Presentation delivered by Mr. Richard S. Sammy, Group Vice President (Designate), Republic Financial Holdings Limited at the seminar titled, "Budgeting for Sustainable Development" on June 14, 2022 in Turks and Caicos Islands. The seminar was part of the Bank's 52nd Annual Meeting activities.

2. Budgeting for the Sustainable
Development Goals: Measure Better to
Target Better
PRESENTATION BY:
Richard S. Sammy
Group Vice President (Designate)
REPUBLIC FINANCIAL HOLDINGS LIMITED
June 14th, 2022 Private & Confidential
CONFIDENTIAL

3. CONFIDENTIAL
Established: 1837
Predecessor: Colonial Bank (Trinidad and Tobago)
Barclays Bank (Trinidad and Tobago)
Headquarters: Port of Spain, Trinidad and Tobago
Employees: 7,500
Key People: Vincent Pereira, Chairman
Nigel Baptiste, President & Chief Executive
Symbol: TTSE: RFHL
S&P Rating: BBB-/A3
Industry: Banking and Financial Services
Areas Served: Anguilla, British Virgin Islands, Barbados,
Grenada, Ghana, Guyana, St. Lucia, St. Vincent
Kitts and Nevis,
St. Maarten, Suriname and Trinidad and Tobago
Products: Consumer Banking, Corporate Banking, Investment
Cards, Wealth Management
Total Assets: US$16.5 Billion (2022)
Total Equity: US$1.8 Billion (2022)
Market Cap: US$3.4 Billion (2022)
Awards: “Bank of the Year – Caribbean, 2015” by Latin Finance
“Bank of the Year – Trinidad and Tobago, 2015” by Latin Finance
“Bank of the Year – Caribbean, 2018” by Latin Finance
“Bank of the Year – Trinidad and Tobago, 2018” by Latin Finance
“Bank of the Year – Caribbean, 2019” by Latin Finance
“Bank of the Year – Trinidad and Tobago, 2019” by Latin Finance

4. First Indigenous Domiciled Bank to formalize an ESG
Unit/Office of Sustainability and commit to the United
Nations Environmental Programme Financial Initiative’s
(UNEPFI’s) Principles of Responsible Banking (PRB) and (Net
Zero Banking alliance (NZBA).
The Group is also leading on identifying territory specific SDGs
and incorporating their application as part of a wider
Environmental, Social and Governance (ESG) Framework
CONFIDENTIAL
RFHL’s
Sustainability
Leadership
Example

5. Our OverallSustainability
Strategy – Environmental,
Social, Governance (ESG)
CONFIDENTIAL
1. Materiality Assessment of Group internal and external ESG
issues
2. ESG Data driven decision-making throughout operations
inclusive of investment portfolios
3. International best practice for measuring and tracking internal
and external ESG initiatives
4. Risk management tools to be applied to climate and other
environmental potential risks in credit and investment portfolios
5. Mainstreaming of ESG best practice into RFHL’s sphere of
influence (using PRB, NZBA and the SDGs)

6. CONFIDENTIAL

7. REPUBLIC BANK CLIMATE FINANCE FUND
Financing for a Better Tomorrow
CONFIDENTIAL
US$200 MILLION

8. Private and Confidential
ESG Focused and SMART Based Approach to Fund Performance
S Specific goals with tangible outcomes
outcomes that identify resources
resources needed to achieve targets.
targets.
M Clear and measurable definition of
definition of success to evaluate
evaluate achievement and progress.
progress.
A Reasonable and attainable goals that
goals that reflect risk appetite and
appetite and potential barriers to
barriers to achieving targets.
targets.
R Identify relevance to the Group and
Group and its subsidiaries.
T Identify realistic target dates that
dates that motivates stakeholders to
stakeholders to apply focus and
and discipline in implementation.
implementation.

9. Summary of Fund Key Terms
Name: Republic Bank Climate Finance Fund (the“CFF”)
Amount: US$200Million
Currencies: BBD, KYD, XCD, GHS, GYD, ANG, SRG, TTD
Sustainable Development Goals:
DevelopmentGoals:
 ZeroHunger (SDG2)
 Affordable and CleanEnergy (SDG7)
 Climate Action (SDG13)
Geographic Focus: Anguilla, Barbados, British Virgin Islands, Cayman Islands, Dominica, Grenada, Ghana, Guyana, St.Kitts and Nevis, St.Lucia, St.Maarten, St.Vincent and theGrenadines, Suriname, Trinidad and Tobago
St.Maarten, St.Vincent and theGrenadines, Suriname, Trinidad and Tobago
EligibilityCriteria: 1. Renewable Energy (Solar, Wind, Geothermal, Hydro)
2. Energy Efficiency (LED Lighting, Sensors, Smart Meters)
3. Energy Resiliency (Energy Storage)
4. Sustainable Land Management (Agriculture, Forestry)
5. CleanFuelSubstitutions (Low Sulphur Diesel, Biogas, LPG, Ethanol, Natural Gas)
6. Waste Management (Recycling and Waste Management)
7. Water(Waterefficiency, WastewaterTreatment)
8. Manufacturing ofGreenProducts and Materials (Building Supplies, Clothes, Packaging)
9. Electric Vehicles
10. Eco-friendly Real Estateor Construction Designs
11. Environmental Protection (Pollution Control, Prevention,and Treatment)
12. Other (Any projects orservices thatmay fall outside of the above criteria subject toits alignment with climate change).
Single Limits: No single investment, country or sectorlimit. TheBank has the latitude to increase the sizeof theFund in accordance with financing activities.
financing activities.
Lenders: Republic Bank and any of our affiliated entities
Eligible Borrowers: Any commercial or corporate entity seeking financing aligned to climate finance underthe Eligible Criteria.
FacilityStructures: Working Capital, Overdraft, CreditRevolving Lines,Bridge Loans, Project Finance, Corporate TermLoans
Concessions: InterestRates,Fees,Equity Requirements,Term,Principal Moratorium
Technical Assistance: Eligible Borrowers will qualify toaccess technical services froma panel of subject matterexpertsin theabove focus areas under theFund.
under theFund.
Security Subject to negotiation
Covenants Standard and customary
EventsofDefault: Standard and customary
Reporting: Environmental, Social and Governance Reporting and Disclosure of GHG emissions
Laws: Governing Laws of any ofthe respective jurisdictions
CONFIDENTIAL

10. SUSTAINABLE AGRICULTURE
CREDIT FACILITY
CONFIDENTIAL

11. CARICOM Sustainable Agriculture Credit Facility
Borrowers: PublicandPrivate Sector
Lenders: RepublicBankGroup
Facility: Caricom SustainableAgricultureCreditFacility(the “CreditFacility”)
EligibleUse of Proceeds:
Proceeds:
Including, butnot limitedto:
1. Developmentof DefinedCrops
2. CapitalEquipmentforFarming
3. FeederRoadstoProvideAccesstoArableLands
4. BulkStorageforCrops
5. ProcessingPlants
6. ShadeHouseFarming
7. Agri-Processing
8. Reductionof GHG
Amount: UptoUS$100 Million
Geographic Focus:
Focus:
CARICOMMember States
Term: Five (5)years,inclusiveof principal/interestmoratoriumsdependingonlifecycle of crops/projects
Currencies: Local and/orUSD
Interest Rate: VariesbasedonBorrowerand/orProjectand/orCurrency
Security: VariesbasedonBorrowerand/orProject
Repayment: VariesbasedonBorrowerand/orProject
Technical Assistance:
Assistance:
RepublicBankto providegrant fundsto engageindependenttechnicalconsultantstoassistwith:
(a) MarketFeasibilityAssessment;and
(b) TechnicalProgram Designs
Covenants CustomizedbasedonProjects
Events of Default:
Default:
Standardandcustomary
Reporting: Including, butnot limitedto, ESG ReportingandDisclosureof GHG emissions
Laws: Governing Lawsof anyCARICOMMemberState CONFIDENTIAL

12. CONFIDENTIAL
Risk Management
and Data Driven
Investment
Opportunity and
Efficiency
Generation Using
Systems and Metrics
Reputational Value – The
First Regionally Domiciled
Bank to Formalize ESG
Unit and commit to
UNEPFI’s PRB and NZBA
Moral Compass,
Diversity, Equity and
Inclusion (DEI)
RFHLto BuildSDG Targetsas Part of ESG StrategyandDisclosures
RFHL has formalized a Group Sustainability Unit,
headed by a Senior Manager to develop, implement
and maintain the Group’s Sustainability Strategy. The
Group will eventually be disclosing our ESG
performance, inclusive of our SDG targets.

13. Government of Cayman Islands
December 2020
Credit Facility
US $403,000,000
Republic Bank acted as
Joint Lead Arranger
Government of Turks and Caicos
December 2020
Credit Facility
US $80,000,000
Republic Bank acted as Lead
Arranger
Government of Republic of
Trinidad & Tobago
October 2020
Fixed Rate Bonds
TTD 1,000,000,000
Republic Bank acted as Lead
Arranger & Bookrunner
Government of Republic of
Trinidad & Tobago
October 2020
Fixed Rate Bonds
TTD 600,000,000
Republic Bank acted as Lead
Arranger & Bookrunner
Government of Republic of
Trinidad & Tobago
April 2020
Fixed Rate Bonds
USD 102,392,000
Republic Bank acted as Joint
Arranger & Bookrunner
Government of Republic of
Suriname
December 2019
Reg S/144A Bonds
USD 125,000,000
Republic Bank acted as
Joint Arranger
Government of Republic of
Trinidad & Tobago
November 2018
Fixed Rate Bonds
TTD 640,000,000
Republic Bank acted as Lead
Arranger & Bookrunner
Government of Republic of
Trinidad & Tobago
May 2018
Fixed Rate Bonds
TTD 1,000,000,000
Republic Bank acted as Lead
Arranger & Bookrunner
Government of Cooperative
Republic of Guyana
May 2018
Fixed Rate Bonds
GYD 17,600,000,000
Republic Bank acted as Lead
Arranger & Bookrunner
Government of Republic of
Trinidad & Tobago
September 2017
Fixed Rate Bonds
TTD 1,000,000,000
Republic Bank acted as Lead
Arranger & Bookrunner
Government of Cooperative
Republic of Guyana
August 2017
Fixed Rate Bonds
USD 17,300,000
Republic Bank acted as Lead
Arranger & Bookrunner
Government of Republic of
Suriname
October 2016
Reg S/144A Bonds
USD 550,000,000
Republic Bank acted as
Joint Arranger
Government of Republic of
Suriname
April 2016
Reg 4(a)2 Notes
USD 86,000,000
Republic Bank acted as
Joint Arranger
Government of Republic of
Trinidad & Tobago
September 2014
Fixed Rate Bonds
TTD 2,500,000,000
Republic Bank acted as Lead
Arranger & Bookrunner
Government of Grenada
September 2010
Fixed Rate Loan
XCD 27,000,000
Republic Bank acted as
Lender
Government of Republic of
Trinidad & Tobago
October 2010
Fixed Rate Loan
USD 142,000,000
Republic Bank acted as Lead
Arranger & Bookrunner
Government of Barbados
June 2009
Revolving Loan
BBD 35,000,000
Republic Bank acted as
Lender
Government of Barbados
June 2009
Fixed Rate Bonds
BBD 165,000,000
Republic Bank acted as Lead
Arranger & Bookrunner
Corporate and Investment Banking Transaction Experience
CONFIDENTIAL
Recent Transactions