AB Group Financial Overview

• AB Group consolidated income statement USD'000 Income Statement Dec. 2014 Dec. 2015 Net interest income 1,074,948 1,091,138 Net commission 321,593 319,603 Group's share of profits of associates 348,201 356,981 Other revenue 132,567 140,638 Net operating revenue 1,877,309 1,908,360 Operating expenses 799,829 807,141 Net operating income 1,077,480 1,101,219 Provision for impairment - direct credit facilities 36,161 32,891 Non-recurring expenses (Legal) 200,000 349,000 Net income before tax Income tax 841,319 719,328 264,166 277,205 Net income after tax 577,153 442,123 NIAT was impacted by high legal provision for the NY case; excluding legal costs, NIAT in 2015 amounted to $791m vs. $777m in 2014. • NOI for 2015 increased by 2% to $1.1 billion vs. last year. 10

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