Analyst Presentation 1H16 Results 29 August 2016 Agenda 1. Key - PowerPoint PPT Presentation

Analyst Presentation 1H16 Results 29 August 2016

Agenda 1. Key Highlights 2. CIMB Group 1H16 Financials 3. PBT by Segment 3.1 Regional Consumer Banking 3.2 Regional Commercial Banking 3.3 Regional Wholesale Banking 3.4 Group Asset Management & Investments 3.5 Group Funding 3.6 CIMB Islamic 4. T18 Updates 5. Final Remarks 2

CIMB Group : 1H16 Results 1. Key Highlights

Key Financial Highlights Operating Income Overhead Expenses Loan Impairment (RM ‘ mil) (RM ‘ mil) (RM ‘ mil) +1.5% Y-o-Y -1.1% Y-o-Y -0.7% Y-o-Y +4.8% Q-o-Q -2.2% Q-o-Q +26.7% Q-o-Q ^ 7,628 4,259 7,514 4,228 1,066 1,054 2,137 3,903 589 2,091 3,725 465 1H15 1H16 1Q16 2Q16 1H15 1H16 1Q16 2Q16 1H15 1H16 1Q16 2Q16 BAU Gross Loans * Net Profit Deposits (RM ‘ mil) (RM ‘ mil) (RM ‘ mil) +6.6% Y-o-Y +7.1% Y-o-Y +1.7% Y-o-Y -0.4% Q-o-Q +2.9% Q-o-Q +7.2% Q-o-Q 294.9 319.6 318.4 ^ ~ 1,687 1,659 286.7 276.6 297.3 873 814 1H15 1H16 1Q16 2Q16 Jun-15 Mar-16 Jun-16 Jun-15 Mar-16 Jun-16 BAU Notes: ^ Excluding 1Q15: IB restructuring cost (RM202 mil); 2Q15: MY MSS cost (RM316 mil) ~ Excluding 2Q15: Tax on MY MSS cost (RM79 mil) 4 * Excluding bad bank

Key Ratios ROE NIM CI -380bps Q-o-Q -130bps Y-o-Y -60bps Y-o-Y -1bps Y-o-Y +50bps Q-o-Q +1bps Q-o-Q ^ ~ ^ 57.4% 8.7% 56.7% 2.64% 2.63% 2.63% 8.4% 2.62% 55.4% 8.1% 53.6% 7.9% 1H15 1H16 1Q16 2Q16 1H15 1H16 1Q16 2Q16 1H15 1H16 1Q16 2Q16 BAU BAU LD Loan Loss Charge CET 1 +100bps Y-o-Y -50bps Y-o-Y +15bps Q-o-Q -5bps Y-o-Y +10bps Q-o-Q +290bps Q-o-Q 10.7% 10.6% 94.0% 93.5% 0.79% 0.76% 0.71% 0.64% 90.6% 9.7% Jun-15 Mar-16 Jun-16 1H15 1H16 1Q16 2Q16 Jun-15 Mar-16 Jun-16 Notes: ^ Excluding 1Q15: IB restructuring cost (RM202 mil); 2Q15: MY MSS cost (RM316 mil) 5 ~ Excluding 2Q15: Tax on MY MSS cost (RM79 mil)

PBT By Segments 1H16 1H15^~ Group Funding Group Funding (5%) 6% GAMI GAMI 6% 6% Consumer Banking Wholesale Wholesale Consumer 52% Banking Banking Banking 36% 37% 40% Commercial Commercial Banking Banking 10% 12% 1H16 PBT Growth by Key Divisions Consumer Commercial Wholesale Group Asset Group Banking Banking Banking Management Funding & Investments ^ ~ ~ +22.1% +21.0% +5.4% -39.8% -182.6% PPOP Y-o-Y ^ ~ ~ +35.8% -16.7% +6.2% +8.3% -186.2% PBT Y-o-Y +14.0% -42.5% +10.5% -23.5% +37.7% PBT Q-o-Q Notes: ^ Excluding IB restructuring cost (RM202 mil) 6 ~ Excluding MY MSS cost (RM316 mil)

PBT By Country 1H16* 1H15*^~ Others Others Singapore 2% 5% 6% Singapore Thailand 9% 4% Thailand 5% Indonesia Indonesia 13% 4% Malaysia Malaysia 75% 77% 1H16* PBT Growth by Key Countries # ~ +0.6% +26.4% +14.0% -8.0% PPOP Y-o-Y # ~ +1.6% +241.2% -15.2% -36.8% PBT Y-o-Y +11.2% +66.9% -92.0% +12.9% PBT Q-o-Q Notes: ^ Excluding IB restructuring cost (RM202 mil) # Excluding IB restructuring cost (RM41 mil) 7 ~ Excluding MY MSS cost (RM316 mil) * Excluding HQ costs, mainly comprising of funding costs

CIMB Group : 1H16 Results 2. CIMB Group 1H16 Financials

Quarterly Earnings Trend 10.7% 9.8% 9.0% 9.1% 8.2% 8.4% 8.4% 7.9% 2.7% *RM ’mil 4,041 3,903 3,834 3,840 3,725 3,680 3,529 3,545 3,407 1,281 1,209 1,179 1,199 1,164 1,123 1,189 1,026 950 890 873 877 902 850 782 814 386 252 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 Operating income* PBT* Net profit* ROE** Notes: FY15: 1Q15 Excluding IB restructuring cost (RM202 mil) 2Q15 Excluding MY MSS cost (RM316 mil) and tax on MY MSS (RM79 mil) 3Q15 Excluding tax and MI on ID MSS (RM36 mil) and ID MSS cost (RM134 mil) 4Q15: ID MSS cost (RM32mil) and tax on ID MSS (RM8 mil) FY14: 4Q14 Excluding gains from sale of Karawaci building (RM66 mil), gains from sale of Insurance Brokers (RM61 mil), IB goodwill impairment 9 (RM128 mil) and DTA reversal (RM51 mil)

Earnings Summary 1H15 (RM ‘mil) 1H16 Y-o-Y 2Q16 1Q16 Q-o-Q BAU* Net interest income 5,451 5,118 6.5% 2,720 2,731 (0.4%) Non interest income 2,177 2,396 (9.1%) 1,183 994 19.0% Operating income 7,628 7,514 1.5% 3,903 3,725 4.8% Overhead expenses (4,228) (4,259) (0.7%) (2,091) (2,137) (2.2%) PPOP 3,400 3,255 4.5% 1,812 1,588 14.1% Loan impairment (1,054) (1,066) (1.1%) (589) (465) 26.7% Other provisions (117) (6) >1000% (67) (50) 34.0% Share of JV / Associates 83 42 97.6% 33 50 (34.0%) PBT 2,312 2,225 3.9% 1,189 1,123 5.9% Net profit 1,687 1,659 1.7% 873 814 7.2% EPS (sen) 19.6 19.6 - 10.1 9.5 6.3% ROE (Annualised) 8.1% 8.7% (60bps) 8.4% 7.9% 50bps PBT (Actual) 2,312 1,707 35.4% 1,189 1,123 5.9% Net Profit (Actual) 1,687 1,220 38.3% 873 814 7.2% 10 Note: * Excluding 1Q15: IB restructuring cost (RM202 mil); 2Q15: MY MSS cost (RM316 mil) and tax on MY MSS cost (RM79 mil)

Key Ratios 1H15 (%) 1H16 Y-o-Y 2Q16 1Q16 Q-o-Q BAU* ROE ~ 8.1 8.7 8.4 7.9 NIM ~** 2.63 2.64 2.63 2.62 Non-interest income / total income 28.5 31.9 30.3 26.7 Cost to income 55.4 56.7 53.6 57.4 Allowance coverage # 83.5 77.9 83.5 84.8 Loan loss charge ~ 0.71 0.76 0.79 0.64 Gross impaired loans ratio 3.2 3.3 3.2 3.0 Net impaired loans ratio (Net of IA and PA) 0.5 0.8 0.5 0.5 Average shareholders’ funds (RM ’mil) 41,707 38,246 41,655 40,999 ROA ~ 0.73 0.77 0.75 0.70 Book value per share (RM) 4.85 4.61 4.85 4.80 Loan to Deposit (LDR) 93.5 94.0 93.5 90.6 CASA ratio 35.3 35.1 35.3 35.4 Notes: * Excluding 1Q15: IB restructuring cost (RM202 mil); 2Q15: MY MSS cost (RM316 mil) and tax on MSS cost (RM79 mil) ~ Annualised ** Daily Average 11 # Including regulatory reserve, allowance coverage was 95.9% as at end-Jun 2016

Operating Expenses 1H15 (RM ‘mil) 1H16 Y-o-Y 2Q16 1Q16 Q-o-Q BAU* Personnel 2,360 2,411 (2.1%) 1,205 1,155 4.3% Establishment 965 954 1.2% 448 517 (13.3%) Marketing 143 181 (21.0%) 60 83 (27.7%) Admin & General 760 713 6.6% 378 382 (1.0%) Total 4,228 4,259 (0.7%) 2,091 2,137 (2.2%) Total (Actual) 4,228 4,777 (11.5%) 2,091 2,137 (2.2%) Cost to income 55.4% 56.7% (130bps) 53.6% 57.4% (380bps) 12 Notes: * Excluding IB restructuring cost (RM202 mil); 2Q15: MY MSS cost (RM316 mil)

Gross Loans Growth Loans by Country as at 30 Jun 16 # Divisions / Products (RM ‘bil) 30 Jun 16 30 Jun 15 Y-o-Y 31 Mar 16 Q-o-Q Others Consumer Banking (51.3%) 151.5 138.2 9.6% 147.5 2.7% 7% Singapore Mortgages 74.9 66.8 12.1% 72.5 3.3% 11% Term Loans 33.8 31.7 6.6% 33.2 1.8% Thailand Malaysia 8% Auto 19.9 19.5 2.1% 19.9 - 55% Indonesia Credit Cards 9.0 7.9 13.9% 8.6 4.7% 19% Personal Financing 4.3 4.1 4.9% 4.2 2.4% Enterprise 7.3 6.2 17.7% 6.9 5.8% Loans* + Y-o-Y Growth Others 2.3 2.0 15.0% 2.2 4.5% Commercial Banking (13.4%) 39.4 38.4 2.6% 38.1 3.4% Malaysia 7.7% Wholesale Banking (35.3%) 104.0 100.0 4.0% 101.1 2.9% Indonesia ^ (1.6%) Gross Loans excl bad bank* 294.9 276.6 6.6% 286.7 2.9% Thailand ^ 3.0% Bad Bank 2.8 3.0 (6.7%) 2.7 3.7% Singapore ^ (4.0%) Total Gross Loans 297.7 279.6 6.5% 289.4 2.9% Others** 5.6% Group ~ 3.9% Notes: * Excluding FX fluctuations, total gross loans grew +3.9% Y-o-Y and +1.5% Q-o-Q + Gross loans exclude bad bank # Based on geographical location of counterparty, excluding bad bank ^ In local currency ~ Excluding FX fluctuations 13 ** Including Labuan, London, Cambodia, Hong Kong & Shanghai

Deposits Growth Deposits by Country as at 30 Jun 16 Divisions / Products (RM ‘bil) 30 Jun 16 30 Jun 15 Y-o-Y 31 Mar 16 Q-o-Q Others Consumer Banking (43.8%) 139.4 124.2 12.2% 134.3 3.8% 5% Singapore Commercial Banking (13.6%) 43.4 40.2 8.0% 42.3 2.6% 12% Thailand Wholesale Banking # (42.6%) 135.6 132.9 2.0% 143.0 (5.2%) 6% Total * Malaysia 318.4 297.3 7.1% 319.6 (0.4%) Indonesia 60% 17% Deposits Y-o-Y Growth Malaysia 6.9% Indonesia ^ (3.6%) Thailand ^ (5.7%) Singapore ^ 19.2% Others** (8.2%) Group ~ 4.6% Notes: * Excluding FX fluctuations, total group deposits grew +4.6% Y-o-Y and -1.5% Q-o-Q ^ In local currency ~ Excluding FX fluctuations # Including deposits with options classified as derivatives in MY & SG 14 ** Including Labuan, London, Cambodia, Hong Kong & Shanghai

CASA Growth CASA by Country as at 30 Jun 16 Country (RM ‘bil) 30 Jun 16 30 Jun 15 Y-o-Y 31 Mar 16 Q-o-Q Others Malaysia 60.7 60.1 1.0% 61.2 (0.8%) Singapore 2% 10% Indonesia ** 28.5 25.0 14.0% 26.5 7.5% Thailand 9% Thailand 10.2 6.1 67.2% 9.2 10.9% Malaysia Singapore 10.9 11.6 (6.0%) 10.9 - 54% Indonesia + Others 2.2 1.6 37.5% 5.5 (60.0%) 25% Total * 112.5 104.4 7.8% 113.3 (0.7%) CASA Y-o-Y Growth Malaysia 0.9% Indonesia ^ 5.7% Thailand ^ 62.6% Singapore ^ (11.4%) Group ~ 4.9% Notes: * Excluding FX fluctuations, total CASA grew 4.9% Y-o-Y and -2.1% Q-o-Q ** Adjusted for high cost saving deposits classified as Structured Deposits ^ In local currency ~ Excluding FX fluctuations 15 + Including Labuan, London, Cambodia, Hong Kong & Shanghai