#1HERE . FY 2021 EARNINGS CALL Metrobank You're in good hands #111 調査 www wwwwww TH wwwwww 111 11 1 B www.#2Metrobank You're in good hands FY 2021 Earnings Call FABIAN DEE President TOTO TANSINGCO Treasurer & Head, Financial Markets MYLENE CAPARAS Head, Institutional Banking MONJ DEL ROSARIO Head, Consumer Business RENE DE BORJA Controller MINDA OLONAN Investor Relations#33 MACROECONOMIC VIEW PRIVATE AND PROPRIETARY © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#44 2018 2019 2020 6.3 6.1 6.8 6-7 5.6 6.6 -9.6 2021 2022E 2023E Economic rebound being sustained 4Q19 1Q20 Economy picks up amid vaccinations and fewer cases -0.7 -17.0 -11.6 2Q20 -3.9 -8.3 Source: Philippine Statistics Agency Daily new confirmed COVID-19 cases easing once again Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Rolling 7-day average Sep 2021: 21,009 May 2020: Jan 2021: 571 1,692 Dec 2021: 839 الله Nov-20 Dec-20 Source: https://ourworldindata.org/ Jan-21 Feb-21 Mar-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 3Q21 4Q21 12.0 6.9 7.7 Thailand Singapore Local vaccination program continues to gain traction Share of people fully vaccinated against COVID-19, as of February 2022 Vietnam 79.2% Malaysia 78.6% Philippines 56.8% Jan 2022: 34,443 New cases spiked to record highs in January 2022 due to Omicron. World 54.8% Feb 2022: 3,020 In February, cases are starting to steadily decline. Indonesia 51.2% © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Source: https://ourworldindata.org/; Philippine News Agency 74.1% 84.6% Metrobank You're in good hands PRIVATE AND PROPRIETARY#55 сл 2016 2017 2018 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 Notes: No confidence index data in 2Q20 due to ECQ Average capacity utilization in the Industry and Construction sectors, as reported in BSP's Business Expectations Survey Overall expectations steadily improving. Unemployment level still elevated More optimistic expectations Capacity utilization still low Next 3 months 17.6% Business -Consumer 75.1 74.9 56.1 52.0 52.8 42.3 42.8 70.1 47.6 37.4 69.6 69.8 10.0% 31.4 40.3 67.9 8.9% 7.7% 16.8 31.9 66.2 8.7% 15.8 5.4% 5.3% 5.2% 10.7 9.2 9.3 4.6% 7.1% 6.6% 15.7 4.3 1.3 2.7 5.7% 5.3% 5.4% 9.7 5.3% 1Q19 2Q19 3Q19 4Q19 1Q20 -2.2 -4.1 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands 4Q19 70.6 PRIVATE AND PROPRIETARY#660 Monetary policy still accommodative in the near term Inflation rate eases as food and utility prices normalize Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 5.50 3.0% 5.00 FY21 avg: 3.9% 4.50 FY20 avg: 2.4% 4.00 Policy rate steady at record-low level 4.75% 4.50% 4.00% 4.00% 4.00% 3.50% 3.50 3.00 2.50 2.00 1.50 Steepening yield curve -YE 2019 YE 2020 PRIVATE AND PROPRIETARY -YE 2021 ...... FEB 2022 1.00 3.00% 2.00% 2.00% 2.00% 0.50 1M 3M 6M 1Y 2Y 3Y 4Y 5Y 7Y 10Y 20Y 25Y 2017 2018 2019 2020 2021 Jan-22 2013 2014 2015 2016 Source: BSP, PDS PHP BVAL Reference Rates Movement (in bps) YOY MOM 1M -25 3 3M -14 10 6M -2 3 1Y -2 9 2Y 58 17 3Y 100 27 4Y 137 34 5Y 162 37 7Y 169 38 10Y 148 44 20Y 108 54 25Y 123 54 © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#7Total Debt (in PHP Trillions) Rising National Government Debt Domestic Debt External Debt -Debt-to-GDP ―% External 50% 49% 49% 47% 43% 43% 40% 40% 40% 40% 62% 60% 55% 42% 42% 36% 34% 35% 35% 34% 33% 33% 34% 32% 30% 30% 13 12 10 4 7 8 7 3 5 60 6 6 6 5 5 3 3 2 2 2 2 2 2 9 8 2 2 7 3 3 3 4 4 4 4 4 5 5 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022F Source: Department of Budget and Management; Bureau of Treasury; Metrobank TBG estimate Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 7 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. % Debt-to-GDP; % External Metrobank You're in good hands PRIVATE AND PROPRIETARY#8Metrobank Economic Research Forecasts As of February 2022 2020A 2021A 2022F 2023F GDP -9.6% 5.6% 6.8% 6-7% Inflation 2.4% 4.5% 3.4% 3-4% BSP RRP rate 2.0% 2.0% 2.5% 3.0% USDPHP Trend 48.0 50.8 52.1 53.4 DISCLAIMER INFORMATION The report above is circulated for general information only. The opinions expressed are solely those of the contributors and are based on prevailing market conditions and public sources that are believed to be reliable. Metrobank and the report contributors/support staff do not make any guarantees or representation as to the accuracy, completeness or suitability of this report. The report may contain confidential or legally privileged material and may not be copied, redistributed, or published without prior written consent. Opinions or strategies contained in this publication may change without prior notice and should not take the place of professional investment advice or sound judgment on the part of the reader. © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 8 GDP Forecasts DBCC* 7.0% - 9.0% N/A ADB 5.5% N/A WB 5.9% 5.7% Moody's 6.5% N/A Fitch 6.5% N/A IMF 6.3% "close to 7%" S&P 7.4% N/A *Development Budget Coordination Committee - formulates the National Government's fiscal program; composed of the Office of the President, DBM, NEDA, and DOF. The BSP attends the Committee meetings as a resource agency. This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. PRIVATE AND PROPRIETARY Metrobank You're in good hands#9Banking Industry: Loan recovery amid improving NPLs Recovery in loan growth continues, asset quality improves PRIVATE AND PROPRIETARY Deposit growth sustained amid ample market liquidity Loan growth 20% 16% 17% 19% 14% 16% 11% -0.7% Deposit growth CASA growth 31% 34% 5% 3% 12% 13% 16% 18% 15% 15% 14% 12% 10% 8% 8% 12% 14% 8% 12% 9% 9% 10% 8% 8% 9% 9% -2% -4% 2013 2014 2015 2016 2017 2018 2019 2020 1Q21 1H21 9M21 2021 2013 2014 2015 2016 2017 2018 2019 2020 1Q21 1H21 9M21 2021 -O-NPL cover Asset quality --NPL ratio Estimated excess liquidity (Php) * Max: May 2021 2.4tn tn 144% 142% 141% 145% 150% 4.0% 4.0% 131% 3.7% 3.6% 109% 3.1% Average: 1.1 tn wwww Current: 2.2 tn 104% 90% 88% 89% 93% 2.1% 1.8% 1.6% 1.4% 1.2% 1.3% 1.6% 2013 2014 2015 2016 2017 2018 2019 2020 1Q21 1H21 9M21 2021 Source: BSP Universal and Commercial Bank (UKB) data Min: May 2019 131 bn Sep-17 Jan-18 May-18 Sep-18 Jan-19 May-19 Sep-19 Jan-20 May-20 Sep-20 *Note: Excess Liquidity = Reverse Repurchase Facility + ODF + TDF + BSP Bills - © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 9 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Jan-21 May-21 Sep-21 Jan-22 - Rediscounting - OLF Metrobank You're in good hands#1010 FINANCIAL PERFORMANCE FY 2021 PRIVATE AND PROPRIETARY © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#11Strong income rebound in 2021 amid lower provisions Trading & FX gains Net Interest Income Fees and Other Non-Interest Income Operating expenses Provisions for credit losses Taxes and NCI PRIVATE AND PROPRIETARY YOY YOY 28.1 13.8 22.2 +60% 6.5 6.1 3.0 1.9 2.8 7.8 3.9 4.4 6.0 +117% 23.1 86.1 21.4 77.0 75.0 -13% 20.8 21.4 19.0 20.2 18.5 18.8 18.7 -8% 3.3 16.6 20.7 21.1 +27% 11.7 4.6 5.1 19.2 5.1 4.8 9.3 4.7 5.3 -72% 1.1 1.4 14 3.9 2.9 4.9 5.9 +49% 1.2 5.3 1.0 -29% -57.9 -60.1 -59.5 -1% -15.0 -14.5 -15.1 -14.4 -16.2 -14.7 -14.7 -15.1 -15.0 -7% -10.1 -11.8 -71% -2.3 25 -5.0 -4.5 -3.0 1.8 -66% -10.9 -40.8 -8.0 +11% -3.1 -12.6 5.4 -2.0 -1.2 -17.7 -1.4 -1.9 -2.7 +124% 1.8 -7.2 2019 2020 2021 © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 11 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#12Pbn Net interest income steady as NIM stabilizes Weak net interest income driven by lower asset yields ■ Interest Income ■Interest expense 77.0 86.1 75.0 Pbn Margins starting to stabilize NII -Quarterly NIM PRIVATE AND PROPRIETARY • Lower lending rates; credit card rate cap 3.7% 3.5% 3.4% 3.4% 3.4% • Decline in loan balances Shorter duration of investment securities 20.2 -8% YoY 19.0 116.2 18.5 18.8 18.7 107.8 -1% QoQ 87.2 -19% YoY -12.1 -21.7 -44% YoY -39.2 Lower rates and robust CASA growth driving funding cost decline 4Q20 1Q21 2Q21 3Q21 4Q21 2019 2020 2021 © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 12 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#13Loan demand recovering, driven by corporate sector PRIVATE AND PROPRIETARY Pbn Commercial demand drives loan recovery ■ Consumer ■Commercial Excess client funds still parked in CASA ■MBT Gross Loans growth ■MBT CASA growth GDP -8% -4% +12% +7% +8% 1,297 1,279 -1% YoY +5% QoQ 1,207 1,210 1,220 22% 16% 13% 13% 12% 995 +2% YOY 920 933 950 1,011 +6% QoQ 303 286 276 270 269 -11% YoY -0.5% QoQ -13% 4Q20 1Q21 2Q21 3Q21 4Q21 Note: Gross of Unearned Interest and Discount (UID) -1% -4% -11% -17% 4Q20 1Q21 2Q21 3Q21 4Q21 © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 13 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#14Pbn Notes: Corporate segment driving loan demand Corporate and middle market sustains recovery ■ SME ■ Corporate & Middle Market PRIVATE AND PROPRIETARY Significant rebound in short-term loans Long Term (More than 1 Year) ■Short Term (Up to 1 Year) 995 1,011 920 933 950 +2% YoY +6% QoQ 22% 23% 25% 31% 32% +7% YoY +38% QoQ 875 897 +3% YoY 807 822 833 +8% QoQ 78% 77% 75% 69% 68% +0.2% YoY -4% QoQ 119 114 111 117 114 -5% YoY -3% QoQ 4Q20 1Q21 2Q21 3Q21 4Q21 4Q20 1Q21 2Q21 3Q21 4Q21 BSP defines SMEs as enterprises with assets worth up to P100 mn SME book restated to better reflect the nature of the loans Note: MBT parent commercial loans data © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 14 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#15CASA to loans ratio still higher than pre-pandemic levels Parent Corporate and Commercial CASA to Loans ratio Parent CASA to Loans ratio, selected industries 109% 107% 110% 93% Commercial/SME 104% 88% CASA +14% YoY 99% 86% 84% 78% 76% 57% 71% 67% 69% 70% 47% 49% 49% 51% 52% Total Corporate & Commercial 61% CASA +12% YoY 56% 36% 1Q20 4Q20 1Q21 2Q21 3Q21 4Q21 Note: Industry is based on Metrobank's internal classification 1Q20 4Q20 1Q21 2Q21 3Q21 4Q21 PRIVATE AND PROPRIETARY Wholesale and Retail Trade CASA +6% YoY Manufacturing CASA +16% YoY © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 15 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#16Pbn Soft retail demand, still cautious on big ticket spending Consumer Loans Breakdown Others ■ Auto ■ Housing ■Credit Card Consumer Loans By Product PRIVATE AND PROPRIETARY 303 286 276 270 269 -11% YoY -0.5% QoQ 31% 30% 31% 32% 34% 93 87 86 98 87 92 92 -1% YoY +5% QoQ 35% 36% 36% 36% 36% 106 103 101 -8% YoY 98 98 -1% QoQ 100 92 86 98 4Q20 1Q21 2Q21 33% 32% 31% 30% 28% 80 00 76 -24% YoY -5% QoQ 3Q21 4Q21 4Q20 1Q21 2Q21 3Q21 4Q21 Note: Gross of Unearned Interest and Discount (UID) Credit card receivables net of UID amounted to P82.1bn, +0.5% YoY Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 16 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#17Pbn Healthy CASA growth maintained Robust CASA growth; lower high-cost TDs TDS CASA CASA ratio remains elevated CASA TDs PRIVATE AND PROPRIETARY 1,930 +7% YoY 27% 25% 26% 25% 24% 1,797 1,817 1,851 +4% QoQ 1,738 73% 75% 74% 75% 76% 4Q20 1Q21 1,463 1,311 1,342 1,387 +12% YoY +5% QoQ 1,307 Pbn -4% YoY 486 431 475 464 468 +1% QoQ 4Q20 1Q21 2Q21 3Q21 4Q21 © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 17 2Q21 3Q21 4Q21 CASA Deposits per Branch 1.5 1.4 1.4 1.4 90000 4Q20 1Q21 2Q21 3Q21 4Q21 No. of Branches 956 955 956 951 951 % Countryside 55% 55% 55% 55% 55% This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#1818 Net interest margin staying steady Asset yields and funding costs stabilizing -Quarterly NIM Funding cost Asset yield Deposit cost -Loan yield Steady yields across loan segments 20.3% 19.5% 18.9% 繼 € Credit Cards PRIVATE AND PROPRIETARY 6.9% 6.4% 6.5% 6.0% 5.7% 5.8% 5.7% 5.5% 5.2% 13.4% 13.7% 13.4% 5.0% 12.8% 4.6% 11.8% 4.2% 3.9% 3.7% 3.7% 3.8% 4.4% Auto 8.7% 9.2% 9.2% 9.1% 9.1% 9.0% 8.9% 8.9% 4.1% 4.1% 3.7% 3.5% 3.4% 3.4% 3.4% Home 1.5% 1.3% 0.9% 0.7% 0.6% 0.6% 0.6% 0.5% Nito 1.0% 0.8% Corporate & Commercial 7.2% 7.1% 7.1% 4.8% 4.9% 4.5% 4.3% 4.0% 4.0% 4.0% 3.8% 7.8% 7.7% 7.1% 7.2% 7.2% 0.5% 0.4% 0.3% 0.3% 0.3% 0.3% 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 Notes: • NIM = Net Interest Income / Ave. Interest Earning Assets • Asset Yield = Annualized Gross Interest Income / Ave. Interest Earning Assets Notes: • Gross yield on loans net of Unearned Interest and Discount (UID) • Credit card rate cap took effect on Nov 2020, to be reviewed every 6 months • Loan Yield = Annualized Gross Interest Income from Loans / Ave. Net Loans • Funding Cost = Annualized Gross Interest Expense / Ave. Interest Bearing Liabilities Deposit Cost = Annualized Gross Deposit Expense / Ave. Deposits Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#1919 Healthy fee income easing impact of lower trading gains Non-Interest Income Breakdown Fee-based income re PRIVATE AND PROPRIETARY Pbn Pbn ■ Others Leasing ■ Service Fees & Trust Trading & FX gains 35.8 YOY ■ Fee income ■Trust income YOY 15.1 +15% +15% 13.1 1.7 1.4 YOY 4.1 +24% 3.8 3.3 3.5 3.7 0.4 +19% 0.4 0.4 0.3 0.4 26.4 -26% 13.4 +15% +25% 19.2 YOY 11.7 5.3 3.0 3.3 3.7 3.1 3.3 -72% 7.9 6.9 +29% 6.1 2.9 5.3 5.5 1.0 -29% 2020 2021 4Q20 1Q21 2Q21 3Q21 4Q21 +15% 1.2 15.1 1.4 Fee income breakdown 13.1 4.1 +24% 3.8 3.5 3.7 3.3 1.9 0.5 2.0 0.5 0.5 0.5 3.7 1.5 0.5 0.9 1.0 1.2 0.7 0.2 2020 2021 4Q20 1Q21 2Q21 3Q21 4Q21 2020 ■ Consumer ■ Branch ■ Corporate ■IB / Treasury ■ Others 2021 43% 25% 7% 5% 20% 43% 26% 7% 5% 18% Note: Others include Dividend income, Gain on recognition of investment properties, Recovery on charged-off assets, IT and other fees Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation Note: Fee income includes credit card fees, trade and loan-related, fees from ATM or e-channel usage, remittance, deposit-related, product referral, etc This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#20Costs kept under control Operating Expenses Breakdown Pbn ■ Others Depreciation ■ Manpower ■ Occupancy & equipment ■ Taxes & licenses 20 20 YOY 60.1 59.5 -1% 24.9 +2% 25.3 YOY 16.2 -7% 14.7 14.7 15.1 15.0 -20% 9.9 7.9 6.3 -2% 4.9 6.4 6.4 6.3 6.3 6.2 2.1 1.9 2.1 -12% 0.6 13 2.1 1.8 2.1 1.2 13 18.4 17.9 0.5 0.5 1.3 12 1.9 2.6 96 0.5 5.9 4.5 4.7 4.9 3.8 2020 2021 4Q20 1Q21 2Q21 3Q21 4Q21 Note: Others include Insurance, Security, messengerial and janitorial services, Management, professional and supervision fees, Information technology, Advertising Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation Cost-To-Income Ratio PRIVATE AND PROPRIETARY 59.0% 59.0% 57.2% 54.6% 54.6% 49.6% 2019 2020 1Q21 1H21 9M21 Note: Operating income does not include MBT's share in net income of investees This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. 2021 Metrobank You're in good hands#2121 Pbn Stable NPLs and ample reserves give room to lower provisions. Est. Credit Cost (bps) 70 Easing credit costs 293 Cumulative Total Allowance 20 10 2019 92 Provisions for Credit 50 48 41 2020 12 2021 Note: Estimated credit cost = Annualized Provisions for Credit/Ave. Gross Loans & Receivables 103% 2019 Hefty provision cover 175% 163% 2020 2021 PRIVATE AND PROPRIETARY Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#22Pbn Asset quality much better than industry NPL and Past Due loans continue to taper off 29 29 19 2019 □ Past Due ■ NPL PRIVATE AND PROPRIETARY NPL and Past Due ratios much lower than industry Past Due ratio -Industry Past Due 4.5% 4.7% 2.7% 3.0% 2.8% 39 1.9% 36 2019 2020 2021 31 27 NPL ratio Industry NPL ratio 4.0% 3.6% 2.0% 2020 2021 2.4% 2.2% 1.3% 2019 2020 2021 Note: Gross loans net of Unearned Interest and Discount (UID) Industry Data refers to Philippine Banking Sector data from the BSP Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 22 22 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#2323 23 Asset quality still much better than industry Stable restructured loans ratio, but still sub 1% -Ratio to Gross Loans Industry Restructured Loans Ratio 3.1% 1.9% 0.4% 0.8% 0.2% 0.4% Pbn PRIVATE AND PROPRIETARY Combined NPLs/Restructured still below Industry NPL Ratio Industry NPL Ratio -Combined NPL + Restructured Loans as Ratio to Gross Loans 2.0% 9.6 4.6 2.4 1.3% 2019 2020 Note: Gross loans net of Unearned Interest and Discount (UID) Industry Data refers to Philippine Banking Sector data from the BSP 2021 4.0% 3.6% 2.6% 2.7% 2019 2020 2021 Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#2424 Pbn 1.0% 11 2019 Asset quality management across loan segments Commercial NPL ratio stays subdued INPLs -NPL ratio ...as well as consumer NPL ratio -NPL ratio Industry Consumer NPL ratio 9.3% * 9.9%* 1.6% 1.6% 4.1% 5.3% 4.2% 17 15 2.3% 2020 2021 Note: NPL Ratios computed using Net of Unearned Interest and Discount (UID) *Industry Data refers to Philippine Banking Sector data from the BSP, Latest as of 9M 2021 Pbn 15 11 8 2019 2020 2021 PRIVATE AND PROPRIETARY Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#25Pbn Consumer NPLs well below industry levels Auto INPLS-NPL ratio Industry 12.7% * 10.7% Home INPLS-NPL ratio Industry * 9.6% 9.2% PRIVATE AND PROPRIETARY Credit Cards INPLS-NPL ratio Industry 8.9% 8.0%* * 5.8% 5.2% 5.3% 3.1% 5.1% 6.5% 4.0% 3.5% 2.5% 2.1% 5.8 1.7% 1.4% 5.0 5.3 3.5 3.9 3.7 2.4 Pbn Pbn 1.5 1.1 2019 2020 2021 Note: NPL Ratios computed using Net of Unearned Interest and Discount (UID) Industry Data refers to Philippine Banking Sector data from the BSP, Latest as of 9M 2021 2019 2020 2021 2019 2020 2021 © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 25 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#26Pbn Other asset quality indicators remain stable Real and other properties acquired (ROPA) ROPA -Ratio to Gross Loans Pbn Non-Performing Assets (NPA) INPA --NPA Ratio 0.8% 0.8% 1.7% 0.7% 1.5% 1.2% 10 10 41 10 37 30 2019 2020 2021 2019 2020 2021 PRIVATE AND PROPRIETARY © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 26 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#27PRIVATE AND PROPRIETARY Strong balance sheet, healthy capital levels provide ample support Capital Ratios significantly above minimum thresholds Formidable Basel III Leverage Ratio, Liquidity Coverage Ratio Min. CAR 10.0% 27 27 ■LCR 327% 303% 10.9% 11.4% 11.0% 245% CAR CET-1 ■BLR 20.2% 20.1% 19.3% 19.3% 17.5% 16.2% Min. CET1 11.0% 2019 2020 2021 2019 2020 2021 2019 2020 2021 2019 2020 2021 Min. BLR 5% Min. LCR 100% © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#28Dividend Declaration in 2022 PRIVATE AND PROPRIETARY 1. Tempered near-term growth prospects Modest loan demand in 2022, with pre-pandemic double-digit growth possible by year 2023 onwards 2. Strong NPL risk buffers already in place NPL cover remains high at 175% in 2021, a sizeable buffer vs. risk of rising NPLs 3. Medium term prospects support higher internal capital generation Better profitability support rise in regular dividends. 4. Post-special dividend, CET1 Ratio is still high at 18.4% Well clear of 11.0% CET1 Ratio minimum; and higher than peers High CET1 ratio allows for robust expansion as economy rebounds 5. Lift to ROE Regular Cash Dividends per share Special Cash Dividends per share Record Date (1st payout) Key information • Php1.60 • • Semi-annual payout Php1.40 To be paid out in the 1st semester • 17 March 2022 Payment Date (1st payout) • 31 March 2022 • Higher payout supportive of ROE recovery © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 28 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#292022 Outlook - Positives and Challenges Ahead + • • Sustained pick-up in loans as economy recovers NIM recovery on prospects of rising benchmark rates/yields higher NIMS Continued recovery in fee income from higher transaction volumes and cross-selling initiatives Cost management to sustain single-digit Opex growth on continued efforts to improve efficiencies Delay in economic recovery due to threat of new lockdowns and global market developments could stall loan recovery. • Potential rating downgrade from credit rating agencies • Impending change in Administration may delay government infrastructure spending/ pandemic response/key legislative agenda. . Flexibility to trim credit costs should NPL formation continue to remain manageable • Rising yields to cap trading income Strong capital and liquidity position support initiatives to take advantage of market opportunities PRIVATE AND PROPRIETARY © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 29 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#3030 DIGITAL INITIATIVES FY 2021 PRIVATE AND PROPRIETARY © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#31Metrobank digital transformation Digital and data will radically transform the way the bank will operate: 1 Customer experience excellence 2 Operational efficiency 3 Consumer business growth 4 Real-time controls 5 High-touch financial advisory and education Outcomes: 3-5 percentage points improvement in operating efficiency 30% branch capacity refocus to HNWI and corporate PRIVATE AND PROPRIETARY MB Online MB Mobile App Meaningful Banking Metrobank Shortcuts Pay Bills Deposits John's Savings 520PM Metrobank Customize Send Money Recent Transactions B Send Load AVAILABLE BALANCE PHP 25,000.00 Dashboard Send Money Senad Load M © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 31 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#32Best in class servicing and engagement ■ Drive customer financial wellness via customized data-driven insights and advisory ☐ Segment-specific Transactions, servicing, acquisition Financial advisory, Insights MASS HPR Digital-first HNWI RM/BM Assisted by digital INSTITUTIONAL RM/BM Assisted by digital 器 الأمم للمم Mobile-first digital Branch Self-service Digital ecosystems RM/BM Branch Digital RM/BM Branch Digital Hotline Hotline RM/BM Branch RM/BM Digital Mobile-first digital PRIVATE AND PROPRIETARY © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 32 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#33PRIVATE AND PROPRIETARY Digital Transformation to Drive Business Transformation Building Blocks 2019-2023 Empowerment Enabling self-service, branch offload Engagement and Education Deeper engagement with existing customers, expanding into new markets, educating the market on finances Systems Upgrade (core banking, secured lending, ATM switch, trade and trust) NextGen IT Infra (APIs/reusable services & platforms, monitoring tools, internal cloud, capacity expansion) Enhanced security (MFA, biometrics, limits engine, fraud detection system, risk-based authentication) Business Process Reengineering (Application STP, RPA, branch of Tomorrow) Data & Insights (Business empowerment, offer personalization, fraud detection, AML monitoring) Single customer view and Segmentation CRM (Salesforce, Pega, personalization) People Upskilling & Enablement (Design thinking, agile org, KPI realignment, targeted talent acquisition). AVAILABLE TODAY Personal 1. MB Online 2. Mobile app 3. Earnest 4. MIA (Chatbot) 5. MSOA Affluent Wealth Manager Corporate MBOS FUTURE BUILDS 1. New and improved mobile app 2. Enhanced services for wealth 3. Cards application STP 4. Housing and auto loans digital application flows 5. Retail payments solutions 6. Digital self-service at the branches 7. Insurance STP, appointment setting © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 33 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#3434 Digital metrics on retail clients Metrobank PRIVATE AND PROPRIETARY .26% Digital users among retail clients as of FY 2021 2021 88% 12% vs 24% in FY 2020 2020 85% 15% 92% +46% YoY +50% YoY Active users Transaction among enrolled retail count Transaction amount 2019 82% 18% as of FY 2021 Poised to grow further with a new mobile app launch in 2022 +65% mobile app downloads 4Q 2021 vs. 4Q 2020 % E-Channels to Total financial transactions ATM Note: Refined tracking to both incoming and outgoing e-channel transactions © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#3535 PRIVATE AND PROPRIETARY SUMMARY Metrobank sustained strong earnings growth in 2021. Proactive NPL management has enabled the Bank to lower provisions. We will continue with our prudent risk management strategy even as asset quality continues to improve. The Bank saw healthy growth in fees and other income, while operating expense was controlled. The pick-up in loan demand and stabilizing margins bode well for NII recovery. Our digitization efforts are at the forefront of our medium term initiatives to attain best in class client service and engagement in an efficient manner. High capital ratios ensure substantial buffers for potential risks and puts Metrobank in a strong position to seek opportunities and support client needs as the economy recovers. We will continue to monitor economic conditions and implement strategies that will balance growth and improve returns on a sustainable basis. © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#36Financial Summary PRIVATE AND PROPRIETARY In PHP billion Balance Sheet FY 2020 FY 2021 YOY Income Statement FY 2020 FY 2021 YOY Total Assets 2,455 2,503 +2% Net Interest Income 86.1 75.0 -13% Loans and Receivables, Gross 1,297 1,279 -1% Total Deposits 1,797 1,930 +7% Non Interest Income 35.8 26.4 -26% CASA 1,311 1,463 +12% Operating Income 121.9 101.4 -17% Equity 324 319 -2% Operating Expenses 60.1 59.5 -1% Financial Ratios FY 2020 FY 2021 YOY NIM 3.98% 3.39% -0.6 ppt PPOP 61.8 42.0 -32% CIR 49% 59% +9.3 ppts NPL Ratio 2.4% 2.2% -0.3 ppt Provision for Credit 40.8 11.8 -71% NPL Cover 163.0% 174.7% +11.7 ppts Provision for Taxes 7.0 7.8 +10% CAR 20.2% 20.1% -0.0 ppts CET-1 19.3% 19.3% +0.0 ppts Net Income 13.8 22.2 60% Gross LDR 72.2% 66.3% -5.9 ppts © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 36 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#3737 40 Additional Information © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands PRIVATE AND PROPRIETARY#3838 PRIVATE AND PROPRIETARY Overview 59 Metropolitan Bank & Trust Company (Metrobank) YEARS OF MULTI-AWARDED SERVICE EXCELLENCE Founded in 1962 by a group of Filipino-Chinese businessmen led by Dr. George S. K. Ty Listed in 1981 on the Philippine Stock Exchange DIVERSIFIED FINANCIAL CONGLOMERATE FIRST METRO INVESTMENT CORPORATION Metrobank Group AXA PSBank PHILIPPINE SAVINGS RANK Metrobank Group MBT PM | MBT.PS Ticker ORIX ORIX METRO Leasing Finance Corporation The Strength to Lead Financial Data (PHP bn) 2021 Total Assets 2,503 TRADING INFORMATION Loans and Receivables, Gross 1,279 Total Deposits 1,930 CASA 1,463 Equity 319 CAR 20.1% As of 24 February 2022 CET-1 19.3% USD 5.2 Bn Market cap USD 4.7 Mn 3M Avg Daily Value TO 20.6% Foreign Ownership 48.2% Public Float BIG 3 BANK WITH LEADING MARKET POSITION STRATEGIC PRESENCE AND COVERAGE DOMESTIC #2 #2 #3 #3 951 branches 55% outside NCR 2,316 ATMs Auto Loans Credit Card Mortgage Trust Receivables OVERSEAS Loans AUM 30+ branches, subsidiaries, offices 140+ remittance tie-ups 150+ remittance agents Aligned with the Philippine sovereign rating INVESTMENT GRADE CREDIT RATINGS MOODY'S Baa2 Stable Fitch Ratings BBB- Negative BEST BOND BANK IN THE PHILIPPINES PDS Best Securities House (Bank) 2014 to 2021 2021 LARGEST TRADER PHP Fixed Income Securities 32.0% market share in trading volume 44.2% market share in number of trades © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#39Ownership and Investment Information. CORPORATE STRUCTURE MARKET DATA Ticker: GTCAP PM/GTCAP.PS Market cap: USD2.4 Bn GT CAPITAL HOLDINGS INCORPORATED 37.2% Trading information Ty Family Ticker (Bloomberg | Reuters) & Other Related Free float Par value (PHP) Parties Outstanding shares 14.6% 48.2% PRIVATE AND PROPRIETARY MBT PM | MBT.PS 20.00 4,497,415,555 Investment Banking* 99.3% FIRST METRO INVESTMENT CORPORATION Metrobank Group Metrobank You're in good hands Savings Bank* 88.4% PSBank PHILIPPINE SAVINGS BANK Metrobank Group Stock price as of 24 February 2022 52-Week Range (Low | High) Market cap (USD Mn) 3-Month Avg Daily Trading Value (USD Mn) 3-Month Avg Daily Trading Volume (Mn) 59.50 58.70 | 60.85 5,219 4.71 4.32 Leasing* Public Float 59.9% 48.2% Foreign Ownership 20.6% ORIX ORIX METRO Lessing and Finance Corporation 2019 2020 2021 General & Life Insurance* 28.0% AXA Ticker: PSB PM/PSB.PS Market cap: USD0.5 Bn BVPS (PHP) 68.84 72.10 70.84 Effective Ownership EPS (PHP) 6.24 3.08 4.93 Trailing P/BV (x) 1.0 0.7 0.8 Based on EOP Trailing P/E (x) 10.6 15.9 11.3 share price DPS (PHP) 1.00 1.00 4.00 *Note: Domestic subsidiaries only © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 39 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#4010 40 Extensive Domestic and Overseas Coverage Domestic Branch and ATM Networks 17,000+ employee base Overseas Network Coverage 950+ branches 2,300+ ATMs 30+ Branches, subsidiaries, offices PRIVATE AND PROPRIETARY 140+ Remittance tie-ups 150+ Remittance agents © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#41Recent Awards and Recognition Strongest Bank in the Philippines 2021 THE ASIAN BANKER Best Domestic Bank in the Philippines 2021 ASIAMONEY Best Securities House Bank Category 2014 - 2021 PDS Group The Complete Capital Market Infrastructure Metrobank Foundation Exp Corporate Governance Award 1 Gold, 2 Silver Anvils 2018-2020 ICD Institute of Corporate Directors 2021 th ANVIL AWARDS Metrobank Foundation Top GSED Market Maker 2021 1897 TREASURY PRIVATE AND PROPRIETARY Best Local Currency Bond Individuals #1 in Trading, #2 & #3 in Sales, #4 in Research 2021 BENCHMAKE THE ASSEL RESEARCH 8th Best Workplace to Grow Your Career - Philippines 2021 Linked in FIRST METRO INVESTMENT CORPORATION Metrobank Group First Metro Securities Brokerage Corporation Metrobank Group First Metro Securities Brokerage Corporation Metrobank Group Top Division, 4 Excellence, 2 Merit Awards 2021 PHILIPPINE UILL AWARDS Best Sovereign Bond Deal of the Year 2021 α Alpha Southeast Asia Best Online Broker; Best Online Trading Platform 2021 INTERNATIONAL FINANCE Best Brokerage House; Most Innovative Online Trading Platform THE 2021 GLOBAL ECONOMICS © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 41 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#4242 10 12 RESPONSIBLE CONSUMPTION AND PRODUCTION 2020 Sustainability Measures. 11 SUSTAINABLE CITIES 9% AND COMMUNITIES 13% REDUCED INEQUALITIES 2 ZERO HUNGER 18% Php606.9Bn Estimated Contribution of Outstanding Loans to UN SDGs 9 INDUSTRY, INNOVATION AND INFRASTRUCTURE 24% Source: 2020 Sustainability Report 555 3 GOOD HEALTH AND WELL-BEING W 6 14% 7 CLEAN WATER AND SANITATION T AFFORDABLE AND CLEAN ENERGY 20% DECENT WORK AND ECONOMIC GROWTH M Reduce environmental impact Support social causes Improve our governance standards PRIVATE AND PROPRIETARY Sustainability Commitment © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#4343 PRIVATE AND PROPRIETARY Sustainability: Our Progress In 2021 At Metrobank, sustainability is tied to its founding mandate to help in nation-building. We are committed to support the national development agenda and contribute in addressing the foremost challenges and opportunities of the Philippines as a developing country. Formalizing the governance structure The Board, through the Executive Committee, does the oversight and Senior Management executes the sustainability framework. The dedicated Sustainability Department, together with the Technical Working Group collaborate to embed sustainability principles into the Bank's business practices. Promoting the sustainability culture Defined the Bank's Sustainability Framework and Focus Areas Launched internal sustainability awareness campaign Assessment and enhancement of existing policies to integrate sustainability practices Expanding our coverage As part of the baselining exercise, there has been significant progress to broaden the scope of the environmental data monitoring to include: • Corporate Centers - fuel, power, and water consumption, and waste generated • Domestic Branches - power and water consumption Preparations are underway to disclose Scope 1 and 2 GHG emissions Improving our disclosures The 2021 Sustainability Report will be the Bank's first stand-alone report to emphasize its commitment and focus to the sustainability agenda. The 2021 Sustainability Report and the dedicated sustainability section in the brand website will be published by April 2022. Contact Information For comments and queries: Sustainability Department [email protected] © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#44Unissued 2021 28.0 Php100 19.0 2020 Billion Bond 10.5 Programme 2019 2018 42.5 Debt Issuances 0.5 USD2 Billion Medium-Term Note Programme 1.5 Bond Issuance Php19.0 billion 5.25Y Peso Notes Listed June 2021 1.9x oversubscribed 3.60% interest rate, 35bps above benchmark rate PRIVATE AND PROPRIETARY © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 44 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#4545 PRIVATE AND PROPRIETARY Outstanding Debt Issuances & Investment Grade Credit Ratings Debt Issuance Details Debt Maturity Profile (PHP Bn) 28.00 Issue Coupon Maturity Amount Туре Date Rate Date (PHP Bn) 2021 Nov-14 4.250% Nov-21 6.25 PHP Bond LTNCD QOYM Sep-16 3.500% Sep-23 8.65 2022 17.50 Jul-17 3.875% Jul-24 3.75 Oct-18 5.375% Apr-24 8.68 2023 22.40 Apr-19 6.300% Apr-22 17.50 2024 12.43 Jul-19 5.500% Jul-21 11.25 Oct-19 4.500% Apr-23 13.75 2025 Jun-20 3.000% Sep-21 10.50 Jun-21 3.600% Sep-26 19.00 2026 MTN Jul-20 2.125% Jan-26 USD500Mn* * Assuming USDPHP 50.00; Includes only MBT Parent Bank issuances Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 44.00 MOODY'S Baa2 Stable Dec-21 Highly correlated with sovereign rating as exposures are largely domestic Robust capitalization, with a proven history of support from shareholders Strong funding and liquidity, supported by a leading domestic franchise Fitch Ratings BBB- Negative Jan-22 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. High systemic importance; Outlook reflects the government's weakening ability to support banks Loan quality is better than the industry, with more conservative credit standards Likely to maintain superior capital buffers relative to peers; Funding and liquidity profile is healthy Metrobank You're in good hands#46Loan Portfolio Breakdown MBT Loan Portfolio By Industry 14% 13% 13% 13% 13% 13% 13% 12% 13% 13% Philippine Banks Loan Portfolio By Industry PRIVATE AND PROPRIETARY 12% 12% 12% 12% 12% 11% 11% 11% 11% 11% 19% 19% 20% 20% 20% 17% 17% 17% 17% 18% Trade Manufacturing 10% 9% 10% 10% 10% 11% 11% 12% 12% 13% Real estate 7% 7% 7% 7% 11% 12% 11% 11% 11% 6% Financial Utilities Others 38% 40% 39% 39% 38% 37% 37% 36% 36% 36% 2020 1Q21 1H21 9M21 2021 Based on 2009 PSIC Others include Transport & storage, Construction, Agricultural, forestry and fishing; Accommodation & food service activities 2020 1Q21 1H21 9M21 2021 Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation 46 This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#4747 LOAN PORTFOLIO Philippine Peso, 85% Currency Breakdown Foreign Currency, 15% DEPOSITS Philippine Peso, 82% Foreign Currency, 18% PRIVATE AND PROPRIETARY © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#4848 COVID-19 Initiatives PRIVATE AND PROPRIETARY For Employees Flexible work arrangements Shifting schedules, remote work, redeployment to nearer worksite Additional allowances and benefits Provided shuttle services, meal and transportation allowances To employees who reported on-site during the lockdowns Safety as our top priority Enforcement of health and safety protocols Promotion of free online courses In-house and external training for upskilling Free webinars for mental health and well-being To offer support and empower our people COVID-19 Vaccination Program +90% of our workforce are fully vaccinated (as of YE 2021) Vaccination for employees, their dependents, and other household members For Clients Waived Interbank Fund Transfer Fees For InstaPay and PESONet, until 30 June 2021 Adjusted PESONet Fees Halved to P50 per transaction (from P100) Starting 2 Nov 2021 Loan Payment Moratorium In response to the Bayanihan to Heal as One Act and the Bayanihan to Recover as One Act Adjusted branch schedules nationwide With shortened banking hours Daily list of branch schedules are posted online Mobile ATMs Travelled around Metro Manila and nearby provinces To reach clients during the lockdowns Accelerated digital channel enrolments and online account opening Through Earnest, Metrobank mobile app, Metrobank Online To provide convenient banking services For Communities Metrobank You're in good hands GT GT CAPITAL HOLDINGS INCORPORATED P346 million donation since the start of the pandemic for various aid programs PPES for health care and security front liners, COVID-19 testing kits and molecular laboratories, food relief packages, laptops and tablets for students, etc. 50 years Together towards the future Thank you for your trust and support! P15 million grants given to partner organizations For programs in health, education, livelihood, and sustainable feeding P2.5 million donation on our 59th anniversary, Metrobankers gave their meal allowances For the benefit of 15 community pantries nationwide Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#4949 Experience Meaningful Banking X + metrobank.com.ph/home Metrobank You're in good hands For more information, please visit our website: Latest Annual Reports 2019 2018 PERSONAL BANKING ABOUT US HELP & SUPPORT SAVE MANAGE UPGRADE INVEST PROTECT LEARN Q SEARCH A LOGIN Prime at 59 At 59, we are strong as ever for our business, our customers and our nation. Thank you for inspiring us as we move together towards the future. Read More 50 years 2020 Metrobank Meaningfu Banking in the Metroban SEC 17-A Metrobank Metrobank PRIVATE AND PROPRIETARY Making Banking MEANINGFUL THE FUTURE MADE POSSIBLE Financial Reports SEC 17-Q TRANORMING THE WORK PLACE ADVOCATING SUSTAINABILITY BSP SOC Investor Relations https://metrobank.com.ph/about-us/investor-relations-program For your comments and queries contact us via: [email protected] Tel: (632) 8857 5348 Annual Corporate Governance Report https://metrobank.com.ph/about-us/corporate-governance-report DISCLAIMER: This material was produced by Metrobank Investor Relations Department for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. The information contained herein (including, among others, the market data, industry data and other industry statistics included in this presentation derived from public or third party sources) has not been independently verified and thus no representation or warranty, express or implied, is made as to the fairness, accuracy, currency, completeness or correctness of the information, opinions and conclusions contained in this presentation by the Company. Accordingly, no reliance should be placed on the fairness, accuracy, currency, completeness or correctness of this presentation, nor any inferences drawn from the manner in which the contents have been compiled and presented. Unauthorized distribution, alteration, or reproduction, whether in whole or in part in any form, is strictly prohibited by the Company. Data presented here was taken from publicly available sources (PSE, SEC, BSP). In case of any discrepancy, the information from the public sources will prevail. Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. Metrobank You're in good hands#5050 50 Meaningful Banking THE ASIAN BANKER STRONGEST BANK IN PHILIPPINES 2021 by balance sheet BANKQUALITY.COM CONSUMER SURVEY ON RETAIL BANKS 2020 MOST RECOMMENDED RETAIL BANK IN PHILIPPINES AND 4TH IN APAC THE ASIAN BANKER Best Transaction Bank in the Philippines TRANSACTION AWARDS 2019 THE ASIAN BANKER® Best Trade Finance Bank in the Philippines TRANSACTION AWARDS 2019 by Metrobank You're in good hands T ASIAN ASSET WARDS 2019 A THE Asset TRIPLEA THE ASIAN BANKER LEADERSHIP ACHIEVEMENT AWARDS 2019 BEST MANAGED BANK IN THE PHILIPPINES THE ASIAN BANKER Best Foreign Exchange Bank in the Philippines TRANSACTION AWARDS 2019 THE ASIAN BANKER PHILIPPINE AWARDS 2019 REMITTANCE PRODUCT OF THE YEAR © Metropolitan Bank & Trust Company | Investor Relations | February 2022 | MBT Company Presentation This material was produced by Metrobank for information purposes only and is intended to be used in presentations by the Bank at investor meetings and does not constitute a recommendation regarding the securities of the Bank or any of its affiliates. It must not be released to other parties in whatever form without prior consent of the authors. HR Asia BEST COMPANIES TO WORK FOR IN ASIA 2019 PRIVATE AND PROPRIETARY Metrobank You're in good hands