Strategic Shareholder Climate and Risk Financial Financial Barclays PLC 357 report information sustainability report Governance review review statements Annual Report 2022 Risk performance - Treasury and Capital risk (continued) Capital resources b,c Capital ratios a Restated As at 31 December 2022 2021 CET1 13.9 % 15.1 % Tier 1 (T1) 17.9 % 19.1 % Total regulatory capital 20.8 % 22.2 % Capital resources (audited) 2022 2021 As at 31 December £m £m Total equity excluding non-controlling interests per the balance sheet 68,292 69,052 Less: other equity instruments (recognised as AT1 capital) (13,284) (12,259) Adjustment to retained earnings for foreseeable ordinary share dividends (787) (666) (37) (32) Adjustment to retained earnings for foreseeable other equity coupons Other regulatory adjustments and deductions Additional value adjustments (PVA) (1,726) (1,585) Goodwill and intangible assets (8,224) (6,804) Deferred tax assets that rely on future profitability excluding temporary differences (1,500) (1,028) Fair value reserves related to gains or losses on cash flow hedges 7,237 852 Excess of expected losses over impairment (119) — Gains or losses on liabilities at fair value resulting from own credit (620) 892 Defined benefit pension fund assets (3,430) (2,619) Direct and indirect holdings by an institution of own CET1 instruments (20) (50) Adjustment under IFRS 9 transitional arrangements 700 1,229 Other regulatory adjustments 396 345 CET1 capital 46,878 47,327 AT1 capital Capital instruments and related share premium accounts 13,284 12,259 Qualifying AT1 capital (including minority interests) issued by subsidiaries — 637 Other regulatory adjustments and deductions (60) (80) AT1 capital 13,224 12,816 T1 capital 60,102 60,143 T2 capital Capital instruments and related share premium accounts 9,000 8,713 Qualifying T2 capital (including minority interests) issued by subsidiaries 1,095 1,113 Credit risk adjustments (excess of impairment over expected losses) 35 73 Other regulatory adjustments and deductions (160) (160) Total regulatory capital 70,072 69,882 336,518 314,136 Total RWAs (Unaudited) Notes a Capital and leverage metrics as at 31 December 2021 have been restated to reflect the impact of the Over-issuance of Securities.See Impact of Over-issuance of Securities on page 356 for further details. b CET1, T1 and T2 capital, and RWAs are calculated applying the transitional arrangements of the CRR as amended by CRR II. This includes IFRS 9 transitional arrangements and the grandfathering of CRR II non-compliant capital instruments. December 2021 comparatives include the grandfathering of CRR non-compliant capital instruments. c The fully loaded CET1 ratio, as is relevant for assessing against the conversion trigger in Barclays PLC AT1 securities, was 13.7%, with £46.2bn of CET1 capital and £336.3bn of RWAs calculated without applying the transitional arrangements of the CRR as amended by CRR II.