Investor Presentaiton

S&P View of the Total Capital Base • According to S&P the capital position of Bank of Aland is strong 46 • Strong risk-adjusted capitalization • Low credit losses RAC ratio 13.8 % (June 30, 2020) remains a rating strength to Bank of Åland • S&P (January 22, 2021) has indicated that they could raise the rating if Bank of Åland's capitalization improves, as indicated by a sustained increase of its RAC ratio beyond 15% threshold for a very strong capital and earnings over the next 24 months. Nordic Banks RAC Ratio On June 30, 2020, Compared With Dec. 31, 2019 % 30.00 % 4 25.00 20.00 15.00 10.00 5.00 0.00 Storebreditt SBG Finland* Arion Bank Sparbanken Sjuharad Danmarks Skibskredit Bank Norwegian Swedish Export Credit Hypo ** Landshypotek Bank Sparbanken Skane Islandsbanki Bonum bank Landsbankinn ■Mid-year 2020 ■Year-end 2019 DLR Kredit Oma Savings Bank ■Change from year-end 2019 (right-scale) Data as of June 2020. *Savings Group Finland. ** The Mortgage Society Finland. Source: S&P Global Ratings.RAC-Risk adjusted capital. S-Bank DNB Bank OP Corporate Bank Lansforsakringar Bank Bank of Aland Nykredit Realkredit Aktia Bank Jyske Bank Nordea Bank Swedbank SBAB Bank Handelsbanken Danske Bank SEB 3 2 1 0 -1 -2 3 ÀLANDSBANKEN

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