2020 Results Announcement

Capital and liquidity Bank of Ireland 2020 Results Announcement Liquidity Dec 2019 Dec 2020 (€bn) (€bn) Customer loans Liquid assets Other assets Total assets 79 77 27 31 26 26 132 134 Customer deposits 84 89 Wholesale funding 11 9 . Shareholders' equity 10 9 Other liabilities 27 27 . Total liabilities 132 134 • TNAV per share €8.21 €7.32 Closing EUR/GBP FX rates 0.85 0.90 Dec 2019 Dec 2020 . Liquidity Coverage Ratio 138% 153% Net Stable Funding Ratio 131% 138% Funding and liquidity remains strong from stable customer deposits and MREL issuance Customer deposits: €88.6bn Growth of €4.6bn principally due to the impact of COVID-19 restrictions and lower consumer spending Wholesale funding: €8.8bn AT1 issuance of €975m during 2020 MREL ratio of 24.6% at Dec 2020 Jan 2022 interim MREL requirement 24.95%; Jan 2024 MREL requirement of c.28% MREL eligible senior debt issuance of c.€1bn - €2bn p.a. anticipated Leverage Ratio Fully Loaded Leverage Ratio: 6.4% Regulatory Leverage Ratio: 7.1% Tangible Net Asset Value Loan to Deposit Ratio 95% 86% • TNAV decreased to €7.32 Bank of Ireland 47

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