Investor Presentaiton

Conclusion - Key takeaways and outlook for 2022 Operating environment Business performance Credit risk 2021 key takeaways 2021 was a year of broad-based macro recovery Loan growth accelerated to +8.6% in 2021 Deposit growth came in at +10.2% Operating income grew by 8.2% on the back of strong fee (+16.5%) and NII (+4.2%) growth Operating costs up by just 2.0% despite inflation Operating result: +17.1%, CIR at 55.6% Very favourable risk environment resulted in low risk costs (9bps of average gross customer loans) Strong asset quality indicators: NPL ratio at 2.4%, NPL coverage at 90.9% 2022 outlook Real GDP to rise 3-5% in 2022 in Erste Group's core CEE markets and Austria Mid-single digit loan growth expected At least mid-single digit NII growth Low to mid-single digit fee growth Positive jaws, as operating income expected to grow faster than costs; <55% CIR likely already in 2022 2022e risk charge expected to be <20 bps of gross customer loans YE22e NPL ratio expected below.3.0% Capital position & capital return Fully loaded CET 1 ratio advanced to 14.5% Dividend per share of EUR 1.6 proposed to 2022 AGM 2022 dividend per share > 2021 DPS Definition of excess capital buffer for bolt-on M&A and potential share buybacks Profitability Risk factors to guidance ROTE recovered to 12.7% Improved operating performance and low risk costs were key net profit drivers Double-digit ROTE expected for 2022 Political, regulatory, geopolitical, economic, health and competition risks, also non-financial and legal risks Indirect effects from evolving Russia-Ukraine situation, such as financial market volatility, sanctions-related knock-on effects on some of our customers or the emergence of deposit insurance or resolution cases Uncertainties due to Covid-19 policy measures; economic downturn may put goodwill at risk ERSTEŚ Group Page 36

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