Slides
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Bank of Cyprus Group GROUP FINANCIAL RESULTS For the nine months ended 30 September 2026
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Disclaimer 2 The financial information included in this presentation including the interim Condensed Consolidated Financial Statements for the nine months ended 30 September 2026 has not been audited by the Group’s external auditors. This financial information is presented in Euro (€) and all amounts are rounded as indicated. A comma is used to separate thousands and a dot is used to separate decimals. Important Notice Regarding Additional Information Contained in the Investor Presentation The presentation for the Group Financial Results for the nine months ended 30 September 2026 (the “Investor Presentation”), available on https://bankofcyprus.com/en- gb/group/investor-relations/reports-presentations/financial-results/, includes additional financial information not presented within the Group Financial Results Press Release (the “Press Release”), primarily relating to (i) NPE analysis (movements by segments and customer type), (ii) rescheduled loans analysis, (iii) details of historic restructuring activity including REMU activity, (iv) income statement by business line, (v) interest income/expense analysis, (vi) net interest income sensitivities, (vii) loan portfolio analysis in accordance with the three-stages model for impairment of IFRS 9, (viii) fixed income portfolio per issuer type and (ix) income statement of insurance and payment solutions business. Except in relation to any non-IFRS measure, the financial information contained in the Investor Presentation has been prepared in accordance with the Group’s significant accounting policies as described in the Group’s Annual Financial Report 2025 and updated in the Interim Financial Report 2026. The Investor Presentation should be read in conjunction with the information contained in the Press Release and neither the financial information in the Press Release nor in the Investor Presentation constitutes statutory financial statements prepared in accordance with International Financial Reporting Standards. Forward Looking Statements This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of Bank of Cyprus Holdings plc and its subsidiaries (collectively, the “Group”) and its current goals and expectations relating to its future financial condition and performance, the markets in which it operates and its future capital requirements. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements can usually be identified by terms used such as “achieve”, “aim”, “anticipate”, “assume”, “believe”, “continue”, “could”, “estimate”, “expect”, “goal”, “intend”, “may”, “project”, “plan”, “seek”, “should”, “target”, “will” or similar expressions or variations thereof or their negative variations, but their absence does not mean that a statement is not forward looking. Forward-looking statements can be made in writing but also may be made verbally by directors, officers and employees of the Group (including during management presentations) in connection with this document. Examples of forward-looking statements include, but are not limited to, statements relating to the Group’s near term, medium term and longer term future capital requirements and ratios, intentions, beliefs or current expectations and projections about the Group’s future results of operations, financial condition, expected impairment charges, the level of the Group’s assets, liquidity, performance, prospects, anticipated growth, provisions, impairments, business strategies and opportunities. By their nature, forward-looking statements involve risk and uncertainty because they relate to events, and depend upon circumstances, that will or may occur in the future. Factors that could cause actual business, strategy and/or results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward looking statements made by the Group include, but are not limited to: general economic and political conditions in Cyprus and other European Union (EU) Member States. Globally, factors that may impact the Group include interest rate and foreign exchange fluctuations, legislative, fiscal and regulatory developments, litigation and other operational risks, adverse market conditions, geopolitical developments, imposed and threatened tariffs and changes to global trade policies, acts of hostility or terrorism and response to those acts or other such events, emerging technologies, including information technology, artificial intelligence, technological changes and risks to the security of IT and operational infrastructure, systems, data and information resulting from increased threat of cyber and other attacks and the impact of outbreaks, epidemics or pandemics. These factors may have significant adverse effects on the market and macroeconomic conditions, including in ways that cannot be anticipated. This creates significantly greater uncertainty about forward-looking statements. Should any one or more of these or other factors materialise, or should any underlying assumptions prove to be incorrect, the actual results or events could differ materially from those currently being anticipated as reflected in such forward-looking statements. The forward-looking statements made in this document are only applicable as at the date of publication of this document. Except as required by any applicable law or regulation, the Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained in this document to reflect any change in the Group’s expectations or any change in events, conditions or circumstances on which any statement is based. Changes in our reporting frameworks and accounting standards may have a material impact on the way we prepare our financial statements. In setting future targets and outlook, the Group has made certain assumptions about the macroeconomic environment and the Group’s businesses, which are subject to change.
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01 9M2026 Financial Performance 02 ESG update 03 Appendix 3 Contents
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01 9M2026 Financial Performance 4
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Why Bank of Cyprus 5 Diversified & Sustainable Profitability • Digitally focused franchise, integrated bank- insurance-payment offering • High share of capital-light, recurring non-interest income Supportive Macro • Faster growth than Euro area average, and resilient to external shocks • Cyprus is a regional business and tech hub Leading Position in Banking and Broader Financial Services • #1-2 positions across banking, insurance and payment solutions in Cyprus • Operating in a highly liquid and consolidated banking sector Strong Capital Generation & Ongoing Distribution Capacity • One of the best capitalised and most capital generative banks in Europe • Interim dividend of €0.24 per share (44% payout ratio) paid in October 2026 • Targeting payout ratio up to 90%1 for 2026 and up to 100%1 p.a. for 2027-2028 TARGET Sustainable mid-teens ROTE & ROTE >20% on 15% CET1 ratio for 2027-2028 Refer to Footnotes slides 70-74
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A diversified, service-based economy Structure of Cypriot economy in 2025 (% of GVA) Robust and growing Cypriot economy amid ongoing global uncertainties Inflation of 4.0% expected in 2026, driven by heightened energy prices Cyprus HICP2 index (yoy % change) Strong economic prospects for 2026, outpacing Euro area average forecasts Real GDP (yoy % change) 6 1 1 15% 13% 11%9% 9% 8% 7% 7% 6% 6% ICT Real Estate Accommodation 5% 4% Primary & Secondary Trade • Increased contribution from ICT sector at 15% (vs 7% in 2018) • 87% of the economy is tertiary-based 8.9% 6.0% 6.6% 4.8% 3.0% 3.3% 3.1% 3.7% 0.4% 1.3% 1.2% 0.6% 1.2% 0.9% -6.0% -1.0% 4.0% 9.0% 14.0% 2022 2023 2024 2025 1Q2026 2Q2026 2026e Cyprus Euro area 3.9% 2.3% 0.8% 1.2% 3.5% 4.9% 4.0% 5.4% 2.4% 2.1% 2.1% 3.0% 3.3% 3.0% 2023 2024 2025 1Q2026 2Q2026 3Q2026 2026e Cyprus Euro area 6 Strong sovereign rating, 4 notches above investment grade S&P BBB- BBB+ A AA AA-A+ BBB BB AA+ A BBB+ BBB A+ AA+ Dec 21 Apr 22 Jul 22 Sep 22 Dec 22 Mar 23 Jun 23 Sep 23 Dec 23 Mar 24 Jun 24 Sep 24 Dec 24 Mar 25 Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 Cyprus Portugal Italy Spain Greece Ireland Investment grade 1H26: 3.2% 9M26: 3.2% Recently upgraded from c.2.5% Refer to Footnotes slides 70-74
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Tourism recovering towards record 2025 levels Tourist arrivals (k) Strong fiscal foundations and key enablers 7 Public debt to GDP ratio for Cyprus decreased to 49% As at 30 June 2026 Greece Italy France Spain Portugal Euro area Germany Cyprus Ireland 141% 140% 119% 101% 93% 89% 63% 49% 35% Budget surpluses since 2022 Budget surplus as % of GDP -1.6% 2.6% 1.7% 4.3% 3.3% 4.1% 2.8% 2021 2022 2023 2024 2025 Aug 2026 2026e Low unemployment rate Unemployment rate - yearly average 7.2% 6.3% 5.8% 4.8% 4.4% 3.7% 3.7% 3.8% 7.7% 6.7% 6.5% 6.4% 6.4% 6.3% 6.4% 6.4% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 9.00% 2021 2022 2023 2024 2025 1Q2026 2Q2026 2026e Cyprus Euro area 1 9M2024 9M2025 9M2026 3,268 3,605 3,402 -6% Source: Cystat Tourist revenue (€mn) 1 Refer to Footnotes slides 70-74 8M2024 8M2025 8M2026 2,121 2,473 2,320 -6%
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3Q2026 Strong performance continues Net release of 20 bps in cost of risk, on customer-specific reversals and improved macro (bps) Low cost to income ratio1 at 35% on continued cost discipline and high revenues NII increased to €196 mn on rate rises and volume growth (€ mn) Profit flat qoq at €131 mn (€ mn) 8 118 128 121 131 131 3Q2025 4Q2025 1Q2026 2Q2026 3Q2026 180 183 181 188 196 3Q2025 4Q2025 1Q2026 2Q2026 3Q2026 Average ECB Deposit rate 35% 42% 37% 36% 35% 3Q2025 4Q2025 1Q2026 2Q2026 3Q2026 33 26 -17 -6 -20 3Q2025 4Q2025 1Q2026 2Q2026 3Q2026 2.0% 2.0% 2.0% 2.0% 2.3% Refer to Footnotes slides 70-74 Charge Reversal
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Interim dividend of c.€105 mn Cash dividend (€) Interim dividend of €0.24 per ordinary share paid in October 9 Establishing a strong track record of attractive returns Payout ratio 2022 2023 2024 2025 2026 14% 30% 50% 70% Up to 90%1 2022 2023 2024 0.50 0.20 2025 1H2026 0.05 0.25 0.48 0.70 Interim dividendFinal cash dividend • Interim dividend at 44% payout ratio (€105 mn) paid in October 2026 out of 1H2026 earnings; €0.24 per ordinary share, up 20% yoy • €0.74 cash dividend per ordinary share paid in 2026 40% 44% Interim dividend 0.20 0.24 Ordinary dividend at 70% Top-up Refer to Footnotes slides 70-74 22 137 241 305Total distribution (€ mn) 105
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Sustainable growth of shareholder value 10Refer to Footnotes slides 70-74 High-teens ROTE in 3Q2026 on high capital base 3Q2025 4Q2025 1Q2026 2Q2026 3Q2026 18.5% 19.4% 18.0% 19.2% 19.4% ROTE (reported) 27.2%25.9% 27.7% 26.5% 27.9% ROTE on 15% CET1 ratio Growing TBV per share 0.05 3.88 Dec 22 0.25 4.68 Dec 23 0.48 5.29 Dec 24 0.70 5.60 Dec 25 0.24 6.21 Sep 26 TBV and dividend per share Well-capitalised with strong organic capital generation3 p.a. Dec 23 Dec 24 Dec 25 Sep 26 17.4% 19.2% 21.0% 20.6% CET1 ratio Organic capital generation3 (bps) 445 445 436 341 1 Cash dividend per share TBV per share 2
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Upgraded ROTE to high-teens for 2026 9M2026 2026 (Updated) 2026 (Mar 2026 – Investor day) 2027 – 2028 (Mar 2026 – Investor day) ROTE 18.9% High-teens Mid-teens Mid-teens ROTE ON 15% CET1 RATIO 27.2% Unchanged >20% >20% DISTRIBUTIONS PAYOUT1 UnchangedOrdinary €0.24 per share Interim dividend paid 70% 70% p.a. Top-up Up to 20%2 Up to 30%2 p.a. To be assessed annually ORGANIC CAPITAL GENERATION3 341 bps >400 bps 350-400 bps p.a. Supported by: Cost to income ratio4 36% <40% c.40% p.a. Cost of risk Net release of 14 bps Small net releases At lower end of normalised cost of risk 40-50 bps p.a. 11Refer to Footnotes slides 70-74
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Acquisition of performing loans and deposits of CDB completed in October 2026 Acquisition of Performing Loan and Deposit portfolio of CDB Bank c.€130 mn Performing loan book Mainly Corporate/SME c.€440 mn Deposits • Consideration at nearly par • Limited impact on Group’s CET1 ratio of c.(30) bps • Accelerates balance sheet growth • Strengthens customer base • Modest positive impact on profitability 12
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9M2026 highlights Refer to Footnotes slides 70-74 13 Profit after tax €383 mn ROTE 18.9% Interim dividend paid €105 mn Gross performing loans +7% ytd +9% yoy Deposits +6% ytd +9% yoy STRONG VOLUME GROWTH • Gross performing loans at €11.6 bn, up 7% ytd and 9% yoy • Mainly retail deposit base at €23.5 bn, up 6% ytd and 9% yoy ATTRACTIVE PROFITABILITY • Profit after tax of €383 mn1, of which €131 mn1 in 3Q2026, flat qoq • Basic earnings per share of €0.88, up 9% yoy • Cost to income ratio2 at 36% LIQUID, RESILIENT BALANCE SHEET • Net release of 14 bps in cost of risk driven by customer-specific reversals • NPE ratio at 1.0% ROBUST CAPITAL & DISTRIBUTIONS • CET1 ratio at 20.6%3 and Total Capital ratio at 25.2%3 • Organic capital generation4 of 341 bps • 2026 Interim dividend of €0.24 per ordinary share paid in October 2026 BOLT-ON ACQUISITION • Completion of acquisition of c.€130 mn performing loans and c.€440 mn deposits from CDB in October 2026
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Income statement 14 Key ratios 9M2026 9M2025 Δ yoy 3Q2026 2Q2026 Δ qoq ROTE 18.9% 18.4% 0.5 p.p. 19.4% 19.2% 0.2 p.p. ROTE on 15% CET1 ratio 27.2% 25.9% 1.3 p.p. 27.2% 27.9% -0.7 p.p. EPS (€) 0.88 0.81 0.07 0.30 0.30 - € mn 9M2026 9M2025 yoy% 3Q2026 2Q2026 qoq% Net interest income 565 548 3% 196 188 4% Recurring non-interest income 201 181 10% 69 67 3% Other non-interest income 19 38 -48% 5 10 -50% Total income 785 767 2% 270 265 2% Total operating expenses (281) (272) 3% (95) (95) -1% Operating profit 504 495 2% 175 170 3% Special levies on deposits and other levies/ contributions (37) (29) 29% (14) (9) 64% Provisions and impairments net of reversals (7) (49) -85% (1) (7) -93% Profit before tax 460 417 10% 160 154 4% Tax (75) (62) 20% (28) (22) 25% Profit after tax 383 353 9% 131 131 1% Adjusted recurring 370 340 9% 131 118 12%
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Total liabilities & equity (€ bn) Total assets (€ bn) Highly liquid, customer-funded and growing balance sheet 15 • 43% linked with Euribor • 18% linked with Bank’s base rate2 (‘natural hedging’ of time & notice deposits cost) • 14% fixed rate loans3 • 10% linked with ECB MRO rate AIEA1 9M2026 2.0 0.4 10.8 5.3 1.6 0.6 7.9 Dec 25 Sep 26 Other assets REMU repossessed properties Net loans Securities Reverse repos Due from banks Cash, balances with Central Banks 28.6 30.0 7.5 0.7 1.8 6.1 11.6 0.3 2.0 29% 21% 6% 42% Cash, balances with Central Banks 2% Placements with banks Fixed income portfolioReverse repos Net loans €26.6 bn 1.7 2.9 1.4 0.4 22.2 Dec 25 Sep 26 Other Equity (incl AT1) Wholesale Due to banks Customer deposits 28.6 30.0 23.5 0.4 1.2 3.0 1.9 Refer to Footnotes slides 70-74
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Quarterly NII growth underpinned by rate and volume growth 16 9M2026 NII of €565 mn up 3% yoy as: • strong volume growth on loans and fixed income more than offsets lower interest rates 3Q2026 NII up 4% qoq supported by: • loan and liquid-asset repricing at higher rates • volume growth on loans and deposits 2% qoq growth in AIEA2 driven by 3% deposit growth Healthy volume growth in AIEA2 (€ bn) NII up 4% qoq to €196 mn 298 284 NII NIM1 (bps) (€ mn) 4.8 9.6 10.6 3Q2025 5.0 10.0 10.7 4Q2025 5.5 9.7 11.2 2Q2026 5.7 9.9 11.5 3Q2026 25.0 25.7 26.4 27.1 +2% qoq Fixed income portfolio Liquids Net loans 21% 37% 42% % of total AIEA 548 565 9M2025 9M2026 +3% yoy 2.3% 2.1%Average ECB Deposit rate Refer to Footnotes slides 70-74 180 183 181 188 196 3Q2025 4Q2025 1Q2026 2Q2026 3Q2026 +4% qoq 286 283 281 285 287 OUTLOOK: FY2026 NII at c.€765 mn on faster and higher interest rate increases and strong volume growth 2.0% 2.0% 2.0% 2.0% 2.3%
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NII sensitivity to parallel shift in interest rates (annualised)3 Maintaining hedging activity to manage NII sensitivity 17 Hedging (€ bn) Sep 25 Dec 25 Jun 26 Sep 26 Receive fixed IRSs1 on non- maturing deposits 4.1 5.0 5.0 5.1 Receive fixed IRSs1 on wholesale funding 1.3 1.3 1.2 1.2 Reverse repos2 1.0 1.0 1.0 1.0 Fixed rate bonds 4.5 4.8 5.2 5.6 Total 10.9 12.1 12.5 12.9 Average fixed rate 2.61% Refer to Footnotes slides 70-74 €0.8 bn net hedging in 9M2026, totalling €12.9 bn; covering 47% of interest-earning assets (vs 43% at 30 September 2025) Weighted average yield of new IRSs in 3Q2026: 2.82% (vs 2.69% in 2Q2026) €1.6 bn fixed rate loans4 (14% of loan book) €2.1 bn base rate loans5; natural hedging of 46% of household Time & Notice deposits Continuous dynamic management of balance sheet, subject to market conditions Dec 22 Dec 25 Sep 26 +/-25 bps Sensitivity/Total NII c.€31 mn 8% c.€16 mn 2% c.€17 mn 2% -€14 mn since Dec 2022
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Deposits at €23.5 bn, up 9% yoy and 6% ytd (€ bn) Sep 25 Dec 25 Jun 26 Sep 26 21.5 22.2 22.8 23.5 6.7 14.8 6.8 15.4 6.9 15.9 7.3 16.2 +9% yoy +6% ytd Diversified, mainly retail-funded deposit base Growing deposit base; broadly stable mix and low pricing 18 Low loan-to-deposit ratio2 Cost of deposits at 32 bps, up 4 bps qoq Savings, Current & Demand Time & Notice 31% 30% 112 108 100 88 80 79 80 80 90 2 1 4 1 3 3 3 5 5 3Q2024 4Q2024 1Q2025 2Q2025 3Q2025 4Q2025 1Q2026 2Q2026 3Q2026 Time & Notice Savings, Current & Demand Cost of Deposits1 (bps) 3227 27 99% 90% 67% 64% 63% 49% 28 30% 20% 14% 60% 6% €23.5 bn Group deposits Average size of Retail deposits: c.€32k SMEs Retail Corporate IBU 31% Refer to Footnotes slides 70-74 2935343534
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Strong new lending of €2.4 bn in 9M2026, up 9% yoy, with growth across all business lines 19 Refer to Footnotes slides 70-74 New lending of €803 mn in 3Q2026 (€ mn) 249 209 345 300 345 51 66 76 62 64136 162 135 162 15171 73 95 87 70128 252 178 201 173 3Q2025 4Q2025 1Q2026 2Q2026 3Q2026 635 762 829 812 803 +26% yoy New lending of €2.4 bn (€ mn) New lending up 26% yoy in 3Q2026 and up 9% yoy in 9M2026 Strong track record of repayment capability: >99% of new exposures1 in Cyprus since 2016 are performing Prudent underwriting standards maintained Corporate SME Retail Housing Retail other International 958 990 192 202 391 448 241 252 455 552 9M2025 9M2026 yoy% 2,237 2,444 +9% yoy 19 +11% +4% +21%
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Broad-based growth in performing loans, up 9% yoy and 7% ytd 20 Refer to Footnotes slides 70-74 International loan book (€ bn) Broad-based expansion of domestic loan book (€ bn) Effective yield on performing loans (bps) Gross performing loans1 (€ bn) 1.19 9.52 Sep 25 1.36 9.51 Dec 25 1.53 9.87 Jun 26 1.60 10.05 Sep 26 2.3% 4.9% Contribution to ytd growth 10.71 10.87 11.40 11.65 +9% yoy +7% ytd International Domestic 484 458 440 434 434 436 443 1Q2025 2Q2025 3Q2025 4Q2025 1Q2026 2Q2026 3Q2026 Syndicated loans Shipping International CorporateCorporate SME Retail Housing Retail other 1.09 3.64 0.98 3.81 Sep 25 1.09 3.71 0.99 3.72 Dec 25 1.14 3.81 0.99 3.93 Jun 26 1.15 3.87 0.99 4.04 Sep 26 ytd 9.52 9.51 9.87 10.05 +6% yoy +6% ytd 0.26 0.33 0.60 Sep 25 0.26 0.36 0.74 Dec 25 0.42 0.41 0.70 Jun 26 0.42 0.44 0.74 Sep 26 % of international portfolio 1.19 1.36 1.53 1.60 26% 28% 46% Retail +5% Business +7% Gross performing loans up 7% ytd driven mainly by domestic demand Effective yield on performing loans up 7 bps qoq to 443 bps as loans reprice to higher rates on increasing interest rates Acquisition of c.€130 mn performing loans from CDB completed in 4Q2026 OUTLOOK FY2026 loan growth of high single digit, excluding CDB acquisition
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Fixed income portfolio at 20% of total assets, up 15% ytd 21 Fixed income portfolio at €5.9 bn, up 5% qoq and 15% ytd Highly rated and diversified fixed income portfolio Average yield of new investments in 3Q2026: 3.28% (flat qoq) Fixed income securities per issuer type- NBV Fixed income securities– NBV (€ mn) Amortised cost FVOCI Duration (years) 3.82 3.14 Duration after interest rate hedging (years) 3.78 0.90 Rating Aa3 A2 Sep 25 Dec 25 Jun 26 Sep 26 4,911 5,131 5,604 5,903 4,478 4,765 5,257 5,570 412 347 339 330 21 19 8 3 +15% ytd % total assets 18% 18% 19% 9% 16% 11% 16% 29% 19% Other financial & other corporations Banks Covered bonds Supranationals Other Governments Cyprus Government €5.9 bn 20% Amortised cost FVOCI FVTPL
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Recurring Non-NII at €201 mn in 9M2026, up 10% yoy Non-NII covering 70-80% of total operating expenses 22 Non-NII at €220 mn in 9M2026, supported by recurring non-NII growth (€ mn) YoY Performance (9M2026 vs 9M2025) Recurring non-NII at €201 mn, up 10% yoy reflecting: • 39% growth in net insurance result (slide 23) • Increased net fee and commission income driven by both transactional and non-transactional fees Other non-NII down €11 mn yoy driven by lower volume on FX swaps and FV losses on financial instruments Non-recurring item in 9M2025 relates to one-off insurance reimbursement of €8 mn QoQ Performance (3Q2026 vs 2Q2026) Recurring non-NII up 3% qoq reflecting: • Lower claims in life insurance business • Increased net fee and commission income due to higher credit card commissions on seasonally higher volume of transactions Other non-NII down €5 mn qoq, mainly due to: • FV loss in financial instruments from increased volatility in the market 61 67 69 89 3Q2025 10 2Q2026 5 3Q2026 78 77 74 45 46 47 12 16 184 3Q2025 5 2Q2026 4 3Q2026 qoq% 61 67 69 +3% qoq +2% +7% 77%2 Recurring Non-NII Other Non-NII Non-NII/ OPEX1 Net fee & commission Net insurance result FX customer related 81% Refer to Footnotes slides 70-74 181 201 30 8 9M2025 19 9M2026 yoy% 219 220 78%78%2 78% 133 137 36 5112 9M2025 13 9M2026 yoy% 181 201 +10% +3% +39% Non-recurring Non-NII
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Life and Non-Life insurance businesses – valuable and sustainable contribution to the Group 23 Increase in net insurance result yoy attributed to: • Lower claims and lower losses in onerous contracts of life insurance • Lower claims of non-life insurance; prior year impacted by the wildfire (c.€3 mn) in July 2025 • Acquisition of Ethniki Insurance Cyprus in July 2025 CONTRIBUTION TO THE GROUP 23% contribution to Non-NII Highly profitable 10% contribution to Group’s PAT1 Recurring insurance PAT1 Net insurance result Recurring insurance PAT1 (€ mn) Net insurance result (€ mn) 9M2025 9M2026 20.0 26.1 +30% 9M2025 9M2026 22.4 33.7 +51% (€ mn)(€ mn) 9M2025 9M2026 13.2 16.8 +27% 9M2025 9M2026 11.3 12.5 +11% c.33%2 Market share (#1) c.16%2 Market share (#2) Profit & Loss figures for 9M2025 do not include Ethniki Insurance (total net insurance result of €0.7 mn) Refer to Footnotes slides 70-74 248% Solvency ratio 231% Solvency ratio €199 mn Total regular income (+24% yoy) €66 mn GWP (+21% yoy)
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Loyal and increasingly digitally engaged customer base 24 As at 30 September 2026 Increased use across digital channels Refer to Footnotes slides 70-74 Active users of digital channels 526k Login to digital channels daily 1/3rd Active mobile app users 498k Active QuickPay users 264k Customer base c.670k Primary Bank % of customer base1 70%
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Strengthened digital offering 25 • Digital application with instant decision • €39 mn as at 30 September 2026 • Buy Now Pay Later solution • c.€11 mn used since launch of Fleksy (of which €8 mn in 9M2026) • Banking for minors (age 6-17), without the need for a mobile phone • c.15.4k Joeyers by September 2026 • Launched the digital investing platform • Enhanced BoC’s digital wealth offering • c.5k1 customers signed up on the platform Digital Housing Loans • Launched digital business account opening (sight & fixed) with ability to order a debit card Account opening for legal entities • Digital Car Dealers’ Portal for faster and simpler car loan experience, with instant digital quotes and quicker access to financing directly through the dealer Car Dealers’ portal 25 c 1,9603 registered companies c.€3.2 bn in 9M2026 money exchanged via the platform B2B +68% yoy in product offering +145% yoy in GMV2B2C • AI-powered conversational banking assistant DANAI✦ • Instant and secure person-to- person money transfers using mobile phone numbers Refer to Footnotes slides 70-74
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Total operating expenses1 (€ mn) 40 45 38 38 41 48 46 48 48 48 233 3Q2025 4Q2025 5 1Q2026 9 2Q2026 6 3Q2026 91 114 91 95 95 Cost to income ratio remains low at 36% in 9M2026 26 YoY Performance (9M2026 vs 9M2025) Total operating expenses1 up 3% yoy reflecting increased exit costs recorded in 2Q2026 Staff costs up 2% yoy to €145 mn due to: • salary increments and cost-of-living adjustments (COLA) by c.4% (occurring in January) • partially offset by the completion of small, targeted VEP2 in 2Q2026 (51 employees; c.2% of headcount) Other operating costs broadly flat yoy QoQ Performance (3Q2026 vs 2Q2026) Total operating expenses1 flat qoq due to: • Flat qoq staff costs • Seasonally higher other operating expenses, offset by • Lower exit costs (VEP2 completed in 2Q2026) Cost to income ratio1 at 36% in 9M2026, on disciplined cost management and high revenues Exit costs & variable pay Staff costs Other operating expenses 35% 42% 37% 36% 35% 3Q2025 4Q2025 1Q2026 2Q2026 3Q2026 Refer to Footnotes slides 70-74 116 117 143 145 13 9M2025 19 9M2026 yoy% 272 281 +3% yoy 35% 36% 9M2025 9M2026 +1% +2% OUTLOOK Cost to income ratio1 <40% in 2026, on better revenue outlook and continuing cost discipline
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REMU repossessed stock at €316 mn Healthy asset quality with NPE ratio at 1.0%; REMU stock c.€0.3 bn 27 Robust asset quality maintained with NPE ratio at 1.0% Net release of cost of risk in 3Q2026 at 20 bps (€5 mn) relating to customer-specific reversals (c.€4.5 mn) and improved macro assumptions (slide 64); net of customer-specific releases, cost of risk for 3Q2026 near zero Net release of cost of risk of 14 bps in 9M2026 (€12 mn); Net of customer-specific releases of 31 bps (€26 mn), cost of risk at 17 bps REMU stock at €316 mn, down 16% ytd, through organic reductions Other impairments of €16 mn in 9M2026, down 6% yoy, of which €3 mn in 3Q2026 NPE ratio at 1.0%; fully covered Net release of 14 bps in cost of risk 3Q2025 4Q2025 -0.17% 1Q2026 -0.06% 2Q2026 3Q2026 0.33% 0.26% -0.20% NPE coverage BV to OMV 2,064 1,864 1,704 82% 139% 72% 69% 67% # properties Group BV (€ bn) Dec 24 Dec 25 Sep 26 2.0% 1.2% 1.0%NPE ratio 144% 0.0 Dec 24 Dec 25 Sep 26 0.66 0.38 0.32 9M2025 9M2026 0.35% -0.14% OUTLOOK Cost of risk: small net releases in FY2026
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CET1 Dec 25 3.6% Profits (0.1%) AT1 coupon (2.6%) Ordinary Dividend accrual (70%) (0.9%) RWAs (0.4%) Other CET1 Sep 26 (0.3%) CDB transaction CET1 ratio pro forma for CDB transaction 21.0% 20.6% 20.3% Robustcapital position: CET1 at 20.6% 28 Regulatory capital ratios Organic capital generation of 341 bps4 in 9M2026 Acquisition of a portfolio of performing loans & deposits from CDB Bank completed in Oct 2026; c.(30) bps capital impact Dividend target for 2026 unchanged: dividend accrual in 3Q2026 based on ordinary dividend of 70%; top-up dividend of up to 20%5 to be considered alongside FY2026 financial results In Nov 2026, CBC introduced a Systemic Risk Buffer of 100 bps, increasing min capital requirements by 100 bps effective from 31 Dec 2026 CET1 ratio including retained earnings 22.4% 24.0% 25.9% 25.3% 25.8% 24.9% 17.4% 19.2% 21.0% 20.5% 20.9% 20.3% Dec 23 Dec 24 Dec 25 Mar 26 Jun 26 Sep 26 min OCR1 requirement September 2026 CET1 ratioTotal Capital ratio 2,3 Refer to Footnotes slides 70-74 11.9% 11.9% Total Capital ratio Sep 26 25.2% 16.5% c.15% CET1 ratio target (medium-term)
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Fitch upgraded rating to BBB in November 2025; outlook stable Dec 15 Jun 16 Sep 17 Mar 18 Sep 18 Mar 19 Sep 19 Mar 20 Sep 20 Mar 21 Sep 21 Mar 22 Sep 22 Mar 23 Sep 23 Mar 24 Sep 24 Mar 25 Sep 25 Mar 26 Sep 26 BOC-Fitch Long-term Issuer Default Rating Sovereign rating BoC is investment grade rated by all 3 credit rating agencies 29 S&P affirmed rating to BBB- in December 2025; outlook positive Jan 18 Jul 18 Jan 19 Jul 19 Jan 20 Jul 20 Jan 21 Jul 21 Jan 22 Jul 22 Jan 23 Jul 23 Jan 24 Jul 24 Jan 25 Aug 25 Feb 26 Sep 26 BOC-S&P Long-term Issuer Credit Rating Sovereign rating BBB C+,C,C- CC CCC- CCC CCC+ B- B B+ BB- BB BB+ BBB- BBB BBB+ A- A Moody’s affirmed rating to A3 in December 2025; outlook positive Dec 15 Jun 16 Dec 16 Jul 17 Jan 18 Jul 18 24 Jan 19 Jul 19 Jan 20 Jul 20 Jan 21 Jul 21 Jan 22 Jul 22 Jan 23 July 23 Jan 24 Jul 24 Jan 25 Jul 25 Jan 26 Sep 26 BOC-Moodys long-term deposit rating Sovereign rating Investment grade Baa3 A3 A3 Caa3 Caa2 Caa1 B3 Ba3 Ba2 Ba1 Baa3 Baa2 Baa1 A3 C Ca B2 B1 C+,C,C- CC CCC- CCC CCC+ B- B B+ BB- BB BB+ BBB- BBB BBB+ A- A- Investment grade BBB- Investment grade BBB- BBB- Cyprus Sovereign Credit rating LT Deposit rating LT Counterparty Risk Rating LT Issuer credit rating Outlook Senior Unsecured Debt Subordinated (Tier 2) A3 A A- A3 N/A BBB+ A3 N/A N/A Positive Positive Stable Baa3 BBB- N/A Ba1 N/A N/A N/A BBB- BBB
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Key information and contact details Contacts Investor Relations & ESG Tel: +357 22 122239, Email: investors@bankofcyprus.com Annita Pavlou, Manager Strategy, Investor Relations & ESG Tel: +357 22 122740, Email: annita.pavlou@bankofcyprus.com Stephanie Olympiou (stephanie.olympiou@bankofcyprus.com) Dafni Georgiou (dafni.georgiou@bankofcyprus.com) Elena Hadjikyriacou (elena.hadjikyriacou@bankofcyprus.com) Andri Rousou (andri.rousou@bankofcyprus.com) Listing: ATHEX – BOCHGR, CSE – BOCH/TPKH, ISIN IE00BD5B1Y92 Executive Director Finance Eliza Livadiotou, Tel: +357 22 122128, Email: eliza.livadiotou@bankofcyprus.com 30 • Bank of Cyprus named a Most Honored Company and ranked #3 in the Emerging EMEA Financials Sector Small & Mid-Cap category • Bank of Cyprus Investor Relations Team ranked #2 in the Best IR Team category in the Emerging EMEA Financials Sector Small & Mid-Cap category
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02 ESG update Click here to find out more in our Annual Report 31
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Key milestones achieved by 9M2026 32 E • c.€666 mn Housing gross loans with EPC Category A as of September 2026, compared to c.€452 mn as of December 2025 • Climate change related gross loans of c.€801 mn as of September 2026 compared to c.€572 mn as of December 2025 • Utilisation of renewable energy in own operations remained unchanged yoy mainly due to temporary suspension of solar panel usage due to branch renovation works • Scope 1 and Scope 2 GHG Emissions reduced by c.1% yoy S • 33,481 training hours to female employees and 20,774 training hours to male employees up to 9M2026 • Cumulative investment of c.€72 mn from 1998 to 9M2026 in the Bank of Cyprus Oncology Centre • 15,395 JOEY accounts opened as at 30 September 2026 promoting financial literacy and education G • 38% women representation in ExCo and Senior Management in 9M2026, early achievement of the 2030 target of at least 30% women representation in ExCo and Senior Management • Recognised as one of the 30 leading listed entities in Greece based on “The RSM Board Diversity Survey 2025” Distinguished for their adoption of diversity best practices and their commitment to inclusion and balanced representation at the Board of Directors level ESG • Group’s ESG Corporate rating under ISS has been upgraded to C which is considered Prime
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ESG journey 33 The ESG strategy formulated in 2021 is continuously expanding. The Group is maintaining its leading role in the Social and Governance pillars and focuses on increasing the Group’s positive impacts on the Environment, by transforming not only its own operations, but also the operations of its customers 2 0 2 52 0 2 2 2 0 2 3 2 0 2 4 • Issued first Green Bond in Cyprus (Climate Bonds Initiative) • Established KPIs and KRIs for both physical and transition risks • Participated in the syndicated Synesgy solution across the Cypriot Banking system (ESG due diligence process) • Established an Environmental & Social policy and • Integrated ESG risks into lending pricing • Set ESG targets across the Bank’s value chain • Joined Partnership of Carbon Accounting Financials (PCAF) and estimated Financed Scope 3 emissions on loan portfolio; • Set decarbonisation target for own operations strategy • Established an ESG Working plan • Issued first CSRD report included in the Annual Financial Report 2024 • Published the Impact and allocation report relating to Green Bonds issuance • Established an Environmental Management Policy (Own Operations) • Enhanced the materiality assessment process on C&E risks. • Initiated the integration of ESG Rating into the Credit Risk Score of the customer • Enhanced the existing Green Lending Policy to facilitate green lending and create Green Lending procedure • Enhanced the ESG operational limits in terms of KPIs and KRIs • Set the first decarbonisation target on Mortgage portfolio (IEA <2°C)¹ • Signed UNEP FI² Principles for Responsible Banking • Achieved ≥30% women in ExCo and Senior Management • Estimated Scope 3 GHG emissions across portfolios (PCAF) • Published TCFD report, Pillar 3 disclosures and Sustainability report • Introduced ESG questionnaires in loan origination • Restricted new carbon-intensive lending • Set Transition lending targets; launched Green Housing product applying the GLPs3 of LMA4 • Developed Sustainable Finance Framework Refer to Footnotes slides 70-74
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Delivering on our ESG commitments 34 Stakeholder: Investors Regulatory Customers & Markets ESG Priorities in 2026: • Publish the second PRB Self- Assessment & Progress Report • Finalise the integration of ESG Rating into the Credit Risk Score of the customer • Monitor the impact of climate- related and environmental risks on its business environment • Examine to set additional decarbonisation targets on loan portfolios based on methodologies and data available • Publish the second Sustainability Statement for FY2025 (CSRD report) • Narrow gaps identified as part of the Corporate Sustainability Reporting Directive (CSRD) implementation • Continue implementation of ‘ECB Guide’ on Climate related and Environmental risks (C&E) • Comply with all the requirements in accordance with EBA1 guidelines on ESG Risk Management • Improve the quality of ESG data, through the continued update and implementation of the ESG Data Strategy • Continue enhancement of product offerings related with climate change • Monitor performance against new lending metrics • Develop further mitigation measures for C&E risks including enhancing customer engagement Sustainable Development Goals: Refer to Footnotes slides 70-74
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Delivering on our ESG commitments 35 Climate Change – Target 1: Reducing Scope 1 & Scope 2 GHG emissions by 42% by 2030 compared to 2021 baseline The new lending strategy to achieve the decarbonisation target set has been designed and focuses on financing more energy efficient residential properties. The launch of Housing² product drives the feasibility of the decarbonisation target Bank’s performance against baseline of 2021: GHG Emissions¹ – Scope 1 & Scope 2 (tCO2e) Bank’s performance against baseline of 2022: Climate Change – Target 2: Reduce by 43% the kilograms of GHG emissions financed per square metre (kgCO2e/m²) under the Mortgage portfolio, by 2030 compared to 2022 baseline Base (43%) (5%) (12%) (14%) Base (42%) (11%) (25%) (25%) (27%) FY2022 2030 TargetFY2023 FY2024 FY2025 FY2021 2030 TargetFY2023 FY2024 FY2025FY2022 9M2025⁴ 9M2026 -1%³ Scope 2 Purchased Electricity Scope 1 Mobile Combustion Scope 1 Stationary Combustion -22% 0% -3% -12%112 133 6,024 6,017 130 87 (18%) 1H2026 Refer to Footnotes slides 70-74
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Delivering on our ESG commitments 36 Climate Change: Increase portfolio of loans related with climate change Gross loans (€ mn) Climate Change: Utilisation of renewable energy in own operations3 Renewable energy (kWh) Climate Change: Reduce paper consumption2 Dec-25 Sep-26 Housing (EPC A)¹ Renewable energy projects Car loans Energy loans 801 666 120 13 2 365,436 365,334 9M2025 9M2026 -0.02% 38 36 29 27 26 24 -36% 9M2021 9M2022 9M2023 9M2024 9M2025 # paper printed in mn 452 105 12 3 572 9M2026 Refer to Footnotes slides 70-74
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Delivering on our ESG commitments 37 Board’s Gender Diversity: Female representation on the Board of Directors Financial Inclusion and Resilience³ – Target: Gender Diversity: At least 30% women in ExCo and Senior Management by 2030 Learning & Development ¹,²: Provide upskilling/reskilling employee opportunities Training Attendance (hours) Trainings attended cover a variety of topics including Business Conduct and Compliance topics in accordance with the Bank’s Corporate Governance Policy and Framework Women Men 38% 36% 41%⁴ 9M2024 9M2025 9M2026 33% 9M2024 ≥30% 2030 Target 38% 9M2025 9M2025 9M2026 32,952 33,481 19,556 20,774 38% 9M2026 ≥25,000Base: 8,965 15,395 2030 TargetFY2025 9M2026 Open a total of at least 25,000 JOEY accounts by 2030 from a total of 8,965 accounts opened as at December 2025, promoting financial literacy and education Refer to Footnotes slides 70-74
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Corporate Social Responsibility (CSR) 38 SupportCy Network: Maintain leadership and continue playing an active and positive role in the community BOC Cultural Foundation: Bank of Cyprus Cultural Foundation activities IDEA3 Innovation Centre: The IDEA Innovation Centre (since incorporation) Wellbeing program “Well at Work”: Education: Donations, Scholarships and Awards to University students and Foundations, contributing to the enhancement of Society education and awareness level BOC Oncology Centre1: Contribute and support cancer patients and their families through the Bank of Cyprus Oncology Centre • Cumulative investment of c.€72 mn from 1998 to 9M2026 • The biggest and most successful partnership between the public and the private sector, materially contributing to Society c.1,800 employees participated 24 events organised 17,263 25,120 19,617 9M2024 9M2025 9M2026 2 # of physical attendees 9M2025 9M20269M2024 1.080 1,300 >1,300 Contribution to society (since establishment) (€k) 4.5 4.75 9M2025 9M2026 100 105 New companies created (#) Invested amount (€ mn) Created >130 new jobs in Cyprus Supported >270 entrepreneurs Refer to Footnotes slides 70-74
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03 Appendix 39
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Sectoral breakdown of the economy 15% 13% 11%9% 9% 8% 7% 7% 6% 6% 5% 4% 21% 9% 20% 6% 9% 4% 5% 6% 5% 4% 7% 4% Cyprus Greece ICT Primary & Secondary Wholesale & Retail trade Real estate Finance & Insurance Public Professional Transport Accommodation Education Health & Social work Other Cypriot economy is diversified: no sector accounts for more than 15% of total GVA Real estate accounts for 9% of GVA (vs 20% in Greece) ICT sector at 15% of the economy in 2025 (vs 7% in 2018) aided by the headquartering scheme with productivity gains evident Accommodation accounts for 7% of GVA 40 Source: Eurostat (latest available: for Cyprus 2025 and for Greece 2024)
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Cyprus is a growing regional business and tech hub Age: 15-64 (2025) 17% 36% 47%Tertiary Upper secondary Less than upper secondary Level of education Highly educated, skilled labour force Labour costs significantly below the Euro area average 57 45 36 34 31 26 16 Ireland Euro area Spain Italy Cyprus Portugal Greece Compensation per employee (€ ‘000) 1 FY2025 #2 country in Europe – share of tertiary level education Refer to Footnotes slides 70-74 Cyprus as an attractive business hub… • Cyprus is the eastern gateway to the European Union and a safe, stable and business friendly hub for the region • Largest Ship Management centre in the EU >2,600 companies registered in Cyprus since March 2022 with a large number operating in the technology industry • c.27,000 work permits granted (c.5% of labour force1) • Access to tech-savvy EU talent pool • Labour cost for tech talent below Euro area average 41
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Current market forward curves 42Refer to Footnotes slides 70-74 2.3% 2.0% 2.0% 2.3% 2.4% 2.6% 2.6% 2.0% 2.0% 2.3% 2.6% 3.0% 3.1% 2025 1Q2026a 2Q2026a 3Q2026a 4Q2026 2027 2028 Jun 2026 Sep 2026 Average ECB Deposit rate1 2.2% 2.5% 2.8% 2.8% 2.8% 2.7% 2.2% 2.5% 2.8% 3.0% 3.3% 3.3% 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 2025 1Q2026a 2Q2026a 3Q2026a 4Q2026 2027 2028 Jun 2026 Sep 2026 Average 6m Euribor1 FY2026: 2.23% (vs 2.18% previously) FY2026: 2.65% (vs 2.56% previously)
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Executive Summary – Updated Financial Targets FY2022 Financial Performance Appendix Additional financial information Table of contents 43
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20% 14% 60% 6% 47% 35% 4% 2% 12% 5 1 % o f l i q u i d a s s e t s h e l d i n c a s h Robust liquidity position: significant surplus liquidity of €9.0 bn €15.9 bn€23.5 bn Diversified, mainly retail-funded deposit base Highly liquid balance sheet 313% 321% 306% 305% 299% 169% 171% 174% 182% 180% 3Q2025 4Q2025 1Q2026 2Q2026 3Q2026 100% minimum requirement Liquidity ratios significantly above minimum requirements Group deposits Liquid assets 5 1 % i n s u r e d d e p o s i t s Fixed income securities per issuer type - NBV 846 889 921554 631 642839 940 962 502 551 374 1,374 1,144 Dec 25 1,561 1,081 Jun 26 1,687 1,140 Sep 26 5,131 5,604 5,903 Average size of Retail deposits: c.€32k (€ mn) Other financial & other corporations Banks Covered bonds Supranationals Other Governments Cyprus Government 44 SMEs Retail Corporate IBU NSFR LCR Cash balances with Central Banks Placements with banks Amortised cost bonds FVOCI bonds Reverse repos
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18% 19% 28%35% 0% Up to 1 month 1-3 months 3-6 months 6-9 months Over 9 months €7.28 bn Analysis of deposits Deposits by Currency (€ bn) Deposits by Customer Sector (€ bn) Time and Notice deposits by maturity <0.5% of Time and Notice deposits with maturity >12 months • ± 1 p.p. in Time and Notice deposit mix: ± c.€2.5 mn p.a.1 • ±10 bps in total cost of deposits: ±c.€23.5 mn p.a.2 Deposit sensitivities Refer to Footnotes slides 70-74 45 Sector Dec 25 Jun 26 Sep 26 Retail 13.50 13.86 13.99 SME 1.40 1.45 1.47 International Corporate 0.25 0.22 0.25 International Business Unit 4.28 4.55 4.70 Corporate 2.76 2.72 3.06 Total 22.19 22.80 23.47 Currency Dec 25 Jun 26 Sep 26 EUR 20.25 20.74 21.34 USD 1.58 1.63 1.72 GBP 0.30 0.31 0.30 Other Currencies 0.06 0.12 0.11 Total 22.19 22.80 23.47 Group deposits by UBO country of residence 81% 9% 9% <0.5% Cyprus Other EU Other countries Russia/Belarus
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Income statement 46 € mn 9M2026 9M2025 yoy% 3Q2026 2Q2026 qoq% Net interest income 565 548 3% 196 188 4% Net fee and commission income 137 133 3% 47 46 2% Net foreign exchange gains and net gains/(losses) on financial instruments 17 26 -35% 3 10 -64% Net insurance result 51 36 39% 18 16 7% Net gains/(losses) from revaluation and disposal of investment properties and on disposal of stock of properties 10 8 21% 5 3 41% Other income 5 16 -66% 1 2 -16% Total income 785 767 2% 270 265 2% Staff costs (164) (156) 5% (54) (57) -5% Other operating expenses (117) (116) 1% (41) (38) 6% Special levy on deposits and other levies/contributions (37) (29) 29% (14) (9) 64% Total expenses (318) (301) 6% (109) (104) 5% Operating profit 467 466 0% 161 161 0% Loan credit losses net of reversals 12 (28) -144% 5 2 221% Impairments of other financial and non-financial assets (16) (17) -6% (3) (7) -48% Provisions for pending litigation, claims, regulatory and other matters (net of reversals) (3) (4) -21% (3) (2) 14% Total loan credit losses, impairments and provisions (7) (49) -85% (1) (7) -93% Profit before tax and non-recurring items 460 417 10% 160 154 4% Tax (75) (62) 20% (28) (22) 25% Profit attributable to non-controlling interests (2) (2) -31% (1) (1) 71% Profit after tax (attributable to the owners of the Company) 383 353 9% 131 131 1%
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Consolidated balance sheet 47 Assets (€ mn) 30.09.2026 31.12.2025 % change Cash and balances with central banks 7,513 7,933 -5% Loans and advances to banks 683 576 19% Reverse repurchase agreements 1,830 1,619 13% Debt securities, treasury bills and equity investments 6,091 5,324 14% Net loans and advances to customers 11,579 10,798 7% Stock of property 324 372 -13% Investment properties 19 28 -32% Other assets 1,915 1,918 0% Total assets 29,954 28,568 5% As at 30 September 2026 there were 435,962,305 issued ordinary shares (vs 435,686,031 as at 31 December 2025) Liabilities and equity (€ mn) 30.09.2026 31.12.2025 % change Deposits by banks 396 404 -2% Customer deposits 23,475 22,187 6% Debt securities in issue 952 983 -3% Subordinated liabilities 280 379 -26% Other liabilities 1,853 1,665 11% Total liabilities 26,956 25,618 5% Shareholders’ equity 2,757 2,710 2% Other equity instruments 220 220 - Total equity excluding non-controlling interests 2,977 2,930 2% Non-controlling interests 21 20 6% Total equity 2,998 2,950 2% Total liabilities and equity 29,954 28,568 5%
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TBV adjusted for excess CET1 capital on a 15% CET1 ratio ROTE on 15% CET1 ratio 48 ROTE on 15% CET1 € mn Dec 25 Jun 26 Sep 26 Shareholders’ equity 2,710 2,732 2,757 - Intangible assets (52) (50) (50) - Ordinary distribution accrual (218) (167)1 (155)2 - Excess CET1 capital on a 15% CET1 ratio (621) (625) (606) = TBV adjusted for excess CET1 capital on a 15% CET1 ratio 1,819 1,890 1,946 Average TBV for excess CET1 capital on a 15% CET1 ratio 1,823 1,862 1,883 € mn FY2025 1H2026 9M2026 PAT annualised 481 508 513 Average TBV adjusted for excess CET1 capital on a 15% CET1 ratio 1,823 1,862 1,883 = ROTE on 15% CET1 26.4% 27.3% 27.2% Refer to Footnotes slides 70-74
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Quarterly evolution of CET1 ratio 49 Regulatory CET1 Jun 26 RWAs Regulatory CET1 Sep 26 1.2% 3Q2026 Profits (0.9%) Ordinary distribution accrual (70%) CET1 ratio Sep 26 4.6% AT1 & T2 Total Capital ratio Sep 26 20.9% 20.3% 20.6% 25.2% (0.5%) Other (0.1%) 11.9% 16.5% Refer to Footnotes slides 70-74 min OCR1 requirement for September 2026 2 3 4,5 66
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Risk-weighted assets & regulatory capital 50 Reconciliation of Group equity to CET1 Regulatory capital (€ mn) € mn 31.12.25 30.06.26 30.09.26 30.09.26 Inc. retained earnings2,4 CET1 capital 2,185 2,214 2,201 2,234 Tier I capital 220 220 220 220 Tier II capital 295 301 280 280 Total regulatory capital (Tier I + Tier II) 2,700 2,734 2,702 2,734 € mn 30.09.26 30.09.26 Inc. retained earnings Shareholders’ equity 2,757 2,757 Less: Intangibles (22) (22) Less: Deconsolidation of insurance entities and other entities (164) (164) Less: Regulatory adjustments (incl. foreseeable charges) (370)1,2 (337)2,3 CET1 2,201 2,234 Risk Weighted Assets 10,853 10,853 CET1 ratio 20.3% 20.6%2,4 CET1 ratio fully loaded 20.0% 20.3%2,4 Refer to Footnotes slides 70-74 Risk-weighted assets by type of risk € mn 31.12.25 30.06.26 30.09.26 Credit risk 9,150 9,321 9,579 Market risk - - - Operational risk 1,274 1,274 1,274 Total 10,424 10,595 10,853 RWA intensity 36% 36% 36%
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c.1.88% 2.50% 2.75% 2.00% 1.50% 4.50% Dec 24 c.0.90% c.1.94% 2.50% 2.75% 2.00% 1.50% 4.50% Dec 25 c.1.27% c.0.92% 2.50% 2.50% 2.00% 1.50% 4.50% Sep 26 CCyB O-SII CCB Pillar 2R Tier 2 AT1 Pillar 1 16.05% 16.08% 16.52% 2.25% c.0.92% c.1.88% 2.50% 1.55% 4.50% Dec 24 c.0.90% c.1.94% 2.50% 1.55% 4.50% Dec 25 c.1.27% 2.25% 2.50% 1.41% 4.50% Sep 26 CCyB O-SII CCB Pillar 2R Pillar 1 11.34% 11.38% 11.93% CET1 ratio Total capital ratio Overall capital requirements 51 Total Pillar 1: 8% Pillar 2 requirement decreased by 25 bps to 2.50%, effective from January 2026 based on SREP decision Total O-SII buffer increased to 2.25%, from 1.9375%, effective from January 2026 Countercyclical buffer (CCyB) for exposures for the Group stood at c.1.27% as at 30 September 2026 Based on SREP decision, the non-public guidance for an additional P2G was revised downwards, effective from January 2026 The Pillar 2 requirement and non-public guidance for an additional P2G remain unchanged for 2027, based on final 2026 SREP decision In November 2026, CBC introduced a Systemic Risk Buffer of 100 bps, increasing minimum capital requirements by 100 bps effective from 31 December 2026
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CET1 ratio Sep 26 MDA threshold Sep 26 20.6% 11.9% Distance to MDA: 866 bps Buffer to MDA restrictions level & distributable items Significant CET1 MDA buffer as at 30 September 2026: 836 bps1 (€907 mn1) Including retained earnings for the period ended 30 September 2026, CET1 MDA buffer increases to 866 bps2 (€940 mn2) Distributable items3 of €2,328 mn for BOCH as at 30 September 2026 Regulatory CET1 Ratio CET1 ratio Sep 26 MDA threshold Sep 26 20.3% 11.9% Distance to MDA: 836 bps 1 52Refer to Footnotes slides 70-74 CET1 Ratio including retained earnings
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8.7% c.6.0% 19.0% Sep 26 (as % of RWAs) 8.7% 6.0% 19.3% Sep 26 incl.retained earnings (as % of RWAs) 33.7% 34.0% Significant buffer above the MREL requirement MREL (% of RWAs) 5 c.6.0% c.24.0% MREL requirement (as % of RWAs) c.30.1% 53 Senior preferred liabilities Own funds CBR1 MREL ratio including capital used to meet the CBR1 (as % of RWAs) at 33.7% as at 30 September 2026; 34.0%2 including retained earnings MREL ratio (as % of Leverage Ratio Exposure (LRE)) at 12.4% as at 30 September 2026; 12.5%2 including retained earnings Based on SRB communication received in December 2025, MREL requirement set at: • 24.03% of RWAs plus prevailing CBR1 • 5.91% of LRE Distance to M-MDA restriction as at 30 September 2026 including retained earnings at 397 bps (€431 mn)2,4 The CBR1 increased further in January 2026 (for more details refer to slide 51) Refer to Footnotes slides 70-74 2 3
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Income statement bridge1 for 9M2026 54 € mn Underlying basis Reclassifications Statutory basis Net interest income 565 - 565 Net fee and commission income 137 - 137 Net foreign exchange gains and net gains/(losses) on financial instruments 17 - 17 Net gains on derecognition of financial assets measured at amortised cost - 1 1 Net insurance result 51 - 51 Net gains/(losses) from revaluation and disposal of investment properties and on disposal of stock of properties 10 - 10 Other income 5 - 5 Total income 785 1 786 Total expenses (318) (3) (321) Operating profit 467 (2) 465 Loan credit losses (net of reversals) 12 (12) - Impairment of other financial and non-financial assets (16) 16 - Provisions for pending litigation, claims, regulatory and other matters (net of reversals) (3) 3 - Credit losses on financial assets and impairment net of reversals of non-financial assets - (5) (5) Profit before tax 460 - 460 Tax (75) - (75) Profit attributable to non-controlling interests (2) - (2) Profit after tax - attributable to the owners of the Company 383 - 383 Refer to Footnotes slides 70-74
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Analysis of interest income and interest expense 55 Analysis of Interest Income (€ mn) 1Q2025 2Q2025 3Q2025 4Q2025 1Q2026 2Q2026 3Q2026 Loans and advances to customers 124 121 119 119 115 120 126 Loans and advances to banks and central banks 57 46 42 42 40 42 46 Repurchase agreements 8 8 8 10 11 11 12 Investments and other financial assets at amortised cost 29 31 31 33 36 39 41 Investments FVOCI 2 2 2 2 2 2 2 220 208 202 206 204 214 227 Net derivative financial instruments 3 3 2 2 1 1 2 Total Interest Income 223 211 204 208 205 215 229 Analysis of Interest Expense (€ mn) Customer deposits (18) (15) (14) (15) (15) (16) (19) Funding from central banks and deposits by banks (2) (2) (2) (2) (1) (1) (1) Loan stock (17) (17) (17) (17) (17) (18) (17) (37) (34) (33) (34) (33) (35) (37) Net derivative financial instruments - 5 9 9 9 8 4 Total Interest Expense (37) (29) (24) (25) (24) (27) (33) 9M2025 9M2026 364 361 145 128 24 34 91 116 6 6 630 645 8 4 638 649 (47) (50) (6) (3) (51) (52) (104) (105) 14 21 (90) (84)
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Income statement by business line for 9M2026 56The above analysis is prepared on the basis of the Bank’s internal MIS, which includes FTP and central cost allocation € mn Consumer Banking SME Banking Corporate Banking IBU & International corporate RRU REMU Insurance Treasury JCC Other Total Net interest income/(expense) 263 40 96 99 5 (5) 1 72 - (6) 565 Net fee & commission income/(expense) 51 8 14 37 2 - (7) 4 24 4 137 Other income 2 1 1 6 - 10 49 8 3 3 83 Total income 316 49 111 142 7 5 43 84 27 1 785 Total expenses (148) (18) (34) (38) (10) (8) (10) (13) (17) (22) (318) Operating profit/ (loss) 168 31 77 104 (3) (3) 33 71 10 (21) 467 Loan credit losses of customer loans net of gains/(losses) on derecognition of loans and changes in expected cash flows (5) (3) 8 2 10 - - - - - 12 Impairment of other financial and non-financial instruments - - - - - (16) - - - - (16) Provision for pending litigation, claims regulatory and other matters (net of reversals) - - - - - - - - (1) (2) (3) Profit/ (loss) before tax 163 28 85 106 7 (19) 33 71 9 (23) 460 Tax (24) (4) (13) (16) (1) 3 (6) (11) (2) (1) (75) Profit attributable to non-controlling interest - - - - - - - - (2) - (2) Profit/(loss) after tax and before non-recurring items (attributable to the owners of the Company) 139 24 72 90 6 (16) 27 60 5 (24) 383
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Statutory income statement for insurance businesses for 9M2026 57 Income statement based on the statutory financial statements of Eurolife and Genikes Insurance and including transactions with the Bank Refer to Footnotes slides 70-74 € mn 9M2026 9M2025 yoy% Insurance revenue 69.4 55.1 26% Insurance service expense (15.6) (27.7) -44% Net insurance service result 53.8 27.4 97% Reinsurance result (12.9) 4.4 - Reinsurance service expense (28.6) (22.8) 26% Net reinsurance service result (41.5) (18.4) 126% Insurance finance expense (0.6) (0.6) -13% Reinsurance finance income 0.3 0.3 19% Net insurance financial result (0.3) (0.3) -38% Insurance service result 12.0 8.7 41% Other income 0.3 8.2 -97% Staff costs (non-attributable) (2.3) (1.7) 38% Other operating costs (non-attributable) (2.3) (1.9) 25% Revaluation/disposal gains on investments 0.5 0.9 -50% Total net income/ (expenses) (3.8) 5.5 - Profit before tax 8.2 14.2 -42% Tax expense (1.3) (1.7) -21% Profit after tax 6.9 12.5 -45% € mn 9M2026 9M2025 yoy% Insurance revenue 75.3 62.7 20% Insurance service expense (36.6) (39.6) -8% Net insurance service result 38.7 23.1 68% Reinsurance revenue 14.4 17.0 -15% Reinsurance service expense (22.2) (20.6) 8% Net reinsurance service result (7.8) (3.6) 118% Net insurance finance expense (41.8) (18.5) 126% Net reinsurance finance income/(expense) 0.3 (0.1) - Profit from investment and occupational pension contracts 0.1 0.1 -3% Insurance service result (10.5) 1.0 - Other income 0.3 0.5 -26% Staff costs (non-attributable) (1.4) (0.8) 76% Other operating costs (non-attributable) (3.1) (2.0) 53% Net revaluations and/or sale on financial assets at fair value through profit or loss1 39.8 19.6 103% Total net income 35.6 17.3 107% Profit before tax 25.1 18.3 38% Tax expense (4.7) (0.7) - Profit after tax 20.4 17.6 16%
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Leading card processing and payment solutions business in Cyprus Strong transaction growth in value, up 12% yoy Value of transactions (€ mn) 9M2022 9M2023 9M2024 9M2025 9M2026 8,540 10,201 11,580 13,115 14,700 +12% 9M2025 9M2026 21.8 23.7 +9% Net fee and commission income 9M2025 9M2026 7.8 7.9 (€ mn) (€ mn) Recurring PAT1 Net fee and commission income up 9% yoy, driven by higher volume of transactions and by structural improvements in third-party cost absorption Recurring PAT broadly flat yoy Payments service provider offering secure and innovative financial services Backed by the Group with a 75% stake Refer to Footnotes slides 70-74 58
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Strengthened digital engagement # Quickaccounts 71k QuickLoans €192 mn Digital housing loans €39 mn 59 Non-life insurance digital sales €1.9 mn Active QuickPay users 264k Login to digital channels daily 1/3rd
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Jinius: leading in shaping the digital local economy • Enables seamless access to financial products (Fleksy, QuickLoans and Insurance products) • Non-NII generation through transaction and merchant fees • Increased use of the Group’s banking services Contribution to the Group 60 FY2023 FY2024 FY2025 0.4 1.1 2.6 FY2024 FY2025 FY2026 target +3.8x +10x Money Exchanged through Jinius Business (€ bn) Jinius Marketplace Gross Merchandise Value 9M2025 9M2026 1.8 3.2 +1.7x 9M2025 9M2026 +2.5x Business-to-Business (B2B) • Electronic Invoicing • Remittance management • Tenders management • Ecosystem management • Car Dealers’ Portal Business-to-Consumer (B2C) • Marketplace (16 product categories; latest addition of Pets, Baby & Maternity, Sports & Outdoor) • Continued evolution of the Jinius Mobile Apps (iOS and Android) • Embedded banking services products (i.e. Antamivi card rewards scheme) Going forward… • Launch a dedicated cars listings category to expand loan origination and deepen strategic relationships with car dealers • Accelerate platform growth through increased brand awareness, customer loyalty initiatives • Expand adoption of invoicing and remittance service to grow the B2B customer base (€ mn)
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Executive Summary – Updated Financial Targets FY2022 Financial Performance Appendix Additional Asset Quality Slides Table of contents
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Well-diversified loan portfolio with high-quality collateral Gross performing loans1 by business sector of €11.65 bn € bn 0.784.29Private Individuals Hotels & Catering Trade Professional & Other services Transportation (including shipping) Manufacturing Construction Other 5.07 1.31 0.95 0.71 0.68 0.47 0.19 Other sectors 1.15 Real Estate 1.12 Housing Refer to Footnotes slides 70-74 62 LTV2 Private Individuals Housing €4.29 bn Private Individuals Other €0.78 bn Business €6.58 bn <80% 92% 24% 67% >80% 8% 76% 33%
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Loans by economic activity, customer type and arrears analysis 63 Gross loans by customer type (€ mn) Sep 25 Dec 25 Sep 26 Retail housing 3,678 3,740 3,897 Retail other 1,109 1,115 1,165 SME 995 1,005 1,006 International Corporate 1,186 1,356 1,602 Corporate 3,833 3,739 4,054 Total 10,801 10,955 11,724 Gross loans (€ mn)1 Sep 25 Dec 25 Sep 26 Trade 903 921 956 Manufacturing 461 460 468 Hotels & Catering 1,202 1,188 1,316 Construction 401 397 189 Real Estate 936 905 1,129 Private Individuals 4,848 4,924 5,120 Professional & Other services 731 700 714 Other sectors 1,319 1,460 1,832 Total 10,801 10,955 11,724 NPE ratio Sep 25 Dec 25 Sep 26 Trade 1.6% 1.4% 1.3% Manufacturing 0.7% 0.5% 0.4% Hotels & Catering 0.1% 0.1% 0.1% Construction 0.4% 0.4% 0.4% Real Estate 1.3% 1.3% 1.4% Private Individuals 1.6% 1.5% 1.2% Professional and other services 3.1% 3.3% 2.4% Other sectors 0.1% 0.1% 0.0% Total 1.2% 1.2% 1.0% Loans arrears analysis (€ mn) Sep 25 Dec 25 Sep 26 Loans with no arrears 10,648 10,806 11,593 Loans with arrears but not NPEs 19 22 18 NPEs with no arrears 56 54 49 NPEs Up to 30 DPD 2 2 2 NPEs 31-90 DPD 5 2 9 NPEs 91-180 DPD 5 7 4 NPEs 181-365 DPD 24 22 10 NPEs Over 1 year DPD 42 40 39 Total loans 10,801 10,955 11,724 Refer to Footnotes slides 70-74
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Gross loans by IFRS 9 stage 804 771 721127 10,024 Dec 25 118 10,602 Jun 26 113 10,890 Sep 26 % of total gross loans Stage 3 Stage 2 Stage 1 10,955 11,491 11,724 Gross loans by IFRS 9 stage Dec 25 Jun 26 Sep 26 7.3% 6.7% 6.2% Coverage Stage 2 as % of gross loans Dec 25 Jun 26 Sep 26 1.2% 1.0% 1.0% Stage 2 ratio and coverage Stage 3 ratio and coverage Bank’s IFRS 9 macroeconomic assumptions 61 57 53 17 17 15 35 29 3514 Dec 25 Jun 26 1411 Sep 26 127 118 113 Stage 3 loans € mn € mn Retail Corporate SMEs Re-performing (including UTPs)1 64 2026 Forecast in June 2026 Forecast in Sep 2026 GDP rate- base 2.3% 2.7% Unemployment rate- base 3.7% 3.7% Weights Favourable: 10% Base: 50% Adverse: 40% Favourable: 10% Base: 50% Adverse: 40% 93% 6% 1% 5.9% 6.4%6.4% Coverage 73% 67%70% Stage 3 as % of gross loans Refer to Footnotes slides 70-74
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Stage 2 exposures at 6% of loan book; 98% of exposures present no arrears FY2022 FY2023 FY2024 FY2025 9M2026 2.2% 5.2% 1.9% 2.5% 2.8% Limited migration rate of Stage 2 to Stage 3 at 2.8% Stage 2 loans are collateralised at 90% 6% of gross loans classified as Stage 2 of which: • 26% were classified as Stage 2 due to forbearances: • c.45% expected to exit the forborne status in 4Q2026 and hence be eligible for transfer to Stage 1 6.2% 6.9% 6.9% 4.9% 4.1% 181 154 40 321 25 Sep 26 Private individuals Other Real estate Trade Hotel & catering 721 Provision coverage € mn Refer to Footnotes slides 70-74 65 • €189 mn (26%) Performing Forborne • €143 mn (20%) Individual assessments • €318 mn (44%) SICR1 • €33 mn (5%) POCI • €13 mn (2%) ESG Migration to Stage 3 as a % of Stage 2 loans Days past due 0 dpd 1-30 dpd >30 dpd Private Individuals 98% 1% 1% Business 98% 2% 0% LTV 0-75% 75%-100% >100% Private Individuals 70% 4% 26% Business 71% 3% 26% Total 71% 3% 26%
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Rescheduled loans Rescheduled loans1 by customer type Fair value of collateral and credit enhancements Refer to Footnotes slides 70-74 € bn Dec 24 Dec 25 Sep 26 Retail housing 0.09 0.04 0.03 Retail other 0.02 0.01 0.01 SMEs 0.03 0.02 0.01 International corporate - - - Corporate 0.24 0.29 0.21 Total 0.38 0.36 0.26 Loans and advances to customers (€ mn) Sep 26 Cash 668 Securities 541 Letters of credit / guarantee 225 Property 17,767 Other 316 Surplus collateral (9,830) Net collateral 9,687 Rescheduled loans1 € bn Sep 26 Stage 1 - Stage 2 0.19 Stage 3 0.05 POCI 0.02 FVPL - Total 0.26 66
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REMU - the engine for dealing with foreclosed assets Organic sales1 comfortably above book value 0.0 0.5 1.0 1.5 2.0 Dec 22 Dec 23 Dec 24 Sep 25 Dec 25 Jun 26 Sep 26 1.08 0.86 0.66 0.42 0.38 0.34 0.32 # properties Group BV (€ bn) REMU repossessed stock reduced to €316 mn as at 30 September 2026 80% 76% 72%BV to OMV 71% 100.0 83.2 89.4 96.6 101.1 107.1 109.7 4.7 7.4 8.0 4.7 7.5 8.5 -6.0 -4.0 -2.0 0.0 2.0 4.0 6.0 8.0 10.0 60.0 70.0 80.0 90.0 100.0 110.0 120.0 130.0 140.0 150.0 1Q2010 4Q2012 4Q2016 4Q2017 4Q2018 4Q2019 4Q2020 4Q2021 1Q2022 2Q2022 3Q2022 4Q2022 1Q2023 2Q2023 3Q2023 4Q2023 1Q2024 2Q2024 3Q2024 4Q2024 1Q2025 2Q2025 3Q2025 4Q2025 1Q2026 2Q2026 % change y-o-y (RHS) Residential property prices up 8.5%2 yoy in 2Q2026… 69% 109% 105% 114% 108% 125% 124% 123% 80% 73% 87% 77% 88% 84% 92% 1Q2025 2Q2025 3Q2025 4Q2025 1Q2026 2Q2026 3Q2026 Refer to Footnotes slides 70-74 2,527 2,202 2,064 1,917 1,864 Residential Property Price index (2010Q1 = 100) 67 67% 1,754 Net proceeds to BV Gross proceeds to OMV …with improved household affordability dynamics 100 63 2010 2025 100 75 2010 2025 (2010=100) (2010=100) House price to GDP per capita index House price to wages per employee index 67% 1,704
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179 330 238 345 91 149 184 213 194 290 69 160 100 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 9M2026 505 249 Sales € mn (contract prices1) 99 331 575 579 Breakdown of cumulative sales1 by on-boarding year (€ mn) 433 943 502 264 156 15589 93% 90% 84% 84% 492 1,130 REMU - the engine for dealing with foreclosed assets 674 €2.54 bn sales1 of 5,685 properties across all property classes since set-up 39% 6%31% 14% 6% 4% Cumulative sales by property type; 39% of sales relate to land Sales contract price 81% €2.54 bn €2.54 bn1 69 32 24 13 Total Sales 9M2026 Commercial (including hotels) Residential Land 123% 88% 133% 97% 131% 94% 114% 81% €69 mn sales1 in 9M2026; comfortably above Book Value 569 486 382 Refer to Footnotes slides 70-74 68 Helix 3 and Sinope Organic salesCyreit # properties Overseas Net Proceeds/BV Gross Proceeds/OMV Legacy2 2017 2019 2021-9M2026 2016 2018 2020 % Sales of vintage stock (BV)3 Cyreit Residential Commercial (including hotels) Golf Land 368 90%
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Land Evolution of REMU repossessed properties Sales contracts (excl. DFAs)1 up 14% yoy 5,928 2022 8,667 6,900 2023 9,569 6,228 2024 10,859 7,255 2025 7,958 6,656 9M2025 8,702 6,267 9M2026 3,691 2021 7,481 10,347 13,409 15,567 15,797 18,114 13,173 14,969 5,215 +14% 316 530 Jan 19 Additions (1,407) Sales (18) Transfers to own properties (277) Impairment & FV loss Sep 26 1,488 Repossessed properties sold exceed properties acquired since 2019 Group BV (€ mn) Pipeline of €47 mn by contract value as at 30 September 2026 of which €20 mn relates to SPAs signed 19531 43 31 16 30 September 2026 REMU repossessed stock by type €316 mn Refer to Footnotes slides 70-74 69 Sales to Cypriots Sales to non-Cypriots Overseas Residential Commercial & Manufacturing Golf Based on data from the Land Registry Evolution of REMU repossessed stock Group BV (€ mn) 1 Jan 2026 Additions (54) Sales (14) Impairments & fair value losses 30 Sep 2026 377 316 7
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Appendix Footnotes Table of contents 70
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Footnotes Slide 5 – Why Bank of Cyprus 1) Subject to market conditions as well as the outcome of the Group’s ongoing capital and liquidity planning strategy at the time Slide 6 -Robust and growing Cypriot economy amid ongoing global uncertainties Source: Cystat, Eurostat 1) Projections on Cypriot economy based on Ministry of Finance (October 2026) and Projections for Euro area are based on European Commission (Spring 2026 Forecast) 2) Harmonised Index of Consumer Prices Slide 7- Strong fiscal foundations and key enablers Source: Cystat, Eurostat 1) Projections on Cypriot economy based on Ministry of Finance (October 2026) and Projections for Euro area are based on European Commission (Spring 2026 Forecast) Slide 8 - 3Q2026 Strong performance continues 1) Excluding special levy on deposits and other levies/contributions Slide 9 - Interim dividend of €0.24 per ordinary share paid in October 1) Subject to market conditions as well as the outcome of the Group’s ongoing capital and liquidity planning strategy at the time Slide 10 - Sustainable growth of shareholder value 1) Interim dividend for 1H2025 of €0.20 was paid in October 2025 and final dividend for FY2025 of €0.50 was paid in June 2026 2) Interim dividend paid in October 2026 3) Disregarding RWA and other movements, based on profit after tax (pre-distributions) and after AT1 coupon payment (where applicable) Slide 11 - Upgraded ROTE to high-teens for 2026 1) On adjusted recurring profitability 2) Subject to market conditions as well as the outcome of the Group’s ongoing capital and liquidity planning strategy at the time 3) Disregarding RWA and other movements, based on profit after tax (pre-distributions) and after AT1 coupon payment (where applicable) 4) Excluding special levy on deposits and other levies/contribution Slide 13- 9M2026 highlights 1) Attributable to the owners of the Company 2) Excluding special levy on deposits and other levies/contributions 3) Includes unaudited profits for 3Q2026 net of ordinary distribution accrual at the top-end of the distribution policy (i.e. 70% payout ratio) 4) Disregarding RWA and other movements, based on profit after tax (pre-distributions) and after AT1 coupon payment (where applicable) Slide 15 - Highly liquid, customer funded and growing balance sheet 1) Average interest earning assets 2) Linked to the weighted average of the average interest rate paid on euro-denominated household deposits in the Republic of Cyprus (outstanding amounts) by Euro area residents with agreed maturities of up to 2 years as published on the website of the Central Bank of Cyprus and the Bank’s cost of wholesale funding 3) Loans with fixed rate period >2 years Slide 16 - NII quarterly growth underpinned by rate rises and volume growth 1) Does not include the impact of IRSs on hedging of non maturing deposits 2) Average interest earning assets Slide 17 – Maintaining hedging activity to manage NII sensitivity 1) Interest Rate Swaps 2) Collateralised lending agreements between banks with initial maturity > 1 year 3) Based on key assumptions, refer to slide 78 4) Loans with fixed rate period >2 years 5) Linked to the weighted average of the average interest rate paid on euro-denominated household deposits in the Republic of Cyprus (outstanding amounts) by euro area residents with agreed maturities of up to 2 years as published on the website of the Central Bank of Cyprus and the Bank’s cost of wholesale funding Slide 18 – Growing deposit base; broadly stable mix and low pricing 1) Does not include the impact of IRSs on hedging of non maturing deposits 2) Source for peers: ECB for Significant institutions for 2Q2026 (latest available). For Portugal data is as at 1Q2026 (latest available) 71
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Footnotes Slide 19 – Strong new lending of €2.4 bn in 9M2026, up 9% yoy, with growth across all business lines 1) Facilities/limits approved in the reporting period Slide 20 - Broad-based growth in performing loans, up 9% yoy and 7% ytd 1) Includes Corporate, International corporate, International business services, SME and Retail Slide 22 - Non-NII covering 70-80% of total operating expenses 1) Excluding special levy on deposits and other levies/contributions 2) Net of non-recurring items which related to the insurance reimbursement in 3Q2025 Slide 23 - Life and Non-Life insurance businesses – valuable and sustainable contribution to the Group 1) Contribution to the Group. Adjusted to exclude intercompany transactions between insurance companies and the Bank 2) Based on statistics of the Insurance Association of Cyprus (https://www.iac.org.cy/en/statistics/iac-statistical-results) as at 31 December 2025 (combined with Ethniki). Life market share for Ethniki Insurance has been adjusted to exclude single premiums and include Accident and Health premiums, in line with Bank’s approach Slide 24 – Loyal and increasingly digitally engaged customer base 1) Excluding minors, non-resident and dormant customers Slide 25 – Strengthened digital offering 1) As at 20 October 2026 2) Gross Merchandise Value 3) As at 30 September 2026 Slide 26 - Cost to income ratio remains low at 36% in 9M2026 1) Excluding special levy on deposits and other levies/contributions 2) Voluntary Staff Exit Plan Slide 28 - Robust capital position: CET1 at 20.6% 1) Based on final SREP decision in October 2026 ; OCR - Overall Capital Requirement. For more details refer to slide 51 2) Including foreseeable charges 3) Distribution accrual at the top end of Distribution Policy in line with Commission Delegated Regulation (EU) No 241/2014 principles. The distribution accrual level does not constitute a decision by the Bank with respect to distribution payment for 2026 4) Disregarding RWA and other movements, based on profit after tax (pre-distributions) and after AT1 coupon payment (where applicable) 5) Subject to market conditions as well as the outcome of the Group’s ongoing capital and liquidity planning strategy at the time Slide 33 - ESG journey 1) International Energy Agency below 2 Degree scenario 2) United Nations Environnent Programme Finance Initiative 3) Green Loan Principles 4) Loan Market Association Slide 34-Delivering on our ESG commitments 1) European Banking Authority Slide 35 - Delivering on our ESG commitments 1) GHG Emissions – Scope 1 and Scope 2 (excluding Scope 1- Fugitive) estimation consists of BOC PCL (excluding subsidiaries) 2) Housing product is aligned with Green Loan Principles (GLP) of Loan Market Association (LMA). Variable Green Housing product and a Fixed Green Housing product were launched at the end of 2023 and 9M2024 respectively 3) The reduction of Scope 1 and Scope 2 GHG emissions mainly derives from the reduction on stationary combustion due to less usage of heating gas 4) Scope 1 and Scope 2 GHG Emissions for 9M2025 have been restated to reflect the most updated GHG emission factors 72
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Footnotes Slide 36 - Delivering on our ESG commitments 1) The EPC is available at collateral level in the Group’s database therefore the one to one (one account number one collateral property with EPC A) assumption has been applied to identify the Green Housing loans 2) Reduction of paper consumption metric is not assessed as a material disclosure data point to be reported in Sustainability Statement for FY2024 and FY2025 prepared in accordance with the European Sustainability Reporting Standards (ESRS) under Corporate Sustainability Reporting Directive (CSRD) 3) The reduction in renewable energy production mainly reflects a temporary suspension of solar panel usage due to branch renovation works Slide 37 - Delivering on our ESG commitments 1) Learning & Development is not assessed as a material topic to be reported in Sustainability Statement for FY2024 and FY2025 prepared in accordance with the European Sustainability Reporting Standards (ESRS) under Corporate Sustainability Reporting Directive (CSRD). Training hours are disclosed as metrics in the Sustainability Statements of FY2024 and FY2025 for those Impacts, Risks or Opportunities that were assessed as material during the Double Materiality Assessment process 2) Total training hours allocated according to the Human Resources Management annual plan 3) For other actions to facilitate financial technology solutions and promote digital transformation, refer to slide 25 4) The female representation returned to 36% by 01 October 2026. On 3 September 2026, a new female member appointed as an independent non-executive member of the Board of Directors and an existing female member of the Board of Directors resigned effective from 01 October 2026 Slide 38- Corporate Social Responsibility (CSR) 1) BOC Oncology Centre contribution assessed as a material topic (Entity Specific) to be reported in Sustainability Statement for FY2024 and FY2025 prepared in accordance with the European Sustainability Reporting Standards (ESRS) under Corporate Sustainability Reporting Directive (CSRD). The rest of the metrics presented in the slide are not assessed as material nor disclosed in the Sustainability Statement of FY2024 and FY2025 2) Number of physical attendees increased significantly due to the launch of the new exhibition ‘Cyprus Insula’ in July 2024, ended in June 2026 3) IDEA Innovation Centre is the largest non-profit incubator-accelerator for start-ups and an entrepreneurship hub for Cypriot young entrepreneurs, founded by Bank of Cyprus and other Partners Slide 41- Cyprus is a growing regional business and tech hub 1) Data for labour force is as at 31 December 2025 (Labour force age 15-64) Slide 42- Current Market Forward curves 1) Source: Based on Bloomberg market rates average of 23 August-23 September 2026. Slide 45 - Analysis of deposits 1) Calculation assuming that the cost of deposit remains unchanged 2) Calculation assuming that deposits balance and mix remain unchanged Slide 48 - ROTE on 15% CET1 Ratio 1) Includes distribution accrual at the top end of distribution policy (i.e. 70% payout ratio) on 1H2026 Adjusted Recurring Profitability 2) Includes distribution accrual at the top end of distribution policy (i.e. 70% payout ratio) on 9M2026 Adjusted Recurring Profitability Slide 49 – Quarterly evolution of CET1 ratio 1) OCR - Overall Capital Requirement (refer to slide 51) 2) Including reviewed profits for 1H2026 in line with the ECB Decision (EU) (2015/656) on the recognition of interim or year-end profits in CET1 capital in accordance with Article 26 (2) of the CRR and an ordinary distribution accrual thereon at the top end of the Group’s distribution policy 3) Does not include profits for the three months ended 30 September 2026 4) Including foreseeable charges 5) Distribution accrual at the top end of Distribution Policy in line with Commission Delegated Regulation (EU) No 241/2014 principles. The distribution accrual level does not constitute a decision by the Bank with respect to distribution payment for 2026 6) Including unaudited profits for 3Q2026 and an ordinary distribution accrual thereon at the top end of the Group’s distribution policy 73
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Footnotes Slide 50 - Risk weighted assets & regulatory capital 1) Includes unaudited profits for 3Q2026 not recognised in CET1 capital and an ordinary distribution accrual for the six months ended 30 June 2026 at the top end of the Group’s distribution policy. It also includes other prudential adjustments, as described in Section ‘A.1.1 Capital Base’ of press releaseIt includes accrual for an ordinary distribution at 70% payout ratio out of adjusted recurring profitability and BOD recommendation/approval and other prudential adjustments, as described in Section ‘B.2.1 Capital Base’ of press release 2) The distribution accrual level does not constitute a decision by the Bank with respect to distribution payment for 2026 3) Includes ordinary distribution accrual for the period ended 30 September 2026 at the top end of the Group’s distribution policy. It also includes other prudential adjustments, as described in Section ‘A.1.1 Capital Base’ of press release 4) Including unaudited profits for 3Q2026 and an ordinary distribution accrual thereon at the top end of the Group’s distribution policy Slide 52 - Buffer to MDA restrictions level & distributable Items 1) Including reviewed profits for 1H2026 and an ordinary distribution accrual thereon at the top end of the Group’s distribution policy. The distribution accrual level does not constitute a decision by the Bank with respect to distribution payment for 2026 2) Including unaudited profits for 3Q2026 and an ordinary distribution accrual thereon at the top end of the Group’s distribution policy. The distribution accrual level does not constitute a decision by the Bank with respect to distribution payment for 2026 3) Distributable Items definition per CRR Slide 53 - Significant buffer above the MREL requirement 1) The CBR increased as a result of the phasing in of O-SII to 2.25% on 1 January 2026 as well as the increase of CcyB for exposures in Cyprus to 1.5% in January 2026 2) Including unaudited profits for 3Q2026 and an ordinary distribution accrual thereon at the top end of the Group’s distribution policy. The distribution accrual level does not constitute a decision by the Bank with respect to distribution payment for 2026 3) MREL-Eligible Senior Preferred Notes and other MREL eligible liabilities 4) Calculated against the final MREL requirement of 24.03% of RWAs (+ CBR as at 30 September 2026) Slide 54-Income statement bridge for 9M2026 1) Please refer to section F.1 ‘Reconciliation of Interim Consolidated Income Statement for the nine months ended 30 September 2026 between the statutory and underlying basis’ of the Results Announcement Slide 57 - Statutory income statement for insurance businesses for 9M2026 1) Includes net revaluations and/or sale on policyholder assets included within “Net Insurance result” line in the Group’s Income Statement Slide 58- Leading card processing and payment solutions business in Cyprus 1) Contribution to the Group Slide 62 - Well diversified loan portfolio with high quality collateral 1) Gross loans as at 30 September 2026 of Corporate (incl. IB and International corporate), SME and Retail 2) Loan to Value (LTV) is calculated as the Gross IFRS Balance to the indexed market value of the property. Under Pillar 3 disclosures LTV is calculated as the Gross IFRS Balance to the indexed market value of collateral. Collateral takes into consideration the mortgage amount registered in the land registry plus legal interest from registration date to the reference date Slide 63 - Loans by economic activity, customer type and arrears analysis 1) Regulatory definitions were amended in 2026, resulting in the reclassification of certain exposures, with the most significant impact occurring between the real estate and construction sectors Slide 64- Gross loans by IFRS9 stage 1) In pipeline to exit NPEs subject to meeting all exit criteria; the analysis is performed on a customer basis Slide 65 - Stage 2 exposures at 6% of loan book; 98% of exposures present no arrears 1) Significant increase in credit risk Slide 66- Rescheduled loans 1) Rescheduled loans are presented net of fair value Slide 67- REMU - the engine for dealing with foreclosed assets 1) Amounts as per Sales Purchase Agreements (SPAs) 2) Source: Central Bank of Cyprus: Residential Property Price index report published on 24 September 2026 https://www.centralbank.cy/en/publications/residential- property-price-indices Slide 68 - REMU - the engine for dealing with foreclosed assets 1) Amounts as per Sales Purchase Agreements (SPAs) 2) Legacy properties relate to properties that were on-boarded before REMU set-up in January 2016 3) The BV of the properties disposed at the date of disposal as a proportion of the BV of the properties disposed at the time of the disposal plus the BV of the residual properties managed by REMU as at 30 September 2026 Slide 69- Evolution of REMU repossessed properties 1) Based on data from Land Registry - Sales contracts 74
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Executive Summary – Updated Financial Targets FY2022 Financial Performance Appendix Glossary & Definitions Table of contents
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Glossary & Definitions AC Amortised cost bonds. Adjusted recurring profitability The Group’s profit after tax (attributable to the owners of the Company) as reported, adjusted for the results of certain one-off items (e.g. capital gains, certain write-downs/write-ups relating to certain re-organisation activities and/or legacy related, as well as material non-cash transactions impacting the profitability) that fall outside the ordinary course of our business and are items that Management and investors would ordinarily identify and consider separately to better understand the underlying trends in the business and after taking into account distributions under other equity instruments such as the annual AT1 coupon). Allowance for expected loan credit losses As of 30 September 2025, the definition of both gross loans and allowance for expected loan credit losses was updated with respect to the residual fair value adjustment on initial recognition now being deducted from gross loans instead of being included in the allowance for expected loan credit losses. This revision was implemented to align the underlying basis with the statutory basis for gross loans and advances to customers measured at amortised cost and is not material. There is no impact on the net loans as a result of this update in the definitions. Comparative information has been revised to reflect this adjustment to conform with the current period’s disclosure format, unless otherwise stated. Comprises (i) allowance for expected credit losses (ECL) on loans and advances to customers (including allowance for expected credit losses on loans and advances to customers held for sale where applicable) and (ii) allowance for expected credit losses for off-balance sheet exposures (financial guarantees and commitments) disclosed on the balance sheet within other liabilities. AIEA This relates to the average of ‘interest earning assets’ as at the beginning and end of the relevant quarter. Interest earning assets include: cash and balances with central banks (including cash and balances with central banks classified as non-current assets held for sale), plus loans and advances to banks, plus reverse repos, plus net loans and advances to customers (including loans and advances to customers classified as non-current assets held for sale), plus ‘deferred consideration receivable’ included within ‘other assets’, plus investments (excluding equities and mutual funds). AT1 AT1 (Additional Tier 1) is defined in accordance with the Capital Requirements Regulation (EU) No 575/2013, as amended by CRR II applicable as at the reporting date. Book Value BV= book value = Carrying value prior to the sale of property. Basic earnings/(losses) per share Basic earnings per share is the Profit/(loss) after tax (attributable to the owners of the Company) divided by the weighted average number of ordinary shares in issue during the period, excluding treasury shares. Carbon neutral The reduction and balancing (through a combination of offsetting investments or emission credits) of greenhouse gas emissions from own operations. CET1 capital ratio (transitional basis) CET1 capital ratio (transitional basis) is defined in accordance with the Capital Requirements Regulation (EU) No 575/2013, applicable as at the reporting date. CET1 Fully loaded (FL) The CET1 fully loaded (FL) ratio is defined in accordance with the Capital Requirements Regulation (EU) No 575/2013, applicable as at the reporting date. Cost of Funding Effective yield of cost of funding: Interest expense of all interest bearing liabilities after hedging, over average interest bearing liabilities (customer deposits, funding from the central bank, interbank funding, subordinated liabilities). Historical information has been adjusted to take into account hedging. Cost to Income ratio Cost-to-income ratio comprises total expenses (as defined) divided by total income (as defined). Cost of Risk Loan credit losses charge (cost of risk) (year -to -date) is calculated as the annualised ‘loan credit losses’ (as defined) divided by average gross loans (as defined). The average gross loans are calculated as the average of the opening balance and the closing balance, for the reporting period/year. CRR DD Default Definition. 76
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Glossary & Definitions DTA Deferred tax asset. DFAs Debt for Asset Swaps. DFEs Debt for Equity Swaps. DTC Deferred Tax Credit. Effective yield Interest Income on Loans/Average Net Loans. Effective yield of liquid assets Interest income on liquids after hedging, over average liquids (Cash and balances with central banks, placements with banks and bonds). FTP Fund transfer pricing methodologies applied between the business lines to present their results on an arm’s length basis. FVOCI Fair value through other comprehensive income bonds. FVTPL Fair value through profit or loss bonds. GBV Gross Book Value. Green Asset ratio The proportion of a credit institution’s assets financing and invested in EU Taxonomy-aligned economic activities as a share of total covered assets. Gross Loans As of 30 September 2025, the definition of both gross loans and allowance for expected loan credit losses was updated with respect to the residual fair value adjustment on initial recognition now being deducted from gross loans instead of being included in the allowance for expected loan credit losses. This revision was implemented to align the underlying basis with the statutory basis for gross loans and advances to customers measured at amortised cost and is not material. There is no impact on the net loans as a result of this update in the definitions. Comparative information has been revised to reflect this adjustment to conform with the current period’s disclosure format, unless otherwise stated. Gross loans comprise: (i) gross loans and advances to customers measured at amortised cost (including loans and advances to customers classified as non-current assets held for sale where applicable) and (ii) loans and advances to customers classified and measured at FVPL (where applicable) as per statutory basis. Loans and advances to customers classified and measured at FVPL amounted to nil at 30 September 2026 (compared to nil as at 30 June 2026 and 31 December 2025). Gross performing loans Gross loans (as defined) excluding the Restructuring and Recoveries Unit (RRU) exposures (forming part of legacy exposures (as defined) of €74 mn as at 30 September 2026 (compared to €87 mn as at 30 June 2026 and €90 mn as at 31 December 2025 ). Gross Sales Proceeds Proceeds before selling charge and other leakages. Group The Group consists οf Bank of Cyprus Holdings Public Limited Company, “BOC Holdings” or the “Company”, its subsidiary Bank of Cyprus Public Company Limited, the “Bank” and the Bank’s subsidiaries. IB International Banking IBU Servicing exclusively international activity companies registered in Cyprus and abroad and not residents. 77
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Glossary & Definitions Legacy exposures Legacy exposures are exposures relating to (i) Restructuring and Recoveries Unit (RRU), (ii) Real Estate Management Unit (REMU), and (iii) non-core overseas exposures. Leverage Ratio Exposure (LRE) Leverage Ratio Exposure (LRE) is defined in accordance with the Capital Requirements Regulation (EU) No 575/2013, as amended. Liquid assets Cash, placements with banks, balances with central banks, reverse repos and bonds. Loan credit losses (PL) Loan credit losses comprise: (i) credit losses to cover credit risk on loans and advances to customers including loan credit losses on loans and advances to customers classified as non- current assets held for sale where applicable, (ii) net gains on derecognition of financial assets measured at amortised cost relating to loans and advances to customers and (iii) net gains/(losses) on loans and advances to customers at FVPL (where applicable), for the reporting period/year. Loan to Value ratio (LTV) Loan to Value (LTV) is calculated as the Gross IFRS Balance to the indexed market value of the property. Under Pillar 3 disclosures LTV is calculated as the Gross IFRS Balance to the indexed market value of collateral. Collateral takes into consideration the mortgage amount registered in the land registry plus legal interest from registration date to the reference date. MSCI ESG Rating The use by the Company and the Bank of any MSCI ESG Research LLC or its affiliates (‘MSCI’) data, and the use of MSCI Logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation or promotion of the Company or the Bank by MSCI. MSCI Services and data are the property of MSCI or its information providers and are provided “as-is” and without warranty. MSCI Names and logos are trademarks or service marks of MSCI. Net Proceeds Proceeds after selling charges and other leakages. Net interest margin (NIM) Net interest margin is calculated as the net interest income (annualised) divided by the ‘quarterly average interest earning assets’ (as defined). Net loans and advances to customers Net loans and advances to customers comprise gross loans (as defined) net of allowance for expected loan credit losses (as defined, but excluding allowance for expected credit losses on off-balance sheet exposures disclosed on the balance sheet within other liabilities). Net NPE ratio Calculated as NPEs (as defined) net of allowance for expected loan credit losses (as defined) over net loans and advances to customers (as defined) Net performing loan book Net performing loan book is the total net loans and advances to customers (as defined) excluding net loans included in the legacy exposures (as defined) Net zero emissions The reduction of greenhouse gas emissions to net zero through a combination of reduction activities and offsetting investments. New lending New lending includes the disbursed amounts of the new and existing non-revolving facilities (excluding forborne or re-negotiated accounts) as well as the average year-to-date change (if positive) of the current accounts and overdraft facilities between the balance at the beginning of the period and the end of the period. Recoveries are excluded from this calculation since their overdraft movement relates mostly to accrued interest and not to new lending. NII sensitivity Key simplifying assumptions An instantaneous and sustained parallel movement in EUR interest rates Static balance sheet in size and composition Assets and liabilities whose pricing is mechanically linked to market / central bank rates assumed to reprice accordingly 34% and 13% pass through assumption for EUR Fixed and Notice deposits respectively, and 74% pass through assumption for USD Fixed deposits 78
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Glossary & Definitions Non-interest income Non-interest income comprises Net fee and commission income, Net foreign exchange gains and net gains/(losses) on financial instruments and (excluding net gains on loans and advances to customers at FVPL), Net insurance result, Net (losses)/ gains from revaluation and disposal of investment properties and on disposal of stock of properties, and Other income. Non-recurring items Non-recurring items as presented in the ‘Unaudited Consolidated Income Statement–Underlying basis’ relate to ‘Advisory and other transformation costs - organic’. NPE coverage ratio The NPE coverage ratio is calculated as the allowance for expected loan credit losses (as defined) over NPEs (as defined). NPE ratio NPEs ratio is calculated as the NPEs as per EBA (as defined) divided by gross loans (as defined). NPEs As per the European Banking Authorities (EBA) standards and European Central Bank’s (ECB) Guidance to Banks on Non-Performing Loans (which was published in March 2017), non-performing exposures (NPEs) are defined as those exposures that satisfy one of the following conditions: (i) The borrower is assessed as unlikely to pay its credit obligations in full without the realisation of the collateral, regardless of the existence of any past due amount or of the number of days past due. (ii) Defaulted or impaired exposures as per the approach provided in the Capital Requirement Regulation (CRR), which would also trigger a default under specific credit adjustment, diminished financial obligation and obligor bankruptcy. (iii) Material exposures as set by the CBC, which are more than 90 days past due. (iv) Performing forborne exposures under probation for which additional forbearance measures are extended. (v) Performing forborne exposures previously classified as NPEs that present more than 30 days past due within the probation period. From 1 January 2021 two regulatory guidelines came into force that affect NPE classification and Days-Past-Due calculation. More specifically, these are the RTS on the Materiality Threshold of Credit Obligations Past-Due (EBA/RTS/2016/06), and the Guideline on the Application of the Definition of Default under article 178 (EBA/RTS/2016/07). The Days-Past-Due (DPD) counter begins counting DPD as soon as the arrears or excesses of an exposure reach the materiality threshold (rather than as of the first day of presenting any amount of arrears or excesses). Similarly, the counter will be set to zero when the arrears or excesses drop below the materiality threshold. Payments towards the exposure that do not reduce the arrears/excesses below the materiality threshold, will not impact the counter. For retail debtors, when a specific part of the exposures of a customer that fulfils the NPE criteria set out above is greater than 20% of the gross carrying amount of all on balance sheet exposures of that customer, then the total customer exposure is classified as non-performing; otherwise only the specific part of the exposure is classified as non-performing. For non-retail debtors, when an exposure fulfils the NPE criteria set out above, then the total customer exposure is classified as non-performing. Material arrears/excesses are defined as follows: (a) Retail exposures: Total arrears/excess amount greater than €100, (b) Exposures other than retail: Total arrears/excess amount greater than €500 and the amount in arrears/excess in relation to the customer’s total exposure is at least 1%. The NPEs are reported before the deduction of allowance for expected loan credit losses (as defined). 79
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Glossary & Definitions Non-legacy (performing) Relates to all business lines excluding Restructuring and Recoveries Unit (“RRU”), REMU and non-core overseas exposures. NSFR The NSFR is calculated as the amount of “available stable funding” (ASF) relative to the amount of “required stable funding” (RSF). The regulatory limit, enforced in June 2021, has been set at 100% as per the CRR II. OMV Open Market Value. Operating profit Operating profit comprises profit before loan credit losses (as defined), impairments of other financial and non-financial assets, provisions for pending litigation, claims, regulatory and other matters (net of reversals), tax, profit attributable to non-controlling interests and non-recurring items (as defined). Phased-in Capital Conservation Buffer (CCB) In accordance with the legislation in Cyprus which has been set for all credit institutions, the applicable rate of the CCB is 1.25% for 2017, 1.875% for 2018 and 2.5% for 2019 (fully phased-in). p.p. percentage points. Profit/(loss) after tax and before non-recurring items (attributable to the owners of the Company) This refers to the profit after tax (attributable to the owners of the Company), excluding any ‘non-recurring items’ (as defined). Profit/(loss) after tax – organic (attributable to the owners of the Company) This refers to the profit or loss after tax organic (attributable to the owners of the Company), excluding any ‘non-recurring items’ (as defined, except for the ‘advisory and other transformation costs – organic’). Qoq Quarter on quarter change. REMU Real Estate Management Unit Restructured loans Restructuring activity within quarter as recorded at each quarter end and includes restructurings of NPEs, performing loans and re-restructurings. Return on Tangible equity (ROTE) Return on Tangible Equity (ROTE) is calculated as Profit/(loss) after tax (attributable to the owners of the Company) (as defined) (annualised - (based on year - to - date days)), divided by the quarterly average of Shareholders’ equity minus intangible assets at each quarter/year end. 80
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Glossary & Definitions Return on Tangible equity (ROTE) on 15% CET1 ratio Calculated as Profit/(loss) after tax (attributable to the owners of the Company) (annualised - (based on year - to - date days), divided by the quarterly average of Shareholders’ equity minus intangible assets and after deducting the excess CET1 capital on a 15% CET1 ratio from the tangible book value. RRU Restructuring and Recoveries Unit. RWAs Risk Weighted Assets. RWA Intensity Risk Weighted Assets over Total Assets. Special levy on deposits and other levies/contributions Relates to the special levy on deposits of credit institutions in Cyprus, contributions to the Single Resolution Fund (SRF), contributions to the Deposit Guarantee Fund (DGF), as well as the DTC levy, where applicable. Stage 2 & Stage 3 Loans Include purchased or originated credit-impaired. Tangible book value per share Calculated as the total equity attributable to the owners of the Company, (i.e. not including other equity instruments, such as AT1) less intangible assets at each quarter/year end divided by the number of ordinary shares (excluding treasury shares) of the period/quarter end. Tangible book value per share excluding the cash dividend Calculated as the total equity attributable to the owners of the Company, (i.e. not including other equity instruments, such as AT1) less intangible assets at each quarter/year end and the amounts of any cash dividend approved/recommended for distribution in respect of earnings of the relevant year the dividend relates to, divided by the number of ordinary shares (excluding treasury shares) of the period/quarter end. Tangible Collateral Restricted to Gross IFRS balance. Total Capital ratio Total capital ratio is defined in accordance with the Capital Requirements Regulation (EU) No 575/2013, as amended by CRR II applicable as at the reporting date. Total expenses Total expenses comprise staff costs, other operating expenses and the special levy on deposits and other levies/contributions. It does not include ‘advisory and other transformation costs- organic’, where applicable. ‘Advisory and other transformation costs-organic’ amounted to nil for 9M2026 (compared to nil for 9M2025). Total income Total income comprises net interest income and non-interest income (as defined). Total loan credit losses, impairments and provisions Total loan credit losses, impairments and provisions comprise loan credit losses (as defined), plus impairments of other financial and non-financial assets, plus provisions for pending litigation, claims, regulatory and other matters (net of reversals). T2 Tier 2 Capital. Underlying basis This refers to the statutory basis after being adjusted for reclassification of certain items as explained in the Basis of Presentation. Write offs Loans together with the associated loan credit losses are written off when there is no realistic prospect of recovery. Partial write-offs, including non-contractual write-offs, may occur when it is considered that there is no realistic prospect for the recovery of the contractual cash flows. In addition, write-offs may reflect restructuring activity with customers and are part of the terms of the agreement and subject to satisfactory performance. Yoy Year on year change. 81