Investor Presentation Q3 2021

Net interest income 2.47 2.82 2.89 Net Interest Margin (%) 2.73 2.65 Quarterly NIM YTD NIM 2.65 2.51 2.48 2.46 2.45 2.42 2.44 2017 2018 2019 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 2.73 NIM Drivers Q3-21 YTD vs Q3-20 YTD (%) 2.55 2.51 0.43 (0.01) (0.04) (0.75) 0.58 2.30 Highlights Income Expenses Risk Capital Liquidity Macro Divisional Key Highlights • Q3-21 NIM substantially improved Loan yields up on improved loan mix Lower funding cost on CASA growth and efficient deployment of liquidity - Higher DenizBank NIMs on lower funding costs • YTD NIM down 22 bps y-o-y due to interest rate cuts in 2020 Improved funding cost offset by reduced loan yields • NIM guidance revised up to 2.45-2.55% Higher DenizBank NIMs on lower funding costs NIM Drivers Q3-21 vs Q2-21 (%) 2.65 0.06 0.04 0.01 0.10 2.44 Q3 20 YTD Loan Yield Deposit Cost Treasury & Other ENBD DenizBank Q3 21 Ex-Deniz Q2 21 YTD Loan Yield Deposit Cost Treasury & Other DenizBank Q3 21 15

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