Mission Statement, Vision, & Core Values (2026) of KBC Ancora SCA.

KBC Ancora SCA, founded in 1998 as a Belgian investment company and renamed in June 2007 to reflect its principal holding in KBC Group, positions itself as a stable, locally anchored cornerstone whose mission-reinforced by the anchoring agreement extended in November 2024-is to ensure shareholder stability and back the sustainable development of KBC Group; with a market capitalization around €5.41 billion, a P/E ratio of 17.12, and reported profitability of €315.4 million for FY 2024/2025 (EPS: €4.10), KBCA's vision to support long-term growth and local economic development is backed by concrete financial strength, while its core values-performance, empowerment, accountability, responsiveness and local embeddedness-drive active governance, community engagement and a commitment to sustainable value creation, so read on to explore how these factual pillars translate into strategic impact for KBC Group and its stakeholders

KBC Ancora SCA (KBCA.BR) Intro

KBC Ancora SCA is a Belgian investment company founded in 1998 that holds a significant, stabilizing stake in KBC Group SA, a major financial services provider in Belgium and Central and Eastern Europe. Structured as a subsidiary of the cooperative Cera S.C.R.L., the company combines long-term shareholder anchoring with strategic support for KBC Group's sustainable development. Almancora SCA was renamed KBC Ancora SCA in June 2007 to reflect the alignment with its principal investment.

• Established: 1998 (Belgium)
• Name change: Almancora SCA → KBC Ancora SCA, June 2007
• Corporate structure: Subsidiary of Cera S.C.R.L. (cooperative society)
• Strategic role: Long-term anchor shareholder in KBC Group SA
• Anchoring agreement: Extended November 2024 to reinforce shareholder stability

KBC Ancora's mission centers on preserving shareholder stability and supporting KBC Group's sustainable, value-accretive development while delivering steady returns to its own shareholders through disciplined capital allocation and long-term stewardship.

The company's vision is to remain a reliable anchoring investor that facilitates the resilience and growth of KBC Group across Belgium and Central and Eastern Europe, promoting financial stability, prudent governance and sustainable business practices.

• Long-term stewardship: Prioritizing multi-year stability over short-term gains
• Alignment: Close strategic alignment with KBC Group's sustainable growth
• Governance: Responsible corporate governance rooted in cooperative traditions
• Transparency: Clear reporting and communication to shareholders and stakeholders
• Resilience: Support for financial and operational stability in volatile markets

• Maintain anchoring shareholding to ensure governance continuity at KBC Group.
• Support sustainable and profitable expansion of KBC Group in its core markets.
• Preserve capital discipline and deliver consistent shareholder returns.
• Engage with cooperative stakeholders (Cera) to align long-term objectives.

KBC Ancora SCA (KBCA.BR) - Overview

• Primary mission: provide a stable, locally anchored shareholder base that fosters healthy, profitable and sustainable growth for KBC Group.
• Governance role: act as a core shareholder with active involvement in strategic direction, board-level dialogue and long‑term capital and dividend policy stewardship.
• Local commitment: reinforce the solidity of the Belgian financial sector and support the socio-economic ecosystem around KBC Group activities.

• Stability: The anchoring agreement reduces volatility from short-term shareholder turnover and helps align long-term strategic planning at group level.
• Value creation: A stable shareholder structure facilitates investment in profitable growth initiatives, preserving shareholder value for all stakeholders.
• Active engagement: KBC Ancora participates in governance and strategic discussions, supporting balanced capital allocation (dividends, buybacks, organic growth).

KBC Ancora SCA (KBCA.BR) - Mission Statement

• Preserve a long-term, stable shareholding to support KBC Group's strategic independence and resilience.
• Invest strategically to generate sustainable returns that feed back into Belgian economic and social initiatives.
• Act as a responsible steward aligned with KBC Group management, employees, clients and local communities.
• Foster local embeddedness through targeted community engagement, sponsorship and financial-literacy initiatives.

• Long-term shareholder stability: maintain a meaningful minority stake in KBC Group to influence continuity and governance.
• Local economic contribution: support projects and initiatives that create jobs and strengthen regional financial ecosystems.
• Responsible investment: prioritize sustainability, governance quality and alignment with stakeholder interests.
• Community engagement: fund education, inclusion and local development programs with measurable impact.

• Maintain a stake in KBC Group large enough to ensure long-term influence (target: double-digit % holding, adjusted to market developments).
• Generate sustainable financial returns to grow net assets and increase annual contributions to community programs (target: mid-single-digit % net-asset growth annually).
• Allocate a defined portion of returns to community & sponsorship (target: increasing to €500k+ annually within a multi-year horizon).
• Engage in governance dialogue with KBC Group to promote sound ESG practices, prudent capital management and support for Belgian economic development.

KBC Ancora SCA (KBCA.BR) - Vision Statement

• Performance: Deliver superior risk-adjusted returns while supporting KBC Group's strategic objectives and long-term capital stability.
• Empowerment: Enable managers and portfolio companies to act decisively, fostering innovation, entrepreneurship and talent development.
• Accountability: Maintain transparent governance, clear reporting and personal responsibility toward clients, shareholders and communities.
• Responsiveness: Act quickly and sympathetically to stakeholder input - customers, regulators, employees and local partners - to adapt strategy and allocation.
• Local Embeddedness: Reflect Belgian and regional socio-economic needs in investment choices, diversity initiatives and community reinvestment.

• Capital stewardship: Prioritize value-accretive holdings, disciplined buybacks and targeted dividends to balance growth and shareholder returns.
• Active ownership: Use board representation, engagement and performance KPIs to improve governance and strategic execution in portfolio companies.
• Risk management: Maintain conservative leverage, robust liquidity buffers and alignment with KBC Group's prudential framework.
• Talent & culture: Invest in leadership development, local recruitment and cross-group mobility to sustain empowerment and accountability.

• Delivering on promises - timely dividend programs and transparent NAV reporting to shareholders.
• Fostering creativity - targeted minority investments in fintech or regional growth companies to accelerate innovation inside the KBC ecosystem.
• Acting responsively - adjusting allocation and governance in response to regulatory changes or stakeholder feedback.