Silicon Valley Bank Results Presentation Deck

Opportunistic investments and higher incentives from outstanding performance caused Q4'21 expenses to exceed guidance; Expect FY'22 noninterest expense % growth excluding merger-related charges in the low 20s Q4'21 activity QoQ increase in noninterest expenses driven primarily by higher salaries and wages from increased headcount across the organization and higher incentive compensation related to SVB Leerink hiring and outstanding firmwide performance Q4 noninterest expenses excluding merger-related charges exceeded guidance due to 1) continued success in recruiting top talent, particularly for SVB Leerink, and 2) higher incentive compensation from stronger-than- forecast firmwide performance NONINTEREST EXPENSES $ Millions GAAP efficiency ratio* Other Merger-related charges Occupancy BD&T Premises and Equipment Professional Services Compensation and benefits Average FTES svb > 54.8% * 665 81 45 42 77 416 4 4,419 45.3% 43.9% * 636 55 LOOM 81 445 Q4'20 Q1'21 4 653 55 37 3 97 425 Q2'21 4,601 4,808 57.7%* 879 59 83 25 54 19 104 548 6 60.1% 902 80 23 54 110 597 * 11 Q3'21 Q4'21 6,024 6,431 ● FY'22 key drivers Outstanding performance, strong growth outlook and compelling markets allow us to accelerate investments in our strategic priorities BREAKDOWN OF FY'22 NONINTEREST EXPENSE GROWTH Expect FY'22 noninterest expense growth in the low 20s% excluding merger-related charges FY'21 expenses ● High single digits % Continued FY impact hiring & of BP expenses PBWM In line with historical core expense strategy growth Core expense growth Mid single digits % See Private Banking & Wealth Management High single digits % SVB Leerink OneSVB Data FY impact of Cyber 2021 hires * Included in the GAAP efficiency ratio for Q4'20: $29M real estate expenses and $20M SBA PPP donation; for Q2'21: $19M merger-related charges; for Q3'21: $83M mergerrelated charges; and for Q4'21: $27M mergerrelated charges. Agile nCino Mobile & collab accelerated investments Digital Strategic investments Talent Client acquisition New products Client Employee enablement experience & risk management & revenue growth initiatives on page 14 Note: • Outlook excludes merger-related charges associated with the BP acquisition. Estimate $40M in FY'22 (~$30M in 1H'22 and ~$10M in 2H'22) FY'22 expenses Expect FY'22 expense growth to increase if rates rise, as a portion of the in year revenue upside in 2022 is likely to be reinvested(see page 21) Q4 2021 Financial Highlights 37

View entire presentation