Q2-16 Financial Results Highlights

Divisional Performance (cont'd) Wholesale Banking Operating Environment . • • Wholesale Banking revenues improved 5% q-o-q Loans grew 4% from end 2015 Deposits declined 4% from end 2015, reflecting continued efforts to reduce the average cost of funding while maintaining liquidity at optimum levels Focus in 2016 continues to be on enhancing customer service quality in key sectors, share of wallet, increased cross-sell of Treasury and Investment Banking products and larger Cash Management and Trade Finance penetration Appendix Strategy Financial & Operating Performance Emirates NBD Profile Global Markets & Treasury • . GM&T revenues declined 26% q-o-q Sales revenues saw strong growth due to higher volumes in Interest Rate hedging products, Foreign Exchange & Fixed Income sales Trading and Investment revenues improved as both Credit Trading and FX Trading delivered a strong performance despite challenging market conditions Global Funding raised AED 14.4 Bn of term debt via AED 5.4 Bn of private placements, a AED 2.8 Bn of sukuk issuance and an AED 6.2 Bn club deal Balance Sheet Trends AED Bn -4% +4% 200.8 208.1 Emirates NBD Revenue Trends AED Mn +5% 1,240 1,095 1,146 358 317 352 106.7 102.5 883 778 794 Q4 15 Q2 16 Q2 15 Q1 16 Q2 16 Loans Deposits NFI NII Revenue Trends AED Mn -26% 159 59 118 137 142 126 22 -7 -84 Q2 15 Q1 16 Q2 16 NFI NII 24 224

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