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Investor Presentaiton

Interest Rate Sensitivity Bank of Ireland 2019 Results Announcement The table below shows the estimated sensitivity of the Group's income (before tax) to an instantaneous and sustained 1% parallel movement in interest rates Estimated sensitivity on Group income (1 year horizon) 100bps higher 100bps lower The estimates are based on management assumptions primarily related to: • the re-pricing of customer transactions; Dec 18 (€m) Dec 19 (€m) c.180 c.210 (c.210) (c.250) . the relationship between key official interest rates set by Monetary Authorities and market determined interest rates; and • the assumption of a static balance sheet by size and composition In addition, changes in market interest rates could impact a range of other items including the valuation of the Group's IAS19 defined benefit pension schemes Bank of Ireland 42
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