Q1 2022 Results Presentation

Appendix: Normalised Financials Bank ABC US$ millions 2018 2019 2020 2021 Q1 2021 Interest Income 559 564 516 592 122 Q1 2022 177 Non-Interest Income* 309 311 233 277 75 67 Total Operating Income (TOI)* 868 875 749 869 197 244 Profit Total Operating Expenses -474 -524 -486 -569 -125 -159 Operating Profit 394 351 263 300 72 85 or Loss Provisions -79 -82 -329 -106 -20 -25 Profit before Taxes & M.I. 315 269 -66 194 52 60 Taxes* -67 -33 -9 -66 -16 -17 M.I. -46 -42 -14 -28 -6 -12 Net Profit 202 194 -89 100 30 31 US$ millions 2018 2019 2020 2021 Mar 2021 Mar 2022 Liquid Funds✶✶ 6,266 5,323 5,378 6,355 5,105 5,564 Marketable Securities 6,638 6,343 6,867 9,252 7,478 9,125 Loans & Advances 14,884 16,452 15,656 16,768 15,198 17,023 Other 1,761 1,950 2,506 2,522 2,427 3,038 Total Assets 29,549 30,068 30,407 34,897 30,208 34,750 Customer Deposits 16,464 17,065 17,667 21,459 17,819 21,151 Balance Bank Deposits 4,207 3,897 3,596 4,388 3,828 3,756 Sheet Borrowing 2,012 2,080 1,795 1,211 1,602 1,226 Other 2,550 2,537 3,205 3,604 2,857 3,965 Total Liabilities 25,233 25,579 26,263 30,662 26,106 30,098 Shareholders' Equity 3,862 4,031 3,767 3,872 3,753 3,831 Non-Controlling Interest 454 458 377 363 349 431 Additional / Perpetual Tier-1 Capital 390 Total Equity 4,316 4,489 4,144 4,235 4,102 4,652 Total Liabilities & Equity 29,549 30,068 30,407 34,897 30,208 34,750 Normalized Cost to Income, % 55% 60% 65% 65% 63% 65% Key Metrics Tier 1 Ratio, % 17.2% 16.9% 16.6% 15.9% 16.9% 16.6% CET 1, % 17.0% 16.6% 16.2% 15.5% 16.6% 14.7% ROAE,% 5.2% 4.9% 2.6% 3.2% 3.2% * TOI and taxes includes normalization of BRL currency overhedge. Headline TOI 2018 $817m, 2019 $865m, 2020 $646m, 2021 $854m, Q1 2021 $182m and Q1 2022 $247m. ** Liquid funds includes placements with banks & other financial institutions and securities bought under repurchase agreements. 11

View entire presentation