Investor Presentaiton

Group Financial Results for the year ended 31 December 2020 Business portfolio well diversified, with high quality collateral Business gross loans (excluding Legacy) 1 • Breakdown, by Covid-19 impact Payment deferrals that expired on 31 December 2020 €5.11 bn 4 Overdrafts €3.79 bn 0.32 High Impact: (22%) 22% Tourism (Hotels & Catering) Medium Impact: (24%) Manufacturing Trade • 24% Instalment due by 15 Feb-21 1.94 51% of business loans under payment deferrals had an instalment due by 15 Feb 2021 97% of these, resumed payments • 97% of expired payment deferrals with an instalment due by 15 Feb 2021 resumed payments • High quality origination via prudent underwriting standards • • Strong assessment of repayment capability Strict origination standards Effective foreclosure law in place, following the amendments in recent years • 99% of new exposures² since 2016 were performing at the start of the moratorium • 90% of portfolio secured • of which 80% with property • Moderate Impact: (29%) Construction 29% • Transportation and storage Instalment due • Low: (25%) 1.53 after 15 Feb-21 • Real Estate 25% • Education • Health ⚫ of which 20% other type of collateral • Low LTV³ business portfolio; 73% of the portfolio with LTV³<80% 15-Feb-21 723 2) 1) Gross loans as at 31 December 2020 of Corporate (incl. IB and W&M and Global Corporate), SME, Retail and H/O Facilities/limits approved LTV3 High Medium Moderate Low Total < 80% 92% 57% 64% 83% 73% >80% Total 8% 43% 36% 17% 27% 100% 100% 100% 100% 100% 3) Loan to Value (LTV) is calculated as the Gross IFRS Balance to the indexed market value of the property. Under Pillar 3 disclosures LTV is calculated as the Gross IFRS Balance to the indexed market value of collateral. Collateral takes into consideration the mortgage amount registered in the land registry plus legal interest from registration date to the reference date 4) Overdrafts and current accounts have no instalment due Bank of Cyprus Holdings 13

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