Investor Presentaiton

Merger Update Synergy realization has exceeded the upgraded target and SNB continues to make progress on delivering merger benefits SNB Unlocking merger benefits... > with realized cost synergies already touching revised target of SAR 1.4Bn 1,472 Realized¹ SAR Bn 1,472 1,164 1,400 2nd Revised Target o 1,200 1st Revised Target Cost Synergies Realized 800 Original Target of total revised targeted cost synergies SAR Bn 1,400 520 ° 2020 2021 2022 3023 2023 Integration costs on track... as 94% of revised targeted cash spend of SAR 940Mn already committed SAR Mn 884 is committed of total revised targeted integration costs 940 SAR Mn SNB | 3Q 2023 | Investor Presentation Sources of Cost Synergies -15% 1,100 Integration Cost Categories 900 940 884 -18% +4% -6% Original 1st Revised 2nd Revised Committed @ 3Q 2023 Integration Cost Composition 1 on a rolling 12-month basis 105% of revised targeted cost synergies realized Operational efficiencies Optimization of technology stack Natural FTE attrition Capex: IT stack optimization spend, data migration & rebranding Opex: Advisory, marketing & relocation 63% of the total integration cost is CAPEX 17

View entire presentation