Investor Presentaiton

Green Bond Framework Bank of Ireland 2021 Interim Results - Debt Investor Presentation Green Bonds are an important part of the Group's Responsible and Sustainable Business Strategy as we look to finance our customers' transition to the low carbon economy and take an active role in combating climate change through sustainable finance Key Features . Aligned to the Green Bond Principles published by ICMA in 2018 1 Use of Proceeds . Second Party Opinion provided by Sustainalytics . • . The Group will allocate an equivalent amount of the net proceeds to lending to eligible Green assets The Framework caters for secured, senior and subordinated issuance A 'lookback' period of 36 months has been applied to the Green Eligible Assets Portfolio ESG Ratings SUSTAINALYTICS MSCI +CDP AM Ratings & Benchmarking ESG Data, ESG Risk rating 20.3 (Medium Risk). Places the Group in the 17th percentile of Banks (Industry Group) BB (average) B (management level) 44 Green Bond Framework Pillars 2 An amount equivalent to net proceeds will be allocated to finance/ refinance: Green Buildings & Energy Efficiency Renewable Energy Clean Transportation 3 Management of Proceeds Net proceeds will be managed on a portfolio basis 4 . The Group will ensure that the balance of the Green Eligible Assets Portfolio matches or exceeds the total balance of Green bonds outstanding Project Evaluation and Selection Criteria Green Bond Working Group is responsible for the evaluation and selection of assets for inclusion in the Green Eligible Assets Portfolio The portfolio is reviewed on a quarterly basis with loans no longer meeting eligibility criteria being removed Reporting & External Review Allocation Report - will be published alongside external verification provided by an independent accredited provider Impact Report - the Group intends to provide investors with an impact report on the assets within the Green Eligible Assets Portfolio Bank of Ireland 34

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