Avanza Bank : Bolagspresentation, mars 2024

March 2024

Company presentation and investment story

Overview

Avanza's evolution since foundation in 1999

2

Overview

Sweden's leading platform for savings and investments

No. 1 long-term target to have the

most satisfied savings customers in Sweden -

won for the last 14 consecutive years

SEK 817 bn

in savings

1,934,000 capital customers

661	7.1%	market share of the
employees and
eNPS of	Swedish savings market
58

3

Overview

Over 80 000 investment opportunities, together with decision-makingtools, inspiration and education

Securities	Retirement plans	Mortgages and
trading	margin lending
Mutual funds		Savings accounts

4

Overview

We don't give advice, but focus on decision-

making tools

1. The Avanza Academy

1. The Avanza blog, podcasts and Avanza Play o Auto funds
   o Portfolio generator o Stock generator
   o Independent news site Placera

5

Overview

Business model built on scale

	160									900 000
	140									800 000
	142
	120								700 000
									600 000
points	100
								500 000
73
80
Basis										400 000
60									300 000
						48
	40
									200 000
	20									100 000
						16
	0									0
	2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
				Savings capital		Income/savings capital		Cost/savings capital

Savings capital, SEK m

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Overview

Capital light, fee-based business model

2023	% of
	income

Net brokerage income	21
Fund commissions, net	17
Currency-related income, net	8
Net interest income (NII)	46
Other income, net 1)	8

1. Mainly income from Avanza Markets, compensation for distribution and stock lending, but also advertising sales, subscriptions and customer's add-on services.

1. Mainly fixed costs, ~70% staff related

1. High scalability

1. Self-financedthrough shareholders' equity and customer deposits

1. High interest rate sensitivity

1. Capital-efficientand low risk balance sheet

7

Overview

Strong position and asset quality

Limited on balance sheet lending

On balance sheet deposits

SEK 19.6 bn

No realised credit losses

for over 10 years

SEK 61.7 bn

24.7%	Solid financial position
CET1 ratio	38%	58%
5.0%	ROE	Profit margin
Leverage ratio

99.8%

High platform

availability

8

Overview

We focus on what's best

for the customer

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Overview

A typical Avanza development team, where business and IT go hand in hand

1. Full expertise for their respective domain

1. Innovation, business development and maintenance are done within each team

1. They define their own mission and sets their own goals, linked with the overall vision and targets

Product	QA
specialist	Front-end

UX

Front-end

Product owner

Designer

Back-end

Back-end

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