#1Investor Presentation Q4 FY22 April 29, 2022 SBI card QSBI Card SBI card 331 0123 4567 8901 123 4567 8901 VIJAY KUMAR MONTH/YEAR 12/25 MONTH YEAR 12/25 VISA MAR Signature ЛІМФА КЛИУН AIRY VISA Signature รูเดิมรถเร AIRY#2Q4 FY22 Key Highlights Strong business performance driving higher profits PAT 581 Cr, ▲ 231% YoY Sustained business growth • New accounts at 1MN+, Spends at 54,100 Cr+ O 27% YoY 51% YoY 41,800 Cr+, ▲ 40% YoY; Corporate Spends at 12,200 Cr+ ▲ 102% YoY 31,281 Cr, ▲ 25% YoY Retail spends at Receivables at Robust financials OSBI card 3,016 Cr, ▲ 22% YoY Total revenue at · PAT at 581 Cr, ▲ 231% YoY · ROAA at 7.0%, 438 bps YoY and ROAE at 30.4%, ▲ 1921 bps YoY Improvement in Asset quality continues . GNPA at 2.22%, 278 bps YoY (4.99% as of Mar'21) and NNPA at 0.78%, 37 bps YoY (1.15% as of Mar'21) Management overlay at 51 Cr (RBI RE at 287 Cr less than 1% of receivables) Healthy capital adequacy, CAR at 23.8%, Tier 1 at 21.0% New Products . Cobrand with Nature's Basket 2#3Executive Summary Q4 FY22 (VS Q4 FY21) Figures in Cr OSBI card Profitable operations PAT 581 Cr, ▲ 231% YoY PAT 581 ROAA 7.0% ROAE 30.4% Market Share (FY22)* Cards in force 18.9% (FY21 19.1%), Spends 19.2% (FY21 19.4%), Transactions 19.8% (FY21 19.7%) ▲ 231% / 51 % A438 bps/192 bps ▲ 1921bps/A914 bps Growing Portfolio ▲ 16% YoY in cards, 51% YoY in spends, 25% YoY in receivables CAR 23.8% Receivables 31,281 NNPA 0.78% ▼92 bps/41 bps ▲ 25%/ 7% 37 bps / 5 bps Asset Quality Adequate liquidity GNPA @ 2.22%, NNPA @ 0.78% Management overlay at 51 Cr. Diversified borrowings mix, adequate banking limits available. Healthy CAR @ 23.8%, T-1 @ 21.0% Cards in Force 1.38 Cr ▲ 16%/▲ 5% *As per RBI report available till Feb'22 Spends 54,134 51%/ 2% Represents YoY growth over Q4 FY21 GNPA 2.22% in Mar'22 vs 4.99% in Mar'21 and 2.40% in Dec'21 Represents QoQ growth over Q3 FY22 3#4Executive Summary FY22 (VS FY21) Profitable operations PAT 1,616 Cr, ▲ 64% YoY Market Share (FY22)* Cards in force 18.9% (FY21 19.1%), Spends 19.2% (FY21 19.4%), Transactions 19.8% (FY21 19.7%) 1 PAT 1,616 ROAA 5.4% ▲ 64% ▲ 156 bps Figures in Cr OSBI card ROAE 22.8% ▲ 621 bps Growing Portfolio ▲ 16% YoY in cards, 52% YoY in spends, 25% YoY in receivables CAR 23.8% Receivables 31,281 NNPA 0.78% 92 bps ▲ 25% 37 bps Asset Quality Adequate liquidity GNPA @ 2.22%, NNPA @ 0.78% Management overlay at 51 Cr. Diversified borrowings mix, adequate banking limits available. Healthy CAR @ 23.8%, T-1 @ 21.0% Cards in Force 1.38 Cr ▲ 16% *As per RBI report available till Feb'22 Represents YoY growth over FY21 GNPA 2.22% in Mar'22 vs 4.99% in Mar'21 Spends 186,353 52%#5Delivered Impressive 12M Results New Accounts + 33% Business Growth 2,685K FY21 Strong net income growth Improving asset quality Profitability ratios Retail Spends Receivables OSBI card + 43% +25% -> 3,572K FY22 102,414 Cr FY21 → 146,457 Cr FY22 25,114 Cr Mar 21 → 31,281 Cr Mar 22 Total Income +16% 9,714 Cr -> 11,302 Cr FY21 FY22 EBCC + 10% 4,024 Cr FY21 -> 4,430 Cr FY22 985 Cr FY21 GCL % (-) 278 bps 11.0% FY21 -> 8.3% FY22 4.99% Mar 21 GNPA % (-) 278 bps -> PAT + 64% -> 1,616 Cr FY22 2.22% 6.6% ECL % (-) 309 bps -> 3.5% Mar 22 Mar 21 Mar 22 ROAA 3.8% + 156 bps -> ROAE + 621 bps FY21 5.4% FY22 16.6% FY21 -> 22.8% FY22 10.48 FY21 EPS (Basic) + 64% -> 17.16 FY22 5#6Key Trends New Accounts ('000) Corporate Spends (Cr) OSBI card 12,980 12,263 4,567 3,868 3,828 1,008 1,002 6,080 791 286 333 383 Q4 FY21 Q3 FY22 Q4 FY22 Jan'22 Feb'22 Mar'22 Q4 FY21 Q3 FY22 Q4 FY22 Jan'22 Feb'22 Mar'22 Retail Spends (Cr) Receivables (Cr) 42,417 41,872. 25,114 29,129 31,281 29,863 13,693 15,851 2% 12,328 8% 1% 29% 33% 34% 28% 27% 25% 35% 38% 40% Q4 FY21 Q3 FY22 Q4 FY22 Jan'22 Feb'22 Mar'22 Mar'21 Dec'21 Mar'22 Transactor Revolver EMI RBI RE#7Market Share Cards in force Dominant credit card player in India OSBI card Spends 19.1% 18.9% 18.3% 17.9% 17.6% 17.1% 19.4% 19.2% Transactions 17.7% 15.8% 19.8% 19.7% FY19 FY20 FY21 FY22 * FY19 FY20 FY21 FY22* FY19 FY20 FY21 FY22* *As per RBI report available till Feb'22 7#8New Accounts and Cards-in-force New Accounts ('000) OSBI card Cards-in-force ('000) 1,008 1,002 13,161 13,767 11,822 791 Q4 FY21 Q3 FY22 Q4 FY22 Channel wise Split 45.6% 49.3% 53.8% 54.4% 50.7% 46.2% Q4 FY21 Q3 FY22 Q4 FY22 SBI Open Market Q4 FY21 Q3 FY22 Q4 FY22 Channel wise Split 56.4% 56.7% 56.8% 43.6% 43.3% 43.2% Q4 FY21 Banca Q3 FY22 Q4 FY22 Open Market 8#9Portfolio Growth Spends (Cr) 55,397 54,134 35,943 OSBI Card Receivables (Cr) 25,114 29,129 31,281 Q4 FY21 Q3 FY22 Q4 FY22 Spend per Avg Card ('000) 123 172 161 Q4 FY21 Q3 FY22 Q4 FY22 Receivable per Card () 21,244 22,133 22,722 Q4 FY21 Q3 FY22 Q4 FY22 30 day spend active rate % 49.0% 52.0% 50.0% Q4 FY21 Q3 FY22 Q4 FY22 Receivable Mix % 8% 2% 1% 33% 34% 29% 28% 27% 25% 35% 38% 40% Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 Transactor Revolver ■EMI RBI RE#10Portfolio Insights Occupation Cards- in- Force As on 31st Mar 2022 New Sourcing For Q4 FY22 24% 76% OSBI Card Salaried Category Age profile By City Tier 20% 21% 29% 34% 33% 38% 29% 47% 30% 20% Salaried Self Employed ■Govt/PSU Cat A Cat B Under 30 31-45 >45 Tier 1 Tier 2 Tier 3 Others 1.33 0.83 1.18 16% 0.70 1.19 25% 23% 1.08 33% 40% 17% 84% 27% ■Salaried 0.95 Self Employed 1.02 ■Govt/PSU Cat A Cat B Self employed new sourcing primarily from SBI Sourcing 1.11 13% 45% 1.00 52% 25% 0.91 1.00 Under 30 31-45 >45 Tier 1 Tier 2 Tier 3 Others Indexed 30+ delinquency 10#11Retail Spends Insights OSBI Card Online Spend % Spends Categories Total Spends % Growth^ POS Spends Q4 FY22 Vs Online Spends DJF'20* I I H Category 1 I 54.4% Departmental Stores, Health, Utilities, 51.9% ▲ 24% 4% 35% Education & Direct Marketing 43.0% 44.9% 44.2% Category 2 Consumer durables, Furnishing & 19% 21% 14% Hardware FY18 FY19 FY20 FY21 FY22 Category 3 Apparel & Jewellery 26% 26% 24% 1 Category 4 I Travel Agents, Hotels, Airline, 8% 7% 9% Railways, Entertainment & Restaurant ^ Q4 FY22 Over Q3 FY22 | * Total Spends of Q4 FY22 compared to Dec'19, Jan-Feb'20: Pre-Covid Period Category analysis excludes Fuel & Automotive Service category 11#12Financial Results Figures in Cr OSBI card Q4 FY21 Q3 FY22 Q4 FY22 YOY FY21 FY22 YoY PAT * Total Revenue 2,468 3,140 3,016 22% 9,714 11,302 16% Finance Costs 244 277 267 10% 1,043 1,027 -2% I Operating Costs 1,285 1,719 1,577 23% 4,646 5,844 26% Earnings before Credit Costs 939 1,144 1,172 25%! 4,024 4,430 10% 1,616 I Credit Costs# 705 625 393 -44% i 985 2,700 2,258 -16% 581 PBT 234 519 779 232% 1,324 2,172 64% 386 175 Q4 FY21 Q3 FY22 Q4 FY22 FY21 FY22 Cost to Income 57.8% 60.0% 57.4% -42bps 53.6% 56.9% 329bps Gross NPA 4.99% 2.40% 2.22% -278bps ¦ 4.99% 2.22% -278bps I Net NPA 1.15% 0.83% 0.78% -37bps 1.15% 0.78% -37bps ROAA 2.6% 5.0% 7.0% 438bps 3.8% 5.4% 156bps ROAE EPS (Basic) 11.2% 1.87 21.2% 30.4% 1921bps 16.6% 22.8% 4.10 6.16 230% ! 10.48 17.16 621bps 64% * Total revenue includes provision write back of 108 Cr in Q3 FY22 due to GST refund # Credit costs include additional wave 3 overlay of 76 Cr in Q3 FY22 and is released in Q4 FY22 Credit costs include impairment losses on other assets and net loss on derecognition of financial instruments under amortized cost category (61 Cr in Q4 FY21 and FY21, 2 Cr in FY22) 12#13Explaining Returns Q4 FY21 Q3 FY22 Q4 FY22 YOY FY21 FY22 YOY I Interest Income 15.9% 16.6% 15.2% -77bps 19.3% 16.3% -303bps Fees and other Income 18.4% 22.5% 19.1% 71bps 17.0% 19.8% 279bps Recoveries 2.0% 1.8% 1.9% -15bps 1.6% 1.7% 13bps Total Revenue 36.4% 41.0% 36.1% -22bps 37.9% 37.8% -10bps Finance Costs 3.6% 3.6% 3.2% -39bps 4.1% 3.4% -64bps Operating Costs 18.9% 22.4% 18.9% -4bps I 18.1% 19.5% 142bps T Earnings before Credit Costs 13.8% 14.9% 14.0% 21bps I 15.7% 14.8% -89bps I I Credit Costs 10.4% 8.2% 4.7% -568bps | 10.5% 7.5% -298bps 十 PBT 3.5% 6.8% 9.3% 588bps 5.2% 7.3% I 210bps Taxes 0.9% 1.7% 2.4% 151bps ¦ 1.3% 1.9% 54bps I ROAA 2.6% 5.0% 7.0% 438bps I 3.8% 5.4% 156bps + T Avg Assets/Avg Equity 4.3 4.2 4.4 I 4.3 4.2 ROAE 11.2% 21.2% 30.4% 1921bps 16.6% 22.8% 621bps | OSBI Card 13#14Revenue Figures in Cr OSBI Card Q4 FY21 Q3 FY22 Q4 FY22 YOY! FY21 FY22 YoY I Composition Revenue from operations Revenue from Operations 2,319 2,889 2,850 23% 9,296 10,677 15% Q4 FY21 Q3 FY22 Q4 FY22 Other Income $ 149 250 166 11% 417 624 50% Total Revenue 2,468 3,140 3,016 22% 9,714 11,302 16% 22% Finance Costs Net Revenue 244 277 267 10% 1,043 1,027 -2% 23% 22% 44% 2,224 2,863 2,749 24% 44% 8,670 10,274 19% 47% 26% 22% 27% Interest Income Yield# 17.1% 17.9% 16.8% -27 bps 20.1% 17.6% -251 bps 7% 8% Cost of Funds* 5.5% 5.4% 4.9% -59 bps 6.1% 5.2% -92 bps 8% Net Interest Margin 13.2% 14.0% 13.2% 2 bps! 15.9% 13.9% -200 bps Interest Income Spend based Subscription based Instance based & other $ Other income includes provision write back of Rs. 108 Cr in Q3 FY22 due to GST refund. # Interest Income yield is based on interest income from card holders (excluding Interest income on investments, deposits & others). *Finance costs includes interest on lease. Cost of funds is calculated by adding lease liabilities, included in other liabilities, to borrowings. 14#15Borrowings & Capital Adequacy Cost of funds 5.5% Q4 FY21 5.4% Q3 FY22 4.9% Q4 FY22 Borrowing Composition Leverage OSBI Card 4.0 3.9 4.1 Mar'21 Dec'21 Mar'22 Capital Adequacy Ratio Tier - I Tier - II Mar'21 Dec'21 Mar'22 2% 24.8% 24.2% 23.8% 28% 3.9% 2.9% 2.8% 36% 33% 20.9% 21.3% 21.0% 60% 60% 62% 12% 4% 4% Mar'21 Dec'21 Mar'22 Bank Lines Commercial Papers INCD Term Loan Liquidity Coverage Ratio Credit Ratings: Short Term A1+ by CRISIL & ICRA : ☐ : Long Term AAA/Stable by CRISIL & ICRA 73% 79% 60% 62% 60% 50% Mar'21 Dec'21 Mar'22 LCR% Statutory requirement = Leverage Liabilities / Tier 1 Equity Finance costs includes interest on lease. Cost of funds is calculated by adding lease liabilities, included in other liabilities, to borrowings. 15#16Structural Liquidity (ALM) Asset Liability Maturity profile - Mar'22 4,432 2,768 2,392 1,327 Inflows Outflows 4,910 5,175 5,272 4,504 3,987 4,327 2,945 3,274 3,617 3,476 2,747 2,086 8,738 Figures in Cr OSBI card 2,118 Well matched ALM 5,005 Cr (25%) of sanctioned bank lines unutilized and available for draw down as at Mar'22 1,021 181 1-7 D 8-14 D 15-30/31 D 1-2M 2-3M 3-6M 6-12 M 1y-3y 3y-5y >5 yr Cumulative mismatches 2,040 3,481 4,523 4,929 4,587 7,676 8,405 7,461 6,620 16#17Operating Costs Figures in Cr OSBI card Operating Leverage Q4 FY21 Q3 FY22 Q4 FY22 YoY FY21 FY22 YoY 4% 1% Employee Cost 126 121 121 -4% i 492 473 -4% Depreciation 34 37 39 15% 123 149 21% -4% 24% 23% Fees and commission expense $ 179 311 302 69% 607 1,023 69% -8% Other operating expenses 946 1,250 1,115 18% ! 3,425 4,201 23% Operating Costs 1,285 1,719 1,577 23% I 4,646 5,844 26% QoQ Vs. Q3 FY22 YOY Vs. Q4 FY21 Cost to Income % 57.8% 60.0% 57.4% -42 bps¦ 53.6% 56.9% 329 bps Net revenue growth Fees and commission expense earlier clubbed under other operating expenses are shown separately from current quarter. Opex growth 17#18Asset Quality Figures in Cr OSBI Card Stage Wise NEA Q4 FY21 Q3 FY22 Q4 FY22 YoY¦ FY21 FY22 YoY T Impairment and losses 705 625 393 -44% i 2,700 2,258 -16% Gross Credit Costs 705 625 393 -44%¦ 2,700 2,258 -16% 25,114 29,129 31,281 Recoveries (138) (140) (157) 14% ! (398) (503) 26% 2.4% 2.2% 5.0% 9.4%0 8.5% Net Credit Costs 567 486 236 -58% 2,302 1,755 -24% 12.5% Gross Credit Cost % 11.1% 9.0% 5.2% -588bps 11.0% 8.3% -278bps 82.5% 88.2% 89.3% Net Credit Cost % 8.9% 7.0% ECL % 6.6% 4.0% GNPA 4.99% 2.40% 3.1% -579bps 3.5% -309bps 2.22% -278bps 9.4% 6.4% -299bps Q4 FY21 6.6% 3.5% -309bps Stage 1 Q3 FY22 Stage 2 Q4 FY22 Stage 3 4.99% 2.22% -278bps NNPA PCR 1.15% 0.83% 0.78% -37bps ¦ 1.15% 0.78% -37bps 77.9% 65.9% 65.3% -1260bps 77.9% 65.3% -1260bps ECL Provisions 6.6% 5.7% 5.0% 4.0% 3.5% 4.7% 4.2% 3.4% 2.0% Mar'21 Jun'21 Without overlay Sep'21 Dec'21 With overlay 3.3% Mar'22 Impairment and losses/Gross Credit costs include additional wave 3 overlay of 76 Cr in Q3 FY22. The same has been reversed in Q4 FY22 Credit costs include impairment losses on other assets and net loss on derecognition of financial instruments under amortized cost category (61 Cr in Q4 FY21 and FY21, 2 Cr in FY22) Accelerated write offs of 226 Cr in Q3 FY22 and 79 Cr in Q4 FY22 with corresponding provision release of the same amount in respective quarters Stage Wise ECL Provisions 1,655 1,161 1,094 77.9% 65.9% 65.3% 11.0% 8.2% 7.0% 1.6% 1.8% 1.6% Q4 FY21 Q3 FY22 Q4 FY22 ■Stage 1 ■Stage 2 Stage 3 18#19Investing for Digital Transformation OSBI card Customer acquisition Instant card issuance for ETB (existing to SBIC) customers Digital journey for NTB (new to SBIC) prospects Faster issuance and activation Cost savings and efficiencies Issuance to ETB being scaled up ✓ Pilot for NTB completed, on track for launch ☑ Q1 FY23 Building capabilities for future Customer Servicing Bill payment on AskILA (Chatbot) Increase in bill payment sign-up, lever for activation ☑ Expand use cases for AskILA by leveraging conversational Al ✓ Cost efficiencies in long-run Enhance servicing experience through self-service features Q1 FY23 Customer engagement Upgrade Marketing Technology (MarTech)-hyper personalization Mobile app UI/UX revamp Enhance engagement with customers through out journey. . . right time, right offer Q3 FY23 Maximise ROI on marketing spend and drive growth 19#20Our Sustainability Direction Our Purpose Transform in a sustainable and inclusive business in the best interest of all stakeholders ■ ■ Our Approach to ESG Embracing our responsibility to help address environmental, social and economic challenges ESG performance integration to delivery of our goals & strategy Focusing on 16 priority areas to make a difference ENVIRONMENTAL Climate Change Waste reduction & recycling Energy Consumption SOCIAL Colleague Health & Safety Inclusion & Diversity Colleague Attraction & Retention Consumer Financial Protection Employee Learning & Development Employee Engagement & Welfare GOVERNANCE Business Ethics Anti-Corruption & Bribery Risk Management and Compliance Responsible Digitalization I OSBI Card ESG Index Scores Dow Jones Sustainability Index 371 (Prev. Yr. - 11) Sustainalytics 18.7 Low Risk Responsible Selling practices CRISIL Innovative Technologies and Products Data Privacy & Security 65 Scored higher than financial sector median 20#21Creating Value with ESG Environmental Social Governance 3.1 Lac+ Trees Saved (From FY'18 to FY'22) Through paperless communication with customers FY'18 FY'19 FY'20 FY'21 FY'22 29,381 39,664 55,434 69,747 119,718 Inclusion & Diversity 28% Women in total employees & 31% in senior leadership Launched "AIM" Women Network providing a forum for SBI Card women employees with an access to knowledge, trainings and programs on career growth, financial literacy and physical and mental wellbeing. Data Privacy Day 2022 Observed on 28 Jan & provided annual virtual training on Information & cyber security awareness. Compliance Day 2022 Celebrated on 29 mar by spreading awareness on all aspects of Code of conduct to all employees Supported Material Recycling Facility (MRF) setup One MRF of 10 megatonnes in in association with Greater Noida Authority and two MRFS of 2 megatonnes each with East Delhi Municipal Corporation. Colleague Attraction & Retention Flexible working shifts/hours for employees Great Place to Work survey-initiated organization wide. Well-structured senior leadership connects every month across all location offices Employee Engagement & Welfare Financial Wellbeing webinar series for employees providing special sessions on tax saving strategies, planning for a secure future, Zero EMI & more. Innovative Technologies & Digitization ✓ Integration of information from alternate data sources like utility bills, etc for more efficient credit decisions Added security features on contact change process on Digital Channels OSBI Card Serving Communities Healthcare Supported: Phase 2 of our existing project with MAMTA Health Institute for Mother and Child to improve wellbeing and resilience among 75000 adolescents and young married women through community led approach as per GOI's RMNCH+A (encompassing all interventions aimed at reproductive, maternal, newborn, child, and adolescent health) strategy. Provision of providing wheelchair cum scooter to 150 beneficiaries with locomotive disorder through Round Table India Trust. Disaster Management Supported an initiative to provide home care to asymptomatic and mild symptomatic Covid patients through 'Doctors For You': Provision of 18,000 home kits to beneficiaries consisting of medicines, oximeter, thermal scanner/Digital Thermometer, N95 mask, sanitizer etc Cost of human resources (project, medical staff and call Centre executives) and transport support for the medical team to visit patients covered by SBI Card. 21#22Shareholders Summary Shareholding pattern, 31st March 2022 OSBI Card Top 20 Shareholders as on 31st March 2022 S. No Name of Shareholder % 1 State Bank Of India 69.20 Others Resident Insurance 1.17% Individuals 3.94% 4.66% MF 8.02% 2 CA Rover Holdings 3.09 3 Life Insurance Corporation Of India 1.74 4 Life Insurance Corporation Of India - P&GS Fund 1.69 5 Government Pension Fund Global 0.70 6 RWC Emerging Markets Equity Master Fund Limited 0.58 7 Mirae Asset Large Cap Fund 0.44 Vanguard Emerging Markets Stock Index Fund, A Series Of 8 Vanguard International Equity Index Funds 0.43 9 FPI 9.53% Vanguard Total International Stock Index Fund 0.39 10 SBI Life Insurance Co. Ltd. 0.39 11 ICICI Prudential Long Term Equity Fund Tax Savings 0.38 12 Nippon Life India Trustee Ltd-A/C Nippon India Large Cap Fund 0.37 Foreign Company 13 Robeco Capital Growth Funds 0.37 14 Nippon Life India Trustee Ltd-A/C Nippon India Multi Cap Fund 0.33 3.09% 15 HDFC Trustee Company Limited-HDFC Flexi Cap Fund 0.33 Promoter Group 16 Societe Generale - ODI 0.31 SBI & Subs. 17 Motilal Oswal Flexi Cap Fund 0.29 69.59% 18 - RWC Funds RWC Global Emerging Markets Fund 0.28 (SBI - 69.20%) 19 ICICI Prudential Life Insurance Company Limited 0.28 20 Mirae Asset Emerging Bluechip Fund 0.27 22 22#23Annexures SBI card PRIME OSBI Card OSBI Card 432 01234567 8901 MONTH/YEAR 12/25 VIJAY KUMAR >))) SimplySAVE 123 4567 8901 VALID MONTH/YEAR THRU 12/25 VISA AR Signature A12 VISA Platinum bl9gunw AIRY#24P&L Summary Figures in Cr SBI card P&L Q4 FY21 Q3 FY22 Q4 FY22 YOY FY21 FY22 YOY Interest Income 1,082 1,273 1,266 17% 4,947 4,866 -2% Fees and commission income 1,114 1,457 1,427 28% 3,908 5,227 34% Service Charges 35 37 35 1% 134 132 -1% Business development incentive income 85 121 121 42% 299 448 50% Insurance commission income 2 1 1 -54% 8 5 -41% Net gain on fair value changes 0 1 Total Revenue from operations 2,319 2,889 2,850 23% 9,296 10,677 15% Total Other Income 149 250 166 11% 417 624 50% Total Income/Revenue 2,468 3,140 3,016 22% 9,714 11,302 16% Finance costs 244 277 267 10% 1,043 1,027 -2% Fees and commission expense 179 311 302 10% 607 1,023 -2% Net loss on derecognition of financial instruments under amortized cost 61 *n.c. 61 2 *n.c. category Impairment losses & bad debts 643 625 393 -39% 2,639 2,256 -15% Employee benefits & Expenses 126 121 121 -4% 492 473 -4% Depreciation, amortisation & 34 37 39 15% 123 149 21% impairment Operating & Other expenses 946 1,250 1,115 18% 3,425 4,201 23% Total expenses 2,234 2,621 2,237 0% 8,390 9,129 9% Profit before tax 234 519 779 232% 1,324 2,172 64% Profit after tax 175 386 581 231% 985 1,616 64% *n.c. denotes not comparable 24 24#25Balance Sheet Summary Figures in Cr OSBI Card Balance Sheet Mar'21 Mar'22 Variance% Assets Loans (Net) Cash & Bank Balances 23,459 30,187 29% 720 1,106 54% Investments 958 1,297 35% Other Financial Assets 276 382 38% Total Financial Assets 25,413 32,973 30% PP&E, Intangible & Right of use assets 318 454 43% Deferred Tax Assets 395 219 -45% All other non-financial Assets 886 1,004 13% Total non-financial Assets 1,600 1,676 5% Total Assets 27,013 34,648 28% Liabilities and equity Equity Share Capital 941 943 0% Other Equity 5,362 6,810 27% Total Equity 6,302 7,753 23% Borrowings 17,895 22,982 28% All other financial liabilities 1,769 2,700 53% Total financial liabilities 19,664 25,683 31% Provisions 410 477 17% Other non-financial liabilities 638 736 15% Total non-financial liabilities 1,047 1,213 16% Total liabilities and equity 27,013 34,648 28% 25 25#26Recent Developments OSBI Card Launch of Nature's Basket SBI Card SBI Card has partnered with 'Nature's Basket', India's leading premium grocery store brand - to launch 'Nature's Basket SBI Card'. The first-of-its-kind credit card will address the consumers' unique lifestyle related spend needs, including grocery and gourmet. Nature's Basket SBI Card will be available to customers by 22nd April 2022 Launch Date: 22 Mar '22 Nature's Basket VIJAY KUMAR Elite SBI card VISA Signature SBI Card Pulse Digital Campaign SBI Card Pulse Awareness and Performance Campaign - amplified through Influencer posts and video ads SBI Card o Published by Natasha Kadam 21 January at 18:21 @ Repost Eat Travel Live Repeat I want to dedicate this new year to a healthier lifestyle. And to support me in my fitness journey, my SBI Card PULSE from SBI Card provides me with amazing benefits I got a Noise ColorFit PULSE Smartwatch worth Rs. 4,999 as a Welcome Gift that helps me track my fitness goal. I also get complimentary membership to FITPASS PRO and Netmeds First that get renewed every year & 5X Reward Points on dining, movies, pharmacy and chemist shops See more osal card PULSE VISA SBI Card Published by Nabsha Kadam Tanay 15 at 1000 AM On track to achieve your Rness you? Let's keep the ftness traingong Comment below using SCardPulse and you could win an amazing e-voucher SBC ContestNet Witness Health Lifestyle OSBI Card It's time to PULOE UP Are you sticking to your 2022 fitness resolution? Comment away! 1690,007 Poplachd 751,378 Engagement Boort post 102 Cut 18 Sha 196 Co-marketing film with VISA Launched the film with the objective to educate customers on Card Controls. This was promoted on Digital & Social Media platforms. Duration : 1 month: 24 Mar '22 onwards Menu AURUM Digital Campaign Initiated Lead Generation campaign for AURUM Card through LinkedIn, MoneyControl & other premium platforms ALGUM AURUM A credit card exclusively for C-Suite Executives APPLY NOW 26#27Product Brief Super Premium Core Cards AUGUM Rada AURUM OSBI Card PRIME SBI Card I Banking Co-Brand Cards Retail OSBI card Travel QSBI Card n lifestyle homecente OSBI Card CLUB Vistara OSBI Card PRIME BEL 0123 4567 8901 12/25 VIJAY KUMAR 4321 0123 4567 8901 12/25 01234567 8901 1225 VISA VIJAY KUMAR Signature VISA VIJAY KUMAR VISA Signature LANDMARK HEWARDS 4356 1412 3456 7890 ALOTHE 12/25 VIJAY KUMAR VISA PRIME VIVAAN BHATT Signature Signature SBI Card Elite Central Bank SBI Card Lifestyle Home Centre SBI Card Club Vistara SBI Card PRIME Vijay Kumar SBI Card PRIME VISA SBI Card SimplyCLICK 4321 0123 4567 8901 UCO Bank OSBI Card SBI Card SBI Card »))) Elite STYLEUP SimplySAVE 0221 01234567 8901 12/25 VIJAY KUMAR VISA 12/25 Platinum VIJAY KUMAR VISA Platinum 12/25 VIJAY KUMAR EL 01234567 8901 VISA 43 01234567 8901 VISA Platinum Signature fbb) SBI Card OLA Money SBI Card 4321 0123 4567 8901 12/25 VUJA KU VIJAY KUMAR VISA Signature ETIHAD QUEST SBI Card SimplyCLICK SBI Card SBI Card 4321 012345678901 12/25 Dr. VIJAY KUMAR BDS. MOS SimplySAVE SBI Card UCO Bank SBI Card OSBI Card CITY UNION BANK SBI Card PULSE VISA KAVYA MALHOTRA VISA Signature Signature Doctor's SBI Card SBI Card Pulse SHAURYA QSBI Card SBI card Unnati 6543 2101 2345 6789 12/25 MONTH/YEAR VIJAY KUMAR RuPay VIJAY Kan 4324 0123 4567 AV2 12/25 VISA AIRFORCE/ARRY/NAVY SELECT Platinum Shaurya Select SBI Card SBI Card Unnati PRIME VIJAY KUMAR 4047 4523 4567 8901 12/25 VISA Signature City Union Bank SBI Card fbb Style Up SBI Card Air India SBI Signature Card TATA 5242 4792 8123 6789 5242 MONTH YEAR TITANIUM see suceso MasterCard 20000000 Tata Card QSBI Card VIJAY KUMAR OCTANE 432257 8901 VISA VIJAY KUMAR Signature VISA BPCL SBI Card OCTANE Etihad Guest SBI Premier Card Karnataka Bank OSBI Card >))) PRIME 4321 0123 4567 8901 Akshara Singh Rathore 12/25 VIJAY KUMAR VISA Signature. OSBI card yatra SBI card titanium 5528 1234567890 5321 0123 4567 8901 12/25 VIJAY KUMAR RuPay VIJAY KUMAR mastercard PLATINUM Karnataka Bank SBI Card Paytm SBI Card SELECT IRCTC SBI Card Premier Yatra SBI Card 27#28Glossary Term Description OSBI Card New Accounts Card-in-force Spends Receivables Market share - CIF Market share - Spends Averages Spends per card Average loans per cards Yield % COF % Cost to Income % ROAA ROAE EPS Shareholders' equity Sum of all accounts opened in a reporting period. Sum of all credit cards issued by us, including suspended credit cards that may be reactivated in future, net of cancelled and deactivated credit cards. Total card spends constitutes the aggregate notional amounts transacted by our cardholders in a reporting period. Total credit card receivables outstanding from our cardholders at end of the reporting period. Market share of total cards outstanding is calculated by dividing our total cards outstanding by the industry-wide total cards outstanding, as obtained from data published by the RBI. Market share of total card spends is calculated by dividing our total card spends by the industry-wide total card spends, as published by the RBI, for the reporting period. 2-point average for quarter and 5-point for yearly calculations Average card spends per cards outstanding is calculated by dividing our total card spends by the average total cards outstanding for the period (annualized) Average loans per cards outstanding is calculated as total loans at the end of the reporting period divided by total cards at the end of the reporting period. Calculated as interest income from cardholders divided by average receivables for the period (annualized) Calculated as total finance costs for the period divided by average borrowings (including lease liabilities) for the period (annualized) We calculate our cost to income ratio as operating and other expenses divided by total income after subtracting Finance cost. Calculated as net profit divided by average total assets for the period (annualized) Calculated as net profit divided by the average shareholders' equity for the period (annualized) Earning per share is for the period and not annualized Shareholders' equity is defined as sum of share capital, reserves and surplus excluding reserves created out of amalgamation 28#29Disclaimer SBI card The information contained in this presentation is for information purposes only and does not constitute an offer or invitation to sell or purchase any securities of SBI Cards and Payment Services Limited in India or in any other jurisdiction. This presentation is not intended to be a prospectus or an offer document under any applicable law. This presentation may contain certain forward looking statements which have purely been made basis Management's expectations, assumptions and estimates, known or unknown risks. Such statement typically contain the terms / phrases (including but not limited to) "will", "believe", "aim", "may", "would", "expect", "would /may result", "goal", "strategy", "anticipate", "intend", "seek", "plan", "objective", "contemplate", "project", "anticipate", etc., These statements are neither factual nor based nor do they constitute any historical information about the Company and are subject to change / uncertainties in future. The actual financial or other results may materially differ from such statements and the investors are advised not to make any decisions merely on these. The Management is further not expected to update these in future as and when there is a change impacting such estimates / possibilities. The recipients should carry their own due diligence in respect of the information contained in the presentation. This presentation is strictly confidential and is intended only for the exclusive use of the recipients thereof, subject to the provision state herein, and may not be disclosed, reproduced, retransmitted, summarized, distributed or furnished, in whole or in part, to any other person. This presentation should not form basis or be relied upon in any connection with any contract or commitment whatsoever. Figures for previous period/year have been regrouped or recategorized wherever necessary to conform to the current period's/year's presentation. Totals in some columns/rows/graphs may not agree due to rounding-offs. 29 29#30Thank You SBI card OSBI Card SimplySAVE 4321 0123 4567 8901 VALID MONTH/YEAR THRU 12/25 VIJAY KUMAR - ЛІЛУА КПИУК TS\52 OSBI Card )))) SimplyCLICK 123 4567 8901 VALID 12/25 THRU VISA MAR Platinum blow ۱۷۷ MONTH/YEAR 75152 VISA Platinum ΛΙΖΗ