Barclays Q1 2021 Fixed Income Investor Presentation

STRATEGY, TARGETS & GUIDANCE CAPITAL PERFORMANCE ASSET QUALITY & LEVERAGE MREL, FUNDING & LIQUIDITY DIVISIONS CREDIT RATINGS ESG APPENDIX & LEGAL ENTITIES Total income Q120 1,704 292 1,412 Q220 Q320 Q420 Q121 1,467 1,550 1,626 1,576 (£m) 242 1,225 270 1,280 309 1,317 295 1,281 NII Non-interest income Net interest margin (NIM) 2.91% 2.48% 2.51% 2.56% 2.54% Q121 Barclays UK ROTE of 12.0% with resilient NIM of 2.54% in a challenging operating environment Financial performance Income £1.6bn Q120: £1.7bn Costs £1.0bn Q120: £1.0bn Cost: income ratio 66% Q120: 60% Impairment £77m Q120: £481m Loan loss rate 14bps Q120: 96bps PBT £460m Q120: £195m ROTE 12.0% Q120: 6.9% Average equity¹ £9.9bn Q120: £10.1bn RWAS £72.7bn Dec-20: £73.7bn Income decreased 8% YoY reflecting the challenging operating environment Impact of lower unsecured lending balances and UK rates, partly offset by income from BBLS2 and CBILS³, and mortgage growth NIM declined 2bps QoQ to 254bps Expect FY21 NIM to be between 240-250bps reflecting subdued demand for unsecured lending and the low rate environment, despite the steepening of the yield curve and continued strong mortgage margins Costs were broadly flat YoY, as higher servicing and financial assistance costs were offset by efficiency savings Impairment charges decreased to £77m from reduced unsecured portfolio exposures, in part driven by lockdown measures Loans remained stable QoQ predominantly from £3.6bn of mortgage growth, offset by a £2.1bn decrease in the Education, Social Housing and Local Authority (ESHLA) portfolio and £1.6bn lower unsecured lending balances Customer deposits 5 increased 3% QoQ reflecting an increase of £6.3bn in Personal Banking, further strengthening the liquidity position and contributing to a loan: deposit ratio of 88% Impairment (£m) and 96 111 43 31 14 loan loss rate (bps) 481 583 233 170 77 Impairment Loan loss rate 202 204 205 206 Loans4 (£bn) 196 248 241 Customer deposits5 (£bn) 232 226 208 1 Average allocated tangible equity | 2 Bounce Back Loan Scheme | 3 Coronavirus Business Interruption Loan Scheme | Loans and advances at amortised cost | 5 Customer deposits at amortised cost | 20 Barclays Q1 2021 Fixed Income Investor Presentation

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