Investor Presentation March 2019

ROBUST CASH FLOW IN 2018 Cash flow development EUR m 2017 352.9 295.9 Free cash flow impacted by special effects: BAWAG special payment of EUR 107.0m includes services of EUR 37.0m rendered in the reporting period and special effects of EUR 70.0m Increased maintenance and growth CAPEX (EUR 139.4m vs. EUR 102.1m) +17.3 231.9 -81.3 158.4 -58.1 -15.4 Gross cash flow Cash flow from operating Maintenance CAPEX Other activities Free CF before acquisitions/ securities and Growth CAPEX 3 growth CAPEX Acquisitions/ changes in securities/ Various Free cash flow 316.6 248.81 -77.8 +0.4 171.42 -24.3 -0.61 146.6 1 Cash flow from operating activities and the acquisitions/changes in securities are adjusted for the effect of temporary cash holdings not yet transferred to customers. 2 Free cash flow before acquisitions/securities and CAPEX new corporate headquarters, adjusted for the effect of temporary cash holdings not yet transferred to customers. 3 2017: CAPEX new corporate headquarters; 2018 incl. remaining payment for "Post am Rochus" INVESTOR PRESENTATION Investor Relations Vienna, March 14, 2019 34

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