Building the Replacement Infrastructure for the World's Money

We exit FY23 with a 2.8% gross yield; we returned 0.6% to customers. ₤m FY23 Q4 FY23 Interest income £140m £72m Customer benefits paid & £(22)m ₤(16)m interest expense Interest income net of £118m £56m customer benefits² Yield % Notes: 1Gross yield is interest income as a percentage of average customer balances in the period. 2 Interest income net of benefits on customer benefits is interest income less interest expense and benefits relating to customer balances Gross interest yield¹ Customer benefits paid & interest expense Interest income net of customer benefits² 1.6% 1 2.8% i (0.2%) (0.6%) | 1.3% 1 2.2% i 40

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