Investor Presentaiton

The Bank of Åland in Brief 4 Bank of Åland Plc A Finnish bank targeting high net worth and affluent individuals Top ranked in customer loyalty • Tradition of stability and very low credit losses MTN Programme • • • • 16.4 % ROE and net operating profit of EUR 13.6 M in Q2 2021 which was the best-ever Q2 result, despite Covid-19 pandemic BBB rating with a positive outlook from S&P EUR 3 bn combined Medium Term Note, Covered Bond, Tier 2 Note and Additional Tier 1 Capital Note Programme dated 12 March 2021 (Finnish Law) Two cover pools: Cover Pool FIN and Cover Pool SWE Legal LTV cap at 70 % and minimum 2 % over-collateralization • Published commitment to a strong over-collateralization and six months liquidity AAA (stable) rating from S&P on both Cover Pool FIN and Cover Pool SWE Economy and Markets • • The Covid-19 pandemic has already had and will continue to have its effects on the global economy. The Nordic economies have suffered less than most European peers Before the Covid-19 pandemic the demand-led Finnish and Swedish economies were growing strongly During Covid-19 pandemic Nordic housing and residential property values have increased, both in and outside the growth centres Finnish house prices tend to have risen moderately compared to the Nordic neighbors. A trend explained by the fast amortizing plans of Finnish mortgages ÀLANDSBANKEN

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