Investor Presentaiton

Strong Second Party Opinion Provided by ISS ESG The Framework is aligned to ICMA principles and in line with best market practices Emirates NBD demonstrates its contribution to sustainability and to the UAE's government's sustainable strategies. ICMA Pillars Use of Proceeds Evaluation and Selection Management of Proceeds Reporting Aligned ✓ ■ ■ ■ ■ ☐ ISS CORPORATE Powered by SOLUTIONS ISS ESG SECOND PARTY OPINION (SPO) Sustainability Quality of the Issuer and Sustainable Finance Framework Emirates NBD Bank (P.J.S.C.) 28 August 2023 Emirates NBD's green/social categories align with the project categories as proposed by the Green Bond Principles, Social Bond Principles and Sustainability Bond Guidelines, Green Loan Principles and Social Loan Principles. Eligibility Criteria are defined in a clear and transparent manner. Description of estimated proceeds allocation per project category will be provided with the annual reporting following issuance. Environmental/social benefits are described. Emirates NBD defines sector and project exclusion criteria. The Issuer has defined an expected allocation period of 24 months, in line with best market practice. Emirates NBD has defined target population for each social project categories, and defined the impact reporting indicators it will report on to track the progress of the projects. The project selection process is defined and structured in a congruous manner. ESG risks associated with the project categories are identified and managed through an appropriate process. The Issuer clearly defines responsibilities in the process for project evaluation and selection and is transparent about it, which is in line with best market practice. The net proceeds collected will be equal to the amount allocated to eligible projects, with no exceptions. The net proceeds are moved to a sub-portfolio and attested in a formal internal process. The net proceeds are managed on an aggregated basis (portfolio approach). Moreover, Emirates NBD discloses the temporary investment instruments for unallocated proceeds and the expected allocation period is defined in line with best market practice. Emirates NBD commits to disclose the allocation of proceeds transparently and to report in an appropriate frequency. Emirates NBD commits to report annually, until the Sustainable Finance Instruments mature. Emirates NBD provides a list of potential output and impact indicators at category level in line with market practice. 34

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