HSBC Holdings plc 4Q20 Results Opening up a world of opportunity

Presentation to Investors and Analysts

Agenda

Results

FY20 highlights and achievements

Noel Quinn

FY20 and 4Q20 results

Ewen Stevenson

Opening up a world of opportunity

Our Strategy

Noel Quinn

Driving growth in Asia

Peter Wong

Pivot to Wealth

Nuno Matos

Digital Business Services

John Hinshaw

Financial snapshot

Ewen Stevenson

Conclusion

Noel Quinn

Noel Quinn

Group Chief Executive

Results

FY20 highlights

FY20 & 4Q20 results

FY20: A strong base to deliver future growth

Continued support for customers and communities through Covid-19 restrictions

1

>$52bn of wholesale lending support through government schemes and moratoria, with >$26bn of additional relief granted to personal customers1

Profits down, strong balance sheet

2

FY20 reported PBT of $8.8bn, down $4.6bn (34%) vs. FY19; adjusted PBT of $12.1bn down $10.0bn (45%), driven by higher ECL charges and lower revenue

Strong funding, liquidity and capital; CET1 ratio2 of 15.9%

3

DPS of $0.15, to be paid in cash, with no scrip alternative, and policy designed to provide sustainable dividends going forward; transitioning towards a payout ratio of 40-55%3 from 2022

A reconciliation of reported results to adjusted results can be found on slide 55, the remainder of the presentation unless otherwise stated, is presented on an adjusted basis

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HSBC Holdings plc published this content on 23 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 February 2021 04:15:03 UTC.