Investor Presentaiton

4Q 2023 Preliminary Results Capital Optimization Continuing to optimize capital across all areas of the business Reached Agreement to Sell Ally Lending • Sale reflects overall strategy to invest resources in growing scale businesses and strengthening relationships with consumer and dealer customers Expected to close in the first quarter of 2024 and generate approximately 15bps of CET1 Resulted in loss on sale of $101 million after-tax, driven by the write down of goodwill Deconsolidation of Retail Auto Loans Ongoing Capital Optimization • Deconsolidated $1.7 billion of seasoned retail auto loans in 4Q '23 Loans primarily made up of 2022 vintage with 7.3% yield Transactions drove 9bps CET1 benefit in 4Q '23 • • Reduced 2023 RWA by $4B through targeted curtailments across retail auto and unsecured Workforce reduction in 2H '23 driving $80 million of annual savings • Generated $100 million of capital through tax planning strategies • • No reinvestment in investment securities and minimal HFI mortgage volume since 2022 Transferred $3.6 billion of Non-Agency MBS from AFS to HTM in 4Q '23 Securities do not qualify as contingent liquidity ally do it right. 11

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