RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG

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1 RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG Company Presentation August 2015

2 Austria: Banking Sector Total Assets * [EUR bn/fy2014] Total Net Profit * after tax [EUR mn/fy2014] Rating [Moody's LTR/BCA] Raiffeisen Banking Group 1) ) Erste Bank Group 2) ,313 Baa2/ba1 Unicredit Bank Austria Group ,360 Baa2/ba2 RZB Group (RZB+Raiffeisen Bank International) Baa2 (RZB) & Baa2/ba3 (RBI) RLB Oberösterreich Baa2/ba1 Bawag/PSK Group Baa1/baa3 RLB Niederösterreich-Wien Group Baa2/ba2 OeVAG Group Caa1/caa3 Oberbank not rated RLB Steiermark Group Baa2/ba1 1) Legally not consolidated (FY14) 2) incl. Independent Savings Banks * IFRS Source: Annual Reports 2

3 AQR: RLB NÖ-Wien ranks first among Austrian banks evaluated by ECB Austrian Banks - AQR / Stress Test Results: CET1- Ratio in % CET1-Ratio YE2016 Adverse Scenario AQR adjusted CET1-Ratio YE2013 CET1-Ratio YE2013 RLB NÖ-Wien BAWAG-P.S.K Average Results all 130 Banks RLB OÖ RZB Erste Bank ÖVAG % - CET1 Threshold Adverse * 8 % - CET1 Threshold Baseline * *ECB requirements Source: Austrian Press Agency /ECB 3

Raiffeisen in Austria: History and Principles Foundation The Raiffeisen organisation was founded by Friedrich Wilhelm Raiffeisen (1818-1888), one of the most important social reformers in the 19th

4 Raiffeisen in Austria: History and Principles Foundation The Raiffeisen organisation was founded by Friedrich Wilhelm Raiffeisen ( ), one of the most important social reformers in the 19th century. Idea The original idea was to provide basic banking services to the rural population based on the cooperative principle. History Only ten years after the foundation of the first Raiffeisenkasse in Austria (1886), 600 banks were operating in the Raiffeisen system. Those local cooperatives formed Raiffeisen regional banks, such as Raiffeisenlandesbank Niederösterreich- Wien (1898). On a national level, Raiffeisen Zentralbank Österreich AG, was founded in 1927 as the central institution of the banking group. Principles Cooperation within the Raiffeisen Group has been based upon the principles of solidarity, subsidiarity and regionalism ever since. 4

5 Raiffeisen in Austria: Important group with valuable brand Important economic factor The Raiffeisen Group is Austria s largest private sector employer, with 1,600 independent cooperatives (Raiffeisen banks, warehouses, markets, food producing companies, other cooperatives) and approx. 58,500 employees. Valuable brand Raiffeisen is one of the most valuable brands in Austria with a brand value of about EUR 3 billion. At the same time, Raiffeisen is the number 1 brand among Austrian financial institutions. Raiffeisen in Austria 2014 Customers ~ 4 million Members ~ 2.1 million Employees ~ 58,500 Independent cooperatives ~ 1,600 Source: Raiffeisenverband Österreich 5

Raiffeisen in Austria: Key Facts of the Banking Group Raiffeisen Banking Group is Austria s largest financial services provider represents more than a quarter of the Austrian banking system provides

6 Raiffeisen in Austria: Key Facts of the Banking Group Raiffeisen Banking Group is Austria s largest financial services provider represents more than a quarter of the Austrian banking system provides the largest branch network with 473 independent Raiffeisen banks and approx. 1,600 branches and sales outlets ( ) has about 1.7 million members; about 32,000 employees in Austria has its own deposit insurance schemes in addition to the mandatory federal deposit insurance 6

7 Raiffeisen in Austria: Structure of the Banking Group 1.7 Million Cooperative Members ~ 470 Independent Raiffeisen Banks with ~ 1,600 branches 8 Raiffeisen Regional Banks (= Raiffeisenlandesbanken) 1) Raiffeisen Zentralbank Österreich Raiffeisen Bank International 1) RLB NÖ-Wien is with a participation of 34.7% the largest shareholder of RZB-Group 7

Raiffeisen Deposit Insurance Austrian Raiffeisen Deposit Insurance Mandatory bank deposit insurance and investor compensation according to Austrian Banking Act (BWG) (maximum EUR 100,000)

mechanisms for troubled member banks Raiffeisen Deposit Guarantee Association Legally binding form Two levels Retained earnings of all member Raiffeisen banks are used (according to the individual

8 Raiffeisen Deposit Insurance Austrian Raiffeisen Deposit Insurance Mandatory bank deposit insurance and investor compensation according to Austrian Banking Act (BWG) (maximum EUR 100,000) Raiffeisen Banking Group s Solidarity Association Voluntary support for any member Raiffeisen bank that experiences economic difficulties Solidarity co-operatives at the provincial level Support mechanisms for troubled member banks Raiffeisen Deposit Guarantee Association Legally binding form Two levels Retained earnings of all member Raiffeisen banks are used (according to the individual economic capability) About 95 per cent of all deposits at Raiffeisen banks are insured by the Raiffeisen Kundengarantie-Gemeinschaft Österreich, including: customer deposits, bonds, promissory note loans 8

9 Raiffeisen Institutional Protection Schemes (IPS) Raiffeisen Bundes-IPS (Federal IPS in Austria) RZB Raiffeisenlandesbanken Raiffeisen Holding NÖ-Wien Raiffeisen Bausparkasse Raiffeisen Wohnbaubank Zveza Bank Raiffeisen Landes-IPS Niederösterreich-Wien (Regional IPS in Lower Austria) RLB NÖ-Wien AG Raiffeisen banks in Lower Austria Raiffeisen Holding NÖ-Wien Institutional Protection Schemes according to Article 113 par. 7 and Article 49 par. 3 Capital Requirements Regulation (CRR) Main Requirements according to CRR: contractual liability arrangement which ensures liquidity and solvency of the participating institutions systems for monitoring and classification of risk own risk review annualy published consolidated report (balance sheet, P&L report, situation report, risk report) elimination of multiple use of elements eligible for own funds predominately homogeneous business profile Essential advantages of IPS for the participating institutions: holdings in own funds instruments of all institutions in the IPS have not to be deducted 0 per cent risk weight for exposures to participants of IPS derivate contracts between IPS members must not be cleared over a CCP 9

10 Raiffeisenlandesbank NÖ-Wien at a glance Key Highlights Raiffeisenlandesbank NÖ-Wien is one of the largest banks in Austria and a leading member institution of the Raiffeisen sector. It is the central institution of the Raiffeisen Banking Group in the provinces of Lower Austria and Vienna (regional market share approx. 43 per cent) and one of the five banks in Austria under ECB supervision. It is the largest owner of RZB Group (34.7 %). As a universal bank it focuses on retail business and privat banking, SME customers and corporates, municipal sector. Very diversified liquidity profile with ample funding sources. RLB NÖ-Wien Rating Long-term Senior Unsecured Debt Rating Baa2 Outlook negative Adjusted Baseline Credit Assessment ba1 Subordinated Debt Ba2 Last Rating Action

11 RLB NÖ-Wien: Key Financials RLB NÖ-Wien Balance Sheet Loans to customers 12,418 11,005 Deposits from customers 7,478 8,280 Savings deposits 1,839 2,287 Bond issues 6,201 6,683 Total own funds 3,166 3,336 EUR million RLB NÖ-Wien Ratios Core Tier 1 ratio 12.2% n.a. Total own funds ratio 19.7% 1) 21.4% 2) 1) according to CRR (RH NÖ-Wien credit institution group) RLB NÖ-Wien with total assets of EUR 29.5 billion ( ) is one of the largest banks in Austria. Consolidated net loss amounted to EUR million ( ). 2) according to Basel II Total Capital 13.3% 14.1% 14.9% 9.7% 10.1% 10.3% 21.4% 19.7% 12.2% Core Tier 1 ratio Total Capital ra tio Note: as of 2014 calculation according to CRR - RH NÖ-Wien credit institution group (not comparable with the previous years) Consolidated net profit/loss (IFRS/UGB) n.a IFRS UGB -273 EUR million 11

RLB NÖ-Wien: Our core markets Lower Austria and Vienna 3.7 million inhabitants of the core region represent 42 per cent. of the Austrian total population.

12 RLB NÖ-Wien: Our core markets Lower Austria and Vienna 3.7 million inhabitants of the core region represent 42 per cent. of the Austrian total population. In the International Mercer-Study about quality of life Vienna has achieved the first rank four times in a row. According to an UN study of 2013 Vienna is the city with the highest living quality in the world. Vienna is Europe's fifth richest region with a purchasing power index of 180 (EU-25: 100). The region is a hub and starting point for the Eastern Europe operations of numerous companies. 12

13 RLB NÖ-Wien: Market presence in Vienna RLB NÖ-Wien services approx. 272,000 clients in Vienna. Business areas: Corporate customers SME customers Private Banking Retail customers Municipal customers Market share in Vienna 25% 33% 13% Retail customers Corporate customers Trade- and commerce customers Raiffeisen in Vienna Customers 272, ,000 Branches and offices Employees 1,200 1,273 13

14 RLB NÖ-Wien: Ownership Structure 65 Raiffeisen Banks in Lower Austria Other (e.g. warehouses) 79.6% 20.4% 21.4% Raiffeisen-Holding Niederösterreich-Wien 78.6% Raiffeisenlandesbank Niederösterreich-Wien 14

Our Shareholders: Raiffeisen Co-operative Banks in Lower Austria Raiffeisen banks NÖ - Balance Sheet 2014 2013 Raiffeisen banks NÖ 2014 2013 Loans to customers 11,433 10,749 Customers 965,000 962,000

15 Our Shareholders: Raiffeisen Co-operative Banks in Lower Austria Raiffeisen banks NÖ - Balance Sheet Raiffeisen banks NÖ Loans to customers 11,433 10,749 Customers 965, ,000 Savings deposits 10,880 10,986 Branches and offices Total own funds 1,815 1,839 Employees 3,162 3,236 Total assets 19,953 19,577 EUR million data without RLB NÖ-Wien RLB NÖ-Wien s shareholders are 65 independent cooperative banks, which are strongly anchored in the region. The Raiffeisen banks in Lower Austria are the leading banking group in Lower Austria, with a market share of about 43 per cent ( ). Key business areas of the Raiffeisen banks are services for retail customers and business with regional small and medium sized companies. 15

16 Our Shareholders: Raiffeisen Holding Niederösterreich-Wien One of the largest holding companies in Austria Investments in Austria and abroad The portfolio of investments comprises four core business areas: Finance Industry Media Real estate Most important participation: RLB NÖ-Wien Further substantial investments in the different segments are: Agrana, Südzucker, Leipnik- Lundenburger Invest, Strabag, NÖM, Kurier 16

Our Shareholders: Raiffeisen Holding Niederösterreich-Wien Raiffeisen-Holding NÖ-Wien - Group 2014 Total assets 31,029.6 Financial assets 5,806.4 Investments in associated companies 3,568.

17 Our Shareholders: Raiffeisen Holding Niederösterreich-Wien Raiffeisen-Holding NÖ-Wien - Group 2014 Total assets 31,029.6 Financial assets 5,806.4 Investments in associated companies 3,568.2 Loans to banks 6,317.9 Loans to customers 12,098.4 Equity *) 2,736.5 Own funds ratio *) 19.7 Net interest income 38.7 Net group profit EUR million; Source: Financial Statements IFRS *) according to CRR (RH NÖ-Wien credit institution group) Raiffeisen-Holding NÖ-Wien - Group 2014 Group companies ~ 550 Locations ~ 3,600 Total revenues ~ 35.3 bn Employees ~ 152,000 includes major group companies 17

18 Our participations: RZB and indirectly Raiffeisen Bank International Raiffeisenlandesbank Niederösterreich-Wien 34.7 % Raiffeisen Zentralbank Österreich ~ 21% 60.7 % Raiffeisen Bank International 18

Raiffeisen Bank International: Key Facts RBI - balance sheet 2014 RBI - Ratios 2014 Total assets 121,624 Return on Equity before tax 0.2% Loans to banks 15,573 CET 1 ratio (transitional) 10.

19 Raiffeisen Bank International: Key Facts RBI - balance sheet 2014 RBI - Ratios 2014 Total assets 121,624 Return on Equity before tax 0.2% Loans to banks 15,573 CET 1 ratio (transitional) 10.9% Loans to customers 77,925 CET 1 ratio (fully loaded) 10.0% Deposits from customers 66,094 Total capital ratio (transitional) 16.0% Bond issues 10,593 NPL-Ratio total 11.3% Deposits from other banks 22,408 Coverage-Ratio total 67.4% EUR billion; Source: Annual Financial Report IFRS RBI - Information 2014 Markets 16 Customers ~ 14.8 Mio. Branches ~ 2,866 Employees (full-time equivalents) ~54,730 RBI - Segments (66) (253) (60) 111 CE SEE RUS CIS Other Group Corporates Group Markets profit before tax; EUR million -493 Corp. Center & Reconciliation 19

20 Raiffeisen Bank International: A leading bank in CEE 20

RLB NÖ-Wien: Top Management Klaus Buchleitner, MBA, Raiffeisen Banks/Management-Services, Chairman Chairman of the

Girozentrale Bank AG, Raiffeisen Ware Austria, BayWa AG Dr.

July 2003 Born in 1962; Previous employments: Creditanstalt-Bankverein, Raiffeisenbank Wien Reinhard Karl, Corporate

Salzburger Sparkasse Bank AG, Erste Bank Andreas Fleischmann, Financial Markets/Organization/IT RLB NÖ-Wien Board Member

Bank, Österreichische Postsparkasse, Bank Austria Creditanstalt, UniCredit Group, Kommunalkredit Austria AG, KA Finanz

21 RLB NÖ-Wien: Top Management Klaus Buchleitner, MBA, Raiffeisen Banks/Management-Services, Chairman Chairman of the Management Board of RLB NÖ-Wien and Raiffeisen-Holding NÖ-Wien since June 2012 Born in 1964; Previous employments: Girozentrale Bank AG, Raiffeisen Ware Austria, BayWa AG Dr. Georg Kraft-Kinz, Retail Banking RLB NÖ-Wien Deputy CEO since May 2010, Board Member in charge of Retail Banking since July 2003 Born in 1962; Previous employments: Creditanstalt-Bankverein, Raiffeisenbank Wien Reinhard Karl, Corporate Banking RLB NÖ-Wien Board Member in charge of Corporate Banking since May 2009 Born in 1964; Previous employments: Salzburger Sparkasse Bank AG, Erste Bank Andreas Fleischmann, Financial Markets/Organization/IT RLB NÖ-Wien Board Member in charge of Financial Markets and Organization/IT since September 2013 Born in 1967; Previous employments: GiroCredit Bank, Österreichische Postsparkasse, Bank Austria Creditanstalt, UniCredit Group, Kommunalkredit Austria AG, KA Finanz AG Michael Rab, CRO/CFO RLB NÖ-Wien Board Member in charge of Risk Management/Finance since July 2007 Born in 1961; Previous employments: KPMG Alpen-Treuhand-Austria-Group, Austrian Raiffeisen-Verband 21

22 Friedrich-Willhelm-Raiffeisen-Platz Vienna, Austria Contact details Financial Institutions, Syndications & International Desk Treasury Felix Mayr Head of International Business +43 (0) felix.mayr@raiffeisenbank.at Florian Hehenfelder Head of Global Financial Institutions & Syndications +43 (0) florian.hehenfelder@raiffeisenbank.at Tim Geißler Head of Treasury +43 (0) tim.geissler@raiffeisenbank.at Michael Handl Treasury Steering Liquidity +43 (0) michael.handl@raiffeisenbank.at Christiane Tauschitz Financial Institutions Natalia Kasatkina Financial Institutions Jochen Bonk Treasury Interest Steering Detlef Völlger Treasury Consulting and Sales +43 (0) christiane.tauschitz@raiffeisenbank.at +43 (0) natalia.kasatkina@raiffeisenbank.at +43 (0) jochen.bonk@raiffeisenbank.at +43 (0) detlef.voellger@raiffeisenbank.at Nadja Watti Financial Institutions +43 (0) nadja.watti@raiffeisenbank.at Marika Miklis Financial Institutions & International Desk +43 (0) marika.miklis@raiffeisenbank.at Christian Stangl MM & Derivates +43 (0) christian.stangl@raiffeisenbank.at Andrea Pelzmann Transaction Management +43 (0) andrea.pelzmann@raiffeisenbank.at Bernhard Steiner Syndications Herta Ruscher Assistant Sabrina Dittinger Investor Relations +43 (0) bernhard.steiner@raiffeisenbank.at +43 (0) herta.ruscher@raiffeisenbank.at +43 (0) sabrina.dittinger@raiffeisenbank.at 22

23 Disclaimer Exclusion of liability: This presentation is a marketing information of Raiffeisenlandesbank Niederösterreich-Wien AG ( RLB NÖ-Wien ). The presentation is made solely for information purposes and does not constitute an offer, an invitation to make an offer or an investment advice for the purchase or sale of any securities of RLB NÖ-Wien. Furthermore this presentation does not constitute any investment, legal or tax advice. This presentation is not for release, distribution or publication, whether directly or indirectly and whether in whole or in part, into or in the United States, Australia, Canada or Japan or any other jurisdiction in which such release, distribution or publication would be unlawful. Statements and views made in this presentation represent the opinion of RLB NÖ-Wien which can be changed at any time without prior notice. This document is aimed at experienced and professional investors. Statements and views made in this presentation represent the opinion of RLB NÖ-Wien which can be changed at any time without prior notice. This presentation was drafted as of 30 June 2015 on the basis of information known at that time to RLB NÖ-Wien. The information contained herein has partly been based on other sources that RLB NÖ-Wien believes as reliable. RLB NÖ-Wien however accepts no liability or responsibility with respect to the information from such other sources. Furthermore information contained in this presentation may change or turn out to be incorrect in the future. RLB NÖ-Wien therefore accepts no liability or responsibility for the accuracy, the completeness or the being up-to-date of the information in this presentation. Furthermore, rounding differences may arise in tables and graphs. Although this presentation was carefully edited, the possibility of printing errors cannot be excluded. This document has been prepared exclusively for the internal use by the addressees and must not be reproduced, distributed or disclosed. Prospectuses: Complete and extensive details on RLB NÖ-Wien as well as on its Debt Issuance Programmes should be taken from the Austrian base prospectus dated 22 May 2015 or the Debt Issuance Programme Prospectus dated 22 May 2015 (including supplements). These documents are available at the premises of RLB NÖ-Wien, at Friedrich-Wilhelm-Raiffeisen-Platz 1, 1020 Vienna, and may be obtained there at its usual business hours. The prospectuses are furthermore published on the website of RLB NÖ-Wien ( 23

RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG

RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG Company Presentation August 2016 Disclaimer Exclusion of liability: This presentation is a marketing information of Raiffeisenlandesbank Niederösterreich-Wien