Investor Presentaiton

Healthy banking sector, with dollarisation down to historically low levels Bank loan book growth vs. nominal GDP growth Loan and deposit dollarisation Nominal GDP growth, y-o-y Bank credit growth, y-o-y 75% Bank credit growth in constant currency terms, y-o-y 45% 70% 40% 65% 35% 60% 30% 25% 55% 20% 17.6% 50% 17.1% 15% 45% 10% 7.5% 5% 40% 0% 35% -5% -10% 30% 2Q14 4Q14 2Q15 4Q15 2Q16 4Q16 2Q17 4Q17 2Q18 4Q18 2Q19 4Q19 2Q20 4Q20 4Q20 2Q21 4Q21 לאלו 2Q22 4Q22 2Q23 4Q23 Source: NBG, Geostat, BOG Note: In February 2024, Geostat revised the historical series of GDP in line with the recommendations from international organisations such as the IMF and Eurostat. Source: NBG 1Q14 3Q14 Bank loan dollarisation Bank deposit dollarisation 1Q15 3Q15 1Q16 3Q16 1Q17 3Q17 2017 1Q18 3Q18 1Q19 3Q19 1Q20 3Q20 1Q21 3Q21 1Q22 3Q22 1Q23 Non-performing bank loans to total gross loans in selected countries, Sep-2023 Lithuania Estonia Czech Rep. Türkiye 0.5% 1.0% 1.2% 1.4% Slovenia 1.5% Latvia 1.5% Georgia 1.6% Slovakia 2.0% Poland 2.4% Azerbaijan 2.5% Armenia 2.5% Romania 2.6% North Macedonia 2.7% 50.7% Hungary 3.4% Uzbekistan 3.7% 45.2% Bosnia & Herz. Bulgaria 3.8% 4.1% Croatia 4.1% Belarus 5.3% Russia 5.3% Montenegro Cyprus Moldova Greece 5.9% 6.6% 6.7% 7.5% 3Q23 Source: IMF 10

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