#1NBB البحرين الوطني National Bank of Bahrain Group Investor Presentation Year ended 31 December 2023 Closer to you SLEE ABADOUROY KESSSSGEGE✰✰✰GSG-M°54 Licensed by CBB as a conventional Retail Bank.#2Disclaimer 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. Licensed by CBB as a conventional Retail Bank. 02 NBB البحرين الوطني#3Financial Performance Licensed by CBB as a conventional Retail Bank. 03 البحرين الوطني#4Attributable net profit 16% FY Attributable Net Profit (BHD millions) Licensed by CBB as a conventional Retail Bank. 68.1 79.1 FY 2022 FY 2023 Double-digit growth Q4 Attributable Net Profit (BHD millions) 16% 20.1 17.3 Q4 2022 Q4 2023 ◊◊◊◊¯¯¯¯| NBB 04 البحرين الوطني#5| Income statement Positive operating and consolidated profit growth BHD millions 131.8 141.4 41.2 7% 3% 42.6 96.0 88.0 85.5 87.5 12% 1% -16.3 -6.6 -0.5 0.0 FY 2022 FY 2023 70.7 81.4 15% Net Interest Income Other Income Operating Expenses Operating Profit Loan Provisions Other Provisions Consolidated Net Profit and Associates Profits Licensed by CBB as a conventional Retail Bank. ◊◊◊◊¯¯¯¯| NBB 05 البحرين الوطني#6ECL coverage Strong precautionary provision buffers built in 2022 have been maintained in 2023 Cost of Risk 0.64% 0.26% FY 2022 FY 2023 Coverage Ratios 16.8% 13.1% 0.7% 0.6% Stage 1 50.6% 48.8% Dec 2022 Dec 2023 89.6% 87.5% Stage 2 Stage 3 Stage 3 Including Collateral -¬¯¯||||&S-SX =||||C÷5¬TSY - SESS Licensed by CBB as a conventional Retail Bank. 06 NBB البحرين الوطني#7| Key ratios ✔ 13% 12.6% ROE 14.2% N Improvements in profit metrics 13% 1.5% ROA NIM 1.7% 3% 3.2% 3.3% FY 2022 FY 2023 FY 2022 FY 2023 FY 2022 FY 2023 Licensed by CBB as a conventional Retail Bank. ◊◊◊◊¯¯¯¯| NBB 07 البحرين الوطني#8Balance sheet highlights Strong liquid balance sheet and total assets exceeding BHD 5.0 billion Assets (BHD millions) 796.3 1,406.3 2,535.1 2,494.9 1,241.4 1,155.0 Dec 2022 Dec 2023 5,372.5 4,785.3 Liabilities and Equity (BHD millions) Dec 2022 Dec 2023 3,504.8 3,330.2 575.9 577.2 Liquid Assets Loans Investments Total Assets Customer Deposits Equity Licensed by CBB as a conventional Retail Bank. ✰✰*SEE✰✰✰ NBB 08 البحرين الوطني#9Funding Funding migration in line with the change in market rate environment Demand Deposits (BHD millions) Time and Call Deposits (BHD millions) 1,830.1 1,730.8 1,674.7 3% 14% 1,599.4 Licensed by CBB as a conventional Retail Bank. Dec 2022 Dec 2023 Dec 2022 Dec 2023 ◊◊◊◊¯¯¯¯| NBB 09 البحرين الوطني#10Balance sheet metrics NPL and Capital Capital and liquidity positioned for growth Dec 2022 Dec 2023 Liquidity 14.0% 12.5% 3.8% 4.7% NPL 12.5% represents the minimum CBB CAR requirement 23.6% 23.3% CAR 14.0% represents the minimum CBB CAR requirement for banks designated as DSIBS Licensed by CBB as a conventional Retail Bank. 100% 398.3% 287.6% Average Daily LCR Dec 2022 Dec 2023 139.0% 137.1% 100% represents the minimum CBB LCR and NSFR requirement NSFR ◊◊◊◊¯¯¯¯| NBB 10 الوطني#11Dividends Proposed dividend includes the largest cash dividend on record reflecting current and projected performance Dividend Payout (BHD millions) Licensed by CBB as a conventional Retail Bank. Cash Dividends Stock Dividends 71.9 56.0 53.9 50.8 20.6 48.8 18.7 15.5 14.0 17.0 34.8 38.4 33.8 37.3 51.3 68.0 2018 2019 2020 2021 2022 2023 ◊◊◊◊¯¯¯¯| NBB 11 البحرين الوطني#12Sustainability Highlights 12 Licensed by CBB as a conventional Retail Bank. البحرين الوطني#13Roadmap vs performance NBB e Enjoy higher interest with easy access! Macoutumency put that desaghebrew with equidity options piye mer fodity and erytrings About spell fog 80 AED GBP EUR Hounaginentoval teed pay 2000 offic dafromaco the mes dagen mace Ved Compet application form 433 ABS Banch trans NBB has accomplished the milestones of its three year roadmap way ahead of the end of the three years timeline (by Q1 2023) Licensed by CBB as a conventional Retail Bank. 13 ✰✰✰ NBB البحرين الوطني#14Team NBB's remarkable progress has earned the recognition of regional and global ESG rating agencies REFINITIV R 1st across all sectors in MENA 1st As of 31st December 2023 Bloomberg amongst the banking services sector in Bahrain 1st ESG Invest By SUSTAINABILITY EXCELLENCE amongst the banking services sector in Bahrain 1st 2nd amongst the banking services sector In Bahrain 2nd on Banks in the MENA region as per Bloomberg ESG Disclosures across all sectors in Bahrain 1st amongst the Banking Services sector in MENA Licensed by CBB as a conventional Retail Bank. 3rd amongst the banking services sector in the GCC ◊◊◊◊¯¯¯¯| NBB 14 البحرين الوطني#15Awards Received by International awarding bodies including; EUROMONEY GORANCE GLOBAL FINANCE Euromoney Awards Global Finance Awards INVESTORS® IN PEOPLE Investors in People ◊◊◊◊¯¯¯¯| NBB Licensed by CBB as a conventional Retail Bank. 15 البحرين الوطني#16Recognitions nal ah na ne Ant. Licensed by CBB as a conventional Retail Bank. NBB participated with the official team Bahrain at COP28 important rola the severity of NBB showcased its sustainability journey to UAE delegates at COP28 NBB becoming the sole financial partner for the Green Factory Seal Program with MOIC 16 NBB البحرين الوطني#17ESG labelled transactions પોલ First sustainability-link interest rate swap for Bapco Energies for a notional amount of USD 2.2bn, the first of its kind in Bahrain Sustainability-linked refinancing exercise of USD 1,247mn Licensed by CBB as a conventional Retail Bank. 17 ◊◊◊◊¯¯¯¯| NBB البحرين الوطني#18Key highlights of NBB's sustainability journey Sustainability Pillar: Customer Centricity Retail Digital Banking 68.7% 23%* of all new accounts were opened digitally Digitally registered retail customers 87%* 237%* ***48%** Total digital users on "Points" 370%* "New to Bank" customers onboarded digitally Total points awarded to customers Total value of points redeemed to customers Compared to December 2022 Licensed by CBB as a conventional Retail Bank. 18 NBB البحرين الوطني#19Key highlights of NBB's sustainability journey Sustainability Pillar: Customer Centricity **18%* Digitally registered corporate clients Compared to December 2022 * Business Online Banking B Plectricity and Water Authority The Batan Petroleum Company †10%* Digital banking transactions GEMS±¼S(SSG)|||E◊◊G°SE◊✅GE Licensed by CBB as a conventional Retail Bank. 19 NBB البحرين الوطني#20Key highlights of NBB's sustainability journey Sustainability Pillar: Responsible Banking Compared to December 2022 Licensed by CBB as a conventional Retail Bank. Sustainable Finance 48%* Mazaya programme 20 NBB البحرين الوطني#21Key highlights of NBB's sustainability journey Sustainability Pillar: Nurturing our Workforce Talent Attraction, Engagement and Retention 43,882 Equal and Fair Opportunity Total training hours 36%** Representation of women in middle management السلة 888 51 Average training hours per employee 98% Compared to December 2022 Licensed by CBB as a conventional Retail Bank. Employees have attended sustainability awareness e-learning programme +50%* Representation of women in senior management 38% Representation of women in the working force ◊◊◊◊¯¯¯¯| NBB 21 البحرين الوطني#22Key highlights of NBB's sustainability journey Sustainability Pillar: Community Investment Community Investment Licensed by CBB as a conventional Retail Bank. HOTHE 20 hrain 10 199 BHD 3M Donations and contributions 558 Hours spent in volunteering activities to engage with the community ◊◊◊◊¯¯¯¯| NBB 22 البحرين الوطني#23Key highlights of NBB's sustainability journey Sustainability Pillar: Preserving Natural Resources Direct Environmental Footprint 7%* 7%* Energy consumption 10%* Water consumption 22% Waste recycling ratio Licensed by CBB as a conventional Retail Bank. Climate Change Scope 1 and scope 2 greenhouse gas emissions Compared to December 2022 ◊◊◊◊¯¯¯¯| NBB 23 البحرين الوطني#24Key highlights of NBB's sustainability journey Sustainability Pillar: Governance and Ethical Behavior Licensed by CBB as a conventional Retail Bank. 4452 AML 100% -MONEY LAUNDER 10111010 0.0 0:00 0100 1 10 0100100 0101 011010 1000 10010. 2109 210187 01 1001000101001 10 1010 10111 1 010 0110101 01110 011010 0101010010010110 11010100 01111 01010100 000010 003 01 0 0 01110101010101010 011011 01 1001 10001 10011 1 100 1001 0 0 0101 012 GIG 010 111 I 10101 1 000019 01001100011 010911025201001 0001000 001 010 0111 1110 01101 11 11 1 10110001010110101 100 1 100010 01010101011 01011111010 C.410 010100100100000 1 100 1 01 11 01410 101001010100010100010 1011 1011011 1010 10010 201110100 100% Employees completed anti-money laundering training Employees completed privacy and security awareness training ◊◊◊◊¯¯¯¯| NBB 24 البحرين الوطني#25NBB Q&A Closer to you البحرين SLEE ABADOUROY KESSSSGEGE✰✰✰GSG-M°54 Licensed by CBB as a conventional Retail Bank.