Investor Presentaiton

ECL charges down 71.0% to £28.8mn (Mar-21: £99.4mn) CLR reduced to 8 bps from 35 bps at Mar-21, below the through-the-cycle (TTC) range of 25-35 bps Driven primarily by: Significant reduction in ECL impairment charges & CLR Total ECL impairment charges £'mn 140 120 133 99 80 66 99 60 2888 100 40 20 0 420 29 29 . • • Good recoveries in South Africa, and Improved forward-looking macro-economic scenarios relative to prior year A level of management overlay has been maintained given the uncertain economic outlook Mar-19 Mar-20 Mar-21 Mar-22 • Limited default experience, Credit loss ratio bps 60 40 40 20 20 31 52 2 35 0 23 Mar-19 Mar-20 Mar-21 80 Mar-22

View entire presentation