Silicon Valley Bank Results Presentation Deck

Lower compensation, merger-related charges and other expenses drove expense decline Raising FY'22 noninterest expense growth outlook to high 20s % (excluding merger-related charges) on improved revenue outlook Q1'22 activity Decrease in compensation and benefits expense driven primarily by lower SVB Securities incentives as deal activity declined, partially offset by increased salaries and wages from continued firmwide hiring and higher seasonal expenses ● Increase in average FTES driven by hiring in our 1) Global Commercial Bank to drive revenue growth, 2) teams to enhance the digital client experience and infrastructure to support employee enablement and 3) regulatory teams to execute our LFI initiatives Merger-related charges declined as we continue to progress with the Boston Private integration Other expense decreased QoQ primarily due to higher charitable donations in Q4'21 related to seasonal year-end giving campaigns Noninterest expenses ● ● ● $M 45.3% 636 55 33 81 445 Q1'21 4,601 18 4 svb> 43.9% 653 55 37 97 425 Q2'21 4,808 973 57.7% 879 59 83 25 54 104 548 Q3'21 6,024 6 60.1% 902 80 23 54 110 597 Q4'21 6,431 27 11 54.6% 873 72 23 58 106 584 Q1'22 6,975 16 64 14 GAAP efficiency ratio Other Merger-related charges Occupancy BD&T Premises and equipment Professional services Compensation and benefits Average FTES FY'22 key drivers Improved revenue outlook provides opportunity to further accelerate investments across our strategic priorities to drive long-term scalable growth Expected FY'22 noninterest expense growth Excludes merger-related charges* Raising FY'22 noninterest expense growth outlook to high 20s% (excluding merger-related charges) - currently do not expect to further increase our FY'22 expense growth outlook with future rate hikes FY'21 expenses High single digits % In line with historical core expense growth Core expense growth * Estimate - $40M pre-tax merger-related charges in 2022 ($16M in Q1'22, -$15M in Q2'22 and the remainder in 2H'22). Mid single digits % FY impact of BP expenses PBWM strategy SVB Private Continued hiring & FY impact of 2021 hires SVB Securities High single digits % OneSVB Data Cyber Agile nCino Mobile & collab Digital Strategic investments Talent Client acquisition New products Employee Client enablement experience & risk & revenue management growth initiatives Mid single digits % Further accelerated investments across our strategic priorities (see page 18) Reinvestment of portion of improved revenue outlook FY'22 expenses Q1 2022 FINANCIAL HIGHLIGHTS 32

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