#1CREATING A POSITIVE IMPACT GROWING TRUST, CONNECTING PEOPLE 8 AmBank Group AmBank Group ap AmBank Group H1FY2023 RESULTS INVESTOR PRESENTATION N 30 NOVEMBER 2022#2GCEO PRESENTATION Dato' Sulaiman Mohd Tahir 3456 6 H1FY23 Financial snapshot Repayment assistance Loans by stages Outlook for 2022#3Financial Snapshot (Reported) | H1FY23 Financial snapshot H1FY23 Financials Variance 2,346 • Income (1%) H1FY22: 2,359 Expenses (1,047) H1FY22: (1,008) 4% • 1,299 PBP (4%) H1FY22: 1,351 Profitability (RM' mil) Impairment (267) H1FY22: (377) (29%) 855 PATMI 21% H1FY22: 708 Strong profitability improvement; annualised ROE 10% • • Banking revenue growth of 8% offset by AmGen disposal loss of RM54mil at NOII Normalised cost flat, mainly bonus accruals reversal in H1FY22 CTI of 44.6% (H1FY22: 42.7%) Included Amgen impairment of RM116mil (Kurnia Brand, agent relationship & other assets) Total overlay carried forward remains at RM424mil Mainly driven by PBP contribution from Banking business and lower impairments Included Amgen disposal loss of RM50mil at PATMI • ROTE: 10.4% 10.0% ROE¹ 1.0% H1FY22: 9.0% 124.4 Assets & Gross Loans 4% • Broad-based loans growth across segments FY22: 120.0 Liabilities 121.0 (RM' bil) Customer Deposits (1%) FY22: 122.6 Consistent growth in Retail deposits, Corporate deposits more volatile FHC CET12 (with Transitional Arrangements ("TA")) 12.57% FY22: 12.20% 0.37% • FHC CET1 (without TA) = 12.17% (FY22: 11.65%) Capital & Liquidity 142.7% FHC LCR (15.8%) . Highly liquid FY22: 158.5% 6.0 sen Dividend per share 1.0 sen Dividend payout ratio 23% FY22: 5.0 sen 1. Annualised 2. After deducting proposed dividend AmBank Group H1FY23 Results - Investor Presentation 3#4Repayment Assistance | Repayment assistance loans declined further Repayment assistance by type of borrowers (RM' bil) Retail SME Corporate 30% of total gross loans 33.7 2.6 16% of total 10.7 gross loans 17.8 2.2 6% of total gross loans 5% of total gross loans 20.4 9.0 4% of total gross loans SME: Repayment assistance by MIA status MIA 2 0.07 bil MIA ≥3 0.05 bil MIA 1 0.21 bil 14% 5% 4% Total Assistance: RM1.4bil MIA O 1.11 bil 77% Retail: Repayment assistance by MIA status 6.6 5.5 1.8 1.4 6.6 2.0 1.6 46 4.7 1.4 2.8 2.5 1.9 % of total gross As at As at As at As at As at ΜΙΑ 1 loans 12 Nov 21 18 Feb 22 13 May 22 31 July 22 31 Oct 22 0.24 bil 12% Retail 18% 6% 2% 2% 2% SME 10% 8% 2% 2% 1% Corporate 2% 2% 2% 1% 1% 1. Total loans re-enrolment into AMMB's internal R&R programme = RM2.3bil (2% of total gross loans) a. Of the RM1.9bil in Retail, RM1.4bil loans re-enrolled b. Of the RM1.4bil in SME, RM0.4bil RSME and RM0.5bil other SME loans re-enrolled respectively AmBank Group H1FY23 Results - Investor Presentation MIA 2 0.13 bil 7% MIA ≥3 0.13 bil 7% Total Assistance: RM1.9bil MIA O 1.41 bil 74% 4#5Loans (Reported) | Loans by stages Loans by ECL Stages (RM' bil)¹ Stage 1 Stage 2 Stage 3 Breakdown by Business Segments (%) Stage 1 113.5 113.4 117.1 120.0 120.1 124.4 BB RB 1.6% 1.5% 1.4% 1.4% 1.6% 1.5% 13.2% 14.7% 12.9% 12.7% 11.9% 11.0% WB PEMULIH 88.1% 87.7% 84.7% Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 85.2% 83.9% 85.7% 85.9% 86.5% 87.5% Stage 2 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 WB RB BB 13.9% 10.8% 10.5% Gross Loans Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 (RM'bil) Stage 3 Stage 1 96.7 95.1 100.3 103.0 103.9 108.9 WB BB Stage 2 15.0 16.6 15.2 15.3 14.3 13.6 RB Stage 3 1.8 1.8% 1.4% 1.1% 1.7 1.6 1.7 1.9 1.9 Total 1. 113.5 113.4 117.1 120.0 120.1 124.4 Restatement of numbers due to reclassified unrated bonds/sukuk from loans to financial investments from Q1FY21 to Q4FY22 (Apr'20 to Mar'22) AmBank Group H1FY23 Results - Investor Presentation Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 5#6Market Outlook | Outlook for 2022 GDP Growth 8.5% to 9.0% Inflation w www Malaysia $$$0 Export Growth -$- Banking Sector AmBank Group H1FY23 Results - Investor Presentation 3.2% 25.5% to 26.5% USD/MYR Outlook 4.40 to 4.45 Loans Growth 6.0% to 6.5% $ Asset Quality Stable OPR 2.75% E$$ Liquid & Capital Positions Resilient 6#7GCFO PRESENTATION Jamie Ling 7-25 Financial Overview#8Financial Overview (Reported) | H1FY23 Performance summary - P&L (Reported) P&L (RM' mil) Q1FY23 Q2FY23 QoQ Change H1FY22 H1FY23 YoY Change Total Income NII NOII Expenses PBP Net Impairment PBT 1,162 1,185 2% 2,359 2,346 (1%) 863 923 7% 1,618 1,787 10% 298 262 (12%) 741 560 (24%) (544) (504) (7%) (1,008) (1,047) 4% 618 681 10% 1,351 1,299 (4%) (64) (203) >100% (377) (267) (29%) 554 478 (14%) 973 1,032 6% PAT 434 362 (17%) 760 796 5% - Profit from Continuing Operations¹ 404 469 16% 645 873 35% -Profit from Discontinued Operation² 30 (107)³ (>100%) 115 (77)³ (>100%) PATMI 419 435 4% 708 855 - PATMI from Continuing Operations¹ 404 469 16% 645 873 PATMI from Discontinued Operation² 15 (34)³ (>100%) 63 (18)³ 21% 35% (>100%) Financial Indicators Q1FY23 Q2FY23 QoQ Change H1FY22 H1FY23 YoY Change CTI 46.8% 42.5% (4.3%) 42.7% 44.6% 1.9% NIM 2.12% 2.12% ≈2 2.05% 2.17% 0.12% ROE4 10.0% 10.1% 0.1% 9.0% 10.0% 1.0% Basic EPS (sen)5 Net Assets per Share (RM) 12.66 13.15 3.9% 21.53 25.81 19.9% 5.14 5.21 1.4% 4.87 5.21 7.0% 1. Continuing operations comprised of Banking arms, Life Insurance (as JV) and General Insurance (as associate from Aug'22 to Sept'22) 2. 345 Discontinued operation in Q1/Q2/H1FY22 and Q1/Q2/H1FY23 comprised of General Insurance as subsidiary from April'21 to Sept'21 and from April'22 to July'22 respectively Include loss on AmGen disposal of RM54mil and impairment of Kurnia Brand, agent relationship & other assets of RM116.0mil (post tax of RM84.4mil) in Q2FY23 and H1FY23 Annualised 5. Computed based on weighted average number of shares AmBank Group H1FY23 Results - Investor Presentation 8#9Financial Overview (Reported) | H1FY23 Performance summary - Balance Sheet (Reported) Balance Sheet (RM' bil) Q1FY23 Q2FY23 QoQ Change FY22 H1FY23 YTD Change Gross Loans 120.1 124.4 4% 120.0 124.4 4% GIL 1.55% 1.52% (0.03%) 1.40% 1.52% 0.12% LLC1 123.3% 122.6% (0.7%) 139.2% 122.6% (16.6%) Customer Deposits 121.4 121.0 122.6 121.0 (1%) CASA 39.6 39.8 1% 43.1 39.8 (8%) Capital Indicators (without TA) Q1FY23 Q2FY232 QoQ Change FY222 H1FY23² YTD Change FHC CET1 11.96% 12.17% 0.21% 11.65% 12.17% 0.52% FHC Tier 1 11.96% 12.17% 0.21% 11.65% 12.17% 0.52% FHC Total Capital 15.48% 15.63% 0.15% 15.18% 15.63% 0.45% Liquidity Ratios Q1FY23 Q2FY23 QoQ Change FY22 H1FY23 YTD Change FHC LCR 153.0% 142.7% (10.3%) 158.5% 142.7% (15.8%) LDR (Loan-to-Deposit) LTAF³ 99.0% 102.8% 3.8% 97.9% 102.8% 4.9% 84.3% 85.5% 1.2% 82.6% 85.5% 2.9% 1. With regulatory reserves 2. After deducting proposed dividend 3. Loan-to-Available-Funds ratio (LTAF) refers to gross loans (excluding financing funded by Islamic Investment Accounts and loans sold to Cagamas) divided by deposits plus borrowings and sub debt AmBank Group H1FY23 Results - Investor Presentation 9#10Disposal of AmGen P&L - Continuing & Discontinued Operations Financial Effects post Disposal (Half Yearly) H1FY22 H1FY23 YoY Movement RM'mil Reported (A) + (B) Continuing Ops (A) Discontinued Op (B) Reported (A) + (B) Continuing Ops (A) Discontinued Op Reported (B) Continuing Operations Discontinued Operation NII 1,618 1,554 63 1,787 1,744 42 10% 12% (32%) NOII 741 509 233 560 479 811 (24%) (6%) (65%) Income 2,359 2,063 296 2,346 2,223 123 (1%) 8% (58%) Expenses (1,008) (854) (154) (1,047) (941) (106) 4% 10% (31%) PBP 1,351 1,209 142 1,299 1,282 17 (4%) 6% (88%) (Impairment)/Writeback (377) (376) (1) (267) (154) (113)² (29%) (59%) (>100%) PBT/(LBT) 973 833 141 1,032 1,128 (96) 6% 35% (>100%) PAT/(LAT) 760 645 115 796 873 (77) 5% 35% (>100%) PATMI/(LATMI) 708 645 63 855 873 (18) A 21% 35% (>100%) CTI 42.7% 41.4% 52.0% 44.6% 42.3% 86.3% 1.9% 0.9% 34.2% Financial Effects post Disposal (Quarterly) Q1FY23 Q2FY23 QoQ Movement RM'mil Reported (A) + (B) Continuing Ops Discontinued Op (A) (B) Reported (A) + (B) Continuing Ops Discontinued Op Reported (A) (B) Continuing Operations Discontinued Operation NII 863 831 32 923 913 10 7% 10% (68%) ΝΟΙΙ 298 217 81 262 262 (0) 1 (12%) 20% (100%) Income 1,162 1,049 113 1,185 1,175 10 2% 12% (91%) Expenses (544) (465) (79) (504) (476) (27) (7%) 3% (65%) PBP 618 584 34 681 698 (17) 10% 20% (>100%) (Impairment)/Writeback (64) (66) 2 (203) (88) (115)2 >100% 33% >100% PBT/(LBT) 554 518 36 PAT/(LAT) 434 404 30 60 478 611 (132) (14%) 18% (>100%) 362 469 (107) (17%) 16% (>100%) PATMI/(LATMI) 419 404 15 435 469 (34) 4% 16% (>100%) CTI 46.8% 44.3% 69.9% 42.5% 40.6% 180.1% (4.3%) (3.7%) 197.5% 1. Include loss on AmGen disposal of RM53.9mil 2. Include impairment of Kurnia Brand, agent relationship & other assets of RM116.0mil (post tax of RM84.4mil) AmBank Group H1FY23 Results - Investor Presentation 10 10#11Disposal of AmGen | Disposal of AmGen - Update as at 30 Sep 2022 Estimated Loss on Disposal RM'mil Estimated final cash consideration Add: Consideration in shares Total consideration before non-cash estimated true up Less: Net assets, goodwill and expenses (refer to Note A29 of the financial statements) ! Estimated loss on disposal as shown in Noll Impairment of Kurnia Brand, agent relationship & other assets, pre-tax¹ Estimated losses, pre-tax Add: Deferred tax reversal Estimated losses, post-tax Add: Minority Interest (MI) share of losses - 49% | Estimated loss after MI and tax To recap: 1. AMMB disposed AGIB to LIB for a total consideration of RM2,355 million* 2. IAG exits completely. AMMB and LIB own 30% and 70% equity interest respectively in the combined AGIB/LIB business 3. 4. AMMB received RM286.9 million cash consideration and 30% equity interest valued at RM958.2 million* AMMB to account for this 30% equity interest as an associate undertaking 5. AMMB entered into a 20-year bancassurance partnership with LIB * Numbers updated to reflect position as of 30 Sept 2022 AmBank Group H1FY23 Results - Investor Presentation 21% Divestment in AmGen 1,396.7 958.2 2,354.9 (2,408.8) (53.9) 1 (116.0) (169.9) 31.6 (138.3) 88.6 (49.7) 1. Impairment of Kurnia Brand, agent relationship & other assets of RM116.0mil (pre-tax) " AMMB: AMMB Holdings Bhd " AGHB: AmGeneral Holdings Bhd " AGIB: AmGeneral Insurance Bhd ("AmGen") " IAG: IAG International Pty Ltd " LIB: Liberty Insurance Bhd LMIC: Liberty Mutual Insurance Company 11#12Financial Overview (Continuing) | Q2FY23 Financial overview 1 Capital, Liquidity and Funding 2 • Adequate loss absorption capacity • Declared dividends of 6.0 sen per share, dividend payout ratio of 23% • After proposed dividends, CET1 at 12.57%; without Transitional Arrangements, CET1 at 12.17% . Highly liquid (FHC LCR of 142.7%, LDR 102.8%) Q2FY23 Results (QoQ) Income of RM1,175mil NII of RM913mil, up 10%. NIM of 2.12% (Q1FY23: 2.12%) Noll at RM262mil, up 20% mainly driven by higher trading and investment income Expenses up 3% to RM476mil, CTI at 40.6% (Q1FY23: 44.3%) PBP up 20% to RM698mil . Net impairment charge up 33% to RM88mil (Q1FY23: RM66mil) • Total overlay reserves carried forward RM424mil (Retail Banking: RM363mil, Business Banking: RM31mil, Wholesale Banking: RM30mil) PBT up 18% to RM611mil (Q1FY23: RM518mil) Q2FY23 PAT from continuing operations of RM469mil AmBank Group H1FY23 Results - Investor Presentation 2 12#13Income (Continuing) | Broad-based revenue growth Business Segments Q1FY23 Q2FY23 QoQ Change H1FY22 H1FY23 YoY Change (RM' mil) Wholesale Banking 331 388 17% 638 719 13% Investment Banking 75 75 23 185 149 (19%) Retail Banking 446 480 8% 837 926 11% Business Banking 156 170 9% 267 326 22% Group Funding & Others 39 51 29% 116 90 (23%) Total Income - Banking 1,047 1,163 11% 2,043 2,210 8% Insurance (Life & General) Total Income 2 12 >100% 20 13 (34%) 1,049 1,175 12% 2,063 2,223 8% Underlying (exclude mod gain) RM' mil 1,038 Underlying (exclude mod gain) 959 1,027 Underlying (exclude mod gain) 1,158 1,996 2,184 2,223 2,063 479 509 (39) (67) 1,175 1,071 993 1,049 262 284 217 224 (17) 1,744 (33) (34) (22) 1,554 786 769 831 913 Q1FY22 ■Net Interest Income Q2FY22 Q1FY23 Q2FY23 H1FY22 H1FY23 ■Non-interest Income 1. Net modification impact - loss/ (unwinding) AmBank Group H1FY23 Results - Investor Presentation 13#14PBP & PATMI (Continuing) | Strong PBP contribution from Banking business Business Segments Q1FY23 Q2FY23 QoQ Change H1FY22 H1FY23 YoY Change (RM' mil) Wholesale Banking 272 325 20% 513 597 16% Investment Banking 31 27 (12%) 100 58 (42%) Retail Banking 230 251 9% 426 481 13% Business Banking 110 117 7% 198 227 Group Funding & Others (60) (33) 44% (48) (94) 15% (95%) PBP - Banking 582 687 18% 1,189 1,269 7% Insurance (Life & General) 2 12 >100% 20 13 (34%) PBP 584 698 20% 1,209 1,282 6% ■PBP PAT RM' mil 650 345 559 Q1FY22 Q2FY22 AmBank Group H1FY23 Results - Investor Presentation 299 I 584 404 698 Q1FY23 Q2FY23 469 | I 1,209 645 1,282 H1FY22 H1FY23 873 14#15Group P&L (Continuing) | P&L walk YoY Growth 645 15% (6%) (41%) ▲ 8% 10% 6% (59%) 222 ▲ 35% 36% ▲ 35% 217 30 28 87 67 55 873 Net Interest RM' mil Income Non-Interest Income Net Mod Impact Total Income Expenses PBP Impairment PBT Tax & Zakat PAT H1FY23 1,705 479 39 2,223 (941) 1,282 (154) 1,128 (255) 873 H1FY22 1,488 509 67 2,063 (854) 1,209 (376) 833 (188) 645 Positive growth in H1FY23 Contraction in H1FY23 PAT by Lines of Business (YoY) (26%) (40%) Insurance 1 1% Noll % CTI Effective Tax Rate Group Funding & Others (10%) (18%) Retail Banking 28% ▲ 54% H1FY23 21.5% 42.3% 22.6% Business Banking 17% H1FY22 24.6% 41.4% 22.6% ▼(46%) Investment Banking 5% PAT RM873 mil ▲ 35% AmBank Group H1FY23 Results - Investor Presentation Wholesale Banking 59% 90% 1. Insurance comprised of AmGen, AmMet Life and AmMet Life Takaful. The results of AmGen (associate) has been equity accounted for H1FY23 and restated for H1FY22 accordingly 15#16NIM (Reported) | NIM expansion at the back of OPR rise Net Interest Margin (NIM) Movement (QoQ) bps 212 5.6 206 0.4 Divisions Funding + Deposits 8.1 0.1 0.9 5.5 0.3 2.3 YoY NIM H1FY23: Reported: 2.17% ( 12bps) Underlying: 2.12% (▲ 16bps) H1FY22: Reported: 2.05% Underlying: 1.96% Reported: Underlying: 2bps 4.1 14.8 Q1FY23 Reported Net modification Q1FY23 Underlying Retail Banking Wholesale Investment Banking Banking Business Banking General Insurance Asset mix impact Interbank / Group Funding Deposits Positive growth in Q2FY23 NIM Trend Gross Yield Contraction in Q2FY23 COF ⚫NIM 212 208 Net Q2FY23 Q2FY23 Underlying modification Reported impact 4.07% 4.01% 3.95% 3.77% 3.84% 3.73% 3.72% 3.68% 3.73% 3.65% 3.80% 2.62% 2.15% 2.03% 2.07% 2.08% 2.03% 2.09% 2.00% 2.12% 2.15% 2.14% 1.92% 1.96% 1.86% 1.84% 1.84% 2.12% 1.59% 1.82% 1.84% 2.08% 1.86% Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q2FY23 excluding AmBank Group H1FY23 Results - Investor Presentation net mod impact 16#17Noll (Continuing) | Lower income from Investment Banking, Wealth Management and Insurance, partially offset by higher Corporate and Business Banking income YoY Growth Composition ▲ 25% 15% ▲ 4% (7%) (40%) (40%) (29%) ▲ 37% 17% ▲ 23% (58%) 5% 9% 16% 15% 4% 7% 9% 6% 11% 14% 3% ▲ 56% 1% (6%) 100% 509 2 6 5 5 12 22 22 18 13 7 8 17 17 3 479 RM' mil Corporate Banking Transaction Banking Group Treasury & Markets Fund Management Equity Markets Other IB Businesses Wealth Management Cards Other Retail Business Banking Insurance (General & Life) Others Noll H1FY23 25 44 75 73 19 32 42 29 51 69 13 80 479 H1FY22 20 38 72 78 31 53 60 21 44 56 30 5 509 Wholesale: ▲ 10% Investment: (24%) Positive growth in H1FY23 Contraction in H1FY23 H1FY22 Noll H1FY23 Noll AmBank Group H1FY23 Results - Investor Presentation Retail: (2%) 17#18Expenses (Continuing) | CTI improved QoQ to 40.6% (Q1FY23: 44.3%) Business Segments Q1FY23 Q2FY23 QoQ Change H1FY22 H1FY23 YoY Change (RM' mil) Wholesale Banking 60 63 5% 125 122 (2%) Investment Banking 44 47 8% 85 91 7% Retail Banking 216 229 6% 411 445 8% Business Banking 46 53 15% 70 99 43% Group Funding & Others 99 84 (15%) 164 184 12% Expenses 465 476 3% 854 941 10% Expense Growth Driver (YoY) Positive P&L impact in H1FY23 RM' mil 854 41 H1FY22 Bonus Accrual Reversal in H1FY22 AmBank Group Expense and CTI Trend RM' mil Negative P&L impact in H1FY23 6 7 41 Other Staff Admin & Sales & Cost General Marketing H1FY23 Results - Investor Presentation 8 941 43.7% 44.3% 39.3% 40.6% 41.4% 941 42.3% السا Others H1FY23 Q1FY22 Q2FY22 Q1FY23 Q2FY23 H1FY22 H1FY23 18#19Loans (Reported) | Broad-based loans growth Gross Loans Movement (RM' bil) Breakdown by rate sensitivity: Fixed rate 21% Variable rate -79% Breakdown by concept: Breakdown by customers' type: ROA¹: ROTA¹: Islamic - 32% Conventional - 68% Retail -55% 0.90% 0.90% Non-retail-45% YTD Growth 1% 10% 7% 3% 2% ≈2 4% 5% 9% 4% Composition 13% 14% 2% 15% 35% 10% 2% 4% 5% 100% 0.2 0.6 0.2 1.1 0.1 0.1 0.6 1.5 0.2 124.4 Gross loans trend (RM'bil) YTD Growth Industry 120.0 H1FY23 124.4 4% 3%2 FY22 120.0 6% 5%³ FY21 112.7 5% 4%3 FY22 MidCorp Large Corp & Others Investment Banking Business Banking Mortgage Auto Finance Cards & Personal Financing Retail SME COOP & ASB H1FY23 Financing Wholesale: 6% Retail: 3% Positive growth in H1FY23 Contraction in H1FY23 223 1. Annualised 2. Based on BNM data from end Mar'22 to end Sep'22 3. Based on BNM data and in accordance with AMMB's financial period AmBank Group H1FY23 Results - Investor Presentation 19#20Asset Quality (Reported) Watchful on retail credit exposures Net Impairment (YoY Movement) RM' mil 377.1 0.9 154.9 376.2 221.4 146.0 30.7 76.3 123.0 8.0 0.5 36.2 153.7 Overlay: Q1FY23: 30.0 Q2FY23: 0.6 113.2 266.9 H1FY22 Reported AmGen H1FY22 impairment H1FY22 Continuing Overlay H1FY22 before overlay ECL Stage 1 & 2 ECL Stage 3 Individual Allowance Recoveries Others H1FY23 before overlay Overlay H1FY23 Continuing AmGen H1FY23 impairment H1FY23 Reported Positive P&L impact in H1FY23 Negative P&L impact in H1FY23 Gross Impaired Loans and LLC Ratios Credit Cost and New Impaired Loans Formation Retail Business Wholesale GIL Ratio Loan Loss Coverage¹ AmBank Group FY20 FY21 FY22 H1FY22 H1FY23 2 2 114.0% 124.1%² 139.2% 144.0% 122.6% 93.4% Net credit cost³ (%) (excl. overlay) 0.17% 0.44%² 0.38%2 0.33% 2,4 0.17%4 1.59% 1.73% 1.57%2 2 1.40% 1.47%2 1.52% Net credit cost³ (%) 0.30% 0.81%² 0.26%2 i 0.54% 2,4 0.22%4 RM' mil 1,853 1,770 1,892 1,621 1,676 1,668 283 265 Credit cost³ 260 217 266 288 0.62% 1.12%2 0.46%2 0.75% 2,4 0.46%4 350 (excl. recoveries) (%) 646 628 676 517 522 New Impaired Loans 1,491 990 1,357 518 1,276 (RM'mil) 1,109 924 728 882 893 858 1. FY19 FY20 FY21 FY22 H1FY22 H1FY23 2. Includes regulatory reserve of RM450m (FY19), RM388m (FY20), NIL (FY21), RM103m (FY22), RM8m (H1FY22) and RM159m (H1FY23) Restatement of numbers due to reclassified unrated bonds/sukuk from loans to financial investments from Q1FY21 to Q4FY22 (Apr 20 to Mar'22) AmBank Group H1FY23 Results - Investor Presentation 3. Includes loan loss allowances only 4. Annualised 20 20#21Asset Quality (Reported) | Proactively managing sector exposure Impaired Loans by Sector Loans & Bonds by Internal Risk Grade Satisfactory Moderate Strong Very Strong Sector Mar'22 Sep'22 Composition QoQ Change RM' mil RM' mil 9 10 1% 12% Loans outstanding 2% Marginal Substandard Impaired Bonds & Loans outstanding 20% Agriculture 6% Mining and quarrying 176 44 2% (75%) 22% Manufacturing 227 177 9% (22%) Oil & Gas¹: RM2.1bil ~ 2% of total Electricity, gas and water 4 6 31% Oil & Gas: RM3.1bil 49% 16% gross loans 70% Construction 113 145 8% 29% 15% Wholesale, retail trade, hotels and restaurants 170 201 11% 18% 3% 9% Transport, storage and 19 18 1% (4%) 1. Categorised under "Mining and quarrying" sector in Financial Statement communication Finance and insurance 1 9 1% 16 >100% Real estate 188 183 10% (3%) Construction: RM4.3bil ~ 3% of total 54% 34% Business activities 38 47 2% 25% gross loans Education and health 6 9 37% Household of which: 725 1,042 55% 44% 3% - Residential Properties 540 778 41% 44% 7% - Transport Vehicles 80 107 6% 34% - Others 105 157 8% 49% Real Estate: RM6.3bil Total 1,676 1,892 100% 13% 32% ~ 5% of total gross loans AmBank Group H1FY23 Results - Investor Presentation 58% 21#22Deposits (Reported) | Consistent deposits growth in Retail Deposits (RM' bil) CASA (RM' bil) and CASA Composition (%) Customer Deposits Trend H1FY23 FY22 FY21 CASA Trend YTD Growth Industry (1%) 3%1 H1FY23 121.0 2% 5%² FY22 122.6 120.5 7% 6%2 FY21 YTD Growth Industry 39.8 (8%) 1 43.1 21% 6%2 35.8 24% 21%2 Retail FD I Non-Retail FD AmBank Group Deposits Market Share (%) Retail CASA I Non-Retail CASA Retail CASA I Non-Retail CASA 35.2% CASA Composition (%) 32.6% 32.9% 30.7% 5.8% 5.6% 29.9% 30.0% 43.1 5.5% 5.4% 5.5% 1 5.4% 39.6 39.8 124.7 37.4 122.6 121.4 121.0 35.6 114.1 115.9 34.1 19.7 23.0 20.4 21.3 17.6 18.2 23.0 20.4 21.3 19.7 18.2 17.6 51.2 45.7 46.3 43.1 46.6 45.6 18.6 17.7 20.1 19.2 16.5 17.4 20.1 19.2 16.5 17.4 17.7 18.6 33.4 34.7 36.1 33.7 35.6 38.1 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Retail Deposit Mix 43.8% 44.9% 43.1% 43.9% 45.1% 46.8% Retail CASA 48.5% Mix 48.8% 47.4% 46.6% 48.5% 46.6% Based on BNM data from end Mar'22 to end Sep'22 Based on BNM data and in accordance with AMMB's financial period H1FY23 Results - Investor Presentation 1. 2. AmBank Group 222 22#23Capital (Reported) | Strong capital position, dividend payout ratio of 23% RWA/Total Assets RM' bil Total Assets 65.0% 64.4% RWA/Total Assets 1 Peers 2 FHC Capital Adequacy Ratios³ CET 1/Tier 1 Total CAR 66.7% 67.4% 66.0% 15.80% 15.43% 15.63% 15.79% 15.18% 15.32% 14.48% 14.14% 58.4% 58.5% 58.1% 56.8% 55.6% 11.89% 12.44% 11.65% 12.17% 158.8 169.2 170.2 174.9 180.2 10.42% 11.33% 12.20% 12.57% FY19 FY20 FY21 FY22 H1FY23 1. FHC RWA/Total Assets 2. Based on an average of our seven peer domestic banks as at 30 June 2022 FHC CET1 (QoQ Movement) 12.38% 11.96% 0.41% 0.40% 0.05% 0.21% 0.03% FY19 FY20 FY21 FY22 3. After deducting proposed dividends 4. TA = Transitional Arrangements 0.26% 12.34% 4 without TA H1FY23 FY21 FY22 4 with TA Proposed interim dividend of 6.0 sen per share H1FY23 Dividend payout ratio of 23% 0.40% 12.57% 12.17% 0.17% 5 Q1FY23 (with TA) TA Q1FY23 (without TA) Profit for Q2FY23 Transfer to Reg reserve from RE RWA Others AmGen Disposal Q2FY23 (without TA) Proposed Dividend Q2FY23 (without TA TA after Proposed 5. Credit RWA: -0.16%; Market RWA: -0.01%; Operational & Other RWA: -0.04% AmBank Group H1FY23 Results - Investor Presentation Dividend) Q2FY23 (with TA after Proposed Dividend) 23#24Summary | H1FY23 Summary • STRONG BANKING PERFORMANCE Strong Q2 performance, H1 annualized ROE 10% Expect market volatilities to continue COST EFFICIENCY Target 45% Cost to Income ratio; slight negative jaws Pacing investments in H2FY23 AmBank Group H1FY23 Results - Investor Presentation • CREDIT PROFILE GIL uptick in Retail segment post mora Net credit cost guidance unchanged SOLID FOUNDATION . Capital build on track Resumption of historical dividend payout 24#25THANK YOU#26H1FY23 Results (Reported) | Reported yearly performance (LATMI) / PATMI (RM' mil) & ROE (%) PATMI (LATMI) ROE (%) 8.8% 7.4% PATMI: ROE: YoY Growth ▲ 20.8% YoY Growth 1.0% 9.3% 9.0% 10.0% 1,505 1,341 1,503 708 855 FY19 FY20 FY21 FY22 H1FY22 H1FY23 (3,826) -20.2% Cost to Income Ratio and Expenses Growth (%) Expenses Growth CTI Avg improvement (FY19-FY22) (3.1%) 54.3% Total Income (RM' mil) and Non-interest Income (%) Total Income Non-interest Income % Total Income: CAGR FY19-FY22: YoY Growth 5.9% (0.5%) 34% 34% 36% 30% 31% 24% 4,552 4,665 4,227 3,922 2,359 2,346 FY19 FY20 FY21 FY22 H1FY22 H1FY23 ROA (%) and EPS (Basic) EPS ROA ROA: YoY Growth EPS: YoY Growth 19.9% Expenses: CAGR FY19-FY22 ▼ (0.6%) CTI YOY variance 1.9% 1.08% 0.93% 49.9% 46.8% 44.9% 42.7% 44.6% 50.0 44.6 0.94% 0.91% 0.90% 45.5 21.5 25.8 3.9% 1.1% -1.1% -1.8% -5.1% -12.0% FY19 FY20 FY21 FY22 H1FY22 H1FY23 FY19 FY20 FY21 FY22 H1FY22 H1FY23 AmBank Group H1FY23 Results - Investor Presentation (127.2) (2.24%) 26#27Asset Quality (Continuing) | (Impairments) / Writebacks Net (Impairments) / Writebacks and GIL Ratio Total impairments by category (RM' mil) ECL Stage 1 & 2 / CP - Non defaulted ECL Stage 3/CP - Defaulted Individual Provisions Recoveries Other Provisions1 Total net impairments 1. Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 QoQ Change H1FY22 H1FY23 YoY Change (122) (124) 56 561 6 19 >100% (246) 24 (>100%) (118) (85) (98) (557) (125) (155) 24% (203) (279) 38% (12) (21) (304) (3) (12) (20) 71% (33) (32) (2%) 57 61 48 74 71 83 16% 118 154 31% (8) (4) (40) (129) (6) (15) >100% (12) (21) 62% (203) (173) (338) (53) (66) (88) 33% (376) (154) (59%) Total impairments by divisions (RM' mil) Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 QoQ Change H1FY22 H1FY23 YoY Change Wholesale Banking (68) (101) (258) (586) 21 47 Investment Banking 2 7 0 2 0 (1) Retail Banking (43) 5 (43) (77) (38) (121) (>100%) >100% >100% (38) (169) 68 (>100%) 9 (1) >100% (159) >100% Business Banking (22) (52) 1 29 (19) (14) (28%) (74) (33) (56%) Group Funding & Others (72) (32) (39) 578 (30) 1 (>100%) (104) (29) (72%) Total net impairment (203) (173) (338) (53) (66) (88) 33% (376) (154) (59%) GIL Ratio Q1FY22 Q2FY22 Q3FY22 Q4FY22 Wholesale Banking 2.08% Investment Banking Retail Banking Business Banking Group 1.84% 1.98% 1.66% 0.02% 0.01% 0.01% 0.00% 1.34% 1.30% 1.12% 1.31% 1.71% 1.82% 1.90% 1.66% 1.44% 1.47% 1.37% 1.59% 1.47% 1.37% 1.40% 1.55% 1.52% Q1FY23 Q2FY23 1.34% 1.07% QoQ Change YoY Change (0.27%) (0.77%) 0.00% N/A (0.01%) 0.11% 0.52% 1.42% (0.10%) (0.29%) (0.03%) 0.05% Industry 1.62% 1.73% 1.68% 1.71% 1.79% 1.82% 0.03% 0.09% Includes trade & sundry debtors and provision for contingencies AmBank Group H1FY23 Results - Investor Presentation 27#28Loans (Reported) | Loans by sector vs industry AmBank Group (RM' bil) Loans 3% Composition 2% 12% 1% 3% 9% 4% 6% 5% 1% 54% YTD Growth 32% 8% (3%) 14% Loans Composition ■Sep'22 100% 2% ▼(1%) ▲ 35% ▼(5%) 8% 3% (51%) 4% 15.4 4.4 10.8 7.4 6.3 3.1 2.3 1.4 4.8 1.5 67.0 0.0 124.4 Agriculture Mining & Quarrying Manufacturing Electricity, Gas & Water Construction Wholesale, Retail, Hotels & Restaurant Finance, Transport, Storage & Com Insurance, Real Estate Education & Health Household Others Total Loans & Biz Act 35.2 10.7 129.6 23.2 44.7 50.3 162.8 101.7 106.4 137.1 21.6 ■Sep'22 2% 1% 6% 1% 9. YTD Growth ▲ 3% ▲ 2% Industry (RM' bil) Source: BNM, financial statements AmBank Group H1FY23 Results - Investor Presentation 1,176.3 1,999.5 8% 5% 5% 3% 7% 2% 59% 1% 100% ▲ 13% ▲ 6% (1%) ≈2 ▲ 4% ▲ 7% ▼(1%) ▲ 3% ▲ 16% ▲ 3% 28#29Divisional Performance#30Wholesale Banking (Reported) | Wholesale Banking Total Income (YoY Movement) and Assets by Line of Business PAT Trend (RM' mil) QoQ Growth: YoY Growth: 39% Transaction Banking 21% Total Income RM719 mil 13% Transaction Banking 7% Total Assets Wholesale Banking Coverage 32% O Group Treasury & Markets 61% RM88.5b Group Treasury & Markets 48% 15% H1FY22:270 143 127 22 227 H1FY23: 514 288 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 (1%) Wholesale Banking Coverage 31% 27% 90% (255) Corporate Banking Loan Disbursement and Repayment Disbursement QoQ Mvmt: *Disbursement YoY Mvmt: Repayment QoQ Mvmt: >100% 30% (13%) Disbursement ■Repayment *Repayment YoY Mvmt: (12%) Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 *Note: YoY mvmt - H1FY23 vs H1FY22 AmBank Group H1FY23 Results - Investor Presentation 30#31Wholesale Banking (Reported) | Wholesale Banking Income Statement YoY Growth 13% 10% 13% (2%) 16% (>100%) 94% >100% 90% Net Interest RM' mil Income Non-Interest Income Total Income Expenses PBP Impairment PBT Tax PAT H1FY23 575 144 719 (122) 597 68 665 (150) 514 H1FY22 507 131 638 (125) 513 (169) 343 (73) 270 H1FY23 PAT H1FY22 PAT Positive growth in H1FY23 Contraction in H1FY23 Balance Sheet (RM' mil/%) Key Ratios FY22 H1FY23 YTD Change FY22 H1FY23 YTD Change Gross Loans/Financing 31,063 32,806 6% GIL Ratio 1.66% 1.07% (0.59%) Gross Impaired Loans 517 350 (32%) CTI 19.8% 17.0% (2.8%) Customer Deposits 53,561 48,982 (9%) Loan Loss Coverage 160.9% 182.7% 21.8% CASA 15,296 13,833 (10%) ROA¹ 0.05% 1.25% 1.20% CASA Mix 28.6% 28.2% (0.4%) 1. Annualised AmBank Group H1FY23 Results - Investor Presentation 31#32Investment Banking (Reported) | Investment Banking League Table Market Share¹ As At 30 September 2022 Rank² DCM 10.7% (Overall MYR Bonds) Islamic Sukuk 10.9% Unit Trust Market Share of Value and Volume Traded on Bursa (KLSE)¹ Trading Value Trading Volume 4.1% 4.0% 3.6% 3.2% 3.2% 4 5.1% 4.8% 4.5% 4.3% 4.0% 8.0% 5 80 1.5% 14 Stockbroking³ 5.1% M&A³ Fund Raising³ (non-DCM) 1. Calendar Year data 2019 2020 2021 2022 Q3CY22 9.5% 3 CY Calendar Year 2. Comparing rank movement with 30 June 2022 3. Rank by value Fund Management - AUM (RM' bil) 47.9 47.6 46.6 42.1 40.5 FY19 FY20 Private Banking - AUM (RM' bil) 9.8 10.0 9.2 8.2 7.9 FY21 FY22 H1FY23 FY19 FY20 FY21 FY22 H1FY23 32 22 AmBank Group H1FY23 Results - Investor Presentation#33Investment Banking (Reported) | Investment Banking Income Statement YoY Growth 15% (24%) (19%) 7% (42%) >100% (48%) (52%) (46%) RM' mil Net Interest Income Non-Interest Income Total Income Expenses PBP Impairment PBT Tax PAT H1FY23 26 123 149 (91) 58 (1) 44 57 (11) 46 H1FY22 23 163 185 (85) 100 9 109 (24) 85 H1FY23 PAT H1FY22 PAT Positive growth in H1FY23 Contraction in H1FY23 Balance Sheet (RM' mil/%) Key Ratios FY22 H1FY23 FY22 H1FY23 YTD Change YTD Change Gross Loans / Financing GIL Ratio 0.00% 1,884 2,023 7% N/A Share Margin Financing 591 650 10% CTI 50.7% 61.2% 10.5% Gross Impaired Loans 0.1 N/A Loan Loss Coverage 100.0% N/A Customer Deposits 855 841 (2%) ROA¹ 5.39% 3.13% (2.26%) CASA 319 230 (28%) Average AUM² 57,993 56,926 (2%) CASA Mix 37.3% 27.3% (10.0%) 1. Annualised 2. Inclusive of Private Banking AmBank Group H1FY23 Results - Investor Presentation 33#34Retail Banking (Reported) | Retail Banking Total Income (YoY Movement) and Loans by Line of Business PAT Trend (RM' mil) (27%) 33% 3% Total Income RM 926 mil 11% 32% Others 4% Retail SME 9% Auto 12% Wealth COOP & 5% Retail SME ASB Financing 9% Auto 18% 7% Cards & Personal 9% Financing 4% Mortgage 21% 4% Total loans RM70.3 bil Deposits 32% Mortgage 62% COOP & ASB Financing 3% 8% AmBank Group H1FY23 Results - Investor Presentation Cards & Personal Financing 14% H1FY22: 297 162 QoQ Growth: (33%) YoY Growth: (18%) H1FY23: 245 ווויוי Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 14 34#35Retail Banking (Reported) | Retail Banking Wealth Sales (RM' mil) H1FY22: 2,415 1,381 1,192 1,223 QoQ Growth: YoY Growth: 953 928 H1FY23: 2,271 1,343 Merchant Volume 45% (6%) Merchant volume (RM'mil) Merchants in force ('000) QoQ Growth: QoQ Growth: (2%) YoY Growth: (2%) YoY Growth: 75% (1%) 35 35 35 35 35 34 H1FY22: 4,476 2,261 2,215 H1FY23: 7,815 3,945 3,341 3,328 3,870 Q1FY22 Q2FY22 Q1FY22 Q3FY22 Q2FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Credit Cards Cards in circulation 620 600 580 560 540 I Cards in circulation ('000) New cards issued ('000) Mortgage and Auto Finance Quarterly Disbursements Mortgage QoQ Growth: Cards in circulation QoQ Growth: *Cards in circulation YoY Growth: New cards issued QoQ Growth: *New cards issued YoY Growth: 3% 9% 27% 72% ■Mortgage Auto Finance 100 520 500 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 AmBank Group H1FY23 Results - Investor Presentation ឬ ៖ 8 P 8 9 ≡ 8 9 9, New cards issued 8% *Mortgage YoY Growth: 17% Auto Finance QoQ Growth: *Auto Finance YoY Growth: 50% 78% 14111 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 *Note: YoY growth - H1FY23 vs H1FY22 35#36Retail Banking (Reported) | Retail Banking Income Statement YoY Growth 13% (2%) 11% 8% 13% >100% (17%) (16%) (18%) RM' mil Net Interest Income Non-Interest Income Total Income Expenses PBP Impairment PBT Tax PAT H1FY23 804 122 926 (445) 481 (159) 322 (77) 245 H1FY22 713 124 837 (411) 426 (38) 389 (92) 297 H1FY23 PAT H1FY22 PAT Positive growth in H1FY23 Contraction in H1FY23 Balance Sheet (RM' mil/%) Key Ratios FY22 H1FY23 YTD Change FY22 H1FY23 YTD Change Gross Loans/Financing 68,396 70,262 3% GIL Ratio 1.31% 1.82% 0.51% Gross Impaired Loans 893 1,276 43% CTI 50.2% 48.0% (2.2%) Customer Deposits 53,814 56,682 5% Loan Loss Coverage 126.9% 95.6% (31.3%) CASA 20,076 18,574 (7%) ROA¹ 0.78% 0.71% (0.07%) CASA mix 37.3% 32.8% (4.5%) Average AUM 2,779 2,446 (12%) (Wealth Management) 1. Annualised AmBank Group H1FY23 Results - Investor Presentation 36#37Business Banking (Reported) | Business Banking Gross Loans (RM' mil) 1% PAT Trend (RM' mil) QoQ Growth: YoY Growth: 11% Non-trade Trade 18,736 19,053 19,336 18,070 17,329 17,374 5,172 5,300 5,249 4,945 4,676 4,675 12,653 12,699 13,125 13,564 13,753 14,087 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Customer Deposits (RM' mil) CASA FD QoQ Growth: YoY Growth: 6% 20% QoQ Growth: 14% YoY Growth: 54% H1FY22: 96 H1FY23: 148 15,231 15,034 13,831 14,120 12,624 12,517 66 6,950 7,303 6,997 7,433 6,139 6,280 8,282 6,485 6,237 6,398 7,123 7,731 30 22 82 100 69 79 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 AmBank Group H1FY23 Results - Investor Presentation 37#38Business Banking (Reported) | Business Banking Income Statement YoY Growth 22% 23% 22% 43% 15% (56%) 57% 68% 54% RM' mil Net Interest Income Non-Interest Income Total Income Expenses PBP Impairment PBT Tax PAT H1FY23 257 69 326 (99) 227 (33) 194 (46) 148 H1FY22 211 56 267 (70) 198 (74) 123 (27) 96 H1FY23 PAT H1FY22 PAT Positive growth in H1FY23 Contraction in H1FY23 Balance Sheet (RM' mil/%) Key Ratios FY22 H1FY23 YTD Change FY22 H1FY23 YTD Change Gross Loans/Financing 18,736 19,336 3% GIL Ratio 1.42% 1.37% (0.05%) Gross Impaired Loans 266 265 CTI 27.4% 30.4% (3.0%) Customer Deposits 15,231 15,034 (1%) Loan Loss Coverage 89.5% 91.3% 1.8% CASA 8,282 7,731 (7%) ROA¹ 1.59% 1.57% (0.02%) CASA Mix 54.4% 51.4% (3.0%) 1. Annualised AmBank Group H1FY23 Results - Investor Presentation 38#39Islamic Banking (Reported) | Islamic Banking Income Statement YoY Growth 16% ▲ 12% ▲ 18% (60%) 97% ▲ >100% 94% RM' mil Total Income Expenses PBP Impairment PBT Tax & Zakat PATZ H1FY23 588 (160) 428 (73) 355 (82) 273 H1FY22 506 (142) 364 (184) 180 (39) 141 H1FY23 PAT H1FY22 PAT Positive growth in H1FY23 Contraction in H1FY23 Key Ratios Balance Sheet (RM' mil/%) FY22 H1FY23 YTD Change FY22 H1FY23 YTD Change Gross Financing 39,347 43,614 11% GIF Ratio 1.60% 1.41% (0.19%) Gross Impaired Financing 629 615 (2%) CTI 27.6% 27.2% (0.4%) Customer Deposits 37,590 40,150 7% Financing Loss Coverage¹ 114.3% 103.5% (10.8%) CASA 14,446 12,623 (13%) ROA² 0.36% 1.02% 0.66% CASA Mix 38.4% 31.4% (7%) 1. 2. Includes Regulatory Reserve Annualised AmBank Group H1FY23 Results - Investor Presentation 39#40Corporate Structure | Shareholding structure as of 30 September 2022 ANZ 21.6%¹ Retail Banking AmCorp 11.8% EPF 10.9% Wholesale Banking 100% AmBank (M) Berhad 100% MBF Cards (M'sia) Sdn Bhd 100% AmBank Islamic Berhad 100% AmInvestment Bank Berhad 100% AmInvestment Group Berhad Foreign shareholding excluding ANZ PNB 8.0%² AMMB Holdings Berhad Islamic Banking FY19 FY20 FY21 26% 24% 19% 1. ANZ: ANZ Funds Pty Ltd, a wholly owned subsidiary of Australia and New Zealand Banking Group Limited 2. Based on amalgamation of shares held by funds managed by PNB Others 47.7% Based on ROD dated 30 September 2022 General Insurance Life Assurance & Takaful 100% AMAB Holdings Sdn Bhd 100% AmGeneral Holdings Berhad 30% interest in combined businesses of AmGeneral Insurance Berhad and Liberty Insurance Berhad ~50% AmMetLife Insurance Berhad4 ~50% MetLife ~50% AmMetLife Takaful Berhad4 ~50% MetLife FY22 17% H1FY23 18% 3. On 28 July 2022, AMMB completed the sale of AmGeneral Insurance Berhad to Liberty Insurance Berhad and will be holding 30% equity interest in combined business of AmGeneral Insurance Berhad and Liberty Insurance Berhad via AmGeneral Holdings Berhad (previously was 51% equity interest) 4. MetLife owns 50% plus one share in AmMetLife Insurance Berhad, with the remaining shares held by AmBank Group, and AmBank Group owns 50% plus one share in AmMetLife Takaful Berhad, with the remaining shares owned by MetLife AmBank Group H1FY23 Results - Investor Presentation 40#41Glossary & Disclaimer | Glossary & Disclaimer of warranty and limitation of liability Reported Performance Reported performance refers to the financial performance as reported in the audited financial statements and disclosed to the market Growth Definition QoQ growth refers to Q2FY23 vs Q1FY23 YoY growth refers to H1FY23 vs H1FY22 YTD growth refers to H1FY23 vs FY22 Disclaimer on rounding differences Numbers may not add up due to rounding Disclaimer on restatement of comparatives The comparatives for business segments' financials have been restated to reflect current business realignment The information has been prepared by AMMB Holdings Berhad (AmBank Group or the Group) for information purpose and is believed to be correct at the time of presentation. No representation or warranty, express or implied, is given by or on behalf of AMMB Holdings as to the accuracy and completeness of the information or opinion contained in this presentation. This presentation does not purport to contain all information that may be required to evaluate AmBank Group or its financial position and should not be construed as an offer or recommendation to buy or sell securities. Neither does this presentation to form the basis of, or be relied in any connection with, any contract, investment decision or commitment whatsoever. Certain statements in this presentation may contain forward-looking statements. These forward-looking statements are based on current beliefs and expectations of the Group and are subject to significant risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. The term "AMMB Holdings" and "AmBank Group" denotes all Group companies within the AMMB Holdings Group and this Disclaimer of Warranty and Limitation of Liability policy applies to the financial institutions under AMMB Holdings. For further information, visit www.ambankgroup.com; or contact Yeoh Ru Hann Head, Group Finance - Investor Relations Email: [email protected]/ [email protected] Soh Yee Tyng Vice President, Group Finance - Investor Relations Email: [email protected] AmBank Group H1FY23 Results - Investor Presentation 41