered assets funding taxonomy 0,00% 0,00% t Of which Use of Proceeds 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 244 % (compared to total eligible off-balance sheet assets) 1 2 Financial guarantees (FinGuar KPI) Assets under management (AuM KPI) u relevant sectors (Taxonomy- eligible) Of which enabling 0,00% 0,00% v Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% w Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% x Of which Use of Proceeds 0,00% 0,00% z Of which enabling 0,00% 0,00% aa TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 45,79% 0,00% ab Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 6,21% 0,00% ac Of which Use of Proceeds 0,00% 0,00% ad Of which transitional 4,79% 0,00% ae Of which enabling 0,14% 0,00% 1. Institution shall disclose in this template the KPIs for off-balance sheet exposures (financial guarantees and AuM) calculated based on the data disclosed in template 1, on covered assets, and by applying the formulas proposed in this template 2. Institutions shall duplicate this template to disclose stock and flow KPIs for off-balance sheet exposures

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 245 Table 14 of GAR: 5. KPI off-balance sheet exposures (stock, Turnover) % (compared to total eligible off-balance sheet assets) 1 2 Financial guarantees (FinGuar KPI) Assets under management (AuM KPI) a Disclosure reference date T Climate Change Mitigation (CCM) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 34,29% 0,00% b Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,07% 0,00% c Of which Use of Proceeds 0,00% 0,00% d Of which transitional 0,00% 0,00% e Of which enabling 0,00% 0,00% f Climate Change Adaptation (CCA) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% g Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% h Of which Use of Proceeds 0,00% 0,00% i Of which enabling 0,00% 0,00% j Water and marine resources (WTR) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% k Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% l Of which Use of Proceeds 0,00% 0,00% m Of which enabling 0,00% 0,00% n Circular economy (CE) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 1,07% 0,00% o Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% p Of which Use of Proceeds 0,00% 0,00% q Of which enabling 0,00% 0,00% r Pollution (PPC) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% s Proportion of total covered assets funding taxonomy 0,00% 0,00% t Of which Use of Proceeds 0,00% 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 246 % (compared to total eligible off-balance sheet assets) 1 2 Financial guarantees (FinGuar KPI) Assets under management (AuM KPI) u relevant sectors (Taxonomy- eligible) Of which enabling 0,00% 0,00% v Biodiversity and Ecosystems (BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% w Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,00% 0,00% x Of which Use of Proceeds 0,00% 0,00% z Of which enabling 0,00% 0,00% aa TOTAL (CCM + CCA + WTR + CE + PPC + BIO) Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 35,36% 0,00% ab Proportion of total covered assets funding taxonomy relevant sectors (Taxonomy- eligible) 0,07% 0,00% ac Of which Use of Proceeds 0,00% 0,00% ad Of which transitional 0,00% 0,00% ae Of which enabling 0,00% 0,00% 1. Institution shall disclose in this template the KPIs for off-balance sheet exposures (financial guarantees and AuM) calculated based on the data disclosed in template 1, on covered assets, and by applying the formulas proposed in this template 2. Institutions shall duplicate this template to disclose stock and flow KPIs for off-balance sheet exposures

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 247 Table 15 of GAR: Nuclear and fossil gas related activities Line Nuclear energy related activities NACE TEAOR 1. The undertaking carries out, funds or has exposures to research, development, demonstration and deployment of innovative electricity generation facilities that produce energy from nuclear processes with minimal waste from the fuel cycle. YES M72. and M72.1. 72,721,722,7220, 7210,7211,7219 2. The undertaking carries out, funds or has exposures to construction and safe operation of new nuclear installations to produce electricity or process heat, including for the purposes of district heating or industrial processes such as hydrogen production, as well as their safety upgrades, using best available technologies. YES D35.11. and F42.22. 4222 3. The undertaking carries out, funds or has exposures to safe operation of existing nuclear installations that produce electricity or process heat, including for the purposes of district heating or industrial processes such as hydrogen production from nuclear energy, as well as their safety upgrades. NO D35.11. and F42.22. Fossil gas related activities 4. The undertaking carries out, funds or has exposures to construction or operation of electricity generation facilities that produce electricity using fossil gaseous fuels. NO D35.11. and F42.22. 5. The undertaking carries out, funds or has exposures to construction, refurbishment, and operation of combined heat/cool and power generation facilities using fossil gaseous fuels. YES D35.11. and D35.30. 3511 6. The undertaking carries out, funds or has exposures to construction, refurbishment and operation of heat generation facilities that produce heat/ cool using fossil gaseous fuels YES D35.30. 3530

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 248 Taxonomy-eligible but not taxonomy-aligned economic activities - CAPEX Line Economic Activities Ratio (the information should be provided in monetary amount and percentage) CCM + CCA Climate change mitigation (CCM) Climate change adaptation (CCA) Amount % Amount % Amount % 1. Amount and proportion of Taxonomy eligible but not taxonomy-aligned economic activity referred to in Section 4.26 of Annexes I and II to Delegated Regulation 2021/2139 in the Denominator of the applicable KPI 164 987 534,00 0,00% 164 987 534,00 0,00% - 0,00% 2. Amount and proportion of Taxonomy eligible but not taxonomy-aligned economic activity referred to in Section 4.27 of Annexes I and II to Delegated Regulation 2021/2139 in the Denominator of the applicable KPI 1 143 000,00 0,00% 1 143 000,00 0,00% - 0,00% 3. Amount and proportion of Taxonomy eligible but not taxonomy-aligned economic activity referred to in Section 4.28 of Annexes I and II to Delegated Regulation 2021/2139 in the Denominator of the applicable KPI - 0,00% - 0,00% - 0,00% 4. Amount and proportion of Taxonomy eligible but not taxonomy-aligned economic activity referred to in Section 4.29 of Annexes I and II to Delegated Regulation 2021/2139 in the Denominator of the applicable KPI - 0,00% - 0,00% - 0,00% 5. Amount and proportion of Taxonomy eligible but not taxonomy-aligned economic activity referred to in Section 4.30 of Annexes I and II to Delegated Regulation 2021/2139 in the Denominator of the applicable KPI 1 021 285 458,00 0,03% 1 021 285 458,00 0,03% - 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 249 Line Economic Activities Ratio (the information should be provided in monetary amount and percentage) CCM + CCA Climate change mitigation (CCM) Climate change adaptation (CCA) Amount % Amount % Amount % 6. Amount and proportion of Taxonomy eligible but not taxonomy-aligned economic activity referred to in Section 4.31 of Annexes I and II to Delegated Regulation 2021/2139 in the Denominator of the applicable KPI 7 323 099 304,00 0,21% 7 323 099 304,00 0,21% - 0,00% 7. Amount and proportion of other Taxonomy eligible but not taxonomy-aligned economic activities not referred to in rows 1 to 6 above in the Denominator of the applicable KPI 279 396 079 147,89 7,85% 260 145 285 499,89 7,31% 19 250 793 648,00 0,54% 8. Total amount and proportion of taxonomy eligible but not taxonomy-aligned economic activities in the denominator of the applicable KPI 287 906 594 443,89 8,0932% 268 655 800 795,89 7,55% 19 250 793 648,00 0,54%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 250 Taxonomy-eligible but not taxonomy-aligned economic activities - Turnover Line Economic Activities Ratio (the information should be provided in monetary amount and percentage) CCM + CCA Climate change mitigation (CCM) Climate change adaptation (CCA) Amount % Amount % Amount % 1. Amount and proportion of Taxonomy eligible but not taxonomy-aligned economic activity referred to in Section 4.26 of Annexes I and II to Delegated Regulation 2021/2139 in the Denominator of the applicable KPI 164 987 534,00 0,00% 164 987 534,00 0,00% - 0,00% 2. Amount and proportion of Taxonomy eligible but not taxonomy-aligned economic activity referred to in Section 4.27 of Annexes I and II to Delegated Regulation 2021/2139 in the Denominator of the applicable KPI 1 143 000,00 0,00% 1 143 000,00 0,00% - 0,00% 3. Amount and proportion of Taxonomy eligible but not taxonomy-aligned economic activity referred to in Section 4.28 of Annexes I and II to Delegated Regulation 2021/2139 in the Denominator of the applicable KPI - 0,00% - 0,00% - 0,00% 4. Amount and proportion of Taxonomy eligible but not taxonomy-aligned economic activity referred to in Section 4.29 of Annexes I and II to Delegated Regulation 2021/2139 in the Denominator of the applicable KPI - 0,00% - 0,00% - 0,00% 5. Amount and proportion of Taxonomy eligible but not taxonomy-aligned economic activity referred to in Section 4.30 of Annexes I and II to Delegated Regulation 2021/2139 in the Denominator of the applicable KPI 1 021 285 458,00 0,03% 1 021 285 458,00 0,03% - 0,00% 6. Amount and proportion of Taxonomy eligible but not taxonomy-aligned economic activity 7 323 099 304,00 0,21% 7 323 099 304,00 0,21% - 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 251 Line Economic Activities Ratio (the information should be provided in monetary amount and percentage) CCM + CCA Climate change mitigation (CCM) Climate change adaptation (CCA) Amount % Amount % Amount % referred to in Section 4.31 of Annexes I and II to Delegated Regulation 2021/2139 in the Denominator of the applicable KPI 7. Amount and proportion of other Taxonomy eligible but not taxonomy-aligned economic activities not referred to in rows 1 to 6 above in the Denominator of the applicable KPI 278 424 661 709,44 7,83% 259 173 868 061,44 7,29% 19 250 793 648,00 0,54% 8. Total amount and proportion of taxonomy eligible but not taxonomy-aligned economic activities in the denominator of the applicable KPI 286 935 177 005,44 8,0659% 267 684 383 357,44 7,52% 19 250 793 648,00 0,54% Taxonomy non-eligible economic activities - CAPEX Line Economic Activities Amount Percent 1. Amount and proportion of economic activity referred to in row 1 of Template 1 that is taxonomy-non-eligible in accordance with Section 4.26 of Annexes I and II to Delegated Regulation 2021/2139 in the denominator of the applicable KPI 544 865 131,00 0,02% 2. Amount and proportion of economic activity referred to in row 2 of Template 1 that is taxonomy-non-eligible in accordance with Section 4.27 of Annexes I and II to Delegated Regulation 2021/2139 in the denominator of the applicable KPI 50 098 730,00 0,00% 3. Amount and proportion of economic activity referred to in row 3 of Template 1 that is taxonomy-non-eligible in accordance with Section 4.28 of Annexes I and II to Delegated Regulation 2021/2139 in the denominator of the applicable KPI 0 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 252 Line Economic Activities Amount Percent 4. Amount and proportion of economic activity referred to in row 4 of Template 1 that is taxonomy-non-eligible in accordance with Section 4.29 of Annexes I and II to Delegated Regulation 2021/2139 in the denominator of the applicable KPI 0 0,00% 5. Amount and proportion of economic activity referred to in row 5 of Template 1 that is taxonomy-non-eligible in accordance with Section 4.30 of Annexes I and II to Delegated Regulation 2021/2139 in the denominator of the applicable KPI 49 725 714 896,00 1,40% 6. Amount and proportion of economic activity referred to in row 6 of Template 1 that is taxonomy-non-eligible in accordance with Section 4.31 of Annexes I and II to Delegated Regulation 2021/2139 in the denominator of the applicable KPI 103 359 397,00 0,00% 7. Amount and proportion of other taxonomy-non-eligible economic activities not referred to in rows 1 to 6 above in the denominator of the applicable KPI 239 988 389 914,61 6,75% 8. Total amount and proportion of taxonomy-non-eligible economic activities in the Denominator of the applicable KPI’ 290 412 428 068,61 8,16% Taxonomy non-eligible economic activities- Turnover Line Economic Activities Amount Percent 1. Amount and proportion of economic activity referred to in row 1 of Template 1 that is taxonomy-non-eligible in accordance with Section 4.26 of Annexes I and II to Delegated Regulation 2021/2139 in the denominator of the applicable KPI 544 865 131,00 0,02% 2. Amount and proportion of economic activity referred to in row 2 of Template 1 that is taxonomy-non-eligible in accordance with Section 4.27 of Annexes I and II to Delegated Regulation 2021/2139 in the denominator of the applicable KPI 50 098 730,00 0,00% 3. Amount and proportion of economic activity referred to in row 3 of Template 1 that is taxonomy-non-eligible in accordance with Section 4.28 of Annexes I and II to Delegated Regulation 2021/2139 in the denominator of the applicable KPI 0 0,00% 4. Amount and proportion of economic activity referred to in row 4 of Template 1 that is taxonomy-non-eligible in accordance with Section 4.29 of Annexes I and II to Delegated Regulation 2021/2139 in the denominator of the applicable KPI 0 0,00%

MFB Hungarian Development Bank Plc. Consolidated Sustainability Statement.31 December 2024 253 Line Economic Activities Amount Percent 5. Amount and proportion of economic activity referred to in row 5 of Template 1 that is taxonomy-non-eligible in accordance with Section 4.30 of Annexes I and II to Delegated Regulation 2021/2139 in the denominator of the applicable KPI 49 725 714 896,00 1,40% 6. Amount and proportion of economic activity referred to in row 6 of Template 1 that is taxonomy-non-eligible in accordance with Section 4.31 of Annexes I and II to Delegated Regulation 2021/2139 in the denominator of the applicable KPI 103 359 397,00 0,00% 7. Amount and proportion of other taxonomy-non-eligible economic activities not referred to in rows 1 to 6 above in the denominator of the applicable KPI 238 816 266 393,84 6,71% 8. Total amount and proportion of taxonomy-non-eligible economic activities in the denominator of the applicable KPI’ 289 240 304 547,84 8,13%

Corporate Governance Report (MFB Group) 2024 Budapest, 8 April 2025

2 Introduction Pursuant to Section 95/B(1) on the business report under Act C of 2000 on Accounting, any business whose negotiable securities have been admitted for trading on a regulated market of a Member State of the European Economic Area is required to publish a Corporate Governance Statement in its business report. MFB Hungarian Development Bank Private Limited Company (hereinafter: MFB Zrt., Bank or the Company) is thus required to publish a statement with respect to the bonds it issues. MFB Zrt. has published the following report on its corporate governance practices during the 2024 financial year. The Company’s internal system of governance and control is based on the Recommendations and Proposals for Corporate Governance, approved by the Budapest Stock Exchange on 8 December 2020. The corporate governance principles defined in the Recommendations have been adopted by the Company without any material differences. It must be, however, taken into consideration that MFB Zrt. is a single-member private joint-stock company, where, on the basis of Section 1(2) of Act XX of 2001 on Magyar Fejlesztési Bank Részvénytársaság (hereinafter: MFB Act) and Section I of Annex 2 of Act CXCVI of 2011 on National Assets, 100% of the shares representing the Company are exclusively owned by the Hungarian State. Any alienation of the shares or offering of the same as security shall be deemed null and void. As part of its responsibilities under Sections 3(1) to (4a) of the MFB Act, the Company is required to proceed, both independently and in cooperation with other Hungarian and international organisations, in accordance with the requirements of transparency, expediency, economy, efficiency and prudence, with a view to securing the development funds required to achieve the economic development objectives defined by the medium and long-term economic strategy of the Government. The Company shall act on behalf of its sole shareholder, the Hungarian State. The objectives of the State and the acting Government are set out by the law or conveyed to the Company by a Government Resolution. MFB Zrt. – as part of its responsibilities under in Section 3 (3) of the MFB Act – was a fund management organization in the 2007-2013 programming period, and in the 2014-2020 programing period is the implementing organization of the fund of funds, and in the 2021-2027 programing period will be the holding-fund implementing entity of the cohesion fund, while with regard the resources of the Recovery and Resilience (Resilience Building) Instrument will be the implementing body of the financial instrument, during which MFB Zrt. will dispose of the resources made available to in its own name, but the benefit of the Governing Authorities (National Authority). Accordingly MFB Zrt. keeps separate register of the sources of programming periods, but these registers do not form part of the Bank’s balance sheet. Based on the authorization of Government Decree No 1/2012 of (I.20.) MFB Zrt. participate in the performance of the tasks of Diákhitel Központ Zrt. from 12 June 2024 in closer cooperation with extensive experience in banking fields. MFB Zrt. performs the against an assignment fee, according to a service contract, acting on behalf of Diákhitel Központ Zrt. The shareholder’s (owner’s) rights of the State over MFB Zrt. shall be exercised by the Minister responsible for supervising state assets. On the basis of Section 103 (1) 8 of Government Decree No 182/2022 of (V.24.) setting out the duties and competences of the members of the Government, the Minister for National Economy assets is a member of the Government, responsible for supervising state assets (hereinafter: the person exercising shareholder’s rights).

3 The person exercising shareholder’s rights shall issue the founder’s resolution for the Company, thus determining the Company’s strategic decisions. In a founder’s resolution, the person exercising shareholder’s rights shall require the Company to carry out the tasks set out in the Government’s resolutions. The person exercising shareholder’s rights shall decide on the selection, appointment, recall and discharge of members of the Board of Directors, members and the Chair of the Supervisory Board and the Chief Executive Officer heading the Company’s work organisation under an employment contract. Pursuant to Act CXXII of 2009 on publicly owned companies (hereinafter: Kgtv. Act), MFB Zrt. is a publicly owned company. For the purposes of the provisions of the Kgtv. Act, the Company is treated as a company of priority importance for the national economy. In other words, MFB Zrt.’s corporate governance practices are determined by the economic development objectives set in the Government’s medium and long-term economic strategy, its classification as a company of priority importance for the national economy, the characteristics of being a single-member private joint-stock company and the provisions of the MFB Act and the Statutes of MFB Zrt. Based on its size and the number of its employees, the Company is a large enterprise. It has a formalised operation. In addition to Act CCXXXVII of 2013 on credit institutions and financial companies (hereinafter: Hpt. Act), the Company’s Statutes and the provisions of the rules of procedure of the Board of Directors and the Supervisory Board, the governance and functioning of the Company are determined by the remuneration policy, which is under the competence of the person exercising shareholder’s rights, and internal regulations required by EU and national legislation and provisions applicable to credit institutions. Within the Bank, there is no separate diversity policy applicable to the management and supervisory bodies, but Company's Ethics Statement set out a general prohibition of all forms of discrimination at a fundamental level. In line with this, the Bank’s human resources policy is committed to condemning all forms of discrimination, including sex, age, religion, race, political and trade union affiliation, language and other distinctions, and to respecting the rights of persons with disabilities. In the course of its activities, MFB Zrt. supports the development of communities, the spread of financial culture and the creation of opportunities. Respect for human rights is an important aspect, both in relation to business partners and employees, and the Bank places great emphasis on this in its policies, in the organization of its operation, in communication and in its complaint handling processes. 1.1 A brief presentation of the operation of the Board of Directors / Governing Board, and the distribution of responsibilities and tasks between the Board of Directors / Governing Board and the management. The Board of Directors is the Company’s managing body. Members of the Board of Directors are the Company’s executive officers. The Board of Directors may consist of 5 to 9 members. Members of the Board of Directors are appointed – for a 5-year term – and recalled by the person exercising shareholder’s rights. The Board of Directors is headed by its Chair. The Chair of the Board is elected by the Board members from among themselves. During the term of his or her mandate, the CEO shall be a member of the Board of Directors, without a specific decision by the person exercising shareholder’s rights. Notwithstanding the term specified in Article 14(4) of the MFB Act, the CEO shall remain a member

4 of the Board for the entire duration of his or her mandate. In the event that the Chair of the Board of Directors and the CEO is the same person, pursuant to the third sentence of Section 15(2) of the MFB Act, the CEO shall be entitled to use the title of Chairman & CEO. Members of the Board of Directors may be recalled from their office at any time by the person exercising shareholder’s rights without further explanation. At least two members of the Board shall be employees of the Company (internal members). According to Section 149 (2) of the Hpt. Act, the directors of the company pursuant to the Hpt. Act may be elected as internal members of the Board of Directors. The Board membership of internal members shall cease immediately on the termination of their employment. Members of the Board of Directors and their family members may not be Members of the European Parliament, Members of Parliament, members of any municipal/local governments or spokespersons for a national or ethnic minority. The Chair of the Board of Directors and Board members shall make a declaration of property in accordance with the applicable statutory provisions. The Board shall exercise its rights and responsibilities as a corporate body. The Board shall draw up the Company’s reports under the International Financial Reporting Standards (IFRS) in accordance with the Accounting Act and a proposal for the appropriation of net profit and submit them to the person exercising shareholder’s rights for approval. The Board of Directors shall ensure that the Company’s books are appropriately maintained. Moreover, the responsibilities of the Board shall include the approval of the Company’s regulations on organisation and operation as well as any regulations assigned by the Rules of Procedure of the Board or by the law to the competence of the Board. Similarly, the Board of Directors shall make a decision on any major issues specified in the Board’s Rules of Procedure. The Company shall not have an appointing committee or a remuneration committee. The person exercising shareholder’s rights may not deprive the Board of Directors of its powers. Meetings of the Board shall be convened as appropriate but at least once every three months. Board meetings shall be convened by the Chair of the Board through the forwarding of an invitation to Board members at least 8 days prior to the proposed date of the meeting. The invitation shall specify the venue, date and hour of the meeting and the proposed agenda of the meeting; any written documents relevant to the agenda shall be attached to the invitation as far as possible. Any issue that has not been included in the agenda of the meeting – excluding the case where a Board member makes a proposal to add to the agenda within 4 days of receiving the invitation – shall only be discussed by the Board of Directors if at least two-thirds of the Board members are present and all attending members unanimously agree that the agenda item in question should be discussed at the meeting. The representative of the party exercising ownership rights and the Chair of the Supervisory Board shall be invited to any meeting of the Board of Directors. Any member of the Board of Directors may request that a Board meeting be convened, specifying the agenda to be discussed by such meeting. The meeting shall be convened by the Chair of the Board of Directors for a day within 15 days of such request. Meetings of the Board of Directors shall have a quorum if it is attended by the majority of Board members. Decisions shall be made by a simple majority of the votes of attending members. The unanimous vote of the Board of Directors shall be required for decisions provided for in Section 106 of the Hpt. Act (exposure to affiliated persons) and decisions under Section 144(3) of the Hpt. Act.

5 The Board may also adopt a decision without convening a meeting, in writing (by mail or direct delivery) (urgent written procedure). Moreover, the Chair of the Board of Directors may convene an emergency Board meeting. 1.2 An introduction of the Board of Directors / Governing Board, Supervisory Board and management members (for board members, also indicating each member’s status of independence), a presentation of the boards structures. As at 31 December 2024, the members of the Board of Directors are as follows: 1. Dr. Levente Sipos-Tompa, internal member of the Board of Directors , Chairman & CEO, 2. Zsolt Demkó-Szekeres, Deputy CEO, internal member of the Board of Directors, 3. Balázs Benczédi, external member of the Board of Directors, 4. Tamás Balás, external member of the Board of Directors 5. Dr. László Balás-Piri, external member of the Board of Directors. The start and end dates of the mandates are set out in detail under item 13 of the Company’s Certificate of Incorporation. As at 31 December 2024, the Chair and the members of the Supervisory Board are as follows: 1. Dr. Péter Pataki, Chair of the Supervisory Board 2. Henriett Emese Jeneiné Gerő, member of the Supervisory Board, 3. Gáspár Gergely Suppan, member of the Supervisory Board 4. Zita Katalin Kékesiné Győrffy, member of the Supervisory Board, 5. Ervin Gönczy, member of the Supervisory Board, employee representative 6. Dr. Anett Vékony, member of the Supervisory Board, employee representative The start dates of the mandates are set out in detail under item 15 of the Company’s Certificate of Incorporation. The Bank’s most senior officer responsible for operations is the Chief Executive Officer. The Company’s Chief Executive Officer was Dr. Levente Sipos-Tompa until 31 December 2024, and the Company’s Chief Executive Officer from 1 January 2025 is Gergely Bence Katona. The employee is entitled to substitute the Chief Executive Officer until 31 December 2024 was Zsolt Demkó-Szekeres Deputy Chief Executive Officer and from 1 January 2025 is Zoltán Zsámboki Deputy Chief Executive Officer. 1.3 Specifying the number of meetings which the Board of Directors / Governing Board, Supervisory Board and committees held in the given period, completed with attendance rates. In 2024, the Board of Directors had met 7 times and adopted decisions 36 times without holding a meeting by urgent written procedure, with the following participation rates: Date of Board meeting/ adopted a decision by urgent written procedure Participation rate 1. 31 January 2024-meeting Of 5 members, 3 participated 2. 28 February 2024-meeting Of 5 members, 3 participated 3. 08 April 2024-meeting Of 5 members, 5 participated 4. 17 May 2024 - meeting Of 5 members, 4 participated

6 Date of Board meeting/ adopted a decision by urgent written procedure Participation rate 5. 27 August 2024- meeting Of 5 members, 3 participated 6. 27 November 2024- meeting Of 5 members, 3 participated 7. 18 December 2024- meeting Of 5 members, 3 participated Written procedure 1. 17 January 2024 Of 5 members, 5 participated 2. 23 January 2024 Of 5 members, 5 participated 3. 24 January 2024 Of 5 members, 5 participated 4. 1 February 2024 Of 5 members, 4 participated 5. 12 February 2024 Of 5 members, 4 participated 6. 29 February 2024 Of 5 members, 4 participated 7. 19 March 2024 Of 5 members, 3 participated 8. 19 April 2024 Of 5 members, 4 participated 9. 23 April 2024 Of 5 members, 4 participated 10. 3 May 2024 Of 5 members, 5 participated 11. 7 May 2024 Of 5 members, 4 participated 12. 31 May 2024 Of 5 members, 4 participated 13. 7 June 2024 Of 5 members, 4 participated 14. 14 June 2024 Of 5 members, 4 participated 15. 18 June 2024 Of 5 members, 5 participated 16. 21 June 2024 Of 5 members, 4 participated 17. 1 July 2024 Of 5 members, 5 participated 18. 8 July 2024 Of 5 members, 3 participated 19. 24 July 2024 Of 5 members, 3 participated 20. 9 September 2024 Of 5 members, 3 participated 21. 12 September 2024 Of 5 members, 3 participated 22. 16 September 2024 Of 5 members, 4 participated 23. 1 October 2024 Of 5 members, 4 participated 24. 10 October 2024 Of 5 members, 4 participated 25. 17 October 2024 Of 5 members, 4 participated 26. 18 October 2024 Of 5 members, 4 participated 27. 28 October 2024 Of 5 members, 4 participated 28. 4 November 2024 Of 5 members, 4 participated 29. 14 November 2024 Of 5 members, 5 participated 30. 19 November 2024 Of 5 members, 5 participated 31. 21 November 2024 Of 5 members, 4 participated 32. 22 November 2024 Of 5 members, 4 participated 33. 9 December 2024 Of 5 members, 4 participated 34. 12 December 2024 Of 5 members, 4 participated 35. 17 December 2024 Of 5 members, 4 participated 36. 20 December 2024 Of 5 members, 4 participated

7 In 2024 the Supervisory Board had held 6 meetings and made decisions in 21 cases without holding a meeting, by written voting. Date of Supervisory Board meeting/ adopted a decision by written procedure Participation rate 1. 31 January 2024-meeting Of 6 members, 6 participated 2. 28 February 2024-meeting Of 6 members, 5 participated 3. 8 April 2024-meeting Of 6 members, 6 participated 4. 17 May 2024 -meeting Of 6 members, 5 participated 5. 27 August 2024 - meeting Of 6 members, 6 participated 6. 18 December 2024 - meeting Of 6 members, 6 participated Written procedure 1. 24 January 2024 Of 6 members, 6 participated 2. 12 February 2024 Of 6 members, 6 participated 3. 5 March 2024 Of 6 members, 6 participated 4. 17 April 2024 Of 6 members, 5 participated 5. 29 April 2024 Of 6 members, 6 participated 6. 30 May 2024 Of 6 members, 5 participated 7. 14 June 2024 Of 6 members, 5 participated 8. 18 June 2024 Of 6 members, 5 participated 9. 27 June 2024 Of 6 members, 4 participated 10. 24 July 2024 Of 6 members, 5 participated 11. 31 July 2024 Of 6 members, 5 participated 12. 13 September 2024 Of 6 members, 6 participated 13. 25 September 2024 Of 6 members, 6 participated 14. 3 October 2024 Of 6 members, 5 participated 15. 17 October 2024 Of 6 members, 5 participated 16. 5 November 2024 Of 6 members, 6 participated 17. 12 November 2024 Of 6 members, 5 participated 18. 14 November 2024 Of 6 members, 6 participated 19. 19 November 2024 Of 6 members, 6 participated 20. 21 November 2024 Of 6 members, 6 participated 21. 28 November 2024 Of 6 members, 4 participated 1.4 A presentation of the work done by the Board of Directors / Governing Board, the Supervisory Board and the management as well as the considerations for assessing their individual members. Specifying if the assessment carried out in the given period resulted in any changes. The Company has implemented a set of regulations drawn up by the person exercising shareholder’s rights in consideration of the provisions of Act CXXII of 2009 on the more economical operation of publicly owned companies (hereinafter: Kgtv. Act) and Government Resolution No 1660/2015 (IX. 15.) regarding the renewal of the system of remuneration of management employees of companies in majority public ownership (hereinafter: Govt. Resolution), in respect of the method and amount of the remuneration of executive officers, members of the Supervisory Board and management employees and the system of their remuneration (hereinafter: Remuneration Policy). The Remuneration Policy approved by the person exercising shareholder's rights includes the main rules for defining and assessing the system of performance requirements (annual bonuses) for executive

8 employees are as follows: - A bonus-based remuneration system shall be implemented for managers in order to encourage the successful achievement of business policy and economic targets for the year concerned and efficient operation; - As a performance requirement, any target condition should be based on performance that can be objectively defined and be based on performing one’s job with reasonable expertise and diligence. In case of a performance objective comprising the achievement of the key figure(s) of the business plan, the target conditions have to be set within ranges. A performance objective comprising the achievement of the key figure(s) of the business plan cannot be set solely if its fulfilment resulted in the 100% payment of the related bonus; - The amount of the annual bonus of a manager shall not exceed the extent regulated in the relevant Government Decision. If the Company has made a loss, no bonus shall be paid to the manager; - The performance requirements and conditions should preferably be defined simultaneously with or within 30 days of the adoption of the business plan for the year, unless under exceptional circumstances where they may be set at a later date; - The performance requirements shall be assessed and settled simultaneously with or within 30 days of the adoption of the financial statement (balance sheet) for the financial year, unless under exceptional circumstances, where it may take place at a later date; - If any of in the set performance requirements or not, or partially fulfilled, the employer’s rights shall decide, on the amount and the payment of the bonus in proportion to the otherwise fulfilled performance requirements; - Where the employment of a manager is terminated during the year, the bonus shall be payable on a pro rata basis simultaneously with the adoption of financial statement closing the financial year according to the Act on Accounting or within 30 days of the adoption of the financial statement; - The circumstances listed in the Remuneration Policy may be considered as factors reducing or excluding the payment of a bonus. The person entitled to set the performance requirements may determine additional factors reducing or excluding the payment of a bonus. 1.5 A report on the operation of each committee, elaborating on the professional background of committee members, the number of and the attendance rate at the meetings held as well as the major topics discussed at the meetings and a presentation of the general operation of each committee. When presenting the operation of the Audit Committee, any decision by the Board of Directors / Governing Board against the proposal of the committee should be mentioned (also including the explanations offered by the Board of Directors / Governing Board). The Company website, where all tasks delegated to the committees and the dates of the members’ appointment must be published, should also be mentioned. (If this information is not available on the Company website, it must be included in the Corporate Governance Report.) Supervisory Board The Supervisory Board consists of 6 members. The Chair and members of the Supervisory Board are appointed for a definite period of up to 5 years and are recalled by the person exercising shareholder's rights. At least one-third of the members of the Supervisory Board shall be employee representatives for as long as the Company has more than 200 (two hundred) full-time employees on an average annual basis. Only natural persons may be Supervisory Board members; other than employee representatives, they may not be employees of the Company. The Supervisory Board shall supervise the Company’s management. Within the frames of this authority, the Supervisory Board may request information from senior executives and employees of the company, may inspect the company's accounting records, registers, books and documents, may

9 examine the company's payment account, cash register, securities and commodities, as well as its contracts, or may place them under examination by an expert. Such information may also be requested or inspected or the Company’s records may also be examined or ordered to be examined by individual members of the Supervisory Board. The Supervisory Board shall have all rights and obligations set out for the supervisory boards of credit institutions by the applicable legislation in effect from time to time. The Supervisory Board shall: a) ensure that the Bank has a comprehensive and fully functional control system; b) put forth a proposal for the Company’s auditor and his or her fee; c) verify the Bank’s annual and interim financial statements, including the annual publication information; d) technically manage and review the internal audit unit; as part of that function, the Supervisory Board shall 1. adopt the annual review plan of the internal audit unit, 2. discuss, at least once every six months, the reports drawn up by internal audit and review the implementation of the required measures, 3. assist, where appropriate, the efforts of internal audit by inviting external experts, 4. put forth proposals for adjusting the number of staff of the internal audit unit, e) draw up recommendations and proposals on the basis of the findings of inspections by internal audit; f) the prior consent of the Supervisory Board shall be required if the Chief Executive Officer intends to appoint a new employee to manage the internal audit unit or terminate the employment of the head of the internal audit unit. Without the application of Section 3:123 of the Civil Code, the Supervisory Board is obliged to examine all relevant business policy reports requiring the decision of the holder of ownership rights, as well as all submissions relating to matters within the competence of the holder of ownership rights. The holder of ownership rights may decide on the reports pursuant to the Accounting Act only in the possession of the written report of the Supervisory Board. Decisions regulated in Section 106 (1) of the Hpt. Act (exposure to affiliated persons) require, in addition to the unanimous decision of the Board of Directors of the company, the consent of the Supervisory Board. Meetings of the Supervisory Board shall be convened by the Chair of the Supervisory Board in writing (by mail, email sent to members or direct delivery), the invitation being conveyed to the members of the Supervisory Board at least 8 (eight) days before the date of the meeting. The invitation shall include the agenda of the meeting along with the proposals for the issues concerning the agenda items. Any two Supervisory Board members may request in writing the Chair to convene a Supervisory Board meeting, specifying the reason and the goal of the proposed meeting. Where the Chair fails to convene a meeting within 5 (five) days of receipt there quest, such meeting may be convened by any member having requested that the meeting be convened. The Supervisory Board shall have a quorum if more than two-thirds of its members or at least 3 (three) members are present at the meeting. Decisions of the Supervisory Board shall be adopted by a majority of votes by members of the Supervisory Board. The Supervisory Board may also adopt a decision without convening a meeting, in writing (by mail) exceptionally, in particularly and immensely justified cases. A decision shall have been adopted if, within 3 (three) workdays of dispatch (or, in exceptional cases, within a shorter period specified by the Chair), at least 2/3 (two-thirds) of the members of the Supervisory Board (but a minimum of 3 members) have sent their votes to the Bank’s registered office in the form of a private deed of full probative value. There shall be no need to wait

10 for the vote of a member of the Supervisory Board if such member previously notified the Chair of the Supervisory Board of the fact that, during the period concerned, he/she would not be able to participate in the work of the Supervisory Board, in person or through a written voting procedure, due to another engagement. The rules of procedure of the Supervisory Board shall be determined by the Supervisory Board and approved by the person exercising shareholder's rights. The Chair of the Supervisory Board and Supervisory Board members shall make a declaration of property in accordance with the applicable legislation. Audit Committee The Audit Committee shall: a) assist the Supervisory Board in its activities, including – the review of the system of financial reporting, – the selection of an auditor, and – cooperation with the auditor; b) review and monitor the independence of the auditor, including in particular compliance with Article 5 of Regulation (EU) No 537/2014 of the European Parliament and of the Council of 16 April 2014 on specific requirements regarding statutory audit of public-interest entities and repealing Commission Decision 2005/909/EC; c) monitor the statutory audit of the annual and consolidated annual financial statements and the sustainability report prepared as part thereof, taking into account the findings and conclusions made during the quality review of statutory public oversight auditing, conducted by an authority carrying out public oversight auditing duties (Act LXXV of 2007 on the Chamber of Hungarian Auditors, the Activities of Auditors, and on the Public Oversight of Auditors (hereafter: Kkt. Act)); d) monitor the efficiency of the Bank’s internal control and risk management systems, putting forward recommendations where appropriate; e) monitor the process of financial reporting, putting forward recommendations where appropriate f) monitor the Bank’s ESG activities and assurance on sustainability reporting and, if necessary make recommendations. The functions and competences of the Audit Committee are set out in detail in the rules of procedure of the Audit Committee. As at 31 December 2024, the Chair and the members of Audit Committee are as follows: 1. Dr. Péter Pataki, Chair of the Audit Committee, 2. Gáspár Gergely Suppan, member of the Audit Committee, 3. Zita Katalin Kékesiné Győrffy, member of the Audit Committee. In 2024, the Audit Committee held 1 meeting and made decisions in 14 times without holding a meeting by written voting. The participation rate was as follows.

11 Date of Audit Committee meeting/ adopted a decision by written procedure Participation rate 1. 08 April 2024 Of 3 members, 3 participated Written procedure 1. 30 January 2024 Of 3 members, 3 participated 2. 09 February 2024 Of 3 members, 3 participated 3. 06 March 2024 Of 3 members, 2 participated 4. 24 May 2024 Of 3 members, 3 participated 5. 14 June 2024 Of 3 members, 2 participated 6. 17 July 2024 Of 3 members, 3 participated 7. 13 September 2024 Of 3 members, 3 participated 8. 17 October 2024 Of 3 members, 3 participated 9. 24 October 2024 Of 3 members, 2 participated 10. 11 November 2024 Of 3 members, 2 participated 11. 19 November 2024 Of 3 members, 3 participated 12. 21 November 2024 Of 3 members, 3 participated 13. 5 December 2024 Of 3 members, 3 participated 14. 6 December 2024 Of 3 members, 3 participated Detailed information on the 2024 meetings of the Board of Directors and the Supervisory Board is set out in section 1.3. The Company’s internal decision-making bodies include: a) the person exercising shareholder's rights, b) Board of Directors, c) Management Body, d) Asset-Liability Management Committee, e) Individual Credit Committee, f) Problem Loans Committee, g) EU Management Committee, h) Sustainable Financing Committee i) Infringement Management Committee, j) Developmental Management Committee. k) Monitoring Committee Other internal decision-making bodies of the Company by individual power (e.g. Crisis Committee) are regulated by the regulation documents of the Bank. The Company’s internal decision preparation bodies include the: a) Support Committee, b) Housing Committee, c) Aid Committee, d) Public Procurement Preparation and Assessment Committee, e) Workplace Health and Safety Committee, f) Health and Safety Parity Body, g) Ethics Committee, h) Scrapping Committee.

12 The Company shall publish on its website information on the names and positions of the managers and members of its government bodies. 1.6 A description of the system of internal controls, an evaluation of the activities performed in the given period. A report on the efficiency and effectiveness of the risk management procedures. (Information about where shareholders can access the Board of Directors / Governing Board report on the operation of internal controls.) The Bank shall develop and operate its internal audit system in accordance with the characteristics, scope, complexity and risks of its activities with a view to ensuring that it conducts its activities under an appropriate management system and appropriate controls in order to achieve the objectives of the organisation. Organisational structure and the defining of functions and responsibilities In terms of its organisational structure and within the specific organisational units, the Bank shall define competences in order to delimit the functions and responsibilities related to specific processes as well as the specific functions and responsibilities pertaining to cross-organisational processes, isolating those functions that are incompatible from the point of view of the process. The processes, responsibilities and controls are set out in the regulatory documents, whereas the functions and responsibilities pertaining to each job are set out in the job descriptions. Decision-making system In addition to defining the functions and competences, it is of priority importance to exactly define the competences related to the making of personal and committee decisions in order to ensure that a clear, transparent and consistent framework system, commensurate with the complexity and the financial consequences of each topic is in place to assist the decision-making process during day-to-day operation. Regulatory framework system By setting up the area focusing on the adoption of a consistent Group-level regulatory concept and process control, the Bank intends to ensure that the regulatory structure concerning the processes and activities is suitably consistent and uniform and that sufficiently detailed regulatory documents that cover the entire process are drawn up for each process. When drawing up the regulatory documents, the Legal Directorate and in addition the Operational Development and Regulatory Directorate the Compliance Directorate ensure that they fully comply with the statutory provisions. Internal defence lines Within its organisation, the Bank has implemented a three-tier risk protection system. Keeping the proportionality principle in mind, in order to execute the internal control, the Bank has implemented efficient, comprehensive internal control functions (risk control function, compliance function, internal audit function, information security and prevention of fraud functions). Board of Directors/Supervisory Board I. Chief Executive Officer A) Management 1. Internal procedure, controls built in the procedure and management controls B) Risk management, Compliance, Bank- and Information Security/ BCP/ DRP, Prevention of fraud

13 II. Audit Commitee A) Internal Audit, B) Audit In order to ensure the independence of control functions, 1) the control function’s staff shall not engage in any activities under their control; 2) it shall be organisationally separate from the functional and organisational areas it controls; 3) its remuneration shall not be dependent on the performance of the areas controlled; 4) the control function shall have access to the resources required for its operation. Risk management The Bank’s risk control function is carried out by within the Risk Management Division, a dedicated organisational unit independent from the business areas. The framework of risk management and control is provided by an appropriately structured regulatory hierarchy, ensuring prudent banking operation through abstract guidelines at a high level and through increasingly detailed instructions and rules of procedure at the lower levels. In order to reasonably limit the assumption of risks, limits are applied in order to observe risk levels so as to ensure that targets are achieved in accordance with the relevant risk appetite. The function is given sufficient priority during the decision-making process in order to ensure that risk criteria are assessed and sufficiently considered when making any decision. Compliance The compliance function covers the institution as a whole as well as each organisational unit, business area and activity, in particular with regard to ethic, conflict of interest issues, market abuses and the prevention of money laundering. The Compliance Directorate, an organisational unit independent of business and other banking area, performs the compliance function of the Bank. The activities of the Compliance Directorate are determined by compliance statute issued as a group-level directive also contains the expectations of MFB Zrt. regarding the compliance activities of the companies belonging to the MFB Group. Internal audit The Bank maintains an autonomous internal audit department, which is structurally and functionally independent of its other areas; the resources required for internal audit activities are made available on a continuous basis. Internal audit is an independent and objective activity aiming to provide reasonable assurance (verification) and advice with a view to improving the Bank’s operation and increase its success. As part of its activities, it examines and provides reasonable assurance, supported by sufficient evidence, on whether the risk management, governance and control systems, and processes developed and operated by management, comply with the relevant requirements. It promotes the achievement of the Bank’s objectives through an appropriate and efficient methodology and through risk-based control activities. Information system In addition to the regulation of processes and the conscious separation of functions and responsibilities, the level of control of processes is also improved within the information systems. In the majority of its basic processes, the Bank applies information systems that purposefully support the strengthening of the control environment of processes, thus ensuring the appropriate implementation of processes through various built-in automated mechanisms. Access to the information system is granted through multi-level filters (business manager, data owner), which are regularly reviewed. Authorisations are assigned in a way that ensures that each employee is granted active authorisation only to applications that are relevant to his or her duties, and in addition,

14 staff responsible for data-entry and approval functions are separated from each other. Built-in and follow-up controls The Bank designs its administrative processes and regulatory documents are a way that enables controls to be built into the various processes. Controls are thus incorporated into the various processes in order to ensure that any task should only be carried out once the previous task has been verified and corrected where appropriate, in order to ensure the conformity of the inputs of complementary tasks. No single operation may be carried out, processed and verified by the same person, as that would not ensure the identification and correction of errors detected during implementation. The Bank’s regulatory documents set out the task and process-specific control points, i.e. the control activities. The Bank’s procedures are developed in a way that ensures that any transaction is only implemented after a documented review. At the Bank, the heads of the competent organisational units are responsible for the implementation of built-in control and management control. Management control The various management levels and the organisational structure aim to facilitate the efficient achievement of the Bank’s objectives and strategy. Management control functions must be carried out at each level of management. Management control tools include requiring employees to report, requesting reports, exercising the right to sign documents, the verification of the fulfilment of tasks from a formal and substantive point of view, on-site reviews carried out in person and the operation of the management information system. The heads of individual organisational units shall oversee their team members and require them to report on a regular basis, as provided for in internal regulations and rules of procedure. The detailed rules for management control, including reports and business trips, are set out in the regulatory documents. Management information system The development and operation of a management information system encompassing all of its activities are an important element of the Bank’s control system. The purpose of the management information system is to ensure that consistent and comprehensive information are available for the various levels of management during governance and control. The Bank’s management information system includes the entirety of Bank and Group-level information generated for the management on a timely basis at sufficient depth as well as the system that forwards such collected and properly processed information to the user in due time, while being capable of responding to changes. The internal reports constituting the management information system, the frequency of submission of such reports and the indication of the relevant management level shall be set out in a regulatory document and be regularly reviewed. Exercising shareholder control The Bank shall exercise control over the organisations belonging to the MFB Group. As part of such shareholder supervision, the Bank extends the elements of its internal control system listed above to an extent that ensures that the operation of the various companies is appropriately monitored and governed, and that the common goals of the MFB Group are achieved, as well as ensuring the requisite and sufficient exchange of information between the Bank and other Group companies.

15 1.7. Information on whether the auditor performed any activities not related to auditing. The Bank’s auditor for the 2024 financial year was the Forvis Mazars Korlátolt Felelősségű Társaság. The MFB Group did not avail itself of certain non-audit services from the Forvis Mazars Korlátolt Felelősségű Társaság Network. 1.8. An overview of the Company's publication policy and its insider trading policy. A separate policy provides for the prohibition of insider trading and market manipulation, stipulating that persons performing managerial duties and persons closely associated with them and employees having access to inside information are prohibited from entering into transactions or charging other persons with entering into transactions involving securities issued by the Bank or derivatives or other financial instruments related to said securities. The Company has not implemented a share-based incentive scheme. With regard to the publishing of information, the Company acts in accordance with the applicable laws and stock exchange regulations. 1.9. An overview of the method of exercising shareholder rights. The Company’s capital stock amounts to HUF 519,900,000,000 (Five Hundred and Nineteen Billion Nine Hundred Million Forints), which consists of 519,900 printed registered ordinary shares of a nominal value of HUF 1,000,000 each. The Company’s shares are non-transferable. Each share embodies the same rights. Where the Company’s capital stock is increased from assets additional to the capital stock, the new shares are acquired by the State without consideration. Depending on the decision of the person exercising shareholder's rights, the capital stock may be reduced by reducing the number or the nominal value of the shares, or both. The person exercising shareholder's rights shall not pay any amount out of the capital stock before the reduction in the capital stock has been registered in the Companies Register. The Board of Directors shall be entitled to issue shares of combined denomination and to break up shares of combined denomination. The Board of Directors shall keep the register of shareholders on the registered shares in accordance with the provisions of the Hpt. Act and Act V of 2013 on the Civil Code (hereinafter: Civil Code). The register of shareholders shall be accessible to any person. 1.10. A brief presentation of the rules for the conduct of the General Meeting. Since the Company is a single-member joint-stock company, it has no shareholders’ meeting; matters under the competence of the founder are decided upon by the person exercising shareholder's rights in writing, by a founder’s resolution, subject to the provisions applicable to the Company. Proposals for the person exercising shareholder's rights shall be approved by the Company's Board of Directors and discussed by the Supervisory Board. Any decision shall take effect on its communication to the executive officers.

16 1.11 Presentation of the issuer’s compliance with Section IV. of Act 67 of 2019 on the incentivisation of long-term shareholder participation and harmonization of particular other acts. The company is not subject to Act LXVII of 2019 on the Promotion of Long-Term Shareholder Participation and the Amendment of Certain Acts for the Purpose of Legal Harmonization, so the regulations in question do not apply to the company.

17 Corporate Governance Report on compliance with the Corporate Governance Recommendations As part of the Corporate Governance Report, the Company makes a statement regarding the extent to which it has implemented in its own corporate governance practice the recommendations and proposals specified in the relevant sections of the Corporate Governance Recommendations issued by the Budapest Stock Exchange Ltd., by completing the following tables. These tables provide an overview for the investors of the extent of the compliance - by the relevant company - with certain requirements set out in the Corporate Governance Recommendations at glance, and enable easy comparison of the practices of the specific companies. Level of compliance with the Recommendations The Company indicates whether it follows the relevant recommendation or not, and if not, briefly explains the reasons why it did not follow that specific recommendation. R 1.1.1 Does the Company have an organisational unit dealing with investor relationship management, or a designated person to perform these tasks? Yes. R 1.1.2 Are the Company’s Articles of Association available on the Company’s website? Yes. R 1.1.4 If the Company’s Articles of Association allow shareholders to exercise their rights in their absence, did the Company publish the methods and conditions of doing so, including all necessary documents? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. In lieu of the shareholder's meeting, matters under the competence of the supreme decision- making body are decided on by a founder’s resolution issued by the person exercising shareholder's rights, which decision is equivalent to the decision of the shareholder's meeting. R 1.2.1 Did the Company publish on its website a summary document containing the rules applicable to the conduct of its General Meetings and to the exercise of voting rights by shareholders? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.2.2 Did the Company publish the exact date when the range of those eligible to participate in a given company event is set (record date), and also the last day when the shares granting eligibility for participating in a given company event are traded? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.2.3 Did the Company hold its General Meetings in a manner providing for maximum shareholder participation? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting.

18 R 1.2.6 The Company did not restrict the shareholders’ right to designate a different representative for each of their securities accounts to represent them at any General Meeting. (Answer Yes, if not) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.2.7 For proposals for the agenda items, were the Board of Directors’ draft resolution and also the Supervisory Board’s opinion disclosed to the shareholders? Yes. R 1.3.3 The Company did not restrict the right of its shareholders attending a General Meeting to request information, add comments and submit proposals, or set any preconditions for these with the exception of some measures taken to conduct the General Meeting in a correct manner and as intended. (Answer Yes, if not) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.3.4 By answering the questions raised at the General Meeting, did the Company ensure compliance with the information provision and disclosure principles set out in legal regulations and BSE requirements? (If no such question arose the answer is: YES) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.3.5 Did the Company publish on its website the answers to the questions that the representatives of the Company’s boards or its auditor present at the General Meeting could not satisfactorily answer at the meeting within 3 working days following the General Meeting, or an official statement explaining why it refrained from giving answers? (If there was no such event the answer is: YES) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.3.7 Did the Chairman of the General Meeting order a recess or suggest that the General Meeting be postponed when a proposal or proposal relating to a particular issue on the agenda was submitted which the shareholders hadn’t had a chance to become familiar with before the General Meeting? ( If there was no such submission the answer is: YES) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.3.8.1 The Chairman of the General Meeting did not use a combined voting procedure for a decision related to electing and recalling executive officers and Supervisory Board members. (If there was no election or recall the answer is: YES) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting, but the above principle was observed in respect of the decision of the person exercising

19 shareholder's rights. R 1.3.8.2 For executive officers or Supervisory Board members, whose nominations were supported by shareholders, did the Company disclose the identity of the supporting shareholder(s)? (If there was no supporting shareholder the answer is: YES) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.3.9 Prior to discussing agenda items concerning the amendment of the Articles of Association, did the General Meeting pass a separate resolution to determine whether to decide on each amendment of the Articles of Association by individual votes, joint votes, or votes combined in a specific way? (If the Articles of Association has not been modified the answer is: YES) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.3.10 Did the Company publish the minutes of the General Meeting containing the resolutions, the description of the draft resolutions and any important questions and answers related to the draft resolutions within 30 days following the General Meeting? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.6.1.1 Do the Company’s publication guidelines cover the procedures for electronic, online disclosure? Yes. R 1.6.1.2 Does the Company design its by considering the aspects of disclosure and the information of investors? Yes. R 1.6.2.1 Does the Company have an internal publication policy in place which covers the processing the information listed in Section 1.6.2 of the Recommendations document? Yes. R 1.6.2.2 Do the internal regulations of the Company cover the methods for the assessment of events judged to be important for publication? Yes. R 1.6.2.3 Did the Board of Directors/Governing Board assess the efficiency of the publication processes? No. Explanation: the Company’s internal regulations on communication ensure that any information intended for publication is published as soon as possible on the Company’s website as well as in the places of mandatory publication prescribed by law. The shareholder is notified by the Board of Directors in the annual financial report.

20 R 1.6.2.4 Did the Company publish the findings of the efficiency assessment of the publication process? No. Explanation: the Company’s internal regulations on communication ensure that any information intended for publication is published as soon as possible on the Company’s website as well as in the places of mandatory publication prescribed by law. The shareholder is notified by the Board of Directors in the annual report. R 1.6.3 Did the Company publish its annual company event calendar? No. Explanation: since the Company is a single-member joint-stock company, no corporate events calendar has been drawn up. On the company website, market operators are notified of any major announcements (loan schemes and financing opportunities), financial statements, press releases, events and publications. Since the strategic objectives and main activities of MFB Zrt. are set out for the public in the MFB Act, any information for the public is only required in the case of a change in such objectives and activities. The Company's strategic objectives and their implementation are described in the annual report, which is published on the company website in Hungarian and English. R 1.6.4 Did the Company publish its strategy, business ethics and policies regarding other stakeholders? No. Explanation: Since the strategic objectives and main activities of MFB Zrt. are set out for the public by law (MFB Act), no specific information for the public needs to be published. The Company's strategic objectives and the implementation of these are described in the annual report, which is published on the company website. The major detailed conditions of the Company's main activities, the rules for credit products, their rules of procedure and the names of refinancing partners involved in the implementation of specific loan programmes are published on the company website on a continuous basis. The Company's Ethics Statement and the Anti-Corruption Policy adopted by the Board of Directors of MFB Zrt are available on the company website. R 1.6.5 Did the Company publish career information about Executive Board/ Board of Directors / Supervisory Board and management members in its annual report or on the company website? (If it wasn't published in the current year, but in the year of the election and only in the GM proposals (not on the website), then the answer is: YES) No. Explanation: The Company is not subject to such disclosure obligation. R 1.6.6 Did the Company publish all relevant information about the internal organisation and the operation of the Board of Directors / Governing Board and the Supervisory Board, about the work of the management, the assessments of these and the changes in the current year? No. Explanation: Due to the fact that the Company is privately held, it is not subject to such disclosure obligation. R 1.6.8 Did the Company publish its risk management guidelines and information about its system of internal controls, the main risks and the principles for their management? Yes. R 1.6.9.1 Did the Company publish its guidelines relating to the trading of its shares by insiders?

21 No. Explanation: The shares of the Company are non-negotiable and, therefore, no policies have been drawn up regarding the trading of shares. Members of the Board of Directors, the Supervisory Board and the management may not acquire an interest in the Company’s securities. There is no share-based incentive scheme. R 1.6.9.2 Did the Company disclose the share of the Board of Directors / Governing Board, Supervisory Board and management members in the securities issued by the Company in the annual report or in some other way? (If the above mentioned senior officers do not have any share the answer is: YES) No. Explanation: Members of the Board of Directors, the Supervisory Board and the management may not acquire shares in the company's securities. R 1.6.10 Did the Company publish the relationship of Board of Directors / Governing Board, Supervisory Board and management members may have with third parties which could affect the operation of the Company? No. Explanation: the conflict of interest rules concerning employees and members of the Board of Directors and the Supervisory Board are provided for in the MFB Act, the Hpt. Act and the Civil Code, whereas internal policies ensure compliance with such rules. R 2.1.1 Does the Company’s Articles of Association contain clear provisions regarding the responsibilities and competences of the General Meeting and the Board of Directors / Governing Board? No. Explanation: the Company is a single-member joint-stock company; matters under the competence of the supreme decision-making body are decided on by a founder’s resolution issued by the person exercising shareholder's rights, which is equivalent to a resolution of the shareholder’s meeting. The article of association contains clear provisions regarding the responsibilities of the founder and the Board of directors. R 2.2.1 Does the Board of Directors / Governing Board have a rules of procedure in place defining the organisational structure, the actions for arranging for and conducting the meetings and the tasks regarding the adopted resolutions, as well as other issues related to the operation of the Board of Directors / Governing Board? Yes. R 2.2.2 Does the Company publish the procedure used for nominating Executive Board/ Board of Directors members and the principles for determining their remuneration? No. Explanation: the Company is a single-member joint-stock company; matters under the competence of the shareholders’ meeting are decided upon by the person exercising shareholder's rights in writing, subject to the provisions applicable to the Company. The appointment, recall and discharge of members of the Board of Directors fall under the competence of the person exercising shareholder's rights. R 2.3.1 Does the Supervisory Board provide a detailed description of its operation and duties, as well as the administrative procedures and processes followed by it, in its rules of procedure and work plan?

22 Yes. R 2.4.1.1 Did the Board of Directors / Governing Board and the Supervisory Board hold meetings periodically at a predefined interval? Yes. R 2.4.1.2 Did the rules of procedure of the Board of Directors / Governing Board and the Supervisory Board provide rules for the conduct of meetings that cannot be planned in advance, and for decision-making using electronic telecommunications means? Yes. R 2.4.2.1 Did board members have access to the proposals to be presented at the meeting of the respective board at least five days prior to the meeting? Yes. R 2.4.2.2 Did the Company arrange the proper conduct of the meetings, the drawing up of the meeting minutes and management of the resolutions made by the Board of Directors / Governing Board and the Supervisory Board? Yes. R 2.4.3 Do the rules of procedure provide for the regular or ad hoc participation of non-board members at respective board’s meetings? Yes. R 2.5.1 Were the members of the Board of Directors / Governing Board and the Supervisory Board nominated and elected in a transparent process, and was the information about the candidates made public in due time before the General Meeting? (If there was no nomination and election the answer is: YES) No. Explanation: the Company is a single-member joint-stock company; matters under the competence of the shareholders’ meeting are decided upon by the person exercising shareholder's rights in writing, subject to the provisions applicable to the Company. The appointment, recall and discharge of members of the Board of Directors and the Supervisory Board and determining the remuneration of the members and Chair of the Board fall under the competence of the person exercising shareholder's rights. A 2.5.2 Does the composition and size of the boards comply with the principles set out in Section 2.5.2 of the Recommendations? Yes. A 2.5.3 Did the Company ensure that the newly elected Board of Directors / Governing Board and Supervisory Board members became familiar with the structure and operation of the Company and their tasks were carried out as members of the respective boards? (If there was no newly elected member in the current year: YES)

23 Yes. R 2.6.1 Did the Governing Board / Supervisory Board request (in the context of preparing the annual corporate governance report) its members considered to be independent to confirm their independence at regular intervals? (If there is no independent member the answer is: YES) No. Explanation: The Board of Directors does not request its members, considered to be independent, to confirm their independence at regular intervals. R 2.6.2 Does the Company provide information about the tools which ensure that the Board of Directors / Governing Board assesses objectively the management’s activities? No. Explanation: The Company is a single-person joint-stock company, where the Board of Directors is responsible for monitoring the management’s performance. Fees are determined by the person exercising employer’s rights. The employer’s rights over the CEO are exercised by the Minister exercising the government’s exclusive shareholder’s (owner’s) rights. The Minister decides on the selection, appointment, recall and discharge of the members of the Board of Directors, members and the Chair of the Supervisory Board, members of the Audit Committee and the Chief Executive Officer. R 2.6.3 Did the Company publish its guidelines concerning the independence of its Governing Board / Supervisory Board members and the applied independence criteria on its website? No. Explanation: On its website, the Company does not specifically publish the guidelines concerning the independence of the Board of Directors and the Supervisory Board and the relevant independence criteria, as they are provided for in the Hpt. Act, the Civil Code, the MFB Act and the Kgtv. Act. R 2.6.4 Does the Supervisory Board of the Company have any members who has held any position in the Board of Directors or in the management of the Company in the previous five years, not including cases when they were involved to ensure employee participation? No. Explanation: One of the members of the Supervisory Board was a member of the Executive Board for a short period from 17.01.2024 to 18.03.2024 without exercising the right of representation. The extremely short duration of membership of the Executive Board do not substantially affect the performance of the functions of the Supervisory Board. R 2.7.1 Did members of the Board of Directors / Governing Board inform the Board of Directors / Governing Board and (if applicable) the Supervisory Board (or the Audit Committee if a uniform governance system is in place) if they, or individuals they have business relations with, or their relatives have interest in any business transactions of the Company (or any subsidiaries thereof) which excludes their independence? (If there was no such transaction the answer is: YES) Yes. R 2.7.2 Were transactions and assignments between members of boards/ members of the management/individuals closely associated with them and the Company/subsidiaries of the Company carried out in accordance with the Company’s general business practice but applying more stringent transparency rules compared to general business practice, and were

24 they approved? (If there was no such transaction the answer is: YES) Yes. R 2.7.3 Did board members inform the Supervisory Board / Audit Committee (Nominating Committee) if they had received an appointment for board membership or management position of a company not belonging to the Company Group? (If there was no such appointment, the answer is YES) No. Explanation: members of the Company’s Board of Directors and Supervisory Board may only be executive officers or Supervisory Board members as specified by the MFB Act. When they are elected, members must issue a statement on their existing status as an executive officer and their Supervisory Board membership, and must notify the competent organisational unit of the Company of any change to such status in accordance with MFB Zrt.’s relevant policy. R 2.7.4 Did the Board of Directors / Governing Board develop guidelines for the flow of information and the management of insider information within the Company, and monitor compliance with them? Yes. R 2.8.1 Did the Company create an independent internal audit function that reports directly to the Audit Committee / Supervisory Board? Yes. R 2.8.2 Does Internal Audit have unrestricted access to all information necessary for carrying out audits? Yes. R 2.8.3 Did shareholders receive information about the operation of the system of internal controls? Yes. R 2.8.4 Does the Company have a function ensuring compliance (compliance function)? Yes. R 2.8.5.1 Is the Board of Directors / Governing Board or a committee operated by it responsible for the supervision and management of the entire risk management of the Company? Yes. R 2.8.5.2 Did the relevant organisation of the Company and the General Meeting received information about the efficiency of the risk management procedures? (If such information has been received by the relevant organisation or the GM, but not in the current year, the answer is: YES)

25 Yes. R 2.8.6 With the involvement of the relevant areas, did the Board of Directors / Governing Board develop the basic principles of risk management taking into account the special idiosyncrasies of the industry and the Company? Yes. R 2.8.7 Did the Board of Directors / Governing Board define the principles for the system of internal controls to ensure the management and control of the risks affecting the Company’s activities as well as the achievement of its performance and profit objectives? Yes. R 2.8.8 Did internal control systems functions report about the operation of internal control mechanisms and corporate governance functions to the competent board at least once a year? Yes. R 2.9.2Did the Board of Directors / Governing Board invite the Company’s auditor in an advisory capacity to the meetings on financial reports? Yes.

26 Level of compliance with proposals P 1.1.3 Does the Company’s Articles of Association provide an opportunity for shareholders to exercise their voting rights also when they are not present in person? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. P 1.2.4 Did the Company determine the place and time of General Meetings initiated by shareholders by taking the initiating shareholders’ proposal into account? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. P 1.2.5 Does the voting procedure used by the Company ensure a clear, unambiguous and fast determination of voting results, and in the case of electronic voting, also the validity and reliability of the results? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. P 1.3.1.1 Were the Board of Directors/Governing Board and the Supervisory Board represented at the General Meeting? No. Explanation: While the Company has no shareholders’ meeting, the Board of Directors and the Supervisory Board submit their opinion on the founder’s resolutions issued by the person exercising shareholder’s rights. P 1.3.1.2 In the event the Board of Directors/Governing Board and the Supervisory Board was absent, was it disclosed by the Chairman of the General Meeting before discussion of the agenda began? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. P 1.3.2.1 The Articles of Association of the Company did not preclude any individuals from receiving an invitation to the General Meetings of the Company at the initiative of the Chairman of the Board of Directors/Governing Board and being granted the right to express their opinion and to add comments there if that person’s presence and expert opinion is presumed to be necessary or help provide information to the shareholders and help the General Meeting make decisions. (Answer Yes, if not) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting.

27 P 1.3.2.2 The Articles of Association of the Company did not preclude any individual from receiving an invitation to the General Meetings of the Company at the initiative of shareholders requesting to supplement the agenda items of the General Meeting and from being granted the right to express their opinion and to add comments there. (Answer Yes, if not) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. P 1.3.6 Does the annual report of the Company prepared as specified in the Accounting Act contain a brief, easy-to-understand and illustrative summary for shareholders, including all material information related to the Company’s annual operation? Yes. P 1.4.1 In line with Section 1.4.1, did the Company pay dividend within 10 working days to those of its shareholders who had submitted all the necessary information and documents? No. Explanation: no dividends were paid by the Company. P 1.6.11 Did the Company publish its information in English as well, in line with the provisions of Section 1.6.11? Yes P 1.6.12 Did the Company inform its investors about its operation, financial situation and assets on a regular basis, but at least quarterly? No. Explanation: Based on the provisions of Act CXX of 2001 on capital market MFB Zrt. is not obliged to prepare a half-yearly report, therefore the Bank’s investors can find out about the operation, financial and property status of MFB Zrt. from the annual audited individual and consolidated reports – regularly published on the Bank’s websites and in the places of mandatory publication – and from the half-yearly unaudited, non-consolidated financial statements. P 2.9.1 Does the Company have in place internal procedures regarding the use of external advisors and outsourced activities? Yes.

www.mfb.hu/eng I mfb@mfb.hu Company registration number: 01-10-041712 Address: 31. Nádor Street 1051 Budapest Pone: +36 1 428 1400 Budapest Metropolitan Court as Court of Registration Postal address: 678 P.O.B. 1365 Budapest Fax: +36 1 428 1490 DECLARATION Here we provide you the annual report of MFB Hungarian Development Bank Private Limited Company (hereinafter: “Bank” or “MFB Zrt.”) for the year 2024. On behalf of MFB Zrt., we hereby declare that the annual financial statements for the year 2024, prepared in accordance with International Financial Reporting Standards as adopted by the EU contain true data and statements, and do not fail to disclose any fact that may be of relevance for assessing the financial position of the Bank. The financial statements for the year 2024, prepared in accordance with the applicable accounting standards and to our best knowledge, give a true and fair view of the assets, liabilities, financial position and profit of the Bank, and the consolidated management report gives a fair view of the position, development and performance of the Bank, together with a description of the principal risks and uncertainties that they face. The Bank has prepared its annual financial statements in the format prescribed by the COMMISSION DELEGATED REGULATION (EU) 2019/815 of 17 December 2018 on supplementing Directive 2004/109/EC of the European Parliament and of the Council with regard to regulatory technical standards on the specification of a single electronic reporting format (hereinafter: “ESEF”). The digitally signed version of the annual financial statements available for inspection at the Bank's registered office (H-1051 Budapest, Nádor utca 31., Hungary), and can be downloaded from the official website of MFB Zrt. at the following link: https://www.mfb.hu/en/reports-s2012 Budapest, 8 April 2025 Bence Gergely Katona Dániel Csányi Chairman and Chief Executive Officer Managing Director

MFB HUNGARIAN DEVELOPMENT BANK PRIVATE LIMITED COMPANY Annual Stand-alone Financial Statements in accordance with International Financial Reporting Standards as adopted by the EU 31 December 2024

Table of contents Annual Stand-alone Financial Statements Stand-alone Statement of Financial Position......................................................................... 1 Stand-alone Income Statement .............................................................................................. 3 Stand-alone Statement of Other Comprehensive Income ..................................................... 4 Stand-alone Statement of Changes in Shareholder’s equity.................................................. 5 Stand-alone Statement of Cash Flows ................................................................................... 6 Notes to the Stand-alone Annual Financial Statements: 1. Principal activities ................................................................................................................. 8 2. Basis of preparation ............................................................................................................... 9 3. Material accounting policies................................................................................................ 12 a) Foreign currency transactions ..................................................................................................................................... 12 b) Financial assets and liabilities..................................................................................................................................... 12 i. Recognition .................................................................................................................................................................. 12 ii. Derecognition .............................................................................................................................................................. 14 iii. Measurement ............................................................................................................................................................... 16 iv. Classification ............................................................................................................................................................... 17 v. Amortized cost measurement ....................................................................................................................................... 17 vi. Impairment of financial assets ..................................................................................................................................... 18 vii. Collateral valuation ..................................................................................................................................................... 21 viii. Write-offs ............................................................................................................................................................... 22 ix. Forborne and modified loans ....................................................................................................................................... 22 c) Leasing ........................................................................................................................................................................ 23 d) Impairment of non-financial assets .............................................................................................................................. 24 e) Cash and cash equivalents ........................................................................................................................................... 25 f) Loans and advances to banks and to customers ........................................................................................................... 25 g) Securities ..................................................................................................................................................................... 25 h) Encumbered assets....................................................................................................................................................... 26 i) Investments in subsidiaries and associates .................................................................................................................. 26 j) Derivative financial instruments .................................................................................................................................. 26 k) Hedge accounting ........................................................................................................................................................ 27 l) Bonds issued ................................................................................................................................................................ 28 m) Provisions .................................................................................................................................................................... 28 n) Offsetting ..................................................................................................................................................................... 28 o) Commitments and contingencies .................................................................................................................................. 28 p) Interest income and expense ........................................................................................................................................ 29 q) Fee and commission income and expense .................................................................................................................... 30 r) Current and other taxes ............................................................................................................................................... 30 s) Events after the reporting period ................................................................................................................................. 32 t) New or modified standards and interpretations ........................................................................................................... 32 4. Cash, cash balances at the central Banks and other demand deposit................................... 34 5. Non-trading financial assets mandatorily at fair value through profit or loss ..................... 34 6. Financial assets at fair value through other comprehensive income ................................... 36 7. Financial assets at amortized cost........................................................................................ 37 7.1 Loans ................................................................................................................................. 38 7.1.1 Information on payment relief programs provided in view of the emergency situation 40 7.2 Debt securities ................................................................................................................... 42 7.3 Deposits at central and other banks ................................................................................... 43 7.4 Other financial assets......................................................................................................... 44 8. Investments in subsidiaries and associates .......................................................................... 44 9. Derivatives........................................................................................................................... 46 10. Hedge accounting .............................................................................................................. 47 11. Property plant and equipment ............................................................................................ 50 12. Intangible assets ................................................................................................................ 52 13. Other assets........................................................................................................................ 52 14. Receivables on the State due to currency-hedging agreement .......................................... 54 15. Financial liabilities measured at amortized cost ................................................................ 55 15.1. Debt securities issued ..................................................................................................... 56 16. Provisions .......................................................................................................................... 59 17. Other liabilities .................................................................................................................. 59 18. Share capital, share premium and valuation reserve ......................................................... 60

19. Other reserves .................................................................................................................... 63 20. Contingent liabilities, Commitments ................................................................................. 63 21. Net interest income ............................................................................................................ 64 22. Dividend income ............................................................................................................... 65 23. Net fee and commission income / expenses ...................................................................... 65 24. Gains or (-) losses on financial assets and liabilities held for trading, net ........................ 65 25. Gains or (-) losses on non-trading financial assets mandatorily at fair value through profit or loss, net................................................................................................................................ 65 26. Other Operating income/expenses ..................................................................................... 66 27. General and administrative expenses ................................................................................ 66 28. Provisions or (-) reversal of provisions ............................................................................. 67 29. Impairment (-) or reversal of impairment of financial instruments ................................... 68 30. Impairment or (-) reversal of impairment of investments in subsidiaries and associates .. 76 31. Taxation ............................................................................................................................. 76 32. Related parties ................................................................................................................... 79 33. Segment reporting ............................................................................................................. 81 34. Financial risk management ................................................................................................ 84 A. Credit risk .................................................................................................................................................................... 88 B. Liquidity risk .............................................................................................................................................................. 113 C. Market risks ............................................................................................................................................................... 116 D. Operational risk ......................................................................................................................................................... 120 E. Capital management .................................................................................................................................................. 121 F. Fair value .................................................................................................................................................................. 123 35. Offsettings ....................................................................................................................... 130 36. Maturity table .................................................................................................................. 132 37. Exercising Owner’s rights ............................................................................................... 133 38. Events after the reporting period ..................................................................................... 135

MFB Hungarian Development Bank Private Limited Company Statement of Stand-alone Financial Position – 31 December 2024 (amounts presented in million HUF) The accompanying notes to annual financial statements form an integral part of these annual financial statements 1 ASSETS Notes 31.12.2024 31.12.2023 Cash, cash balances at central banks and other demand deposits 4 70 053 400 036 Financial assets held for trading 9 24 136 2 715 Derivatives 24 136 2 715 Non-trading financial assets mandatorily at fair value through profit or loss 5 777 444 638 196 Debt securities 748 246 603 156 Loans 29 198 35 040 Loans to customers 1 404 3 790 Loans to banks 27 794 31 250 Financial assets at fair value through other comprehensive income 6 27 976 51 624 Of which assets encumbered 932 890 Equity instruments 611 570 Debt securities 27 365 51 054 Financial assets at amortized cost 7 2 056 766 1 794 576 Of which assets encumbered 245 985 302 255 Debt securities 435 366 436 980 Loans 1 600 324 1 314 303 Loans to customers 1 416 695 1 236 012 Loans to banks 183 629 78 291 Other financial assets 1 048 23 033 Deposits at central and other banks 20 028 20 260 Derivatives – Hedge accounting 9, 10 7 810 7 831 Fair value changes of the hedged items in portfolio hedge of interest rate risk 10 12 580 11 550 Investments in subsidiaries and associates 8 580 160 433 214 Property, plant and equipment 11 4 551 4 535 Intangible assets 12 6 888 6 462 Tax assets 299 673 Current tax assets 299 673 Deferred tax assets 0 0 Other assets 13 33 595 23 841 Receivables from the state due to currency- hedging agreement 14 190 120 166 085 TOTAL ASSETS 3 792 378 3 541 338

MFB Hungarian Development Bank Private Limited Company Statement of Stand-alone Financial Position – 31 December 2024 (amounts presented in million HUF) The accompanying notes to annual financial statements form an integral part of these annual financial statements 2 LIABILITIES Notes 31.12.2024 31.12.2023 Financial liabilities held for trading 9 685 8 508 Derivatives 685 8 508 Financial liabilities measured at amortized cost 15 2 999 397 2 818 041 Customer deposits 87 365 111 256 Loan from banks 1 215 089 933 746 Debt securities issued 15.1 1 685 316 1 762 504 Other financial liabilities 11 627 10 535 Derivatives – Hedge accounting 9, 10 22 552 14 187 Provisions 16 13 469 6 246 Tax liabilities 31 67 88 Current tax liabilities 0 0 Deferred tax liabilities 67 88 Other liabilities 17 120 653 65 453 TOTAL LIABILITIES 3 156 823 2 912 523 Share capital 18 519 900 519 900 Share premium 18 81 870 81 870 Valuation reserve (559) (1 063) Retained earnings 32 413 26 816 Other reserves 19 1 931 1 292 TOTAL EQUITY 635 555 628 815 TOTAL EQUITY AND LIABILITIES 3 792 378 3 541 338 Budapest, 8 April 2025 Bence Gergely Katona Dániel Csányi Chairman and Chief Executive Officer Managing Director

MFB Hungarian Development Bank Private Limited Company Stand-alone Income Statement - 31 December 2024 (amounts presented in million HUF) The accompanying notes to annual financial statements form an integral part of these annual financial statements 3 Notes 2024 2023 Interest income calculated using the effective interest method 132 403 127 265 Other similar income 66 596 80 456 Interest expenses (197 851) (194 020) Net interest income 21 1 148 13 701 Dividend income 22 8 392 8 019 Fee and commission income 6 430 5 467 Fee and commission expenses (1 052) (982) Net Fee and commission income 23 5 378 4 485 Gains or (-) losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net 372 60 Gains or (-) losses on financial assets and liabilities held for trading, net 24 27 947 (6 420) Gains or (-) losses on non-trading financial assets mandatorily at fair value through profit or loss, net 25 39 508 22 305 Gains or (-) losses from hedge accounting, net 10 (2 677) (1 743) Exchange differences [gain or (-) loss], net (23 763) 7 711 Gains or (-) losses on derecognition of non- financial assets, net (4) 2 Other operating revenue and income 26 13 696 7 842 Total operating income 69 997 55 962 Salaries and employee benefits (11 813) (9 096) Other administrative expenses (5 838) (4 625) Administrative expenses 27 (17 651) (13 721) Depreciation (1 431) (1 340) Other operating expenses 26 (13 695) (12 866) Contract modification loss, net 7.1.1 (271) (3 230) Impairment (-) or reversal of impairment of financial instruments 29 (24 142) (10 198) Impairment (-) or reversal of impairment of investments in subsidiaries and associates 30 (6 027) (11 720) Impairment (-) or reversal of impairment of non-financial instruments 0 0 Profit before tax 6 780 2 887 Tax expense related to profit or loss 31 (392) (542) Profit for the year 6 388 2 345

MFB Hungarian Development Bank Private Limited Company Statement of Stand-alone Other Comprehensive Income - 31 December 2024 (amounts presented in million HUF) The accompanying notes to annual financial statements form an integral part of these annual financial statements 4 Notes 2024 2023 Profit for the year 6 388 2 345 Other comprehensive income 18 504 4 829 Items that will not be reclassified to profit or loss 37 (24) Change in far value of equity instruments at fair value through other comprehensive income 41 (26) Tax impact of items that will not be reclassified to profit and loss (4) 2 Items that may be reclassified to profit or loss 467 4 853 Debt instruments at fair value through other comprehensive income 430 4 942 Fair value change 430 4 942 Profit recognized in the income statements 0 0 Tax impact of items that will be reclassified to profit and loss 37 (89) Total comprehensive income for the year 6 892 7 174

MFB Hungarian Development Bank Private Limited Company Statement of Stand-alone Changes in Shareholder’s Equity - 31 December 2024 (amounts presented in million HUF) The accompanying notes to annual financial statements form an integral part of these annual financial statements 5 Share Capital Share premium Other Reserves Retained earnings Valuation reserve Total Notes 18 18 19 18 Balance on 1st January 2023 519 900 81 870 1 058 24 705 (5 892) 621 641 Profit for the year 2 345 2 345 Other comprehensive income 4 829 4 829 Total comprehensive income 2 345 4 829 628 815 General reserve allocation 19 234 (234) 0 Balance on 31st December 2023 519 900 81 870 1 292 26 816 (1 063) 628 815 Profit for the year 6 388 6 388 Other comprehensive income 504 504 Total comprehensive income 6 388 504 635 707 General reserve allocation 19 639 (639) 0 Distribution to owner 18 (152) (152) Balance on 31st December 2024 519 900 81 870 1 931 32 413 (559) 635 555

MFB Hungarian Development Bank Private Limited Company Statement of Stand-alone Cash Flows - 31 December 2024 (amounts presented in million HUF) The accompanying notes to annual financial statements form an integral part of these annual financial statements 6 Notes 2024 2023 Operating cash flow Profit/(loss) before tax 6 780 2 887 Adjustments to profit before tax Depreciation and amortization 1 431 1 340 Fair valuation impact 9, 10 (61 209) (14 146) Net profit/loss on sale of non-financial instruments (4) (2) Net interest income 21 (1 148) (13 701) Dividend income 22 (8 392) (8 019) Change in provisions 6 478 1 783 Change in impairment 12 397 20 231 Operating cash flow (43 667) (9 627) Decrease/(increase)) in operating assets Non-trading financial assets mandatorily at fair value through profit or loss (100 251) (207 890) Financial assets at fair value through other comprehensive income 26 027 15 439 Financial assets at amortized cost, except debt securities (267 898) (4 011) Other assets (15 160) 1 932 Receivables from the State due to currency-hedging agreement 14 (24 035) 15 954 Increase/(decrease) in operating liabilities Financial liabilities measured at amortized cost, except issued bonds 258 763 198 636 Other liabilities 153 032 (5 738) Actual cash flow movements Interest received 192 013 204 175 Dividend received 22 8 392 8 019 Interest paid (185 032) (194 310) Income tax paid (678) (1 224) Net cash provided by/ (used in) operating activities 1 506 21 355

MFB Hungarian Development Bank Private Limited Company Statement of Stand-alone Cash Flows - 31 December 2024 (amounts presented in million HUF) The accompanying notes to annual financial statements form an integral part of these annual financial statements 7 Notes 2024 2023 Cash flow from investing activities Payments for debt securities held at amortized cost 7.2 (62 974) (20 742) Proceeds from debt securities held at amortized cost 7.2 70 769 14 888 Investments in subsidiaries and associates (149 858) (103 081) Proceeds from sale of investments in subsidiaries and associates 0 0 Payments for property, plant and equipment and intangible assets (1 881) (1 914) Proceeds from sale of property, plant and equipment 1 5 Net cash (used in) / provided by investing activities (143 943) (110 844) Cash flow from financing activities Capital increase 18 0 0 Proceeds from bond issuance 15.1 145 907 723 986 Repayments for issued bond at maturity 15.1 (333 295) (330 363) Finance lease liability payments (158) (134) Net cash provided by financing activities (187 546) 393 489 Gross change in cash and cash equivalents (329 983) 304 000 Cash and cash equivalents on 1st January 4 400 038 96 038 Cash and cash equivalents on 31st December 4 70 055 400 038

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 8 1. PRINCIPAL ACTIVITIES MFB Hungarian Development Bank Private Limited Company (herein after: “Bank” or “MFB Zrt.”) is registered as a single, stock company under Hungarian law and is licensed to conduct specialized banking activities. The legal status, the role, and the activities of the Bank are regulated by Act XX of 2001 on Hungarian Development Bank Ltd. (herein after: “MFB Act.”), Act CCXXXVII of 2013 on Credit Institutions and Financial Enterprises (herein after: “Hpt.”), and the Articles of Association. MFB Zrt. is responsible for providing the necessary development resources to achieve the economic development objectives set out in the Government's medium- and long-term economic strategy, partly independently and partly in cooperation with other domestic and international organizations in the following activities: a) the sourcing and mediation of medium and long term domestic and foreign funding and subsidies to achieve economic development aims; b) loan and capital financing of investments in connection with – from a national economic aspect – preferential cases, and other state or local government developments and investments, and other developments and investments in connection or for the enlargements of these; c) financing loans and capital for companies resident in Hungary – primarily small and medium- sized enterprises sector –, holding funds established by law, agricultural businesses and farmers, d) the financial execution of state and local government developments and investments related to EU membership, and the Bank participates in tasks related to the drawing of European Community funds (including mediation of subsidies and sourcing and mediation of resources from international economic or financial institutions); e) attend in tasks related to state, communal and international development disbursements (especially management of mediation and use of development disbursements and subsidies, attend in relating contributory tasks, settlement and valuation of used disbursements); f) the mediation of EU funds and in connection with this, loan and equity financing, providing guarantee and surety; g) the exercising of owners’ rights in the name of the Hungarian State, and in case of State owned companies participate in the realization of significant developments, investments, expansion, increasing of effectiveness and improvement of competitiveness and other roles defined in the MFB Act. (see Note 37) to ensure sufficient development funding to achieve the economic development aims determined by the Government’s medium- and long-term economic strategy. MFB Zrt. as the implementing body of the fund of funds, manages the implementation tasks delegated by the managing authority in connection with the financial instruments considering the principles of an efficient and effective financial management. The management of the implementation of the financial instruments are as follows: • Programming – The MFB Zrt. in cooperation with the Ministry of Public Administration and Regional Development and the managing authority, compilesfinancial programs based on market research and if it’s needed modifies the existing programs. • Tendering – The MFB Zrt. invites potential financial intermediaries for an open call tender. • Selecting – The MFB Zrt. manages the process of the selection of the financial intermediaries. • Contracting – The MFB Zrt. is contracting with the selected financial intermediaries. • Operating - The MFB Zrt ensures the continuous and uninterrupted operation of the financial programs, controls the contractual fulfillment of the financial intermediaries. Continuously measures the operation of the programs and if it’s needed takes suggestions for the modification of the conditions of the program.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 9 • Closing – The MFB Zrt. accounts with the financial intermediaries during the closing process. The Bank’s registered office is located at Nádor street 31, 1051 Budapest, Hungary. The Bank operates in Hungary. The Bank’s website address is www.mfb.hu. The Hungarian State has a 100% ownership share in the Bank. As of the State, as a shareholder, is represented by the minister responsible for national economy. The Bank is obliged to have its annual financial statements audited. The details of the auditor are as follows: Gabriella Gábor registered auditor Registration number: 007036 Forvis Mazars Korlátolt Felelősségű Társaság Fiastyúk street 4-8. 2.floor, Budapest 1139. Firm registration number: 000220 The person in charge to direct and manage the related accounting services Krisztina Sulyok director Chartered accountant registration number: 006660 Those entitled to sign the annual financial statements Bence Gergely Katona Chairman and Chief Executive Officer (13. Országház Street Budapest 1014) and Dániel Csányi Managing Director (12/A. Mikes Street, Jászárokszállás, 5123) 2. BASIS OF PREPARATION Statement of compliance These annual financial statements were prepared in accordance with International Financial Reporting Standards (“IFRS”) issued by the International Accounting Standards Board (“IASB”) as adopted by the EU and interpretations issued by the International Financial Reporting Interpretations Committee (“IFRIC) as adopted by the EU and in accordance with the provisions of act C of 2000 on accounting in force in Hungary for companies preparing their annual accounts under IFRS. These Annual Financial Statements were approved by the Board of Directors on 8th April 2025. The Bank is required to prepare its consolidated financial statements in accordance with EU IFRSs. The Consolidated Financial Statements of the Bank prepared in accordance with EU IFRSs for 2024 - which are also the statutory consolidated financial statements of the Bank –were both approved by the Board of Directors on 8th April 2025. The Bank’s consolidated and separate financial statements will be published on the same day.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 10 Basis of measurement As of the preparation of these annual financial statements, the Bank presents assets and liabilities at amortised cost or historical cost, with the exception of those that were measured at fair value. The Bank measures the following assets and liabilities at their fair value: • derivative financial instruments, • financial assets or liabilities measured at fair value through profit or loss, and • financial assets at fair value through other comprehensive income. The carrying values of recognised assets and liabilities that are designated as hedged items in fair value hedges that would otherwise be carried at amortised cost are adjusted to recognise changes in the fair values attributable to the risks that are being hedged in effective hedge relationships. Functional currency Items included in the annual financial statements are measured using Hungarian Forint, the currency of the primary economic environment in which the Bank operates (‘the functional currency’). These annual financial statements are presented in Hungarian Forints rounded to the nearest million (“HUF million”). Foreign exchange rates used in these annual financial statements were the following: 31 December 2024 31 December 2023 (HUF) (HUF) EUR 410.09 382.78 USD 393.60 346.44 JPY 2.5126 2.4414 GBP 494.16 440.19 PLN 95.97 88.04 CHF 435.45 412.28 CZK 16.30 15.48 Reporting period These annual financial statements are prepared for the reporting period between 1st January 2024 and 31st December 2024. Use of estimates and judgements The preparation of the Bank’s annual financial statements requires management to make judgements, estimates and assumptions that affect the reported amount of income, expenses, assets and liabilities, and the accompanying disclosures, as well as the disclosure of contingent liabilities. Uncertainty about these assumptions and estimates could result in outcomes that require a material adjustment to the carrying amount of assets or liabilities affected in future periods. In the process of applying the Bank’s accounting policies, management has made the following judgements and assumptions concerning the future and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. Existing circumstances and assumptions about future developments may change due to circumstances beyond the Bank’s control and are reflected in the assumptions if and when they occur. Items with the most significant effect on the amounts recognized in the annual financial statements with substantial management judgement and/or estimates are summarized below with respect to judgements/estimates involved.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 11 Impairment The measurement of impairment losses under IFRS 9 across all categories of financial assets requires judgement, in particular, the estimation of the amount and timing of contractual future cash flows and collateral values when determining impairment losses and the assessment of a significant increase in credit risk. These estimates are driven by several factors, in which changes can result in different levels of allowances. The Bank’s expected credit loss calculations (ECL) are the outputs of complex models with several underlying assumptions regarding the choice of variable inputs and their interdependencies. Elements of the ECL models that are considered accounting judgements and estimates include: • The Bank’s internal credit rating model, which assigns default probability to each rating category. • The Bank’s criteria for assessing if there has been a significant increase in credit risk and thus allowances for financial assets should be measured on a lifetime expected credit loss basis and the qualitative assessment. • Development of ECL models, including different ones: formulas, relationships between macroeconomic scenarios and economic inputs, collateral values; Impact on the probability of defaults, expected exposures at defaults and loss given defaults. As per the actual loss figures, the Bank regularly reviews its models and adjust when necessary. For further details please see Note 3. b) vi) and Note 34. Fair value The fair value of financial instruments is the price at which an asset can be sold or at which a liability can be transferred in the principal (or most advantageous) market at the valuation date under current market conditions (i.e., an exit price) regardless of whether that price is directly observable or estimated using another valuation technique. When the fair values of financial assets and financial liabilities recorded in the statement of financial position cannot be derived from active markets, they are determined using a variety of valuation techniques that include the use of valuation models. The inputs to these models are taken from observable markets where possible, but where this is not feasible, estimation is required in establishing fair values. The estimates include considerations on liquidity and other input parameters used within the models including credit risk (both own and counterparty), funding value adjustments and aspects of correlation and volatility. For further details about determination of fair value please see Note 34. Legal risk The Bank operates in a regulatory and legal environment that, by nature, has an element of litigation risk inherent to its transactions. As a result, it is involved in various litigation, arbitration and regulatory investigations and proceedings arising in the ordinary course of the Bank’s business. When the Bank can reliably measure the outflow of economic benefits in relation to a specific case and considers such outflows to be probable, the Bank records a provision for the case. Where the probability of outflow is considered to be remote, or probable, but a reliable estimate cannot be made, a contingent liability is disclosed. Given the subjectivity and uncertainty of determining the probability and amount of losses, the Bank considers several factors including legal advice, the stage of the matter and historical evidence from similar incidents. Significant judgement is required to conclude these estimates. For further details on provisions please see Note 16. The effects of the war emergency The war emergency affected many areas of the economy, in response to which each country has made its own economic aid and recovery packages and laws. The Bank assessed the impact on its own activities and on the activities of its clients and took them into account where it considered it necessary. The Bank’s management assessed its ability to sustainably continue the operation of the business and concluded that it has the resources necessary to continue business activities for the foreseeable future. Furthermore, management is not aware of any material uncertainties that may

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 12 cast significant doubt on the Bank’s ability to continue as a going concern. Therefore, the financial statements continue to be prepared on the going concern basis. For further details about the measures taken due to the war emergency see Note 34. 3. MATERIAL ACCOUNTING POLICIES a) Foreign currency transactions Foreign currency transactions are converted by the Bank into the functional currency using the exchange rates of the National Bank of Hungary (NBH) as at the transaction dates . Foreign exchange gains and losses resulting from the settlement of such transactions and from the conversion at year- end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognized in the income statement, except cash flow hedges and net investment hedges, which are recognized in other comprehensive income and accumulated in reserves in equity. Monetary assets and liabilities denominated in foreign currencies at the reporting date are converted to HUF at the foreign exchange rates quoted by the National Bank of Hungary at that date. Non-monetary items that are measured based on historical cost in a foreign currency are translated at the exchange rate at the date of the transaction. Non-monetary assets and liabilities that are measured at fair value in a foreign currency are translated into the functional currency at the exchange rate when the fair value is determined. b) Financial assets and liabilities Financial assets and liabilities, except for derivative financial instruments are initially recognized by the Bank on the settlement date, i.e., the date that the Bank transfers the instrument. This includes regular purchases or sales of financial assets that require delivery of assets within the time frame generally established by regulation or convention in the marketplace. Derivative instruments are recognized on trade date when the Bank becomes a party of the contractual provisions of the instruments. i. Recognition The Bank only measures its “financial assets at amortized cost” if both of the following conditions are met: • the financial asset is held within a business model with the objective to hold financial assets to collect contractual cash flows • the contractual terms of the financial asset on specified dates result in cash flows that are solely payments of principal and interest (hereinafter referred to “SPPI”) on the principal amount outstanding. The details of these conditions are outlined below. The Bank classifies the following instruments in the FVOCI financial instruments category: • equity instruments that have been marked in this way at initial recognition; • debt instruments for which, as a result of the business model test, it has been established that the business model is intended to collect contractual cash flows related to the debt instrument and at the same time to sell financial instruments, and as a result of the SPPI test, the contractual terms of the financial instrument at specified times result in cash flows that are only payments of principal and interest on outstanding principal amounts. Business model assessment The Bank determines its business model at the level that best reflects how it manages groups of financial assets to achieve its business objective.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 13 The Bank’s business model is not assessed on an instrument-by-instrument basis, but at a higher level of aggregated portfolios and is based on observable factors such as: • how the performance of the business model and the financial assets held within that business model are evaluated and reported to the entity’s key management personnel • the risks that affect the performance of the business model (and the financial assets held within that business model) and, in particular, the way those risks are managed • how managers of the business are compensated (for example, whether the compensation is based on the fair value of the assets managed or on the contractual cash flows collected) • the expected frequency, value and timing of sales are also important aspects of the Bank’s assessment The business model assessment is based on reasonably expected scenarios without taking ‘worst case’ or ‘stress case’ scenarios into account. If cash flows after initial recognition are realized in a way that is different from the Bank’s original expectations, the Bank does not change the classification of the remaining financial assets held in that business model, but incorporates such information when assessing newly originated or newly purchased financial assets going forward. The Bank included its full loan portfolio in the “held to collect” business model, since its primary objective is to collect capital and interest cash flows. Those securities which are held to maintain the long-term liquidity or which has been deposited (pledged) behind credit programs, were classified in the “held to collect” business model, while the securities which used for shorter liquidity purposes were classified into “held to collect and sale” business model. The Bank does not have any securities in the “held for sale” category, given its operational specialities, thus this business model category is irrelevant. SPPI test As a second step of its classification process, the Bank assesses the contractual terms of its financial assets to identify whether they meet the criteria of the SPPI test. The Bank must consider the contractual terms of the financial instruments to be able to determine whether the contractual cash flows consist solely of capital and interest payments. This implies an assessment of whether the financial instrument is linked to such a contractual condition based on which the amount of the contractual cash flows or the timing of those may ultimately not pass the SPPI test. The SPPI test is carried out at instrument level (one by one) and, where applicable, at the level of the homogenous products (combined). The most important elements of the interest included in the loan agreement are the time value of money, the costs incurred by the Bank and the credit risk. To perform the SPPI assessment, the Bank applies judgement and considers relevant factors such as the currency in which the financial asset is denominated, and the period for which the interest rate is set. In contrast, contractual terms that introduce a more than de minimis exposure to risks or volatility in the contractual cash flows that are unrelated to a basic lending agreement do not give rise to contractual cash flows that are solely payments of principal and interest on the amount outstanding. In such cases, the financial asset is required to be measured at Fair Value through Profit and Loss (hereafter referred to as “FVTPL”). The classification of financial instruments at initial recognition depends on their contractual terms and the business model for managing the instruments. Financial instruments are initially measured at their fair value. Except for financial assets and financial liabilities measured at fair value through profit and loss (FVTPL), transaction costs are added to (in case of financial assets) or subtracted from (in case of financial liabilities), this amount. Trade receivables are measured at the transaction price. When the fair value of financial instruments at initial recognition differs from the transaction price, the Bank accounts for the day one profit or loss, as described below.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 14 When the transaction price of the instrument differs from the fair value at origination and the fair value is based on models for which some of the inputs are not observable, the difference between the transaction price and the fair value is deferred as a gain or loss only to the extent that it arises from a change in a factor (including time) that market participants would take into account when pricing the asset or liability. ii. Derecognition Financial assets A financial asset (or, where applicable, a part of a financial asset or part of a group of similar financial assets) is derecognized when the rights to receive cash flows from the financial asset have expired. The Bank also derecognizes the financial asset if it has both transferred the financial asset and the transfer qualifies for derecognition. The Bank has transferred the financial asset if, and only if, either: • the Bank transferred its contractual rights to receive cash flows from the financial asset or • it retains the rights to the cash flows, but has assumed an obligation to pay the received cash flows in full without material delay to a third party under a ‘pass–through’ arrangement. Pass-through arrangements are transactions, whereby the Bank retains the contractual rights to receive the cash flows of a financial asset (the ‘original asset’), but assumes a contractual obligation to pay those cash flows to one or more entities (the ‘eventual recipients’), when all the following three conditions are met: • the Bank has no obligation to pay amounts to the eventual recipients unless it has collected equivalent amounts from the original asset, • the Bank cannot sell or pledge the original asset other than as security to the eventual recipients, • the Bank has to remit any cash flows it collects on behalf of the eventual recipients without material delay. In addition, the Bank is not entitled to reinvest such cash flows, except for investments in cash or cash equivalents including interest earned, during the period between the collection date and the date of required remittance to the eventual recipients. A transfer only qualifies for derecognition if either (i) the Bank has transferred substantially all the risks and rewards of the asset or (ii) the Bank has neither transferred nor retained substantially all the risks and rewards of the asset, but has transferred control of the asset. The Bank considers control to be transferred if and only if, the transferee has the practical ability to sell the asset in its entirety to an unrelated third party and can exercise that ability unilaterally and without imposing additional restrictions on the transfer. When the Bank has neither transferred nor retained substantially all the risks and rewards and has retained control of the asset, the asset continues to be recognized only to the extent of the Bank’s continuing involvement, in which case, the Bank also recognizes an associated liability. The transferred asset and the associated liability are measured on a basis that reflects the rights and obligations that the Bank has retained. Continuing involvement that takes the form of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount of consideration the Bank could be required to pay.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 15 Financial liabilities A financial liability is derecognized when the obligation under the liability is discharged, cancelled, or expires. The difference between the carrying value of the original financial liability and the consideration paid (including the newly recognized financial liability) is recognized in profit or loss. Modifications subject to derecognition of financial assets and liabilities Debt instruments exchanged to another one under substantially modified terms and conditions is treated as a derecognition of the existing financial asset or liability and a re-recognition of a new financial instrument. Similarly, a substantial modification of the terms of an existing financial asset or financial liability or part thereof (whether or not it has been caused by the counterparty’s financial difficulties) is treated as derecognition of the original financial asset or liability and a new financial instrument is recognized. The new financial liability based on the modified terms is recognised at fair value. The new financial asset is recognised at fair value plus any eligible transaction costs. Any fees received as part of the modification are accounted for as follows: • fees that are considered in determining the fair value of the new asset and fees that represent reimbursement of eligible transaction costs are included in the initial measurement of the asset, • other fees are included in profit or loss as part of the gain or loss on derecognition. The basic terms of a financial instrument change significantly when the main risk factors behind the original instrument are modified. In particular, the Bank considers, but not limited to, the following factors when assessing whether the modification is subject to a derecognition and a re-recognition: • the extent of the difference between the modified and the original cash flows, where a change is more than 10% • change of borrower with a new risk profile (only in case of financial assets) • change in SPPI result due to the effect of modified contractual terms • change in currency. When comparing the modified and original cash flows, the Bank examines the extent of the difference between the discounted present value of the changed cash flows – including paid fees in case of liabilities and in casse of assets deducting the fees paid and including the fees received – under the new conditions and the discounted present value of the remaining original contractual cash flows by using the original effective interest rate in both cases. Fees received include, in case of assets, amounts paid by the borrower to the Bank or on its behalf, and in case of liabilities, amounts paid by the lender to or on behalf of the Bank. The fees paid include, in the case of assets, amounts paid by the Bank to or on behalf of the borrower, and in case of liabilities, amounts paid by the borrower to the Bank or on its behalf, whether or not they are described as a fee, as part of the exchange or modification. Fees do not include any payments made by the borrower or lender to its own advisers or agents, or other transaction costs incurred by the borrower or lender.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 16 Modifications not subject to derecognition of financial assets and liabilities When the Bank renegotiates or amends the contractual cash flows of a financial instrument and the renegotiation or modification does not result in the derecognition of the financial instruments, the Bank recalculates the financial instruments gross amortized cost and the difference is recognized in the profit or loss on the line “Contract modification loss, net”. The new gross amortized cost is recalculated by the Bank as the present value of renegotiated or modified contractual cash flows, using the original effective interest rate of the financial instruments (in case of purchased or originated credit impaired assets the credit-adjusted effective interest rate is used). Any modification fee applied is amortized over the remaining life of the financial instruments which is achieved by the recalculation of EIR at modification to reflect the modification fee received. The impact of any additional fees incurred at modification but not directly related to it (e.g. prepayment fees) are recognized directly on “Fee and commission income” when incurred. If the modification of a financial liability is not accounted for as derecognition, then the amortised cost of the liability is recalculated by discounting the modified cash flows at the original effective interest rate and the resulting gain or loss is recognised in profit or loss line „Contract modification loss, net”. Any costs and fees incurred are recognised as an adjustment to the carrying amount of the liability and amortised over the remaining term of the modified financial liability by re-computing the effective interest rate on the instrument. iii. Measurement The Bank classifies all its financial assets based on the business model for managing the assets and the asset’s contractual terms (SPPI test) and measured as follows. Profit or loss on a financial instrument mandatorily measured at fair value through profit or loss shall be recognized in income statements in such a way that the Bank recognizes interest income on those assets as „Other similar income”, while changes in fair value is recognized as „gains or (-) losses on non-trading financial assets mandatorily at fair value through profit or loss, net” line within income statements. A gain or loss on debt instruments at fair value through other comprehensive income shall be recognized in other comprehensive income, through the statement of changes in equity, except for impairment losses, interest income amortized based on effective interest and foreign exchange gains and losses which are recognized in profit or loss, until the financial asset is derecognized, at which time the cumulative gain or loss previously recognized in other comprehensive income shall be reclassified to profit or loss. All valuation movements for equity instruments at fair value through other comprehensive income are recognized directly in equity (Other Comprehensive Income) and on derecognition, the cumulative amount is only transferred to retained earnings but is not transferred to profit or loss, except the dividend received which is always recorded in the profit and loss. The difference between the fair value at the date of derecognition and the selling price is recognized in profit or loss. For financial assets and financial liabilities carried at amortized cost, a gain or loss is recognized in profit or loss when the financial asset or financial liability is derecognized or impaired, and through the amortization process.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 17 iv. Classification Financial assets or liabilities held for trading are derivatives, which are not part of a designated hedge relationship. Cash, cash balances at central banks and other demand deposits are cash and bank accounts held with the National Bank of Hungary or with other credit institutions, as well as overnight deposits. Financial assets measured at amortized cost include debt instruments that are included in a business model whose objective is to hold financial assets to collect contractual cash flows („held to collect business model”) and have passed the SPPI test. In this category, the Bank classifies its refinancing and direct loans that have passed the SPPI test. This category also includes those purchased debt securities that the Bank has classified as held to collect. Non-trading financial assets that are mandatorily measured at fair value through profit or loss includes debt instruments that are included in the held to collect business model but failed the SPPI test. In this category, the Bank presents its refinancing and direct loans that failed the SPPI test. It also includes those venture capital investments that do not meet the definition of equity instruments under IAS 32. Financial assets measured at fair value through other comprehensive income include debt instruments that the Bank classified into a business model whose objective is achieved by both collecting contractual cash flows and selling the financial asset („held to collect and sale business model”) and have passed the SPPI test. In this category, the Bank shows the portion of its securities that it classified as a held to collect and sale business model. Equity instruments for which the Bank has chosen the fair value through other comprehensive income option at initial recognition are presented in this category. These are other investments that do not qualify as associates. Derivatives – hedge accounting includes derivative transactions designated by the Bank into hedge relationship. Among the financial liabilities measured at amortised cost, the Bank presents customer deposits (collaterals behind loans), loans taken, short-term interbank deposits, issued debt securities and other financial liabilities. v. Amortized cost measurement The amortized cost of a financial asset or financial liability is the amount at which the financial asset or financial liability is measured at initial recognition minus principal repayments, plus or minus the cumulative amortization using the effective interest method of any difference between that initial amount and the maturity amount, and in case of financial assets minus any reduction for impairment or uncollectibility. The effective interest rate is the rate that exactly discounts estimated future cash payments or receipts through the expected life of the financial instrument or, when appropriate, a shorter period to the net carrying amount of the financial asset or financial liability. When calculating the effective interest rate, the Bank shall estimate cash flows considering all contractual terms of the financial instrument but shall not consider future credit losses.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 18 The Bank recognizes POCI (Purchased or Originated Credit Impaired) financial assets in its books at their initial fair value, which, unless otherwise stated, is equal to the purchase price of the asset. In calculating the credit-adjusted effective interest rate on POCI assets at initial recognition, the Bank considers the initial estimated credit loss in the estimated cash flows (i.e., life expected credit losses are deducted from estimated contractual cash flows). vi. Impairment of financial assets The Bank is applying a forward-looking expected credit loss (hereinafter ECL) approach for its impairment calculation. From 1st January 2019, the Bank has been recording the allowance for expected credit losses for all loans and other debt financial assets not held at FVTPL (but including debt securities at fair value through other comprehensive income), together with loan commitments and financial guarantee contracts, in this section all referred to as ‘financial instruments’. Equity instruments are not subject to impairment under IFRS 9. The ECL impairment/provision is the expected credit loss for 12 months (hereinafter 12mECL) if there has been no significant increase in credit risk since the initial recognition of the asset (liability) or it is considered to be low credit risk at the time of valuation. If there has been a significant increase in credit risk since initial recognition or since the previous valuation, the ECL impairment/provision is the loss calculated over the expected life of the asset. The 12mECL is the portion of the lifetime expected credit loss that represent the ECLs that result from default events on a financial instrument possibly within 12 months after the reporting date. ECL impairment is calculated for both 12mECL and lifetime expected credit losses on a group basis or, in exceptional cases, on an individual basis, depending on the nature of the underlying portfolio of financial instruments. The Bank has established a policy to perform an assessment, at the end of each reporting period, of whether a financial instrument’s credit risk has increased significantly since initial recognition, by considering the change in the risk of default occurring over the remaining life of the financial instrument. To carry out the evaluation, the Bank compares the non-performance risk of the financial instrument at the reporting date and as of the initial recognition, taking into consideration information that is reasonable and justifiable – without undue cost or effort – and indicates significant increase in credit risk since initial recognition. The Bank assumes that the credit risk of a financial instrument has not increased significantly since the initial recognition if the financial instrument is considered low credit risk at the reporting date. If the credit risk of a financial instrument has not increased significantly at the reporting date since initial recognition, the Bank calculates the impairment of the financial instrument based on the 12- month expected credit loss (hereinafter: Stage 1). At each reporting date, the Bank calculates the impairment of the financial instrument based on the lifetime expected credit loss if the credit risk of the financial instrument, whether assessed on an individual or group basis, has increased significantly since initial recognition, considering all reasonable and justifiable information, including forward-looking ones (hereinafter: Stage 2 or Stage 3).

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 19 Regardless of the above, the Bank always calculates the impairment based on the lifetime expected credit losses for receivables where the IFRS 15 Revenues from contracts with customer standard is applicable and the receivables do not include significant financing components. These include other financial assets where the Bank uses this simplified approach. Based on the above process, the Bank classifies its loans into stages, as described below: Stage 1 (performing credit risk category) Performing asset category, if there is no significant increase in credit risk compared to the initial recognition, or the asset is considered by the Bank to have a low credit risk at the time of valuation. In this stage 1 category, the Bank calculates the expected credit loss based on the 12-month PD (Probability of Default) for all such deals where there was no significant increase in credit risk since initial recognition. This way, the 12-month expected credit loss indicates a lifetime cash flow deficit that occurs as a result of default within a maximum of 12 months after the reporting date, weighted by the probability of default. Deals are reclassified from this stage only when the credit risk increases significantly since origination and the deal is not considered as low risk. The stage categorization is therefore determined by the Bank at deal level rather than by a borrower level. Stage 2 (increased credit risk category) Significant increase in credit risk (deals where the Bank has become aware of negative information about the exposure but does not yet have objective evidence of impairment). The Bank considers a significant increase in credit risk if it becomes aware of negative information about the exposure, but there is no objective and material evidence of impairment yet. Such negative information may include, but is not limited to, the Customer’s delay not reaching a significant credit obligation 1 to the Bank or any of its Subsidiaries, a significant deterioration in theCustomer’s credit rating, or becoming insolvent. Information received by the Bank during Customer monitoring that relates to the probable future default of the customer is also considered negative information. Furthermore, restructuring where the transaction was performing at the time of the restructuring is considered negative information. The Bank continuously monitors and records the defined criteria for the increase in credit risk. Lifetime credit loss is determined by the Bank using specified risk vectors, lifetime PD, constant loss given default (hereinafter „LGD”) and changing exposure at default (hereinafter „EAD”). When calculating EAD, account shall be taken of the expected change in the exposure of the transaction until maturity. 1 A credit default delay is considered significant if: a) in the case of non-retail exposure: - the amount of the customer's liabilities to the Bank or any of its Subsidiaries overdue for more than 90 days (principal, interest or fee payment) exceeds HUF 200 000 (absolut limit), - the amount of liabilities overdue for more than 90 days exceeds 1% (relative limit) of the amount of the Bank's or any of its Subsidiaries' gross balance sheet receivables from the customer (excluding equity exposures). b) in the case of retail exposure: - the amount of the customer's liabilities to the Bank or any of its Subsidiaries overdue for more than 90 days (principal, interest or fee payment) exceeds HUF 40 000 (absolut limit), - the amount of liabilities overdue for more than 90 days exceeds 1% (relative limit) of the amount of the Bank's or any of its Subsidiaries' gross balance sheet receivables from the customer (excluding equity exposures).

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 20 Stage 3 (impaired credit risk category) Default (non-performing), credit-impaired category. The third stage includes defaulted transactions for which there is either objective evidence of impairment or a probable future default of the debtor. To classify into this category, the Bank monitors the various default events (e.g. delay exceeding the threshold for significant credit default, termination, liquidation proceedings ordered by law, bankruptcy proceedings, forced liquidation proceedings, or other proceedings aimed at terminating the activity, reorganization or restructuring proceedings are in progress, as well as forced restructuring, if the transaction was in default at the time of the restructuring, etc.). The Bank also classifies significant receivables purchased at a discount of more than 20% (POCI) as well as products that it classifies as impaired (e.g. redeemed guarantees) in the category of impaired credit risk. All these marked events are stored in the banking system and ensure traceability of what events led to the classification. POCI Purchased or originated credit impaired (POCI) assets are financial assets that are credit impaired on initial recognition. POCI assets are recorded at fair value at initial recognition and interest income is subsequently recognized based on a credit adjusted EIR. ECLs are only recognized or released to the extent that there is a subsequent change in the expected credit losses. The Bank only recognises the cumulative changes in lifetime ECLs since initial recognition, based on a probability-weighting of the scenarios, discounted by the credit adjusted EIR. For financial assets for which the Bank has no reasonable expectations of recovering either the entire outstanding amount, or a proportion thereof, the gross carrying amount of the financial asset is reduced. This is considered a (partial) derecognition (write-off) of the financial asset. Individual and collective impairment The Bank applies an individual impairment calculation by default for exposures classified in Stage 3 exceeding HUF 100 million,for transactions exceeding HUF 1 billion that have been placed under Intensive Management, and for transactions with total exposure exceeding HUF 2 billion, where all transactions of the customer are classified in the increased credit risk category and the customer has been placed under Intensive Management or is in the impaired (Stage 3) credit risk category. In Stage 1 and Stage 2 categories, transactions are primarily measured on a collective valuation basis, but the Bank may choose individual valuation as well if transaction exceeds the material threshold value set by the Bank, which also relies on quantitative and qualitative factors. The Bank also uses both collective and individual valuation for its debt securities and loans. In all cases, the impairment is recognized against the „Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss”. The carrying amount of the financial assets is reduced by using an impairment account, and the loss is recognized in the income statement. If, in subsequent years, due to certain events, the estimated amount of impairment increases or decreases, the accumulated impairment loss previously recognized is increased or decreased using the impairment allowance account. If a previously written off amount subsequently recovers, the amount is also recorded within „Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss”.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 21 The calculation of ECLs The Bank calculates ECLs based on a minimum of three (if this is not possible, at least of two) probability-weighted scenarios in the case of individual valuation to measure the expected cash shortfalls, discounted with the original EIR. A cash shortfall is the difference between the cash flows that are due to an entity in accordance with the contract and the cash flows that the entity expects to receive. When relevant, the assessment of multiple scenarios also incorporates how defaulted loans are expected to be recovered, including the probability that the loans will recover and the value of collateral or the amount that might be received for selling the asset. The mechanics of the ECL calculations are outlined below and the key elements are, as follows: PD: The Probability of Default is an estimate of the likelihood of default over a given time horizon. A default may only happen at a certain time over the assessed period, if the facility has not been previously derecognized and is still in the portfolio. EAD: The Exposure at Default is an estimate of the exposure at a future default date, considering expected changes in the exposure after the reporting date, including repayments of principal and interest, whether scheduled by contract or otherwise, expected drawdowns on committed facilities, and accrued interest and principals from missed payments. LGD: The Loss Given Default is an estimate of the loss arising in the case where a default occurs at a given time. It is based on the difference between the contractual cash flows due and those that the lender would expect to receive, including from the realization of any collateral. It is usually expressed as a percentage of the EAD. Loan commitments and letters of credit When estimating the lifetime credit loss for undrawn loan commitments, the Bank quantifies the part of the commitment that is expected to be drawn during the maturity period. The ECL is then based on the present value of the expected shortfalls in cash flows if the loan is drawn down, based on a probability-weighting of the scenarios. The expected cash shortfalls are discounted at the EIR that will be applied to the loan resulting from the loan commitments. For credit lines, commitments and letters of credit, the ECL is recognized within “Impairment (-) or reversal of impairment of financial instruments” line in the income statements and “Provisions” line within statements of financial position. Financial guarantee contracts The Bank’s liability under each guarantee is measured at the higher of initially recognized amount less cumulative amortization recognized in the income statement, and the ECL provision. For this purpose, the Bank estimates ECLs based on the present value of the expected payments to reimburse the holder for a credit loss that it incurs. The calculation is made using a probability-weighting of the scenarios. The ECL related to financial guarantee contracts are recognized within “Impairment (-) or reversal of impairment of financial instruments”. vii. Collateral valuation To mitigate its credit risks on financial assets, the Bank requires collaterals, where possible. The collateral comes in various forms, such as cash, securities, letters of credit/guarantees, real estate, chattels, receivables, other non-financial assets and credit enhancements such as netting agreements. Collateral, unless repossessed, is not recorded on the Bank’s statement of financial position. However, the fair value of collateral affects the calculation of ECLs. Collaterals are generally assessed at inception and are revalued on a regular basis. However, some collateral, for example, cash or securities relating to margining requirements, are valued daily. To the extent possible, the Bank uses active market data for valuing financial assets held as collateral. Other financial assets

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 22 which do not have readily determinable market values are valued using models. Non-financial collateral, such as real estate, is valued based on data provided by third parties such as independent appraisers or based on housing price indices. Collateral repossessed During the normal course of business, the Bank sometimes repossess real estate collaterals. The Bank’s policy is to determine whether a repossessed asset can be best used for its internal operations or should be sold. Assets determined to be useful for the internal operations are transferred to their relevant asset category at the lower of their repossessed value or the carrying value of the original secured asset. Assets for which selling is determined to be a better option are transferred to assets held for sale at their fair value (if financial assets) and fair value less cost to sell for non-financial assets at the repossession date in, line with the Bank’s policy. viii. Write-offs Loans and debt securities are written off (either partially or in full) when there is no reasonable expectation of recovering a financial asset in its entirety or a portion thereof. This is generally the case when the Bank, based on reliable information, determines that the borrower does not have assets or sources of income that could generate sufficient cash flows to repay the amounts subject to the write-off. This assessment is carried out at the individual asset level. If the amount to be written off is greater than the accumulated loss allowance, the difference is first treated as an addition to the allowance that is then applied against the gross carrying amount. Any subsequent recoveries are credited to credit loss expense. ix. Forborne and modified loans Except for the application of special rules for transactions subject to the payment moratorium, the Bank classifies a loan in a restructured category if it makes a concession or makes a contractual change because of the borrower’s current or anticipated financial difficulties that it would not have made if the borrower were financially sound. Indicators of financial difficulties include defaults on covenants, or facts and expectations indicating a significant increase in credit risk, which may result in postponement of payment deadlines or taking out a new loan. Once the terms have been renegotiated, any impairment is measured using the original EIR as calculated before the modification of terms, given that no derecognition and re-recognition took place and no transaction cost was related to it. The Bank assessed the specific time spent in the moratorium, as well as participation in several moratoriums, as a significant increase in credit risk, and therefore assumed that the obligor has, or is expected to have, financial difficulties in meeting its financial obligations. Therefore, it classified the transactions concerned as restructured, except for documented exceptions supported by evidence. The classification into stages was based on an examination of the unique characteristics of the client and the transaction. The Bank considers forced restructuring as a factor indicating the occurrence of a default event if it is likely to result in a significant reduction in the financial liability due to the waiver or deferral of the principal, the interests or the fees. A waiver or deferral is considered to be significant if the decrease in the present value of the financial liability exceeds 1%.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 23 The Bank continuously monitors its restructured loans to ensure that the current status of the restructured loans is recorded in accordance with applicable regulations. In case the transaction status in the monitoring system changes to the ‘Special’ category, the loan is presented in Stage 2 or Stage 3, depending on whether the transaction was performing at the time of the restructuring and whether the customer complies with the amended payment obligations. All its impaired (Stage 3) exposures are considered as non-performing exposures by the Bank. If an asset has been rated as non-performing due to restructuring, it may be considered performing again if all the following conditions are met: • at least 365 days have passed since the date of the restructuring and since the end of the grace period provided for in the restructuring agreement and • there is no delay (principal, interest, commission, fee) at the time of qualification and no concerns arise that would call into question the repayment of the full amount of the claim and • repayment of the claim that was past due (if there was a delay) or that was written off during the restructuring (if there was no delay) through repayments under the restructuring conditions The restructured status of a claim may be terminated if the following conditions are met: • the claim is performing • a probationary period of at least two years has passed since the restructured claim was recognized as performing; • regular repayments of principal or interest have been made in excess of an insignificant amount for at least half of the probationary period; • at the end of the probationary period there is no delay of more than 30 days in respect of any obligation of the obligor c) Leasing Accounting for leases by the Bank as a lessee The Bank leases office premises and parking lots. Leases are recognized as a right-of-use asset and a corresponding liability at the date at which the leased asset is available for use by the Bank. Each lease payment is allocated between the liability and finance cost. The finance cost is charged to profit or loss over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. The right-of-use asset is recognized at cost and depreciated over the shorter of the asset’s useful life and the lease term on a straight-line basis. Liabilities arising from a lease are initially measured on a present value basis. The lease payments are discounted using the interest rate implicit in the lease. If that rate cannot be determined, the lessee’s incremental borrowing rate is used, being the rate that the lessee would have to pay to borrow the funds necessary to obtain an asset of similar value in a similar economic environment with similar terms and conditions. Right-of-use assets are measured at cost. As an exception to the above, the Bank accounts for short-term leases and leases of low-value assets by recognizing the lease payments as an operating expense on a straight-line basis. Short-term leases are leases where the lease term on the starting date is not more than 12 months. The threshold for low-value assets is set by the Bank at HUF 1 500 000.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 24 d) Impairment of non-financial assets At each reporting date, the Bank reviews the carrying amounts of its non-financial assets (other than investment properties and deferred tax assets) to determine whether there is any indication of impairment. If any such indication exists, then the asset’s recoverable amount is estimated. Goodwill is tested annually for impairment. The recoverable amount of an asset or CGU (Cash Generating Unit) is the greater of its value in use and its fair value less costs to sell. Value in use is based on the estimated future cash flows, discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset or CGU. An impairment loss is recognised if the carrying amount of an asset or CGU exceeds its recoverable amount. The objective of the model used is to estimate the recoverable amount from the use of shareholdings based on discounted cash flow (“DCF”) from five years long business plans of the subsidiaries adopted by the owner. The main output of the model is an indication of the impairment of the investment held, that is, the cash-generating unit (“CGU”) based on the inputs provided. Further analysis is needed to make the final management decision on impairment, considering the specific situation of CGU and other considerations. The model calculates the amount of free cash flow underlying the DCF valuation until the end of the explicit business plan based on the accepted valid 5-10-year business plan. Based on the business characteristics of each CGU, the model determines the recoverable amount from using the owner ’s free cash flow (“FCFE”) method. FCFE expresses the cash flow that is available to owners after investments, meeting working capital needs, paying instalments and interest on foreign capital, and taking on new debt. The FCFE method assumes that the owner will continuously realize the cash flows available from the CGU. In case of the FCFE – as owner's free cash flow – method, the Bank uses the cost of equity (CoE) as a discount factor. The definition of CoE is based on the capital asset pricing model (CAPM), which is widely used in international assessment practice. The CAPM model is based on the assumption that, in addition to the risk-free government bond yield, the investor also expects an extra yield typical of the industry. When assessing investments on a plan-fact basis, the primary consideration is the likelihood and magnitude of expected loss that can reasonably be expected from the investment ’s business and the changes in the legal and market environment. When an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined without impairment loss recognized for the asset in prior years. A reversal of an impairment loss is recognized immediately in profit or loss.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 25 Inventories within the scope of IAS 2 are measured at the lower of cost and net realizable value. The Bank makes estimates for the realizable amount on a quarterly basis. Impairments are recognized or reversed according to these estimates in profit or loss. e) Cash and cash equivalents Cash and cash equivalents include notes and coins in hand, unrestricted balances held with central bank or other financial institutions and overnight deposits. This line includes placements with other banks payable on demand, including nostro and other accounts in HUF and foreign exchange with domestic banks, foreign central banks and institutions registered abroad as bank. These items are subject to insignificant risk of changes in their fair value and are used by the Bank in the management of its short-term commitments. Cash and cash equivalents are carried at amortized cost in the statement of financial position. f) Loans and advances to banks and to customers The Bank’s lending activities can be grouped by method (indirectly through commercial banks in the form of refinancing loans and direct lending and other credit-related receivables) and by type (program and non-program loans). The balance of loans and advances to banks includes refinancing program loans granted through commercial banks. Loans and advances to customers contain receivables from legal entities, licensed traditional small- scale producers and employees. Agricultural loans with mainly fixed interest rate are also recognized as loans and advances to customers. The balance of Deposits at central and other banks contains the interbank placements used in the course of liquidity management. Loans and advances to banks and to customers are carried either at amortized cost or fair valued through profit and loss in the statement of financial position dependent whether the SPPI test is passed or failed. g) Securities Securities contain government bonds and other debt securities, interest bearing or discount treasury bills, mortgage bonds, debt securities including fixed-income securities that are listed on stock exchange or traded on a regulated market (controlled by regulation or by stock exchange), and other debt securities regardless their name, including debt securities took over in return for receivables to minimize loss. Venture capital investments that cannot be classified as equity instruments under IAS 32 in which the Bank has no significant influence are also presented here. Since these instruments do not meet the SPPI test, the Bank presents them within debt instrument, mandatorily fair valued through profit and loss. The related subscribed but not yet paid capital increase of these venture capital investments/notes that is payable as required by the investment plans is recognized among the capital commitments within off balance sheet items if the investment is closer to a loan commitment. Otherwise the not yet paid capital is recognized among the “Other liabilities” and be part of the investments initial cost.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 26 Securities that were classified into “held to collect and sell” business category are measured at fair value through other comprehensive income. The basis of measurement is the average of best bid and ask prices published on the website of Government Debt Management Agency Ltd. on the reporting date. Securities classified as held to collect are measured at amortized cost, calculated by using the effective interest rate method. The Bank applies impairment calculation for all its debt securities (except financial assets measured at fair value through profit and loss) and the expected credit loss is recognized in profit and loss. h) Encumbered assets The encumbrance of the Bank’s eligible assets is mainly for ensuring the collateral for Funding for growth (“FGS”) program. The encumbered assets can be government securities, mortgage bonds and loans. The Bank does not present as encumbered assets those securities which are to ensure the continuity of liquidity management – including the insurance of continuous transfers (Giro) and the possibility of a secured loan (repo) transaction with the Hungarian National Bank – as the Bank may also release the blocking of these securities. i) Investments in subsidiaries and associates Equity investments classified as controlling interest (subsidiaries) comprise those investments where the Bank is exposed to or has rights to variable returns from the involvement with the investee and has the ability to affect those returns through its power over the investee. Equity investments classified as significant influence (associates) comprise those investments where the Bank through its direct ownership interest has the power to participate in the financial and operating policies of the investee, but not to control those activities. Other equity investments comprise other shareholdings, which do not meet the above criteria. The investment portfolio includes investments that the Bank intends to hold on a long term. The MFB Act determines the companies in which the Bank can obtain controlling interest. The Bank does not hold equity investments for trading purposes. In these annual financial statements, investments in subsidiaries and associates are accounted for at cost less impairment in accordance with IAS 27. Impairment is charged and released through profit or loss in accordance with IAS 36. Other equity investments are accounted for in accordance with IFRS 9 at fair value through other comprehensive income unless they do not meet the equity instrument conditions set in IAS 32, in which case they are classified as debt instruments mandatorily fair valued through profit and loss. j) Derivative financial instruments The Bank uses derivative financial instruments, interest rate swaps, foreign exchange swaps and forward exchange contracts to manage its exposure to foreign exchange and interest rate risks arising from business activities. The recognition of interest income/expenses relating to derivative transactions are recognized in profit and loss as interest income and expense. Fair value changes are immediately recognized in the statement of comprehensive income on the “Gains or (-) losses on financial assets and liabilities held for trading, net” line. The Bank does not undertake exposures for trading (speculative) purposes, the Treasury department enters into transactions with the purpose of risk hedging, liquidity management and limit

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 27 management. The purpose of market instruments is solely the hedging of risks deriving from the portfolio, the Bank does not enter into transactions with speculative purposes. To reduce the interest rate risk, the Bank exchanges the financial instruments with fixed interest rate to floating interest rate in the course of an interest rate swap. The interest rate swap deals are accounted for as fair value hedges. The realized fair value changes on the hedging instruments are presented as “Derivatives – Hedge accounting” (see Note 10). Foreign exchange swap deals are the exchanges of different foreign exchanges on a predetermined exchange rate. Foreign exchange swap deals are concluded with liquidity and risk management purposes and are presented as Derivative assets or liabilities (see Note 9). Cross currency interest rate swap deals (CCIRS) are interest rate swaps and foreign exchange swap deals made in a single transaction. The CCIRS deals are classified as at fair value through profit or loss upon initial recognition as a Derivative asset or liability. k) Hedge accounting The Bank uses derivative instruments to manage exposures to interest rate risk and partially foreign currency risk. The Bank enters into economic hedging transactions only and, if this hedging relationship is properly documented, the hedge accounting is applied for them. The Bank applies IFRS 9 rules for its hedge accounting. Based on IFRS9 rules at inception of a hedge relationship the Bank formally documents the relationship between the hedged item and the hedging instrument, including the nature of the risk, the objective and strategy for undertaking the hedge and the method to be used to assess the effectiveness of the hedging relationship. Fair value hedge Fair value hedges are concluded to reduce market risk. For qualifying and designated fair value hedges, the change in fair value of hedging instruments is recognized in the income statement on the line “Gains or (-) losses from hedge accounting, net “. The change in the fair value of the hedged item attributable to the hedged risk is also recognized in the same income statement line and the carrying amount of the hedged item is adjusted in the statement of the financial position. If the hedging instrument expires, is sold, terminated or exercised, the hedge relationship is terminated. In this case, the fair value adjustment of the hedged item shall be amortized to the income statement in the net interest income until maturity of the underlying financial instrument (hedged item). Where the hedged item is a financial instrument (or component thereof) for which the effective interest method of accounting is used, the adjustment is amortised to the income statement based on a recalculated effective interest rate at the date amortisation begins. The purpose of the amortisation is to reflect the effect of the fair value hedge in the profit and loss, but also to ensure the adjustment is fully amortised by maturity. If the critical terms of the hedged item and the hedging instrument match and the hedge relationship remains in place to its maturity, there is no additional amortisation be required as the cumulative fair value adjustment to the hedged item will naturally revert to the hedged item’s carrying amount through ongoing fair value hedge accounting adjustments. Otherwise, the amortisation begins as soon as the hedged item ceases to be adjusted for hedging gains and losses, being the date of termination of the hedge relationship. If the hedged item is derecognised, the unamortised fair value is recognised immediately into the income statement. Cash flow hedge The Bank is currently not involved in any cash flow hedge relationship.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 28 l) Bonds issued Bonds issued contain the obligations arising from HUF, EUR and USD issued bonds. Issued bonds are measured at amortized cost. That part of the issued bonds of which interest rate risk is hedged using interest rate swaps are measured at amortized cost with fair value adjustment. m) Provisions A provision is recognized, when the Bank has a present obligation (legal or constructive) as a result of a past event, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. Provisions are reviewed quarterly and adjusted to reflect the best estimate of the expenditure required to settle the present obligation. If it is no longer probable that an outflow of resources embodying economic benefits will be required to settle the obligation, the provision is reversed. A provision should be used only for expenditures for which the provision was originally recognized. n) Offsetting Financial assets and financial liabilities are offsetted in the statement of financial position when and only when the Bank has a legally enforceable right to set off the amounts and intends to settle them either on a net basis or at the same time intend to realise the assets and settle liabilities at the same time. The Bank has various netting agreements in place with counterparties to manage the associated credit risks. Such arrangements primarily include repo and reverse repo transactions, securities borrowing and lending arrangements, and over-the-counter and exchange traded derivatives. The ISDA and similar master netting arrangements do not meet the criteria for offsetting in the statement of financial position. This is because they create for the parties to the agreement a right of set-off of recognised amounts that is enforceable only following an event of default, insolvency or bankruptcy of the Bank or the counterparties or following other predetermined events. In addition, the Bank and its counterparties do not intend to settle on a net basis or to realise the assets and settle the liabilities simultaneously. o) Commitments and contingencies Commitments and contingencies are a probable obligation that derive from a past event, and its existence will be confirmed by the occurrence or non-occurrence of one or more uncertain future events that are not entirely controlled by the Bank, or a present obligation that derives from a past event, but is not recognized because it is not likely that an outflow of resources embodying economic benefits will be required to settle the obligation or the amount of the obligation cannot be reliably estimated.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 29 p) Interest income and expense In accordance with IFRS 9, interest income and expense are recorded using the effective interest rate (EIR) method for all financial instruments measured at amortized cost. Interest income on interest bearing financial assets measured at FVOCI under IFRS 9 are also recorded by using the EIR method. If expectations regarding the cash flows on the financial asset are revised for reasons other than credit risk, the adjustment is booked as a positive or negative adjustment to the carrying amount of the asset in the balance sheet with an increase or reduction in interest income. The adjustment is subsequently amortized through Interest and similar income in the income statement. The Bank calculates interest income by applying the EIR to the gross carrying amount of financial assets other than credit-impaired assets. When a financial asset becomes credit-impaired and is, therefore, regarded as ‘Stage 3’, the Bank calculates interest income by applying the effective interest rate to the net amortized cost of the financial asset. If the financial assets recover and is no longer credit-impaired, the Bank reverts to calculating interest income on a gross basis. For purchased or originated credit-impaired (POCI) financial assets, the Bank calculates interest income by calculating the credit-adjusted EIR and applying that rate to the amortized cost of the asset. The credit-adjusted EIR is the interest rate that, at original recognition, discounts the estimated future cash flows (including credit losses) to the amortized cost of the POCI assets. The Bank also holds investments in assets with negative interest rates. The Bank discloses interest paid on these assets as an interest expense. The Bank has decided to include interest received and paid arising from financial instruments classified as FVTPL (including trading instruments) and from derivative instruments designated as hedge among “interest income” and “interest expense”, i.e., the so-called “clean price” (net price) presentation method is applied. Interest income and expense include: • interest income or expense for financial assets and liabilities at amortized cost accounted by using effective interest method (including interest received or paid to banks or customers, interest received on purchase securities, interest paid on issued securities and negative interest of financial assets and liabilities), • interest income on financial assets at fair value through other comprehensive income accounted by using the effective interest method (including coupon interest received on securities and their discount/premium amortization), • contractual interest income received on financial assets mandatorily fair valued through profit and loss that are presented among Other similar income, • contractual interest income received on cash balances at central banks and other demand deposits are presented among Other similar income, • interest income from derivative transactions, also presented among Other similar income, while interest expense from derivative transactions are presented among Interest expense.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 30 q) Fee and commission income and expense Fee and commission income and expense include amounts from financial activities of the Bank that are not included in interest income and expense, nor are they considered as incremental costs at the initial recognition, for example transaction fees, postal fees, guarantee fees, loan examination fees and other financial service fees. The lending related fee and commission income and expense of those loans which failed the SPPI test is also presented in these lines. r) Current and other taxes Current tax assets and liabilities for the current year and prior years are measured at the amounts expected to be recovered from or to be paid to the tax authorities. The tax rates and tax laws used to compute the amounts are those that are enacted as of the balance sheet date. Current tax comprises income tax, such as corporate income tax, local business tax and innovation contributions. The amount of corporate tax payable is based on the tax obligations determined in accordance with Hungarian laws and it is adjusted by the deferred tax. Corporate tax and deferred tax are recognized in the income statements, except when tax relates to items recognized directly in equity, in which case it is recognized in the statement of other comprehensive income. Current tax is the expected tax payable on the taxable income for the year, using tax rates enacted or substantially enacted at the reporting date. The base of the income tax is the profit before tax adjusted by the tax base modifying items. The corporate tax was unified at a flat rate of 9%. The local tax and the innovation contribution established based on the Hungarian tax legislation in force are calculated for the same basis, their applicable rates are different being 2% for the former and 0.3% for the latter. Since their basis is based on net revenue, these were also classified among income taxes. Deferred tax is calculated using the balance sheet liability method, providing for temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. The Bank recognizes deferred tax asset if it is probable that the temporary differences will reverse in the foreseeable future. Deferred tax assets are recognised for unused tax losses, unused tax credits and deductible temporary differences to the extent that it is probable that future taxable profits will be available against which they can be used. An exception is where the deferred tax asset is a result of the initial recognition of an asset or liability in such a transaction that is not a business combination and does not affect either accounting profit or taxable profit (negative tax base) at the time of the transaction. Whether future taxable profits available are primarily determined based on the reversal of relevant taxable temporary differences. If the amount of taxable temporary differences is insufficient to recognise a deferred tax asset in full, then future taxable profits, adjusted for reversals of existing temporary differences, are considered, based on the Bank business plan. Deferred tax assets are reviewed at each reporting date and are reduced to the extent that it is no longer probable that the related tax benefit will be realised; such reductions are reversed when the probability of future taxable profits improves.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 31 The amount of deferred tax provided is based on the expected manner of realization or settlement of the carrying amount of assets and liabilities, using tax rates enacted or substantially enacted at the reporting date. Deferred tax assets and liabilities are netted against each other if the Bank has a legal enforceable right to set off the current tax receivable and liabilities and deferred tax receivable and liabilities relate to income taxes levied by the same taxation authority. The special bank tax of financial institutions is presented among other expenses. The tax is in effect since 2010. The base of the special tax is the adjusted balance sheet total of the second preceding year (meaning 2022 for year 2024 and 2021 for year 2023), the rate was 0.15% under HUF 50 billion, and 0.20% above HUF 50 billion. The Bank recognizes the special bank tax of financial institutions when it becomes legally enforceable (i.e., when the obligating event arises) which is on 1st January each year. To implement the Economic Protection Action Plan, a special credit institution tax on the epidemiological situation for replenishing the Epidemiological Fund was introduced for banks in 2020. The basis for this special tax equals to the base for the special bank tax of financial institution that exceed the HUF 50 billion and the applicable rate is 0.19%. Under the special tax act the next 5 years of bank special tax liability will be deducted with this amount in five equal annual instalments therefore was not recognized in the profit and loss of 2020 (see Note 13). An extra profit tax was introduced during 2022 that aimed to keep public finances in balance. The tax base of this extra profit was the adjusted net revenue calculated from the financial statements of the preceding year and the applicable tax rate was 10%. In 2023, due to a change in legislation, the tax base for the first half year was determined by the adjusted net revenue calculated from the financial statements of the preceding year but the pro rata 50% of this base must be taken into account. The calculation of the tax base for the second half of 2023 was the 50% of the adjusted pre- tax profit calculated from the financial statements of the preceding year. The tax rate is 8% for the tax base part falling into the first half of the year, and 13% for the tax base part for the second half of the year, for an amount not exceeding HUF 10 billion, and 30% above that. From 2024 onwards, the tax base will be the adjusted profit before tax included in the financial statements of the preceding year. Tax rate will be 13% for the part not exceeding HUF 20 billion, and 30% above that. The Bank recognizes this extra profit tax when it becomes legally enforceable (i.e., when the obligating event arises). According to Act LXXXIV of 2023 on Top-Up Taxes Ensuring a Global Minimum Level of Taxation and on the Amendment of Certain Related Tax Laws, the taxable entities of global minimum tax (herein after: GloBE) are the group members of multinational enterprise groups or large-scale domestic groups having a total consolidated group revenue of EUR 750 million or above in at least two out of four fiscal years immediately preceding the tested fiscal year. According to the regulation, any company that is fully included in the combined (consolidated) financial report of the group is considered a group member. The Group does not exceed the EUR 750 million revenue threshold, therefore it is not subject to GloBE at the reporting date. Furthermore, large-scale domestic groups can be exempt from qualified domestic top-up tax, if the group is in the initial phase of its international activities. Considering that the Group is a large-scale domestic group with no foreign group members, it fulfils the conditions of the initial phase of international activities and therefore can obtain the exemption from domestic top-up tax for the first 5 years of its taxable period. Accordingly, if in the future, the Group becomes subject to the GloBE, it would still be entitled for the 5 years of exemption from domestic top-up tax, starting from the first day of the fiscal year in which it has become subject to the GloBE, if it continues to fulfill the above conditions (it remains a large-scale domestic group).

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 32 s) Events after the reporting period Events after the reporting period are those events, favourable and unfavourable, that occur between the reporting date and the date when the annual financial statements are authorized for issue. These events are adjusting and non-adjusting events. All adjusting events after reporting date have been considered in the preparation of the annual financial statements of the Bank. The material non-adjusting events after the reporting date are presented in Note 38. t) New or modified standards and interpretations New or modified standards and interpretations effective in the current period The following new and amended standards are not expected to have a significant impact on the Bank’s financial statements. i. Amendments to IAS 1 Presentation of Financial Statements (all effective for annual periods beginning on or after 1st January 2024): • Classification of Liabilities as Current or Non-current Date (issued on 23rd January 2020) • Classification of Liabilities as Current or Non-current - Deferral of Effective Date (issued on 15th July 2020); and • Non-current Liabilities with Covenants (issued on 31st October 2022) ii. Amendments to IFRS 16 Leases: Lease Liability in a Sale and Leaseback (issued on 22nd September 2022 and effective for annual periods beginning on or after 1st January 2024) iii. Amendments to IAS 7 Statement of Cash Flows and IFRS 7 Financial Instruments: Disclosures: Supplier Finance Arrangements (issued on 25th May 2023) New or modified standards and interpretations issued by IASB and adopted by the EU but not yet effective At the time of approval of these financial statements, the following standards and amendments to existing standards and interpretations issued by the IASB and adopted by the EU were applied in the financial statements: i. Amendments to IAS 21, The Effects of Changes in Foreign Exchange Rates: Lack of Exchangeability (issued on 15th August 2023, effective from 1st January 2025). The amendment requires companies to provide more disclosure when a currency cannot be converted into another currency. The Bank did not have this type of transaction. New or modified standards and interpretations issued by IASB but not yet adopted by the EU and not yet effective IFRSs adopted by the EU differ from the standards issued by the International Accounting Standards Board (IASB). The following new standards and amendments were not endorsed by the EU as of the date of publication of the financial statements. i. Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7) (issued on 30th May 2024, effective from 1st January 2026) The three main areas of amendment:

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 33 • Derecognition of financial liabilities: The conditions and procedures for settling financial liabilities using an electronic payment system are clarified. • Classification of financial instruments: The criteria for classifying financial instruments are clarified, in particular for transactions with ESG-linked features. • Disclosure requirements: New disclosure requirements are introduced for financial assets and liabilities to increase transparency in financial statements. The above amendment will have no material effect on the Bank's financial statements. ii. Amendments to IFRS 9 and IFRS 7 - Contracts referencing Nature-dependent Electricity Amendments - (issued on 18th December 2024, effective from 1st January 2026) The amendments will help companies better report the financial effects of nature-dependent electricity contracts, which are often structured as power purchase agreements (PPAs) The above amendment will have no material effect on the Bank's financial statements. iii. IFRS 18 Presentation and Disclosure in Financial Statements (issued on 9th April 2024, effective from 1st January 2027) IFRS 18 replaces IAS 1 and introduces significant changes in the presentation of financial statements. The main modifications are: Structure of the statement of the profit and loss account: There are new required subtotals: Operating profit and Profit before financing and income taxes. As a result, there will be new defined categories to provide a consistent structure of the statement of profit or loss: (i) operating, (ii)investing and (iii) financing Management-defined performance measures (MPMs): The new standard requires disclosure of management-defined performance measures i.e. subtotals of income and expenses not required or specifically exempted by IFRS Accounting Standards but are included in public communications outside financial statements communicating management’s view of a company’s financial performance. To facilitate transparency, companies should prepare a reconciliation back to IFRS-defined subtotals. Cash flow statement amendments: IFRS 18 also affects IAS 7 Statement of Cash Flows, which clarifies the way interest and dividends should be presented and clearly states that operating profit is the starting point for preparation of an indirect cash flow statement. Aggregation and disaggregation: IFRS 18 introduces an enhanced requirements for grouping of information, including requirements for presenting and disclosing operating expenses. Adds guidance on whether information should be in the primary financial statements or the notes. The new standard is expected to have a significant impact on the Bank's presentation of financial statements. A detailed assessment has not started yet. iv. IFRS 19 Subsidiaries without Public Accountability (issued on 9th May 2024, effective 1st January 2027) IFRS 19 aims to simplify financial statement disclosure requirements for subsidiaries that do not have public accountability and that their parent prepares consolidated financial statements under IFRS. The Bank cannot apply the new standard. v. As of 1st January 2026, several minor improvements and clarifications will come into effect (Annual improvements — Volume 11) that have no significant impact on the financial statements.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 34 4. CASH, CASH BALANCES AT THE CENTRAL BANKS AND OTHER DEMAND DEPOSIT 31.12.2024 31.12.2023 Cash 0 0 Cash balances with National Bank of Hungary (NBH) 60 887 397 975 Overnight deposits 0 0 Statutory reserve 60 887 397 975 Other demand deposits 9 169 2 063 Gross balances 70 056 400 038 Impairment (3) (2) Total 70 053 400 036 As per the regulation in effect as of 1st January 2024 the Bank is obliged to keep a minimum reserve at Hungarian National Bank (herein after: „Magyar Nemzeti Bank” or „MNB”), which equals to 10% of the short term (within two years category) deposits being the average of the second precedeing month. The required minimum reserves shall be complied with both on a daily basis and on a monthly average. The Bank's reserve requirement as at the reporting date - the reserve base multiplied by the minimum reserve ratio - was HUF 15 670 million. From 1st October 2022, MNB decreased the rate of the mandatory reserve to 5%, and as a further obligation, the rate of the mandatory reserve was elective quarterly in a 5-10% range, while as of 1st April 2023, the required minimum level of mandatory reserves was increased to 10%. The Bank opted for 6% during the 1st quarter of 2023 and later for 11%. With effect from 1st July 2023, the rule on mandatory reserves was amended again, and from July 2023 until withdrawal, the MNB fixed the base of the mandatory reserve to the statistical balance sheet data on 31st March 2023 and the opted 11% reserve was HUF 42 131 million, while the daily minimum reserve (10% obligation) was HUF 38 301 million on 31st December 2023. 5. NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS 31.12.2024 31.12.2023 Debt securities Venture capital note – investment type 4 393 4 037 Venture capital note – loan type 743 853 599 119 Total debt securities 748 246 603 156 Loans and advances to customers General governments 362 424 Other financial corporations 595 1 045 Non-financial corporations 376 2 234 Households 71 87 Total 1 404 3 790

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 35 31.12.2024 31.12.2023 Loans and advances to banks Municipality loan program 19 286 21 026 Business development loan program 1 679 2 349 Agricultural development loan program 6 790 7 810 Retail loan program 39 65 Total 27 794 31 250 Total Loans 29 198 35 040 MAIN TOTAL 777 444 638 196 The loan type venture capital note line represents funds that provide a capital and a yield guarantee for the Bank, therefore thus having loan features as well. All the other type of venture capital notes belongs to the investment type subheading. At the end of the reporting period HUF 1 664 million (2023: HUF 1 919 million) from the above balance of “Venture capital note – investment type” representing Central European Fund of Funds is attributable to subscribed but not yet paid capital increase that is payable as required by the investment plans. The unpaid capital increase will be paid in accordance with the drawdowns of fund managers to finance the investments made. The Bank's total exposure to equity funds recognised in the financial statements as associates, equity investments or loans amounts to HUF 1 330 billion (2023: HUF 972.7 billion). In this portfolio of the Bank, the 3 largest non-group fund managers have a total exposure of HUF 877.4 billion (2023: HUF 739.5 billion) (as associates, equity investments and loans). Based on section 8 (1b) of the MFB Act there is no client group consideration if MFB Zrt. provided a loan to them for the purpose of subscribing or purchasing investment units and which would constitute a single risk factor with regard to the investment fund, the fund manager, interlinks of the fund managers or any right or obligation related to assets in the portfolio of the investment fund. Non-trading financial assets mandatorily valued at fair value through profit or loss includes those financial instruments that were classified as held to collect business model but failed the SPPI test as the interest rate is based on EURIBOR while the loans are denominated in Hungarian forint. Loans and advances to banks balances solely include refinancing loans to commercial banks that are the sources of the customer loans at those commercial banks.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 36 6. FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME 31.12.2024 31.12.2023 Equity instruments Listed on stock exchange 0 0 Not listed on stock exchange 611 570 611 570 Debt securities Hungarian government bonds 17 769 42 246 Hungarian bank bonds 9 596 8 808 27 365 51 054 of which encumbered assets 932 890 Total 27 976 51 624 Debt securities 31.12.2024 Gross carrying amount Impairment Fair value adjustment Fair value Hungarian government bonds 18 932 0 (1 163) 17 769 Hungarian bank bonds 9 174 (34) 456 9 596 28 106 (34) (707) 27 365 Equity instruments Other instruments not listed on stock exchange 218 611 218 611 Fair value adjustment recognized in valuation reserve (489) Valuation reserve after deferred tax adjustment 559 Debt securities 31.12.2023 Gross carrying amount Impairment Fair value adjustment Fair value Hungarian government bonds 43 637 0 (1 391) 42 246 Hungarian bank bonds 8 562 (8) 254 8 808 Hungarian discount treasury bills 0 0 0 0 52 199 (8) (1 137) 51 054 Equity instruments Other instruments not listed on stock exchange 178 570 178 570 Fair value adjustment recognized in valuation reserve (959) Valuation reserve after deferred tax adjustment (1 063) All debt securities are classified as Stage 1. The fair value through other comprehensive income option includes equity instruments that the Group chose to present as such during the introduction of IFRS 9. Other investments that do not qualify as associates are presented here, as the Bank does not have trading intent with them, therefore fair valuation through profit and loss was not applied.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 37 7. FINANCIAL ASSETS AT AMORTIZED COST The encumbered assets among “Debt securities” and “Loans and receivables” include assets offered as collateral for the National Bank of Hungary and these assets were collateralized under the Hungarian National Bank Funding for Growths (FGS) program and represent the current net book value of the customer loans disbursed under this scheme. The new FGS scheme, which was launched in 2020, was also collateralized by the loans disbursed, supplemented with individual corporate loans that was also possible to be collateralized for this purpose, which the Bank took advantage of. The current net book value of these disbursed loans is presented as encumbered assets within „Customers loans” line. For the other two previous FGS programs, government bonds were offered as collateral. The year end net book value of these government bonds is shown as encumbered asset under „Debt securities” line. From the line “Other financial assets” the margin accounts are shown as encumbered assets. 31.12.2024 31.12.2023 Debt securities Hungarian government bonds 30 411 26 389 Corporate bonds 397 472 403 206 Mortgage bonds 7 483 7 385 7.2 435 366 436 980 of which encumbered assets 114 794 114 854 Customer loans General governments 55 053 64 141 Other financial corporations 360 756 325 122 Other non-financial corporations 906 995 774 239 Households 93 891 72 510 7.1 1 416 695 1 236 012 of which encumbered assets 131 020 164 408 Loans to banks Refinancing loans 0 0 Other loans 183 629 78 291 7.1 183 629 78 291 Deposits at central and other banks Central bank deposits 0 0 Other bank deposits 20 028 20 260 7.3 20 028 20 260 Other financial assets Trade receivables 878 40 Margin accounts 170 22 993 7.4 1 048 23 033 of which encumbered assets 170 22 993 Total 2 056 766 1 794 576 of which encumbered assets 245 984 302 255

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 38 7.1 LOANS GROSS OUTSTANDING 31.12.2024 Stage 1 Stage 2 Stage 3 POCI Total Customer loans General government 55 205 0 0 0 55 205 Other financial corporations 213 317 152 816 6 528 0 372 661 Other non-financial corporations 518 785 427 217 31 455 576 978 033 Households 79 535 14 400 225 0 94 160 866 842 594 433 38 208 576 1 500 059 Loans to banks Refinancing loans 0 0 0 0 0 Other loans 183 637 0 0 0 183 637 183 637 0 0 0 183 637 IMPAIRMENT Customer loans General government (152) 0 0 0 (152) Other financial corporations (209) (5 738) (5 958) 0 (11 905) Other non-financial corporations (2 867) (43 685) (24 355) (131) (71 038) Households (206) (57) (6) 0 (269) (3 434) (49 480) (30 319) (131) (83 364) Loans to banks Refinancing loans 0 0 0 0 0 Other loans (8) 0 0 0 (8) (8) 0 0 0 (8) NET CARRYING AMOUNT Customer loans General government 55 053 0 0 0 55 053 Other financial corporations 213 108 147 078 570 0 360 756 Other non-financial corporations 515 918 383 532 7 100 445 906 995 Households 79 329 14 343 219 0 93 891 863 408 544 953 7 889 445 1 416 695 Loans to banks Refinancing loans 0 0 0 0 0 Other loans 183 629 0 0 0 183 629 183 629 0 0 0 183 629 TOTAL NET LOANS 1 047 037 544 953 7 889 445 1 600 324 Due to the Bank's role as a development bank, the loan portfolio is concentrated, the 10 largest utilisation represents 47.7% (2023: 48.1%) of the direct loan portfolio, of which 17.7% (2023: 19.1%) of exposure is provided by a state guarantee.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 39 GROSS OUTSTANDING 31.12.2023 Stage 1 Stage 2 Stage 3 POCI Total Customer loans General government 64 210 0 0 0 64 210 Other financial corporations 210 458 111 198 22 114 0 343 770 Other non-financial corporations 445 842 340 329 39 508 420 826 099 Households 55 808 16 568 222 0 72 599 776 318 468 095 61 844 420 1 306 677 Loans to banks Refinancing loans 0 0 0 0 0 Other loans 78 293 0 0 0 78 293 78 293 0 0 0 78 293 IMPAIRMENT Customer loans General government (69) 0 0 0 (69) Other financial corporations (229) (2 271) (16 148) 0 (18 648) Other non-financial corporations (3 822) (20 169) (27 659) (210) (51 860) Households (18) (61) (9) 0 (89) (4 137) (22 501) (43 816) (210) (70 665) Loans to banks Refinancing loans 0 0 0 0 0 Other loans (2) 0 0 0 (2) (2) 0 0 0 (2) NET CARRYING AMOUNT Customer loans General government 64 141 0 0 0 64 141 Other financial corporations 210 229 108 927 5 966 0 325 122 Other non-financial corporations 442 020 320 160 11 849 210 774 239 Households 55 790 16 507 213 0 72 510 772 180 445 594 18 028 210 1 236 012 Loans to banks Refinancing loans 0 0 0 0 0 Other loans 78 291 0 0 0 78 291 78 291 0 0 0 78 291 TOTAL NET LOANS 850 472 445 594 18 028 210 1 314 303 Information about modifications of loans that have not resulted in derecognition is as follows: 31.12.2024 31.12.2023 Amortized cost of loans with lifetime ECL immediately before contractual modification that was not a derecognition event 59 370 96 279 from this resulted from the moratorium settlement 0 14 797 from this resulted from interest freeze rule 0 44 806 Gains less losses recognized in profit or loss on modifications of loans with lifetime ECL that did not lead to derecognition 271 (3 022) from this resulted from the moratorium settlement 0 (89) from this interest freeze rule impact 0 (2 328) Gross carrying amount of loans that were contractually modified (without derecognition) in the past when measured at lifetime ECL and which were reclassified to Stage 1 (12 months ECL) during the current year 3 224 5 154 The Bank does not have any outstanding contractual amounts of loans and advances to customers written off that are still subject to enforcement.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 40 7.1.1 INFORMATION ON PAYMENT RELIEF PROGRAMS PROVIDED IN VIEW OF THE EMERGENCY SITUATION The agricultural credit moratorium until the 31st December 2023 (agricultural credit moratorium) Per Government Decree 292/2022. (VIII. 8.) on the introduction of special rules for the moratorium on loan repayments in the event of the state of emergency due to damage to agriculture caused by extreme weather conditions, the Government granted the possibility of a moratorium on payments, on application to the creditor, from the 1st September 2022 until the 31st December 2023 for loans disbursed under a loan or credit agreement outstanding on the 31st August 2022, if the preset conditions were met. The agricultural credit moratorium also constitutes a prohibition on the cancellation of the loan at the very same time: the credit and loan contracts could not be terminated by notice of cancellation for non-payment of principal, interest and charges from the date of entry into force of Government Decree 292/2022. (VIII. 8.) until the 31st December 2023, which applied to all eligible debtors under the conditions described above. In addition to the above, the prohibition on the cancellation of the loan also applied to a debtor who has not declared that it wishes to be a subject to a moratorium on payments. The Board of Directors of the Bank approved through its Resolution 126/2022 (VIII.30.) that the Board of Directors' decisions taken in respect of Moratorium 1, Moratorium 2 and Moratorium 3 shall be applied mutatis mutandis by the Bank in respect of the agricultural credit moratorium. Period of the interest rate freeze from the 15th November 2022 until the 30th June 2023 that was later amended first until the 31st December 2023 and then to 1st April 2024 (Interest rate freeze) The Government, as per Government Decree 415/2022. (X. 26.) on the measures necessary to mitigate the negative economic impact on micro, small and medium-sized enterprises due to the state of emergency, imposed an interest rate freeze on debtors that qualify as SMEs under the Act on small and medium-sized enterprises (SME) and support for their development. The interest rate freeze applied to SME debtors concerning HUF-based loan and credit agreements and financial leasing agreements with variable interest rates not covered by a state aid granted by the creditor on a commercial basis for the period stretching from the 15th November 2022 originally until the 30th June 2023. The interest rate freeze was also applicable for refinancing granted to a non-group financial undertaking to finance a contract in accordance with Government Decree 415/2022 (X. 26.), i.e., where the contract concluded between the financial undertaking and the debtor falls within the scope of Government Decree 415/2022 (X. 26.). With the amendments to the referenced Government Decree, the deadline for the interest rate freeze was extended for the first time until 31st December 2023, and for the second time until 1st April 2024 under unchanged conditions. Main rules of the Interest Rate Freeze: During the interest rate freeze period, the interest rate applicable from the contractual reference date following the 15th November 2022 was to be set so that it does not exceed the contractually determined reference interest rate in effect on the 28th of June 2022. The principal and interest due could not be increased by the amount of interest not paid during the period of the interest rate freeze.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 41 Impact of the payment facilitation programs on the loans presented in the financial statements The table below includes information on loans and advances measured at amortized cost that were subject to and were actual users of the interest rate freeze and agriculture moratoria regulations. The modification loss column contains the loss calculated for these loans as at the year-end. There were no impacted loans and advances valued at fair value through profit or loss. On 31st December 2023 the Bank had HUF 608 million loan that were subject to the agriculture moratoria. On 31st December 2024, the Bank has no loans subject to either an interest freeze or moratoria programs as both ended earlier. GROSS OUTSTANDING 31.12.2023 Stage 1 Stage 2 Stage 3 Total Contract modification loss Customer loans General government 0 0 0 0 Other financial corporations 1 721 12 720 162 14 603 Other non-financial corporations 1 004 35 224 1 474 37 702 Households 0 46 0 46 2 725 47 990 1 636 52 351 IMPAIRMENT Customer loans General government 0 0 0 0 Other financial corporations (4) (45) (73) (121) Other non-financial corporations (1) (895) (1 323) (2 219) Households 0 (1) 0 (1) (5) (941) (1 396) (2 342) NET CARRYING AMOUNT Customer loans General government 0 0 0 0 0 Other financial corporations 1 717 12 675 89 14 482 (674) Other non-financial corporations 1 003 34 329 151 35 483 (1 806) Households 0 44 0 44 (1) TOTAL NET CARRYING AMOUNT / LOSS OF LOANS SUBJECT TO INTEREST RATE FREEZE RULES 2 721 47 048 240 50 009 (2 481) Loans subject to agricultural moratoria 0 14 315 0 14 315 (10) Other contractual modifications (739) Modification gains or (-) losses, net (3 230) When the Bank renegotiates or amends the contractual cash flows of a financial instrument and the renegotiation or modification does not result in derecognition of the financial instruments, the Bank recalculates the financial instruments gross amortized cost and the difference is recognized in the profit or loss and in this table as well, on the line “Modification gains or (-) losses, net”. The new gross amortized cost is recalculated by the Bank as the present value of renegotiated or modified contractual cash flows, using the original effective interest rate of the financial instruments (in case of purchased or originated credit impaired assets the credit-adjusted effective interest rate is used). The Other contractual modifications contain contractual modifications that are not subject to payment facilitation programs.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 42 7.2 DEBT SECURITIES Debt securities 31.12.2024 Stage 1 Stage 2 Stage 3 Total GROSS VALUE Hungarian government bonds 30 411 0 0 30 411 Corporate bonds 397 239 2 917 0 400 156 Mortgage bonds 7 511 0 0 7 511 435 161 2 917 0 438 078 IMPAIRMENT Hungarian government bonds 0 0 0 0 Corporate bonds (2 425) (259) 0 (2 684) Mortgage bonds (28) 0 0 (28) (2 453) (259) 0 (2 712) NET CARRYING AMOUNT Hungarian government bonds 30 411 0 0 30 411 Corporate bonds 394 814 2 658 0 397 472 Mortgage bonds 7 483 0 0 7 483 432 708 2 658 0 435 366 The 5 largest corporate bond exposures represent 89.95% (2023: 90.34%) of the total, of which 15.37% (2023: 14.98%) are guaranteed by State guarantees, all of which are classified as Stage 1. Debt securities 31.12.2023 Stage 1 Stage 2 Stage 3 Total GROSS VALUE Hungarian government bonds 26 389 0 0 26 389 Corporate bonds 356 598 50 057 0 406 655 Mortgage bonds 7 388 0 0 7 388 390 375 50 057 0 440 432 IMPAIRMENT Hungarian government bonds 0 0 0 0 Corporate bonds (1 833) (1 616) 0 (3 449) Mortgage bonds (3) 0 0 (3) (1 836) (1 616) 0 (3 452) NET CARRYING AMOUNT Hungarian government bonds 26 389 0 0 26 389 Corporate bonds 354 765 48 441 0 403 206 Mortgage bonds 7 385 0 0 7 385 388 539 48 441 0 436 980

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 43 Reconciliation of assets arising from investing activities 01.01.2024 Proceeds from maturity or sale Discount/ Premium Acquisition cost 31.12.2024 Hungarian government bonds 26 389 (14 237) 104 18 155 30 411 Corporate bonds 406 655 (52 511) 5 252 40 760 400 156 Mortgage bonds 7 388 (4 021) 85 4 059 7 511 Total 440 432 (70 769) 5 441 62 974 438 078 01.01.2023 Proceeds from maturity or sale Discount/ Premium Acquisition cost 31.12.2023 Hungarian government bonds 42 158 (14 888) (881) 0 26 389 Corporate bonds 387 482 0 (455) 19 628 406 655 Mortgage bonds 6 181 0 93 1 114 7 388 Total 435 821 (14 888) (1 243) 20 742 440 432 HUF 18 258 million from the total amounts presented in column “Proceeds from maturity or sale” is related to maturity (2023: HUF 14 888 million). 7.3 DEPOSITS AT CENTRAL AND OTHER BANKS Deposits at central and other banks 31.12.2024 Stage 1 Stage 2 Stage 3 Total GROSS VALUE Central bank deposits 0 0 0 0 Other bank deposits 20 029 0 0 20 029 20 029 0 0 20 029 IMPAIRMENT Central bank deposits 0 0 0 0 Other bank deposits (1) 0 0 (1) (1) 0 0 (1) NET CARRYING AMOUNT Central bank deposits 0 0 0 0 Other bank deposits 20 028 0 0 20 028 20 028 0 0 20 028 Deposits at central and other banks 31.12.2023 Stage 1 Stage 2 Stage 3 Total GROSS VALUE Central bank deposits 0 0 0 0 Other bank deposits 20 261 0 0 20 261 20 261 0 0 20 261 IMPAIRMENT Central bank deposits 0 0 0 0 Other bank deposits (1) 0 0 (1) (1) 0 0 (1) NET CARRYING AMOUNT Central bank deposits 0 0 0 0 Other bank deposits 20 260 0 0 20 260 20 260 0 0 20 260

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 44 7.4 OTHER FINANCIAL ASSETS Other financial assets 31.12.2024 Stage 1 Stage 2 Stage 3 Total GROSS VALUE Trade receivables 0 878 0 878 Margin accounts 170 0 0 170 170 878 0 1 048 IMPAIRMENT Trade receivables 0 0 0 0 Margin accounts 0 0 0 0 0 0 0 0 NET CARRYING AMOUNT Trade receivables 0 878 0 878 Margin accounts 170 0 0 170 170 878 0 1 048 Other financial assets 31.12.2023 Stage 1 Stage 2 Stage 3 Total GROSS VALUE Trade receivables 0 40 0 40 Margin accounts 22 997 0 0 22 997 22 997 40 0 23 037 IMPAIRMENT Trade receivables 0 0 0 0 Margin accounts (4) 0 0 (4) (4) 0 0 (4) NET CARRYING AMOUNT Trade receivables 0 40 0 40 Margin accounts 22 993 0 0 22 993 22 993 40 0 23 033 8. INVESTMENTS IN SUBSIDIARIES AND ASSOCIATES 31.12.2024 Gross value Impairment Net value Subsidiaries 470 249 (32 644) 437 605 Associates 142 555 0 142 555 Total 612 804 (32 644) 580 160 31.12.2023 Gross value Impairment Net value Subsidiaries 343 549 (26 617) 316 932 Associates 116 282 0 116 282 Total 459 831 (26 617) 433 214

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 45 The Banks’ controlling and significant interests as at 31 December 2024 and 2023 were as follows. Name of the company Activities Fund manager Voting power 31.12.2024 31.12.2023 Subsidiaries MFB-Ingatlanfejlesztő Zrt Real estate portfolio management 100% 100% MFB Invest Befektetési és Vagyonkezelő Zrt Investment portfolio management 99.99% 99.99% MKK Magyar Követeléskezelő Zrt Claim management 100% 100% MFB Növekedési Tőkealap Venture capital fund Hiventures Kockázati Tőkealap-kezelő Zrt. 100% 100% MFB Vállalati Beruházási és Tranzakciós Magántőkealap * Capital fund Hiventures Kockázati Tőkealap-kezelő Zrt. 100% Associates Garantiqa Hitelgarancia Zrt Financial services 38.04% 38.04% IHT Informatika Zrt. IT services 25.00% 25.00% CLM Future Magántőkealap Capital fund Indotek Investments Alapkezelő Zrt. 20-50% 20-50% Demján Sándor Beruházási Magántőkealap Capital fund Focus Ventures Befektetési Alapkezelő Zrt. 20-50% MFB Vállalati Beruházási és Tranzakciós Magántőkealap * Capital fund Focus Ventures Befektetési Alapkezelő Zrt. 20-50% MHB Magántőkealap Capital fund Solus Capital Kockázati Tőkelap-kezelő Zrt. 20-50% 20-50% Trustify ImpactI. Magántőkealap Capital fund Trustify Befektetési Alapkezelő Zrt. 20-50% 20-50% Diorit Magántőkealap** Capital fund Diófa Alapkezelő Zrt. 20-50% * reclassified to associates from subsidiaries ** reclassified to FVTPL category All the above companies are incorporated in Hungary.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 46 9. DERIVATIVES The Bank enters into derivatives for risk management purposes including hedges that either meet the hedge accounting requirements or are hedges that are economic hedges, but do not meet the hedge accounting requirements. The table below shows the fair values of derivative financial instruments recorded as assets or liabilities together with their notional amounts. The notional amount is a gross amount which is the quantity of the underlying derivative contracts that indicates the volume of transactions outstanding as at the year end and are not indicative of either the market or credit risk. 31.12.2024 Assets Liabilities fair value notional fair value notional Derivatives in an economic hedge relationship Interest rate swaps 600 3 763 (498) 3 763 Cross currency interest rate swaps 23 430 438 340 0 0 Foreign currency swaps 106 21 551 (187) 61 323 Total derivatives in an economic hedge relationship 24 136 463 654 (685) 65 086 Fair value hedge derivatives Interest rate swaps 7 810 33 346 (22 552) 824 031 Total hedge derivatives 7 810 33 346 (22 552) 824 031 31.12.2023 Assets Liabilities fair value notional fair value notional Derivatives in an economic hedge relationship Interest rate swaps 751 13 142 (625) 3 763 Cross currency interest rate swaps 765 8 315 (7 052) 400 332 Foreign currency swaps 1 199 284 392 (831) 205 050 Total derivatives in an economic hedge relationship 2 715 305 849 (8 508) 609 145 Fair value hedge derivatives Interest rate swaps 7 831 36 472 (14 187) 745 588 Total hedge derivatives 7 831 36 472 (14 187) 745 588 As part of its asset-liability management, the Bank enters into derivative transactions to cover risks inherent in the interest or maturity inconsistency of the asset and liability portfolio. Whenever possible, these derivative positions are effectively hedged with an existing asset or liability (see hedge accounting section). When it is not possible to implement effective hedge accounting in accordance with IFRS 9, the Bank classifies its derivative contracts into the financial assets and liabilities held for trading categories but does not open derivative positions for trading purposes only, all its positions are considered as economic hedging positions. Foreign exchange swaps are concluded for instruments in a different currency other than the source of financing, solely for short term maturity and for the purpose of daily liquidity management.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 47 10. HEDGE ACCOUNTING Fair value hedges To protect itself against changes in the fair value of financial assets or liabilities due to movements in interest rates, the Bank enters into fair value hedges. The Bank primarily designates the benchmark rate as the hedged risk therefore enters into interest rate swaps whereby the fixed leg represents the economic risk of the hedged item. The Bank determined individual hedge relationships and started hedge accounting with its interest rate swap deals to cover the interest rate risk on one large loan in 2020. On 30th June 2022, the Bank terminated the former hedge relationship for the interest rate risk of this loan in accordance with paragraph B6.5.23 of IFRS 9, as it no longer met the risk management objective under which the Bank deemed it suitable for hedge accounting. Following the termination, the Bank established a new hedging relationship in which groups of 11 loan transactions were micro- hedged, all which are characterized by long maturities and fixed interest rates. These transactions carry a significant interest rate risk, as such long-term, fixed-rate funds not available to the Bank in this volume. Hedged items are designated as amounts equal to the current IRS notional value, including the amortization of IRS transactions (using a layer approach), where the amount of interest due on the principal amount that represents the amounts that first become due after the cash flow dates of the hedging IRS transactions (“bottom layer”) is indicated. The volume of the remaining capital of the 11 loans involved is more than double the notional amount of the two market swaps previously concluded, so even with the contractual principal repayments, the expected prepayment volume and the amount of credit losses, they are expected to exceed the volume of hedging transactions over the entire term. The Bank accounts these hedge relationships as fair value hedges. Hedge effectiveness is measured by the Bank using the hypothetical derivatives approach under IFRS9, which is a derivative with the same basic characteristics as the covered item. With this, the hypothetical derivative mirrors the hedged items, where the fixed rate on credit transactions is expected to reach or exceed the fixed rate component of IRS transactions (i.e.: fixed leg minus fixed spread of the variable leg). The initial fair value of a hypothetical IRS is zero, as opposed to the fair value of IRS transactions for hedging purposes at the time of the designation of the hedging relationship. The ineffectiveness of the hedging relationship is recognized in the income statement on “Gains or (-) losses from hedge accounting, net“ line and amounted to HUF 2 667 million loss (2023: HUF 1 743 million loss). The main source of ineffectiveness is the effect of the counterparty and the Bank’s own credit risk on the fair value of the interest rate swap, which is not reflected in the fair value of the hedged item, additional ineffectiveness arose from the timing difference of the swap deal date and the designation date. At the termination of the hedge relationship the fair value adjustment was recognized as part of the amortized amount of the single loan and effective interest rate was recalculated. Due to termination of a previous hedge relationship HUF 1 525 million (2023: HUF 1 572 million) was recognized as effective interest rate amortization in the profit and loss. In May 2023 the Bank issued fixed interest rate bonds, nominated in USD and amounted to USD 1 125 million. As the Bank lending is denominated mainly in HUF or in EUR the Bank swapped the USD fix interest and the USD notional as well into EUR risk by contracting a fix-to-floating USD IRS, float-to-float CCIRS and float-to-fix EUR IRS. For accounting purposes two hedge relationship was set by hedging the fair value of the fixed interest rate USD bond and the fair value of the fixed interest rate EUR loans where the hedging instruments are the USD and the EUR IRS respectively. The fair value hedge on the USD bond is a micro hedge relationship under IFRS 9 rules, while the fair value hedge on the fixed EUR loans is a macro hedge relationship under IAS 39 rules and is accounted for a separate line within the statements of financial position ( Fair value changes of the hedged items in portfolio hedge of interest rate risk). To test the hedge effectiveness, the Bank uses

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 48 the hypothetical derivative method and compares the changes in the fair value of the hedging instrument against the changes in fair value of the hedged item attributable to the hedged risk. In case of macro hedge relationship the hedge effectiveness is measured on a monthly basis, by comparing fair value movements of the designated proportion of the bucketed loans due to the hedged risk, against the fair value movements of the derivatives, to ensure that they are within an 80% to 125% range. In the table below the Group determines the accumulated fair value adjustment arising from the continuing hedge relationship. 31.12.2024 Hedged item Assets Liabilities Carrying value of hedged item of which accumulated fair value adjustment Carrying value of hedged item of which accumulated fair value adjustment HUF loans 71 409 2 001 EUR loans 383 506 12 580 Debt securities issued 433 169 (5 735) Total 454 915 14 581 433 169 (5 735) 31.12.2023 Hedged item Assets Liabilities Carrying value of hedged item of which accumulated fair value adjustment Carrying value of hedged item of which accumulated fair value adjustment HUF loans 78 455 4 043 EUR loans 337 365 11 550 Debt securities issued 386 346 975 Total 415 820 15 593 386 346 975 31.12.2024 31.12.2023 Less than 1 year 1-5 year More than 5 years Less than 1 year 1-5 year More than 5 years HUF loans Nominal amount (HUF million) - - 120 560 - - 120 560 Principal repayable (HUF million) 79 607 84 772 Average fix interest rate - - 3.70% - - 3.37% EUR loans Principal repayable (HUF million) - 7 326 399 941 - - 359 864 Contracted but not yet drawn amounts (HUF million) - 0 77 885 - - 108 674 Average fix interest rate - 3,84% 4.41% - - 4,74% Debt securities issued Notional amount - - 442 800 - - 389 745 Fix interest rate - - 6.5% - - 6.5%

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 49 Gains or (-) losses from hedge accounting, net 31.12.2024 2024 Fair value 2023 Fair value Change in fair value Change in interest accrual Gains or (-) losses from hedge deal Gains or (-) losses from hedged item Total Fair value used for calculating hedge ineffectiveness Ineffectiveness recognised in profit and loss Asset side hedge deal 7 810 7 831 (21) (65) 44 (2 042) (1 998) (2 042) (1 998) Macro hedge deal (6 584) (5 302) (1 282) (212) (1 070) 311 (759) 1 030 (40) Liability side hedge deal (15 968) (8 885) (7 083) (381) (6 702) 6 782 80 6 709 7 Total hedge interest rate swaps (14 742) (6 356) (8 386) (658) (7 728) 5 051 (2 677) 5 697 (2 031) Gains or (-) losses from hedge accounting, net 31.12.2023 2023 Fair value 2022 Fair value Change in fair value Change in interest accrual Gains or (-) losses from hedge deal Gains or (-) losses from hedged item Total Fair value used for calculating hedge ineffectiveness Ineffectiveness recognised in profit and loss Asset side hedge deal 7 831 15 128 (7 297) (117) (7 180) 6 676 (504) 6 676 (504) Macro hedge deal (5 302) 0 (5 302) 5 977 (11 280) 11 513 233 11 550 270 Liability side hedge deal (8 885) 0 (8 885) (8 435) (450) (1 022) (1 472) (975) (1 425) Total hedge interest rate swaps (6 356) 15 128 (21 484) (2 575) (18 910) 17 167 (1 743) 17 251 (1 659)

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 50 11. PROPERTY PLANT AND EQUIPMENT 31.12.2024 31.12.2023 Property, plant and equipment 4 282 4 157 Right of use assets 269 378 Net book value 4 551 4 535 Property, plant and equipment Real estates Equipments Total Gross value Opening balance 2024 5 636 2 891 8 527 Additions 68 600 668 Disposals 0 (191) (191) Closing balance 2024 5 704 3 300 9 004 Depreciation Opening balance 2024 (2 521) (1 849) (4 370) Charge for the year (44) (498) (542) Disposals 0 190 190 Closing balance 2024 (2 565) (2 157) (4 722) Net book value 31 December 2023 3 115 1 042 4 157 31 December 2024 3 139 1 143 4 282 Real estates Equipments Total Gross value Opening balance 2023 5 613 2 450 8 063 Additions 23 562 585 Disposals 0 (121) (121) Closing balance 2023 5 636 2 891 8 527 Depreciation Opening balance 2023 (2 481) (1 563) (4 044) Charge for the year (40) (401) (441) Disposals 0 115 115 Closing balance 2023 (2 521) (1 849) (4 370) Net book value 31 December 2022 3 132 887 4 019 31 December 2023 3 115 1 042 4 157

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 51 Right of use assets Real estates Parking places Total Gross value Opening balance 2024 738 27 765 Additions 35 0 35 Disposals 0 0 0 Closing balance 2024 773 27 800 Depreciation Opening balance 2024 (375) (12) (387) Charge for the year (141) (3) (144) Disposals 0 0 0 Closing balance 2024 (516) (15) (531) Net book value 31 December 2023 363 15 378 31 December 2024 257 12 269 Real estates Parking places Total Gross value Opening balance 2023 710 27 737 Additions 28 0 28 Disposals 0 0 0 Closing balance 2023 738 27 765 Depreciation Opening balance 2023 (244) (9) (253) Charge for the year (131) (3) (134) Disposals 0 0 0 Closing balance 2023 (375) (12) (387) Net book value 31 December 2022 466 18 484 31 December 2023 363 15 378 Expenses relating to short-term leases and to leases of low-value assets that are not presented as right of use assets are included in general and administrative expenses: 31.12.2024 31.12.2023 Short-term leases 182 136 Leases of low-value assets 49 43 231 179

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 52 12. INTANGIBLE ASSETS 31.12.2024 31.12.2023 Opening net book value 6 462 5 924 Gross value Opening balance 13 750 12 465 Reclassification 0 0 Additions 1 178 1 301 Disposals (64) (16) Closing balance 14 864 13 750 Amortization Opening balance (7 288) (6 541) Charge for the year (746) (763) Impairment 0 0 Disposals 58 16 Closing balance (7 976) (7 288) Closing net book value 6 888 6 462 The Bank records software and intellectual property as intangible assets. 13. OTHER ASSETS 31.12.2024 31.12.2023 Deferred income from reimbursed cost 10 175 3 736 Deferred expenses 2 224 1 983 Intermediated services 6 290 0 Deferred initial fair value adjustment 8 079 13 556 Interest subsidy settlements 3 756 3 399 Other 648 466 Special bank tax due to Covid-19 701 701 Non- income taxes 1 722 0 Total 33 595 23 841 Cost Reimbursement During the 2014-2020 and the 2021-2027 programming periods, the European Union encourages the expansion and more active use of financial instruments. Section 24/B of Government Decree No. 272/2014. (XI. 5.) appointed MFB Zrt. as the body implementing the fund of funds to carry out the professional use of the refundable EU resource amounting to HUF 650 billion. For the 2021-2027 programming period included in Section 31 of Government Degree No. 256/2021. (V. 18.), appointed MFB Zrt. as the body implementing the holding fund for the delivery of the EU subsidies to the final beneficiaries. For the related tasks of the Recovery and Resilience Plan of Hungary – Recovery and Resilience Facility herein after referred to as: “RRF” – in Section 10/A of Government Decree No. 373/2022. (IX.30), MFB Zrt. was appointed as the implementing body of the financial instrument. Point 6 of Attachment 1 of the Decree of the Ministry of Finance No. 1/2024 (IV.30) appointed MFB Zrt. as the managing body of the budgetary appropriation named “Settlement of certain previously disbursed grants”.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 53 The management of the refundable subsidies, that should not be included in the assets of the economic operator appointed for the intermediation of aid (based on the Point 4a of Section 4 of the Act XLIX of 1991), financed from the 2007-2013 programming period, under the obligation of accountability, taken over by the Ministry of National Economy (legal predecessor Ministry of Finance, herein after referred to as “Ministry”) from financial intermediaries under liquidation proceedings, is based on the contractual agreement between MFB Zrt. and the Ministry. In the 2014-2020 and the 2021-2027 programming periods and during implementation of the RRF, the distribution of credit products is managed mainly through the intermediary system of "MFB Points" with which a more efficient allocation of resources can be realized. Intermediaries ensure physical availability, and their staff carries out a significant part of the credit valuation, disbursement and monitoring activities for which they receive a specific intermediary remuneration. All “MFB points” are operated by intermediary partners, therefore their costs and assets/liabilities are not included in the Bank's records. MFB Zrt. is entitled to compensation for the costs of the activities detailed in the Financing Contract/Contractual Agreement concluded with the Managing Authority/National Authority/Ministry, which is paid by the Managing Authority/National Authority/Ministry to the Bank in accordance with specific rules and procedures. The remuneration covers the justified and certified expenditures of the Bank – primarily the Bank's organizational and infrastructure costs – relating directly or indirectly to the implementation of the Financing Contract, recorded separately in the Bank’s accounting register. According to the Financing Agreement Contractual Agreement the Bank is not entitled to any additional fee or reimbursement from the Managing Authority/National Authority/Ministry. The Bank cannot have a profit from the remuneration. The amount presented in the table includes certified costs already incurred by the Bank and partially reimbursed by the Managing Authority/National Authority/Ministry. Deferred initial fair value adjustment In 2013, the National Bank of Hungary launched its so-called Funding for Growth Scheme and in 2020 the FGS Hajrá program (both called FGS) to finance the operation and investments of small- and medium size businesses (SMB) as an economic development activity. Within both of these programs, SME’s fulfilling some present conditions were able to receive a preferential loan at a maximum interest rate of 2.5%, which was then refinanced by the National Bank of Hungary at 0% interest rate. The interest rates of these loans were lower than the interest rate of similar loans available in the market (off-market), therefore the initial fair value of loans received and provided were lower than their transaction value. This initial fair value difference was determined by the Bank; however, it was not accounted for in the profit or loss immediately given the unobservable inputs used in the calculation but was accrued for the lifetime of the underlying deal. In accordance with the IFRS standards part of the related loan provided was reclassified to other assets, while part of the received loan with the same amount approximately as on the asset side was reclassified to other liabilities. The unobservable input during the determination of the initial fair value difference was the differences customers’ credit risk and the Bank’s own credit risk. 31.12.2024 31.12.2023 Opening balance 13 556 16 321 Additions from new loans 51 16 Decrease due to sales (4 264) (561) Annual amortisation (1 264) (2 220) Closing balance 8 079 13 556

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 54 Special bank tax due to Covid-19 To implement the Economic Protection Action Plan, a one-time special credit institution tax on the epidemiological situation for replenishing the Epidemiological Fund was introduced in 2020 amounting to HUF 1.7 billion for the Bank, which was paid in three equal instalments during the year. The profit and loss impact of it under the IFRS rules did not have to be presented in 2020, as under the special tax act, the next 5 years of bank special tax liability will be deducted with this amount in five equal annual instalments, therefore this amount will reduce bank special tax expenditure for these years. 14. RECEIVABLES ON THE STATE DUE TO CURRENCY-HEDGING AGREEMENT The Bank’s foreign exchange risk originated from the foreign currency liabilities is hedged by the Foreign Exchange Guarantee Frame Agreement (FX Agreement) signed by the Hungarian Ministry of Finance originally in 2004 and later modified in 2014. This FX Agreement manages foreign exchange risks of the Bank’s foreign currency borrowings (EUR) and the State compensates any foreign exchange loss incurred on these borrowings and the Bank is required to pay to the State the amount of realized foreign exchange gains on these transactions. Under the agreement early financial settlement is possible for programs where asset-side final beneficiaries made repayment in excess of 20% of the original program framework actually used. The FX state guarantee frame for the Bank, declared by the law was HUF 2 000 billion. 31.12.2024 31.12.2023 Guarantee frame maximum amount 2 000 000 2 000 000 Programmed amounts within the frame 1 477 809 1 477 809 Free frame 522 191 522 191 Sum used from the frame amount 857 081 830 487 31.12.2024 31.12.2023 Opening FX rates Year end NBH FX rate Opening FX rates Year end NBH FX rate Converted amount 632 622 857 081 632 622 830 487 from this amount already repaid by customers on which the balance is fixed 389 429 461 803 384 430 455 212 Foreign exchange losses 224 460 197 865 Amount already received from the State (relating to the not yet closed program) (64 861) (60 976) received during the year 0 Foreign exchange losses of FX state guarantee 159 599 136 889 Interest foreign exchange losses of FX state guarantee 30 522 29 195 Total foreign exchange losses on the converted amount 190 120 166 085 from this amount already repaid by customers on which the balance is fixed (102 896) (99 978) In 2024, the business activity covered by the hedging agreement was not significant, but the EUR/HUF exchange rate increased significantly as a result of which the receivables on the State was also increased. However, without this exchange rate hedging mechanism, the Bank's open currency position would be significant. This increase is recognized in the income statement on the „Exchange differences [gain or (-) loss], net” line, thereby neutralizing the effect of the revaluation of foreign currency liabilities. The receivable is against the Hungarian State therefore the credit risk is considered to be marginal.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 55 15. FINANCIAL LIABILITIES MEASURED AT AMORTIZED COST 31.12.2024 31.12.2023 Deposits Interbank deposits 34 957 37 365 Customer deposits (collateral behind loans) 47 521 26 641 Other customer deposits 4 887 47 250 87 365 111 256 Loans taken Refinancing loans 178 095 201 519 Other loans taken 1 036 994 732 227 1 215 089 933 746 Debt securities issued Listed HUF bonds 664 573 581 522 Listed FX bonds 1 020 743 1 180 982 from this listed on foreign stock exchange 947 894 866 148 1 685 316 1 762 504 Other financial liabilities Margin accounts 8 853 8 137 Creditors and other financial liabilities 2 488 2 008 Finance lease liabilities 286 390 11 627 10 535 Total 2 999 397 2 818 041 The Bank does not collect retail deposits, its corporate deposits contain such term deposits that are offered as collateral for the underlying loans or were collected for liquidity purposes. Also, the line "deposits" includes inter-bank deposits used for liquidity management. The “Loans taken” line includes long-term liabilities in the FGS programs. In the following table, bonds marked with the ISIN code "XS" were listed on the London Stock Exchange, while all other bonds are listed on the Budapest Stock Exchange.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 56 15.1. DEBT SECURITIES ISSUED 31.12.2024 31.12.2023 Name of bond ISIN code Issue date Maturity date Interest rate (annually) Nominal value Carrying value Nominal value Carrying value currency Currency equivalent HUF equivalent HUF equivalent Currency equivalent HUF equivalent HUF equivalent Foreign currency bonds MFB EUR/2025 XS2010030752 24.06.2020 24.06.2025 fixed 1.375% EUR 750 000 307 568 309 526 750 000 287 085 288 450 MFBEUR/2026 XS2348280707 09.06.2021 09.06.2026 fixed 0.375% EUR 500 000 205 045 205 199 500 000 191 390 191 352 MFBEU2406 HU0000361779 21.07.2022 26.06.2024 fixed 2.5% EUR 0 0 0 90 877 34 786 35 095 14.09.2022 0 0 0 132 940 50 887 51 193 28.09.2022 0 0 0 49 810 19 066 19 109 16.11.2022 0 0 0 28 050 10 737 10 721 MFB USD/2028 XS2630760796 31.05.2023 29.06.2028 fixed 6.5% USD 1 125 000 442 800 433 169 1 125 000 389 745 386 346 MFBEU2706/1 HU0000362934 13.09.2023 29.06.2027 fixed 5.5% EUR 139 580 57 240 58 362 139 580 53 428 53 721 12.10.2023 34 800 14 271 14 487 34 800 13 321 13 313 MFBEU2409/1 HU0000362983 28.09.2023 26.09.2024 fixed 5.3% EUR 0 0 0 160 878 61 581 62 234 MFBEU2410/1 HU0000363072 27.10.2023 25.10.2024 fixed 5.3% EUR 0 0 0 179 950 68 881 69 448 Total foreign currency bonds 1 026 924 1 020 743 1 180 907 1 180 982 HUF bonds MFB202710/1 HU0000357892 04.10.2017 27.10.2027 fixed 3.00% 4 180 4 222 4 180 4 229 09.10.2019 16 890 17 474 16 890 17 642 06.10.2021 13 175 13 127 13 175 13 087 04.11.2021 34 910 34 242 34 910 33 958 MFB202406/1 HU0000358700 06.02.2019 26.06.2024 fixed 2.6% 0 0 15 000 15 219 06.03.2019 0 0 13 300 13 490 18.05.2022 0 0 15 070 14 899 MFB202506/1 HU0000359674 27.05.2020 24.06.2025 fixed 1.7% 35 000 35 327 35 000 35 363 MFB202604/1 HU0000360037 21.10.2020 22.04.2026 fixed 1.9% 34 706 35 174 34 706 35 181 14.09.2023 63 306 58 401 63 306 54 446 MFB203110/1 HU0000360771 15.09.2021 22.10.2031 fixed 2.9% 33 950 33 449 33 950 33 357 20.10.2021 24 035 22 512 24 035 22 302 MFB203304/1 HU0000360896 11.11.2021 20.04.2033 fixed 4.2% 9 600 9 669 9 600 9 647 MFB202810/1 HU0000360912 17.11.2021 22.10.2028 fixed 3.9% 34 550 34 665 34 550 34 628 01.12.2021 23 495 22 958 23 495 22 789 MFB202410/1 HU0000361027 08.10.2021 24.10.2024 fixed 4.3% 0 0 12 441 12 480 02.02.2022 0 0 16 550 16 589

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 57 31.12.2024 31.12.2023 Name of bond ISIN code Issue date Maturity date Interest rate (annually) Nominal value Carrying value Nominal value Carrying value currency Currency equivalent HUF equivalent HUF equivalent Currency equivalent HUF equivalent HUF equivalent 06.10.2022 0 0 4 900 4 578 MFB202910/1 HU0000361035 08.12.2021 24.10.2029 fixed 4.6% 10 680 10 576 10 680 10 540 02.02.2022 24 100 23 334 24 100 23 159 MFB202704/1 HU0000361092 15.12.2021 22.04.2027 fixed 4.5% 24 575 25 275 24 575 25 248 19.01.2022 9 600 9 769 9 600 9 717 16.02.2022 9 453 9 572 9 453 9 502 26.10.2023 29 000 26 872 29 000 25 745 MFB202511/1 HU0000361761 15.06.2022 26.11.2025 fixed 7.8% 13 500 13 479 13 500 13 355 15.09.2022 6 700 6 481 6 700 6 216 17.11.2022 2 000 1 947 2 000 1 880 MFB202803/1 HU0000362975 27.09.2023 23.03.2028 fixed 8.2% 48 115 50 117 48 115 47 857 MFB202610/1 HU0000363064 11.10.2023 21.10.2026 fixed 9.2% 14 625 14 547 14 625 14 419 MFB202905/Z HU0000363593 20.03.2024 23.05.2029 fixed 6.5% 10 800 11 189 MFB203005/T HU0000363775 02.05.2024 22.05.2030 fixed 7.5% 24 475 25 322 MFB202902/1 HU0000363874 29.05.2024 28.02.2029 fixed 7.4% 48 965 50 923 26.06.2024 25 017 26 316 MFB202802/1 HU0000364245 18.09.2024 02.02.2028 fixed 6.3% 11 600 11 827 16.10.2024 13 050 13 218 MFB202906/1 HU0000364286 02.10.2024 27.06.2029 fixed 6.1% 12 400 12 589 Total HUF Bonds 666 452 664 573 597 406 581 522 Total Bonds 1 693 376 1 685 316 1 778 313 1 762 504 *: the currency value column contains the value rounded to the nearest thousand units of the given currency In 2024, the Bank issued five new HUF denominated bonds with a nominal value of HUF 146 billion and expired two HUF bonds with a nominal amount of HUF 77 billion and three EUR bonds also expired with a nominal value of EUR 642.5 million. To support its sourcing activities, the Bank prepared the MFB Sustainable Financing Framework, which complies with international standards, and with which it undertakes to use its sustainable resources according to green and social criteria to finance and/or refinance sustainable goals with a positive environmental and social impact. The Framework's compliance was reviewed by the world's leading rating agency, Sustainalytics Morningstar. The successful auction held on 18th March 2024, was the first market-type green bond issue (MFB202905/Z) in the life of MFB Zrt., based on the steps it has taken towards sustainability in recent years. MFB Zrt. used the proceeds from the first social bond issue in 2024 (MFB203005/T) to finance or refinance

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 58 instruments defined by the framework that have a positive social impact and alleviate social problems and inequalities. The Bank was among the first in the Central and Eastern European region to issue social bonds. In 2023, the Bank issued one fix interest bearing USD bond with a nominal value of USD 1 125 million and three new EUR bonds at a nominal value of EUR 382.4 million as well as two new HUF bonds at a nominal value of HUF 62.7 billion and additional issuance of HUF 92.3 billion occurred at two HUF bonds. Two EUR denominated bonds totalling to EUR 700 milllion and two HUF denominated bonds at a nominal amount of HUF 140 227 million were expired during the year. Reconciliation of liabilities arising from financing activities 01.01.2024 Proceeds from bond issuance Discount/ Premium Repayments at maturity Exchange rate change Hedge impact 31.12.2024 HUF bonds 581 522 145 907 14 405 (77 261) 0 0 664 573 USD bonds 386 346 0 (27) 0 53 559 (6 709) 433 169 EUR bonds 794 636 0 (416) (256 034) 49 388 0 587 574 Total 1 762 504 145 907 13 962 (333 295) 102 947 (6 709) 1 685 316 01.01.2023 Proceeds from bond issuance Discount/ Premium Repayments at maturity Exchange rate change Hedge impact 31.12.2023 HUF bonds 579 192 139 202 3 355 (140 227) 0 0 581 522 USD bonds 0 386 503 1 023 0 (2 154) 974 386 346 EUR bonds 823 370 198 281 6 164 (190 136) (43 043) 0 794 636 Total 1 402 562 723 986 10 542 (330 363) (45 197) 974 1 762 504

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 59 16. PROVISIONS Provisions by title 31.12.2024 31.12.2023 Financial guarantees 4 902 780 Capital commitment 146 156 Loan commitments 7 951 4 920 Subtotal for IFRS 9 provision method 12 999 5 856 Legal cases 0 0 Employee jubilee program, other 470 390 Total (Note 28) 13 469 6 246 Based on the judgement of the Legal department, the amount of provision regarding legal cases are expected to be settled in more than twelve months after the reporting period. 17. OTHER LIABILITIES 31.12.2024 31.12.2023 Non- income taxes 1 326 1 185 Settlement from wages 1 423 1 039 Deferred income 4 187 3 325 Accrued costs 1 097 938 Lending related liabilities 809 2 092 Advance payments from managing authorities 10 263 1 285 Fees due before disbursement but not paid 145 75 Investment unit commitments 93 219 41 827 Deferred initial fair value adjustment 8 010 13 522 Other 173 165 Total 120 653 65 453 Liabilities to managing authorities include advances on expenditure reimbursement relating to the EU programming period 2007-2013, 2014-2020 and 2021-2027 (see Note 13). Investment unit commitments are related to MFB Invest Befektetési és Vagyonkezelő Zrt., MFB Növekedési Tőkealap, Central European Fund of Funds and MFB Vállalati Beruházási és Tranzakciós Magántőkealap. The amounts are payable as required by the investment plans. The deferred initial fair value adjustment line represents the initial fair value adjustment, which is determined based on the internal models, and is therefore deferred and amortized to the profit and loss in parallel to the amortization of the underlying instruments (loans taken in FGS program, see Note 13).

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 60 18. SHARE CAPITAL, SHARE PREMIUM AND VALUATION RESERVE Share capital 100% of the shares are owned by the Hungarian State. The total value of the 519 900 ordinary shares, with HUF 1 million nominal value each was HUF 519 900 million. Share premium Share premium represents the difference between the nominal value of the subscribed share and the amount received at subscription. The Bank’s share premium both on 31st December 2024 and 2023 was HUF 81 870 million. Retained earnings Per Government Decree 216/2024. (VII. 31.) in 2024 the Bank, as a 100% state-owned entity, had to save HUF 151.6 million mainly on Personal expenses and pay the savings to the State Budget. According to IFRS Conceptual Framework the transaction qualifies as a distribution to shareholders and has to be accounted as dividend under IFRS 9. In these financial statements the Bank charged the amount directly to Retained earnings. Valuation reserve Change in fair value on financial instruments measured at fair value through other comprehensive income Notes 31.12.2024 31.12.2023 Opening balance (1 063) (5 892) Change in fair value 415 4 942 Expected credit loss on debt instruments 0 0 Foreign exchange difference 56 (26) Transfer to profit or loss due to derecognition 0 0 Income tax effect 33 (87) Closing balance (559) (1 063) Hungarian Accounting Act (Act C of 2000, section 114/B) Pursuant to section 114/B of the Hungarian Accounting Act, the Bank shall present a specific equity reconciliation table for the reporting date and present it as part of the notes. The equity reconciliation table contains the opening and closing information for each component of IFRS equity, and the opening and closing information for certain specified equity components, as well as the amount of the retained earnings available for payment of dividends. This amount can be determined from the last row of the equity reconciliation table and consists of retained earnings and after-tax profit for the year, less any increase in the valuation reserve for investment properties and increased by its tax impact. This section of the Accounting Act defines the content of the free profit reserve available for payment of dividends. Parts of the reconciliation table Share capital: as defined in the articles of association to the extent that it is an equity instrument. Capital reserve: the sum of all components of equity that do not meet the definition of IFRS share capital, subscribed but not paid-up capital, retained earnings, valuation reserve, after-tax profit or allocated reserve. Retained earnings: accumulated profit of the previous years that was not paid as dividends to shareholders.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 61 Valuation reserve: the sum of other comprehensive income, including cumulative and other comprehensive income for the year, plus the amount of the valuation reserve created before the transition to IFRS. Allocated reserve: includes amounts appropriated from the capital reserve and the retained earnings. Pursuant to the provisions of the Hungarian Credit Institutions Act, a credit institution is required to set aside 10% of its after-tax profit for the year, which it may use only to offset losses from its activities. In accordance to the section 83 (7) of the Credit Institution Act, if a credit institution prepares its annual financials in accordance with IFRS, it must separate the general reserve from the retained earnings and presents it as an Allocated reserve in the equity reconciliation table.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 62 Based on section 114/B of the Hungarian Accounting Act, the Bank's equity reconciliation table for 31 December 2024 is as follows: 31 December 2024 Share Capital Capital Reserve Retained earnings Other Reserves Valuation reserve Allocated reserve Profit after tax Total Own equity under IFRS rules 519 900 81 870 32 413 1 931 (559) 0 0 635 555 General reserve (1 931) 1 931 0 Profit after tax (6 388) 6 388 0 Other comprehensive income 0 Own equity under Hungarian Accounting Act rules (section 114/B) 519 900 81 870 26 025 0 (559) 1 931 6 388 635 555 The registered share capital by the Court is HUF 519 900 million. The reserve available for dividend payment is HUF 32 413 million. Based on section 114/B of the Hungarian Accounting Act, the Bank's equity reconciliation table for 31 December 2023 is as follows: 31 December 2023 Share Capital Capital Reserve Retained earnings Other Reserves Valuation reserve Allocated reserve Profit after tax Total Own equity under IFRS rules 519 900 81 870 26 816 1 292 (1 063) 0 0 628 815 General reserve (1 292) 1 292 0 Profit after tax (2 345) 2 345 0 Other comprehensive income 0 Own equity under Hungarian Accounting Act rules (section 114/B) 519 900 81 870 24 471 0 (1 063) 1 292 2 345 628 815 The registered share capital by the Court is HUF 519 900 million. The reserve available for dividend payment is HUF 26 816 million.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 63 19. OTHER RESERVES General reserve Other reserve includes general reserve that is in accordance with Section 83 of Act No. CCXXXVII of 2013 equal to ten percent of the net profit after tax. The general reserve created and used in accordance with Hungarian legislation has been allocated directly from the profit and loss reserve in the IFRS annual accounts. The Bank is not allowed to pay dividend from the statutory reserves. 20. CONTINGENT AND FUTURE LIABILITIES To meet the financial needs of customers, the Bank enters into various irrevocable commitments and contingent liabilities. These consist of financial guarantees and other undrawn commitments to lend. Other non-financial guarantees commit the Bank to make payments on behalf of customers in the event of a specific act, generally related to the import or export of goods. Guarantees carries a similar credit risk to loans. Even though these obligations may not be recognized on the statement of financial position, they do contain credit risk and are therefore part of the overall risk of the Bank. 31.12.2024 31.12.2023 Loan commitments 239 689 340 389 Capital commitments 338 983 351 816 Guarantees 1 111 841 860 233 Guarantees and loan commitments total 1 690 513 1 552 438 Legal cases 32 309 Other commitments 9 842 1 531 Total 1 700 387 1 554 278 Capital commitments represent the subscribed but not yet paid capital increase of venture capital investments/notes that is payable as required by the investment plans if the investment is closer to a loan commitment. Other commitments represent potential further capital increase for the Central European Fund of Funds that is not included in the investment plans, but its maximum amount was set in the foundation indeed of the fund. As owners’ decision is necessary to determine the actual need and amount therefore this amount is not yet an obligation.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 64 21. NET INTEREST INCOME 2024 2023 Financial assets at fair value through other comprehensive income 3 231 3 413 Financial assets at amortized cost 129 172 123 850 Negative interest from financial liabilities 0 2 Interest income calculated using the effective interest method 132 403 127 265 Financial assets held for trading 37 611 26 336 Non-trading financial assets mandatorily at fair value through profit or loss 2 543 2 743 Derivatives – Hedge accounting 4 596 6 822 Other assets 21 846 44 555 Other similar income 66 596 80 456 Total interest income 198 999 207 721 Interest expense Financial liabilities held for trading (40 268) (50 429) Financial liabilities at amortized cost (150 890) (139 066) Derivatives – Hedge accounting (6 328) (4 000) Other liabilities (363) (523) Negative interest from financial assets (2) (2) Total interest expense (197 851) (194 020) Net interest income 1 148 13 701 Net interest income analysis by customer types: 2024 2023 Interest income Customers 91 385 94 165 National Bank of Hungary 21 581 44 704 Other banks 54 170 41 491 Securities 31 863 27 361 Total 198 999 207 721 Interest expense Customers (2 528) (2 600) National Bank of Hungary (4 185) (2 918) Other banks (109 581) (134 275) Securities (81 557) (54 227) Total (197 851) (194 020) Net interest income 1 148 13 701

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 65 22. DIVIDEND INCOME 23. NET FEE AND COMMISSION INCOME 2024 2023 Fee and commission income Guarantee fees 5 937 5 206 Loan servicing fees 481 249 Other fees and commission 12 12 Total 6 430 5 467 Fee and commission expenses Agent fees (125) (140) Guarantee fees (774) (774) Bank account commission (104) (66) Commitment fee (47) 0 Other fees and commission (2) (2) Total (1 052) (982) Net fee and commission income 5 378 4 485 24. GAINS OR (-) LOSSES ON FINANCIAL ASSETS AND LIABILITIES HELD FOR TRADING, NET 2024 2023 Interest rate swaps (23) (5) Cross currency interest rate swaps 29 127 (8 841) Foreign currency swaps (1 157) 2 426 Total 27 947 (6 420) 25. GAINS OR (-) LOSSES ON NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS, NET 2024 2023 Loans and advances to customers (229) 96 Loans and advances to banks 56 (25) Venture capital note – investment type 65 (134) Venture capital note – loan type 39 616 22 368 Total 39 508 22 305 2024 2023 Dividend received from subsidiaries 8 386 8 016 MKK Zrt. 7 176 8 016 MFB Ingatlanfejlesztő Zrt. 1 210 0 Dividend received from Other investments 6 3 Other investments 6 3 Total 8 392 8 019

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 66 26. OTHER OPERATING INCOME/EXPENSES 2024 2023 Other income Compensation received 8 754 4 820 Recovery of previous years costs 100 36 Rental income 119 114 Deferred initial fair value of borrowings 4 088 2 735 Other 635 137 Total other operating income 13 696 7 842 Other expenses Donations (421) (347) Expenses related to previous years (264) (93) Taxes – except income tax and special bank tax (1 962) (2 229) Special bank tax (5 123) (4 122) Extra profit tax (486) (2 234) Other expenses related to lending and borrowing (822) (935) Deferred initial fair value of loans granted (4 101) (2 755) Expense on legal cases (8) (20) Other (508) (131) Total other operating expense (13 695) (12 866) The Bank receives compensations for performing the tasks in connection with 2007-2013, 2014- 2020 and 2021-2027 EU programming periods (further details in Note 13). The Bank did not receive any consideration from the State for the exercising of owner’s rights as determined in the XXII chapter of the central budget since 2023. 27. GENERAL AND ADMINISTRATIVE EXPENSES 2024 2023 Wages and salaries (8 923) (6 749) Compulsory social security (1 402) (1 209) Other personnel expenses (1 488) (1 138) Personnel expenses (11 813) (9 096) Marketing (1 074) (1 147) Expert fees (1 378) (591) Rental expense (797) (553) System support and maintenance (1 101) (845) Office maintenance (436) (381) Traveling (89) (76) Media (111) (104) Other material type costs (75) (62) Post and newspapers (107) (100) Electricity, water, gas supply (172) (416) Membership fees (96) (63) Education (66) (70) Insurances (109) (77) Other welfare services (66) (51) Other (161) (89) Other general administrative expenses (5 838) (4 625) Total general and administrative expenses (17 651) (13 721) The average number of the employees in 2024 was 460 (2023: 391). Expert fees include HUF 143 million gross fees paid to the auditor for the 2024 annual audit and other audit related services (2023: HUF 80 million). There was no fee paid to the statutory auditor in 2024 or in 2023 for any non-audit services. There was no fee paid to group members of statutory auditor for non-audit services provided to the Bank during 2024 (2023: HUF 21.6 million).

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 67 28. PROVISIONS OR (-) REVERSAL OF PROVISIONS 31.12.2024 31.12.2023 Other items Guarantees and loan commitments Capital commitments Total Other items Guarantees and loan commitments Capital commitments Total 1. Opening balance on 1st January (390) (5 700) (156) (6 246) (291) (4 207) (208) (4 706) 2. Charge (160) (6 601) 0 (6 761) (140) (1 988) 0 (2 128) 3. Release 17 184 18 219 41 252 52 345 4. Utilization 63 0 0 63 0 0 0 0 5. Foreign exchange difference 0 (736) (8) (744) 0 243 0 243 6. Closing balance on 31st December (470) (12 853) (146) (13 469) (390) (5 700) (156) (6 246) Net movement (excludingFX movement) (80) (6 417) 18 (6 479) (99) (1 736) 52 (1 783) Profit or loss impact Other income (legal cases) 0 0 0 0 0 0 0 0 Impairment (-) or reversal of impairment of financial instruments 0 (6 417) 18 (6 399) 0 (1 736) 52 (1 684) Amounts charged to wages (80) (80) (99) (99) The table below presents the changes in the provision for financial guarantees and undrawn loan commitments during 2024 by credit risk stages. The movements represent every change during the year. Opening balance on 1st January 2024 Net charge without stage transfer Charge due to origin Utilization and expiries From stage 1 to stage 2 From stage 2 to stage 1 From stage 2 to stage 3 FX impact Closing balance on 31st December 2024 Guarantees (780) (3 844) (278) 10 0 0 0 (10) (4 902) Stage 1 (252) (450) (252) 10 63 (24) (10) (915) Stage 2 (528) (3 394) (26) 0 (63) 24 0 (0) (3 987) Stage 3 0 0 0 0 0 0 0 Loan commitments (4 920) (543) (1 788) 26 0 0 0 (726) (7 951) Stage 1 (105) (50) (195) 16 46 0 (3) (291) Stage 2 (4 731) (580) (1 593) 10 (46) 0 0 (720) (7 660) Stage 3 (84) 87 0 0 0 (3) 0 Capital commitments (156) 8 0 10 0 0 0 (8) (146) Stage 1 (156) 8 0 10 0 0 0 (8) (146) TOTAL (5 856) (4 379) (2 066) 46 0 0 0 (744) (12 999)

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 68 The table below presents the changes in the provision for financial guarantees and undrawn loan commitments during 2023 by credit risk stages. Opening balance on 1st January 2023 Net charge without stage transfer Charge due to origin Utilization and expiries From stage 1 to stage 2 From stage 2 to stage 1 From stage 2 to stage 3 FX impact Closing balance on 31st December 2023 Guarantees (210) (470) (116) 12 0 0 0 4 (780) Stage 1 (189) (379) (36) 7 341 0 4 (252) Stage 2 (21) (91) (79) 5 (341) 0 0 0 (528) Stage 3 0 0 0 0 0 0 0 Loan commitments (3 997) (1 057) (128) 22 0 0 0 239 (4 920) Stage 1 (29) (143) (44) 9 94 0 7 (105) Stage 2 (3 723) (1 161) (1) 13 (94) 0 0 235 (4 731) Stage 3 (245) 247 (83) 0 0 (3) (84) Capital commitments (208) 52 0 0 0 0 0 0 (156) Stage 1 (208) 52 0 0 0 0 0 0 (156) TOTAL (4 415) (1 475) (244) 34 0 0 0 243 (5 856) 29. IMPAIRMENT (-) OR REVERSAL OF IMPAIRMENT OF FINANCIAL INSTRUMENTS 2024 2023 Charge due to origin Net charge without stage transfer Total on 31st December Charge due to origin Net charge without stage transfer Total on 31st December Customer loans (3 004) (15 470) (18 474) (3 184) (5 489) (8 672) Loans to banks (6) (0) (6) 0 3 3 Debt securities (268) 1 003 735 (48) 193 145 Deposits at Central and other banks 0 0 0 (1) 6 5 Other financial receivables 0 4 4 0 (3) (3) Other demand deposits 0 (1) (1) 0 8 8 Guarantees (278) (3 834) (4 112) (116) (458) (574) Loan commitments (1 788) (517) (2 305) (128) (1 034) (1 162) Capital commitments 0 18 18 0 52 52 Total profit and loss impact (5 345) (18 797) (24 142) (3 476) (6 722) (10 198)

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 69 Recovery on purchased receivables represents the actual recovery since initial recognition or planned recovery due to the change in the assumptions in the model used to estimate the future recovery. The table below presents the changes in the impairment for financial assets during 2024 by credit risk stages. The movements represent every change during the year. LOANS Opening balance on 1st January 2024 Charge due to origin Utili zation Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Unwin ding FX impact Closing balance on 31st December 2024 Customer loans – Stage 1 (4 137) (672) 0 772 751 0 (5) (142) (3 434) General governments (69) 0 0 (82) 0 0 0 (1) (152) Other financial corporations (229) (76) 0 48 48 0 0 0 (209) Other non-financial corporations (3 822) (527) 0 930 699 0 (5) (141) (2 867) Households (18) (68) 0 (123) 4 0 0 0 (206) Loans to banks – Stage 1 (2) (6) 0 (0) 0 0 0 0 (8) Refinancing loans 0 0 0 0 0 0 0 0 0 Other loans (2) (6) 0 (0) 0 0 0 0 (8) Customer loans – Stage 2 (22 501) (1 651) 0 (15 240) (751) 940 5 (8 265) (2 018) (49 480) General governments 0 0 0 0 0 0 0 0 0 0 Other financial corporations (2 271) (1 276) 0 (1 918) (48) 0 0 0 (225) (5 738) Other non-financial corporations (20 169) (375) 0 (13 290) (699) 899 5 (8 263) (1 793) (43 685) Households (61) 0 0 (32) (4) 41 0 (1) 0 (57) Loans to banks – Stage 2 0 0 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0 0

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 70 LOANS Opening balance on 1st January 2024 Charge due to origin Utili zation Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Unwin ding FX impact Closing balance on 31st December 2024 Customer loans – Stage 3 (43 816) (681) 11 374 (1 943) (940) 0 8 265 (1 285) (1 293) (30 319) General governments 0 0 0 0 0 0 0 0 0 0 Other financial corporations (16 148) 0 11 341 (1 250) 0 0 0 99 0 (5 958) Other non-financial corporations (27 659) (680) 33 (736) (899) 0 8 263 (1 384) (1 293) (24 355) Households (9) (1) 0 44 (41) 0 1 (1) 0 (6) Customer loans – POCI (210) 0 0 79 0 0 (131) General governments 0 0 0 0 0 0 0 Other financial corporations 0 0 0 0 0 0 0 Other non-financial corporations (210) 0 0 79 0 0 (131) Households 0 0 0 0 0 0 0 Loans to banks – Stage 3 0 0 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0 0 Customer loans - TOTAL (70 664) (3 004) 11 374 (16 331) 0 0 0 0 (1 285) (3 453) (83 364) General governments (69) 0 0 (82) 0 0 0 0 0 (1) (152) Other financial corporations (18 648) (1 352) 11 341 (3 120) 0 0 0 0 99 (225) (11 905) Other non-financial corporations (51 859) (1 583) 33 (13 018) 0 0 0 0 (1 384) (3 227) (71 038) Households (89) (69) 0 (111) 0 0 0 0 (1) 0 (269) Loans to banks - TOTAL (2) (6) 0 (0) 0 0 0 0 0 0 (8) Refinancing loans 0 0 0 0 0 0 0 0 0 0 0 Other loans (2) (6) 0 (0) 0 0 0 0 0 0 (8)

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 71 DEBT SECURITIES Opening balance on 1st January 2024 Charge due to origin Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 FX impact Closing balanceon 31st December 2024 Stage 1 (1 836) (268) (349) 28 0 0 (28) (2 453) Hungarian government bonds 0 0 0 0 0 0 0 0 Corporate bonds (1 833) (253) (339) 28 0 0 (28) (2 425) Mortgage bonds (3) (15) (10) 0 0 0 0 (28) Stage 2 (1 616) 0 1 386 (28) 0 0 0 (259) Hungarian government bonds 0 0 0 0 0 0 0 0 Corporate bonds (1 616) 0 1 386 (28) 0 0 0 (259) Mortgage bonds 0 0 0 0 0 0 0 0 Total (3 452) (268) 1 036 0 0 0 (28) (2 712) Hungarian government bonds 0 0 0 0 0 0 0 0 Corporate bonds (3 449) (253) 1 046 0 0 0 (28) (2 684) Mortgage bonds (3) (15) (10) 0 0 0 0 (28) DEPOSITS AT CENTRAL AND OTHER BANKS Opening balance on 1st January 2024 Charge due to origin Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2024 Stage 1* (1) 0 0 (1) Central bank deposits 0 0 0 0 Other bank deposits (1) 0 0 (1) *: Only stage 1 deposits were in the Bank’s portfolio in 2024. OTHER FINANCIAL ASSETS Opening balance on 1st January 2024 Charge due to origin Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2024 Stages* (4) 0 4 0 Trade receivables 0 0 0 0 Margin accounts (4) 0 4 0 *: Trade receivables cover stage 2, while margin accounts cover stage 1 items.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 72 OTHER DEMAND DEPOSITS Opening balance on 1st January 2024 Charge due to origin Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 FX impact Closing balance on 31st December 2024 Stage 1* (2) 0 (1) 0 (3) Cash balances with National Bank of Hungary (2) 0 (1) 0 (3) Other demand deposits (0) 0 0 0 0 *: Only stage 1 deposits were in the Bank’s portfolio in 2024. The table below presents the changes in the impairment for financial assets during 2023 by credit risk stages. LOANS Opening balance on 1st January 2023 Charge due to origin Utili zation Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Unwin ding FX impact Closing balance on 31st December 2023 Customer loans – Stage 1 (3 552) (863) 0 (410) 568 0 (0) 120 (4 137) General governments (37) 0 0 (34) 0 0 0 2 (69) Other financial corporations (203) (59) 0 (196) 230 0 (0) 0 (229) Other non-financial corporations (3 309) (804) 0 (165) 338 0 (0) 118 (3 822) Households (3) 0 0 (16) 0 0 (0) 0 (18) Loans to banks – Stage 1 (5) 0 0 3 0 0 0 0 (2) Refinancing loans 0 0 0 0 0 0 0 0 0 Other loans (5) 0 0 3 0 0 0 0 (2) Customer loans – Stage 2 (35 457) (63) 0 (4 916) (568) 18 025 0 (227) 705 (22 501) General governments 0 0 0 0 0 0 0 0 0 0 Other financial corporations (4 785) (32) 0 (1 615) (230) 4 346 0 (22) 67 (2 271) Other non-financial corporations (30 603) (31) 0 (3 308) (338) 13 678 0 (205) 638 (20 169) Households (69) 0 0 7 0 1 0 (0) 0 (61) Loans to banks – Stage 2 0 0 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0 0

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 73 LOANS Opening balance on 1st January 2023 Charge due to origin Utili zation Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Unwin ding FX impact Closing balance on 31st December 2023 Customer loans – Stage 3 (22 782) (2 046) 16 (163) (18 025) 0 227 (1 998) 955 (43 816) General governments 0 0 0 0 0 0 0 0 0 0 Other financial corporations (8 431) (112) 0 (3 019) (4 346) 0 22 (263) 0 (16 148) Other non-financial corporations (14 344) (1 935) 16 2 857 (13 678) 0 205 (1 735) 955 (27 659) Households (7) 0 0 (1) (1) 0 0 0 0 (9) Customer loans – POCI 0 (210) 0 0 0 0 (210) General governments 0 0 0 0 0 0 0 Other financial corporations 0 0 0 0 0 0 0 Other non-financial corporations 0 (210) 0 0 0 0 (210) Households 0 0 0 0 0 0 0 Loans to banks – Stage 3 0 0 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0 0 Customer loans - TOTAL (61 791) (3 184) 16 (5 489) 0 0 0 0 (1 998) 1 781 (70 664) General governments (37) 0 0 (34) 0 0 0 0 0 2 (69) Other financial corporations (13 419) (203) 0 (4 830) 0 0 0 0 (263) 67 (18 648) Other non-financial corporations (48 256) (2 981) 16 (616) 0 0 0 0 (1 735) 1 712 (51 859) Households (79) 0 0 (10) 0 0 0 0 0 0 (89) Loans to banks - TOTAL (5) 0 0 3 0 0 0 0 0 0 (2) Refinancing loans 0 0 0 0 0 0 0 0 0 0 0 Other loans (5) 0 0 3 0 0 0 0 0 0 (2)

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 74 DEBT SECURITIES Opening balance on 1st January 2023 Charge due to origin Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 FX impact Closing balance on 31st December 2023 Stage 1 (3 626) (48) 970 839 0 0 29 (1 836) Hungarian government bonds 0 0 0 0 0 0 0 Corporate bonds (3 625) (48) 972 839 0 0 29 (1 833) Mortgage bonds (1) 0 (2) 0 0 0 0 (3) Stage 2 0 0 (777) (839) 0 0 0 (1 616) Hungarian government bonds 0 0 0 0 0 0 0 0 Corporate bonds 0 0 (777) (839) 0 0 0 (1 616) Mortgage bonds 0 0 0 0 0 0 0 0 Total (3 626) (48) 193 0 0 0 29 (3 452) Hungarian government bonds 0 0 0 0 0 0 0 0 Corporate bonds (3 625) (48) 195 0 0 0 29 (3 449) Mortgage bonds (1) 0 (2) 0 0 0 0 (3) DEPOSITS AT CENTRAL AND OTHER BANKS Opening balance on 1st January 2023 Charge due to origin Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2023 Stage 1* (6) (1) 6 (1) Central bank deposits 0 0 0 0 Other bank deposits (6) (1) 6 (1) *: Only stage 1 deposits were in the Bank’s portfolio in 2023.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 75 OTHER FINANCIAL ASSETS Opening balance on 1st January 2023 Charge due to origin Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2023 Stages (1) 0 (3) (4) Trade receivables 0 0 0 0 Margin accounts (1) 0 (3) (4) *: Trade receivables cover stage 2, while margin accounts cover stage 1 items OTHER DEMAND DEPOSITS Opening balance on 1st January 2023 Charge due to origin Net charge without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 FX impact Closing balance on 31st December 2023 Stage 1* (10) 0 8 0 (2) Cash balances with National Bank of Hungary (9) 0 7 0 (2) Other demand deposits (1) 0 1 0 (0) *: Only stage 1 deposits were in the Bank’s portfolio in 2023.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 76 30. IMPAIRMENT OR (-) REVERSAL OF IMPAIRMENT OF INVESTMENTS IN SUBSIDIARIES AND ASSOCIATES 31.12.2024 31.12.2023 1. Opening balance on 1st January (26 617) (18 155) 2. Charge (12 227) (11 720) 3. Release 6 200 3 258 3.a. Release through profit or loss 6 200 0 3.b. Utilization 0 3 258 4. Foreign exchange difference 0 0 5. Reclassification 0 0 6. Closing balance on31st December (32 644) (26 617) Net movement (6 027) (8 462) Profit or loss impact (2+3a) (6 027) (11 720) 31. TAXATION Income tax expenses include current taxes, and deferred taxes. In both 2024 and 2023 the corporate tax rate was 9%, the local tax rate was 2%, and the innovation contribution rate was 0.3%. 2024 2023 Current tax 379 576 from this corporate tax 0 24 from this local tax and innovation contribution 379 552 Deferred tax 13 (34) Total 392 542

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 77 The following table represents deferred tax asset and liability movements reported either in the income statement or in the other comprehensive income. 31.12.2024 31.12.2023 Recognized in profit or loss Recognized in OCI Deferred tax liability Recognized in profit or loss Recognized in OCI Deferred tax liability Tax expense 379 576 Deferred tax by titles Property, plant and equipment 8 0 92 10 0 84 FVOCI debt securities, equity instruments 0 (34) 70 0 87 104 Other provisions (8) 0 (39) (10) 0 (31) Tax loss carry forward 13 0 (56) (34) 0 (69) Total 13 (34) 67 (34) 87 88 Total tax expense in the Income statements 392 542 The following table represents deferred tax asset and liability movements during the year. 31.12.2024 Opening Incerases Decreases Closing Type of deferred tax Asset/Liability base tax base tax base tax base tax Property, plant and equipment Liability 938 84 88 8 0 0 1 026 92 Other provision Asset (356) (31) (88) (8) 0 0 (444) (39) FVOCI debt securities Liability 785 88 0 0 414 37 371 51 FVOCI equity investments Liability 178 16 41 3 0 0 219 19 Tax loss carry forward Asset (773) (69) 0 0 (145) (13) (628) (56) Total 772 88 40 3 269 24 543 67 of which related to corporate income tax 69 3 16 56

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 78 31.12.2023 Opening Incerases Decreases Closing Type of deferred tax Asset/Liability base tax base tax base tax base tax Property, plant and equipment Liability 822 74 116 10 0 0 938 84 Other provision Assets (247) (22) (109) (9) 0 0 (356) (31) FVOCI debt securities Liability 0 0 785 88 0 0 785 88 FVOCI equity investments Liability 204 18 0 0 (26) (2) 178 16 Tax loss carry forward Asset (390) (35) (383) (34) 0 0 (773) (69) Total 389 35 409 55 (26) (2) 772 88 of which realted to corporate income tax 35 36 (2) 69 The following table reconciles income taxes as reported in the income statement. Reconciliation of effective tax rate 2024 2023 Tax rate Amount Tax rate Amount Profit (loss) before income taxes 6 780 2 887 Corporate tax 9.00% 610 9.00% 260 Local tax and innovation contribution impact 5.59% 379 19.07% 550 Permanent differences Local tax (0.50%) (34) (1.72%) (50) Tax loss carry forward 3.05% 206 15.89% 459 Non-tax deductible items 0.10% 7 0.13% 4 Dividend (11.14%) (755) (25.00%) (722) Other (0.31%) (21) 1.41% 41 Effective tax 5.78% 392 19.81% 542 The accumulated amount of tax losses carries forward in 2024 was HUF 61 562 million (2023: HUF 64 597 million). The tax losses originated until 2014 (HUF 51 357 million) can be carried forward until 31st December 2030. Those which are originated from 2015 can be carried forward in the next 5 years after origination (2025: HUF 10 833 million). The future realization of the tax loss carries forward is uncertain and therefore a deferred tax asset is only recognized in an amount that compensates 50% of the deferred tax liability, since, according to the Hungarian tax legislation in force, the losses that can be utilized on annual basis shall not be more than the 50% of the positive tax base. The amount of the not recognized deferred tax asset on tax loss carry forward on 31st December 2024 is HUF 5 541 million (2023: HUF 5 744 million).

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 79 32. RELATED PARTIES The Bank is owned by the Hungarian State. The Bank identifies subsidiaries and associates as related parties that are part of the MFB Group. The related parties also include members of the Executive board and the Board of Supervisors, as well as companies over which these persons have control or significant influence. Related party transactions are carried out under normal market conditions. The Bank using the option provided in IAS 24.25 and does not disclose its transactions with other state-owned companies and disclose only the most significant transactions with the Hungarian State, such as state securities, taxes and reimbursements. The definitions of the headings used in the table below are as follows. State: The ultimate controlling party. The State column in the below table includes the major items due to or from the various state bodies. The rows of securities include government securities issued by the Central Government Debt Management Agency (ÁKK). Tax payable or refund able to the National Tax and Customs Administration (NAV) is included in the tax receivables/liabilities lines. Other assets/liabilities include reimbursement from the Managing Authorities and advances received. Receivables from the State due to currency-hedging agreement include the claim on the Ministry of Finance. The income statement lines include the effects of the above items such as interest income, tax payments, or reimbursement income. Subsidiaries: Any company where the Bank has managing control. The Bank has control when it is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Associates: Any company where the Bank has significant influence but has no control over financial and operational policies.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 80 31.12.2024 31.12.2023 Subsidiaries Associates State Subsidiaries Associates State ASSETS Financial assets at fair value through other comprehensive income 0 0 18 932 0 0 42 762 Debt securities 0 0 18 932 0 0 42 762 Financial assets at amortized cost 36 761 21 649 31 227 32 747 28 381 27 895 Debt securities 0 0 30 411 0 0 27 869 Loans to customers 36 761 21 649 0 32 747 28 381 0 Other financial receivables 0 0 816 0 0 26 Investments in subsidiariesand associates 335 249 277 555 343 549 116 282 Tax assets 299 673 Current tax assets 299 673 Other assets 462 1 12 173 276 2 377 4 080 Receivables from the state due to currency-hedging agreement 1 201 241 177 228 LIABILITIES Financial liabilities at amortized cost 368 1 582 223 320 1 033 0 Deposits 268 1 465 0 320 1 033 0 Other financial liabilities 100 117 223 0 0 0 Tax liabilities 0 0 Current tax liabilities 0 0 Other liabilities 28 848 63 157 11 780 40 389 3 2 520 Guarantees and loan commitments 2 538 214 268 0 7 739 224 131 0 PROFIT AND LOSS Interest income 2 497 2 282 3 596 3 113 3 287 4 267 Interest expense (20) (70) (42) (57) Dividend income 8 386 0 8 016 0 Fee and commission income 3 15 7 37 Fee and commission expense 0 (1) 0 (2) Gains or (-) losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net 230 0 0 0 Other operating income 17 2 7 961 6 1 4 826 Other operating expense (517) 0 (7 808) (544) (407) (6 709) Administrative expenses 0 (326) 0 0 0 0 Contract modification loss, net 0 (1) 0 (426) Impairment (-) or reversal of impairment of financial instruments 2 0 (1 524) (2 798) Impairment or (-) reversal of impairment of investments in subsidiaries and associates (7 527) 1 500 (11 720) 0 Tax expense or (-) income related to profit or loss from continuing operations (379) (576) 1: from the presented amount HUF 26 589 million (2023: HUF 17 236 million) was presented in the income statements’ line “Exchange differences [gain or (-) loss], net”. 2: the presented data excludes the collective impairment and provision created in accordance with the provision of IFRS 9

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 81 The compensation of key management personnel in 2024 and 2023 was the following: 2024 2023 Members of the Board of Directors 23 26 Members of the Supervisory Board 23 23 CEOs and deputy CEOs 208 162 Total 254 211 The table above includes the short-term benefits paid to the key management personnel. There was no post-employment benefit, long term benefit or termination benefit paid to the key management personnel and there is no share-based payment programme operated by the Bank. There was also no loan disbursement to the key management personnel. 33. SEGMENT REPORTING Operating segments are components that engage in business activities that may earn revenues or incur expenses, whose operating results are regularly reviewed by the chief operating decision maker (CODM), and for which discrete financial information is available. The CODM is the person ‒ or group of persons ‒ who allocates resources and assesses the performance for the entity. The functions of the CODM are performed by the Management Board of the Bank. The Bank's segment reporting is based on the following operating segments. Segments Activity Banking: Loans, deposits and other transactions and balances with customers and banks. Investment: Activities related to securities and investments. EU fund management: Activities related to the mediation of EU funds by the Bank. The Bank does not prepare geographical breakdowns because its primary business is carried out in Hungary and has no significant foreign operations. The results of the segments include the revenue and expenditure directly linked to that segment and the relevant part of the revenue and expenditure which may be assigned to a segment, whether from external transactions or from other segments of the Bank. Income statement items were broken down based on the principle that if an item is clearly assigned to the segment, the total amount was presented there, and where it cannot be clearly categorized the net segment’s asset-based allocation was followed. The banking and investment assets are clearly identifiable into the segments based on the Financial position statements lines. Liabilities and equity were separated into allocated and not-allocated parts. Not-allocated part represents the intangibles, property, plant and equipment, receivables from the state due to FX hedge agreement (those parts which were already closed, no unpaid loan contract behind it) and the liquidity reserve set by internal policy (5% of the total assets). The remainder was allocated proportionally to each segment.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 82 2024 Banking Investment EU fund management Total Total segment income and gain Interest income 198 999 0 0 198 999 from this interest income calculated using the effective interest method 132 403 0 0 132 403 from this other similar income 66 596 0 0 66 596 Fee and commission income 6 430 0 0 6 430 from this guarantee fees 5 937 0 0 5 937 from this loan servicing fees 481 0 0 481 from this other fees and commission 12 0 0 12 Dividend income 0 8 392 0 8 392 Gains on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net 372 0 0 372 Gains on financial assets and liabilities held for trading, net 18 236 9 711 0 27 947 Gains on non-trading financial assets mandatorily at fair value through profit or loss, net (174) 39 682 0 39 508 Other operating income 4 714 1 254 7 728 13 696 Total segment income and gain 228 577 59 039 7 728 295 344 Interest expenses (129 104) (68 747) 0 (197 851) Fee and commission expenses (1 052) 0 0 (1 052) from this agent fees (125) 0 0 (125) from this guarantee fees (774) 0 0 (774) from this bank account commission (104) 0 0 (104) from this commitment fees (47) 0 0 (47) from this other fees and commission (2) 0 0 (2) Loss from hedge accounting, net (1 747) (930) 0 (2 677) Exchange differences [loss], net (15 506) (8 257) 0 (23 763) Loss on non-trading financial assets mandatorily at fair value through profit or loss, net (3) (1) 0 (4) Administrative expenses (6 921) (3 578) (7 152) (17 651) Depreciation (558) (297) (576) (1 431) Other operating expenses (9 866) (3 402) (427) (13 695) Segment profit before impairment and provisions 63 820 (26 173) (427) 37 220 Impairment (-) or reversal of impairment of financial instruments (24 160) 18 0 (24 142) Impairment (-) or reversal of impairment of investments in subsidiaries and associates 0 (6 027) 0 (6 027) Impairment of non-financial instruments 0 0 0 0 Contract modification loss, net (271) 0 0 (271) Segment income before tax 39 389 (32 182) (427) 6 780 Income tax expense (392) Profit for the year 6 388 Segment revenues Interest income 198 999 0 0 198 999 Fee and commission income 6 430 0 0 6 430 Dividend income 0 8 392 0 8 392 Other operating income 4 714 1 254 7 728 13 696 Total segment revenue 210 143 9 646 7 728 227 517 Timing of revenue Point in time 11 144 9 646 7 728 28 518 Over time 198 999 0 0 198 999

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 83 31.12.2024 Banking Investment Not allocated Total Segment assets 2 190 375 1 329 017 272 986 3 792 378 Participation of segment from total assets 57.76% 35.04% 7.20% 100.00% Segment liabilities 2 075 806 1 047 123 33 894 3 156 823 Participation of segment from total liabilities 65.76% 33.17% 1.07% 100.00% 2023 Banking Investment EU fund management Total Total segment income and gain Interest income 207 721 0 0 207 721 from this interest income calculated using the effective interest method 127 265 0 0 127 265 from this other similar income 80 456 0 0 80 456 Fee and commission income 5 467 0 0 5 467 from this guarantee fees 5 206 0 0 5 206 from this loan servicing fees 249 0 0 249 from this other fees and commission 12 0 0 12 Dividend income 0 8 019 0 8 019 Gains on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net 56 4 0 60 Gains on non-trading financial assets mandatorily at fair value through loss, net 71 22 234 0 22 305 Gains on non-trading financial assets mandatorily at fair value through profit or loss, net 1 1 0 2 Exchange differences [profit], net 5 280 2 431 0 7 711 Other operating income 2 877 169 4 796 7 842 Total segment income and gain 221 473 32 858 4 796 259 127 Interest expenses (132 864) (61 156) 0 (194 020) Fee and commission expenses (982) 0 0 (982) from this agent fees (140) 0 0 (140) from this guarantee fees (774) 0 0 (774) from this bank account commission (66) 0 0 (66) from this other fees and commission (2) 0 0 (2) Gains on financial assets and liabilities held for trading, net (4 398) (2 023) 1 (6 420) Loss from hedge accounting, net (1 194) (549) 0 (1 743) Administrative expenses (9 366) (3 397) (103) (12 866) Depreciation (6 406) (2 947) (4 368) (13 721) Other operating expenses (624) (289) (427) (1 340) Segment profit before impairment and provisions 65 639 (37 503) (101) 28 035 Impairment (-) or reversal of impairment of financial instruments (10 246) 48 0 (10 198) Impairment (-) or reversal of impairment of investments in subsidiaries and associates 0 (11 720) 0 (11 720) Impairment of non-financial instruments 0 0 0 0 Contract modification loss, net (3 230) 0 0 (3 230) Segment income before tax 52 163 (49 175) (101) 2 887 Income tax expense (542) Profit for the year 2 345

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 84 2023 Banking Investment EU fund management Total Segment revenues Interest income 207 721 0 0 207 721 Fee and commission income 5 467 0 0 5 467 Dividend income 0 8 019 0 8 019 Other operating income 2 877 169 4 796 7 842 Total segment revenue 216 065 8 188 4 796 229 049 Timing of revenue Point in time 8 344 8 188 4 796 13 309 Over time 207 721 0 0 207 721 31.12.2023 Banking Investment Not allocated Total Segment assets 2 252 822 1 036 940 251 576 3 541 338 Participation of segment from total assets 63.61% 29.28% 7.10% 100.00% Segment liabilities 2 036 725 851 284 24 514 2 912 523 Participation of segment from total liabilities 69.93% 29.23% 0.84% 100.00% 34. FINANCIAL RISK MANAGEMENT The Bank’s internal governance is consistent with its market weight and prominent business role, as well as its approved business model, and it incorporates the relevant risk principles, organizational structure, decision-making structures (including boards and committees), risk management rules, models and methodologies. The Bank operates reporting lines that enable the monitoring of risk performance. The Group strives to balance business and risk management aspects pursuant to MFB Act. The Bank is continually developing its comprehensive risk culture that, in line with the Bank's risk appetite, ensures compliance with international standards and best practices, as well as applicable domestic regulatory conditions and recommendations, and the identification, measurement and management of risks related to banking operations. The Bank has an approved credit risk policy in line with the Bank's strategic objectives, comprehensive risk management policies and other policies covering different segments of risks (operational risk, market risk, etc.). Defining risk management principles includes defining risk appetite, risk management strategy and risk management policy, setting risk limits, defining and documenting risk management system processes, procedures, tasks, decision and control powers, , identifying risks in a continuous, timely manner, development of procedures and methods for measuring risks, measuring, assessing and monitoring risks, preparing reports on risk management activities, and establishing procedures to be followed in the event of exceeding established risk limits.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 85 The Bank has a strategy and processes to determine and maintain the capital adequacy of the size and composition necessary to cover its current and future risks. It is the Government's legal obligation to ensure the long-term and stable functioning of the Bank, and it also monitors in detail the Bank's risk- taking activities, the expediency and profitability of management. The Bank quantifies all risks arising and presents them to its management bodies, despite the fact that, based on Section 8 (2) of the MFB Act, the Bank was exempted from the internal assessment of capital adequacy required by Section 97 of Hpt.procedure and the excess capital requirement from formation and maintenance. Bank's risk management framework is based on a coherent, integrated approach: • Due to its core business, the Bank consciously assumes risks (lending, investment transactions) and manages the risks associated with core business. • A well-structured regulatory hierarchy provides the framework for risk management and control. • As part of its risk management activities, the Bank identifies, measures and manages relevant risks that are critical to its operations, considering the overall risk profile. • Methodological knowledge extends to the volatility of risks in stress situations, i.e., the size of a capital buffer needed to keep risk plan values safe. • Key risk indicators to monitor each type of risk (limits, processes, measures) are used to return the value of the indicators to the expected zone. • The Bank operates a management information system as part of its reporting lines to support efficient risk decision-making while an external reporting service operates for supervisory purposes. The primary tools for developing a risk and risk management culture are the regular review and updating of risk and risk management policies and internal regulatory documents, the continuous communication of the defined value system and the regular training of employees in line with their roles and responsibilities in risk-taking, risk management and risk control. This way an informed risk culture is embedded in the day-to-day operations of the Bank. The risk principles and strategies are approved by the Bank’s Board of Directors. The Board of Directors performing the management tasks regularly receives reports prepared by the Risk Management Division on the composition and development of the banking portfolio. On this basis the implementation of the risk strategy can be evaluated. The risk management governance model defines the responsibilities and duties of different bodies and individuals within each organization, with the aim of ensuring the sound and efficient management of activities and the management of different types of risk. The decision-making process defines, in a consistent manner, the responsibilities and powers of decision-making, consistent with the complexity of its decision-making areas and its financial impact. The key decision-making bodies and decision-makers are listed in the Decision-making Agenda, and their powers, organization and procedures are defined in the Articles of Association, the Rules of Procedure of the Board of Directors and the Decision-making Agenda.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 86 Decision - making Bodies • Owner of property rights, • Board of Directors • Executive Board, • Assets-Liabilities Management Committee, • Individual Loans Committee, • Problem Loans Committee, • EU Steering Committee, • Irregularities Management Committee, • Development Steering Committee, • Sustainable Finance Committee, • Monitoring Committee. Bodies with specific powers defined in the Bank's regulatory documents are also considered as Decision- making Bodies (e.g. Crisis Committee). The powers and responsibilities of each committee are contained in the Bank's Articles of Association, the Rules of Procedure of the Board of Directors and the Decision-Making Rules of Procedure. The determination of decision levels depends on the size of the commitment, the score and the level of coverage. Risk Management Division and Strategic Risk Management Directorate The Risk Management Division is completely separated from the Business Areas organizationally. The Head of the Division is a member of the Executive Board and reports directly to the CEO. The Bank exercises risk control function through a dedicated organizational unit, the Strategic Risk Management Directorate, which is independent of the business areas and the operational risk management area. In view of the aspects of proportionality, it is not justified to operate the risk control area as an independent division, therefore, assessing the advantages and disadvantages, the Bank operates the Strategic Risk Management Directorate within the framework of the Risk Management Division. The organizational unit performing the risk control function is responsible for defining the Bank's risk management framework, enforcing external and internal limits and controls, and monitoring the implementation of the above within the Bank and through intermediaries. In line with this, the Division is responsible for the risk oversight of the Strategic Group and operating of Group-level risk management. Departments of the Risk Management Division: • Operative Credit Risk Management Directorate The activities of the Operative Credit Risk Management Directorate include the identification and reduction of risks and the setting of risk limits in the preparation of credit and investment decisions. It is the responsibility of the Operative Credit Risk Management Directorate to monitor the risk assumptions at the time of contracting and disbursement and after the risk assumption. The Bank monitors the contractual obligations of its customers. o Risk Analysis Department The responsibilities of the Risk Analysis Department include the performance of risk analysis and risk control tasks for loans, investment transactions, fund managers and funds, the review and approval of customer ratings/limits, financial and sector analyses,

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 87 checking the fulfillment of contract and disbursement conditions, making recommendations for impairment and provisioning. o Monitoring Department Monitoring the exposures of clients in the portfolio owned by the Bank, developing and implementing approved action plans for clients with abnormal status. • Strategic Risk Management Directorate The Strategic Risk Management Directorate is responsible for the development and regulation of risk identification and measurement methodologies, the transparent presentation and application of risks, and the overall determination of risk losses. o Risk Control Department Coordinates the risk management activities of the strategic group members within the scope of their Bank-related responsibilities, acts as system administrator for risk management systems, manages market risks, represents risk control aspects in Bank and Group-level projects. • Special Credit Risk Management Directorate During its restructuring, pre-recovery and preparatory activities, the Special Credit Risk Management Directorate is responsible for the pre-work out activities within the Bank, i.e., the design and management of risk mitigation and reimbursement processes and the determination of risk losses (impairment, provisions). • Financial Instruments Control Directorate The Financial Instruments Control Directorate carries out on-the-spot checks on loans refinanced from its own resources or outsourced to ensure compliance with credit targets. o On-site Audit Department Carries out the audits set out in the audit plan, conducts extraordinary and follow-up audits as necessary, on which it prepares an audit report, and monitors the implementation of the actions required in the audit report. o Quality Assurance Methodology Department Development and implementation of mid-term audit strategy and annual audit plan, preparation of internal auditing policies and methodology, and follow-up of audit findings. • EU Compliance and Data Reporting Directorate During its activities, it coordinates the investigations initiated by external inspection bodies in connection with resource management activities. In addition, it performs tasks related to the closure of EU financial instruments and performs reporting and data reporting activities. o Irregularity Management Department It performs tasks related to the unauthorized use of resources in the EU programming periods regarding identification of responsibilities, registration, and reporting. Participates in the investigation of irregularities and unauthorized use of resources. The most significant risks arising from financial instruments to which the Bank is exposed are credit risk, liquidity risk, market risk (currency exchange rate risk and banking book interest rate risks), climate change-related and environmental risk, operational risk. Risk management policies are set by the Board of Directors of the Bank in accordance with the rules and regulations set by the National Bank of Hungary. The application of and compliance to these policies is supervised by the Board. The Bank has established reporting systems for continuous monitoring of these risks.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 88 A. CREDIT RISK a) Credit risk management Credit risk is the risk of financial loss to the Bank that arises from the client failing to meet its contractual obligations. Credit risk arises principally from the Bank’s lending and investment activities, including the acquisition of investment certificates. The Bank prepares and applies internal policies approved by the Board of Directors to achieve its strategy. These policies are intended to ensure the established and transparent risk exposure, the control of assessment and decrease of risks. The risk-taking regulations and policies developed for the safe management and prudent operation of the Bank are based on international and domestic professional practice, relevant legislation and supervisory recommendations and guidelines. Customer rating Customer and partner ratings must be performed during the decision-making process for all customers against whom the Bank intends to take risks. Beyond that, the Bank rates its clients at least once per year and performs extra reviews when appropriate. The customer rating procedures applied by the Bank are as follows: • customer qualification of new companies and project companies; • customer rating of operating companies; • classification based on consolidated financial statements; • customer rating of local government; • simplified customer rating based on objective and qualitative criteria; • Rating of venture capital funds and private equity funds; • country and customer (national and international financial institutions, insurance companies) rating. Customers are classified into customer rating categories based on objective and qualitative factors. The Bank uses the so-called slotting method for customer ratings of new companies and project companies, in accordance with the Basel recommendation. The customer rating of operating companies and customers subject to rating based on consolidated financial statements is based on a PD-based rating model. This rating may be modified by a maximum of one category in each direction by qualitative evaluation. The qualitative assessment includes an assessment of the ESG risks of the client. A simplified rating is prepared using an expert model for the rating of customers of exposures below HUF 50 million. Simplified rating procedures are also largely based on objective indicators. The rating of local governments and budgetary institutions is based on the analysis of defined objective indicators and subjective indicators. The Bank uses an expert model to rate venture capital funds and private equity funds.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 89 The applied ratings are the following: Rating category PD average (corporate) Credit quality 1 0.75% outstanding 2 1.64% strong 3 2.66% good 4 4.39% average 5 7.10% acceptable 6 9.94% weak 7 13.99% insolvent 8 100.00% default The default category includes customers against whom the Bank or any of its subsidiaries has a non- performing exposure, i.e., who is more than 90 days per due on their significant payment obligations against whom a legally binding bankruptcy, liquidation, debt settlement, forced liquidation procedure or other procedure aimed at the termination of his activity, or a reorganization or restructuring procedure is in progress, or who is likely not to fulfil his payment obligations in full against the Bank or any of its subsidiaries. In determining the default category, the Bank considers compliance with Article 178 of the CRR and the relevant MNB regulations. For the application of the criterion in Article 178 (1) (a) of CRR, we apply the Special and Workout monitoring statuses applied by the Bank, which indicate a non- performing category. Evaluation of collateral The main types of collaterals accepted by the Bank are as follows: • surety (surety of State (central budget), surety of guarantee institutions), • guarantee, • deposit (cash, security), • mortgage or pledges on property, plant and equipment, • pledge on rights, receivables, purchase price claims and equity interests. The market value of the collateral is adjusted by the coverage ratio. This ratio expresses the probable amount of recovery from the collateral, and this adjusted collateral value is applied in the collateral registry and is considered in the impairment calculation. The Bank performs quarterly monitoring and – if appropriate – the remeasurement of collaterals. When remeasurement occurred, the collateral registry is adjusted. The value of the collateral is determined by the Bank on the basis of valuations carried out by external independent valuers, which, depending on the type of collateral (e.g. real estate collateral), are reviewed in detail by a technical consultant (a member of staff or, in the absence of a member of staff, a person/organisation acting as a technical expert for the Bank). Customer and Customer group limits, sector limits The customer limit is defined as the amount of the highest risk against one customer that can be undertaken. The maximum limit for a customer or customer group is the Bank's large exposures limit. Pursuant to Section 8 (1c) of the MFB Act, the large exposures limit does not apply to companies in the direct majority ownership of MFB, as well as to companies as defined in Annex 1 to the Act. The determination of customer and customer group limits depends on, among other things, the result of customer and partner ratings, the amount of equity or net income according to the closed financial

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 90 statements of companies and the amount of interest-bearing liabilities. The sectoral limit depends on the financial situation of the sector. Pursuant to Section 8(1b) of MFB Act, notwithstanding Article 4(1)(39) of Regulation (EU) No 575/2013, MFB Zrt. does not consider as a client group those clients to whom MFB Zrt. has provided loans for the purpose of subscribing or purchasing investment units and which constitute a single risk factor just with respect to the investment funds, fund manager, fund manager's interlinks or to a right or obligation related to the assets in the investment fund's portfolio. The Bank classifies the sectors into eight risk groups by their financial position and determines limits for these groups. The sector group limits are the maximum of risk undertaken against clients classified into a given risk group. Staging Criteria Assets where there has been no significant credit risk increase since the initial recognition or are classified as low credit risk assets, are classified in the performing credit risk category – Stage 1. Those transactions where significant credit risk increases have occurred since the initial recognition are classified into the increased credit risk category – Stage 2 - as far as the criteria for significant credit risk increase are met. The Bank considers the following cases to be a significant increase in credit risk: • significant deterioration in customer ratings or falling into category 7, insolvent; • delays in the amount of the Bank’s or any of its Subsidiaries’ claims against the Customer for more than 30 days, exceeding the absolute or relative thresholds specified for retail and corporate clients; • delays in payments the Bank’s or any of its Subsidiaries’ receivables from the Customer that exceed 90 days and do not reach the significant credit obligation threshold and • change in other monitoring information; • restructuring, if the transaction was performing at the time of the restructuring. Information to be considered include the Bank's information about the customer, transactions that are observable in the course of the business, but not accessible from a system, however, indicate an increase in credit risk. Impaired credit risk category – Stage 3 - is used for all transaction for which there is objective evidence of the default. These are the following: • transactions above the significant credit obligation threshold that are more than 90 days overdue, • transactions with status “special” or “workout” in the Bank’s "early warning indicator" system, • transactions for which coercive measures have been taken against the customer (e.g.liquidation, bankruptcy, etc.) and terminated transactions • the customer has committed fraud in connection with the contract, has seriously breached any of its contractual obligations to the Bank or a third party, a contractual security has been called, the customer has been liquidated.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 91 Credit impaired loans (purchased or incurred) are categorized as POCI and will remain in this category until their maturity or derecognition. In the Stage 1 category, the Bank quantifies the 12-month expected credit loss, while in Stage 2 and Stage 3 it calculates at lifetime expected credit loss. Credit losses on financial assets equal to the present value of the difference between the contractual cash flows and the cash flows expected by the Bank. The 12-month expected credit losses are part of the lifetime expected credit losses and indicate the lack of those lifetime cash flow that may occur due to the default of the counterparty within 12 months after the reporting date, or if the expected life of the financial instrument is less than 12 months then a shorter period, weighted with the probability of default (PD). Expected credit losses are the probability-weighted estimates of credit losses incurred during the expected life of the financial instrument (i.e., the present value of all cash flow deficits). The estimation of expected credit losses always reflects the potential for credit loss to occur or does not occur, even if the most likely result is that no credit loss occurs. The individually assessed estimate of expected credit losses shall reflect an unbiased and probability-weighted amount determined by evaluating a minimum of three (if it is not possible, at least of two) possible outcomes. When determining the probability of default, the Bank classifies credit institutions with external credit ratings and those credit institutions and financial undertakings that do not have external credit ratings, individual corporate loans, agricultural loans, loans through agents, municipalities and parties into different valuation groups based on partner and customer types. When segmenting the portfolio, the Bank considers the credit risk categories by product type and sector code to determine the value of probability of default (PD), the loss given default (LGD) and the credit conversion factor (CCF), considering also the transactions covered by the State guarantee. During the corporate PD modelling, we modelled the probability of default according to the well-known function 1/(1+exp(Z), where Z is the linear combination of the explanatory variables. We identified 7 explanatory variables. With respect to the LGD parameter, segmentation in accordance with best practice was also implemented. We identified a total of 10 segments for which we developed the LGD models separately. As in the case of the PD parameter, we also had expert segments. During the LGD modelling, a weighted average calculation was essentially performed in the given segment, using the appropriately discounted collection cash flows. For the purposes of determining PD, the Bank treats an exposure as defaulted if one or more of the following conditions are met: • the debtor has been overdue for more than 90 days exceeding the significant credit obligation threshold for any payment obligation to the Bank or any of its subsidiaries; • bankruptcy, liquidation, forced liquidation, debt settlement or other proceedings aimed at terminating the debtor's activities, or reorganization or restructuring proceedings are in progress against the debtor, the Bank or any other bank granted a payment concession to the debtor in the light of its financial difficulties that it would not otherwise have made and the debtor was in default at the time of the restructuring;

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 92 • the Bank terminated the loan agreement due to the debtor's breach of contract; • the exposure was purchased by the Bank at a significant discount (at least 20%); • the full fulfilment of the debtor's payment obligation is unlikely due to the following: o the Bank refused to restructure the transaction; o the debtor's income has fallen significantly or is below the level required to fulfil his obligations under the contract; o the debtor has liquidity problems; o the debtor has committed a serious breach of contract against the Bank or another bank; o the debtor has committed fraud in connection with the contract; o the debtor's claim was sold at a significant discount. In determining the credit conversion factor (CCF) used to determine the expected loss on off-balance sheet liabilities (guarantees, guarantee frames, unused credit lines), the Bank classifies liabilities into four categories (1. Credit lines/guarantee frames; 2. Non-financial not draw downed guarantees; 3. Financial not draw downed guarantees; 4. Draw downed guarantees). Incorporation of forward-looking information The IFRS 9 standard generally expects the calculation of expected credit losses to take into account projections of future economic conditions. Forward-looking information for customers subject to collective impairment is included by the Bank in the impairment through the LGD and corporate customer PD values assigned to them. These risk parameters are obtained by multiplying the values provided by the LGD and corporate PD model by the macro-correction factor resulting from the macro model. For LGD parameters, the Bank does not have sufficient data to build a macro model based on the LGD time series, therefore the Bank has defined a "fluctuation band" and has determined the expected LGD position within the band based on the economic forecast, taking into account macroeconomic factors. In addition to the real macroeconomic data, the Bank also used institutional data: quarterly return data aggregated to an annual level and an annual % return ratio compared to the last quarterly exposure of the previous year. Its value lies at the conservative end of the "fluctuation band". The LGD multiplier is applied by the Bank for the "corporate, agri and group" LGD segment. For bonds, the Bank has conservatively chosen to apply a multiplier of 1 when incorporating forward-looking information - given that corporate bonds are unhedged financial instruments and therefore there is greater uncertainty about the future evolution of LGD, which the Bank manages with this high degree of conservatism. For PD parameters, based on historical data, we identified those macroeconomic variables that are relevant to the default rate and thus the PD. These are: the ESA balance (accrual-based budget balance according to the European Union methodology) as a percentage of GDP, gross fixed capital formation, its lagged component and the lagged value of the Bank's default rate. As required, we defined three scenarios based on the estimated future trajectories of these variables: a baseline trajectory, an optimistic trajectory, and a pessimistic trajectory. The model assigns a correction factor to each scenario, and the resulting macro-correction factor is the weighted average of the factors assigned to the three scenarios, using the trajectories and the weighting prescribed by the National Bank of Hungary.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 93 The Bank examines the sensitivity of impairment to changes in scenarios during stress testing. According to the testing on the macro-correction factor relevant sub portfolio in case of the pessimistic scenario HUF 799 million additional impairment would be required while in case of the optimistic scenario HUF 1.01 billion impairment would be released compared to the amount settled. The following table contains the details: Impairment & Provisions stressed values table EAD subject to FLI Actual I&P Optimisic I&P Pessimistic I&P Stage 1 1 392 030 4 415 354 279 Stage 2 247 881 8 219 660 520 Total 1 639 911 12 633 1 014 799 Forborne loans Except in cases where special rules relating to the payment moratorium are applied, the Bank classifies the debt is classified as restructured, if due to the deterioration of the client's or partner's financial problems or creditworthiness, the risk-taking contract had to be amended by granting a discount to avoid non-payment. The reclassification of a restructured claim to a non-restructured claim is subject to the European Banking Authority's Guide on prudential requirements for defaulted exposure and restructuring. Risk Management Aspects of the war emergency The effects of the war emergency are considered in the group ECL calculation as follows. Forward- looking information is incorporated into the LGD and corporate PD values that determine the ECL, through the macro-correction multiplier resulting from the Bank’s macro model. The strongest explanatory variables in the macro model are the gross fixed capital formation and the ESA balance as a % of GDP. The source of the GDP forecasts, incorporated through the above indicators, the baseline, optimistic and pessimistic trajectories defined by them, and the trajectory weighing are the State Budget and the annex to the MNB's quarterly circular 'Management Circular on the Use of Macroeconomic Information in the Application of IFRS 9 and Factors Indicating a Significant Increase in Credit Risk', which contains macroeconomic information. Such an annex is received at least 2 times and not more than 4 times a year. The Bank’s macro model represents the effects of the war emergency as external factors affecting the whole economy through its strongest explanatory variable. Some transactions, the probability of default of which is obviously extremely affected by the war emergency, have been transferred to the set of transactions for which ECL is calculated individually. Due to MFB's role as a development bank, the majority of its loan portfolio consists of large, long-term, loans with special conditions, provided directly to Clients, and their ECL is calculated on an individual basis. The Bank keeps its large loans under continuous monitoring, which make up the most significant part of its portfolio, and raised the ECL for transactions where it was justified by the expected impact of the war emergency. In addition to the regular monitoring activity, the unique, large exposures were also subject to a regular individual customer-level review based on the available and additionally requested information. The aspects of the review were the core risk factors, being the shortage of raw materials characteristic of the customer's area of operation, the rise in raw material prices, the drastic rise in energy prices, the analysis of the cost-bearing capacity of businesses, and the expected decrease in demand from households.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 94 The pure war-impact is hardly identifiable accurately in itself (ceteris paribus), rather we handle these features as an indication and guidance only, with emphasized importance in stricter monitoring of related clients and our planning of future cost of risk. The Bank does not apply portfolio level management corrections or overlays. b) Exposure to credit risk Gross book value of customer loans and loans to banks at amortized cost broken down into customer rating categories described under the risk management principles are as follows. Rating categories 31.12.2024 Stage 1 Stage 2 Stage 3 POCI Total General governments 1 - 2 43 343 0 0 0 43 343 3 - 6 11 862 0 0 0 11 862 7 - 8 0 0 0 0 0 Total general governments 55 205 0 0 0 55 205 Other financial corporations 1 - 2 86 670 3 329 0 0 89 999 3 - 6 126 647 149 487 0 0 276 134 7 - 8 0 0 6 528 0 6 528 Total other financial corporations 213 317 152 816 6 528 0 372 661 Non-financial corporations 1 – 2 84 139 3 339 112 0 87 590 3 – 6 434 646 419 690 0 0 854 336 7 – 8 0 4 188 31 343 576 36 107 Total non-financial corporations 518 785 427 217 31 455 576 978 033 Households* 1 - 2 100 0 0 0 100 3 - 6 79 435 6 174 96 0 85 705 7 – 8 0 8 226 129 0 8 355 Total households 79 535 14 400 225 0 94 160 Total customer loans 866 842 594 433 38 208 576 1 500 059 Impairment (3 434) (49 480) (30 319) (131) (83 364) Maximum credit exposure 863 408 544 953 7 889 445 1 416 695 *: In case of family agricultural loans managed by intermediaries the Bank applies simplified staging rules which basically based on days past due and differ from the rules applicable to transactions directly managed by the Bank. The main reasons of this are the nature of this sub-portfolio and the limited information available for the intermediaries. Rating categories 31.12.2024 Stage 1 Stage 2 Stage 3 Total Banks 1 - 2 183 637 0 0 183 637 Total loans to banks 183 637 0 0 183 637 Impairment (8) 0 0 (8) Maximum credit exposure 183 629 0 0 183 629 Deposits at central and other banks 1 - 2 20 029 0 0 20 029 Total deposits at central and other banks 20 029 0 0 20 029 Impairment (1) 0 0 (1) Maximum credit exposure 20 028 0 0 20 028

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 95 Rating categories 31.12.2023 Stage 1 Stage 2 Stage 3 POCI Total General governments 1 - 2 0 0 0 0 0 3 - 6 64 210 0 0 0 64 210 7 - 8 0 0 0 0 0 Total general governments 64 210 0 0 0 64 210 Other financial corporations 1 - 2 88 105 0 0 0 88 105 3 - 6 122 353 111 198 0 0 233 551 7 - 8 0 0 22 114 0 22 114 Total other financial corporations 210 458 111 198 22 114 0 343 770 Non-financial corporations 1 – 2 104 517 1 766 0 0 106 283 3 – 6 341 325 335 816 0 0 677 141 7 – 8 0 2 747 39 508 420 42 675 Total non-financial corporations 445 842 340 329 39 508 420 826 099 Households* 1 - 2 253 125 0 0 377 3 - 6 55 352 14 087 49 0 69 488 7 – 8 204 2 356 173 0 2 733 Total households 55 808 16 568 222 0 72 599 Total customer loans 776 318 468 095 61 844 420 1 306 677 Impairment (4 137) (22 501) (43 816) (210) (70 665) Maximum credit exposure 772 180 445 594 18 028 210 1 236 012 *: In case of family agricultural loans managed by intermediaries the Bank applies simplified staging rules which basically based on days past due and differ from the rules applicable to transactions directly managed by the Bank. The main reason of this are the nature of this sub-portfolio and the limited information available for the intermediaries. Rating categories 31.12.2023 Stage 1 Stage 2 Stage 3 Total Banks 1 - 2 78 293 0 0 78 293 Total loans to banks 78 293 0 0 78 293 Impairment (2) 0 0 (2) Maximum credit exposure 78 291 0 0 78 291 Deposits at central and other banks 1 - 2 20 261 0 0 20 261 Total deposits at central and other banks 20 261 0 0 20 261 Impairment (1) 0 0 (1) Maximum credit exposure 20 260 0 0 20 260

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 96 Undrawn loan commitments and guarantees broken down into customer rating categories described under the risk management principles are as follows. Rating categories 31.12.2024 Stage 1 Stage 2 Stage 3 Total Loan commitments 1 - 2 12 921 48 0 12 970 3 – 6 107 433 119 286 0 226 719 7 - 8 0 0 0 0 Total loan commitments 120 355 119 334 0 239 689 Capital commitments 1 - 2 338 983 0 0 338 983 Capital commitments 338 983 0 0 338 983 Guarantees 1 - 2 440 428 25 686 0 466 114 3 - 6 528 704 116 823 0 645 527 7 – 8 0 200 0 200 Total guarantees 969 132 142 709 0 1 111 841 Guarantees, capital and loan commitments total 1 428 470 262 043 0 1 690 513 Rating categories 31.12.2023 Stage 1 Stage 2 Stage 3 Total Loan commitments 1 - 2 67 158 0 0 67 158 3 – 6 144 316 128 730 0 273 046 7 - 8 0 0 185 185 Total loan commitments 211 474 128 730 185 340 389 Capital commitments 1 - 2 351 816 0 0 351 816 Capital commitments 351 816 0 0 351 816 Guarantees 1 - 2 272 687 4 143 0 276 829 3 - 6 508 944 74 163 0 583 108 7 – 8 0 296 0 296 Total guarantees 781 631 78 602 0 860 233 Guarantees, capital and loan commitments total 1 344 921 207 331 185 1 552 438

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 97 The table below represents the gross carrying amount transfers between impairment categories for customer loans valued at amortised cost and for undrawn loan commitments and guarantees. The movements represent every changes during the year. See the impairment and provision transfers between impairment categories in Note 29. Opening balance on 1st January 2024 New loans Sale Net movements without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2024 Customer loans Stage 1 776 318 212 887 0 (103 819) (23 282) 0 4 738 866 842 General government 64 210 0 0 (9 005) 0 0 0 55 205 Other financial corporations 210 458 45 235 0 (36 529) (6 021) 0 174 213 317 Other non-financial corporations 445 842 140 501 0 (53 911) (16 571) 0 2 924 518 785 Households 55 808 27 151 0 (4 374) (690) 0 1 640 79 535 Loans to banks 78 293 138 465 0 (33 121) 0 0 0 183 637 Refinancing loans 0 0 0 0 0 0 0 0 Other loans 78 293 138 465 0 (33 121) 0 0 0 183 637 Customer loans Stage 2 468 095 44 122 0 52 415 23 282 (11 904) (4 738) 23 162 594 433 General government 0 0 0 0 0 0 0 0 0 Other financial corporations 111 198 34 517 0 1 255 6 021 0 (174) 0 152 816 Other non-financial corporations 340 329 9 605 0 52 046 16 571 (3 383) (2 924) 14 972 427 217 Households 16 568 0 0 (886) 690 (8 521) (1 640) 8 190 14 400 Loans to banks 0 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 98 Opening balance on 1st January 2024 New loans Sale Net movements without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balanceon 31st December 2024 Customer loans Stage 3 61 844 854 (14 513) 1 280 11 904 0 (23 162) 38 208 General government 0 0 0 0 0 0 0 0 Other financial corporations 22 114 0 (14 480) (1 106) 0 0 0 6 528 Other non-financial corporations 39 508 854 (33) 2 716 3 383 0 (14 972) 31 455 Households 222 0 0 (329) 8 521 0 (8 190) 225 Loans to banks 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 Customer loans 420 0 0 156 576 General government POCI 0 0 0 0 0 Other financial corporations 0 0 0 0 0 Other non-financial corporations 420 0 0 156 576 Households 0 0 0 0 0 Customer loans Total 1 306 677 257 863 (14 513) (49 968) 0 0 0 0 1 500 059 General government 64 210 0 0 (9 005) 0 0 0 0 55 205 Other financial corporations 343 770 79 751 (14 480) (36 380) 0 0 0 0 372 661 Other non-financial corporations 826 099 150 960 (33) 1 007 0 0 0 0 978 033 Households 72 599 27 151 0 (5 590) 0 0 0 0 94 160 Loans to banks 78 293 138 465 0 (33 121) 0 0 0 0 183 637 Refinancing loans 0 0 0 0 0 0 0 0 0 Other loans 78 293 138 465 0 (33 121) 0 0 0 0 183 637

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 99 Opening balance on 1st January 2024 New commitments Drawn/ matured commitme nts Net movements without stage transfer From stage 1 to stage 2. or 3 From stage 2 or 3 to stage 1 From stage 2 to stage 3 Closing balance on 31st December 2024 Stage 1 1 344 921 436 849 (90 620) (251 921) (24 519) 13 760 1 428 470 Loan commitments 211 474 90 555 (22 895) (152 333) (6 446) 0 120 355 Capital commitments 351 816 90 000 (43 500) (59 333) 0 0 338 983 Guarantees 781 631 256 294 (24 225) (40 256) (18 073) 13 760 969 132 Stage 2 207 332 46 012 (25 441) 23 381 24 519 (13 760) 0 262 043 Loan commitments 128 730 42 098 (17 561) (40 378) 6 446 0 0 119 334 Guarantees 78 602 3 914 (7 879) 63 759 18 073 (13 760) 0 142 709 Stage 3 185 0 0 (185) 0 0 0 Loan commitments 185 0 0 (185) 0 0 0 Guarantees 0 0 0 0 0 0 0 Total 1 552 438 482 861 (116 061) (228 725) 0 0 0 1 690 513 Loan commitments 340 389 132 653 (40 457) (192 896) 0 0 0 239 689 Capital commitments 351 816 90 000 (43 500) (59 333) 0 0 0 338 983 Guarantees 860 233 260 208 (32 104) 23 503 0 0 0 1 111 841 Opening balance on 1st January 2023 New loans Sale Net movements without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2023 Customer loans Stage 1 815 613 125 665 0 (122 769) (48 472) (47) 6 328 776 318 General government 52 438 0 0 11 772 0 0 0 64 210 Other financial corporations 216 876 32 594 0 (6 349) (34 570) 0 1 907 210 458 Other non-financial corporations 488 486 93 008 0 (123 845) (11 845) 0 37 445 842 Households 57 813 64 0 (4 347) (2 057) (47) 4 383 55 808 Loans to banks 80 332 0 0 (2 028) (11) 0 0 78 293 Refinancing loans 346 0 0 (335) (11) 0 0 0 Other loans 79 986 0 0 (1 693) 0 0 0 78 293 Customer loans Stage 2 461 681 10 844 0 (15 758) 48 472 (31 449) (6 328) 632 468 095 General government 0 0 0 0 0 0 0 0 0 Other financial corporations 93 613 6 539 0 (8 316) 34 570 (13 428) (1 907) 127 111 198 Other non-financial corporations 348 663 4 305 0 (7 113) 11 845 (17 770) (37) 437 340 329 Households 19 405 0 0 (329) 2 057 (251) (4 383) 69 16 568 Loans to banks 0 0 0 (11) 11 0 0 0 0 Refinancing loans 0 0 0 (11) 11 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 100 Opening balance on 1st January 2023 New loans Sale Net movements without stage transfer From stage 1 to stage 2 From stage 1 or 2 to stage 3 From stage 2 or 3 to stage 1 From stage 3 to stage 2 Closing balance on 31st December 2023 Customer loans Stage 3 37 051 3 532 (70) (9 532) 31 495 0 (632) 61 844 General government 0 0 0 0 0 0 0 0 Other financial corporations 10 472 0 0 (1 659) 13 428 0 (127) 22 114 Other non-financial corporations 26 568 3 532 (70) (7 855) 17 770 0 (437) 39 508 Households 11 0 0 (17) 298 0 (69) 222 Loans to banks 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 Customer loans 0 465 0 (45) 0 420 General government POCI 0 0 0 0 0 Other financial corporations 0 0 0 0 0 Other non-financial corporations 0 465 0 (45) 420 Households 0 0 0 0 0 Customer loans Total 1 314 345 140 506 (70) (148 105) 0 0 0 0 1 306 677 General government 52 438 0 0 11 772 0 0 0 0 64 210 Other financial corporations 320 961 39 133 0 (16 324) 0 0 0 0 343 770 Other non-financial corporations 863 717 101 309 (70) (138 858) 0 0 0 0 826 099 Households 77 229 64 0 (4 694) 0 0 0 0 72 599 Loans to banks 80 332 0 0 (2 039) 0 0 0 0 78 293 Refinancing loans 346 0 0 (346) 0 0 0 0 0 Other loans 79 986 0 0 (1 693) 0 0 0 0 78 293

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 101 Opening balance on 1st January 2023 New commitments Drawn/ matured commitme nts Net movements without stage transfer From stage 1 to stage 2. or 3 From stage 2 or 3 to stage 1 From stage 2 to stage 3 Closing balance on 31st December 2023 Stage 1 1 126 317 634 488 (128 403) (236 194) (51 292) 5 1 344 921 Loan commitments 87 643 247 540 (124 952) 11 520 (10 283) 5 211 474 Capital commitments 243 543 333 882 0 (225 609) 0 0 351 816 Guarantees 795 131 53 065 (3 451) (22 105) (41 009) 0 781 631 Stage 2 143 138 16 360 (5 663) 2 209 51 292 (5) 0 207 332 Loan commitments 139 094 1 610 (4 459) (17 793) 10 283 (5) 0 128 730 Guarantees 4 044 14 751 (1 204) 20 002 41 009 0 0 78 602 Stage 3 1 109 179 (1 109) 6 0 0 185 Loan commitments 1 109 179 (1 109) 6 0 0 185 Guarantees 0 0 0 0 0 0 0 Total 1 270 564 651 027 (135 175) (233 979) 0 0 0 1 552 438 Loan commitments 227 846 249 329 (130 520) (6 267) 0 0 0 340 389 Capital commitments 243 543 333 882 0 (225 609) 0 0 0 351 816 Guarantees 799 175 67 816 (4 655) (2 103) 0 0 0 860 233

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 102 Customer loans and loans to banks at fair value through profit and loss broken down into customer rating categories described under the risk management principles are as follows. customer rating categories 31.12.2024 Stage 1 Stage 2 Stage 3 Total General government 1 - 2 0 0 0 0 3 - 6 362 0 0 362 7 - 8 0 0 0 0 Total general government 362 0 0 362 Other financial corporation 1 – 2 142 170 0 312 3 - 6 122 161 0 283 7 – 8 0 0 0 0 Total other financial corporations 264 331 0 595 Other non-financial corporation 1 – 2 0 0 0 0 3 – 6 271 17 0 288 7 – 8 0 89 0 89 Total other non-financial corporations 271 106 0 376 Household 1 - 2 0 0 0 0 3 - 6 0 0 0 0 7 – 8 0 70 1 71 Total household 0 70 1 71 Total customer loans 897 507 1 1 404 Loans to banks 1 – 2 27 430 360 0 27 790 3 – 6 4 0 0 4 7 – 8 0 0 0 0 Total loans to banks 27 434 360 0 27 794 customer rating categories 31.12.2023 Stage 1 Stage 2 Stage 3 Total General government 1 - 2 0 0 0 0 3 - 6 424 0 0 424 7 - 8 0 0 0 0 Total general government 424 0 0 424 Other financial corporation 1 – 2 0 0 0 0 3 - 6 451 594 0 1 045 7 – 8 0 0 0 0 Total other financial corporations 451 594 0 1 045 Other non-financial corporation 1 – 2 777 0 0 777 3 – 6 1 355 0 0 1 355 7 – 8 3 99 0 101 Total other non-financial corporations 2 135 99 0 2 234 Household 1 - 2 0 0 0 0 3 - 6 0 0 0 0 7 – 8 0 84 3 87 Total household 0 84 3 87 Total customer loans 3 010 777 3 3 790 Loans to banks 1 – 2 30 822 420 0 31 242 3 – 6 8 0 0 8 7 – 8 0 0 0 0 Total loans to banks 30 830 420 0 31 250

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 103 The table below represents debt securities by external rating categories 31.12.2024 31.12.2023 Bank rating Moody’s rating Amount Bank rating Moody’s rating Amount Amortized cost debt securities 435 366 436 980 Hungarian government bonds Baa2 30 411 Baa2 26 389 Mortgage bonds - 7 483 - 7 385 Corporate bonds* 397 472 403 206 AT1 984 AT1 0 AT2 0 AT2 248 163 AT3 392 362 AT3 69 471 AT4 3 600 AT4 37 131 AT5 526 AT5 48 441 FVOCI debt securities 27 365 51 054 Government bonds Baa2 17 769 Baa2 42 246 Bank bonds Baa2 9 596 Baa2 8 808 FVTPL debt securities 748 246 603 156 Venture capital notes – investment type** 4 393 4 037 Venture capital notes – loan type** 743 853 599 119 *: International rating is not available for these corporate bonds. ** FVTPL debt securities have no international rating, their risk assessment is based on the investment policy and the performance of the target companies.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 104 Exposure to credit risk and collaterals The general creditworthiness of a corporate customer tends to be the most relevant indicator of credit quality of a loan, however collateral provides additional security and the Bank request that corporate borrowers provide it. The Bank may take collateral in form of a first rank mortgage over real estate, pledges on all corporate assets and other liens and guarantees (mostly state guarantees) as detailed in the next subsection. The purpose of the table is to present a comparison between the net carrying amount of the customer loans and loans to bank at amortized cost and the corresponding collateral amounts to show the coverage. The fair value of the collaterals is limited by the net carrying amount of the loans and commitments. Under collateralized Full or over collateralized Uncollateralized Total 31 December 2024 LOANS AT AMORTIZED COST carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans fair value of collateral Customer loans 606 435 309 264 189 263 189 263 620 997 1 416 695 498 527 General government 54 928 36 503 125 125 0 55 053 36 628 Other financial corporations 204 256 93 298 353 353 156 147 360 756 93 651 Other non-financial corporations 347 251 179 463 136 793 136 793 422 951 906 995 316 256 Households 0 0 51 992 51 992 41 899 93 891 51 992 Loans to banks 143 694 143 532 0 0 39 935 183 629 143 532 Refinancing loans 0 0 0 0 0 0 0 Other loans 143 694 143 532 0 0 39 935 183 629 143 532 Total 750 129 452 796 189 263 189 263 660 932 1 600 324 642 059

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 105 Under collateralized Full or over collateralized Uncollateralized Total 31 December 2023 LOANS AT AMORTIZED COST carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans fair value of collateral Customer loans 626 129 338 125 171 982 171 982 437 901 1 236 012 510 107 General government 63 849 40 260 292 292 0 64 141 40 552 Other financial corporations 204 848 111 905 595 595 119 679 325 122 112 500 Other non-financial corporations 357 414 185 943 113 620 113 620 303 205 774 239 299 563 Households 18 17 57 475 57 475 15 017 72 510 57 492 Loans to banks 38 372 38 278 0 0 39 919 78 291 38 278 Refinancing loans 0 0 0 0 0 0 0 Other loans 38 372 38 278 0 0 39 919 78 291 38 278 Total 664 501 376 403 171 982 171 982 477 820 1 314 303 548 385 The following table includes the reconciliation of the collateral value and the net carrying value for credit impaired (stage 3 and POCI) loans only. The fair value of the collaterals is limited by the net carrying amount of the loans. Under collateralized Full or over collateralized Uncollateralized Total 31 December 2024 LOANS AT AMORTIZED COST carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans fair value of collateral Customer loans 3 697 1 896 4 139 4 139 498 8 334 6 035 General government 0 0 0 0 0 0 0 Other financial corporations 144 92 0 0 425 569 92 Other non-financial corporations 3 553 1 804 3 923 3 923 70 7 546 5 727 Households 0 0 216 216 3 219 216 Loans to banks 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 Total 3 697 1 896 4 139 4 139 498 8 334 6 035

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 106 Under collateralized Full or over collateralized Uncollateralized Total 31 December 2023 LOANS AT AMORTIZED COST carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans fair value of collateral Customer loans 9 508 4 982 7 792 7 792 938 18 238 12 774 General government 0 0 0 0 0 0 0 Other financial corporations 4 927 2 576 311 311 726 5 964 2 887 Other non-financial corporations 4 579 2 405 7 270 7 270 210 12 059 9 675 Households 2 1 211 211 2 215 212 Loans to banks 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 Total 9 508 4 982 7 792 7 792 938 18 238 12 774 The following table includes the carrying amount of the customer loans and loans to banks mandatorily at fair value through profit and loss and the corresponding collateral amounts. The fair value of the collaterals is limited by the net carrying amount of the loans. LOANS AT FAIR VALUE Under collateralized Full or over collateralized Uncollateralized Total 31 December 2024 carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans fair value of collateral Loans and advances to banks 0 0 0 0 27 794 27 794 0 Municipality loan program 0 0 0 0 19 286 19 286 0 Business development loan program 0 0 0 0 1 679 1 679 0 Agricultural development loan program 0 0 0 0 6 790 6 790 0 Retail loan program 0 0 0 0 39 39 0 Customer loans 595 25 809 809 0 1 404 834 General governments 0 0 362 362 0 362 362 Other financial corporations 595 25 0 0 0 595 25 Other non-financial corporations 0 0 376 376 0 376 376 Households 0 0 71 71 0 71 71 Total 595 25 809 809 27 794 29 198 834

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 107 LOANS AT FAIR VALUE Under collateralized Full or over collateralized Uncollateralized Total 31 December 2023 carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans fair value of collateral Loans and advances to banks 0 0 0 0 31 250 31 250 0 Municipality loan program 0 0 0 0 21 026 21 026 0 Business development loan program 0 0 0 0 2 349 2 349 0 Agricultural development loan program 0 0 0 0 7 810 7 810 0 Retail loan program 0 0 0 0 65 65 0 Customer loans 2 820 1 531 970 970 0 3 790 2 501 General governments 0 0 424 424 0 424 424 Other financial corporations 1 045 44 0 0 0 1 045 44 Other non-financial corporations 1 775 1 487 459 459 0 2 234 1 946 Households 0 0 87 87 0 87 87 Total 2 820 1 531 970 970 31 250 35 040 2 501 Exposure to credit risk and collaterals – off balance sheet items Under collateralized Full or over collateralized Uncollateralized Total 31 December 2024 carrying value of commitments fair value of collateral carrying value of commitments fair value of collateral carrying value of commitments carrying value of commitments fair value of collateral Loan commitments and guarantees 1 091 908 701 076 16 106 16 106 569 500 1 677 514 717 182 Loan commitments 41 942 13 476 3 702 3 702 186 094 231 738 17 178 Capital commitments 0 0 0 0 338 837 338 837 0 Guarantees 1 049 966 687 600 12 404 12 404 44 569 1 106 939 700 004

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 108 Under collateralized Full or over collateralized Uncollateralized Total 31 December 2023 carrying value of commitments fair value of collateral carrying value of commitments fair value of collateral carrying value of commitments carrying value of commitments fair value of collateral Loan commitments and guarantees 829 169 568 839 13 664 13 664 703 749 1 546 582 582 503 Loan commitments 35 111 19 809 1 715 1 715 298 643 335 469 21 524 Capital commitments 0 0 0 0 351 660 351 660 0 Guarantees 794 058 549 030 11 949 11 949 53 446 859 453 560 979 c) Collateral and other security enhancements An estimate of the fair value of collateral and other security enhancements (up to the net carrying amount of receivables) is shown in the table below. 31 December 2024 State guarantee Property Other mortgage Other Total collateral Uncolla terialised Total LOANS AT AMORIZED COST carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans Customer loans 155 115 138 016 182 908 143 887 324 714 184 947 132 961 31 677 795 698 498 527 620 997 1 416 695 General government 11 715 11 713 125 125 43 213 24 790 0 0 55 053 36 628 0 55 053 Other financial corporations 42 313 41 931 10 882 1 385 137 774 45 196 13 641 5 139 204 610 93 651 156 146 360 756 Other non-financial corporations 101 087 84 372 169 000 139 476 94 636 65 870 119 320 26 538 484 043 316 256 422 952 906 995 Households 0 0 2 901 2 901 49 091 49 091 0 0 51 992 51 992 41 899 93 891 Loans to banks 143 694 143 532 0 0 0 0 0 0 143 694 143 532 39 935 183 629 Refinancing loans 0 0 0 0 0 0 0 0 0 0 0 0 Other loans 143 694 143 532 0 0 0 0 0 0 143 694 143 532 39 935 183 629 Other category mostly includes suretyship (HUF 7 620 million) and cash deposits (HUF 5 650 million), and it also includes other collaterals (HUF 18 407 million).

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 109 31 December 2023 State guarantee Property Other mortgage Other Total collateral Uncolla terialised Total LOANS AT AMORIZED COST carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans Customer loans 170 810 154 357 277 399 213 536 202 870 111 830 147 032 30 383 798 111 510 106 437 901 1 236 012 General government 11 642 11 621 52 499 28 930 0 0 0 0 64 141 40 551 0 64 141 Other financial corporations 65 646 64 645 0 0 126 467 42 994 13 329 4 860 205 442 112 499 119 680 325 122 Other non-financial corporations 93 522 78 091 221 753 181 460 22 057 14 490 133 703 25 523 471 035 299 564 303 204 774 239 Households 0 0 3 147 3 146 54 346 54 346 0 0 57 493 57 492 15 017 72 510 Loans to banks 38 372 38 278 0 0 0 0 0 0 38 372 38 278 39 919 78 291 Refinancing loans 0 0 0 0 0 0 0 0 0 0 0 0 Other loans 38 372 38 278 0 0 0 0 0 0 38 372 38 278 39 919 78 291 Other category mostly includes suretyship (HUF 2 913 million) and cash deposits (HUF 15 070 million), and it also includes other collaterals (HUF 12 400 million). The following table includes an estimate of the fair value of collateral and other security enhancements (up to the amount of receivables) for credit impaired (stage 3 and POCI) loans only. 31 December 2024 State guarantee Property Other mortgage Other Total collateral Uncolla- terialised Total LOANS AT AMORIZED COST carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans Customer loans 161 161 5 505 4 521 2 039 1 234 131 119 7 836 6 035 498 8 334 General government 0 0 0 0 0 0 0 0 0 0 0 0 Other financial corporations 0 0 0 0 112 72 32 20 144 92 425 569 Other non-financial corporations 161 161 5 505 4 521 1 711 946 99 99 7 476 5 727 70 7 546 Households 0 0 0 0 216 216 0 0 216 216 3 219 Loans to banks 0 0 0 0 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0 0 0 0

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 110 31 December 2023 State guarantee Property Other mortgage Other Total collateral Uncolla- terialised Total LOANS AT AMORIZED COST carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans Customer loans 0 0 11 360 9 257 5 410 3 073 529 444 17 299 12 774 939 18 238 General government 0 0 0 0 0 0 0 0 0 0 0 0 Other financial corporations 0 0 0 0 5 200 2 863 38 24 5 238 2 887 726 5 964 Other non-financial corporations 0 0 11 358 9 255 0 0 491 420 11 849 9 675 210 12 059 Households 0 0 2 2 210 210 0 0 212 212 3 215 Loans to banks 0 0 0 0 0 0 0 0 0 0 0 0 Refinancing loans 0 0 0 0 0 0 0 0 0 0 0 0 Other loans 0 0 0 0 0 0 0 0 0 0 0 0 The following table includes the carrying amount of the customer loans and loans to bank mandatorily at fair value through profit and loss and an estimate of the fair value of collateral and other security enhancements (up to the amount of receivables). 31 December 2024 State guarantee Property Other mortgage Other Total collateral Uncolla terialised Total LOANS AT FAIR VALUE carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans Loans and advances to banks 0 0 0 0 0 0 0 0 0 0 27 794 27 794 Municipality loan program 0 0 0 0 0 0 0 0 0 0 19 286 19 286 Business development loan program 0 0 0 0 0 0 0 0 0 0 1 679 1 679 Agricultural development loan program 0 0 0 0 0 0 0 0 0 0 6 790 6 790 Retail loan program 0 0 0 0 0 0 0 0 0 0 39 39 Customer loans 45 45 684 684 0 0 675 105 1 404 834 0 1 404 General governments 0 0 362 362 0 0 0 0 362 362 0 362 Other financial corporations 0 0 0 0 0 0 595 25 595 25 0 595 Other non-financial corporations 44 44 257 257 0 0 75 75 376 376 0 376 Households 1 1 65 65 0 0 5 5 71 71 0 71

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 111 31 December 2023 State guarantee Property Other mortgage Other Total collateral Uncolla terialised Total LOANS AT FAIR VALUE carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans fair value of collateral carrying value of loans carrying value of loans Loans and advances to banks 0 0 0 0 0 0 0 0 0 0 31 250 31 250 Municipality loan program 0 0 0 0 0 0 0 0 0 0 21 026 21 026 Business development loan program 0 0 0 0 0 0 0 0 0 0 2 349 2 349 Agricultural development loan program 0 0 0 0 0 0 0 0 0 0 7 810 7 810 Retail loan program 0 0 0 0 0 0 0 0 0 0 65 65 Customer loans 519 456 817 817 0 0 2 453 1 228 3 789 2 501 1 3 790 General governments 0 0 423 423 0 0 0 0 423 423 1 424 Other financial corporations 0 0 0 0 0 0 1 045 44 1 045 44 0 1 045 Other non-financial corporations 518 455 314 314 0 0 1 402 1 178 2 234 1 947 0 2 234 Households 1 1 80 80 0 0 6 6 87 87 0 87 Collateral and other security enhancements to credit risk and collaterals –off-balance sheet items 31 December 2024 State guarantee Property Other mortgage Other Total collateral Uncolla terialised Total carrying value of commit- ments fair value of collateral carrying value of commit-ments fair value of collateral carrying value of commit- menst fair value of collateral carrying value of commit- ments fair value of collateral carrying value of commit- ments fair value of collateral carrying value of commit- ments carrying value of commitme nts Loan commitments and guarantees 679 972 612 690 14 810 6 767 146 223 46 886 267 009 50 838 1 108 014 717 181 569 500 1 677 514 Loan commitments 0 0 2 696 2 511 21 866 5 157 21 082 9 509 45 644 17 177 186 094 231 738 Capital commitments 0 0 0 0 0 0 0 0 0 0 338 837 338 837 Guarantees 679 972 612 690 12 114 4 256 124 357 41 729 245 927 41 329 1 062 370 700 004 44 569 1 106 939 31 December 2023 State guarantee Property Other mortgage Other Total collateral Uncolla terialised Total carrying value of commit- ments fair value of collateral carrying value of commit- ments fair value of collateral carrying value of commit- menst fair value of collateral carrying value of commit- ments fair value of collateral carrying value of commit- ments fair value of collateral carrying value of commit- ments carrying value of commitme nts Loan commitments and guarantees 561 177 505 403 13 048 5 737 91 944 34 799 176 664 36 565 842 833 582 504 703 749 1 546 582 Loan commitments 751 751 5 264 2 754 16 951 7 888 13 860 10 131 36 826 21 524 298 643 335 469 Capital commitments 0 0 0 0 0 0 0 0 0 0 351 660 351 660 Guarantees 560 426 504 652 7 784 2 983 74 993 26 911 162 804 26 434 806 007 560 980 53 446 859 453

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 112 The Central Budget determined a state guarantee frame for the Bank’s asset side credit exposures (guarantee provided to the Bank) and also for liability side obligations (guarantee provided for the Bank). The amount and utilization (representing the amount allocated either to loan programs or individual loans) and the actual loan balance disbursed under the state guarantee frame and the related collaterals, being the state guarantee itself were the following. 31.12.2024 31.12.2023 Asset side state guarantee frame 1 700 000 1 700 000 Utilization 1 199 579 1 183 089 from this actual loan balance at year end 917 331 725 073 Liability side guarantee frame 4 300 000 3 500 000 Utilization 2 797 855 2 741 349 d) Restructured loans The Bank classifies a loan as restructured if it makes a discount or modification due to the current or expected financial difficulties of the borrower, which it would not have done if the borrower were solvent. The Bank individually examined the expected solvency of borrowers who spent a longer period of time in the payment moratorium, the significance of the increase in credit risk, and decided whether to classify them as restructured, as well as decided on the stage classification. The Bank did not consider the fact of involvement with the moratorium as an event that automatically triggers restructuring. Gross amount Impairment Net amount 31 December 2022 216 768 (31 949) 184 819 New restructured transactions 21 250 (3 179) 18 072 Changes in existing restructured loans 155 (649) (494) Derecognition 0 0 0 Decrease due to repayment (4 734) (439) (5 174) Decrease due to recovery (83 738) 3 252 (80 486) FX change (7 132) 1 198 (5 934) 31 December 2023 142 570 (31 766) 110 804 New restructured transactions 4 706 (760) 3 946 Changes in existing restructured loans (2 491) 114 (2 376) Decrease due to repayment (74) (1 328) (1 402) Decrease due to recovery (71 218) 3 837 (67 380) FX change 2 230 (2 173) 57 31 December 2024 75 725 (32 076) 43 649 There was no such contract modification that would have led to derecognition and re-recognition implying derecognition gain or loss.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 113 e) Concentration of credit risk The below table includes the concentration of credit risk by industry on net carrying amount for customer loans. Loans and advances to customers 31.12.2024 Stage 1 Stage 2 Stage 3 POCI Total Financial services 596 232 161 460 787 0 758 479 Property development 70 854 296 581 601 382 368 418 Other services (local governments, healthcare, other services) 12 846 4 767 41 0 17 654 Construction (including motorway financing) 30 537 9 868 0 52 40 457 Industry 66 455 40 842 3 871 0 111 168 Agriculture 36 953 20 231 216 0 57 400 Transport, storage, post, telecoms 43 213 1 007 0 0 44 220 Trade 3 482 1 239 35 11 4 767 Accommodation, catering 3 732 9 465 2 339 0 15 537 Total 864 304 545 460 7 890 445 1 418 099 of which amortized cost 863 408 544 953 7 889 445 1 416 695 of which FVTPL 897 507 1 0 1 404 Loans and advances to customers 31.12.2023 Stage 1 Stage 2 Stage 3 POCI Total Financial services 457 521 125 511 6 091 0 589 123 Property development 51 418 243 570 5 898 80 300 966 Other services (local governments, healthcare, other services) 14 297 3 726 140 0 18 163 Construction (including motorway financing) 28 136 15 371 0 73 43 580 Industry 60 398 33 378 4 972 0 98 748 Agriculture 43 325 17 808 214 0 61 347 Transport, storage, post, telecoms 111 833 0 716 0 112 549 Trade 3 203 817 0 57 4 077 Accommodation, catering 5 061 6 188 0 0 11 249 Total 775 192 446 369 18 031 210 1 239 802 of which amortized cost 772 181 445 594 18 028 210 1 236 012 of which FVTPL 3 011 775 3 0 3 790 B. LIQUIDITY RISK a) Principles of liquidity risk management The Bank’s principal objective is to carry out secure and established course of business, and the prevention of liquidity issues which could threaten the Bank to meet its obligations. The liquidity management is determined by the nature of the business, the strategy, the annual business plan, the legal regulations and the regulatory activities of National Bank of Hungary. Liquidity means the availability of necessary funds in time needed to meet the obligations. Liquidity demand arises when the obligations become due. Liquidity risk is the gap between in and outflows in different amount and time. Regulation (EU) No 575/2013 of the European Parliament and of the Council (CRR) and Directive 2013/36 / EU (CRD IV) of 26th June 2013 have transposed the Basel III. Regulation into the European regulatory framework for credit institutions. The new requirements were introduced gradually, and 2019 was the first year that all requirements were fully met. At the same time, MFB Zrt. was exempted from the liquidity requirements, which is included in the MFB Act.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 114 The Bank has a significant amount of primary liquidity reserves in government securities and other liquidity-providing Central Bank-eligible securities, therefore future cash outflows are continuously covered on the asset side. The Bank’s liquidity reserve: 31.12.2024 31.12.2023 Par value Fair value Free disposal Par value Fair value Free disposal Hungarian government bonds 51 020 47 609 45 820 70 257 67 200 65 057 Hungarian bank bonds 9 022 9 596 9 022 8 421 8 808 8 421 Hungarian discount bonds 0 0 0 0 0 0 Mortgage bonds issued by banks 7 764 7 325 7 764 7 785 7 385 7 785 Other Central Bank-eligible securities 302 260 261 950 134 260 304 960 282 616 136 960 Total 370 066 326 480 196 866 391 423 366 009 218 223 The Bank primarily manages liquidity risk in a preventive manner and strives to provide financing with a source that ensures the most suitable balance in terms of maturity, principal repayment and interest payment. The Bank's fund-raising opportunities are favourable both at home and abroad. During the financial year, HUF and EUR market interest rates decreased, which provided favourable pricing opportunity to the fundraising operations. Cash flow statements are prepared at least monthly and which contain all banking book cash flow items and credit and investment directorates predicted cash flow transactions considering different scenarios. For continuous liquidity management a liquidity forecast is prepared monthly. Pursuant to Article 8 (2) of the MFB Act, the Bank does not apply the rules on liquidity ratios and liquidity requirements set out in Articles 411-428 of CRR. The Bank measures its liquidity risks in the following ways: • Quantification of dependence on large individual deposits; • Comprehensive cash flow, liquidity forecast; • Stress-test; • Survival analysis; • Quantification of liquidity ratios. The Bank manages its liquidity risks as follows: • Where possible (market opportunities, pricing), using the most appropriate liabilities for the assets side; • Designation and operation of appropriate processes and rules; • Set up a limit system; • Establishment of liquidity reserves; • Effective asset-liability management. Liquidity ratios and the results of stress testing confirmed that the short- and long-term liquidity positions are adequate at all times, due to the significant amount of liquidity reserves and the funds involved during the year.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 115 b) Remaining contractual maturities of financial liabilities Maturities on contractual (principal and interest), undiscounted cash flows of financial liabilities were as follows. The guarantees were classified in the first category, irrespective of the actual maturity of the instrument. Similarly, the loan commitments were also classified in the first category as they can be drawn down at request. 31.12.2024 Carrying amount Gross nominal inflow/(outflow) Less than 1 month 1-3 months 3 months to 1 year 1-5 years More than 5 years Customer deposits 87 365 (98 526) (39 241) (155) (4 376) (14 904) (39 850) Loans from banks 1 215 089 (1 351 912) (63 944) (16 707) (52 952) (1 140 522) (77 787) Debt securities issued 1 685 316 (1 934 268) 0 (8 059) (422 623) (1 433 110) (70 476) Other financial liabilities 11 627 (11 625) (11 625) 0 0 0 0 Derivatives 685 (754) (197) (48) (122) (387) 0 inflow 61 157 72 0 218 0 outflow (61 354) (120) (122) (605) 0 Hedge derivatives 22 552 (16 460) 968 (3 204) (2 494) (11 730) 0 inflow 20 801 5 166 43 661 122 769 0 outflow (19 833) (8 370) (46 155) (134 499) 0 Total financial liabilities and derivatives 3 022 634 (3 413 545) (114 039) (28 173) (482 567) (2 600 653) (188 113) Guarantees 1 111 841 1 111 841 1 111 841 Capital commitments 338 983 338 983 5 000 138 744 165 472 29 767 0 Loan commitments 239 689 239 689 239 689 31.12.2023 Carrying amount Gross nominal inflow/(outflow) Less than 1 month 1-3 months 3 months to 1 year 1-5 years More than 5 years Customer deposits 111 256 (114 898) (83 903) (1 004) (3 547) (3 571) (22 873) Loans from banks 933 746 (968 402) (4 011) (16 828) (278 727) (550 488) (118 348) Debt securities issued 1 762 504 (2 025 385) 0 (1 920) (386 402) (1 526 038) (111 025) Other financial liabilities 10 535 (10 535) (10 535) 0 0 0 0 Derivatives 8 508 64 510 1 445 2 406 7 469 53 190 0 inflow 213 665 9 547 25 399 524 280 0 outflow (212 220) (7 141) (17 930) (471 090) 0 Hedge derivatives 14 187 (15 055) 1 529 (3 286) (1 778) (11 520) 0 inflow 22 641 6 170 44 433 162 009 0 outflow (21 112) (9 456) (46 211) (173 529) 0 Total financial liabilities and derivatives 2 840 736 (3 069 765) (95 475) (20 632) (662 985) (2 038 427) (252 246) Guarantees 860 233 860 233 860 233 Capital commitments 351 816 351 816 9 714 132 406 143 090 66 606 0 Loan commitments 340 389 340 389 340 389

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 116 C. MARKET RISKS a) Currency risk management – basis of risk management The Bank has assets and liabilities, both on and off-balance sheet, denominated in various foreign currencies. Foreign exchange risk arises when the actual or forecasted assets in a foreign currency are either greater or less than the liabilities in that currency. The Bank manages the currency structure of assets and liabilities on and off-balance sheet, utilizing forward foreign exchange transactions and other hedging instruments. It is the policy of the Bank that it should not speculate in currencies and should only take currency positions within strict limits. The Board of Directors establishes and monitors specific regulations based on statutory and internal limits and approves the overall strategy. Compliance to these limits is regularly monitored. The Foreign Exchange Guarantee Frame Agreement (FX Agreement) between the Bank and the Hungarian Ministry of Finance was signed in 2004, the modification was signed with the Ministry for National Economy in 2014. This FX Agreement manages foreign exchange risks of the Bank’s foreign currency borrowings (EUR). Based on this FX Agreement, at the final maturity of the borrowings or upon introduction of EUR as the official currency of Hungary the State compensates any foreign exchange loss incurred on these borrowings and the Bank is required to pay to the State the amount of realized foreign exchange gains on these transactions in instalments. The amount of receivables from the State according to the FX Agreement is presented in Note 14. Monthly stress tests quantify the impact of possible exchange rate movements (+/- 10% shift for EUR/HUF and EUR/USD). The net exposure of the Bank is the total exposure decreased by the exposure fall under the FX state guarantee frame. The open position was long for EUR, USD, CHF and GBP in 2024. Regarding the aggregate foreign exchange position, the weakening of the HUF would have a negative impact on the Bank's earnings. The following table represents the Bank’s foreign exchange position in which the effect of the currency hedging contract with the Hungarian State has been already adjusted. 31.12.2024 Absolute value Net position EUR 7 585 7 585 USD 1 051 1 051 Other currencies 31 31 Total 8 667 8 667 31.12.2023 Absolute value Net position EUR 24 156 24 156 USD 7 401 (7 401) Other currencies 35 35 Total 31 592 16 790 According to the stress-tests, 10% change in HUF exchange rates in the worst direction would cause HUF 867 million (2023: HUF 3 159 million) decrease in the Bank’s foreign exchange income and thus the own equity as well.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 117 The Bank is exempted from keeping the trading book and does not take speculative positions due to a strategic decision. Accordingly, market risks (foreign exchange and interest rate) arise from the banking book, i.e., the normal operation of the bank (lending, raising funds). The Bank limits the amount of open foreign currency position and interest rate risk exposure by limits. The Bank has set a limit of EUR 6 million for the foreign currency open position due to impairment/provision for foreign currency assets. If the amount of impairment/provision exceeds this limit, the Bank closes the position with a minimum of a market transaction equal to the amount of the overrun, provided that the total amount of the open position allows it. b) Foreign exchange risk analysis of financial assets and liabilities 31.12.2024 HUF EUR USD Other Total Assets Cash, cash balances at central banks and other demand deposits 69 524 497 13 19 70 053 Financial assets held for trading 24 136 0 0 0 24 136 Non-trading financial assets mandatorily at fair value through profit or loss 569 221 208 223 0 0 777 444 Financial assets at fair value through other comprehensive income 17 769 10 207 0 0 27 976 Financial assets at amortized cost 1 181 483 851 947 23 336 0 2 056 766 Derivatives – Hedge accounting 7 810 0 0 0 7 810 Fair value changes of the hedged items in portfolio hedge of interest rate risk 0 12 580 0 0 12 580 Total financial assets 1 869 943 1 083 454 23 349 19 2 976 765 Investments in subsidiaries and associates 566 976 13 184 0 0 580 160 Property, plant and equipment 4 551 0 0 0 4 551 Intangible assets 6 888 0 0 0 6 888 Tax assets 299 0 0 0 299 Other assets 33 491 74 17 13 33 595 Receivables from the state due to currency- hedging agreement 190 120 0 0 0 190 120 Total assets (1) 2 672 268 1 096 712 23 366 32 3 792 378 Liabilities and equity Financial liabilities held for trading 685 0 0 0 685 Financial liabilities at amortized cost 1 447 889 1 096 843 454 665 0 2 999 397 Derivatives – Hedge accounting 22 552 0 0 0 22 552 Total financial liabilities 1 471 126 1 096 843 454 665 0 3 022 634 Provisions 5 368 3 398 4 703 0 13 469 Tax liabilities 67 0 0 0 67 Other liabilities 117 659 2 953 40 1 120 653 Equity 635 099 456 0 0 635 555 Total liabilities and equity (2) 2 229 319 1 103 650 459 408 1 3 792 378 NET BALANCE SHEET POSITION (1) – (2) 442 949 (6 938) (436 042) 31 0 Derivative notional amounts (40 057) (382 899) 437 093 0 14 137 NET FOREIGN EXCHANGE POSITION 402 892 (389 837) 1 051 31 14 137 Impact of receivables from State due to currency-hedging agreement (397 422) 397 422 0 0 0 ADJUSTED NET FOREIGN EXCHANGE POSITION 5 470 7 585 1 051 31 14 137

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 118 31.12.2023 HUF EUR USD Other Total Assets Cash, cash balances at central banks and other demand deposits 398 458 1 528 25 25 400 036 Financial assets held for trading 2 715 0 0 0 2 715 Non-trading financial assets mandatorily at fair value through profit or loss 544 319 93 877 0 0 638 196 Financial assets at fair value through other comprehensive income 42 246 9 378 0 0 51 624 Financial assets at amortized cost 1 205 622 566 908 22 046 0 1 794 576 Derivatives – Hedge accounting 7 831 0 0 0 7 831 Fair value changes of the hedged items in portfolio hedge of interest rate risk 0 11 550 0 0 11 550 Total financial assets 2 201 191 683 241 22 071 25 2 906 528 Investments in subsidiaries and associates 377 500 55 714 0 0 433 214 Property, plant and equipment 4 535 0 0 0 4 535 Intangible assets 6 462 0 0 0 6 462 Tax assets 673 0 0 0 673 Other assets 23 696 118 15 12 23 841 Receivables from the state due to currency- hedging agreement 166 085 0 0 0 166 085 Total assets (1) 2 780 142 739 073 22 086 37 3 541 338 Liabilities and equity Financial liabilities held for trading 8 508 0 0 0 8 508 Financial liabilities at amortized cost 1 338 620 1 071 106 408 315 0 2 818 041 Derivatives – Hedge accounting 14 187 0 0 0 14 187 Total financial liabilities 1 361 315 1 071 106 408 315 0 2 840 736 Provisions 1 296 1 706 3 244 0 6 246 Tax liabilities 88 0 0 0 88 Other liabilities 62 100 2 870 482 1 65 453 Equity 628 56 1 254 0 1 628 815 Total liabilities and equity (2) 2 053 360 1 075 936 412 041 1 3 541 338 NET BALANCE SHEET POSITION (1) – (2) 726 782 (336 863) (389 955) 36 0 Derivative notional amounts (375 837) (16 455) 382 554 0 (9 738) NET FOREIGN EXCHANGE POSITION 350 945 (353 318) (7 401) 36 (9 738) Impact of receivables from State due to currency-hedging agreement (377 220) 377 220 0 ADJUSTED NET FOREIGN EXCHANGE POSITION (26 275) 23 902 (7 401) 36 (9 738) The Bank manages foreign currency open positions (either short or long) within the strict limits approved by Asset Liability Committee. c) Principles of interest rate risk management Interest rate risk is measured by the extent to which changes in market interest rates impact margins and net interest income. Gaps in the value of assets, liabilities and off-balance sheet instruments that mature or reprice during a given period generate interest rate risk. The Bank gives special attention to the preventive management of interest rate risk. The Bank’s objective is to harmonize loans and the ir resources already during the acquisition of funds regarding maturity, interest base and repricing periods to prevent significant repricing mismatches. The Bank does not undertake interest rate exposure for speculative purposes. If the interest of loans and fund of loans are in mismatches, the Bank concludes interest rate swap deals to ensure the proper closing of the position. Before signing an interest rate swap deal a detailed proposal is prepared for the Asset-Liability Committee which determines the parameters of the deal. The analysis of interest rate risk exposure is prepared on a monthly basis. Regularly prepared reports in connection with interest rate risk management are the following: • Repricing balance sheet concerning full-scale assets and liabilities,

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 119 • Calculation of BPV (Basis Point Value) and GAP, • Stress-tests on interest rate risk exposure, • Stress-tests on the drastic changes of interest rates, • Measurement of applied interest bases in case of interest-bearing assets and liabilities. d) Interest rate risk analysis The performed interest rate risk reports and stress-tests indicate that the Bank’s exposure to interest rate risk according to market reference interest rates (EURIBOR, USD SOFR, BUBOR) is low, greater changes in market rates – in any direction – do not cause great negative effect on the Bank’s profit due to the repricing consonance. According to stress-tests, 1% change in BUBOR and 0.25% change in EURIBOR and 0,25% in SOFR – at the same time and in the same direction – causes approximately HUF 3 093 million effect (2023: HUF 1 945 million), while 3% change in BUBOR and 1% change in EURIBOR and 1% in SOFR causes approximately HUF 9 645 million effect (2023: HUF 5 287 million) on the Bank’s annual interest income (the effect is negative in case of interest rate increase, positive in case of interest rate decrease). The Bank assess the possible effects of interest rate changes – considering different direction and degree – on the value of the Bank’s portfolio and on the capital using BPV (basis point value) GAP on monthly basis. A 200-basis point increase in interest rates on interest-bearing assets and liabilities would have the following effect on the value of the Bank’s capital, adjusted by revaluation band: 31 December 2024 1-30 days 31-90 days 91 days – 1 year 1 – 2 years 2 – 3 years 3 – 4 years 4 - 5 years over 5 years Total HUF 98 1 060 (180) 644 2 931 4 078 5 068 (30 342) (16 643) EUR 53 333 1 298 5 445 4 476 23 716 845 (51 294) (15 128) USD (1) (18) 137 (62) (72) 0 0 0 (16) 31 December 2023 1-30 days 31-90 days 91 days - 1 year 1 - 2 years 2 - 3 years 3 - 4 years 4 - 5 years over 5 years Total HUF 154 689 (504) 137 1 107 5 017 4 272 (39 966) (29 092) EUR (140) 352 2 868 7 521 7 905 5 520 27 534 (54 254) (2 695) USD (66) (15) (17) 173 (80) (82) 4 0 (82) e) Market risk analysis From market risk point of view, it is important that the Bank is not licensed for investment services and does not undertake speculative positions. Trading position contains short-term government bonds and own foreign exchange exposures. The Bank is exempted from keeping a trading book and preparing reports. The Bank performs VAR analysis for the FX position by its market risk management system. In the VAR calculations, the short government securities stock as well as the total open book foreign exchange position of the Bank are included. The VAR position calculated from the portfolio concerning 99% confidence level and 10 days holding period shows a low value, it was 0.05% of the regulatory capital on 31st December 2024 (2023: 0.07%). This means that the probability of a HUF 285 million losses in the Bank’s FX position – concerning 10 days holding period – is only 1% on 31st December 2024 (2023: HUF 442 million).

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 120 VAR position – 31 December 2024 Regulatory capital (million HUF): 633 752 Absolute risk indicators Interest Foreign exchange Diversification Total VAR expressed as a percentage of Regulatory capital Net asset value 0 8 668 0 8 668 Parametric VAR 0 285 0 285 0.05 VAR position – 31 December 2023 Regulatory capital (million HUF): 626 713 Absolute risk indicators Interest Foreign exchange Diversification Total VAR expressed as a percentage of Regulatory capital Net asset value 0 16 790 0 16 790 Parametric VAR 0 442 0 442 0.07 D. OPERATIONAL RISK Operational risk refers to the probability of losses caused by inappropriately designed or incorrectly executed business processes, internal errors induced by people carelessly or deliberately, intentionally executed external attacks against banking systems or operational processes, inappropriate operating of IT infrastructure, effects of external environment. Framework of effective banking operational risk management is based on proper internal governance which ensures that risk management policies, internal regulatory documentation and systems remain effective in a constantly changing business and regulatory environment. For the above reason the Bank builds its operational risk management activity on the following principles: • Bank performs operational risk management in a decentralized way along central coordination. Operational risk management is coordinated by a designated colleague (OpRisk Coordinator) of Strategic Risk Management Directorate within Risk Division; execution of operation risk management is responsibility of all areas of the Bank. • Bank complies with the solvency capital requirement calculation concerning operational risk (CRR) by using basic indicator methodology. According to this method the capital requirement for operational risk is 15% of the CRR’s benchmark indicator. • Bank follows a comprehensive operational risk management approach: o Fully identifies and measures the risk elements inherent in the processes, systems, human activities and external environment (collection and analysis of loss data, based on the Operational Risk Management Regulations). Operational risk management also covers the core business of the bank and other (non-score banking) activities. o Process-focused, focusing on identifying losses and process efficiency improvement activity. o Methodology is proactive, collects potential risks as well not only already occurred and registered losses. • Management of the Bank receives information on relevant operational risk management events in standalone form or as part of other management reports quarterly. • The Bank provides education and training to all employees annually to improve risk awareness, general risk sensitivity and disseminate specific operational risk management knowledge.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 121 • The framework provides a common model for group members (subsidiaries) in terms of definitions, identification, measurement, monitoring, management, and risk mitigation. • Bank maintains a separate database about operational risks and losses, which enables to fulfil its internal and external obligations concerning identification, measurement, analysis, evaluation, management, reporting, monitoring and capital requirement calculation and supervisory reporting. • Operational risk management responsibilities and related tasks are also reflected in the job descriptions of the OpRisk Coordinator and designated colleagues of all concerned areas of the Bank. The Bank meets the solvency capital requirement for operational risks according to the basic indicator method, according to which the Bank’s operational risk capital requirement was HUF 9 162 million on 31st December 2024 (2023: HUF 7 467 million). The Bank's operational risk losses are much lower than this on an annual basis. In 2024 the Bank incurred a gross operating risk loss of HUF 52 million (2023: HUF 1.17 million). E. CAPITAL MANAGEMENT According to Section 1 (7) of the MFB Act the Bank applies the regulation No 575/2013 of the European Parliament and of the Council of 26th June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (CRR) in the respect of prudential requirements with the differences set out in MFB Act. The Bank’s share capital must be at least HUF 100 billion according to the MFB Act. To maintain its current solvency and to be able to meet its liabilities, the Bank must, at all times, have appropriate levels of primary core capital (i.e., Tier 1 capital: 4.5%), core capital (6.0%) and full regulatory capital (8.0%). Tier 1 capital has to contain the capital maintenance buffer (2.5%) and from 1st July 2024 also the countercyclical capital buffer (0.5%) mentioned in local Banking law. As of July 2022, the Bank was exempted from the internal capital adequacy assessment procedure prescribed in § 97 of the CCXXXVII Act of 2013 on credit institutions and financial enterprises based on § 8 (2) of the MFB Act. However, the Bank determines the need for additional capital, which is part of the internal capital adequacy assessment procedure and presents it to its management bodies. The Bank meets the required capital requirements, so the capital position is considered stable. According to the requirements of the CRR, credit institutions must have an adequate amount of own funds to cover the risk of the activity performed at all times to maintain their current solvency and meet their obligations. Together with the capital maintenance and countercyclical buffer, it must continuously maintain an adjusted core capital ratio of at least 7.5% and a total capital adequacy ratio of 11%, which the Bank continued to comply with. Compliance with capital adequacy regulations is monitored by the National Bank of Hungary.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 122 The Bank complied with the regulatory and prudential regulations and the limits. The capital adequacy ratio exceeded the minimum required ratio. The Bank informs the Board of Directors quarterly about the activities and changes in the capital during the period. The regulatory capital is calculated and the compliance with limits is examined on a monthly basis. 31.12.2024 31.12.2023 I. Calculation of Regulatory Capital Share capital 519 900 519 900 Share premium 81 870 81 870 Retained earnings 26 025 24 471 Accumulated other comprehensive income (559) (1 063) General reserve 1 931 1 292 Net result for the year 6 388 2 345 Common equity Tier 1 capital before deduction 635 555 628 815 Total amount of deducted item Intangible assets (1 800) (2 102) Insufficient coverage for non-performing exposures (3) 0 CET1 capital elements or deductions - other 0 0 Common equity Tier 1 Capital (CET1) 633 752 626 713 Additional Tier1 Capital (AT1) 0 0 Tier 1 Capital (Tier1 or T1) 633 752 626 713 General risk reserve 0 0 Tax impact of general risk reserve 0 0 Tier 2 Capital (T2) 0 0 Regulatory Capital (T1+T2) 633 752 626 713 II. Calculation of Capital Requirement Total capital requirement for credit risk 333 206 298 034 Total capital requirement for exchange rate risk 693 1 619 Total capital requirement for operating risk 9 162 7 467 Total capital requirement for credit valuation adjustment 1 706 2 642 Total Capital Requirement 344 767 309 762 Risk weighted exposure 4 309 591 3 872 025 III. Capital adequacy ratio 14.71% 16.19%

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 123 F. FAIR VALUE To increase the consistency and comparability of the fair value measurement and related disclosures, IFRS 13 sets out a fair value hierarchy, categorizing the inputs applied at determination of the fair values into three levels. The Bank applies the following fair value hierarchy: Level 1: The fair value of financial instruments is based on their quoted market price in active markets for identical instruments that are available for the Bank at the reporting date. Level 2: The fair value of financial instruments is based on directly or indirectly observable data other than the quoted market price. The followings can be used for the valuation: quoted market prices in active markets for similar instruments, quoted prices for identical or similar instruments in markets that are considered less than active, or other valuation techniques in which all significant inputs are directly or indirectly observable from market data. Where discounted cash flow techniques are used, estimated future cash flows are based on the Bank’s economic estimates and the discount rate is a market related rate at the reporting date for an instrument with similar terms and conditions. Where valuation models are used, inputs are based on market related measures at the reporting date. Level 3: The fair value of financial instruments is based on inputs other than observable market data. The valuation is based on quoted prices for similar instruments for which significant unobservable adjustments or assumptions are required to reflect differences between the instruments. The Bank considers the fair value of its financial instruments to be level 1 if it was determined exclusively based on level 1 data. Level 2 category is applied when the measurement was based not only level 1 inputs, but no level 3 input was required. When more fair values are available, the use of higher fair values hierarchy get priority, therefore if a security is primarily categorized as level 2, but level 1 data is also available the level 1 data will be applied automatically. Valuation techniques include net present value and discounted cash flow models, comparison with similar instruments for which observable market prices exist and other valuation models. Assumptions and inputs used in valuation techniques include risk-free and benchmark interest rates, credit spreads and other premia used in estimating discount rates, bond and equity prices, foreign currency exchange rates, equity and equity index prices and expected price volatilities and correlations. The objective of valuation techniques is to arrive at a fair value measurement that reflects the price that would be received to sell the asset or paid to transfer the liability in an orderly transaction between market participants at the measurement date. The Bank uses widely recognized valuation models to determine the fair value of common and simple financial instruments, such as interest rate and currency swaps, that use only observable market data and require little management judgement and estimation. Observable prices or model inputs are usually available in the market for listed debt and equity securities, exchange-traded derivatives and simple OTC derivatives such as interest rate swaps. The availability of observable market prices and model inputs reduces the need for management judgement and estimation and also reduces the uncertainty associated with determining fair values. The availability of observable market prices and inputs varies depending on the products and markets and is prone to changes based on specific events and general conditions in the financial markets. For more complex instruments, the Bank uses proprietary valuation models, which are usually developed from recognized valuation models. Some or all the significant inputs into these models may

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 124 not be observable in the market and may be derived from market prices or rates or estimated based on assumptions. Examples of instruments involving significant unobservable inputs include certain OTC structured derivatives, certain loans, securities for which there is no active market. Valuation models that employ significant unobservable inputs require a higher degree of management judgement and estimation in the determination of fair value. Management judgement and estimation are usually required for the selection of the appropriate valuation model to be used, determination of expected future cash flows on the financial instrument being valued, determination of the probability of counterparty default and prepayments, determination of expected volatilities and correlations and selection of appropriate discount rates. Fair value estimates obtained from models are adjusted for any other factors, such as liquidity risk or model uncertainties, to the extent that the Bank believes that a third-party market participant would take them into account in pricing a transaction. Fair values reflect the credit risk of the instrument and include adjustments to take account of the credit risk of the Bank and the counterparty where appropriate. For measuring derivatives both credit valuation adjustment (CVA) and debit valuation adjustment (DVA) are taken into consideration when market participants would take this into consideration in pricing the derivatives. Model inputs and values are calibrated against historical data and published forecasts and where possible, against current or recent observed transactions in different instruments and against broker quotes. This calibration process is inherently subjective, and it yields ranges of possible inputs and estimates of fair value, and management uses judgement to select the most appropriate point in the range. The Bank measures forward transactions (derivative transactions) and HUF loans to credit institutions at EURIBOR-based interest rates at fair value. As the Bank does not provide investment services, it enters into forward transactions only with credit institution partners.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 125 a) Financial instruments measured at fair value by the level of fair value hierarchy The following table analyses financial instruments measured at fair value at the reporting date, by the level of the applied fair value hierarchy. The amounts are based on the values recognized in the statement of financial position. 31.12.2024 Level 1 Level 2 Level 3 Total FINANCIAL ASSETS Derivatives 24 136 24 136 Non-trading financial assets mandatorily at fair value through profit or loss 777 444 777 444 Debt securities 748 246 748 246 Loans to customers 1 404 1 404 Loans to banks 27 794 27 794 Financial assets at fair value through other comprehensive income 27 365 611 27 976 Equity instruments 611 611 Debt instruments 27 365 27 365 Derivatives – Hedge accounting 7 810 7 810 FINANCIAL LIABILITIES Derivatives 685 685 Derivatives – Hedge accounting 22 552 22 552 31.12.2023 Level 1 Level 2 Level 3 Total FINANCIAL ASSETS Derivatives 2 715 2 715 Non-trading financial assets mandatorily at fair value through profit or loss 638 196 638 196 Debt securities 603 156 603 156 Loans to customers 3 790 3 790 Loans to banks 31 250 31 250 Financial assets at fair value through other comprehensive income 51 054 570 51 624 Equity instruments 570 570 Debt instruments 51 054 51 054 Derivatives – Hedge accounting 7 831 7 831 FINANCIAL LIABILITIES Derivatives 8 508 8 508 Derivatives – Hedge accounting 14 187 14 187 The Bank uses the discounted future cash flows model for its derivatives that is adjusted by the credit risk of the counterparty (asset side) or the Bank’s own credit risk (liability side). The fair value of derivatives in hedge accounting is also calculated by using the same method. The underlying transactions in hedge accounting, the hedged item, are not reclassified into a fair value category, but remain in the amortized cost category. Assets included in the „mandatorily at fair value through profit or loss” category are those failed on the SPPI test established by IFRS 9. The fair value of these items is determined based on the Bank's internal model, which considers the value of future cash flows and expected market yield surcharge when discounting. The Bank calculates the fair value of loans based on the discounted expected cash flow and discounts the contractual (capital, interest, interest subsidy) or individually determined future expected cash flows with the current yield curve or reference rate flat, increased by the product-level spread. In case of collective valuation, all contractual cash flows are considered and discounted. In case of individual valuation, the calculation includes the total expected cash flow. The fair value calculation is performed only for the already disbursed part, therefore the undrawn amount does not affect the fair value calculated. The fair value of the venture capital investments in this category are determined based onthe net asset value attributable to the Bank, as defined in the Management policies . The main

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 126 parameters of the plan performance model are fulfilment of placements, costs accounted for in the fund, expenses of financial operations / recognized impairment ratio, amount of exits, net asset value. Venture capital funds have no material liabilities and no other material assets. For debt securities presented as financial instruments at fair value through other comprehensive income (formerly available for sale securities), the fair values are determined as the average of the best buy and sale price available publicly disclosed by Government debt management agency for the reporting date. For the fair value determination of equity securities, the Bank considers the expected return on the market, the marketability of the item, its mobilization (the supply and demand conditions and the available market prices, the proportion from the net equity of the investment) and the probability and magnitude of the loss. There was no transfer among the different fair value hierarchy categories. b) Movement of financial assets categorized into level 3 31.12.2024 Customer loans Loans to banks Other equity instruments Debt securities Opening balance on 1st January 3 790 31 250 570 603 156 New disbursements/acquisition/capital increases 0 1 416 0 109 282 Sales 0 0 0 (14 390) Repayments (2 157) (4 928) Profit or loss during the year (229) 56 0 50 198 Fair value changes during the year accounted into OCI 41 Transfers from/to level 3. hierarchy category 0 0 0 0 Closing balance on 31st December 1 404 27 794 611 748 246 31.12.2023 Customer loans Loans to banks Other equity instruments Debt securities Opening balance on 1st January 4 259 31 359 596 369 647 New disbursements/acquisition/capital increases 589 1 864 0 215 053 Sales (26) 0 0 0 Repayments (1 154) (1 948) Profit or loss (during the year 121 (25) (26) 18 456 Fair value changes during the year accounted into OCI 0 Transfers from/to level 3. hierarchy category 0 0 0 0 Closing balance on 31st December 3 790 31 250 570 603 156

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 127 The Bank used discounted cash flow model valuation technique to determine the fair value for customer and bank loans in level 3 category. The significant unobservable inputs applied were the probability of default and the individual credit spread of the given customer, by the way they do not significantly affect the fair value measurement. For equity instruments the Bank applied discounted cash flow model for the expected net cash flow derived from the entity. Significant increase in any of the input parameters in isolation would result in lower fair values. In case of equity instruments increase in expected net cash flows would result in higher fair value. c) Financial instruments not measured at fair value by the level of fair value hierarchy 31.12.2024 Level 1 Level 2 Level 3 Total Carrying value Cash. cash balances at central banks and other demand deposits 70 053 70 053 70 053 Financial asset at amortized cost 37 164 0 1 977 933 2 015 097 2 056 766 Debt securities 37 164 368 429 405 593 435 366 Hungarian government bonds 29 839 29 839 30 411 Corporate bonds 368 429 368 429 397 472 Mortgage bonds 7 325 7 325 7 483 Loans 1 588 431 1 588 431 1 600 324 Customer loans 1 405 532 1 405 532 1 416 695 General governments 55 159 55 159 55 053 Other financial corporations 367 676 367 676 360 756 Other non-financial corporations 897 480 897 480 906 995 Households 85 217 85 217 93 891 Loans to banks 182 899 182 899 183 629 Refinancing loans 0 0 0 Other loans 182 899 182 899 183 629 Other financial assets 1 048 1 048 1 048 Trade receivables 878 878 878 Margin accounts 170 170 170 Deposits at central and other banks 20 025 20 025 20 028 Central bank deposits 0 0 0 Other bank deposits 20 025 20 025 20 028 Financial liabilities at amortized cost 1 656 772 1 287 171 2 943 943 2 999 397 Customer deposits 73 995 73 995 87 365 Interbank deposits 34 952 34 952 34 957 Customer deposits (collateral behind loans) 34 287 34 287 47 521 Other customer deposits 4 756 4 756 4 887 Due from banks 1 201 549 1 201 549 1 215 089 Refinancing loans 152 959 152 959 178 095 Other loans taken 1 048 590 1 048 590 1 036 994 Debt securities issued 1 656 772 1 656 772 1 685 316 Listed HUF bonds 637 920 637 920 664 573 Listed CCY bonds 1 018 852 1 018 852 1 020 743 from this listed on foreign stock exchange 940 291 940 291 947 894 Other financial liabilities 11 627 11 627 11 627 Margin accounts 8 853 8 853 8 853 Creditors and other financial liabilities 2 488 2 488 2 488 Other financial lease liabilities 286 286 286

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 128 31.12.2023 Level 1 Level 2 Level 3 Total Carrying value Cash. cash balances at central banks and other demand deposits 400 036 400 036 400 036 Financial asset at amortized cost 32 067 0 1 652 001 1 684 068 1 794 576 Debt securities 32 067 378 490 410 557 436 980 Hungarian government bonds 24 954 24 954 26 389 Corporate bonds 378 490 378 490 403 206 Mortgage bonds 7 113 7 113 7 385 Loans 1 230 219 1 230 219 1 314 303 Customer loans 1 156 675 1 156 675 1 236 012 General governments 67 936 67 936 64 141 Other financial corporations 318 636 318 636 325 122 Other non-financial corporations 716 337 716 337 774 239 Households 53 766 53 766 72 510 Loans to banks 73 543 73 543 78 291 Refinancing loans 0 0 0 Other loans 73 543 73 543 78 291 Other financial assets 23 033 23 033 23 033 Trade receivables 40 40 40 Margin accounts 22 993 22 993 22 993 Deposits at central and other banks 20 260 20 260 20 260 Central bank deposits 0 0 0 Other bank deposits 20 260 20 260 20 260 Financial liabilities at amortized cost 1 718 953 986 231 2 705 184 2 818 041 Customer deposits 101 624 101 624 111 256 Interbank deposits 37 358 37 358 37 365 Customer deposits (collateral behind loans) 17 285 17 285 26 641 Other customer deposits 46 981 46 981 47 250 Due from banks 874 072 874 072 933 746 Refinancing loans 151 269 151 269 201 519 Other loans taken 722 803 722 803 732 227 Debt securities issued 1 718 953 1 718 953 1 762 504 Listed HUF bonds 554 826 554 826 581 522 Listed CCY bonds 1 164 127 1 164 127 1 180 982 from this listed on foreign stock exchange 843 103 843 103 866 148 Other financial liabilities 10 535 10 535 10 535 Margin accounts 8 137 8 137 8 137 Creditors and other financial liabilities 2 008 2 008 2 008 Finance lease liabilities 390 390 390

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 129 The fair value of cash and cash equivalents and demand and short-term bank deposits was considered to be equal to the carrying amount at the reporting date. Where available, the fair value of loans and advances is based on observable market transactions. Where observable market transactions are not available, fair value is estimated using valuation models, such as discounted cash flow techniques. Input into the valuation techniques includes expected lifetime credit losses, interest rates, prepayment rates and primary origination or secondary market spreads. For collateral-dependent impaired loans, the fair value is measured based on the value of the underlying collateral. Input into the models may include data from third party brokers based on OTC trading activity, and information obtained from other market participants, which includes observed primary and secondary transactions. In case of purchased and issued debt securities measured at amortized cost, the fair value of the instrument is calculated based on the daily market closing rates available in the Inforex system. Where this information is not available, the securities are classified into level 2 or 3 fair value hierarchy and, accordingly, discounted cash flow method is applied by using the current market yield curves. The fair value of issued bonds is determined based on data provided by market makers, however as there is no active market for these bonds therefore, they were categorized into level 2. The fair value of deposits from banks and customers is estimated using discounted cash flow techniques, applying the rates that are offered for deposits of similar maturities and terms. The fair value of deposits payable on demand is the amount payable at the reporting date.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 130 35. OFFSETTINGS The below tables include all repurchase agreements and all such derivatives where ISDA agreements allows the net settlements. Financial assets subject to offsetting and potential offsetting agreements – 31 December 2024 Gross carrying amount Amounts set off against financial liabilities Net carrying amount Potential effect of netting agreement not qualifying for offsetting in the Financial Position Statements Net amount after potential offsetting Financial instruments Cash collateral received Non-cash financial collateral received Derivatives 31 946 0 31 946 (8 853) 0 0 23 093 Repurchase agreements 0 0 0 0 0 0 0 Total 31 946 0 31 946 (8 853) 0 0 23 093 Financial liabilities subject to offsetting and potential offsetting agreements - 31 December 2024 Gross carrying amount Amounts set off against financial assets Net carrying amount Potential effect of netting agreement not qualifying for offsetting in the Financial Position Statements Net amount after potential offsetting Financial instruments Cash collateral given Non-cash financial collateral given Derivatives 23 237 0 23 237 (170) 0 0 23 067 Reverse repurchase agreements 0 0 0 0 0 0 0 Total 23 237 0 23 237 (170) 0 0 23 067

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 131 Financial assets subject to offsetting and potential offsetting agreements - 31 December 2023 Gross carrying amount Amounts set off against financial liabilities Net carrying amount Potential effect of netting agreement not qualifying for offsetting in the Financial Position Statements Net amount after potential offsetting Financial instruments Cash collateral received Non-cash financial collateral received Derivatives 10 546 0 10 546 (8 137) 0 0 2 409 Repurchase agreements 0 0 0 0 0 0 0 Total 10 546 0 10 546 (8 137) 0 0 2 409 Financial liabilities subject to offsetting and potential offsetting agreements - 31 December 2023 Gross carrying amount Amounts set off against financial assets Net carrying amount Potential effect of netting agreement not qualifying for offsetting in the Financial Position Statements Net amount after potential offsetting Financial instruments Cash collateral given Non-cash financial collateral given Derivatives 22 695 0 22 695 (74) 0 0 22 621 Reverse repurchase agreements 0 0 0 0 0 0 0 Total 22 695 0 22 695 (74) 0 0 22 621

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 132 36. MATURITY TABLE The following table shows the residual maturity breakdown of financial assets and liabilities. The guarantees were classified in the category „within a year”, irrespective of the actual maturity of the credit line holding period. The loan commitments were classified based on their actual maturity. 31.12.2024 31.12.2023 Within a year Over a year Total Within a year Over a year Total Financial Assets Cash, cash balances at central banks and other demand deposits 70 053 70 053 400 036 400 036 Financial assets held for trading 24 136 24 136 2 715 2 715 Non-trading financial assets mandatorily at fair value through profit or loss 1 709 775 735 777 444 212 637 984 638 196 Financial assets at fair value through other comprehensive income 5 450 22 526 27 976 25 057 26 567 51 624 Financial assets at amortized cost 163 167 1 893 599 2 056 766 147 560 1 647 016 1 794 576 Derivatives – Hedge accounting 7 810 7 810 7 831 7 831 Total Financial Assets 272 324 2 691 860 2 964 184 583 411 2 311 567 2 894 978 Financial Liabilities Financial liabilities held for trading 685 685 8 508 8 508 Financial liabilities at amortized cost 505 036 2 494 361 2 999 397 605 933 2 212 108 2 818 041 Derivatives – Hedge accounting 22 552 22 552 14 187 14 187 Total Financial Liabilities 528 273 2 494 361 3 022 634 628 628 2 212 108 2 840 736 Guarantees 1 111 841 1 111 841 860 233 860 233 Capital commitments 309 217 29 767 338 983 285 210 66 606 351 816 Loan commitments 197 848 41 841 239 689 313 858 26 531 340 389 The Bank manages liquidity risk through liquidity reserves (Central Bank eligible securities and liquidity GAP limits. It provides timely renewal and replacement of expiring funds.

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 133 37. EXERCISING OWNER’S RIGHTS The Bank exercises the owner’s rights in the name of the Hungarian State for state owned companies determined by the appendix 1. of the MFB Law and in venture capital funds determined by the decrees 8/2016. (IV.19.) and 64/2016. (XII.28.) of Ministry for National Development, furthermore 15/2022. (XII.6) of Ministry for Economic Development. Income and expenses arising from the management of State assets form the income and expenses, or financing income and expenses of the central budget. The Bank acts as an agent thus it is not allowed to sell the entities and is not entitled for any dividend (unless has its own investment in the entity) in this relationship. The companies and venture capital funds in which the Bank exercises the owner’s rights on 31st December 2024 and 2023 are the following: Name of the company / fund Activity State ownership Share capital 31.12.2024 31.12.2023 31.12.2024 31.12.2023 AJH Növekedési Kockázati Tőkealap Venture capital fund 69.99% 69.99% 4 286 4 286 Bonitás Kockázati Tőkealap Venture capital fund 69.23% 69.23% 6 500 6 500 Bonitás Kockázati Tőkealap II Venture capital fund 76.87% 76.87% 12 158 12 158 Capitalisatio Kockázati Tőkealap Venture capital fund 70,00% 70.00% 13 351 13 351 Conor Seed Capital Kockázati Tőkealap Venture capital fund 69.77% 69.77% 2 150 2 150 Core Venture Közös Magvető Kockázati Tőkealap Venture capital fund 69.93% 1 319 Core Venture Közös Növekedési Kockázati Tőkealap Venture capital fund 69.93% 69.93% 4 290 4 290 Diákhitel Központ Zártkörűen Működő Részvénytársaság Crediting 100.00% 100.00% 300 300 Finatech II. Kockázati Tőkealap Venture capital fund 70.00% 70.00% 13 351 13 351 Forte Kockázati Tőkealap Venture capital fund 70.00% 70.00% 3 617 3 617 GRAN III. Kockázati Tőkealap Venture capital fund 74.03% 74.03% 6 931 6 931 Kutatás-fejlesztési és Innovációs Állami Tőkealap Venture capital fund 100.00% 100.00% 30 000 30 000 Infokommunikációs Állami Tőkealap Venture capital fund 100.00% 100.00% 6 075 6 075 Innovation Europe Agrár Innovációs Magántőkealap ( former Green Europe Agrár Tőkealap) Capital fund 70.00% 70.00% 112 879 112 879 Morando Kockázati Tőkealap Venture capital fund 69.94% 6 506 OTP Kockázati Tőkealap I. Venture capital fund 55.88% 6 800 PBG FMC Tőkealap Venture capital fund 69.77% 69.77% 4 300 4 300 Perion 2013. Kockázati Tőkealap Venture capital fund 68.00% 3 884 Prosperitás Profit Közös Növekedési Kockázati Tőkealap Venture capital fund 69.98% 69.98% 6 430 6 430 Prosperitás Proseed Közös Magvető Kockázati Tőkealap Venture capital fund 69.77% 69.77% 2 150 2 150 Regionális Fejlesztési Holding Zártkörűen Működő Részvénytársaság Economy development activities 100.00% 100.00% 23 842 23 842 Solus I. Kockázati Tőkealap Venture capital fund 70.00% 70.00% 13 351 13 351 Solus II. Kockázati Tőkealap Venture capital fund 87.51% 87.51% 8 010 8 010 Takarék Kockázati Tőkealap I. Venture capital fund 76.92% 76.92% 12 150 12 150

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 134 Name of the company / fund Activity State ownership Share capital 31.12.2024 31.12.2023 31.12.2024 31.12.2023 Üzleti Infokommunikációs, Digitalizációs Tőkealap Venture capital fund 100,00% 100.00% 9 226 9 346 Valor Capital Közös Zártvégű Kockázati Tőkealap Venture capital fund 69.99% 69.99% 2 934 2 934 Venturio 2013. Kockázati Tőkealap Venture capital fund 68.00% 4 411 X-VENTURES ALPHA I. Kockázati Tőkealap Venture capital fund 70.00% 70.00% 2 492 2 492 X-Ventures Béta Kockázati Tőkealap Venture capital fund 69.77% 69.77% 3 280 3 280 Vespucci Capital I. Kockázati Tőkealap (former X-Ventures Delta Kockázati Tőkealap) Venture capital fund 70.00% 70.00% 13 351 13 351 X-Ventures Gamma Kockázati Tőkealap Venture capital fund 70.00% 70.00% 13 351 13 351

MFB Hungarian Development Bank Private Limited Company Notes to Stand-alone Annual Financial Statements for the year ended 31 December 2024 (amounts presented are expressed in HUF million unless otherwise noted) 135 38. EVENTS AFTER THE REPORTING PERIOD All adjusting events after the balance sheet date have been considered in the preparation of the Bank's financial statements. There have been no material events that occurred after the balance sheet date that would impact the financial statements of the Bank.

MFB HUNGARIAN DEVELOPMENT BANK PRIVATE LIMITED COMPANY 2024 MANAGEMENT REPORT

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 2 Table of contents I. Executive summary _______________________________________________3 I.1. The Bank’s key data _________________________________________________ 4 I.2. Business processes __________________________________________________ 4 I.3. Funding management________________________________________________ 5 I.4. Finances __________________________________________________________ 5 I.5. MFB-DHK integration _______________________________________________ 5 I.6. Summary _________________________________________________________ 6 I.7. Corporate governance statement _______________________________________ 6 I.8. Sustainability Report (ESG) ___________________________________________ 6 I.9. Method of disclosure ________________________________________________ 6 II. Operating conditions______________________________________________7 II.1. Macroeconomic effects ______________________________________________ 7 II.2. Legislative changes significantly affecting the Bank’s operations _____________ 7 II.3. Founder’s Resolutions _______________________________________________ 8 III. The Bank’s activities in 2024 _______________________________________8 III.1. Lending __________________________________________________________ 8 III.2. Guarantees and sureties provided _____________________________________ 11 III.3. Investments_______________________________________________________ 11 III.4. MFB-DHK integration ______________________________________________ 12 III.5. EU funds management ______________________________________________ 12 III.6. Changes in limits and thresholds ______________________________________ 14 IV. The Bank’s asset-liability management ______________________________14 IV.1. Fundraising ______________________________________________________ 14 IV.2. Asset and liability structure, maturity structure, maturity match _____________ 15 V. The Bank’s balance sheet and income statement ______________________16 VI. The Bank’s business management in 2024 ___________________________18 VI.1. Cost management __________________________________________________ 18 VI.2. Organisation, internal regulation _____________________________________ 20 VI.3. Capital expenditures in banking operations _____________________________ 24 VII. Effect on profit of impairment and provisions, operating loss events ______25 VII.1. Effect on profit of impairment/provisions _____________________________ 25 VII.2. Coverage of transactions __________________________________________ 26 VIII. Key ratios illustrating the operations of MFB _________________________27 IX. Risk management activities _______________________________________30 X. Audit _________________________________________________________33 XI. Compliance ____________________________________________________33 XII. Marketing activities______________________________________________35 XIII. Audits by external organisations ___________________________________38 XIV. The 2025 business policy concept of MFB ___________________________40 XV. Events after the balance sheet date _________________________________41 Annex 1 ____________________________________________________________42

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 3 I. Executive summary MFB Hungarian Development Bank Private Limited Company (hereinafter: “MFB Zrt.”, “MFB” or the “Bank”) has prepared its 2024 management report in compliance with the Act C of 2000 on Accounting and pursuant to the rules of procedure of its Board of Directors and Supervisory Board. The purpose of the report is to allow the Bank’s governing bodies to learn the details of the Bank’s operations and business processes in the reporting period, and, based on balance sheet and income statement data, to gain an accurate picture of the Bank’s financial management in 2024. MFB Zrt.’s performance in 2024 was defined by the task of re-launching the economy, the deterioration of the European economy, the weakening of the forint against the euro due to the general strengthening of the dollar, and the stalling of the domestic monetary easing cycle. In Hungary in 2024, falling inflation and interest rate cuts by the National Bank of Hungary also suppressed the level of loan interest rates, which led to a strengthening of credit demand with the revival of corporate investment intention. This is also confirmed by MFB’s company questionnaire surveys (MFB-INDIKÁTOR): by autumn 2024 the share of firms planning to raise some kind of external financing in the next 12 months rose from 21% in the previous year to 24%. To this end, the Bank continued to make new loan and capital placements in 2024 in an outstanding volume of over HUF 1,000 billion, following new commitments, guarantee provisions and placements of more than HUF 1,000 billion in the previous year. In 2024, businesses continued to benefit from a number of loan and capital programmes, individual loans and bonds, as well as guarantees complementing the lending activities, in order to fulfil their investment and working capital requirements, to address liquidity problems and ultimately to help the economy restart and regain stability. The Bank financed its business activity in the reporting year through new domestic bond issues and short and medium-term borrowing. MFB did not receive any capital contribution from its owner in the year under review; its total capital adequacy ratio fell to 14.71% by the end of 2024. Due to the negative effects on businesses of the deteriorating fragile economic environment caused by the economic stagnation accompanying the decrease in investments and the decline in industrial production, the Bank had to generate a larger amount of provisions in 2024 as well. As a result, the expected risk cost for 2024 reached HUF 30.2 billion, although MFB’s profit after tax is still positive. This was mainly due to higher dividend income, net commission and fee income and the modelled accounting profit of market funds valued at fair value compared to the previous year. The decisive task of 2024 was the implementation of the first phase of MFB and Diákhitel Zrt. (hereinafter: DHK) integration based on the Government's decision on the transformation of the institutional system of student loans, Founder's Resolution No. 93/2023 (XII. 21.) of the exerciser of owner’s rights and Government Decree No. 1/2012 (I. 20.) on the student loan system. The first phase was completed on 12 June 2024, and the tasks and the employees performing the tasks belonging to DHK Zrt. were outsourced to MFB. In summary, MFB had another successful year in 2024. Business activity continued to show growth, with MFB being available to businesses with loan, capital and guarantee products; meanwhile, the Bank achieved a positive result. The first stage of the MFB-DHK integration was successfully completed, Diákhitel Központ Zrt. continues its credit activity undisturbed, at the usual level for the customer.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 4 I.1. The Bank’s key data The key figures of 2024 are summarised in the table below 1 : data in HUF million 2024 Balance sheet total 3,792,378 Shareholders’ equity 635,555 Total operating income 54,600 Total operating expenses (10,535) Effect on profit of changes in impairment and provisions (30,169) Other items (7,508) Profit/loss for the year 6,388 I.2. Business processes Lending, new guarantees In 2024 the Bank approved loan applications in a total value of HUF 385.8 billion, of which HUF 378.5 billion were loan applications approved for large individual transactions and HUF 7.3 billion for loan programmes. In 2024, new loan disbursements amounted to HUF 484.8 billion; at the end of the year, the Bank’s total net loans portfolio 2 amounted to nearly HUF 1,629.5 billion, up HUF 280 billion on year-end 2023 levels. New corporate bond underwriting 3 shown under credit securities amounted to HUF 40.8 billion; while at the end of the year, the total net portfolio stood at HUF 397.5 billion. In 2024 the Bank granted its customers new guarantees and guarantee limits of HUF 288.2 billion; the year-end stock of guarantees and guarantee limits exceeded HUF 1,111.8 billion. Equity interests In 2024 MFB’s subscriptions of investment units in the various capital funds and thus its support for the capital placements made through these funds continued to be heavily represented among its direct investments. The main elements of capital increases in its own businesses and investment unit subscription commitments were the following: • Subscription of investment units in the capital funds in order to meet the capital increase commitments previously undertaken by MFB-funded Crisis capital funds. • Subscription, and commitments to subscribe, for capital fund units under the Gábor Baross Capital Programme. • Subscription of investment funds of real estate capital funds, and the subscription obligation undertaken. 1 In the management report, total operating income and total operating expenses include the revenue and expenses related to the Bank’s core activity, while other profit and loss from financial assets is presented in the Other items. The income statement is presented in detail in section V. 2 The aggregate value of the lines of Loans in the accounting balance sheet. 3 In the accounting balance sheet, in the case of corporate bonds, the aggregate value of financial assets valued at fair value against other comprehensive income and corporate bonds included in Credit securities recognised under financial assets valued at amortised cost is shown.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 5 • Fulfilment of commitments previously made under MFB capital funds managed by Hiventures and Focus Ventures. • Commitment to increase capital and execute capital placements to finance the activities of MFB Invest Zrt. The Bank’s net equity interest portfolio grew by HUF 292 billion in 2024 4 , to HUF 1,329 billion, actual capital placements and investment-unit subscriptions amounted to nearly HUF 210 billion in 2024. EU funds management MFB was a fund management entity in the 2007-2013 programming period, and a Fund of Funds implementing entity in the 2014-2020 European Union programming period and in the 2021-2027 programming period, it plays the role of the organisation implementing the Holding Fund and the organisation implementing the Financial Instrument, and disposes over the available funds in its own name, but for the benefit of the Governing Authorities/National Authority operating under the control of the National Development Centre. Consequently, it maintains separate records of the funds of programming periods; these do not form part of the Bank’s balance sheet. In 2024, the Bank disbursed EU funds totalling HUF 2.7 billion through intermediaries related to the 2021-2027 programming period and the RRF. I.3. Funding management In 2024, MFB Zrt. raised medium and long-term external funds in the amount of HUF 612 billion. In terms of currency, the forint accounted for 57.1%, the euro for 42.9% of the funds. Bilateral bank loans represented 50.0%, domestic bonds 23.9% and institutional loans 13.8% and club loans 12.3% of the funds raised. I.4. Finances The Bank’s net interest income (HUF 1,148 million) was down on the previous year’s level due to the repricing of existing loans and the high interest expenses of newly raised funds, as well as due to the significant financing needs of non-interest-bearing assets. Net fee and commission income (HUF 5,378 million) came in higher than the previous year’s figure due to a larger guarantee portfolio, and dividend income (HUF 8,392 million) was also higher than in 2023. During the year, the accounting gain on market funds measured at fair value (HUF 39,682 million) was some of the larger items. The expenses of banking operations (HUF 19,082 million) increased in 2024, in line with the increase in business activity and due to the inflationary effect. The effect on profit of changes in impairment/provisions is higher (HUF 30,169 million) than in 2023, due to the increase in portfolio, and the model change, furthermore, the prolonged economic crisis. The Bank spent HUF 1,881 million on bank-operation investments in 2024. These capital investments were aimed at ensuring the necessary infrastructure, implementing developments required for performing the requisite range of tasks, and at replacing obsolete cars and equipment. I.5. MFB-DHK integration Based on the decision of the Government and the Founder, in 2024 MFB took over the DHK's tasks and a significant part of its employees. In order to exploit the synergy, some tasks that currently belong to DHK Zrt. and the employees performing these tasks will be outsourced to MFB, which induces an increase in costs at MFB Zrt. Part of the cost increase is accounted for by the Bank as income in the framework of a service fee or cost transfer. 4 Also presented in this part of the balance sheet are the capital fund units recognised among Non-trading financial instruments mandatorily measured at fair value through profit or loss. The volume amount is consistent with the balance sheet numbers in section V of the report; the balance sheet is presented in detail in that section.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 6 I.6. Summary The Bank’s activities in 2024 were largely determined by its response to the emerging overall economic crisis, and the measures taken to maintain economic stability and to re-launch the economy. In 2024, the Bank provided significant funds to businesses to mitigate the economic damage and to expand investments to support economic growth. Accordingly, the balance sheet total increased in line with the expansion of the loan and investment portfolio. In addition, one of the key goals of the Bank in 2024 was to ensure the optimal and rational use of state assets, and in 2024 the Bank realised a profit after tax of HUF 6.4 billion. 2024 was the third year of implementation of the Bank’s medium-term strategy for 2022-2030. In the medium-term strategy, the Bank anticipated new commitments of HUF 1,600 billion up to 2025 and a further commitment of HUF 3,600 billion between 2025 and 2030. The commitment to be met by 2025 was already fulfilled by the Bank by the end of 2023, therefore, in 2024, the Bank revised its business strategy and its strategic objectives for the new commitments included in it. The revised business strategy is expected to be approved by the exerciser of ownership rights in 2025. Based on MFB’s latest company questionnaire survey (MFB-INDIKÁTOR) conducted at the end of 2024, the Hungarian economy has an unmet lending gap of around HUF 530 billion (including investment loans, working capital loans and overdraft facilities). The size of the gap measured in the investment credit market, which is a priority area for monitoring, is estimated at HUF 410 billion, the gradual filling of which is a justifiable task, in line with EU principles as well. I.7. Corporate governance statement Under Section 95/B(1) of Act C on Accounting of 2000, which applies to management reports, a business whose transferable securities have been accepted for trading on a regulated market in any Member State of the European Economic Area must publish a corporate governance statement in its management report. Pursuant to the above, MFB is required to make a statement in light of the bonds it has issued. The corporate governance statement is prepared by the Bank as an appendix to the business report but published as a separate document on its website. I.8. Sustainability Report (ESG) Pursuant to Act C of 2000 on Accounting, the Bank is not obliged to prepare an individual sustainability report for the 2024 business year. The Bank prepares its consolidated Sustainability Report for the business year 2024 as an appendix to the business report but publishes it as a separate document on its website. I.9. Method of disclosure The Bank discloses essential information – with the exception of non-essential and protected or confidential information – at least once a year, at the same time as the public report, in accordance with CCXXXVII of 2013 on credit institutions and financial enterprises. Act 122-123. §, and on the basis of European Parliament and Council Regulation (hereinafter: CRR) 575/2013 of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation 648/2012/EU (CRR). The Bank responds to this with a Disclosure notice, which is available on the Bank's website.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 7 II. Operating conditions II.1. Macroeconomic effects After four quarters of decline and stagnation, the performance of the Hungarian economy turned to growth in Q1 2024. In 2024, the volume of GDP increased by 0.5%, which was below the EU average (+0.8% on an annual basis), and is in the middle of the ranking of member states. The expansion of the economy in 2024 was essentially the result of the increase in the volume of the service sector, within which almost all service areas contributed positively to GDP growth. In contrast, economic performance was largely restrained by industry, especially in Q3 2024. In 2024 the Hungarian economy saw a 13.8% drop in the volume of capital investment year-on-year. While investment in machinery and equipment decreased by 13.0%, construction projects, which are more dependent on EU funds, fell by 14.6%. Investment in manufacturing, the largest contributor, decreased by 14.2% in 2024 (y/y), furthermore most of the branches of the services sector saw year-on- year declines, with only public administration (+37.9%), accommodation services, hospitality (+12.7%) and financial and insurance activities (+25.0%) showing year-on-year growth, however in the first two branches, the low base was also the determining reason for the growth. Gross corporate loans (HUF 13,134 billion in December 2024) increased by 4.6% (+HUF 587 billion) in 2024, which was significantly higher than the growth rate in the same period of 2023 (+4.0%). Overall, there was no lending turnaround in the corporate credit market, as the HUF 718 billion increase in foreign currency loans over 12 months was opposed by the HUF 239 billion decrease in the stock of HUF loans. The lending statistics are further worsened by the exchange rate effect: only about three quarters of the expansion of foreign currency loans came from transactions (HUF 519 billion), while a quarter came from the weakening of the forint and revaluations. By the spring of 2024, the inflationary shock subsided, and in January 2024, the 12-month consumer price index entered MNB's inflation target range (3±1%) after 34 months. The turning point was April 2024, when the disinflation process ended. The slowdown in the inflation rate was strongly supported by the fact that prices in some segments of the real economy either increased at a decidedly lower rate or decreased significantly. Between January and November 2024, the rate of inflation fluctuated in the range of 3.0-4.1% compared to the high baseline a year earlier, but by December it accelerated to 4.6%. In the price development in December, the effect of the significant depreciation of the forint in the fall of 2024 against the euro and the dollar was already visible. Looking at the whole of 2024, consumer prices were on average 3.7% higher year-on-year. MNB’s Monetary Council started its monetary easing cycle in October 2023 and suspended it in September 2024 as a result of the increasing pressure on the forint exchange rate, the base rate dropped from 10.75% at the beginning of the year to 6.50% in September and it did not change until the end of the year. II.2. Legislative changes significantly affecting the Bank’s operations The table below shows the year-end utilisation of the state guarantee and interest subsidy facilities approved for the Bank under Act LV of 2023 on the Central Budget of Hungary for 2024 and under the provisions of Government Decree 489/2023 (XI.2.) on the different rules of Act LV of 2023 on the Central Budget of Hungary for 2024 during the emergency period, in force since 1 August 2024:

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 8 data in HUF million Limit Drawn down Available Fundraising limit 4,300,000 2,797,855 1,502,145 Loan financing, surety and guarantee limit 1,700,000 1,199,579 500,421 Exchange rate hedging agreement limit 2,000,000 1,477,809 522,191 Interest subsidy limit 700,000 38,989 661,011 In 2024, there were no significant legislative amendments affecting MFB Zrt., but at the same time, the legislation enacted in the framework of emergency legislation regarding the state(s) of emergency ordered by the Government (thus in particular regarding the freeze on reference and default interest rates) continued to affect the activities of MFB Zrt. II.3. Founder’s Resolutions The Minister for National Economy, who exercises shareholder rights over the Bank, has taken a number of important decisions concerning the Bank’s operations. In the year 2024, the majority of the Founders’ Resolutions adopted by the founders – acting within the scope of their duties and powers as defined in the Articles of Association – were related to the amendment of the Articles of Association, taking of business decisions, specifying deadlines for their completion and describing the method for verifying their implementation, as well as the recall and election of executive officers. III. The Bank’s activities in 2024 III.1. Lending In 2024, the Bank made a positive decision on loan applications of a combined HUF 345.1 billion; the total amount of newly concluded or amended contracts was HUF 537.0 billion. The value of MFB- funded loans disbursed in 2024 (excluding credit securities) was HUF 484.8 billion. During the current year, the Bank subscribed HUF 40.8 billion worth of corporate bonds, which is shown in the balance sheet under Credit securities. The graph below presents the 2024 changes in the disbursement of MFB-funded loans and corporate bonds in more detail (in HUF billion):

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 9 MFB’s loan programmes Through MFB-funded loan programmes the Bank had provided borrowing opportunities to the following target groups in 2024: • micro, small and medium-sized enterprises meeting the criteria for SMEs, • businesses not meeting the criteria for SMEs (mid-caps and large companies), • agribusinesses. As in previous years, in 2024 the domestic economic actors had to face a number of challenges, partly from the lingering effects of the previous year (Russia-Ukraine war, stalling of EU funds, fiscal imbalance) and partly from new risks (the Fed's interest rate policy and the presidential election in the United States, international financial market volatility) arose. Accordingly, the Bank's response to the economic consequences arising from these reasons was the focus in 2024. Loan products provided to financial enterprises remained popular in 2024. The Széchenyi Microcredit Facility, launched by KAVOSZ Zrt. under the Széchenyi Card Programme, continued to generate significant customer demand from SME sector players in 2024, due to its particularly favourable pricing. In addition, in line with market needs, a separate scheme was developed for financing current assets. The following MFB-funded loan programmes were available or announced in the last quarter of 2024: • Enterprise Development MFB Loan Programme o MFB Széchenyi Microcredit Refinancing Programme 2.0 o MFB Energy Efficiency Loan Programme (announced on 29 December 2023 and entered into force on 8 January 2024) o MFB PVRK Current Asset Loan Programme (announcement and entry into force: 19 November 2024) • Loan programme distributed by MFB aimed at developing businesses o Széchenyi Restart Investment Loan MAX+ o Agri Széchenyi Restart Investment Loan MAX+ o Széchenyi Restart Liquidity Loan MAX+ The above loan programmes have provided and continue to provide the widest possible access to funding designed to enable the comprehensive implementation of borrowing requirements altered due to the economic environment, as well as of macroeconomic objectives for economic recovery. The Bank’s development activities related to MFB-funded products in 2024 were as follows: • In 2021, KAVOSZ Zrt. introduced a new product scheme in the framework of the Széchenyi Card Programme, based on Government Decision 1483/2021 (VII.16.), designated as Széchenyi Microcredit Facility, for the refinancing of which MFB Zrt. announced the MFB Széchenyi Microcredit Refinancing Programme on 6 October 2021; then, simultaneously with the subsequent closure of the latter programme, KAVOSZ introduced the MFB Széchenyi Microcredit Refinancing Programme 2.0 on 29 August 2022, with the aim of ensuring that financial businesses will continue to have refinancing funds available in 2024 for the distribution of KAVOSZ Zrt.’s Széchenyi Microcredit MAX+ product. The interest rate of the Loan Programme is constantly under review with regular monitoring of the development of funding costs – in addition to taking into account the relevant inquiries of the Ministry for National Economy. Thus, the interest rate of the Loan Programme was continuously reduced in 2024 (on 22 January, then 10 May, 16 July and 28 August 2024). Thus, despite the decline in the propensity of businesses to invest, and also thanks to favourable pricing, a significant amount of HUF 37.5 billion of refinancing contracts were signed in 2024 under the MFB Széchenyi Microcredit Refinancing Programme 2.0. • At the end of December 2023, with the last step on January 8, 2024, the MFB Energy Efficiency Loan Programme for Businesses was introduced, which provides funds for micro, small and medium-sized enterprises, with extremely favourable, max. 15-year terms and with a max. 5-year grace period, for investments that promote the improvement of the energy efficiency of buildings

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 10 necessary for their activities, and – within their energy consumption – the increase of renewable energy consumption. Instead of the originally planned state-subsidised forint loan, the scheme can be applied for as a fixed-rate euro loan at credit institutions refinanced by the MFB or directly at MFB. The Loan Programme is financed 50% from EIB and 50% from CEB funds. In January 2024, MFB held a successful product presentation and comprehensive product training for credit institutions interested in selling the Loan Programme, with the participation of more than 300 people. Among the participants in the product presentation, four credit institutions (CIB, Raiffeisen, OTP, MBH) concluded refinancing framework agreements for the sale of the product. In order to promote the sale of the Loan Programme, a currently unique method was developed, by means of which part of the cost of the investment can be recovered as a one-time income for the customer by selling certified energy savings (hereinafter: CES) resulting from the investment of customers that implement energy efficiency measures financed by the Bank. This new, innovative method was developed together with MVM Optimum, with which the Bank signed a framework Service Level Agreement on 19 July 2024 for the performance of CES-related tasks. The possibility for customers to use the MFB-MVM Optimum cooperation was introduced on 28 October 2024, for the first time in connection with the MFB Energy Efficiency Loan Programme for Businesses. Contrary to preliminary expectations, in December 2024, the size of the CESs to be fulfilled by the energy efficiency obligees was not increased. Since the obligees do not need to realise additional CESs through purchase, the possibility of selling CESs and the resulting "extra" income is significantly reduced, so there is little customer interest in MFB-MVM Optimum cooperation. • In view of the significant demand from financial enterprises, the Bank introduced the MFB PVRK Current Asset Loan Programme on 19 November 2024, which can only be applied for through financial enterprises refinanced by the MFB. To date, 5 financial enterprises have joined the sale of the scheme, and 4 more financial enterprises are in the process of joining. In the framework of the Loan Programme, inventory, trade receivables, and operating costs can be financed, including real estate financing for current assets, as well as loans for the final repayment of loans for such purposes. The SMEs to be financed can choose from a loan with a fixed or variable interest rate (priced at 3- month BUBOR) without state interest subsidy, with a maximum term of 5 years. • From 11 December 2024, the Bank participates as a direct distributor for KAVOSZ Zrt. in the sale of Széchenyi Restart Investment Loan MAX+, Agri Széchenyi Restart Investment Loan MAX+ and Széchenyi Restart Liquidity Loan MAX+ products. The loan purposes, term, commitment period, own funds and collateral provided by the client, etc. are defined in accordance with the product documentation of KAVOSZ Zrt.’s referenced products. Given that the service to be provided by KAVOSZ Zrt. to MFB is not considered consultancy related to the core activity, public procurement is required, which is negotiated by KAVOSZ Zrt. and MFB Zrt. in early 2025. • In addition to the measures related to self-financed loan programmes indicated above, based on the Service Level Agreement between Diákhitel Központ Zrt. (hereinafter: DHK) and MFB, as of 12 June 2024, the MFB's Product Management and Business Development Department (hereinafter: PMBD) will coordinate product development tasks related to student loan products and prepare pricing proposals. o The PMBD actively cooperated with the Ministry of Culture and Innovation, the Ministry of Finance and the Ministry for National Economy in the development of the concept and financing of the Individual Learning Account supporting adult education. Further substantial progress in the topic can be predicted after the expected adoption of the Government Proposal presenting the concept in the first half of 2025. o In the first half of 2024, the Strategic Department of the Prime Minister's Office launched a collaboration aimed at developing the concept of a Student Loan product that encourages the return of Hungarian citizens who live abroad and who have obtained a degree there, and which replaces foreign student loans. After the launch of the concept, the PMBD coordinated the development of the product concept by carrying out operational tasks, thereby significantly supporting the Government Proposal prepared by the Prime Minister's Office – to be discussed in November 2024 – and the related normative text aimed at amending Government Decree No. 1/2012. (I. 20.) on the student loan system. The product was successfully developed, and pursuant to the effective Government Decree No. 1/2012.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 11 (I. 20.) on the student loan system, the "Hazaváró" Student Loan can be applied for from 1 January 2025. Individual placements MFB approved a total of HUF 336.3 billion in individual loan applications in 2024, and the total value of individual new contracts and contract amendments was HUF 495 billion. In the case of individual loans, the annual amount disbursed was in excess of HUF 541.9 billion. The Bank reports under individual loans the loans granted under the Funding for Growth Scheme and the Gábor Baross Loan Programme, with a total of HUF 10.1 billion of new loans having been disbursed in 2024. Within individual placements, the Bank continues to give priority to meeting the financing needs of the companies in its group; the amount of new loans granted to group members was more than HUF 29.2 billion in 2024. Corporate bonds In 2024, MFB Zrt. also took part in corporate financing in the form of corporate bond subscriptions, in addition to traditional lending, which is shown in the balance sheet under Credit securities. In 2024, the Bank subscribed a total of HUF 41 billion in corporate bonds. III.2. Guarantees and sureties provided In addition to loan products, MFB continued to help businesses in 2024 with guarantees and sureties directly or indirectly related to loan transactions. The total amount of new guarantees issued by the Bank was HUF 288.2 billion in 2024 (including guarantee facilities). Thus, the guarantee portfolio increased to HUF 954.9 billion, while the value of guarantee facilities amounted to HUF 157.0 billion at the end of the year. III.3. Investments Companies in which MFB holds a direct ownership stake MFB’s investment activity continued to grow in 2024, with investment units in the various capital funds representing a significant share of the Bank’s investments, and thus the financing of capital placements through investment funds, with the involvement of market-based fund managers and by encouraging private investors, was also a key driver. The advantage of capital investment made through capital funds is that it can also provide financing for businesses that have no access or only limited access to loan financing. In addition, focusing on rebuilding the economy and placing it back on a growth footing is a good means of financing growth and even international expansion, e.g. for financing corporate or real estate transactions, or for financing slower-payback investments. In addition to the above, capital funds also open up the possibility of complementing the funds provided by MFB with capital from private investors, thereby increasing the amount of funds available to finance development. In 2024, MFB-financed capital funds can be classified into six categories: • Crisis Capital Funds • Capital funds financed under Pillars I, II and III of the Baross Gábor Capital Programme • MFB-financed capital funds, managed by Focus Ventures. • MFB-financed funds, managed by Hiventures • Demján Sándor Capital Programme • International Capital Funds For the above-mentioned categories, the Bank committed a total of HUF 318 billion in new commitments to capital funds in 2024, alongside a minimum contribution of 30% from private investors.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 12 In addition to economic development, the objectives of the new investments already include stimulating liquidity in capital markets and promoting green investing. In the case of capital funds, the total commitments exceeded HUF 1,315 billion by the end of 2024. Actual disbursements in 2024 for capital funds established previously and in the subject year totalled HUF 171 billion. In addition to the above, MFB Zrt. successfully exited from the securities funds created under Pillar I of the Baross Gábor Capital Programme, and the redemption of the last investment unit will be completed on 17/01/2025. Companies in which MFB exercises ownership rights The Bank exercised ownership rights in respect of the following companies as at 31 December 2024: • Diákhitel Központ Zrt. • Regionális Fejlesztési Holding Zrt. • Capital funds of the 2007-2013 programming period and capital funds of the 2014-2020 programming period. • pursuant to Decree 15/2022 (XII.6.) of the Ministry of Economic Development (GFM), the Innovation Europe Agricultural Innovation Private Equity Fund III.4. MFB-DHK integration In Q4 2023, the Government amended Government Decree No. 1/2012. (I. 20.) on the student loan system, and Act XX of 2001 on the MFB Hungarian Development Bank Private Limited Company (hereinafter: MFB Act). Pursuant to these, as well as based on the Founder's decision, Diákhitel Zrt. entrusted MFB Zrt. with the performance of tasks related to the operation of the student and training loan system, including the conclusion of student and training loans on its behalf, for its benefit and at its risk. On behalf of MFB, the provision of student lending activities is ensured by the Service Level Agreement (SLA) established between Diákhitel Zrt. and the MFB as of 12 June 2024. The aim of the measure is to make the operation of student loans more cost-effective by transforming its institutional system, by making maximum use of the synergies resulting from the joint operation of similar functions of the two institutions and the joint use of certain services and infrastructure. On 12 June 2024, the first phase of integration and outsourcing to MFB Zrt was successfully completed, and as a result of the Future Project, the parties concluded the SLA between DHK and MFB with all necessary annexes. DHK pays a service fee to MFB based on the costs incurred in order to perform the activities and tasks specified in the contract. In addition, a contract for the partial sublease of the Kacsa Street office building was drawn up, based on which MFB can use part of the premises leased by DHK specifically for its own activities unrelated to the SLA. 68 employees of Diákhitel were transferred to the exerciser of ownership rights, MFB Zrt. by way of succession. 17 people were transferred to MFB Zrt. in employment relationships established by multiple employers, and 20 people were transferred from MFB Zrt. to Diákhitel Zrt. into multiple employment relationships. After 12 June 2024, the number of employees employed by exclusively by Diákhitel Zrt. was 3. III.5. EU funds management MFB was a funds management entity in the 2007-2013 programming period and acts as the Fund of Funds implementing entity for the 2014-2020 European Union programming period; it disposes over the available funds in its own name, but for the benefit of the Managing Authorities. Consequently, the funds of the programming periods do not form part of the Bank’s balance sheet; it keeps separate records of these funds. The EU resource management tasks serving the economic development goals of the MFB play a decisive role in the Bank's activities, the stock of deployed EU financial instruments amounted to nearly HUF 590 billion at the end of 2024, a significant number of employees are engaged in the management of resources and the deployment of financial instruments. Therefore, the Bank views its EU resource management activities as a key intangible resource.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 13 In the 2014-2020 programming period, EU programmes provided borrowing opportunities for the following target groups: • micro, small and medium-sized enterprises, • large companies, • retail/residential customers (natural persons, condominium associations, housing cooperatives), • non-governmental organisations. The 2007-2013 and 2014-2020 programming periods are over: the closing processes have been completed, and the remaining banking tasks are related to the management of the existing portfolio and of the repaid funds. For the 2021-2027 European Union programming period, the Government has designated MFB Hungarian Development Bank Plc. as the holding-fund implementing entity (hereinafter HFIE), and as the financial-instrument implementing entity in respect of the RRF (hereinafter referred to as the FIIA). Under these mandates, the Bank is responsible for coordinating the implementation of EU aids in the form of financial instruments. As HFIE/FIIA, the Bank will perform the task of implementing the operational programmes that determine how the financial instruments are used (GINOP Plus, DIMOP Plus, KEHOP Plus, TOP Plus and RRF), and thus discussions with the planners of the relevant operational programmes regarding the planned product types, product parameters and the timing of their introduction, have started and are underway. Based on the operational programmes adopted for the period between 2021-2027, HUF 855.34 billion of cohesion funds will be used in the form of financial instrument grants, which will also be supplemented by RRF funds. The Bank selected the financial intermediaries involved in the implementation of the EU-funded loan programmes within the framework of a public procurement procedure for both the corporate and retail MFB Point Plus networks. The Intermediary Agreement was signed with the consortium selected during the successful public procurement on 30 April 2024, after which the entire network was opened within 60 days, through which product sales began in H2 2024. In H1 2024, two loan programmes were announced, firstly the SME Technology Plus Loan Programme (GINOP PLUSZ-1.4.3-24) targeting the corporate target group, and then the Home Renovation Programme (RRF-REP-10.13.1-24) targeting the retail target group. In the second half of 2024, an MFB direct loan programme, the installation of electric car charging stations (RRF-REP-10.14.1-24) and another 3 loan programmes aimed at corporate target groups in the MFB Point Plus network were announced: the SME Technology Plus Loan Programme (GINOP Plusz-1.4.4-24), the Support for the digitalisation of micro, small and medium-sized enterprises single-action combined loan product (DIMOP Plusz-1.2.3/A) and the Support for the digitalisation of SMEs loan product (DIMOP Plusz-1.2.3/B). With the announcement made in December 2024, but with the possibility of submitting an application until 20 January 2025, the Home Renovation Programme aimed at the retail target group was announced (KEHOP Plusz-4.1.7-24 properties outside Budapest and KEHOP Plusz-4.1.8-24 properties in Budapest), concurrently with which RRF-funded loan programme aimed at the former retail target group (RRF-REP-10.13.1-24) was closed. In the case of venture capital products, Investment Period II has ended, meaning that capital funds focus their activities on the care and maintenance of the portfolio. This is reflected in the decrease in placements. The funds drew down 100% of the in-kind contribution and almost fully invested this.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 14 III.6. Changes in limits and thresholds The Bank’s key prudential indicators are summarised in the following table: data in HUF million 31.12.2024 Own funds 633,752 Large exposure limit: - customer/customer group 380,251 - credit institution 1,267,504 - financial business 633,752 Highest exposure: - customer/customer group 244,797 - credit institution 70,860 - financial business 80,796 Capital adequacy ratio, % 14.71% MFB did not receive any capital contribution from its owner in 2024, and its capital requirement (8%) had increased by HUF 35.0 billion by the end of 2024, and thus the capital adequacy ratio decreased to 14.71% by year-end. The Bank observed the applicable legal requirements, the restrictions relating to prudential operation, and with the limits set in its internal directives. IV. The Bank’s asset-liability management IV.1. Fundraising In 2024, MFB Zrt. raised medium and long-term external funds in the amount of HUF 612.0 billion. In terms of currency, the forint accounted for 57.1%, the euro for 42.9% of the funds. Bilateral bank loans represented 50.0%, domestic bonds 23.9% and institutional loans 13.8% and club loans 12.3% of the funds raised. MFB Zrt. completed the following medium and long-term transactions in 2024: • In September 2023 MFB Zrt. entered into distributor agreements with 6 domestic credit institutions. Under the agreements, the Bank offers domestic forint-denominated bonds to the public through auctions on the Budapest Stock Exchange during the period ending 31 December 2026. OTP Bank Nyrt. acts as the main distributor. The Bank lists the bonds on the Budapest Stock Exchange. In 2024 the bond issues were completed with a par value of HUF 146.3 billion. • In 2024, MFB Zrt. issued green bonds and social purpose bonds for the first time. With the bond issue for social purposes, MFB Zrt. was among the first to appear in the Central-Eastern European region. • In 2024, the Bank entered into bilateral loan agreements with domestic credit institutions for a total amount of HUF 68 billion, and these loans were disbursed in full during the year. Based on the bilateral loan agreements concluded in 2023, an additional HUF 60 billion was disbursed in 2024. • In 2024, MFB Zrt. entered into bilateral loan agreements with domestic and foreign credit institutions for a total amount of EUR 450 million, and these loans were disbursed in full during the year. On 5 November 2024, the Bank signed a HUF 150 billion club loan agreement with a banking consortium formed with the participation of five domestic credit institutions. In 2024, HUF 75 billion was disbursed against the credit line, the remaining HUF 75 billion was paid by MFB Zrt. You can call it off in 2025. • On 18 October 2023, the Bank entered into a EUR 100 million loan facility agreement with the European Investment Bank (EIB), an international development bank. MFB Zrt. can use this loan facility for the partial refinancing of climate and environmental sustainability projects

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 15 (green objectives) to be implemented by small and medium-sized enterprises and mid-caps as well as private sector entities. In 2024, an amount of EUR 25 million was disbursed from the credit line. • On 19 October 2023, MFB Zrt. and the Council of Europe Development Bank (CEB), entered into a EUR 50 million loan facility agreement for the partial refinancing of energy efficiency projects to be implemented by micro, small and medium-sized enterprises. In 2024, an amount of EUR 25 million was disbursed from the credit line. • With China Development Bank (CDB) o On 29 December 2023, MFB Zrt. signed a EUR 150 million loan facility agreement to provide funds for a working capital loan to be granted to a client of MFB Zrt. In 2024, the full credit line was disbursed; o On 17 July 2024, MFB Zrt. signed a EUR 38.13 million loan facility agreement to provide funds for an investment loan to be granted to a client of MFB Zrt. In 2024, the first instalment of the credit line was disbursed. Changes in MFB Zrt.’s credit ratings On 5 December 2024, Moody's Investors Service confirmed the credit ratings it had previously established and changed the associated outlook from stable to negative. The confirmation of MFB Zrt.'s credit ratings and the change in the associated outlook followed in time the modification of the outlook related to the credit rating of the bond debt of the Hungarian State by Moody's Investors Service. On 12 December 2024, Fitch Ratings affirmed MFB Zrt.’s long-term issuer ‘BBB’ level credit rating and the outlook on this rating was changed from negative to stable. The other ratings were left unchanged. The confirmation of the above credit rating of MFB Zrt. and the change in the outlook followed in time the modification of the outlook related to the credit rating of the bond debt of the Hungarian State by Fitch Ratings from negative to stable. The credit ratings assigned by Scope Ratings GmbH earlier and the related outlook remained unchanged in 2024. IV.2. Asset and liability structure, maturity structure, maturity match Based on the balance sheet items presented in Chapter V, as at 31 December 2024, total loans represented almost 43% of the Bank’s total assets at year-end. The net portfolio of other interest-bearing assets 5 that partly serve as liquidity reserves (cash, interbank and MNB deposits) totalled HUF 90.3 billion, which represents 2.4% of total assets, the net portfolio of Credit securities 6 (government securities and corporate bonds, bank bonds and mortgage bonds) totalled HUF 462.7 billion, which represents 12.2% of total assets. The value of investments accounts for about 35%. Other assets accounted for 7.4% of the balance sheet total, in which exchange-rate guarantee settlements with the State appear with the greatest weight. Liabilities can be considered homogeneous. As a result of its activities determined by law, the Bank does not take retail deposits. Corporate deposits and lending-related collateral deposits accounted for a mere 1.4% of total liabilities. Most of the Bank’s liabilities (around 76.5%) come from the international and domestic money and capital markets. Within the total liabilities, bond issuance accounted for 44.4% and borrowing represented 28.6%. The stock of liabilities from MNB amounts to around HUF 130 billion, i.e. 3.4% of total liabilities. The share of interbank loans was 1.2% as at the end of 2024. The Bank’s equity is another significant element on the liabilities side of the balance sheet, representing 16.8% of total liabilities. The portfolio of other liabilities amounts to 4.2%. The Bank’s asset coverage (maturity match), as well as the liquidity ratios, present a favourable picture; MFB’s stable liquidity position remained in 2024, due to the large fundraising operations. • 5 The accounting balance sheet includes cash, accounts receivables from central banks and other demand deposits, HUF government bonds, IFRS corrections, other financial receivables, and Central Bank and interbank deposits. • 6 In the accounting balance sheet, Credit securities, except for Capital fund units recognised among Non- trading financial instruments mandatorily measured at fair value through profit or loss.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 16 V. The Bank’s balance sheet and income statement The Bank’s key 2024 balance sheet data are summarised in the table below 7 : At the end of 2024 the Bank’s total assets exceeded the previous year-end figure by HUF 251 billion, mainly as a result of the sizeable increase in business activity (volume of loans and investments). The Bank’s equity increased by the balance of the change in the current year's profit, retained earnings and other reserves. The differences in the structure of assets compared to the end of the previous year are as follows: • the portfolio of cash, central bank deposits and other interbank deposits significantly decreased compared to the end of the previous year, which decrease is partly due to the high interbank deposits at the end of the previous year, and in part to new loan placements and capital placements in the current year, 7 In the management report, the balance sheet is presented from the perspective of business controlling, and the comparison with the accounting balance sheet is contained in Annex 1. The main elements of the deviation from the accounting balance sheet are the following: Cash, central bank and interbank deposits include: • Cash, balances with central banks and other demand deposits • Other financial receivables • Central bank and interbank deposits Debt Securities includes: • Credit securities, except for Capital fund units recognised among Non-trading financial instruments mandatorily measured at fair value through profit or loss • Government bonds denominated in HUF reported under ‘Financial assets measured at fair value through other comprehensive income’ and ‘Financial assets measured at amortised cost’, including forint- denominated government bonds and their IFRS-adjusted amounts Total Loans include: • Loans Equity interests: • Instruments representing an ownership share • Investments in subsidiaries, joint ventures and associates • Credit securities recognised among Non-trading financial instruments mandatorily measured at fair value through profit or loss (Capital fund units) Other assets: Exchange-rate guarantee receivables from the State, tangible assets, intangible assets, financial instruments held for trading, derivatives, and other assets External funds: Financial liabilities measured at amortised cost (HUF million) 31.12.2024 31.12.2023 BALANCE SHEET Actual Actual Interest-bearing assets 2,182,504 2,280,665 Cash, Central bank and interbank deposits 90,251 443,289 Debt securities 462,731 488,034 Loans 1,629,522 1,349,343 Non-interest bearing assets (Shares) 1,329,017 1,036,940 Other assets (II.) 280,857 223,732 Total assets 3,792,378 3,541,338 External funds (III.) 2,999,397 2,818,041 Short-term funds 98,992 121,790 Long-term funds 2,900,405 2,696,250 Other liabilities 157,426 94,483 Shareholders' equity 635,555 628,815 Total liabilities 3,792,378 3,541,338

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 17 • the portfolio of debt securities was also lower than the previous year, which partly stems from the decrease in the portfolio of government securities and corporate bonds. • the net portfolio of loans was significantly higher than in the previous year due to disbursements in the current year, • the stock of investments was increased by the subscription of investment units of private and venture capital funds and the capital increase of MFB Invest Zrt., • Assets related to exchange-rate guarantee receivables from the State were mainly affected by a weaker HUF exchange rate, represent the largest part of other assets. The Bank’s income statement is as follows 8 : The Bank’s profit for the year was HUF 6.4 billion. In examining the profit items, it should be noted that • The Bank’s net interest income (HUF 1,148 million) was down from the previous year’s level partly due to the repricing of existing loans and the high interest expenses of newly raised funds, as well as a result of capital placement arising from the current year's activities, as the non- interest-bearing asset portfolio expanded significantly, the Bank realised lower interest income from the placement of free liquidity surplus than in the previous year. • The Bank recognised a higher amount in dividends (HUF 8,392 million) on the 2023 performance of MKK Zrt. and MFB Ingatlan-fejlesztő Zrt. than in the previous year. • The balance of commissions and fees received and paid is higher than in 2023, mainly as a result of the increase in fee income received due to the larger average guarantee portfolio. • During the year, the accounting gain on market funds measured at fair value was some of the larger items, which improved the overall profit figure by HUF 39.7 billion in 2024. • Expenses of banking operations exceeded the previous year’s level, while the 29.9% increase in personnel expenses was the result of both DHK integration (+85 people) and other headcount 8 In the management report, the profit and loss statement is presented from the perspective of business controlling, and the comparison with the accounting income statement is contained in Annex 1. The main elements of the deviation from the accounting income statement are the following: • In the management report, total operating income and total operating expenses include the revenue and expenses related to the core activity, while other profit and loss from financial assets is presented among Otheritems. • Total operating income includes the fair value gains on VC fund units from marketable funds measured at fair value. • Expense reimbursement: This is shown in the balance sheet under Other operating income excluding the net sales of non-financial and investment services related to previous years. (HUF million) 2024. 2023. INCOME STATEMENT Actual Actual Total operating income 54,600 48,440 Income from banking operations 14,918 26,206 Net interest income 1,148 13,701 Dividend income 8,392 8,019 Net commission and fee income 5,378 4,485 Fair value gain/loss on VC fund units 39,682 22,234 Total operating expenses (10,535) (10,262) Expenses of banking operations (19,082) (15,061) Personal expenses (11,813) (9,096) Other administrative costs (5,838) (4,625) Depreciation (1,431) (1,340) Expense reimbursement 7,738 4,799 SLA 809 0 Effect on profit of changes in impairment and provisions (30,169) (21,918) Other income/expenses, taxes (7,508) (13,915) Profit / loss for the year 6,388 2,345

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 18 growth (the total headcount increased by 118, and average headcount by 68.8) and the inflation- tracking wage increase, while the level of material expenses increased by 26.2%, mainly due to higher utility, IT and communication, as well as expert costs. The expenses of banking operations are detailed in a separate section. • The cost reimbursement line mainly includes the reimbursement of costs related to tasks associated with the management of EU funds. Costs reimbursement received in the year under review amounted to HUF 7.7 billion, which exceeds the level of the previous year. In 2024, the Bank performed its EU fund management tasks with higher number of FTEs (Full Time Equivalent) as in the previous year, meaning that the reimbursement of personnel costs increased in parallel with the increase in the number of employees and salaries. • Based on the Service Level Agreement (SLA) introduced as part of the MFB-DHK integration, MFB charges a service fee for the performance of tasks taken over from DHK under the conditions specified in the SLA, the amount of which is shown on this line. • The amount shown under effect on profit of changes in impairment and provisions stems partly from the obligation to recognise additional impairment/provisions on account of the impact of the economic crisis and partly from model change and general increase in activity. The changes in impairment and provisions are presented in a separate section. • In 2024, the Other income, expenses line includes, among other things, the loss recognised for 2024 due to the extension of the interest rate freeze until 1 April 2024, as well as the amount of taxes (including the special bank tax and the extra profit tax), banking supervision fee, profit/ loss from exchange rate differences, profit/loss from financial assets and liabilities held for trading purposes, as well as the amount of profit from the sale of receivables. In 2024, Other income, expenses developed more favourably than in the previous year, which is largely due to the reduction of the extra profit tax of financial organisations, as well as the lower amount of losses recognised due to contract amendments than the previous year. VI. The Bank’s business management in 2024 VI.1. Cost management The changes in expenses of banking operations in 2024 9 are summarised in the table below: The value of expenses of banking operations increased primarily due to the MFB-DHK integration, with the gross value in 2024 exceeding the value of the previous year by 26.7%. 9 In the management report, expenses of banking operations were grouped from a controlling perspective, according to the main connection points, while in the notes to the financial statements the costs were classified strictly on the basis of accounting principles. (HUF million) 2024. 2023. Other administrative expenses (5,838) (4,625) Operating expenses (723) (863) Communication expenses (469) (399) Marketing expenses (1,119) (1,194) IT expenses (1,438) (1,024) Vehicle expenses (210) (194) Expert expenses (1,212) (500) Other expenses (667) (451) Depreciation (1,431) (1,340) Personnel expenses (11,813) (9,096) Total expenses of banking operations (19,082) (15,061) Cost reimbursement by the State 7,738 4,799 SLA (Service Level Agreement) 809 0 Net total expenses (10,535) (10,262)

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 19 In line with the increase in the number of employees resulting from expanding business activity and the integration of DHK, the level of personnel expenses increased by 29.9% compared to the previous year. The average headcount of the Bank was 459.7 in 2024, which represents an increase of 68.8 in the current year. In the case of non-personal expenses, there was an increase in expert fees, IT and communication expenses, and operating expenses compared to the previous year. The reasons for the significant increase in expert fees, in addition to the use of consultancy absolutely necessary for operation, were the following: • The preparation and implementation of the DHK integration required expert knowledge. • The increase in the number of public procurement contracts has also required a higher number of external experts. • Studies were required for the new EU programming period 2021-27. • Green Office Programme continued in 2024 as well. • The cooperation with IHT Zrt. commenced. In addition to expert fees, IT and communication expenses also increased compared to 2023. Among IT costs, the main increases were in support for IT systems and software licence fees, the main reasons are the following: • license software tracking fees increased by an average of 40% compared to the previous year (most licenses are foreign currency-based), • in the case of several high-value licenses, only subscription plans are available, e.g.: Atlassian, which provides access that is more expensive than the purchase. • new services have been added in the field of Information Security in the area of CYBER security and supplier vulnerability. Furthermore, within other external service costs, the general price increase also affects the fees paid for students employed within the framework of the internship programme. Within the operating costs, office rent increased more significantly due to the DHK integration. Personnel expenses and headcount MFB’s active-employee headcount on 1 January 2024 was 393, with an additional 14 employees on the books but not included in the “statistical headcount” (i.e. those actually working). By the end of the year, the active-employee headcount had increased to 527, of which the number of inactive employees was 16 and the number of active employees was 511 people. The main reason for the increase is the 85- person increase in staff due to the DHK integration on June 12. After the completion of the first phase of the MFB-DHK integration, the Bank's employees can be divided into 3 groups: those engaged only in MFB-related activities (385 people at year-end), those with dual employment (MFB-DHK) (38 people at year-end) and those working in accordance with the SLA (88 people at year-end). The average number of employees of the Bank in 2024 amounted to 459.7. During 2024, MFB employed 59 students as interns, and in 2024 the Bank spent HUF 118.1 million to provide for the internship programme. Cost reimbursement by the State The Bank receives additional reimbursement from the Managing Authority in connection with its EU grant intermediation activities; in 2024, reimbursements of HUF 7.5 billion were recognised for this item, and it receives an additional reimbursement of HUF 0.2 billion for the management of the non- performing loan portfolio for the period 2007-2013 under an agency contract with the Ministry of Finance.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 20 VI.2. Organisation, internal regulation In the 2024 business year, the Bank's Articles of Association were amended twice, within the framework of which certain decision-making powers and board procedure rules were revised. In 2024, the Bank's Organisational and Operational Rules were amended four times. In order to improve the efficiency of the work organisation, and in view of the integration with DHK Zrt. – in accordance with a service level agreement between DHK Zrt. and MFB Zrt. – the tasks of individual organisational units were partly supplemented, and partly new organisational units were set up. Changes affecting the Business Division: − The name of the EU Sales and Customer Relations Directorate was changed to the EU Business Directorate. − The Venture Capital Investments Department was placed under the supervision of the head of the EU Business Directorate. − Within the Refinancing, Standard Lending and Business Development Directorate, the Customer Service Department was established in addition to the Product Management and Business Development Department, the SME, Municipal Financing and Portfolio Management Department, and the Refinancing and Student Loan Institutional Relations Department. Changes affecting the Risk Management Division: − The EU data reporting tasks were transferred to the Financial Assets Closing Directorate instead of the Monitoring and EU Data Reporting Department, in view of which the names of the relevant organisational units were changed to the Monitoring Department and the EU Irregularity Management, Closing and Data Reporting Directorate. − A new Risk Control Department was set up under the Strategic Risk Management Directorate, and its tasks were supplemented by the performance of ESG-related risk management methodological tasks. Changes affecting the Financial Division: − The Consolidation and Data Reporting Department was given a new name and became the Reporting Services Department, and the IFRS, Consolidation and Valuation Department was created from part of the regular staff of the former Financial Support Centre. − The Student and Training Banking Operations Department was established within the Banking Operations Directorate. − The Data Management Group belonging to the Business Intelligence Department was assigned the task of developing a uniform data management concept at the bank level. − A separate Procurement Department was established within the Procurement and Public Procurement Directorate. Changes affecting the IT Directorate: − The organisational units under the Directorate were renamed, and accordingly continue to operate under the names IT Development Department, IT Infrastructure Operation Department and IT Operation Department. Changes affecting the Bank and Information Security Directorate: − The new task assigned to the Directorate was to develop the Bank's human risk management system in order to prevent and detect the occurrence of human risk incidents. − Reception tasks were assigned to the Bank Security Department instead of the Supply and Operations Department. − In view of the importance of tasks related to information security, the Information Security Group was transformed into a department.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 21 Changes affecting the General Staff Division: − The Strategic and Group Management Directorate was transformed, and was given the new name of Strategic, EU and Government Coordination Directorate. − With the discontinuation of the Strategy Department, the employees responsible for the coordination of strategy-related tasks were transferred directly under the supervision of the head of the new Directorate. − The employees belonging to the International and Government Relations Department, performing government relations tasks, were also transferred under the supervision of the head of the new Directorate, and the name of the International and Government Relations Department was changed to the International Relations Department. − The Investment Department and the Group Management Department were placed under the direct supervision of the head of the Financial Division, − The Operational Development and Regulatory Directorate was reorganised as follows: • the Business Analysis Group and demand management activities were placed directly under the supervision of the head of the Directorate, • two new departments were created under the Directorate: o the Operational Development Department, which is responsible for project management, process management and operational development activities, and o the Regulation and Bodies Secretariat Department, which, in addition to regulatory tasks, is responsible for the performance of body office tasks previously belonging to the CEO's Secretariat. Changes affecting the Legal Directorate: − The new task of the Community Law Group within MFB is to carry out the responsible tasks of the Charter of Fundamental Rights. Changes affecting the Compliance Directorate: − The position of Manager Responsible for Outsourcing was created within the Directorate, which is held by the head of the Directorate. Changes affecting the Human Resources Directorate: − The HR Partner Department was established within the Directorate, which handles personnel tasks. In 2024, the Bank's Decision-Making Rules of Procedure were amended twice, in the framework of which the following changes were made: − In order to increase efficiency, the decision-making processes regarding the granting of loans were streamlined in view of the increase in business activity, in the framework of which powers more aligned with the level of risk-taking were defined, and the unjustified load on individual decision- making bodies and individuals was reduced. Two new decision-making levels have been introduced: • joint decision-making by the head of the Project Financing Directorate / Structured Financing Directorate and the head of the Operational Credit Risk Management Directorate, and decision making by the Deal Team. − Within the framework of changes related to special credit risk management • the Non-Performing Loans Committee was set up, the primary reason for which, in addition to relieving the Directorate, is for decision-making related to transactions falling under the jurisdiction of the Individual Loans Committee, but considered to be of higher risk from a risk management point of view, to be made by a special committee, • after taking over the portfolio of intermediaries involved in liquidation proceedings related to the 2007-2013 programming period, the scope of competence of the EU Management Committee was extended by classifying individual credit transactions and

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 22 claims related to final recipients related to the 2014-2020 programming period as irrecoverable, • the pre-workout and workout decision-making processes were rationalised, within the framework of which the powers of the head of the Risk Management Division and the Special Credit Risk Management Directorate were expanded. − Changes related to refinancing: • The head of the Business Division now has the authority to decide on the extension of the deadline for the annual review of the manual limit of an amount higher than the partner limit calculated with the methodology defined in the relevant regulations in connection with the refinancing loan programmes by a maximum of 3 months, between two limit reviews, no more than once. • The powers of the head of the Business Division, the Risk Management Division, and the Legal Directorate related to the model refinancing framework agreement have been clarified. It has been established that the head of the Refinancing and Student Loan Institutional Relations Department and the Risk Analysis Department jointly decide on the amendment of refinancing loan contracts only if it does not fully comply with the product documentation or involves an increase in risk for the Bank. The expectations set out in the framework of MNB audit have been incorporated. Part of these expectations included the review of decision-making powers related to refinancing, the more detailed regulation of record-keeping tasks related to business decision-making, and within this framework, the introduction of a record with a uniform structure and content, containing all relevant information, which we also fulfilled in Chapter III of the DHÜ and by creating a new Annex 2. − Changes related to EU-funded transactions not sold through intermediaries: • Modifications of EU-funded deals that were not sold through intermediaries that did not affect the main conditions were decided by two or one person, just like self-funded deals. − Transformation of the Development Steering Committee: • Based on practical experience and senior management expectations, the business demand management and IT development process was transformed, within the framework of which the operation and decision-making authority, powers and tasks of the Development Steering Committee were modified. − Further changes: • In connection with the integration with Diákhitel Központ Zrt., after 12 June 2024, the tasks of the Financing Committee previously operating in DHK Zrt. were partly taken over by the Executive Board and partly by the Asset Management Committee. In 2024, the Bank's Audit Committee Rules of Procedure were amended once, in the framework of which − the competence of the Audit Committee was supplemented by the following tasks: • monitors the Bank's ESG activities, as well as activities related to the provision of assurance regarding sustainability reports, and formulates recommendations as necessary, • discusses the report prepared on the Bank's ESG activities based on the proposal of the ESG, Business Consulting and Financial Institution Relations Directorate, − based on practical experience, the procedural rules for the operation of the Audit Committee were amended. Within this framework, among other things, the provisions regarding the form of the invitation, the supplementation of the agenda, quorum and decision-making outside the meeting were clarified. It has become possible to attend meetings via an electronic

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 23 telecommunication device that also allows the use of a camera, and cases where the Audit Committee, on the recommendation of the chairperson or a member, wishes to adopt a resolution with a different content compared to the proposal of the proposer, or after the submitter submits the proposal, amends the resolution proposal has been regulated. In 2024, the Bank's Supervisory Board Rules of Procedure were amended once, in the framework of which − in accordance with the findings of MNB during its comprehensive audit, the Conflict-of-Interest Declaration attached to the Rules of Procedure was supplemented in accordance with the conflict- of-interest rules, which also includes the declaration of the shares held in the enterprise(s) by supervisory board members' close relatives, − based on the initiative of the Internal Audit Directorate, the Rules of Procedure were supplemented with the fact that in the future, only the appointment of the head of the internal audit organisation and the termination of the employment relationship require the prior consent of the Supervisory Board, this is not necessary in the case of internal auditors, and the procedural rules for the operation of the Supervisory Board were amended based on practical experience. Within this framework, among other things, the provisions regarding the form of the invitation, the supplementation of the agenda, quorum and decision-making outside the meeting were clarified. It has become possible to attend meetings via an electronic telecommunication device that also allows the use of a camera, and cases where the Supervisory Board, on the recommendation of the chairperson or a member, wishes to adopt a resolution with a different content compared to the proposal of the proposer, or after the submitter submits the proposal, amends the resolution proposal has been regulated. In 2024, the Rules of Procedure of the Bank's Board of Directors were amended twice. Based on the expectations of MNB, the powers of the Board of Directors were supplemented with the following tasks: − supervises the Bank's fraud prevention and management activities, within the framework of which it approves the report of the Bank and Information Security Directorate on suspected fraud cases and trends that arose in the given period, and the measures taken in relation to these, and other major incidents related to the fraud prevention and management activities of the Bank and the MFB Group, − decides on the approval of the quarterly comprehensive risk management report, − decides on the termination of the given transaction in the case of own-funded risk assumption, and in the case of financial enterprises in connection with refinancing loan programmes, the refinancing framework agreement and the refinancing loan agreement, provided that the total exposure to the customer/customer group reaches HUF 10 billion. Additional modifications: − In view of practical experience, the provision on the written urgency procedure has been amended, based on which the Chairperson of the Board of Directors sends the proposal for a written vote to the members in writing – by letter, including electronic mail. Proposals affected by written voting are sent by the secretary to the members of the Board of Directors by registered letter, electronic mail or direct delivery. The decision shall be deemed to have been made if the majority of the members of the Board of Directors cast their votes within 3 (three) working days of the submission of the proposal, or in exceptional, justified cases, within a shorter deadline determined by the chairperson. • sent in a hardcopy private deed of full probative force to the Bank's headquarters or in scanned form by electronic mail to the secretary of the Board of Directors, or • sent in a document with an electronic signature via electronic mail to the secretary of the Board of Directors, provided that no member has requested a meeting to be convened during this period.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 24 − The new Articles of Association amended the powers of the Board of Directors, in view of which, based on the new rules, in the case of clients that do not qualify as financial institutions or insurance companies, the limit of the Board of Directors' authority for risk-assumption decisions increased from HUF 300 billion to HUF 400 billion. − In accordance with the requirements of Recommendation No. 10/2022. (VIII.2.) of the National Bank of Hungary on climate change and environmental risks and the integration of environmental sustainability aspects in the activities of credit institutions, the Board of Directors' powers have been extended by having it review and acknowledge the report prepared on the Bank's ESG activities at least every six months. In 2024, the Bank's Consumer Business Regulations were amended once, in the framework of which the Business Regulations were supplemented by the fact that − the Bank may not enter into a transaction with a client subject to private bankruptcy proceedings, − it is mandatory to provide the customer with a general information sheet containing data in accordance with the annex to the law, − the most important requirements resulting from the care reasonably expected of the customer have been listed, − the Bank has the right to request data from the customer within a specified scope, or to conduct an investigation in connection therewith, if it sees the return on the placed funds at risk, and if this fact is established, it is entitled to oblige the customer to supplement the collateral or to terminate the contract, − the Bank has the right to query personal data from certain public registers without the customer's consent in order to check the correctness and up-to-dateness of the data provided by the customer, and the Bank does not assume responsibility for the consequences of the client's failure to report changes in data, − in the case of a customer, a document signed electronically with the AVDH service and a document signed with a qualified electronic signature are also considered as written declarations and must also be accepted by the Bank, − it is mandatory to continuously provide the possibility of prepayment for consumers, − the customer may exercise their right of termination in the event that they do not accept the previously published amendment to the business regulations. VI.3. Capital expenditures in banking operations The Bank spent a total of HUF 1,881 million on capital projects during the year (capital expenditures capitalised). The main elements of the 2024 investments were as follows: Digitalisation • In order to monitor the cyber protection risk of the Bank's contractual partners, the Supplier Vulnerability monitoring service was introduced, which analyses the information security- related activities of service providers and the adequacy of their security level. • The EKEIDR document management system has reached the final phase of implementation – in order for the Bank to be able to complete the transition to the new system by the deadline stipulated in the government decree. • The development of the implementation of having conflict of interest declarations made via an electronic interface has started, which provides significant support for the tasks of Compliance. • In order to increase the operational efficiency of the information technology area – with the use of external expert services – the IT operational processes were assessed and the topics that needed consolidation were identified. • The assessment of IT and business processes and systems of DHK was carried out. Developments • In 2024, the Bank also provided special development capacity for the further development of the systems supporting the deployment of EU funds in the interest of the unimpeded placement of loan products of the programming periods.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 25 • Preparations for the introduction of the Unified Intermediary System have been completed. The development needs and the conditions for their implementation have been determined, based on which the development of the system can commence. • The establishment of a complete data management register within one system (IBM IGC) covering all data management activities – all its elements – was implemented. Infrastructure • The procurement of new equipment items (notebooks, monitors) was continued to ensure the replacement of obsolete equipment. • In order to integrate the Student Loan Centre (DHK), the consolidation of the Microsoft enterprise environment began with the support of external experts. • The parameters of the new network devices that ensure compliance with the information security and MNB audit regulations have been determined, and the procurement procedures for these devices have been initiated. Operations • In 2024, 12 vehicles were purchased to replace obsolete cars and to expand the number of employees entitled to use the vehicles. The graph below presents the capital expenditures in banking operations: In 2024 the Bank closed 29 public procurement procedures with contracts totalling net HUF 2.7 billion, while another 19 public procurement procedures worth an estimated net HUF 2.3 billion were carried over to 2025. VII. Effect on profit of impairment and provisions, operating loss events VII.1. Effect on profit of impairment/provisions The Bank recognised additional impairment and provisions in the amount of HUF 65.1 billion in 2024 to cover the risks in its business portfolio. The change in impairment/provisions – resulting from impairment reversals due to the improvements in the rating/classification of certain items and the repayment of loans – improved the Bank’s earnings by HUF 34.9 billion. Overall, the effect on profit of impairment/provisions was HUF 30.2 billion in 2024. 356 658 1036 1914 506 1073 1264 1881 0 500 1000 1500 2000 2500 Q1 Q1-2 Q1-3 Q1-4 HUF million 2023. act 2024. act

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 26 In the case of group-classified loan assets at the end of 2024, the Bank implemented the following methodological changes in relation to the ECL (Expected Credit Loss) models, which justify the significant increase in group impairment: • It is a supervisory requirement that the LGD multipliers also carry forward-looking information. On 30 September 2024, we also introduced a macroeconomic multiplier for LGD – measured on default data – with a value of 0.411. The best market practices use a multiplier factor based on return data – the Bank used the factor measured on Moody's return data as a basis. Its values can be expected in a range starting from a factor of 0.8, scattered around the value of 1. During the determination of year-end ECL, the Bank applied the introduction of a value of 0.8. The ECL effect of this is HUF 4.58 billion. • In the case of exposures to the state, the PD values in the AT1-AT4 rating categories in the Q3 2024 period settlements are 0%. The IFRS9 standard does not allow accounting for 0 impairment, therefore, an expert PD of 0.001% was introduced. This has a marginal impact on impairment. The above changes are already included in the 31 December 2024 version of the related internal policy. In addition to group-classified loans, significant impairment/provision was also recognised in the case of individual-classified loans following the individual evaluation of the loans. The graph below presents the change of the effect on profit of recognised/reversed impairment/provisions in 2024: VII.2. Coverage of transactions The coverage of transactions is presented broken down into loans and ownership interests. Adversely classified loans and coverage ratio The ratio of Stage 2 and Stage 3 loans (non-pass loans) covered by impairment was 12.6% at the end of 2024, while the impairment coverage ratio of Stage 3 loans was 78.6%. There was a slight shift from the previous year as the ratio of Stage 1 (pass) loans increased from 63.0% to 63.3% at year end, the percentage of Stage 2 loans increased from 32.7% to 34.5% while Stage 3 loans decreased from 4.3% to 2.1%. The graph below presents the changes in Stage 2 and Stage 3 loans and their impairment: -35 000 -30 000 -25 000 -20 000 -15 000 -10 000 -5 000 0 2024 Q1 2024 Q1-Q2 2021 Q1- Q3 2024 Q1-Q4 HUF million Értékvesztés, céltartalék változás eredményhatása Értékvesztés, céltartalék változás eredményhatása

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 27 The collateral coverage (collateral value / net book value) of Stage 3 (non-performing loans) was 72.0% at the end of 2024, with the indicator increasing by 2.4% compared to the end of 2023, due to the mid- year reallocation of Stage 3 loans. Coverage of adversely rated investments (equity interests) The value of the portfolio of equity interests rated below 30% remained 0 in 2024. In the case of six private capital funds established with contributions from private investors, the total provision for the capital contribution obligation at year-end was HUF 139 million. Operational loss events In 2024, the Bank incurred a gross operating-risk loss of HUF 52 million. Of this, the largest item of this was the MNB fine (HUF 28.5 million), HUF 22.6 million was related to the costs of enforcement, performance and process management (litigation costs, scrapping), with the remainder incurred due to damage to tangible assets and system error (HUF 0.9 million). VIII. Key ratios illustrating the operations of MFB Financial indicators ROA HUF million, % 2024 2023 Index 1. Profit/loss for the year 6,388 2,345 272.4% 2. Balance sheet total 3,792,378 3,541,338 107.1% 3.=1/2 Return on assets (ROA) 0.17% 0.07% 254.4% ROE HUF million, % 2024 2023 Index 1. Profit/loss for the year 6,388 2,345 272.4% 2. Shareholders’ equity 635,555 628,815 101.1% 3.=1/2 Return on equity (ROE) 1.0% 0.4% 269.6% 503 520 530 593 62 33 33 36 12,6 11,4 11,6 12,6 74,9 81,7 82,0 78,6 0,0 20,0 40,0 60,0 80,0 100,0 0 100 200 300 400 500 600 700 2024 Q1 2024 Q2 2024 Q3 2024 Q4 HUF million % Stage 3 loans Stage 2 loans Coverage of Stage 2 and Stage 3 loans with impairment Coverage of Stage 3 loans with impairment

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 28 At the end of 2024, both ROA and ROE ratios increased, mainly due to higher profit after tax than in the previous year. The Bank’s balance sheet total increased due to the expansion in activity, while its equity increased because of the profit of 2024. Cost/income ratio HUF million, % 2024 2023 Index 1. Total operating expense 10,535 10,262 102.7% 2. Total operating income 54,600 48,440 112.7% 3.=1/2 Cost/income ratio 19.3% 21.2% 91.1% Total operating expenses in 2024 increased slightly year-on-year, but the pace of growth lagged behind the annual rate of inflation. Within total operating income, the FV gain on fund units increased significantly, only partially offset by a lower interest income. This ratio improved slightly year-on-year. Leverage HUF million, % 2024 2023 Index 1. Balance sheet total 3,792,378 3,541,338 107.1% 2. Shareholders’ equity 635,555 628,815 101.1% 3.=1/2 Leverage indicator 6.0 5.6 106.0% Equity growth in 2024 lagged behind the rate of growth of the balance sheet total, resulting in a deterioration in the Bank’s leverage ratio compared to the previous year. Liquid assets ratio HUF million, % 2024 2023 Index 1. Cash, Central bank and interbank deposits, government securities 138,431 511,924 27.0% 2. Total assets 3,792,378 3,541,338 107.1% 3.=1/2 Liquid assets ratio 3.7% 14.5% 25.3% The expansion in activity in 2024 was partly financed by existing liquid assets, thus the value of the ratio decreased significantly compared to the end of the previous year. However, the amount of liquid assets will provide coverage for a further increase in activity or for dealing with an unforeseen liquidity emergency. The Bank keeps the portfolio of securities suitable for repo transactions permanently above the level of liquidity reserves required by the regulations. Activity indicator HUF million, % 2024 2023 Index Loan portfolio + Credit securities + Equity interests 3,356,011 2,789,489 120.3% Balance sheet total 3,792,378 3,541,338 107.1% Business portfolio ratio 88.5% 78.8% 112.3%

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 29 The Bank’s loan, corporate-bond and equity-interests portfolio increased significantly in 2024. The balance sheet total increased to a lesser extent, because part of the actual business disbursements was financed by interbank items on the assets side. Non-financial indicators Headcount management persons, % 2024 2023. Index 1. Total closing headcount 527 407 129.5% 2. Closing headcount (active) 511 393 130.0% 3. Average headcount (active) 460 391 117.6% In 2024, both the Bank’s closing and average headcount increased significantly due to the DHK integration and thus it was higher than in 2023. Announced MFB programmes and sub- programmes no., HUF billion, % 2024 2023 Index 1. MFB programmes (no.) 3 4 75% 2. Total programme funds (HUF billion) 161 109 147.7% At the end of 2024, the following three loan programmes funded by MFB Zrt. were available: ▪ MFB Széchenyi Microcredit Refinancing Programme 2.0 announced for refinancing the Széchenyi Microcredit MAX and MAX+ scheme of KAVOSZ Zrt. (announced budget: HUF 80 billion) ▪ The MFB Energy Efficiency Loan Programme for Businesses was announced on 29 December 2023; the effective date of the product documentation is 8 January 2024. (announced budget: EUR 100 million) ▪ The MFB PVRK Current Asset Loan Programme can be applied for from 19 November 2024 (announced budget: HUF 40 billion) In addition, on 11 December 2024, the Bank joined KAVOSZ Zrt. as a distributor for the Széchenyi Restart Investment Loan MAX+, Agri Széchenyi Restart Investment Loan MAX+ and Széchenyi Restart Liquidity Loan MAX+ schemes. Thus, together with these, businesses can apply for financing in six own-funded schemes. Announced EU and RRF-funded programmes no., HUF billion, % 2024 1. EU programmes (no.) 4 2. RRF programmes (no.) 2 3. Total EU programme funds (HUF billion) 336.5 4. Total RRF programme funds (HUF billion) 153.1 In the 2021-2027 EU cycle, MFB, as an organisation implementing the Holding Fund, is involved in the implementation of 4 different cohesion-funded operational programmes (GINOP Plusz, DIMOP Plusz, KEHOP Plusz, TOP Plusz) as well as financial instruments announced with RRF funds. To date, the loan programmes listed in the table below have been announced, based on the annual development frameworks (ADF).

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 30 IX. Risk management activities The Bank’s organisational unit that performs a risk control function is responsible for defining the Bank’s risk strategy, policies and methods, enforcing external and internal limits and controls, and ensuring and reviewing adequate execution both internally and through intermediaries. Accordingly, the Bank lays down risk governance principles and also performs a coordinative supervisory function among the companies where it holds an ownership interest or exercises shareholder rights. Notwithstanding the exemption from the internal capital adequacy assessment process provided for in Section 97 of Act CCXXXVII of 2013 on Credit Institutions and Financial Enterprises, as set out in Section 8(2) of the MFB Act, the Bank comprehensively reviews, in compliance with the principles set out in the Internal Capital Adequacy Assessment Process (ICAAP), the components of the Bank’s risk management framework (Enterprise Risk Management, hereinafter “ERM”) and the efficiency of their systemic operation. As part of the ERM the Bank has in place the lines of defence required by MNB. As a result of effective risk management activities, the Bank is able to identify, measure and manage its key risks, and thus achieve the business objectives set by its owner and support economic development, which is defined as its fundamental task. The entire risk management functionality is integrated into the Bank’s processes with the exception of the last phase of workout activities, which is performed by the group’s dedicated competence centre, a subsidiary specialised in this field (MKK Zrt.). Credit risk (risk of default) Credit risk, as a collective term, includes all risks of default, including customer risk, counterparty risk and investment risk if the shortfall of the result of an investment from the business plan causes the Bank a financial loss. The preparation process for exposures (risk-taking) is defined in the internal regulations on risk assumption, during which the Bank identifies the risks of the transactions and verifies the borrowers’ ability to repay the loan. In 2024, the Bank quantified the capital requirement for credit risk using the standardised approach in Pillar 1 in accordance with CRR Regulation, and in Pillar 2, as a small institution, followed a method based on the capital requirement set out in Pillar 1, and measures whether an additional capital requirement is required due to the type of risk not included in Pillar 1. The capital requirement for credit risk was HUF 333,206 million as at 31 December 2024. Operational risks The Bank’s framework for efficient operational risk management is based on adequate internal governance, which ensures that risk management policies, internal regulatory documents and systems remain sufficiently effective in the continually changing business and regulatory environment. The Bank meets the own funds requirement applicable to operational risks in accordance with the basic indicator approach, according to which the Bank’s operational risk capital requirement was HUF 9,162 million on 31 December 2024. The preparation process for exposures (risk-taking) is defined in the internal regulations on risk assumption, during which the Bank identifies the risks of the transactions and verifies the borrowers’ ability to repay the loan. Market risk, FX risk In the management of FX risks the Bank places the emphasis on the open position held at its own risk. The absolute value of the open position amounted to 1.37% of the own funds on 31 December 2024, and its net value also amounted to 1.37% of the own funds. The Bank uses stress tests to measure the losses expected in the event of an extreme shift in exchange rates. Because of the relatively small net open position, the outcomes of the stress tests also suggested a relatively small potential loss. HUF million 31.12.2024 31.12.2023 Absolute value of open FX position 8,667 31,592 Stress test (10% exchange rate shift) 867 3,159 Limit (5% of own funds)/25 bn. HUF 25,000 25,000

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 31 There are no risk exposures for trading purposes. The transactions entered into by Treasury are regarded as transactions for hedging, liquidity management or limit maintenance purposes. The VaR of the positions held on 31 December 2024 amounts to a mere 0.04% of the Bank’s own funds. Date VaR (HUF million) Value Limit 31.12.2024 285 6,160 31.12.2023 442 6,273 The capital requirement of FX risk was HUF 693 million on 31 December 2024. Residual risk Residual risk refers to the risk that the credit risk mitigation (CRM) procedures recognised in capital requirement calculations are not as efficient as stated. The customer must have collateral values reviewed by an independent appraiser approved by the Bank at the frequency specified in the relevant agreement. During its loan monitoring activities the Bank regularly inspects the collaterals behind transactions that involve an exposure; residual risks are managed as part of the monthly and quarterly rating/classification of outstanding loans, by recognising impairment and provisions to offset any decrease in coverage. Concentration risk Limit systems are the essential tools for managing concentration risks. The Bank manages concentration risks not only at bank level but also at the level of the MFB Group. The concept of large exposures to a single client or client group is governed by CRR Regulation, while the limits of such exposures applicable to the Bank are regulated in the MFB Act. The Bank applies a set of sector limits to sectoral risk groups in the same monetary position based on the aggregate financial data of industry sectors. By calculating a commonly accepted statistical measure of concentration – the Herfindahl-Hirschman Index (HHI), where on a scale of 0 to 10,000 a value below 1,000 indicates low concentration, a value in the 1,000-1,800 range means medium concentration and a value above 1,800 means high concentration – the Bank regularly checks whether the sectoral concentration of direct exposures remains within the standard limits. In 2024, the index typically moved in the average risk range. Country risk Prior to international financial transactions the Bank sets a country limit for all countries where the counterparty entity (or, in the case of foreign branches, the parent entity) is registered. The country limit is the aggregate of the political and economic risks that the Bank can take in respect of the given country (and the financial institutions registered there). Due to the non-material volumes, MFB had minimal country risk in 2024. Interest rate risk in the banking book The basic principle of the Bank’s interest rate risk management policy is that the Bank manages interest rate risks preventively; in other words, it tries to provide funding for its loan programmes and disbursements that is the best match in terms of reference rate, repricing period and maturity. As part of the management of interest rate risks the Bank enters into hedging deals if necessary. Interest rate risk positions are quantified by currency using the basis point value (BPV) method as well as by assessing the impact on short-term profitability (scenario analysis). The interest rate risk exposure of USD can be said to be marginal. HUF million 31.12.2024 1 bp 1% HUF - 83.22 -8,322 EUR - 75.72 -7,572 Total -158.94 -15,894

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 32 The Bank employs stress tests (mild and strong stress) to evaluate the potential impact of exceptional (extreme) but possible events; thanks to the repricing match, these tests indicate a low-risk exposure. Date (End of the year) Mild stress test Strong stress test HUF + 1 % EUR + 0.25% Total Limit HUF + 3 % EUR + 1% Total Limit 2024 -2,727 -375 -3,102 -18,480 -8,180 -1,501 - 9,681 -49,280 2023 -2,493 +550 -1,943 -18,818 -7,479 +2,200 - 5,279 -50,181 Liquidity risk The purpose of the liquidity reserve policy is to ensure that sufficient liquid assets are available to the Bank to cover unexpected cash outflows at any time. The Bank is prepared in every regard to handle extraordinary liquidity situations adequately and safely and has a recovery plan. Under Section 8(2) of the MFB Act, the provisions of Articles 411-428 of CRR Regulation do not have to be applied to MFB. The Bank, however, calculates the Liquidity Coverage Ratio (LCR) and the Net Stable Funding Ratio (NSFR), and compliance with the ratios is considered a priority in liquidity management. In addition to the above, the Bank also uses structural GAP limits (which are set for maturity bands) in liquidity management and also conducts 90-day survival analyses according to normal and stress scenarios. Counterparty risk To quantify the capital requirement of counterparty risk the Bank employs the original exposure method defined in Article 282 of the CRR. When the original exposure method is employed, the potential exposure of an individual transaction is the notional value of the transaction multiplied by: • the product of the time-to-maturity of the transaction, expressed in years, and 0.5% in the case of interest rate derivatives; • 4% in the case of FX derivatives; Under Section 8(2) of the MFB Act, the provisions of Articles 411-428 of CRR Regulation do not have to be applied to MFB. The Bank, however, calculates LCR and the NSFR, and compliance with the ratios is considered a priority in liquidity management. The Bank uses the standardised method described in Article 384 of the CRR to calculate the own funds requirement of the credit valuation adjustment (hereinafter “CVA”) risk related to counterparty risk. Under the bilateral agreements concluded with its counterparties the Bank exercises its right to add collaterals accepted for risk mitigation and revaluates them regularly. The capital requirement of the CVA was HUF 1,706 million on 31 December 2024 (HUF 2,642 million in 2023). Strategic risks The Bank manages strategic risks – which arise from changes in the business environment, making incorrect business decisions, adopting a high-risk business model or ignoring the changes in the business environment – by drawing up a medium-term comprehensive business strategy for 2021-2030 and reviewing and updating its risk management strategy and policy annually. The viable, safe and sustainable implementation of the business strategy is supported by functional sub-strategies. In its risk strategy MFB consciously moves toward risks that are larger but can be assumed prudently; at the same time, the increase in risk appetite and risk tolerance is balanced out by increasingly advanced risk management methods, improvements in risk-taking and risk mitigation techniques and continuous risk monitoring. Risk arising from the economic environment

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 33 The Bank assesses the risks arising from changes in the economic environment by developing credit risk stress scenarios and analysing their potential impact on capital position and profits. In its 2024 analysis, the Bank covered all possible stress scenarios. Risk arising from the regulatory environment The Bank adapts to the risks arising from changes in legislation. It informs its shareholder in a timely manner about the expected effects of the planned changes on the Bank and manages the related risks during capital planning. X. Audit In 2024, the Internal Audit Directorate (IAD) closed and issued 23 reports, of which 21 were planned audits and 2 unplanned audits – demonstrating the follow-up of the action plan related to the 2023 MNB Comprehensive Audit. 7 of the planned audits had been initiated as early as in 2023, based on the previous year’s plan. 14 of the 22 audits scheduled in the 2024 plan were completed. The review process of 1 audit (audit of outsourcing activities) has been completed, 2 audit reports are under review, 5 audits are in progress, their conclusion will most likely take place in Q1 2025. The use of time for the various tasks was significantly changed due to the two-week tasks of assessing the related findings of the Supervisory Comprehensive Audit and requesting missing or incomplete data, meaning that the time spent on the audit activity was less than scheduled. In the follow-up phase of the findings of the MNB Comprehensive Audit, the banking departments spent more time on completing the ongoing tasks as soon as possible, supplementing, updating and revising the regulations, as well as on the status of the action plan and the fulfilment of tasks related to missing or incomplete data, therefore the tasks related to follow-up and opinion provision at Internal Audit also increased, as did the time spent on internal/specialist consultations. In 2024, the IAD provided support as a consultant to the specialised areas within the framework of the Lending process optimisation, ESG criteria integration, Portfolio system testing, ISO certification preparation, and the IT security audit of Gránit Bank as agent. The IAD reported continuously and in detail to the Supervisory Board (SB) about the results and experiences of the audits. BEI provided a quarterly summary to the Supervisory Board on the management and follow-up of audit-related tasks. The revision of the Group-level Guidelines and the Manual for internal control took place in the second half of 2024, opinions were given within the Bank, and the necessary Supervisory Board (FB) and Board of Directors (IG) approvals took place, so the regulations came into force. During 2024, the BEI supported the development of the Bank’s internal regulatory environment and the development of new products by issuing opinions on 165 regulations. Also, the BEI issued preliminary opinions (63) on all of the Supervisory Board and Audit Committee proposals. XI. Compliance In accordance with international and Hungarian regulations and recommendations, the Bank operates a separate organisational unit (Compliance Directorate) to identify and manage compliance risks; the Directorate performs its tasks based on the compliance risk management methodology, the compliance bylaws and the compliance work plan. Each year the Compliance Directorate prepares a comprehensive report for the Board of Directors and the Supervisory Board on the Bank’s compliance activities and position, which includes the identification of compliance risks, an assessment and analysis of their impact, details of the required action plans, and an account of the monitoring of the results of these actions.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 34 In addition to general compliance responsibilities (e.g. preventing money laundering and terrorist financing, preventing market abuses, ensuring compliance with conflict of interest rules, monitoring changes in legislation), the Compliance Directorate also performs other operational tasks to ensure adherence to ethical standards and rules of conduct, the objectives of which include ensuring the fair treatment of customers and integrity, a general prohibition on corruption and gifts, compliance with the key requirements pertaining to ethics, conduct and behaviour during work. Operating compliance processes contributes to prudent operations, the reduction of reputation risks and the strengthening of corporate culture. The Compliance Directorate discharged its regulatory, operational, training, consulting, risk assessment and control tasks set out in its 2024 Work and Audit Plan, in particular in the areas of anti-money laundering and sanctions compliance, internal credit monitoring, complaints management and conflict- of-interest compliance. In 2024, the determination of the business specifications necessary for the development of the HYDRA system supporting the implementation of customer due diligence measures in the field of anti-money laundering, the testing and roll-out of the developments, the operation of monitoring processes related to money laundering and terrorist financing (AML Act) and execution of planned audits continued to be priorities. Within the framework of the legislative amendment monitoring activity, the supervisory regulatory tools (MNB recommendations, management circulars) that are relevant from the point of view of MFB compliance were identified, and in this context, a monitoring module supporting the tracking of legislative amendments was also procured. The relevant banking departments were also informed about the legal and regulatory requirements, and the tasks necessary for compliance were defined. In the area of conflicts of interest, several audits were carried out covering the general banking network and the network of intermediaries involved in the allocation of EU funds. In 2024, the independence audits carried out in the case of EU-settled procurements represented a significant proportion as well. In the field of conflict-of-interest audits, the support of the Internal Audit and Integrity Directorate's quarterly conflicts of interest audits continued, during which the Compliance Directorate ensured continuous contact and data reporting. In addition to this, a separate IT system called the ENYI system was developed to manage the EU's general conflict of interest and interest declarations. In 2024, the tasks set out in MNB's comprehensive audit and assigned to Compliance were implemented, within the framework of which, among other things, the internal regulation concerning outsourced activities pursuant to the Credit Institutions Act was revised, and the Person Responsible for Outsourcing was appointed in the person of the head of compliance. In the framework of the Compliance Directorate's project aimed at obtaining the ISO 37001 anti- corruption certificate, banking processes were assessed and deficiencies to be corrected were identified. Compliance was actively involved in the tasks of the working group concerning the transformation of the student loan system, and with the entry into force of the service contract on 12 June 2024, the scope of tasks of the Compliance Directorate was expanded to include activities related to student loan processes. In relation to data protection compliance, the Compliance Directorate continued to support the work of the Data Protection Officer, who, in addition to the tasks assumed in the 2023 work plan, also performed their consultant, reviewer and other expert tasks. Furthermore, the Compliance Directorate actively participated in the activities related to the 2021-2027 programming period, in the development of processes, in the formulation of development needs, and in the preparation of the draft ARACNE methodological guide.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 35 XII. Marketing activities The most important communication and marketing tasks for MFB in 2024 were the support of products with European Union funding and the presentation of the MFB Point Plus network. The priorities of the Marketing and Communication Directorate included the effective support of the bank's business goals and the communication of the goals and key messages of the economic policy. The focus of the operation of the specialist area was the effective and clear communication of EU and domestic-funded programmes that reach the widest possible circle of enterprises. The performance of communication tasks related to the closing of the 2014-2020 European Union funding cycle was also successful. In 2024, the topic of sustainability continued to play a prominent role, and it was increasingly integrated deeply into both the Bank's external and internal communication. The intermediary network established for the 2021-2027 financial cycle, MFB Point Plus, has started functioning in order, which significantly helped the introduction of financial products through its retail and corporate branches. The related marketing and PR activities also contributed to the implementation of placements. In 2024, the Bank's presence on domestic news portals and professional forums remained stable. The number of media appearances was similar to the 2023 data. During 2024, MFB’s Marketing and Communications Directorate produced and published 32 podcasts, and through its content-centric partnership with the television programme Magellan, it placed important material on commercial television platforms and generated and published a number of articles and other content supporting businesses on the website Összetartók.hu (‘We Stick Together’). In 2024, MFB Podcast series was expanded with two product support discussions and an ESG conference presentation. During the year, MFB was represented through its featured speakers at several national conferences and made its mark in areas where it has an indispensable and key role to play in economic development. The related press coverage has invariably been positive or objective in its assessment of MFB’s achievements. In 2024, together with the Hungarian Project Management Association, the Bank once again held its ESG-themed conference, which was intended to display its commitment to sustainability and ESG efforts and which further increased the recognition of MFB's sustainability efforts. Environmental policy, environmental protection measures This chapter describes the direct environmental impacts of the Bank's operations and the activities undertaken by the Bank to promote sustainability. MFB is committed to managing environmental risks and exploiting environmental opportunities in its financial services activities. Its core commitments in this respect are set out in the ESG sub-strategy of the business strategy. Emissions from the Bank’s own operations and reducing these MFB Zrt. does not engage in any environmentally damaging activities, and our main environmental impacts in relation to our own operations are related to energy use, greenhouse gas emissions and waste management. To mitigate these impacts, our Green Office certification was renewed in 2024. The Bank has a vested interest in maintaining this certification on an ongoing basis and gradually reducing its energy use and carbon footprint where possible. The Bank intends to renew the Green Office certification every two years and the completion of the action plans to obtain the certification are presented to the Bank's management every six months as part of overall ESG reporting. Under the Green Office Action Programme, MFB is preparing a plan to further reduce its ecological footprint. The objective of the Bank is to reduce the carbon footprint of its operations. As part of the programme, the Bank's 2024 carbon footprint has been quantified in Scope 1 (direct emissions) and Scope 2 (purchased energy) categories, and the quantification of certain categories of indirect emissions in Scope 3 (purchased materials and services) has been carried out in accordance with international standards. These CO 2 emissions data are the basis for the development of our future operational improvement plans to reduce our own emissions. In addition to the above, the Bank is focusing on digital solutions for its

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 36 own operations, optimising energy use and waste management, and reducing negative environmental impacts. Taking into account MNB’s Green Recommendation, MFB will be developing a carbon neutrality plan in 2026 in line with climate change and environmental sustainability objectives. In 2024, the Bank continued to provide ESG-focused training for senior management and sustainability- relevant training opportunities for employees (e.g. training programmes on current sustainability topics were developed for employees in the framework of MFB Academy, ESG aspects were integrated into the e-learning exam system, the Bank's Green Office programme was integrated into the e-learning exam system, etc.). In addition, ESG topics are published and continuously updated in a dedicated section of the Bank’s intranet platform (Green Zone) to help effectively develop an ESG mindset among Bank staff. Bank-wide compliance with the MNB Green Recommendation According to its action plan, the Bank continued to implement the tasks set out in Recommendation No. 10/2022 (VIII.2) of the National Bank of Hungary on “climate-related and environmental risks and the integration of environmental sustainability considerations into the activities of credit institutions” (hereinafter: Green Recommendation), involving the relevant areas, in accordance with the action plan undertaken. The aim is to integrate sustainability-related banking activities into the operations and processes of existing organisations in the medium term. The Bank is committed to be at the forefront of promoting good practices and attitudes towards sustainability, and to support sustainable transition by reviewing past lending and investment practices from a sustainability perspective, by developing and recommending various "green & social" loans, investments and other financial products linked to environmentally relevant objectives. In 2024, the integration of ESG risks into the overall bank lending process was completed, and the Bank introduced an ESG questionnaire for customers, which allows the assessment of customers' environmental practices and their consideration in the credit assessment. Key performance indicators (KPIs) were also developed in the second half of 2024, in line with regulatory requirements. In the process of preparing the Consolidated Sustainability Report presented in a separate section of the Consolidated Management report, MFB Group has performed a double materiality assessment in accordance with the CSRD/ESRS requirements. The following environmental topics were identified and are explained in detail in the presentation of the respective topics: 1. Climate change mitigation 2. Climate change adaptation 3. Energy Sustainable Finance Framework In 2023, the Bank published its Sustainable Finance Framework, which provides a unified framework for managing the Bank’s sustainability-related green and socially focused lending targets for its placements, including both the eligibility categories and exclusions for these targets. Furthermore, it also provides guidance on the assessment and selection of eligible projects, the rules for the use of funding and the content of the annual public reporting on disbursements made in accordance with the conditions of the Framework. The Framework also has an external (second party) expert verification (SPO Second-Party Opinion) from Morningstar Sustainalytics on its compliance with standards and market practices. In 2024, a preliminary allocation report was prepared for the purpose of preparing future sustainable (green, social) fundraising planned by MFB Zrt. under the Framework for the purpose of verifying and certifying the stock selected in accordance with the eligibility categories of the Framework. The preliminary allocation report of the Framework was audited by an independent external auditor. The first allocations for green and social purposes were made in the first half of 2024.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 37 Responsible employer In its human resource policy the Bank is committed to condemning any form of discrimination – based on sex, age, religion, race, political or trade union affiliation, language of other differences – and respecting the rights of the disabled. MFB directly supports the development of communities, the promotion of financial literacy and the creation of opportunities. Respect for human rights is an important consideration with regard to both business partners and employees, and the Bank places great emphasis on this issue in its regulations, the organisation of its operations, its communication, and its complaint handling processes. The Bank does not have a separate diversity policy applicable to the managing and supervisory bodies, as it is partly defined in the Code of Conduct and Ethics. For MFB, responsible employer behaviour is not just an ethical obligation but also a competitive advantage in the labour market. In its human resources policy, the Bank is committed to supporting employee retention, cooperation, community building, training and development, physical and mental well-being, as well as a family-friendly corporate culture, and has therefore contributed to strengthening its role as a responsible employer in 2024 through actions related to these priority focus areas. In 2024, the Bank also paid special attention to the preservation of the health of its employees and the support of their physical well-being. In this context – in order to reduce musculoskeletal damage caused by sedentary work – it not only continued but also expanded its group exercise classes with Pilates sessions, which are available at a reduced cost within the bank. In the area of community building, it has supported team-building events and group recreational activities (e.g. bank trips), as well as community participation in sporting events and charity activities. The first place won in the Fittest Workplace 2024 movement challenge programme between companies also demonstrated the popularity and importance of community programmes within the bank. MFB realised that it is increasingly challenging to maintain the mental health of its employees and to maintain a good work-life balance. To support this, in 2024 it has continued to focus on employee wellbeing and has expanded its range of employee wellbeing support services by introducing bank-paid psychological counselling, in addition to its many existing benefits. In 2024, we continued to focus on leadership development in training and development and also provided a wide range of opportunities for the individual development of our employees. We are committed to maintaining and developing the knowledge and skills of our staff through professional and skills development training. We also continued our language training programme with a high number of participants. In order to strengthen employee retention and the feedback and support provision role of managers, a so-called management feedback opportunity system was developed and implemented in 2024. Environmental sustainability also played a prominent role in 2024, as supporting environmentally conscious operations is an essential part of responsible employer behaviour. This year, the Bank again obtained Green Office certification, which was extended not only to its main building, but also to its two additional rental properties. In 2024, MFB also renewed the Family Friendly Workplace label, with which the issuer of the label acknowledged the Bank's long-term commitment to a family-friendly corporate culture. The measures implemented by the Bank in 2024 further strengthened employee commitment and the creation of a supportive and cohesive community in order for MFB's operation to meet not only the challenges of the present but also those of the future, while creating value not only for its employees, but also for its customers and the broader environment. Social responsibility Throughout the year, MFB placed a strong emphasis on communicating its achievements in the area of corporate social responsibility, with notable results in reaching out to target groups relevant to the Bank, displaying the values of MFB as a state-owned development institution and its corporate social responsibility. Cooperation with the St Martin’s Children’s Rescue Service Foundation continued, as a result of which a useful, life-saving mobile application was developed and introduced for emergencies. In 2024, the Bank continued to remain a patron of the "Hungarian Science" category of the Junior Prima award, recognising the professional activities of ten more young scientists for the 18th time.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 38 Other information Presentation of sites and branches: MFB does not have any sites outside its registered office. MFB has no key intangible assets that are fundamental to its business model. XIII. Audits by external organisations State Audit Office (SAO) The State Audit Office concluded two audits at the Bank in connection with the business organisations managed by the Group Management Department in 2024. The Bank complied with the finding requiring action in the report on the audit of activities related to the exercise of ownership rights over state property by the deadline, i.e. on 1 July 2024, publishing its budget reports for the last 10 years on its website. The State Audit Office, in its report on the targeted audit of the bonus determinations for the top managers of the subsidiaries of majority state-owned economic companies, asked the Chairman-CEO of MFB Zrt. to take measures to ensure that in the future, the performance requirements for bonus payments to the top manager of the subsidiary are set in line with the provisions of the Remuneration Policy, with the incentive effect attached to the objectives. MNB The Bank received MNB’s Comprehensive Audit Report for 2023 and the decision closing the audit on 11 March 2024. In the decision, MNB called on the Company to pay a fine of HUF 28.5 million, which was paid on 18 March 2024. In the course of its audit, the Supervisory Authority did not identify any serious irregularities that would have required it to take immediate measures. The fulfilment of the tasks prescribed by MNB is ongoing, and to date the Bank has fulfilled the tasks specified in the action plan in accordance with the specified deadlines. MNB carried out a target audit in relation to the refinancing activities of financial enterprises and the RW weighting of exposures in the form of investment units in alternative investment funds. The period covered by the audit lasts from 31 December 2022 until the date of the decision closing the audit, the date audited being 31 March 2024. MNB sent its draft report for commenting on 22 October 2024. The Bank sent its comments together with the supporting documents to the Supervisory Authority on 20 November 2024. The final report (Decision) is expected in the first quarter. EUROPEAN COURT OF AUDITORS On 16 October 2024, the Directorate General Responsible for the Implementation of Economic Development Programmes of the National Development Centre (Governing Authority) informed MFB Zrt. that the European Court of Auditors was launching an audit into • the measures relating to the reuse of GOP and KMOP Széchenyi Alapok Zrt. funds after the 2007-2013 programming period and the monitoring of these measures, • the 2014-2020 programming period: namely the reuse measures related to EDIOP-8 and EFOP financial instruments during the programming period, as well as measures for their reuse after the programming period and their follow-up, • the 2021-2027 programming period: namely GINOP PLUSZ, Priority 1: Enterprise development and Priority 2: planned reuse measures related to Research, Development and Innovation financial instruments announced during the programming period, as well as measures for their reuse after the programming period and their follow-up. The title of the audit is: 'Performance audit no. 24CH2003 on the renewable nature of cohesion financial instruments'. The audit started with the completion of the audit questionnaire, and the personal interviews were completed on 20 November 2024 on issues concerning MFB Zrt. We are waiting for a draft report. On 15 October 2024, the Directorate General Responsible for the Implementation of Economic Development Programmes of the National Development Centre (Governing Authority) informed MFB Zrt. that the European Court of Auditors was launching an audit into the EDIOP financial

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 39 instruments programmes entitled ’Audit work for the ECA’s 2024 statement of assurance 2014-2020 programme period– Financial instruments Operational programme 2014HU16M0OP001 (EDIOP)’ under reference number CL-74208. The audit examines a sample of 20 items covering investments placed in the 2022-2023 accounting year, as well as management fees. The ECA will send the Hungarian-language audit launching document and the sample to the Member State at a later stage, at which time the audit will start. INTEGRITY AUTHORITY On 2 August 2024, the Directorate General Responsible for the Implementation of Economic Development Programmes of the National Development Centre (Governing Authority) informed MFB Zrt. that the Integrity Authority had launched a systemic audit on 26 October 2023 (by means of its letter filed under no. VIZSG/28/3/2023) to audit the practice of beneficiary replacement in the EDIOP programme. The sample includes two combined loan transactions managed by MFB Zrt. in addition to the projects with non-reimbursable aid. The documents as per the data request were sent to the Governing Authority within the deadline. Audit in progress. DIRECTORATE-GENERAL FOR AUDITING EUROPEAN GRANTS (EUTAF) On March 13, 2024, the EUTAF Social Programs Control Board notified MFB Zrt. that the XLIV of 2022. on the basis of Article 6 (2) of the Act (hereinafter: EUTAF Act), EFOP-5.0.1-17-2018-00001, entitled "Support of economically viable projects not financed from market sources, or insufficiently financed, by means of a financial instrument within the framework of EFOP priority 5" control. The audit report was received by MFB Zrt. on 5 November 2024, and the action specified therein was taken. On 15 February 2024, the EUTAF Directorate for Controlling Regional Programmes notified MFB Zrt. that – pursuant to Section 16/A of Government Decree No. 272/2014. (XI. 5.) – it has started the audit of the project containing the financial instrument VEKOP-1.2.3-16-2017-00001 "Loan programme to improve the competitiveness of micro, small and medium-sized enterprises in Pest County". The documents as per the data request were sent to the Audit Authority within the deadline. Audit in progress, we are waiting for a draft report. On 3 August 2024, the EUTAF Directorate for Controlling Economic Development Grants notified MFB Zrt. that – pursuant to Section 3(1) of EUTAF Act – it has started the sample audit of the costs recognised under EDIOP Priority 8 for the accounting year 2023/2024, in line with Article 127 of Regulation (EU) No 1303/2013 10 . The documents as per the data request, as well as the documents specified in the request to provide missing or incomplete data/documents were sent to the Audit Authority within the deadline. Audit in progress. On 2 December 2024, the EUTAF Directorate for Controlling Economic Development Grants notified MFB Zrt. that – pursuant to Section 3(1) of EUTAF Act – it has started the system audit of the implementation of the GINOP_PLUSZ programme, the implementation of the financial instruments of the 2021-2027 funding period pursuant to Article 77(1) of Regulation (EU) No.2021/1060/EU 11 . Governing Authorities (GA): On 18 September 2024, the Directorate General Responsible for the Implementation of Economic Development Programmes of the National Development Centre (Governing Authority) started the audit of the compliance of the costs incurred during the 2024 Q2 period at MFB Zrt. during the implementation of the GINOP Plusz program with the arm’s length price requirement. The Governing 10 Regulation (EU) No 1303/2013 of the European Parliament and of the Council of 17 December 2013 laying down common provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund, the European Agricultural Fund for Rural Development and the European Maritime and Fisheries Fund, laying down general provisions on the European Regional Development Fund, the European Social Fund and the Cohesion Fund and the European Maritime and Fisheries Fund and repealing Council Regulation (EC) No 1083/2006. 11 Regulation (EU) 2021/1060 of the European Parliament and of the Council of 24 June 2021 laying down common provisions on the European Regional Development Fund, the European Social Fund Plus, the Cohesion Fund, the Just Transition Fund and the European Maritime, Fisheries and Aquaculture Fund and laying down financial rules for those funds and for the Asylum, Migration and Integration Fund, the Internal Security Fund and the instrument for financial support for border management and visa.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 40 Authority merged the investigations of the AAVSZ costs incurred in Q1 and Q2 and closed the two investigations together. The final report was received by MFB Zrt. on 13 December 2024. Concluded audit. On 12 November 2024, the Directorate General Responsible for the Implementation of Economic Development Programmes of the National Development Centre (Governing Authority) started the audit of the compliance of the costs incurred during the 2024 Q3 period at MFB Zrt. during the implementation of the GINOP Plusz program with the arm’s length price requirement. The documents as per the data request were sent to the Governing Authority on 2 December 2024 and the documents under the request to provide missing details/documents on 8 January 2025. Audit in progress. On the basis of previous external official audits concerning the implementation of financial instruments, the measures set out in the reports regarding MFB Zrt., as the Fund of Funds implementing entity and organisation implementing the Holding Fund, were carried out continuously and within the deadline. The Bank pays particular attention to ongoing system, thematic and sample audits, and complies with external requests for data and documentation from the authorities within the required timeframes. The Bank prepared the reports for the audit authority by the deadline prescribed by law, reporting all actions completed. XIV. The 2025 business policy concept of MFB The activities of MFB Zrt. as a development bank will continue to complement the operations of the Hungarian banking sector in the future through the Bank’s involvement in financing transactions that would not take place on a market basis but that are desirable for the national economy. The core mission of MFB Zrt. is to support domestic economic development, address market failures and provide market players with financing under favourable terms and conditions that enable investments and development projects. The activities of MFB Zrt. as a development bank will continue to complement the operations of the Hungarian banking sector in 2025 through the Bank’s involvement in financing transactions that would not take place on a market basis but that are desirable for the national economy. Based on the representative MFB-INDIKÁTOR questionnaire survey conducted among businesses in autumn 2024, the Hungarian economy has an unmet lending gap of around HUF 530 billion (including investment loans, working capital loans and overdraft facilities), which offers reasonable returns. The size of the gap measured in the investment credit market, which is a priority area for monitoring, is estimated at HUF 410 billion, the gradual filling of which is a justifiable task, in line with EU principles as well. MFB Zrt. sees 2025 as the year of financial stability and maintained activity, and its goal is to maintain the financing of the economy by providing the necessary funding, ensuring a stable background for businesses. The most important objectives for 2025: • Economic development: the aim is to support the relaunch of economic growth, provide funding to address economic imbalances/deficiencies and take over part of the credit and capital risks from the market. • EU funds management: To complete and accelerate EU disbursements, with a total of nearly HUF 90 billion in new disbursements under the RRF and the 2021-27 programming cycle • MFB-funded business activity: To continue to expand MFB-funded placements in 2025 a total of HUF 986 billion in new disbursements, of which HUF 352 billion in new loan placements, HUF 102 billion in new guarantees provided and HUF 532 billion in new capital injections. • Stable banking operations: To ensure the stability of the outstanding stock following the significant new commitments of over HUF 5,000 billion in the previous years.

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 41 • DHK integration, phase II: Continuation of expert work within the framework of the transformation of the operation of the student and training loan system, implementation of the second phase following the government decision. • Creating sustainable profitability: Implement measures to achieve medium-term profitability (increasing the stock of interest-bearing assets, thus strengthening the retention of market status, sustainability, green transition). • The goal is to maintain the stability of the Hungarian economy in the face of global financial and economic difficulties, to facilitate the financing of businesses, and to ensure the continued availability of loan, guarantee and capital financing. Nevertheless, in 2025 the Bank must continue to allow for financial and business risks which may affect the fulfilment of the plan, including prolonged war, financial market volatility, resource scarcity, the performance of the subsidiary portfolio, the timely implementation of capital fund placements, and the challenges of channel and product renewal. Managing these risks will remain a key task in the future. XV. Events after the balance sheet date All adjusting events after the balance sheet date have been considered in the preparation of the Bank's financial statements. There have been no material events that occurred after the balance sheet date that would impact the financial statements of the Bank. Budapest, 8 April 2025 Bence Gergely Katona Chairman and CEO Dániel Csányi Managing Director

MFB Hungarian Development Bank Private Limited Company – 2024 Management Report 42 Annex 1 In the management report, the balance sheet and profit and loss statement are presented from the perspective of business controlling, and the comparison with the accounting balance sheet is contained in Annex 1 below. Within other financial receivables, the net balance of margin deposit accounts can be seen under Cash, Central Bank interbank deposits, while the balance of Trade customers is under other assets. (million HUF) ASSETS 31.12.2024 Cash, Central bank and inte rbank Dect securities Loans Cash, cash balances at central banks and other demand deposits 70,053 70,053 ,0 ,0 ,0 ,0 Financial assets held for trading 24,136 ,0 ,0 ,0 ,0 24,136 Non-trading financial assets mandatorily at fair value through profit or loss 777,444 ,0 ,0 ,0 ,0 ,0 Debt securities 748,246 ,0 ,0 ,0 748,246 ,0 Loans 29,198 ,0 ,0 29,198 ,0 ,0 Loans to customers 1,404 ,0 ,0 1,404 ,0 ,0 Loans to banks 27,794 ,0 ,0 27,794 ,0 ,0 Financial assets at fair value through other comprehensive income 27,976 ,0 ,0 ,0 ,0 ,0 Equity instruments 611 0 0 0 611 ,0 Financial assets at amortized cost 2,056,766 ,0 ,0 ,0 ,0 ,0 Loans 1,600,324 ,, ,, 1,600,324 ,, ,, Loans to customers 1,416,695 ,, ,, 1,416,695 ,, ,, Loans to banks 183,629 ,0 ,0 183,629 ,0 ,0 170 0 0 0 0 0 0 0 0 878 Deposits at central and other banks 20,028 20,028 ,0 ,0 ,0 ,0 Derivatives – Hedge accounting 7,810 ,0 ,0 ,0 ,0 7,810 Fair value changes of the hedged items in portfolio hedge of interest rate risk 12,580 ,0 ,0 ,0 ,0 12,580 Investments in subsidiaries and associates 580,160 ,0 ,0 ,0 580,160 ,0 Property, plant and equipment 4,551 ,0 ,0 ,0 ,0 4,551 Intangible assets 6,888 ,0 ,0 ,0 ,0 6,888 Tax assets 299 0 0 0 0 299 Other assets 33,595 ,0 ,0 ,0 ,0 33,595 Receivables from the state due to currency-hedging agreement 190,120 ,0 ,0 ,0 ,0 190,120 TOTAL ASSETS 3,792,378 The sum of the balance sheet lines of a business report 90,251 462,731 1,629,522 1,329,017 280,857 ,0 ,0 435,366 ,0 ,0 ,0 Total assets Interest-bearing assets Non-interest be aring assets Investments (Share s ) Other assets Debt securities Debt securities Other financial assets 27,365 435,366 1,048 ,0 27,365 ,0 ,0 (million HUF) LIABILITIES 31.12.2024 Short-term funds Long-term funds Financial liabilities held for trading 685 0 0 685 0 Financial liabilities measured at amortized cost 2,999,397 98,992 2,900,405 ,0 ,0 Derivatives – Hedge accounting 22,552 ,0 ,0 22,552 ,0 Provisions 13,469 ,0 ,0 13,469 ,0 Tax liabilities 67 0 0 67 0 Other liabilities 120,653 ,0 ,0 120,653 ,0 TOTAL LIABILITIES 3,156,823 ,0 ,0 ,0 ,0 TOTAL EQUITY 635,555 ,0 ,0 ,0 635,555 TOTAL EQUITY AND LIABILITIES 3,792,378 The sum of the balance sheet lines of a business report 98,992 2,900,405 157,426 635,555 Total liabilities External funds Other liabilitie s Share holde rs ' equity

(million HUF) INCOME STATEMENT 31.12.2024 Net interest income Dividend income Net commission and fee income Fair value gain/loss on VC fund units Personal expenses Other administrative costs Depreciation Expense reimburse ment SLA Interest income 198,999 198,999 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 (Interest expenses) (197,851) (197,851) ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 Dividend income 8,392 0 8,392 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 Fee and commission income 6,430 ,0 ,0 6,430 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 Fee and commission expenses (1,052) ,0 ,0 (1,052) ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 Gains or (-) losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net 372 0 0 0 0 0 0 0 0 0 0 372 ,0 Gains or (-) losses on financial assets and liabilities held for trading, net 27,947 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 27,947 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 (174) ,0 ,0 ,0 ,0 39,682 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 Gains or (-) losses from hedge accounting, net (2,677) ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 (2,677) ,0 Exchange differences [gain or (-) loss], net (23,763) ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 (23,763) ,0 (4) ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 (4) ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 5,149 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 7,738 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 809 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 (13,695) ,0 TOTAL OPERATING INCOME, NET 56,302 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 Administrative expenses (17,651) ,0 ,0 ,0 ,0 (11,813) (5,838) ,0 ,0 ,0 ,0 ,0 ,0 Depreciation (1,431) ,0 ,0 ,0 ,0 ,0 ,0 (1,431) ,0 ,0 ,0 ,0 ,0 Contract modification loss, net (271) ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 (271) ,0 Impairment (-) or reversal of impairment of financial instruments (24,142) ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 (24,142) ,0 ,0 Impairment (-) or reversal of impairment of investments in subsidiaries and associates (6,027) ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 (6,027) ,0 ,0 Impairment (-) or reversal of impairment of non- financial instruments 0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 PROFIT OR (-) LOSS FROM CONTINUING ACTIVITIES BEFORE TAX 6,780 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 Tax expense related to profit or loss (,392) ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 ,0 (392) ,0 PROFIT OR (-) LOSS FROM CONTINUING ACTIVITIES AFTER TAX 6,388 The sum of the result of a business report 1,148 8,392 5,378 39,682 (11,813) (5,838) (1,431) 7,738 809 (30,169) (7,508) 6,388 39,508 13,696 (13,695) Gains or (-) losses on non-trading financial assets mandatorily at fair value through profit or loss, net Gains or (-) losses on derecognition of non-financial assets, net Other operating revenue and income Other operating expenses Profit / loss for the year Income from banking operations Expenses of banking operations Total operating income Total operating expenses Effect on profit of changes in impairment and provisions Other income/expens es, taxes

Corporate Governance Report 2024 Budapest, 8 April 2025

2 Introduction Pursuant to Section 95/B(1) on the business report under Act C of 2000 on Accounting, any business whose negotiable securities have been admitted for trading on a regulated market of a Member State of the European Economic Area is required to publish a Corporate Governance Statement in its business report. MFB Hungarian Development Bank Private Limited Company (hereinafter: MFB Zrt., Bank or the Company) is thus required to publish a statement with respect to the bonds it issues. MFB Zrt. has published the following report on its corporate governance practices during the 2024 financial year. The Company’s internal system of governance and control is based on the Recommendations and Proposals for Corporate Governance, approved by the Budapest Stock Exchange on 8 December 2020. The corporate governance principles defined in the Recommendations have been adopted by the Company without any material differences. It must be, however, taken into consideration that MFB Zrt. is a single-member private joint-stock company, where, on the basis of Section 1(2) of Act XX of 2001 on Magyar Fejlesztési Bank Részvénytársaság (hereinafter: MFB Act) and Section I of Annex 2 of Act CXCVI of 2011 on National Assets, 100% of the shares representing the Company are exclusively owned by the Hungarian State. Any alienation of the shares or offering of the same as security shall be deemed null and void. As part of its responsibilities under Sections 3(1) to (4a) of the MFB Act, the Company is required to proceed, both independently and in cooperation with other Hungarian and international organisations, in accordance with the requirements of transparency, expediency, economy, efficiency and prudence, with a view to securing the development funds required to achieve the economic development objectives defined by the medium and long-term economic strategy of the Government. The Company shall act on behalf of its sole shareholder, the Hungarian State. The objectives of the State and the acting Government are set out by the law or conveyed to the Company by a Government Resolution. MFB Zrt. – as part of its responsibilities under in Section 3 (3) of the MFB Act – was a fund management organization in the 2007-2013 programming period, and in the 2014-2020 programing period is the implementing organization of the fund of funds, and in the 2021-2027 programing period will be the holding-fund implementing entity of the cohesion fund, while with regard the resources of the Recovery and Resilience (Resilience Building) Instrument will be the implementing body of the financial instrument, during which MFB Zrt. will dispose of the resources made available to in its own name, but the benefit of the Governing Authorities (National Authority). Accordingly MFB Zrt. keeps separate register of the sources of programming periods, but these registers do not form part of the Bank’s balance sheet. Based on the authorization of Government Decree No 1/2012 of (I.20.) MFB Zrt. participate in the performance of the tasks of Diákhitel Központ Zrt. from 12 June 2024 in closer cooperation with extensive experience in banking fields. MFB Zrt. performs the against an assignment fee, according to a service contract, acting on behalf of Diákhitel Központ Zrt. The shareholder’s (owner’s) rights of the State over MFB Zrt. shall be exercised by the Minist er responsible for supervising state assets. On the basis of Section 103 (1) 8 of Government Decree No 182/2022 of (V.24.) setting out the duties and competences of the members of the Government, the Minister for National Economy assets is a member of the Government, responsible for supervising state assets (hereinafter: the person exercising shareholder’s rights).

4 the entire duration of his or her mandate. In the event that the Chair of the Board of Directors and the CEO is the same person, pursuant to the third sentence of Section 15(2) of the MFB Act, the CEO shall be entitled to use the title of Chairman & CEO. Members of the Board of Directors may be recalled from their office at any time by the person exercising shareholder’s rights without further explanation. At least two members of the Board shall be employees of the Company (internal members). According to Section 149 (2) of the Hpt. Act, the directors of the company pursuant to the Hpt. Act may be elected as internal members of the Board of Directors. The Board membership of internal members shall cease immediately on the termination of their employment. Members of the Board of Directors and their family members may not be Members of the European Parliament, Members of Parliament, members of any municipal/local governments or spokespersons for a national or ethnic minority. The Chair of the Board of Directors and Board members shall make a declaration of property in accordance with the applicable statutory provisions. The Board shall exercise its rights and responsibilities as a corporate body. The Board shall draw up the Company’s reports under the International Financial Reporting Standards (IFRS) in accordance with the Accounting Act and a proposal for the appropriation of net profit and submit them to the person exercising shareholder’s rights for approval. The Board of Directors shall ensure that the Company’s books are appropriately maintained. Moreover, the responsibilities of the Board shall include the approval of the Company’s regulations on organisation and operation as well as any regulations assigned by the Rules of Procedure of the Board or by the law to the competence of the Board. Similarly, the Board of Directors shall make a decision on any major issues specified in the Board’s Rules of Procedure. The Company shall not have an appointing committee or a remuneration committee. The person exercising shareholder’s rights may not deprive the Board of Directors of its powers. Meetings of the Board shall be convened as appropriate but at least once every three months. Board meetings shall be convened by the Chair of the Board through the forwarding of an invitation to Board members at least 8 days prior to the proposed date of the meeting. The invitation shall specify the venue, date and hour of the meeting and the proposed agenda of the meeting; any written documents relevant to the agenda shall be attached to the invitation as far as possible. Any issue that has not been included in the agenda of the meeting – excluding the case where a Board member makes a proposal to add to the agenda within 4 days of receiving the invitation – shall only be discussed by the Board of Directors if at least two-thirds of the Board members are present and all attending members unanimously agree that the agenda item in question should be discussed at the meeting. The representative of the party exercising ownership rights and the Chair of the Supervisory Board shall be invited to any meeting of the Board of Directors. Any member of the Board of Directors may request that a Board meeting be convened, specifying the agenda to be discussed by such meeting. The meeting shall be convened by the Chair of the Board of Directors for a day within 15 days of such request. Meetings of the Board of Directors shall have a quorum if it is attended by the majority of Board members. Decisions shall be made by a simple majority of the votes of attending members. The unanimous vote of the Board of Directors shall be required for decisions provided for in Section 106 of the Hpt. Act (exposure to affiliated persons) and decisions under Section 144(3) of the Hpt. Act. The Board may also adopt a decision without convening a meeting, in writing (by mail or direct delivery) (urgent written procedure). Moreover, the Chair of the Board of Directors may convene

5 an emergency Board meeting. 1.2 An introduction of the Board of Directors / Governing Board, Supervisory Board and management members (for board members, also indicating each member’s status of independence), a presentation of the boards structures. As at 31 December 2024, the members of the Board of Directors are as follows: 1. Dr. Levente Sipos-Tompa, internal member of the Board of Directors, Chairman & CEO, 2. Zsolt Demkó-Szekeres, Deputy CEO, internal member of the Board of Directors, 3. Balázs Benczédi, external member of the Board of Directors, 4. Tamás Balás, external member of the Board of Directors 5. Dr. László Balás-Piri, external member of the Board of Directors. The start and end dates of the mandates are set out in detail under item 13 of the Company’s Certificate of Incorporation. As at 31 December 2024, the Chair and the members of the Supervisory Board are as follows: 1. Dr. Péter Pataki, Chair of the Supervisory Board 2. Henriett Emese Jeneiné Gerő, member of the Supervisory Board, 3. Gáspár Gergely Suppan, member of the Supervisory Board. 4. Zita Katalin Kékesiné Győrffy member of the Supervisory Board, 5. Ervin Gönczy, member of the Supervisory Board, employee representative 6. Dr. Anett Vékony, member of the Supervisory Board, employee representative. The start dates of the mandates are set out in detail under item 15 of the Company’s Certificate of Incorporation. The Bank’s most senior officer responsible for operations is the Chief Executive Officer. The Company’s Chief Executive Officer was Dr. Levente Sipos-Tompa until 31 December 2024, and the Company’s Chief Executive Officer from 1 January 2025 is Gergely Bence Katona. The employee is entitled to substitute the Chief Executive Officer until 31 December 2024 was Zsolt Demkó-Szekeres Deputy Chief Executive Officer, and from 1 January 2025 is Zoltán Zsámboki Deputy Chief Executive Officer. 1.3 Specifying the number of meetings which the Board of Directors / Governing Board, Supervisory Board and committees held in the given period, completed with attendance rates. In 2024, the Board of Directors had met 7 times and adopted decisions 36 times without holding a meeting by urgent written procedure, with the following participation rates: Date of Board meeting/ adopted a decision by urgent written procedure Participation rate 1. 31 January 2024-meeting Of 5 members, 3 participated 2. 28 February 2024-meeting Of 5 members, 3 participated 3. 08 April 2024-meeting Of 5 members, 5 participated 4. 17 May 2024 - meeting Of 5 members, 4 participated 5. 27 August 2024- meeting Of 5 members, 3 participated 6. 27 November 2024- meeting Of 5 members, 3 participated 7. 18 December 2024- meeting Of 5 members, 3 participated

6 Date of Board meeting/ adopted a decision by urgent written procedure Participation rate Written procedure 1. 17 January 2024 Of 5 members, 5 participated 2. 23 January 2024 Of 5 members, 5 participated 3. 24 January 2024 Of 5 members, 5 participated 4. 1 February 2024 Of 5 members, 4 participated 5. 12 February 2024 Of 5 members, 4 participated 6. 29 February 2024 Of 5 members, 4 participated 7. 19 March 2024 Of 5 members, 3 participated 8. 19 April 2024 Of 5 members, 4 participated 9. 23 April 2024 Of 5 members, 4 participated 10. 3 May 2024 Of 5 members, 5 participated 11. 7 May 2024 Of 5 members, 4 participated 12. 31 May 2024 Of 5 members, 4 participated 13. 7 June 2024 Of 5 members, 4 participated 14. 14 June 2024 Of 5 members, 4 participated 15. 18 June 2024 Of 5 members, 5 participated 16. 21 June 2024 Of 5 members, 4 participated 17. 1 July 2024 Of 5 members, 5 participated 18. 8 July 2024 Of 5 members, 3 participated 19. 24 July 2024 Of 5 members, 3 participated 20. 9 September 2024 Of 5 members, 3 participated 21. 12 September 2024 Of 5 members, 3 participated 22. 16 September 2024 Of 5 members, 4 participated 23. 1 October 2024 Of 5 members, 4 participated 24. 10 October 2024 Of 5 members, 4 participated 25. 17 October 2024 Of 5 members, 4 participated 26. 18 October 2024 Of 5 members, 4 participated 27. 28 October 2024 Of 5 members, 4 participated 28. 4 November 2024 Of 5 members, 4 participated 29. 14 November 2024 Of 5 members, 5 participated 30. 19 November 2024 Of 5 members, 5 participated 31. 21 November 2024 Of 5 members, 4 participated 32. 22 November 2024 Of 5 members, 4 participated 33. 9 December 2024 Of 5 members, 4 participated 34. 12 December 2024 Of 5 members, 4 participated 35. 17 December 2024 Of 5 members, 4 participated 36. 20 December 2024 Of 5 members, 4 participated In 2024 the Supervisory Board had held 6 meetings and made decisions in 21 cases without holding a meeting, by written voting. Date of Supervisory Board meeting/ adopted a decision by written procedure Participation rate 1. 31 January 2024-meeting Of 6 members, 6 participated 2. 28 February 2024-meeting Of 6 members, 5 participated 3. 8 April 2024-meeting Of 6 members, 6 participated 4. 17 May 2024 -meeting Of 6 members, 5 participated

7 5. 27 August 2024 - meeting Of 6 members, 6 participated 6. 18 December 2024 - meeting Of 6 members, 6 participated Written procedure 1. 24 January 2024 Of 6 members, 6 participated 2. 12 February 2024 Of 6 members, 6 participated 3. 5 March 2024 Of 6 members, 6 participated 4. 17 April 2024 Of 6 members, 5 participated 5. 29 April 2024 Of 6 members, 6 participated 6. 30 May 2024 Of 6 members, 5 participated 7. 14 June 2024 Of 6 members, 5 participated 8. 18 June 2024 Of 6 members, 5 participated 9. 27 June 2024 Of 6 members, 4 participated 10. 24 July 2024 Of 6 members, 5 participated 11. 31 July 2024 Of 6 members, 5 participated 12. 13 September 2024 Of 6 members, 6 participated 13. 25 September 2024 Of 6 members, 6 participated 14. 3 October 2024 Of 6 members, 5 participated 15. 17 October 2024 Of 6 members, 5 participated 16. 5 November 2024 Of 6 members, 6 participated 17. 12 November 2024 Of 6 members, 5 participated 18. 14 November 2024 Of 6 members, 6 participated 19. 19 November 2024 Of 6 members, 6 participated 20. 21 November 2024 Of 6 members, 6 participated 21. 28 November 2024 Of 6 members, 4 participated 1.4 A presentation of the work done by the Board of Directors / Governing Board, the Supervisory Board and the management as well as the considerations for assessing their individual members. Specifying if the assessment carried out in the given period resulted in any changes. The Company has implemented a set of regulations drawn up by the person exercising shareholder’s rights in consideration of the provisions of Act CXXII of 2009 on the more economical operation of publicly owned companies (hereinafter: Kgtv. Act) and Government Resolution No 1660/2015 (IX. 15.) regarding the renewal of the system of remuneration of management employees of companies in majority public ownership (hereinafter: Govt. Resolution), in respect of the method and amount of the remuneration of executive officers, members of the Supervisory Board and management employees and the system of their remuneration (hereinafter: Remuneration Policy). The Remuneration Policy approved by the person exercising shareholder's rights includes the main rules for defining and assessing the system of performance requirements (annual bonuses) for executive employees are as follows: - A bonus-based remuneration system shall be implemented for managers in order to encourage the successful achievement of business policy and economic targets for the year concerned and efficient operation; - As a performance requirement, any target condition should be based on performance that can be objectively defined and be based on performing one’s job with reasonable expertise and diligence. In case of a performance objective comprising the achievement of the key figure(s) of the business plan, the target conditions have to be set within ranges. A performance objective comprising the achievement of the key figure(s) of the business plan cannot be set solely if its fulfilment resulted in the 100% payment of the related bonus;

8 - The amount of the annual bonus of a manager shall not exceed the extent regulated in the relevant Government Decision. If the Company has made a loss, no bonus shall be paid to the manager; - The performance requirements and conditions should preferably be defined simultaneously with or within 30 days of the adoption of the business plan for the year, unless under exceptional circumstances where they may be set at a later date; - The performance requirements shall be assessed and settled simultaneously with or within 30 days of the adoption of the financial statement (balance sheet) for the financial year, unless under exceptional circumstances, where it may take place at a later date; - If any of in the set performance requirements or not, or partially fulfilled, the employer’s rights shall decide, on the amount and the payment of the bonus in proportion to the otherwise fulfilled performance requirements; - Where the employment of a manager is terminated during the year, the bonus shall be payable on a pro rata basis simultaneously with the adoption of financial statement closing the financial year according to the Act on Accounting or within 30 days of the adoption of the financial statement; - The circumstances listed in the Remuneration Policy may be considered as factors reducing or excluding the payment of a bonus. The person entitled to set the performance requirements may determine additional factors reducing or excluding the payment of a bonus. 1.5 A report on the operation of each committee, elaborating on the professional background of committee members, the number of and the attendance rate at the meetings held as well as the major topics discussed at the meetings and a presentation of the general operation of each committee. When presenting the operation of the Audit Committee, any decision by the Board of Directors / Governing Board against the proposal of the committee should be mentioned (also including the explanations offered by the Board of Directors / Governing Board). The Company website, where all tasks delegated to the committees and the dates of the members’ appointment must be published, should also be mentioned. (If this information is not available on the Company website, it must be included in the Corporate Governance Report.) Supervisory Board The Supervisory Board consists of 6 members. The Chair and members of the Supervisory Board are appointed for a definite period of up to 5 years and are recalled by the person exercising shareholder's rights. At least one-third of the members of the Supervisory Board shall be employee representatives for as long as the Company has more than 200 (two hundred) full-time employees on an average annual basis. Only natural persons may be Supervisory Board members; other than employee representatives, they may not be employees of the Company. The Supervisory Board shall supervise the Company’s management. Within the frames of this authority, the Supervisory Board may request information from senior executives and employees of the company, may inspect the company's accounting records, registers, books and documents, may examine the company's payment account, cash register, securities and commodities, as well as its contracts, or may place them under examination by an expert. Such information may also be requested or inspected or the Company’s records may also be examined or ordered to be examined by individual members of the Supervisory Board. The Supervisory Board shall have all rights and obligations set out for the supervisory boards of credit institutions by the applicable legislation in effect from time to time.

9 The Supervisory Board shall: a) ensure that the Bank has a comprehensive and fully functional control system; b) put forth a proposal for the Company’s auditor and his or her fee; c) verify the Bank’s annual and interim financial statements, including the annual publication information; d) technically manage and review the internal audit unit; as part of that function, the Supervisory Board shall 1. adopt the annual review plan of the internal audit unit, 2. discuss, at least once every six months, the reports drawn up by internal audit and review the implementation of the required measures, 3. assist, where appropriate, the efforts of internal audit by inviting external experts, 4. put forth proposals for adjusting the number of staff of the internal audit unit, e) draw up recommendations and proposals on the basis of the findings of inspections by internal audit; f) the prior consent of the Supervisory Board shall be required if the Chief Executive Officer intends to appoint a new employee to manage the internal audit unit or terminate the employment of the head of the internal audit unit. Without the application of Section 3:123 of the Civil Code, the Supervisory Board is obliged to examine all relevant business policy reports requiring the decision of the holder of ownership rights, as well as all submissions relating to matters within the competence of the holder of ownership rights. The holder of ownership rights may decide on the reports pursuant to the Accounting Act only in the possession of the written report of the Supervisory Board. Decisions regulated in Section 106 (1) of the Hpt. Act (exposure to affiliated persons) require, in addition to the unanimous decision of the Board of Directors of the company, the consent of the Supervisory Board. Meetings of the Supervisory Board shall be convened by the Chair of the Supervisory Board in writing (by mail, email sent to members or direct delivery), the invitation being conveyed to the members of the Supervisory Board at least 8 (eight) days before the date of the meeting. The invitation shall include the agenda of the meeting along with the proposals for the issues concerning the agenda items. Any two Supervisory Board members may request in writing the Chair to convene a Supervisory Board meeting, specifying the reason and the goal of the proposed meeting. Where the Chair fails to convene a meeting within 5 (five) days of receipt there quest, such meeting may be convened by any member having requested that the meeting be convened. The Supervisory Board shall have a quorum if more than two-thirds of its members or at least 3 (three) members are present at the meeting. Decisions of the Supervisory Board shall be adopted by a majority of votes by members of the Supervisory Board. The Supervisory Board may also adopt a decision without convening a meeting, in writing (by mail) exceptionally, in particularly and immensely justified cases. A decision shall have been adopted if, within 3 (three) workdays of dispatch (or, in exceptional cases, within a shorter period specified by the Chair), at least 2/3 (two-thirds) of the members of the Supervisory Board (but a minimum of 3 members) have sent their votes to the Bank’s registered office in the form of a private deed of full probative value. There shall be no need to wait for the vote of a member of the Supervisory Board if such member previously notified the Chair of the Supervisory Board of the fact that, during the period concerned, he/she would not be able to participate in the work of the Supervisory Board, in person or through a written voting procedure, due to another engagement. The rules of procedure of the Supervisory Board shall be determined by the Supervisory Board and approved by the person exercising shareholder's rights. The Chair of the Supervisory Board and Supervisory Board members shall make a declaration of property in accordance with the applicable

10 legislation. Audit Committee The Audit Committee shall: a) assist the Supervisory Board in its activities, including – the review of the system of financial reporting, – the selection of an auditor, and – cooperation with the auditor; b) review and monitor the independence of the auditor, including in particular compliance with Article 5 of Regulation (EU) No 537/2014 of the European Parliament and of the Council of 16 April 2014 on specific requirements regarding statutory audit of public-interest entities and repealing Commission Decision 2005/909/EC; c) monitor the statutory audit of the annual and consolidated annual financial statements and the sustainability report prepared as part thereof, taking into account the findings and conclusions made during the quality review of statutory public oversight auditing, conducted by an authority carrying out public oversight auditing duties (Act LXXV of 2007 on the Chamber of Hungarian Auditors, the Activities of Auditors, and on the Public Oversight of Auditors (hereafter: Kkt. Act)); d) monitor the efficiency of the Bank’s internal control and risk management systems, putting forward recommendations where appropriate; e) monitor the process of financial reporting, putting forward recommendations where appropriate; f) monitor the Bank’s ESG activities and assurance on sustainability reporting and, if necessary make recommendations. The functions and competences of the Audit Committee are set out in detail in the rules of procedure of the Audit Committee. As at 31 December 2024, the Chair and the members of Audit Committee are as follows: 1. Dr. Péter Pataki, Chair of the Audit Committee, 2. Gáspár Gergely Suppan, member of the Audit Committee, 3. Zita Katalin Kékesiné Győrffy member of the Audit Committee. In 2024 the Audit Committee held 1 meeting and made decisions in 14 times without holding a meeting by written voting. The participation rate was as follows. Date of Audit Committee meeting/ adopted a decision by written procedure Participation rate 1. 08 April 2024 Of 3 members, 3 participated Written procedure 1. 30 January 2024 Of 3 members, 3 participated 2. 09 February 2024 Of 3 members, 3 participated 3. 06 March 2024 Of 3 members, 2 participated 4. 24 May 2024 Of 3 members, 3 participated 5. 14 June 2024 Of 3 members, 2 participated 6. 17 July 2024 Of 3 members, 3 participated 7. 13 September 2024 Of 3 members, 3 participated

11 8. 17 October 2024 Of 3 members, 3 participated 9. 24 October 2024 Of 3 members, 2 participated 10. 11 November 2024 Of 3 members, 2 participated 11. 19 November 2024 Of 3 members, 3 participated 12. 21 November 2024 Of 3 members, 3 participated 13. 5 December 2024 Of 3 members, 3 participated 14. 6 December 2024 Of 3 members, 3 participated Detailed information on the 2024 meetings of the Board of Directors and the Supervisory Board is set out in section 1.3. The Company’s internal decision-making bodies include: a) the person exercising shareholder's rights, b) Board of Directors, c) Management Body, d) Asset-Liability Management Committee, e) Individual Credit Committee, f) Problem Loans Committee, g) EU Management Committee, h) Sustainable Financing Committee i) Infringement Management Committee j) Developmental Management Committee k) Monitoring Committee Other internal decision-making bodies of the Company by individual power (eg. Crisis Committee) are regulated by the regulation documents of the Bank. The Company’s internal decision preparation bodies include the: a) Support Committee, b) Housing Committee, c) Aid Committee, d) Public Procurement Preparation and Assessment Committee, e) Workplace Health and Safety Committee, f) Health and Safety Parity Body, g) Ethics Committee, h) Scrapping Committee. The Company shall publish on its website information on the names and positions of the managers and members of its government bodies. 1.6 A description of the system of internal controls, an evaluation of the activities performed in the given period. A report on the efficiency and effectiveness of the risk management procedures. (Information about where shareholders can access the Board of Directors / Governing Board report on the operation of internal controls.) The Bank shall develop and operate its internal audit system in accordance with the characteristics, scope, complexity and risks of its activities with a view to ensuring that it conducts its activities under an appropriate management system and appropriate controls in order to achieve the objectives of the organisation.

12 Organisational structure and the defining of functions and responsibilities In terms of its organisational structure and within the specific organisational units, the Bank shall define competences in order to delimit the functions and responsibilities related to specific processes as well as the specific functions and responsibilities pertaining to cross-organisational processes, isolating those functions that are incompatible from the point of view of the process. The processes, responsibilities and controls are set out in the regulatory documents, whereas the functions and responsibilities pertaining to each job are set out in the job descriptions. Decision-making system In addition to defining the functions and competences, it is of priority importance to exactly define the competences related to the making of personal and committee decisions in order to ensure that a clear, transparent and consistent framework system, commensurate with the complexity and the financial consequences of each topic is in place to assist the decision-making process during day-to-day operation. Regulatory framework system By setting up the area focusing on the adoption of a consistent Group-level regulatory concept and process control, the Bank intends to ensure that the regulatory structure concerning the processes and activities is suitably consistent and uniform and that sufficiently detailed regulatory documents that cover the entire process are drawn up for each process. When drawing up the regulatory documents, the Legal Directorate and in addition the Operational Development and Regulatory Directorate the Compliance Directorate ensure that they fully comply with the statutory provisions. Internal defence lines Within its organisation, the Bank has implemented a three-tier risk protection system. Keeping the proportionality principle in mind, in order to execute the internal control, the Bank has implemented efficient, comprehensive internal control functions (risk control function, compliance function, internal audit function, information security and prevention of fraud functions). Board of Directors /Supervisory Board I. Chief Executive Officer A) Management 1. Internal procedure, controls built in the procedure and management controls B) Risk management, Compliance, Bank- and Information Security/ BCP/ DRP, Prevention of fraud II.Audit Commitee A) Internal Audit, B) Audit In order to ensure the independence of control functions, 1) the control function’s staff shall not engage in any activities under their control; 2) it shall be organisationally separate from the functional and organisational areas it controls; 3) its remuneration shall not be dependent on the performance of the areas controlled; 4) the control function shall have access to the resources required for its operation. Risk management The Bank’s risk control function is carried out by within the Risk Management Division, a dedicated organisational unit independent from the business areas. The framework of risk management and control is provided by an appropriately structured regulatory hierarchy, ensuring prudent banking

13 operation through abstract guidelines at a high level and through increasingly detailed instructions and rules of procedure at the lower levels. In order to reasonably limit the assumption of risks, limits are applied in order to observe risk levels so as to ensure that targets are achieved in accordance with the relevant risk appetite. The function is given sufficient priority during the decision-making process in order to ensure that risk criteria are assessed and sufficiently considered when making any decision. Compliance The compliance function covers the institution as a whole as well as each organisational unit, business area and activity, in particular with regard to ethic, conflict of interest issues, market abuses and the prevention of money laundering. The Compliance Directorate, an organisational unit independent of business and other banking area, performs the compliance function of the Bank. The activities of the Compliance Directorate are determined by compliance statute issued as a group-level directive also contains the expectations of MFB Zrt. regarding the compliance activities of the companies belonging to the MFB Group. Internal audit The Bank maintains an autonomous internal audit department, which is structurally and functionally independent of its other areas; the resources required for internal audit activities are made available on a continuous basis. Internal audit is an independent and objective activity aiming to provide reasonable assurance (verification) and advice with a view to improving the Bank’s operation and increase its success. As part of its activities, it examines and provides reasonable assurance, supported by sufficient evidence, on whether the risk management, governance and control systems, and processes developed and operated by management, comply with the relevant requirements. It promotes the achievement of the Bank’s objectives through an appropriate and efficient methodology and through risk-based control activities. Information system In addition to the regulation of processes and the conscious separation of functions and responsibilities, the level of control of processes is also improved within the information systems. In the majority of its basic processes, the Bank applies information systems that purposefully support the strengthening of the control environment of processes, thus ensuring the appropriate implementation of processes through various built-in automated mechanisms. Access to the information system is granted through multi-level filters (business manager, data owner), which are regularly reviewed. Authorisations are assigned in a way that ensures that each employee is granted active authorisation only to applications that are relevant to his or her duties, and in addition, staff responsible for data-entry and approval functions are separated from each other. Built-in and follow-up controls The Bank designs its administrative processes and regulatory documents are a way that enables controls to be built into the various processes. Controls are thus incorporated into the various processes in order to ensure that any task should only be carried out once the previous task has been verified and corrected where appropriate, in order to ensure the conformity of the inputs of complementary tasks. No single operation may be carried out, processed and verified by the same person, as that would not ensure the identification and correction of errors detected during implementation. The Bank’s regulatory documents set out the task and process-specific control points, i.e. the control activities. The Bank’s procedures are developed in a way that ensures that any transaction is only implemented after a documented review.

14 At the Bank, the heads of the competent organisational units are responsible for the implementation of built-in control and management control. Management control The various management levels and the organisational structure aim to facilitate the efficient achievement of the Bank’s objectives and strategy. Management control functions must be carried out at each level of management. Management control tools include requiring employees to report, requesting reports, exercising the right to sign documents, the verification of the fulfilment of tasks from a formal and substantive point of view, on-site reviews carried out in person and the operation of the management information system. The heads of individual organisational units shall oversee their team members and require them to report on a regular basis, as provided for in internal regulations and rules of procedure. The detailed rules for management control, including reports and business trips, are set out in the regulatory documents. Management information system The development and operation of a management information system encompassing all of its activities are an important element of the Bank’s control system. The purpose of the management information system is to ensure that consistent and comprehensive information are available for the various levels of management during governance and control. The Bank’s management information system includes the entirety of Bank and Group-level information generated for the management on a timely basis at sufficient depth as well as the system that forwards such collected and properly processed information to the user in due time, while being capable of responding to changes. The internal reports constituting the management information system, the frequency of submission of such reports and the indication of the relevant management level shall be set out in a regulatory document and be regularly reviewed. Exercising shareholder control The Bank shall exercise control over the organisations belonging to the MFB Group. As part of such shareholder supervision, the Bank extends the elements of its internal control system listed above to an extent that ensures that the operation of the various companies is appropriately monitored and governed, and that the common goals of the MFB Group are achieved, as well as ensuring the requisite and sufficient exchange of information between the Bank and other Group companies. 1.7. Information on whether the auditor performed any activities not related to auditing. The Bank’s auditor for the 2024 financial year was the Forvis Mazars Korlátolt Felelősségű Társaság. The Bank did not avail itself of certain non-audit services from the Forvis Mazars Korlátolt Felelősségű Társaság Network. 1.8. An overview of the Company's publication policy and its insider trading policy. A separate policy provides for the prohibition of insider trading and market manipulation, stipulating that persons performing managerial duties and persons closely associated with them and employees having access to inside information are prohibited from entering into transactions or charging other persons with entering into transactions involving securities issued by the Bank or derivatives or other financial instruments related to said securities. The Company has not implemented a share-based

15 incentive scheme. With regard to the publishing of information, the Company acts in accordance with the applicable laws and stock exchange regulations. 1.9. An overview of the method of exercising shareholder rights. The Company’s capital stock amounts to HUF 519,900,000,000 (Five Hundred and Nineteen Billion Nine Hundred Million Forints), which consists of 519,900 printed registered ordinary shares of a nominal value of HUF 1,000,000 each. The Company’s shares are non-transferable. Each share embodies the same rights. Where the Company’s capital stock is increased from assets additional to the capital stock, the new shares are acquired by the State without consideration. Depending on the decision of the person exercising shareholder's rights, the capital stock may be reduced by reducing the number or the nominal value of the shares, or both. The person exercising shareholder's rights shall not pay any amount out of the capital stock before the reduction in the capital stock has been registered in the Companies Register. The Board of Directors shall be entitled to issue shares of combined denomination and to break up shares of combined denomination. The Board of Directors shall keep the register of shareholders on the registered shares in accordance with the provisions of the Hpt. Act and Act V of 2013 on the Civil Code (hereinafter: Civil Code). The register of shareholders shall be accessible to any person. 1.10. A brief presentation of the rules for the conduct of the General Meeting. Since the Company is a single-member joint-stock company, it has no shareholders’ meeting; matters under the competence of the founder are decided upon by the person exercising shareholder's rights in writing, by a founder’s resolution, subject to the provisions applicable to the Company. Proposals for the person exercising shareholder's rights shall be approved by the Company's Board of Directors and discussed by the Supervisory Board. Any decision shall take effect on its communication to the executive officers. 1.11. Presentation of the issuer’s compliance with Section IV. of Act 67 of 2019 on the incentivisation of long-term shareholder participation and harmonization of particular other acts. The company is not subject to Act LXVII of 2019 on the Promotion of Long-Term Shareholder Participation and the Amendment of Certain Acts for the Purpose of Legal Harmonization, so the regulations in question do not apply to the company.

16 Corporate Governance Report on compliance with the Corporate Governance Recommendations As part of the Corporate Governance Report, the Company makes a statement regarding the extent to which it has implemented in its own corporate governance practice the recommendations and proposals specified in the relevant sections of the Corporate Governance Recommendations issued by the Budapest Stock Exchange Ltd., by completing the following tables. These tables provide an overview for the investors of the extent of the compliance - by the relevant company - with certain requirements set out in the Corporate Governance Recommendations at glance, and enable easy comparison of the practices of the specific companies. Level of compliance with the Recommendations The Company indicates whether it follows the relevant recommendation or not, and if not, briefly explains the reasons why it did not follow that specific recommendation. R 1.1.1 Does the Company have an organisational unit dealing with investor relationship management, or a designated person to perform these tasks? Yes. R 1.1.2. Are the Company’s Articles of Association available on the Company’s website? Yes. R 1.1.4 If the Company’s Articles of Association allow shareholders to exercise their rights in their absence, did the Company publish the methods and conditions of doing so, including all necessary documents? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. In lieu of the shareholder's meeting, matters under the competence of the supreme decision-making body are decided on by a founder’s resolution issued by the person exercising shareholder's rights, which decision is equivalent to the decision of the shareholder's meeting. R 1.2.1 Did the Company publish on its website a summary document containing the rules applicable to the conduct of its General Meetings and to the exercise of voting rights by shareholders? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.2.2 Did the Company publish the exact date when the range of those eligible to participate in a given company event is set (record date), and also the last day when the shares granting eligibility for participating in a given company event are traded? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting.

17 R 1.2.3 Did the Company hold its General Meetings in a manner providing for maximum shareholder participation? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.2.6 The Company did not restrict the shareholders’ right to designate a different representative for each of their securities accounts to represent them at any General Meeting. (Answer Yes, if not) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.2.7 For proposals for the agenda items, were the Board of Directors’ draft resolution and also the Supervisory Board’s opinion disclosed to the shareholders? Yes. R 1.3.3 The Company did not restrict the right of its shareholders attending a General Meeting to request information, add comments and submit proposals, or set any preconditions for these with the exception of some measures taken to conduct the General Meeting in a correct manner and as intended. (Answer Yes, if not) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.3.4 By answering the questions raised at the General Meeting, did the Company ensure compliance with the information provision and disclosure principles set out in legal regulations and BSE requirements? (If no such question arose the answer is: YES) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.3.5 Did the Company publish on its website the answers to the questions that the representatives of the Company’s boards or its auditor present at the General Meeting could not satisfactorily answer at the meeting within 3 working days following the General Meeting, or an official statement explaining why it refrained from giving answers? (If there was no such event the answer is: YES) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.3.7 Did the Chairman of the General Meeting order a recess or suggest that the General Meeting be postponed when a proposal or proposal relating to a particular issue on the agenda was submitted which the shareholders hadn’t had a chance to become familiar with before the General Meeting? ( If there was no such submission the answer is: YES) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting.

18 R 1.3.8.1 The Chairman of the General Meeting did not use a combined voting procedure for a decision related to electing and recalling executive officers and Supervisory Board members. (If there was no election or recall the answer is: YES) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting, but the above principle was observed in respect of the decision of the person exercising shareholder's rights. R 1.3.8.2 For executive officers or Supervisory Board members, whose nominations were supported by shareholders, did the Company disclose the identity of the supporting shareholder(s)? (If there was no supporting shareholder the answer is: YES) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.3.9 Prior to discussing agenda items concerning the amendment of the Articles of Association, did the General Meeting pass a separate resolution to determine whether to decide on each amendment of the Articles of Association by individual votes, joint votes, or votes combined in a specific way? (If the Articles of Association has not been modified the answer is: YES) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.3.10 Did the Company publish the minutes of the General Meeting containing the resolutions, the description of the draft resolutions and any important questions and answers related to the draft resolutions within 30 days following the General Meeting? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. R 1.6.1.1 Do the Company’s publication guidelines cover the procedures for electronic, online disclosure? Yes. R 1.6.1.2 Does the Company design its by considering the aspects of disclosure and the information of investors ? Yes. R 1.6.2.1 Does the Company have an internal publication policy in place which covers the processing the information listed in Section 1.6.2 of the Recommendations document? Yes. R 1.6.2.2 Do the internal regulations of the Company cover the methods for the assessment of events judged to be important for publication? Yes.

19 R 1.6.2.3 Did the Board of Directors/Governing Board assess the efficiency of the publication processes? No. Explanation: the Company’s internal regulations on communication ensure that any information intended for publication is published as soon as possible on the Company’s website as well as in the places of mandatory publication prescribed by law. The shareholder is notified by the Board of Directors in the annual financial report. R 1.6.2.4 Did the Company publish the findings of the efficiency assessment of the publication process? No. Explanation: the Company’s internal regulations on communication ensure that any information intended for publication is published as soon as possible on the Company’s website as well as in the places of mandatory publication prescribed by law. The shareholder is notified by the Board of Directors in the annual report. R 1.6.3 Did the Company publish its annual company event calendar? No. Explanation: since the Company is a single-member joint-stock company, no corporate events calendar has been drawn up. On the company website, market operators are notified of any major announcements (loan schemes and financing opportunities), financial statements, press releases, events and publications. Since the strategic objectives and main activities of MFB Zrt. are set out for the public in the MFB Act, any information for the public is only required in the case of a change in such objectives and activities. The Company's strategic objectives and their implementation are described in the annual report, which is published on the company website in Hungarian and English. R 1.6.4 Did the Company publish its strategy, business ethics and policies regarding other stakeholders? No. Explanation: Since the strategic objectives and main activities of MFB Zrt. are set out for the public by law (MFB Act), no specific information for the public needs to be published. The Company's strategic objectives and the implementation of these are described in the annual report, which is published on the company website. The major detailed conditions of the Company's main activities, the rules for credit products, their rules of procedure and the names of refinancing partners involved in the implementation of specific loan programmes are published on the company website on a continuous basis. The Company's Ethics Statement and the Anti-Corruption Policy adopted by the Board of Directors of MFB Zrt are available on the company website. R 1.6.5 Did the Company publish career information about Executive Board/ Board of Directors / Supervisory Board and management members in its annual report or on the company website? (If it wasn't published in the current year, but in the year of the election and only in the GM proposals (not on the website), then the answer is: YES) No. Explanation: The Company is not subject to such disclosure obligation. R 1.6.6 Did the Company publish all relevant information about the internal organisation and the operation of the Board of Directors / Governing Board and the Supervisory Board, about the work of the management, the assessments of these and the changes in the current year? No. Explanation: Due to the fact that the Company is privately held, it is not subject to such disclosure obligation.

20 R 1.6.8 Did the Company publish its risk management guidelines and information about its system of internal controls, the main risks and the principles for their management? Yes. R 1.6.9.1 Did the Company publish its guidelines relating to the trading of its shares by insiders? No. Explanation: The shares of the Company are non-negotiable and, therefore, no policies have been drawn up regarding the trading of shares. Members of the Board of Directors, the Supervisory Board and the management may not acquire an interest in the Company’s securities. There is no share-based incentive scheme. R 1.6.9.2 Did the Company disclose the share of the Board of Directors / Governing Board, Supervisory Board and management members in the securities issued by the Company in the annual report or in some other way? (If the above mentioned senior officers do not have any share the answer is: YES) No. Explanation: Members of the Board of Directors, the Supervisory Board and the management may not acquire shares in the company's securities. R 1.6.10 Did the Company publish the relationship of Board of Directors / Governing Board, Supervisory Board and management members may have with third parties which could affect the operation of the Company? No. Explanation: the conflict of interest rules concerning employees and members of the Board of Directors and the Supervisory Board are provided for in the MFB Act, the Hpt. Act and the Civil Code, whereas internal policies ensure compliance with such rules. R 2.1.1 Does the Company’s Articles of Association contain clear provisions regarding the responsibilities and competences of the General Meeting and the Board of Directors / Governing Board? No. Explanation: the Company is a single-member joint-stock company; matters under the competence of the supreme decision-making body are decided on by a founder’s resolution issued by the person exercising shareholder's rights, which is equivalent to a resolution of the shareholder’s meeting. The article of association contains clear provisions regarding the responsibilities of the founder and the Board of directors. R 2.2.1 Does the Board of Directors / Governing Board have a rules of procedure in place defining the organisational structure, the actions for arranging for and conducting the meetings, and the tasks regarding the adopted resolutions, as well as other issues related to the operation of the Board of Directors / Governing Board? Yes. R 2.2.2 Does the Company publish the procedure used for nominating Executive Board/ Board of Directors members and the principles for determining their remuneration? No. Explanation: the Company is a single-member joint-stock company; matters under the competence of the shareholders’ meeting are decided upon by the person exercising shareholder's rights in writing, subject to the provisions applicable to the Company. The appointment, recall and

21 discharge of members of the Board of Directors fall under the competence of the person exercising shareholder's rights. R 2.3.1 Does the Supervisory Board provide a detailed description of its operation and duties, as well as the administrative procedures and processes followed by it, in its rules of procedure and work plan? Yes. R 2.4.1.1 Did the Board of Directors / Governing Board and the Supervisory Board hold meetings periodically at a predefined interval? Yes. R 2.4.1.2 Did the rules of procedure of the Board of Directors / Governing Board and the Supervisory Board provide rules for the conduct of meetings that cannot be planned in advance, and for decision-making using electronic telecommunications means? Yes. R 2.4.2.1 Did board members have access to the proposals to be presented at the meeting of the respective board at least five days prior to the meeting? Yes. R 2.4.2.2 Did the Company arrange the proper conduct of the meetings, the drawing up of the meeting minutes and management of the resolutions made by the Board of Directors / Governing Board and the Supervisory Board? Yes. R 2.4.3 Do the rules of procedure provide for the regular or ad hoc participation of non-board members at respective board’s meetings? Yes. R 2.5.1 Were the members of the Board of Directors / Governing Board and the Supervisory Board nominated and elected in a transparent process, and was the information about the candidates made public in due time before the General Meeting? (If there was no nomination and election the answer is: YES) No. Explanation: the Company is a single-member joint-stock company; matters under the competence of the shareholders’ meeting are decided upon by the person exercising shareholder's rights in writing, subject to the provisions applicable to the Company. The appointment, recall and discharge of members of the Board of Directors and the Supervisory Board and determining the remuneration of the members and Chair of the Board fall under the competence of the person exercising shareholder's rights. A 2.5.2 Does the composition and size of the boards comply with the principles set out in Section 2.5.2 of the Recommendations? Yes.

22 A 2.5.3 Did the Company ensure that the newly elected Board of Directors / Governing Board and Supervisory Board members became familiar with the structure and operation of the Company and their tasks were carried out as members of the respective boards? (If there was no newly elected member in the current year: YES) Yes. R 2.6.1 Did the Governing Board / Supervisory Board request (in the context of preparing the annual corporate governance report) its members considered to be independent to confirm their independence at regular intervals? (If there is no independent member the answer is: YES) No. Explanation: The Board of Directors does not request its members, considered to be independent, to confirm their independence at regular intervals. R 2.6.2 Does the Company provide information about the tools which ensure that the Board of Directors / Governing Board assesses objectively the management’s activities? No. Explanation: The Company is a single-person joint-stock company, where the Board of Directors is responsible for monitoring the management’s performance. Fees are determined by the person exercising employer’s rights. The employer’s rights over the CEO are exercised by the Minister exercising the government’s exclusive shareholder’s (owner’s) rights. The Minister decides on the selection, appointment, recall and discharge of the members of the Board of Directors, members and the Chair of the Supervisory Board, members of the Audit Committee and the Chief Executive Officer. R 2.6.3 Did the Company publish its guidelines concerning the independence of its Governing Board / Supervisory Board members and the applied independence criteria on its website? No. Explanation: On its website, the Company does not specifically publish the guidelines concerning the independence of the Board of Directors and the Supervisory Board and the relevant independence criteria, as they are provided for in the Hpt. Act, the Civil Code, the MFB Act and the Kgtv. Act. R 2.6.4 Does the Supervisory Board of the Company have any members who has held any position in the Board of Directors or in the management of the Company in the previous five years, not including cases when they were involved to ensure employee participation? No. Explanation: One of the members of the Supervisory Board was a member of the Executive Board for a short period from 17.01.2024 to 18.03.2024 without exercising the right of representation. The extremely short duration of membership of the Executive Board do not substantially affect the performance of the functions of the Supervisory Board. R 2.7.1 Did members of the Board of Directors / Governing Board inform the Board of Directors / Governing Board and (if applicable) the Supervisory Board (or the Audit Committee if a uniform governance system is in place) if they, or individuals they have business relations with, or their relatives have interest in any business transactions of the Company (or any subsidiaries thereof) which excludes their independence? (If there was no such transaction the answer is: YES) Yes.

23 R 2.7.2 Were transactions and assignments between members of boards/ members of the management/individuals closely associated with them and the Company/subsidiaries of the Company carried out in accordance with the Company’s general business practice but applying more stringent transparency rules compared to general business practice, and were they approved? (If there was no such transaction the answer is: YES) Yes. R 2.7.3 Did board members inform the Supervisory Board / Audit Committee (Nominating Committee) if they had received an appointment for board membership or management position of a company not belonging to the Company Group? (If there was no such appointment, the answer is YES) No. Explanation: members of the Company’s Board of Directors and Supervisory Board may only be executive officers or Supervisory Board members as specified by the MFB Act. When they are elected, members must issue a statement on their existing status as an executive officer and their Supervisory Board membership, and must notify the competent organisational unit of the Company of any change to such status in accordance with MFB Zrt.’s relevant policy. R 2.7.4 Did the Board of Directors / Governing Board develop guidelines for the flow of information and the management of insider information within the Company, and monitor compliance with them? Yes. R 2.8.1 Did the Company create an independent internal audit function that reports directly to the Audit Committee / Supervisory Board? Yes. R 2.8.2 Does Internal Audit have unrestricted access to all information necessary for carrying out audits? Yes. R 2.8.3 Did shareholders receive information about the operation of the system of internal controls? Yes. R 2.8.4 Does the Company have a function ensuring compliance (compliance function)? Yes. R 2.8.5.1 Is the Board of Directors / Governing Board or a committee operated by it responsible for the supervision and management of the entire risk management of the Company? Yes. R 2.8.5.2 Did the relevant organisation of the Company and the General Meeting received

24 information about the efficiency of the risk management procedures? (If such information has been received by the relevant organisation or the GM, but not in the current year, the answer is: YES) Yes. R 2.8.6 With the involvement of the relevant areas, did the Board of Directors / Governing Board develop the basic principles of risk management taking into account the special idiosyncrasies of the industry and the Company? Yes. R 2.8.7 Did the Board of Directors / Governing Board define the principles for the system of internal controls to ensure the management and control of the risks affecting the Company’s activities as well as the achievement of its performance and profit objectives? Yes. R 2.8.8 Did internal control systems functions report about the operation of internal control mechanisms and corporate governance functions to the competent board at least once a year? Yes. R 2.9.2Did the Board of Directors / Governing Board invite the Company’s auditor in an advisory capacity to the meetings on financial reports? Yes.

25 Level of compliance with proposals P 1.1.3 Does the Company’s Articles of Association provide an opportunity for shareholders to exercise their voting rights also when they are not present in person? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. P 1.2.4 Did the Company determine the place and time of General Meetings initiated by shareholders by taking the initiating shareholders’ proposal into account? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. P 1.2.5 Does the voting procedure used by the Company ensure a clear, unambiguous and fast determination of voting results, and in the case of electronic voting, also the validity and reliability of the results? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. P 1.3.1.1 Were the Board of Directors/Governing Board and the Supervisory Board represented at the General Meeting? No. Explanation: While the Company has no shareholders’ meeting, the Board of Directors and the Supervisory Board submit their opinion on the founder’s resolutions issued by the person exercising shareholder’s rights. P 1.3.1.2 In the event the Board of Directors/Governing Board and the Supervisory Board was absent, was it disclosed by the Chairman of the General Meeting before discussion of the agenda began? No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. P 1.3.2.1 The Articles of Association of the Company did not preclude any individuals from receiving an invitation to the General Meetings of the Company at the initiative of the Chairman of the Board of Directors/Governing Board and being granted the right to express their opinion and to add comments there if that person’s presence and expert opinion is presumed to be necessary or help provide information to the shareholders and help the General Meeting make decisions.(Answer Yes, if not) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting. P 1.3.2.2 The Articles of Association of the Company did not preclude any individual from receiving an invitation to the General Meetings of the Company at the initiative of shareholders requesting to supplement the agenda items of the General Meeting and from being granted the right to express their opinion and to add comments there. (Answer Yes, if not) No. Explanation: the Company is a single-member joint-stock company with no shareholder’s meeting.