Investor Presentaiton

DenizBank business overview Highlights Income Expenses Risk Capital Liquidity Divisional Better / Better/ Income Statement (USD Mn) Q1-22 Q1-21 Q4-21 Key Highlights (Worse) (Worse) Net interest income 334 350 (5)% 359 (7)% Non-funded income 162 205 (21)% 224 (28)% • Net profit of USD 171 million in Q1-22 stable y-o-y despite 48% depreciation in currency translation Total income 495 555 (11)% 583 (15)% • Operating expenses (142) (152) 7% (146) Pre-impairment operating profit 353 403 (12)% 437 3% (19)% Cost of risk improved to 294 bps in Q1-22 from 343 bps in 2021 • Total assets in Turkish Lira grew 11% in Q1-22 Impairment allowances (133) (179) 26% (389) 66% Operating profit 221 224 (1)% 48 358% Taxation charge (50) (49) (2)% (15) 239% Net profit 171 175 (2)% 34 410% Cost: income ratio 28.3% 27.5% (0.8)% 25.0% (3.3)% Net interest margin 4.66% 4.13% 0.53% 4.60% 0.06% Balance Sheet Metrics (USD bn) Assets Net Loans Deposits NPL and AD Ratio (As per local reporting guidelines) NPL Ratio (Unadjusted) AD Ratio (Unadjusted) 29.6 29.9 6.6 6.2 98.8 99.3 18.7 16.6 16.8 19.0 Q4-21 Q1 22 All financial numbers post acquisition (1-Aug-19) include the fair value adjustments, unless otherwise stated. FY-21 Q1 22 FY 21 Q1 22 24

View entire presentation