#1Q1 2022 Financial Highlights April 21, 2022 svb>#2svb> Contents 3 Snapshot and current environment 20 Performance detail and outlook drivers 34 Appendix 54 Non-GAAP reconciliations This presentation should be reviewed with our Q1 2022 Earnings Release and Q1 2022 CEO Letter, as well as the company's SEC filings. Q1 2022 FINANCIAL HIGHLIGHTS 2#3svb> Snapshot and current environment Q1 2022 FINANCIAL HIGHLIGHTS 3#4Q1'22 snapshot: Strong execution and higher rates drove robust earnings and profitability Financial highlights EPS: $7.92* Q1'22 performance % changes are vs. Q4'21 $397B +2% Average client funds $118M -19% SVB Securities revenue², 3 svb> $67B +7% Average loans $130M -16% Warrant and investment gains net of NC1² Net Income: $472M $1.1B +15% Net interest income¹ $11M -77% Provision for credit losses 1. Net interest income presented on a fully taxable equivalent basis. 2. Non-GAAP financial measure. See "Use of non-GAAP Financial Measures" in our Q1 2022 Earnings Release and our non-GAAP reconciliations at the end of this presentation. 3. Represents investment banking revenue and commissions. ROE: 15.28% $230M +6% Core fee income² *includes - $0.20 impact from $16M Pre-tax merger-related charges Q1 2022 FINANCIAL HIGHLIGHTS 4#5Q1'22 highlights Strong execution and higher rates drove robust NII and core fee income* growth 2. Public market volatility impacted later-stage investment and exits; early-stage investment and client acquisition remained strong 1. 3. Healthy deposit growth driven by continued strong early-stage trends and flexible liquidity solutions; slight increase in average total client funds QoQ as liquidity environment moderated 4. Robust loan growth driven by continued PE investment activity and increased Technology and Life Science/Healthcare borrowing 5. Higher rates improved fixed-income portfolio yield as slower estimated prepayment speeds reduced premium amortization expense, but had minimal impact to TBV* due to past actions to mitigate AOCI risk 6. Repositioned $5B securities to take advantage of higher rates, monetizing $204M swap gains and selling the hedged securities, resulting in a net gain of $49M; reinvested sale proceeds into higher yielding, more liquid securities to increase future NII 7. Higher client investment fee margin from March rate hike drove robust core fee income growth 8. Lower SVB Securities revenue* and market-related gains as public market volatility delayed equity capital markets transactions, reduced valuations of public equity positions and slowed later-stage VC investment and exits 9. Excellent credit performance with low NCOs and declining NPLs 10. Raised 2022 revenue outlook to reflect improved rate environment since 1/20/22 (future rate increases not included in outlook); reinvesting part of the increase in our strategic priorities to drive and support long-term scalable growth svb> * Non-GAAP financial measure. See "Use of non-GAAP Financial Measures" in our Q1 2022 Earnings Release and our non-GAAP reconciliations at the end of this presentation. Q1 2022 FINANCIAL HIGHLIGHTS 5#6Our vision: Be the most sought-after partner helping innovators, enterprises and investors move bold ideas forward, fast svb> MI IN techstars aumni bolster NPM Nasdaq Private Market vouch MOFFETTNATHANSON AN SVB COMPANY Silicon Valley Bank Global commercial banking SVB Securities Investment banking New Tech, Healthcare Services & Health Tech hires Clients BOSTON PRIVATE AN SVB COMPANY SVB Private Private banking and wealth management SVB Capital Venture capital and credit investing WEST WRG RIVER GROUP DEBT INVESTMENT BUSINESS Strategic partnerships M&A and talent acquisition have bolstered organic initiatives to expand and deepen our global platform OneSVB: Delivering the combined power of our platform to meet clients' needs at all stages Q1 2022 FINANCIAL HIGHLIGHTS 6#7Raised 2022 revenue outlook given current higher rate environment - additional potential upside if rates increase Outlook considerations Raised FY'22 revenue outlook as March rate hike and overall higher rates since 1/20/22 accelerate NII and core fee income growth - future increases in rates would drive additional potential upside ● • ● ● While public market volatility has impacted later-stage fundraising and exits, early-stage trends remain healthy, and the long-term tailwinds supporting the innovation economy still hold Our business is well-positioned to withstand the potential impacts of public market volatility, as clients are well- capitalized, and improved NII and core fee income growth more than offsets moderating SVB Securities revenue and warrant and investment gains Reinvesting part of the revenue increase in our strategic priorities to drive and support long-term scalable growth (see page 18); while rising rates would further enhance our potential earnings power, currently we would not expect to increase our FY'22 expense growth outlook with future hikes ● • Outlook excludes impact of potential changes related to interest rates, material deterioration in the overall economy, adverse developments with respect to U.S. or global economic or geopolitical conditions, and regulatory/policy changes under the current U.S. government administration svb> Business driver Average loans Average deposits Net interest income¹ Net interest margin Net loan charge-offs Core fee income2,3 SVB Securities revenue², 4 Noninterest expense excluding merger-related charges5 Effective tax rate FY'21 results $54.5B $147.9B $3,179M 4. Represents investment banking revenue and commissions. 5. Excludes $40M estimated pre-tax merger-related charges ($16M in Q1'22, -$15M in Q2'22 and the remainder in 2H'22). 2.02% 0.21% $751M $538M $2,941M 26.2% 1/20/22 outlook FY'22 vs. FY'21 Low 30s % growth Low 40s % growth High 30s % growth 1.90-2.00% 0.15-0.35% Mid 20s % growth $625-675M Low 20s % growth 25-27% Note: Actual results may differ. For additional information about our financial outlook, please refer to our Q1 2022 Earnings Release and Q1 2022 CEO Letter. 1. Excludes fully taxable equivalent adjustments. 2. Non-GAAP financial measure. See “Use of non-GAAP Financial Measures" in our Q1 2022 Earnings Release and our non-GAAP reconciliations at the end of this presentation. 3. Excludes SVB Securities revenue. 4/21/22 outlook FY'22 vs. FY'21 Mid 30s % growth Low 40s % growth Low 50s % growth 2.10-2.20% 0.15-0.35% Mid 40s % growth $500-550M High 20s % growth 25-27% Q1 2022 FINANCIAL HIGHLIGHTS 7#8Early-stage trends remain healthy; public markets volatility impacting later-stage investment and exits Continued robust client acquisition + strong early-stage investment Public tech volatility driving slowdown in later-stage investment and exits svb> SVB commercial client count ~1,700 new clients in Q1'22 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 2018 Indexed pri % vs. 12/31/21 12/31/21 2019 9% CAGR 1/31/22 2020 2021 2/28/22 Q1'22 Other PE/VC VC- backed Pre-VC- backed As of 3/31/22 S&P 500 ex Nasdaq-100 0.92x Nasdaq-100¹ 0.91x 3/31/22 U.S. seed, angel & early-stage VC investment $B 20 Q1'21 165 108 57 U.S. later-stage VC investment & VC-backed public listings $B Q1'21 24 Note: VC and public listing data sourced from Pitch Book. Investment data has been updated with PitchBook's proprietary back-end data set and filers which has resulted in prior period revisions. 1. Nasdaq 100 Index used as a proxy for technology markets. Q2'21 Q3'21 Q4'21 295 237 26 58 Q2'21 222 160 35 62 Q3'21 229 168 27 61 Q1'22 68 24 44 Q4'21 Q1'22 Public listing Later- stage VC Q1 2022 FINANCIAL HIGHLIGHTS 8#9Well-positioned to withstand potential impacts of public market volatility Potential risk ||$|| $ 2 svb> Business driver Deposits Loans Credit Core fee income* Investment banking Warrants, non-marketable and other equity securities Slowing deposit growth Muted GFB capital call lending activity Deteriorating Investor Dependent credit performance Weaker FX, card, loan syndication and WM&T fees Declining ECM transactions Volatile or negative gains Potential mitigants On- vs. off-balance sheet flexibility Ability for clients to slow cash burn rates Significant PE/VC dry powder that needs to be deployed ● ● ● ● ● ● ● ● ● ● ● ● Significant dry powder to support PE/VC deal activity (and related capital call borrowing) Increased Tech & Life Science/HC loan demand if equity is less available Record VC investment over the past 2 years has extended client runway Improved risk profile of loan portfolio and strong capital position Higher client investment fee margin offsets impact of lower activity Wealth advisor hiring and Commercial Bank referrals support AUM Significant dry powder to support PE/VC deal activity (and related FX transactions) New M&A capabilities partially offset softer ECM activity Limited direct public equity exposure Strong client liquidity mitigates need to raise equity at lower valuations Granular, diversified positions Expected impact for FY'22 Maintaining low 40s % outlook Increasing outlook to mid 30s % Maintaining 0.15-0.35% NCO outlook Increasing outlook to mid 40s % growth Decreasing SVB Securities revenue* outlook to $500-550M Decline is more than offset by improved NII and core fee income outlooks Gains to moderate from 2021's exceptional levels and may be volatile QoQ * Non-GAAP financial measure. See "Use of non-GAAP Financial Measures" in our Q1 2022 Earnings Release and our non-GAAP reconciliations at the end of this presentation. Q1 2022 FINANCIAL HIGHLIGHTS 9#10Long-term tailwinds supporting the innovation economy remain intact Attractive long-term growth opportunity + acceleration of digital Significant dry powder to support future investment svb> Indexed price % vs. 1/1/18 1/1/18 Global VC dry powder $B 221 12/31/18 2018 261 2019 12/31/19 328 2020 12/31/20 435 2021 478 As of 3/31/22 Q1'22 Nasdaq-1001 2.3x 3/31/22 S&P 500 ex Nasdaq-100 1.6x Revenue growth² % vs. 12/31/17 12/31/17 Global PE dry powder $B 1,251 12/31/18 2018 1,365 2019 12/31/19 1,660 2020 Note: Market data sourced from FactSet. VC and PE dry powder data sourced from Preqin. VC and PE dry powder data has been updated with Preqin's proprietary back-end data set and filters which has resulted in prior period revisions. 1. Nasdaq 100 Index used as a proxy for technology markets. 2. Source: Refinitiv. Historical revenue growth for companies included in the Nasdaq-100 and S&P 500 (excluding Nasdaq-100 companies) as of March 31, 2022. 12/31/20 1,810 2021 1,798 As of 12/31/21 Q1'22 Nasdaq-1001 1.8x S&P 500 ex Nasdaq-100 1.3x 12/31/21 Q1 2022 FINANCIAL HIGHLIGHTS 10#11Resilient client funds growth over the long-term On-balance sheet deposits Off-balance sheet client funds Annual total client funds growth rate (positive, negative) Total average client funds $B 25% 24% 21 17 2006 4 28% svb> 15% 24 20 2007 4 9% -2% 26 21 2008 5 -4% -25% 25 9 16 2009 15% 9% 28 12 16 2010 Global financial crisis 42% 20% 33 15 18 2011 14% -8% 38 18 20 2012 18% 15% 44 20 24 2013 51% 33% 58 28 30 2014 29% 16% 76 37 39 2015 9% -4% 82 39 43 2016 Annual U.S. VC investment growth rate (positive, negative) VC recalibration* 15% 7% 94 43 51 2017 63% 31% 48 329 31% 19% 191 15% 148 0.2% 192 all 206 147 181 75 123 55 117 92 75 2018 Note: VC investment data sourced from PitchBook. Investment data has been updated with PitchBook's proprietary back-end data set and filters which has resulted in prior period revisions. * Pullback in VC investment. Q1'22 vs. Q4'21 QoQ growth Average client funds +2% U.S. VC investment -26% 2019 98% 2020 71% 397 2021 Q1'22 COVID-19 pandemic Q1 2022 FINANCIAL HIGHLIGHTS 11#12Strong liquidity franchise Robust liquidity solutions, on- and off-balance sheet 40+ liquidity management products to meet clients' needs and optimize pricing and mix Diversified sources of liquidity from high-growth markets Client niche¹: Early stage technology Technology Early stage life science/ healthcare svb> Life science/ healthcare International² U.S. Global Fund Banking Private Bank Other Deposits 20% 3% 16% OBS client funds 25% 9% 7%/ 3% 1% 17% 9% 6% 34% 27% 23% 1. As of March 31, 2022. Represents management view of client niches. 2. International balances do not tie to regulatory definitions for foreign exposure. Includes clients across all client niches and life stages, with International Global Fund Banking representing 3% of total client funds. 3. Actual balances depend on timing of fund flows. Uniquely positioned to drive profitable growth Ability to support growth on- or off- balance sheet, while optimizing pricing and mix 51% YoY average client funds growth (Q1'22 vs. Q1'21) 66% of Q1'22 average deposits are noninterest-bearing On- vs. off-balance sheet considerations Bank tier 1 leverage ratio 7-8% internal target Profitable spread income Liquidity On-balance sheet deposit growth $191B Q1'22 average deposits 5 bps Q1'22 average cost of deposits -2.50-2.75% expected new purchase yields + low cost of deposits enables healthy margins Targeting Fed cash at 4-6% of total deposits ($8-12B)³ Low 40s % FY'22 average deposit growth outlook $206B Q1'22 average OBS client funds Flexible liquidity solutions + substantial OBS balances can help support deposit growth Q1 2022 FINANCIAL HIGHLIGHTS 12#13Balance sheet growth to date provides foundation to drive sustainable NII Average interest-earning assets Average cash $B 5 2007 2008 2009 0.4 6 Net interest income² $B 2007 0.4 10 2008 svb> 0.4 2009 14 2010 0.4 2010 17 2011 0.5 2011 19 2012 0.6 NII 2012 21 2013 0.7 2013 NIM 31 2014 0.9 2014 1. Q1'22 vs. Q1'21 percentage change. 2. Net interest income presented on a fully taxable equivalent basis. 3. Represents Q1'22 NII. Average investment securities 39 2015 1.0 42 2015 2016 Average Fed Funds rate 1.2 2016 47 2017 1.4 2017 Average loans 53 2018 60 1.9 2019 2018 Estimated based on FY'22 outlook 2.1 IN 2019 81 2020 2.2 2020 158 2021 3.2 2021 207 Q1'22 1.13 2022 76% Q1'22 YoY growth rate in average interest- earning assets¹ Low 50s% FY'22 NII growth outlook See page 7 for more information Q1 2022 FINANCIAL HIGHLIGHTS 13#14Significant potential revenue upside if rates continue to increase Estimated increase in annualized pre-tax NII for each 25 bp increase in rates NII increase assuming static balance sheet Additional NII benefit assuming FY'22 growth outlook Total NII benefit +~$90-110M¹ svb> -~$10-20M² ~$100-130M Estimated increase in annualized pre-tax client investment fees and fee margin³: March 25 bp increase annualized Each subsequent 25 bp increase in short-term rates +~$220M +10-11 bps +~$20-50M +1-2 bps 1. Equivalent to +10.2% NII sensitivity for the expected 12-month impact of a +100 bp rate shock on net interest income. Management's sensitivity analysis is based on a static balance sheet, in size and composition, as of March 31, 2022 and is subject to assumptions, including a 60% beta on interest-bearing deposits and an instantaneous and sustained parallel shift in rates. Actual results may differ. 2. Assumes growth in average loans and average deposits consistent with our FY'22 outlook (see page 7) and that securities paydowns (-$2-3B/quarter) and excess balance sheet growth is reinvested in securities until Fed cash target is met (4-6% of total deposits). 3. Based on Q1'22 off-balance sheet client investment fund average balances. Q1 2022 FINANCIAL HIGHLIGHTS 14#15Proactive interest rate risk management Rising rates in Q1 presented opportunity to monetize AFS hedges and rebalance securities Past actions to manage AOCI risk helped support TBV¹ as rates increased in Q1 As of 12/31/21 Only 22% of fixed-income securities in AFS Reduced AFS exposure by emphasizing HTM purchases and transferring securities from AFS to HTM in 2021 $11B Fair value hedges Added receive-floating swaps in 2021 to mitigate decreases in AFS fair value resulting from rising rates Protected TBV by ~$2.5B in Q1'22² svb> $49M Net pre-tax realized gains From unwind of $5B receive- floating swaps (at a $204M gain) and sale of related AFS securities ~$37M Increase in annual NII From reinvestment of AFS sale proceeds into higher-yielding 3-year UST securities³ -$259M Pre-tax unrealized gains From remaining $6B receive-floating swaps outstanding as of 3/31/22 Expect improved new purchase yields given higher rates ~2.50-2.75% Expected new purchase yields (vs. -1.65-1.75% at 1/20/22) Primarily investing in liquid, government/ agency-guaranteed securities ~3.5y Target duration Flat to inverted yield curve limits benefit of extending duration Majority of new purchases in AFS Maximize ALM flexibility and satisfy LFI requirements 1. Non-GAAP financial measure. See "Use of non-GAAP Financial Measures" in our Q1 2022 Earnings Release and our non-GAAP reconciliations at the end of this presentation. 2. Estimate that 3/31/22 SVBFG TBV would have been -$2.5B lower if fixed income portfolio mix had been maintained at 65% AFS / 35% HTM (consistent with 12/31/20 mix) and no receive-floating swaps had been added. 3. Included in FY'22 NII outlook. Q1 2022 FINANCIAL HIGHLIGHTS 15#16Diversification supports growth and profitability Investments diversifying revenues ● ● ● ● e ● Client acquisition Wealth management Investment banking SVB Capital funds International expansion Digital banking Liquidity solutions FX and payments New products & expertise $10B International average loans 14% of total loans $2.9 2018 $4.0 2019 svb> $5.7 2020 $8.3 2021 $9.7 Q1'22 Core fees and SVB Securities revenue* $M 516 2018 $12.9 2.4 10.5 894 2018 252 642 2019 $15.0 3.1 11.9 1,084 2019 481 603 2020 $19.0 3.6 $45B International average total client funds 11% of total client funds 15.4 1,289 2020 538 751 2021 $37.7 4.4 33.3 348 118 230 2021 Q1'22 $45.4 OBS 5.4 client funds 40.0 SVB Securities revenue Core fee income Q1'22 Total deposits Warrant and investment gains Net of NCI* $M 139 89 50 2018 $57 2018 225 138 87 2019 Note: International activity reflects figures for our international operations in the U.K., Europe, Israel, Asia and Canada. This management segment view does not tie to regulatory definitions for foreign exposure. * Non-GAAP financial measure. See "Use of non-GAAP Financial Measures" in our Q1 2022 Earnings Release and our non-GAAP reconciliations at the end of this presentation. $70 572 2019 237 335 2020 $35M International core fee income 15% of total core fees $80 1,081 2020 560 521 2021 $117 2021 Gains expected to moderate from 2021's exceptional levels and may be volatile QoQ; lower gains more than offset by expected NII growth 130 63 67 Q1'22 $35 Q1'22 Warrant gains Investment securities gains Q1 2022 FINANCIAL HIGHLIGHTS 16#17Strong capital position with multiple levers to support capital ratios Targeting 7-8% Bank Tier 1 leverage Levers to support capital ratios svb> Silicon Valley Bank capital ratios¹ As of 3/31/22 SVB capital ratio Regulatory minimum 14.91% 15% Q1'22 ROE Strong profitability builds capital 7.00% Common Equity Tier 1 14.91% 8.50% Tier 1 Capital 40+ liquidity solutions 15.44% 1. Ratios as of March 31, 2022 are preliminary. 2. Excludes $1.1B shares issued on July 1, 2021 to complete Boston Private acquisition. 10.50% Robust liquidity solutions on- and off- balance sheet help manage growth Total Capital I I I I I 7.09% 4.00% Tier 1 Leverage SVBFG liquidity Q1'22 Bank capital ratio drivers Strong earnings and robust balance sheet growth No downstream of SVBFG liquidity to Bank in Q1 $2B 3/31/22 SVBFG liquidity ● ● a portion of which can be downstreamed to Bank Capital markets activity to support growth FY'21 new issuances $1.7B Senior notes $3.4B Preferred stock $2.4B Common stock² Amounts are gross of fees Q1 2022 FINANCIAL HIGHLIGHTS 17#18Improved revenue outlook provides opportunity to further accelerate investments across our strategic priorities Strategic priorities to drive and support long-term scalable growth Enhance client experience End-to-end digital banking platform Digital client onboarding Technology platform upgrades APIs and payment enablement Strategic partnerships to accelerate product delivery Drive revenue growth svb> Talent attraction, retention and development SVB Securities expansion SVB Private integration and go-to-market strategy Strategic investments Client acquisition New products and product penetration Fintech strategy Geographic expansion New SVB Capital funds Improve employee enablement OneSVB collaboration initiative to deliver the full power of the SVB platform to clients nCino credit onboarding platform Agile ways of working Mobile and collaboration tools Client and industry insights Global Delivery Centers Diversity, Equity & Inclusion initiatives Raising FY'22 noninterest expense growth outlook (excluding merger-related charges) to high 20s% Currently do not expect to further increase our FY'22 expense growth outlook with future rate hikes Enhance risk management Large Financial Institution regulatory requirements (Category IV (>$100B in average total consolidated assets); preparing for Category III*) Data foundation Cybersecurity U.K. subsidiarization requirements * Category III standards will become applicable at >$250B in average total consolidated assets or >$75B in weighted short-term wholesale funding, nonbank assets or off-balance-sheet exposure. Q1 2022 FINANCIAL HIGHLIGHTS 18#19Attractive long-term growth opportunity $111 Robust earnings power Industry-leading growth and profitability Diversified revenue streams to drive earnings through rate and economic cycles Differentiated business model Increasing clients' probability of success through the combined power of our four core businesses, our deep expertise and long-standing innovation economy relationships Robust, resilient markets svb> Innovation is driving economic growth, and digital adoption and activity in healthcare are accelerating Long-term financial objectives² Unique liquidity franchise Powerful client funds franchise generates robust, low cost deposit growth Low rate environment (0-2.50% Fed Funds rate) 000 Growth investments Expanding and deepening platform to meet innovation clients' needs at all stages ~15% ~10% ROE EPS growth annualized Enhancing our systems, infrastructure and processes to support our continued growth Strong credit and asset quality Long track record of strong underwriting and resilient credit performance Industry-leading growth and profitability 88% of assets in high-quality investments and low credit loss experience lending¹ Normalized rate environment (>2.50% Fed Funds rate) -20% -10% ROE EPS growth annualized 1. Based on cash, fixed income investment portfolio and Global Fund Banking and Private Bank loan classes of financing receivables as of March 31, 2022. 2. Long-term financial objectives are not specific to our FY'22 outlook. Strong capital management and ample liquidity Ability to support growth and manage shifting economic conditions while investing in our business P Proven leadership ~20% EPS growth annualized Deep bench of proven leaders delivering sustainable growth, supported by strong global team Rising rate environment Q1 2022 FINANCIAL HIGHLIGHTS 19#20svb> Performance detail and outlook drivers Q1 2022 FINANCIAL HIGHLIGHTS 20#21Key external variables to our forecast Our performance is influenced by a variety of external variables, including but not limited to: • Promote new company formation which helps support client acquisition Source of client liquidity which impacts total client funds growth A source of repayment for Investor Dependent loans sub> VC fundraising and investment PE fundraising and investment Exit activity Capital markets Interest rates Economic environment Competitive landscape Political environment ● ● ● ● Proceeds from public market and M&A exits generate client liquidity ● A source of repayment for Investor Dependent loans ● ● ● ● ● • Level of interest rates and shape of yield curve directly impact NIM via lending and investment yields/spreads vs. funding costs Client investment fees move with short-term rates ● ● ● ● ● ● Primary driver of capital call line demand which has been the largest source of loan growth over the past 8 years ● ● Ability for companies to exit affects VC/PE fundraising and investment Impacts investment banking revenue and value of warrants and investment securities Performance and volatility of public, private and fixed income markets impact exit activity, market-driven revenues (FX, loan syndications, investment banking revenue and commissions, warrant and investment gains and wealth management and trust fees) and VC/PE fundraising and investment Affect mortgage and securities prepayment speeds, impacting timing of premium amortization Impact clients' preference for on- vs. off-balance sheet liquidity solutions and interest-bearing vs. noninterest-bearing deposits Affect mortgage demand Affects health of clients which determines credit quality Level of business activity drives client liquidity and demand for our products and services Inflation impacts costs (for us and clients) and influences fiscal and monetary policy decisions Affects margins and client acquisition Impacts compensation to attract and retain talent Current administration and Congress will influence economic policy and stimulus, business and market sentiment, global trade relationships, bank regulations and corporate taxes Geopolitical events can impact capital markets and economic environment Q1 2022 FINANCIAL HIGHLIGHTS 21#22Healthy deposit growth - despite moderating total client funds - augmented by flexible liquidity solutions; Maintaining low 40s % FY'22 average deposit growth outlook Q1'22 activity Continued strong early-stage investment and client acquisition fueled healthy deposit growth, augmented by flexible liquidity solutions that shifted off- balance sheet client funds on-balance sheet • Moderating total client funds (average +2%, EOP flat) as public market volatility slowed later-stage fundraising and exits and year-end PE/VC distributions impacted Q1 balances Deposit costs remained at industry-leading lows (+1 bp QoQ) ● FY'22 outlook key assumptions Deposit growth: + Healthy early-stage trends Continued strong early-stage VC investment and robust client acquisition support liquidity growth Significant PE/VC dry powder That needs to be deployed Robust liquidity solutions and substantial OBS balances Provide flexibility to support on-balance sheet deposit growth Near-term pressure on later-stage fundraising and exits Primary drivers of exceptional liquidity growth in 2021 China policy changes Slows investment in Chinese companies Cost of deposits: + Higher cost of interest-bearing deposits NII sensitivity model assumes 60% beta on interest-bearing deposits, consistent with our experience over the 2015-2018 rising rate cycle Increased demand for interest-bearing products Given current higher rate environment svb> Average client funds $B 262 37 73 152 Q1'21 66.2% 0.04% 308 42 Q1'21 92 Average deposit mix and pricing 174 Q2¹21 68.4% 0.04% Q2'21 355 54 110 191 Q3'21 67.1% 0.05% Q3'21 391 60 123 208 Q4'21 67.1% 0.04% +51% YoY Q4'21 397 65 126 206 Q1'22 7 bps cost of deposits at 3/31/22 65.8% 0.05% Interest-bearing deposits Q1'22 Noninterest-bearing deposits Off-balance sheet client funds Percent of noninterest-bearing deposits Total cost of deposits Q1 2022 FINANCIAL HIGHLIGHTS 22#23Repositioned securities portfolio to take advantage of rising rates Q1'22 activity Monetized $204M gains from $5B AFS hedges and sold underlying hedged securities, resulting in a net gain of $49M ● ● FY'22 securities strategy Primarily investing in government/agency-guaranteed securities, emphasizing AFS purchases in the near term to maximize ALM flexibility and satisfy LFI liquidity requirements ● Reinvested AFS sale proceeds and HTM paydowns, purchasing $10B securities (primarily USTs and agency MBS) at improved yields (2.22% weighted average new purchase yield, 4.3y duration) ● Buying -3.5y securities as flat to inverted yield curve limits benefit of extending duration • Expect average FY'22 portfolio yield to be ~1.80-1.90%. Key assumptions: Improved new purchase yields Expect new purchase yields -2.50-2.75% (vs. 1.65-1.75% at 1/20/22) Estimated $2.0-3.0B paydowns per quarter High-quality credit investments Opportunistically buying strong credit-quality munis and corporate bonds in HTM to support portfolio yields Premium amortization expense From prepayments of securities purchased at a premium If 10-year UST dropped below 2%, expect an in-year increase in premium amortization expense of $40-60M Rate protections $6B receive-floating swaps on AFS portfolio at 8 bps cost (as of 3/31/22) svb> * Actual balances depend on timing of fund flows. Average fixed income investment securities $B 1.90% 53.5 Q1'21 4.8y 4.3y 18.2 3.4 14.8 1.57% Q1'21 Q2'21 Average cash and equivalents $B 1.55% 111.7 93.8 72.3 all Q3'21 Q4'21 4.5y 3.9y 21.1 4.4 16.7 4.5y 4.0y Q2'21 21.8 5.9 15.9 1.54% Q3'21 4.0y 3.7y 22.1 6.0 16.1 1.79% Tax-effected Yield Q4'21 125.6 Q1'22 4.9y 4.8y 14.8 5.6 9.2 Q1'22 Yields +25 bps QoQ as higher rates slowed estimated prepayment speeds, reducing premium amortization expense Average securities +12% QOQ driven by late Q4'21 purchases Portfolio duration Hedge-adjusted $13B Fed Cash at 3/31/22 Targeting Fed cash at 4-6% of total deposits ($8-12B)* Cash in other financial institutions and foreign central banks Fed cash Q1 2022 FINANCIAL HIGHLIGHTS 23#24PE investment activity and increased Technology and Life Science/Healthcare borrowing drove robust loan growth; Raising FY'22 average loan growth outlook to mid 30s % on strong pipelines Q1'22 activity Robust loan growth (average +7% QOQ, EOP +4% QoQ) led by strong GFB capital call lending ● • Market volatility increased demand for Technology and Life Science/Healthcare loans • Strong mortgage originations (~$770M, in-line QoQ) driven by refinance activity in reaction to rising rates Average Loans $B Average Loan Yield svb> 46.3 5.0 11.8 26.3 Q1'21 58.4% 3.45% Q4'21 loan yield 1.6 1.6 49.8 5.2 12.4 29.1 Q2¹21 58.2% 1.4 1.7 0.02% Rate hike 59.3 0.6 2.7 1.4 8.2 1.8 12.7 31.9 Q3'21 60.4% 62.6 8.6 13.2 34.4 Q4'21 60.3% (0.01%) 0.3 2.7 1.4 2.0 67.1 0.2 PPP 2.7 CRE 1.3 9.0 1.8 14.0 38.1 (0.01%) Other C&I Premium Wine and Other Private Bank Tech and Life Science/HC Q1'22 60.1% Portfolio utilization Loan yield Loan fees compression (PPP and prepays) Global Fund Banking 3.45% Q1'22 loan yield FY'22 outlook key assumptions Loan growth: + + Significant PE/VC dry powder That needs to be deployed, ultimately fueling GFB capital call line borrowing + Strong SVB Private loan growth, enhanced by Boston Private integration Targeting -$16-17B total balances at year-end, led by mortgage lending (SVB Private loan target includes Private Bank, CRE, Other C&I, Premium Wine and Other loan classes)¹ Robust tech and life science/HC pipelines Increased demand in response to public market volatility Near-term pressure on later-stage fundraising and exits Moderating related PE/VC investment activity Higher loan rates Impact mortgage refinance demand Loan yields: Higher loan yields from March rate hike 92% of Q1'22 average loans were variable rate Rate protections $101M remaining locked-in pre-tax swap gains as of 3/31/22² $21B active loan floors as of 3/31/22³ Boston Private purchase accounting Amortization of fair value mark ups on loans ($50M remaining at 3/31/22, vast majority to be amortized by end of 2023) Shifting loan mix Growth driven by lower yielding GFB and Private Bank mortgages Spread compression From increasing competition and higher rates 1. SVB Private loan target updated to reflect inclusion of Premium Wine class in SVB Private segment reporting beginning Q1'22. Premium Wine loans ($1.0B at 3/31/22) were previously reported in Global Commercial Bank segment reporting. 2. Expect vast majority of remaining pre-tax gains from $5B swap unwind in Q1'20 to be reclassified from OCI to loan interest income by the end of 2023. 3. 3.04% weighted average floor rate. $58M expected benefit from in-the-money floors based on a weighted average maturity of 1.3 years. Q1 2022 FINANCIAL HIGHLIGHTS 24#25Growth in interest-earning assets and higher rates drove robust NII growth Raising FY'22 NII growth outlook to low 50s % and FY'22 NIM outlook to 2.10-2.20% given current higher rates - additional potential upside if rates increase Net Interest Income¹ $M 947 Q4'21 NII 68 1.91% Net Interest Margin 54 Higher fixed Fixed income income yields growth Q4'21 NIM svb> Includes $48M benefit from reduced Q1 premium amortization expense as higher interest rates slowed prepayment speed estimates 0.14% 2 Higher rates 35 Higher Loan growth loan yields & mix shift 0.05% $48M decrease in premium amortization expense increased NIM 9 bps Fixed income growth/ lower cash (11) Day count 0.03% Loan growth & mix shift NII +15% QOQ (4) Funding costs 1,091 Q1'22 NII NIM +22 bps 2.13% Q1'22 NIM FY'22 outlook key assumptions Balance sheet growth Driven by strong client liquidity + + - Improved new purchase yields Expect new purchase yields -2.50-2.75% (vs. 1.65-1.75% at 1/20/22) Estimated $2.0-3.0B paydowns per quarter Higher loan yields from March rate hike 92% of Q1'22 average loans were variable rate Reduction in Fed cash Targeting 4-6% of total deposits - actual balances depend on timing of fund flows Rate protections (+ for loan yields, - for securities yields) $101M remaining locked-in pre-tax swap gains as of 3/31/22² $21B active loan floors as of 3/31/223 $6B receive-floating swaps on AFS portfolio at 8 bps cost (as of 3/31/22) Premium amortization expense From prepayments of securities purchased at a premium If 10-year UST dropped below 2%, expect an in-year increase in premium amortization expense of -$40-60M Boston Private purchase accounting Amortization of fair value mark ups on loans ($50M remaining at 3/31/22, vast majority to be amortized by end of 2023) Shifting loan mix Growth driven by lower yielding GFB and Private Bank mortgages Spread compression From increasing competition and higher rates Higher deposit costs (but still low vs. peers) As demand for interest-bearing products increases and interest-bearing deposits reprice higher following March rate hike; NII sensitivity model assumes 60% beta on interest-bearing deposits, consistent with our experience over the 2015-2018 rising rate cycle 1. NII is presented on a fully taxable equivalent basis, while NII guidance excludes fully taxable equivalent adjustments. 2. Expect vast majority of remaining pre-tax fair value gains from $5B swap unwind in Q1'20 to be reclassified from OCI to loan interest income by the end of 2023. 3. 3.04% weighted average floor rate. $58M expected benefit from in-the-money floors based on a weighted average maturity of 1.3 years. Q1 2022 FINANCIAL HIGHLIGHTS 25#26Excellent credit performance - well-positioned to withstand potential impacts of prolonged public market volatility; Maintaining 15-35 bps FY'22 NCO outlook FY'22 outlook key assumptions Q1'22 activity Excellent credit performance marked by low gross charge-offs ($18M), strong recoveries ($10M) and declining NPLs ($72M, -$19M QOQ) ● . Provision primarily driven by a $19M increase in performing and unfunded reserves for robust growth and $6M net credit losses, partially offset by a $15M decrease in specific reserves from repayments and credit upgrades Credit quality Q1'21 metrics 0.79%¹ 0.20% Provision components $M svb> Q1'21 $19 811 18 (16) (62) (3) Q2'21 0.10% 0.16% Q2'21 $35 15 15 (7) 4 0.07% Q3'21 Q4'21 Q1'22 0.01% 0.05% 0.14% 0.10% 0.19% Q3'21 $21 46 27 10 (70) 7 Q4'21 $48 3 22 20 2 Q1'22 $11 15 (13) (1) Net charge-offs² Non-performing loans³ Provision for credit losses BP non-PCD & unfunded commitments Unfunded Net credit losses Loan 4 6 composition Non-performing loans HTM securities Model assumptions Moody's March economic scenarios 2. Net loan charge-offs as a percentage of average total loans (annualized). 3. Non-performing loans as a percentage of period-end total loans. 40% baseline Recovering business activity As COVID-19 restrictions ease Strong client balance sheets Record VC investment over the past 2 years has extended client runway 30% downside Significant PE/VC dry powder That needs to be deployed Improved risk profile of loan portfolio Early Stage - historically has produced the most losses - only 2% of loans; 70% of loans in low credit loss experience GFB and Private Bank classes 30% upside Minimal Russia/Ukraine direct exposure No material impact from Russia/Ukraine conflict 1. Q1'21 included an $80M net charge-off related to an isolated GFB potential fraud incident. Less this $80M net charge-off, Q1'21 net credit losses were $1M and net charge-offs were 0.09%. Increased CRE exposure from acquired Boston Private loans Commercial real estate more impacted by COVID-19 restrictions and transition to hybrid work environment; mitigated by limited overall exposure (only 4% of total loans), well-margined collateral and ample reserves Larger Growth Stage and Innovation C&I loan sizes Growth of our balance sheet and our clients has increased number of large loans, which may introduce greater volatility in credit metrics Q1 2022 FINANCIAL HIGHLIGHTS 26#2770% of loans in low credit loss experience Global Fund Banking and Private Bank classes Total loans $69B at 3/31/22 Innovation C&I 11% Growth Stage ID I 6% svb> CFD-SLBO 3% Early Stage ID 2% Premium Wine CRE 1% 4% 1 Other C&I 2% Other 1% Private Bank 13% Global Fund Banking ("GFB") 57% 1 Allowance for credit losses for loans $421M at 3/31/22 Premium Wine 1% Other C&I 3% Other 1% CRE 8% Innovation C&I 19% CFD- SLBO 8% Private Bank 9% Note: See the Appendix at the end of this presentation for more information on our portfolio segments and classes of financing receivables. Global Fund Banking ("GFB") 16% Early Stage ID 13% Growth Stage ID 22% ID = Investor dependent | CFD = Cash flow dependent | SLBO = Sponsor-led buyout | C&I = Commercial & industrial | PPP = Paycheck Protection Program | CRE= Commercial real estate - Low credit loss experience classes Technology & Life Science/Healthcare Q1 2022 FINANCIAL HIGHLIGHTS 27#28Improved client investment fee margin drove robust core fee income growth Raising FY'22 core fee income growth outlook to mid 40s % given current higher rates - additional potential upside if rates increase Q1'22 activity Client investment fees +75% QOQ as fee margin increased 3 bps to 7 bps with March rate hike, driving robust core fee income growth as performance of other fee segments remained consistently strong QoQ ● Core fee income¹ $M SVB Private AUM² $M svb> 159 28 57 25 20 16 13 Q1'21 19,646 Q4'21 AUM 172 31 67 28 15 18 13 Q2¹21 204 22 34 65 29 20 21 13 Q3'21 264 Net flows 216 22 38 73 30 20 21 12 Q4'21 (902) 230 Market returns 22 37 73 30 35 19 14 Q1'22 Wealth management & trust fees ("WM&T") Credit card fees FX fees Deposit service charges Client investment fees Lending related fees LOC fees Public market volatility pressured AUM 19,008 Q1'22 AUM FY'22 outlook key assumptions + Improved client investment fee margin with March rate hike 15 bps at 3/31/22 Significant PE/VC dry powder That needs to be deployed, ultimately fueling GFB FX activity Higher lending related fees Driven by higher unused commitments from robust loan growth as well as syndication opportunities in collaboration with SVB Securities Recovering business activity Supports card spend New client growth and deepening engagement From investments in client acquisition, new products and client experience Enhanced wealth management offering Full-year impact of inclusion of Boston Private + newly launched brand and product suite Public market volatility + near-term pressure on later-stage fundraising and exits Moderates GFB FX activity, client liquidity growth, client spending, demand for syndicated loans and SVB Private AUM growth Lowered SVB Private AUM year-end target to ~$21-22B (vs. previous target at -$22-23B) due to public market volatility 1. Non-GAAP financial measure. See “Use of non-GAAP Financial Measures" in our Q1 2022 Earnings Release and our non-GAAP reconciliations at the end of this presentation. 2. Represents SVB Private's client investment account balances. Q1 2022 FINANCIAL HIGHLIGHTS 28#29Public market volatility pressured equity capital markets activity Decreasing FY'22 SVB Securities revenue outlook to $500-550M IMME Tools & Diagnostics Institutional Equities Alternative Equities Life Sciences/Healthcare svb> Convertible Securities Digital Health & Health Tech Medical Devices Equity MEDACorp Research svb> Securities Private Placements Biopharma Healthcare Services SPACS Equity Capital Markets M&A Advisory Leveraged Finance Structured Finance Technology (launched September 2021) Education Technology Consumer Software, Internet & Info Services Enterprise Software Levering Fintech Industrial Technology Digital Infra & Tech Services Q1'22 activity Only 8 book-run ECM transactions ($2.0B in aggregate deal value) ● Early wins from recently hired teams, with M&A advisory fees now 46% of SVB Securities revenue (vs. 2% 1-year ago) • Continue to fill out team, hiring 19 bankers to support our Technology, Healthcare Services and Health Tech practices Compensation for prior year hiring drove expenses higher than revenue ● SVB Securities revenue¹ $M 166 24 13 125 4 120 17 84 19 Q2'21 $99M Q1'21 $136M FY'22 outlook key assumptions 107 17 25 26 39 Q3'21 $142M 145 21 17 51 1. Non-GAAP financial measure. See "Use of non-GAAP Financial Measures" in our Q1 2022 Earnings Release and our non-GAAP reconciliations at the end of this presentation. 2. Included in investment banking revenue. 3. Included in FY'22 outlook for SVB Securities revenue of $500M-$550M. 56 Q4'21 $184M 118 25 54 32 Q1'22 $134M 7 Commissions Private placements² M&A advisory² Underwriting fees² SVB Securities expenses Public market volatility Pressures later-stage/public valuations and near-term ECM activity New hires and expertise Recent hires to grow Technology, Healthcare Services and Health Tech investment banking help diversify business by expanding SVB Securities' advisory capabilities Combined new initiatives expected to contribute -$150-200M of revenues in 2022³ Expect -20-40 additional hires (across levels) through year-end Strengthening collaboration Between Commercial Bank and SVB Securities, enhanced by OneSVB initiative to deliver the full power of the SVB platform to clients Q1 2022 FINANCIAL HIGHLIGHTS 29#30Moderating market-related gains and potential volatility Expect gains to moderate from 2021's exceptional levels, more than offset by expected NII growth Q1'22 activity Warrant gains driven primarily by unrealized valuation increases as exits slowed Investment gains driven primarily by $49M net gains from sale of AFS fixed income securities and related swap unwind (realized) and $49M gains from SVB Capital managed funds (primarily unrealized), partially offset by $32M losses in public equity positions (primarily realized) FY'22 considerations ● ● + + Public market volatility Impacts valuations, PE/VC investment and exits Near-term pressure on later-stage fundraising and exits Moderates private valuation growth and increases potential for down rounds Fewer exits reduce opportunities to realize gains Granular, diversified positions Warrants: Only 54 warrants out of 2,800+ positions with a fair value >$1M, collectively representing $175M in fair value Private fund investments: Exposure to over 500 funds with nearly 25,000 investments in ~10,000 companies across various industries and stages of development Strong client liquidity Private valuations driven by fundraising events strong client liquidity mitigates need to raise equity at lower valuations Limited public equity exposure Predominantly private companies svb> Warrant and investment gains Net of NCI¹ $M Warrant gains Gains from sales of AFS securities Investment gains less AFS sales Warrants 364 Non-marketable and other equity securities ¹, 2 222 142 Q1'21 244 Warrants & non-marketable and other equity securities ¹,2 $M 1,015 314 Q1'21 122 192 Q2¹21 266 949 Q2'21 248 147 101 Q3'21 274 1,216 Q3'21 Note: The extent to which unrealized gains (or losses) from investment securities from our non-marketable and other equity securities portfolio as well as our equity warrant assets will become realized is subject to a variety of factors, including, among other things, performance of the underlying portfolio companies, investor demand for IPOs and SPACs, fluctuations in the underlying valuation of these companies, levels of M&A activity and legal and contractual restrictions on our ability to sell the underlying securities. 1. Non-GAAP financial measure. See "Use of non-GAAP Financial Measures" in our Q1 2022 Earnings Release and our non-GAAP reconciliations at the end of this presentation. 2. Net of investments in qualified affordable housing projects and noncontrolling interests. 155 69 32 54 Q4'21 277 1,222 Q4'21 130 63 49 18 Q1'22 323 1,259 Q1'22 Q1 2022 FINANCIAL HIGHLIGHTS 30#31Net warrant gains more than offset Early Stage charge-offs over time and offer meaningful long-term earnings support Warrant gains net of early stage losses $M -3 -13 2002 8 3 svb> O 3 -2 22 -7 2003 2004 2005 2006 23 -10 11 -16 O -58 2007 2008 2009 7 -23 2010 37 2011 19 -21 2012 46 -26 2013 71 -30 2014 -12 2015 38 -45 2016 55 -35 2017 89 -28 2018 138 237 -23 -27 2019 2020 560 -28 2021 63 -4 Q1'22 $1.1B Cumulative net gains (2002-Q1'22 warrant gains less early stage NCOS) Net gains on equity warrant assets Early stage NCOS Q1 2022 FINANCIAL HIGHLIGHTS 31#32Lower compensation, merger-related charges and other expenses drove expense decline Raising FY'22 noninterest expense growth outlook to high 20s % (excluding merger-related charges) on improved revenue outlook Q1'22 activity Decrease in compensation and benefits expense driven primarily by lower SVB Securities incentives as deal activity declined, partially offset by increased salaries and wages from continued firmwide hiring and higher seasonal expenses ● Increase in average FTES driven by hiring in our 1) Global Commercial Bank to drive revenue growth, 2) teams to enhance the digital client experience and infrastructure to support employee enablement and 3) regulatory teams to execute our LFI initiatives Merger-related charges declined as we continue to progress with the Boston Private integration Other expense decreased QoQ primarily due to higher charitable donations in Q4'21 related to seasonal year-end giving campaigns Noninterest expenses ● ● ● $M 45.3% 636 55 33 81 445 Q1'21 4,601 18 4 svb> 43.9% 653 55 37 97 425 Q2'21 4,808 973 57.7% 879 59 83 25 54 104 548 Q3'21 6,024 6 60.1% 902 80 23 54 110 597 Q4'21 6,431 27 11 54.6% 873 72 23 58 106 584 Q1'22 6,975 16 64 14 GAAP efficiency ratio Other Merger-related charges Occupancy BD&T Premises and equipment Professional services Compensation and benefits Average FTES FY'22 key drivers Improved revenue outlook provides opportunity to further accelerate investments across our strategic priorities to drive long-term scalable growth Expected FY'22 noninterest expense growth Excludes merger-related charges* Raising FY'22 noninterest expense growth outlook to high 20s% (excluding merger-related charges) - currently do not expect to further increase our FY'22 expense growth outlook with future rate hikes FY'21 expenses High single digits % In line with historical core expense growth Core expense growth * Estimate - $40M pre-tax merger-related charges in 2022 ($16M in Q1'22, -$15M in Q2'22 and the remainder in 2H'22). Mid single digits % FY impact of BP expenses PBWM strategy SVB Private Continued hiring & FY impact of 2021 hires SVB Securities High single digits % OneSVB Data Cyber Agile nCino Mobile & collab Digital Strategic investments Talent Client acquisition New products Employee Client enablement experience & risk & revenue management growth initiatives Mid single digits % Further accelerated investments across our strategic priorities (see page 18) Reinvestment of portion of improved revenue outlook FY'22 expenses Q1 2022 FINANCIAL HIGHLIGHTS 32#33Q1'22 Summary Executing on our vision Raising 2022 revenue outlook Additional potential upside if rates increase Resilient markets Well-positioned to withstand volatility and drive long-term, scalable growth Accelerating investments svb> Consistent progress on leveraging the combined power of our global platform OneSVB: Facilitating collaboration across our businesses to help clients navigate each step of their financial journey March rate hike and overall higher rates since 1/20/22 accelerate NII and core fee income growth Future rate increases would significantly enhance earnings power Continued robust client acquisition and healthy early-stage investment, despite slowdown in later-stage investments and exits Long-term tailwinds supporting innovation economy remain intact: acceleration of digital and significant dry powder Powerful client funds franchise with flexibility to generate robust, low cost deposit growth Balance sheet growth provides foundation for sustainable NII ALM positioning to take advantage of higher interest rates Strong capital, high-quality balance sheet, robust earnings power and diversified business model Improved revenue outlook enables us to further invest in our strategic priorities (enhance client experience, drive revenue growth, improve employee enablement and enhance risk management) to drive and support long-term scalable growth Q1 2022 FINANCIAL HIGHLIGHTS 33#34Appendix svb> Q1 2022 FINANCIAL HIGHLIGHTS 34#35The financial partner of the global innovation economy We help individuals, investors and the world's most innovative companies achieve their ambitious goals Startup (Early-Stage) Revenue <$5M CLIMATE TECH HARDWARE & FRONTIER TECH Deep sector expertise PREMIUM WINE Technology & Life Sciences/Healthcare CONSUMER INTERNET A Venture- Funded Revenue $5M-$75M FINTECH PRIVATE EQUITY & VENTURE CAPITAL LIFE SCIENCE & HEALTHCARE ENTERPRISE SOFTWARE Corporate Banking Revenue >$75M $ 2+5 Investors Private Equity Venture Capital Comprehensive solutions GLOBAL COMMERCIAL BANKING FUNDS MANAGEMENT RESEARCH & INSIGHTS R Individuals Entrepreneurs, Investors, Executives INVESTMENT SOLUTIONS PRIVATE BANKING & WEALTH MANAGEMENT INVESTMENT BANKING K We bank: Nearly half Q1'22 U.S. venture- backed technology and life science companies svb> 43% Q1'22 U.S. venture- backed technology and healthcare IPOs Unparalleled access, connections and insights to increase our clients' probability of success Q1 2022 FINANCIAL HIGHLIGHTS 35#36Building the premier investment bank dedicated to the innovation economy Institutional Equities Life sciences/Healthcare capabilities Alternative Equities Convertible Securities MEDACorp Education Technology svb> Private Placements Equity Research svb> Securities Technology (launched September 2021) boven Industrial Technology SPACS Technology capabilities Enterprise Software Equity Capital Markets M&A Advisory Leveraged Finance Structured Finance New capabilities added in 2021 טטט Digital Infra & Tech Services Consumer Software, Internet & Info Services Enhancing our ability to deliver strategic support to our clients as they grow ● ● ● Rebranded as SVB Securities to reflect our expanded focus Acquired technology equity research firm MoffettNathanson LLC Launched Technology Investment Banking Deepened Healthcare Services and Health Tech Practices Added Leveraged Finance, SPACs and Structured Finance capabilities Fintech Life Sciences/Healthcare wwwww Tools & Diagnostics Medical Devices Biopharma Expanded In 2021 Healthcare Services Digital Health & Health Tech Q1 2022 FINANCIAL HIGHLIGHTS 36#37Creating a premier private banking & wealth management platform Focused on capturing the Complete integration process (next ~12 months) Refine client engagement model, formalize referral channels and integrate technology systems -$400B potential opportunity among current clients¹ Grow residential mortgages Immediate opportunity to introduce entrepreneurs and executives at our commercial clients to Private Banking Early performance indicators ~$770M 14 Wealth advisor hires since acquisition close Q1'22 mortgage originations Initial driver of revenue synergies svb> 12/31/22 Targets ~$16-17B SVB Private loans vs. $14B at 3/31/22 (includes Private Bank, CRE, Other C&I, Premium Wine and Other loan classes)² Attract talent Add capacity to serve clients • Further enhance capabilities and expertise Offer differentiated solutions • Trust and family office services •SVB Capital funds and private placements ● • Developing comprehensive private stock solutions, leveraging Nasdaq Private Market JV ~$21-22B SVB Private AUM vs. $19.0B at 3/31/22 Medium-term targets (~3 years) ~$70B Total client position vs. $47B ($19B SVB Private AUM, $14B loans and $14B deposits) at 3/31/22³ 1. Estimated potential "total client position" ("TCP") through SVB's current commercial clients based on SVB management analysis (2020). Includes potential wealth management assets, loans and deposits. svb> Private Launched new brand and product suite 4/21/22 2. SVB Private loan target updated to reflect inclusion of Premium Wine class in SVB Private segment reporting beginning Q1'22. Premium Wine loans ($1.0B at 3/31/22) were previously reported in Global Commercial Bank segment reporting. 3. Reported Total Client Position represents sum of SVB Private assets under management ("AUM") and loans and deposits as reported in our SVB Private segment reporting. At least 1 SVB Private relationship at 50% of commercial clients Q1 2022 FINANCIAL HIGHLIGHTS 37#38Well-positioned to capture compelling private banking and wealth management opportunity Trusted advisor and team Dedicated advisor supported by a team of specialists • Deep wealth management and innovation economy expertise ● Superior client focus Holistic, relationship- based advice and service svb> HNW/UHNW Family office Tax planning Philanthropy Trust & estate Comprehensive planning to prepare for complex financial needs resulting from liquidity and life events Full product suite Mortgages Private stock lending Securities-based loans Lending Specialty commercial Wealth Advisory SVB Capital access Private placements Brokerage solutions Impact investing Premier private banking and wealth platform Exclusive access Investment to networking events, insights and investment opportunities in the innovation economy Tailored solutions Wealth access digital portal to address equity compensation, concentrated stock positions and non-liquid assets Seamless onboarding 360° view of financial positions Integrated banking and wealth solutions Personalized financial planning Customized portfolio management 24-7 access and support 龍 Next generation digital platform "Always on" digitally enabled interactions and improved efficiencies Large balance sheet to support clients' borrowing needs Q1 2022 FINANCIAL HIGHLIGHTS 38#39Strategic partnerships: another channel to expand capabilities to better meet clients' needs NPM Nasdaq Private Market Centralized marketplace for trading private company stock Commercial Banking: Enable clients to manage secondary offerings with leading technology platform and global distribution network SVB Private, SVB Capital & SVB Securities: Provide investor clients more liquidity options and broader access to investment opportunities svb) bolster Marketplace for on-demand executive talent Commercial Banking: Help clients rapidly scale and diversify their leadership teams and boards SVB Private: Provide clients with access to job opportunities within the innovation economy aumni Investment analytics platform for VCs, LPs and other private capital investors Commercial Banking: Provide a powerful solution for our PE and VC clients to gain enhanced insights into their portfolios SVB Capital: Assist SVB Capital team with market benchmarking, streamlined LP reporting and portfolio analytics Note: SVB maintains a noncontrolling equity interest in each of the companies listed above. techstars_ Largest global seed investor and accelerator program Commercial Banking: Expand SVB's early-stage client acquisition channels and support innovative companies in Techstars' global network Gain sector and market insights in the innovation economy vouch Commercial insurance provider powered by technology serving high-growth, venture- backed startups Commercial Banking: Connect early and mid-stage clients to Vouch's tailored commercial insurance solutions to benefit customer retention and risk mitigation Q1 2022 FINANCIAL HIGHLIGHTS 39#40High-quality balance sheet growth driven by deposits Period-end assets $B 88% of assets in high-quality investments and low credit loss experience lending* 56.9 2018 svb> 71.0 52% CAGR 2019 115.5 2020 211.5 2021 220.4 Q1'22 Other assets Non-marketable securities (primarily VC & LIHTC investments) Held-to-maturity securities Available-for- sale securities Cash and cash equivalents Net loans Period-end liabilities $B Noninterest-bearing deposits 63% of total liabilities 51.7 2018 64.4 2019 53% CAGR 107.1 2020 194.9 2021 * Based on cash, fixed income investment portfolio and Global Fund Banking and Private Bank loan classes of financing receivables as of March 31, 2022. 204.0 Q1'22 Other liabilities Borrowings Interest-bearing deposits Noninterest-bearing deposits Q1 2022 FINANCIAL HIGHLIGHTS 40#41High-quality and liquid investment portfolio U.S. Treasuries and agency-backed securities make up 93% of fixed income portfolio Period-end available-for-sale securities $B Emphasizing AFS purchases in the near term to maximize ALM flexibility and satisfy LFI liquidity requirements 7.8 2018 svb> 14.0 2019 30.9 2020 27.2 2021 26.0 Q1'22 U.S. treasury securities U.S. agency debentures Agency-issued collateralized mortgage obligations - fixed rate Agency-issued collateralized mortgage obligations - variable rate Period-end held-to-maturity securities $B Opportunistically buying strong credit-quality munis and corporate bonds in HTM to support portfolio yields 15.5 2018 13.8 2019 16.6 2020 98.2 2021 Agency-issued residential mortgage-backed securities Agency-issued commercial mortgage-backed securities Corporate bonds Municipal bonds and notes 98.7 Q1'22 Q1 2022 FINANCIAL HIGHLIGHTS 41#42Improved risk profile, with loan growth driven by lowest risk loan classes 70% of loans in Global Fund Banking and Private Bank, classes with lowest historical credit losses Period-end total loans $B Early Stage ID % of total loans 11% 4.5 2009 svb> 10% 5.5 2010 8% 7.0 2011 9% 8.9 2012 9% 10.9 2013 Early Stage Investor Dependent ("ID") loans, our highest risk loan class, now only 2% of total loans, down from 11% in 2009 and 30% in 2000 8% 14.4 2014 6% 16.7 2015 6% 19.9 2016 6% 23.1 2017 6% 28.3 2018 33.2 5% 2019 45.2 3% 2020 66.3 2% 2021 68.7 2% Q1'22 PPP CRE Other C&I Premium Wine and Other Private Bank Technology and Life Science/Healthcare Global Fund Banking Q1 2022 FINANCIAL HIGHLIGHTS 42#43Long history of strong, resilient credit We've successfully navigated economic cycles before and our risk profile has improved Non-performing loans & net charge-offs NPLs¹ NCOS² Improved loan mix % of period-end total loans svb> 3.32% 1.07% 1.02% 1.03% 0.97% 0.62% 0.64% 0.25% -0.08% 2000 30% Early Stage 5% GFB + Private Bank 0.31% 0.26% 0.10% 0.04% 0.18% 0.14% 1.57% 1. Non-performing loans as a percentage of period-end total loans. 2. Net loan charge-offs as a percentage of average total loans. 3. Pullback in VC investment. 0.35% 1.15% 0.87% 2.64% 0.71% 0.77% 0.52% 0.42% 2009 11% Early Stage 30% GFB + Private Bank -0.02% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Dotcom Bubble Crash Global Financial Crisis 0.47% 0.31% 0.73% 10.33% 0.32% 0.27% 0.59% 0.30% 0.51% 0.46% 0.34% 0.32% 0.23% 0.27% 0.22% 0.24% 2015 2016 2017 2018 2019 VC Recalibration³ Less Q1'21 $80M GFB potential fraud incident 0.21% 0.14% 0.20% 0.06%0.10% 0.05% 2020 2021 Q1'22 COVID-19 Pandemic Q1'22 2% Early Stage 70% GFB + Private Bank Q1 2022 FINANCIAL HIGHLIGHTS 43#44Modestly lower ACL % driven by continued strong credit quality Allowance for credit losses for loans and unfunded credit commitments $M Tech & LS/HC svb> Early Stage Investor Dependent Growth Stage Investor Dependent Cash Flow Dep: Sponsor Led Buyout C&I Innovation Global Fund Banking Private Bank Other C&I Commercial Real Estate Premium Wine & Other PPP ACL for loans ACL for unfunded credit commitments ACL for loans and unfunded credit commitments 3/31/22 54 93 33 81 66 37 13 34 10 421 175 596 ACL ($) 12/31/21 *Weighted average ACL ratio for loans outstanding and unfunded credit commitments. 56 90 40 76 67 33 14 36 10 422 171 593 QoQ Change (2) 3 (7) 5 (1) 4 (1) (2) (1) 4 3 3/31/22 3.18% 2.32% 1.80% 1.12% 0.17% 0.40% 1.11% 1.30% 0.78% 0.61% 0.38% 0.52%* ACL (%) 12/31/21 3.51% 2.25% 2.22% 1.14% 0.18% 0.38% 1.11% 1.35% 0.77% 0.64% 0.39% 0.54%* QoQ Change (0.33)% 0.07% (0.42)% (0.02)% (0.01)% 0.02% (0.05)% 0.01% (0.03)% (0.01)% (0.02)% Q1 2022 FINANCIAL HIGHLIGHTS 44#45Low credit risk capital call lines of credit Largest driver of loan growth over past 8 years; strong underwriting and well-diversified Global Fund Banking capital call lending Short-term lines of credit used by PE and VC funds to support investment activity prior to the receipt of Limited Partner capital contributions 56% of total loans Strong sources of repayment % Limited partner commitments Value of fund investments with solid asset coverage and robust secondary markets Only 1 loss in our -30 years of capital call lending svb> 1. Based on period end loans at March 31, 2022. Capital call lines represent 98% of GFB portfolio. 2. Based on total GFB loan commitments (funded + unfunded) as of March 31, 2022. Global Fund Banking portfolio² By investment style PE Funds By industry VC funds Real estate Debt Other 5% 8% Life sciences 19% 14% Energy Other Infrastructure 2% Natural resources 1% Fintech 3% 7% 13% Industrial 4% Real estate 7% Fund of funds 5% 12% Consumer 7% 22% 13% Growth 20% Buyout 38% Technology Debt Q1 2022 FINANCIAL HIGHLIGHTS 45#46Supporting innovation around the world ● SVB Financial Group's offices * Source: PitchBook. 2004 U.K. London Full-service branch (2012) 2005 China Shanghai Hong Kong (2009) Beijing (2010) Business development 2008 Israel Tel Aviv Business development Q1'22 VC investment by market* $74B $33B $30B Americas EMEA APAC 2012 China Joint Venture SPD Silicon Valley Bank (JV) Shanghai Additional JV branches Beijing (2017) Shenzhen (2018) 2016 Europe Ireland (2016) Business development Germany (2018) Lending branch Denmark (2019) Business development svb> 2019 Canada Toronto (2019) Lending branch Vancouver (2020) Business Development Montréal (2021) Business Development Expanding our platform globally Q1 2022 FINANCIAL HIGHLIGHTS 46#47Industry-leading performance Strong return on equity Strong total shareholder return svb> Return on equity SVB Peer Average¹ 20.57% 12.76% 1/1/18 2018 20.03% 7/1/18 Total shareholder return² Since 1/1/18 11.80% 2019 1/1/19 7/1/19 16.83% 8.27% 2020 1/1/20 7/1/20 17.10% 3.18% 2021 1/1/21 15.28% 7/1/21 1. Source: S&P Global Market Intelligence. "Peers" refers to peer group as reported in our Proxy Statement for each year and is subject to change annually. 2022 annualized average peer ROE includes 5 of 16 peers as of April 20, 2022. 2. Cumulative total return on $100 invested on 1/1/18 in stock or index. Includes reinvestment of dividends. 10.94% Q1'22 3/31/22 As of 3/31/22: SVB 2.4x S&P 500 1.7x BKX 1.2x Q1 2022 FINANCIAL HIGHLIGHTS 47#48Strong, seasoned management team Diverse experience and skills to help direct our growth 13 years average tenure at SVB Phil Cox Chief Operations Officer 12 years at SVB Laura Izurieta Chief Risk Officer 5 years at SVB Dan Beck Chief Financial Officer 4 years at SVB Anthony DeChellis CEO SVB Private <1 year at SVB Jeffrey Leerink CEO SVB Securities 3 years at SVB Greg Becker President and CEO 28 years at SVB Mike Descheneaux President Silicon Valley Bank 16 years at SVB John Peters Chief Auditor 15 years at SVB Marc Cadieux Chief Credit Officer 29 years at SVB Michelle Draper Chief Marketing & Strategy Officer 8 years at SVB Michael Zuckert General Counsel 8 years at SVB svb> John China President SVB Capital 25 years at SVB Chris Edmonds-Waters Chief Human Resources Officer 18 years at SVB Q1 2022 FINANCIAL HIGHLIGHTS 48#49Our commitment to ESG Advancing social equity, economic opportunity and environmental sustainability 6 strategic ESG initiatives Talent Engaging and empowering employees W Citizenship Supporting communities where we live and work svb> DEI at SVB Promoting Diversity, Equity & Inclusion at SVB Climate & Environment Supporting the transition to a sustainable, low- carbon world Economic Impact Championing inclusion in the innovation economy Governance Practicing responsible corporate governance New goals & commitments Environmental $5B sustainable finance commitment by 2027 Aim to reduce SVB emissions and achieve carbon neutral operations, including business travel, and 100% of electricity from renewable sources by 2025 ● Social $11.2B Community Benefits Plan (2022-2026)¹ • $50M to Access to Innovation² initiatives by 2025 Member of Pledge 1% - aspire to donate 1% of net income and volunteer 1% of FTE time annually Expand supplier diversity spend to 8+% by 2026 New workplace diversity goals coming soon ● ● ● Governance Annually disclose against leading ESG frameworks ACCOUNTIN ill SASB STAINABILITY STANDARDS BOARD WORLD ECONOMIC FORUM TCFD TASK FORCE ON CLIMATE RELATED FINANCIAL DISCLOSURES Note: Refer to www.svb.com/living-our-values for more information and to access our Corporate Responsibility Report. Website content/links are not a part of this presentation. 1. Includes $5B in small business loans of $1 million or less, $4.8B in Community Reinvestment Act community development loans and investments, $75M in charitable contributions and $1.3B in residential mortgages to low- and moderate-income ("LMI") borrowers and in LMI census tracts in California and Massachusetts over the next 5 years. 2. SVB's signature program to increase funding and representation at all levels for women, Black and Latinx people in the innovation economy. CDP Q1 2022 FINANCIAL HIGHLIGHTS 49#50Increasing Diversity, Equity and Inclusion ("DEI") at SVB Embracing diverse perspectives and fostering a culture of belonging Start with values and culture We start with EMPATHY for others. We speak & act with INTEGRITY. We embrace DIVERSE perspectives. We take RESPONSIBILITY. We keep LEARNING & IMPROVING. Take a multipronged approach Chief Diversity Officer & executive-led DEI Steering Committee Employee Employee awareness programs, Resource Groups regular training & education Hiring outreach programs, university scholarships & strategic partnerships Leadership Fair pay development analysis Full-time Diversity Recruiting Director Employee surveys and focus groups Transparent disclosure New workplace diversity goals coming soon svb> Measure and communicate progress Diversity at SVB* Gender (global) Race & Ethnicity (U.S.) Men 54% 52% Total Workforce ● 1% 3% 5% Women 46% 7% 9% 23% Men 64% 64% White Asian Hispanic/Latinx Native Hawaiian/Other Pacific Islander Senior Leaders ● 2% 3% 5% Women 36% 8% 18% Board Members Added 3 new directors in 2020-2021 Men 55% 91% Black/African American American Indian/Alaska Native O Two or more races Not disclosed Note: Refer to www.svb.com/living-our-values/inclusion-diversity for more information, including our DEl report, U.K. Gender Pay Report and EEO data. Website content/links are not a part of this presentation. * Workforce and senior leadership data is as of December 31, 2021. Board member data is as of April 22, 2022. Race & ethnicity figures represent U.S. employees only, as regulatory requirements governing data collection and privacy preclude comprehensive data collection in our international offices. Senior leadership includes Executive Committee (includes our executive officers) and leaders from certain top levels of SVB's two highest bands of management. American Indian/Alaska Native does not appear on the charts since they comprise less than 1%. Not disclosed represents individuals who did not choose to disclose gender, race & ethnicity data. 9% Women 45% Q1 2022 FINANCIAL HIGHLIGHTS 50#51Glossary The following terms are used throughout this presentation to refer to certain SVB-specific metrics: Non-GAAP measures (Please see "Use of non-GAAP Financial Measures" in our Q1 2022 Earnings Release and non-GAAP reconciliations at the end of this presentation) Core Fee Income - Fees from letters of credit, client investments, credit cards, deposit service charges, foreign exchange, lending-related fees and wealth management and trust, in aggregate. Core Fee Income plus SVB Securities Revenue - Core fee income, from above, plus investment banking revenue and commissions. SVB Securities Revenue - SVB Securities revenue defined as investment banking revenue and commissions and excludes other income earned by SVB Securities. Tangible Common Equity ("TCE") / Tangible Book Value ("TBV") - Stockholders' equity less preferred stock and intangible assets, plus net deferred taxes on intangible assets. Gains (losses) on Investment Securities, Net of Noncontrolling Interests - Net gains on investment securities include gains and losses from our non-marketable and other equity securities, which include public equity securities held as a result of exercised equity warrant assets, gains and losses from sales of our Available-For-Sale debt securities portfolio, when applicable, and carried interest. This measure excludes amounts attributable to noncontrolling interests for which we effectively do not receive the economic benefit or cost. Non-GAAP Non-marketable and Other Equity Securities, Net of investments in Qualified Affordable Housing Projects and Noncontrolling Interests in Non- marketable Securities - This measure represents non-marketable and other equity securities but excludes qualified affordable housing projects and noncontrolling interests. Other measures Fixed Income Securities - Available-For-Sale ("AFS") and Held-To-Maturity ("HTM") securities held on the balance sheet. Total Client Funds ("TCF") - The sum of on-balance sheet deposits and off-balance sheet client investment funds. Beginning in Q3'21, TCF excludes SVB Private assets under management. SVB Private Assets Under Management ("AUM") - Consists of SVB Private's client investment accounts balances. Total Client Position ("TCP") - Represents sum of SVB Private AUM, and loans and deposits as reported in our segment reporting for SVB Private. svb> Q1 2022 FINANCIAL HIGHLIGHTS 51#52Glossary (continued) Classes of Financing Receivables: These are the levels at which we monitor and assess credit risk in our loan portfolio. Global Fund Banking: Primarily capital call lines of credit to PE/VC funds. Repayment dependent on the payment of capital calls by the limited partner investors in the funds. Investor Dependent ("ID"): Loans primarily to technology and life science/healthcare companies. Repayment may be dependent upon borrower's ability to raise additional equity financing or exit. • Early Stage: Loans to pre-revenue, development-stage companies and companies with revenues of up to $5M. • Growth Stage: Loans to mid-stage companies (with revenues between $5-$15M, or pre-revenue clinical-stage biotechnology companies) and later-stage companies (with revenues > $15M). Cash Flow Dependent and Innovation Commercial & Industrial ("C&I"): Loans primarily to technology and life science/healthcare companies that are not Investor Dependent (repayment not dependent on borrower's ability to raise additional equity financing or exit). ● Cash Flow Dependent - Sponsor-Led Buyout ("CFD - SLBO"): Loans to facilitate PE Sponsors' acquisition of businesses (typically established, later-stage businesses of scale). Repayment generally dependent upon cash flows of the combined company. Reasonable levels of leverage and meaningful financial covenants; sponsor's equity contribution is often 50+% of the acquisition price. • Innovation C&I: Other cash flow dependent loans (require borrowers to maintain cash flow from operations that is sufficient to service all debt) and balance sheet dependent loans (include asset-based loans and require constant current asset coverage exceeding the outstanding debt) to technology and life science/healthcare companies. Repayment dependent on financial condition and payment ability of third parties with whom our clients conduct business. Private Bank: Loans primarily to executive leaders and senior investment professionals in the innovation economy as well as high net worth individuals acquired from Boston Private. Primarily mortgages. CRE: Generally acquisition financing for commercial properties. Other C&I: Working capital, revolving lines of credit and term loans primarily to non-technology and life science/healthcare companies and commercial tax-exempt loans to not-for-profit organizations. Premium Wine and Other: Premium Wine: Loans primarily to wine producers, vineyards and wine industry or hospitality businesses across the Western United States; mostly secured by real estate. Other: Consists of construction and land loans and CRA community development loans. PPP: Loans issued through the SBA Paycheck Protection Program ("PPP") and are guaranteed by the U.S Small Business Administration. ● svb) Q1 2022 FINANCIAL HIGHLIGHTS 52#53Acronyms and abbreviations ACL - Allowance for credit losses AFS - Available-for-sale ALM - Asset liability management AOCI - Accumulated other comprehensive income APAC - Asia-Pacific API - Application programming interface AUM - Assets under management BKX-KBW Nasdaq Bank Index BP Boston Private bp - Basis point BD&T - Business development & travel C&I - Commercial and industrial CAGR Compound annual growth rate CFD Cash-flow dependent CRA - Community Reinvestment Act CRE Commercial Real Estate DEI - Diversity, Equity & Inclusion Dep - Dependent ECM - Equity capital market EEO - Equal employment opportunity EMEA - Europe, the Middle East and Africa EOP- End of period EPS Earnings per share ESG - Environmental, Social and Governance svb> Ex - Excluding FHLB - Federal Home Loan Bank FTE Full-time employee FX - Foreign exchange FY- Full year GFB Global Fund Banking HC - Healthcare - HNW/UHNW - High net worth, ultra high net worth HTM - Held-to-maturity ID - Investor dependent IPO - Initial public offering JV Joint venture LFI - Large financial institution LIHTC - Low income housing tax credit funds LMI - Low- and moderate-income LOC - Letter of credit LP Limited partner LS - Life science M&A - Merger & acquisition MBS - Mortgage-backed security Munis - Municipal bonds NCI -Noncontrolling interests NCO Net charge-off NII - Net interest income NIM-Net interest margin NPL - Non-performing loan OBS-Off-balance sheet OCI - Other comprehensive income PBWM - Private bank wealth management PCD Purchased credit deteriorated PE - Private equity QoQ- Quarter over quarter Repo - Repurchase agreement ROE Return on equity - SBA PPP - Small Business Administration Paycheck Protection Program SEC - Securities & Exchange Commission SLBO - Sponsor-led buyout SPAC - Special purpose acquisition company SPD - Shanghai Pudong Development Bank SVBFG - SVB Financial Group TBV - Tangible book value TCE Tangible common equity TCP Total client position Tech Technology UST - U.S. Treasury security VC Venture capital WM&T - Wealth management and trust YOY-Year over year Q1 2022 FINANCIAL HIGHLIGHTS 53#54svb> Non-GAAP reconciliations Q1 2022 FINANCIAL HIGHLIGHTS 54#55Non-GAAP reconciliation Core fee income and investment gains, net of NCI Non-GAAP core fee income (dollars in millions) GAAP noninterest income Less: gains on investment securities, net Less: net gains on equity warrant assets Less: other noninterest income Non-GAAP core fee income plus SVB Securities revenue Investment banking revenue Commissions Less: total non-GAAP SVB Securities revenue Non-GAAP core fee income Non-GAAP net gains on investment securities, net on noncontrolling interests (dollars in millions) GAAP net gains on investment securities Less: income attributable to noncontrolling interests, including carried interest allocation Non-GAAP net gains on investment securities, net of noncontrolling interests svb) 2018 2018 745 88 89 52 516 516 88 38 50 Year ended December 31, 2019 2020 1,221 135 138 55 See "Use of non-GAAP Financial Measures" in our Q1 2022 Earnings Release for more information. 893 195 56 251 642 Year ended December 31, 2019 2020 135 48 87 1,840 421 237 98 1,084 414 67 481 603 421 86 335 2021 2021 2,738 761 560 128 1,289 459 79 538 751 761 240 521 Q1'22 Q1'22 517 85 63 21 348 93 25 118 230 85 18 67 Q1 2022 FINANCIAL HIGHLIGHTS 55#56Non-GAAP reconciliation Non-marketable and other equity securities and tangible common equity Non- GAAP Non-marketable and other equity securities, net of investments in qualified affordable housing projects and noncontrolling interests (dollars in millions) GAAP non-marketable and other equity securities Less: investments in qualified affordable housing projects Less: noncontrolling interests in non-marketable securities Non- GAAP Non-marketable and other equity securities, net of investments in qualified affordable housing projects and noncontrolling interests Non-GAAP tangible common equity (dollars in millions) GAAP SVBFG stockholders' equity Less: Preferred Stock Less: intangible assets Plus: net deferred taxes on intangible assets Tangible common equity svb> 3/31/21 2018 1,858 617 226 1,015 5,116 5,116 Period-end balances at 6/30/21 1,943 See "Use of non-GAAP Financial Measures" in our Q1 2022 Earnings Release for more information. 696 298 949 Period-end balances at 2019 2020 6,470 340 187 9/30/21 5,943 2,485 920 349 1,216 8,220 340 204 7,676 12/31/21 2021 2,543 954 367 1,222 16,236 3,646 535 26 12,081 3/31/22 2,605 957 3/31/22 389 1,259 15,980 3,646 529 26 11,831 Q1 2022 FINANCIAL HIGHLIGHTS 56#57Important information regarding forward-looking statements and use of non-GAAP financial measures The Company's financial results for 2022 reflected in this presentation are unaudited. This document should be read in conjunction with the Company's SEC filings. Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. Forward-looking statements are statements that are not historical facts, such as forecasts of our future financial results and condition, expectations for our operations and business, and our underlying assumptions of such forecasts and expectations. In addition, forward-looking statements generally can be identified by the use of such words as "becoming," "may," "will," "should," "could," "would," "predict," "potential," "continue," "anticipate," "believe," "estimate," "assume," "seek," "expect," "plan," "intend," the negative of such words or comparable terminology. In this presentation, we make forward-looking statements discussing management's expectations for 2022 about, among other things, economic conditions; the continuing and potential effects of the COVID-19 pandemic; opportunities in the market; our commitments and objectives in relation to sustainable finance and managing risks associated with climate change; the outlook on our clients' performance; our financial, credit, and business performance, including potential investment gains, loan growth, loan mix and loan yields, deposit growth, and expense levels; our expected effective tax rate; the interest rate environment; accounting impacts and financial results (and the components of such results). Although we believe that the expectations reflected in our forward-looking statements are reasonable, we have based these expectations on our current beliefs as well as our assumptions, and such expectations may not prove to be correct. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside our control. Our actual results of operations and financial performance could differ significantly from those expressed in or implied by our management's forward-looking statements. Important factors that could cause our actual results and financial condition to differ from the expectations stated in the forward-looking statements include, among others: market and economic conditions (including inflation trends, interest rate volatility, the general condition of the capital and equity markets, and private equity and venture capital investment, IPO, secondary offering, SPAC fundraising, M&A and other financing activity levels) and the associated impact on us (including effects on client demand for our commercial and investment banking and other financial services, as well as on the valuations of our investments); disruptions to the financial markets as a result of current or anticipated military conflicts, including the ongoing military conflict between Russia and Ukraine, terrorism and other geopolitical events; the COVID-19 pandemic, including COVID-19 variants and their effects on the economic and business environments in which we operate, and its effects on our operations, including, as a result of, prolonged work-from-home arrangements; the impact of changes from the Biden-Harris administration and the U.S. Congress on the economic environment, capital markets and regulatory landscape, including monetary, tax and other trade policies, as well as changes in personnel at the bank regulatory agencies; changes in the volume and credit quality of our loans as well as volatility of our levels of nonperforming assets and charge-offs; the impact of changes in interest rates or market levels or factors affecting or affected by them, especially on our loan and investment portfolios; the adequacy of our allowance for credit losses and the need to make provisions for credit losses for any period; the sufficiency of our capital and liquidity positions; changes in the levels of our loans, deposits and client investment fund balances; changes in the performance or equity valuations of funds or companies in which we have invested or hold derivative instruments or equity warrant assets; variations from our expectations as to factors impacting our cost structure; changes in our assessment of the creditworthiness or liquidity of our clients or unanticipated effects of credit concentration risks which create or exacerbate deterioration of such creditworthiness or liquidity; variations from our expectations as to factors impacting the timing and level of employee share-based transactions; the occurrence of fraudulent activity, including breaches of our information security or cyber security-related incidents; business disruptions and interruptions due to natural disasters and other external events; the impact on our reputation and business from our interactions with business partners, counterparties, service providers and other third parties; the expansion of our business internationally, and the impact of international market and economic events on us; the effectiveness of our risk management framework and quantitative models; unexpected delays or expenses associated with executing against our climate-related commitments and goals; the quality and availably of carbon emissions data; our ability to maintain or increase our market share, including through successfully implementing our business strategy and undertaking new business initiatives, including through the continuing integration of Boston Private, the expansion of SVB Private and the growth and expansion of SVB Securities; greater than expected costs or other difficulties related to the continuing integration of our business and that of Boston Private; variations from our expectations as to the amount and timing of business opportunities, growth prospects and cost savings associated with the acquisition of Boston Private; the inability to retain existing Boston Private clients and employees following the Boston Private acquisition; unfavorable resolution of legal proceedings or claims, as well as legal or regulatory proceedings or governmental actions; variations from our expectations as to factors impacting our estimate of our full-year effective tax rate; changes in applicable accounting standards and tax laws; and regulatory or legal changes and their impact on us. We refer you to the documents the Company files from time to time with the Securities and Exchange Commission, including (i) our latest Annual Report on Form 10-K, (ii) our most recent Quarterly Report on Form 10-Q, and (iii) our most recent earnings release filed on Form 8-K. These documents contain and identify important risk factors that could cause the Company's actual results to differ materially from those contained in our projections or other forward-looking statements. All forward-looking statements included in this presentation are made only as of the date of this presentation. We assume no obligation and do not intend to revise or update any forward-looking statements contained in this presentation, except as required by law. This presentation shall not constitute an offer or solicitation in connection with any securities. Use of Non-GAAP Financial Measures To supplement our financial disclosures that are presented in accordance with GAAP, we use certain non-GAAP measures of financial performance (including, but not limited to, non-GAAP core fee income, non-GAAP SVB Securities revenue, non-GAAP core fee income plus non-GAAP SVB Securities revenue, non-GAAP net gains on investment securities, non-GAAP non-marketable and other equity securities net of investments in qualified affordable housing projects and noncontrolling interests in non-marketable securities, and non- GAAP financial ratios) of financial performance. These supplemental performance measures may vary from, and may not be comparable to, similarly titled measures by other companies in our industry. Non-GAAP financial measures are not in accordance with, or an alternative for, GAAP. Generally, a non-GAAP financial measure is a numerical measure of a company's performance that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP. A non-GAAP financial measure may also be a financial metric that is not required by GAAP or other applicable requirement. We believe that these non-GAAP financial measures, when taken together with the corresponding GAAP financial measures (as applicable), provide meaningful supplemental information regarding our performance by: (i) excluding amounts attributable to noncontrolling interests for which we effectively do not receive the economic benefit or cost of, where indicated, or (ii) providing additional information used by management that is not otherwise required by GAAP or other applicable requirements. Our management uses, and believes that investors benefit from referring to, these non-GAAP financial measures in assessing our operating results and when planning, forecasting and analyzing future periods. These non-GAAP financial measures also facilitate a comparison of our performance to prior periods. We believe these measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in our industry. However, these non-GAAP financial measures should be considered in addition to, not as a substitute for or superior to, net income or other financial measures prepared in accordance with GAAP. Under the "Use of Non-GAAP Financial Measures" section in our latest earnings release filed as an exhibit to our Form 8-K on April 21, 2022, we have provided reconciliations of, where applicable, the most comparable GAAP financial measures to the non-GAAP financial measures used in this presentation, or a reconciliation of the non-GAAP calculation of the financial measure. Please refer to that section of the earnings release for more information. svb> Q1 2022 FINANCIAL HIGHLIGHTS 57#58svb> About SVB SVB is the financial partner of the innovation economy, helping individuals, investors and the world's most innovative companies achieve their ambitious goals. SVB's businesses - Silicon Valley Bank, SVB Capital, SVB Private and SVB Securities - together offer the services that dynamic and fast-growing clients require as they grow, including commercial banking, venture investing, wealth planning and investment banking. Headquartered in Santa Clara, California, SVB operates in centers of innovation around the world. Learn more at svb.com/global. SVB Financial Group (Nasdaq: SIVB) is the holding company for all business units and groups. © 2022 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, SVB SECURITIES, SVB PRIVATE, SVB CAPITAL and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group. in Q1 2022 FINANCIAL HIGHLIGHTS 58#59svb> Investor Relations 3005 Tasman Drive Santa Clara, CA 95054 T 408 654 7400 [email protected] Q1 2022 FINANCIAL HIGHLIGHTS 59