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Investor Presentaiton

Subsidy of interest rate on new business and housing loans Group Financial Results for the six months ended 30 June 2020 1. Subsidy of interest rate of new Business Loans Subsidy of interest rate for new loans to self employed and businesses that were not "problematic”1 as at 31 December 2019 and were negatively impacted by COVID-19 Subsidised new loans for working capital needs and investments only (not be used to repay existing ones) Subsidy of interest rate for 4 years as follows: ○ up to 3.5% in the first two years 。 2% for SMEs and 1.5% for large corporates in years 3-4 Restriction so that staff reduction shall not exceed 2% of total employees as at the date of the Plan announcement (28 May 2020) Total aid per business must not exceed €800,000 • No ceiling on the loan amount Loan amount for which interest rate is subsidized cannot exceed: o The double of the annual wage bill of the business or 。 25% of the total turnover of the business in 2019 • Applicable to new business loans granted between 1 March 2020 and 31 December 2020 • Scheme subject to approval by European Commission 2. Subsidy of interest rate of new Housing Loans • Government subsidy of interest for 4 years up to 1.5% • Loan amount for which interest rate is subsidized cannot exceed €300,000 • Applicable to new housing loans granted between 1 March 2020 and 31 December 2020 • New housing loans cannot be used to repay existing ones 1) As defined in Article 2 (18) of the Commission Regulation (EU) No 651/2014; Please refer to https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32014R0651 Bank of Cyprus Holdings 46
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