#1Investor Presentation 9M 2023 S USA A # ***** 23-213 The cab wxxxxx TUAREA wwwww Riyad Bank - Investor Presentation - 30/09/23 General Business#2Contents Riyad Bank Profile 3 Strategy 7 Sustainability 15 Operating Environment 17 Financial Performance 22 Appendix 52 General Business#3Riyad Bank Profile Riyad Bank - Investor Presentation - 30/09/23 General Business 3#4Summary Profile Riyad Bank is the third largest bank in Saudi Arabia Profile / Strategy / Sustainability / Environment / Financials / Appendix Our Mission: To be the most innovative & trusted financial solutions partner Our Employees: Employees 3Q 2023 Key Metrics Assets SAR bn Loans, Net SAR bn Deposits SAR bn SAMA LDR Ratio Female Employees 7,259 31% Operating Income Cost to Income Ratio 377 3Q: 4.0 9M: 12.0 SAR bn 30.9% Pre-Impairment Operating Cost of Risk* Income 3Q: 2.7 267 9M: 8.3 SAR bn 0.70% Net Income T1 Capital 255 SAR bn 2.1 LCR NSFR 82.0% 168.8% Riyad Bank - Investor Presentation - 30/09/23 * Credit risk only Our Presence: London China (Soon) Houston Singapore H.O in Saudi Arabia, Riyadh Rating LT ST Outlook Branches (Licensed) 335 S&P Global A- A-2 Stable 17.6% Ratings **ATMs Fitch Ratings A- F2 Stable 2,214 **Pos 113.5% Moody's A2 P-1 Positive 216,927 **Source: SAMA bulletin September 2023 General Business 4#5Market Shares Profile / Strategy / Sustainability / Environment / Financials / Appendix Riyad Bank is consistently in the top 3 KSA banks across a range of metrics. 2022 Total Assets (SARbn) & Market Share (%) 945.5 2022 Oper. Income (SARbn) & Market Share (%) 33.0 2022 Net Income (SARbn) & Market Share (%) 18.7 17.2 28.6 762.4 28.0% 359.7 314.5 22.5% 232.1 212.6 10.6% 9.3% 6.9% 6.3% 27.5% H 13.6 23.8% 9.8 8.0 8.0 11.3% 8.2% 6.7% 6.6% 29.9% 7.0 27.3% 4.9 3.6 3.6 11.2% 7.8% 5.7% 5.7% Peer 1 Peer 2 Riyad Bank Peer 3 Peer 4 Peer 5 Peer 1 Peer 2 Riyad Bank Peer 3 Peer 4 Peer 6 Peer 1 Peer 2 Riyad Bank Peer 3 Peer 6 Peer 4 Retail Banking Market Share (%) Corporate Banking Market Share (%) Treasury & Investment Market Share (%) 10.2% 9.3% 9.4% 9.2% 14.4% 8.4% 8.2% 13.6% 13.2% 13.3% 12.9% 8.2% 8.4% 8.4% 12.5% 7.8% 7.9% 13.5% 6.9% 12.69% 11.8% 11.6% 11.5% 11.2% 10.7% 10.5% IB & Brokerage Market Share (%) 15.1% 15.1% 14.8% 13.9% 13.9% 12.9% 12.9% 14.0% 13.5% 13.6% 13.0% 12.9% 10.7% 12.6% 10.5% 12.0% 9.6% 8.9% 8.3% 8.4% 8.0% 2017 2018 Assets 2019 2020 2021 2022 Operating Income 2017 2018 2019 Assets 2020 2021 2022 2017 Operating income 2018 2019 Assets 2020 2021 2022 2017 Operating Income 2018 2019 Assets 2020 2021 2022 ■ Operating Income Riyad Bank - Investor Presentation - 30/09/23 Sources: Bank financial statements General Business 5#6Profile / Strategy / Sustainability / Environment / Financials / Appendix Market Parameters Riyad Bank is a liquid stock with strong domestic ownership Market Capitalization 30 Sep 2023 -12.7% 52-week Trading Range (SAR) 30 Sep 2023 Riyad Bank Share Price Performance (Indexed to 1 Jan 2021) YTD 25.60 - $37.45 SAR Billion Valuation Metrics 83.250 12.0x P/E Ratio (FY-22) 1.63x 4.1% P/TBV (3Q-22) Dividend Yield (FY-22) Riyad Bank Daily Share Trading Value (SAR millions) 45 01-21 03-21 06-21 09-21 12-21 03-22 06-22 09-22 12-22 03-23 05-23 08-23 Riyad Bank - Investor Presentation - 30/09/23 Daily value Average Sources: Tadawul, Capital IQ 01-21 03-21 06-21 09-21 12-21 03-22 06-22 09-22 12-22 03-23 05-23 08-23 Tadawul Bank Index Shareholder Origin (%) ■Foreign Domestic MSCI KSA 10.4% 89.6% Riyad Bank +38% +37% +23% General Business 6#7Strategy Riyad Bank - Investor Presentation - 30/09/23 General Business 7#8Strategy Background Profile / Strategy / Sustainability / Environment / Financials / Appendix We all know that Saudi Arabia and its Banking Landscape are transforming Sustainability ■ Core component of banking operations and strategy Industry Evolution ■ Customer expectations ■ Growing competition (Fintechs/M&A) Mortgage to Corporate shift with V2030 Macro Pressure ■ Covid: digitization & work-life patterns Rising geopolitical disruptions "Higher for longer" rates environment Liquidity pressures / cost Riyad Bank - Investor Presentation - 30/09/23 General Business 8#9Strategy Summary To stay ahead, Riyad Bank is transforming too Profile / Strategy / Sustainability / Environment / Financials / Appendix Enabled through Digitalization Innovation: Ecosystems, Fintech, Advanced Analytics Efficiency: Straight-Through-Processing, Distribution Next-gen operating model: Agile, IT Infrastructure Corporate Corporate bank of Choice in V2030 Infrastructure Retail Restore natural market share in Retail Maintain SME leadership position Riyad Bank - Investor Presentation - 30/09/23 Private and affluent banking General Business 9#10Strategic Journey We have already come a long way on this journey Profile / Strategy / Sustainability / Environment / Financials / Appendix Share Price (SAR) Strategy Launch Transformation Started Avg. Share Price SAR 16.99 Refresh Strategy Strategy Refine Key Aspirations Avg. Share Price SAR 30.39 2023 ◉ 2017: A bold new aspiration and strategy was developed to transform the bank and accelerate growth 2018: Balanced performance and health transformation to fix the basics 2019: Leapfrog competition through accelerated growth, disruptive business models 2020: Strategy was refined due to significant market disruptions 2021: Focus on innovation and digitization 2023: Become the best bank in KSA Strategy Refreshed Strategy Refined Avg. Share Price SAR 26.37 2017 2018 2019 2020 2021 2022 Riyad Bank - Investor Presentation - 30/09/23 General Business 10#11Corporate Strategy Profile / Strategy / Sustainability / Environment / Financials / Appendix We build on our Corporate Banking DNA and continue to grow market share Corporate Banking Market Share Riyad Bank is #2 in KSA Corporate Banking Top 3 Banks by Corporate Loans and Advances, net 21% Peer 1 13% 12% Riyad Bank Peer 3 Riyad Bank - Earnings Presentation - 06/11/23 Strategic Priorites Vision 2030 Become the leading player in Vision 2030 projects, including Giga Projects and KSA's sustainability agenda MSMES Achieve optimum involvement in growing MSME segment - expand and scale up external partnerships Innovate Expand capabilities across products & services General Business 11#12Retail Strategy Profile / Strategy / Sustainability / Environment / Financials / Appendix We aim to capture market share across key Retail markets. Retail Banking Market Share Riyad Bank is #3 in KSA Retail Banking Top 3 Banks by Retail Loans and Advances, net 39% Peer 1 Riyad Bank - Earnings Presentation - 06/11/23 29% Peer 2 Strategic Priorites Mobile First Consolidate market share with distinctive mobile-first products Customer Acquisition Prioritize customer acquisition and CASA growth to secure low-cost funds 9% Riyad Bank Customer Experience Optimize and modernize branch footprint to offer distinctive user experience General Business 12#13Digital Strategy Profile / Strategy / Sustainability / Environment / Financials / Appendix Riyad Bank aims to lead Saudi Arabia's digital banking evolution Key Focus Areas Innovation Efficiency Already launched Al-enabled Relationship Manager Workbench Center of Intelligence Digital Factory (JEEL) with end-to-end solutions Advanced features for "Token" kids apps What's Next? Next-gen Retail App transforming CX Home-ownership Ecosystem MSME platform Front-to-back digitization 232 RPAs at work 177 RPAs in progress Optimized Procurement Platform Branch Format Optimization 20 new branches Next-Gen Operating Model Agile Development for better time-to-market Upgrade core banking system API Marketplace & Developer Portal Riyad Bank - Investor Presentation - 30/09/23 Digital Innovation Centre Venture Builder Program 2 x Ventures ready to go to market General Business 13#14Strategic Aspirations Our ambition is to be the best Bank in KSA Strategic Pillars Definition Focus Area Profile / Strategy / Sustainability / Environment / Financials / Appendix Most Profitable பப 0000 Sustainable profit growth and returns to shareholders Profitability Growth Most Efficient Highest return on spend and operational excellence Cost Efficiency Operational Efficiency Bank of Choice Best bank for customer, employees and society Customer People ESG Most Innovative & Digitally Enabled Riyad Bank - Investor Presentation - 30/09/23 Most innovative and digitally enabled bank Digital Innovation General Business 14#15Sustainability Update Riyad Bank - Investor Presentation - 30/09/23 General Business 15#16ESG Highlights Profile / Strategy / Sustainability / Environment / Financials / Appendix Embedding corporate responsibility and sustainability into the Bank's strategy Environmental Social Governance World Day to Combat Desertification we conduct a ظاهرة التصحر أبعادها " Seminar in collaboration "وتداعيتاها with Environmental Green Horizons Society 7.7Tons Recycling: First Quarter: Papers and plastic 750M The world's first sustainable AT1 Sukuk and the first Sukuk on the BSM Reduce With Us we launched "Reduce With Us" initiative in order to reduce environmental pollution and carbon emissions by recycling used devices. Financial literacy we activated Token Awareness to increase kids' financial literacy and encourage them to save. for Al-Hilal Academy teams. Hosting Non-profit Organizations As part of our commitment to the community by offering our facilities to conduct workshop for NGOs and to activate knowledge pillar, we hosted a conference in data-science. Purple Saturday Riyad Bank participated in the Purple Saturday initiative by offering a variety of promotions for PWDs. (Mortgage and Hassad offer's) we held a ,إتعلمها معنا workshop in Saudi Sign Language, "Fundamentals of Sign Language," in order to foster social, cognitive, and cultural bonds among RB employees. 65 beneficiaries Updated guidelines to meet the needs of persons with disabilities 5 Diversity First female board member Independent Board Directors Cyber security ISO/IEC 27001:2013 (PCI DSS) Certification ISO business Continuity ISO22301:2019 5 Board Subcommittees ISO/DIS 37301:2020 Compliance Goal Initiative As part of our cherished partnership with Al-Hilal, we are excited to introduce an environmentally conscious initiative under Bukra program for the upcoming season. For every Goal fulfilled by Al-Hilal, we intend to plant 100 trees, ö We planted 1400 Trees. Save 10.9 Ton Carbon ISO-Proud to announce that we have recently obtained the ISO 26000 certification n social responsibility Riyad Talk-Social Sustainability SAR 13.9mn Donation amount: Total 432,902 transactions Riyad Talk hosted a session titled "The future of social sustainability in the Kingdom" with Mrs. Dimah Al-Sheikh- the Executive Director of Misk Values +15 New adopted governance policies and frameworks Riyad Bank - Investor Presentation - 30/09/23 General Business 16#17Operating Environment Riyad Bank - Investor Presentation - 30/09/23 General Business 17#18Profile / Strategy / Sustainability / Environment / Financials / Appendix Global Economy Global recovery is expected to slowly pick up in 2024 Global growth has bottomed out in 2023. The expectation in October that 2024 will grow at 3.2%. Prices have also responded to monetary tightening. However, it will be slower than anticipated in the coming years. Global growth is still below the historical average of 3.8% with slight improvement next year. Global Inflation expectations have shifted from April to Oct. Higher inflation rates may last longer than initially anticipated. Economic Outlook (%) Inflation Expectations (%) 3.0 3.0 2.9 -3.2 1.8 2.1 1.5 1.8 5.2 4.5 5.0 4.2 1.9 2.8 4.0 7.0 4.9 3.93.6 6.9 5.8 4.6 4.2 4.7 2.6 4.6 3.0 2.22.0 2.11.9 Hanli uma July World Oct 1.0 0.9 1.5 0.7 0.8 July Oct July Oct July Oct July Oct April Oct April US Euro Area China Saudi Arabia World 2023 ■2024 Advanced 2023 2024 2025 2026 Global PMI Sep-23 49.1 +0.6% Jun-23 Fed Funds (%) Upper 48.8 5.50 Riyad Bank - Investor Presentation - 30/09/23 25bps Lower USD Index Sep-23 5.25 106.2 Sources: FRED, GASTAT, Riyad Bank 8.6 8.5 7.8 6.5 6.2 5.7 5.2 4.7 Oct April Oct Emerging +3.2% Jun-23 3M SOFR (%) Sep-23 +25bps Jun-23 10y Treasury Yield Sep-23 +70bps Jun-23 Brent Oil ($/b) Sep-23 +22.3% Jun-23 102.9 5.31 5.06 4.50 3.80 92.20 75.41 General Business 18#19Profile / Strategy / Sustainability / Environment / Financials / Appendix KSA Economic Growth Saudi growth is lagging and driven by the private sector The real economy grew by 1.2% YoY in the Second Quarter of 2023, driven by 6.1% increase in non-oil activities while oil activities declined by 4.3%. Real GDP is running below trend in Q2 pushing inflation pressures to ease. Real Non-oil Private GDP for Q2 expanded by 6.1% in line with Riyad Bank PMI reading for the same period. Real GDP (SAR billions) 800 750 700 650 600 550 Non-oil Private GDP Growth 3.8% Q1 61 59 57 1.2% Q2 Riyad Bank PMI 55 53 51 49 47 45 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Real GDP Trend Real GDP Growth (%) 2Q-23 -1000bps 1.2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2018 2019 2020 2021 PMI Index Non Oil GDP 2022 2023 20% 15% 10% 5% 0% -5% -10% -15% Riyad Bank PMI 2Q-22 Sep-23 -4.0% Jun-23 REPO Rate (%) Repo RRepo Money Supply (YoY) Sep-23 -1.1ppt Jun-23 Credit Growth (YoY) Sep-23 -0.37bps Jun-23 Fiscal Balance (SARbn) Sep-23 -30.5Bn Jun-23 11.2 57.2 59.6 6.0 5.5 8.0% 9.1% 9.9% 10.2% -35.7 -5.2 Riyad Bank - Investor Presentation - 30/09/23 Sources: GASTAT, Riyad Bank General Business 19#20Profile / Strategy / Sustainability / Environment / Financials / Appendix KSA Inflation and PMI Moderate price pressures remain on strong demand Inflation rate increased by 1.7% compared to the same month of previous year, driven by higher prices of housing, water, electricity, gas, and other fuels which rose by 8.1% from a year earlier. CPI Inflation eased to 1.7% YoY in Sep from 2% in Aug, with rents and food prices continue to be the main driver. CPI Inflation (%) Riyad Bank PMI continued its expansion in Q3 to signal strong performance by the non-oil sector driven by the new orders. Riyad Bank PMI & Components 5.0% 70 4.0% 65 3.0% 60 1.7% 2.0% 55 1.0% 50 0.0% 45 -1.0% -2.0% 40 40 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Real GDP Growth (%) 2Q-23 -1000bps 1.2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2021 2022 2023 General Index Goods Services ■PMI Index New Orders ■Employment 2Q-22 Riyad Bank PMI Sep-23 -4.0% Jun-23 REPO Rate (%) Repo RRepo Money Supply (YoY) Sep-23 -1.1ppt Jun-23 Credit Growth (YoY) Sep-23 -0.37bps Jun-23 Fiscal Balance (SARbn) Sep-23 -30.5Bn Jun-23 11.2 57.2 59.6 6.0 5.5 8.0% 9.1% 9.9% 10.2% -35.7 -5.2 Riyad Bank - Investor Presentation - 30/09/23 Sources: GASTAT, Riyad Bank General Business 20#21KSA Banking Sector Profile / Strategy / Sustainability / Environment / Financials / Appendix The Saudi banking sector is attractively positioned for growth Bank Credit (SARbn) YoY +13% CAGR Bank Deposits (SARbn) +8% CAGR 2,544 2,349 2,455 2,295 2,059 2,104 1,943 1,783 1,443 1,552 1,674 1,796 +8% +15% +16% +14% +8% YOY +7% +8% +8% +9% +7% 2018 2019 2020 2021 2022 3Q-23 2018 2019 2020 2021 2022 3Q-23 Capitalization (%) Liquidity Metrics (%) NPL Ratio (%) 20.3% 20.3% 19.9% 19.9% 102.3% 103.6% 19.3% 19.5% 97.9% 2.2% 91.7% 86.2% 86.4% 2.0% 18.7% 1.9% 1.9% 18.5% 1.8% 18.2% 18.4% 18.0% 1.6% 16.0% 22.3% 25.4% 26.8% 24.7% 22.8% 21.6% Profitability (%) 13.8% 12.1% 12.5% 12.9% 10.8% 8.6% 2.1% 2.1% 1.5% 1.8% 2.1% 2.2% 2018 2019 2020 2021 2022 3Q-23 2018 CAR T1 ratio 2019 2020 2021 Liquid to total assets 2022 3Q-23 Headline LDR 2018 2019 2020 2021 2022 3Q-23 2018 2019 2020 ROA 2021 2022 3Q-23 ROE Riyad Bank - Investor Presentation - 30/09/23 Sources: SAMA, Bank financial statements General Business 21#22Financial Performance Riyad Bank - Investor Presentation - 30/09/23 General Business 222#23Balance sheet Riyad Bank - Investor Presentation - 30/09/23 General Business 223#24Balance Sheet Summary Profile / Strategy / Sustainability / Environment / Financials / Appendix Total assets increased by 5% YTD driven by the expansion of the loan portfolio, funded by customer deposits Total assets amounted to SAR 377 bn as of 30 September 2023, up 5% YTD on the back of the 10% loans and advances growth, funded by the 6% growth of customer deposits. On a quarterly basis total assets decreased by 3% due to a reduction in cash, SAMA and interbank balances partially offset by loan growth. Total Assets Movement YTD (SARbn) +5% 24.8 2.3 377.0 5.7 359.7 SAR (mn) 3Q-2023 2Q-2023 QoQ % Change 3Q-2022 YoY % Change (6.8) (8.6) Cash & balances with SAMA, net 26,609 37,221 -29% Due from banks, net 12,004 22,092 -46% Investments, net Loans & advances, net Other assets. net Total assets 57,882 56,388 Interbank Deposits 267,151 13,365 377,012 34,048 254,719 263,150 +3% +2% 23,782 20,202 53,246 241,586 +12% -41% +9% +11% -20% 4Q-22 -42% Cash & Due from balances with banks, net SAMA, net +11% Investments, net +10% Loans & advances, net +20% Other assets, 3Q-23 net 10,385 389,236 +29% 9,065 +47% -3% 347,881 34,129 272,269 -0% -6% 38,347 235,892 Debt securities 13,201 8,768 +51% 8,672 +8% -11% +8% +52% Total Liabilities Movement YTD (SARbn) +5% Other liabilities, net 17,599 16,378 +7% 15,375 +14% Total liabilities 319,567 331,545 -4% 298,286 +7% 14.7 1.6 319.6 4.4 303.5 Share capital 30,000 30,000 +0% 30,000 Reserves 9,498 9,781 -3% 7,479 +0% +27% (4.7) Retained earnings 11,384 11,347 +0% 9,297 +22% Equity attributable to shareholders 50,881 51,128 -0% 46,776 Tier 1 sukuk 6,563 6,563 -0% 2,819 Total equity 57,444 57,691 -0% 49,595 +9% +133% +16% 4Q-22 -12% Interbank +6% Deposits +51% Debt securities Other liabilities, net +10% 3Q-23 Riyad Bank - Investor Presentation - 30/09/23 General Business 24#25Loan Book Overview Profile / Strategy / Sustainability/Environment / Financials / Appendix Loan book increases, with two thirds of the growth coming from commercial book and the remaining portion primarily from mortgages Gross Loan Movement YTD (SARbn) +10% Gross Commercial Loan Movement by Economic Sector YTD (SARbn) +10% 16.5 8.3 271.9 8.8 3.8 2.2 1.9 1.1 247.1 159.7 (1.2) Gross Consumer Loan Movement by Product YTD (SARbn) +9% 176.2 5.5 2.0 0.6 0.2 95.7 87.4 +10% +9% +17% 4Q-22 Commercial Consumer 3Q-23 4Q-22 Commerce +29% +11% +15% Utilities Construction Banks +4% Manu- facturing -3% Other 3Q-23 4Q-22 +10% Mortgages +8% Personal loans +22% Auto loans Credit cards +20% 3Q-23 Gross Commercial Loans by Sector, 3Q-23 (SARbn) Gross Consumer Loans by Product, 3Q-23 (SARbn) 3.1 1.4 ■Commerce ■Construction 49.9 60.3 ■Mortgages 27.8 Personal loans Services Auto loans 27.5 21.5 63.4 Manufacturing 17.1 Credit cards Other Riyad Bank - Investor Presentation - 30/09/23 Gross loans and advances grew by 10% YTD as of 30 September 2023 from both commercial and consumer loans. Commercial loans grew by 10% YTD during 9M 2023 with one- third of the growth coming from SME. Main driving sectors are commerce, utilities and construction. Consumer loans increased by 9% during 9M 2023, driven mainly by the mortgage growth (10% YTD). Auto loans and Credit cards hold minor shares in the consumer portfolio but are growing rapidly with above 20% growth. General Business 25#26Credit Quality Profile / Strategy / Sustainability / Environment / Financials / Appendix NPL Ratio of 1.36% shows improvement in both commercial and consumer loans in 3Q 2 3 NPLs by Segment (SARbn) NPLs (SARbn) NPL Ratio (%) -13% -13% 1.72% 4.2 4.2 1.55% 3.9 3.7 3.8 3.9 3.9 3.7 1.3 1.2 1.1 LLLLI 4Q-22 -8% -1% 1Q-23 2Q-23 2.9 2.6 2.5 -4% QoQ QoQ +11% 4Q-22 2Q-23 3Q-23 3Q-22 Commercial Retail NPL Movement by Sector YTD (SARmn) 356 4,244 -13% 1.52% 1.44% 1.36% -4% 3Q-23 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 3,702 (472) (194) (117) (107) (7) 4Q-22 +123% Manufacturing -77% Services -16% Commerce -9% Consumer -14% Construction -33% Other 3Q-23 Riyad Bank - Investor Presentation - 30/09/23 NPL ratio improved by 36bps during 9 months of 2023 to 1.36%. ◆ Improvement of the NPL ratio resulted from a 13% decrease in the amount of NPLs and a 10% increase in gross loans and advances. Decrease in NPLs was largely driven by corporate loans in sectors of services and commerce which was partially offset by the increase in manufacturing. General Business 26#27Credit Quality Profile / Strategy / Sustainability / Environment / Financials / Appendix NPL Coverage improved to 127.9% driven by the conservative provisioning NPL coverage ratio improved by 15.9% to 127.9% as a result of proactive conservative provisioning during 9M 2023. The consumer NPL coverage ratio reached 97.6% as of 30 September 2023, improving by 17.8%. The commercial NPL coverage ratio reached 142.4%, improving by 15.9%. Total Allowances (SARbn) +7% NPL Coverage Ratio (%) 4.8 4.6 4.7 4.7 120.7% 4.4 117.5% 115.5% 112.0% Consumer Coverage 3Q-23 127.9% QoQ +8% -3% +2% +1% Stage 3 coverage declined by 6.9% YTD to 3Q-22 4Q-22 1Q-23 2Q-23 3Q-23 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 47.5%. Gross Loans & Advances (SARbn) ECL Allowances (SARbn) Commercial Coverage 3Q-23 Stage-wise ECL on Gross Loans (%) +17.8% YTD 97.6% +15.9% YTD 142.4% +10% -0.38% 54.3% 53.6% 51.2% 52.2% 267.8 271.9 4.8 4.7 4.7 47.5% 247.1 4.9 13.9 4.8 16.9 4.7 19.1 2.3 2.7 2.5 228.3 246.2 248.0 11.1% 11.1% 11.3% 1.9 1.5 1.6 0.26% 0.23% 0.21% 9.6% 0.22% 9.9% 0.24% +2% 0.5 0.6 +1% 0.6 QoQ QoQ 4Q-22 ■Stage 1 2Q-23 Stage 2 3Q-23 4Q-22 2Q-23 3Q-23 3Q 22 4Q 22 1Q 23 2Q 23 Stage 3 ■Stage 1 ■Stage 2 ■Stage 3 Stage 1 -Stage 2 3Q 23 Stage 3 Riyad Bank - Investor Presentation - 30/09/23 General Business 27#28Investments Profile / Strategy / Sustainability / Environment / Financials / Appendix Investments grew by 11% YTD from fixed rate securities Investment portfolio increased by 11% to SAR 57.9 bn as of 30 September 2023. Growth of investments during 9 month of 2023 comes from increasing fixed rate securities by 12% YTD. Investment portfolio has a stable structure with more than 90% of the securities being fixed rate. Around 64% of the investment portfolio is represented by governmental & quasi- governmental securities. Net Investments Movement YTD (SARbn) 5.5 52.2 +11% (0.0) Investments, Net (SARbn) +11% 56.4 57.9 52.2 +3% QoQ 4Q-22 2Q-23 3Q-23 Net Investments Composition, 3Q-23 (SARbn) Fixed rate Floating rate Funds & equity Net Investments Movement by Counterparty YTD (SARbn) 0.2 57.9 4.5 52.2 +11% (0.2) 2.7 2.9 52.2 1.3 57.9 +12% 4Q-22 Fixed rate -0% Floating rate +6% Funds & equity 3Q-23 4Q-22 +14% Government & quasi-government -1% Corporate +33% Banks & other Fl 3Q-23 Riyad Bank - Investor Presentation - 30/09/23 General Business 28#29Deposits Profile / Strategy / Sustainability / Environment / Financials / Appendix Customer deposits grew by 6% YTD from interest bearing deposits. Customer deposits amounted to SAR 254.7 bn as of 30 September 2023, an increase of 6% YTD. NIBD % of Total (%) Total Customers' Deposits (SARbn) +6% 61.9% - Interest bearing deposits increased by 23% during 9 months of 2023 in the rising interest rate environment. ◆ 59.4% ◆ 57.3% ♦ 55.6% 240.0 53.1% Non interest bearing deposits, on the contrary, decreased by 5% YTD, which is reflected in the drop of the NIBD share in the total deposits reaching 53.1% as of 30 September 2023. Customer deposits decreased by -6% QoQ mainly from non interest bearing deposits due to the rates pressure as well as a decline of some large government-related transitory balances. Total Customers' Deposits Movement YTD (SARbn) 240.0 (8.0) +6% 97.4 272.3 120.9 254.7 119.3 135.4 142.6 151.3 -6% QoQ 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q-22 2Q-23 3Q-23 ■NIBDS ■IBDs Interest Bearing Deposits (SARbn) 21.8 0.2 254.7 97.4 0.7 89.9 1.3 1.3 +23% Non Interest Bearing Deposits (SARbn) -5% 151.3 +13% 109.9 1.4 120.9 119.3 146.0 142.6 1.4 1.4 22.3 19.3 119.5 117.9 EFF 108.5 +10% -1% 147.4 20.5 135.4 26.6 20.0 123.7 123.4 126.9 124.7 115.4 88.6 96.1 -6% +4% 4Q-22 Demand Others +23% Time +13% Savings QoQ +8% 3Q-23 3Q-22 4Q-22 Riyad Bank - Investor Presentation - 30/09/23 Time 1Q-23 2Q-23 ■Savings QoQ -2% +3% +3% -11% 3Q-23 3Q-22 4Q-22 Demand 1Q-23 2Q-23 Others 3Q-23 General Business 29#30Liquidity Profile / Strategy / Sustainability / Environment / Financials / Appendix Comfortable liquidity position with LCR of 168.8% and SAMA Weighted LDR of 82.0% LCR and NSFR remain healthy and well above the regulatory requirement standing at 168.8% and 113.5%, respectively as of 30 September 2023. Basel III Leverage ratio stands comfortably at 12.1% in 3Q 2023. ◆ Although headline loans to deposits ratio reached to 104.9% in 3Q 2023, SAMA weighted LDR at 82.0% is comfortably below the regulatory requirement. Basel III Leverage Ratio (%) Available Stable Funding (SARbn,%) Loans to Deposits Ratios (%) 104.9% 102.4% ♦ 101.0% 12.8% 97.9% ◆ 96.7% 12.1% 12.1% 11.7% 11.8% 81.8% ♦ 80.5% ◆ 82.0% ◆ 78.4% ◆ 78.1% 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 3Q 22 4Q 22 Headline LDR 1Q 23 2Q 23 SAMA weighted LDR 3Q 23 117.5% 118.1% 117.4% 117.7% 113.5% 233.5 239.1 244.9 256.1 253.1 HQLA (SARbn,%) 187.5% 182.0% 180.9% 168.8% 165.0% 71.6 59.8 55.9 55.6 53.8 QoQ +2% +2% +5% -1% QoQ -22% -1% +7% -10% 3Q-22 4Q-22 1Q-23 Available stable funding 2Q-23 3Q-23 3Q-22 4Q-22 1Q-23 2Q-23 3Q-23 HQLA LCR -NSFR Riyad Bank - Investor Presentation - 30/09/23 General Business 30#31Capitalization Profile / Strategy / Sustainability / Environment / Financials / Appendix Stable capitalization well above regulatory minima supporting further growth Total Regulatory Capital Movement YTD (SARbn) 6.1 65.4 +3% (0.3) (3.9) Risk Weighted Assets (SARbn) +5% 308.4 310.4 312.7 321.0 325.1 0.0 67.3 6.6 20.7 5.2 21.4 8.9 13.8 8.3 13.5 7.1 13.5 281.2 283.8 290.0 QoQ +1% +1% 4Q-22 Net income Tier 1 sukuk cost Dividends paid Other 3Q-23 3Q-22 4Q-22 Credit risk 1Q-23 Operational risk Capital Ratios (%) 21.1% 20.7% 20.8% 20.7% Total Capital (SARbn) +3% 19.1% 65.4 64.8 66.8 67.3 58.8 18.1% 17.8% 17.9% 17.6% 9.3 9.2 9.3 10.1 9.3 16.0% 15.1% ♦ 15.9% ♦ 15.7% ♦ 15.9% 15.6% 56.0 55.6 57.5 57.2 49.5 QoQ +11% -1% +3% +1% 3Q 22 4Q 22 CAR 1Q 23 Tier 1 ratio 2Q 23 3Q 23 CET1 ratio 3Q-22 4Q-22 1Q-23 Total tier 1 capital (T1) 2Q-23 Tier 2 capital (T2) 3Q-23 Riyad Bank - Investor Presentation - 30/09/23 299.3 304.5 +3% +1% 2Q-23 3Q-23 ■Market risk All capital ratios remain solid and strong with CET 1 ratio of 15.6% and Tier 1 ratio of 17.6% as of 3Q 2023. Total capital adequacy ratio stands at 20.7%. Total capital increased by 3% YTD during 9 month of 2023 to SAR 67.3 bn. Risk weighted assets increased by 5% YTD to SAR 325.1 bn. General Business 31#32Income statement Riyad Bank - Investor Presentation - 30/09/23 General Business 32#33Income Statement Summary Profile / Strategy / Sustainability / Environment / Financials / Appendix Net income reached SAR 6,091 million for 9M 2023, a growth of 22% from rising operating income, resulting in 18.0% ROAE before zakat SAR (mn) 3Q-2023 3Q-2022 YoY % Change 9M-2023 9M-2022 YoY % Change Net Income Movement YoY (SARmn) NSCI 3,075 2,672 +15% 9,272 7,201 +29% +22% Fee & other income 903 853 +6% 2,694 2,656 +1% Total operating income 3,978 3,525 +13% 11,967 9,857 +21% 2,072 38 Expenses before impairments (1,299) (1,174) +11% (3,695) (3,272) +13% 4,991 Impairments (353) (308) +14% (1,489) (917) +62% Net operating income 2,327 2,042 +14% 6,783 5,668 +20% 6,091 (422) (572) (15) Associates 3 (3) -235% 8 (75) -111% Net income before zakat & tax 2,330 2,040 +14% 6,792 5,593 +21% Zakat (241) (212) +14% (700) (602) +16% Net income 2,089 1,828 +14% 6,091 4,991 +22% 9M-22 +29% NSCI +1% +13% +62% +2% ROAE before zakat 18.3% 17.5% +0.8% 18.0% 15.9% +2.2% Fee & other Opex before Impairments income impairments Other 9M-23 Total Operating Income (SARmn) +13% Net Income (SARmn) +14% 4,036 3,952 3,978 3,742 2,028 2,020 2,089 1,982 3,525 1,828 3Q-23 Net income (after zakat) reached SAR 6,091 million for 9M 2023, an increase of 22% compared with corresponding period of last year. ◆ Quarterly net income amounted to SAR 2,089 million for 3Q 2023, an increase of +14% compared with 3Q 2022 and 5% compared to 2Q 2023. Net income growth comes mainly from rising operating income partially offset by the increase in expenses (+13%) as well as impairments (+62%) due to proactive provisioning. Total operating income amounted to SAR 11,967 million for 9M 2023, growing by +21% mainly due to an increase in net special commission income. LLLLL 4Q-22 -0% 1Q-23 -2% 2Q-23 +5% QoQ +6% +8% -2% +1% QoQ +11% 3Q-22 4Q-22 1Q-23 2Q-23 3Q-23 3Q-22 Riyad Bank - Investor Presentation - 30/09/23 General Business 33#34Net Special Commission Income Profile / Strategy / Sustainability / Environment / Financials / Appendix Net Special Commission Income grew by 29% YoY due to margin improvement and loan growth Net special commission income amounted to SAR 9,272 million for 9M 2023, an increase of +29% over the corresponding period in 2022, due to the increase in commission income partially offset by the rising commission expenses. Special commission income increased by 70% YoY in 9M 2023 driven by rates increase and loan book expansion. Special commission expenses increased 3.5x YoY in 9M 2023 in the rising funding rates environment. NSCI Movement YoY (SARmn) 660 5,058 7,201 +29% 472 9,272 (4,119) Quarterly NSCI (SARmn) +15% 3,088 3,109 3,075 2,852 2,672 ||||| 9M-22 +70% Loans +205% SAMA & bank placements +39% Investments +255% CoF 9M-23 Special Commission Income (SARmn) 8,815 +70% 15,006 Special Commission Expense (SARmn) 1,614 +255% 5,733 3Q-22 4Q-22 1Q-23 2Q-23 3Q-23 9M-22 9M-23 9M-22 9M-23 Riyad Bank - Investor Presentation - 30/09/23 General Business 34#35Net Special Commission Margin Profile / Strategy / Sustainability / Environment / Financials / Appendix Improved margin from year-end as rising loan yields outpacing the increasing cost of funds Net special commission margin improved by 63bps to 3.64% for 9M 2023 mainly from the increasing loan yields, partially offset by the increasing cost of funds. ◆ Quarterly net special commission margin improved by 37bps to 3.53% for 3Q 2023, however declining from 2Q 2023 by 7bps due to increasing cost of funds as well as declining share of NIBDs. Average earning assets increased by 7% YoY to SAR 340.9 bn for the 9M 2023. YTD NSCI margin (%) NSCI Margin Movement YoY (%) 1.80% 0.25% 3.01% +0.63% 0.15% - -1.57% 9M-22 Loans & advances SAMA & interbank placements Investments CoF Quarterly NSCI Margin and SAIBOR Trend (%) 5.68% 5.77% 5.88% 6.08% 5.83% 5.28% 5.49% - 4.00% 3.68% 3.01% 3.11% 3.79% 3.69% 3.64% - 3.41% 2.43% 2.62% 2.22% 3.16% 3.1'4% 1.03% 0.78% - Average Earning Assets (SARbn) 320.0 3.79% 3.60% - 3.53% 9M 22 FY 22 1Q 23 NSCI margin 1H 23 Yield 9M 23 3Q 22 CoF 4Q 22 1Q 23 2Q 23 3Q 23 SAIBOR 3M avg NSCI margin Riyad Bank - Investor Presentation - 30/09/23 51.4 30.4 +7% 3.64% 9M-23 Average Bearing Liabilities (SARbn) +6% 340.9 292.3 276.3 9.8 56.0 8.6 34.5 25.3 42.8 32% 89.2 41% 119.6 259.5 238.1 74% 76% 9M-22 9M-23 ■Loans SAMA & bank placements Investments 135.7 128.4 49% 44% NIBD 9M-22 IBD 9M-23 Due to banks Debt securities General Business 35#36Interest Rate Sensitivity Resilient sensitivity to the interest rate changes Profile / Strategy / Sustainability / Environment / Financials / Appendix The Group assess sensitivity to a possible change in special commission rates, with other variables held constant and assuming a constant balance sheet mix. The impact of 25bps rate increase/decrease is assessed to be +/-3bps on the net special commission margin as of 31 December 2022. The impact of 25bps rate increase/decrease is assessed to be SAR +83.3 mn/-89.7mn on the net special commission income as of 31 December 2022. The Group monitors positions daily and uses hedging strategies to ensure maintenance of positions within the established gap limits. Impact of +25bp rate change on NSCI ▲ 25bps +83.3 SAR mn Impact of +25bp rate change on NSCI margin ▲ 25bps +0.03% Special commission rate risk exposure By duration 4Q-22 Assets (SARbn) Within 3 months ■3-12 months 1-5 years Over 5 years Non-special commission bearing 83 28 131 47 70 Liabilities and Equity (SAR bn) 201 Riyad Bank - Investor Presentation - 30/09/23 Impact of -25bp rate change on NSCI is -89.7 SAR mn, on NSCI margin is -0.03%. Total special commission rate sensitivity gap (SAR bn) SAR 81 bn gap within 1 year 90 47 34 (173) 26 38 18 13 65 59 General Business 36#37Fee & other income Fee & other income for 9M 2023 grew 1% YoY Profile / Strategy / Sustainability / Environment / Financials / Appendix Fee & Other Income Movement YoY (SARmn) SAR (mn) 3Q-2023 3Q-2022 YoY % Change 9M-2023 9M-2022 YoY % Change +1% Fee income from banking services 969 860 +13% 2,732 2,640 +3% 42 10 Fee expenses from banking services (322) (268) +20% (902) (802) +12% 2,656 10 2,694 Fee income from banking services, net 647 592 +9% 1,830 1,838 -0% (8) (6) Exchange income, net 152 168 -9% 458 415 +10% Investment-related income 75 56 +35% 350 356 -2% Other operating income 29 37 -22% 57 47 +22% 9M-22 Fee & other income 903 853 +6% 2,694 2,656 +1% -0% Banking services +10% FX -2% Inv.-related +22% Other 9M-23 Fee & other income increased by 1% YoY during 9M 2023 mainly driven by FX income growth, partially offset by minor decrease in investment-related income (-2%). Fee income from banking services remained stable YoY with increase of fees from credit facilities, advisory, card products and trade finance, offset by a decrease in trading and fund management and other fees. Fee & other income grew by 7% QoQ in 3Q 2023 driven by banking fees as well as FX income growth. Quarterly Fee & Other Income (SARmn) QoQ +6% Fee Income from Banking Services Movement YoY (SARmn) 948 113 853 891 903 843 1,838 +4% +6% -11% 3Q-22 4Q-22 1Q-23 2Q-23 (57) -0.4% 51 1,830 (55) (59) +7% +18% 3Q-23 9M-22 -34% -12% Credit facilities Card products Trade finance Trading & fund & advisory mgmt. +10% -104% Other 9M-23 Riyad Bank - Investor Presentation - 30/09/23 General Business 37#38Operating Expenses Profile / Strategy / Sustainability / Environment / Financials / Appendix Retaining cost efficiency despite ongoing investments in infrastructure, digital capabilities, and strategic initiatives. Operating expenses before impairments increased by 13% to SAR 3,695 million during 9M 2023 from higher employee-related costs as well as depreciation and other costs. Quarterly operating expenses before impairments increased by 11% YoY in 3Q 2023 and by 5% in comparison to 2Q 2023. Cost efficiency improved YoY with cost to income ratio standing at 30.9% for 9M 2023. Cost to average earning assets ratio increased by 8bps to 1.44% during 9M 2023. Expenses before Impairments Movement YoY (SARmn) 228 3 3,272 +13% 88 3,695 103 Expenses before Impairments Composition, 9M-23 (%) Expenses before Impairments (SARmn) +11% 9M-22 +14% Employee-related +2% Premises +26% Depreciation +8% G&A & others 9M-23 Cost to Income Ratio (%) Cost to AIEA Ratio* (%) ■Employee- 33.2% 30% related 1,174 1,138 1,162 1,234 1,299 32.4% Premises 52% 1.44% 1.41% 1.40% 30.9% 30.0% 1.36% 1.37% 28.8% Depreciation G&A & others 14% 4% QoQ -3% +2% +6% +5% 3Q-22 4Q-22 1Q-23 2Q-23 3Q-23 9M 22 FY 22 1Q 23 1H 23 9M 23 9M22 FY 22 1Q 23 1H 23 9M 23 Riyad Bank - Investor Presentation - 30/09/23 *Cost To Average Interest Earning Assets Ratio General Business 38#39Impairment charges Profile / Strategy / Sustainability / Environment / Financials / Appendix Rising impairment charges on the back of strengthening asset quality ◆ Impairment charges increased by 62% YoY to SAR 1,489 mn for 9M 2023 from mainly commercial charges growth in the first half of 2023. Quarterly impairment charges increased by 14% YoY in 3Q 2023, decreasing QoQ by 31% in comparison to 2Q 2023. Commercial impairment charges increased by 108% YoY, consumer impairment charges grew by 139%, which was partially offset by the decrease in impairment charges for investments. Cost of risk increased by 33bps to 0.7% for 9M 2023, however decreasing quarter-over-quarter in comparison to 2Q 2023. Impairments Movement YoY (SARmn) +62% Impairments (SARmn) 308 +14% Cost of Risk* (%) 624 20 512 364 25 353 32 0.44% 604 0.37% 81 487 369 321 228 QoQ +18% +71% (5) -18% -31% 3Q-22 4Q-22 ■Credit losses 1Q-23 2Q-23 Investments 3Q-23 Impairments by Source (SARmn) 0.92% 0.83% 0.70% 9M 22 FY 22 1Q 23 1H 23 9M 23 +14% 194 510 917 13 1,489 (145) 364 308 105 66 138 100 399 278 624 512 43 182 28 111 353 48 96 374 208 +108% +139% +30% -55% (14) 9M-22 Commercial Consumer loans Credit cards loans Other 9M-23 3Q-22 4Q-22 1Q-23 Commercial loans ■Consumer loans (incl. credit cards) 2Q-23 3Q-23 Other Riyad Bank - Investor Presentation - 30/09/23 *Credit risk only General Business 39#40Segment Performance Riyad Bank - Investor Presentation - 30/09/23 General Business 40 40#41Segments Summary Profile / Strategy / Sustainability / Environment / Financials / Appendix Rising net income driven mainly by Corporate segment and Treasury and Investments, partly offset by Retail and Riyad Capital Net Loans & Advances Movement YTD (SARbn) +10% 7.5 0.0 267.2 17.3 242.4 +11% 4Q-22 Corporate +8% Retail +7% Other 3Q-23 Total Operating Income Movement YoY (SARmn) 1,686 9,857 (74) +21% 608 11,967 (111) Deposits Movement YTD (SARbn) 7.7 240.0 +6% 7.1 254.7 +5% +7% 4Q-22 Corporate Retail 3Q-23 Net Income before Zakat Movement YoY (SARmn) 5,593 953 (458) +21% 820 6,792 (116) 9M-22 +36% Corporate -2% Retail +47% -15% Treasury and Investments Riyad Capital 9M-23 9M-22 +28% Corporate -57% Retail +94% -23% Treasury and Investments Riyad Capital 9M-23 Riyad Bank - Investor Presentation - 30/09/23 General Business 41#42Segment Dashboard Profile / Strategy / Sustainability / Environment / Financials / Appendix Corporate segment accounts for 53% of total operating income translating into 64% share in net income before zakat. Corporate Retail Treasury and Investments Operating Income 9M-23 Expenses* 9M-23 +36% YoY SAR Million 6,310 Operating Income 9M-23 -2% YOY SAR Million 3,123 Operating Income 9M-23 ..... +47% YOY SAR Million 1,911 Operating Income Riyad Capital 9M-23 Riyad Bank - Investor Presentation - 30/09/23 Impairments 9M-23 Net Income** 9M-23 1.III +28% YOY SAR Million Expenses 9M-23 SAR Million Expenses 9M-23 SAR Million +25% YoY 929 +8% YOY 2,378 +47% ..... YOY 153 SAR Million Impairments 9M-23 +118% YOY 1,016 SAR Million SAR Million Impairments 9M-23 +102% YOY 395 Net Income 9M-23 SAR Million 4,366 -57% YOY YOY Net Income 9M-23 SAR Million +94% 351 J... YOY 1,688 -69% SAR Million 78 Expenses 9M-23 Brokerage Value Traded 9M-23 -15% YOY +3% YOY SAR Million 622 SAR Million 235 SAR Billion -30% YOY 105.9 *Operating Expenses before Impairment Charge (here and below); ** Net Income before Zakat (here and below) Net Income 9M-23 -23% YoY SAR Million 386 General Business 42#43Corporate Segment Profile / Strategy / Sustainability / Environment / Financials / Appendix Corporate profitability sustained by the growth in net special commission income, partly offset by the increase in provisioning and expenses Net income before zakat of the Corporate segment increased by 28% to SAR 4,366 mn for 9M 2023 mainly due to higher net special commission income, partly offset by the increase in provisioning and operating expenses. Total operating income grew by 36% YoY for 9M 2023 and by 31% for 3Q 2023, demonstrating growth in both NSCI and Fee & other income. Net Income Before Zakat Movement YoY (SARmn) SAR (mn) 3Q-2023 3Q-2022 YoY % Change 9M-2023 9M-2022 YoY % Change NSCI Fee & other income +28% 1,667 1,278 +30% 4,944 3,418 +45% 1,527 159 574 434 +32% 1,366 1,207 +13% 4,366 3,414 (183) Total operating income 2,241 1,712 +31% 6,310 4,624 +36% (550) Operating expenses before impairments (343) (261) +31% (929) (745) +25% Impairments (226) (154) +47% (1,016) (466) +118% 9M-22 +45% NSCI +13% +25% Net income before zakat 1,672 1,296 +29% 4,366 3,414 +28% +118% Fee & other Opex before Impairments income impairments 9M-23 Total Operating Income (SARmn) 1,712 434 +31% 2,037 391 1,646 1,278 2,241 Net Income Before Zakat (SARmn) +29% Loans & Advances, Net (SARbn) +11% Deposits (SARbn) +5% 1,672 166.4 169.2 167.6 151.9 151.4 1,296 1,374 143.7 574 1,667 +10% QoQ +22% QoQ +2% QoQ -10% QoQ 3Q-22 2Q-23 3Q-23 3Q-22 2Q-23 3Q-23 4Q-22 2Q-23 3Q-23 4Q-22 2Q-23 3Q-23 NSCI Fee & other income Riyad Bank - Investor Presentation - 30/09/23 General Business 43#44Retail Segment Profile / Strategy / Sustainability / Environment / Financials / Appendix Retail net income declined 57% YoY from higher impairments and operating expenses Net income before zakat of the Retail segment declined by 57% to SAR 351 mn for 9M 2023 mainly due to increase in provisioning and operating expenses on the back of the improving provision coverage and investments in infrastructure and digital capabilities. Total operating income declined by 2% YoY for 9M 2023, while increasing by 5% for 3Q 2023. Total Operating Income (SARmn) +5% 943 34 1,011 994 37 Net Income Before Zakat Movement YoY (SARmn) SAR (mn) 3Q-2023 3Q-2022 YoY % Change 9M-2023 9M-2022 YoY % Change -57% NSCI 979 909 +8% 3,024 3,062 -1% 808 Fee & other income 15 34 -56% 99 135 -27% (38) Total operating income Operating expenses before impairments Impairments 994 943 +5% 3,123 3,197 -2% (36) 351 (184) (836) (789) +6% (2,378) (2,194) +8% (200) (94) (75) +25% (395) (195) +102% 9M-22 -1% NSCI -27% +8% +102% Net income before zakat 65 79 -18% 351 808 -57% Fee & other Opex before Impairments income impairments 9M-23 Net Income Before Zakat (SARmn) -18% 100 45 15 79 974 979 909 Loans & Advances, Net (SARbn) +8% Deposits (SARbn) +7% 96.1 97.2 104.7 103.3 89.7 96.3 65 ||| -2% QoQ -35% QoQ +1% QoQ -1% QoQ 3Q-22 2Q-23 3Q-23 3Q-22 2Q-23 3Q-23 4Q-22 2Q-23 3Q-23 4Q-22 2Q-23 3Q-23 NSCI Fee & other income Riyad Bank - Investor Presentation - 30/09/23 General Business 44#45Treasury and Investments Profile / Strategy / Sustainability / Environment / Financials / Appendix Treasury and Investments net income before zakat almost doubled YoY due to higher net special commission income Net income before zakat of the Treasury and Investments segment increased by 94% to SAR 1,688 mn for 9M 2023 due to increase in net special commission income as well as lower impairments. Total operating income increased by 47% YoY for 9M 2023, while declining by 17% for 3Q 2023. Net special commission income increased by 109% YoY for 9M 2023 on the back of the increasing investments portfolio by 11% and rising rates environment. +94% 178 83 1,688 Net Income Before Zakat Movement YoY (SARmn) SAR (mn) 3Q-2023 3Q-2022 YoY % Change 9M-2023 9M-2022 YoY % Change NSCI 362 428 -15% Fee & other income 168 209 -20% 1,117 795 768 Total operating income 531 638 -17% 1,911 535 +109% +3% 1,303 +47% 582 26 869 Operating expenses (36) (37) -4% (153) before impairments (32) (80) -59% (78) Other income (expenses) 3 (3) -235% 8 (104) +47% (256) -69% (75) -111% 9M-22 +109% NSCI Net income before zakat +3% +47% Fee & other Opex before income impairments -69% Impair- ments -111% Other 9M-23 466 519 -10% 1,688 869 +94% Impairments (49) Total Operating Income (SARmn) 638 209 -17% 687 531 262 428 425 -23% QoQ 3Q-22 2Q-23 3Q-23 NSCI Fee & other income Riyad Bank - Investor Presentation - 30/09/23 168 362 Net Income Before Zakat (SARmn) -10% Investments, Net (SARbn) +11% 596 55.1 56.6 51.0 519 466 -22% QoQ +3% QoQ 3Q-22 2Q-23 3Q-23 4Q-22 2Q-23 3Q-23 General Business 45#46Riyad Capital Profile / Strategy / Sustainability / Environment / Financials / Appendix Riyad Capital net income declined by 23% YoY impacted by slow brokerage activity and interest rate environment Net income before zakat of Riyad Capital declined by 23% to SAR 386 mn for 9M 2023 mainly due to decreasing fees impacted by the environment. Total operating income declined by 15% YoY for 9M 2023, and by 9% for 3Q 2023. Net Income Before Zakat Movement YoY (SARmn) SAR (mn) 3Q-2023 3Q-2022 YoY % Change 9M-2023 9M-2022 YoY % Change -23% NSCI 67 57 +17% 188 186 +1% 503 1 Fee & other income 146 176 -17% 434 546 -20% 386 (112) (6) Operating expenses remained broadly stable increasing by 3% YoY for 9M 2023. Total operating income 213 233 -9% 622 732 -15% Operating expenses (85) (87) -3% (235) (229) +3% before impairments 9M-22 +1% NSCI Net income before zakat 128 145 -12% 386 503 -23% -20% Fee & other income +3% Opex before impairments 9M-23 Total Operating Income (SARmn) Net Income Before Zakat (SARmn) Total Assets (SARbn) -4% Brokerage Value Traded (SARbn) -9% -12% 233 145 217 213 139 4.5 4.4 151.9 4.3 128 176 153 146 57 64 -2% QoQ 3Q-22 2Q-23 3Q-23 NSCI Fee & other income Riyad Bank - Investor Presentation - 30/09/23 67 -30% 105.9 -8% QoQ -3% QoQ -30% YOY 3Q-22 2Q-23 3Q-23 4Q-22 2Q-23 3Q-23 9M-22 9M-23 General Business 46#47Outlook & Guidance Riyad Bank - Investor Presentation - 30/09/23 General Business 47 47#48Guidance With all KPIs within guidance Guidance Metric Loans, Net FY 2022 SAR 242 bn (12% YoY) 3.11% NSCI Margin Cost to Income Previous Guidance High Single to Low Double Digit - +40bps +60bps 32.4% Below 31% 9M 2023 SAR 267 bn (+11% YoY) 3.64% (+0.53% YTD) 30.9% Current Guidance High Single to Low Double Digit +40bps - +60bps Below 31% 0.44% Cost of Credit Risk 70bps - 90bps 0.70% 70bps - 90bps CET1 ROAE before Zakat Riyad Bank - Investor Presentation - 30/09/23 15.9% Above 15% 15.6% Above 15% 16.2% Above 17%* 18.0% Above 17%* *ROAE after Zakat guidance is above 15%; 9M 2023 at 16.2% General Business 48#49Historical Performance Riyad Bank - Investor Presentation - 30/09/23 General Business 49#50Balance sheet 5-year Summary Loans & Advances, Net (SARbn) YoY- +13% CAGR Total Assets (SARbn) +12% CAGR Deposits (SARbn) Profile / Strategy / Sustainability / Environment / Financials / Appendix +9% CAGR Capital Ratios (%) 21.1% 242.4 359.7 240.0 217.3 310.1 325.7 191.3 194.5 211.7 203.0 19.1% 19.0% 174.0 265.8 169.8 18.1% 18.1% 151.0 229.9 18.1% 2018 +1. 16.1% 16.3% - 16.5% 15.8% +10% +14% +12% YoY- +16% +17% +5% +10% YoY +15% +4% +4% +13% 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 -CAR 2020 2021 Tier 1 ratio 2022 Headline LDR (%) 94.2% 88.9% - 89.4% 102.7% 101.0% LCR (%) 199.5% 182.0% 167.7% 155.3% 121.4% NPL Ratio (%) 1.02% 0.88% NPL Coverage Ratio (%) 177.3% 1.86% 151.0% 1.65% -1.72% 124.2% 123.5% 112.0% 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Riyad Bank - Investor Presentation - 30/09/23 General Business 50#51Income Statement 5-year Summary Total Operating Income (SARmn) NSCI Margin (%) +11% CAGR 3.52% 13,599 3.33% 10,717 11,205 11,568 8,967 YOY 2018 +20% LLLI 3.13% 3.11% 2.97% Profile / Strategy / Sustainability / Environment / Financials / Appendix Cost to Income Ratio (%) Cost of Risk* (%) 37.3% 1.07% 34.3% 34.3% 32.4% 32.4% 0.64% 0.59% 0.41% 0.44% +18% 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Net Income (SARmn) +23% CAGR YOY ROAE, ROAA Before Zakat (%) 16.1% 16.2% 14.7% 7,019 12.5% 12.9% 6,025 5,602 4,715 3,092 ROAE, ROAA (%) 8.2% 14.5% 14.5% 13.1% 11.1% 2.11% 2.51% 1.90% 2.11% 2.28% 2.26% 1.39% 1.64% 1.90% 2.05% +81% -16% +28% +16% 2018 2019 2020 2021 2022 2018 2019 ROAE before zakat 2020 2021 2022 ROAA before zakat 2018 2019 2020 2021 2022 ROAE ROAA Riyad Bank - Investor Presentation - 30/09/23 *Credit risk only General Business 51#52Appendix Riyad Bank - Investor Presentation - 30/09/23 General Business 52#53Riyad Bank Contact Contact the investor relations for more information Profile / Strategy / Sustainability / Environment / Financials / Appendix Investor Relations Telephone: +966 11 401 3030 Ext. 3502 E-mail: [email protected] Address: Riyadh Al Shuhada District Eastern ring road Granada Oasis -Tower (A1) P.O Box 22622 Riyadh 11416 Kingdom of Saudi Arabia Riyad Bank Head Office Saudi-Stock Ex Report for Selex World Economic x Give abbrivation Saudi-Stock-Ex Saudi-Stock+Ex Saudi-Stock Ex Company Details Google Maps € Co Secure https://www.google.com/maps/dl/24.785681.46.72677/24.7878613.46.7184816.152?hl=en Apps Tada B Bloomberg.com A losmos lust IFSAH hops/leonscmaci Man Golden Kar O Multinational AL WADI العادي Price World Carrefour Saudi Al Wad Pack Dakh Abdul Ma School Ryath AL FALAH Falah Park Fitness Time Pro AT TAAWUN Almar Head Office Red Lobster SABIC Academy O Thog Al Fursan Wedding Venue O الله دوي الفرسان 909 Al Othaim Supermarket مدارس دار العلوم الاهلية في Dar Al Uloom Schools L Manarat Al Radh ternational School Astronaut Sq 0 School ° Village Compound ° Cen ASH SHUHADA ° 7998-7906 Eastem Ring Branch Road, Ghimatah extra AL IZDIHAR الأزدهار Granada Center Camelour Saudi Centrepoint O 0 ORych Najed School School For Girls 5ter Spl Google Riyad Bank - Investor Presentation - 30/09/23 e Sign in GHIRNATAHI Sahel Fael Station Madra 2019 Google Saudi Arabia Terme Seedback 500 Visit our website for more information and to access our disclosures https://www.riyadbank.com/web/guest/about-us/investor-relations/financial-results Riyad Bank Intercond consolidated ancaments for period ended 30 September 2023 بنك الرياض Riyad Bank Riyad Bank 3Q 2023 Financials Strategic Progress. Record Results. Strong Performance. Re 2022 Annual 2022 Report Download our IR App Download on the GET IT ON App Store Google Play 26.35 بكر" Riyad Bank بنك الرياض ESG REPORT 2021 ESG 2021 Report Back Share Monitor 4022 Currency 20.95 42.00 18.17 YTD an Share Montr 10 26.36 26.75 26.35 Namber of Shane mi 1.000.00 75.000.00 Wats Indices CM 00 2.113.467 General Business 53#54Disclaimer Profile / Strategy / Sustainability / Environment / Financials / Appendix This presentation has been prepared by Riyad Bank solely for informational purposes. The presentation may contain forward looking statements, which reflect Riyad Bank's beliefs or current expectations and assumptions regarding the future of the business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Forward looking statements are neither historical facts nor assurances of future performance and can generally be identified by terminology including "anticipate", "aspire", "believe", "project", "estimate", "expect", "forecast", "strategy", "target", "trend", "future", "likely", "may", "should", "will", "intend", "plan", "goal", "objective", "seek", "roadmap", and other words of similar meaning or similar expressions. By their nature, forward looking information and statements are subject to known and unknown uncertainties, risks and changes in circumstances that are difficult to predict and not in Riyad Bank's control. Our actual results of operations and financial conditions may differ materially from that or those indicated in the forward looking statements. You should not place undue reliance on any of these forward looking statements. Any forward looking statement made by Riyad Bank in the presentation is based only on information currently available to us and speaks only as to the date on which this presentation is made. Past performance is not a reliable indication of future performance. Riyad Bank makes no representations or warranties as to the accuracy, or completeness of the information and shall not have any liability for any representations, express or implied, regarding the information contained in, or for any omissions from, the information included in this presentation. Riyad Bank undertakes no obligation whatsoever to publicly update any forward looking statement whether as a result of new information, future developments or otherwise. Riyad Bank will be always compliant with the proper timely disclosure of any essential information to be broadcasted via the formal approved channels according to the applied rules, regulations and laws of the kingdom of Saudi Arabia. Riyad Bank - Investor Presentation - 30/09/23 General Business 54