Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q3 2020 Earnings Presentation
19 slides from Banco Davivienda SA's earnings presentation, November 2020
Slide 1: Consolidated Financial Results 3Q20
O/WVIMIENON Consolidated Financial Results 3Q20 Memberof Dow Jones Sustainability Indices Powered by the S&P Global CSA @ DAVIVIENDA
Slide 2: Disclaimer
The information hereby presented is exclusively for informative and illustrative purposes, and it is not, nor does it pretend to be, a source for legal or financial assessment of any kind. Both the financial assessments and forecasts presented herein are based on information and calculations carried
Slide 3: Macroeconomic Fundamentals Colombia
ae ‘Macroeconomic Fundamentals Colombia @ Gross Domestic Product (Y/Y) Average 2020 = -7.9% Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun20 Sep-20 Source: National Administrative Department of Statistics(DANE) Exchange Rate and Oil Prices 3,807 50.57 ee 37.78 cop / usD Brent (US/brr) Dec-18 Jun19 Dec-19 Ma
Slide 4: Macroeconomic Fundamentals Central America
@ Macroeconomic Fundamentals Central America @ = 2 > GDP (Y/Y) 3.3% - Panama 22 0.4% Costa Rica 8.6% Honduras 18.5% El Salvador Jung Oct-19 Feb20 Jun20 ~19-2% Exchange Rate 628.9 562.2 CRCIUSD HNL/USD (rh) Aug-18 Feb-19 Sep-19 Apr-20 Oct-20 Source: Central Banks. Inflation (Y/Y) 5.1%: Honduras ae 3.
Slide 5: Results 3Q20
<= 2. 5 Results 3Q20 Covid-19 Back id $394.2" Accum. Net Profit ol aexgroun Y/Y: -64.1% ° 7% of total gross loans have some type of financial relief. Permanent monitoring and adjustment to credit policies to promote Gross Loans economic recovery. Q/Q:1.8% Y/Y: 15.0% Additional loan-loss reserves to
Slide 6: Digital Transformation of our Traditional Business
@ Digital Transformation of our Traditional Business ici * Digital Customers © Digital Deposits** 83%! 86%! 89%! TT%' 41% 34%! Se o = a = 1,470 =_ yy —_ CONS COL CR PN sv HN 1,099 Retail Digital Offer .oans Mortgage & = SA pvehicle e 2018 2019 Sep. 20 fill Balance Transfer 4% 1.7% 5.6% 7.5% 19.4% 25
Slide 7: DaviPlata, our Native Digital Bank
@ DaviPlata, our Native Digital Bank e Customers’ Composition* (Millions of customers) 11.2 5.5 Common with (26 f | 2.0 Davivienda Of First financial product 3.9 Hl With products 47 in the sector . Total New customers customers” ‘acknowledgements Future Digital Global Banking & Awards Finance Awards
Slide 8: Balance Sheet - Assets
@ Balance Sheet - Assets 3Q20/2Q20 3Q20/3Q19 Cash -19.5% Net Investments 0.9% Gross Loans 1.8% Loan Loss Reserves 21.8% Others -1.0% Assets" -1.2% FX Effect 0.7% Assets Colombia COP International 2 USD Figures in COP trillion 1.Consolidation accounts for 804.5 billion COP 2. Figures in billion USD A
Slide 9: Balance Sheet - Gross Loans
@ Balance Sheet - Gross Loans $109.5 $111.5 3Q20/2Q20 3Q20/3Q19 $97.0 Mortgage 2.9% 12.6% Consumer 1.6% 16.2% 30.5 31.0 Commercial 1.4% 15.5% 28:6 Gross Loans 1.8% 15.0% 47.6 54.2 55.0 FX Effect 0.6% 3.7% Sep. 19 Jun. 20 Sep. 20 Gross Loans Sep.19 Jun.20 Sep. 20 3Q20/2Q20 3Q20/3Q19 Colombia 76.8 87.
Slide 10: Our portfolio status
@ Our portfolio status Reliefs Evolution @ coL 18% 36% 9 33% Ss 30% 27% 42% Commercial 9% a I Consumer | Mortgage Mar Apr May Jun Jul Aug Sep == % Portfolio with reliefs == % Portfolio with reliefs CAM + past due > 30 days 0, 36% 37% 46% 43% 39% $309 million USD 15% yy Th mm 9% 27% Mar Apr May Jun J
Slide 11: Balance Sheet - Credit Risk Management
rey | Balance sheet - Credit Risk Management (%) PDL! > 30 days Portafolio 4qQ19 1Q20 2Q20 3Q20 Commercial 5.02% 4.88% 4.19% 4.88% Consumer 5.14% 2.87% 1.22% 5.43% Mortgage 9.04% 5.71% 4.73% 4.70% Total 6.02% 4.50% 3.48% 4.91% PDL! > 90 days Cartera 4q19 1Q20 2Q20 3Q20 Commercial 4.04% 3.81% 3.77% 3
Slide 12: Balance Sheet - Funding Sources
@ Balance Sheet - Funding Sources 3Q20/2Q20 3Q20/3Q19 Demand Deposits 0.4% 34.6% Term Deposits -1.2% -0.1% 1.8% 5.4% Credits -8.6% 24.9% Funding Sources -1.3% 17.2% FX Effect 0.7% 4.2% Gross Loans / Funding Sources Funding Sources Sep.19 Jun. 20 Colombia 75.6 88.4 COP 24.9 30.8 International USD" 7.
Slide 13: Capital Adequacy Ratios and Equity
Capital Adequacy Ratios Equity (COP Trillion) Tier 1 Tier 2 Sep.20/Sep.19 5,1% Sep.20/Jun.20 0,9%
Slide 14: P&L - Financial Margin
WA a P&L - Financial Margin QUARTER 740 Sep.19 Jun.20 Sep.20 12Months § 55% 6.29% 6.26% Nim? - Annualized 6.41% Quarter 6.39% 6.07% 3Q19 ACCUMULATED 2,601 2Q20 3Q20 Sep.19 Sep.20 3Q20$ 3Q20/2Q20% 3Q20/3Q19% Sep.20$ Sep.20/Sep.19 % 2,569 -5.6 3.0 Loan Income 7,983 10.2 252 -23.2 12.8 Investment Incom
Slide 15: P&L - Expenses
Pat - Expenses QUARTER ACCUMULATED Sep.19 Jun.20 Sep.20 Costto Months 45.8% 47.3% 47.3% Income? Annualized 45 39% 48.7% 45.6% 3Q19 2920 3Q20 Sep.19 Sep.20 3Q20$ 3Q20/2Q20% 3Q20/3Q19 % Sep.20 $ Sep.20/Sep.19 % 396 -1.4 5.9 Personnel Expenses 1,210 7.3 631 -1.0 12.9 Operating Expenses and Others”? 1,8
Slide 16: P&L - Net Income
@ P&L - Net Income Ena’ QUARTER Sep.19 Jun.20 Sep.20 ACCUMULATED 12Months 17.71% 8.57% 6.10% ROAE? Annualized quarter 11.36% 3.77% 1.48% 1,099 122 12Months 4.31% 0.84% 0.59% za ROAA” Annualized quarter 11-16% 0.35% 0.14% 3Q19 2020 3020 Sep.19 Sep.20 3Q20$ 3Q20/2Q20% 3Q20/3Q19% Sep.20$ Sep.20/Sep.19
Slide 17: Visit us at ir.davivienda.com
Visit us at ir.davivienda.com
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Slide 19: Balance - Coverage Ratios (%)
@ Balance - Coverage Ratios (%) Coverage* Portfolio 4Q19 1Q20 2Q20 3Q20 Commercial 117.0% 118.5% 128.2% 156.5% Consumer 280.6% 274.4% 821.3% 1,050.7% Mortgage 37.3% 39.5% 55.6% 64.3% Total 123.1% 122.3% 154.1% 197.0% Total Reserves Coverage? Portfolio 4Q20 1Q20 2Q20 3Q20 Commercial 140.6% 142.3% 150