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Investor Presentaiton

Opening up a world of opportunity Our Strategy Asia Wealth Digital Business Services Financials Future growth in Asia will be driven by c.$6bn of additional growth investment in Wealth and International Wholesale over the next 5 years Leading bank for Asian Wealth Management ◆ Grow international Wealth franchise, build on strength in HK, increasing the number of advisers, and exporting digital product innovations to key markets ◆ Grow in Asia beyond HK, including mainland China where we are launching new wealth platforms, and Singapore to capture Asian and Western offshore wealth ◆ Capture greater share of global offshore business from key diasporas (e.g. global Chinese and Indian communities) ◆ Grow fee income through cross-sell of Insurance, Asset Management, FX and structured products to our 13.5m clients ◆ Expect to grow WPB revenue and lending balances by high- single digit CAGR WPB revenue $bn 12.0 High single- digit CAGR Leverage the network Connectivity to the HSBC global network c.55% of CMB and Global Banking client revenue booked in Asia is driven by cross-border46 Of which: Intra Asia: c.20% Europe and N. America: c.30% Collaboration across lines of business to fully serve client spectrum, e.g.: Wholesale referrals into Private Bank Serving Wealth clients with FX and structured products Extending capital financing solutions into middle market client base Leading International Bank in Asia for Wholesale ◆ Enhance wholesale coverage in CMB and GBM to deepen relationships and grow client base, serving more multi-national corporates and international SMEs Invest significantly to enhance Digital Transaction Banking capabilities in Trade, Cash Management, Custody, and FX ◆ Strengthen market access and execution capabilities, including Capital Financing, Structured Finance, and Equity offerings Expect to grow wholesale (CMB + GBM) revenue and lending balances by mid-single digit CAGR Wholesale revenue $bn Mid single- digit CAGR 13.5 2020 Long term 22 2020 Long term 22 Ambition: Drive double digit PBT growth in Asia47 30
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