Slide 1: Results Presentation
Results Presentation for the year ended 30 June 2026
Slide 2: Operating Environment
Operating Environment for the year ended 30 June 2026
Slide 3: The global environment continues to be characterised by elevated uncertainty
The global environment continues to be characterised by elevated uncertainty World Uncertainty Index (1990Q1 to 2026Q2) US election, tariffs and geopolitical 700 Coronavirus risks 600 US-China trade Geopolitical tensions US fiscal cliff and tensions and and collapse of sovereign debt crisis Brexit S
Slide 4: Global policy environment and markets remained volatile
Global policy environment and markets remained volatile 10-year bond yields: US, UK, Japan, Euro area Brent oil: 52-week rolling standard deviation (YTM) (US$/bbl) 6 25 5 20 4 3 15 2 10 1 5 – (1) – Jan Jan Jan Jan Jan Jan Jan Jan Jan Aug Aug Aug Aug Aug Aug Aug Aug Aug Aug 18 19 20 21 22 23 24 25 26
Slide 5: SA and broader Africa resilient, despite oil price shock and geopolitical volatility
SA and broader Africa resilient, despite oil price shock and geopolitical volatility South Africa GDP growth Inflation: Nigeria, Ghana, Zambia (% y/y) (% y/y) 8 60 6 50 4 40 2 – 30 (2) 20 (4) 10 (6) (8) – Mar Mar Mar Mar Mar Mar Mar Mar Mar Mar Jan Jan Jan Jan Jan Jan Jan Jan Jan 17 18 19 20 21 22 2
Slide 6: SA inflation and interest rate pressure remains contained
SA inflation and interest rate pressure remains contained SA repo rate and inflation forecasts (%) Forecast Pre-GFC demand and supply shock 16 14 Post-Covid and Ukraine war 12 demand and supply shock 10 8 6 4 2 – Iran war supply (2) shock increases likelihood of strong disinflation (4) 2000 2001 200
Slide 7: Unpacking Performance
Unpacking Performance for the year ended 30 June 2026
Slide 8: Performance against guidance
Performance against guidance Earnings and ROE guidance provided as at On this basis, delivered: 30 June 2025: • Earnings growth p16% • Mid-teens growth based on the strong operational – Anchors dividend growth p16% performance expected from the South African and broader Africa businesses • ROE of 21
Slide 9: Two material events shaped current year outcomes and define ongoing earnings base
Two material events shaped current year outcomes and define ongoing earnings base Following the publication of the UK FCA’s In April 2026, the group announced its final redress scheme for the motor finance intention to exit the UK consumer market sector the group recognised an additional pre-tax pro
Slide 10: Reconciliation of earnings and ROE, including and excluding the UK provision and discontinued operation
Reconciliation of earnings and ROE, including and excluding the UK provision and discontinued operation Normalised earnings (R million) and ROE (%) p16% q5% p10% q14% p13% 50 000 8 715 48 409 (4 596) 44 011 (3 948) 44 461 40 000 41 824 2 187 39 694 39 415 30 000 20.2% 18.3% 21.0% 21.5% 10.3%* 8.6%*
Slide 11: Operational performance from UK operations reflects execution on strategy but impacted by significant margin pressure
Operational performance from UK operations reflects execution on strategy but impacted by significant margin pressure • Economic activity in the UK remained subdued – Above-target inflation weighing on real income growth and consumer and business confidence – This limited the scope for more aggressi
Slide 12: Continuing operations: Key metrics demonstrate strong underlying performance
Continuing operations: Key metrics demonstrate strong underlying performance Normalised earnings Cost-to-income ratio Net income after cost of capital R44.5bn (2025: R39.4bn) 48.0% (2025: 48.5%) R19.4bn (2025: R15.7bn) p13% q50 bps p24% Return on assets Return on equity Net asset value 2.07% (2025:
Slide 13: Strong growth in NAV and economic profit demonstrates shareholder value creation
Strong growth in NAV and economic profit demonstrates shareholder value creation Normalised net asset value Normalised economic profit ROE and COE (NAV) R million % R billion 25 000 24.9 200.0 p9% 24.3 21.3 21.0 21.5 p24% 20 000 150.0 15 000 221.7 229.5 100.0 197.8 14.65 14.65 14.65 186.6 14.05 14.0
Slide 14: SA and broader Africa franchises clearly delivering superior ROE
SA and broader Africa franchises clearly delivering superior ROE ROA p8 bps to 2.07% year on year: p 60 bps • Strong investment income growth • Robust trading income growth increase in ROE to 24.9% • Stable cost-to-asset ratio (2025: 24.3%) • Improved credit loss ratio Gearing multiple decreased to
Slide 15: Group's market-leading franchises delivered operational performance as expected
Group’s market-leading franchises delivered operational performance as expected Normalised earnings y/y %, R million R26.4bn p12% R2.3bn q4% R12.3bn p15% ROE: 40.5% ROE: 18.5% ROE: 23.0% 15
Slide 16: Drivers of operational performance
Drivers of operational performance Strength of origination and deposit franchises Diversified and growing sources of NIR Health and quality of customer franchises 16
Slide 17: Origination strategy
Origination strategy • Continue to pursue highest market share of good-quality credit and protect customer franchise whilst maintaining risk-adjusted returns through the cycle • Track record of disciplined allocation and pricing of capital, funding and liquidity, and risk capacity through FRM proces
Slide 18: Advances growth generated across entire portfolio
Advances growth generated across entire portfolio Core advances* Core lending advances composition* y/y % Centre and other FNB broader Africa p54% FNB SA: WesBank: p1% Retail secured Retail VAF Residential R296bn R143bn 4% mortgages p5% p 5% p 15% 5% 21% Retail unsecured Corporate and commercial R11
Slide 19: Credit performance reflects origination strategy, book quality and cycle
Credit performance reflects origination strategy, book quality and cycle Improved credit experience in retail and commercial franchises SA retail SA commercial • CLR declined to 192 bps, at the lower end • CLR declined just below the mid point of the of the TTC range TTC range, to 92 bps Favourable
Slide 20: Deposit franchise growth has consistently outpaced money supply
Deposit franchise growth has consistently outpaced money supply Deposit franchise y/y % FY16 = 100 300 FNB SA Retail 268 R447bn p4% 250 Commercial R563bn 200 p13% 200 RMB CIB – SA R263bn 150 p15% 100 FNB and RMB 100 broader Africa FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 R123bn FirstRa
Slide 21: ALM strategy continues to support NII growth and margin
ALM strategy continues to support NII growth and margin Market-implied forward rates 7.40% Overall objectives 7.34% 7.28% 7.15% of ALM strategy outcomes: • Enhanced earnings with lower volatility • Growth and margin stability • Protected earnings against rate cuts Contribution of ALM strategy Additi
Slide 22: Strong uplift in margin supported by FRM discipline, despite rate-cutting cycle
Strong uplift in margin supported by FRM discipline, despite rate-cutting cycle • Asset margins p12 bps • Deposit margins p13 bps • Capital endowment including ALM strategies p4 bps • Group Treasury, Centre and other activities q2 bps p 29 bps • FNB broader Africa p2 bps movement in group NIM to 529
Slide 23: Drivers of operational performance
Drivers of operational performance Strength of origination and deposit franchises Diversified and growing sources of NIR Health and quality of customer franchises 23
Slide 24: NIR benefiting from established, new and scaling sources of capital-light revenues
NIR benefiting from established, new and scaling sources of capital-light revenues Bank fee and Knowledge-based fees commission income R2.8bn p14% R44.6bn p5% Trading and fair Insurance income value income R4.8bn p8% R7.1bn p42% Other operational PE realisations and associates and JVs dividends rece
Slide 25: FNB retail and commercial NIR scaling on platform
FNB retail and commercial NIR scaling on platform STEADY SCALING VAS as a source of retail NIR FNB fee and R million Digital wallets commission p8% 1 500 Overall values 1 250 p10% R129.4bn p36% Monthly p15% account fees R10.6bn p 1 000 p20% PayShap 750 Card R4.0bn p Overall volumes Overall values 50
Slide 26: Strategy to grow insurance businesses using own licences is tracking well
Strategy to grow insurance businesses using own licences is tracking well New business APE – R4.2bn p22% y/y % 2 000 p15% 1 500 p12% p27% • Short-term insurance reached 1 000 p75% profitability for the first time since 500 p14% inception – • Continued investment into Core life Credit life Underwritt
Slide 27: Invest strategy showing good traction
Invest strategy showing good traction Assets under management Net inflows R billion R billion Total CAGR p 23% Total CAGR p >100% 50 250 43 191 40 200 154 159 30 150 138 30 106 100 92 20 12 50 10 5 4 4 — — 2024 2025 2026 2024 2025 2026 Ashburton WIM Ashburton WIM 27
Slide 28: Recovery in RMB Global Markets lifted overall NIR growth
Recovery in RMB Global Markets lifted overall NIR growth Total revenue R million • Improved performance across most activities in GM 3 500 p42% business 3 264 • p42% increase in FX 3 000 revenue benefiting from higher client flows and 2 500 opportunities from improved liquidity in Egyptian and 2 293
Slide 29: Drivers of operational performance
Drivers of operational performance Strength of origination and deposit franchises Diversified and growing sources of NIR Health and quality of customer franchises 29
Slide 30: Improved profitability in FNB demonstrates franchise quality and strength
Improved profitability in FNB demonstrates franchise quality and strength • Personal: Encouraging growth in new-to-bank customers pre-migration p3% with pre-migration deposit growth p16% • Private: p8% customer growth (with new-to-bank p2.5%) with good NIR per customer p8% p12% PBT growth • Strong p
Slide 31: WesBank origination engine delivered record production
WesBank origination engine delivered record production • Strongest production yet, R59.4bn p18% • p45% growth in production generated from collaboration with R3.1bn PBT personal segment • p13% growth in new business production in ABF business Overall strong performance was • FML asset book p10% to R
Slide 32: PBT up 15% due to strong performance across portfolio
PBT up 15% due to strong performance across portfolio • IBD franchise grew strongly off high base • Global Markets recovered and poised for sustained growth • Muted growth in TTS due to trade and working capital business p230 bps • PE dividends and realisations continued to contribute movement in RO
Slide 33: Despite macro pressures in some large markets, in-country franchises delivered resilient operational performances
Despite macro pressures in some large markets, in-country franchises delivered resilient operational performances In-country PBTp14% Steady ROE: 20.5% • Botswana: p5% PBT growth supported by RMB, despite challenging macro conditions and liquidity constraints • In-country CIB PBT p53% from GM, TTS an
Slide 34: CET1 position retained with incremental UK motor commission provision impact
CET1 position retained with incremental UK motor commission provision impact CET1 ratio* % 18 CET1 accretion: +79 bps 17 16 300 bps (191 bps) (30 bps) (19 bps) Economic excess 15 (75 bps) of R10bn# 14 14.0 13.9 13 12 CET1 internal target range: 11.5% – 12.5% 11 10 Jun 25 Earnings Ordinary FCTR and R
Slide 35: Strong capital position supported a dividend cover of 1.6 times, delivering the highest dividend payout yet
Strong capital position supported a dividend cover of 1.6 times, delivering the highest dividend payout yet Times 2.3 2.2 2.1 2.0 1.8x to 2.2x 1.9 1.8 1.8 1.6x to 2.0x 1.8 1.7 1.7 1.7 1.7 1.7 1.7 1.6 1.6 1.6 1.6 1.5 1.4 Jun 16 Jun 17 Jun 18 Jun 19 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25* Jun 26 Dividend
Slide 36: Financial Review
Financial Review for the year ended 30 June 2026
Slide 37: Performance bridge 1: Normalised earnings
Performance bridge 1: Normalised earnings • Adjust for UK motor provision in 2025 • FirstRand normalised earnings p10% Normalised earnings (R million) p16% q5% p10% 50 000 8 715 48 409 40 000 44 011 41 824 39 694 ROE: 21.5% ROE: 21.0% 30 000 ROE: 20.2% ROE: 18.3% 20 000 10 000 — 2025 Jul 05 2026 202
Slide 38: Performance bridge 2: Continuing operations
Performance bridge 2: Continuing operations • Continuing operations (SA and bA franchises) is p13% Normalised earnings (R million) p10% q14% (q11% in £) p13% 50 000 48 409 (4 596) 44 011 (3 948) 44 461 40 000 39 415 30 000 ROE: 21.0% ROE: 21.5% ROE: 10.3%* ROE: 8.6%* ROE: 24.3% ROE: 24.9% 20 000 10
Slide 39: Performance bridge 3: Net asset value bridge
Performance bridge 3: Net asset value bridge • Large motor provision impacts IFRS NAV, but normalised group NAV continues to grow n p3% q16% p9% 250 000 4 303 12 066 229 476 (51 284) 217 418 217 410 221 721 200 000 186 616 (42 860) 170 437 150 000 Aldermore Group consolidated capital (normalised): 1
Slide 40: Key performance metrics
Key performance metrics Total previously reported basis Total normalised Normalised continuing 2026 2025 % change 2026 2025 % change 2026 2025 % change Basic earnings per share (cents) 867.4 785.5 10 p 796.7 703.4 13 p Dividend per share (cents) 539 466 16 p Earnings (R million) 39 694 41 824 5 q 48
Slide 41: UK FCA Motor Provision
UK FCA Motor Provision for the year ended 30 June 2026
Slide 42: UK motor provision summary
UK motor provision summary Income statement • Prudent provision based on final UK FCA policy statement Pre-tax provision Pre-tax related costs Post-tax impact • Management judgement required: – Take-up rates from 2008: Broadly £518m £29m £403m similar to policy statement (R11 308m) (R692m) (R8 715m)
Slide 43: Discontinued Operation
Discontinued Operation Aldermore Group performance (excluding UK motor provision and discontinuation entries) for the year ended 30 June 2026
Slide 44: Discontinued operation: Aldermore Group normalised PBT
Discontinued operation: Aldermore Group normalised PBT q11% Margin pressure and credit normalisation, offset by strong book growth and disciplined cost management Normalised earnings £ million ▲1% ▲>100% 175 6 176 (28) q16% q11% q86% 150 (6) ▲2% 15 156 (7) Effective tax rate 125 (2026: 22.6%) (2025:
Slide 45: Summary of discontinued operation performance
Summary of discontinued operation performance: 30 June 2026 Net interest income p1% Operating expenses p2% • Loans and advances p13% • Overall costs well managed • Customer deposits p12% • Costs p2% despite non-recurring costs, for offshoring and • Negative endowment on unhedged capital FirstRand ex
Slide 46: Continuing Operations
Continuing Operations Normalised earnings excluding UK motor provision for the year ended 30 June 2026
Slide 47: Group NII up 8% driven by balance sheet growth and NIM expansion
Group NII p8% driven by balance sheet growth and NIM expansion, despite rate-cutting cycle Normalised earnings R million 60 000 ▲12% ▲9% 50 000 7 166 ▲8% ▲2% (5 801) ▲14% ▲13% (2 392) 6 399 (326) 44 461 40 000 39 415 Effective tax rate (2026: 22.6%) (2025: 21.7%) 30 000 20 000 10 000 — 2025 NII Impa
Slide 48: Solid NII growth from all balance sheet activities
Solid NII growth from all balance sheet activities Net interest income R million Capital endowment p R634m 35 000 • Decrease in average repo rate (-89 bps in SA) p7% • Increase in capital balance and portfolio management 30 000 31 672 Group Treasury, Centre and other impacts p R909m 29 483 • Driven
Slide 49: Advances growth reflects improving growth trends
Advances growth reflects improving growth trends Core lending advances up 7% to R1 374bn Core lending advances R billion FNB commercial 209.8 p9% y/y 281.7 p5% y/y and WesBank 216.3 p13% y/y corporate p5% 6m Residential mortgages 287.4 227.8 excl. RMB p3% 6m distribution 295.7 and currency 447.1 p 1
Slide 50: RMB advances net origination up 13%, offset by distribution strategies
RMB advances net origination ▲13%, offset by distribution strategies, but at improved overall portfolio margin and returns Core lending advances* R million q2% p13% q9% (10 278) 62 683 (43 287) p2% 468 711 477 829 2025 # 2025 Net origination** FX Distribution 2026 * Core lending advances exclude ass
Slide 51: Deposit franchise growth momentum continues resulting in lower institutional funding requirements
Deposit franchise growth momentum continues resulting in lower institutional funding requirements Total funding portfolio p9% p13% 563 p4% 499 447 427 p15% 263 p12% 230 p6% 211 183 194 188 p12% 110 123 q17% 77 p2% p3% 64 13 13 39 40 Retail Commercial CIB* Broader Africa** FI deposits and Debt securi
Slide 52: Group margin expansion up 29 bps driven by focused execution of FRM strategies
Group margin expansion p29 bps driven by focused execution of FRM strategies Normalised margin Basis points AIEA# p2% 550 NII p8% 4 (2) 2 13 529 500 12 500 450 400 350 300 250 200 2025 * Lending interest- Deposits** Capital endowment** Group Treasury, Centre FNB broader Africa 2026 earning and other
Slide 53: CLR remains below mid point of TTC range, despite geopolitical FLI impacts in Q4
CLR remains below mid point of TTC range, despite geopolitical FLI impacts in Q4 of c. R1.1bn Normalised earnings R million 60 000 ▲12% ▲9% 50 000 7 166 ▲8% ▲2% (5 801) ▲14% (2 392) ▲13% 6 399 (326) 44 461 40 000 39 415 Effective tax rate (2026: 22.6%) 30 000 (2025: 21.7%) 20 000 10 000 — 2025 NII I
Slide 54: Group CLR remains below the mid point of the TTC range on all views
Group CLR remains below the mid point of the TTC range on all views 8.25 4.7 4.6 4.6 4.5 4.6 7.75 7.25 6.75 7.00 Group continuing operations range 100 – 130 bps 1.09 1.05 1.08 1.03 1.05 Jun 24 Dec 24 Jun 25 Dec 25 Jun 26 Stage 3/NPLs as a % of core lending advances Impairment charge as a % of averag
Slide 55: Credit performance and coverage ratios – 6-monthly view continuing operations
Credit performance and coverage ratios – 6-monthly view continuing operations Provision distribution and coverage Credit loss ratio* Stage 1 Stage 2 Stage 3 Total 1.09 Core lending advances (R m) 1 219 121 91 083 63 476 1 373 680 1.07 1.05 Provisions (R m) 10 190 11 241 29 718 51 149 1.02 1.03 0.91
Slide 56: Drivers of the impairment charge across portfolios
Drivers of the impairment charge across portfolios Impairment charge and CLR (%) 2025 2026 Total impairment charge R million p2% 2025 vs 2026 Retail p3% 192 bps (2025: 198 bps) Retail – secured q9% Retail – unsecured p7% Commercial q3% RMB CIB p26% Broader Africa q13% CLR CLR 0.64 0.55 7.10 7.25 Adv
Slide 57: Good NIR growth across all activities
Good NIR growth across all activities Normalised earnings R million 60 000 ▲12% ▲9% 50 000 ▲2% (5 801) ▲8% 7 166 ▲14% (326) ▲13% (2 392) 6 399 44 461 40 000 Effective tax rate 39 415 (2026: 22.6%) (2025: 21.7%) 30 000 20 000 10 000 — 2025 NII Impairments NIR* Opex Tax and other 2026 * Includes share
Slide 58: Significantly improved outcome in NIR growth
Significantly improved outcome in NIR growth p12% Normalised earnings Other R million p15% 2026 Total investment income* p37% 4 872 5 894 4 233 Trading and other 4 314 fair value 2025 p42% 5 013 R million 7 139 Total NIR* p12% 4 462 2026: 65 604 2025: 58 438 Net insurance income 4 802 40 416 p8% 42
Slide 59: FNB fee and commission income and RMB IBD knowledge-based fees
FNB fee and commission income ▲8% and RMB IBD knowledge-based fees ▲14%, offset by softer growth in RMB corporate commitment and structuring fees Normalised earnings R million Fee and commission income ▲6% 2026 FNB +8% 4 872 RMB +1% Transaction volume +5% 5 894 4 233 4 314 Customer acquisition +3% 2
Slide 60: Insurance revenue up 13%, with insurance service expenses up 17%
Insurance revenue ▲13%, with insurance service expenses ▲17% including investment in distribution and platform for future growth Insurance income Broader Africa R million WesBank p12% p51% ▲12% Brokers ▲5% 6 000 ▲13% ▲3% ▲17% ▲3% ▲8% Short-term 28 (744) 5 000 1 065 q2% (9) p15% 4 462 (Excl. OUTsuran
Slide 61: Strong rebound in RMB fair value income as Global Markets strategy reset gains traction
Strong rebound in RMB fair value income as Global Markets’s strategy reset gains traction p42% 8 000 7 139 7 000 498 q7% 712 p40% 6 000 5 013 5 000 535 507 4 000 p49% 3 000 5 929 2 000 3 971 1 000 — 2025 2026 RMB trading income and other RMB IB FV income Group Treasury accounting mismatches, hedges
Slide 62: Impressive investment income growth across all activities
Impressive investment income growth across all activities Investment income, including income from associates and JVs R million p37% 5 894 202 p>100% 494 p86% 724 4 314 – p33% 265 544 1 341* p52% 880 3 836 p15% 3 335 (710) (703) q1% 2025 2026 Private equity associates and other Other (incl. RMB Morg
Slide 63: Costs increased 9% marginally ahead of expectations
Costs increased ▲9% marginally ahead of expectations Normalised earnings R million 60 000 ▲12% ▲9% 50 000 ▲2% (5 801) ▲8% 7 166 ▲14% (2 392) ▲13% 6 399 (326) 44 461 40 000 Effective tax rate 39 415 (2026: 22.6%) (2025: 21.7%) 30 000 20 000 10 000 — 2025 NII Impairments NIR* Opex Tax and other 2026 *
Slide 64: Staff costs impacted by average staff inflation and headcount growth
Staff costs impacted by average staff inflation p5% + headcount growth p3%, with overall costs higher due to increased professional fees and IT expenses on project spend Computer Repairs and maintenance Other expenditure expenses p8% p10% p10% Depreciation, Advertising and marketing amortisation and
Slide 65: Focus on positive JAWS reflects in CTI
Focus on positive JAWS reflects in CTI R billion 175 000 % 52.5% 51.4% 50.3% 48.8% 162 831 48.5% 48.0% 50 150 000 149 694 48.5% 149 005 141 400 135 440 125 000 131 008 40 116 218 100 000 0.8% 3.1% 1.2% 30 2.4% 2.3% 75 000 78 895 71 106 73 042 71 552 67 320 65 751 20 61 024 50 000 10 25 000 — — 2022
Slide 66: Summary of continuing operations performance: June 2026
Summary of continuing operations performance: 30 June 2026 Net interest income p8% Non-interest revenue* p12% • Better than expectations and outperformed rate cycle • Fee and commission income p6% • Solid balance sheet growth: • Insurance income p8% – strong operational performance, partially offset
Slide 67: Looking Ahead
Looking Ahead for the year ended 30 June 2026
Slide 68: Updating medium-term ROE target range and earnings growth commitments
Updating medium-term ROE target range and earnings growth commitments Through-the-cycle Disciplined ROE 21% – 26% execution from the continuing operations will generate earnings and Earnings High single digit to superior returns growth low double digits 68
Slide 69: Refined strategic framework
Refined strategic framework FirstRand commits to building a future of shared prosperity through enriching the lives of its customers, employees and the societies it serves. This is the foundation to a sustainable future and will preserve the group’s enduring promise to create long-term value. A mult
Slide 70: Protect the group's valuable, market-leading franchises in SA and broader Africa
Protect the group’s valuable, market-leading franchises in SA and broader Africa Retail banking Private banking Business banking Commercial and Corporate and franchise franchise franchise Public sector investment banking banking franchise franchise 7 million 2 million 1.3 million 110k 13k customers
Slide 71: Multiple opportunities present significant growth runway for the portfolio
Multiple opportunities present significant growth runway for the portfolio Retail banking Private banking Business banking Commercial and Public Corporate and investment franchise franchise franchise sector banking franchise banking franchise Lean into constructive macro cycles, supported by structu
Slide 72: Enterprise-wide capabilities = technology and business services
Enterprise-wide capabilities = technology and business services Enable strategy execution at scale Eliminate duplication Unlock efficiencies Group Technology and Engineering Group Business Services, providing providing enterprise-wide technology enterprise-wide business services, solutions, delivere
Slide 73: NAV compounding at 8.7% a year since 2016, with R200bn returned to shareholders
NAV compounding at 8.7% a year since 2016, with R200bn returned to shareholders Normalised NAV and cumulative dividends paid Rbn NAV CAGR p8.7% and NAV plus distributions CAGR p14.3% (2016 to 2026) Capital allocation philosophy: 500 • Disciplined execution of FRM principles, including capital 400 20
Slide 74: Group's FY27 prospects
Group’s FY27 prospects • Economic reforms will continue to support a gradual improvement in growth trend expectations in the larger economies where the group operates • While recent oil price shock is likely to weigh on economic activity in the near term, its impact should begin to fade over the nex
Slide 75: -End-
-End- The printed booklet contains the main presentation only. The supporting annexures are available on the group’s website.