All figures in this presentation are provisional The EIB Group The lending arm of the European Union Specialist provider of risk finance to small and since 1958 medium-sized enterprises 2 The EIB: The bank of the European Union Improving quality of life in Europe and beyond The world’s largest multilateral lender Leading provider of climate finance Governed by the EU Member States 3 At a glance Largest multilateral lender and borrower in the world We raise our funds on the international capital markets We pass on favourable borrowing conditions to clients Since 1958, over €1.5 trillion invested More than 14,000 projects in over 160 countries Crowding-in bank: € 4.5 trillion overall investment supported Headquartered in Luxembourg Around 3,500 staff: In addition to finance professionals, we have engineers, economists and socio-environmental experts 51 offices around the world 4 At a glance Shareholders European Investment Bank (58.8%) European Commission (29.7%) 38 public and private financial institutions (11.5%) Strong capital base (€4.5 billion) 26 years of market experience in SME financing Over 500 staff 5 Our impact JOBS HEALTH WATER 4.2 million jobs sustained 280 million people who will receive the Safer drinking water for in small businesses Covid-19 vaccine 29.6 million TRANSPORT ENERGY DIGITAL 380 million additional Power for 8.6 million 2.6 million new subscribers with annual trips made on EIB households 5G services enabled financed public transport 6 EIB Group financing in 2020 € 66.1 billion € 12.9 billion 7 Our priorities SMALL AND MEDIUM- INNOVATION ENVIRONMENT INFRASTRUCTURE SIZED ENTEPRISES € 14.43 € 16.82 € 14.99 € 30.56 billion billion billion billion 8 EIB financing to support COVID-19 recovery EIB Group financing to tackle Covid-19 in 2020 €49.30 €25.45 (€ billion) (€ €0 €10 €20 €30 €40 €50 €60 Approvals Signatures Approvals & Signatures (Amount in EUR) Approvals & Signatures (Number of Operations) 60 €49.3 Inside EU Outside EU Total EIB Group 50 €43.1 40 30 €25.5 €21.9 (€ billion) (€ 20 10 €6.1 €3.6 0 Inside EU Outside EU Total EIB Group Approvals Signatures Approvals Signatures 9 European Guarantee Fund European Union members The EGF provides guarantees to free up capital for national promotional banks, local banks and other financial intermediaries in order to make more financing available for EIB Group small and medium companies, mid-caps and corporates. Participating countries in the European Union provide guarantees proportional to their share in the EIB or other institutions. The EGF Contributors’ Committee, made up Country loan Private banks and Venture capital and from representatives of these countries, decides on the guarantee national business angels availability of guarantees. programmes development banks The guarantees will cover losses that may occur in the EGF operations of the EIB Group - including the EIB and its specialised SME-financing arm, the European Investment Companies of all sizes Fund. Cities and regional authorities 10 Green investments: € 26 billion in 2020 CLIMATE CHANGE ADAPTATION RENEWABLE ENERGY RESEARCH, DEVELOPMENT AND INNOVATION € 2.4 billion € 3.9 billion € 1.1 billion ENERGY EFFICIENCY LOWER CARBON TRANSPORT ENVIRONMENTAL SUSTAINABILITY FINANCING € 5.7 billion € 8.1 billion € 1.8 billion 11 Investment supported (€ billion) 300. 280 280 270 245 250 250. 231 230 230 200. 169 150. 100. 50. 2012 2013 2014 2015 2016 2017 2018 2019 2020 EIB Group signatures Total investment supported * Change of methodology after 2014 12 EIB Group financing in 2020 by region EFTA & Enlargement Eastern Countries Neighbours € 1.26 bn € 1.34 bn Sub-Saharan Africa, Caribbean and the Pacific € 2.26 bn European Union Outside EU € 10.23 bn Asia and bn Latin € 66.57 America € 1.47 bn Southern Neighbours United Kingdom € 3.51 bn € 387 mn 13 EIB own funds since its foundation 80 Own Funds 70 60 50 2004 EU-25 2007 2020 40 EU-27 EU-27 EURbn 2013 EU-28 30 20 1995 EU-15 1973 1981 1986 10 EU-9 EU-10 EU-12 0 1958 1961 1964 1967 1970 1973 1976 1979 1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2020 14 Raising money on the capital markets Borrowing in 2020 69% EUROPE 17% € bn ASIA 70.0 MIDDLE EAST & AFRICA 2% 12% AMERICAS Largest supranational issuer of green bonds 15 EIB products catalyse investment Each transaction is tailored to the needs of the project Our products are generally classified into loans, guarantees, equity investments, and advisory services The products can be combined or blended with other sources of public financing 16 EIB project cycle Step 1 Step 2 Step 3 Step 4 Proposal Appraisal Approval Signature • Financial • EIB Management Committee • Economic • Investment • Social Committee (EFSI) • Environmental • EIB Board of • Technical Directors assessment Step 7 Step 6 Step 5 Repayment Monitoring Disbursement and reporting 17 European Fund for Strategic Investments EU Guarantee € 26 billion EIB € 7.5 billion EFSI - European Fund for Strategic Investments € 33.5 bn Infrastructure and Innovation Window SME Window Deployed by EIB Deployed by EIF Financing: € ~100 bn Target for total supported investment by 2020: € 500 billon 18 European Fund for Strategic Investments to 2020 Number of EFSI-approved Total operations approved financing investment supported 1,549 € 102.8 bn € 547 bn 19 A responsible bank We monitor the environmental and social sustainability of all of our investment projects We appraise all human, technological, or natural resources used by the project We exclude certain economic activities completely We report greenhouse gas emissions from all project with a significant impact We monitor, report and implement reduction of our own environmental footprint We ensure strong governance, transparency and accountability for ourselves and our counterparts 20 More information at: www.eib.org [email protected] Thank you.