2018 Credit Presentation

Net lending growth of €1.3bn Group loan book movement €15.9bn (€14.6bn) (€0.4bn) Total €1.3bn €76.1bn Dec 17 Loan Book New Lending Redemptions IFRS 9 Day 1/ Other Dec 18 Loan Book Net lending growth €1.3bn Net lending growth of €1.3bn 2018 Credit Presentation • New lending of €15.9bn; an increase of 13% vs. 2017 €77.0bn¹ UK/International • Redemptions of €14.6bn; 3% reduction vs. 2017 Expect further net lending growth in 2019, while maintaining strong commercial pricing and risk discipline Ireland: €0.6bn net lending growth Mortgages: loan book flat in 2018, albeit new lending of €2.3bn, up 17% on 2017, with stable market share of 27% Consumer: loan book growth of €0.1bn SME: loan book decrease of €0.2bn, albeit new lending of €2.9bn Corporate Banking: loan book growth of €0.8bn UK / International: €0.7bn net lending growth • Mortgages: loan book decrease of €0.7bn; new lending of €3.7bn, up 3% on 2017 Consumer: loan book growth of €0.7bn; new lending of €1.8bn (2017: €1.3bn), reflecting strong performance of Northridge car finance and consumer lending SME/Other: loan book decrease of €0.5bn; largely due to wind down of legacy lending portfolios Corporate Banking: loan book growth of €0.9bn; disciplined approach with strong Brexit focus . Acquisition Finance: loan book growth of €0.3bn Bank of Ireland €0.6bn Ireland €0.7bn 1 Includes UK Credit Card portfolio €0.6bn classified as held for sale as at Dec 2018 11

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