2020 Financial Highlights

NPL Analysis ➤ NPL ratio (Stage 3 Loans) increased to 3.8% from 3.3% in 2019FY due to 37.3% increase in absolute NPL book to N53.1bn. N'billion ► YoY NPL growth is partly due to our conservative stress test on sectors susceptible to the global pandemic and economic lockdown. ► QoQ drop in NPL figure was due to improving business environment post lockdown. ▸ Coverage remains high at 139.3% with specific provisions on Stage 3 Loans currently at 68.9% Vs. 60.9% in 2019FY. NPL Coverage Ratio N' billion % Ratio Gross Loans and Advances 1,393.6 1,178.4 38.6 1,218.9 58.1 1,267.3 61.3 1,334.6 53.1 63.1 1,139.8 1,160.8 1,206.0 1,271.6 1,340.6 2019FY Q1 2020 H1 2020 9M 2020 ■Performing Loans 2020FY ■Non-performing Loans Non-performing Loans 169.1% 63.1 58.1 61.3 4.8% 4.8% 4.7% 53.1 3.3% 38.6 139.3% 115.2% 117.5% 115.8% 3.8% 2019FY Q1 2020 H1 2020 9M 2020 2020FY 2019FY Q1 2020 H1 2020 9M 2020 2020FY Non-performing Loans Coverage Ratio 32 32 www.fidelitybank.ng

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