Malayan Banking Bhd. · MYX:MAYBANK
Malayan Banking Bhd — Maybank — Non-Deal Roadshow (September 2026)
50 slides from Malayan Banking Bhd's roadshow presentation, Sep 22, 2026
Slide 1: Investor Presentation
Disclaimer: The contents of this document/information remain the intellectual property of Maybank and no part of this is to be reproduced or transmitted in any form or by any means, including electronically, photocopying, recording or in any information storage and retrieval system without the permi
Slide 2: Table of Contents
Table of Contents Executive Summary 3 – 15 1H FY2026 Financial Performance 17-27 Appendix 29-49 2
Slide 3: Maybank At A Glance
Maybank At A Glance OUR BUSINESSES Full Suite of Conventional and Shariah-compliant Solutions GROUP COMMUNITY GROUP GLOBAL GROUP INSURANCE GROUP ISLAMIC BANKING FINANCIAL SERVICES BANKING AND TAKAFUL Net Operating Income PBT Net Operating Income PBT Net Operating Income PBT Net Operating Income PBT
Slide 4: Our Investment Thesis
Our Investment Thesis LARGEST BANK IN MALAYSIA, TOP 4 IN ASEAN 01 Deep market presence and comprehensive regional footprint 02 STRONG AND SUSTAINABLE SHAREHOLDER RETURNS Underpinned by resilient earnings and sustained performance ROBUST DIVIDEND TRACK RECORD BANKING AND 03 Consistent, sustainable re
Slide 5: Largest Bank in Malaysia with Comprehensive Regional Footprint
Largest Bank in Malaysia with Comprehensive Regional Footprint SOUTHEAST ASIA'S MOST EXTENSIVE BANKING NETWORK Strategically positioned to capture ASEAN's long-term growth opportunities through our interconnected client franchise Home WIDEST SOUTHEAST ASIAN COVERAGE markets 10 890* 29 countries bran
Slide 6: Delivering Strong ROE with Continued Focus on Improvement
Delivering Strong ROE with Continued Focus on Improvement TRACK RECORD OF ROE IMPROVEMENT WITH DISCIPLINED EXECUTION TOWARDS 13%-14% BY 2030 through resilient earnings, consistent performance and disciplined capital allocation M25 STRATEGY M25+ STRATEGY ROAR30 STRATEGY FY2026(t) ~+30bps 13% -14% ≥11
Slide 7: One of Southeast Asia's Highest and Most Consistent Dividend Franchises
One of Southeast Asia’s Highest and Most Consistent Dividend Franchises Robust dividend track record Dividend Policy 5-year average dividend payout ratio ~80% Min 40% 84.5% 87.5%^ Dividend 77.4% 73.0% 72.4% 72.5% Payout Ratio As at 31 Dec 2025 100% 100% 100% 88% 84% 79% 79% Cash Component 63% 72% 65
Slide 8: Our Integrated Values-based Ecosystem Sets Us Apart
Our Integrated Values-based Ecosystem Sets Us Apart DISTINCT ADVANTAGE BUILT ON GLOBAL LEADERSHIP IN ISLAMIC FINANCE, SUSTAINABILITY AND REGIONAL SCALE GLOBAL ISLAMIC LEADERSHIP SUSTAINABILITY AT SCALE WIDE ASEAN CONNECTIVITY 2030 World-class expertise in Islamic Sustainable Finance Carbon 2030 Targ
Slide 9: ROARing Ahead To Deliver Sustainable Value Creation
ROARing Ahead To Deliver Sustainable Value Creation Superior ROE OUR GOALS Stronger Growth MAYBANK FIVE-YEAR PLAN (2025 – 2030) Sustainable Returns HUMANISING FINANCIAL SERVICES TARGETS 2026 2030 Values-based offerings and sustainability principles as an overarching theme ROE ≥11.8% 13%–14% Deliver
Slide 10: ROAR30 Update: Broad-Based Growth Driving Regional Leadership
ROAR30 Update: Broad-Based Growth Driving Regional Leadership 1H FY2026 KEY ACHIEVEMENTS (YOY) Global Islamic Finance institution Islamic CIB Halal NOC MY, Takaful Net Written Scaling Islamic Wealth and Takaful through strategic Income – MY SG, ID Contribution partnerships and the Halal ecosystem to
Slide 11: Leapfrogging Technology to Accelerate Next Phase of Growth
Leapfrogging Technology to Accelerate Next Phase of Growth INVESTING ~RM10 BILLION TO MODERNISE OUR TECHNOLOGY STACK BU I LD I NG A S CALABLE, S ECU R E AND S I MPLI FI ED R EG I O NAL O P ER ATI NG P L ATFO R M FULL ADOPTION OF MODERNISE THE CORE ENHANCE RESILIENCE AI BEST IN CLASS UX CLOUD AND AI
Slide 12: Balancing Tech Investments While Optimising Costs
Balancing Tech Investments While Optimising Costs Cost-to-income Ratio ENHANCING COST DISCIPLINE Without ≤49% <49% Organisation design, productivity, Optimisation CIR 01 business process reengineering Optimisation Improve productivity leveraging tech Optimised ~200 bps investments (i.e. AI). Elimina
Slide 13: Disciplined Capital Management For Sustainable Returns
Disciplined Capital Management For Sustainable Returns NARROWING THE GAP BETW EEN G R O U P AND BANK’S CET1 LEV ELS to unlock capital capacity, enhances dividend flexibility and support growth ROE Enhancement Avg. ~120 bps gap • Focus on core business growth across home markets (i.e 15.34% 15.13% wh
Slide 14: Full Insurance Business Ownership Enhances Growth and Capital Efficiency, boosting ROE
Full Insurance Business Ownership Enhances Growth and Capital Efficiency, boosting ROE STRATEGIC RATIONALE WAY FORWARD DEEPEN BANCASSURANCE CUSTOMER PENETRATION Introducing a Affluent penetration for Strengthen MAHB as a national insurance and new banca Customer Penetration regular premium products
Slide 15: Charting A Clear Pathway to Profitability; ROE Set to Rise to 13%-14%
Charting A Clear Pathway to Profitability; ROE Set to Rise to 13%-14% MANAGING ALL OUR FINANCIAL LEVERS TO IMPROVE ROE Reshaping the Growth Investment Business Model + ≤1.0% - ≤1.0% 13% -14% + ≤1.0% 11.7% ~2% + ≤1.0% 2025 Assets & Cost Optimisation & NOII Technology 2030 Current State Liabilities St
Slide 16: Table of Contents
Table of Contents Executive Summary 3 – 15 1H FY2026 Financial Performance 17-27 Appendix 29-49 16
Slide 17: Healthy Economic Growth Supports Banking Growth
Healthy Economic Growth Supports Banking Growth Malaysia Singapore Indonesia 2026 Forecast Previous Current Change 2026 Forecast Previous Current Change Change 2026 Forecast Previous Current GDP 4.2% 5.2% (f) GDP 4.4% 5.3% GDP 5.0% 5.3% System loans System loan 5.3% 7.0% 4.6% 5.1% System l
Slide 18: 1H FY2026: Building on a Solid First-Half Performance
1H FY2026: Building on a Solid First-Half Performance 1 2 3 Resilient earnings of Stronger 2Q NoII and net Asset quality remained RM5.17 bil and ROE of 11.6%, profit momentum lifted 1H resilient, supported by supported by NIM performance comfortable LLC coverage improvement to 2.12% 4 5 Sustainable
Slide 19: 1H FY2026: YoY Financial Highlights
1H FY2026: YoY Financial Highlights Net Profit ROE Resilient Strong Core Earnings Profitability • Solid fundamentals underpinned by 2.5% growth in net fund-based RM5.17 bil 11.6% income, supported by NIM improvement, and 12.1% growth in core fees (0.9)% 0.1 p.p. Income Margin NIM Expansion Suppo
Slide 20: NIM Expansion with Loans Growth Across Home Markets
NIM Expansion with Loans Growth Across Home Markets Net Fund Based Income Net Interest Margin (NIM) QTD (Ann.) 1.9% (1.7)% 2.5% Trend 2.09% 2.14% 2.10% Excl FX impact: 4.0% Excl FX impact: (1.6)% Excl FX impact: 4.7% 2.00% 2.02% 2Q’26 vs 2Q’25 2Q’26 vs 1Q’26 2Q'25 3Q'25 4Q'25 1Q'26 2Q'26
Slide 21: Strong Core Fees Amid Market Volatility
Strong Core Fees Amid Market Volatility Non-Interest Income (NoII) & NoII to Income % 1H FY2026 YoY Performance 35.8% 28.0% 33.1% 35.8% 30.6% ▪ Core fees1 grew by 12.1%, supported by wealth and IB (9.6)% 25.0% (18.8)% related fees 2Q’26 vs 2Q’25 2Q’26 vs 1Q’26 5.51 ▪ Wealth management fees ros
Slide 22: Stronger Investment Income Cushions Underwriting Pressure
Stronger Investment Income Cushions Underwriting Pressure Group Insurance & Takaful Key Drivers • PBT increased on higher investment income driven by improved PBT equity market conditions but was moderated by lower income 12.8% from underwriting 638.30 • Underwriting income dropped due to higher c
Slide 23: Disciplined Cost Management Ahead of Increased Technology Investments
Disciplined Cost Management Ahead of Increased Technology Investments CIR and Costs 49.3% 49.9% 49.1% 48.9% 49.5% (2.5)% 4.1% 2Q’26 vs 2Q’25 2Q’26 vs 1Q’26 (3.9)% 3.79 3.55 3.69 7.53 7.23 0.78 0.69 0.77 1.56 1.46 0.16 0.14 0.12 0.33 0.26 0.59 0.65 0.70 1.19 1.35 RM billion 2.25 2.06 2.10 4.45
Slide 24: Broad-Based CASA Growth Drives Higher Group CASA Ratio of 41.5%
Broad-Based CASA Growth Drives Higher Group CASA Ratio of 41.5% Deposits YTD Ann. Growth Liquidity Indicators Group Malaysia (MY) Singapore (SG) Indonesia (IDN) 1.0% 0.3% 2.5% 13.7% 138.1% 731.0 734.5 133.3% 130.0% Others 96.5 95.5 2.2% 481.8 481.0 117.3% 124.0 113.3% 113.4% 116.0 Fixed 99
Slide 25: Prudent Risk Management Supported by Comfortable Overlay Buffers
Prudent Risk Management Supported by Comfortable Overlay Buffers Loan ECL, NCC and LLC Gross Impaired Loans (GIL) Group GIL Volume and Ratio Country GIL Volume and Ratio P&L ECL (26.0)% (35.3)% (1.2)% 2Q’26 vs 2Q’25 2Q’26 vs 1Q’26 (RM billion) 1.34% 1.35% 1.30% 4.02% 3.85% 3.66% 1.18% 1.33% 1.
Slide 26: Sound Capital Position Reflects Ongoing Balance Sheet Discipline
Sound Capital Position Reflects Ongoing Balance Sheet Discipline Capital Ratios Jun’26 Jun’26 Group Bank vs vs Growth (%) Jun’25 Mar’26 (YoY) (QoQ) 17.93% 18.47% 18.68% 16.43% 17.13% 18.25% Group Loans 2.7% 1.7% 15.04% 15.33% 15.29% 13.75% 14.01% 14.56% 14.68% 14.96% 14.92% 13.53% 13.79% 14.32% Tota
Slide 27: Resilient Results, Cautious Outlook
Resilient Results, Cautious Outlook 1H FY2026 FY2026 Indicators Actual Guidance Return on Equity 11.6% ≥11.8% Cost to Income Ratio 49.5% ~ 49% Net Credit Charge Off (NCC) Rate 1 20 bps ~ 20 bps Group Loans Growth (YoY) 2 2.7% 4% - 5% Net Interest Margin (NIM) 2.12% 2.05% - 2.10% Note: 1 NCC is on a
Slide 28: Table of Contents
Table of Contents Executive Summary 3 – 15 1H FY2026 Financial Performance 17-27 Appendix 29-49 28
Slide 29: Maybank Acquired 30.95% from Ageas to Wholly-Own MAHB
Maybank Acquired 30.95% from Ageas to Wholly-Own MAHB TO UNLOCK FULL VALUE OF OUR INSURANCE BUSINESS STRATEGIC RATIONALE Acquired remaining 30.95% stake TRANSACTION comprising 78,001,229 ordinary shares in Strengthen MAHB as a national insurance and DETAILS Maybank Ageas Holdings Berhad 1 (“MAHB”) t
Slide 30: Etiqa is a market leader in Malaysia with strong performance and improving profitability
Etiqa is a market leader in Malaysia with strong performance and improving profitability… Life/Family Takaful New Business Gross Written Premium/Contribution (GWP) Contractual Service Margin (CSM)1 FY2025 CAGR: 9.2% MAHB’s largest 2030 Targets CAGR: 24.3% sub-segment: 12,905 12,524 CAGR Banca ~35% f
Slide 31: Large customer base available for Etiqa; Enhanced bancassurance framework
Large customer base available for Etiqa; Enhanced bancassurance framework will support ROAR30 regional wealth business More opportunity to deepen customer penetration through enhanced bancassurance with better-aligned incentives and new offerings Full ownership allows for the introduction of a new b
Slide 32: Etiqa has more potential to unlock value across Southeast Asia
Etiqa has more potential to unlock value across Southeast Asia Leverage our position in MY & SG and Etiqa’s Top 4 global takaful* standing to accelerate insurance & takaful penetration regionally. Full ownership enables greater flexibility to grow across Southeast Asia, particularly in markets such
Slide 33: Full ownership enhances capital management across the insurance & takaful franchises
Full ownership enhances capital management across the insurance & takaful franchises, with capacity for elevated dividend payout Proforma Bank Level CET-1 Capital (RM million) Bank CET-1 Ratio (%) Planned capital optimisation across the insurance & takaful 13.93% -1.97% 11.96% +0.23% +~0.86% ~13.04%
Slide 34: P&L Summary: 1H FY2026
P&L Summary: 1H FY2026 1H 1H 2Q 1Q 2Q RM million YoY QoQ YoY FY2026 FY2025 FY2026 FY2026 FY2025 Net fund based income * 10,137.9 9,887.0 2.5% 5,026.0 5,111.9 (1.7)% 4,934.5 1.9% Non-interest income * 4,473.0 5,509.6 (18.8)% 2,485.3 1,987.6 25.0% 2,749.9 (9.6)% Net operating income 14,610
Slide 35: International & Malaysia Portfolio Mix 1H FY2026
International & Malaysia Portfolio Mix 1H FY2026 Net Operating Income Profit Before Tax Group Loans* 0.8% 1H FY2026 5.5% 4.7% 3.0% (Jan 26 – Jun 26) 7.5% 4.5% 21.6% Overseas: 21.5% RM14.61 Overseas: RM6.93 Overseas: 25.1% RM695.9 33.7% billion 25.4% billion 35.1% billion 66.3% 64.9% 74.6% Malaysia S
Slide 36: Segmental Business Portfolio Mix 1H FY2026
Segmental Business Portfolio Mix 1H FY2026 Net Operating Income Profit Before Tax Group Loans* 1H FY2026 4.8% 8.7% (Jan 26 – Jun 26) 36.6% 41.9% RM14.61 RM6.93 RM695.9 38.0% billion billion billion 57.2% 49.4% 63.4% Group Community Financial Services Group Global Banking Group Insurance & Takaful 1H
Slide 37: Group Loans Growth: 30 June 2026
Group Loans Growth: 30 June 2026 % of 30 Jun 2026 31 Mar 2026 QoQ 31 Dec 2025 YTD Annualised 30 Jun 2025 YoY Portfolio Group Loans 695.9 684.5 1.7% 686.5 2.7% 677.6 2.7% Malaysia (RM billion) 65% 452.7 448.5 0.9% 444.4 3.7% 429.3 5.5% Community Financial Services (rebased) 72% 327.5 323.
Slide 38: Malaysia Loans Growth: 30 June 2026
Malaysia Loans Growth: 30 June 2026 % of RM billion 30 Jun 2026 31 Mar 2026 QoQ 31 Dec 2025 YTD Annualised 30 Jun 2025 YoY Portfolio Community Financial Services 72% 327.5 323.5 1.2% 320.7 4.2% 311.0 5.3% (rebased) Consumer 63% 285.2 282.1 1.1% 279.4 4.1% 269.8 5.7% Total Mortgage 38% 17
Slide 39: Singapore Loans Growth: 30 June 2026
Singapore Loans Growth: 30 June 2026 % of SGD billion 30 Jun 2026 31 Mar 2026 QoQ 31 Dec 2025 YTD Annualised 30 Jun 2025 YoY portfolio Community Financial Services 52% 28.5 28.2 0.9% 28.0 3.5% 26.5 7.4% Consumer 44% 23.9 23.7 0.7% 23.6 1.9% 22.5 6.0% Mortgage 27% 14.9 15.1 (1.4)% 15.2
Slide 40: Indonesia Loans Growth: 30 June 2026
Indonesia Loans Growth: 30 June 2026 % of IDR trillion 30 Jun 2026 31 Mar 2026 QoQ 31 Dec 2025 YTD Annualised 30 Jun 2025 YoY portfolio Community Financial Services 54% 71.1 70.6 0.6% 70.5 1.6% 69.2 2.8% Consumer 37% 48.2 48.0 0.4% 47.9 1.1% 46.6 3.5% Mortgage 13% 16.6 16.8 (1.3)% 17.0
Slide 41: Group Deposits Growth: 30 June 2026
Group Deposits Growth: 30 June 2026 % of 30 Jun 2026 31 Mar 2026 QoQ 31 Dec 2025 YTD Annualised 30 Jun 2025 YoY Portfolio Group Deposits 734.5 719.5 2.1% 731.0 1.0% 749.7 (2.0)% Total CASA 304.8 295.6 3.1% 296.0 6.0% 283.3 7.6% Total Fixed Deposits 333.2 329.8 1.0% 339.5 (3.7)% 373.9
Slide 42: LDR and CASA Ratio
LDR and CASA Ratio Malaysia Group LCR * NSFR LDR CASA 138.1% 141.2% 138.2% 133.3% 130.0% 117.3% 117.9% 116.6% 113.3% 113.4% 94.6% 94.5% 92.7% 93.5% 93.0% 92.1% 93.8% 94.9% 94.7% 90.2% 41.9% 43.2% 43.1% 43.9% 44.0% 37.8% 39.9% 40.5% 41.1% 41.5% Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Jun 2025 Se
Slide 43: RWA Optimisation and Funding Management
RWA Optimisation and Funding Management Group Loans & Group RWA Funding Breakdown Market RWA Operational RWA Credit RWA Gross Loans 695.9 Borrowings and Capital 677.6 684.5 Instruments by Currency FI Deposits, 5% 454.6* 436.4* 440.5* Equity, 10% 21.5 USD, 29% 20.8 20.9 51.4 Repo, 3% 52.2 52.2 Borrow
Slide 44: Asset Quality
Asset Quality Allowances for losses on loans GIL Ratio Composition P&L ECL 2Q 3Q 4Q 1Q 2Q 1H 1H Jun Sep Dec Mar Jun (RM million) FY2025 FY2025 FY2025 FY2026 FY2026 FY2025 FY2026 2025 2025 2025 2026 2026 Stage 1, net (89) 26 199 (155) (227) (219) (382) Non Performing Loans 0.95% 0.90% 0.87% 0.95% 0.9
Slide 45: Asset Quality by Line of Business in Home Markets
Asset Quality by Line of Business in Home Markets Consumer GIL Ratios Mortgage Auto Finance Credit Cards 1.06% 1.16% 3.97% 4.22% 1.05% 0.97% 3.98% 4.04% 0.89% 1.51% 1.65% 1.55% 1.52% 3.84% 1.46% 0.94% 1.39% 1.38% 1.44% 0.59% 0.62% 0.64% 0.82% 0.86% 1.30% 1.29% 0.59% 0.59% 0.74% 0.77% 0.08% 0.07% 0.0
Slide 46: Specific Asset Exposures as of 30 June 2026
Specific Asset Exposures as of 30 June 2026 Oil & Gas Loan and Fixed Income Securities Exposures Real Estate Loan Exposure to Non-Retail Borrowers to Non-Retail Malaysian Borrowers Country Exposure Borrowers’ Status 21.4% High Rise Residential RM44.2 billion 11.9% Landed Residential Malaysia 1.42% M
Slide 47: Key Operating Ratios
Key Operating Ratios % 1H 1H 2Q 1Q 2Q YoY QoQ YoY FY2026 FY2025 FY2026 FY2026 FY2025 1 Return on Equity 11.6 11.5 0.1 12.0 11.2 0.8 11.6 0.4 Net Interest Margin 1 2.12 2.02 0.10 2.10 2.14 (0.04) 2.00 0.10 Fee to Income Ratio 30.6 35.8 (5.2) 33.1 28.0 5.1 35.8 (2.7) Loans-to-Deposit
Slide 48: Robust Corporate Governance and Board Stewardship
Robust Corporate Governance and Board Stewardship DIVERSE AND EXPERIENCED BOARD OF DIRECTORS CO RPO RA TE GO VERNA NCE F RA M EWO RK Maybank has 7 Board Committees overseeing various aspects of the Group to ensure best governance practices, including sustainability, technology, etc. Independence 18%
Slide 49: Driving Measurable Impact Through Sustainability and Sustainable Finance
Driving Measurable Impact Through Sustainability and Sustainable Finance PROGRESS TOWARDS NET ZERO DELIVERING IMPACT PEI across six key sectors as of 2Q FY2026: Social Finance Power Palm Oil Commercial Automotive Steel Aluminium Real Estate RM 12.86 bil 2026 Target: RM18 bil p.a. 2Q FY2026 339 kgCO2
Slide 50: Htunantsin
Htunantsin Financial Services Maybank @Mymaybank Cf) @Maybank x) @Mymaybank in) @Maybank 50