Cimb Group Hldgs Bhd Ord

Good afternoon, ladies and gentlemen, and welcome to CME Group's Financial Results Briefing for the first quarter of 2026. Our host today is CME Group CEO, Novan Ameeruddin, and Group CFSO, Khairul Rifai. My name is Steven from the CME IR team. You should have received the latest and latest presentation and financial statements via email from CME Group Investor Relations. Otherwise, you may find the documents in the IR section of our website at cme.com. Please be informed that this briefing is being recorded. Also, please include your name and company on the Teams app to allow us to identify you. All participants' lines are currently on mute and you will have the opportunity to ask questions after the presentation by using the raise hand function. At this juncture, I would like to hand over the briefing to Norman and Cairo.

Norman, over to you. Thank you, Steven.

So it's been a Brazilian first quarter 26 performance for CIMB Group, despite the various headwinds that we saw, whether is it on the geopolitical side or even on FX. If you look at the table on the left-hand side, the year-on-year impact on FX to our group as a result of the depreciating currencies in ASEAN However, despite all these headwinds, I am pleased to announce that it has been a resilient first quarter for us. Operating income is flat at RM5.4 billion when we compare quarter on quarter. The reason for this resilient performance despite Hldgs Bhd Ord Hldgs Bhd Ord Hldgs Bhd Ord On the NII side, there was a quarter-and-quarter decline of about 5%, year-on-year 3.6%, but if we look at it on a constant currency basis, it actually grew by 1.4%. This decline was as a result of a compression in NIM for a group of about two basis coins, but we actually saw expansion in Malaysia, Singapore, and Thailand. Nonetheless, with what we are seeing today, Malaysia, Singapore and Thailand have seen expansion. There is a 50 basis points hike in Indonesia that recently got announced. Based on the current economic situation in each of the markets that we operate in, we are expecting this steam compression to bottom out. With regards to our asset growth, The pipeline remains strong, and we also saw decent, healthy growth in the first quarter. Asset and loans grew 1.1% to 1.3% quarter-on-quarter on a constant currency basis. But more importantly, if you zoom into some of the respective markets, Malaysia, for example, saw loans grow of 5.9%, and Singapore seen loans grow of 3.5%. So when we look at the overall first quarter performance when it comes to income, we see very strong NII. We see NII despite being challenged in the first quarter due to income pressure. That income pressure is falling out and we're seeing Hldgs Bhd Ord Hldgs Bhd Ord Moving down the profit and loss to our operating expenses, I think this is one area where the Group has been relentless on becoming simpler, better and faster throughout the Group as part of Forward 30 and this course discipline is showing. Group Hldgs Bhd Ord Moving now to asset quality, despite the current headwinds that we're seeing, asset quality continues to remain strong. JIL maintains at 1.7%, same level as fourth quarter last year. First quarter, 25, was actually 2.2%. So asset quality continues to remain strong. We do have a limited direct exposure to the Middle East, while we continue to assess very comfortable. We run a lot of scenario analysis on what the potential second or even third order impacts would be. But at this point in time, our portfolio remains strong. Lastly, on capital, this remains robust with CED1 at 14.3%. This is a very important part of our 30. We continue to be very disciplined with our capital allocation. You saw that in November last year when we announced the capital return programme. You saw that just a few weeks ago when we announced the divestment of our CIMB Thai auto loan business. And we continue to be disciplined with regards to capital allocation and we're very, very firm about not growing at all costs. There have been some many opportunities that we have evaluated. We always evaluate opportunities, but we're very disciplined in terms of ensuring that we only will invest and grow at the right price. And this is a discipline that we continue to have. Next page please. So recap of our Forward 30 strategic plan anchored on our purpose of advancing customers and society. It's all about the four Cs. So our capital and resources where we continue to re-allocate to grow. You saw that when we announced the capital plan, you saw that. when we did the divestment of Thai auto business. Our second seed cash, all about building a strong losses franchise to reduce cost of funds. Our third seed, Crossell, all about increasing returns. You saw the strong performance in NOII. And the fourth seed capabilities, just becoming simpler, better, and faster. And you saw them in the reduction of our operating expenses, which led to an improvement of our cost to income ratio. Next page, please. I will now take you through an update on the key areas that we have put on with regards to each of the four Cs in the first quarter. On the capital side, as I mentioned earlier, as well as as we presented during of the Thai auto loan portfolio. We continue with our transformational change to win in Thailand. You saw us exiting that non-cost upscale business. There is an operating model change to sharpen our focus towards wealth and wholesale. The sales proceeds that we get from selling this portfolio will be used to repay high funding costs in Thailand. Part of it will be used to grow the wealth and wholesale segments in Thailand. and the balance that we you know budget this to be about 11 billion Thai baht worth of capital to be returned to the Group. With regards to innovation, we are currently in a pilot together with SCE and Bursa Malaysia to come up with investment options for Shara compliant investors to participate in the Malaysian banking sector. This is something you know that we are working on and hopefully you know we can launch pretty soon. 2. With regards to cash, the whole focus on a franchise and deposit bet strategy has allowed us to reduce our cost of funds 44 basis points And this is really coming from our strong growth in deposits as well as our reduction in LDR. If you look at the chart on the right hand side, this is to show to you why we are confident that we are seeing signs of NIMP bottoming out. I mean if you look at the markets of Malaysia, Singapore and Thailand, it has certainly bottomed out Our third fee, cross-sell. This is something that we continue to push as evident in the growth in the NYI in the first quarter. Fee and commission income is up 4% quarter-to-quarter. Treasury client sales continue to increase. It was up 1% quarter-to-quarter and 2.2% year-on-year. Our wealth AUM year-on-year continue to increase and our number of wealth customers packing We also, during the quarter, announced a strategic partnership with Pan International, who are our partners in Touch & Go today, where we are working on innovations with regards to cross-border payments as well as treasury and liquidity management solutions. This is something that we are quite excited about to announce to the market when this is ready. Our 4C with regards to capabilities, we are relentless on becoming simpler, better, faster and therefore this is clear in the reduction of our overhead expenses which then led to a reduction in our cost of income ratio but not at the expense of investments in technology and data. This continues to be within the 8-9% guidance that we've been providing every year. With that, I will now hand it over to Cairo to dive deeper into our financial performance. Over to you, Cairo.