FY2023 M25+ Progress: Enhancing Digital Banking

1Q FY2023: Net Profit Rises 10.7% YoY to RM2.27 billion Stable income supported by treasury and market gains despite NIM compression arising from sustained deposit competition; net profit rises by 10.7% on normalised tax rate 1QFY2023 vs 1QFY2022* Net Operating Income 1.1% RM6.32 billion Net Interest Margin 12-mth Rolling 2.35% 2.32% Cost Growth ▲ 11.8% Cost-to- income Ratio Net Credit Charge ▼25 bps Mar'22: 32 bps RM3.05 billion 48.3% 1QFY2022*: 43.7% Net profit 10.7% Return on Equity 10.7% RM2.27 billion Mar'22: 9.4% • • • • 1QFY2023 vs 1QFY2022 (restated) (YoY) Higher net operating income (NOI) by 1.1% led by non-interest income (NOII) increase of 12.4% YoY due to realised & unrealised derivative gains, FX gains and investment and trading income gains. Offsetting NOI growth was lower net fund based income of 2.0%, as NIM declined 15 bps YoY on sharp increase in funding costs led by Malaysia following +100bps OPR hike in 2022 Cost growth of 11.8% led by higher personnel costs, ROU assets depreciation & IT costs, marketing expenses and credit card related fees due to higher billings Net impairment losses reduced 50.9% to RM292.9 million following a net writeback in financial investments of RM75.8 million (1Q'22: net allowance of RM127.6 million) and lower net loan provisioning of 18.8% to RM360.1 million on lower loans impaired during the period and writeback for corporate borrowers. Net profit rise of 10.7% YoY also driven by absence of Cukai Makmur, leading to higher ROE of 10.7% from 9.4% a year ago • . • . 1QFY2023 vs 4QFY2022 (not restated) (QoQ) NOI declined by 8.3% as net fund based income reduced by 9.7% with NIM (ann.) compressing 20 bps QoQ on rise in funding cost. Meanwhile, NOII reduced by 3.7% driven by weaker insurance income but mitigated by an increase in treasury and markets income of 33.3% and core fees of 1.6%. Cost decreased by 10.4% QoQ driven mainly by a reduction in personnel and marketing expenses, which saw some seasonal expenses in 4Q'2022 Net impairment losses increased to RM292.9 million from RM191.0 million mainly due to additional loan management overlays to cater for potential asset quality deterioration for loan portfolios given rising macroeconomic headwinds and inflationary pressure in FY2023 Net profit grew 4.5% driven by absence of Cukai Makmur Note: Non-interest income was previously referred to as net fee based income *Restated 1QFY2022 comparative information as MFRS 17 has replaced MFRS 4 Insurance Contracts for annual periods on or after 1 January 2023 2

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