Building the Bank of The Future

Monetary Assets Non-monetary Assets Dec-20 505 Mar-21 524 Hyperinflation Türkiye Consumer Price Index 268% 547 571 687 844 124% 846 Sep-22 1,047 Dec-22 1,128 Monetary Liabilities Net Monetary 1 Equity Position Mar-23 1,270 Jun-23 1,352 65% Sep-23 1,691 Dec-23 1,859 1.6 Key Highlights 0.7 (1.2) 1.7 2.8 Turkish CPI grew in the preceding 12 months DenizBank's results and financial position included within ENBD's consolidated Financial Statements are adjusted for hyperinflation with effect from 1-Jan-22 by 268% over preceding three-years and by 65% Net profit FY'22 Income Expenses Provisions Profit before Hyperinflation tax & others Adjustment Tax Profit FY'23 • Non-monetary Liabilities 1.6 (1.1) (0.1) 26 bps positive impact on capital from hyperinflation adjustment is excluded from capital adequacy computations Group EPS for 2023, excluding hyperinflation adjustment, is 62% higher at AED 3.99 compared to AED 2.47 for 2022 Hyperinflation accounting not mandated by local regulator 39 Emirates NBD 60 years together 1601

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