Competing as a Strong and Independent Portuguese Bank

Lower YTD stage 2 exposure mainly from debtors with moratorium concessions during 2021 reverting to stage 1 Loan Portfolio1 by Stages Stage 3: Coverage by type Impairment RE Collateral GBV Stage 3 8% 6% 6% Stage 2 17% 18% 15% Corporate 52% 50% 102% €1.3bn Stage 1 75% 75% 79% Mortgage 25% 97% 122% €0.1bn Sep-21 Dec-21 Sep-22 Coverage ratios² Consumer 82% 10%91% €0.2bn Stage 2 8.2% Stage 3 7.3% 56.7% 49.7% 7.9% 54.0% Stage 3 at €1.6bn GBV, with 54% coverage² by specific impairments novobanco (1) Excludes credit institutions; Preliminary figures; (2) Specific provisions only 32 32

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