Investor Presentaiton

Group Financial Results for the six months ended 30 June 2020 Timely and strong response by the Government of Cyprus Key Highlights: • Immediate introduction of fiscal measures1 • Liquidity support to businesses and households Prevention of sharp rise in unemployment • A large and wide-ranging package of financial measures • €3.0 bn of funding raised in April 2020; vote of confidence to the Cypriot economy • Issuance of €1.75 bn of 7 year and 30 year Eurobonds Issuance of €1.25 bn of 52-week treasury bills Measures announced in March 2020 include: • Moratorium of loan instalments for 9 months • Capital and interest • Available for all customers (businesses and private individuals) with less than 30 days past due as at 29 Feb 2020 Suspension of the added contribution to the National Health System for 3 months Employment compensation schemes for businesses impacted by COVID-19, to protect jobs and avoid layoffs >50% of private sector employees (220,000) and c.40,000 self- employed workers expected to benefit Additional measures announced in May 2020 include: Liquidity support to small business and self employed . • covering part of the operating expenses like rent, supplier payments, etc >36,000 small businesses and self employed expected to benefit Tax incentives for the reduction of rent, on a voluntary basis Liquidity support to agricultural businesses • Temporary suspension of VAT payments for 3 months² (1) For further information, please refer to the Market Update published by the Ministry of Finance: https://www.mof.gov.cy/mof/pdmo/pdmo.nsf/6B8C5026F3AE168BC2258345003BAFEF/$file/Market%20Communication%2006%20April%202020.pdf (2) For tax periods ending February, March and April, 2020. It involves all companies, without imposing any charges or additional tax. It is noted that arrangements will be made so that the debts will be paid progressively until November 10, 2020 with the exception of companies that do not have liquidity problems such as pharmacies, supermarkets, etc. Bank of Cyprus Holdings 45

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