Investor Presentaiton

Hyperinflation Türkiye Consumer Price Index +138% 56% 52% 1,047 • 978 844 505 524 547 571 441 451 466 477 1,047 978 844 687 441 451 466 477 505 524 547 571 Dec 19 Mar 20 Jun 20 Sep 20 Dec 20 Mar 21 Jun 21 Sep 21 Dec 21 Mar 22 Jun 22 Sep 22 Key Highlights Loss on net monetary position for DenizBank was AED 2.4 bn for 9M'22 AED 2.4 bn debit P&L charge with corresponding credit offset to OCI making it capital neutral 1.9 1.5 0.3 0.6 (0.9) 3.5 0.2 (2.4) 1.1 • • Turkish CPI grew by 138% over preceding three-years and by 52% in 9M'22 DenizBank's results and financial position included within ENBD's consolidated Financial Statements are adjusted with effect from 1-Jan-22 Net Profit 9M'21 Income Expenses Provisions P&L Indexation Tax & others Profit after Hyperinflation Tax 9M'22 Adj Net Profit 9M'22 Monetary Assets Non-monetary Assets Net Monetary Position + . Monetary Liabilities • Equity Non-monetary Liabilities • • AED 0.6 bn credit to equity representing the impact of indexing non-monetary items from date of acquisition until 31-Dec-21 The positive impact on capital of 20 bps from hyperinflation adjustment is excluded from capital adequacy computations EPS for 9M'22, excluding hyperinflation adjustment, is 63% higher at AED 1.76 compared to 1.08 for 9M'21 IAS 29 is not applied to local accounts in 9M'22 25

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