Moneta Money Bank : GROUP CONSOLIDATED RESULTS FOR THE FIRST SIX MONTHS OF THE YEAR 2017

Prague, 10 August 2017

• Consolidated net profit of CZK 2.2 billion; RoTE of 19.1%, up from 15.3% as of 2016 year end; strong capital position maintained with 18.4% CET1 ratio and excess capital of CZK 3.2 billion
• Growth in gross performing loan balance of 8.9% year on year
• Growth in Small Business net lending of 31.5% and in net investment loans of 20.4% drives solid performance in commercial loan balance
• Significant growth in new mortgage production of 236.7 % year on year results in market share of 4% in the first six months of 2017
• Investment in MONETA's digital offering is delivering results; Smart Banka has been voted Best Mobile Application in the Czech Republic and in the Slovak Republic in 2017; and MONETA is the first bank in the Czech market to roll out a fully digital online retail current account
• MONETA ranked the fastest growing banking brand in the Czech Republic in terms of awareness after one year
• Management confirms its ability and intention to fulfil commitment from current dividend policy

MONETA Money Bank, the leading bank in Czech consumer finance and with a growing SME lending offering, reports an increase in RoTE to 19.1%, with consolidated net profit of CZK 2.2 billion in the first half of 2017. With a CET1 Capital Ratio of 18.4% MONETA remains one of the best capitalised financial institutions in the Czech banking sector. MONETA also maintained very strong liquidity position with liquidity coverage ratio of 160% after paying out the dividend of CZK 5 billion in June 2017. Continued growth, building on the momentum achieved in 2016, is evident across both the retail and commercial franchises. Commenting on the results, Tomáš Spurný, Chief Executive Officer and Chairman of the

ManagementBoardsaid:"MONETA has accelerated its growth in the first half of 2017, exceeding its commitments to our shareholders and supporting the Czech economy. We have delivered a strong performance in both the retail and commercial lending businesses, despite competitive pressures, and maintained cost discipline, leading to a robust performance with further increases in return on equity in the period."

MONETA'sstrategicfocuscontinuestobeonsupportingtheCzecheconomythroughexpandingsmallbusinesslending."We remain focused on ensuring that we fulfil our promise to become the champion for Czech tradesmen, self-employed professionals and small entrepreneurs, helping them to grow their businesses. We have invested in our small business network expansion, client service and product development and have achieved significant instalment lending production growth of 152.1% year on year to CZK 898.3 million," Tomáš Spurný said. Overallsmallbusinesslendingnetbalancegrewby31.5%yearonyeartoCZK2.2billion.Inlinewiththestrongperformanceinsmallbusinesslending,investmentloansnetbalancealsorecordedastrongperformancewithgrowthof20.4%yearonyear.

Inretail,MONETAdeliveredstronggrowthacrossallinstalmentlendingproducts,withretailnetperformingloansup8.1%toCZK56.4billion."We continue to support Czech households with their financial needs. I am proud to announce that we have delivered a significant increase in new mortgage production of 236.7% year on year in the first half of 2017, leading to an increase in mortgage net book value of 17.5% to CZK 17.7 billion. As a result, MONETA achieved a 4.0% market share in new production in the first half of 2017," TomášSpurnýcommented."Our consumer loans also grew steadily in the period, at 5.5% year on year to a net value of CZK 33.7 billion, mainly driven by new production of CZK 14.4 billion in the first six months of 2017, representing a market share of 22.7% for the same period despite pricing pressure in the market. Auto lending grew strongly, driven by new customer acquisitions, with net balances up 18.9% year-on-year to CZK 2.4 billion," TomášSpurnýaddedonthepositiveperformanceintheretailsegment.

"Our focus on becoming a digital leader in the Czech Republic continues, and we have delivered significant progress in the period. We continue to invest in our digital capabilities and we focus on improving our customer experience. This strategy is already delivering excellent results," TomášSpurnýsaid."I am very proud that MONETA's Smart Banka mobile banking platform was voted The Best Mobile Application of the Year 2017, successfully competed with 750

nominations in the Czech Republic and Slovak Republic" headded. "Smart Banka has excellent ratings and has almost 140 thousand registered users to date.

"MONETA is also the very first bank to test a fully digital online retail current account that can be opened within several minutes, and additional digital products and improvements are progressing well. We expect to introduce a fully online unsecured loan product for existing retail and small business clients as well as on-line foreign currency exchange services over the next six months," Tomáš Spurný disclosed. The Bank has invested CZK 120 million of the planned CZK 600 million in building market-leading digital banking products for customers, as well as digitalising back office processes. Furthermore, the modernisation of the Bank's branch and ATM network continues, having invested CZK 146 million of planned CZK 800 million and modernised or relocated nine branches and more than 200 ATMs. Unaided brand awareness of MONETA Money Bank reached 34% on the Czech market within only one year post-IPO. This ranks MONETA the fastest growing brand among banks in terms of awareness.

TomášSpurný:"We continued to control our costs prudently, with year-on-year operating expenses down 2% against the first half of 2016 despite increased employment in front office roles, wage pressures and the investment in the digitalisation of the bank. The cost to income ratio for the period was 43.3%, down from the second half of 2017, and exceeding the guided range."

Thebalancesheetremainsrobustwithareportedcapitaladequacyratioof18.4%.ExcesscapitalattheendoftheperiodstoodatCZK3.2billion. "As previously outlined, this will be used to absorb the one-off impact of IFRS9, for investment into growth initiatives, further RWA growth and for dividend distribution. The Group reaffirms its dividend policy and its target to distribute remaining excess capital to shareholders. Liquidity remains very strong with a liquidity coverage ratio of 160%, significantly above regulatory requirements," TomášSpurnýcommentedonthefinancialperformance.

CZK m 1H 2017 1H 2016 Restated2% Change

Notes: (1) Reviewed by the independent auditors pursuant to standard ISRE 2410 (2) In line with the 2016 Annual report the Group carried out several reclassifications:

a) premium paid to insurance companies reclassed from the line "Other operating expenses" to the line "Fee and commission income"; b) collection costs reclassed from the lines "Administrative expenses" and "Other operating expenses" to the line "Net impairment of loans and receivables"; c)The operating lease contracts were disclosed separately from finance lease in accordance with requirements of IAS 17 Leases and reclassified from the line "Interest and similar income" to the lines "Other operating income" and "Depreciation and amortisation".