Raiffeisen Bank International AG

M&A Activity • Sep 20, 2024

EQS-Ad-hoc: Raiffeisen Bank International AG / Key word(s): Disposal Raiffeisen Bank International AG: RBI signs agreement on the sale of Priorbank JSC to Soven 1 Holding Limited

20-Sep-2024 / 11:14 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

RBI signs agreement on the sale of Priorbank JSC to Soven 1 Holding Limited

Vienna, 20 September 2024. Raiffeisen Bank International AG (RBI) has today signed an agreement on the sale of its 87.74 per cent stake in Priorbank JSC and its subsidiaries to Soven 1 Holding Limited – thereby completing the negotiations which were announced on February 14, 2024 (Ad-hoc release February 2024). The transaction is subject to regulatory approvals and successful closing, which is expected in Q4/2024.

• At closing, the transaction is expected to have an estimated negative impact of approximately EUR 300 million on RBI Group's consolidated profit, resulting mainly from the difference between purchase price and book value of Priorbank JSC.
• At closing, the impact on RBI Group's CET1 ratio excluding Russia is expected around -5 basis points, resulting from the estimated difference between purchase price and book value of the equity and from the deconsolidation of the RWAs of Priorbank JSC.
• At closing, the transaction is expected to have a further estimated negative impact on RBI Group's consolidated profit of c. EUR 500 million. This will have no impact on the regulatory capital and capital ratios of RBI Group and is related to the reclassification of predominantly historical FXlosses currently recognized in other comprehensive income.

With the completion of this transaction, RBI will have successfully exited the Belarusian market, and thereby reduced its operational complexity in line with its de-risking strategy in Eastern Europe.

Under its new ownership Priorbank JSC will operate in a fully independent manner.

For further information please contact:

John P. Carlson, CFA Head of Group Investor Relations Raiffeisen Bank International AG Am Stadtpark 9 1030 Vienna, Austria ir@rbinternational.com phone +43 1 71 707 2089 www.rbinternational.com

End of Inside Information

20-Sep-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com

Language:	English
Company:	Raiffeisen Bank International AG
	Am Stadtpark 9
	A-1030 Vienna
	Austria
Phone:	+43-1-71707-2089
Fax:	+43-1-71707-2138
E-mail:	ir@rbinternational.com
Internet:	www.rbinternational.com
ISIN:	AT0000606306
WKN:	A0D9SU
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange, SIX, Vienna Stock Exchange (Official Market)
EQS News ID:	1992543

End of Announcement EQS News Service