#1Investor Presentation 2Q 2023 July 2023 خروج EXIT interactive interactive Interactive مصرف الإنماء alinma bank digital. fast. convenient.#2Table of Contents 1 Alinma Overview 2 Strategy Update 3 4 Historical Financial Performance 1H 2023 Financial Performance 5 Segmental Performance 6 Outlook & Guidance 7 Appendix 2Q 2023 INVESTOR PRESENTATION مصرف الإنماء alinma bank 2/48#3Alinma Overview 2Q 2023 Pay مدى mada 1234 1234 1234 1234 VALID 12/23 CLIENT NAME VISA مصرف الإنماء alinma bank digital. fast. convenient.#4History Alinma Bank was established in 2006 as full-fledged Islamic banking services provider. Est. 2006 2007 - Roy 2008 2020 مصرف الإنماء alinma bank i+A $ Establishment Alinma was established by Royal Decree by the Public Investment Fund (10%), the Public Pension Agency (10%) and the General Organization for Social Insurance (10%) Young Corporate Bank Alinma began providing Shariah compliant banking services, asset management and brokerage services through its affiliates Publicly Listed Company Alinma launched its IPO and became a publicly listed company on the Saudi Stock Exchange (Tadawul) Major Capital Increase Alinma increased its capital to SAR 20 billion from SAR 15 billion via stock dividends to fund the next stage of growth 2Q 2023 INVESTOR PRESENTATION 4/48#5Alinma Overview Alinma is the youngest bank in KSA 18.7m Monthly Average Users 631K Smartphone Daily Average Users (Number of Smart Phone Users Logins) #2 in KSA 3.80% NIMS (1Q 2023) #4 in KSA #6 in KSA 14.1% ROE (1Q 2023) 1.9% ROA (1Q 2023) Retail Digital Snapshot 98.4% Digital Transactions 18.2% CAR 32.6% +25.4% Cost to Income Net Income YoY Financial 4.34m Position KSA Market Share Customers 0.84% COR 1.89% 130.1% NPL Ratio NPL Coverage مصرف الإنماء alinma bank 6.1% Assets (1Q 2023) 6.7% Financing (1Q 2023) 6.7% Deposits (1Q 2023) 5.0% NIB Deposits (1Q 2023) #4 Traded Stock in KSA by Value and #5 by number of trades (1H 2023) SAR 17.8 bn Value Traded (1H 2023) Stock Highlights SAR 67.0 bn Market Capitalization (30 June 2023) 15.4% Foreign Ownership #1 among Saudi banks (30 June 2023) SOURCE: Bank Financial Statements, Tadawul 10% Owned by Public Investment Fund 5/48 2Q 2023 INVESTOR PRESENTATION#6Management Team Alinma has built an experienced new management team poised to execute its strategy Saleh Abdullah Al Zumaie ini Deputy CEO, Head of Retail & Digital Banking Mohammed Sultan Al Sehali Chief Internal Audit Officer Jameel Naif Al Hamdan Head of Corporate Banking Abdullah Ali Al Khalifa Chief Executive Officer (CEO) مصرف الإنماء alinma bank Abdullah Jamaan Al Zahrani Head of Treasury Meshary Abdulaziz Al Jubair Chief Operating Officer (COO) Hamoud Abdulaziz Al Humaidan Chief Compliance Officer (CCO) Eyad Osama Al Othman General Counsel & Board Secretary Fahad Abdulaziz Al Mohaimeed Head of Strategy & Business Excellence Gu Yaser Abdulaziz Al Marshde inn Chief Sharia Officer (CSO) Hisham Abdullah Al Turaigi Chief Credit Officer (CCRO) Abdullah Mohammed Al Salamah Chief Human Capital Officer (CHCO) Adel Saleh Abalkhail Chief Financial Officer (CFO) Meshal Hamad Al Rabiah Chief Risk Officer (CRO) 6148 2Q 2023 INVESTOR PRESENTATION#7Strategy Update 1158< 2Q 2023 Lean My سداد 0 U 7512 SAR OSM -1 11a SA 1660 201 satst مصرف الإنماء alinma bank digital. fast. convenient.#8Strategic Positioning Alinma Bank's strategic positioning cascades down into each business strategy Excellence Shariah Compliance Digital 2Q 2023 INVESTOR PRESENTATION Corporate Retail Treasury Segment wise Bank wide Be recognized and celebrated as the fastest and most convenient bank in KSA مصرف الإنماء alinma bank Be the #1 in Net Promoter Score (NPS) across KSA Banks > Be the #1 Employer of choice across KSA Banks Be the most digitally advanced, fastest, and most convenient Retail bank in KSA Be the Corporate bank with the best customer experience (increasingly integrated) and offer the fastest turnaround time in KSA Be the most innovative Shariah compliant Treasury partner across KSA 8/48#9Strategy Overview Key success factors for Alinma Bank's strategic positioning "Most digitally advanced, fastest, and most convenient bank" digital fast convenient Affluent & HNW #1 NPS Youth Retail Corporate Best UX 40-50% more customers "#1 Employer of choice" across KSA Banks مصرف الإنماء alinma bank "Best customer experience and fastest turnaround time" Large, Mid Corporate Project Finance High-quality SME Trade Finance & Cash Management Digitization Hedging Advanced Analytics DevOps Digital Treasury Investments FI Agile Deployment ALM "Recognized and celebrated as the fastest and most convenient bank" simple excellent innovative 2Q 2023 INVESTOR PRESENTATION 30+ new products "Most innovative Shariah-compliant Treasury partner" 9/48#10Strategy Progress Update Driving changes across the businesses and bank-wide 2021-2025 Strategic Ambitions 2Q 2023 Achievements Digital Fast Build digital factory and apply latest available technologies - Advanced Analytics (AA), Al and Big Data Improve processes and speed to market Convenient Enhance customer convenience and experience ■ Launched Youth App for friends and family ■Launched Alinma Marketplace via Alinma App ■ 29 TCR machines Implemented in Q2 ■ Implemented digital execution for credit cards (33%) and personal loans (24%) Implemented Open Banking infrastructure and capabilities ■ Added new Corresponding banks to Alinma Express Revamped THATI journeys ■ Launched Alfursan miles Credit Card مصرف الإنماء alinma bank 2023 Initiatives In-Progress Driving Agile delivery of IT projects Digital team being expanded with requisite skills Continuously improving new digital app ■ Continue enhancement of digital journeys and app functionality, and increase cross- sell ■ Continuous improvement in turn-around time for retail customers ■ Client relationship models for Private and Affluent customers being improved ■ Enhance ecosystems programs for customer convenience Total 2Q 2023 INVESTOR PRESENTATION 77 Initiatives Merged 10 branches (20 YTD) 58/Initiatives Completed 75% 19m Initiatives In Progress 25% 10/48#11Retail Focus on building two customer franchises Focus to date Wealth Segments Acquisition focused on classic segments Future Focus Gold, Platinum, Diamond, and Private segment customers driving majority of deposits Digital capabilities to acquire customers Initiatives Completed to Date: Key Achievements 13/18 initiatives completed 2Q 2023 INVESTOR PRESENTATION 72% Digitally-savvy Affluent and HNW 2 Digitally-savvy 3 Youth مصرف الإنماء alinma bank Customer experience and operational excellence Alinma Retail Vision Experienced professionals and self-employed Saudis 35-50 year-old customers in the wealth segment Young Saudi professionals and University students 18-35 year-old customers in the wealth segment Drive growth in deposits Drive growth in Financing Reinvent the experience and improve multi- channel delivery Enhance experience around digital journeys and in-branch services Elevate customer engagement through tailored services and products "Be the most digitally advanced, fastest, and most convenient Retail Bank in KSA" Launch of New Tailored Products 2Q 2023 Launched Alfursan miles Credit Card Launched real estate finance Corresponding without Title deeds for Added new banks to Alinma selective RE Express developers New Operating Models and Effective Processes Distribution Expansion 29 10 1 TCR machines Merged branches (20 YTD) New Private Centre (3 YTD) Revamped THATI (self- service) journey Implemented digital execution for credit cards (33%) and personal loans (24%) Availed skip payments option for multiple installments for all Real Estate Products Implemented in Q2 11/48#12Corporate Evolve the bank and diversify across sectors Focus to date Large corporates and project finance Focused on lending Leveraging Kafalah program Future Focus Build the cross-sell model Global Transaction 1 Large, mid-corporate & project finance 2 High-quality SME portfolio 3 Banking (GTB) - Cash & Trade Management مصرف الإنماء alinma bank ☐ Alinma Corporate Vision Drive customer centricity, aligning RMs, product specialists and industry experts Revamp commercial processes Tech-enabled front line Enhance product & channel offering in cross- sell categories Integrate digital offering Foster Kafalah program lending Extend SME portfolio along supply chain related offerings Preferred GTB financial service provider Migrate business partners to GTB solutions for efficiency, productivity and higher profitability Lead in GTB field via innovation and digitalization "Be the Corporate bank with the best customer experience and offer fastest turnaround time in KSA" New Products Improved organisational efficiency +17% +70% +20% Program Kafalah Based financing Lending Lunched bundle with Saudi Fintech Technology Company to promote products with focus on ClickPay as 1st choice of eCommerce 3 Processes streamline design completed Expanded Mid-Corp Segment Growth in SME Portfolio Initiatives Completed to Date: Key Achievements 2Q 2023 9/19 initiatives completed 47% +72% Growth in booked assets +73% Growth in Non- funded assets (LG & LC) Growth in assets 2Q 2023 INVESTOR PRESENTATION 12/48#13Treasury Become core partner for corporate clients and grow Fl franchise Focus to date Liquidity management and stable risk Strong track record with well-managed liquidity profile and investment revenue and stable risk > Future Focus Fl customers serviced well Enhanced financial 1 Derivative products 2 institutions franchise 3 مصرف الإنماء alinma bank High Quality Asset Liability Management Alinma Treasury Vision Grow product portfolio to provide holistic value proposition to clients Drive Customer centricity to facilitate bank-level alignment and improved cross-sell revenues Fls represent important source to diversify funding and show continued interest into KSA investments Grow deposits and long term liabilities on one side and term assets on the other to maintain a healthy balance sheet Continue to focus on liquidity and stable funding ratios "Be the most innovative Shariah compliant Treasury partner across KSA" Expansion of Products and Volumes Increased FI Coverage Portfolio Yield Enhancement Initiatives Completed to Date: Key Achievements 12/12 initiatives completed 2Q 2023 Expanded 100% Derivatives customer 2Q 2023 INVESTOR PRESENTATION base +20bn +7.9bn FX business volumes PRS volumes +3 banks Correspondent Fls added globally New Products Continue to enhance investment portfolio yield Introduced Shariah compliant products in alignment with international players such as Repos to Maturity and developed new derivatives products such as Collared PRS 13/48#14Digital Build Digital to scale customer experience and operational excellence across the bank Focus to date Driving digital capabilities World-Class Digital Capabilities 2 Improve Operating Model 3 Drive Operational Excellence مصرف الإنماء alinma bank Alinma Vision Pursuing initiatives across Advanced Analytics and Big Data, Al and RPA Future Focus Projects are driven by Agile ways of working Augment digital work force with best in class talents and upskill digital teams by establishing digital training e-academy Accelerate digitization Deliver with speed, quality and efficiency Progress on Advanced Analytics while building new capabilities Reinvent the customer experience and improve multi-channel capabilities Leverage the ecosystem to create innovative and unique propositions Improve ways of working, e.g. Agile delivery, DevOps, etc. Establish the digital factory to power rapid delivery and foster innovation Improve efficiency through digitization of services and products Automate internal processes using robotics to enhance turnaround times. "Be recognized and celebrated as the fastest and most convenient bank in KSA" New Models & Digital Factory Updates Initiatives Completed to Date: Key Achievements 14/17 initiatives completed 2Q 2023 82% Launched Alinma Marketplace via Alinma App Launched Youth App for friends and family Developed the first Al cross- sell model for the Youth App Implemented Open Banking Infrastructure and capabilities IT Projects Delivery 52% IT Projects Delivered through Agile Technology Improvements THATI UX/UI revamped Implemented Anti-Fraud system 2Q 2023 INVESTOR PRESENTATION 14/48#15Human Capital Fostering a great working environment and being the cultural transformation champions in the organization مصرف الإنماء alinma bank Focus to date Hiring and training activities Drive cultural change agenda 2 Grow capabilities across the bank Organizing Alinma for Alinma 3 success Human Capital Vision > Improve Work Environment Future Focus Cascade new strategy to organization and embed in communication Female Empowerment Hire Top Talent Measure and improve employee engagement/ organizational health Regularly celebrate success stories Hire top talent including new capabilities (i.e. data science) Continuously develop capabilities through learning Develop rotational programs, new career path to foster innovation Adjust working model based on new requirements Implement agile forms of organization in future Digitalize and streamline HC processes "Be the #1 Employer of choice across KSA Banks" Increased Employee Engagement Initiatives Completed to Date: Key Achievements 9/9 initiatives completed 2Q 2023 100% Established new unit for occupational health Established medical clinic in HQ 2Q 2023 INVESTOR PRESENTATION ☐ Increased Training & Key Placements In cooperation with GOSI and as part of an exchange program, completed training for fresh graduates from both sides +32 employees have utilized benefits of Professional Certifications Support Program Continuous Improvement +15 Workshops conducted with bank groups & divisions for Organizational Health Index (OHI) improvements Workforce YTD 95.53% 20.50% Saudization Female rate percentage of total workforce 15/48#16Historical Financial Performance 10:00 له M 9:59 + إضافة رصير 8500.75 طلب التحويل مدفوعات مدار COD AlinmaPay 401 Pay مصرف الإنماء الرصيد تدوري إلى shase alinma bank المدفوعات الحكومية تدويل ويسترن تحويل محلي العمليات السارقة عوى الكل 200 ريال شراء من خلال نقاط البيع شراء من خلال 100 ريال المحادثات. 。 الرئيسية البطاقة المطريات digital. fast. convenient.#17Balance Sheet Track Record Solid history of strong balance sheet momentum... Total Assets (SARbn) +13% CAGR Financing (SARbn) +15% CAGR مصرف الإنماء alinma bank Customers' Deposits (SARbn) +13% CAGR 200.4 146.5 156.9 173.5 145.2 126.3 121.5 131.8 111.2 119.5 121.1 83.9 94.8 90.1 102.1 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 YOY +8% +19% +11% +16% YOY +13% +17% +14% +16% YOY +13% +17% +1% +20% NPL Ratio (%) 3.00% 2.00% 1.00% Liquidity (%) 200% 150% 1.9% 100% 50% Capitalization (%) 30% 135.0% -106.1% 20% 82.8% 10% 0% 0.00% 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 CET1 ratio 2020 2021 2022 T1 ratio CAR LDR SAMA Ratio .NSFR LCR 2Q 2023 INVESTOR PRESENTATION 19.8% 18.6% 15.8% 17/48#18P&L Track Record ...translating to consistently strong top-line growth and solid profitability Total Operating Income (SARmn) +13% CAGR Total Operating Expenses (SARmn) +14% CAGR Net Income (SARmn) مصرف الإنماء alinma bank +6% CAGR 7,963 6,660 3,484 3,624 3,954 3,599 4,845 5,610 5,682 2,783 2,857 2,322 2,535 2,709 1,966 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 YOY +16% +1% +17% +20% YOY +20% +25% +4% +9% YoY -11% -22% +38% +33% Net Profit Margin (%) 6% 4% 2% 0% 2018 Cost To Income Ratio (%) Cost of Risk (%) 2.00% 0.85% 40.0% 4.54% 38.0% 1.50% 3.62% 36.0% 1.00% 34.7% 34.0% 0.50% 1.10% 0.00% 32.0% 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2019 2020 2021 2022 Yield rate COF rate Net profit margin 2Q 2023 INVESTOR PRESENTATION 18/48#191H 2023 Financial Performance 2Q 2023 مصرف الإنماء ) alinma bank مصرف الإنماء Banking Kiosk alinma bank digital. fast. convenient.#202Q 2023 Balance Sheet Highlights Balance sheet growth from financing and investments growth funded mainly from customers' deposits مصرف الإنماء alinma bank Total Assets (SARbn) +13% Total Liabilities (SARbn) Total Equity (SARbn) +15% +3% 226.9 193.9 213.7 180.6 31.5 31.3 31.9 33.2 33.0 184.6 193.2 200.4 153.2 161.9 168.6 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 2Q 22 QoQ +5% +4% +7% +6% QoQ +6% +4% +7% +7% QoQ 3Q 22 -1% 4Q 22 1Q 23 2Q 23 +2% +4% -1% 2Q 23 Financing 2Q 23 Customers' Deposits 2Q 23 CASA Deposits 2Q 23 CASA % of Total Deposits 2Q 23 LDR SAMA Ratio 2Q 23 CAR SARbn 161.8 SARbn 177.9 87.2 49.0% 76.4% SARbn +10% YTD +23% YTD +6% YTD -7.8ppts YTD -6.5ppts YTD 2Q 2023 INVESTOR PRESENTATION 18.2% -163bps YTD 20/48#211H 2023 P&L Highlights Net income for 1H 2023 grew by 25% YoY from 32% funded income growth Total Operating Income (SARmn) Total Operating Expenses (SARmn) مصرف الإنماء alinma bank Net Income (SARmn) +32% +26% +19% 2,437 1,191 1,225 2,075 2,148 2,179 1,100 1,072 1,932 974 903 989 925 970 860 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 QoQ +7% +3% +1% +12% QoQ +8% +22% -8% -3% QoQ +7% -13% +13% +26% 1H 23 Funded Income 1H 23 Non-Funded Income 1H 23 Net Income 1H 23 Net Profit Margin 1H 23 Cost to Income Ratio 1H 23 ROE SAR 3,594 +32% YOY 2Q 2023 INVESTOR PRESENTATION SARmn 1,022 +1% YOY SARmn 2,195 +25% YoY 3.79% +37bps YOY 32.6% -2.3ppts YoY 16.0% +259bps YoY 21/48#22Balance Sheet Trends Balance sheet growth of 13% from increase in financing and investments Management Commentary ■ Growth in total assets of 13% YTD mainly driven by 10% financing growth and 4% growth in investments and 81% growth in balances with SAMA and interbank. ■ Total liabilities grew by 15% during 1H 2023 mainly from a 23% rise in customers' deposits. Total Assets Movement YTD (SARbn) 200.4 9.0 1.6 SAR (mn) مصرف الإنماء alinma bank +13% 15.3 0.5 226.9 2Q 2023 4Q 2022 A% 2Q 2022 A% Total assets 4Q 22 Cash, interbank & SAMA +81% Investments Financing Other Total assets 2Q 23 +4% +10% +13% Cash, interbank & SAMA balances 20,219 11,178 +81% 11,803 +71% Investments 40,117 38,518 +4% 37,720 +6% Financing 161,773 146,492 +10% 131,193 Other assets 4,792 4,249 +13% Total assets 226,900 Due to SAMA, banks & other Fl 9,959 Customers' deposits Other liabilities Total liabilities 177,874 6,091 193,924 200,436 16,483 145,168 6,908 168,560 Share capital 20,000 20,000 Retained earnings 5,975 4,285 +39% 5,362 3,906 +13% 184,622 +23% -40% 15,452 -36% +23% 130,376 +36% -12% 7,327 -17% +15% 153,155 +27% +0% 20,000 +0% +11% +23% +23% Total Liabilities Movement YTD (SARbn) +15% 32.7 168.6 (0.8) (6.5) Other reserves 2,001 2,591 -23% 1,105 +81% Total liabilities Tier 1 sukuk 5,000 5,000 +0% 5,000 +0% 4Q 22 Total equity 32,977 31,876 +3% 31,467 +5% Due to SAMA, banks Customers' deposits & other Fl -40% Other +23% -12% 2Q 2023 INVESTOR PRESENTATION 193.9 Total liabilities 2Q 23 22/48#23P&L Trends Net income for 1H 2023 grew by 25% YoY due to 23% income growth Management Commentary ■ Net income for 1H 2023 grew 25% YoY to SAR 2,195mn from 23% income growth. 15% higher operating expenses YoY. 2Q 2023 net income improved 32% YoY driven by 26% increase in income. Net Income Movement YoY (SARmn) +25% 869 7 1,750 SAR (mn) (199) (185) مصرف الإنماء alinma bank (51) 2,195 1H 2023 1H 2022 A% 2Q 2023 2Q 2022 A% Net income Funded 1H 22 income Non-funded Operating Impairments Associate & income Expenses JV Zakat Net income 1H 23 Funded income 3,594 2,725 +32% 1,860 1,413 +32% Non-Funded income 1,022 1,015 +1% 577 519 +11% Total operating income 4,616 3,740 +23% 2,437 1,932 +26% Operating Income Composition (SARmn) Operating Expenses 1,504 1,306 +15% 747 663 +13% Net operating income before impairment 3% 4% 0% Funded income 3,112 2,434 +28% 1,690 1,269 +33% charge 15% Impairments 668 483 +38% 325 240 +36% Net operating income 2,444 1,951 +25% 1,365 1,029 +33% Income before zakat & income tax 2,447 1,951 +25% 1,366 1,031 +32% Zakat 252 201 +25% 141 106 +32% 4,616 Fees from banking services Investment gains/dividends Exchange income 78% Other operating income Net income 2,195 1,750 +25% 1,225 925 +32% 2Q 2023 INVESTOR PRESENTATION 23/48#24Financing Increase in gross financing during 1H 2023 from 12% growth in retail financing, and 10% in corporate financing Financing, Gross (SARbn) Financing, Gross Composition (SARbn) مصرف الإنماء alinma bank +10% 135.1 143.7 150.5 157.2 165.9 13% 12% 102.2 107.9 113.2 117.0 124.2 165.9 4% 32.9 35.9 37.3 40.2 41.6 QoQ 2Q 22 +6% 3Q 22 +5% 4Q 22 +4% 1Q 23 +6% 2Q 23 Retail Financing, Gross Movement YTD (SARbn) 1.3 3.0 150.5 Corporate +10% 10.2 0.9 165.9 Total financing, Home financing Personal & other gross 4Q 22 +7% 2Q 2023 INVESTOR PRESENTATION retail financing +16% Corporate SME Total financing, +9% +17% gross 2Q 23 Corporate Total Corporate SME Home financing 75% 71% Retail 25% Personal & other retail financing Management Commentary ■ Gross financing grew 10% during 1H 2023. ■ Retail financing grew 12% YTD from strong momentum in personal & other financing +16%. ■ Total corporate financing grew 10% YTD, where mid-corporate rose 72%, and SME financing increased 17%. ■ Gross financing comprises of 75% corporate and 25% retail as at 30 June 2023. 24/48#25Investments 4% growth in investments YTD from additional investment grade securities Investments (SARbn) Investments Movement YTD (SARbn) +4% +4% 37.7 38.3 38.5 39.9 40.1 38.5 0.9 0.8 مصرف الإنماء alinma bank (0.0) 40.1 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 QoQ +1% +1% Total investments 4Q 22 Sukuk Funds +4% +1% +3% +51% Equities & other -2% Total investments 2Q 23 Investments Composition (SARbn) 33% 6% о 40.1 2Q 2023 INVESTOR PRESENTATION Investments Composition (SARbn) 6% Held at amortized cost 6% Held at FVOCI 61% Held at FVSI 40.1 ■Sukuk Funds Equities & other 88% Management Commentary ■ Investments growth of 4% during 1H 2023 was mainly attributed to 3% increase of investments in sukuk. ■ The investment portfolio as at 30 June 2023 comprised of 88% sukuk investments, 6% funds and 6% equities & other investments. 25/48#26Deposits Deposit growth of 23% driven by 6% CASA growth and 45% time deposits growth Customers' Deposits (SARbn) Customers' Deposits Movement YTD (SARbn) +23% 177.9 28.0 159.9 145.2 145.2 130.4 132.0 87.2 84.7 82.5 92.4 86.4 +23% مصرف الإنماء alinma bank 4.7 177.9 90.7 62.7 75.2 38.0 45.6 QoQ 2Q 22 +1% 3Q 22 +10% 4Q 22 +10% 1Q 23 +11% 2Q 23 Total customers' deposits Time CASA Total customers' deposits 4Q 22 2Q 23 Time CASA +45% +6% Customers' Deposits Composition CASA % of Total Deposits (%) 49.0% (SARbn) 37% 90% 70.9% 70% Retail 50% 177.9 63% 30% Non-retail 10% 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 2Q 2023 INVESTOR PRESENTATION Management Commentary ■ Deposits rose by 23% during 1H 2023 from growth in CASA and Time deposits of 6% and 45% respectively. ■ CASA deposits account for 49% of total deposits as at 2Q 2023. ■ Total deposits comprise of 63% retail and 37% non-retail deposits as at 30 June 2023. 26/48#27Income from Financing & Investments Gross funded income grew 91% from 51% growth in investment income and 98% growth in financing income Funded Income, Gross (SARmn) Funded Income, Gross Movement (SARmn) مصرف الإنماء alinma bank +92% 3,176 2,783 2,437 2,049 1,653 3,127 250 +91% 2,582 5,959 2,775 2,439 2,090 1,753 1,391 262 296 347 QoQ 2Q 22 +24% 3Q 22 +19% 4Q 22 +14% 344 1Q 23 401 +14% 2Q 23 Total funded income, Investments Financing Total funded income, gross Investments Financing 1H 22 +51% +98% gross 1H 23 Funded Income, Gross Composition (SARmn) 1% 20% 33% Funded Income, Gross Composition (SARmn) Retail Corporate 46% 5,959 Treasury 2Q 2023 INVESTOR PRESENTATION Investments & brokerage 12% Investments 5,959 Financing 88% Management Commentary ■ Gross funded income for 1H 2023 increased by 91% YoY to SAR 5,959mn from a 51% increase in funded investment income and a 98% rise in financing income. ■ Net profit margin increased by 37bps YoY to 3.79% in 1H 2023. ■ The expansion in gross funded income and net profit margin is largely reflective of the rising benchmark rates. 27/48#28Net Profit Margin مصرف الإنماء alinma bank Average balance of investments and financing grew 10%; while net profit margin saw an increase of 37bps YoY Average Balance of Investments & Financing (SARbn) Net Profit Margin QTR (%) +10% +29bps 3.89% 197.2 3.70% 3.80% 3.78% 178.9 185.2 3.49% 170.8 162.5 157.9 129.3 136.6 142.7 149.2 33.3 34.1 36.2 35.9 39.3 QoQ 2Q 22 +5% 3Q 22 +5% 4Q 22 +3% 1Q 23 +7% 2Q 23 Investments Financing Net Profit Margin Movement YoY (%) +37bps 2.19% 3.42% 0.16% Net profit margin Investments yield Financing yield 1H 22 2Q 2023 INVESTOR PRESENTATION Net Profit Margin (%) 8% 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 QoQ +40bps -19bps +10bps -2bps Management Commentary ■ 6.28% 3.79% Average balance of investments and financing grew 10% YTD. ■ The QTR net profit margin increased by 29bps YoY to 3.78%. 6% 3.93% 3.79% 4% 3.42% 2% -1.99% 2.49% 0.50% 0% COF rate Net profit margin 1H 22 9M 22 1H 23 Net Profit Margin FY 22 -Yield rate 1Q 23 1H 23 COF rate 28/48#29Fee and Other Income Non-funded income for 1H 2023 increased by 1% YoY Non-Funded Income (SARmn) Non-Funded Income Movement YoY (SARmn) +11% 577 125 40 519 480 1,015 445 402 192 222 146 136 95 385 297 307 334 308 +1% مصرف الإنماء alinma bank (108) (50) 1,022 QoQ 2Q 22 -23% 3Q 22 +19% 4Q 22 -7% 1Q 23 +30% 2Q 23 Non-funded Income Fees from banking services Other income 1H 22 Fees from banking services +22% +29% Exchange income Investment gains/dividends -45% Other income -73% Non-funded Income 1H 23 Fees from Banking Services Composition (SARmn) 9% 23% 693 ■Fund management 33% Card services Trade finance services Management Commentary ■ Non-funded income for 1H 2023 increased 1% YoY to SAR 1,022mn from improved fees from banking services and exchange income. ■ Fund management fees comprise the majority of fees from banking services at 33%, while card services fees account for 24%, other fees for 23% and trade finance services and brokerage fees represent 11% and 9% respectively. Brokerage fees 11% 24% Other fees 2Q 2023 INVESTOR PRESENTATION 29/48#30Operating Expenses 1H 2023 saw 15% growth in operating expenses YoY mainly from higher employee and G&A costs Operating Expenses (SARmn) Operating Expenses Movement YoY (SARmn) +13% +15% مصرف الإنماء alinma bank 663 710 750 758 747 88 1,306 93 18 1,504 318 319 307 305 284 69 70 74 73 80 310 334 358 367 359 QoQ 2Q 22 +7% 3Q 22 +6% 4Q 22 +1% 1Q 23 -1% 2Q 23 Operating Expenses Personnel cost D&A Other G&A Operating Expenses 1H 22 1H 23 Personnel cost D&A Other G&A +15% +13% +16% 32.6% Operating Expenses Composition Cost to Income Ratio (%) (SARmn) 45% ■Salaries & employee-related 40% 35% 34.9% 42% 48% 30% Depreciation & amortization 1,504 25% 20% Other G&A 10% 15% 1H 22 9M 22 FY 22 1Q 23 1H 23 2Q 2023 INVESTOR PRESENTATION Management Commentary ☐ Operating expenses increased 15% YoY to SAR 1,504mn for 1H 2023 mainly due to higher salaries, software maintenance expenses, POS terminal deployments, higher SMS communication, and marketing costs. +820bps positive Jaws contributed to a 2.3ppts decrease in the cost to income ratio from 34.9% to 32.6%. 30/48#31Impairments for Financing Cost of risk for 1H 2023 increased by 10bps from 35% higher credit impairment charges YoY Impairments for Financing (SARmn) Impairments for Financing (SARmn) +31% 436 337 326 273 248 2Q 22 QoQ 3Q 22 +10% 4Q 22 +60% 1Q 23 -23% Impairments Allowance Composition 2Q 23 -3% Cost of Risk (%) (SARmn) 2% 21% Retail 2% 79% 4,081 2Q 2023 INVESTOR PRESENTATION 1% Corporate 0.74% 1% 489 1H 22 مصرف الإنماء alinma bank +35% 663 1H 23 0.84% Management Commentary ■ 1H 2023 impairment charge for financing increased by 35% YoY to SAR 663mn. ■ Cost of risk for 1H 2023 increased by 10bps YoY to 0.84%. ■ 79% of impairment allowance in 1H 2023 pertains to corporate and 21% is for retail financing. 0% 1H 22 9M 22 FY 22 1Q 23 1H 23 31/48#32Non-Performing Loans NPL ratio decreased YoY Non-Performing Loans, Gross (SARbn) +7% 3.3 3.1 2.9 2.6 2.4 2.4 0.2 QoQ 2Q 22 2.6 2.5 2.5 2.2 NPL, Gross Movement YTD (SARbn) 2.9 0.2 +7% مصرف الإنماء alinma bank 10 0.1 3.1 0.5 0.7 0.6 0.2 -7% 3Q 22 +22% 4Q 22 +13% 1Q 23 -5% 2Q 23 Total NPL 4Q 22 Retail Corporate Total NPL 2Q 23 Retail Corporate +36% +2% NPL Composition (SARbn) 80% C 3.1 20% 2Q 2023 INVESTOR PRESENTATION NPL Ratio (%) 3.00% 2.50% 1.90% 1.94% 2.11% 1.89% 1.67% 2.00% Retail 1.50% 1.00% Corporate 0.50% 0.00% 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 Management Commentary ■ NPL ratio decreased by 1bps YoY and 22bps QoQ to 1.89% in 2Q 2023. ■ Retail financing, which account for the smaller proportion of NPLs, increased by 36%, while corporate NPLs increased by 2% YTD. ■ The NPL ratio for retail stood at 1.5% while corporate stood at 2.0% as at 2Q 2023. 32/48#33NPL Coverage NPL coverage decreased YoY Stage-Wise Financing, Gross (SARbn) +10% 135.1 143.7 150.5 157.2 165.9 3.3 2.4 2.9 3.1 7.0 2.6 8.5 7.8 9.0 8.9 123.6 132.3 139.1 146.0 QoQ 2Q 22 +6% 3Q 22 +5% 4Q 22 +4% 1Q 23 +6% Stage 1 NPL Coverage Ratio (%) Stage 2 Stage 3 مصرف الإنماء alinma bank Stage-Wise Financing, Gross Composition (SARbn) 155.7 2Q 23 4% 2% C 165.9 Stage-Wise Coverage (%) 75% 58.4% 56.1% 56.8% 57.1% 52.2% 300% 55% 200% 150.1% 155.5% 136.3% 121.5% 130.1% 35% 19.4% 18.9% 19.3% 19.4% 21.1% 100% 15% 0% 0.5% 0.5% 0.5% 0.5% -5% 0.5% 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 ■Stage 1 ■Stage 2 Stage 3 2Q 2023 INVESTOR PRESENTATION 94% Stage 1 Stage 2 Stage 3 Management Commentary ■ NPL coverage decreased by 20ppts YoY to 130.1%. Stage 1 coverage remained stable YoY at 0.5%. Stage 2 coverage increased, while the stage 3 coverage trend was impacted by write-offs during 1H 2023. 33/48#34Capitalization Capital grew 4% YTD while ROE saw an increase of 2.6ppts YoY Total Capital (SARbn) Risk Weighted Assets (SARbn) مصرف الإنماء alinma bank +13% +4% 33.9 33.8 34.4 35.8 35.7 187.7 196.3 168.2 173.6 155.1 0.6 3.2 2.2 2.3 2.4 0.4 6.0 6.0 1.8 1.9 2.0 0.8 12.3 12.7 11.9 32.1 31.8 32.4 33.6 33.3 142.4 153.5 178.5 189.7 160.5 QoQ 2Q 22 -0% 3Q 22 +2% 4Q 22 +4% 1Q 23 -0% 2Q 23 QoQ 2Q 22 +8% 3Q 22 +3% 4Q 22 +8% 1Q 23 +5% 2Q 23 Tier 1 Capital Tier 2 Capital Credit Operational Market Capitalization (%) Profitability (%) 20% 25% 21.8% 20% 15% 18.2% 15% 13.4% 10% 10% 5% 5% 2.0% 0% 0% 1H 22 9M 22 FY 22 1Q 23 1H 23 1H 22 9M 22 FY 22 1Q 23 ROAE 2Q 2023 INVESTOR PRESENTATION .ROAA 1H 23 16.0% 2.1% Management Commentary ■ Total Capital grew 4% to SAR 35.7bn YTD while Risk Weighted Assets grew 13% YTD. ■ CAR has declined 3.6ppts YoY to 18.2% due to increase in credit risk weighted assets. ■ ROE saw an increase of 2.6ppts while ROA remains at 2.1% YoY. 34/48#35Liquidity Alinma's liquidity position is healthy and comfortably within regulatory limits NSFR (%) LDR SAMA Ratio (%) 100% 120% 112.1% 110.5% 110% 106.1% 107.0% 103.2% 100% 90% 80% 82.8% 100% 70% 90% 2Q 22 3Q 22 4Q 22 1Q 23 Leverage Ratio (%) 20% 16.4% 15% 10% 5% NSFR 2Q 23 Regulatory Minimum LCR (%) 60% 2Q 22 3Q 22 4Q 22 LDR SAMA Ratio مصرف الإنماء alinma bank 1Q 23 - Regulatory Maximum 90% 76.4% 2Q 23 Management Commentary ■ NSFR improved 5.1ppts QoQ to reach 112.1%. ■ LDR ratio decreased 6.4ppts YoY to 76.4%. 100% ■ The leverage ratio decreased 295bps YoY to 13.5%. 200% 156% 13.5% 139% 129% 134% 134% 150% 100% 50% 3% 0% 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 .LCR Regulatory Minimum 0% 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 Leverage ratio Regulatory Minimum 2Q 2023 INVESTOR PRESENTATION ■ 2Q 2023 LCR increased 17ppts YoY to 156%. 35/48#36Segmental Performance 2Q 2023 10:13 ← Прау Sign Up Full Noma Mohamed Mostafa Mobile Number 050000000 ID Number 1234567890 Email [email protected] Password Confirm Password I agree to AlinmaPay Terms of Service Submit عربي مصرف الإنماء alinma bank digital. fast. convenient.#37Segmental Performance Highlights Retail and corporate comprise the majority of segmental income Operating Income Composition (SARmn) Net Profit Before Zakat Composition (SARmn) 12% 35% 10% Retail Corporate 43% 4,616 Treasury Investments & brokerage Customers' Deposits Composition (SARbn) Retail 37% 177.9 63% Non-retail 2Q 2023 INVESTOR PRESENTATION 12% 16% 47% 2,447 25% Financing, Gross Composition (SARbn) 25% 165.9 75% مصرف الإنماء alinma bank Corporate Retail Treasury Investments & brokerage Corporate Retail 37/48#38مصرف الإنماء alinma bank Segmental Performance Highlights Retail and Corporate reported growth in operating income YoY Operating Income Movement YoY (SARmn) Net Income Before Zakat Movement YoY (SARmn) 603 447 3,740 +23% 72 4,616 725 1,951 15 +25% 47 2,447 (245) (291) Total operating income 1H 22 Retail Corporate Treasury +44% +38% -30% Investments & Total operating brokerage income +20% Income before Retail Corporate Treasury 1H 23 Zakat 1H 22 +3% +169% -43% Investments & brokerage +19% Income before Zakat 1H 23 Customers' Deposits Movement YTD (SARbn) 145.2 14.9 +23% Financing, Gross Movement YTD (SARbn) 17.8 177.9 150.5 4.3 +10% 11.1 165.9 Customers' deposits Retail Non-retail 4Q 22 Customers' deposits 2Q 23 Financing, gross Retail Non-retail 4Q 22 Financing, gross 2Q 23 +15% +37% +12% +10% 2Q 2023 INVESTOR PRESENTATION 38/48#39Segmental Performance - Retail Strong financing and deposit growth driving operating income growth of 44% YoY مصرف الإنماء alinma bank SAR (mn) Retail NPL (%) 1H 2023 1H 2022 A% 2Q 2023 2Q 2022 A% 2.0% 1.6% Income from investments and financing, net 1,830 1,222 +50% 945 652 +45% 1.2% Fees from services & other income 147 153 -4% 83 94 -12% 0.8% Total operating income 1,977 1,375 +44% 1,029 747 +38% 0.4% Total operating expenses 774 724 +7% 379 367 +3% 0.0% Total charges/(reversals) for impairments 581 44 +1213% 255 73 +249% 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 Income for the period before zakat 621 606 +3% 394 307 +29% Retail Deposits (SARbn) Retail Financing (SARbn) +15% +12% 112.0 92.0 91.1 97.1 102.1 32.9 35.9 37.3 40.2 41.6 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 QoQ -1% +7% +5% +10% QoQ +9% +4% +8% +3% 2Q 2023 INVESTOR PRESENTATION 1.5% Management Commentary ■ Retail operating income rose by 44% YoY to SAR 1,977mn from 50% increase in funded income. ■ Retail net income rose by 3% YoY due to a significant increase in funded income. ■ Retail deposits increased 15% while financing increased by 12% during 1H 2023. ■ The retail NPL ratio increased during 1H 2023 to 1.5%. 39/48#40Segmental Performance - Corporate Strong income growth and lower impairments translate to significant net income growth YoY SAR (mn) 1H 2023 1H 2022 A% 2Q 2023 2Q 2022 A% Financing, Gross Composition (SARbn) Income from investments and financing, net 1,402 1,020 +37% 693 524 +32% 29% Fees from services & other income 235 171 +38% 116 83 +39% Total operating income 1,637 1,190 +38% 809 607 +33% Total operating expenses 398 319 +25% 196 163 +20% 7% Total charges/(reversals) for impairments 86 443 -81% 76 174 -56% Income for the period before zakat 1,153 428 +169% 537 270 +99% Corporate Deposits (SARbn) Corporate Financing (SARbn) 18% 124.3 16% 11% 9% 10% +63% +10% 38.6 102.2 107.9 113.2 117.0 124.3 28.4 24.4 23.7 23.7 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 QoQ -3% +0% +20% +36% QoQ +6% +5% +3% +6% 2Q 2023 INVESTOR PRESENTATION مصرف الإنماء alinma bank Real Estate Services Government Commerce Manufacturing Building & construction Other Management Commentary ■ Corporate operating income increased by 38% YoY mainly from an increase of 37% in funded income. ▪ This income growth, together with lower impairments, translated to 169% net income growth despite a 25% rise in operating costs. Corporate financing rose by 10% during 1H 2023 while corporate deposits increased 63%. ■ The corporate NPL ratio decreased 29bps YoY to 2.02%. 40/48#41Segmental Performance - Treasury Income and net income decreased YoY SAR (mn) 1H 2023 1H 2022 A% 2Q 2023 2Q 2022 A% Investments (SARbn) مصرف الإنماء alinma bank +4% Income from investments and financing, net 309 438 -29% 195 214 -9% Investment-related income 134 241 +45% 88 147 +40% 37.7 38.3 38.5 39.9 40.1 Fees from services & other income 122 130 -6% 52 50 +3% Total operating income 565 809 -30% 335 411 -19% Total operating expenses 187 138 +35% 95 69 +37% Total charges/(reversals) for impairments 2 1 +94% (3) (1) +160% Net operating income 375 670 -44% 244 344 -29% Share of loss from an associate and joint venture 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3 0 1 2 -58% QoQ +1% +1% +4% +1% Income before Zakat 379 670 -43% 245 346 -29% Treasury Assets (SARbn) +21% 59.0 63.4 51.5 51.3 52.4 2Q 22 3Q 22 4Q 22 1Q 23 QoQ -0% +2% +13% 2Q 2023 INVESTOR PRESENTATION 2Q 23 +7% Management Commentary ■ Treasury operating income fell by 30% YoY to SAR 565mn in 1H 2023 due to decrease in income from investment by 29%. Treasury assets rose by 21% during 1H 2023 to SAR 63.4bn, driven by 4% growth in the investment portfolio to SAR 40.1bn. 41/48#42Segmental Performance - Investments & Brokerage Modest operating income growth in 1H 2023 SAR (mn) Assets Under Management (SARbn) 1H 2023 1H 2022 A% 2Q 2023 2Q 2022 A% مصرف الإنماء alinma bank -2% 77.5 Income from investments and financing, net 73.5 76.2 75.6 74.7 53 46 +16% 26 23 +16% Fees from services & other income 384 320 +20% 238 144 +66% 438 366 +20% 265 167 +59% Total operating income Total operating expenses 145 124 +17% 76 64 +20% Income before Zakat 294 247 +19% 190 108 +76% 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 QoQ -5% +4% -1% -1% Brokerage Trading Income (SARmn) +26% 49.3 62.2 Brokerage Trading Values (SARbn) 63.1 -47% 33.3 1H 22 1H 23 1H 22 1H 23 Management Commentary ■ Investment and brokerage (I&B) operating income rose by 20% YoY to SAR 438mn from 20% increase in non-funded income. ■ I&B net income increased 19% YoY. Brokerage trading income for 1H 2023 increased by 26% while brokerage trading values decreased 47% YoY, and AUM decreased by 2% YoY. 2Q 2023 INVESTOR PRESENTATION 42/48#43Outlook & Guidance 1158< 2Q 2023 Lean My سداد 0 7512 SAR U OSM -1 11a SA 1660 201 satst مصرف الإنماء alinma bank digital. fast. convenient.#44Guidance مصرف الإنماء alinma bank Acceleration of strategic execution drives a promising outlook for 2023. Revised guidance for financing growth, NPM and COR 2Q 2023A Drivers Balance Sheet Financing Growth +10% YTD Strong Mid-Corp, SME & Retail growth from strategic initiatives; pick up in corporate financing 2023G High teens (Revised from Mid teens) Net Profit Margin 3.79% +37bps YoY Rising rates and funding mix supportive of improving margin +30bps to +40bps (Revised from +35bps to +45bps) Profitability Cost to Income Ratio 32.6% Growth in income, digitization & process optimization driving efficiencies, partly offset by strategic investments Below 32% Return on Equity 16.0% Improving NPM, efficiency and COR driving improving ROE Above 17% Asset Quality Cost of Risk 0.84% Cautiously expecting stable credit quality and NPL coverage, leading to COR moderation 65-75bps (Revised from 60-70bps) Capital CAR Pillar 1 2Q 2023 INVESTOR PRESENTATION 18.2% Increasing RWAs from strong expected financing growth Return on Equity Target for 2025 above 18% 17%-18% I I 44/48#45Appendix 2Q 2023 مصرف الإنماء alinma bank digital. fast. convenient.#46Sustainability Alinma Bank released its 2022 Sustainability Report مصرف الإنماء alinma bank Inaugural Sustainability Report 2022 DIGITAL. FAST. CONVENIENT. مصرف الإنماء alinma bank The first step for the Alinma journey to complete disclosure and reporting for all material factors to give investors and other stakeholders the complete picture on sustainability credentials and progress. It has been prepared using a Materiality Matrix methodology which identifies the Environmental, Social and Governance elements of our business that carry the most importance for both the bank and for its stakeholders. 2Q 2023 INVESTOR PRESENTATION To view the report, please visit: ir.alinma.com 46/48#47IR Contacts مصرف الإنماء alinma bank Ahmed Sager Head of Investor Relations Mobile: +966-53-775-3352 Direct: +966-11-218-6364 Email: [email protected] Ibrahim Al Khudair Investor Relations Assistant Manager Mobile: +966-55-788-5520 Direct: +966-11-218-6181 Email:[email protected] Visit our new website here for more investor disclosures: Financial statements Annual reports Investor presentations Earnings call transcripts Al Anoud Tower, King Fahad Road P.O. Box 66674, Riyadh 11586 Kingdom of Saudi Arabia Tel.: +966-11-218-5555 Fax: +966-11-218-5000 Website: www.alinma.com digital. fast. convenient.#48Disclaimer مصرف الإنماء alinma bank This presentation is being provided to you for general information purposes only. The information contained in the presentation has been obtained from sources believed by Alinma Bank ("Alinma") to be up to date, correct and reliable, but Alinma does not make any representation or warranty, express or implied, with respect to the fairness, correctness, accuracy, reliability, reasonableness or completeness of the information so provided and/or the opinions or analyses drawn therefrom. The information provided does not constitute or form part of any legal advice or legal opinion. No advisory, fiduciary or other relationship is created between Alinma and you or any person accessing or otherwise using any information so provided in the presentation, nor does the information constitute an offer or invitation to sell or issue, or a solicitation of any offer to purchase or subscribe for, securities, nor shall it or any part of it, nor the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision in relation thereto. It is not a recommendation by Alinma to purchase securities. Before using the information so provided, you must seek your own independent advice in relation to any investment, financial, legal, Shariah, tax, accounting or regulatory issues discussed and the presentation shall not be construed as constituting tax, investment or legal advice. Analyses and opinions contained herein may be based on assumptions that if altered can change the analyses or opinions so expressed. Nothing contained herein shall constitute any representation or warranty as to future performance or results of any financial instrument, credit, currency, rate or other market or economic measures. Furthermore, past performance is not necessarily, and shall not be deemed to be, indicative of future results. Alinma and its affiliates, and any of its directors, officers, employees, agents, advisors, contractors, and suppliers, disclaim liability and, thus, will not be liable for any loss, damages, actions or course of actions, of whatsoever nature, arising out of or in connection with the use of, or reliance on, this presentation. Any opinion, estimate or projection in this presentation constitutes an opinion, estimate or projection as of the date of this presentation, and no assurance is hereby made that future results will be consistent with any such opinion, estimate or projection. Further, Alinma has no obligation to update, modify or amend either this presentation or the information therein provided or to otherwise notify any recipients of the presentation if any of the information, opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate. The information in this presentation is subject to change without notice, and it may be incomplete or condensed, and it may not contain all material information concerning Alinma. This document has been furnished to you solely and exclusively for your information. It is not intended for distribution to the press or other media, or for any public distribution, and may not be reproduced or redistributed by mail, facsimile, electronic or computer transmission or by any other means to any other person without the express consent of Alinma. By accepting this document you agree to be bound by the limitations set out in this disclaimer. The distribution of this document in other jurisdictions may be restricted by law and persons who come into possession this document must inform themselves about, and observe and obey, any such restrictions. You understand that in order for you to be eligible to view the Information, you must be a "sophisticated investor" within the meaning of the Offers of Securities Regulations issued by the Capital Market Authority of the Kingdom of Saudi Arabia, and either you must have the expertise, or you must consult a financial advisor, for you to evaluate the performance of securities under changing conditions. The costs of such an evaluation will be solely for your account. 48/48