3Q 2025 Financial Results Media Briefing

Welcome to our session. I would like to invite the CEO to get us going. Good morning. Thank you again for joining us today. As all of you know, geopolitical developments are impacting business outlook. But we always see encouraging signs.

Our same continues to attract investments. I mean, evolving changes. We continue to see healthy intra-regional trade flows. While a softening rate environment is putting pressure on asset use, we see healthy loan growth and fee in town. Now, for the first, for the third quarter we have reported a strong operating profit of 1.9 billion. And we are happy with our performance for the first 9 months with healthy growth in loans, deposits, including CASA, wealth AUM, and fees.

Now, from this position of strength, we have proactively set aside additional preemptive general allowances. This substantially strengthens our provision coverage ratios. Reinforcing resilience and flexibility to navigate hit wins and sustain long-term growth. And after building our coverage ratios, we retain a healthy capital position. By prioritizing balance sheet strength, we stand ready to act, support customers,

and see strategic growth opportunities across the region. Now, for our shareholders, we remain committed to our 2 billion share buyback with almost one quarter of the program completed as of September, 2025. There is no change to a policy of 50% dividend payout, and our 2025 final dividend will not let me emphasize will not be impacted by this preemptive general allowance. Our core franchise performance remains sound with strong fundamentals and positive momentum

quarter on quarter. If we look at the long growth, it was robust. 2% quarter on quarter, 5% year on year. And they are very broad-based. CASA, this is a very broad-based program. CASA, this is something that we have been always emphasizing for both retail and wholesale banking registered healthy growth. For the first nine months, up 19% year on year. Our well-management AUM grew strongly during the quarter. Quarter on quarter AUM up 8 billion, or 4% new money. And the invested AUM

portion continued its upward trend. In terms of P&L, net interest income down 3% quarter on quarter. It was impacted by margin compression in a declining rate environment. But this was partially offset by healthy loan growth. Gross fee income saw robust crop-based growth across loan-related parts and well-management businesses. Up 8% quarter on quarter, 10% year on year. Customer-related trade and investment income grew strongly. We maintain cost

discipline, keep expenses flat while investing in growth initiative. On the asset quality front, MPA formation and specific allowances will hire this quarter due to a few accounts in the US and greater China commercial real estate sectors. We conducted a thorough review of our portfolio. As a proactive move to further strengthen our balance sheets, we took the opportunity to ramp up our provision buffers to cushion against any further hit-bits. By setting aside general allowance of 0.6 billion and raising our GP to performance ratio to 1%

which is higher than the 0.9% objective that we articulated previously. With this, our total MPA coverage improved to 100% or 240% including collectors. Now following this exercise, we expect our total credit cost to normalize. With asset quality risks contain barring any unexpected global volatility. Our balance sheet remains strong with CET1 ratio of 14.6% and robust liquidity ratios.