Investor Presentaiton

Q2-14 Financial Results Highlights Emirates NBD • Highlights Net profit of AED 1,308 Mn for Q2 improved 35% y-o-y and 25% q-o-q Net interest income rose 22% y-o-y helped by an improved asset mix due to retail and Islamic growth, CASA growth leading to lower cost of funds and a 5% contribution from Egypt Non-interest income improved 37% Key Performance Indicators Better/ Better / AED Mn Q2-14 Q2-13 Q1-14 (Worse) (Worse) Net interest income 2,327 1,913 22% 2,232 4% Non-interest income 1,382 1,007 37% 1,101 26% Total income 3,709 2,920 27% 3,333 11% Operating expenses (1,087) (989) (10%) (1,050) (4%) y-o-y Pre-impairment 2,622 1,931 36% 2,283 15% operating profit y-o-y. Impairment allowances Operating profit Share of profits from associates (1,345) (997) (35%) (1,267) (6%) 1,277 934 37% 1,016 26% 60 41 46% 61 (2%) boosted by increases in trade finance income, asset management fees, gains from legacy property sales and a contribution of 3% from Egypt Cost to income ratio improved 4.6% Excluding one-offs, cost to income ratio would have been 31.1%. Costs increased 10% y-o-y due to staff and occupancy costs linked with rising business volumes and partially offset by a control of other costs. Egypt contributed 6% of the increase Provisions of AED 1,345 Mn boosted the coverage ratio by 4% in Q2 to 64.7% AD ratio of 95.6% within 90-100% management range Gain on disposal of stake in associates/subsidiaries Taxation charge n/a n/a (29) (3) (741%) (35) 17% Net profit 1,308 972 35% 1,042 25% Cost: income ratio (%) 29.3% Net interest margin (%) 2.78% 33.9% 2.48% 4.6% 31.5% 0.30% 2.75% 2.2% 0.03% AED Bn 30-Jun-14 31-Dec-13 % 31-Mar-14 % • Q2-14 NIMS improved to 2.78% due to improving asset and deposit mix Total assets 348.3 342.1 2% 347.1 0% Loans 241.8 238.3 1% 239.7 1% Deposits 252.9 239.6 6% 251.5 1% 17

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