East West Bancorp: 2025 Semiannual Statement

(Incorporated with limited liability under the laws of California, United States of America)

East West Bank Hong Kong Branch

Financial Disclosure Statement

for the six months ended June 30, 2025

(Incorporated with limited liability under the laws of California, United States of America)

Hong Kong Branch

Financial Disclosure Statement for the six months ended June 30, 2025

Principal activities

EWB Hong Kong Branch ("Branch") provides a range of banking, financial and related services, including commercial banking, wealth management and transactional banking services.

Statement of Compliance

I certify that the information disclosed in this statement is prepared in compliance with the Banking (Disclosure). Rules issued by the Hong Kong Monetary Authority ("HKMA") and, to the best of my knowledge and belief, it is not false or misleading in any material respect.

September 29, 2025

Disclosure Statement Available to The Public

copies of the Disclosure Statement can be obtained from the reception of East West Bank, Hong Kong Branch on Suite 1108, 11/F., Two International Finance Centre, 8 Finance Street, Central, Hong Kong.

A copy of the Disclosure Statement has been lodged with the Hong Kong Monetary Authority's Public Registry and our website https://investor.eastwestbank.com/financial-informaOon/regulatory-disclosures/default.aspx for public inspection.

Financial Disclosure Statement

Section A - Hong Kong Branch Information

1. Income statement

For the six months ended

June 30, 2025 June 30, 2024 HKS000 HKS000

Interest income Interest expense Net interest income

Fees and commission income Fees and commission expenses Net fees and commission income

Gains less losses arising from trading in foreign currencies

Gains less losses arising from non-trading activities in foreign currencies Income from investments held for trading

Other operating income

Total operating income before impairment losses and provision

490,151 f250,786) 239,365

16,705

5,827

756

17,656

12Z14

225

1

16,871

14,880

(1,858) (1fi43)

TS,m7

23,288

453,289 t<6,671) M6,618

30,096

(Iricrease)/ decrease of provision of impairment losses on loans and receivables (5,901) 3,738

Net operating income

Staff and rental expenses

Other expenses

Total operating expenses Profit before taxation

27'1,765

(53,201)

(13,548)

(66,749)

201,239

273,489

206,740

Tax expense

(32,526) t33,928)

Profit after taxation

168,Z13

172,812 ;

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Financial Disclosure Statement

Section A - Hong Kong Branch Information

3. Additional balance sheet information

1. Loans and advances to customers

   June 30, 2025 Deceazber 31, 2024

   	HK$000	HK$000
   Gross amount of loans to customers by geographic area: - Hong Kong	5,066,303	4,798,583
   - Mainland China	2,228,584	1,695,005
   - Singapore	558,613	714,812
   - Cayman Islands	169,055	74,821
   - British Virgin Island	117,749	116,471
   - Japan	38,169
   - United States	23,550	23,294
   - Mauritius		100,942
   - Taiwan	12,870	12,730
   	8,214,893	7,536,658
   Trade bills	37,676
   Total loans and advances to customers	8,252,569 7,536,658
   Less : Impairment allowances for impaired loans and advances
   - individual impairment allowances
   - collective impairment allowances
   	8,166,708 7,457.565

   The individual impairment allowances are treated as specific provisions at the EWB Head office ("EW8HO"). Moreover, additional individual impairment allowances and country risk provisions are made by the EWBHO against the exposures of the Hong Kong Branch on a monthly basis.

   Impairment allowances made by the EWBHO against the exposure of the Branch as follows:

   June 30, 2025 December 31, 2024

   HK$000' ' HK$000

   • individual impairment allowances

   • collective impairment allowances

     81,251

     58,957

   • country risk provisions

     Gross value of assets against which individual impairment allowances have been made

     36,057 35,885

     
     
     

     117,308 94,842

     4

     
     
     Financial Disclosure Statement Section A - Hong Kong Branch Information
2. Overdue loans and advances to customers

   Gross amount of loans and advances to customers which are more than one month overdue and their expression as a percentage of its total amount of loans and advances to customers are as follows:

   June 30, 2025 December 31, 2024

   Hong Kong:

   • more than 1 month but not more than 3 months

   • more than 3 months but not more than 6 months

   • more than 6 months but not more than one year

   • more than one year

   • individual impairment allowances

   • covered portion of overdue loans and advances

   • uncovered poraon of overdue loans and advances

   • current market value of collateral held against the covered portion of overdue loans and advances

3. Impaired loans and advances to customers

HKS000

0.00

0.00

0,00

0 00

0.00

HK$000

{une 30, 2025

HK$000

0A0

0.00

0A0

0.00

0.00

I-fX$000'

, June 30, 2025 December 31, 2024

Gross impaired loans and advances Individual impairment allowances Net impaired loans and advances

Gross impaired loans and advances as a percentage of gross loans and advances to customers

Individual impairment allowances as a percentage of gross impaired loans and advances

HK$000

0.00%,

0.00$«

HKS000' 372,647

372,647

4.94'/» ,

0.00%

Current market value of collateral related to impaired loans and advances 297,648

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financial Disclosure Stateotent

Section A - Hong Kong Branch Information

(d} Rescheduled loans and advances to customers

Rescheduled loans and advances to customers excluding those which have been overdue for more than 3 months and their expression as a percentage of its total amount of loans and advances to customers are as follows:

June 30, 2025 Deceotber 31, 2024

HK$000

Rescheduled loans and advances to customers

June 30, 2025 Deceotber 31,2024

HK6000

The percentage covered by collateral

HK$000

The percentage covered by collateral

%

Loans for use outside Hong Kong

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The analysis of non-bank Mainland exposures are identified in accordance with the Completion Instruction for the "Return of Mainland Activities" issued by the HKMA.

}une30,2025

HK8000

1. Central government, central government-owned entities and their subsidiaries and joint ventures ("JVs™)

2. Local governments, local goverrunent-owned entities and their subsidiaries and JVs

3. PRC nationals residing in Mainland China or other entities incorporated

On-balance sheet exposure

120,439

Off-balance sheet exposure

TOP

120,439

Dece0tber 31, 2024

II $oo0

1. Central government, cenaal government-owned entities and their subsidiaries and JVs

2. Local governments, local government-owned enaties and their subsidiaries and JVs

3. PRC nationals residing in Mainland China or other entities incorporated

   On-balance sheet exposure

   119,629

   Off-balance sheet exposure

   Total

   119,629

   in Mainland China and their subsidiaries and JVs	357,820	246,203	604,023
   4. Other entities of central governments not reported in item 1 above	155,876		155,876
   outside Mainland China where the credit is granted for use in Mainland China	507,850	1,029,560	1,537,410
   7. Other counterparties where the exposures are considered by the reporting
   institution to be non-bank Mainland China exposures	1,776,016	787,192	2,563,208
   Total	2,917,191	2,062,955	4,980,146
   total assets after provisions	19,200,534
   Tn-balance sheet exposures as percentage of total assets	15.19%

   1. Other entities of local governments not reported in item 2 above

   2. PRC nationals residing outside Mainland China or entities incorporated

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   Financial Disclosure Statement

   Section A - Hong Kong Branch Information

4. International claims

International claims are on-balance sheet exposures of counterparties based on the location of the counterparties after taking into account the transfer of risk. For a claim guaranteed by a party situated in a country different from the counterparty, risk will be transferred to the country of the guarantor. For a claim on the branch of a bank or other financial institution, the risk will be bansferred to the country where its head office is situated. Claims on individual countries and territories or areas, after risk transfer, amounting to 10*/» or more of the international claims are as follows:

HKSmillion

private sector

HK$million

December 31, 2024

private sector

8

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The contract amounts of the above instruments indicate the volume of transactions outstanding as of the balance sheet date. They do not represent amounts at risk. The above instruments are used for position squaring or hedging purposes and there are no replacement costs reported.

6. Currency risk

Foreign currency exposures with net position (in absolute terms) constitutes 10% or more of the total net positions in all foreign currencies are disclosed.

{une 30 2025

Net long position

1 7 9

Net structural position - -

Deceotber 31, 2024

HX$m II on