60 Years Together

Capital ratios extremely strong Capital (AED bn) 76.6 CET1 31-Dec-22 8.9 84.4 (0.3) (0.8) 5.6 99.1 9.1 Net Earnings Interest on AT1 ECL CET1 add-back 30-Jun-23 T1 T2 Capital 30-Jun-23 Risk Weighted Assets (AED bn) 2% • Key Highlights CET-1 ratio improved by 1.2% to 16.6% during H1-23 as AED 8.9 bn of net earnings more than offset 2% increase in RWAs Lower RWA density due to high quality Corporate loans added Capital ratios well above 11% / 12.5% / 14.5% CBUAE min. requirement . CET-1 at 16.1% excluding ECL regulatory add-back IAS 29 hyperinflation adjustment is capital neutral Capital Ratios (%) 19.5 515 479 490 499 508 18.0 18.5 18.3 18.7 1.1 1.1 1.1 1.1 1.1 1.8 117 123 132 139 129 1.9 1.9 1.8 1.8 31 31 33 11 11 11 32 33 33 12 12 15.0 15.5 15.4 15.8 16.6 320 326 323 331 334 Q2-22 Q3-22 Q4-22 Q1-23 ■Credit Risk Market Risk Operational Risk DenizBank Q2-23 Q2-22 Q3-22 ■CET1% Q4-22 AT1% T2% Q1-23 Q2-23 25

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