Standard Chartered Bank (Singapore) Limited Registration Number: C. Pillar 3 Disclosures as at 31 December 2017

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1 Standard Chartered Bank (Singapore) Limited Registration Number: C Pillar 3 Disclosures as at 31 December

2 Contents 1. Capital Adequacy and Leverage Ratio Overview of RWA Credit Risk Credit Quality of Assets (S$ million) Changes in Stock of Defaulted Loans and Debt Securities (S$ million) Credit Risk Exposures and CRM effects (S$ million) Exposures by Asset Classes and Risk Weights (S$ million) Counterparty Credit Risk Analysis of CCR Exposure by Approach (S$ million) CVA Risk Capital Requirements (S$ million) Credit Derivative Exposures (S$ million) Analysis of CCR Exposure by Approach (S$ million) Standardised Approach CCR Exposures by Portfolio and Risk Weights (S$ million) Securitisation Securitisation Exposures in the Banking Book (S$ million) Securitisation Exposures in the Banking Book and associated Regulatory Capital Requirements A Reporting Bank acting as Investor (S$ million) Market Risk under Standardised Approach (S$ million) Composition of Capital Main Features of Capital Instruments Ordinary Shares Non-cumulative Preference Shares Subordinated Notes Macroprudential Supervisory Measures Leverage Ratio Leverage Ratio Summary Comparison Table Leverage Ratio Common Disclosure Template

3 1. Capital Adequacy and Leverage Ratio The table below discloses Standard Chartered Bank (Singapore) Limited s regulatory capital, Capital Adequacy Ratios ( CAR ) and Leverage Ratio. The CAR ratios are above the stipulated regulatory requirements set by the Monetary Authority of Singapore in the MAS Notice 637 ( Notice ). Leverage Ratio is calculated based on the Notice and required to be disclosed from 1 January Standard Chartered Bank (Singapore) Limited CAR Disclosure (in S$ million) 31-Dec Mar 2017 # 30 Jun 2017 # 30 Sep 2017 # 31 Dec 2017 # Common Equity Tier 1 Capital 1,807 1,760 1,760 1,757 1,728 Eligible Tier 1 Capital 1,991 2,002 2,002 1,999 1,967 Total Eligible Capital 2,817 2,829 2,824 2,813 2,778 Total Risk Weighted Asset 14,257 14,188 14,696 14,723 15,275 CAR Common Equity Tier 1 CAR 12.68% 12.41% 11.97% 11.94% 11.31% Tier 1 CAR 13.97% 14.11% 13.62% 13.58% 12.87% Total CAR 19.76% 19.94% 19.22% 19.11% 18.19% Minimum CAR including Buffer Requirements ^ Common Equity Tier 1 CAR 7.13% 7.76% 7.76% 7.76% 7.76% Tier 1 CAR 8.63% 9.26% 9.26% 9.26% 9.26% Total CAR 10.63% 11.26% 11.26% 11.26% 11.26% Leverage Ratio Tier 1 Capital 1,991 2,002 2,002 1,999 1,967 Total Exposures 35,300 36,450 35,424 34,541 34,780 Leverage Ratio 5.6% 5.5% 5.7% 5.8% 5.7% # Unaudited figures. FY2017 year-end figures does not include the Profit for the year pending audit. ^Regulatory minima includes capital conservation buffer of 0.625% and 1.25% from 1 January 2016 and 1 January 2017 respectively. Applicable countercyclical buffer was applied from 1 January Geographical Distribition of RWA relating to Credit Exposures used in the Countercyclical Capital Buffer Country Countryspecific requirement (%) 31-Dec-17 Proportion of relevant Group RWA (%) Applicable countercyclical buffer requirements (%) Applicable countercyclical buffer requirements (%) Hong Kong Norway Sweden 2.00 * * * * Less than 0.1% 2

4 2. Overview of RWA The Bank s RWA and capital requirements is presented in the table below. Overview of RWA (S$ million) a b c Minimum RWA Capital Requirements 31-Dec Sep Dec-17 1 Credit risk (excluding CCR) 13,712 13,171 1,371 2 of which: SA(CR) and SA(EQ) 13,712 13,171 1,371 of which: IRBA and IRBA(EQ) for equity exposures under the 3 PD/LGD method CCR of which: Current Exposure Method of which: CCR internal models method IRBA(EQ) for equity exposures under the simple risk weight method or 7 the IMM Equity investments in funds - look through approach Equity investments in funds - mandate-based approach Equity investments in funds - fall back approach a Equity investment in funds - partial use of an approach Unsettled transactions Securitisation exposures in the banking book of which: IRBA(SE) - RBM and IAM of which: IRBA(SE) - SF of which: SA(SE) Market risk of which: SA(MR) of which: IMA Operational risk 1,273 1, of which: BIA of which: SA(OR) 1,273 1, of which: AMA Amounts below the thresholds for deduction (subject to 250% risk 23 weight) Floor adjustment Total RWA 15,275 14,723 1,527 Increase in RWA is mainly contributed by the increase in exposure in Intra-group lending as well as Wealth Management lending portfolio. 3

5 3. Credit Risk 3.1 Credit Quality of Assets (S$ million) a b c d Gross carrying amount Impairment Defaulted Non-defaulted Net values allowances exposures exposures 1 Loans , ,343 2 Debt securities 0 5, ,069 3 Off-balance sheet exposures 1 11, ,180 4 Total , ,592 Default is defined in accordance with the loan grading guidelines of substandard, doubtful and loss under MAS Notice to Banks Changes in Stock of Defaulted Loans and Debt Securities (S$ million) Amounts Defaulted loans and debt securities at end of the previous semi-annual 1 reporting period 174 Loans and debt securities that have defaulted since the previous semiannual reporting period Returned to non-defaulted status 63 4 Amounts written-off 45 5 Other changes (11) Defaulted loans and debt securities at end of the semi-annual reporting 6 period 180 The slight increase in defaulted loans and bills receivable, and debt securities in H was mainly driven by new defaulted loans and bills receivable that was partially offset by write-offs and recoveries. 3.3 Credit Risk Exposures and CRM effects (S$ million) The effects of CRM on calculation of capital requirements for SA(CR) and SA(EQ) as at 31 Dec 2017 is as below. The RWA density provides a synthetic metric on the riskiness of each portfolio. 4

6 a b c d e f Exposures before CCF and CRM Exposures post-ccf and post-crm RWA and RWA density Asset classes and others On-balance Off-balance On-balance Off-balance sheet amount sheet amount sheet amount sheet amount RWA RWA density 1 Cash Items % 2 Central Governments and Central Banks 4, , % 3 PSE % 4 MDB % 5 Bank 1, , % 6 Corporate 578 1, % 7 Regulatory Retail 4,250 7,227 3, , % 8 Residential Mortgage 17,568 1,569 17,551 1,260 6, % 9 Commercial Real Estate % 10 Equity SA(EQ) % 11 Past due exposures % 12 High-risk categories % 13 Other exposures 1, , , % 14 Total 31,484 11,180 30,958 1,584 13, % Decreased EAD is mainly contributed by the decrease in exposure to Central Government. Whereas, RWA increase is mainly driven by Wealth Management portfolio increase as well as Intra-group lending exposure increase with higher average risk weight. 3.4 Exposures by Asset Classes and Risk Weights (S$ million) The breakdown of credit risk exposures under the SA(CR) and SA(EQ) by asset class and risk weight, corresponding to the level of risk attributed to the exposures are as below. a b c d e f g h i j Risk weight Total credit Asset classes and others 0% 10% 20% 35% 50% 75% 100% 150% Others exposure amount (post-ccf and post- CRM) 1 Cash Items Central Governments and 2 Central Banks 3, ,035 3 PSE MDB Bank , ,897 6 Corporate Regulatory Retail , ,087 8 Residential Mortgage , ,811 9 Commercial Real Estate Equity SA(EQ) Past due exposures High-risk categories Other exposures , , Total 4, ,041 1,229 4,764 2, ,542 Decreased EAD is mainly contributed by the decrease in exposure to Central Government. 5

7 4. Counterparty Credit Risk 4.1 Analysis of CCR Exposure by Approach (S$ million) a b c d e f Replacement cost Potential future exposure Effective EPE α used for computing regulatory EAD EAD (post- CRM) RWA 1 SA-CCR (for derivatives) CCR internal models method (for derivatives and SFTs) 3 FC(SA) (for SFTs) FC(CA) (for SFTs) VaR for SFTs Total CVA Risk Capital Requirements (S$ million) a b EAD (post- CRM) RWA Total portfolios subject to the Advanced CVA capital 1 requirement (i) VaR component (including the three-times multiplier) 0 0 (ii) Stressed VaR component (including the three-times 3 multiplier) 0 0 All portfolios subject to the Standardised CVA capital 4 requirement Total portfolios subject to the CVA risk capital 5 requirement CVA increase is in line with derivative exposure increase due to business migration from SCB group to subsidiary. 4.3 Credit Derivative Exposures (S$ million) a Protection bought b Protection sold Notionals 1 Single-name credit default swaps Index credit default swaps Total return swaps 20-4 Credit options Other credit derivatives Total notionals 20 0 Fair values 7 Positive fair value (asset) 4-8 Negative fair value (liability) 0 - Derivative exposure increased in line with business migration from SCB group to subsidiary. 6

8 4.4 Analysis of CCR Exposure by Approach (S$ million) a b c d e f Replacement cost Potential future exposure Effective EPE α used for computing regulatory EAD EAD (post- CRM) RWA 1 SA-CCR (for derivatives) CCR internal models method (for derivatives and SFTs) 3 FC(SA) (for SFTs) FC(CA) (for SFTs) VaR for SFTs Total Derivative exposure increased in line with business migration from SCB group to subsidiary. 4.5 Standardised Approach CCR Exposures by Portfolio and Risk Weights (S$ million) Breakdown of CCR exposures calculated in accordance with the SA(CR), by regulatory portfolio and risk weight as at 31 Dec 2017 is as below a b c d e f g h i Risk weight Asset classes and others 0% 10% 20% 50% 75% 100% 150% Others Total credit Central Governments and Central Banks PSE MDB Bank Corporate Regulatory Retail Other exposures Total Derivative exposure increased in line with business migration from SCB group to subsidiary. 7

9 5. Securitisation 5.1 Securitisation Exposures in the Banking Book (S$ million) Securitisation exposures in the Banking Book as at 31 Dec 2017 is as below: a b c d e f g h i A Reporting Bank act as originator A Reporting Bank acts as sponsor A Reporting Bank acts as investor Traditional Synthetic Sub-total Traditional Synthetic Sub-total Traditional Synthetic Sub-total 1 Total retail of which: residential mortgage of which: credit card of which: other retail exposures of which: resecuritisation Total wholesale of which: loans to corporates of which: commercial mortgage of which: lease and receivables of which: other wholesale of which: resecuritisation Decrease in securitisation exposure is primarily from amortisation and asset sales. 5.2 Securitisation Exposures in the Banking Book and associated Regulatory Capital Requirements A Reporting Bank acting as Investor (S$ million) a b c d e f g h i j k l m n o p q Exposure values (by risk weight bands) Exposure values (by regulatory approach) RWA (by regulatory approach) Capital charge after cap 20% RW >20% to 50% RW >50% to 100% RW >100% to <1250% RW 1250% RW IRBA(SE) RBM and IAM 1 Total exposures Traditional securitisation of which: securitisation of which: retail underlying of which: wholesale of which: resecuritisation of which: senior of which: non-senior Synthetic securitisation of which: securitisation of which: retail underlying of which: wholesale of which resecuritisation of which: senior of which: non-senior IRBA(SE) - SF SA(SE) 1250% IRBA(SE) RBM and IAM IRBA(SE) - SF SA(SE) 1250% IRBA(SE) RBM and IAM IRBA(SE) - SF SA(SE) 1250% Decrease in securitisation exposure is primarily from amortisation and asset sales which is in line with global portfolio practice. 8

10 6. Market Risk under Standardised Approach (S$ million) The Bank s market risk capital requirement under Standardised Approach as at 31 December 2017 is summarised below (S$million): Market Risk under Standardised Approach (S$ million) RWA Products excluding options 1 Interest rate risk (general and specific) - 2 Equity risk (general and specific) - 3 Foreign exchange risk 4 4 Commodity risk - Options 5 Simplified approach - 6 Delta-plus method - 7 Scenario approach - 8 Securitisation - 9 Total 4 9

11 7. Composition of Capital Reconciliation of Regulatory Capital to (unaudited) Balance Sheet Balance sheet as per S$ million published financial statements 31-Dec-17 Under regulatory scope of consolidation 31-Dec-17 Reference Equity Share capital 1,653 A Redeemable preference shares 300 I Reserves (8) C of which: Cash flow hedge reserve Accumulated profits: 444 Retained earnings 329 B FY2017 Profits/(Loss) pending audit 115 Total equity attributable to owner of the Bank 2,389 Liabilities Deposits from banks - Deposits from non-bank customers 28,940 Structured deposits 14 Derivative financial instruments 85 Bills and drafts payable 84 Amounts due to intermediate holding company and its branches 640 Amounts due to related corporations 31 Other liabilities 287 Current tax payable 44 Subordinated notes G Deferred tax liabilities 5 Total Liabilities 30,914 Assets Cash and balances with central banks 760 Singapore government securities and treasury bills 2,798 Other government securities and treasury bills 402 Debt securities 2,070 Loans and advances to banks 78 Loans and advances to customers 23,870 of which: Provisions eligible for inclusion in T2 Capital 28 H Derivative financial instruments 78 Bills receivable 430 Amounts due from intermediate holding company and its branches 2,248 Amounts due from related corporations 17 Deferred tax assets - Other assets 241 Goodwill and intangible assets 308 of which: Amount related to Goodwill D of which: Amount related to Intangible Assets (excluding MSRs) 23 6 E1 of which: MSRs Property and Equipment 3 Total Assets 33,303 10

12 Capital Components as at 31 December 2017 (S$ million 31-Dec-17 Amounts Amounts subject to Reference Pre-Basel in Table 1 III Treatment Common Equity Tier 1 capital: Instruments and reserves 1 Paid-up ordinary shares and share premium (if applicable) 1,653 A 2 Retained earnings 329 B 3 Accumulated other comprehensive income and other disclosed reserves (8) C 4 Directly issued capital subject to phase out from CET1 (only applicable to non-joint stock companies) - 5 Minority interest that meets criteria for inclusion - 6 Common Equity Tier 1 capital before regulatory adjustments 1,974 Common Equity Tier 1 capital: regulatory adjustments 7 Valuation adjustment pursuant to Part VIII of MAS Notice Goodwill, net of associated deferred tax liability D 9 Intangible assets, net of associated deferred tax liability 23 6 E1 10 Deferred tax assets that rely on future profitability 11 Cash flow hedge reserve 12 Shortfall of TEP relative to EL under IRBA 13 Increase in equity capital resulting from securitisation transactions 14 Unrealised fair value gains/losses on financial liabilities and derivative liabilities arising from changes in own credit risk 15 Defined benefit pension fund assets, net of associated deferred tax liability 16 Investments in own shares 17 Reciprocal cross-holdings in ordinary shares of financial institutions 18 Investments in ordinary shares of unconsolidated financial institutions in which Reporting Bank does not hold a major stake 19 Investments in ordinary shares of unconsolidated major stake companies in which the Reporting Bank holds a major stake (including insurance subsidiaries) (amount above 10% threshold) 20 Mortgage servicing rights (amount above 10% threshold) 21 Deferred tax assets arising from temporary differences (amount above 10% threshold, net of related tax liability) 22 Amount exceeding the 15% threshold 23 of which: investments in ordinary shares of unconsolidated financial institutions in which the Reporting Bank holds a major stake (including insurance subsidiaries) 24 of which: mortgage servicing rights 25 of which: deferred tax assets arising from temporary differences 26 National specific regulatory adjustments 26A PE/VC investments held beyond the relevant holding periods set out in MAS Notice B Capital deficits in subsidiaries and associates that are regulated financial institutions 26C Any other items which the Authority may specify 27 Regulatory adjustments applied in calculation of CET1 Capital due to insufficient AT1 Capital to satisfy required deductions 28 Total regulatory adjustments to CET1 Capital Common Equity Tier 1 capital (CET1) 1,728 Additional Tier 1 capital: Instruments 30 AT1 capital instruments and share premium (if applicable) of which: classified as equity under the Accounting Standards of which: classified as liabilities under the Accounting Standards 33 Transitional: Ineligible capital instruments (pursuant to paragraphs and 6.5.4) 34 AT1 capital instruments issued by fully-consolidated subsidiaries that meet criteria for inclusion 35 of which: instruments issued by subsidiaries subject to phase out 36 Additional Tier 1 capital before regulatory adjustments 300 I Additional Tier 1 capital: regulatory adjustments 37 Investments in own AT1 capital instruments 38 Reciprocal cross-holdings in AT1 capital instruments of financial institutions 39 Investments in AT1 capital instruments of unconsolidated financial institutions in which Reporting Bank does not hold a major stake 40 Investments in AT1 capital instruments of unconsolidated financial institutions in which the Reporting Bank holds a major stake (including insurance subsidiaries) 11

13 41 National specific regulatory adjustments which the Authority may specify Regulatory adjustments applied in calculation of AT1 Capital due to insufficient Tier 2 Capital to satisfy required deductions 43 Total regulatory adjustments to Additional Tier 1 capital Additional Tier 1 capital (AT1) Tier 1 capital (T1 = CET1 + AT1) 1,966 Tier 2 capital: instruments and provisions 46 Tier 2 capital instruments and share premium (if applicable) 784 G 47 Transitional: Ineligible capital instruments (pursuant to paragraphs and 6.5.4) 48 Tier 2 capital instruments issued by fully-consolidated subsidiaries that meet criteria for inclusion 49 of which: instruments issued by subsidiaries subject to phase out 50 Provisions 28 H 51 Tier 2 capital before regulatory adjustments 812 Tier 2 capital: regulatory adjustments 52 Investments in own Tier 2 instruments 53 Reciprocal cross-holdings in Tier 2 capital instruments of financial institutions 54 Investments in Tier 2 capital instruments of unconsolidated financial institutions in which Reporting Bank does not hold a major stake 55 Investments in Tier 2 capital instruments of unconsolidated financial institutions in which Reporting Bank holds a major stake (including insurance subsidiaries) 56 National specific regulatory adjustments which the Authority may specify 57 Total regulatory adjustments to Tier 2 capital 58 Tier 2 capital (T2) Total capital (TC = T1 + T2) 2, Floor-adjusted total risk weighted assets 15,275 Capital ratios (as a percentage of floor-adjusted risk weighted assets) 61 Common Equity Tier 1 CAR ** 11.31% 62 Tier 1 CAR ** 12.87% 63 Total CAR ** 18.19% 64 Bank-specific buffer requirement 7.76% 65 of which: capital conservation buffer requirement 1.25% 66 of which: bank specific countercyclical buffer requirement 0.01% 67 of which: G-SIB and/or D-SIB buffer requirement (if applicable) 68 Common Equity Tier 1 available after meeting the Reporting Bank's minimum capital requirem 5.56% National minima 69 Minimum CET1 CAR 6.50% 70 Minimum Tier 1 CAR 8.00% 71 Minimum Total CAR 10.00% Amounts below the thresholds for deduction (before risk weighting) 72 Investments in ordinary shares, AT1 capital and Tier 2 capital of unconsolidated financial institutions in which the Reporting Bank does not hold a major stake 73 Investments in ordinary shares of unconsolidated financial institutions in which the Reporting Bank holds a major stake (including insruance subsidiaries) 74 Mortgage servicing rights (net of associated deferred tax liability) 75 Deferred tax assets arising from temporary differences (net of associated deferred tax liability) Applicable caps on the inclusion of provisions in Tier 2 76 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to standardised approach (prior to application of cap) Cap on inclusion of provisions in Tier 2 under standardised approach Provisions eligible for inclusion in Tier 2 in respect of exposures subject to internal ratingsbased approach (prior to application of cap) 79 Cap for inclusion of provisions in Tier 2 under internal ratings-based approach Capital instruments subject to phase-out arrangements (only applicable between 1 Jan 2013 and 1 Jan 2022) 80 Current cap on CET1 instruments subject to phase out arrangements 81 Amount excluded from CET1 due to cap (excess over cap after redemptions and maturities) 82 Current cap on AT1 instruments subject to phase out arrangements 83 Amount excluded from AT1 due to cap (excess over cap after redemptions and maturities) 84 Current cap on T2 instruments subject to phase out arrangements 85 Amount excluded from T2 due to cap (excess over cap after redemptions and maturities) ** Common Equity Tier 1 CAR, Tier 1 CAR and Total CAR have not included the FY2017 profits pending the audited financial statements. 12

14 8. Main Features of Capital Instruments The following disclosure is based on the prescribed template as set out in MAS Notice 637 Table 11D- 1. This disclosure shall be updated whenever there is an issuance, redemption, conversion/write-down, or other material change in the nature of an existing capital instrument. Ordinary Shares No. 1. Issuer Standard Chartered Bank (Singapore) Limited 2. Unique Identifier (e.g. CUSIP, ISIN or N/A Bloomberg identifier for private placement) 3. Governing law(s) of the instrument Singapore Regulatory treatment 4. Transitional Basel III rules Core Equity 5. Post-transitional Basel III rules Core Equity 6. Eligible at solo/ group/ group & solo Solo 7. Instrument type (types to be specified by each Ordinary Shares jurisdiction) 8. Amount recognised in regulatory capital S$1,653 million (currency in mil, as of most recent reporting date) 9. Par value of instrument N/A 10. Accounting classification Equity 11. Original date of issuance S$100 issued on 2 February 2013 S$1,652,999,900 issued on 9 October Perpetual or dated Perpetual 13. Original maturity date No maturity 14. Issuer call subject to prior supervisory approval N/A 15. Optional call date, contingent call dates and N/A redemption amount 16. Subsequent call dates, if applicable N/A Coupons/ dividends 17. Fixed or floating dividend/ coupon Discretionary dividend amount 18. Coupon rate and any related index N/A 19. Existence of a dividend stopper N/A 20. Fully discretionary, partially discretionary or Fully discretionary mandatory 21. Existence of step up or other incentive to N/A redeem 22. Noncumulative or cumulative Noncumulative 23. Convertible or non-convertible Nonconvertible 24. If convertible, conversion trigger(s) N/A 25. If convertible, fully or partially N/A 26. If convertible, conversion rate N/A 27. If convertible, mandatory or optional N/A conversion 28. If convertible, specify instrument type N/A convertible into 29. If convertible, specify issuer of instrument it N/A converts into 30. Write-down feature N/A 31. If write-down, write-down trigger(s) N/A 32. If write-down, full or partial N/A 13

15 33. If write-down, permanent or temporary N/A 34. If temporary write-down, description of writeup N/A mechanism 35. Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument in the insolvency creditor hierarchy of the legal entity concerned) 36. Non-compliant transitioned features No 37. If yes, specify non-compliant features N/A The Ordinary Shares shall on the return of capital in a winding-up, entitle the holders thereof rights of participation in any surplus profits or assets of the Bank after all senior obligations have been satisfied. 14

16 Non-cumulative Preference Shares No. 1. Issuer Standard Chartered Bank (Singapore) Limited 2. Unique Identifier (e.g. CUSIP, ISIN or N/A Bloomberg identifier for private placement) 3. Governing law(s) of the instrument Singapore Regulatory treatment 4. Transitional Basel III rules Additional Tier 1 5. Post-transitional Basel III rules Additional Tier 1 6. Eligible at solo/ group/ group & solo Solo 7. Instrument type (types to be specified by each Non-cumulative Preference Shares jurisdiction) 8. Amount recognised in regulatory capital S$300 million (currency in mil, as of most recent reporting date) 9. Par value of instrument N/A 10. Accounting classification Equity 11. Original date of issuance 11 December Perpetual or dated Perpetual 13. Original maturity date No maturity 14. Issuer call subject to prior supervisory approval N/A 15. Optional call date, contingent call dates and N/A redemption amount 16. Subsequent call dates, if applicable N/A Coupons/ dividends 17. Fixed or floating dividend/ coupon Discretionary dividend amount 18. Coupon rate and any related index 6M SIBOR % 19. Existence of a dividend stopper Yes 20. Fully discretionary, partially discretionary or Fully discretionary mandatory 21. Existence of step up or other incentive to N/A redeem 22. Noncumulative or cumulative Noncumulative 23. Convertible or non-convertible Non-convertible 24. If convertible, conversion trigger(s) N/A 25. If convertible, fully or partially N/A 26. If convertible, conversion rate N/A 27. If convertible, mandatory or optional N/A conversion 28. If convertible, specify instrument type N/A convertible into 29. If convertible, specify issuer of instrument it N/A converts into 30. Write-down feature N/A 31. If write-down, write-down trigger(s) Trigger Event means the earlier of: (a) the MAS notifying the Issuer in writing that it is of the opinion that a write-off or conversion is necessary, without which the Issuer would become non-viable; and (b) a decision by the MAS to make a public sector injection of capital, or equivalent support, without which the 15

17 Issuer would have become non-viable, as determined by the MAS 32. If write-down, full or partial Full 33. If write-down, permanent or temporary Permanent 34. If temporary write-down, description of write- N/A up mechanism 35. Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument in the insolvency creditor hierarchy of the legal entity concerned) 36. Non-compliant transitioned features N/A 37. If yes, specify non-compliant features N/A Tier 1 Preference Shares will be (a) subordinated in the right of payment to the prior payment in full of, and to claims in respect of, all the Company's other liabilities. (b) Pari passu in right of payment to, and to all claims in respect of, Parity Obligations; and (c) senior in right of payment to, and to all claims in respect of, Junior Obligations 16

18 Subordinated Notes No. 1. Issuer Standard Chartered Bank (Singapore) Limited 2. Unique Identifier (e.g. CUSIP, ISIN or BB number: PP1W041T5-A Bloomberg identifier for private placement) 3. Governing law(s) of the instrument Singapore Regulatory treatment 4. Transitional Basel III rules Tier 2 5. Post-transitional Basel III rules Tier 2 6. Eligible at solo/ group/ group & solo 7. Instrument type (types to be specified by each jurisdiction) 8. Amount recognised in regulatory capital (currency in mil, as of most recent reporting date) Subordinated note S$784 million 9. Par value of instrument S$784 million 10. Accounting classification Liability 11. Original date of issuance 2 October Perpetual or dated Dated 13. Original maturity date 2 October Issuer call subject to prior supervisory approval Yes 15. Optional call date, contingent call dates and redemption amount The Subordinated Notes may be redeemed, at the option of the Bank, on the Interest Payment Date falling on, or nearest to, 2 October 2018 or on any Interest Payment Date thereafter. The Subordinated Notes may be redeemed, in whole but not in part, upon the occurrence of a Tax Event or a Capital Event at their principal amount, together with interest accrued to the date fixed for redemption. S$784 million 16. Subsequent call dates, if applicable Each interest payment date after the First Call Date Coupons/ dividends 17. Fixed or floating dividend/ coupon Floating 18. Coupon rate and any related index 3M SIBOR % 19. Existence of a dividend stopper No 20. Fully discretionary, partially discretionary or Mandatory mandatory 21. Existence of step up or other incentive to No redeem 22. Noncumulative or cumulative Cumulative 23. Convertible or non-convertible Non-convertible 24. If convertible, conversion trigger(s) N/A 25. If convertible, fully or partially N/A 26. If convertible, conversion rate N/A 27. If convertible, mandatory or optional conversion N/A 28. If convertible, specify instrument type N/A convertible into 29. If convertible, specify issuer of instrument it converts into N/A 17

19 Subordinated Notes 30. Write-down feature Yes 31. If write-down, write-down trigger(s) Trigger Event means the earlier of: (a) the MAS notifying the Issuer in writing that it is of the opinion that a write-off or conversion is necessary, without which the Issuer would become non-viable; and (b) a decision by the MAS to make a public sector injection of capital, or equivalent support, without which the Issuer would have become non-viable, as determined by the MAS 32. If write-down, full or partial Full 33. If write-down, permanent or temporary Permanent 34. If temporary write-down, description of write- N/A up mechanism 35. Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument in the insolvency creditor hierarchy of the legal entity concerned) Subordinated to creditors of the Issuer (including the Issuer s depositors) other than those whose claims are expressed to rank pari passu or junior to the claims of the holders of the Notes. The Notes will rank pari passu with (i) all subordinated debt issued by the Issuer that qualifies as Tier 2 Capital Securities and (ii) any obligation of the Issuer that ranks or is expressed to rank, by its terms or operation of law, pari passu with Tier 2 Capital Securities. 36. Non-compliant transitioned features No 37. If yes, specify non-compliant features N/A 18

20 9. Macroprudential Supervisory Measures 31-Dec-17 a b c d RWA for private sector credit exposures used in the Bank-specific computation of the countercyclical buffer countercyclical buffer requirement Country-specific countercyclical buffer requirement Countercyclical buffer amount Geographical breakdown Hong Kong SAR 1.25% 65 Sweden 2.00% 1 Norway 2.00% 0 sum 67 Total 12, % 1 The Basel III countercyclical capital buffer is calculated as the weighted average of the buffers in effect in the jurisdictions to which banks have private sector credit exposures, subject to the relevant transitional caps under MAS Notice 637. The Bank attributes private sector credit exposures to jurisdictions primarily based on the jurisdiction of risk of each obligor, or its guarantor, if applicable. 10. Leverage Ratio Leverage Ratio Summary Comparison Table Item Amount 1 Total consolidated assets as per published financial 31,975 statements 2 Adjustment for investments in entities that are - consolidated for accounting purposes but are outside the regulatory scope of consolidation 3 Adjustment for fiduciary assets recognised on the - balance sheet in accordance with the Accounting Standards but excluded from the calculation of the exposure measure 4 Adjustment for derivative transactions (174) 5 Adjustment for SFTs (930) 6 Adjustment for off-balance sheet items (8,675) 7 Other adjustments 11,269 8 Exposure measure 34,780 19

21 Leverage Ratio Common Disclosure Template Item 31-Dec Sep-17 Exposure measures of on-balance sheet items 1 On-balance sheet items (excluding derivative transactions and SFTs, but including on-balance sheet collateral for derivative transactions or SFTs) 32,282 32,377 2 Asset amounts deducted in determining Tier 1 capital (308) (290) 3 Total exposure measures of on-balance sheet items (excluding derivative transactions and SFTs) 31,975 32,087 Derivative exposure measures 4 Replacement cost associated with all derivative transactions (net of the eligible cash portion of variation margins) Potential future exposure associated with all derivative transactions Gross-up for derivative collaterals provided where deducted from the balance sheet assets in accordance with the Accounting Standards Deductions of receivables for the cash portion of variation margins provided in derivative transactions CCP leg of trade exposures excluded Adjusted effective notional amount of written credit derivatives Further adjustments in effective notional amounts and deductions from potential future exposures of written credit derivatives Total derivative exposure measures SFT exposure measures 12 Gross SFT assets (with no recognition of accounting netting), after adjusting for sales accounting Eligible netting of cash payables and cash receivables SFT counterparty exposures SFT exposure measures where a Reporting Bank acts as an agent in the SFTs Total SFT exposure measures Exposure measures of off-balance sheet items 17 Off-balance sheet items at notional amount 11,180 11, Adjustments for calculation of exposure measures of off-balance sheet items (8,675) (9,325) 19 Total exposure measures of off-balance sheet items 2,505 2,324 Capital and Total exposures 20 Tier 1 capital 1,967 1, Total exposures 34,780 34,541 Leverage ratio 22 Leverage ratio 5.65% 5.79% 20