Investor Presentaiton

ROE Journey and Trajectory 8.5% 0-40 bps 70-130 bps 10.6% 10.2- 11.0% 11.5- 12.5% 2019 ROE Portfolio Opex ECL Others Reshaping Optimisation Reduction Capital Accumulation 1H23 ROE Drivers 2023 Target ROE Drivers 2024 Target ROE Key Highlights > ROE progressed to 10.6% in 1H23 from 8.5% in 2019 as we delivered on key Forward 23+ initiative > Our business recalibration efforts via reshaping of our portfolio delivered positively across segments and geographies > Achieved structured cost take out of RM 1bil over 3 years > ECL uplift from proactive asset quality management > Partial offset from higher CET1 of 14.2% at end Jun-23 vs 12.9% in 2019 Future Drivers Σ BAU profitability from asset growth, NOII expansion and preferred segments growth > Higher contribution from CIMB Niaga Further credit cost optimisation > CIMB Digital Assets turnaround. > Capital optimisation 22

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