Financial and Operating Performance

Credit Quality Loans & Receivables and Islamic Financing Highlights ■ The Bank continues to pro-actively manage credit quality Impaired loans as a percentage of gross loans increased to 10.0% in Q4 2010 from 8.1% in Q3 2010 and 2.6% in Q4 2009 Full required provision for Dubai World made in Q3 2010 and exposure included in impaired loans (3) ■ Added AED 335m to PIP in 2010; total PIP of AED 2.2b at end-2010 representing 1.4% of unclassified lending credit RWAS ■ 80% of Saad and Al Gosaibi exposure provided at end-2010 Loan Portfolio by Type - 2010(1) 100% = AED 205.4b Sovereign 26% Retail 10% Islamic 9% Corporate 55% Impaired Loans & Coverage Ratios (2) 101% 102% 105% 102% 109% 95% 98% Impaired Loans & Impairment Allowance Composition (AED million)(2) Impaired Loans Composition Impairment Allowance ■Investment Securities ■Retail 48% 40% ■Islamic Corporate 20,562 Composition ■Investment Securities ■Retail 15,155 Islamic Corporate 8,322 10.0% 5,831 5,947 8.1% 3,751 3,292 1.674 1,660 3,314 1.788 1.6% 1.8% 2.1% 2.4% 2.6% 2.9% 3.1% 682 539 822 464 1,305 2,685 3,386 828 1,304 2,947 1,316 789 361 981 673 3,484 265 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 I Impaired Loans Ratio % Q2 10 Q3 10 Q4 10 Coverage ratio % 2008 2009 2010 2008 2009 2010 1) Loans and advances before provisions 2) Impaired Loans, Impairment Allowances and Coverage ratios restated to include investment securities classified as loans & receivables; Impaired Loans ratio is calculated on gross loans & receivables 3) Impaired Loans, Impaired Loans Ratio and Coverage ratio for Q3 2010 restated accordingly Emirates NBD 16

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