2Q 2013 Earnings. Growth according to expectations. 13 August August 2013 Growth according to expectations 1

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1 2Q 2013 Earnings Growth according to expectations 13 August August 2013 Growth according to expectations 1

2 Disclaimer This presentation does not constitute or form any part of an offer, invitation or inducement to sell or subscribe, or any solicitation of an offer to purchase or subscribe for any securities. This presentation does not purport to contain all information that a prospective investor might require, and neither this presentation nor any part of it nor the fact of its distribution shall form the basis of, or be relied on in connection with, any contract for the purchase or subscription of any securities. The forecasts and forward-looking statements contained in this presentation are necessarily based upon a number of assumptions and estimates that, while considered reasonable by us, are inherently subject to significant business, operational, economic and competitive uncertainties and contingencies, many of which are beyond our control, and upon assumptions with respect to future business decisions that are subject to change. Actual results may differ materially from those projected. Certain items of numerical information and other amounts and percentages set forth in this presentation may not add up to the correct total due to rounding. 13 August 2013 Growth according to expectations 2

3 13 August 2013 Growth according to expectations 3 Overview

4 Overview of 2Q 13 Profitability Net income of PLN 44.6 MM and pre-tax income of PLN 60.7 MM Performance Retail and commercial loans originations of PLN 1.3 B record high cash (PLN 519 MM) and SME loans (PLN 321 MM) originations Costs Strong operational cost controls costs down 28% YoY, 11% down excl restructuring Losses Impairment charges of PLN 34 MM 12% improvement on prior year impaired loans down PLN 160 MM or 5% YoY Safe & Sound CAR at 15.1% and Tier 1 at 12.8% liquidity and market risk maintained at a safe level 13 August 2013 Growth according to expectations 4

5 Continuing Fair Play journey Fair Play initiatives Key brand metrics Bank BPH Customers Ombudsperson Hotline for customers with debt repayment difficulties Bank which plays fair Bank you trust One page summary of key credit agreements for Micro and Small Companies #1 #1 Market position #5 #4 Business Customer Council & Retail Customers Forum meetings Fair Play Certification in progress verification results to be published in September Aided brand awareness 83% 81% Brand consideration 22% 24% #5 #5 Market position #5 #7 Source: Brand Tracker study (Ipsos), in-home f2f interviews. Brand image attributes tracked relative to brand strength and among key competitors. 13 August 2013 Growth according to expectations 5

6 Strong 2Q sales Retail Enhanced the value proposition for cash loan new coaching for sales staff new partner outlets record high sales Mass Affluent program modified offer with package of additional benefits dedicated advisors Maksymalne Konto for PLN 0 two-fold sales increase Cash loans originations (PLN MM) 6% YoY 27% QoQ Investment products sales up 61% YoY Funds Factory implemented and Franklin Templeton funds added More competitive mortgage offer co-operation with brokers originations up 13% QoQ or 2% YoY SME Cooperation with BGK good SME lending originations Large companies New International Desk leveraging global GE relationships Commercial SME loans originations (PLN MM) 7% YoY 36% QoQ Corporate loans originations (PLN MM) % YoY 61% QoQ 403 corporate originations affected by pricing competitiveness holding receivables flat Limits granted August 2013 Growth according to expectations 6

7 13 August 2013 Growth according to expectations 7 Financial Performance

8 Financial performance PLN MM 2Q 13 VPQ VPY 1H 13 VPY Net interest income Net F&C Total net revenue* Impairment charges RANR** Costs Pre-tax profit Net income % -23.9% % -10.5% % -20.6% % -12.0% % -21.4% % -27.6% % +19.5% % +25.2% % % % % % % % % */ Total net revenue = NII + Net F&C + Net trading income **/ Risk Adjusted Net Revenue = Total net revenue + Impairment charges Margin pressure offset by cost management and portfolio quality 13 August 2013 Growth according to expectations 8

9 Retail key metrics (excl. Mortgages) PLN MM Receivables & deposits (AVG, YTD) 6,368 8,364 8,156 5,588 12% 2% NII down 20% Fees & Commissions down 10% Receivables Deposits Revenue down 18% Losses improvement Risk Adjusted Net Revenue down 18% Strong 2Q cash loan sales receivables decline leveling off 13 August 2013 Growth according to expectations 9

10 Mortgage portfolio key metrics PLN MM Receivables (AVG, YTD) 17,680 16,069 NII stable Fees & Commissions stable % Revenue stable Losses improvement Risk Adjusted Net Revenue up 18% Stable CHF portfolio 13 August 2013 Growth according to expectations 10

11 Corporate key metrics PLN MM Receivables & deposits (AVG, YTD) 2,377 2,380 2,391 3,237 NII stable Fees & Commissions stable 1% 36% Receivables Deposits Revenue stable Losses stable Risk Adjusted Net Revenue stable Maintaining solid portfolio in highly liquid market 13 August 2013 Growth according to expectations 11

12 SME key metrics PLN MM Receivables & deposits (AVG, YTD) 2,734 2,357 2,082 2,103 NII down 21% Fees & Commissions down 21% 14% 1% Receivables Deposits Revenue down 19% Losses improvement Risk Adjusted Net Revenue down 19% SME receivables leveled off expecting future growth 13 August 2013 Growth according to expectations 12

13 Business cost performance PLN MM Costs down 28% C/I ratio (%) down 7 pp (restr. costs) Continued realization of merger synergies 13 August 2013 Growth according to expectations 13

14 Asset quality Total cost of risk* NPL ratio 1.2% 1.3% 1.3% % 0.6% % % % 0.6% % 10.4% 10.4% 10.9% 10.6% 10.6% 10.6% 10.9% 11.0% Q'11 3Q'11 4Q'11 1Q'12 3Q'12 4Q'12 1Q'13 Retail SME Corporate Cost of risk 90+ delinquency (%) cash & CHF mortgages loans 2Q'11 3Q'11 4Q'11 1Q'12 3Q'12 4Q'12 1Q'13 Impaired loans (PLN B) Performing loans (PLN B) NPL Average PD (%) commercial portfolio 3.1% 2.8% 2.4% 2.2% 2.0% 2.0% 1.9% 1.9% 1.9% 6.9% 6.8% 6.6% 6.5% 6.0% 5.5% 5.5% 5.4% 4.9% 0.3% 0.4% 0.3% 0.3% 0.4% 0.3% 0.4% 0.3% 0.3% 1.3% 1.3% 1.7% 1.7% 1.7% 1.6% 1.1% 1.5% 1.6% 2Q'11 3Q'11 4Q'11 1Q'12 3Q'12 4Q'12 1Q'13 2Q'11 3Q'11 4Q'11 1Q'12 3Q'12 4Q'12 1Q'13 Cash loans CHF Mortgage loans Small Enterprises Corporate */ Cost of risk to avg. loan volumes 13 August 2013 Growth according to expectations 14 High quality portfolio

15 Capital and liquidity positions Capital ratios (%) CAR at 15.1 and Tier 1 ratio at 12.8 well above the regulatory minimums Liquidity surplus of PLN 2.0 B in 2Q 13 Stand by funding facility remains in place and fully available CHF 2.6 B facility in place Mar'13 Jun'13 CAR Tier 1 Market risk exposures on a safe level Compliant with Basel 3 requirements Strong capital and liquidity positions 13 August 2013 Growth according to expectations 15

16 13 August 2013 Growth according to expectations 16 Summary

17 Summary 1 Financial performance in line with market expectations 2 Continuing Fair Play promises focus on Customers Alignment & Simplification 3 High pressure on margins affecting revenues costs under control 4 5 Cash and SME loans originations at 3-year high core portfolios at inflection No compromises on portfolio quality capital adequacy and liquidity on a safe level 13 August 2013 Growth according to expectations 17