Barclays Q1 2021 Fixed Income Investor Presentation

STRATEGY, TARGETS & GUIDANCE CAPITAL MREL, FUNDING PERFORMANCE ASSET QUALITY & LEVERAGE & LIQUIDITY CREDIT RATINGS ESG DIVISIONS & LEGAL ENTITIES Costs increased 10%, with a 61% cost: income ratio (Em) 3,826 • 3,467 299 3,578 Bank Levy 3,330 3,263 1,039 Barclays UK 1,120 1,130 1,024 1,028 Bl: Consumer, 572 Cards and 541 514 536 Payments 529 1,601 1,683 1,719 1,690 Bl: Corporate 1,887 and Investment Bank 255 16 Q120 109 92 Q220 Q320 Q420 80 Q121 Head Office APPENDIX Costs increased to £3.6bn, driven by higher variable compensation accruals reflective of improved returns and continued investment in businesses, partly offset by foreign exchange movements and efficiency savings. COVID-19 related expenses continued in Q121 Expect further structural cost actions, with a real estate review expected to be concluded in the coming months and higher variable compensation. COVID-19 related expenses are also expected to remain in 2021 3,263 Q120 to Q121 costs (Em) 20 335 3,578 Q120 Variable compensation accruals Other moves Q121 Expect full year 2021 costs to be above 2020, reflecting investment in the Group's franchises for future returns 19 Barclays Q1 2021 Fixed Income Investor Presentation

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