3Q 2023 INVESTOR PRESENTATION

Operating Expenses 9M 2023 saw 13% growth in operating expenses YoY mainly from higher employee and G&A costs Operating Expenses (SARmn) Operating Expenses Movement YoY (SARmn) +8% +13% مصرف الإنماء alinma bank 710 750 758 747 766 125 34 96 2,270 2,015 318 319 307 313 305 70 74 73 80 86 334 358 367 359 367 QoQ 3Q 22 +6% 4Q 22 +1% 1Q 23 -1% 2Q 23 +3% 3Q 23 Operating Expenses Personnel cost D&A Other G&A Operating Expenses 9M 22 9M 23 Personnel cost D&A Other G&A +13% +17% +11% Operating Expenses Composition Cost to Income Ratio (%) (SARmn) 45% ■Salaries & employee-related 40% 35% 34.7% 48% 31.7% 41% 30% Depreciation & amortization 2,270 25% 20% Other G&A 11% 15% 9M 22 FY 22 1Q 23 1H 23 9M 23 3Q 2023 INVESTOR PRESENTATION Management Commentary ☐ Operating expenses increased 13% YoY to SAR 2,270mn for 9M 2023 mainly due to higher salaries, software maintenance expenses, POS terminal deployments, higher SMS communication, and marketing costs. +10.4ppts positive Jaws contributed to a 3ppts decrease in the cost to income ratio from 34.7% to 31.7%. 30/48

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