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Investor Presentaiton

Appendix Total shareholders' equity to CET1 capital Total equity to CET1 capital, as at 31 December 2020, $m Total equity to CET1 capital walk, $m Strategy Results Total equity (per balance sheet) Total equity 204,995 - - Non-controlling interests 4Q20 204,995 (8,552) 4019 192,668 (8,713) Total shareholders' equity 196,443 183,955 Non-controlling interests Total shareholder's equity Preference shares and other equity instruments Total ordinary shareholder's equity (8,552) - Preference share premium (1,405) - Additional Tier 1 (22,414) (20,871) 196,443 Total ordinary shareholders' equity 174,029 161,679 (22,414) - Foreseeable dividend (3,055) (3,391) - IFRS 9 transitional add-back 2,351 809 174,029 · Deconsolidation of insurance / SPES (11,977) (10,682) - Allowable NCI in CET1 4,079 4,865 Foreseeable dividend (3,055) · Other movements 52 IFRS 9 transitional add-back Deconsolidation of insurance / SPES 2,351 CET1 before regulatory adjustments 165,479 153,280 - Additional value adjustments (PVA) (1,175) (1,327) (11,977) - Intangible assets - Deferred tax asset deduction (9,590) (12,372) (1,741) (1,281) Allowable NCI in CET1 4,079 - Cash flow hedge adjustment (365) (41) · Excess of expected loss (1,462) (2,424) Other movements 52 CET1 before 165,479 - Own credit spread and debit valuation adjustment Defined benefit pension fund assets 2,101 2,450 (7,885) (6,351) regulatory adjustments Regulatory adjustments (29,429) - Direct and indirect holdings of CET1 instruments - Threshold deductions (40) (40) (9,272) (7,928) Regulatory adjustments (29,429) CET1 capital 136,050 CET1 capital 136,050 (29,314) 123,966 73
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