Emirates NBD Investor Presentation H1 2021

Emirates NBD delivers higher profits in H1 2021 on improving economic conditions Key Metrics 2021 Macro themes H1 2021 2021 Guidance Net Profit USD 1.3bn +17% y-o-y Profit Regional Global NIM Cost to income 32.6% NPL Ratio 6.3% 35% mid-6% Credit Quality 2.45% ↑ 2.40-2.50% UAE non-oil GDP expected to grow by 3.5%, boosting overall economic growth to 1.5% in 2021 UAE is the world's most vaccinated country with 75% of the population fully vaccinated • Improved global indicators of economic and employment activity Accommodative central bank policies and government support measures Coverage Ratio 122.5% CET 1 15.6% Capital Tier 1 17.6% CAR 18.7% Curbs in oil production to weigh on headline GDP growth Continued uncertainty from new variants of Covid-19 LCR 158.8% Travel Liquidity ADR 95.7% Assets Loan Growth -1% 95-100% Low-single Digit restrictions remain a headwind for recovery in the tourism sector • Recent spike in inflation Financial and Operating Performance 12 12

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