Barclays H1 2022 Results

Q222 Barclays International: Corporate & Investment Bank ROTE of 7.1%. Excluding the impact of the Over-issuance of Securities, ROTE would be 11.4%¹ Income £4.0bn Q221: £3.0bn Costs £3.2bn Q221: £1.7bn Cost: income ratio 79% Q221:57% Impairment £0.1bn charge Q221: £(0.2)bn release CIB income up 35% Income excluding benefit from hedging arrangements relating to Over-issuance of Securities up 10% Global Markets income up 76%, (excluding benefit from hedging arrangements of £758m up 31%): higher activity, supporting clients in volatile markets FICC up 71% driven by strength in Macro (Rates, FX and EM) - Equities up 82% (excluding benefit from hedging arrangements of £758m down -16%) Q221 Q222 GBP basis Q221 Q222 USD basis5 2,710 +16% Global Markets income 1,672 (Em)4 2,182 +31% 2,332 653 -16% 1,085 813 -25% 777 1,897 +52% 1,529 +71% 1,247 895 FICC Equities4 1,215 ROTE PBT £0.8bn Q221: £1.5bn 7.1% Q221: 14.0% Investment Banking fees down 37%, primarily due to lower industry wallet in Equity Capital Markets³ Corporate lending income of £(47)m impacted by marks on certain leverage loan positions, higher cost of hedging and credit protection Transaction banking income up 48% driven by improved margins, deposit growth and higher payments volumes Costs up 87% driven by higher L&C charges 873 Investment Banking 598 687 -43% 554 -37% fees 429 349 -42% income 281 -34% 314 (Em) 226 46 -85% 37 -84% 218 236 +8% 303 292 -4% Advisory ECM DCM Average equity² £32.7bn Q221: £28.4bn Total assets £1,170bn Mar-22: £1,090bn - Operating costs (which exclude L&C) up 15% driven by investment in talent, systems and technology, and inflationary impacts 539 +24% 434 RWAS £227.6bn Mar-22: £213.5bn Impairment charge of £0.1bn due to net increase in modelled impairment and limited wholesale loan charges RWAs increased £14.1bn QoQ driven by weaker GBP, temporary hedging arrangements and increased modelled market risk Corporate income (Em) 586 +48% 396 38 (47) Corporate lending Transaction banking 1 Please see slides 49-52 for details of the adjustments made in respect of the Over-issuance of Securities | 2 Average allocated tangible equity | 3 Source: Dealogic for the period covering 1 January to 30 June 2022 | 4 Excludes Q222 income of £758m from hedging arrangements relating to the Over-issuance of Securities. Please see slides 49-52 for details of the adjustments made in respect of the Over-issuance of Securities | 5 USD basis is calculated by translating GBP revenues by month for Q222 and Q221 using the corresponding GBP/USD FX rates | Note: 2021 financial metrics have been restated to reflect the impact of Over-issuance of Securities. Please see slides 49-52 for details of the adjustments made in respect of the Over-issuance of Securities | 25 | Barclays H1 2022 Results | 28 July 2022 BARCLAYS

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