Competing as a Strong and Independent Portuguese Bank slide image

Competing as a Strong and Independent Portuguese Bank

(phased-in2:3; Preliminary; %) 5 Execution of the de-risking strategy delivering Total Capital ratio already above 13.5% OCR requirement and building P2G buffer1 CET 1 Tier 1 Total Capital 12.1% Fully-loaded 12.7% CCyB CCB 8.7% 2.5% P2R 1.7% P1 4.5% Required CET 1 novobanco Relief Sep-22 CET 1 (phased-in2:3; Preliminary; %) (phased-in2:3; Preliminary; %) 14.9% 13.5% 12.7% CCyB CCB 2.5% 10.8% Excludes CCA call CCyB CCB 2.5% P2R 3.0% P2R 2.3% P1 6.0% Relief Required Tier 1 Sep-22 Tier 1 P1 8.0% Relief Required Total Capital Sep-22 Total Capital Organic capital generation and acceleration of balance sheet deleverage. (1) P2G of 1.5% applicable as of 1-Jan-23; (2) Preliminary; The inclusion of positive results depends on an authorization from the ECB; (3) On 12-Mar-20 the European Central Bank disclosed several measures that allow Banks to operate temporarily below the required capital level; P2G not included; OCR 42 Building P2G buffer of 1.5%
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