Investor Presentaiton

Q1 2014 Financial Results Highlights Emirates NBD Highlights Net profit of AED 1,042 Mn improved 55% q-o-q and 25% y-o-y • Total income improved 5% q-o-q and 27% y-o-y • Net interest income was broadly stable q-o-q and rose 28% y-o-y • Non-interest income improved 17% q-o-q and 25% y-o-y on the back of higher banking fee income and property income Costs declined 14% q-o-q and rose 14% y-o-y. Cost to income ratio improved by 7.3% q-o-q to 31.5% helped by a number of one-off costs not repeated and higher income Pre impairment operating profit of AED 2,283 Mn rose 18% q-o-q and 34% y-o-y Key Performance Indicators AED Mn Q1 14 Q1 13 Better / (Worse) Better / Q4 13 (Worse) Net interest income Non-interest income 2,232 1,748 28% 2,224 0% 1,101 882 25% 938 17% Total income 3,333 2,630 27% 3,162 5% Operating expenses (1,050) (925) (14%) (1,227) 14% Pre-impairment 2,283 1,705 34% 1,935 18% operating profit Impairment allowances Operating profit Share of profits from associates (1,267) (888) (43%) (1,313) 4% 1,016 817 24% 622 63% 61 26 135% 45 36% Gain on disposal of stake in associates/subsidiaries Taxation charge Net profit n/a 12 (100%) (35) (7) (400%) (5) (600%) 1,042 836 25% 674 55% Cost: income ratio (%) 31.5% 35.2% 3.7% 38.8% 7.3% Net interest margin (%) 2.75% 2.39% 0.36% 2.76% (0.01%) the Provisioning of AED 1.3 Bn in line with guidance, increasing coverage ratio by 3.2% to 60.7% • Headline AD ratio improved to 95.3% due to a healthy growth in deposits • NIMS were broadly stable q-o-q at 2.75% AED Bn 31-Mar-14 31-Mar-13 % 31-Dec-13 % Total assets Loans 347.1 315.8 10% 342.1 1% 239.7 220.6 9% 238.3 1% Deposits 251.5 223.0 13% 239.6 5% 16

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