Investor Presentaiton

Clear strategy for residual NPES Group NPES (€ bn) Re-performing 3.47 0.35 NPES Group Financial Results for the six months ended 30 June 2020 Re-performing NPEs¹: €0.30 bn² Close monitoring of redefaults & quality of restructurings c. €275 mn re-performing NPEs applied to the loan moratorium scheme, extending their exit date Core NPES: €2.28 bn² 2.58 • 0.30 2.04 Retail SME 0.61 Corporate 0.47 30 Jun 2020 1.56 0.35 0.37 30 Jun 2020 pro forma for Helix 2 2 €2.28 bn • • • Sale of €886 mn mainly Retail and SME secured NPES (Helix 2) expected to be completed in 1H2021 Completion of sale of €133 mn retail unsecured NPEs (Velocity 2) in 2Q2020 Following COVID-19 outbreak, focus on arresting any potential asset quality deterioration and early managing of arrears Continue to seek organic solutions, including the realisation of collateral via consensual and non consensual foreclosures Remain committed to assessing the potential to accelerate the decrease in NPES through additional sales of NPEs in the future (1) In pipeline to exit NPEs subject to meet all exit criteria; the analysis is performed on a customer basis (formerly called Non-core NPEs) (2) Calculations on a pro forma basis assume completion of the transaction Bank of Cyprus Holdings 34

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