Lloyds Banking Group plc (NYSE:LYG) Q4 2021 Earnings Conference Call February 24, 2022 4:30 AM ET Company Participants Charlie Nunn - Group Chief Executive William Chalmers - CFO Douglas Radcliffe - Head of IR Conference Call Participants Alvaro Serrano - Morgan Stanley Omar Keenan - Credit Suisse Guy Stebbings - BNP Paribas Exane Amandeep Rakkar - Barclays Rohith Chandra-Rajan - Bank of America Merrill Lynch Christopher Cant - Autonomous Research LLP Raul Sinha - JPMorgan Edward Firth - Keefe, Bruyette ...

Lloyds Banking Group plc (NYSE:LYG) Q1 2021 Earnings Conference Call April 28, 2021 4:30 AM ET Company Participants Antonio Horta-Osorio - Executive Director and Group Chief Executive Officer William Chalmers - Executive Director and Chief Financial Officer | --- | |--------------------------------------| | | | Conference Call Participants | | Joseph Dickerson - Jefferies | | Omar Keenan - Credit Suisse | | Rahul Sinha - JPMorgan | | Jonathan Pierce - Numis | | Robin Down - HSBC | | Alvaro Ruiz de Alda - Mo ...

Q1 INTERIM MANAGEMENT STATEMENT Presentation to analysts and investors | 28 April 2021 Classification: Public | --- | |--------------------------------------------| | | | | | Introduction | | | | | | António Horta-Osório Group Chief Executive | 1 Classification: Public Solid business momentum in Q1 with improved economic outlook • Continued support for customers and businesses across our Helping Britain Recover focus areas • Solid financial performance in Q1 as business continues to recover • Balance sheet ...

Form 20-F 2020 Confidential and contains price sensitive information Lloyds Banking Group plc 2020 Annual Report on Form 20-F As filed with the Securities and Exchange Commission on 26 February 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended 31 December 2020 ...

Lloyds Banking Group plc (NYSE:LYG) Full Year 2020 Earnings Conference Call February 24, 2021 4:30 AM ET Company Participants Robin Budenberg – Chairman António Horta-Osório – Executive Director and Group Chief Executive Officer William Chalmers – Executive Director and Chief Financial Officer Conference Call Participants Raul Sinha – JPMorgan Guy Stebbings – Exane BNP Paribas Alvaro Serrano – Morgan Stanley Edward Firth – KBW Andrew Coombs – Citi Chris Cant – Autonomous Aman Rakkar – Barclays Jonathan Pier ...

2020 RESULTS Presentation to analysts and investors | 24 February 2021 Classification: Public | --- | --- | |-----------------------|---------------------------------------------| | Introduction | António Horta-Osório, Group Chief Executive | | Financial Update | William Chalmers, Chief Financial Officer | | Strategic Review 2021 | William Chalmers, Chief Financial Officer | | Q&A | | 1 Classification: Public | --- | |--------------------------------------------| | | | | | Introduction | | | | | | António H ...

Lloyds Banking Group plc (NYSE:LYG) Q3 2020 Earnings Conference Call October 29, 2020 5:30 AM ET Company Participants António Horta-Osório – Executive Director and Group Chief Executive Officer William Chalmers – Executive Director and Chief Financial Officer | --- | --- | |------------------------------------------------------------|-------| | | | | Conference Call Participants | | | Rahul Sinha – J.P. Morgan | | | Aman Rakkar – Barclays | | | Guy Stebbings – Exane | | | Chris Cant – Autonomous | | | Marti ...

Lloyds Banking Group plc (NYSE:LYG) Q2 2020 Earnings Conference Call July 30, 2020 4:30 AM ET Company Participants António Horta-Osório - Executive Director and Group Chief Executive William Chalmers - Executive Director and Chief Financial Officer Conference Call Participants Raul Sinha - JPMorgan Aman Rakkar - Barclays Andrew Coombs - Citi Robert Noble - Deutsche Bank Martin Leitgeb - Goldman Sachs Guy Stebbings - Exane Fahed Kunwar - Redburn Jonathan Pierce - Numis António Horta-Osório Thank you. Good mo ...

| --- | --- | --- | --- | --- | |-------|-------|---------|--------------------------------------------------------|-------| | | | | | | | | | | | | | | | | | | | | | RESULTS | 2020 HALF YEAR | | | | | | Presentation to analysts and investors \| 30 July 2020 | | Classification: Public | --- | --- | |--------------------------------------------|-------| | | | | | | | Introduction | | | | | | António Horta-Osório Group Chief Executive | | 1 Classification: Public Quick response to the crisis with transformati ...

Financial Data and Key Metrics Changes - Pre-provision operating profit decreased by 19% year-on-year to GBP2 billion, with a net interest margin of 279 basis points [24][29] - Statutory profit before tax was GBP74 million, significantly impacted by an impairment charge of GBP1.4 billion [24][25] - The CET1 ratio increased to 14.2%, benefiting from the cancellation of the 2019 dividend [28][19] Business Line Data and Key Metrics Changes - Retail banking granted around 400,000 mortgage holidays and 880,000 payment holidays across various lines [6][9] - Commercial banking supported clients with approximately 37,000 overdrafts and capital repayment holidays [10] - The impairment charge of GBP1.4 billion reflects updated economic assumptions and disruptions due to COVID-19 [32] Market Data and Key Metrics Changes - Economic forecasts for GDP have turned sharply negative, with a base case assumption of a 5% decline in 2020 [13] - Customer activity has significantly decreased since the end of February, impacting financial performance [14] - The loan-to-deposit ratio reduced to 103%, with strong deposit inflows offsetting loan growth [27][44] Company Strategy and Development Direction - The company emphasizes a prudent approach to risk and a focus on prime UK retail business, with over 75% of the loan portfolio secured [18][37] - The multichannel distribution model, including a leading digital bank, is crucial for customer support during the crisis [20][46] - The company aims to adapt its product range and enhance strategic cost advantages in response to the crisis [47] Management's Comments on Operating Environment and Future Outlook - Management acknowledges significant uncertainty in the economic outlook and the potential for further deterioration [14][35] - The company is committed to supporting customers and the UK economy, leveraging its strong balance sheet [12][46] - Future performance will depend on the severity and duration of the economic shock, with a cautious approach to guidance [69] Other Important Information - The company has suspended all headcount reduction programs and committed to paying all staff in full [7] - Enhanced financial support for charitable partners and mental health charities has been implemented [8] - The company has seen a significant increase in digital banking users, with 217,000 new registrations since the end of March [20] Q&A Session Questions and Answers Question: Can you dimension the downside on impairments? - The impairment charge of GBP1.43 billion includes a forward-looking charge of GBP844 million, with the total charge being front-loaded [52][53] Question: How much of the credit allowance is allocated towards the card book versus other portfolios? - The retail charge includes approximately GBP900 million related to unsecured loans, with a significant portion attributed to the unsecured book [55] Question: How much IFRS 9 transitional relief was benefited in Q1? - The IFRS 9 incremental benefit was about three to five basis points, with the overall CET1 element being around 20 to 30 basis points [63] Question: What is the coverage on Stage 2 loans? - The coverage on Stage 2 loans is not disclosed separately, as it is included in the overall impairment charge [64] Question: How likely is the additional GBP2.1 billion charge to manifest? - The charge is based on economic assumptions, and while the severe downside scenario is considered, the actual impact will depend on future economic conditions [61][62]