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Investor Presentaiton

Accelerated de-risking: NPE sales of €3.8 bn since 2H2018 Helix 1 ✓ Completed Velocity 1 ✓ Completed Velocity 2 ✓ Completed Group Financial Results for the six months ended 30 June 2020 Helix 2 ✓ SPA Signed Sale of €2.7 bn NPES • Mainly secured large Corporate and SME NPES • 48 cents on GBV ⚫c.60 bps capital accretive1 Sale of €34 mn NPES • Retail unsecured NPES •Capital neutral1 Sale of €133 mn NPES Retail unsecured NPES Capital neutral1 •Completed in 2Q2019 • Completed in 2Q2020 •Bank retained €45 mn of senior bond •Completed in 2Q2019 Sale of €886 mn NPES •Mainly secured Retail and SME NPES ⚫46 cents on GBV •-36 bps capital impact on completion •+10 bps capital impact upon full repayment of deferred consideration •Completion expected in 1H2021 Continue to assess acceleration of de-risking through additional NPE sales in the future (1) On completion Bank of Cyprus Holdings 6
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