3Q 2022 Investor Presentation

Operating Expenses 9M 2022 saw 20% growth in operating expenses YoY mainly from higher employee and G&A costs Operating Expenses (SARmn) Operating Expenses Movement YoY (SARmn) +15% +20% مصرف الإنماء alinma bank 684 616 642 663 710 179 2,015 1,676 140 20 327 253 284 305 265 63 66 66 69 70 287 291 323 310 334 QoQ 3Q 21 +11% 4Q 21 -6% 1Q 22 +3% 2Q 22 +7% 3Q 22 Operating Expenses 9M 21 Salaries & employee-related Depreciation & amortization Other G&A Salaries & employee-related +17% Depreciation & amortization Other G&A Operating Expenses 9M 22 +11% +27% Operating Expenses Composition Cost to Income Ratio (%) 34.7% (SARmn) 45% ■Salaries & employee-related 40% 35% 33.7% 42% 48% Depreciation & amortization 30% 2,015 25% 20% Other G&A 10% 15% 9M 21 FY 21 1Q 22 1H 22 9M 22 3Q 2022 INVESTOR PRESENTATION Management Commentary ■ Operating expenses increased 20% YoY to SAR 2,015mn for 9M 2022 mainly due to higher salaries, increased commercial expenses from POS terminal deployments, higher SMS communication and marketing costs. Higher operating expenses YoY contributed to a 1.0 ppt increase in the cost to income ratio from 33.7% to 34.7%. 30/50

View entire presentation