Attica Bank S A : Annual Report

Annual Report

2020AnnualReport

Contents

2020 at a glance...........................................................................	7
Management Statement............................................................	11
Group Figures............................................................................	15
Main Pillars of Activity...............................................................	21
Attica Bank's share price evolution..........................................	37
Human Resources.....................................................................	43
Corporate Governance..............................................................	47
Appendix....................................................................................	51
Annual Report 2020...............................................................	53

The Annual Report includes financial data and information as of 31.12.2020, unless otherwise stated. The Annual Report is available in electronic form on the Bank's website, www.atticabank.gr. The Annual Financial Report for the Year 2020 is available on the Bank's web site, at the following email address https://www.atticabank.gr/en/investors/investor-financial-re- sults/periodical-financial-data?folder=2020.

Annual Report 2020

2020 at a glance01

Annual Report 2020

7

Μarch 2021

Attica Bank has concluded to use the provisions of L. 3723/2008	February - Μay 2020
on "Strengthening the Liquidity of the Economy to Deal with the
Impact of the International Financial Crisis" and at the same time the	Furthermore, during 2020, the Bank, according to
guarantees of Pillar II. In addition, Attica Bank is no longer subject	its business plan, completed the actions for the
to the commitments of the abovementioned program such as, inter	disinvestment of the subsidiaries «Attica Wealth
alia, the obligation to appoint a representative of the Greek State	Management» and «Attica Bank Properties». The
to the Board of Directors of the Bank. The annual savings for the	consideration from the transaction of Attica Bank
Bank amounts to approximately e 3.5 million (commission for the	Properties stood at e 682k and from Attica Wealth
guarantee of the Greek State).	Management at e 1,848k respectively.

September 2020

The Bank concluded the restructuring of the Bonds	December 2020
of the Artemis Project in accordance with the new
supervisory framework and furthermore, the increase of	The Bank proceeded with its third securitization (Project
the cash receipts received by the Bank, the improvement	Astir 1&2). The securitized portfolio amounts to e 712.1
of the fair value of the bonds and the effective	mln, out of which e 340.5 mln corporate loans and
management of the transaction. In particular, with this	e 371.3 mln retail loans. The transaction is part of the
new structure, the Senior Note amounts to a nominal	Bank's Business Plan for the effective management
value of e 487 mln, a Mezzanine position of a nominal	and the minimization of the non-performing exposures
value of e 38 mln is created and also a new position A2	("legacy") within 2021.
of a nominal value of e 61 mln, which entails the total
claims of the Master Servicer, and the nominal value of
the Junior Note remains to e 806 million.

8Annual Report 2020

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