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Investor Presentaiton

Asset Quality Available for Sale Financial Assets Bank of Ireland Group ROI UK France Other Carrying Value €bn €bn €bn €bn Jun 16 €bn Dec 15 €bn Sovereign bonds 1.9 0.7 0.8 1.3 4.7 5.7 Senior debt 0.2 1.4 1.6 1.5 Covered bonds 0.3 0.7 0.6 1.8 3.4 2.2 Subordinated debt 0.3 0.3 0.3 Asset backed securities. IO 0.1 0.1 =7 0.2 0.4 Total AFS Reserve 2.5 1.5 1.6 4.6 10.2 10.1 0.4 0.4 0.5 Ireland ► AFS reserve reduced by €0.1bn in H1 2016, primarily due to bond sales during the period In June 2016, there was €1.5bn nominal value (€1.95bn fair value) of euro denominated Held to Maturity bonds with a carrying value of €1.9bn NAMA subordinated bond - €0.3bn nominal value, valued at 94% (Dec 15 - 96%) Separately, BOI holds €0.8bn of NAMA senior bonds (Dec 15: €1.4bn) Other exposures Supra-national - €1.3bn Spain - €0.7bn Belgium - €0.6bn Netherlands - €0.4bn Sweden €0.4bn Canada - €0.3bn Italy - €0.2bn Norway €0.2bn Other €0.5bn (all less than €0.1bn) 37
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