Building the Bank of The Future

Strong client flows driving non-funded income growth Emirates NBD 60 years together 1601 Non-funded income FY'23 FY'22 %A YOY Q4-23 %A QOQ Key Highlights (All figures are in AED m) • Fee and Commission income 8,959 7,004 28% 2,561 37% Fee and Commission expense (4,086) (2,923) 40% (1,200) 41% Net Fee and Commission Income 4,873 4,081 19% 1,361 33% Other operating income 7,595 5,152 47% 986 (5)% Gain/loss on trading securities 480 52 823% 149 170% Total Non-funded income 12,948 9,285 39% 2,496 18% Healthy quarterly trend in fee and commission income from increased local & international retail card business at both ENBD and DenizBank, Trade Finance product growth, and increase in treasury volumes and wealth management deals in ENBD Q4 Fee income up 28% y-o-y on higher retail card spend volumes at ENBD and DenizBank, in addition to IPO transactions Other operating income increased 47% y-o-y due to an increased volume of retail customer FX remittance, additional corporate hedging and lower swap funding costs in Turkey Fee and Commission Income (AED m) Other Operating Income 2,561 (AED m) 2,394 82 2,016 1,993 78 277 261 1,870 68 69 73 267 271 228 2,039 2,394 23 284 2,174 91 287 328 311 1,041 2,218 85 986 2,038 2,087 49 38 1,569 1,681 1,653 1,755 287 1,441 907 661 Q4-22 Q1-23 Fee Income Q2-23 ■Trade Finance Q3-23 Q4-23 Q4-22 Brokerage and AM Fees Q1-23 ■FX & Derivative Q2-23 Property & Others Q3-23 Investment Securities Q4-23 19

View entire presentation