Investor Presentaiton

Statement of Comprehensive Income Underlying in N'M Q1'15 Q1'14 Q1'13 y/y %A Gross Earnings 76,780 57,319 52,538 34 Interest Income 46,414 39,627 33,936 17 Interest Expense 22,822 15,228 16,946 50 Net Interest Income 23,592 24,399 16,990 (3) Non-Interest Income 30,366 17,639 18,406 72 Operating Income 53,958 42,038 35,396 28 Impairment Charges (3,868) (1,514) 417 155 Operating Expenses 33,573 27,149 24,849 24 Profit Before Tax 16,517 13,428 11,150 23 Profit for the period 13,667 12,118 9,621 13 ©2015 ACCESS BANK PLC access>>>> Comments Gross earnings increased y/y by 34% to N76.8bn in Q1'15 (Q1'14: N57.3bn) Interest income increased by 17% y/y to N46.4bn, largely driven by the size of the loan portfolio and improved yield on fixed income securities Interest expense increased to N23bn (Q1'14 N15bn) due to increased regulated interest payments on deposits, reduced market liquidity and impact of the Eurobond on the overall funding cost ➤ Net interest income reduced by 3% to N23.6bn in Q1'15 due to significant growth in interest expense > Non-interest income grew by 72% to N30.4bn as a result of increased net gains in financial instruments classified as held for trading Profit before tax increased significantly by 23% to N16.5bn in 2015 largely due to strong contribution of interest income and non- interest income 10

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