2022 Interim Results - Debt Investor Presentation

Green Bond Framework Bank of Ireland 2022 Interim Results - Debt Investor Presentation Green Bonds are an important part of the Group's Responsible and Sustainable Business Strategy as we look to finance our customers' transition to the low carbon economy and take an active role in combating climate change through sustainable finance. Key Features Green Bond Framework Pillars 2 . Aligned to the Green Bond Principles published by ICMA in 2018 1 Use of Proceeds • An amount equivalent • Second Party Opinion provided by Sustainalytics • The Group will allocate an equivalent amount • . of the net proceeds to lending to eligible Green assets The Framework caters for secured, senior and subordinated issuance A 'lookback' period of 36 months has been applied to the Green Eligible Assets Portfolio ESG Ratings SUSTAINALYTICS MSCI CDP DRIVING SUSTAINABLE ECONOMIES ESG Risk rating 21.5 (Medium Risk). Places the Group in the top 26th percentile of Banks (Industry Group) BBB (average) B (management level) S&P Global 49 3 to net proceeds will be allocated to finance/ refinance: Green Buildings & Energy Efficiency Renewable Energy Clean Transportation Management of Proceeds Net proceeds will be managed on a portfolio basis . The Group will ensure that the balance of the Green Eligible Assets Portfolio matches or exceeds the total balance of Green bonds outstanding 4 Project Evaluation and Selection Criteria Green Bond Working Group is responsible for the evaluation and selection of assets for inclusion in the Green Eligible Assets Portfolio The portfolio is reviewed on a quarterly basis with loans no longer meeting eligibility criteria being removed Reporting & External Review Allocation Report - is published alongside independent external verification Impact Report - the Group provides investors with an impact report on the assets within the Green Eligible Assets Portfolio First published in March 2022 and annually thereafter Bank of Ireland 34

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