#1Investor Presentation 9M 2023 November 2023 ADIB مصرف أبوظبي الإس ــلام ADIB IR Website IR App Download link: Download on the App Store GET IT ON Google Play#2= Contents 9M 2023 Investor Presentation 1 ADIB Profile 2 II = 3 Operating Environment Strategy 4 ESG = 5 5 = 6 = 7 Financial Performance Segmental Performance Performance Track Record = 8 Appendix مصرف أبوظبي الإسلامي ADIB 2#3ADIB Profile 9M 2023 Investor Presentation ADIB مصرف أبوظبي الإس ــلام 12345678#4Abu Dhabi Islamic Bank Today ADIB is a digitally advanced Islamic Bank serving as a lifelong partner for its customers, colleagues and community مصرف أبوظبي الإسلامي ADIB #1 Bank for UAE Nationals A Leading Islamic Bank Advanced Digital Bank Leader in Customer Satisfaction 15% UAE retail market share AED 184bn Total Assets 76% Digitally Active Customers 55% 146 Market share of UAE Branches Nationals in Abu Dhabi 530K UAE Nationals 544 ATMs 48% Digital sales #1 in UAE NPS #1 in UAE Bank Banker FT 98% Straight Through Processing #1 in UAE Safest Islamic Bank by Global Finance 4#5= ADIB Key Highlights ADIB is a leading UAE Bank and one of the largest Islamic banks world-wide Presence in 7 markets United Kingdom Iraq Qatar Egypt United Arab Emirates Sudan Saudi Arabia Employees 5,000 Customers 1.2mn Solid Ratings Value Drivers (9M 2023) ROE 26.4% ROA 3.02% Market Cap* P/B Ratio AED 39bn MOODY'S A2 Stable Outlook Fitch Ratings A+ Stable Outlook MSCI ESG RATINGS A * At 01/11/2023 مصرف أبوظبي الإسلامي ADIB Market leader CASA Ratio 65.6% Net Profit Margin 4.48% Cost of Risk 0.50% 2.16x Total Assets AED 184bn Financing AED 118b bn EPS Investments Deposits AED0.91 AED 23bn AED 152b bn Net Income C/I Ratio AED 3.75bn 32.6% Revenues AED 6.7bn CAR 18.0% LO 5#6= Business Segments ADIB's business is comprised of 4 main segments % of Group Revenue Business Segment Description DOOO Retail Banking مصرف أبوظبي الإسلامي ADIB Targets individuals and SME entities with main focus on UAE Nationals and mass affluent segment Product ranges offered include everyday banking products such as current accounts, deposits, cards, finance, wealth products, etc. Wholesale Banking Treasury Focuses on large corporates, Governments, GRES and Fls Product offerings include investment and corporate finance, corporate banking, contracting and commercial banking, transaction banking, liquidity, trade finance, payments and cash management services. ADIB offers wholesale banking internationally in Iraq, Qatar and Sudan. Offers risk management; an active investor in the global sukuk market, offering investment opportunities to customers and using debt assets to manage the bank's balance sheet. Expertise in FX, rates, hedging, money markets, equity and debt execution. Treasury also manages ADIB's balance sheet and asset/liability mix. Other, incl. Associates and Subsidiaries ADIB is present in the following countries for the following services: • ADIB UAE offers private banking and real estate asset class • ADIB Egypt caters to the needs of corporate and retail customers. • ADIB UK offers commercial and industrial real estate asset class 6#7= Consistent dividend distribution ADIB consistently distribute dividends with average yield of 4.5% - Shareholder Return Metrics 10 9 8 7 8.0% 6 Share Price 4 Dividend Yield 3 2 1 9.9% 4.1% مصرف أبوظبي الإسلامي ADIB 6.2% 7.6% 7.0% 6.5% 5.1% 5.4% 4.4% 4.5% 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Net Profit in AED mn 1,201 1,450 1,751 1,934 1,954 2,300 2,501 2,601 1,604 2,330 3,619 Cash Dividend Payout ratio 50.0% 50.0% 40.0% 39.8% 39.8% 39.8% 39.8% 38.2% 46.6% 48.5% 49.2% (% of Net Profit) Cash Dividend 25.4% 30.7% 23.3% 24.3% 24.5% 28.9% 27.4% 27.4% 20.6% 31.1% 49.0% (% of Share Capital) Cash dividend in AEDmn 601 725 700 770 778 915 995 994 747 1,130 1,779 Bonus shares 635.3 Bonus shares 26.9% (% of Share Capital) 7#8= Market Metrics & Ownership Structure ADIB is a liquid stock with 18% foreign ownership Key Metrics* - Market Cap AED 41bn Share Price (AED) 12.00 Free Float 52 w High 40% AED 11.54 10.00 Velocity 15% FOL Limit 40% 8.00 6.00 5.79 52 w Low AED ED8.91 4.00 مصرف أبوظبي الإسلامي ADIB 11.26 2.00 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 ADIB Stock Liquidity 30% 25% 4,490 = Ownership Structure* 6,000 5,275 3,520 4,621 TH H 20% 3,316 26% 15% 17% 10% 5% 0% 14% 5,000 Other UAE Nationals 35.7% 4,000 3,000 15% 15% 2,000 1,000 0 Foreign Ownership 17.6% 2019 Value Traded (AEDmn) * At 30/09/2023; 2020 2021 2022 FY2023 (Annualized) Velocity (%) Emirates International IC 46.7% 00 8#9= Recent Achievements and Accolades ADIB's recognition for excellence in Islamic banking Awards received in 2022 IFN IFN Best Islamic Bank in the UAE, Forbes #1 UAE bank on Forbes' List of the World's Best Banks 2021 Iraq and Egypt Global Finance Best bank in the UAE مصرف أبوظبي الإسلامي ADIB Most Innovative Islamic Bank Global Finance Best Islamic Bank in ESG Digital Banker Best Digital Banking Innovation Global Finance Most Innovative Bank in the Middle East Banker FT Best Bank in UAE Digital Banker Best Islamic Retail bank Global Finance Safest Islamic Bank Banker Best Private Islamic Bank The Asian Banker Best Islamic Bank in the Middle East 9#10- Outlook and Guidance Solid financial & strategic foundations drive a promising outlook for 2023 - Market Outlook - Solid GDP growth Real GDP growth (%) 7.4% 3.9% 3.4% 1 Management Guidance Gross Financing Growth Executing ADIB's growth strategy against the backdrop of an economic expansion مصرف أبوظبي الإسلامي ADIB 9M 2023 Actual FY2023 Guidance 4% YTD 5% to 8% 2021 2022 2023 = Net Profit Margin - Oil prices to remain supportive Benefit of rate hikes offset by continued competitive yield pressure 4.48% ~4.5% Brent Price/Barrel (avg) (USD) 70 2021 Inflation to moderate 102 92 - Cost of Risk 2022 2023 Stable credit quality outlook and continued build-up of prudent provisioning 0.50% 0.55% to 0.65% UAE Inflation (avg) (%) 4.8% Cost to Income Ratio 3.1% -0.1% Stable cost base from disciplined management and digital efficiencies with expected growth in revenue 32.6% Below 35% 2021 2022 2023 Expenditure expected to remain at 2022 level Government expenditure % of GDP (%) Return on Equity 26% 26% 27% Solid expected profit growth and focus on capital-efficient income growth expected to drive further ROE increase 26.4% Above 22% 2021 2022 2023 10#11Operating Environment 9M 2023 Investor Presentation ADIB مصرف أبوظبي الإس ــلام 1 2345678#12= Macroeconomic Overview UAE economy continues to remain robust despite global headwind GDP growth continues to outperform global economies driven by rising oil prices, domestic consumption and liquidity Real GDP Growth (%) and Nominal GDP (AEDbn) Rising oil prices to improve economic outlook Brent Price/Barrel (Avg) (USD) 15% مصرف أبوظبي الاسلامي ADIB 101.5 92.0 100 71.0 70.4 64.0 42.3 50 0 1,864 1,869 2,000 2018 10% 1,568 1,535 1,524 7.4% 1,283 5% 3.9% 3.4% 1.2% 0% 90 -5% -6.1% 1,500 3.4% = 2019 2020 Improved inflation forecasted for 2023 UAE Inflation (avg) (%) 10.0% 3.1% 1,000 0.0% -10.0% 2018 500 2021 2022 2023 4.8% 3.1% -0.1% -1.9% -2.1% 2019 2020 2021 2022 2023 Government Expenditure to GDP expected to remain stable Government Expenditure % of GDP (%) -10% 0 40% 2018 2019 2020 2021 2022 2023 UAE Nominal GDP Real GDP growth 31% 28% 30% 27% 26% 26% 27% 20% 2018 2019 2020 2021 2022 2023 INTERNAL | 12#13= UAE Banking Sector Update (1) Modest financing growth in recent years reflecting economic conditions and banking sector penetration Financing, Advances & Overdrafts (AEDbn) = Size of the UAE Banking Sector = QoQ +4% 1,873 1,879 1,896 1,945 1,953 3Q 22 4Q 22 1Q 23 2Q 23 Aug-23 +0.3% +1% +3% +0.4% Bank Deposits (AEDbn) +10% 2,187 2,222 2,306 2,382 2,404 3Q 22 4Q 22 1Q 23 2Q 23 Aug-23 QoQ +2% +4% +3% +1% Sources: UAE Central Bank, Economic Intelligence Unit مصرف أبوظبي الإسلامي ADIB UAE Gross Banking Assets (Aug 2023) AED 3.9, tr UAE Gross Banking Assets (as % of GDP) 209% Market Landscape (Aug 2023) 83% Share of Conventional Banks (Total Assets) 17% Share of Islamic Banks (Total Assets) 12% Share of Foreign Banks (Total Assets) 13#14= UAE Banking Sector Update (2) Moderation of sector liquidity, higher rates environment improving profitability - مصرف أبوظبي الإسلامي ADIB Capitalization (%) Liquidity (%) 19% 90% 79.1% 76.4% 75.6% 17.8% 74.8% 17.5% 18% 17.4% 18.2% 80% 73.8% 70% 17% 16.9% 17.0% 60% 50% 16% 15.8% 16.6% 16.3% 40% 16.2% 15.3% 15% 30% 18.0% 17.3% 19.1% 19.7% 20.8% 20% 14% 14.0% 14.8% 14.5% 14.4% 10% 13% 0% 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 1H 22 9M 22 FY 22 1Q 23 1H 23 ⚫CET1 ratio -T1 ratio CAR ratio Lending to Stable Resources Ratio Eligible Liquid Assets Ratio (ELAR) Interest Rates (%) 6% Yield and Funding Cost (%) 5.15% 5.31% 7% 6.30% 6.60% 6.00% 4.90% 6% 5% 5.10% 4.94% 5.06% 5% 4.30% 4% 4.70% 4% 2.59% 3% 1.95% 3% 2% 2.00% 2.20% 2.30% 1.40% 2.38% 2% 1% 1.77% 1% 0.90% 0% 0% 9M 22 FY 22 1Q 23 1H 23 9M 23 1H 22 9M 22 FY 22 1Q 23 1H 23 LIBOR: USD 3M Average Sources: UAE Central Bank, S&P Capital IQ EIBOR: AED 3M Average Average cost on bank deposits Average yield on credit 14#15ADIB Strategy 9M 2023 Investor Presentation ADIB مصرف أبوظبي الإس ــلام 1234567∞ 8#16= ADIB Strategy Our purpose, values and vision are supported by a clear set of strategic goals = Purpose Vision Values We keep it simple and sensible ‣ 4-Pillar Strategy Lifelong partner for customers, colleagues and community To be the world's most innovative Islamic bank We are transparent We work for mutual benefit مصرف أبوظبي الإسلامي ADIB We nurture hospitality and tolerance We are Shari'a inspired Continuous Innovation Segment Focused Digital Excellence Sustainable Future 16#17= Update on Strategy Progress ADIB continues to deliver on its strategy in 2023 Continuous Innovation Key product launches • Salary cash back campaign Digital on-boarding for business banking ⚫ New cash back card UAE's first long term home finance fixed rate • Remittance programs to new corridors Amwali Youth Account 10,701 Accounts Asset Management $142 mn Global Sukuk Fund Segment Focused UAE Nationals Grow wholesale banking Retail sales Attract new customers +52,300 +7% +14% +157,000 New to bank UAE Nationals Financing growth YoY Asset growth YoY New customers مصرف أبوظبي الإسلامي ADIB Payment Service AED 3.9 mn Revenue Deepen relationships 1.50 Cross-sell Ratio Digital Excellence Digitize processes Digitize channels Automate processes Leverage digital channels Paperless strategy: 91% Overall STP 98% Payments: Volumes received from Mobile App & Online Channels 49% Personal finance 63 bots 4.70/5 4.54/5 AppStore rating * Google Play rating 5m Papers Saved (2022) Sustainable Future Leader in financial conduct Employer of choice Included in ESG MSCI MSCI GRI Sustainable Derions ESG RATINGS Leaders Index $2bn in sustainable finance 78% Employee engagement index Best customer experience #1 Number 1 bank NPS in UAE: 78% 17#18ESG Strategy 9M 2023 Investor Presentation ADIB مصرف أبوظبي الإس ــلام 123 3 4 5698#19= ADIB's ESG Strategy ADIB is committed to supporting the UAE's ambitious agenda to promote sustainable growth and development ADIB's ESG Approach A defined ESG strategy with a three-year roadmap towards sustainability with a key objective for ADIB to become a leader in innovative and Islamic banking Dho مصرف أبوظبي الإسلامي ADIB Established Board and management ESG Committee to oversee responsibilities regarding ADIB's ESG/sustainability strategies, objectives, and overall performance ADIB's ESG Integration Launched Sustainable Finance Framework to finance or refinance eligible green and social projects Launched an ESG Policy Framework which defines ADIB's ambitions and approach to incorporate ESG in its banking operations Integrate the ESG considerations into investment and financing decisions through a defined ESG risk due diligence toolkit ADIB's ESG Performance • • MSCI ESG Rating A • MSCI EM ESG Leaders Index Sustainalytics Medium risk S&P Global ESG Score 41 · Recognized as the Best Islamic Bank in ESG by Global Finance • GHG Emissions Reduction (Scope 1 & 2) 14% Energy Intensity Reduction 26% • LEED Certificates 6 • Local Suppliers Engaged 305 • Women Workforce 39.4% • ISO 45001 Occupational Health and Safety • ISO 9001 Quality Management System • ISO 27001 Information Security 19#20= Key Pillars of ADIB's ESG Strategy ADIB's initiatives distributed under three strategic pillars Maximize Positive Impact The world's most Innovation Islamic bank Sustainable Future Embed Sustainability and ESG framework into our existing Islamic banking DNA Be A Lifelong Partner مصرف أبوظبي الإسلامي ADIB Maintain High Standards of Governance 1. Issue sustainable/ green finance products 2. Develop a net zero strategy including finance emissions 3. Launch sustainable finance framework 4. Integrate ESG considerations and due diligence in investment & finance decisions 5. Be part of equator principles and PRB 6. Build internal capabilities to support customers' transition to low carbon economy 1. Develop financial inclusion policy and programs 2. Establish financial literacy programs for SMEs 3. Develop a gender diversity strategy 4. Develop Employee wellbeing plan 5. Become an increasingly learning- oriented organization 6. Implement Emiratization strategy 7. Drive social responsibility via community engagements and volunteerism 1. Integrate ESG in governance structure 2. Develop ESG procurement strategy 3. Cultivate ESG driven culture through trainings and Key Performance Indicators 4. Attain best-in-class data privacy and cybersecurity 5. Report on ESG as per market and legal requirements 20#21= ADIB Sustainable Finance Framework مصرف أبوظبي الإسلامي ADIB 7 AFFORDABLE AND Renewable Energy Production, components, transmission and distribution infrastructure of renewable energy: Solar (PV & CSP); Onshore and Offshore wind; Geothermal; Hydropower; Bioenergy; Hydrogen and Ammonia O NOUSTRY NINATION MONASTRICTIMS • Products or technologies which reduce energy consumption by 30% • Energy Efficiency Existing district cooling or heating systems which result in 30-50% energy savings CLEAN ENERGY 7 AND 18 DECENT WORK AND ECOHENIC GROWTH • Smart grids with a clear linkage to renewable energy technologies and storage of renewable energy Σ • Manufacture of energy efficiency technologies including LED lights and smart grid meters • PL Green Buildings Green buildings which are certified at minimum of BREEAM Excellent, LEED Gold, GSAS 4 star, HQE Very Good, BCA Green Mark Gold Plus, Estidama Pearl 4 Pearls Energy efficiency improvements of at least 30% through retrofits SYNTON NOWFRASTRUCTURE Pollution Prevention and Control Recycling plants converting waste into new materials Soil remediation projects such as land remediation for urban land sites RESPUMOBLE 12 CONSUMPTION AND PREDUCTION Sustainable Water • and Wastewater • Management • Water desalination projects running on reverse osmosis technology with carbon intensity of less than 100gCO2e/kWh over the residual asset life Water collection, recycling, transportation, treatment projects including water and wastewater treatment plants, sewer systems and pumping stations Projects to increase water-use efficiency by at least 20% LITER ALDEANAM • Electric vehicles with zero direct emissions Clean • Hybrid vehicles with emissions intensity lower than 50gCO2e/p-km Transportation • • Infrastructure to enable cleaner modes of transport such as EV charging stations, bicycles/e-bicycles/e-scooters infrastructure, waking paths Rail and bus rapid transport infrastructure Construction and retrofit of public schools, universities and university campuses • Access to Essential • Facilities and services to improve access to child or tertiary education, and vocational training Activities such as school transportation service Services • Development, expansion or acquisition of hospitals, laboratories, clinic, healthcare and hospices • Health-related R&D programs supporting new medicines, treatments, vaccines or health equipment • Activities to strengthen provision of early warning systems to monitor healthcare systems for potential risks and provide alerts (Mi) Employment Generation 晶圓 Affordable Housing Financing of local SMEs as defined by local UAE central bank regulation including businesses owned and operated by minority groups such as people of determination, women and migrants Development and construction of social housing or affordable housing projects which are defined and eligible under local regulated programs for low-income households SUSTUHYELECITIES OCENA DECENT WORK AND QUALITY LOCATION OECHENIC GROWTH 3 HEALTH AND WELL BEING W❤ DECENT WORK AND ECONOMIC GROWTH ONDUSTRENOVATION MONSTRICTURE SUSTONVALECITES 1 DEEW 21#22= ADIB Sustainable Finance Framework Use of Process مصرف أبوظبي الإسلامي ADIB ISS CORPORATE SOLUTIONS • Net proceeds will be used to finance or refinance eligible green assets, businesses, projects and investments aligned with the eligibility criteria. The eligible projects portfolio may include new or existing projects with a maximum 3 years look back period ADIB has obtained a Second Party Opinion from ISS Corporate Solutions Process for Project Evaluation and Selection • ADIB has developed an ESG due diligence toolkit to identify and assess deals with clear environmental or social benefits ⚫ The ESG assessment provides a powerful ex-ante and ex-post means to oversee and monitor ESG risks in financing and investing activities while supporting positive engagements with clients on key ESG topics • ADIB'S ESG department and a sustainable finance working group established within the ESG department, will review the use of proceeds and approve or reject deals to ensure compliance with the Sustainable Finance Framework Management of Proceeds • Net proceeds of Sustainable Finance Transactions will be fully allocated within 24 months from issuance, and maintained in a separate Sustainable Finance Register • ADIB will ensure an adequate balance of green/social assets is maintained to match issuance amounts at all times. Unallocated net proceeds will be placed in short-term Shari'a compliant instruments • ADIB's ESG Board Committee, with the support of the ESG department, will review the Sustainable Finance Register on a semi-annual basis to ensure all eligible assets meet the eligibility criteria in the framework Reporting • ADIB will report on the allocation and impact of net proceeds on an annual basis until full allocation in an annual Sustainable Finance Report • The Sustainable Finance Report will be produced and reviewed by the ESG department • ADIB will appoint an external party to verify the allocation of net proceeds towards eligible projects in line with the criteria in the Framework Alignment with ICMA GBP, SBP and SBG, LMA GLP and SLP Sustainability Quality of Eligibility Criteria Linking the transaction(s) to ADIB's ESG profile Aligned. ADIB has defined a formal concept for its Sustainable Financing Instruments regarding the use of proceeds, process for project evaluation and selection, management of proceeds and reporting. ✓ Positive. The environmental and social risks associated with the Use of Proceeds categories are managed. ✓ The key sustainability objectives and the rationale for issuing Sustainable Financing Instruments are clearly described by the issuer. The majority of the project categories considered are in line with the sustainability objectives of the issuer. 22#23Financial Performance 9M 2023 Investor Presentation ADIB مصرف أبوظبي الإس ــلام 12345678#24= Income Statement Highlights Strong YoY growth in revenues and profitability = Profit After Zakat & Tax (AEDmn) - Key Highlights 2,452 9M 22 +53% 3,750 9M 23 Solid macroeconomic environment, improvement in business and consolidation of Egypt lifted revenues by 48% YoY in 9M 2023. ■ 48% Revenue growth was well above cost inflation of 29% Net Income rose 53% YoY to AED3.75bn based on balance sheet growth and higher margins Revenues (AEDmn) Expenses (AEDmn) 4,516 +48% 9M 22 1,699 9M 22 +29% Impairments (AEDmn) +62% 352 9M 22 مصرف أبوظبي الإسلامي ADIB 6,694 9M 23 2,185 9M 23 571 9M 23 24#25مصرف أبوظبي الإسلامي = Income Statement 53% YoY growth in Net income in 9M 2023 underscored by increase volume transactions and margins Net Income (AEDmn) ADIB Net Income Movement YoY (AEDmn) +53% 1,600 1,424 1,400 1,224 1,167 1,102 1,200 1,010 1,000 800 600 473 1,705 2,452 400 3,750 -486 -218 -175 200 0 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 +61% Profit after Funded income Non-funded Expenses zakat & tax income 9M 22 +28% Impairments Zakat & tax Profit after zakat & tax 9M 23 +29% +62% +1,347% Income Statement Highlights - Net Income Movement by Segment (AEDmn) AED (mn) 9M 2023 9M 2022 A% 3Q 2023 3Q 2022 A% +53% Funded income 4,506 2,802 +61% 1,577 1,132 +39% Non-funded income 2,188 1,715 +28% 853 546 +56% 868 143 97 66 149 241 3,750 2,452 Revenues 6,694 4,516 +48% 2,430 1,678 +45% -265 Operating expenses (2,185) (1,699) +29% (740) (539) +37% Provision for impairment (571) (352) +62% (202) (125) +61% Profit after zakat & tax 9M 22 Retail Wholesale Private Treasury Real Estate Associates and subs. Other Profit after zakat & tax 9M 23 Net Income after zakat and tax 3,750 2,452 +53% 1,424 1,010 +41% +77% +35% +348% -65% +1,391% +54% +123% 25#26= Funded Income Strong growth in funded income driven by strong business volumes and higher rates with NPM improving 113 bps Net Profit Margin (%) مصرف أبوظبي الإسلامي ADIB ☐ Net Profit Margin Movement YoY (%) 8% +113bps 7% 6.14% 6.36% 6.61% 0.45% 6% 0.83% 0.14% 4.33% 4.41% 1.07% 4.48% 5% 4.48% 3.44% 3.73% 0.39% 3.35% 4% 3% 2% 3.13% 3.35% 3.56% 4.35% 1.70% 1.97% 1.82% -1.74% 0.74% 1% 0.30% 0.37% 0% 1H 22 9M 22 FY 22 1Q 23 1H 23 9M 23 Net profit margin 9M 22 Retail Wholesale financing financing FI Interbank Placements Cost of funding Other Net profit margin 9M 23 Gross margin Cost of funding Net profit margin - Net Revenue from Funding Activities Composition (AEDmn) Associates and subs. 17.4% 783mn Other 8.8% 398mn Treasury -15.4% -695mn Private 4.2% 189mn 9M 23 4,506mn Net Revenue from Funding Activities Movement YoY (AEDmn) +61% 743 315 836 37 134 601 Retail 69.0% 2,802 3,110mn Wholesale Net revenue from funding activities 9M 22 Retail Wholesale Private FI Treasury & Others Associates & Subs. 16.0% 720mn +30% +129% +53% +168% +111% 4,506 -962 Cost of Funding Net revenue from funding activities 9M 23 +302% 26#27مصرف أبوظبي الإسلامي = Non-Funded Income ADIB Strong non-funded income growth on higher investment income, F&C and FX income, underlining strategic focus on revenue diversification Non-Funded Income (AEDmn) Non-Funded Income Movement YoY (AEDmn) +56% 970 199 853 1,715 98 724 546 611 +28% 57 120 2,188 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 Non-funded income Investment income 9M 22 Fees and commission income Foreign exchange Other income income Non-funded income 9M 23 QoQ +78% -37% +18% +18% Non-Funded Income Composition (%) Foreign exchange income 14.9% 325mn Risk participation 3.4% 74mn Trade related 5.2% 113mn Cards income 16.5% 360mn 9M 23 2,188mn +16% +24% +21% +2,253% Fee & Commission Income Movement YoY (AEDmn) Other 8.8% 193mn 839 44 Investment income 32.0% 700mn -30 +24% 125 54 5 1 1,038 Retail & others 19.3% Fee & commission income Retail & others Risk participation Cards income Trade related Brokerage Property management Fee & commission income 9M 22 9M 23 423mn +12% -29% +53% +92% +17% +4% 27#28- - - مصرف أبوظبي الإسلامي Operating Expenses ADIB Significant improve in cost to income ratio helped by higher income and cost discipline amid ongoing transformation investments Cost To Income Ratio (%) Expenses Movement YoY (AEDmn) -497bps +6% 37.6% 34.9% 35.7% 33.9% 32.6% * 1,799 72 67 -22 1,916 269 2,185 9M 22 FY 22 1Q 23 1H 23 9M 23 Expenses 9M 22 Employee costs General & Administrative expesnes Depreciation Expenses excl. JV JV to Subsidiary to Subsidiary Impact Expenses 9M 23 QoQ -270bps +74bps -176bps -125bps +6% +15% -10% Expenses (AEDmn) +1% 639 * 688 726 719 647 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 QoQ +8% +6% -1% *Adjusted for AED100mn one-off reversal in 3Q 2022 93 JV to Subsidiary Impact Expenses Composition (%) Depreciation 10.9% 238mn 740 Amortisation of intangibles 0.5% 11mn General & administrative costs 27.5% 9M 23 2,185mn Employee costs 601mn 61.1% 1,335mn 3Q 23 28#29= - Impairments COR is at comfortable 50bps in 9M 2023 Impairments Movement YoY (AEDmn) 71 70 352 -35 +62% 162 57 -107 571 = Impairments (AEDmn) 125 416 +61% مصرف أبوظبي الإسلامي ADIB 223 202 146 Impairments Retail Wholesale Private Treasury 9M 22 +107% +46% -107% +282% Associates & Subs. +100% Others Impairments 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 9M 23 -131% QoQ +233% -65% +52% -9% Cost Of Risk (%) Impairments Composition (%) Associates and 0.23% 0.8% 0.66% 0.7% 0.62% 0.6% 0.55% 0.47% 0.5% 0.58% 0.4% 0.38% 0.3% 0.2% 0.16% 0.1% 0.0% 9M 22 FY 22 1Q 23 1H 23 subs 28.4% 0.59% 162mn 0.50% 0.48% Others 0.30% -4.4% 0.34% -25mn 0.29% 0.30% 9M 23 Treasury 13.5% 77mn Group -Retail Wholesale Retail 23.6% 134mn Wholesale 9M 23 39.4% 571mn 225mn Private -0.4% --2mn 29#30Non-Performing Financing Lowest NPA ratio since 1Q 20 with cost of risk in line with guidance while coverage ratio trending within the guidance NPA (AEDmn) NPA Movement YoY (AEDmn) -10% 8,597 8,597 8,705 8,710 8,619 7,762 -10% مصرف أبوظبي الإسلامي ADIB 7,762 -599 -121 -115 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 NPA Corporate Individual FI & Other 3Q 22 NPA 3Q 23 QoQ +1% +0% -1% -10% -12% -4% -26% NPA Ratio (%) NPA Coverage Ratio (%) 8.5% 128% 129% 128% 131% 140% 122% 8.3% 8.0% 7.7% 7.7% 7.5% 120% 7.5% 100% 7.0% 6.6% 80% 6.5% 60% 68% 72% 71% 72% 70% 6.0% 40% 5.5% 20% 5.0% 0% 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 3Q 22 2Q 23 3Q 23 4Q 22 1Q 23 NPA Coverage Ratio NPA Coverage Ratio with Collaterals 30#31مصرف أبوظبي الإسلامي Balance Sheet Total assets increased by 25% YoY driven by 15% growth in customer financing supported by a very strong funding position Total Assets (AEDbn) ADIB Total Assets Movement YTD (AEDbn) 210 +9% 182.2 184.1 190 168.5 172.1 170 147.2 150 168.5 3.2 3.6 4.9 3.6 0.3 184.1 130 110 90 550 70 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 Total assets 4Q 22 Cash & balances with central banks Due from financial institutions Customer financing, net Investments Other Total assets 3Q 23 +13% +48% +5% +18% +3% - Balance Sheet Highlights Funding Movement YTD (AEDbn) +9% AED (mn) Customer financing, net Investments 3Q 2023 4Q 2022 A% 3Q 2022 A% 112,595 107,717 +5%* 98,240 +15% 13.4 0.8 1.2 0.1 184.1 168.5 23,000 19,432 Total assets Total Deposits Total liabilities Total equity +18% 19,072 +21% 184,124 168,517 +9% 147,209 +25% 151,545 138,137 +10% 118,823 +28% 159,424 145,056 +10% 126,036 +26% 24,699 23,461 +5% 21,173 +17% Total liabilities & Due to financial equity institutions 4Q 22 Total deposits Other liabilities Total equity Total liabilities & equity 3Q 23 +4% +10% +21% +5% *6% growth of customer financing in constant currency, excluding devaluation of EGP 31#32مصرف أبوظبي الإسلامي = Customer Financing AED 14.4bn growth in financing assets vs last year mainly due strong volumes from Retail, Government and Public sector Customer Financing, Customer Financing, Net Movement YTD (AEDbn) ADIB - Customer Financing, Net (AEDbn) = 112.6 115.0 109.3 107.7 110.0 107.3 105.0 98.2 100.0 Gross by Segment (%) +5% Private 3.6% Other +6% 1.8% 4.2bn 2.2bn 107.7 4.6 1.3 1.7 95.0 90.0 Wholesale 43.3% 3Q 23 117.6bn 114.3 0.4 -1.7 112.6 -1.4 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 50.9bn Retail 51.3% 60.3bn Customer financing net 4Q 22 Retail Government Corporate FI & public sector Associates Customer and subs. & financing net Others excl. FX impact FX impact Customer financing net 3Q 23 +9% +7% +10% -24% +9% Customer Financing, Gross by Sector (%) Other Retail Financing, Gross Retail Financing, Gross Movement YTD (AEDbn) Composition (%) +8% 1.2% 1.4bn Government & public sector 18.3% 21.5bn Real estate 5.6% 3Q 23 117.6bn Home finance 30.7% 18.5bn 3.4bn 55.9 1.5 1.0 1.9 0.4 60.3 Corporate Individual 21.5% 25.3bn 3Q 23 60.3bn Card -0.3 4.2% Auto finance 2.6bn 55.1% 13.2% 64.8bn FI 8.0bn 3.9% 4.6bn Personal finance 46.2% 27.9bn Retail financing, gross Personal finance Home finance Auto finance Card Real estate 4Q 22 Retail financing, gross 3Q 23 +6% +6% +31% +18% -9% 32#33= Investments Diversified Investment Portfolio - Investments (AEDbn) 25.0 19.1 20.0 15.0 10.0 5.0 22.6 23.0 21.0 19.4 0.0 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 Investments by country (%) Others 14.7% 3.4bn Middle East 31.8% 7.4bn Total Investments Movement YTD (AEDbn) 3.4 19.4 Investments 4Q 22 +18% مصرف أبوظبي الإسلامي ADIB 0.2 23.0 Investment in sukuk at amortised cost Investments at fair value Investments 3Q 23 +23% +4% Investments by type (%) Investments in Sukuk at FVTOCI 13.2% 3.1bn UAE 3Q 23 Trading Investment at fair 53.5% value 23.2bn 12.4bn 9.0% 3Q 23 23.2bn 2.1bn Private equities and funds 0.7% 0.2bn Investments at amortized cost 77.1% 17.9bn 33#34مصرف أبوظبي الإسلامي = Customer Deposits ADIB Up 28% YoY reflecting our ability to gain market share with AED5.4bn increase in CASA, demonstrating effective deposit gathering strategy Total Deposits (AEDbn) Total Deposits Movement by Segment YTD (AEDbn) 200.0 138.1 141.8 150.4 151.5 150.0 118.8 100.0 50.0 138.1 7.0 8.0 0.9 0.0 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 Total Deposits by Segment (%) Wholesale 21.5% 32.5bn Community & others 1.8% 2.7bn Associates & subs. 9.0% 13.7bn - Total Deposits by Type (%) Time 1.5% 2.3bn Wakala 18.6% 28.2bn STI 13.7% 20.8bn +10% -1.9 0.1 152.3 -0.8 151.5 Private 8.4% 12.7bn Total deposits 4Q 22 Retail Wholesale Private Treasury Community Deposits Associates & & others excl. subs. Associates & Subs. Total deposits 3Q 23 +9% +33% +8% -63% +6% Treasury 3Q 23 151.5bn 0.7% 1.1bn Total Deposits Movement by Type YTD (AEDbn) Retail 58.6% +10% 88.9bn 138.1 5.6 4.5 3.9 151.5 Other 0.5% -0.6 0.8bn 3Q 23 151.5bn CASA Total deposits CASA STI Wakala Time 65.6% 4Q 22 Total deposits 3Q 23 99.5bn +6% +27% +16% -20% 34#35= Capital and Liquidity Significant improvement in capital position with CET 1 at 13.4% Capitalization Ratios (%) مصرف أبوظبي الإسلامي ADIB Liquidity Ratios (%) 86.1% 20% 90% 82.1% 80.3% 78.0% 78.6% 17.9% 18% 18.0% 17.5% 17.7% 80% 17.2% 82.7% 70% 78.0% 75.7% 72.7% 74.3% 16% 16.8% 16.9% 60% 16.4% 16.5% 16.0% 50% 14% 40% 30% 12% 13.4% 18.9% 19.6% 21.8% 18.8% 12.8% 12.5% 12.8% 15.9% 20% 12.1% 10% 3Q 22 10% 4Q 22 1Q 23 2Q 23 3Q 23 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 CAR ratio RWA (AEDbn) +12% CET1 ratio T1 ratio = Capitalization (AEDbn) +18% Eligible Liquid Asset Ratio (ELAR) Advances to stable fund ratio (AFR) FTD Ratio Total Capital Movement YTD (AEDbn) 134.3 128.3 119.9 1.8 24.2 2.0 22.7 3.8 1.9 10.7 10.7 20.6 20.6 1.5 10.4 1.4 1.3 4.8 4.8 4.8 +5% 115.7 121.8 107.5 QoQ 14.5 4Q 22 2Q 23 Credit ■Operational 16.5 +7% QoQ 17.9 +18% -0.3 0.1 24.2 3Q 23 4Q 22 2Q 23 Market ■CET1 Additional T1 3Q 23 T2 Total Capital 4Q 22 Profit after zakat & tax Tier 1 Sukuk cost Other Total Capital 3Q 23 35#36Segmental Performance 9M 2023 Investor Presentation ADIB مصرف أبوظبي الإس ــلام 12345 6 7 8#37Segmental Balance Sheet Summary Deposit growth led by growth in Retail, Wholesale segments Customer Financing, Net Movement YTD (AEDbn) = Customer Financing, Gross by Segment (%) مصرف أبوظبي الإسلامي ADIB +5% +6% 4.6 1.3 1.7 107.7 Private 3.6% 4.2bn Other 1.8% 2.2bn 114.3 0.4 112.6 -1.7 -1.4 3Q 23 117.6bn Customer Retail financing net 4Q 22 Government & public sector Corporate FI Associates and subs. & Others Customer financing net excl. FX impact FX impact Customer financing net 3Q 23 Wholesale 43.3% 50.9bn Retail 51.3% 60.3bn +9% +7% +10% -24% +9% = Total Deposits Movement by Segment YTD (AEDbn) 138.1 7.0 8.0 0.9 +10% -1.9 0.1 152.3 -0.8 = Total Deposits by Segment (%) Wholesale 21.5% Private 8.4% 12.7bn 32.5bn Treasury 151.5 Community & others 3Q 23 0.7% 1.8% 2.7bn 1.1bn 151.5bn Total deposits 4Q 22 Retail Wholesale Private Treasury Community & others Deposits excl. Associates & Subs. Associates & subs. Total deposits Associates & subs. 3Q 23 9.0% 13.7bn +9% +33% +8% -63% +6% Retail 58.6% 88.9bn 37#38= Segmental Income Statement Summary Profit growth driven by core business growth Total Operating Income Movement YoY (AEDmn) 1,059 224 73 4,516 +48% -206 مصرف أبوظبي الإسلامي ADIB = Total Operating Income Composition (AEDmn) Associates and subs 15.5% 756 204 6,694 68 Revenues Retail Wholesale Private Treasury Real estate Associates and subs Other 9M 22 +41% +29% +62% -45% +145% +269% +72% Profit After Tax & Zakat Movement YoY (AEDmn) Revenues 9M 23 = 1,038mn Private 2.9% 192mn Treasury 3.7% 250mn Real estate 1.7% 115mn 9M 23 6,694mn Profit After Tax & Zakat Composition Other 7.2% 485mn Retail 54.0% 3,612mn Wholesale 15.0% 1,003mn (AEDmn) Others +53% 11.6% Real Estate 1.9% 71mn 436mn 868 143 97 2,452 241 149 3,750 66 Associates and subs 11.2% -265 421mn Treasury 9M 23 3,750mn Retail 53.4% 3.7% 2,001mn 140mn Profit after tax Retail Wholesale Private Treasury Real estate Others & zakat Associates and Profit after tax subs. & zakat Private Wholesale 9M 22 9M 23 3.3% +77% +35% +348% -65% +1391% +123% +54% 125mn 14.8% 555mn 38#39= Retail 113% Retail profit increase driven by growth in funded income Profit After Tax & Zakat Movement YoY (AEDmn) Cost Income Ratio (%) 1,133 +77% 984 75 -121 -70 2,001 Profit after tax & Funded income Non-funded zakat income 9M 22 +46% +18% Operating expenses excluding impairments +9% Impairment charge Profit after tax & zakat 9M 23 +107% Customer Financing, Gross (AEDbn) +11% 53.1% مصرف أبوظبي الإسلامي ADIB 51.1% 43.8% 41.6% 40.9% 9M 22 FY 22 1Q 23 1H 23 9M 23 Cost of Risk (%) 0.16% 0.34% 0.29% 0.30% 0.23% 9M 22 FY 22 1Q 23 1H 23 9M 23 Deposits (AEDbn) +9% 52.7 53.7 55.1 56.5 58.4 81.2 81.9 86.5 88.5 88.9 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 QoQ +2% +2% +3% +3% QoQ +1% +6% +2% +0% 39#40- Wholesale Wholesale net profit increased 35% YoY driven by higher funded income, decline in impairment charges and tax Profit After Tax & Zakat Movement YoY (AEDmn) +35% 38 186 412 555 -3 -71 -7 Profit after tax Funded income Non-funded & zakat income Operating expenses Impairment charge Tax & Zakat Profit after tax 9M 22 excluding impairments & zakat 9M 23 +35% +15% +1% +46% +77% Customer Financing, Gross (AEDbn) +3% مصرف أبوظبي الإسلامي ADIB Cost Income Ratio (%) 26.3% 26.5% 23.0% 22.5% 20.8% 9M 22 FY 22 1Q 23 1H 23 9M 23 Cost of Risk (%) 0.47% 0.66% 0.55% 0.62% 0.59% 9M 22 FY 22 1Q 23 1H 23 9M 23 Deposits (AEDbn) +34% 43.8 44.1 43.6 44.1 45.1 32.0 32.5 27.3 24.3 24.5 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 QoQ +1% -1% +1% +2% QoQ +1% +11% +17% +2% 40#41= Treasury 65% profit decline in the environment of rate hikes Profit After Tax & Zakat Movement YoY (AEDmn) Cost Income Ratio (%) 6.6% - 406 296 -65% 140 -3 -57 www........ -502 Profit after tax & Funded income zakat 9M 22 Non-funded income Operating expenses excluding impairments Impairment charge Profit after tax & zakat 9M 23 -260% +46% +9% +282% Investments (AEDbn) +21% مصرف أبوظبي الإسلامي ADIB 13.6% 12.2% 13.2% 6.6% 9M 22 FY 22 1Q 23 1H 23 9M 23 Investment Yield (%) 2.5% 3.5% 3.5% 3.6% 2.7% 9M 22 FY 22 1Q 23 1H 23 9M 23 Deposits (AEDbn) -74% 4.4 21.0 22.6 23.0 19.1 19.4 3.0 1.8 1.5 1.1 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 QoQ +2% +8% +8% +2% QoQ -32% -41% -14% -26% 41#42Performance Track Record 9M 2023 Investor Presentation ADIB مصرف أبوظبي الإس ــلام 7 12345698#43- Balance Sheet Trends Steady balance sheet growth Total Assets (AEDbn) +10% CAGR Customer Financing, Net (AEDbn) +11% CAGR مصرف أبوظبي الإسلامي ADIB 168.5 107.7 125.2 126.0 127.8 136.9 78.7 81.1 83.4 88.3 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 YOY +1% +1% +7% +23% YOY +3% +3% +6% +22% Investments (AEDbn) +12% CAGR Total Deposits (AEDbn) +11% CAGR 19.4 138.1 13.7 12.9 13.8 13.7 100.4 101.4 101.3 109.6 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 YOY -5% +7% -1% +42% YOY +1% -0% +8% +26% 43#44= Asset Quality, Capital & Liquidity Improving capitalization and strong, stable liquidity position mitigate challenging credit quality - مصرف أبوظبي الإسلامي ADIB NPA Ratio (%) NPA Coverage Ratio with Collaterals (%) 132.6% 10.0% 8.8% 8.9% 140.0% 127.9% 120.0% 9.0% 7.7% 110.7% 120.0% 8.0% 7.0% 100.0% 6.5% 6.0% 80.0% 5.0% 4.0% 60.0% 62.8% 71.8% 66.8% 3.0% 40.0% 57.9% 2.0% 20.0% 1.0% 0.0% 0.0% 2019 2020 2021 2022 2019 2021 2022 2020 NPA Coverage Ratio with Collaterals NPA Coverage Ratio Capitalization Ratios (%) Liquidity Ratios (%) 18.8% 18.6% 100% 20% 85.8% 84.1% 81.4% 17.2% 18% 17.9% 84.1% 80% 80.0% 16% 16.8% 17.7% 17.5% 82.4% 80.5% 78.0% 60% 12.9% 12.9% 16.0% 14% 12.1% 12.1% 40% 12% 20.7% 19.7% 18.9% 10% 8% 2019 2021 20% 19.9% 0% 2022 2019 2020 2021 2022 2020 ⚫CET1 ratio -T1 ratio CAR ratio Advances to stable fund ratio (AFR) Eligible Liquid Asset Ratio (ELAR) ⚫FTD Ratio 44#45= Revenues and Expenses Decent revenue and operating expense trends Revenues (AEDmn) - - Net Profit Margin (%) 5.00% مصرف أبوظبي الإسلامي ADIB +6% CAGR 4.50% 4.42% 4.00% 3.50% 4.25% 3.51% 3.09% 3.56% 6,835 3.00% 5,769 5,915 5,358 5,560 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 YOY +3% -9% +4% +23% Expenses (AEDmn) Cost to Income Ratio (%) 50.0% 45.0% 45.8% -3% CAGR 40.0% 35.0% 44.9% 45.7% 40.7% 34.9% 30.0% 2,644 2,653 2,450 2,260 2,387 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 YOY +0% -8% -8% +6% 45#46Impairments and Profitability Higher returns and reduction of cost of risk in 2022 =Impairments (AEDmn) Cost of risk (%) 1.50% - +7% CAGR 1.00% 1,314 0.55% 954 0.65% 620 658 769 0.50% 1.28% 0.99% مصرف أبوظبي الإسلامي ADIB 0.00% 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 YOY +6% +100% -27% -19% Profit After Zakat & Tax (AEDmn) YOY +13% CAGR Returns (%) 25.0% 19.3% 18.6% 20.0% 0.58% 21.4% 14.3% 9.6% 2.1% 1.3% 1.8% 15.0% 3,619 2,501 2,601 2,330 10.0% 1,604 5.0% 2.0% 0.0% 2018 2019 2020 2021 2022 2018 2019 +4% -38% +45% +55% ROAE 2020 ROAA 2.4% 2021 2022 46#47Appendix 9M 2023 Investor Presentation ADIB مصرف أبوظبي الإس ــلام 7 12345658#48= Additional Information Please contact the Investor Relations team for additional information or download ADIB's IR App - ADIB Investor Relations Contact Mrs. Lamia Khaled Hariz Head of Public Affairs and Investor Relations E: [email protected] T: +917 2 634 3000 M: +971 50 682 4207 ADIB Investor Relations Website https://adib.com/en/Pages/Investor-Relations.aspx Click to access our latest reports and publications: ADIB A RECORD BREAKING YEAR ANNUAL REPORT 2022 مصرف أبوميان الإسلامي Annual Report 2022 - ADIB Investor Relations App مصرف أبوظبي الإسلامي ADIB Download link: Download on the GET IT ON App Store Google Play My Accoun ADIB Abu D 4.79 About Us Key Figures Financial Reports Investor Presentations MD&A Share Performance Share Information Historical Price C ADIB ADIB MAXIMIZING OUR POSITIVE IMPACT 2022 ESG REPORT ESG Report 2022 50 مصرف أبوظبي MAXIMIZING OUR POSITIVE IMPACT 2022 ESG REPORT ESG summary Report 2022 مصرف أبوظبي الإسلامي ADIB 48#49= Disclaimer مصرف أبوظبي الإسلامي ADIB = The information contained herein has been prepared by Abu Dhabi Islamic Bank PJSC (ADIB). ADIB relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. This presentation has been prepared for information purposes only and is not and does not form part of any offer for sale or solicitation of any offer to subscribe for or purchase or sell any securities nor shall it, or part of it, form the basis of or be relied on in connection with any contract or commitment whatever. Some of this information in this presentation may contain projections or other forward-looking statements regarding future events or the future financial performance of ADIB. These forward-looking statements include all matters that are not historical facts. The inclusion of such forward looking information shall not be regarded as representation by ADIB or any other person that the objectives or plans of ADIB will be achieved. ADIB undertakes no obligation to publicly update or publicly revise any forward-looking statement, whatever as a result of new information, future events or otherwise. 49