Basel III phase-in arrangements (All dates are as of 1 January) Phases 2013 2014 2015 2016 2017 2018 2019 Capital Leverage Ratio Parallel run 1 Jan 2013 – 1 Jan 2017 Disclosure starts 1 Jan 2015 Migration to Pillar 1 Minimum Common Equity Capital Ratio 3.5% 4.0% 4.5% 4.5% Capital Conservation Buffer 0.625% 1.25% 1.875% 2.5% Minimum common equity plus capital conservation buffer 3.5% 4.0% 4.5% 5.125% 5.75% 6.375% 7.0% Phase-in of deductions from CET1* 20% 40% 60% 80% 100% 100% Minimum Tier 1 Capital 4.5% 5.5% 6.0% 6.0% Minimum Total Capital 8.0% 8.0% Minimum Total Capital plus conservation buffer 8.0% 8.625% 9.25% 9.875% 10.5% Capital instruments that no longer qualify as non-core Tier 1 capital or Tier 2 capital Phased out over 10 year horizon beginning 2013 Liquidity Liquidity coverage ratio – minimum requirement 60% 70% 80% 90% 100% Net stable funding ratio Introduce minimum standard * Including amounts exceeding the limit for deferred tax assets (DTAs), mortgage servicing rights (MSRs) and financials. transition periods