Slide 1: Update on Aldermore
Update on Aldermore Steven Cooper, CEO March 2022
Slide 2: Investment case for Aldermore acquisition positive for FirstRand shareholders
22 Investment case for Aldermore acquisition positive for FirstRand shareholders Aldermore investment case FirstRand acquired a remains solid, delivering profitable specialist bank appropriate risk-adjusted in 2018 returns above cost of equity • Attractive margins • Sustainable, efficient funding fo
Slide 3: Benefits to Aldermore of FirstRand ownership
33 Benefits to Aldermore of FirstRand ownership Access to best-in-class Close collaboration Strongly capitalised financial resource across the group stable parent management disciplines • Significant cultural shift • Able to tap technical • All capital now internally driven by FRM resource at FirstR
Slide 4: Aldermore participates in 4 of the most attractive markets in UK banking
4 Aldermore participates in 4 of the most attractive markets in UK banking Structured and Property Finance Auto/MotoNovo specialist finance Savings Market Size >£500bn ~£50-60bn ~£50bn ~£1.8trn Steady UK growth with Relatively fast UK Growing UK market, Mature, stable but Outlook favourable underlyi
Slide 5: Our purpose continues to resonate
5 Our purpose continues to resonate What Back more people to go for it, in life and business How
Slide 6: An exciting business with tangible opportunities to drive value and accelerate transformation
6 An exciting business with tangible opportunities to drive value and accelerate transformation Proven ability Genuine Proven Exciting market to compete customer and structuring and opportunities and grow broker advocacy specialist expertise Specialty property, Built Strong feedback from Unique capa
Slide 7: Our vision is to refocus on key areas of strengths, shifting to a multi-slim model
7 Our vision is to refocus on key areas of strengths, shifting to a multi-slim model, while building next-gen infrastructure Structured and Property finance Auto/MotoNovo specialist finance Savings Profitably grow in core Double down on growth in Leverage structuring Expand our core capability in an
Slide 8: We are rapidly progressing on a number of critical opportunities
8 We are rapidly progressing on a number of critical opportunities What we have achieved so far Opportunities going forward Accelerate sustainable profit Business recovering well from Covid-19; growth by refreshing propositions market share growing again in Auto/MotoNovo and sharpening focus on and