Investor Presentaiton

29 Sustainable Finance Framework We have developed a Sustainable Finance Framework under which we intend to issue: Green Bonds and/or Loans - proceeds allocated to selected Eligible Green Projects Social Bonds and/or Loans - proceeds allocated to selected Eligible Social Projects The Framework has been established to continue our thrust to promote positive environmental and social practices in our core markets 1 USE OF PROCEEDS 3 Green Bond and/or Loans Net proceeds will be allocated to Eligible Green Projects in the following categories: Renewable Energy, Energy Efficiency, Sustainable Water & Wastewater Management, Pollution Prevention & Control, Green Buildings Net proceeds of any BPI Green Bond and/or Loan shall not be used towards financing and/or refinancing of fossil fuel related assets and activities. Social Bonds and/or Loans Net proceeds will be allocated to Eligible Social Projects in the following categories: MSME Lending Net proceeds of any BPI Social and Sustainability Bond and/or Loan shall not be used towards financing and/or refinancing of activities related to alcohol, gambling, tobacco, and weaponry. Projects financed or refinanced may be at BPI or at any of the BPI Group entities MANAGEMENT OF PROCEEDS An amount equal to the proceeds will be allocated to finance designated Eligible Green and Social Projects across the BPI Group Internal systems in place governing: Tracking of proceeds via a separate register Policy for deployment of unallocated proceeds Substitution of assets - an amount equal to the net proceeds will be allocated to projects that comply with the Eligibility Criteria, reallocating to replacement projects in the event that a previous project is sold, paid in full, or no longer eligible USE OF PROCEEDS PROJECT EVALUATION AND SELECTION SUSTAINALYTICS The Green Bond Principles The Social Bond Principles ACMF ASEAN Green Bond Standards MANAGEMENT OF PROCEEDS ACMF ASEAN Social Bond Standards ACMF ASEAN Sustainability Bond Standards REPORTING 2 BPI PROJECT EVALUATION AND SELECTION We will follow the guidelines below in evaluating and selecting the Eligible Green and Social Projects: Pre Qualification: Projects are identified, evaluated and nominated by BPI's Sustainable Development Finance Team ("SDF") for Green Projects; and the Business Banking Strategy and Portfolio Analytics Group for Social Projects ➤Inclusion in the Green Finance Portfolio: SDF Head validates and signs off on the Eligible Green Projects list; and Business Banking Strategy and Portfolio Analytics Group Head validates and signs off on the Eligible Social Projects list Sustainable Funding Committee: On a semi-annual basis, validate and approve historical enrolments, review monitoring and reporting of issued Green Bonds and deployment of net proceeds BPI ensures that all loans included for allocation under the Green Finance and Social Finance Portfolio comply with national, local, and environmental laws at the time of issuance 4 REPORTING We will provide annual progress reports to be reviewed and approved by the Sustainable Funding Committee and Senior Management, covering: ➤ A list of approved Eligible Green/Social Projects, including amounts allocated; and ➤ Remaining balance of unallocated proceeds External auditor will be engaged to provide independent verification on our reporting and management of proceeds in accordance with this Framework Impact Reporting will be completed where relevant and possible BPI's Green Bond Framework is aligned with leading industry practices and supports our long-term environmental and social commitments ENTIAL.

View entire presentation