Alpha Bank sale of Non-Performing Loans (press release):

Alpha Bank A.E. announces that together with Alpha Bank Romania S.A. (jointly hereinafter the “Bank”) they have entered into a definitive agreement for the sale of a Non-Performing Wholesale Loans Portfolio with a total outstanding balance of c. Euro 360 million.

The Portfolio will be acquired by entities financed by a consortium of international investors including Deutsche Bank AG, funds advised by AnaCap Financial Partners LLP and funds advised by APS Investments S.à.r.l.

The completion of the transaction is subject to the relevant regulatory approvals.

This transaction completes the actions carried out by the Bank to sell a significant part of its Romanian Non-Performing Exposures, which include the sale of a Non-Performing Retail Loans Portfolio of a total outstanding balance of c. Euro 50 million to the Norwegian group B2Holding, in the third quarter of 2017.

The transaction contributes towards and is fully consistent with the execution of the Bank’s Restructuring Plan, while the combined effect of the above transactions is expected to be accounting and capital ratio accretive for the Bank.