BARCLAYS – Q2 2019 RESULTS AND CIB KEY FACTS AND BUSINESS HIGHLIGHTS

RESILIENT PERFORMANCE WITH GROUP RETURN ON TANGIBLE EQUITY OF 9.4% AND AN INCREASED HALF YEAR DIVIDEND OF 3.0P PER SHARE

BARCLAYS GROUP PROFIT BEFORE TAX WAS £3.0BN (H118: £1.7BN) AND EXCLUDING LITIGATION AND CONDUCT, WAS £3.1BN (H118: £3.7BN). THE COST: INCOME RATIO WAS 63% (H118: 61%), WITH INCOME DOWN 1%, DRIVEN MAINLY BY MARGIN PRESSURE IN BARCLAYS UK AND LOWER INCOME IN BARCLAYS INTERNATIONAL, WHILE COSTS INCREASED 1%, REFLECTING CONTINUED INVESTMENT IN THE BUSINESS. ¢REDIT IMPAIRMENT CHARGES INCREASED TO £0.9BN (H118: £0.6BN) REFLECTING THE NON-RECURRENCE OF FAVOURABLE US MACROECONOMIC FORECAST UPDATES AND SINGLE NAME RECOVERIES IN H118, WHILE DELINQUENCIES IN UNSECURED LENDING REMAINED STABLE

BARCLAYS UK PROFIT BEFORE TAX WAS £1.1BN (H118: £0.8BN). EXCLUDING LITIGATION AND CONDUCT, PROFIT BEFORE TAX WAS £1.1BN (H118: £1.2BN). INCOME DECLINED 2%, AS CONTINUING MARGIN PRESSURE WAS PARTIALLY OFFSET BY CONTINUED GROWTH IN MORTGAGES AND DEPOSITS. OPERATING EXPENSES INCREASED 2% AS DIGITAL INVESTMENT WAS PARTIALLY OFFSET BY COST EFFICIENCY SAVINGS

BARCLAYS INTERNATIONAL PROFIT BEFORE TAX WAS £2.3BN (H118: £2.7BN). INCOME WAS DOWN 1% DRIVEN BY A REDUCTION IN CIB, REFLECTING REDUCED CLIENT ACTIVITY, LOWER VOLATILITY AND A SMALLER BANKING FEE POOL ACROSS THE INDUSTRY, OFFSET BY GROWTH IN ¢ONSUMER, ¢ARDS AND PAYMENTS. OPERATING EXPENSES INCREASED 1% AS CONTINUED INVESTMENT IN THE BUSINESS WAS PARTIALLY OFFSET BY REDUCED VARIABLE COMPENSATION ACCRUALS, REFLECTING PERFORMANCE IN THE CIB. ¢REDIT IMPAIRMENT CHARGES INCREASED FROM £0.2BN TO £0.5BN, DUE TO THE NON-RECURRENCE OF FAVOURABLE US MACROECONOMIC FORECAST UPDATES AND SINGLE NAME RECOVERIES IN H118

ATTRIBUTABLE PROFIT WAS £2.1BN (H118: £0.6BN). THIS REFLECTED THE NON-RECURRENCE OF Q118 LITIGATION AND CONDUCT CHARGES OF £2.0BN, PRINCIPALLY RELATING TO THE RESIDENTIAL MORTGAGE BACKED SECURITIES SETTLEMENT (rmbs) AND PAYMENT PROTECTION INSURANCE (PPI). EXCLUDING LITIGATION AND CONDUCT, ATTRIBUTABLE PROFIT WAS £2.2BN (H118: £2.6BN), GENERATING BASIC EARNINGS PER SHARE OF 12.6P (H118: 14.9P)

TANGIBLE NET ASSET VALUE (TNAV) PER SHARE WAS 275P (CECEMBER 2018: 262P) AS 12.6P OF EPS, EXCLUDING LITIGATION AND CONDUCT, AND POSITIVE NET RESERVE MOVEMENTS, WERE PARTIALLY OFFSET BY PAYMENT OF THE REMAINING FULL YEAR 2018 DIVIDEND OF 4P IN THE SECOND QUARTER

BARCLAYS BANK PLC

Barclays Bank PLC offers premier investment banking products and services to its clients through Barclays Bank PLC. Barclays Bank PLC is authorised by the prudential regulation authority and regulated by the financial Conduct

Authority and the prudential regulation authority and is a member of the london stock exchange. Barclays Bank PLC is registered in england no. 1026167 with its registered office at 1 Churchill place, london e14 5hp.