Banca Carige S p A Cassa di Risparmio di Genova e Imperia : 1H21 Results

Consolidated results as at 30 June 2021

Genoa, 12 August 2021

Agenda

1

2

3

4

5

Highlights

Asset quality

Capital and liquidity

Results as at 30 June

Annexes

2

Highlights

CET1 ratio

LCR

NPE ratio

ratio

Gross NPE

ratio

Cost of risk(2)

12/2020 06/2021

12.8% 11.4%

172% 192%

2.5% 2.5%

5.1% 4.9%

8054

+165(1) bps vs. regulatory

requirement

Robust liquidity position

preserved

Maintained the excellent levels of NPEs on the total loan portfolio, confirming credit quality despite Covid-induced adverse conditions

CoR down

(1)	+285 bps vs. regulatory requirement, CRD V fully loaded	3
(2)	Annualised operational data

Capital

Phased-in CET 1 Ratio	%	Phased-in TC Ratio	%

						15.1%
							13.7%
		12.8%			13.25%
				Overall
			11.4%	Capital	CCB
			Requirement
				2.5%
				(13.25%)
	9.75%				P2R
					2.75%
	CCB
	2.5%
CET1	P2R			Total SREP	AT1/T2
Requirement
2.75%			Capital	3.5%
				Requirement
8.55%
CRD V fully				10.75%
loaded
(6.05% net
of CCB)(1)	CET1				CET1
4.5%				4.5%
	SREP(1) 2020	31/12/2020	30/06/2021		SREP(1) 2020	31/12/2020	30/06/2021

RWAs(2)	9.4	9.3	RWAs(2)	9.4	9.3
EUR bn			EUR bn

1. Supervisory Review and Evaluation Process - In 2021, P2R should be held with 56.25% in CET1 and 75% in Tier 1; ECB has introduced a set of measures which will allow banks to

operate temporarily below the level of capital defined by the Pillar 2 Guidance and Capital Conservation Buffer	4
(2) Risk Weighted Assets

2Q21:5 reclassified income statement(1)

EUR mln

		2.1	1.5	105.9	-54.1
	1.6
61.4
					-9.9
39.3					-30.7
					11.2	-18.3
							-6.5		-2.8			-11.2	-9.9	-10.1
								4.9
									-3.4
						0.6	-0.1			-3.5
									1.3
												0.2

(1)	See slide 20 for more details
(2)	Includes: Net profit (loss) from non-core trading, Profits (losses) on equity investments and disposal of investments, Strategic Plan charges relating to non-recurring items	5