Bank of Ireland Financial Overview

Bank of Ireland Pro-active approach to CRE c.60% 12% reduction in CRE lending 11% €1.1bn €7.1bn 9% €0.5bn 69% €6.7bn Book heavily skewed to Ireland 21% 10% Dec 23 Ireland UK US Investment Development % of Group loans % of CRE investment book. Dec 22 Strong collateral values Increased coverage level 2.4% Dec 22 3.4% Dec 23 28.7% 21.8% 12% y/y reduction in CRE loans; cautious approach and pro-active portfolio management Ireland c.70% of lending; modest US CRE exposure with prudent coverage Average LTVs (60%) and interest cover (1.9x) Coverage levels increased from 2.4% to 3.4% at Dec 2023 Stage 2 cover 1.3% to 4.1%, pro-active approach to potential risks Stage 3 cover lower; resolution of high coverage legacy cases Asset quality stable with unchanged NPE ratio of 5.1% < 60% c.25% 61-70% c.10% 71-80% LTV range (% of CRE investment book) 4.1% 1.3% c.5% > 80% Stage 2 Dec 22 Dec 23 Stage 3 CRE coverage % 20 20

View entire presentation