IBL Financial Overview

We continue to have a sound balance sheet • Key operating fundamentals • Senior management "hands-on" culture Cash and near cash £'mn • • • A high level of readily available, high quality liquid assets: representing c. 25% - 35% of our liability base. Cash and near cash balances amounted to £13.2 billion at 31 March 2021, representing 38.4% of customer deposits. No reliance on wholesale funding Solid leverage ratios: always held capital in excess of regulatory requirements and the group intends to perpetuate this philosophy. Target common equity tier 1 ratio of above 10% and total capital ratios between 14% and 17% Low gearing ratio: 9.7x with strong leverage ratios remain ahead of the group's target of 6% 16,000 14,000 £13.2bn 12,000 Average 10,000 8,000 6,000 4,000 2,000 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Low gearing ratios times 12.0 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Geographical and operational diversity with a high level of annuity income which continues to support sustainability of operating profit 10.0 8.0 6.0 4.0 2.0 9.7 11111 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 5.0 Gearing ratio (assets excluding assurance assets to total equity) Core loans to equity ratio Page 9

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