Investor Presentaiton

Divisional performance (Excluding DenizBank) • • • . Corporate and Institutional Banking CIB income was down 3% y-o-y mainly due to lower non-funded income. Net interest income improved 1% y-o-y due to growth in lending activity Fee income declined 19% y-o-y as lower lending fees and trade commissions more than offset the increase in investment banking activity The division continued to spend on digitization programs and technology to enhance the Transaction Banking Services product offering Loans grew 3% during the year with stable momentum in lending activity . . • • Balance Sheet Trends AED Bn Income Trends AED Mn +7% -3% +3% -10% 1,643 1,533 1,483-- 269.4 276.9 147.2 157.5 1,201 1,271 1,216 Deposits grew 7% with continued focus on growing CASA balances reflecting the Group's aim to reduce the average cost of funding while maintaining liquidity at an optimum level 332 373 267 Q4 19 Q2 20 Q2 19 Q1 20 Q2 20 Loans Deposits NII NFI Global Markets & Treasury GM&T income declined 102% y-o-y primarily due to the decrease in net interest income on account of lower interest rates. NFI improved 76% y-o-y Trading and Sales desks continued to deliver a solid performance despite significant market volatility The Global Funding Desk raised AED 10.9 billion of term funding in H1 2020, including two benchmark senior public bond issues and AED 7.3 billion of private placements with maturities out to 20 years Income Trends AED Mn 232 -102% -137% 132 14 175 99 87 -74 -180 NII NFI -5 Q2 19 Q1 20 Q2 20 Divisional Performance 24

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