AmBank Group...•Exploring strategy options for Life & Takaful business AmBank Group: Execute to Strategic Priorities Accelerate Growth & Business Mix Changes Strengthen Customer

AMBANKGROUP GROUP INVESTOR RELATIONS & PLANNING INVESTORS PRESENTATION 9MFY2013 1

AMMB Holdings Berhad

Ashok Ramamurthy Group Managing Director

Vision

solutions group, we take pride in growing your future with us

Investors Presentation 9MFY2013 Results 19 February 2013

AmBank Group


1. Executive summary

2. 9MFY2013 Group Financial Performance

3. Outlook

4. Integration Updates

5. Divisional Strategy & Performance

6. Supplementary Information

o Strategies in more detail

o Economic landscape

o Strategic partnerships

o Others

1. Executive Summary

Page 8

Page 21

Page 25

Page 34

Page 46


Scale & Presence

Reposition, Build New Growth Options

Improve Returns

FY2012 FY2007 - 11 Pre ANZ

Reported PATMI grew +9.1%, ROE at 14.2%

Net loans grew +9.6%, in profitable & viable segments

Strengthened capital & funding (CASA grew +26.5%, LDR at 89.4%)

Credit ratings upgraded: Baa1/P-2/Stable by 1

Kurnia & MBF Cards acquisitions completed, integration in progress

Repositioned AmLife and AmTakaful for new strategic options

9MFY2013

Aggressively Invest, Optimise & Leverage Connectivity

FY2013-2015

Grow retail assets

Lead in investment banking business

Leverage fixed income trading

3 Focus areas:

Strategic Business Transformation

High priority growth initiatives

Organisation and governance structures

5th consecutive year of record performance

Consistent & broad based revenue growth

Improved balance sheet & funding mix

Dividend payout: 40.1%

Pursue niche acquisitions such as Kurnia

AmBank Transformational Journey

1 AmBank (M) Bhd


Transaction* Islamic*

+57.8% +9.3%

Good 9MFY2013 results, in line with FY2013 expectations

PATMI#

EPS (basic)

ROA

ROE

1 Not annualised ^ Restated with retrospective application of MFRS, where applicable

# PATMI: profit after tax and non controlling interests * Performances integrated to divisional outcomes

YoY Change Q1FY12 Q1FY11 Q4FY11 FY11

1,238.8 mil 1,135.3 mil 9.1% 393.6 mil 396.6 mil 448.6 mil 341.4 mil 346.2 mil

14.2% 14.2% - 13.3% 13.5% 15.9% 12.5% 12.8%

1.43% 1.43% - 1.27% 1.39% 1.64% 1.30% 1.33%

41.31 sen 38.01 sen 8.8% 13.1 sen 13.21 sen 15.01 sen 11.41 sen 11.61 sen

9MFY13 9MFY12 ̂(restated) Q3FY13 Q2FY13 Q1FY13 Q4FY12 Q3FY12

Performance

9MFY2013 on track to achieve full year estimates

Improved net-interest income despite competitive pricing in selected segments

Credit quality improving with lower YTD charge offs/allowances

9MFY13 vs 9MFY12^ PAT growth

Retail Business Corporate & Institutional

Investment Markets General Life

+15.5% +60.2% +81.1% -54.4% -43.7% +66.0% ->100.0%

Divisional Growth

Retail Banking: higher profits from improved asset quality

Business and Corporate & Institutional Banking: strong income and deposits growth

Investment Banking and Markets: subdued performances with stable outlook

General insurance: improved underwriting profits and now includes 3-months performance

Life Assurance: results reflecting revisions to reporting requirements


2.04% 2.64% 0.60% 2.45%

15.9% 14.7% 1.2% 15.7%

11.1% 10.3% 0.8% 11.3%

89.4% 89.9% 0.5% 89.3%

44.5% 40.8% 3.7% 40.6%

43.0% 40.8% 2.2% 40.6%

Gross impaired loans

LD Ratio3

CTI

RWCAR

Tier 1 CAR

Risk, Capital & Funding Profile

Consistently strong deposits growth, improved funding and risk profiles

Net Lending1

Customer Deposits2

CASA

YoY Change Q1FY12 Q1FY11 Q4FY11

81.2 bil 74.1 bil 9.6% 75.6 bil

15.4 bil 12.2 bil 26.5% 13.2 bil

90.9 bil 82.4 bil 10.3% 84.7 bil

9MFY13 9MFY12 ̂(restated)

FY12 ̂(restated)

Growth

Stronger loans growth targeting profitable & viable segments Maintained strong CASA growth via expanded product and service offerings Implementing customer segmentation to enhance share of wallet and increase cross-selling across divisions

Proactive and consistent risk management

LDR at preferred levels (circa 90% ± 2%) Continued investments to build capacity for growth

9MFY13 9MFY12 ̂(restated)

FY12 ̂(restated)

^ Restated with retrospective application of MFRS, where applicable 1 Includes Islamic loans sold with recourse

2 Adjusted customer deposits include term funding and loans sold with recourse 3 Based on net loans including loans sold with recourse over adjusted customer deposit

4 Exclude acquisition & synergistic benefit costs

Underlying4

Reported


4.8%1; positive domestic sentiment but not immune to global economy

Domestic business and government spending is expected to support economic activities, spurred by Budget 2013 incentives & plans, accommodative policies and continued roll-out of ETP

Domestic demand is expected to moderate with lower household spending

Short term uncertainties may impact private sector investments, but ETP programs expected to offset this

What is ahead

Malaysia: Anticipating stable outlook for 2013

Ongoing ETP supported lending and capital market activities

New Responsible Lending Guidelines and regulatory reforms moderating consumer loans growth

Moderating economy and price-based competitions for loans and deposits are ongoing challenges to maintain margins

Tougher economic environment may put some pressure on improving asset quality trends

OPR expected to remain at 3% for 2013

Banking: Opportunities & challenges

Source: BNM and PEMANDU websites

4.8%

-1.5%

7.2%

5.1% 5.0% 4.8%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

580,000

600,000

620,000

640,000

660,000

680,000

700,000

720,000

CY2008 CY2009 CY2010 CY2011 CY2012f CY2013e

%

GDP (RM'mil) GDP (%)

ETP execution gaining momentum

Initiatives

Investment ( )

GNI Impact ( )

Job creation

2011 2012 Total

110 39 149

179.2 32.8 212.0

129.5 8.1 137.6

313,741 97,151 410,892

1 Based on Bloomberg consensus as at 10 Jan 2013

1 1


Execute program to strengthen brand positioning in affluent segments

Centralize functions to improve customer experience via reengineering and process automation

Optimize operating and support segments to deliver productivity and efficiency gains, maintaining upper tier CTI

Commenced AmG-Kurnia and MBF Cards integration and delivering on synergies & benefits

Exploring strategy options for Life & Takaful business

AmBank Group: Execute to Strategic Priorities

Accelerate Growth &

Business Mix Changes

Strengthen Customer

Centricity & Connectivity

Increase Productivity &

Efficiency

Acquire & Integrate

Accelerate execution of Retail reshaping programme and grow main bank relationships

Grow Transaction Banking and Markets businesses for non-interest income

Enhance focus on AmLife and AmTakaful to deliver growth

Uplift ANZ International Connectivity via joint account planning / aligned pricing and propositions to customers

Targeting increased investments in growth, productivity and infrastructure to support MTA



Investors Presentation 9MFY2013 Results 19 February 2013

AmBank Group

Mandy Simpson Chief Financial Officer



2. FY2012 Group Financial Performance

3. Outlook







o Others



PATMI H1FY12*Net interest incomeNon Interest IncomeTotal income Expenses PBP Impairments PBT Taxation & zakat PAT Minority interests PATMI H1FY13PATMI H1FY12*Net interest incomeNon Interest IncomeTotal income Expenses PBP Impairments PBT Taxation & zakat PAT Minority interests PATMI H1FY13

5.9% 79.6% 9.0% 3.5%

1,238.8 mil

9.1% 9.9% 0.02% 6.2% 9.2% 9.0%

1,135.3 mil

PATMI* 9MFY12

Net Interest Income

Non-Interest Income

Total income

Expenses PBP Provisions/ Allowances

PBT Tax & Zakat PAT MI Reported PATMI* 9MFY13

One-off expenses#

Underlying PATMI* 9MFY13

9MFY13 ( )

2,122.8 1,022.8 3,145.6 1,398.5 1,747.1 65.8 1,681.3 410.3 1,271.0 32.2 1,238.8

9MFY12 ̂( )

2,058.4 1,086.5 3,144.9 1,282.5 1,862.4 322.5 1,539.9 373.5 1,166.4 31.1 1,135.3

3.1%

9M FY13 PATMI 9M FY12 PATMI Positive growth in 9M FY13 Contraction in 9M FY13

* PATMI: profit after tax and non controlling interests ^ Restated with retrospective application of MFRS, where applicable

Net interest income and lower allowances underpinned 9MFY2013 results

Reflects (1) acquisition & operating costs to deliver synergies, and (2) ongoing medium term investments

Growth

PATMI 9MFY12*Net interest incomeNon Interest IncomeTotal income Expenses PBP Impairments PBT Taxation & zakat PAT Minority interestsPATMI 9MFY13

PATMI 9MFY12 Retail banking Business banking Corporate &Institutional

InvestmentBanking

Markets General InsuranceLife Assurance OperatingSegments

PATMI 9MFY13

1,264.8 mil

11.4%

PATMI 9MFY12*Net interest incomeNon Interest IncomeTotal income Expenses PBP Impairments PBT Taxation & zakat PAT Minority interestsPATMI 9MFY13

# one-off acquisitions related expenses

26.0 mil


PATMI 9MFY12Retail banking Businessbanking

Corporate &Institutional

InvestmentBanking

Markets GeneralInsurance

Life Assurance OperatingSegments

MinorityInterest

PATMI 9MFY13

Diversified contributions with acquisitions contributing to growth

81.1% 43.7% 66.0% 54.4% 9.1% >100.0% 9.2%

* Performances reflected within divisional outcomes ̂Restated with retrospective applications of MFRS, where applicable

2. Includes expenses for recently set-up AmFamily Takaful business

84%

15.5% 60.2% >100.0% 57.8%

PATMI (by division)

PATMI* 9MFY12

Retail Business Corporate & Institutional

Investment Markets General

Insurance Life

Assurance1 Operating Segments

MI

Transaction* Islamic*

PATMI* 9MFY13

% of Composition

35% 22% 26% 4% 11% 9% -3% -1% -3%

9MFY13 ( )

437.6 269.8 323.7 47.7 132.3 106.9 -38.9 -8.12 -32.2 147.4 196.1

9MFY12^ ( )

378.9 168.4 178.7 104.6 235.1 64.4 4.7 31.6 -31.1 93.4 179.5

Conventional PATMI Islamic PATMI Positive growth in 9M FY13 Contraction in 9M FY13

1,135.3 mil

84%

16%

1,238.8 mil

16%

Growth

Note: Includes 3-months -month performance

Includes 3 months profit of RM31.2 mil

month profit of RM5.2 mil

3.5%


610.3 674.3 701.6

543.0 574.0

288.1

302.4

562.218.2 5.2

302.0

123.7

172.0

146.5

127.1

18.2

21.6

21.7

15.4

118.2 20.6

FY10 FY11 FY12 9MFY12* Fee Income Trading & InvestmentInsurance Business Others 9MFY13

Fee Income Trading & Investment Insurance Business Others

31.0

419.2

108.9

Non-interest income movement

Lower non-interest income from trading & investments, stronger general insurance contribution

As % of total income 29% 30% 34% 35% 33%

5.9%

1,432.0

1,040.3

1,170.2

1,022.8

5.7% 28.2% 16.8% 34.4%

1,086.5

^ Restated with retrospective application of MFRS, where applicable

610.3 674.3701.60

378.2 373.2

288.1 302.4

562.20

19.6

191.5

123.7

172.0

146.50

5.0

89.6

18.2

21.6

21.70

10.1 127.1 8.7

FY10 FY11 FY12 H1FY12* Fee Income Trading & InvestmentInsurance Business Others H1FY13

Fee Income Trading & Investment Insurance Business Others

FY10 FY11 FY12 ̂ 9MFY12 ̂ Fee Income Trading &

Investment Insurance Business

Others 9MFY13

56%

29%

2%

13%

Sales: 27% Trading: 43% Others: 30%

Partly from higher retail fee income inline with stronger lending & deposits activities as well as wealth propositions

Good premium growth in general insurance, partly offset by revision in life assurance reporting requirement


Note : 1 Net Interest Margin includes Net Financing Income from Islamic Banking business

2 FY10-H1FY13 based on internal data computation

NIM and COF (YoY)

Lower NIM as expected, COF up with acquisition funding partly offset by CASA growth


Q1FY12 ̂ Q2FY12 ̂ Q3FY12 ̂ Q4FY12 ̂ Q1FY13 Q2FY13 Q3FY13

NIM and COF (QoQ)

FY10 FY11 FY12 9MFY13

COF

NIMF

SRRF

OPRF

COF

NIMF

SRRF

OPRF

3.44%

2.68%

2.92% 2.92% 2.86% 2.91% 2.90% 2.85%

2.92%

3.04%

2.98% 2.94% 2.94%3.05%

2.95% 2.90%3.01%

2.94%

FY09 FY10 FY11 Q1FY12 Q1FY11 Q2FY11 Q3FY11 Q4FY11 Q1FY12

Cost of funds NIMCost of Fund NIM OPR SRR

3.44%

2.68%

2.92% 2.92% 2.86% 2.91% 2.90% 2.85%

2.92%

3.04%

2.98% 2.94% 2.94%3.05%

2.95% 2.90%3.01%

2.94%


Cost of funds NIM

3.44%

2.68%

2.92% 2.92% 2.86% 2.91% 2.90% 2.85%

2.92%

3.04%

2.98% 2.94% 2.94%3.05%

2.95% 2.90%3.01%

2.94%


Cost of funds NIM

2.50%2.75% 2.75% 2.75%

3.00%

3.00%

1.00% 1.00% 1.00% 1.00%

2.00%

3.00%

4.00%

Q1FY11 Q2FY11 Q3FY11 Q4FY11 Q1FY12 Q2FY12

OPR SRR

SRR

OPR

2.50%2.75% 2.75% 2.75%

3.00%

3.00%

1.00% 1.00% 1.00% 1.00%

2.00%

3.00%

4.00%

Q1FY11 Q2FY11 Q3FY11 Q4FY11 Q1FY12 Q2FY12

OPR SRR

SRR

OPR

3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00%

2.00%

3.00%

3.50%4.00% 4.00% 4.00% 4.00% 4.00% 4.00%

Q1FY12 Q2FY12 Q3FY12 Q4FY12 Q1FY13 Q2FY13 Q3FY13

OPR SRR

3.14% 3.18% 3.19% 3.21% 3.14% 3.13% 3.15%

2.66% 2.71%2.85%

2.74% 2.71% 2.60%

2.56%

Q1FY12 Q2FY12 Q3FY12 Q4FY12 Q1FY13 Q2FY13 Q3FY13

Cost of funds NIM

NIM

COF

2.68%

2.92%

3.18% 3.15%2.98% 2.94%

2.74%2.63%


Cost of funds NIM

NIM

COF

2.25%2.75% 3.00% 3.00%

1.00% 1.00%

4.00% 4.00%


OPR SRR

Acquisition funding cost (RM1.0 bil) : 1 bps; Term funding raised (RM0.9 bil): 1bps


1,049.8

797.2 848.3

362.6

274.2 318.4

127.7

94.6

1,282.6

93.0

154.5

116.6 51.1 21.5

FY12 9MFY12 Personnel Establishment Mkt & Comm Admin Integration Acquisition 9MFY13

RM' MilRM' Mil

1,398.5

1,694.6

21.544.2

-1.6 -23.5 24.224.293.1

43.3% 42.0% 39.9% 40.6%44.5%

46.9% 47.3%43.2% 44.3%

44.1%

FY09 FY10 FY11 FY12 9MFY13

AMMB CTI Peer banks

Cost-Income Ratio

FY09 FY10 FY11 FY12 (restated)

9MFY13

Underlying CTI within expectations, reported CTI reflecting acquisition costs

9MFY12 Personnel Establishment Marketing & Comm Admin & others Synergistic benefit cost

Acquisitions cost 9MFY13

Expense growth drivers

Personnel & Staff Establishment Marketing & Communication Administration & Others


Establishment 23%

Personnel 61%

Marketing & Communication

6%

Admin & others 7%

Acquisition & synergistic benefit cost

3%

Operating Expenses % Composition (9MFY13)

43.3%42.0%

39.9% 40.6%42.4%

46.9% 47.3%

43.2%

44.3%44.5%

FY09 FY10 FY11 FY12 H1FY13

AMMB CTI Peer banks

IT cost : 15%

Synergistic benefit costs Acquisition

6.4% 16.1% 1.7% 20.1%

43.3% 42.0% 39.9% 40.6%

46.9% 47.3%43.2% 44.3%

44.1%


AMMB CTI Peer banks

Underlying 43.0%

44.5%

43.3% 42.0% 39.9% 40.6%

46.9% 47.3%43.2% 44.3%

44.1%


AMMB CTI Peer banks

Underlying CTI excluded acquisition and synergistic benefit costs Reported CTI

43.3%42.0%

39.9% 40.6%42.4%

46.9% 47.3%

43.2%

44.3%44.5%

FY09 FY10 FY11 FY12 H1FY13

AMMB CTI Peer banksPeer banks average CTI

9.0%


3.182.02 1.50 1.01

5.53

3.602.43

1.87 2.54 2.45 1.91 1.70

56.6%67.3%

75.1%

99.5%114.5% 123.7%

Net NPL Gross NPL Gross Impaired Loans Loan Loss Coverage Allowance Coverage (MFRS 139)

3.18%

0.97%0.60%

0.88%

6.2%

3.7%

2.6%

1.5%

10.4%

6.3%

4.1%

2.8%

3.81%3.33%

2.45%

2.03%

0.51%0.10%

Net Provisions Charge Net NPL Ratio Gross NPL Ratio Gross Impaired Loans Loan Loss Charge(MFRS139)

3.182.02 1.50 1.01

5.53

3.602.43

1.87 2.54 2.45 1.91 1.82

56.6%67.3%

75.1%

99.5%114.5% 121.8%


3.18%

0.97% 0.60%0.88%

6.2%

3.7%

2.6%

1.5%

10.4%

6.3%

4.1%

2.8%

3.81%3.33%

2.45%

2.38%

0.51%0.08%

FY2007 FY2008 FY2009 FY2010 Day 1 FY2011 FY2012 Q1FY2013

Net Provisions Charge Net NPL Ratio Gross NPL Ratio Gross Impaired Loans Loan Loss Charge(MFRS139)

Provisioning levels have commenced normalizing, asset quality continues to improve Asset Quality Indicators

MF

RS

139

177bps

35bps

Allowance Coverage: Retail Bkg: 82.6% Business Bkg: 153.6%

Gross Impaired Loans Retail Bkg: 2.66% Business Bkg: 0.92%

3.18%

0.97% 0.60%0.88%

6.2%

3.7%

2.6%

1.5%

10.4%

6.3%

4.1%

2.8%

3.81%3.33%

2.45%

2.38%

0.51%0.08%


Net Provisions Charge Net NPL Ratio Gross NPL Ratio Gross Impaired Loans Loan Loss Charge (MFRS139)

MF

RS

139

3.18%

0.97% 0.60%0.88%

6.2%

3.7%

2.6%

1.5%

10.4%

6.3%

4.1%

2.8%

3.81%3.33%

2.45%

2.38%

0.51%0.08%


Net Provisions Charge Net NPL Ratio Gross NPL Ratio Gross Impaired Loans Loan Loss Charge (MFRS139)

Gross Impaired loans

GP

3 G

P3

3.182.02 1.50 1.01

5.53

3.602.43

1.87 2.54 2.45 1.91 1.91

56.6%67.3%

75.1%

99.5%114.5%

116.3%


Net NPL Gross NPL Gross Impaired Loans Loan Loss Coverage Allowance Coverage (MFRS 139)Net NPL Gross NPL

3.182.02 1.50 1.01

5.53

3.602.43

1.87 2.54 2.45 1.91 1.82

56.6%67.3%

75.1%

99.5%114.5% 121.8%


2.04%

123.5%

0.16%

FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 9MFY13 Day 1

[1 April 10]


0.00%

0.50%

1.00%

1.50%

2.00%

Q1 Q2 Q3 Q4

% Write-Offs to Avg Gross Loans

0.00%

0.60%

1.20%

1.80%

Q1 Q2 Q3 Q4

% New Gross NPL / Gross Impaired Loans to Gross Loans

Note :

1 FY2004 and FY2005 financials based on gross before IIS

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

New gross impaired loans formation within expectations

Impairments caused by a previously restructured Business Banking loan

Prudently accelerated write-offs of partial provisions post system enhancements

0.00%

0.60%

1.20%

1.80%

Q1 Q2 Q3 Q4


FY2004-FY2007 FY2008-FY2010 FY2011

FY2012 FY2013

GP 3

FY 2004 - FY 2007 FY 2008-FY2010 FY 2011

MFRS 139

0.00%

0.60%

1.20%

1.80%

Q1 Q2 Q3 Q4


FY2004-FY2007 FY2008-FY2010

FY2011 Q1FY2012FY2012 FY2013

0.00%

0.40%

0.80%

1.20%

Q1 Q2 Q3 Q4

% Gross NPL / Impaired Loans Conversion to Gross Loans

0.00%

0.20%

0.40%

0.60%

Q1 Q2 Q3 Q4

% Recoveries to Avg Gross Loans


Loans: non-retail growing faster than industry, retail targeting viable segments

Gross Loan1 / Financing1 movement

Retail Non-Retail

6.1% 13.8%

76.3bil

6.0% 26.7% 10.7% 18.5% 2.5% 3.6% 83.3bil

42%

58%

9.2%

40%

60%

Gross Loan 9M FY12

Auto Financing

Mortgage Cards Co-Op Asset

Financing Business

Corporate & Institutional

Others Gross Loan 9M FY13

% of Composition

31.2% 19.0% 2.8% 2.0% 3.5% 20.7% 19.6% 1.2%

9M FY13 ( )

26.0 15.8 2.3 1.7 2.9 17.3 16.3 1.0

9M FY12 ( )

24.5 14.9 1.8 1.9 2.8 15.6 13.8 1.0

8.1%

No

n-reta

il R

eta

il

6.2%

Non-Retail Retail 1 Including Islamic financing sold to Cagamas Positive growth in 9MFY13 Contraction in 9M FY13

Loan portfolio 9MFY13

Fixed rate43%

Variable rate57%

Conventional75%

Islamic25%

Gross Loans9MFY12*

Auto Financing Mortgage Cards Co-Op Asset FinancingBusiness Banking (exGLR)

Corporate &Institutional Banking

Others Gross Loans 9MFY13

AmBank Cards : RM1.1bil LOC: RM0.7bil MBF Cards: RM 0.5bil


7.0 8.5

10.4

13.2 15.4

11% 12%14%

17% 19%


CASA CASA composition

13.9% 15.0% 13.9% 14.5% 14.5%

77.0% 77.4% 74.5% 74.0% 73.1%

0.7% 1.5% 6.9% 6.9% 7.3%1.0% 1.2% 0.6% 0.8% 1.2%7.4% 4.9% 4.3% 3.9% 3.9%


Improving funding composition

Equity & Debt Capital Deposits from Customers

Term Funding & loans sold with recourse > 1 yr Term Funding & loans sold with recourse < 1 yr

Deposits from Banks & FIs

-

1.0

2.0

3.0

4.0

5.0

6.0

7.0

FY06 FY08 FY09 FY10 FY11 FY12 FY13 YTD FY13 FY14 FY15 FY16 FY17 FY18 FY19+

RM'bil

Debt Capital Term Funding Loans sold to Cagamas

Issuance Maturity

Lengthening debt capital & term funding profile

1. Term funding includes Senior Notes, credit-linked notes, loans sold with recourse and other sources such as pension and retirement funds, non-profit organisations and similar

Diversified funding with well distributed debt maturities

94.9%

Improving CASA composition

Diversifying funding

Term funding, 10.7%

Individuals, 35.3%Biz

enterprises, 44.7%

Government, 9.3%

CASA composition


6.6 sen

6.6sen

7.0sen

8.0sen

10.5sen

12.0sen

13.5sen

13.5sen

13.5sen

20%

28%

40% 40% 41%

25%

Interim Dividend Final Dividend Dividend Payout Ratio

ROE ROA

EPS, Basic Sen/Share

Dividend, Gross Sen/Share


* Not annualised

FY09 FY10 FY11 FY12 FY12 ̂ 9MFY13 FY09 FY10 FY11 FY12 FY12^ 9MFY13 (restated) (restated) (Previously reported)

(Previously reported)

FY09 FY10 FY11 FY12 FY12̂ 9MFY13 FY09 FY10 FY11 FY12 FY12 ̂ 9MFY13 (restated) (restated) (Previously reported)

(Previously reported)

6.0 sen

11.7% 11.5%13.6% 14.1% 13.8% 14.2%

31.6sen

34.7sen

44.7sen

50.5sen

49.4sen 41.3

sen*

1.04% 1.13%1.39% 1.43% 1.39% 1.43%


Capital adequacy: Pro-forma AmBank Group Banking Entities1 Capital adequacy by legal entities2

1. Banking entities include AmBank (M) Berhad Group, AmInvestment Bank Group and AmIslamic Bank

2. 9MFY13 after deducting proposed dividend

3. Proforma double leverage ratio computed based on AMMB Holdings Bhd Company level

AMMB Holdings double leverage ratio3 1.13x

Balance Sheet leverage ratio (total equity net of deferred tax & intangible assets over total assets net of deferred tax & intangible

assets)

8.1%

Total leverage ratio (total equity net of deferred tax & intangible assets over total assets net of deferred tax & intangible

assets& Off Balance Sheet )

6.2%

Remained well positioned for Basel III & targeted payouts

Comfortable with Risk Appetite Framework Targets for regulated entities:

CET 1: 8.3% ± 1%

Tier 1 CAR: 10.3% ± 1%

RWCAR: 14.3% ± 1%

9.5%

14.4%

8.0%

12.5%

21.7% 21.7%

11.0%

15.5%

9.6%

15.9%

25.4% 25.4%

Tier 1 RWCAR Tier 1 RWCAR Tier 1 RWCAR

AmBank AmIslamic AmInvestment

FY11 FY12 9MFY13

7.7%* 8.1%* 8.0%*9.2% 9.2%

9.7%10.3% 10.2%

11.3% 11.1%

15.2%15.8%

14.4%15.7% 15.9%

FY2009 FY2010 FY2011 FY2012 9MFY2013

CET 1 Ratio Tier 1 CAR RWCAR* include preference shares




3. Outlook







o Others

3. Outlook


Grow deposits and improve CASA composition Increase share of wallet and main bank relationships, grow assets in profitable & viable segments Forecasting higher profit contribution for FY2013

Capitalise on ETP targeting preferred sectors (oil & gas, palm oil, construction/infrastructure) Increase penetration of corporate clients with international presence Expecting good profit growth for FY2013

Raise CASA ratio, diversify cash management services and increase utilization of trade products Enhance customer service and improve turnaround time to clients Expecting good profit growth for FY2013

Continue cross selling growth leading to increase in non interest income Capitalize on public & private sectors growth initiatives and focus on selected key sectors Anticipating increased profit for FY2013

Focus on high value ETP deals for oil & gas, infrastructure & construction New products & services for DCM, equities corporate solutions & structural products, funds management Expecting subdued performance for FY2013

Expand product range utilising Murex capabilities Enable trading for regional bonds, increase contribution of cross border transactions Expecting subdued performance for FY2013

Increase contribution of non-motor retail lines, develop business insurance and direct marketing capabilities Increase penetration of AmBank customers & renewal rate, and motor customer base Commence AmG-Kurnia integration and delivering on synergies Expecting higher growth in premium and profit for FY2013

Optimising and maximising both the volumes & profitability of bancassurance distribution Expecting profit contribution to be impacted by accounting policy changes and BNM guidelines for FY2013

Grow the Islamic contract/project financing via focus on customers awarded with ETP-related contracts Increase penetration of products and increase cross-

RETAIL*

BUSINESS*

CORPORATE & INSTITUTIONAL*

INVESTMENT*

MARKET*

GENERAL

LIFE

ISLAMIC

TRANSACTION*

* Conventional & Islamic

Outlook: profit growth for FY2013 expected circa 9 11%


FY09 FY10 FY11 FY12

(restated) ̂

9MFY2013 FY13

FY14-FY15

860.8 1,008.6 1,342.8 1,476.6 1,238.8

11.7% 11.5% 13.6% 13.8% 14.2%

43.3% 42.0% 39.9% 40.6% 44.5%**

2.6%

1.5%

3.81%

3.33%

2.45%

2.04%

8.0 sen / share

20%

10.5 sen / share

28%

18.0 sen / share

40%

20.1 sen / share

41%

7.0 sen / share

25%

PATMI* ( )

ROE (%)

CTI (%)

Net NPL ratio / Gross

impaired loans (%)

Dividend: Gross/single-

tier (sen) Payout (%)

Key performance indicators

Actual

Underlying estimates

NIM expected to contract 10 15bps

Loan loss charge expected to be circa 25 bps

Loans growth expected to grow @ 8 10%

LD ratio expected to maintain at ~90%

CASA composition at 16 18%

Non-interest income as a percentage of total income at circa 35%

Retail : non-retail loan portfolio at approximately 60 : 40

Target CET 1 of 8.3% (1%), Tier 1 of 10.3% (1%), RWCAR of 14.3% ( 1%)

*PATMI: profit after tax and non-controlling interests ** Underlying CTI: 43.0% ^ Restated with retrospective application of MFRS, where applicable

Other FY2013 underlying estimates

9 11%

9 12% CAGR

14 14.5% 14 15%

40-50% Payout

40-50% Payout


Summary

Good 9MFY2013 performance, on track to achieve FY2013 estimates

Recent acquisitions to drive synergistic benefits progressively

Exploring new strategic options for AmLife & AmTakaful

Fully committed to FY2013 2015 strategic priorities:

Accelerate growth & business mix changes Strengthen customer centricity & connectivity Increase productivity and efficiency Acquire & integrate in-fill acquisitions and strategic tie-ups




3. Outlook

4. Kurnia acquisition updates






o Others

4. Integration updates


Deal highlights

AmLife deliver on transformation to enhance bancassurance business and continue to restructure our agency force

AmTakaful capitalize on the growth opportunities in the Takaful segment

AmLife & AmFamily Takaful: now a 100% owned subsidiaries

On 4 Jan 2013, AMAB1 acquired the remaining 30% equity interest each in AmLife2 & AmTakaful3 held by Friends Life

Cash consideration of RM245 mil o Valuation based on aggregated net assets of AmLife &

AmTakaful of RM487 mil as at 30 Sep 2012

Friends Life will continue to provide technical support to AmLife & AmTakaful over an agreed period of time

AmFamily Takaful Berhad

AmLife Insurance Berhad


100%

AMAB Holdings Sdn Bhd

Full control to pursue opportunities unique to

AmBank Group

Continued support from Friends Life

Strategic Considerations

& Next Steps

AmLife & AmTakaful now a wholly owned subsidiary

JV with Friends Life acquisition of 30% shareholding for RM170mil;

AmTakaful Friends Life has 30% shareholding (RM30 mil)

partnership with AMMB

1. AMAB AMAB Holdings Sdn Bhd, a wholly owned subsidiary of AMMB 2. AmLife AmLife Insurance Bhd 3. AmTakaful AmFamily Takaful Bhd

100% 100%

Exploring strategy options to grow Life & Takaful business New opportunities


Significantly Addresses Partially Addresses Partially Addresses

Our approved strategic aspirations have not changed... AmG remains committed to building an industry leadership position, under-pinned by Motor scale and supported by growth in Commercial and Personal Lines.

Kurnia

Building a performance culture led by a top quartile performing management team

Delivering industry-leading systems, operational excellence and superior

customer service

Building best-practice customer database management & marketing techniques

Be the Number 1 in Motoring Customers

Lead in Chosen Niche Commercial Segments Lead in Non-Motor Personal Lines

On 26 Sep 2012, AmG1, 51% owned subsidiary of AMMB, acquired 100% equity interest in Kurnia2

Cash purchase price of RM1.627 bil (Base price of RM1.55 bil, increased in net assets of Kurnia of RM77 mil RM836 mil as at the completion accounts (30 Jun 2012) vs. RM759 mil as of 30 Jun 2011)

Valuation: Implied Price to Book of 1.95x based on 30 Jun 2012 net assets

51% capital injection by AMMB to AmG, funded by existing internal cash resources, supplemented by approximately RM500 mil of senior debt issued in Aug 2012

Deal Summary & Valuation

1. AmG Insurance Bhd 2. Kurnia Insurans (Malaysia) Berhad

Strategic Alignment: The Kurnia Acquisition Contributes To The Achievement Of These Strategies

ability to Address Strategy

Achieves GWP Aspirations

Creates Dominant Scale Player

Reduces Margin Pressures

Diversification

Meeting future industry challenges

Kurnia Responds to Numerous Strategic Imperatives

https://www.kurnia.com/malaysia


Total Headcount reduction

A Procurement B Corporate recharge

C Rationalisation

50

15.5

14.5

10.5

9.5

D

31% 29% 21% 19%

Synergies Percent Description No material

redundancies during integration period

Headcount reduction largely achieved through natural attrition

Leverage scale of the enlarged business

Cessation of annual service fee paid to parent company

Rationalisation of shared assets and services (e.g. branch footprint, network charges, etc.)

Gradual ramp up in attainment of synergies

Esti

mate

d

RM

mil p

er

ye

ar

Synergies: Estimated Annual Savings of RM50 mil from Year 2 onwards R

EC

AP

:

UP

DA

TE

S:

Headcount reduction: good progress, attrition levels in line with synergy realisation

o Majority of headcount reduction is from aligning Distribution teams, remainder from various support teams

Procurement: Scheduled to commence in March, will take 18 months

o Claims procurement synergies are a result of increasing the efficiency in settling claims

Rationalization: Mainly relates to branch rationalisation, remainder is IT procurement & admin savings

o Joint shared service model announced and will take effect in March

o IT procurement savings commenced with RM1.5m locked in to date

o Consolidation of branch network underway, to be completed by end of 2013

4 major source of synergies contribute to estimated annual savings of RM50 million from year 2 onwards



Summary

Integrating Kurnia

Expected outcome

Low transition risk a business AmG

Detailed integration plans developed, integration progress on track

o AmG business to Kurnia legal entity

o Relocated headquarters to Menara Kurnia, consolidation of branch network underway

o Commenced centralisation of AmG branch operations

Synergistic benefit cost of RM42 mil support accelerated move to one core system

Dual branding strategy Kurnia

Full integration by 2014

Sustainable #1 position in motor

Maintain two of the strongest general insurance brands in the industry

Deliver synergy targets and improved profitability

Consolidate market leading practices (i.e. claims management, policy processing, customer service and agent relationship management)

Maximise renewals amongst our existing customer-base

Leverage our large existing motor customer-base to cross sell non-motor personal lines

Intensify recruitment of profitable agents

Strengthen relationship and support to the Group

Key Focus Beyond Vesting



MBF Cards: A merchant leader in card business

Acquired 100% equity of MBF Cards ( and 33.33% equity of Bonuskad

Cash consideration of RM641.4 mil

o base price of RM623.4 mil, increased in NAV of MBF Cards of RM219.2 mil as at completion date 30 Nov 2012 vs. benchmark NAV of RM207.2 mil as at 31 Dec 2010, and share of earnings of Bonuskad of about RM6 mil from 1 Jan 2011 until 30 Nov 2012

3 Dec 2012 Legal Day 1

Funded by existing internal cash resources, supplemented by ~RM500 mil senior debt issued in Aug 2012

EPS accretive within 12 18 months from acquisition

MBF Cards MBF Cards ( ) Sdn Bhd; Bonuskad Bonuskad Loyalty Sdn Bhd

Acquiring business: Creates Top 3 merchants (from 11th position) acquiring business with >45,000 merchants-in-force

Cards receivables: Strengthens market position at #6, combined cards receivables ~ RM2.3 bil

Access to Bonuslink database of 7 million cardholders & 3 million merchant base

Full control over LOC business

Accelerate growth from recurring non-interest income, provides for CASA growth & cross-selling opportunities

Estimated integration: 12 months

AmBank Cards & MBF Cards integration taskforces initiated, communication plans in progress

Internal control measures implemented

Pending vesting, business as usual (BAU) for both AmBank Cards & MBF Cards

Recap:

Deal highlights

Strategic Fit:

Improved profitability,

scale & growth

Integration in progress


MBF Cards: Integration to last about 1 2 years

End Jul 2012

BNM submission

3Qtr 2012

PMI commencement

Establishing integration team PMO, communication

& execution

Strategic direction, vision & synergies

Detailed integration plan: 100 day plan

IT system assessment

Phase 1 Phase 2 Phase 3 Phase 4

2

3

3 Dec 2012

Legal Day 1

4

Execution of 100 day plan Continued integration, synergies & monitoring

2Qtr 2013

Vesting Day 1

5 4Qtr 2013

Operational Day 1

System Day 1

6

Indicative timeline

Acquisition Integration Planning 100 days

integration 100 days+ integration

Ongoing execution

10 Jul 2012

Signed SPA

Continued integration & refinements

1

Note: Operational Day 1: all operational functions are fully integrated System Day 1: all systems are integrated into a Single Platform

Today


0 6

17

0.5

13

26

Year 1 Year 2 Year 3

Revenue synergies Cost synergies

Project office &

consulting, 21%

Technology, 22%

Marketing & branding,

16%

Human Capital,

40%

Others, 1%

MBF Cards: financial implications and synergies benefits

Revenue synergies mainly from CASA & cross selling

Cost synergies mainly from cost of funding savings, network rationalisation, marketing, human capital (benefits harmonisation & staff natural attrition)

Targeting circa RM43 mil synergies by Year 3 Breakdown of integration cost

Estimated total integration cost of RM51 mil to deliver synergies

Consulting project office & consulting resources

Technology upgrading & integrating IT system

Human capital harmonisation of salary & benefits

Gross Revenue & Cost Synergies Estimates*

15% is capitalised

* Gross synergies estimates before netting off synergies capture cost including harmonisation cost

19

43




3. Outlook







o Others



Vision

Our Vision and divisional aspirations

* Conventional & Islamic

TRANSACTION*

Become Top 5 Transaction

Banking Service Provider

in Malaysia by FY2015 with 8% market share

CIB*

Deliver innovative & quality solutions,

high-profile

and high-value clients and

leverage ANZ for x-border businesses

ISLAMIC

To be the Islamic Bank of choice

INVESTMENT*

Deliver comprehensive solutions, lead in capital markets,

funds management, stock broking and enhance domestic

and overseas distribution

via ANZ

MARKETS*

Deliver substantive, integrated and

client-led business with full suite of FX,

Rates, Commodities

and FI offerings with ANZ

collaborations

FAMILY TAKAFUL

To be the trusted Family Takaful Operator of

choice within all of our

selected markets

LIFE ASSURANCE

Trusted by our stakeholders

GENERAL INSURANCE

Leverage scale to lead the market in the

motoring segment, whilst building

a leading personal lines

portfolio and niche commercial business

DIVISIONAL ASPIRATIONS

RETAIL*

Develop a liability-led business,

grow assets in targeted segments & expand Wealth

Management

BUSINESS*

Growing the business through decisive

execution


9MFY13 vs RM'mil 9MFY12* 9MFY13 9MFY12

Income 1,345.4 1,379.4 +2.5%

Expenses 572.2 596.3 +4.2%

PBP 773.2 783.1 +1.3%

Provisions 268.0 199.6 -25.5%

PBT 505.2 583.5 +15.5%

PAT 378.9 437.6 +15.5%

Gross Loans / Financing 45,924.1 48,735.6 +6.1%

Gross Impaired Loans 2.66% 1,225.9 1,296.2 +5.7%

Customer Deposits 33,463.8 35,149.1 +5.0%

CASA Deposits 8,591.3 9,682.9 +12.7%

ROA 1.11% 1.23% +0.12%

CTI 42.5% 43.2% +0.7%

Allowance Coverage 82.8% 82.6% -0.1%

PATPBPExpensesIncome

Develop a liability-led business, grow assets in targeted segments and expand Wealth Management

Composition to Group 42.8% 44.7% 34.4% 43.9%

Expanded fee based income via wealth propositions and stronger loans & deposits growth

Stronger loans growth compared to previous quarters, continue to target profitable segments

Steady growth in CASA up 12.7%

On going price competition on some segments creating margin compression

MBF Cards performance integrated into

9MFY12 results Positive growth in 9MFY13 Contraction in 9MFY13

* Restated with retrospective application of MFRS, where applicable

Retail Banking: Higher profits from improved asset quality and stronger loans growth

- -0.2%


Higher income underpinned by good asset growth and higher fee income

Strong CASA growth

Expanding new customer base and capitalising Transformation Programme (ETP)

Expenses PBP PATIncome


Income mix for 9MFY13

Business Banking: Higher income and strong loans and deposits growth

Growing the business through decisive execution



Lending & deposits,

71%

Trade Services &

Cash Mgmt, 28%

Others,1%

RM'mil 9MFY12* 9MFY13

Income 414.2 469.6 +13.4%

Expenses 75.7 78.8 +4.1%

PBP 338.5 390.8 +15.5%

Provisions 115.4 32.3 -72.0%

PBT 223.1 358.5 +60.7%

PAT 168.4 269.8 +60.2%


Gross Impaired Loans 0.92% 371.1 158.7 -57.2%

Customer Deposits 7,604.3 8,406.7 +10.6%

CASA Deposits 2,355.0 2,830.8 +20.2%

ROA 1.56% 2.15% +0.59%

CTI 18.3% 16.8% -1.5%

Allowance Coverage 96.8% 153.6% +56.8%

9MFY13 vs

9MFY12


Income Expenses PBP PAT

Higher income growth underpinned by strong growth in lending, deposits and transaction banking

Focused on growing share of wallet in key segments driving income growth

Services include : large corporate lending& deposits, financial institutions group, offshore banking, transaction banking, private equity, REITs and trustee services

Corporate & Institutional Banking: Continued strong income and deposits growth



Deliver innovative and quality

-profile and high-value clients and leverage ANZ for x-border businesses

* Restated with retrospective application of MFRS, where applicable ^ Include deposits and placements of banks and other financial institutions

^

Lending & deposits,

65%

Offshore Banking, 7%

Asset Mgmt, 9%

Trade Services &

Cash Mgmt, 19%


RM'mil 9MFY12* 9MFY13 9MFY12

Income 288.1 412.4 +43.1%

Expenses 55.5 61.5 +10.8%

PBP 232.6 350.9 +50.9%

Provisions 4.2 (64.9) ->100.0%

PBT 228.4 415.8 +82.0%

PAT 178.7 323.7 +81.1%


Total Deposits 34,924.1 40,842.6 +16.9%

ROA 1.69% 2.62% +0.93%

CTI 19.3% 14.9% -4.3%

Ave Assets Management 1,535.4 1,691.6 +10.2%

9MFY13 vs

G

G

G

G


Improved contributions from funds management and private banking providing strong recurring income, partly offset by lower income from DCM and CF due to smaller deals size

Decline in stock broking and equity derivatives contribution with lower trading volumes and yields from increased competition


Investment Banking: Subdued performance with stable outlook

1 Including AmInvestment Management, AmInvestment Services, AmIslamic Funds Management & private banking Source : Malaysia Association of Asset Management & Lipper Hindsight



Deliver comprehensive solutions, lead in capital markets, funds management, stock broking and enhance domestic & overseas distribution via ANZ



Debt Cap Mrkt, 8%

Corporate Finance,

10%

Equity, 3%

Broking & Futures,

23%

Fund Mgmt, 37%

Private Banking,

9%

Int Biz, 10%


Income 323.6 260.6 -19.5%

Expenses 179.2 184.7 +3.1%

PBP 144.4 75.9 -47.4%

Provisions 2.6 3.4 +30.8%

PBT 141.8 72.5 -48.9%

PAT 104.6 47.7 -54.4%

CTI 55.4% 70.9% +15.5%

* Ave Assets Management 30,673.5 36,366.8 +18.6%

Ave Volume / Contract Traded (RM'mil/month)

Bursa M'sia 69,742.5 66,342.4 -4.9%

Future KL index (FKLI) 419.3 354.3 -15.5%

* IB Broking 4,268.4 4,405.4 +3.2%

* AmFuture - FKLI 66.9 27.0 -59.6%

Market Share as at:

* IB Broking 6.1% 6.7% +0.6%

* AmFuture -FKLI 14.9% 7.6% -7.3%

9MFY13 vs 9MFY12

1



Income 357.0 222.4 -37.7%

Expenses 52.9 55.5 +4.9%

PBP 304.1 166.9 -45.1%

Provisions (9.2) (9.2) = +0.0%

PBT 313.3 176.1 -43.8%

PAT 235.1 132.3 -43.7%

CTI 14.8% 25.0% +10.1%

PAT : FX and Derivatives 50.6 53.4 +5.5%

Financial assets HFT 8,750.8 8,400.8 -4.0%

Financial investments

AFS 1,818.0 2,252.8 +23.9%

Total Group:

Financial assets HFT 9,231.3 9,399.8 +1.8%


AFS 4,831.1 6,027.5 +24.8%


HTM 130.3 2,623.3 +>100.0%

9MFY13 vs

9MFY12


Lower income was attributed to:- o Persistent global uncertainties and flattish

yield curve hampered opportunities o Lack of primary origination bond transactions

Streamlining processes for greater synergies and operational efficiency, including new products rollout

Continue to diversify income streams to avoid over reliance on trading

Markets: Performance impacted by continued volatility in market



Deliver substantive, integrated and client-led business with full-suite of FX, Rates, Commodities and FI offerings with ANZ collaborations



Fixed Income, 52%

Foreign exchange,

30%

Derivatives, 18%

24.9%



General Insurance: Improved performance, commence Kurnia integration

Income growth from improved underwriting profits, focusing on both motor & niche general insurance segments

Lower claims as a result of enhanced claims management process and more stringent underwriting controls (e.g. restructuring and centralisation of claims operations)

Positive capital adequacy ratio exceeds benchmark supervisory target

3 months performance integrated into general insurance

Composition to Group

Leverage scale to lead the market in the motoring segment, whilst building a leading personal lines portfolio and niche commercial business

* Restated with retrospective application of MFRS, where applicable ^ Kurnia assets integrated into general insurance total assets ** Represent October December period 9MFY12 results Positive growth in 9MFY13 Contraction in 9MFY13

8.0% 7.6% 8.4% 7.8%


Income 148.0 245.2

Expenses 62.9 112.0

PBP 85.1 133.2

Provisions - 3.5

PBT 85.1 129.7

PAT 64.4 106.9

CTI 42.5% 45.7%

Total assets 1,257.5 4,389.1

AmG

Claim ratio 64.9% 62.5%

Expenses ratio 14.7% 14.9%

Combined ratio 89.7% 89.4%

Kurnia Q3FY12** Q3FY13**

Claim ratio 74.3% 61.4%

Expenses ratio 22.8% 20.1%

Combined ratio 104.2% 90.9%


Income PAT

Life Assurance**: Results reflecting revisions to reporting requirements

Transfer from life business reflected the revisions in reporting requirements, from change in classification of Non-Par fund and reserves from liability to equity

Driving growth to become a leading insurance player and to leverage AmBank

-quality platform

Targeting attractive segments through a

Optimising life agency and other channels and aligning life products to target segments and delivering margin expansion

Composition to Group -3.1% -1.1%

Trusted by our stakeholders



Documents

AmBank Group...•Exploring strategy options for Life & Takaful business AmBank Group: Execute to Strategic Priorities Accelerate Growth & Business Mix Changes Strengthen Customer