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Investor Presentaiton

Credit quality Impaired loans and allowances 6.3 6.2 6.3 6.4 6.1 • 36.4 37.1 37.2 37.9 37.7 • 29.7 29.2 29.2 29.5 28.3 133.3 127.5 126.7 128.5 122.5 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Impaired Loans (AED Bn) * Impairment Allowances (AED Bn) NPL Ratio (%) Coverage ratio (%) Coverage by Stage* Stagewise ECL (AED bn) 37.2 37.7 0.9% 1.0% Stage 1 3.8 3.8 23.5% Stage 1 22.2% 6.9 7.3 Stage 2 Stage 2 91.1% 95.0 % Stage 3 26.4 26.7 Stage 3 FY-21 Q2-22 FY-21 Q2 22 Highlights Income Risk Expenses Capital Liquidity Divisional Key Highlights NPL ratio improved by 0.3% to 6.1% in Q2-22 on strong writebacks and recoveries Coverage ratio strengthened 4.8% to 133.3% in Q2-22 。 S3 coverage increased to 95% as writeback and recoveries reduced impaired loan balances o S1 and S2 coverage stable 79 bps cost of risk below 2021 level of 124bp on higher writeback & recoveries and reflecting improving economic environment with DenizBank's cost of risk at 76 bps *Includes purchase originated credit impaired loans of AED 1.0bn (Dec-21: AED 1bn) acquired at fair value / **Stage 3 coverage adjusted for POCI acquired at FV Total Gross Loans Q2-22, AED 463bn Stage 1 87% 87% 7% Stage 2 7% FY-21 AED 459n 6% Stage 3 6% 21
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