Investor Presentaiton

Impairment 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

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