Investor Presentaiton

Expected Credit Losses (ECL) 9M 2021 Financial Statements ECL Disclosure (USD mn) Total Gross Loans (USD bn) 30 September 2021 Stage1 Stage 2 Stage 3 Total ■Stage 1 ■Stage 2 ■Stage 3 65.0 60.7 2% Loans, advances and Islamic 59,069 financing to customers 4,913 1,006 64,988 7% 60.0 2% 10% 2% 7% Contingent liabilities 12,002 2,302 94 14,398 91% 88% 91% ECL allowance for credit 420 facilities 480 737 1,637 Sep-20 ECL Allowance for Credit Facilities Dec-20 Sep-21 CBK Credit Provisions vs IFRS 9 ECL (USD mn) 2,310 Stage 1 24% Stage 1 21% Stage 3 52% Stage 3 47% Stage 3 45% Stage 1 26% 233 Stage 2 24% Stage 2 32% CBK Provision ■ ECL⭑ 2,387 393 Excess over ECL 2,247 610 Stage 2 29% 2,077 1,995 1,637 Sep-20 (USD 2,077 mn) Dec-20 (USD 1,995 mn) Sep-21 (USD 1,637 mn) Sep-20 Dec-20 Sep-21 * ECLS as per CBK guidelines National Bank of Kuwait 26

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