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Investor Presentaiton

Alpha Bank Group 909% (€ mn) Q2 20211 Q1 2021 Q4 2020 Q3 2020 Q2 2020 change yoy % change Net interest income 371.0 399.6 388.0 381.8 390.7 (7.2%) (5.0%) Net fee and commission income 105.4 84.3 83.8 84.8 77.5 25.1% 36.1% Income from financial operations¹ 30.4 60.9 429.7 42.5 134.2 (50.2%) (77.4%) Other Income 10.4 11.1 5.0 7.0 2.6 (5.6%) Operating Income 517.2 555.9 906.5 516.1 604.9 (7.0%) (14.5%) Staff costs (105.6) (106.3) (113.7) (107.3) (106.4) (0.6%) (0.7%) General administrative expenses (117.9) (109.0) (121.5) (117.8) (107.2) 8.2% 10.0 Depreciation and amortization (37.4) (43.1) (39.4) (39.2) (38.4) (13.2%) (2.4%) Recurring Operating expenses (260.9) (258.4) (274.6) (264.3) (251.9) 1.0% 3.6% Extraordinary costs (13.0) (160.1) (94.8) (4.2) (8.9) Total Operating expenses (274.0) (418.4) (369.4) (268.6) (260.8) (34.5%) 5.1% Impairment losses on loans (124.6) (390.6) (569.5) (168.6) (260.6) (68.1%) (52.2%) Other impairment losses (9.6) (5.6) 1.3 (2.0) (3.7) 71.0% Profit (Loss) before income tax 109.0 (258.7) (31.1) 77.0 79.8 Income Tax (13.4) (23.4) 1.5 (32.7) 22.0 Profit (Loss) after income tax from continuing 95.6 (282.1) (29.6) 44.3 101.8 operations Profit (Loss) attributable to shareholders 95.7 (282.2) (29.7) 44.3 101.8 Net interest Margin (NIM) 2.1% 2.3% 2.2% 2.2% 2.3% 1| pf for Galaxy and Cepal deconsolidation P&L impact of €2.1bn booked in Q2 21 trading line 28 ALPHA SERVICES AND HOLDINGS
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