Building the Bank of The Future

Total capital ratio strong at 17.6% Capital (AED bn) 76.6 19.1 6.4 102.7 • 9.1 (0.5) (0.4) 87.2 • (7.6) on AT1 ECL add-back Dividends CET1 31-Dec-23 T1 T2 12 CET1 Net Earnings Interest 31-Dec-22 Risk Weighted Assets (AED bn) 17% Capital 31-Dec-23 Key Highlights Emirates NBD 60 years together 1601 14.9% CET-1 ratio slightly lower y-o-y on significant increase in proposed dividend and 17% increase in RWAs Credit RWA increase from strong Retail and Corporate loan growth • DenizBank RWAs increase due to loan growth and increased reserve requirements • Operational risk RWA increase a function of higher 3-year average income and increased transaction volumes Capital ratios well above 11% / 12.5% / 14.5% CBUAE minimum requirements IAS 29 hyperinflation adjustment is capital neutral Capital Ratios (%) 19.5 19.7 18.3 18.7 584 1.1 1.1 17.6 533 499 515 1.1 1.1 508 1.8 1.7 1.8 1.8 155 1.1 1.6 138 132 139 129 43 33 11 32 33 33 33 13 12 12 12 15.4 15.8 16.6 16.9 14.9 323 331 334 351 374 Q4-22 ■Credit Risk Q1-23 ■Market Risk Q2-23 Q3-23 Operational Risk Q4-23 Q4-22 Q1-23 DenizBank Q2-23 CET1% AT1% T2% Q3-23 Q4-23 24

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