#1Ziraat Bankası Investor Presentation August 2023#2Ziraat Bank More Than A Bank Financial Highlights Sustainability & Digitalization APPENDIX E IIIII 1#3Ziraat Bank operating Environment 2022 Latest Period GDP Growth (Annual %) 5.6 4.0 Q2 23 GDP Nominal (USD bn) 906 970 Q2 23 Unemployment (Annual %) 10.5 10.0 Jun.23 CPI (Annual,%) 64.3 47.8 Jul.23 Current Acc. Balance/GDP (%) (5.3) (5.8) Jun.23 Large and Growing Economy Strong Public Finances Budget Balance /GDP (%) (1.0) (3.5) Jul.23 Population 85mn 9.9% 65+ Age Group E= 68.1% 15-64 Age Group 22.0% 0-14 Age Group High Job Creation TURKISH ECONOMY Sound Banking Sector Banking Sector - June 2023 (TL bn) Assets 19,102 Cash Loans(1) 10,391 Securities(1) 3,220 Deposits (1) Shareholders' equity Net Profit (3M) 12,358 1,688 250 NPL 1.6% ROA 3.1% CAR 18.0% ROE 35.0% Young Population, Favorable Demographics Diversified Export Markets 54 Banks (1) Loans include accruals and the loans granted to banks, Deposits include accruals, and the banks' deposits, securities include accruals. 3 Public Banks 26 Private Banks 19 Investment & Development Banks 6 Participation Banks 2#4Ziraat Bank More Than a Bank Serving 41 mn. Customers Fully State Owned Strong Local and International Franchise Customer Oriented Balance Sheet Sustainable Growth Well Diversified Funding Base 160 Years of Banking Legacy Sound Capital Structure Prudent Risk Management 3#5• • Ziraat Bank 160 Years of Banking Legacy Homeland Funds establised, marking the the beginning of what will one day become Ziraat Bank Transformed into Benefit Funds under the control of central Ottoman Government Established as Ziraat Bank in 1888 1863 - 1922 • • International Expansion; Offices in Germany and London Reached 21 total subsidiaries Transformation into Joint Stock Company 1923-2000 Ranked #1 among state owned banks in Türkiye for customer satisfaction #2 in Western Europe and #5 globally in terms of Average Return on Capital by The Banker 2001 - 2010 • 2011 - 2015 Transformation Project First Syndicated Loan First Eurobond issuance 2016-2023+ Largest Financial Institution in Turkiye Ongoing digitalisation journey New digital bank "Ziraat Dinamik" Responsible banking for a sustainable World 4#6Ziraat Bank Organizational Structure Retail Banking EVP Treasury Management Corporate Banking EVP Board of Directors CEO Banking Operations and Corporate Communication EVP Credit Risk Monitoring and Liquidation EVP Digital Banking and Payment Systems EVP Loan Allocation and Management EVP and International Banking Analytical Banking and Human Resources Group Group Product Management Group Project Finance and Restructuring Group Interior Operations Group Internal Systems Group 5#7Ziraat Bank Strategies for Excellence Maximising customer satisfaction by creating integrated financial solutions in all countries where the Ziraat Finance Group operates To offer customers services which will be available to them at every moment and on every platform, within the framework of the service models of future Platform Banking Global Bank Simplifying and developing Efficient business processes with latest technologies Processes Stabilised Growth To remain a pioneer in the sector with a selective credit policy and effective use of resources The Business Model of the Future To improve our business model constantly by offering high-end technology driven solutions Advanced Technological Infrastructure To continue to work with an advanced technological infrastructure Responsible Banking To integrate the principles of environmental and social risk governance into the business model 6#8蛋蛋 Ziraat Bank Ziraat Finance Group Presence in 17 countries, 120 service points UK Bosnia & Herzegovina Montenegro Germany Kosovo Bulgaria Greece Turkish Rep. of Northern Cyprus Local Subsidiaries Ziraat Katılım Bankası (Participation Banking) Ziraat Yatırım (Securities Brokerage & Investment House) Ziraat Portföy (Asset Management) Ziraat GYO (Real Estate Investment Trust) Ziraat Teknoloji (IT) Ziraat GSYO (Venture Capital Investment Trust) Iraq Uzbekistan Georgia Saudi Arabia Azerbaijan Turkmenistan Bahrain Subsidiaries International Branches Russia Kazakhstan Overseas Subsidiaries Ziraat Bank Int. AG (Germany) Ziraat Bank BH. (Bosnia) Ziraat Bank Montenegro Ziraat Bank Azerbaycan Ziraat Bank Moscow KZI Bank (Kazakhstan) Turkmen Turk JSC Bank Ziraat Bank Uzbekistan JSC Ziraat Bank Georgia Overseas Branches United Kingdom Greece Bulgaria Iraq Saudi Arabia Kosovo Bahrain Turkish Republic of Northern Cyprus 7#9Ziraat Bank Ziraat Katılım Ziraat Finance Group - Domestic Subsidiaries Ziraat Yatırım Ziraat Portföy Participation Banking Started operations in 2015 TL 306 bn of asset size TL 173 bn of loan book 173 branches Over 2.300 employees Securities Brokerage Started operations in 1997 Bonds / bills sector share - rank: 7% - #4 Repo / reverse repo sector share - rank: 31% - #1 Asset Management Strong market position with a market share of %25 as per total AuM. Serving 78 investment funds, 3 real estate investment funds, 3 venture capital investmen fund, 12 exchange traded funds and 49 pension funds. TL 499 bn retail portfolio size Information Technologies Established in 2001. 3nd largest domestic software developer in Türkiye. Provides full scale IT solutions to Ziraat Bank and its domestic/foreign partnerships Real Estate Investment Trust Founded in November 2016. Istanbul Finance Center premises in the portfolio. Market Cap of TL 20.8 bn. Investment Portfolio of TL 20.2 bn. Finalized it's IPO with 25% offering in May 2021 Venture Capital Investment Trust Founded in November 2018 with TL 750 mn capital with the aim of investing in enterprises with high growth potential Ziraat Teknoloji Ziraat GYO Ziraat GSYO 8#10Ziraat Bank Ziraat Finance Group - Overseas Subsidiaries Ziraat Bank Int. AG Active in Germany for fifty-eight years, supplies an extensive array of retail and corporate banking products and services through seven branches. Ziraat Bank Bosnia-Herzegovina Started operations in 1997. The first entirely foreign-owned bank in Bosnia-Herzegovina. Serves corporate, small-business, and retail customers through 35 branches/offices. Ziraat Bank Montenegro Opened its doors for business in 2015. Headquartered in Montenegro's capital Podgorica, the bank has three branches. Ziraat Bank Georgia Established in 2017 by transforming the foreign branches in Georgia to a new subsidiary. Operates through 7 branches located in Batumi, Marneuli, Tblisi, Tsereteli, Varketili, Gldani and Kutaisi. « Ziraat Bank Azerbaycan Commenced operations in 2015. Mainly serves the corporate banking segment, Ziraat Bank Azerbaijan ASC conducts its operations through its headquarters in Baku and 7 branches. 9#11Ziraat Bank Ziraat Finance Group - Overseas Subsidiaries « Ziraat Bank Moscow Commenced operations in 1993, focusing primarily on the corporate banking segment. Turkmen Turk JSC Bank Founded in 1993. Headquartered in Ashgabat, provides services from 7 offices. Ziraat Bank Uzbekistan JSC Founded as Uzbekistan's first foreign capital bank in 1993. Operating through 7 branches; Tashkent (3), Yunusabad, Semerkand, Fergana and Buhara. Active in both retail and commercial banking. KZI Bank (Kazakhstan) Founded in 1993. The bank serves retail and corporate customers through 8 branches. 10#12Ziraat Bank Human Resources & Branch Network IIII Most widespread branch and ATM network among Turkish Banks 17 Corporate 1,765 branches 61 Commercial 1,662 Retail & Other 25 Foreign Branches 11 10 8 21 16 268 13 8 26 9 32 10 22 13 12 1 8 22 17 13 16 47 8 28 222 24 152 11 15 11 22 8 23 15 8 8 25 8 25 8 21 29 89 20 15 11 45 22 27 27 15 14 12 11 22 12 51 37 17 24 29 20 Largest ATM network with 7,337 ATMs 14% market share Largest Financial Instution of Türkiye, employing around 26,000 personnel Regions and International 1.4% Head Office 21.3% Branches 16 77.3% Sole bank in 370 locations 11#13Ziraat Bank Corporate Social Responsibility Ziraat Bank conducts enduring social responsibility projects whose aims are to protect cultural values, to contribute to the communal heritage, and to uphold traditions and customs. Ziraat Bank Young Farmers Academy Launched in 2018. To increase interest in agriculture among youth, teach agricultural production and investment, train educated and conscious young farmers, give young people an entrepreneurial awareness in the field of agriculture The Ziraat Bank Art Collection The Ziraat Bank art collection consists of more than 2,500 works, the majority of which are oil paintings but also includes watercolors, gouaches, pastels, prints, ceramics, and sculptures. Ziraat Bank the Turkish Cup Name Sponsor Both in keeping with its efforts to support sports in general and in recognition of their contributions both to social wellbeing and the Bank's public face, Ziraat Bank served as the Turkish Cup name sponsor. Bankas Spor Ziraat Bankası Bankacılık Okulu Ziraat Bank Banking School Established in 1926, the School has trained qualified staff for both Ziraat Bank and the entire Turkish Finance Sector. Providing both in class education programs and continious training through online material, the School recently partnered with Ankara University for a Masters degree in Banking Ziraat Bank Banking Museum Established in 1981. Türkiye's first museum devoted to banking. Occupying the ceremonial hall of the Bank's original headquarters in Ankara, the museum provides a look at the Bank's 160-year history. Ziraat 1981 Kulübü Ziraat Türkiye Kupası Ziraat Bank Sports Club Ziraat Bank has been supporting volleyball through the Ziraat Bank Sports Club established in 1981. The Bank's men's volleyball team, <<Ziraat Bankkart» has won three most recent seasons of <<Efeler League» consecutively. Türkiye Earthquake After the earthquake on February 6, 2023, TL 20 billion donation for earthquake region. 30 temporary service points were deployed, along with 9 mobile branches and 1 mobile ATM. 8 12#14Ziraat Bank More Than A Bank Financial Highlights Sustainability & Digitalization APPENDIX 13#15#7 Ziraat Bank Market Penetration #1 Market Rank as of June 2023 #5 #4 Source: BRSA, Publicly available Earnings Reports for peer banks #2 Market Share Total Assets 15.8% Cash Loans 16.5% Non-Cash Loans 17.8% #1 Deposits 17.9% Equity 15.3% 2012 Rankings 14#16Ziraat Bank Financial Snapshot June 2023 Balance Sheet Total Assets Loans(4) Securities TL bn USD bn 3,019 117,729 Key Ratios (%) 1,715 66,876 ROAA(1) 2.0 816 32 ROAE(1) 22.3 Deposits 2,209 86 Cost Income Ratio(2) 53.3 Funds Borrowed 140 5,4 NIM (cum.) (3) 3.6 Interbank Money Market 200 7,8 Shareholder's Equity 258 10 Loans(4)(5)/Deposits Loans/Assets 77.6 56.8 Securities/Assets 27.0 NPL Ratio 0.9 P&L TL mn USD mn Stage III Coverage(5) 78.4 Interest Income 131,942 5,145 COR(8) 1.6 Interest Expense 96,249 3,753 CAR 15.3 Net Interest Income 35,693 1,392 # of Net Fees & Commissions 12,205 476 Branches(6) 1,765 OPEX(7) 49,709 1,938 Employees Net Operating Profit 29,383 1,146 ATMs 25,916 7,337 Net Profit 25,742 1,004 (1) (2) Average total assets and average shareholders' equity represent weekly averages Includes dividend income (4) Performing Loans (6) Including foreign branches (5) Intermediated loans of public funds are excluded (7) Including HR expenses (8) COR adjusted for individual assesment and change in IFRS model (3) Average interest earning assets represent weekly averages. 15#17Ziraat Bank Assets & Liabilities Assets Liabilities (TL bn) 3,019 3,019 Others 3,9% Others 5,4% Reserve Req. & Liquid Assets Shareholder's 12,3% 8,5% Asset: Equity 12,9% Non Deposit Funds 27,0% Securities Loan: (1) Performing Loans 73,2% Deposits Loans(1) 56,8% Growth Rates 14.8% (QoQ), 71.9% (YoY) Fx Adj.: 3.3% (QoQ), 47.7% (YoY) 20.1% (QoQ), 68.4% (YoY) Fx Adj.: 12.8% (QoQ), 53.4% (YoY) Deposit: 15.1% (QoQ), 80.3% (YoY) Fx Adj.: 1.8% (QoQ), 50.9% (YoY) 16#18Ziraat Bank Lending 1,715 27% Total Loans(1) (TL bn.) SME(2) 13% Corporate 87% Other Tourism Corporate 26% 73% Retail 20% 9% Finance 3% 5% Construction 5% ■TL FX Energy 6% SME(2) 54% Agricultural Loans (TL bn.) 362 76% Market Share Only bank to extend government subsidized agro loans (1) Performing Loans (2) SME customers are classified under commercial segment 9% Service Trade Breakdown of Cash Loans Retail Agriculture Corporate 15% 28% 38% 23% 12% Manufacturing Of business loans, Figures do not include loans extended through foreign branches 47% SME(2) Accruals, intermediated loans of public funds and foreign branch lending are excluded 17#19Ziraat Bank Funding Total Deposits (TL bn) 2,209 36% 64% ■Time ■Demand Non-Deposit Funds (TL bn) 391 13% 36% 51% ■Money Markets (1) Performing Loan/Total Deposit Funds borrowed Bonds issued (2) Deposit banks Breakdown of Deposits 26% 12% 49% 88% 54% 46% 25% ■Retail ■SME Corporate ■Other Deposits ■Public Deposits Non-deposit funding/ total funding: 13% FX external funding/ total funding: 9% ■TL ■FX Loan to Deposit (¹) (%) 79,5 77,6 ■Ziraat ■Sector²) (2) 18#20Ziraat Bank Asset Quality NPL (%) 1,6 Total NPL by Segment Cost of Risk(2) (%) 0,9 Other(1) 5% Sector Ziraat Loan Classification (TL bn) SME 41% 36% 18% Corporate Retail 1.7 Stage III Coverage 78.4% Total Coverage (3) 315% 15.9 Stage III NPL Ratios by Segment 108.3 Stage II Corporate 1.0% Restructured Loans(4) in Total Loans: 7.2% Stage II Loans/Total Loans 6.3% SME 0.9% Retail 1.1% TL 17.3 bn Total Free Provisions 1,606 Stage I (1) Includes loans excluded from segment classification, intermediated loans from public funds and overseas branch lending (2) COR: Expected Credit Loss-Reversals/Average Loan Amount, CoR adjusted for individual assesment and change in IFRS model (3) (S1 S2 S3 provisions)/ NPL (4) Includes payment holidays during the Covid-19 outbreak. 19#21(1) (2) (3) Ziraat Bank Profitability & Capitalization Net Profit (TL mn) 41,092 6,291 2021 19,195 16,179 2022 H1 22 H1 23 OPEX Breakdown in H1 2023 49.7 bn (3) Other Depreciation 2% 11% IT&Comms. 3% Tax 5% SDIF 5% Premium 13% Promotions 21% Personnel Expenses 40% Earthquake Donation Capital Ratios (%) Cost Income Ratio (¹) (%) BRSA Target 12.0% Regulatory Minimum 8.0% Includes dividend income Due to BRSA regulation, Fees & Commissions from cash loans are categorized under interest income. Utilities and Maintenance Expenses are classified under Other item 15,3 14,2 12,3 CAR ■Tier-1 CET-1 53.3% Net Fees & Commissions in H1 2023) 12.2 bn Other 19% Insurance 10% Money Transfers 10% Cash Loans(2) 22% 13% Non-Cash Loans 26% Credit Cards 20 20#22Ziraat Bank More Than A Bank Financial Highlights Sustainability & Digitalization APPENDIX 21#23Ziraat Bank Sustainability Strategy Ziraat adopted its Sustainability Policy in 2014 and has a sustainability structure in place to guide the Policy's implementation. The policy is focused on providing environmentally and socially impactful financing based on the following four pillars: (1) long-term environmental and social perspectives; (2) financing climate change action and the transition to a low carbon economy; (3) approach decision-making considering environmental and social issues and associated potential risks; and (4) continuous development and integration of universally-accepted sustainability principles into the Bank's business model. Environmental and Social Impact Management Policy in Lending Activities adopted in 2020. • Activities that will not be financed by the Bank have been determined • Investment loan requests above a certain amount are reviewed by environmental specialists The disaster relief loan package exclusively designed for the benefit of individuals, SMEs and farmers affected by the February 2023 earthquakes covering 11 provinces was determined to be the sustainability performance criterion of 2023 syndicated loan. A Social Loan tranche was issued under our DPR programme dedicated to the mentioned disaster relief package. The largest Sustainability Themed single tranche syndicated loan* received by a financial institution in Türkiye Ziraat's Sustainability-linked loan products Individual/corporate energy efficiency loans Energy efficiency management loans Green mortgage Green car loan Renewable energy loans Wastewater treatment and recovery loans Ziraat Bankası Bir bankadan daha fazlas Ziraat is planning to build a solar power plant in order to meet its electricity consumption from renewable energy sources. The facility will have an installed capacity of 53 Mwe and is planned to be built in Kayseri. The first Sustainability Bond was issued in January 2021; 600m USD Amount 5Y Maturity 5.375% Coupon *The syndicated loan is renewed in April 2023 with 103% R/O amounting USD 1.3 bn. • Modern pressurized irrigation loans • Solar powered irrigation Loan Young Farmer Loan Woman Farmer Loan Golden Hive Loan Rooftop Solar Energy Loan Agricultural SME Loan Heat Insulation Loan Earthquake Relief Loan Package Digital Transformation & Tech-Support Loan 22#24Ziraat Bank Environmental Highlights Waste IT✶ sent for recycling (tons) includes electronic parts, metals, batteries, toners GHG Emissions intensity (tCO2e/TL million turnover) 0.05 (2021) 0.04 (2022) (-20%) Waste paper sent for recycling (tons) 1,125 (2021) 945 (2022) (-16%) 47 (2021) 73 (2022) (+55%) * Note: All waste IT are sent to recycling. The increase in between is due to the amount of renewed equipment or the life-end of existent equipment. THE INTERNATIONAL REC STANDARD In 2022, The Bank has supplied 50,000 MWh of its electricity from renewable energy sources. 100 more service buildings were renovated within sustainability concept in 2022. Zero Waste Management "Zero Waste Certificate" was received for a total of 1,371 out of separate 1827 service buildings. ENVIRONMENTAL AND SOCIAL IMPACT MANAGEMENT SYSTEM ✰ As of March 2022, Ziraat Bank officially started to implement environmental and social risk evaluations for investment loan requests related to projects above a certain amount in accordance with its <<Environmental and Social Impact Management Policy in Lending Activities>> adopted in 2020. ✰ The policy includes an «Excluded Activities List>> ✰ Assessments are done via Environmental and Social Risk Assessment Model (ESRM) which complies with the IFC Performance Standards as well as national legislation. ✰ In 2022, 21 projects were evaluated under ESRM and no projects were rejected due to Exclusion List. 14% savings of paper compared to previous year. Ongoing studies to establish zero waste management system. Financing of renewable energy and energy efficiency projects. In loan agreements with IFC or EBRD consortiums Commitments to comply with IFC Performance Standard, EBRD Performance Requirements and Equador Principles. 23#25Par Cake/Yatak Ank Zrt Mores 2016 Ziraat Bank Digital Journey Ziraat Tablet ios Android «E-Devlet>> Integration Product applications through channels Ziraat Asistan 80.000 TL Vady súper beirte ming 80.000 TL 24 d bist ein FO 1973 1 Yi Maliyet Ora 63.00 t POS Platform Bankkart • Website . Mobile .POS Website Corporate Website Ziraat Assistant Money withdrawal by using QR code Robotic Processes Automation Web Based New Banking Software Cyber Security Center Payment Methods with QR AI-Powered Customer Analytics AI-Supported Mobile Assistant Digital Ecosystem Integration Global Banking Software Global Data Center 2017 2018 2019 2020 2021 2022 New Corporate Internet Branch Ziraat Mobile For Corporate Clients Omni-Channel Experience • Standardization of interface and transaction flows ⚫ Interaction between channels Money withdrawal by using QR code Enhancing mobile transactions Multiple language mobile branch New Data Center x New Banking Software New Mobile Branch Internet and Mobile Branch Assistant Loan access through Internet and Mobile Branch Digital Onboarding Process New digital solutions to reduce branch usage Digitalized credit processes for non-retail customers Expanding the usage of biometric verification processes New digital customer segment and behavior analysis Virtual debit card/HCE contactless payment banart Se Metaverse Branch Open Banking Services Digital Agriculture Solutions Service Banking Digital Onboarding For Corporate Customer Digital Banking Innovations For Children And Youth New Digital Bank <<Ziraat Dinamik>> New Payment And Electronic Money Institution <<ZiraatPay>> 24 2023+#26Ziraat Bank Digitalization & Efficiency Banking Transaction Channel Distribution (%) Internet 53 Automatic Pay Branch ATM เค 24 24 63 Mobile Key Digitalization Achievements Digital Onboarding Process AI supported virtual assistant Digitalized credit processes for corporate customers New digital solutions to reduce branch usage Open Banking Services Non-Branch Channels Usage (%) 79.0 93.9 94.0 95.0 2014 2022 Q1 23 Q2 23 Unique Service Delivery 21m Active digital banking customers 33m Internet banking customers 7,337 ATMS 14% market share Channel optimisation strategy and below inflation unit transaction cost increase in 2022. ZiraatPay Digitalization Plans New Digital Bank "Ziraat Dinamik" Digital Banking Innovations For Children And Youth New Payment System "Ziraat Pay" Metaverse Branch Service Banking Digital Onboarding For Corporate Customers 25#27Ziraat Bank More Than A Bank Financial Highlights Sustainability & Digitalization APPENDIX 26#28Ziraat Bank Subsidiaries Ziraat Katılım Bankası A.Ş. Description Location (City/Country) The Bank's Risk Group Share (%) Total Assets (TL mn) Shareholder's Equity (TL mn) Istanbul / TÜRKİYE 100 305,818 15,713 Ziraat Gayrimenkul Yatırım Ortaklığı A.Ş. Istanbul / TÜRKİYE 81.1 22,301 19,833 Ziraat Yatırım Menkul Değerler A.Ş. Istanbul / TÜRKİYE 99.6 3,479 1,916 Ziraat Girişim Sermayesi Yatırım Ortaklığı A.Ş. Istanbul/ TÜRKİYE 100 2,553 2,551 Ziraat Portföy Yönetimi A.Ş. Istanbul / TÜRKİYE 99.8 653 533 Ziraat Teknoloji A.Ş. Istanbul / TÜRKİYE 100 412 31 Ziraat Finansal Teknolojiler Elektronik Para ve Ödeme Hizmetleri A.Ş. Istanbul / TÜRKİYE 100 54 50 Ziraat Dinamik Banka A.Ş (1) Istanbul/ TÜRKİYE 100 2,500 2,500 Ziraat Bank International A.G. Ziraat Bank BH d.d. Kazakhstan Ziraat Int. Bank Ziraat Bank Azerbaycan ASC Ziraat Bank Uzbekistan JSC Ziraat Bank (Moscow) JSC Ziraat Bank Montenegro AD JSC Ziraat Bank Georgia Frankfurt/ GERMANY 100 28,989 8,968 Sarajevo / BOSNIA HERZEGOVINA 100 19,422 2,685 Almaty / KAZAKHSTAN 99.9 10,771 3,814 Baku / AZERBAIJAN 100 10,096 1,568 Tashkent / UZBEKISTAN 100 5,777 967 Moscow / RUSSIA 100 3,131 1,435 Podgorica / MONTENEGRO 100 2,574 477 Tbilisi / GEORGIA 100 2,026 706 27 (1) The Bank's Subsidiary, Ziraat Dynamic Banka A.Ş., was established with the permission of the BRSA dated March 23, 2023. Ziraat Dynamic Bank A.Ş. was registered on April 18, 2023 and has not started its operations yet as of the end of the period.#29Ziraat Bank Non-Deposit Funding Syndication April 2023; USD 418 mn & EUR 784 mn; SOFR+ 425 bps & EURIBOR+ 400 bps p.a.; 367 days of maturity (ESG-linked) (103 % R/O) IFIS • • IBRD loans; 2010&2013; USD 200 mn, USD 67 mn and USD 300 mn ⚫ EIB loans; 2012-2017; 7 loans; each EUR 100 mn and IPARD EUR 100 mn KfW loan; 2014; EUR 150 mn AFD loan; 2014; EUR 100 mn • CEB loan; 2014; EUR 100 mn FC Bonds/Bills USD 1.6 bn Eurobonds outstanding • September 2023; USD 500 mn RegS/144A; 5.125% coupon rate; 6y March 2026; USD 600mn RegS/144A; 5.375% coupon rate; 5y (Sustainability Bond) August 2026; USD 500 mn RegS/144A; 9.5% coupon rate 3.5y • USD 100.5 mn MTN Private Placements . • USD 200 mn 5y securitised funding April 2019; EUR 1.4 bn AT-1 issuance under GMTN Programme 28#30Ziraat Bank Balance Sheet Summary % Change % Change TL bn 2020 2021 2022 Q1 23 Q2 23 ૨૦૧ YtD 91.0 222.1 391.2 387.4 371.5 -4.1 -5.0 CASH AND CASH EQUIVALENTS SECURITIES 225.6 341.4 588.3 714.1 816.3 14.3 38.8 LOANS 600.7 778.4 1,266.4 1,441.5 1,731.1 20.1 36.7 -Gross NPL 13.9 15.1 13.7 13.5 15.9 17.9 16.3 -Expected Credit Loss (-) 18.8 29.1 48.0 43.6 50.2 15.1 4.6 OTHERS 29.8 29.0 65.8 86.6 100.5 16.0 52.8 TOTAL ASSETS 942.6 1,370.9 2,311.7 2,629.6 3,019.4 14.8 30.6 DEPOSITS 629.9 948.7 1,739.3 1,919.6 2,209.4 15.1 27.0 FUNDS BORROWED 37.0 59.3 110.2 104.1 140.0 34.5 27.0 INTERBANK MONEY MARKETS 116.4 176.7 85.1 152.5 199.9 31.1 135.0 PROVISIONS OTHERS TOTAL LIABILITIES 7.1 9.1 48.7 36.4 38.8 6.6 -20.4 59.0 80.0 125.9 155.9 173.6 11.4 37.8 849.3 1,273.8 2,109.2 2,368.5 3,019.4 27.5 43.2 SHAREHOLDERS' EQUITY 93.3 97.1 202.5 261.1 257.7 -1.3 27.3 29 29#31Ziraat Bank Income Statement Summary % Chg % Chg TL mn 2020 2021 2022 Q2 22 Q1 23 Q2 23 QoQ YOY INTEREST INCOME -From Loans -From Securities 69,476 101,998 220,630 50,466 58,295 73,647 26.3 45.9 52,330 72,794 121,726 27,909 39,005 49,026 25.7 75.7 16,696 27,440 95,410 22,266 17,631 23,802 35.0 6.9 INTEREST EXPENSE 34,862 62,230 99,147 21,070 38,724 57,525 48.6 173.0 -On Deposits 22,812 41,199 73,694 15,848 30,487 45,012 47.6 184.0 NET INTEREST INCOME 34,615 39,768 121,483 29,397 19,571 16,122 -17.6 -45.2 NET FEES & COMMISSIONS 3,093 5,451 13,124 3,118 5,412 6,793 25.5 117.9 OTHER OPERATING INCOME 5,182 4,444 7,736 2,155 21,171 4,122 -80.5 91.3 EXPECTED CREDIT LOSS 10,691 14,956 29,545 3,716 2,408 10,317 328.4 177.6 -Stage 1 Provisions 1,340 199 9,798 796 1,281 2,357 84,0 196.1 -Stage 2 Provisions 5,505 9,861 15,326 2,042 418 5,439 NM 166.4 -Stage 3 Provisions 3,846 4,896 4,421 878 710 2,520 254.9 187.0 OTHER PROVISION EXPENSES 2,648 374 28,794 12,404 126 1,354 NM -89.1 OPEX(1) 12,092 14,513 24,936 5,134 35,409 14,300 -59.6 178.5 NET OPERATING PROFIT 10,834 8,913 61,251 13,330 8,033 21,349 165.8 60.2 NET PROFIT 7,825 6,291 41,092 9,450 6,546 19,195 193.2 103.1 (1) OPEX includes personnel expenses and other provision expenses Source: Unconsolidated Financial Statements NM: Not meaningful 30#32Ziraat Bank Key Financial Ratios (%) 2020 2021 2022 Q1 23 Q2 23 ROAA (1) 1.0 0.6 2.3 1.2 2.0 ROAE(2) 9.7 6.9 26.4 13.6 22.3 Cost / Income (3) 33.3 37.4 17.3 77.0 53.3 Fee / OPEX(4) 25.6 37.6 52.6 15.3 24.6 NIM (cum.)(5) 5.0 4.5 8.7 4.3 3.6 Loans (6) /Deposits 92.3 80.5 72.0 74.4 77.6 Loans/Assets 62.2 55.7 54.2 54.3 56.8 Securities/Assets 23.9 24.9 25.5 27.2 27.0 NPL 2.3 1.9 1.1 0.9 0.9 Stage III Coverage 77.0 80.2 84.8 85.5 78.4 COR 1.2 1.8 2.5 1.4(7) 1.7(7) CAR 18.2 16.5 16.5 16.4 15.3 Leverage (8) 9.1 13.1 10.4 9.1 10.7 # of Branches(9) Employees ATMs 1,752 1,752 1,758 1,758 1,765 24,673 24,607 24,484 26,047 25,916 7,274 7,269 7,276 7,311 7,337 (1) Average total assets represent weekly averages (2) Average shareholders' equity represent weekly averages (3) Includes dividend income (4) Includes Personnel Expenses (5) Average interest earning assets represent weekly averages (6) Performing Loans (7) Annualized figüre, Expected Credit Loss-Reversals/Average Loan Amount, COR adjusted for individual assesment and change in IFRS model (8) Leverage (Assets/Shareholders' Equity)-1 (9) Including foreign branches 31#33Ziraat Bank For further information please contact Financial Institutions and Investor Relations Department Finanskent Mah. Finans Cad. No: 44/A A Blok, 36. Kat Ümraniye-İstanbul/Türkiye Phone: (+90) 216 590 11 91 E-mail: [email protected] www.ziraatbank.com.tr DISCLAIMER The information contained in this presentation has been prepared by T.C. Ziraat Bankası A.S. for informational purposes only. Although the information in this presentation has been obtained from sources which we believe to be reliable, we cannot guarantee that the information is without fault or entirely accurate. The information contained in this presentation has not been independently verified. No representation or warranty express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. The information and opinions in this presentation are provided as at the date of this presentation and are subject to change without notice. T.C. Ziraat Bankası A.S. does not accept any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or otherwise arising in connection with this presentation. This presentation cannot be interpreted as an advice to anyone and is also strictly confidential and may not be reproduced, distributed or published for any purpose.#34Ziraat Bank