2022 Interim Results - Debt Investor Presentation

Residential mortgages / Consumer loans Gross loans by stage Residential mortgages €43.3bn Consumer €1.8bn €40.7bn €2.8bn €1.6bn €1.8bn €5.2bn €5.5bn €0.1bn €0.2bn €0.1bn €0.2bn €38.7bn €37.3bn €4.9bn €5.2bn Dec-21 Jun-22 Stage 1 Stage 2 Stage 3 Dec-21 Jun-22 Stage 1 Stage 2 Stage 3 ILA movement Consumer Residential Mortgages 1.2% €504m €17m (€10m) 1.3% 3.3% (€14m) (€3m) 6511m €172m 2.8% €155m Dec-21 Stage 1/2 Stage 3 Jun-22 Dec-21 Stage 1/2 Stage 3 Jun-22 ILA % of gross loans Bank of Ireland 2022 Interim Results - Debt Investor Presentation Residential mortgages Mortgage portfolios 53% of Group loan book - Average LTV of 53% of stock 94% of the portfolio has LTV >80% Stage 2 loans decreased from €2.8bn at Dec 2021 to €1.8bn at June 2022 due to reductions from FLI/model updates and positive portfolio activity Stage 3 loans reduced by €0.2bn primarily reflecting the NPE mortgage transaction, with stage 3 cover increasing to 27% at June 2022 (24% at Dec 2021) reflecting changes to LGD model and impact of management adjustments €7m increase in impairment loss allowance due to impact of changes to the LGD model components and management adjustments, partly offset by improved FLI update Impairment coverage increased from 1.2% at Dec 2021 to 1.3% at June 2022, and remains above Dec 2019 level of 0.9% Consumer • • • 7% of Group loan book €17m decrease in impairment loss allowance primarily related to FLI model updates Impairment coverage decreased from 3.3% at Dec 2021 to 2.8% at June 2022, primarily due to reduction in COVID-19 PMA Bank of Ireland 50

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