Investor Presentaiton

Net interest income and margin NIM progression, bps 169 45 (42) 172 1Q23 Asset yields Liability costs 2023 Reported NII analysis +3bps Discrete quarterly 168bps 169bps 172bps NIM 151bps Group NII, $bn 129bps 9.3 Banking NII, $bn 19 9.0 9.0 Insurance NII, $bn 8.0 Central costs of 11.6 6.9 10.2 10.3 funding trading 8.7 income, $bn*, 20 .7.1 (0.3) 0.1 0.1 0.1 (0.8) 0.1 0.1 (1.3) (1.4) (2.4)* 2022 3022 4022 1023 2023 Average interest earning 2,149 2,110 2,116 2,153 assets (AIEAs)*, $bn: 2,172 * Funding is for trading and fair value income, primarily relating to GBM. 2023 includes $0.4bn reflecting the year-to-date impact of methodology changes #2023 includes: c.$19bn insurance AIEAs and c. $130bn trading, fair value and associated net asset balances Strategy 2023 results Appendix ♦ Reported NII of $9.3bn, up $0.3bn (4%) vs. 1023 due to rising interest rates and higher interest earning assets $11.6bn Banking NII19, up $1.3bn vs. 1023 ◆ $2.4bn interest expense representing centrally allocated funding costs primarily associated with funding GBM trading income*. This was offset by $2.4bn reported in Corporate Centre trading income NIM of 1.72%, up 3bps vs. 1Q23, primarily driven by the UK Group 1 year NII sensitivity to a 100bps downward parallel shift in rates has reduced from $4bn at 4Q22 to $2.6bn. See further detail on slide 24 There is further interest rate sensitivity in non-NII relating to the central costs of funding trading income. Simplistically, a 100bps parallel downshift would reduce Corporate Centre non- NII by $1.3bn Expect FY23 NII of >$35bn and the revenue offset into non-NII from the central costs of funding GBM trading activity to be at least $7bn 13

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