Investor Presentaiton

1) 2) Capital Management with CET1>13% Aim for more efficient capital usage, including growing non-capital intensive fee generating business • Reduce high intensity RWA in the legacy book • Performing loan growth to lead to business RWA growth • Volatility due to timing of potential future impacts from regulatory changes and one-off restructuring costs Tailwinds Organic capital generation, supported by focus on less capital intensive businesses Reduce high intensity legacy RWA Helix 2 benefit upon full payment of deferred consideration Headwinds IFRS 9 phasing-in Regulatory impacts One-off cost optimisation charges € bn 17.2 Group Financial Results for the nine months ended 30 September 2020 Legacy RWAs 12.9 7.4 11.9 110% 3.4 103% 3.1 105% Non legacy RWAs 9.8 58% 9.5 53% 8.8 47% Dec 2017 Dec 2019 Sep 2020 RWA intensity Planning assumption of CET1 ratio >13% 2 CET1 ratio 14.7% Sep 20201 3 Min. regulatory requirements 9.7% Pro forma for Helix 2: calculations on pro forma basis assume completion of the transaction Allowing for IFRS 9 and temporary treatment for certain FVOCI instruments transitional arrangements OCR(SREP)- Overall Capital Requirement comprises the Total SREP Capital Requirement (Pillar 1 and Pillar 2 Requirement) plus combined buffer requirements (capital conservation buffer, countercyclical buffer and systemic buffers) 3) Bank of Cyprus Holdings 45

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