2022 Interim Results - Debt Investor Presentation

Non-core costs H1 2021 H1 2022 Non-core items (€m) (€m) Transformation programme costs (69) (23) Acquisition costs (25) Customer redress charges (5) (26) Investment return on treasury stock held (6) (4) for policyholders Gross-up for policyholder tax in the 15 (8) Wealth and Insurance business Other 6 2 Total non-core items (59) (84) Bank of Ireland 2022 Interim Results - Debt Investor Presentation Transformation programme charge (€23m) primarily relates to Retail UK restructuring Acquisition costs (€25m) relates to the Davy transaction. Further deferred consideration costs of c. €20m expected in H2 22 Customer redress charges (€26m), primarily related to the ongoing Tracker Mortgage Examination review Bank of Ireland 18

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