Q3 2023 Results Presentation

NIMs at top-end of guidance Net Interest Margin (%) Quarterly NIM 4.40 -YTD NIM 4.05 4.08 • 3.96 3.57 4.05 3.87 4.00 • 3.43 3.10 Fed Funds Upper Bound 2.89 2.65 2.53 1.75% 0.25% 0.25% 3.25% 4.50% 5.00% 5.25% 5.50% 2019 2020 2021 Q3-22 Q4-22 Q1-23 02-23 Q3-23 Key Highlights 9M'23 NIM up 90 bps y-o-y due to improved loan & deposit mix and higher interest rates Q3-23 NIM up 21 bps q-o-q on higher DenizBank NIM due to improved loan pricing, higher CPI-linked and indexation income, more than offsetting higher funding costs and competitive loan pricing at ENBD NIMS at top-end of 3.8-4.0% guidance range NIM drivers 9M'23 vs 9M'22 (%) 3.10 3.04 (1.06) (0.66) (0.42) NIM drivers Q3-23 vs Q2-23 (%) 4.00 0.45 4.08 3.87 0.17 (0.19) (0.22) 9M'22 Loan Yield Deposit Cost Treasury & Other DenizBank 9M'23 Q2-23 Loan Yield Deposit Cost Treasury & Other DenizBank Q3-23 4

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