Slides
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Disclaimer: The contents of this document/information remain the intellectual property of Maybank and no part of this is to be reproduced or transmitted in any form or by any means, including electronically, photocopying, recording or in any information storage and retrieval system without the permission in writing from Maybank. The contents of this document/information are confidential and its circulation and use are restricted. 27 August 2026 Investor Presentation Financial Results First Half FY2026 ended 30 June 2026 Public
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1 President & Group CEO Presentation Executive Summary 2 - 7
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2 1H FY2026: Building on a Solid First-Half Performance Resilient earnings of RM5.17 bil and ROE of 11.6%, supported by NIM improvement to 2.12% Stronger 2Q NoII and net profit momentum lifted 1H performance Asset quality remained resilient, supported by comfortable LLC coverage Strong capital position and ample liquidity Sustainable dividends support long-term shareholder value creation 1 2 3 4 5
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3 Income RM734.5 bil (2.0)% RM695.9 bil 2.7% 1H FY2026: YoY Financial Highlights Note: 1 NCC is on a 12-months rolling basis. Normalised NCC at 20 bps, excluding provision reclassification for corporate borrower rest ructuring in September 2025 * Closing share price as at 30 June 2026 of RM10.78 Strong Core Earnings • Solid fundamentals underpinned by 2.5% growth in net fund-based income, supported by NIM improvement, and 12.1% growth in core fees RM5.17 bil (0.9)% Net Profit 11.6% 0.1 p.p. ROEResilient Profitability NIM Expansion Supports Income Growth • Margin expansion and strong core fees cushioned softer markets-related income RM14.61 bil (5.1)% 2.12% 0.10 p.p. NIMMargin Stability Solid Capital Position 14.92% 0.24 p.p. Group CET1 18.68% 0.75 p.p. Group TCRCapital Strength First interim dividend of 31 sen per share • 26 sen cash dividend and 5 sen under DRP; payout ratio of 72.5% 31 sen Dividend per Share 5.9% Dividend Yield*Shareholder Returns • Bank CET1 at 14.32% and TCR at 18.25% Excl FX impact: (3.3)% Optimum Balance Sheet Management • Healthy loans growth across key home markets • CASA grew 7.6%, improving CASA ratio to 41.5%, despite lower FD balances Loans Balance Sheet Deposits Excl FX impact: 4.6% Excl FX impact: 0.1% Vigilant Monitoring of Sector Exposures • Asset quality remains manageable, with loan loss coverage (LLC) of 103.1% • Higher GIL from Retail and SME portfolios, alongside isolated corporate accounts in MY & SG Asset Quality 8 bps (16) bps NCC1 1.35% 0.05 p.p. GIL Balanced Cost Management and Technology Investments • Disciplined cost management ahead of increased technology investments Cost management RM7.23 bil (3.9)% Expenses 49.5% 0.6 p.p. CIR
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4 ROAR30: Broad-Based Growth Driving Regional Leadership Global Islamic Finance institution Scaling Islamic Wealth and Takaful through strategic partnerships and the Halal ecosystem to drive AUM and revenue growth Regional wealth manager Increased wealth management fees and Investment AUM driven by customer acquisition, deeper wealth penetration and expanded solutions for HNW and Next-Gen clients Regional transactions and payments bank Higher CASA balances and payment volumes driven by strong digital adoption Regional corporate & investment bank Strong regional franchise momentum driven by robust deal flow, Sukuk leadership and landmark IPOs — Sunway Healthcare and SkyeChip Berhad Small & Medium Enterprises (SME) Data-driven SME growth through deeper relationships and new-to-bank acquisition Our Businesses at Scale Key Achievements (YoY) Islamic CIB Income – MY 3.9% RM 896.8 mil Takaful Net Written Contribution 10.2% RM1,724.7 mil Halal NOC MY, SG, ID 10.7% 184,016 Wealth Fee Income 49.6% RM 925.4 mil Of which, Islamic Investment AUM 23.7% RM 21.9 bil Investment AUM 15.9% RM 95.4 bil Non-retail CASA 12.1% RM 165.5 bil Cross-border Payments Volume 15.8% RM 465.2 bil GTB CASA Ratio 6.9 p.p. 51.8% Non-core Markets CIB Income 5.4 % RM 337.4 mil CIB Fee Income 15.6% RM 1,513.9 mil Financing for SMEs 2.5 % RM63.7 bil Regional Deals 93.4% 118 deals (vs target 61) Borrowing Penetration 1 MY: 20.3% SG: 33.6% ID: 27.6% Note: 1 Borrowing penetration (%) is measured against SME-eligible customers that meet the selected business and credit criteria CASA for SMEs 6.4 % RM66.1 bil
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5 ROAR30 : Advancing our Technology Transformation to Unlock Future Growth Outcome targets are 2030 end-state against a 2025 baseline unless stated OUR PROGRESS ACROSS KEY TECH PILLARS Modernise the Core ▪ Modernising core for regional growth: regional core banking and payments platform. Technology partner selection targeted by end-2026 Modular & cloud-ready 30% faster feature rollout & 20% cheaper RM450mil p.a. in legacy maintenance cost base Enhance Resilience ▪ On track to deliver full active-active-passive capacity across all data centers by end-2026. ▪ Strategic partnerships with ServiceNow and Red Hat to enhance resilience and operational excellence across IT, HR, and customer service. ▪ Foundational guardrails and processes for Cloud in place, with identified workloads migration to complete by end-2026. Always-on banking One of region's most resilient banking infrastructures, with full active-active-passive capacity across all data centers 99.99% Uptime Full Adoption of Cloud and AI ▪ Upskilling 2,100+ employees in AI, cybersecurity and cloud technologies. ▪ AI for all: >20k Maybankers equipped with Copilot, supported by Group-wide AI literacy, targeting >60% adoption of AI and full Copilot roll-out by end-2026. ▪ AI for developers: AI-assisted coding, testing and release across our engineering teams, with ~1,600 developers onboarded. AI innovation engine > 80% adoption of AI 20% - 60% efficiency from key processes Deliver Best in Class UX Creating the Next-Generation (next-gen) Experience: ▪ Introducing next-gen app: One consistent digital experience for customers across the region. Launching in Indonesia by 1Q 2027. ▪ MAE: Expanding product suites and partnerships to drive customer stickiness and wallet share (ie. New deposit product: High Interest Savings Account (HISA) in Aug 2026) ▪ Single payment gateway for merchant: Unifying payment gateways onto a single platform to deepen merchant relationships, expand presence across payment value chain and drive fee income. ▪ M2E-Regional unified business banking platform: Consolidating legacy platforms into an integrated experience, launched in Jun 2026. Unified digital channels 2x Speed-to-market 50% IT cost per transaction (MAE) Estimated Total Investment by 2030 RM10 billion 40% 60% 0.2 CAPEX OPEX RM billion 2030 Outcome 1HFY2026 Actual Tech Spend Near-term investment, Long-term value creation
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6 Delivering Impact via: Driving Measurable Impact Through Sustainability and Sustainable Finance Advancing the Sustainability Agenda Maybank Making Progress Towards Net Zero Ambition PEI across six key sectors as of 2Q FY2026: Below PEI baseline Power Palm Oil Commercial Real Estate Automotive Steel Aluminium 2Q FY2026 339 kgCO2/MWh 1.28 tCO2/tCPO 72.2 kgCO₂/m2 138 gCO₂/vkm 0.80 tCO2/tSteel 3.35 tCO2/tAl Baseline 442 kgCO2/MWh 1.47 tCO2/tCPO 80.5 kgCO₂/m2 150 gCO₂/vkm 0.80 tCO2/tSteel 2.36 tCO2/tAl * Cumulative from FY2021 to 1H FY2026 Note: Carbon emissions targets remain as previously committed; all other targets are derived from the ROAR30 strategy 268,999 Lives 2030 Target: Economically empower 3 million lives Lives Impacted Social Finance RM 12.86 bil 2026 Target: RM18 bil p.a. 2030 Target: RM24 bil p.a. Sustainable Finance RM 31.81 bil 2026 Target: RM49 bil 2030 Target: RM300 bil (cumulative) Carbon Emissions Position 58.9% reduction* 2026 Target: 61% reduction Targets: 2030 (Neutral) 2050 (Net Zero) Named World’s Best Bank for Corporate Responsibility, with additional accolades as Asia’s Best Bank for ESG and Diversity & Inclusion, and ASEAN’s Best Bank for Large Corporates
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7 Healthy Economic Growth Supports Banking Growth 2026 Forecast (f) Previous (f) Current (f) Change (f) GDP 4.4% 5.3% System loans 4.6% 5.1% OPR 2.75% 2.75% - USD/MYR^ 3.85 4.02 Inflation average 2.0% 2.0% - Note: ^End-period Economic outlook • Resilient growth as economy benefits from on-going domestic investment upcycle as well as AI-driven global tech boom and external trade tailwinds Banking outlook • Loans growth driven by domestic economic growth & investment upcycle • NIM pressure likely to persist due to ongoing deposit competition • Credit costs to remain fairly benign amid stable asset quality Economic outlook • Resilient economic growth supported by AI- driven activity, construction, and low interest rates • MAS to maintain monetary policy with a modest currency appreciation bias • Short-term interest rates have bottomed but will remain low on safe-haven inflows Banking outlook • Loan momentum driven by diversified sector demand (construction & property) • AI investments, construction growth and commodity strength support credit demand • NIM headwinds ease; NoII gains from wealth and treasury activity Economic outlook • Economic growth supported by resilient investments, despite ongoing fiscal and current account pressures • BI to hike policy rate by 25bps to 6% by end- 2026 Banking outlook • Projected loans growth supported by stronger working capital and investment loan demand, partly offset by softer consumer lending • Liquidity tightening and intense funding competition, coupled with the Agrinas base effect, may limit loan growth momentum Malaysia Singapore Indonesia 2026 Forecast (f) Previous (f) Current (f) Change (f) GDP 4.2% 5.2% System loan 5.3% 7.0% 3M SORA 1.00% 1.20% USD/SGD^ 1.26 1.29 Inflation average 1.8% 1.7% 2026 Forecast (f) Previous (f) Current (f) Change (f) GDP 5.0% 5.3% System loan 8%-10% 8%-10% - Reference Rate 5.25% 6.00% USD/IDR^ 17,000 17,800 Inflation average 3.3% 3.5% Msia: Economic (GDP, OPR, USD, Inflation) Suhaimi Banking (system loan)Desmond Singapore & Ind (economic outlook): Brian & Hak Bin Singapore & Ind (banking outlook): Thilan Wickramasinghe Indonesia (Banking outlook): Jeffrosenberg Chen Lim (WA)
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8 Group CFO Presentation 1H FY2026 Financial Performance 9 - 18
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9 2Q FY2026: YoY and QoQ Financial Highlights Note: QoQ refers to 2Q FY2026 vs 1Q FY2026; YoY refers to 2Q FY2026 vs 2Q FY2025 Group loans and deposits QoQ growth excluding FX impact are 1.4% and 2.1% respectively RM2.69 bil 8.5% QoQ 2.4% YoY Net Profit 12.0% 0.8 p.p. QoQ 0.4 p.p. YoY ROE 2.10% (0.04) p.p. QoQ 0.10 p.p. YoY NIM 49.1% (0.8) p.p. QoQ (0.2) p.p. YoY CIR RM695.9 bil 1.7% QoQ 2.7% YoY Loans RM734.5 bil 2.1% QoQ (2.0)% YoY Deposits 41.5% 0.4% QoQ 3.7% YoY CASA ratio 1.35% 0.01 p.p. QoQ 0.05 p.p. YoY GIL 103.1% (1.3) p.p. QoQ (14.8) p.p. YoY LLC 14.92% (0.04) p.p. QoQ 0.24 p.p. YoY Group CET1
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10 23.6 4.3 25.423.9 4.6 24.8 Retail Non-Retail Global Banking 31 Dec 25 30 Jun 26 686.5 695.9 279.4 41.3 123.8 285.2 42.3 124.7 Retail Non-Retail Global Banking 47.9 22.6 56.748.2 22.9 59.5 Retail Non-Retail Global Banking Loans YTD Ann. Growth 3.7% 5.6% 0.9% RM billion SGD billion IDR trillion 1.6% 4.1% (4.2)% 12.2% 1.9% 9.7% 2.6% 1.1% CFS: 4.2% CFS: 3.5% CFS: 1.6% 2.7% Malaysia Singapore IndonesiaGroup Note: 1) Group, Malaysia, Singapore and Indonesia loans growth YoY are 2.7%, 5.5%, 3.4% and 4.3% respectively 2) Group loans YoY and QoQ growth excluding FX impact are 4.6% and 1.4% respectively 2.44% 2.15% 2.05% 2.05% 2.12% FY2022 FY2023 FY2024 FY2025 1H FY2026 2.00% 2.02% 2.09% 2.14% 2.10% 2Q'25 3Q'25 4Q'25 1Q'26 2Q'26 Net Fund Based Income RM billion 1.9% Excl FX impact: 4.0% 2Q’26 vs 2Q’25 QTD (Ann.) Trend 5-Year Trend (YTD) Net Interest Margin (NIM) 4.93 5.11 5.03 2Q FY2025 1Q FY2026 2Q FY2026 (1.7)% Excl FX impact: (1.6)% 2Q’26 vs 1Q’26 5.1% 2.5% 9.89 10.14 1H FY2025 1H FY2026 NIM Expansion with Loans Growth Across Home Markets Excl FX impact: 4.7%
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11 2.31 1.88 2.19 0.03 0.02 0.09 0.41 0.09 0.21 2Q FY2025 1Q FY2026 2Q FY2026 Core NoII Insurance Funding and others 4.43 4.07 0.04 0.11 1.04 0.29 1H FY2025 1H FY2026 35.8% 30.6%35.8% 28.0% 33.1% ▪ Core fees1 grew by 12.1%, supported by wealth and IB related fees ▪ Wealth management fees rose 48.4%, driven by higher investment and bancassurance income ▪ Higher IB related fees supported by strong ECD and ECM performance ▪ GM income declined 41.9%, mainly due to lower trading income, partially offset by higher GM sales ▪ Higher insurance income mainly attributable to gains from the disposal of equity portfolio investments Non-Interest Income (NoII) & NoII to Income % RM billion 1.99 (9.6)% 2Q’26 vs 2Q’25 25.0% 2Q’26 vs 1Q’26 2.75 1H FY2026 YoY Performance 5 Relates to Insurance and Takaful NoII excluding NII. Full analysis of Insurance and Takaful on page 12 6 Includes FX Revaluation, financial impact from FVTPL financial liabilities and related hedges 1 Core fees comprise wealth, IB, banking related fees and GM sales (excl trading income) 2 Comprises investment banking and advisory services and securities broking business 3 Consists of commission, service charges and loan related fee 4 Relates to treasury activities & services (FX, fixed income, money market, derivatives & bonds) 2.49 Note: (18.8)% 5.51 4.47 Strong Core Fees Amid Market Volatility RM billion / % change 1H FY2026 1H FY2025 YoY 2Q FY2026 1Q FY2026 QoQ 2Q FY2025 YoY Core NoII: 4.07 4.43 (8.2)% 2.19 1.88 16.4% 2.31 (5.3)% i. Wealth fees 0.93 0.62 48.4% 0.49 0.44 11.6% 0.30 61.5% ii. IB related fees2 0.75 0.52 43.2% 0.44 0.31 43.6% 0.28 58.4% iii. Banking related fees3 1.40 1.58 (11.0)% 0.80 0.59 34.4% 0.78 2.6% iv. Global markets4 (GM) 0.99 1.71 (41.9)% 0.46 0.54 (15.1)% 0.95 (51.9)% Insurance5 0.11 0.04 >100% 0.09 0.02 >100% 0.03 >100% Funding and others6 0.29 1.04 (71.7)% 0.21 0.09 >100% 0.41 (48.8)%
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12 107.95 136.27 99.16 156.24 1H 2025 1H 2026 301.72 225.62 151.72 214.14 1H 2025 1H 2026 439.77 361.23 304.13 204.56 334.17 1H 2025 1H2026 638.30 Stronger Investment Income Cushions Underwriting Pressure Group Insurance & Takaful 12.8% 565.79 Underwriting Income (3.0)% 453.45 292.51 Investment Income 41.2% • PBT increased on higher investment income driven by improved equity market conditions but was moderated by lower income from underwriting • Underwriting income dropped due to higher claims experience in Malaysia’s Life & Family Takaful business but was moderated by higher underwriting surplus from the General Insurance & Takaful business • Etiqa maintained strong market position, ranking No. 1 in the General Insurance & Takaful (Gross Premium), and No. 4 in the Life & Family (New Business) in Malaysia o Contributors: Key Drivers Premium GWP* NAP# Life/Family Takaful, of which: ▲ 14.0% ▲ 23.4% Single Premium ▲ 13.0% ▲ 13.0% Regular Premium – New Business ▲ 6.3% ▲ 6.3% Regular Premium – Renewals ▲ 36.4% ▲ 36.4% General Insurance/Takaful, of which: (9.7)% ▲ 7.6% Fire (22.6)% ▲ 22.0% Motor ▲ 6.4% ▲ 7.3% * Gross written premium # Net adjusted premium RM million RM million RM million General Insurance / Takaful Life / Family Takaful PBT Note: 1 Profit Before Tax is based on Bursa segmental report before zerorisation of Head Office expenses 2 Further financial information and analysis of Insurance and Takaful on page 43 207.11Underwriting income and investment income at net position from GFC deck; CRS (FR) is at gross level
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13 2.25 2.06 2.10 0.59 0.65 0.70 0.16 0.14 0.12 0.78 0.69 0.77 2Q FY2025 1Q FY2026 2Q FY2026 Personnel Costs Establishment Costs Marketing Expenses Administration & General Expenses 49.3% 49.9% 49.1% CIR and Costs 4.1% 2Q’26 vs 1Q’26 (2.5)% 2Q’26 vs 2Q’25 % change 2Q FY2026 vs 2Q FY2025 (YoY) 2Q FY2026 vs 1Q FY2026 (QoQ) 1H FY2026 vs 1H FY2025 (YoY) 1H FY2026 YoY Performance Personnel (6.9)% 1.6% (6.6)% Cost management across staff-related costs Establishment 18.6% 7.8% 13.2% Higher IT expenses related to technology initiatives Marketing (21.9)% (11.5)% (20.0)% Lower gift points and advertisement expenses Administration & General (1.8)% 11.0% (5.9)% Lower credit card related fees and professional fees RM billion 3.79 3.55 3.69 4.45 4.16 1.19 1.35 0.33 0.26 1.56 1.46 1H FY2025 1H FY2026 48.9% 49.5% (3.9)% 7.53 Disciplined Cost Management Ahead of Increased Technology Investments 7.23
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14 66.6 78.8 49.4 45.2 Dec 25 Jun 26 19.8 20.9 40.6 40.3 Dec 25 Jun 26 208.5 213.5 173.1 168.0 99.4 100.3 Dec 25 Jun 26 296.0 304.8 339.5 333.2 95.5 96.5 Dec 25 Jun 26 Others Fixed Deposit CASA 13.7% 116.0 RM billion IDR trillion Indonesia (IDN) 2.5% Singapore (SG)Malaysia (MY) 61.260.4 SGD billion 481.8481.0 1.0% Group 734.5731.0 124.0 CASA Ratio 0.3% Broad-Based CASA Growth Drives Higher Group CASA Ratio of 41.5% 138.1% 133.3% 130.0% 117.3% 113.3% 113.4% 90.2% 94.9% 94.7% Jun 25 Mar 26 Jun 26 LCR NSFR LDR Liquidity IndicatorsDeposits YTD Ann. Growth Note: 1) Group deposits YoY and QoQ growth excluding FX impact is 0.1% and 2.1% respectively 2) Malaysia and Indonesia deposits grew 3.3% and 8.1% YoY respectively while Group and Singapore declined 2.0% and 8. 3% YoY respectively 3) BNM’s minimum LCR and NSFR requirements are 100%; LCR is on a 12-months rolling average based on Bank Negara’s guidelines on liquidity risk disclosure 4) LDR excludes loans to banks and FIs 32.8% 34.2%43.1% 44.0% 57.4% 63.5%40.5% 41.5% (3.7)% 4.8% 1.9% (1.7)% 11.1% (17.0)% 36.5% 2.2% 6.0% (5.9)%
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15 0.81 0.80 1H FY2025 1H FY2026 5.05 5.95 6.06 0.59 0.47 0.561.33 1.17 1.13 Jun 25 Mar 26 Jun 26 Malaysia Singapore Indonesia 0.33% 0.28% 0.32% 1.18% 1.33% 1.34% 4.02% 3.85% 3.66% 6.42 6.48 6.47 0.24 0.27 0.25 2.16 2.45 2.64 Jun 25 Mar 26 Jun 26 Impaired Due to Judgmental/ Obligatory Triggers (IPL) Restructured & Rescheduled (R&R) Non Performing Loans (NPL) Gross Impaired Loans (GIL) • MOA increased to RM2.6bil (1Q 2026: RM2.4bil) to address macro pressure arising from geopolitical tension, and additional overlay for retail model limitations, allocated 61% (Retail & SME); 39% (Commerial/Corporate borrowers) • Group GIL ratio increased to 1.35% due to selected corporate accounts and incremental contributions from retail and SME portfolios Loan ECL, NCC and LLC P&L ECL (RM billion) 0.42 0.48 0.31 2Q FY2025 1Q FY2026 2Q FY2026 (26.0)% 2Q’26 vs 2Q’25 (35.3)% 2Q’26 vs 1Q’26 Reported NCC 1 24 bps 10 bps 8 bps 24 bps 8 bps Normalised NCC 2 24 bps 22 bps 20 bps 24 bps 20 bps LLC 117.9% 104.4% 103.1% LLC incl. Regulatory Reserve 132.2% 115.7% 118.0% Key Drivers 1.30% 1.34% 1.35% Group GIL Volume and Ratio RM billion 8.82 9.20 9.36 RM billion Country GIL Volume and Ratio Prudent Risk Management Supported by Comfortable Overlay Buffers Note: 1 Reported NCC are on 12-months rolling, restated for 2Q FY2025 and 1H FY2025 2 Normalised NCC excluding provision reclassification for corporate borrower restructuring in September 2025 (1.2)%
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16 Sound Capital Position Reflects Ongoing Balance Sheet Discipline Note: Capital ratios reflect post-dividend level and the estimated DRP impact 14.68% 14.96% 14.92% 15.04% 15.33% 15.29% 17.93% 18.47% 18.68% Jun 25 Mar 26 Jun 26 Total Capital Ratio Tier 1 Capital Ratio CET 1 Capital Ratio 13.53% 13.79% 14.32% 13.75% 14.01% 14.56% 16.43% 17.13% 18.25% Jun 25 Mar 26 Jun 26 Bank Regulatory Requirements: • Min. CET 1 Capital Ratio + Capital Conservation Buffer (CCB) is 7.0%, min. Tier 1 Capital Ratio + CCB is 8.5% and min. Total Capital Ratio + CCB is 10.5% • 1.0% D-SIB Buffer effective 31 January 2021 • Pending announcement of the countercyclical capital buffer (CCyB) rate by BNM Group Growth (%) Jun’26 vs Jun’25 (YoY) Jun’26 vs Mar’26 (QoQ) Group Loans 2.7% 1.7% Total Group RWA (3.1)% 1.0% - Group Credit RWA (3.8)% 1.1% - Group Operational RWA 1.6% (0.1)% - Group Market RWA (2.9)% 0.7% Capital Ratios
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17 Maybank 30.95% Acquisition of MAHB, Target Completion by Sep 2026 Notes: 1. Holding company of Etiqa General Insurance Berhad, Etiqa Life Insurance Berhad, Etiqa General Takaful Berhad, Etiqa Family Takaful Berhad and Etiqa Insurance Pte Ltd 2.Dividend payment by MAHB is subject to BNM’s approval 3. Based on MAHB’s Dec-25 reported book value of RM8.7 billion less proposed dividend of RM800 million (Ageas' entitlement: RM248 million; Maybank: RM552 million) 4.Based on MAHB's FY2025 reported net profit of RM1.02 billion Proposed Acquisition Maybank, through Etiqa International Holdings Sdn. Bhd. (EIH), to acquire 30.95% stake comprising 78,001,229 ordinary shares in Maybank Ageas Holdings Berhad 1 (“MAHB”) from Ageas SA/NV (“Ageas”) Purchase Consideration Strategic rationale Strengthen MAHB as a national insurance and takaful champion — Deeper penetration of Maybank's customer base Unlock ROAR30 value across Southeast Asia — Enhanced bancassurance, personalised conventional and Islamic offerings Accrete sustainable long-term value — Durable earnings growth and higher ROE Enhance capital management — Capacity for elevated dividend payout RM4.83 billion (after adjusting for the expected pre- completion dividend from MAHB where Ageas' entitlement is RM248 million2 ) Valuation Based on appraisal value (for life and family business) and Dividend Discount Model (for general insurance and takaful). Implied multiples: Price / Book: 1.98x3. ; Price / Earnings : 15.3x4 Condition precedent BMM approval
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18 Resilient Results, Cautious Outlook Indicators 1H FY2026 Actual FY2026 Guidance Return on Equity 11.6% ≥11.8% Cost to Income Ratio 49.5% ~ 49% Net Credit Charge Off (NCC) Rate 1 20 bps ~ 20 bps Group Loans Growth (YoY) 2 2.7% 4% - 5% Net Interest Margin (NIM) 2.12% 2.05% - 2.10% Note: 1 NCC is on a 12-months rolling basis. Normalised NCC of 20 bps excluding provision reclassification for corporate borrower restructuring in September 2025; Reported NCC at 8 bps 2 Group loans growth guidance on constant currency basis. 1H FY2026 group loans growth excluding FX impact grew 4.6% YoY
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19 Table of Contents Executive Summary 2 – 7 1H FY2026 Financial Performance 9 – 18 Appendix: 1. Group Performance 20 – 35 2. Business/Country Performance 37 - 45
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20 * From consolidated 1H FY2026 Group numbers, Insurance and Takaful accounts for 8.1% of net fund based income and (2.2)% of non-interest income ¹ Pre-provisioning operating profit (PPOP) is equivalent to operating profit before impairment losses ² Net Profit is equivalent to profit attributable to equity holders of the Bank P&L Summary: 1H FY2026 RM million 1H FY2026 1H FY2025 YoY 2Q FY2026 1Q FY2026 QoQ 2Q FY2025 YoY Net fund based income * 10,137.9 9,887.0 2.5% 5,026.0 5,111.9 (1.7)% 4,934.5 1.9% Non-interest income * 4,473.0 5,509.6 (18.8)% 2,485.3 1,987.6 25.0% 2,749.9 (9.6)% Net operating income 14,610.9 15,396.6 (5.1)% 7,511.4 7,099.5 5.8% 7,684.4 (2.3)% Operating expenses (7,234.7) (7,528.0) (3.9)% (3,689.1) (3,545.5) 4.1% (3,785.0) (2.5)% Personnel Costs (4,158.5) (4,451.5) (6.6)% (2,095.8) (2,062.7) 1.6% (2,252.2) (6.9)% Establishment Costs (1,346.7) (1,189.4) 13.2% (698.5) (648.2) 7.8% (588.9) 18.6% Marketing Expenses (264.6) (330.6) (20.0)% (124.2) (140.4) (11.5)% (159.1) (21.9)% Administration & General Expenses (1,464.9) (1,556.5) (5.9)% (770.7) (694.2) 11.0% (784.9) (1.8)% Pre-provisioning operating profit (PPOP) 1 7,376.2 7,868.6 (6.3)% 3,822.2 3,554.0 7.5% 3,899.4 (2.0)% Net impairment losses (436.4) (901.0) (51.6)% (230.7) (205.7) 12.2% (474.6) (51.4)% Operating profit 6,939.8 6,967.6 (0.4)% 3,591.5 3,348.3 7.3% 3,424.8 4.9% Profit before taxation and zakat (PBT) 6,932.9 7,105.7 (2.4)% 3,642.5 3,290.5 10.7% 3,511.6 3.7% Net Profit 2 5,171.0 5,216.9 (0.9)% 2,690.4 2,480.7 8.5% 2,628.0 2.4% EPS - Basic (sen) 42.8 43.2 (1.0)% 22.2 20.5 8.3% 21.8 2.2% Note:
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21 International & Malaysia Portfolio Mix 1H FY2026 74.6% 21.6% 0.8% 3.0% Malaysia Singapore Indonesia Others Overseas: 25.4% 64.9% 25.1% 4.5% 5.5% Overseas: 35.1% 66.3% 21.5% 7.5% 4.7% Net Operating Income Profit Before Tax Group Loans* Overseas: 33.7% Note: * Net of unwinding interest and effective interest rate RM14.61 billion RM6.93 billion RM695.9 billion 1H FY2026 (Jan 26 – Jun 26) 74.9% 18.2% 2.7% 4.2% Overseas: 25.1% 63.4% 26.0% 4.9% 5.7% Overseas: 36.6% 68.6% 18.1% 7.9%5.4% Overseas: 31.4% 1H FY2025 (Jan 25 – Jun 25) RM15.40 billion RM7.11 billion RM677.6 billion
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22 Segmental Business Portfolio Mix 1H FY2026 41.9% 49.4% 8.7% Group Community Financial Services Group Global Banking Group Insurance & Takaful 63.4% 36.6% 57.2% 38.0% 4.8% Net Operating Income Profit Before Tax Group Loans* Note: • Net operating income and profit before tax for Group exclude “Head Office & Others” expense of RM378 million and income of RM92 million for 1H FY2026 and 1H FY2025 respectively • Group loans exclude “Head Office & Others” income of RM674 million for 1H FY2026 and RM132 million for 1H FY2025 • * Net of unwinding interest and effective interest rate RM14.61 billion RM6.93 billion RM695.9 billion 1H FY2026 (Jan 26 – Jun 26) 31.6% 60.4% 8.0% 64.0% 36.0% 54.4%41.2% 4.4%1H FY2025 (Jan 25 – Jun 25) RM15.40 billion RM7.11 billion RM677.6 billion
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23 Group Loans Growth: 30 June 2026 Note: • Rebased loan growth figures are based on adjusted 31 December 2025 position in line with migration of accounts • Group Loans YoY & QoQ, excluding FX impact are 4.6% and 1.4% respectively % of Portfolio 30 Jun 2026 31 Mar 2026 QoQ 31 Dec 2025 YTD Annualised 30 Jun 2025 YoY Group Loans 695.9 684.5 1.7% 686.5 2.7% 677.6 2.7% Malaysia (RM billion) 65% 452.7 448.5 0.9% 444.4 3.7% 429.3 5.5% Community Financial Services (rebased) 72% 327.5 323.5 1.2% 320.7 4.2% 311.0 5.3% Global Banking (rebased) 28% 124.7 124.8 (0.0)% 123.8 1.6% 118.3 5.4% International (RM billion) 34% 237.9 230.9 3.0% 236.4 1.3% 243.6 (2.3)% Singapore (SGD billion) 72% 54.6 54.0 1.0% 54.3 0.9% 52.8 3.4% Community Financial Services 52% 28.5 28.2 0.9% 28.0 3.5% 26.5 7.4% Global Banking 48% 24.8 24.6 0.8% 25.4 (4.2)% 25.2 (1.6)% Indonesia (IDR trillion) 13% 130.9 125.5 4.3% 127.4 5.6% 125.5 4.3% Community Financial Services 54% 71.1 70.6 0.6% 70.5 1.6% 69.2 2.8% Global Banking 45% 59.5 54.7 8.8% 56.7 9.7% 56.1 6.1% Other markets (RM billion) 15% 36.3 31.8 14.1% 34.0 13.6% 36.5 (0.6)% Investment banking (RM billion) 1% 9.2 8.8 5.3% 8.8 9.4% 8.0 16.1%
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24 Malaysia Loans Growth: 30 June 2026 RM billion % of Portfolio 30 Jun 2026 31 Mar 2026 QoQ 31 Dec 2025 YTD Annualised 30 Jun 2025 YoY Community Financial Services (rebased) 72% 327.5 323.5 1.2% 320.7 4.2% 311.0 5.3% Consumer 63% 285.2 282.1 1.1% 279.4 4.1% 269.8 5.7% Total Mortgage 38% 172.8 169.8 1.8% 167.3 6.6% 160.6 7.6% Auto Finance 16% 71.4 71.1 0.3% 70.8 1.5% 69.4 2.8% Credit Cards 2% 11.5 11.6 (0.9)% 11.5 (0.9)% 10.6 8.0% Unit Trust 5% 21.5 21.7 (1.0)% 21.9 (3.8)% 21.8 (1.5)% Other Retail Loans 2% 8.0 7.9 1.5% 7.8 5.0% 7.4 7.8% SME (rebased) 9% 42.3 41.4 2.2% 41.3 5.1% 41.2 2.7% Global Banking (Corporate) (rebased) 28% 124.7 124.8 (0.0)% 123.8 1.6% 118.3 5.4% Term Loan 17% 75.0 74.5 0.7% 74.0 2.8% 73.5 1.9% Short Term Revolving Credit 7% 29.0 29.7 (2.4)% 29.1 (0.5)% 25.3 14.6% Trade Finance and Others 5% 20.7 20.6 0.9% 20.7 0.2% 19.4 6.7% Total Malaysia 452.7 448.5 0.9% 444.4 3.7% 429.3 5.5% Note: • Rebased loan growth figures are based on adjusted 31 December 2025 position in line with migration of accounts • ‘Term Loan’ includes foreign currency denominated accounts, while ‘Trade Finance and Others’ is combined with ‘Overdraft’
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25 Singapore Loans Growth: 30 June 2026 SGD billion % of portfolio 30 Jun 2026 31 Mar 2026 QoQ 31 Dec 2025 YTD Annualised 30 Jun 2025 YoY Community Financial Services 52% 28.5 28.2 0.9% 28.0 3.5% 26.5 7.4% Consumer 44% 23.9 23.7 0.7% 23.6 1.9% 22.5 6.0% Mortgage 27% 14.9 15.1 (1.4)% 15.2 (5.0)% 14.6 1.6% Auto 9% 5.2 5.0 4.0% 4.8 14.0% 4.6 11.5% Cards 1% 0.5 0.5 0.6% 0.5 (2.5)% 0.5 3.4% Other Retail Loans 7% 3.3 3.1 5.3% 3.0 17.9% 2.7 20.9% SME (rebased) 8% 4.6 4.5 2.1% 4.3 12.2% 4.0 15.2% Global Banking 48% 24.8 24.6 0.8% 25.4 (4.2)% 25.2 (1.6)% Total Singapore 54.6 54.0 1.0% 54.3 0.9% 52.8 3.4%
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26 Indonesia Loans Growth: 30 June 2026 IDR trillion % of portfolio 30 Jun 2026 31 Mar 2026 QoQ 31 Dec 2025 YTD Annualised 30 Jun 2025 YoY Community Financial Services 54% 71.1 70.6 0.6% 70.5 1.6% 69.2 2.8% Consumer 37% 48.2 48.0 0.4% 47.9 1.1% 46.6 3.5% Mortgage 13% 16.6 16.8 (1.3)% 17.0 (4.9)% 17.1 (2.8)% Auto 21% 27.0 26.9 0.5% 26.7 2.7% 25.4 6.5% Cards 3% 4.5 4.3 6.2% 4.2 15.0% 4.1 11.2% SME (rebased) 17% 22.9 22.7 1.1% 22.6 2.6% 22.6 1.3% Global Banking 46% 59.5 54.7 8.8% 56.7 9.7% 56.1 6.1% Total Indonesia 130.9 125.5 4.3% 127.4 5.6% 125.5 4.3%
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27 Group Deposits Growth: 30 June 2026 % of Portfolio 30 Jun 2026 31 Mar 2026 QoQ 31 Dec 2025 YTD Annualised 30 Jun 2025 YoY Group Deposits 734.5 719.5 2.1% 731.0 1.0% 749.7 (2.0)% Total CASA 304.8 295.6 3.1% 296.0 6.0% 283.3 7.6% Total Fixed Deposits 333.2 329.8 1.0% 339.5 (3.7)% 373.9 (10.9)% Malaysia (RM billion) 66% 481.8 476.9 1.0% 481.0 0.3% 466.3 3.3% Total CASA 44% 213.5 211.7 0.8% 208.5 4.8% 196.7 8.5% Savings Deposits 14% 67.0 66.4 1.0% 64.7 7.3% 63.1 6.2% Current Accounts 30% 146.4 145.4 0.7% 143.8 3.6% 133.6 9.6% Fixed Deposits 35% 168.0 166.8 0.7% 173.1 (5.9)% 177.9 (5.6)% Others 21% 100.3 98.4 2.0% 99.4 1.9% 91.7 9.4% International 34% 256.2 246.2 4.0% 252.8 2.7% 285.5 (10.3)% Singapore (SGD billion) 75% 61.2 59.4 3.0% 60.4 2.5% 66.7 (8.3)% Total CASA 34% 20.9 19.9 5.2% 19.8 11.1% 18.5 13.3% Savings Deposits 16% 10.0 9.8 1.9% 10.1 (1.3)% 9.7 2.8% Current Accounts 18% 10.9 10.1 8.5% 9.7 24.0% 8.7 25.0% Fixed Deposits 66% 40.3 39.5 1.9% 40.6 (1.7)% 48.3 (16.5)% Indonesia (IDR trillion) 11% 124.0 118.3 4.8% 116.0 13.7% 114.7 8.1% Total CASA 64% 78.8 72.3 8.9% 66.6 36.5% 64.4 22.3% Savings Deposits 19% 23.9 22.1 8.2% 22.5 12.1% 22.8 4.8% Current Accounts 45% 54.9 50.2 9.3% 44.1 49.0% 41.6 31.9% Fixed Deposits 36% 45.2 46.0 (1.6)% 49.4 (17.0)% 50.3 (10.1)% Note: Group deposits YoY & QoQ, excluding FX impact are 0.1% and 2.1% respectively
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28 138.1% 141.2% 138.2% 133.3% 130.0% 117.3% 117.9% 116.6% 113.3% 113.4% LCR NSFR 90.2% 92.1% 93.8% 94.9% 94.7% 37.8% 39.9% 40.5% 41.1% 41.5% Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 LDR CASA Note: • LDR excludes loans to banks and FIs • Group and Malaysia CASA and LDR include investment accounts * LCR is on a 12-months rolling average based on Bank Negara’s guidelines on liquidity risk disclosure LDR and CASA Ratio 92.7% 93.5% 93.0% 94.6% 94.5% 41.9% 43.2% 43.1% 43.9% 44.0% Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 105.3% 91.8% 107.0% 100.5% 100.0% 56.2% 52.1% 57.4% 61.1% 63.5% 89.1% 77.5% 90.3% 85.5% 86.7% Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 LDR (Bank Level) Group Singapore Malaysia Indonesia 79.1% 84.6% 89.9% 91.0% 89.2% 27.7% 32.0% 32.8% 33.5% 34.2% Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 *
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29 380.8 362.5 366.5 51.4 52.2 52.2 21.5 20.8 20.9 Market RWA Operational RWA Credit RWA Gross Loans 677.6 684.5 695.9 Jun 2025 Mar 2026 Jun 2026 Borrowings, 5% Capital Instruments, 1% Customer Funding, 76% FI Deposits, 5% Equity, 10% Repo, 3% RWA Optimisation and Funding Management 436.4* RM, 47% USD, 29% IDR, 6% EUR, 8% CNY, 2%HKD, 2%JPY, 1% SGD, 3% THB, 1% AUD, 1% Note: • Customer Funding comprises Deposits from Customers & Investment Accounts of Customers • Borrowings are inclusive of financial liabilities • Repo is defined as Obligations on Financial Assets Sold Under Repurchase Agreements By maturity ≤ 1 Year 25% > 1 Year 75% Borrowings and Capital Instruments by Currency Growth (%) YoY QoQ Group Loans 2.7% 1.7% Total Group RWA (3.1)% 1.0% - Group Credit RWA (3.8)% 1.1% - Group Operational RWA 1.6% (0.1)% - Group Market RWA (2.9)% 0.7% RM966.3 billion RM60.4 billion Group Loans & Group RWA Funding Breakdown Note: * Includes Equity RWA of RM906.37 million for Jun 2026, RM911.86 million for Mar 2026 and RM862.94 million for Jun 2025 454.6* RM billion 440.5*
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30 Allowances for losses on loans Asset Quality Note: Loan loss coverage includes ECL for loans at FVOCI as per Note A11(xii) of the Group’s Condensed Financial Statements P&L ECL (RM million) 2Q FY2025 3Q FY2025 4Q FY2025 1Q FY2026 2Q FY2026 1H FY2025 1H FY2026 Stage 1, net (89) 26 199 (155) (227) (219) (382) Stage 2, net 219 238 (97) 279 75 351 354 Stage 3, net 468 (296) 127 514 665 946 1,178 Write-offs 26 23 54 27 27 51 54 Recoveries (206) (250) (279) (183) (226) (325) (409) Other debts 5 5 5 3 0 4 4 Total 423 (254) 9 485 313 808 798 Of which: Group Community Financial Services (GCFS) 931 599 Group Global Banking (GGB) (124) 199 Group Insurance & Takaful (Etiqa) 0 (0) Reported Net Charge Off Rate (bps) 24 8 Normalised Net Charge Off Rate (bps) 24 20 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Non Performing Loans (NPL) 0.95% 0.90% 0.87% 0.95% 0.93% Restructured & Rescheduled (R&R) 0.03% 0.05% 0.05% 0.04% 0.04% Performing Loans Impaired Due to Judgmental/ Obligatory Triggers (IPL) 0.32% 0.37% 0.36% 0.36% 0.38% Total GIL Ratio 1.30% 1.32% 1.28% 1.34% 1.35% Malaysia 1.18% 1.28% 1.25% 1.33% 1.34% Singapore 0.33% 0.29% 0.29% 0.28% 0.32% Indonesia 4.02% 4.08% 3.78% 3.85% 3.66% GIL Ratio Composition 30 Jun FY2025 30 Sep FY2025 31 Dec FY2025 31 Mar FY2026 30 Jun FY2026 Loan loss coverage 117.9% 110.1% 106.7% 104.4% 103.1% Loan loss coverage incl. Regulatory Reserve 132.2% 120.1% 119.4% 115.7% 118.0%
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31 3.80% 3.66% 3.44% 3.63% 3.65% 1.98% 1.91% 1.78% 1.82% 1.66% 6.15% 6.25% 5.89% 6.05% 5.69% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 0.59% 0.59% 0.59% 0.62% 0.64% 0.08% 0.06% 0.07% 0.06% 0.07% 3.97% 3.98% 3.84% 4.04% 4.22% Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 0.74% 0.77% 0.82% 0.86% 0.94% 0.03% 0.03% 0.04% 0.04% 0.04% 1.05% 1.06% 0.89% 0.97% 1.16% Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 Consumer GIL Ratios 1.22% 1.59% 1.67% 1.78% 1.89% 0.25% 0.24% 0.24% 0.24% 0.36% 5.02% 5.24% 4.78% 4.93% 4.64% Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 2.57% 2.12% 2.89% 3.12% 2.72% 1.68% 1.51% 1.36% 1.30% 1.40% 3.88% 3.70% 3.18% 2.93% 2.75% Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 Malaysia Singapore Indonesia Note: • Maybank Indonesia’s GIL ratios are mapped in accordance to its local regulatory reporting requirements • Malaysia Global Banking figures have been restated to include Business Banking (formerly under Community Financial Services), a structural change that took effect in May 2025 while Maybank Indonesia and Maybank Singapore took effect in June 2026 Mortgage Auto Finance Credit Cards Retail SME (RSME) Business Banking/ GB CBD Corporate Banking (CB) Asset Quality by Line of Business in Home Markets Business GIL Ratios 0.53% 0.55% 0.51% 0.54% 0.54% 1.30% 1.39% 1.38% 1.46% 1.52%1.51% 1.65% 1.55% 1.44% 1.29% Jun 25 Sep 25 Dec 25 Mar 26 Jun 26
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32 Malaysia 1.42% Singapore 0.46% Indonesia 0.10% Others 0.23% Note: Exposures is for loans and fixed income securities, with base including Group loans and corporate bonds and sukuk. Funded-only loans exposure is 1.24% of Group loans Real Estate Loan Exposure to Non-Retail Malaysian Borrowers Note: • Funded-only loans exposure is 9.02% (excludes Labuan) • Exposures exclude unrated bonds • ‘Others’ include Land, Industrial Buildings & Factories, Other Residential, Other Commercial and REITs Oil & Gas Loan and Fixed Income Securities Exposures to Non-Retail Borrowers Specific Asset Exposures as of 30 June 2026 Borrowers’ StatusCountry Exposure 21.4% High Rise Residential 11.9% Landed Residential 14.7% Malls 8.3% Hotels 3.9% Offices 39.8% Others 77% Normal 11% Watchlist 12% Gross Impaired Assets Borrowers’ Status RM44.2 billion 9.76% of Malaysia Loans Maybank Group 2.22% 91.2% Normal 6.1% Watchlist 25% is from shoplots 28% is from malls, hotels and offices 2.7% GIL 44% is from high rise residential 29% is from malls and hotels ESG Vulnerable Sectors Loan Exposure to RSME and Non- Retail Borrowers 1.17% 0.43% 0.16% 0.22% Palm Oil Funded 14.90 1.12 0.41 1.49 0.15 1.12 0.93 0.22 Non- Retail 14.59 1.07 0.32 1.42 0.14 0.99 0.92 0.22 RSME 0.31 0.06 0.09 0.07 0.01 0.13 0.02 0.00 Non- Funded 0.51 0.05 0.02 0.73 0.01 0.05 0.38 0.00 Forestry & Logging Oil & Gas Mining (Minerals) Coal % of Group Loans 2.22% Real Estate Agri Power (ex-Coal) 1.32% 1.17% 15.41% %
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33 78.1% 78.5% 77.3% 87.8% 91.2% 84.5% 87.5%^ 77.4% 73.0% 72.4% 72.5% Effective Cash Dividend Paid Out from Net Profit 20 23 25 25+ 13.5 28 28 29+ 29+ 30+ 31 32 32+ 32 39+ 38.5 30 30+ 31+ 32+ 33+ FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 1H FY26 Final Interim Second Interim Dividend Payout Ratio Cash Component of Total Dividend 64.0 89.1%* 83.5%* 85.7%* 84.0%* 81.7%* 52.0 55.0 57.0 52.0 58.0 85.7%*87.4%* 28.6% 57.2% 47.1% 87.8% 38.2% 79.3%^ 77.4% 77.9%* Note: *Actual Reinvestment Rate for Dividend Reinvestment Plan +Dividends are fully in cash ^Restated for the impact of adoption of MFRS 17 Insurance Contracts Dividend: 1H FY2026 First interim dividend of 31 sen per share, of which 5 sen is electable under DRP Min 40% Dividend Policy 58.0 72.4% 60.0 57.8% 73.0% 61.0 88.0%* 85.1%* 63.0 62.6% 27% 67% 53% 100% 34% 63% 88% 100% 100% 100% 84%
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34 Income Statement for Insurance and Takaful Business RM million 1H FY2026 1H FY2025 YoY 2Q FY2026 1Q FY2026 QoQ 2Q FY2025 YoY Net interest income 822.0 843.4 (2.5)% 422.1 399.9 5.5% 425.5 (0.8)% Insurance/takaful service result 450.1 638.7 (29.5)% 205.1 245.0 (16.3)% 284.4 (27.9)% Other operating income / (expenses) 400.0 113.3 >100% 897.5 (497.5) >100% 413.7 >100% Total operating income 1,672.1 1,595.5 4.8% 1,524.7 147.4 >100% 1,123.6 35.7% Net insurance/takaful investment/finance result (950.5) (917.6) 3.6% (1,113.7) 163.2 (>100)% (772.0) 44.3% Net operating income 721.6 677.9 6.5% 411.0 310.6 32.4% 351.6 16.9% Overhead expenses (78.8) (112.4) (29.9)% (45.8) (33.0) 39.0% (53.2) (13.9)% PPOP 642.8 565.4 13.7% 365.2 277.6 31.6% 298.4 22.4% Net impairment (allowances) / writebacks (4.5) 0.3 >100% 1.5 (6.0) >100% 0.9 61.9% Profit before taxation and zakat 638.3 565.8 12.8% 366.7 271.6 35.0% 299.3 22.5%
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35 Key Operating Ratios Note: 1 Quarterly positions of Return on Equity and Net Interest Margin are on an annualised basis 2 LDR excludes loans to banks and FIs 3 Reported NCC are on 12-months rolling, restated for 2Q FY2025 and 1H FY2025; normalised NCC excluding provision reclassification for corporate borrower restructuring in September 2025 4 The capital ratios are based on assumption of 85% reinvestment rate for period relating to dividends under DRP and based on f ull cash payment of dividends for periods without DRP % 1H FY2026 1H FY2025 YoY 2Q FY2026 1Q FY2026 QoQ 2Q FY2025 YoY Return on Equity 1 11.6 11.5 0.1 12.0 11.2 0.8 11.6 0.4 Net Interest Margin 1 2.12 2.02 0.10 2.10 2.14 (0.04) 2.00 0.10 Fee to Income Ratio 30.6 35.8 (5.2) 33.1 28.0 5.1 35.8 (2.7) Loans-to-Deposit Ratio 2 94.7 90.2 4.5 94.7 94.9 (0.2) 90.2 4.5 Cost to Income Ratio (CIR) 49.5 48.9 0.6 49.1 49.9 (0.8) 49.3 (0.2) Asset Quality Gross Impaired Loans Ratio 1.35 1.30 0.05 1.35 1.34 0.01 1.30 0.05 Loans Loss Coverage (LLC) 103.1 117.9 (14.8) 103.1 104.4 (1.3) 117.9 (14.8) LLC (incl. Regulatory Reserve) 118.0 132.2 (14.2) 118.0 115.7 2.3 132.2 (14.2) Reported Net Charge Off Rate (NCC) 3 (bps) 8 24 (16) 8 10 (2) 24 (16) Normalised NCC 3 (bps) 20 24 (4) 20 22 (2) 24 (4) Capital Adequacy 4 CET1 Capital Ratio 14.92 14.68 0.24 14.92 14.96 (0.04) 14.68 0.24 Total Capital Ratio 18.68 17.93 0.75 18.68 18.47 0.21 17.93 0.75
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36 Table of Contents Executive Summary 2 – 7 1H FY2026 Financial Performance 9 – 18 Appendix: 1. Group Performance 20 – 35 2. Business/Country Performance 37 - 45
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37 Market Share Overview for Community Financial Services Malaysia Market share Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 Loans Total consumer 19.5% 19.6% 19.6% 19.8% 19.8% Auto (Retail Hire Purchase) 29.0% 28.9% 28.6% 28.3% 28.1% Total mortgage * 16.5% 16.6% 16.7% 16.7% 16.8% Credit cards ** 21.4% 21.5% 22.1% 22.5% 22.1% Deposits# Total deposits *** 17.8% 17.7% 18.0% 17.8% 17.7% Total core retail deposits ^ 18.2% 18.4% 18.4% 18.2% 18.1% Retail CASA ^ 24.5% 24.5% 24.7% 24.7% 24.9% Retail savings ^ 28.0% 28.1% 28.2% 28.3% 28.4% Demand deposits ^ 16.9% 16.9% 17.1% 17.0% 17.3% Retail fixed deposits ^ 15.1% 15.3% 15.3% 14.9% 14.6% Channels Internet banking - Subscriber base 37.8% 37.7% 37.4% 37.3% 37.2% Mobile banking - Subscriber base 25.2% 24.7% 24.7% 24.5% 24.2% #Internet banking - Transaction Volume ^^ 48.5% 49.2% 49.5% 50.9% 50.9% #Mobile banking - Transaction Volume 48.1% 46.2% 44.7% 39.2% 38.1% Branch network ∑ 19.4% 19.2% 19.2% 19.2% 19.2% Note: * Refers to housing, shophouse and other mortgage loans ** Credit cards market share refer to receivables for commercial banks *** Total bank deposits inclusive of investment asset (“IA”) ∑ Industry number from ABM, latest data as at Jun’26 # Market share for Mobile Banking excludes QR transactions from 2Q FY2025 reporting onwards ^ Without IA. ^^ Excluding non-financial transactions as per BNM guidelines
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38 Sustained Digital Banking Leadership with Strong Digital Transaction Growth Note: • Mobile banking market share - excludes QR transactions from 2Q FY2025 reporting onwards. • Jompay market share is no longer tracked in e-payment report. 3-month Active Users 10.99 mil SME Digital Financing approved loans since its launch in Sep’20RM4.80 bil accounts activated since its launch in Feb’20482,115 SME Digital AccountsMore than Digital Customers Mobile Banking* 38.1% Market Share 50.9% Market Share Mobile & Internet Banking* 41.8% Market Share Internet Banking From Malaysia’s digital transaction volume Group (i.e.: MY, SG, ID, PH, KH) In Malaysia: accounts opened since 20206.94 mil Retail Digital Accounts Market Share (P2P) Ranking #2 (Vol.) 18.5% Maybank MY E-Payment performance (Acquiring) As of Q1 26 Market Share (P2A) Ranking #1 (Vol.) 24.1% MY ID SG *For SG Q4 – Number includes Nets and Duitnow QR, launched in Oct24 Data as at Jun 2026 Volume Value 52.58 67.04 77.393.14 4.19 4.19 2Q FY2025 1Q FY2025 2Q FY2026 29.73 44.01 53.43 144.38 227.31 239.67 2Q FY2025 1Q FY2025 2Q FY2026 QoQ:21.39% YoY: 79.73% QoQ: 5.44% YoY: 66.00% QoQ : 15.44% YoY : 47.18% QoQ :0.03% YoY : 33.72% 284.34 313.42 306.49 35.27 33.74 35.68 12.19 11.443 11.444 2Q FY2025 1Q FY2026 2Q FY2026 Maybank2u Monetary Transaction Value (RM bil/IDR tri/SGD bil) 199.16 198.99 226.31 34.35 33.09 34.6 6.24 5.69 5.75 2Q FY2025 1Q FY2026 2Q FY2026 Mobile App Monetary Transaction Value ( RM bil/IDR tri/SGD bil) 202.19 266.52 312.85 106.4 196.79 220.99 2Q FY2025 1Q FY2026 2Q FY2026 QR Pay QRPay Transaction Volume (MY mil/ID & SG thousands) QoQ : -2.21% YoY : 7.79% QoQ : 5.76% YoY : 1.18% QoQ : 0.01% YoY : -6.09% Google Pay Volume (100’K), Value (Mil) Samsung Pay Volume (Mil), Value (Bil) Apple Pay Volume (Mil), Value (Bil) QoQ : 13.11% YoY : 25.98% QoQ : -3.33% YoY :12.58% 1,514.09 2,626.49 3,115.32 QoQ : 17.38% YoY : 54.73% QoQ : 18.61% YoY : 105.76% QoQ : 12.29% YoY : 107.69% QoQ :13,73% YoY :13.63% QoQ :4.55% YoY : 0.73% QoQ :1.02% YoY : -7.89% Transaction Volume Growth QoQ MY: 4% ID: 1% SG: 2% MY: 11% ID: 1% SG: 1% Transaction Volume Growth QoQ MY *Drop in Bill payment, Prepaid Top up and E-giro MY *Drop in Credit Transfer (other bank), 3rd Party Transfer (MBB) & Zakat Market Share Ranking #1 (Val.) 23.6% 3.02 3.36 3.8 2Q FY2025 1Q FY2025 2Q FY2026 0.21 0.25 0.24
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39 62.9 63.5 62.8 59.9 63.6 65.2 67.3 67.6 70.9 74.4 71.5 72.8 74.0 72.3 72.4 31.0 33.0 26.8 29.3 30.3 19.2 23.3 25.5 22.8 25.0 Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 Govt. Securities - Domestic Govt. Securities - Foreign PDS/Corp Bonds - Domestic PDS/Corp Bonds - Foreign Others Group Securities Portfolio¹ decreased 6.4% YoY and 4.2% QoQ Group Securities Portfolio 259.9249.8 RM billion 256.7 255.2 265.8 Overview: Group Wealth Management & Group Securities Portfolios Note: ¹ Group Securities Portfolio is inclusive of financial assets designated upon initial recognition (part of FVTPL) Group Wealth Management 2.28 2.29 0.89 1.23 1H FY2025 1H FY2026 Fund Fee Total wealth income increased 11.0% YoY supported by fee income growth of 38.5% YoY 3.17 RM billion 11.0% YoY 3.52 Note: • GWM TFA includes non-individual customers serviced by client advisors • Jun’25 has been restated based on new segment definition that took effect on 1 Jan 2026 554.24 559.04 568.89 Jun-25 Mar-26 Jun-26 Total Financial Assets grew 2.6% YoY to RM568.89 billion on investments and loans growth 2.6% YoY Note: Total Financial Assets (Deposits, Investments, Financing & Protection) RM billion 1.8% QoQ
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40 Arranger and upfront fees 9.8% Brokerage income 60.7% Corporate advisory fees 4.7% Placement and related fees 7.4% Underwriting commission 1.5% Others 16.0% Overview of Group Investment Banking 1 Portfolio 1H FY2026 Total Income Breakdown by Country 1H FY2026 Fee Based Income for Malaysia Legend: IB&A – Investment Banking & Advisory | ECM – Equities Capital Market | LC – Local Currency | M&A – Mergers & Acquisitions Malaysia #2 11.0% 91.23 Indonesia #4 6.6% 81.03 Thailand #5 5.8% 102.82 Philippines #6 5.2% 6.38 ASEAN Malaysia Note: 1. Maybank Investment Banking Group (MIBG) combines Maybank IB and business segments under Maybank IBG Holdings 2. ECM deals excludes convertible debt deals and data collated based on exchange nationality incl. Malaysia, Singapore, Thailand, Philippines, Indonesia & Vietnam Brokerage Market Share Trading Value (RM ‘b) Source: Bloomberg (based on deal value, extracted on 1st July 2026) MYR Sukuk #1 MYR Bonds #1 M&A #4 ECM 2 #5 ASEAN Sukuk #1 LC Bonds #1 ECM #8 M&A #40 Broker Rankings IB&A League Tables Malaysia 47.4% Singapore 32.1% Thailand 8.6% Vietnam 4.7% Indonesia 5.1% Hong Kong 1.9% Philippines 0.3% RM1,042.8 million RM157.3 million
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41 Islamic Banking: Performance Overview Group Islamic Banking Financial Performance1 59.2 109.0 47.8 13.4 49.8 27.7 62.5 120.4 50.0 13.9 52.2 31.1 Auto Financing Mortgage Term Financing Others (CFS) Term Financing Others (GB) Jun 25 Jun 26 4.6% 4.8% Maybank Islamic, 73.1% Maybank Conventional, Malaysia, 26.9% Note: 1 MGIB includes MIB Domestic, Maybank Investment Bank Berhad, Maybank Ventures Sdn Bhd and GIIB (MIB-Dubai, MBI-Unit Usaha Syariah, Maybank Philippines Inc. Islamic window) and Islamic Overseas Units (Singapore, Labuan, London and Hong Kong) 2 Financing owned and managed by the Bank funded by Restricted Profit Sharing Investment Account (“RPSIA”) Maybank Islamic: Total Financing2 grew 7.6% YoY to RM330.1 billion Jun 2025 71.5% Sep 2025 71.9% Dec 2025 72.4% Mar 2026 72.8% Jun 2026 73.1% Maybank Islamic Contribution to Maybank Malaysia Loans and Financing2 as at 30 June 2026 CFS: 7.6% GB: 7.5% RM billion 5.6% 12.3% Maybank Islamic: Key Financial Ratios 17.4% Total Capital Ratio (“TCR”) 1H FY2026 1H FY2025: 17.5% 36.1% Cost to Income Ratio (“CIR”) 1H FY2026 1H FY2025: 37.5% 3.7% 10.5% 2.0% Net Profit Margin (YTD) 1H FY2026 1H FY2025: 2.0% RM million 1H FY2025 1H FY2026 YoY Net Operating Income 4,442.0 4,715.6 6.2% Profit Before Tax and Zakat 2,297.9 2,388.2 3.9% Financing2 327,580.2 353,769.1 8.0% Deposits & Investment Accounts: 289,713.3 298,861.2 3.2% Deposits from Customers 257,543.7 263,680.8 2.4% Investment Accounts 32,169.6 35,180.4 9.4%
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42 Islamic Banking: Market Share #1 Maybank Islamic 30.0% #2 CIMB Islamic 15.8% #3 RHB Islamic 9.7% Source: BloombergSource: Respective Banks’ Financial Statements Maybank Islamic ranks No.1 by asset market share in Malaysia Sukuk League Table Ranking (June 2026) Global Sukuk League Table Ranking MYR Sukuk League Table Ranking #1 Market Share: 33.95% USD5,556.5 million Issues: 146 #1 Market Share: 36.92% RM22,749.8 million Issues: 137 Asset Market Share in Malaysia (March 2026) Maybank Islamic ranks No.1 largest sukuk lead manager globally Note: 1 Source: Latest BNM Monthly Statistical Bulletin 2 Financing owned and managed by the Bank funded by Restricted Profit Sharing Investment Account (“RPSIA”) Jun 26 Automobile Financing Term Financing Jun 26 Market Share by Key Products (Malaysia)1Maybank Islamic Market Share1 Jun 25: 43.3% Jun 25: 28.0% Jun 25: 30.8% 41.9% 28.8% 30.0% 30.9% 31.0% 31.1% 30.9% 30.9% 27.9% 27.9% 27.6% 27.0% 26.7% Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 Financing Deposits & Investment Accounts 2 Jun 26 Home Financing
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43 8.8% 8.4% 8.1% 7.3% 7.2% 7.7% 8.1% 8.1% 10.7% 11.3% 12.0% 12.2% 15.8% 16.3% 16.9% 15.9% Mar-23 Mar-24 Mar-25 Mar-26 Etiqa Allianz Zurich Liberty Insurance and Takaful: Performance Overview 2,382.6 2,433.2 1H FY2025 1H FY2026 11.03% 13.24% 1H FY2025 1H FY2026 Productivity Ratio (Life & Family) New Business CSM (%)Contractual Service Margin (CSM) Balance (RM’mil) 11.23% 10.01% 1H FY2025 1H FY2026 CSM Release Ratio (%) Net Adjusted Premium/Contribution General Insurance and Takaful Market Share (Malaysia) *Net Adjusted Premium (NAP) = Life/Family Adjusted Premium (100% Regular Premium +10% Single Premium/Credit/Group) + Net Written Premium (General) 0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 Total Net Adjusted Premium Total General Misc Personal Accident MAT Motor Fire Total Life & Family Group Premium Credit Premium Regular Premium Single Premium RM Million 2Q 2025 2Q 2026 13.0% 25.7% (13.5)% 2.9% 23.4% 22.0% 7.3% 0.7% (17.0)% (0.5)% 7.6% 16.8% No. 1 in General Insurance and Takaful (Gross Premium) Note: Market Share is based on rolling 12 months period (Source: LIAM / ISM Statistics) 11.9% 13.3% 12.7% 10.6% 11.1% 11.7% 11.9% 12.2% 18.0% 18.5% 13.2% 14.7% 19.5% 18.3% 21.5% 21.7% Mar-23 Mar-24 Mar-25 Mar-26 AIA GE Prudential Etiqa Life & Family (New Business) Market Share (Malaysia) No. 4 in Life/Family (New Business)
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44 Maybank Singapore: P&L Summary SGD million 1H FY2026 1H FY2025 YoY 2Q FY2026 1Q FY2026 QoQ Net fund based income 453.30 382.19 18.6% 207.12 246.17 (15.9)% Non-interest income 299.77 286.81 4.5% 165.66 134.12 23.5% Net income 753.07 669.00 12.6% 372.78 380.29 (2.0)% Overhead expenses (327.32) (331.85) (1.4)% (166.63) (161.31) 3.3% Operating profit 425.75 337.15 26.3% 206.15 218.98 (5.9)% Profit before taxation 383.30 363.82 5.4% 188.30 194.39 (3.1)% • Fund based income strengthened 18.6% YoY on improved net interest margin. Reduction in funding cost arising from lower rates and proactive liquidity management outpaced the compression in interest income from lower asset yields. • Non-Interest income rose 4.5% YoY as wealth income soared on higher investment product sales and bancassurance, cushioning the weaker treasury income that fell amid heightened market volatility. • Overheads reduced 1.4% YoY on broad-based decline across most cost categories, achieving greater cost efficiencies with continued cost optimization efforts. • Profit before taxation grew 5.4% YoY to SGD383.30 million, driven by strong income growth and well-controlled overheads, which more than offset the impact of impairment allowance charge compared to write-back recorded last year.
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45 IDR billion 1H FY2026 1H FY2025 YoY 2Q FY2026 1Q FY2026 QoQ Net Fund Based income 3,712 3,574 3.9% 1,897 1,815 4.5% Non-Interest income 923 975 (5.4)% 521 402 29.6% Net income 4,635 4,550 1.9% 2,418 2,217 9.1% Overhead expenses (3,342) (3,315) 0.8% (1,648) (1,694) (2.7)% Personnel (1,712) (1,709) 0.2% (834) (879) (5.1)% General and Administrative (1,630) (1,605) 1.5% (815) (815) 0.0% Operating profit 1,293 1,235 4.7% 770 523 47.1% Provisions Expenses (398) (492) (19.0)% (275) (123) >100% Non Operating Income / (Expense) 38 23 66.7% 41 (3) >100% Profit Before Tax and Non- Controlling Interest 933 766 21.8% 536 397 34.8% Tax and Non-Controlling Interest (235) (190) 23.5% (137) (98) 39.9% Profit After Tax and Non- Controlling Interest 698 576 21.2% 398 299 33.2% EPS - Basic (IDR) 9.15 7.55 21.2% 5.22 3.93 32.8% Key Operating Ratios Jun 25 Dec 25 Jun 26 YoY Profitability & Efficiency ROA 0.82% 0.83% 0.92% 0.10% ROE 3.93% 3.94% 4.64% 0.71% NIM 4.36% 4.34% 4.28% (0.08)% CIR 73.58% 75.02% 71.57% (2.01)% Asset Quality NPL - Gross 2.35% 2.25% 2.13% (0.22)% Liquidity & Capital Adequacy LCR 142.85% 150.70% 139.87% (2.98)% CET1 25.45% 25.17% 23.15% (2.29)% CAR 26.62% 26.34% 24.32% (2.30)% Maybank Indonesia: P&L Summary and Financial Ratios
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