#1Investor Presentation Q3 2023 ahlibank.com.qa البنك الأهلي ählibank#2Overview Overview Founded in 1983 and listed on the Qatar Stock Exchange, " Market cap of QAR 9.46 bln (as of 30 Sep 2023) Has a network of 11 branches and 90 ATMs throughout Qatar Best regulated banking sector in the Middle East through the QCB, according to the World Bank Offers its wholesale and retail banking services with a focus on the Qatari market: Qatar has been a steady and growing economy over the past decade The bank is operating under IFRS 9 and Basel III frameworks Long term IDR of "A-" by Fitch and A2/Prime I by Moody's deposit rating Efficiently run bank with a cost income ratio at 24% • Shareholding Structure 52.29% O 47.71% ■QIA and its wholly owned subsidiaries ■ Others 52.29% of shareholders are Qatari firms and individuals QIA and its wholly owned subsidiaries directly own the remaining 47.71% of the shares No other shareholder owns more than 5% of the bank's shares "ABQ's A2 deposit rating reflects our assessment of a very high likelihood of government support in case of need. Ahli Bank's BCA rating reflects the bank's (1) solid capital and healthy liquidity (2) strong profitability and (3) contained level of reported problem loans and improved provisioning coverage," Moody's, June, 2023 Effective risk management and high quality loan book as proven by low non- performing assets NPL ratio stood at 2.55% and conservatively provisioned (coverage of 230% including ECL provisions as of Sept 2023) Good capital position with Basel III Capital Adequacy Ratio (CAR) of 20.6% as of Sept 2023. ABQ has access to a number of funding sources, with the diversification of funding and proportion of medium and long-term debt in the funding portfolio increasing in recent years - stable medium / long term debt accounts for 12.7% as of Sept 2023 Key Indicators 2021 2022 US$ mln Sep 2022 Sep 2023 US$ mln QAR mln US$ mln QAR US$ QAR QAR mln mln mln mln 48,093 13,212 48,575 13,345 48,710 13.382 Total Assets Total Net Loans 33,570 9,223 34,032 9,349 Total Customer Deposits 59,559 16,362 9,359 34,600 9,505 34,068 27,925 7,672 28,954 7,954 27,485 7,551 29,390 8,074 Total Equity 7,685 2,111 7,975 2,191 7,786 2,139 8,036 2,208 CAR (Basel III) 20.6% 20.5% 20.3% 20.6% C/I Ratio 25.0% 22.4% 23.3% 24.0% ROAE 11.3% 11.7% 11.6% 12.1% 2#3ABQ Has Been at the Heart of the Community for Over 35 Years 1983 Incorporated as Al-Ahli Bank of Qatar part of CitiBank operations 1987 • ABQ began to operate as a standalone entity 2004 2008 • 2011 2012 • 2013 2014 Ahli United Bank (AUB) acquires a 40% stake through issue of new shares with a ten year renewable management agreement QIA announces 20% equity infusion in Qatar's listed banks based on December 2008 share capital. As a result, ABQ received QAR 642 mln support during 2010 and 2011 Ahli Brokerage Co is launched as a fully owned Licensed Brokerage House on the Qatar Exchange 20% rights issue to Qatari Shareholders raising capital of QAR 448 mln Qatar Foundation for Education, Science and Community Development (Qatar Foundation) acquires a 29.41% stake in ABQ from AUB New Strategic Plan approved by the Board New Organization Structure in place to focus on business banking and strengthen corporate governance New brand reflecting the identity of the bank: "at the heart of the community" • Debut Syndicated Facility of US$ 200 mln, 3-year loan 2015 2016 2017 2018 2019 2020 2021 2022 . . • • • . Source: Company data. Redesign of 6 branches, enhancing customer experience Strengthened stable funding profile through additional medium term loans - US$ 200 min Awarded debut Moody's Rating - A2/Prime-1 deposit ratings ABQ raises additional funds through the issuance of US$ 500 min 3.625% notes due 2021 ABQ successfully closes a 3 year US$195 mln Club Term Loan Facility ABQ second EMTN bond issue of US$ 500 min to the international debt capital market Increased 3-year committed bank funding to US$ 250 mln and extended maturity up to 2020 Qatar Foundation transferred its 29.41% stake in ABQ to Qatar Investment Authority, which increased QIA(1)'s stake in the bank to 47.7% Ahlibank launches Bancassurance in partnership with QGIRCO (Qatar General Insurance and Re-Insurance Company) Increased and extended the tenor of US$ 200 mln of committed stable funding ABQ issued third tranche of EMTN bond for US$ 500 min to the international debt capital market New stable funding of US$50 mln raised and extension of US$250 mln committed bilateral facility till June 2022 ABQ issued fourth tranche of EMTN bond for US$ 500 min to the international debt capital market in September 2020 Committed bilateral facilities of US$ 50 mln and US$ 250 mln were extended until July 2022 and November 2023, respectively. ABQ successfully launched a redesigned online and mobile banking platform with an easy user interface to enhance the digital banking experience of its customers. Successfully placed $300 mln of AT1 bonds in February 2021 Repaid first tranche of EMTN US$ 500 Mln in April 2021 Repaid US $ 140 mln Asian Club Loan ABQ issued fifth tranche of EMTN Bond for US$ 500 min to the International Capital Market in July 2021 Repaid second tranche of EMTN US$ 500 Mln in February 2022 Increased term loan bilateral facility from US$ 250 mln to US $ 400 Min and extended tenor to April 2026 1. QIA and its wholly owned subsidiaries. 3#4"At the heart of the community" - Corporate Social Responsibility Our brand identity is a modern interpretation of a potent symbol from Qatar's past, the oyster shell. The shell protects and nurtures its treasure, growing it over time, just as we seek to grow and protect our customers' assets. We ask, we listen, and we act on what we learn. We respond by producing products that genuinely meet the needs of our community. We are who we are because of our community. And that's why we go further for our customers and our stakeholders. Inspired BF الإتحاد القطري لكرة السلة Qatar Basketball Federation ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT البنك الأهلي ählibank Considered We will always stay actively involved with our community. We aim to be a sensitive bank: knowledgeable, experienced, and insightful. We offer what our customers tell us they need most: reliable and effective products and advice they can trust. Engaged We are always straightforward, approachable, and responsive. We are an active part of the community. We never forget that our customers are also our neighbours. Corporate Social Responsibility +C International Federation of Red Cross and Red Crescent Societies 100 Hamad Qatar Cancer Society الجمعية القطرية للسرطان Thyroid Cancer Conference National Sport Dry البنك الأهلي اليف العلي chibank للتميز اللبنيادية للاحتفالية السنوية لاشخاص ذوي The Qatar Society for Rehabilitation of Special Needs#5Business Lines Corporate SMEs Ahli Brokerage Cash Management Proprietary Investment Treasury and Investments Corporate International Banking Financial Institutions 5 Retail Retail Premium Private#6Executive Summary - 2023 1. Good Performance with Net Profit of QR 615 mln and YoY growth of 8.5%; 2. Stable Capital Adequacy Ratio of 20.6% 3. NPL Ratio stood at 2.55% (2022: 2.57%) with an improved coverage of 230% (2022: 199%) 4. Loan growth of 1.7% vis-à-vis Dec 2022 5. Deposits grew by 1.5% during Q3 2023. 6. Regulatory developments - a) Loans to deposit ratio – Maximum 100%; Debt securities (EMTN) added in denominator and weighted as per residual maturity b) QCB Mandatory Reserve requirement on Customer Deposits - 4.50% (from Oct 2023) c) A mandatory additional reserve on net negative foreign currency assets of the bank (5% - less than 1 year, 3% - 1 to 2 years and no reserve for greater than 2 years) from October 2023. 7. Integrated annual report including the ESG report mandated by the Qatar Stock Exchange 8. Multiple Digitization and Automation initiatives continue to be the focus across the Bank. 6#7Key Performance Highlights QAR Million Sep 2023 Sep 2022 Growth Net Interest Income 996 892 11.6% Operating Income 1,133 1,088 4.1% Net Profit 615 567 8.5% Sep 2023 Dec-22 Growth Total Assets 59,559 48,575 22.6% ↑ Loans & Advances 34,600 34,032 1.7% 1 Customer Deposits 29,390 28,954 1.5% NPL 927 916 1.2% Total Provisions 2,132 1,822 17.0% NPL Coverage 230% 199% 15.6% NPL Ratio 2.55% 2.57% 0.78% 7#8P&L - YTD Sep 2023 Actuals YOY Variance QAR '000 Interest income Interest expense Sep-23 Sep-22 Fav/(Adv) 2.327.324 1,399,418 66.3% 1.331.589 507,069 -162.6% |Net interest income 995,735 892,349 11.6% Fees and other income 139,232 177,815 -21.7% Income on investment securities (2,322) 17,881 -113.0% Total operating income 1,132,645 1,088,045 4.1% Staff Expenses 138,555 133,758 -3.6% Other expenses and depreciation 133,075 120,041 -10.9% Total operating expenses 271,630 253,799 -7.0% |Net operating income before 861,015 834,246 3.2% provisions Provisions for loan losses- 303,491 307,215 1.2% ECL/Specific Recoveries of provisions (57,795) (39,869) 45.0% Net Provisions 245,697 267,345 8.1% INet Profit 615,318 566,901 8.5% 8#9Balance Sheet - as at Sep 2023 QR 'Mln Cash and Balances with Sep-23 Dec-22 Variance Amount % central bank (includes Statutory reserve: QR 1.3 bln) 5,775 1,807 3,968 220% Due from Banks 10,463 3,768 6,694 178% Loans and Advances 34,600 34,032 568 2% SOQ 22 262 (240) -92% Other Loans (including interest receivable) 34,578 33,770 808 2% Investments 8,075 8,339 (265) -3% Others 646 629 17 3% Total assets 59,559 48,575 10,984 23% Due to Banks 14,580 3,988 10,592 266% Customer Deposits 29,390 28,954 436 2% Medium Term Funding 1,462 1,460 2 0% EMTN 5,456 5,481 (26) 0% Others 635 717 (81) -11% Total Liabilities 51,523 40,600 10,923 27% Shareholder's Equity 6,944 6,883 61 1% AT-1 1,092 1,092 0% Total Liabilities & Equity 59,559 48,575 10,984 23%#10Steady Operating Income QAR mln 700 CAGR 3.3% QAR mln 1,200 615 600 567 538 545 518 525 1,000 506 503 501 500 458 400 300 200 100 100 800 753 753 724 692 24 600 400 400 20 200 CAGR 5.6% 1,133 1,088 1,030 821 778 796 371 878 Q3-14 Q3-15 Q3-16 Q3-17 Q3-18 Q3-19 Q3-20 Q3-21 Q3-22 Q3-23 Q3-14 Q3-15 Q3-16 Q3-17 Q3-18 Q3-19 Q3-20 Q3-21 Q3-22 Q3-23 Net Profit 10 Operating Income#11Total Assets - Trend QAR mln 70,000 60,000 CAGR 8.5% 50,000 47,555 48,093 48,575 43,915 40,403 40,000 30,000 20,000 10,000 59,559 2018 2019 2020 2021 2022 Sep-23 11#12Net Loans & Advances / Customer Deposits - Trend QAR mln 40000 31,591 30000 27,515 20000 21,765 10000 25,500 2018 2019 33,513 Loans CAGR: 4.9% Deposits CAGR: 6.5% 26,941 2020 33,570 27,925 34,032 28,954 34,600 29,390 2021 2022 Sep-23 ■Net Loans & Advances ■Customer Deposits 12#13Proprietary Investments - Trend QAR mln 10000 9000 8000 7000 5,917 6000 5000 4000 3000 2000 1000 7,521 7,074 CAGR 6.8% 8,613 8,339 8,075 2018 2019 2020 2021 2022 Sep-23 13#14Shareholder's Funds - Trend QAR mln 8,000 7,500 CAGR 5% 6,883 6,944 7,000 6,593 6,500 6,275 5,959 6,000 5,501 5,500 5,000 4,500 4,000 3,500 3,000 2018 2019 2020 2021 2022 Sep-23 14#15Asset Quality NPL ratio of 2.55% and a coverage of 230% as at Sept 2023 Gross Loans and NPL Ratio (1) NPL Provision Coverage(2) Provisions (QAR MIn) Gross Loans (LHS) NPL Ratio (RHS) 250% 628 816 1,108 40000 QAR MIn 4.50% 36,366 34,730 35,562 34,357 35000 32,135 30000 27,929 25000 230% 4.00% 210% 3.50% 3.74% 190% 3.00% 170% 20000 2.50% 2.16% 150% 2.57% 2.48% 2.55% 134% 15000 2.00% 130% 10000 5000 1. 2. 1.69% 1.50% 110% 1.00% 90% 118% 130% 1,388 1,822 2,132 107% 199% 230% 0.50% 70% 2018 2019 2020 2021 2022 Sep-23 2018 2019 2020 2021 2022 Sep-23 Non-Performing Loans divided by gross loans. Loan loss impairment provision divided by non-performing loans. 15#16Capital Adequacy Ratio 10,000 9,000 18.2% 8,000 25% 20.6% 20.6% 20.5% 17.7% 20% 456 456 442 18.0% 15% 7,000 417 1,092 1092 1,092 285 6,000 324 10% 5,000 6,206 6,351 6,329 5,911 5% 5,611 4,000 5,290 3,000 0% 2018 2019 2020 2021 2022 Sep-23 Tier II 324 285 417 442 456 456 AT-1 1,092 1,092 1092 Tier I 5,290 5,611 5,911 6,206 6,351 6,329 CAR (%) 18.2% 18.0% 17.7% 20.6% 20.5% 20.6% Tier I AT-1 Tier II CAR (%) 16#17Diversified Funding Mix Debut Syndicated Bank Facilities (Sep 2014) 3-year US$ 200 mln Syndicated Term Loan Facility for general corporate funding purposes carrying a margin of 120 basis points over LIBOR Syndication was launched in an initial amount of US$ 100 min and closed significantly oversubscribed Refinanced by a new 3 year US$ 195 mln STLF in Sep 2016. Fundraising in International Debt Capital Markets • 5-year US$ 500 mln EMTN tranche I was issued in Apr 2016 carrying a coupon rate of 3.625% and was 2.4 times oversubscribed. Repaid in April 2021. 5 year US$ 500 mln EMTN tranche II was issued in Feb 2017 at a coupon rate of 3.50% and was 4 times oversubscribed. Repaid in February 2022. 5 year US$ 500 mln EMTN tranche III was issued in Sep 2019 at a coupon rate of 3.125% and was 3.5 times oversubscribed 5 year US$ 500 min EMTN tranche IV was issued in Sep 2020 at a coupon rate of 1.875% and was oversubscribed 3 times. Perpetual debt of US$ 300 mln was issued in February 2021 @4% to be repriced in 2027. Maturity Profile With the new facilities, we have significantly improved our funding profile, positioning ourselves in line with most peers, and demonstrated our ability to access capital markets In 2018, increased and extended the tenor of approximately US$ 200 mln of committed, stable funding. 5 Tranches of 5 year US$ 500 mln EMTN each completed, thereby improving the maturity profile. Term loan bilateral facility increased from US$250 Min to US$ 400 MIn maturing in April 2026 • First tranche of US$ 500 min repaid in April 2021 Second tranche of US$ 500 mln repaid in February 2022 5 year US$ 500 mln EMTN tranche V was issued in July 2021 at a coupon rate of 2% at significant oversubscription. Maturity Profile Stable Funding % to Total Liabilities Term loan bilateral facility increased from US$ 250 MIn to US$ 400 Min maturing in April 2026 14.0 12.7 12.1 12.0 Description, Principal (QAR min) Maturity Original Tenor 10.0 10.0 Term Loan Facility (US$) 1,456.0 April 2026 4 years 8.0 EMTN Tranche 3 (US$) 1,820.0 Sept 2024 5 years 6.0 7.0 5.9 5.4 4.2 EMTN Tranche 4 (US$) 1,820.0 Sept 2025 5 years 4.0 EMTN Tranche 5 (US$) 1,820.0 July 2026 5 years 2.0 Total 6,916.0 0.0 17 البنك الأهلي ählibank CBQ DB QIB QIIB Rayan QNB Peer data as of Dec 2022#18Market Positioning Cost to Income (%) Return on Assets (%) 2020 2021 2022 Sep-23 2020 2021 2022 Sep-23 QIIB 21.2 19.8 19.7 19.7 QIIB 1.40 1.46 1.59 1.95 QIB 20.9 18.9 18.2 18.3 QIB 1.70 1.83 2.02 2.08 QNB 25.7 23.6 20.9 21.7 Dukhan 0.00 0.00 1.14 1.43 ABQ 25.6 25.4 23.1 24.0 CBQ 0.73 1.26 1.48 1.73 Rayan 21.6 22.0 29.1 26.1 ABQ 1.50 1.44 1.55 1.56 Dukhan 0.0 0.0 28.6 31.2 QNB 1.12 1.15 1.17 1.20 CBQ 27.3 30.6 22.7 28.5 Rayan 1.93 1.28 0.80 0.94 DB 31.7 30.5 33.4 36.8 DB 0.47 0.44 0.54 0.61 Return on Equity (%) NIM (%) 2020 2021 2022 Sep-23 2020 2021 2022 Sep-23 QNB 15.2 15.9 16.3 17.2 QIB 2.72 2.74 2.83 2.82 QIIB 13.9 14.3 14.6 16.3 QIIB 2.35 2.31 2.15 2.36 QIB 16.6 17.5 17.7 16.2 QNB 2.18 2.24 2.58 2.35 CBQ 6.1 11.2 13.6 15.2 CBQ 2.12 2.30 2.46 2.27 Dukhan 0.0 0.0 9.7 11.5 ABQ 2.07 2.18 2.56 2.28 ABQ 11.3 10.9 11.0 12.1 Dukhan 0.00 0.00 1.93 1.50 Rayan 15.9 10.7 5.8 6.7 DB 1.99 2.27 2.09 1.64 DB 5.4 4.7 5.3 5.8 Rayan 2.37 2.30 2.06 1.45 Peer data as of June 2023 18#19Disclaimer: The description in this Investor Relations Presentation is provided for information purposes only and is not intended to advise any person to invest in the Bank or to induce or attempt to induce any person or entity to invest in any particular bank product. The information and opinions contained herein are provided for personal use and informational purposes only and are subject to change without notice.