Investor Deep Dive Corporate Bank

Our path to improved profitability Post-tax return on tangible equity(1), in % Cost/ Income ratio 77% 7% 3-4% ~60% 0% 12-13% (1)-(2)% 3% 9M 2019 ex items(2) Revenue drivers Cost drivers Provision for credit losses Other (3) 2022 Target Outlook (1) (2) (3) 9M 2019 post-tax RoTE adjusted for (65)bps impact from refinements of P&L allocations between Corporate Bank and Private Bank to be reflected in Financials with Q4 2019 reporting Items include specific revenue items, impairments of goodwill and other intangible assets, software and real estate impairments, transformation related restructuring and severance and deferred tax asset valuation adjustments. 9M 2019 reported post-tax return on tangible equity: 2.7%. For further details see slide 18 in the Chief Financial Officer presentation Includes impacts from nonoperating costs, tax, additional equity components and tangible equity Stefan Hoops Investor Deep Dive, 10 December 2019 7

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