Restructuring costs (ex.W&G) vs. annual cost saving 2014 - 2016 £bn 3.9 Cost saving achieved in given year Cumulative cost saving 3.1 0.75 2.1 1.0 1.0 3.1 Annual cost 1.1 2.1 saving 1.1 2014 2015 2016 2017(1) Cumulative Restructuring 0.8 3.1 3.7 4.7 costs  We expect to incur restructuring costs of approximately £1bn in 2017 and approximately a further £1bn in aggregate during 2018 and 2019 (1) The targets, expectations and trends discussed in this presentation represent management’s current expectations and are subject to change, including as a result of the factors described in this document and in 44 the “Risk Factors” 432 to 463 of the Annual Report and Accounts 2016. These statements constitute forward looking statements, please see Forward Looking Statements.