Investor Presentaiton

Record 2022 full year profit, dividend raised 28% Performance highlights YOY Group Net Profit Total Income S$11.7b +10% FY22: S$5.75b +18% YoY Net Interest Income Non-Interest Income +31% -16% Banking Operations Net Profit Operating Expenses S$5.03b +5% FY22: S$5.10b +30% YoY Net Interest Margin 1.91% +37bps Credit Costs 16bps -13bps Dividend 68 cents +15 cents YoY Customer Loans S$295b +2% ■Total income at new high, driven by strong Banking Operations performance Record NII benefitting from rising interest rates and well- positioned balance sheet ■ Positive operating jaws, CIR lower at 43.0% Credit costs lower than 2019 pre-pandemic level ■Continued loan and deposit (in constant currency terms) +4.5% growth momentum EPS S$1.27 +18% YoY Customer Deposits S$350b +2% ■Resilient portfolio quality NPL Ratio 1.2% -0.3ppt ROE 11.1% +1.5ppt YoY CET1 CAR 15.2% -0.3ppt Dividend payout at 53%, target 50% payout going forward → OCBC Bank 4

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