Investor Presentaiton

Financial results highlights FY 2021 Better / Income Statement (USD bn) FY 2021 FY 2020 (Worse) Net interest income 4.6 4.8 (3)% Non-funded income 1.9 1.6 21% Total income 6.5 6.3 3% Operating expenses (2.2) (2.1) (2)% Pre-impairment operating profit 4.3 4.2 3% Impairment allowances (1.6) (2.2) 26% Operating profit 2.7 2.0 34% • Taxation charge and others (0.2) (0.1) (38)% Net profit 2.5 Cost: income ratio (%) 33.5% Net interest margin (%) 2.53% 1.9 33.8% 2.65% 34% 0.3% (0.12)% Balance Sheet (USD bn) Total assets Loans 31-Dec-21 31-Dec-20 Inc / (Dec) 187.1 190.0 (2)% • 114.9 120.7 (5)% Deposits 124.2 126.3 (2)% CET-1 (%) 15.1% 15.0% 0.1% LCR (%) 177.6% 165.0% 12.6% NPL ratio (%) 6.3% 6.2% 0.1% • Highlights Income Expenses Risk Capital Liquidity Macro Divisional • Key Highlights Strong 2021 results a continuation of recovery with net profit up 34% y-o-y 38% of income from international operations Income momentum offsetting impact of low interest rates. Higher non-funded income from increased transaction activity and growth in FX & Derivative income Record CASA balances keeping funding costs stable Improved loan mix with record demand for retail financing Expenses up 2% as business recovers and investment for future growth Cl ratio improved in 2021 supported by positive income momentum - • Cost of risk of 124 bps within pre-pandemic range - Provisions substantially down 26% y-o-y NPL ratio steady at 6.3% Coverage of 127.5%, highest amongst regional peers Strong Retail and DenizBank loan growth in local currency terms ENBD loans stable in 2021; DenizBank's Turkish Lira net loans up 26% in 2021 Retail loans up USD 2bn in 2021 Offset by USD 1.2bn of deferral repayments and currency translation Group maintains strong Capital and Liquidity CET-1 of 15.1%, strongest amongst regional peers LCR of 177.6% reflects healthy liquidity position 13

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