Investor Presentaiton

Profitability Risk adjusted yield will rise as Legacy book reduces Non- Legacy Legacy Group FY20020 FY2020 FY2020 Interest Income on loans (€ 292 77 369 mn) (pre FTP) Loan credit losses (€ mn)³ (27) (122) (149) Interest Income net of loan 265 (45) 220 credit losses (€ mn) • Cost of Risk 0.30% 3.61% 1.18% • Effective Yield 3.26% 4.93% 3.51% Risk adjusted Yield¹ 2.96% (2.87%) 2.10% Capital & balance Sheet Average Net Loans (€ mn) RWA Intensity² 8,945 1,557 10,502 48% 106% 54% Global corporate, RRD Corporate IB, W&M SME and Retail Banking REMU Overseas non core 1) Interest Income on loans net of allowance for expected loan credit losses/ Average Net Loans 2) Risk Weighted Assets over Total Assets 3) Group Financial Results for the year ended 31 December 2020 Non-Legacy Book is expected to grow and to increasingly drive Group results Legacy book revenues predominantly driven by loan credit losses unwinding (but offset via loan credit losses) Interest on Net NPEs not received in cash, fully provided (€13 mn in 4Q2020) As Legacy book reduces: • Group risk adjusted yield expected to rise Group Risk intensity expected to fall supporting CET1 ratio build A reclassification of €12 mn between legacy and non legacy loan credit losses for the 9M2020 was performed to align with the presentation on slide 78 of the 9M2020 FR presentation hence bringing the total credit losses for the FY2020 of the non-legacy book to €18 mn and the legacy book to €100 mn Bank of Cyprus Holdings 58

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