GTBank Business and Financial Performance

GTBank GTBank delivers as promised GTBank's 2014 goals As stated in 2013 Investor Presentation Goals 15%-20% growth in loans Continued commitment to RoEs north of 25% Remain on the forefront of Industry best practices Status Achieved Achieved Achieved Achieved Comments The Bank surpassed this with a 27.12% loan book growth. Loan book growth was achieved largely in the Manufacturing, Oil & Gas and Maritime sectors The Bank surpassed this with an ROAE of 27.93%. This was achieved through continued focus on cost efficiency, effective management of fx positions and increased transaction volumes. GTBank strives to attain worldwide best practices This for example, is responsible for our smooth transition to Basel II as we had commenced this practice in-house years ahead of the industry The bank came in at 44.79% on Cost-to-income ratio. The Bank continues to focus intently on cost efficiency. Remain the industry leader with cost-to-income ratio below 45% Achieve a 20% growth in retail deposits to keep low cost of funding Increase subsidiaries' contribution to PBT Achieved The Bank's Deposits grew 14.36%. This was due to increased cost of funding from hikes in CRR, and market illiquidity. With rising costs of deposits, the Bank decided to focus on efficiency. Income from Subsidiaries grew 16.18% from December 2013. PBT contribution from subsidiaries also moved up to 7.15% from 7.03% as at December 2013 21

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