3Q 2023 Financial Performance

HIGHLIGHTS | FINANCIAL PERFORMANCE Improved profitability in 9M 2023 from NIM expansion and balanced asset growth البنك السعودي الفرنسي Banque Saudi Fransi BALANCE SHEET Loans & Advances ☐ ■ High quality loan growth of 10% YoY driven by 11% commercial and 7% consumer lending growth. Deposit growth of 5% YoY, mainly from IBDs. INCOME STATEMENT ■ 24% top-line growth from 28% NII growth. ■ NIM expansion of +65bps YoY to 3.63% on rising rates. ■ Net income grew 27% as income growth partly offset by increased impairments. ASSET QUALITY ■ Improvement in NPL and coverage ratios ■ Increased COR from previous migration of isolated pockets in the commercial book and coverage enhancement. 174.7 +10% year-on-year SAR Billion Operating Income 7,133 SAR Million NPL Ratio 1.97% +24% year-on-year -76 bps year-on-year T1 Ratio Investments 46.4 SAR Billion NIM Customers' Deposits +7% year-on-year 166.4 +5% SAR Billion year-on-year Net Income 3.63% +65 bps year-on-year 3,395 SAR Million NPL Coverage Ratio 140% LCR +23 ppts year-on-year CAPITAL & LIQUIDITY Capital, funding and liquidity remain strong and comfortably within regulatory limits. Decline in NIBD ratio from shift to IBDs in ☐ rising rate environment. 18.73% +4 bps year-on-year 171% -14 ppts year-on-year Cost of risk +27% year-on-year 0.98% +23 bps year-on-year NIBD % of Total Deposits 55.9% -9.0 ppts year-on-year 125

View entire presentation