Arab Bank Digital Transformation and Growth Strategy

Key Financial Highlights Q3 2023: performance was driven by underlying loans growth and higher core banking income . Arab Bank Group net income after tax at $630.3mm is higher than prior year's level by 55% ($224.5mm) $mm Q3-2022 Q3-2023 YOY% Loans 35,550 36,292 2.1% • Gross loan portfolio is higher by 2% ($0.7bn) to reach $36.3bn. At constant currency, loans grew by 4% Deposits 47,824 49,023 2.5% • Customer deposits are higher by 3% ($1.2bn) to reach $49bn. At constant currency, deposits grew by 5% Operating Income 1,810 2,325 28.5% • The Group's net operating income at $1.37 bn, which is higher than the prior year by 42% driven by positive JAWs between revenue and expenses Net Interest Income 1,105 1,497 35.5% Non-Interest Income 421 436 3.6% • Revenue at $2,325mm is up by 28% ⚫ NII is higher by 35% ($391.8mm) due to underlying growth in loan portfolio and improvement in NIM • Non Interest income (excluding one-off) grew by 4% at $436mm driven by new revenue streams • Income from associates is higher by 38% ($108.6mm) to reach $392mm, driven by growth in balance sheet and NIMS Operating expenses increased by 13% ($112.9 mm) due to investment in transformation efforts and innovative solutions Associates Income 284 392 38.3% Operating Expense 839 952 13.4% Net Operating Income 970 1,373 41.5% ECL Provision and Impairment 354 429 21.2% Net Income Before Tax 616 944 53.2% Income Tax 210 314 49.1% • Impairments are higher as cost of risk increased to 1.6% from 1.3% in Q3 2022 Net Income After Tax 406 630 55.3% البنك العربي ARAB BANK 26

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