Investor Presentaiton

Corporate Reorganisation BOIG established in July 2017 Unchanged Corporate Structure New HoldCo 100% Bank of Ireland Group plc (BOIG) Bank of Ireland Group 100% AT1 Tier 2 Senior unsecured X Bank of Ireland O 100% The Governor and Company of the Bank of Ireland (GovCo) Senior unsecured New Ireland Assurance Company plc NEW IRELAND ANNURANCE 100% Bank of Ireland Mortgage Bank (BOIMB) Bank of Ireland (UK) plc Bank of Ireland Bank of Ireland UK For small steps, for big steps, for life Irish Covered Bonds (ACS) Capital/MREL Funding • • Resolution Authorities preferred resolution strategy for the Group consists of a Single Point of Entry (SPE) bail-in strategy through the Group holding company (BOIG) • • Transparent and well-defined resolution strategy in comparison to other jurisdictions BOIG introduced on top of the existing group structure supporting an SPE preferred resolution strategy No change to any of the Group's existing operating companies Bail-in at BOIG is the primary resolution tool. MREL requirements are expected to be met through junior and senior issuance from BOIG Losses are passed to BOIG on the write-down of intragroup assets. BOIG investors bear loss in accordance with the resolution² hierarchy. Resolution authorities required to apply the "No Creditor worse off" principle in application of the bail-in tool Funding requirements may also continue to be met, as required, through the issue of Irish Covered Bonds (ACS) by Bank of Ireland Mortgage Bank and senior unsecured issuance by GovCo Bank of Ireland Group 1100% shareholding via intermediate holding company 2Per Regulations 87 and 96 of the European Union (Bank Recovery and Resolution) Regulations 2015 16

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