3Q20 Financial Performance

STRONG CAPITAL ADEQUACY POSITION NBG MEASURES AS A RESPONSE TO COVID-19 NBG's COVID-19 Supervisory Plan effective since March 2020: Combined buffer - the conservation buffer requirement of 2.5% of risk- weighted assets has been reduced to 0% indefinitely; Pillar 2 requirements: Currency induced credit risk buffer (CICR) requirement reduced by 2/3rds indefinitely; The phase-in of additional credit portfolio concentration risk buffer (HHI) and net GRAPE buffer requirements on Common Equity Tier 1 (CET1) and Tier 1 capital, planned at the end of March 2020, has been postponed indefinitely; The possibility of fully or partially releasing the remaining requirements of Pillar 2 buffers (HHI, CICR, net GRAPE), if necessary, remains open. Capital distribution during the period the banks are allowed to partially or fully use the Pillar 2 and conservation buffers, the banks are restricted to make capital distribution in any form; General loan loss provisioning relating to COVID-19. The Bank's actual capital adequacy position at 30 June 2020 considers the additional general provision of GEL 400 million (approximately 3.3% of the Bank's lending portfolio subject to provision under the local regulatory accounting standards) booked under the Bank's local regulatory accounting basis in March 2020, which is used for calculation of the Bank's capital ratios, reflecting NBG's expectation of estimated credit losses on the Bank's lending book for the whole economic cycle, given current economic expectations. CAPITAL ADEQUACY RATIOS 16.8% 18.1% 13.3% 13.6% 11.1% Sep-19 27 17.4% 17.3% 15.3% 12.0% 12.0% 10.6% 9.9% 9.9% 11.5% 8.3% Dec-19 Mar-20 Jun-20 Sep-20 Tier I Capital Adequacy Ratio CET1 Capital Adequacy Ratio ■Total Capital Adequacy Ratio REGULATORY REQUIREMENTS 17.1% 16.1% 11.6% 12.2% 9.5% 10.1% Sep-19 13.3% 13.3% 13.2% 8.7% 8.7% 8.7% 6.9% 6.9% 6.9% Dec-19 Mar-20 Jun-20 Sep-20 CET1 Capital Adequacy Ratio Total Capital Adequacy Ratio Tier I Capital Adequacy Ratio

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