Investor Presentaiton

3Q 2023 Preliminary Results Managing a Dynamic Environment Positioned for long-term earnings expansion despite volatile market backdrop Net Interest Margin Near-term compression from higher rates, in-line with expectations Record auto application volume driving pricing power; ~95% retail auto pricing beta since tightening began Well positioned for NIM expansion driven by strong asset yields after short-term rates stabilize Retail Auto Credit Performance 3Q '23 NCOs at mid-point of guidance; on track for 1.8% for full-year 2023 - Projecting used value decline of 4% for the remainder of the year – closely monitoring UAW dynamics Remaining nimble, and demonstrating prudent risk management and operational effectiveness Expense Discipline - Actions taken to reduce ongoing total expense growth, estimated to save $80 million annually Driving towards controllable (1) expense growth of <1% in 2024 while continuing to invest for long-term Estimating total noninterest expense growth including non-controllable items of 2% in 2024 Proposed Changes to Regulatory Framework Proposed Basel III endgame impacts include gradual OCI phase-in and minimal RWA inflation Proposed long-term debt rule would require incremental issuance at AFI Actively engaged in coordinated industry response process (1) Defined as total operating expenses excluding FDIC fees and certain Insurance expenses (losses and commissions). ally do it right.

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