#1Pending#2GCEO PRESENTATION Dato' Sulaiman Mohd Tahir 34567 FY23 Financial snapshot Repayment assistance Loans by stages Outlook for 2023 Focus 8#3Pending#4Pending#5Loans (Reported) | Loans by stages Loans by ECL Stages (RM' bil)¹ Stage 1 Stage 2 Stage 3 Breakdown by Business Segments (%) Stage 1 Jun'21 Dec'21 PEMULIH 113.5 113.4 117.1 120.0 120.1 124.4 126.3 130.2 BB 1.6% 13.2% 1.5% 1.4% 1.4% 1.6% 1.5% 1.6% 1.5% RB 14.7% 12.9% 12.7% 11.9% 11.0% 10.2% 9.7% WB 91.7% 87.7% 86.7% Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 85.2% 83.9% 85.7% 85.9% 86.5% 87.5% 88.2% 88.8% Stage 2 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 WB RB BB 11.7% 10.4% 7.7% Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Gross Loans Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 (RM'bil) Stage 3 Stage 1 96.7 95.1 100.3 103.0 103.9 108.9 111.4 115.6 WB Stage 2 15.0 16.6 15.2 15.3 14.3 13.6 12.9 12.7 BB RB Stage 3 1.8 1.7 1.6 1.7 1.9 1.9 2.0 1.9 Total 113.5 113.4 117.1 120.0 120.1 124.4 126.3 130.2 1. Restatement of numbers due to reclassified unrated bonds/sukuk from loans to financial investments from Q1FY21 to Q4FY22 (Apr'20 to Mar'22) AmBank Group FY23 Results - Investor Presentation 1.9% 1.6% 0.6% Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 5#6Pending#7Focus 8 Strategy (FY21 - FY24) Focus 8: Key initiatives and progress The path to ROE of 10% • FY23 ROE = 10.0%; ROTE 10.3% Improved operating leverage • CTI lower at 44.3% compared to FY20 of 49.9% Sharpening our segment play • AmSPB Total AUM 22% YoY • AmSPB customer base ↑ 7% YoY • SME loans increased 30% since FY20 (17.1% YoY, Industry: 2.2%) • Collaborators & Partners ~22k SME customers acquired through Maxis Partnership (SME-in- a-Box) since inception AmBank-BonusLink co-branded card payments volume 117% YoY; cards in circulation ↑ 10% YoY KLFW'22 customer AUM ↑ 18% vs pre-KLFW • Building capital light revenues Grew CASA balance 69% since FY20 to RM48.8bil (↑ 13.2% YoY) Wealth Management Avg AUM i) AmFunds: RM47.1bil (FY20: RM43.0bil) ii) Private Banking: RM10.1bil (FY20: RM8.4bil) iii) Retail Wealth: RM2.3bil (FY20: RM1.5bil) FX revenue ↑ 24.0% YoY Trade revenue ↑ 10.3% YoY Ο AARAAR • AmBank Digital Payment: Among the first bank to launch Apple Pay in Malaysia • Mobile: i) 1.57mil AmOnline customers (112% YoY), FY20: 0.97mil ii)~39k AmAccessBiz users (↑ 43% YoY), FY20: 4.7k Platform: 55% of all FX deals through digital platform Connecting people Employee Engagement Index (EEI) scored 86% in Malaysia ESG RM1.6b of green financing disbursed • IB launched 3 ESG funds in FY23 . Young Talent: Hired 45 graduates in FY23 through AmGraduate, • Banking partner with Pantas and • Am Digital Graduate and AmApprentice programmes Development: 114 high potential staff completed their executive development programmes since FY20 • BNM's Greening Value Chain ("GVC") Programme Participated in Malaysia's first carbon credit auction First Fl to be awarded the Energy Management Gold Standard (EMGS) Certification The Digital bank Decided against separate license Exploring a separate business to focus on the underserved market through digital means AmBank Group FY23 Results - Investor Presentation 7#8GCFO PRESENTATION Jamie Ling 8-24 Financial Overview#9Pending#10Financial Overview (Reported) | FY23 Performance summary - P&L (Reported) P&L (RM' mil) Q3FY23 Q4FY23 QoQ Change FY22 FY23 YoY Change Total Income NII ΝΟΙΙ Expenses PBP Net Impairment PBT 1,231 1,160 (6%) 4,665 4,738 2% 930 824 (11%) 3,275 3,541 8% 301 336 12% 1,390 1,197 (14%) (497) (556) 12% (2,094) (2,100) 734 605 (18%) 2,571 2,637 3% (149) (51) (66%) (766) (467) (39%) 585 554 (5%) 1,805 2,170 20% PAT 453 428 (5%) 1,595 1,676 5% - Profit from Continuing Operations¹ 453 428 (5%) 1,366 1,742 28% - Profit/(Loss) from Discontinued Operation² N/A 229 (66) (>100%) PATMI 453 428 (5%) 1,503 1,735 15% - PATMI from Continuing Operations¹ 453 428 (5%) 1,366 1,742 28% - PATMI/(LATMI) from Discontinued Operation² N/A 137 (7)³ (>100%) Financial Indicators Q3FY23 Q4FY23 QoQ Change FY22 FY23 YoY Change CTI 40.4% 47.9% 7.5% 44.9% 44.3% (0.6%) NIM 2.13% 1.84% (0.29%) 2.05% 2.07% 0.02% ROE 10.3% 9.7% (0.6%) 9.3% 10.0% 0.7% Basic EPS (sen)4 13.67 12.94 (5.3%) 45.54 52.41 15.1% Net Assets per Share (RM)5 5.32 5.48 3.0% 5.06 5.48 8.3% 1. 2. Continuing operations comprised Banking operations and Insurance. Insurance mainly consists of Life Insurance (as JV) and General Insurance (as associate from Aug 22 to Mar'23) Discontinued operation in FY22 and FY23 comprised General Insurance as subsidiary from Apr'21 to Mar'22 and from April'22 to July'22 respectively 3. 4. LATMI attributable to shareholders stood at RM7.0mil, after adjusting for loss to IAG International Pty limited (minority interest) of RM59.1mil Computed based on weighted average number of shares 5. Computed based on number of ordinary shares issued at period end (excludes treasury shares) AmBank Group FY23 Results - Investor Presentation 10#11Pending#12Disposal of AmGen I P&L - Continuing & Discontinued Operations Financial Effects post Disposal (Full financial year) FY22 FY23 YoY Movement RM'mil Reported (A) + (B) Continuing Ops (A) Discontinued Op (B) Reported (A) + (B) Continuing Ops (A) Discontinued Op Reported (B) Continuing Operations Discontinued Operation NII 3,275 3,151 125 3,541 3,498 42 8% 11% (66%) NOII 1,390 950 440 1,197 1,110 87 (14%) 17% (80%) Income 4,665 4,100 565 4,738 4,608 129 2% 12% (77%) Expenses (2,094) (1,789) (305) (2,100) (1,999) (101) 12% (67%) PBP 2,571 2,311 259 2,637 2,609 28 3% 13% (89%) (Impairment)/Writeback (766) (768) 2 (467) (354) (113) (39%) (54%) (>100%) PBT/(LBT) 1,805 1,544 261 2,170 2,255 (85) 20% 46% (>100%) PAT/(LAT) 1,595 1,366 229 1,676 1,742 (66) 5% 28% (>100%) PATMI/(LATMI) 1,503 1,366 137 1,735 1,742 (7) 15% 28% (>100%) CTI 44.9% 43.6% 54.1% 44.3% 43.4% 78.2% (0.6%) (0.2%) 24.1% Financial Effects post Disposal (Quarterly) Q3FY23 Q4FY23 QoQ Movement RM'mil Reported (A) + (B) (A) Continuing Ops Discontinued Op (B) Reported (A) + (B) Continuing Ops (A) Discontinued Op (B) Reported Continuing Operations Discontinued Operation NII 930 930 824 824 (11%) (11%) N/A ΝΟΙΙ 301 301 336 336 12% 12% N/A Income 1,231 1,231 1,160 1,160 (6%) (6%) N/A Expenses (497) (497) (556) (556) 12% 12% N/A PBP 734 734 605 605 (18%) (18%) N/A (Impairment) / Writeback (149) (149) (51) (51) (66%) (66%) N/A PBT/(LBT) 585 585 554 554 (5%) (5%) N/A PAT/(LAT) 453 453 428 428 (5%) (5%) N/A PATMI/(LATMI) 453 453 428 428 (5%) (5%) N/A CTI 40.4% 40.4% 47.9% 47.9% 7.5% 7.5% N/A AmBank Group FY23 Results - Investor Presentation 12#13Pending#14PBP & PAT (Continuing) | Maintained operating leverage, PBP up 13% Business Segments Q3FY23 Q4FY23 QoQ Change FY22 FY23 YoY Change (RM' mil) Wholesale Banking 328 308 (6%) 1,032 1,232 19% Investment Banking 38 31 (18%) 171 128 (25%) Retail Banking 274 208 (24%) 833 964 16% Business Banking 129 116 (10%) 405 472 16% Group Funding & Others (54) (91) 69% (123) (238) (93%) PBP - Banking 716 573 (20%) 2,319 2,557 10% Insurance 18 32 74% (8) 52 >100% PBP 734 605 (18%) 2,311 2,609 13% RM' mil 643 608 575 552 508 377 339 293 734 695 466 453 395 358 I I I 605 2,609 2,311 1,742 1,366 428 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 FY22 FY23 PBP PAT AmBank Group FY23 Results - Investor Presentation 14#15Group P&L (Continuing) | P&L walk YoY Growth 1,366 14% 17% (56%) 12% ▲ 12% ▲ 13% (54%) 46% >100% ▲ 28% 160 425 77 210 414 336 1,742 RM' mil Net Interest Income FY23 3,437 Non-Interest Income 1,110 Net Mod Impact Total Income Expenses PBP Impairment PBT Tax & Zakat PAT 62 4,608 (1,999) 2,609 (354) 2,255 (513) 1,742 FY22 3,012 950 139 4,100 (1,789) 2,311 (768) 1,544 (177) 1,366 Positive growth in FY23 Contraction in FY23 PAT by Lines of Business (YoY) (>100%) >100% Insurance² 3% (2%) Effective Noll % CTI Group Funding & Others (10%) Tax Rate ▼(5%) FY23 24.1% 43.4% 22.7% Business Banking 15% Retail Banking 29% FY22 23.2% 43.6% 11.5%¹ (29%) Investment Banking 6% PAT RM1,742 mil ▲ 28% AmBank Group FY23 Results - Investor Presentation 1. Inclusive of tax credit relating to Settlement of RM235mil and RM26mil tax claims from prior years, offset by Cukai Makmur (Prosperity Tax) charge of RM96mil 2. Insurance comprised Liberty Insurance Berhad (LIB), AmMet Life and AmMet Life Takaful. The results of LIB (associate) has been equity accounted from 1 August 2022 Wholesale Banking 57% >100% 15#16Pending#17Noll (Continuing) 17% growth in NOII: Strong Treasury & Markets, Business Banking & Corporate Banking fees and Insurance offsetting lower Investment Banking and Wealth Management Income YoY Growth ▲ 20% ▲ 10% ▲ 95% ▼(2%) (25%) (14%) (25%) ▲ 5% ▲ 15% ▲ 27% >100% >100% ▲ 17% Composition 5% 8% 19% 14% 4% 7% 8% 4% 10% 13% 5% 3% 100% 950 10 8 18 101 34 32 14 3 2 14 13 29 1,110 RM' mil Corporate Banking Transaction Banking Group Treasury & Markets Insurance Fund Equity Management Markets Other IB Businesses Wealth Management Cards Other Retail Business Banking (General & Others Noll Life) FY23 61 90 208 146 42 84 85 50 108 148 57 31 1,110 FY22 50 82 107 150 56 97 114 48 94 116 23 13 950 Wholesale: ▲ 50% Investment: (10%) Positive growth in FY23 Contraction in FY23 FY22 Noll FY23 Noll AmBank Group FY23 Results - Investor Presentation Retail: (5%) 17#18Expenses (Continuing) | Neutral JAWS, CTI 43.4% Business Segments Q3FY23 Q4FY23 QoQ Change FY22 FY23 YoY Change (RM' mil) Wholesale Banking 67 80 18% 254 269 6% Investment Banking 50 52 4% 176 194 10% Retail Banking 224 246 10% 840 914 9% Business Banking 51 59 16% 153 209 37% Group Funding & Others 105 119 14% 352 407 16% Expenses Banking 497 556 12% 1,775 1,994 12% Insurance N/A 14 5 (64%) Expenses 497 556 12% 1,789 1,999 12% Expense Growth Driver (YoY) Positive P&L impact in FY23 RM' mil 1,789 Negative P&L impact in FY23 Staff cost related - RM162 mil 36 4 8 30 12 33 46 41 Expense and CTI Trend RM' mil 48.5%1 47.9% 1 44.9% 44.2% 42.5% 40.7% 40.4% 1 43.6% 43.4% I 39.7% 1,999 556 424 437 450 469 478 497 478 I 1,999 1,789 FY22 Bonus Salaries & Bonus Accrual other Recruit- ment cost Reversal statutory Other staff cost Admin & Sales & Others General Marketing FY23 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 FY22 FY23 in FY22 payments AmBank Group FY23 Results - Investor Presentation 18#19Pending#20Asset Quality (Reported) | Impairment charges significantly lower Net Impairment (YoY Movement) RM' mil 1.7 351.7 34.9 269.7 1,119.5 766.0 767.7 200.8 70.0 254.8 3.2 286.1 67.5 353.6 Overlay (PL) (RM'mil): Q1FY23: 30.0 Q2FY23: 0.6 Q3FY23: (4.5) Q4FY23: 41.4 113.2 466.9 FY22 Reported AmGen FY22 impairment FY22 Continuing Overlay write-back FY22 before overlay ECL Stage 1 & 2 ECL Stage 3 Individual Recoveries Commitments Others Allowance & Contingencies FY23 before overlay Overlay charge FY23 Continuing AmGen FY23 impairment FY23 Reported Positive P&L impact in FY23 Negative P&L impact in FY23 Gross Impaired Loans and LLC Ratios Credit Cost and New Impaired Loans Formation Retail Business 114.0% Wholesale GIL Ratio 2 Loan Loss Coverage (incl RR) 1/2 1,2 AmBank Group FY20 FY21 FY22 FY23 2 Loan Loss Coverage (excl RR) 124.1% 139.2% 127.7% 93.4% Net credit cost³ (%) (excl. overlay) 0.17% 0.44%² 0.39%2 0.27% 124.1% 133.1% 116.5% Net credit cost³ (%) 0.30% 0.81%2 0.26%2 0.32% 86.2% 72.5% 1.59% 1.73% 1.57% 1.40% 1.46% Credit cost4 RM' mil 1,853 1,896 (excl. recoveries) (%) 0.62% 1.12%2 0.46%2 0.56% 1,770 1,621 1,676 283 333 260 217 266 New Impaired Loans (RM'mil) 1,491 990 1,357 1,961 222 646 628 517 676 1. 1,342 924 2. 728 882 893 Includes regulatory reserve of RM388m (FY20), NIL (FY21), RM103m (FY22) and RM212m (FY23) Restatement of numbers due to reclassified unrated bonds/sukuk from loans to financial investments from Q1FY21 to Q4FY22 (Apr 20 to Mar'22) 3. FY19 FY20 FY21 FY22 FY23 Computed based on net loan loss allowances (FS Note A25) of RM323m (FY20), RM913m (FY21), RM314m (FY22), RM422m (FY23) 4. Computed based on gross loan loss allowances (FS Note A25) of RM666mil (FY20), RM1,265mil (FY21), RM555m (FY22), RM732 (FY23) 20 AmBank Group FY23 Results - Investor Presentation#21Pending#22Deposits (Reported) | Consistent Retail deposit growth Deposits (RM' bil) CASA (RM' bil) and CASA Composition (%) CASA Trend Customer Deposits Trend YTD Growth Industry YTD Growth Industry 6% 5%¹ 13% FY23 48.8 (2%)1 FY23 130.3 FY22 2% 122.6 5%2 FY22 43.1 21% FY21 120.5 7% 6%2 FY21 35.8 24% 6%2 21%2 Retail FD Non-Retail FD AmBank Group Deposits Market Share (%) 1 Retail CASA Non-Retail CASA Retail CASA Non-Retail CASA CASA Composition (%) 37.4% 5.8% 5.6% 5.7% 5.5% 5.4% 5.5% 35.2% 32.6% 32.9% 32.2% 48.8 5.4% 5.4% 30.7% 130.3 29.9% 30.0% 124.7 122.6 124.3 121.4 121.0 43.1 114.1 115.9 39.6 39.8 40.0 24.9 19.7 37.4 21.4 23.0 20.4 21.3 35.6 18.2 17.6 34.1 24.9 23.0 20.4 43.5 21.3 21.4 51.2 45.0 19.7 45.7 46.3 43.1 18.2 46.6 45.6 17.6 23.9 16.5 17.4 17.7 20.1 19.2 18.6 18.6 23.9 20.1 16.5 17.4 17.7 19.2 18.6 18.6 33.4 34.7 36.1 33.7 35.6 38.1 39.4 38.0 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Retail Deposit 43.8% Mix 44.9% 43.1% 43.9% 45.1% 46.8% 46.7% 47.5% Retail CASA 48.5% 48.8% Mix 47.4% 46.6% 48.5% 46.6% 46.6% 49.0% AmBank Group 1. 2. Based on BNM data from end Mar'22 to end Mar'23 Based on BNM data and in accordance with AMMB's financial period FY23 Results - Investor Presentation 22 22#23Pending#24Summary | FY23 Summary IMPROVED PERFORMANCE Delivered 10% ROE Deposit repricing OPERATING LEVERAGE Neutral JAWS (Continuing Operations basis) Investments in technology and platforms continue AmBank Group FY23 Results - Investor Presentation • CREDIT PROFILE GIL manageable at 1.46% LLC (incl. RR) 127.7%; RM461mil overlays c/fwd . • BALANCE SHEET STRENGTH Capital build on track: 12.43% pre-proposed final dividend (without TA) Dividend payout 35% 24#25THANK YOU#26Pending#27Asset Quality (Continuing) | (Impairments) / Writebacks Net (Impairments) / Writebacks and GIL Ratio Total impairments by category (RM' mil) ECL Stage 1 & 2 / CP - Non defaulted¹ ECL Stage 3/CP - Defaulted Individual Provisions Recoveries Other Provisions² Total net impairments Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 QoQ Change FY22 FY23 YoY Change (122) (124) 56 561 6 19 (55) 17 (>100%) 371 (13) >100% (118) (85) (98) (557) (125) (155) (167) (141) (16%) (858) (588) (31%) (12) (21) (304) (3) (12) (20) (66) (41) (38%) (339) (139) (59%) 57 61 48 74 71 83 68 88 240 (8) (4) (40) (129) (6) (15) 71 26 (203) (173) (338) (53) (66) (88) (149) (51) 29% (63%) (182) (66%) (768)³ (354)³ 310 29% 76 (>100%) (54%) Total impairments by divisions (RM' mil) Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 QoQ Change FY22 FY23 YoY Change Wholesale Banking (68) (101) (258) (586) 21 47 (21) (1) (95%) (1,013) 46 (>100%) Investment Banking 2 7 0 2 0 (1) 0 (0) >100% 11 >100% Retail Banking (43) 5 (43) (77) (38) (121) (85) (58) (31%) (158) (302) 92% Business Banking (22) (52) 1 29 (19) (14) (100) 10 Group Funding & Others (72) (32) (39) 578 (30) 1 56 (1) Total net impairment (203) (173) (338) (53) (66) (88) (149) (51) (>100%) (44) (123) >100% 436 (66%) (768)³ (354) 3 >100% 26 (94%) (54%) GIL Ratio Wholesale Banking 2.08% 1.84% 1.98% Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 1.66% QoQ Change YoY Change 1.34% 1.07% 1.12% 0.64% (0.48%) (1.02%) Investment Banking 0.02% 0.01% 0.01% Retail Banking 1.34% 1.30% 1.12% 0.00% 1.31% 0.00% N/A N/A Business Banking 1.90% 1.66% 1.44% 1.42% 1.71% 1.82% 1.87% 1.85% 1.47% (0.02%) 0.55% 1.37% 1.65% 1.57% (0.08%) 0.15% Group 1.59% 1.47% 1.37% 1.40% 1.55% 1.52% 1.62% 1.46% (0.16%) 0.06% Industry 1.62% 1.73% 1.68% 1.71% 1.81% 1.82% 1.72% 1.75% 0.03% 0.04% 123 1. Includes overlay and forward-looking provision 2. 3. Includes trade & sundry debtors and provision for contingencies Excludes AmGen's net impairment of RM1.7m (FY22) and -RM113.2m (FY23) AmBank Group FY23 Results - Investor Presentation 27#28Pending#29Pending#30Wholesale Banking (Reported) | Wholesale Banking Total Income (YoY Movement) and Assets by Line of Business PAT Trend (RM' mil) FY22: 37 55% Total Income RM1,501 mil 17% Transaction Banking 23% Transaction Banking Group Treasury & Markets 63% 143 127 22 QoQ Growth: YoY Growth: 0% >100% FY23: 988 288 227 237 236 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 2% 7% Wholesale Banking Coverage 30% Wholesale Banking Coverage 31% Total Assets RM100.8b (255) Corporate Banking Loan Disbursement and Repayment Disbursement QoQ Mvmt: *Disbursement YoY Mvmt: Repayment QoQ Mvmt: (17%) 16% (45%) Disbursement Repayment *Repayment YoY Mvmt: 4% Group Treasury & Markets 46% 14% Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 *Note: YoY mvmt - FY23 vs FY22 AmBank Group FY23 Results - Investor Presentation 30#31Pending#32Pending#33Pending#34Pending#35Retail Banking (Reported) | Retail Banking Wealth Sales (RM' mil) FY22: 2,923 875 795 759 QoQ Growth: (7%) YoY Growth: (35%) FY23: 1,899 Merchant Volume Merchant volume (RM'mil) Merchants in force ('000) QoQ Growth: 4% QoQ Growth: YoY Growth: 38% YoY Growth: (4%) 35 35 35 35 35 34 34 34 FY22: 11,146 3,945 FY23: 15,367 3,870 3,844 3,708 3,341 3,328 563 524 495 433 2,261 2,215 379 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Credit Cards Mortgage and Auto Finance Quarterly Disbursements Cards in circulation QoQ Growth: *Cards in circulation YoY Growth: 3% 10% Cards in circulation ('000) New cards issued ('000) New cards issued QoQ Growth: *New cards issued YoY Growth: (3%) 36% ■Mortgage Auto Finance Mortgage QoQ Growth: *Mortgage YoY Growth: Auto Finance QoQ Growth: *Auto Finance YoY Growth: 8% 9% 6% 66% 100 Cards in circulation 640 620 600 90 80 70 60 580 50 560 540 520 500 ☑ Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 40 30 New cards issued 20 10 1411177 Q1FY22 Q2FY22 *Note: YoY growth - FY23 vs FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 AmBank Group FY23 Results - Investor Presentation 35#36Retail Banking (Reported) | Retail Banking Income Statement YoY Growth 15% (5%) 12% 9% 16% 92% (2%) (2%) (2%) RM' mil Net Interest Income Non-Interest Income Total Income Expenses PBP Impairment PBT Tax Expenses PAT FY23 1,635 243 1,878 (914) 964 (302) 661 (158) 503 FY22 1,417 256 1,673 (840) 833 (158) 676 (161) 515 FY23 PAT FY22 PAT Positive growth in FY23 Contraction in FY23 Balance Sheet (RM' mil/%) Key Ratios Gross Loans/Financing 68,396 72,351 FY22 FY23 YTD Change 6% GIL Ratio FY22 FY23 YTD Change 1.31% 1.85% 0.54% Gross Impaired Loans 893 1,342 50% CTI 50.2% 48.7% (1.5%) Customer Deposits 53,814 61,933 15% Loan Loss Coverage 126.9% 88.7% (38.2%) CASA 20,076 23,936 19% ROA 0.78% 0.72% (0.06%) CASA mix 37.3% 38.6% 1.3% Average AUM 2,779 2,281 (18%) (Wealth Management) AmBank Group FY23 Results - Investor Presentation 36#37Business Banking (Reported) | Business Banking Gross Loans (RM' mil) Non-trade Trade QoQ Growth: YoY Growth: 6% 13% 21,196 20,068 18,736 19,053 19,336 18,070 17,329 17,374 5,465 5,200 5,172 5,300 5,249 4,945 4,676 4,675 12,653 12,699 13,125 13,564 13,753 14,087 14,868 15,731 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Customer Deposits (RM' mil) CASA FD QoQ Growth: YoY Growth: 9% 7% PAT Trend (RM' mil) 16,365 15,231 15,034 15,071 13,831 14,120 12,624 12,517 66 7,250 6,950 7,303 7,431 6,997 7,433 6,139 6,280 8,282 9,115 6,485 6,237 6,398 7,123 7,731 7,639 QoQ Growth: YoY Growth: >100% (5%) FY22: 278 FY23: 265 30 22 82 100 69 69 79 21 96 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 AmBank Group FY23 Results - Investor Presentation 37#38Pending#39Islamic Banking (Reported) | Islamic Banking Income Statement YoY Growth 17% ▲ 17% 17% (65%) >100% >100% 100% RM' mil Total Income Expenses PBP Impairment PBT Tax & Zakat PATZ FY23 1,207 (335) 872 (180) 692 (160) 532 FY22 1,032 (285) 747 (507) 240 (52) 188 FY23 PAT FY22 PAT Positive growth in FY23 Contraction in FY23 Balance Sheet (RM' mil/%) Key Ratios FY22 FY23 YTD Change FY22 FY23 YTD Change Gross Financing 39,347 45,641 16% GIF Ratio 1.60% 1.14% (0.46%) Gross Impaired Financing 629 521 (17%) CTI 27.6% 27.8% 0.2% Customer Deposits 37,590 45,253 20% Financing Loss Coverage 114.3% 136.5% 22.2% CASA 14,446 17,785 23% ROA 0.36% 0.95% 0.59% CASA Mix 38.4% 39.3% 0.9% AmBank Group FY23 Results - Investor Presentation 39#40AmBank (M) entity level | AmBank (M) Income Statement YoY Growth 9% 21% 11% 10% 13% (37%) 25% >100% 7% RM' mil Net Interest Income Non-Interest Income Total Income Expenses PBP Impairment PBT Tax PAT FY23 2,341 677 3,019 (1,428) 1,590 (173) 1,417 (326) 1,091 FY22 2,151 560 2,711 (1,300) 1,411 (275) 1,136 (118) 1,018 FY23 PAT FY22 PAT Positive growth in FY23 Contraction in FY23 Balance Sheet (RM' mil/%) Key Ratios FY22 FY23 YTD Change FY22 FY23 YTD Change Gross Loans 80,016 83,739 5% GIL Ratio 1.31% 1.64% 0.33% Gross Impaired Loans 1,046 1,374 31% CTI 48.0% 47.3% (0.7%) Loan Loss Coverage Customer Deposits 85,871 85,391 (1%) 153.4% 123.6% (29.8%) (incl Regulatory Reserve) CASA 29,527 31,342 6% ROA 0.90% 0.86% (0.04%) CASA Mix 34.4% 36.7% 2.3% AmBank Group FY23 Results - Investor Presentation 40 40#41P&L Continuing Operations | Continuing Operations - YoY Income and Core PAT Growth, Improved CTI Continuing Operations - Total Income (RM'mil) & CTI CTI 48.1% 45.2% 45.1% 45.5% 39.7% 44.2% 42.5% 48.5% 44.9% 40.7% 40.4% 47.9% 45.9% 43.6% 43.4% 11% 7% 5% 7% 6% 12% 5% 12% 5% 4,608 -2% -7% -7% -6% 3,900 4,100 24% 23% 28% 877 972 1,037 1,013 1,067 989 1,058 986 1,044 1,173 1,231 1,160 72% 77% 76% 34% 27% 28% 24% 26% 22% 23% 21% 20% 22% 24% 29% 66% 73% 72% 76% 74% 78% 77% 79% 80% 78% 76% 71% Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 FY21 FY22 FY23 NII NOII QoQ Movement YoY Movement Continuing Operations - Core Profit After Tax 1,2 (RM'mil) >100% I 22% 64% 12% 18% 51% 45% 1,742 -40% -14% -26% -3% -5% -75% 1,201 795 317 190 232 339 293 354 395 466 453 428 216 57 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 FY21 FY22 FY23 Core PAT QoQ Movement YoY Movement 1. 2. Q4FY21 and FY21 Core PAT exclude exceptional one-off items of RM4,767mil and related legal and professional expenses of RM21mil Q3FY22, Q4FY22 and FY22 Core PAT exclude i) tax credit of RM261mil (inclusive of tax credit relating to Settlement of RM235mil and RM26mil tax claims from prior years), offset by ii) Cukai Makmur (Prosperity Tax) charge of RM96mil AmBank Group FY23 Results - Investor Presentation 41#42P&L Continuing Operations | Appendix: Continuing Operations - P&L by Quarters FY21 FY22 FY23 YoY Movement FY21-FY23 (full FY) YoY Movement Q4FY22 RM'mil Q1 Q2 Q3 Q4 Q1 Q2 Q3 40 Q4 Q1 Q2 Q3 Q4 VS Q4FY21 Q4FY23 VS Q4FY22 FY21 FY22 FY23 FY22 vs FY21 FY23 vs Y22 NII 576 706 746 775 786 769 815 781 831 913 930 824 1% 5% 2,802 3,151 3,498 12% 11% ΝΟΙΙ 301 267 291 239 281 221 243 205 213 260 301 336 (14%) 64% 1,098 950 1,110 (13%) 17% Income 877 972 1,037 1,013 1,067 989 1,058 986 1,044 1,173 1,231 1,160 (3%) 18% 3,900 4,100 4,608 5% 12% Expenses (422) (439) (468) (462) (424) (437) (450) (478) (469) (478) (497) (556) 4% 16% (1,790) (1,789) (1,999) 12% PBP 455 533 569 552 643 552 608 508 575 695 734 605 (8%) 19% 2,110 2,311 2,609 10% 13% (Impairment) (48) (335) (262) (494) (203) (173) (338) (53) (66) (88) (149) (51) (89%) (5%) (1,139) (768) (354) (33%) (54%) / Writeback Goodwill & other (1,937) N/A N/A (1,937) N/A N/A impairment Settlement (2,830) N/A N/A (2,830) N/A N/A PBT/(LBT) 407 198 307 (4,709) 440 380 270 454 509 608 585 554 ▲ >100% PAT/(LAT) 317 190 232 (4,731) 339 293 377 358 395 466 453 428 ▲ >100% 22% (3,797) 1,544 2,255 19% (3,993) 1,366 1,742 >100% 46% >100% 28% Adjustments 4,788 (161) (4) 4,788 (165) Core PAT¹,2 317 190 232 571 339 293 216 354 395 466 453 428 >100% 21% 795 1,201 1,742 51% 45% CTI 48.1% 45.2% 45.1% 45.5% 39.7% 44.2% 42.5% 48.5% 44.9% 40.7% 40.4% 47.9% 3.0% ▼(0.6%) 45.9% 43.6% 43.4% ▼ (2.3%) ▼ (0.2%) FY Financial Year 1. 2. Excluding exceptional one-off items of RM4,767mil and related legal and professional expenses of RM21mil Excluding i) tax credit of RM261mil (inclusive of tax credit relating to Settlement of RM235mil and RM26mil tax claims from prior years), offset by ii) Cukai Makmur (Prosperity Tax) charge of RM96mil AmBank Group FY23 Results - Investor Presentation 42#43P&L Continuing Operations | Appendix: Reported - P&L by Quarters FY21 FY22 FY23 YoY Movement FY21-FY23 (full FY) YoY Movement Q4FY22 RM'mil Q1 Q2 Q3 Q4 Q1 22 Q2 Q3 Q4 Q1 Q2 Q3 Q4 VS Q4FY21 Q4FY23 VS Q4FY22 FY21 FY22 FY23 FY22 vs FY21 FY23 vs Y22 NII 614 740 779 803 818 800 845 812 863 923 930 824 1% 1% 2,935 3,275 3,541 12% 8% NOII 479 415 397 326 420 321 338 311 298 262 301 336 (5%) A 8% 1,617 1,390 1,197 (14%) (14%) Income 1,092 1,155 1,176 1,129 1,238 1,121 1,183 1,123 1,162 1,185 1,231 1,160 (1%) 3% 4,552 4,665 4,738 A 2% 2% Expenses (539) (524) (545) (525) (495) (514) (529) (557) (544) (504) (497) (556) 6% ≈ (2,132) (2,094) (2,100) (2%) PBP 554 631 631 605 743 607 654 566 618 681 734 605 (6%) 7% 2,420 2,571 2,637 6% 3% (Impairment) (50) (333) (262) (492) (199) (174) (337) (51) (64) (203) (149) (51) (90%) (1%) (1,137) (761) (467) (33%) (39%) /Writeback Goodwill & other (1,937) (5) (0) 0 N/A N/A (1,937) (5) N/A N/A impairment Settlement (2,830) N/A PBT/(LBT) 504 298 369 (4,655) 540 433 317 514 554 478 585 554 ▲ >100% PAT/(LAT) 402 273 283 (4,670) 422 338 417 418 434 362 453 428 ▲ >100% 2% N/A (2,830) 8% (3,483) (3,712) 1,595 N/A N/A 1,805 2,170 ▲ >100% 20% 1,676 >100% 5% PATMI/ 365 237 264 (4,693) 387 321 403 392 419 435 453 428 >100% 9% (3,826) 1,503 1,735 >100% 15% (LATMI) Adjustments 4,788 (161) 1 4,788 (160) Core PAT¹,2 402 273 283 118 422 338 256 419 434 362 453 428 >100% 4% 1,076 1,435 1,676 33% 17% Core 365 237 264 95 387 321 243 390 419 435 453 428 ▲ >100% 10% 962 1,340 1,735 39% 29% PATMI1,2 CTI 49.3% 45.4% 46.4% 46.5% 40.0% 45.8% 44.7% 49.6% 46.8% 42.5% 40.4% 47.9% 3.2% ▼(1.7%) 46.8% 44.9% 44.3% ▼(1.9%) ▼ (0.6%) FY=Financial Year 1. Excluding exceptional one-off items of RM4,767mil and related legal and professional expenses of RM21mil 2. Excluding i) Total tax credit of RM266mil (inclusive of tax credit relating to Settlement of RM235mil and RM31mil tax claims from prior years), offset by ii) Total Cukai Makmur (Prosperity Tax) charge of RM106mil. Inclusive of AmGen's Cukai Makmur (Prosperity Tax) of RM10mil and tax claims from prior years of RM5mil, before 49% minority interest AmBank Group FY23 Results - Investor Presentation 43#44Pending