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Bank of Cyprus Credit Ratings and Financial Position

Robust liquidity position; surplus liquidity of €7.4 bn Diversified, mainly Retail funded deposit base Group deposits deposits Highly liquid balance sheet Liquid assets 59% insured 5% 21% 60% €19.0 bn 14% SMEs Retail Corporate IBS1 3% • Sticky deposit base • 59% insured deposits • 60% Retail • Average size of Retail deposits: c.€27k 4% 78% 19% 16% €12.4 bn 58% • of liquid assets held in Cash balances with Central banks TLTRO proceeds Placements with Banks Amortised cost bonds FVOCI bonds Liquidity ratios historically significantly above minimum requirements 296% 299% 300% 291% 303% 248% 160% 160% 168% 160% 145% 1Q2022 2Q2022 3Q2022 4Q2022 1Q2023 LCR NSFR 1Q2023 LCR (excluding TLTRO III) 100% minimum requirement • Strong liquidity ratios • • • LCR ratio of 303% (248% when excluding TLTRO III) Surplus liquidity of €7.4 bn (€5.4 bn when excluding TLTRO III Cash, balances with Central Banks of €9.2 bn Highly rated fixed income portfolio of low average duration • Prudent interest rate risk management; majority of positions in FVOCI² book hedged for interest rate risk 1) 2) • Amortised cost portfolio with low average duration and high average rating of A1 or at Aa3 when Cyprus government bonds are excluded (refer to slide 14) International Business Services: servicing exclusively international activity companies registered in Cyprus and abroad and non residents Investments classified as fair value through other comprehensive income 11

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