Competing as a Strong and Independent Portuguese Bank slide image

Competing as a Strong and Independent Portuguese Bank

2 Decreasing RE exposure to €714mn (-17%; due to portfolio sales), with TOP 20 assets representing 62% of the portfolio Evolution of Real Estate Exposure (€mn NBV) % Total Assets 1.9% 1.8% 1.5% -17% RE: Coverage by Asset Type (Sep-22 Pro-forma; €bn;%) Coverage 47% Ratio (%) 54% 44% 24% RE: breakdown (€million;%) Foreclosed REO (net) 855 GBV 0.74 824 714 681 224 170 139 Investment Impairment 0.40 0.42 properties & 681 -70 -60 -300 Top 5 high quality assets represent more than 80% of Historical sale premiums (vs NBV): 2020: 27% 2021: 21% 2022 (YTD): 32% Historical Yield of maintained portfolio 2020: 5.1% 2021: 5.9% 0.18 this bucket Other 631 654 575 0.14 ~170 2022 (YTD): 8.1% ~80 NBV 0.35 0.24 Sep-21 Dec-21 Sep-22 Sep-22 Pro-forma ex-logistics w/SPA Land 0.10 Commercial Residential & Other Sep-22 Pro-forma Sold/ Sales under 4Q22 SPA Exp. High quality plots Granular Yielding portfolio assets to be maintained novobanco Coverage is supported by a robust appraisal policy, individual asset reviews, market pricing (bids received) and yield performance. 38
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