HY23 Interim Results Announcement

Residential mortgages / Consumer loans Gross loans by stage Residential Mortgages €38.0bn €46.7bn €0.9bn Consumer €5.3bn • €5.9bn €0.2bn €4.6bn €0.1bn €0.5bn €0.8bn • €0.5bn €3.5bn €41.2bn €4.9bn €4.7bn €34.0bn Dec 22 ■Stage 1 Jun 23 Stage 2 Stage 3 Dec 22 Jun 23 ■Stage 1 Stage 2 Stage 3 • ILA movement Residential Mortgages Consumer 0.4% 0.5% 3.2% 3.4% €146m €40m €50m €236m €171m €20m €13m €204m Dec 22 Stage 1/2 Stage 3 Jun 23 Dec 22 Stage 1/2 Stage 3 Jun 23 ●ILA % of gross loans Bank of Ireland . Residential mortgages • Mortgage portfolios 57% of Group loan book - - Average LTV of 54% on stock 89% of the portfolio has LTV < 80% Stage 2 loans increased from €3.5bn at FY22 to €4.6bn at HY23 reflecting portfolio activity and affordability risk Stage 3 loans (incl. POCIs) increased by €0.4bn to €0.9bn due to KBCI acquisition and new defaults (primarily UK) Stage 3 cover (excl. POCIs) decreased to 18% at HY23 (FY22 20%) reflecting evolution of asset mix in defaulted book €0.1bn increase in ILA primarily reflects increases from portfolio activity, FLI/model updates, and KBCI acquisition Total impairment cover increased from 0.4% at FY22 to 0.5% at HY23, reflecting increase in stage 2 loans Consumer • . . 7% of Group loan book Stage 2 loans increased from €0.5bn at FY22 to €0.8bn at HY23 reflecting portfolio activity and affordability risk, particularly in the UK €33m increase in ILA reflecting portfolio activity Total impairment cover increased to 3.4% (3.2% at FY22) reflecting FLI/ model updates and asset mix in the defaulted book 35

View entire presentation