Investor Presentaiton

Group Financial Results for the year ended 31 December 2020 Timely and strong response by the Government of Cyprus Comprehensive and far reaching measures to support performing businesses and the wider economy 2021 • Additional package of measures of c. €350 €400 mn for the support of the businesses and the self employed launched in Jan 2021, including: 2020 • Fiscal measures of c.€850 mn¹ accounting for c.4.1%¹ of GDP launched in 2020, including: • Moratorium of loan instalment for 9 months until Dec 2020 • • • Subsidy plan for businesses and self employed impacted by lockdowns: . Coverage of rents and other operational expenses • c.30,000 businesses expected to benefit Second loan moratorium for business and private individuals impacted by the second lockdown up to 30 Jun 2021 Eligible borrowers entitled to total moratorium of up to 9 months, inclusive of any time spent on moratorium during 2020 Extension of subsidy of interest rate of new business and housing loans • Subsidy of interest rate for 4 years Application deadline extended to 31 Dec 2021 Employment compensation schemes for businesses impacted by the second lockdown to protect jobs and avoid layoffs • €1.0 bn of government funding raised in Feb 2021 • Liquidity support to businesses and households • Employment compensation schemes for businesses impacted by COVID-19, to protect jobs and avoid layoffs • • Subsidy of interest rate of new Business and Housing Loans Financing of SMEs through CYPEF1 (€800 mn) • €3.0 bn of government funding raised in Apr 2020; vote of confidence to the Cypriot economy European Authorities measures-Implications for Cyprus • • . EU Recovery Fund (€2.4 bn) Pan-European Guarantee Fund (PEGF) (€300-€400 mn) EU SURE Programme (€479 mn) Access to ESM's Pandemic Crisis Support through the Enhanced Conditions Credit Line, for c.€440 mn (2% of GDP) 1) Estimation of Bank of Cyprus' Economic Research Department Bank of Cyprus Holdings 8

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