BOŚ S.A. GROUP Q3 2012

BOŚ S.A. GROUP Q3 2012 PU\Warsaw\Bos\C20120377

Agenda 1. Key information about BOŚ S.A. Group 2. BOŚ S.A. Group after Q3 2012 Appendices 2

3 Key information about BOŚ S.A. Group BOŚ S.A. Group Bank Ochrony Środowiska S.A. 100 BOS Finance AB 100 Dom Maklerski Banku Ochrony Środowiska S.A. 99,9 Invest Management Banku Ochrony Środowiska S.K.A 100 BOŚ Eko Profit S.A. 0,1 Shareholding pre-offer Shareholding post-offer Bank structure 5,98 14,92 39,10 Bank s headquarters 79,10 4,28 56,62 17 Branches 11 Corporate Centers National Fund for Environmental Protection State Forests Free Float 82 Operating Branches

July September June April May March February Important events in Q3 1 CREDIT LINE AGREEMENT with European Investment Bank, which placed at the disposal of BOŚ S.A. funds in the amount of 75 mln EUR. 2 BOND ISSUE in the amount of 185 mln PLN (H series) and subordinated bonds in the amount of 100 mln PLN (G series). 3 CREDIT LINE AGREEMENT with Council of Europe Development Bank (CEB), which placed at the disposal of BOŚ S.A. funds in the amount of 75 mln EUR. 4 PUBLIC OFFERING ordinary bearer shares with a nominal value of 10 PLN each. Subscription covered 6.5 mln shares of P series. The issue price was fixed at 35 PLN. The gross proceeds from the issue amounted to 227.5 million PLN. On July 2, 2012, the shares were introduced to trading on the main market of the Warsaw Stock Exchange. 5 LONG-TERM FITCH RATING was confirmed at the level of BBB with a stable outlook. 6 IMPLEMENTATION OF CENTAL BANKING SYSTEM completed in June 2012, will enable the optimization of operations related to customer service, will allow for faster introduction of new products and ensure optimization of IT processes. 7 BOND ISSUE in the amount of 60 mln PLN (KT.1.1 series) i 47 mln PLN (KT.1.2 series). 8 BOND ISSUE in the amount of 30 mln PLN (KT.1.3 series), 105 mln PLN (KT.1.4 series), 100 mln PLN (KT.1.5 series), 30 mln PLN (KT.1.6 series), 55 mln PLN (KT.1.7 series) oraz 20 mln PLN (KT.1.8 series) Ś

Agenda 1. Key information about BOŚ S.A. Group 2. BOŚ S.A. Group after Q3 2012 Appendices 5

Tysiące Tysiące Tysiące Tysiące Key ratios of BOŚ S.A. Group Net interest margin vs net interest income (m PLN) ROA vs total assets (m PLN) 300 250 200 150 100 50-228 270 244 205 212 2,0 1,8 1,8 1,7 1,8 2009 2010 2011 Q1-Q3 11 Q1-Q3 12 net interest income net interest margin 5 4 3 2 1 0 18 000 16 000 14 000 12 000 10 000 8 000 6 000 4 000 2 000-15 180 15 637 16 424 16 422 12 087 0,5 0,2 0,4 0,4 0,3 2009 2010 2011 Q1-Q3 11 Q1-Q3 12 total assets ROA 2 2 1 1 0 1 600 1 400 1 200 1 000 800 600 400 200 - ROE vs equity (m PLN) 6,3 5,6 5,9 3,0 3,3 920 1 083 1 162 1 149 1 438 2009 2010 2011 Q1-Q3 11 Q1-Q3 12 equity ROE 7 6 5 4 3 2 1 0 1 200 1 000 800 600 400 200 - C/I vs total income (m PLN) 1 090 802 909 805 843 83,4 76,6 76,4 73,6 78,2 2009 2010 2011 Q1-Q3 11 Q1-Q3 12 total income C/I 200 180 160 140 120 100 80 60 40 20 0 6

Profit Profit of BOŚ Group (m PLN) +126,5 34 27 +129,6-39,4 73 77 63 62 66 53-37,7 40 33 2009 2010 2011 Q1-Q3 11 Q1-Q3 12 Gross profit Net profit Profit of the Bank (m PLN) +277,8 +321,4-13,1 60 54 68 59 61 53-11,3 53 47 18 14 2009 2010 2011 Q1-Q3 11 Q1-Q3 12 Gross profit Net profit 7

Financial results of BOŚ S.A. Group Item Q1-Q3 11 Q1-Q3 12 Change Interest income 205,1 212,5 3,6 Net fee income 83,1 78,9-5,1 Net trading income 61,9 23,3-62,4 Results on investment securities 5,7 19,0 233,3 Foreign exchange result 19,4 16,4-15,5 Operating profit 378,9 353,3-6,8 General administrative expenses -275,0-272,4-0,9 m PLN Lower administrative expenses as a result of cost discipline and lower expenditure on advertising. Results reduced by a higher level of write-offs due to the deterioration of the economic situation of companies, especially ones in the construction sector. Net impairment loses -36,0-38,8 7,8 Net profit 52,9 32,5-38,6 Assets 16 423,5 16 421,9 0,0 Loans and advances to customers 11 497,6 11 028,0-4,1 Amounts owed to customers 11 309,4 11 467,0 1,4 52,9 Net profit (m PLN, Ytd) ROE 5,9 32,5 3,3 Q1-Q3 11 Q1-Q3 12 Q1-Q3 I-IIIQ1111 Q1-Q3 I-IIIQ1212 8

Interest and fee income Net interest income of BOŚ S.A. Group (m PLN) Stable increase in net interest income 80 70 60 50 40 30 20 10-74 65 68 69 67 67 67 68 70 62 49 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Stable net commission income from banking activities and fall of brokerage fees Commission income of BOŚ Group (m PLN) 35 30 25 20 15 10 9 17 10 21 9 20 10 22 8 20 7 22 8 7 20 21 7 6 6 19 20 21 5 - Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Bank Subordinates 9

10 Result on banking activities of BOŚ S.A. Group Result on banking activities Q1-Q3 11 - Q1-Q3 12 (m PLN) Decrease of the results on banking activities 379 16 22 8 54 353 7 22 11 60 Net interest income +7,4 m YoY Result on investmnent securities +13,3 m YoY Q1-Q3 11 Q1-Q3 12 Net interest income Net fee and commission income Net trading income Others Result on banking activities 2009-2011 (m PLN) 400 26 10 7 57 12 10 462 53 497 25 15 23 8 54 2009 2010 2011 Net interest income Net fee and commission income Net trading income Others

11 Cost of credit Additional construction sector write-offs had an impact on impairment loses 0-5 -10-15 -20-25 -30-35 -40-45 BOŚ S.A. Group (m PLN) 2009 2010 2011 Q2 12 Q3 12-34 -37-43 -21-14 -0,39-0,35-0,37-0,41-0,39 net impairment loses risk margin Impairment loses +8 Y/Y. Bank created an additional write-downs on exposures in the construction industry. Risk margin unchanged Y/Y. The Bank maintains a stable margin risk costs. Retail (m PLN) Corporate and public finance (m PLN) 0-5 -10-15 -20-25 -30-35 -40 2009 2010 2011 Q2 12 Q3 12-27 -35-14 -9-13 -0,31-0,40-0,65-0,88-0,89 net impairment loses risk margin 5 0-5 -10-15 -20-25 -30 0,04 3 2009 2010 2011 Q2 12 Q3 12-21 -25-15 -5-0,32-0,37-0,41-0,36 net impairment loses risk margin Risk margin: Quarterly net impairment loses for I-III quarter of the year and IV quarter of the previous year / average balance of gross advances to customers during the III Q of the previous year to the III Q of the current year; Yearly net impairment loses for given period/ average balance of gross advances to customers during that period.

Balance sheet Item 31.12.11 30.06.12 30.09.12 Change m PLN vs 31.12.11 vs 30.06.12 Total assets + 3 q/q. Loans and advances to customers 11 352 11 149 11 028-3 -1 Investment securities 3 257 3 733 4 178 28 12 Amounts due to customers +3 q/q. Cash and deposits with the Central Bank 469 500 533 14 7 Deposits with other banks 95 143 142 49-1 Other assets 464 472 541 17 15 TOTAL ASSETS 15 637 15 997 16 422 5 3 Amounts due to other banks 11 412 11 089 11 467 0 3 Amounts due to other banks 710 790 478-33 -39 Liabilities under banking securities issued 1 965 2 186 2 490 27 14 Other liabilities 388 509 549 41 8 Equity 1 162 1 423 1 438 24 1 TOTAL LIABILITIES 15 637 15 997 16 422 5 3 Securities 25 Assets structure Cash and other assets 8 Loans and advances to customers 67 Loans / Deposits 99,5 100,5 96,2-3,3 p.p. -4,3 p.p. 15 637 99,5 100,5 96,2-3,3-4,3 Total assets (m PLN) 16 422 15 997 Other liabilities 3 Equity 9 Amounts due to other banks 3 Liabilities under banking securities issued 15 Liabilities structure Amounts due to customers 70 31.12.11 30.06.12 30.09.12 12

13 Deposits Division Customer group including Corporate and public finance (4,5 bn PLN) Corporate clients (3,8 bn PLN) Public finance (0,7 bn PLN) BOŚ S.A. Group Amounts due to customers (11,5 bn PLN) Retail clients (4,6 bn PLN) Ecological funds (0,7 bn PLN) Debt securities issued (2,5 bn PLN) Loans from financial institutions and ecolological funds (2,4 bn PLN) Loans and advances from international financial institutions (1,2 bn PLN) Subordinated debt (0,3 bn PLN) Ecological funds resources intended for lending (0,5 bn PLN)

14 Lending Loan portfolio of which Division Customer group including (as of 30.09.12) eco-loan portfolio BOŚ Corporate and public finance Corporate clients (3,3 bn PLN) Public finance (3,1 bn PLN) Medium and large enterprises Small enterprises Local governments Municipal enterprises 1,7 bn PLN (15) 1,6 bn PLN (15) 2,7 bn PLN (25) 0,4 bn PLN (4) 1,9 bn PLN (29 of the division s loan portfolio) Retail Retail clients (4,6 bn PLN) Microenterprises and homeowner associations Retail clients 0,2 bn PLN (2) 4,4 bn PLN (40) 0,2 bn PLN (4 of the division s loan portfolio)

Eco-loan Balance of eco-loan (m PLN) +2,7 2 043 2 098 8 8 Retail loans 53 39 48 44 Corporate loans Public finance Q1-Q3 2011 Q1-Q3 2012 Eco-loan sales (m PLN) +12,0 404 452 Retail loans 21 13 20 14 Corporate loans 66 66 Public finance Q1-Q3 2011 Q1-Q3 2012 15

16 Lending portfolio quality 2011 (m PLN) 1H12 (m PLN) Q1-Q3 12 (m PLN) 1 1 50 49 51 49 49 50 11 592 (239) 11 352 11 413 11 148 (265) 11 308 11 028 (280) Gross loans Impairment allowances Net loans Gross loans Impairment allowances Net loans Gross loans Impairment allowances Net loans Retail loans Corporate loans 30 42 Retail loans Corporate loans 29 41 Retail loans Corporate loans 29 41 Public finance 28 Public finance 30 Public finance 30 Ratio of non-performing loans by segments 12,2 12,9 12,4 6,2 8,3 8,1 4,8 5,3 5,5 3,3 3,7 4,0 31.12.11 30.06.12 30.09.12 Loans to corporates and public finance Retail loans -mortgages Retail loans -other Retail - all

Agenda 1. Key information about BOŚ S.A. Group 2. BOŚ S.A. Group after Q3 2012 Appendices 17

18 Financial results of BOŚ S.A. Group m PLN Q1-Q3 12 Q1-Q3 11 Q1-Q3 12/ Q1-Q3 11 Q3 12 Q2 12 Q3 12/ Q2 12 Net interest income 212,5 205,1 3,6 74,0 70,2 5,4 Net fee and commission income 78,9 83,1-5,0 26,8 26,0 3,1 Dividend income 3,7 3,7 0,6 0,3 3,5 x Net trading income 23,3 61,9-62,4 8,4 6,3 34,7 Result on investment securities 19,0 5,7 235,2 5,4 12,7-57,4 Result on hedge accounting -0,5 0,0 x -0,5 0,0 x Foreign exchange result 16,4 19,4-15,3 2,8 10,9-74,2 Other operating income 6,3 7,0-10,1 2,0 0,8 139,5 Other operating expenses -8,8-9,2-4,6-2,9-3,3-12,8 Net impairment loses -38,8-36,0 7,9-13,6-20,7-34,4 General administrative expenses -272,4-275,0-1,0-90,9-94,0-3,2 Profit before tax 39,7 65,8-39,7 11,8 12,4-4,9 Income tax charge -7,1-12,9-44,6-3,7-0,5 626,8 Net profit 32,5 52,9-38,5 8,1 11,9-31,9

19 Interim consolidated statement of financial position m PLN 30.09.12 30.06.12 31.12.11 30.06.12=100 31.12.11=100 Cash and deposits with the Central Bank 532,6 499,6 469,1 6,6 13,5 Deposits with other banks, loans and advances to other banks 141,8 142,9 94,6-0,7 49,9 Securities held-for-trading 50,8 83,0 6,6-38,7 671,0 Derivative financial instruments 54,7 24,6 30,5 122,1 79,4 Derivative hedging instruments 32,1 26,5 26,2 21,5 22,9 Loans and advances to customers 11 028,0 11 149,2 11 352,5-1,1-2,9 Investment securities 4 127,1 3 650,0 3 250,7 13,1 27,0 - available for sale 3 363,9 2 897,1 2 601,1 16,1 29,3 - held to maturity 763,2 752,8 649,7 1,4 17,5 Investment in assosiate 22,8 22,8 22,8 0,0 0,0 Intangible assets 160,1 126,6 119,9 26,5 33,6 Property, plant and equipment 117,6 121,6 128,6-3,3-8,6 Income tax assets 25,4 28,2 30,3-10,0-16,1 Other assets 128,7 122,0 105,3 5,5 22,2 TOTAL ASSETS 16 421,9 15 997,0 15 637,1 2,7 5,0 Amounts due to Central Bank 0,1 0,1 0,1 0,8 3,3 Amounts due to other banks 478,2 789,6 710,3-39,4-32,7 Derivative financial instruments 39,3 24,3 20,5 61,4 91,5 Derivative hedging instruments 6,0 0,0 0,0 x x Amounts due to customers 11 467,0 11 089,1 11 411,9 3,4 0,5 Liabilities under banking securities issued 2 490,3 2 186,0 1 964,9 13,9 26,7 Subordinated debt 329,0 326,2 222,8 0,9 47,7 Provisions 19,6 19,8 19,7-1,0-0,7 Income tax liabilities 0,1 0,1 10,6 62,2-98,6 Other liabilities 154,8 138,6 114,7 11,7 35,0 Total equity 1 437,6 1 423,2 1 161,7 1,0 23,8 TOTAL EQUITY AND LIABILITIES 16 421,9 15 997,0 15 637,1 2,7 5,0

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