Investor Presentaiton

Record FY22 earnings driven by net interest income and lower allowances YoY Movement (S$m) 4,858 Positive on net profit Negative on net profit 1,833 289 154 (609) 5,748 (145) (262) (370) FY21 Net Profit Net Interest Income (NII) → OCBC Bank Non-interest Income (Non-II) (exclude profit from insurance) Profit from Insurance Operating Associates Expenses Total Amortisation, Allowances Tax and NCI FY22 Net Profit FY22 Net Profit | YOY +18% ■NII up 31% driven by consecutive quarters of NIM expansion and asset growth Non-Il lower led by drop in WM fee income from reduced customer investment activities and investment losses from bond portfolio rebalancing ■ Expenses up largely from higher staff compensation and headcount growth Decline in allowances associated with improvement in credit environment 10

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