#1Yale SCHOOL OF MANAGEMENT Program on Financial Stability EliScholar - A Digital Platform for Scholarly Publishing at Yale YPFS Resource Library 3-31-2022 Yes Bank Investor Presentation 2022 YES Bank Limited https://elischolar.library.yale.edu/ypfs-documents2/1600 This resource is brought to you for free and open access by the Yale Program on Financial Stability and EliScholar, a digital platform for scholarly publishing provided by Yale University Library. For more information, please contact [email protected].#2FAZ BANK YES Investor Presentation FY22 & Q4FY22 Financial Results YES BANK YES BANK YES BANK YES BANK YES BANK YES BANK YES ES BANK YES BANK YES BANK YES BANK YES BANK YES BA BANK yes de 1 affirmalarence: the aaw swifin Bassas Watement hide is correct, the requ ville complied wi 2 (in a y star address) an acknowled 11-41 vote in favour ofa proposition bank BANK ATES BARK YES BLINK YES BANKY BANK YES BANK YES BANK YES BANK YES B NK YES BANK YES BANK YES BANK YES BANK YES BAY ue pablic trust establishment rean and 3 an safeguarding ed as the receiver al deposer of loans, 4 the uve smer wealth. hooved it, ye#3Contents YES BANK Overview Financial Results Update Franchise GOLD YES/Prosperity YES for YOU EQUITY & MUTUAL FUNDS YES BANK YES BAI SBANK YE ANK YES BANK YES BANK YE MAYES BANK BANK YES BANK YES BAN YES BANK ES NK YES NK YES NK YES ANK YES BA SEANNES BANKES BANK YES BANK YE YESNK YES ANK YES BAN FRANK YES BAN ANES BANKNES BANK YE YENK YES ANK YES BAN ELAN YES BANK YES BANK YES BANES BANK YES BANK YES LAK YESEANK YES BANK YES BANK YES YES ANK YES BAN ESBAN YES BANK YES BANK YES BANK SBAN YES BANK LESEN KES ANY YES BANK YES EYESTANK YES BAN ES TANK TOSSENES BANK YES BANK YES BANK YES EYES BANK YES BK YES BANK YES TANK LAWANK YES BANK YES BANK YES BANK ANK YES STATES BANK YES BANK#4YES BANK - Overview YES BANK India's 6th Largest Private Sector Bank¹ Rebuilt the foundation in FY21, Focused on Growth & Profitability in FY22, and now Embracing the new & Shaping the next Physical Presence 1122 Branches Digital Presence UPI Market Share: -42% of 3 billion monthly transactions are powered by YES BANK P AePS Market Share: 18% of 200 million monthly 'off-us' transactions are powered by YES BANK across 1 mn+ BC outlets API Banking Leadership: 6,815 set ups done for customers so far Largest market share of ~14% in NEFT outward debit transactions Solutioning Approach CHALO YES BANK RuPay Introducing BEST CHALO YES BANK RuPay card to travel across Mumbai >> >))) Use any RuPay Contactless card for travel on BEST buses. PLATINUM E CHALO CARD मुंबई ► PREPAID CARD RuPay HA Excellence YES Bank wins Best IT Risk Management and Cyber Security Initiatives and Cloud Adoption in the Medium Banks category at 17th IBA Awards Launched an annual startup enabler program, YES BANK Agri Infinity, which seeks to co-develop digital financial solutions for the food and agriculture ecosystem by mentoring entrepreneurial ventures in the field Included in the FTSE All World index BVPS INR 13.5 YES Bankers 24,346 Total Assets INR 318,220 Crs Advances INR 181,052 Crs Deposits INR 197,192 Crs CD Ratio 91.8% CASA Ratio 31.1% Net Profit INR 1,066 Crs New Sanctions/ Disbursements ~INR 70,000 Crs CRAR Ratio 17.4% Advances Mix Retail Corporate 60%:40% ATM's/CRM's/BNA's 1,244 LCR 126.8% Relationship Strategy 1 Data as on Dec 31, 2021, based on Total Assets Net addition of 2,076 employees in FY22 Wholesale Banking SME Banking Approach With Execution Focused Management; Digital & Technology Key Enablers Complete array of financial products and solutions covering credit, deposit, transaction banking and digital propositions Data as on March 31, 2022/for FY22 as relevant Retail Banking 3#5Key Highlights for FY22 & Q4FY22 Continued improvement in performance across key indicators ■ • Profits at INR 1,066 Crs in FY22 - First Full Year Profit since FY19; INR 367 Crs in Q4 FY22 up 38.0% Q-o-Q Operating Profit at INR 2,916 Crs in FY22 & at INR 774 Crs in Q4 FY22 up 6.0% Q-o-Q YES BANK Sustained Earnings Improving Asset Quality Granular Growth & Capital Accretion Achievements & Initiatives 80 ◉ ° NIM at 2.3% for FY22 continuing to trend upwards - up ~5 bps Q-o-Q at 2.5% for Q4FY22 aided by ~10bps reduction in Cost of Deposits to 4.8% Total Provision Costs for FY22 at INR 1,480 Crs lower by 84% Y-o-Y, Q4FY22 Provision costs at INR 271 Crs declined 28% Q-o-Q GNPA ratio at 13.9% vs. 15.4% last year and 14.7% last quarter, NNPA ratio at 4.5% vs. 5.9% last year and 5.3% last quarter Slippages continue to trend lower - for FY22 at INR 5,795 Crs vs. INR 12,035 Crs in FY21 and for Q4FY22 at INR 802 Crs (Lowest in FY22) Resolution Momentum continues - Total Recoveries & Upgrades for FY22 at INR 7,290 Crs vs. INR 5,782 Crs in FY21 and INR 1,828 Crs for Q4FY22 Sustained improvement in quality, granularity and capital buffers • Balance Sheet grew ~ 16% Y-o-Y; C/D ratio continues to improve, at 91.8% v/s. 102.4% last year and 95.6% last quarter CET 1 at 11.6%; Total CRAR at 17.4%, Risk Weighted Assets to Total Assets continues to improve at 73.0% vs 84.4% last year Total Disbursements during the year at nearly 70,000 Crs; of which Retail Disbursements contributed 50% and crossed the INR 10,000 Crs milestone for the first-time last quarter. Retail & MSME: Corporate Mix improved by 300 bps Q-o-Q to 60:40 - Strategic Objective achieved one year ahead of time CASA ratio 31.1% v/s.26.1% last year and 30.4% last quarter, improvement of 70 bps Expanding geographical presence: Opened 50 new branches and Increase of 2,000+ YES Bankers in FY22 YES Bank wins Best IT Risk Management and Cyber Security Initiatives and Cloud Adoption in the Medium Banks category at 17th IBA Awards Launched an annual startup enabler program, YES BANK Agri Infinity, which seeks to co-develop digital financial solutions for the food and agriculture ecosystem by mentoring entrepreneurial ventures in the field Included in the FTSE All World index CARE Ratings upgrades credit rating to BBB+ from BBB and maintains outlook as Positive 4#6Strategic Objectives & Guidance Tracker Key Strategic Objectives FY 2020 FY 2021 (YBL Reconstruction Scheme) FY 2022 Guidance Status FY 2022 YES BANK FY 2023 Guidance CASA Ratio Retail & MSME: Corporate Mix Advances Y-o-Y Growth -29% 26.6% 26.1% > 30% Achieved 60%:40% 44%:56% 51%:49% Achieved Medium Term (FY23-25) Targets -3% >15% growth 31.1% 35% 60%:40% Further Improve mix by >400 bps 8% >15% growth Corporate -40% -15% Wholesale ~10% growth Sustained Momentum in granular and diversified business (11%) 10% growth Y-o-Y Growth Medium Ent -29% 10% 32% SME -10% -5% >25% growth SME & Retail Y-o-Y Growth ~20% growth Achieved 26% Retail -1% 23% C/D ratio 162.7% 102.4% < 100% Achieved Recoveries & Upgrades ~INR 5,782 Crs > INR 5,000 Crs 91.6% Achieved INR 7,290 Crs¹ RoA -7.1% 1 Includes Covid & MSME Restructuring of ~INR 1,150 Crs in FY22 -1.3% 1-1.5% Medium Term (FY23-25) Targets On Track 0.4% Sustain < 100% > INR 5,000 Crs >0.75% Medium Term Targets 1 - 1.5% LO#7Snapshot of Two Years Gone By - Return to Profitability All figures in INR Crs 257,827 273,543 318,220 1 Growth across Assets, Granular Advances & Deposits 2 Accelerated Granularization Deposits Book grew ~2x Back to growth post initial consolidation 51.1% CASA growth rate > 2x of Total Deposits 44.2% TOTAL ASSETS 171,443 166,893 181,052 ADVANCES ■31-Mar-20 ■31-Mar-21 ■31-Mar-22 105,364 162,947 DEPOSITS 197,192 4 Growth despite reduction in rates 5 Improved Capital Position 17.5% 17.4% CASA Acquisition improved from 30k accounts/month to 100K accounts / month Raised INR 15,000 Crs via FPO 6.5% 6.2% 5.9% 5.7% 5.4% 5.1% 6.3% 11.2% 11.6% 8.5% 4.9% 4.8% Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 CET 1 FY21 FY22 Cost of deposits 31-Mar-20 ■31-Mar-21 1 Excluding Extraordinary Item 2 Asset Quality CRAR ■31-Mar-22 60.0% YES BANK 3 Improvement in CD Ratio and Liquidity 42.2% 31.1% 26.6% 26.1% 140.2% 131.8% 122.9% 123.8% 116.1% 113.9% 117.6% 114.6% 99.7% 111.2% 102.4% 100.2% 97.8% 95.6% 91.8% 31-MAR-20 31-MAR-21 Retail & MSME Advances Mix 31-MAR-22 CASA Ratio Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 FY21 Average LCR FY22 CD Ratio 16.8% 15.4% 13.9% 6 Improving AQ² Trends - NPA & Overdue Trending Lower, Recoveries & Upgrades at a healthy growth 5.9% 5.0% 4.5% 13,703 11,565 7,248 5,542 5,747 FY22 profit at INR 1,066 Crs against losses of INR 3,462 Crs in FY21 and INR 22,715 in FY201 - First Full Year Profit since FY19 -7 7,290 5,782 Gross NPA (%) Net NPA (%) Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Total Recoveries & Upgrades ■31-Mar-20 ■31-Mar-21 ■31-Mar-22 ■31 -90 days overdue loans ■FY21 FY22 00#8Powering India's Digital Banking - Processes every 3rd Digital Transaction in the country 1 Market share is higher with progressive payment platforms¹ 41.5% Rank 1 2 Healthy Growth in Transaction Volumes across various (in crs) 43% 83% YES BANK 18.2% 13.3% 14.3% 6.3% 12.5 604 550 10.8 10.1 9.7 457 8.7 364 329 Rank 1 1.2% 1.6% 2.4% Deposit Loan RTGS NACH IMPS NEFT AEPS UPI Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 ■AEPS Transaction Volume Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 ■UPI Transaction Volume 3 Maximise participation in money flow through innovation and partnerships Prepaid Cards Gift, Payroll & Expense Management, Travel, Toll & Transit Payment & Collections Built around NPCI, Master & VISA Rails (UPI, IMPS, MoneySend, VISA Direct, Payment Gateways etc.) Assisted Digital Services Domestic Money Transfer, AEPS, Micro ATMs ☐ ☐ ☐ YES BANK processes nearly every 3rd digital transaction in the country which totals over 6 bn monthly Leader with more than 1 mn BCs and the 3rd largest player in Micro ATMs after launching them in March 2021 99.7% success rate on UPI transactions Largest stack of APIs: >6,500 Market leader for partnerships with Soonicorns & Unicorns 279% 1.7 1.8 153% الاسر التي 0.5 0.6 1.1 Q4 FY 21 Q1 FY22 Q2 FY22 Q3 FY22 Q4FY22 ■Nach Volume 1 NEFT - By Volumes Outward; RTGS - By Volumes Outward; IMPS - As per NPCI among peer banks; AEPS - Based on 'off us' transactions; UPI by Transaction volumes 9.3 6.6 16.6 14.9 12.7 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 ■NEFT Transactions (Outward Debit) 7#9Contents YES BANK Overview Financial Results Update Franchise GOLD YES/Prosperity YES for YOU EQUITY & MUTUAL FUNDS YES BANK YES BAI SBANK YE ANK YES BANK YES BANK YE MAYES BANK BANK YES BANK YES BAN YES BANK ES NK YES NK YES NK YES ANK YES BA SEANNES BANKES BANK YES BANK YE YESNK YES ANK YES BAN FRANK YES BAN ANES BANKNES BANK YE YENK YES ANK YES BAN ELAN YES BANK YES BANK YES BANES BANK YES BANK YES LAK YESEANK YES BANK YES BANK YES YES ANK YES BAN ESBAN YES BANK YES BANK YES BANK SBAN YES BANK LESEN KES ANY YES BANK YES EYESTANK YES BAN ES TANK TOSSENES BANK YES BANK YES BANK YES EYES BANK YES BK YES BANK YES TANK LAWANK YES BANK YES BANK YES BANK ANK YES STATES BANK YES BANK#10Performance Highlights (1/2) All figures in INR Crs YoY Growth Q4FY22 FY22 Q4FY22 FY22 Net Interest Income 1,819 6,498 84% -13% Profit 80 Non interest income 882 3,262 28% 8% & Loss Operating Expenses 1,927 6,844 19% 18% Operating Profit 774 2,916 1231% -37% Profit After Tax 367 1,066 Total Assets 318,220 Balance Sheet Net Advances 181,052 16% 8% Total Deposits 197,192 21% Shareholders Funds 33,742 2% FY22 FY21 Key Ratios NIM Cost to Income Return on Assets CET 1 Average LCR Book Value per share (INR) Credit Deposit Ratio 1 Adjusted for interest recoveries on NPA's & one offs 3 Excluding Certificate of Deposits 2.3% 2.8% 70.1% 53.8% 0.4% -1.3% 11.6% 11.2% 114.6% 113.9% 13.5 91.8% 13.3 102.4% 2 Adjusted for realised & unrealised gain on investments YES BANK Improvement across parameters Normalized NII for FY22 grew by nearly 3%1 Normalised Non-Interest Income for FY22 grew >40%² NIMS at 2.5% for Q4FY22, improved by 5bps sequentially Customer Deposits ³ at INR 192,928 Crs; up 7.7% Q-o-Q CASA Ratio at 31.1% v/s. 30.4% in Q3FY22; continued growth rate of >2x of overall deposits 11.4 Lac CASA accounts opened in FY22 vs. 6.6 Lac last year and 312K CASA accounts opened vs. 269K last quarter Top 20 Depositor concentration continues to improve at 14.2% vs. 17.5% in FY21 New Sanctions / Disbursements at nearly INR 70,000 Crs for FY22 CD Ratio further improved to 91.8% vs 95.6% last quarter CET1 Ratio at 11.6%#11Performance Highlights (2/2) YES BANK All figures in INR Crs Mar-21 Dec-21 Mar-22 Gross NPA 28,610 28,654 27,976 Asset quality trends continue to improve GNPA ratio at 13.9%, vs 14.7% last quarter Other Non Performing Exposures 10,425 8,897 8,503 NNPA ratio at 4.5% vs. 5.3% last quarter Total Gross Non Performing Exposures 39,034 37,551 36,479 Total Provisions held 25,992 25,574 26,419 Non Performing Exposures¹ Net Non Performing Exposures 13,042 11,977 10,060 Cumulative Technical Write-off # 17,208 16,579 16,302 • Net additions during the Quarter 9,728 (22) (277) Provision Coverage for above³ 76.8% 77.9% 80.9% Net Non-Performing Exposures lower by nearly INR 3,000 Crs in FY22 Slippages lower at INR 802 Crs vs. INR 978 Crs last quarter of which: Corporate slippages lower at INR 373 Crs vs. INR 435 Crs last quarter Retail slippages lower at INR 333 Crs vs. INR 388 Crs last quarter Standard Restructured Total Gross Restructured Loans 1,244 6,878 6,752 Loans² 61-90 days overdue loans 4,661 1,943 1,264 Overdue Loans continue to trend lower Of which Retail 234 275 227 Overdue Book 31-60 days overdue loans 9,042 5,305 4,483 • 61-90 days bucket lower by INR 679 Crs Q-o-Q 31-60 days bucket lower by INR 822 Crs Q-o-Q Of which Retail 1,057 688 815 1 NPA, NPI & ARC 2 Erstwhile, MSME 1.0 & 2.0, DCCO related & Covid 1.0 & 2.0 3 Including technical w/o # Only Corporate 10#12Profit and Loss Statement All figures in INR Crs YES BANK ■ Profits at INR 1,066 Crs in FY22 - First Full Year Profit since FY19 vs. Loss of INR 3,462 Crs in FY21 and INR 22,715 Crs in FY202 Operating Profits at INR 774 Crs up 6.0% Q-0-Q Net Interest Income at INR 1,819 Crs Quarter Ended Growth Year Ended Growth Q4FY22 Q3FY22 Q4FY21 Q-0-Q Y-o-Y FY22 FY21 Y-o-Y 1 Net Interest Income 1,819 1,764 987 3% 84% 6,498 7,429 -13% Non-Interest Income 882 734 689 20% 28% 3,262 3,012 8% Total Income 2,701 2,498 1,676 8% 61% 9,760 10,440 -7% Operating Expense 1,927 1,767 1,618 9% 19% 6,844 5,792 18% Human Resource Cost 772 733 574 5% 35% 2,856 2,430 17% - NIM at 2.5% up ~5 bps Q-o-Q Other Operating Expenses 1,155 1,034 1,044 12% 11% 3,989 3,362 19% - Sustained Reduction in cost of deposits while continuing to garner liabilities Total Provision Costs for FY22 at INR 1,480 Crs lower by 84% Y-o-Y, aided by Operating Profit/(Loss) 774 731 58 6% 1231% 2,916 4,648 -37% Provisions 271 375 5,113 -28% -95% 1,480 9,383 -84% Profit Before Tax 503 356 (5,055) 41% NM 1,436 (4,735) NM Tax Expense 136 90 (1,267) 51% NM 370 (1,273) NM — Lower slippages at INR 5,795 Crs, down 51% Y-o-Y Net Profit/(Loss) 367 266 (3,788) 38% NM 1,066 (3,462) NM Yield on Advances 8.2% 8.1% 6.9% 8.1% 8.8% - Higher recoveries and upgrades at INR 7,290 Crs, up 28% Y-o-Y Cost of Funds 5.1% 5.1% 6.0% 5.3% 6.3% Cost of Deposits 4.8% 4.9% 5.7% 5.0% 6.0% NIM 2.5% 2.4% 1.6% 2.3% 2.8% Cost to income 71.3% 70.7% 89.7% 70.1% 53.8% NM = Not measurable 1 Y-o-Y growth not comparable as NPA of the entire year was recognized during Q4FY21, given Supreme Court order 2 Excluding Extraordinary Item 11#13Break Up of Non-Interest Income All figures in INR Crs YES BANK ■ Core Fee Income drivers continue to show significant traction Sustained Momentum in Retail Banking Fees Corporate Trade, Cash Management & FX business continues to be strong Increased in Interchange Income on the back of higher digital penetration Quarter Ended Growth Year Ended Growth Non-Interest Income Q4FY22 Q3FY22 1 882 734 Q4FY21 Q-0-Q Y-o-Y FY22 FY21 Y-o-Y 689 20% 28% 3,262 3,012 8% Corporate Trade & Cash Management 173 148 154 17% 12% 619 530 17% Forex, Debt Capital Markets & Securities 118 124 115 -5% 3% 754 1,349 -44% Of which realized & unrealized gain/(loss) on investments (26) 23 23 16 NM NM 290 1,108 -74% Corporate Banking Fees 24 27 (1) -10% NM 100 (43) NM Retail Banking Fees 572 447 421 28% 36% 1,806 1,249 45% Trade & Remittance 69 Facility/Processing Fee 81 པ ཆ 58 36 19% 88% 236 188 26% 77 86 5% -6% 292 240 22% Third Party Sales 84 43 62 94% 35% 191 139 38% Interchange Income 200 144 132 39% 52% 596 382 56% General Banking Fees 138 124 104 11% 33% 490 301 63% 1 Break up includes one time loss on sale of asset amounting to ~ INR 12 Crs 12#14Break up of Operating Expenses All figures in INR Crs ■ YES BANK Operating Expenses for Q4FY22 higher Quarter Ended Growth Year Ended Growth by 19% Y-o-Y, due to Q4FY22 Q3FY22 Q4FY21 Q-0-Q Y-o-Y FY22 FY21 Y-o-Y Increase in provisioning for variable compensation of employees and corresponding headcount increase (2,000+ employees) Payments to and provisions for employees 772 733 574 5% 35% 2,856 2,430 18% Rent, Taxes and Lighting 104 108 117 -4% -11% 428 476 -10% Loan Sourcing Fees and DSA 209 181 159 16% 32% 678 402 69% Depreciation on Bank's property 97 98 98 -1% -1% 398 353 13% IT related expenses 119 113 5 85 6% 41% 446 354 26% Professional Fees & 128 70 Commission 70 22 92 82% 38% 359 247 45% PSLC Purchases 11 Insurance 58 449 NM NM 11 64 41 -10% 42% 218 147 49% Others 429 400 452 7% -5% 1,450 1,384 5% Total 1,927 1,767 1,618 9% 19% 6,844 5,792 18% NM 13#15Provisions and P&L All figures in INR Crs YES BANK Provisioning for NPA's from Slippages and Step up in PCR offset by: Quarter Ended Growth Year Ended Growth Q4FY22 Q3FY22 Q4FY21 Q-o-Q Y-o-Y FY22 FY21 Y-o-Y ~INR 400 Crs of recovery from written off accounts during the quarter Operating Profit 774 731 58 6% 1231% 2,916 4,648 -37% Provision for Taxation 136 90 (1,267) 51% NM 370 (1,273) NM INR 550 Crs of provision reversal from upgrades & recoveries during the quarter Provision for Investments 530 312 1,046 70% -49% 790 1,617 -51% Provision for Standard (475) (139) (2,482) 241% -81% (25) 690 NM Advances ~ INR 320 Crs of step up in provisioning for Security Receipts Provision for Non-Performing Advances 227 225 6,510 1% -97% 719 7,116 -90% Other Provisions (12) (23) 166 -49% NM (4) 290 NM Total Provisions 407 464 3,973 -12% -90% 1,850 8,440 -78% Net Profit (Loss) 367 266 (3,788) 38% NM 1,066 (3,462) NM Return on Assets (annualized) 0.5% 0.4% -5.7% 0.4% -1.3% Return on Equity (annualized) 4.3% 3.2% -43.2% 3.2% -11.4% Earnings per share-basic (non- annualized) 0.15 0.11 -1.51 0.43 -1.63 With respect to 3 borrowers accounts classified as fraud during Q4 FY22, aggregate provision of Rs. 475 crs. has been made through balance in profit and loss account under 'Reserves and Surplus'. NM Not Measurable 14#16Balance Sheet All figures in INR Crs Balance Sheet grew 16% Y-o-Y, while continuing to improve C/D ratio at 91.8% v/s. 95.6% last quarter 31-Mar-21 31-Dec-21 31-Mar-22 Growth % (Q-0-Q) YES BANK Growth % (Y-o-Y) Assets CASA ratio 31.1% v/s. 30.4% last quarter 273,543 304,597 318,220 4% 16% Advances 166,893 176,241 181,052 3% 8% New Sanctions / Disbursements at nearly INR 70,000 Crs for FY22 ⚫ Gross Retail Assets Disbursements of nearly INR 33,000 Crs in FY22 (INR 10,201 Crs for Q4 FY22) ⚫ Rural Disbursements of nearly INR 2,500 Crs (INR 857 Crs for Q4FY22) ⚫ SME Disbursements of nearly INR 18,000 Crs (INR 5,089 Crs for Q4FY22) ⚫ Wholesale Banking Disbursements of nearly INR 16,000 Crs (INR 3,776 Crs for Q4FY22) Investments Liabilities 43,319 53,377 51,896 -3% 20% 273,543 304,597 318,220 4% 16% Shareholders' Funds 33,196 33,873 33,742 0% 2% Total Capital Funds Deposits Borrowings 40,321 40,690 40,397 -0.7% 0.2% 162,947 184,288 197,192 7.0% 21% 63,949 71,906 72,205 0% 13% 15#17Advances Book Split 42.6% Corporate 1 Split basis gross retail advances 40.0% Break up of Advances & Deposits All figures in INR Crs Sustained Granularization of Balance Sheet: CASA + Retail TDs at 61.6% v/s 61.3% in Q3FY22 Average daily CA grew by 50.3% Y-o-Y 31-Mar-21 31-Dec-21 31-Mar-22 QoQ Growth (%) YoY Growth (%) Current Account Deposits 18,997 24,522 26,389 8% 39% Savings Bank Deposits 23,590 31,475 34,970 11% 48% CASA 42,587 55,997 61,360 10% 44% - Average daily SA grew by 41.2% Y-o-Y CASA Ratio 26.1% 30.4% 31.1% ~311K CASA Accounts opened in Q4FY22 Term Deposits (TD) 120,359 128,291 135,832 6% 13% of which CDs 6,896 5,080 4,264 -16% -38% Retail Advances mix at 36.0% v/s. 33.7% in Q3FY22 Total Deposits 162,947 184,288 197,192 7% 21% 10.7% 10.8% 13.0% 13.1% Medium Enterprises SME Retail Book Size: INR 181,052 Cr Retail Banking Assets¹ 1% 1% 2% 33.7% 36.0% ■31-Dec-21 ■31-Mar-22 9% 2% 2% 0 14% 15% 17% 20% 17% ■ Secured Business Loans ■ Personal Loans ■ Auto Loans ■Commercial Vehicle Loans ■ Home Loans ■ Construction Equipment Loans ■ Healthcare Finance Loans ■ Business Loans Loan Against Securities Inventory Funding ■ Others 16 YES BANK#18Break up of Investments Total Net Investments at INR 51,896 Crs SLR INR 43,708 Crs NSLR INR 8,188 Crs . Standard Performing - INR 5,981 Crs Net NPI - INR 247 Crs Investments Break Up HTM 4% • ― Others1 INR 1,960 Crs ☐ TLTRO investments during the quarter at SLR 84% NSLR 16% INR 125 Crs (part of HTM) AFS 10% 1 Includes Equity Preference, Investment in ARC & Others YES BANK Rating wise break up of Standard Performing NSLR Investments 61.0% HFT 2% 0.4% 0.1% 4.2% 34.4% ■ ААА ■ AA ■ A ■ BB and Below ■ Unrated 17#19NPA Highlights All figures in INR Crs YES BANK Significant improvement across segments Asset Quality Parameters Gross NPA (%) - Gross NPA Ratio at 13.9% vs 14.7% last quarter Net NPA (%) 31-Mar-21 15.41% 31-Dec-21 31-Mar-22 Provision Coverage Ratio¹ (%) 5.88% 78.6% 14.65% 5.29% 79.4% 13.93% 4.53% 81.5% - Slippages lower at INR 802 Crs for Q4FY22 。 Corporate slippages lower at INR 373 Crs vs. INR 435 Crs last quarter ⚫ Retail slippages lower at INR 333 Crs vs. INR 388 Crs last quarter 31-Mar-21 31-Dec-21 31-Mar-22 Segmental GNPAS GNPA (%) GNPA (%) GNPA (%) Retail 1,489 2.9% 1,279 2.1% 1,093 1.7% SME 784 3.7% 767 3.3% 739 3.1% Medium Enterprises 391 2.6% 397 2.1% 401 2.0% - Upgrades at INR 3,590 Crs for FY22 Corporate Total 25,946 26.4% 28,610 15.4% 26,212 28,654 28.2% 25,743 28.4% 14.7% 27,976 13.9% Cash Recovery 2 - INR 3,700 Crs for FY22 31-Mar-21 Movement 31-Mar-22 Movement of NPA Retail Opening 1,489 Additions Upgrades Recoveries Write Offs Closing 2,369 1,555 338 873 1,093 ☐ Principal Recovery - INR 2,006 Crs SME 784 482 262 246 17 739 ㅁ Interest Recovery - INR 297 Crs Medium Enterprises 391 128 56 63 401 Recovery from Written Off Accounts Corporate 25,946 2,816 1,717 1,221 81 25,743 - INR 1,397 Crs 1 including technical write-offs 2 Including NPI recovery Total 28,610 5,795 3,590 1,868 971 27,976 18#20Summary of Labelled & Overdue Exposures All figures in INR Crs YES BANK ■ Overdue Loans continue to trend lower 31-Mar-21 31-Dec-21 31-Mar-22 In INR Cr Gross Provisions Gross Provisions Gross Provisions " -61-90 days bucket lower by INR 679 Crs Q-o-Q 31-60 days bucket lower by ~INR 822 Crs Q-o-Q Drag of Labelled Exposures on Bank's profitability has significantly reduced Y-o-Y resulting into Net Profitability. This is driven by NPA 28,610 18,796 28,654 19,331 27,976 19,771 Other Non-Performing Exposures NFB of NPA accounts 10,425 7,196 8,897 6,243 8,503 6,647 1,671 382 1,422 332 1,097 206 ΝΡΙ 6,586 6,067 5,329 4,810 5,268 5,021 ARC 2,168 747 2,145 1,101 2,138 1,420 Total Non-Performing Exposures Technical Write-Off 39,034 25,992 37,551 25,574 36,479 26,419 17,208 16,579 16,302 Provision Coverage incl. Technical W/O Std. Restructured Advances1 76.8% 77.9% 80.9% 1,244 75 6,878 753 6,752 760 Rise in Recoveries and Upgrades Erstwhile 138 7 26 1 26 1 - Lower slippages DCCO related 861 43 1,749 87 1,744 87 MSME (Covid) 0 0 1,050 101 1,016 98 Covid 246 25 4,052 563 3,966 573 Other Std. exposures² 1,183 492 124 43 98 34 61-90 days overdue loans 4,661 1,943 1,264 Of which Retail 234 275 227 31-60 days overdue loans Of which Retail 9,042 1,057 5,305 4,483 688 815 1. Already Implemented as of respective date; Erstwhile category represents Standard Restructured accounts and does not include withdrawn categories such as SDR, S4A etc. 2. Where provisioning has been made as per requirement of RBI circular on Prudential Framework for Resolution of Stressed Assets dated June 7, 2019 19#21Capital Sufficiency: CET 1 ratio at 11.6% 1 Bank's Capital Adequacy Ratio¹ 17.5% 6.2% 11.2% 31-Mar-21 17.7% 6.1% 11.6% Tier II Capital lower by INR 500 Cr Q-o- Q predominantly due to grandfathering of Basel II Compliant Bonds & Discounting of Basel III compliant bonds, based on Residual Maturity Tenure 17.4% 5.8% □ CRAR 11.6% 31-Dec-21 2 RWA to Total Assets trending lower, while Risk Adjusted Returns are improving 1 Includes Profits 82.1% 79.3% 31-Mar-22 0.64% YES BANK ■TIER II ■CET 1 CET 1 Ratio comfortable at 11.6% Recoveries and Operating Profits to sufficiently cover for future slippages and growth Deferred tax asset of nearly INR 6,000 Cr deducted from net-worth for computing CET 1, representing nearly 260 bps, to further aid Bank's CET 1 over time 0.46% RoRWA 0.39% 0.36% RWA / TA 75.3% 73.0% 30-Jun-21 30-Sep-21 31-Dec-21 31-Mar-22 20#22Contents YES BANK Overview Financial Results Update Franchise GOLD YES/Prosperity YES for YOU EQUITY & MUTUAL FUNDS YES BANK YES BAI SBANK YE ANK YES BANK YES BANK YE MAYES BANK BANK YES BANK YES BAN YES BANK ES NK YES NK YES NK YES ANK YES BA SEANNES BANKES BANK YES BANK YE YESNK YES ANK YES BAN FRANK YES BAN ANES BANKNES BANK YE YENK YES ANK YES BAN ELAN YES BANK YES BANK YES BANES BANK YES BANK YES LAK YESEANK YES BANK YES BANK YES YES ANK YES BAN ESBAN YES BANK YES BANK YES BANK SBAN YES BANK LESEN KES ANY YES BANK YES EYESTANK YES BAN ES TANK TOSSENES BANK YES BANK YES BANK YES EYES BANK YES BK YES BANK YES TANK LAWANK YES BANK YES BANK YES BANK ANK YES STATES BANK YES BANK#23Retail Bank: Full spectrum retail bank growing with strong momentum All figures in INR Cr Pan-India presence via 1,122 branches, 95 BC banking outlets and 1,244 ATMs, CRM'S & BNA'S 54% of branches in Top 200 deposit centers Strong growth in Retail Advances YES BANK Highest Ever +30% p.a. 49,973 50,367 54,821 59,476 65,250 Q4FY21 Q1FY22 As % of total advances 30% 31% Q2FY22 32% Q3FY22 34% Q4FY22 37% Cater to all customer segments (HNI, affluent, NRIs, mass, rural and inclusive banking) with full product suite ~90% of transactions via digital channels ...along with growth in CASA and Retail Term Deposits +29% p.a. 94,091 98,768 108,013 112,962 121,535 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 As % of total deposits 58% 60% 61% 61% 62% Leadership / significant share in payment and digital businesses (UPI, AEPS, DMT) Advanced score- cards and analytics being leveraged across underwriting and engagement In addition, continued momentum within Retail Fee Income Highest Ever 421 342 444 447 551 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 22#24Retail Assets: Fast growing diversified book All figures in INR Crs 1 Retail asset disbursements momentum continues 7,530 5,006 Q4FY21 Q1FY22 3 Diversified retail book1 Highest Ever ■ Secured Business Loans 1% 1% ■ Personal Loans 2% 10,201 9,313 ■ Auto Loans 20% 8,478 9% ■Commercial Vehicle Loans 2% 2% ■ Home Loans ■ Construction Equipment Loans ■Healthcare Finance Loans 14% Business Loans ■Loan Against Securities Inventory Funding 15% 17% Q2FY22 Q3FY22 Q4FY22 ■ Others 17% YES BANK Preferred financier status with leading Auto OEMS Dedicated, verticalized structures to focus on individual products & improved governance (e.g. Product head, NSM, Credit Head) 2 On the back of purposeful digital investments LOAN in seconds Your dreams, just a click away. YES RO BOT >IGI GOLD A Digital Gold Loan Overdraft Account 1 Split basis gross retail advances Loan in seconds (LIS) platform and front-end automation initiatives (Yes Robot) have resulted in lower TAT along with higher productivity Sales Force implementation helping in process improvement and customer delight Pre-qualified Gold Loan OD for existing customers 24x7 digital process 4 Strong focus on book quality & collections Retail Assets collections efficiency at 97.3% for month of March 2022 95.0% Q4FY21 96.0% Q1FY22 93.0% Q2FY22 96.7% 95.0% Q3FY22 Q4FY22 High share of secured loans in Retail Assets book - 81%, with healthy LTV ratios: Avg. LTV for Affordable Home Loan ~69% Avg. LTV for LAP -56% 23#25Rural Assets: Deepen the penetration in emerging rural markets & generate Agri PSL All figures in INR Crs 1 Business originations (disbursements) returning towards normalcy 1,286 Q4FY21 YES BANK 3 Robust Farmer financing book & improved collections in JLG book High quality farmer financing book with NPA < 0.5% NPA <2% in the book generated post-COVID (disbursements on or after April 1, 2020; constitute ~87% of total book); inline with the microfinance industry standards. Collection efficiency in JLG book improved significantly On ground portfolio monitoring/trigger-based monitoring by an independent risk monitoring team ☐ 830 887 857 286 Q1FY22 Q2FY22 Q3FY22 Q4FY22 100% book qualifies under granular PSL lending Product suite to cater to all segments of semi urban/ rural ecosystem Parameterized lending in the granular book for faster disbursements 2 Capturing Rural value chain with geographic diversification Book Split (value) by segments 35% 13% 4% 48% Book size INR 4,100 Cr ■ JLG financing ■ Institutional MFI financing ■ Farmer financing (KCC + Farm Mechanization) ■ MSME financing Diversified portfolio across ~225 districts in 14 states Rich pedigree of working with credible BC partners Grid based framework for MFI lending (Parameters include AUM size, capital adequacy, external rating, delinquency, diversification etc.) 4 Analytics for expansion towards paperless processing Digital & Analytics to enhance customer experience / reduce TAT Digital on-boarding, dedicated LMS for rule based sanctions & disbursements and geo-tagged based monitoring Usage of Bureau data up to PIN code level for geographical expansions & periodic portfolio scrub to monitor portfolio health Leveraging Fintech/ digitechs for underwriting and risk management 24#26Small & Micro Enterprises: Granular book creation with a solution led approach All figures in INR Crs 1 Steady momentum in disbursements¹ 4,092 4,576 4,940 5,089 3,242 YES BANK 3 Strengthening Relationship Management Cross Sell (Units) 18,215 12,498 14,068 14,333 9,730 9,759 Liability Book 10,647 11,731 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY22 Q2FY22 Q3FY22 Q4FY22 One stop solution approach for all needs of entity and promoters Comprehensive borrower assessment: Pre-approved retail asset products offering along with business banking limits (Industry first initiative) Q1FY22 Q2FY22 Q3FY22 Q4FY22 Dedicated teams for shaper focus in business originations & portfolio management 100% business originations from internal channels Parameterized lending enabling faster credit decisioning 2 High quality & well diversified granular book Book Split by Ticket Size 11% 15% 4% 5% 25% Upto 0.5 Cr ■ 0.5-1 Cr ■ 1-2 Cr ■ 2-5 Cr ■ 5-10 Cr ■ >10 Cr 40% Distributed portfolio leading to reduced concentration risk Portfolio secured by collateral in addition to primary security of stock & book debts Customer churning and portfolio utilization at pre-covid level - reflecting portfolio strength. Dedicated Physical RMs for relationship deepening across trade, retail, API banking, etc Virtual RMs support to enable customers for engagement, services, enhancements & cross sell 4 Digital and Analytics at fulcrum of the franchise Digital & Analytics to enhance customer experience / reduce friction Analytics driven prospective client identification Digital Lending Platform - Seamless customer approval experience Self-assist digital tools - MSME App, Trade-On-Net, FX Online, etc. Robust EWS framework - early identification of incipient sickness & support frontline in remedial management 1 Includes Limit Setups 25#27Credit Cards: Resumption in business with an increase in cards base coupled with strong growth in spends YES BANK 1 Total cards base has grown consistently 873 8% Y-o-Y 946 Q4 FY20 26% Y-o-Y 1195 Q4 FY21 Q4 FY22 2 Strong Growth in Book & Card spends All figures in INR Cr 49% Y-o-Y 25% Y-o-Y 17% Y-o-Y 38% Y-o-Y 2289 2159 1658 1451 1160 3 Differentiated Product Offering, Focused digital initiatives, Partnerships & Alliances In (000s) Comprehensive suite of 16 Products covering Consumer and Commercial Cards Most rewarding Rewards Platform, allowing customers to share & adjust reward points against statement outstanding with Reward Points that never expire Best Foreign Currency Markup on select card variants & Hosted on most stable technology platform Vision+ (Fiserv) and Falcon (risk monitoring platform) Digitization of value-added offerings through self-service portal to enhance customer experience Partnerships with Fin-techs and affiliates to bolster distribution outreach Book Size Spends 2675 4 Digital Onboarding & Product Launches Customer onboarding through ‘End To End digital journey' in partnership with TransUnion CIBIL Equipped with Video KYC for a 'NO Contact' processing. Video KYC penetration at 63% in Mar'22 70% of Fresh Issuance through digital modes in Q4FY22 Achieved monthly (Mar'22) run rate of 55,000+ new card issuance and INR 1,000 crore + of spends Book size of INR 2,150 Cr+ in Q4, FY'22. Q4 FY20 Q4 FY21 Q4 FY22 26#28Wholesale Banking: Strong growth in transaction banking and granularization of incremental lending book All figures in INR Crs 1 Corporate Book & Disbursements - Debulking Continues Book Disbursements 1 81,615 79,438 76,953 75,012 72,419 3,749 2,684 3,037 2,591 2,837 Q4FY21 Q1FY22 Q2FY22 2 Medium Enterprises Break up - Granularity improving Q3FY22 Q4FY22 17,312 15,883 14,811 13,448 Q4FY21 858 1 Excludes movement of CC/OD Q1FY22 588 1,145 Q2FY22 Q3FY22 1,011 Book YES BANK 3 Providing tailored solutions to clients across business segments Strong relationships with large corporate groups and conglomerates Experienced Relationship bankers across 10 locations with pan-India coverage Working Capital solutions, Trade Finance, Debt Capital Markets (Bonds, CPs), Forex, Cash & Liquidity Management, Digital Solutions, Supply Chain programs, Project and Capex Financing, Advisory & Offshore banking, Large Corporates Diversified Sector focus - Cement, Steel, Electronics, FMCG, Auto, IT, Chemicals, Healthcare & Pharma, Agri & Food Products, Warehousing & Logistics, Renewables, Engineering, Roads, Data Centre, Refineries. Steady growth in Trade non-fund business (Letters of Credit and Bank Guarantees) and Supply Chain Financing Strong base for Corporate Payroll Accounts, Private Banking & Retail cross-sell Divided into 4 focused segments with a relationship-based approach and pan-India presence Institutional Disbursements 1 & Govt Banking Group 18,830 Q4FY22 Medium Enterprises (Emerging Local Corporates) 939 Financial Markets • Indian Financial Institutions Banking Government Banking Multinational Corporate Banking International Banking Tailored solutions to corporates with turnover between INR 100 to INR 1,500 cr. Deeply entrenched in new-age entrepreneurship ecosystem by providing bespoke digital solutions, incubation and networking platforms Customized solutions for foreign exchange risk management to more than 35,000 clients pan India. Strong debt capital markets and primary dealership franchise offering origination and distribution services on Fixed Income to clients 27#29Transaction Banking: Annuity income through Trade and Cash Management 1 Book has seen strong growth in non-credit throughput¹ 4.8 x 4.5 x 4.0 x 3.8 x 3.0 x 2.7 x 1.7 x 1.8 x 1.5 x 1.5 x 1.4 x 1.3 x 1.0 x 1.0 x 1.4 x 1.2 x Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 ■Corporate Trade & Cash Management Fees ■Non Credit Throughput 2 ... on the back of an industry leading API banking and technology stack Strong growth in total API integrations... 6,196 4,865 3,904 3,950 3,298 1,588 1,752 1,956 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 FY21 FY22 1 Corporate Trade & Cash Management Fees and Non-Credit Throughput values rebased at 1.0X for Q1FY21 2 Startups with a valuation of > $100 mn and < $1bn YES BANK 3 Strong growth in API led transaction banking throughputs 97% of our Corporate CASA is embedded with Transaction Banking solutions thereby making it granular, sticky & sustainable. ~80% of our Corporate CASA clients has atleast 2+ Products embedded 98% of our Cash Management thruput now comes from Digital modes. Our Digital Trade onboarding also saw 106% YoY growth Thruput from Fintech & Ecommerce grew 200% YoY, Financial Institutions grew 84% YoY, RDA (Remittances) business grew 160% YoY of which UPI driven remittances grew 500% YoY Our Connected Banking platform (leveraging Retail & Corporate Synergies) saw 13 additional partners activated under Connected Banking proposition with leads generated across partners growing 156% YoY, lead conversion ratio growing 100% and thruput routed thru our partners growing 500x. This will be key focus for the Bank going forward TReDS platform increasing 600% YoY and Exports Book grew 40% YoY Supply Chain business onboarded 900 new D/V accounts, cumulatively contributing 21% of our Business Banking Asset book Trade linked Non-Credit flows (Export/Import/Remittances) grew 67% YoY Corporate Client Management (Implementation & Service) saw robust traction in deepening client engagement 4500+ Transaction Banking mandates implemented this year (YoY 55% growth) 90% of our Corporate CASA clients is covered by a dedicated Client Service team providing top notch attention to their transactional queries ~350,000 client queries addressed successfully by our Corporate Client Management team with 91% FTR & 93% TAT adherance. As part of its new formal initiative, Bank engaged with 350+ Strategic Influencers to augment its inorganic acquisition channel and 12 MOUS signed. This will see accelerated focus in coming years. 28#30Technology: Transformation initiatives - Aligned to Business growth YES BANK Enable a connected Ecosystem Drive Cloud Adoption Enhance to an API first, microservices business architecture enabling faster integration with B2B customers and partners across journeys. Embark on a "Zero Operations" Journey - Deliver efficiency | Reduce Risk | Drive growth Enable Data led decisioning with AI/ML overlays. Interleave into journeys Next Gen Cloud architecture enabling - Scale | Service | Secure | Compliance. Work with 2 Hyper Scaler partners to drive our key applications into cloud. Flexibility for dynamics workloads | Development Environments | Data Lake | Dev- Ops | Remote Monitoring | Automation Frictionless onboarding / service journeys Self Onboarding API capability – Short window to monetization Digitization of back office workflows On demand business scalability - volume driven Enhanced Dev Ops / Change Management Demonstrate Robust Business Assurance Establish strong governance and processes across technology - change & operating functions with focus on Risk - Information Security - Compliance Implement and drive a strong Project Management Governance framework supporting agile delivery methodologies Enhance Security posture across landscape Ensure complete compliance to regulatory directives Deliver Total Experience Collaborative journeys defining customer plus ecosystem experience | Delivered through Platforms across channels Talent Management supporting employee career | Employee Lifecycle Management delivering Superlative Employee Experience ■ Customer Experience - Personalized Employee Experience - Single Interface ■ User Experience - Device experience 29 29#31Strong people focus: Stable leadership with focus on up-skilling talent, objective performance management & enabling employee flexibility Stable & highly experienced leadership team YES BANK Top Management with average vintage of 9 years within the bank combined with new talent from the industry. Band Q4FY221 Average Vintage 1 YES Bank has been ranked No. 2 amongst Large-Sized Banks in the Best places to work in India 2021 awards, conducted by AmbitionBox.com. Top 65 8.8 Management Investing in the right skillset & talent Nurturing an inclusive culture Employee flexibility and welfare " " " YES School of Banking focusses on role and skill-specific trainings and certifications.33,153 training days were clocked in Q4FY22 and 1,36,700 training days in FY22. YES Professional Bankers and YES FORCE Programs were launched in Q4FY22.These Source-Train-Hire Model programs will help Bank build a robust talent pipeline across various functions. During Q4FY22, 125 profiles (456 profiles since April 2021) with technology, product, digital and analytics background were recruited to strengthen our digital leadership. 360-degree Feedback Assessment tool was launched for Top & Senior Management Leaders to help them identify their strengths and areas of opportunity based on the feedback received. Launched Leadership Programs, APEX based on 'Conscious Leadership' for all Top & Senior Management leaders and 'EVE'olution' for women leaders, an initiative focused on upskilling and development of women executives The 'Voice of YES' Employee Survey 2022 was conducted to understand the views and opinions of all employees. The inputs will get integrated into action plans that will help in making YES BANK a great workplace to work. Hybrid working models under the Bank's Working from Anywhere (WFA) policy have been enabled for employees. Over 3000+ employees at our Corporate Office (YES BANK House) have the option to avail Flexi work timings. Senior Management 258 8.1 Middle Management 3,049 5.0 Junior Management Total 20,974 2.1 24,346 Net addition of 2,076 staff over the headcount of March 31, 2021 1 Data as on March 31, 2022 30#32Responsible franchise committed to a purposeful ESG agenda V.E, Moody's ESG Solutions Amongst "100 Best Emerging Market Performers" ranking" MSCI Included in the MSCI ACWI's ESG Universal, Low Carbon Leaders, Low Carbon Target, Climate Change, Climate Paris Aligned Indexes DJSI Emerging Markets Index (2015- 2018). FTSE4Good Emerging Index (2017-2019) YES BANK Key Highlights First Bank globally to have 732 facilities under its ISO certified 14001:2015 Environmental Management System First Indian Bank to measure and report financed emissions of its electricity generation loan exposure aiming to align with SBTI 1.5 degree scenario First Indian Bank to be a Founding Signatory to UNEP FI Principles for Responsible Banking and to sign the Commitment to Climate Action, striving to align its business strategy with the Paris Climate Agreement Inclusive & Social Banking delivering access to finance to 9.5 lakh women in unbanked areas Building Resilience against ESG risk Balance: Sustainability & Profitability Capitalizing on Sustainable Finance opportunities 1 Addressing Climate & ESG Risk Adopted an Environment and Social Policy (ESP), integrating E&S risks into overall credit risk assessment framework 2 Net zero by 2030 3 Committed to reduce greenhouse gas (GHG) emissions from operations to net zero by 2030. Switched to renewable energy at the Bank's headquarters, YES BANK House Enhancing governance & disclosures Constituted board = level CSR and ESG committee; Instituted Human Rights Policy and Responsible Tax Policy Enhanced sustainability disclosures aligned to Global Reporting Initiative, Taskforce on Climate-related Financial Disclosures (TCFD) recommendations 4 Engaging stakeholders Associated with the Task Force on Sustainable Finance (constituted by the Department of Economic Affairs, Ministry of Finance, Government of India) as a co-lead of the work stream 'Building Resilience in the Financial Sector' 5 Promoting sustainable finance Launched India's first Green Bond and first Green Fixed Deposit#33Credit Rating CARE Upgrades: YES BANK Ratings across all agencies at all time lows: March 2020 INDIA Ratings Outlook-keeps Ratings Watch Evolving (RWE) March 18, 2020 ICRA Downgrades Basel II Upper Tier II to D from BB CARE Downgrades Basel II Upper Tier II to D from C Outlook-Credit Watch with Developing Implications June 23, 2020 INDIA Ratings Upgrades BASEL III Tier II to BBB- from B+ Infrastructure Bonds to BBB from BB - Long Term Issuer Rating to BBB from BB- August 27, 2020 BASEL III Tier II to BBB from C BASEL II Tier I to BB+ from D BASEL II Upper Tier II to BB+ from D BASEL II Lower Tier II to BBB from B Infrastructure Bonds to BBB from B Outlook-Stable November 9, 2020 March 16, 2020 March 24, 2020 ICRA Upgrades: Moody's Upgrades issuer rating to Caa1 from Caa3 with a positive outlook International Rating Moody's Investors Service Domestic Rating CRISIL ICRA India Ratings CARE BASEL III Tier II to BB BASEL II Upper Tier II to BB from D BASEL II Lower Tier II to BB+ from D Infrastructure Bonds to BB+ from D Short Term FD/CD Programme to A4+ from D August 3, 2020 Moody's Upgrades issuer rating to B3 from Caa1 with a stable outlook September 11, 2020 ICRA Upgrades BASEL III AT 1 to C from D BASEL III Tier II to BBB- from BB BASEL II Tier I to BB+ from D BASEL II Upper Tier II BB+ from D BASEL II Lower Tier II BBB from BB+ Infrastructure Bonds to BBB from BB+ Senior Rating & Outlook Upgrade: ICRA: BBB; Stable India Ratings: BBB; Stable CRISIL: BBB+;A1 short term; Stable Moody's B2; Positive CARE: BBB+; Positive Short-term Not Prime Short-term Long-term B2 Long-term Outlook Positive Outlook Basel III AT I Tier II TI Basel II UT II Infra Bonds LT II BBB+ BBB+ Stable A1 BBB- BB+ BB+ BBB BBB Stable BBB- BBB Stable BBB+ BBB- BBB+ BBB+ Positive 32#34Strong Investor base Well diversified Investor base: Category Financial Institutions Individuals FPI's % 38.8% 34.2% Shareholding Pattern as on March 31, 2022 11.0% 51.1% 7.4% Body Corporates Insurance Companies 5.0% Others 3.6% TOTAL 100.0% 1 LIC along with its various schemes ■ STATE BANK OF INDIA YES BANK 1 ■ LIFE INSURANCE CORPORATION OF INDIA 30.0% ■ HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED 1.5% 1.2% 4.0% 1.2% -1.2% 3.0% 2.0% 5.0% ■ ICICI BANK LIMITED ■ AXIS BANK LIMITED ■ KOTAK MAHINDRA BANK LTD ■ BANDHAN BANK LIMITED ■ AMANSA HOLDINGS PRIVATE LIMITED IDFC FIRST BANK LIMITED Others 33#35Robust Governance Structure Simplified Organization Structure Prashant Kumar MD & CEO Eminent and Experienced Board 4 YES BANK Rajan Pental Global Head, Retail Banking Rajanish Prabhu Country Head, Credit Cards & Merchant Acquiring Ravi Thota Country Head, Large Corporates Arun Agrawal Country Head, Institutional & Govt Banking Gaurav Goel Country Head, Emerging Local Corporates Ajay Rajan Country Head, Transaction Banking Amit Sureka Country Head, Financial Markets Akash Suri Country Head, Stressed Asset Management Indranil Pan Chief Economist 1 Reports directly to the Risk Management Committee of the Board 2 Reports directly to the Audit Committee of the Board 3 Reports directly to the Chairman of Board Niranjan Banodkar Chief Financial Officer Anurag Adlakha Chief Human Resources Officer Anita Pai Chief Operating Officer Rakesh Arya Chief Credit Risk Officer Sandeep Mehra Chief Vigilance Officer Sumit Gupta 1 Chief Risk Officer Ashish Chandak² Chief Compliance Officer Kapil Juneja² Chief Internal Auditor Shivanand R. Shettigar³ Company Secretary Sunil Mehta Non-Executive Chairman Prashant Kumar Managing Director & CEO Mahesh Krishnamurti Non-Executive Director Atul Bheda Non-Executive Director PER THE GAZETTE NOTIFICATION - YES BANK RECONSTRUCTION SCHEME 2020 e e e e Rama Subramaniam Gandhi Additional Director Ananth Narayan Gopalakrishnan Additional Director ADDITIONAL DIRECTORS APPOINTED BY RBI Rekha Murthy Non-Executive Director V. S. Radhakrishnan Non-Executive Director Atul Malik Non-Executive Director Ravindra Pandey Non-Executive Director SBI NOMINEE DIRECTORS Sharad Sharma Non-Executive Director CO-OPTED DIRECTORS under Para 5 (5) of Reconstruction Scheme 4 As per Para 5(7) of the YES Bank Reconstruction Scheme, 2020 - Members of the Board, other than the additional directors, so appointed shall continue in office for a period of one year, or until an alternate Board is constituted by reconstructed bank, whichever is later. 34#36YES BANK Thank You Disclaimer: No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of information or opinions contained herein. The information contained in this presentation is only current as of its date. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements", including those relating to YES Bank's general business plans and strategy, its future financial condition and growth prospects, and future developments in its industry and its competitive and regulatory environment. There is no assurance that such forward looking statements will prove to be accurate, as actual results may differ materially from these forward-looking statements due to a number of factors, including but not limited to future changes or developments in the Bank's business, its competitive environment and political, economic, legal and social conditions in India and other parts of the world. The forward-looking statements in this presentation are based on numerous assumptions and these statements are not guarantees of future performance and undue reliance should not be placed on them. The Bank expressly disclaims any obligation to disseminate any update or revision of any information whatsoever contained herein to reflect any change in such information or any events, conditions or circumstances on which any such information is based. This communication is for general information purpose only, without regard to specific objectives, financial situations and needs of any particular person. This presentation does not contain all the information that is or may be material to investors or potential investors and does not constitute an offer or invitation or recommendation to purchase or subscribe for any shares/securities in the Company and neither any part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. The Bank may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes. The communication of this presentation may be restricted by law; it is not intended for distribution to, or use by any person in, any jurisdiction where such distribution or use would be contrary to local law, or regulation, or which would require any registration or licensing within such jurisdiction. If this presentation has been received in error, it must be returned immediately to the Bank.