2025 Sfil’s results : very strong results confirming the strength of our model in support of sovereignty imperatives

Excellent financing capacity despite high volatility

• €9.2bn issued with an 8.5-year average maturity, including 2026 program prefinancing
• 7 public transactions with an international and very diversified investor base still broadening
• Excellent financing conditions comparable for the 1st time to the French sovereign
• Successful launch of 2026 financing program

Strong export credit activity supporting sovereignty imperatives – 3rd best year

• Leading lender for the export credit backed facility of the Sizewell C nuclear power plant
• 4 transactions for a total amount of €3.6bn
• 9 exporters supported including 4 accompanied for the 1st time
• More than €20bn of financing granted since the beginning of the export-credit activity
• Active support to the industrial and technological defence sector

Dynamic French local public sector activity – 3rd best year

• Very strong activity on local authorities – 2nd best year: €5.3bn granted mainly to large local authorities (53% of financing)
• 36% of use-of-proceeds loans granted to local authorities (€1.1bn of social loans and €0.8bn of green loans)
• Record of €5.4bn loans acquisition from La Banque Postale and Banque des Territoires
• First transaction following the extension of our activities concluded early 2026

Very strong results

• Higher recurring net banking income at €221m (+2% vs 2024) driven by growth from both our activities
• €4m reversal in cost of risk
• Excellent quality of asset portfolio reflected by very low non-performing exposures (€67m or less than 0.1% of assets)
• Recurring net result at €67m (including €10m exceptional tax contribution charged to large companies)
• All-time record with €96m net result

Following the Board meeting on 18 February 2026, Philippe Mills, Chief Executive Officer of Sfil, stated:

“ We achieved a strong performance in 2025, relying both on our competitive financing capacity and the strong performance from both our activities. These results emphasize our support to sovereignty pillars, especially defence and nuclear sectors. I thank our clients, partners and investors for their steady trust and support as well as our employees for their commitment to Sfil and its mission: financing what matters most. ”

Philippe Mills

Chief Executive Officer of Sfil