Erste Group Bank AG

Convocation for the Annual General Meeting

Shareholders' meeting according to article 107 section 3 AktG

Vienna (pta011/08.04.2015/09:30) - Erste Group Bank AG FN 33209 m Convocation for the Annual General Meeting

The Management Board of Erste Group Bank AG invites the shareholders (ISIN AT0000652011) of the Company to its

22nd Annual General Meeting

on Tuesday, 12 May 2015, 10.00 a.m. at the Austria Center Vienna, Saal A, Bruno Kreisky Platz 1, 1220 Vienna.

Agenda:

1. Presentation of the approved annual financial statements, the management report and the corporate governance report of the Management Board as well as the report of the Supervisory Board for the financial year 2014, and presentation of the group financial statements and the group management report for the financial year 2014.

2. Grant of discharge to the members of the Management Board with regard to the financial year 2014.

3. Grant of discharge to the members of the Supervisory Board with regard to the financial year 2014.

4. Resolution on the remuneration of the members of the Supervisory Board.

5. Elections to the Supervisory Board.

6. Appointment of an additional auditor and group auditor for the audit of the annual financial statements and the management report as well as the group financial statements and the group management report for the financial year 2016.

7. Approval of the acquisition of own shares for the purpose of securities trading.

8. Authorisation to acquire own shares for no designated purpose and to the exclusion of trading in own shares as purpose of this acquisition, and authorisation of the Management Board to dispose of acquired shares, also by means other than the stock exchange or a public offering, combined with the authorisation of the Management Board to exclude the shareholders' general right to tender and general subscription option, subject to the Supervisory Board's consent, as well as the authorisation of the Management Board to redeem own shares, likewise subject to the Supervisory Board's consent.

All time specifications cited in this convocation notice refer to the time valid in Vienna ("Vienna Time"). It either corresponds to "Central European Time (CET)" or to "Central European Summer Time (CEST)".

DOCUMENTS FOR THE GENERAL MEETING

The following documents will be accessible no later than on 21 April 2015 pursuant to § 108 para. 3 and 4 Stock Corporation Act (AktG) for inspection on the Internet site www.erstegroup.com/generalmeeting and will also be available in the general meeting: