Investor Presentaiton

Results Net interest income Reported NIM progression, bps 120 (3) 122 1 5 3Q20 Asset yields Asset volumes Liability costs Liability volumes 4Q20 Reported NIM trend Discrete quarterly 2bps 156bps 154bps reported NIM 133bps 120bps 122bps Reported NII, $m of which: 7,654 7,612 significant items 6,897 6,450 6,619 Average interest earning assets, $bn (39) 26 (48) 4Q19 1Q20 2Q20 3Q20 ·1. 4020 1,946 1,992 2,078 2,141 2,159 FY20 highlights FY20 & 4Q20 results FY20 reported NII of $27.6bn was down $2.9bn (9%) vs. FY19 due to global reductions in interest rates, partly offset by increases in AIEAs FY20 NIM of 1.32% was down 26bps vs. FY19 with decreases in market rates on AIEAs more than offsetting lower funding costs 4Q20 reported NII of $6.6bn was $0.2bn (3%) higher vs. 3Q20 as liability costs decreased more than asset yields 4020 reported NII was $1.0bn (14%) lower vs. 4019 primarily from reductions in global interest rates; 4Q20 adjusted NII was $1.1bn lower vs. 4019 10

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