REG - Standard Chrtrd PLC - Changes to presentation of financial information

Standard CharteredAnnouncement

Today 07:20

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RNS Number : 9822X  Standard Chartered PLC  24 March 2026

25 March 2026

STANDARD CHARTERED PLC

RE-PRESENTATION OF FINANCIAL INFORMATION

As previously announced at FY'25 results on 24 February 2026, Standard
Chartered PLC (the Group) is making changes to financial disclosures and has
today published a re-presentation of figures for the Group, business segments
and key geographies.

To aid comparisons with prior periods a data pack with revised financial
information has been made available today and can be found at the Group's
website (here (https://www.sc.com/en/investors/financial-results/) ), which
includes 12 quarters of historical financial information.

Note the re-presentation provided today has not resulted in any changes to the
reported financial performance of the Group. Furthermore, all guidance given
at FY'25 results presentation remains unchanged.

This re-presentation reflects three components:

1.   Movement from underlying to reported financials

As previously announced at our FY'25 results, the Group's presentation of
financials is changing from an underlying to a reported basis, with the
presentation of interest income and non-interest income continuing on an
adjusted basis (which includes adjustments for Trading Book Funding Cost).

Items previously reported below the line, including Fit for growth
cost-to-achieve, restructuring costs (including exit markets) and other items
are now reported across income, costs, and impairments and within the relevant
segments.

The re-presentation data pack, published on our website today, includes a
breakdown of notable items within the results. These notable items primarily
reflect accounting adjustments, gain/loss on sale of businesses or assets,
legal charges & provisions, and goodwill impairment. Future notable items
will be called out where relevant and material in subsequent reporting
quarters. Unless otherwise stated, all group guidance is on a reported basis.

2.   Changes to the Ventures segment

As previously announced at our FY'25 results, Digital Banks are now reported
within the Wealth & Retail Banking (WRB) segment, and SCV is now reported
within the Central & Other (C&O) segment.

·    Within WRB, the Digital Banks' income is allocated to the respective
product lines (Deposits & Mortgages, CCPL & other unsecured lending,
Treasury & Other); and balance sheet items are also allocated accordingly.

·    Digital Banks and SCV income are still shown as memo items within WRB
and C&O respectively.

 

3.   Other changes

As part of the re-presentation today, we are also incorporating other
presentational changes, including: additional geographic loan disclosure; a
revision to the definition of Network income; removal of the split of Global
Markets sub-products.

We will provide further Group commentary and guidance at our Investor Event in
May.

For further information, please contact:

Manus Costello, Global Head, Investor Relations: +44 (0) 20 7885 0017

David Lock, Head of Sell-Side, Investor Relations: +44 (0) 20 7885 0023

Robbie Sommerville, Global Head, Corporate Communications: +44 (0) 7990784478

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