First Citizens BancShares Results Presentation Deck slide image

First Citizens BancShares Results Presentation Deck

■ ■ ■ Continued Progress on SVB Integration Initiatives Ⓒ Maintain & grow market position as an important partner in the innovation economy Stabilization COMPLETE Conducted robust client outreach program to stabilize deposits. Established leadership team at SVB and set initial strategic priorities. Stabilized key talent and began workforce optimization. First Citizens BancShares I I Integration Priorities Build trust with our client base & defend against competition Key Activities Strategic Assessment MATERIALLY COMPLETE Completed initial round of business unit strategic assessments. Established key integration initiatives. Completed initial strategic planning cycle as a combined company. ■ M Retain key talent and optimize the workforce to drive revenue growth ■ Integration Developed detailed integration plans using results from the strategic assessments. IN PROGRESS Continued focus on supporting the innovation economy. Kicked off legacy SVB Private conversion. Continued progress on cost saving initiatives. O O O Maintain sound risk management practices Large Bank Program (Regulatory Readiness) Refreshed capital plan and integrated liquidity monitoring to include SVB. Filed initial regulatory reporting as a combined organization. Identified areas of focus given increased size and complexity. Activities to support these focus ares remain on track. 6
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