Building the Bank of The Future

Executive Summary FY 23 Results AED Record profit of AED 21.5 bn in 2023 on higher income & strong AED recoveries 100% increase in proposed dividend to 120 fils Deposits grew 16% by AED 82 bn, including AED 30 bn CASA growth Delivering innovative ESG transitioning solutions to customers and issued largest ever green bond from a regional bank 品 Highest ever income on strong loan & deposit mix coupled with healthy trend in fee & commission in 2023 Key Metrics and Guidance Profit Income AED 21.5 bn AED 43.0 bn +65% +32% NIM 3.95% Guidance 2023: 3.8-4.0% 2024: 3.8-4.0% CET 1 AED Record retail financing and AED 70 billion of new corporate lending LCR Cost to Income 210% 14.9% ($) Solid balance sheet with healthy capital, liquidity and credit quality and strong profit reflecting core strengths of the Group 27.2% Guidance 2023: 33% 2024: 33% NPL Cover 163% NPL ratio 4.6% Guidance 2023: <6% 2024: 4-5% Cost of Risk 71 bp Guidance 2023: 50-70 bp 2024: ~50-70 bp Loan Growth 5% (Net loan growth 7%) Guidance 2023: high-single digit 2024: mid-single digit 15

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