Ameriabank COVID-19 Response and Financial Highlights

Λ bln AMD Efficiency and Profitability Net profit -6% -18% CIR (Cost to Income ratio) HIGHLIGHTS Net profit decreased by 18% YoY mainly due to additional provisioning costs amid COVID-19 to tackle possible negative impact. Net Profit before provisioning totaled AMD 9.5B recording 15.5% YoY growth. 42.0% 5.9 40.4% 5.6 4.6 38.2% The 2Q2018 2Q2019 2Q2020 2018 2019 2Q2020 ROA (Return on Assets) ROE (Return on Equity) latter also affected key performance ratios such as ROA and ROE which recorded 0.5pp and 4.0pp decrease respectively. ■ The bank managed to generate higher operating profit, combining with YoY lower admin expense, which resulted in CIR ratio improvement by 1.6pp. 1.5% 1.5% 1.0% 12.6% 12.8% 8.8% 2018 2019 2Q2020 2018 2019 2Q2020 16

View entire presentation