GTCO Financial Results

Strong Capital Ratios - Group and Parent The Group continued to maintain strong capital positions with Full and Transitional IFRS 9 impact Capital Adequacy Ratio (CAR) of 23.8% and 25.4% respectively, 883bps above the regulatory minimum of 15%. Tier 1 capital remained a very significant component of the Group's CAR standing at 23.0% representing 97% of the Group's Full IFRS 9 impact CAR of 23.8% The robust Capital position provides headroom for the Group to meet future expansion and capacity for additional risk taking. The Group's Capital has been sensitized for Basel III compliance and found robust enough to meet the requirements for additional capital for conservation and Counter cyclical buffers. Capital Adequacy Computation (Basel II) Net Tier 1 Capital Net Tier 2 Capital In Millions of Naira 25.68% 23.39% 22.51% 25.90% 23.83% 25.40% Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-21* Group Transitional IFRS 9 Impact Full IFRS 9 Impact Regulatory Capital (Group) - Tier 1 & 2 (\\'Bn) Dec. 21 Dec. 20 Dec. 21 769,938 785,197 24,239 794,177 24,950 810,147 704,447 24,239 728,686 Dec. 20 702,429 24,950 727,379 CAGR 14.7% 728.6 727.4 554.2 Total Regulatory Capital Risk Weighted Assets for: Credit Risk 2,495,964 Operational Risk 612,312 Market Risk 15,214 Aggregate Risk Weighted Assets 3,123,491 2,272,857 589,712 10,998 2,873,567 2,430,474 612,312 15,214 3,058,000 2,207,366 589,712 10,998 2,808,076 Capital Adequacy Ratio: Tier 1 Risk Weighted Tier 2 Risk Weighted 24.65% 0.78% 27.32% 0.87% 23.04% 0.79% 25.01% 0.89% Dec. 2019 Dec. 2020 Dec. 2021 Total Risk Weighted Capital Ratio 25.43% 28.19% 23.83% 25.90% * Transitional IFRS 9 Arrangement CAR 24

View entire presentation