Investor Presentaiton

PUBLIC Expected Credit Losses (ECL) 1Q 2022 Financial Statements ECL Disclosure (USD m) 31 March 2022 Stage1 Stage 2 Stage 3 Total 61.0 1% Loans, advances and Islamic financing to customers 11% 63,194 4,334 765 68,292 Contingent liabilities Total Gross Loans (USD bn) ■ Stage 1 ■Stage 2 ■ Stage 3 68.3 67.0 1% 1% 8% 6% 91% 88% 93% 12,307 1,911 94 14,312 ECL allowance for credit facilities 546 506 607 1,659 Mar-21 ECL Allowance for Credit Facilities Dec-21 Mar-22 CBK Credit Provisions vs IFRS 9 ECL (USD m) CBK Provision 2,435 Stage 3 41% Stage 1 26% Stage 3 35% 495 Stage 1 29% Stage 3 37% Stage 1 33% Stage 2 33% Stage 2 36% Stage 2 30% ■ ECL⭑ 2,198 678 Excess over ECL 2,422 763 1,940 1,520 1,659 Mar-21 (USD 1,940m) Dec-21 (USD 1,520m) Mar-22 (USD 1,659m) Mar-21 Dec-21 Mar-22 * ECLS as per CBK guidelines National Bank of Kuwait 29

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