Investor Presentation...Investor Presentation Financial Results First Quarter FY2019 ended 31 March 2019 30 May 2019. 1 Table of Contents Executive Summary 2 Results Overview 4 Prospects

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Humanising Financial Services

Investor Presentation

Financial ResultsFirst Quarter FY2019 ended 31 March 2019

30 May 2019

1

Table of Contents

Executive Summary 2

Results Overview 4

Prospects & Outlook 16

Appendix:

1. Financial Performance 19

2. Community Financial Services 30

3. Global Banking 33

4. Maybank Singapore 36

5. Maybank Indonesia 39

6. Other Segments 42

Financial Results: 1Q FY2019 ended 31 March 2019

2

1Q FY2019

Net Profit of

RM1.81 billion

Maybank Group 1Q FY2019 OverviewNet operating income of RM5.86 billion supported by loans growth but offset by weaker net fee based income

• Net operating income grew marginally by 0.7% YoY as Group loans expanded 4.8%

across our home markets. However, net fee based income was slightly lower on

mark-to-market (MTM) losses in financial liabilities

• Contained overhead expenses growth resulted in stable pre-provisioning

operating profit of RM3.05 billion YoY

• Growth in net impairment losses was mainly for additional provisioning made for

existing impaired loans

1

• Healthy and stable liquidity risk indicators with Group LCR at 134.2%, Group LDR

at 92.4%, Group LTF at 85.4% and Group LTFE at 75.2% as of 31 March 2019

• Total capital and fully loaded CET1 capital ratios at 19.00%* and 14.55%*

respectively as at 31 Mar 2019

• Day 1 impact of MFRS 16 adoption was a reduction of between 5-6 bps to Group

capital ratios

Robust Liquidity

and Capital Strength

3

Note: *After proposed dividend and assumption of 85% reinvestment rate.

Balance Sheet

Management

2• Group loans growth of 4.8% YoY supported by growth of 3.7% in Malaysia, 3.4% in

Singapore, 11.3% in Indonesia and 4.7% from other markets such as Greater China

and IndoChina

• Group deposits growth of 4.8% YoY on continued focus on CASA growth as seen in

Malaysia and Singapore as well as strong FD growth in Indonesia as part of liquidity

management ahead of Indonesia’s general election

3

Table of Contents

Executive Summary 2

Results Overview 4


Appendix:








4

P&L Summary: 1Q FY2019YoY net fund based income growth supported by loans growth across home markets

Note:

* From consolidated Group numbers, Insurance and Takaful accounts for 7.0% of net fund based income and 11.8% of net fee based income

¹ Pre-provisioning operating profit (PPOP) is equivalent to operating profit before impairment losses

² Net Profit is equivalent to profit attributable to equity holders of the Bank

More

details

onRM million

1Q

FY2019

1Q

FY2018YoY

4Q

FY2018QoQ

s.21 Net fund based income * 4,306.9 4,237.9 1.6% 4,474.6 (3.7)%

s.7/21 Net fee based income * 1,553.2 1,578.6 (1.6)% 1,826.3 (15.0)%

s.19/20 Net operating income 5,860.1 5,816.5 0.7% 6,300.9 (7.0)%

s.8 Overhead expenses (2,807.6) (2,767.5) 1.4% (3,068.4) (8.5)%

s.20 Pre-provisioning operating profit (PPOP)1 3,052.5 3,048.9 0.1% 3,232.5 (5.6)%

Net impairment losses (637.3) (500.8) 27.3% (162.3) >100%

Operating profit 2,415.1 2,548.1 (5.2)% 3,070.1 (21.3)%

s.19 Profit before taxation and zakat (PBT) 2,450.4 2,556.7 (4.2)% 3,095.6 (20.8)%

Net Profit2 1,809.3 1,871.0 (3.3)% 2,326.4 (22.2)%

EPS - Basic (sen) 16.4 17.3 (5.2)% 21.1 (22.2)%

5

22.8 22.9

18.5 19.7

Mar 18 Mar 19

Community Financial Services Global Banking

96.0 101.1

30.0 39.1

Mar 18 Mar 19

125.4 128.8

141.6 131.4

69.4 83.7

Mar 18 Mar 19

+20.6%

13.5 14.3

30.3 32.4

Mar 18 Mar 19

CASA FD Others

+2.4%187.9 192.4

274.9 281.5

69.4 83.7

Mar 18 Mar 19

+20.6%

+30.5%

+5.3%+6.1%

205.7 218.3

83.2 81.2

Mar 18 Mar 19

(2.4)%

140.5

+6.8%

493.4 516.9

Mar 18 Mar 19

Net Fund Based Income: 1Q FY2019 YoY Trends (1/2)Balanced loans and deposits growth focused on targeted segments

288.9

41.2126.2

RM

billion

SG

D b

illion

IDR

tri

llio

n

Gross Loans (YoY)

+3.7% +3.4% +11.3% +4.8%

RM

billion

Group Malaysia Singapore Indonesia

42.6

299.5

+0.6%

Note:

• Industry loans growth for Malaysia is 4.9%, Singapore is 3.8% and Indonesia is 11.5%

• CASA ratio for Group and Malaysia includes investment accounts

• Refer to pages 23-25 for detailed information on loans and deposits growth by country and products.

47.9 40.7

73.2 88.1

Mar 18 Mar 19

+2.4%

+5.6%

RM

billion

RM

billion

SG

D b

illion

IDR

tri

llio

n

Group Deposits (YoY)

30.9% 30.6%37.3% 37.5%35.3% 34.5% 39.6% 31.6%CASA

Ratio:

(7.2)%

+2.7%+7.1%

+20.4%

(15.1)%

532.1 557.6336.4 343.9

43.8 46.7121.0 128.7

+2.2% +6.6% +6.4% +4.8%

6

2.39

2.27

2.30

2.38

2.30

1Q FY2018 2Q FY2018 3Q FY2018 4Q FY2018 1Q FY2019

Net Interest Margin (%)

QoQ Trend

Net Fund Based Income: 1Q FY2019 NIM (2/2)Quarterly NIM compression due to higher funding costs, mainly from Singapore and Indonesia

7

1,579 1,364

130 85

1,826

1,411

134 281

1,553

1,177

143 233

Total Other Operating Incomefrom Banking Operations

Fee Income from IslamicOperations

Net Fee Income fromInsurance

1Q FY2018

4Q FY2018

1Q FY2019

RM

million

Net Fee Based IncomeSlightly lower net fee based income mainly from MTM losses in financial liabilities

(13.7)% YoY +10.1% YoY >100% YoY (1.6)% YoY

RM million1Q

FY2019

4Q

FY2018QoQ

1Q

FY2018YoY

Commission, service charges and fees 773 782 (1.1)% 836 (7.5)%

Investment & Trading Income 206 (335) (>100)% 109 88.7%

Unrealised gain/ (losses) on financial

assets and investments565 (18) (>100)% (135) (>100)%

Derivatives and financial liabilities (156) 398 (>100)% 216 (>100)%

Foreign Exchange Profit 211 245 (13.6)% 131 61.2%

Other Income 78 89 (12.2)% 144 (45.4)%

Total Group’s Other Operating Income 1,678 1,161 44.5% 1,302 28.9%

Of which: Other Operating Income from Insurance 501 (251) (>100)% (62) (>100)%

(16.6)% QoQ +7.3% QoQ (17.0)% QoQ (15.0)% QoQ

Notes using Maybank’s 1Q FY2019 Financial Statements:

¹ Group’s ‘Other operating income’ [Note A24] less ‘Other operating income’ from Insurance [Note A38(a)]

² Summation of ‘Other Operating Income’ from Insurance and ‘Net earned insurance premiums’ under Note A38(a) with ‘Net insurance benefits and claims incurred, net fee and

commission expenses, change in expense liabilities and taxation of life and takaful fund’ under Note A25

1 2

8

Overheads: 1Q FY2019Mild YoY growth of 1.4% in overall expenses while quarterly expenses declined 8.5%

Note:

¹ Total cost excludes amortisation of intangible assets for Maybank Indonesia and Maybank Kim Eng

RM million1Q

FY2019

1Q

FY2018YoY

4Q

FY2018QoQ

Personnel Costs 1,686.9 1,590.6 6.1% 1,751.0 (3.7)%

Establishment Costs 441.4 457.2 (3.5)% 491.8 (10.3)%

Marketing Expenses 140.7 142.8 (1.5)% 143.2 (1.7)%

Administration & General Expenses 538.6 576.8 (6.6)% 682.4 (21.1)%

Total 2,807.6 2,767.5 1.4% 3,068.4 (8.5)%

Group Cost to Income¹ (%) 47.9% 47.5% 0.4% 48.7% (0.8)%

Group JAWS Position (0.7)% 1.5%

9

509.3582.1

418.5

81.3

604.0

1Q FY2018 2Q FY2018 3Q FY2018 4Q FY2018 1Q FY2019

Allowances for losses on loans

87.9% 80.7% 79.6% 83.6% 82.6%

99.6%93.6% 92.6% 93.6% 94.1%

Loan loss coverage incl. Regulatory Reserve

Loan loss coverage

Allowances for losses on loans

Asset QualityAnnualised net credit charge off of 47 bps on additional provisioning for existing impaired loans

Note:

Loan loss coverage includes ECL for loans at FVOCI as per Note A11(xii) of the Group’s Financial Statements

RM

million

GIL Ratio ComponentsMar

2019

Dec

2018

Sep

2018

Jun

2018

Mar

2018

Non Performing Loans

(NPL)1.72% 1.74% 1.90% 1.81% 1.87%

Restructured &

Rescheduled (R&R)0.15% 0.12% 0.16% 0.22% 0.26%

Performing Loans

Impaired Due to

Judgmental/ Obligatory

Triggers (IPL)

0.61% 0.55% 0.59% 0.61% 0.24%

GIL Ratio 2.48% 2.41% 2.65% 2.64% 2.37%

Group Gross Impaired Loans (GIL) Ratio Composition

2.22% 2.13% 2.11% 1.88% 1.86%

2.34% 3.68% 3.70% 3.43% 3.49%

4.21% 4.05% 4.13%3.72% 4.00%

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019

Malaysia Singapore Indonesia

GIL Ratio by Home Markets

10

Note:

• In Malaysia, industry GIL ratio for mortgage (purchase of residential property) is 1.1%, 1.0% for auto finance, and 0.9% for credit cards.

• In Singapore, industry GIL figure is only available for mortgage, which was 0.4% as at March 2019.

• In Indonesia, Business Banking includes Commercial, SME and Micro loans. Maybank Indonesia’s GIL ratios are mapped in accordance to its local regulatory reporting requirements and

does not include R&R.

12.30%11.40% 10.83%

9.88%10.51%

2.57% 2.61%

2.70% 2.64%

2.38%

2.60% 2.73%

2.58% 2.22%

2.98%


Malaysia Singapore Indonesia

Asset Quality by Line of BusinessGroup’s ongoing proactive asset quality management results in uptick of some business segments

Mortgage Auto Finance Credit Cards

Retail SME Business Banking Corporate Banking

Consumer

Business

0.83% 0.85% 0.90% 0.92% 0.93%

0.51% 0.46% 0.44% 0.44% 0.53%

2.30%2.59% 2.61% 2.63% 2.73%


0.69% 0.67%0.71% 0.65% 0.61%

0.24% 0.22%0.34% 0.34%

0.29%

1.08%

1.42% 1.36% 1.34% 1.33%


0.83% 0.88% 0.85%0.62% 0.63%

1.79%

1.83% 1.84% 1.86% 1.97%1.84%

1.78%1.53% 1.41%

1.30%


2.34% 2.26% 2.33%2.01% 1.79%

4.23%

7.66% 7.75%7.10% 7.26%

8.45%

7.05% 6.90% 6.59%5.55%


2.39% 2.51%

2.64%

2.09% 2.21%

2.18% 2.19% 2.15%

1.95%

2.10%

2.53%

2.86%

2.56% 2.51%

2.66%


11

High Rise Residential,

31.2%

Landed Residential,

16.3%Malls, 10.1%

Offices, 6.0%

Hotels, 6.1%

Others, 30.3%

Exposure to Oil & Gas and Real Estate Sectors: 31 March 2019Contained sectoral exposures within Group’s risk appetite, with close asset quality monitoring of these sectors

Group Exposure to Direct & Indirect Oil & Gas Borrowers Real Estate Exposure to Non-Retail Malaysian Borrowers

Borrowers’ Status:

Segmental Exposure:

Note:

Midstream refers to the transportation (i.e. pipeline, barge, oil tanker or truck),

storage and wholesale marketing services of crude or refined petroleum products.

Of GIL breakdown:

• 92% is from midstream

Maybank Group Malaysia Singapore Indonesia Others

3.05% 1.63% 1.09% 0.10% 0.23%

Note:

Funded-only exposure is 2.22% for GroupRM31.27 bil

(or 10.44% of Malaysia

Gross Loans)

Borrowers’ Status:

Note:

Funded-only exposure is 9.90%

‘Others’ include Land, Industrial Buildings & Factories and Other Residential

Of GIL breakdown:

• 45% is from combined exposure

to malls and hotels

• 16% is from high rise residential

Of Watchlist breakdown:

• 41% is from high rise residential

• 19% is from combined exposure

to malls, hotels and offices

26% 51% 23%

Upstream Midstream Downstream

66% 18% 1% 15%

Normal Watchlist Special Mention Account GIL

85% 10% 1%4%

Normal Watchlist Special Mention Account GIL

12

153.3% 144.9% 130.5% 132.4% 134.2%

LCR

92.5% 92.8%94.4%

92.7% 92.4%

85.7% 86.3%87.5%

86.2% 85.4%

75.3% 76.0%77.3%

76.1% 75.2%


LDR LTF LTFE

Borrowings, 5%

Capital Instruments, 2%

Customer Funding, 76%

FI Deposits, 6%

Equity, 11%

USD, 33%

RM, 28%

IDR, 10%

HKD, 10%

JPY, 7%

SGD, 4%

Others, 8%

Liquidity Management: 31 March 2019 Maintained strong and stable Group liquidity risk indicators

RM728.3

billion

RM49.2

billion

Funding Breakdown

Note:

• Customer Funding comprises Deposits from Customers & Investment Accounts of Customers.

By maturity:

≤ 1 Year 25%

> 1 Year 75%

Borrowings and

Capital Instruments

by Currency

Note: 1) BNM’s minimum LCR requirement is 100%

2) LTF is gross loans divided by (deposits + borrowings +

subdebt) while LTFE’s denominator is (deposits +

borrowings + subdebt + equity + capital securities)

3) LDR, LTF & LTFE excludes loans to banks and FIs

Liquidity Risk Indicators

13

13.76% 14.31% 13.42%

14.87% 15.45% 14.56%

18.27% 19.73% 18.85%

Dec 18 Mar 19 Mar 19

Total Capital Ratio Tier 1 Capital Ratio CET 1 Capital Ratio

15.03% 15.07% 14.55%

15.98% 16.03% 15.51%

19.02% 19.52% 19.00%

Dec 18 Mar 19 Mar 19


Group

Bank

Strong Capital Position: 31 March 2019Total capital ratio of 19.00% and CET1 capital ratio of 14.55% (assuming 85% dividend reinvestment rate)

Regulatory RequirementsJan 2019

Onwards

Minimum Common Equity Tier 1

Capital + Capital Conservation Buffer7.0%

Minimum Tier 1 Capital + Capital

Conservation Buffer8.5%

Minimum Total Capital + Capital

Conservation Buffer10.5%

Pending Finalisation of Other

Capital Buffers:

D-SIB Buffer Between 0.5% - 1.0%

Countercyclical Capital Buffer Between 0% - 2.5%

After proposed

dividend,

assuming 85%

reinvestment rate

Before proposed

dividend

14

Financial Statements Impact Arising from MFRS 16 Adoption effective 1 Jan 2019Day 1 impact analysis (Group-level)

Maybank Group Lease Rental Expenses on Income

Statement replaced by:

Finance cost on lease liabilities

Depreciation of ROU assets

Maybank Group Balance Sheet Recognition as of 1 Jan 2019:

Right-of-use (ROU) assets of RM1,608 million

Additional lease liabilities and provision for restoration

costs and derecognition of accrued rental expenses of

RM1,276 million

However, short-term and low value leases are exempted

from the treatment above

MFRS 16 replaces accounting standard MFRS 117, eliminating the distinction between operating and finance leases for all lessees.

Under MFRS 16, a lessee represents on its balance sheet its obligation to make rental payment to the asset owner under liability

while its right to control the use of another’s asset to generate income is recognised under asset.

374,606375,855

31 Dec 2018 1 Jan 2019

Group Risk Weighted Assets (RM’000)

Risk weighted assets

15.03% 14.98%

15.98% 15.93%

19.02% 18.96%

31 Dec 2018 1 Jan 2019

Group Capital Ratios


Impact of MFRS 16 on Capital Ratios due to increased Risk Weighted Assets

15

Table of Contents

Executive Summary 2

Results Overview 4


Appendix:








16

Key Indicators Industry Outlook

Indonesia

• GDP: 1.6% (2019F) vs 3.1% (2018)

• System loan: 4.3% (2019F) vs 5.3% (2018)

• 3M SIBOR: 2.00% (2019F) vs 1.89% (2018)

• USD/SGD average: 1.36 (2019F) vs 1.36 (2018)

• Inflation: 1.2% (2019F) vs 0.4% (2018)

• GDP: 5.1% (2019F) vs 5.2% (2018)

• System loan: 10.5% (2019F) vs 11.8% (2018)

• Reference Rate: 6.00% (2019F) vs 6.00% (2018)

• USD/IDR average: 14,301 (2019F) vs 14,267 (2018)

• Inflation average: 3.3% (2019F) vs 3.2% (2018)

Singapore

Market OutlookFY2019 Industry outlook for our home markets

• GDP: 4.7% (2019F) vs 4.7% (2018)

• System loan: 5.1% (2019F) vs 5.6% (2018)

• OPR: 3.00% (2019F) vs 3.25% (2018)

• USD/MYR average: 4.10 (2019F) vs 4.04 (2018)

• Inflation: 1.5% (2019F) vs 1.0% (2018)Malaysia

• Economic growth to be supported by

consumption boosted by a minimum wage

increase and stable inflation rate

• Loan growth to be supported by consumption

and working capital needs while liquidity

conditions could gradually ease with foreign

inflows

• Economic growth could be affected by

reduced pace of expansion in China and EU,

and effects from the US-China trade war

• Potentially slower loans growth arising from

cautious business sentiment

• Stable economic growth driven by growth in

mining and agriculture sectors, private

investments and positive net external demand

• Potential deposit competition could place

pressure on net interest margins (NIMs)

17

Driving positive JAWs across business segments

Managed Group cost growth with CIR ~47%

Continued emphasis on employee up-skilling for digital economy

Maybank Performance OutlookGroup guidance for FY2019

Expand revenue streams through cross business collaborations

Measured balance sheet expansion in line with economic growth of home markets and Group’s conservative

risk posture

Group ROE guidance of ~11.0%

Income Growth

Disciplined asset quality management and maintain ongoing recovery efforts

Maintain stable liquidity risk indicators ahead of NSFR adoption in 2020

Maintain robust capital positions, while rewarding shareholders with strong effective cash dividend payout

Conservative investment spend focused on improving customer experience with rollout of product/services

Enhancing data driven analytics

Digitalisation

Liquidity and Capital Management

Asset Quality Management

Better Productivity

1

2

3

4

5

18

Table of Contents

Executive Summary 2

Results Overview 4


Appendix:








19

76.0%

7.2%

16.8%

Malaysia Singapore Indonesia Others

Overseas:

24.0%

63.0%18.0%

11.9%

7.1%

58.4%25.7%

7.8%8.1%

63.4%

20.3%

5.5%

10.8%

61.2%19.5%

12.0%

7.3%

59.2%25.4%

7.2%8.2%

International & Malaysia Portfolio Mix 1Q FY2019

Overseas:

40.8%

1Q FY2018

Net Operating Income Profit Before Tax¹

1Q FY2019

Overseas:

38.8%

Overseas:

36.6%

Gross loans*

(Jan 18 – Mar 18)

Overseas:

41.6%

Overseas:

37.0%

(Jan 19 – Mar 19)

RM2.56

billion

RM493.4

billion

RM5.82

billion

RM2.45

billionRM516.9

billionRM5.86

billion

Note:

* Including Islamic loans sold to Cagamas and excludes unwinding of interest

¹ Profit Before Tax country percentages for 1Q FY2019 excludes Singapore which registered a loss before tax

20

3,049

1,549 1,371

149 (20)

104

3,052

1,550 1,527

(3) 18 256

Total Group CommunityFinancial Services

Group CorporateBanking & Global

Markets

Group InvestmentBanking

Group AssetManagement

Group Insurance &Takaful

1Q FY2018

1Q FY2019

5,816

3,322

1,878

416 4 301

5,860

3,375

1,974

260 69 478



Markets




1Q FY2018

1Q FY2019

Segmental Performance of Businesses: 1Q FY2019 (1/2)

Net Operating Income

+0.7%

RM

million

PPOP

+1.6% (37.5)% +5.1%

+0.1%

+>100%

Group Global Banking +2.9%


1Q FY2018: 2,298 1Q FY2019: 2,302

1Q FY2018: 1,500 1Q FY2019: 1,543

Note:

Net income & PPOP for Group includes “Head Office & Others” expenditure of RM104.1 million for 1Q FY2018 and RM296.1 million for 1Q FY2019.

RM

million

+11.4% +0.1% (>100)% (>100%) +>100%

+58.9%

21

1,579

780 651

312

2 23

1,553

795 714

195 65

166



Markets




1Q FY2018

1Q FY2019

4,238

2,541

1,227

104 2 278

4,307

2,581

1,260

65 4 312



Markets




1Q FY2018

1Q FY2019

Net Fund Based Income

Group Global Banking (0.3)%

Net Fee Based Income

(37.3)% +67.9 +1.5% +2.7 +12.3%

1Q FY2018: 1,333 1Q FY2019: 1,329


1Q FY2018: 965 1Q FY2019: 973

Segmental Performance of Businesses: 1Q FY2019 (2/2)

Note:

Net fund based income includes “Head Office & Others” income of RM84.9 million for 1Q FY2018 and RM84.7 million for 1Q FY2019.

Net fee based income includes “Head Office & Others” expenditure of RM189.0 million for 1Q FY2018 and RM380.7 million for 1Q FY2019.

+9.6% +1.9%

RM

million

RM

million

(1.6)%

+1.6%

(37.5)% +>100% +>100%

22

Unaudited Income Statement for Insurance and Takaful Business

RM million 1Q FY2019 1Q FY2018 YoY 4Q FY2018 QoQ

Net interest income 312.3 278.2 12.3% 309.2 1.0%

Net earned premiums 1,626.5 1,511.4 7.6% 1,502.2 8.3%

Other operating income 501.4 (62.1) (>100)% (250.5) (>100)%

Total operating income 2,440.2 1,727.5 41.3% 1,560.8 56.3%

Net insurance benefits & claims incurred, net fee &

commission expenses, change in expense liabilities and life &

takaful fund tax

(1,965.7) (1,428.3) 37.6% (1,030.8) 90.7%

Net operating income 474.5 299.2 58.6% 530.0 (10.5)%

Overhead expenses (219.7) (195.3) 12.5% (169.7) 29.5%

PPOP 254.8 104.0 >100% 360.3 (29.3)%

Net impairment losses (9.5) 4.6 (>100)% 1.1 (>100)%

Operating profit 245.3 108.6 >100% 361.4 (32.1)%

RM million 1Q FY2019 1Q FY2018 YoY 4Q FY2018 QoQ

Net insurance benefits & claims incurred, net fee &

commission expenses, change in expense liabilities and life &

takaful fund tax

(1,965.7) (1,428.3) 37.6% (1,030.8) 90.7%

Less: intercompany elimination 71.2 63.8 11.5% 60.5 17.7%

Total net insurance benefits & claims incurred, net fee &

commission expenses, change in expense liabilities and life

& takaful fund tax

(1,894.5) (1,364.4) 38.9% (970.3) 95.2%

Reconciliation of net insurance benefits & claims incurred, net fee & commission expenses, change in expense liabilities

and life & takaful fund tax

23

Group Gross Loans Growth: 31 March 2019

Note:

¹ Rebased loan growth figures are based on adjusted 31 December 2018 position in line with migration of client accounts, effective 1 January 2019

% of

Portfolio

31 Mar

2019

31 Dec

2018QoQ

YTD

Annualised

31 Mar

2018YoY

Group Gross Loans 516.9 517.3 (0.1)% (0.3)% 493.4 4.8%

Malaysia (RM billion) 58% 299.5 299.2 0.1% 0.4% 288.9 3.7%

Community Financial Services (reported) 73% 218.3 216.0 1.1% 4.4% 205.7 6.1%

Community Financial Services (rebased)¹ 73% 218.3 215.9 1.1% 4.5% 205.7 6.1%

Global Banking (reported) 27% 81.2 83.3 (2.5)% (10.0)% 83.2 (2.4)%

Global Banking (rebased)¹ 27% 81.2 83.4 (2.6)% (10.4)% 83.2 (2.4)%

International (RM billion) 41% 211.0 211.8 (0.4)% (1.5)% 197.2 7.0%

Singapore (SGD billion) 61% 42.6 42.4 0.6% 2.5% 41.2 3.4%

Community Financial Services 54% 22.9 22.6 1.2% 4.6% 22.8 0.6%

Global Banking 46% 19.7 19.7 (0.0)% (0.1)% 18.5 6.8%

Indonesia (IDR trillion) 19% 140.5 138.3 1.6% 6.3% 126.2 11.3%

Community Financial Services 72% 101.1 103.3 (2.2)% (8.6)% 96.0 5.3%

Global Banking 28% 39.1 34.7 12.7% 50.7% 30.0 30.5%

Other markets (RM billion) 20% 42.2 43.8 (3.6)% (14.3)% 40.3 4.7%

Investment banking (RM billion) 1% 6.3 6.3 0.9% 3.6% 7.3 (13.7)%

24

Malaysia Loans Growth: 31 March 2019

RM billion% of

Portfolio

31 Mar

2019

31 Dec

2018QoQ

YTD

Annualised

31 Mar

2018YoY

Community Financial Services (reported) 73% 218.3 216.0 1.1% 4.4% 205.7 6.1%

Community Financial Services (rebased)¹ 73% 218.3 215.9 1.1% 4.5% 205.7 6.1%

Consumer 59% 176.8 174.4 1.4% 5.5% 165.8 6.6%

Total Mortgage 30% 89.5 87.5 2.3% 9.2% 82.4 8.6%

Auto Finance 16% 48.3 47.9 0.9% 3.5% 46.2 4.5%

Credit Cards 2% 7.3 7.6 (2.9)% (11.4)% 7.1 3.3%

Unit Trust 10% 29.3 29.0 1.1% 4.5% 27.6 6.3%

Other Retail Loans 1% 2.4 2.5 (6.0)% (24.0)% 2.6 (6.6)%

Business Banking + SME (reported) 14% 41.5 41.5 (0.1)% (0.3)% 39.9 4.1%

Business Banking + SME (rebased)¹ 14% 41.5 41.5 0.1% 0.4% 39.9 4.1%

SME (reported) 6% 17.2 17.1 0.7% 3.0% 15.4 12.2%

SME (rebased)¹ 6% 17.2 16.8 2.8% 11.1% 15.4 12.2%

Business Banking (reported) 8% 24.3 24.4 (0.7)% (2.7)% 24.5 (1.0)%

Business Banking (rebased)¹ 8% 24.3 24.7 (1.7)% (6.8)% 24.5 (1.0)%

Global Banking (Corporate) (reported) 27% 81.2 83.3 (2.5)% (10.0)% 83.2 (2.4)%

Global Banking (Corporate) (rebased)¹ 27% 81.2 83.4 (2.6)% (10.4)% 83.2 (2.4)%

Total Malaysia 299.5 299.2 0.1% 0.4% 288.9 3.7%

Note:

¹ Rebased loan growth figures are based on adjusted 31 December 2018 position in line with migration of client accounts, effective 1 January 2019

25

Group Deposits Growth: 31 March 2019

% of

Portfolio

31 Mar

2019

31 Dec

2018QoQ

YTD

Annualised

31 Mar

2018YoY

Group Gross Deposits 557.6 556.3 0.2% 0.9% 532.1 4.8%

Malaysia (RM billion) 62% 343.9 343.8 0.0% 0.1% 336.4 2.2%

Savings Deposits 13% 43.9 42.8 2.6% 10.6% 42.5 3.4%

Current Accounts 25% 84.9 90.3 (6.0)% (24.1)% 82.9 2.4%

Fixed Deposits 38% 131.4 125.8 4.4% 17.8% 141.6 (7.2%)

Others 24% 83.7 84.8 (1.4)% (5.6)% 69.4 20.6%

International 38% 215.2 214.1 0.5% 1.9% 197.5 9.0%

Singapore (SGD billion) 65% 46.7 46.2 1.2% 4.8% 43.8 6.6%

Savings Deposits 15% 7.0 7.0 (1.2)% (4.8)% 6.1 13.4%

Current Accounts 16% 7.3 7.6 (3.6)% (14.6)% 7.4 (0.9)%

Fixed Deposits 69% 32.4 31.5 2.9% 11.7% 30.3 7.1%

Indonesia (IDR trillion) 17% 128.7 117.0 10.0% 40.1% 121.0 6.4%

Savings Deposits 15% 18.6 19.9 (6.6)% (26.5)% 24.0 (22.6)%

Current Accounts 17% 22.1 24.4 (9.7)% (38.8)% 23.9 (7.6)%

Fixed Deposits 68% 88.1 72.7 21.2% 84.9% 73.2 20.4%

26

313.2 315.3 314.7

16.7 17.5 17.9

40.6 41.8 41.8

Mar 18 Dec 18 Mar 19

Operational RWA

Market RWA

Credit RWA

+2.6%

+0.0%

(0.2)%

493.4

517.3 516.9


(0.1)% QoQ

Continued RWA Optimisation

Group Gross Loans

RM

billion

Total Group RWA

RM

billion

0.0% QoQ

374.6 374.5

+4.8% YoY

370.5

1.1% YoY

27

92.5% 92.8% 94.4% 92.7% 92.4%

35.3% 35.1% 35.1% 35.9%34.5%

33.5% 33.2% 33.2% 33.6%32.4%


LDR CASA CASA (without IA)

87.0% 87.8% 89.5% 87.9% 88.0%

37.3% 37.3% 37.9% 38.7% 37.5%

34.5% 34.3% 34.9% 34.9% 34.0%


LDR and CASA Ratio

Singapore Indonesia

Group Malaysia

101.1%111.8%

119.2% 113.8%105.4%

39.6% 41.8% 41.3% 37.9%31.6%

85.6%94.0% 100.6% 96.5% 90.1%


LDR (Bank Level)

94.1%89.2% 93.2% 91.8% 91.2%

30.9% 29.8% 30.1% 31.7% 30.6%


Note:

• Group and Indonesia LDR excludes loans to banks and FIs

• Group and Malaysia LDRs include investment accounts totaling RM22.80 billion for 31 Mar 2019, RM23.57 billion for 31 Dec 2018, RM18.77 billion for 30 Sep 2018, RM19.18 billion for

30 June 2018 and RM21.84 billion for 31 Mar 2018.

28

Key Operating Ratios

Note:1 LDR excludes loans to banks and FIs.2 Total cost excludes amortisation of intangibles for Maybank Indonesia and Maybank Kim Eng.3 The capital ratios are adjusted based on the assumption of 85% reinvestment rate under the DRP for the period. CET1 ratio for 1Q FY2018 onwards is computed based on fully loaded

basis with effect from 1 Jan 2018. Capital ratios for 1Q FY2018 are after final cash dividend.

% 1Q FY2019 1Q FY2018 YoY 4Q FY2018 QoQ

Return on Equity 9.7 10.5 (0.8)% 13.0 (3.3)%

Net Interest Margin 2.30 2.39 (9) bps 2.38 (8) bps

Fee to Income Ratio 26.5 27.1 (0.6)% 29.0 (2.5)%

Loans-to-Deposit Ratio 1 92.4 92.5 (0.1)% 92.7 (0.3)%

Cost to Income Ratio 2 47.9 47.5 0.4% 48.7 (0.8)%

Asset Quality

Gross Impaired Loans Ratio 2.48 2.37 11 bps 2.41 7 bps

Loans Loss Coverage 82.6 87.9 (5.3)% 83.6 (1.0)%

Net Charge off rate (bps) (47) (41) (6) bps (7) (40) bps

Capital Adequacy ³

CET1 Capital Ratio 14.55 13.37 118 bps 14.51 4 bps

Total Capital Ratio 19.00 18.12 88 bps 18.51 49 bps

29

Table of Contents

Executive Summary 2

Results Overview 4


Appendix:








30

Community Financial Services: Overview of Market Share for Malaysia

Note:

* Refers to housing, shophouse and other mortgage loans

** Credit cards market share refer to receivables for commercial banks

*** Total bank deposits inclusive of investment asset (“IA”)

^ Without IA. With IA, the market share as at Mar’19 for Total Core Retail Deposits, Retail

CASA, Retail Savings, Demand Deposits and Retail Fixed Deposits are 17.8%, 26.1%,

28.5%, 22.0% and 14.5% respectively (against MBB retail IA).

^^ Excluding non-financial transactions as per BNM guidelines

^^^ Industry numbers as at Dec’18

Loans

Total consumer (Household) 17.6% 17.6% 17.7% 17.7% 17.8% 2

Auto (Purchase of transport vehicles) 26.7% 27.1% 27.3% 27.7% 28.0% 2

Total mortgage * 13.3% 13.3% 13.4% 13.5% 13.6% 2

Credit cards ** 19.0% 19.0% 19.1% 19.2% 19.1% 1

Unit trust 50.9% 50.4% 50.1% 49.6% 49.5% 1

Deposits

Total deposits *** 18.8% 18.6% 18.3% 18.4% 18.2% 1

Total core retail deposits ^ 17.8% 17.9% 17.8% 17.2% 16.9% 2

Retail CASA ^ 24.9% 25.0% 24.9% 25.0% 25.1% 1

Retail savings ^ 28.5% 28.6% 28.2% 28.5% 28.4% 1

Demand deposits ^ 18.9% 19.0% 19.1% 18.9% 19.0% 1

Retail fixed deposits ^ 14.2% 14.4% 14.4% 13.5% 13.0% 2

Channels

Internet banking - Subscriber base 41.8% 41.0% 40.2% 39.7% 39.6% 1

Mobile banking - Subscriber base 31.3% 31.4% 30.9% 30.7% 31.3% 1

Internet banking - Transaction Volume ^^ 53.8% 53.8% 53.3% 52.8% 50.7% 1

Mobile banking - Transaction Volume 70.4% 65.9% 65.4% 66.7% 62.9% 1

Branch network ^^^ 18.6% 18.6% 19.0% 19.2% 19.2% 1

Dec-18

vs

Mar-19

Market

positionMar-18 Jun-18 Sep-18 Dec-18 Mar-19Market share

31

Mar 18 Dec 18 Mar 19 Mar 18 Mar 19 Mar 18 Mar 19

139.4 137.1 138.4

66.9 63.5 59.0


Consumer BB + SME

Community Financial Services: Overview of Malaysia Portfolio

Note:

• TFA: Total Financial Assets (Deposits, Investments, Financing & Protection).

• TFA for Individual customers amounted to RM316.4 billion as at Mar’19, RM313.7

billion as at Dec’18 and RM305.6 billion in Mar’18.

Wealth Management segment’s TFA grew 3.8% YoY to

RM207.1 billion

Total CFS loans on an upward trend of 6.1% YoY and 1.1%

QoQR

M b

illion

(1.6)% QoQ

Total CFS deposits decreased by 4.3% YoY, due to reduction

in high cost deposits, mitigated by CASA growth of 1.5%

(4.3)% YoY

+15% YoY

Maybank2u 1-month active users grew 15% YoY driven by

growth in mobile users

165.8 174.4 176.8

39.9 41.5 41.5


Consumer BB + SME

+1.1% QoQ

+6.1% YoY

+3.8% YoY

+0.9% QoQ

+46% YoY

Maybank2u 1-month active users

of which Mobile 1-month

active users4.8

RM

billion

RM

billion

In m

illion

5.5

2.13.1

205.7 216.0

199.5

206.2 200.6218.3197.4

205.3 207.1

32

Table of Contents

Executive Summary 2

Results Overview 4


Appendix:








33

11.3

30.4

41.5

11.3

26.9

45.1

11.1

25.5

44.6


RM billion

Note:

- ‘Term Loan’ includes foreign currency denominated accounts, while ‘Trade Finance

and Others’ is combined with ‘Overdraft’

- Trade Finance market share as at Mar’19 is 22.1%

Term Loan

Global Banking: Overview of Malaysia Corporate Banking and Group Securities Portfolio

Group Securities Portfolio¹ grew 20.6% YoYTotal Corporate Banking loans in Malaysia decreased 2.4%

YoY to RM81.2 billion

Short Term

Revolving

Credit

Trade

Finance

and Others (1.6)% YoY

+7.3% YoY

(16.0)% YoY

39.3 45.7 49.6 51.5 51.9

30.733.9

41.0 40.6 45.8

51.454.2

55.8 56.658.1

22.8

29.425.7 22.7

24.0

10.4

9.16.9 6.6

6.6


Govt. Securities - Domestic Govt. Securities - Foreign

PDS/Corp Bonds - Domestic PDS/Corp Bonds - Foreign

Others

+20.6%

172.3

154.6

Note: ¹ Group Securities Portfolio is inclusive of Financial assets designated upon

initial recognition (part of FVTPL)

179.0 178.0

RM

billion

186.5

34

Malaysia43%

Singapore25%

Thailand17%

Indonesia4%

Philippines4%

Hong Kong3%

Others4%

1Q FY2019 Brokerage Market Share by Country

Global Banking: Overview of Group Investment Banking Portfolio

1Q FY2019 Fee-based Income for Malaysia

Brokerage Fees41.6%

Arranger Fees28.0%

Underwriting & Placement Fees

9.8%

Advisory Fees8.1%

Agency/ Guarantee Fees

3.8%

Other Fee Income8.7%

1Q FY2019 Total Income Breakdown by Country

RM260.0

million

Country Rank Market ShareTrading Value

(USD billion)

Thailand 3 6.19% 9.11

Malaysia 5 7.81% 5.42

Philippines 7 5.27% 0.96

Indonesia 17 2.05% 1.66

Hong Kong Tier 3 0.14% 2.18

Singapore 15 3.92% 3.51

Vietnam >10 2.66% 0.64

Note:

¹ Maybank Kim Eng represents the combined business of Maybank IB and business segments under Maybank Kim Eng Holdings.

35

Table of Contents

Executive Summary 2

Results Overview 4


Appendix:








36

Maybank Singapore: P&L Summary

SGD million 1Q FY2019 1Q FY2018 YoY 4Q FY2018 QoQ

Net fund based income 192.88 186.16 3.6% 197.27 (2.2)%

Net fee based income 83.04 104.64 (20.6)% 68.04 22.0%

Net income 275.92 290.80 (5.1)% 265.31 4.0%

Overhead expenses (112.63) (104.76) 7.5% (116.75) (3.5)%

Operating profit 163.29 186.04 (12.2)% 148.56 9.9%

(Loss)/ Profit before taxation (79.70) 162.80 (>100)% 132.02 (>100)%

Net fund based income grew 3.6% YoY as loans expanded 3.4%. However, quarterly net fund based income was lower arising

from NIM compression.

Fee-based income reduced 20.6% YoY with the absence of the one-off gain made last year through a property disposal.

Overhead expenses rose 7.5% arising from higher personnel and depreciation costs, partly mitigated by lower information

technology spend.

1Q FY2019 incurred a loss before taxation of SGD79.7 million on the back of higher loan loss allowances for several existing

impaired loans.

37

6.6 6.9 6.6

14.5 15.5 15.8

6.9 7.8 7.7

15.8 15.9 16.6


Consumer -Time Deposits

Consumer CASA

Business TimeDeposits

Business CASA

46.7

6.1 7.0 7.0

7.4 7.6 7.3

30.3 31.5 32.4


Time Deposits

Demand Deposits

Savings

Maybank Singapore loans rose 3.4% YoY, in line with

industry growth

Diversified Loan Portfolio

5.5% 8.9% 7.1%4.5%

3.4%

8.9% 9.9% 7.8% 5.3% 3.8%


Maybank Singapore Growth Industry Growth

Maybank Singapore: Overview of Loans and Deposits Portfolio

% YoY change

Consumer

52 %

Corporate

48 %SG

D b

illion

Consumer deposits’ composition rose to 52% of total deposits

CASA Ratio:

30.6%SG

D b

illion

Lower CASA ratio of 30.6% in Mar’19 given increase in

fixed deposits

Deposits improved slightly from last quarter and was a 6.6% YoY

increase, contributed mainly by fixed deposits expansion

43.8

+6.6% YoY

46.2

SGD Billion% of

Portfolio

31 Mar

2019

31 Dec

2018QoQ

31 Mar

2018YoY

CFS 54% 22.9 22.6 1.2% 22.8 0.6%

Consumer 39% 16.5 16.4 1.0% 16.7 (0.9)%

Housing Loan 26% 10.9 10.9 0.8% 10.9 0.2%

Auto Loan 6% 2.5 2.4 3.0% 2.2 12.9%

Cards 1% 0.4 0.4 (4.0)% 0.4 (1.9)%

Others 6% 2.7 2.7 0.6% 3.1 (14.0)%

Non-Individuals 15% 6.3 6.2 1.5% 6.0 4.4%

RSME 3% 1.4 1.4 2.4% 1.2 17.0%

Business Banking 8% 3.4 3.4 1.0% 3.4 1.9%

Others 4% 1.5 1.4 1.9% 1.5 (0.2)%

Global Banking 46% 19.7 19.7 (0.0)% 18.5 6.8%

Total 42.6 42.4 0.6% 41.2 3.4%

38

Table of Contents

Executive Summary 2

Results Overview 4


Appendix:








39

IDR billion 1Q

FY2019

1Q

FY2018YoY

4Q

FY2018QoQ

Net Fund Based income 2,037 1,890 7.7% 2,060 (1.1)%

Net Fee Based income 515 528 (2.4)% 756 (31.9)%

Net income 2,552 2,418 5.5% 2,816 (9.4)%

Overhead expenses (1,585) (1,508) 5.1% (1,541) 2.9%

Personnel (633) (648) (2.2)% (554) 14.3%

General and Administrative (952) (861) 10.6% (987) (3.6)%

Operating profit 966 910 6.2% 1,275 (24.2)%

Provisions Expenses (401) (263) 52.2% (311) 28.7%

Non Operating (Expense)/Income 5 (7) >100% 5 (3.2)%

Profit Before Tax and Non-Controlling Interest 571 640 (10.8)% 969 (41.0)%

Tax and Non-Controlling Interest (156) (177) (11.7)% (271) (42.4)%

Profit After Tax and Non-Controlling Interest 415 463 (10.4)% 697 (40.5)%

EPS - Basic (IDR) 5.00 6.84 (26.9)% 9.26 (46.0)%

Maybank Indonesia: P&L Summary

40

IDR Trillion% of

Portfolio

31 Mar

2019

31 Dec

2018QoQ

31 Mar

2018YoY

CFS 74% 100.0 102.3 (2.3)% 94.9 5.4%

CFS Retail 32% 43.5 44.0 (1.2)% 42.8 1.6%

Auto Loan 18% 24.4 24.9 (2.0)% 23.8 2.2%

Mortgage 11% 15.6 15.7 (0.3)% 15.6 0.0%

CC + Personal

Loan2% 3.1 3.1 0.0% 2.9 5.2%

Other loans 1% 0.4 0.4 1.4% 0.4 0.7%

CFS Non-Retail 42% 56.5 58.3 (3.1)% 52.1 8.5%

Business Banking 24% 32.1 34.0 (5.4)% 29.9 7.6%

RSME 18% 24.3 24.3 0.0% 22.2 9.6%

Global Banking 26% 35.9 31.0 15.6% 27.6 29.8%

Total 135.8 133.3 1.9% 122.5 10.9%

Key Operating Ratio Mar 19 Dec 18 Mar 18 YoY

Profitability & Efficiency

Return On Assets 1.21% 1.74% 1.46% (0.24)%

Return On Equity (Tier 1) 7.19% 10.21% 9.60% (2.41)%

Net Interest Margin 4.81% 5.24% 4.83% (0.02)%

Cost to Income Ratio 62.13% 58.10% 62.38% (0.25)%

Asset Quality

NPL - Gross 2.89% 2.59% 3.02% (0.12)%

Liquidity & Capital Adequacy

LCR^ 146.01% 124.94% 161.33% (15.32)%

CET 1 16.66%* 16.85% 14.93% 1.73%

CAR 18.73%* 19.04% 17.63% 1.11%

Maybank Indonesia: Financial Ratios and Loans Portfolio Breakdown

Key Operating Ratios Loans Portfolio Breakdown

Note: Maybank Indonesia’s loans breakdown is mapped in accordance to its local

regulatory reporting requirements.

^ LCR is disclosed on a quarter-end basis

* After approval of cash dividends

41

Table of Contents

Executive Summary 2

Results Overview 4


Appendix:








42

Maybank Islamic, 59.7%

Maybank Conventional,

Malaysia, 40.3%

Year Contribution

Mar 2018 57.7%

Jun 2018 58.5%

Sep 2018 58.3%

Dec 2018 58.7%

Mar 2019 59.7%

Islamic Banking: Performance Overview

Group Islamic Banking Financial Performance Maybank Islamic: Total Gross Financing grew to RM180.0

billion

Maybank Islamic Contribution to Maybank Malaysia Loans

and Financing as at March 2019

Note: Figures are as per latest segmentation breakdown

Group Islamic Banking’s performance includes key markets in Malaysia, Indonesia and

Singapore

RM million 1Q FY2019 1Q FY2018 YoY

Total Income 1,331.0 1,217.5 9.3%

Profit Before Tax 896.6 455.3 96.9%

Financing & Advances 192,966.6 178,685.7 8.0%

Deposits & Investment Account: 183,048.3 173,484.3 5.5%

Deposits from Customers 160,248.0 151,642.4 5.7%

Investment Account 22,800.3 21,841.9 4.4%

RM

billion

5%

CFS:9% GB:3%

12%

12%

12%

(10%)

Maybank Islamic: Key Financial Ratios

Key Financial Ratios 1Q FY2019 1Q FY2018

Total Capital Ratio (TCR) 20.70% 18.89%

Net Profit Margin (YTD) 1.87% 1.88%

Cost to Income Ratio (CIR) 37.06% 34.25%

Direct FDR1 95.3% 90.3%

Note:

¹ Direct Financing to Deposits Ratio (FDR) comprising gross financing against deposit

and Unrestricted Investment Account (exc. RPSIA assets and liabilities)

32.5

43.8

36.4

6.1

25.1 23.8

34.0

48.9

40.0

6.8

29.0

21.3

AITAB Mortgage Term Financing Others (CFS) Term Financing Others (GB)

Mar-18

Mar-19

15%

43

Key Products Mar 19 Mar 18

Automobile Financing 46.4% 45.0%

Home 27.0% 27.5%

Term financing 31.7% 31.3%

Maybank Islamic ranks No.1 by Asset Market Share

in Malaysia

Islamic Banking: Market Share

Market Share by Product (Malaysia) Maybank Islamic Market Share

33.6%33.2%

32.6% 32.7% 32.8%

31.2%

30.4% 30.4%29.9%

29.3%


Financing Deposits & Investment Accounts

MalaysiaAsset Market Share

Dec 18Rank

Maybank Islamic 31% 1

CIMB Islamic 13% 2

Public Islamic 9% 3

Source for industry numbers: Latest BNM Monthly Statistical Bulletin

Sukuk League Table Ranking March 2019

Source for industry numbers: Latest BNM Monthly Statistical Bulletin

Source: Bloomberg

Source: Latest BNM monthly statistical bulletin & respective Bank’s Financial

Statements

Global Sukuk League

Table Ranking

Market

Share (%)

Amount

(USD million)Issues

#1 Maybank 17.5% 2,924 50

MYR Sukuk League

Table Ranking

Market

Share (%)

Amount

(USD million)Issues

#1 Maybank 45.1% 2,375 37

44

8.0%8.1% 8.0% 7.6%

11.0% 10.4% 10.6% 10.2%

12.9% 12.6% 11.6% 12.3%

2015 2016 2017 2018

Etiqa Allianz HL-MSIG AmGeneral0 500 1,000 1,500 2,000 2,500

Total Life/Family…

Total General

Misc

Personal Accident

MAT

Motor

Fire

Total Life/Family

Group Premium

Credit Premium

Regular Premium

Single Premium

1Q FY2019

1Q FY2018

0.7%

RM Million

Total Life/Family &

General

43.1

126.455.5

72.1

22.1

75.9

1Q FY2018 1Q FY2019

Life/Family General Shareholder's Fund

35.4 37.6

Mar 18 Mar 19

Insurance and Takaful: Performance Overview

Total Assets

Gross Premium

Profit Before Tax

Life / Family (New Business) Market Share

No. 1 in General

Insurance and

Takaful

General Insurance and Takaful Market Share

+>100% YoY +6.3% YoY

Note: Market Share is for period Jan – Dec of every year (Source: LIAM / ISM Statistics)

120.8

RM

million

RM

billion

274.4

(46.5)%

5.8%

20.0%

35.3%

4.1%

(4.1)%

Note: Gross Premium, Profit Before Tax and Total Assets are presented at EIH Group level

2.2%

(44.8)%

33.1%

(6.8)%

(12.5)%

No. 4 in

Life/Family

(New Business)

9.0% 7.6% 9.9% 11.2%

14.1% 14.1% 13.1% 13.5%

15.4% 15.2% 14.4% 14.2%

19.9% 21.6% 21.5% 20.3%

2015 2016 2017 2018

AIA Prudential GE Etiqa

45

MALAYAN BANKING BERHAD

14th Floor, Menara Maybank

100, Jalan Tun Perak

50050 Kuala Lumpur, Malaysia

Tel : (6)03-2070 8833

www.maybank.com

Disclaimer. This presentation has been prepared by Malayan Banking Berhad (the “Company”) for information purposes only and does not purport to contain all the

information that may be required to evaluate the Company or its financial position. No representation or warranty, express or implied, is given by or on behalf of the

Company as to the accuracy or completeness of the information or opinions contained in this presentation.

The presentation does not constitute or form part of an offer, solicitation or invitation of any offer, to buy or subscribe for any securities, nor should it or any part of

it form the basis of, or be relied in any connection with, any contract, investment decision or commitment whatsoever.

The Company does not accept any liability whatsoever for any loss howsoever arising from any use of this presentation or their contents or otherwise arising in

connection therewith.

Humanising Financial Services

Documents

Investor Presentation...Investor Presentation Financial Results First Quarter FY2019 ended 31 March 2019 30 May 2019. 1 Table of Contents Executive Summary 2 Results Overview 4 Prospects