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INVESTOR PRESENTATION

OVERVIEW | 2ND Q 2021 HISTORY OF THE BANK IDENT

1990 The Bank was established in 1990 Sub-Custodian Banks in 2012 and 2018 Global Finance Magazine named as the first commercial bank in the Best Sub-Custodian Bank of Evocabank the Best Digital Bank in , and until 2017 operated Armenia for two consecutive years. Armenia. under the name of Prometey Bank. 2015 Launched its mobile application 2019 The Bank was named the Best 1993 Was licensed by the CBA and and the supporting advertising Consumer Digital bank of Armenia received a general license No 27. campaign, starring for the 3rd year in a row. (prominent celebrity). Issued a Introduced the Visa Infinite card. 2000 Became a member of S.W.I.F.T. co-branded card as a part of the system. campaign. Launched a security 2020 The Bank joins European Investment mobile app on App Store and Bank loan program. 2005 Became a full member of ArCa Play Market. The bank joins KfW bank payment system. loan program. 2016 The Bank’s regulatory charter The bank joins World 2006 Became an affiliated member of capital exceeded the minimal MasterCard . required level set by CBA. Legal Bank loan program. entity was changed from LLC Evocabank’s capotal has been 2008 For the first time in Armenia to CJSC. The Bank’s regulatory replenished by AMD 2.05B. the Bank issued its own non- capital reached AMD 30.5 mln. documentary unsecured bonds and Evocabank opened 3 new branches. sold them to a leading Swiss bank. 2017 Launched a massive rebranding campaign. The Bank was 2021 Evocabank placed first and second 2012 Became a member of UNIStream renamed as Evocabank, changed tranche of bonds, each in total money transfer system. Global its corporate identity and main amount AMD 500M and USD 5M. Finance magazine selected the strategic focus. Bank as one of the World’s Best New Partnership with IFC HISTORY OF THE BANK IDENT REBRANDING AND CHANGE OF CORPORATE IDENTITY

NEW IDENTITY OF THE BANK Change of the Bank’s image is supported by the IS BASED ON THE IDEAS OF change in the strategic direction, which is based on technological innovations and focus on being mobile-first.

The philosophy of mobile-first means that all • Technological innovation our new products and services are developed • Growth and progress keeping in mind their use by customers primarily via our mobile app EvocaTOUCH. • Availability The changes affected all the aspects of the • Youth Bank’s operations, including office design, internal processes, customer service approach, • Courage values and strategic development plans. FROM , 2017 THE BANK WAS RENAMED TO EVOCABANK CJSC.

EVOCABANKTHE NEW NAME OF THE BANK IS SELECTED BY THE ASSOCIATION OF THE WORDS EVOLUTION AND EVOKE. THE BANK’S VISION AND MISSION VISION MISSION

To be the most innovative and progressive To deliver financial services with extensive application financial institution in Armenia, with services of the latest technologies in a fast, simple and available online, without visiting the Bank. convenient way, operating in a mobile- first format.

31 YEARS OF EXPERIENCE

Evocabank is the first registered commercial bank in Armenia with over 31 years of experience in the banking market.

The stability and the reliability of the bank allowed it to constantly meet the increasingly strict regulatory environment and to successfully overcome more than one crisis in the banking market.

Today Evocabank boasts a client service of high international standards, effective and reliable management and strategic focus on the development of new technologies. CORPORATE VALUES OF THE BANK

We place customers at the center We build honest relationships Customer of our activities; we appreciate and Honesty with everyone. Confidence take care of our customers’ trust.

We are stable and reliable for both We strive to improve the life- Reliability our customers and partners. Comfort standards of our customers making them more comfortable.

We are continuously introducing Innovativeness and applying innovations to offer We have formed the best the best solutions of the latest Team Spirit team to ensure the best technologies to our customers. services for our customers.

We are open and transparent to Transparency public, at the same time we keep Impeccable reputation is the most the information on clients banking Business Image valuable and irreplaceable and trade secrets confidential. asset for the Bank. SHAREHOLDERS AND SUPERVISORY BOARD OF THE BANK

VAZGEN GEVORKYAN, GEGHAM GEVORGYAN, MBA, PHD DR.SC., NAS FULL MEMBER Chairman of Supervisory Board Deputy Chairman of Supervisory Board

95.79% 4.21% FELIX DILANYAN, PHD VARAZDAT NERSISYAN, MBA ARMEN MANUKYAN Mrs. Mareta Gevorkyan 14 individual shareholders Member of Supervisory Board Member of Supervisory Board Member of Supervisory Board MANAGEMENT BOARD OF THE BANK

KAREN ARMEN HAKOBYAN, PHD TATEVIK KHACHATRYAN, HAYK PETROSYAN LILIT GABOYAN, MBA YEGHIAZARYAN, MBA First Deputy Chairman MBA, PMP® Deputy Chairman of Deputy Chairman of Chairman of of Management Board Deputy Chairman of Management Board Management Board, CFO Management Board Management Board

EMMA JANINYAN, MBA, EMIL SIMONYAN, PHD MHER SAHAKYAN TATEVIK JANOYAN, MBA PHD, ACCA Member of Management Member of Management Member of Management Board, Member of Management Board, Head of IT Division Board, Head of Head of HR Management Division Board, Chief Accountant Programming Division IVETA MUKUCHYAN

POPULAR SINGER AND PARTICIPANT OF EUROVISION SONG CONTEST IN 2016. BRAND AMBASSADOR OF EVOCABANK. FOUR YEARS AFTER REBRANDING

NEW IMAGE OF THE BANK LED TO NUMBER OF ISSUED CARDS SIGNIFICANT POSITIVE OUTCOMES FOR THE BANK’S OPERATIONS. ISSUED CARDS 31/12/2018 31/12/2019 31/12/2020 30/06/2021 IT INCREASED THE BRAND RECOGNITION AND POPULARITY OF THE BANK AMONG Total ArCa, MasterCard POTENTIAL CLIENTS. and Visa cards issued 65,481 122,430 152,486 160,541

NUMBER OF CLIENTS

CLIENTS 31/12/2018 31/12/2019 31/12/2020 30/06/2021

Legal entities 2,048 2,893 3,843 4,336

Individuals 35,280 58,915 63,188 63,474 click here to see the ad Total 37,328 61,808 67,031 67,810 KEY STRATEGIC DIRECTIONS DIGITAL CHANNELS

EVOCABANK AIMS TO WORK PRIMARILY THROUGH DIGITAL CHANNELS: ONLINE BANKING AND MOBILE APPS.

Internet banking system for both individuals and corporate clients. The Bank makes digital security in online channels its top priority.

EVOCATOUCH EVOCATOKEN

mobile banking application for mobile application which provides individuals and corporate clients. secure access to the main application. DIGITAL CHANNELS: INTERNET BANK

ACCESSING EVOCAONLINE INTERNET BANKING SYSTEM CLIENTS CAN:

check account information, make payments and transfers, such including account balances, as utility payments, tax payments statements, loans and repayments, and budget transfers deposits, exchange rates

MANAGE YOUR BANK ACCOUNT REMOTELY WITHOUT VISITING THE manage products, for example open send and receive letters in free BANK BY MEANS OF EVOCAONLINE deposits and replenish them, make format with enclosed files loan repayments

import data from XML files, create make foreign currency conversions document templates DIGITAL BANKING: EVOCATOUCH

NUMBER OF DOWNLOADS: EVOCATOUCH USERS CAN: 424,363 105,643 total downloads total downloads Get information: about accounts, payment cards, loans, deposits, account statements;

Make transactions: 530,006 total downloads transfers: in Armenia and internationally, currency exchange, loan repayment, BIOMETRIC opening and replenishment of deposits, IDENTIFICATION IN payment of utility bills, EVOCATOUCH APP budget payments get a credit card Evocabank will be payment of property tax, accessible everywhere cancellation of documents; owing to artificial intelligence biometric Other features: identification system. send and receive letters in a free format with attached files, import data from an click here to read more XML file, create document templates. SOCIAL NETWORKS FIRST ON SOCIAL MEDIA

Evocabank actively interacts Evocabank has the most popular The first Armanian bank on with its clients via Facebook page on Instagram among banks Pinterest. (112,248 subscribers, 1st place). in Armenia with 25,400 subscribers.

Number 1 by the number of Number 1 by the number of followers among banks in followers among banks in click to visit Armenia. click to visit Armenia. click to visit OFFLINE CHANNELS: BRANCH AND ATM NETWORK

TODAY, THE BANK HAS 14 BRANCHES (INCLUDING THE HEAD OFFICE) AND 71 ATMS ON THE TERRITORY OF ARMENIA.

1 BRANCH 1 ATM

1 BRANCH 2 ATMS

1 BRANCH 1 ATM

11 BRANCHES 66 ATMS YEREVAN

ARMAVIR 1 ATM new Tumanyan branch New Eco-Friendly Branch in Nor-Nork The Dibrary will allow the customers to use electronic business Evocabank opened its new, ultra modern and eco-friendly branch to run resources like: e-Duke Journals Scholarly Collection, ASTM Compass, it with solar power. Edward Elgar Publishing Journals, Mathematical Sciences Publishers The new branch will be distinguished by its energy saving system; it will be Journals, Royal Society Journals Collection, SAGE Premier, etc. powered completely by solar energy. The branch will also recycle its waste. click here to read more click here to read more

new Malatia branch The branch customers is serviced at the comfortable front office with state-of-the-art technology. Equipped with the queuing system, payment terminal and foreign exchange terminal, the customers save their time executing certain transactions on their own via terminals without the Bank employee involvement. click here to read more EVOCABANK 3.0

Evocabank organized the first light drone show in Armenia in celebration of its 3rd anniversary and 30th anniversary of the Bank’s incorporation. At 9 p.m. September 19th 300 drones simultaneously illuminated the Yerevan sky by projecting amazing images and congratulating Evocabank anniversary.

The drone show was organized at 200 m above Mayr Hayastan ( Armenia) statue base and was visible almost from any location of Yerevan.

click here to see the light show NEW COOPERATIONS

NEW COOPERATION BETWEEN EVOCABANK JOINING EVOCABANK AND ARMENIAN FINARMFINANCIAL MARKET LEASING COMPANY MEMBERS ASSOCIATION Evocabank and Arme`nian Leasing Company The Association’s primary focus is on contributing to introduction in the Signed Cooperation Agreement financial market of modern innovative solutions, new tools and mechanisms. click here to read more click here to read more BEST DIGITAL BANK IN ARMENIA

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For the third consecutive year Evocabank is announced The Best. Digital Bank in Armenia by Global Banking & Finance Awards.

THE BEST DIGITAL BANK IN ARMENIA click here to read more

Evocabank is named the Best Digital Bank in Armenia for the 2nd year in a raw by Global Banking and Finance Review magazine. THE BEST MOBILE BANK SME BANKING CLUB NAMES THE BEST MOBILE BANK IN ARMENIA

Evocabank has been announced the best mobile bank for businesses in Armenia. click here to read more

HONORABLE MENTION GRANTED BY AWWWARDS TEAM

Have you skimmed through our new website? click here to read more OUR NEW PRODUCTS

New Partnership with IFC. New Partnership to Support Smaller Businesses, Boost Resilience and Drive Recovery in Armenia.

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Evocabank Bonds Listed on Armenia Securities Exchange. On April 8, Evocabank’s bonds were listed on Armenia Securities Exchange for the first time.

click here to read more OUR NEW PRODUCTS EVOCABANK COMPLETED PLACEMENT OF FIRST TRANCHE OF BONDS WITHIN A FEW HOURS AFTER THE COMMENCEMENT The total amount of the newly issued bonds is AMD 500 million and USD 5 million.

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EVOCABANK COMPLETED PLACEMENT OF SECOND TRANCHE OF BONDS

WITHIN A FEW HOURS The total amount of the newly issued bonds is AMD 500 million and USD 5 million.

click here to read more INNOVATIONS & EVOCABANK

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FIRST CARDLESS CASH WITHDRAWAL IN ARMENIA MONEY TRANSFERS VIA SBERBANK APP From now on, the Bank customers can withdraw Evocabank is the first and the only bank in Armenia to join the money WITHOUT a card through Bank ATMs. Russian Sberbank’s system of instant money transfers. Mobile app allows to transfer money by contact data – phone number - from to Armenia directly to Evocabank cards.

EVOCABOT – FIRST ARMENIAN ROBIN PAYMENT BOT IN BANKING Evocabank introduced Robin - an BY EVOCABANK artificial intelligence robot which As the first and only mobile-first bank helps and entertains customers. in Armenia, Evocabank launches its Robin is the one and only in first functional banking bot service Armenian financial sphere. - Evocabot- to provide information click here to read more and perform transactions.

click here to read more Opening Bank Accounts and Online Deposits from anywhere in the World

Owing to EvocaTOUCH artificial intelligence biometric identification system, you can open a bank account and EvocaOnline deposit in a few minutes from anywhere in the world. click here to read more

Card-to-Card Transfers with Visa Direct

Evocabank is Licensed by Visa International for Visa Direct Card-to-Card Transfers click here to read more

Evoca Digital Brochures with QR Code

Scan the QR code to view the Evoca brochures on your phone. click here to read more PRODUCTS FOR INDIVIDUALS CARDS

VISA CLASSIC VISA GOLD VISA BUSINESS MASTERCARD STANDARD

MASTERCARD GOLD COBRANDED CARDS WITH COBRANDED CARDS WITH COBRANDED CARDS WITH NOR DALMA SHOPPING MALL STORE TUN & MARY

COBRANDED CARDS WITH ARCA-MIR ARCA TOUCH ARCA MIMO RETAIL GROUP VISAINFINITECARD Visa: everywhere you want to be EVOCA VISA INFINITE IS THE HIGHEST TIER OF VISA-BRANDED CARDS: • Premium service

• Unique approach

• Exclusive benefits worldwide.

ADVANTAGES BENEFITS:

INTERNATIONAL MEDICAL ASSISTANCE FREE PCR TEST FOR COVID-19 TRAVEL INSURANCE FOR EVOCA VISA INFINITE WORLD OF PRIVILEGES CARDHOLDERS PURCHASE SECURITY VISA INFINITE CARDHOLDERS WILL SPEEDPASS BE ELIGIBLE FOR FREE PCR AT-HOME LOUNGE KEY TESTING THROUGH DECEMBER 31, 2021. CONCIERGE SERVICE CONCIERGE SERVICE SAFE DEPOSIT BOXES SAFE DEPOSIT BOXES SPECIAL OFFERS FOR MASTERCARD CARDHOLDERS

SPECIAL DISCOUNTS FOR MASTERCARD SPECIAL OFFER FOR CARDHOLDERS IN YANDEX TAXI MASTERCARD CARDHOLDERS Get 10% discount by paying with Mastercard cards. Use iherb.com platform, pay with Evocabank Mastercard and get 10% discount. click here to read more click here to read more SPECIAL OFFERS FOR MASTERCARD CARDHOLDERS

SPECIAL DISCOUNTS UP TO 30% DISCOUNTS FAST MONEY TRANSFERS FOR VISA CARDHOLDERS IN GG FOR VISA WITH VISA CARDS ON ON ALIEXPRESS CARDHOLDERS MORE FAVORABLE TERMS Get additional discounts when When paying with Evoca Visa premium cards Evocabank offers fast, convenient and safe paying with Visa cards. you will take part in GG promo campaign. money transfers and a cashback reward. click here to read more click here to read more click here to read more ACCOUNTS AND LOAN AND CARD PRODUCTS DEPOSITS AND TRANSFERS FOR INDIVIDUALS INVESTMENT

A WIDE RANGE OF ACCOUNT Shopping card Student loan PRODUCTS OPTIONS ARE AVAILABLE TO credit card for shopping at Student loans for tuition pay EVOCABANK OFFERS BOTH CLIENTS OF EVOCABANK. Armenian shops and abroad CLASSIC DEPOSITS AND Other loans INVESTMENT PRODUCTS. Current accounts SingleTOUCH Loans under guarantee In AMD and foreign currency, online-credit 24/7 without Pawn loans, Overdraft Classical Deposit available to residents and paperwork and loss of time Providing a stable high yield. non-residents of Armenia. For the first time in Armenia Unsecured personal loans Evocabank has prepared Evoca Online Deposit Unallocated metal accounts Loans for any purpose an option of applying for Place Evoca Online deposit remotely Accounts tied to gold prices student loans online – through our remote service systems. in the international market. Mortgage loans through EvocaTOUCH app. Residential and commercial Children’s Deposit Special state support accounts mortgages Opened in the name of the child until For state welfare payments. Mortgage special programs (NMC, he/she reaches the age of maturity. housing for young families) Money transfers Investment service Transfers within Armenia and Consumer loans Brokerage (dealer) and Depository services to other countries, available Profitable with a reduced rate (including intermediary services in provision with opening and without Consumer loans for purchase of of Depository services by the Central opening an account. goods securities Depository of Armenia) on the territory of the Republic of Armenia, in the Transfer payment systems Car loans Russian and world securities markets. Money transfers without opening Loans to purchase cars both new an account with the following and used Personal Safe Boxes systems: the RIA, BEST, Converse Fireproof individual safe deposit TRANSFER, INTELEXPRESS, Credit card boxes - for valuables. UNIStream, MoneyGram. Credit cards Loans on Mastercard E-commerce PRODUCTS FOR CORPORATE CLIENTS PRODUCTS FOR LEGAL ENTITIES

EVOCABANK PROVIDES A FULL RANGE OF SERVICES FOR LEGAL ENTITIES.

Business Loans International Trade Services Commercial loans for financing Letters of credit Documentary various business sectors Collection Guarantee

Classical Deposit Money transfers Classical deposit with stable high yield Transfers on the territory of the Republic of Armenia and abroad Online Deposit in AMD and foreign currency Place Evoca Online deposit remotely through our remote service systems. Investment services Broker (dealer) and depository Accounts services on the territory of the Accounts for legal entities and Republic of Armenia, in the Russian individual entrepreneurs in and global securities markets AMD and foreign currency FINANCIAL INDICATORS POSITION IN THE BANKING MARKET OF ARMENIA PERFORMANCE INDICATORS

(MLN. AMD) POSITION CHANGE COMPETITIVE ADVANTAGES OF THE BANK Assets 211,521

• Innovation and technological novelty Liability 177,705 • Stability and reliability

• High level of profitability Loans and advancements to 117,162 +2 customers (net of impairment) • High level of capital adequacy +1 Amounts due to customers 127,891

Equity 33,816

Profit 79

Financial Statements BALANCE-SHEET INDICATORS

In 1Q 2021 Evocabank is still strong in all TOTAL ASSETS LOANS AND ADVANCES TO key financial indicators maintaining its (MLN. AMD) CUSTOMERS (MLN. AMD) stable growth. 211,521 117,162 201,420 165,118 111,716 130,298 101,556 79,360

2018 2019 2020 2021 2018 2019 2020 2021 CAGR 24.33% (4Q 2018 – 2Q 2021) CAGR 18.65% (4Q 2018 – 2Q 2021)

TOTAL LIABILITIES AMOUNTS DUE TO CUSTOMERS EQUITY (MLN. AMD) (MLN. AMD) (MLN. AMD) 127,891 177,705 124,226 33,848 33,816 167,572 100,128

135,529 74,273 101,393 29,588 28,905

2018 2019 2020 2021 2018 2019 2020 2021 2018 2019 2020 2021 CAGR 28.56% (4Q 2018 – 2Q 2021) CAGR 29.33% (4Q 2018 – 2Q 2021) CAGR 8.21% (4Q 2018 – 2Q 2021)

Financial Statements CREDIT PORTFOLIO OF THE BANK SHARE IN TOTAL LOAN PORTFOLIO LOAN PORTFOLIO STRUCTURE BY SECTOR

32.7% 45.2% 47.8% 45.3% 17.5% 22.3% 18.3% 19.3% 3.4% 5.1% 5.6% 3.9% 15.8% 16.2% 15.5% 67.3% 17.5% 9.8% 10.5% 10.0% Loans to retail 54.8% 52.2% 54.7% 15.7% 5.2% 4.7% 5.6% customer Construction 6.7%

Corporate 45.2% 47.8% 45.7% Trading Financial services 32.7% Retail Industry Other 2018 2019 2020 2Q 2021 2018 2019 2020 2Q 2021

CORPORATE LOAN RETAIL LOAN PORTFOLIO STRUCTURE PORTFOLIO STRUCTURE 1.39% 1.35% 1.86% 5.7% 5.1% 3.6% 3.0%

10.71% 31.62% 32.45% 37.42% 52.1% 42.7% 89.29% 59.8% 59.7%

66.98% 66.20% 60.67% 54.3% Large 44.3% Mortgage In Q2 2021 Evocabank continues 35.2% 34.5% to improve its progress towards Micro Consumer strategic objectives, which is reflected in its loan portfolio SME (Including Legal overdraft) Overdraft structure by growth of SME and 2018 2019 2020 2Q 2021 2018 2019 2020 2Q 2021 Retail portfolios.

Financial Statements FUNDING STRUCTURE OF THE BANK SHARE IN TOTAL DEPOSIT PORTFOLIO FUNDING STRUCTURE

66.7% 63.4% 69.1% 70.1% 82.0% 83.0% 83.9% 76.6%

37.1% 33.3% 30.9% Corporate 5.8% 29.9% 5.4% 4.0% 3.6% 13.1% 4.1% 5.1% 10.7% 3.6% Retail 8.5% 7.9% 1.9% 0.9% 2018 2019 2020 2Q 2020 2018 2019 2020 2Q 2020 Amounts due to customers Debt Securities Issued DEPOSIT PORTFOLIO In Q2 2021 Evocabank continues STRUCTURE BY TYPE Subordinated Debt Other attractions to diversify its funding structure by attracting long term funds from 73.3% 75.7% 72.8% 73.9% Attracted Funds financial institutions.

In Q2 2021 Evocabank signed USD 15M loan agreement with IFC, which Time will allow Evocabank to focus on digital 26.7% 27.2% Deposit banking and to provide working capital 24.8% 26.1% Demand and trade-related loans to MSMEs. Deposit 2018 2019 2020 2Q 2020

Financial Statements INCOME STATEMENT INDICATORS

The Bank’s net interest income and operating income are NET INTEREST INCOME NET NON INTEREST INCOME showing reversion to theirs historical mean after COVID-19 (MLN. AMD) (MLN. AMD) related uncertainty. 7,652 2,323 The Bank registered increase in net non-interest income 6,084

mainly due to the growth of income from foreign currency 4,596 exchange and other operating income. 3,805 1,320 3,255 773 769 542 1,116 431 450 The Bank recorded a decrease in profit mainly due to 886 COVID-19 credit vacations in 2020, as according to RA legislation loans are written off in case of 270+ overdue 2018 2019 2020 2Q 2021 2018 2019 2020 2Q 2021 days, as a result of which most write-offs fell in Q2 2021. AAGR 29.1% (4Q 2018- 4Q 2020) AAGR 142.7% (4Q 2018- 4Q 2020) Moreover, due to update of clients’ credit performance provided by credit bureau (which had not been update for a year), thereby the negative impact of COVID-19 has been OPERATING INCOME NET PROFIT fully reflected in Q2 2021. (MLN. AMD) (MLN. AMD)

8,972 1,739 8,407

5,138 1,093 1,011 4,255 4,024 535 762 1,890 431 1,318 79

2018 2019 2020 2Q 2021 2018 2019 2020 2Q 2021 2Q Y AAGR 35.2% (4Q 2018 - 4Q 2020) AAGR 1.4% (4Q 2018 – 4Q 2020)

Financial Statements OPERATIONAL PERFORMANCE

The Bank has demonstrated decrease in profitability measures OF THE BANK ratios ROA and ROE affected by the profit explained above.

NIM profitability ratio registered decrease mainly due to lower ROA ROE CIR interest income. However, NCM ratio registered robust growth 1.18% 5.94% 65.30% mainly due to increase in fee and commission income. 52.07% 0.90% 49.50% 49.26% Cost to income ratio increased mainly due to the decline in 3.70% the operating profit. NPL(+90) and the cost of risk recorded an improving trend in Q2 2021. 0.41% 2.40%

0.08% 0.47%

2018 2019 2020 2Q 2018 2019 2020 2Q 2018 2019 2020 2Q 2021 2021 2021 NIM NCM COR NPL +90 5.42% 3.17% 0.31% 5.33% 0.23% 3.06% 5.23% 3.06% 2.11% 2.07% 4.06% 0.15% 1.95% 1.77%

0.50% 0.02%

2018 2019 2020 2Q 2021 2018 2019 2020 2Q 2021 2018 2019 2020 2Q 2021 2018 2019 2020 2Q 2021

Financial Statements IMPLEMENTATION OF OBLIGATORY STANDARDS OF THE CENTRAL BANK 0 5000 10,000 15,000 20,000 25,000 30,000 35,000 Evocabank demonstrates sustainable and strong financial performance that allows the Target>50M Bank to comply to the prudential standards Minimum amount of the 18B of the . Bank’s charter capital 18B 20B The Bank is adequately capitalized and well 20B equipped with liquidity buffers to ensure going concern and solvency of the Bank. Target>30B Minimum amount of 33B total (private) capital 34B 38B 35B

2018 2019 2020 2Q 2021 Financial Statements 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 120.0%

Target>9% N 1.1 Minimum ratio of Tier 19.9% 1 capital to risk weighted 16.7% assets (Tier 1 ratio) 15.2% 13.0%

Target>12% N 1.2 Minimum ratio 27.0% of total capital to risk 21.0% weighted assets (CAR) 19.8% 16.9%

Target>15% N 2.1 Minimum ratio 22.9% of highly liquid assets 21.8% to total assets 26.0% 29.7%

Target>60% N 2.2 Minimum ratio of the 139.7% Bank’s highly liquid assets 142.6% to the demand liabilities 152.2% 199.9%

N 3.1 Maximum ratio of 14.8% 16.3% one borrower’s risk Target<20% 14.6% 15.3%

N 3.2 Maximum ratio of 75.6% 69.8% all major borrowers’ risk Target<500% 62.4% 93.7%

2018 2019 2020 2Q 2021 Financial Statements 0.0% 5.0% 10.0% 20.0%

N 4.1 Maximum ratio 0.5% 0.8% of one borrower’s risk Target<5% affiliated with the Bank 0.6% 0.3%

N 4.2 Maximum ratio of 2.9% 3.7% all major borrowers’ risk Target<20% affiliated with the Bank 3.4% 3.4%

Maximum ratio of the 4.5% 4.7% currency position to Target<10% the Bank’s total capital 3.7% 5.0%

0.0% 50.0% 100% 150% 200% 250% 300%

LCR 216.3%

Target>100.0%

NSFR 135.1%

2018 2019 2020 2Q 2021 Financial Statements TOWARDS THE NEW REALITY

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