#1NBB البحرين الوطني National Bank of Bahrain Group Investor Presentation Year ended 31 December 2022 Closer to you Licensed by CBB as a conventional Retail Bank INVESTORS IN PEOPLE We invest in people Gold#2NBB CH الوطنى Financial Performance SC-% 02S -SC-SS-|||- SHEY'◊(-)M°S G INVESTORS IN PEOPLE® SCIE♪' SG We invest in people Gold SIE う。。 S XSXXS-SY-SY||||◊◊C-TSX.C ·SAS SS&CS||||T♦HT#3Disclaimer THE INFORMATION SET OUT IN THIS PRESENTATION AND PROVIDED IN THE DISCUSSION SUBSEQUENT THERETO DOES NOT CONSTITUTE AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES. IT IS SOLELY FOR USE AT AN INVESTOR OR AGENCY PRESENTATION AND IS PROVIDED AS INFORMATION ONLY. THIS PRESENTATION DOES NOT CONTAIN ALL OF THE INFORMATION THAT IS MATERIAL TO AN INVESTOR OR AGENCY. This presentation has been prepared by (and is the sole responsibility of the National Bank of Bahrain Group, the "Group"). The information herein may be amended and supplemented and may not as such be relied upon for the purposes of entering into any transaction. This presentation may not be reproduced (in whole or in part), distributed or transmitted to any other person without the Group's prior written consent. The information in this presentation and the views reflected therein are those of the Group and are subject to change without notice. All projections, valuations and statistical analyses are provided to assist the recipient in the evaluation of the matters described herein. They may be based on subjective assessments and assumptions and may use one among alternative methodologies that produce different results and, to the extent that they are based on historical information, they should not be relied upon as an accurate prediction of future performance. These materials are not intended to provide the basis for any recommendation that any investor should subscribe for or purchase any security. This presentation does not disclose all the risks and other significant issues related to an investment in any security/transaction. Past performance is not indicative of future results. The Group is under no obligation to update or keep current the information contained herein. No person shall have any right of action against the Group or any other person in relation to the accuracy or completeness of the information contained in this presentation. No person is authorised to give any information or to make any representation not contained in and not consistent with this presentation, and, if given or made, such information or representation must not be relied upon as having been authorised by or on behalf of the Group. This presentation does not constitute an offer or an agreement, or a solicitation of an offer or an agreement, to enter into any transaction (including for the provision of any services). No assurance is given that any such transaction can or will be arranged or agreed. Certain statements in this presentation may constitute forward-looking statements. These statements reflect the Group's reasonable expectations or extrapolations and are subject to risks and uncertainties that may cause actual results to differ materially and may adversely affect the outcome and financial effects of the plans described herein. You are cautioned not to rely on such forward-looking statements. The Group does not assume any obligation to update its view of such risks and uncertainties or to publicly announce the result of any revisions to the forward-looking statements made herein. NBB الوطنى X SSGE◊ G SG SOLE 2°5 G CBSE 03 SHIE E % INVESTORS IN PEOPLE® We invest in people Gold SE°5% SCH#429% Financial highlights FY 2021 vs FY 2022 NBB Consolidated Net Profit (BHD millions) 55.0 70.7 FY 2021 الوطنى Strong fundamentals with robust industry-beating NIM Net Interest Margin (NIM) Other Income (BHD millions) 3.2% 41.2 3.1% 30.4 36% FY 2022 FY 2021 FY 2022 2°5 G SG GESSE 04 E SE°5% SCH S SSGE◊ G SOLE SHIE % FY 2021 FY 2022 INVESTORS IN PEOPLE® We invest in people Gold#5| Income statement Operating profit at historic high BHD millions 120.5 131.8 9% 30.4 41.2 36% 85.5 87.5 76.4 74.5 15% 15% -12.1 -16.3 -9.3 -0.5 FY 2021 FY 2022 70.7 55.0 29% Net Interest Income Other Income Operating Expenses Operating Profit Loan Provisions Other Provisions Consolidated Net Profit and Associates Profits NBB الوطنى X D♦♦IES DESA O 205 G E CBSCS05 SG E SHIE INVESTORS IN PEOPLE We invest in people Gold % SE°5% SCH#6ECL coverage Increase in cost of risk following the cessation of the loan deferral program Maintenance of precautionary provision buffers into 2023 Cost of Risk Coverage Ratios NBB الوطني 0.53% 0.64% FY 2021 FY 2022 205 G D 13.1% 8.9% 0.7% 0.6% 53.3% 50.6% FY 2021 FY 2022 92.0% 87.5% Stage 1 Stage 2 Stage 3 Stage 3 Including Collateral ♦EGÆGGE CBSA 06 E SG SE°5% SCH SSGE◊ EGG SHIE E INVESTORS IN PEOPLE We invest in people Gold %#7| KPI ratios ROE Industry leading metrics Cost and revenue synergies remain available to drive c-to-i ratio even lower ROA Cost to Income N 21% NBB الوطنى 10.5% FY 2021 X 2°5 12.6% N 25% 1.2% 1.5% 49.3% 49.0% FY 2022 FY 2021 FY 2022 G SG EBGA07 E XSXEMASO S SCH SSGE◊ G SOLE SHIE FY 2021 FY 2022 S SA % INVESTORS IN PEOPLE® We invest in people Gold#8| Balance Balance sheet highlights Strong liquid balance sheet Positive demand for asset and liability products across the retail and corporate segments Assets (BHD millions) 643.1 NBB +24% 796.3 Liquid Assets الوطنى 2,395.8 G Dec 2021 Dec 2022 4,785.3 4,535.6 Liabilities and Equity (BHD millions) Dec 2021 Dec 2022 3,330.2 3,184.2 2,494.9 1,258.6 1,241.4 +6% +5% 535.3 575.9 +4% -1% Loans Investments Total Assets SG SOLE 08 E SE°5% SCH S +8% Customer Deposits Equity SHIE % INVESTORS IN PEOPLE We invest in people Gold#9Funding NBB الوطنى -8% Diversified funding in line with the change in market rate environment Strong attraction for depositors Demand Deposits (BHD millions) 1,885.0 1,730.8 +23% Dec 2021 Dec 2022 D♦♦IES DESA Time and Call Deposits (BHD millions) 1,299.2 1,599.4 Dec 2021 Dec 2022 S SSGE◊ G SG SOLE 2°5 G 09 E SE°5% SCH SHIE INVESTORS IN PEOPLE® We invest in people Gold %#10Balance sheet metrics Capital and liquidity positioned for growth Dominant industry metrics, and historically low NPL NPL and Capital Dec 2021 Dec 2022 14.0% 12.5% 4.0% 3.8% 22.1% 23.6% NPL Ratio 12.5% represents the minimum CBB CAR requirement CAR 14.0% represents the minimum CBB CAR requirement for banks designated as DSIBS الوطنى ♦EGGSE E SG CBSE 10 O 205 G E SOSE°5% NBB 100% Liquidity 398.3% 308.0% Average Daily LCR Dec 2021 Dec 2022 139.0% 135.7% 100% represents the minimum CBB LCR and NSFR requirement SG SCH SS NSFR S 5. E SOES INVESTORS IN PEOPLE We invest in people Gold %#11| Dividends NBB Proposed dividend includes the largest cash dividend on record reflecting current and projected performance Dividend Payout (BHD millions) الوطنى Cash Dividends Stock Dividends 72.1 53.9 56.0 48.8 50.8 20.6 18.7 15.5 14.0 17.0 +38% 34.8 38.4 33.8 37.3 51.5 2018 2019 2020 2021 2022 O E SG EBS 11 205 G E SOSE°5% SCH SS S SHIE 5. E % INVESTORS IN PEOPLE We invest in people Gold#12NBB CH الوطنى Sustainability NBB's Sustainability Journey S12S SG -SC-SS-|||- G INVESTORS IN PEOPLE® SCIE♪' We invest in people Gold SC-% SHEY'◊(-)M°S SIE う。。 SIEGMS. XSXXS-SY-SY||||◊◊C-TSX.C ·SAS SS&CS||||T♦HT#13| Sustainability Strategy Adoption of a 3 year roadmap (2021-2023) in implementing NBB's Sustainability Strategy NBB الوطنى h Infrastructure Year 1 2021 Building Momentum Year 2 Reaching the Goal Year 3 2022 2023 S SSGE◊ G SG SOLE 2°5 G SHIE E % SOSE°5% SCH INVESTORS IN PEOPLE® We invest in people Gold#14Pending#15Year 2: Building Momentum (2022) Key deliverables highlighted FY2022 Integrating ESG Risk Identification and Assessment into the Bank's Credit Policy Introduction of a number of ESG related products and services: Mazaya 2.0 mazaya ED- D Retail Offerings Auto loan with preferential rates to hybrid and EV cars Business Offerings ($)이 Education loan Arrangement of a Sustainability-Linked Loan ("SLL") Financings opportunities with environmental and/or social positive impact 000 Hydroponic Financing Solar panel financing for a strategic healthcare provider in Bahrain Measuring and reporting total impact - issuance of the integrated annual reports and the quarterly Investors Updates NBB الوطنى ♦EGGSE 2°5 G E SSGE◊ G SG SOLE BA15 SHIE INVESTORS IN PEOPLE® We invest in people Gold % SOSE°5% SCH#16Year 3: Reaching The Goal (2023) ESG Invest By SUSTAINABILITY EXCELLENCE TeamNBB's remarkable progress has earned the recognition of regional and global ESG rating agencies REFINITIV R Bloomberg CSRHUB Ⓡ 2020 cycle 31 Dec 2022 31 Dec 2022 31 Dec 2022 1st Ranked in the banking 1st sector in Bahrain Ranked in the banking sector in the Arab World 1st Ranked across all sectors in Bahrain 1st Ranked in the Banking sector in Arab world 2 Consecutive years holding 2nd the first position Maintained our rank in the Banking sector in the Arab World 2nd Ranked in the Banking sector in the Arab World 2nd Ranked across sectors in the Arab World 3rd Ranked in the Banking Sector in GCC Top 10% One of the top 100 banks on ESG 4th Ranked across sectors in the Arab World 1st Ranked across sectors in Bahrain NBB الوطنى ♦EGGSE D♦♦IES DESA 2°5 G E S SSGE◊ G SG SOLE SHIE % SOSE°5% SCH INVESTORS IN PEOPLE® We invest in people Gold#17Third Party Recognitions of NBB's Sustainability Journey Awards Global Finance awards: ☐ Best Bank for Sustainable Finance in Bahrain Outstanding Leadership in Sustainability Transparency on regional level ■ Euromoney Middle East Awards for Excellence in the following categories: Middle East's Best Bank for Corporate Responsibility Best Bank for ESG in Bahrain ☐ Best Bank for SME Banking in Bahrain Best Bank for CSR in Bahrain Best Printed 2021 Annual Report for Small-cap Companies at MEIRA Awards 2022 MENA Banking Excellence Award 2022 from MEED for Best Retail Bank in Bahrain ■ Continuity and Resilience Team Award by the Business Continuity Institute (BCI) Middle East Awards 2022 ■ Best-in-Class Straight Through Processing (STP) Rates from Citi Bank NBB الوطنى EUROMONEY >22 NBB 2022 DIESE SSGE◊ G SG SOLE G CEMSBSHSE 17 SHIE % INVESTORS IN PEOPLE We invest in people Gold SOSE°5%#18Serving Our Customers Key Initiatives FY2022 ■Responsible customer relationships ☐ NBB launched a virtual Financial Literacy Program for its C&SME clients to spread awareness on the available financial tools to better manage cash flows and credit lines The program included 5 sessions and catered to 420 attendees ☐ NBB launched "Points by NBB" a loyalty rewards platform offering customers special rewards and offerings 1 Welcome to Pints NBB NBB الوطنى ♦EGGSE SSGE◊ G SG SOLE CEMSBSHSE 18 SHIE 2°5 G E % INVESTORS IN PEOPLE We invest in people Gold SOSE°5% SCH#19Serving Our Customers Key Initiatives FY2022 Digital Transformation NBB Retail Customers related 215% Year-on-year increase of virtual cards issued resulting in cashless payment methods and saving printing of plastic cards 202% Year-on-year increase in Credit and Pre-paid cards sold digitally 898 186% Year-on-year Increase of new to bank retail customers that opened an account digitally 33% Year-on-year increase in digitally registered retail clients الوطنى S SSGE◊ G SG SOLE INVESTORS IN PEOPLE® 2°5 G SHIE E % We invest in people Gold SOSE°5% SCH#20Serving Our Customers Key Initiatives FY2022 Digital Transformation NBB الوطنى 3% 17% Business Customers Related Year-on-year increase in digitally processed transactions through Business Online Banking for business clients year-on-year increase in corporate clients on-boarded D♦♦IES DESA SG 2°5 G E CBSCS 20 SE°5% S SSGE◊ G SOLE INVESTORS IN PEOPLE® SHIE We invest in people Gold % SCH#21Responsible Banking Key Initiatives FY2022 Financial Inclusion NBB extends support to SMEs with its upgraded Tamweel Al Watani Scheme ■ NBB partnered with Cork Information Technology W.L.L to introduce a Supply Chain Finance Solution for its Corporate and SME clients and their suppliers ■NBB partnered with Bahrain Development Bank to develop products and funding solutions for Small and Medium-Sized Enterprises (SMEs). ■NBB concluded its Sustainability survey for Commercial and SME borrowing clients to raise awareness on relevant key ESG issues Sustainable Finance ■NBB successfully acted as a joint Sustainability Coordinator for a sustainability-linked syndicated loan ("SLL") for one of the strategic organizations based in Bahrain ■ NBB launched two new housing products Mazaya 2.0 and Tas'heel Finance aimed at enabling Ministry of Housing Beneficiaries to obtain housing units NBB financed a water desalination project to convert Sea Water into Drinking Water NBB الوطنى 두 Information Technology Restaura & Cof Tamweel Alwatani For Small & Medium Enterprises D♦♦IES DESA SSGE◊ G SG SOLE INVESTORS IN PEOPLE 2°5 G CEMSBSHSME 21 SHIE E % We invest in people Gold SE°5% SCH#22NBB Nurturing our Workforce Key Initiatives FY2022 愣 الوطنى 76% 32% 21 33% Talent Attraction, Engagement and Retention of interns trained were employed Increase in individuals promoted compared to 2021 Employees shift from non-managerial roles to middle management tier Increase in women within the middle management tier D♦♦IES DESA GESSE❀ 22 2°5 G E SG SE°5% S SSGE◊ G SOLE SHIE % INVESTORS IN PEOPLE We invest in people Gold#23Nurturing our Workforce Key Initiatives FY2022 Training and Development 72% Increase in the total training hours delivered reaching 66,531, resulting in average training hours of ~80 per employee 8888 99% of employees attended Sustainability related awareness sessions in 2022 The Rise Rise 2 and Group Rise (NBB's leadership program) were launched with 44 candidates with the aim of developing future leaders that will fill in within the succession planning strategy of the Bank NBB الوطنى 205 G D ♦&EGGSE° O Inspåre Powered by NBB Inspire 2.0 (NBB Group mentorship program) was launched with 51 mentors and 113 mentees CBS 23 E SG SE°5% SCH SSGE◊ E SHIE INVESTORS IN PEOPLE We invest in people Gold %#24Nurturing our Workforce Key Initiatives FY2022 Diversity, Inclusion and Equal Opportunity ■ NBB continues to record O reported incidents of discrimination Workforce Wellbeing NBB is the first Bank in the Gulf to successfully attain the ISO 45001:2018 certification in Occupational Health and Safety Management System ■Reported zero Employee lost-time injuries recorded in 2022. ISO 45001:2018 NBB الوطنى S SSGE◊ G SG SOLE SHIE 2°5 G E % SE°5% SCH INVESTORS IN PEOPLE® We invest in people Gold#25Community Investment Key Initiatives FY2022 ■ NBB sponsored one of the INJAZ Bahrain 14th Youth Entrepreneurs Competition Signature Awards "Excellence in Environmental Social Governance Award” and volunteered through it's Sustainability Committee as a judging committee in the competition. NBB also conducted an ESG awareness seminar to the students with the key message of working for results beyond financial performance ■ NBB extended its summer internship programme, Evolve and E-evolve, to encompass local and international schools and universities, and higher learning institutes, providing students with internship courses and training. Evolve catered to more than 50 students and E-evolve catered to more than 750 students ■ BHD 3.369 million invested in the community through Donations and Contributions Fund in 2022 NBB الوطنى MASOOLYTNA 9 e-Evolve NBB's Virtual Internship Programme D♦♦IES DESA SSGE◊ G SG SOLE SHIE 2°5 G E % SE°5% SCH INVESTORS IN PEOPLE® We invest in people Gold#26Preserving Natural Resources Key Initiatives FY2022 Climate Change ■ 13.2% year-on-year reduction in scope 1 and scope 2 Greenhouse Gas emissions Direct Environmental Footprint ■ 12.8% year-on-year reduction in total energy consumption 13% year- on-year reduction in water consumption. 100% recycled Mastercards launched after NBB arrayed with SINNAD. ■ Completion of solar system installation in Riffa and Istqlal branch aiming to reduce their respective greenhouse Gas emissions by 50% NBB الوطنى S D♦♦IES DESA CBS26 2°5 G E SSGE◊ G SG SOLE INVESTORS IN PEOPLE® SHIE We invest in people Gold S % SE°5% SCH#27Governance and Ethical Behavior Key Initiatives FY2022 Governance, Transparency and Accountability ■ Materiality topics have been expanded to include climate change, sustainable finance and, training and development NBB developed an ESG risk identification and assessment toolkit, which expands the due diligence process for credit proposals to include assessment of clients' preparedness of integrating relevant ESG factors within their operations Data Privacy and Security NBB continues to satisfy the ISO27001 Information Security Management system requirements and Payment Card Industry Data Security Standard (PCI-DSS) ■ 100% of employees completed the mandatory cyber security training NBB الوطنى SSO|||E◊ D♦♦IES DESA SSGE◊ G SG SOLE INVESTORS IN PEOPLE 2°5 G CBSA 27 SHIE E % We invest in people Gold SE°5%#28NBB البحرين الوطني | Q&A Closer to you Licensed by CBB as a conventional Retail Bank INVESTORS IN PEOPLE® We invest in people Gold