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Investor Presentaiton

UK Customer Loans £28.6bn (€33.4bn) Bank of Ireland Group UK Mortgages - £20.4bn Scotland, £0.9bn Northern Ireland,, £0.9bn Rest of England,. £8.7bn 53% Wales, £0.8bn Greater London, £4.3bn Outer Metropolitan, £2.7bn South East, £2.1bn Other UK Customer Loans - £8.2bn 102% 49% 66% 144% £1.7bn £0.01bn £2.8bn £1.9bn £0.00bn £0.5bn £1.6bn £0.2bn £2.3bn £1.9bn £1.4bn £0.2bn £1.7bn 20.1bn £0.1bn Land & Development Coverage ratio Consumer SME Corporate Investment Property Performing Loans Defaulted Loans UK Mortgages Analysis Total UK mortgages of £20.4bn; (NPLs1 - 3%; Defaulted loans - 1%) Average LTV of 62% on total book ► Average LTV of 71% on new mortgages UK mortgage book continues to perform in line with industry averages² 87% of mortgages originated since 2010 are standard owner occupier mortgages BTL book is well seasoned with 84% of these mortgages originated pre 2009 Average balance of Greater London mortgages is c.£196k. 89% of these mortgages have an average LTV <70% Other UK Customer Loans Analysis Other UK loans exposure of £8.2bn; Defaulted loans of £0.8bn with strong coverage ratios. Investment Property defaulted loans have decreased by 65% in the last 2 years Performing loans of £7.4bn; SME: broad sectoral diversification with low concentration risk Corporate: specialist lending teams in Acquisition Finance, Project Finance, and Corporate lending through a focussed sector strategy Investment Property: Retail (53%), Office (12%), Residential (16%) Other (19%) ► Consumer: largest segment is asset backed motor financing of £1.0bn (56%). Book also includes Post Office / AA branded credit cards and personal loans 'Non-performing loans includes defaulted loans plus probationary mortgages (i.e. primarily mortgages that were previously defaulted but which are no longer defaulted at the reporting date; the mortgages are awaiting the successful completion of a 12 month probation period) 2Data published by the Council Mortgage Lenders (CML) for September 2016 indicates that the proportion (1%) of the UK mortgage book in default remains aligned to the UK industry average of 1% 34
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