Lhv Group As · OMXTSE:LHV1T
Lhv Group As — Q2 2018 Earnings Presentation
16 slides from Lhv Group As's earnings presentation, Jul 24, 2018
Slide 1: LHV Group Q2 2018 results
LHV Group Q2 2018 results July 24, 2018
Slide 2: Onwards with strong focus
Onwards with strong focus Main events Other * Sale of Mokilizingas * Disclosure of updated financial plan * Higher income from institutional « Advance income tax applied for the first time banking * 16 cents dividend per share * Award of Best bank in Estonia * Additional ATMs Subsequent events * Lau
Slide 3: Higher income from the sale of Mokilizingas and transaction advisory
LHV Group Higher income from the sale of Mokilizingas and transaction advisory Financial results, EURt Net interest income Net fee and commission income Other income Total revenue Total operating expenses Earnings before impairment Impairment losses on loans Income tax Net profit Business volumes, E
Slide 4: Comparison with financial plan
LHV Group — comparison with financial plan Net profit compared to financial plan +0.7 EURm Financial results, EURt Total revenue, incl. Net interest income Net fee and commission income Total operating expenses Earnings before impairment Impairment losses on loans Income tax Net profit attr. to owne
Slide 5: LHV Banking
LHV Banking About 6,800 new customers in Q2 Deposits 4900 452% — 1,554 1600 = = 1200 4,021 = 900 = || = an | |_| 300 0 O46 08-16 04-16 ata7 09-17 8-17 4-17 as O48 Demand deposits = Term deposits EUR Loans (net) 640 599 a | | ° - go xf GE 320 160 0 Q2-16 Q3-16 Q4-16 at-17 2-17 3-17 Q4-17 arig Q2-18 C
Slide 6: LHV Banking
LHV Banking Higher fee and commission income resulted in record quarter profit Financial results, EURt Net interest income Net fee and commission income Other income Total revenue Total operating expenses Earnings before impairment Impairment losses on loans Income tax Net profit Business volumes, E
Slide 7: LHV Banking — comparison with financial plan
LHV Banking — comparison with financial plan Net profit ahead of updated financial plan by +0.3 EURm Financial results, EURt 13 months Total revenue, incl. —_~“ Net interest income — Net fee and commission income = —,——A Total operating expenses ~ Earnings before impairment Impairment losses on loan
Slide 8: LHV Asset Management
LHV Asset Management LHV actively managed funds have offered more stable returns 104% Assets under management and customers Mtge $< 1035 — customers (th) 1167 2-16 03-16 Pillar | pensionfunds 4-16 Qi? Q2-17 3-17 Q4-17 ==" Other funds 50/50 Pillar Il pensionifunds NAV change (YTD) — Lumina A SEB Prog
Slide 9: Financial reporting is subject to IFRS 15 starting from FY 2018
• • • 9 Financial reporting is subject to IFRS 15 starting from FY 2018, historic periods presented without changes
Slide 10: Financial reporting is subject to IFRS 15 starting from FY 2018
• • 10 Financial reporting is subject to IFRS 15 starting from FY 2018, historic periods presented without changes
Slide 11: Stock information
LHV Group Stock information EUR LHV stock price and turnover EURt SE LHV daily turnover EUR?) HV stock closing price (FUR) - ree li tsa han Apr 16 hi 16 Oot 16 lan 17 Ape 17 hi 17 Oct 17 Jan1B Apr 18 Dynamics of LHV stock price and comparison indexes 175% LAV stock (LHVIT) 160% Mx Tallinn index (OMX
Slide 12: LHV Bank United Kingdom
1 mln LHV Bank Card payments in a month Best place for holding LHV shares United Kingdom 6,800 Active interest of customers Bank customer increase 15
Slide 13: Annexes
Annexes
Slide 14: Strong liquidity and capitalization
LHV Group Strong liquidity and capitalization % LCR 300 200 127 : | | | | | 0 a2. 03 G4 Qt G2 @8 QHI7 at a2 2017 2016 % CT1 capital adequacy 20 16 14.1 wz 1 8 4 o w as OF OL Os OM Or @ 2017 2018 —— LAV internal Tier 1 ratio limit 14 ELRm 1,800 1,350 900 45 8 Co) Loan-deposit ratio % : 60 40 TNE 0 a2
Slide 15: Loan portfolio quality influenced by loans to a few customers
LHV Group Loan portfolio quality influenced by loans to a few customers % Corporate loans by ratings 30 26 20 15 10 1 ° il Bf 8 9 wp 02-17 20148 02-18 EURM —_LHV Finance loans overdue porfolio 02 18 - =~ ws @ 2 @ 2. = F Os 15 7.0 oF TITITTT} 2 a oF oO a aw mw ow Ut 2017 2018 "loan impairments = over
Slide 16: AS LHV Group contact details
AS LHV GROUP TARTU MNT 2, TALLINN 6 802 670 INFO@LHV.EE LHV.EE