Investor Presentaiton

ROI Mortgages: €23.7bn New Lending volumes and Market Share 28% 27% 26% 24% ROI Mortgages (gross) 28% €24.3bn €24.1bn €23.7bn €5.3bn €7.3bn €8.6bn €7.2bn €5.8bn €4.7bn €1.2bn €1.0bn €0.8bn €0.8bn €0.6bn H1 2016 H2 2016 H1 2017 New Lending Volumes¹ H2 2017 Market Share H1 2018 Pricing strategy €11.8bn €10.9bn €10.4bn Dec 16 Dec 17 Tracker Variable Rates Fixed Rates Jun 18 • Fixed rate led mortgage pricing strategy which provides value, certainty and stability to our customers and to the Group • Fixed rate products accounted for c.92% of our new lending in H1 2018, up from c.30% in 2014 Distribution strategy • Market share of 28% in H1 2018 in line with H2 2017 • Expect to re-enter the Irish mortgage broker market in H2 2018 Wider proposition • 7 in 10 ROI customers who take out a new mortgage take out a life assurance policy through BOI Group 3 in 10 ROI customers who take out a new mortgage take out a general insurance policy through BOI Group with insurance partners LTV profile Average LTV of 61% on existing mortgage stock at June 2018 (Dec 17: 63%, Dec 16: 72%) • Average LTV of 73% on new mortgages in H1 2018 (Dec 17: 69% 2, Dec 16: 67%²) Tracker mortgages • €9.8bn or 94% of trackers at June 18 are on a capital and interest repayment basis • 79% of trackers are Owner Occupier mortgages; 21% of trackers are Buy to Let mortgages • Loan asset spread on ECB tracker mortgages was c.66bps³ in H1 2018 Bank of Ireland Group ¹Excluding portfolio acquisitions (H1 2016 - €0.1bn; H2 2016 - €0.1bn; H1 2017 - Nil; H2 2017 - €0.1bn; H1 2018 - Nil) 2LTV on new business includes the impact of the portfolio acquisitions ³Average customer pay rate of 109bps less Group average cost of funds in H1 2018 of 43bps 32

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