Investor Presentaiton

Group Financial Results for the nine months ended 30 September 2020 NPE ratio reduced to 21% pro forma for Helix 2; Coverage maintained at 59% Organic NPE reduction of €230 mn in 3Q2020 with pace returning to pre-lockdown levels NPE coverage maintained at 59% post Helix 2 (€ bn) 7.4 122% 122% 128% 130% 128% 69% 70% 70% 68% 69% 59% 3.6 3.9 3.5 3.2 2.4 52% 54% 59% 60% 59% Re-performing ³ 19% NPES Dec 18 1.8 Dec 19 Core NPES 64% 1.4 Jun 20 1.3 1.0 Sep 20 Sep 20 Dec 18 Dec 19 Jun 20 Sep 20 Sep 20 Allowance for Expected Loan Credit Losses pro forma for Helix 2 2 pro forma Tangible collateral for Helix 21 Net NPES Sep 20 pro forma for Helix 21 Gross NPE ratio reduced to 21%; 10% on a net basis 47% 30% 28% 26% 21% 30% 17% Allowance for expected loan credit losses Dec 18 14% Dec 19 Jun 20 Net NPE ratio Gross NPE ratio Calculations on a pro forma basis assume completion of the transaction Restricted to Gross IFRS balance 13% Sep 20 10% Sep 20 pro forma for Helix 2 In pipeline to exit NPEs subject to meet all exit criteria; the analysis is performed on a customer basis (formerly called Non-core NPEs) 1) 2) 3) Bank of Cyprus Holdings • Agreement for the sale of ~ €0.9 bn NPES (known as Helix 2) • €230 mn organic reduction in 3Q2020 • €1.5 bn NPE reduction in 9M2020 pro forma for Helix 21 • NPEs reduced by 27% to €2.4 bn 21

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