CEO Slides

3Q 2021 -

Building upon growth momentum

CEO's Remarks

Wee Ee Cheong

Deputy Chairman and Chief Executive Officer

For the Third Quarter ended 30 September 2021

Private and Confidential. Disclaimer: This material that follows is a presentation of general background information about UOB's activities current at the date of the presentation. It is information given in summary form and does not purport to be complete. It is not to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. This material should be considered with professional advice when deciding if an investment is appropriate. UOB accepts no liability whatsoever with respect to the use of this document or its content.

3Q21 profit rose 4% QoQ to S$1.05b

Healthy loan growth and sustained fee income, coupled with lower credit allowance

• Income up 1% to S$2.45 billion
• Loans grew 3% to S$306 billion
• Fee income stable at S$589 million
• Net interest margin steady at 1.55%
• Cost-to-incomeratio unchanged at 43.7%
• Portfolio remains resilient and well-secured
• Return on equity rose to 10.4%

2

Leveraging regional connectivity and diversified customer franchise

• Increase in cross-border income on continued China-ASEAN trade and investments

+6%1	Cross-border income
Contributing 30% of Group Wholesale Banking income

• Steadfast in long-term commitment to supporting customers

Helpingbusinessestoexpandregionally

andconsumerstogrowtheir wealth

Best SME Bank in the World

• Sustained growth in wealth management AUM

+6%2	AUM
S$137b under wealth management franchise3

1	Year-on-year growth as at end-Aug 2021.
2	Year-on-year growth as at end-Sep 2021.
3	Refers to Privilege Banking, Privilege Reserve and Private Bank.	3

Accelerating innovation with progressive solutions

Scaling presence through	Expanding suite of		Creating Web3.0
unified UOB TMRW	wealth solutions	ecosystem collaborations
Singapore launch - October 2021	>80%2
	SimpleInvest customers
	new to wealth products
		•	Data infrastructure
		•	Distributed ledger
		•	Asset tokenisation

Progressive roll-out in	Examples
ASEAN to reach
>7m
consumers by 20261	Marketnode

Best Wealth Manager for Impact Investing

1 More than double the existing base of digitally-enabled customers

2 As at end-Sep 2021.	4

Ecosystem solutions offering end-to-end financing

S$14b1

Total sustainable financing2

approved

1 As at end 9M21

2 Comprising green loans, sustainability-linked loans and loans for green certified buildings.

160,000 tCO2-e1

Contribution to annual avoided

greenhouse gas emissions

S$7b1

Total AUM in

ESG-focused investments

5