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Investor Presentaiton

Opening up a world of opportunity Our Strategy Asia Wealth Digital Business Services Financials Economic growth and wealth creation make Asia the largest banking opportunity in the world Asia forecasted to represent c.50% of global economy by 202530 GDP based on PPP share of world total (%) Asia ROW Trade flows in Asia growing faster than world average 32 Trade growth, % CAGR RoW Asia 100 38 100 44 100 % CAGR, 2019-25e 8.6% 48 6.0% 6.9% 62 56 52 3.1% 3.3% нн HH 1.1% 1.2% 2010 2019 2025e 0.1% 2010-15 2015-20 2020-25e Asia contributed 71% of global growth in 201930 More investments are flowing into Asia33 2019 2025E Total client assets and AUM, $tn ~6% ~12% ~8% Wealth assets to double by 202531 2019 Personal Financial Assets, $tn CAGR, % ~12% 24.3 12.0 50 50 Mainland China 2.0 2.4 Hong Kong 1.0 2.4 2.0 2.4 11 India Southeast Asia 2015 67 17 2020e Total client assets AUM 92 30 30 2025e 27
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