Investor Presentaiton

Sharp reduction in NPEs during 2018 • Reduction by 50% in NPES over 2018 due to sale by Bank of Cyprus (Project "Helix") and the Cooperative Central Bank carve-out. • Remaining reduction attributed to (i) cash repayments, (ii) successful restructurings reclassified as performing facilities, (iii) write-offs as well as (iv) settlement of debt through swaps of immovable property with the ultimate aim the property sale. Non performing exposures, EUR bn 30 25 20 15 10 Helix 2,7 bn Gross loans breakdown, Apr. 2019 CCB carve-out 6,9 bn 5 0 Q1-14 Q1-15 Q1-16 Q1-17 Q1-18 Q4-18 Non performing exposures and provisions Apr.19 NPES 10 bn Apr-19 60% 100% Performing not restructured 50% 80% 40% 64% Performing & restructured Provisions 53% of NPES 60% 30% ■Non-performing & 20% 40% restructured NPES 31% of Gross Loans 5% 14% Non-performing not 10% 20% 2% restructured 0% Provisions 15% 53% of NPES Terminated (Est.) Q1-14 Q1-15 Q1-16 Q1-17 Q1-18 Q4-18 Apr-19 0% Source: Central Bank of Cyprus, Ministry of Finance 25 25

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