1H22 Financial Performance

1 Lower YTD stage 2 exposure mainly from debtors with moratorium concessions during 2021 reverting to stage 1 Loan Portfolio1 by Stages Stage 3: Overdue Vintage Non-overdue ]0; 1yr] ]1; 2yr] +2yr Stage 3 7.7% Stage 2 6.4% 6.7% 17% 18% 16% Dec-19 41% 16% 11% 31% Stage² 3: Coverage by type Impairment RE Collateral Non-overdue GBV Corporate 51% 50% 101% 66% €1.3bn Dec-20 53% 14% 6% 27% Stage 1 76% 75% 77% Mortgage 20% 97% 118% 75% €0.2bn Dec-21 65% 13% 5% 17% Consumer 81% 11% 91% Jun-22 83% €0.2bn 69% 12% 4% 15% Jun-21 Dec-21 Jun-22 Coverage ratios Stage 2 8.1% Stage 3 55.9% 7.3% 49.7% 7.4% 51.0% Stage 3 at €1.7bn GBV, with 51% coverage², and more than 2/3 of stage 3 loans not overdue novobanco (1) Excludes credit institutions; Preliminary figures; (2) Specific provisions only 34

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