Raiffeisenlandesbank Oberoesterreich AG Austria's strongest regional - PowerPoint PPT Presentation

Raiffeisenlandesbank Oberoesterreich AG Austria's strongest regional bank Investor presentation Second quarter of 2019 www.rlbooe.at

Page 2 Content 1. Macro data and banking sector Page 3 2. Raiffeisenlandesbank Oberoesterreich AG Page 9 3. Key figures Page 17 4. Funding Page 25 5. Cover Pool Page 29 6. Highlights Page 32 7. Contacts Page 34

1. Macro data and banking sector www.rlbooe.at

Page 4 Data and facts on Austria General data Austria 2018 Eurozone share 8,822,267 2.6% Population Surface area (in km²) 83,879 3.0% Nominal GDP (in EUR bn) 386.09 3.3% 28.8% GDP per capita (in EUR) 43,660 above average for euro zone Budget balance (% of GDP) – 2018e +0.1 -0.6* State debt ratio (% of GDP) – 2018e 73.8 86.9* Unemployment rate in % Gross domestic product in % Inflation in % 12,0 % 3,0 % 2,5 % 10,0 % 2,0 % 8,0 % 2,0 % 1,5 % 6,0 % 1,0 % 4,0 % 1,0 % 0,5 % 2,0 % 0,0 % 0,0 % 0,0 % 2016 2017 2018 2019p 2020p 2016 2017 2018 2019p 2020p 2016 2017 2018 2019p 2020p Austria Eurozone Austria Eurozone Austria Eurozone Source: 05/2019; TFM/WPR-ER, Putschögl; Statistik Austria, Eurostat, IWF, OeNB, Wifo *Comparable figure eurozone total

Data and Facts on Upper Austria Page 5 Gross regional product and rating 4,0 % Upper Austria Austria 3,5 % 3,0 % 2,5 % 2,0 % 1,5 % 1,0 % 0,5 % 0,0 % 2011 2012 2013 2014 2015 2016 2017 2011 - 2017 Austria Upper Austria Styria Vorarlberg Vienna Tyrol Carinthia Salzburg Lower Austria Burgenland Moody‘s Aa1 Aa1 Aa3 Aa1 S&P AA+ AA+ AA AA+ AA AA Average gross regional product in Upper Austria in the last seven years was 0.4 % above that of Austria. Source: 05/2019; TFM; APA Data: Statistics Austria

Data and Facts on Upper Austria Page 6 Labour market Upper Austria Austria 10,0 % 9,0 % 8,0 % 7,0 % 6,0 % 5,0 % 4,0 % 3,0 % 2,0 % 1,0 % 0,0 % 2012 2013 2014 2015 2016 2017 2018 2012 - 2018 Average unemployment in Upper Austria in the last seven years was 2.7 % below that for the whole of Austria Source: 05/2019; TFM; APA Data: Statistics Austria

Data and facts 2018 Page 7 Industry location Upper Austria Upper Austria in figures Upper Austria Ranking 1 As a % of Austria Population 1.473.576 3 16.7 Surface area in km² 11.980 4 14.3 People in employment 665.7 2 17.8 Production value (industry) in EUR billions 43.1 1 24.5 Exports* (goods) in EUR billions 36.5 1 25.7 Industrial sectors/production data Upper Austria in EUR billions Austria in EUR billions As a % of Austria Machinery and metal goods 12.4 39.2 31.6 Vehicles (automotive) 8.1 16.9 47.9 Chemical industry 5.1 15.4 33.3 Non-ferrous metal 2.4 4.9 48.6 Food 2.3 10.1 22.9 Construction 2.0 7.0 27.9 The production value of around EUR 43.1 billion equates to a relative share in the total production value of Austria of 24.5% Source: 05/2019; WKO OOE, Statistics Austria; 1 Ranking of Upper Austria amongst the nine federal regions *Figures 2017

Page 8 The largest Austrian banks Rank Bank Total Assets in EUR billions Employees CET 1 Ratio in % 1 Erste Group Bank AG 236.8 47,397 13.5 2 Raiffeisen Bank International AG - RBI 140.2 47,079 13.4 3 Unicredit Bank Austria AG 99.0 5,374 18.6 4 BAWAG P.S.K. AG 44.7 4,132 12.2 5 Raiffeisenlandesbank Oberoesterreich AG 42.0 1,501* 15.1 6 Oesterreichische Kontrollbank AG 28.7 466 64.0 7 Raiffeisenlandesbank Niederoesterreich AG 25.7 957 13.6 8 Oberbank AG 22.2 2,101 17.5 9 Raiffeisenlandesbank Steiermark AG 15.1 632 18.7 10 HYPO NOE Group 14.1 789 20.9 Source: 05/2019; TFM Total assets as at 31 Dec. 2018 * only RLB OOE – without consolidated companies

2. Raiffeisenlandesbank Oberoesterreich AG www.rlbooe.at

Shareholder structure Page 10 Raiffeisen Banking Group Austria Upper Austria 388 Raiffeisenbanks 80 Raiffeisenbanks Across Austria, 388 independent Raiffeisenbanks Across Upper Austria, 80 independent with a total of around 1,500 branches Raiffeisenbanks with a total of 418 branches 100 % 100 % 8 Raiffeisen regional banks Free Float Majority shareholders in RBI Shareholder in RBI 58.80 % 9.51 % 41.20 % Source: 05/2019; TFM

Page 11 Institutional Protection Scheme (IPS) Raiffeisen Group IPS in accordance with Article 113 (7) and Article 49 (3) Capital Requirements Regulation (CRR) Essential requirements of the CRR:  contractual or statutory liability agreement, liquidity and solvency of the banks is secured  IPS has a suitable early detection system and carries out its own risk assessments  annual consolidated financial statements or report  no multiple use of capital  the members need to commit to an essentially homogeneous business profile Benefits of membership for the participating banks  non-deduction of the participation in the central bank  0% weighting of liabilities within the IPS  OTC derivatives can be entered into between IPS members without an external clearing house „Raiffeisen Federal-IPS“ „Raiffeisen Regional-IPS“ Upper Austria  Raiffeisenbank International  Raiffeisenlandesbank Oberoesterreich AG  Raiffeisen regional banks  Raiffeisenbanks in Upper Austria  Raiffeisen Holding NOE-Wien  Raiffeisen-Kredit-Garantie-Gesellschaft m.b.H.  Raiffeisen Bausparkasse  Raiffeisen Wohnbaubank  With participation of Raiffeisen Upper Austria deposit fund  Posojilnica Bank Source: KRW/BW, Freund; 05/2019

The basis for a successful future Page 12 Key data on Raiffeisenlandesbank Oberoesterreich Group Facts  Austria's fifth largest bank  Austria's strongest regional bank  Austria's largest Raiffeisenlandesbank  Rooted in Austria's strongest business region Key income figures 2018 (in EUR M) Equity figures 2018   CET 1 Ratio: 15.1 % Balance sheet: 42,000   Total Capital Ratio: 16.8 % Pre-tax profit: 369 Raiffeisenlandesbank Oberoesterreich AG operates in the strongest growing region of Austria. Average economic growth in Upper Austria was 0.3% above the average for Austria as a whole in the last seven years. Furthermore, overall production value at about 27% far exceeds the average for Austria. Source 05/2019; TFM

Branches and locations in Central Europe Page 13 Raiffeisenlandesbank Oberoesterreich Southern Germany: Czech Republic:  Augsburg  Prague  Heilbronn  Munich  Nuremberg  Passau  Regensburg  Stuttgart Austria:  Ulm  Upper Austria  Wuerzburg  Vienna Raiffeisen Banking Group Upper Austria’s* market shares: • Industrial companies 85.2% • SMEs 37.8% • Private customers 55.8% Source: 05/2019; TFM / ORG/I * Raiffeisenlandesbank Oberoesterreich plus Upper Austrian Raiffeisenbanks

Strategic business fields Page 14 Raiffeisenlandesbank Oberoesterreich • Financial Markets – asset-liability-management and customer treasury • Corporates - corporate and institutional customers • Retail & Private Banking – private-, commercial- and affluent private customers • Raiffeisenbanks - strategic collaboration • Equity investments Raiffeisenlandesbank Oberoesterreich AG is focused on meeting the needs of its customers and places its Corporate and Private customer business as well as Financial Market business at the centre of its activities. Cooperation with the independent Raiffeisenbanks operating in Upper Austria forms a central component in strengthening market position in the region. Source: 05/2019; TFM

Investment portfolios Page 15 Raiffeisenlandesbank Oberoesterreich Group Outsourcing & banking-related investments Banks and Financial Institutions  100 %  87.24 % GRZ IT Center GmbH activ factoring AG, München  Opportunity and partner capital Raiffeisen-IMPULS-Leasing 100 % Gesellschaft m.b.H.  VIVATIS Holding AG 3) 100 %  SALZBURGER LANDES- 74.32 %  51.00 % efko Frischfrucht und Delikatessen GmbH HYPOTHEKENBANK AG  KEPLER-FONDS  Oesterreichische Salinen AG 41.25 % 64.00 % Kapitalanlagegesellschaft m.b.H.  AMAG Austria Metall AG 16.50 %  38.56 % Oberoesterreichische Landesbank AG  Energie AG 2) 13.97 %  25.00 % Raiffeisenbank a.s., Prag  voestalpine AG 1) 13.54 %  9.96 % Oberoesterreichische Versicherung AG Property  Raiffeisen Bank International AG 9.51 %  100 % REAL-TREUHAND Management GmbH Shareholdings with at-equity valuation (in extract)  RealRendite Immobilien GmbH 100 %   Raiffeisen Bank International AG AMAG   Raiffeisenbank a.s., Prag Oesterreich. Salinen AG  RealBestand Immobilien GmbH & Co KG 100 %   Oberoesterreichische Landesbank AG voestalpine AG As at: 05/2019, BET, Szigmund, Ganglbauer 1) proportion of shares with voting rights <15%, 10.24 % RLB indirectly via RLB OOE Invest 2) cumulative shares incl. Raiffeisen Banking Group Upper Austria; 3) above PS RLB OOE

Rating and supervision Page 16 Raiffeisenlandesbank Oberoesterreich Group Long-term creditworthiness (Moody‘s) Baa1 Short-term creditworthiness (Moody‘s) P-2 Outlook (Moody‘s) stable Mortgage Covered Bond Ratings (Moody‘s) Aaa Sustainability rating (iss-oekom) C (prime) Raiffeisenlandesbank Oberoesterreich qualifies as a significant bank and is therefore directly supervised by the European Central Bank Source: 05/2019; TFM

3. Key Figures www.rlbooe.at