Investor Presentaiton

COMPELLING STRATEGIC RATIONALE A transformational transaction that brings significant benefits to all stakeholders 1 Strengthen KFH's position as the leader in its home markets #1 bank in terms of total assets and deposits in Kuwait and Bahrain with over 27% of total market share in Kuwait by assets¹ 2 Strengthen Islamic Banking leadership 3 Propel KFH's regional leadership 4 #2 largest Islamic bank globally by assets and customer deposits Strengthened position in Kuwait and Bahrain Entry into 6 new markets Enhance scale and deepen relationships across corporate and retail customers Corporate Banking contribution increasing to 31% a pro forma basis 5 Provide significant operational efficiencies potential 6 Cost synergies expected to be 10-12% of the combined cost base Well capitalised and funded, ideally positioning KFH to better pursue growth $4bn increase in CET1 capital Strong and diverse funding base 7 EPS and value accretive to KFH shareholders EPS accretive including and excluding impact of synergies 1 Market share as of FY21, calculated based on domestic market data for KFH+AUB (excluding foreign assets of Kuwaiti banks) divided by the sum of total domestic assets of publicly traded banks in Kuwait (as per CBK). 9 البنك الأهلي المتحد بيت التمويل الكويتي Kuwait Finance House ahli united bank

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