IAS19 Defined Benefit Pension + Mortgage Portfolio Analysis

Bank of Ireland Use of proceeds Green Bond Principles Eligibility Criteria Eligible Category Green Buildings & Energy Efficiency - Residential Green Buildings & Energy Efficiency- Commercial Residential property with an energy efficiency rating within the Top 15% in Ireland, equivalent to BER of 'B3' or better Residential property with a date of construction of 2015 or later New buildings where the net primary energy demand of the new construction is at least 20% lower than the primary energy demand resulting from the relevant NZEB requirements; and/or: Renovations to residential property achieving savings in net Primary Energy Demand of at least 30% Commercial property in Ireland, UK and US holding a BREEAM 'Outstanding' or 'Excellent' or LEED 'Platinum' or 'Gold' Certification Net primary energy demand of the new construction is a Commercial property belonging to the top 15% of buildings in Ireland and UK, in terms of energy efficiency¹ New commercial property where at least 20% lower than the primary energy demand resulting from the relevant NZEB requirements, and/or: Renovations to commercial property where the renovation achieves savings in net Primary Energy Demand of at least 30% Impact Annual energy efficiency improvements, MWh tCO2e avoided Annual energy efficiency improvements, MWh tCO2e avoided Renewable Energy Clean Transportation Renewable energy generation facilities including onshore and offshore wind, solar and geothermal UN SDG O HOUSTYMOVATION AND INFRASTRUCTURE INDUSTRY INNOVATION Renewable energy QUSTRY OVATION NASTRUCTURE capacity added, MW tCO2e avoided Financing of the purchase, manufacture and operation of Battery Electric Vehicles and electrically- powered public transport systems, and the infrastructure that supports clean transportation 11 tCO2e avoided AND COMMONITES 1 As determined by reference to established energy performance benchmarks. Bank of Ireland anticipates drawing on the most current dataset available at the time of the allocation process (including datasets compiled by any retained technical consultants). As average building energy efficiencies and related datasets improve, relevant benchmarks and determinations involving proxies (e.g. Building Energy Ratings) will be updated accordingly. 30

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