Banco Sabadell - Presentación Institucional. Inglés. Enero 2015

Banco Sabadell Chosen by the best in business. And by people like you.

January 2015

Contents 1.

Description, mission and values, milestones

2.

Shareholder & management structure

3.

Financial highlights

4.

A multibrand, multichannel strategy

5.

Branch network

6.

Market position

2

What is Banco Sabadell?

• A privately owned banking group established in 1881

• The fourth largest banking group in Spain by assets

• A focused commercial banking group with a significant franchise in small and medium enterprises and affluent private individuals

• A multibrand, multichannel strategy • 2,320 branches and 17,429 employees • 6,2 million customers • Main financial data (millions of euros) Total assets: 163,345.6 Gross loans to customers: 121,140.8 Funds under management: 94,460.6

3

Mission and corporate values Mission

Corporate values

To develop a universal banking business across Spain, with a specialised vocation, following a selective process of growth through a client banking model.

• • • • • • • • • •

Desire to serve Proximity Adaptability Professionalism Innovation Prudence Sales orientation Austerity Ethics and social responsibility Teamwork

4

BS Milestones

1881

Established in Sabadell (Barcelona)

1965

Initial geographical expansion

1978

London, first branch of the international network

1988

Sabadell Banca Privada is created

1996

Acquisition of NatWest EspaĂąa: the Solbank project

2000

Acquisition of Banco Herrero

2001

Banco Sabadell is floated on the stock market

2004

Acquisition of Banco AtlĂĄntico

2004

Banco Sabadell joins the IBEX 35

2006

Acquisition of Banco Urquijo

2007

Acquisition of TransAtlantic Bank (Miami) 5

BS Milestones 2008

Zurich, new partner in bancassurance

2009

Acquisition of Mellon United National Bank (Miami)

2010

Sabadell United Bank is born

2010

Acquisition of Banco Guipuzcoano

2011

Acquisition of Lydian Private Bank (Miami)

2012

Acquisition of Banco CAM

2012 Acquisition of Banco BMN's in Catalonia and Arag贸n 2013

Acquisition of Lloyds Banking Group Spain

2013

Acquisition of Banco Gallego

2013

Acquisition of JGB Bank de Miami

2014

Sabadell Capital begins operating in Mexico 6

Leadership in quality and increased brand awareness Service Quality Level Evolution of Banc Sabadell compared with the sector (1)

6.90 6.89

6.90

7.03

7.21

Increased Brand Awareness Based on 12,000 opinions polled in Spain (2)

7.42 20.7%

+94 pb

6.01

6.03

6.23

6.28 6.15

6.48

2012 2013 1T14 2T14 3T14 4T14 Sabadell

Sector

14.8%

4.2%

2010

5.7%

2011

7.9%

2012

2013

2014

In mid crisis a favourable awareness of the bank in terms of public opinion has increased fivefold

1. Source STIGA, EQUOS “RCB Objective Quality Analysis of Commercial Banking Networks (4T 2014)” 2. Font: FRS Inmark ”Financial Performance of the Retail Market in Spain 2014”

Contents 1.

Description, mission and values, milestones

2.

Shareholder & management structure

3.

Financial highlights

4.

A multibrand, multichannel strategy

5.

Branch network

6.

Market position

8

Shareholder structure At 31.12.2015

According to size of holding (% of capital) Up to 120.000 shares

36,83%

More than 120.000 shares

63,17%

Retail shareholders

53,9%

52 %

Other data 48 % Number of shares Number of shareholders Price (euros)

Institutional investors

4,024,460,614 231,481 2,205

9

Management structure Executive Committee & General Management

Business Areas

Chairman · José Oliu Creus Vice-President · José Javier Echenique Landiribar Managing Director · Jaime Guardiola Romojaro Director · General Manager · José Luís Negro Rodríguez External director · José Permanyer Cunillera General Secretary · María José García Beato General Manager · Miguel Montes Güell General Manager · Tomás Varela Muiña Deputy general manager · Carlos Ventura Santamans Deputy general manager · Fernando Pérez-Hickman

Commercial Banking · Carlos Ventura Santamans SME Banking · Eduardo Currás de Don Pablos Personal Banking · Manuel Tresánchez Montaner Bancassurance · Silvia Ávila Rivero Markets & Private Banking · Ramón de la Riva Reina Invest., Fin. Products & Analysis · Cirus Andreu Cabot Treasury and Capital Markets · Alfonso Ayuso Calle Americas · Fernando Pérez-Hickman Corporate & Wholesale Banking · Enric Rovira Masachs Assets Transfer& Solvia · Miguel Montes Güell

Corporate Divisions Finance · Tomás Varela Muiña Financial Management: Sergio Palavacino Operations and Corpo. Development · Miguel Montes Güell Organisation et services· Federico Rodríguez Castillo Human Resources · Javier Vela Hernández Risk Management · Rafael José García Nauffal Financial Holdings · Ignacio Camí Casellas Communication & Institu. Relations · Ramon Rovira Pol Corporate Operations · Joan M. Grumé Sierra Internal Audit · Nuria Lázaro Rubio Legal · Gonzalo Barettino Coloma

Territorial managers Catalonia · Luis Buil Vall Centre · Blanca Montero Corominas Southern Region · Juan Krauel Alonso North-West · Pablo Junceda Moreno Northern Region · Pedro E. Sánchez Sologaistua Eastern · Jaime Matas Vallverdú

10

Contents 1.

Description, mission and values, milestones

2.

Shareholder & management structure

3.

Financial highlights

4.

A multibrand, multichannel strategy

5.

Branch network

6.

Market position

11

4Q Results 4Q13 vs. 4Q14

4Q13

4Q14

Net Interest Income

1,814.7

2,259.7

24,5%

Equity Method & Dividends Commissions Trading Income & Forex Other Operating Results Gross Operating Income

18,4 759,7 1,547.1 -163,1 3,976.8

8,7 860,9 1,863.2 -192,0 4,800.5

--------13,3% 20,4% 17,7% 20,7%

Personnel Costs Administrative Costs Depreciations

-1,098.2 -587.9 -228.4

-1,202.6 -570.7 -278.1

9.5% -2.9% 21.7%

Pre-provisions Income

2,062.3

2,749.1

33.3%

Total Provisions & Impairments Gains on sale of assets

-1,763.6 43.9

-2,499.7 286.9

41.7% -----

Profit before taxes Taxes and others

343.2 -95.4

486.

4 -114.7

41.7% 20,3%

Attributable Net Profit

247.8

371.7

50%

2013 net profit following FGD adjustments is €145.9M In millions of euros. 2014 includes BMN-Penedès, Lloyds España and Banco Gallego. And 2013 includes seven months of BMNPenedès, six of Lloyds and two of Banco Gallego.

Ratings and solvency ratios

Ratings

DBRS 09.01.2015

Solvency Long term

Short term

A (low)

R-1 (low)

Other

Ràtio Tier I (%)*

Negative Outlook

11.7 11.1

Standard&Poors 27.01.2015

Moody’s 23.10.2014

BB+

B

Negative Outlook

Ba2

NP

Financial Strength: D-

1Q14

4Q14

Basilea III phase-in

13

Contents 1.

Description, mission and values, milestones

2.

Shareholder & management structure

3.

Financial highlights

4.

A multibrand, multichannel strategy

5.

Branch network

6.

Market position

Domestic Branch Network

SabadellCAM branches are shown in grey, SabadellHerrero branches in red, SabadellGuipuzcoano branches in deep blue, SabadellGallego brances in pistachio and SabadellSolbank branches in fuchsia.

15

A Multibranding strategy • Commercial and Corporate Banking • Branches all over Spain (except SabadellCAM, SabadellGuipuzcoano and SabadellHerrero territories) • Commercial and Corporate Banking • Branches in Com. of Valencia and Murcia • Commercial and Corporate Banking • Branches in Basque Country, Navarre and La Rioja • Commercial and Corporate Banking • Branches in Asturias and León • Commercial Banking for European individuals living in Spanish tourist areas • Branches in Mediterranean coastal areas and Spanish islands • Private Banking • Branches all over Spain • Commercial and Corporate Banking • Branches in Galicia 16

Subsidiaries • Banking for individuals active in e-financial markets • ‘Centros Activo’ in Madrid and Barcelona • 95% Banco Sabadell • Commercial and Corporate Banking • Private Banking • Branches in South Florida • 51% Banco Sabadell · 49% local shareholders • Commercial Banking • Branches in Andorra •100% Banco Sabadell • Private consumer financing

•100% Banco Sabadell • Renting of vehicles, capital goods and energy efficiency •100% Banco Sabadell • SOFOM (Mexican multi-purpose financial company) 17

Organizational structure

Customers

Cross-businesses

Venture Capital

Banks and financial subsidiaries

Commercial Banking

Asset Management

SĂ­nia Renovables

BanSabadell FINCOM

Corporate Banking & Global Operations

Treasury and Capital Markets

Aurica XXI

BancAssurance

SME Banking

Security Trading and Custody

Bidsa

BancSabadell d’Andorra

Investment Banking

Investment Management

Sabadell Capital

Private Banking BS International

18

Banco Sabadell on social networks

19

Contents 1.

Description, mission and values, milestones

2.

Shareholder & management structure

3.

Financial highlights

4.

A multibrand, multichannel strategy

5.

Branch network

6.

Market position

Branches Total network: 2,320 branches

In Spain 2,267

Abroad 53

Spanish Autonomous Communities Andalusia 142 Aragon 39 Asturias 146 Balearic Islands 65 Canary Islands 31 Cantabria 6 Castilla-La Mancha 23 Castilla and Le贸n 64 Catalonia 723 Ceuta and Melilla 2 Com. of Valencia 392 Extremadura 6 Galicia 129 La Rioja 8 Madrid 216 Murcia 149 Navarre 19 Basque Country 107 21

Banco Sabadell in the world

Branches

Affiliates and subsidiaries

Representative offices

1 London

5 Andorra

9 Algiers (Algeria)

2 Miami

6 USA

10 S창o Paulo (Brazil)

3 Paris

7 Portugal

11 Beijing (China)

4 Casablanca

8 Mexico

12 Shanghai (China) 13 New York (USA) 14 Dubai (United Arab Emirates) 15 New Delhi (India) 16 Mexico DF (Mexico) 17 Warsaw (Poland) 18 Singapore (Singapore)

6 16 8

13

7

2

4

21

17 1 3 5 19 9

11 12 14

19 Istanbul (Turkey) 20 Caracas (Venezuela) 21 Santo Domingo (Dominican R.)

15

20 18 10

22

Contents 1.

Description, mission and values, milestones

2.

Shareholder & management structure

3.

Financial highlights

4.

A multibrand, multichannel strategy

5.

Branch network

6.

Market position

Market position 路 1 Total assets Santander BBVA Caixabank Bankia Sabadell Popular Bankinter

Loans* 1,266,296 651,511 338,623 233.649 163,346 161,456 57,333

Deposits Santander Caixabank BBVA Bankia Sabadell Popular Bankinter

178,720 171,681 154,261 106,808 99,662 95,988 30,914

*BBVA and Santander represent credit and resources in Spain with no property sectori.

Caixabank BBVA Santander Bankia Sabadell Popular Bankinter Mutual fonds

197,185 173,906 162,503 121,769 121,728 108,379 42,447

Santander BBVA Caixabank Sabadell Bankia Popular Bankinter

124,708 52,782 37,482 15,706 10,392 9,499 7,233

In milions of euros.

24

Market position ¡ 2 Shareholders’ equity Santander BBVA Caixabank Popular Bankia Sabadell Bankinter

Accumlated net profit (4T14) 91,664 49,446 23,373 12,783 11,331 10,224 3,514

In milions of euros

5,816 2,618 747 620 372 330 276

Employees

Branches in Spain Caixabank Santander BBVA Sabadell Bankia Popular Bankinter

Santander BBVA Bankia Caixabank Sabadell Popular Bankinter

5,251 3,511 3,112 2,267 1,978 1,946 526

Santander BBVA Caixabank Sabadell Popular Bankia Bankinter

185,405 108,770 31,210 17,529 15,321 14,382 6,110 25

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