Bank of Ireland Financial Overview

Bank of Ireland Non-property SME and Corporate / Property and Construction Gross loans by stage Non-property SME and Corporate Property & Construction €8.2bn €0.4bn • €21.5bn €20.5bn €7.2bn • €1.5bn €1.1bn €0.4bn €4.7bn €4.6bn €3.9bn • €3.5bn €15.3bn €14.8bn €3.9bn Dec 22 Dec 23 Stage 1 Stage 2 Stage 3 Dec 22 €3.3bn Dec 23 ■Stage 1 Stage 2 Stage 3 ILA movement Property and Construction Non-property SME and Corporate 3.6% €783m 2.7% 2.4% €1m (€235m) €106m (€52m) €549m €195m Non-property SME and Corporate . 25% of Group loan book, well diversified by geography and sector €0.1bn decrease in Stage 2 loans since FY22 driven by portfolio activity offset by FLI/model updates Stage 3 balances decreased by €0.4bn reflecting resolution activity including NPE portfolio disposal completed in H223 Stage 3 cover reduced to 30.5% (FY22 36.7%) and total impairment cover reduced to 2.7% (FY22 3.6%) reflecting NPE disposal and resolution of highly provisioned legacy cases in the Corporate portfolio Property & Construction • 3.4% • • €249m • 9% of Group loan book (FY22 11%); €6.7bn investment property; €0.5bn development lending €0.4bn reduction in stage 2 loans in FY23 due to portfolio activity including net repayments/redemptions Stage 3 loans have remained stable at €0.4bn (FY22 €0.4bn). Stage 3 cover reduced to 21.8% (FY22 28.7%) reflecting resolution activity including NPE disposal Total impairment cover increased from 2.4% at FY22 to 3.4% at FY23, driven by the application of the €48m Investment Property PMA Investment property exposures Office (37%), Retail (32%), Residential (20%) and Other (11%) Dec 22 Stage 1/2 Stage 3 Dec 23 Dec 22 Stage 1/2 Stage 3 Dec 23 ●ILA % of gross loans 50

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