Slide 1: CIMB Group Holdings 1Q26 Analyst Presentation
Analyst Click toPresentation 1Q26 add text CIMB Group Holdings Click to add text 26 May 2026 Specify data classifications as one of the following: (Highly Confidential / Confidential / Proprietary or Internal Use Only)
Slide 2: GCEO Observations
\ GCEO Observations
Slide 3: Steady 1Q26 performance despite FX and geopolitical headwinds
Steady 1Q26 performance despite FX and geopolitical headwinds – with RM1.9bil net profit and 11.0% ROE Financial Performance Remarks (RM’ bil) 1Q26 4Q25 QoQ 1Q25 YoY YoY (ex-FX) 1 Operating income resilient QoQ despite FX & geopolitical headwinds due to: Operating Income 5.4 5.4 (0.2%) 1 5.5 (1.6%)
Slide 4: Forward30: CIMB's 6-year strategic plan is on track
Forward30: CIMB’s 6-year strategic plan is on track Purpose Advancing Customers and Society Society & Priorities People & Culture Customers Sustainability 1 Capital and resources: Reallocate to grow Strategic 2 3 moves – Cash: Build deposit franchise Cross-sell: Increase returns the 4Cs to reduce co
Slide 5: Forward30 4Cs strategic moves update (1/2)
Forward30 4Cs strategic moves update (1/2) Capital Cash Reduction in cost of Deposit LDR funds (ex-FX) Transformational change to win in Thailand: 44bps 7bps 6.9% 0.9% 2.3% • Exit of non-core and sub-scale business, i.e., Thai YoY QoQ YoY QoQ YoY auto loan portfolio divestment NIM compression bottom
Slide 6: Forward30 4Cs strategic moves update (2/2)
Forward30 4Cs strategic moves update (2/2) Cross-sell Capabilities Fee & commission income Treasury client sales Disciplined cost management 4.0% 1.0% Overhead expenses Cost-to-income ratio QoQ QoQ 4.0% 2.2% 5.5% 47.2% QoQ 1Q26 YoY YoY Wealth1 (AUM) No. of wealth customers1 1.0% 49.9% YoY 4Q25 1.4%
Slide 7: GCFSO Observations
\ GCFSO Observations
Slide 8: Key Highlights
Key Highlights Group NIM NOII/Total Income Cost-to-Income Profit Before Tax (RM) 2.08% 31.9% 47.2% 2,551 mil -8bps YoY +130bps YoY +30bps YoY -2.9% YoY -2bps QoQ +340bps QoQ -270bps QoQ -0.5% QoQ ROE Total Assets Loan Loss Charge CET1 (RM) 11.0% 781.0 bil 31bps 14.3% -40bps YoY +4.7% YoY* +5bps YoY
Slide 9: Key Business Highlights
Key Business Highlights Operating income growth Strong underlying performance remains steady on constant Continued cost discipline currency basis PPOP NII CIR 49.9% (RM ’mil) (RM ’mil) +5.2% QoQ -2.2% YoY 46.9% 47.2% +7.4% QoQ* +2.7% YoY* -3.0% QoQ* +1.4% YoY* (RM ’mil) 2,919 2,714 2,855 3,819 3,875
Slide 10: PBT by Segment
PBT by Segment Consumer Commercial 24% 24% Banking Banking PBT QoQ YoY PBT QoQ YoY RM605 mil ▼ 2.7% ▼ 23.0% RM604 mil ▲38.5% ▲ 38.2% Softer Consumer PBT due to continued competition Strong Commercial results underpinned by driving lower NIMs and absence of writebacks in continued asset quality resil
Slide 11: PBT by Country
PBT by Country Malaysia 61% Indonesia 22% PBT QoQ YoY PBT QoQ YoY RM1,519 mil ▼ 5.7% ▲ 1.1% RM544 mil ▲ 10.8% ▼ 13.2% Malaysia financial performance supported by Indonesia PBT grew QoQ on the back of strong fee resilient NIM and sound asset quality. However, and trading income despite continued chal
Slide 12: Net Interest Income
Net Interest Income Net Interest Margin* Country (%) 1Q26 4Q25 1Q25 2.16% Group 2.08 2.10 2.16 2.15% Group 2.10% 2.08% 2.08% Malaysia 1.80 1.79 1.79 NIM Indonesia^ 3.83 3.88 3.99 2.66% 2.64% Banking book Thailand^ 1.96 1.91 2.07 2.55% 2.53% NIM 2.49% Singapore 1.23 1.11 1.29 Net Interest -5.0% QoQ -
Slide 13: Non-Interest Income
Non-Interest Income (RM ’mil) 1Q26 QoQ YoY NOII Breakdown Total NOII Trading & FX Fee & commission 695 4.0% (4.0%) +11.9% QoQ +17.5% QoQ Trading & FX 967 17.5% 4.2% 1,727 967 1,544 Others 65 22.6% >100.0% 823 760 721 356 495 Total 1,727 11.9% 2.8% 823 967 467 472 On constant currency 14.5% 8.4% 4Q25
Slide 14: Operating Expenses
Operating Expenses Total Operating Expenses (RM ’mil) 1Q26 QoQ YoY Personnel 1,576 9.9% (0.8%) CIR 49.9% Establishment 175 (10.3%) (8.9%) 46.9% 46.9% 47.2% 45.5% Technology 442 (4.9%) - Marketing 90 (54.1%) (2.2%) (RM ‘mil) Admin & General 272 (34.5%) 2.6% Total 2,555 (5.5%) (1.0%) On constant curre
Slide 15: Asset Quality
Asset Quality Total Provisions Breakdown Loan Loss Charge* (RM ’mil) (bps) Retail 311 208 356 Non-Retail 40 399 Recoveries 32 31 343 508 and write-offs 26 271 283 23 114 (303) (474) (266) 1Q25 4Q25 1Q26 1Q25 2Q25 3Q25 4Q25 1Q26 Asset quality remains stable Higher provisions QoQ from lower overlay wr
Slide 16: Total Assets and Debt Securities
Total Assets and Debt Securities Total Assets Debt Securities (RM ’bil) Mar-26 Dec-25 QoQ Mar-25 YoY (RM ’bil) Mar-26 Dec-25 QoQ Mar-25 YoY Loans (net) 447.3 444.9 0.5% 440.2 1.6% Malaysia 146.7 144.0 1.8% 137.1 6.9% Indonesia 22.5 21.1 6.6% 25.4 (11.4%) Debt Securities 220.9 226.0 (2.3%) 220.3 0.3%
Slide 17: Gross Loans
Gross Loans Others (RM ’bil) 31 Mar-26 QoQ YoY Singapore 6% 10% Consumer Banking 241.2 (0.2%) 1.4% Thailand Commercial Banking 75.6 (0.8%) (0.5%) # 7% 31 Mar-26 Wholesale Banking 135.9 3.0% 1.8% RM455.1 bil Malaysia CIMB Digital Assets and Others 2.4 (20.0%) (14.3%) Indonesia 63% 14% Total 455.1 0.5
Slide 18: Deposits
Deposits Others Singapore 1% (RM ’bil) 31 Mar-26 QoQ YoY 12% Consumer Banking 221.4 (1.1%) (2.9%) Thailand 6% Commercial Banking 95.9 (1.7%) 4.4% 31 Mar-26 Wholesale Banking 206.0 3.3% 14.1% Indonesia RM525.3 bil 12% CIMB Digital Assets and Others 2.0 (42.9%) (66.7%) Malaysia 69% Total 525.3 0.2% 3.
Slide 19: Capital and Liquidity Management
Capital and Liquidity Management Capital Adequacy Liquidity Coverage Ratios (%) Mar-26 Dec-25 Mar-25 18.3% CIMB Bank* 146 146 147 18.0% 18.0% CIMB Islamic* 153 135 131 Tier 2 3.0% 3.1% 3.1% CIMB Niaga 207 199 206 Tier 1 0.6% 0.6% 0.6% CIMB Thai 158 192 172 CET1 14.7% 14.3% 14.3% Mar-25 Dec-25 ~ Mar-
Slide 20: Consumer Banking
Consumer Banking (RM ’mil) 1Q26 QoQ YoY Positive underlying performance with PPOP +12.2% QoQ from tighter cost management Operating income 2,203 (1.8%) (3.0%) and strong wealth income. Provisions higher due to Thailand and absence of Overhead expenses (1,246) (10.4%) (2.0%) Malaysia MEF and overlays
Slide 21: Commercial Banking
Commercial Banking (RM ’mil) 1Q26 QoQ YoY Operating income 1,011 (3.2%) 0.6% Strong PBT improvement QoQ and YoY Overhead expenses (517) (6.3%) (0.8%) mainly driven by continued resilience in PPOP 494 0.4% 2.1% asset quality with writebacks of overlays and provision recoveries in Malaysia and (Provis
Slide 22: Wholesale Banking
Wholesale Banking (RM ’mil) 1Q26 QoQ YoY Operating income 1,512 10.7% (2.0%) (574) (7.9%) (2.2%) Strong PPOP growth QoQ on the back of Overhead expenses robust NOII (+31.3%) and lower opex. The PPOP 938 26.2% (1.9%) 8.5% PBT decline QoQ was due to lower (Provisions) / Writebacks (6) >100.0% >100.0%
Slide 23: CIMB Digital Assets & Group Funding
CIMB Digital Assets & Group Funding (RM ’mil) 1Q26 QoQ YoY PBT declined 15.6% QoQ from lower investment gains and higher expenses due Operating income 684 (10.6%) 0.7% to bonus writebacks in 4Q25, partially offset by lower provisions in the Philippines and Overhead expenses (218) 56.8% 9.0% higher p
Slide 24: CIMB Islamic
CIMB Islamic (RM ’mil) 1Q26 QoQ YoY PBT +16.0% QoQ from combination of lower expenses and provisions; +9.4% YoY Operating income 1,112 0.1% (0.5%) from decline in provisions Overhead expenses (408) (14.9%) 6.0% PPOP 704 11.6% (4.0%) NFI +0.3% QoQ from NPM expansion; +5.4% YoY underpinned by balance
Slide 25: 2026 guidance remain unchanged despite current volatilities
2026 guidance remain unchanged despite current volatilities Asset and loan growth continue to be Indicator FY26 guidance resilient, with a healthy pipeline observed Early signs of NIM compression ROE 11.0 – 11.5% bottoming out Client cross-sell and trading income Asset Growth continue to see robust
Slide 26: CIMB Moving You Forward
b) CIMB MOVING YOU FORWARD
Slide 27: Appendices
\ Appendices
Slide 28: Earnings Summary
Earnings Summary (RM ’mil) 1Q26 4Q25 QoQ 1Q26 1Q25 YoY Net interest income 3,683 3,875 (5.0%) 3,683 3,819 (3.6%) Non-interest income 1,727 1,544 11.9% 1,727 1,680 2.8% Operating income 5,410 5,419 (0.2%) 5,410 5,499 (1.6%) Overhead expenses (2,555) (2,705) (5.5%) (2,555) (2,580) (1.0%) PPOP 2,855 2,
Slide 29: Key Ratios
Key Ratios (%) 1Q26 4Q25 QoQ 1Q26 1Q25 YoY ROE ~ 11.0 10.9 ▲ 11.0 11.4 ▼ NIM ~* 2.08 2.10 ▼ 2.08 2.16 ▼ NIM banking book ~* 2.49 2.53 ▼ 2.49 2.66 ▼ Non-interest income / total income 31.9 28.5 ▲ 31.9 30.6 ▲ Cost to income 47.2 49.9 ▼ 47.2 46.9 ▲ Allowance coverage (including regulatory reserve) 133.
Slide 30: NOII breakdown
NOII breakdown (RM ’mil) 1Q26 4Q25 QoQ 1Q26 1Q25 YoY Fee & commission 695 668 4.0% 695 724 (4.0%) Brokerage 16 17 (5.9%) 16 10 60.0% Asset management and security services 6 6 - 6 5 20.0% Trading & FX 967 823 17.5% 967 928 4.2% Dividend income 21 11 90.9% 21 12 75.0% Other income 22 19 15.8% 22 1 >1
Slide 31: PBT by Segments
PBT by Segments PBT (RM ’mil) 1Q26 4Q25 QoQ 1Q26 1Q25 YoY Consumer Banking (23.7%) 605 622 (2.7%) 605 786 (23.0%) Commercial Banking (23.7%) 604 436 38.5% 604 437 38.2% Wholesale Banking (36.5%) 932 1,019 (8.5%) 932 1,035 (10.0%) Corporate Banking (14.5%) 370 554 (33.2%) 370 537 (31.1%) Treasury & M
Slide 32: PBT by Segment and Country
PBT by Segment and Country Consumer Banking 1Q26 4Q25 QoQ 1Q26 1Q25 YoY Malaysia (RM ’mil) 363 578 (37.2%) 363 493 (26.4%) Indonesia (IDR ’bil) 487 149 >100.0% 487 819 (40.5%) Thailand (THB ’mil) 554 (170) >100.0% 554 219 >100.0% Singapore (SGD ’mil) 17 11 54.5% 17 9 88.9% Others * (RM ’mil) 5 0 n/a
Slide 33: Consumer Banking Key Highlights
Consumer Banking Key Highlights Malaysia QoQ YoY Indonesia ^ QoQ YoY Consumer Gross Loans 0.7% 4.1% Consumer Gross Loans (1.6%) 0.2% Mortgages 0.9% 4.0% Mortgages (0.4%) 0.0% Wealth (1.5%) (3.6%) Auto 0.2% 4.0% Auto 1.6% 7.8% Credit cards (1.0%) 1.8% Credit cards (1.8%) 5.0% Consumer Deposits 3.6% 4
Slide 34: CIMB Niaga: Earnings Summary
CIMB Niaga: Earnings Summary (IDR 'bil) 1Q26 4Q25 QoQ 1Q26 1Q25 YoY Net interest income 3,220 3,398 (5.2%) 3,220 3,319 (3.0%) Non-interest income 1,836 1,277 43.8% 1,836 1,423 29.0% Operating income 5,056 4,675 8.1% 5,056 4,742 6.6% Overhead expenses (2,370) (2,380) (0.5%) (2,370) (2,183) 8.6% PPOP
Slide 35: CIMB Niaga: Key Ratios
CIMB Niaga: Key Ratios (Consolidated, %) 1Q26 4Q25 QoQ 1Q26 1Q25 YoY ROE ^ 12.7 11.6 ▲ 12.7 14.0 ▼ NIM ^ 3.83 3.88 ▼ 3.83 3.99 ▼ Cost to Income 46.9 50.9 ▼ 46.9 46.0 ▲ Loan Loss Coverage # 176.2 197.8 ▼ 176.2 249.7 ▼ Allowance Coverage 112.0 112.3 ▼ 112.0 109.9 ▲ Loan Loss Charge ^ 0.79 0.38 ▲ 0.79
Slide 36: CIMB Thai: Earnings Summary
CIMB Thai: Earnings Summary Before GAAP Adjustments 1Q26 4Q25 QoQ 1Q26 1Q25 YoY (THB 'mil) Net interest income 2,042 2,140 (4.6%) 2,042 2,199 (7.1%) Non-interest income 1,431 1,082 32.3% 1,431 1,385 3.3% Operating income 3,473 3,222 (4.6%) 3,473 3,584 (3.1%) Overhead expenses (1,868) (2,034) (8.2%)
Slide 37: CIMB Thai: Key Ratios
CIMB Thai: Key Ratios (Consolidated, %) 1Q26 4Q25 QoQ 1Q26 1Q25 YoY ROE ^ 4.7 3.2 ▲ 4.7 6.7 ▼ NIM ^ 1.96 1.91 ▲ 1.96 2.07 ▼ Cost to Income 53.8 63.1 ▼ 53.8 47.6 ▲ Loan Loss Coverage ** 182.2 171.5 ▲ 182.2 134.3 ▲ Loan Loss Charge ^ 1.5 1.1 ▲ 1.5 1.3 ▲ Gross NPL ratio ** 2.1 2.2 ▼ 2.1 2.8 ▼ ROA 0.5 0
Slide 38: Sustainability Highlights 1Q26
Sustainability Highlights 1Q26 Scan here to view our 2025 Sustainability Report Directing capital to grow green infrastructure and the MSME sector; enhancing resilience and earning recognition Our Performance Reflected in Global Rankings #1 globally among 88th 400 Financial percentile Institutions E
Slide 39: IB Market Share and Ranking (1)
IB Market Share and Ranking (1) 1Q26 1Q25 1Q26 1Q25 Market Market Market Market Rank Rank Rank Rank Share Share Share Share DCM Domestic 25.9% 2 31.1% 1 DCM 3.6% 11 5.0% 10 Sukuk 25.6% 2 33.7% 1 DCM* 4.8% 8 5.3% 9 DCM Domestic* 22.6% 2 26.6% 2 M&A - - 63.3% 2 Sukuk* 23.9% 2 26.2% 2 Syndication - - 3
Slide 40: IB Market Share and Ranking (2)
IB Market Share and Ranking (2) 1Q26 1Q25 1Q26 1Q25 Asia ASEAN Market Market Market Market Rank Rank (ex-Japan) Rank Rank Share Share Share Share DCM 11.7% 2 14.8% 1 DCM 0.6% 42 0.6% 50 DCM* 10.9% 2 13.5% 1 DCM* 0.6% 46 0.6% 52 M&A - - 10.6% 9 M&A - - 2.2% 23 Syndication - - 3.5% 6 Syndication - - 1
Slide 41: CIMB Moving You Forward
b) CIMB MOVING YOU FORWARD