Retail Banking Financial Update

STRONG INTERNAL CAPITAL GENERATION O CAPITAL RATIOS EVOLUTION DURING 2020 2020 NBG Capital ratios DEC-19 profit Business growth (excl. NBG general general provision - COVID-19 New Tier 2 Capital GEL Devaluation facility impact ratios Potential impact of additional DEC-20 10% GEL provision) impact devaluation CET1 capital adequacy ratio 11.5% -1.1% 3.5% -2.6% -0.9% 10.4% -0.7% Tier I capital adequacy ratio 13.6% -1.4% 3.5% -2.5% -0.8% 12.4% -0.6% Total capital adequacy ratio 18.1% -1.8% 3.5% -2.4% -0.7% 0.9% 17.6% -0.5% Strong internal capital generation ☐ NBG general provisioning: c.GEL 400 million general provision created for the full economic cycle in 1Q20 in relation to the COVID-19 impact, resulting in the decline of capital ratios during 2020 Tier 2 subordinated facility: in April 2020, the Bank drew down a $55 million second tranche of the Tier 2 capital instrument initially arranged in December 2019 39

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