2025 Third Quarter Pillar 3 Disclosure

1. The capital adequacy ratios of the Group and of the Bank below are disclosed pursuant to the requirements of Bank Negara Malaysia ("BNM")'s Risk Weighted Capital Adequacy Framework (Basel II) - Disclosure Requirements (Pillar 3):

   Group
   30 September	31 December
   2025	2024

   Bank
   30 September	31 December
   2025	2024

   Before deducting dividends *

   Common Equity Tier I ("CET I")

   capital ratio

   Tier I capital ratio

   Total capital ratio

   14.867%	11.884% 13.046%
   14.884%	11.884% 13.046%
   17.682%	14.789% 16.065%

   13.810% 13.826%

   After deducting dividends *

   CET I capital ratio

   Tier I capital ratio

   Total capital ratio

   16.543%

   11.884% 12.245%

   11.884% 12.245%

   14.789% 15.264%

   13.810% 14.256% 13.826% 14.273% 16.543% 17.071%

   * Refer to dividends declared subsequent to the financial period / year end.

   Group
   30 September	31 December
   2025	2024
   RM'000	RM'000

   Bank
   30 September	31 December
   2025	2024
   RM'000	RM'000

   Components of CET I, Tier I
   and Tier II capital:
   CET I / Tier I capital:
   Share capital	9,417,653	9,417,653	9,417,653	9,417,653
   Other reserves	1,311,602	1,665,389	619,082	585,100
   Retained profits	43,620,848	44,554,530	33,295,384	34,566,495
   Treasury shares	(434,752)	(434,752)	-	-
   Qualifying non-controlling interests	582,817	617,318	-	-
   Less: Goodwill and other
   intangible assets	(2,718,899)	(2,799,350)	(695,393)	(695,393)
   Less: Deferred tax assets, net	(448,427)	(540,530)	(273,314)	(344,672)
   Less: Defined benefit pension fund
   assets	(31,875)	(52,642)	(31,140)	(51,915)
   Less: Investment in banking / insurance
   subsidiary companies and
   associated companies deducted
   from CET I capital	(454,312)	(457,302)	(8,693,261)	(8,693,261)
   Total CET I capital	50,844,655	51,970,314	33,639,011	34,784,007
   Qualifying CET I and additional
   Tier I capital instruments
   held by third parties	57,490	59,462	-	-
   Total Tier I capital	50,902,145	52,029,776	33,639,011	34,784,007

   a)	The capital adequacy ratios of the Group and of the Bank (continued):

   Group
   30 September	31 December
   2025	2024
   RM'000	RM'000

   Bank
   30 September	31 December
   2025	2024
   RM'000	RM'000

   Tier II capital:

   Stage 1 and Stage 2 expected

   credit loss allowances

   Qualifying regulatory reserves#

   Subordinated notes

   Qualifying CET I and additional

   Tier I and Tier II capital

   instruments held by third parties

   Others

   Total Tier II capital

   2,928,644

   1,236,882

   4,962,282

   3,169,049

   788,356

   4,962,162

   2,063,748

   1,162,240

   4,997,282

   2,275,175

   776,999

   4,997,162

   725,521	714,379	-	-
   148,401	148,401	-	-
   10,001,730	9,782,347	8,223,270	8,049,336

   Total capital 60,903,875 61,812,123 41,862,281 42,833,343

   #Excludes regulatory reserves restricted from Tier II capital of the Group of RM780,012,000 (2024 : RM803,079,000) and of the Bank of RM352,136,000 (2024 : RM486,014,000) respectively.

   In arriving at the total capital of the Group and of the Bank above, the dividends declared subsequent to the financial period / year end were not deducted.

   The capital adequacy ratios of the Group consist of total capital and risk-weighted assets derived from consolidated balances of the Bank and its subsidiary companies. The capital adequacy ratios of the Bank consist of total capital and risk-weighted assets derived from the Bank and from its wholly-owned offshore banking subsidiary company, Public Bank (L) Ltd.

   BNM's Capital Adequacy Frameworks ("CAF") on Operational Risk and Exposures to Central Counterparties Policy Documents came into effect on 1 January 2025. CAF on Operational Risk sets out the capital requirements based on a single risk-sensitive Standardised Approach, superseded previously adopted Basic Indicator Approach. In addition, the CAF on Exposures to Central Counterparties provides guidelines on capital requirements to manage the risks arising from exposures to central counterparties.

   The total risk-weighted assets of the Group and of the Bank are computed based on the following approaches:

   (i) Credit Risk: Standardised Approach;

   (ii) Market Risk: Standardised Approach; and

   (iii) Operational Risk: Standardised Approach (2024: Basic Indicator Approach).

   a)	The capital adequacy ratios of the Group and of the Bank (continued):

   Regulatory capital requirements

   The capital adequacy ratios of the Group and of the Bank are computed in accordance with BNM's CAF on Capital Components, Basel II - Risk-Weighted Assets, Operational Risk and Exposures to Central Counterparties.

   The minimum regulatory capital adequacy ratios before including capital conservation buffer ("CCB"), countercyclical capital buffer ("CCyB") and higher loss absorbency ("HLA") requirement for CET I capital ratio, Tier I capital ratio and total capital ratio are 4.5%, 6.0% and 8.0% respectively.

   Banking institutions are also required to maintain a CCB of 2.5% and a CCyB above the minimum regulatory capital adequacy ratios. A CCyB is required to be maintained if this buffer is applied by regulators in countries which the Group and the Bank have exposures to, determined based on the weighted average of prevailing CCyB rates applied in those jurisdictions. The Group and the Bank have applied CCyB on their private sector credit exposures outside Malaysia in line with the respective jurisdictions' requirement to maintain their CCyB. The CCyB is not a requirement for exposures in Malaysia yet but may be applied by regulators in the future.

   HLA requirement is applicable to financial institutions designated as domestic systemically important banks ("D-SIBs"). Arising from this, the Group which is designated as a D-SIB by BNM is required to maintain an additional capital buffer of 0.5% to the regulatory capital requirements in line with the BNM's D-SIB Framework.

2. The breakdown of risk-weighted assets by each major risk category of the Group and of the Bank is as follows:

* Refer to dividends declared subsequent to the financial period / year end.

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1The risk-weighted assets of Public Islamic Bank Berhad ("PIBB") are computed based on Standardised Approach for Credit Risk, Market Risk and Operational Risk. The capital adequacy ratios are computed in accordance with BNM's CAF for Islamic Banks which cover Capital Components, Risk-Weighted Assets, Operational Risk and Exposures to Central Counterparties. With effect from 1 January 2025, the Standardised Approach has replaced the Basic Indicator Approach for Operational Risk. The minimum regulatory capital adequacy requirements before including CCB and CCyB for CET I capital ratio, Tier I capital ratio and total capital ratio are 4.5%, 6.0% and 8.0% respectively. PIBB is required to maintain a CCB of 2.5% and a CCyB if this buffer is applied by regulators in countries which PIBB has exposures to.

2The risk-weighted assets of Public Investment Bank Berhad ("PIVB") are computed based on Standardised Approach for Credit Risk, Market Risk and Operational Risk. The capital adequacy ratios are computed in accordance with BNM's CAF which cover Capital Components, Risk-Weighted Assets, Operational Risk and Exposures to Central Counterparties. With effect from 1 January 2025, the Standardised Approach has replaced the Basic Indicator Approach for Operational Risk. The minimum regulatory capital adequacy requirements before including CCB and CCyB for CET I capital ratio, Tier I capital ratio and total capital ratio are 4.5%, 6.0% and 8.0% respectively. PIVB is required to maintain a CCB of 2.5% and a CCyB if this buffer is applied by regulators in countries which PIVB has exposures to.

3The risk-weighted assets of Public Bank (L) Ltd are computed based on the Standardised Approach for Credit and Market Risk and the Basic Indicator Approach for Operational Risk. The capital adequacy ratios are computed in accordance with the Banking Capital Adequacy Framework - Guidelines on Capital Components and Risk Weighted Assets issued by the Labuan Financial Services Authority. The minimum regulatory capital adequacy requirements for CET I capital ratio, Tier I capital ratio and total capital ratio are 4.5%, 6.0% and 8.0% respectively.

4These two subsidiary companies have adopted the Standardised Approach for Credit Risk, Market Risk and Operational Risk. With effect from 1 January 2025, the Standardised Approach has replaced the Basic Indicator Approach for Operational Risk for Public Bank (Hong Kong) Limited. The capital adequacy ratios of these two subsidiary companies are computed in accordance with the provisions of the Banking Ordinance relating to Basel III capital standards and the Banking (Capital) Rules. These two subsidiaries are required to maintain a CCB of 2.5% and a CCyB of 0.5% as imposed by Hong Kong Monetary Authority to their private sector exposures in Hong Kong.

5With effect from 1 January 2025, the capital adequacy ratio of Cambodian Public Bank Plc ("Campu Bank") are calculated in accordance with its local regulatory requirements which is determined by dividing regulatory capital by its total risk-weighted assets (comprise of credit risk, market risk and operational risk). The minimum regulatory capital adequacy requirements for CET I capital ratio, Tier I capital ratio and total capital ratio are 8.0%, 11.0% and 15.0% respectively. Campu Bank is required to maintain a CCB of 1.25% as imposed by National Bank of Cambodia. Prior to 1 January 2025, Campu Bank maintained a solvency ratio which is derived by dividing Campu Bank's net worth by its risk-weighted assets and off-balance sheet items. The minimum regulatory Tier 1 capital ratio and solvency ratio requirements were 7.5% and 15.0% respectively.

6The amount presented here is the capital adequacy ratio of Public Bank Vietnam Limited ("PBVN") and is computed in accordance with its local regulatory requirements. The ratio is derived as PBVN's capital divided by its risk-weighted assets for credit risk, market risk and operational risk. The minimum regulatory capital adequacy ratio requirement is 8.0%.