CaixaBank (CABK) AGM 2026 summary

Opening remarks and agenda

• The AGM was held in Valencia with both on-site and remote participation, ensuring all shareholders could exercise their rights, including voting and interventions.

• Bureau Veritas certified the meeting as a sustainable event, and all relevant documentation was made available online and on-site.

• Chairman Tomás Muniesa and CEO Gonzalo Gortazar led the Annual General Meeting, outlining the agenda and reaffirming commitment to stakeholders.

• The meeting agenda included approval of 2025 financial statements, board proposals, and board member elections.

Financial performance review

• Consolidated net profit reached €5.89 billion in 2025, up 1.8% year-on-year, with RoTE at 17.5%.

• Earnings per share rose to €0.83, and cost-to-income ratio improved to 39.4%.

• Customer funds grew 6.8% to €731.9 billion, and performing loans increased by 7.0%.

• NPL ratio dropped to 2.1%, reflecting prudent risk management.

• Liquidity coverage ratio stood at 200%, and CET1 capital ratio at 12.6%.

Board and executive committee updates

• Amparo Moraleda was recognized for her 12 years of service as independent director and vice-chair.

• Proposals included re-election and appointment of board members, maintaining a 15-member board and increasing independent directors to 66.7%.

• Gender diversity on the board remains at 40%, meeting regulatory targets.

• Board highlighted successful execution of the 2025-27 Strategic Plan, exceeding initial growth and profitability targets.

• Ongoing share buyback programs, with the 6th completed and the 7th underway.