Accion MfB Financial Reports

Dear Valued Shareholders, Distinguished Members of the Board, and Esteemed Stakeholders,

I am pleased to welcome you to the 20th Annual General Meeting of Accion Microfinance Bank. As we reflect on the achievements of 2025, I extend my sincere appreciation to our shareholders, customers, regulators, partners, Management, and employees whose continued trust and commitment have made our progress possible.

The year 2025 marked another significant milestone in our journey of expanding financial inclusion and creating sustainable value. Despite a challenging operating environment, the Bank delivered strong financial and operational results, demonstrating the resilience of our business model and the effectiveness of our growth strategy.

Our performance reflects the impact of a clear vision, disciplined execution, and a deep understanding of the communities we serve. During the year, we expanded access to responsible financial services, growing our loan portfolio by 44% and increasing customer deposits by 11.3%. We now serve more than

22,345 loan customers and over 404,671 depositors, reinforcing our role as a trusted financial partner to individuals, micro-entrepreneurs, and small businesses across Nigeria.

The Bank recorded gross earnings of ₦11.58 billion, representing a 51% increase over the previous year. Profit before tax more than doubled to ₦1.82 billion, while profit after tax rose to ₦1.03 billion. These results underscore our ability to achieve sustainable growth while maintaining prudent risk management and operational discipline.

Our commitment to scaling impact extends beyond financial performance. In 2025, we expanded our branch network to 75 locations nationwide, strengthening our presence in key markets and improving accessibility for underserved communities. Through our Community Impact Initiative, we continued to support grassroots entrepreneurs and small business owners, providing financing and business opportunities that contribute directly to economic empowerment and local development.

Digital transformation remains a critical pillar of our strategy. We enhanced our digital banking capabilities through innovations such as improved USSD onboarding, WhatsApp banking services, merchant banking solutions, and digital savings products. These initiatives have simplified access to financial services, improved customer experience, and expanded our reach to previously underserved segments of the population.

Our people remain the foundation of our success. The dedication, professionalism, and expertise of our employees continue to drive our achievements and position the Bank for future growth. We remain committed to developing talent, fostering inclusion, and creating opportunities for the next generation of leaders within our institution.

As we look ahead, our focus remains clear: to deepen financial inclusion, strengthen customer relationships, expand access to responsible credit, and leverage innovation to create sustainable impact at scale. We will continue to balance growth with strong governance, sound risk management, and a commitment to long-term value creation for all stakeholders.

Together, we are building a stronger, more resilient institution one that empowers individuals, supports businesses, strengthens communities, and contributes meaningfully to Nigeria's economic development.