Investor Presentaiton

Public - Outlook and Guidance Solid financial & strategic foundations drive a promising outlook for 2024 Management Guidance Market Outlook Solid GDP growth Real GDP growth (%) 7.9% 2022 3.4% 4.0% 2023 2024 1 Gross Financing Growth Executing ADIB's growth strategy against a positive economic backdrop resulting in balanced growth across Retail & Wholesale = Net Profit Margin FY 2023 Actual 6% مصرف أبوظبي الإسلامي ADIB FY 2024 Guidance 5% to 7% - Oil prices to remain supportive Brent Price/Barrel (avg) (USD) Higher 4Q23 NPM exit rate moderating towards 4.5% average for FY 2024 from modest expected rate cuts during the year 4.50% 2 4.5% 99 82 81 - Cost of Risk 2022 2023 2024 Modest rise in CoR from ongoing expansion into SME and retail expat sectors and continued build-up of prudent provisioning 0.49% 0.50% to 0.70% Inflation to moderate UAE Inflation (avg) (%). Cost to Income Ratio 4.8% 3.1% 2.3% Opex growth to support business expansion moderated by disciplined management and digital efficiencies with overall positive "jaws" 32.9% < 32% 2022 2023 2024 = Expenditure expected to remain stable Government expenditure % of GDP (%) Return on Equity 27% 27% 23% Solid expected profit growth and focus on capital-efficient income growth expected to drive continued superior returns 27.1% > 25% 2022 2023 2024 10

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