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Leading the Way Leading The Bank of America Merrill Lynch 17th Annual Banking and Insurance CEO Conference 2012 Jaspal Bindra Group Executive Director and CEO Asia Leading the way In Asia, Africa and the Middle East Forward looking statements This document contains or incorporates by reference ‘forward-looking statements’ regarding the belief or expectations of the Company, the Directors and other members of its senior management about the Group’s strategy, businesses, performance and the matters described in this document. Generally, words such as ‘‘may’’, ‘‘could’’, ‘‘will’’, ‘‘expect’’, ‘‘intend’’, ‘‘estimate’’, ‘‘anticipppate’’, ‘‘believe’’, ‘‘plan’’, ‘‘seek’’, ‘‘continue’’ or similar exp ressions are intended to identif y forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. They are not guarantees of future performance and actual results could differ materially from those contained in the forward-looking statements. Forward-looking statements are based on current views, estimates and assumptions and involve known and unknown risks, uncertainties and other factors, many of which are outside the control of the Group and are difficult to predict. Such risks, factors and uncertainties may cause actual results to differ mat eri all y f rom any f ut ure result s or d evel opment s expressed or i mpli ed f rom th e forwar d-lkittlooking statemen tShikts. Such risks, factors and uncertainties include but are not limited to: changes in the credit quality and the recoverability of loans and amounts due from counterparties; changes in the Group’s financial models incorporating assumptions, judgments and estimates which may change over time; risks relating to capital, capital management and liquidity; risks arising out of legal and regulatory matters, investigations and proceedings; operational risks inherent in the Group’s business; risks arising out of the Group’s holding company structure; risks associated with the recruitment, retention and development of senior management and other skilled personnel; risks associated with business expansion and engaging in acquisitions; global macroeconomic risks; risks arising out of the dispersion of the Group’s operations, the locations of its businesses and the legal, political and economic environment in such jurisdictions; competition; risks associated with banking and financial services legislation, regulations ppg;golicies and guidelines; changes in the credit rating s or outlook for the Grou p;,,yp,qp; market, interest rate, commodity prices, equity price and other market risk; foreign exchange risk; financial market volatility; systemic risk in the banking industry and other financial institutions or corporate borrowers; cross-border country risk; risks arising from operating in markets with less developed judicial and dispute resolution systems; risks arising out of regional hostilities, terrorist attacks, social unrest or natural disasters and failure to generate sufficient level of profits and cash flows to pay future dividends. AfAny forwar d-loo king s ta temen t con tai ne d in this documen t is base d on pas t or curren t tren ds an d/or acti v ities of th e Company and should not be taken as a representation that such trends or activities will continue in the future. No statement in this document is intended to be a profit forecast or to imply that the earnings of the Company and/or the Group for the current year or future years will necessarily match or exceed the historical or published earnings of the Company and/or the Group. Each forward-looking statement speaks only as of the date of the particular statement. Except as required by any applicable law or regulations, the Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. 1 Who we are Over 150 year heritage 1,700 offices in 70 markets Over 86,000 employees Around 90% of profit from Asia, Africa and Middle East Primary listings in London, Hong Kong & Mumbai CditCredit ratings AA- / AA- / A1 (Fitch / S&P / Moody’s respectively) Lead regulated by the UK Financial Services Authority Market cap: US$53.6bn (as at 29 August 2012) 2 Our strategy Unique network, leading the way in Asia, Africa Geographic focus and the Middle East Primarily focused on organic growth supplemented Orggganic growth by capa bility acqui siti ons Building deep, long-term, multi product relationships Customers and clients with customers and clients, offering products and capability they need and want Operating as ‘One Bank’ acting consistently across Culture and values multiple geographies, products and segments Conservative and disciplined approach Basics of banking to risk management, capital and liquidity, and costs 3 Consistent financial performance Consistent delivery Geographically diverse 5yr (()US$bn) Income (()US$m) CAGR Hong Kong 13% 10 24% 9 Singapore CAGR 8 15% Korea 3% 7 CAGR Other 20% 10% 6 Asia Pacific 5 India 7% 4 11% 3 MESA 2 Africa 16% 1 Americas 28% 0 H102 H103 H104 H105 H106 H107 H108 H109 H110 H111 H112 UK & Europe Income Profit before tax H1 06 H1 12 4 Our markets GDP growth The growing share of the % emerging economies 12 Nominal GDP, US$tn 70 World 10 60 Advanced China 50 8 India EiEmerging 40 6 ASEAN-5 Sub-Saharan Afr ica 30 4 US 20 2 Eurozone 10 0 0 2010 2011 2012F 2013F 2014F 2015F 2016F 2017F 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 Source: IMF, July 2012 Sources: Standard Chartered Research, Global Focus - 2012 5 Standard Chartered in Asia H1 12 Group income H1 12 Asia income US$9.5bn US$6.6bn Other APR Hong Rest of 18% Kong 26% Group Taiwan 7% 31% Asia China 8% 69% India Singapore 12% 18% Korea 14% Standard Chartered across Asia Contribution to Group Distribution and capability Around 70% of income and profit Over 1, 100 branches across 20+ markets Around 75% of customer loans Regional hubs in Hong Kong and Singapore and deposits Market leader in offshore RMB Around 80% of employees Fac ilitati ng tra de an d inves tmen t be tween As ia and the rest of the world 6 Diversity a differentiator Our diversity across geographies, businesses and products ... Hong Kong Singapore Korea India 11% 1,688 10% -4% 1,223 1,162 10% 883 950 904 705 790 H1 09 H1 12 H1 09 H1 12 H1 09 H1 12 H1 09 H1 12 Other APR China Malaysia Taiwan 1,993 10% 1,514 10% 11% 1% 494 372 270 370 270 282 H1 09 H1 12 H1 09 H1 12 H1 09 H1 12 H1 09 H1 12 ... gives us resilience to absorb softness in any individual market without compromising the Group’s ability to grow 7 Future growth opportunities South East Asia – particularly Malaysia, Thailand and Indonesia Cross-bdborder tdtrade an did inves tmen tiWhlt in Wholesa lBle Ban king Regional wealth in Consumer Banking Islamic finance and banking Greater China – China, Hong Kong and Taiwan Continued RMB internationalisation Mainland Chinese Wealth Management Trade corridors with Africa and rest of Asia India Expand breadth and connectivity of client relationships Increased product capabilities and cross-sell Non Resident Indian opportunity and chosen High Value Segments 8 Focused on the basics of banking Capital Liquidity 18.4 17.9 17.6 15.5 16.9 Net interbank lending US$bn 30.1 4.4 4.0 3.9 3.5 4.3 23.8 2.2 2.0 1.9 1.8 2.2 Tier 1 12.4 11.8 11.9 11.8 11.6 13. 4 9.0 H1 10 H2 10 H1 11 H2 11 H1 12 2009 2010 2011 Core Tier 1 Tier 2 and Tier 3 Risk 40.0% Costs 140 Loan impairment bps of Loans and advances to customers 35. 0% 120 30.0% 25.0% 100 20.0% 80 15.0% 10.0% 60 5.0% 40 0.0% 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 H112 20 -5.0% -10.0% 0 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 07 07 08 08 09 09 10 10 11 11 12 Income growth Cost growth 9 Conclusion Uniqqpue footprint and ex posure to diverse and fast- growing economies Sustained and consistent track record Foundations of the Group in excellent shape through our focus on the basics of banking On track to deliver on our full year financial objectives 10 QQ& & A 11.
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