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Investor Presentaiton

Delivering consistent growth and profitability Track record of strong financial performance Gross Income¹ / Operating Income (excl. credit ins.) (US$'mn) 506.6 452.0 FY'20 FY'21 +30% 660.0 Cost to Income ratio (%) FY'22 22.9 22.8 2020 Source: FY'22 financials 2021 +50% I Profitability (US$'mn) Net Income ROE ROA 418.0 90.1 279.0 22% 235.0 21% 58.0 29% 78% 68.0 79% 327.9 71% 221.0 286.0 210.0 165.5 167.0 FY'20 FY'21 FY'22 2020 2021 2022 Net Interest Income Non-Interest Income² Net Interest Margin (%) 20bps 22.7 2022 I 90bps 4.1 3.2 2.9 2020 2021 Note: 'Gross income comprises of interest income, dividend income, fees, commissions & other income, net gain on financial assets at FVTPL and gain on sale of financial assets Note: 2Non-interest income comprises of dividend income, fees, commissions and other income Africa Finance Corporation | FY'2022 Results Presentation | April 2023 2022 10
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