Group Chief Executive Officer

Update

3 November 2021

OCBC Financial Results

Disclaimer: This presentation should be read as an overview of OCBC's current business activities and operating environment which may contain statements relating to OCBC's growth strategy and future business aspirations. These statements involve risks and uncertainties and should not be solely relied upon by investors or potential investors when making an investment decision. OCBC Bank accepts no liability whatsoever with respect to the use of this document or its content.

Positive Global Economic Outlook in 2022

Regional recovery underpinned by improved macro fundamentals

  • Broad economic recovery expected across ASEAN and China
  • Increasing vaccination rates and improving Covid-19 situation in our key markets
  • Gradual opening of travel lanes to boost economic activity
  • Rising demand for sustainable financial solutions from increased focus on climate change
  • Remain watchful of near-term headwinds, such as power crunch concerns and supply chain disruptions

2

Driving Our Strategic Priorities

Making strong headway in our future growth trajectory

  • Capture rising Asian wealth flows
  • Support increasing ASEAN-Greater China trade and investment flows
  • Drive transition to a sustainable low carbon world
  • Accelerate digital transformation

3

Capturing Rising Asian Wealth Flows

Singapore and Hong Kong hubs with compelling digital propositions

  • Capture growth from China's Wealth Management Connect Scheme
    • Partnered Ping An Bank to provide two-way wealth management services in the Greater Bay Area
  • Strengthen private banking hub capabilities across Singapore, Hong Kong, Dubai and London
  • Acquire and deepen wallet share through partnerships, group collaboration and cross-sell
  • Align Group Wealth Platform across consumer and private banking to deliver scalable growth
  • Advance digitalisation and enhance product capabilities

+6%

YoY Growth 30 Sep 2021

+13%

YoY Growth 30 Sep 2021

Record High

9M21 WM income and fees

Bank of Singapore

AUM

Premier &

Premier Private

Client AUM

4

Powering Growth in ASEAN-Greater China

Support increasing trade and investment flows through strong network capabilities

  • Twin-Hubregional model: Singapore and Hong Kong
  • Put in place regional coverage model
  • Enhance Greater China transaction banking and investment banking to support inbound and outbound clients
  • Strengthen talent pipeline and management bench strength
  • Unlock value from new economy and high-growth industries across the region to grow loans and fees

+12%

22%

YTD 2021 Greater China

9M21 Greater China

Loan growth

Op. Profit contribution

5

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OCBC - Oversea-Chinese Banking Corporation Ltd. published this content on 02 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2021 23:21:03 UTC.