Investor Presentaiton

Bank of Ireland ROI Mortgages: €24.6bn €25.6bn €2.3bn ROI Mortgages (gross) €25.0bn €3.9bn Bank of Ireland Group Market share €24.6bn H1-15 H2-15 H1-16 €4.6bn €8.9bn €8.1bn €7.7bn New Lending Volumes¹ €0.5bn €0.9bn €0.6bn Market share 26% 31% 27% €14.4bn €12.9bn €12.3bn Dec 14 Dec 15 Tracker Variable Rates Fixed Rates Jun 16 Tracker volumes lower by €0.6bn since Dec 15; €2.1bn since Dec 14 €11.3bn or 92% of trackers at Jun 16 are on a capital and interest repayment basis 75% of trackers are owner occupier mortgages; 25% of trackers are Buy to Let mortgages Loan asset spread on ECB tracker mortgages was c.37bps2 in H1 2016, compared to Group net interest margin (including ECB trackers) of 211bps in H1 2016 Average LTV of 74% on existing stock of mortgages at June 2016 (Dec 15: 76%) Average LTV of 71% on new mortgages in H1 2016 (Dec 15: 66%)³ We have a fixed rate led mortgage pricing strategy which we believe provides value, certainty and stability to our customers and to the Group Fixed rate products accounted for c.75% of our new lending in H1 2016, up from c.30% in 2014 BOI does not sell through broker channel c.70% of customers that take out a new mortgage take out a life assurance policy through BOI Group c.50% of customers that take out a new mortgage take out a general insurance policy through BOI Group with insurance partners ¹Excludes €0.2bn in respect of IBRC mortgages portfolio acquisitions completed during H1 2015 and €0.1bn in respect of mortgage portfolio acquisitions completed during H1 2016 2Average customer pay rate of 110bps less Group average cost of funds in H1 2016 of 73bps ³Note that the LTV on new business includes the impact of the acquired portfolios 22

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