Slide 1: Q2/H1 2026 Results Presentation
Q2/H1 2026 Results Presentation 29 July 2026
Slide 2: We are primed for our next phase of growth…
We are primed for our next phase of growth… Our ‘super-connector’ Our strategy is We have clear and We will deliver combination of aligned with measurable plans to compounding growth and network and products long-term growth boost productivity sustainably higher returns, is differentiated and driver
Slide 3: …and have delivered another strong performance
…and have delivered another strong performance Record Q2 income and profit before tax, with robust performance across the business… …Resulting in a record first half performance, with EPS up 17% YoY to 151.6 cents Upgrading 2026 income guidance to be around the middle of the 5-7% growth range YoY at
Slide 4: CFO update
CFO update Manus Costello Group Chief Financial Officer
Slide 5: Q2’26 performance overview
Q2’26 performance overview $m Q2’25 Q2’26 YoY ccy Q2’26 key stats B/(W) RoTE Non-interest income Net interest income (NII) 2,702 2,871 7% 17.9% ~50% broadly flat YoY of Group income Non-interest income 2,825 2,831 0% Operating income 5,527 5,702 3% Basic earnings per share TNAV per share Operating e
Slide 6: NII up 1% QoQ; non-interest income resilient
NII up 1% QoQ; non-interest income resilient • Q2’26 NII up 1% QoQ at ccy NII QoQ ($m) − Volume growth, day count and asset mix benefits, offset by lower rates +1% ccy and margin, as well as impact from WRB portfolio actions 30 32 29 2,869 2,871 • Upgrading 2026 NII guidance to low single-digit perc
Slide 7: Expenses well managed
Expenses well managed Operating expenses YoY ($m) Flat/+3% ex-notables 286 41 3,201 3,196 (238) (74) (20) Q2’25 FX Business growth FFG CTA FFG savings Notable Q2’26 & inflation (cost-to-achieve) & other items • Q2’26 expenses flat YoY at ccy; up 3% excluding notable item of $74m of provision release
Slide 8: Credit quality remained resilient
Credit quality remained resilient Credit impairment ($m) • Q2’26 credit impairment of $150m includes additional management overlays of $44m in relation to the Middle East conflict for the Group total 119 188 148 296 150 petrochemical sector and potential sovereign downgrades 5 • CIB impairment large
Slide 9: Continued growth in underlying customer loans and deposits
Continued growth in underlying customer loans and deposits Loans and advances (L&A) to customers1 ($bn) • Q2’26 underlying L&A up 2% in the quarter +2.2% − WRB increase from continued demand in wealth lending and 4.9 299.3 mortgages, partly offset by reduction in unsecured lending 293.6 292.7 1.7 −
Slide 10: Lower RWA in the quarter; capital remains robust
Lower RWA in the quarter; capital remains robust • Q2’26 RWA down $4.7bn QoQ; expected to largely reverse in H2’26 Risk-weighted assets ($bn) ($4.7bn) − $2.2bn decrease in asset growth & mix, with asset growth offset by lower derivative exposures and optimisations 266.2 261.5 (0.2) (2.2) (0.2) (1.4)
Slide 11: WRB: Another strong delivery in Wealth Solutions, with robust NNM
WRB: Another strong delivery in Wealth Solutions, with robust NNM WRB ($m) Q2’25 Q2’26 YoY ccy Affluent clients NNM and AUM ($bn) B/(W) Net new money (NNM)1 YoY Assets under management (AUM) Investment Products 544 849 56% Bancassurance 198 215 9% QoQ 16 473 Wealth Solutions 742 1,064 43% 15 443 Dep
Slide 12: CIB: Continued momentum in Global Banking and Flow income
CIB: Continued momentum in Global Banking and Flow income CIB ($m) Q2’25 Q2’26 YoY ccy Global Markets: flow and episodic income ($m) B/(W) Transaction Services 1,471 1,542 5% YoY 1,175 1,190 Global Banking 548 651 18% 1,116 Global Markets 279 212 1,175 1,116 (5%) 397 847 Treasury & Other 81 40 (53%)
Slide 13: We are revising our 2026 guidance
We are revising our 2026 guidance H1’26 actual NII Net interest income to be up low single-digit percentage YoY1 +4% YoY1 Income Income growth YoY to be around the middle of the 5-7% growth range1 +6% YoY1 2026 targets Cost Expenses excluding notable items expected to be ~$13.3bn1 +2% YoY1 RoTE RoTE
Slide 14: CEO update
CEO update Bill Winters Group Chief Executive
Slide 15: The structural trends playing to our strengths
The structural trends playing to our strengths The emergence of Digital transformation The changing role Rising wealth The transition a multi-polar and and evolving client of banks in serving participation reshaping economy and multi-aligned world expectations the real economy capital markets sustai
Slide 16: WRB: Growth underpinned by structural wealth flows
WRB: Growth underpinned by structural wealth flows • Affluent business remains a key growth driver, with income share of Affluent net new money (NNM) WRB increasing to 73%1 in H1’26 • Consistent new-to-bank growth of over 60k clients for 14 consecutive 2025-2028 quarters; onboarded ~150k new-to-bank
Slide 17: CIB: We continue to capture cross-border and supply chain shifts
CIB: We continue to capture cross-border and supply chain shifts • CIB capitalising on supply chain shifts and cross-border flows, Cross-border network income and Financial Institutions (FI) with H1’26 network income up 8% YoY to $4.6bn Network income % of CIB Financial Institutions (FI) income % of
Slide 18: Digitisation of money
Digitisation of money Banking the Digital Ecosystem st Completed a 1 digitally traded Providing regulated banking, payments, liquidity intraday FX swap and risk infrastructure for digital asset firms to H1’26 operate at institutional scale highlights st 1 GSIB to provide integrated institutional USD
Slide 19: Medium-term framework
Medium-term framework >15% RoTE in 2028 and ~18% in 2030… …leading to high-teens EPS growth ~18% EPS (cents) High-teens CAGR >15% 11.9% 195 8.4% 109 2023 2025 2028 2030 2023 2025 2028 2028 RoTE target and EPS growth underpinned by: Income CAGR Cost-to-income 30-35bps Dividend payout 13-14% ratio loa
Slide 20: In conclusion
In conclusion Record first half performance across income and profit before tax Upgrading 2026 income guidance to be around the middle of the 5-7% growth range YoY Announcing a $1.0bn share buyback and an interim dividend of 20.4 cents per share Confident in the delivery of our medium-term framework
Slide 21: Appendices
Appendices YZ) a
Slide 22: Tangible net asset value (TNAV) movements
Tangible net asset value (TNAV) movements Tangible equity TNAV per share Basic # of ordinary shares ($m) (cents) (m) As at 31.3.26 38,335 1,720 2,229 Profit attributable to ordinary shareholders 1,753 79 Dividends paid to: Ordinary shareholders (1,105) (50) Preference and other equity holders (45) (
Slide 23: H1’26 performance overview
H1’26 performance overview $m H1’25 H1’26 YoY ccy H1’26 key stats B/(W) RoTE Non-interest income Net interest income (NII) 5,499 5,740 4% 17.6% 50.5% Up 120bps YoY of Group income Non-interest income 5,407 5,864 8% Operating income 10,906 11,604 6% Basic earnings per share TNAV per share Operating e
Slide 24: Product income
Product income Q2’26 YoY YoY ccy H1’26 YoY YoY ccy $m B/(W) B/(W) B/(W) B/(W) Transaction Services 1,542 71 5% 3,054 54 1% Payments & Liquidity 1,047 32 3% 2,084 6 (0%) Securities & Prime Services 182 24 16% 359 50 17% Trade & Working Capital 313 15 4% 611 (2) (2%) Global Banking 651 103 18% 1,314 2
Slide 25: Interest rate assumptions
Interest rate assumptions Currency-weighted average1 (bps) H1’26 top currency weightings MYR 389 TWD 5% 6% 332 335 322 INR 313 305 297 6% USD 31% 291 EUR 8% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Average as of 20.4.26 Average as of 21.7.26 GBP 9% bps 20.4.26 Change 21.7.26 Change FY’25 342
Slide 26: Hedging strategy reducing NII volatility
Hedging strategy reducing NII volatility Hedge evolution Interest rate risk in the banking book (IRRBB) • Overall duration strategy includes: • H1’26 NII sensitivity to downward movement broadly flat at ($630m) − Treasury structural hedge positions of swaps and HTC securities ($97bn) − Incremental s
Slide 27: Middle East: 6% of exposures; so far resilient; monitoring impacts
CONFIDENTIAL Middle East: 6% of exposures; so far resilient; monitoring impacts • Middle East (ME) portfolio represents 6% of Group exposures1 Middle East exposures by market1,3 − >90% in CIB, weighted to sovereign-linked corporates, sovereigns and FIs UAE 5% Saudi Arabia 6% 4% o ~80% of CIB exposur
Slide 28: Stronger risk foundations supporting resilient performance
CONFIDENTIAL Stronger risk foundations supporting resilient performance • Key portfolio indicators improved since FY’14 reflecting: Risk performance bps − Portfolio diversity, lower concentrations, proactive management 200 Loan loss rate 1 100% Investment grade as % of corporate exposure, RHS − Stre
Slide 29: Strong performance founded on a diverse franchise
CONFIDENTIAL Strong performance founded on a diverse franchise 54 $11.6bn $4.8bn 55% 17.6% Operating income Profit before tax Cost-to-income ratio1 Return on tangible equity Markets (H1’25: $10.9bn) (H1’25: $4.4bn) (H1’25: 57%) (H1’25: 16.4%) Income by product and segment Income composition Income b
Slide 30: Strong foundations from a diversified balance sheet
CONFIDENTIAL Strong foundations from a diversified balance sheet 14.2% 35.2% 4.7% 148% 137% 51% CET1% MREL% Leverage ratio LCR1 NSFR2 Advances-to- min. requirement: min. requirement: min. requirement: min. requirement: min. requirement: deposits ratio 10.3% 28.3% 3.7% 100% 100% Total assets by marke
Slide 31: Balance sheet is conservatively positioned
CONFIDENTIAL Balance sheet is conservatively positioned • Balance sheet movements driven by increased client-driven flow Balance sheet Total equity & Total assets Since 31.3.26 liabilities Since 31.3.26 − FVTPL securities up on demand for access trades $993bn Δ 2% $993bn Δ 2% − Derivatives normalise
Slide 32: Strong and diverse deposit base; franchise delivers deposit quality
CONFIDENTIAL Strong and diverse deposit base; franchise delivers deposit quality • Well-diversified deposit base across 54 markets Customer deposits by market4 − In Hong Kong & Singapore, we are a Domestic SIB1 Hong Kong 12% Singapore • 52% of deposits in CIB, of which 46% in operational accounts (O
Slide 33: Deposit mix actively managed
CONFIDENTIAL Deposit mix actively managed • CASA/TD mix broadly stable for CIB with WRB TDs up QoQ Transaction Services CASA% of CIB deposits1 ($bn) 64% 64% 64% 64% 65% − CIB deposits up on geopolitical-related inflows with broadly stable CASA mix CASA % − WRB deposits up on continued growth in Affl
Slide 34: High levels of liquid resources and stable funding
CONFIDENTIAL High levels of liquid resources and stable funding • 148%1 LCR down 3%pts QoQ Components of Liquidity coverage ratio (LCR)1 155% 151% 148% − net cash outflows and HQLA up in line with balance sheet growth Other liquid Other liquid • Comfortable to run LCR efficiently without relying on
Slide 35: Capital & MREL: Well-positioned for future growth and requirements
CONFIDENTIAL Capital & MREL: Well-positioned for future growth and requirements • Minimum CET1 requirement broadly unchanged QoQ at 10.3% Capital metrics 33.5% 33.7% 35.2% • No changes to Pillar 2A Buffers for H1’26 10.3% PLC CCB Senior 2.5% • CET1 capacity to support both growth and shareholder dis
Slide 36: Good progress on delivery of funding programme
CONFIDENTIAL Good progress on delivery of funding programme • 2026 MREL issuance plan of ~$9bn broadly completed with focus on Holdco Senior Maturity & Call schedule of existing stock ($bn)1,2 AT1 9.1 − $7.3bn Senior and $1.6bn AT1 issued YTD Tier 2 1.3 − YTD issuance well diversified with ~40% rais
Slide 37: Group strategy to support and, over time, improve credit ratings
CONFIDENTIAL Group strategy to support and, over time, improve credit ratings • Well-rated with strong credit fundamentals, absolutely & relative to peers Senior long-term and short-term ratings − Network franchise, funding & liquidity are key rating strengths S&P Moody’s Fitch • Group is well posit
Slide 38: Standard Chartered Group: simplified legal structure
CONFIDENTIAL Standard Chartered Group: simplified legal structure Standard Chartered PLC MREL: Holdco Senior, Tier 2 & AT1 BBB+1/A32/A (S&P/Moody’s/Fitch) Equity CP / CDs Standard Chartered Bank Standard Chartered Bank (Hong Kong) Medium Term Notes A+/A12/AA- 3 A+/A1/- Structured Products Principal
Slide 39: Select technical and abbreviated terms (1/2)
CONFIDENTIAL Select technical and abbreviated terms (1/2) Term Definition Term Definition Adj. Adjustments DPS Dividend per share AIEA Average interest earning assets DVA Debit valuation adjustment: the Group calculates DVA on its derivative ASEAN Association of Southeast Asian Nations liabilities t
Slide 40: Select technical and abbreviated terms (2/2)
CONFIDENTIAL Select technical and abbreviated terms (2/2) Term Definition Term Definition MDA Maximum distributable amount PAT Profit after tax min. Minimum PBT Profit before tax MREL Minimum requirement for own funds and eligible liabilities PRA Prudential Regulation Authority MTNs Medium-term note
Slide 41: Important notice
CONFIDENTIAL Important notice Forward-looking statements The information included in this document may contain ‘forward-looking statements’ based upon current expectations or beliefs as well as statements formulated with assumptions about future events. Forward-looking statements include, without li