Development in the current financial year

At the beginning of the year, the operating result before loan loss provisions / valuation effects was above both the previous year’s level and the planned level. This was due in particular to net interest income, which benefited from several factors at the beginning of the year.

Based on developments to date in the current financial year, the Management Board currently considers the planned operating result for the 2026 financial year to be achievable.

The forecast report contains certain forward-looking statements based on the current expectations, assumptions, estimates and projections of the Management Board, as well as on the information available to it. These include, in particular, statements regarding plans, business strategy and prospects. Words such as “expect”, “anticipate”, “intend”, “plan”, “believe”, “seek”, “estimate” and similar expressions identify such forward-looking statements. These statements should not be understood as guarantees of the future developments referred to therein; rather, they depend on factors that involve risks and uncertainties and are based on assumptions that may prove to be incorrect. Unless required otherwise by law, Rentenbank assumes no obligation to update forward-looking statements after the publication of this information.