Investor Presentaiton

Dec-19 441 Mar-20 451 Jun-20 466 Hyperinflation Türkiye Consumer Price Index +156% Sep-20 477 Dec-20 505 Mar-21 524 56% Jun-21 547 Sep-21 571 Dec-21 687 Mar-22 844 846 64% Sep-22 1,047 Jun-22 Dec-22 1,128 1.6 3.5 Turkish CPI grew by 156% over preceding three-years and by 64% in 2022 DenizBank's results and financial position included within ENBD's consolidated Financial Statements are adjusted with effect from 1-Jan-22 Monetary Liabilities Monetary Assets Net Monetary Equity Position Non-monetary Liabilities Non-monetary Assets Net Profit FY21 Income Expenses Provisions Tax & others Profit after tax FY22 Hyperinflation Net Adj Profit FY22 AED 0.6 bn credit to equity representing the impact of indexing non-monetary items from date of acquisition until 31-Dec-21 The positive impact on capital of 17 bps from hyperinflation adjustment is excluded from capital adequacy computations Group EPS for 2022, excluding hyperinflation adjustment, is 79% higher at AED 2.47 compared to 1.38 for FY21 Hyperinflation accounting not mandated by local regulator in 2022 Key Highlights Loss on net monetary position for DenizBank was AED 3.1 bn for 2022 AED 3.1 bn debit P&L charge with corresponding credit offset to OCI making it capital neutral 29 1.0 (1.3) (0.2) 4.7 (3.1) 1.6

View entire presentation