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Investor Presentaiton

Our Investment Proposition Market dominance in both corporate and retail space, formidable capital and liquidity buffer, strengthened ERM practices and excellent value creation for shareholders. A dominant player in the Nigerian Banking Industry: ■ Controls a significant share of the high-end corporate clients in all sectors of the Nigerian economy. ■ The bank uses its strong balance sheet and liquidity as well as efficient trade finance processes and services to continuously grow and support its customers. Thriving in the retail and digital space: ■ Continues to attract and grow its share of retail customers and retail business in the market. Strong Focus on Risk Management: ■ NPL ratio came in at 4.2% with a coverage ratio of 114.4%. The Group will continue to implement robust risk management practices and maintain the lowest possible NPL ratio. Credit Rating: Constrained by Sovereign Ratings ■ Standard and Poor's ratings for Zenith Bank are: B-/Stable/B (Issuer Credit Rating) and ngBBB/ngA-2 (National Scale Rating). ■ Fitch ratings are: 1) Long-term foreign currency IDR: 'B' - stable outlook; 2)Short-term foreign currency IDR: 'B'; 3)National Long-term rating: 'AA-(nga)'; 4) National Short-term rating: 'F1+(nga)'. ☐ Moody's ratings: 1) Long Term Debt - B2 with Stable Outlook; 2) Long Term Deposit - B2 with Stable Outlook Consistent and Growing Dividend Payout: N/share Good and growing dividend payout to its investors. 1.80 2.02 72% growth btw 2015 & 2021 2.70 3.00 2.80 2.80 3.10 2015 2016 2017 2018 2019 2020 2021 © 2021 ZENITH BANK PLC | Full Year Group Results Presentation to Investors & Analysts | Page 7
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