Investor Presentaiton

Financial results highlights FY 2021 Better / Income Statement (AED bn) FY 2021 FY 2020 (Worse) • Net interest income 16.9 17.5 (3)% Non-funded income 6.9 5.7 21% Total income 23.8 23.2 3% Operating expenses (8.0) (7.9) (2)% Pre-impairment operating profit 15.8 15.4 3% Impairment allowances (5.9) (7.9) 26% Operating profit 9.9 7.4 34% • Taxation charge and others (0.6) (0.5) (38)% Net profit 9.3 Cost: income ratio (%) 33.5% Net interest margin (%) 2.53% 7.0 33.8% 2.65% 34% 0.3% (0.12)% Balance Sheet (AED bn) 31-Dec-21 31-Dec-20 Inc / (Dec) Total assets 687.4 698.1 (2)% • Loans 422.3 443.5 (5)% Deposits 456.5 464.2 (2)% CET-1 (%) 15.1% 15.0% 0.1% LCR (%) 177.6% 165.0% 12.6% NPL ratio (%) 6.3% 6.2% 0.1% • Highlights Income Expenses Risk Capital Liquidity Macro Divisional Key Highlights Strong 2021 results a continuation of recovery with net profit up 34% y-o-y 38% of income from international operations Income momentum offsetting impact of low interest rates Higher non-funded income from increased transaction activity and growth in FX & Derivative income Record CASA balances keeping funding costs stable Improved loan mix with record demand for retail financing Expenses up 2% as business recovers and investment for future growth Cl ratio improved in 2021 supported by positive income momentum - • Cost of risk of 124 bps within pre-pandemic range - Provisions substantially down 26% y-o-y NPL ratio steady at 6.3% Coverage of 127.5%, highest amongst regional peers Strong Retail and DenizBank loan growth in local currency terms ENBD loans stable in 2021; DenizBank's Turkish Lira net loans up 26% in 2021 Retail loans up AED 7bn in 2021 Offset by AED 4.2bn of deferral repayments and currency translation Group maintains strong Capital and Liquidity CET-1 of 15.1%, strongest amongst regional peers LCR of 177.6% reflects healthy liquidity position 13

View entire presentation