Interim report
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Group 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Note RM'000 RM'000 RM'000 RM'000 Interest income A20 6,383,956 7,505,920 12,806,772 15,245,934 Interest expense A21 (3,288,674) (4,333,407) (6,442,420) (8,851,199) Net interest income 3,095,282 3,172,513 6,364,352 6,394,735 Income from Islamic Banking Scheme operations A40a 2,292,631 2,210,435 4,477,811 4,274,789 Insurance/takaful service result A22 308,015 394,529 677,868 865,928 Other operating income A24 2,929,142 2,678,922 4,041,359 4,778,762 Total operating income 8,625,070 8,456,399 15,561,390 16,314,214 Net insurance/takaful investment/finance result A25 (1,113,690) (771,978) (950,508) (917,634) Net operating income 7,511,380 7,684,421 14,610,882 15,396,580 Overhead expenses A26 (3,689,146) (3,785,049) (7,234,683) (7,527,994) Operating profit before impairment losses 3,822,234 3,899,372 7,376,199 7,868,586 Allowances for impairment losses on loans, advances, financing and other debts, net A27 (313,469) (423,399) (798,161) (807,554) Writeback of/(allowances for) impairment losses on financial investments, net A28 62,373 (43,168) 338,058 (65,233) Writeback of/(allowances for) impairment losses on other assets, net A29 20,360 (8,034) 23,702 (28,192) Operating profit 3,591,498 3,424,771 6,939,798 6,967,607 Share of profits/(losses) in associates and joint ventures 50,954 86,793 (6,874) 138,114 Profit before taxation and zakat 3,642,452 3,511,564 6,932,924 7,105,721 Taxation and zakat B5 (869,246) (809,306) (1,611,764) (1,760,075) Profit for the financial period 2,773,206 2,702,258 5,321,160 5,345,646 Attributable to: Equity holders of the Bank 2,690,362 2,628,029 5,171,020 5,216,886 Non-controlling interests 82,844 74,229 150,140 128,760 2,773,206 2,702,258 5,321,160 5,345,646 Earnings per share attributable to equity holders of the Bank Basic/diluted B12 22.24 sen 21.75 sen 42.78 sen 43.20 sen Cumulative 6 Months Ended UNAUDITED INCOME STATEMENTS FOR THE FINANCIAL HALF YEAR ENDED 30 JUNE 2026 (These unaudited condensed interim financial statements should be read in conjunction with the audited annual financial statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to these financial statements) Second Quarter Ended MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) CONDENSED FINANCIAL STATEMENTS 1
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Group 30 June 30 June 30 June 30 June 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Profit for the financial period 2,773,206 2,702,258 5,321,160 5,345,646 Other comprehensive loss: Items that will not be reclassified subsequently to profit or loss: Defined benefit plan actuarial (loss)/gain (726) (723) (968) 4,748 Income tax effect 134 - 212 (258) Net loss from change in fair value on equity instruments at fair value through other comprehensive income (72,748) (19,344) (50,220) (32,599) (73,340) (20,067) (50,976) (28,109) Items that may be reclassified subsequently to profit or loss: Net gain/(loss) on debt instruments at fair value through other comprehensive income 295,022 420,396 (1,083,761) 784,231 - Net gain/(loss) from change in fair value 428,359 587,086 (903,624) 884,867 - Changes in expected credit losses (48,843) (39,748) (378,590) 78,510 - Income tax effect (84,494) (126,942) 198,453 (179,146) Net loss on foreign exchange translation (175,737) (1,090,636) (632,043) (1,760,715) Cost of hedging for fair value hedge (1,425) 764 808 3,295 Net gain/(loss) on capital reserve 2,670 (56) (5,221) (254) Net (loss)/gain on revaluation reserve (1,099) 1 (1,099) 1 Share of change in associatesʼ reserve (116,150) (125,742) (22,341) (52,783) Net insurance finance/investment result 38,209 (75,179) 116,030 (119,329) 41,490 (870,452) (1,627,627) (1,145,554) Other comprehensive loss for the financial period, net of tax (31,850) (890,519) (1,678,603) (1,173,663) Total comprehensive income for the financial period 2,741,356 1,811,739 3,642,557 4,171,983 Other comprehensive income/(loss) for the financial period, attributable to: Equity holders of the Bank 986 (895,713) (1,632,896) (1,183,360) Non-controlling interests (32,836) 5,194 (45,707) 9,697 (31,850) (890,519) (1,678,603) (1,173,663) Total comprehensive income for the financial period, attributable to: Equity holders of the Bank 2,691,348 1,732,316 3,538,124 4,033,526 Non-controlling interests 50,008 79,423 104,433 138,457 2,741,356 1,811,739 3,642,557 4,171,983 (Co. Reg. No.: 196001000142) MALAYAN BANKING BERHAD (These unaudited condensed interim financial statements should be read in conjunction with the audited annual financial statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to these financial statements) FOR THE FINANCIAL HALF YEAR ENDED 30 JUNE 2026 CONDENSED FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF COMPREHENSIVE INCOME (Incorporated in Malaysia) Second Quarter Ended Cumulative 6 Months Ended 2
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Bank 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Note RM'000 RM'000 RM'000 RM'000 Interest income A20 4,414,351 5,165,390 8,770,149 10,486,982 Interest expense A21 (2,641,738) (3,430,015) (5,208,318) (6,993,100) Net interest income 1,772,613 1,735,375 3,561,831 3,493,882 Dividends from subsidiaries and associates A23 758,929 1,155,816 1,875,648 3,732,308 Other operating income A24 1,275,873 1,745,612 2,320,024 3,613,639 2,034,802 2,901,428 4,195,672 7,345,947 Net operating income 3,807,415 4,636,803 7,757,503 10,839,829 Overhead expenses A26 (1,868,029) (1,879,774) (3,546,949) (3,555,016) Operating profit before impairment losses 1,939,386 2,757,029 4,210,554 7,284,813 Writeback of/(allowances for) impairment on loans, advances, financing and other debts, net A27 286,695 (47,425) 194,905 (218,736) Writeback of/(allowances for) impairment on financial investments, net A28 4,965 (17,790) 3,310 (18,542) Writeback of/(allowances for) impairment losses on other assets and investment in a subsidiary, net A29 209 (159,385) (2,609) (168,123) Profit before taxation and zakat 2,231,255 2,532,429 4,406,160 6,879,412 Taxation and zakat B5 (323,689) (396,976) (590,683) (835,825) Profit for the financial period 1,907,566 2,135,453 3,815,477 6,043,587 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) FOR THE FINANCIAL HALF YEAR ENDED 30 JUNE 2026 CONDENSED FINANCIAL STATEMENTS UNAUDITED INCOME STATEMENTS Second Quarter Ended (These unaudited condensed interim financial statements should be read in conjunction with the audited annual financial statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to these financial statements) Cumulative 6 Months Ended 3
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Bank 30 June 30 June 30 June 30 June 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Profit for the financial period 1,907,566 2,135,453 3,815,477 6,043,587 Other comprehensive income/(loss): Items that will not be reclassified subsequently to profit or loss: Net (loss)/gain from change in fair value on equity instruments at fair value through other comprehensive income (54,815) (373) (41,016) 14,845 Items that may be reclassified subsequently to profit or loss: Net gain/(loss) on debt instruments at fair value through other comprehensive income 318,902 138,125 (287,556) 357,483 - Net gain/(loss) from change in fair value 418,307 235,523 (323,687) 362,428 - Changes in expected credit losses (12,186) (40,904) (52,307) 82,006 - Income tax effect (87,219) (56,494) 88,438 (86,951) Net gain/(loss) on foreign exchange translation 148,396 (457,353) 46,874 (769,600) Cost of hedging for fair value hedge (1,398) 764 835 3,295 465,900 (318,464) (239,847) (408,822) Other comprehensive income/(loss) for the financial period, net of tax 411,085 (318,837) (280,863) (393,977) Total comprehensive income for the financial period 2,318,651 1,816,616 3,534,614 5,649,610 (These unaudited condensed interim financial statements should be read in conjunction with the audited annual financial statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to these financial statements) (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) UNAUDITED STATEMENTS OF COMPREHENSIVE INCOME FOR THE FINANCIAL HALF YEAR ENDED 30 JUNE 2026 Second Quarter Ended Cumulative 6 Months Ended CONDENSED FINANCIAL STATEMENTS MALAYAN BANKING BERHAD 4
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30 June 31 December 30 June 31 December 2026 2025 2026 2025 Note RM'000 RM'000 RM'000 RM'000 ASSETS Cash and short-term funds 31,197,522 28,328,140 25,326,660 23,860,757 Deposits and placements with financial institutions 7,567,674 14,030,366 26,350,031 29,613,139 Financial assets purchased under resale agreements 9,125,319 8,812,426 11,584,996 9,736,966 Financial assets designated upon initial recognition at fair value through profit or loss A10(i) 12,306,721 12,905,693 - - Financial investments at fair value through profit or loss A10(ii) 45,991,787 46,066,479 21,150,777 21,483,165 Financial investments at fair value through other comprehensive income A10(iii) 113,882,819 116,964,234 62,874,002 65,619,846 Financial investments at amortised cost A10(iv) 93,657,893 80,786,440 80,025,095 67,965,825 Loans, advances and financing to financial institutions A11(i) 552,384 907,213 43,057,333 49,564,603 Loans, advances and financing to customers A11(ii) 686,393,882 676,981,380 222,878,229 221,415,399 Derivative assets A36 21,033,029 17,640,228 19,657,959 17,405,045 Insurance contract/takaful certificate assets A12(i) 88,640 103,165 - - Reinsurance contract/retakaful certificate assets A12(ii) 4,891,557 5,274,445 - - Other assets A13 26,110,167 17,316,342 14,341,308 11,827,919 Investment properties 1,045,498 1,042,622 - - Statutory deposits with central banks 12,167,463 11,958,915 3,650,591 3,051,218 Investment in subsidiaries - - 37,130,020 37,133,790 Interest in associates and joint ventures 1,800,056 1,832,384 438,859 438,859 Property, plant and equipment 2,486,228 2,458,303 1,065,467 987,923 Right-of-use assets 1,816,533 1,924,027 1,321,370 1,285,210 Intangible assets 6,333,345 6,532,573 875,709 815,001 Deferred tax assets 1,732,234 1,718,218 350,924 385,973 TOTAL ASSETS 1,080,180,751 1,053,583,593 572,079,330 562,590,638 LIABILITIES Customersʼ funding: - Deposits from customers A14 700,920,073 698,210,227 304,687,639 300,346,778 - Investment accounts of customers1 A40g 33,600,275 32,782,974 - - Deposits and placements from financial institutions A15 48,896,613 42,587,329 72,274,021 69,888,618 Obligations on financial assets sold under repurchase agreements 29,386,927 25,899,425 35,587,467 33,949,068 Derivative liabilities A36 22,732,084 24,535,876 22,227,302 24,156,646 Financial liabilities at fair value through profit or loss A16 10,576,424 9,583,737 7,649,669 6,748,860 Bills and acceptances payable 1,863,769 1,452,395 682,923 608,709 Insurance contract/takaful certificate liabilities A12(i) 48,523,169 47,093,930 - - Reinsurance contract/retakaful certificate liabilities A12(ii) 10,066 32,762 - - Other liabilities A18 36,123,155 29,115,493 14,760,388 14,814,278 Provision for taxation and zakat 444,938 395,791 - - Deferred tax liabilities 709,257 814,707 - - Borrowings A17(i) 34,356,875 28,207,145 19,866,987 16,802,922 Subordinated obligations A17(ii) 13,923,612 14,452,872 13,609,310 14,138,570 Capital securities A17(iii) 1,577,246 1,577,087 1,577,246 1,577,087 TOTAL LIABILITIES 983,644,483 956,741,750 492,922,952 483,031,536 1 Investment accounts of customers are used to fund financing and advances as disclosed in Note A40e. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) BankGroup UNAUDITED STATEMENTS OF FINANCIAL POSITION AS AT 30 JUNE 2026 CONDENSED FINANCIAL STATEMENTS 5
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30 June 31 December 30 June 31 December 2026 2025 2026 2025 Note RM'000 RM'000 RM'000 RM'000 EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF THE BANK Share capital 55,045,741 54,882,333 55,045,741 54,882,333 Shares held-in-trust (78) (78) (78) (78) Retained profits 38,392,617 37,756,235 19,392,253 20,053,014 Reserves (392,867) 806,137 4,718,462 4,623,833 93,045,413 93,444,627 79,156,378 79,559,102 Non-controlling interests 3,490,855 3,397,216 - - 96,536,268 96,841,843 79,156,378 79,559,102 TOTAL LIABILITIES AND SHAREHOLDERSʼ EQUITY 1,080,180,751 1,053,583,593 572,079,330 562,590,638 COMMITMENTS AND CONTINGENCIES A34 2,025,597,752 2,069,301,088 1,892,953,690 1,965,141,573 CAPITAL ADEQUACY A35 The capital adequacy ratios of the Group and of the Bank are as follows: CET1 Capital Ratio 15.657% 16.041% 15.686% 15.558% Tier 1 Capital Ratio 16.029% 16.419% 15.922% 15.787% Total Capital Ratio 19.413% 19.960% 19.613% 19.599% Net assets per share attributable to equity holders of the Bank RM7.69 RM7.73 RM6.54 RM6.59 (These unaudited condensed interim financial statements should be read in conjunction with the audited annual financial statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to these financial statements) MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) CONDENSED FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF FINANCIAL POSITION AS AT 30 JUNE 2026 BankGroup 6
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Fair Value Through Other Comprehensive Exchange Total Non- Share Shares Statutory Regulatory Income Fluctuation ESGP Other Retained Shareholders' Controlling Total Capital Held-in-trust Reserve Reserve Reserve Reserve Reserve Reserves 1 Profits 2 Equity Interests Equity Group RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 54,882,333 (78) 517,166 2,091,415 3,280,958 (4,753,996) 124,988 (454,394) 37,756,235 93,444,627 3,397,216 96,841,843 Profit for the financial period - - - - - - - - 5,171,020 5,171,020 150,140 5,321,160 Other comprehensive (loss)/income - - - - (1,140,786) (565,955) - 73,845 - (1,632,896) (45,707) (1,678,603) Defined benefit plan actuarial (loss)/gain - - - - - - - (1,011) - (1,011) 255 (756) Share of associatesʼ reserve - - - - (47,565) 25,224 - - - (22,341) - (22,341) Net loss on foreign exchange translation - - - - - (591,179) - - - (591,179) (40,864) (632,043) Net loss on financial investments at fair value through other comprehensive income - - - - (1,093,221) - - - - (1,093,221) (40,760) (1,133,981) Cost of hedging for fair value hedge - - - - - - - 808 - 808 - 808 Net loss on capital reserve - - - - - - - (4,975) - (4,975) (246) (5,221) Net loss on revaluation reserve - - - - - - - (1,099) - (1,099) - (1,099) Net insurance finance/investment result - - - - - - - 80,122 - 80,122 35,908 116,030 Total comprehensive (loss)/income for the financial period - - - - (1,140,786) (565,955) - 73,845 5,171,020 3,538,124 104,433 3,642,557 Carried forward 54,882,333 (78) 517,166 2,091,415 2,140,172 (5,319,951) 124,988 (380,549) 42,927,255 96,982,751 3,501,649 100,484,400 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) CONDENSED FINANCIAL STATEMENTS UNAUDITED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE FINANCIAL HALF YEAR ENDED 30 JUNE 2026 <================================= Attributable to equity holders of the Bank =================================> <========================== Non-Distributable ==========================> 7
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Fair Value Through Other Comprehensive Exchange Total Non- Share Shares Statutory Regulatory Income Fluctuation ESGP Other Retained Shareholders' Controlling Total Capital Held-in-trust Reserve Reserve Reserve Reserve Reserve Reserves 1 Profits 2 Equity Interests Equity Group (contʼd.) RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Brought forward 54,882,333 (78) 517,166 2,091,415 2,140,172 (5,319,951) 124,988 (380,549) 42,927,255 96,982,751 3,501,649 100,484,400 Net gain on disposal of financial investments at fair value through other comprehensive income - - - - (3,842) - - - 3,842 - - - Share-based payment under Maybank Group Employees’ Share Grant Plan (“ESGP”) - - - - - - 49,427 - - 49,427 - 49,427 Effect of net acquisition from/disposal to non-controlling interests - - - - - - - - - - (3,730) (3,730) Transfer to statutory reserve - - 31,279 - - - - - (31,279) - - - Transfer to regulatory reserve - - - 520,436 - - - - (520,436) - - - Issue of shares pursuant to Maybank Group ESGP (Note A8(i)(a)) 163,408 - - - - - (163,408) - - - - - Dividends paid (Note A9) - - - - - - - - (3,986,765) (3,986,765) (7,064) (3,993,829) Total transactions with shareholders/ other equity movements 163,408 - 31,279 520,436 (3,842) - (113,981) - (4,534,638) (3,937,338) (10,794) (3,948,132) At 30 June 2026 55,045,741 (78) 548,445 2,611,851 2,136,330 (5,319,951) 11,007 (380,549) 38,392,617 93,045,413 3,490,855 96,536,268 1 2 (These unaudited condensed interim financial statements should be read in conjunction with the audited annual financial statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to these financial statements) UNAUDITED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE FINANCIAL HALF YEAR ENDED 30 JUNE 2026 <================================= Attributable to equity holders of the Bank =================================> <========================== Non-Distributable ==========================> The further breakdown and movement of other reserves are disclosed in Note A19. The retained profits of the Group include the non-distributable Life Funds surplus from an insurance subsidiary amounted to RM968.1 million (net of tax). This non-distributable Life Funds surplus is only available for distribution to shareholder on the amount recommended by the Appointed Actuary in accordance with the Financial Services Act 2013. CONDENSED FINANCIAL STATEMENTS MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 8
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Fair Value Through Other Comprehensive Exchange Total Non- Share Shares Statutory Regulatory Income Fluctuation ESGP Other Retained Shareholders' Controlling Total Capital Held-in-trust Reserve Reserve Reserve Reserve Reserve Reserves 1 Profits 2 Equity Interests Equity Group RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 54,736,195 (1,764) 502,436 2,846,576 2,731,389 (532,658) 110,928 (450,832) 34,028,358 93,970,628 3,236,509 97,207,137 Profit for the financial period - - - - - - - - 5,216,886 5,216,886 128,760 5,345,646 Other comprehensive income/(loss) - - - - 718,157 (1,826,514) - (75,003) - (1,183,360) 9,697 (1,173,663) Defined benefit plan actuarial gain - - - - - - - 4,342 - 4,342 148 4,490 Share of associatesʼ reserve - - - - 19,346 (72,129) - - - (52,783) - (52,783) Net loss on foreign exchange translation - - - - - (1,754,385) - - - (1,754,385) (6,330) (1,760,715) Net gain on financial investments at fair value through other comprehensive income - - - - 698,811 - - - - 698,811 52,821 751,632 Cost of hedging for fair value hedge - - - - - - - 3,295 - 3,295 - 3,295 Net loss on capital reserve - - - - - - - (243) - (243) (11) (254) Net gain on revaluation reserve - - - - - - - - - - 1 1 Net insurance finance/investment result - - - - - - - (82,397) - (82,397) (36,932) (119,329) Total comprehensive income/(loss) for the financial period - - - - 718,157 (1,826,514) - (75,003) 5,216,886 4,033,526 138,457 4,171,983 Carried forward 54,736,195 (1,764) 502,436 2,846,576 3,449,546 (2,359,172) 110,928 (525,835) 39,245,244 98,004,154 3,374,966 101,379,120 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) CONDENSED FINANCIAL STATEMENTS UNAUDITED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE FINANCIAL HALF YEAR ENDED 30 JUNE 2026 <================================= Attributable to equity holders of the Bank =================================> <========================== Non-Distributable ==========================> 9
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Fair Value Through Other Comprehensive Exchange Total Non- Share Shares Statutory Regulatory Income Fluctuation ESGP Other Retained Shareholders' Controlling Total Capital Held-in-trust Reserve Reserve Reserve Reserve Reserve Reserves 1 Profits 2 Equity Interests Equity Group (contʼd.) RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Brought forward 54,736,195 (1,764) 502,436 2,846,576 3,449,546 (2,359,172) 110,928 (525,835) 39,245,244 98,004,154 3,374,966 101,379,120 Net gain on disposal of financial investments at fair value through other comprehensive income - - - - (146) - - - 146 - - - Share-based payment under Maybank Group Employees’ Share Grant Plan (“ESGP”) - - - - - - 30,188 - - 30,188 - 30,188 Effect of changes in corporate structure within the Group - - - - - - - - - - (25,312) (25,312) Effect of net acquisition from/disposal to non-controlling interests - - - - - - - - - - 34,099 34,099 Transfer to statutory reserve - - 9,758 - - - - - (9,758) - - - Transfer from regulatory reserve - - - (214,605) - - - - 214,605 - - - Issue of shares pursuant to Maybank Group ESGP 146,119 - - - - - (88,491) - (57,628) - - - Dividends paid - - - - - - - - (3,861,425) (3,861,425) (95,686) (3,957,111) Total transactions with shareholders/ other equity movements 146,119 - 9,758 (214,605) (146) - (58,303) - (3,714,060) (3,831,237) (86,899) (3,918,136) At 30 June 2025 54,882,314 (1,764) 512,194 2,631,971 3,449,400 (2,359,172) 52,625 (525,835) 35,531,184 94,172,917 3,288,067 97,460,984 1 2 (These unaudited condensed interim financial statements should be read in conjunction with the audited annual financial statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to these financial statements) UNAUDITED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE FINANCIAL HALF YEAR ENDED 30 JUNE 2026 <================================= Attributable to equity holders of the Bank =================================> <========================== Non-Distributable ==========================> The further breakdown and movement of other reserves are disclosed in Note A19. The retained profits of the Group include the non-distributable Life Funds surplus from an insurance subsidiary amounted to RM973.6 million (net of tax). This non-distributable Life Funds surplus is only available for distribution to shareholder on the amount recommended by the Appointed Actuary in accordance with the Financial Services Act 2013. CONDENSED FINANCIAL STATEMENTS MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 10
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Fair Value Through Other Comprehensive Exchange Distributable Share Shares Statutory Regulatory Income Fluctuation ESGP Hedge Retained Total Capital Held-in-trust Reserve Reserve Reserve Reserve Reserve Reserve Profits Equity Bank RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 54,882,333 (78) 107,451 1,554,671 1,594,548 1,248,162 124,988 (5,987) 20,053,014 79,559,102 Profit for the financial period - - - - - - - - 3,815,477 3,815,477 Other comprehensive (loss)/income - - - - (328,572) 46,874 - 835 - (280,863) Net gain on foreign exchange translation - - - - - 46,874 - - - 46,874 Net loss on financial investments at fair value through other comprehensive income - - - - (328,572) - - - - (328,572) Cost of hedging for fair value hedge - - - - - - - 835 - 835 Total comprehensive (loss)/income for the financial period - - - - (328,572) 46,874 - 835 3,815,477 3,534,614 Net gain on disposal of financial investments at fair value through other comprehensive income - - - - (3,798) - - - 3,798 - Share-based payment under Maybank Group Employees’ Share Grant Plan (“ESGP”) - - - - - - 49,427 - - 49,427 Transfer to statutory reserve - - 27,774 - - - - - (27,774) - Transfer to regulatory reserve - - - 465,497 - - - - (465,497) - Issue of shares pursuant to Maybank Group ESGP (Note A8(i)(a)) 163,408 - - - - - (163,408) - - - Dividends paid (Note A9(a)) - - - - - - - - (3,986,765) (3,986,765) Total transactions with shareholders/ other equity movements 163,408 - 27,774 465,497 (3,798) - (113,981) - (4,476,238) (3,937,338) At 30 June 2026 55,045,741 (78) 135,225 2,020,168 1,262,178 1,295,036 11,007 (5,152) 19,392,253 79,156,378 <=============================== Attributable to equity holders of the Bank ===============================> (These unaudited condensed interim financial statements should be read in conjunction with the audited annual financial statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to these financial statements) MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) CONDENSED FINANCIAL STATEMENTS UNAUDITED STATEMENT OF CHANGES IN EQUITY FOR THE FINANCIAL HALF YEAR ENDED 30 JUNE 2026 <============================ Non-Distributable ============================> 11
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Fair Value Through Other Comprehensive Exchange Distributable Share Shares Statutory Regulatory Income Fluctuation ESGP Hedge Retained Total Capital Held-in-trust Reserve Reserve Reserve Reserve Reserve Reserve Profits Equity Bank RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 54,736,195 (1,764) 98,094 2,230,452 1,763,015 2,790,276 110,928 (12,132) 16,822,741 78,537,805 Profit for the financial period - - - - - - - - 6,043,587 6,043,587 Other comprehensive income/(loss) - - - - 372,328 (769,600) - 3,295 - (393,977) Net loss on foreign exchange translation - - - - - (769,600) - - - (769,600) Net gain on financial investments at fair value through other comprehensive income - - - - 372,328 - - - - 372,328 Cost of hedging for fair value hedge - - - - - - - 3,295 - 3,295 Total comprehensive income/(loss) for the financial period - - - - 372,328 (769,600) - 3,295 6,043,587 5,649,610 Share-based payment under Maybank Group Employees’ Share Grant Plan (“ESGP”) - - - - - - 30,188 - - 30,188 Transfer to statutory reserve - - 9,758 - - - - - (9,758) - Transfer from regulatory reserve - - - (80,135) - - - - 80,135 - Issue of shares pursuant to Maybank Group ESGP 146,119 - - - - - (88,491) - (57,628) - Dividends paid - - - - - - - - (3,861,425) (3,861,425) Total transactions with shareholders/ other equity movements 146,119 - 9,758 (80,135) - - (58,303) - (3,848,676) (3,831,237) At 30 June 2025 54,882,314 (1,764) 107,852 2,150,317 2,135,343 2,020,676 52,625 (8,837) 19,017,652 80,356,178 <=============================== Attributable to equity holders of the Bank ===============================> <============================ Non-Distributable ============================> (These unaudited condensed interim financial statements should be read in conjunction with the audited annual financial statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to these financial statements) MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) CONDENSED FINANCIAL STATEMENTS UNAUDITED STATEMENT OF CHANGES IN EQUITY FOR THE FINANCIAL HALF YEAR ENDED 30 JUNE 2026 12
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30 June 30 June 30 June 30 June 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Cash flows from operating activities Profit before taxation and zakat 6,932,924 7,105,721 4,406,160 6,879,412 Adjustments for: Share of losses/(profits) in associates and joint ventures 6,874 (138,114) - - Depreciation of property, plant and equipment 162,581 158,007 36,583 34,820 Depreciation of right-of-use assets 252,642 253,496 64,311 56,581 Amortisation of intangible assets 149,722 133,833 57,476 40,623 Gain on disposal of property, plant and equipment (1,011) (729) (569) (203) Excess of capital repayment of a subsidiary - - (3,317) - Net gain on change in structure/disposal of deemed controlled structured entities (420) (4,781) (1,115) (1,667) Net loss on dilution/disposal of interest in associate - 270 - - Net gain on disposal of financial assets at fair value through profit or loss (907,750) (179,562) (261,469) (281,247) Net gain on disposal of financial investments at fair value through other comprehensive income (261,636) (983,870) (282,332) (700,946) Unrealised loss/(gain) on revaluation of financial assets at fair value through profit or loss and derivatives 148,466 625,386 (174,801) 608,131 Unrealised loss/(gain) on revaluation of financial liabilities at fair value through profit or loss 78,411 (298,186) 78,411 (298,186) Allowances for/(writeback of) impairment losses on loans, advances and financing, net 1,203,841 1,128,917 (5,759) 395,805 Allowances for impairment losses on other debts 3,557 3,899 2,385 1,063 (Writeback of)/allowances for impairment losses on financial investments, net (338,058) 65,233 (3,310) 18,542 (Writeback of)/allowances for impairment losses on other assets and investment in a subsidiary, net (23,702) 28,192 2,609 168,123 Dividend income (257,930) (154,281) (1,919,578) (3,738,438) ESGP expenses 93,659 56,165 55,867 32,482 Other adjustments for non-operating and non-cash items 89,745 83,284 (46,871) (113,363) Operating profit before working capital changes 7,331,915 7,882,880 2,004,681 3,101,532 Change in cash and short-term funds with original maturity of more than three months (4,421) (487,057) (3,342,226) (1,061,452) Change in deposits and placements with financial institutions with original maturity of more than three months (176,122) 862,275 (1,081,678) (799,250) Change in financial investments portfolio (11,780,981) 5,915,814 (11,000,273) 5,248,932 Change in loans, advances and financing (11,904,406) (9,677,533) 5,505,566 1,672,128 Change in insurance/reinsurance contract/ takaful/retakaful certificate assets 395,355 299,066 - - Change in statutory deposits with central banks (208,745) 5,191,528 (599,374) 612,752 Change in deposits from customers 4,402,893 9,895,786 4,498,296 156,343 Change in investment accounts of customers 817,301 1,809,805 - - Change in deposits and placements from financial institutions 6,309,285 2,178,096 2,385,403 7,198,376 Change in financial liabilities at fair value through profit or loss 548,887 (505,334) 457,010 (13,703) Change in insurance/reinsurance contract/takaful/retakaful certificate liabilities 1,396,478 886,664 - - Change in other operating activities (763,446) (10,893,991) (4,610,496) (4,115,848) Cash (used in)/generated from operations (3,636,007) 13,357,999 (5,783,091) 11,999,810 Taxes and zakat paid (1,548,099) (1,546,345) (686,013) (729,830) Net cash (used in)/generated from operating activities (5,184,106) 11,811,654 (6,469,104) 11,269,980 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) CONDENSED FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF CASH FLOWS FOR THE FINANCIAL HALF YEAR ENDED 30 JUNE 2026 Group Bank 13
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30 June 30 June 30 June 30 June 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Cash flows from investing activities Dividends received from: - financial investments portfolio 257,930 154,281 43,930 6,130 - subsidiaries - - 1,875,648 3,731,564 - associates - - - 744 Purchase of property, plant and equipment (211,256) (217,013) (114,803) (47,787) Purchase of intangible assets (190,823) (113,471) (46,175) (71,112) Purchase of investment properties (68) (287) - - Purchase of additional ordinary shares in existing subsidiaries - - (16,519) (1,372,894) Proceeds from disposal of property, plant and equipment 2,716 5,532 1,019 219 Purchase of shares in deemed controlled structured entities - - - (22,150) Net effect arising from transaction with non-controlling interests - 4,781 - - Net effect arising from capital repayment of a subsidiary - - 10,289 - Net effect arising from liquidation/disposal of a subsidiary - - 3,317 - Net cash (used in)/generated from investing activities (141,501) (166,177) 1,756,706 2,224,714 Cash flows from financing activities Drawdown/(repayment) of borrowings, net 6,179,614 (4,438,586) 2,958,243 (1,754,186) Issuance of subordinated obligations 1,200,000 750,000 1,200,000 750,000 Redemption of subordinated obligations (1,700,000) - (1,700,000) - Repayment of lease liabilities (163,420) (186,357) (30,021) (31,442) Dividends paid (3,986,765) (3,861,425) (3,986,765) (3,861,425) Dividends paid to non-controlling interests (7,064) (95,686) - - Net cash generated from/(used in) financing activities 1,522,365 (7,832,054) (1,558,543) (4,897,053) Net (decrease)/increase in cash and cash equivalents (3,803,242) 3,813,423 (6,270,941) 8,597,641 Cash and cash equivalents at beginning of the financial period 40,580,822 60,775,848 35,957,446 47,807,243 Effects of foreign exchange rate changes 20,719 (534,220) 47,990 (371,305) Cash and cash equivalents at end of the financial period 36,798,299 64,055,051 29,734,495 56,033,579 Cash and cash equivalents comprise: Cash and short-term funds 31,208,805 45,958,510 25,330,579 39,482,428 Deposits and placements with financial institutions 7,577,921 19,778,573 26,358,468 36,140,294 38,786,726 65,737,083 51,689,047 75,622,722 Less: Cash and short-term funds and deposits and placements with financial institutions, with original maturity of more than three months (1,927,287) (1,618,814) (21,893,412) (19,525,925) Restricted deposits and placements with financial institutions (61,140) (63,218) (61,140) (63,218) Cash and cash equivalents at end of the financial period 36,798,299 64,055,051 29,734,495 56,033,579 MALAYAN BANKING BERHAD (These unaudited condensed interim financial statements should be read in conjunction with the audited annual financial statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to these financial statements) (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) CONDENSED FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF CASH FLOWS FOR THE FINANCIAL HALF YEAR ENDED 30 JUNE 2026 Group Bank 14
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Part A: A1. Basis of Preparation • • The amendments clarify the following: • • • A financial liability is derecognised on the settlement date, i.e., when the related obligation is discharged, cancelled, expired or the liability otherwise qualifies for derecognition. It also introduces an accounting policy choice to derecognise financial liabilities that are settled through an electronic payment system (“EPS”) before settlement date if certain conditions are met; Assessment of the contractual cash flow characteristics of financial assets that include Environmental, Social, and Governance ("ESG")-linked features and other similar contingent features; and The treatment of non-recourse assets and contractually linked instruments (“CLI”). MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Explanatory Notes Pursuant to Malaysian Financial Reporting Standard 134 (“MFRS 134”) Interim Financial Reporting The unaudited condensed interim financial statements for the Group and the Bank have been prepared under the historical cost convention except for the following assets and liabilities that are stated at fair values: financial assets at fair value through other comprehensive income, financial assets and liabilities at fair value through profit or loss, derivative financial instruments and investment properties. The unaudited condensed interim financial statements have been prepared in accordance with the requirements of Chapter 9, part K of the Listing Requirements of Bursa Malaysia Securities Berhad, MFRS 134 Interim Financial Reporting and IAS 34 Interim Financial Reporting. The adoption of the above amendments to MFRS does not have any significant financial impact to the Groupʼs and the Bankʼs financial statements as disclosed below: The unaudited condensed interim financial statements do not include all the information and disclosures required in the audited annual financial statements, and should be read in conjunction with the audited annual financial statements for the financial year ended 31 December 2025. These explanatory notes attached to the audited condensed interim financial statements provide an explanation of events and transactions that are significant to an understanding of the changes in the financial position and performance of the Group and of the Bank since the financial year ended 31 December 2025. The unaudited condensed interim financial statements of the Group include Islamic banking and insurance business. Islamic banking refers generally to the acceptance of deposits, granting of financing and dealing in Islamic securities under the Shariah principles. Insurance business refers to the underwriting of general and life insurance business, the management of general and family takaful business and investment-linked business. The material accounting policies and methods of computation applied by the Group and the Bank are consistent with those adopted in the most recent audited annual financial statements for the financial year ended 31 December 2025 except for adoption of the following amendments to MFRS Accounting Standards, which is effective for annual periods beginning on or after 1 January 2026: Amendments to MFRS 9 Financial Instruments and MFRS 7 Financial Instruments: Disclosures - Classification and Measurement of Financial Instruments Amendments to MFRS 9 Financial Instruments and MFRS 7 Financial Instruments: Disclosures - Contracts Referencing Nature- dependent Electricity Amendments to MFRS 9 Financial Instruments and MFRS 7 Financial Instruments: Disclosures - Classification and Measurement of Financial Instruments 15
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A1. Basis of Preparation (contʼd.) The amendments clarify the following: • • • • • • Projected future cash flows from unrecognized contractual obligations to purchase electricity within the relevant time periods; Qualitative information on how the entity evaluates if a contract could turn onerous; and Both qualitative and quantitative details regarding the costs and proceeds related to the purchase and sale of electricity, derived from the information used in the ‘net-purchaser’ evaluation. The amendments do not have a significant impact on the preparation of the Group’s and the Bank’s financial statements. Amendments to MFRS 9 Financial Instruments and MFRS 7 Financial Instruments: Disclosures - Contracts Referencing Nature- dependent Electricity For the nature-dependent electricity contracts, like power purchase agreements (“PPAs”) that meet own-use exemptions, an entity is allowed to exclude such contracts from the scope of financial instruments accounting under MFRS 9. Instead, the PPAs will be treated as non-financial contracts as part of normal operating expenses. Own-use exemptions are applied if the electricity is purchased with the intention of being used for the entity’s own operational needs, rather than reselling it or using it as a trading asset. The entity needs to expect that the quantity of electricity it agrees to purchase will align with its expected consumption needs and must actually use the electricity it buys; and On the other hand, for the PPAs that do not meet the own-use exemption, such contracts are recognised as derivatives and valued at fair value through profit or loss (“FVTPL”). Applying hedge accounting can help entities reduce profit or loss volatility by aligning the accounting treatment with how these PPAs hedge the price fluctuations of future electricity purchases or sales. Under the amendments, an entity may apply the own-use exemption to certain PPAs, meaning these contracts would not be recognised on its statement of financial position. In this scenario, the entity is required to provide additional disclosures on: Contractual features that subject the entity to fluctuations in electricity volume and the risk of receiving surplus supply; The amendments do not have a significant impact on the preparation of the Group’s and the Bank’s financial statements. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Amendments to MFRS 9 Financial Instruments and MFRS 7 Financial Instruments: Disclosures - Classification and Measurement of Financial Instruments (contʼd.) The amendments require additional disclosures in MFRS 7 for financial assets and liabilities with contractual terms that reference a contingent event (including those that are ESG-linked), and equity instruments classified at Fair Value through Other Comprehensive Income ("FVOCI"). The new requirements can be applied retrospectively with an adjustment to opening retained earnings. Prior periods are not required to be restated and can only be restated without using hindsight. An entity is required to disclose information about financial assets that change their measurement category due to the amendments. 16
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A2. Accounting Policies A3. A4. Auditorsʼ Report on Preceding Audited Annual Financial Statements A5. Seasonal or Cyclical Factors A6. Unusual Items Due to Their Nature, Size or Incidence A7. Changes in Estimates A8. Changes in Debt and Equity Securities (i) (a) Share capital The share capital of the Bank increased from RM54,882,332,779 as at 31 December 2025 to RM55,045,741,031 as at 30 June 2026 via issuance of 14,221,780 new ordinary shares amounting to RM163,408,252 arising from the Employeesʼ Share Grant Plan (“ESGP”). The issued ordinary shares of the Bank as at 30 June 2026 is 12,095,327,095 units (31 December 2025: 12,081,105,315 units). The following are the changes in debt and equity securities of the Group and of the Bank during the financial half year ended 30 June 2026: In preparing these unaudited condensed interim financial statements, the significant judgements made by management in applying the Group’s and the Bankʼs accounting policies and the key sources of estimation uncertainty were the same as those that applied to the audited annual financial statements for the financial year ended 31 December 2025. The operations of the Group and of the Bank were not materially affected by any seasonal or cyclical factors during the financial half year ended 30 June 2026. MALAYAN BANKING BERHAD The audited annual financial statements of the Group and of the Bank for the financial year ended 31 December 2025 were prepared in accordance with MFRS Accounting Standards and IFRS Accounting Standards and the requirements of the Companies Act 2016 in Malaysia. The material accounting policies adopted in preparing these unaudited condensed interim financial statements are consistent with those of the audited annual financial statements for the financial year ended 31 December 2025 except for the adoption of the amendments to MFRS Accounting Standards which is effective for annual periods beginning on or after 1 January 2026 as disclosed in Note A1. The auditorsʼ report on the audited annual financial statements for the financial year ended 31 December 2025 was not qualified. Significant Accounting Estimates and Judgements The preparation of unaudited condensed interim financial statements requires management to make judgements, estimates and assumptions that affect the application of accounting policies and the reported amounts of income, expenses, assets, liabilities, the accompanying disclosures and the disclosure of contingent liabilities. Although these estimates and judgements are based on management’s best knowledge of current events and actions, actual results may differ. (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) During the financial half year ended 30 June 2026, save as disclosed in Note A8 below, there were no unusual items affecting the assets, liabilities, equity, net income or cash flows of the Group and of the Bank. There were no material changes in estimates during the financial half year ended 30 June 2026. 17
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A8. Changes in Debt and Equity Securities (contʼd.) (i) (b) Borrowings USD Floating Rate Notes 600.0 HKD Fixed Rate Notes 205.0 USD Fixed Rate Notes 130.0 Redemption of medium term notes HKD Zero Coupon Notes 375.0 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) The following are the changes in debt and equity securities of the Group and of the Bank during the financial half year ended 30 June 2026 (contʼd.): HKD Fixed Rate Notes 200.0 Issuance/redemption of medium term notes by the Bank Currency Description Aggregate Nominal Value (in million) Issuance of medium term notes Issuance/redemption of bonds by PT Bank Maybank Indonesia Tbk and its subsidiaries Currency Description Aggregate Nominal Value (in million) IDR Fixed Rate Notes 3,766,200.0 Redemption of bonds IDR Fixed Rate Notes 779,000.0 RM Zero Coupon Notes 2,000.0 HKD Zero Coupon Notes 260.0 Issuance of commercial papers by the Bank The aggregate nominal value of the commercial papers issued by the Bank and outstanding as at 30 June 2026 are as follows: Currency Description Aggregate Nominal Value (in million) RM Fixed Rate Notes 3,505.0 * Extendible money market certificates Issuance of commercial papers by Maybank Singapore Limited The aggregate nominal value of the commercial papers issued by Maybank Singapore Limited and outstanding as at 30 June 2026 are as follows: Currency Description Aggregate Nominal Value (in million) SGD Fixed Rate Notes* 261.4 USD Fixed Rate Notes* 7.1 USD Zero Coupon Notes 16.0 Issuance of Islamic medium tem notes by Maybank Islamic Berhad The aggregate nominal value of the Islamic medium term notes issued by Maybank Islamic Berhad and outstanding as at 30 June 2026 are as follows: Currency Description Aggregate Nominal Value (in million) RM Fixed Rate IMTN 3,000.0 18
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A8. Changes in Debt and Equity Securities (contʼd.) (i) (b) Borrowings (contʼd.) (c) Subordinated Obligations Issue Date First Call Date Nominal Value Tenor 13 May 2026 13 May 2031 RM240.0 million 10 years 13 May 2026 13 May 2033 RM310.0 million 12 years 13 May 2026 13 May 2036 RM650.0 million 15 years MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) The following are the changes in debt and equity securities of the Group and of the Bank during the financial half year ended 30 June 2026 (contʼd.): Repayment of borrowings by the Bank The aggregate nominal value of borrowings repaid by the Bank as at 30 June 2026 are as follows: Currency Description Aggregate Nominal Value (in million) RM Government Financing Scheme 1,798.0 Borrowings IDR Borrowings 2,507,709,231.0 INR Borrowings 250,000.0 Borrowings/repayment of borrowings by PT Bank Maybank Indonesia Tbk and its subsidiaries The aggregate nominal value of borrowings and the repayments by PT Bank Maybank Indonesia Tbk and its subsidiaries as at 30 June 2026 are as follows: Currency Description Aggregate Nominal Value (in million) USD Borrowings 158,994.6 Borrowings/repayment of borrowings by Maybank IBG Holdings Limited and its subsidiaries The aggregate nominal value of borrowings and the repayments by Maybank IBG Holdings Limited and its subsidiaries as at 30 June 2026 are as follows: Currency Description Aggregate Nominal Value (in million) Borrowings Repayment of borrowings IDR Borrowings 2,637,174.8 Repayment of borrowings THB Borrowings 1,426.7 IDR Borrowings 550,000.0 USD Borrowings 25.0 VND Borrowings 63,000.0 SGD Borrowings 226.0 HKD Borrowings 27.0 Issuance of Tier 2 Subordinated Sukuk Murabahah pursuant to the RM30.0 billion Sukuk Programme of the Bank Issuance Maturity Date Description Issuance 13 May 2041 Tier 2 Subordinated Sukuk Murabahah (15 non-call 10) Issuance 13 May 2036 Tier 2 Subordinated Sukuk Murabahah (10 non-call 5) Issuance 13 May 2038 Tier 2 Subordinated Sukuk Murabahah (12 non-call 7) 19
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A8. Changes in Debt and Equity Securities (contʼd.) (i) (c) Subordinated Obligations (contʼd.) First Call Date Nominal Value Tenor 30 January 2026 RM1.7 billion 12 years (ii) (a) Borrowings Borrowings 303,000.0 Repayment of borrowings by Maybank IBG Holdings Limited and its subsidiaries Currency Description Aggregate Nominal Value (in million) IDR Borrowings 1,395,000.0 VND Currency Description Aggregate Nominal Value (in million) IDR Fixed Rate Notes 595,000.0 INR Borrowings 250.0 Repayment of borrowings by PT Bank Maybank Indonesia Tbk and its subsidiaries Currency Description Aggregate Nominal Value (in million) IDR Borrowings 1,659,583.0 Redemption of RM1.7 billion Tier 2 Subordinated Sukuk Murabahah pursuant to the RM30.0 billion Sukuk Programme of the Bank1 Redemption Maturity Date Description MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Redemption 31 January 2031 Tier 2 Subordinated Sukuk Murabahah (12 non-call 7) 1The subordinated sukuk was fully redeemed on the First Call Date. The following are the changes in debt and equity securities of the Group and of the Bank during the financial half year ended 30 June 2026 (contʼd.): Redemption of bonds by PT Bank Maybank Indonesia Tbk and its subsidiaries USD Fixed Rate Notes 20.0 The following are the changes in debt securities of the Group and of the Bank subsequent to the financial half year ended 30 June 2026 and have not been reflected in the financial statements for the financial half year ended 30 June 2026: Issuance of medium term notes by the Bank Currency Description Aggregate Nominal Value (in million) 226.0 HKD Borrowings 56.0 USD Borrowings 77.4 SGD Borrowings THB Borrowings 249.6 20
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A8. Changes in Debt and Equity Securities (contʼd.) (ii) (b) Subordinated Obligations First Call Date Nominal Value Tenor 5 August 2026 RM3.0 billion 10 years Issue Date First Call Date Nominal Value Tenor 11 August 2026 11 August 2031 RM400.0 million 10 years 11 August 2026 11 August 2033 RM1,800.0 million 12 years 11 August 2026 11 August 2036 RM1,200.0 million 15 years 11 August 2026 11 August 2038 RM1,400.0 million 17 years A9. Dividends Paid (a) (b) (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) The following are the changes in debt securities of the Group and of the Bank subsequent to the financial half year ended 30 June 2026 and have not been reflected in the financial statements for the financial half year ended 30 June 2026 (contʼd.): MALAYAN BANKING BERHAD 11 August 2038 Tier 2 Subordinated Sukuk Murabahah (12 non-call 7) 9 August 2041 Redemption of Tier 2 Subordinated Sukuk Murabahah pursuant to the RM30.0 billion Sukuk Programme of the Bank1 Redemption Maturity Date Description Tier 2 Subordinated Sukuk Murabahah (15 non-call 10) Redemption 5 August 2031 Tier 2 Subordinated Sukuk Murabahah (10 non-call 5) 1The subordinated sukuk was fully redeemed on the First Call Date. Dividends paid during the financial half year ended 30 June 2026 are as follows: A single-tier second interim cash dividend, in respect of the financial year ended 31 December 2025 of 33.0 sen per ordinary share, was declared by the Bank on 26 February 2026. Issuance Issuance 11 August 2043 Tier 2 Subordinated Sukuk Murabahah (17 non-call 12) Issuance of Tier 2 Subordinated Sukuk Murabahah pursuant to the RM30.0 billion Sukuk Programme of the Bank Maturity Date DescriptionIssuance Issuance 11 August 2036 Tier 2 Subordinated Sukuk Murabahah (10 non-call 5) Issuance The single-tier second interim cash dividend of 33.0 sen amounted to RM3,986,764,754 was paid on 26 March 2026. Dividends paid by Maybankʼs subsidiaries to non-controlling interests amounted to RM7,064,000 during the financial half year ended 30 June 2026. 21
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A10. Financial Investments Portfolio 30 June 31 December 30 June 31 December 2026 2025 2026 2025 Note RM'000 RM'000 RM'000 RM'000 Financial assets designated upon initial recognition at fair value through profit or loss (i) 12,306,721 12,905,693 - - Financial investments at fair value through profit or loss (ii) 45,991,787 46,066,479 21,150,777 21,483,165 Financial investments at fair value through other comprehensive income (iii) 113,882,819 116,964,234 62,874,002 65,619,846 Financial investments at amortised cost (iv) 93,657,893 80,786,440 80,025,095 67,965,825 265,839,220 256,722,846 164,049,874 155,068,836 (i) Financial assets designated upon initial recognition at fair value through profit or loss (“FVTPL”) 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 At fair value Money market instruments: Malaysian Government Securities 407,189 260,936 - - Malaysian Government Investment Issues 660,965 859,069 - - Negotiable Islamic Certificates of Deposits 127,096 20,161 - - 1,195,250 1,140,166 - - Quoted securities: Outside Malaysia: Shares, warrants and loan stocks - 13,952 - - - 13,952 - - Unquoted securities: In Malaysia: Corporate Bonds and Sukuk 10,881,618 11,485,186 - - Outside Malaysia: Corporate Bonds and Sukuk 229,853 266,389 - - 11,111,471 11,751,575 - - Total financial assets designated upon initial recognition at FVTPL 12,306,721 12,905,693 - - Group Bank Included in notes (iii) and (iv) are the impact of the Group Investment Management Framework (“GIMF”) implementation during the financial year ended 31 December 2025 which constitutes a change in business model for managing financial assets under MFRS 9 Financial Instruments . MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Group Bank 22
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A10. Financial Investments Portfolio (contʼd.) (ii) Financial investments at fair value through profit or loss (“FVTPL”) 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 At fair value Money market instruments: Malaysian Government Securities 1,254,811 2,528,403 1,234,633 2,507,234 Malaysian Government Investment Issues 1,253,385 1,493,517 957,975 1,264,664 Cagamas Bonds 140,634 130,592 - - Foreign Government Securities 3,649,376 4,870,749 2,930,238 3,766,203 Malaysian Government Treasury Bills 3,392,063 3,320,854 2,498,061 2,469,262 Bank Negara Malaysia Bills and Notes 161,963 - 161,963 - 9,852,232 12,344,115 7,782,870 10,007,363 Quoted securities: In Malaysia: Shares, warrants, mutual funds and loan stocks 5,422,582 6,160,492 761,135 820,950 Unit trusts 857,662 459,531 722,671 348,815 Outside Malaysia: Shares, warrants, mutual funds and loan stocks 9,511,026 11,588,139 2,287,242 3,954,763 Unit trusts 1,581,280 1,927,215 - 324,802 Corporate Bonds and Sukuk 2,688,586 2,586,485 - - Government Bonds 144,740 100,564 - - Government Treasury Bills 6,290 22,101 - - 20,212,166 22,844,527 3,771,048 5,449,330 Unquoted securities: In Malaysia: Shares 1,057,925 1,057,925 832,443 832,443 Unit trusts 3,306,770 2,495,629 - - Corporate Bonds and Sukuk 2,237,756 2,577,825 984,787 1,217,334 Structured deposits 196,018 131,566 - - Outside Malaysia: Shares 698 12,966 - - Unit trusts 249,112 179,824 - - Mutual funds 660,995 253,477 - - Corporate Bonds and Sukuk 739,490 319,460 301,004 127,530 Government Bonds 7,478,625 3,849,165 7,478,625 3,849,165 15,927,389 10,877,837 9,596,859 6,026,472 Total financial investments at FVTPL 45,991,787 46,066,479 21,150,777 21,483,165 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Group Bank 23
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A10. Financial Investments Portfolio (contʼd.) (iii) Financial investments at fair value through other comprehensive income (“FVOCI”) 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 At fair value Money market instruments: Malaysian Government Securities 9,100,658 10,848,647 8,853,532 10,545,981 Malaysian Government Investment Issues 15,857,205 17,973,658 6,098,078 7,270,308 Negotiable instruments of deposits 772,101 204,813 330,174 - Foreign Government Securities 10,409,920 11,013,717 2,877,592 2,711,057 Foreign Government Treasury Bills 2,870,779 4,799,020 155,579 1,279,699 Cagamas Bonds 622,742 571,186 622,742 571,186 39,633,405 45,411,041 18,937,697 22,378,231 Quoted securities: In Malaysia: Shares, warrants and loan stocks 753,972 715,093 301,935 349,900 Corporate Bonds and Sukuk - 17,796 - 21,377 Outside Malaysia: Corporate Bonds and Sukuk 4,025,979 3,840,637 - - Government Bonds 1,395,466 1,238,310 - - 6,175,417 5,811,836 301,935 371,277 Unquoted securities: In Malaysia: Shares and loan stocks 431,066 433,457 423,879 423,778 Government Bonds 156,504 219,173 156,504 219,173 Corporate Bonds and Sukuk 35,906,942 37,634,336 15,260,367 17,903,127 Outside Malaysia: Shares 3,928 4,075 - - Mutual Funds - 2,668 - - Government Bonds 15,541,265 13,127,235 15,089,553 12,715,765 Corporate Bonds and Sukuk 16,034,292 14,320,413 12,704,067 11,608,495 68,073,997 65,741,357 43,634,370 42,870,338 Total financial investments at FVOCI 113,882,819 116,964,234 62,874,002 65,619,846 Group Bank MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 24
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A10. Financial Investments Portfolio (contʼd.) (iii) Financial investments at fair value through other comprehensive income (“FVOCI”) (contʼd.) (a) Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Group ECL impaired impaired Total As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 60,918 300,882 - 361,800 Net remeasurement of allowances 2,207 (297,733) - (295,526) New financial assets originated or purchased 2,346 3,772 - 6,118 Financial assets derecognised (2,286) (1,999) - (4,285) Changes in models/risk parameters (678) (563) - (1,241) Exchange differences (2,012) - - (2,012) At 30 June 2026 60,495 4,359 - 64,854 Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Group ECL impaired impaired Total As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 55,001 7,862 - 62,863 Net remeasurement of allowances (4,096) 293,414 - 289,318 New financial assets originated or purchased 18,440 - - 18,440 Financial assets derecognised (11,015) (396) - (11,411) Changes in models/risk parameters (383) - - (383) Exchange differences 2,971 2 - 2,973 At 31 December 2025 60,918 300,882 - 361,800 (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Movements in the allowances for impairment losses on financial investments at fair value through other comprehensive income are as follows: MALAYAN BANKING BERHAD 25
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A10. Financial Investments Portfolio (contʼd.) (iii) Financial investments at fair value through other comprehensive income (“FVOCI”) (contʼd.) (a) Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Bank ECL impaired impaired Total As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 13,206 2,460 - 15,666 Net remeasurement of allowances 956 - - 956 New financial assets originated or purchased 789 - - 789 Financial assets derecognised (1,616) (2) - (1,618) Changes in models/risk parameters (113) (563) - (676) Exchange differences (76) - - (76) At 30 June 2026 13,146 1,895 - 15,041 Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Bank ECL impaired impaired Total As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 12,488 6,221 - 18,709 Net remeasurement of allowances (5,156) (3,748) - (8,904) New financial assets originated or purchased 6,026 - - 6,026 Financial assets derecognised (5,174) (14) - (5,188) Changes in models/risk parameters (57) - - (57) Exchange differences 5,079 1 - 5,080 At 31 December 2025 13,206 2,460 - 15,666 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Movements in the allowances for impairment losses on financial investments at fair value through other comprehensive income are as follows (contʼd.): 26
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A10. Financial Investments Portfolio (contʼd.) (iv) Financial investments at amortised cost 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 At amortised cost less accumulated impairment losses Money market instruments: Malaysian Government Securities 12,124,985 9,698,036 12,124,885 9,697,936 Malaysian Government Investment Issues 19,254,043 15,423,604 6,890,435 5,826,837 Foreign Government Securities 19,330,392 17,074,965 10,677,652 9,792,640 Khazanah Bonds 76,709 75,104 76,709 75,104 Cagamas Bonds 25,253 25,323 25,253 25,323 Foreign Government Treasury Bills 82,580 111,693 82,580 111,693 Negotiable instruments of deposits - - 10,377,006 - 50,893,962 42,408,725 40,254,520 25,529,533 Unquoted securities: In Malaysia: Corporate Bonds and Sukuk 22,553,246 21,486,637 20,860,452 26,033,823 Government Bonds 143,284 169,244 143,284 169,244 Outside Malaysia: Corporate Bonds and Sukuk 6,621,470 5,459,396 6,655,732 5,496,717 Government Bonds 13,520,230 11,380,037 12,142,778 10,770,984 42,838,230 38,495,314 39,802,246 42,470,768 Allowances for impairment losses (74,299) (117,599) (31,671) (34,476) Total financial investments at amortised cost 93,657,893 80,786,440 80,025,095 67,965,825 (a) Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Group ECL impaired impaired Total As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 43,092 65,278 9,229 117,599 Transferred to Stage 3 - (53,231) 53,231 - Net remeasurement of allowances 679 (7,044) (33,605) (39,970) New financial assets originated or purchased 10,826 - - 10,826 Financial assets derecognised (11,778) - - (11,778) Changes in models/risk parameters (2,202) - - (2,202) Exchange differences (176) - - (176) At 30 June 2026 40,441 5,003 28,855 74,299 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Movements in the allowances for impairment losses on financial investments at amortised cost are as follows: Group Bank 27
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A10. Financial Investments Portfolio (contʼd.) (iv) Financial investments at amortised cost (contʼd.) (a) Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Group ECL impaired impaired Total As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 34,225 15,962 1,080,950 1,131,137 Net remeasurement of allowances 20,124 49,926 486,470 556,520 New financial assets originated or purchased 12,147 - - 12,147 Financial assets derecognised (17,141) (105) - (17,246) Changes in models/risk parameters (143) - - (143) Amount written-off - - (1,558,191) (1,558,191) Exchange differences (6,120) (505) - (6,625) At 31 December 2025 43,092 65,278 9,229 117,599 Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Bank ECL impaired impaired Total As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 22,428 12,048 - 34,476 Net remeasurement of allowances 7,621 (7,044) - 577 New financial assets originated or purchased 9,516 - - 9,516 Financial assets derecognised (11,066) - - (11,066) Changes in models/risk parameters (1,788) - - (1,788) Exchange differences (44) - - (44) At 30 June 2026 26,667 5,004 - 31,671 Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Bank ECL impaired impaired Total As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 19,771 10,504 - 30,275 Net remeasurement of allowances 11,447 2,049 - 13,496 New financial assets originated or purchased 9,715 - - 9,715 Financial assets derecognised (12,540) - - (12,540) Changes in models/risk parameters (143) - - (143) Exchange differences (5,822) (505) - (6,327) At 31 December 2025 22,428 12,048 - 34,476 Movements in the allowances for impairment losses on financial investments at amortised cost are as follows (contʼd.): (Incorporated in Malaysia) MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) 28
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A11. Loans, Advances and Financing 30 June 31 December 30 June 31 December 2026 2025 2026 2025 Note RM'000 RM'000 RM'000 RM'000 Loans, advances and financing to financial institutions (i) 552,384 907,213 43,057,333 49,564,603 Loans, advances and financing to customers (ii) 686,393,882 676,981,380 222,878,229 221,415,399 686,946,266 677,888,593 265,935,562 270,980,002 (i) Loans, advances and financing to financial institutions^: (A) Loans, advances and financing to financial institutions at amortised cost 553,671 908,905 43,191,587 49,713,728 (B) Loans, advances and financing to financial institutions at fair value through other comprehensive income - - - - Gross loans, advances and financing to financial institutions 553,671 908,905 43,191,587 49,713,728 Allowances for loans, advances and financing: - Stage 1 - 12-month ECL (1,250) (1,661) (26,550) (36,072) - Stage 2 - Lifetime ECL not credit impaired (37) (31) (9,149) (13,267) - Stage 3 - Lifetime ECL credit impaired - - (98,555) (99,786) Net loans, advances and financing to financial institutions 552,384 907,213 43,057,333 49,564,603 (ii) Loans, advances and financing to customers: (A) Loans, advances and financing to customers at fair value through other comprehensive income 31,609,880 30,288,409 35,096,550 35,715,653 (B) Loans, advances and financing to customers at amortised cost 737,857,911 732,415,098 191,524,469 189,702,261 769,467,791 762,703,507 226,621,019 225,417,914 Unearned interest and income (74,080,603) (77,063,623) (964,639) (1,082,328) Gross loans, advances and financing to customers 695,387,188 685,639,884 225,656,380 224,335,586 Allowances for loans, advances and financing: - Stage 1 - 12-month ECL (1,923,317) (2,099,634) (755,150) (864,368) - Stage 2 - Lifetime ECL not credit impaired (3,526,882) (3,412,665) (1,215,515) (1,363,852) - Stage 3 - Lifetime ECL credit impaired (3,543,107) (3,146,205) (807,486) (691,967) Net loans, advances and financing to customers 686,393,882 676,981,380 222,878,229 221,415,399 Net loans, advances and financing (i) & (ii) 686,946,266 677,888,593 265,935,562 270,980,002 ^ Included in the Bank's loans/financing to financial institutions is financing granted to Maybank Islamic Berhad ("MIB"), a subsidiary of the Bank under the Restricted Profit-Sharing Investment Account ("RPSIA") amounting to RM43,057.3 million net of expected credit losses (31 December 2025: RM48,341.8 million). The RPSIA is a contract based on the Mudharabah principle between two parties to finance a financing where the Bank acts as the investor who solely provides capital to MIB whereas the business venture is managed solely by MIB as an entrepreneur. The profit of the business venture is shared between both parties based on pre-agreed ratios. Losses, if any, are borne by the Bank. Meanwhile, the term funding related to amounts received by the Bank under a government financing scheme introduced as part of the Government’s support measures in response to the COVID‑19 pandemic. The funding was provided for the purpose of financing eligible SMEs at concessionary rates and supporting COVID‑19‑related relief measures. The facility had a six‑year maturity and was fully repaid upon maturity in June 2026 (31 December 2025: RM1,099.7 million). MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Group Bank 29
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A11. Loans, Advances and Financing (contʼd.) (iii) Loans, advances and financing to financial institutions and customers 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Loans/financing to financial institutions 553,671 908,905 43,191,587 49,713,728 Overdrafts/cashline 19,144,328 19,393,409 5,909,311 5,913,068 Term loans/financing: - Housing loans/financing 247,036,218 235,771,850 48,828,850 48,516,581 - Syndicated loans/financing 46,568,583 45,637,526 41,357,700 40,561,192 - Hire purchase receivables 102,663,318 102,074,012 10,123,861 10,848,046 - Lease receivables 3,903,056 3,949,474 - - - Other loans/financing 234,312,079 241,844,337 58,295,636 60,322,897 Credit card receivables 13,367,469 13,561,977 8,382,765 8,530,282 Bills receivables 9,977,869 9,912,717 9,283,390 9,144,471 Trust receipts 2,462,505 1,862,059 1,805,540 1,196,612 Claims on customers under acceptance credits 13,072,643 12,930,321 5,080,994 4,982,459 Revolving credits 63,954,278 62,831,381 34,414,440 32,180,318 Share margin financing 8,298,843 8,187,210 2,679,880 2,740,331 Staff loans/financing 4,645,471 4,683,474 457,727 480,575 Loans/financing to: - Directors of the Bank 3,543 3,373 842 809 - Directors of subsidiaries 3,028 4,419 62 262 Others 54,560 55,968 21 11 770,021,462 763,612,412 269,812,606 275,131,642 Unearned interest and income (74,080,603) (77,063,623) (964,639) (1,082,328) Gross loans, advances and financing 695,940,859 686,548,789 268,847,967 274,049,314 Allowances for loans, advances and financing: - Stage 1 - 12-month ECL (1,924,567) (2,101,295) (781,700) (900,440) - Stage 2 - Lifetime ECL not credit impaired (3,526,919) (3,412,696) (1,224,664) (1,377,119) - Stage 3 - Lifetime ECL credit impaired (3,543,107) (3,146,205) (906,041) (791,753) Net loans, advances and financing 686,946,266 677,888,593 265,935,562 270,980,002 (iv) Loans, advances and financing analysed by type of customers are as follows: 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Domestic banking institutions 747,643 1,245,362 47,496,838 53,232,023 Domestic non-banking financial institutions 30,291,619 28,155,487 15,270,121 14,160,580 Domestic business enterprises: - Small and medium enterprises 112,051,739 118,877,716 31,787,025 34,966,800 - Others 115,425,985 109,074,448 60,872,209 61,289,675 Government and statutory bodies 16,779,792 17,232,937 41,013 39,517 Individuals 354,091,212 349,880,587 64,292,048 65,249,954 Other domestic entities 16,852,384 18,121,616 4,500,512 5,768,630 Foreign entities 49,700,485 43,960,636 44,588,201 39,342,135 Gross loans, advances and financing 695,940,859 686,548,789 268,847,967 274,049,314 Group Bank Group Bank MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) AMENDED 30
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A11. Loans, Advances and Financing (contʼd.) (v) Loans, advances and financing analysed by geographical locations are as follows: 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Malaysia 451,684,128 444,308,574 168,753,514 175,161,507 Singapore 174,951,096 174,287,704 72,200,409 73,665,168 Indonesia 30,750,212 31,377,014 - - Labuan Offshore 8,467,344 8,783,544 8,466,903 8,783,096 Hong Kong SAR 11,685,182 9,201,515 11,219,205 8,745,970 United States of America 779,710 770,438 779,710 770,438 Peopleʼs Republic of China 5,441,875 5,322,382 5,441,875 5,322,382 Vietnam 1,465,456 1,084,554 681,006 262,665 United Kingdom 889,214 916,907 889,152 916,872 Brunei 375,789 388,428 375,789 388,428 Cambodia 4,685,393 4,829,805 - - Philippines 3,647,590 3,857,668 - - Thailand 1,077,466 1,387,468 - - Laos 11,686 12,402 11,686 12,402 Myanmar 28,718 20,386 28,718 20,386 Gross loans, advances and financing 695,940,859 686,548,789 268,847,967 274,049,314 (vi) Loans, advances and financing analysed by interest/profit rate sensitivity are as follows: 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Fixed rate: - Housing loans/financing 38,694,836 42,531,257 262,512 264,133 - Hire purchase receivables 79,902,701 79,792,831 8,458,667 8,776,508 - Other fixed rate loans/financing 90,714,335 92,297,904 69,896,578 78,631,270 Variable rate: - Base lending/financing rate/ base rate plus 290,643,209 276,386,830 77,002,236 73,605,885 - Cost plus 33,763,401 33,111,130 12,079,455 11,473,072 - Other variable rates 162,222,377 162,428,837 101,148,519 101,298,446 Gross loans, advances and financing 695,940,859 686,548,789 268,847,967 274,049,314 (vii) Loans, advances and financing analysed by economic purpose are as follows: 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Purchase of securities 33,001,206 32,993,791 6,151,328 6,290,962 Purchase of transport vehicles 90,288,532 89,495,635 7,152,838 7,906,852 Purchase of landed properties: - Residential 217,755,175 214,538,549 48,992,381 49,099,710 - Non-residential 60,873,194 58,646,502 17,022,601 17,685,976 Purchase of fixed assets (excluding landed properties) 2,869,236 2,727,049 1,436,036 1,339,660 Personal use 17,915,342 14,382,790 3,395,767 3,335,420 Credit card 10,450,748 13,625,672 8,368,992 8,524,211 Purchase of consumer durables 9,624 11,146 8,121 9,679 Constructions 14,754,164 14,231,327 7,190,987 7,377,080 Mergers and acquisitions 2,863,397 2,990,470 2,159,452 2,248,708 Working capital 199,149,137 195,254,217 133,174,038 134,113,686 Others 46,011,104 47,651,641 33,795,426 36,117,370 Gross loans, advances and financing 695,940,859 686,548,789 268,847,967 274,049,314 MALAYAN BANKING BERHAD Group Bank Group Bank (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Group Bank 31
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A11. Loans, Advances and Financing (contʼd.) (viii) The maturity profile of loans, advances and financing are as follows: 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Within one year 172,836,168 149,492,683 110,475,084 88,520,945 One year to three years 83,101,580 75,452,732 58,692,906 52,184,599 Three years to five years 78,319,402 87,474,810 47,247,959 56,590,447 After five years 361,683,709 374,128,564 52,432,018 76,753,323 Gross loans, advances and financing 695,940,859 686,548,789 268,847,967 274,049,314 (ix) Movements in impaired loans, advances and financing (“impaired loans”) are as follows: 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 At 1 January 8,810,197 8,325,759 2,860,602 5,619,460 Impaired during the financial period 2,626,129 5,168,291 673,442 1,475,848 Reclassified as non-impaired (395,049) (456,192) (91,322) (116,389) Amount recovered (810,481) (1,653,415) (283,104) (1,740,264) Amount written-off (806,571) (2,233,722) (156,837) (2,304,430) Exchange differences (62,009) (340,524) 6,514 (73,623) Gross impaired loans at 30 June 2026/ 31 December 2025 9,362,216 8,810,197 3,009,295 2,860,602 Less: Stage 3 - Lifetime ECL credit impaired (4,109,296) (3,728,727) (1,192,008) (1,091,018) Net impaired loans at 30 June 2026/ 31 December 2025 5,252,920 5,081,470 1,817,287 1,769,584 Calculation of ratio of net impaired loans: 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Gross impaired loans at 30 June 2026/ 31 December 2025 (excluding financing funded by Investment Account*) 9,362,216 8,810,197 3,009,295 2,860,602 Less: Stage 3 - Lifetime ECL credit impaired (4,109,296) (3,728,727) (1,192,008) (1,091,018) Net impaired loans 5,252,920 5,081,470 1,817,287 1,769,584 Gross loans, advances and financing 695,940,859 686,548,789 268,847,967 274,049,314 Less: Funded by Investment Account* (33,600,275) (32,782,974) - - Less: Allowances for loans, advances and financing at fair value through other comprehensive income and at amortised cost (9,652,295) (9,399,542) (3,291,173) (3,499,762) Net loans, advances and financing 652,688,289 644,366,273 265,556,794 270,549,552 Ratio of net impaired loans 0.80% 0.79% 0.68% 0.65% * (Co. Reg. No.: 196001000142) Group Bank In the books of Maybank Islamic Berhad, a wholly-owned subsidiary of the Bank, the unrestricted investment accounts (net of intercompany balances) as at 30 June 2026 was RM33,600.3 million (31 December 2025: RM32,783.0 million). Group Bank Group Bank (Incorporated in Malaysia) MALAYAN BANKING BERHAD 32
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A11. Loans, Advances and Financing (contʼd.) (x) Impaired loans, advances and financing by economic purpose are as follows: 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Purchase of securities 105,324 111,082 1,729 3,468 Purchase of transport vehicles 763,367 683,801 104,031 91,746 Purchase of landed properties: - Residential 1,532,200 1,342,574 424,535 373,486 - Non-residential 970,862 830,270 229,776 224,302 Purchase of fixed assets (excluding landed properties) 74,679 74,824 53,411 55,143 Personal use 223,999 220,713 40,599 41,755 Credit card 89,423 88,391 43,428 43,775 Purchase of consumer durables 23 133 22 132 Constructions 398,820 418,678 214,520 239,410 Working capital 4,598,096 4,472,104 1,497,831 1,390,499 Others 605,423 567,627 399,413 396,886 Gross impaired loans, advances and financing 9,362,216 8,810,197 3,009,295 2,860,602 (xi) Impaired loans, advances and financing by geographical distribution are as follows: 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Malaysia 6,062,717 5,561,631 1,988,603 1,858,276 Singapore 560,471 499,312 60,344 62,004 Indonesia 1,125,927 1,185,107 - - Labuan Offshore 465,122 445,625 465,122 445,625 Hong Kong SAR 369,681 366,239 369,672 366,230 Peopleʼs Republic of China 121,332 119,477 121,332 119,477 Vietnam 1,190 1,114 - - Brunei 3,486 8,233 3,486 8,233 Cambodia 416,421 361,007 - - Philippines 204,340 229,301 - - Thailand 30,793 32,394 - - Laos 96 159 96 159 Myanmar 640 598 640 598 Gross impaired loans, advances and financing 9,362,216 8,810,197 3,009,295 2,860,602 (Incorporated in Malaysia) Group Bank Group Bank MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) 33
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A11. Loans, Advances and Financing (contʼd.) (xii) Movements in the allowances for impairment losses on loans, advances and financing are as follows: At fair value through other comprehensive income Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Group ECL impaired impaired Total As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 92,540 64,284 582,522 739,346 Transferred to Stage 1 169 (169) - - Transferred to Stage 2 (236) 236 - - Net remeasurement of allowances (7,846) (3,467) (16,559) (27,872) New financial assets originated or purchased 13,857 79 - 13,936 Financial assets derecognised (12,133) (43,280) - (55,413) Changes in models/risk parameters (11,997) - - (11,997) Exchange differences (226) (298) 226 (298) At 30 June 2026 74,128 17,385 566,189 657,702 Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Group ECL impaired impaired Total As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 108,959 40,849 222,406 372,214 Transferred to Stage 2 (15,408) 15,408 - - Transferred to Stage 3 - (7,927) 7,927 - Net remeasurement of allowances (12,061) 3,974 430,999 422,912 New financial assets originated or purchased 42,696 20,038 - 62,734 Financial assets derecognised (27,449) (229) - (27,678) Changes in models/risk parameters (957) (7,658) - (8,615) Amount written-off - - (68,231) (68,231) Exchange differences (3,240) (171) (10,579) (13,990) At 31 December 2025 92,540 64,284 582,522 739,346 Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Bank ECL impaired impaired Total As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 98,103 33,082 299,265 430,450 Transferred to Stage 1 169 (169) - - Transferred to Stage 2 (236) 236 - - Net remeasurement of allowances (8,066) (3,467) (13,524) (25,057) New financial assets originated or purchased 13,747 79 - 13,826 Financial assets derecognised (16,442) (12,078) - (28,520) Changes in models/risk parameters (11,630) - - (11,630) Exchange differences (229) (298) 226 (301) At 30 June 2026 75,416 17,385 285,967 378,768 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 34
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A11. Loans, Advances and Financing (contʼd.) (xii) Movements in the allowances for impairment losses on loans, advances and financing are as follows (contʼd.): At fair value through other comprehensive income (contʼd.) Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Bank ECL impaired impaired Total As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 109,468 15,078 222,406 346,952 Transferred to Stage 2 (15,408) 15,408 - - Transferred to Stage 3 - (7,927) 7,927 - Net remeasurement of allowances (9,342) 3,944 147,742 142,344 New financial assets originated or purchased 38,278 6,737 - 45,015 Financial assets derecognised (21,973) - - (21,973) Changes in models/risk parameters 282 - - 282 Amount written-off - - (68,231) (68,231) Exchange differences (3,202) (158) (10,579) (13,939) At 31 December 2025 98,103 33,082 299,265 430,450 At amortised cost Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Group ECL impaired impaired Total As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 2,101,295 3,412,696 3,146,205 8,660,196 Transferred to Stage 1 289,332 (225,612) (63,720) - Transferred to Stage 2 (61,277) 151,720 (90,443) - Transferred to Stage 3 (56,545) (199,840) 256,385 - Net remeasurement of allowances (389,912) 521,966 1,199,603 1,331,657 New financial assets originated or purchased 311,817 94,930 - 406,747 Financial assets derecognised (198,132) (172,499) (45,974) (416,605) Changes in models/risk parameters (61,895) (44,057) (16,064) (122,016) Amount written-off - - (806,571) (806,571) Exchange differences (10,116) (12,385) (36,314) (58,815) At 30 June 2026 1,924,567 3,526,919 3,543,107 8,994,593 Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Group ECL impaired impaired Total As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 1,874,360 3,448,452 4,872,075 10,194,887 Transferred to Stage 1 418,071 (384,289) (33,782) - Transferred to Stage 2 (107,223) 192,817 (85,594) - Transferred to Stage 3 (35,536) (339,858) 375,394 - Net remeasurement of allowances 116,068 724,159 576,868 1,417,095 New financial assets originated or purchased 495,868 197,442 - 693,310 Financial assets derecognised (349,881) (259,178) (136,157) (745,216) Changes in models/risk parameters (253,269) (117,794) (28,321) (399,384) Amount written-off - - (2,165,491) (2,165,491) Exchange differences (57,163) (49,055) (228,787) (335,005) At 31 December 2025 2,101,295 3,412,696 3,146,205 8,660,196 (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) MALAYAN BANKING BERHAD 35
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A11. Loans, Advances and Financing (contʼd.) (xii) Movements in the allowances for impairment losses on loans, advances and financing are as follows (contʼd.): At amortised cost (contʼd.) Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Bank ECL impaired impaired Total As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 900,440 1,377,119 791,753 3,069,312 Transferred to Stage 1 114,668 (59,774) (54,894) - Transferred to Stage 2 (16,041) 42,528 (26,487) - Transferred to Stage 3 (43,773) (74,603) 118,376 - Net remeasurement of allowances (179,031) (45,881) 219,786 (5,126) New financial assets originated or purchased 107,558 41,734 - 149,292 Financial assets derecognised (96,540) (53,423) (11,264) (161,227) Changes in models/risk parameters (11,370) (3,340) 21,771 7,061 Amount written-off - - (156,837) (156,837) Exchange differences 5,789 304 3,837 9,930 At 30 June 2026 781,700 1,224,664 906,041 2,912,405 Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Bank ECL impaired impaired Total As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 902,507 999,939 3,443,904 5,346,350 Transferred to Stage 1 133,349 (122,367) (10,982) - Transferred to Stage 2 (31,697) 49,683 (17,986) - Transferred to Stage 3 (8,413) (97,208) 105,621 - Net remeasurement of allowances 92,765 608,879 (397,151) 304,493 New financial assets originated or purchased 165,394 52,153 - 217,547 Financial assets derecognised (179,676) (53,509) (51,219) (284,404) Changes in models/risk parameters (163,673) (52,653) (24) (216,350) Amount written-off - - (2,236,198) (2,236,198) Exchange differences (10,116) (7,798) (44,212) (62,126) At 31 December 2025 900,440 1,377,119 791,753 3,069,312 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 36
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A12. Insurance contract/takaful certificate assets/liabilities and reinsurance contract/retakaful certificate assets/ liabilities 30 June 31 December 2026 2025 RM'000 RM'000 Insurance contract/takaful certificate assets 88,640 103,165 Insurance contract/takaful certificate liabilities (48,523,169) (47,093,930) Insurance contract/takaful certificate liabilities, net (i) (48,434,529) (46,990,765) Reinsurance contract/retakaful certificate assets 4,891,557 5,274,445 Reinsurance contract/retakaful certificate liabilities (10,066) (32,762) Reinsurance contract/retakaful certificate assets, net (ii) 4,881,491 5,241,683 (i) Insurance contract/takaful certificate 30 June 31 December 2026 2025 RM'000 RM'000 Remaining coverage (35,331,309) (34,167,352) - Excluding loss component (34,264,769) (33,131,977) - Loss component (1,066,540) (1,035,375) Incurred claims (13,103,220) (12,823,413) (48,434,529) (46,990,765) (ii) Reinsurance contract/retakaful certificate 30 June 31 December 2026 2025 RM'000 RM'000 Remaining coverage 1,413,453 1,605,300 - Excluding loss component 1,327,506 1,509,728 - Loss component 85,947 95,572 Amounts recoverable for incurred claims 3,468,038 3,636,383 4,881,491 5,241,683 A13. Other Assets 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Other debtors, net of allowances for impairment losses 16,074,997 13,216,093 13,894,261 11,498,420 Amount due from brokers and clients 8,188,396 2,412,808 - - Prepayments and deposits 1,093,458 907,635 200,381 178,163 Tax recoverable 482,355 496,872 246,666 151,336 Foreclosed properties, net of allowances for impairment losses 270,961 282,934 - - 26,110,167 17,316,342 14,341,308 11,827,919 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Group Bank Group Group Group 37
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A14. Deposits from Customers (i) By type of deposit 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Fixed deposits and negotiable instruments of deposits - One year or less 322,218,382 328,452,721 150,516,719 153,739,657 - More than one year 5,514,909 6,352,598 1,797,788 2,246,265 327,733,291 334,805,319 152,314,507 155,985,922 Money market deposits 96,539,334 95,492,538 27,129,878 22,419,200 Savings deposits 106,199,329 104,407,413 35,110,937 33,971,802 Demand deposits 170,448,119 163,504,957 90,132,317 87,969,854 700,920,073 698,210,227 304,687,639 300,346,778 (ii) By type of customer 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Business enterprises 309,369,744 381,059,650 171,650,578 164,707,110 Individuals 266,653,662 178,892,999 83,137,447 84,351,940 Government and statutory bodies 47,480,102 73,255,845 18,924,012 20,098,106 Others 77,416,565 65,001,733 30,975,602 31,189,622 700,920,073 698,210,227 304,687,639 300,346,778 (iii) The maturity profile of fixed deposits and negotiable instruments of deposits are as follows: 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Within six months 252,541,873 274,106,522 125,976,586 131,655,895 Six months to one year 69,676,509 54,346,199 24,540,133 22,083,762 One year to three years 4,742,350 5,570,560 1,227,656 1,679,783 Three years to five years 345,913 299,529 143,486 83,973 More than five years 426,646 482,509 426,646 482,509 327,733,291 334,805,319 152,314,507 155,985,922 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Bank Group Bank Group Group Bank 38
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A15. Deposits and Placements from Financial Institutions 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Licensed banks 45,804,544 39,413,542 70,023,411 67,431,002 Licensed finance companies 387,000 1,274,849 387,000 1,274,849 Licensed investment banks 1,308,141 749,158 1,308,141 749,157 Other financial institutions 1,396,928 1,149,780 555,469 433,610 48,896,613 42,587,329 72,274,021 69,888,618 The maturity profile of deposits and placements from financial institutions are as follows: 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 One year or less 44,882,803 38,796,349 68,980,497 66,784,084 More than one year 4,013,810 3,790,980 3,293,524 3,104,534 48,896,613 42,587,329 72,274,021 69,888,618 A16. Financial Liabilities at Fair Value Through Profit or Loss (“FVTPL”) 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 Structured deposits 3,585,764 3,046,858 659,009 211,981 Borrowings Unsecured Medium Term Notes - More than one year Denominated in: - USD 6,990,660 6,536,879 6,990,660 6,536,879 Total financial liabilities at fair value through profit or loss 10,576,424 9,583,737 7,649,669 6,748,860 The contractual carrying amounts of structured deposits designated at FVTPL as at 30 June 2026 were RM3,581,048,000 (31 December 2025: RM3,026,392,000) for the Group and RM671,824,000 (31 December 2025: RM214,814,000) for the Bank, meanwhile the contractual carrying amount of borrowings designated at FVTPL as at 30 June 2026 for the Group and the Bank were RM14,409,038,000 (31 December 2025: RM14,023,081,000). The fair value changes of the financial liabilities at FVTPL that are attributable to the changes in own credit risk are not significant. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Group Bank Group Bank Group Bank 39
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A17. Borrowings, Subordinated Obligations and Capital Securities 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 (i) Borrowings Secured (a) Borrowings - Less than one year Denominated in: - EUR 2,315,203 - - - - IDR 662,605 515,928 - - - VND 70,746 70,388 - - 3,048,554 586,316 - - - More than one year Denominated in: - EUR 2,330,802 4,821,840 - - - IDR 1,527,152 1,671,730 - - 3,857,954 6,493,570 - - Total secured borrowings 6,906,508 7,079,886 - - Unsecured (a) Borrowings - Less than one year Denominated in: - USD 1,067,354 752,428 35,092 34,314 - CNY 1,202,418 1,162,442 1,202,418 1,162,442 - SGD 1,638,732 783,309 927,076 783,309 - THB 512,548 723,727 - - - HKD 163,430 43,308 134,350 - - IDR 913,498 1,160,243 - - - VND 87,454 77,337 - - - INR 10,784 - - - - RM (Note (a)) 5,551,439 5,063,353 5,551,439 4,516,350 11,147,657 9,766,147 7,850,375 6,496,415 - More than one year Denominated in: - USD 818,492 810,875 - - - IDR 425,152 243,730 - - - RM (Note (a)) 806,711 806,711 806,711 806,711 2,050,355 1,861,316 806,711 806,711 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Group Bank Note (a): Included in the borrowings are the amounts received by the Group and the Bank under government financing scheme as part of the government support measure in response to COVID-19 pandemic with a six-year maturity amounting to RM43,220,000 (31 December 2025: RM42,679,000) to be repaid on 6 October 2026 for the purpose of SME lending at a below market rate. The financing under the government scheme is for lending at concession rates to SMEs and for COVID-19 related relief measures. 40
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A17. Borrowings, Subordinated Obligations and Capital Securities (contʼd.) 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 (i) Borrowings (contʼd.) Unsecured (contʼd.) (b) Medium Term Notes - Less than one year Denominated in: - USD - 528,324 - 528,324 - HKD 105,191 300,862 105,191 300,862 - JPY 512,305 515,174 512,305 515,174 617,496 1,344,360 617,496 1,344,360 - More than one year Denominated in: - USD 8,448,365 5,964,820 8,448,365 5,964,820 - HKD 1,071,596 1,104,490 1,071,596 1,104,490 - JPY 455,382 484,484 455,382 484,484 - AUD 365,335 355,282 365,335 355,282 - CNH 131,549 126,175 131,549 126,175 - RM 3,162,632 120,185 120,178 120,185 13,634,859 8,155,436 10,592,405 8,155,436 Total unsecured borrowings 27,450,367 21,127,259 19,866,987 16,802,922 Total borrowings 34,356,875 28,207,145 19,866,987 16,802,922 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 (ii) Subordinated Obligations Unsecured - More than one year Denominated in: - RM 13,923,612 14,452,872 13,609,310 14,138,570 13,923,612 14,452,872 13,609,310 14,138,570 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 (iii) Capital Securities Unsecured - More than one year Denominated in: - RM 1,577,246 1,577,087 1,577,246 1,577,087 1,577,246 1,577,087 1,577,246 1,577,087 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Group Bank Bank Group Bank Group 41
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A18. Other Liabilities 30 June 31 December 30 June 31 December 2026 2025 2026 2025 Note RM'000 RM'000 RM'000 RM'000 Amount due to brokers and clients 12,087,008 6,655,834 - - Deposits, other creditors and accruals 21,010,490 19,434,901 12,998,112 13,095,212 Defined benefit pension plans 430,175 439,216 - - Provisions for commitments and contingencies 21,235 21,236 21,078 21,078 Allowances for impairment losses on loan commitments and financial guarantee contracts (i) 276,930 246,718 144,235 129,185 Lease liabilities 1,879,550 1,925,147 1,378,255 1,309,732 Structured deposits 417,767 392,441 218,708 259,071 36,123,155 29,115,493 14,760,388 14,814,278 (i) Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Group ECL impaired impaired Total As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 150,003 33,171 63,544 246,718 Transferred to Stage 1 7,681 (7,492) (189) - Transferred to Stage 2 (3,917) 5,275 (1,358) - Transferred to Stage 3 (48) (659) 707 - Net remeasurement of allowances (20,745) 1,053 69,272 49,580 New credit exposures originated or purchased 49,907 13,850 - 63,757 Credit exposures derecognised (46,705) (14,610) (11,806) (73,121) Changes in models/risk parameters (8,377) (273) (3) (8,653) Exchange differences (1,215) (130) (6) (1,351) At 30 June 2026 126,584 30,185 120,161 276,930 Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Group ECL impaired impaired Total As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 167,452 99,546 130,799 397,797 Transferred to Stage 1 6,478 (5,966) (512) - Transferred to Stage 2 (9,001) 9,548 (547) - Transferred to Stage 3 (91) (303) 394 - Net remeasurement of allowances (11,999) (3,945) (53,902) (69,846) New credit exposures originated or purchased 90,754 18,401 - 109,155 Credit exposures derecognised (73,878) (81,496) (20,578) (175,952) Changes in models/risk parameters (10,584) (1,475) 7,904 (4,155) Exchange differences (9,128) (1,139) (14) (10,281) At 31 December 2025 150,003 33,171 63,544 246,718 Movements in the allowances for impairment losses on loan commitments and financial guarantee contracts are as follows: Group Bank MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 42
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A18. Other Liabilities (contʼd.) (i) Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Bank ECL impaired impaired Total As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 70,982 14,093 44,110 129,185 Transferred to Stage 1 2,346 (2,171) (175) - Transferred to Stage 2 (1,840) 3,198 (1,358) - Transferred to Stage 3 (3) (337) 340 - Net remeasurement of allowances (19,775) (778) 54,119 33,566 New credit exposures originated or purchased 20,050 9,873 - 29,923 Credit exposures derecognised (26,083) (7,422) (11,803) (45,308) Changes in models/risk parameters (3,234) - - (3,234) Exchange differences 34 70 (1) 103 At 30 June 2026 42,477 16,526 85,232 144,235 Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Bank ECL impaired impaired Total As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 71,192 84,267 74,055 229,514 Transferred to Stage 1 2,643 (2,135) (508) - Transferred to Stage 2 (2,903) 3,126 (223) - Transferred to Stage 3 (15) (8) 23 - Net remeasurement of allowances (2,519) (4,588) (17,234) (24,341) New credit exposures originated or purchased 52,078 9,375 - 61,453 Credit exposures derecognised (42,995) (74,049) (19,966) (137,010) Changes in models/risk parameters (2,941) (1,257) 7,934 3,736 Exchange differences (3,558) (638) 29 (4,167) At 31 December 2025 70,982 14,093 44,110 129,185 Movements in the allowances for impairment losses on loan commitments and financial guarantee contracts are as follows (contʼd.): MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 43
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A19. Other Reserves The breakdown and movement of other reserves are as follows: Defined Benefit Insurance Total Other Capital Reserve Revaluation Reserve Reserve Hedge Reserve Finance Reserve Reserves Group RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 12,311 (2,688) 143,233 (373,729) (233,521) (454,394) Other comprehensive (loss)/income (4,975) (1,099) (1,011) 808 80,122 73,845 Defined benefit plan actuarial loss - - (1,011) - - (1,011) Cost of hedging for fair value hedge - - - 808 - 808 Net insurance finance/investment result - - - - 80,122 80,122 Net loss on capital reserve (4,975) - - - - (4,975) Net loss on revaluation reserve - (1,099) - - - (1,099) Total comprehensive (loss)/income for the financial period (4,975) (1,099) (1,011) 808 80,122 73,845 At 30 June 2026 7,336 (3,787) 142,222 (372,921) (153,399) (380,549) Defined Benefit Insurance Total Other Capital Reserve Revaluation Reserve Reserve Hedge Reserve Finance Reserve Reserves Group RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 12,837 (2,688) 115,055 (379,874) (196,162) (450,832) Other comprehensive (loss)/income (243) - 4,342 3,295 (82,397) (75,003) Defined benefit plan actuarial gain - - 4,342 - - 4,342 Cost of hedging for fair value hedge - - - 3,295 - 3,295 Net insurance finance/investment result - - - - (82,397) (82,397) Net loss on capital reserve (243) - - - - (243) Total comprehensive (loss)/income for the financial period (243) - 4,342 3,295 (82,397) (75,003) At 30 June 2025 12,594 (2,688) 119,397 (376,579) (278,559) (525,835) <============================================ Non-Distributable ============================================> <============================================ Non-Distributable ============================================> MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 44
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A20. Interest Income 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Group RM'000 RM'000 RM'000 RM'000 Loans, advances and financing 4,364,946 5,091,267 8,794,083 10,375,674 Money at call and deposits and placements with financial institutions 173,402 362,668 361,863 748,244 Financial assets purchased under resale agreements 66,736 119,144 130,569 283,702 Financial assets at FVTPL 225,843 245,398 464,464 491,446 Financial investments at FVOCI 985,827 1,110,018 1,975,645 2,242,452 Financial investments at amortised cost 604,824 574,767 1,161,416 1,108,436 6,421,578 7,503,262 12,888,040 15,249,954 (Amortisation of premiums)/accretion of discounts, net (37,622) 2,658 (81,268) (4,020) 6,383,956 7,505,920 12,806,772 15,245,934 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Bank RM'000 RM'000 RM'000 RM'000 Loans, advances and financing 2,762,579 3,225,952 5,487,405 6,587,227 Money at call and deposits and placements with financial institutions 331,088 519,805 682,919 1,052,309 Financial assets purchased under resale agreements 78,512 134,845 156,467 311,474 Financial assets at FVTPL 35,964 47,129 77,239 102,339 Financial investments at FVOCI 636,193 700,235 1,280,656 1,404,288 Financial investments at amortised cost 525,110 463,663 1,013,002 892,272 4,369,446 5,091,629 8,697,688 10,349,909 Accretion of discounts, net 44,905 73,761 72,461 137,073 4,414,351 5,165,390 8,770,149 10,486,982 Included in interest income for the financial half year ended 30 June 2026 is interest on impaired assets amounting to approximately RM144,024,000 (30 June 2025: RM132,343,660) for the Group and RM53,990,000 (30 June 2025: RM52,099,863) for the Bank. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Second Quarter Ended Cumulative 6 Months Ended Second Quarter Ended Cumulative 6 Months Ended 45
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A21. Interest Expense 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Group RM'000 RM'000 RM'000 RM'000 Deposits and placements from financial institutions 396,269 471,200 740,178 951,889 Deposits from customers 2,060,471 2,974,187 4,075,244 6,087,034 Obligations on financial assets sold under repurchase agreements 209,467 267,613 415,210 545,042 Borrowings 283,476 251,813 540,324 521,787 Subordinated obligations 138,795 118,439 276,465 234,558 Capital securities 16,142 16,142 32,108 32,108 Structured deposits 8,624 15,021 16,878 28,700 Financial liabilities at FVTPL 175,430 218,992 346,013 450,081 3,288,674 4,333,407 6,442,420 8,851,199 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Bank RM'000 RM'000 RM'000 RM'000 Deposits and placements from financial institutions 551,297 755,926 1,089,687 1,489,785 Deposits from customers 1,359,066 1,880,214 2,678,972 3,848,093 Obligations on financial assets sold under repurchase agreements 244,878 333,126 502,305 726,437 Borrowings 175,525 140,145 323,162 286,183 Subordinated obligations 121,496 100,625 241,816 197,572 Capital securities 16,142 16,142 32,108 32,108 Structured deposits 6,558 11,101 13,122 22,312 Financial liabilities at FVTPL 166,776 192,736 327,146 390,610 2,641,738 3,430,015 5,208,318 6,993,100 A22. Insurance/takaful service result 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Group RM'000 RM'000 RM'000 RM'000 Insurance/takaful revenue 2,053,688 2,191,262 4,119,433 4,400,184 Insurance/takaful service expenses (1,402,984) (1,366,641) (3,075,671) (2,714,800) Net expenses from reinsurance contracts/retakaful certificate held (342,689) (430,092) (365,894) (819,456) 308,015 394,529 677,868 865,928 Second Quarter Ended Cumulative 6 Months Ended MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Second Quarter Ended Cumulative 6 Months Ended Second Quarter Ended Cumulative 6 Months Ended 46
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A23. Dividends from Subsidiaries and Associates 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Bank RM'000 RM'000 RM'000 RM'000 Gross dividend income from: Subsidiaries 758,929 1,155,072 1,875,648 3,731,564 Associates - 744 - 744 758,929 1,155,816 1,875,648 3,732,308 A24. Other Operating Income 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Group RM'000 RM'000 RM'000 RM'000 (a) Fee income: Commission 394,661 303,530 762,176 654,860 Service charges and fees 540,748 503,291 1,030,888 937,220 Underwriting fees 18,474 14,959 33,417 31,379 Brokerage income 81,572 66,625 173,336 145,317 Fees on loans, advances and financing 63,014 69,811 120,396 128,536 1,098,469 958,216 2,120,213 1,897,312 (b) Investment income: Net gain on disposal of financial assets at FVTPL 706,715 76,278 949,276 155,538 Net gain on disposal of financial investments at FVOCI 100,130 533,442 323,558 737,265 Net loss on dilution/disposal of interest in associates - (1) - (270) Net gain/(loss) on change in structure of deemed controlled structured entities 420 (1,178) 420 4,781 807,265 608,541 1,273,254 897,314 (c) Gross dividend income from: Financial investments portfolio 162,257 98,707 257,930 154,281 (d) Unrealised (loss)/gain on revaluation of: Financial assets designated upon initial recognition at FVTPL (3,682) 165,944 (167,246) 231,204 Financial investments at FVTPL (49,243) 425,093 (2,138,211) (340,518) Financial liabilities at FVTPL (118,934) 621,574 (78,411) 298,186 Derivatives 676,455 (1,457,878) 2,129,698 (505,430) 504,596 (245,267) (254,170) (316,558) (e) Other income: Foreign exchange gain, net 258,682 824,553 333,541 1,551,492 Realised gain on derivatives 36,862 392,655 230,047 476,129 Rental income 13,681 12,931 26,622 27,385 Gain on disposal of property, plant and equipment 765 178 1,011 729 (Loss)/gain on disposal of foreclosed properties (8,362) (5,245) (7,935) 9,568 Fair value adjustments on investments properties (29) (33) 2,942 (209) Others 54,956 33,686 57,904 81,319 356,555 1,258,725 644,132 2,146,413 Total other operating income 2,929,142 2,678,922 4,041,359 4,778,762 Cumulative 6 Months Ended MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Second Quarter Ended Second Quarter Ended Cumulative 6 Months Ended 47
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A24. Other Operating Income (contʼd.) 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Bank RM'000 RM'000 RM'000 RM'000 (a) Fee income: Commission 282,348 244,573 552,389 505,251 Service charges and fees 223,466 241,841 447,435 472,702 Underwriting fees - 564 - 12,442 Brokerage income 806 473 1,225 892 Fees on loans, advances and financing 36,747 53,976 70,480 95,459 543,367 541,427 1,071,529 1,086,746 (b) Investment income: Net gain on disposal of financial assets at FVTPL 191,847 176,070 261,469 281,247 Net gain on disposal of financial investments at FVOCI 81,750 508,680 282,332 700,946 Excess of capital repayment of a subsidiary - - 3,317 - Net gain/(loss) on change in structure of deemed controlled structured entities 1,115 (180) 1,115 1,667 274,712 684,570 548,233 983,860 (c) Gross dividend income from: Financial investments portfolio 42,403 4,930 43,930 6,130 (d) Unrealised (loss)/gain on revaluation of: Financial investments at FVTPL (457,157) 98,944 (1,819,761) (127,450) Financial liabilities at FVTPL (118,934) 621,574 (78,411) 298,186 Derivatives 710,307 (1,301,319) 1,994,562 (480,681) 134,216 (580,801) 96,390 (309,945) (e) Other income: Foreign exchange gain, net 137,565 811,633 198,722 1,476,586 Realised gain on derivatives 76,154 215,941 219,425 232,709 Rental income 15,644 16,084 31,010 34,275 Gain/(loss) on disposal of property, plant and equipment 471 (132) 569 203 Others 51,341 51,960 110,216 103,075 281,175 1,095,486 559,942 1,846,848 Total other operating income 1,275,873 1,745,612 2,320,024 3,613,639 A25. Net insurance/takaful investment/finance result 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Group RM'000 RM'000 RM'000 RM'000 Finance expenses from insurance/ takaful certificate contract issued 1,143,278 803,355 1,000,027 995,272 Finance income from reinsurance/ retakaful certificate contract held (29,588) (31,377) (49,519) (77,638) Net insurance/takaful investment/finance result 1,113,690 771,978 950,508 917,634 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Second Quarter Ended Cumulative 6 Months Ended Second Quarter Ended Cumulative 6 Months Ended 48
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A26. Overhead Expenses 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Group RM'000 RM'000 RM'000 RM'000 (a) Personnel expenses Salaries, allowances and bonuses 1,548,772 1,676,914 3,065,088 3,355,585 Social security cost 14,428 15,270 29,013 30,819 Retirement costs 195,341 208,437 384,437 411,231 ESGP expenses 37,539 27,012 90,656 53,811 Other staff related expenses 299,720 324,552 589,346 600,020 2,095,800 2,252,185 4,158,540 4,451,466 (b) Establishment costs Depreciation of property, plant and equipment 78,449 77,192 154,559 152,336 Depreciation of right-of-use assets 128,460 123,867 248,672 247,558 Amortisation of intangible assets 70,413 61,980 141,259 124,748 Rental of leasehold land and premises 3,921 4,113 8,269 7,463 Repairs and maintenance of property, plant and equipment 40,287 43,205 87,215 93,458 Information technology expenses 351,969 251,283 656,958 511,190 Finance cost on lease liabilities 21,221 23,876 42,351 44,459 Others 3,743 3,337 7,379 8,155 698,463 588,853 1,346,662 1,189,367 (c) Marketing expenses Advertisement and publicity 38,025 42,734 77,913 98,171 Others 86,199 116,370 186,674 232,461 124,224 159,104 264,587 330,632 (d) Administration and general expenses Fees and brokerage 404,146 404,812 763,384 814,530 Administrative expenses 119,724 134,648 234,579 266,972 General expenses 243,927 240,111 459,401 443,387 Others 2,862 5,336 7,530 31,640 770,659 784,907 1,464,894 1,556,529 Total overhead expenses 3,689,146 3,785,049 7,234,683 7,527,994 Cost to income ratio (“CIR”) 1 49.1% 49.3% 49.5% 48.9% MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) Cumulative 6 Months Ended (Incorporated in Malaysia) Second Quarter Ended 49
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A26. Overhead Expenses (contʼd.) 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Bank RM'000 RM'000 RM'000 RM'000 (a) Personnel expenses Salaries, allowances and bonuses 871,861 953,097 1,688,907 1,853,965 Social security cost 8,091 8,465 16,360 17,130 Retirement costs 132,914 147,280 259,698 287,005 ESGP expenses 25,226 16,274 55,867 32,482 Other staff related expenses 173,403 171,917 330,831 307,415 1,211,495 1,297,033 2,351,663 2,497,997 (b) Establishment costs Depreciation of property, plant and equipment 18,833 17,404 36,583 34,820 Depreciation of right-of-use assets 35,668 28,005 64,311 56,581 Amortisation of intangible assets 28,846 20,465 57,476 40,623 Rental of leasehold land and premises 2,540 1,618 4,995 3,225 Repairs and maintenance of property, plant and equipment 27,489 27,764 55,193 58,565 Information technology expenses 462,280 425,472 929,875 793,038 Finance cost on lease liabilities 12,929 12,815 25,815 22,857 Others 4,165 3,591 8,021 7,706 592,750 537,134 1,182,269 1,017,415 (c) Marketing expenses Advertisement and publicity 18,366 23,843 38,692 43,708 Others 58,034 87,038 128,934 175,056 76,400 110,881 167,626 218,764 (d) Administration and general expenses Fees and brokerage 292,862 278,731 541,595 568,741 Administrative expenses 55,568 64,444 111,978 115,183 General expenses 92,775 100,008 174,101 177,436 Others 591 291 3,812 3,869 441,796 443,474 831,486 865,229 (e) Overhead expenses allocated to subsidiaries, net (454,412) (508,748) (986,095) (1,044,389) Total overhead expenses 1,868,029 1,879,774 3,546,949 3,555,016 Cost to income ratio (“CIR”)1 49.1% 40.5% 45.7% 32.8% 1 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Cumulative 6 Months EndedSecond Quarter Ended Cost to income ratio (“CIR”) is computed using the total overhead expenses over the net operating income as disclosed on the face of income statements. 50
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A27. Allowances for/(writeback of) Impairment Losses on Loans, Advances, Financing and Other Debts, net 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Group RM'000 RM'000 RM'000 RM'000 (Writeback of)/allowances for impairment losses on loans, advances and financing: - Stage 1 - 12-month ECL, net (226,606) (88,952) (382,161) (219,312) - Stage 2 - Lifetime ECL not credit impaired, net 74,763 219,144 353,692 350,901 - Stage 3 - Lifetime ECL credit impaired, net 664,600 467,989 1,178,469 945,648 Bad debts and financing written-off 26,769 26,456 53,841 51,680 Bad debts and financing recovered (226,215) (205,885) (409,237) (325,262) Allowances for impairment losses on other debts 158 4,647 3,557 3,899 313,469 423,399 798,161 807,554 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Bank RM'000 RM'000 RM'000 RM'000 (Writeback of)/allowances for impairment losses on loans, advances and financing: - Stage 1 - 12-month ECL, net (172,033) (60,667) (230,816) (143,950) - Stage 2 - Lifetime ECL not credit impaired, net (175,171) 136,583 (74,703) 237,654 - Stage 3 - Lifetime ECL credit impaired, net 166,596 73,463 259,085 264,261 Bad debts and financing written-off 20,470 19,304 40,675 37,840 Bad debts and financing recovered (127,564) (123,391) (191,531) (178,132) Allowances for impairment losses on other debts 1,007 2,133 2,385 1,063 (286,695) 47,425 (194,905) 218,736 Second Quarter Ended Cumulative 6 Months Ended (Incorporated in Malaysia) Second Quarter Ended MALAYAN BANKING BERHAD Cumulative 6 Months Ended (Co. Reg. No.: 196001000142) To be updated 51
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A28. 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Group RM'000 RM'000 RM'000 RM'000 Financial investments at fair value through other comprehensive income - Stage 1 - 12-month ECL, net 1,390 (1,823) 1,589 3,954 - Stage 2 - Lifetime ECL not credit impaired, net (11,946) 4,248 (296,523) 1,884 Net (10,556) 2,425 (294,934) 5,838 Financial investments at amortised cost - Stage 1 - 12-month ECL, net (6,775) 14,538 (2,475) 13,945 - Stage 2 - Lifetime ECL not credit impaired, net (11,907) 10,008 (7,044) 8,278 - Stage 3 - Lifetime ECL credit impaired, net (33,135) 16,197 (33,605) 37,172 Net (51,817) 40,743 (43,124) 59,395 (62,373) 43,168 (338,058) 65,233 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Bank RM'000 RM'000 RM'000 RM'000 Financial investments at fair value through other comprehensive income - Stage 1 - 12-month ECL, net 697 630 16 1,490 - Stage 2 - Lifetime ECL not credit impaired, net (45) 3,925 (565) 2,416 Net 652 4,555 (549) 3,906 Financial investments at amortised cost - Stage 1 - 12-month ECL, net 1,427 3,331 4,283 5,237 - Stage 2 - Lifetime ECL not credit impaired, net (7,044) 9,904 (7,044) 9,399 Net (5,617) 13,235 (2,761) 14,636 (4,965) 17,790 (3,310) 18,542 Second Quarter Ended Cumulative 6 Months Ended Second Quarter Ended (Writeback of)/allowances for Impairment Losses on Financial Investments, net MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Cumulative 6 Months Ended To be updated 52
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A29. 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Group RM'000 RM'000 RM'000 RM'000 (a) Other financial assets Cash and short-term funds - Stage 1 - 12-month ECL, net (6,711) 3,143 (14,251) 5,497 Net (6,711) 3,143 (14,251) 5,497 Deposits and placements with financial institutions - Stage 1 - 12-month ECL, net (535) 2,118 (752) 509 Net (535) 2,118 (752) 509 Financial assets purchased under resale agreements - Stage 1 - 12-month ECL, net (257) (58) (166) (683) Net (257) (58) (166) (683) Insurance/reinsurance contract/takaful/ retakaful certificate assets - Stage 1 - 12-month ECL, net 1,258 (592) 2,058 (568) Net 1,258 (592) 2,058 (568) Other assets - Stage 1 - 12-month ECL, net 3,428 (436) 7,422 9,829 - Stage 2 - Lifetime ECL not credit impaired, net 3 32 (2) 20 - Stage 3 - Lifetime ECL credit impaired, net 376 4,434 133 14,931 Net 3,807 4,030 7,553 24,780 Statutory deposit with central banks - Stage 1 - 12-month ECL, net 296 (607) 197 (1,343) Net 296 (607) 197 (1,343) (b) Other non-financial assets Impairment on other non-financial assets (18,218) - (18,341) - (20,360) 8,034 (23,702) 28,192 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) (Writeback of)/allowances for Impairment Losses on Other Assets and Impairment in a Subsidiary, net Cumulative 6 Months EndedSecond Quarter Ended 53
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A29. 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Bank RM'000 RM'000 RM'000 RM'000 (a) Other financial assets Cash and short-term funds - Stage 1 - 12-month ECL, net (1,778) 3,914 (1,715) 3,258 Net (1,778) 3,914 (1,715) 3,258 Deposits and placements with financial institutions - Stage 1 - 12-month ECL, net 1,097 1,576 985 301 Net 1,097 1,576 985 301 Financial assets purchased under resale agreements - Stage 1 - 12-month ECL, net (270) (353) (76) (464) Net (270) (353) (76) (464) Other assets - Stage 3 - Lifetime ECL credit impaired, net 742 4,248 3,415 15,028 Net 742 4,248 3,415 15,028 (b) Investment in a subsidiary Impairment on investment in a subsidiary - 150,000 - 150,000 (209) 159,385 2,609 168,123 (Writeback of)/allowances for Impairment Losses on Other Assets and Impairment in a Subsidiary, net (contʼd.) MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Second Quarter Ended Cumulative 6 Months Ended 54
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A30. Segment Information By business segments The Group is organised into three (3) operating segments based on services and products available within the Group as follows: (a) Group Community Financial Services (“CFS”) (i) Consumer Banking (ii) Small, Medium Enterprise (“SME”) Banking (iii) Business Banking Business Banking comprises the full range of products and services offered to commercial enterprises in the region. The products and services offered include long-term loans such as project financing, short-term credit such as overdrafts and trade financing, and fee-based services such as cash management and custodian services. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Consumer Banking comprises the full range of products and services offered to individuals in the region, which includes savings and fixed deposits, remittance services, current accounts, consumer loans such as housing loans and personal loans, hire purchases, unit trusts, bancassurance products and credit cards. SME Banking comprises the full range of products and services offered to small and medium enterprises in the region. The products and services offered include long- term loans such as project financing, short-term credit such as overdrafts and trade financing, and fee-based services such as cash management and custodian services. The Groupʼs operating segments are Group Community Financial Services, Group Global Banking and Group Insurance and Takaful. The Group determines and presents operating segments based on information provided to the Board and senior management of the Group. 55
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A30. Segment Information (contʼd.) By business segments (contʼd.) (b) Group Global Banking (“GB”) (i) Group Corporate & Commercial Banking and Global Markets Group Corporate & Commercial Banking and Global Markets comprise of Corporate & Commercial Banking and Global Markets businesses. (ii) Group Investment Banking (iii) (c) Group Insurance and Takaful Investment Banking comprises the investment banking and securities broking business. This segment focuses on business needs of mainly large corporate customers and financial institutions. The products and services offered to customers include corporate advisory services, bond issuance, equity issuance, syndicated acquisition advisory services, debt restructuring advisory services, and share and futures dealings. Group Asset Management Asset Management comprises the asset and fund management services, providing a diverse range of Conventional and Islamic investment solutions to retail, corporate and institutional clients. Corporate & Commercial Banking comprises the full range of products and services offered to business customers in the region, ranging from large corporate and the public sector. The products and services offered include long-term loans such as project financing, short-term credit such as overdrafts and trade financing, and fee- based services. Global Markets comprise the full range of products and services relating to treasury activities and services, which includes foreign exchange, money market, derivatives and trading of capital market. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Insurance and Takaful comprise the business of underwriting all classes of general and life insurance businesses, offshore investment life insurance business, general takaful and family takaful businesses. 56
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A30. Segment Information (contʼd.) By business segments (contʼd.) Group Group Corporate Community & Commercial Group Group Group Six-Month Ended Financial Banking and Investment Asset Insurance and Head Office 30 June 2026 Services Global Markets Banking Management Takaful and Others Total RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Net interest income/(expense): - External 3,540,935 2,284,522 271,510 4 805,456 (475,015) 6,427,412 - Inter-segment - - (81,020) 1,430 16,530 - (63,060) 3,540,935 2,284,522 190,490 1,434 821,986 (475,015) 6,364,352 Net interest income/(expense) 3,540,935 2,284,522 190,490 1,434 821,986 (475,015) 6,364,352 Income from IBS operations 3,023,870 1,152,540 26,848 - - 274,553 4,477,811 Insurance/takaful service result - - - - 450,103 227,765 677,868 Other operating income 2,012,975 1,158,779 825,463 49,083 400,023 (404,964) 4,041,359 Total operating income/(expense) 8,577,780 4,595,841 1,042,801 50,517 1,672,112 (377,661) 15,561,390 Net insurance/takaful investment/finance result - - - - (950,508) - (950,508) Net operating income/(expense) 8,577,780 4,595,841 1,042,801 50,517 721,604 (377,661) 14,610,882 Overhead expenses (4,931,095) (1,537,313) (631,969) (51,845) (82,461) - (7,234,683) Operating profit/(loss) before impairment losses 3,646,685 3,058,528 410,832 (1,328) 639,143 (377,661) 7,376,199 (Allowances for)/writeback of impairment losses on loans, advances, financing and other debts, net (598,762) (205,230) 5,798 - 33 - (798,161) Writeback of/(allowances for) impairment losses on financial investments, net 16,380 323,913 - - (2,235) - 338,058 (Allowances for)/writeback of impairment losses on other assets and interest in an associate, net (571) 26,038 547 6 (2,318) - 23,702 Operating profit/(loss) 3,063,732 3,203,249 417,177 (1,322) 634,623 (377,661) 6,939,798 Share of (losses)/profits in associates and joint ventures - (8,184) 1,310 - - - (6,874) Profit/(loss) before taxation and zakat 3,063,732 3,195,065 418,487 (1,322) 634,623 (377,661) 6,932,924 Taxation and zakat (1,611,764) Profit after taxation and zakat 5,321,160 Non-controlling interests (150,140) Profit for the financial period attributable to equity holders of the Bank 5,171,020 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) <====================== Business Segments ======================> <========= Group Global Banking ========> 57
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A30. Segment Information (contʼd.) By business segments (contʼd.) Group Group Corporate Community & Commercial Group Group Group Six-Month Ended Financial Banking and Investment Asset Insurance and Head Office 30 June 2026 (contʼd.) Services Global Markets Banking Management Takaful and Others Total RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Included in other operating income are: Fee income: Commission 734,415 79,383 18,588 67,092 - (137,302) 762,176 Service charges and fees 703,676 150,045 113,579 50,810 12,977 (199) 1,030,888 Underwriting fees - - 33,417 - - - 33,417 Brokerage income 1,225 - 172,111 - - - 173,336 Fees on loans, advances and financing 40,802 74,411 6,514 - - (1,331) 120,396 Fee income from IBS operations 266,929 125,393 21,053 - - 1,250 414,625 Included in overhead expenses and insurance/takaful service result are: Depreciation of property, plant and equipment (102,881) (34,142) (13,876) (150) (11,532) - (162,581) Depreciation of right-of-use assets (167,290) (47,944) (26,596) (1,833) (8,979) - (252,642) Amortisation of intangible assets (103,329) (31,270) (3,657) (42) (11,424) - (149,722) MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) <====================== Business Segments ======================> <========= Group Global Banking ========> 58
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A30. Segment Information (contʼd.) By business segments (contʼd.) Group Group Corporate Community & Commercial Group Group Group Six-Month Ended Financial Banking and Investment Asset Insurance and Head Office 30 June 2025* Services Global Markets Banking Management Takaful and Others Total RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Net interest income/(expense): - External 3,740,003 2,191,603 260,820 8 825,980 (623,679) 6,394,735 - Inter-segment - - (78,226) 1,576 17,453 59,197 - 3,740,003 2,191,603 182,594 1,584 843,433 (564,482) 6,394,735 Net interest income/(expense) 3,740,003 2,191,603 182,594 1,584 843,433 (564,482) 6,394,735 Income from IBS operations 2,811,526 1,186,839 29,329 - - 247,095 4,274,789 Insurance/takaful service result - - - - 638,747 227,181 865,928 Other operating income 1,766,748 2,121,530 549,291 45,468 113,315 182,410 4,778,762 Total operating income 8,318,277 5,499,972 761,214 47,052 1,595,495 92,204 16,314,214 Net insurance/takaful investment/finance result - - - - (917,634) - (917,634) Net operating income 8,318,277 5,499,972 761,214 47,052 677,861 92,204 15,396,580 Overhead expenses (5,173,226) (1,620,229) (565,533) (53,131) (115,875) - (7,527,994) Operating profit/(loss) before impairment losses 3,145,051 3,879,743 195,681 (6,079) 561,986 92,204 7,868,586 (Allowances for)/writeback of impairment losses on loans, advances, financing and other debts, net (931,180) 124,397 (742) - (29) - (807,554) (Allowances for)/writeback of impairment losses on financial investments, net (27) (77,429) - 11,500 723 - (65,233) (Allowances for)/writeback of impairment losses on other assets and interest in an associate, net (642) (24,425) (2,781) 1 (345) - (28,192) Operating profit 2,213,202 3,902,286 192,158 5,422 562,335 92,204 6,967,607 Share of profits in associates and joint ventures - 136,459 1,655 - - - 138,114 Profit before taxation and zakat 2,213,202 4,038,745 193,813 5,422 562,335 92,204 7,105,721 Taxation and zakat (1,760,075) Profit after taxation and zakat 5,345,646 Non-controlling interests (128,760) Profit for the financial period attributable to equity holders of the Bank 5,216,886 * The figures as at 30 June 2025 have been restated due to a structural change of business segmentation. (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) <====================== Business Segments ======================> <========= Group Global Banking ========> MALAYAN BANKING BERHAD 59
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A30. Segment Information (contʼd.) By business segments (contʼd.) Group Group Corporate Community & Commercial Group Group Group Six-Month Ended Financial Banking and Investment Asset Insurance and Head Office 30 June 2025* (contʼd.) Services Global Markets Banking Management Takaful and Others Total RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Included in other operating income are: Fee income: Commission 742,581 64,858 24,497 28,769 - (205,845) 654,860 Service charges and fees 597,803 149,618 129,423 38,629 1,646 20,101 937,220 Underwriting fees - 12,415 18,936 - - 28 31,379 Brokerage income 892 - 144,425 - - - 145,317 Fees on loans, advances and financing 33,529 96,817 3,069 - - (4,879) 128,536 Fee income from IBS operations 233,955 114,614 27,600 - - 1,732 377,901 Included in overhead expenses and insurance/takaful service result are: Depreciation of property, plant and equipment (102,287) (33,350) (13,672) (152) (8,546) - (158,007) Depreciation of right-of-use assets (162,320) (46,886) (29,349) (1,869) (13,072) - (253,496) Amortisation of intangible assets (90,049) (28,927) (3,227) (50) (11,580) - (133,833) * The figures as at 30 June 2025 have been restated due to a structural change of business segmentation. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) <====================== Business Segments ======================> <========= Group Global Banking ========> 60
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A31. Carrying Amount of Revalued Assets A32. Subsequent Events A33. Changes in the Composition of the Group A34. Commitments and Contingencies The risk-weighted exposures of the Group and of the Bank as at the following reporting dates are as follows: Credit Risk- Credit Risk- Full equivalent weighted Full equivalent weighted commitment amount* amount* commitment amount* amount* Group RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Direct credit substitutes 11,569,171 9,029,348 5,220,322 10,634,351 9,548,894 5,613,298 Certain transaction-related contingent items 17,876,091 8,837,753 5,235,902 17,273,271 8,419,101 4,896,332 Short-term self-liquidating trade-related contingencies 5,934,492 874,075 521,387 5,824,359 851,492 439,425 35,379,754 18,741,176 10,977,611 33,731,981 18,819,487 10,949,055 Commitments Irrevocable commitments to extend credit: - Maturity within one year 178,306,915 21,578,181 5,165,204 177,449,636 20,220,144 5,046,818 - Maturity exceeding one year 71,285,529 71,182,438 29,590,928 71,933,671 68,347,791 28,234,742 249,592,444 92,760,619 34,756,132 249,383,307 88,567,935 33,281,560 Miscellaneous commitments and contingencies 13,303,870 1,510,658 107,357 12,189,772 1,796,648 202,151 Total credit-related commitments and contingencies 298,276,068 113,012,453 45,841,100 295,305,060 109,184,070 44,432,766 - Less than one year 692,808,331 8,994,153 2,828,749 660,803,712 6,167,894 1,638,165 - One year to less than five years 51,288,472 4,262,717 2,030,963 54,467,414 3,995,434 1,865,184 - Five years and above 5,397,965 652,909 424,438 5,159,745 463,296 225,145 749,494,768 13,909,779 5,284,150 720,430,871 10,626,624 3,728,494 - Less than one year 418,166,363 127,817 51,111 501,650,152 82,120 31,503 - One year to less than five years 411,793,056 1,940,677 635,988 417,531,483 2,207,633 831,988 - Five years and above 110,078,360 2,293,558 1,069,869 105,956,340 2,015,806 913,666 940,037,779 4,362,052 1,756,968 1,025,137,975 4,305,559 1,777,157 Derivative financial instruments Foreign exchange related contracts: Interest rate related contracts: MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) The Group’s and the Bank’s property and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. There was no change in the valuation of property and equipment that were brought forward from the previous audited annual financial statements for the financial year ended 31 December 2025. There were no significant changes to the composition of the Group during the financial half year ended 30 June 2026. There were no material events subsequent to the reporting date, other than as disclosed in Note A8(ii) and B6. Contingent liabilities In the normal course of business, the Group and the Bank make various commitments and incur certain contingent liabilities with legal recourse to their customers. No material losses are anticipated as a result of these transactions. As at 30 June 2026 As at 31 December 2025 61
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A34. Commitments and Contingencies (contʼd.) The risk-weighted exposures of the Group and of the Bank as at the following reporting dates are as follows (contʼd.): Credit Risk- Credit Risk- Full equivalent weighted Full equivalent weighted commitment amount* amount* commitment amount* amount* Group (contʼd.) RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 (contʼd.) Equity and commodity related contracts: - Less than one year 28,435,413 2,750,862 591,407 17,411,191 1,085,339 315,475 - One year to less than five years 9,333,921 859,032 165,270 10,971,579 693,554 148,272 37,769,334 3,609,894 756,677 28,382,770 1,778,893 463,747 Credit related contracts: - Less than one year 12,839 - - 37,266 - - - One year to less than five years 6,964 - - 7,146 - - 19,803 - - 44,412 - - Total treasury-related commitments and contingencies 1,727,321,684 21,881,725 7,797,795 1,773,996,028 16,711,076 5,969,398 Total commitments and contingencies 2,025,597,752 134,894,178 53,638,895 2,069,301,088 125,895,146 50,402,164 Credit Risk- Credit Risk- Full equivalent weighted Full equivalent weighted commitment amount* amount* commitment amount* amount* Bank RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Direct credit substitutes 7,563,412 5,410,291 3,129,698 6,944,213 5,830,587 3,597,818 Certain transaction-related contingent items 11,031,360 5,480,158 3,209,929 11,005,395 5,504,999 3,257,455 Short-term self-liquidating trade-related contingencies 5,000,264 665,109 410,571 4,761,669 644,919 343,264 23,595,036 11,555,558 6,750,198 22,711,277 11,980,505 7,198,537 Commitments Irrevocable commitments to extend credit: - Maturity within one year 104,327,034 9,428,431 1,891,309 105,652,869 8,845,397 1,911,075 - Maturity exceeding one year 40,017,548 35,716,077 15,741,206 42,040,513 35,037,436 15,885,740 144,344,582 45,144,508 17,632,515 147,693,382 43,882,833 17,796,815 Miscellaneous commitments and contingencies 10,122,590 1,859,613 161,558 9,535,596 2,191,837 219,234 Total credit-related commitments and contingencies 178,062,208 58,559,679 24,544,271 179,940,255 58,055,175 25,214,586 Derivative financial instruments Foreign exchange related contracts: - Less than one year 696,578,385 8,009,224 2,185,698 677,291,467 5,889,992 1,431,890 - One year to less than five years 52,569,398 3,900,937 1,273,288 57,998,204 3,777,689 1,386,582 - Five years and above 3,790,506 658,974 102,682 3,611,970 462,749 133,324 752,938,289 12,569,135 3,561,668 738,901,641 10,130,430 2,951,796 As at 30 June 2026 As at 31 December 2025 Contingent liabilities Derivative financial instruments (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) As at 30 June 2026 As at 31 December 2025 MALAYAN BANKING BERHAD 62
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A34. Commitments and Contingencies (contʼd.) The risk-weighted exposures of the Group and of the Bank as at the following reporting dates are as follows (contʼd.): Credit Risk- Credit Risk- Full equivalent weighted Full equivalent weighted commitment amount* amount* commitment amount* amount* Bank (contʼd.) RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Derivative financial instruments (contʼd.) Interest rate related contracts: - Less than one year 418,339,896 127,023 47,120 501,759,626 81,341 29,908 - One year to less than five years 412,973,306 1,928,005 607,498 418,709,712 2,199,714 795,461 - Five years and above 110,031,142 2,276,167 1,057,108 105,924,118 2,009,475 910,330 941,344,344 4,331,195 1,711,726 1,026,393,456 4,290,530 1,735,699 Equity and commodity related contracts: - Less than one year 11,255,125 1,309,937 347,869 8,891,520 530,205 129,803 - One year to less than five years 9,333,921 859,032 165,270 10,970,289 693,554 148,272 20,589,046 2,168,969 513,139 19,861,809 1,223,759 278,075 Credit related contracts: - Less than one year 12,839 - - 37,266 - - - One year to less than five years 6,964 - - 7,146 - - 19,803 - - 44,412 - - Total treasury-related commitments and contingencies 1,714,891,482 19,069,299 5,786,533 1,785,201,318 15,644,719 4,965,570 Total commitments and contingencies 1,892,953,690 77,628,978 30,330,804 1,965,141,573 73,699,894 30,180,156 * (i) The Groupʼs and the Bankʼs derivative financial instruments are subject to market, credit and liquidity risks, as follows: Market Risk Credit Risk Liquidity Risk Liquidity risk on derivatives is the risk that the derivative position cannot be closed out promptly. Exposure to liquidity risk is reduced through contracting derivatives where the underlying items are widely traded. The credit equivalent amount and the risk-weighted amount are derived from using the credit conversion factors and risk-weights respectively as specified by Bank Negara Malaysia for regulatory capital adequacy purposes. Market risk on derivatives is the potential loss to the value of these contracts due to changes in price of the underlying items such as equities, interest rates, foreign exchange rates, credit spreads, commodities or other indices. The notional or contractual amounts provide only the volume of transactions outstanding at the reporting date and do not represent the amount at risk. Exposure to market risk may be reduced through offsetting items from on and off-balance sheet positions. Credit risk arises from the possibility that a counterparty may be unable to meet the terms of a contract in which the Bank and certain subsidiaries have a gain position. As at 30 June 2026, the amount of credit risk in the Group, measured in terms of the cost to replace the profitable contracts, was RM21,033.0 million (31 December 2025: RM17,640.2 million). This amount will increase or decrease over the life of the contracts, mainly as a function of maturity dates and market rates or prices. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) As at 30 June 2026 As at 31 December 2025 63
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A34. Commitments and Contingencies (contʼd.) (ii) (a) (b) (c) A35. Capital Adequacy (a) Capital Adequacy Framework (i) * (ii) (b) Compliance and application of capital adequacy ratios (A) Credit risk under Internal Ratings-Based Approach and Standardised Approach; (B) Market risk under Standardised Approach; (C) Operational risk under Standardised Approach; and (D) Large exposure risk requirements. 6.0% In addition, BNM had introduced Capital Conservation Buffer of 2.5% of total risk-weighted assets (“RWA”) as well as Countercyclical Capital Buffer ranging between 0% - 2.5% of total RWA. 8.0%4.5%* The capital adequacy ratios of the Group and of the Bank are computed in accordance with BNMʼs Capital Adequacy Framework (Capital Components) issued on 14 June 2024 and Capital Adequacy Framework (Basel II - Risk- Weighted Assets) issued on 18 December 2023. For Operational Risk, this refers to BNM's Capital Adequacy Framework (Operational Risk) issued on 15 December 2023. The total RWA are computed based on the following approaches: Total RWA is calculated as the sum of credit RWA, market RWA, operational RWA and large exposure risk requirements as determined in accordance with the Capital Adequacy Framework (Basel II - Risk-Weighted Assets) and Capital Adequacy Framework for Islamic Banks (Risk-Weighted Assets) both issued by BNM on 18 December 2023 for Conventional banks and Islamic banks respectively. Any exposures which are deducted in the calculation of CET1 Capital, Tier 1 Capital and Total Capital are not subjected to any further capital charges in the computation of RWA. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) The risk management policies in place for mitigating and controlling the risks associated with these derivative financial contracts; and There have been no changes since the end of the previous financial year in respect of the following: The types of derivative financial contracts entered into and the rationale for entering into such contracts, as well as the expected benefits accruing from these contracts; Bank Negara Malaysia (“BNM”) had on 14 June 2024 issued the updated Capital Adequacy Framework (Capital Components) and Capital Adequacy Framework for Islamic Banks (Capital Components) on the computation of capital and capital adequacy ratios for Conventional banks and Islamic banks respectively. All financial institutions shall hold and maintain at all times, the following minimum capital adequacy ratios: The related accounting policies. Common Equity Tier 1 (CET1) Capital Ratio Tier 1 Capital Ratio Total Capital Ratio 64
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A35. Capital Adequacy (contʼd.) (b) Compliance and application of capital adequacy ratios (contʼd.) (i) (A) Credit risk under Internal Ratings-Based Approach and Standardised Approach; (B) Market risk under Standardised Approach; (C) Operational risk under Standardised Approach; and (D) Large exposure risk requirements. (ii) (A) Credit risk under Standardised Approach; (B) Market risk under Standardised Approach; (C) Operational risk under Standardised Approach; and (D) Large exposure risk requirements. (iii) (A) Credit risk under Standardised Approach; (B) Market risk under Standardised Approach; and (C) Operational risk under Basic Indicator Approach. For PT Bank Maybank Indonesia Tbk, the computation of capital adequacy ratios are in accordance with local requirements, which is based on the Basel Il capital accord. The total RWA are computed based on the following approaches: The minimum regulatory capital adequacy requirements for CET1, Tier 1 and Total Capital are 4.5%, 6.0% and 8.0% of total RWA for the financial year ending 31 December 2026 (2025: 4.5%, 6.0% and 8.0% of total RWA). For Maybank Investment Bank Berhad, the computation of capital adequacy ratios are based on BNMʼs Capital Adequacy Framework (Capital Components) issued on 14 June 2024 and Capital Adequacy Framework (Basel II - Risk-Weighted Assets) issued on 18 December 2023. For Operational Risk, this refers to BNM's Capital Adequacy Framework (Operational Risk) issued on 15 December 2023. The total RWA are computed based on the following approaches: On an entity level basis, the computation of capital adequacy ratios of the subsidiaries of the Group are as follows: For Maybank Islamic Berhad, the computation of capital adequacy ratios are based on BNMʼs Capital Adequacy Framework for Islamic Banks (Capital Components) issued on 14 June 2024 and Capital Adequacy Framework for Islamic Banks (Risk-Weighted Assets) issued on 18 December 2023. For Operational Risk, this refers to BNM's Capital Adequacy Framework (Operational Risk) issued on 15 December 2023. The total RWA are computed based on the following approaches: The minimum regulatory capital adequacy requirements for CET1, Tier 1 and Total Capital are 4.5%, 6.0% and 8.0% of total RWA for the financial year ending 31 December 2026 (2025: 4.5%, 6.0% and 8.0% of total RWA). MALAYAN BANKING BERHAD (Co. Reg. No. : 196001000142) (Incorporated in Malaysia) The minimum regulatory capital adequacy requirement for PT Bank Maybank Indonesia Tbk for the financial year ending 31 December 2026 is 9.0% up to less than 10.0% (2025: 9.0% up to less than 10.0%) of total RWA. 65
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A35. Capital Adequacy (contʼd.) (b) Compliance and application of capital adequacy ratios (contʼd.) (iv) (A) Credit risk under Internal Ratings-Based Approach and Standardised Approach; (B) Market risk under Simplified Standardised Approach; (C) Operational risk under Standardised Approach; and (D) Output Floor calculation using Standardised Approach under MAS Notice 637. (c) The capital adequacy ratios of the Group and of the Bank (i) (ii) 30 June 31 December 30 June 31 December 2026 2025 2026 2025 Before deducting electable portion CET1 Capital Ratio 15.657% 16.041% 15.686% 15.558% Tier 1 Capital Ratio 16.029% 16.419% 15.922% 15.787% Total Capital Ratio 19.413% 19.960% 19.613% 19.599% Group Bank Based on the above, the capital adequacy ratios of the Group and of the Bank are as follows: In arriving the capital adequacy ratios for the financial half year ended 30 June 2026, the proposed single-tier first interim dividend has not been deducted from the calculation of CET1 Capital. where an irrevocable written undertaking from shareholder has been obtained to reinvest the electable portion of the dividend; or With effect from 30 June 2013, the amount of declared dividend to be deducted in the calculation of CET1 Capital under a DRP shall be determined in accordance with BNMʼs Implementation Guidance on Capital Adequacy Framework (Capital Components) (“Implementation Guidance”) issued on 8 May 2013 (last updated on 9 December 2020). Under the said Implementation Guidance, where a portion of the dividend may be reinvested under a DRP (the electable portion), the amount of declared dividend to be deducted in the calculation of CET1 Capital may be reduced as follows: where there is no irrevocable written undertaking provided, the average of the preceding 3-year take-up rates subject to the amount being not more than 50% of the total electable portion of the dividend. For Maybank Singapore Limited, the computation of capital adequacy ratios are based on MAS Notice 637 dated 20 September 2023 (last revised on 9 October 2025) issued by the Monetary Authority of Singapore (“MAS”). The total RWA are computed based on the following approaches: The minimum regulatory capital adequacy requirements for CET1, Tier 1 and Total Capital are 6.5%, 8.0% and 10.0% of total RWA for the financial year ending 31 December 2026 (2025: 6.5%, 8.0% and 10.0% of total RWA). MALAYAN BANKING BERHAD (Co. Reg. No. : 196001000142) (Incorporated in Malaysia) 66
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A35. Capital Adequacy (contʼd.) (d) Components of capital: 30 June 31 December 30 June 31 December 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 CET1 Capital Share capital 55,045,741 54,882,333 55,045,741 54,882,333 Share premium Retained profits1 28,207,562 28,382,877 19,393,086 20,053,848 Other reserves1 (872,781) (71,879) 4,324,575 4,177,638 Qualifying non-controlling interests 115,982 120,750 - - CET1 Capital before regulatory adjustments 82,496,504 83,314,081 78,763,402 79,113,819 Less: Regulatory adjustments applied on CET1 Capital: (13,522,254) (13,359,699) (41,502,903) (41,004,093) Deferred tax assets (1,512,870) (1,470,364) (350,924) (385,973) Goodwill (4,599,153) (4,834,154) (81,015) (81,015) Other intangibles (1,578,041) (1,542,398) (794,694) (733,986) Gains on financial instruments classified as 'fair value through other comprehensive income' (934,386) (1,103,087) (687,223) (686,087) Regulatory reserve (2,611,851) (2,091,415) (2,020,168) (1,554,671) Investment in ordinary shares of unconsolidated financial and insurance/takaful entities2 (2,285,953) (2,318,281) (37,568,879) (37,562,361) Total CET1 Capital 68,974,250 69,954,382 37,260,499 38,109,726 Additional Tier 1 Capital Capital securities 1,560,000 1,560,000 1,560,000 1,560,000 Qualifying CET1 and Additional Tier 1 Capital instruments held by third parties 75,816 85,439 - - Less: Investment in capital instruments of unconsolidated financial and insurance/ takaful entities - - (1,000,000) (1,000,000) Total Tier 1 Capital 70,610,066 71,599,821 37,820,499 38,669,726 Tier 2 Capital Subordinated obligations 13,450,000 13,950,000 13,450,000 13,950,000 Qualifying CET1, Additional Tier 1 and Tier 2 Capital instruments held by third parties 35,500 39,081 - - General provisions3 243,312 301,671 33,621 39,114 Surplus of total eligible provision over total expected loss 1,870,668 1,842,825 969,584 997,834 Less: Investment in capital instruments of unconsolidated financial and insurance/ takaful entities (691,000) (691,000) (5,685,523) (5,648,257) Total Tier 2 Capital 14,908,480 15,442,577 8,767,682 9,338,691 Total Capital 85,518,546 87,042,398 46,588,181 48,008,417 1 2 3 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Refers to loss allowance measured at an amount equal to 12-month and lifetime expected credit losses and regulatory reserve, to the extent they are ascribed to non-credit impaired exposures, determined under Standardised Approach for credit risk. For the Bank, the regulatory adjustment includes cost of investment in subsidiaries and associates, except for Myfin Berhad of RM1 as its business, assets and liabilities have been transferred to the Bank. For the Group, the regulatory adjustment includes carrying amount of associates and investment in insurance and takaful entities. For the Group, the amount excludes retained profits and other reserves from insurance and takaful business. Group Bank 67
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A35. Capital Adequacy (contʼd.) (d) Components of capital (contʼd.): Maybank Islamic Maybank Investment PT Bank Maybank Maybank Singapore Berhad Bank Berhad Indonesia Tbk Limited At 30 June 2026 CET1 Capital Ratio 13.773% 20.588% - 14.831% Tier 1 Capital Ratio 14.547% 20.588% - 14.831% Total Capital Ratio 17.388% 20.873% 24.320% 17.960% At 31 December 2025 CET1 Capital Ratio 14.397% 18.671% - 14.840% Tier 1 Capital Ratio 15.224% 18.671% - 14.840% Total Capital Ratio 18.231% 19.111% 27.291% 18.193% (e) The capital adequacy ratios of the banking subsidiaries of the Bank are as follows: The capital adequacy ratios of the Bank are derived from the Bank excluding the investments in subsidiaries and associates (except for Myfin Berhad as disclosed above). MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) The capital adequacy ratios of the Group are derived from consolidated balances of the Bank and its subsidiaries, excluding the investments in insurance and takaful entities and associates. 68
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A35. Capital Adequacy (contʼd.) (f) The breakdown of RWA by each major risk categories are as follows: At 30 June 2026 Maybank Islamic Maybank Investment PT Bank Maybank Maybank Singapore Group Bank Berhad Bank Berhad Indonesia Tbk Limited RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Standardised Approach exposure 54,110,276 24,803,857 4,429,528 905,889 25,552,376 10,542,027 Internal Ratings-Based Approach exposure after scaling factor 311,777,967 161,597,261 131,487,594 - - 39,678,453 Exposures to Central Counterparties 632,386 229,506 - - - - Total RWA for credit risk 366,520,629 186,630,624 135,917,122 905,889 25,552,376 50,220,480 Total RWA for credit risk absorbed by Maybank and Investment Account Holders* - - (23,379,334) - - - Total RWA for market risk 20,904,784 17,608,180 2,387,058 900,135 1,113,066 876,056 Total RWA for operational risk 52,194,802 32,399,579 14,262,683 1,022,636 2,667,349 2,479,678 Large exposure risk RWA for equity holdings 906,366 903,250 - - - - Total RWA 440,526,581 237,541,633 129,187,529 2,828,660 29,332,791 53,576,214 At 31 December 2025 Maybank Islamic Maybank Investment PT Bank Maybank Maybank Singapore Group Bank Berhad Bank Berhad Indonesia Tbk Limited RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Standardised Approach exposure 54,274,492 24,892,382 3,754,067 911,059 24,894,889 10,205,333 Internal Ratings-Based Approach exposure after scaling factor 307,137,565 166,305,591 129,431,598 - - 38,390,343 Exposures to Central Counterparties 2,159,923 2,062,111 - - - - Total RWA for credit risk 363,571,980 193,260,084 133,185,665 911,059 24,894,889 48,595,676 Total RWA for credit risk absorbed by Maybank and Investment Account Holders* - - (27,648,122) - - - Total RWA for market risk 19,824,895 17,678,489 1,768,164 801,981 997,243 849,026 Total RWA for operational risk 51,786,824 33,103,695 13,623,048 900,759 2,761,109 2,488,441 Large exposure risk RWA for equity holdings 907,931 905,014 - - - - Total RWA 436,091,630 244,947,282 120,928,755 2,613,799 28,653,241 51,933,143 * In accordance to the BNM Investment Account policy, the credit risk weighted assets funded by investment accounts (Unrestricted Investment Account and Restricted Investment Account) are excluded from the calculation of capital adequacy ratio of the Bank. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 69
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A36. Derivative Financial Instruments Principal Principal Amount Assets Liabilities Amount Assets Liabilities Amount Amount Amount Amount Amount Amount At 30 June 2026 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Foreign exchange related contracts Currency forwards: - Less than one year 113,417,198 1,279,348 (771,061) 79,630,582 872,358 (570,094) - One year to three years 3,922,691 35,571 (232,505) 3,875,668 33,990 (232,274) - More than three years 1,422,060 5,594 (104,550) 1,450,019 5,248 (107,097) 118,761,949 1,320,513 (1,108,116) 84,956,269 911,596 (909,465) Currency swaps: - Less than one year 519,381,701 3,716,045 (3,298,032) 555,988,913 3,733,714 (3,269,156) - One year to three years 3,004,208 94,457 (56,116) 2,963,945 94,456 (56,116) - More than three years 830,164 3,510 (39,213) 830,164 3,510 (39,213) 523,216,073 3,814,012 (3,393,361) 559,783,022 3,831,680 (3,364,485) Currency spots: - Less than one year 29,774,437 7,949 (8,297) 29,734,643 7,841 (7,732) Currency options: - Less than one year 3,683,473 50,284 (73,865) 3,785,873 53,189 (62,485) - One year to three years 32,608 451 - 32,608 451 - 3,716,081 50,735 (73,865) 3,818,481 53,640 (62,485) Cross currency interest rate swaps: - Less than one year 26,096,583 607,687 (416,461) 26,983,435 570,211 (442,677) - One year to three years 29,276,903 982,224 (597,095) 30,108,575 1,121,208 (745,300) - More than three years 13,851,747 715,382 (296,124) 12,752,869 701,328 (499,707) 69,225,233 2,305,293 (1,309,680) 69,844,879 2,392,747 (1,687,684) Interest rate related contracts Interest rate swaps: - Less than one year 412,128,953 458,514 (487,727) 412,523,189 488,201 (503,130) - One year to three years 232,691,438 1,410,582 (1,214,888) 233,624,746 1,422,808 (1,233,556) - More than three years 262,002,883 7,133,396 (9,159,004) 262,202,607 7,142,689 (9,163,710) 906,823,274 9,002,492 (10,861,619) 908,350,542 9,053,698 (10,900,396) Interest rate futures: - Less than one year 4,773,850 119,017 (121,417) 4,553,147 108,691 (121,417) - One year to three years 407,600 - (23) 407,600 - (23) 5,181,450 119,017 (121,440) 4,960,747 108,691 (121,440) Interest rate options: - One year to three years 1,945,589 6,146 (532) 1,945,589 6,146 (532) - More than three years 22,401,558 1,419,834 (3,796,408) 22,401,558 1,419,834 (3,796,408) 24,347,147 1,425,980 (3,796,940) 24,347,147 1,425,980 (3,796,940) MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Group Bank The following tables summarise the contractual or underlying principal amounts of trading derivatives and financial instruments held for hedging purposes. The principal or contractual amounts of these instruments reflect the volume of transactions outstanding at the reporting date, and do not represent amounts at risk. Derivative financial instruments are revalued on a gross position basis and the unrealised gains or losses are reflected in “Derivative Financial Instruments” Assets and Liabilities respectively. <----- Fair Value -----> <----- Fair Value -----> Trading derivatives 70
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A36. Derivative Financial Instruments (contʼd.) Principal Principal Amount Assets Liabilities Amount Assets Liabilities Amount Amount Amount Amount Amount Amount At 30 June 2026 (contʼd.) RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Equity options: - Less than one year 10,189,446 730,290 (649,776) 1,230,808 120,360 (9,560) Equity swaps: - Less than one year 11,694,129 2,701,439 (1,730,848) 3,472,479 2,179,765 (1,672,321) Commodity related contracts Commodity options: - Less than one year 4,993,059 206,617 (206,617) 4,993,059 206,617 (206,617) - One year to three years 7,678,573 397,574 (397,574) 7,678,573 397,574 (397,574) - More than three years 267,060 17,548 (17,548) 267,060 17,548 (17,548) 12,938,692 621,739 (621,739) 12,938,692 621,739 (621,739) Commodity swaps: - Less than one year 1,558,779 123,709 (123,709) 1,558,779 123,709 (123,709) - One year to three years 1,388,288 39,711 (39,711) 1,388,288 39,711 (39,711) 2,947,067 163,420 (163,420) 2,947,067 163,420 (163,420) Credit related contracts Credit default swaps: - Less than one year 12,839 24 (5) 12,839 24 (5) - One year to three years 6,964 599 (90) 6,964 599 (90) 19,803 623 (95) 19,803 623 (95) Hedging derivatives Foreign exchange related contracts Cross currency interest rate swaps: - Less than one year 454,939 - (123,530) 454,939 - (123,530) - One year to three years 1,405,866 80,214 (167,127) 1,405,866 80,214 (167,127) - More than three years 2,940,190 137,757 (74,252) 2,940,190 137,757 (74,252) 4,800,995 217,971 (364,909) 4,800,995 217,971 (364,909) Interest rate related contracts Interest rate swaps: - Less than one year 1,263,560 30,654 - 1,263,560 30,654 - - One year to three years 2,422,348 10,954 (18,031) 2,422,348 10,954 (18,031) 3,685,908 41,608 (18,031) 3,685,908 41,608 (18,031) Netting effects for reporting under MFRS 132 - (1,490,052) 1,490,052 - (1,473,400) 1,473,400 Total 1,727,321,684 21,033,029 (22,732,084) 1,714,891,482 19,657,959 (22,227,302) <----- Fair Value -----> Trading derivatives (contʼd.) Group Bank <----- Fair Value -----> Equity related contracts (Incorporated in Malaysia) MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) 71
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A36. Derivative Financial Instruments (contʼd.) Principal Principal Amount Assets Liabilities Amount Assets Liabilities At 31 December 2025 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Foreign exchange related contracts Currency forwards: - Less than one year 80,738,271 445,524 (1,666,111) 49,390,951 236,993 (924,013) - One year to three years 4,601,413 49,858 (216,952) 4,575,502 49,381 (219,891) - More than three years 2,608,196 12,061 (135,225) 1,933,472 9,136 (135,434) 87,947,880 507,443 (2,018,288) 55,899,925 295,510 (1,279,338) Currency swaps: - Less than one year 539,682,547 3,050,884 (3,837,639) 586,838,565 3,478,632 (4,415,897) - One year to three years 2,468,149 30,236 (13,384) 2,610,197 30,236 (13,387) - More than three years 832,417 4,283 (36,642) 832,417 4,283 (36,642) 542,983,113 3,085,403 (3,887,665) 590,281,179 3,513,151 (4,465,926) Currency spots: - Less than one year 11,221,401 12,365 (10,788) 11,676,000 11,898 (11,186) Currency options: - Less than one year 2,991,245 53,339 (75,473) 3,255,575 20,527 (34,904) - One year to three years 394,194 281 (11,784) 502,901 16,369 (17,550) 3,385,439 53,620 (87,257) 3,758,476 36,896 (52,454) Cross currency interest rate swaps: - Less than one year 25,427,175 520,117 (257,988) 25,387,303 534,290 (255,876) - One year to three years 30,884,929 699,905 (344,301) 34,006,682 760,628 (599,212) - More than three years 15,351,049 557,044 (177,878) 14,662,191 560,401 (229,438) 71,663,153 1,777,066 (780,167) 74,056,176 1,855,319 (1,084,526) Interest rate related contracts Interest rate swaps: - Less than one year 494,791,740 716,683 (685,543) 494,901,214 718,656 (686,190) - One year to three years 245,053,863 1,303,332 (1,190,510) 246,123,829 1,331,685 (1,236,000) - More than three years 245,046,988 7,754,856 (9,408,722) 245,123,029 7,762,682 (9,412,987) 984,892,591 9,774,871 (11,284,775) 986,148,072 9,813,023 (11,335,177) Interest rate futures: - Less than one year 6,643,683 182,613 (182,579) 6,643,683 182,613 (182,579) Interest rate options: - One year to three years 4,854,248 36,490 (24,399) 4,854,248 36,490 (24,399) - More than three years 24,854,393 1,565,351 (4,394,532) 24,854,393 1,565,351 (4,394,532) 29,708,641 1,601,841 (4,418,931) 29,708,641 1,601,841 (4,418,931) (Co. Reg. No.: 196001000142) Group Bank MALAYAN BANKING BERHAD (Incorporated in Malaysia) <----- Fair Value -----> <----- Fair Value -----> Trading derivatives 72
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A36. Derivative Financial Instruments (contʼd.) Principal Principal Amount Assets Liabilities Amount Assets Liabilities At 31 December 2025 (contʼd.) RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Equity options: - Less than one year 6,082,837 325,792 (502,950) 904,531 78,689 (748) Equity swaps: - Less than one year 6,444,076 438,268 (1,478,687) 3,102,711 124,095 (1,430,936) - One year to three years 1,290 - (8) - - - 6,445,366 438,268 (1,478,695) 3,102,711 124,095 (1,430,936) Commodity related contracts Commodity options: - Less than one year 3,387,833 116,742 (116,742) 3,387,833 116,742 (116,742) - One year to three years 9,531,955 526,992 (526,992) 9,531,955 526,992 (526,992) - More than three years 663,808 20,693 (20,693) 663,808 20,693 (20,693) 13,583,596 664,427 (664,427) 13,583,596 664,427 (664,427) Commodity swaps: - Less than one year 1,496,445 30,934 (30,934) 1,496,445 30,934 (30,934) - One year to three years 774,526 26,172 (26,172) 774,526 26,172 (26,172) 2,270,971 57,106 (57,106) 2,270,971 57,106 (57,106) Credit-related contract Credit default swaps: - Less than one year 37,266 204 (21) 37,266 204 (21) - One year to three years 7,146 729 (110) 7,146 729 (110) 44,412 933 (131) 44,412 933 (131) Hedging derivatives Foreign exchange related contracts Cross currency interest rate swaps: - Less than one year 743,073 62,609 (103,287) 743,073 62,609 (103,287) - One year to three years 1,092,704 71,047 (57,487) 1,092,704 71,047 (57,487) - More than three years 1,394,108 104,012 (162,308) 1,394,108 104,012 (162,308) 3,229,885 237,668 (323,082) 3,229,885 237,668 (323,082) Interest rate related contracts Interest rate swaps: - Less than one year 214,729 9,911 (1,947) 214,729 9,911 (1,947) - One year to three years 3,292,773 86,264 (5,289) 3,292,773 86,264 (5,289) - More than three years 385,558 - (7,162) 385,558 - (7,162) 3,893,060 96,175 (14,398) 3,893,060 96,175 (14,398) Netting effects for reporting under MFRS 132 - (1,175,363) 1,175,363 - (1,164,299) 1,164,299 Total 1,773,996,028 17,640,228 (24,535,876) 1,785,201,318 17,405,045 (24,156,646) Equity related contracts MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Trading derivatives (contʼd.) Bank <----- Fair Value -----> <----- Fair Value -----> Group 73
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A37. Fair Value Measurements of Financial Instruments Valuation principles (a) (b) (c) Quoted Observable Unobservable Market Price Inputs Inputs Group (Level 1) (Level 2) (Level 3) Total At 30 June 2026 RM'000 RM'000 RM'000 RM'000 Financial assets measured at fair value: Financial assets designated upon initial recognition at fair value through profit or loss - 12,306,721 - 12,306,721 Money market instruments - 1,195,250 - 1,195,250 Quoted securities - - - - Unquoted securities - 11,111,471 - 11,111,471 Financial investments at fair value through profit or loss 20,212,166 24,721,406 1,058,215 45,991,787 Money market instruments - 9,852,232 - 9,852,232 Quoted securities 20,212,166 - - 20,212,166 Unquoted securities - 14,869,174 1,058,215 15,927,389 The classification in the fair value hierarchy of the Groupʼs and the Bankʼs non-financial and financial assets and financial liabilities measured at fair value as at 30 June 2026 and 31 December 2025 is summarised in the table: Valuation technique using MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) For disclosure purposes, the level in the hierarchy within which the instruments are classified in its entirety is based on the lowest level input that is significant to the positionʼs fair value measurements: Level 1: Quoted prices (unadjusted) in active markets for identical assets and liabilities Refers to financial instruments which are regarded as quoted in an active market if quoted prices are readily and regularly available from an exchange, and those prices which represent actual and regularly occurring market transactions in an arm’s length basis. Such financial instruments include actively traded government securities, listed derivatives and cash products traded on exchange. Level 2: Valuation techniques for which all significant inputs are, or are based on, observable market data Refers to inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e. prices) or indirectly (i.e. derived from prices). Examples of Level 2 financial instruments include over-the-counter (“OTC”) derivatives, corporate and other government bonds, illiquid equities and consumer loans and financing with homogeneous or similar features in the market. Level 3: Valuation techniques for which significant inputs are not based on observable market data Refers to instruments where fair value is measured using significant unobservable inputs. The valuation techniques used are consistent with Level 2 but incorporates the Groupʼs and the Bankʼs own assumptions and data. Examples of Level 3 instruments include corporate bonds in illiquid markets, private equity investments and loans and financing priced primarily based on internal credit assessment. 74
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A37. Fair Value Measurements of Financial Instruments (contʼd.) Quoted Observable Unobservable Market Price Inputs Inputs Group (contʼd.) (Level 1) (Level 2) (Level 3) Total At 30 June 2026 RM'000 RM'000 RM'000 RM'000 Financial assets measured at fair value (contʼd.): Financial investments at fair value through other comprehensive income 6,175,417 107,277,795 429,607 113,882,819 Money market instruments - 39,633,405 - 39,633,405 Quoted securities 6,175,417 - - 6,175,417 Unquoted securities - 67,644,390 429,607 68,073,997 Loans, advances and financing at fair value through other comprehensive income - - 31,609,880 31,609,880 Derivative assets - 20,247,879 785,150 21,033,029 Foreign exchange related contracts - 7,716,473 - 7,716,473 Interest rate related contracts - 10,589,097 - 10,589,097 Equity and commodity related contracts - 3,431,738 785,150 4,216,888 Credit related contracts - 623 - 623 Netting effects under MFRS 132 Amendments - (1,490,052) - (1,490,052) 26,387,583 164,553,801 33,882,852 224,824,236 Financial liabilities measured at fair value: Financial liabilities at fair value through profit or loss - 10,576,424 - 10,576,424 Structured deposits - 3,585,764 - 3,585,764 Borrowings - 6,990,660 - 6,990,660 Derivative liabilities 8,868 21,938,066 785,150 22,732,084 Foreign exchange related contracts - 6,258,228 - 6,258,228 Interest rate related contracts - 14,798,030 - 14,798,030 Equity and commodity related contracts 8,868 2,371,765 785,150 3,165,783 Credit related contracts - 95 - 95 Netting effects under MFRS 132 Amendments - (1,490,052) - (1,490,052) 8,868 32,514,490 785,150 33,308,508 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Valuation technique using The classification in the fair value hierarchy of the Groupʼs and the Bankʼs non-financial and financial assets and financial liabilities measured at fair value as at 30 June 2026 and 31 December 2025 is summarised in the table (contʼd.): 75
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A37. Fair Value Measurements of Financial Instruments (contʼd.) Quoted Observable Unobservable Market Price Inputs Inputs Group (Level 1) (Level 2) (Level 3) Total At 31 December 2025 RM'000 RM'000 RM'000 RM'000 Financial assets measured at fair value: Financial assets designated upon initial recognition at fair value through profit or loss 13,952 12,891,741 - 12,905,693 Money market instruments - 1,140,166 - 1,140,166 Quoted securities 13,952 - - 13,952 Unquoted securities - 11,751,575 - 11,751,575 Financial investments at fair value through profit or loss 22,844,527 22,163,726 1,058,226 46,066,479 Money market instruments - 12,344,115 - 12,344,115 Quoted securities 22,844,527 - - 22,844,527 Unquoted securities - 9,819,611 1,058,226 10,877,837 Financial investments at fair value through other comprehensive income 5,811,836 110,722,829 429,569 116,964,234 Money market instruments - 45,411,041 - 45,411,041 Quoted securities 5,811,836 - - 5,811,836 Unquoted securities - 65,311,788 429,569 65,741,357 Loans, advances and financing at fair value through other comprehensive income - - 30,288,409 30,288,409 Derivative assets - 16,918,739 721,489 17,640,228 Foreign exchange related contracts - 5,673,565 - 5,673,565 Interest rate related contracts - 11,655,500 - 11,655,500 Equity and commodity related contracts - 764,104 721,489 1,485,593 Credit related contracts - 933 - 933 Netting effects under MFRS 132 Amendments - (1,175,363) - (1,175,363) 28,670,315 162,697,035 32,497,693 223,865,043 Financial liabilities measured at fair value: Financial liabilities at fair value through profit or loss - 9,583,737 - 9,583,737 Structured deposits - 3,046,858 - 3,046,858 Borrowings - 6,536,879 - 6,536,879 Derivative liabilities - 23,814,387 721,489 24,535,876 Foreign exchange related contracts - 7,107,247 - 7,107,247 Interest rate related contracts - 15,900,683 - 15,900,683 Equity and commodity related contracts - 1,981,689 721,489 2,703,178 Credit related contracts - 131 - 131 Netting effects under MFRS 132 Amendments - (1,175,363) - (1,175,363) - 33,398,124 721,489 34,119,613 Valuation technique using (Incorporated in Malaysia) The classification in the fair value hierarchy of the Groupʼs and the Bankʼs non-financial and financial assets and financial liabilities measured at fair value as at 30 June 2026 and 31 December 2025 is summarised in the table (contʼd.): MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) 76
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A37. Fair Value Measurements of Financial Instruments (contʼd.) Quoted Observable Unobservable Market Price Inputs Inputs Bank (Level 1) (Level 2) (Level 3) Total At 30 June 2026 RM'000 RM'000 RM'000 RM'000 Financial assets measured at fair value: Financial investments at fair value through profit or loss 3,771,048 16,547,286 832,443 21,150,777 Money market instruments - 7,782,870 - 7,782,870 Quoted securities 3,771,048 - - 3,771,048 Unquoted securities - 8,764,416 832,443 9,596,859 Financial investments at fair value through other comprehensive income 301,935 62,148,188 423,879 62,874,002 Money market instruments - 18,937,697 - 18,937,697 Quoted securities 301,935 - - 301,935 Unquoted securities - 43,210,491 423,879 43,634,370 Loans, advances and financing at fair value through other comprehensive income - - 35,096,550 35,096,550 Derivative assets - 18,872,809 785,150 19,657,959 Foreign exchange related contracts - 7,415,475 - 7,415,475 Interest rate related contracts - 10,629,977 - 10,629,977 Equity and commodity related contracts - 2,300,134 785,150 3,085,284 Credit related contracts - 623 - 623 Netting effects under MFRS 132 Amendments - (1,473,400) - (1,473,400) 4,072,983 97,568,283 37,138,022 138,779,288 Financial liabilities measured at fair value: Financial liabilities at fair value through profit or loss - 7,649,669 - 7,649,669 Structured deposits - 659,009 - 659,009 Borrowings - 6,990,660 - 6,990,660 Derivative liabilities 8,868 21,433,284 785,150 22,227,302 Foreign exchange related contracts - 6,396,760 - 6,396,760 Interest rate related contracts - 14,836,807 - 14,836,807 Equity and commodity related contracts 8,868 1,673,022 785,150 2,467,040 Credit related contracts - 95 - 95 Netting effects under MFRS 132 Amendments - (1,473,400) - (1,473,400) 8,868 29,082,953 785,150 29,876,971 (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Valuation technique using The classification in the fair value hierarchy of the Groupʼs and the Bankʼs non-financial and financial assets and financial liabilities measured at fair value as at 30 June 2026 and 31 December 2025 is summarised in the table (contʼd.): MALAYAN BANKING BERHAD 77
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A37. Fair Value Measurements of Financial Instruments (contʼd.) Quoted Observable Unobservable Market Price Inputs Inputs Bank (Level 1) (Level 2) (Level 3) Total At 31 December 2025 RM'000 RM'000 RM'000 RM'000 Financial assets measured at fair value: Financial investments at fair value through profit or loss 5,449,330 15,201,392 832,443 21,483,165 Money market instruments - 10,007,363 - 10,007,363 Quoted securities 5,449,330 - - 5,449,330 Unquoted securities - 5,194,029 832,443 6,026,472 Financial investments at fair value through other comprehensive income 371,277 64,824,791 423,778 65,619,846 Money market instruments - 22,378,231 - 22,378,231 Quoted securities 371,277 - - 371,277 Unquoted securities - 42,446,560 423,778 42,870,338 Loans, advances and financing at fair value through other comprehensive income - - 35,715,653 35,715,653 Derivative assets - 16,683,556 721,489 17,405,045 Foreign exchange related contracts - 5,950,442 - 5,950,442 Interest rate related contracts - 11,693,652 - 11,693,652 Equity and commodity related contracts - 202,828 721,489 924,317 Credit related contracts - 933 - 933 Netting effects under MFRS132 Amendments - (1,164,299) - (1,164,299) 5,820,607 96,709,739 37,693,363 140,223,709 Financial liabilities measured at fair value: Financial liabilities at fair value through profit or loss - 6,748,860 - 6,748,860 Structured deposits - 211,981 - 211,981 Borrowings - 6,536,879 - 6,536,879 Derivative liabilities - 23,435,157 721,489 24,156,646 Foreign exchange related contracts - 7,216,512 - 7,216,512 Interest rate related contracts - 15,951,085 - 15,951,085 Equity and commodity related contracts - 1,431,728 721,489 2,153,217 Credit related contracts - 131 - 131 Netting effects under MFRS132 Amendments - (1,164,299) - (1,164,299) - 30,184,017 721,489 30,905,506 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Valuation technique using The classification in the fair value hierarchy of the Groupʼs and the Bankʼs non-financial and financial assets and financial liabilities measured at fair value as at 30 June 2026 and 31 December 2025 is summarised in the table (contʼd.): 78
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A37. Fair Value Measurements of Financial Instruments (contʼd.) Valuation techniques Derivatives Financial liabilities at fair value through profit or loss (Incorporated in Malaysia) The valuation techniques used for the financial and non-financial assets and financial liabilities that are not determined by reference to quoted prices (Level 1) are described below: The fair values of the Groupʼs and the Bankʼs derivative instruments are derived using discounted cash flows analysis, option pricing and benchmarking models. The fair values of financial liabilities designated at fair value through profit or loss are derived using discounted cash flows. The fair values are estimated based on expected future cash flows of contractual instalment payments, discounted at applicable and prevailing rates at reporting date offered for similar facilities to new borrowers with similar credit profiles. Financial assets designated upon initial recognition at fair value through profit or loss, financial investments at fair value through profit or loss and financial investments at fair value through other comprehensive income The fair values of these financial assets/financial investments are determined by reference to prices quoted by independent data providers and independent brokers. Fair values for unquoted equity securities held for socio economic reasons (classified as Level 3) are determined based on the net tangible assets of the companies. Loans, advances and financing at fair value through profit or loss and at fair value through other comprehensive income MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) 79
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A37. Fair Value Measurements of Financial Instruments (contʼd.) Reconciliation of fair value measurements in Level 3 of the fair value hierarchy: Unrealised Other Unrealised gains gains/(losses) gains/(losses) recognised in At recognised in recognised in other Purchases/ At 1 January income income comprehensive Issuances/ Exchange 30 June Group 2026 statements* statements# income Additions Sales Settlements differences 2026 As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Financial investments at fair value through profit or loss Unquoted securities 1,058,226 - - - - - - (11) 1,058,215 Financial investments at fair value through other comprehensive income Unquoted securities 429,569 - - 112 - - - (74) 429,607 Loans, advances and financing at fair value through other comprehensive income 30,288,409 - - 124,380 6,961,734 - (5,294,510) (470,133) 31,609,880 Derivative assets Equity and commodity related contracts 721,489 343,283 177,163 - 21,821 (478,606) - - 785,150 Total Level 3 financial assets 32,497,693 343,283 177,163 124,492 6,983,555 (478,606) (5,294,510) (470,218) 33,882,852 Derivative liabilities Equity and commodity related contracts (721,489) (347,821) (177,311) - (21,821) 483,292 - - (785,150) Total Level 3 financial liabilities (721,489) (347,821) (177,311) - (21,821) 483,292 - - (785,150) Total net Level 3 financial assets/(liabilities) 31,776,204 (4,538) (148) 124,492 6,961,734 4,686 (5,294,510) (470,218) 33,097,702 * Included within ʽOther operating incomeʼ, ʽ(Allowances for)/writeback of impairment losses on financial investments, netʼ and ʽIncome from Islamic Banking Scheme operationsʼ. # Included within ʽOther operating incomeʼ and ʽIncome from Islamic Banking Scheme operationsʼ. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 80
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A37. Fair Value Measurements of Financial Instruments (contʼd.) Reconciliation of fair value measurements in Level 3 of the fair value hierarchy (contʼd.): Unrealised Other Unrealised gains/(losses) gains/(losses) gains/(losses) recognised in At recognised in recognised in other Purchases/ At 1 January income income comprehensive Issuances/ Exchange 31 December Group 2025 statements* statements# income Additions Sales Settlements differences 2025 As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Financial investments at fair value through profit or loss Unquoted securities 1,005,425 - 52,838 - - - - (37) 1,058,226 Financial investments at fair value through other comprehensive income Unquoted securities 362,880 - - 66,895 - (167) - (39) 429,569 Loans, advances and financing at fair value through other comprehensive income 32,016,786 - - (233,229) 10,080,729 - (10,112,070) (1,463,807) 30,288,409 Derivative assets Equity and commodity related contracts 803,968 188,227 (379,553) - 338,083 (229,236) - - 721,489 Total Level 3 financial assets 34,189,059 188,227 (326,715) (166,334) 10,418,812 (229,403) (10,112,070) (1,463,883) 32,497,693 Derivative liabilities Equity and commodity related contracts (803,968) (206,443) 380,560 - (338,083) 246,445 - - (721,489) Total Level 3 financial liabilities (803,968) (206,443) 380,560 - (338,083) 246,445 - - (721,489) Total net Level 3 financial assets/(liabilities) 33,385,091 (18,216) 53,845 (166,334) 10,080,729 17,042 (10,112,070) (1,463,883) 31,776,204 * Included within ʽOther operating incomeʼ, ʽAllowances for impairment losses on financial investments, netʼ and ʽIncome from Islamic Banking Scheme operationsʼ. # Included within ʽOther operating incomeʼ and ʽIncome from Islamic Banking Scheme operationsʼ. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 81
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A37. Fair Value Measurements of Financial Instruments (contʼd.) Reconciliation of fair value measurements in Level 3 of the fair value hierarchy (contʼd.): Unrealised Other Unrealised gains gains/(losses) gains/(losses) recognised in At recognised in recognised in other Purchases/ At 1 January income income comprehensive Issuances/ Exchange 30 June Bank 2026 statements* statements# income Additions Sales Settlements differences 2026 As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Financial investments at fair value through profit or loss Unquoted securities 832,443 - - - - - - - 832,443 Financial investments at fair value through other comprehensive income Unquoted securities 423,778 - - 101 - - - - 423,879 Loans, advances and financing at fair value through other comprehensive income 35,715,653 - - 153,799 5,811,656 - (6,121,426) (463,132) 35,096,550 Derivative assets Equity and commodity related contracts 721,489 343,283 177,163 - 21,821 (478,606) - - 785,150 Total Level 3 financial assets 37,693,363 343,283 177,163 153,900 5,833,477 (478,606) (6,121,426) (463,132) 37,138,022 Derivative liabilities Equity and commodity related contracts (721,489) (347,821) (177,311) - (21,821) 483,292 - - (785,150) Total Level 3 financial liabilities (721,489) (347,821) (177,311) - (21,821) 483,292 - - (785,150) Total net Level 3 financial assets/(liabilities) 36,971,874 (4,538) (148) 153,900 5,811,656 4,686 (6,121,426) (463,132) 36,352,872 * Included within ʽOther operating incomeʼ and ʽ(Allowances for)/writeback of impairment losses on financial investments, netʼ. # Included within ʽOther operating incomeʼ. (Incorporated in Malaysia) MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) 82
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A37. Fair Value Measurements of Financial Instruments (contʼd.) Reconciliation of fair value measurements in Level 3 of the fair value hierarchy (contʼd.): Unrealised Other Unrealised gains/(losses) gains/(losses) gains/(losses) recognised in At recognised in recognised in other Purchases/ At 1 January income income comprehensive Issuances/ Exchange 31 December Bank 2025 statements* statements# income Additions Sales Settlements differences 2025 As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Financial investments at fair value through profit or loss Unquoted securities 783,340 - 49,103 - - - - - 832,443 Financial investments at fair value through other comprehensive income Unquoted securities 357,022 - - 66,756 - - - - 423,778 Loans, advances and financing at fair value through other comprehensive income 34,662,051 - - (235,585) 13,698,789 - (10,888,009) (1,521,593) 35,715,653 Derivative assets Equity and commodity related contracts 803,968 188,227 (379,553) - 338,083 (229,236) - - 721,489 Total Level 3 financial assets 36,606,381 188,227 (330,450) (168,829) 14,036,872 (229,236) (10,888,009) (1,521,593) 37,693,363 Derivative liabilities Equity and commodity related contracts (803,968) (206,443) 380,560 - (338,083) 246,445 - - (721,489) Total Level 3 financial liabilities (803,968) (206,443) 380,560 - (338,083) 246,445 - - (721,489) Total net Level 3 financial assets/(liabilities) 35,802,413 (18,216) 50,110 (168,829) 13,698,789 17,209 (10,888,009) (1,521,593) 36,971,874 * Included within ʽOther operating incomeʼ and ʽAllowances for impairment losses on financial investments, netʼ. # Included within ʽOther operating incomeʼ. The Group’s accounting policy is to recognise transfers into and transfers out of fair value hierarchy levels as the end of the reporting period. There were no transfers between Level 1 and Level 2 for the Group and the Bank during the financial half year ended 30 June 2026. Movements in Level 3 financial instruments measured at fair value There were no transfers into or out of Level 3 for the Group and the Bank during the financial half year ended 30 June 2026. (Incorporated in Malaysia) MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) 83
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A38. Credit Exposure Arising from Credit Transactions with Connected Parties 30 June 31 December 30 June 31 December 2026 2025 2026 2025 Outstanding credit exposures with connected parties (RM'000) 33,368,163 17,430,652 27,610,012 19,387,888 Percentage of outstanding credit exposures to connected parties as proportion of total credit exposures 3.2% 1.7% 5.0% 3.5% Percentage of outstanding credit exposures with connected parties which is impaired* or in default - - - - *Impaired refers to non-performing as stated in Paragraph 9.1 of Bank Negara Malaysiaʼs revised Guidelines on Credit Transactions and Exposures with Connected Parties. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Group Bank The credit exposures disclosed below are based on the requirement of Paragraph 9.1 of Bank Negara Malaysiaʼs revised Guidelines on Credit Transactions and Exposures with Connected Parties: 84
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A39. Unaudited Income Statements and Statements of Financial Position of Insurance and Takaful Business (a) Unaudited Income Statements for the Financial Half Year Ended 30 June 2026 Group Six-Month Ended 30 June 30 June 30 June 30 June 30 June 30 June 30 June 30 June 30 June 30 June 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Interest income 358,372 368,051 326,208 338,074 104,976 101,778 70,841 74,517 860,397 882,420 Interest expense (9,275) (9,835) - - - - (29,136) (29,152) (38,411) (38,987) Net interest income 349,097 358,216 326,208 338,074 104,976 101,778 41,705 45,365 821,986 843,433 Insurance/takaful service result 104,951 144,600 143,655 325,644 131,406 109,606 70,091 58,897 450,103 638,747 Other operating income 285,788 24,934 34,027 108,203 35,838 (24,742) 44,370 4,920 400,023 113,315 Total operating income 739,836 527,750 503,890 771,921 272,220 186,642 156,166 109,182 1,672,112 1,595,495 Net insurance/takaful investment/finance result (614,598) (381,718) (258,676) (493,667) (69,631) (36,947) (7,603) (5,302) (950,508) (917,634) Net operating income 125,238 146,032 245,214 278,254 202,589 149,695 148,563 103,880 721,604 677,861 Overhead expenses (55,889) (59,568) (5,882) (3,546) (6,722) (3,296) (10,291) (46,009) (78,784) (112,419) Operating profit before impairment losses 69,349 86,464 239,332 274,708 195,867 146,399 138,272 57,871 642,820 565,442 (Allowances for)/writeback of impairment losses on loans, advances, financing and other debts, net (56) (130) (2) (1) - - 91 102 33 (29) (Allowances for)/writeback of impairment losses on financial investments, net (601) 378 (1,751) 272 (1,087) 37 1,204 36 (2,235) 723 (Allowances for)/writeback of impairment losses on other assets, net (2,028) (456) (113) (6) - 122 (177) (5) (2,318) (345) Profit before taxation and zakat 66,664 86,256 237,466 274,973 194,780 146,558 139,390 58,004 638,300 565,791 Taxation and zakat (20,193) (25,216) (96,168) (108,575) (56,687) (47,467) (43,319) (32,955) (216,367) (214,213) Profit for the financial period 46,471 61,040 141,298 166,398 138,093 99,091 96,071 25,049 421,933 351,578 TotalLife Business Family Takaful Business General Takaful Business and Others MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Pursuant to Paragraph 11.4(f) of Bank Negara Malaysiaʼs Financial Reporting Policy document issued on 29 April 2022, the breakdown of Unaudited Income Statements and Statements of Financial Position of Insurance and Takaful Business into Life Business, Family Takaful Business, General Takaful Business and General Business and others are disclosed as follows: General Business 85
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A39. Unaudited Income Statements and Statements of Financial Position of Insurance and Takaful Business (contʼd.) (b) Unaudited Statements of Financial Position as at 30 June 2026 30 June 31 December 30 June 31 December 30 June 31 December 30 June 31 December 30 June 31 December 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 Group RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 ASSETS Cash and short-term funds 887,272 702,199 94,815 94,501 218,377 118,045 103,717 126,960 1,304,181 1,041,705 Deposits and placements with financial institutions 1,128,415 884,774 1,555,038 1,206,031 823,825 1,039,866 1,231,721 516,810 4,738,999 3,647,481 Financial assets purchased under resale agreements - - - - - - 30,356 - 30,356 - Financial assets designated upon initial recognition at fair value through profit or loss 5,968,786 6,098,601 6,279,054 6,723,661 13,142 13,401 45,740 56,078 12,306,722 12,891,741 Financial investments at fair value through profit or loss 11,640,092 10,864,385 2,035,801 2,165,695 274,270 349,531 551,760 510,313 14,501,923 13,889,924 Financial investments at fair value through other comprehensive income 8,160,781 7,505,859 7,551,918 7,514,628 4,582,396 4,342,688 1,623,145 1,662,142 21,918,240 21,025,317 Financial investments at amortised cost - - - - - - 14,049 16,243 14,049 16,243 Loans, advances and financing 85,387 85,827 7,527 8,069 544 646 52,052 49,367 145,510 143,909 Derivative assets 18,986 71,805 - 992 - 470 - 230 18,986 73,497 Insurance contract/takaful certificate assets 38,925 44,710 - 4,397 - - 49,715 54,058 88,640 103,165 Reinsurance contract/retakaful certificate assets 1,158,175 1,223,389 427,909 394,448 379,076 448,195 2,926,397 3,208,413 4,891,557 5,274,445 Other assets 449,713 191,494 115,408 95,827 8,313 7,506 204,708 182,792 778,142 477,619 Investment properties 855,925 853,925 - - - - 186,146 185,075 1,042,071 1,039,000 Statutory deposits with central banks 2,856 2,841 - - - - - - 2,856 2,841 Property, plant and equipment 126,601 126,334 136 158 16,265 12,110 82,995 83,536 225,997 222,138 Right-of-use assets 34,691 39,166 245 338 - - 12,449 11,787 47,385 51,291 Intangible assets 70,322 73,274 28,813 25,081 8,690 7,798 33,474 35,017 141,299 141,170 Deferred tax assets 15,089 21,694 91,412 104,897 83,349 85,659 29,514 35,603 219,364 247,853 TOTAL ASSETS 30,642,016 28,790,277 18,188,076 18,338,723 6,408,247 6,425,915 7,177,938 6,734,424 62,416,277 60,289,339 LIABILITIES Obligations on financial assets sold under repurchase agreements - - - - - - 29,669 - 29,669 - Derivative liabilities 82,214 4,633 860 - - - 12,870 16,289 95,944 20,922 Insurance contract/takaful certificate liabilities 26,178,194 24,599,031 14,631,223 14,479,940 3,721,616 3,712,807 3,992,136 4,302,152 48,523,169 47,093,930 Reinsurance contract/retakaful certificate liabilities (556) 24,722 - - - - 10,622 8,040 10,066 32,762 Other liabilities # 1,778,262 1,427,678 726,975 758,129 267,171 315,125 310,028 336,930 3,082,436 2,837,862 Provision for taxation and zakat (4,383) (67,097) 74,329 41,030 57,866 55,044 41,892 33,386 169,704 62,363 Deferred tax liabilities 461,207 530,112 40,991 61,081 28,764 40,618 60,298 65,357 591,260 697,168 Subordinated obligations - - - - - - 312,051 312,051 312,051 312,051 TOTAL LIABILITIES 28,494,938 26,519,079 15,474,378 15,340,180 4,075,417 4,123,594 4,769,566 5,074,205 52,814,299 51,057,058 EQUITY ATTRIBUTABLE TO EQUITYHOLDERS OF THE SUBSIDIARIES Share capital 1,388,122 1,388,122 100,000 100,000 970,001 970,001 (1,797,257) (1,797,257) 660,866 660,866 Other reserves 758,956 883,076 2,613,698 2,898,543 1,362,829 1,332,320 4,205,629 3,457,476 8,941,112 8,571,415 2,147,078 2,271,198 2,713,698 2,998,543 2,332,830 2,302,321 2,408,372 1,660,219 9,601,978 9,232,281 TOTAL LIABILITIES AND SHAREHOLDERSʼ EQUITY 30,642,016 28,790,277 18,188,076 18,338,723 6,408,247 6,425,915 7,177,938 6,734,424 62,416,277 60,289,339 * # Included in other liabilities are the amounts due to/(from) life, general and investment-linked funds which are unsecured, not subject to any interest elements and are repayable on demand. and Others* Total Included inter-company transactions within insurance/takaful entities which are eliminated on consolidation at Group level. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Pursuant to Paragraph 11.4(f) of Bank Negara Malaysiaʼs Financial Reporting Policy document issued on 29 April 2022, the breakdown of Unaudited Income Statements and Statements of Financial Position of Insurance and Takaful Business into Life Business, Family Takaful Business, General Takaful Business and General Business and others are disclosed as follows (contʼd.): General Business Life Business Family Takaful Business General Takaful Business 86
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A40. The Operations of Islamic Banking Scheme A40a. Unaudited Income Statements for the Financial Half Year Ended 30 June 2026 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Group RM'000 RM'000 RM'000 RM'000 Income derived from investment of depositorsʼ funds 3,463,930 3,548,907 6,851,535 6,886,918 Income derived from investment of investment account funds 390,834 366,145 765,869 727,529 Income derived from investment of Islamic Banking Funds 212,402 206,190 430,382 423,433 Allowances for impairment losses on financing and advances, net (342,948) (352,279) (662,668) (487,789) Writeback of/(allowances for) impairment losses on financial investments, net 43,672 (16,142) 39,560 (15,032) Writeback of/(allowances for) impairment losses on other assets, net 853 (814) 2 (611) Total distributable income 3,768,743 3,752,007 7,424,680 7,534,448 Profit share income from investment accounts 66,679 50,813 128,535 96,885 Profit distributed to depositors (1,732,447) (1,825,330) (3,399,588) (3,591,962) Profit distributed to investment account holders (125,251) (128,254) (242,546) (252,312) Total net income 1,977,724 1,849,236 3,911,081 3,787,059 (111,081) (130,417) (248,747) (257,234) Overhead expenses (740,249) (736,102) (1,549,912) (1,516,794) Profit before taxation and zakat 1,126,394 982,717 2,112,422 2,013,031 Taxation (263,281) (236,682) (500,846) (484,860) Zakat (14,405) (19,304) (26,369) (36,673) Profit for the financial period 848,708 726,731 1,585,207 1,491,498 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Group RM'000 RM'000 RM'000 RM'000 Income derived from investment of depositorsʼ funds 3,463,930 3,548,907 6,851,535 6,886,918 Income derived from investment of investment account funds 390,834 366,145 765,869 727,529 Income derived from investment of Islamic Banking Funds 212,402 206,190 430,382 423,433 Total income before allowances for impairment losses on financial assets and overhead expenses 4,067,166 4,121,242 8,047,786 8,037,880 Profit share income from investment accounts 66,679 50,813 128,535 96,885 Profit distributed to depositors (1,732,447) (1,825,330) (3,399,588) (3,591,962) Profit distributed to investment account holders (125,251) (128,254) (242,546) (252,312) 2,276,147 2,218,471 4,534,187 4,290,491 (111,081) (130,417) (248,747) (257,234) Net of intercompany income and expenses 194,236 173,118 320,891 338,271 Profit share income from investment accounts funded by the Bank (66,671) (50,737) (128,520) (96,739) Income from Islamic Banking Scheme operations reported in the Income Statement of the Group 2,292,631 2,210,435 4,477,811 4,274,789 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Second Quarter Ended Cumulative 6 Months Ended Finance cost Finance cost For consolidation and amalgamation with the conventional banking operations, income from Islamic Banking Scheme comprises the following items: Second Quarter Ended Cumulative 6 Months Ended 87
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A40. The Operations of Islamic Banking Scheme (contʼd.) A40b. 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Group RM'000 RM'000 RM'000 RM'000 Profit for the financial period 848,708 726,731 1,585,207 1,491,498 Other comprehensive income/(loss): Items that may be reclassified subsequently to profit or loss: Net (loss)/gain on foreign exchange translation (558) 2,787 (361) 3,144 Net gain/(loss) on financial investments at fair value through other comprehensive income 51,396 99,031 (106,902) 123,178 - Net gain/(loss) from change in fair value 101,176 121,048 (99,560) 157,381 - Changes in expected credit losses (25,498) 7,035 (31,237) 3,569 - Income tax effect (24,282) (29,052) 23,895 (37,772) 50,838 101,818 (107,263) 126,322 Other comprehensive income/(loss) for the financial period, net of tax 50,838 101,818 (107,263) 126,322 Total comprehensive income for the financial period 899,546 828,549 1,477,944 1,617,820 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Unaudited Statements of Comprehensive Income for the Financial Half Year Ended 30 June 2026 Second Quarter Ended Cumulative 6 Months Ended 88
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A40. The Operations of Islamic Banking Scheme (contʼd.) A40c. Unaudited Statement of Financial Position as at 30 June 2026 30 June 31 December 2026 2025 Group Note RM'000 RM'000 ASSETS Cash and short-term funds 20,480,075 18,919,885 Deposits and placements with banks and other financial institutions 367,063 4,668,171 Financial assets purchased under resale agreements 2,004,107 2,553,228 Financial investments at fair value through profit or loss 1,926,942 1,685,011 Financial investments at fair value through other comprehensive income 14,614,690 15,506,334 Financial investments at amortised cost 17,695,809 14,348,351 Financing and advances A40e 288,430,135 275,699,184 Derivative assets 1,066,686 963,038 Other assets 3,258,229 4,919,670 Statutory deposit with central banks 2,236,966 2,192,333 Property, plant and equipment 238 277 Intangible assets 11,219 - Right-of-use assets 2,502 3,170 Deferred tax assets 361,330 327,522 Total Assets 352,455,991 341,786,174 LIABILITIES Customersʼ funding: - Deposits from customers A40f 247,192,487 245,558,580 - Investment accounts of customers1 A40g 35,180,407 33,909,533 Deposits and placements from financial institutions 37,520,471 23,356,869 Obligations on financial assets sold under repurchase agreements 1,566,844 1,829,680 Bills and acceptances payable 112,934 54,494 Derivative liabilities 614,140 1,356,308 Other liabilities 1,930,692 2,258,329 Provision for taxation and zakat 36,437 92,344 Term funding A40h 5,046,013 10,575,944 Subordinated sukuk A40i 3,024,815 3,024,604 Capital securities A40j 1,002,087 1,002,217 Financial liabilities at fair value through profit or loss 17,184 - Total Liabilities 333,244,511 323,018,902 ISLAMIC BANKING CAPITAL FUNDS Islamic Banking Funds 14,688,443 14,688,443 Retained profits 3,507,902 3,014,818 Other reserves 1,015,135 1,064,011 19,211,480 18,767,272 Total liabilities and Islamic Banking Capital Funds 352,455,991 341,786,174 Restricted investment accounts managed by the Group A40g 43,002,790 48,309,416 TOTAL ISLAMIC BANKING ASSETS OWNED AND MANAGED BY THE GROUP 395,458,781 390,095,590 COMMITMENTS AND CONTINGENCIES 150,247,068 146,130,956 1 Investment accounts of customers are used to fund financing and advances as disclosed in Note A40e. (Incorporated in Malaysia) MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) 89
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A40. The Operations of Islamic Banking Scheme (contʼd.) A40d. Unaudited Statements of Changes in Islamic Banking Capital Funds for the Financial Half Year Ended 30 June 2026 Fair Value Equity Through Other contribution Islamic Comprehensive Exchange from Distributable Banking Regulatory Income Fluctuation the holding Retained Group Funds Reserve Reserve Reserve Company1 Profits Total RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 14,688,443 525,253 533,139 3,922 1,697 3,014,818 18,767,272 Profit for the financial period - - - - - 1,585,207 1,585,207 Other comprehensive loss - - (106,902) (361) - - (107,263) Net loss on foreign exchange translation - - - (361) - - (361) Net loss on financial investments at fair value through other comprehensive income - - (106,902) - - - (106,902) Total comprehensive (loss)/income for the financial period - - (106,902) (361) - 1,585,207 1,477,944 Transfer to conventional banking operations - - - - - (10,092) (10,092) Transfer to regulatory reserve - 58,387 - - - (58,387) - Dividends paid - - - - - (1,023,644) (1,023,644) At 30 June 2026 14,688,443 583,640 426,237 3,561 1,697 3,507,902 19,211,480 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) <------------------ Non-distributable ------------------> 1 This equity contribution reserve from the holding company is pertaining to waiver of intercompany balances between respective subsidiaries and its holding company. 90
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A40. The Operations of Islamic Banking Scheme (contʼd.) A40d. Unaudited Statements of Changes in Islamic Banking Capital Funds for the Financial Half Year Ended 30 June 2026 (contʼd.) Fair Value Equity Through Other contribution Islamic Comprehensive Exchange from Distributable Banking Regulatory Income Fluctuation the holding Retained Group Funds Reserve Reserve Reserve Company1 Profits Total RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 12,579,879 604,236 354,982 (1,459) 1,697 2,922,948 16,462,283 Profit for the financial period - - - - - 1,491,498 1,491,498 Other comprehensive income - - 123,178 3,144 - - 126,322 Net gain on foreign exchange translation - - - 3,144 - - 3,144 Net gain on financial investments at fair value through other comprehensive income - - 123,178 - - - 123,178 Total comprehensive income for the financial period - - 123,178 3,144 - 1,491,498 1,617,820 Issue of ordinary shares 1,372,894 - - - - - 1,372,894 Transfer to conventional banking operations - - - - - (11,712) (11,712) Transfer from regulatory reserve - (136,431) - - - 136,431 - Dividends paid - - - - - (1,525,438) (1,525,438) At 30 June 2025 13,952,773 467,805 478,160 1,685 1,697 3,013,727 17,915,847 (Incorporated in Malaysia) <------------------ Non-distributable ------------------> 1 This equity contribution reserve from the holding company is pertaining to waiver of intercompany balances between respective subsidiaries and its holding company. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) 91
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A40. The Operations of Islamic Banking Scheme (contʼd.) A40e. Financing and Advances 30 June 31 December 2026 2025 Group RM'000 RM'000 Financing and advances*: (A) Financing and advances at fair value through other comprehensive income 3,342,347 2,476,689 (B) Financing and advances at amortised cost 345,379,419 332,221,193 348,721,766 334,697,882 Unearned income (56,312,728) (55,448,879) Gross financing and advances 292,409,038 279,249,003 Allowances for impaired financing and advances: - Stage 1 - 12-month ECL (739,730) (778,242) - Stage 2 - Lifetime ECL not credit impaired (1,796,597) (1,598,131) - Stage 3 - Lifetime ECL credit impaired (1,442,576) (1,173,446) Net financing and advances 288,430,135 275,699,184 * The gross exposure of the financing funded by Investment Accounts of customers (“IA”) as at 30 June 2026 was RM35,180.4 million (31 December 2025: RM33,909.5 million). MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) As at 30 June 2026, the financing and advances funded by RPSIA amounting to RM37,320.0 million (31 December 2025: RM42,217.1 million) was recorded off-balance sheet under the operations of IBS. 92
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A40. The Operations of Islamic Banking Scheme (contʼd.) A40e. Financing and Advances (contʼd.) Total Al-Ijarah Financing Thumma Al-Bai and Group Bai'1 Murabahah Musharakah (“AITAB”)2 Ijarah3 Others Advances As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Cashline - 8,029,408 - - - 1 8,029,409 Term financing: - Housing financing 8,800,609 127,517,812 1,082,353 - - 161 137,400,935 - Syndicated financing - 4,538,810 - - - - 4,538,810 - Hire purchase receivables - 12,919,351 - 56,744,328 - - 69,663,679 - Lease receivables - - - - 3,312,404 - 3,312,404 - Other term financing 2,426,627 102,193,005 265,109 - - 35,628 104,920,369 Trust receipts - 66,950 - - - - 66,950 Claims on customers under acceptance credits - 6,883,178 - - - - 6,883,178 Staff financing 170,602 3,494,336 4,141 110,973 - 67,071 3,847,123 Credit card receivables - - - - - 3,050,085 3,050,085 Revolving credit - 6,963,244 - - - - 6,963,244 Share margin financing - 42,946 - - - - 42,946 Financing to: - Directors of the Bank - 2,242 - 352 - 40 2,634 11,397,838 272,651,282 1,351,603 56,855,653 3,312,404 3,152,986 348,721,766 Unearned income (56,312,728) Gross financing and advances4 292,409,038 Allowances for financing and advances: - Stage 1 - 12-month ECL (739,730) - Stage 2 - Lifetime ECL not credit impaired (1,796,597) - Stage 3 - Lifetime ECL credit impaired (1,442,576) Net financing and advances 288,430,135 1 Bai' comprises of Bai'-Bithaman Ajil, Bai' Al-Inah and Bai'-Al-Dayn Al-Sila'. 2 The Group is the owner of the asset. The ownership of an asset will be transferred to the customer via sale at the end of the Ijarah financing. 3 4 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) The Group is the owner of the asset. The ownership of an asset will be transferred to the customer at the end of the Ijarah financing subject to the customerʼs execution of the purchase option. Included in financing and advances are the underlying assets under the IA. 93
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A40. The Operations of Islamic Banking Scheme (contʼd.) A40e. Financing and Advances (contʼd.) Total Al-Ijarah Financing Thumma Al-Bai and Group Bai'1 Murabahah Musharakah (“AITAB”)2 Ijarah3 Others Advances As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 Cashline - 7,978,371 - - - - 7,978,371 Term financing: - Housing financing 9,169,779 122,921,277 1,136,509 - - - 133,227,565 - Syndicated financing - 2,917,239 - - - - 2,917,239 - Hire purchase receivables - 10,671,358 - 58,319,627 - - 68,990,985 - Lease receivables - - - - 3,304,942 - 3,304,942 - Other term financing 2,815,691 93,814,688 296,560 - - 64,409 96,991,348 Trust receipts - 134,731 - - - - 134,731 Claims on customers under acceptance credits - 7,483,030 - - - - 7,483,030 Staff financing 181,530 3,446,662 4,441 125,502 - 68,000 3,826,135 Credit card receivables - - - - - 2,942,192 2,942,192 Revolving credit - 6,852,663 - - - - 6,852,663 Share margin financing - 46,117 - - - - 46,117 Financing to: - Directors of the Bank - 2,347 - 152 - 65 2,564 12,167,000 256,268,483 1,437,510 58,445,281 3,304,942 3,074,666 334,697,882 Unearned income (55,448,879) Gross financing and advances4 279,249,003 Allowances for financing and advances: - Stage 1 - 12-month ECL (778,242) - Stage 2 - Lifetime ECL not credit impaired (1,598,131) - Stage 3 - Lifetime ECL credit impaired (1,173,446) Net financing and advances 275,699,184 1 Bai' comprises of Bai' Bithaman Ajil, Bai' Al-Inah and Bai' Al-Dayn Al-Sila'. 2 The Group is the owner of the asset. The ownership of an asset will be transferred to the customer via sale at the end of the Ijarah financing. 3 4 Included in financing and advances are the underlying assets under the IA. The Group is the owner of the asset. The ownership of an asset will be transferred to the customer at the end of the Ijarah financing subject to the customerʼs execution of the purchase option. (Incorporated in Malaysia) MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) 94
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A40. The Operations of Islamic Banking Scheme (contʼd.) A40e. Financing and Advances (contʼd.) (i) Movements in the impaired financing and advances (“impaired financing”) are as follows: 30 June 31 December 2026 2025 Group RM'000 RM'000 At 1 January 3,695,441 2,863,158 Impaired during the financial period 1,322,019 2,496,670 Reclassified as non-impaired (256,554) (264,870) Amount recovered (286,563) (519,880) Amount written-off (408,237) (879,637) Gross impaired financing and advances at 30 June 2026/31 December 2025 4,066,106 3,695,441 Less: Stage 3 - Lifetime ECL credit impaired (1,442,576) (1,173,446) Net impaired financing and advances at 30 June 2026/31 December 2025 2,623,530 2,521,995 Calculation of ratio of net impaired financing (excluding financing funded by IA): Gross impaired financing and advances 4,066,106 3,695,441 Less: Stage 3 - Lifetime ECL credit impaired (1,442,576) (1,173,446) Net impaired financing and advances 2,623,530 2,521,995 Gross financing and advances 257,228,631 245,339,470 Less: Allowances for impaired financing and advances at amortised cost and at fair value through other comprehensive income (4,267,204) (3,868,870) Net financing and advances 252,961,427 241,470,600 Ratio of net impaired financing and advances 1.04% 1.04% MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 95
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A40. The Operations of Islamic Banking Scheme (contʼd.) A40e. Financing and Advances (contʼd.) (ii) Movements in the allowances for impairment losses on financing and advances are as follows: At fair value through other comprehensive income Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Group ECL impaired impaired Total As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 4,591 31,203 283,257 319,051 Net remeasurement of allowances (566) - (3,034) (3,600) New financial assets originated or purchased 4,418 - - 4,418 Financial assets derecognised - (31,203) - (31,203) Changes in models/risk parameters (367) - - (367) Exchange differences 2 - - 2 At 30 June 2026 8,078 - 280,223 288,301 Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Group ECL impaired impaired Total As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 6,258 25,775 - 32,033 Net remeasurement of allowances 662 30 283,257 283,949 New financial assets originated or purchased 4,418 13,302 - 17,720 Financial assets derecognised (5,476) (229) - (5,705) Changes in models/risk parameters (1,239) (7,658) - (8,897) Exchange differences (32) (17) - (49) At 31 December 2025 4,591 31,203 283,257 319,051 At amortised cost Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Group ECL impaired impaired Total As at 30 June 2026 RM'000 RM'000 RM'000 RM'000 At 1 January 2026 778,242 1,598,131 1,173,446 3,549,819 Transferred to Stage 1 140,163 (133,561) (6,602) - Transferred to Stage 2 (22,475) 81,481 (59,006) - Transferred to Stage 3 (4,911) (95,854) 100,765 - Net remeasurement of allowances (174,343) 368,079 681,062 874,798 New financial assets originated or purchased 122,366 40,302 - 162,668 Financial assets derecognised (66,001) (39,387) - (105,388) Changes in models/risk parameters (31,746) (22,074) (38,195) (92,015) Amount written-off - - (408,237) (408,237) Exchange differences (1,565) (520) (657) (2,742) At 30 June 2026 739,730 1,796,597 1,442,576 3,978,903 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 96
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A40. The Operations of Islamic Banking Scheme (contʼd.) A40e. Financing and Advances (contʼd.) (ii) Movements in the allowances for impairment losses on financing and advances are as follows (contʼd.): At amortised cost (contʼd.) Stage 1 Stage 2 Stage 3 Lifetime ECL Lifetime ECL 12-month not credit credit Group ECL impaired impaired Total As at 31 December 2025 RM'000 RM'000 RM'000 RM'000 At 1 January 2025 545,845 1,737,715 1,305,982 3,589,542 Transferred to Stage 1 166,903 (147,628) (19,275) - Transferred to Stage 2 (33,714) 93,007 (59,293) - Transferred to Stage 3 (10,098) (114,219) 124,317 - Net remeasurement of allowances 39,535 17,330 701,081 757,946 New financial assets originated or purchased 157,773 89,711 - 247,484 Financial assets derecognised (67,603) (104,507) - (172,110) Changes in models/risk parameters (19,739) 27,193 (41) 7,413 Amount written-off - - (879,637) (879,637) Exchange differences (660) (471) 312 (819) At 31 December 2025 778,242 1,598,131 1,173,446 3,549,819 A40f. Deposits from Customers 30 June 31 December 2026 2025 Group RM'000 RM'000 Savings deposits Murabahah 30,564,116 29,411,430 Qard 1,547,335 1,458,225 32,111,451 30,869,655 Demand deposits Murabahah 44,296,728 41,670,889 Qard 5,407,581 3,767,704 49,704,309 45,438,593 Term deposits Commodity Murabahah Murabahah 164,050,759 168,397,850 Qard 1,325,968 852,482 165,376,727 169,250,332 Total deposits from customers 247,192,487 245,558,580 A40g. Investment Accounts 30 June 31 December 2026 2025 Group RM’000 RM’000 Investment accounts of customers - Unrestricted investment accounts 35,180,407 33,909,533 Restricted investment accounts managed by the Group1 43,002,790 48,309,416 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) As reported in the Groupʼs statements of financial position, the unrestricted investment accounts (net of intercompany balances) as at 30 June 2026 was RM33,600.3 million (31 December 2025: RM32,783.0 million). 97
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A40. The Operations of Islamic Banking Scheme (contʼd.) A40g. Investment Accounts (contʼd.) (i) Investment accounts are sourced from the following type of customers: Restricted investment Unrestricted accounts investment managed by accounts the Group 1 Mudharabah Mudharabah Group RM’000 RM’000 Business enterprises 17,992,340 - Individuals 12,860,000 - Government and statutory bodies 589,150 - Licensed banks - 42,996,333 Others 3,738,917 6,457 35,180,407 43,002,790 Business enterprises 17,398,739 - Individuals 12,074,122 - Government and statutory bodies 700,310 - Licensed banks - 48,307,667 Others 3,736,362 1,749 33,909,533 48,309,416 (ii) The maturity profile of investment accounts are as follows: Restricted investment Unrestricted accounts investment managed by accounts the Group 1 Mudharabah Mudharabah Group RM’000 RM’000 - Without maturity 29,756,622 - - With maturity Within six months 4,001,563 11,261,361 Six months to one year 1,413,682 2,375,795 One year to three years 7,271 9,669,307 Three years to five years 1,269 19,696,327 5,423,785 43,002,790 Total investment accounts of customers 35,180,407 43,002,790 - Without maturity 29,201,228 - - With maturity Within six months 3,664,210 13,584,543 Six months to one year 1,033,400 585,926 One year to three years 9,508 10,153,114 Three years to five years 1,187 23,985,833 4,708,305 48,309,416 Total investment accounts of customers 33,909,533 48,309,416 As at 31 December 2025 MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) As at 30 June 2026 As at 31 December 2025 As at 30 June 2026 98
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A40. The Operations of Islamic Banking Scheme (contʼd.) A40g. Investment Accounts (contʼd.) (iii) The allocation of investment asset are as follows: Restricted investment Unrestricted accounts investment managed by accounts the Group 1 Mudharabah Mudharabah Group RM’000 RM’000 As at 30 June 2026 Retail financing 33,555,407 - Non-retail financing 1,625,000 37,319,979 Corporate Sukuk - 5,682,811 35,180,407 43,002,790 Retail financing 32,159,533 - Non-retail financing 1,750,000 42,217,085 Corporate Sukuk - 6,092,331 33,909,533 48,309,416 (iv) Profit sharing ratio and rate of return are as follows: Average profit Average rate sharing ratio of return Group (%) (%) As at 30 June 2026 Investment accounts of customers - Unrestricted investment accounts - Mudharabah 34.19 1.41 Restricted investment accounts managed by the Group1 88.10 3.81 Investment accounts of customers - Unrestricted investment accounts - Mudharabah 35.49 1.53 Restricted investment accounts managed by the Group1 85.47 4.13 1 (Co. Reg. No.: 196001000142) As at 31 December 2025 As at 31 December 2025 Investment account holder (“IAH”) (Incorporated in Malaysia) MALAYAN BANKING BERHAD Included in the restricted investment accounts managed by the Group is an arrangement between MIB with the Bank and with the third party where MIB acts as an investment agent to manage and administer the restricted investment accounts amounting to RM42,996.3 million and RM6.5 million (31 December 2025: RM48,307.7 million and RM1.7 million) respectively. The amount of restricted investment accounts managed by MIB are disclosed net of any impairment allowances required on the underlying financial assets funded by the restricted investment accounts. 99
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A40. The Operations of Islamic Banking Scheme (contʼd.) A40h. Term Funding 30 June 31 December 2026 2025 Group RM'000 RM'000 Unsecured term funding: (i) Commercial Papers - Less than one year - 7,472,452 (ii) Medium Term Notes - More than one year 5,046,013 2,003,796 (iii) Term funding - More than one year (Note (a)) - 1,099,696 Total term funding 5,046,013 10,575,944 A40i. Subordinated Sukuk 30 June 31 December 2026 2025 Group RM'000 RM'000 RM1.0 billion Islamic subordinated Sukuk Murabahah due in 2031 - 1,011,044 RM1.0 billion Islamic subordinated Sukuk Murabahah due in 2034 1,009,566 1,009,677 RM1.0 billion Islamic subordinated Sukuk Murabahah due in 2035 1,004,088 1,003,883 RM1.0 billion Islamic subordinated Sukuk Murabahah due in 2036 1,011,161 - 3,024,815 3,024,604 A40j. Capital Securities 30 June 31 December 2026 2025 Group RM'000 RM'000 RM1.0 billion 4.76% Additional Tier 1 Sukuk Wakalah 1,002,087 1,002,217 Note (a): Term funding related to amounts received by the Bank under a government financing scheme introduced as part of the Government's support measures in response to the COVID-19 pandemic. The funding was provided for the purpose of financing eligible SMEs at concessionary rates and supporting COVID-19-related relief measures. The facility had a six-year maturity and was fully repaid upon maturity on 17 June 2026. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 100
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Part B: B1. Performance Review (i) Current Period-to-Date vs Previous Corresponding Period-to-Date MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Explanatory Notes Pursuant to Appendix 9B of the Listing Requirements of Bursa Malaysia Securities Berhad The Group posted profit after tax and zakat attributable to equity holders of RM5,171.0 million for the six-month financial period ended 30 June 2026, a decrease of RM45.9 million or 0.9% as compared to the previous corresponding six- month financial period ended 30 June 2025. The Group’s net interest income and Islamic Banking income for the six-month financial period ended 30 June 2026 increased by RM172.6 million or 1.6% to RM10,842.2 million as compared to the previous corresponding six-month financial period ended 30 June 2025. The Groupʼs insurance/takaful service result decreased by RM188.1 million or 21.7% to RM677.9 million for the six-month financial period ended 30 June 2026 as compared to the previous corresponding six-month financial period ended 30 June 2025. Other operating income of the Group for the six-month financial period ended 30 June 2026 was RM4,041.4 million, a decrease of RM737.4 million or 15.4% from RM4,778.8 million in the previous corresponding six-month financial period ended 30 June 2025. The decrease was mainly due to higher unrealised mark-to-market loss on revaluation of financial investments at FVTPL of RM1,797.7 million, lower gain on foreign exchange of RM1,218.0 million, lower gain on disposal of financial investments at FVOCI of RM413.7 million, unrealised mark-to-market loss on revaluation of financial assets designated upon initial recognition at FVTPL of RM167.2 million for the six-month financial period ended 30 June 2026 as compared to unrealised gain of RM231.2 million in the previous corresponding six-month financial period ended 30 June 2025, and unrealised mark-to-market loss on revaluation of financial liabilities at FVTPL of RM78.4 million for the six-month financial period ended 30 June 2026 as compared to unrealised gain of RM298.2 million in the previous corresponding six-month financial period ended 30 June 2025. The decreases were, however, moderated by unrealised mark-to-market gain on revaluation of derivatives of RM2,129.7 million as compared to unrealised loss of RM505.4 million in the previous corresponding six-month financial period ended 30 June 2025, and higher gain on disposal of financial assets at FVTPL of RM793.7 million. The Groupʼs overhead expenses for the six-month financial period ended 30 June 2026 recorded a decrease of RM293.3 million or 3.9% to RM7,234.7 million as compared to the previous corresponding six-month financial period ended 30 June 2025. The decrease in overhead expenses was mainly due to lower personnel expenses of RM292.9 million, lower administration and general expenses of RM91.6 million, and lower marketing expenses of RM66.0 million. The decreases were, however, moderated by higher establishment costs of RM157.3 million. The Groupʼs net allowances for impairment losses on loans, advances, financing and other debts improved by RM9.4 million or 1.2% to RM798.2 million as compared to the previous corresponding six-month financial period ended 30 June 2025. The Group recorded net writeback for impairment losses on financial investments of RM338.1 million for the six-month financial period ended 30 June 2026 as compared to net allowances of RM65.2 million in the previous corresponding six-month financial period ended 30 June 2025. 101
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B1. Performance Review (contʼd.) (i) Current Period-to-Date vs Previous Corresponding Period-to-Date (contʼd.) a) b) Group Corporate & Commercial Banking and Global Markets Group Corporate & Commercial Banking and Global Marketsʼ profit before taxation and zakat decreased by RM843.7 million to RM3,195.1 million for the financial period ended 30 June 2026 from RM4,038.7 million for the previous corresponding financial period ended 30 June 2025. The decrease was mainly due lower other operating income of RM962.8 million, net allowances of impairment losses on loans, advances, financing and other debts of RM205.2 million from net writeback of RM124.4 million and lower share of profits in associates and joint ventures of RM144.6 million. The decreases were, however, offset by net writeback for impairment losses on financial investments and other financial assets of RM350.0 million from net allowances of RM101.9 million, lower overhead expenses of RM82.9 million and higher net interest income and income from IBS operations of RM58.6 million. The Group’s profit before taxation and zakat the six-month financial period ended 30 June 2026 compared to the previous corresponding financial period ended 30 June 2025 is further segmented based on the operating segments of the Group as follows: MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) Group Investment Banking Group Community Financial Services (“Group CFS”) Group CFSʼs profit before taxation and zakat increased by RM850.5 million to RM3,063.7 million for the financial period ended 30 June 2026 from RM2,213.2 million for the previous corresponding financial period ended 30 June 2025. The increase was mainly due to lower net allowances for impairment losses on loans, advances, financing and other debts of RM332.4 million, higher other operating income of RM246.2 million, lower overhead expenses of RM242.1 million, net writeback for impairment losses on financial investments and other financial assets of RM15.8 million from net allowances of RM0.7 million and higher net interest income and income from IBS operations of RM13.3 million. Group Global Banking (Incorporated in Malaysia) Group Investment Bankingʼs profit before taxation and zakat increased by RM224.7 million to RM418.5 million for the financial period ended 30 June 2026 from RM193.8 million for the previous corresponding financial period ended 30 June 2025. The increase was mainly due to higher other operating income of RM276.2 million, net writeback of impairment losses on loans, advances, financing and other debts of RM5.8 million from net allowances of RM0.7 million, higher net interest income and income from IBS operations of RM5.4 million and net writeback for impairment losses on other financial assets of RM0.5 million from net allowances of RM2.8 million. The increases were, however, offset by higher overhead expenses of RM66.4 million and lower share of profits in associates and joint ventures of RM0.3 million. 102
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B1. Performance Review (contʼd.) (i) Current Period-to-Date vs Previous Corresponding Period-to-Date (contʼd.) c) (ii) Current Quarter vs Previous Period Corresponding Quarter The Groupʼs insurance/takaful service result decreased by RM86.5 million to RM308.0 million as compared to the previous period corresponding quarter ended 30 June 2025. Group Asset Management Group Insurance and Takaful profit before taxation and zakat increased by RM72.3 million to RM634.6 million for the financial period ended 30 June 2026 from RM562.3 million for the previous corresponding financial period ended 30 June 2025. The increase was mainly contributed by higher other operating income of RM286.7 million and lower overhead expenses of RM33.4 million. These were, however, moderated by lower insurance/takaful service result of RM188.6 million, higher net insurance/takaful investment/finance result of RM32.9 million, lower net interest income of RM21.4 million and net allowances for impairment losses on financial investments and other financial assets of RM4.6 million from net writeback of RM0.4 million. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) The Group’s net interest income and Islamic Banking income for the quarter ended 30 June 2026 increased by RM5.0 million or 0.1% to RM5,387.9 million as compared to the previous period corresponding quarter ended 30 June 2025. The Group’s profit before taxation and zakat the six-month financial period ended 30 June 2026 compared to the previous corresponding financial period ended 30 June 2025 is further segmented based on the operating segments of the Group as follows (contʼd.): Group Global Banking (contʼd.) Group Asset Management recorded loss before taxation and zakat of RM1.3 million for the financial period ended 30 June 2026 from profit before taxation and zakat of RM5.4 million for the previous corresponding financial period ended 30 June 2025. The decrease was mainly due to lower net writeback for impairment losses on financial investments and other financial assets of RM11.5 million and lower net interest income of RM0.2 million. These were, however, moderated by higher other operating income of RM3.6 million and lower overhead expenses of RM1.3 million. Group Insurance and Takaful The Group posted profit after tax and zakat attributable to equity holders of RM2,690.4 million for the quarter ended 30 June 2026, an increase of RM62.3 million or 2.4% as compared to the previous period corresponding quarter ended 30 June 2025. 103
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B1. Performance Review (contʼd.) (ii) Current Quarter vs Previous Period Corresponding Quarter (contʼd.) (Co. Reg. No.: 196001000142) The Group's net allowances for impairment losses on loans, advances, financing and other debts decreased by RM109.9.9 million as compared to the previous period corresponding quarter ended 30 June 2025. Group Community Financial Services (“Group CFS”) Group CFS’s profit before taxation and zakat increased by RM246.9 million to RM1,232.2 million for the quarter ended 30 June 2026 from RM985.4 million for the previous period corresponding quarter ended 30 June 2025. The increase was mainly due to higher other operating income of RM197.2 million, lower overhead expenses of RM113.2 million and net writeback for impairment losses on financial investments and other financial assets of RM15.9 million from net allowances of RM0.1 million. The increases were, however, moderated by lower net interest income and income from IBS operations of RM45.9 million and net allowances for impairment losses on loans, advances, financing and other debts of RM33.6 million. The Group recorded net writeback for impairment losses on financial investments of RM62.4 million for the quarter ended 30 June 2026 as compared to net allownaces of RM43.2 million for the previous period corresponding quarter ended 30 June 2025. (Incorporated in Malaysia) The Groupʼs overhead expenses for the quarter ended 30 June 2026 recorded a decrease of RM95.9 million or 2.5% to RM3,689.1 million as compared to the previous period corresponding quarter ended 30 June 2025. The decrease in overhead expenses was mainly due to lower personnel expenses of RM156.4 million, lower marketing expenses of RM34.9 million, and lower administration and general expenses of RM14.2 million. The decreases were, however, offset by higher establishment costs of RM109.6 million. The Group’s profit before taxation and zakat for the quarter ended 30 June 2026 compared to the previous period corresponding quarter ended 30 June 2025 is further segmented based on the operating segments of the Group as follows: MALAYAN BANKING BERHAD The Groupʼs other operating income increased by RM250.2 million to RM2,929.1 million for the quarter ended 30 June 2026 as compared to the previous period corresponding quarter ended 30 June 2025. The increase was mainly due to unrealised mark-to-market gain on revaluation of derivatives of RM2,134.3 million for the quarter ended 30 June 2026 as compared to unrealised loss of RM1,457.9 million for the previous period corresponding quarter ended 30 June 2025, and higher gain on disposal of financial assets at FVTPL of RM630.4 million. The increases were, however, moderated by, unrealised mark-to-market loss on revaluation of financial liabilities at FVTPL of RM118.9 million for the quarter ended 30 June 2026 as compared to unrealised gain of RM621.6 million for the previous period corresponding quarter ended 30 June 2025, lower net foreign exchange gain of RM565.9 million, unrealised mark-to-market loss on revaluation of financial investments at FVTPL of RM49.2 million for the quarter ended 30 June 2026 as compared to unrealised gain of RM425.1 million for the previous period corresponding quarter ended 30 June 2025, lower net gain on disposal of financial investments at FVOCI of RM433.3 million, and lower realised gain on derivatives of RM355.8 million. 104
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B1. Performance Review (contʼd.) (ii) Current Quarter vs Previous Period Corresponding Quarter (contʼd.) a) b) c) MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) The Group’s profit before taxation and zakat for the quarter ended 30 June 2026 compared to the previous period corresponding quarter ended 30 June 2025 is further segmented based on the operating segments of the Group as follows (contʼd.): Group Global Banking Group Investment Banking Group Investment Bankingʼs profit before taxation and zakat increased by RM187.5 million to RM300.5 million for the quarter ended 30 June 2026 from RM113.0 million for the previous period corresponding quarter ended 30 June 2025. The increase was mainly due to higher other operating income of RM182.8 million, net writeback of impairment losses on loans, advances, financing and other debts of RM25.2 million from net allowances of RM0.6 million, higher net interest income and income from IBS operations of RM23.0 million, net writeback for impairment losses on financial investments and other financial assets of RM0.1 million from net allowances of RM1.0 million. The increases were, however, offset by higher overhead expenses of RM45.0 million and lower share of profits in associates and joint ventures of RM0.2 million. Group Asset Management Group Asset Managementʼs profit before taxation and zakat decreased by RM4.0 million to RM1.3 million for the quarter ended 30 June 2026 from RM5.3 million for the previous period corresponding quarter ended 30 June 2025. The decrease was mainly due to lower net writeback for impairment losses on financial investments and other financial assets of RM11.5 million. The decreases were, however, offset by higher other operating income of RM7.2 million, lower overhead expenses of RM0.3 million. Group Corporate & Commercial Banking and Global Markets Group Corporate & Commercial Banking and Global Marketsʼs profit before taxation and zakat decreased by RM288.0 million to RM1,834.2 million for the quarter ended 30 June 2026 from RM2,122.2 million for the previous period corresponding quarter ended 30 June 2025. The decrease was mainly due to lower other operating income of RM503.8 million, lower share of profits in associates and joint ventures of RM35.6 million and lower net interest income and income from IBS operations of RM15.4 million. The decreases were, however, offset by net writeback for impairment losses on financial investments and other financial assets of RM65.8 million from net allowances of RM62.2 million, net writeback of impairment losses on loans, advances, financing and other debts of RM117.4 million and lower overhead expenses of RM21.3 million. (Incorporated in Malaysia) 105
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B1. Performance Review (contʼd.) (ii) Current Quarter vs Previous Period Corresponding Quarter (contʼd.) B2. Variation of Current Quarter Results Against Preceding Quarter The Group's net allowances for impairment losses on loans, advances, financing and other debts improved by RM171.2 million to RM313.5 million as compared to the preceeding quarter ended 31 March 2026. The Groupʼs profit after tax and zakat attributable to equity holders for the quarter ended 30 June 2026 increased by RM209.7 million to RM2,690.4 million against the preceding quarter ended 31 March 2026 of RM2,480.7 million. The Group recorded an increase of RM143.6 million in overhead expenses to RM3,689.1 million for the quarter ended 30 June 2026 compared to RM3,545.5 million in the preceding quarter ended 31 March 2026. The increase in overhead expenses was mainly due to higher administration and general expenses of RM76.4 million, higher establishment costs of RM50.3 million, and higher personnel expenses of RM33.1 million. The increases were, however, moderated by lower marketing expenses of RM16.1 million. Other operating income of the Group for the quarter ended 30 June 2026 increased by RM1,816.9 million to RM2,929.1 million as compared to RM1,112.2 million in the preceding quarter ended 31 March 2026. The increase was mainly due to lower unrealised mark-to-market loss on revaluation of financial investments at FVTPL of RM2,039.7 million, and higher net gain on disposal of financial assets at FVTPL of RM464.2 million. The increases were, however, moderated by lower unrealised mark-to-market gain on revaluation of derivatives of RM776.8 million. The Groupʼs net writeback of impairment losses on financial investments decreased by RM213.3 million to RM62.4 million as compared to the preceding quarter ended 31 March 2026. The Group’s net interest income and income from Islamic Banking Scheme operations for the quarter ended 30 June 2026 decreased by RM66.3 million to RM5,387.9 million against the preceding quarter ended 31 March 2026 of RM5,454.3 million. The Groupʼs insurance/takaful service result for the quarter ended 30 June 2026 decreased by RM61.8 million to RM308.0 million against the preceding quarter ended 31 March 2026 of RM369.9 million. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) Group Insurance and Takafulʼs profit before taxation and zakat increased by RM66.0 million to RM363.4 million for the quarter ended 30 June 2026 from RM297.3 million for the previous period corresponding quarter ended 30 June 2025. The increase was mainly due to higher other operating income of RM483.8 million and lower overhead expenses of RM6.1 million. The increases were, however, offset by higher net insurance/takaful investment/finance result of RM341.7 million, lower insurance/takaful service result of RM79.3 million, lower net interest income and income from IBS operations of RM3.4 million, net writeback of impairment losses on loans, advances, financing and other debts of RM0.3 million and net writeback for impairment losses on financial investments and other financial assets of RM0.2 million. Group Insurance and Takaful The Group’s profit before taxation and zakat for the quarter ended 30 June 2026 compared to the previous period corresponding quarter ended 30 June 2025 is further segmented based on the operating segments of the Group as follows (contʼd.): (Incorporated in Malaysia) 106
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B3. Prospects B4. Profit Forecast or Profit Guarantee Global GDP growth is expected to moderate to 3.1% in 2026 (2025: 3.4%), reflecting slower growth in China in 2026 of 4.7% (2025: 5.0%) and continued relative underperformance in other major economies, such as the Eurozone and Japan. ASEAN- 6 GDP growth is expected to remain resilient at 5.0% in 2026 (2025: 5.0%), supported by mitigating measures implemented by ASEAN governments to strengthen domestic demand and contain costs, alongside the ongoing AI-driven technology upcycle and continued geostrategic trade diversion and investment relocation trends. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Neither the Group nor the Bank has made any profit forecast or issued any profit guarantee for the financial half year ended 30 June 2026. Indonesia’s GDP growth has been revised upward to 5.3% in 2026 (2025: 5.1%). Growth will be supported by a pickup in government social spending and sustained investment, including capital expenditure by Danantara, industrialisation, and infrastructure development. Supply disruptions arising from the Middle East conflict may place upward pressure on inflation and weigh on fiscal and current account balances. Nonetheless, the economy is expected to be supported by resilient commodity exports. Bank Indonesia is expected to raise its policy rate by a further 25 basis points to 6.00% by end- 2026, while inflation is projected to increase to 3.5% (2025: 1.9%). The Group’s growth priorities remain focused on expanding scalable regional businesses across Islamic finance, wealth management, transactions and payments, and corporate and investment banking. At the same time, the Group will continue to strengthen its foundations through investments in technology, data and AI, while enhancing workforce capabilities, productivity and capital efficiency. Against this backdrop, Malaysia’s economic outlook remains constructive, with full-year 2026 GDP growth projected at 5.3% (2025: 5.2%). The economy is expected to benefit from technology and trade tailwinds, supported by the AI-driven global technology cycle. It is also expected to be supported by favourable terms of trade, driven by stronger energy exports amid higher commodity prices following developments in the Middle East. Bank Negara Malaysia is expected to maintain the OPR at 2.75% for the remainder of the year, while inflation is projected to remain moderate at 2.0% (2025: 1.4%). Singapore’s GDP growth is expected to strengthen to 5.2% (2025: 5.0%), supported by AI-driven activity, construction demand and low interest rates, which should help cushion the impact of the Middle East conflict. The 3-month Singapore Overnight Rate Average (SORA) is expected to rise to 1.20% by end-2026, driven by strong loan demand and a modest increase in loan-to-deposit ratio (LDR) amid safe-haven inflows. Inflation is projected to increase to 1.7% (2025: 0.9%). The Group's values-based approach remains a key strategic differentiator. Guided by its purpose of Humanising Financial Services, the Group is committed to delivering meaningful outcomes for customers, supporting the real economy, contributing to societal progress and generating sustainable shareholder value. The Group remains cautiously optimistic and will continue to balance responsible growth with prudent management of asset quality, capital and liquidity. Although the direct impact of the Middle East conflict has moderated, potential spillover effects on commodity prices, inflation and external demand may continue to influence regional operating conditions, and the Group remains vigilant to evolving global developments. Anchored by its ROAR30 strategy, the Group will continue to strengthen its core businesses in its home markets while further integrating its regional footprint to better serve clients across the region. 107
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B5. Taxation and Zakat 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Group RM'000 RM'000 RM'000 RM'000 Malaysian income tax 767,440 771,416 1,238,107 1,425,699 Foreign income tax 140,610 148,903 295,579 261,613 Less: Double taxation relief (28,301) (68,378) (77,238) (83,133) 879,749 851,941 1,456,448 1,604,179 Under/(over) provision in respect of prior period: Malaysian income tax - - 1,041 36,223 Foreign income tax 331 955 3,900 (4,020) 880,080 852,896 1,461,389 1,636,382 Deferred tax - Relating to origination and reversal of temporary differences (34,281) (70,925) 94,830 67,556 Tax expense for the financial period 845,799 781,971 1,556,219 1,703,938 Zakat 23,447 27,335 55,545 56,137 869,246 809,306 1,611,764 1,760,075 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Bank RM'000 RM'000 RM'000 RM'000 Malaysian income tax 337,414 425,748 452,154 762,791 Foreign income tax 32,798 79,371 86,155 98,933 Less: Double taxation relief (28,301) (68,378) (77,238) (83,133) 341,911 436,741 461,071 778,591 Deferred tax - Relating to origination and reversal of temporary differences (20,501) (40,183) 127,333 56,816 Tax expense for the financial period 321,410 396,558 588,404 835,407 Zakat 2,279 418 2,279 418 323,689 396,976 590,683 835,825 Second Quarter Ended Cumulative 6 Months Ended The Groupʼs effective tax rate for the financial half year ended 30 June 2026 was lower than the statutory tax rate due to the effects of lower tax rates in other tax jurisdictions and certain income not subject to tax. Second Quarter Ended Cumulative 6 Months Ended Domestic income tax for the Group and the Bank are calculated at the Malaysian statutory tax rate of 24% of the estimated chargeable profit for the financial period. Taxation for foreign entities in other jurisdictions is calculated at the rates prevailing in the respective jurisdictions. The Bank's effective tax rate for the financial half year ended 30 June 2026 was lower than the statutory tax rate due to the effects of certain income not subject to tax. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) The analysis of the tax expense for the financial half year ended 30 June 2026 are as follows: 108
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B6. Status of Corporate Proposals Announced but Not Completed B7. B8. B9. Derivative Financial Instruments B10. Changes in Material Litigation B11. Dividend MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) Please refer to Note A36. As announced on the Bursa Malaysia website on 3 August 2026, Maybank entered into an Implementation Agreement with Ageas Insurance International NV ("Ageas") for the proposed acquisition (via its wholly-owned subsidiary, Etiqa International Holdings Sdn. Bhd. ("EIHSB")) of 30.95% equity interest, consisting of 78,001,229 ordinary shares in Maybank Ageas Holdings Berhad ("MAHB") from Ageas for a consideration of RM4.83 billion, after adjusting for an RM800 million dividend proposed to be paid by MAHB on the completion date, of which Ageas' entitlement is RM248 million ("Proposed Acquisition"). The proceeds raised from the borrowings, issuance of subordinated obligations and capital securities have been used for working capital, general banking and other corporate purposes, as intended. Deposits from Customers, Investment Accounts of Customers, Deposits and Placements from Financial Institutions and Debt Securities Upon completion of the Proposed Acquisition, MAHB will become a wholly-owned subsidiary of Maybank. In conjunction with the completion, Maybank's wholly-owned subsidiary, EIHSB, will receive RM552 million from the dividend proposed to be paid by MAHB on the completion date. The Proposed Acquisition is subject to the prior written approvals of BNM being granted to (i) Maybank; and (ii) all substantial shareholders of Maybank in connection with the Proposed Acquisition. Please refer to Notes A14, A15, A16, A17 and A40g. Status of Utilisation of Proceeds Raised from Corporate Proposal There is no material litigation during the financial half year ended 30 June 2026. Pursuant to Section 8.26 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the interim dividend will be paid no later than three (3) months from the date of declaration. The Board of Directors have also determined that the Dividend Reinvestment Plan will apply to the single-tier first interim dividend in which an electable portion of 5.0 sen per ordinary share can be elected to be reinvested in new ordinary shares and the remaining portion of 26.0 sen per ordinary share will be paid in cash. The Book Closure Date will be announced by the Bank at a later date. The Board of Directors has declared a single-tier first interim dividend in respect of the financial year ending 31 December 2026 of 31.0 sen (30 June 2025: 30.0 sen) per ordinary share. AMENDED 109
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B12. Earnings Per Share (“EPS”) Basic EPS 30 June 30 June 30 June 30 June 2026 2025 2026 2025 Net profit for the financial period attributable to equity holders of the Bank (RM'000) 2,690,362 2,628,029 5,171,020 5,216,886 Weighted average number of ordinary shares in issue ('000) 12,095,327 12,080,843 12,088,216 12,076,169 Basic earnings per share 22.24 sen 21.75 sen 42.78 sen 43.20 sen Diluted EPS By Order of the Board Wan Marzimin Wan Muhammad LS0009924 Company Secretary 27 August 2026 The Group has no dilution in its earnings per ordinary share in the current and the preceding financial period as there are no dilutive potential ordinary shares. Second Quarter Ended Cumulative 6 Months Ended The basic EPS of the Group is calculated by dividing the net profit for the financial period attributable to equity holders of the Bank by the weighted average number of ordinary shares in issue during the financial period. MALAYAN BANKING BERHAD (Co. Reg. No.: 196001000142) (Incorporated in Malaysia) 110