Investor Presentaiton

4Q2020 - Highlights Positive Organic Performance in 4Q2020 €45 mn Operating Profit Operating Efficiency 64% Cost/Income² • . Group Financial Results for the year ended 31 December 2020 New lending of €374 mn in 4Q2020, up 30% qoq, reflecting early recovery post 1H2020 lockdown • Total income of €142 mn up 3% qoq • Cost of risk of 99 bps Organic profit after tax of €2 mn • • Exceptional items of €51 mn, including provisions/net loss relating to NPE sales¹ of €42 mn Loss after tax of €49 mn for 4Q2020 and €171 mn for FY2020, post exceptional items Total operating expenses² of €91 mn for 4Q2020, up 7% qoq Cost to income ratio² at 64% for 4Q2020 Good Capital Strong Liquidity 15.2% CET1 ratio 3,4 CET1 ratio of 15.2% 3,4 and Total Capital ratio of 18.7% 3,4 Deposits at €16.5 bn, broadly flat yoy and qoq Significant surplus liquidity of €4.2 bn (LCR at 254%) Significant Progress in Balance Sheet Repair 7% Net NPE ratio³ €0.5 bn NPE sale (Helix 2 Portfolio B) signed in January 2021; €1.5 bn NPE sales since December 2019 NPEs reduced by €2.1 bn³ to €1.8 bn³ (€0.7 bn net)³ in FY2020 Gross NPE ratio reduced to 16%³ (7% net³) and coverage maintained at 59%³ Excluding Special Levy and contributions to SRF and DGF 1) Including restructuring expenses 2) 3) 4) Pro forma for Helix 2 (Portfolio A and B). Calculations on a pro forma basis which assume legal completion of the transaction Allowing for IFRS 9 and temporary treatment for certain FVOCI instruments transitional arrangements Bank of Cyprus Holdings 5

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