#1KCB INVESTOR PRESENTATION FY 2022 Performance Nairobi, 16 March 2023 For People. For Better. Closer. Connected. Courageous#2FY 2022 Investor Presentation Disclaimer The information contained herein has been prepared by KCB Group Plc ("KCB"). 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 any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. Forward looking statements Some of the information in this presentation may contain projections or other forward-looking statements regarding future events or the future financial performance of KCB. These forward-looking statements include all matters that are not historical facts. Although KCB believes that the expectations and opinions reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations and opinions will prove to have been correct. KCB or any other entity within the Group undertakes no obligation to publicly update or publicly revise any forward-looking statement, whether as a result of new information, future events or otherwise except to the extent legally required. Nothing in this document should be construed as a profit forecast. Rounding differences Please note that rounding differences may appear within the presentation. Navigation icons Read more Web link 2 For People. For Better. Closer. Connected. Courageous. KCB#3KCB 01 Group Overview For People. For Better. Closer. Connected. Courageous. 3#4FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices Our wide regional footprint enables us to facilitate seamless service, intra-regional trade and investment flows for our stakeholders. Customers 32.4M Branches 603 Employees 11,098 ATMs 1,270 Agents & Merchants 28,834 4 For People. il Appendices For Better. Closer. Connected. Courageous. KCB .....#5FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices We create value supported by a clearly defined governance structure which provides for oversight, delegation and clear lines of authority. Shareholders shareholders Accountable to BOARD OF DIRECTORS to the Board 11 Directors* 9 Non-executive and 2 Executive Reporting to the Board GROUP CHIEF EXECUTIVE OFFICER *One vacant NED position 5 For People. For Better. Closer. Connected. Courageous. Accountable Delegated authority Group delegation of authority Executive Committee Board Committees Audit and Risk Human Resources and Governance Nomination Strategy and IT No Oversight General Management Committee Assets & Liabilities Management Committee Group Operational Risk & Compliance Committee Management Credit Risk Committee KCB .....#6FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices Our senior management team mandated to ensure we remain well positioned and responsive to regional opportunities for growth. Paul Russo Lawrence Kimathi Annastacia Kimtai Group Chief Executive Officer Group Director, Finance Ag. MD KCB Bank Kenya Japheth Achola Group Director, Human Resource Simon Mbogo Ag. Group Director, Technology Cosmas Kimario Ag. Group Regional Businesses Director John Mukulu Bonnie Okumu Dr. Leonard Mwithiga Rosalind Gichuru Charles Lang'at Group Chief Risk Officer Group General Counsel Group Director, Shared Services Group Director, Marketing and Communications Group Internal Auditor 6 For People. EXCO members profiles https://ke.kcbgroup.com/about-us/our-leaders For Better. Closer. Connected. Courageous. KCB#7FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices We continue to enhance financial access through our digital channels which offer convenience and seamless service to customers. Ʌ99% of transactions by number conducted through non branch channels ^47% YoY increase in number of non-branch transactions to 713.3M as branch transactions declined by 10% to 10.1M Number of non-branch channel transactions in 2022 (M) YoY Change 17 10 9 55 Mobile Lending 64% 185 Total: 713M 7 For People. For Better. Closer. Connected. Courageous. ■Mobi Service* 39% ■Agency (2%) ■Merchant POS 31% 437 ATMs *Mobi service includes B2C, C2B, B2B, Lipa Karo and Float purchase (6%) ■Internet Banking 56% KCB#8FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices We drive financial inclusion through consistent growth in the mobile lending book to personal customers and micro enterprises. ^ 23% Growth in value of mobile loans disbursed driven by Fuliza and KCB Mobi loan Value of mobile loans disbursed in 2022 (KShs B) 124.4 43.2 ■Fuliza 29% Average ticket: KShs 302 KCB MPESA 5% Average ticket: KShs 4,923 8 For People. For Better. Closer. Connected. Courageous. 21.6 2.4 ■KCB Mobi Loan 1.4 Total value of mobile loans 193.1B 36% Average ticket: KShs 21,076 ■ Kopa Float Launched in 2022 ■Retailer Finance ▲ 112x KCB#9FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices 30% growth in the value of transactions conducted through digital channels driven by mobile and internet banking. ▲ 54% Λ of transactions by value conducted through non branch channels ^ 6% YoY growth in value of branch transactions to KShs 4.4 trillion Value transacted through digital channels in 2022 (KShs B) 568 103 425 YoY Change ■Mobi Service* 29% Internet Banking 61% Total: 5,211B 2,752 ■Agency (5%) 1,362 *Mobi service includes B2C, C2B, B2B, Lipa Karo and Float purchase 9 For People. For Better. Closer. Connected. Courageous. ■ ATMs 17% ■Merchant POS 54% KCB#10FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices. Non funded income (NFI) from digital channels grew by 21% supported by increased usage of internet banking, mobile banking and merchant POS terminals Total NFI from digital channels KShs 8,738 M Digital channels non funded income in 2022 (KShs M) Mobile banking Agency and Merchant POS 1,971 10 For People. For Better. Closer. Connected. Courageous. Internet Banking 466 YoY Change 5,930 22% 21% 39% ATMs 371 3% KCB#11KCB 02 Operating Environment For People. For Better. Closer. Connected. Courageous. 11#12... $ FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices Operating environment characterized by currency depreciation and rising inflation however we remain well positioned to navigate these challenges. Tailwinds Strong projected GDP growth rates across the region in the medium term. Headwinds Sustained pressure on local currencies exchange rates to the US dollar exacerbating inflationary pressures and eroding purchasing power. Kil ། Continued resurgence of business activities across the region though some sectors still lag behind. Unfavourable weather conditions continue to impact on agricultural production and economic performance. } il Appendices KCB Improved confidence in the business environment in Kenya following peaceful general elections and a seamless transition. Effects of the global geopolitical risks in the regional economies. 12 For People. For Better. Closer. Connected. Courageous.#13FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices As we deepen our presence in the region, we seek to embed best ESG practices as we endeavor to build a future-proof responsible business CO₂ Sustainable Cities and Communities 80 Responsible Consumption and Production Climate Action Peace and Justice Partnerships to Strong Institutions achieve the Goal 16 Leading the transition to a low carbon future Impactful partnerships Developed concept notes in transport, infrastructure and agriculture sectors for consideration for GCF funding. Partnered to drive adoption of e-mobility among public transport operators and riders. Partnered with schools and local communities to support afforestation programmes Embracing the culture of responsible banking KShs 270.4B screened under ESDD By conducting an Environmental & Social Due Diligence (ESDD) assessment on our business activities, ongoing projects and potential projects, we determine the Group's potential social and environmental impacts and ensure that negative impacts are mitigated. Championing sustainable finance via Green lending 12.3% of the loan portfolio in Kenya and 16.0% in Rwanda As a member of the Net Zero Banking Alliance, we are keen on reducing our carbon emissions and achieving our Net Zero target by 2050. To achieve this, we have progressively grown our green lending portfolio. Our goal is to achieve positive impact on the environment while ensuring alignment with global best practices. 13 For People. For Better. Closer. Connected. Courageous. More details in our Sustainability report available at https://kcbgroup.com/sustainability/ KCB#14FY 2022 Investor Presentation We leverage on our products, policies and programmes to deliver social impacts in the markets we operate in and embed a solid governance framework No Poverty Decent Work and Industry, Innovation Reduced Inequality Economic Growth and Infrastructure FAN YOUR Group Overview | Operating Environment | Financial Performance | Appendices 10 flme Focus on affordable housing through competitive affordable housing mortgage proposition targeting lower- middle and middle-income earners. Tailormade propositions for small businesses and women owned enterprises. Driving financial inclusion and literacy through innovative digital solutions. Support for schools through LPG gas solutions, infrastructure financing and digital learning lessons. For People. 14 For Better. Tackling youth unemployment through 2Jiajiri programme with 4,386 jobs created in 2022. Donated KShs 130 million to support drought response initiatives. Scaled up scholarship programme reaching 1,326 high school and 217 tertiary students from disadvantaged backgrounds. KShs 5.2 million grant to support visa and travel expenses for youth seeking employment in cruise lines. Closer. Connected. Courageous. Diverse composition and wide mix of skillset across Group and subsidiary Boards Diverse and inclusive workforce Proportion of female employees: 47% Employees living with disabilities: 36 Procurement contracts awarded to special interest groups doubled to KShs 803M Implementation of climate risk roadmap Updated Board Audit and Risk Committee charter to include ESG considerations. Reviewed credit and sustainability policies to enhance management of climate risks. KCB .....#15FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices We take pride in having consistently been rated and ranked among the leading financial institutions in the continent based on various parameters MOODY'S INVESTORS SERVICE 2020 2021 2022 Rating B2 B2 B2 Outlook Negative Negative Negative Credit rating affirmed KCB's: Solid profitability metrics • Stable deposit-based funding structure Strong capital buffers • Best Bank in Kenya by Euromoney Awards for Excellence 2022 Best Sustainable Bank by The International Business Magazine Best Retail Bank, Best SME Bank and Best Investment Bank in Kenya by Global Finance magazine Most Valuable Banking Brand in Kenya by Brand Finance Best Bank in Sustainable Finance in Kenya by Global Finance: Sustainable Finance Awards and by SFI Catalyst Awards Best Green Bank and Best Banking Group in Kenya by World Economic Magazine Best CSR Bank and Best Investment Bank in East Africa by Global Business Magazine NBK Awarded Most Sustainable Financial Services company in Kenya by Finance Derivative Magazine NBK Awarded Best in Customer Satisfaction and Happiness and Best Bank for Sustainable Development in Kenya by Global Banking and Finance Awards KCB Bancassurance awarded best intermediary in customer centricity, technology application, life and non-life products by Think Business Insurance Awards 15 For People. For Better. Closer. Connected. Courageous. KCB#16KCB 03 Financial Performance For People. For Better. Closer. Connected. Courageous. FRAGE 16#17FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices 36.4% growth in balance sheet to KShs 1.55 trillion driven by strong loan growth across all our businesses and the full consolidation of TMB's balance sheet into the Group's results. Funding 35.6% Customer deposits: 1,135 16.6% Equity: 200 69.4% Borrowings: 64 69.3% Other liabilities: 155 17 For People. For Better. Closer. Connected. Courageous. Utilization Net loans: 863 27.8% Govt securities: 295 6.9% Short term funds*: 255 ^ 159.3% Other assets: 141 56.8% *Cash and balances due from Central Bank, local and foreign banking institutions KCB Amounts in KShs Billion#18FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices Our regional businesses continue to register meaningful growth and accelerate their contribution to the Group driven by increased lending and acquisition activities 37.5% Proportion of assets in subsidiaries outside of KCB Bank Kenya up from 27.5% in 2021 13.5% Contribution to Total Group Assets from TMB Assets distribution per subsidiary YoY Change KCB Kenya 18% ■ TMB N/A NBK (3%) 143 56 94 KCB Kenya 971 Non-KCBK 583 BPR 25% 58 ■KCB Tanzania 45% 35 210 ■ KCB Uganda 45% 18 16 0 ■KCB S Sudan 20% ■ KCB Burundi 33% Numbers include the holding company balances which are consolidated as part of the overall Group position Other subsidiaries N/A 18 For People. For Better. Closer. Connected. Courageous. Amounts in KShs Billion KCB#19FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices We posted a strong growth in gross loans across all segments of the business driven by increased lending to support recovery in economic activities Ʌ25.4% Growth in gross customer loans driven by improved lending in personal, building & construction and manufacturing sectors. Organic and inorganic growth accounted for 16.7% and 8.7% increase in gross loans respectively Gross loans growth 745 107 82 934 19% ■LCY ■FCY 81% Dec-21 Retail Corporate Dec-22 19 For People. For Better. Closer. Connected. Courageous. Amounts in KShs Billion KCB#20FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices NPL ratio improved by 420 bps in H2 of 2022 as a result of concerted effort to bring down the size of the nonperforming book especially in the KCB Bank Kenya and NBK businesses Significant reduction in NPL stock and ratio Non-performing loans evolution driven by building & construction, real estate and manufacturing sectors 173.4 161.2 122.9 20 For People. For Better. Closer. Connected. Courageous. 21.5% 17.3% 16.5% FY 21 H1 22 NPL ratio FY 22 Gross NPL (KShs B) KCB#21FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices Regulatory and IFRS coverage ratios impacted by growth in the non-performing book 70% Medium term target level for Regulatory and IFRS coverage ratios Coverage ratios 60.7% 54.2% 21 For People. For Better. Closer. Connected. Courageous. 46.1% 64.6% FY 21 H1 22 ■IFRS coverage ratio 44.1% 60.7% FY 22 ■Regulatory coverage ratio KCB#22FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices Assets yield down 30bps YoY to 10.1% due to the impact of suspension of interest on loans and advances that migrated to NPL and offset by improved yields on Government securities 11.5% Yields from Government securities in 2022. This improvement contributed immensely Loans and Govt. securities 276 to the funded income. Yields vs Cost of funds 10.4% Assets yield 10.1% 295 863 675 2021 2022 Government securities Loans and advances 22 For People. For Better. Closer. Connected. Courageous. 7.6% NIMS 7.0% 3.1% 2.8% CoF 2021 Amounts in KShs Billion 2022 KCB#23FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices Customer deposits crossed the trillion shillings mark growing to KShs1.135 trillion, driven by organic growth in the existing businesses and the acquisition of TMB. Ʌ35.6% Growth in customer deposits driven by demand, term and savings. Organic and inorganic growth accounted for 13.3% and 22.3% increase in deposits respectively. Deposits mix Growth in customer deposits (KShs B) 837 212 17 20 49 Corporate:Retail 48%:52% LCY:FCY 71%:29% Deposits by type 2022 66% 6% 22% 6% 1,135 ■Demand ■Savings Term ■Call 2021 2021 Demand Term Savings Call 2022 23 For People. For Better. Closer. Connected. Courageous. 64% 6% 24% 6% KCB#24FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices Core capital positions across banking subsidiaries in the Group are adequate to support growth of risk weighted assets NBK was below the minimum total capital requirement by 100bps. Core Capital Adequacy Ratios KCB Group 7.5% KCB Bank Kenya 5.4% 3.4% 0.4% The Group plans to 10.5% 10.5% 10.5% 10.5% remedy this shortfall within H1 2023. 2021 2022 2021 Total Capital Adequacy Ratios 2022 KCB Group KCB Bank Kenya 7.2% 5.7% 0.7% 2.6% 14.5% 14.5% 14.5% 14.5% 2021 2022 2021 2022 24 For People. Minimum statutory ratio ■Headroom For Better. Closer. Connected. Courageous. KCB#25FY 2022 Investor Presentation Revenue improved by 19.6% driven by non-funded income (NFI) from lending fees, forex and trade finance as well as funded income from investment in Government securities. Group Overview | Operating Environment | Financial Performance | Appendices Costs grew by 24.1% driven by BPR amalgamation activities, TMB acquisition, increased spend on customer acquisition initiatives, investments in technology and increases in overall staff remuneration. 15.3% Interest income: 117.8 16.9% Service fees: 12.3 69.2% FX income: 11.1 20.6% Lending fees: 10.6 83.4% Other income: 9.2 Interest expense: 31.1 27.1% Staff costs: 30.2 22.4% Provisions: 13.2 1.7% Other opex: 29.1 26.0% PBT: 57.3 19.9% 25 For People. KCB For Better. Closer. Connected. Courageous. Amounts in KShs Billion#26FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices We continue to consistently deliver value to our shareholders with an ROE of 23.0% and KShs 6.4 billion in total dividends for 2022 The Board of Directors recommend a final dividend of KShs 1.00 per share, to be paid on or about 26 May 2023, to shareholders on the Register of Members at the close of business on 6 April 2023 DPS (KShs) 26 For People. For Better. Closer. Connected. Courageous. 3.50 3.50 3.00 2.50 2.50 2.00 2.00 1.00 1.00 1.00 1.00 1.00 1.00 2018 2019 2020 2021 2022 ■Interim Final KCB#27FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices 47% increase in PBT from subsidiaries outside of KCB Bank Kenya driven by Rwanda, Uganda and Tanzania businesses. Ʌ17.0% PBT contribution from subsidiaries outside of KCB Bank Kenya in 2022, PBT contribution per subsidiary up from 13.9% in 2021 YoY Change ■ KCB Kenya 21% BPR 137% 1,242 1,017 ■KCB Tanzania 47% 823 KCB Kenya 48,911 Non-KCBK 1,570 793 9,782 KCB S Sudan 25% 638 ■ NBK (33%) 3,699 KCB Burundi 32% KCB Uganda 115% KCBBIL* 21% Numbers include the holding company balances which are consolidated as part of the overall Group position * KCB Bancassurance Intermediary Limited KCB Amounts in KShs Billion 27 For People. For Better. Closer. Connected. Courageous.#28FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices Strong performance against our 2022 outlook - M&A activities propelled loans and deposits growth and slowed the increase in CoF but weighed down CIR Significant improvement in Q4 in NPL ratio as well as loan and deposits growth NIMS impacted by rising costs of borrowings coupled with interest suspension on NPLs 2022 Actual 2022 Projection 2023 Outlook NFI Ratio 33.0% 33.3% 36.0% Cost/Income ratio 44.0% 45.7% 45.0% NPL ratio 15%-17% 17.3% 13.0% Cost of risk 1.7% 1.8% 1.2% Cost of funds 2.7% 3.1% 2.7% NIMS 7.0% 7.7% 7.8% Asset yield 10.5% 10.1% 10.4% Loan growth 15.0% 27.8% 10.0% Deposit growth 14.0% 35.6% 15.0% ROE 23.0% 25.6% 28 For People. For Better. Closer. Connected. Courageous. KCB .....#29KCB 04 Appendices For People. For Better. Closer. Connected. Courageous. 29#30FY 2022 Investor Presentation Overview of key financial ratios KCB GROUP Group Overview | Operating Environment | Financial Performance | Appendices FY 2022 KCB KCB FY 21 H1 22 Q3 22 Kenya Group 22.4% 23.0% 23.3% Return on average equity 28.1% 23.0% 44.0% 45.7% 16.5% 21.5% 45.1% Cost to income 38.0% 45.7% 18.2% Gross NPL to gross loans 19.6% 17.3% 60.0% 54.6% 61.4% NPL regulatory coverage 57.7% 60.7% 21.3% 22.5% 33.4% Debt to equity 44.2% 31.8% 28.5% 32.1% 33.2% Non funded income (NFI) to total income 34.4% 33.3% 25.3% 21.8% 25.8% Mobile NFI to total fees and commissions 34.5% 25.2% 2.8% 3.0% 3.0% Cost of funds 3.0% 3.1% 7.6% 7.0% 7.0% Net interest margin 7.3% 7.0% 2.0% 1.2% 1.4% Cost of risk 1.4% 1.7% 80.7% 80.4% 82.3% Net loans to deposits ratio 88.5% 76.2% 24.2% 23.5% 21.7% Government and other securities to total assets 21.2% 19.1% 13.5% 9.1% 15.6% 20.3% 16.4% Growth of net loans and advances 16.0% 27.8% 7.4% Growth of customer deposits 11.2% 35.6% 30 For People. 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KCB#31FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices Summary statement of financial position as at 31 December 2022 KCB Group KCB Bank Kenya KShs Billion Y-O-Y 2021 2022 2021 2022 Change Y-O-Y Change Cash and balances with central bank 53.2 65.1 22% 37.0 42.3 14% Balances with other institutions 45.0 189.6 321% 8.4 25.1 200% Investments in Government & other 276.3 295.4 7% 187.6 205.9 10% securities Net loans and advances 675.5 863.3 28% 529.3 613.9 16% Fixed assets 32.4 42.3 31% 20.0 22.4 12% Other assets 57.2 98.2 72% 44.1 61.7 40% Total assets 1,139.7 1,554.0 36% 826.4 971.4 18% Customer deposits 837.1 1,135.4 36% 624.5 694.5 11% Balances due to other banks 44.3 55.6 25% 9.8 25.6 162% Long-term debt 37.6 63.6 69% 33.6 54.6 62% Other liabilities 47.1 93.2 98% 34.7 73.3 111% Total liabilities 966.2 1,347.8 39% 702.6 848.0 21% Shareholders' equity 171.7 200.2 17% 123.8 123.4 (0%) Total liabilities and equity 1,137.9 1,554.0 37% 826.4 971.4 18% 31 For People. For Better. Closer. Connected. Courageous. KCB .....#32FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices Summary statement of Profit or Loss for the year ended 31 December 2022 KCB Group KCB Bank Kenya Y-O-Y Y-O-Y KShs Billion 2021 2022 2021 2022 Change Change Interest income 102.2 117.8 15% 78.4 83.3 6% Interest expense (24.5) (31.1) 27% (16.9) (21.9) 30% Net interest income 77.7 86.7 12% 61.5 61.4 (0%) Foreign exchange income 6.5 11.1 69% 4.0 8.9 126% Net fees and commissions 19.4 23.0 19% 14.9 17.2 15% Other income 5.0 9.2 83% 3.4 5.5 60% Non-funded income 30.9 43.3 40% 22.3 31.5 42% Total Income 108.6 129.9 20% 83.8 92.9 11% Total operating expenses (47.8) (59.4) 24% (32.6) (35.3) 8% Loan impairment (13.0) (13.2) 2% (10.7) (8.7) (18%) Profit before tax 47.8 57.3 20% 40.5 48.9 21% Tax expense (13.6) (16.5) 21% (11.9) (14.2) 19% Profit after tax 34.2 40.8 20% 28.6 34.7 22% 32 For People. For Better. Closer. Connected. 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KCB#33FY 2022 Investor Presentation Key operating data Group Overview | Operating Environment | Financial Performance | Appendices FY 2021 H1 2022 Q3 2022 FY 2022 KCB Footprint Branches 492 494 498 603 Number of Customers (Million) 28.4 30.1 30.9 32.4 ATMs1 1,178 1,168 1,172 1,270 Agency outlets² 16,441 18,156 21,176 21,480 POS/Merchant outlets² 6,072 6,405 6,546 7,354 8,538 8,877 8,803 11,098 Total number of employees KCB Share Information Earnings Per Share (KShs) 10.61 12.15 12.64 12.71 Dividend Per Share (KShs)³ 3.00 1.00 1.00 Number of issued shares (Million) 3,213 3,213 3,213 3,213 Number of shareholders 193,274 193,190 193,430 193,615 Period-end share price (KShs) 45.45 38.65 41.45 38.10 Market capitalization (KShs Billion) 146.1 124.2 133.2 122.4 FX Rates KShs/US$ exchange rate (period-end) 113.14 117.83 120.73 123.37 Notes 1 Includes 533 partner ATMs which KCB customers have access to at no extra charges 2 Active agents and merchants 3 Interim and proposed final dividend for 2022 amounting to KShs 2.00 per share 33 For People. 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KCB .....#34FY 2022 Investor Presentation Group Overview | Operating Environment | Financial Performance | Appendices KCB regional footprint and key macros as at 31 December 2022 Kenya¹ Tanzania South Sudan Rwanda² Uganda Burundi DR Congo KCB Footprint Branches ATMs 297 15 14 152 14 6 105 522 17 14 77 14 8 Agency outlets 16,874 373 48 711 366 170 85 2,938 POS/Merchant outlets Total number of employees 5,791 570 21 103 281 56 532 7,313 301 156 1,159 274 142 1,752 Operating environment GDP growth 2021 7.5% 4.9% 5.3% 10.9% 6.7% 3.1% 6.2% 2022 estimated 5.5% 4.5% 6.5% 6.0% 4.4% 3.3% 6.1% 2023 projection 5.1% 5.2% 5.6% 6.7% 5.9% 4.1% 8.0% Inflation rates Dec-21 5.7% 4.2% (8.5%) (2.0%) 2.9% 10.0% 4.2% Dec-22 9.1% 4.8% (11.6%) 31.7% 10.2% 26.6% 14.1% Movement in currency/USD in 2022 (9.1%) (0.5%) (54.7%) (6.0%) (4.8%) (2.9%) (1.1%) Central Bank rates Dec-21 7.0% 5.0% 12.0% 4.5% 6.5% 6.0% 8.5% Dec-22 8.75% 5.0% 20.0% 6.5% 10.0% 7.0% 7.5% Current account balance/GDP 2021 (5.4%) (3.3%) (2.7%) (10.9%) (8.3%) (13.4%) (0.9%) 2022 estimated (4.9%) (4.4%) 8.6% (12.6%) (8.0%) (14.9%) 0% 2023 projection (5.4%) (3.9%) 2.1% (11.7%) (10.2%) (14.1%) 0% Notes 1 Kenya footprint are consolidated data for KCB Bank Kenya and NBK. 2 Rwanda footprint post amalgamation of KCB Bank Rwanda and BPR to form BPR Bank Rwanda Plc with effect from 1 April 2022. 34 For People. For Better. Closer. Connected. Courageous. KCB#35FY 2022 Investor Presentation Company information 血 مسا Group Overview | Operating Environment | Financial Performance | Appendices Registered office KCB Group Plc Kencom House Moi Avenue P. O. Box 48400 - 00100 Nairobi, Kenya Contact information KCB Investor Relations [email protected] www.kcbgroup.com Stock listing Primary Nairobi Securities Exchange Trading symbol: KCB Cross listing Dar-es-Salaam Stock Exchange Uganda Securities Exchange Rwanda Stock Exchange Auditors PricewaterhouseCoopers LLP PwC Tower Waiyaki Way/Chiromo Road P. O. Box 43963 - 00100 Nairobi, Kenya Share registrars Image Registrars Limited 5th Floor, Absa Towers Loita Street P. O. Box 9287 - 00100 Nairobi, Kenya [email protected] 35 For People. For Better. Closer. Connected. Courageous. KCB#36KCB THANK YOU For People. For Better. Closer. Connected. Courageous.