Bank Of Cyprus Holdings Plc · CSECY:BOCH
Bank Of Cyprus — Bank of Cyprus Holdings Public Limited Company — H1 2026 Earnings Presentation
80 slides from Bank Of Cyprus's earnings presentation, Aug 4, 2026
Slide 1: Bank of Cyprus Group
Bank of Cyprus Group GROUP FINANCIAL RESULTS For the six months ended 30 June 2026
Slide 2: Disclaimer
Disclaimer The financial information included in this presentation including the interim Condensed “continue”, “could”, “estimate”, “expect”, “goal”, “intend”, “may”, “project”, “plan”, “seek”, Consolidated Financial Statements for the six months ended 30 June 2026 has not been “should”, “target”, “
Slide 3: Contents
01 Executive Summary 02 1H2026 Financial Performance Contents 03 ESG update 04 Appendix 3
Slide 4: Executive Summary
01 Executive Summary
Slide 5: Why Bank of Cyprus
Why Bank of Cyprus Supportive Macro Leading Position in Banking and • Faster growth than Euro area average, and resilient Broader Financial Services to external shocks; tourism returning to pre-Iran • #1-2 positions across banking, insurance and war levels payment solutions in Cyprus • Cyprus is a r
Slide 6: Solid growth for 2026; Economy remains robust in the face of global uncertainty
Solid growth for 2026; Economy remains robust in the face of global uncertainty Strong economic growth in 1Q2026; solid prospects for 2026, Cyprus inflation rate at 3.5% in 2Q2026 underpinned by heightened outpacing Eurozone average energy prices Real GDP (yoy % change) Cyprus HICP2 index (yoy% chan
Slide 7: Strong fiscal foundations
Strong fiscal foundations Public debt to GDP ratio for Cyprus decreased to 50% Positive budget surpluses since 2022 As at 31 March 2026 Budget surplus as % of GDP1 4.3% 3.4% 144% 2.1% 2.6% 2.1% 2.3% 139% 1.7% 1.0% 118% 102% 91% 89% -1.6% 64% 50% -5.6% 37% -3.4% 2017 2018 2019 2020 2021 2022 2023 202
Slide 8: 2Q2026 Strong performance maintained across key metrics
2Q2026 Strong performance maintained across key metrics Profit increased to €131 mn NII increased to €188 mn, mainly on the back of volume growth (€ mn) (€ mn) 128 131 Average ECB 2.3% 2.0% 2.0% 2.0% 118 118 121 2.0% Deposit rate 182 180 183 181 188 2Q2025 3Q2025 4Q2025 1Q2026 2Q2026 2Q2025 3Q2025 4
Slide 9: Interim dividend at €0.24 per share, up 20% yoy; 44% payout
Interim dividend at €0.24 per share, up 20% yoy; 44% payout Building strong track record of attractive returns Interim dividend of c.€105 mn Payout ratio Cash dividend (€) Up to Total distribution 22 137 241 305 105 90%1 (€ mn) Top-up 0.70 70% Ordinary 50% dividend at 70% 0.48 0.50 30% 0.25 Interim
Slide 10: Sustainable growth of shareholder value
Sustainable growth of shareholder value Strong ROTE at 19.2% for 2Q2026 Growing TBV per share Well-capitalised with strong organic capital generation3 p.a. ROTE on 15% CET1 ratio Organic capital generation3 (bps) 26.1% 25.9% 27.7% 26.5% 27.9% 445 445 436 225 ROTE (reported) TBV per share 6.15 6.10 C
Slide 11: Financial targets
Financial targets 1H2026 2026 2027 - 2028 Mid-teens ROTE 18.8% Mid-teens Towards the upper end of the range ROTE ON 15% CET1 RATIO 27.3% >20% >20% DISTRIBUTIONS PAYOUT1 €0.24 per share Ordinary 70% 70% p.a. Interim dividend Up to 20%2 Up to 30%2 p.a. Top-up To be assessed annually ORGANIC CAPITAL GE
Slide 12: 1H2026 Financial Performance
02 1H2026 Financial Performance
Slide 13: 1H2026 highlights
1H2026 highlights PAT • Gross performing loans at €11.4 bn, up 5% ytd and 8% yoy €252 mn STRONG VOLUME GROWTH • Mainly retail deposit base at €22.8 bn, up 3% ytd and 9% yoy ROTE • Profit after tax of €252 mn1 of which €131 mn1 in 2Q2026 18.8% ATTRACTIVE • Basic earnings per share of €0.58 PROFITABIL
Slide 14: Income statement
Income statement € mn 1H2026 1H2025 yoy% 2Q2026 1Q2026 qoq% Net interest income 369 368 0% 188 181 4% Recurring non-interest income 132 121 9% 67 65 3% Other non-interest income 14 20 -30% 10 4 159% Total income 515 509 1% 265 250 6% Total operating expenses (186) (181) 3% (95) (91) 4% Operating pro
Slide 15: Highly liquid, customer funded and growing balance sheet
Highly liquid, customer funded and growing balance sheet Total assets AIEA1 1H2026 Total liabilities & equity (€ bn) (€ bn) 29.1 Cash balances 29.1 28.6 28.6 with Central Banks 1.6 Other assets 2.0 Other 1.7 2.0 REMU repossessed 0.3 0.4 properties 30% 3.0 Equity (incl AT1) 2.9 Net loans 42% 1.3 Whol
Slide 16: NII increased to €188 mn on the back of volume growth
NII increased to €188 mn on the back of volume growth NII up 4% qoq reflecting mainly volume growth Healthy volume growth in AIEA2 with deployment NII at €188 mn, up 4% qoq of liquidity to support margins reflecting higher volumes and (€ bn) margins NIM1 305 +8% +3% 283 (bps) 298 yoy ytd 286 283 281
Slide 17: Maintaining hedging activity to manage NII sensitivity
Maintaining hedging activity to manage NII sensitivity Hedging (€ bn) Jun 25 Dec 25 Mar 26 Jun 26 €0.4 bn net hedging in 1H2026, totaling €12.5 bn; Receive fixed IRSs1 on non- covering 47% of interest earning assets (vs 42% at 30 3.9 5.0 5.2 5.0 June 2025) maturing deposits Average Receive fixed IRS
Slide 18: Deposits up 9% yoy and 3% ytd; broadly stable pricing and mix qoq
Deposits up 9% yoy and 3% ytd; broadly stable pricing and mix qoq Deposits at €22.8 bn, up 3% ytd and 9% yoy Cost of deposits at 28 bps (€ bn) +9% +3% yoy ytd Cost of 29 27 27 27 28 22.8 Deposits1 20.9 22.2 22.3 (bps) 30% 6.3 30% 6.8 31% 6.9 30% 6.9 88 80 79 80 80 Deposits at €22.8 bn, up 9% yoy 1 3
Slide 19: Strong new lending of €1.6 bn in 1H2026, up 2% yoy
Strong new lending of €1.6 bn in 1H2026, up 2% yoy New lending of €1.6 bn New lending remains high at €812 mn in 2Q2026 New lending grew by 2% yoy to €1.6 bn, (€ mn) (€ mn) driven by housing and international corporate demand +2% +7% 1.641 842 New lending of €812 mn in 2Q2026, up 1.602 829 812 7% yo
Slide 20: Broad-based growth in performing loans, up 8% yoy and 5% ytd
Broad-based growth in performing loans, up 8% yoy and 5% ytd Gross performing loans1 Effective yield on performing loans Gross performing loans at €11.4 bn, (€ bn) (bps) up 5% since the beginning of the +8% +5% yoy ytd year supported both by domestic 484 458 and international demand 10.60 10.87 11.1
Slide 21: Fixed income portfolio at 19% of total assets, up 9% ytd
Fixed income portfolio at 19% of total assets, up 9% ytd Fixed income portfolio at €5.6 bn Fixed income securities– NBV Fixed income securities per issuer type - NBV up 4% qoq and 9% ytd (€ bn) Other financial & other corporations Highly rated and diversified fixed % Cyprus Government 17% 18% 19% 19
Slide 22: Non-NII covering 70-80% of total operating expenses
Non-NII covering 70-80% of total operating expenses YoY Performance (1H2026 vs 1H2025) Non-NII at €146 mn in 1H2026, supported by recurring non-NII growth (€ mn) Recurring non-NII at €132 mn, up 9% yoy reflecting: 78% 78% 77% 76% 81% 141 146 • Growth in net insurance result (slide 23) 21 14 77 72 69
Slide 23: Life and Non-Life insurance businesses – valuable and sustainable contribution to the Group
Life and Non-Life insurance businesses – valuable and sustainable contribution to the Group CONTRIBUTION TO THE GROUP Net insurance result (€ mn) +55% Recurring insurance PAT1 (€ mn) +36% 23% 21.9 17.5 c.33%2 245%3 €133 mn contribution to Non-NII 12.9 Market Solvency Total regular 14.1 share (#1) ra
Slide 24: Engaged digital customer base, increasing digital sales
Engaged digital customer base, increasing digital sales Increased use across all digital channels As at 30 June 2026 Of which 517K 1/3rd 488k 259k active users of digital Login to digital channels active mobile app users active QuickPay users channels daily Strong results from digital sales, both in
Slide 25: Strengthened digital offering
Strengthened digital offering Digital Housing Loans • Banking for minors (age 6-17), without the need • Digital application with instant decision for a mobile phone • €33 mn as at 30 June 2026 • c.12.9k Joeyers by June 2026 Car Dealers’ portal • Digital Car Dealers’ Portal enabling faster and simple
Slide 26: Cost to income ratio remains low at 36% in 1H2026
Cost to income ratio remains low at 36% in 1H2026 Yoy Performance (1H2026 vs 1H2025) Total operating expenses1 Total operating expenses1 up 3% yoy reflecting (€ mn) increased exit costs recorded in 2Q2026 181 186 10 14 Staff costs up 2% yoy to €96 mn relating mainly to 114 95 96 +2% 94 91 91 95 sala
Slide 27: Healthy asset quality with NPE ratio reduced to 1.0%; REMU stock
Healthy asset quality with NPE ratio reduced to 1.0%; REMU stock <€0.35 bn Robust asset quality maintained; NPE ratio Net release of 12 bps in cost of risk on sustained robust asset quality reduced to 1.0% 0.32% 0.33% 0.36% 0.26% Underlying cost of risk of 28 bps; reported cost of risk at a credit o
Slide 28: Robust capital position: CET1 at 20.9%
Robust capital position: CET1 at 20.9% Organic capital generation of 225 bps3 in 1H2026 Regulatory capital ratios 25.9% 25.3% 25.8% Acquisition of a portfolio of performing loans & deposits from CDB 24.0% 22.4% Bank; -c.35 bps4 estimated capital impact at completion 21.0% 20.5% 20.9% 19.2% 17.4% Div
Slide 29: BOC is investment grade rated by all credit rating agencies
BOC is investment grade rated by all 3 credit rating agencies Moody’s affirmed rating to A3 S&P affirmed rating to BBB- Fitch upgraded rating to BBB in December 2025; outlook positive in December 2025; outlook positive in November 2025; outlook stable A3 A3 A- A- A- A- Baa1 A3 BBB+ BBB+ Baa2 BBB BBB
Slide 30: Key information and contact details
Key information and contact details Contacts Investor Relations & ESG Executive Director Finance Tel: +357 22 122239, Email: investors@bankofcyprus.com Eliza Livadiotou, Tel: +35722 122128, Email: eliza.livadiotou@bankofcyprus.com Annita Pavlou Manager Strategy, Investor Relations & ESG Tel: +357 22
Slide 31: ESG update
03 ESG update Click here to find out more in our Annual Report
Slide 32: Key milestones achieved by 1H2026
Key milestones achieved by 1H2026 • c.€560 mn Green Housing gross loans with EPC Category A as of June 2026, compared to c.€452 mn as of December 2025 • Environmentally Friendly gross loans of €683 mn as of June 2026 compared to €572 mn as of E December 2025 • Utilisation of renewable energy in own
Slide 33: Delivering on our ESG commitments
Sustainable Development Goals: Delivering on our ESG commitments Stakeholder: Investors Regulators Customers & Markets • Publish the second PRB Self- • Publish the second Sustainability Statement • Continue Assessment for FY2025 (CSRD report) enhancement of & Progress Report • Narrow gaps identified
Slide 34: Delivering on our ESG commitments
Delivering on our ESG commitments GHG Emissions¹ – Scope 1 & Scope 2 (tCO2e) Bank’s performance against baseline of 2021: Climate Change – Target 1: reduced by 5% yoy Reducing Scope 1 & Scope 2 - 5%³ GHG emissions by 42% by 2030 compared to 2021 baseline 3,693 -6% 3,483 (27%) (42%) (11%) (25%) (25%)
Slide 35: Delivering on our ESG commitments
Delivering on our ESG commitments Climate Change: Climate Change: Climate Change: Increase portfolio of environmentally Decrease utilisation of renewable energy Reduce paper consumption² friendly loans in own operations³ Gross loans (€ mn) Renewable energy (kWh) 683 -10% 572 2 14 3 12 -34% 107 105 2
Slide 36: Delivering on our ESG commitments
Delivering on our ESG commitments Learning & Development ¹,²: Gender Diversity: Provide upskilling/reskilling employee opportunities At least 30% women in ExCo and Senior Management by 2030 Training Attendance (hours) Women Men 34,157 30,187 33% 33% (38%) ≥ 30% 13,075 11,555 18,632 21,082 1H2024 1H2
Slide 37: Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) BOC Oncology Centre¹: BOC Cultural Foundation: Wellbeing program “Well at Work”: Bank of Cyprus Cultural Foundation activities Contribute and support cancer patients 16 ~1,170 2 and their families through the Bank of 16,690 Cyprus Oncology Centre. 12,934 • Cumul
Slide 38: Appendix
04 Appendix
Slide 39: Table of contents
Table of contents Executive Summary – Updated Financial Targets FY2022 Financial Performance Appendix Macroeconomic overview
Slide 40: Sectoral breakdown of the economy
Sectoral breakdown of the economy Cyprus Greece Cypriot economy is diversified: no sector accounts for more than 15% of total GVA 5% 5% 4% 7% 6% 5% 4% 14% 6% 6% 5% Real estate accounts for 9% of GVA (vs 20% in Greece) 6% 4% 21% 7% 14% 9% ICT sector at 14% of the economy in 2024 (vs 7% in 2019) aided
Slide 41: Cyprus is a growing regional business and tech hub
Cyprus is a growing regional business and tech hub Well educated, highly skilled labour force Cyprus as an attractive business hub… Level of education • Cyprus is the eastern gateway to the European Union and a safe, stable and business friendly hub for the region Tertiary 47% #2 country in Europe •
Slide 42: Current Market Forward curves
Current Market Forward curves Average ECB Deposit rate1 Average 6m Euribor1 Jan 2026 - as communicated in the investor update Jun 2026 Jan 2026 -as communicted in the investor update Jun 2026 FY2026: 2.2% (vs 2.0% previously) FY2026: 2.6% (vs 2.2% previously1) 2.8% 2.8% 2.8% 3.0% 2.7% 2.6% 2.6% 2.5%
Slide 43: Table of contents
Table of contents Executive Summary – Updated Financial Targets FY2022 Financial Performance Appendix Additional financial information
Slide 44: Robust liquidity position: significant surplus liquidity of €9.0 bn
Robust liquidity position: significant surplus liquidity of €9.0 bn Diversified, mainly retail funded deposit base Highly liquid balance sheet Group deposits Liquid assets ts posi 6% e SMEs 11% 20% 2% Cash balances with Central Banks d ed Retail Placements with Banks n cash 53% insur €22.8 bn Corpor
Slide 45: Analysis of deposits
Analysis of deposits Deposits by Type Deposits by Customer Sector Deposits by Currency (€ bn) (€ bn) (€ bn) Sector Dec 25 Mar 26 Jun 26 Type Dec 25 Mar 26 Jun 26 Currency Dec 25 Mar 26 Jun 26 Retail 13.50 13.53 13.86 Current, Demand 15.44 15.39 15.88 EUR 20.25 20.24 20.74 & Savings SME 1.40 1.38 1.4
Slide 46: Income statement
Income statement € mn 1H2026 1H2025 yoy% 2Q2026 1Q2026 qoq% Net Interest Income 369 368 0% 188 181 4% Net fee and commission income 90 88 3% 46 44 4% Net foreign exchange gains and net gains on financial instruments 14 18 -23% 10 4 127% Net insurance result 33 24 35% 16 17 -2% Net gains/(losses) fro
Slide 47: Consolidated balance sheet
Consolidated balance sheet Assets (€ mn) 30.06.2026 31.12.2025 % change Liability and equity (€ mn) 30.06.2026 31.12.2025 % change Cash and balances with central Deposits by banks 369 404 -9% 7,598 7,933 -4% banks Customer deposits 22,798 22,187 3% Loans and advances to banks 480 576 -17% Debt secur
Slide 48: ROTE on 15% CET1 ratio
ROTE on 15% CET1 ratio TBV adjusted for excess CET1 capital on a 15% CET1 ratio ROTE on 15% CET1 € mn Dec 25 Mar 26 Jun 26 € mn FY2025 1Q2026 1H2026 Shareholders’ equity 2,710 2,829 2,732 PAT annualised 481 490 508 - Intangible assets (52) (52) (50) Average TBV adjusted for excess 1,823 1,848 1,862
Slide 49: Quarterly evolution of CET1 ratio
Quarterly evolution of CET1 ratio min OCR1 requirement for June 2026 25.8% 20.5% 20.7% 20.9% 4.9% 1.1% (0.9%) 1.2% (0.7%) (0.1%) (0.1%) (0.1%) 11.9% 16.5% Regulatory 1Q2026 Ordinary CET1 incl. 2Q2026 Ordinary RWAs AT1 coupon Other CET1 ratio AT1 & T2 Total CET1 Profits distribution Retained Profits
Slide 50: Risk weighted assets & regulatory capital
Risk weighted assets & regulatory capital Risk weighted assets by geography Reconciliation of group equity to CET1 € mn 31.12.25 31.03.26 30.06.26 € mn 30.06.26 Cyprus 10,403 10,543 10,578 Shareholder’s equity 2,732 Overseas 21 21 17 Less: Intangibles (21) RWAs 10,424 10,564 10,595 Less: Deconsolida
Slide 51: Overall capital requirements
Overall capital requirements CET1 and Total capital ratio minimum capital CET1 ratio requirements on 30 June 2026 at 11.93% and 16.52% 11.93% respectively 11.34% 11.38% c.1.27% CCyB c.0.92% c.0.90% 2.25% O-SII c.1.88% c.1.94% Pillar 2 requirement decreased by 25 bps to 2.50%, CCB 2.50% 2.50% 2.50% e
Slide 52: Buffer to MDA restrictions level & distributable items
Buffer to MDA restrictions level & distributable items Regulatory CET1 Ratio Distance to MDA: 897 bps Significant CET1 MDA buffer as at 30 June 2026: 897 bps (€950 mn) 20.9% Distributable items2 of €2,328 mn for BOCH as at 30 June 2026 11.9% CET1 ratio MDA threshold Jun 26 1 Jun 26 Refer to Footnote
Slide 53: Significant buffer above the MREL requirement
Significant buffer above the MREL requirement MREL ratio including capital used to meet the CBR1 (as % of MREL (% of RWAs) RWAs) at 34.9% as at 30 June 2026 34.9% MREL ratio (as % of Leverage Ratio Exposure (LRE)) at 12.9% as c.30.1% 3 at 30 June 2026 9.0% 3 c.6.0% Based on SRB communication receive
Slide 54: Income statement bridge for 1H2026
Income statement bridge1 for 1H2026 Underlying Statutory € mn Reclassifications basis basis Net interest income 369 - 369 Net fee and commission income 90 - 90 Net foreign exchange gains and net gains on financial instruments 14 - 14 Net gains on derecognition of financial assets measured at amortis
Slide 55: Analysis of interest income and interest expense
Analysis of interest income and interest expense Analysis of Interest Income (€ mn) 1Q2025 2Q2025 3Q2025 4Q2025 1Q2026 2Q2026 1H2025 1H2026 Loans and advances to customers 124 121 119 119 115 120 245 235 Loans and advances to banks and central banks 57 46 42 42 40 42 103 82 Repurchase agreements 8 8
Slide 56: Income statement by business line for 1H2026
Income statement by business line for 1H2026 IBU & Consumer SME Corporate € mn International RRD REMU Insurance Treasury JCC Other Total Banking Banking Banking corporate Net interest income/(expense) 169 26 62 64 2 (3) 1 51 - (3) 369 Net fee & commission income/(expense) 33 5 9 24 2 - (5) 3 15 4 90
Slide 57: Statutory income statement for insurance businesses for 1H2026
Statutory income statement for insurance businesses for 1H2026 € mn 1H2026 1H2025 yoy% € mn 1H2026 1H2025 yoy% Insurance revenue 49.3 41.5 19% Insurance revenue 46.0 36.2 27% Insurance service expense (24.2) (26.4) -8% Insurance service income/ (expense) (2.3) (15.8) -85% Net insurance service resul
Slide 58: Leading card processing and payment solutions business in Cyprus
Leading card processing and payment solutions business in Cyprus Strong transaction growth in value, up 11% yoy Net fee and commission income up 6% yoy, driven by Value of transactions (€ mn) higher volume of transactions and by structural improvements in third-party cost absorption 9,202 8,287 7,29
Slide 59: JINIUS: leading in shaping the digital local economy
JINIUS: leading in shaping the digital local economy Business-to-Business (B2B) Business-to-Consumer (B2C) Going forward… • Electronic Invoicing • Marketplace (16 product categories; • Introduce a Cars Marketplace that latest addition of Pets, Baby & expands loan origination opportunities for • Remi
Slide 60: Table of contents
Table of contents Executive Summary – Updated Financial Targets FY2022 Financial Performance Appendix Additional Asset Quality Slides
Slide 61: Well diversified loan portfolio with high quality collateral
Well diversified loan portfolio with high quality collateral Gross performing loans1 by business sector of €11.4 bn € bn Housing Other Private 4.23 0.77 5.00 Individuals Hotels & 1.27 Catering Trade 0.93 Private individuals Private individuals Business LTV2 Housing Other €6.40 bn Real Estate 1.06 €4
Slide 62: Loans by economic activity, customer type and arrears analysis
Loans by economic activity, customer type and arrears analysis Gross loans (€ mn) Jun 25 Dec 25 Jun 26 Gross loans by customer Jun 25 Dec 25 Jun 26 Trade 909 921 938 type (€ mn) Manufacturing 460 460 487 Retail housing 3,662 3,740 3,847 Hotels & Catering 1,216 1,188 1,275 Retail other 1,101 1,115 1,
Slide 63: Gross loans by IFRS 9 stage
Gross loans by IFRS 9 stage Gross loans by IFRS 9 stage Stage 2 ratio and coverage Stage 3 ratio and coverage € mn 11,491 Coverage Coverage 11,188 118 1% 6.4% 6.1% 5.9% 70% 71% 73% 10,955 Stage 3 121 771 7% 127 814 Stage 2 804 1.2% 7.3% 7.3% 1.1% 6.7% 1.0% 10,024 10,253 10,602 92% Stage 1 Stage 2 as
Slide 64: Stage exposures at 7% of loan book; 98% of exposures present no arrears
Stage 2 exposures at 7% of loan book; 98% of exposures present no arrears € mn 771 29 Limited migration rate of Stage 2 to Stage 3 at 1.7% 4.0% Hotel & catering Trade 47 5.7% 5.2% 5.7% Real estate 193 • €246 mn (32%) Performing Forborne 2.5% • €123 mn (16%) Individual assessments 2.2% 6.0% Other 200
Slide 65: Rescheduled Loans
Rescheduled Loans Rescheduled loans1 by customer type Fair value of collateral and credit enhancements € bn Dec 24 Dec 25 Jun 26 Loans and advances to customers (€ mn) Jun 26 Retail housing 0.09 0.04 0.04 Cash 644 Retail other 0.02 0.01 0.01 Securities 594 Letters of credit / guarantee 230 SMEs 0.03
Slide 66: REMU - the engine for dealing with foreclosed assets
REMU - the engine for dealing with foreclosed assets REMU repossessed stock reduced to €341 mn as at 30 June 2026 Organic sales1 comfortably above Book Value BV to 80% 76% 72% 72% 69% 67% 125% OMV 120% 2.0 114% 109% 108% 105% 1.5 1.08 87% 88% 1.0 0.86 80% 81% 77% Group BV 0.66 73% (€ bn) 0.44 0.38 0
Slide 67: REMU - the engine for dealing with foreclosed assets
REMU - the engine for dealing with foreclosed assets €2.51 bn sales1 of 5,538 properties across all property classes €34 mn sales1 in 1H2026; comfortably above Book Value since set-up Sales € mn (contract prices1) 124% 126% 132% 120% 85% 79% 95% 82% 99 331 575 579 492 1,130 674 569 486 382 221 505 5
Slide 68: REMU - the engine for dealing with foreclosed assets
REMU - the engine for dealing with foreclosed assets Repossessed properties sold exceed properties acquired since 2019 REMU repossessed stock by type 30 June 2026 Group BV (€ mn) 17 33 Land Golf 524 1,488 Commercial & Manufacturing 58 (1,379) €341 mn 202 Residential Overseas 31 (18) (274) 341 Jan 19
Slide 69: Appendix
Table of contents Appendix Footnotes
Slide 70: Footnotes
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 Source: Cystat, Eurostat Slide 6 -Solid growth for 2026; Economy remains 1) Projections on Cypriot economy based on Central bank of
Slide 71: Footnotes
Footnotes Slide 19 – Strong new lending of €1.6 bn in 1) Facilities/limits approved in the reporting period 1H2026, up 2% yoy Slide 20 - Broad-based growth in performing 1) Includes Corporate, International corporate, International business services, SME and Retail. loans up 8% yoy and 5% ytd Slide
Slide 72: Footnotes
Footnotes 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. Slide 35 - Delivering on our ESG commitments 2) Reduction of paper consumpti
Slide 73: Footnotes
Footnotes 1) Includes ordinary distribution accrual for the period ended 30 June 2026 at the top end of the Group’s distribution policy, as described in Section ‘B.2.1 Capital Base’ of press release Slide 50 - Risk weighted assets & regulatory 2) It includes accrual for an ordinary distribution at 7
Slide 74: Table of contents
Table of contents Executive Summary – Updated Financial Targets FY2022 Financial Performance Appendix Glossary & Definitions
Slide 75: Glossary & Definitions
Glossary & Definitions AC Amortised cost bonds. 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 rela
Slide 76: Glossary & Definitions
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 balance
Slide 77: Glossary & Definitions
Glossary & Definitions Legacy exposures Legacy exposures are exposures relating to (i) Restructuring and Recoveries Division (RRD), (ii) Real Estate Management Unit (REMU), and (iii) non-core overseas exposures. Leverage Ratio Exposure (LRE) Leverage Ratio Exposure (LRE) is defined in accordance wit
Slide 78: Glossary & Definitions
Glossary & Definitions 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 Non-interest income customers at FVPL), Net insurance result, Net (losses)/ gains from reva
Slide 79: Glossary & Definitions
Glossary & Definitions Non-legacy (performing) Relates to all business lines excluding Restructuring and Recoveries Division (“RRD”), REMU and non-core overseas exposures. The NSFR is calculated as the amount of “available stable funding” (ASF) relative to the amount of “required stable funding” (RS
Slide 80: Glossary & Definitions
Glossary & Definitions Return on Tangible equity (ROTE) 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 on 15% CET1 ratio minus intangible assets and after deduc
Bank of Cyprus Holdings Public Limited Company — H1 2026 Earnings Presentation on 6ix